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I Blew $200k Trying to Start a Coaching Program

I Blew $200k Trying to Start a Coaching Program

FromLeveling Up with Eric Siu


I Blew $200k Trying to Start a Coaching Program

FromLeveling Up with Eric Siu

ratings:
Length:
7 minutes
Released:
Nov 21, 2020
Format:
Podcast episode

Description

In this episode, Eric shares the lessons that he learned from losing $200,000 trying to start a coaching program. He talks about not having sales nailed down, why good marketing alone is not enough to sell a product, and other key lessons he learned from this loss. To hear more, tune in today!
TIME-STAMPED SHOW NOTES:
[00:21] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast!
[00:38] The benefits of doing a post-mortem after you complete a project.
[01:10] What prompted Eric to start a training program when the pandemic hit. 
[01:50] How the campaign for the program was received.
[02:15] The problem Eric faced by not having a sales team for the program.
[02:50] Some of the things that went really well for Eric.
[03:50] Lessons learned from the failure of the training course. 
[05:27] If you don’t have passion for your product, don’t pursue it.
 
Resources From The Interview:
 
Traction
Leveling Up
 
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Connect with Eric Siu: 
 
Growth Everywhere
Single Grain
Eric Siu on Twitter

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Released:
Nov 21, 2020
Format:
Podcast episode

Titles in the series (100)

Leveling Up is a weekly interview series with entrepreneurs and marketers on the latest in business and marketing. Learn actionable strategies & tactics on how you can make your business grow and mistakes to avoid during your journey. Learn from individuals who have founded billion dollar companies to best-selling authors. Entrepreneur and host Eric Siu also shares insights and learnings along the way.