Entrepreneur Mastermind Podcast
Entrepreneur Mastermind Podcast
John Sonmez
Episode 114 “Burn Your Business To The Ground”
2 hour 32 minutes Posted Apr 26, 2016 at 5:01 am.
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Episode 114 “Burn Your Business To The Ground”
EntreProgrammers are joined by Adrian Rosebrock from pyimagesearch.
Derick asks Adrian how he was able to make his kickstarter campaign
successful. Adrian explains what his blog and business are
about. 
Adrian explains that the first two days are early signs of the
success of your campaign. Adrian mentions he aimed to raise just
below the full funding. Adrian shares how to get funded faster, as
far as providing tons of value.  Adrian talks about reverse
engineering the campaign to reach his funding goal. 
Derick ask what was the criteria and the goals. Adrian talks
about the early bird backers and the different tiers
pricing. 
Josh asked how the 25 dollar tier worked for the subscription.
Adrian continues with a launch plan and email.
Chuck talks a bit about the past kickstarter he did, and ask if
a previous semi- failed kickstarter would hurt future campaigns.
Derick talk 
Derick ask about validation and pricing of the tiers. Adrian
explains the tier pricing. Adrian talks about advertising and
creating validation. Adrian talks about reaching out to your list
and do some researching before jumping into a kickstarter
campaign. 
Derick mentions he might be interested in doing a kickstarter in
the near future, for additional work. Derick talks about his plans
for the campaign.  Adrian shares more about tactics for
validation from your audience. 
Derick shares his ideas with the e-book.  Chuck ask what
Adrian’s other marketing his has done before the
kickstarter. 
Chuck shares that his ebook, along with a course would make a
lot of sense. This leads Chuck to thinking about doing a
kickstarter campaign as well. EntreProgrammers and Adrian discuss
annoying emails.
John talks about testing his confidence on the beach. Based on
what people were asking about when he speaks of confidence. John
talks about getting an email from an organization call women in
tech.
Chuck ask about implementing video along with a kickstarter
campiagn. Chuck wants to know how important this type of media is
to the platform.   John talks about being authentic and loose
in front of the video camera.
Derick mentions that he just got his Slack channel started and
has a few people on the channel. Derick shared his short story to
get people on the Slack channel. Derick says he is still manually
getting people on Slack. Derick explains why he chose Slack for a
forum type platform. 
Derick says he wants to some type of automated system to notify
people about engagement in Slack. Derick shares his ideas on what
the official cut off will be for the Slack channel.
Chuck talks about using MemberPress. Derick talks about
killing his monthly subscription on May 1st and only go to the
annual model. Derick talks about matching the value proposition, to
the price, is a big job as he make the changes. 
John mentions that it is good that Derick has a date set for
implementing all the changes. John mentions that they hit a new
milestone with product sales. Over 10K! Josh talks about where the
sales are coming from as far as the funnels. Josh talks about
issues with paragraph space in Thrive. 
 
John mentions that Josh’s copy is doing great for the “10 Steps
Course…” Derick mentions that his evergreen funnel is still doing
great for the the RabbitMQ bundle. 
Josh talks about his Sublime list. Derick ask why he has not
sold it to Wes. Josh mentions that it is costing him 500 dollars a
month to keep in running. Josh look into how many people are
actually opening the sublime emails. Josh talks about maybe doing
some small projects or products. 
John says to drop the list in the the Panko Machine to hit
milestone one. EntreProgarmmers suggests that Josh should get rid
of the Sublime list. Josh is not comfortable with giving the
sublime list to Simple Programmer, because he thinks it’s spamming.
John suggests sending an email out to tell his list that he is now
a partner to Simple Programmer, so it is not spamming. 
Adrian agrees the that dropping the list into another campaign
might get Simple Programmer black listed. Also, he should only
worry about getting to the 49 percent ownership of Simple
Programmer.  Josh has a lot of thinking to do about what to do
with the list. 
Chuck talks about the Freelancer episode 150, and how he and
Mandy had a conversations on air about their work contract. Chuck
might now pay her a fix rate to take on more responsibility. 
The Entreprogarmmers have questions about the involvement in the
hiring process for projects in his business. 
John suggests to Chuck to start from scratch at see what he
needs and does not need in his business. The EntreProgrammers talk
about ways to help Chuck sort out the work responsibility with
Mandy. 
Thoughts for the Week
Derick - Some times you need to get that other
perspective. 
Josh - Is this something you want to be doing in five years
John -  You are never done! 
Adrian - Set traumatic life changing goals.