Speaker:

In this episode, I'm going to tell you why

Speaker:

your digital course needs to follow the tortoise and not the

Speaker:

hare. Hi, I'm Katie McManus, business strategist and

Speaker:

money mindset coach, and welcome to the Weeniecast.

Speaker:

Tell me if you've been sold this

Speaker:

dream. And now that I've said tell me, I realize that this is a one

Speaker:

way platform and I'm just talking at you and you can't really tell me back,

Speaker:

but if you want to email me, you can. There are so many

Speaker:

business coaches and business gurus out there who are selling a program on how

Speaker:

you can develop and sell a digital course or some kind

Speaker:

of digital product. And they paint this picture of you

Speaker:

creating this thing once, launching it, and then raking in

Speaker:

millions of dollars, and they make it sound so

Speaker:

easy. And for the low price of

Speaker:

$999, you can do it, too.

Speaker:

You can make $100,000 in two months. And like

Speaker:

most people, including myself, I'm sure you've bought one of these

Speaker:

programs before thinking, oh, yeah, that sounds really nice. I would love to do

Speaker:

that. Yeah, you know, I would love to make more money while

Speaker:

spending less time doing work. That is the dream. So you bought the

Speaker:

course and you started it and you probably dropped

Speaker:

off beyond having ADHD and losing interest

Speaker:

or, you know, just not feeling like the right fit for you energetically and

Speaker:

work wise. There was something off. There was

Speaker:

something that just didn't click for you about how this was going to

Speaker:

work and if this happened to you. I

Speaker:

just want to give your intuition a big nod.

Speaker:

Spot on. There are very few programs out there that can

Speaker:

actually help you build a digital product that will

Speaker:

actually sell. And those programs, if you were to sign up for them,

Speaker:

they are tens if not hundreds of thousands of dollars because that's a

Speaker:

ton of work that someone has to do on your behalf.

Speaker:

Like so many of my clients before they started working with me, maybe you

Speaker:

actually did create a digital course. Maybe you created a whole

Speaker:

curriculum and you outlined it and you made the PDF's and you filmed the videos

Speaker:

and you found a place to host them and you put it all together and

Speaker:

launched it to hear crickets and you frantically

Speaker:

scrambled to try to figure out what the went wrong. Was it your

Speaker:

marketing? Was it the course? Was it too long? Was it too

Speaker:

short? Was the pricing right? On and on and on. You probably freaked out

Speaker:

about every single little detail. And now this digital

Speaker:

course is probably sitting on a very dusty theoretical shelf in your

Speaker:

brain and on your hard drive, not helping anyone

Speaker:

and not making you any money. And it's really easy to do

Speaker:

that and have it flop and start making up a story about yourself,

Speaker:

that no one wants to hire you, that you must not be that

Speaker:

good at what you do, that this could be wrong with you and that could

Speaker:

be wrong with you. And there are so many other people out there who are

Speaker:

doing the same thing as you, and they're probably just better at it than you.

Speaker:

I have a no b's reality check for you right now, and it's that none

Speaker:

of that is true. You just got sold a bill of goods like

Speaker:

so many of us. You cannot start

Speaker:

off selling a digital product that helps people. I

Speaker:

get the desire. I understand how

Speaker:

alluring the idea is that you could create this thing and it'll just generate

Speaker:

money for you without you having to do a ton of work. That is the

Speaker:

dream that most of us are working towards, but it isn't where you

Speaker:

start. When I work with clients and what's extra

Speaker:

frustrating for those of us with ADHD is that we're used to

Speaker:

learning things really quickly. We're used to hearing how

Speaker:

it's done, putting into action, being really good at it, if

Speaker:

not perfect, and then moving on to the next thing, and then the next thing,

Speaker:

and then the next thing. Failing is incredibly hard,

Speaker:

specifically for neurodivergent folks. When we fail,

Speaker:

it activates a whole bunch of rejection, sensitivity,

Speaker:

dysphoria for us, especially when we failed at

Speaker:

something that was public facing, like launching a product

Speaker:

or a service. And it hurts that much more

Speaker:

because not only did it not work out, and not only do you not have

Speaker:

any money coming in, after you spent money on the program that was supposed to

Speaker:

teach you how to do it, after you invested all that time, after you dealt

Speaker:

with all the frustration and trying to figure out all the bits and how they

Speaker:

would work for you, but the reason it didn't work out is

Speaker:

because people saw it and they thought, nah,

Speaker:

I'm good. And there's a whole bunch of meaning you can attach to

Speaker:

that. You can make it all about how you're not smart enough, you're not pretty

Speaker:

enough, you're not thin enough, you're not qualified enough,

Speaker:

this isn't good enough. There are other people doing way better than you,

Speaker:

and that's really hard to deal with. And if you're in that position right

Speaker:

now, I want you to have a ton of grace for yourself because that's a

Speaker:

very painful place to be, and it takes a lot of kindness and

Speaker:

compassion to move you past that stage in your business.

Speaker:

The mindset I want you to have when you're starting your business and as you're

Speaker:

growing your business is to always remember the tortoise and the

Speaker:

hare. That's right. We're getting, we're diving into some fables

Speaker:

today. We all know the story of the tortoise and

Speaker:

the hare. They start a race and the hare

Speaker:

takes off because that's what rabbits do. They're really fast. And

Speaker:

I think the rabbit gets confused or distracted along the way and then also gets

Speaker:

tired and needs a nap and all the things. I think the hare actually had

Speaker:

adhd, but the tortoise just kind of just keeps

Speaker:

plodding along. Doesn't rush, just slow and

Speaker:

steady. The tortoise finishes the race first.

Speaker:

The hare comes in second. The hare is actually also really

Speaker:

stressed out and has had too much caffeine and has called their mom crying

Speaker:

several times because they don't know which direction they're going because it got turned around

Speaker:

at some point on the race course. And they also spent money on a digital

Speaker:

course that was supposed to help them finish the race quicker, and it didn't work

Speaker:

out. Whereas the tortoise was just listening to a podcast the whole

Speaker:

time and just spending time and its thoughts and just continuing

Speaker:

the way it was going to continue. The tortoise probably also got one on one

Speaker:

clients along the way, right? Because, I mean, the tortoise won a marathon.

Speaker:

I'm actually making up that as a marathon. I don't think a tortoise could actually

Speaker:

walk 26 miles. Anyway, if you know different, please

Speaker:

dm me. We need some

Speaker:

tortoise experts to get up in here to correct me on this. Also, I don't

Speaker:

think that the fable is actually based on actual capabilities

Speaker:

of actual animals. Anyway, you get the point of what I'm saying.

Speaker:

Slow and steady wins the race every single

Speaker:

time. I know it's really tempting to try to hack the system.

Speaker:

We're all really into all the hacks these days and to

Speaker:

find the fastest way to the biggest results where you have the most

Speaker:

impact. But that's not usually how it works. I'm currently volunteering

Speaker:

on a political campaign for a local Democrat. She's running for

Speaker:

state representative, and this is her first time running for office.

Speaker:

And literally, we're going door to door, knocking on doors,

Speaker:

introducing her to the constituents and her district

Speaker:

if she wins, covers seven towns. And let me tell you

Speaker:

about this candidate. She's incredible. She's worked

Speaker:

in homelessness prevention for decades. She's

Speaker:

been super involved in her community. She gets on stage and

Speaker:

she connects with each and every audience member. She's an incredible

Speaker:

speaker. She has a really great head on her shoulders. She knows when to

Speaker:

ask questions, when she doesn't know the answer to something. I personally

Speaker:

could see her climbing the political ladder and becoming

Speaker:

a much bigger figurehead than what she's going for, but it's

Speaker:

not like she's jumping straight there. She's literally going door to door

Speaker:

in each of these small towns, in these tiny, quaint little neighborhoods,

Speaker:

saying, hi, my name is. But in a much less Eminem kind of

Speaker:

way, more of like a, hi, I'm running for state representative. You know what

Speaker:

I mean? It's

Speaker:

not sexy, but you have to go slow.

Speaker:

The number one goal we have when we start is let's make you

Speaker:

money. Make money, money. Make money, money, money. Make

Speaker:

money, money. Make money, money, money. And I

Speaker:

always tell clients, our fastest path to cash is always

Speaker:

going to be one on one clients. And the reason for this is

Speaker:

because, a, you're not trying to enroll a ton of people

Speaker:

into the same thing on a timeline. That's arbitrary to them.

Speaker:

So, for instance, if you were to launch a group program that starts on

Speaker:

September 1, you have to find the people who are willing to start on

Speaker:

September 1 to sign up for it. Whereas when you're working with someone one on

Speaker:

one, it's on their timeline. They can start when they're ready. And if they're

Speaker:

ready now, they can start now. One on one clients know that they're going to

Speaker:

get a higher level of service from you because they're going to get that one

Speaker:

on one attention as well. And because they're going to get that one on one

Speaker:

attention, they're going to get customization that they wouldn't be able to get in a

Speaker:

digital course or in a group. After you've developed your one on

Speaker:

one book of business and you have several one on one clients that are

Speaker:

paying the bills every month, then you can move on to

Speaker:

developing a group program. And you want to start with the group program

Speaker:

first before you move to the digital product, because this is where you are going

Speaker:

to trial and error, all the things that go into the digital

Speaker:

product. Now, having worked with a whole bunch of one on one

Speaker:

clients, you're going to look for, what is the common problem here? What is the

Speaker:

thing that all of my clients seem to struggle with, and how do

Speaker:

I train them out of it? And you're going to develop your whole group program

Speaker:

around this one thing. And you're going to run that group program multiple

Speaker:

times, you're going to relaunch it and you're going to iterate it and you're going

Speaker:

to change it. And to give you some behind the scenes, this is exactly how

Speaker:

I've grown my business. I built my business solely with one on

Speaker:

one clients until I got to the point where I realized, oh, there are some

Speaker:

parts of what I do with clients that everyone needs.

Speaker:

And I could absolutely roll this out as a group program.

Speaker:

And as you've probably listened to this podcast before and heard me talk

Speaker:

about BYOB, the build your own business group program, that was not its first

Speaker:

inception. Earlier on, I actually rolled out

Speaker:

different portions of that program in a standalone

Speaker:

fashion. So like holistic selling, which is my model for how to sell, it's very

Speaker:

consultative, it's not manipulative, it's very based on helping the

Speaker:

person in front of you. I actually ran that as a

Speaker:

standalone group training multiple times before

Speaker:

I dialed in what that training would be, empathetic

Speaker:

marketing, another portion of BYOB. I did that multiple

Speaker:

times, again with different groups, all on its own, so that I could

Speaker:

really understand, like was the material helpful, who

Speaker:

was the best client for it. And throughout this process,

Speaker:

I realized that to do holistic selling well, you had to understand your

Speaker:

ideal client. So that was a big part of what I needed to incorporate

Speaker:

and build your own business through doing empathetic marketing. Again, I realized

Speaker:

you have to have a deep understanding of your niche. And running

Speaker:

these two independent programs, I realized how they needed to

Speaker:

feed into each other. And I probably ran eight different

Speaker:

short small group programs before I

Speaker:

came up with the build your own business model that would help

Speaker:

people start their businesses and start to scale them. And

Speaker:

even then, my first iteration of BYOB

Speaker:

no longer exists. It started off as a six month program

Speaker:

and it has evolved into a two year support

Speaker:

community. If people so choose where I've broken down

Speaker:

exactly what you need to start with to start your business and start getting high

Speaker:

paying clients. And then you can graduate into an advanced version

Speaker:

of it where you can learn how to do all of the fundamental things that

Speaker:

will help your business kind of run in the background while you do the things

Speaker:

that you love. And I've been at this for six and a half years now.

Speaker:

And while yes, there is a digital format of BYOB,

Speaker:

there are training videos and all that stuff, I'm nowhere near turning this into a

Speaker:

digital course. I share this with you because I want you to really understand the

Speaker:

amount of time that it takes to verify an

Speaker:

idea, the amount of time it takes to understand

Speaker:

what works in a group format, what works in a video training,

Speaker:

and where you're going to have to augment your

Speaker:

delivery. It doesn't happen overnight. And this is why you

Speaker:

cannot start with a digital course. You have to trial it with your one on

Speaker:

one clients, and then you have to trial it with a group program, and

Speaker:

eventually you are going to evolve it into a digital course.

Speaker:

But at that point, you have a verified

Speaker:

idea, you have a verified audience, you've done the market check. You know

Speaker:

that there are people out there buying what you're selling.

Speaker:

So you're probably listening to this and thinking, but Katie, I've heard of so

Speaker:

and so who said that they quit their job and they started

Speaker:

this course and they launched it and they made

Speaker:

$200,000 in the first few months. And then they did this and they did

Speaker:

this and they're selling a course on how I

Speaker:

can do the same thing. Why are you saying that that won't work for

Speaker:

me now? I'm not saying that it's 100% not going to.

Speaker:

There are exceptions to every rule. But the chances

Speaker:

of you creating a digital course that is actually going

Speaker:

to sell and make you hundreds of thousands of dollars without

Speaker:

building it off of what one on one clients want from you, and what you're

Speaker:

teaching in a group program is extremely low.

Speaker:

And if you're independently wealthy and you don't have to worry about paying the bills

Speaker:

and this is just something that you're doing for fun, then you know what? Knock

Speaker:

your socks off. Go for it. Have fun. Try it and

Speaker:

see if it works. But if you're independently wealthy, it doesn't really matter if it

Speaker:

fails, which it likely will. But if you're like the rest of us

Speaker:

and have bills to pay and a dog to buy, really

Speaker:

expensive treats for, and maybe a small, small book

Speaker:

buying habits that you have to support, then that's not going to be

Speaker:

the best course. And even for those of you who start a one on

Speaker:

one coaching business or consulting business or whatever, know

Speaker:

that when you launch a group program, 50% of them will fail.

Speaker:

Even after you've done a market research check, even

Speaker:

after you have, like, gauged it with your audience.

Speaker:

There's so many factors that go into you having a

Speaker:

successful launch of a group. You know how many followers you have

Speaker:

on social media and how engaged they are. That's a big factor. How

Speaker:

big your email list is and how engaged they are, and

Speaker:

how honed in your email list is on your ideal client. That's

Speaker:

another massive factor. I think we've all been a part of one of those

Speaker:

groups. I think early on in my business, I had a business mentor

Speaker:

who pushed us all to grow our email list,

Speaker:

but didn't give us any guidance on how to do it. And so they're like,

Speaker:

just ask your friends and family. Ask people in this group. Go

Speaker:

to Facebook, say, join my email list. And

Speaker:

we all did it. And we all got a whole bunch of people on our

Speaker:

email list. And let me tell you, there's nothing more disheartening than getting an

Speaker:

email back from your newsletter, from your aunt who's telling you that you shouldn't swear

Speaker:

so much. Like, thank you so much. Great feedback. Not

Speaker:

listening to it. Also, would you like to buy my stuff? No. Okay, cool.

Speaker:

I'm just kidding. I would never ask a family member to join any of my

Speaker:

programs.

Speaker:

These are all things that take time to build. They either

Speaker:

take time or they take a ton of money to

Speaker:

establish quickly. And like I said, if you're a normal human

Speaker:

being who needs to pay the bills and needs to buy the

Speaker:

treats and is buying stuff for whatever hobby

Speaker:

you have, be it reading, woodworking, underwater, basket

Speaker:

weaving, you need to be making money from your business in the interim.

Speaker:

And at the heart of it, you're in this to help actual human

Speaker:

beings. Yes. You want to make money. Yes. You want to make lots

Speaker:

of it. Yes. Like, maybe you want to have private jets and you want to

Speaker:

do all the stuff, but more than that, you genuinely

Speaker:

care about helping people. And if you actually

Speaker:

want to help people, creating a digital course that

Speaker:

no one's going to buy and no one's going to go through and really no

Speaker:

one's going to even ever know about, it's not going to help anyone.

Speaker:

It's actually just going to end up hurting you and your confidence. But working with

Speaker:

clients one on one and holding their hand and walking them

Speaker:

through whatever transformation it is that you help them through, that helps

Speaker:

people. Launching a group program that helps ten to 20

Speaker:

people who are all working on whatever transformation it is that you

Speaker:

help folks with, with, that actually helps people. And the best

Speaker:

part, besides helping people, is that it actually makes you money in the

Speaker:

interim. And depending on what your business is and what your

Speaker:

niche is, let me tell you from experience, you can quite

Speaker:

simply build a $100 to $300,000

Speaker:

a year business, helping people one on one. I've done

Speaker:

it and many of my clients have done it. Does it take work?

Speaker:

Absolutely. But is it fulfilling?

Speaker:

Yeah. Does it actually impact the world?

Speaker:

Yes. And what's cool is that if you do have a dream of

Speaker:

eventually rolling out a digital product, this is the best

Speaker:

place to start, because through your one on one clients, you're going to

Speaker:

verify that whatever problem you'll solve through your

Speaker:

digital course is actually a problem that your clients have.

Speaker:

And in fact, you could probably figure out what is the problem. They had two

Speaker:

steps before, before becoming my client, so that you can capture

Speaker:

people earlier on in the process. And then your digital

Speaker:

course isn't just something that you sell to make money. It's something that you sell

Speaker:

that is also a lead magnet. It attracts people in, and it helps

Speaker:

them with something that you do not work on in your group or your one

Speaker:

on one coaching or consulting. People buy that first,

Speaker:

and they work through it, and then the next logical step will be to

Speaker:

sign up with your group or doing one on one work with you. The key

Speaker:

here is that you have to make sure that your work actually works

Speaker:

for the people who matter, and that's your clients. And I know

Speaker:

it's so easy to build a strategy

Speaker:

around how you want it to work, around this idealized

Speaker:

vision of how other people seem to have done it. And it was so easy

Speaker:

for them, and it's going to be so easy for me, and so I'm going

Speaker:

to do all the same steps, and blah, blah, blah, blah. It's so tempting to

Speaker:

get sucked into that kind of thinking. But just because you want

Speaker:

something to work a certain way does not mean it will. You have to

Speaker:

build your strategy around a realistic

Speaker:

plan. You have to assess what actually works in the

Speaker:

world that we live in and follow that, rather than

Speaker:

how you want it all to look. And if you're ready to get real with

Speaker:

yourself and see, start running your business to

Speaker:

a realistic strategy that is designed

Speaker:

to get you making money as quickly as possible. Working with one on

Speaker:

one clients, evolving yourself into some kind of group

Speaker:

program, and then developing whatever digital course comes

Speaker:

out of that. Then I invite you to book a generate income strategy

Speaker:

call with me. If you're super attached to

Speaker:

how you want things to work and you're hoping that you're going to talk me

Speaker:

out of, oh, but like this, this one time, you're gonna help me with the

Speaker:

digital course first, right? Do not book a call. I don't wanna talk to you.

Speaker:

I know it hurts to. To realize that you've been following this

Speaker:

cult of, oh, it can be super easy, and I'm gonna roll

Speaker:

out a digital course, and it's gonna make me a ton of money. It's really

Speaker:

hard to let go of that thinking. But if you're willing to be brave

Speaker:

and you really want your business to work out, then

Speaker:

you're gonna need to invest in a more realistic way to do things, and

Speaker:

I'd love to help you with that.

Speaker:

Luna, no barking. Come on, please. Oh, no.

Speaker:

Oh, no. Luna, out. Okay. Excuse me while I evict my dog from

Speaker:

the room. Okay, out you go. See you later.

Speaker:

Bye. Anyway,

Speaker:

welcome to my ADHD show, everyone. I hope you're enjoying.

Speaker:

Squirrel. Squirrel, squirrel, squirrel.