Microconf 2019: Takeaways
Overall
It was an incredible experience going to MicroConf. Every person I met was genuinely interested in hearing my story and helping, and every person had their own interesting journey to share. I got so much great advice and information, and here are only some of the top highlights and takeaways for me:
- Your audience is your #1 asset
- Be more vulnerable
- Be open and transparent
- Believe in yourself
- “Helping people will never go out of style” — Christian Genco
- “Starting with failure does not predict your future” — Rob Walling
Christopher Gimmer (@cgimmer) / Snappa
Takeaways:
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Have a plan for acquiring users before launch. He’d learned over time how important this was.
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Leverage your existing audience. I currently have some traction with little memory: I should be able to learn from them!
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Double down on what’s working. Ditto.
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Play the long game. He started in 2012!
Tactical advice/tips:
- Read: Traction
- Read: Lean Customer Development
- Validate the market by checking search volume, use Google Trends, size up competition
- Take an existing blog post and add value to it
- Use cold emails to talk with audience
Abi Noda (@abi) / Pull Panda (formerly Pull Reminders)
Takeaways:
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Remember to BELIEVE IN YOURSELF
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Being a solo entrepreneur is emotionally hard: be sure to setup support systems for yourself
Omar Zenhom (@TheOmarZenhom) / WebinarNinja
Takeaways:
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Sometimes, you need to create a bad product to create a good one. Different strategies and tactics are useful depending on where you are in your path. A “bad product” is just a stepping stone to the next thing.
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Relationships are your biggest asset. I can build and grow my audience one person at a time.
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This is supposed to be hard. It’s OK to ask for help. To succeed and move forward, I have to become someone else: I can become something better.
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Your difference is your power. I’m different. I’m not like any other entrepreneur I know.
Tactical advice/tips:
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Stay in touch with 5 people/week
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Make at least 1 intro/week
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Try this for 12 weeks
Laura Lopuch (@waitingtoberead)
Takeaways:
- The email subject line’s job: OPEN THIS EMAIL
- Clarity > Clever. “A confused mind doesn’t buy.”
- Each line of your email has your reader saying YES.
Patrick Campbell (@Patticus) / Profitwell
Takeaways:
- Pricing = exchange rate on the value you’re creating
- FOCUS ON: What customers VALUE (not necessarily what customers WANT)
- State of consumer world:
- Customer acquisition is expensive
- Value (perceived) is lower than before (and getting worse)
- Customers are ungrateful
Asia Matos (@AsiaMatos) / DemandMaven
Takeaways:
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Focus on the Bottom of the Funnel first. Lay the foundation, make it solid. You don’t know who they are until they convert. Start with their INTENT.
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Can break down marketing strategies into one of these:
- Owned
- Earned
- Paid: be careful of Paid Media Addiction!
- Do research:
- Market research
- Competitive research
- Prospect research
- User research
- Do analysis:
- Current state of acquisition funnel
- Best prospect and customer behaviors
- Build BOFU tests
Tactical advice/tips:
- Ask customers questions about:
- What they were doing before they searched for your product
- Where they looked; how they found you
- How much time they spent in other channels
- Favorite sources of information / content
- Who they compared you to
- What would have prevented them from signing up
- How do they feel when using your product
The 2019 Winner for Best Business Card: LunarLincoln