Here are my three biggest takeaways from this great episode: [10:17] The biggest bottleneck for beginners is usually: you need to do MORE (to generate more monthly income) - BUT keep in mind that if your 10k/month come from a duck-taped mix of different income streams (Freelancing, Notion templates, AirBnB, etc) you CANNOT scale that [28:55] While most people think of growth as constant growth, what it usually is is growing and then pausing for a while (and cleaning up what just happened) - because businesses at 10k operate way more differently than at 50k or 100k [34:00] When you are just selling information(like a book), it should be lower-ticket. But if you are selling the implementation (paired with accountability) you would go for a high-ticket offer
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[ :15 ] "if you want to learn more about yourself, don't go on a backpacking tour through Europe. Start a side hustle because the bottleneck of that side hustle is going to be your personal growth and your skills" - DB. BOOM, my biggest takeaway right there💥talk about a good hook 👏🏻
Biggest takeaways (as someone in the 0-10k category): Bottlenecks for 0-10K: - Find 1 specific thing to sell to someone before scaling: mis-aligning the business with an assortment of income streams pulls away from the goal: Monthly Recurring Revenue and long term sustainable growth (loved the discussion of promotion spikes vs. business) - Stage of experimentation: try different things to find what resonates and what people will buy - Key here is eyeballs: present to more people so they get to know your services - doesn't take that many people to get to 10k Thank you both for the fantastic video!
Such a great video! My biggest takeaways: *#1: Slog - Solve - Scale* ➡Spend 1 - 3 months trying to find out what the bottleneck is and how to fix it. ➡Spend 1 - 2 weeks building the solution. ➡Spend 1 - 3 months fixing what broke when you scaled. *#2: 4 Ways To Solve Revenue-Related Bottlenecks* 👉 More leads 👉 Better conversion rates 👉 Tighter operations 👉 New product *#3: What To Focus On At Each Stage* 🎯$0 - $10K: focus on finding one thing that you can scale that generates $10K per month (not 5 things or 7 things) 🎯$10K - $20k: get in front of more people + improve the product. 🎯$20k - $50k: get in front of more people + improve the product. 🎯$50k - $100k: increase conversion rates. 🎯$100k - $200k: increase conversion rates + add an additional product. 🎯$200k - $500k: how can YOU stop being the bottleneck? *#4: How To Double Your Monthly Run Rate* ✅Ask what do I need to do to double my monthly run rate? ✅Brain dump your answers. ✅What’s the easiest + most impactful thing you can do right now? ✅Go do that ONE thing. *THIS WAS PURE GOLD* ⭐Until you have a decent amount of current customers there’s no point building something else. ⭐Every decision in your business comes down to how much you make per month. ⭐Give people an insane amount of value at a laughably low price. ⭐Each level will require you to evolve and change the way you think and show up both personally and professionally. ⭐Take the thing that you think is most valuable and make it your most accessible thing. ⭐Take your high ticket thing and package it into your low ticket thing, take your low ticket thing and make it free.
The #1 value add that you both bring is the ability to iterate, fix the bottleneck, and grow. Thinking of the March 22 cohort to now it makes total sense how the $ numbers improved because the value you provided was such an upgrade each step of the way. Even with Captains Table from then to now is in a different stratosphere. Long form hour long plus videos WHICH WERE GREAT but that's completely different from the clear structure and curriculum now. Then you weren't satisfied with the different mini cohorts and removed friction with the idea file. I've never seen anyone do what you both have done consistently in a year. Even how casually you both talk about 0-10k then 10-50k/month is helpful because it's clearly showing this is how we do things, this is the progression, this is how you do it. And you're transparent the whole time. Love it
Another great episode. 🔥 My 3 biggest takeaways: - [6:06] Recognising the bottleneck on both a business and personal level as THE thing to focus on without distraction. - [34:00] Selling information vs selling implementation will change what you can charge. This is especially true when you look at information/implementation that can be tied to a financial outcome. - [45:58] Don’t solve the problems that you’re not facing just yet. Look at your current bottlenecks, stack rank all the ways you could solve them, then go do the one that will be easiest to implement.
What a great episode. Pretty soon you might find yourselves Strategy Advisor(s) for Internet Business. These "behind the scenes" on operations and overall strategy are pure gold.
Thanks for this open discussion of your progress and bottlenecks. A lot to learn here. For me the last 4-5 minutes were the most impactful. As I head into creating my first email course this week as a prelude to a product, I realize that I can’t imagine yet what the outcomes will look like, and that will stop me cold if I let it. Saying “trust the process“ isn’t quite enough. More knowledge and learning isn’t quite enough. I would appreciate more discussion of how to change your thinking and beliefs to make this initial breakthrough easier, both here on RUclips, and in Captain’s table.
When we talk about 0 to 10K, to the point that was discussed, you need to be doing a range of different things at $0 to find out which one is going to stick and then scale. What you really need to be doing from all of those different things is trying to get each of those to $10k in their own right. This will then give you an understanding of which one will have the potential to scale, but also provided the insight as to which one will have the lowest friction or effort. All that you’ll be most passionate about to then scale. It beyond $10k
Here are the three biggest takeaways (I'm big on mindset shifts) from this wonderful episode: [45:00] If you want to learn more about yourself, don't go on a backpacking tour through Europe; start a side hustle. The bottleneck of that side hustle is going to be your personal growth and your skills. You'll learn more in the first month of trying to sell something to someone than you will backpacking in Croatia. [26:49] Growth isn't constant. It's better to grow and then pause to clean up what just happened because businesses at different revenue levels (20k, 50k, 100k per month) are different. If you don't take the time to pause and crystallize the new level you're at, it either falls apart or you jump to the next level without understanding the levers that got you there. [34:17] When selling information, it has to be lower ticket. But if you're selling accountability or guaranteeing an outcome (especially a financial outcome), you can charge more. Ship 30 provides accountability and education, so it can be an $800 product, but it doesn't guarantee a specific financial or career outcome.
Meanwhile, PGA is definitely an implementation of all the knowledge base that's provided in Ship 30, CT and FSW. I'm enrolled in all three. I wish I'd have invested in PGA right away because when I watched module 0, I realized it's exactly what I was looking for. Hopefully, very soon... Fingers crossed!
Biggest takeaways: I love the "you duct tape together" what makes our income. And I love the "you can't scale" it when you do a bunch of different things. I also loved how you say info products are lower priced because it's just info... and that high priced products go for the end results. And I loved what you said about improving the product until a 50K. Also, I think I know what you did here. You used tips, mistakes and examples. :D Awesome!
Thanks for sharing your journey and taking us behind the scenes of not just your business growth but the mindset and personal development that facilitated that growth. The biggest challenge I face in getting to $10k is actually what to focus on sustainably. I know how to do quite a number of things well but growing them as income streams sustainably is what has been the challenge. Thanks for all you do
Let's hear about the initiatives that failed or were ditched for one reason or another. Why did you prioritize them? How did they perform? What was the turning point? How did you feel? What did you learn? What steps did you take to course correct? And how did it impact your future approach to new ideas?
My biggest takeaway is "you just need to do more". I've got the one thing. But I need to make more noise to create clients, which is why I stumbled upon you guys. My second takeaways is asking: "How can I create an insane amount of value at a laughable low price?"
So many takeaways: How do i build things where I'm not the bottleneck? Confronting your skills, beliefs or character traits helps you address your obstacles. Even if something is working, it still might not be the right option for you. But...the relationship you have with yourself. If you are willing to change and evolve you can be wildly successful.
2 big takeaways - #1 - Information leading to financial outcome is more valuable than information with non-financial outcome #2 - While Growing a business - You are looking for a new run-rate NOT a new spike.
Key takeaways: 1. Bottleneck analysis is a useful tool for identifying and solving problems in business. 2. Growth spurts often require a period of optimization to clean up the mess created by the growth. 3. Hard skills and soft skills are both necessary for solving bottlenecks. Counter arguments: 1. It can be difficult to identify the bottleneck. 2. It can be difficult to overcome the fear of doing something new and uncomfortable.
Could the next product for you both be a certified ship 30 for 30 Coaching course where those who has come through your entire program at all, the different increment levels are now eligible to become certified coaches. You could do this in two ways, where instead of them buying the certification from you. They become your leverage to expand, because now they can run the different courses for you. Those certified coaches convene be running their own cohorts inside of your business. But because these coaches are global - they could run those cohorts in local time zones, giving you more global reach, and even running them in person. An alternative of this business model could be that you license or franchise it to those certified coaches and then give them the business model to scale the own business under your system.
Here are my three biggest takeaways from this great episode:
[10:17] The biggest bottleneck for beginners is usually: you need to do MORE (to generate more monthly income) - BUT keep in mind that if your 10k/month come from a duck-taped mix of different income streams (Freelancing, Notion templates, AirBnB, etc) you CANNOT scale that
[28:55] While most people think of growth as constant growth, what it usually is is growing and then pausing for a while (and cleaning up what just happened) - because businesses at 10k operate way more differently than at 50k or 100k
[34:00] When you are just selling information(like a book), it should be lower-ticket. But if you are selling the implementation (paired with accountability) you would go for a high-ticket offer
Thanks for writing these up, David!
@@dickiebush77 Anytime :) And thank you for letting us learn from your experiences!
Congratulations, you’ve won a free seat onboard Ship 30’s July cohort! Please shoot us an email to hello@ship30for30.com with this comment as a screenshot and we will get you enrolled!
underrated content bro. New subscriber keep it up
Thanks for watching my dude, back at you 🫡
[ :15 ] "if you want to learn more about yourself, don't go on a backpacking tour through Europe. Start a side hustle because the bottleneck of that side hustle is going to be your personal growth and your skills" - DB.
BOOM, my biggest takeaway right there💥talk about a good hook 👏🏻
Biggest takeaways (as someone in the 0-10k category):
Bottlenecks for 0-10K:
- Find 1 specific thing to sell to someone before scaling: mis-aligning the business with an assortment of income streams pulls away from the goal: Monthly Recurring Revenue and long term sustainable growth (loved the discussion of promotion spikes vs. business)
- Stage of experimentation: try different things to find what resonates and what people will buy
- Key here is eyeballs: present to more people so they get to know your services - doesn't take that many people to get to 10k
Thank you both for the fantastic video!
Thanks for watching John!
Such a great video!
My biggest takeaways:
*#1: Slog - Solve - Scale*
➡Spend 1 - 3 months trying to find out what the bottleneck is and how to fix it.
➡Spend 1 - 2 weeks building the solution.
➡Spend 1 - 3 months fixing what broke when you scaled.
*#2: 4 Ways To Solve Revenue-Related Bottlenecks*
👉 More leads
👉 Better conversion rates
👉 Tighter operations
👉 New product
*#3: What To Focus On At Each Stage*
🎯$0 - $10K: focus on finding one thing that you can scale that generates $10K per month (not 5 things or 7 things)
🎯$10K - $20k: get in front of more people + improve the product.
🎯$20k - $50k: get in front of more people + improve the product.
🎯$50k - $100k: increase conversion rates.
🎯$100k - $200k: increase conversion rates + add an additional product.
🎯$200k - $500k: how can YOU stop being the bottleneck?
*#4: How To Double Your Monthly Run Rate*
✅Ask what do I need to do to double my monthly run rate?
✅Brain dump your answers.
✅What’s the easiest + most impactful thing you can do right now?
✅Go do that ONE thing.
*THIS WAS PURE GOLD*
⭐Until you have a decent amount of current customers there’s no point building something else.
⭐Every decision in your business comes down to how much you make per month.
⭐Give people an insane amount of value at a laughably low price.
⭐Each level will require you to evolve and change the way you think and show up both personally and professionally.
⭐Take the thing that you think is most valuable and make it your most accessible thing.
⭐Take your high ticket thing and package it into your low ticket thing, take your low ticket thing and make it free.
The #1 value add that you both bring is the ability to iterate, fix the bottleneck, and grow.
Thinking of the March 22 cohort to now it makes total sense how the $ numbers improved because the value you provided was such an upgrade each step of the way.
Even with Captains Table from then to now is in a different stratosphere. Long form hour long plus videos WHICH WERE GREAT but that's completely different from the clear structure and curriculum now.
Then you weren't satisfied with the different mini cohorts and removed friction with the idea file.
I've never seen anyone do what you both have done consistently in a year.
Even how casually you both talk about 0-10k then 10-50k/month is helpful because it's clearly showing this is how we do things, this is the progression, this is how you do it. And you're transparent the whole time.
Love it
Appreciate the kind words man.
Excited to keep on improving!
Another great episode. 🔥
My 3 biggest takeaways:
- [6:06] Recognising the bottleneck on both a business and personal level as THE thing to focus on without distraction.
- [34:00] Selling information vs selling implementation will change what you can charge. This is especially true when you look at information/implementation that can be tied to a financial outcome.
- [45:58] Don’t solve the problems that you’re not facing just yet. Look at your current bottlenecks, stack rank all the ways you could solve them, then go do the one that will be easiest to implement.
What a great episode. Pretty soon you might find yourselves Strategy Advisor(s) for Internet Business. These "behind the scenes" on operations and overall strategy are pure gold.
Chad thanks for watching my man, glad you enjoyed!
Thanks for this open discussion of your progress and bottlenecks. A lot to learn here. For me the last 4-5 minutes were the most impactful. As I head into creating my first email course this week as a prelude to a product, I realize that I can’t imagine yet what the outcomes will look like, and that will stop me cold if I let it. Saying “trust the process“ isn’t quite enough. More knowledge and learning isn’t quite enough. I would appreciate more discussion of how to change your thinking and beliefs to make this initial breakthrough easier, both here on RUclips, and in Captain’s table.
1: Insane amount of value at a laughably low price.
2: Don't solve problems you don't have.
3. You guys are killin it. Rooting for you.
When we talk about 0 to 10K, to the point that was discussed, you need to be doing a range of different things at $0 to find out which one is going to stick and then scale. What you really need to be doing from all of those different things is trying to get each of those to $10k in their own right. This will then give you an understanding of which one will have the potential to scale, but also provided the insight as to which one will have the lowest friction or effort. All that you’ll be most passionate about to then scale. It beyond $10k
Plz do a vid on the 0-10k!
Biggest takeaway for me is to not focus on removing roadblocks or 'scaling' until I hit $10k a month doing a single business line.
Here are the three biggest takeaways (I'm big on mindset shifts) from this wonderful episode:
[45:00] If you want to learn more about yourself, don't go on a backpacking tour through Europe; start a side hustle. The bottleneck of that side hustle is going to be your personal growth and your skills. You'll learn more in the first month of trying to sell something to someone than you will backpacking in Croatia.
[26:49] Growth isn't constant. It's better to grow and then pause to clean up what just happened because businesses at different revenue levels (20k, 50k, 100k per month) are different. If you don't take the time to pause and crystallize the new level you're at, it either falls apart or you jump to the next level without understanding the levers that got you there.
[34:17] When selling information, it has to be lower ticket. But if you're selling accountability or guaranteeing an outcome (especially a financial outcome), you can charge more. Ship 30 provides accountability and education, so it can be an $800 product, but it doesn't guarantee a specific financial or career outcome.
Meanwhile, PGA is definitely an implementation of all the knowledge base that's provided in Ship 30, CT and FSW. I'm enrolled in all three.
I wish I'd have invested in PGA right away because when I watched module 0, I realized it's exactly what I was looking for.
Hopefully, very soon... Fingers crossed!
Biggest takeaways:
I love the "you duct tape together" what makes our income. And I love the "you can't scale" it when you do a bunch of different things.
I also loved how you say info products are lower priced because it's just info... and that high priced products go for the end results.
And I loved what you said about improving the product until a 50K.
Also, I think I know what you did here. You used tips, mistakes and examples. :D Awesome!
Thanks for sharing your journey and taking us behind the scenes of not just your business growth but the mindset and personal development that facilitated that growth.
The biggest challenge I face in getting to $10k is actually what to focus on sustainably.
I know how to do quite a number of things well but growing them as income streams sustainably is what has been the challenge.
Thanks for all you do
Let's hear about the initiatives that failed or were ditched for one reason or another. Why did you prioritize them? How did they perform? What was the turning point? How did you feel? What did you learn? What steps did you take to course correct? And how did it impact your future approach to new ideas?
Most important takeaway is mindset matters so much. I'm a definite for July 23.
Dang, this is gold, thanks guys. Truly appreciated
Pure value. Thanks so much Dickie and Nate!
My biggest takeaway is "you just need to do more". I've got the one thing. But I need to make more noise to create clients, which is why I stumbled upon you guys.
My second takeaways is asking: "How can I create an insane amount of value at a laughable low price?"
So many takeaways:
How do i build things where I'm not the bottleneck?
Confronting your skills, beliefs or character traits helps you address your obstacles.
Even if something is working, it still might not be the right option for you.
But...the relationship you have with yourself. If you are willing to change and evolve you can be wildly successful.
2 big takeaways -
#1 - Information leading to financial outcome is more valuable than information with non-financial outcome
#2 - While Growing a business - You are looking for a new run-rate NOT a new spike.
Thanks for it.
Loved it.
Invaluable insight, as always.
What do you guys mean by "backend offerings" ?
Great Episode as always!
btw, anyone know of a solid editor for long from and shorts? Looking to up our game.
Key takeaways:
1. Bottleneck analysis is a useful tool for identifying and solving problems in business.
2. Growth spurts often require a period of optimization to clean up the mess created by the growth.
3. Hard skills and soft skills are both necessary for solving bottlenecks.
Counter arguments:
1. It can be difficult to identify the bottleneck.
2. It can be difficult to overcome the fear of doing something new and uncomfortable.
Could the next product for you both be a certified ship 30 for 30 Coaching course where those who has come through your entire program at all, the different increment levels are now eligible to become certified coaches.
You could do this in two ways, where instead of them buying the certification from you. They become your leverage to expand, because now they can run the different courses for you. Those certified coaches convene be running their own cohorts inside of your business. But because these coaches are global - they could run those cohorts in local time zones, giving you more global reach, and even running them in person.
An alternative of this business model could be that you license or franchise it to those certified coaches and then give them the business model to scale the own business under your system.
Heavy. Awesome
💪🏽💪🏽💪🏽
Thanks for watching man!
15 mins in and lost count how many times I've said "Facts!"
Gteat episode
i am not saying you are wrong but you have 600 views