Courses, VIP days, retainers, digital products- oh my!
If your offer suite feels more like a jigsaw puzzle than a business strategy, this episode is for you.
I’m joined by Maggie Patterson, creator of BS-Free Business®, author of Staying Solo®, and host of three podcasts, to talk about what service providers really need in their offer suite to build a profitable, simple, and sustainable business. No hustling required.
We get into:
If your offers feel like they’re running you instead of the other way around, this convo is your permission slip to rethink it all.
Mentioned In This Episode:
Grab Maggie’s Book (seriously, it'll change your life): www.stayingsolobook.com
Listen to the Staying Solo Podcast www.bsfreebusiness.com/solo
Get Access to Staying Solo Stories (Private Podcast): ww.bsfreebusiness.com/sydney (This one’s full of behind-the-scenes stories from real solo business owners building businesses that actually fit their lives.)
Check out Duped: The Dark Side Of Online Business: https://duped.online/
Sydney (she/her) (2): Do you ever
feel like, , everyone is telling you
2
:to scale and hustle harder and build
an empire when all you really want is
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:a business that pays well and still
lets you pick up your kid from school?
4
:Because same.
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:And that is why I could not wait
to interview Maggie Patterson.
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:Maggie is the creator of BS Free
business and the author of Staying Solo,
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:which is a book I absolutely devoured,
by the way, you have to read it.
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:,
, Sydney (she/her): Maggie hosts two podcasts, staying solo and
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:Confessions of a micro agency owner,
and she also co-hosts the Consumer
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:Advocacy Podcast called Duped
the Dark Side of Online Business.
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:And if you have listened to any of
those, you know she's a powerhouse
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:when it comes to calling out toxic
marketing and building a business
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:rooted in actual integrity.
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:Sydney (she/her) (2): With 20 plus
years experience as a client-based
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:business owner, Maggie, helps service
providers build what she calls a boring
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:business, AKA profitable, sustainable,
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:And not built on chronic hustle.
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:She's one of the most honest, grounded
voices in the industry, and I am so
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:excited for you to hear this conversation.
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:Sydney (she/her): Maggie, for people that
don't know you, can you tell us a little
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:bit about your background and what you do?
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:Maggie Patterson (She/Her): So I actually
started my business 20 years ago and
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:it's had lots of twists and turns.
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:My background's in communications.
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:Um, I've done a lot of business
consulting over the years, and now I
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:run a company called BS Free Business.
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:I work with small business owners that
run service businesses, so they're
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:typically solo, like true solo business
owners doing consulting or creative work.
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:And then I also work with, um, some very
small, like what I call Mike Micro Agency.
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:So they're generally creatives
or professional service
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:providers that have a small team.
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:Sydney (she/her): Nice.
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:And what made you want to
work with solopreneurs?
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:Maggie Patterson (She/Her): You know, it's
one of those things that I think there's a
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:couple things is that's how I started out.
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:Like I do have a team now, but the
majority of my clients are still
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:solo service business owners.
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:It is a really underserved market.
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:And um, you know, I know you've
been reading the book, I talk
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:about this a lot in the book, is
that like 80% of businesses in the
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:US or one person businesses yet
traditional entrepreneurship advice
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:is very, very much about like.
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:Shark tank level or having a brick
and mortar when the reality is most
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:businesses are one person, and most
businesses are service business owners.
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:And what I've really, really found is, um.
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:That's a really hard place to be
when you are, especially if you're
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:on, you know, in the internet,
on the online business world.
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:Like you start to feel less
than, you start to feel like
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:your business isn't legitimate.
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:Like, I have to grow, I have to
buy this really expensive coaching.
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:I have to do all these things.
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:So I want to be like the antidote
to that messaging to be like,
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:Hey, this is a legitimate choice.
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:It's what the majority of business
owners do, and like, let's talk about
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:how to make sure that you are not falling
into traps of burnout or not paying
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:yourselves or those types of things.
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:Sydney (she/her): I really love
that because it is so easy to
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:get caught up in those like the.
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:Bigger, , marketing messages around that
like grow and scale, which is all like
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:really great, but it's not super doable
for small teams or like solopreneurs.
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:And I feel like a lot of it is also
kind of misleading the way people make
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:certain claims about the , successes
they have had in online businesses.
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:So I have.
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:Been really enjoying your book and
the way it talks about all of that.
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:So highly recommend for anyone listening.
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:And you also mentioned in the
book that online business world
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:has gotten kind of culty which I
found to be really interesting.
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:Could you talk about
that for just a minute?
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:Maggie Patterson (She/Her): Yeah,
I mean I talk about this all
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:the time, but I'm always like.
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:sorry, I wish it wasn't this way.
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:But what we really see is, you know,
the same way we would see with like
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:multi-level marketing companies, or
we see in traditional cults we see a
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:lot of marketing and sales tactics,
influence tactics being used in a
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:way that is designed to shut down
your critical thinking, to convince
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:you this person has the answers
and essentially take your money.
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:And like something that we
would traditionally label as a.
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:Scam.
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:Like, you know, you've got some
friend who's selling some crypto
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:thing and you're like, oh no, no.
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:Um, we look at this a little
bit differently because business
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:owners are hardwired to be hopeful.
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:We are optimists like we are
like, Hey, I'm gonna be out here.
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:I'm gonna make my own way.
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:So we think, well, why couldn't it be me?
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:Why couldn't I make the all the money?
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:And we get really lulled
into this sense of, um.
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:That they have answers, that we
don't have answers, and the cultiness
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:comes in in terms of some of the
financial abuses that happen.
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:I hear these stories all the time and
it's, it's really way more prevalent.
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:Um, the commitment, the
way they want you to.
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:Do things you wouldn't normally do.
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:Like it's sometimes it's as simple
as a, something less culty, but
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:not a cult, per se, is you have
a business coach that's like, but
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:this is the only one way to do it.
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:Like there's one source of truth.
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:And that to me is where we have
to think like, Hey, you know what?
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:It's actually more nuanced than that.
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:I need more context.
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:I need to take in other things.
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:I need to think critically about
what's gonna work best for me.
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:And I think one of the things like
I know your audience is moms, um.
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:whether you're a mom or you're
neurodivergent or you're caring for,
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:you know, elderly parents, you are very
capacity conscious and a lot of the
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:business advice is not built for you.
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:And then when you combine it with
the culty part of it, that's where
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:it gets really messy and people start
to feel really bad about being able
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:to make money the way they've made
money and like, it's just not good.
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:Sydney (she/her): So I feel like, and
I, you've talked about this as well in
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:your book and also on your podcast that
I've also been listening to the, there's
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:kind of like these trends in offers
as well, like funnels and then courses
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:and then memberships and like this
promise of like scaling your business.
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:Is there a better way that people
with less capacity, like moms,
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:caregivers, neurodivergent people,
should be kind of focusing their
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:efforts when it comes to their
offers and building their businesses.
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:Maggie Patterson (She/Her): So this is
a really, really good question, and I
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:think the simplest answer is so many
of the things you just listed off, like
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:memberships and courses, they're not bad.
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:But they're not as simple
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:Sydney (she/her): Mm-hmm.
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:Maggie Patterson (She/Her): out to be.
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:And this is why I'm very pro services
like, you know, I think those offers can
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:be great if you have an audience, but
we don't talk about all the marketing
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:it takes to fill those things up.
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:They're like, create your membership.
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:You'll get a thousand members.
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:That's like a thousand Who,
like where are those people?
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:Where are we
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:Sydney (she/her): Right.
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:Maggie Patterson (She/Her): from?
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:It makes no sense.
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:So, you know, for most people.
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:Sticking to services and being
really, really mindful about
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:like, what are my boundaries?
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:How many clients can I take on?
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:How do I communicate upfront
that this is how I work?
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:Maybe I don't jump, have
weekly calls with my clients.
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:You have a permission to slip
as a business owner to create
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:the business in a way that is
going to work for your real life.
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:And I always say to my clients
like, is that like they'll
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:tell me something, I'll go.
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:Is that gonna actually work
like for your actual life?
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:'cause you just finished telling me what
a train wreck all these things were like
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:because real life is happening around you.
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:So you know, if it's not working
for your real life, it's not
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:gonna work in your business.
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:Like, you just need to
be very, very honest.
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:And I mean, I've been through this
when I started my business, you
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:know, my son was home for quite some
time, then I had part-time daycare.
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:Then I had, you know, school hours.
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:I've gone through deaths of parents
caregiving, dealing with my own health.
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:Like there's always going to be things
in your life that are impacting your
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:capacity and you have to account
for them, and you cannot schedule
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:every single hour you have available
for work to do actual client work.
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:It just doesn't work that way.
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:Sydney (she/her): Right.
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:I love that you mentioned that.
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:I feel like it's very easy,
especially when now we're
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:existing so much and like the on.
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:Line world and seeing all of
these oh, you can have what I
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:have type of marketing posts.
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:It's very easy to get caught up
in that and then realize, no,
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:I, that's not gonna work for me.
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:I can't quite have that.
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:Especially when you mention like
filling those memberships, which
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:would be lovely to have all the
thousand people, but I think it.
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:It's pretty eye-opening when I
talk to people, when I talk to
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:them specifically about Instagram.
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:'cause that's what I
do Instagram marketing.
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:But talking about like the realistic
conversion rates of that, I'm like,
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:not every single follower is gonna buy.
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:It's like a very, very small percentage.
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:And even for like email,
it's pretty small.
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:I think we need to have some
realistic expectations there.
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:Both as business owners, but also
when we kind of consume marketing
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:for other services and like
business coaches and all of that.
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:Something to keep in mind for sure.
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:Maggie Patterson (She/Her): I'm glad
that you brought that up because I
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:refer to this as like the , audience
growth grift, because it's this idea
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:of like, it should be so easy, like
every five, 10,000 followers I'll
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:have 10,000 clients and it's like no.
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:The reality is, is probably maybe
like 20 of those people, or like 30 of
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:those people at the most are gonna buy.
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:You have to have the right offer.
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:Like, and I think we like membership's.
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:Such a great example 'cause
it's so hyped up right now.
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:Um.
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:If you have very limited capacity
and you're like, I can only work
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:12 hours a week because it's
when my kids are in preschool.
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:Well, you have to deliver
everything in the membership.
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:You have to do all the marketing.
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:There's the community management.
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:Uh, there's so many elements
we're not thinking about.
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:We're just seeing the path to, oh,
I'm gonna make $10,000 a month.
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:Super easy.
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:Sydney (she/her): Yeah.
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:And then if you don't have enough people
in the membership, it's not not worth
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:it all the time you're putting into it.
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:Yeah.
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:You're not making that money back.
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:Maggie Patterson (She/Her):
Yeah, I mean I've
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:Sydney (she/her): Yeah.
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:Maggie Patterson (She/Her): um, you
know, hope and a dream and I was
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:like, Yeah, no, that's not actually
gonna be profitable at $37 month.
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:Sydney (she/her): exactly.
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:Now, like you said, my
audience is mostly moms.
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:There are people kind of working
in like the, the cracks of the day.
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:'cause a lot of us have like young
kids that are home during the day.
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:What do you think they should actually
be thinking about when building their
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:offer suite with that kind of capacity?
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:Are there like certain offers
that are better than others?
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:Maggie Patterson (She/Her): So, you know,
I think it's a really good question.
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:It's gonna depend on skills, experience,
who your clients are, but I think there's
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:a few things for service providers that we
need to focus on more is number one thing.
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:Generally when people come to me
and it seems really, really simple,
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:and they're like, most service
providers are undercharging.
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:So you're just like, 'cause you
start your business and you're like,
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:okay, I've got 12 hours a week.
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:I'm just gonna kind of cram
it into the pockets of my day.
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:Maybe I'm gonna, you know, takes into
swimming lessons on Saturday morning, I've
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:got that three hours, and you're just kind
of cramming it in and you're like, you're
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:just happy to make anything you can make.
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:Right?
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:And then your pricing is just like, not.
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:Really reflecting your skills, your
talents, your experience, uh, the
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:value you deliver to your clients.
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:So always looking at your pricing
for your offers and not just
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:settling to be like, you know what?
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:Well, this is just easy.
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:Well, you know what?
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:It's better to have two clients
paying you way more money than five
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:clients who are underpaying you.
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:So I think that's the first
thing you always wanna look at.
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:And one of the things I see with
pretty much every service provider
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:is they're giving away a lot of
strategic thinking that needs to be
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:charged for, that needs to be in a
different way than tactical work.
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:So I'll give you an
example with Instagram.
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:Like if you're doing a strategy for
someone, like you're doing an audit,
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:a review, and you're making really,
you know, a content strategy for them,
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:that's very different work than you
sitting down and creating captions or
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:Sydney (she/her): Mm-hmm.
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:Maggie Patterson (She/Her): So when
you think about that, you know, how
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:do you charge accordingly for that?
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:And I call it selling the sell
the strategy, because we tend
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:to merge those all together.
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:And then we put ourselves in this
very executional tactical mode
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:when we're actually doing really
strategic work for our clients.
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:Sydney (she/her): that's
a really great point.
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:Um, so if there are mom business owners,
'cause something I'm hearing a lot
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:from people that I work with who are,
typically service providers as well.
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:They're creating, like a lot of
low ticket like digital products.
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:'cause that's also like
a big thing right now.
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:So they have like lots of those
and they're feeling like really
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:overwhelmed with their offer suites.
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:What do you think the
best way is to simplify?
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:Maggie Patterson (She/Her): Okay.
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:So like digital products, something
you're selling at 37 or 97, like
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:do sit down and do the math.
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:How much time does it take
for me to create this?
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:How much time does it create for
me in marketing it like, and if you
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:look at standard conversion rates,
which you kind of alluded to a couple
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:Sydney (she/her): Hmm.
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:Maggie Patterson (She/Her): ago, we're
talking about one to 3% of your audience.
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:So for every, and that's if
your thing is really dialed in.
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:It's solving a really specific problem.
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:It's, you know, just hitting those
points and people are like, yes, I
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:Sydney (she/her): Yeah.
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:Maggie Patterson (She/Her): So
you've gotta look at, you know.
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:For me to make a thousand dollars at 97,
I've now gotta sell that to 10 people.
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:You know, how much work do I
need to do to make that happen?
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:Or could I have $1,000 a month client?
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:That's way simpler, way less work, and
like way more predictable than trying to.
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:Grind it out.
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:And I think low ticket products are
really, really, really appealing.
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:But they're really hard.
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:Like I have been doing ever.
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:I've done like every type of thing
under the sun over the last 20 years.
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:And I will say those are the hardest for
me to sell and continue to be even with
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:an audience, even with multiple podcasts,
even with all the, you know, podcasts,
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:collaborations, things I do like, I do
a lot of marketing and those are still
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:really challenging to sell because.
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:Some people don't wanna do it themselves.
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:They want you to do it with them
and let those people give you money.
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:Sydney (she/her): I love that perspective.
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:It's something I'm certainly leaning
into more as I'm having these
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:own realizations in my business.
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:Like, man, I'm, I'm doing a lot right now
and need to, need to adjust things so I.
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:Definitely came across your, your book
at like the right time for me personally,
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:and I'm really excited 'cause I know
I've talked to a lot of other business
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:owners that are in the same boat, so
I'm really excited for them to hear this
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:and, and get that information as well.
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:You've also said that complexity
is the enemy of sustainability.
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:So if people right now are
listening and wondering like, if
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:I cut things, will I lose money?
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:Can you.
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:Talk a bit about how doing
less can actually lead to more.
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:Maggie Patterson (She/Her): Okay.
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:It is the classic.
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:80 20 rule.
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:You know, we hear this all the time.
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:of things is not what's
getting us with routes.
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:It's the 20%.
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:So figuring out, like, you know, you
were talking about the low ticket offers.
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:If I have five low ticket offers,
I am now dividing all my focus.
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:I, everything's getting a
little bit of my attention.
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:What if I just had one?
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:And I really, really committed to that.
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:if you have five services.
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:What's the one service
that I know is profitable?
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:I can deliver the capacity I have
that people easily say yes to.
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:It feels, you know, it feels like
it's in the sweet spot of what
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:my clients want and what I wanna
be doing with my time and energy.
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:You know, looking for the simplest
things because we really start to think
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:about like more is better and actually.
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:The simplicity of having less offers
means less marketing, less sales, less
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:cognitive load for you, less decisions.
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:Um, and I think we really.
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:Most entrepreneurs, most
people start businesses.
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:We have lots of ideas.
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:We're very creative.
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:We wanna do all the things.
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:And just learning to have the
discipline to say, you know what?
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:I'm going to, I'm gonna give
this service, I'm gonna give this
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:offer the best possible result.
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:So I'm going to really focus in on that.
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:And what I find when you do That is.
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:That's when things really start to hum
versus being like, oh, you know what?
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:I've got five offers and they're
getting a little bit, and nothing's
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:working really, really well, and I
made two sales here, three sales there,
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:and you're kind of like scraping by.
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:I think being okay with like
short term loss of money for
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:longer term gain is the way to go.
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:Sydney (she/her): That makes a ton
of sense, especially now I'm hearing
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:and seeing people are needing more.
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:Of those like touch points before buying,
so sticking with something longer that
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:you already know is working rather
than constantly switching up would
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:also be helpful in that aspect as well.
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:Maggie Patterson (She/Her): Yeah,
and people are often surprised when
339
:I tell them things like, Hey, my
core offer at BS free business,
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:I've been selling for nine years.
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:And yes, it's shifted and you know,
we've done these little resets and
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:refinements along the way, but the core
of the offer is the same, and that's
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:what I've been able to become known for.
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:Whereas what happens with people
is you are, if you're constantly
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:like, I'm talking about TikTok,
I'm talking Instagram, I'm talking
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:about this, I'm talking about that.
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:Like, it's really hard
for people to keep up.
348
:They're not moving as
fast and it's not sticky.
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:You want to be, you know, like Sydnee,
you wanna be known for Instagram.
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:So if you're all of a sudden like,
Hey, I'm gonna, I'm interested in
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:Pinterest, all of a sudden, like,
you are now diluting your brand and
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:you're doing yourself a disservice.
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:Sydney (she/her): Yeah, that's super true.
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:another thing we see a lot of
on like online marketing is like
355
:this idea of freedom in business.
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:Maggie Patterson (She/Her): Yes.
357
:, Sydney (she/her): But when we
build businesses that kind of like.
358
:Don't give us freedom because we're kind
of adhering to all of these other things
359
:that we talked about with like scaling
and you know, these trending things.
360
:What do you think building true
freedom actually looks like when
361
:you're designing your offers?
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:Maggie Patterson (She/Her):
This is such a good question.
363
:I mean, there's a lot of facets
to this, but I think when
364
:you think about your offers?
365
:the first thing you need to
basically acknowledge is.
366
:And I, I say this
constantly to my clients.
367
:They're like, oh, I
wanna start a bookshop.
368
:I'm like, but do you really like if
you are going to work for yourself, uh,
369
:is this the the best possible version?
370
:I'm not talking about fantasy world
where you're making millions sitting
371
:on the beach, because That's not real.
372
:If I'm going to do work, like, you
know, if I'm a designer and I wanna
373
:be a copywriter, 'cause I used to
do both an agency, like why am I
374
:doing design if I wanna do copy?
375
:Being very, very clear about like,
what are my marketable skills?
376
:Do I wanna be doing this?
377
:That is a really good place to
start because it is really hard
378
:to feel any sense of freedom
when you hate what you're doing.
379
:So, you know, what is the most acceptable
version of work if I have to work?
380
:Because the reality is, is
most of us do have to work.
381
:We are not independently wealthy.
382
:So I think starting there and
then also recognizing freedom
383
:is not necessarily like, I'm not
working, I aren't doing this.
384
:It's like freedom to be
flexible with your schedule.
385
:Freedom to not have to like
respond really quickly.
386
:So it starts with really
little things like boundaries.
387
:Communicating those to your
clients, reinforcing those with
388
:your clients, making sure you're
not over-delivering that, you know,
389
:you're not constantly in scope creep.
390
:Um, and a lot of this is gonna, and I
I'm always reticent to say this, a lot
391
:of this is gonna come down to a lot
of practice and also just the mindset,
392
:like am the owner of my business
and I don't work for my clients.
393
:It's the collaboration.
394
:And that everything is up for negotiation.
395
:And if clients can't respect,
like, Hey, you know what?
396
:I have to leave at three o'clock
to pick up my child from preschool.
397
:not gonna be the right
fit for you as a client.
398
:Sydney (she/her): That's super true.
399
:I love that you mentioned the
small, like bits of freedom, like
400
:being able to take your time,
responding and things like that.
401
:I feel like that's something, uh, kind
of take for granted and or like look
402
:over really as freedom instead of what
we, what I see a lot online being.
403
:On Instagram all the time of like, oh,
I'm making sales from like this resort
404
:while I'm like doing nothing, sitting
by the beach and stuff like that.
405
:It doesn't always look like that.
406
:Maggie Patterson (She/Her):
No, and I think you've gotta
407
:remember that all of that.
408
:is designed to be
409
:Sydney (she/her): Mm-hmm.
410
:Maggie Patterson (She/Her):
They're selling you a dream and
411
:that dream is not a, not real.
412
:Like, I hate to say I have an entire
podcast called Duped, where we go
413
:into all of this because that is a,
a ploy to get you to buy something.
414
:And I think one of the things, you
know, I always think back like my
415
:son's 21 now, but when he was in school
and I would have to adjust my hours.
416
:I would send an email at the beginning
of June and say, Hey everyone, I'm
417
:now moving to my summer schedule, and
that means you may find me working at
418
:non-traditional times, like, I'm not
gonna be working between nine to three.
419
:I might be working at 8:00 PM
Like I will respond to you within.
420
:And I think freedom to communicate those
things and have your clients respect that.
421
:That meant I could go to library,
I could go to the pool, I could
422
:do what I want and not feel like I
was being fractured all the time.
423
:And that.
424
:be very different in different
seasons of your life.
425
:But I think those boundaries there and
communicating 'em really clearly is the
426
:first step to that and is something you
would need to consistently be doing with
427
:Sydney (she/her): Mm-hmm.
428
:I love that you mentioned that.
429
:I literally have like in my email
signature, I might respond outside of
430
:normal working hours, but do not feel the
pressure to respond right away or like
431
:outside your own normal working hours.
432
:Because a lot of the times, yeah, when
my kids are home, I'm like writing emails
433
:at like 9:00 PM and things like that,
but I'd never want other people to feel
434
:like they need to do the same, to like
keep the conversation going or anything.
435
:Maggie Patterson (She/Her): And this
is why I'm a huge fan of Send Later,
436
:Sydney (she/her): Mm.
437
:Maggie Patterson (She/Her): like
I would write things at God knows
438
:what time, and then I'd just be
like, I magically go out at 8:32
439
:Sydney (she/her): Yeah, that's
a really, that's very smart.
440
:I don't know why I never thought
of that, but I'll have to use that.
441
:Maggie Patterson (She/Her): I,
I don't want anyone to think
442
:I'm actually working at nine.
443
:If I, if I was
444
:Sydney (she/her): Yeah,
that's a good point.
445
:Like, don't expect me to stay up
late working on your, your stuff.
446
:Yeah.
447
:Now I also have seen this kind of
belief, , that if we are not like working
448
:on scaling or growing, growing your,
your business is kind of like stagnant.
449
:So what would you say to like
the mom business owners who are.
450
:Hitting their income
goals but not scaling.
451
:I guess I'm just gonna
keep using that term.
452
:Who might feel like she's doing something
wrong because it's not what everyone else
453
:is talking about or doing in business.
454
:Maggie Patterson (She/Her): So I
talk about this a lot in the book,
455
:and I'm sure you've been into that
section by now, but you know, there's
456
:a difference between growth and scale.
457
:And I come, I've, my background's in tech
communications and we talk about tech
458
:companies scaling, like that's true scale.
459
:Like, and what it means to scale
is I am making more and more
460
:and more of my money without.
461
:At Capital Investment, the way scale
is used, and this is, I'm such a words
462
:person, but it annoys me to no end
The way that this is a misused term.
463
:The majority of what businesses
are doing in the online business
464
:realm and what they're talking
about, it's not scale, it's growth.
465
:Number one, is not something that most
businesses are ever going to really
466
:achieve, uh, as a solo business owner.
467
:So if you're making $5,000 a
month and you're like, I'm good.
468
:That's okay.
469
:Like there's nothing wrong with
that because I think the one thing
470
:that happens, you get kind of,
it chips away at you over time.
471
:And the reality is, is like most of your
friends are looking at you going, I'd
472
:like to make $5,000 a month and have
a flexible schedule, or whatever that
473
:number is, and then getting really clear
for you, like, what is that number?
474
:What is enough?
475
:for some people that's might
be a thousand dollars a month.
476
:For some people that
may be $10,000 a month.
477
:It's not about the number.
478
:It's what that number means to you
and your family and for your life.
479
:And there's no magic number that makes you
more or less legit as a business owner.
480
:So I, you know, so many times
I talk to people and they're
481
:like, I'm just making it.
482
:I'm like, do you know you make
more than most business owners?
483
:They're like, what?
484
:Like people have totally lost the plot.
485
:So just know that whatever
you're doing is good enough and
486
:you need to figure out what.
487
:What that enough number is
for you and plan from there.
488
:It's totally normal to wanna
grow, but growing is not doubling
489
:your business every year.
490
:Sometimes it might be, Hey, you know what?
491
:I have a client 10%
less and made 11% more.
492
:That was a win.
493
:Sydney (she/her): Yeah, that's a big win.
494
:And you kind of mentioned this,
and I know you mentioned it in your
495
:book, but the amount of money solo
business owners make isn't as much.
496
:Like, it's not a ton.
497
:So if you're not fe, if you feel like
you're not hitting those like 10 K
498
:months or whatever, you hear everyone
hear everyone like talking about or
499
:bragging about online they're, they're
not, it's like the actual number was
500
:what was like 39,000 or something.
501
:Maggie Patterson (She/Her):
I think it's like $46,000.
502
:In the US naming, it varies by
country, but there is consistent
503
:research that shows a few things is
number one, the majority of businesses
504
:never make a hundred thousand dollars
505
:Sydney (she/her): Hmm.
506
:Maggie Patterson (She/Her): Like,
and that's, that's just the numbers.
507
:Bear that out.
508
:Especially if you're a woman, a
woman owned business, especially if
509
:you are a woman of color, like those
numbers go down and down and down.
510
:So, and that's not to say you can't
defy that and do better than that.
511
:But also like when someone says,
oh, I'm making 10 KA month.
512
:Just know that they maybe
10 made 10 K one month.
513
:And maybe it's 'cause clients
all pay their invoices at once.
514
:Like I've had some really
big months in my business.
515
:But if I was to sit down and tell
you all the reasons those happened.
516
:And what was happening on either
side of that, it would, you would
517
:be like, oh, so just know people
are a little fast and loose with
518
:how they talk about their numbers.
519
:And that's why, to me, as a consumer,
I look at anyone who's using, um,
520
:an income claim to say, I made
this and I can teach you too.
521
:Or, you know, I, you are gonna
make $10,000 a month or whatever.
522
:I, I approach that with a lot of
skepticism and I don't do business
523
:with those people because I don't
wanna be deceived in that kind of way.
524
:Sydney (she/her): Yeah,
I feel the same way.
525
:I.
526
:I feel like so many people are
making those income claims online
527
:now, and every time I see it, I've
just kind of cringe a little bit.
528
:Um, and just because you like that,
not you specifically, sorry, that
529
:person did it for like their business,
doesn't mean they can necessarily
530
:get you those exact same results.
531
:Because like you said earlier,
there's a lot of nuance, um, in
532
:everyone's situation and, and
considerations and things like that.
533
:Maggie Patterson (She/Her): Yeah.
534
:and there's never, there's
never the full story.
535
:And you know, like I, you think of some
of the biggest names in the online space.
536
:Like, they're like, oh,
I've made $32 million total.
537
:Yeah, they started in 2011.
538
:It was a very different world.
539
:Like I remember that world.
540
:Facebook ads were like a dollar,
like that's not reality now.
541
:And I think especially now in 2025,
like we are navigating a lot of things
542
:we don't have a playbook for in terms
of the economy, the geopolitical
543
:situation, there's constant crisises.
544
:You know, people are very
conscious about their budget.
545
:'cause you know, if you've been to
buy anything at the grocery store,
546
:you know what that looks like.
547
:So your business is now operating against
all of those things in the background.
548
:So what worked even a year ago
is going to shift and change.
549
:Sydney (she/her): Yeah, that's super
important to keep in mind right now.
550
:There's, there's a ton, ton
going on, um, and it definitely
551
:affects, um, buyer behavior.
552
:So, definitely don't feel bad if
your months look different than they
553
:used to, or you're not getting those
10 K months that you see online.
554
:Maggie Patterson (She/Her): Yeah,
and I think the reality is is
555
:I actually wrote an email to my
list this morning about this.
556
:It's like, yes, it's the economy,
but there's not, there's a lot of
557
:other factors and what we all have
to look at as business owners is,
558
:okay, here's the bigger backdrop, and
you can choose, like you can just.
559
:Be like, oh, it's the economy,
and be okay with that.
560
:Or you can start to look at things
very strategically in your business.
561
:Friends, I'm 20 years in, I have had
to do a lot of soul searching and a lot
562
:of little refinements, little resets
in my business over the last year
563
:to continue to stay relevant and to
continue to, you know, hit the numbers
564
:I have been able to consistently hit
565
:Sydney (she/her): Mm-hmm.
566
:Yeah, that's a really great point.
567
:, If someone's listening right now and
they're feeling just like completely
568
:stuck in like that huy version of their
business where they're just spending
569
:all their time, um, and not getting
much return, what is the first thing you
570
:would want them to like do or rethink?
571
:Maggie Patterson (She/Her):
I want them to go back to the
572
:very, very, very beginning and.
573
:If you are in a situation, let's say you
have a service and I'll use Instagram
574
:'cause that's what you do, Sydnee is maybe
you're doing Instagram consulting or you
575
:know, social media management, you know,
and you are not able to get traction.
576
:Maybe you're getting, you know,
I start to diagnose the problem.
577
:Do I have anyone that's
actually interested?
578
:No.
579
:Okay, so that's telling me a few things.
580
:Maybe I have a messaging problem, maybe
I'm not talking about the right problems.
581
:Maybe I need to position
myself like more of an expert.
582
:Um, maybe I'm not doing enough marketing.
583
:That's a really common one I see
with service business owners.
584
:They're like sitting around
twiddling their thumbs.
585
:They're like, I don't have enough clients.
586
:And I'm like, what are you doing about it?
587
:Like, you know, business is not magic.
588
:It comes down to some very
fundamental strategic things that
589
:I talk about something in the
book called The Strategy Stack.
590
:So, you know, really going
through what are the problems,
591
:what is your positioning?
592
:What are your packages?
593
:What are, you know, your
promotional marketing strategy?
594
:What is your pricing?
595
:All of those things have
to be working together.
596
:And if you are not able to make
sales or you're just not even getting
597
:any interest, you need to go back
to the very beginning and start
598
:to figure out why aren't working.
599
:And a lot of times it comes
down to a lack of specificity.
600
:Everyone wants to be for everyone,
and that's not how it works.
601
:The more specific you can get, the better.
602
:I saw this when I went from, you know,
working with solo business owners to
603
:micro business owners, to micro agency
owners and solo service business owners.
604
:Many creatives and consultants,
people are scared to do that.
605
:But the more specific you can be to
call those people in, the better it
606
:gets because people go, oh, that's me.
607
:Yes, I have that problem.
608
:Let me
609
:Sydney (she/her): Mm-hmm.
610
:Yeah, that's a really great point.,
611
:I find that when I get more specific,
not only in like niching down, uh,
612
:if you wanna call it that, but in
the transformation a specific offer
613
:provides is also incredibly helpful.
614
:Maggie Patterson (She/Her): Yeah,
I'm, oh, I could talk about that one
615
:all day because it, like, people will
be like, what they do is they focus
616
:on like, you're gonna get a report.
617
:Well, what is the report gonna do with me?
618
:Like, what is the promise of that report?
619
:What is the specifics of what that's
going to for do for me in my business?
620
:Um, we, we wanna talk about
deliverables, but like.
621
:What is this actually
doing for your end client?
622
:Like if you're working with a veterinary
clinic, does it mean they're gonna get
623
:more inbound leads in their website?
624
:'cause your web site desire,
and that means more clients
625
:coming through the door.
626
:We wanna be like, you get a new
website, and it's like, no, no, no.
627
:It's much
628
:Sydney (she/her): Yeah.
629
:Maggie Patterson (She/Her):
People don't pay for that stuff.
630
:They want the end result that solves the
631
:Sydney (she/her): Mm-hmm.
632
:Yeah, for sure.
633
:And you have a private podcast
that people can listen to as well.
634
:Can you tell us a little bit about that?
635
:Maggie Patterson (She/Her): Yeah, so I
did this podcast, it's called Staying Solo
636
:Stories as a companion to the book because
I share some stories in the book, and one
637
:of the pieces of feedback I got with my
early readers is they were like, I wanna
638
:know more about these people and what
they're doing, their business and like.
639
:We're all really nosy, like we
love a good behind the scenes.
640
:So, uh, I interviewed
seven different clients.
641
:I share, uh, part of my clients
and friends, and I also share
642
:part of my backstory of like
how I started my business and,
643
:you know, where I got to today.
644
:I don't really talk about those
stories on my main podcasting solos.
645
:So staying solo stories is
really a way to jump into that.
646
:And if you wanna check that?
647
:out, you can go to bs
free business.com/sydney.
648
:Because we wanna make it really simple
because we know you're listening to a
649
:podcast and I hate that like slash dot
650
:Sydney (she/her): Yeah.
651
:Maggie Patterson (She/Her): dot.
652
:And if you wanna also check out my main
podcast, you can go to just Sting Solo
653
:and it's all the places this podcast is.
654
:Sydney (she/her): Perfect.
655
:I'm definitely gonna check that out
because I do love that you like included
656
:all of those people and I in your book.
657
:And I also am very nosy, so
yes, excited to listen to that.
658
:But um, thank you so much for coming
on and sharing all of your insights.
659
:I found it really helpful.
660
:And I'm also gonna include a link for
your book in the show notes because
661
:it's probably one of my favorites.
662
:I highly recommend that everyone read it.
663
:It's so good.
664
:Maggie Patterson (She/Her):
Yeah, and it's a really good.
665
:introduction to my work because as I
always say to people like, you know,
666
:the name of my company is BS Free
Business, so I am a little sweary
667
:and I'm very like direct, and that
is either for you or not for you.
668
:So it's a low risk way to
get to know me a little
669
:Sydney (she/her): Yeah.
670
:And there's just so much good
information in there and I love that.
671
:I feel like a lot of what I see.
672
:About business right now is just like
based on vibes, but you have like
673
:all the research and the statistics
and the data to back everything
674
:up and it just makes me so happy.
675
:Maggie Patterson (She/Her): Thank you.
676
:That was like three chapters
of like setting up my
677
:Sydney (she/her): Yeah.
678
:Maggie Patterson (She/Her): and
that's when people were like, what
679
:was the hard part of the book?
680
:I'm like, that, that took me
681
:Sydney (she/her): Yeah.
682
:It was well worth it.
683
:Yeah.
684
:Maggie Patterson (She/Her): you.
685
:Sydney (she/her): So yes, I will have the
links for everything in the show notes.
686
:And again, thank you so much
for coming on to talk to me.
687
:Maggie Patterson (She/Her):
Thanks so much Sydney.