Jun '24 • Opening Convos & Coffee Dates
113 voted for the Coffee Date Challenge
🔥Hot dayum!
It's on.
Our 1st ever Coffee Date Challenge.
We'll kick off next week...
BUT...
Let's get the "~10 minutes of CRITICAL research" underway.
👀👀(SEE PIC attached)👀👀
You'll want to do this for every person you want to get on a coffee date with.
If they aren't interesting enough to do 10 minutes of research...
They proooollllly aren't good partner material for you?
You will want at least ONE to start with.
Ideally 10...
To get on a couple of coffee dates.
Ya dig?
After you've done the research for at least ONE partner put DONE in the comments below.
👉HEADS UP: If nobody comes out to play...
👉👉I will shut her down.
TIP: Google and social profiles are your friends. I like to start with books I've read. I've also used courses I've taken and products I've purchased.
What are some partner criteria?
For me...
I look to partner in areas I am naturally drawn to and the potential partner has a clearly different and unique angle/philosophy/plan to remove PRESENT PAIN from people they care about.
I want to help sell desperately needed MEDICINE...not nice to have, preventative VITAMINS.
AFTER that...
I look at economics.
How many products/programs do they have?
It's way harder to get deals and have great first dates with a biz that only has ONE product.
It also means they probably haven't been around long.
Find their program/product pages. (this is different for SAAS)
Do they have one product? 3? 5?
How long have they been around? (The longer the better because it means they've got more CUSTOMERS/CLIENTS.)
Then I look at my income goals per partner.
Let's say you want every partner to bring in at least $10k per month...
Now work backwards.
If they have a $5,000 program and you get 30%...
That's $1500 per sale.
Now look at their audience size (roughly) and flow...
Will it support that?
If they say they've sold 3,000 programs in the last 3 years...
Then we've got a starting pool of 3000 customers...and they are doing roughly 100 sales per month.
$10k a month is totally doable.
If they only have a $99 program...
It's not gonna work without a bigger backend.
If they have a $10k program and you get $3,000 a sale...
But they've only sold it 3 times...
That's not going to work.
(If you dig you can get a feel for how many they sell.)
Now...
Get her done!😀
Rooting For Ya,
Travis
PS When you've researched at LEAST ONE, put "GOT HER DONE" below! If only a few of you do it...I'm not coming out to play again...
33
48 comments
113 voted for the Coffee Date Challenge
skool.com/ronin
Collect recurring monthly income by RENTING out other people's courses, training, AI tools and other digital real estate.
Leaderboard (30-day)
1
+213
2
+190
3
+182
4
+111
5
+109
Powered by