If it’s true what Jim Rohn says, that “you are the average of the five people you spend the most time with,” then I am feeling pretty good about myself.
I have been lucky recently to spend time with a number of fellow entrepreneurs at early stages of their dreams. Some were close friends and family - others are new friends and new business. All of them impressive and inspiring.
I have found myself discussing a variety of business plans with varied leaders. Two newlyweds taking steps toward opening a locally sourced food and wine business on Long Island. Another the co-founder of a Charleston, SC based brewery. Another a distiller and expert on Korean Whiskys planning his own Brooklyn based brand. The last is an innovative furniture maker in the midst of raising a series A in New York.
These are all vastly different businesses that I felt emphatically compelled to give the same advice: Begin building your audience before you begin building your business!
People tend to humbly and quietly go about their planning, waiting until they are farther along and can more thoroughly prove themselves. But the smart move - and the brave move - is to take a risk by putting yourself out there much sooner.
Start interacting and building trust with the audience your business will serve. Learn what they like, what they want to know, and what they need to know. Then start giving it to them.
Launch a blog, or a video blog. Start a podcast or make series of educational videos. Host a webinar or interview an industry expert. Write - take pictures - network - design - create - share… Whatever!
Just honestly and vulnerably share what you know and love with people. That inspires excitement, trust and eventually loyalty. The sooner you start the better off you will be.
I have been giving this advice so much that it was clear I needed to write it down. Here are some of the benefits to beginning to build an audience before you are ready to open your new business.
Develop the habit
Creating a habit of content creation is a real challenge. Start developing that muscle as soon as possible.
Get in a mindset where every part of your journey is viewed as a content generation opportunity. Everything you learn - every challenge you face - every connection you make - All can be an inspiration to create something interesting and helpful.
People think they will immediately begin pumping out great content when their business launches… It doesn’t work that way. You need to cultivate the habit of creating and sharing until its part of your identity.
Get to know your audience
You will learn about your audience as you build it. The process of building that relationship will teach you what your audience responds to, who influences them and what they need.
You will be in a much better position to design and sell your product when you better understand your target customers.
Steepen your learning curve
Immersing yourself in the audience development process speeds up the rate at which you learn all sorts of things.
You’ll be researching posts, sharing data, interacting with people, meeting influencers, answering questions, finding new distribution channels, testing tactics and much more. Content creation puts you in the role of teacher and teaching is often the best way to learn.
All that work naturally increases the pace of your own learning. As an entrepreneur you need to be learning as much as possible and audience development can be a key driver.
Hone your message
Creating content for your audience is a great way to continually hone your messaging.
As a small business or startup owner, you likely won’t have a team of top copywriters to start. You will need to work exceptionally hard to develop messaging that will resonate with customers.
They say “if you want to be a better writer… write!” Committing to building an audience will force you to practice your craft and hone your messaging in time for your business to benefit.
Reach early adopters
A new business needs to be strategic about who they are targeting at each stage of their growth. Beginning your audience development at the earliest stages can help your reach the all-important early adopters.
The broad-market customer you may target when you are established is precisely the wrong group to target at the earliest stages. That’s because a broad-market customer won’t consider an unproven new option - they won’t consider you.
However, there is a small portion of the market comprised of early adopters that want to be first to try something new. This group will also be interested in your struggle to build something new.
The story of your entrepreneurial journey may catch the attention of this early adopter customer. And that customer type is the single most important factor in the early success or failure of your business.
As your business grows, the early adopter crowd will lose interest in you because you are no longer the hot new thing. But by then you are a proven entity which is now attractive to the broad-market audience that ignored you in the beginning.
Use content as a networking tool
Becoming a content creator can be a great way to support your in-person networking efforts.
Successful networking can be vital to the planning process of your business. Whether you are raising funding, looking for a co-founder, recruiting early employees, or prospecting for your first clients - you need to be taken seriously.
But it can be difficult to establish your expertise in the early days when you don’t have an established business - or even a business card and website.
Pointing to content you have created gives something tangible to showcase your expertise and make you memorable. Having a blog, a YouTube channel, a podcast, or some other creative output can really help bolster your credibility.
Head start on SEO
Getting a jump on content creation is going to provide you with a big SEO advantage when it comes time to actually launch your business website.
Google values unique, relevant, frequently posted content above all else. Quality is the most important factor but it is unrealistic to believe that quantity has no impact.
The majority of new small business websites launch with only a handful of pages - which makes sense. Your site should be easy to navigate and should focus only on what is most important.
But if you are able to tie in an existing blog - or other resources like video, infographics, podcasts, etc - you add additional content without distracting users. In fact, it will improve the user experience - which is what search engines reward.
Don’t worry if you don’t know your eventual company’s name or have its domain. The majority of any SEO value you gain can be passed to your site later using 301 redirects or canonical tags.
Your business will have a big advantage at launch if you have already built a treasure trove of content.
Build a photography collection
Building your community will have the side effect of forcing you to develop your own photo library.
Getting attention online generally requires great images to pair with your written work. Your posts will perform far better with a visual to help tell your story.
Getting in the habit of producing content will also get you in the habit of collecting great photos. I have written in the past about the importance of building your business photography collection.
Start producing content and you will likely become your company’s first photographer without even trying.
Build while you still can
Another advantage to building audience before launching your business: you don’t have the distraction of running your business.
The best marketing is a great product or service. I recommend you remain exceptionally focused on design and execution in the early days.
That won’t leave much time for building an audience. You will be distracted from developing your product - or you won’t have an audience to tell when the product is ready.
An audience-first approach allows for extreme product focus at launch. When the product is just right, you’ll already have loyal fans eager to hear about it.
- Begin cultivating an audience long before you launch your new business
- Don’t wait until you are ready - Take a risk and just start creating and sharing
- Develop a habit of being an “always-on” content creator
- Start learning about your audience by interacting with them
- Force yourself onto a steeper learning curve
- Craft, test, iterate and improve your messaging before the pressure is on
- Reach early adopters by sharing your journey as an entrepreneur
- Use your content to accelerate your early SEO results
- Use content creation as the impetus to build your own photography collection