How to Start a Business from Scratch (Part 4) – The Income Stream with Pat Flynn – Day 63

Today we're talking about how to start a business from scratch. This is part 4 of a 5 part series walking you through the process to help you right from the start of the online business journey. Let's keep it going!

What's up Quaranteam! I'm here for you every day at 8am PT (11am ET) to answer your questions and provide something regular each day we can look forward to. It's especially important during these times when normal has kind of been thrown out the window.

For more support from my team during this time, try:

For a list of equipment that I use for these live streams, check out:

Welcome back to all of the regulars, and if you're new, it's nice to meet you!

As a reminder, all SuperChats will be donated at the end of the month, thank you for your support!

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Listen to podcasts? Here are a couple of podcasts that I personally host (with over 65 million combined downloads) that will help you on your online business journey:

The Smart Passive Income Podcast:

AskPat (these are real life business coaching calls):

Also, have you thought about starting your own podcast? Check out my famous podcasting tutorial here on YouTube, the #1 podcasting tutorial on the platform:

Also, follow me at these places below and say hi!

Personal site:
Instagram:
Twitter:

Use the hashtag #TheIncomeStream to keep the conversation going on social!

Also, join the Quaranteam on an Income Stream Specific Slack channel here: quaranteamsuperfans.slack.com

Cheers, and as always, #teamflynnforthewin 🙌

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    4 Responses to How to Start a Business from Scratch (Part 4) – The Income Stream with Pat Flynn – Day 63

    1. Michele Sarisky May 21, 2020 at 6:00 pm #

      So valuable. Thank you.

    2. Barry Chatten May 21, 2020 at 6:55 pm #

      Pat these live streams have been so awesome! You are so awesome and the business mind set of helping and serving is you. You are the epitome of your own message and I appreciate you so much for being real and you.

    3. Nadia Martineau May 21, 2020 at 7:50 pm #

      Appreciate your content. Starting to slowly see growth on my channel thanks to you

    4. Grandma Goodie's Bible Stories May 22, 2020 at 4:55 pm #

      5-21-20 Preview: (0:05) 1. Recap Preselling/Pricing, 2. Delivery, 3.) Communication, 4. Follow-up; (1:29) Most Important: Nobody wants to buy your thing! (15:48) Here’s what people WANT to buy… (16:18); Quotes: “I like the honest approach.” (22:52); “You have to add some strategy in order to help people make a decision. That’s our job as marketers.” (29:24) ~ Pat Flynn. Start w/ Free $249 course Smart from Scratch http://www.smartpassiveincome.com/toolkit. #1. PRESELLING: create a solution for a specific group (2:25); preview Platform Week (2:54); Shout out to BuzzSprout (3:55); How do you clear your mind to focus on 1 thing? (6:30); Pat’s iterative process of growing his business over 10 years? (6:57); Start w/ 1 person, 1 result (8:46) take step 1 before step 2. Q: How can I diversify income w/out being spammy? (10:21); Pretest to presell idea, course, 4-week program (10:39) other ways & purpose of preselling (12:12); wrong way (12:30); “Costs too much” is code for _____ (14:27); Q: Sell the bacon or the sizzle or…(17:33); What made Pat’s business ramp up? (18:12) Pitch the presell promise (18:45) to founding members (Beware ‘Beta’); Tim Farriss Sailor Shirt example (21:29); Jay Abraham preselling book ideas (24:04); ways to collect $$$ (25:04); scarcity tactics (28:02); FOMO on real benefits of betas (30:32); Click & Convert workshop (31:13); Tic-Toc (32:08); Comment: Never feel guilty if you know it will improve their life! (32:52); 1 person, 1 result to understand their struggle (34:40) get results & testimonials. Q: (35:35) What’s the difference between branding & marketing? Q: (36:18) How many students to test a new course? Social proof (37:26); #2. DELIVERY: (38:33) open channel of #3. COMMUNICATION tell what to expect (40:04) Example: presold goes to Teachable expectations; (42:32) write great sales page & add proof; #4 FOLLOW-UP (45:44); Q: What have you learned in 63 days live streaming? (51:18); moving toward adding 2-way conversations & gifts (54:23); Recap: (56:30). What one thing will you take action on today?

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