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- Profit Hacking Issue #9: Fast Alone or Far Together
Profit Hacking Issue #9: Fast Alone or Far Together
Freedom, time, and money aren’t particularly “far” goals... might as well get there fast.
Daniel Talbott
July 22, 2023
“If you want to go FAST, go ALONE. If you want to go FAR, go TOGETHER.”
Here's why going fast beats going far...
+ the process I use to write these newsletters.
This newsletter is by:
Profit and Grow is a fractional CFO, bookkeeping, and tax planning firm helping professional service businesses earn and keep more money by maximize their PROFIT, minimize their TAXES, improving CASH FLOW, and making the wisest business DECISIONS.
If profitability and revenue are the most painful parts of your business, stopping you from focusing on what you do best, visit profitandgrow.com and book a call today.
We scale legacy-minded service businesses to $5m in gross revenue, profitably.
My current process for writing these newsletters starts with ideas.
I keep a running list of ideas in my notes app. It looks like this 👇
From this list, I post short snippets of the idea on Threads and Twitter. If one pops, it gets bumped up the list.
When I’m excited about a newsletter, I write on Thursday night. Then I draft a "hook and teaser" post for LinkedIn. The LinkedIn post get's published Friday morning, teasing the newsletter for Saturday.
BUT
If I’m not terribly excited about the week's topic, I’ll write the hook and teaser and ship it. The commitment forces me to frantically write Friday night... Maybe not healthy, but it works.
When I sit down to write the newsletter, I follow Justin Welsh’s template for the bones.
What’s the big problem?
How do most people solve it?
Why doesn’t it work for them?
How might I solve it differently?
Recommended action steps for readers with this problem.
The first draft will be on a Google Sheet
So, here we go:
What is the big problem?
People start a business for more money, freedom, and liberty. But there are a lot of unknowns and going it alone is scary.
How do most people solve it?
They partner with a friend, or someone who does what they do.
Why doesn’t it work for them?
Two people with the same contribution are redundant. One (aka either) are unnecessary.
How might I solve it differently?
Go Alone… together. Join a network for a support system and to answer those unknown unknowns.
Recommendation for readers with this problem.
If you’re going to partner anyway, do it like this…