Monday Q&A with Pat Flynn - The Income Stream - Day 28

TL;DR

In this live stream session, Pat Flynn discusses various topics including fear, conditioning, book launches, pricing services, and podcasting with an iPad Pro.

Transcript

team welcome today's day 28 of the income stream today I want to tell you about the differences between a barracuda an elephant and a flee hint there is no difference I'm here to answer your questions and keep the entertainment going welcome to the income stream the income stream to help you achieve your dream all our we keep it clean this income s... Read More

Key Insights

• 😨 Fear and self-doubt are common among entrepreneurs, but it shouldn't hold you back. Embrace the fear as a sign that what you are doing is important to you.
• 🥶 Conditioning and limitations set by others can hinder your growth and success. Break free from these beliefs and pursue your own path.
• 👨‍🔬 Pricing services should be based on your perceived value and the results you can achieve for clients. Consider competitor prices and research tripwires or payment plans to increase sales.
• 🥺 Stay consistent and dedicated to your goals, knowing that practice and persistence will lead to improvement and success.
• 👨‍💼 Utilize online resources, such as the Smart Passive Income blog and podcast, to learn more about book launches, pricing strategies, and running successful businesses.

Questions & Answers

Q: How long before publishing a book should you announce it?

It is best to announce and start promoting a book as soon as you start writing it, as it allows readers to become invested in the process and provides valuable feedback.

Q: How do you determine pricing for services when you are unsure of your value?

Start by understanding the value you provide and the results you can achieve for clients. Research competitor prices and consider offering a tripwire or payment plan to increase sales while maintaining value.

Q: How do you keep up with the chat while hosting a live stream?

It takes practice, but using tools like ECAM Live allows for easy organization and scrolling through the chat. Focus on one question or comment at a time and engage with the audience as best as possible.

Summary & Key Takeaways

• Pat shares stories about fleas, barracudas, and elephants to illustrate the importance of breaking free from limitations and conditioning to become a successful entrepreneur.

• He announces a goal of 150 thumbs up for the live stream and promotes his online business toolkit, which offers resources for starting and maintaining a business during the COVID-19 pandemic.

• Pat answers questions about book launches, pricing services, overcoming fear, and running a podcast using an iPad Pro.