Episode Transcript
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0:00
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2:00
That's my full name, all one word, teachable.com/J Klaus, J A
2:02
Y C L O U S E. I
2:11
literally went on vacation to the beach and
2:13
drew this little three circle thing. I want
2:15
to do my best work of my career
2:17
with good people and get paid fair money
2:19
and that's it. There is no back end
2:21
on this thing. There is no big exit
2:23
at the end of this thing and that's
2:26
fine. But I think I would have been
2:28
so worried about the back end on the
2:30
thing if I had done it when I
2:32
was 25 or 35 or
2:34
whatever. I would have messed it up. Hello
2:50
my friend, welcome back to another episode of
2:52
Creator Science. I am so excited to share
2:55
today's episode with you because it has had
2:57
a big impact on me since we recorded.
3:00
My guest today is April Dunford.
3:02
April spent the first 25 years
3:04
of her career as a startup
3:06
executive running marketing, product and sales
3:08
teams. Now the startups that April
3:10
worked with, they were mostly all acquired for a
3:12
total of more than $2 billion.
3:15
And during that journey, April
3:17
positioned, repositioned and launched 16
3:20
different products. When
3:23
I started, I didn't want to
3:25
run a business. That was never my goal in life
3:27
was to run a business. My goal was to
3:29
be the world's greatest vice president of marketing. That's
3:31
all I wanted to do. I just wanted to
3:33
be really great VP marketing. But
3:36
ironically, today April is a business owner. She's
3:38
an independent consultant and she's worked with more
3:40
than 100 early and growth stage startups to
3:43
help them position their products. Now
3:45
if this word positioning is new to you, I
3:47
don't want you to get too hung up on
3:49
it. It's not super important for this conversation. But
3:51
positioning is basically how you talk about your product
3:53
and differentiate it from other products in the marketplace
3:55
so that people see your product as the one
3:57
they want to buy. wrote
4:00
the book on product positioning. It's called Obviously
4:02
Awesome, how to nail product positioning so customers
4:04
get it, buy it, and love it. It
4:06
was published in 2019 and provides a
4:09
methodology for positioning that any company
4:11
can follow. It's become a best
4:13
seller and among entrepreneurs, product, and marketing
4:16
folk, April is kind of a product
4:18
legend. My consulting is my main
4:20
business. You know, book revenue is just like, I
4:22
don't know, it's like free money. I can't believe
4:24
it shows up every month. And
4:28
while that may be true, April has sold
4:30
a lot of books. It's
4:32
a little bit hard to count because I've got
4:34
all these different channels and I'm selling some books
4:37
at bulk. But the first book has sold
4:39
over 60,000 copies. I
4:41
could be closer to 80,000 copies
4:43
now, but it's a lot like a lot
4:45
of books. And as you'll
4:48
hear, the success of that book has had
4:50
a huge impact on April's overall business. And
4:52
I invited April onto the show because several
4:54
of my close friends have told me that
4:56
they love April's business model. She has no
4:59
employees. She works with a small number of
5:01
clients per year at high prices and her
5:03
clients are glad to pay it because they
5:05
see an ROI. Getting
5:08
the book out was absolutely transformational
5:10
to the business. Like that's what
5:13
took me from this is a
5:15
good business that pays me more
5:17
than what my salary was in
5:19
house, you know, yay me consultant
5:21
to you. Holy man, I didn't even think
5:23
it was possible to make this kind of
5:25
money and work with this
5:27
kind of clients and do this amazing stuff. And
5:30
yeah, the book was a game changer. This
5:33
conversation is divided into two halves. In
5:35
the first half, you'll hear April and
5:37
I talk about how she built her
5:39
consulting business, how she attracts high caliber
5:41
clients, the process she uses for qualifying
5:43
them. And in the second half of
5:45
the conversation, we talk a lot about
5:47
April's experience publishing her first book, Obviously
5:49
Awesome. After exploring traditional publishing, she decided
5:51
to self publish the book and she
5:53
says it's the best decision she's made.
5:56
I talked to a very famous author
5:58
and I basically He asked him the
6:01
question, like, what does your publisher do
6:03
for you? And he
6:05
didn't know. He wouldn't
6:07
admit that, but he didn't know. And
6:10
I was like, this is kind of a scam.
6:13
I took a lot away from this episode, and
6:16
I think you will as well. I'd love to
6:18
hear what you think about this episode. So tag
6:20
me on Twitter or Instagram at JClaus. If you're
6:22
listening, let me know. I love seeing it, but
6:24
now, let's talk with April. For
6:33
a long time, my goal was be a VP
6:35
marketing at a Fortune 500 company. And
6:37
I kind of did that, and then I went back to doing
6:39
startups because I thought I was better at startup
6:41
stuff. And so I did that. But I
6:44
was VP marketing, I think, seven times
6:47
where I ran marketing teams. And after
6:49
the seventh one, I was like, really,
6:51
April? We're going to keep doing this?
6:55
Are we going to keep doing this? And I'll tell
6:57
you, the last one wasn't great. The
6:59
last one, I was like, well, that kind of sucked.
7:02
I really want to sign up for another one of those.
7:05
So I did what I think a lot of people do
7:07
is I just said, well, maybe I could just
7:09
do consulting. And let's try that out. And
7:11
I had some false starts with consulting before where I
7:13
went and did consulting, and then I fell in love
7:15
with the company, and then I joined as a full
7:17
timer. But the last one, like I said, the
7:19
last one was bad. And I was like, maybe it's time to slam
7:21
that door and just go do my own thing. And
7:24
so it took me a couple
7:26
of years to kind of figure out
7:29
what that meant. I think
7:31
at the beginning, I started the way a lot of people do.
7:33
I'll just do the job I was
7:35
doing before only fractionally. So I'll
7:38
have multiple clients, or I'll work a
7:40
short period of time, and then I'll do that. And
7:43
that didn't seem like a good model for me for
7:45
a bunch of reasons. One, marketing's so broad. There's
7:47
so many things you could do. And so you
7:50
come in and you say, are you a fractional
7:52
VP marketing? There's 1,000 things that could mean. The
7:54
other thing is I felt like the expectations were
7:57
all out of whack. Everybody wanted me to have
7:59
full time responsibility. for part-time pay. I
8:02
was like, Hey man, that's not what I signed up for. So
8:04
I didn't like that. And so what I
8:07
wanted to do was have an engagement, like something where
8:09
there was a beginning, a middle and end, I come
8:11
in, we do a thing together and then it's clear
8:13
when we're done and then I go and then I
8:15
go to the next one. So I always
8:18
knew my focus was going to be around positioning at
8:21
the end of about two years of messing around
8:23
with a bunch of different models. What I settled
8:25
on is kind of a
8:27
workshop model where I'm working with
8:30
companies on their positioning. I work with
8:32
a cross-functional team at a tech company.
8:34
I come with a methodology and I
8:36
come in more like the facilitator and
8:38
the teacher and we're working
8:41
through a thing together. You
8:43
know, that sounds very easy and obvious, but it
8:45
literally took me two years to figure that out. Yeah.
8:48
Well, what I love from what I'm hearing here
8:50
is you are so in
8:53
touch with realizing when something
8:55
isn't working the way you want it
8:57
to. And being willing to say, let's
9:00
pause that then and let's try something else
9:02
as opposed to just doing more and more
9:04
and more. I find a lot of people,
9:07
especially in the, in the realm of providing
9:09
client services, they just take on more
9:11
and more and more and it gets harder and harder
9:13
to step away from. Well, the other thing
9:15
I think people do is they blame it on the client,
9:18
right? They'll say, well, that's stuck because it was a bad
9:20
client. And you
9:22
know what? My whole thing was how do I make sure I
9:24
never have a bad client? So
9:26
maybe it's the engagement changes. Maybe I do a
9:28
better job of filtering out bad ones at the
9:30
beginning. Like you should see how I filter. It's
9:33
kind of ridiculous. Like only about one in 10
9:35
of the companies that reach out to me actually
9:37
make it through my filter where I say, yeah,
9:39
I think this is a good fit. Can you
9:41
tell me about that? Yeah. So
9:44
at the beginning, I was just kind of taking
9:46
my victim where I find them. Right. So people
9:48
knew me as a good vice president of marketing.
9:50
So what happened is customers would
9:52
call me and they'd say, hey, come and be our
9:55
vice president of marketing. And I'd say, no, I don't
9:57
do that anymore, man. I'm doing this other thing. And
9:59
they'd say, yeah. Okay, let's just sign up for the
10:01
other thing. And they didn't care what it was. Like
10:04
they were just, we just want you in here. And then
10:06
you're going to fall in love with us and be our
10:08
vice president of marketing. So for the first year, I did
10:10
a lot of that. And I should have been saying no
10:12
to those deals cause they didn't want what I was offering.
10:14
But I was saying yes, cause I was like, eh, I
10:17
just need to get some work happening here. So
10:19
then I got more into like, you
10:22
know, I'm going to qualify you. And so now
10:24
I have a whole long list of qualification things.
10:26
So first of all, it
10:28
became very clear to me, like my background is very
10:30
B2B. If a company calls
10:32
me and what they have as a consumer product,
10:34
that's not really my background. My methodology
10:37
wasn't built for those kinds of
10:39
companies. Could we do something together?
10:41
Yeah, maybe, but would it be amazing? I don't
10:43
know. I couldn't guarantee that. So I thought, you
10:45
know what? I'm just going to say no to
10:47
that business. I'm sorry. So that
10:49
was the first thing. No consumer stuff, only B2B. Second
10:52
thing is most of the companies I worked with as
10:55
a VP marketing had a sales team. And there's a
10:57
lot of things you can do when you have a
10:59
sales team that you can't do if you're selling a
11:01
completely zero-touch sales model. So
11:03
I stopped working with companies that didn't have
11:05
a sales team because I was much more
11:07
valuable to those that did have a sales
11:09
team. And then if the
11:11
company was too early stage, we didn't have
11:13
a lot to grab on to do positioning
11:15
work. So I thought, well, you
11:18
know, if they're too early stage, I should be just
11:20
telling them no and trying to instead of trying to
11:22
do something, but we don't really have the right inputs
11:24
to actually do good stuff. All of
11:27
this was really important in that what
11:29
it meant was if somebody makes it
11:31
through all my check boxes,
11:33
their tech company, their B2B, they have a sales
11:35
team, they've got a product in market with a
11:37
certain amount of traction, I can feel
11:40
very confident that we're going to do some pretty
11:42
good work together, which gives me the confidence to
11:44
charge a lot of money for that. Because if
11:46
we do smash it, that's actually really, really valuable
11:49
to the company. Before, I think I was scared
11:51
to charge a lot of money because it was
11:53
like, well, maybe this is going to work, maybe
11:55
not, we'll see how it
11:57
goes. But now it's like...
12:00
If you tick all my boxes, we're going to smash it.
12:02
It's going to be awesome when we get to the end
12:04
of it. I have that
12:06
confidence. People hire me for that confidence. The
12:09
people hire me because they know their chances
12:11
of getting a really good result is much
12:13
higher than if they go to
12:15
somebody who just minors on this work and doesn't
12:17
major on it. That's
12:19
allowed me to put the rates up,
12:21
work with a higher class of customer,
12:23
all that stuff. How do I
12:26
interact with this filter? If I'm somewhat interested in working
12:28
with you, are you talking to me and asking these
12:30
questions? There's two things. One, if you
12:32
go to my website and you go to
12:34
sign up on my website, there's an FAQ
12:36
like right there on the contact form that
12:38
basically says, if you're a consumer, don't fill
12:40
in the form, man. It
12:43
doesn't work, but it's laid out pretty
12:45
straight there on my contact me form. It's like,
12:47
this is kind of who I work with and
12:49
so who's a good fit for me. It looks
12:52
like this. There's even a
12:54
mention of pricing on there. I don't
12:56
like talking about pricing upfront, but I
12:58
think it's fair to people to let
13:01
them know what the ballpark is because
13:03
a lot of smaller companies don't have the budget. When
13:06
I was cheap, I never talked about the pricing upfront
13:08
because I figured once you talk to me, you'd know
13:10
it was worth some money. Now I
13:12
put it on the website because I think the smaller companies
13:14
who don't have the budget, let's not waste each other's time
13:16
here. If you don't have the budget to do it, then
13:19
just don't fill it the form. All
13:21
that stuff is on the website. Then
13:23
we'll do a qualifying call. There's
13:26
a handful of things I'm checking for in the
13:28
qualifying call. Are they really
13:30
big enough? Do they really have enough traction in
13:32
the market? Sometimes people call and they say, we
13:34
made all our money in this market, but we
13:37
want to be in this other market. We
13:39
haven't sold anything there, but we want to do the
13:41
positioning there. I turn those ones down because I'm like,
13:43
we don't know how to position it because you haven't
13:46
sold anything there yet. You need to go sell some
13:48
stuff and call me in six months. We're
13:50
having those conversations. The
13:52
other thing I'm looking for is sometimes
13:55
people call me and they think it's a positioning problem and I
13:57
don't think it is. They'll call me
13:59
and say. you know, once we get
14:01
a customer in the door, we smash it. Like we sell
14:03
everybody, we close everybody. It's amazing. And I'm like, maybe
14:06
your problem is awareness and lead
14:08
generation. I
14:10
sound like a existing probably. So I'll disqualify those folks.
14:13
It was a very broke. We shouldn't be trying to
14:15
fix it. So we do all that
14:17
stuff in the qualification call. And then a lot
14:19
of my clients are looking at me, but they're
14:21
talking to other people too. And so part of
14:23
the qualification call is them making sure I sound
14:26
like I know what I'm doing and they want to work with
14:28
me too. I also have a
14:30
bit of an asshole filter, frankly, in the qualification
14:32
call. Like if I don't think I want to
14:34
spend the whole week with these people, like
14:37
I've done my time 25 years in startups. Like,
14:40
you know, I don't have to spend a week
14:42
with jerks. So if they're kind of
14:44
jerky to me, I'm like, Oh geez, I think I'm all booked
14:46
up. That's the
14:48
lesson. I feel like everybody learns the hard way. Yeah.
14:50
Like, Oh, I should have, I should have a filter for that. Yeah.
14:53
You should have a filter for that. This is where I'm
14:55
at now. Like if I was just starting out,
14:58
here's the other thing to know about this. Like I
15:00
started my own thing, like at the end of
15:02
my career, I've been 25 years
15:05
as a VP marketing. So it wasn't
15:07
like I was 25 with debts and
15:09
broke. It's different when you do it
15:11
late stage, you can be a little
15:13
bit more picky and you can spend two years not
15:16
making too much money trying
15:18
to figure this stuff out. So I had the
15:20
privilege of doing that. I couldn't
15:22
have done this business when I was 30 years
15:25
old and broke and in debt
15:27
and whatever, but
15:30
I had the luxury of being really picky.
15:33
And so the great thing that
15:35
happens when you do have the
15:37
luxury of being really picky is you tend
15:39
to smash it every time you do pick
15:41
somebody, it's a really good fit and then
15:43
that generates a good word of mouth. So everybody's like,
15:45
Ooh, you know, we did this thing with April. It
15:47
was really good. And that's all goodness.
15:50
I'm going to come back to that point you made
15:52
in a minute about this wouldn't have looked the
15:54
same had I done it earlier, but
15:57
you, you mentioned this contact page on your website. So
15:59
I pulled it up. up here and I was looking at
16:01
it. And what I expected to see was a
16:04
form with a bunch of different fields, a bunch of
16:06
different check boxes. Actually what I see is a very
16:08
simple form with an FAQ below it with a lot
16:10
of the questions. So it's not saying, are you this,
16:12
are you that? You're saying, I don't work with B2B
16:15
companies. I work with growth
16:17
stage and larger organizations. You can expect
16:19
a minimum investment of $60,000. So you're qualifying
16:21
them and saying, this is just what it
16:23
is. I fill this out if this
16:25
is you, but you're not making the
16:28
form longer, which I see a lot of
16:30
service providers have a really long intake form,
16:32
which I think presents new
16:34
problems. So the person I'm
16:37
dealing with is generally the CEO of
16:39
a growth stage business. So they're a
16:41
startup CEO, companies making 30, 40, 50,
16:44
100 million revenue. Like it's amazing they fill
16:48
out a form at all. Like
16:51
if I put any friction in that.
16:54
And what they really
16:56
want to know is like most of
16:58
the time these folks come
17:00
to me really qualified already. So
17:03
they've seen me on stage somewhere.
17:05
And then they bought the book and
17:08
read the book. They might have attempted
17:10
to do the exercise themselves internally because
17:12
I encourage everybody to try and do
17:14
it themselves internally. And they've been wrestling
17:16
with this thing for like six
17:18
months. And so by the time
17:21
they hit my page, it's like, yeah, yeah, yeah. I
17:23
just want to know like how much does it cost? When can
17:25
we do it? After a
17:27
quick break, April and I talk about the evolution
17:29
of her business and how her first book came
17:31
to be. So stick around. We'll be right back.
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uscreen.link.j that's
19:45
u-s-c-r-e-e-n.link.j and let them
19:48
know that I sent
19:50
you. And
19:53
now, back to my conversation with April Dunford.
19:55
So I was doing workshops well before the book. The first
19:58
couple years I didn't know what I was doing. I
20:00
was taking all kinds of different projects on
20:02
and things kind of sucked. I
20:05
was doing some fractional CMO
20:07
stuff and it was shit, everything
20:09
was shit. So I said, well, I actually
20:12
have to figure this out. And so the first
20:14
thing I decided was I only
20:16
want to do work where I'm right in my zone
20:18
of excellence, which for me is the positioning work. So
20:20
I want to eliminate all this other work. If it's
20:23
not positioning work, I'm not going to do it. And
20:26
then the two other factors were I just
20:28
want to work with good people. So I'm
20:30
going to hard disqualify anybody that looks like
20:32
they're problematic to work with. And
20:34
then the last thing was I needed to figure out
20:37
a way to make fair money for what
20:39
I was doing. Like one of the things
20:41
about being a VP marketing at startups is
20:43
you generally get paid under market value if
20:45
you're an earlier stage companies. And there's
20:47
always this big promise of stock options that never
20:49
actually works out. And so even if you get
20:51
acquired, which is a whole other podcast. But so
20:54
I thought, you know what, I'm not often getting
20:56
paid what I'm worth. So at this stage, you
20:58
know, if we're going to do some stuff together,
21:00
I'm going to get paid one more. So
21:02
those were the three things. One of the things
21:04
I quickly came to the conclusion on was
21:07
anything that appeared like doer
21:10
work, like I'm going to do
21:12
your positioning for you. That's
21:15
a problem because I'm always going to get compared
21:17
with, well, can't we just hire a vice president
21:19
of marketing to do this? And
21:21
so they would, you know, take whatever the salary
21:23
was for VP marketing, split that up and say,
21:25
well, you're here for two months. So we're going to pay
21:27
the equivalent of two months salary of VP marketing. And that's
21:29
just not, I just wanted to get out of that. And
21:33
so I thought, well, really what my
21:35
goal here is, is to work with
21:37
companies on their positioning, but they
21:39
know more about their product, their market, their
21:42
situation, all this stuff than I could ever
21:44
learn. Like even if I went in and
21:46
spent three months with them and interviewed all
21:48
their customers and interviewed all the executives, they're still
21:50
going to know way, way, way more about the
21:53
situation than me. So a
21:55
big unlock for me was I
21:57
started going in and working with companies.
22:00
and basically getting the gang together like
22:02
we get the executive team together and
22:04
instead of me trying to figure
22:06
out what the answers were. I
22:08
would come in with a process to pull
22:11
the answers out of everybody because
22:13
my thesis was the answers are there
22:15
it's just the different parts of the
22:17
organization don't agree. And
22:19
so that turned out to be a
22:21
really big game changer in my work
22:23
that instead of me spending months and months
22:25
trying to do all this leg work. I
22:28
would just bring the right people together in the room
22:30
and have a process for pulling stuff out of people.
22:33
So instead of being the person
22:35
doing the positioning I'm facilitating and
22:37
teaching the folks how to do
22:39
it. This makes a lot of
22:41
sense because as the third
22:43
party coming in you
22:46
are incentivized to do the best work
22:48
as efficiently as possible and
22:50
so you're saying how can I most
22:52
efficiently set myself up to do
22:54
what I need to do. And in
22:57
figuring out the answer that question you
22:59
developed a really repeatable
23:01
process and framework. That's
23:03
exactly it. So after
23:06
doing that a bunch of times I
23:09
thought okay I really got this down now so
23:11
like you know I come in here's the framework
23:13
here's the thing we do I come in as
23:15
the facilitator I'll do it. Then I
23:17
got this idea well there were
23:19
two things happening in my business one was
23:22
companies were coming to me and I
23:25
was trying to explain what we were going to
23:27
do in this workshop and it was hard to
23:29
explain. And people were kind of like
23:31
well can't you just do it for us and
23:33
I'm like no I can't and here's why you
23:35
know when I explained that and then I would
23:37
explain the process and all this stuff. And sometimes
23:39
it was hard to do in an hour like
23:41
we need a second call to talk about it
23:43
and I thought well what I should
23:45
actually have is a book. Well
23:48
at first I thought it was a blog post I
23:50
thought what I should have is this big detailed
23:52
blog post that says here's how you do it.
23:55
And then two things would happen the little guys
23:57
that were too small to work with me because
23:59
they. They're not even paying themselves,
24:01
let alone a consultant. They could just read
24:03
the post and do it themselves. And that
24:06
would save me having 9,000 coffee meetings with
24:09
CEOs of early stage companies because at that point
24:11
I was spending a lot of time having coffee
24:13
meetings with CEOs of early stage companies. And
24:16
so they could self-serve that. And then
24:18
in the coffee meeting, we'd have smarter
24:20
discussions. And then the second thing was
24:22
that the CEOs that were in
24:24
my market space could read this thing. And
24:27
this is like the description of here's exactly what
24:29
I do. And so if I go
24:31
to a conference talk or something and I'd say, hey,
24:33
you want more information on how to get this done,
24:35
here's the blog post, go read it. If
24:38
you're stuck, call me. And so
24:40
that would maybe save me this first call. But
24:42
then I got right in the blog post and I'm like, oh man, this is
24:44
more than the blog post. This is too
24:46
big. This starting to look like a book. So
24:49
then I went down the whole journey of
24:51
getting the book out. That
24:53
took me a long time, like maybe two
24:55
years. But getting the
24:57
book out was absolutely
24:59
transformational to the business.
25:02
That's what took me from this
25:04
is a good business that pays
25:06
me more than what my salary
25:08
was in-house, yay me,
25:10
consultant to, holy man, I didn't
25:12
even think it was possible to make this kind of money and
25:15
work with this kind of client and do
25:18
this amazing stuff. And yeah, the
25:20
book was a game changer for me. I'm
25:22
going to ask, this is a faux pas on podcasting,
25:24
but I'm going to do it anyway. I'm going to ask you two questions at
25:26
once. The first is,
25:29
why did the book take
25:31
two years? You made it sound like it took a long
25:33
time, longer than you expected. And two,
25:36
what would you have done differently knowing
25:38
what you know now to make that path more efficient? Oh,
25:41
well, let me tell you, I just wrote the new book
25:43
and the new book was so much easier than the first
25:45
book because the new one, I know what I'm doing. The
25:48
first one I didn't know. So the
25:50
first one I got a lot of
25:53
really well intentioned but terrible advice
25:55
about books. So I thought,
25:58
well, I'm going to write a book, so I'll go. talk
26:00
to book authors about how they did it.
26:02
The problem is, is most of the people I talked to,
26:05
you know, wrote books like 10 years ago. And
26:07
I think the book business has really,
26:10
really, really changed. The other thing
26:12
is that if you wrote a
26:14
book with a traditional publisher, all
26:16
you know is that. Like you
26:19
don't know what self-publishing looks like. So
26:21
like I talked to a very famous
26:23
author and I basically asked him the
26:26
question like, what does your publisher do
26:28
for you? And he didn't
26:30
know. And he wouldn't admit
26:32
that, but he didn't know. And
26:35
I was like, this is kind of a
26:37
scam. And so I spent a year trying
26:39
to go down traditional publishing routes and that
26:42
didn't work so good for me. One, they
26:44
didn't like the topic. They thought it was
26:46
stupid. Two, book publishers were
26:48
like, well, hasn't a book on
26:50
positioning already been written? And I'm
26:53
like, yeah, man, in 1982. But
26:55
you know, I think we need a new one every
26:57
50 years or something. Yeah.
27:01
Yeah. And they're like, I don't know.
27:03
I don't know. Sounds risky. And
27:05
then they would ask me really like these
27:07
questions that drove me crazy. They'd say, well,
27:09
how many newsletter subscribers do you have? How
27:12
many followers do you have on Twitter? And
27:14
I was like, well, like a
27:16
decent amount, frankly, but I mean,
27:18
I can have as many as you want. Like I
27:21
can go buy those. All you care about is the
27:23
number. Like these are kind of dumb questions.
27:26
So I eventually landed at the place where what
27:28
the book people do is
27:31
produce the book, but they
27:33
don't do anything to market the book or promote
27:35
the book or anything. All they do is produce
27:38
the book, get you editors and cover art and
27:40
all that stuff. And even that's
27:42
terrifying because what they're doing is buying
27:44
the book, which means technically
27:46
they own your book now. Like they own your
27:49
IP, they own all your stuff. For a consultant,
27:51
I found that kind of terrifying. Like if I
27:53
wanted to use diagrams in a book that they
27:55
had published, I would have to license them from
27:57
my publisher. Really? Yeah. That's another...
28:00
I haven't heard people talk about. I was like,
28:02
that's dumb. Well, that's why most books are so
28:04
fluffy because you don't want to put all
28:06
the good stuff in there, otherwise you've got to license it back from
28:08
your publisher. This
28:10
is the other thing I learned is that book
28:12
publishing is like a hits based business. So
28:15
what they want is a book that's like
28:17
chicken soup for the soul. You know, something
28:19
really fluffy, really broad applies to everybody and
28:22
they're hoping you get a hit. What
28:24
I wanted to write was
28:27
something really specific for practitioners
28:29
that was really narrow. And so that didn't
28:31
go so great with them. So eventually I did
28:33
get a deal with a publisher, but
28:35
we got into like basically a
28:37
disagreement. They wanted me to write
28:39
positioning for your life, you know,
28:43
and I was like, that's not the business
28:45
I'm running here, people. I work with tech
28:47
companies. That's it. Like, you know, and so
28:49
I ended up firing them and going self
28:51
publishing, which in my opinion
28:53
was the best decision I could have made for
28:55
like a thousand different reasons, but mainly because I
28:57
really knew my audience. I knew what they wanted.
29:00
I knew what I wanted to do with this
29:02
book and I needed to have the creative control
29:04
to build a product that I knew I needed
29:06
for this business. And I'm super happy that I
29:08
did that. Was it difficult for you
29:10
to fire the publisher you had an agreement with?
29:13
I was really lucky. They hadn't paid me my
29:15
advance yet. And so if they
29:17
had a paid me my advance, that would have
29:19
been bad news, but they hadn't paid me the
29:21
advance yet. So I just said, look, it's
29:25
not me. It's you. Bye. So it was bad. You
29:30
know, it's funny. They came back to me like three years later
29:33
and said, wow, like, looks like
29:35
you're selling a lot of books, April. We'd like
29:37
to buy that book off you. And I said,
29:39
really? Oh, that's cool. How much,
29:41
you know, and then we went, we got
29:43
talking about a deal and the deal was
29:45
stupid. It was like the dumbest sales pitch
29:47
I've ever heard in my life. Actually. It
29:49
was like, you give us
29:51
everything and all your pipeline, everything. We
29:54
will take all of the
29:56
royalties and you will get the privilege.
30:00
saying that you were published by XYZ with
30:02
a little sticker on the back and I'm
30:04
like, you're joking, right? Man,
30:07
man, oh man. So here's one question
30:09
I have for you with what a
30:11
publisher does potentially. Did
30:14
you care about bestseller lists at
30:16
all? Because it seems like that
30:18
carries some cache and might even
30:20
have some reporting promise as
30:22
opposed to self-publishing? Yeah. So
30:24
I decided that didn't matter. So
30:27
here's the thing. You can self-publish and
30:29
be bestseller on Amazon. Anyone could do
30:31
that. In fact, that's kind of a
30:33
meaningless thing like bestseller. Like if I just
30:35
make my, if anybody makes their book 99
30:37
cents, they'll be bestseller for a
30:40
day in some category. So that means nothing.
30:42
But if you wanted to say you were
30:44
New York Times bestseller or Wall Street Journal
30:46
bestseller, you have to
30:48
be published traditional way because those lists
30:51
don't count self-published books. So they
30:53
don't count anything that's print on demand.
30:55
They do everything through this thing called BookScan, which
30:58
is kind of a thing with the publishers. And
31:00
so if you self-publish a book, you will not
31:02
ever show up on the bestseller
31:04
list on any of those bestsellers.
31:07
And so, you know, I wondered
31:09
like, would that do something
31:11
for me? Like if I was New York
31:13
Times bestseller, would that change my life?
31:15
And so I met a guy and he
31:18
essentially bought himself a New York Times
31:20
bestseller. So what he did was he's
31:22
a very famous marketer. He's a really,
31:24
really big email list, like hundreds and hundreds
31:26
of thousands of people. He got an
31:28
agent. The agent shopped him around.
31:30
He got a book deal and he got
31:33
a spectacularly huge advance, like $100,000 advance,
31:36
which, you know, for a new author
31:38
who isn't like a famous person, that's
31:40
a big deal. And then he took
31:42
the entire $100,000 and gave
31:45
it to a company that goes
31:47
around and buys books at
31:50
the specific stores that count for your New
31:52
York Times bestseller thing and had all those
31:54
buys happen in one week so that he
31:56
popped up on the list for like one
31:58
week. And that was... was it? And
32:01
I could tell you this guy's name, I won't because I don't
32:04
have permission to talk about him. But you don't
32:06
know that he's a New York Times bestseller. Like
32:08
he didn't get anything that goes with being a
32:11
New York Times bestseller. And so
32:13
I just kind of decided, who cares?
32:15
Like for what I do, like if I
32:17
was a fiction book, like if I was
32:19
Harry Potter, that'd be different.
32:21
But I just wanted
32:24
to sell a lot of consulting and
32:26
use this book as a way to make that easier. So I
32:28
kind of didn't care. Like I mean,
32:30
it'd be good for my ego, but I think it's
32:32
kind of important to separate out your ego on that.
32:35
And you know, and I've sold a lot of books, like really
32:37
a lot of books, so I feel good about that. Yeah,
32:39
probably enough, probably enough to put you
32:41
on the list. I absolutely would have
32:44
made an all-tree journal bestseller for
32:46
sure. There's no question in my mind,
32:48
I would have made that one. I don't know if I would
32:50
have made New York Times bestseller, but who cares? Yeah,
32:53
this is the racket that
32:56
exists within the industry that I want to point
32:58
out. I'm using that word very specifically because that
33:00
word actually has meaning. But can I tell you
33:02
a little detail here? Please. When I
33:04
did the math, you know, when I was working
33:06
with the publisher, they were going to give me
33:08
a little advance, 10 grand, 20 grand, something like
33:11
that. And that's an advance on your royalties. And
33:13
so the royalties, the way they calculate it, Amazon
33:15
takes 30%, the publisher takes
33:17
another 50% or something.
33:19
So you're left with like 10% or something,
33:22
so like some little slice. So you know,
33:24
less than a buck a buck or something is
33:26
usually what happens. And so when
33:28
I did the math on that, I was like,
33:30
Oh, man, I'm not making any money on books,
33:32
you know, and everyone says that nobody makes any
33:35
money on books. Yes, yes. Okay, so then I
33:37
switched to self-publishing. The way self-publishing worked was I
33:39
hired a company, and they did everything the publisher
33:41
would do. So two rounds of edits, made my
33:43
cover look pretty, get everything interior design, get it
33:45
all set up on all the systems, you can
33:47
buy it in a book store if you want
33:49
to all that stuff, and I just paid them
33:52
up front. So for the first book, I paid
33:54
$20,000 to make that
33:56
happen. So I did all that. And then
33:58
the book came out. So now we'll go the book is selling, I
34:01
only lose the 30% that Amazon takes.
34:05
So I'm actually making a few dollars a book, but
34:07
I'm not looking at it because I'm thinking, well, that's
34:09
not money. No one makes money on books. So then
34:11
I got to the end of the year and my
34:14
accountant said, Hey, April, what's
34:16
the revenue on this book? We need to figure this out.
34:18
You know, we got to put this in on your taxes
34:20
and stuff. And I'm like, yeah, okay, let me
34:22
pull the thing out of Amazon. So I'm selling
34:24
maybe 95% of my books
34:27
are on Amazon. So I go on Amazon. I
34:29
download the report and it pulled this thing
34:31
to look at how much did I make
34:33
in royalties for the year? And it wasn't
34:35
even a full year because the book didn't
34:37
come until May. And I had
34:39
made $70,000. Wow.
34:43
Almost that large advance you were just
34:45
talking about that some people. Like people
34:47
that's not nothing. Yeah,
34:50
totally. So I was like,
34:53
Oh my God. It was like free money. And
34:55
then the crazy thing is the book
34:57
sold more the second year than it did
34:59
the first year, and I'm
35:02
now on year three or something. And
35:04
my book sales are completely flat. So
35:06
it's cranking that year after year after
35:08
year. Now I would have given
35:10
that away all of that. And
35:13
instead what I paid 20 grand upfront
35:15
to do their part only
35:17
cost me 20 grand. So if you
35:19
have faith in your ability to be able to market and
35:21
sell a book, why the hell would you give it away
35:23
to these people that don't do anything for you? And
35:26
I would imagine the book is the best source of
35:28
lead gen that you have. Oh, absolutely.
35:30
So if I, you know, if I counted all
35:33
that money I made off consulting, like
35:35
ridiculous, it's the most high ROI thing
35:37
I've ever done in my life.
35:42
After one more short break, we talk about
35:44
April's launch and the promotion strategy for her
35:46
book. So don't go anywhere. We'll be right
35:48
back. Okay. You
35:51
may or may not know that I have a
35:53
bit of a domain buying obsession, whether it's a
35:55
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35:57
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36:02
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36:09
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36:11
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36:16
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36:18
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36:23
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36:27
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36:48
K B U n.com/creator. And
36:52
now please enjoy the rest of my conversation with
36:54
April Dunford. On your website when
36:56
I look at the book pages you push people to Amazon. Why
36:58
not sell directly through your website to people who are looking at
37:00
the books on your website? Shipping. I
37:03
just don't want to deal with shipping. Right?
37:06
Like I would have to figure that out. And
37:08
people are all over the world. And I
37:10
live in Canada. So you know you get all these people
37:12
in the US and I'd have to deal with shipping. I'm
37:15
just like pain in the ass. Don't want to deal with it. Again
37:18
another thing that I admire about you and your
37:20
business model. Even things that like I could
37:22
do that. Sounds like a pain in the ass. I'm not going
37:24
to do that. Yeah. I mean if you
37:27
think about my time my time's worth a lot of money. And
37:29
for the number of people that would actually buy it from there
37:31
I just kind of looked at it and went I
37:34
don't know. Again I'm talking about CEO of a
37:36
company that makes 50 60
37:38
million revenue. They're just going to go
37:40
buy it on Amazon. Yeah. And if
37:42
you don't love Amazon you can go to your
37:44
local bookstore and order it and it'll
37:47
come in the same as it would if I was at
37:49
the traditional publisher. So you can get it anywhere
37:51
you get books. Again
37:53
I wasn't ever thinking about oh I'm trying
37:55
to optimize for book revenue. But if I was
37:58
really trying to optimize for book revenue. Yeah, I'd
38:00
probably think about that. Are you willing to
38:02
share the name of the company or how you found
38:04
the company that helped you do the like setup to
38:06
print this? Yeah, yeah, they're incredible.
38:08
So they're called Page 2, all
38:11
one word, P-G-E-T-W-O. You've
38:14
probably heard of them because anybody who's
38:17
serious about self-publishing is working
38:19
with them. And you know, I worked with them
38:21
on the first book and I didn't really know what I was doing.
38:24
And they were kind of new in
38:26
business too. And so we kind of
38:28
bumbled our way along, I think on the first book.
38:30
But I went back to them to do the
38:33
second book and I gotta say like that whole
38:35
process was perfect.
38:37
Like I couldn't
38:39
imagine doing a book with anybody else. So
38:41
they just basically do everything. You pay them
38:44
upfront. And in my
38:46
opinion, like if you look at the
38:48
people they have working there, they all
38:50
come from traditional publishing. So you're working
38:52
with editors and people that also edit
38:54
books from a grail or wherever. So
38:56
it's the same quality. So
38:58
they have a really great process for doing
39:00
several rounds of edits to make sure you get
39:03
a really, really good quality book. They
39:05
were really good with me. Like I had a
39:07
very specific idea of how I
39:09
wanted the book to look. Like I
39:12
did a lot of research with CEOs before I wrote
39:14
the book. And what I wanted it
39:16
to be was like an in-flight magazine, like
39:18
lots of white space, easily
39:20
skimmable, quite short word
39:23
count wise, but spaced
39:25
out. And they did an
39:27
amazing job with that. And then professional
39:30
looking cover and then all the backend stuff,
39:32
like get me set up on all the
39:34
places. And they'll even handle
39:36
things like bulk book buys if you
39:39
want to sell bulk books because you're
39:41
speaking at a conference or something like
39:43
that, they do that. Audio book, everything,
39:46
everything. So super easy. And the
39:48
only downside is you got to cough up the
39:50
cash upfront. And the second book
39:52
was more expensive than the first book because they're a
39:54
better company now. But in my opinion,
39:57
super worth it. I want to give a
39:59
shout out to the book. Write useful books
40:01
which I read that really talked
40:03
about self-publishing The image
40:05
that stands out in my brain from that book
40:07
that I can't stop thinking about is he said,
40:10
you know in a traditional publishing world Everything
40:12
is optimized for the presale and then the
40:14
week of publish because most people in traditional
40:16
publishing are trying to hit that best-seller List
40:18
and if you look at book sales For
40:21
most traditionally published books you have a spike
40:23
in sales and then it's just like a
40:25
slow decline forever After that and
40:28
what you're describing in the self-published world It's the
40:30
same methodology in this book write useful books You
40:32
wrote a very specific book for a specific audience
40:34
that teaches them how to do something Which
40:37
has generated positive word of mouth
40:39
and you're actually seeing sustained sometimes
40:41
growing sales year over year Yeah,
40:44
seems like a pretty good alternative.
40:46
I treated like I come from tech,
40:48
right? It is so like I'm an ex
40:50
VP marketing in tech So I treated the
40:52
whole thing like a product launch like you
40:55
wouldn't call that a successful product launch of
40:57
the product only sold for a week Would
40:59
you? No, no,
41:02
that would be a bummer So,
41:04
you know again if you take that whole I
41:06
got a you know Ego thing
41:08
like I gotta be New York Times bestseller
41:10
thing if you take that out of the
41:12
equation Then what you really want
41:14
is a book that generates a lot of word
41:16
of mouth because that like for my audience That's
41:18
the only way they hear about books is word of
41:20
mouth And so, you
41:23
know, first of all, you got to write a book that's
41:25
really good like you got to write a book that's good
41:27
and useful and all the rest of it and Then
41:30
launching it is you know, it's just like launching
41:32
a product. There's a bunch of things you do
41:35
before the launch There's the launch but the
41:37
launch is kind of whatever now it's out
41:39
there But then what you need
41:41
is this kind of sustained set of things
41:44
Carrying on like my original launch plan
41:47
for obviously awesome was a year-long plan
41:49
and it was like pre-launch launch post-launch
41:53
Momentum launch the same way I would do
41:55
it for a product and that worked really good I
41:58
want to talk about that. Can you talk about that? Sure So
42:00
like I'll give you an example, like when I
42:02
was at IBM, if we were launching a product, we
42:05
would have the pre-launch and the pre-launch phase would
42:07
be like, oh boy, this
42:09
thing is coming, it's
42:12
going to be amazing, right? And so
42:14
you're kind of teasing it with
42:16
the press and you're teasing it with your audience
42:18
and you're letting everyone know like, this is the
42:20
thing coming. And then you might
42:22
do pre-orders and pre-orders are just a way
42:24
to get some hype rolling for the thing
42:26
before it's available. So you're, oh, pre-orders are
42:29
available, woo hoo, you know, get on there
42:31
and get your pre-order. And
42:33
then the thing is available. And so you've got
42:35
a week of, you know, really sustained
42:37
effort. Like at IBM,
42:39
we would do big press release, a couple of events,
42:41
a bunch of big stuff going on. But
42:44
then we would have all this stuff planned for afterwards. So
42:47
usually we would do what we call a success announcement.
42:50
So two months after the thing was announced, we'd
42:52
put out a press release and talk about all
42:54
the cool companies using our stuff and all
42:56
the stuff happening. For a book launch, what
42:58
I did on the first one was a few
43:00
months after putting it out, I was like, holy
43:03
cow, I got a hundred Amazon reviews. Look at
43:05
what they say. This is amazing. I can't believe
43:07
how many books I'm selling. You haven't got one
43:09
yet? My God, what's wrong with you? Get
43:12
out there and get that thing. So
43:15
I did that and then the audio book was
43:17
not available at the same time. So I did
43:19
that one later. At IBM, we do a point
43:21
release. So what we do is there'd be a
43:23
couple of features that people really wanted that weren't
43:25
available at the time of the general release. And
43:27
so we'd put that out three, four months later.
43:29
We'd be like, woohoo, you know, new news. This
43:31
thing is out now and maybe it didn't buy
43:33
before because it didn't have this thing, but now
43:36
it has this thing. Come and get it. So
43:38
I held the audio book off a little bit
43:40
and released that one later and it gave me
43:42
a chance to just go out and announce it
43:44
again. And so people were waiting for the audio
43:46
book, were excited and whoo, that was generating some
43:48
stuff online. Yay, the audio book, blah, blah, you
43:50
know, and then I had some
43:52
templates and things that went with the book
43:55
because it's a very much a how-to book.
43:57
And so then I released a new version
43:59
of the book. the templates and everybody
44:01
was excited about that and so there
44:03
was some new supplemental material and
44:06
then at the one year mark, I
44:08
put it on sale. So again, a lot of
44:10
people will put the book on sale on day
44:12
one because they want to hit these best seller
44:14
lists which are stupid and meaningless and I don't
44:16
know why you would do that because your people
44:19
that love you the most are buying on day
44:21
one. So they're happy to pay full price. So
44:24
at the one year mark, I thought, well,
44:26
at a year, that's probably as much
44:28
juice as I can squeeze out of
44:30
this lemon. At the one year
44:32
mark, anybody who hasn't bought now needs a sale.
44:36
So I put this, so I was like, e-books
44:38
going on sale for 99 cents and
44:40
I sold 4,000 books. Wow.
44:44
Can you believe that? Wow.
44:47
At the one year mark, I
44:49
was like, oh, you cheapies. Wow.
44:53
Are you comfortable sharing how big your email audience
44:56
was that you sent that to? I'm trying to
44:58
think of like a proportion of that. Dude, I
45:00
didn't even have an email list. I had an email
45:02
list. I'm not
45:04
doing any of that. Who did you send it
45:07
to? Well, so I did a handful
45:09
of things. So one was, I had
45:11
a sticky little email list. We're talking
45:13
like 5,000 names maybe and this list
45:16
isn't even active. I don't newsletter. I
45:19
hit the list but I probably sold 10 books off to hitting
45:21
the list. I put it all over
45:23
socials. At the time, I had
45:25
50,000 fairly active users on Twitter. This
45:27
is back when Twitter was still good.
45:30
So I put it out on Twitter and that
45:32
generated a bunch of buzz and LinkedIn and whatever.
45:35
And then I also ran a promo on
45:37
this site called Bookbub, which
45:40
if you have it a sale, they have
45:43
this giant audience of people. And so
45:45
I did a Bookbub promo and set
45:47
that up for the same time. And
45:49
so unfortunately, I can't filter out how
45:51
many of those books were Bookbub people
45:53
versus people off my socials and whatever.
45:55
But it did get a lot of action
45:57
on social media, I'll tell you that. Because the
45:59
Bookbub... was just starting to build a bit of
46:01
buzz and then I put the 99 cent
46:04
sale on for 48 hours and there
46:06
was a lot of, like it was all over the
46:08
internet. It was a little hard to miss it actually.
46:11
And then I had this book bump thing going at the same
46:13
time. So yeah, I sold a ton of books. And then the
46:15
crazy thing was is the sale was
46:17
over, but the stuff was
46:20
still all out there. So I actually had
46:22
sustained bump in sales for like two weeks.
46:25
Well, you have a lot of respect in
46:27
the space and friends in the space, other
46:29
people who have platforms, I imagine they're sharing
46:31
the sale a little bit. How much of
46:34
that was organic and
46:36
whatever happens happens? Thank you, friends. Or did
46:38
you do anything to reach out to some
46:40
of your larger scale friends and
46:42
say, Hey, can you help get the word out? Yeah,
46:45
no. So I didn't do any of that. Like
46:47
I was kind of a big nobody before that
46:50
book. Like I didn't have any friends with big
46:53
audience. Okay, okay.
46:55
I misclassified. I
46:57
misread. I mean, I like
46:59
I think of all my friend group, I
47:02
probably had the most audience of anybody, but
47:04
even then I wasn't doing email and LinkedIn
47:07
was not a thing back then like it is
47:09
now. And so Twitter, again, I
47:11
didn't have like hundreds of thousands of followers
47:13
on Twitter, but I had a very engaged
47:15
50,000. And so
47:18
if I was talking about stuff that usually got a
47:20
lot of action. And then I
47:22
had this little email list, but I wasn't
47:24
doing anything with it. And you know, I've
47:26
just started getting serious about email. I actually
47:29
literally just launched a newsletter,
47:32
like this week, which is going
47:34
to be awesome. But I finally
47:36
decided the time has come April
47:38
to do the
47:41
damn newsletter. So
47:43
if I hear your marketing plan correctly,
47:45
you said there's like pre launch, pre
47:47
sale launch, and then you had a
47:49
couple of post launch additions
47:52
of things to get people excited. And you had
47:54
to sale at the end. I
47:56
love that because you're basically creating all
47:58
of these many marketable. events
48:00
throughout a period of time. Are you
48:03
saying that you had all
48:05
or most of that planned out beforehand? Yeah.
48:08
Okay. Yeah. So I had a launch plan. Again, I'm
48:10
VP marketing, right? So it's like, we're going to launch
48:12
something. We got to have a little launch plan.
48:15
So I had a launch plan and it
48:17
had stuff happening every six weeks. So
48:19
every six weeks, there was something to talk
48:21
about. I got to remember all the
48:23
things. It was something about
48:26
reviews. It was audio book.
48:29
Oh, I did a little thing around
48:31
the holiday time where I was giving
48:34
away stupid stickers and bookmarks and
48:37
stuff like that. So I had this sticker
48:39
that said, marketing can polish
48:41
a turd, but positioning can transform
48:43
your turds into fertilizer. So I
48:46
put that on a bookmark and stickers and I
48:48
gave that out. And so that was kind of
48:50
meme-able, you know, so people were sharing that around
48:52
because it was stupid. And so I did
48:54
that. Oh, the templates was another
48:57
thing. I think
48:59
what else I had, like literally I had something every
49:01
six weeks, but it was like some things were more
49:03
effective than others. I did
49:05
a big thing when I hit like a thousand reviews on
49:07
Amazon, which was incredible to me. And I
49:09
was like, holy crap, I'm at a thousand
49:12
reviews. People. How
49:14
big is your team? It's just me, man. It's
49:16
just you. This is the team. Well,
49:19
I have a gal that part time, like I'm
49:21
not her only client, but part time helps
49:23
me with some admin stuff, but that's it. Well,
49:26
how would you describe if I had a pie
49:28
chart of your time? Because there's so much that
49:30
falls into your time if it's mostly just you.
49:33
How would you describe like the biggest segments
49:36
of that pie for where you're putting your time right now? Well,
49:39
I would say so, you know,
49:41
actual work with clients is
49:43
about 50% of my time. Wow.
49:46
OK. So like actually on a
49:48
plane or in a room with clients,
49:51
about half. Like I'm actually hoping to dial
49:53
that down a little bit, but I'm still
49:56
doing like two weeks out of four between 30
49:58
and 50. percent
50:00
of my time is me with
50:02
clients doing stuff. And then
50:04
if I look at the rest of the time, you know,
50:07
it's bursty. You know,
50:09
if I think about putting a book out, that's a bit
50:12
of a big project. And so if you
50:14
look at the last four months, I've
50:16
spent a lot of time, probably
50:18
the other 50% working
50:21
on book promo stuff and getting
50:23
the book out the door. And,
50:25
you know, I launched the podcast,
50:27
partly to promo the book. And
50:30
then the newsletter is brand new too. So
50:32
those two things are really in service to
50:34
helping me get the word out about the
50:36
book. You know, part
50:38
of this is because I lost my main social
50:41
media channel, which was Twitter. It
50:43
just doesn't work anymore. It's just for me, it's
50:45
just gone. My engagement is just falling off a
50:47
cliff. It's not even worth posting stuff on there
50:50
anymore. It's so bad. Um, and
50:52
so I made the switch to LinkedIn about
50:54
a year ago. So I'm like the last
50:56
person to get on LinkedIn. So LinkedIn is
50:58
still underrated. Yeah.
51:01
Yeah. I think it is still underrated. Anyway.
51:04
So I'm doing some stuff there. And then I
51:06
thought, you know, when I got back into a
51:08
regular groove, like posted on LinkedIn felt like
51:11
blogging to me. In
51:13
a way, Twitter didn't like Twitter was always fast
51:15
and easy for me. And so I thought this is
51:17
great. This is like, I don't have to have a newsletter. I can
51:19
just do this. And this is really easy. I can do it on
51:21
edge time and I'm good at it. But
51:23
when Twitter went away, that got me thinking about
51:26
what am I actually doing for content
51:28
these days? And so I switched to LinkedIn,
51:30
but LinkedIn felt like blogging. I was like,
51:32
well, for the amount of time I'm putting
51:35
into doing a good media LinkedIn post, this
51:37
should be a newsletter. So, you know,
51:40
then I spent some time thinking about how did I want
51:42
to do that? In the end, I settled on sub stack.
51:45
So I launched that this week
51:47
or last week with the
51:49
new and improved templates for both the
51:51
books as my lead magnet to get
51:54
people to come and subscribe to the
51:56
thing. But that's doing okay. And so now
51:58
I got a little, I got a little newsletter. I think I got
52:00
13,000, 14,000 subscribers over there. I
52:05
started this conversation saying that a lot
52:07
of my friends have spoken about your
52:09
business model, how much they admire it.
52:11
I think a lot of it is
52:13
because of the leverage that you've created.
52:15
You have scale with the book. You're
52:17
doing client work, but it's a higher
52:19
priced, very leveraged in that way as well.
52:22
It's still just you and your decision criteria for
52:24
a lot of things it seems to be is
52:26
do I want to do this? It's
52:28
so awesome in a way. If
52:31
early career April knew that this
52:34
is where it all ended up,
52:36
oh man, that's pretty good. I
52:39
take the whole summer off. Companies
52:42
don't want to do strategy stuff in July and
52:44
August and everybody's on vacation. It's really hard
52:46
to get everybody together. I just don't work
52:49
in July and August. I
52:51
very deliberately didn't want to have
52:54
employees. I managed teams
52:56
my whole professional career when I was
52:58
in-house. I just
53:00
didn't want to be responsible for people. I didn't
53:02
want to ever have to
53:05
say, oh gee, I don't like this
53:07
client, but I got to take them otherwise
53:09
my team doesn't eat. When
53:11
it's just me, I could say, you know what? I'm
53:14
just not going to work with these people because I don't want to work with
53:16
these people. If I decided to take August
53:18
off, I'll take August off and no one's going to cry. I
53:21
wanted the freedom that
53:24
you get without having a staff. The
53:26
other thing was that I know a lot of people with
53:28
agencies and I just think it's really hard to
53:30
build a good profitable agency. I
53:32
was like, nope, it's just going to be me. I'm just
53:35
going to sell my brain. That's it. That's
53:37
worked out way better than I thought it would. Well,
53:40
let's close this conversation then with
53:43
one, I said I'd return back to what you said
53:45
about the 35-year-old version of yourself. Some
53:47
of the same friends who have talked about your business model have
53:49
said that you've told them, I would
53:51
have screwed this up if I had
53:53
done it earlier. I
53:56
would. I
54:00
totally would have blown this if I did
54:02
it earlier. So the great thing about doing
54:04
this in my old ladyhood is
54:06
that one, there's all this
54:08
comfortableness that I've already made my money
54:10
to a certain extent, I can afford to
54:12
have a few years that are kind of
54:14
lean and whatever. The other thing
54:17
is that if I had done it when I
54:19
was 35, I'd
54:21
be thinking about this like, how do I
54:23
make this really big and sell it? Like,
54:26
how do I, I'm gonna put all this
54:28
energy into this thing, I'm gonna grow it
54:30
really big, and then it's gonna get acquired,
54:33
and I'm gonna make my bajillion dollars
54:35
or whatever. And again, I've
54:37
seen that model not work.
54:39
Like, I think it's quite hard to build
54:41
a good profitable agency. It's obviously not impossible,
54:43
there's lots of people doing it. But there's
54:45
a lot of people that try to do
54:47
it, and when I look at their businesses,
54:49
they're barely paying themselves. And
54:52
there's none of the good stuff of
54:54
being on your own with that. So I
54:57
probably would have went down that path because
54:59
I would have been worried about, well, is
55:01
this thing just me? And how
55:03
do I extricate myself from the business
55:05
and blah, blah, blah? And
55:08
because I'm doing this when I'm old, I
55:10
was kind of like, I literally went on
55:12
vacation to the beach and drew this little three
55:14
circle thing, I wanna do my best work of
55:16
my career with good people and get paid fair
55:19
money, and that's it. There is no back end
55:21
on this thing. There is no big exit at
55:23
the end of this thing. And
55:25
that's fine. I'm
55:29
actually living the dream. But I think I would
55:31
have been so worried about the back end on
55:33
the thing if I'd done it when I was 25 or 35 or whatever.
55:37
I would have messed it up. This
55:45
conversation had a huge impact on the
55:47
way that I've been thinking about traditional
55:49
publishing versus self-publishing. I hope it impacted
55:51
you as well. If you wanna
55:54
learn more about April, you can visit her website
55:56
at aprildunford.com. Links to that as well as their
55:58
social profiles are in the show notes. Thank
56:01
you to April for being on the show. Thank
56:03
you to Adam Lockwood for editing this episode. Emily
56:05
Clowes for our artwork and Brian Skeel for our
56:07
music. If you like this episode, please
56:09
let me know. You can tag me on Twitter
56:11
or Instagram at Jake Clowes to say thank you.
56:13
And if you really want to say thank you,
56:15
please leave a review on Apple Podcast for Spotify.
56:17
Thanks for listening.
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