Mistake #1(0:32) : Quitting your day job too quickly. (He was lacking systems and habits for client acquisition.) Mistake #2 (1:57): Pricing based on time and not deliverables. (He felt dishonest and hated tracking time.) Mistake #3 (3:25): Not filtering clients. (Ensure you can exceed client expectations.) Mistake #4 (4:44): Being too busy for marketing. (Not having multiple avenues for client acquisition is a big risk.) Mistake #5 (5:56): Not prioritizing significance/meaning. (Giving employees and yourself work that has a purpose. Reframing your perception of the value you provide to be a positive.) Mistake #6 (7:31): Being the lynchpin. (Your company relies too much on you for key functions. Eliminate > Automate > Delegate - Tim Ferris paraphrase) Mistake #7 (9:17): Limiting avenues for new business. (Diversify your revenue/clients: change up offerings, strategic partnerships, referrals, content collaboration, inbound and outbound marketing.)
I disagree that you shouldn't take on a client if you're not sure you can meet their expecation. Don't doubt yourself! I do agree that you MUST set an expectation up front. But I think this takes some time and experience to set great expectations. Another banger Chris.
Mark, if you don't know the clients expectations, you can't manage it. if you can't meet it, you are dooming yourself to failure and good dose of stress. that also doesn't mean you should sell yourself short. we've taken on projects we didn't know how to do at the start, but knew that we could figure it out.
@@thefutur wow, thanks for leaving such a thoughtful response. I totally agree with you here. I think what I mean is, each new client has unique challenges that I don't fully understand. But as you said, I know me and my team will figure it out. It's just hard to know what to expect at the start. Some clients see massive results immediately, others it takes longer. I do 100% think it's very very very important to set realistic expectations upfront. If you don't set expectations, you will over promise and under-develiver. Thanks again for the video and thoughtful response. 🙂🙏
Lost my job in June due to covid so didn't have the luxury of easing myself into starting my own business/studio. I'm 7 months down the line now and I couldn't be happier, I could be earning more but I'm doing alright in what is becoming the worst economic climate in our lifetimes so I not being too hard on myself either. My advice would be to just do it or you probably never will.
Improving client relationships is critical to business development. Learning many things managing my business and improving the culture of how I offer the products and services.
I totally agree and resonate with the valued based pricing. I’ve experimented with it as well, and while I still need to learn the art of valued based pricing and how to properly implement it, I find that a lot of the times its made a much smoother transaction with closing a deal when speaking about pricing deliverables.
spectacular. all the above but especially valuable is the idea of developing new business when you are busiest with clients. a) more referrals; b) prospects sense that you are in demand, which builds their confidence and valuations for what you offer; c) when the well runs dry, you can not only seem desperate but also lose the ability to filter clients and garner market value or premiums for your work.
Great video, loved it! One of my goals for this year is to transform my presence online following my passions rather than my normal work, your videos are really giving me some great tips to achieve that
Listening to this was soo real on me, especially the marketing mistake actually everything that is me, a wakeup call for . thank you THE FUTUR for this.
Thank you for such a useful video! I watched it 3 times making notes. Dear The Futur there is something I would like to draw your attention to. It's sound quality. For me, as a non-native English speaker, it was sometimes difficult to understand what Tim was saying, especially when I was listening in the car, I had to pause, go back and read the subtitles. Although Chris's voice sounds as always very clear and clear. Maybe I'm the only one who's had a hard times understanding what's being said but I wish for a better microphone for Tim. Anyway guys thank you so much for the content it's really the best!
Im not even in the designbusiness 😅...and yet, its the only channel allowed in my notifications and makes me go YAY when theres a new upload lol. By far my FAV channel... Thanks SO much you all for continuously creating and sharing valuable and inspirational content
This is precisely some of the issues I have right now- so hearing the solutions (which I guess I intuitively know but fail to implement) is really good! Another great video @TheFutur.
Another aspect I can relate to is that right now, everything is entered around my talent, and yes I am VERY tired. This needs to change, and its nice to hear him say this.
thank you for videos! I'm in process of building a start up and these are perfect quick and useful lessons:) The captions are drawing my attention and indication of time helps to stick to the video till the end:) - I have problem a short attention span. Btw- before I was sooo not into marketing....now new me: let's get to it! :)
I look forward to outsourcing most aspects of my business (leads/ vetting/ editing/ etc) to my videographer, manager and an eventual SEO team so I can focus my energy on consulting & performing. I'm finally in a solid place which feels weird after years of entrepreneurial struggle but well worth it. Hope you made progress :)
I hope Tim reads the Culture Code (which I'm yet to read), if it's anything like the Talent Code, it's going to be a life changing perspective optimising book!
Wow - what an excellent win-win idea for repurposing content! I had watched the original, and still got value out of this - then you will also be able to re-use the footage for another video. Seriously - respect.
Really grateful... This year I was forced to migrate from freelance to a corporate systems. I'd not been paying attention to my personal brand. This is exactly what I need. Thanks Chrisdo.
Hi everyone I just know this channel and it seems a great way to start to learn graphic design as a freshman like me. What would you recommend to me for learning from The Futur ?
I will keep it short. Learn Typography & Color. It's fundamental for good graphic design. Lots of free videos here on the channel, but also check The Futur Academy for courses, I highly recommend it.
The linchpin problem is very very real. And frankly, speaking from experience, i don't even know which is worse: You _wanting to_ be the linchpin, or to work with a friend who has crippling self-esteem issues who just wouldn't behave accountably unless be was the crown jewel of the whole process....
@@thefutur Hey guys, you should reply to old comments when you release a new video. so when the commenter get's notified, he will probably check for the new video. Disclaimer* : This might cause finger pain if you try to reply more people. : )
Wow you cover some tough tips in the video production space! We love what you talk about, keep going. Anytime you are in Scottsdale reach out. If you want, DM us @dmakproductions on Instagram and we can chat. You do really great work.
Hi there I enjoy your videos alot. I hope to help you increasing your viewerships. This by subtitle your videos to Arabic and sharing it in many groups for Arab. I have Bachelor's degree in English literature. Don't worry about the charge. I will just charge 5$/2 minutes Check the opinion of the last youtuber I dealt with : "Thank you for the translation: It really had a great effect, I gained a lot of exposure from it"
Mistake #1(0:32) : Quitting your day job too quickly. (He was lacking systems and habits for client acquisition.)
Mistake #2 (1:57): Pricing based on time and not deliverables. (He felt dishonest and hated tracking time.)
Mistake #3 (3:25): Not filtering clients. (Ensure you can exceed client expectations.)
Mistake #4 (4:44): Being too busy for marketing. (Not having multiple avenues for client acquisition is a big risk.)
Mistake #5 (5:56): Not prioritizing significance/meaning. (Giving employees and yourself work that has a purpose. Reframing your perception of the value you provide to be a positive.)
Mistake #6 (7:31): Being the lynchpin. (Your company relies too much on you for key functions. Eliminate > Automate > Delegate - Tim Ferris paraphrase)
Mistake #7 (9:17): Limiting avenues for new business. (Diversify your revenue/clients: change up offerings, strategic partnerships, referrals, content collaboration, inbound and outbound marketing.)
Thanks David
I need more of this guy.
Ridiculously kind thank you Yash -Tim
Great talk, my main takeaway here is seeing how important it is to have great systems in place
"Too busy for marketing" (Raises hand)
I disagree that you shouldn't take on a client if you're not sure you can meet their expecation. Don't doubt yourself! I do agree that you MUST set an expectation up front. But I think this takes some time and experience to set great expectations. Another banger Chris.
Mark, if you don't know the clients expectations, you can't manage it. if you can't meet it, you are dooming yourself to failure and good dose of stress. that also doesn't mean you should sell yourself short. we've taken on projects we didn't know how to do at the start, but knew that we could figure it out.
@@thefutur wow, thanks for leaving such a thoughtful response. I totally agree with you here. I think what I mean is, each new client has unique challenges that I don't fully understand. But as you said, I know me and my team will figure it out.
It's just hard to know what to expect at the start. Some clients see massive results immediately, others it takes longer.
I do 100% think it's very very very important to set realistic expectations upfront.
If you don't set expectations, you will over promise and under-develiver.
Thanks again for the video and thoughtful response. 🙂🙏
Lost my job in June due to covid so didn't have the luxury of easing myself into starting my own business/studio. I'm 7 months down the line now and I couldn't be happier, I could be earning more but I'm doing alright in what is becoming the worst economic climate in our lifetimes so I not being too hard on myself either.
My advice would be to just do it or you probably never will.
Tim's dropping some hot knowledge here. Great talk!
Improving client relationships is critical to business development. Learning many things managing my business and improving the culture of how I offer the products and services.
I totally agree and resonate with the valued based pricing. I’ve experimented with it as well, and while I still need to learn the art of valued based pricing and how to properly implement it, I find that a lot of the times its made a much smoother transaction with closing a deal when speaking about pricing deliverables.
spectacular. all the above but especially valuable is the idea of developing new business when you are busiest with clients. a) more referrals; b) prospects sense that you are in demand, which builds their confidence and valuations for what you offer; c) when the well runs dry, you can not only seem desperate but also lose the ability to filter clients and garner market value or premiums for your work.
Great video, loved it! One of my goals for this year is to transform my presence online following my passions rather than my normal work, your videos are really giving me some great tips to achieve that
Listening to this was soo real on me, especially the marketing mistake actually everything that is me, a wakeup call for . thank you THE FUTUR for this.
Thank you for such a useful video! I watched it 3 times making notes. Dear The Futur there is something I would like to draw your attention to. It's sound quality. For me, as a non-native English speaker, it was sometimes difficult to understand what Tim was saying, especially when I was listening in the car, I had to pause, go back and read the subtitles. Although Chris's voice sounds as always very clear and clear. Maybe I'm the only one who's had a hard times understanding what's being said but I wish for a better microphone for Tim. Anyway guys thank you so much for the content it's really the best!
Im not even in the designbusiness 😅...and yet, its the only channel allowed in my notifications and makes me go YAY when theres a new upload lol. By far my FAV channel...
Thanks SO much you all for continuously creating and sharing valuable and inspirational content
Thank you 🙏
This is precisely some of the issues I have right now- so hearing the solutions (which I guess I intuitively know but fail to implement) is really good! Another great video @TheFutur.
Another aspect I can relate to is that right now, everything is entered around my talent, and yes I am VERY tired. This needs to change, and its nice to hear him say this.
Definitely needed to hear this today! Solid video
Excellent video. Thanks a lot for your time and effort in producing this content
I watched this twice and got notes. This guy says valuable things.
Thank you for all the work you do! All of your content has really helped me!
thank you for videos! I'm in process of building a start up and these are perfect quick and useful lessons:) The captions are drawing my attention and indication of time helps to stick to the video till the end:) - I have problem a short attention span.
Btw- before I was sooo not into marketing....now new me: let's get to it! :)
@08:05 the expression Chris does when he heard that
Truly thank you it's very informative
There’s so much value in your videos! Thanks’ a lot, keep going!)))
That "Too Busy" for marketing part was so me last year. Definitely making a change this year.
I look forward to outsourcing most aspects of my business (leads/ vetting/ editing/ etc) to my videographer, manager and an eventual SEO team so I can focus my energy on consulting & performing. I'm finally in a solid place which feels weird after years of entrepreneurial struggle but well worth it. Hope you made progress :)
This is such great content! Thank you!
Glad you enjoyed it!
Your videos and its value make me feel like I'm in your mastermind
Great insight thank you! I need to watch it again.. :-)
Tim Brown aka Rob Lowe. As always, lovee these videos
Learned so much by watching all of your videos. And I mean all of them. And it’s free 🤦🏻♂️ wish we could give back to you in anyway
"Be a linchpin in your are the employee...but not the linchpin if you are the owner." Fantastic point.
Yes He mentioned a few things that I'm worried about😊 Thank you for great videos!
I hope Tim reads the Culture Code (which I'm yet to read), if it's anything like the Talent Code, it's going to be a life changing perspective optimising book!
Will check it out! - Tim :)
@@HookAgency Awesome, have fun!
this was super good by the way! :) lol
@@HookAgency the culture code? yet to read it still lol, perhaps because I'm not looking to build a team based business...yet
Very Helpful ♥️♥️
Wow - what an excellent win-win idea for repurposing content! I had watched the original, and still got value out of this - then you will also be able to re-use the footage for another video. Seriously - respect.
Thanks
Really grateful...
This year I was forced to migrate from freelance to a corporate systems. I'd not been paying attention to my personal brand.
This is exactly what I need. Thanks Chrisdo.
Wow ! What an interview 🤯
Great content, 👍👍👍
Hi everyone I just know this channel and it seems a great way to start to learn graphic design as a freshman like me. What would you recommend to me for learning from The Futur ?
I will keep it short. Learn Typography & Color. It's fundamental for good graphic design. Lots of free videos here on the channel, but also check The Futur Academy for courses, I highly recommend it.
@@frankie_44 Thanks a lot. I also see courses of Creative Skills on their website are really helpful and I'll purchase some of them later.
we agree.
Thanks
Veeeeeeeeeeeeery valuable. Thanks.
Glad it was helpful!
hi! how can i view their Linkedin? Thanks in advance :)
The linchpin problem is very very real.
And frankly, speaking from experience, i don't even know which is worse: You _wanting to_ be the linchpin, or to work with a friend who has crippling self-esteem issues who just wouldn't behave accountably unless be was the crown jewel of the whole process....
Can't help but notice the DDC print behind Chris
Fact tells but story sells.
Hey Bro, may I know if there is any chance to cooperate with you? A business cooperattion with you
This guy is highly influenced by seth godin.
that's a good compliment.
@@thefutur Hey guys, you should reply to old comments when you release a new video. so when the commenter get's notified, he will probably check for the new video.
Disclaimer* : This might cause finger pain if you try to reply more people.
: )
@@muhammadarfaz7078 is this working?
Wow you cover some tough tips in the video production space! We love what you talk about, keep going. Anytime you are in Scottsdale reach out. If you want, DM us @dmakproductions on Instagram and we can chat. You do really great work.
First!
only 9 views ok
Anyone else blow on their screen to get the “dust” off? 🥴
Hi there
I enjoy your videos alot.
I hope to help you increasing your viewerships. This by subtitle your videos to Arabic and sharing it in many groups for Arab. I have Bachelor's degree in English literature. Don't worry about the charge. I will just charge 5$/2 minutes
Check the opinion of the last youtuber I dealt with :
"Thank you for the translation: It really had a great effect, I gained a lot of exposure from it"