- Thread starter
- #31
ORStrat
Contributor
User Power
Value/Post Ratio
150%
- Mar 7, 2023
- 30
- 45
4 MONTH UPDATE:
So, one month since my last update and four months since I started this thing. The other day I felt like i'm no acheiving enough, but then I looked at my journal and realised how much I'd progressed. This time 12 months ago, it was all just an idea and a website with a vague value proposition. Now it's all starting to seem real!
On major positive: I think I've hit the niching down part. I know what I want to do now. I'm going to offer customer insights research and analysis, which involves interviewing customers, analysing customer data, researching customer profiles etc. I've really found this interesting and I've done two-three projects like this which have gone really well and I've enjoyed. I'm going to try and do this generally, and eventually niche down into an industry. For example, a consultancy that helps cyber securities understand their customers. Then I can use all the data I collect to produce and sell reports.
I'm taking it pretty slow. I had a few new clients this month and delivered great results for them. Really enjoyed the work too. I have a habit of trying to push myself and take on as much work as possible, which often fogs my brain and makes my performance worse.
I also said in my last post: "I am also a little nervous, as for one of the clients, the report seems quite difficult to do, so I do wonder if I have made the right decision by taking a difficult project on. But my plan is to work really hard at it, communicate well with the client and get it submitted way before the deadline." - This didn't end great as the client wasn't happy with the work I produced but I thought that they didn't communicate what they wanted very well. I ended up putting in extra effort to deliver something of worth and charged them 30% of the project. I think they understood that they hadn't communicated well and I admitted I was a little ambitious on taking on the project. They appreciated my honesty and the fact I was apologetic and that I never never blamed anyone and they said we'll have a call again soon to work together on a smaller project.
LESSON LEARNED: Some projects are too big! Know your limits (Which I never do!).
I also tried hiring, that went rubbish, but it's taught me a lot. I now need to develop a more rigorous interview process which asks more specific questions and gives a test similar to the work we would do in real life.
The plan is in the next month to just keep delivering good work, develop a hiring and cold outreach process and not to try and push myself too hard and grow too fast. I need to take it steady and grow slowly.
This is the first time during my journey where I've felt confident. I now know my product, my offering, my value proposition, my ideal customer, my [future] niche and my plans for the future. In previous months, i've always felt less confident.
So, one month since my last update and four months since I started this thing. The other day I felt like i'm no acheiving enough, but then I looked at my journal and realised how much I'd progressed. This time 12 months ago, it was all just an idea and a website with a vague value proposition. Now it's all starting to seem real!
On major positive: I think I've hit the niching down part. I know what I want to do now. I'm going to offer customer insights research and analysis, which involves interviewing customers, analysing customer data, researching customer profiles etc. I've really found this interesting and I've done two-three projects like this which have gone really well and I've enjoyed. I'm going to try and do this generally, and eventually niche down into an industry. For example, a consultancy that helps cyber securities understand their customers. Then I can use all the data I collect to produce and sell reports.
I'm taking it pretty slow. I had a few new clients this month and delivered great results for them. Really enjoyed the work too. I have a habit of trying to push myself and take on as much work as possible, which often fogs my brain and makes my performance worse.
I also said in my last post: "I am also a little nervous, as for one of the clients, the report seems quite difficult to do, so I do wonder if I have made the right decision by taking a difficult project on. But my plan is to work really hard at it, communicate well with the client and get it submitted way before the deadline." - This didn't end great as the client wasn't happy with the work I produced but I thought that they didn't communicate what they wanted very well. I ended up putting in extra effort to deliver something of worth and charged them 30% of the project. I think they understood that they hadn't communicated well and I admitted I was a little ambitious on taking on the project. They appreciated my honesty and the fact I was apologetic and that I never never blamed anyone and they said we'll have a call again soon to work together on a smaller project.
LESSON LEARNED: Some projects are too big! Know your limits (Which I never do!).
I also tried hiring, that went rubbish, but it's taught me a lot. I now need to develop a more rigorous interview process which asks more specific questions and gives a test similar to the work we would do in real life.
The plan is in the next month to just keep delivering good work, develop a hiring and cold outreach process and not to try and push myself too hard and grow too fast. I need to take it steady and grow slowly.
This is the first time during my journey where I've felt confident. I now know my product, my offering, my value proposition, my ideal customer, my [future] niche and my plans for the future. In previous months, i've always felt less confident.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
