I Blew $200k Trying to Start a Coaching Program episode artwork

EPISODE · Nov 21, 2020 · 6 MIN

I Blew $200k Trying to Start a Coaching Program

from Leveling Up with Eric Siu · host Eric Siu

In this episode, Eric shares the lessons that he learned from losing $200,000 trying to start a coaching program. He talks about not having sales nailed down, why good marketing alone is not enough to sell a product, and other key lessons he learned from this loss. To hear more, tune in today! TIME-STAMPED SHOW NOTES: [00:21] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast! [00:38] The benefits of doing a post-mortem after you complete a project. [01:10] What prompted Eric to start a training program when the pandemic hit.  [01:50] How the campaign for the program was received. [02:15] The problem Eric faced by not having a sales team for the program. [02:50] Some of the things that went really well for Eric. [03:50] Lessons learned from the failure of the training course.  [05:27] If you don’t have passion for your product, don’t pursue it.   Resources From The Interview:   Traction Leveling Up   Leave Some Feedback:   What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below. Did you enjoy this episode? If so, please leave a short review here Subscribe to Leveling Up on iTunes Get the non-iTunes RSS Feed   Connect with Eric Siu:    Growth Everywhere Single Grain Eric Siu on Twitter

In this episode, Eric shares the lessons that he learned from losing $200,000 trying to start a coaching program. He talks about not having sales nailed down, why good marketing alone is not enough to sell a product, and other key lessons he learned from this loss. To hear more, tune in today! TIME-STAMPED SHOW NOTES: [00:21] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast! [00:38] The benefits of doing a post-mortem after you complete a project. [01:10] What prompted Eric to start a training program when the pandemic hit.  [01:50] How the campaign for the program was received. [02:15] The problem Eric faced by not having a sales team for the program. [02:50] Some of the things that went really well for Eric. [03:50] Lessons learned from the failure of the training course.  [05:27] If you don’t have passion for your product, don’t pursue it.   Resources From The Interview:   Traction Leveling Up   Leave Some Feedback:   What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below. Did you enjoy this episode? If so, please leave a short review here Subscribe to Leveling Up on iTunes Get the non-iTunes RSS Feed   Connect with Eric Siu:    Growth Everywhere Single Grain Eric Siu on Twitter

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I Blew $200k Trying to Start a Coaching Program

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This episode was published on November 21, 2020.

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In this episode, Eric shares the lessons that he learned from losing $200,000 trying to start a coaching program. He talks about not having sales nailed down, why good marketing alone is not enough to sell a product, and other key lessons he learned...

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