Alright, it's almost March. So that means you've got those feeble New Years Resolutions wrapped up and you've got your googly-eyed Valentine's Day mushy stuff taken care of for the year. What does that mean? It means it's business time!
That's why we (FortySeven Media and Bright Newt) are all kinds of excited to tell you that our newest business course is available! This is a streamlined, focused look at making the most money your business can make. What's it called? Freakishly Profitable.
For many years, the only way FortySeven Media took money was by paper check. That check then had to be taken to the bank and deposited before the money would be in our account. This worked ok when we were sending invoices spaced out between project phases, but we recently moved to tracking our time and invoicing every two weeks. Obviously more checks were going to be going out, and the time tracking software we were using (Harvest) had built in support for accepting credit cards.
It was time to start taking digital payments.
Harvest (or just about any invoicing software) supports a lot of different gateways and merchant accounts so we did some research before settling on one. I'll just be covering the “big three,” as these should be available for most apps, but let me know in the comments if we should be talking about some other ones.
Finally, we're based in the US so some of these may not be available if you're out of the country. Let's get started!
January, or Planuary as we've called it before, is that magical time of year when you take a step back, reflect on the past and make big plans for the future. There's just something about the new year - as cliched as it might be - that lends itself to fresh starts, resolutions, resets and power-ups.
Last year we put together a nice little planning sheet and video on Kicktastic and we'll be using that for 47m as we move into 2014. But that's not what I'm here to talk about. Nope. I want to ask you if you're doing any of this planning, prepping and polishing at home, too.
The truth is, when you have your own company many of those dreams, goals and plans directly affect your personal life, too. Are you including your husband or wife in that planning? If not, you should be.
One of our recent tips over on Kicktastic was about Keeping Your Overhead Low - making sure you really need all those expenses you may have piled up. And one that piles up quickly for most of us are domain names. You know the one you bought because you had a great a idea but never got around to it -x 20? Twenty extra domain names and you're losing at least $200 a year. Not to mention the time sifting through renewal and registration emails.
For those of you keeping track, we started Kicktastic back in June of 2012. The idea was to take what we learned using the Kick Awesome Show to make more money and have more fun, turn it into a product and sell it. That plan morphed into a subscription based model where we would keep creating content each week, interview other awesome business owners and share the knowledge.
With people paying us each month we really felt obligated to crunch out the content—nearly 100 videos and 50 blog posts in a little over a year. I'm getting tired just thinking about that.
And though we made a bit of money, we just felt like something was missing. After lots of conversations, feedback from people we trust, and some inspiring talks at World Domination Summit 2013, we finally figured it out:
You've probably heard us talk about Stripe before. It's a great alternative to Paypal or a merchant account with your bank. But it's built for developers. Trying to just sell one off products or classes with it - or maybe even accept payment for a service is kind of difficult.
Let me tell you that creating our first product has been a grand adventure. Our little web design business training membership program has gone through a ton of changes. Some big (like bringing a partner on) and some small (like the endless tweaking we've done).
And that's not including the content. In fact, since we launched last year we've created over 65 videos and nearly 30 blog articles. Dang. Nap, anyone?
But back to the changes. We've got some exciting news for you guys:
What are you doing next Thursday? Maybe you'd like to learn how to make your business freakishly profitable?
Turns out the Kicktastic crew is doing a 3 hour workshop at ConvergeSE on Thursday, April 25th about that very thing!
We've been there - getting worn out on small processes and tasks, not making enough money, getting lost in tedious client work and having cashflow problems. We want to help. We'll give you practical tips for turning pain into profit - and we'll have lots of fun doing it.