- The Competitive Advantage
- Posts
- Don't Count Your Chickens Until They Pay You
Don't Count Your Chickens Until They Pay You
Matt Karamazov
September 16, 2024
📚 Hey! Time to win.
We had a live call inside The Competitive Advantage community on Friday (bi-weekly), and one of our members said that she had 4 people sign up for her coaching program at $200 each, but that they hadn’t paid her yet.
Those alarm bells you’re hearing are the ones going off inside my head, by the way.
Now, she’s an expert at what she does, and she does great work. She knows her stuff. But if you tell me that 4 people have signed up but they haven’t paid you yet…
To me, that means nobody has signed up yet.
The credit card is the confirmation.
That’s the sign that they’re serious, and that they’re literally bought-in.
Anything less than money changing hands means that it’s too early to count your proverbial chickens!
Because people do a lot of talking. You know that, and I know that. Even if, in the moment, they fully intend to follow through with it and sign up, a lot can happen in the interim.
I’m not a fan at all of high pressure sales, or rushing people to hand over the cards either. That’s not how I do business, and I only work with people who have calmly and rationally decided that yes, I am the solopreneurship/branding expert they want to go with and make a lot of money with.
So I’d never advocate rushing to get the credit card info before they have a chance to change their minds.
My clients take all the time they need. They learn about me. They see how I operate, how I do business, how I show up in the world. And then they decide that they want to move forward.
But at the same time…
No one is your client until their banking info says they are.
There are still 11 spots remaining inside The Competitive Advantage community and you can grab one of the last remaining ones here.
If you want my personal help to add between $1-5K/month in monthly recurring revenue to your business, and grow your audience and authority by leaps and bounds at the same time, that’s exactly where you need to be. Join here.
Within My Direct Control:
Finish Reading 20 Great Books | 16 Books Left
Publish 8 New Course Videos | 8 Videos Left
Publish 15 YouTube Videos | 15 Videos Left
Publish 150 Medium Articles | 138 Articles Left
Completely Update My Social Media | Almost Finished
Completely Update My Patreon Page | Incomplete
Completely Update My Newsletter Platforms | Incomplete
Completely Update My Entire Main Website | Incomplete
Launch Affiliate Program for My Paid Community | Incomplete
Update 30 Patreon Book Notes | 18 Book Notes Left
Network with 600 New Authors | 550 Authors Left
Not Within My Direct Control:
Get Monetized on YouTube | 3,484 Watch Hours Left (12.9% Complete)
Negotiate 12 Newsletter Partnerships | 12 Partnerships Left
Organize 12 Instagram Collaborations | 12 Collaborations Left
Reach 119,000 Instagram Followers | 4,252 Followers Left
Reach 24,000 Threads Followers | 3,900 Followers Left
Reach 11,000 Twitter Followers | 3,209 Followers Left
Reach 4,000 Medium Followers | 2,042 Followers Left
Reach 2,000 Facebook Followers | 690 Followers Left
Reach 2,000 LinkedIn Followers | 1,109 Followers Left
Reach 10,000 YouTube Subscribers | 8,449 Subscribers Left
Reach 10,000 Reading Life Subscribers | 5,455 Subscribers Left
Reach 1,000 Competitive Advantage Subscribers | 426 Subscribers Left
Reach 50 Competitive Advantage Members | 11 Members Left
Reach 50 Patreon Supporters | 19 Supporters Left
Note: I’ll update follower counts once per week, since it’s such a waste of time to go through all of them every single night. Also, Threads annoyingly doesn’t give exact numbers. Oh well.
Read 7 New Books | 6 Books Left
Publish 3 New Course Videos | 3 Videos Left
Publish 4 YouTube Videos | 4 Videos Left
Publish 35 Medium Articles | 33 Articles Left
Upload New VSL for Skool Community | Editing Now
Upload Skool Community Testimonials | Gathering Now
Completely Update My Instagram Profile | Almost Finished
Completely Update My YouTube Profile | Almost Finished
Completely Update My Newsletter | Almost Finished
Completely Update My Patreon | Almost Finished
Network with 140 Authors | 140 Authors Left
Note: “Week Three” Runs From September 15th-21st
Woke Up: 1PM
Sleep Quality: 92%
Pages Read: 65
Workout: Rest Day
Work Completed:
Posted 2x on Instagram
Posted 3x on Twitter
Posted 3x on Threads
Posted 3x on LinkedIn
Posted 3x on Facebook
Posted 1x to YouTube Community Tab
Submitted 2 New Medium Articles
Drafted 5 New Medium Articles
Worked on Updating My Website
Worked on Current Author Campaigns
Worked on My Next Book Breakdown
Worked on Next Issue of The Reading Life
Cleared 5,000+ Emails From My Inbox (Ugh)
Managed Paid Competitive Advantage Community
Completely Organized My Workflow for Tomorrow
Forward this to a friend you think would love this post!
If you were sent this, click here to subscribe.
To read past editions, click here.
Click here to recommend The Competitive Advantage on Twitter (X).
Alright so my weekend turned into a pretty productive one! I even just FEEL more on top of things ever since cleaning out my inbox. I mean, I still have a shameful number of emails to get to, but even just making progress on things like that makes a big difference.
Tomorrow I’d LIKE to get my next YouTube published, but we’ll see about that. I also have to publish the next Reading Life newsletter, publish some Medium articles I have queued up, and chase down some accounts receivable :)
But hey, it’s 3:42AM here right now and I’m going to bed!
All the best,
Matt Karamazov
P.S. Whenever you're ready, here are three more ways I can help you:
Work with me personally to scale your business past $5K per month and experience the intoxicating freedom of finally being in control of both your time and your income. High-performers only.
Become a Premium Member of The Reading Life and enjoy unlimited access to 150+ Premium Book Breakdowns, my complete notes from 1,300+ books, exclusive discounts, monthly donations made on your behalf to an incredible literacy charity, and more!
Join The Competitive Advantage, my private business mastermind for creators looking to add at least$1,000/month to their revenue and save at least 20+ hours of productive time each and every week.