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This 7-Step Framework Guided Me to $300K in Monthly Revenueby@jameseffarah
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This 7-Step Framework Guided Me to $300K in Monthly Revenue

by James Effarah
James Effarah HackerNoon profile picture

James Effarah

@jameseffarah

Can someone please make 2FA delightful before I lose all...

January 28th, 2025
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We've just hit $30K per month in revenue for a product launched only 10 months ago. Here's the roadmap we followed to secure those first 100 customers.
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James Effarah

James Effarah

@jameseffarah

Can someone please make 2FA delightful before I lose all my hair.

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STORY’S CREDIBILITY

Original Reporting

Original Reporting

This story contains new, firsthand information uncovered by the writer.

Opinion piece / Thought Leadership

Opinion piece / Thought Leadership

The is an opinion piece based on the author’s POV and does not necessarily reflect the views of HackerNoon.

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Guide

Walkthroughs, tutorials, guides, and tips. This story will teach you how to do something new or how to do something better.

We’ve just hit £30K per month in revenue for a product launched only 10 months ago. If we were to start over today, here’s the roadmap we’d follow to secure those first 10 customers and then methodically power up to the next 100.


Step 1: The Friends + Family Round – Building Your Initial Customer Base

Launching a product can feel as thrilling—and occasionally as nerve-wracking—as setting foot into a wilderness. But one of the simplest ways to navigate early challenges is to lean on your existing network. This often-overlooked approach can be transformative when carried out with intention.


  1. Identify Your Target Companies
    • Define Your Ideal Customer Profile (ICP): First, pinpoint exactly whom you intend to serve. Think of it like selecting the ideal habitat for a species you’re studying: consider the industry, geographic reach, and size of companies that might be most receptive to your product’s benefits.
    • Compile a List of 100 Potential Companies: Use platforms such as Crunchbase and LinkedIn to identify organizations that match your ICP criteria. Aim for a broad mix—both fledgling startups and established enterprises—to keep your potential “ecosystem” diverse and fertile for new relationships.
  2. Research and Identify Key Contacts
    • Leverage LinkedIn: For every company in your crosshairs, look for four or five individuals who could champion or influence the adoption of your product. Think of them as keystone species that can dramatically shape the environment—people in roles like product management, marketing, or operations.
    • Analyze Employee Profiles: Review their professional histories to glean shared interests or mutual connections. Just as ecologists rely on clues in the environment, look for hints such as common groups or mutual acquaintances to make your outreach feel personal and relevant.
  3. Utilize Mutual Connections
    • Map Out Your Network: Use LinkedIn’s “Connections” feature to trace any mutual contacts. In nature, symbiotic relationships can be surprisingly powerful—think of this as harnessing existing bonds to foster new ones.
    • Request Introductions: Draft a concise, genuine request for your shared contact. Highlight how your product might be beneficial, but remember to keep it friendly and respectful of boundaries.
    • Be 20% Shameless: As any field researcher might tell you, sometimes you have to venture beyond your comfort zone. Politely ask for assistance, staying both humble and transparent about your intentions.
  4. Craft Personalized Outreach
    • Develop a Value Proposition: When you reach out, speak directly to the specific issues or opportunities you uncovered. Similar to a scientist presenting relevant data, ensure your pitch resonates with your contact’s role, challenges, or interests.
    • Set Up Initial Meetings: The objective is to kindle a relationship, not to throw a hard pitch on the first encounter. Ask questions, gather feedback, and refine your product as you learn from each interaction.
  5. Follow Up Strategically
    • Maintain Consistent Communication: After your first contact, reinforce the conversation with useful information, relatable anecdotes, or case studies that speak directly to their needs.
    • Offer Incentives: Everyone loves an early reward. Give prospective customers special pricing or features to motivate their commitment to your product.
  6. Gather Feedback and Iterate
    • Solicit Honest Feedback: Like a diligent researcher, probe for candid thoughts on what works and what doesn’t. Let this new data set guide your next steps.
    • Adjust Your Strategy: Be ready to pivot. If your initial approach sparks lukewarm reactions, your willingness to adapt can be the difference between failure and flourishing.
  7. Build a Strong Foundation
    • Nurture Relationships: A single successful encounter is not the end—it’s a seed. Keep watering it with follow-ups, tips, and resources. Eventually, it can grow into powerful testimonials.
    • Leverage Testimonials: Authentic praise from these early supporters can act like a beacon in the wild, attracting more like-minded prospects into your orbit.


Growth Hacking is so not 2012... it's having a 2025 glow up.

Growth Hacking is so not 2012... it's having a 2025 glow up.



Step 2: The Ask: Emphasize Advice and Feedback

When you reach out, avoid leading with, “Can I sell you something?” Instead, invite your potential contacts to share their expertise. A well-framed query might be:“We’re launching something in this space. I know you’ve encountered a lot of solutions in your field. Could I bounce a few ideas off you for next year’s product strategy?


Interestingly, in about one out of five cases, the person will respond with, “Let’s talk about how we might use this.” When they broach the subject first, it shifts the conversation dynamic and creates a more receptive environment for genuine collaboration. Remember, out of 100 such calls, only 8 may be with the right person—but the entire 100 will guide you in identifying who that right person might be.


Step 3: Develop a LinkedIn Content Strategy

LinkedIn can be a fertile watering hole for finding and engaging the professionals who align with your offering. Much like an ecologist attempting to attract specific pollinators, it’s crucial to understand your audience’s habits and craft the right signals.


Define Your Target Audience

Before you post a single update, construct a detailed persona of your ideal customer. Picture their demographic profile, job titles, and the issues they grapple with. For example, you might zero in on a “VP of Content at a 1,000-person DTC brand” who must juggle strategy, analytics, and team leadership.


Plan Your Content Calendar

Maintain consistency by scheduling three LinkedIn posts per week. This regular tempo ensures your audience knows exactly when to expect fresh insights. Tools such as Google Calendar or Trello can be your daily field guides.


Generate Content Ideas

Keep a note-taking tool at the ready for whenever inspiration strikes. If a colleague mentions a problem mid-meeting or you stumble upon an illuminating case study, jot it down. Over time, you’ll gather a thriving repository of ideas to share with your connections.


Create Engaging Content

  • Hook Your Audience: Open with a surprising statistic or a pithy question. Curiosity is a powerful magnet.
  • Provide Value: Offer clear takeaways, actionable tips, or fresh perspectives backed by data and stories.
  • Include a Call-to-Action (CTA): Prompt readers to comment, share, or visit a relevant resource.
  • Use Visuals: An impactful chart or a succinct infographic can crystallize complex ideas in a snap.


Engage With Your Network:

Dialogue is the lifeblood of LinkedIn. When someone reacts to your post, respond thoughtfully. Share others’ content, and join discussions in your feed. Genuine engagement can set off a ripple effect, expanding your influence beyond your immediate circle.


Analyze and Iterate:

Pay close attention to metrics like likes, shares, comments, and click-throughs. Like any good scientist reviewing experimental data, use these insights to refine what resonates best with your audience.


Build Your Network:

Steadily expand your circle by sending personalized connection requests to individuals in your field. A quick note explaining why you find their work intriguing often increases acceptance rates—and sets a warmer tone for future conversations.


Overcome the Initial Hurdles:

At first, your posts may not garner massive engagement. Just as in field research, perseverance is crucial. Each post is a test, a chance to observe patterns and learn from feedback. Keep at it, refine your approach, and soon enough, you’ll find your stride.


Building Connections on LinkedIn: A Step-by-Step Guide

Constructing a robust LinkedIn network is akin to nurturing a micro-ecosystem: each meaningful connection can either flourish into mutual growth or remain a dormant link. Below is a systematic approach for adding prospects to your network in a way that feels authentic and enduring.


Prospecting 🤑💸

Prospecting 🤑💸



Identify Your Prospects

Aim to pinpoint 25 new prospects weekly—be they potential clients, collaborators, or thought leaders in your domain. LinkedIn’s search and Groups features can help you home in on the precise profiles you need.


Send Connection Requests

  • Navigate to Their Profile: Visit their page to understand their background and interests.
  • Click ‘Connect’: Trigger the connection request from their main profile.
  • Skip the Message (for Now): Although it’s tempting to introduce yourself right away, data suggest that a quiet connection request often yields higher acceptance rates.


Understand Acceptance RatesTypically, only about 20% of your requests will translate into connections. Out of the 25 you send each week, expect five to be accepted. Don’t be discouraged; rejection or silence is a normal part of the networking environment.


Avoid Immediate Messaging

Once a prospect accepts your request, resist the urge to message them straight away. Give the relationship room to breathe before diving deeper.


Engage Through Content

When new connections join your network, they’ll see your posts in their feed—your chance to stand out.

  • Share Valuable Content: Whether it’s a thought-provoking article or a concise video snippet, present insights that enhance their day.
  • Be Consistent: Develop a sustainable posting rhythm that puts you on their radar without overwhelming them.
  • Interact With Others: A like, comment, or thoughtful question on their posts can organically deepen your connection.


Build Relationships

Over time, consistent visibility and engagement can transform casual connections into genuine professional alliances.

  • Respond to Comments: Each reply is a nutrient that helps your network grow stronger.
  • Personalize Future Messages: Let your connections see you’ve taken an interest in their opinions or content they shared.

Creating Effective Watering Hole Posts

Imagine a communal resource—a place where peers and industry professionals naturally gather to share knowledge. Watering hole posts fulfill that role on digital platforms like LinkedIn.

  1. Understand Your Audience
  • AddUse surveys, social media analytics, or direct conversations to learn about your audience’s priorities and obstacles. If you cater to the tech realm, your audience might be eager to discuss artificial intelligence or cybersecurity.
  1. Choose a Relevant Topic
    • Address a Controversial Issue: Spark debate on a hot-button subject in your sector—like wind vs. solar in renewable energy.
    • Make a Bold Prediction: Forecast how an emerging technology or trend might reshape the market in five years.
    • Highlight a Common Challenge: Invite peers to help solve a notorious bottleneck, such as high employee turnover in tech.
  2. Crafting the Post
    • Start With a Hook: An intriguing question or striking fact can act like a sudden rustle in the undergrowth, seizing attention.
    • Provide Value: Draw from personal anecdotes or reliable data to lend credibility and depth.
    • Encourage Engagement: Pose open-ended questions or invite alternative viewpoints to stimulate conversation.
  3. Promoting Your Post
    • Leverage Social Media: Spread the word across multiple channels, using relevant hashtags and tagging influencers where appropriate.
    • Engage With Comments: Thoughtful and timely replies show your audience you genuinely care about their perspectives.
    • Collaborate With Influencers: Seek out industry luminaries who might share your post to amplify your reach.
  4. Measuring Success
    • Engagement Rate: Track how many likes, shares, and comments your post garners.
    • Quality of Leads: Gauge how many engaged readers represent viable business or partnership opportunities.
    • Conversion Rate: Monitor how many conversations, inquiries, or deals stem directly from your post.

Step 7: Initiate Outreach and Foster Engagement

Finally, let’s talk about reaching out to the new contacts in your LinkedIn circle. The goal here is not to fire off an aggressive sales pitch, but rather to extend an invitation for a deeper dialogue—one that could evolve into a lasting connection.


Reconnect With Purpose

Reach out to individuals who connected with you about a month ago or showed interest in your posts. This spacing allows the contact to feel organic rather than forced.


Personalize Your Approach

Tailor each message to the person’s background, referencing any mutual interests or industry overlaps you’ve observed. This sense of familiarity often warms them to further discussion.


Offer Value, Not a Pitch

Propose a test run of your product or an exclusive look at a feature in development. Framing it as a chance for them to offer feedback positions them as co-creators, not just targets.


Sample Message

“Hi [Name],


I noticed your recent engagement with my post on [specific topic], and I really appreciated your insights.


We’re testing out a new feature that aligns with your expertise in [relevant field].


I’d love for you to try it and share your feedback, as it will help us refine the final version.


Let me know if you’re interested, and I can set up a brief trial.



Best,

[Your Name]


Emphasize Their Influence

Think of your connection as a valued collaborator who can shape your product’s trajectory. Highlight how their commentary will impact final decisions or future directions.


Foster Open Dialogue

Encourage them to share experiences or challenges they’re facing. These candid moments often uncover hidden insights that can inspire product improvements.


Maintain Regular Engagement

Keep them in the loop about significant milestones—especially those directly influenced by their suggestions. When people realize they’ve shaped your product, they’re more inclined to champion it.


Build Long-Term Relationships

Over time, some of these contacts may become dedicated customers or trustworthy evangelists who amplify your reach by sharing success stories or referrals.


Analyze and Adapt

Collect data on response rates, feedback quality, and conversion metrics. Continuously refine your strategy based on what resonates. The insights you gather now lay the groundwork for each subsequent outreach cycle.


By weaving together personal connections, consistent content strategies, and value-driven engagement, you can replicate a structure that has guided us to $300K per month—and possibly beyond. Like any carefully orchestrated ecological system, success lies in understanding the dynamics at play, nurturing the right relationships, and adapting swiftly to new data.



😈

k bye.

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James Effarah@jameseffarah
Can someone please make 2FA delightful before I lose all my hair.

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