Collaborate To Dominate: Effective Strategies to Grow Your Business

02/08/23 • 18 min

First Class Founders: Creators | Solopreneurs | Personal HoldCo

E17: We're talking about a growth strategy that not a lot of creators are taking advantage of to help you grow. I'll tell you what it is and how you can do it effectively to grow your audience and increase your authority at the same time. This is a powerful tactic that I'm using personally in my own e-commerce business to supercharge our growth. By the end of this episode, you'll be well-equipped with a new tool for taking your business to the next level.
***
TOPICS:
What is Collaboration? (2:30)

How to Collaborate Successfully (2:41)

Collaborating on Distribution (6:25)

Collaborating on Product (6:57)

Ask Me Anything (15:12)
***
LINKS:
The Success Journey Show

JOIN: First Class Founders Premium Membership
DOWNLOAD: Hyper-Visuals For Our Episodes (Free)
***
FOLLOW / REVIEW:
- Follow
- Leave 5-star review
***
CONNECT W/ YONG-SOO:
- X
- Threads
- LinkedIn
- Newsletter
***
First Class Founders is a show for indie hackers, bootstrapped founders, CEOs, solopreneurs, content creators, startup entrepreneurs, and SaaS startups covering topics like build in public, audience growth, product marketing, scaling up, side hustles, holding company, etc.
Past guests include Arvid Kahl, Tyler Denk, Noah Kagan, Clint Murphy, Jay Abraham, Andrew Gazdecki, Matt McGarry, Nick Huber, Khe Hy, and more.
Episode you might like:
Future of Newsletters with Tyler Denk, Founder & CEO at Beehiiv
From Zero to 100K Subscribers: How to Grow Your Newsletter like a Pro with Newsletter Growth Expert Matt McGarry
...

Previous Episode

Harnessing the Power of Habits to Compound Success

E16: Most of us know already that personal habits are important in our daily lives. But as a creator, how important are daily habits to master your skills? Having the right habits in place ensures that you're always moving towards accomplishing whatever you want to achieve. I'll reveal the most effective methods to form good habits and break bad ones. These are tried and true tactics that I have tested for myself.
***
TOPICS:
Importance of Habits (1:32)
Everybody has habits. Habits are important because they become second nature. Habits compounded over a long period of time makes a huge difference.
Tom Brady, J.K. Rowling, Ed Sheeran (3:23)
Think about someone who has achieved success in any career. A professional athlete like Tom Brady, a bestselling author like J.K. Rowling, or a popular musical artist like Ed Sheeran. They didn't get there overnight. It took them decades to hone in on their craft through habits.
My Own Daily Habits (6:25)
Personally, I can make a good habit or break a bad one in about 30 days. So each month, I do my best to replace one bad habit with one good one, which will result in good habits stacking on top of each other over time. Each small consistent action from these habits will compound on top of each other leading to powerful long-term.
How to Break Bad Habits & Create Good Habits (13:09)
Here are four effective strategies for habit formation. The first is making the trigger for the habit easier to access. The second strategy is breaking down the activity into its smallest actions. The third strategy is increasing accountability. Finally, the last strategy is to reward yourself whenever you perform an action that you don't necessarily enjoy.
Compounding Life-Changing Habits (17:17)
When you compound the right habits consistently over time, you can make incredible progress on your life goals. Break down your goals and start implementing daily habits using these four strategies. Habits are very personal. What works for someone else may not work for you, and vice versa. Remember, habits are so powerful because they can automate behaviors that we want to implement. Master your habits and you'll compound results. Simple as that.

Next Episode

Debunking the Myth of Solopreneurship: Why Flying Solo Will Hurt Your Business

E18: Today, we are debunking the myth of solopreneurship. Yes, there are a lot of benefits to being a solopreneur. But nobody talks about the downsides of solopreneurship. I'm here today to expose the truth. I know because I was also a solopreneur when I first started my own business back in 2015. But since then, I've scaled up my team and my company has grown with it.
By the end of this episode, I'll show you how you can still enjoy the benefits of solopreneurship while removing the roadblocks that come with being solo. I'll explain how you should approach your hiring strategy and where you should look to find your best employees.
***
TOPICS:
Rise of Solopreneurship (1:46)
Two Hidden Costs of Flying Solo (6:03)
Strategies on Hiring Your First Employees (11:04)
The Important of Your Zone of Genius (12:11)
Hiring Freelancer vs. Hire Employees (14:34)
Ask Me Anything (19:45)
***
LINKS:
FreeUp
Shepherd
Episode 3 - Secrets of Compounding: How to Leverage Time to Grow Your Business
Episode 14 - I / We / They Framework: 3 Simple Steps to Growing Your Business

First Class Founders: Creators | Solopreneurs | Personal HoldCo - Collaborate To Dominate: Effective Strategies to Grow Your Business

Transcript

What's going on everybody? Welcome to the First Class Founders podcast. My name is Yong-Soo Chung and I'm the Founder of Urban EDC, an e-commerce brand selling everyday carry gear, and GrowthJet, a Climate Neutral Certified third-party logistics company. For the past 7 years, I built an 8-figure business in e-commerce and now my goal is to help you build your business.
Today, we're talking about a growth strategy that not a lot of creators are taking advantage of especially in mediums such