Episode 23: Building An Audience w/Richard Felix

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Richard Felix joins the show in this episode.  Richard Felix has a multi-product mini-empire going on. From his early collaboration with Chris Coyier until now, Richard has leveraged building an audience and education people into a steady stream of lifeblood for his products.

In this episode, we talk about his start as a big reader & computer support pro as a teenager, his early lesson regarding audience-building and how it impacts success, and his experience using the act of teaching as an audience-builder. We also cover some practical aspects of being a founder and keeping a product moving forward.

Bootstrapped Product Talking Points

  • how having an audience made his first success without knowing it
  • the importance of developing marketing skills
  • opportunity cost and how it changes when you have product out
  • why the term “MVP” has baggage

 Show Notes:

Be Stunning – Richard’s product; stops SaaS app churn by preventing failed payments
Get Retained – Richard’s product; stop Saas customer cancellations before they happen
– Retained tells you what customer to talk to & what about
– Customers need to do certain things to be successful
– Customer questionnaire upon sign-up; use the responses as criteria

Customer Retention Academy – used to build e-mail list
– Creating customers through education

Richard’s Blog
AreMySitesUp – Richard’s project from 2009
Chris Coyier & CSS Tricks
– Chris was building an audience long before the site – this is important

Amy Hoy – product-launching badass
30×500 – Amy’s product-launching course
– never build w/o an audience
– lots of structure
– lots of goals
– sales safari…identify needs & marketing opportunities in peoples own element
– see what people complain about…find enough of them

David Kadavy
Steli Efti

Dropp – geo-tagged messages & media

Richard Says:
Build something small first
– maybe solve 1 part of the problem & see if the complainers bite

Marketing skill development
– be social!
– come out from behind the keyboard & meet people (the opposite doesn’t work)
– keep up a constant trickle of communication while building an audience
– losing a lot of customers to easy-to-fix problems prompted a desire to communicate better

Mistake: taking things I read as fact – too much focus
– Now, focus on outcomes
– Don’t get overwhelmed
– There’s a chance people don’t know why they’re successful

Opportunity cost – freelancing takes away from the product business now
– Most of us have the opposite problem

3 things
– build an audience…this is important!
– talk to your customers, or the people you want as customers (do you really want those customers?)
– ship as fast as you can – get as much as you need shipped to see if people pay

One thought on “Episode 23: Building An Audience w/Richard Felix

  1. Today I listened to two random sources about this topic.

    The first one was this guy who says become a celebrity in your niche –

    After that, I some how stumbled upon this guy who talked about story telling –

    Then, I started thinking. This is the missing link in my business. My current blog is pretty cold and talks just about products I launch from a corp-like tone.

    I’ve been struggling with what kind of audience I’d target. At first, I thought, the CRM space. But I plan on doing a lot more products outside of the CRM space. Then I thought, well the bootstrapper space is pretty small still and everyone in that space are in business or looking to start a business.

    Then I remembered the book your launched and podcasting. It’s really strange but I just thought of 5 people I know personally I could get into a podcast today. So it takes a long time to even know what kind of audience to go after.

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