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From Free to Fee
Turning Your Passion into a Business

         21 day challenge to more revenue



                   Mario Armstrong

    1
Mario Armstrong
Digital Lifestyle Expert




                           2
Let's get one thing straight:



      STARTING RIGHT NOW,
      YOU'RE NOT JUST A
      BLOGGER.

3
You're a
    media
    company.
    By the end of this hour,
    you'll know exactly what I mean.




4
START THINKING OF YOURSELF AS A
MEDIA COMPANY

      Tell YOUR why, not the what

 Tellingme you are a fashion blogger or cover
 entrepreneurship doesn’t say anything about WHY –
 and I don’t know what YOU bring to the table.

 Itell people “I’m all about inspiring people to better
 their lives by showing them how technology can help
 them achieve their goals

 I   wouldn’t say “I blog about tech”
If CONTENT is KING

            then

SPONSORSHIPS sustain

                                                    the kingdom!

Great content is expected but not automatically financially rewarded!
FIRST, I WANT TO ASK YOU A
QUESTION!
      What's the   #1 problem you face in running
      your blog?

        - Traffic
        - Monetization
        - Technical challenges
        - Time (I need more hours in the day)



  7
16 ways to generate revenue
                             Online        Events
E-books
                              (webinars,   live streaming)
Public Speaking             Offline       Events
Consulting                   Sponsored    meetups, conferences
SMT’s                       Liveblogging specials
Twitter Chats               Paid TV/Radio contributor

Books (e-books & paperbk)   Blog contributor

Video blogging              BlogTalk Radio

Develop products in your    Adwords

 niche (i.e. MAM patent)     Webinars

                                                                   8
Your plan will take you to the next
    level:
.   the media company




       Today we're going to walk through the kinds of things
      your plan should include, plus some examples from my
                                        life and my business.
My Story
     Just a few years ago I was like many of
      you. I knew my passion, what I
      wanted to spend my days doing.


1999         1999-2007        2005-2007            2007-current            Current
Radio Show   Full Time job,   Nicole quit to start Both full time on the
Idea         working passion on
                              building the         business                Still playing recession
             side             business, develop                            catchup
                              pricing models, AOL $250K was                                          “You Work 9a-5p --
             Chasing passion  infrastructure,      supposed to be a        TAXES!!!! Ohh yeah
                                                   shoe-in, we spent $                                You make history
             by working for   started                                      & a $52,000 payment         from 5p-9am”
             FREE             generating very on legal fees & signed       – WAKE UP CALL                Mario Armstrong
             (5am winter      small revenue        it, but on the way to
             mornings on                           the mtng where they     Grown to 8 staff
             ABC2, WEAA etc.)                      were going to sign.     members
                                                   They called & said no
                                                   go, there was change
                                                   in Mgt.

                                                  To make it worse the
                                                  Recession hits
AND WE’VE BEEN THERE:
      Maxed credit cards, had a 2 year old son to take care of and we were flat broke!
      This was the defining moment - keep going or quit! Many tears and a lot of pain!
S&%T GOT REAL!
When I was collecting change to scrape up enough to buy gas, it was a very real bottom for us!
That’s proof that a huge part of your plan needs to be
 around how to make money.

But generating revenue goes hand-in-hand with
 increasing your audience and exposure. So we’re going
 to talk about both, and you’ll see why.
WHAT THEY DON’T TELL
YOU ABOUT FOLLOWING
YOUR PASSION:
It's harder than you think
You'll want to give up

It's going to take time

Inner Demons await – Beware the DREAMKILLER

You have to SELL. (But really, selling is helping other

 people improve their lives - with what YOU have to
 offer)
Let’s make money $$$$
16 ways to generate revenue
                             Online        Events
E-books
                              (webinars,   live streaming)
Public Speaking             Offline       Events
Consulting                   Sponsored    meetups, conferences
SMT’s                       Liveblogging specials
Twitter Chats               Paid TV/Radio contributor

Books (e-books & paperbk)   Blog contributor

Video blogging              BlogTalk Radio

Develop products in your    Adwords

 niche (i.e. MAM patent)     Webinars

                                                                   16
Public $peaking
 Great   way to generate a buzz

 After   buzz building – start charging

 Don’t   be shy with your fees

 Starting   out ask for $1000-$2000

 We  went from $500 to $2000 to $5000 to
  $8000 to now $10,000
Online Events – Live streaming




                                 18
Online Events – Live streaming
 stats
 997,621    minutes watched

 75,931    unique views

 22   sites and blogs carried the Livestream
   Huff   Post, The Root, Politic365, SocialWayne, BlackPlanet
    etc…




                                                                  19
Online Events – Live streaming



                          Give  your content away
                          for free to top tier sites

                          Charge
                                sponsors for the
                          COMBINED reach

                          Not just your reach,
                          which enables you to sell
                          big

                                                  20
WEBINARS


1. Free:
Do for Free
to build
credibility

2. Charge:
Work with a
sponsor, who
pays for your
time
TWITTER CHATS

Use your expertise,
not selling their
wares

They pay for your
time and reach
Real-time Publishing sponsored
Live Blog!
Take advantage of a live event
  that has an audience to provide
  your take: news, a TV show,
  festival, conference, whatever.
  There are tons of possibilities.
  Most people pre-write a post or
  talk about it after the fact -
  don't be most people!



After all, why just live tweet your
  thoughts for Twitter's sake?
  You're just sending that money
  (traffic) to Twitter. Live blog
  and tweet thoughts w/links to
  your site so you can take
  advantage and build your
  network at the same time!
TV Contributor


Identify   local networks

Pitch   topics that are timely
 i.e.
     Back to School, Holidays, News Events
 no product placement or pitching brands
  that pay you $ for other work

Start   as a guest (learn, learn, learn)

Grow    from there                          24
Paid Blogger

Blog   for a brand!

Identify     the brand!

Researchfor the
unique opening!

Find    a contact
(use social graph)

Begin    dialogue
Mobile Video… Socialcam app
Make sure to cut through all the clutter so they
hear you.




It's time to get creative!
Mobile Video
Use   video to augment blog posts

Don’t   tell me SHOW me

Build   community of followers, share to all social

Embed    on your blog

Use   their API to curate & post on your site
What I learned from my #Socamshow
12k on twitter BUT 1.5m on Socialcam (find ur home)




                                                      Analytics
                                                        too!
This kind of diversification is huge
Remember, you're a media company.




Because when it comes time to pitch a sponsor, you want
 to give them everything you've got!
The more assets you have, the more places you can
 include them.
We have the tech for lots of things.

But not for you to clone yourself.



I don't think?
So how do you scale YOU?

Play to your strengths

   Outsource your weaknesses

     &   & reinvest $ in the biz
21 DAY CHALLENGE -


Start with a
healthy
breakfast
21 DAY CHALLENGE
5 steps:

1. Writedown 3 most repetitive tasks (life or biz) then
 figure out how to outsource, automate, consolidate

2. List   at least 5 new ways to generate revenue

3. List   3 new ways to expand your audience reach

4. Develop   a list of at least 15 brands you’d like to work
 with

5. Develop   a 90-day plan w/specific deliverables
Find YOUR inner-kid




Trampoline YOUR DREAMS
                         34
Thank you

@MarioArmstrong
Web: www.MarioArmstrong.com
@MarioArmstrong

/MarioArmstrong
                              35

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Mario Armstrong: From Free to Fee (Blogalicious Conference 2012)

  • 1. From Free to Fee Turning Your Passion into a Business 21 day challenge to more revenue Mario Armstrong 1
  • 3. Let's get one thing straight: STARTING RIGHT NOW, YOU'RE NOT JUST A BLOGGER. 3
  • 4. You're a media company. By the end of this hour, you'll know exactly what I mean. 4
  • 5. START THINKING OF YOURSELF AS A MEDIA COMPANY Tell YOUR why, not the what Tellingme you are a fashion blogger or cover entrepreneurship doesn’t say anything about WHY – and I don’t know what YOU bring to the table. Itell people “I’m all about inspiring people to better their lives by showing them how technology can help them achieve their goals I wouldn’t say “I blog about tech”
  • 6. If CONTENT is KING then SPONSORSHIPS sustain the kingdom! Great content is expected but not automatically financially rewarded!
  • 7. FIRST, I WANT TO ASK YOU A QUESTION! What's the #1 problem you face in running your blog? - Traffic - Monetization - Technical challenges - Time (I need more hours in the day) 7
  • 8. 16 ways to generate revenue Online Events E-books  (webinars, live streaming) Public Speaking Offline Events Consulting  Sponsored meetups, conferences SMT’s Liveblogging specials Twitter Chats Paid TV/Radio contributor Books (e-books & paperbk) Blog contributor Video blogging BlogTalk Radio Develop products in your Adwords niche (i.e. MAM patent) Webinars 8
  • 9. Your plan will take you to the next level: . the media company Today we're going to walk through the kinds of things your plan should include, plus some examples from my life and my business.
  • 10. My Story Just a few years ago I was like many of you. I knew my passion, what I wanted to spend my days doing. 1999 1999-2007 2005-2007 2007-current Current Radio Show Full Time job, Nicole quit to start Both full time on the Idea working passion on building the business Still playing recession side business, develop catchup pricing models, AOL $250K was “You Work 9a-5p -- Chasing passion infrastructure, supposed to be a TAXES!!!! Ohh yeah shoe-in, we spent $ You make history by working for started & a $52,000 payment from 5p-9am” FREE generating very on legal fees & signed – WAKE UP CALL Mario Armstrong (5am winter small revenue it, but on the way to mornings on the mtng where they Grown to 8 staff ABC2, WEAA etc.) were going to sign. members They called & said no go, there was change in Mgt. To make it worse the Recession hits
  • 11. AND WE’VE BEEN THERE: Maxed credit cards, had a 2 year old son to take care of and we were flat broke! This was the defining moment - keep going or quit! Many tears and a lot of pain!
  • 12. S&%T GOT REAL! When I was collecting change to scrape up enough to buy gas, it was a very real bottom for us!
  • 13. That’s proof that a huge part of your plan needs to be around how to make money. But generating revenue goes hand-in-hand with increasing your audience and exposure. So we’re going to talk about both, and you’ll see why.
  • 14. WHAT THEY DON’T TELL YOU ABOUT FOLLOWING YOUR PASSION: It's harder than you think You'll want to give up It's going to take time Inner Demons await – Beware the DREAMKILLER You have to SELL. (But really, selling is helping other people improve their lives - with what YOU have to offer)
  • 16. 16 ways to generate revenue Online Events E-books  (webinars, live streaming) Public Speaking Offline Events Consulting  Sponsored meetups, conferences SMT’s Liveblogging specials Twitter Chats Paid TV/Radio contributor Books (e-books & paperbk) Blog contributor Video blogging BlogTalk Radio Develop products in your Adwords niche (i.e. MAM patent) Webinars 16
  • 17. Public $peaking Great way to generate a buzz After buzz building – start charging Don’t be shy with your fees Starting out ask for $1000-$2000 We went from $500 to $2000 to $5000 to $8000 to now $10,000
  • 18. Online Events – Live streaming 18
  • 19. Online Events – Live streaming stats 997,621 minutes watched 75,931 unique views 22 sites and blogs carried the Livestream Huff Post, The Root, Politic365, SocialWayne, BlackPlanet etc… 19
  • 20. Online Events – Live streaming Give your content away for free to top tier sites Charge sponsors for the COMBINED reach Not just your reach, which enables you to sell big 20
  • 21. WEBINARS 1. Free: Do for Free to build credibility 2. Charge: Work with a sponsor, who pays for your time
  • 22. TWITTER CHATS Use your expertise, not selling their wares They pay for your time and reach
  • 23. Real-time Publishing sponsored Live Blog! Take advantage of a live event that has an audience to provide your take: news, a TV show, festival, conference, whatever. There are tons of possibilities. Most people pre-write a post or talk about it after the fact - don't be most people! After all, why just live tweet your thoughts for Twitter's sake? You're just sending that money (traffic) to Twitter. Live blog and tweet thoughts w/links to your site so you can take advantage and build your network at the same time!
  • 24. TV Contributor Identify local networks Pitch topics that are timely i.e. Back to School, Holidays, News Events no product placement or pitching brands that pay you $ for other work Start as a guest (learn, learn, learn) Grow from there 24
  • 25. Paid Blogger Blog for a brand! Identify the brand! Researchfor the unique opening! Find a contact (use social graph) Begin dialogue
  • 26. Mobile Video… Socialcam app Make sure to cut through all the clutter so they hear you. It's time to get creative!
  • 27. Mobile Video Use video to augment blog posts Don’t tell me SHOW me Build community of followers, share to all social Embed on your blog Use their API to curate & post on your site
  • 28. What I learned from my #Socamshow 12k on twitter BUT 1.5m on Socialcam (find ur home) Analytics too!
  • 29. This kind of diversification is huge Remember, you're a media company. Because when it comes time to pitch a sponsor, you want to give them everything you've got! The more assets you have, the more places you can include them.
  • 30. We have the tech for lots of things. But not for you to clone yourself. I don't think?
  • 31. So how do you scale YOU? Play to your strengths Outsource your weaknesses & & reinvest $ in the biz
  • 32. 21 DAY CHALLENGE - Start with a healthy breakfast
  • 33. 21 DAY CHALLENGE 5 steps: 1. Writedown 3 most repetitive tasks (life or biz) then figure out how to outsource, automate, consolidate 2. List at least 5 new ways to generate revenue 3. List 3 new ways to expand your audience reach 4. Develop a list of at least 15 brands you’d like to work with 5. Develop a 90-day plan w/specific deliverables

Editor's Notes

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