Why I Advertised My Consulting Business in a Phish 'Zine ?
Taking a Calculated Risk…Maybe So, Maybe Not ??
This summer, I decided to branch out and try reaching new audiences for my business. I’m used to working from referrals – the majority of my business comes from my network – but I wanted to connect with communities and organizations outside my typical circles.
My wife, Jen, is an old-school Phish fan. She’s been to hundreds of shows and is my real connection to the larger Phish community (as far as jam bands go, I’m more of a Grateful Dead ‘67-’77 guy). Through Jen, I discovered Surrender To the Flow (STTF), a beloved, volunteer-led publication for Phish fans that produces new print and digital issues during Phish’s busy tour seasons. STTF is a labor of love centered on the band and community.
Why Phish Fans?
Phishheads are part of a huge yet tightly-knit community that connects beyond the concert experience – they trade recordings, discuss band rumors, plan group vacations around tours, and even study together . Trusted fan-to-fan recommendations mean a lot in this world.
This got me thinking: many Phish fans run their own businesses or hold non-profit leadership positions. Some are likely facing organizational challenges that align with my services. STTF always includes a few small business ads. Could advertising in the summer issues attract new business??
After meeting with Christy, STTF’s wonderful founder and editor, I decided to take out a small ad in three consecutive issues for the summer tour. Here’s why:
What Happened?
For me, this was about trying something new and learning from the experience. I gained a few new LinkedIn connections and newsletter subscribers from the ad, and we’ll see if it leads to any new business opportunities. I went in with managed expectations and, based on early results, decided not to renew the ad for the Fall shows.
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Questions to Guide You
I’m a big believer in taking small, calculated risks – they spark creativity, help you identify what works, and help reduce fear of failure.
If you’re considering trying something new in your work, here are five questions to guide you:
?? What’s your #1 goal and outcome you’re aiming for? Be clear on what you’re looking to gain from the experience – whether it’s new business leads, learning about a new market, or something else.
??Do you have enough resources to take the chance? Set a budget for it. I view this like a night at the casino – set your limits and stick to them.
??What insights can you gather beforehand from data and anecdotes? Talk to those who've taken similar actions, and post questions on LinkedIn for input from your network.
??? What’s your timeline? Set a start and end date. Know when to walk away if it’s not working.
?? How will you measure success? Have a clear and simple idea of what success looks like for you, and set a range to manage your expectations.
And don’t forget to celebrate taking a chance. Regardless of the results, treat yourself to a small reward for the effort. After submitting the STTF ad, I bought a good coffee and took the afternoon off.
Are you testing any new strategies to grow your business? Drop a comment below – I’m interested to hear about your experiences and what you’re learning.
Thanks for reading,
Dan
Strengthing nonprofit's impact stories to grow funding
1 个月Creativity (combined with a strategy) can help organizations stand out - I love this bold move and thanks for sharing your results so far with us!
Creative communications professional seeking my next opportunity to *dazzle*.?
1 个月I love this, any opportunity to advertise something in a seemingly conspicuous place will automatically set you apart. Love a disruptor moment!
Minister
1 个月Dan, I found your article to be both helpful and insightful.
Retired
1 个月Yay Jen!
Strategy + Change Leadership | Helping nonprofit execs create clarity and lead change well | Strategic Advisor | Facilitator | Speaker
1 个月Love this example, Dan Fast. Going in with curiosity and a desire to learn what works is so important - often more important than the success of this one moment in time. Thanks for sharing!