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Real Estate Podcast
Sunday, July 24, 2022

How To Turn Your Idea Into a Business With Follow Up Boss CEO Dan Corkill

 How To Turn Your Idea Into a Business With Follow Up Boss CEO Dan Corkill

The commercial world is tough. Most founders have big ideas, but turning that idea into a profitable business is not as straightforward as they might assume. Being an entrepreneur is not just about quitting your day job or simply working on a startup; it also entails the survival of an idea in this vastly competitive market. ??Whether you are just an eager entrepreneur ready to start a business or have been considering getting into the world of entrepreneurship, there is one thing you need to know: how do you go from having an idea to achieving success?

There is no exact recipe to getting your ideas out the door. Every process is unique, and there is no cookie-cutter way to make it happen quickly, but you can definitely set your foot on a great start if you know how to play your cards right.

In this eleventh episode of The Process Podcast,  Follow Up Boss CEO, Dan Corkill, shares his insights and strategies on how to turn your big ideas into a profitable business. He’ll discuss his struggles, learning moments, and wins that led him to develop an incredible system and process to grow his company successfully.

Learn how to go from having a business idea to perpetuating that business and making it a reality.

Get to know Dan Corkill

Starting a business comes with its fair share of ups and downs, so it’s important to choose your battles wisely. But when presented with the right opportunities, it can all be worth it if you know how to navigate the market correctly. Dan Corkill is an entrepreneur who turned a problem into an opportunity and now has been in the business world for over ten years. His passion for helping people led him to create “Follow Up Boss,” a simple sales-focused CRM and a self-funded, profitable company that started back in April of 2011. It allows you to set up automatic follow-up sequences with any customer or prospect in your industry.

Follow Up Boss has helped countless realtors overcome challenges such as lead prioritization, client follow-up, and overall lead organization. What began as a struggle for realtors led him to see Follow Up Boss as a successful business; one that he has been able to grow into a multi-million dollar company.

Turn Your Ideas into Reality

You’ve got an idea for a business. Great! And when you have an idea, you might think of it as the beginning of what could be a really profitable venture. However, before you jump in with both feet and start making plans to build your very own startup empire, there are several important steps that need to be taken first…

1. Determine your customers’ pain points

Before you even think about writing up a business plan or pitching your service to potential investors, you need to validate your product’s market and see whether or not it will have any demand. Try to understand your market’s problem. What do you think your customers are trying to solve? How can you help them achieve that objective?

Next, you need to determine the solution and target audience for your product or service. This may sound obvious, but there’s a lot of value in understanding what your target audience is trying to do before you can create an effective solution for them. Sometimes, this will involve talking with customers directly or reading their feedback on social media platforms. The key here isn’t just finding out about the problem— it is understanding how you can solve their pain points.

2. Hire a great team of leaders

After you’ve identified the problem and have the solution, your next step is to find a team of leaders that will complement each other’s skills. While you’re looking for people who are good at what they do, you also want them to be willing to work hard. You’ll need someone who can manage your finances and someone who knows how to run an effective sales strategy.

Leaders are not just managers, directors, employees, or partners. They are also responsible for creating an environment that encourages growth in their teams while also ensuring they adhere to company policies and procedures.

3. Get mentors or coaches

The entrepreneurial journey is not one that you embark on alone. While being an entrepreneur requires lots of hard work and consistent effort from day one, most founders find themselves getting a lot of support along the way. From family, friends, and colleagues offering to help out when they get stuck to advisors giving the perspective of someone who’s experienced the often difficult world of entrepreneurship.

Starting a business is tough. It’s a lot of work, and it has many pitfalls, so the more people you have around you to lend their expertise, the better off you will be.

4. Help your customers win

At the end of the day, your customers are always looking for a better experience. Whether they’re looking to increase their sales, close more deals or help them save time and effort, they want to achieve their own goals. So help them do that by providing them with the tools they need to succeed, and you will be helping yourself as well.

Understand your target customers and position yourself to help them succeed. Look at what they’re doing, how they’re doing it, and how you can help them do it better. A great customer experience is always essential for a sustainable, long-lasting business.

Keep Pushing Forward

When starting a business, you will have to be patient, persistent and flexible. It is not easy for a new entrepreneur to get an idea off the ground. But if you have the right mindset, things will fall into place as you continue your journey. You may often need to make sacrifices to succeed as an entrepreneur. There will also be times when things go wrong, but each mistake is another lesson learned – and it’s not a failure unless you allow it to become one. Remember: every successful business was once an idea worth pursuing.

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