meta_pixel
Tapesearch Logo
Log in
Rock Your Brand Podcast

TAS 314: How To Validate Your Business and Product Ideas Before Spending a DIME with Pat Flynn

Rock Your Brand Podcast

Scott Voelker

Email List Building, Email Marketing, Online Marketing, Business, Digital Product Creation, Blogging, Start A Business, Marketing, Brand Building, Make Money Online, Passive Income, Entrepreneurship, Online Business

4.81.1K Ratings

🗓️ 30 January 2017

⏱️ 57 minutes

🧾️ Download transcript

Summary

Does the state of your personal health and happiness really impact your ceiling for success in business? Scott has been on a personal journey over the last couple of years to improve and optimize his health. On this episode of The Amazing Seller, Scott and his guest Pat Flynn discuss the role physical health plays in contributing to success as a business owner. Scott is passionate about taking health seriously, his enthusiasm will get you pumped to make some intentional changes in your life and business!

What do you do when you get stuck in business and life?

There are a variety of factors that can cause you to get stuck in life. It might be relationship issues, struggles achieving goals, or just the monkey wrenches that life throws in the way. How do you overcome these obstacles? What do some of the high caliber leaders in business suggest? Pat Flynn has had his fair share of ups and downs over the course of his career. He is eager to share with The Amazing Seller audience how he has triumphed in the face of adversity and some steps you can take to do the same. Don’t miss this valuable episode bursting with great insight!

Creating a Market Map

Once you start to hone in on the niche market you are trying to corner, Pat Flynn suggests creating a Market Map. This is a tool that will help you identify the three P’s of your audience. Pat suggests creating a spreadsheet and tackling each of the following:

Places - Where does your target audience hang out? Podcasts, blogs, web properties. Where does this group go?

People - Who are the influencers on this target audience? Who has earned their trust? Podcast hosts, authors of the blog's, top social media accounts.

Products - List between 20 and 50 products to see and get a feel for what this audience is looking for.

Once you have put in the time researching and identifying these three P’s it will reveal your position in the marketplace. This is your sweet spot, where you can deliver the best service to this target audience. Make sure to listen to this episode of The Amazing Seller to hear Pat expand on these ideas and much more!

Getting inside a customer’s head with a PLAN

After you have identified a position in a particular market niche, expert Pat Flynn suggests climbing inside your customer's head. What Pat means by this is figuring out how the customer thinks, what motivates them? To identify this perspective, Pat has developed a PLAN.

Problem - You have to identify what potential problem you are trying to solve with your product for your customer. This happens through target market and research. Every successful business solves a problem.

Language - What words is the customer using to describe their problem? It does not good to come up with the perfect solution to a problem without using the right language that speaks to the customer.

Anecdotes - Engage with your customers. Know their stories and empathize with them.

Need - If you can identify a real need from your conversations with your customers, you’ll be one step closer to designing your product to fulfill that need.

Validating a product: The Pat Flynn approach

How often do you get to hear the approach of an expert in the arena you are trying to break into? The opportunity to get a peek into the process of one of the best in the industry is right at your fingertips. On this episode of The Amazing Seller, Scott sits down with Pat Flynn. Pat is gracious enough to grant the podcast audience stellar insight into how he would approach validating a product. Grab a pen and some paper and get ready for some powerful insight, you can’t miss this!

OUTLINE OF THIS EPISODE OF THE AMAZING SELLER

  • [0:03] Scott’s introduction to this episode of the podcast!
  • [3:05] Scott welcomes Pat Flynn to the show.

Transcript

Click on a timestamp to play from that location

0:00.0

Well hey hey what's up everyone welcome back to another episode of the

0:05.8

amazing seller podcast this is episode number 314 and you might be able to tell

0:10.8

by the sound of my voice I am super excited today because I have a

0:14.8

special guest on someone that has actually helped me get to where I am today and

0:20.0

well I'm just gonna kind of throw it out there.

0:22.6

Mr. Pat Flynn is going to be on the show today,

0:26.0

and I'm really excited.

0:27.0

I actually met Pat in person at Rick Mulready's event that I attended,

0:31.6

and him and I had a really long in-depth conversation

0:35.2

about 35, 40 minutes privately and we also sat around a table for about an hour and a

0:40.1

half in a group and we mastermind it a little bit and just a great guy someone that I really do

0:46.4

believe for me has been that virtual mentor from afar I mean someone that I

0:52.0

just kind of looked at as someone that I would like to be able to help people and also give the way that he does, but then also have people really get the message.

1:03.4

And I do owe a lot of my success as far as within the podcast and within this community of TAS to

1:09.8

him.

1:10.8

And I just want to say that you just never know where your life is going to lead and like I said

1:16.4

two and a half years ago I never I never would have known that I would have had a podcast

1:20.8

I never would have known that I'd be interviewing Pat Flynn today, so it's really awesome. But today, we're going to talk about how to validate your business and product ideas before spending a dime. And the reason why we're doing that is because he recently wrote a book on this called

1:34.4

will it fly I have the book I have the audio book and I have the physical copy of the book and it is really

1:40.7

really spot on and what I mean by that is it goes through the entire

1:44.4

process for you to just kind of get into the minds of your market with an idea

1:49.4

that you may have so you can validate this thing before you even think about launching it.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Scott Voelker, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Scott Voelker and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.