Published Nov 24, 2017

How to Build a 7 Figure Online Business by Building Trusting Relationships with Pat Flynn [THROWBACK EPISODE]

Pat Flynn delves into the essential strategies for building a seven-figure online business through effective pricing, negotiation, and, most importantly, establishing trusting relationships. Drawing on personal experiences, he underscores the pivotal role of trust and genuine connections in driving business growth and success.
Episode Highlights
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Episode Highlights

  • Trust & Relationships

    Trust plays a pivotal role in business relationships, as demonstrated by . He shares how his connection with Buzzsprout, built over years without any immediate expectations, led to a natural partnership when he needed a podcast hosting solution 1. This approach underscores the importance of trust and authenticity in affiliate marketing, where recommending products without genuine belief can erode audience trust 2. emphasizes, "If I were to recommend a product just because it had a high commission...that trust with me is going to be gone."

    If I were to recommend a product just because it had a high commission...that trust with me is going to be gone.

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    Building trust requires careful selection of partners and products, ensuring they align with one's values and audience needs.

       

    Trust Strategies

    employs trust-based strategies to foster long-term business success. He believes in providing exceptional value upfront, which naturally leads to stronger relationships and easier recommendations 3. This method has allowed him to build authority and trust, resulting in audiences eagerly anticipating his next product 3. explains, "I try to go to natural progression in terms of if I'm making a sale, I want to build a relationship first."

    I try to go to natural progression in terms of if I'm making a sale, I want to build a relationship first.

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    He also highlights the importance of evaluating opportunities based on personal experience with the products, ensuring authenticity in his endorsements 4.

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