Social Media Conversion Fallacy

Jason Cohen shares his perspective on the relationship between social media following and business success, particularly in software products. He emphasizes that having a large social media audience doesn't necessarily translate to business success, and pursuing social media growth for business purposes might be misguided.

Key Points:

  • Social Media vs Business Reality:

    • Having an audience doesn't effectively convert to software product customers
    • People who launch products to their audiences often see disappointing results
  • Personal Motivation for Social Media:

    • Engages in social media for personal fulfillment, not business purposes
    • Values writing and sharing thoughts as part of his identity
    • Gets satisfaction from hearing people find value in his content
  • Strategic Social Media Management:

    • Created a system to engage with specific people within 20 minutes of their posts
    • Focuses on meaningful interactions rather than broad engagement
    • Creates perception of being "always online" while actually being selective
  • Writing and Communication:

    • Writing has been a long-term practice, predating WP Engine
    • Uses writing as a way to clarify thoughts
    • Values the craft of making ideas as clear and interesting as possible
  • Authenticity in Platform Building:

    • Distinguishes between building audience for business vs. personal fulfillment
    • Suggests focusing on core business value rather than social media presence
    • Emphasizes genuine engagement over strategic audience building

The key insight is that while social media can be personally fulfilling and valuable for certain purposes, it shouldn't be viewed as a primary path to business success, particularly in software products.

15:12 - 15:18
Full video: 40:52
SP

Sam Parr

Host of MFM and fitness influencer

Sam Parr is a serial entrepreneur and business media pioneer.

In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.

Sam led the charge in making newsletters popular when few believed in their potential.

After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.

Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.

WebsiteTwitter
Host
Fitness Influencer