Sales Channel Drives Business

A framework for choosing business ventures based on sales channel expertise rather than product category. The key insight is that entrepreneurs spend most of their time on sales/growth, so pick businesses that align with your preferred sales methods.

Core Principle

  • Choose businesses based on how you'll grow them, not what you're selling
  • 90% of time is spent on sales/growth, not the product itself
  • Match business model to your preferred sales channels and methods

Common Mistake Entrepreneurs Make

  • Picking business ideas based on passion for product category (e.g., "I love basketball")
  • Not considering the daily reality of how they'll need to sell and grow
  • Getting stuck with sales methods they don't enjoy or aren't good at

Framework for Choosing Sales Channels

  1. Identify Your Preferred Sales Channels
  • List sales methods you enjoy and are good at
  • Rank them in order of preference
  • Focus on channels you can sustain long-term
  1. Match Business Models to Sales Channels
  • Find businesses that naturally fit your preferred channels
  • Ensure growth strategy aligns with your strengths
  • Avoid businesses requiring sales methods you dislike

Example Sales Channel Preferences (Shaan's Rankings)

  1. Podcast Mentions
  • Easiest sales channel
  • Leverages existing audience trust
  • Natural, authentic promotion
  1. Facebook Ads
  • No personal interaction required
  • Scalable with push of a button
  • Data-driven decision making
  • Can scale successful ads with more budget
  1. Cold Emails
  • Proven track record
  • Can train others to execute
  • Systematic and repeatable

Key Takeaway

  • Success comes from mastering one sales channel rather than constantly switching between many
  • Most successful people stick to their proven sales channel across different businesses
  • Being a master at any growth channel is extremely valuable
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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