5 Online Business Rules I've Scrapped -- And You Can, Too

9 May 2024 · 12 min
12:04

In this YouTube video, Mary Schiller shares five common online‑business norms that she has deliberately abandoned and urges other coaches and online entrepreneurs to do the same. She begins by condemning the practice of offering free coaching sessions, arguing that it de‑values the profession and prevents coaches from learning how to work with paying clients. Next, she rejects the idea that a business must start with low‑priced "entry" offers or a value‑ladder, insisting that coaches can and should charge premium rates from day one if their service is valuable. The third rule challenges the belief that products must be created based on market research or what the creator thinks will sell; instead, she advocates building from authentic self‑expression, using Apple’s success as an example of creating desire rather than solving a pre‑identified problem. The fourth rule dismisses the notion that paid advertising is essential, noting that ads often attract poor‑fit leads, drain resources, and dilute personal connection. Finally, she argues that complex sales funnels are unnecessary; a simple, human‑focused way for prospects to find and connect with the coach is sufficient, and she calls for ending the language of "leads" in favor of treating people as individuals. Throughout, Mary’s tone is conversational, impassioned, and often critical of the status‑quo, while offering supportive encouragement to adopt a more authentic, client‑respectful business model.

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