Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

I was very short on time, I was stressed out, had tons of bills to pay, and I had 3 months to sink or swim.Steve Kazella

What would you do? What could you do? There’s only one choice…

Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

The Ashes

After the stock market crash in 2008, Steve Kazella was laid off. The only assets he had were…

  • 3 months of unemployment benefits (to support a family of four)
  • a friend and colleague who had also lost his income, and
  • specialized knowledge about cell tower leases.

So Steve and his friend rolled up their sleeves and started a company. They had nothing except their own time and sweat equity.

They poured that, plus a ton of determination, into building two SBI! businesses for cell tower landlords.  

The Phoenix Rises

In 2010 – just two years later – they were featured in the New York Times.

A little later, as Steve puts it:

things just went gangbusters.Steve Kazella

Takeaway #1: Niche knowledge and determination can go a long way online.

Solopreneurial Online Success Is as Rare as a Phoenix

You read about success stories like this all the time. They are rare, though, especially online, where the competition is tough due to the low-cost barrier to entry.

Aside from using SBI! itself, which has been well-documented to increase your chances of success by at least 10-fold, what did Steve do that you could do?

Let’s hear from this successful entrepreneur about how to build a truly profitable business online. He generously shares lessons from his “out of the ashes” story…

1. Steve, you describe starting your online business as “out of the ashes.” Can you tell us more about that?

Our company was started from the ashes of my previous life. I was working from home as a salaried recruiter, but then I was laid off. We were down to one car, which my wife used to commute to work. I had just 3 months of unemployment benefits coming in.

And following the stock market crash of 2008, my soon-to-be business partner, who leased and built towers for Verizon, no longer received any consulting work from them.

We had – literally – nothing to lose, except, as my son said, “your dignity.”

Takeaway #2: Starting an online business risks no cash. Be willing to lose, but determined to win.

Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

So we rolled the dice and started a company with no capital except the time and sweat we put into building our first, then our second, SBI! business for cell tower landlords.

It was hard work, but about 2 months later we got our first client, and our business has grown steadily ever since.

Takeaway #3: An online business is more than “AdSense & Affiliate programs.” It can convert into offline services (or many other income streams).

We made the New York Times in 2010. They linked to our website and gave us some serious credibility. Once that happened, things just went gangbusters!

Takeaway #4: Lucky? No. If you establish a strong “Brand of One,” good things happen. The press actively searches for websites like this. We call this “PREselling” and it’s a vital part of SBI!’s CTPM process.

Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

2. You’ve created two SBI! sites simultaneously, cell-tower-leases.com and cell-phone-towers.com, with similar content. What was the strategy behind that?

The strategy. Hmmm. I wish I could tell you that we had an elaborate business plan, but the two sites were born out of trial and error, not really out of a specific strategy.  

My first mistake was that I did not watch the SBI! Action Guide videos enough times.

I was very short on time, I was stressed out, had tons of bills to pay, and I had 3 months to sink or swim. So I just started building content pages, drinking lots of coffee and building more content pages. I kept at it until my first website was mostly done.

I initially built the cell-phone-towers site. It turned out to be a bit too wide a niche – dealing with all cell towers. Our business “plan” was to lock cell tower landlords and rooftop owners into management contracts, to sign land management contracts and to market properties where we suspected a cell tower was needed.

Once that first website started attracting some traffic, we submitted the first several contact forms and made the first dozen phone calls. And suddenly, once we had established contact, I realized people weren’t looking for a management company. They were looking for answers to their leasing questions.

Takeaway #5: Every successful SBI! member says the same thing when asked how s/he succeeded: “I followed the Action Guide.” Steve learned it the hard way.

The lightbulb in my head went off.

I realized that there was a need in the marketplace to provide answers and solutions for the 300,000+ wireless landlords in the USA.

And poof, that’s how we became a lease consulting company.

I decided to leave the initial site up, rewrite and refocus all the existing pages with a new direction and add more content. Then I built our second site. That site focused on providing help for landlords with their cell tower lease agreements.

I ended up creating about 70 content pages in all between the 2 sites. I’m glad I left both of them up – they’re actually both doing great.

Takeaway #6: A well-built Theme-Based Content Site delivers growing volumes of search traffic that sustains over time. Consider this approach over blogging unless your niche is extremely fast-moving (e.g., technology).

COMMENTS: Steve shares some strong business lessons with other solopreneurs here. First, he admits his mistake: he jumped into building his website without paying enough attention to the SBI! Action Guide.

Starting too fast, on a hunch, is the most common reason for solopreneurial online failure. SBI! puts heavy emphasis on doing the right preparation before starting.

Steve was under pressure and skipped the research and preparation steps. Time and again, SBI! members tell us that taking their time delivered an all-important foundation.  When done correctly, it’s not only the difference between success and failure, it’s like having a permanent tailwind pushing you to greater success.

In the world of building solopreneur businesses, the race goes to the tortoise.

Takeaway #7: Nothing is guaranteed. But if you learn and adjust, building a profitable business becomes highly likely.

While Steve was remiss in his preparation, he recognized his mistake and was prepared to learn from it. He saved his business because he listened to his potential customers, heard what they really needed – rather than what he thought they would need – and adjusted his business accordingly.

Takeaway #8: Don’t rely on what you think your target audience needs. Ask them. Listen carefully to what they say, and be prepared to change direction.

We call this the #1 lifeline to success.

3. Tell us about your philosophy regarding content. How do you know what your prospective customers are looking for? Where does this information come from?

Our content was easy to write. To be completely honest, the keyword numbers from the SBI! Brainstormer are not really that awesome for my industry. There were no juicy keywords at all.

But the SBI! Action Guide foresaw that possibility. It tells you not to be too hung-up on the numbers, to let human judgment rule. I didn’t have too much time to ponder, we just did what we thought was necessary to cover all our bases.

Takeaway #9: Keyword research is an important part of your preparation. It helps form the structure of your site and what you will write about. Numbers, though, are guidelines. Your own human judgment has the final say.

The Brainstorm It! tool spares the solopreneur the time-consuming, laborious process of developing and researching hundreds of keywords (topics and subtopics) that become the website’s theme.

But – computers cannot think. They collect and report data with incredible efficiency. But they cannot ask themselves, “Does this make sense for my niche?”

So, at all times, “be like Steve!” Of course, do keyword research. And then, use your knowledge and understanding of your niche, and your passion for the subject, to make the final calls.

“Do not become number-bound” is the advice we give SBI! members when they use Brainstorm It!, SBI!’s advanced keyword brainstorming tool.  (This tool does more than keyword research – more info here).

Master Keyword List
Use the numbers, but don’t be a slave to them. See how Brainstorm It! emphasizes that point (red oval)? You can also see that BI! does much more than keyword research. It gets increasingly smart, becoming almost a partner in the entire business-building process.

We are passionate about what we do. We wanted to help people get a fair deal in the David and Goliath struggle of “Tiny Cell Tower Landlord vs. Big Ugly Wall Street Funded Cell Tower Company.” And our passion made it easy to write about.  

Takeaway #10: Passion turns work into play. It is the second part of the “BAM” triumvirate. Do you have BAM?…

  • Brain: niche knowledge.
  • Attitude: passion creates a positive attitude that gets you through setbacks and enables you to “work ’til you win.”
  • Motivation: without determination, you’ll quit at the first setback (and you can count on at least one of those).

Both my partner Kevin and I had many years of cell tower industry experience, which translated well into our new direction. There are about 300,000+ cell site landlords in the USA, and there are always leases to be negotiated or towers being upgraded. That is the battlefield where we compete for visitors.

We were well positioned to catch the huge growth with 4G expansion, as the Smartphone craze has been the driving force behind the boom in wireless network expansion for the past several years.

Why does this help? Because every cell site has a lease. And when a landlord has a question, if they are searching for information online they will inevitably bump into one of our content pages.

There are 5 major cellular carriers and 3 major cell tower development and management companies in the USA. There are about a dozen different reasons landlords and property owners search for help regarding cell tower leases and rooftop cell site leases.

On the rooftop of the Traveller's Building two days after the 9/11 attack. Steve and his team helped Verizon bring over a microwave feed from New Jersey and deploy 26 portable cell sites in Lower Manhattan to support the rescue and recovery efforts.
On the rooftop of the Traveller’s Building two days after the 9/11 attack. Steve and his team helped Verizon bring over a microwave feed from New Jersey and deploy 26 portable cell sites in Lower Manhattan to support the rescue and recovery efforts.

So we just wrote about that on both sites, one page at a time. And we created C2 pages so people could ask us their questions direct.

Our 1,000+ C2 content “Ask the Expert” pages have generated countless customers for us.

Takeaway #11: Steve refers to the Content 2.0 (C2) module, one of the many tools that come with every SBI! subscription. SBI! constantly updates to integrate major new advances that are going to stick (e.g., RSS, User-Generated Content, Social Media, mobile, etc.). It ignores the fads that will pass. Our goal is to enable you to ignore the noise so you can focus on building a business.

C2 enables your visitors to write a new page on your site, complete with text and images. Other visitors can comment, so it becomes interactive.

It’s ideal for a Q&A section like Steve’s “Ask the Expert.” Rather than answering each question one-to-one (as you would do if someone contacted you by email), you answer it for every future website visitor who has a similar question.

The diversity of the questions asked and answered by you, and by other visitors, helps your site get found for more and more “long-tail” keywords. It establishes you as an expert between-the-lines.

In short, C2 helps you get customers directly – because they love the quality of your answers, and then hire you – and indirectly – because more and more people with similar needs find you.

4. After you provide all this valuable and free information, how do you “upgrade” people from being free content seekers to paying customers?

When Ken, SiteSell’s founder, talks about “warm, ready to buy visitors who are pre-sold” he isn’t kidding. I never have to hard-sell anybody, I just sign them up.

Well, New York City landlords are a special breed. They need a little extra nudging – but even so, we get a lot of them too!

New York City landlords… not the easiest customers!
New York City landlords… not the easiest customers!

Takeaway #12: The power of PREselling!

Our C2 content pages do most of the heavy lifting. People spend hours there reading questions and answers posted by us and others.

I suppose that somebody possibly could figure out answers to every question they have if they read every word, but 99% of them realize that they don’t have the time and that this is way out of their league. So they hire us to be their advocates. At least half of the customers we have say something like “okay, so how do we hire you guys?”

Takeaway #13: The power of PREselling! Oh, did we say that already?

5. You primarily monetize via your consulting services. Do you have, or plan to introduce, any other monetization methods?

We also monetize via referrals for some services, which is about 15% of our business. We are working on one right now, but it’s premature to write about. We’re always thinking of ways to develop our services.

Takeaway #14: CTP is the engine that drives M.  Once you have highly targeted, PREsold traffic, dreaming up new ways to monetize is a pleasure.

6. How long did it take to start earning an income from your sites? Is it a full-time income (replaces a job) or a part-time income?

During our first 3 years we worked the business as a part-time venture. I worked as a limo driver, contract recruiter, and even as a bail bondsman before it became a full-time gig.

We started this business at the time of the Wall Street downturn (Lehman Brothers, etc.). It was a lot of hard work, and we had to get over a few ups and downs until the momentum really kicked in.

By the 4th year – somewhere in 2012 – the SBI! websites we had were supporting my family and my partner’s family. So it became a full-time “job” for both of us. I guess if I had been a true “solopreneur” working by myself it could have happened quicker, but working with a business partner has huge benefits.  

Takeaway #15: Know yourself. Most SBIers are pure solopreneurs, working on their own from home. Few start with a partner (excluding spouses), although they may outsource to companies like Fiverr or Upwork for special services.

As the business grows, they may add a part-time employee, maybe even a full-time one. At some point, though, many have to make an important decision…

“Do I K-I-S-S or do I add employees and grow this really big?”

Many elect to remain solopreneurs, and for a really great reason…

 

Steve and his family enjoying the outdoors in their Idaho backyard.
Steve and his family enjoying the outdoors in their Idaho backyard.

Steve says: “Without SBI! we could never live here.”

Takeaway #16: That is the feedback that motivates everyone who keeps pushing SBI! above and beyond anything else. We’ll never be a huge business because there just aren’t that many people with BAM. And that’s OK – we don’t want to be huge, just great.

OK, OK, I guess that’s our takeaway and not yours. We just wanted to take the opportunity to let you know what drives us… you.

7. You mention “Principals” and “Partners” on your contact page. How big is your team? Do you also have employees or do you work solely with contractors and partners?

There are only 2 of us, with no employees, but we look a lot larger online. I am the face of the company, and we keep my partner chained in the back room utility closet and only bring him out for customers to see when we need an 800 pound gorilla to bang a square peg into a round hole.

Occasionally we’ve hired a virtual receptionist company to answer call overflow at times when both of us were on projects, so callers could speak with a live human when they called.

Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

Steve’s humor, what we call “voice,” gives him an edge over his competition in the rather boring world of cell tower leases. Yes, that’s him in the picture!

Takeaway #17: Learn about “voice” in this free download, Make Your Content PREsell!. It’s worth its weight in gold – and we don’t bug you for your email address.

8. You’ve become the top consulting firm in the USA for cell tower landlords. What do you see as the major contributors to this success?

Without hesitation I can tell you that our SBI! sites were the springboard to our success. I’ve studied our competitors and I know from feedback we get from customers who shopped around before they hired us, we are not the cheapest from a pricing standpoint. Our website is what sells them.  

Takeaway #18: Did we mention the power of PREselling yet?

We also integrated some dry humor into the sites, making us “human” and not corporate-sounding at all. I chose to use my own web template and we have purposely decided not to make it look flashy or ultra cool or slick. We want it to look like two real people built the site. That’s just our opinion, but it works for us.

Recently we even had a side discussion on a very popular blog where there was a thread about cell tower leasing values, and a blogger posted a link to one of our pages. Here’s the conversation:

– This website, although aesthetically horrifying, has great information and is a great resource for this kind of thing.

– You’d think that someone making an informative, up to date (2015-ish) website, would understand the importance of not wanting it to look like something from 1999. Am I right?

— Maybe not, sometimes ugly websites are associated with more credibility, as people tend to distrust the information found in slick marketing efforts.

-– Have you seen Berkshire Hathaway’s website?

So essentially we were called ugly, but they pointed out we had great content. Then they compared us to Warren Buffett’s website. LOL!!!

Out of the Ashes to a 7-Figure Income: 23 Lessons to Build a Truly Profitable Business

Yes, we see the resemblance.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s