Community Questions: August 2024

The Business Development Podcast

Episode 161 of The Business Development Podcast is a special Q&A session where host Kelly Kennedy engages with questions from the community. Kennedy reflects on the journey of the podcast, celebrating over 160 episodes and more than 210,000 downloads. He encourages listeners to continue submitting their questions, assuring anonymity if requested, and highlights the importance of sharing the show on platforms like Spotify and LinkedIn to further its growth.

One of the standout questions in this episode comes from Aaron James Russell, a British Army communications engineer transitioning to the private sector. Kennedy provides thoughtful advice for those experiencing imposter syndrome and performance anxiety, reminding listeners to embrace challenges as opportunities for growth. The episode concludes with Kennedy expressing gratitude to the audience for their ongoing support and urging them to stay connected through social media and future submissions.

Key Takeaways:

1. Transitioning from a side business to full-time requires careful planning and consideration.

2. Short, sweet, and personalized subject lines are effective in business development and sales outreach.

3. Building a network and slowly building clients are two potential approaches to transitioning to a side business full-time.

4. Active marketing and reaching out to stakeholders is crucial for business development.

5. Persistence is key in reaching out to potential clients, with an average of 8 to 11 direct reach outs needed.

6. Keeping subject lines short, relevant, and engaging is important for email engagement.

7. Trial and error is essential in finding effective subject lines for email outreach.

8. Personal connections and engagement with potential clients are more effective than formal approaches.

9. The importance of community questions and sharing common concerns in business development and entrepreneurship.

10. Gratitude and appreciation for listeners and supporters is crucial in building a successful business

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