Posts Tagged ‘entrepreneurship’

by Brian Casel  ·  3.24.2010  ·  Business

Days before launching ThemeJam in early February, I posted about my expectations for this new venture.

Today, nearly two months after it’s launch, I’d like to reflect on some of the early developments for my new WordPress themes business.  I’ll start by addressing some of those expectations I had posted about prior to launch:

Increased client work?  Not so much…

This comes as somewhat of a surprise to me.  I had expected to draw at least a few inquiries for custom wordpress design/dev work from customers or followers of ThemeJam.  Although it’s still early, it seems that hasn’t happened, at least not directly.  I can only assume that the folks who shop for premium WordPress themes come from one of two camps:

  • They are developers themselves, looking for a nice theme to base their own customizations on.
  • They are end-users, looking to quality WP themes as an alternative to hiring a web designer.

I’m happy to serve both of these customer-types and interested to see things move forward on this front.

Customer Support, not a huge burden (at least not yet)

Granted, this is likely due to the fact that my customer base is still very small.  However, definitely to my surprise is the fact that a pretty low percentage, around 5% of paying customers have required customer support.

I think a few things factor into this:

  • I went above and beyond in writing documentation and providing detailed instructions built into the themes.  I think (hope) it’s pretty hard to get confused with how the theme options work.
  • Prior to purchase, I make it extremely clear what’s included.  I provide full functioning theme demos, plus screenshots of the expanded theme options panel.  A few themes even have video walk-throughs.

For those customers that did require support, I’ve been receiving positive feedback on my responsiveness and willingness to help (even for the free theme, which I don’t officially support).  I take this as a good sign, which I hope will lead to referral business, the same way it did for my freelance work.

Marketing.  Still much to learn.

The marketing effort has been pretty up and down since launch.  I started off with somewhat of a push, and have since pulled back to focus more on expanding my catalog.  There’s no doubt that more traffic leads to more sales.  Though I’m still working to develop the best strategy for building a strong customer base.

Clearly, the field for premium WordPress themes is a super-competitive one.  Even since the launch of ThemeJam, I’ve seen so many new guys pop up, some of which show a lot of promise.  I plan to figure out ways to differentiate ThemeJam both in our product offering and the way it’s marketed.  More to come on this front…

If I had to start from scratch?

I’d start with a much simpler approach.  I should have scaled down the planning phase.  I should have aimed to launch sooner than I did, with a simpler themejam.com website.  I think I stressed too much on perfecting the site as well as the themes before pulling the trigger on launch.

I’m currently reading Rework, which advises:

“It’s better to launch with half a product than a half-assed product”

Not that ThemeJam is half-assed in any way (quite the contrary).  It’s just that I probably spent way too many work hours prior to launch than I could have.

Having said that, I don’t regret any of it because the whole process really pushed me to sharpen my skills both as a designer and WordPress developer.  I feel more confident than ever in these areas and I’m continuously driven to improve on upcoming theme releases.

Stay tuned for more developments…

by Brian Casel  ·  2.15.2010  ·  Inspiration, Quotes

“Launching pretty fast almost always works.” … “Sitting around, spending a long time noodling on the idea is almost always a mistake.  It’s like a form of procrastination that you can convince yourself is work.”  — Paul Graham, during a mixergy.com interview

Yet another awesome entrepreneur interview from one of my favorite sites, mixergy.com.  This one is with Paul Graham, the guy behind Y Combinator.

This quote really struck a chord with me.  When working on personal projects, it’s always tough to take a step back, fight the urge to be a perfectionist and just pull the trigger and launch.  It’s definitely a wise move to launch your startup (or website, project, or whatever it is) sooner rather than later.  Get feedback, tweak and improve things as you move along.  Don’t aim for perfection before day 1, because that’s simply impossible.

Here’s the video:

by Brian Casel  ·  2.8.2010  ·  Quotes

How long can you continue to support your work without financial profit? For those of you who have never had to pay your utility bill yourself or feed whole families with a salary, or worry about health insurance for a spouse, you will undoubtedly say, “Forever, because it’s about passion and community.” For those of you with that mindset, I hope your parents live forever and keep enabling you to live in their basement while they work to pay for your passions.

via Why We Need a Premium WordPress Plugin Market :: Cory Miller | Adventures in Entrepreneurship.

This is a really great read from the Cory Miller (the guy behind iThemes).  He articulates perfectly just about everything I’ve been thinking in regards to businesses based around WordPress.

Designing and developing for the WordPress platform is a passionate trade.  Anyone who is deeply involved with it will agree.  But many will argue that passion and community cannot coexist with profit and sustainability.  I flatly disagree with this idea and as Cory so eloquently points out, “passion + profit can and must co-exist.”

by Brian Casel  ·  1.28.2010  ·  Quotes

If you are getting into the game to make a quick buck, I would suggest thinking again.  – Jason Schuller of Press75.com in a Group Interview of WordPress Theme Sellers

So I’m four days away from the launch of my new business, ThemeJam.  99% of the preparation work is complete, and I’m finally ready to release this thing into the wild.  During this quiet time before the big event (the launch), I’d like to reflect on my expectations for my new venture:

If nothing else, more client work

Obviously, one of my main motivations for starting a product-based business was to have an alternative to client work.  Something that generates recurring income, and offers more creative freedom than is usually the case when working on projects for clients, who have a very specific set of needs.

But I think that by selling high quality WordPress themes (and email templates), I will actually attract a new type of client:  Those that purchase my themes, who want customization work done by the theme author himself (me).  Of course, I will welcome these opportunities and if custom work accounts for the bulk of the income from ThemeJam, I’m perfectly fine with that.  I absolutely love designing and developing on WordPress, and client work via ThemeJam only means more of that.

A massive learning experience

More-so than anything else, I’m excited about the lessons I will likely learn the hard way (by failing, then correcting).  Outside of the actual design and development aspects of producing themes, there are many things about this type of business that I’m taking on for the first time.

One example is marketing my own products online.  I haven’t ever spent on advertising for my freelance web design work.  ThemeJam will be the first time I run paid ad campaigns so I’m anxious to see what the return on investment will be, how I will need to tweak my approach, what works, what doesn’t, etc.

Another example is offering customer support for products.  I think this should come fairly easy since I’m already very used to offering great support for my freelance clients (via email, phone, IM).  But support on ThemeJam will likely involve many more and frequent requests.  It will also be the first time I conduct support via an online forum.

A chance to build a reputation in the WordPress community

I’ve already developed a solid network of word-of-mouth referrals for my freelance web design business.  I’m hoping to bring this to the next level in the coming years by establishing myself and my businesses as a trusted name within the WordPress community.  As I said, I love working with WordPress more than any other skill within the realm of web design, and I’m hoping to dig deeper into this part of my career.

A stepping stone to whatever is next…

I am an entrepreneur.  I’ve got the bug.  I’ve got an over-active mind, constantly dreaming up ideas for the future.  A new project, a new business, a new angle.  ThemeJam isn’t even launched yet, and already I’ve got a few specific ideas for future ventures (some expansions within ThemeJam, some separate).

ThemeJam will be my stepping stone to these other ventures.  I will learn a ton, refine my approach, and apply these lessons to future startups.  I will leverage the popularity (if any) of ThemeJam to launch the next thing.

I’ve never been more excited about my career than right now.

by Brian Casel  ·  1.6.2010  ·  Quotes

We entrepreneurs have the special ability to see the positive in things that others see as only negative.  – Startup Advice: It’s a State of Mind.  By JunLoayza

This is from a fantastic read about refreshing your current state of mind, boosting morale, and addressing problems from a new perspective.

I can certainly relate to the idea of keeping an optimistic and positive point of view when it comes to meeting challenges.  In fact, I think this is a quality that every entrepreneur shares.

When we’re confronted with a problem, we see an opportunity to solve it.  We don’t question whether or not to do something.  We question, how can it be done?

It’s this attitude that drives us to keep going.

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