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Reach your ideal clients and generate revenue with creative collaborations

💡You should also make a dream list of people you’d love to collaborate with and make it your mission to connect with them.

Are you looking for new ways to collaborate with other independent business owners to grow revenue and build brand? If so, this episode is for you. I’m joined by Danielle Wiebe, a community builder, collaboration expert, and business strategist who talks about how you can use creative collaborations and partnership strategies to reach your ideal clients.

Danielle gives us so many tangible tips on the different ways business owners can collaborate, how to cold pitch potential collaborators, and how to move forward if a collaboration doesn’t work out. You’re going to walk away with new and innovative ways to collaborate with other business owners to help generate revenue in your business.

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Transcript

What is a creative collaboration?

The term collaboration has become broad, and there are many ways to collaborate as a business owner. However, creative collaboration involves creating something of value that didn’t exist before with one or more other people. 

It brings together other people with different backgrounds, different skill sets, and different audiences to create something beautiful.

Danielle has been collaborating with other businesses since she launched hers in 2014. There weren’t many opportunities for entrepreneurs to connect in her city, so she hosted a pop-up event. Each year her event has grown and taught her the value of collaboration.

The benefits of creative collaborations 

The power of creative collaborations is that they have a ripple effect. They can benefit your business, your collaborator’s businesses, and the communities that your businesses impact. 

Other benefits include:

  • Relationship building
  • Potential for audience growth
  • Potential for revenue growth
  • Cultivating your skills
  • Expanding your resources

Some of the benefits of collaborations are immediate while others grow and present themselves over time as you develop relationships. 

Types of creative collaborations

  1. Creating content collaboratively. For example, hosting someone on your podcast, writing a guest blog, or collaborating on social media posts. We did a CollabCast with Ellen Yin and her podcast, From Cublicle to CEO
  2. Host or join events. You could host in-person or virtual events and coordinate the guest speakers.
  3. Bundle your products with products from other businesses with your ideal audience. You could also offer a sample of another person’s product with the purchase of your product.

How to be innovative with your collaborations

Think about what you’re already doing in your business and ask yourself how you could make it collaborative. If you’re hosting a workshop, how could you bring other business owners on board? 

When you’re brainstorming collaborations, think about the value you can bring to the offer. Why is it worthwhile for other entrepreneurs to be part of what you’re doing? How can you make it a win for everybody?

Finding the right collaborators 

So many business owners hold themselves back from collaboration opportunities because they have a small audience. Instead of thinking about your audience size, think about the value you can provide. 

Next, show up in communities with audiences that you want to get in front of and invest in them. Spend time building relationships before reaching out about a collaboration. 

You should also make a dream list of people you’d love to collaborate with and make it your mission to connect with them. Figure out how you can provide value to them.

Sometimes you need to pitch yourself for collaborations, like pitching yourself to be on podcasts. Make sure you do your homework and listen to the podcasts, as well as rating and reviewing them. In your pitch, explain why the podcast resonated with you. 

You will inevitably encounter rejection when you pitch yourself for collaborations; however, it’s important to remember that a no is not a no forever. People are impressed when you reach back out to them in several months to follow up on the collaboration. 

Cold pitching strategies

It’s important not to go into a cold pitch fully cold. Before you email a business, you should follow them on social media and engage with their content. Make sure their values align with yours and that they are still a good fit for you to collaborate with. 

Next, find out if you have any similar connections. For example, maybe you both attended the same event. If you have a connection in common, you could ask that person to do an introduction. 

Pay attention to anything exciting the business has coming up, such as a launch, and brainstorm ways you can contribute to it. If you host a podcast, you could ask to interview them so that they can promote their launch on your show. 

The key is to be authentic and honest. You need to build trust with your collaborators, especially if you don’t have an existing relationship with them. 

Collaboration etiquette

  1. Be specific and transparent in your approach
  2. Create something amazing that people want to be a part of
  3. If you want to collaborate with 10 people, pitch to 100 people

How to avoid getting burned in collaborations

Before you enter into a collaboration with someone, look for potential red flags. The more you know before you go into the collaboration, the better. You want to trust that the business you’re collaborating with will hold up their end of the deal.

Sometimes collaborations flop even when everyone involved does their best. This usually happens because your audiences are not aligned. It’s better to collaborate with someone who has a niche audience than someone with a large audience that doesn’t align with yours. 

Set up your expectations at the beginning of a collaboration and communicate well throughout the process to make sure nothing falls through the cracks.

You can learn something from every collaboration, even when they don’t go well. You may learn that you don’t want to collaborate with that business again, or that you need to collaborate with them differently. 

The biggest differentiator between the businesses that succeed and the ones that fail

Danielle believes that the biggest differentiator between the businesses that succeed and the ones that fail is tenacity and focusing on community. 

Important sections of the conversation

  • [1:38] What is a creative collaboration?
  • [2:56] Danielle’s journey with creative collaboration
  • [7:19] The benefits of creative collaborations 
  • [11:02] Types of creative collaborations
  • [15:27] How to be innovative with your collaborations
  • [19:34] Finding the right collaborators
  • [26:39] Cold pitching strategies
  • [33:19] Collaboration Etiquette 
  • [37:53] How to avoid getting burned collaborations
  • [44”51] The biggest differentiator between the businesses that succeed and the ones that fail

Resources mentioned

Connect with the guest

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