More than 15 years ago, a friend of mine pitched me this idea:
“Let’s band together and create a CMS (content management system) app that people can use to build their websites.“
My reaction?
“That’s dumb! Why would you create a paid CMS app when you have WordPress and Joomla that are feature-rich and free? How are we going to compete with that? Why would anyone pay for using our app?“
Time proved me wrong.
My (no longer) friend moved on and partnered with someone else. They created the CMS, and they sold the service to lots of customers.
Many years later, when I discovered this, I was confused. I could not understand who would pay money for a service that you could get for free elsewhere. I imagined that were regular users who were duped into buying this CMS app.
But I was wrong again.
Eventually, I discovered on my own that I would pay for software that had a free alternative. Why? Because it saved me time.
“Fast Beats Free” – I’ve heard this line from Alex Hormozi, and it clicked so hard in my head as many puzzle pieces were falling into place.
As a young person, when I had lots of time and no money, I would always go for the free stuff since I imagined I would have plenty of time to figure it out. But a paid service is for people who already realized that time is the most valuable resource, so they would gladly spend money to save time.
So how do you compete with WordPress or Joomla!? You provide the same service faster and with customer support. And that is exactly what my friend did. And his customers were not duped, but they got immense value from building their website in hours instead of months. It was truly a win-win situation that I could not see.
I hope this story will challenge you to think differently about how you go around building your online presence. And to realize that if someone can help you do it in a few days, they are worth way more than someone who can help you do it in six months! Even though the six months person works longer and harder for you.
It’s not about the effort; it’s about the results and how fast you get them.