Get All Access for $5/mo

When It's a Good Idea to Give Away Your First Product to Make Sales Later Peter Voogd offers a few tips for those who are just beginning to build their business.

By Peter Voogd

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Peter Voogd shares a few secrets that can set aside the 1 percent of entrepreneurs from the other 99 percent. The entrepreneur talks about the importance of possessing an unshakeable mindset while taking on the role of entrepreneur. A part of this mindset includes making sure you're establishing leverage and scale for your business so you are not forced to concentrate on leads forever.

Moreover, when you ask your customers to pay a substantial amount of money for your products and services, you should be prepared to give past the amount of effort that is expected from you. When customers pay top dollar they not only want to get their money's worth, but wouldn't mind being blown away by what you can offer.

Finally, Voogd recommends in order to get the word out on your orders, consider giving your stuff away. Even though you may think you have a terrific product, it will mean close to nothing until you share it with the world.

Click the video to hear more from Peter Voogd.

Related: When You're Feeling Unmotivated, Remind Yourself to Be Grateful

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Peter Voogd

Leading Authority for Young Entrepreneurs

Peter Voogd is the author of the best selling book 6 Months to 6 Figures, as well as the founder of The Game Changers Academy. He's a leading authority on Gen y leadership who has trainedand inspired well over 4,500 entrepreneurs with his true story of going from dead broke to a six figure income within six months. His podcasts, videos, websites and social media reaches more than 200,000 people monthly.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Peter Voogd

What You Should Do When You're Not Where You Want to Be

How to Turn Anxiety Into Confidence

Why the People in Your Social Circle Often Define Your Net Worth

Starting a Business

10 Traits of Successful Entrepreneurs That Investors Love (Even If They Seem Like Jerks)

This article explores a thought-provoking question: Why do many successful entrepreneurs exhibit traits that might label them as "jerks?"

Innovation

These Entrepreneurs Created a League That Turns Gamers Into Pro Race Car Drivers: 'We're Giving Drivers a Sustainable Career Path'

Racing Prodigy's innovative E2Real sports league is lowering the high-cost barrier to entry for drivers to take their passion to the track.

Franchise

McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback

The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.

Business News

'Faster, Smarter, and More Relevant': Reddit Tests AI That Combs the Site For You

The AI is like a blend of Google and ChatGPT, tailored specifically for Reddit.

Leadership

Want To Be A Better Coach At Work? Start With These Unexpected Insights

I had many coaches outside of business teach me invaluable lessons about developing people.