What I learned From The Financial Blogger Conference #FinCon12

by Khaleef Crumbley on September 13, 2012

in Blogging

If you remember my recap of fincon11 (be careful, it’s over 3,000 words full of tips), you will recall that I learned a lot about running a blog, providing relevant content, and connecting with my readers. This year, my biggest takeaway from the Financial Blogger Conference was the importance of relationships!

FinCon12 Logo

I Need To Build Better Relationships With My Readers

Just about all of the keynote speakers talked about the need to build strong relationships with your readers. Whether it’s by immediately answering emails, responding to comments quickly, or even writing articles which seek to directly answer common questions.

In the field of personal finance much of the information that we share has already been covered on the internet in some form. Therefore, we must work on building relationships with our readers in order to provide them with unique value.

We can do this in three distinct ways:

Be Personal – don’t just churn out generic information and expect people to return or even share your site with others. Inject some of your personality into your writing and this will help you to stand out from the rest of the sites which provide the same information.

Apparently, most people love stories (I don’t, but I’m not like most people). They will better be able to handle and digest certain information if it is wrapped around a story. I plan to be a little more personal with all of my readers, when it is appropriate. Even though I am not comfortable with doing that (as you can tell by my past articles), I have to make this change in order to better help the people who use this site as a resource of financial and biblical information.

Be Transparent – this does not mean that you have to share every detail of your life, but it does mean that you have to be open and honest with whatever you do share.

For example, if you write about investing, don’t just share basic information about your portfolio, go the extra mile and share the reasoning behind all of your trades and holdings. The same is true for just about any other topic. Talk about the thoughts, desires, and decisions that resulted in your current position – that will help people a lot more than just regurgitating standard information!

If people can see that I am being honest and upfront about my thought pattern and even my faults and failures, it will help them to be able to trust my advice and recommendations, and they will be more eager to leave comments, ask questions, and help out other readers!

Respond Quickly – This is something that I am continuing to work on. I need to make sure that I am responding to all comments and emails quickly. People who read personal finance websites (especially one based on biblical principles) are usually looking for advice that will help them with an immediate decision. I need to be more mindful of this fact and make the sacrifice for my readers.

I Need To Build Better Relationships With Other Bloggers

A couple of people talked about the folly of blogging for other bloggers (yes, Sandy, I know that I shouldn’t be posting this ;-) ), and I completely agree with them. However, I know that my website does not exist in a vacuum and I need to build strong relationships with others who are trying to help people in the same way that I am.

Since I began this site a couple of years ago, I have had a number of questions regarding my website, social media, SEO, interacting with advertisers, regulations on how we give financial advice, and a host of other issues. At the beginning, I had to search for hours and hours for answers, since I hadn’t developed any relationships with other bloggers! Now, when these questions come up, I have a number of people who I can call on for either a quick push in the right direction or a full-blown consulting session.

Also, it was great to be able to talk with so many people at the conference who share some of the same passions as I do. There aren’t too many people in my life who want to have conversations about the economy, personal finances, or even about what God has to say about money, but I found myself in the same room with over 300 people who could easily start talking about personal finance (and even about 5 or 10 who base their financial decisions on God’s word!).

So, by developing meaningful relationships with other bloggers I will be able to cut down on the time it takes to search for answers related to blogging, interact with people who share the same passions, and come up with great ideas on helping our readers get their finances in order!

Hopefully, you will see a change not only in my writing, but also in my accessibility and willingness to build meaningful relationships!

© 2012, KNS Financial, LLC. All rights reserved.

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{ 24 comments… read them below or add one }

Ben @ Bedrock PF

I totally agree with your assertion about building relationships with not only your readers, but other bloggers. I have been a PF blog reader for quite some time, and really enjoy getting to “know” the writers through their life stories. I am the opposite of you, though. I sometimes share too much, and then regret putting it into print! ;) I’m sure there is a happy medium, and we’ll both find it!

Excellent posts…I hope mine will be this well informed one day!

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Fox

I had a great time reading your article Khaleef. Too bad i didn’t make it to Fincon but there’s always another year. I hope i make it then.

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Khaleef Crumbley

Thanks! Yeah, hopefully you will be able to make it to the next one. It seems like this year didn’t work out for a lot of people.

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Financial Samurai

Hey Khaleef! It was great to meet up! Great job losing your weight this year. Looking good man!

Share with us why you don’t like to read about stories? I find them fascinating!

S

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Khaleef Crumbley

Hey Sam, it was great meeting you as well.

I have to be careful about how I respond…I don’t want to get hate mail from bloggers! lol

I never heard of a “blog” until I started this site, so I’m not used to reading financial information wrapped around a story. When I do a search, I just want to learn the facts about a topic and how it will apply to me and/or my clients. I don’t want to filter through 1,000 words of a story in order to get the 150 words of facts…or simply a link to where the facts are located. I really don’t care about the minor details about someone’s life who I don’t know and will probably never meet…unless they are a masterful story teller (or very funny). I’d rather read a well-researched academic paper than someone giving the same information wrapped around a story about their dog.

I hope that doesn’t sound mean. But I guess that’s why my site is not on the level of the great story tellers in the PF community…I don’t know how to engage readers on that level.

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Financial Samurai

Very interesting perspective! I can understand that completely.

I’m going to experiment with dry factual posts more. They do much better for affiliate income I believe.

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Harry @ PF Pro

Nice tips, I definitely need to go next year! It’s important to develop relationships with other bloggers like you mention, that’s what I’ve been working on this summer :)

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Khaleef Crumbley

Thanks Harry!

It’s extremely important and can be a great source of help and motivation. I just wish I had more time to devote to building relationships.

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Lance @ Money Life and More

Nice writeup! I can’t wait to go next year!

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Khaleef Crumbley

Thanks Lance! I think it’s going to be huge next year. The personal finance space just keeps growing and people are getting excited about the conference.

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Jenna, Adaptu Community Manager

It was great meeting you and your wife at FinCon this year. Can’t to see how Faithful with a Few grows this year!

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Khaleef Crumbley

It was great meeting you as well. Next time, we’ll have to talk before we all get exhausted from the conference!

Maybe we’ll see you at FinCon13 in Portland next year. ;-)

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DC @ Young Adult Money

It seems like you got a lot out of FinCon! I wish I could have been there, but the timing just didn’t work out.

I like your takeaways, and I think it’s important that the content that personal finance bloggers put out is relevant and tailored to their market or niche. My readers are going to primarily be young adults so I have to keep that in mind when I write.

Looking forward to connecting with you and staying in touch.

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Khaleef Crumbley

Being able to meet so many people who I interact with online was great. That was definitely the best part for me. That helped to show me why developing relationships is so important.

I haven’t done a great job of writing for a specific group, so I need to improve on that.

I look forward to connecting with you as well. Thanks for stopping by!

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Kylie Ofiu

It was so great to see you at FinCon again. you guys are really inspiring and such a cute couple. I learnt so much throughout the conference and can’t wait for next year.

I, like you, realised I need to share more of me. I had sort of stopped doing it as much for a while, but it was why I started blogging – to share what I was doing to help others, and when I do it, I get a greater connection with my readers and other bloggers.

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Khaleef Crumbley

It was so great seeing you as well! To be honest, we were really looking forward to it.

You do such a great job of connecting with your readers, so if you say that you need to do more of it, then I know I better!

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Jessica @ Budget for Health

I’m excited to see you implement these changes. Building relationships with other bloggers & readers has definitely made running my site more enjoyable. Sounds like FinCon was awesome and you learned a lot- you look great in that pic Crystal posted in her recap of the conference! Did you get a lot of pats on the back for the weight loss?

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Khaleef Crumbley

Thanks Jessica! I hope that it makes a noticeable difference with the site.

I didn’t see the picture yet, but I’ll take a look at it soon. Yes, everyone who was there last year or who had kept up with Fat Guy, Skinny Wallet this year said that they could notice a huge change. It was great to hear it so much and it only motivated me to keep going so that I can be in great shape next year!

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Kathleen @ Frugal Portland

I love your insights — It’s easy to think that your whole audience is comprised of bloggers, since we’re the commenters.

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Khaleef Crumbley

Thanks Kathleen! I wish I would have gotten a chance to talk to you at the conference…you were too popular. ;-)

I have always concluded that only bloggers read my posts, because they are the ones most likely to comment; but I know better now.

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Brent Pittman

Thanks for sharing. I also have to fight a strong urge to write for others in the personal finance community instead of my readers. I have to keep going back to the motivations and reason why I started my site to keep me grounded.

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Khaleef Crumbley

Thanks Brent! I think that I am going to have to keep re-evaluating my motivation for writing.

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Kembala

Khaleef, thanks for sharing your key takeaways from FinCon12!!!

This is good stuff. I really appreciate you taking the time to share your thoughts with us. It looks like relationships are key in every area of life!

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Khaleef Crumbley

Thanks Kembala!

I definitely learned more about the technical aspect of blogging last year (which is why that post was over 3,000 words), but this year was more about building relationships. You’re right, they are key in all areas of life.

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