Podcasts about category kings

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Best podcasts about category kings

Latest podcast episodes about category kings

Where We Grow from Here
Becoming a Category King with the Play Bigger Team

Where We Grow from Here

Play Episode Listen Later May 30, 2024 41:17


In this episode, Chuck Templeton sits down with Jason Wellcome and Mike Bruno, advisors at Play Bigger, to discuss the methodology behind category design. The discussion unpacks how companies can shift their thinking from making better products to forging entirely new market categories, drawing on illustrative examples like Qualtrics' evolution from survey tools to an experience management platform. Jason and Mike delve into the strategies that enable businesses to identify unique problems, achieve "Category King" status, and ultimately drive unprecedented growth and market leadership. This episode offers valuable perspectives for investors and entrepreneurs keen on leveraging category design to secure a competitive edge.Key Topics:Problem Identification: The Play Bigger team emphasizes the importance of pinpointing unique, high-impact problems that consumers often overlook. This critical step lays the foundation for creating a new market category, setting leaders apart from competitors focused merely on iterative improvements.Creating a Category Blueprint: Establishing a new category necessitates a detailed blueprint that ensures both customers and competitors grasp the full scope and transformative potential of the new category, fostering wider market adoption.The Advantages  of Category Leadership: Leading a new market category offers substantial economic benefits, with "Category Kings" capturing up to 76% of the category's total value. Inventing a Taxonomy: Effective category design involves crafting a distinct language and taxonomy. This effort not only differentiates the new category but also educates the market. Iterative Validation and Organizational Alignment: The journey of category design is iterative, requiring ongoing validation and alignment within the organization. By engaging leadership and synchronizing efforts across all departments, companies can ensure cohesive execution and maximize their chances of achieving market success.Resources:Play Bigger This content is for informational purposes only, should not be taken as legal, business, tax or investment advice, or be used to evaluate any investment or security, and is not directed at any investor or potential investor in any investment vehicle sponsored by S2G Investments, LLC or its affiliates (“S2G Ventures”). Investing involves risk, including the risk of loss. The opinions expressed do not necessarily represent the views of S2G Ventures. Specific companies are mentioned herein solely for educational purposes and should not be construed as an endorsement of any particular company or investment. Please note that S2G Ventures may maintain investments in the companies mentioned herein. For more important information, please see www.s2gventures.com/disclosures

investing llc advantages inventing qualtrics play bigger becoming a category mike bruno category kings
Lochhead on Marketing
195 From Category Contenders to Category Kings with Al Ramadan

Lochhead on Marketing

Play Episode Listen Later Mar 13, 2024 91:17


On this episode of Lochhead on Marketing, we enjoy the first of many visits from Al Ramadan in 2024, as we talk about moving from being a Category Contender to a Category King. We'll dig into what is a category contender in what it takes to win the 18-to-36-month epic category battle that every tech startup faces. So if you're an entrepreneur or marketing leader who wants to go beyond competing to actually create and dominate your own market, you're in the right place. Welcome to Lochhead on Marketing. The number one charting marketing podcast for marketers, category designers, and entrepreneurs with a different mind. Al Ramadan on Tech Industry Category Development and Dominance Christopher and Al discuss the concept of being category contenders, reflecting on past research and their book on category kings. They emphasize the dominance of one company, earning around 76% of the economics in every tech category, despite skepticism. They outline the three phases of category development: define, develop, and dominate, taking approximately 15 years. They note outliers like open AI and Google's swift battles, contrasting with Salesforce's longstanding dominance. They highlight the importance of category design, likening it to a fast-paced battle where one company wins all, stressing its critical role in the tech industry's landscape. Market strategy in a competitive industry Al and Christopher discuss marketing strategies in a competitive industry, emphasizing the importance of a winner's mindset and setting the agenda. They share a scenario where a leader in a crowded field differentiates by framing the problem uniquely, focusing on end-user needs rather than feature sets like competitors. Both highlight the futility of incremental strategies and the significance of capturing mindshare by empathizing with customer problems. They term this the "Battle Royale" for mindshare, where winning means addressing the core problem effectively, rendering feature comparisons irrelevant. Christopher also stresses the pivotal role of understanding customer problems in securing market dominance. Category design and understanding customer needs Al and Christopher discuss category design and understanding customer needs. They highlight the importance of framing the problem uniquely to differentiate in a crowded market. Christopher shares a scenario where a leader in a competitive field focuses on customer needs while competitors emphasize feature sets. They critique the common focus on technology rather than customer-centric solutions, illustrating with examples from Gartner's history and Google Plus. They emphasize that categories are about customers' problems and opportunities, not just technology, stressing the significance of defining the problem scope to win in category battles. To hear more from this Al Ramadan and Christopher Lochhead dialogue, download and listen to this episode. Bio Al Ramadan is a co-founding partner of Play Bigger Advisors and coauthor of the book, Play Bigger. He also co-founded Quokka Sports, which revolutionized the way people experience sport online. Al then joined Macromedia and Adobe, where he spent almost ten years changing the way people think about great digital experiences. At Adobe, Al led teams that created the Rich Internet Applications category and helped develop the discipline of experience design. In the early ‘90s he applied data science to Australia's Americas Cup — an innovation in sports performance analytics. His work in sailing led directly to the idea for Quokka. He lives in Santa Cruz, California. Links Connect with Al Ramadan! Play Bigger | LinkedIn | Category Contenders | The Science Behind Category Design Don't forget to grab a copy (or gift!) of one of our best-selling books:  Snow Leopard: How Legendary Writers Create A Category Of One  The Category Design Toolkit: Beyond Marketing: 15 Frameworks For Creating & Dominating Your Niche

Young Entrepreneur Lifestyle 2.0
Investing Advice for Beginners w/ Kiana Daniel

Young Entrepreneur Lifestyle 2.0

Play Episode Listen Later Jul 27, 2023 28:26


Discover the empowering insights of investor and stay-at-home mom, Kiana Daniel, as she simplifies finance concepts for all audiences. With a passion for financial literacy, Kiana advocates accessible investment education to help individuals and families build and preserve wealth. In this essential podcast, Kiana sheds light on the art of investing and unveils the significance of "Category Kings," making it a must-listen for anyone looking to secure their financial future in today's ever-changing economic landscape.  

The Daniel Gomez Inspires Show
144: How to Design, Launch, and Dominate Your Own Market Category with Sean Douglas

The Daniel Gomez Inspires Show

Play Episode Listen Later Jan 17, 2023 49:16


"Do something legendary. If it ain't legendary, then don't do it." —Sean Douglas   The biggest household names in the world all have one thing in common: an incredibly strong brand and a history of delivering on their promise. People are heavily influenced by brands and often make decisions based on the reputation of the brand. Therefore, by having a strong brand, we create a sense of trust, value, and congruency that can elevate our business even in competitive markets.    With that in mind, it's important to take the time to ensure that our company's brand is carefully crafted and expressed in a way that will continue to generate interest and engagement.    In this episode, Daniel interviews Sean Douglas, the Founder of Success Corps, a company that helps business leaders improve their positioning in the marketplace.    Listen in as they discuss what being a Category King means, how to design, launch, and dominate your own market category, the 2 most important aspects of branding, the benefits of becoming a Category King, the science behind effective marketing campaigns, the importance of congruence when you're building your brand and how your success can increase not only your wealth, but also help you be better in your roles as leader, spouse, parent, and individual. Be Inspired! with Daniel:  Website (Makings of a Millionaire Mindset) Website (Daniel Gomez Global) Facebook Facebook Group Twitter Instagram LinkedIn Pinterest YouTube Episode Highlights: 03:31 How to be Category Kings 10:41 How to Design a Category 15:29 2 Aspects of Branding 24:23 Benefits of Becoming a Category King 30:21 The Science Behind Effective Marketing 34:46 The Importance of Congruency 38:37 Guarantee Your Income 45:45 Do Something Legendary

Lochhead on Marketing
157 How Category Contenders Become Category Leaders with Al Ramadan, Co-Author of Play Bigger

Lochhead on Marketing

Play Episode Listen Later Aug 24, 2022 72:12


On this episode of Lochhead on Marketing, our guest Al Ramadan talks about what's at stake when it comes to category battles, how you can spot the category challengers who can become category kings and queens, and what they need to become category leaders that earn 76% of the economics. There comes a time in every startup's life, where they face an epic, typically 18-to-36-month category battle. As we reported in our first book Play Bigger, the company that wins that battle earns 76% of the total value created in the category as measured by the market caps for public companies and valuations for private companies. What that means is, in any space, one company earns two thirds of the economics, which makes that category battle, which is typically 18 to 36 months long, arguably the highest stakes game in business. This episode will be available on both Christopher Lochhead: Follow Your Different and Lochhead on Marketing, because we think it is that important that everyone must hear about it. So without further ado, let's dive into this dialogue. Play Bigger: Looking back, and its impact today Al Ramadan comes into the conversation bearing data about the businesses and companies we've observed when writing Play Bigger, as well as some new players that have achieve the same feat since then. To recap, Al Ramadan and Christopher Lochhead wrote a book back in 2014 called Play Bigger, which talks about category design and how it can make you become a category leader in your chosen space. One of the things they've found out in the course of their research is that Category Leaders tend to corner 76% of the value of said space. Though when they wrote Play Bigger, the world was nowhere near as digitized as it is today. So a lot of the research was based on tech companies back then. But now, as more and more categories are behaving like tech categories due to digital scalability and digital reach, these findings are becoming true for every category. Category Kings to Category Leaders Al Ramadan shares that he and his team looked into the 35 Category Kings that they have observed back in Play Bigger, and check on their current situation in the market sphere. In Play Bigger, we originally published a set of research and tracked 35 Category Kings in the tech space and their market caps at the time were 465 billion and those same companies today are now worth 1.9 trillion. “If you track what happened to those 35 kings, as we call them back then, between the year of 2014 to the year of 2021. You want to know what the numbers are? At the time in 2014, the entire pool of the 35 category kings were valued at 465 billion. They are now valued at 1.9 trillion. That is, they've created more than $1,000,001.5 in market cap and the annual for those people who care about this stuff like Investors and Financial people. The compound interest growth rate of those kings. Market cap wise, is 22.46%.” – Al Ramadan Given this data, it begs the question of how many understand that this is the new dynamic, and how many entrepreneurs and marketers still think that it's a big leap of faith to follow. To hear more from Al Ramadan and how Category Kings can become legendary Category Leaders, download and listen to this episode. Bio Al Ramadan is a co-founding partner of Play Bigger Advisors and coauthor of the book, Play Bigger. He also co-founded Quokka Sports, which revolutionized the way people experience sport online. Al then joined Macromedia and Adobe, where he spent almost ten years changing the way people think about great digital experiences. At Adobe, Al led teams that created the Rich Internet Applications category and helped develop the discipline of experience design. In the early ‘90s he applied data science to Australia's Americas Cup — an innovation in sports performance analytics. His work in sailing led directly to the idea for Quokka. He lives in Santa Cruz, California. Links Connect with Al Ramadan!

Christopher Lochhead Follow Your Different™
285 How Category Contenders Become Category Leaders with Al Ramadan, Co-Author of Play Bigger

Christopher Lochhead Follow Your Different™

Play Episode Listen Later Aug 22, 2022 72:00


On this episode of Christopher Lochhead: Follow Your Different, our guest Al Ramadan talks about what's at stake when it comes to category battles, how you can spot the category challengers who can become category kings and queens, and what they need to become category leaders that earn 76% of the economics. There comes a time in every startup's life, where they face an epic, typically 18-to-36-month category battle. As we reported in our first book Play Bigger, the company that wins that battle earns 76% of the total value created in the category as measured by the market caps for public companies and valuations for private companies. What that means is, in any space, one company earns two thirds of the economics, which makes that category battle, which is typically 18 to 36 months long, arguably the highest stakes game in business. This episode will be available on both Christopher Lochhead: Follow Your Different and Lochhead on Marketing, because we think it is that important that everyone must hear about it. So without further ado, let's dive into this dialogue. Play Bigger: Looking back, and its impact today Al Ramadan comes into the conversation bearing data about the businesses and companies we've observed when writing Play Bigger, as well as some new players that have achieve the same feat since then. To recap, Al Ramadan and Christopher Lochhead wrote a book back in 2014 called Play Bigger, which talks about category design and how it can make you become a category leader in your chosen space. One of the things they've found out in the course of their research is that Category Leaders tend to corner 76% of the value of said space. Though when they wrote Play Bigger, the world was nowhere near as digitized as it is today. So a lot of the research was based on tech companies back then. But now, as more and more categories are behaving like tech categories due to digital scalability and digital reach, these findings are becoming true for every category. Category Kings to Category Leaders Al Ramadan shares that he and his team looked back on the 35 Category Kings that they have observed back in Play Bigger, and check on their current situation in the market sphere. In Play Bigger, we originally published a set of research and tracked 35 Category Kings in the tech space and their market caps at the time were 465 billion and those same companies today are now worth 1.9 trillion. “If you track what happened to those 35 kings, as we call them back then, between the year of 2014 to the year of 2021. You want to know what the numbers are? At the time in 2014, the entire pool of the 35 category kings were valued at 465 billion. They are now valued at 1.9 trillion. That is, they've created more than $1,000,001.5 in market cap and the annual for those people who care about this stuff like Investors and Financial people. The compound interest growth rate of those kings. Market cap wise, is 22.46%.” – Al Ramadan Given this data, it begs the question of how many understand that this is the new dynamic, and how many entrepreneurs and marketers still think that it's a big leap of faith to follow. To hear more from Al Ramadan and how Category Kings can become legendary Category Leaders, download and listen to this episode. Bio Al Ramadan is a co-founding partner of Play Bigger Advisors and coauthor of the book, Play Bigger. He also co-founded Quokka Sports, which revolutionized the way people experience sport online. Al then joined Macromedia and Adobe, where he spent almost ten years changing the way people think about great digital experiences. At Adobe, Al led teams that created the Rich Internet Applications category and helped develop the discipline of experience design. In the early ‘90s he applied data science to Australia's Americas Cup — an innovation in sports performance analytics. His work in sailing led directly to the idea for Quokka. He lives in Santa Cruz, California. Links Connect with Al Ramadan!

The Confident Closer® - Secrets For Success In Selling, Marketing & High-Ticket Sales
5 Huge Takeaways from Russell Brunson's Category Kings | CC40-S2

The Confident Closer® - Secrets For Success In Selling, Marketing & High-Ticket Sales

Play Episode Listen Later Jun 7, 2022 13:37


Join me for today's episode where I share the top five takeaways I gained from attending Russell's Brunsun's inner circle and Category Kings. It was a fun, jam packed couple of sessions where I saw so many great friends and made some new ones. Listen in for my top five takeaways... Connect with Eileen If you'd like to learn how to do 6 & 7 figure DAYS selling your high ticket offer at virtual events, head on over to https://acceleratemyrevenue.com/ (https://acceleratemyrevenue.com/) and apply for our free 5-day challenge. 

The Marketing Secrets Show
The Room Where It Happens...

The Marketing Secrets Show

Play Episode Listen Later Apr 20, 2022 14:57


It's "Inner Circle" week. I want to tell you about what's actually going on in the room where it happens. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing ---Transcript--- What's up, everybody? Good morning. It's Inner Circle day and I'm driving down to the event. And I want to jump on and say, what's up? All right, everybody. So, it's Inner Circle day, actually Inner Circle week, which is even better than Inner Circle day. We've got Inner Circle happening today and tomorrow. And then, my Category Kings, which is our upper level, are coming in on Thursday and Friday. And so, this is a full week of serving, and having fun, and being with the people, which I was really excited for. Some of you guys know my Inner Circle is our high end coaching program I had for seven or eight years. And I closed it down almost three years ago, because I was just tired, and worn out, and just a lot of things happening in my life. And so, we shut it down. And then, last year at FHL we reopened it with some caveats this year. You have to have won a Two Comma Club award to be in the inner circle. And if you want to be in Two Comma Club X, which is the higher... Or excuse me, if you want to be in the Category Kings, you have to been at least made $10 million, so Two Comma Club X. Or yeah. Yeah, so. Anyway, which is cool because it makes the groups just higher standard, higher level, which has been awesome. So, to be in the room, you had made at least a million dollars, which means we can have totally different conversations. It's interesting, because we had different levels of coaching and consulting programs. For example, we have our Two Comma Club X program, which is amazing. But it's more so for people who are getting started, having some success, but they haven't hit Two Comma Clubs yet. It's interesting, because in that phase of your business, there's a couple things you have to figure out. The first thing you have to figure out is, what is it... Actually before that, it's, who was your dream customer? Who's a person you actually want to serve. That's the first thing people have to figure out. They have to figure out, okay, these are my people. Then, the big questions are the what and how. What is it you're actually selling and how are you selling it? And the biggest problem people typically have during that phase is they either are selling the wrong what. They're selling what they want to sell, not what people want to buy, or they don't know how to sell. What's the funnel, or the way, or the process, or how you persuade people? So, it's the what and the how. If you got who, this is who my dream client is, who I want to serve. If you talk to Pedro, Pedro talks about micro-niching, shrinking that who down to, this is my micro-niche. This is my category. This is my people. And then, it's the what and how. So, what are you selling and how are you selling it? And so, for me, with most people's it's try thing after thing. Let's publish a lot, launch a challenge, launch a webinar, launch a... And you're trying to figure out, what is it that people actually want to buy from you? Okay. That's a little distinction, but it's huge. What do people actually want to buy? Not, What do you want to sell? What does the market want? When I got started, my very first idea was Zip Brander, which was a really cool idea. And I wanted to sell it. I paid for someone to build it, because I knew that this was the coolest thing I could think of. But the market didn't want it. I sold a few, but it wasn't right what. What is it that I'm actually selling? And so, that's why we keep trying different offers and testing things out, putting things out until we figure out eventually, this is what they actually wanted. And the second question is then, how do you sell it? And so, that's the mechanism. You selling it through a webinar or through a challenge? Are you doing it on the phone or you're doing it through a tripwire funnel, a webinar funnel, high ticket funnel, a challenge funnel, a survey, or a summit funnel, a survey funnel? It's the what? After you figure out those two things, what is it the market actually wants I'm going to sell? And then, how do I sell it? And understanding the persuasion, and the process, and all that kind of stuff. When you figure out that, the who, the what, and how, boom, typically that's when people go from, "I can't make anybody online," to boom, Two Comma Club really, really quickly. Some people, it happens in the year. Some people it happens in weeks after figuring those things out. Which is why you got to be testing and trying a lot of things. Figure out, what does the market actually want? What do they want from me? It's interesting, there's a, one of my favorite YouTube videos, it's called Work to Publish. If you go to YouTube, type in Work to Publish, you'll see it. But when he talks about, there's how you have to be prolific and putting a lot of things out there. And he's like, "You don't get to pick what you're famous for, the market picks." And he talked about these different artists and bands who put out thousands of songs and things like that. It's like they put a thousand songs, and only 10% of the songs are any good or 1% are any good. But because they put out a thousand songs, those 1% made them the Beatles, or whatever. You know what I mean? It's that working to publish, is putting things out there. In fact, I heard a... Tom Bilyeu told an interesting story the other day. It sounded like he found it in a book or something. So, I'm going to try to find it. But he said that there's basically an art class. The first day of art class, the teacher's like, "All right, there's two ways to pass this class. Number one is you can spend the entire semester making one art piece, and you can spend all the time just making it the most amazing, perfect thing in the world. Or number two is you can just come in and every single day you got to create something, and you keep creating something, and it's all about volume. So, at the end of the year, you're going to turn a stack of all of your art. And then, you'll pass. So, those are two options, spend the whole you're perfecting one piece or turn in a new thing each day, just fast and just putting things out there." And he said that, at the end of the semester, what was fascinating is the people who tried to perfect one piece of art versus the people who were putting out art every single day, the people who are putting out art every single day, by the end of the semester, their art was better than the people spending the entire year on one piece, because they kept putting things out over, and over, and over. They were publishing. They were putting volume behind what they were doing. And so, it was interesting. Anyway, during that phase of your business, it's all about figuring that out. Who am I serving? What do they want? How do I sell it? And so, it's a volume phase. It's trying a lot of things. It's testing things. It's putting out different offers, different messages, until you find what are the hooks that people stick with. And so, in our Two Comma Club X coaching program, that's where we're living with people. They're coming in. And if they pick the e-com path, they're working with Allison, and she's helping to find products. They're trying a bunch of products until they find the one that, boom, hits. And then, our side we're doing challenges. The challenge, challenges to find the challenge where the messaging resonates, hits, and boom. And then, from there, we take that message and we turn it into a webinar. And then, that's what's happening at the Two Comma Club X level. After someone goes through that process, and boom, they make their first million, hit Two Comma Club, then they can move up to Inner Circle. And Inner Circle, we can have different conversations. And so, the question's, what are the conversations that we're having in Inner Circle? That's a good question. I'm glad you asked that. There's different things. And so, one of the big questions that people are asking and trying to figure out and stuff with is, "Hey, I have this thing. It's making money now. I hired some people, I got, 10 employees now, or five employees now, or something. I don't know how to run this thing. I'm an entrepreneur. I come up with ideas. Now, I'm a boss and I've got employees. How function? How do I do this? How do I not go crazy? A lot of it is systems and operations. It's a big part of what we talk about in Inner Circle. Another part is people perfected their message. So, saying, "Okay, well, how do I go from a million to 10, from 10 to 100, 100 to a billion? What are the things?" It's not necessarily create another product, another service. It's like, okay, how do we make the backend bigger? How do we increase conversions back there? How do we create front ends that'll acquire customers more profitably? It's really building out the value ladder and getting the pieces in place so that you can, as Dan Kennedy says, spend the most money to acquire a customer. Because, whoever can spend the most money to acquire a customer wins. And so, that becomes the Inner Circle phase is that. In fact, this morning, I have a presentation I'm doing called The Lynchpin, which is... It's interesting, of all the things I've done inside of ClickFunnels in our launch, there was one thing... We would've probably been $10 million a year company, if I didn't do one thing. And it's lynchpin. And so, what is that thing? Well, that's what I'm going to talk about today. Literally, my presentation is called Lynchpin. So, I may do some version of it at Funnel Hacking Live this year. I haven't decided yet, but I might. So, if you want to hear it, make sure you're at Funnel Hacking Live. Or join the Inner Circle, and it'll be in the member's archive. But The Lynchpin, which is this thing. And so, I have to set the structure. Here's all the pieces in my business, but this one right here. It's the one that nobody notices. It's the one that's the smallest, the dumbest, but it was that was the difference between having $10 million a year business to $150 million business was this one little lynchpin. And so, it's little things like that. It's not, try to figure out... I guess, it's almost, it's not almost, it is, it's more work going from zero to a million than from a million to 10, for sure. And so, Inner Circle's about those things. So, it's not so much like here's structured curriculum, here's step one, step two, step three, which is what we totally do in Two Comma Club X. It's more like, okay, here's a bunch of people doing what you're doing at different levels and let's share the best practices. What are you doing? What are you doing? How is it working for you? It's this collective group. It's a mastermind of people who are all sharing and growing together, which is so cool. Anyway, so what's happening in Inner Circle today is we've got about a hundred people from around the world, all flying here to Boise. And it's a mastermind, and we're sharing these types of things, which is really, really cool. And like I said, for this group, there's about a hundred people. And the Category Kings is a smaller group. There's only 15 people in that one. And that's ran very similar, but it's in a smaller group. And everyone in that group had made at least $10 million inside a funnel, therefore they've got past, usually, some of these core problems. They figured how to build a team and build a staff. They have systems in place. And now, they're trying to figure out, okay, how do I take what I have and add a zero to the end of it? How do I go from $10 million to $100 million? What's the process? What's the path? It's different at that level. So, it's just fun. I enjoy this game. It's so much fun. It's interesting. When I first would do events, way back in the day, man, almost 15 years ago, I'd do events, and I would do a three-day event here in Boise. And for the most part, we had complete brand new beginners who would come to these things. And I was like, "I want to teach them everything I know right now. I want to serve these people and give them everything." For three days I would go and I would teach literally everything, everything I knew, everything I understood. I did that for a couple years. And the weirdest, probably the most frustrating, thing for me was I'd show them all the things, and then nobody ever had success. I didn't have success stories for years. I'm like, "Why did they not understand? I've given them everything. Everything that I took a decade for me to learn, I'm giving it to them on a silver platter. They don't have to learn it. They just get it handed to them." It always confused me and frustrated me that people weren't successful faster. And then, I remember one event we decided, I was like, "I think we're overwhelming everybody." So, I was like, "Instead of us teaching these three day things, let's teach day number one only, but extended out over three days." And so, we did that. What was interesting is people understood it better. They started making more progress. But it still was too much. Then, we took the day one of that, which would've been the first two hours of the original event, and we extend it out over three days. And that became a new event. And it was just the first piece. And, oh my gosh, guess what happened? People started having success. What? I was like, "Wait, they don't need a whole destination?" I was like, "No, they don't need to know everything you know, Russell. All they need to know is the next steps, the first steps. What are the first things I need to do to get a result that gives me buy-in so that I'm willing to do the next three steps. I think the problem I had was I was showing people the entire picture and they're like, "I don't want to do that. This is going to be horrible." By doing it this way, I was able to give them just pieces they need to get the first result, which for us is get your first sale, get your first thing. They get that first result. And then, they're like, "That was cool." And now you say, "Okay, now here's the next step. Here's how you grow it. Here's how you grow it." And so, we started segmenting our teaching, our training that way, and started breaking up over levels, where instead of getting the entire three-day event in three days, it's like, "Hey, you're going to get the first two hours and we're going to do it over three days." And then, you have a couple weeks or months to implement it, until you've actually got it done. Then, I'll give you the next piece. Then I'll give you the next piece. And then, we'll send you up through the process. That's how we grew this to what it is today. So, Anyway, it's fun. It's awesome. I'm excited. Hope you guys are doing well as well, and I can't wait for you guys to be in our groups. Set that as a goal. Write it on your board, "I want to be in Russell's Inner Circle." And then, if you are, Hey, well, there's the path. Get in Two Comma Club X coaching program. Figure out your what, your who, your how. Get your million dollars. Come on up. And then, we have those conversations. And then, be like, "I want to get Category Kings." And then, come on up and we'll have those conversations. And then, the next group we're launching eventually is called the Atlas Group. For the most part, my group of entrepreneurs aren't quite there yet. Some of them are, but not big enough to have a group that we can have a really fun environment to focus on. Okay, all you guys here at a hundred million, how do we get to a billion? Because, those are the conversations I'm having with my team right now, which are fun. I would love to have that with the next group entrepreneurs. We've already named the group. It's going to be called the Atlas Group. But we're not quite there yet. So, that should be your goal. It's my goal. All right, guys, I'm almost to downtown. I'm going to bounce, so I can message my team and let them know I'm here. With that said, thank you so much for being you. Thanks for listening to the podcast. Just by default, if you listen to the podcast, you're ahead of 99.9% of all the other funnel hackers out there, because you're the ones who are paying attention, who are plugging into your ears, who are focusing, who are learning. So, good for you. You're on the right path. Stick to it, keep working. Figure out your who, your what, and your how. Serve those people to the best of your ability. If you do that, you'll get everything you want in life. Thanks again. And we'll talk to you soon. Bye, everybody.

Christopher Lochhead Follow Your Different™
265 How To Design The Future, The Power Of Communities, What We Can Learn About Native Digital Marketing From President Zelenskyy with Gina Bianchini, Founder & CEO of Mighty Networks

Christopher Lochhead Follow Your Different™

Play Episode Listen Later Mar 21, 2022 62:57


We live in a time of radical acceleration in the creation of very different futures with marketing category after marketing category. That goes the same for the world overall as well, which also adds a threat and challenge to most businesses. But at the same time, it can also be a great opportunity. On this episode of Christopher Lochhead: Follow Your Different, we make sense of it all with our guest, Gina Bianchini. Gina Bianchini is the founder and CEO of Mighty Networks. She is in the business of creating different futures. She has raised over $67 million in top tier Venture Capital, and a pioneer in the digital and social space on creating a platform for businesses and creators to build communities. Gina has also been a guest before. You can check out what she has said on The Power of Niche Networks in FYD episode 65. So if you want to hear more from her about the power of communities, stay tuned to this episode. The Importance of Knowing Category Design Gina starts off the conversation by stating that she loved what they were doing with Category Pirates, and how it being a collaboration means ideas are more fleshed out and multi-POV than just having one person do it. That said, she mentions being in a conference recently that was showing a product that she immediately recognized as someone who took category design and ran with it. “I was at this conference yesterday, I saw one of the best category design presentations in like, eight minutes. It was it was it was a masterclass in category design. It's a company called Coalition. And they do cyber insurance. And their category that they have is active insurance.” – Gina Bianchini Gina could tell that the company was not going to compete in the cybersecurity market, it was creating a new market for itself with a new category. So if all things go well, Coalition could find themselves the Category Kings in this new market they are trying to create. Overdone Languaging is Bad Languaging They then talk about how languaging seems to be going to a bad trend nowadays. While languaging in business itself is not bad, it is bad when done to an excess. We call it Technobabble, and it's when you just spout out jargons and techspeak just to make yourself sound competent in the tech field and to potential clients. While smooth-talkers who sell snake oil are not new in the business world, it screams lazy and incompetent when you just take a bunch of technobabble and dump it in your company's mission statement, in hopes of sounding smart. Languaging is supposed to help you differentiate yourself from the rest, not to obscure and hide your business' lack of ingenuity. The Big Brand Lie Gina brings up one of the articles and minibooks that Category Pirates has created, which was the Big Brand Lie. I share with her the story on what happened after we released that article on Category Pirates. Because a lot of marketing people were upset, some as a knee-jerk reaction, others because it challenged their prior knowledge and ideas in marketing. But at the end of it all, whether it changed someone's ideas on marketing or not, it did start a conversation on how to approach marketing. If nothing else, that spark alone is rewarding in and of itself. Gina agrees and also echoes the sentiment that product alone is not enough to dominate a market. And if you want to create different futures, you need to look at how you can drag that future into the present. To hear more from Gina Bianchini and her thoughts on Category Design and the power of building a community, download and listen to this episode. Bio Gina Bianchini is an American entrepreneur and investor. She is the Founder & CEO of Mighty Networks. Before Mighty Networks, she was CEO of Ning, which she co-founded with Marc Andreessen. In addition to Mighty Networks, Gina serves as a board director of TEGNA, a $3 billion broadcast and digital media company, and served as a board director of Scripps Networks,

ClickFunnels Radio
How to Create a Live Event - Myles Clifford - CFR #629

ClickFunnels Radio

Play Episode Listen Later Mar 15, 2022 23:08


Myles Clifford, ClickFunnels' very own Director of Events, is back to talk with Dave about the Mastermind in Paradise event that just took place in Mexico for all Two Comma Club members, Inner Circle members and Category Kings! Myles shares his top tips for creating events big and small that offer high value to the attendees while also achieving the goals of the business. Dave and Myles also discuss a few of the amazing ClickFunnels live events coming down the pipeline, both virtual AND in-person! Grab your tickets to FHL 2022 at: funnelhackinglive.com Have a question for the Events Team? Send them to: events@clickfunnels.com Join our Messenger Tribe! https://m.me/clickfunnels?ref=cfpodcast-join-CF-tribe

The Marketing Secrets Show
The Wake Of Contribution Inside Your Definite Purpose

The Marketing Secrets Show

Play Episode Listen Later Mar 9, 2022 12:10


Napoleon Hill said: There is one quality which one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing ---Transcript--- Hey, what's up everybody? This is Russell Brunson, and welcome back to the Marketing Secrets podcast. I'm here today in Mexico preparing for an event tomorrow with the Two Comma Club X Mastermind group, as well as the Inner Circle and the Category Kings. And I'm actually doing a presentation all about personal development and how to literally go and get whatever it is you want in life. And so I've got some thoughts and some ideas I want to share with you guys. So with that said, we'll cue the theme song. When we come back, we're going to be talking about definiteness of purpose. All right. So some of you guys have heard this story in the past, but when I write books, apparently my process, I didn't plan it this way, but I usually write a book and then decide I don't like it and delete it. And then go and do a live event where I teach the entire principles and concepts, and then start over and write the book again. And I keep forgetting this apparently, because you would think that it'd be easier for me just to do a live event, teaching the principles, and then write a book afterwards. But alas, I have forgotten every single time. I've literally done this ... I did it for the Dotcom Secrets book, the Expert Secrets book, and the Traffic Secrets book. And right now I'm doing it with the Secrets of Success book. Whoa, you guys just found out the title. I haven't told anybody publicly yet, so congratulations. You know something nobody else does. And so that's the new book I'm writing. And I wrote it. I wrote about 200 and something pages and realized I didn't like it, and deleted it. And now I'm doing a live event for our Mastermind group. And I was trying to think, How am I going to do this? My Category Kings were asking me and begging me, they're like, You should do it at your penthouse in downtown Boise and teach us for three days there. And I was going to, but I just didn't have the... Anyway, long story. I was like, Well, I'm doing this thing in Mexico. We have everyone coming. This is going to be the best place for me to do it. And so I've been preparing for it, putting it together, and I'm stressing about it and excited about it, and all the things that come with a new presentation and new principles. And I think a lot about this. I study a lot about this. I go deep on this. I think in my own mind I'm trying to always figure out how to be more successful, so I have a lot of stuff here. I feel like a lot of people would be successful, but I've never broken it down in a way that I can share with people. So that's been a hard process. How do you take this thing that you've been, a lot of it subconsciously doing, some are consciously doing for the last 20, 30 years of your life? And how do you put it in a way that people can then take it as a system and use? And that's been my challenge. But I think I got it, I'm really excited. And so tomorrow I'm actually doing a session in the morning. It's about 90 minutes to everybody, that's basically going to be the intro chapter for the new book. But it's something that's, it's powerful. And I can't tell you everything that's happening there, but anyway, I'm really excited for it, I think it's going to change people's lives. That'll be the intro session. Then we break, we got excursions. And we come back eight o'clock at night. And I'm going from eight o'clock until two or three in the morning, teaching the rest of the book. And I'm so excited for it. So someday this book will be there and you guys can read it, and hopefully it's good. If it sucks, then yeah, don't tell me about it because I put so much effort into this thing it's crazy. But as I'm working on this, there's one concept that just keeps driving throughout this book over and over and over again. And it's a principle I learned from Napoleon Hill. And I think a lot of you guys know who Napoleon Hill is. If you don't, he wrote the book Think and Grow Rich, he wrote The Law of Success. He's written a whole bunch of amazing books and magazines, and I've recently acquired most of his life work, original copies and original manuscripts. And it's been one of the cool things ever. And I'm telling you this because, one, it's interesting. In almost everything that Napoleon Hill's written, he has this one thread that weaves throughout all of it, over and over and over again. From every book, every course, every manuscript. Everything I've found that I've acquired, every magazine article, he just keeps coming back to this one thing. And as I've been putting this together, it's initially because I keep coming back to it as well. And I talked about it at Funnel Hacking Live a little bit for those who were there, but the principle is called definiteness of purpose. And it was funny for a while I couldn't remember how to say that word definiteness. It's the hardest word to say, but I've gotten it now. The way I remember it, for those who try to remember it, is definite. Like, I'm definitely going to do it. I'm definiteness. I have definiteness of purpose. And so the point Hill talks about this, if you want something in life, you have to... It's not just like, I have a purpose, but it's like, I have definiteness of purpose. So it's not just like, Oh yeah, I'm hoping to get this thing. It's like, no, no, no. I'm definitely going to get it. Definiteness of purpose. This is the thing. This is where it is. This is how I'm going to get it. And there's a quote from one of his books, he says that there is one quality which one must possess to win, and that is definiteness of purpose. The knowledge one wants and a burning desire to possess it. So that's what definiteness of purpose is. It's all about seeing the thing you want, but more so than just seeing it. Seeing it and then having this burning desire. Like, I have to have that thing at all costs. I'm going for it. I'm looking for it. I'm going to figure it out. I'm going to run towards, I'm going to figure those things out. And then from there, there's a lot more that goes into this, but it's building on the plan and the structure and the strategy and then the tactics and all the stuff to go and get that thing. But it begins with that purpose. If you don't have that definiteness of purpose it's hard. I think a lot of people don't have that. So many people, they don't have a purpose. They're like, I don't know. I'm just here. I don't have a purpose. And I think that God's put desires in all of our hearts that are there to give us that purpose. And so if you haven't found that in your life where you're like, I don't know the purposes I'm doing. Sometimes I think some people think it's like, Oh, I got to be like Russell. I got to figure out what's my mission and who am I going to serve? And that may be it. One thing I talk about during my presentation tomorrow is the purpose is twofold. Sometimes it's like, I need to go and create this purpose, create this movement, create this calling, you're creating something. Other times it's alignment with it. There are so many rock stars on my team who have aligned with my definiteness of purpose, and they're part of it. I couldn't do it without them. And so it's not always, I have to be the one that's creating this whole new thing. Either I'm going to create something or I need to align with somebody who's created. What do I believe in? What's the missions that I have so much belief in, in the mission what they're doing? I want to pursue their goal. I want to pursue their mission with definiteness of purpose. I want to be aligned with them, I want to help them, I want to serve them, I want to be part of the mission. And so I think the big thing is looking for those things. What are the things you're passionate about? If you're not passionate about anything, well, it's time to start dabbling. Dabble in a million different things so you find something that lights a spark and gets you excited, that you can say, This is my thing. I'm going to move forward with definiteness of purpose. I think they're going to create something amazing. I'm going to find someone who already is doing something I believe in. I'm going to align with them, I'm going to serve, I'm going to be part of that. And it could be anything. I know when we first introduced Operation Underground Railroad with the ClickFunnels community back, man, four years ago, now. I had so many people who came back and said, I resonate with this mission. I want to be part of it. And they started weaving into their events and with their products and the things they were doing, because they wanted to be part of that. They wanted to serve these children with definiteness of purpose. That's a purpose I want to be aligned with, I want to work towards. And they didn't create it. I didn't create it. Tim Ballard was the one who was called for that mission. He was the one who had to do it. But all of us have a chance to look at that purpose and say, Okay, I want to align with that. And I have a burning desire to do it. I'm going to do everything in my power to win, to help, to serve, to do that thing. And so in all of us, we have different times in life, but the initial threat is that. And I'm glad he didn't just say, You got to have a purpose. And a lot of times nowadays, people are like, You got to have a why. What's your why? And what Napoleon Hill is saying is so much deeper than that. It's not just a why. It's your purpose, which is bigger. Why is a reason I want something. Which is big, it's important. But you say not just your why, it's your purpose. It's bigger. This is the purpose of me being here, is to go and do this thing, to get, to achieve, to retrieve, to bring back, to save, to fix whatever your purpose is. It's purpose. But not just a purpose. It's like definiteness. I am lasering in on this target. I'm looking at that thing. And I know that's what I need to give. That's the thing I've been called to serve, to achieve, to figure out. And then you start running towards that thing. And so that's one thing I wanted to share. Because again, there's a million things I could share with you from these presentations and this eventual book. But the one thing that's like this thread throughout is really understanding it. What are you moving towards with definiteness of purpose? Not just, What am I wandering? A lot of us are wanderers, we're drifters, we're waiting for something. But I'm looking at, What is the thing I can look at and say that. That is the goal. That's the mission. That's the purpose. And with all my focus, all my energy, I'm moving forward with a definiteness of purpose to accomplish, to do, to go after that thing. If you don't have that thing, I would implore you, I would beg you, I would ask you to go look for that thing and start searching for it. Because the quality of your life, the excitement, the energy, the passion, all the things will increase when you are moving towards something with definiteness of purpose. Too many people live their lives on a couch, watching Netflix. Where I think the good stuff, the stuff you're going to remember, the stuff that people remember you for are these other things. I think sometimes people hear this and they're like, Oh, you're saying I'm not ready, I'm not worthy, I'm not bore. I'm not saying that at all. I think all of you guys right now are good enough. I believe God's proud of you. I believe I'm proud of you. If you don't accomplish anything that doesn't matter to me. But the pursuit of something great will change you and it'll change the people around you. It'll change the people in the wake of the service you're doing. As you move forward with a mission, with something, the wake of people behind you that changes their lives, the wake of contribution is huge. I look at my mission to help entrepreneurs and serve in all these things I've been doing. I've been moving forward with definiteness of purpose, trying to use all my power to create, to do, to serve, to do these kind of things. And the wake behind me is contribution. It's created jobs, it's helped people and their families, it's helped entrepreneurs start their own companies. The wake of contribution when you are moving forward with definiteness of purpose is huge. And so go and create those wakes of contribution. Run, move forward, have some fun, go serve people. Pick a purpose and run towards it. Not because you have to have that for anyone to love you, or to care about you, that you need that to be a better person. That's not the things. It's finding that purpose. And then it'll light you up. It'll change you in a way that nothing else ever could. And so, anyway, there's my call to you. It's time, you guys. Your purpose is out there. Go find it and then pursue it with definiteness. If you do that, not only will it change your life, it will change lives of the people that are in your wake of contribution. So go and do it, have some fun with it. And then wait for me to write this darn book. Hopefully it gets done sooner than later because I want to share it with you guys. I think these principles are good. I'm excited. All right. That's all I got. Thank you so much. Have an amazing day. And let me know if you see this on Instagram or Facebook or anywhere, tag me. Take a picture on your phone and tag me. You upload the picture to Facebook or Instagram, whatever and tag me and tell me, what is your purpose? What are you pursuing with definiteness? And when you do that, I want to hear about it because you guys are the people that are changing the world. And so if I can support you and help in any way, that's my role. That's my job, is to help support the creators, help giving you guys the ability to get your message out to more people, because you are the ones who are changing the world. Thanks so much. And I'll talk to you guys soon. Bye, everybody.

The Marketing Secrets Show
New Framework Hack From The Mastermind In Paradise

The Marketing Secrets Show

Play Episode Listen Later Mar 7, 2022 12:31


One of the cool "Ah-ha's" I had today, sitting in our 2CCX, Inner Circle, Category Kings mastermind group. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing ---Transcript--- What's up everybody? This is Russell Brunson, welcome back to the Marketing Secrets podcast. Today I'm sending you a message from beautiful Mexico. Hey, what's up everybody? So we are here actually at the Two Comma Club X Inner Circle/Category Kings Mastermind group, which is exciting. We're in Mexico, in the past we used to do the big Two Comma Club cruise, but cruises are sketchy now so we decided to run an all exclusive resort. And it's actually really cool because it was interesting, and I don't know, there's a lot of variables so this may not be the only one, but I thought we would get more people to register for the cruise that was even pre... Sorry, pre COVID we did the cruise, we had about the same amount of people in our Mastermind group, and we had X amount of people that signed up for the actual cruise from that pool of people that were eligible to go. And then this year's post COVID so we did it here, and the group of potential people who can come is about the same, but we had three times as many people register for this. And so, I don't know, it could be just COVID and people want to travel and get away. That's definitely a possibility, but I think that more people want to go to an all inclusive resort than a cruise, which is the opposite of what I would've believed and thought, so anyway it's kind of cool. My one fear is on the cruise it was nice because everyone's jammed in this little boat and so more people got out and met, and I'm a little nervous that here people are going to hide in their rooms during the off sessions, but hopefully no. So anyway, I'll report back and let you know more how it's going. But so far we've just finished day number one and it was amazing, it was really, really cool. So I want to share with you guys all just a thought or an aha or a, I don't know, something that hopefully will be helpful for you all. I'm hoping that all of you guys, especially those who are... Obviously we cater towards two types of businesses, there's the expert business and the e-comm business. In fact, it's funny, here at the event it's broken in two groups, like here's our expert group, here's our e-comm group. And Alison Prince teaches a lot of the e-comm stuff, I teach the expert stuff and so it's split down the middle there as well. But we're both trying to do crossover where she's trying to get all the expert people to add physical products to their offers, I'm trying to get the e-comm people to add info products to their offers, so it's a blend back and forth. But the thing I want you guys to understand is just the power of, honestly, a singular framework. Each of you guys who are in a business, you have some type of framework, some kind of process or system or things that you take somebody through to get an end result. And one of my favorite people that I've seen do this is Brooke Castillo. Brooke is amazing entrepreneur, she's got a huge podcast, great podcast, great membership site, great coaching certification program. In fact, all of our one-on-one coaches for our Mastermind groups all come from her program, they're all certified through her. But she basically has created one really, really, really... How many reallys can I give her? 22 reallys. Really good framework, right? And her business is based around, honestly, it's one core framework. And she teaches this framework on her podcast, she talks about it in her emails, everywhere she's talking about this one framework. And then she has a membership site that's $300 a month that then teaches people how to use the framework, like how to use the framework in your life, if you're a coach, how to use it for other people, all sorts of stuff. I think that's $300 a month, and then she has a coaching certification program, it's $18,000 a year, I think, or I believe that's what it is. And there's where she helps you to master the framework where you can start teaching it and helping coach other people, and it's really cool. But that's her basic business, it's she has one framework that she talks about for free everywhere, and she's got a membership site $300 a month where she teaches you in depth how to use the framework and get live coaching from coaching students, stuff like that. And then on top of that she's got the certification where you can master the framework and use it as a tool in your own business. But her whole business, and her business is multiple, multiple eight figures, one of if not the biggest info product business that I'm aware of right now, which is really cool. But anyway, again, we come back and we look at that and look what she's doing and it's insanely successful. And so, as I was thinking about the Mastermind group we're in right now, and if you guys know my business, hopefully you do at this point, I have frameworks. And I don't have one, I have probably because I'm more obsessive compulsive, I don't know, OCD is high with me, but I have a lot of frameworks. And if you read DotCom Secrets, Expert Secrets, Traffic Secrets, those are my core frameworks all laid out. If you've gone through those books you understand my framework of the value ladder, and then my frameworks for each types of funnel inside the value ladder, and my frameworks for my scripts. And if you go to Expert Secrets you learn other frameworks, and you learn frameworks about how to start a movement, you learn frameworks about how to do your sales presentation or your perfect webinar, you learn frameworks on how to close, you learn those ones. And then Traffic Secrets, you learn Dream 100, you learn congregation, you frameworks on how to infiltrate any media platform and on and on. So those are my core marketing frameworks, there's a bunch of them. And there's other ones we teach that aren't necessarily inside the books, but the core ones are there. And so what's cool about it is, if you look at my business, I can go and I can for free teach and talk about any of my frameworks. I've done a hundred podcast interviews about the Dream 100 framework, I've done other ones about value ladder, I've done other ones about just any of the dozens of frameworks I've, not invented, don't know if that's the right word, the ones that we put together. I've done tons of training on every one of those things individually, but they all push back like, 'Hey, if you want to learn this in more detail, go get the books.' Then people read the books and they get all the frameworks, they get a good understanding of them and then from there their entire value ladder. Now, after you made a value ladder, everything else we do is just based on those core frameworks. It's not like I'm teaching more things, honestly, which is kind of cool. It's mastery, it's learning how to actually use these frameworks. And so if you go up our coaching ladder there's One Funnel Away, which is picking very specific... like we're going to show you guys one framework for creating product, one framework for a funnel, very specific type of funnel, one framework for traffic, so it's one framework across each thing. That's the OFA challenges, and then from there we send people up to our Two Comma Club X Coaching Program. And Two Comma Club X Coaching Program then is where we're picking a couple more frameworks. We're going deeper into it where we've got coaches, you've got one-on-one coaches, you've got group coaches, you've got a tribe of people who are working together. You've got all these people and it's really helping you to dial in, perfect this framework. And then after you get done with Two Comma Club X, which people stay in Two Comma Club X Coaching Program until they win a Two Comma Club X Board, they make a million dollars. And then something secret happens, funnel hacking live, nobody knows this except for the Two Comma Club winners. But when you win the Two Comma Club we invite you to a secret luncheon that's only for people who've won the Two Comma Club or above, and at that Two Comma Club luncheon I invite people to join my Inner Circle. And it's funny because a lot of people join the Inner Circle, and we found this especially people who had been in the Two Comma Club X Coaching Program and moved up to the Inner Circle. They're like, "What's the curriculum for Inner Circle?" I'm like, "There's no more curriculum, you guys have gone through these things..." The Inner Circle, then after my Inner Circle we've got our Category Kings, like the different levels here, it's still the same frameworks, we've already learned them. But now inside the Mastermind what's been cool is over the last 10 years I've been teaching this stuff, we've got now thousands, if not hundreds of thousands of people using these frameworks in different places. So the Mastermind now becomes everybody else saying, "Okay, well, yeah, I did a challenge funnel, but this is what I did different. I tweaked this, I added this, I change this." And they're like, "Oh, well, my value ladder looks like this. And, oh, my thing looks like this." And it's everybody taking these core fundamental frameworks that we first laid out and then building on them and adding things, tweaking things, changing things. We had someone today who, same thing, they come through our training but then they figure out this new hook and this new way to do something, and then they built this huge Two Comma Club business doing that. And we had her come and present today and like, "Hey, here's what I'm doing." There's a lot of similarities but it was her twist, her take, and how she took the frameworks and evolved them and developed them further and they had new cool things. And then we have these national meetings where everyone's getting up and they're sharing. And right now there's people all around this resort here in Mexico in little meetup groups. And there's groups like everyone who's doing challenge funnels meet up and they're all sharing best practices. Like, "Oh, we did this and we added this little thing. We added this badge here and increased conversion by this. Oh, and we did this." Everyone's sharing things there. And then there's the high ticket group, and then there's another group, another group. But there's all these groups happening, pop up all around the resort right now of all the people that are in Mastermind groups, all just sharing like, "Hey, I took this core framework, but here's how I tweaked it, here's how I changed it. Here's how I applied it to my business, here's how I applied it to my industry. Here's how I did it." And so it's really fascinating watching it because the evolution of this was not like, "Russell, to go higher ticket you need more frameworks." No, no, it's master, it's application. It's sharing the tweaks, the changes, the evolution of the frameworks amongst those of the people that are out there in the trenches using them. And that's why this has been so fascinating. I wish I could sit in every one of these little breakout groups and just take notes of what everybody else is sharing because there's just so much gold that everybody's dropping. Anyway, I wanted to share that for a couple reasons. Number one, if in you're my value ladder this is where you're going, keep figuring these things out. So having success, get in the coaching program, get to the Two Comma Club, jump in the Inner Circle, and then come to these Masterminds where we can start taking this and network with... I think we have 600 people here on resort with us, which is cool. I think the resort holds 900 people and we've got 600. It's like more than half of the people here are Funnel Hackers, which has got to be awkward for all the people wondering why we have these similar t-shirts on, but that's what we do. And so, be part of that group and then start sharing with each other and it's just so fascinating. Funnel Hacking Live is a version of that, you come to Funnel Hacking Live and it's like all the speakers are people who for the most part grew up in our community, who learned the core frameworks, started using the ClickFunnels software and then they figured out their hooks, their tweaks, their way that they evolved the principles and got them to work for them and for their market. And so it's fun, everyone building upon each other and all off of this one common framework. So again, number one is, if you are in my world this is the path, this is where we're trying to take you. This is the experiences we want you to have with us here in Mexico, do these kind of things. And number two is, for your own business, understanding that's what the value ladder actually looks like, it's not more stuff, more stuff, more stuff. Again, I look at Brooke's business and it's one insanely good framework. And then it's just gone deep, and deep, and deep on that to the point where she's got one of if not the most successful info product businesses in the industry today, from one framework. So I want you guys to understand that because it's powerful, it's cool, it's exciting and hopefully it gets you as excited as well. So, with that said, thanks for listening and hopefully you'll be here with us in Mexico at the next Mastermind in Paradise, which will be coming in about a year from right now. All right, thanks so much and I will talk to you guys soon.

The Fantasy Cross-Over Podcast
Ja Morant for MVP? SGA leading the league in scoring!

The Fantasy Cross-Over Podcast

Play Episode Listen Later Mar 2, 2022 30:09


Hi Everyone, Brian kicks it off by jumping on the Ja Morant for MVP campaign and then dives into his MUPs, then Danny and Brian cover an extended version of top waiver adds and drops and then wrap it up with a Category Kings segment covering the scoring leaders as of this previous month. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

The Marketing Secrets Show
How Do We Get CERTAINTY As Entrepreneurs?

The Marketing Secrets Show

Play Episode Listen Later Feb 28, 2022 19:20


In this episode, Russell and Alison answer the question "How do we get CERTAINTY as entrepreneurs?" Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing ---Transcript--- Russell Brunson: Hey, everybody. Welcome back to the Marketing Secrets podcast and we are getting to the end of the Q A's from the ECON versus experts smack down. They've been so much fun. I should do more Q A's. Do you guys enjoy these? If so, let me know and we can try to do more of these live. I was nervous about doing them and I had the time in my life doing them. So this next one is really good question. The question is how do we get certainty as entrepreneurs? Even us entrepreneurs or risk takers, right? By definition, we don't live in certainty. We are jumping off the cliff trying to go crazy and do these different things. But the certainty is also what gives you the ability to move forward and to be okay with the risking and trying. And so there's this yin yang between those two things, right? Certainty and risk and entrepreneurship and how do they all work together? And so this was from a young entrepreneur who had just dropped out of college and was taking the risk, but then like craving certainty and was like, "what do we do and how does it work?" And so I hope that this question helps any of you guys who are in that situation where you know to be a successful entrepreneur, you got to be a risk taker, but you also need certainty in your life. In between those two things, how do they all work together? So hope that this question helps you guys. And with that said, we'll key the theme song. When we get back we'll find out how to get certainty as an entrepreneur. Brent Coppieters: All right. This is from Pietro. And his question, "Is it normal to feel like you are you having too many callings in life? Being called out to serve too many different dream customers?" Alison Prince: Oh my gosh. Are you guys watching his face? Russell: Yeah, what up dude!? Brent: There he is. Russell: How are you doing? Alison: I've seen your comments come in like fire. So I'm so glad you got called to a hot seat. This is so fun. Russell: Can we turn his audio on? I want to hear him. Alison: I was so enthralled in watching him, I forgot what the question was. Brent: If he un-mute himself, we can do it. Russell: Yeah. Un-mute yourself we can hear you. Pietro: Oh My God. Guys. This is the second best day of my life. Alison: Wait, what's the first thing? Pietro: I'm so fired up! Russell: What was the best day of your life? Pietro: When I decided to drop out of uni. So university. And start my own business. Russell: Nice. Pietro: Six months ago. Not telling anyone to do that, but I'm proud of it. I'm just proud of it. Russell: That's awesome. So the question then is you feel like you're called to serve a whole bunch of people and you don't know which who to serve first. Is that the question? Pietro: Yeah, kind of. So the first part of the question is, how do we get certainty as entrepreneurs? I mean, we are risk takers and having certainty it's completely opposite. It's really hard. Especially for me dropping out, having everyone against me in this choice, but still being able to actually come up with something in a relatively short period of time. And yeah. I mean there's risk and there's certainty, but they don't go together. Russell: Yeah. So certainty doesn't come from, I'm going to be certain, Certainty comes from.... I'm a wrestler. So for me, certainty came from me stepping out on the mat, shaking the person's hand and going to war, over and over and over and over again. And guess what? First few times I got beat up, I got beat up. I got beat up. I got beat up and then I started getting better. I started getting better and then I won and then I went again. I want again. And then I lost again. And Certainty is crafted in the fire. Right? And so wanting to get certainty before you step into the fire is not going to happen. Cause you got to step out and be like that guy wants to kill me. I want to kill me. I step up to the mat and here we go. And you get the certainty by stepping into the fire, shaking hands, and going for it. And so, that's what's hard just because it's... There's a book in our church it's called Faith Precedes the Miracle, right? You want the miracle, but you can't wait until I'm going to get the miracle eventually, I know faith precedes the miracle. You got to have faith to take that step before the miracle shows up, before the certainty shows up. And so you have to go in there and it's hard because it's like, what's going to happen? What if I fail? What if I, what? And you might fail you, are probably going to fail. Most people fail the first and second and third, the fourth fail. Mine did. Right? But it's like, okay. I believe in the process. I believe in the path. I believe in my calling, therefore I'm going to step out there and I'm going to get beat up. And then I'm going to step out there again and get beat up. Step out there again and get beat up. And keep doing it over and over and over again until you start winning. And that's when certainty starts coming. That's when you start feeling comfortable and it keeps growing. Me seven years ago, I thought I had certainty, right? My very first Funnel Hacking Live I thought I had certainty, right? I look back now at that little kid who was like, what were you doing on stage teaching people about stuff? You were an idiot back then. Right? And so my certainty gets better and it gets better because I keep going into the fire and into the fire and it gets stronger and stronger and stronger. And so just knowing right now, six months ago, you probably have more certainty now than you did six months ago. Cause now you stepped out in there, right? Okay. In six months from now it's going to be better. Pietro: Yeah. Russell: It's going to be better. But it's just continuing to step into the fire. To go out there and go for the next match. The next opponent. The next person. And every time you do it, win, lose or draw. That's how you build and how you forge your certainty. Pietro: I bought "The Out within the Battle" book yesterday and I read it all. And I find myself going on the faith path. But having on my shoulder a shit ton load of fear and it's like, oh gosh! What am I going to do now? Russell: Yeah. Pietro: And What if I cannot pay the rent this month? And wow. Russell: Yeah. Okay. This is good. Yeah, because those are real fears. Yeah. I had a friend who was a chiropractor and he had spent his entire however many years going to chiropractic school. And then he opened a practice and he bought all the equipment and all this stuff. Right. And he started launching the practice and then nobody showed up. He kept trying and kept trying and trying. And over, I don't know, however many months. And then a year. It got worse and worse. The point where he was down to the bottom. And I still remember because it was 11 at night he called me, woke me up. He's like, "dude, I need some help." I'm like, wait. It's like my company's failing. I'm going to declare bankruptcy. And he's freaking out. He's say, come and help me. I need, I need one of your marketing secrets. And I was like, oh, okay. So I get up, I get my clothes on. I drive to his practice, we sit down and he tells me like all this stuff. And again, he's waiting for me to be like, here's the nugget. Send this email to your list and you will magically be rich. And I told him, dude, I got nothing for you except for this. What is the worst case scenario? Worst case happens, what is it? And he's like, I don't know. I'm like, you have to face that fear in the face and you have to become okay with it. If you can't become come okay with the worst case scenario, you're going to have it. And you know, the monkey on your back is there, but you try not to face it, but you always have this fear of it being there. And because of that, it's going to keep you from taking the steps you need to take. You got to be able to look at the worst case scenario and become completely okay with that. I said, so what's worst case scenario? He's like worst case scenario, I have to declare bankruptcy. I'm like, cool. And why would that be so bad? He's like, because then I lose my house. Okay. Then what would you move to? He's like another house. I'm like, okay. And then what would happen? "Well, my in-laws would think I was a failure to their daughter." I'm like, okay. Are you okay with that? "Well I guess that's okay." And then what else? So he lists out all the worst case scenario. So I'm like, okay. So if everything fails, that's what's going to happen. You're going to lose your house. You're going to have to move out. Your in-laws might think that you're a failure for a little bit, but then you have a chance to rebuild. Can you be okay with those things? And it took us a while util, he was like, "Okay. I think I can do that." And I said, okay, now you have the ability to move forward. And that was it. I left. The next day he came out and he's said, "I was able to now start making good decisions and step forward because if I fail, I was okay with that." And that's the key. It's interesting. Have you seen... Sorry, Batman reference. Have you seen the third of the Batman series where he's fighting Bane? So remember he breaks his back, puts him in this pit and he's down in the pit and he is getting the hill up and no one's ever escaped this pit. Right? It's like climb up this thing to get out of this pit. And it's almost impossible. And when they do is they tie rope around their waist and they go and they try to jump out of the cliff to get out. Right. And there're rumors that one person ever, ever escape from this pit. Right. And everyone talking about the rumors. And finally this old guy tells Batman's, the only person ever escaped from the pit was little kid. And they did it because they didn't put the rope around their waist. And so Batman and the guy said, the problem is that they have this rope around the waist and they're jumping, knowing , I've got this safety net, right. We talked about burning the bridges. I have rope, that's going to keep me here. And so they kept jumping, but because they have the rope, they know that they're going to okay. And they don't go hard enough. And so Batman decides, okay, I got to do this. He cuts the rope off, climbs up freestyle and then leaps. And this time he is like my life depends on this. I have nothing holding me back. I've got nothing. Worst case scenario, I'm dead and I'm okay with that. Let's go for it. And he jumps, catches the thing. Gets it out escapes. Saves the world saves Gotham and he's Batman. So, but the moral of that is, if we have this rope that's holding us back we're not going to take the leap we need to do. So we've got to stop look back and say, I'm okay with that. Okay. I've had three or four times in my business career that have been ups and downs. And when the downs are happening is when I started freezing up. And it was me getting very clear with myself saying, okay, worse case scenario that happens. Am I okay with that? Can I deal with that? If that happens, what's my life going to look like? When you look at it, it's actually not that bad. Yeah, it'll be annoying, embarrassing. But, it's really not that bad. I'm not dying. You're like okay, cool. I can deal with that. Okay. Now rope's gone. I can jump. And now you have a chance to do it. And maybe you do fail. Maybe you do go bankrupt. That's okay. It happens. That's the greatest thing about this country is the bankruptcy laws. The founding fathers, who I believe are inspired from God gave us these rules saying worst case scenario, you lose everything. It's not like you get thrown in jail for the rest of your life. You have a chance to reset and start over. Right. Most entrepreneurs I know who have been successful, have gone bankrupt. At least once, most of them multiple times. It's not the end of the world. So become okay with the worst case scenario and then go out there and live your calling, live your mission, jump without a rope and have some success. So, that would be my recommendation. I don't know if you want to add anything to that but. Pietro: That was awesome. Alison: Yeah. That was really, really good. One thing that I've seen entrepreneurs do and I do it all the time is, I think I need to be here, when I actually just need to take that first step. So you were talking about, you have a lot of different things that you want to do and you don't know what you want to do. So you're trying to figure out how to put them all into one thing and it's overwhelming. Right? I believe that God only gives me a half step. I don't even get a full step. I get a half step. He's just saying, will she take it? Will she take it? When I started e-commerce if I would've seen this big vision of me standing on stage with Russell Brunson, Russell: I don't want to do that Alison: I wouldn't have not started. Russell: I'm out. I'm out. Alison: Yeah. My brain could not handle that. So I wasn't given this big, huge dream. Mine was just a half step and a half step. And that helped me to create the clarity of where I needed to go. And as I look back over it, I'm so glad it was just given to me step by step. Half, step by half step. Because if I would've gone out sprinting and I'm sprinting in the wrong direction, that's a heck of a lot more of a boat change or a run change right, than if I just step into it a little bit at a time. And actually a lot of times I know entrepreneurs, they're just given a little bit, a little bit of faith. Are you going to take that faith? Are you going to take that faith? And then our mind just becomes more clear. Did you think that you'd ever be standing in front of 6,000 people on a stage? Russell: My goal wat to make a 1000 bucks a month. That was my entire goal getting started. If I made 1000 bucks a month, I can keep resting and then my wife can keep working. That was it. That was the grand vision. When I got started. Alison: Mine was $200 a day. Russell: Nice. Alison: I think a little bit more than yours. That was my vision. Russell: She's more aspirational than me, but yeah. Russell: Yeah. Alison: Does that help? Pietro: Yeah, guys, yeah. It's so much value here. I don't even know what to do with it right now. So I probably am going to watch this over and over and over and over again. And yeah, I love you guys. Thank you so much. Alison: I don't think you're going to be able to sleep tonight. Pietro: No, I didn't yesterday and for sure, I'm not going to tonight as well. So, Russell: So cool. This is the most, I don't know. It's funny. I remember going to conferences back in the day and I was in these rooms, that are stuffy rooms. And I'm the little kid in the back freaking out, "This is amazing!". Why are people not more excited? And so I remember I started doing this stuff I want to make business exciting, because it is. This is the coolest stuff in the world and a chance for me to talk about and play with it. But when all is said and done, I had this conversation last week with my team, we're sitting there, we're stressed about something and everything and I kind of stopped everyone for a minute. I said, you guys don't understand. This is just a game. We put on like this is life for death. Da,da,do... No, this is just a game. We're going to die eventually and right now we have this window of 10, 20, 30, 40 years, who knows how long? We're occupying brains and trying to make ourselves productive and help people along the way. This is just a game. None of it actually matters. So when you look at it from that point, this is the game I'm playing. I'm going to figure it out. It starts becoming more fun and more free as opposed to, "Oh, I got to figure this out!". And people get so rigid and stiff. And then they're too scared to do anything. No, look at it differently. And it becomes fun and it becomes exciting. And now it's not I tried something and I failed. It's I tried something and I learned. Alison: Yeah. Russell: Right. I remember I had this call with Tom Bilyeu. Tom is one of the most brilliant people I've ever met. We were talking about identities. And he said, that all of us have an identity and a lot of times we have to shift our identity, right? When you guys come into our world, we try to shift our identity to become a funnel hacker and entrepreneur. He said, sometimes we create identities for ourself that are very, very limiting right? Where you might have an identity, "I'm a world class wrestler." "I'm the best entrepreneur in the world." This is the identity that I have. But then what happens is you create that identity and you hit it and something fails. All of a sudden, you think, oh my gosh, I'm a failure because I didn't live up to my identity. And Tom, so smart. He said of all the identities you can have. There's one identity that trumps all the others. And he said, this is my identity. Because I take on the identity of the learner. He's said as the learner, you can't mess up. Because if I fail, I learned. If I succeed, I learned. No matter what happens as a learner. I have this ability to keep moving forward in life, through all the ups and the downs, because my identity is, I'm a learner. So I'm looking for the learner. I'm looking for the learning and failing, looking for success, looking for everything. And that way, I never feel like a failure because I'm always learning. And I was like, oh my gosh, that's such a cool, mind hack of like, how do I shift my identity to I'm a learner. And you guys are obviously learners, you're here. But this is the path and the process. That's the key, the identity that trumps all others is the learner. So anyway, I thought it was a cool nugget from Tom that I keep thinking about it my head over and over and over again, because I get in the thinking sometimes where I'm this and this and then something happens and when you think that you're whatever and you fail. For me a long time I thought, "I'm going to be an Olympic wrestler." That was my goal and when I didn't hit it, I thought, oh my gosh, I failed. I'm a failure. And all of a sudden the darkness that comes with that is unbearable. Right? Because, I spent my whole life on this mission and I failed. And it's just coming back to shifting to, I'm going to be the learner and man that opens up everything. And anyways, it's pretty powerful. Alison: And don't you think if you just sat with that thought on your own, it would've destroyed you. But because of the community that you have around you, what you've built around you they're like dude, Russell, no! Look at all this stuff, right? Russell: Yeah. Alison: We are meant to be in a community. We are meant to support each other. The lone world is, I don't want to be alone. There's a reason why we love talking to each other where we connect with certain people. It's because we lift each other up in the darkest moments and then we get to celebrate the heck out of each other at our highest moments. And Russ and I were talking about this, we talk about this all the time, but when we hit these amazing successes, I'll say Russel, blah blah blah! And he says that's so cool. But if I go tell some of my friends who don't understand the business world, they don't understand what we've gone through. And it's not so much a celebration. I love when I get to celebrate with Russell. I love to hear when our students succeed. That's so fun. We just forget to celebrate along the way. And that's something that we really... Come on, share your celebrations. Russell: Yeah, that was one of the weirdest things that I found when I got into this business, starting success. I thought that as I had more success, everyone was going to celebrate that in personal life and it's the opposite. Alison: Yep. Russell: I'd have success and I'd go tell my friends and my family who around me. And they would say, ah. Cause for them, you're growing, you're changing, you're evolving. And they say, ah! Stay back here. They don't do it consciously. I don't think they do it viciously. But man, they say things. They throw things out where it feels uncomfortable for them to see you grow. And that's why I think one of the big reasons why I would say entrepreneurship is the loneliest job in the world. Cause most of us , unless you're in a family of entrepreneur is different. But if you're not, usually it's probably just you. For me, it was just me. My wife wasn't an entrepreneur. People around me weren't. It was me on my wife and I's first little apartment on a computer by myself. I had this vision, I had this dream and it wasn't until I got into a community of other people, oh my gosh, first off, I'm not weird. Like there's other people like me. But second off, when I had successes, none of them, there wasn't ever that weirdness, it was always, oh my gosh, that's so cool. Cause it was inspiring, they wanted to keep moving up with it. And I think that's one of the biggest things. Just understanding that getting around the right people, it shifts your mindset, shifts your beliefs, gets you the permission to celebrate. We're now having these successes, isn't a bad thing. It's not weird. Instead, it's yes, this is good. These are good positive things. And so my goal is to get you guys to plug into this campfire as much as you can, right. Stay around where it's warm. Everyone's in here. This is a community that's amazing. And so we've tried to build that again. The Funnel Hacker community is amazing. It's a huge community. But, there're different levels of it, right? There's all these funnel hackers in the world. Then every year, there's about 6,000 that come to Funnel Hacking Live. That circles smaller and it's an amazing community. And inside of that, there's about 600 that join 2CCX. And that circle's smaller and we're tighter with them. Inside that there's about 100 inner circle. And from that, there's 15 inside of Category Kings. And so as you get closer and closer, the groups are smaller. They're more intimate. People that are more crazy. We call this program, the one percent crazy. Alison: Yeah. Russell: Because they're little crazy. You're going after things that don't make any sense to the rest of the world. Right. But you believe in them. We believe in them and that's the power. So, getting in those communities, you have a chance to be around the people at each step, right? You ever have conversations with people who are at the same level as you? Again, every level of the conversations are different, right? 2CCX are certain conversations. When you graduate from that you get to Comma Club level. Where now moving into inner circle, which there're different conversations we're having because we're different problems, different things. Every opportunity you have creates new problems. And so right now you guys are in a spot where this is the program you need. This is the thing that's going to get you to that next step, to the next tier. It's going to give you the people, the coaches, the mentor, the direction to get you to the next step of the process. I'm excited for you guys.

The Marketing Secrets Show
Is My Value Ladder Backwards?

The Marketing Secrets Show

Play Episode Listen Later Feb 23, 2022 23:07


In this episode, Russell and Alison answer the question "Is my value ladder backwards?" Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing ---Transcript--- Russell Brunson: What's up, everybody? This is Russell. Welcome back to the Marketing Secrets podcast. We've got some more Q&As from the Ecomm Vs Expert Smackdown. You guys have really been enjoying it. I've got a lot of really good feedback. So, we got a couple more before the series is over, but this next one is a really good question. Is my value ladder backwards? Some people come in this world and they start with high-ticket coaching or something really expensive, and they read Dotcom Seekers and they're freaked out because they're like, "I don't have a value ladder. I have nothing on the front end of the..." It's interesting because for me the value ladder is my business model, like here's the plan, here's where I'm going. Eventually, I'm going to bring people in and move them through this whole thing, but the fear I've always had teaching the value ladder is that one of two things happen. Number one is that people try to build everything on the value ladder before they launch their business, and that's not the plan. That's number one, is they're trying to get everything done before they get started. Then the second problem people have is they think that, "Okay, that means I have to start from the bottom of the value ladder," and for me the bottom of my value ladder is what, are my books. Now, all things I've ever created, I think that's the hardest and takes the most time and energy and effort, are my books. Yet they're things that cost the least amount of money. So, I could spend three years writing a book, try to launch it, and make no money at all, or you can start higher up the value ladder. In fact, most people I recommend starting in the middle of the value ladder or the back of the value ladder. Some people I say, "We should start with a webinar," or, "We should start with a high-ticket thing," or something because usually, it's easier to do that, make more money, and then as you start scaling, that's when you start moving down the value ladder to go to colder and colder audiences. So, anyway, I talk about that and other stuff in this question, and I think it'll be helpful for any of you guys who are wondering about that. We went off on a couple other tangents, fun directions and things, but I think you'll enjoy this one, especially for those who are wondering, "Where do I start? Do I need a value ladder? Am I going to create one? Where does this fit? God, what do I do first and second and third?" So, I hope this episode's great for you. We're going to cue the theme song. When with come back, we're going to dive into is my value ladder backwards. Brent Coppieters: Next question from Li-Sann Mullings, I hope I pronounced her name right. She says, "I feel I built my business backwards when it comes to the value ladder. It starts with the high-ticket coaching. I have courses and other products, et cetera. What's the best vehicle slash approach to get these out in a ClickFunnels world?" Russell: Very cool. Great to meet you. How you doing? Li-Sann Mullings: Hi. Thank you. Russell Brunson: Yeah. So, one thing, actually, I want to... So, this is the pros and cons of the Dotcom Secrets book. I teach people this concept, the value ladder, and a couple things you have. One is that people go in and they try to build every single tier of the value ladder before they launch their business. It's like, no, the value ladder's like your business plan. Where are we going? The second thing is people always think you have to start at the very bottom tier of the value ladder. For me, the bottom tier of the value ladder is my books. My books, of all things I've ever created, have been the hardest to create. So, if I would've started with the book, it would've taken me 10 years before I sold anything. Eileen Wilder spoke at Funnel Hacking Live, and she said basically, she did it backwards, like, "I started with the high ticket. I made a bunch of money off high ticket, and then from there I was able to invest in the lower ticket and moving things down." I actually do think for most people I coach that is a better strategy, is to start with the high ticket, because you're able to get more money. It's easier to break even on ad spend and things like that. In Eileen's presentation at Funnel Hacking Live, she actually shared Elon Musk's business model. She was like, "When Elon Musk first launched the Tesla, he didn't launch the $30,000 Tesla and then move up to the 80 and then 100. The first one he launched was the $200,000 pimped out, super expensive, awesome Tesla, and he did that, launched it out there, got all the cash, and then from there was able to create the next tier and the next tier and the next tier. But he led with high ticket as well." So, I'm actually a big proponent of, especially in the extra business, to lead with high ticket, so you can do a webinar or high-ticket sales because it's the fastest way to get money, and then from there you can reinvest and build the lower-ticket funnels. Does that help a little bit? Li-Sann Mullings: Yeah. That's really helpful, Russell, because to be honest with you, I have a really thriving high-ticket coaching practice, and I'm really burnt out. I'm passionate about what I do. I have the best gig in the whole world, and to be honest with you, when I started pivoting, I found ClickFunnels, and one of my dreams was to say thank you to you in person. Russell Brunson: Oh, wow. Li-Sann Mullings: You're looking at someone who I called my son in a college class to ask him how to get my iPod to work a few years ago, and now I build funnels. I love building them. My magical child is so happy. I don't have to call anyone when I have an idea at midnight. So, you really saved my life. I just really want to- Russell Brunson: Oh, man. Li-Sann Mullings: ... say that to you. My son, he's 23 now, and he's so tickled that I'm a funnel hacker. He's like, "Who is this Russell Brunson guy?" To get his mom to be happy just sitting there, making funnels and changing my stuff, he thinks you're like God. You're so talented. So, my very first funnel that I built about three months ago, I ran a three-day challenge with it, $37. I did the order bump, and I made a little under $1,000 on that funnel, which was great for me because typically, I teach them for free and I never make any money, and my offer is screwed up because I don't know how to sell group programs, so I guess I have a lot of assets. I have a lot of creatives. I've done this for so long now that I've always worked with these frameworks, but I call them roadmaps. They're actually a signature collection of roadmaps, and- Russell Brunson: Awesome. Li-Sann Mullings: So, for me, it's really trying to understand how to scale down as far as the ladder in order to leverage, and I'm not quite sure... What would you advise me to do? Russell Brunson: Because right now you're doing all coaching one-on-one, right? Li-Sann Mullings: Hmm? Russell Brunson: Because I know all your coaching's one-on-one right now, right? Is that the- Li-Sann Mullings: All my coaching is one-on-one, and they're successful women entrepreneurs who are... I call it, how you say in your books, and I have them, they're right here, that you teach people how to make their funnels work, I teach people how to make their life work. Russell Brunson: That's awesome. Li-Sann Mullings: The people who positive thinking has failed them, they can't break through mindset stuff on their own, because they're all these deep core wounded, so I'm like the “woo” person, and I'm a healer, a shaman, a spiritual coach, and I go deep and find what's blocking them, not just the frivolous, "Oh, just break through your limitations." Russell Brunson: Yeah. Li-Sann Mullings: So, I have a really thriving practice that way for 20 years, but I'm really burnt out, and I really am called to have my things go out to more people in a bigger way. My guides, the father, God, has shared with me that these pathways that I've built, frameworks, for years, are meant to serve in a bigger way. So, I just really am so stuck as far as where to start. Russell Brunson: Well, one thing, as a funnel hacker, you should be able to watch... Hopefully, you've been paying attention to what we've been doing. If you've noticed, Two Comma Club, my coaching program, is a group coaching program. There was a time when Alison, you were in Inner Circle. I was the only one doing all the coaching one-on-one by myself, and same thing. I got to the point where I was like, "I can't. All this is getting too heavy." So, we launched Two Comma Club X program, but what we did, if you look strategically, I was like, "Who are people I've served that have had success?" Alison's one of them. A lot of the other coaches, the people that are the coaches and the mentors in groups are people who I've had a chance to work with who understand my systems and my processes, and now the group coaching works where I can come in, and Alison and I can do group coaching like this, but then our coaches are the teachers' aides who are able to go deep specifically with somebody and go deeper and one-on-one with their core issues and things. Right? Li-Sann Mullings: Yeah. Russell Brunson: If they get stuck, they can come back to us and we can help them get through it, but that way it takes some of the one-on-one pressure off of your shoulders. So, I'd be curious, for the 20 years doing it, I'm sure that you've helped a lot of people who are fascinated by this… Li-Sann Mullings: Oh, my god. Russell Brunson: ... process, and have probably tried to learn that stuff. Li-Sann Mullings: Yeah. Russell Brunson: Imagine if you took a group of four or five of them and certified them or trained them to work underneath you, to do your processes on somebody else. Right? Li-Sann Mullings: Yeah. They could do a certain level of my roadmaps because there's a chemical... This signature system that I work with has these different pillars, and then that first pillar is breaking through awareness, elevating awareness, the clarity blockers, and on and on and on. So, yeah, they could do that, but the other pieces really requires that you're a shaman and you're a healer and you're a multidimensional child. So, it takes me into those places that- Russell Brunson: So, that's the same thing for me. So, let's look at my program, Two Comma Club X. This is where Alison and I are in group, and we have coaches and mentors that do everything, and they get people to a certain level. My goal in that program is get people to Two Comma Club. When they get to Two Comma Club, then they graduate and they have a chance to be invited to my Inner Circle, and my Inner Circle is also a group program. Right? Li-Sann Mullings: Yeah. Russell Brunson: The first tier of the Inner Circle, and then inside that group, they have to pass $10 million in sales. Then they come up to my inner, called the Category Kings, and there is me one-on-one with them. So, they work up towards me. So, they get the first level of stuff. You get the first set of skillsets where you guys get Two Comma Club, boom, make them Inner Circle. Now we're in a smaller group. I'm still facilitating this in a smaller group. We're having different conversations that are... Because you've already solved other conversations like, what am I selling, how am I selling it? That's to figure out Two Comma Club X. Now it's like, "Hey, now I've got a business. How do I scale? How do I hire teams? How do I get employees? How do I figure out my operating procedures?" All this stuff that people need from a million to 10 million, that happens in Inner Circle, and then Category Kings is like, "I'm trying to change the world. How do we do that?" and now I'm one-on-one with them. It's me and them and nobody else because that's where I touch in. Right? Li-Sann Mullings: Uh-huh (affirmative). Russell Brunson: So, for you it's looking at the same thing. What's the levels? How does it work? Dan Kennedy used to tell me this all the time. He's like, "You got to look at yourself like you're the guru on the mountain, and people are trying to come to you, but what are the things that could happen at this steps and each step as they get higher on the mountain or higher up the value ladder?" They get more and more access to you. Right? Li-Sann Mullings: Okay. Russell Brunson: So, that's looking at it from that standpoint. Li-Sann Mullings: That's so helpful. Russell Brunson: Yeah. Li-Sann Mullings: So, within the ClickFunnels community, as far as training and where to, where would be... Is this a program then that I would come into to get, say, my trainings out as home study courses? Because I have so many of those written based on the work I've done for 20 years, and I know these systems work. Russell Brunson: I think for you there's two things. Number one, by you coming to Two Comma Club X program you have a chance to see where you're trying to model. You're going to see, okay, here's how Russell structure the thing. In fact, Darrell E. signed up for our Inner Circle, made $50,000, and he came the first time, was like, "I'm only here because I have my own coaching program. I'm trying to figure out how you run yours because it's so efficient." So, he came in just to model it. So, part of it for you is coming in to model, like, "Okay. How did Russell structure this? How are the momentum coaches? How's the performance?" Look at the structure because this isn't something we just made up. This is 20 years of trial and error back and forth, and all the stuff Alison brought to make it where it's a process that we can systematically start pumping out Two Comma Club winners because we know the process. Looking at that, and how you model that for what you're doing, and then secondarily, yes, on the expert track we go into building home study courses and trainings and coaching, all those kind of things. So, you also get the actual helping you take the things in your head and developing them into the products, the courses, all the things you need for the programs as well. Alison Prince: That was so much fun. How are you feeling? You feel good? Li-Sann Mullings: I really feel good about this, and I do have physical products too, but... Alison Prince: Okay. Let's do this first, then we'll do physical later. Li-Sann Mullings: Yeah. The expert is my heart, so- Russell Brunson: So cool. Li-Sann Mullings: ... the products are great, but that's my baby steps in. Russell Brunson: Yeah. Alison Prince: Love it. Love it. Li-Sann Mullings: Yeah. Russell Brunson: So great to meet you, excited for you. This is awesome. Li-Sann Mullings: I am really. Thank you so much. Russell Brunson: Thank you, too. Li-Sann Mullings: Thank you again, Russell, and thank you Alison. What a beautiful two days. Russell Brunson: Thank you. She's awesome. Alison Prince: That was fun. Okay. One thing that I've done over the last five years... I know everybody says, "Do what Russell says." I also do what Russell does. I'm watching the magician not just do the trick, but I'm watching his hands. What's he doing? How's he doing this? How's he setting up this? How's he not in a closet eating Milk Duds and hiding? Russell Brunson: Crying every night. Alison Prince: Yeah. So, I do. I watch what he does, and why I joined the Inner Circle, honestly, because I was like, "How did he do that?" When I'm listening to him up on stage I'm like, "How did he do that, and how did he break that down, and how'd he get me to say, 'Here, take my money'?" You said I was a coupon fanatic, and for me, pulling out that money, to say, "Here's $25,000," I was like, "I need to learn that skill. I need to be closer to him, and I've got to figure this out." Russell Brunson: Yeah. Alison Prince: So, watch the magician's hands. Watch what we do, and don't steal our ideas. Don't copy and paste our copy. We've had that happen a lot of the times. Russell Brunson: Too much. Alison Prince: Yeah. Russell Brunson: Model it. Alison Prince: Just model it. Let us be your inspiration to it. Russell Brunson: Yeah. This just popped in my head, so I'm going to share it, but the very first Funnel Hacking Live ever in Vegas was in 2015. The first FHL ever, we had 600 people in the audience, so I was like, "I can't believe 600 people are coming to hear us talk about funnels, for crying out loud." It was amazing. But I remember two of my friends, they weren't my friends at the time, I didn't know them, but they came, Justin and Tara Williams, and they came and they come to Funnel Hacking Live like, "We know Russell's going to try to sell something. We can't do it." So, they literally put their wallets in the hotel room and like, "We're not bring out wallets down because we don't want anything. Russell's not going to sell us stuff." So, they did that. They came down, and sure enough, after day two I made a presentation, I made an offer, and they were like, "Okay, go up to the hotel room." So, Justin ran up, grabbed the credit card, came down, spent $25,000 and joined the program. I remember the very first meeting we had with him and his wife, and they're to this day some of my favorite people I've ever met, and they're sitting in a room and they're like... They had a business teaching people real estate, and they're like, they're struggling, they're frustrated. They had tried this and this. Nothing was really working. They had some success, but nothing exciting. I was like, "You know what you guys should do, is you should launch a $25,000 coaching program," and they're like, "People are not going to pay $25,000 to come and learn from us." I was like, "You literally paid $25,000 to learn funnels from someone who looks like me. I look like I'm 11 years old," and they're like, "That's true." I said, "The fact that you spent $25,000, now you have permission to ask other people for $25,000." They're like, "You're right," and I said, "Okay, guess what you're doing tonight." They're like, "What?" I'm like, "You're going to email your list," and it wasn't a very big list, and I'm like, "And you're going to tell them you're launching a $25,000 coaching program, and you're going to see how many people say yes." All the nerves and the fear and everything, I'm like, "Tomorrow morning we're going to hold you accountable," and they're like, "Okay." So, that night they went to the hotel room, they freaked out for like two hours, they finally hashtag did what Russell said, sent an email to the list, and they didn't do a sales call or a phone or a stack or an event or anything. They just said, "Hey, list, we're going to do this program," and the next morning they came back, and they're like, "You have no idea what just happened." They said, "We had," I think it was 14 or 15 people, "just sent us $25,000 over the night." Alison Prince: Wow. Russell Brunson: I said, "That was one thing to get you outside your comfort zone," but it 15Xed his payment in the first day, and the reason is because they start thinking bigger. When Dean Graziosi came out, Dean Graziosi and Joe Polish came out with a $100,000 mastermind group, and Dean... It was the event where they were going to sell it, and it was the night before. He's like, "Hey, we're thinking about launching this $100,000 group. What do you think?" I literally pulled out my credit card. I said, "I'm in." He was like, "What?" I'm like, "I'm in." I'm like, "I want to be the very first person." He's like, "Are you serious?" I'm like, "Run my card right now." So, he went and ran my card and put it back in, and later he asked me, he was like, "Why did you... I didn't pitch you or anything." I said, "Because someday I want to launch a 100,000 mastermind group, and I can't charge someone $100,000 if I've never invested that in myself? How can I be congruent with that in any way, any stretch of the imagination?" Then this year, some of you guys know I launched the Category Kings, which is $150,000 a year to be part of this group, and I was so scared, I freaked out. I sent an email to 200 people who I thought would be qualified, and there were only 15 spots, and the 15 spots were gone in 24 hours. If I had not invested that stuff in myself, I would not have had the guts to ask somebody else to invest it in them either. So, this is a big part of it as well, especially on the expert side, is you guys are trying to become experts and lead things like... You want your people to invest money in you. If you're not investing in yourself, there's no way it's going to happen. Okay? Myron Golden said this best. He says, "You don't attract who you want. You attract who you are," which is really interesting, because it's little, "Oh, I want people that are the best buyers, the highest ticket," da, da, da, da. I say, "No, no, no. You're not going to attract who you want. You're going to attract who you are." That's one of the most fascinating things about the Funnel Hacker community. People always come like, "How did you build this community?" I'm like, "Because people are attracted to us. You attract people that are similar to you. So, if you're a good person, you're going to get good people to come to you. If you're a sleazy salesperson, you have sleazy salespeople who are going to show up." So, you attract not who you want, but who you are. So, who are you, the kind of person that invests in yourself? If so, you're going to attract people that invests in themselves. If not, it's going to be hard. So, just putting that out there as well to think through because half of this is investing in yourself, half of it's modeling, half of it's looking at these things, but all the pieces together is what creates this amazing environment and community that gives you the success you need. So, I'm only in dotcom. Alison Prince: Can we have a mic drop? That was so good. Did you guys just have so many ahas there? This is why we want to be around Russell. This is why we want to be in this group, is to be able to break through and say, "Oh, that's right. I can invest in me, because if I'm not willing to invest in me, who else is going to be?" I just love how you brought that up. Absolutely, absolutely. Russell Brunson: Cool. Alison Prince: Doesn't the cart close soon? Russell Brunson: Yes. So, we are actually... So, Alison and I have another 37 minutes that we are doing hot seats, and then I've got to race to my kid's wrestling match tonight, so I'm out of here, and we're going to have a 30-minute countdown clock. When it ends, that means... What is it? Basically, 1:00 Mountain Time with 3:00 East Coast, I think, ish, is when the cart closes because we have to get everything set up because Monday, the program starts, and so you guys have less than hour, about actually an hour- Alison Prince: Hour and six minutes. Russell Brunson: ... and six minutes and 39 seconds to make your final decision if you're in or not, and I hope you guys come in. I know that it's a scary thing, but we're here to catch you and to take you and to guide you, and like we said before, if you come in and you're like, "Oh, it's not a fit for me," we don't need your money. We'll give it back. But if you take that leap of faith, and I know it's scary and nervous and all those kind of things, just know that this is not our first rodeo. We've done this for a long time, and you're in a spot that's safe with other people who are like you, who think like you, who dream like you, even if it's hard, because the people in your existing world will be like, "You're crazy." Hopefully, it's comforting to know that all the people in my existing world when I started thought I was crazy. When I wrote Dan Kennedy a check for $18,000 to go fly to Baltimore three times a year to not hang out with Dan Kennedy, all my friends thought I was insane. My wife, I didn't actually tell her because she would've thought I was insane and I didn't want her to leave me. I've had counseling since then to understand how a marriage is supposed to work, so now she would've known ahead of time, but she didn't because I was too scared to tell her. So, I get it. I understand those fears, but man, that leap of faith, you just feel like it's like stepping into the darkness. You're like, "There's fog and darkness. I don't see anything. I think there's something there," but you take that step of faith decision, get there, the way gets lighted a little further. You're like, "Oh, it's there," and you take the next step leap of faith, and it gets actually a little further, and you don't know where you're going until you just keep going, and eventually you're like, "Oh, my gosh. I made it," like, "Oh, there's the path. I hadn't seen the path, but Russell and Alison have been on the path. They told me the path was there, and then sure enough, the path was there. It wasn't that bad." So, I just recommend you guys take that leap of faith. You've been here for two days. You obviously are looking for something. You feel called. You feel that feeling, and maybe you're nervous. I get it, but man, I just want you to know we're here to catch you and to take you on this journey because it's a life-changing journey. Your life will never be the same. Alison Prince: Absolutely, absolutely. Christopher just joined. Christopher, I'm so excited for you. Russell Brunson: Welcome, Christopher. Alison Prince: I wonder which track he's going on. Russell Brunson: Oh, Christopher? Expert. Come on. Alison Prince: Ecomm. Russell Brunson: All right. Okay. Brent, what's up next? Brent Coppieters: Okay. Well, this has been just fricken amazing. So, we have two questions, a couple things, two questions, but I think, Russell, I just wanted to highlight something you mentioned, the access. You talked about stepping up on the mountain and getting greater access, and something that I think I want everybody who's listening to know is not only great community, not only amazing coaches, obviously, with you two and our performance coaches and momentum coaches, and all the other things, but we've got live event access as well. You'll never have an experience where you're snorkeling, you look over and there's Alison and Russell snorkeling with you. We've done the cruises. We've done cruises. This year, in a month-and-a-half, six weeks, we're headed to Mexico, and so 2CCX members are invited to attend those events. Unlock the Secrets, which is a family event, will be in Phoenix in June, which is amazing, and of course, Funnel Hacking Live, you get early access. You come to Funnel Hacking Live, you get in the room, for the best seats in the house before everybody else. Alison Prince: That's so worth it right there. Russell Brunson: On top of that, last year at Orlando we rented out Harry Potter Land, and all the 2CCX members came to that, which was at Hogwarts. Alison Prince: Yes. Russell Brunson: We rented Hogwarts, so we had the whole park to ourselves all night long. We rode rides. We drank Butterbeer. It was insane, and that was just for 2CCXers, and you hung out with my wife, my kids, and us. Yeah. You get a different level of access. You get to hang out, and it's special. It's really fun, and Hogwarts was so cool. Alison Prince: It was unbelievable. I remember coming up to you after and I'm like, "Russell, you know you don't have to do this," and he's like, "But I can," and I love how he- Russell Brunson: It was so cool. Alison Prince: ... spoils all the people in his community. It's really inspirational to see, and I actually think the whole thing, do what Russell does, I think it's the ripple effect. We want you to spoil your customers. We want you to give them the best of the best out there, and who do we learn it from? We learn it from what Russell does. Then when I was shipping e-commerce, I always wanted to make my packages feel like they came from a best friends, and so I packaged a little bit differently, and we just build these relationships because we know about humans, and we understand how they work, and we want you guys out there serving the world, making a difference. Russell Brunson: So cool.

The Fantasy Cross-Over Podcast
Big Blockbuster Trades! NBA Skills and 3PT Participant revealed! Category Kings of Swats!

The Fantasy Cross-Over Podcast

Play Episode Listen Later Feb 9, 2022 44:11


Hi everyone today Brian and Daniel break down the recent blockbuster trades that went down and the recent All-Star weekend news. They also breakdown some key Reddit questions, their MUPs, top waiver adds and drops and Category Kings for Blocks over the last 30days! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

Lochhead on Marketing
140 Microsoft Buying Activision Blizzard: What Most People Don’t Get

Lochhead on Marketing

Play Episode Listen Later Jan 24, 2022 12:12


This episode is based on some of the thinking in the #1 bestseller: The Category Design Toolkit: Beyond Marketing: 15 Frameworks For Creating & Dominating Your Niche Since Microsoft announced that its purchasing Activision Blizzard for $70 billion, a lot of people have called this stupid. Others said Microsoft overpaid, and other various things. So on this episode of Lochhead on Marketing, let's break down why this acquisition is actually a legendary move and examine the difference between acceleration deals in growing categories, and consolidation deals in slow growth to declining categories. Let's also look at Microsoft buying Activision Blizzard from the future, as opposed to from the present. Welcome to Lochhead on Marketing. The number one charting marketing podcast for marketers, category designers, and entrepreneurs with a different mind. Did Microsoft Overpay for Activision Blizzard? Most people think that Microsoft overpaid with the $70 billion price tag on Activision Blizzard. Not necessarily. People tend to look at this as a consolidation deal, where Microsoft buying a company at a decline, which is not. The important point of the deal was to facilitate Category Acceleration. The goal of this deal or purchase is to buy a leading position in a category with a massive future potential. They are not buying people, products, customers, or even the revenue; they're buying a dominant position in a category with massive growth potential going forward. These types of deals are often employed by Category Designers that are actively pursuing the next Category King. A practice that Satya Nadella, the CEO of Microsoft, seems to be well aware of. The Big Play for the Metaverse So why did Microsoft purchase Activision Blizzard? Simply put, Microsoft is making a huge bet on the new Metaverse. For them, the gaming category will be the gateway into getting a solid foothold in the metaverse. Here's what Satya Nadella has said on the matter: “Gaming is the most dynamic and exciting category in entertainment across all platforms today, and will play a key role in the development of Metaverse platforms” Digital Natives and the Digital Gaming Industry In 2020, the online gaming category in the US reached a peak of 166 billion. Why is that? Well, it's because of the 140 million Native Digitals in the US alone, 70% of which identify as gamers. Digital Gaming has been a booming business lately that it has far outstripped Hollywood. Also, there are now colleges and universities that offer scholarships to a new category of athletes who play eSports. Yes, Native Analogs. Young people today are getting college scholarships for playing video games. Getting a Head Start on the Metaverse You all probably know about the Metaverse by now, and watched the bizarre presentation that Mark Zuckerberg did. In that presentation, he said Facebook is investing 10 billion on the Metaverse. Microsoft just one-upped them and did 70 billion. Consider this as well: aside from Facebook, most of Meta's category-defining products and services were not internal projects. Their key brands and properties were startups that they have acquired once the category has proven successful and already dominate as Category Kings. In terms of the Metaverse, Meta might be on to something. Unfortunately, it will take a lot of time to develop and visualize what they want their metaverse to be like. Microsoft, by buying Activision Blizzard, sort of stole the march from them and established an initial goal for their idea of the metaverse, and an existing system to implement it on. In other words, this deal suddenly puts Microsoft in the pole position and the driver's seat. To hear more about Microsoft buying Activision Blizzard and why it all makes sense, download and listen to this episode. Bio Christopher Lochhead is a #1 Apple podcaster and #1 Amazon bestselling co-author of books: Niche Down and Play Bigger. He has been an advisor to over 50 venture-backed startup...

The Fantasy Cross-Over Podcast
Josh Giddey Sell High? What should we expect from Robert Williams? Biggest Fantasy over-achiever?

The Fantasy Cross-Over Podcast

Play Episode Listen Later Jan 12, 2022 35:15


Hi Everyone, Danny and Brian review their MUPs and the top waiver adds/ drops. They then review Category Kings for PPG in the last 30 days and answer a few questions off Reddit. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

The Marketing Secrets Show
Money Mindset Secrets…

The Marketing Secrets Show

Play Episode Listen Later Jan 5, 2022 37:50


Did you know this may be holding you back from success in your business? Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing ---Transcript--- Russell Brunson: What's up everybody? This is Russell Brunson. Welcome back to Marketing Secrets podcast. One of the questions I get asked a lot about, and I don't spend a lot of time talking about it, is actually money and mindset around money, and how that works, and things that can help you to make more money, things that hold you back from making money. They have nothing to do with your skill set, it just has everything to do with the conversations, the beliefs, the things inside of your mind. This interview with Josh Forti, it was really fun and hopefully you enjoy it. Hopefully it'll help you if you do have money blocks, to help you get unstuck. If you don't think you have money blocks, you probably do. And this hopefully, interview, will make you very aware of those things, and help you to find those things and knock them out in your life. That said, we'll keep the theme song, and when we come back, listen in on this interview with me and Josh Forti. What's up everybody? Welcome back The Marketing Secrets podcast. I'm here today again with Josh Forti, and we're having so much fun today. We just recorded one episode and now we're going deep into episode number two, which we're going to be talking about mindset as it relates to things that are very specific to you guys as entrepreneurs. I'll Josh talk more about this as he's going to be queuing up the question, but hope you guys enjoy this episode as well. Josh Forti: All right, man. First off, we got to talk about your shirt. I feel like there's got to be a story behind this. Guys, for those of you that are listening on audio, let me just explain real quick. It is a skull and crossbones, but it's not just a skull and crossbones. It's got bunny ears on the skull. It's got little waves off to the side. What does it say on the sleeve? Russell: It says, "Psycho bunny." Josh: Psycho bunny. Russell: This is actually a really cool brand called Psycho Bunny, and I bought a couple of their things. I'm like, "This is a cool brand." And then I was shopping with Bart Miller in Vegas, and they have a Psycho Bunny shop. I went in there- Josh: Oh dang! Russell: And they had shirts and jackets and suit jackets that have the Psycho Bunny inside. It's just a fun, cool brand, and I really like it. Psycho Bunny. Josh: Okay. There's no grand, huge story behind how you got it. You just liked it. Russell: I should buy the company because it'd be really cool. Anyway, nope. Nothing. Josh: Guys, when you're a funnel hacker and when you decide to take over the world and create empires, you can randomly decide on a podcast that you're just going to ... "I should buy the company." That's not a normal thing that most people get to say, but it's super dope. Russell: This could be a fun episode in the future because as we acquired two big companies last year and I'm learning about this and having more fun with it, there are some cool ... For most of us, we look at a company, like, "There's no way I could buy that company," but then like Tai Lopez who just bought RadioShack and he bought Pier 1 Imports and all these companies… Josh: Dress Barn. Yeah. Russell: Now, I bought a couple companies and I'm like, oh, my gosh, there's actually a really cool strategy where it doesn't technically cost you any money if you do it correctly. We bought Dan Kennedy's company for a steal. We've launched the first thing. Now we made our money back. And now moving forward, everything I do with Dan Kennedy's company is pure, unadulterated profit to the bottom line. And that's exciting because ... All of a sudden it's like, you can actually buy companies when you understand the core principles of what we do. Anyway, that's a topic for another day, but it's kind of a fun one. Josh: So much fun stuff. Topic for another day. We'll do many episodes. Now is not the time. We're going to dive into what I think goes really well with our last episode. Last episode we talked about goal setting and setting things up, and that last bit of it was around identity and beliefs and values and rules and things like that. I want to talk about mindset here, and specifically the mindset ... There's a couple core key areas, because what's interesting is a lot of times we think mindset is we have to train our minds to think a certain way, or we have to overcome false beliefs about bad things. Like, "I'll never be successful" or "I'll never be this." But it goes both ways, because often times we can have fear of success. We can have fear that, oh, my gosh, what happens if I actually achieve that goal? There's so many different things around that, that we could dive into, but I want to kick off with this one specifically around mindset around money. I do want to talk about not just money, failure, doing the impossible, things like that, but I want to start with money because I feel like money is one of these things that we all have some form of weird relationship with it. Very few people grew up in a home where their parents and everybody around them had a healthy relationship with money, because most people ... I would say 90 plus percent of the people that I've met do not have a healthy relationship with money. They don't understand it. They don't understand what it represents, how it works, any of the things with it. For you, I want you to take us back because one of things, and I've kind of told you this at the beginning, a lot of people in the ClickFunnels world, like Russell. I was talking to Brad Gibb the other day. Shout out to Brad. He's awesome. He's like, "Russell has come and he's taken these handcuffs off of us, to where now we just can print money." It's ridiculous. It's kind of a cheat code. When we talk about it to all of our friends, we go around and we're like, "Yeah, we just kind of make money on the Internet." They're like, "How do you do that?" We're like, "We don't know. We just do what Russell says and it just works." Russell: It's a magic trick! Josh: It just shows up. It's amazing. We've kind of unshackled the making of money, if we follow what it is, but keeping money. But our thoughts around money, our beliefs around money, how we perceive and value money, how we think money is going to change us. All of these different other things around money, those things are now new problems that a lot of us are running into, or have not yet applied the things that you've told us to do because of those beliefs. I think both of those are true. I've seen so many people ... I made not a ton, ton of money, but certainly 10 times more money than I'd ever made in my life when I first got started, and blew it all because of my poor, very unhealthy, almost toxic relationship with money. Take us back, what are the money shifts or the beliefs around money, specifically in mindset, that you had to go through. I'm just going to kind of leave that open ended and see where you take it. Russell: The first thing I think that would be useful for everyone is for everyone to actually, honestly sit down and look at their relationship with money and understand it ... It's funny because if you would ask Russell 15 years ago Russell if this was actually a real thing, I'd be like, "No, this is stupid. Just make money. It's easy." But I had a friend who I worked with, man, probably 12, 13 years ago on a project and he was someone who is super charismatic, super dynamic, super talented person. When he was younger, he used his talents and his gifts and he made a whole bunch of money really, really fast. Crazy, crazy money. Money that doesn't make any sense. When he got that money, he started doing stupid things with it. He got into drugs and alcohol and all the problems that are associated with when you make too much money too fast as a kid, and almost destroyed his life. He almost died. He almost lost his family and his marriage. All these things happened. He lost all the money, which was probably a blessing. And then he refixed his life. And then he got back to the spot where he's like, "I want to make money again." I watched him for probably 10 years of his life, where he would do all the right things, he would get close to making a bunch of money and then he would literally subconsciously destroy everything he had built, and it kept happening. At first I was so confused by it. I'm like, "You were so close. How do you keep messing this up? I don't understand it." Then he told me a story. He didn't know this subconsciously but we had a conversation one night where he told me a story. I was like, "Oh, my gosh. Subconsciously, you are linking the destruction of your family, your health and all these things to making money, because that's what happened the very first time. Now every time you get close to it, your whole subconscious mind is like, no, and starts making you do stupid things to destroy yourself from actually having success." I've seen ... Now, it's been a decade of me watching this. And as much as I love this person, I keep seeing him. He's so talented, so many gifts, and keeps not having any success because of this thing that happened in his youth. His is an extreme example, but this is happening to all of us. You think about when you were growing up, what are the things that your parents said about money? What are the things that you heard at church about money? What are the things you heard in different spots? There are so many things that have been ingrained in our head that we don't even know consciously. And also, we start having success in whatever. We start making money or we start getting close to making money, and all these warning signals are popping off in your head, like, don't get money because of this because you'll become a bad person and you're going to fall away from God. You're going to be doing this. You're going to be the bad person. You look at TV. Myron Golden is the first one that ever pointed this out to me. You look at every movie, every superhero movie, for the most part, the bad guy is the rich billionaire who is this horrible person. This is ingrained in our heads that money is going to make us evil. Those things are real, and even if you don't think that they're affecting you, they probably are. Josh: And then you don't consciously believe it. Subconsciously they control you. Russell: Yeah, it's affecting you. I've seen this in my own journey. When I first started making money, I thought everyone was going to be excited. I was like, "This is so cool." I was so excited to teach everybody else. I started making money. I start teaching people and try to show my friends and my family and what happened. The response I got was not what I thought it was going to be. It was not like, "This is amazing-" Josh: At all. Russell: "Let's try it." Instead it was weird, especially for my wife. My wife struggled with it even more so than me because I've had success in parts of my life in the past where ... In wrestling, I was a state champ, I was an all-American. I hit these different things, but there was this weird side of success you aren't expecting where the people around you who you think are going to be celebrating with you, they don't. In fact, I remember my mom when I bought my dream house ... My house is ... You've been to my house. Josh: Your house is insane. It's so awesome. Russell: It's like the coolest thing in the world. When I was growing up, I wanted an insane house. I remember I was finally at a spot where I could buy this house. In the reality, I didn't pay it off immediately. I could've just paid cash for it. I didn't. But within two years I think I paid it off, which was a big deal for me. But I remember when I was buying my house, I remember a comment my mom said. She was like, "You don't want to buy a house like this because then you're going to be one of those rich people up on the hill." I was like, "What does that mean, mom?" She was like, "They're the ones that are always looking down at everybody else." I'm like, "What?" All of a sudden I was scared to tell my mom about my success because my mom viewed the rich people as this thing over here. And then other people. It was this weird thing where all of a sudden it makes you want to shrink down, it makes you want to hide because you're like, "I don't want people judging me because of this thing." For all of you guys, for all of us, there's these things that may happen, where comments are made, when people we love and respect were to all of a sudden to ... The side of success that you think is going to happen doesn't. Especially in money. I think money is a big one because it's such a thing. Josh: Yeah. I also think that because of the stories that we're told by everybody else, like you're saying, subconsciously it's ingrained in our society, what money is and how it works, nobody understands it. Taylor Welch ... You know Taylor, right? Taylor Welch? Russell: Yep. Josh: He's the one ... He and I have become ... I don't want to say good friends, but certainly friends over the past little bit. He was actually the very first person I ever interviewed on my podcast. Russell: Very cool. Josh: He got me into money. He was like, "Study money. Because once you understand how it works, it'll completely change your perspective of it." I always joke around with my mom. I'm like, "Money's not real. It's all fake." In America specifically, the U.S. dollar is not real. It's all fake and it's all made up. She always pushes back. She's like, "It's not fake because I can guy groceries with it." I'm like, "That right there, that shows that I have a different relationship ..." And side note, I freaking love my mom. My mom and I have an amazing relationship. But my mom and I have a completely different fundamental relationship with money. That was a very interesting learning lesson for me. When you change your relationship with money, when you change how it works, when you understand it differently and when you change your relationship with it, it also becomes not hard to get or keep, because now you're not needy of it. Your relationship changes with it. I always think about ... Take it back to dating. I'm not even going to say the book because I don't want people to go ... It's not a great book, but I was reading a clip out of this book one time and the guy in it goes, "Money and ..." Let's say, relationship. Money and girls are kind of the same thing. Those are not the words he used, but money and girls are the same way. If you're desperate and needy of it, you'll never have it. But if you don't care, it'll come abundantly. That was a very interesting shift for me as well. Anyway, I didn't mean to interrupt you but that was very interesting. Russell: It's key. As I studied Tony Robbins, the biggest thing I learned ... One of the biggest things. I shouldn't say the biggest, but is just becoming aware of things. I think the first step for of any us is being aware of how this is actually affecting you. For a lot of us, at whatever level you're at, the reason you're not at the next level is because there's some belief around it that's keeping you from there. It's interesting, I remember when I had the goal, when I hit a million dollars in a year, I didn't hit it three years in a row. Every year I was within $50,000. Like, $75,000. How am I not hitting this? It was like, I had these weird beliefs around that thing. As soon as I broke it, I was like, this is easy. Going from million to 10 million was next. Getting to two, three, five, eight million was easy, but then 10 million was this gap where I was stuck. It's beliefs. What's easy? What's hard? A couple things ... Again, this is one of those topics. I've never taught this before so I don't have the, here's the Russell three step framework. Things have happened in my life that I became aware of this for myself. One of them was, I had a coach ... I've had her a couple times throughout my life. She's awesome. One of my favorite coaches of all time. Her name is Tara Williams. Tara ... It was interesting because I always thought ... Again, especially people who are religious, there's always this belief of is money going to make me evil? You hear these things on the side. I definitely had this subconscious fear around that. If I get too much money, I'm going to forget God. I'm going to forget my family. All these things couple happen. Because they do. They happen to so many people. We see it. I had that fear behind it. I remember, especially when I bought my house, I was like, I bought this house and it's crazy. Anyway, Tara was at our house, actually, doing a coaching session with my wife and I. It was an interesting thing. But she said a couple things in that meeting that had a big impact on me. One of the things was ... She asked my wife this specifically. "Do you think this is bad that he bought this house?" My wife is like, "Yeah." She has so much guilt associated with it, because she's like ... It was interesting because Tara brought back, "Because you guys have money, talk about things you've done. Last year you gave a million dollars to OUR. Last year you did this. Last year you did this. How many people have you helped? How many entrepreneurs have you empowered? How many jobs have you created?" We started going through this whole thing, and it was like, all these things you're doing has been creating wealth for you. You have this wealth. You can just give it away and you guys do give a lot away, but is it bad for you now to enjoy some of it, to buy a house? Still she was like, "I don't know. Is it bad or not?" She's like, "Now you have this house, what have you guys done with this house?" I was like, "We have our kids here and we have our family here. We bring people here. We're able to serve people at a different level because we have these things." All of a sudden it was like, oh, my gosh, this isn't a bad thing. I remember hearing Richard Branson, somebody asked him ... Who was it? It was another one of those moments for me that opened my mind. But someone asked Branson, "Do you feel guilty that you're not down at the soup kitchen helping feed these people?" Branson's response was so powerful. He said, "The people of the soup kitchen who are feeding people, that's amazing. We're so grateful for them. They're giving their time and their effort. It's powerful. I'm not going to go to the soup kitchen and feed people soup, but I can give the soup kitchen $50,000, and that's going to feed 10,000 people. It's different service but it's still service, and this is able to help even more people." I started thinking about that. Man, these tools that we create, like wealth and the things that we have can be so much more impactful if we use it correctly. It's not a bad thing. It's just understanding these are tools that we have. Anyway ... Josh: It's interesting you say that and phrase it that way because that was one of the things, actually, Brad Gibb, he's a very good friend of mine as well, and we talk a lot. And he's taught me probably more about money as far as investing how it works and how to use it and things like that, probably more than anybody else. Very, very smart. One of the things that he said is money is not all the same. He's like, "You can have a million dollars over here and a million dollars over here and one of them be used for good and to multiply and to be productive, and one of them be used just to indulge and be gluttonous and to be greedy. Is money good or bad? It's not good, it's not bad. It is. It is a tool for exchange. How you go and use it will determine whether or not it's good or bad for you in your own life." When he put it that way, I was like, if I have my money and I'm investing and I'm multiplying it and it's creating freedom and then I'm using that to be able to go out and give back, all of a sudden money is now good. It makes me be able to do my job better. But if I'm just going and I make a million dollars and I go to Vegas and I put 100 grand on black, cool. Maybe once in your lifetime. But that is not a good thing anymore. Now it's taking away from your gift. It can either be an amplifier or it can be something that takes away. That was a really, really big shift for me. It was like, how am I using it? Russell: It's powerful. Again, it just comes down to there's so many subconscious things that are weird about it. Next thing I want to talk about for entrepreneurs too ... And this is a trap with money that I got caught into for almost 15 years. When I stared my business, I remember I started making some money. I figured out what my wife and I needed to live. I think at the time it was $8,000 a month that was giving us the most amazing lifestyle ever. We set it up where our paycheck was eight grand a month and that's what was coming from the company. And everything else in the company I kept reinvesting back into the company. For a while that's important. That's where we're going to grow, where we're going to expand it. I look at my business for the next decade at least, maybe longer, I never pulled anything else out. It only kept getting reinvested, reinvested. And eventually ... Some of you guys heard my story. 10, 12 years ago we had this big crash where everything got shut down and we lost everything. And the thing that sucked is when it all was said and done, I had nothing. We never pulled money out. We never invested. We never did anything. It was all being reinvested back into the business. I got my guarantee, we had our certainty, eight grand a month coming in consistently every single time, but then nothing happened. I remember when we launched after that happened and everything crashed and we were rebuilding back up, during that time we had no money so everything is being reinvested back into the business because we had no business at that point. We started figuring this out. That's where I met Todd. We launched Click Funnels. When we launched Click Funnels, I instantly went back to my same pattern. Like, cool, all the money goes back into Click Funnels. That's how we're going to do this thing. Todd was like, "Dude, just so you understand, I did not build this thing to just have a good paycheck and let this thing keep growing. This is not worth it for me unless we pull money out." I remember I was like ... I had so much fear and I was like, "No. We can't do this." This is one of Todd and I's first and probably only real things where he was just like, "It's not worth it to me unless this is producing money that's being put over here for my family, for my church, for my faith, all the things I want to be doing." Again, we fought back and forth for a couple of months. The very first time we had some profit. I was like, "What do I do with this profit? Put it back in the business." Todd was like, "No, we need to pull it out of the business," and we fought back and forth. Finally, we figured out a way to make us both happy where we figured ... At the time, we need three months of money in reserve. Worst case scenario, that's there. But then after that's over, all of the money, 100% of the money needs to be pulled out and given to the owners. Otherwise we're going to be like you were, Russell, 15 years in and you've got nothing to show for it. All the stress, all the effort, all the energy, and nothing to show for it. That's how we set things up. I remember it was so scary for me. In fact, when we started pulling out and distributing out the profits every single month, I kept mine in there for two years. I didn't touch a penny of it because I'm like ... It's in my separate account. It's over there. What was crazy, though, is that all of a sudden this thing that I was doing started actually producing wealth for me, which took the stress down. I started seeing this thing happening, and all of a sudden it started giving me options where I had no options ahead of time. I think for a lot of entrepreneurs it's like, we have this thing ... It's funny because I see even big people like Gary Vee talk about this, like, "I don't care about money. I dump all my money back in. I'm just building this brand." I'm like, I thought that was the thing for a while too, but it's not. If the business is not producing wealth for the owners, what's the point of it? Eventually you got a job and that's it. It needs to be doing something or else it's not serving you, and therefore, it's not a gift. Josh: Was that the thing, though, helping you overcome that? Was it just doing it? Is that what helped you overcome it? Russell: Yeah, Todd forced me. If it wasn't for Todd, I would still be pulling out eight grand a month and that would be where I would be living. 100%. Todd forced me to do it and it stressed me out. I was so scared. For two years I didn't touch the money and all of a sudden it was like, oh, my gosh, there's this money here. Now I have the ability to ... This thing I had created, this value I was trying to put into the world was paying us back, and now we could ... Now we had all sorts of options. Especially when you're really pushing and you're working hard and you're grinding on something, if aren't seeing some tangible value back from it, it's not serving you. It's just taking from you. Again, this was my personal money, one of my personal issues I struggled with. This may or may not be that, but I would say for all of you guys, looking at this as you are creating a business and creating wealth, you need to be pulling things out. What you do with it is up to you. Like you talked about, use it for good, evil. You can give it to charity. You can do whatever. But if the business is just paying for itself, the business will continue to eat up all your money. It will. You leave money it, it's going to continue to eat it up and it'll disappear as fast as it can possibly happen. But if you start pulling it out and it's over here and it's different, man, it becomes more efficient. It becomes more effective. Everything becomes better because of that. Josh: It's funny, because my thing ... I had that same struggle except I wasn't even paying myself. I was literally just, what are my bills for the month, the bare minimum, and then that was it. And then I met my now wife and I started thinking about finances and she wanted stuff. I was like, but also the business. It was kind of like this thing. Katie came along and was like, "Josh ..." The very first ... She didn't give me a lot of tactical things. It was very mindset-focused. I remember one of the biggest tactical things that she gave me out of the very few that she did, she was like, "You need to pay yourself a paycheck, and that paycheck needs to not only be enough to cover all of your expenses, but it needs to in excess." When I started to put away multiple thousand dollars a month into savings or into being able to invest outside of the company, it changed my whole entire perspective. Weirdly enough, magically, the business made more money. It was like, made it every month. It was like, we're entrepreneurs. We figure out problems. Our brain programs for it. And then I started looking at it as myself as an expense. I was like, I'm a line item on the books. Just like I pay a contractor, that's me. All of a sudden, the business made enough money to cover that. But before that, it didn't. It was crazy. Russell: It's interesting because when you start seeing the results ... I've talked about this before. If you look at my Disc profile, there's the D-I-S-C, and then there's your values. My number one value is ROI. If I can't see the ROI of a situation, it makes it harder for me to do it. I was in business for a decade and a half and the ROI I was getting was good. I was like, "I'm helping people and having success, and it's fun to see the success stories." That was the ROI I was getting, and it was good. It kept me going. But man, I look at the last seven years of Click Funnel, it was like the pressure and the stress and all of the type of things. If it wasn't for the ROI, it took this pressure, but here's the ROI of it, I wouldn't have been able to do it. As soon as I started seeing the ROI and the ROI gets bigger and bigger and bigger, all of a sudden it's like, this becomes fun again and you get excited. How do I make the ROI ... For me, it's all about the ROI, the return on investment, any situation is the key. If you don't have the ROI, it gets hard. It's hard to be creative. It's hard to come up with the next idea, the next thing, and the stress and the pressure that comes. What's the return on investment for the effort you're putting into it? But if you see the ROI and you start amplifying it, then it becomes a more fun game. That's where you start growing from a million to a 10 to 100 and beyond because it's like, I see this game. I'm playing it. I'm getting the return on investment. But I never saw that before because the only return on investment I was getting was this one thing, and those things they feel good, but it's hard to keep score with the feel goods. You got to have a scoreboard to see, like, oh, my gosh, I'm winning. Can I win even more? What's it going to look like? And now it gives you options and opportunities… Josh: You mean you're telling me that all the stress and pressure isn't worth $8,000 a month? Russell: You know, I could get ... I was like ... Nowadays with all of the inflation, I can work at McDonald's for eight grand a month, I think. It's crazy. Josh: Man. Russell: But back then- Josh: That's crazy. Russell: That was the ... Anyway, it's crazy. Josh: You can buy Bitcoin and keep up with inflation. Bitcoin, the savior of money. One more. I kind of want to dive ... I wasn't going to make this a money episode, because that's kind of where it's been. When did you make the shift ... One of the big problems with entrepreneurs, talking maybe a little bit more established entrepreneur, is once they're making money ... I was talking with Brad about this and he was talking about in the inner circle. He was in there ... Or in Category Kings, right? The guy's like, "What's the main problem that you solve?" Brad was like, "So interesting. We thought we could answer that question." Then he asked us it and we try to do it, and it was like, dang, what is the main problem that we solve? What he said is one of the things that they came down to was entrepreneurs know that if they have money, it should be doing more. But they don't know what to do with it. This is something that you probably are an amplified example of this, because you're really, really good at making money. You don't even need to think about what your money should be doing because you can just go make more of it. Once again, that because you've unshackled us. It's like, "All right, want a new car? Go build a funnel. You want a palace? Go build a funnel. Want to take a vacation? Launch a funnel. Just do a funnel and you print money." For you, when did that shift happen for you when you actually started paying attention to, I can't just leave my money in an account right now? I can't just buy cars and houses because those don't make me ... You have houses, you've got the cars, you've got everything you've ever wanted and you still have money left over, so when did you make that shift of, my money needs to be doing more, and how did you solve that problem? Russell: Interesting. This is one that's been more recently solved for me, actually, which is fascinating. For a long I was just hoarding it. Just hoarding it, keeping it here. Then Brad and Ryan ... You have to invest it. I'm like, "I don't want to do that." They forced me to do ... I give them a bunch of money every year and they do whatever they do with it, and that's awesome. I'm like, "Okay, cool. Something is happening." But then the money kept adding up. I remember one day I was like, "I'm in a weird spot where I could buy almost anything I want. What do I want? I'm going to go and spend some money." I remember going to eBay and I was like, "I'm going to buy anything I want." I was searching for stuff, and I spent four hours on eBay when all of a sudden I spent three grand. I was like, "That's it. I got everything I wanted." I was like, "Oh, crap, now what do I do with it?" It was interesting, because for me, it was like ... Again, this is something ... It's been a recent development. I can't remember if it was this podcast or the one I talked about it, I was like, I didn't know what to do with this. Yeah, I could invest in real estate, but that wasn't inspiring to me. I have money in crypto, but that's not inspiring. What's the things that's going to inspire me to want to do more? Again, it's ROI for me. What's going to give me the ROI of now I got to create more money so I can do this thing? So I have a lot of things. Again, we give money to charity. All those things are good and they get me excited. But I was like, what would be the thing that, for me, would amplify? When we bought Dan Kennedy's company, it was the first time I felt it. I bought his thing. We reorganized it, cleaned it up, and I was like, "Oh, my gosh, I'm able to take these things that were so precious to me and I can bring them back to the world, and I can monetize them. I can actually make money off of this thing." I got really excited. I told you I started buying old books. I started investing in Napoleon Hill books and Charles Haanel and Orison Swett Marden and Samuel Smiles and all these people, the founding fathers of personal development and business and all these kinds of things. I've literally spent a small fortune ... I've spent a lot of money in the last couple months on these old, old books, because now it's like, I'm not investing in real estate that's over here. I'm investing in these things I don't care about. Now it's like I'm investing in something that I can take and that I can turn this into more money, and I can turn it into help. I can serve my entrepreneurs. I can do more things with it. For me, that's what's been stimulating for me. That was the investment of ... It was like, I can dump it back into things, but it was like something that's meaningful to me. For some people, crypto is meaningful. For some people it's NFT. Finding the thing that's not just like, I'm investing to invest, but what's the thing that you're passionate about it where it becomes more than just ... For me, that's what I'm geeking out on. You know this, next door I'm building a 20,000 square foot library to house all these books, to build an event center, to build all these kind of things because this is what I feel like my life's mission is. I'm curating all these ideas and I'm bringing them back to people in the simple new form to help these ideas and these concepts live on. For me, that's double fulfilling because it'll make me money, but it's also something that can serve the people I've been called to serve as well. Again, buying Kennedy's company, I'm serving these people, but I'm also making money, which gives me the ability to serve more people. It's kind of fun. Josh: What was the shift, though? For a while you didn't do that, right? Russell: For a while I just sat there. I didn't know what it was. Josh: Who or what got you to the point where you're like, "Okay, I've got to go figure this out"? Yes, this is what you ended up doing with it, but I think a lot of people, there's got to be that thing that's like, "This is when I realized I got to figure out ..." Or some people just let it sit their whole life, I guess. You know what I'm saying? Russell: I heard stories about ... I don't know how true ... But like Scottie Pippen or Mike Tyson, he made half a billion dollars and he's broke. I was like, I don't want to be that dude who made a half a billion dollars and is broke right now. I need to figure out ... I always joke with Brad and Ryan when we were writing their webinar page initially, I was like ... On 30 Rock, there's that scene where Liz Lemon is talking to Alec Baldwin and he's like, "I need that thing that rich people do where they turn money into more money." He's like, "Investing?" He's like, "Yeah. I want to do that." For me, it was like, I've got money here. I need to figure out how to turn money into more money, that's not just me doing the whole thing. How do we amplify what we're doing? How do we have that exponential growth? That was kind of the thing that got me into it. Again, initially it was doing the things that weren't exciting. I'd invested money in real estate and I hated that, so I had Brad and Ryan, I invested money with them. That was cool. It was passive. It wasn't passionate. I was trying to figure out what's the thing that I'm going to be passionate about, where now it becomes part of a game. Now I can see the ROI on this thing. I invested $40,000 this weekend on old books, how do I turn that into $400,000 or four million or 40 million? Can I do that? Now begins ... Now it's fun. Some people, real estate is that game. I got friends who own 100 houses, or 200 houses, and that's the game that they love. I look at Tai Lopez and he's buying these businesses. That's the game that he loves. What's the game you're going to love, the investing game you're going to love? There's a million ways to invest, but when you find one that you love, then it becomes ... Now it becomes a fun part of the game. I think it's understanding first off you need to do it, otherwise you're going to ... You mentioned this ... I can't remember if it was before we started recording, but people who have won Two Comma Club and they got nothing, or Two Comma Club X and they're broke. Entrepreneurs are good at generating money, but there's this other part that you got to learn how to invest it correctly. Otherwise, you're going to pull a Tyson or a Pippen and be broke in a couple of years from now. Yeah, I got 3 Two Comma Club awards on the wall, but I'm trying to figure out how to feed my family this weekend, and that's now where you want to be… Josh: That's so crazy that's a reality for people. It really, really is. I think that's one of the things that I am very, very thankful to have learned relatively early on, is ... Russell: They're two different skill sets. Making money- Josh: They are. Russell: And keeping money are not the same thing. Josh: Yeah. Russell: They are completely different skill sets. In fact, typically, the people who are good at making money are the worst at managing it. Josh: Keeping it. Russell: It's like yin and yang. Understanding that if you're good at making it, you find people around you, like Brad and Ryan, I was like, "Here's money. Do that thing you do because I don't want to mess it up." Josh: Yeah. Russell: In fact, it's funny, before I invested money with Brad and Ryan, I invested it in two different deals. I was like, "This is the greatest thing in the world." Both of them, literally both of them turned out to Ponzi schemes. I got to write off multiple of millions of dollars last year because I gave money to ideas that were so good that me as the entrepreneur was like, "This is genius. This is the greatest thing in the world." Ponzi scheme. I got sold on the thing. It's funny, one of my friends just sold his business for eight figures and he messages me. He was like, "All right. I want to ask your opinion. Where should I put this money?" I was like, "Dude, do not ask me. If I think it's a good idea, it's going to be a Ponzi scheme. Find someone who, that's their life, is that, like Brad and Ryan. Go give your money to them," or find something like I'm doing now with the books and stuff, where it's like now. This is something that fits into my skill set. I think it was ... What's the old dude who invests all the money? Warren Buffett, that said only invest in things you understand. It's like, I understand how to turn old information into money. I'm investing in information and intellectual property because I can turn that into more money, and so that becomes something I can invest in, because I understand the game. I don't understand- Josh: So interesting. Russell: This, but I do understand this, therefore, I will invest in the thing I understand because I can turn this into more money. Josh: That makes sense. Side note on Warren Buffett, you know 80% of his wealth or something like that came off of nine trades? Russell: Really? Josh: Nine investments that he made, it produced 80% of his wealth or something like that. Isn't that insane? Russell: That is fascinating. Josh: That's why when ... I read the quote from him, it was in the context of this quote. It was like, Warren Buffett is like, everyone thinks they have to make a bunch of good decisions. He was like, "I try to make three good decisions a year." I was like, "Oh, my gosh. What the heck?" And then I found out that 80% of his wealth came from ... It was eight or nine trades or something, or investments, and I was like, "All right. I guess that makes sense, then, if you only need to make ..." Anyway, last question, rapid fire question on money. Is there anything that you could do, if you could go back and change something about what you've done or your handling with money, is there anything that you would change, and if so, what's the biggest thing that would be? Russell: Good question. I think I would've started ... Number one, I would've started pulling money out of my business faster. Number two, I would've had a plan for what I would do with that money. I wish I would've said, "I'm going to pull out ... After three months of thing, pull out all the profit, I'm going to put 25% in real estate, 25% in crypto, 25% in something else, and just have that happening in the background, I'd be a much wealthier man today." It took me a long, long time before I did that. Todd forced me to start putting money into crypto, which was one of the greatest gifts ever for me. Brad and Ryan are now forcing me to put money over here. It's like taking that and putting it in spots where again, it's not going to be 100%. I'm going to fall for two Ponzi schemes a year probably, but if I can get one of them to win and three of them to fail, or whatever that is, that's the big thing. I always thought that I will start pulling money out when blah. When I hit Two Comma Club, when I hit a million. The problem is that win never comes. You got to structure from day number one. When money comes in, boom. Profits come out. This happens here. I pay myself first. From the money I pay myself, 10% is going to go for me to go do stupid things, 25% is going to go into real estate or Bitcoin or stocks or whatever. And dividing that stuff up so it's happening at a small level, because when that happens, I wasted a decade and a half before any kind of investments happening. Can you imagine if I had 15 years of the stuff I was doing, turning into something? I missed out on so much of that, that I wish I would've done. Josh: You just got to make sure that you have a small percentage there, which is dedicated to losing bets and Bitcoin to Josh. If you have that, then we're good. For the rest of your life, you're going to be losing bets, so that's how that's going to work. Guys, I hope you enjoyed this episode with money. I'll let you sign it off, but this was awesome. We get to hear Russell Brunson talk about money, which is something that, you make a ton of it, but you don't really talk about it, which is awesome. Thanks for sharing a little bit more. Russell: Thank you. I apologize I don't have a framework for this yet, but this gets me thinking, man, if I could figure out something for entrepreneurs, this is the next thing to do, so then I'll talk more about it as I figure things out. But it's fascinating. I remember I bought a Dan Kennedy course on wealth creation, and it was fascinating because I'd heard Dan talk about building businesses and all that sort of stuff, but it was the first time he ever talked about wealth. Again, same thing. Fascinating. I'm like, oh, my gosh. I never thought about that side of the coin because most entrepreneurs don't talk about it, or don't think about it. I think it's important for us to think and talk and do more with it because again, 15 years of never investing anything, man, it would've been nice. I'd be in a different spot right now than I am today, for sure. Thank you, Josh, for hanging out and talking about money. Hopefully you guys enjoyed this episode. If you did, let us know if you want more about money and wealth and these kind of things. Let us know and we'll go deeper on topics. Just take a screen shot of this on your phone, post it, and tag me and write your #1 question you want to hear, and maybe we'll talk about it on the next podcast. Thanks again. Thank you, Josh, and I will see you guys soon.

The Fantasy Cross-Over Podcast
Raptors now very short-handed! Best FT shooters in the game?

The Fantasy Cross-Over Podcast

Play Episode Listen Later Dec 22, 2021 19:56


Hi everyone, Danny goes Solo Dolo today giving an update on Health and Safety Protocols, he then covers his MUPs, top waiver adds/ drops, Category Kings for FT % so far and a quick update for the Fantasy Cross-Over League! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

The Fantasy Cross-Over Podcast
James Harden: Turnover King! Who he play for: featuring Garrison Matthews

The Fantasy Cross-Over Podcast

Play Episode Listen Later Dec 8, 2021 34:57


Hey everyone, Brian and Danny discuss the Category Kings for the worst category, turnovers. They also review their exceeding expectations players, cover top waiver adds and drops, their MUPs for the past few nights and give a quick Fantasy Crossover league update. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

Performance Marketer
Category King Of Lead Gen Arbitrage Explained (Part 1)

Performance Marketer

Play Episode Listen Later Nov 25, 2021 17:50


What if I told you that I could show you how to make money online without taking $1 out of your pocket, buying any media, or having to have any of your own offers?That's the lead gen arbitrage, and that's what I do!You might think, What does that even mean?! And don't worry about that.Two weeks ago, I was at the Category Kings meeting with some of the smartest and wealthiest entrepreneurs in the world, and they hadn't a clue what I do. First, I was surprised. But then I realized - if they know nothing about lead gen arbitrage, then I really have to simplify it for everyone. So, today I'm going to explain what arbitrage means, how it works, and how it works for me with leads.Tune in now to find out how a six-year-old can do arbitrage!Key Takeaways:I attended the Category King's Mastermind (00:00)Other entrepreneurs inspire (03:43)I'll try to become the category king of lead gen arbitrage (06:26)What does arbitrage mean? (09:45)How do you do arbitrage? (12:28)What does performance marketer mean? (13:16)Anyone can do arbitrage (14:13)Additional Resources:- Eric Beer's One Affiliate Offer Challenge: View Now- Sign up for the SurveyDetective VIP Waitlist (Coming Soon): Join Here---Connect with Eric!- Join Eric's Text Community: 917-636-1998- Eric's website: https://ericbeer.com- Follow Eric on Instagram: http://bit.ly/ericbeerinsta- Subscribe to Eric's YouTube Channel: https://bit.ly/2Uv1e8M---Follow the podcast on Apple, Spotify, Google, Stitcher, TuneIn, or anywhere else you listen to your podcasts.If you haven't already, please rate and review the podcast on Apple Podcasts!https://podcasts.apple.com/us/podcast/performance-marketer

The Fantasy Cross-Over Podcast
2021 NBA Fantasy Basketball Season - De'Aaron Fox out of Sacremento! November Award Recap!

The Fantasy Cross-Over Podcast

Play Episode Listen Later Nov 24, 2021 52:26


Hey Everyone, Brian and Danny discuss if De'Aaron Fox should want out of Sacramento, they touch base on who should win each award, then dive straight into their MUPs and top waiver adds/ drops. There are several lightning round questions discussed including if Washington is the real deal this year, then a recap of this Day in the NBA with his Airness and reviewing Category Kings for steals! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

The Fantasy Cross-Over Podcast
2021 NBA Fantasy Basketball Season - Ricky Rubio is a must roster player at this point! Derrick White has had an underwhelming start to the season! Also, is CP3 going to lead the league in assists?

The Fantasy Cross-Over Podcast

Play Episode Listen Later Nov 10, 2021 34:07


Hi guys! Danny and Brian review their MUPs for the previous two days! Also Danny reviews the top waiver adds and drops, and we review the Category Kings for the Assists category, players that are exceeding expectations for where they were drafted, and a quick overview of how the Fantasy Crossover League is at so far. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

The Fantasy Cross-Over Podcast
2021 NBA Fantasy Basketball Season - Carmelo Anthony drinking from The Fountain of Youth? Is Andre Drummond the best bench player this year?

The Fantasy Cross-Over Podcast

Play Episode Listen Later Nov 4, 2021 30:46


Hi guys! Brian and Danny review their MUPs for the previous three games! They also review the top waiver adds and drops, and drop two new segments with their Category Kings and Exceeding Expectations. Also, stay tuned until the end of the episode to hear how the Fantasy Cross-Over League is doing so far! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/fantasycrossoverpodcast/support

The Marketing Secrets Show
Secret Dan Kennedy Fax Reveals A Nugget Of Gold

The Marketing Secrets Show

Play Episode Listen Later Nov 3, 2021 12:00


Reasons for entry vs reasons to stay. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- What's up everybody, this is Russell Brunson. Welcome back to the Marketing Secrets podcast. Today I want to share with you guys a little... It's 20 words, maybe 30 words, inside of a secret fax I got from Dan Kennedy. While he has only recently acquired his company and so I've been going through the archives, and there's this fax he sent to the old owners and I'm not allowed to share the whole thing because literally on the front page it says... Let me see what says, it says, "Confidential. Prepared for internal use only." Anyway. But there's this one little paragraph that is so cool and probably going to change some of your guys' lives forever. I don't want you to miss it. We're going to keep things on, come back, I'm going to tell you what it is. I'm going to explain it. And hopefully this is a little marketing secret you guys can use. Okay. Inside of this fax, so this is actually a fax. Bill Glazer, who's my first mentor in this world. Anyway, so Bill Glazer owned Magnetic Marketing. When I was with Bill, on my sixth year of his mastermind group is when he sold it to this PE firm. The PE firm destroyed the company, ran it to the ground and then Adam Witty bought it from them. Adam Witty got this fax from Dan. It was basically, "This is what is wrong with the business. This is how they killed it. Here's how to fix it. Here's what it was supposed to be. Here's the..." It's almost Dan's business plan for business, which is really cool. And so then Adam ran it for three years and then we bought it from Adam. I think there's so much like gold in here. I wish I could do a whole event just on, "Oh, here's a fax that Dan sent showing how to fix his own business from the PE firms who ran it into the ground." Oh, there's so many cool things. But okay, I can't give you it all because I'll get in trouble, but there's a nugget. I'm going to go on a limb for you guys because this nugget is so cool. And I want you just to understand it and to be able to use it. And it's interesting because I saw it last week at our over Inner Circle meetings and I saw the practical application of this again. Okay, you guys ready for this? Get out a pad of paper and a pencil if you want to go deep. In this section he titles the sections, "Reasons for entry versus reasons to stay." And then underneath that it says, "The acquisition versus attachment." We're talking about reasons for entries, how do you get people into your company, into your community, into your world, so that's acquisition. Versus reasons to stay, and that's attachment. So how do you get somebody into your community and then what gets them to actually stay in your community? Those are two different things. And then the next sentence says, "Not the same, not even close." Because a lot of times people think, "Oh yeah, you acquire a customer. They stay because they want to and keep buying your stuff." It's like, no, no, no, no. Acquisition and attachment are two different things. Then what Dan said here is the last sentence I'm going to read to you from the fax. He said, "What brings them in the door initially is almost never what keeps them inside over time." Let me say it one more time. "What brings them in the door initially is almost never what keeps them inside over time." And so for example, most of you guys who are listening to this, you came in based on some front end something, some kind of acquisition. It could have been a lot of things. It might have been one of my free books. It could have been, you heard me on someone's podcast. It could have been, you saw me in an event or you saw a YouTube video. Or there's something that got you and peaked your interest and it acquired you, got you into my world. Acquired you as a customer. Now, if you look... In fact, so the very first time I got this is when we first launched my Inner Circle, as my high ticket at the time was 25 grand that we signed up, I don't know, a dozen or so people. And it was interesting because people came to me, they joined the Inner Circle because they wanted to get closer to me. They all told me like, "Yeah, I joined because I wanted to learn from you." But then it was interesting because I watched these people and they stayed year, after year, after year. In fact, we renamed our Inner Circle, we call it Inner Circle For Life because it's like, we want people to come in to stay there for life. They're not allowed to leave after they come in. They can obviously, but that's concepts of Inner Circle For Life. And so they come in, they stay year, after year, after year. And what's interesting is I noticed that, again, they came because they want to get to know me, but then they stayed for something different. They stayed for the community. They stayed for the other people. They stayed for the group, they stayed for the... They didn't stay for me. If it was just Russell and it was me coming and speaking at them once a year, twice a year for the meetings, they wouldn't have stayed long-term. They stayed because of the community. And so what brings them in the door initially is almost never what keeps them inside over time. And it was interesting because we relaunched the Inner Circle, I talked about this in the last couple of podcast episodes. But what was interesting is initially, especially in the... We had two levels now, the Category Kings. And most of the Category Kings, all but two I think, or maybe three, had been in my Inner Circle before. And so they knew what was happening. But for the Inner Circle For Life program, there was almost 100 people who were brand new. Again, there are some people that had been there before, but for the most part they're all new people. And they came, they joined because they wanted to be in Russell Brunson's Inner Circle. They came because they wanted to get to know me. They came because they wanted learn funnels from Russell. So they came in, but then we facilitated this group and the whole goal of me facilitating the group was not for Russell to be on stage talking, the goal was to get them in this room. It's the room where it happens, the room where the magic happens. The room where these conversations are happening at a higher level. And I told them, initially I was like, "If you guys come here to learn from me, you can learn from me. Go read my books, all the stuff's in there. You don't need to pay me this amount of money to learn from me." I'm like, "Well, the power in this room is not me. It's like I said, I'm going to stand on stage and my goal is to stimulate conversation, and then to send it back to you guys in these rooms to have these conversations amongst each other." That's the whole thing. Even though that we acquire them, the reason for entry, what brought them in the door initially was because they wanted to be in Russell's Inner Circle and be around Russell. But the reasons they stay is to create attachment, and it's what keeps them inside over time is the relationships, the people, the community. And it's just fascinating. If you look at that from... Zooming out, you start looking at that, it's like, "Oh my gosh, this is the power." So many times we think that all the weight is on our own shoulders to run these businesses long-term, especially information businesses, but they're not. It's the community. And so if you're not building a community, if you're not doing things correctly, then that becomes the problem. Then it's always on you, always on you. It's just this hard thing. Why do people keep coming to Funnel Hacking Live? The first time they come to Funnel Hacking Live because they want to learn what's the funnel. If you look at the copy on the page, usually the headline I replicate from theme to theme to theme, is always something tied to, "You want to funnel away, but you don't know which funnel it's going to be. Come to Funnel Hacking Live, I want to show you which funnel that is." That's the acquisition, it gets people and it's like, "I keep hearing Russell talk about funnels. I just don't know which funnel's for me." So they come for that feel, what funnel it is when they come in the room and they have a feeling. They get to know other people, they become part of a community. They feel the energy. All those intangibles is why they come back. Why people come year, after year, after year. It's why most every other events happening in my industry is getting smaller and smaller and smaller every year, and ours gets bigger and bigger and bigger. Because we acquire people. We bring them in the door initially with the thing that they want. And then we create attachment inside the community with the thing that's going to keep them over time. Coming here hearing Russell talk about the next new funnel is not going to keep them over time, that's boring. Eventually they're going to leave. But if you build the reasons for them to stay strong enough, they'll stay and they'll keep coming over and over and over again. The first time I ever saw this in action was interesting. The very first time I went to Dan Kennedy's seminar, and I had been studying him, been learning about him. And for me it was like going to see the guru on the mountain. I was so excited to go and journey that direction and to meet him and to see him and all that kind of stuff. And I remember the time I saw him, he had just gotten in a... Dan, if you know anything about him, he has horses and he races horses and stuff, and he got injured or something. I remember they told us, he's like... At first they thought he wasn't going to come. And he did come, but he's in a wheelchair. And I remember when he came out, they wheeled him out and it was just silence in the room. And no one said a word. And everyone stood up and he came in and I was just like, "This is the coolest thing in the world." And I remember that feeling of him getting wheeled in here and everyone standing and like, the guru has showed up. I was so excited and that's why I came. And then I remember what he said that was interesting is, he asked the audience, he's like, "Who here has been following me for more than a year?" Everyone's hand goes up. "And more than five years? More than 10? More than 15? More than 20? More than 25? More than 30, more than 30?" And he went all the way back 30 or 40 years, I can't remember what it was. And there were still two dozen people standing with their hands raised of this entire room, who've been following him for 30 or 40 years. And I remember he said, he kind laughed and he's like, "You guys, I haven't had anything new to say since the seventies," or something like that. And he's like, "So why do you keep coming back?" And that's when he started talking about the reasons why they stay. The attractive character, the stories, the people, the community. These are the reasons why people stay. And so if you're just building a company on acquisition where you're bringing people in, the problem with that is you have this company that burns and churns where you're always... And I had, my very first supplement company was a burn and churn. People would come in, we had a really good funnel based on media. We'd spend $120 and make 180 back, and it was a good business. We were able to crank things through. But the supplement didn't get people to stick. They didn't keep coming back and reordering and building all these kind of things, they didn't stay. And so it was always this burn and churn business, and we turned off ads, the business stopped. And that was the issue and the problem behind it. And so that's true for a lot of people's businesses. If you're in a transactional business, all you're doing is acquisition. And if you're in acquisition, profitably you're okay. But if you want to scale your company and grow it, where each person goes from being worth, whatever, 180 bucks to four or 5,000, it's this mindset shift to, "Hey, we acquire them one way and then we create attachment, a reason for them to stay. Something that keeps them inside over time, a different way." And so hopefully this gets the thoughts in your head spinning, especially if you've got a retention problem, especially if you're losing people. Especially if you know customers by once from you and you never hear them again. This is the reason, you're good at the entry but you're not good at the reasons for them to stay. And so you, together as your team or whoever's you're working with, think through that. Ask some questions, "Why do people stay with us? What's the reasons? Have we built a culture?" If you need to go deeper on that, go back to Expert Secrets. I have three or four chapters talking about building mass movements and what gets people to stay over time, like identity and all the things. Anyway, there's a bunch of stuff that you can learn from there. But there you go, you guys. So Dan Kennedy, he's brilliant. There's a fax. I think that's, what, 30 words I gave you, but hopefully it's a needle mover. All right, that's it. You guys, appreciate you. Thanks for listening. Don't forget, the reason for entry is different than the reason they stay. And then as Dan said, "They're not the same, they're not even close." Hope it helps you guys. Thanks so much for everything, and I will talk to you soon.

The Marketing Secrets Show
Inner Circle For Life

The Marketing Secrets Show

Play Episode Listen Later Nov 1, 2021 9:43


What I'm doing day #1 to help launch or relaunch each of their businesses. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- What's up everybody. This is Russell Brunson. Welcome back to the Marketing Secrets podcast. I have just finished day number three of the Category King's Mastermind, and now I'm driving to day number one of the Inner Circle. And I just want to drop some thoughts on you of what's been happening the last couple days, my insights about some of the stuff I'll be sharing today, and a whole bunch of other cool stuff. We'll be right back. All right. So, the last three days have been insane. I think I told you guys in the last episode, we launched a new Mastermind level called the Category Kings. It's $150,000 to join, and we got 15 people to sign up in a day and a half or something, which surprised me, but it was amazing. In fact, okay, hold on for all you guys, it's been really interesting, three or four people who are in that group right now, right, "First thing Russell told us when we joined the mastermind group was to email our lists and sell a mastermind group" and one person's like "I did it and sold 20 people and made my money back the first night at Inner Circle, the very first time." And then somebody else like, "Same thing, same thing," like three or four people. So, there's one piece of advice. If you're like, "I need to make more money," and you've gotten a list, send them an email and back, Yo, I'm launching a mastermind you want in?" And I think for most of you guys, you'll be surprised what happens. So, anyway, throwing that out there is a quick win that I think all of you guys could do. It's actually really interesting. Today I'm going to be talking to the group about improvement offers versus new opportunities. If you've read the Expert Secrets book, I geeked out on there for five chapters about it, but new opportunities are what you want to sell because it attracts people who have desire and t's really good. You don't want to sell improvement offers, typically, because improvement offers only attract people who have ambition, right? People who want to improve and the people who, the bucket of people who want to improve is very, very small. Now for you guys who are entrepreneurs, who are listening to this podcast, interesting enough, you're probably one of the few people who, the small percentage of the world who actually does want to improve. And in everyone's list, there's, the majority is people who have desires and there's a small group of people who want improvement. And typically those are the people at the very, very, very, very, very, very back of your value ladder, right? It's your highest ticket people. It's the people who have ambition, right? Those are the people and they're few and far between, but they're there. And so, what's interesting, if you look at, we announced this to our list and most people were probably like, "$150,000 for a meeting? No!" But the ambitious people were like, "Yes, I want to improve." Boom. And they didn't think about it. It wasn't a hard sell. It was an easy thing. And my guess is that, on most people's lists, there's a small certain people who are looking for improvement and a high end mastermind or thing like that, is what fulfills an improvement offer, right? It's, they're going to become better smarter. Anytime you have an ER, it's an improvement offer, which is horrible for a friend and offer, but it works for high ticket. So anyway, another thing to think out there. Anyway. So I was going to talk about today, which is really fun. So I'm in a really interesting phase of the business right now where, as you guys know, we're about to launch ClickFunnels 2.0, we just bought Magnetic Marketing. So we're about to relaunch Dan Kennedy's company. We also bought Brad Callen's company, which was called Bryxen. We've renamed it Voomly because that's the core kind of product and the product line. And it's interesting because, I'm in this phase right now, where I am either launching or relaunching my core business and two other businesses. And so this mastermind has been fun for me because I'm rethinking through everything, rethinking through the problem we solve, rethinking through what our new opportunity is. Our new opportunity, by the way, has shifted over the years. And it's like, what's the new opportunity today? And then what is the… and that's in ClickFunnels, but what's the new opportunity in Magnetic Marketing? What's new opportunity in Voomly? So as I'm teaching the stuff, it's fun for me because I'm literally in the middle of redoing these things for all the businesses I have. And so it's given me this really unique, fun experience where I'm teaching the process I'm going through in my head. And so today, for the mastermind, I have my list of 13 things that I'm currently doing and thinking through and trying to figure out for these businesses, that I'm sharing with them, as I'm going down the same rabbit hole that, they are right, because they're coming to me. To be in this group you have to have at least one or two call my club, and so they've all got a good business, but it's like, okay, I've got this business. How do I scale it? Well, usually scaling is about reinvention, right? What got you here is not going to get you you there. And it's true. The skill sets, the ideas, the thoughts that get you from zero to a million dollars are one thing. But the thoughts from a million to 10 and 10 to a 100 and a 100 to a billion are different. And so I'm going to be sharing some of my thoughts, as I'm trying to go from, whatever, 200 something a year to a billion and how do we do it? What are we thinking through? And it's ah, anyways, interesting and it's fascinating and exciting. And so, I want you guys who are listening today to look at it through this lens, right? Pretend you're consulting yourself. I thought that as I was preparing my presentation today. I was like, okay, if I was consulting myself, I've got these group people, I'm consulting them, but I'm them, right? I'm them, just maybe in a different step or different part of the journey, but how would I consult myself? What would I do? What would I say? And I started going through these things. And especially if you've read my books before, you have the playbooks of what I do and what I teach, it doesn't shift, right? It's like, "Oh there's this idea I forgot about. There's a new secret book. The fourth secret, you know, like the foundation and the foundation, the fundamentals are the same, the principles are the same, but for us it's re-going back and re-looking at them and not forgetting them. In fact, it was interesting. I was telling the story yesterday to the Category Kings that Funnel Hacking Live Orlando. So that's 2018, I believe, was the first time we launched the Two Comma Club X coaching program and it killed it. First time I ever had an eight figure day and it was insane. Right? The next year we launched Funnel Hacking Live again. Boom, same thing, eight figure day. And I was like, this is amazing! And then I did, what all smart entrepreneurs do, is the next year, I was like, "Hey, we have something that's perfect that's worked flawlessly two years in a row. Let's change everything." And so I literally changed the name of the program, the fulfillment, like how we delivered, like all the things because I thought, I had a better way to do it. There was this ER there, which means I unknowingly, unconsciously shifted it from a new opportunity to an improvement offer. And last year's Funnel Hacking Live 2020, the offer bombed we we sold like, I mean, it was good compared to what most people would think. It wasn't like we blinked, but you know, from going from two years in a row, where we do over eight figures in a day to the next year, only doing a couple a million and you've tied your cost to the event, all the stuff into this, it was a big bomb. It was a big failure for us. And while I was on stage doing the presentation, I could feel, I was like, oh no, this is an improvement offer. I forgot my own core foundational teachings, Expert Secrets 101. Ah, I've messed it up and I forgot it. even though I know this stuff, I teach this stuff, I've written about it. So it's coming back the fundamentals like, Russell! And so we, this last year, restructured it and went back to what worked before, put it back into new opportunity, launched it and boom, eight figure day. And so just, yeah, these are the things to think through, is how would you consult yourself? What would you step back? What would you do? And so I'm excited to deliver this presentation today, but hopefully gives you guys who aren't here just some ideas and some things to start looking through and how to consult yourself. Like Hormozi, a lot of you guys know Alex who joined the inner circle with the goal of making 20 grand a month and then ended up doing over a hundred million dollars in three years, which is amazing. One thing he told me, he's like, "Most people read a lot of books". He's like, "I read one book a lot of times." And for him, he said it was Expert Secrets. He read it and when it got to the end, he flipped it over, started over and read it again. When he got the end, he flipped over and started again. And it's the fundamentals, right? It's Vince Lombardi coming to his football team that are the best in the world. And first day of practice is starting saying, "Gentlemen, this is the football." And that's where these things begin. So anyway, I am almost to the event. In fact, I see a bunch of Inner Circle people walking. I'm going to wave out the window at them, "What's up guys?" Anyway, the Inner Circle who walked by, they just freaked out. Ah, so exciting! All right. I got to go because I'm about to park and get over to the meeting. I appreciate you guys. Hope you're doing well. And someday I hope you can be in the Inner Circle with me so we can hang out and talk about these things together. Until, then keep listening to the podcasts but keep dropping bread crumbs and ideas and thoughts and hints and things to help get you further along on your journey. Thanks so much for listening. We'll talk to you soon, bye everybody.

The Marketing Secrets Show
A Sneak Peek from Within the Category King's Mastermind

The Marketing Secrets Show

Play Episode Listen Later Oct 27, 2021 19:49


One of my biggest "ah-ha's" and "takeaways" from day 1 of our highest level mastermind. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- What's up everybody, this is Russell Brunson. Welcome back to the Marketing Seekers podcast. I'm in a good mood today. I'm in a really good mood today. I hope you are as well. We relaunched my Inner Circle. We opened a new level called the Category Kings. We had a chance to meet with him yesterday, and actually I'm driving to downtown Boise, because I'm going to be hanging out with that group again for the next two days and then my Inner Circle for the next two days after that. And so this is like a week of hanging out with my favorite people in the world, and so I'm excited. I've got some long car rides back and forth this week, so you'll probably get some episodes of me talking about what we're talking about, what's happening. And I'm doing this for a couple reasons, number one is I want you to learn from some lessons and the key takeaways that I'm getting from these events. And number two, hopefully it will inspire you to want to set as a goal someday to be in my Inner Circle, and eventually to send up with the Category Kings and things like that. So there you go with that said I'm going to cue the theme song, when we come back I'm going to share with you guys some of the cool aha I had from our meeting yesterday. All right everybody. So yeah I'm driving downtown Boise here, about to go hang out with my Category Kings, which is a small group mastermind I have with some of the Category Kings here inside of the Click Funnels universe, which is fun. When I decided, as some of you guys know I've run my Inner Circle mastermind program for seven or eight years, and then two years ago, about six months before the COVID lockdowns I decided I needed a break. And so I paused Inner Circle. I shut it down, whatever you want to call it, and decided to take a two year hiatus, actually I didn't know how long it was going to be at the time. So decided to take a hiatus and maybe it was going to be forever. But over the last two years, I missed it. For me there're different ways to learn, like you can learn from a book, you can learn from a course, you can learn from a seminar, and for me I've done all those things. I'm a voracious reader. I go through everybody's courses. I love going to seminars, but eventually for me it gets harder and harder to like mine the gold out right? Because you just are more aware of things. And I've been doing this game now for almost 20 years. And so I've been to more seminars than most of you guys probably even knew existed in our industry. So for me it gets harder and harder to find like that gold nugget. And I was in, I remember my very first mastermind group I ever joined was Dan Kennedy and Bill Glazier's, which some you guys heard we recently acquired their company, which is such a cool thing. But in those groups it was interesting because it wasn't like I was learning, it wasn't like here's course curriculum. It was like the mastermind group, we get together, we all get share and talk, and ideas. And like that's where I started getting these nuggets of things that were just like, oh wow, I can apply that. Oh I can apply that. It was a different type of learning I never experienced before, but I fell in love with it. And I was in Bill's mastermind group for six years. And then when he retired and sold his company I wanted to go see if I could find another mastermind group to join. And I ended up joining all of them. Like all the ones I could find in my world in similar markets, I would join them all. And I never got the same experience. I didn't know why. And that was about the time I decided to launch my Inner Circle. And I think the reason why most of the masterminds I tried to join was like you join them, and there were a whole bunch of internet marketers in the group. And so everyone, I don't know, it was just, it never felt awesome. But what was cool about the Inner Circle I launched it, because we have ClickFunnels we didn't just have internet marketers who are using the platform, we had people in every market you can dream of. We have 100 and something 1000 active members now. And again, there's people that are chiropractors, dentists, doctors, people in curing cancer, wellness, health filled, people in marriage, family, counseling, relationships, dating, every market you can dream of are using ClickFunnels. And so when we opened the Inner Circle, it was crazy, because it wasn't just like, oh a whole bunch of internet marketers joined to talk about internet marketing stuff. It was like the best people in each industry joined it. And it was so cool, because now in this mastermind I was learning like what's working now in the relationship market? What's working over here in the supplement market? What's working here, because we had such a such wide variety of people. And man for me it lit up. And if you've read, specifically the Expert Secrets book, the Expert Secrets book was written in the middle of when the Inner Circle was at its peak. When people like Brandon and Calum Poland and Alex Hormozi and I could list all, the most of the names you guys know in the ClickFunnels community today were in the Inner Circle during that time. And it was fun, because I was writing that book, I would like test ideas and then I would test it on my business, have some success, I'd share it with the entire Inner Circle and within hours it was being tested in 40 different industries. And we got feedback and course correction, and tweaks back and forth and back and forth. And really the Expert Secrets book was born from that testing process inside the Inner Circle. It was so cool. Anyway, I digress. So for me after two years of having it closed down I reopened it, specifically because I missed learning. Like I've been in a weird spot where we've been growing, we've been acquiring companies, we're doing things, but I don't feel like I've been personally growing and you know growth is a big value for me. That's why I have so many books that I study so much, is I'm looking for ways to grow all the time. And so I reopened it with the excitement to start regrowing again with a small group of really cool people. So the Category Kings have 15 people in it. Each of them spend $150,000 a year to be part of it. And then the Inner Circle is $50,000 a year, and there's a 100 people in that one. And so those are the two groups, the Category Kings one was funny, I thought that was going to, I was like there's no way people are going to spend that much money. That one sold out in two days and Inner Circle, man we ended up from Funnel Hacking Live, we only presented it to people at Two Comma Club. We had a special luncheon. And from that I think we had 60 or 70 people join during the luncheon. And so anyway, so there's some context to what it is, why it is, why it's exciting, why I'm so passionate about it. So with the Category Kings, to kick off kind of this new group some of you guys have read the book Play Bigger, which teaches you how to become a category king. And I thought, how cool, and it's funny, because half of our, the Category King group are actually women. So as of yesterday I'm calling it the Category King and Queens, because there's as many Queens in the group as there are Kings. But anyway I digress, I thought it'd be really cool to have one of the authors of that book come and actually present. And so Dave Peterson came and he presented on how to like design your category. And it was interesting, because I've read the book multiple times, I've referred it to, I think he told me I was probably the top refer of his book, because I told everybody about it. And so it was interesting, because as we were preparing for this I had it in my head what he was going to do. He was going to use the principles in the book. We're going to map it out. We're going to category design. Like I thought, I really thought that was the direction we were going to go. It was interesting, because he told me, he's like, you know everything I've learned about category design for the most part happened after I wrote the book, we wrote the book based on these principles and he's like, we've been coaching for the last decade now. And he's actually now doing it in a company again. And he's like you know most of what I've learned about category design, I have learned since the book. And so there's a lot of things that are different. And so anyway, we had a four hour workshop with him and what was fascinating to me was we didn't cover most of the things in the book. In fact the first hour was all spent on something that seemed so simple. I'm almost nervous to tell you guys this, because you'd be like, oh that's so simple Russell. But me and 15 other people in this room of arguably Category Kings in their industries, none of us were able to really answer it. And that's what I want to share with you guys today. So the question and it's interesting, because like the way that I, the lens that I view the world at typically for me is like, okay I'm going to go find, who's my dream customer? And then I'm going to create an offer for them. That's like for me, like ground zero, that's where I begin this process. And then if you've read Extra Secrets, you know it's like, hey do we make an improvement offer? Or a new opportunity? Create a new opportunity. There's this whole thing around like down that rabbit hole. And that's where I begin. That's where I kind of start running with. And I always knew that when we're creating offers and creating products, and services and things like that, where like our goal to solve a problem. But what was interesting is that Dave asked us, he's like, what is the problem that you solve? And he showed a bunch of the big companies you're aware of. Like the billion dollar brands and most of them have like a really simple, less than 10 word statement on the problem that they solve for the market. Like for example the wetsuit guy, I don't know who it was, but like his problem he's trying to solve is I want to swim in cold water longer, but that was it. I want to swim in cold water longer, eight words right. And like, what is a wetsuit? Oh it helps people swim in cold water longer. What was the problem you try to solve? Boom this is a solution and billion dollar brand. And every company had something like that. And then he was interesting, he said that he would go to, or he was talking about some of his friends that have big companies. And he said that he started doing this exercise with them, when he'd get in the car with them, and he'd be like, Hey how's it going? How's business? Real quickly, what do you think the problem is you guys as a company solve? His friend would tell him the answer and he'd write it down, and next time they hung out three or four days later he'd be talking, he's like, wait real quick, what was the question? What is the main problem you solve again? And the guy would be like, oh, he'd tell him again, and then he'd do it again, he'd do it five or six times over the next month and a half or so. And eventually the guy came back and said, you know the seventh or eighth time he asked him, he's like, dude you got to quit asking me this. Like you keep asking and I keep telling you the problem we solve. And then Dave came back and said, actually what's interesting is I've been writing them down. He's like every single time I've asked you that question, you've given me a different answer. And the guy was like, oh my gosh. And he started looking at him and he was disagreeing with himself, not knowing it. But if you look at like, he's like I solve this problem, I solve this problem. And I solve this problem. And they kept changing around. And he said a lot of times he'll do consulting with people and they're in category design, and he'll ask everybody in the executive team, what is the problem you solve? And everybody's answers different. And then he'll ask the employees and everyone's answers different. And he's like, this is the foundation. Business is all about solving a core problem for an industry. Like what is the core problem? And what's interesting he said that if you figure out the problem correctly, he said, the category will take care of itself. Like you don't have to go and figure out the category and design, all kind of stuff. He's like it all relies on this one thing, is what is the problem you solve? And it was interesting, because as he said that, instant I'm like oh sweet I can answer this. And then I was like, wait a minute. I could answer this seven years ago when ClickFunnels first came out. That was the problem we were solving seven years ago? It was that entrepreneurs couldn't code. And so we had to make this easy drag and drop builder, oh sorry this is the solution. The problem is that entrepreneurs aren't coders, that's the problem right? And so we built ClickFunnels, because someone like me who's an entrepreneur who needs funnels, I can't code. And so it was like this simple thing. And so that was the problem we solved. Now fast forward seven years later, that's not the market problem anymore. There's a million ways that entrepreneurs can code something. There's a million Wix's and WYSIWYG editors, and WordPress and Shopify, and Etsy and Amazon, like there's a million ways to do it. So, that's no longer the core problem. Although, that's the problem that we solved initially. And so it got me thinking, what is the problem we solve today? Like the problems change in a market and an industry over time. In fact, I asked someone, I was like, does the core problem stay the same forever? And he's like, no, no. He's like there's a core problem, and you got to figure out and identify that, because that'll define the category and everything else. But he's like markets shift, markets change. And he showed this graph of the CRM industry over the last 50 years or 60 years, initially he was it was business cards. And then it was some dude figured out you could take a business card and type it into a data processor. Now you had a digital business card, and then the next wave was like... Sorry, we can come back to the problem. So the first problem is like I needed contacts. So business cards became the thing. That was the problem. And then next thing I have all these business cards, I don't know how to manage them or track them. And so someone made a program where you could type it in. It's like, oh I have a digital version, I can look at it. And if my book of business cards burns up I don't lose my business. So problem solution, and then a little while later it's like, okay this is tough I hate typing in these things. And so the next wave of that industry was card scanners, where you take a business card, you scan it and boom it's in your computer now, you've got it there. And that solved the next set of problems in the industry. And then later it was I don't just want a business card. I want a business card, but to be able to take notes. And if I talk to somebody and things like that, and it was like the first version of CRM, and he showed, was it Seabolt and showed how they became the Category Kings and they dominated. But then eventually it was like well, first Seabolt was really hard to install and all these kind of things. And that's when Mark Benioff came out with Salesforce, which was not software, it was hard and confusing and you had to have people come install it and set up. It was just web based software. And he was the very first to do SAS based software. And so like that became the next thing. And he kept showing them the industry shifting, because the problem shifts over time. And it was interesting, because in your market if you're not shifting your problem over time, someone else is going to solve the problem and that's when you lose the category. That's when the person passes you, which is so fascinating. And so the question came down to, what is the problem you solve? And so that's the thing I want to identify for you guys. And the problem that us entrepreneurs have is like, oh we solve a ton of problems. We do this and this and this, and this and this, and this and this, this and that is the wrong answer. You don't solve a whole bunch of problems. You've got to solve one problem for the category. And by doing that, by creating that, by understanding and identifying and framing that problem from there the category is built. And then we got deeper and talked about POV statements and things like that, it got deeper from there. But that was the core foundation, that again, if I was teaching, I'd be like step one find a problem, step two, what is the offer? And then like you know, and I'd go directly into that, but it's like, no, no, we got to step back to the foundation, which is really what is the problem that you're solving for the industry? When you figure that out the category will take care of itself, which was so fascinating. And again, he said, try to keep your problem statement to under 10 words. And that's hard to do. I spent 45 minutes talking about, 15 minutes work shopping it, and then I spent the next four hours like noodling on it, like try to figure this out, like what in the world, especially as I know some of you guys know we're launching ClickFunnels 2.0 soon, so like with this whole new launch, this new thing, what is the problem we're trying to solve? How do I identify? How do I structure? How do I make it so simple that it keeps us as the Category King? So anyway I hope that's helpful. Obviously there was a lot of stuff yesterday that was really, really cool, but that was the one that was like the biggest insight. It was funny, because we came back from the first workshop, I raised my hand initially, I was like, all right I don't know if it's just me, but that was really, really hard. And I looked around at everybody else, every other Category King and Queen in the room looked back and said, oh, then Kevin's like, we're so grateful it was hard for you Russ, that was really, really hard for us and we thought we were the only ones. I'm like, no, I'm going to be vulnerable here too. That was really hard. And then it was fun, because it opened the dialogue with us all trying to figure it out and work with each other. And Annie Grace, a lot of you guys know her, she spoke at Funnel Hacking Live two years ago, she actually wrote out mine and my POV statement and all these things for me, it was like I think this is what yours is. And like, anyway it was magical. So anyway that was the first half day of Category Kings and Queens. And so I'm heading into the event room now, I'm getting close actually. And I'm excited because I was up till two o'clock last night working on my presentation, because I'm going to, based off of what we learned yesterday with the problem I'm going to take that as the foundation point and then show everybody over the last seven years how ClickFunnels has built to the place it is. We've got over half a billion dollars in sales, well over that now, we built the category, we've done these things. So I'm going to kind of show the next phases for me to the group. I'll probably spend two or three hours going deep into that, which I'm so excited for. And this is like Russell raw, like if you guys see me live, I'm Russell polished where I'm, I've got slides, I've got things. Russell raw you get me and a black marker and that's about it. So I'm excited for these guys they're going to, for those who haven't been with Russell raw this will be my first hardcore doodle session with them going through the principles of how we build ClickFunnels into the category king it is. Things I've learned along the way, the pros, the cons, the ups the downs, and yeah stuff I don't get to talk about typically. So, that's the cool thing about these groups, if you look at our coaching programs we have all the base level stuff. And then if you come in one funnel way and courses and all that kind of stuff, but when you decide to ascend up and get into coaching with us, the first is our Two Comma Club X coaching program. The goal of that is to get somebody from where they are today to Two Comma Club. After you get done with Two Comma Club and you've made a million dollars inside of a funnel, that's when you get invited into the Inner Circle and then from there into category Kings. But it's interesting because the reason why we break it up like that, we used to always have it all together and everyone would be dumped in one coaching program. And it was tough because, or one mastermind group, but it was tough, because there're different conversations that happen at different levels. Like the conversations I'm having with people that spend $150,000 to be in a group, they have to make a minimum of five million a year, and have had to sold over 10 million. They had to have won at Two Comma Club X award. The conversations they have in that room are different than the conversation that happen in a room with people who just passed the million dollar mark. And they're different than the conversation I've going to have with somebody who is in a startup mode trying to get into Two Comma Club. So it's just fun, because again these are things I don't get to talk about, or share ever. And so the place it gets to happen is here inside Category King. So for you guys who are looking to say, okay this is the path, I'm going to hit Two Comma Club X. And then from there Inner Circle, then Category Kings, just know we do record these things and there's a private members there. So when you get to Category King some day, come in here and watch Dave Peterson's talk on Category Kings and watch my presentations from the next day. And you'll have a chance to kind of see where I went from there. So with that said, thanks for listening. This is a long episode because I got a long ride. Hopefully you guys enjoyed it. I miss doing stuff like this, I'm going to try to... We have some fun updates to the podcast coming that I'm doing a few things more long form, I'm going to have someone come and interview me on some topics, because I think those make fun episodes and yeah it's going to be anyway... I'm going to be spending more time with you guys here, is my plan and my goal. So with that said, thanks so much for everything and we'll talk to you guys all again soon.

The Marketing Secrets Show
I Bought Dan Kennedy's Company!! Here is the Plan Over the Next 12 Months!!!

The Marketing Secrets Show

Play Episode Listen Later Oct 25, 2021 13:52


Recently I acquired my mentor's company, and we're working over the next 12 months turning it around. If you want to know what we're doing and why, listen to this episode. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- Hey, what's up everybody? This is Russell Brunson. Welcome back to the Marketing Secrets podcast. I hope you guys have an amazing day. I had a really fun, interesting week working with Dan Kennedy's company, Magnetic Marketing, and a whole bunch of other cool things. Some of you guys may or may not have heard, but we acquired his company recently. And with that, we got 40 years of intellectual property. And so this episode, we'll talk about what we're doing with it all, what it's going to look like, why I'm so excited, and a whole bunch of other cool stuff. All right. So number one, how cool is this? I keep pinching myself. When I first got in this game, my first mentors, my first internet mentor really was Mark Joyner, which helped get me to a certain level. And then I started looking for more stuff and that's when I bumped into Dan Kennedy and Bill Glazer, and I started going to their mastermind groups and their events. And man, it really was like the next evolution for me is just really understanding these core principles and things that have been working since the beginning. I always kind of tease these guys are teaching how to use fax machines and the Pony Express to deliver marketing messages, because a lot of it was like direct mail bootcamps and stuff like that, all kind of older school stuff. And at first it didn't make sense to me how this stuff worked until really I started realizing through Dan that these things that we all think we are, like we think we're internet marketers, he's like, "No, no, no." He's like, "The internet is a channel. It's a media channel." And a lot of us, we think Facebook, Instagram, YouTube is media channels, but for Dan's rule, it's like the internet's one channel. There's direct mail, there's TV, there's radio, and internet is a channel. And nowadays obviously it is I think the best and the coolest channel, but the principles and the philosophies and the psychology and the persuasion and all the things that are working today on the internet are things that were pioneered and developed through direct mail, through TV, through radio. And so, so much of Dan's stuff, he's had a chance to work with everybody for the last 40 years. I say 40, not four, the last 40 years has been just kind of all around these things. And it's just like ... Anyway, so I digress. Again, when I was getting into this, I started learning those things and all the sudden I was like, oh my gosh, the things I'm learning that they did in their fax marketing or their direct mail, I can use on the internet, I can use on the Facebook ads, I can use, and for me really, it was what changed my business. And honestly, for most of you guys, your businesses, as well. A lot of you guys probably don't even know that the core foundations that ClickFunnels were built on were the principles that I learned from Dan Kennedy and that we just turned it into software and turned it something that everybody could do. So that's why it's so exciting. And we recently acquired the company, which is a huge honor for me because I have this unique opportunity and chance now to take my mentor's stuff and to continue it on and bring it into the future. And I'm excited. So this week, on Monday, Tuesday, this week, we had the existing Magnetic Marketing team, the people that are still there, the company flew out here to Boise, and we spent two days kind of figuring out what's the plans, what's the future? How do we get this thing back to the point where there's 10,000 active members on membership and there's all these things that are happening? And so as they showed up, we also had a chance to look at like, okay, what did we actually acquire here? What's all the intellectual property? And it's insane. There's 40 years of stuff. And some is not relevant, and so we're sifting through those, but most of it is some of the best stuff ever. And it's cool, because as we were building out funnels and looking at these courses that they've been selling for $2,500 or $3,000 or $5,000, and it's just like, they're not selling a lot of them. I'm like, ugh, it's because they just need to be packaged differently. But I also think that the pricing is different nowadays than it was 15, 20 years ago, even. And so what's going to be cool is we're taking, you know, Dan's written, I don't know, 20, 30 books, we're taking each book and we're figuring out what courses sync with it, what content fits in this process. And we're building out new funnels, like book funnels that take people through all the products and the courses and the events that Dan did related to each book. Every book he wrote, he wrote a book and then they'd do an event teaching it and then they would do workshops and they'd do all these things. And so every book has got like an archive of stuff that nobody's ever seen before, which is insane. And I'm going through the archives. I'm like, oh my gosh, I thought I owned everything Dan ever had, and I had never seen this, never seen this, never heard of this. And so it's just so exciting. We're having a chance to come pull things out and plug them in and all these things. But as excited and as nerdy as I am in this process, the thing I wanted to share with you guys is that the things that you are learning, the principles you are learning, the things that you've been, especially going deep with me and you've been reading DotCom Secrets, Expert Secrets, Traffic Secrets, literally all we're doing is using that playbook. I'm coming in to this company where I learned a lot of these principles with, but the company's been sold twice since Dan and Bill ran it. So they've fallen away from a lot of the core principles that made them great initially. And so what we're doing literally is like, hey, what's the value ladder? Okay, what is the front end offer? Okay, here's the funnel, what do we need? What's the free plus shipping? What's the order form bump? What's upsell one, upsell two? What's downsell? You know, like walking through and then, okay after someone buys this, where's the next step we take them? What's the next tier on the value ladder? How do we move them up one tier? And then okay, from there, what content do we need, what pieces, and we're kind of just literally just taking the same blueprint that you guys have been learning forever. I laid the blueprint out for you guys, like this is the blueprint. It doesn't deviate. It doesn't change. It's the same for every business. I don't care if you're selling info, products, or coaching, or physical products, or dental, you know, cleaning people's teeth, or if you are doing chiropractic adjustments. It doesn't matter. It's all the same. The framework's the same. It's like a house. The framework's the same. You have a bathroom. You have a kitchen. It doesn't matter if you're making a $30,000 house or a $30 million house, the framework's the same. And so we're just bringing up the same frameworks you guys have been learning and studying and then taking all of the pieces, the content, the copy, the assets and everything, and just plugging it into that framework. So I wanted to share that with all you guys, because I know that, and I'm probably one of the causes of this because I get so excited and I want to launch a thousand funnels because I know the profits, I know how they work. I can just do it over and over again. And so we roll out a lot of things. But if you actually look at this strategy, me coming into this new company and having 40 years of intellectual property and a million courses and products and all this stuff, the strategy is the same. It's the same thing. And so if I was you guys and you're still not sure what to do, start there, start with the DotCom Secrets book, read the book and say, okay, what's the value ladder? What's funnel number one? What's offers inside of funnel number one? And coming back to the basics. I get people, it's crazy, on Instagram, I don't know if you guys ever click over to the other tab, which is messages that don't go in the inbox. I look at that probably once a week or so, just to see if I'm missing any conversations with people who I need to be having conversations with. And I look over there just to make sure I'm not missing anything. And as crazy as it is, I will tell you that each week there are probably anywhere from 20 to 50 people that message like, "Oh your stuff's so good. Where do I start?" Or, "I love your stuff. I can't figure how to get started. What should I do?" Like oh my gosh, you guys, this is simple. Read book number one. That's why I wrote the first book, so you'd have the foundation. Go read DotCom Secrets. The same thing that we're doing now, after we acquired this huge company, it's like okay, apply principles. It reminds me of Vince Lombardi. They said the first year of every football season, he'd walk out to his team. We're the best in the world, you know? And he'd hold the football and be like, "Gentlemen, this is a football." And he's just showing them, here's the foundation, here's the beginning. Here's the start of this. And I think that's what sometimes we forget, is we're trying to figure out the secret ninja, Facebook advertising hack, and the this and the that. And it's like, no, no, no, come back to the fundamentals, come back to the foundation. Gentlemen, this is a funnel. Right? Okay. Which funnel is it? Value ladder, boom, boom, boom, boom. And then you're just plugging the pieces into the model that's been proven to work over and over and over again for decades. And like I said, initially, it's the stuff I learned from Dan and learned from Bill, and such an honor to have a chance to come back. In fact, it's funny, because I was like, I'm going back to the advertising archives. We're pulling all the old sales letters back from when Dan and Bill ran the company. It's like, okay, this is what we need to see, because this is when it was done correctly. You know, everything in the last decade, since some of the other people who bought the company, they messed up the model. They didn't understand the model. They bought it, not understanding it. And they jacked the whole thing up. We're coming back, thinking back to the foundations, back to the fundamentals. What worked before? How does this work? Plug in the system. And so I'm excited. You guys will see the first iteration of what we're doing. We'll be launching probably the first week in January or maybe the last week in December. Not quite positive, but around there. And then over the next 12 months, you'll see the process. You'll see it happening in real time. You'll see, oh, there's the front end of the value. Oh, he's moving us up a step. Oh, from there we're moving to the high ticket. Oh, from there there's a continuity. You'll be able to see it rolled out in real time over the next 12 months, which will be really, really fun. So I'm pumped. I'm excited. Hope you guys, are as well, to see behind the scenes of the process. But that's what we did this week. So if you guys, if you are at the beginning of your business, I would stop what you're doing. Go reread DotCom Secrets, and then do what we just did. Do two day planning meetings. Okay, what's our value ladder? What's the funnel? What are the offers inside the funnels? What's the first funnel we're going to launch? And then just focus on that. Because we built out a whole value ladder. This is the thing that a lot of people make mistakes. They build a value ladder and they're like, okay, I've got to build all these things. And then they spend the next six years building all the things. No. You build a value ladder so you know where you're going. But then you just build the first thing. Like for us, it's okay, now we know where we're going between now and the next three months. The only thing that matters is this funnel, that's it. Nothing else matters. And blinders on. Let's go. And that's what we're focusing on for the next, well, it shouldn't take three months because we're ClickFunnels. Come on now. But the next 30 days, the next 60 days, is picking the one and focusing on it and not trying to build out the coaching program, the high ticket, and all these things in between, it's like, no, just focus on the one. The value ladder is there so we know where we're going, but we begin from our funnel and launch it and then we start the process from there. So anyway, I hope that helps. Again, if you're just beginning, go read the DotCom Secrets book, take two days with your business partner, your family, your friends, whoever you're working with, and map that out. If you've got a business that you just acquired and you're trying to figure it out, do that. If you are struggling in business and you're like, it's all chaos and nothing's working, and you're frustrated, take two days and do this. It's key. So hope that helps you guys. Anyway, we're getting close to Halloween. I've got my Inner Circle. Some of you guys know we relaunched Inner Circle at Funnel Hacking Live. We actually relaunched three different tiers. First is the Inner Circle for life, which is $50,000 a year. And we have, I think like 70 or 80 people signed up for that, which is crazy, but I'm excited to be able to bring back the Inner Circle. It's been closed for two years. And then we opened a second tier of Inner Circle called the Category Kings. And we started the pricing there at $150,000 a year. And there's only 14 spots. I was like, oh, it's going to take us a while to fill that up. We sold those 14 spots in two days and we have a waiting list of probably 30 people who are waiting to be able to send me $150,000 for that, which is insane. I didn't think that was going to happen. So note to self, I should have launched two Category King groups. Anyway, not this year, I'm too tired. And then we have a third tier called the Atlas Group, which is going to be, I know we have people on the waiting list. We haven't actually opened that one yet, and it's going to be really fun as well. So anyway, I'm excited because next week, all next week we've got five days of meetings with the first two tiers of Inner Circle and it's going to be a lot of fun. So anyway, I'm sure I'll probably box you, or not box you, probably do podcast episodes somewhere during that window next week and share some of the insights and the ideas and things that are happening there. And if you want to be in the Inner Circle someday, I always tell people this is where you're ascending to, get in my Inner Circle. That's where I have a chance to work really close in very small groups with you guys. So that is a goal. Nowadays you have to be a Two Comma Club winner to qualify for it. So set that as a goal. Get your Two Comma Club and then get in the Inner Circle with us, coming out, because there's a lot of fun stuff happening. All right, thanks everybody. Appreciate you all for listening, and excited to show off what we're going to be doing behind the scenes with Magnetic Marketing, Dan Kennedy's company, over the next 12 months. Thanks everybody, and we'll talk soon.

Lochhead on Marketing
126 How To Spot Legendary Startup / New Category Ideas

Lochhead on Marketing

Play Episode Listen Later Sep 22, 2021 18:36


In this episode of Lochhead on Marketing, let's talk about how to spot a legendary startup / new category idea. It turns out there are a few secret hiding places where these ideas hide, but they're in plain sight. One of these ideas was shared by Avram Miller in a recent episode of Follow Your Different (FYD 234) when we were discussing his new book, titled The Flight of a Wild Duck. It is a simple, powerful, yet under-used idea for discovering massive ideas for new companies, products or categories, so we are going to talk about it in detail here. As a bonus, I'll share one of my own as well! So stay tuned to this episode, and enjoy. Avram Miller on Being a Legendary Startup When we talked to Avram Miller in Follow Your Different, we got into the discussions of why a lot of startups seemed to fail. These startups had, on paper, great ideas for products, services, and categories that should have dominated the market. Yet looking back, most of them did not achieve that potential. So what was the culprit? It was time. Specifically, they were too early or ahead of their time. Whether it was due to being technologically early or there's no demand for that particular idea yet, it was just too early. One of the examples was WebVan.com. It was a startup designed to deliver groceries to your home, and it was launched in the late 1990s. If you think about it nowadays, it makes sense that it would be a successful business. Yet WebVan.com shut its business down in 2001, while the same model today made Amazon a household brand. So if you have a legendary startup idea, one of the things you need to consider is this: is it too early, or just the right time to launch it to the world? Never Stop Innovating Idea no. 2 comes from me, and what I have observed upon past and existing category leaders in their respective markets. As I have discussed here in Lochhead on Marketing, and also at our Category Pirates newsletter, sometimes these Category Kings settle with fighting for a share of the market, rather than innovating and creating new markets for their own. One of the most known examples of this was Kodak and the physical media category, which tried to adapt too little, and too late. Surprisingly, Avram Miller shares in our conversation that Intel's CEO Andy Grove was also resistant to innovating things early on in Intel's history, which almost led them to miss out in getting into the chipset business for personal computers. As for a great example in the opposite direction, Victoria's Secret got left in the dust by Rihanna's line of lingerie called Savage. This was because it moved away from the POV of "be like these supermodels", to more inclusive and being comfortable with their own body. This radically different POV redesigned the category. As most native digitals see exclusivity as elitist and not welcoming, it was also embraced by the market almost overnight. So at the end of it all, would you rather be fighting to stay on top of your current market, or be the King of the Hill in a category that you have created or innovated? To hear more ideas on how to become a legendary startup or innovate your current business, download and listen to this episode. Bio Christopher Lochhead is a #1 Apple podcaster and #1 Amazon bestselling co-author of books: Niche Down and Play Bigger. He has been an advisor to over 50 venture-backed startups; a former three-time Silicon Valley public company CMO and an entrepreneur. Furthermore, he has been called “one of the best minds in marketing” by The Marketing Journal, a “Human Exclamation Point” by Fast Company, a “quasar” by NBA legend Bill Walton and “off-putting to some” by The Economist. In addition, he served as a chief marketing officer of software juggernaut Mercury Interactive. Hewlett-Packard acquired the company in 2006, for $4.5 billion. He also co-founded the marketing consulting firm LOCHHEAD; the founding CMO of Internet consulting firm Scient,

Girl Boss Coaches
Category Kings

Girl Boss Coaches

Play Episode Listen Later Jul 8, 2021 5:09


www.LouiseCourville.com In the book Play Bigger they talk about companies creating or becoming "Category Kings" When Lee Iacocca became the CEO of Chrysler he created a new category with the minivan and also the K car. In today's market, how are you creating your own category?   As Grant Cardonne states: "If you're not first to market, then you're last."  How do you disrupt a category in your coaching business? Listen in to learn more. Go to www.LouiseCourville.com to learn more about how I can help you create this in your business.

ceo kings play bigger category kings
The Marketing Secrets Show
LIVE: The Real Secret Behind The Value Ladder

The Marketing Secrets Show

Play Episode Listen Later May 24, 2021 22:56


Register for the next LIVE episode at ClubHouseWithRussell.com Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ---Transcript--- Hey, what's up everybody. This is Russell Brunson, and we are trying out something really fun and new and exciting for the Marketing Secrets podcast and so wanted to tell you about it. So I did an episode that was actually live, we called it the Marketing Secrets Live Show and we did it on Clubhouse. And instead of me just talking for 15, 20 minutes, like a typical podcast, I did talk for 15, 20 minutes and at the end of it, I opened it for Q&A, we spent about 40 minutes on doing Q&A and it was a really cool experience for so many reasons. One was a chance to answer questions for a bunch of you guys. Number two is just it was fun doing it live and the energy was cool. So I think we're going to keep on doing it and want to invite you if you want to come on any of our live shows. All you do is go to clubhousewithrussell.com. It's clubhousewithrussell.com. It redirects you to the Marketing Secrets Live clubhouse room and you can join that room and then you'll be notified when we go live. I'll probably go live once a week or so and again, I'll be spending 15, 20 minutes talking and then after that, we'll go into Q&A and it'll be fun. So the next episode's going to be special. The first one is going to be my 15 to 20 minutes of me talking about the concept I want to talk about that day and the next step episode I'll share with you is the Q&A, and I hope you enjoy both sides of it and hopefully gets you pumped to come to the next Marketing Secrets Live show. Again, it'll be on Clubhouse, so make sure you get the Clubhouse app. But again, if you go to clubhousewithrussell.com, you can register. And with that said, I'm going to pick up at the very beginning of the Live Clubhouse and we'll go from there. We're here, everybody. What's up. This is our, technically it's the second time I've gone live on the platform. First time was a huge train wreck, we'll talk about that in a minute, but this is round two and I'm here. And Yhennifer, how are you feeling today? Yhennifer: I am feeling amazing, so excited to be here. I know that we were on for the funnel hacking live room and it was bananas. So I know that this one is also going to be amazing. Don't forget to make me a moderator real quick. Russell: You're officially now a moderator. Yhennifer: Awesome. There we go. I got the badge. I made it in the world. Russell: Amazing. I'm learning how to use it all. Okay. Can you hear me well? This is my first time using the setup and everything, I want to make sure you can hear me. Yhennifer: Yes, we can hear you perfectly fine. Welcome everybody. Russell: Welcome. Welcome. All right. Well, let me, while waiting for a few more people to jump on here for a second, I'll tell you guys what the game plan is, what we're trying to do here and then we'll dive into it. So we're going to be live for about an hour for about an hour and this is my second time officially using Clubhouse. I've been in Clubhouse a lot as a guest and hanging out, but the second time didn't get a room. First time I tried to do a room, did not know what I was doing, jumped in there. I brought everybody up to become speakers and it was chaos and anyway, it was kind of crazy. So I stepped back from it and was like, okay, I want to do this again but I want to do it this time a little more strategically. And so the game plan for what we're going to do is I'm going to basically be doing an episode of the Marketing Secrets podcast. So I'm going to talk for probably 15 minutes or so on a topic and then when that's done, Yhennifer is going to be my amazing, co-host, help me with this whole process, making sure I don't mess it up. Then we're going to bring you guys up, whoever wants to come up and ask questions or give comments or share things to deepen what we're talking about with everybody else. And that's the plan, so I think it should be fun. Anything I'm forgetting? Yhennifer: Yes. Make sure that you pin some people into this room. You have that little plus sign at the bottom guys, as you are hopping on here. Invite some friends that will be interested in what we're going to be talking about today, which is the secret behind the value ladder. Russell: It's so fun. All right. And I've also got this really cool, I feel professional, I've got a little board here. I click buttons, and if I tell you guys a joke, check this out. Did you hear that? Yhennifer: That is amazing. Russell: So I can do that. If we talk about money, I can be like this. And I also got the theme song for the Marketing Secrets podcast loaded up here. So this is the live version of the Marketing Secrets podcast, which I'm pumped for, hopefully you guys are pumped for as well. Like I said, I got about 15 minutes of stuff I'm going to talk about and then we'll open up for Q&A's. And so that is the game plan. So again, if you want to invite anybody you know, please invite them and then what I'm going to do is I'm going to queue the theme song right now and then we'll play it and we'll come back at 15 minutes to talk and then we'll open the blinds for Q&A. Does that sound good? Yhennifer: Awesome. Let's get the party started guys. Russell: All right, with that said, here is the theme song. All right, everybody. Welcome to our first ever official Marketing Secrets live show. I'm so excited to be here with you guys. We are doing this live on Clubhouse, which is kind of cool. This is my first time really producing something like this, and I'm excited. So if anyone who is a listener to my podcast, you know that usually I spend about 15, 20 minutes talking about a topic and it ends there. I want to use this platform as a way for me to be able to talk about what I'm thinking about for next 15, 20 minutes and then, when it's finished, jump on with you guys and do Q and A and answer questions. Or if you guys want to share ideas or thoughts, whatever it is. It should be fun, so that's the game plan. The thing I want to talk about today... We titled this one The Real Secret Behind The Value Ladder. I did it for a couple of reasons. Number one is the value ladder is probably one of the least understood principles inside of this marketing game. And it's funny, because I think when you explain it, it's really simple, and be like, "Oh, I get it. I get it." But when I look at people's businesses, when they come in for consulting or they hire me for coaching or whatever it is, I look at it and some people have what we call a value maze, where there's 8 million different ways that a potential customer could go and it's confusing. And I'm like, "Where do you take a customer?" And they have all sorts of different things, right? I'm like, "Well, value maze is not a value ladder." So that's one thing. Where number two is like, "Oh, they have a product." They've got one thing and they're missing some of these, these key components. And so I want to share with you guys really quickly what the value ladder is, but then there's a big thing that most people are missing. And it is key. It's the key to ascend somebody from one spot to the next in your value ladder. It's the key to actually serve people with the highest level of value. It's the key to really have success and help your customers have success. And so, that's the stuff I want to talk about today. I'm going to geek out on this at a deeper level than I typically do because I'm hanging out with a bunch of people who are on Clubhouse. That means you guys are as nerdy as me if you're here with five minutes worth of warning that we're going live for marketing seminar, right? And so that's kind of the game plan. So, and then after afterwards, like I said, we'll open for Q and A and do some questions. If you guys have any feedback or if you want to share your value ladders and things like that and how you transition people from step to step, that's game plan. Okay. So, a couple of things. The value ladder right now is more important than anything I could talk to you about for a lot of reasons. One of the biggest ones is obviously with all of the changes happening in advertising between Apple and Facebook and their feud. I'm assuming that most of you guys have noticed that your cost per acquisition in most of your marketing campaigns, if you're buying ads on Facebook, have probably gone up. For a lot of you guys, it's gone up substantially, am I right? Okay. If you've read the DotCom secrets book, one of the quotes that I talk about a lot from my mentor, Dan Kennedy, he said that whoever can spend the most money to acquire a customer wins. Okay? This is something that like... I don't have tattoos, but if I had a tattoo, it would be tattooed on my forearm so I would never forget this. This is how important it is, right? Whoever can spend the most money to acquire a customer wins. I remember when I first got started in this game, I heard him say that and it didn't make any sense to me, okay? And I think a lot of you guys who have been in the market right now, playing this game for a couple of years, it's been easy if I'm completely honest. Facebook ads have made things easy and a lot of people made a lot of money without having to be really good entrepreneurs and really good marketers and really understanding things because it was easy. It was easy. If any of you guys had a chance to read my newest book, my third book, Traffic Secrets, the intro of Traffic Secrets, that the title was, there's a storm coming. Some of you guys probably read that. It was right when Coronavirus hit is when the book launched. And I said, "There's a storm coming." It's been so simple for so many years and I've been doing this now... This is my 19th year in this business, so I was playing this game before Facebook, before MySpace... Actually, Friendster was the hot social network at the time when I started this game. And so I've had a chance to see the ups and the downs and watch what happens to advertising platforms and networks over two decades now. I wanted to warn everybody, because so many people who have got in this game in the last few years where it was easy, where it's we focus on Facebook, and I'm like, "You guys have to understand there's a storm coming. We have to look at things differently. And if you're not, you're going to be in trouble." I think the real first big wave of that has been hitting right now with the battle between Apple and Facebook and all the things. I've seen a lot of people who messaged me, who are freaking out, who'd be like, "Our ad costs are going up. What do we do? What do we do?" The reality is what you should do is you should be celebrating, okay? If you're an actual marketer, if you're a funnel hacker, if you're of our people, right? You've been hearing me preach this now for a decade, right? Whoever can spend the most money to acquire customer wins, right? If you understand that, the fact that all the CPAs, the cost per acquisition, these costs are going up and it's getting more and more expensive should not scare you to death. It should make you excited because all it really means is that more and more people are going to fall out of the game. Okay? Less competition, less people, less people fighting over ad dollars, all those kind of things. It's going to drop, okay, because the real marketers are going to keep playing the game and the rest of them are going to disappear. Like I said, I've been doing this now two decades. I've seen this. I've seen people who are making millions of dollars a month one day. And then, because of an algorithm shift, they're now out of business and I've never seen them come back, which blows my mind to this day, is because they didn't understand these core principles. And so, the core principle I want to drill into your guys' mind today is the concept of a value ladder, and then I'm going to show you guys the actual secret behind the value ladder. That's the key that makes this whole thing work, okay? So the basics of the value ladders... If anyone who has been around me for more than five minutes, you've heard me talk about this before, so I'm not going to spend too much time on the actual value ladder, because that part's the most simple, but a value ladder is like... Somebody comes into your world, right? And you give them some value. So my goal is... Obviously, there's a lot of free things I do online, right? My free podcast. I'm doing this live right now, right? Some of you guys are jumping into this room and this is the bottom of my value ladder, right? It didn't cost you any money, okay, but I'm providing value. Hopefully if I do a good job of it, you're going to be like, "Man, that Russell guy? He talks kind of fast, but I got some value that was really quick. What else does he have?" Right? And you naturally want more. That's the cool thing about human beings. If we receive value of something, we naturally want more. So if you see cool video or podcast, or you're here on Clubhouse, or something, you get some value, you're going to start looking around. You're like, "Hey, Russell talked about that book. What was that book he said? Oh, DotCom Secrets, or Traffic Secrets." Whatever one grabs your attention, right? And you're going to go online and go to DotComSecrets.com. You go over there, and you're like, "There's the book. $9.95 shipping and handling." You're like, "Whoa, in the Clubhouse room, he spent an hour with us and that was amazing. Can you imagine what I would get if I actually read his book." Right? You put your credit card in. You buy the book. Then you get the book and you start reading it, right? Now you're moving up my value ladder. You start reading the book and you're like, "Oh my gosh, this funnel thing is really, really cool. In this book, he talks about the 10 core funnels and how they work and, all of a sudden, I see how it could work in my business and I can see how it works in other people's..." And you start freaking out. You're like, "This is so amazing." Right? And you got value. You're like, "I paid 10 bucks and look at the value I got from this thing. This is insane, right?" And then what happens? You naturally want more. You start looking. "What's the next thing? What else does Russell have?" Start looking around, and all of a sudden you're like, "Oh my gosh, Russell is doing this 2 Comma Club Live virtual event coming up in two weeks. I want to be part of that. What is that?" Okay. So you go, you sign up for the event, and I try to provide value first. So the way that 2 Comma Club Live works is you put in your credit card and you go through the entire three-day experience for free. Then, afterwards, you decide if it's worth it, right? So there's no me trying to scam anybody out of money. It's like, look, come show up. I'm going to serve you like crazy, and at the end of it decide if it was worth it. If it is, then you can pay for. If not, then don't. Right? So they come through, do 2 Comma Club Live Event, and they go through this experience for three days and they're learning, they're growing, and they're getting all this stuff. They're like, "This is amazing. I'm getting so much value from this. What else does he have?" Right? And then you look at Funnel Hacking Live, our big live event, or maybe it's our 2 Comma Club Coaching. Or if you're inside of 2 Comma Club Coaching, after you've gone through that process, you're like, "What's next? I want the next thing." So, after you've gone through our 2 Comma Club Coaching program, it's a $25,000 program, our next tier up is my inner circle, right? And then after my inner circle, there's new program coming out called Category Kings. And so this is my value ladder, right? It all starts with me coming out there and putting out as much value as possible and, if you like it, you're going to naturally want more. Okay? So that's kind of the concept of value ladder. Again, I don't want to go too much deeper than that because you can read about in the DotCom Secrets book, and I've talked about a lot of other places. That's the core concept I wanted to put out there. Right? And so, the reason why these ads are changing, right? Ad costs are going up and everyone's freaking out. That's why this is so important because what will typically happen is most business owners... And I see this so much, even inside our funnel hacker community, unfortunately, is they create a product and have this product and it works really well and they start selling that product. Right now, because the game has been easy for the last four or five years, they spend $50 in ads. They make a $100. They're like, "Oh, this game works." Right? But now with all these different changes, and the algorithm shifting, and the fight between Apple and Google and Facebook and things, now these costs are going up. Well, now you're spending a $100 to make $100. And then, it's eventually going to be $200 to make a $100, right? And all of the amateurs are starting to fall away, okay? I remember my very first marketing seminar I ever went to, I heard Mike Lemon said... He said, "Amateurs focus on the front end." Said, "Amateurs focus on the front end." And I didn't know what that meant until I started getting into business and I started saying, "Oh my gosh, my first two or three tiers on my value ladder, all that money is going back into just paying for customers. It's not until tier three, four, five, I start actually making money." And the deeper you can go into your value ladder without making any money, the more successful you're going to be, right? Because whoever can spend the most money to acquire a customer wins, according to Dan Kennedy, who is my mentor, and I trust everything my mentors say to me, so it's very, very true. Okay. So I want to kind of start with that. Now, the next thing I want to talk is... Again, most of you guys at this point have some kind of value ladder, but the thing, and this is where I talked about the real secret behind the value ladder, the thing I really want to share with you guys today, and this is the nugget that hopefully you get and you're like, "Oh my gosh, I got value." And then we'll open up to take some Q and A's and stuff. So the big secret is each tier of the value ladder, the thing that you sell at that tier has got two goals. Number one is to provide value, right? It's to scratch the itch they have, right? So you give them this thing that's like, "Oh my gosh, I got value. That was amazing. I scratched my itch." But usually when you solve one problem for somebody, it opens up a new problem. Right? So, for example, when I give you a book on how to grow your company funnels, you like, "I read this book. I got value." And then, all the sudden, you're like, "Oh my gosh, I need a funnel." And then, hey, lo and behold, guess what I sell? I have this funnel software that I sell called ClickFunnels. You should use it, right? And so it opens up the next thing. Each tier on the value ladder should provide value, help somebody at that tier, and then, and then by giving them that value, it should open up the next step, right? Because after you have a funnel, what do you need? Well, for me, you buy my first book. It's like, "Here's how to build a funnel." And then second book like, "Hey, here's how to do the messaging for your funnel." Third book's how to get traffic to your funnel. It moves somebody up and down. So the first time I got this... Some of you guys know Chet Holmes. Chet Holmes passed away a few years ago. He wrote The Ultimate Sales Machine, which is still, to this day, one of my top 10 favorite business books. Chet actually became a friend of mine. I spent a lot of time with him in business and traveling, and just had a lot of respect for him. As I was working with him, he wanted us to help him with one part of their business. And so, because that, he opened up his books and showed me his entire business model, which was really, really cool. So he showed me this entire business model, and I want to walk you guys through how it works. Because when he showed this to me, this is one of the first time I got it. That each step of my value ladder is selling the next thing. So the way Chet's business model works is he runs radio ads, right? So he's running radio ads. In the radio ad, it would say, basically, "Call this number to get nine free reports," or something like that. So they'd run the radio ads. It would call the number. Someone would answer the phone, say, "Hey, what email address do you want to email your nine free reports to?" You give them an email address, cool. And said, "Hey, why have you on the line, Chet normally..." He used to do these seminars that were three hours long. He would fly around the country and people would pay, I can't remember, $800 to come to these three hour long seminars to help them to grow their company. And because you're at home, we're doing virtual seminars, and how would you like to come to these virtual seminars? And he said, the seminar for you guys, for virtual one, was $300, but the cool thing is you don't have to pay for it up front. You can come to the seminar, attend the entire thing, then after it's over, if you liked it, then you pay the $300. Right? And so that's how Chet's value ladder began. Okay? And so that's kind of where I got to dive in. So I started going on these seminars. I wanted to understand what he was doing. And I'd watch this three hour long web seminar that they would run, and they would teach people and coach them show them all this amazing stuff. It was awesome. The three-hour training was worth the $300 bucks. And so, when the three hour training was done, at the end of it, he said, "Hey, really quick, I want to find out from all you guys. The last three hours, was it worth it? If it was, tell me, and if so, we'll bill you the agreed upon $297, like we agreed upon. But if not, let me know and we won't bill your credit card. Totally cool. No harm, no foul." And he'd go person by person. These web classes would have like 10 people on a time. So he'd be like, "Joe, how was it for you? Was it good?" And then Joe would be like, "Yeah, it was awesome." Then he'd be like, "Cool. Sam, Julie, Mike..." And he'd go through everyone and get everybody to say yes, and they'd bill their credit cards. And he said, "Okay, now that the seminar is over. It's officially over. Got all the value. Really quick. The biggest question people ask us after they go through this experience is, I want more. What's the next step? What's the next tier?" And he said, "Do you care if I spend a couple minutes talking about our six week long mentoring program where we can take these principles and help you instill them inside your business?" And of course, everyone's like, "Oh, sure, definitely." And he walked and transitioned to the six week program and he explained it all. And then, from there, he would try to close every single person on the call on the six week program. Right? And so then that was the next step in the theater. And then you went through six week program. At the end of the six week program, they give them two bonus calls, right? And the two bonus calls are with the coach, trying to figure where they're at and where they're trying to get. And then, from there, the coach upsold them to the next program, to the higher ticket program. And so, each tier in the value ladder provided value, provided the thing they promised. And the end of it, there was a mechanism, there was a tool, there was a process in place that then took that person and ascended them to the next tier inside the value ladder. Okay? That was the key. And as I started watching, I was like, "Oh my gosh, this is amazing." And what Chet did in his business, it was really fascinating. This is kind of off topic, but just an idea to put in your guys' head. Every single person in Chet's organization, his entire company, everybody was paid a percentage of the sale. So what would happen is that the person buying the radio ads, he or she would get a percentage of the money that came from the webinar one, and then from the six week program, and all the way through the entire line, so they all were incentivized. The person in sales on the webinar got incentivized on everything that happened after that person touched them, and so on and so forth. The way he structured it... I remember him sitting there. He said, "Russell, this is the secret to business. Don't have tons of overhead. It'll drown you." He said, "You got to set up your structure so that everybody's paid based on a percentage of commission." He's like, "That way, when you have big months, everyone gets big checks and small months, everyone get small checks, but we all do it together. That way you're not stuck with the overhead and things." Unfortunately, I didn't use that in ClickFunnels. I wish I would have. If I get all 400 employees that work here to... I'm just joking, but it was really just a cool thing. So this was the secret to value ladder that Chet taught me, is that each tier in the value ladder, part of the product, part of the thing that they're buying, actually ascends them to the next tier. Okay? There's a good way and a bad way to do this, too. I've seen this in the past, when I've bought somebody's book, where I'm like, I see the book, the ad's awesome. I buy the book and I read it, and the entire book is a sales letter for their next thing. I hate that. That drives me crazy. But if you look at my process, I want to blow people's minds. So if you go through it and you read the DotCom Secrets book, you'll notice that the entire book, like whatever 297 pages, is just pure strategy, tactics, like nothing. And at the end of it, there's a little chapter on, "Hey, if you need a tool to help this, it's called ClickFunnels." And we push them to ClickFunnels, right? And then there's a sequence after they buy the book. There's a whole marketing sequence that gets somebody from there to the next tier in our value ladder. Right? Then if someone comes to 2 Comma Club Live event, right? It's a virtual event. It's three days long. They go through the process. And inside of that event, that is the mechanism where we sell our 2 Comma Club X Coaching program, right? And so they go to that and they join 2 Comma Club X, okay? And in the past, I had an inner circle and my Category Kings, which has been closed for about two years now, but I'm going to sprinkle some hints here. I'm actually reopening those here this year, which is exciting. And so what's cool about it is then people inside 2 Comma Club X, they can then naturally ascend up the next year. And then people inside of the inner circle then can naturally ascend up our Category Kings. And so there's a process in place, but everything is designed and structured around knowing that I've got to give them the value I promise them, but then, at the end of it, there's some mechanism that moves them to the next tier, that moves them up the value ladder. Okay? That's the power. That's the real secret behind the values. Not just having a value ladder of, oh, there's a product here, product here, product here. It's structuring your product so that the product does the selling to move somebody to the next tier. Okay? If you guys come to Funnel Hacking Live, you will notice something. Most of our speakers, not all of them, but most of them are people who are in my inner circle. They are in our 2 Comma Club X Coaching program, things like that. And so, as we introduce them, we're like, "Hey, here's 2 Comma Club X Coaching member, so-and-so." And so they see this and people see over and over and over again, that the people who are on stage are the people in the next program higher, and it gives people incentive to want to go and ascend up and move up the value ladder. Does that make sense? So these are just some of the things, but that's the real secret in value ladder is structuring your products in a way that, number one, gives so much value that they want to ascend up, and number two, there should be mechanisms built inside of each tier that actually physically move them to the next tier. Okay? You get Chet Holmes on his free web class at the beginning. At the end of it, pushed them into six week program. In the six week program, he had two bonuses coaching calls. Those coaching calls were then there to send them to the next tier and so on and so forth. And so, that's kind of the process of what a value ladder is. But, again, this is the piece I wanted you guys to get. The real secret is understanding that. Creating tons of value and building the mechanism to actually get somebody to ascend to the next tier.

The Marketing Secrets Show
Same Product: One $2 Million, One $40 Million

The Marketing Secrets Show

Play Episode Listen Later May 17, 2021 15:53


The strategic thinking between the $2 million earner and the $40 million earner. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ---Transcript--- Hey, what's up everybody? This is Russell Brunson. Welcome to Marketing Secrets Podcast. It's a Saturday. I just got done working out. While I was working out, I was thinking about something that's crazy. I have two friends that have a very similar product. One of them is very proud because I think they made $2 million from this product, which is amazing. Two Comma Club winner, yes, let's do it. The other friend did $40 million this year, and right now we are trying to acquire his company. And what is the difference? That's what I want to talk about here on today's episode. All right, so I set this up in the intro, but it's crazy. Two people have the exact same product. One, $2 million in sales, which is very amazing. One did $40 million in sales. So what is the difference? Both the products are the same. I'm not going to give you guys too much detail because, come on, you're my funnel hackers. You could go and try to find him and search him out. Look at the funnel, look at all the things. So I don't want to give you the answer, but I do want to give you the question that's hopefully going to get the wheels in your head spinning. What's the difference sometimes between a product that is $2 million and a product that's $4 million? Both are good, but if you're going to be doing the work anyway, you might as well have the one that does $40 million. Did I say four? I meant 40, $40 million. And so it's interesting because if you saw both the pages, both the funnels, both things, you'd be like, "Oh yeah, it's the same product. They're probably doing similar things." In fact, my friend, whose product did $2 million, has been doing this game longer than I have. He understands the business and he understands everything. It's not like he's a rookie mistake. It was just a little different strategy. That's it. The strategy he executed the product on was different. And what's crazy is that the $2 million friend does not know that my $40 million friend is thinking $40 million for the same product. They probably think that they're on par, they're doing similar. But it's crazy, and all it was, was a different strategy. And so that's why, if you think about it, I spend so much time trying to get you guys thinking differently. Not so much, here's the answer, because then it's like, here's the tactic. Go copy it. And I could do that. I could show you guys the funnel that did $40 million. And it's cool and you'd say, "Here's the tactics." Then you'd be like, "Oh, I don't know how to make that work for myself." I remember at one time, this is pre-ClickFunnels, I had a chance to interview my first mentor. His name is Mark Joyner. And in the interview, I was asking some questions and I asked him, I was like, "What advice would you give someone like me?" And this is, again, before ClickFunnels. He said, "The biggest thing is right now, you are very good at the tactics. You're very good at, here's the thing, I'm going to do the thing, and you kind of do it." He said, "What you're not as good at yet is you're not as good at understanding the overarching strategy." And he's like, "The difference between where you are now and where you want to be is you have to become more strategic of a thinker," however he said that. I think he used a big word that I can't remember, but conceptually I understand it. And at first, for a long time, I didn't understand. What does he mean by that? I don't get it. I'm confused. But if I look at these two businesses I'm talking about right now, one of them is very tactical. Boom, did the thing, great video, great sales copy, upsell, downsell, the whole flow is in place. The other person, same things, but his strategy was a little bit different. The way he sold this product was different. And it wasn't a big shift. It wasn't a big change. It was just thinking strategically differently. And so that's what I want to help you guys with today. I talk obviously inside of our community about funnel hacking and looking at things and modeling. But sometimes it's more than that. Sometimes it's more than just looking at someone who's doing it and modeling the process. It's looking at what a lot of people are doing, a lot of people in different industries. One of the mentors I learned from initially a lot is a guy named Jay Abraham. Some of you have heard of Jay. And what he was really, really good at was he was really good at not just looking at his industry and saying, "I'm selling insurance. How are other people selling insurance doing it?" He'd say, "I'm selling insurance. How are people who are building houses doing this? How are people who are dentists doing this?" And he would look at different industries. I remember when I was first learning from him about the same time that Mark Joyner asked me my tactic versus strategy question. I was listening to a lot of Jay Abraham's stuff at the time and I noticed that he'd be like, "Hey, I had a client that was in this industry over here and I didn't know how to help him, but I saw a guy in this other industry doing this, and so I brought that over and modeled it and boom, we blew up the company." And I think, for me, a lot of that started happening. In fact, it's one of the reasons why I feel like I'm a good coach nowadays, because so many people in my market in how to start an online business market, they're really good at starting businesses in the how to make money on the internet market, so that's what they teach. Whereas my passion and my focus for the last decade has been, how do all businesses use this stuff? I respect every business is different. There's tweaks and there's changes, but I look at so many of them. Because of that, because I have a chance to look at businesses all over the place, a lot of times they're applying planning strategies and I'm just like, "Here's what everyone's doing. Here's what's working." It's like, okay, nobody's seeing this, but in this market over here, somebody is doing that thing. Here's the tweak, here's the change, here's the idea. So my friend who has the $40 million business versus my friend with the $2 million business, it was just a strategy change. It was just my friend doing $2 million was doing what everybody else was doing and my friend doing 40 million just saw a different way. He's like, "Hey, everyone else is pricing this way. Everyone else is structuring their funnel this way. What if I made this little tiny tweak? What if I made this little shift?" And it's just a positioning shift. Literally, it's just shifting the positioning in the pricing strategy just a little bit. And from the same amount of effort now, one of them, $2 million, one of them, $40 million. And so I want you to thinking about that, looking, keeping your eyes open. This is the time to start developing your thinking muscles as you're looking at other people are doing. How are people selling things online? How are they selling them offline? What TV ads? What are you seeing when you're listening to Spotify? What do the ads say? What do the landing pages look like? Just keeping your eyes open for a bunch of stuff, even if it's not something that's in your market, because that's what a lot of times these big strategic ahas are going to come from. My friend doing 40 million didn't get that from the market he's selling his product in, because nobody's doing it. I don't know exactly where he got it from or if it just came up off the top of his head, if he saw somebody else doing it, but it was just a tiny, little strategic decision that now you look at 12 months of effort, both of them buying Facebook ads, both from driving traffic, both moving JVs, both moving all this stuff. One equals two, one equals 40. So anyway, again, my goal with this is not to give you the answer and give you the tactic, but to open your mind up to more strategic thinking, looking different, looking bigger, looking at other places, looking around, looking at what other people are doing, not just in the industry. Inside of that is where you start finding some of the big ahas, the big change makers, the big things that shift these things from $2 million to 40 million. So it's pretty cool. Anyway, if and when we purchase this company, I'm sure at that point would share with you guys some of the stuff on how it works and stuff like that. I'm just not at liberty, obviously, to share that because I'm under NDAs and everything. But it's just fascinating. It's really, really cool how a little shift like that can change things. So with that said, my job and my goal right now is thinking the same thing. With ClickFunnels, we're at this big transition point. Something crazy is happening with Funnel Hacking Live. I can't tell you about yet. I was going to say, you guys are going to die when you see it. And so, because of that, I have this window to make some strategic changes and differentiate in pricing and a whole bunch of things like that. So right now I'm spending a lot of time thinking about that, because I could just shift into doing what we're doing, which has worked and it's worked at a high level. But, is there something different? Is there something better? What are other people doing? We literally went and had everybody we could find search for different SaaS platforms and companies in every industry you can dream up. We end up with a Trello board with, I don't know, 200 or 300 different SaaS products. SaaS stands for software as a service, which is what ClickFunnels is. And so we've gone through and seen all those, and now we're signing up. We're looking at the prices, looking at thousands and thousands and thousands of these things. I had a chance to go see Tony Robbins about a month ago, and I was asking him, "Hey, if you were me and you're at this level and at this level, what would you do?" And he said, "Two things." He's like, "Proximity is power. Get around people who have already done what you're trying to do." And that was the first thing. And then number two was modeling. So I've modeled people that have done what I've done, but who are the people that are bigger? So, for me, I'm looking at Salesforce, I'm looking at Shopify. I'm looking at, who are these companies that are worth billions of dollars, tens of billions of dollars, hundreds of billions of dollars, in some cases? With Shopify now, it's crazy. What are they doing differently? What am I missing? What are the pieces that I didn't understand that they understand? I think about Shopify, their shopping cart platforms, they're great. I love them. But they're not worth, in my mind, 144 times or whatever worth more than we are. But they are right. And why? Because strategically, these are the things I'm wondering. How do I get proximity to him and people who've worked with him or people that understand? If I want to get that level, I've got to think like the people at that level. And so, how do I expand my thought process? How do I get myself thinking differently? And it's getting around people who think that way. I think a lot of you guys, and this is true for me as well, when I got in this business, I thought differently, and I started getting around these people who had these big visions, I was like, "Oh my gosh." And by being around them, having proximity around them, my vision started getting bigger. I started thinking bigger. I think some of you guys hopefully have felt that when he came into my world and maybe you were just trying to make a quick extra buck on the internet, and all of a sudden you get in this thing and all of a sudden you're like, "Oh my gosh, I could win Two Comma Club. I could change the world. I could start a movement. I can help people." And hopefully I've expanded your vision and proximities around that. That's why you guys need to be at Funnel Hacking Live. That's why you've got to plug in things we're doing. Because I feel like a lot of people in our community, I’m a few steps ahead, because I've been doing this for two decades now. And so my job is to keep pressing forward. I was talking yesterday to our Two Comma Club X students and I was talking about how I'm planning on reopening my inner circle but I'm also starting a new Mastermind group called Category Kings, which is for people who are between 10 and 100 million. And I said, as soon as I get to a billion dollars, I'm going to be opening another one that's helping people who are at the $100 million level get to the billion, but I'm not there yet. I haven't made $1 billion yet. I'm more than halfway there. So I'm working hard. But as soon as I get that, as soon as I cross the $1 billion mark, then I can have something where I'm going to be like, "Hey, for those of you guys who are at $100 million, let me show you the next tier. Let me show you what we did to get to the $1 billion." And so I'm trying to stay a couple of steps ahead and then taking people and pulling them up to the next level. And so, for me, I'm looking ahead like, who's already got to $1 billion? What did they do differently? What are the changes? What are the tweaks? What is the mindset? How do I strategically think differently? Because, for them, it's easy. Right now it's funny, because for some of you guys, the thought of winning Two Comma Club awards is this huge thing. Whereas right now, any idea that I had, if I was to execute on it, if it hit Two Comma Club within the first 30 days, I would think I failed. But it's just because I know the process, I know the path. It's not confusing or hard or difficult. It's like, "Oh, here's what you do. Boom, boom, boom, a million bucks." And so it's really a simple process at this point. And that's my job, is to try to, first off, inspire you guys, help you understand that, teach you, train you, give you tools and things. But it took me two decades to master all the principles so I can do that really easily. But now it's easy. So everyone wants to get to Two Comma Club in their business. I can help you because I've gone that path. And so, for me, I want to get around the thinkers who have hit $1 billion. That's simple. I was talking to someone who's friends with this dude who has sold seven or eight companies for $1 billion so far. Seven or eight times, this dude, it's like winning Two Comma Club awards as they go. Another Three Comma Club, another Three Comma Club. That dude thinks differently than me. I don't know what he's thinking about, but I want to figure that out. I've got to get around him. I've got to think differently. I've got to be strategic. And so, anyway, these are some of the things I'm working on and hopefully it helps you as well. So find the people that are the tier above you, where you want to go. Get around them. Surround yourself with them. Learn to think like them. I think a lot of times we all have this problem where we think our job is to try to get the people around us to think like us. It's like, no, no, no, no, no, my friends. That is not the goal. My job is not to get the people around me to think like me. My role is to find people I aspire to be like and to learn how to think like them. That's the difference. It's similar, this is not to get religious, but I think it's funny, for me, my beliefs are there's an all-knowing God. So there's a God. He's all-knowing, all-powerful, and what people try to do is they try to bend the will of God. Well, God should believe this, and we should believe this, and tries to shift our thinking. They want God's thinking to match what we believe, it's like, no, no, no, no, no. That's not how it works, you guys. The goal is not to try to shift God's thinking to match ours. The goal is to figure out what does God think and then we think like him. And I think that sometimes our ego or pride or whatever tries to shift to the other way around. And so it's true in that sense, but it's so true also in this business sense where it's like, find the people who are already what you want to do, you aspire to be like, and find out what they think and think like them. Don't try to bend their will to yours. Because if you go to me and you're broke and you're like, "I'm going to teach Russell how to get Two Comma Club. This is the way it should be." I'm like, "No, you're dumb." You can get smart. That's the cool thing about it. You can learn these things, but you're wrong right now. Because I've done this a million times and it's not that hard. Let me just show you how to it is." And so I think it's humbling ourselves. It's getting ego out of the way. Finding people a level up above us. Strategically syncing with them and then learning like they learn, believe what they believe. Think what they think. And that's the goal. So anyway, there you go. I hope that helps you guys. I love this game. I love this business. It's so much fun. So much development, so much growth, so much learning, but only if you're willing to change. So be open to it. It's worth it. As smart as you are and I am and we all are, there's always somebody who knows more than us and it's cool and exciting to be open to that and to go search for it and learn from them and try to get to the next level. So with that said, have an amazing weekend, you guys. Wherever you are in the world, I appreciate you. I see you. I know you're working hard. You're trying to create your dreams. You're trying to create your dream lifestyle. You're trying to help other people. I see you. I respect you. Grateful for you guys doing that. And if you don’t have your tickets yet for Funnel Hacking Live, what are you waiting for? The party is starting. I think we're at $2 million, $3 million. I don't know. It's an expensive event to put on. So I'm putting out on huge party for you guys. I'm spending millions of dollars to entertain and educate you. You should just be there. Don't miss it. Go to funnelhackinglive.com and get your tickets now. With that said, I appreciate you all and I'll talk to you all again soon. Bye, everybody.

Building While Flying
Becoming the Category Kings of the Rapid Reskilling Movement with Ruben Harris

Building While Flying

Play Episode Listen Later Feb 25, 2021 44:16


The career world is not how it used to be. The idea of picking one job after college and sticking with it for a lifetime is no longer sustainable. Nor should it be. Having a community where you can learn new skills, familiarize yourself with tech, and get advice from others is priceless in today's world. The rapid reskilling movement is the wave of the future, and we should all jump in. Welcome to Building While Flying! This weekly podcast is brought to you by the Sasha Group. We're the consultancy meets agency arm of the VaynerX family of companies. We help ambitious companies build strong brands that flex with the times through strategy, branding media and marketing. In ever-changing times, businesses and brands have to shift and adapt. And across all sectors, there is an air of experimentation. Business owners are trying new things out in the wild;  building the plane while flying. Ruben Harris wants everyone to have a space to learn new skills and build new careers. As CEO of Career Karma, Ruben Harris sees the incredible need for reskilling. He describes Career Karma as “an alternative LinkedIn for blue-collar workers.” And with over 55 million Americans filing for unemployment since the pandemic hit, it's a much-needed platform for those looking to reshape their careers moving forward. It's not hard to see how Ruben was able to see the gaps in online job platforms. With a career background as diverse as his, he was able to see the needs of those who may not be in the corporate ladder-climbing category. As an accomplished musician, former investment banker and startup enthusiast, Ruben noticed a trend. There was a gaping lack of platforms for those looking to reskill and shift directions in their career. In this episode, Ruben enlightens Katie on the rapid reskilling movement and why it's so incredibly essential at this moment in time. He shares his brilliant ideas for Reskill America: The Great Rehiring Initiative, a program dedicated to providing resources like laptops to communities that need them. And he gives us a bit of his background that gives context to his incredible passion for this type of work. Tune in, and then you can say you knew of Ruben back before his company were the category kings of the rapid reskilling movement. Other in-flight topics: The diverse career background that gave birth to Career Karma What to expect when you join Career Karma The skill gaps in America The power of tech skills Ruben's brilliant WW2 tie-in Reskill America Mickey's thoughts in the Sasha Sidebar Links: Career Karma Reskill America: The Great Rehiring Initiative - https://careerkarma.com/reskill-america/apply/ Announcements - https://www.crunchbase.com/funding_round/career-karma-series-a--c59b9d2a

10K Collective e-Commerce Podcast
Differentiating your Product on Amazon with Brian Johnson of Canopy Management

10K Collective e-Commerce Podcast

Play Episode Listen Later Feb 17, 2021 35:56


In this episode, Brian Johnson from Canopy Management will discuss how to make your products stand out from your competitors. Brian has coached over 20,000 brands to sell better on Amazon. Canopy Management is there to help brands to advertise and sell better to become the Category Kings of their niche.   You'll Learn: Which stage of the marketplace is best to start Why shoppers have a very short attention span Where people go wrong with listings The main image blending in with the competition The key benefit of not being upfront How to make questions that lead buyers to your listing The importance of specifying the benefits more than the features      

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,
Differentiating your Product on Amazon with Brian Johnson of Canopy Management

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Feb 17, 2021 35:56


In this episode, Brian Johnson from Canopy Management will discuss how to make your products stand out from your competitors. Brian has coached over 20,000 brands to sell better on Amazon. Canopy Management is there to help brands to advertise and sell better to become the Category Kings of their niche.   You'll Learn: Which stage of the marketplace is best to start Why shoppers have a very short attention span Where people go wrong with listings The main image blending in with the competition The key benefit of not being upfront How to make questions that lead buyers to your listing The importance of specifying the benefits more than the features      

The Marketing Disenchanted Podcast
TMDP 051: How Category Kings Play Bigger & Eliminate Competition with Christopher Lochhead

The Marketing Disenchanted Podcast

Play Episode Listen Later Sep 19, 2017 62:02


Christopher Lochhead is the host of “The Podcast Silicon Valley Needs” — Legends & Losers, and the co-author of Harper Collins' “instant classic,” Play Bigger: How Pirates, Dreamers and Innovators Create and Dominate Markets. Christopher is a former three-time, Silicon Valley public company CMO and entrepreneur. The Marketing Journal calls him one of “The Best Minds in Marketing,” Fast Company Magazine calls him a “Human Exclamation Point,” The Economist calls him “off -putting to some,” and Newsweek calls him, “The Howard Stern of Entrepreneurialism.” At 18 he got thrown out of school, and with no other options he started a company. After 30 years in business he retired. Christopher can recite much of The Big Lebowski, but can't remember his wife's phone number. He's a proud advisor to non-profit 1Life Fully Lived, a surf and ski bum who gives the occasional ass-kicking talk. He's living happily ever after with an amazing woman, a great tribe and six little dinosaurs in Santa Cruz California.  Follow Christopher on Twitter at @lochhead. He can also be found on LinkedIn and https://www.legendsandlosers.com/disenchanted.   You'll Learn: How Christopher overcame humble beginnings and dyslexia to grow a legendary career in Silicon Valley. How he failed in his first business, despite having growing revenue. How he bounced back with his second business, which was acquired by a CRM company, catapulting him to his first stint as CMO of a publicly traded company. Why category kings take 2/3's of the economics in any category. Why it's not enough to be good at what you do, you also have to understand the game you're playing.   3 Key Points: We're living in an increasingly winner-take all world. Legendary companies prosecute the “magic triangle” of product, company & category. Some of the greatest category kings in history have no clue how they became category kings.   Resources Mention: Superconsumers: A Simple, Speedy, and Sustainable Path to Superior Growth by Eddie Yoon Eddie Yoon on Legends & Losers: Growth Hacking Market Categories Brent Jones on Legends & Losers: From Super Bowl Champion 49er to Venture Capital Legend w/Brent Jones   Get New Show Alters in Facebook Messenger!  Go to http://bit.ly/mdshowbot to sign up. It's a #chatbot and it's pretty cool!   Killer Resources: Ready to go pro but aren't sure if College is the right choice for you? Get my Ultimate Digital Marketing College Guide. Like the podcast? Then you'll love the book! Grab Beyond Buzzwords on Amazon. In the last three months of the 2016 Presidential election fake news outperformed real news on Facebook. DON'T be taken advantage of. Our Digital Discernment course teaches you how to call B.S. online.   Support this podcast: Like what you hear? Consider becoming a patron at https://www.patreon.com/MarketingDisenchanted. I'm a small, independent podcaster so your support goes a long way in making sure I have the funds to keep the podcast going. Go to Patreon.com and check out my awesome pledge levels. You're doing a good deed and will be rewarded handsomely for it! Thanks in advance.   Like what you hear? Book me to speak! While podcasting is a personal joy of mine, nothing beats connecting with like-minded people in person. Go to ConsultTemi.com to book me for your next conference, meeting or event.   Let's Connect!  Follow me on Twitter Connect on LinkedIn Shoot me an email: Temi at ConsultTemi.com (Sorry, had to break the email link to stymie the bots… damned bots.)

The Startup Playbook Podcast
Ep042 – Al and Lucas Ramadan (Play Bigger) On creating category kings

The Startup Playbook Podcast

Play Episode Listen Later Mar 28, 2017 57:30


In Episode 42 of The Startup Playbook Podcast, I sat down with Al and Lucas Ramadan from Play Bigger. Al was one of the pioneers in the global movement of bringing analytics to sports. In the early 90's he applied data science to the Americas Cup creating a new category of sports performance analytics. In the late 90's he applied this vision to the Internet creating a new category of digital sports media. His company, Quokka Sports, revolutionised the way people experienced sport. That legacy runs deep in most sports coverage we experience today. He now runs Play Bigger, a category design advisory firm that works with the companies in the portfolios of leading VC firms such as Sequoia and Accel to help them define, develop and dominate markets. Lucas is a data analyst at San Francisco based startup Enjoy Technologies and led a lot of the research and analysis for Al's new book - Play Bigger. In the interview we talk about assessing market potential, why the best founders have a unique market insight, the importance of defining your problem and the need to have courage of conviction. Show Notes: - Quokka Sports - MacroMedia - Adobe - Play Bigger (Company) - Enjoy Technologies - BHP - John Bertrand - America's Cup - Play Bigger (book) - Sequoia Capital - Accel - Steve Vassalo - Zoox - Jeff Bezos - Amazon - Paul Martino - Tribe - Ann Miura-ko - ClearMetal - Mike Maples - Steve Jobs - Starbucks - Howard Schultz  Startup Playbook TV: Ep6 Feat Liam Hanel from Lyra (AI personal assistant to track your carbon impact). In this episode we discuss traction channels on a budget, customer retention strategies and product strategy for B2B vs B2C Feedback/ connect/ say hello:  Rohit@startupplaybook.co @playbookstartup (Twitter) @rohitbhargava7 (Twitter – Rohit) Rohit Bhargava (LinkedIn) Credits: Intro music credit to Bensound The post Ep042 – Al and Lucas Ramadan (Play Bigger) On creating category kings appeared first on Startup Playbook.