Quote:
Originally Posted by SuperDave vdmp and John,
The recorder idea was great thank you! I've though about it for some time now and even tried to use a recorder in conjunction with speech-to-text programs, but that just wasn't for me. And shortly after I gave up on the idea of digitizing my voice. That outsourcing suggestion was great, I will definately use that in the future as my products gain momentum. |
That was John's idea. I just tried to build on it.
Quote:
Originally Posted by SuperDave vdmp,
In regardes to recording my coaching sessions you mentioned, "your market hesitates to do or it answers one of their objections." what did you mean by this? |
I must say that I appreciate your desire to have offline activities. They're gold imo and most lazy people won't do them so it leaves huge holes in the market.
I apologize for the ambiguity. I use short hand a lot and it gets me in trouble here sometimes.

I'll try to explain what I meant.
This is pretty much all I do now. I only work on projects where there's a Master or Guru or whatever you want to call it, a System, a big back end and follow-up systems. With those in place there's many many copy advantages you have at your disposal that stuff almost sells itself.
Step 1
So say some of a prospect's objections, which are universal for "Master" programs, are (1) will it work for
me,
here,
now. They'll see the Master doing it and think, "Well of course it works for him, he's a genius at it. I'm not. And besides the market is terrible in my area these days. And besides, everyone I associate with says it's a dumb idea."
Those are objections that you can talk until you're blue in the face and many prospects still won't believe it will work for them. That's where testimonials and your credibility have to fill-in the gaps. You want that sub-group thinking, "Nope won't work. But then again I do trust him and 5 of his students swear that it will work. Maybe I should give his system a shot."
The way you do that in say a presentation is give 2-3 talks;
"What's working", "Red hot markets" and "Profiting from the changing landscape".
What's working
Question you ask the audience is: Who's successful and what are you doing that's working?
Just interview students that are implementing your ideas. They're basically audio or video testimonials in a classroom style presentation setting. It helps if they have improved on your ideas so they actually add value to.
Red hot markets
Question is: Who's operating in a red hot market? Who's operating in a tough market and still succeeding?
Could be the same presentation above or another one where you highlight different sub-markets.
Changing Landscape
Question is: What did you used to do and what do you do now?
Everyone of your coaching students that has implemented your system should have a story like, "Well, I used to do X but now using your tips and techniques I do Y and make $x,xxx."
Step 2
Take the recordings, it would be cool if you had 12 which is easy if you do a 1-2 day seminar/bootcamp. You can now sell these CD's as a subscription and call them "Power Conversations" or "Insider Conversations" or something else that's not taken. Sell them for at least 30-50x your cost. This becomes your entry level product.
Another option is to include it with a Master newsletter. Online delivery is okay but physical product is better. There's a video of Gary Halbert explaining why.
Step 3
If you don't have an all-in-one from the above then compile a Greatest Hits CD that hits as many objections as you can address.
This becomes a lead generation CD.
On all your marketing materials where you're hitting a cold market (web site, flyers, biz cards, free teleseminars, etc.) this is what you want to get into their hands. Of course it is accompanied with a sales letter for the entry product.
I once handed out CDs at a local real estate club and 150 were gone in 30 minutes. Next time I handed out a flyer with a picture of a CD on it and a way to get it for free. Didn't work nearly as well. So I designed a flyer that people couldn't resist picking up. Anway, back to the story.
Step <1
I knew I'd forget something. You should have your backend all ready to go before you start any of this. Or at least the marketing for potential backend. There's a whole strategy to preselling that I won't go into here. Safest bet is to have your backend.
In other words if it's all leading to a $5K coaching program then one progression, of many, is to get them the lead gen. CD, get them on a teleseminar or to subscribe to your newsletter or CD series, hit them over and over to get on the coaching program.
Step 4
Focus a lot of your time doing lead generation in as many places as you can. Don't let your funnel empty out or else you'll get to the big event and wonder where all the new clients are. They're at the top of the funnel, that's now filled with water, afraid to even stick their toe in because they're sure there's a shark down there somewhere.
There's a strategy dealing with scarcity of the Master that I learned from Dan Kennedy and Ron Legrand and it works. Basically play hard to get and people will pay through the nose to get to you and apologize when they do.
There's obviously a lot of work inside there but the key is to do what you're supposed to do; lead the organization. Then pay for the things that suck up time but don't pay you for it. Mailing and creating products for instance.
Quote:
Originally Posted by SuperDave I'm really hoping that through IM and the expereince I gain from it I'll be able to structure a business venture online - and offline. Once I build enough of a following I plan on setting up a funnel of upselling starting with a free course, moving through audio and video products, and finally one-on-one coaching or even group-seminars. It's going to be a long road but I have the knowledge and determination to stick with this and give it all I have.
Thank you for you kind suggestions. |
It's official. You get it.
I wish you the best and I'd love to hear about your progress.
Cheers