Marketing Secrets with Russell Brunson - (MS) The Controversial Hormozi "Leads Book" Launch

Episode Date: August 25, 2023

Alex Hormozi just did a big 'controversial' launch for his new book "100M Leads" and everyone's asking for my opinion on it. So here's my thoughts after our history together, including my take on the ...launch, our messages behind the scenes, and our differences in launch & content styles. Plus the strategies you need to choose, specifically how we're staying ahead of the AI revolution using the ONE thing that'll set you apart, including how the Hormozi's are capitalizing on this over the long-term. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing FunnelHackingLIVE Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 So I first came to Edward Jones with a great deal of trepidation. When I first met with my advisor, I really was feeling vulnerable about what I would have to share. I was, of course, pleasantly surprised to find that there was absolutely no judgment and a lot of support. And when it was time to get serious, he really took my hand and helped me to do that. Edward Jones. We do money differently. Visit edwardjones.ca slash different. You're listening to Marketing Secrets with your host, Russell Brunson. What's up, everybody?
Starting point is 00:00:40 This is Russell Brunson. Welcome back to the Marketing Secrets Podcast. I am pumped and excited to be hanging out with you guys. I have not recorded an episode in a couple weeks. In fact, the last six weeks of my life have been insane. We've been to Kenya and then to Jerusalem and then back home for a couple days. We did a linchpin event and from there flew to Pirates Cove for a family trip and then two mastermind meetings with my category kings and my Atlas group.
Starting point is 00:01:02 And now I'm back in Boise catching up, ready for funnel hacking live which we are like five weeks away from which is crazy so um if you haven't bought your tickets yet you should hurry we are almost sold out and this year's funnel hacking live is going to be insane i'm so excited in fact i'm going to be doing a million videos facebook lives talking about funnel hacking live only problem is i got a huge black guy at pirate scope i was wrestling um this kid he's a junior in high school this year, a really good wrestler. And we were wrestling and he, anyway, I'm a little taller than him. So I, my head was up higher than his. He popped his head up and gave me a nice little shiner, which is great, but it's hard when you're trying to do videos and courses and trainings, all these things I need to
Starting point is 00:01:40 do is I had to cancel an event and move things around. But alas, it's all good because it's part of the process, part of the fun. Okay. So I have a specific thing I'll talk about during this episode, mostly because I've had probably 2 million people message me about it. People I haven't heard from in years, people all over the place. And then recently I moved all my social apps off of my main phone and I got a second phone, a social phone. So all my apps and things are there and I leave the social phone away from me. That way, the only thing I can do on my main phone is I can listen to podcasts and I can text and box and record podcasts. That's about it. If I want to be social, I have to get to the other phone. So I keep the other phone far away from me, like in a different building or different office or whatever. And then if I do have something I want to share on social, I make videos of it here
Starting point is 00:02:27 and then I text it to that other phone. And when I get that phone, I go and I text it, right? So I hadn't seen social for a while and I pulled up that social phone last night and I'm kind of surprised there's all this controversy around the Hermosy launch. And everyone's asking, people messaging me, but everyone online is freaking out, positive, negative, all sorts of stuff, which kind of confused me. So because so many of you guys have asked my opinion and because you guys know I've been hanging out with Alex for a long, long time, I'm going to tell you guys my
Starting point is 00:02:52 version of the Hermosi launch and hopefully you guys get some ideas and value out of it. And yeah, I think it'd be a lot of fun. So there is the topic episode of today. So the first question I get a lot is like, how do you know Alex Ramosi? I met Alex actually, man, I think it was year two of ClickFunnels. It would have been year one of ClickFunnels. We did the first year of ClickFunnels. We launched in September, and then that January was Traffic and Conversion event. That's back when TNC was the biggest event ever before we had Funnel Hacking Live.
Starting point is 00:03:24 This is a decade ago. And I remember I got asked to speak in a breakout room, but they told me I couldn't sell, which is like the worst thing ever. So I took my webinar presentation. I burned it on these DVDs. We had a whole bunch of them at our booth. And then the story's going to, it's kind of a long story, but it's really fun. So anyway, so we get to TNC and I'm not allowed to sell. I have an hour on stage, but I still want to teach my Funnel Hacker presentation. So we did everything. In the manual that goes out to the entire attendees with a big ad for them to go register for the webinar.
Starting point is 00:03:59 In fact, I remember people taking pictures like, this is the best, this is the only direct response ad in the entire traffic conversion newsletter or, um, you know, whatever. I was like, yeah, I'm the only one who still does direct response. So we had a big ad in there when they made a booth. And I remember the day I was supposed to be speaking, I was like, man, we have three breakout rooms. I'm competing against, you know, two other people in the breakout room. No one knows who I am or what funnel hacking is yet.
Starting point is 00:04:21 And I think, and I remember Dave Woodward, who at the time was not working for ClickFunnels. He was just a friend. He was there. I was like, man, I wish we had like some booth babes who could like get to like push people into, into my session. And Dave looks at me, how many do you need? I'm like, I'm speaking like three hours. There's no way. He's like, how many do you need? I'm like, I don't know, as many as you can get. So he gets on the phone. He's calling, I don't know who he's calling or I don't even know. I didn't ever ask questions, but next thing I know within an hour,'s like all right i got i got four girls coming and so we had these four beautiful models show up and we put them in funnel hacker t-shirts and they stood outside my door to try to get everybody to come into our session and so luckily between
Starting point is 00:04:55 the booth babes and my marketing and whatever else i think funnels were kind of the hot topic at the time as well my breakout room had 80% of people and we had people standing room only. In fact, I think fire marshal got mad at us because it was, anyway, it was awesome. So people come in there and I did my presentation and I only spoke for 60 minutes, which meant I taught the whole fun hacks presentation except for the pitch. So left people wanting more. And then I was like, I'm not allowed to pitch anything. So if you want to watch the rest of this presentation, go to our booth and get a DVD where you can watch the rest of it. And that was kind of it. And I didn't know who was in the audience or anything. And that was kind of it. And then a year later,
Starting point is 00:05:29 I get a phone call, not me, but our sales guys get a phone call from this gym owner named Alex Ramosi. And Alex was like, Hey, last year, I heard Russell speak at this event. And I want to do the thing he was doing. I'm sick of my gyms. I want to do what he was doing. And the guy sold them on inner circle. And a week later, he's on a decade and a day call with me and he jumps on and we start talking and you know, when you start talking to someone really quick, you know, when someone's just sharp and bright, you know, so I'm talking to her Mosey and within like a few minutes I was like, and I, again, I had not met him yet. Funnel Hacking Live number two was coming up. So we had the San Diego Funnel Hacking Live was about to happen and he was a gym owner and he was doing all these cool things and i was like man i want someone to
Starting point is 00:06:07 teach funnels to gym owners and so during my first conversation with him i was like hey do you want to speak a funnel hacking live which again that normally never happens but i just felt something about him i was like there's something here and so um he was like sure and i told my team and they're like wait who who is this i'm like i don't know just some guy he runs a gym he seems really cool he should speak a funnel hacking live and told my team, and they're like, wait, who? Who is this? I'm like, I don't know, just some guy. He runs a gym. He seems really cool. He should speak at Funnel Hacking Live. And everyone on my team is freaking out. Like, you've never met him before.
Starting point is 00:06:29 What if he, like, I don't know. He just seems really cool. So yeah, so he came to Funnel Hacking Live. And I think that was the first time I met him was at Funnel Hacking Live. And he got up and spoke and kind of showed what he was doing, the funnels and the sales stuff he was doing to fill his gyms. And at Funnel Hacking Live, I think from there, somebody saw what he was doing and hired him.ms. And, um, and at Funnel Hacking Lab, I think from there, somebody like saw what he was doing and then hired him like, Hey,
Starting point is 00:06:47 can you teach me how to do this for my gyms? And that kind of was the beginning of him doing gym launch. And it's a long story. I'm not going to tell you all the details. I'm sure you've heard the details from him, but, um, you know, he went in and first off was flying out to gyms and filling and then from there he's created an info product course and then licensed it and blew it up and became Gym Launch. And so I had the opportunity to hang out with Alex a lot over the years and just someone who I'm grateful that I had a chance to be, you know, a part of as he was learning and growing a part of that. And, but man, just someone who I love and respect and grateful for.
Starting point is 00:07:20 So that's number one. That's who, that's how Alex and I kind of know each other through that time. And we were back when he was in the inner circle, we were hanging out, you know, three, four times a year here in Boise or other places. Um, I remember the very first TEDx event I ever went to was Dave, Alex, and Layla came to the event and like Grant Cardone wouldn't back then give us a sales table. He didn't think that that was necessary. And so like, it was like, anyway, I did my sales pitch and there was nowhere for people to run. So Dave had a box of order forms and pens. Alex had one and Layla had one. So people were running to them and they're like selling each other, like selling everybody into it. And it
Starting point is 00:07:51 was just, it was chaos and fun. I just have so many good memories with Alex. And anyway, so, um, anyway, so regardless, so Alex, two years ago decides sales gym launch and decides to go all in on organic. Um, and, and he's insane. He's, he's great. He's, if you've ever talked to Alex short form, he's really good. He's like, he's like giving you an idea or principle or something and like doing it short form. And so like for whatever reason, he started doing, um, social and just went really hardcore on it and blew it up to the point where he's getting, you know, all his videos get half a million views or more. You know, my videos get 50,000 views or more. So he's 10 X me on his organic reach,
Starting point is 00:08:29 which drives me crazy as a, as a friend, but also as a fan, I'm pumped for him. So, um, anyway, but, but he's just, he's, he's the best at short form. You watch him. He's just so good at like picking a topic, riffing on it and just, he's so natural, so good. And so the last two years, he built this huge social following, uh, launched his first book and he crushed it there. And so he was launching a second book and I knew he was writing it and I think everyone's like anxiously waiting to see what he was going to do and how he was going to launch it. And so he decided to do a free book launch event. And you know, again, I'm working on book number four right now. So I'm looking and watching and you know, I have a goal with this next book is to sell a million copies within the first year and 10 million copies within the first five years.
Starting point is 00:09:08 Um, and so I'm looking hard, like what are people doing to launch books and stuff like that? And I've seen recently, um, a lot of people doing book launches, you know, Jenna Kuchar did a really good book launch recently. Um, uh, Jamie Kern Lima did a really good one and she had hers with a big event. So I was curious how Alex was going to do this. But I didn't know any of the details. I've texted him back two or three times during the process. But he didn't ask for my opinion or didn't ask for any help. And he was doing it.
Starting point is 00:09:36 And I was just more watching him to see what his creative mind would do and create. And so I'm sure a lot of you guys did as well. I don't know the exact numbers. But he was around 500,000 people subscribed to this live, this free event. I think mostly organic. I'm sure he paid some ads. But I think the majority is organic and getting affiliates to this live, this free event. Uh, I think mostly organic. I'm sure he paid some ads, but I think the majority is organic and getting affiliates to promote and all sorts of stuff. Um, and what was crazy is you opt in, he, he opted in with a text message. I'm like, he's got a 500,000 person text message list, which if it was me, I would be spamming every single day with offers. I'm just kidding. Well, kind of, but, uh, they haven't yet. I'm
Starting point is 00:10:03 hoping he sells me something through text, but, uh, text and emails. They built half a million person list like from this exercise, which is crazy. Right. And then the event he was doing was the Eric Worre studio and Eric Worre. He's got a big studio in Vegas and I happened to be in Vegas during the book launch. And Eric Worre came and actually spoke at the category Kings mastermind event. And he's like, yeah, we're getting ready for, um, Hermosy's big this weekend and so um he actually invited uh me and the atlas group actually went over to his event center the night before alex's things we got there and like they had all the signage for alex and all this stuff you know and so but we had to go the night before just to go see the studio which was really cool knowing that tomorrow alex is going to be doing the thing there and so
Starting point is 00:10:41 um that was kind of the last day of our mastermind. The next day I was, um, with Bart Miller shopping for my fun hiking live wardrobe. I was at the, you know, downtown or in Vegas running around store by store, trying to find some clothes for me to wear. So I don't look like I'm, you know, you know, rustling t-shirt and jeans at fun hiking live right when the event's happening. So I'm trying to like watch it while I'm shopping and all sorts of stuff. And, um, and I don't know all the details. And so I haven't talked to Alex post events. I don't know all this. So this is, you know, from Russell's recollection of what he's able to see. So number one is like, I tried to start the event initially and it didn't work. And, um, like went to a dead page and then I reopted in and it like spun and didn't give me a page. And then, um, I never got a text message link. I went
Starting point is 00:11:20 to email emails like tomorrow to get a link. So I didn't get the email or text message. And I was like, Oh no, everything's crashed. And so I think it crashed for a while. Um, again, I didn't get an email or text with the link to register. And then when I went directly there, the page was down. So I was kind of like stressing out for him anyway, because I don't know if you guys have ever done a huge launch, but whenever you have a big launch and it crashes, there's nothing more stressful than that. Um, and then I don't know, 10, 15 minutes into the event, I got a text saying, um, go watch it on YouTube. So I'm like, okay, I think zoom must be down, but the YouTube link's working. So I went to YouTube and boom, he's live in the studio.
Starting point is 00:11:51 So I'm kind of pumped that I'm able to watch it. I missed the first part. So I don't know if he started on time or what happened, but I finally got a way to watch it. So, um, I was literally at the food court. I sent him, I said, Alex, a video, I'm in the food court. Um, and I've got a big black guy from, from wrestling. Um, you know, it's like a big black guy. I'm sitting in the food court. I'm like watching him, listening to him pitch and trying to see what he's doing. So he goes into it. And it was interesting cause I watched Jamie Kern Lima when she did her virtual event book launch, she had like 10 speakers and they all came and they, they, they added value and they taught stuff in between. She would do a little mini pushes back to her book. And I feel like that's kind of the way I would have structured an event.
Starting point is 00:12:28 Alex wasn't that way. He was the only speaker. And it was structured more like a webinar. I think it only went for two hours. Then it was done. And I was like, for me, it was sick to my stomach. I'm like, if you got 500,000 people registered for an event, I would talk for forever. I would never stop.
Starting point is 00:12:41 I would just keep talking until everyone disappeared. You know what I mean? It's like, ah, don't miss that opportunity. But he went for, I think, two hours, and then it was over. And then, so that's kind of, anyway. So for me, I would have elongated that, tried to serve those people as long as I could while I had their attention. Same thing, like, it's funny.
Starting point is 00:12:57 Day four of Funnel Hacking Live, when I'm on stage saying goodbye to everyone, I'm looking out, and there's 5,000 people still there. I'm like, it takes us so much work to get these people in the room. I don't want to leave. I don't want to like, I just want to like, let's go all night long. Let's go five more sessions. Cause they're all here. Like, let's keep having fun. You know? And that's what I felt about that. I was like, ah, like I wish Alex would have kept going or had more speakers or had more people talking about the topic or whatever. But, um, so that was one thing I thought was kind of interesting how he structured the
Starting point is 00:13:21 event was different than I definitely would have, but, um, he's structured like a webinar. And so then he started going through webinar. I was like, he's doing the perfect webinar, which was kind of cool. And it was funny because I was watching the comments and like, as he's doing the perfect webinar, it's like, he's leading up to a cell, which I'm like, so I'm like, Oh, in fact, I texted Alex the night before. I'm like, what are you selling? Like, please tell me you're selling something like, don't deprive these people giving you money. And he's like, well, he's like, just watch. He'm like, what are you selling? Like, please tell me you're selling something. Like, don't deprive these people of giving you money. And he's like, well, he's like, just watch. He's like, I'm doing something that you'll notice, but he's making some twists on it. So I'm watching him
Starting point is 00:13:50 do the perfect webinar. And like, as he starts getting to the stack, um, you know, the comments, people are upset. They're like freaking out. Like, Oh, he's just like all the other ones. And he's trying to sell and stuff like that. Um, I'll talk about what he did here a second, but a couple of things I noticed from the webinar, which were interesting to me. Um, interesting because like when you watch Alex on short form reels, like he's just the best I've ever seen it, like just riffing and talking. Whereas the webinar, I've never seen Alex do a long form two hour, I seem to do presentations, but like a structured sales presentation for that long. And it was interesting because, um, I think he'd written the whole thing out cause it felt like he was reading it and i was like how interesting for me i'm the other way around like when i do the reason i suck
Starting point is 00:14:28 it at least not that i suck that i'm not as good as i'm going to be soon in the future um but like i'm not as great on short form as alex because like i'm the opposite way right i have to structure it and i write it almost and then like it sounds like i'm reading it and so i'm trying to get better at that and it's just interesting to me because the long form that i have a 90 minute webinar like i just flow like that's, that is my arena. That's where I feel most comfortable. I can talk, I can share our stories. I don't write a single word out and I can go for 90 minutes and kill a webinar. Um, but on a 60 second reel, I'm the one that's got it structured out and I sound like I'm reading it. It's horrible. And it was just like funny
Starting point is 00:14:59 because it was like me and Alex had flip-flopped where he was long form, you know, teaching slash selling. He was like, he was more reading, whereas he's just so natural short form and I'm the exact opposite. So I thought that was an interesting thing as I was, as I was listening, like how interesting how he's so good in this one. And then, um, where I'm so bad and then vice versa. So I thought it was kind of fun. Um, all right. So then he did his pitch and he built the whole value and the values dropped and dropped and dropped. Eventually he's like dropped all the way down. It's like, it's just free. Like y'all get it for free. And so it was funny watching the tides turn the comments from like, we hate you. You're trying to sell something to like, we love you. You're the greatest ever.
Starting point is 00:15:35 Right. And he pitched at $0 and basically like you just go to his site and like the whole course is there. You can just watch it. No paywall, no opt-in. It's just there. So that was cool. I think it was, um, I've seen some other people do it like open sourcing their content. So it's just like, it's there, it's for you to learn and grow from. And so, um, he did that. And this is where a lot of the controversy I saw online comes. People were like, Oh no, Alex gave away this, you know, a $2,000 course for free. Like it's destroying the market. Like he's moving the free line where now everyone's going to give away their courses for free and all sorts of stuff. And that's where a lot of the controversy came from. And I don't actually agree with that. I thought
Starting point is 00:16:07 it was interesting, um, that people were so nervous about that. Um, but I don't think it's like a legitimate fear. You know, Alex's business model is different. He's not selling info products. Um, he is, he's trying to serve people and then get the right businesses, businesses doing like three to $5 million a year to come, give him equity, and then he helps consult. That's his business model, right? And so he's just serving the lower audience to get the cream to rise to the top so he can do equity deals with the best businesses, which is pretty cool. And so for him, he's not trying to sell a course.
Starting point is 00:16:39 Yeah, he could have made a couple million bucks to sell a course, but instead he gives away for free because for him the long game is different than us and so everyone's like i gotta i'm gonna have to give my stuff away for free like first off you don't have to second off um it's not even the right model unless you're modeling hermoses model right so it's like understanding what business model you and don't think that like because he did it like that should become your business model i think that's a misconception some people were having watching their reactions to it afterwards which was kind of interesting um but one thing that i do want to stress um at at pirates cove we had um the category king's mastermind i had a guy come speak some of you guys know him his name is pace morby and pace he got into the real estate coaching business like two years ago and this year i think they did over 100
Starting point is 00:17:21 million or something crazy like that and what's interesting about pace is uh i had him come speak about wasn't about their coaching business I just had him come speak about the community he's built he is the best I've ever seen at building a community in fact I thought I was the best I'm not gonna lie expert secrecy about how I built the funnel hacker community but Pace has done a better job just flat out he's done a better job and so it's been fun because actually you know he spoke for over an hour and i modeled out um a lot of changes you guys are gonna see some really cool funnel hacking community stuff happening over between now and the end of the year primarily from pace and stuff but somebody asked pace that about community why is it so important and what pace said was interesting he's like he's like i don't think courses are going to matter in the future he's like you can
Starting point is 00:18:00 go to ai and like write me a course on how to you know do underwater basket weaving and it'll create a course better than any of us could create. He's like, so the values on the course and information, the value is in the community. AI can't build a community, right? It's like, that's the thing. So he's doubling and tripling and a hundred X-ing down on community. I think this is similar to what, um, you know, for those who are freaking about Hermosy's things, like, yes, info may be devalued or may whatever you want to call it. But like the value is in the community.
Starting point is 00:18:26 And I think that's hopefully lesson for everybody here is understanding that like between AI making content easier, Alex giving ways for free or whatever the fear may be. Like, don't fear that like the community is the secret. That is the key. It's like, how do you double down and triple down on, on building your community? So that's something a big takeaway I really had from the whole process. What's up everybody. This is Russell Brunson. I've got something really cool for you today from my friend Taylor Wells. And Taylor spoke at our last funnel hacking live because I wanted him
Starting point is 00:18:53 to share a really cool concept about what he calls the revolving pricing method. And today he decided to sponsor the podcast to give you guys more access to this super cool strategy that you are going to love. It's something we've been implementing into our high-end coaching program as well, and it is amazing. But to kind of give you some context about this offer he's making for you guys, as you may or may not know, a few years ago, JPMorgan Chase did a study, and guess what they found? They found that the average small business only has about 28 days of operating expenses in reserve. That's right, less than a month of cash on hands. Now, if you're like me, the idea of your business being one bad month away from disaster is enough to make your stomach drop. Am I right? Especially with how the economy
Starting point is 00:19:28 has been lately. It's not the time to be gambling with your finances. So Taylor put together this book called The Revolving Pricing Method, and it's awesome. It helps you turn every client you close into a long-term profit machine. We're not talking about one-time paydays. We're talking about creating sustainable and real predictable income for the long haul. Now, here's where it gets even better. Taylor put together an awesome exclusive deal just for you guys, my Marketing Secrets listeners. And if you go over to wealthyconsultants.com slash secrets, you can grab the Revolving Price Method book and over $150 worth of bonuses. And get this all.
Starting point is 00:19:56 It's at 70% off. And I promise you guys, as a customer of this, you are going to love it. So if you're serious about growing your business with real stability, this is the model you need to add into your funnels. So go over to wealthyconsultant.com slash secrets, grab your 70% off deal, and let's start turning your clients into long-term revenue. Again, that's wealthyconsultant.com slash secrets. Do not miss out.
Starting point is 00:20:15 Hey, this is Russell Brunson, and I want to jump in really quick to share with you a new assessment I found out that is insanely cool. You guys know I'm obsessed with personality profiles and assessments, but this one is different because not only does it help you understand yourself, but more importantly, especially for us who are entrepreneurs, it helps us understand our employees, our teams, and get people sitting on the right seats in the bus so they can get more stuff done.
Starting point is 00:20:35 I just had a chance to interview Patrick Lanchoni talking specifically about this new assessment they created called Working Genius. And the Working Genius is awesome. Like this test, I had actually blocked out an hour to take it because I was so excited for the new assessment. And it only took me like 10 minutes or less to get it done. Yet, even though it takes only 10 minutes, like you can actually apply this immediately. I took it for myself. I had my team take it. And what's cool about it is from there, we figured out exactly what people's working geniuses are. And that's important because if you're building a team or a company, you got to figure out, make sure you have first off the right people, but make sure the right people are
Starting point is 00:21:06 sitting in the right seats on the bus. And this is what this assessment will teach you how to do. Now, normally this assessment, you can go to workinggenius.com and there's two G's in the middle, workinggenius.com, but I got you a 20% discount on the assessment, which is only $25. So don't stress. It's not an expensive test at all, but you get a 20% discount off when you put in the keyword secrets at checkout.
Starting point is 00:21:25 So go to workinggenius.com. Again, two Gs, working genius, two Gs in the middle, workinggenius.com, and then use promo code secrets, S-E-C-R-E-T-S at checkout. You get 25% off, but then go take the test. Again, it takes you 10 minutes, but even in a 10 minute session, you will get something that is so insanely valuable to help you understand yourself, to make sure you're working in a spot that's going to give you the most joy, number one. But then number two, it's going to make sure that you are with your teams, getting them in the right seats as well. So anyway, I love this assessment. Go check it out at workinggenius.com and enter
Starting point is 00:21:57 the promo code secrets for 20% discount. Take this test for yourself and for your team. And I promise you, it'll change the working dynamics amongst everybody and help your company to grow. Okay. So then after you pitch to this pitch for $0, things like, Hey, by the way, those who do want the book and you want to pass on, you can go buy one book you want, but if you buy three books, one for you and then give away two to people you think would benefit from it, I'll give you a free Hermosi hat. So it was like, buy three books, get a hat. And then you get a 10 book option as well on the site. So, um, that was kind of the pitch was just go buy one book or go buy three to give away two copies and you get a free hat. And number three was buy 10 copies, I think was the other option. So one cool thing I got from there is like, I've only done this in one book
Starting point is 00:22:34 funnel ever on my network marketing secrets, the networkmarketingsecrets.com. I got a book funnel there. And because network marketers will a lot of times buy something for their team. So I have on the order form option, there's like you can buy one book, three book, five books or 10 books. And most people buy multiple books of network marketing secrets, but I've never offered that on any of my other books. I was like, dang it, I should have done that for all these.
Starting point is 00:22:54 And just make it like, hey, get one for you or buy one book for you or buy three to give to friends or business partners or buy three. And so I think I'm gonna update my funnels to have an option like a 135 option above the credit card form where you can order multiple copies. Cause I just thought that was kind of cool to see how he did that. Um, I don't know exactly how many copies he sold. He told me before he had printed over 150,000 copies of the book before the launch. And then most of
Starting point is 00:23:19 them sold out during, within the first hour or so. So I think he sold, who knows, a hundred thousand plus copies of the book, which is awesome. Um, yeah. And so that was the book launch and it ended and the webinar ended. I was like, why would you end this? Like sell me something or talk some more or whatever, you know, but, um, you know, he ended and that was kind of the end of it. So that was interesting. Now, um, a couple, a couple other things. So number one, the big thing I wanted to talk about was just the fact that information is a commodity. And so thinking about different business models. Hermosies is like give away information for free, give away the commodity.
Starting point is 00:23:53 And then I get equity in the back. With Pace, it's like information's there, but you're building community. Just thinking about that with your business. I think for me it's wrapping information more in community than I've ever done before to increase the value and make it valuable. Number two thing that was interesting is that – and this is – anyway, this hurt my heart as a marketer. But Hermosi didn't send people through a funnel. And his tech stack was interesting. He sent people, I think, to a Shopify page.
Starting point is 00:24:23 And from there, took them to a HubSpot CRM. So it was like Shopify for the product, HubSpot for the CRM. And I know Alex grew up on ClickFunnels, but he always says, oh, we need more enterprise, you're using enterprise software. But the reality is, number one,
Starting point is 00:24:38 is ClickFunnels is enterprise software, especially 2.0. If you guys have been using it lately, it's getting really, really good to do all the things. In fact, Funnel Hacking Live, we're launching the CRM features and a bunch of other really cool things that are insane um but the other thing is like hubspot can't even do a basic funnel which drives me crazy so he used shopify which also doesn't do a funnel so it's just like ah you know he had no no funnel no order form bump no upsell no downsell no no nothing it was
Starting point is 00:25:02 just buy the three books it was there and again i understand alex isn't trying to monetize the thing so i forgive him for that but for any of you guys who are watching that like you know if he sold 150 000 copies of the book his average cart value should have been i don't know on a book launch like that average cart value probably looking 70 to 80 bucks so it done correctly 100 000 copies of the book times 70 books. What's the math on that? Okay, I'm doing math. Let's see. Just 100,000 copies of the book times, let's say $70 cart value, which I think is low. I think you got a lot higher. That's $7 million. Instead of using Shopify and HubSpot to glue together something. If you just would have put that funnel inside of ClickFunnels, that'd have been $7 million net in your pocket day number one. I don't know. So I feel like that was a $7 million mistake in this book launch.
Starting point is 00:25:57 I think he could have made a lot more of the other stuff, but again, his model's not to make money on the info. So I understand that. But it hurt my heart seeing no upsells, no downsells, no order form bumps, no two-step order forms, no like all the things we know that drive a book and sell a crap ton copies of the book were implemented. So that, again, that hurt my heart a little bit. But other than that, as a whole, the Hermosy launch was awesome.
Starting point is 00:26:20 So I love him, grateful for him, love watching him. I think there's a lot of really cool innovative things he was doing in the whole process. And he just gave me some more ideas for our book launch. So my book launch, well, my big, we launched a book recently. You guys probably saw a linchpin book. It was just selling like crazy.
Starting point is 00:26:38 It's one of our highest converting funnels right now, which is exciting. But I have my next big, big book launch in about a year from now. So I'm taking close notes, all these kind of things. And I'm excited. You guys will see what my version looks like here in about a year from now, a little over a year from now
Starting point is 00:26:52 for our big book launch. I think it's gonna be a lot of fun. So thank you, Alex, for doing the launch. Thank you for showing us some new innovative ideas. Thank you guys for listening. Hopefully you got some ideas from it. And just biggest thing is make sure you use ClickFunnels. Don't miss out on $7 million in pure pure unadulterated free profit that is yours just for the taking just just by just structuring
Starting point is 00:27:10 things correctly so that's all i say that's my only hope for you guys if you got nothing else from it um also focusing on community over info um and all the other things so hope this helps i appreciate you all thanks for listening and um that said i will talk to you guys on another episode very, very soon here on the Marketing Secrets Podcast. Thanks, everybody.

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