Marketing Secrets with Russell Brunson - The What And How

Episode Date: May 22, 2017

The secret from going from zero to a million dollars is all about identifying what it is you're selling and how you're selling it. On this episode Russell talks about being able to have the "What" yo...u're selling and "How" you're selling it, to be able to go from $0 to $1 million. Here are some of the awesome things Russell talks about in today's episode: Why you need to be doing a webinar weekly that you can tweak and change to be able to figure out what you should be selling and how you should be selling it. How to use your creativity as an entrepreneur to change things to what your customers want. And why once you have figured out the "what" and "how", making a million dollars will be fast and easy. So listen below to find out why figuring out the "what" to sell and "how" to sell it can take you from 1 to 7 figures a year. Transcript - https://marketingsecrets.com/blog/the-what-and-how Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:01 So, the big question is this, how are entrepreneurs like us, who didn't cheat and take on venture capital, who are spending money from our own pockets, how do we market in a way that lets us get our products and our services and the things that we believe in out to the world and yet still remain profitable? That is the question and this podcast will give you the answers. My name is Russell Brunson, and welcome to Marketing Secrets. What's up, everybody? This is Russell Brunson, and I welcome you guys to Marketing Secrets.
Starting point is 00:00:35 I hope you guys are having an amazing day today. It's beautiful out here. I came out this morning, and I heard birds chirping. I just chased some ducks around and having a good time. So it hit me a little bit of a cold too, so I apologize if my nose sounds a little funny. But today's an exciting day because we have a FAT event, which means, I think we have 40 people coming to this event.
Starting point is 00:00:56 And so, probably two-thirds of them are Inner Circle members, which is just always fun for me. And a third of them are people who have coming, who signed up at the Funnel Hiking event. All of our events are called the same thing, Funnel Hiking Live. Anyway, so Funnel Hiking Live. It's gonna be a fun three days.
Starting point is 00:01:15 The first bad event, I did the whole thing myself. This time we're transitioning, I'll be doing about about a third of it, a little more than a third of it. And Steven's gonna be doing the rest. It's gonna be kind of fun to see him start taking the reins on this thing and start running with it, as I'm working on some other cool things.
Starting point is 00:01:33 Anyway, I'm just excited for this week, it's gonna be a fun one. We also are making, so a couple other things, Funnel Hacker TV is going live this week. We've been doing the Behind the Scenes show for six episodes. Today's episode number seven will come out. Wednesday episode number eight will come out.
Starting point is 00:01:50 And then Thursday we're gonna be doing the grand big opening for the big show, which is kinda cool. So Kevin, who's been doing the Behind the Scenes show, is actually gonna be in Boise today. He's coming to the FAT event, so I had a chance to meet him, which is really cool. And then Brandon Fisher, who's done Thumb Hacker TV,
Starting point is 00:02:08 excuse me, he's finishing up a bunch of episodes, and so we're gonna start a launch now this week, which will be cool. Because we just got another book launch, which means, you know, the pros and the cons. Like, it's been fun because we're selling a lot of books and doing stuff, but it's also kind of annoying because you're always selling stuff.
Starting point is 00:02:20 So, next few months, we're just gonna give back and just gonna be giving cool content. We also figured out last week this really cool way to put together the Russell Brunson blog plus the Marketing Secrets podcast that you're hanging out with me right now as well as the third piece of this. Oh, it'll be Funnel Hacker TV. So come probably in a day or so if you go to any of those domains, RussellBrunson.com, FunnelHacker.tv, or MarketingSecrets.com, you'll see that all three blogs are kind of hooked together,
Starting point is 00:02:53 all on their own different journeys, and it's going to be cool. That way it'll be faster for you guys to come in. After you discover me and find stuff to come back, and they'll start diving deep into all the different things that we're publishing. So really excited for that. And I don't even know what the best thing to share with you guys is this morning. So many cool things that we could talk about.
Starting point is 00:03:13 This last week has been just so cool. I'm getting pulled into some really cool things and grateful for it. I'm sure I'll be sharing and documenting a lot of the process with you guys here over the next few weeks, which is pretty cool. I think the coolest thing to talk about today is, I talked about this last week during, so we did the big product launch, we spent the first three or four weeks launching the book, sold I think we're at 56,000 copies of the book now,
Starting point is 00:03:47 54,000, something like that, which is insanely cool. And at the end of it, we did this cool seven day launch where I basically got up on stage and I taught for three days, three hours a day for three days, so nine hours. And it was kind of cool because it was, as soon as you finish a book and you send it to the printer, it's like, or the publisher, it's like done,
Starting point is 00:04:03 out of your hands, you can't like jack with it or mess with it anymore. There's other things I wanted to add to it looking back now. I'm like, dang it, I wish I would have done this. You know how it is. But I wasn't allowed to. I wasn't able to. It was kind of cool because the three days was like I got a chance to teach the stuff that was in the book, but I wanted to go deeper on, or stuff like that.
Starting point is 00:04:27 And so the master class was cool, but we kind of modeled Brendan Bouchard's seven-day launch. And so basically each day we'd show it, and then it would be up for 24 hours, and we'd pull it down. And we'd show the next one, pull it down,
Starting point is 00:04:37 show the next one, pull it down, and then in the middle it made an offer. And so we launched our two-comma club coaching, which was really, really cool. And so a lot of those. And then we closed it down last night at midnight. Actually, I passed out.
Starting point is 00:04:49 So I woke up this morning and shut it down. But I'm kind of glad I passed out because we made an extra, like, I don't know, a lot from the time I passed out, the time that I was supposed to shut down and the time I shut down early this morning. So it was pretty cool. I hope you guys watched that process. One of the things I talked about in there
Starting point is 00:05:07 and I've shared a lot with the Inner Circle members as well was just, what's the process? What are the phases in a business? It's interesting. I read books before that talk about this, but more from a business standpoint. How to go from zero
Starting point is 00:05:24 to a million, a million to ten, 10 to 50, 50 to 100. And I always talk about management teams and who you hire and all that kind of stuff, which is all good, but I'm more interested from a marketing standpoint because it changes as well. So what are those different phases? How do they go? And so it was kind of cool.
Starting point is 00:05:40 I taught that and so I showed like you're going zero to seven figures a year. It's all about like, it's all about like figuring out what it is you're selling and how you're selling it. Which is funny because most businesses never make past a million bucks a year. It's because they don't know what they're selling
Starting point is 00:05:57 or how they're selling it. Or they know what they're selling, but they don't know what their customers want. So I call this the what and how phase. Like what is it you're selling and how are you selling it? And during this time, for you as an entrepreneur, it's essentially being creative. You're being creative by making different things and ideas and products and businesses and offers. You're doing a lot of stuff until you figure it out. And as soon
Starting point is 00:06:14 as you figure it out, one of the things, the products and businesses and offers, you'll be doing a lot of them. One of them will hit and it's like, ah, this is what people want. Sweet. I got the what and how. I know exactly what they want. I got the one now and it was that what they want and know how to sell it and then from there that's what you know that's always tell our people like focus on create a webinar to sell your product and then you just keep you a week in a week out under that time you're shifting the product shifting the service you're making change change change you know whatever it is and then she's for that boom then you can start scaling the transition to phase number two which is going from zero or from a four million
Starting point is 00:06:44 to ten million. And during this time, it's funny because I was always, I think I always fought this phase because of my fear of, like I had so much fun in the creative part of creating businesses and offers and things like that, and I was afraid I was gonna lose that if I started focusing on one business. It's funny, which I think a lot of entrepreneurs either fear subconsciously or consciously.
Starting point is 00:07:07 Who knows? But I know that I feared that. And as soon as I realized it, I was like, wait a minute. No, it's a creativity switch. I'm switching my creativity from launching new businesses and offers to this is my business now. I figured out the what and how. Now I'm going to be focusing on how I can use my creativity to make new offers, bring people in. Or how can I sell people in the back end and here really focus on on the three phases to grow business like acquisition
Starting point is 00:07:30 funnels ascension funnels and monetization funnels and that's kind of next phase and the third phase after you got that figured out is you're shifting your creativity from new offers to shift your creativity to traffic it's been fun cuz that's kind of where I'm at in fact last week we had a whole meeting with our traffic team. I told them, I'm like, this is now, my focus is here. It's like, we have enough offers,
Starting point is 00:07:49 we have enough, you know, all the pieces are in place now for our company. You know, and we're racing to seven, eight, nine, to nine figures a year. Sprinklers are coming on. Hope I don't get soaked. Anyway, I'm outside. For those who are listening,
Starting point is 00:08:04 I'm outside in my backyard. You can see all the birds chirping. Anyway, so I'm transitioning my focus to the traffic side. The cool thing about the traffic side is it doesn't take you, the entrepreneur, as much. The creativity in the businesses and offers is entrepreneur-driven. The creativity in front-end offers and back-end offers is usually entrepreneur-driven. Creativity in traffic a lot of times can be driven by other people, which is kind of cool. For me, I'm excited. I'm transitioning to
Starting point is 00:08:29 this phase where hopefully I'll be able to take the foot off the creative gas and focus on the traffic stuff. Anyway, I guess what I really want to share with you guys today is because I went through this again last week. We launched the Two Comic Club coaching, which we shut down this morning. We shut down just the coaching piece of it. Did just shy of a million. But with rebuilds, we'll be past a million. And it's cool because I figured out the what and how, but I did it over a four-day period of time. A lot of people spend years, two years, three years.
Starting point is 00:09:02 So we launched. So we started doing it. And part of it, like you feel. So I did the seven-day launch, right? And I'm doing the training and it's working. I can feel it, like, okay, it's good. Number two, I did the training, but then I actually did the webinar. And as I did the webinar, because I teach webinars, it's kind of a cool thing. I was teaching webinars, so I showed a webinar, right?
Starting point is 00:09:17 And the webinar happened to be pitching the thing I was going to be selling at the end of this thing. So people got to watch me pitch them. And as I was doing it, I could, like, instantly as I'm doing it, I can feel, I don't know about you, but you can feel like, ah, I did this wrong. There's parts of me I did wrong. So I was super aware of that. So the next day I came back and I like had this cool opportunity
Starting point is 00:09:33 to kind of to reteach or like to show what I did in the webinar. And because I was aware, I was like, these are the parts I messed up on, this is why I should have been different. If I didn't want to do it in the future, I was kind of tweaking, but I kind of walked the audience to them and I was able to go back to my clothes again as I'm showing, I was like, these are the parts I messed up on, this is why I should've been different, if I didn't wanna do it in the future, so I would tweak things, I kinda walked the audience
Starting point is 00:09:46 and I was able to go back through my clothes again as I'm showing, teaching them how to do clothes and kinda re-close people. And that day sales started going crazy, so I was like, cool, I figured out the how, I'm kinda figuring out the what and then the how, and then that day after we got done, I was like, wait a minute,
Starting point is 00:10:02 I think my pricing's wrong on this. Like there's something weird in my gut, like I just like, wait a minute, I think my pricing's wrong on this. There was something weird in my gut. It was weird because I got done with the presentations and I wasn't tired, but I kind of felt bummed out because I was like, it didn't quite do right. And so the third day after the whole thing was done, we sat there for like an hour and we were talking about pricing and things like that. And all of a sudden I shifted and I was like, yes, this is the right pricing strategy. So we shifted it. And it doesn't really matter for you, I could go into the details of the pricing strategy, but that's less important, as much as important of like,
Starting point is 00:10:31 as I was doing this offer live in front of everybody for four, five, six, you know, and then when we had urgency and scarcity, it was about six days from beginning to end. The whole time on the fly I was shifting things. We shifted the presentation, shifted the offer, shifted the price point, shifted like, we got shift, shift, shift, shift.
Starting point is 00:10:48 All of a sudden it was like, we found a sweet spot. It's like, yes, this is it. And then it started just going crazy. And so what I'm telling everybody, what I'm telling you is like, do a webinar a week, every single week. And every single week you're making shifts and changes. It's because it's not saying like, do the exact same webinar every single week
Starting point is 00:11:01 without changing it. It's like, no, do it. And then you're like, okay, what was wrong? What was my pricing wrong? What was this wrong? And you're like, okay, what was wrong? What was my pricing wrong? What was this wrong? And you're shifting, shifting, and keep over and over and over again. And what will happen is that typically for most people, the first time is taking three or four weeks, maybe a month,
Starting point is 00:11:14 maybe two months of shifting and changing, shifting and changing, until boom, you hit it. You figure out, boom, this is the how and wow. This is the what and how. And since you figure out the what and how, then boom, it just blows up, right? But we're able to get live in a six day period of time because we were getting traffic,
Starting point is 00:11:30 we're doing stuff that's happening, we were able to shift things faster. I think the better you get, the faster you get and really identify and figure out the wow, the, I keep saying wow and how, the what and how, what you're selling and how you're selling it. Because I honestly think as soon as you figure out
Starting point is 00:11:42 those two things, like what are you selling and how are you selling it, the what and how, I think a million dollars is fast and easy and simple. But most people never get past that. And so it comes down to you throwing an offer out there, trying it, fails, trying, fails, trying a little better, trying, boom, boom, keep doing it, doing it, doing it,
Starting point is 00:11:56 and all of a sudden, boom, it hits. And then you hit the right what and how, and when you got that, then it just takes off. So anyway, I hope that helps you guys because it's happened to me this weekend and we did it and we shifted things in the middle of creation and that's how we were able to close out the week so strong.
Starting point is 00:12:14 So anyway, there you go guys. The what and the how. Figure that out. What are you selling and how are you selling it if you focus on that. And you know when you hit it because you'll hit because like you'll be able to almost instantly scale to a million bucks. Honestly. That's how you know when you hit it.
Starting point is 00:12:32 And as soon as you figure that out, you hit a million, then you transition to the next phase. But for a lot of you guys, that's the phase you're in right now. So let's think about that. Think about that. What are you selling? How are you selling it? Because let's say you figure out the right product you feel the right selling mechanism then you're screwed right comes down to like really identify like what are you're selling and then how
Starting point is 00:12:49 sometimes you have really good selling mechanism like I'm webinar converts my product sucks nobody it's not growing like like you're confused like it's not great why I kind of scale the things because you got the wrong product right selling system it's wrong products you gotta fix those things anyway that's what I got you guys that said I'm to go in and get ready for the day. Fat event's starting. I'm going to wake up my kids. I'm excited. Appreciate you all. And we'll talk to you guys all again soon. Bye, everybody. Would you like to see behind the scenes of what we're actually doing each day to grow our company? If so, then go subscribe to our free behind the scenes reality TV show
Starting point is 00:13:23 at www.funnelhacker.tv.

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