The Russell Brunson Show - (MS) Linchpin: Two Beliefs Required to Make This Work For YOU - (Part 1 of 2)

Episode Date: July 14, 2023

About a month ago, I did a special presentation for a friend that, for the first time, explained my newest framework called "The Linchpin" in possibly the simplest way yet, starting with the key strat...egy to ClickFunnels' drastic growth in the past. I've cut it into 2-parts, and in this episode I'll break down how we turned ClickFunnels into the success story it is today, and in part 2 we'll show you how to take your strategy to the next level using 'The Linchpin'! 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 With TD Direct Investing, new and existing clients could get 1% cash back. Great! That's 1% closer to being part of the 1%. Maybe, but definitely 100% closer to getting 1% cash back with TD Direct Investing. Conditions apply. Offer ends January 31, 2025. Visit td.com slash dioffer to learn more. You're listening to Marketing Secrets with your host, Russell Brunson. Hey, what's up, everybody? This is Russell. Welcome back to the Marketing Secrets Podcast. And today I feel like I'm giving you guys a huge cheat code. This is something that I have not shared in a free format yet. I've talked about this in my high-end inner circle mastermind group,
Starting point is 00:00:55 which is anywhere from $50,000 a year to $250,000 a year. I shared parts of it at Funnel Hacking Live last year. But this year's Funnel Hacking Live, we're going to go deep into this framework that I call the linchpin, because I feel like this is the best way to grow and scale a business today. Obviously, you all know that I'm obsessed with funnels, but this is the evolution of funnels. It's the evolution of the value ladder. It's the evolution of how we do everything. It's literally the thing that we did to grow ClickFunnels. And it's one little tweak and change we did that we did to grow ClickFunnels. And it's one little tweak and change we did that is the difference between ClickFunnels being like a $10 million a year
Starting point is 00:01:29 business and $100 million a year business was this principle called the linchpin. And it's interesting because I did this when we launched ClickFunnels. It was something that was kind of me and Todd hacking around and we figured out this thing to help grow ClickFunnels. And then after about two years, I forgot about it. And I shifted away from it stupidly as we do sometimes. And it wasn't until about two years ago, I was doing a presentation for my inner circle, showing them how we grew and scaled ClickFunnels. And I realized that I had forgotten and we'd stopped doing the thing that made us amazing. And so over the last 18 months or so, we've been doing this. If you've been watching what I'm doing, you're seeing it. And it is by far the thing that is growing our
Starting point is 00:02:04 companies faster than anything else. We're doing it actually actively today. We're in the middle of doing a challenge with our new supplement company and we're using the linchpin model to grow our supplement company continuity program. We're using it to launch our new personal development program. We did it to launch our video hosting platform. We're using it to grow ClickFunnels 2.0 at an astronomical rate. It is the key. I tease and I joke about it with our inner circle, like, you know, the Mandalorian, where he's like, this is the way. I can tell everyone, like, this is the way. This is the way you grow and scale a company today. And it's through this principle called the linchpin. Now,
Starting point is 00:02:36 again, I've not shared much of this publicly yet. In fact, my social team posted something on my social the other day, like, you know, if you're not using the linchpin, your business will not succeed in 2025 or whatever. And everyone's like, what's the linchpin? What's the linchpin? And nobody knew. And I was like, I haven't actually shared this publicly anywhere. So this is the first time I hope you guys are excited.
Starting point is 00:02:56 Um, this is a presentation I did for one of my buddy Onyx and Gall has, um, a webinar, um, event he does with a whole bunch of people teaching webinars. And I was like, what, what can I share with these guys that nobody else would talk about, right? There's a lot of things you talk about webinars and scripting and the perfect webinar, but I was like, I want something different. So I shared the linchpin formula specifically as it relates to webinars. Now, this is not the full linchpin. There's other pieces, there's high ticket stuff. There's a lot of other pieces that I didn't get into during this. But this is one of the best breakdowns I have of the core principles you have to understand
Starting point is 00:03:30 for the linchpin to work for you. And so I'm going to give you guys this presentation. I'm doing it selfishly for two reasons. Number one, I want you to understand this concept because if you do, you're still using ClickFunnels to build out your linchpins. But number two, it's because this year's Funnel Hacking Live is going to be different than any other year. Most years in the past, I talk about a lot of different things.
Starting point is 00:03:50 This year, everything we're teaching for the four-day event is all pieces of the linchpin. So you will hear these principles reinforced. You'll hear us going deep, deep, deep on them. You'll see best practices, hacks, tricks, tips, whatever you want to call them for every aspect of the linchpin. And so when you hear this, the biggest thing I want you to take away from it is like, I need to be at Funnel Hacking Live this year because this is where Russell is going to spend four days going deep into this framework with us, with some of the greatest marketers
Starting point is 00:04:17 on the planet. So with that said, this is kind of a pre-sale for Funnel Hacking Live. If you don't have your tickets yet, you need to get them. We're like 80 days away from Funnel Hacking Live, which is crazy. It's insane, like less than three months away. So if you don't have your tickets yet, now is the time to go. Go to funnelhackinglive.com, get your tickets. And as you're listening to this presentation, when you think about how this can apply to your business specifically, and after you hear that, then go run as fast as you can.
Starting point is 00:04:45 Get your tickets to Fun Hockey Live and make sure you are there so I can go deep with you for four days on this framework and how you can use it to grow and scale your company. Again, it is the evolution of a funnel. It's the evolution of the value ladder that is the key. All right. With that said, we're going to break this down into two different podcast episodes. Podcast number one is called The Two Beliefs Required to Make thepin work for you. Um, and so that's the first one. And then on episode number two, we'll come back and I'm gonna show you guys three simple keys to building out your linchpin. So that said, let's keep the first part of the presentation. Hey, what's up everybody. Thank
Starting point is 00:05:20 you, Tom, so much for the introduction. I'm so excited to be here with you guys today talking about webinars. Um, and the reason why I'm so excited to be here with you guys today talking about webinars. And the reason why I'm so excited to talk about webinars is because webinars are literally a thing that changed my life forever. I know you guys know that, I know that, but it's completely true for me. And I'm gonna tell you a little bit of my backstory
Starting point is 00:05:37 and then I'm gonna jump into what I actually wanna share with you guys. I know there's so many good speakers talking about all sorts of things from like how to give a webinar, how to do presentations, how to close sales, how to do funnels, like all that kind of stuff. And I have something different. I was trying to figure out what's something I can bring to you guys that's unique, that's different than what anybody else would actually talk about. And so I'm going to be teaching you guys a framework we kind of developed.
Starting point is 00:05:56 And literally it's the difference between ClickFunnels being a $20 million a year company and it being a $200 million a year company. And it's just a little tweak to how we do our webinars that I've never seen anyone talk about or really share. And so it's something that we figured out when we first launched ClickFunnels. We kept doing it and honestly, nobody really copied us, which is kind of surprising. So much so that we almost forgot about it for a season. And then when we realized it, we kind of brought it back and ClickFunnels has been growing now faster than it ever has because of this one piece. And that's what I'm going to be sharing with you guys today. But to kind of step back, I wanted to take you guys on a journey just of kind of how I got to this spot to become obsessed with webinars.
Starting point is 00:06:32 And so, and hopefully this will be motivational for any of you guys who may not feel like you're good speakers. Maybe you're just beginning out your career and you're trying to figure things out. So remember, I'd gotten in this whole internet marketing world. I was geeking out and having so much fun. And this is, man, almost probably 20 years ago now. I was in college. I was wrestling at Boise State. And that was kind of my journey. And I started learning about internet marketing.
Starting point is 00:06:53 I became obsessed with it. I started reading all the e-books and buying the courses and doing all the training and Googling all the different keywords about how to make money. And I kind of became obsessed with that. And I remember I started having a little bit of success here and there. Enough I could make a couple thousand dollars a month here and there. And then I remember at the time there was this big seminar going on and the big seminar was called the big seminars, Armand Morin's big seminar. And Armand was someone who was a mentor. In fact, I remember I used to listen to Armand. He would do these teleseminars back in the day before we had webinars
Starting point is 00:07:19 or videos, he would do teleseminars. And usually the teleseminars would happen when I was at school or whatever. And so I would take the audio of it. would burn it on a cd and I'd burn a whole bunch of cds of Armand teaching internet marketing and then I'd go on these road trips where we'd be wrestling and so we'd be going from Boise up to you know to Oregon we have an 18 hour bus ride and so I'd be sitting in the back of the bus with my headphones on listening to Armand Moore and talk about internet marketing and I got so excited like learning all these things and like understanding these principles and uh and I remember remember about that time he was doing big seminar. I think it was big seminar four or something like that. And that was the big event
Starting point is 00:07:51 in the industry. And I was like, I need to go. I want to go. And tickets, I think were a thousand dollars, which was a lot of money. Plus you got flights and hotels and all the things, right? But I was like, that's what I got to be. I need to learn internet marketing from these people who are doing it. And so I took a little money I'd been making so far, bought a plane ticket, bought a hotel, got a ticket, flew out there, and attended the big seminar. Now, I want you to kind of put this in perspective. Like, this is awkward, shy Russell. I know you have Russell who's kind of like trying to speak from stage, and I talk fast and all kinds of stuff. But I was like the nerdiest of the nerdy.
Starting point is 00:08:23 I had glasses on. I had, you know, I wore a suit and tie because I thought that's nerdiest of the nerdy. I had glasses on. I had, you know, I wore a suit and tie because I thought that's what business people did. I didn't want to be embarrassing. Like I had a buzzed head. Like I was so shy. I was so awkward. So I get this event and all these people, I sat in the back kind of hiding with my laptop, like taking notes, ready to learn internet marketing, right? I just remember the very first speaker got on stage and they started speaking and doing their presentation. I was just mesmerized. It was the coolest thing in the world to see the whole thing happen, right? And so the speaker started speaking and after about 90 minutes or so, he like made an offer.
Starting point is 00:08:51 And I was so confused. I didn't know the business, the industry at all. So he made an offer and also people started jumping up and running to the back of the room. And remember, I think the offer was $2,000. And as people were running back the room, I'm like confused. I look back and I'm doing the math. I'm counting the people. One, two, three, four. So two, four, six, eight, 10, 12. And by the time he was done, I think it was like 50 or $60,000 this guy had made.
Starting point is 00:09:12 And I was like, what did I just witness? Like that was insane. And then I was just, I remember like the thrill and the emotion and all this stuff. It's just like, I saw this thing. And then, you know, Armand gets on stage and announces the next speaker. Next speaker gets on stage and I'm like, okay, I'm going to learn internet marketing from this guy. He's
Starting point is 00:09:27 speaking, talking about whatever. And after 90 minutes, he made an offer for $5,000 packages he'd created. And same thing, people start popping up all over the audience, running to the back. And I'm like, what is happening? I'm counting the people like 5, 10, 15, 20, 25, 30. And that guy made over $100,000. And I started watching this happen speech after speech, after speech, uh, for the three day event. And, um, I was just blown away. Like I had, I didn't even know what I was witnessing. Right. But I was doing the math, figuring out the numbers. And then the very last speaker was a guy named John Childers, who was, uh, at the time was the number one public speech speaking coach, not public speaking, like learning how to speak eloquently on stage and that kind of stuff, but how to speak to sell.
Starting point is 00:10:08 I still remember he got on stage. He's like, there's two ways to make money as a speaker. First way is become famous. The second way is learn how to sell from stage. And he started talking about all these famous people. Uh, they got paid, you know, a hundred thousand dollars to speak on stage or $250,000 on stage. And then he talked about me, him. He's like, he's like, I'm nobody. No one knows my name, but I get made more than these guys for speaking from stage. I know how to speak to sell. And he's like, you guys saw this weekend, I'm nobody. No one knows my name, but I get paid more than these guys for speaking from stage. I know how to speak to sell. And he's like, you guys saw this weekend. You witnessed it, right? And I was like, yeah, I witnessed it.
Starting point is 00:10:29 He's like, if you want, I can teach you how to sell from stage. Then he made a pitch for $20,000 and everyone's running to the back and I'm running to the back and it was chaos, right? And that was my first experience to seeing somebody speak to sell, like one to many selling. And I remember shy, awkward, introverted Russell 20 years ago, who was like, you know, coming to learn internet marketing because I could sit behind a keyboard and a screen and never talk to a human and make money.
Starting point is 00:10:53 And also I'm seeing this. And I remember thinking in my head, I was like, there are human beings who are just like me, who literally put on pants the same way I do, who stepped on stage and made $100,000 in an hour. Like that was more money than I had fathomed in a lifetime. You know what I mean? And they were doing that in an hour.
Starting point is 00:11:11 I saw over and over and over and over. I remember thinking when I left that, I have to learn this skill. I have to learn how to do this. Like it became an obsession. So I got home and I remember a little while later, one of my friends was running an event. He's like, hey, Russell, do you want to speak at my event?
Starting point is 00:11:22 I was like, yes, I would love to. And so I came to the event. All I remember thinking in my head is like, okay, last event I went to, I saw those speakers. They're really good at selling. But like they weren't teaching the best stuff. Like I know way more than these guys do. And so I started going and writing my presentation. And I was like, I'm going to teach them everything I know.
Starting point is 00:11:38 I'm going to blow their minds. They're going to give me tons of money. And so I created this like what I thought was going to be the greatest presentation ever. I get on stage, my very first event, and I taught everything. I did the sell, and I didn't know how to sell. In fact, I remember my close was, I'm not going to insult you like the others. I'm not going to insult your intelligence like the other speakers. I'm not going to try to tell you how much this costs.
Starting point is 00:11:57 All I'm going to do is, you know, it's $1,000 or whatever. So I offered a $1,000 offer, and it was crickets. Nobody moved. Nobody got on stage. Usually when you get done speaking, the person in the back room is supposed to crank up the music so you don't feel awkward as you're walking off stage. That guy, I don't think knew I was done because I just went, you know, my pitch was probably 20 seconds long. And so it was just awkward, quiet. I'm standing on stage. Nobody moved. I'm just like, well, that's it. I kind of awkwardly
Starting point is 00:12:19 walk off and everyone's kind of confused. And then the guy turns the music on and it was the worst thing ever. And so people came over and make Russell, that was a great presentation. Good job. Good job. And like, it was that awkwardness of that whole thing. And then, um, and then, uh, after it all ended next year on stage, I went back and like, so how many did I sell? And, uh, the guy looked at me, he's like, you didn't sell any. I was like, Oh, like, Oh, I was so embarrassed. I wanted to quit. In fact, I did for a few minutes. I quit. I remember I like left the room, beelined to the elevator, went to my hotel room.
Starting point is 00:12:49 I had, you know, a room to stay there for the whole time of the event. So I sat in the hotel room. I was too scared to leave. And for three days, I remember I sat there watching movies on TV, eating Haagen-Dazs and coconut shrimp from room service. That's all I did for three days.
Starting point is 00:13:02 I was like, I'm never going to leave. I don't want to see anybody else. And then when I snuck out the last day to fly home, and I was like, I will never speak again. That was the worst experience ever. But then I kept seeing it, seeing it happen, people doing it over and over and over again. I was like, I have to learn a skill. And so then I hired, started hiring actually public speaking coaches, right? I learned from, from Bill Glazer, Dan Kennedy, from Armin Moore, and from John Childress, from all these amazing speakers. And eventually I learned how to actually sell from stage. then i started going to seminars i would do i remember very first time i sold and somebody bought i actually sold six i made a thousand dollar course and i sold six i
Starting point is 00:13:31 was like i made six thousand dollars this is crazy i kept doing it kept practicing it practicing it um and i kept getting better my presentations are tweaking and fine-tuning things getting better and better and better um and um i'm not during this presentation, be talking about the scripting of it. I'm sure there'll be other speakers talk about that. But just understand that, like, this is a learnable skill. I don't mean the most awkward person of all time to fast forward, like, 15 years later, I had a chance to speak at the 10X stage and did my 90-minute presentation, did my pitch, and we closed $3.2 million in sales in 90 minutes, which I believe is a world record. Nobody has tried, has told me they beat that yet. I haven't seen it yet. Not that, not like
Starting point is 00:14:09 in payment plans, like that was collected in 90 minutes in our, in our Stripe account. So I went from being the worst of the worst, literally blanking, getting zero sales to setting the world record of selling the most. And so I want you to understand like this is a learnable skill. All you guys can learn this is powerful. Learning this like it's different than like just teaching. It's understanding like persuasion and sales and those kinds of things. Okay. And so like I said, there's going to be speakers I'm sure at this event to go deep into the psychology and how to speak and present. And so, um, but for me it's like, um, that was the thing I spent next five or six years on the road speaking, doing, doing stage presentations. And then, uh, 2008 hit and the speaking industry
Starting point is 00:14:44 dried up. And so there were no longer seminars happening around the presentations. And then 2008 hit and the speaking industry dried up. And so there were no longer seminars happening around the world. And so we jumped online. I was like, I have to replicate this. And so we started doing on teleseminars. And so we did, I remember doing teleseminars every single night, selling stuff from teleseminars. And then I remember this thing called GoToWebinar came out. We were all freaking out. Like we can do a teleseminar, but they can see our slides, which was a big deal because most of us had been, at the time we're doing slides at live events, right? And so like, also we're doing these webinars and go to webinar and we started making more money. And so I remember the first year go to webinar came out,
Starting point is 00:15:10 we did 70 webinars and just got better and better and better and crushed it. And we kept doing more and more and more. And then when ClickFunnels came out, some of you guys have heard me tell this story before. ClickFunnels came out and I'm like, how are we going to sell this thing? And so of course I did what every software company does. I made a landing page, had a trial, started driving traffic to it. And guess what happened? Nothing. People weren't signing up. And I kept trying, kept trying. I know how many times I tried to sell this thing. People weren't trying it. But it was a free trial. I'm like, this is crazy. It's a free trial. Why is nobody actually signing up and joining ClickFunnels? Like this is the thing that everybody needed. You know, eight years ago,
Starting point is 00:15:42 eight, nine years ago, like we were the first to market with anything like this. And it was like what everybody needed. And so we're promoting it and like nobody's signing up for it. I was so confused. I remember, um, about six weeks into us launching ClickFunnels, one of my friends like, Hey, I have an event coming. Uh, can you come and speak and sell ClickFunnels? And I was like, well, here's the reality right now. It's free. We have free trial. Nobody's buying it. And he's like, well, I already have you on the sales page. People are planning you coming. You need to give a presentation on ClickFunnels. I was like, what are you talking about? He's like, you have to give a presentation on ClickFunnels. Um, and I want you to sell it for a thousand dollars. And I'm like, Oh, okay. And so I remember still like the event
Starting point is 00:16:15 was starting. It was in San Diego and he was streaming online. So I remember I actually started watching online. I was still in Boise in my, my desk as I'm working on this presentation. I need to create a webinar presentation or a presentation that that I can go to to sell ClickFunnels. And so I pull out my old slide deck from my old products back in the day, and I started just changing stuff over. Okay, well, here's the new offer. Here's the new thing.
Starting point is 00:16:34 What's the presentation? How am I going to craft this thing out? And so I wrote this webinar presentation to sell a $1,000 version of ClickFunnels. I remember finishing it and then heading to the airport, jumping in a plane, flying to this place, got there, got on stage, did my 90-minute presentation selling ClickFunnels for $1,000. And I had no idea if it was going to work or not work. And I did the pitch at the end. And have you guys ever seen Table Rush before? Table Rushes are one of the coolest
Starting point is 00:16:57 feelings. The coolest feeling in the world I've ever experienced is beating someone in a wrestling match. Getting your hand raised is the best feeling. Second best feeling, Table Rush. Like, it is amazing. You see people running, jumping over the tables. And so I did my pitch that day and no kidding, table rush. People are literally jumping on tables, fighting at the back, trying to get the first people to put their credit card in. And I was like, this is crazy. Like I'm just watching this whole thing happen, right? And so that night, I remember we got the order forms and we closed like, I think it was like 60% of the room had signed up for ClickFunnels for a thousand dollar version of it. And remember that night I went to dinner with Todd
Starting point is 00:17:26 and Dylan, who are my partners. We created ClickFunnels together and we're all excited and celebrating. I was like, do you guys understand what just happened? They're like, yeah, we made some money finally. Like, yeah. And I'm like, no, no, no. Like, like we have a presentation that converts. I'm like, yes, I did on stage, but we closed 60% of the room. Like that's rare. That's unique. Like I don't understand like how, how important that or how powerful it is. I'm like, I'm like, I can go home now. And that presentation, I can do it a thousand times over and over and over again. I was like, he doesn't understand. Like, like we're going to be rich. And like, they smile, like we're going to be rich. I'm like, like crazy rich. You have no idea. And so they're like,
Starting point is 00:17:58 okay, what's the next process? I'm like, we're taking this presentation. We're gonna do a webinar. And so the next morning I'm flying home. I start texting people like, hey, I have a presentation that's converged. Do you want to do a webinar with me? And they're like, yeah, do you want to do a webinar? And so I'm texting everyone, emailing everybody I know, and starting doing these things. And so I get back home, and literally this is how we launch ClickFunnels. So I do a webinar. It's the first.
Starting point is 00:18:19 I do the webinar. I'm going to get home to somebody's list. And it did great. And this is one of the lessons I want to give you that hopefully is separate from what I've been teaching us about this framework here in a second. But, um, the, the first lesson we understand is like, I did the webinar presentation actually even one step further. Um, as I was leaving the hotel lobby to, before I flew home, I'm leaving, I met someone in the lobby and they're like, Oh, your presentation was so good. I wish I could have bought it. But the problem is I don't run a supplement company. Um, I'm a coach, so I can't
Starting point is 00:18:44 use ClickFunnels. I'm like, what are you talking about? She's like, well, your case study shows us supplements, and I don't have a supplement company. I'm a coach, so I can't use ClickFunnels. I'm like, are you kidding me? Like, I'm a coach, too. I have coaching. I have courses.
Starting point is 00:18:55 Like, I promise you, you can use ClickFunnels for that. She's like, are you serious? Like, I had no idea. I thought I had a supplement company for work. I'm like, what am I doing? So she ran back in, grabbed two order forms, grabbed two of her friends that came out, and they all signed up while I'm leaving the lobby. And so I realized in my head, like, my presentation only showed supplement funnels. I should show other funnels. So as I'm flying,
Starting point is 00:19:10 I'm editing my slides and like, okay, let me show a coaching funnel and a network marketing funnel. And so I'm like tweaking the presentation. Right. So when I get home to Boise, I do the very first webinar live someone's list. I can't remember. We had like 500 people registered. I did the webinar and man, it's been eight years. I don't remember the numbers perfectly, but it was something like we made 30 or $40,000 in the webinar, which was great. Hey, funnel hackers. I want to talk about building your business. You've got the idea, the passion, the drive, but here's the thing. Setting up the legal stuff can feel like a total roadblock. That's why you need Northwest registered agent. They're like the dream team for business formation, which is 10 clicks and 10 minutes. You can build your entire business identity. I'm talking about formation paperwork, a real business address, premium mail forwarding,
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Starting point is 00:21:31 Their new goals feature automatically saves money for you so you don't even have to think about it. So cancel all your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com slash Russell today. That's rocket money.com slash R U S S E L L. That's rocket money.com slash Russell. Um, and then I had another webinar that was queued up for like four hours later. So the first thing we did is after the webinar is over, I looked at all the questions from go to webinar. We, we took the questions out and I started reading them. I was like, Oh my gosh, on slide 10, everyone's asking the same question, like over and over again. So I went back and I edited slide 10 answer that question. I came down like, Oh, on slide 10, everyone's asking the same question, like, over and over again. So I went back and I edited slide 10 and answered that question.
Starting point is 00:22:05 I came down, like, oh, on slide 32, they're asking this question. Oh, on the pitch, they're confused about this. And so I spent two or three hours tweaking my slides, getting everything done. And then again, three or four hours later, we had the next webinar. And almost the same size. I think it was, like, I think it might have been even less people, like, 450, 500 people had registered and, you know, 250, whatever, showed up. We did the presentation.
Starting point is 00:22:22 And the second time, it did $100,000 in sales. I was like, oh my gosh, this is amazing. So then I took that same presentation, went through it again, pulled out the question, went through it again, kept tweaking, tweaking, tweaking. And I ended up doing that presentation. I did it anywhere from one to five times a week live for over a year.
Starting point is 00:22:41 I think it was like 70 or 80 times I did that presentation live. And every single time I did it live, export the questions, tweak the slides. Export a question, tweak the slides. I 70 or 80 times I did that presentation live. And every single time I did it live, export the questions, tweak the slides, export the questions, tweak the slides. I didn't do it most of the time, which is like, I did a webinar, good, I'm going to automate it. Like I wanted to master this presentation. I got better and better and better and better and better and better. In fact, my hard drive, my computer, every time I would do the presentation, I would take it, I would save that one. And then my next webinar, I would resave it. I have the date on
Starting point is 00:23:03 top of it. And then I would go and I would export questions and redo it. So I have a folder on my computer which has like 80 whatever versions of that webinar, everyone redone, redone, redone, little tweaks, changes, tweak, changes. And over time, that presentation became perfect. I knew that if I was on a live webinar, I would close 15% every single time. If I was in a room, it would be 45% to 50% of the people in the room would close every single time just because we'd done it so many times.
Starting point is 00:23:25 So for those of you who are doing presentations and webinars, understanding that's the magic. Doing the presentation and then doing it again and doing it again and doing it again
Starting point is 00:23:33 and crafting and perfecting it because if I would have perfected it at 8%, ClickFunnels would have done well. But I perfected it at 15%, 16%, I mean twice as much sales for the same amount of traffic, it changes all the metrics.
Starting point is 00:23:45 Everything changes, right? And then I did it for over a year before we ever automated and ever greened it. So there's a couple Russellisms I want to share with you guys before I get into the actual framework because I think those are key things to understand. Like, this is the learnable skill. You got to practice it.
Starting point is 00:23:59 You got to get better. You got to understand presentations, like the psychology, how to actually craft them. And then also it's doing it and then doing it again and doing it again and doing it again. But if you get one webinar that works, um, that'll change your life forever, right? That one webinar went from us having this ClickFunnels thing. We were at the bottom of our business. We were making home that hardly any money at the time. We'd put everything into this, developing the software that wasn't selling when
Starting point is 00:24:20 we first launched it, got one correct webinar pitch and it changed the world, changed us forever, right? Next year, we will pass a billion dollars in sales from that one, from ClickFunnels, which is crazy. We haven't been in business 10 years yet. We'll pass a billion dollars in sales all off the back of this one webinar. So that's the power of what webinars can do for you, okay? But today what I want to talk about is, again, I want to share something unique. I know you have a lot of people talking about a lot of different pieces of the webinar. I'm like, what's the piece I can bring that's different than anything else? And so if we can zoom out real quick, this is the framework we developed. It's called the linchpin.
Starting point is 00:24:53 And so I'm going to talk about this framework. I'm not going to go through all of it. There's a lot of pieces. But I'm going to talk about the two or three pieces that were the big needle driver. This is the difference between ClickFunnels being a $20 million a year company and a $200 million a year company was understanding a couple little pieces here. Now, most of you guys are doing all these things right now anyway. Some of you guys already are doing virtual events. Some of you guys are doing webinars. Some of you guys are doing challenges. Some of you guys have continuity. But if you look through the things, if you look through your business through the lens I'm going to share with you,
Starting point is 00:25:18 a couple of things are going to be uncomfortable because I'm like, but I do it this way, but I do it this way. I'm already doing this this way. It's going to be a little uncomfortable, but these are the shifts and the changes. If you are willing to make these changes, it will exponentially grow your business. Okay. So the reason why we're still able to outspend all of our competitors, even people have literally gotten hundreds of millions of dollars of VC capital because of this framework right here and how it all works. Okay. So again, I call it the linchpin. This is something I only work on right now. We only work on it with people inside of my inner circle and my high-end coaching programs. Eventually we have a book coming out and some
Starting point is 00:25:44 other stuff, but this is the first time I really shared it publicly my inner circle in my high-end coaching programs. Eventually, we have a book coming out and some other stuff. But this is the first time I really shared it publicly outside of just in my world. And so I'm hoping that you guys grasp this. Again, there's going to be some things that it's going to take some of the conventional wisdom and things you're used to and kind of flip them on their head. So I want you to, for a minute, just say no. Instead of saying no, Russell, no, Russell, I want you to say what if. What if Russell's not crazy? What if Russell built a $200 million-a-year company off of the back of one webinar?
Starting point is 00:26:05 Maybe he knows one or two things. Trust him, okay? So that's the kind of game plan. So there's two core principles that we have to kind of lead with for this whole thing to make sense, okay? Principle number one. This is something I learned from David Fry,
Starting point is 00:26:17 who's one of my friends and mentors, one of the smartest guys in our industry. David Fry said something really powerful one time. He said, if you don't have continuity, then you don't have a business. Okay, that's going to hit hard for some of you guys. Some of you guys are like, I have webinars. I make $100,000 a month webinars. Do you have continuity? No, you don't have a business. You have a promotion, which is great. That promotion is amazing. You make $100,000 every single time you do it, which is awesome. But if you don't have continuity, you don't have a business.
Starting point is 00:26:43 Okay, now I didn't understand this. I was just like you for a long time. I was really good at webinars. So I'd go to an event. I'd speak on stage. I'd do a webinar, make a bunch of money. I'd take three months off. Like I, like I get it. Like that was the world that we lived in. Right. But Dave Fry said this, if you don't have continuity, you don't have a business. And for me, that was really hard. I didn't understand it until I started building ClickFunnels. Okay. When I started building ClickFunnels, everything I did, um guys heard of like the principle of compounding interest, or I think Einstein said it's like the eighth one in the world. Compounding interest is great, but what's even better than compounding interest is compounding continuity, okay? This is the key.
Starting point is 00:27:16 When you start shifting and you start building out your business inside what this linchpin model, I'm going to share with you guys, every single thing you're doing, every webinar, every challenge, every live event, every time you go every uh everything is all compounding your continuity program okay and the time i really got this launch click phone started growing and um it was interesting because like our continuity you know you guys have the stripe app on your phone every morning you wake up and then like stripe pops up and it's like how much money you made the night before or that how much money you made that morning whatever it is right pops up every single day it's the greatest feeling world like i remember when quick phones came out i
Starting point is 00:27:46 remember first start popping up it was like i made a thousand bucks today i haven't got out of bed yet this is amazing right then kept doing this process playing this playbook keep adding more people continuity and that continuity start continuity number started growing went from a thousand dollars a day to five thousand dollars a day from five thousand dollars a day to ten thousand dollars a day ten thousand to fifty fifty to a hundred hundred 10,000 to 50, 50 to 100, 100 to 150, 150 to 300, right? And like every morning waking up and like, I have not got out of bed yet. We already made $350,000 today. Like that's the power. Okay. Like having a promotion is great. A whole bunch of money goes away, but compounding continuity is the key. This is how you actually have a business. So number one thing I want you
Starting point is 00:28:19 to think about is whatever it is you are selling, don't sell a course or product one time. Create something that's actually continuity. Okay. And we're doing this now. I'll show you some examples. about is whatever it is you are selling, don't sell a course or a product one time. Create something that's actually continuity. Okay. And we're doing this now. I'll show you some examples. We're doing this with Dan Kennedy's company. We're doing it with our company. It doesn't matter. It can be software, it can be info products, it can be supplements. Like I'm doing it in all those industries. But the core fundamental principle in our business is if we don't have continuity, we don't have a business. Okay. That's the first thing you have to understand. So if you look at the linchpin model right here, down here in this corner,
Starting point is 00:28:45 this is continuity. So everything we have is leading to this. Everything is compounding continuity. The front end traffic, the challenges, the webinars, the live events, everything's goal.
Starting point is 00:28:53 The only goal is to get more and more people into continuity. That's it. Okay? So that's the first premise for you to understand. I promise you guys, this is why most people get wrong.
Starting point is 00:29:03 Like they, at the end of their present, so that I hear is a challenge webinar. So your challenge webinar, then if you say a thousand or 2000 or $5,000 course, make a bunch of money and then it goes away. Okay. Instead we're going to, I'm going to talk about this a minute, but how we shift our offers. So everything's continuity and that will change everything in your business. Okay. So premise number one is if you don't have continuity, you don't have a business. Premise number two is we have to move the SLO. SLO stands for self-liquidating offer, okay? Now, most of you guys in this room, I'm sure,
Starting point is 00:29:31 understand what a self-liquidating offer is. And so I'm going to show you guys what traditionally happens for most people in the webinar business, right? In fact, this is what, when we first launched ClickFunnels, when I first did the first five or six webinars, this is exactly what we did, okay? In fact, this is what, when we first launched ClickFunnels, when I first did the first five or six webinars, this is exactly what we did, okay? So what would happen is we would drive traffic to a webinar registration page, right?
Starting point is 00:29:53 So here's the registration page. People email in here, they submit, and then from there, we would take them to a thank you page. Right? So register, there's your webinar, thank you page, thank you for registering for webinar. I hope you enjoy it. Here's the date and time, right? And sometimes you put in a special offer right here, which is, again, we call it SLO, a self-liquidating offer.
Starting point is 00:30:18 So we might have something where it's like a $17 e-book or a $27 video or whatever. We have something like a self-liquidating offer. Okay, So what people do is they would go and you spend some money over here with Zuckerberg, right? You spend, let's say you spend a hundred dollars in ads. From that, you get 10 people to register. And then from that, you get three people to buy the self-liquidating offer. And hopefully we call self-liquidating offer because hopefully make that a hundred dollars back. And that way you get all the registrants for free. That's the goal traditionally with a self-liquidating offer,
Starting point is 00:30:44 right? Okay. and then from there, then the webinar happens. So you do the actual webinar and the end of the webinar, you sell something, right? You sell your $1,000, your $2,000, your $5,000 course, whatever it is. And this is where most of you guys
Starting point is 00:30:57 actually end up making your money, right? So let's just say for numbers sake, I'm gonna say $1,000. Okay, being sell obviously for everyone, but say this is where you sell your product and that becomes your $1,000 offer. Okay. So that's what we launched ClickFunnels. Um, initially that's exactly what we did. That was the, that was the play. And so we drive traffic, people register, they keep age. We sell, um, whatever it was,
Starting point is 00:31:17 I can't remember. It was a 17, 18, $20, uh, product. Try to cover our ad costs. I do the webinar. I sell the thing at the end. And at first it worked the first four or five webinars, like I'm doing this, making, you know, again, 30 grand first, 100 grand next one, next one, you know, 50 grand webinar after webinar. I'm like, I'm in my element. I'm running, I'm doing my webinars. And, um, and I wouldn't have changed anything, but luckily for me, I have a business partner who's way smarter than me. Uh, so he has no Todd Dickerson. Todd's the one who built ClickFunnels initially. Um, and Todd was like, I didn't get in the software business to get back in the webinar business. I'm like, but what, dude, we're killing, we're making tons of money. He's like, yeah, but all that money
Starting point is 00:31:50 is just one-off sales, right? We don't have continuity, we don't have a business. And Todd was like, I didn't get in the software business to get back in the product launch business. We're launching, you know, like when Russell does something, we make money, but otherwise we don't. He's like, I need, like the whole purpose of this was recurring income. And I was like, well, at the end of, you know, like we're, we were giving people a He's like, I need, like, the whole purpose of this was recurring income. And I was like, well, at the end of it, you know, like, we were giving people a year access to ClickFunnels. So, like, in 12 months from now, they'll start getting billed the $97 a month, whatever it was at the time. So, like, there'll be continuity, but not for a year from now. He's like, we need continuity now.
Starting point is 00:32:16 Like, that's the whole reason why we started a software company. And so, then Todd had this brilliant idea. And it's so simple. It's so dumb. It's so easy. But this is the difference. This is what I want to show you guys, help you guys understand here in this linchpin model. All right, funnel hackers, listen up. It's 2025. And let me ask you, are your B2B ads actually
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Starting point is 00:34:52 That's indeed.com slash clicks. Support the show, save time and find your next hire faster. Remember when it comes to hiring, indeed, it's all that you need. What Todd's big idea was like, what if instead of having our self-liquidating offer here, we got rid of that. And on the thank you page, we gave people a trial to our continuity program. Okay. Really, really simple. And so we did that. And at first it was weird. People registered to pay the thing, they get trial, but we didn't make any money right out of the gate. Right. But they had a 30-day trial, 30-day. And the end of
Starting point is 00:35:25 30 days, then they started getting billed at $97 a month, right? And so we started doing that. We started shifting. What was cool is people registered webinar. From here, we get a bunch of people that would sign for the free trial. Then the webinar happened. The end of it, I would sell this course that we'd bundle with 12 months worth of ClickFunnels. And that was kind of the process. And so we ran that playbook for a year. Okay. Now I'm going to show you guys the numbers, you know, in a year. Because at first, I didn't really get the impact of it until we were a year into business. So ClickFunnels was in business for a year. At the end of the year, a couple of cool things happened.
Starting point is 00:35:54 Number one, we had 2,500 people that bought this, right? So 2,500 people times 1,000 equals what? You guys know the math, right? Business math easy, 2.5 million. And that's a huge success. You did $2.5 million what? You guys know the math, right? Business math easy, $2.5 million. And that's a huge success. Most of you are like, you did $2.5 million in sales your first year? That's crazy, right? In our world, we give away two comic club.
Starting point is 00:36:12 That's two and a half, two comic club awards. Like, this is amazing, okay? But what you would have missed is a couple things. We had 2,500 people who bought the thing. But what's crazy is from this trial, fast forward 365 days from that, we actually had 7,500 people who stuck on continuity. So after the cancel, refunds, all kinds of stuff, 7,500 people stuck on continuity. Okay. 7,500 times $97. I'm going to write a hundred cause it's easier for my, my math brain. $750,000 a month in recurring income times that by 12 months equals $9 million. What? Wait, what?
Starting point is 00:36:50 The SLO trial thing made you 9 million? Most people are missing the 9 million because they're so focused on the 2 million. Okay. Now what I mean by moving the SLO, moving the self-liquidating offer, we started looking at our business different. We started saying this thousand dollars is not our business. For most of you guys, that is your business right now. The thing you sell at the end of the webinar is your business. For me, it's not. This is my self-liquidating offer. Okay. This $2.5 million, I did not pocket any of that. We took that $2.5 million and we dumped it back into ads over here. Okay. So the 2.5 got dumped into ads and kept growing and kept growing.
Starting point is 00:37:26 Everyone kept falling here in the trial. And this became what we call compounding continuity. Kept growing and growing and growing and getting bigger and getting bigger and getting bigger and getting bigger. You guys getting this? Okay. So these two little tiny shifts, two little shifts, and they're not difficult, but it's the shift in mindset. Number one, you have to understand you're not in the course business, you're not in the software, but it's a shift in mindset. Number one, you have to understand you're not in the course business. You're not in the software, but you're in the continuity business. For this model to work, you have to understand. So you have to change it.
Starting point is 00:37:51 Okay, change it from whatever you're selling. From like, I'm selling a $1,000 course to I am selling a continuity program. And it's $1,000 a year. It's $100, whatever it is. Like, it's shifting your business. The thing you are selling is always continuity. Everything else is just appendages to that. And number two is you're moving the self-liquidating offer from the thank you page
Starting point is 00:38:07 to the thing that you think is your business right now will become your self-liquidating offer. Okay. Dan Kennedy, my number one mentor in this business, he always says, whoever can spend the most money to acquire a customer wins. The reason why I can beat everybody else is because the thing that everyone else is their business. I dump 100% of that back into advertising and it brings people back through. And the continuity is the key, okay? So those are the two caveats that we got to kind of get out the door initially for this whole model to make sense.
Starting point is 00:38:34 Is that cool? You guys getting it so far? All right, everyone, that's part one. I hope you enjoyed it so far. Hopefully you're seeing like, oh, this is why Russell's so excited. This is, you know, compounding continuity. Like that's the goal. Like this is gonna be so, so exciting. So hopefully you enjoyed part number one. Again, on part number two, next episode, we're going to go into the three simple keys you need to
Starting point is 00:38:56 actually start building out your linchpin. And so far, those who saw this presentation, especially my internal team who have seen me talk about the linchpin a lot, they said that this is the simplest and the clearest way I've ever taught it before. So it should, if you've been struggling to understand, this should help clear up a lot of things for you and make this even more simple for you. So with that said though, if you're starting to see where I'm going here and why it's so important, again, we're spending four days together in Orlando, Florida in a couple months with the entire Funnel Hacking community going deep on the linchpin at this year's Funnel Hacking Live event.
Starting point is 00:39:27 So if you don't even take it yet, now is the time. Go to funnelhackinglive.com. It's going to be an amazing experience and I want you there. All right, that's it. Thanks so much, you guys. And we'll see you on the next episode.

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