The Russell Brunson Show - WARNING: Don't Stop Fueling Your Fire

Episode Date: December 19, 2018

If you don't want your successful business to die, heed this warning now. On today's episode Russell sends out a warning of why you can never stop fueling your fire. Here is some of the insightful ad...vice in this episode: Find out how Russell learned to always fuel the fire even when he wasn't ready to sell his customers something. See what kinds of things you can be doing to keep yourself relevant in the eyes of your customers. And find out why even when you're successful with a huge following you need to continually put fuel on the fire. So listen here to find out some of the ways Russell fuels his fire, despite having millions of followers between all the platforms. Transcript - https://marketingsecrets.com/blog/warning-don-t-stop-fueling-your-fire Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 There's a hostage situation in the Olympic Village. You're sports. You're in way over your head. People can't stop talking about September 5th. It's a madhouse down here. It's one of the best movies of the year. What's happening? Oh, God. September 5th in select theaters, December 13th.
Starting point is 00:00:15 Hey, good morning, everybody. This is Russell. And I want to welcome you back to the Marketing Secrets Podcast. So, the big question is this. How are entrepreneurs like us, who didn't cheat and take on venture capital, we're 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 answer.
Starting point is 00:00:42 My name is Russell Brunson, and welcome to Marketing Secrets. Hey everyone, it's a crazy rainy day out here. Our weather here in Boise is raining. It wants to snow because we're getting close to Christmas, but it's like just too warm. It's been raining like crazy. We're praying it gets cold so we can get some snow, because that'd be really fun right now. But anyway, I'm heading to the office and just had a recurring theme in my head for the last day or so that I was like, I need to, I need to share this with everybody. So, um, I'm gonna talk about it
Starting point is 00:01:13 first, my own experience and then a close friend's experience. And then, um, some of it, you guys, it's going to be related back to you. So the theme, the message today is you got to keep on putting fuel into the fire. Now, um, I've experienced this three or four times throughout my career. I made this mistake and learn from it. Now, hopefully I won't make this mistake again, but a lot of times what happens is we start having success with something, right? And it starts working, right? This is amazing. And then you stop doing it for some reason, right? So in our business, for example, like we'll start growing a list. We're doing, doing something right to get new customers,
Starting point is 00:01:47 new people in our dorm. We're having fun with it's working also we start building lists then we start we shift our focus from that to like selling stuff and doing things all these things and we forget about the fuel that was that was bringing people in to our to our business and then um and at first you don't notice it because you're having so much success with the existing customers you brought in but eventually it starts imploding and your company will eventually die. I've seen so many people who get into my world and they hear me talk about like, you need to do a podcast a week,
Starting point is 00:02:10 every single week for at least a year. And so they do, they do it for like a month and a month and a half and they start making some sales and they're like, this is so exciting and they stop doing the webinar because like we're making money, things are great. Let's cut off the fuel that's building our company.
Starting point is 00:02:24 That's what happens. And like, logically you're like, I would never do that. But how many of you guys are still doing your weekly webinars? All right. That means you cut off the fuel to your, to your business. Um, all right. So let me step back like a decade ago when I was building my company. And I remember, um, I remember one point for sure. Like I was having some success with making some money, things were working and I was like, this is amazing i started hiring companies start building a team had a bunch of people had an office and then i had this idea for this this website that was going to be like the greatest thing in the world so i started working on it and it took us about six months
Starting point is 00:02:54 to build that website i remember during the process i was like okay i don't want to like email my list other things i don't want to like you know i don't want to like make them upset i don't want to like freak them out because i want them to be ready so when i have this thing to launch and live they'll be ready to buy it. So for six months, I didn't email my list. And then a new thing came out. I was so excited and we emailed the list. A list that normally would get 3,000 or 4,000 clicks if I sent an email to them.
Starting point is 00:03:15 I remember I had 300 opens and 12 clicks. And I was like, oh crap. They don't remember who I am. I'm screwed. I'm in such a bad spot right now because I need money very very badly which is the reason why I did this whole promotion and and they forgot who I was I hadn't been putting fuel into the fire and uh and it was very sad scary lesson right a fire bunch people that lay off staff and then either scramble to rebuild my list rebuild connection with them get new people I remember in my head saying, okay, I will never not email my list
Starting point is 00:03:46 because people forget so fast. Like if I waited a week to email my list, if it takes me three weeks to email my list, like two thirds of my list will have forgotten who I am by that point. There's so much noise, so much things happening. Like you have to always be out there. That's the reason why I'm doing Instagrams every day
Starting point is 00:03:59 and Facebooks every day and podcasts every day and all these things every single day because I need to keep fueling the fire. Fueling the fire is what builds the empire. And so I had a friend over last night. We were talking and he's going through a tough time now. And we started talking and it was funny because he's at a couple different businesses. And all of them he had stopped putting the fuel.
Starting point is 00:04:18 For his local business he had stopped the fuel. And he just restarted it. And he was like, it's killing it. We're doing it awesome again. I'm like, yeah, but what's the lesson? He's like, I forgot to put fuel in the fire. I'm like, yeah, you got to keep doing that. Like even when things get successful,
Starting point is 00:04:29 you got to keep doing the things that are bringing fuel in the fire. And that same person has a webinar and he was doing the weekly webinar for a long time, making much money. And then he stopped because he started selling other events and things like that to this list.
Starting point is 00:04:39 And it worked for a while. And then attrition started happening and atrophy or whatever you want to call it. And then it slowed down. I said, start doing the weekly webinar. I get back, but that's the fuel that builds, that builds the business that keeps doing it. Um, same friend has a podcast and he's like, I used to podcast a couple of times a week. I haven't podcasted since June. And it's like, you got to keep fueling the fire. You got to keep fueling the fire. Even if you have success over here, you can't stop fueling the fire. Um, and so that's just kind of the
Starting point is 00:05:04 message for you guys today. This is a very short one. I fire. Um, and so that's just kind of a message for you guys to say. This is a very short one. I know. Um, partially because funnel Friday starts in like five minutes and you got to run in there and get it all set up. So I'm a little late. Um, but I just wanted you guys to think through that because you guys are gonna go through these cycles of like, you're focusing on like, how do I make it rain? How do I feel the fire? How do I bring people in? And you're doing that and you're doing that and you're doing that. And all of a sudden your list and your customer base will start growing. And then what's going to happen is I'm warning you for those who haven't done it yet. And I'm reminding you for those who have, you're doing that, you're doing that, you're doing that. And all of a sudden your list and your customer base will start growing. And then what's going to happen is I'm warning you for those who haven't hit it yet. And I'm reminding you for those who have, you're going
Starting point is 00:05:29 to shift your focus and you should, you should be shifting some portion of your focus to that audience and serving them. And like, what's the next thing they need and how else can I, like, what can I do as an event is whatever. But the big thing is like, you can't stop. You still have to like tie in. Like I have to keep fueling the fire. I have to keep fueling the fire. Okay. In our company, like we now have John Parks on my team who literally his entire job is adding fuel to the fire, right? Like, um, he, he runs the traffic side of things. So he's always doing things. And for me and my content, like I keep creating podcasts. I got to do at least two podcasts a week. I got to do at least, um, this many emails. We're going to do, we have these like metrics we
Starting point is 00:06:01 have to keep doing, you know, we have to keep growing the webinars, at least a thousand people a week to register for the webinar. We have to keep growing the webinar. We have to get at least 1,000 people a week to register for the webinar. We have to keep doing this. We just have these numbers that we just keep doing because we know that's the fuel for the business. I could easily stop right now. I could stop doing all this stuff. People are like, why are you still on Instagram? Why are you still on Facebook?
Starting point is 00:06:16 I could stop all those things, right? But I know what would happen in six months or a year from now if I stopped those things today. I can tell you how many friends I have who've been in this industry as long or longer than me who were killing it one time. They built up a huge following of people and then they stopped and they kept messaging following. The problem with that is like it's always either constantly growing or shrinking. Right.
Starting point is 00:06:35 And so if you stop bringing new fuel in the fire, new people in the front end, um, that your existing list, while they might be hot and responsive now, it'll continue to, to, to get worse and worse and worse. Eventually, um, you're out of business. And so, um, this is, this is the, uh, the warning to you all continually put fuel on the fire. Um, you know, initially you start your business, it's going to be a hundred percent of your effort because you have no fuel.
Starting point is 00:06:58 You have no people, you have nothing to sell, you know, no one to sell to. So it's like focusing, focusing, focusing a hundred percent of the time. And as customers start coming, you start shrinking and shrinking it. But I would say, man, I would, I would spend like at least 50% of all your time on like fueling the fire and the other 50% on like serving the people you have in there. But I wouldn't drop below that because if you do, it'll start to shrink and shrink and eventually disappear, which is the worst thing for all of us. So, all right, there's your word of warning. Fuel your fire. Keep it going.
Starting point is 00:07:26 Do not stop. Even when it seems like I don't need to do this anymore because I got this big following and people love me. Look at me and say, wow, Russell's got over a million people between all the platforms. I think we've got a million and a half on email lists. We got 700,000 on Facebook, 200,000 Instagram,
Starting point is 00:07:41 you know, all these different places. And yet you keep fueling the fire. Keep fueling the fire because I know I will become irrelevant if I stop. All right, guys. And yet you keep fueling the fire, keep fueling the fire. Cause I know I will become irrelevant if I stop. All right, guys, I'll get a message from Melanie saying, where are you? Filling Friday starts in two minutes. I gotta go.
Starting point is 00:07:52 Appreciate you all. Don't forget to fuel your fire continually, consistently. If you do that, your business will live a long, happy, joyful life. All right, thanks everybody. We'll talk to you soon. Bye. Want more marketing secrets?
Starting point is 00:08:02 If so, then go get your copies of my two bestselling books. Book number one is called Expert Secrets, and you can get a free copy at expertsecrets.com. And book number two is called Dot Com Secrets, and you can get your free copy at dotcomsecrets.com. Inside these two books, you'll find my top 35 secrets that we've used to become the fastest growing non-VC backed SaaS startup company in the world.

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