Category King: Crafting Your Category & Selling A Grand-Slam Offer

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Speaker 2 What's up, everybody? This is Russell Russell Brunson. Welcome back to the podcast.
This episode, I'm going to share with you guys a really cool

Speaker 2 presentation about becoming the category king of your market.

Speaker 2 I actually posted part of this first 14 minutes or so as a YouTube video talking about one of my favorite books called Playing Bigger, which teaches you the concept of being a category king.

Speaker 2 And then from there, I transition over to a presentation I did at my inner circle.

Speaker 2 It was right after one of the authors of Playing Bigger came out to my category king group and did a whole four-hour-long presentation about how to become the category king in your industry, which was really, really fun and really cool.

Speaker 2 And then after that, I did a presentation from my inner circle kind of going through the highlights of it. And so this episode is all about becoming the category king in your market.

Speaker 2 You can hear me talk about it.

Speaker 2 you know, directly from the book, and then from there, we're going to dive over to the inner circle presentation where I went deeper onto how to become a category king.

Speaker 2 Hope you enjoyed this presentation. And if you do, make sure you guys come to Funnel Hacking Live.
We're like less than a month away from Funnel Hacking Live.

Speaker 2 If you want to become a category king in your market, make sure you come and do not miss it. If you go to funnelhackinglive.com, you can get a ticket before they're sold out.

Speaker 2 This is the last dance, the last funnel hacking live ever. We've done nine of them.
This would be number 10, and then we're taking, who knows, five-year break. I'm tired.
So do not miss this show.

Speaker 2 It's going to be insane. It'll be the biggest and the best one we've ever done.
So go get your tickets at funnelhackinglive.com.

Speaker 2 With that said, we're going to jump right into the presentation on how to become a category king.

Speaker 2 In the last decade, I went from being a startup entrepreneur to selling over a billion dollars in my own products and services online.

Speaker 2 This show is going to show you how to start, grow, and scale a business online. My name is Russell Brunson and welcome to the Marketing Secrets podcast.

Speaker 2 One of the biggest mistakes that new entrepreneurs make happens to be the thing that the biggest companies in the world have mastered yet they never talk about.

Speaker 2 And this book is the first book I've ever found that actually explains it in a really cool way. This book is called Play Bigger and you may or may not have heard of this book.

Speaker 2 It's one of the more rare books out there yet this is the one that gives you the key to how to be successful. It all has to do with figuring out how to dominate your market.

Speaker 2 Now a lot of people think dominating the market is all about figuring out like what's the market you're going to go into, right?

Speaker 2 And that's actually the exact opposite of what you should be thinking about. In fact, I want to walk you guys through a really quick process.
This is something I talk about in my book Expert Secrets.

Speaker 2 I talk about figuring out what market you're going to be in, okay? And what we're going to be figuring out today is how can you become a category king?

Speaker 2 So when you think about markets, there are three core markets almost every business falls into, okay?

Speaker 2 These are the three markets. This is health, wealth, and relationships.

Speaker 2 If you go back in time, like a hundred years ago, back when business was first getting started, every business kind of fell into one of these three things right and there weren't a lot of entrepreneurs doing businesses right you had to have a lot of money startup capital and so but almost every business fell into one of these three things and then over time you know everyone was in the health market the wealth market the relationship market like these markets were growing they were thriving and this is when entrepreneurship here in America started sprouting started growing and from there people started saying well how can I be successful I want to start a business so what happens is they go to like the market right so health wealth relationships and the first thing you do is start creating what's called sub-markets.

Speaker 2 So this example, let's just pretend like it's the health market and you want to become a health influencer, right?

Speaker 2 So first he looks like, hey, there's these big companies having success in health, but they're very, it's kind of big, it's broad.

Speaker 2 Like the first thing is moving down from the three core markets, so these are three

Speaker 2 core markets. The next phase is called the sub-markets.
Okay, so inside of health, you might have, for example,

Speaker 2 maybe you've got weight loss, right? That's part of health, but there's weight loss. But there also could be, you know, some want to get stronger, weight gain.

Speaker 2 There could be people inside of the health market who are trying to get their skin to look better, right?

Speaker 2 So, you got skincare, like there's all these different submarkets, and there's literally thousands of submarkets now.

Speaker 2 So, you come back here, we have the three core markets, health-growth relationships, then you have the submarkets, every single thing. Now, you notice initially I painted these all in blue, right?

Speaker 2 Because these are blue oceans. Now, blue ocean is nice because when you first get into it, you're the only person, and you're able to throw your fishing pole in and start pulling out fish like crazy.

Speaker 2 What happens is when a bunch of people say market, that market starts getting red and gets redder and gets redder, okay?

Speaker 2 And the ocean gets bloody because there's 10, 20, 30, 50, 100 people all trying to be successful in the health market. And so the only way to be successful then is to shift to

Speaker 2 the submarket. This is where you figure out your own blue ocean, right? So the very first person inside the health market who broke out and said, I'm just going to focus on weight loss.

Speaker 2 Awesome, they're in this blue ocean, and also they get all the money.

Speaker 2 They're thrown there, you know, throwing their fishing poles out and all the fish are coming in really, really simple, really easy. And someone else is in the next one, the next one, right?

Speaker 2 These are all become blue oceans. Now, this was business, you know, 30, 40 years ago.
The reality is, what's been happening now is that every one of these submarkets have all become red ocean, right?

Speaker 2 How many people do you guys know in the weight loss niche? How many guys, how many oceans do you guys know people in the weight gain in skincare? All these oceans have become red and bloody.

Speaker 2 And so for you guys right now, the next phase people do is say, okay, what's the next thing? Like, what's the next direction?

Speaker 2 And it's coming back here, say, okay, now that weight loss is, you know, it's a red, bloody ocean, I want to move to the third level, and the third level is the niches, right?

Speaker 2 So that's the third level. So inside of weight loss, it's like, well, what do we have in here? We've got, there's the keto diet, right? And then there's a brand new blue ocean.

Speaker 2 And then there's the paleo diet. And then there's, and like all of the different diets start popping up as well, right? Now, this is the world that we live in today, okay?

Speaker 2 There's the three core markets, tons of submarkets, and now we're in the niches. But the problem with the niches is the niches have also become bloody, right?

Speaker 2 And so this is where most of you guys who are beginners are getting to business. Okay, I want to start a business.
I'm going to be in the keto market.

Speaker 2 The problem, though, is the keto market is a red, bloody market. There are millions of people literally competing inside this market.
So how do you stand out? How do you be different?

Speaker 2 How do you become successful? And that's what Play Bigger is all about. Playing Bigger, if you read the title here, it says, how pirates, dreamers, and innovators create and dominate their markets.

Speaker 2 They're not coming in and dominating. They are creating and then dominating.

Speaker 2 That is the key. To become a category king inside of a market, it's all about going and creating a brand new category.

Speaker 2 So for a good example for this, when we launched our company, ClickFunnels, a decade ago, right, where does it fit into? Okay, three core markets. ClickFunnels is in the wealth market, right?

Speaker 2 Helping you make more money.

Speaker 2 You come down here, the sub-market is probably going to be websites, and then from there, it's going to be sales funnels. Now, we were the very first people to come in here, right?

Speaker 2 When we carved out this market, we didn't come into like, okay, there's email market automation, there's email auto-responders, there are all these different bloody oceans.

Speaker 2 I didn't come in and say, okay, hey, we have this thing called ClickFunnels. It does email automation because there was already a bloody market.

Speaker 2 We came in and we were the very first people to say and put on this crown, right? And say, okay, we are sales

Speaker 2 funnels.

Speaker 2 The person who is the category king, it's very difficult to dethrone them in the future.

Speaker 2 So for you, when you're figuring out like what market you want to be into, what you want to do is you want to create your own category.

Speaker 2 After you create your own category, you instantly, by default, become the category king, and now you have time to go and become the biggest person in that industry before all the wannabes and knockoffs start jumping in.

Speaker 2 And so that's what this book, Play Bigger, is all about. It's one of my favorite books.

Speaker 2 I think the title should have been How to Become a Category King, but it's called Play Bigger, and I highly recommend reading it. But if you like, I actually,

Speaker 2 I have a group, one of my higher and mastermind groups, it's called the Category Kings. And we had Dave Peterson, who's one of the authors, actually come and speak to us.

Speaker 2 He spent four hours talking to us, going deep into how to to become a category, how to do category design, how to become that person.

Speaker 2 And what's crazy to me is he said, after the entire like 10, 15 years he's been focusing and teaching this, he said, of all the things in the book, there was one thing that was the very most important.

Speaker 2 And I want to spoil what that is for right now. Now, this was taken from a presentation inside my inner circle.
Every single person who's in the room spends $50,000 a year to be in there.

Speaker 2 And normally we do not let these presentations outside of the walls of that room.

Speaker 2 But I want to take this clip because it'll help you understand how to figure out what the problem is that you can design a category around.

Speaker 2 It It is the secret and one of the craziest things that Dave told us that he learned this process after he wrote the book.

Speaker 2 So this part's not even in the book, yet it's the most important thing to understand and to master if you want to create your own category.

Speaker 2 So that said, let's jump into my inner circle group and watch this presentation about how to become a category team.

Speaker 2 I'm guessing most of you guys are in a spot where you're trying to grow the company you've got, you're trying to relaunch, rebuild, re-something, or maybe you've got a new idea you're working on or something.

Speaker 2 And so that's kind of the phase of my business I'm in right now, which is hopefully be helpful for you guys because I'm thinking through things at a different level.

Speaker 2 And so, these are the conversations I'm having myself and my team. I'm gonna have with you guys to start looking

Speaker 2 at how you look at it.

Speaker 2 It's like literally the same things, you know, as soon as we acquired magnetic marketing, these are the exact same things we're doing with them right now to get this company back from where it is to where it used to be again.

Speaker 2 And so, hopefully, this will be really useful for you guys. Okay,

Speaker 2 I'm gonna pull up my slides. So, the first thing,

Speaker 2 the first

Speaker 2 question

Speaker 2 that I want you guys thinking through,

Speaker 2 and this was interesting for me. So on Monday for the Category King group, we had Dave Peterson, who's one of the authors of Play Bigger, the book about how to become a Category King.

Speaker 2 He actually came and spoke to us, which was really cool. And what he taught us and what I thought he was going to teach us were two different things.
You ever had that before?

Speaker 2 We were like, I've read the book, this is what we're going to do. And then he's like, talks about this for four hours.
We're like, oh. Oh.

Speaker 2 And at first, I'm not going to lie, for a second I was kind of disappointed. And then all of a sudden I was like, oh my gosh, this was like the thing that I needed.
It was really interesting.

Speaker 2 For me, the world that I, like the lens that I look at the world through is always offers, right? Like, I always lead, like, what's the offer we're going to create?

Speaker 2 What's the offer we're going to create? How many of you guys lead with an offer? Right? I think for most of us, that's the lens. That's the lens that I was taught through from like Dan Kennedy.

Speaker 2 For everyone, it's like, what's the offer you're going to create? And then we try to make the best offer and we go from there.

Speaker 2 With category kings, with what Dave Peterson thought was interesting, he stepped one step back. And the first question he asked us all was, like, what is the problem do you solve?

Speaker 2 Now, instinctively, for all of us entrepreneurs, like, oh, pshhhh, easy, got it. Right?

Speaker 2 I don't solve a problem. I solve thousands of problems.
I solve this and this and this and this and this. And that was my first instinct.
I'm like, oh, like, can we skip to the good stuff?

Speaker 2 And he ended up spending two hours on this question. And by the time it was done, there wasn't a single person in the room who was actually able to answer their problem.

Speaker 2 It was really fascinating, including me. I was like, what is the problem I solved? And the problem I solved is different now than it used to be.
So this is

Speaker 2 what we spent. Two of the four hours with him is just trying to answer this question, which was really, really fascinating.
And so let me step back a little bit.

Speaker 2 So how many of you guys have read the book Play Bigger? Okay, if not, it's an amazing book. It's all about how do you you become a category king.

Speaker 2 He talks about most businesses, most industries, when they start, there's a category king that owns a category, right?

Speaker 2 They think about Apple, like they own the category, they own the smartphone category, right?

Speaker 2 And the category king typically sucks up like 80, 90% of the business, and all the competitors come in and they fight over the last 10 to 15, 20% of the business and over the scraps.

Speaker 2 It's really hard to dethrone a category king after they're in their spot. And so the question is like, well, how do we become a category king? How do we do that?

Speaker 2 And I pulled a couple slides from his presentation because I think they're really useful.

Speaker 2 He was talking about how if you think about categories, the easiest way to think about it is when you go to a grocery store.

Speaker 2 You don't walk in a grocery store and wander around hoping to find stuff. You're like, okay, I need canned soups.

Speaker 2 So you walk to the canned soups section, that's the category, and you see all of the different competitors, all the different options, and you pick your thing, right?

Speaker 2 Or if you're like, oh, I need pillows, you go to that section of the store, and there's all the pillows, and you get it from the, so the category is there, and there's all the people inside the category are kind of in the thing, right?

Speaker 2 And so

Speaker 2 it was interesting because he's like,

Speaker 2 people don't think about the product first. They're like, okay, I need to get green beans from,

Speaker 2 I haven't bought green beans, I don't know, what's the, the giant, the jolly green giant. You don't think about the product first, you think about the category first.

Speaker 2 Like, oh, this is the thing I need. You go there, and you start figuring it out.
Now, if you've read any of my books, it's interesting because I look at it through a similar lens, right?

Speaker 2 I think about,

Speaker 2 you guys probably see me draw this doodle a million times, but like all of our

Speaker 2 customers looking for a result, right? All they know is that they want this thing. They want to make money, lose weight, whatever the thing is, right?

Speaker 2 This is the category, the result, the thing that they're looking for. That's what they want.
And then there's a whole bunch of options, right?

Speaker 2 There's like, well, you can do it through the Atkins diet or the Paleo diet or there's all these different vehicles that can get you there, right? And so the result, the problem

Speaker 2 that has happened,

Speaker 2 this is the category, and then these are all the different things inside the category, right?

Speaker 2 And so it was taking kind of what he was saying. I was like, how does this fit into the lens that we look at the world through, right?

Speaker 2 And so I wanted, I'm going to come back to this in a minute, but that was kind of the first thing to talk about with categories.

Speaker 2 And then as they went through category design, the very first thing he says, we start with the problem.

Speaker 2 And he started looking at the big companies that that we know, and he's like, they can all articulate their big problem, the problem that they solve for the marketplace in 10 words or less.

Speaker 2 And notice it's one problem, not a whole bunch of problems.

Speaker 2 Because I guarantee if I said, on a pad of paper, write down all the problems you guys have, how many guys write down 3,500 problems you solve in your business? Right? That's not the question.

Speaker 2 The question is like for the market, for people, like, what is the problem you solve as a whole?

Speaker 2 And these are some examples he shared, right?

Speaker 2 Taxi stink.

Speaker 2 That's the problem. Who solved that one? Uber, right? The end of software.
Have you guys know who solved that one? Salesforce. You go through, my favorite one of this list was,

Speaker 2 I want to surf in cold water longer. That was the problem this person was supposed to solve, and they invented the wetsuit.

Speaker 2 Okay?

Speaker 2 But they're all simple things. And I said that

Speaker 2 all of the problems that the problems you have to try to identify it in 10 words or less, ideally.

Speaker 2 If you go 11 or 12, that's probably fine, but it's got to be a short thing where you can say that really, really quickly and really easily. Now, what's interesting is that

Speaker 2 he was telling us in the meeting that

Speaker 2 one of his close friends,

Speaker 2 he was hanging out with his friend once a week. His friend owned a big company, and he asked his friend, he said, Hey, real quick,

Speaker 2 what's the big problem that your company solves? And the friend told him, he's like, oh, cool. And then he secretly wrote it down.
Next week, he went to hang out with him again.

Speaker 2 He said, hey, remind me again, real quick, like, what's the big problem your company solves? And the guy told him again, kind of annoyed.

Speaker 2 And they did it again, the third week, the fourth week, after five or six weeks, his buddy's like, dude, quit asking me that question. I've told you every single week for the last five or six weeks.

Speaker 2 And he said, ah, check this out. He pulled out his notepad.
He said, every single time I've asked you, you've answered a different way.

Speaker 2 He's like, what's the problem you solve? And I looked at him, and they all were kind of counteracting.

Speaker 2 The next thing he said that when they do category design for companies, he said, the first thing they do is they go to the executive team, they ask everyone in the executive team, like, what's the biggest problem you solve?

Speaker 2 He said, every time, not like most of the time, or once in a while, like every time, every single person on the executive table had a different problem they thought they were actually solving as a company.

Speaker 2 It was fascinating. And so we had a couple people who were in the category Kings group email their teams like, what's the problem we solve? And all the people have different problems coming back.

Speaker 2 And it was fascinating. Most of us can't articulate what is the problem we solve.
In fact, it's interesting because

Speaker 2 as I was sitting there with ClickFunnels, like, I know what the problem I solved seven years ago was. The problem I solved seven years ago was basically entrepreneurs don't have technical ability.

Speaker 2 So it's like we freed entrepreneurs so

Speaker 2 they could build things on their own. That was this problem we were solving.
Okay, that was seven years ago. Today, fast forward to 2021, is that the problem entrepreneurs have? No, I'm not a moron.

Speaker 2 I understand there's like a million different places that have drag and drop builders now that you can build websites. Like, that's not the problem I'm solving today.

Speaker 2 If I'm still trying to solve the problem, the entrepreneurs are free and now you can go and build your own funnels and websites. Like, the market has shifted.
The category has shifted.

Speaker 2 And I'm going to lose.

Speaker 2 He talks about the category kings who don't maintain their status is because they're solving the wrong problem. So with ClickFunnels 2.0, this is the question I'm asking myself.

Speaker 2 This is why I sat there for three or four hours on Monday trying to figure out

Speaker 2 what's the problem I solved today. It's different.

Speaker 2 And I was emailing my team, and everyone's giving different ideas back, and it was interesting.

Speaker 2 So, if you guys want you to think about what is the problem you actually solve today, this is another one that was interesting. He said, just because I'm tired doesn't mean I'm thirsty.

Speaker 2 Can anyone guess what? That's the problem. Can anyone guess the category king of this one?

Speaker 2 Boom, five-hour energy. I don't want to drink a big energy drink.
I'm not thirsty. I just am tired.
And that became, boom, the category and blew up. Okay?

Speaker 2 Interesting. So he said, problems move people, features do not.

Speaker 2 The thing he said was interesting because we thought the meeting meeting with him for the four hours was going to be us designing our category.

Speaker 2 And he told us, he's like, everything I learned about category design, I learned after the book came out. And he said, what was interesting is he said that

Speaker 2 he used to focus on category design up front. He's like, now with companies, we focused on figuring out what is the problem they solve, and then the category appears.
Isn't that interesting?

Speaker 2 We didn't talk about category design once in the four hours. It was figuring out what's the problem we solve.
It was fascinating.

Speaker 2 So what I want you guys to do right now is I actually want to workshop set out. I'm going to leave this slide up so you guys can kind of see some ideas.

Speaker 2 But I want you guys to try to write, and this is going to be harder for,

Speaker 2 again, I thought it was going to be easy. We spent 15 minutes in the group doing it, and I could not figure out what mine was at 15 minutes.
Some of you guys probably won't figure it out.

Speaker 2 Some of you guys are going to be like no, and nail it really, really fast. But we're going to spend three minutes.

Speaker 2 We're turning some music up, and I just want you to try to, in 10 words or less, what is the problem that you actually solve in your business. Sound good?

Speaker 2 Ready, set, go.

Speaker 2 All right, who here feels like they nailed it? Like, I know my problem so clear. Here, Robbie, throw it right here.

Speaker 2 We got a catch box for you. Okay, these are are mics.
You talk into it, and it, yeah.

Speaker 2 Okay, so mine is: personal change takes too long and it doesn't last.

Speaker 2 I love that. Super good.
Okay, love it. Anyone else feel like they nailed it? Robbie, right down there.
Lindsay?

Speaker 2 Human resources sucks.

Speaker 2 That is so true.

Speaker 2 If your dream client's like, oh, yeah, then boom, that's the problem. Perfect, perfect.
Someone over here,

Speaker 2 pick someone. I don't even know.
I feel all nervous.

Speaker 2 The fear of not being enough.

Speaker 2 The problems of the fear of not being enough, cool. Okay.

Speaker 2 I just do one more.

Speaker 2 Advertisers want more digital billboards and there's not enough because of government reg regulation.

Speaker 2 Government. Cool.
Okay.

Speaker 2 Alright, this is something that, again, for some of you guys, it's going to be super easy.

Speaker 2 Most every single person, funny enough, in the category group struggled trying to figure out exactly what this problem was. So don't, again, this is not just a three-minute exercise.

Speaker 2 For me, I'm still churning this through for ClickFunnels 2.0. Like, what is the problem we solve today that we didn't solve before? So, question number one was, what is the problem you solve?

Speaker 2 Question number two, how are others trying to solve this problem right now as well? Okay, this comes down to here.

Speaker 2 This is the category that you are in. The problem creates the category, right? There's a whole bunch of other vehicles, other people who are trying to solve that right now.

Speaker 2 So, how are other people trying to solve this problem?

Speaker 2 Okay, they just walked into the grocery store. They're looking for beans.
You're selling beans. There's a whole bunch of other bean sellers.

Speaker 2 What are all the other things all the other vehicles all the other ways that they could possibly get this result how they could solve this problem what are those how many can you think of um

Speaker 2 let me see

Speaker 2 yeah let's spend let's spend um

Speaker 2 two minutes just listening out as many other as many other competitors as many other um not comp it's not so much competitors but other vehicles other opportunities right so again let's say I'm doing a certain diet plan it's like okay this is my thing there's people who do keto paleo if it's if it's my result and click funnels initially was like okay we're trying to help entrepreneurs make more money how else can they make more money they can make money on amazon they can make money on uh etsy they can make money doing google ads like a million different ways they can do real estate they can like there's a ton of other things so if they're at the the grocery store of your category that solves this problem list out as many as you can listen for two minutes ready go

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Speaker 2 Okay, so now after you figure this out, you figure out this is the problem we solve. The next tier now is figuring out the offer.

Speaker 2 Again, for me, for the last 20 years of my life, this is where I've always started.

Speaker 2 In fact, it's interesting because I think with ClickFunnels, as I'm looking back in time seven years ago, we led with the offer, the offer, the offer.

Speaker 2 And it wasn't until, and somebody has heard me tell a story, it was the sixth time we, the sixth funnel thing that we'd done to launch ClickFunnels, that it worked.

Speaker 2 And the reason why is because my problem was incorrect, looking back in hindsight. The problem we tried to do initially was like, I need to figure out a way that people can.

Speaker 2 Explain it better.

Speaker 2 The problem,

Speaker 2 we had the problem and we positioned it

Speaker 2 as an improvement offer versus a new opportunity.

Speaker 2 When we changed that and made that tweak, that's when it took off, right? And so we come to the second phase, which is offers. And

Speaker 2 as you guys know, especially if you're an expert secrets, you know, there's two types of offers, right? There is an, who knows this one?

Speaker 2 Improvement

Speaker 2 offer.

Speaker 2 And most people in the world, I'd say if you look at Facebook ads, 95% of all Facebook ads, if you look at them, are selling an improvement offer. And so this is what we see all the time.

Speaker 2 So people, for the most part, by default, create that.

Speaker 2 When you're a kid, you learn, like, okay, if you want to make money, all you got to do is make a better mousetrap, right? Have you guys heard that before? Like, that's kind of what people do.

Speaker 2 And so by default, this is where people go: improvement offers.

Speaker 2 If you're selling an improvement offer, it gets really, really difficult to get past it. You know, from one one to three million dollars, it's hard to ever break past that window.

Speaker 2 You can make some money, you can pull some cash off the table, you can do things, but the problem with improvement offers is a couple things.

Speaker 2 Number one, improvement offers are focused on people who have this word called

Speaker 2 ambition.

Speaker 2 How many guys in this room have ambition?

Speaker 2 You guys actually do. You can say that.
Yes, raise your hand. You all have ambition.

Speaker 2 And I'm going to talk about where that actually fits because there is one time that I will allow you to sell an improvement offer, but it's not yet.

Speaker 2 Improvement offers are focused on people to actually have ambition. Now, the reality, if you understand this, is that most people do not have ambition.
Almost everybody does have desires,

Speaker 2 but they don't have ambition. And so,

Speaker 2 when you sell an improvement offer, you're looking for people are coming to you who are trying to get better, stronger, faster. Typically, if there's like an ER,

Speaker 2 an ER after

Speaker 2 what you're selling, like this is a faster way to do this. This is a better way to do this, this is a it's traditionally some kind of improvement offer, right? A new opportunity is different.

Speaker 2 A new opportunity is coming back to what we talked about here earlier,

Speaker 2 right? And you have all these other vehicles, all these other people that claim they can get the same result that you can for your client, right? It solves the exact same problem.

Speaker 2 An improvement offer is saying, hey, this is the car, I can make this car faster, I can make this car better, I can make this car, whatever it is, right?

Speaker 2 A new opportunity is saying, look, these all suck, these are all horrible ideas. Don't do any of them.

Speaker 2 This is the new opportunity. This is the vehicle.
This is the thing that works the best. Seven years ago, when we came to the marketplace, there were so many vehicles people using to get money.

Speaker 2 And so I didn't come in and say, oh, yeah,

Speaker 2 this is a better way to do Google Ads. Oh, this is a better way to do an email auto responder.
Oh, this is a better way, or this is faster, whatever it is, right? I came in saying, look,

Speaker 2 these are all stupid. Like, why would you sell stuff on Amazon? You don't get the lead, you don't get the client, you don't get anything.
Why would you do this?

Speaker 2 Why would you just like, like, we talked against all these things, and we're able to come back and say, look, this is the new opportunity this is the thing and i'm literally trying to get people to shift from from the vehicle they're like get out of that car come into my car and shift over okay and so that's what these are and so

Speaker 2 new opportunity

Speaker 2 okay and so this is the second phase because um my guess is for any of you guys who are in this world Again, if you're here, you've won at least two comic clubs, you made at least a million dollars, you're here.

Speaker 2 My guess is

Speaker 2 I would say 50 to 60% of you guys are probably still selling an improvement offer. And your goal is not to stay at a million, it's to get to 5 to 10 to 25 to 100 and beyond, right?

Speaker 2 And the way to do that is not by an improvement offer. There's always a ceiling here.
In fact, it was interesting. Dave Peterson, the category Kings guy, I wrote this quote down.
He said,

Speaker 2 he didn't call them improvement offers, but he had a different name for them, but it was interesting because he said the same things. He's like, anytime you have something with the ER,

Speaker 2 he said the biggest problem with any kind of thing like that, he said,

Speaker 2 in the mind of the prospect, there's no discernible difference, right? You're like, oh, well, I'm a better version of that. I'm I'm a better person.
And everyone says they're better.

Speaker 2 So in the mind of the prospect, there's a whole bunch of options that are basically the same.

Speaker 2 And when there's no discernible difference between the different options, then they always default to price.

Speaker 2 Ooh.

Speaker 2 Doesn't that suck? Who here wants to default to price? So when you're an improvement offer, you are literally basically in this race to the bottom, right? Like, oh, I do what they do, but I do better.

Speaker 2 Like, well, everyone says that. I do it faster.
Well, everyone says that. And all of a sudden, you're in a race to the bottom.
Look at ClickFunnels competitors that come out, right?

Speaker 2 What do they all say? Oh, our pages load faster than ClickFunnels, and we're cheaper.

Speaker 2 Okay, good luck. We're still winning, right? And 2.0 loads way faster than you now, so eat it.

Speaker 2 Anyway, not that I'm bitter or annoyed or angered. Anyway,

Speaker 2 but do you notice that?

Speaker 2 Like, look at, like, I remember Josh Forty did an interview with, I can't remember the dude, some guy was a competitor of us, and the guy was like talking about how he beat us on all these features and all these different things.

Speaker 2 And Josh is like, you missed the point. Read Russell's books.
Like, the reason why he's still destroying you is because of this.

Speaker 2 Like, the only way you can compete on improvement is by lowering your price.

Speaker 2 I don't know about you guys, but I'm not in the business lowering pricing. Right? Lindsay went from $3.99 to $9.99 and made way more money doing the exact same amount of effort, right?

Speaker 2 Such a better way to do it.

Speaker 2 I do not want any of you guys to be a commodity because if you're a commodity, you will wear yourself out and then eventually you'll just be done.

Speaker 2 So, we've got to create a new improvement. Or excuse me, create an improvement offer.

Speaker 2 Okay, so some of the things to think about, like improvement offers, the reason why these don't work is, again,

Speaker 2 for somebody to say, like, I want to get better or faster or whatever it is, they have to admit that they failed in the past.

Speaker 2 This, with a new opportunity, they don't admit that they failed, they have to admit that

Speaker 2 the last opportunity they tried failed. Okay, when Kaylin Poland was here last time, it was interesting.
She said that the average woman in America goes on eight diets a year.

Speaker 2 Eight. Is that crazy? So they're coming here.
It's it's not that like if you're like hey, you should do another diet diet. This one's better.

Speaker 2 Like, oh, like, they failed over and over and over and over again. And for them, it's just like, like, I'm a failure.
And it becomes very, very hard.

Speaker 2 You have to be the ambitious people who are like, oh, I can work through that. I don't care to get them to say yes.

Speaker 2 But you can come back and say, look, the opportunities, paleo sucks, keto sucks, whatever the things are, like, all these different options suck. This is this new opportunity.
Right?

Speaker 2 Like, Caitlin's new opportunity when she launched Ladybots was fascinating. Like, you looked at what was happening in the market, and everyone had pills and powders and all the stuff there.

Speaker 2 And they had all the different diet plans. And her unique opportunity, she came basically initially when she came out in the marketplace was weightlifting for women.

Speaker 2 If you actually look at the offer and how she structured it, it was like, look, if you lift weights, you're not going to get big and bulky and stuff, you're actually going to lose weight.

Speaker 2 And this is the differentiator. She was the first person in the industry I saw who that was her, that was the new opportunity, the way she positioned it, right?

Speaker 2 And then inside of that, she could self-supplements, all the things, but that was how she positioned it. So, for you guys, the question is:

Speaker 2 in fact, really quick, I'm

Speaker 2 a poll. Think about

Speaker 2 your core offer, the front end offer, the core thing that drives the rest of your business right now.

Speaker 2 How many of you guys have an inkling or a thought that you're probably selling an improvement offer right now? And it's okay. If you do, raise your hand.
Awesome.

Speaker 2 How many guys are like, nope, I got to do opportunity. I figured this out.
Care about 50-50. So this is awesome.
Okay. So

Speaker 2 what I want you guys all to do is I want you to spend a couple minutes on this because

Speaker 2 if you have an offer that you're like, I think this is an improvement offer, I want you to think,

Speaker 2 how can I change that? Or how can I tweak that? Or is it, is there, is it a positioning thing? Because Caitlin's, if you look at Caitlin's fulfillment of what she does,

Speaker 2 not that it's the same as other people's, but it's similar, right? There's a lot of similarities. But she found one piece that she's able to position

Speaker 2 as a new opportunity, right? Which was like, women should be lifting weights because it's going to burn calories, it's going to do all these different things.

Speaker 2 And so, like, that was the piece of her offer she's going to take and turn it into an improvement offer. So, I want you to look at your thing, like, how do I change this?

Speaker 2 It's not a better, faster, easier way to do it, but it's actually like, get out of that vehicle, get out of this thing, and try this instead okay and again this is we're gonna spend three minutes on this this is the conversation of thought that you have to have for a long time in fact right now it's interesting if I look at click funnels okay the new opportunity back then was you need a funnel this is the big secret seven years ago right okay fast forward to 2021 is that the big secret is funnels a new opportunity no it is not and I am fully aware of that My brainpower over the last three months has been, what is my new opportunity?

Speaker 2 I'm in the same, I'm in the middle of it with you guys right now. So don't stress, oh, crap, it's all going to fail.
Russell's in the same spot.

Speaker 2 For me to get from where I am today to where I want to get, I have to create a new opportunity for click funnels. Okay? I'm trying to cross the chasm right now to get to the masses.

Speaker 2 And so I have to do the same. I'm doing the same exercises as you.
That's why it's top of mind. It's why I don't want any of you guys to discounts.
Like, I already know stuff, Russell.

Speaker 2 I already have a new opportunity. I read the book.
Like, no, I'm doing it today. Okay? Because going from

Speaker 2 zero to a million, you got to figure out the thing, and then you got to redo it again, going from a million to ten, from 10 to 100, from 100 to 250, to 250 to a billion.

Speaker 2 That's what I'm trying to get to right now. So I'm doing the same exercises you guys are doing.
Want to understand that? Like this is not something like, oh, this is beginning. Okay?

Speaker 2 How many of you guys remember the story about Vince Lombardi? Best football team in the world, right? First day of practice, came every day and said, gentlemen, this is the football. The foundation.

Speaker 2 Who would have thought that going from $200 million to a billion, the first question I'm asking myself is, crap, what's the problem we solve? And I can't even answer it at this point.

Speaker 2 So don't feel bad, because it shifts, it changes. You got to think back through these things, right? This is the football.
This is the problem. This is an offer.
The correct way to do an offer.

Speaker 2 Okay, I told category kings this I probably

Speaker 2 anyway. Okay, how many of us are gonna hear how stupid I am?

Speaker 2 Okay, funnel hacking live 2018. How many of you were there in Orlando? Very first time we launched the Tucomic of X coaching program.
We launched it, biggest table rush ever had,

Speaker 2 eight figures in a day, I think it was $13, $14 million. First time I was like, oh my gosh, like this is amazing, right? We offered a new opportunity to ClickFunnels audience.

Speaker 2 Okay, fast forward a year later, we're in Nashville. I was like, okay, it worked last time, I'm going to do the same thing.

Speaker 2 Boom, same offer, same pitch, tweeted a couple things, but for the most part, same offer. Guess what happened? Boom, my second $10 million plus dollar day.
I'm like, this is amazing.

Speaker 2 And then, Funnel Hockey Live, Nashville last year, I was like, hey, I'm going to make this better. I'm going to change this.
I act smarter than, and I changed the program.

Speaker 2 I changed the name of the program. I changed, because it works so well, I decided to change everything, right?

Speaker 2 So I get on stage at Funnel Hockey Live, Nashville. Russell should know better this time.
I get on stage, I'm doing the pitch, everything present is hasty, but halfway through, I feel something.

Speaker 2 He has ever spoken on stage and you're like, something's not right.

Speaker 2 And I'm like, as I'm going through and I'm doing it, I'm like, oh my gosh, this is not, like, okay, something's not right.

Speaker 2 Like, I'm not feeling it. Nobody, like, it was just the weirdest feeling.
And I do the close. And two years prior, I do the close.
And you guys seen Funnel Hacking Live.

Speaker 2 Like, there's this line that wraps all the way around. And me and Tyler are doing pictures for like 14 hours.
The line keeps getting longer the longer we're there. This time, we get down to look over.

Speaker 2 It was on this side this time. The line went to about there and it stopped.
And I was like, oh crap, we spent a lot of money on this event. If that line's not at least to there, we don't break even.

Speaker 2 If it's not to there, we make no money. And it was there.

Speaker 2 And then we get home and I'm like, freaking out because we didn't make our money back on the event. I'm like, what happened? What happened? And all of a sudden, I was like, oh my gosh.

Speaker 2 I turned my offer into an improvement offer. And that's what nobody bought.
And I freaked out. And then COVID hit.
And I was like, we need to fix this so the two Comic Club Live happens.

Speaker 2 And I stole bills on the event that we had just done, the $3 plus million dollar event we had just done. And so what do I do? We do 2 Comic Club Live virtual event.
And guess what?

Speaker 2 We reverted back and we launched 2 Comic Club X again. And guess what? It crushed it.
And I paid for the event and saved Christmas. It was amazing.
Kevin?

Speaker 2 So.

Speaker 2 Yeah.

Speaker 2 So the key to this is understanding, like, some of you guys may have nailed it and then you faded away, even though you think you're so smart, like I do.

Speaker 2 I keep making the same mistakes over and over and over again. So, gentlemen and ladies and everybody, this is the football.
This is the foundation.

Speaker 2 Okay, that's why we're spending time here because it's important. All right.

Speaker 2 Okay. Oh, yeah.
Sorry. Workshop.
Three minutes. Okay, so you're three minutes.

Speaker 2 If you feel like you are here, I want you to figure out how can I change positions, what I need different to make this actually a new opportunity, where they are not just making this vehicle that they're already in trying to get the result better, but I'm stepping out of it into a new thing.

Speaker 2 What is that for you? Number two, if you are here, I want you to look at it again and say, wait a minute. Because I bet you half of you who think you're here are actually here.

Speaker 2 Or you transitioned, or you're there, and make sure you're still there, okay? What can I do to make that even stronger? Does that sound good? Okay, three minutes to think through this. Ready, set, go.

Speaker 2 Alright, how many of you feel? How many, like, who are my introverts in the room right here?

Speaker 2 That's amazing. I love it.
So, for those of you guys who are introverted and are nervous about, like, what do I talk to other people about? These are the questions inside this group.

Speaker 2 Like, because we'll understand it. If you see someone like, hey, so what's the problem you solve? Hey, so what's the, what's your new opportunity? How does it work? How do you structure it?

Speaker 2 Like, this is the group that would understand that, and it would be weird, Kev? Okay, next phase.

Speaker 2 If you can hear the sound of my voice, say, shh,

Speaker 2 oh, you guys are so much like me, it's amazing. I keep trying to explain to people, I'm like, no, they're just like me.
You guys know. Kev.

Speaker 2 Alright, so the next phase of this. So now we have, we figured out the problem we've got, we've created a new opportunity, and now this is where this whole funnel world starts coming in, right?

Speaker 2 Back in the day, we would create new opportunity, and all it was was basically

Speaker 2 a product, right? Like, here's my product, I sell it.

Speaker 2 Yeah,

Speaker 2 20 years ago, I'm getting old, 20 years ago, when I came out with Potato Gun DVD, all we sold was the product. That's all it was.
Like, oh, there's a product, right?

Speaker 2 And it worked because there was no competition, it was way easier. You know, we're all jumping in 20 years later, we're men.

Speaker 2 Now, everybody's trying to figure out how to make money, and the competition is up, and so we've got to become better. So, we went from having a product to shifting to what?

Speaker 2 To an offer. So, here's like, here's what we used to sell.
Now it's like we need to increase the perceived value as high as humanly possible.

Speaker 2 So we shifted from an offer or from a product to an actual offer, right? So not only would you get this, you're going to get this, this, this, this, and this. Now it became an offer.
Okay?

Speaker 2 And this was the first phase.

Speaker 2 Sorry, behind my slides.

Speaker 2 There we go.

Speaker 2 And this is like for me, shortly after I launched Potato Gun, this is the very first time I started studying Dan Kennedy.

Speaker 2 And this was the quote, I remember him saying, like, whoever can spend the most money to acquire a customer wins. You guys heard of FHL.

Speaker 2 If you've listened to him, you've read his books, he says it all the time. And honestly, I did not understand it when he first said it.
It didn't make any sense to me.

Speaker 2 I was like, I'm not spending money to, like, I'm spending a buck fifty a day on Google, selling potato DVDs. Like, that's all I'm doing.

Speaker 2 And I'm like, I'm not going to spend any more than that. I didn't understand it until Google slapped me, everything shifted, and I had to figure out a new way.
And so, the first phase was product.

Speaker 2 Second, you know, take this new opportunity and creating product. Second phase was taking new opportunity and creating an actual offer to increase the perceived value.

Speaker 2 Third phase then said, okay, well, now it's getting more expensive to do this. Now I need to be able to spend more money to acquire a customer.

Speaker 2 Now we have to transition to the next phase of the business, which is where we started creating funnels. And what are funnels? Funnels are multi-step offers.

Speaker 2 There's one offer, and there's a second offer, and there's a third offer, and now we shifted to a funnel, right? And for the next, man, 10 years of my business, this was all we had.

Speaker 2 We had funnels, and that was it. But then, guess what? Ad costs kept going up.
Things got harder and harder. And then we shifted from a funnel to,

Speaker 2 what does this look like?

Speaker 2 A value ladder, which is basically then

Speaker 2 another funnel here, and then there's another funnel here. And so, this is kind of the evolution of how this whole world, at least in

Speaker 2 my 20 years of doing this business, this is the evolution, right? From product to an offer to a funnel to a value ladder. Okay, and so for me,

Speaker 2 as I was going through this, again,

Speaker 2 as I've been going through this, it's been functions. I'm going through like, what did I do when I first started my business? What did those things look like?

Speaker 2 When I launched ClickFunnels, what did it look like? And then today, what did it look like?

Speaker 2 And so, a lot of you guys have pieces. How many of you guys have a value ladder right now? How many of you guys have one funnel that's killing it for you and not a value ladder?

Speaker 2 Totally cool, either way. How many of you guys just have a product that

Speaker 2 very few of those anymore? Yeah.

Speaker 2 All of us have had to advance as we kind of gone through this. So, this is a principle

Speaker 2 I just wanted to touch on because I know we know this, but this is where these things come from: is you take our new opportunity, and then again, it used to be a product, now it's an offer, now it's a funnel, now it's a value ladder to be able to actually acquire the customers we need to serve.

Speaker 2 That's the market we've inherited today.

Speaker 2 Okay.

Speaker 2 Number five thing that I've learned a lot that I want to share with you guys is how you structure this offer right here matters a lot.

Speaker 2 A lot more than I think I realized or understood.

Speaker 2 In fact, most of you guys won't have to even change your offer, but by tweaking some stuff, it could exponentially blow up your sales.

Speaker 2 A good example of this, first off, was the ClickFunnels offer. In fact, let me make sure my notes this is where I want to go first.

Speaker 2 So, when we first launched ClickFunnels and I made my very first offer, the way that I structured this offer was: hey,

Speaker 2 what I want you to do is you're going to sign up, and I'm going to give you guys 12 months of ClickFunnels.

Speaker 2 I'm going to give you guys my Funnel Hacks Masterclass, I'm going to give you the traffic thing, I'm going to give you the thing, and that was the offer, right?

Speaker 2 And I launched that, and I did, okay, I probably could have made, I don't know, three to five million dollars off of that offer.

Speaker 2 Okay, and I tested that, we tested that, and then one day during one of our webinars, I had this idea and I was like, wait a minute, what if we change the structure of the offer?

Speaker 2 The offer is still identical, we don't change it, but how we position the offer is going to shift.

Speaker 2 And I shifted how we positioned the offer from when you sign up now today, you're going to get click funnels for 12 months, you're going to get the funnel hacking masterclass,

Speaker 2 those things like that.

Speaker 2 I shifted to saying, look, when you sign up today and you buy the funnel hack secrets masterclass for a thousand bucks, I'm going to give you click funnels for free for the next 12 months.

Speaker 2 Who here wants click funnels for free for the next 12 months

Speaker 2 same offer how we position the offer shifted just a little bit and boom it went from a thing probably a three to five million dollars a year to a thing that'll do two hundred million dollars this year right shifting like how we structure the offer so so so important how many guys have read uh her mosey's new book 100 million dollar offers okay if you haven't it's like 10 bucks on amazon go get it um he's i as long as the timing works he's planning on being here in the room uh next April to go deeper with all of us on this which will be really really fun

Speaker 2 but this is and if you read the book the first half gives a lot of context and teaching stuff. It's good.
It gets really good towards the end.

Speaker 2 We start diving into offer structure and how he structures things and how little tweaks went from him having a business in two or three million dollars a year to him having a business that did a hundred million dollars in three years.

Speaker 2 It was all just tweaking the structure of the offer. Okay, so offer structure is a big deal.

Speaker 2 One more practical version of this

Speaker 2 that's interesting.

Speaker 2 Some of you guys know that recently we bought Brad Callan's company. It was called Brixon at the time.
We changed the name, but how many of you are aware of that?

Speaker 2 So some of his products, one of them is called Doodly.

Speaker 2 It's hand doodle software. You guys seen that? There's a Doodle one, and then there's this one called Toonly, which is this cartoon one, there's little cartoons.

Speaker 2 And there's a new one we're about to launch called Claymately. That's literally Claymation figures.
Like, you guys remember Rudolph the Red-Nose Reinder when you're a little kid?

Speaker 2 You can make that VSLs out of Claymation now, soon. Anyway, so what's interesting is if you look at this, this is a lesson in offer structuring.
So I have two friends that had hand doodle software.

Speaker 2 Both of them,

Speaker 2 he might watch this someday, my other friend. But he launched his hand doodle software.
And after they launched it, I think they did like $1.5 million a year. And then since then,

Speaker 2 they probably make 500K-ish a year off of this product that

Speaker 2 doodles videos, right? Which is good, right? Maybe he's like, yeah, and a QL offer to Comic Club. Ooh, this is amazing.

Speaker 2 And the offer was like pretty traditional. Like, you come here and you buy the product for $97, and then there's an upsell for something.

Speaker 2 It was just a very traditional, funnel, very traditional offer to Comic Club. You look at that and think, man, it was a winner, right? How many has been pretty pumped about that? Okay?

Speaker 2 All right. Now, and this was, he did this with JV partners and relate everyone to email on the list.
So Brad, who's more introverted, doesn't have a bunch of JV partners, things like that.

Speaker 2 He was actually, he joined Inner Circle, oh man, probably four years, five years ago? He joined Inner Circle five years ago. He just sold his old company.
He had nothing.

Speaker 2 In fact, he came on stage and he's like, oh, I just sold my company. I don't really have anything.
It was really weird.

Speaker 2 After the Inner Circle meeting, he went home and he's like, I want to do hand doodle software. And I remember telling him, Why would you do that?

Speaker 2 Both of our friends did this, did a million and a half. Like, it's not a level 10 opportunity.
Like,

Speaker 2 I knew you could do more. And he's like,

Speaker 2 I think he structured the offer wrong. I'm going to try.
Okay?

Speaker 2 Now, this is fascinating. This is how he structured the offer.
So, if you go to doodlee.com right now,

Speaker 2 you'll notice that the offer here, it is, I think it's like 67 bucks a month or something like that. Sign up for it, right?

Speaker 2 Now, nobody has ever, well, that's not true. Some people find this and paid that.
But he doesn't sell it for $67 a month.

Speaker 2 He has a page, it's a secret page, it's like dooly.com/slash Facebook or something like that. And on this page, he says, hey, if you go to the home page, I sell this for $67 a month.

Speaker 2 How would you like lifetime access for $67 because you found this page off of Facebook? Right? So the offer, the decoy is $67 a month. He sells it for $67 one time.

Speaker 2 Okay?

Speaker 2 Same product, product, different way to structure the offer.

Speaker 2 From there, he has an upsell for $97, which says, okay, you bought the software for lifetime max for $67. We have a whole bunch of templates we can give you.

Speaker 2 I think it's like $1,000, $1,000 templates. For $97, we'll give you these templates.

Speaker 2 And then after that, he's got kind of more traditional upsells here.

Speaker 2 So Brad takes this, he launches it, and it becomes a grand slam offer. The way that Hermosi talks on books, a grand slam offer.

Speaker 2 This thing

Speaker 2 started pumping out 500 plus buyers a day.

Speaker 2 The average cart value is like $180 plus dollars, so we could spend, or he could spend $150 to sell a $67 product, and it still worked.

Speaker 2 I don't know what I'm loud as tail or not. Anyway, this company was doing somewhere between $30 and $40 million a year four years in a row.

Speaker 2 And then we bought it because I wanted 500 buyers a day super profitably that we can tell them about this thing called ClickFunnels.

Speaker 2 Same product,

Speaker 2 different way to structure the offer.

Speaker 2 He did this with Doodly, and he's like, hey, I figured out this offer structure that's unique that nobody else is doing. And so then Toonly came the same thing.

Speaker 2 He just took it, new software, same offer structure. Get the software lifetime access, get the upsell, boom.

Speaker 2 ClayMately will be the exact same thing.

Speaker 2 You go to claymately.com, we're going to sell you a monthly thing, but here, lifetime, boom, boom, 500 buyers a day, all come into the ClickFunnels world eventually.

Speaker 2 Isn't that fascinating? So, what you guys think about right now is like, right now, I'm betting that most of you guys have a very traditional style offer.

Speaker 2 How many of you guys feel like I have a traditional style offer? Okay?

Speaker 2 Most of us do, and we're like, oh, it's working. I made a million bucks.
It's good enough. But man, these little tweaks, like how you structure your offer, can matter a lot.

Speaker 2 I showed you this because some of you guys may have software and it's a really good model.

Speaker 2 But some of you guys are different. Some of you guys are more like my funnel hacks.
Like right now, you have an offer and it's like, man, if I just changed it from

Speaker 2 here's what you're going to get when you sign up to like, what's the thing they want the most? Let me give that away for free when they invest in this thing here.

Speaker 2 For me, that took it from a $3 million webinar to a $100 million webinar, just how we structure the offer differently. Does that make sense?

Speaker 2 Okay, so I wanted to open this conversation in your guys' head.

Speaker 2 Again, you're probably not going to solve it right now, but I want to spend three minutes just thinking through your current front offer.

Speaker 2 Like, how can I structure this differently to get it from a good offer to a grand slam offer? Like, what could I do? What's the positioning? How could I tweak some things around?

Speaker 2 Think of any other examples I was going to share if it was just those two.

Speaker 2 Yeah, and again, outside of this, again, my job here is to raise questions in your head if you guys start thinking about, talking about as a group, but highly recommend getting this book and especially the backstar when he starts talking about how they structure their offers and all the different things he's done, just to help stimulate your thoughts and your ideas more.

Speaker 2 So let's spend three minutes writing out, just take this offer, and what ways you can tweak it that you think could take it from a good offer to a grand slam offer. Ready, set, go.

Speaker 2 Now, each of you guys in this room probably have a different mechanism for what I call the opportunity switch funnel.

Speaker 2 Okay, the opportunity switch funnel is the funnel that you lead with where you're taking somebody from the current opportunity they are and moving them into a new one, right?

Speaker 2 So I'm going to write that right here. I'll write in blue because it'll look cooler.
So opportunity

Speaker 2 switch

Speaker 2 funnel.

Speaker 2 Okay, and the goal is to take this off right here and then to turn it into something that we can start driving traffic to, right?

Speaker 2 We're going to take them from their existing, whatever the existing vehicle is over here that they're in and switch them. So the key word is switch, right?

Speaker 2 Now, for each of you guys in this room, you probably have a different mechanism for this.

Speaker 2 How many of you guys is the mechanism that you use to get people into your new opportunity? How many guys is it a webinar at the front end? Okay, very cool. Me too, thank you.

Speaker 2 How many guys is like, no, it's not a webinar, it's a challenge funnel. How many of you guys love challenge funnels? That's the mechanism you use to get somebody a new opportunity.

Speaker 2 How many guys is it virtual events?

Speaker 2 How many guys is it a trip like a book offer to get somebody in.

Speaker 2 Okay, everyone's got something different, right? And I don't really care what this is, it does not matter to me.

Speaker 2 There's so many good things, and it's funny because I can sit in a room with all you guys and debate. Like Pedro was here

Speaker 2 during Category Kings, and he obviously is like, challenge funnels is the greatest thing in the world. It's the best, like, only do challenge funnels.
Everything else sucks. Right?

Speaker 2 I'm like, well, that's true. They're really, really good.
But then me, I'm like, no, just do webinars. Webinars are the greatest thing in the world.

Speaker 2 And Allison Prince is like, no, you need to do both. Because she was doing her, this is fascinating.

Speaker 2 She was doing her webinar funnel and she was getting times a 3x row as on her webinar so three times return on ad spend and then she started doing once a quarter she would do a challenge into her webinar funnel and she was getting 36 times row as on that one and so once a quarter she does a challenge into her funnel and then the rest time just goes into her webinar funnel so that's that's the blend so i don't care what mechanism you use there's a whole bunch of them out there but we got to have one and this becomes the focal point of our business okay typically the opportunity switch funnel that you have this is the one that for most of you has it got you into the two comic club it's the one where you figured out exactly what it is people want.

Speaker 2 You figured out the structure to sell it, so the what and the how. And typically, when you figure out those two things, you go from wherever you are to Tucoma Club very, very quickly.
Right?

Speaker 2 Typically, this is going to be your highest converting thing because you have a true opportunity switch and a really good structure to offer.

Speaker 2 It's the easiest thing to get somebody out of their current vehicle into whatever the new vehicle is.

Speaker 2 Okay, so this is like the thing that the majority of your traffic is probably going to be pushed to at least for the first two, three, four, five years of your business.

Speaker 2 Okay, so if you don't have this yet, I want you to start thinking, like, like,

Speaker 2 what is my opportunity switch?

Speaker 2 Well, the goal of this funnel is to present the new opportunity with a really cool offer that gets somebody out of their old, whatever their old thing was, and into the new one.

Speaker 2 I'm going to jump ahead and backwards because I feel like I need to talk about number seven real quick, and I'm going to come back to six.

Speaker 2 The one thing I want you guys to understand from a number seven point was that every business needs one and only one opportunity switch.

Speaker 2 You don't need two or three. In fact, it'll hurt your business so bad if you've got more than one.
And I know this from experience. So anybody here been following me for more than 15 years?

Speaker 2 Oh, good.

Speaker 2 I know in the category he Joe McCall is like, me, I'm like, crap, somebody remembers. So let me tell you about old little Russell, who was learning this business.

Speaker 2 And thank heavens, many of you guys knew that Russell. So I got really good at this.

Speaker 2 Figuring out a new opportunity and creating an offer. I got really good at it.

Speaker 2 If you guys saw my slides back in the day, I had 100 plus funnels we launched before ClickFunnels. And this is what I would do.

Speaker 2 I got really good at like, what is a new opportunity that is different than what everybody else is doing? It's gonna be amazing.

Speaker 2 Okay, so for example, anybody in this room remember my microcontinuity offer?

Speaker 2 A couple, okay, some of you guys. So, this is an example.
It was a new opportunity, it was a new way to do a funnel, to do a membership site, like it's this new opportunity, right?

Speaker 2 And so, I got so excited about it. I created a course, created a product, and we did this product launch, and it was amazing.

Speaker 2 And we sold, man, we sold, that was of all my, that was like my biggest one. We sold, I can't remember, 15, 20,000 units, this thing.
And people came in because I'm like, this is the new opportunity.

Speaker 2 It's called microcontinuity. It's going to change your life.
It's amazing. We sold tons of people into it, right? And then all the people came in, they bought it, made a bunch of money.

Speaker 2 I'm like, sweet, this is awesome. And then what did Russell do? Making a new opportunity made me a lot of money.
So I decided to make another new opportunity. So I made a new one.

Speaker 2 And three months later, I launched a new new opportunity. And it was just amazing.
It's the greatest thing in the world. The greatest thing is I spread.
I told all the people.

Speaker 2 And all the people who bought microcontinuity, they're like, wait, but

Speaker 2 you told us that this was the best. I'm like, oh, no, that was really good, but this is the new best.
And they're like, okay, okay.

Speaker 2 And so they all dropped that and they came over here and they started having some success. I did the big launch, made a bunch of money.
I'm like, this is amazing. And then what did I do?

Speaker 2 I'm so good at this. So I made a new new opportunity.
30 days or a month later, every quarter I was doing these. So three months later, I wanted a new one.

Speaker 2 And people are like, wait a minute, if I said that was it, and this is, and eventually my customers started getting schizophrenia and they stopped following me.

Speaker 2 And my list went from like really active to less to less to dead.

Speaker 2 Okay?

Speaker 2 Your audience wants to know that this new opportunity you're presenting that you are sold on at 100% and this is the most important thing in the world. We launched ClickFunnels.

Speaker 2 This was really hard for me because I like to create a lot of stuff. It's so much fun to talk and to create and stuff like that.
How many of you guys have problems like me? Okay?

Speaker 2 And Todd, I remember telling me saying, Russell, I spent so much time on this, you have to swear to me for the next 12 months you only sell ClickFunnels. I was like, 12 months?

Speaker 2 Oh my gosh. Like,

Speaker 2 oh,

Speaker 2 okay.

Speaker 2 And so we did, and I started talking about how funnels are the greatest thing since sliced bread,

Speaker 2 how it changes everything. And then if you notice, every day for the last seven years, that's all I've talked about.

Speaker 2 Okay?

Speaker 2 And it's congruent. And you see the results of it.
Funnel Hacking Live, 600 people, 1,200, 1,500, 5,000. I think last one between virtual and live is 6,000 people, right?

Speaker 2 The community grows, the following grows, people because they trust you. You're not saying, oh, this and that, and that.
And like, no, no, no, no.

Speaker 2 This is the reason why most of my competitors have lost.

Speaker 2 I got to pick my new opportunity and I got to die with that thing.

Speaker 2 In 50 years from now, I guess I'll be talking about funnels are the greatest thing in the world. I don't care.

Speaker 2 Even if we're in Zuckerberg's metaverse, there's gonna be some version of a funnel we're gonna build in there. It's gonna be amazing, right?

Speaker 2 But I stick to this. So every company has one and only one new opportunity.

Speaker 2 But you're like, but I want to create a bunch of different things, right?

Speaker 2 And so, oh man, I'm jumping way off my slides. It's okay, though.
Is this direction okay? Okay, we're gonna keep going then. This is probably bullet point number, I don't even know.

Speaker 2 Okay, so then the question is: like, well, how does this work? Okay, and I want to, I've never mapped this out till last night.

Speaker 2 I mapped it out and I had my own aha, and it's like, oh my gosh, this is really cool.

Speaker 2 I've talked about parts of this, but

Speaker 2 if you look at,

Speaker 2 how do I keep losing my markers? All right, if you look at a traditional value ladder, right?

Speaker 2 Down here, your front-end offers. And in the middle here

Speaker 2 are some kind of offers. And the back here is something else, right?

Speaker 2 If you look at everything in this

Speaker 2 phase right here,

Speaker 2 this is like these phases right here where you're selling your new opportunity. This is

Speaker 2 This is where you're focusing on so this is new opportunity

Speaker 2 and you're focusing on people with desire, right?

Speaker 2 And so

Speaker 2 Typically whatever our lead thing is so for me this was my webinar funnel for me it's your challenge funnel you're bringing people in and they come in so like let me to explain this better let me fast forward or rewind back six years ago so we launched click funnels this new opportunity people came in and were like this is the greatest thing to slice bread it's amazing funnels are the are the future this is how you're gonna get the result you want right They came in, and then I was like, I want to, I want to make more money, I want to serve people more.

Speaker 2 What's the next thing? And so I didn't do another opportunity switch. Instead, I did an opportunity stack.
I talked about some expert secrets. It's an opportunity stack.

Speaker 2 Like, what's the next thing, right? So I stack it. And then from here, I can stack the next thing.
Okay? But they're all inside of the confines of my new opportunity.

Speaker 2 So, Funnel Hacking Live 2000, whatever, the first one in Vegas. Anyone here for the Vegas event? I think Mike and AJ were there, like three or four other people.

Speaker 2 Anyway, so we're there, everyone's funnel builders, and we had an audience. I'm like, I could sell them something.

Speaker 2 I had people pitching me because right then, Amazon selling machines, you guys remember amazing.com, it was like blowing up.

Speaker 2 I think one affiliate did

Speaker 2 eight figures in sales, ten-plus million dollar sales affiliate, and they're like, hey, let's come to your event, and you can sell Amazon selling machines to your audience and make a quick, like, you know, five million or whatever it was.

Speaker 2 And I was like, oh, that's tempting, but I'm the funnel guy, and that's not funnels, therefore I'm going to have to be congruent. And I was like, but what do they need?

Speaker 2 Like, inside of this new opportunity that I created, what's the next thing? What's the stack? What's the next thing they needed?

Speaker 2 And at the time, what we said said is like, well, they have funnels, they're doing things, but what's the new opportunity inside of this? And I was like, oh, the new opportunity, you have funnels.

Speaker 2 The new opportunity is that how many guys here would like to be a funnel consultant? And you can take these things, funnels, and make your own business out of it. And that became my opportunity stack.

Speaker 2 Okay, and I knew it worked because in that room,

Speaker 2 I thought for the way we priced it and the size of the room, I thought we were going to sell 50. That was the plan.

Speaker 2 We did the pitch, and everybody ran back. It was crazy.
We didn't have room.

Speaker 2 They were like throwing credit cards back and forth, and people were counting to 50, and they're like, oh, and they walk away. But there was probably two or three hundred people that wanted to buy it.

Speaker 2 And so I remember, like, I mean,

Speaker 2 I said 50, I meant 150. We got more, keep coming.
But, like, it was insane. And that first certification program blew up because I wasn't changing.

Speaker 2 I was, they'd already been sold on this thing, but like inside of my world, what was the next stack? Inside of this world, what's the next stack? Okay, Tucoma Club X was an opportunity stack, right?

Speaker 2 They're in the funnel world, but they're struggling.

Speaker 2 It's like, okay, well, here's the process, here's the path, here's the coaches, here's the thing that they're going to actually hold your hand to take you on that journey.

Speaker 2 And so this whole section of your value ladder is all about,

Speaker 2 again, presenting you opportunity, then inside of that, you start stacking and kind of shifting.

Speaker 2 Now, I told you guys only one time you're ever allowed to sell to ambitious people. Only one time you make an improvement offer.
You guys know where it's at?

Speaker 2 Yeah, it's back here.

Speaker 2 So up back here, I will allow you sell improvement offer.

Speaker 2 Because this is for people who have ambition.

Speaker 2 Okay? How many of you guys remember how hardcore I sold you on this group?

Speaker 2 Okay, this is my big secret. All the people who have ambition in this room have already won a Two Comic Club Award.

Speaker 2 Let's give them a private luncheon and we'll have lunch with them and we'll feed them. It'll be cool.

Speaker 2 And then I'm going to tell them that there's this improvement offer where they can come to Boise and we're going to talk about stuff and they'll get better. And I was like, it's going to be awesome.

Speaker 2 Who wants to come?

Speaker 2 And you guys all came. I didn't have to sell anything because you're all ambitious people.
You just want to improve. You are the freaks.
We're the weird ones.

Speaker 2 We're the ones at the bottom of the funnel who fall through. Who then, Annie talked about last night, become the hourglass, right? So I didn't have to sell you guys a new opportunity.
You're here.

Speaker 2 You understand it. It was like, who here wants to improve? Like, you guys are the improvement.
Okay, the pool is much, much, much, much smaller.

Speaker 2 People that are that way, but they're spending a lot more. So this is the one time only allowed to sell an improvement offer.
It's at the back of your value ladder, but who here wants to improve?

Speaker 2 And then your ambitious people will raise their hand. But because you're looking at 90% of the audience in 10, that's kind of the transition.

Speaker 2 Also, if you do this correctly, these people will become ambitious through the process. So they come in on desire.

Speaker 2 If you cultivate them and you work with them and stuff, they will become ambitious and they will stand up and eventually make sense. How many guys seven years ago were not very ambitious?

Speaker 2 How many of you guys now you're like,

Speaker 2 we need to talk about funnels? This is so cool in Boise. Anyway, okay.

Speaker 2 So coming back to opportunity switch funnels. So we all have one.
This is like the thing we need to be focusing so much time and energy on. And I'm one of the biggest problems with this.

Speaker 2 I have so much fun creating funnels. We're creating a funnel.
Make next one. Make the next one.
Make the next one.

Speaker 2 But this one right here, where the majority of your traffic is coming into, is one that we've got to spend so much time, because

Speaker 2 that's the gatekeeper of what's going to happen, how is it going to grow from there, right? And so we got to spend so much time.

Speaker 2 It's interesting, when I used to, when I first got into the Dan Kennedy world, and Dan talked about this from stage, which was so cool.

Speaker 2 I don't know if you guys caught this or not, but he's talking about when he would take on clients, like a dentist, for example.

Speaker 2 He said they started looking at every single step in the journey, like what was happening every single step. Like, okay, we ran the ads, the phone ring.

Speaker 2 If the ads, you know, if the phone didn't ring, ads were on, on, fix the ads. If the phone rang, did the secretary answer it? And he's like, nine times out of ten, she didn't even answer it, right?

Speaker 2 And then

Speaker 2 this next step, and what'd she say on the phone? Did it create an appointment? They look at every single micro step in

Speaker 2 this journey and they start fixing it.

Speaker 2 Like, oh, well, she's, you know, the three girls are going to lunch at the same time, so the phones aren't answered during lunchtime, which is when most people are at lunch and they're actually calling to schedule appointments.

Speaker 2 So, like, force one of the people to be there, all given times, and all of a sudden, like, that little metric, now it's like, you know, every phone call is being answered.

Speaker 2 They get three times more appointments than everything else in the rest of the rest of the funnel works, right?

Speaker 2 And I remember hearing Kennedy and Bill Glazer talk about this in my mastermind groups with all these offline businesses over and over and over again.

Speaker 2 And after hearing it three or four times in a row, I started thinking about that in my business: like, what's the customer journey in my business that they're going through?

Speaker 2 In fact, if you've read the dot-com secrets book,

Speaker 2 the chapter about

Speaker 2 it's been a while since I've opened this one. The chapter about

Speaker 2 well, somewhere in here.

Speaker 2 I don't think I pulled that one out.

Speaker 2 Seven phases of a funnel. There it is.
Boom.

Speaker 2 Page 95. The first time I ever did this is I did a presentation

Speaker 2 at Dan Kennedy's Peak Performers Group. And I said, you guys always talk about this in your weird businesses.
Let me show you how it works for the internet business.

Speaker 2 And this is where I started really thinking through, okay, hot traffic, cold traffic, warm traffic. Phase number one is the qualify subscribers and buyers.

Speaker 2 And I started mapping out my customer journey. And after I mapped it out, then I was able to go and start tweaking little things to increase it.

Speaker 2 And so for you guys, what I want you to think about is this

Speaker 2 again, this piece of your value ladder, the core funnel that's the opportunity to switch funnels bringing people in. For me, it's the webinar.
For each of you, it's something different.

Speaker 2 This is where we're going to be focusing our attention on every single step in the process, little tweaks and the changes, because a 1% or 2% change here can shift everything for the rest of the value ladder, right?

Speaker 2 It's huge. Like, me shifting the offer in my funnel hacks webinar from the one thing to the next went from a $3 million-year business to a lot more just by tweaking that.

Speaker 2 That's why when those guys are doing webinars, you've heard me say all the time: like, you need a webinar every single week for at least a year to make tweaks and tweaks and tweaks.

Speaker 2 Because, again, it was probably five webinars in before I made that tweak. Had I stopped at the fourth webinar and automated it, click phones would not be what it is today.

Speaker 2 It'd be a much smaller room, like three of us be hanging out, right? So, what I'm thinking about is just like looking at this and going through every step of the process.

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