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John Lee: Do This to Turn Your Content Into Income — Transcript

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  1. 0:00Well, you can't stop it. Eventually,
  2. 0:01everything on social media will be AI.
  3. 0:03But here's the funny thing. If I look at
  4. 0:05my avatars, they're actually
  5. 0:06outcompeting my own videos. You know
  6. 0:08what they say? I know it's AI, but I
  7. 0:09don't care cuz the information's good.
  8. 0:11>> Okay, so you just completely demolished
  9. 0:13one of my arguments. I never believed
  10. 0:16that video that was so obviously AI
  11. 0:18would take off. Yeah. The man I'm
  12. 0:20sitting with, John Lee, is simply one of
  13. 0:22the smartest minds I've ever
  14. 0:25encountered.
  15. 0:26>> Well, I speak a lot of events around the
  16. 0:27world for the last 20 years.
  17. 0:28>> I'll introduce my guest, John Lee.
  18. 0:30>> John is a man who's created an army of
  19. 0:32AI that are going viral. If you've ever
  20. 0:36wondered how to take your Instagram or
  21. 0:38your social media [music] and convert it
  22. 0:41into a machine that actually generates
  23. 0:43sales, this conversation is for you.
  24. 0:45>> So 1.2 million views that video. And
  25. 0:47here's the thing, generated over 4,000
  26. 0:49leads.
  27. 0:50>> 4,000 leads.
  28. 0:52>> And that video was created [music] in
  29. 0:53how many minutes?
  30. 0:54>> That was created in less than 5 minutes.
  31. 0:55Dean, today's world vision, people don't
  32. 0:58want to pay for education anymore. They
  33. 0:59want to pay for outcome.
  34. 1:00>> Now, I want you to observe what just
  35. 1:01happened. He's going from an AI [music]
  36. 1:04avatar to a $75,000
  37. 1:07product.
  38. 1:07>> And you can just prompt it, and then you
  39. 1:09can animate it. But that's not where the
  40. 1:11magic is, Vision. The magic is in
  41. 1:18>> If you've ever wondered how to take your
  42. 1:20Instagram or your social media and
  43. 1:22convert it into a machine that actually
  44. 1:25generates sales and revenue, this
  45. 1:27conversation is for you. I'm sitting
  46. 1:29with the best-selling author of Money
  47. 1:32Unlocked. And the man I'm sitting with,
  48. 1:34John Lee, is simply one of the smartest
  49. 1:37minds I've ever encountered. From taking
  50. 1:40a viewer on Instagram
  51. 1:42and taking that viewer down a funnel of
  52. 1:45conversion that turns that viewer into a
  53. 1:48customer who buys over and over and over
  54. 1:51and over again. Nobody I know has built
  55. 1:53a system so elegant as this man, John
  56. 1:56Lee. Let me share a couple of things
  57. 1:58about John. Firstly, John started out in
  58. 2:01filmmaking. This guy literally worked in
  59. 2:04special effects. This gave him a unique
  60. 2:07edge in today's world where AI is
  61. 2:09creating videos. [music]
  62. 2:11Watch these two sample videos of
  63. 2:15characters that John created online
  64. 2:17>> [music]
  65. 2:17>> and observe the view count.
  66. 2:19John is not just John. John is a man
  67. 2:22who's created an army of AI that are
  68. 2:25going viral.
  69. 2:27This viral army is generating leads into
  70. 2:31his events [music] where he packs 4,000
  71. 2:34people into a room to teach them social
  72. 2:37media monetization. He's able to get
  73. 2:39people so captivated that many sign up
  74. 2:43for $75,000 [music]
  75. 2:45to $125,000
  76. 2:49deep immersions where he completely
  77. 2:51transforms their business.
  78. 2:53He's going
  79. 2:55from an [music] AI avatar to a $75,000
  80. 2:59product. Some people may say it it
  81. 3:01almost feels unrealistic, but John is
  82. 3:04proving [music] this. And his book,
  83. 3:06Money Unlocked, has also recently become
  84. 3:09a New York Times bestseller. John shows
  85. 3:12that when you get [music] the model
  86. 3:14right, social media can absolutely blow
  87. 3:18up your brand, make you a New [music]
  88. 3:20York Times bestselling author, but also
  89. 3:22make you insanely wealthy.
  90. 3:25So, welcome to an incredible podcast
  91. 3:28episode with John Lee. Now, I'm going to
  92. 3:29ask you for one favor before we begin.
  93. 3:32Number one, I want you to go to Amazon,
  94. 3:34type this in right now, and add the book
  95. 3:37to your cart because this man does not
  96. 3:40share these secrets freely.
  97. 3:42He's smarter than that. He's generous
  98. 3:44with his time, but I convinced John to
  99. 3:47sit down with him by also letting him
  100. 3:48know that we're going to send buyers to
  101. 3:52his book. And like every author, they
  102. 3:56want to get their book out. It's their
  103. 3:58mission getting out to the masses. So,
  104. 4:00open up Amazon right now, add this to
  105. 4:02your shopping cart. Second favor, click
  106. 4:04follow on this episode because I'll be
  107. 4:08doing a follow-up episode sharing with
  108. 4:11you what happens to my revenue when I
  109. 4:14start acting on John's advice. And I'm
  110. 4:17going to share everything whatever works
  111. 4:20and even what does not work. So, if
  112. 4:23you're ready, let's get started now with
  113. 4:25the brilliant mind of John Lee. John,
  114. 4:29welcome.
  115. 4:30>> Thank you so much for having me. This is
  116. 4:31amazing.
  117. 4:32>> Well, well, firstly, your background
  118. 4:33story is so fascinating. Before we get
  119. 4:35started, I'd love for you to share that
  120. 4:37background with our audience here.
  121. 4:39>> Well, first started working in my mom's
  122. 4:40Chinese takeaway as a dishwasher. And
  123. 4:42then I started going to university, but
  124. 4:44I wasn't great at uni, right? I'm
  125. 4:45dyslexic. So, I found a lot of
  126. 4:47difficulty getting grades, trying to do
  127. 4:49well at school, but the problem is I
  128. 4:51just I didn't couldn't couldn't read.
  129. 4:52Even till recently, trying to read even
  130. 4:55trying to even read this audiobook was
  131. 4:56one of the hardest things I've ever
  132. 4:57done. So, went to university, didn't get
  133. 5:00great great grades, and then started
  134. 5:02working as an animator. Worked for a
  135. 5:03company called Framestore and also EA
  136. 5:05Games. And that's kind of where where I
  137. 5:08got this creativity. Oh, it's funny
  138. 5:09because when you learn these skills, you
  139. 5:11don't think you're going to need them in
  140. 5:12the future, but of course now we're
  141. 5:13living in the in the creator economy.
  142. 5:16>> And what what fascinates me about you,
  143. 5:18John, is firstly, working as an
  144. 5:20animator, working in Framestore. That
  145. 5:22that's fascinating. I'd love to play
  146. 5:24some of the social media videos that
  147. 5:25you've generated. And I just want to
  148. 5:27share with the audience the time it took
  149. 5:29to generate this because this is crazy.
  150. 5:31Let's play that video off the old
  151. 5:34advisor, that old man advisor, role
  152. 5:37clip.
  153. 5:39How many um views did that video get?
  154. 5:41And tell us about that video.
  155. 5:42>> So, 1.2 million views that video. And
  156. 5:44here's the thing, you got to find out
  157. 5:46what works, but also not only that, you
  158. 5:48generated over 4,000 leads. 4,000 leads.
  159. 5:52Okay, what is a lead worth to you? So, a
  160. 5:53lead is first name, last name, email
  161. 5:55address, telephone number. So, these
  162. 5:56people come in and each lead normally,
  163. 5:59if you're spending money on marketing,
  164. 6:00is about 20 to 30 pounds per lead.
  165. 6:03>> Wow. So, 4,000 leads would be uh 4,000 *
  166. 6:0620. We're We're talking about 80,000.
  167. 6:08>> That's right. From one video with
  168. 6:10impressions that's not even a real
  169. 6:12person.
  170. 6:12>> And that video was created in how many
  171. 6:13minutes?
  172. 6:14>> That was created in less than 5 minutes.
  173. 6:16>> A 5-minute video creating $80,000 worth
  174. 6:19of leads.
  175. 6:19>> Yes. That's right. That's how much it
  176. 6:21would have cost me if I'm spending that
  177. 6:23money.
  178. 6:23>> Okay, but but here's the wild thing. You
  179. 6:25then created
  180. 6:26an artificial wife of this AI avatar and
  181. 6:29it's obvious this is an AI avatar. It's
  182. 6:30not misleading in any way.
  183. 6:32But I would never have guessed this
  184. 6:34would work and and and the and the wife,
  185. 6:36the imaginary wife with video, got how
  186. 6:38many?
  187. 6:39>> So, that So, that one total, each video
  188. 6:42is averaging anything from 10,000 to
  189. 6:45300,000 views per video.
  190. 6:47>> Why is this working?
  191. 6:48>> So, we took the scripts of David Chen.
  192. 6:50David Chen is the Chen in Chinese means
  193. 6:52money. So, my old wise, you know,
  194. 6:54grandfather. And then we took the things
  195. 6:57that worked and we transcribed those
  196. 6:59into and we put into Claude and we said,
  197. 7:00"Reword this for, you know, a female
  198. 7:02audience." It's exactly same script and
  199. 7:04now it's from a female perspective. And
  200. 7:05so, when we created Diana Carter, it's
  201. 7:08David Chen's ex-wife. So, then again,
  202. 7:10both videos are pulling.
  203. 7:12>> And people know this is AI?
  204. 7:14>> People even state in the air, but you
  205. 7:16know what they say? "I know it's AI, but
  206. 7:17I don't care cuz the information's
  207. 7:18good."
  208. 7:19>> I see. Okay, so you just completely
  209. 7:22demolish one of my arguments. I I never
  210. 7:24believed that video that was so
  211. 7:26obviously AI would take off.
  212. 7:28>> Yeah. I mean, think about it.
  213. 7:30I mean, people even when people see
  214. 7:32things on social media now, it's like
  215. 7:34they have to go, "Is it AI or is it not
  216. 7:35AI? Is it real or is not real?" So, if
  217. 7:38they're already questioning it, you may
  218. 7:39as well put it on there, right? Well,
  219. 7:40you can't stop it. Eventually,
  220. 7:41everything on social media will be AI.
  221. 7:44That's why in real life is going to be
  222. 7:46so much more valuable. That's why being
  223. 7:47here at Mindvalley U and and feeling the
  224. 7:49energy with with hundreds of packed
  225. 7:51rooms, that's where the magic and
  226. 7:53connection is.
  227. 7:53>> Now, what about videos featuring you?
  228. 7:56Are those working?
  229. 7:57>> Yes.
  230. 7:58But, here's the funny thing. If I look
  231. 7:59at my avatars, they're actually
  232. 8:00outcompeting my own videos. Why? Because
  233. 8:03the script is better. What's an avatar?
  234. 8:05>> [snorts]
  235. 8:05>> So, an avatar is a fake character, a
  236. 8:08fictional character that you make up and
  237. 8:10>> David Chen.
  238. 8:10>> Like David Chen. So, I would say, "Make
  239. 8:12me a old, wise, Chinese man who's got
  240. 8:15glasses. He looks wise, well-dressed."
  241. 8:18And he'll just create it. And I can you
  242. 8:19can create that through any, you know,
  243. 8:20Nano Banana Pro. Takes 2 seconds. And
  244. 8:23you can just prompt it. And then you can
  245. 8:25animate it. But, that's not where the
  246. 8:27magic is, Vision. The magic is in
  247. 8:29actually what already works. You know
  248. 8:30what people do? They go to Claude and
  249. 8:32they say, "Write me some scripts. Write
  250. 8:33me some hooks." It doesn't work. Why?
  251. 8:36Because it's slop. It has no wisdom
  252. 8:38behind it. So, what we do is we actually
  253. 8:40go and look at what actually works. We
  254. 8:41transcribe the videos. We put that into
  255. 8:43a knowledge base. And we can pull from
  256. 8:45that with proven, tried, and tested
  257. 8:46hooks. And that's why the first 3
  258. 8:48seconds of the video means whether your
  259. 8:51whether your video will get reach or
  260. 8:52not.
  261. 8:53>> Wow. So, there's a there's there's a
  262. 8:54method to this. You're not just using
  263. 8:56Claude to generate this content.
  264. 8:58So,
  265. 8:59what I find really fascinating about
  266. 9:01this is that people obviously know this
  267. 9:03is AI. And it seems that people nobody
  268. 9:04cares anymore.
  269. 9:05>> No. They don't care.
  270. 9:06>> They care about the content. But, let's
  271. 9:08break this down for someone who wants to
  272. 9:09do the same. How do you create David
  273. 9:12Chen? How would you create your own AI
  274. 9:15avatar step-by-step? What tools and what
  275. 9:17process?
  276. 9:18>> So, easiest one, Higgsfield. You go to
  277. 9:20Higgsfield and you just you you
  278. 9:22literally just describe your avatar,
  279. 9:24right? So, you know, Dinah Carter was,
  280. 9:26you know, old old lady, very
  281. 9:29posh-looking, looks rich, dresses in
  282. 9:32nice clothes, and it will do it for you.
  283. 9:34Okay, that's you've got the first one.
  284. 9:36Next thing, this is the most important
  285. 9:37one, voice design. So, we use something
  286. 9:39called 11 Labs. You go to 11 Labs, it
  287. 9:41says voice design, you you take you copy
  288. 9:43and paste the description, and you see
  289. 9:45what it gives you. And then and they'll
  290. 9:46give you three variations. And what I do
  291. 9:48is I look at the picture, I close my
  292. 9:50eyes, and I pray I play the voice. Does
  293. 9:51that sound like this person?
  294. 9:53>> Right.
  295. 9:53>> Right? Or I'll look at the picture, and
  296. 9:55then I'll I'll play the sound and go,
  297. 9:56"Does that sound like the person?" And
  298. 9:58when you feel it does, you use that as
  299. 10:00the voice.
  300. 10:00>> So, you save the voice, you have the
  301. 10:02image of David Goggins, you have the
  302. 10:04voice, you blend it together using
  303. 10:07>> So, we use something like HeyGen and
  304. 10:08Synthesia 2.0.
  305. 10:10>> Okay.
  306. 10:10>> So, HeyGen's probably one of the best
  307. 10:11for this. Also, um because the video
  308. 10:13generator makes it look really well. Or
  309. 10:15you can just use standard They have
  310. 10:17Avatar 5 now. So, Avatar 5 is pretty
  311. 10:19good.
  312. 10:19>> And what is Avatar 5?
  313. 10:21>> 5 is HeyGen's cloning avatar um
  314. 10:25generation, but it can do longer
  315. 10:26versions of it. If you use Avatar 5, you
  316. 10:28can go for like 2 minutes. If I use
  317. 10:30Synthesia, I can only go for for 15
  318. 10:32seconds. So, I have to keep generating
  319. 10:34and
  320. 10:35>> and it's sticking together. So, you
  321. 10:36recommend that people use Avatar Sorry,
  322. 10:38Avatar 5
  323. 10:39>> Five.
  324. 10:39>> to create a 2-minute video.
  325. 10:41>> That's right.
  326. 10:41>> Oh, that's really wonderful. Okay, so
  327. 10:42now these videos are providing great
  328. 10:46hooks, great ideas to the world. But
  329. 10:49from a video, how do you now get all of
  330. 10:51these leads?
  331. 10:52>> So, we have to put a call to action in
  332. 10:53there. So, at the end we'll say, "If you
  333. 10:55want to learn more, comment the word
  334. 10:56AI." Like if you go to any of my social
  335. 10:58media and you comment AI or event or
  336. 11:01learn, we have all these different call
  337. 11:02to actions and and points. And so, when
  338. 11:04people comment, they'll all send them a
  339. 11:05message, but
  340. 11:07I mean, most people know how to do that
  341. 11:08through ManyChat. What they're missing
  342. 11:09is a new feature. Do you know
  343. 11:12based on all the How many people have
  344. 11:13followed you in the last
  345. 11:1530 days?
  346. 11:16>> Maybe 80,000.
  347. 11:17>> 80,000. Imagine if every 80,000 people
  348. 11:20that follow you, every single person
  349. 11:23got a message from you.
  350. 11:25A lot of people don't know that. You can
  351. 11:26trigger an automation based on how
  352. 11:28people follow you. So, if you hit the
  353. 11:29follow, they get a message from me to
  354. 11:31say, "Hey, thanks for following me. By
  355. 11:33the way, I've got this book. Click here
  356. 11:35to check it out." Right. So, you just
  357. 11:36activate that. Now, you generate more
  358. 11:38leads.
  359. 11:38>> That's I did not even know that existed.
  360. 11:42>> [laughter]
  361. 11:42>> So, okay. So, now you have the people
  362. 11:44following you. You start generating
  363. 11:46leads. Let's talk about leads for a
  364. 11:48moment. How are you What is that initial
  365. 11:51offer? Now, I know that for that reply
  366. 11:54tool, you're using ManyChat.
  367. 11:55>> Yes.
  368. 11:56>> Okay. And ManyChat allows you to create
  369. 11:58a code word on your Instagram, and then
  370. 12:00it replies to that code word. So, the
  371. 12:02code word could be send info, or the
  372. 12:04code word could be webinar, and then it
  373. 12:07replies, "Here's the link to your
  374. 12:08webinar."
  375. 12:09>> That's right.
  376. 12:09>> Right?
  377. 12:10>> Yeah.
  378. 12:10>> But, what do you find that you that we
  379. 12:13need to drive people to to ensure that
  380. 12:15we're actually getting a lead?
  381. 12:17>> So, first of all, your content's got to
  382. 12:19be good. I mean, you cannot not have
  383. 12:21good content. Content has to either wow
  384. 12:23people, it's got to teach them something
  385. 12:25they've never knew, and it's always got
  386. 12:27to be new stuff. So, that's why research
  387. 12:29is important. So, we use things like
  388. 12:30Manas, right? And we And we go into a
  389. 12:33specific field, and we say, "Do all the
  390. 12:34research on this. Find all the white
  391. 12:36papers. Find out all the case studies.
  392. 12:38Find out what people are complaining
  393. 12:39about, what people like." We gather full
  394. 12:41research. We put that as context in
  395. 12:43something like Lord, and that now gives
  396. 12:45you extra wisdom on top of the things
  397. 12:47that you're already doing. So, your
  398. 12:48content's got to be like that. Once you
  399. 12:51have a content that pulls, so we look at
  400. 12:53anything that the
  401. 12:55the overall retention curve.
  402. 12:56If in 3 seconds the retention curve is
  403. 12:58dropping to an L, which means you're
  404. 13:00losing 90% of your views in 3 seconds,
  405. 13:03we don't run it. But, if it So, we keep
  406. 13:06editing the video until that curve
  407. 13:08becomes more flat instead of an L curve.
  408. 13:10And I'll show you an example of that a
  409. 13:12little bit later.
  410. 13:13But, once it goes flat, it means the
  411. 13:16flatter the curve is, the more reach you
  412. 13:18get for free on social media,
  413. 13:20specifically Instagram.
  414. 13:21>> So, you find the ones which have a flat
  415. 13:24curve, and what do you do?
  416. 13:26>> So, then we When people spend money on
  417. 13:28marketing, they have to guess if it's
  418. 13:30going to work or not. Right? And then
  419. 13:31they burn a lot of money. But what if we
  420. 13:34could put in an ad and we knew that it
  421. 13:36would work? If you create an ad that
  422. 13:38looks like an ad, people are not going
  423. 13:39to
  424. 13:40uh share it. But if you look If I show
  425. 13:42you my ads,
  426. 13:44right? People share the ads, which
  427. 13:45brings down your cost per lead. Because
  428. 13:47people are sharing, you get extra reach.
  429. 13:49So your ad can't look like an ad. It has
  430. 13:51to be content that is shared and posted,
  431. 13:53and that in return builds you more
  432. 13:55leads. So if Let's say I'll give an
  433. 13:56example. Let's say I posted a video. So
  434. 13:59I have a I have a video that's got
  435. 14:0020,000 comments. So you're generating
  436. 14:0120,000 leads.
  437. 14:03If I put fuel on the fire, it'll go to
  438. 14:0525,000 leads, right? 30,000 leads. And
  439. 14:08it will just keep going because it
  440. 14:09works.
  441. 14:10>> So if a video is doing good, you put
  442. 14:12money behind it.
  443. 14:12>> Yes.
  444. 14:13>> Doesn't that tell So I've heard rumors
  445. 14:16that when you do something like that,
  446. 14:17it's telling the Instagram algorithm,
  447. 14:19"Oh, this person is willing to pay, so
  448. 14:21let's suppress his virality so he pays
  449. 14:23more." Is that not true?
  450. 14:25>> No. It's not I mean, yes and no, but it
  451. 14:28doesn't matter now anyway because that's
  452. 14:29what they're forcing you to do. That's
  453. 14:30why they have um
  454. 14:32>> boost.
  455. 14:33>> Well, not just boost. You know, Have you
  456. 14:34heard of the Meta One platform?
  457. 14:36>> No, I haven't.
  458. 14:36>> So
  459. 14:37Meta One is, you know, if you you have
  460. 14:39to pay for the verification, right? You
  461. 14:40pay like $20 a month. You get extra
  462. 14:42benefits. You get more reach. You get
  463. 14:44more analytics. You can speak to someone
  464. 14:45at Facebook support.
  465. 14:47>> Right? So either way you play it, you
  466. 14:49still have to do that anyway. But not
  467. 14:51only that, it's not about social media
  468. 14:53anymore. It's about interest media. It's
  469. 14:54about topic media. It doesn't matter. I
  470. 14:57mean, if you look at when you make a
  471. 14:59post, how many is actually shown to your
  472. 15:00followers versus non-followers. That's
  473. 15:03what we're looking for. So in the past,
  474. 15:05yes, that used to apply, but not
  475. 15:06anymore.
  476. 15:07>> So you find a video that's doing well
  477. 15:09that has a flat curve, and you boost it.
  478. 15:11>> Yes. Well, not boost it. I run ads
  479. 15:13behind it with specific targeting.
  480. 15:15>> So that video is running as an ad.
  481. 15:17>> Yeah.
  482. 15:17>> With a specific targeting.
  483. 15:19Now, and then in the ManyChat, you're
  484. 15:21driving people to a particular outcome,
  485. 15:23which is sign up for a webinar or sign
  486. 15:25up for an ebook or something like that.
  487. 15:27>> calls or a call.
  488. 15:27>> Or a call. What did you find? So let
  489. 15:29let's talk about that model where you
  490. 15:31were generating $80,000
  491. 15:33for every uh from a single video. What
  492. 15:36were you driving them to from a David
  493. 15:38Chen video?
  494. 15:39>> So, people want to learn how to make an
  495. 15:41AI avatar. So, we would create a
  496. 15:44a web class or master class, which would
  497. 15:46be 90 minutes long. And in that 90
  498. 15:48minutes, we would say this is how you
  499. 15:49build it.
  500. 15:50Right? And so from there
  501. 15:52>> a completely free master class.
  502. 15:53>> Free master class. And then from there
  503. 15:54people go, "Oh, wow. I've learned how to
  504. 15:56do video generation, but what else do
  505. 15:58they need?" They need to know how to do
  506. 15:59vibe coding. They need to learn how to
  507. 16:01build brand. They need to learn how to
  508. 16:03create full AI automation workflow. They
  509. 16:05need to learn how to incorporate all of
  510. 16:08that so it monetizes. So, you teach them
  511. 16:10one thing, they get a result. You see in
  512. 16:11today's world vision, people don't want
  513. 16:13to pay for education anymore. They want
  514. 16:14to pay for outcome. What is the outcome?
  515. 16:16The outcome is you're going to create an
  516. 16:17avatar. Wow, great. Now what? Oh, now
  517. 16:20you need to monetize it. Oh, we have a
  518. 16:21program for that.
  519. 16:22>> Now, I I think you just said something
  520. 16:24really profound. People don't want to
  521. 16:25pay for education cuz Claude can
  522. 16:27basically solve any problem for you.
  523. 16:29They want to pay for an outcome. Can you
  524. 16:31elaborate on that? What does that look
  525. 16:33like from someone who's an expert on
  526. 16:35authority?
  527. 16:36>> Okay, so let's So, give me an example of
  528. 16:38a niche and I'll I'll I'll I'll give you
  529. 16:39>> Okay, so let's say um a niche here is um
  530. 16:43executive leadership.
  531. 16:45>> Okay. So, if you're an executive leader
  532. 16:47and you do executive coaching, so what's
  533. 16:48the outcome of that? So, what do you all
  534. 16:50executive coaches face? Right? They're
  535. 16:53dealing with CEOs who are stressed.
  536. 16:55They're dealing with CEOs who don't know
  537. 16:57how to lead a team. They're They're
  538. 16:59dealing with CEOs who are maybe in
  539. 17:01hiring problems and issues or maybe
  540. 17:03business partner issues. So, what is the
  541. 17:05outcome for that? So, you need to have a
  542. 17:07different advertising angle on each one
  543. 17:10of them. So, once you attract that
  544. 17:11person in, if they're an executive
  545. 17:12coach, then what is the outcome for the
  546. 17:14CEO? To be less stressed, to be less
  547. 17:16overwhelmed, to be able to lead their
  548. 17:18team effectively. Once you do that, that
  549. 17:20is the outcome. So, what is the outcome
  550. 17:21of that? Productivity and bottom line.
  551. 17:24>> Mhm.
  552. 17:24>> I'm going to coach you.
  553. 17:25How much you making now? Let's say that
  554. 17:26person makes a million. By finished,
  555. 17:28you'll be 2 million.
  556. 17:29That's the outcome.
  557. 17:30>> And how does that translate to an ad?
  558. 17:32>> Well, you need to look talk about the
  559. 17:34pain.
  560. 17:34So, for example, are you a CEO of a
  561. 17:37company, but your team doesn't listen to
  562. 17:38you? Are you a CEO of your company, and
  563. 17:42you're you're [snorts] you're stagnant,
  564. 17:43you're not growing? Are you the CEO of
  565. 17:45your company, but you can't hire the
  566. 17:47right talent? You keep going through a
  567. 17:49lot of churn.
  568. 17:49>> And the this is the copy on an
  569. 17:51advertisement that leads to the video,
  570. 17:54or leads to the landing page.
  571. 17:55>> That's right. So, video talking about
  572. 17:57this. And also, as well, if you look at
  573. 17:59the targeting on Facebook, it's also how
  574. 18:01long they watch the video for.
  575. 18:02>> Yeah.
  576. 18:02>> So, they're watching 25% of it, 55%,
  577. 18:0595%. Actually, you shouldn't really be
  578. 18:08showing someone an ad until they've
  579. 18:10watched more than 50%. So, I
  580. 18:12>> Yes.
  581. 18:12>> But I thought the video was the ad.
  582. 18:15>> It organically, yes, but you haven't
  583. 18:17paid for it.
  584. 18:18>> I see.
  585. 18:18>> But now you're when you put money behind
  586. 18:20it,
  587. 18:21now these people are qualified. So,
  588. 18:23therefore, the Because, remember, what
  589. 18:25is the end outcome that you want? You
  590. 18:26want a conversion.
  591. 18:27If someone watches 3 seconds of your
  592. 18:29video, that's not a highly qualified
  593. 18:30audience, is it? You want someone who's
  594. 18:33consumed your content. Once they've
  595. 18:35consumed your content, that's going to
  596. 18:36become a conversion. Right? If people
  597. 18:39like your post, you know the best one?
  598. 18:40Saves.
  599. 18:42People go, that's a great content.
  600. 18:43>> Right.
  601. 18:43>> They save it, but they never with a with
  602. 18:45the mind of I'll come back to it, and
  603. 18:47they never do.
  604. 18:48>> Yeah.
  605. 18:48>> Right? So, now, what if I can go on to
  606. 18:50Facebook and say, find all the people
  607. 18:51that watch 50% of my video, that saved
  608. 18:54the video, and now they see another ad.
  609. 18:56Now, it's going to convert.
  610. 18:58>> Wow. Okay. So, now, in a video, like a
  611. 19:01David Chen video,
  612. 19:03does David Chen invite people to the
  613. 19:05webinar, or is that only in the
  614. 19:07captions?
  615. 19:08>> No. So, he says, comment the word event,
  616. 19:11or comment the word and you know what I
  617. 19:12did? When we do the script, we've
  618. 19:14trained our AI to put that call to
  619. 19:16action in there based on the context of
  620. 19:18the actual conversation they're having.
  621. 19:20So, if we're talking about how to save
  622. 19:21more money,
  623. 19:22>> Mhm.
  624. 19:22>> right? Or how to, you know, keep it and
  625. 19:24how to multiply it, it'll be like, "Hey,
  626. 19:25if you want to learn how to multiply
  627. 19:27your income, comment the word event and
  628. 19:28we'll send you a link to our next
  629. 19:29training."
  630. 19:30>> If you're ready to stop playing small
  631. 19:32and start operating at a completely
  632. 19:34different level,
  633. 19:35comment event below and I'll send you
  634. 19:38everything you need to secure your seat
  635. 19:40at my upcoming event.
  636. 19:42>> And these videos are still going viral.
  637. 19:43>> Yeah. Yeah.
  638. 19:44>> Amazing. And then you send them the
  639. 19:46link, and this link is typically
  640. 19:48inviting people to a masterclass. Now,
  641. 19:49on the masterclass,
  642. 19:51is it you or is it David Chen?
  643. 19:53>> So, it's me, but one of the things that
  644. 19:55we will be testing is David Chen.
  645. 19:57>> I see.
  646. 19:58>> So, so, but what we found is if they go
  647. 20:00from David Chen to a John Lee page, the
  648. 20:03conversion's really low. If they go
  649. 20:05from, this is weird, a David Chen to a
  650. 20:07David Chen landing page, the
  651. 20:09conversion's high. But then when I go
  652. 20:11on, it doesn't matter because now it's
  653. 20:12me. I say, "By the way, David Chen, I
  654. 20:14created David Chen. Here's how Here's
  655. 20:16how I did it." Now, that's how we frame
  656. 20:18it.
  657. 20:18>> That is ingenious.
  658. 20:20So, wait a minute, when they come to the
  659. 20:22landing page, they know David Chen is an
  660. 20:23AI avatar.
  661. 20:24>> That's right.
  662. 20:25>> They just don't know who's behind it.
  663. 20:26>> Mhm.
  664. 20:26>> You show up for that webinar and you're
  665. 20:28the man behind David Chen.
  666. 20:29>> Well, I showed you before. You're like,
  667. 20:30"Oh, I've seen that guy before."
  668. 20:32>> I was blown away, honestly, John. Like,
  669. 20:33I was I was seriously blown away by
  670. 20:34this. Now, are these webinars live or
  671. 20:37are these webinars pre-recorded?
  672. 20:38>> So, what we do is we do them live, and
  673. 20:40then we do something called a hybrid.
  674. 20:42So, once we get it converting,
  675. 20:45like, you know, you do it and then
  676. 20:46there's conversions from there. So, then
  677. 20:48you don't guess whether it's it's the
  678. 20:50Because sometimes you'll you'll run a
  679. 20:52webinar, and sometimes it converts,
  680. 20:53sometimes it doesn't. And then there's
  681. 20:54all these different factors that come to
  682. 20:56play. You're like, "Oh, the audience
  683. 20:57wasn't right. The time wasn't right. The
  684. 20:58day of the week wasn't right. You know,
  685. 21:00the World Cup was on."
  686. 21:01>> Right.
  687. 21:02>> but then if you play the exact recording
  688. 21:04that converted last time, then it can't
  689. 21:06be the recording. So, what we do, and
  690. 21:08this is how we do this,
  691. 21:10um
  692. 21:11once we got it converting, we top and
  693. 21:13tail it. So, the start I come and say,
  694. 21:15"Hey, let's say it's Christmas. Hey,
  695. 21:16Christmas is coming up. It's amazing.
  696. 21:18Hey, hope you got your presents. By the
  697. 21:19way, are you guys ready? If you're
  698. 21:20ready, okay, go." Then we transition
  699. 21:22into a recording and just recording the
  700. 21:25whole thing. That's why all of our
  701. 21:26webinars, we have them on wholesome
  702. 21:29panelists only for the chat. It's not
  703. 21:30It's not a public chat. One, because
  704. 21:33it's distracting for people, especially
  705. 21:34in I mean, our webinars have like You
  706. 21:36got like 150,000 people registered.
  707. 21:38>> Right.
  708. 21:38>> Right? So, we have them off, but
  709. 21:40wholesome panelists can see it.
  710. 21:42>> I see. So, the the middle of a webinar
  711. 21:44is recorded, but the intro you're doing
  712. 21:46it live.
  713. 21:46>> Yeah, and then the end we do it live,
  714. 21:47cuz most of the conversions come in the
  715. 21:49Q&A.
  716. 21:50>> join these webinars anytime or do you do
  717. 21:51it like once a month or once a week?
  718. 21:53>> What, for the people joining?
  719. 21:55>> Yeah.
  720. 21:55>> Um we have it every Wednesday.
  721. 21:57>> Every Wednesday. So, every Wednesday
  722. 21:58you're going live,
  723. 22:00and no matter what day of the week they
  724. 22:02sign up, the webinar happens on
  725. 22:03Wednesday.
  726. 22:04>> That's right, like
  727. 22:04>> Do you find that that makes a big
  728. 22:06difference versus just having a um a
  729. 22:08recording?
  730. 22:09>> Once the com Yeah, so so, okay, we we
  731. 22:12also run it on Zoom.
  732. 22:13>> Yeah.
  733. 22:14>> Right? So, Zoom you expect it to be
  734. 22:15live.
  735. 22:16>> Right.
  736. 22:16>> Right? You can't use all the other ones,
  737. 22:18cuz it's too obvious.
  738. 22:19>> Yeah.
  739. 22:19>> Right? And also, you you also need a
  740. 22:21live team in there as well. So, when
  741. 22:23people chat, they need to
  742. 22:25put comments in there. Right? You can't
  743. 22:26just have an automated chat either. Cuz
  744. 22:28someone says, "Oh, but Oh, can you play
  745. 22:30that slide again?" My team will take a
  746. 22:31copy of the slide, put it in.
  747. 22:34>> I see.
  748. 22:34>> Right? So, it it it is live live, but
  749. 22:37the presentation is just not live.
  750. 22:39>> But it's Exactly, but you're responding
  751. 22:41to So, that's so interesting, cuz I
  752. 22:43would think, John, that it would make
  753. 22:45more sense if the entire thing was
  754. 22:46recorded, and you can just watch it
  755. 22:48anytime.
  756. 22:49>> No, because you still need to build a
  757. 22:50rapport at the start and the end.
  758. 22:52Right? Because here's the thing, I've
  759. 22:54I've And also, when I watch the
  760. 22:56retention, I see how many if the numbers
  761. 22:58stay or drop. It's It's consistent all
  762. 23:00the way to the end until you make your
  763. 23:01offer. Right? And then people start
  764. 23:02dropping off.
  765. 23:03>> Now, what what what's a good number from
  766. 23:04people who watch your webinar
  767. 23:06>> Mhm.
  768. 23:07>> who then purchase?
  769. 23:09>> So, we'll have 10,000 people register
  770. 23:11for a webinar. The show rate is 25% and
  771. 23:13the conversion rate will be about 8%.
  772. 23:15>> Okay, and that's 10,000 people per week?
  773. 23:17>> Yes.
  774. 23:19>> That's insane. 10,000 40,000 people per
  775. 23:22month.
  776. 23:23>> That's right.
  777. 23:23>> And uh so 2,500, so 10,000 show up per
  778. 23:26month. And how what's the conversion
  779. 23:28rate?
  780. 23:28>> 8%.
  781. 23:29>> 8% 2,000 people show up uh per month and
  782. 23:338% of that would be be 160.
  783. 23:35>> Yep.
  784. 23:35>> Okay. And these 160 people, what are
  785. 23:37they buying?
  786. 23:38>> So, they buy a 3-day deep dive into
  787. 23:41learning that specific topic.
  788. 23:43>> How much?
  789. 23:44>> So, 997.
  790. 23:45>> 997. [snorts]
  791. 23:46>> yeah.
  792. 23:47>> And is that also online?
  793. 23:48>> Yes.
  794. 23:49>> It's also online. So, you're teaching
  795. 23:50them anywhere in the
  796. 23:51>> teaching them anywhere in the world. And
  797. 23:53you do this 3-day deep dive every month.
  798. 23:55>> Yes.
  799. 23:56>> That's commitment, man. That's
  800. 23:57commitment. You're a hard worker.
  801. 23:59>> I put in the hours.
  802. 24:00>> [laughter]
  803. 24:00>> Yeah, yeah, yeah. So,
  804. 24:02>> But but sometimes like uh
  805. 24:03>> And they're paying what what again?
  806. 24:04A thousand dollars?
  807. 24:06>> We couldn't we put it under like three
  808. 24:07digit 997.
  809. 24:09>> Got it.
  810. 24:09>> But we tried thousand and 997, somehow
  811. 24:11997 always converts better.
  812. 24:14>> dollars from that. Okay, now this is
  813. 24:16getting fascinating. So, you see how the
  814. 24:17funnel starts getting more and more
  815. 24:19complex, but now
  816. 24:21we're starting to see really good
  817. 24:23revenue here. So, 180,000 dollars
  818. 24:26in collected fees for a 3-day deep dive.
  819. 24:29And this is this 12 hours a day? 10
  820. 24:31hours a day?
  821. 24:31>> We we typically go like US time zone
  822. 24:34from um 2:00. So, those 3 days 2:00 all
  823. 24:37the way till 9:00 p.m.
  824. 24:39So, it's it's about five or six hours
  825. 24:41depending on how many questions people
  826. 24:42have.
  827. 24:44>> hours.
  828. 24:45>> And then also what we do
  829. 24:46what a lot of people do in these 3 days,
  830. 24:48they'll keep selling people stuff.
  831. 24:49Right? You don't want to do that cuz
  832. 24:50first of all, people have paid for it
  833. 24:52and I have this concept called you need
  834. 24:54to earn the right to sell. Earn the
  835. 24:56right to sell. So, day one, all content,
  836. 24:58no selling. Day two, all content. And we
  837. 25:00give an invitation at the end. We say,
  838. 25:02"By the way, the event is officially
  839. 25:03finished at this time, but if you want
  840. 25:05to stay behind and you would love to
  841. 25:07learn more, then stay behind." So, then
  842. 25:08people don't complain.
  843. 25:09>> That's very respectful. Yes.
  844. 25:10>> Now, one of the things I've noticed
  845. 25:11about you, John, is that you never come
  846. 25:14across as salesy. I've never seen John
  847. 25:17Lee on stage or John Lee in a webinar.
  848. 25:20It's always an invite, and that's
  849. 25:21[clears throat] something I've really
  850. 25:22respected about you because a lot of
  851. 25:23experts and authorities, including
  852. 25:25myself, we have a fear of damaging our
  853. 25:28brand and credibility by appearing as
  854. 25:30salesy or pushy.
  855. 25:31>> Mhm.
  856. 25:32>> What is the psychology that you uphold
  857. 25:34that makes you feel so authentic and
  858. 25:37real?
  859. 25:38>> First of all, I know that I can really
  860. 25:39help people. And it it it it it bothers
  861. 25:42me. There's a lot of people out there
  862. 25:43teaching stuff that just doesn't work.
  863. 25:44Everything I do is proven, tried, and
  864. 25:46tested. I can show you the results. I
  865. 25:47can say, "Here's the numbers." And
  866. 25:49sometimes it doesn't work. But
  867. 25:50sometimes, okay, why didn't it work? And
  868. 25:52sometimes that's even more powerful
  869. 25:53lesson. But you know what I believe is
  870. 25:55that if you're on stage, like, to not
  871. 25:57make an offer or to not do an invite to
  872. 26:00something else is, in a way, being
  873. 26:02selfish. Because now they're going to go
  874. 26:04away and try and do this stuff
  875. 26:05themselves, and they're going to fail by
  876. 26:06themselves. But if they have, like,
  877. 26:08someone like Mindvalley or if they have
  878. 26:09some of your mastery programs, your
  879. 26:10masterminds, then that creates
  880. 26:12community. And that's what I love about
  881. 26:14I just I was just interviewed downstairs
  882. 26:16from this event. You know, what do you
  883. 26:18think about it? What's magical about
  884. 26:19this event? Community, connection. And
  885. 26:21what I love about what you've created is
  886. 26:23this like no one's got an ego. Like,
  887. 26:25you've got people who are doing hundreds
  888. 26:26of millions of dollars sat around a
  889. 26:27table, and yet everyone's just going to
  890. 26:30help each other.
  891. 26:30>> Wow.
  892. 26:31>> Right? And that's where it comes from.
  893. 26:32It's it's this ability to know with a
  894. 26:35thousand percent confidence that if you
  895. 26:37do what I tell you to do, you will get
  896. 26:38results.
  897. 26:40There's no qualms about it. Do exactly
  898. 26:42what I tell you to. Don't deviate. Be
  899. 26:44consistent, and you will get the result.
  900. 26:46>> your And in your thousand-dollar
  901. 26:48three-day event, you break it all down
  902. 26:51for people. You go super deep.
  903. 26:54Now, you said you also invite them to
  904. 26:55stay back to hear about your next offer.
  905. 26:57What is that next offer?
  906. 26:59>> So, we have a group coaching because
  907. 27:01there's a saying content for free,
  908. 27:03implementation for a fee.
  909. 27:05>> Right.
  910. 27:05>> So, that means okay, we're going to show
  911. 27:07you how to do it. You have two choices.
  912. 27:08One, go and do yourself and many people
  913. 27:10do. But, some people are like, "No,
  914. 27:11John, I want a fast track. Right? I want
  915. 27:13to collapse time. Like, teach me how to
  916. 27:15guide us how to do this." And so, we
  917. 27:16also have our team members involved in
  918. 27:18that as well. And sometimes we'll have
  919. 27:19experts that come in to teach their side
  920. 27:22of it. So, that group coaching works
  921. 27:24really well. Plus, we we give things
  922. 27:25like access to software, access to
  923. 27:28ongoing training. I also
  924. 27:30>> And and what what is group coaching
  925. 27:31looking like? Is this another Zoom
  926. 27:33event?
  927. 27:34>> So, we call it one-to-one group. It's
  928. 27:36like, "John, how can we one-to-one and
  929. 27:37group?" So, we limit how many people can
  930. 27:39be in there at any one time. And so,
  931. 27:41when they come on, they'll raise their
  932. 27:44hand, they'll come on stage, then we me
  933. 27:45and them. They'll ask me a question. And
  934. 27:48then, the good thing about that is when
  935. 27:49this person asks the question, everybody
  936. 27:51else learns at the same time. So, they
  937. 27:52don't ask the question.
  938. 27:53>> Well, how many people do you put in
  939. 27:54this?
  940. 27:55>> 100.
  941. 27:55>> 100 people for each group. And what do
  942. 27:57they pay?
  943. 27:58>> Um 10,000.
  944. 27:59>> Wow. So, now you have a million-dollar
  945. 28:01product.
  946. 28:02>> That's right.
  947. 28:02>> 10,000 100 people in this. Is this a
  948. 28:04one-day event?
  949. 28:05>> No, it's just they just go on um twice a
  950. 28:07month uh for about 2 hours.
  951. 28:10>> Twice a month for about 2 hours.
  952. 28:13>> Mhm. Depending on how many questions
  953. 28:14people have. Sometimes people
  954. 28:15>> are paying $10,000 for 4 hours with you
  955. 28:18a month.
  956. 28:19>> That's right.
  957. 28:20Well, they normally pay me 5,000 for
  958. 28:21one, so it's a good deal for them.
  959. 28:23>> Okay, so that's incredible. So, now you
  960. 28:25have a million-dollar-a-year product.
  961. 28:28What's next? What happens from that?
  962. 28:30What is the next level of that?
  963. 28:32>> So, naturally, people in group format,
  964. 28:34they go, "Well, John, actually, I want
  965. 28:35to be able to do more what deep dive."
  966. 28:38>> Yeah.
  967. 28:39>> So, now it's one-to-one.
  968. 28:41So, we take a few of those clients to be
  969. 28:43able to go up to the next level. So, the
  970. 28:45next level from there will be 75,000.
  971. 28:47>> I see.
  972. 28:48>> And that's one-to-one.
  973. 28:49>> 75,000 one-to-one. And how much time
  974. 28:52does that involve?
  975. 28:53>> So, typically they'll start off with a
  976. 28:54game plan. So, one hour we go through a
  977. 28:57game plan and then typically they'll fly
  978. 28:59to me and I'll spend a day with them
  979. 29:01talking about the entire business for
  980. 29:03execution.
  981. 29:04And then from there they'll get 10
  982. 29:06one-to-one calls. And then in after that
  983. 29:09they'll also get access to my AI.
  984. 29:11>> Okay.
  985. 29:11>> So, I put all my knowledge into one
  986. 29:13place and then they also get a retreat
  987. 29:14as well.
  988. 29:15>> I see. I see. And the retreat is how
  989. 29:17many days?
  990. 29:17>> Three three days in Bali.
  991. 29:19>> Three days. So, let's look at the
  992. 29:21numbers here. So, you're making $75,000
  993. 29:23as a consultant. They're spending a day
  994. 29:25with you. So, that's eight hours.
  995. 29:26>> Yeah. Um 10:00 till 4:00. Uh yeah. 10:00
  996. 29:29till 4:00.
  997. 29:30>> So, that's about six hours and then they
  998. 29:31get an additional 10 hours with you.
  999. 29:34>> Half an hour sessions.
  1000. 29:35>> Half an hour. So, that's another five
  1001. 29:37hours. So, that's about 11 hours quality
  1002. 29:39time one-on-one and then they get a
  1003. 29:41retreat.
  1004. 29:41>> That's right.
  1005. 29:42>> Right. And that's 75,000.
  1006. 29:44>> Mhm.
  1007. 29:44>> That's [clears throat] totally worth it.
  1008. 29:45It's great value. It can transform
  1009. 29:46someone's business.
  1010. 29:47>> It's great value. And actually even when
  1011. 29:48I do that I don't I don't just want to
  1012. 29:50pick someone to be able to just do the
  1013. 29:52consultation because it's not worth the
  1014. 29:53time.
  1015. 29:54>> Right.
  1016. 29:54>> I know it sounds really bad saying that.
  1017. 29:57But actually you wanted to create a
  1018. 29:58collaboration from that.
  1019. 29:59>> Yeah.
  1020. 30:00>> So, I'll give an example. One of my
  1021. 30:01clients, he fixes people's pain.
  1022. 30:03>> Right.
  1023. 30:03>> So, I have him come to my events and I
  1024. 30:06say does anyone got pain? He says,
  1025. 30:07"Yeah. You need to see this person." He
  1026. 30:09gets business from that and then I'm
  1027. 30:10almost like an investor in their
  1028. 30:12business.
  1029. 30:13>> Oh, wow.
  1030. 30:13>> Right. So,
  1031. 30:14>> Right.
  1032. 30:15>> Do you remember Dr. Mark Leong, the guy
  1033. 30:16who's taking his company public?
  1034. 30:17>> Yeah.
  1035. 30:17>> Right? Remember Whole Foods tried to buy
  1036. 30:19his company for 72 million?
  1037. 30:20>> Yeah.
  1038. 30:21>> And that whole interview that we did?
  1039. 30:22Same thing with him. He said, "Hey John,
  1040. 30:24I'm He's selling 6,000 boxes of collagen
  1041. 30:26on TikTok Shop." And he's like, "John, I
  1042. 30:28want to teach people how to do this."
  1043. 30:30So, what is he doing? I bring him to my
  1044. 30:31audience. I say, "Mark, teach my
  1045. 30:33community how to use TikTok Shop and now
  1046. 30:35I have shares in his company." So, when
  1047. 30:37I'm doing the one-to-one, I do a equity
  1048. 30:40stake in the company once they can
  1049. 30:42perform.
  1050. 30:43>> You You commit to a certain amount of
  1051. 30:45support for them for an equity stake,
  1052. 30:47but you don't put in money.
  1053. 30:48>> No.
  1054. 30:48>> You put in advice.
  1055. 30:50>> Yes.
  1056. 30:50>> That's incredible.
  1057. 30:52>> And infrastructure. What do you mean by
  1058. 30:53infrastructure?
  1059. 30:54>> So, for example, in his case, he's got a
  1060. 30:55lot of lot of knowledge in his head. But
  1061. 30:58he has to keep articulating all the
  1062. 30:59time. So, what if I can take that
  1063. 31:01knowledge, put it into an SOP, and that
  1064. 31:04SOP then can help you scale?
  1065. 31:05>> Wow.
  1066. 31:06>> Right? So, they they have new employees
  1067. 31:07coming in, SOP gets them on board. It's
  1068. 31:10like having an employee that's been
  1069. 31:11there for like 10 years.
  1070. 31:13>> That's incredible. Now, what
  1071. 31:15But where does this fit in? Roll the
  1072. 31:16clip of John's events, cuz I see you in
  1073. 31:20front of events in Singapore and Dubai,
  1074. 31:234,000 people in the room. What is that
  1075. 31:25product and where does that fit in?
  1076. 31:27>> So, when I get off stage, you know what
  1077. 31:28it's like, you get off stage, everyone
  1078. 31:30starts surrounding you, right? Right?
  1079. 31:31The question is either going to be can I
  1080. 31:33learn from more from you, or can you do
  1081. 31:35it for me?
  1082. 31:36>> Yeah.
  1083. 31:36>> So,
  1084. 31:37when I look at the audience, I don't
  1085. 31:39think like how can I sell them
  1086. 31:40something? I think how can I add so much
  1087. 31:41value to them that they can go and do
  1088. 31:43this stuff themselves? That's number
  1089. 31:44one. Number two is I think, well, how
  1090. 31:47can we collaborate together? So,
  1091. 31:48effectively, the audience becomes your
  1092. 31:50workforce. I'll give you an example. I
  1093. 31:51have 300 people in my AIBGS executors
  1094. 31:55part of the team, right? What they do is
  1095. 31:56they
  1096. 31:56>> So, what is AIBGS?
  1097. 31:58>> So, AI business growth strategist.
  1098. 31:59>> Got it.
  1099. 31:59>> So, they they learn AI, they learn
  1100. 32:01social media, but they've got consulting
  1101. 32:03in the top. So, we go in, we consult the
  1102. 32:05company, and then they go, well, can you
  1103. 32:07do that for us? And then they do it for
  1104. 32:09them.
  1105. 32:09>> Yeah.
  1106. 32:10>> Right? So, that one person is able to do
  1107. 32:11that. So, that comes from audiences. I'm
  1108. 32:13almost I'm recruiting,
  1109. 32:15you know, people like manpower and
  1110. 32:17talent from an audience. So, now we can
  1111. 32:20work together.
  1112. 32:21>> So, you're driving So, you're building
  1113. 32:22people who are professionals who develop
  1114. 32:24this professional skill, and you're
  1115. 32:25driving them
  1116. 32:26>> leads.
  1117. 32:26>> That's right.
  1118. 32:27>> That's That's That's beautiful.
  1119. 32:28>> And and and and here's a business model.
  1120. 32:30Someone comes to me and says, John, can
  1121. 32:31you build me a chatbot? Sure, it's
  1122. 32:32$5,000. I don't build it. I use my brand
  1123. 32:35to collect the money, and then I
  1124. 32:37give it to one of my AIBGS clients, and
  1125. 32:39then we do a profit share.
  1126. 32:40>> I see. I see. I see. So, the events with
  1127. 32:434,000 people that I've seen you do in in
  1128. 32:46Dubai, in Singapore, that I'm guessing
  1129. 32:49that's a version of the 3-day online
  1130. 32:52seminar that you do, the one that you
  1131. 32:53charge $1,000.
  1132. 32:54>> So, they So, they mainly like either
  1133. 32:55paid keynotes, or sometimes they just
  1134. 32:57cover my flights and hotels, but if I'm
  1135. 32:59going there, I'm able to offer a gift.
  1136. 33:01>> I see.
  1137. 33:01>> And I say, "Okay, here it is."
  1138. 33:02>> end of an event, what type of gift do
  1139. 33:04you offer?
  1140. 33:04>> So, either a 3-day online event, or I
  1141. 33:07might say we're running a mastermind. It
  1142. 33:09depends where I'm so
  1143. 33:10>> So, when you got off stage here at
  1144. 33:11Mindvalley, you flashed a QR code, and
  1145. 33:13you said it's not it's normally a
  1146. 33:14thousand, but for the Mindvalley
  1147. 33:15audience, it's free. That is the 3-day
  1148. 33:17online mastermind. Got it. And for a
  1149. 33:203-day online mastermind, that's when you
  1150. 33:22have the
  1151. 33:23the $10,000 one-on-one.
  1152. 33:25>> A group, $10,000 group.
  1153. 33:27>> A $10,000 group, which is $75,000. This
  1154. 33:30is blowing my mind, and we're going to
  1155. 33:32come to the book Money Unlocked, but
  1156. 33:33definitely what I love about what you're
  1157. 33:35doing is you are unlocking money at
  1158. 33:37every level. Now, what about the highest
  1159. 33:40level? Cuz I know your highest ticket
  1160. 33:42item is $125,000.
  1161. 33:43What does that look like?
  1162. 33:44>> called Icon.
  1163. 33:45>> Okay.
  1164. 33:46>> So, what is Icon? So, Icon people
  1165. 33:49is someone with a very powerful message
  1166. 33:51that they want to fly around the world,
  1167. 33:52but but they need for example, they want
  1168. 33:54a book. So, we help them with the you
  1169. 33:56know, write a book cuz this is coming on
  1170. 33:57your time to sell. How do we do it? How
  1171. 33:58do you promote it? How do you put on
  1172. 34:00your own events? Okay, so to start with,
  1173. 34:03people not able to do that cuz it's a
  1174. 34:04big feat, you know, it's I mean, you
  1175. 34:06know,
  1176. 34:07>> [laughter]
  1177. 34:07>> you've put a lot of events. So, what we
  1178. 34:09do, we provide a stage, right? So, now
  1179. 34:11you come on my stage,
  1180. 34:13and I'll put the stage on for you.
  1181. 34:15Right? And then also, they can fly
  1182. 34:17around the world with me as well. So, um
  1183. 34:19so, and again, I don't guarantee it, but
  1184. 34:21I say, "Look, a lot of the deals I've
  1185. 34:22done in the green room."
  1186. 34:24Right? We need to create network
  1187. 34:25together. So, once they're good enough,
  1188. 34:27then I can put them forward for things.
  1189. 34:29>> That's incredible. Yeah.
  1190. 34:30>> Yeah. I almost become their agent.
  1191. 34:32>> Yeah. Yeah. I love the empire that
  1192. 34:34you've built, John. Now, let's talk
  1193. 34:37about money unlocked. What do you learn
  1194. 34:41from this book?
  1195. 34:42>> So, it's how do you keep it? Well, how
  1196. 34:45do you make it first and how do you keep
  1197. 34:46it? How do you multiply it? The problem
  1198. 34:47is how many people do you know who are
  1199. 34:49wealthy but they're still broke?
  1200. 34:50Because what happens they're trying to
  1201. 34:51keep up with the Joneses. They're
  1202. 34:52spending all this money. They're not
  1203. 34:53keeping it. You know, the secret to
  1204. 34:55wealth is actually earning more money
  1205. 34:57and keeping your lifestyle the same.
  1206. 34:59>> Yeah.
  1207. 34:59>> That's actually how it should work. You
  1208. 35:01know, it's like business. What happens?
  1209. 35:02They spend that they make all this
  1210. 35:04money. They pull out all these costs and
  1211. 35:06they pay for everything. What's left
  1212. 35:07they save and invest. It should be the
  1213. 35:09other way around. You make all this
  1214. 35:11money. You take your profit first on
  1215. 35:12what you want and what is left you use
  1216. 35:14that for your costs. That should be
  1217. 35:16applied to your life as well but people
  1218. 35:18don't do that. They make money. They
  1219. 35:19spend it. They make make more more
  1220. 35:21money. They spend more more money.
  1221. 35:22>> Mhm.
  1222. 35:23>> And it's this never-ending loop. And it
  1223. 35:25starts to build this down spiral. So,
  1224. 35:28the book is really to change that
  1225. 35:29mindset. You know, people want to become
  1226. 35:31a millionaire or billionaire and they
  1227. 35:32think it's about the numbers. It's not.
  1228. 35:34A millionaire, the true definition, is
  1229. 35:37to have impacted a million lives before
  1230. 35:39you leave this planet.
  1231. 35:40That's what I really believe a true
  1232. 35:42definition of a millionaire is. And why
  1233. 35:44did I write the book? Financial
  1234. 35:45education. One of One of my beefs
  1235. 35:48is with the financial education system.
  1236. 35:50>> And why is that?
  1237. 35:51>> Because they don't teach you the skills
  1238. 35:53that is equipped for life. How many kids
  1239. 35:56graduate from university in debt and
  1240. 35:58they spend their entire lives paying it
  1241. 36:00off?
  1242. 36:00>> Yeah.
  1243. 36:00>> Right? Why Why was never people been
  1244. 36:02taught like real estate? If you're going
  1245. 36:04to send your kids to to university and
  1246. 36:06they're going to stay in halls of
  1247. 36:07residence, at least buy a house for
  1248. 36:09them. Let them stay in it. Let all their
  1249. 36:11friends stay in it. By the time they
  1250. 36:12graduate, the thing's paid off. Now they
  1251. 36:14don't have any debt. They got assets
  1252. 36:15now.
  1253. 36:16Right? But they were never taught that.
  1254. 36:18We never taught we we taught to trade
  1255. 36:20time for money. We haven't been taught
  1256. 36:22to invest. For example, save money for a
  1257. 36:25rainy day. We should invest money for a
  1258. 36:27rainy day. Pay off your mortgage. That's
  1259. 36:28actually the worst thing you can do.
  1260. 36:30Because it your money's not working for
  1261. 36:31you, right? Have cash in the bank. Cash
  1262. 36:34is trash.
  1263. 36:35Cuz it's not growing.
  1264. 36:36>> Yeah.
  1265. 36:36>> You need to put it into assets, into
  1266. 36:38real estate, into things that
  1267. 36:40appreciate. But we're never taught that
  1268. 36:42because it's risky. Oh, you shouldn't do
  1269. 36:43that.
  1270. 36:44>> So, you know, one of the things I've
  1271. 36:45always wondered is, if you have a
  1272. 36:46business, how much do you know as the
  1273. 36:48founder to remove from the business and
  1274. 36:50put into assets that appreciate versus
  1275. 36:53keep it in your business and continue
  1276. 36:55growing the business.
  1277. 36:56>> So, in the book I talk about the 30 30
  1278. 36:5830 10 strategy. Take 30% put it into
  1279. 37:01your own business. 30% put into other
  1280. 37:03people's businesses. The other 30% put
  1281. 37:06into assets and 10% put into a moonshot.
  1282. 37:09I something very risky. Cuz if it goes
  1283. 37:11to zero, it doesn't matter.
  1284. 37:12>> Okay, so 30% you keep it in the
  1285. 37:14business. Okay, 30% of the cash you you
  1286. 37:19um put it in you invest in other
  1287. 37:21people's businesses. 30% would be
  1288. 37:23assets, so stocks or property.
  1289. 37:25>> Yeah, correct.
  1290. 37:25>> And then 10% on a moonshot. This is a
  1291. 37:27potential new business.
  1292. 37:29>> New business, high risk.
  1293. 37:31>> [snorts]
  1294. 37:31>> Call it crypto, call it stock shares,
  1295. 37:33whatever it is. Something that
  1296. 37:35maybe you want to just support your
  1297. 37:36friends. Like you know it's not going to
  1298. 37:37do well. Just put it in. You never know.
  1299. 37:39This is how people need to be thinking.
  1300. 37:41Like the problem is they have no
  1301. 37:42allocation.
  1302. 37:43>> Right.
  1303. 37:44>> Right? And a lot of businesses don't
  1304. 37:45have that much runway either.
  1305. 37:47Right? So So, having this mindset gives
  1306. 37:49you runway, but it gives you the but
  1307. 37:51like
  1308. 37:52I said to someone downstairs, I said,
  1309. 37:53"Who owns a Tesla here?" And like put a
  1310. 37:55hand up. "How much did you pay for it?"
  1311. 37:56"65,000." I said, "Imagine if you put
  1312. 37:58that 65,000 into Tesla stock in 2020.
  1313. 38:02How much would it be worth now?" And I
  1314. 38:03see all these people with Apple
  1315. 38:04products. I said, "How many of you buy
  1316. 38:05Apple products every time a new product
  1317. 38:07comes out?"
  1318. 38:08And I said, "Look, every year you're
  1319. 38:09spending $1,000 on a new phone. Imagine
  1320. 38:12taking that 10,000 that you would have
  1321. 38:13spent over the 10 years. Put that into
  1322. 38:15Apple stock. You can buy a million
  1323. 38:17iPhones now."
  1324. 38:18>> I I did the math.
  1325. 38:20If I had taken as much as I put in
  1326. 38:22iPhones and put it in Apple stock,
  1327. 38:25I think the number came up to about
  1328. 38:26$130,000.
  1329. 38:28>> Amazing. Right? But that's what we call
  1330. 38:30intrinsic value. Right? I I get I did a
  1331. 38:33test downstairs. I said, "If I had a
  1332. 38:34Rolex Daytona here, Patek, who would pay
  1333. 38:37me 10,000 for it right now?" Two people
  1334. 38:39out of 800 people put their hand up. And
  1335. 38:41what does that tell me? It tells me they
  1336. 38:42don't understand value. Because that
  1337. 38:44watch has a 10-year waiting list. Even
  1338. 38:46if you don't like watches, has a retail
  1339. 38:48value of between 25 and 32,000 pounds.
  1340. 38:51>> Wow.
  1341. 38:51>> So you could have bought it and sold it
  1342. 38:52and flipped it the next day.
  1343. 38:54But people go, "I don't like watches.
  1344. 38:55I'm not buying it."
  1345. 38:56>> Right.
  1346. 38:56>> But they don't see the value.
  1347. 38:57>> Mhm.
  1348. 38:58>> That's what I seen really. That's what I
  1349. 38:59seen.
  1350. 39:00>> breaks down the the secret of really
  1351. 39:03understanding the nature of money, how
  1352. 39:05to use money.
  1353. 39:06>> Yes. How to make it, how do you keep it,
  1354. 39:09how do you multiply it. I think the
  1355. 39:10first freedom that I talk about
  1356. 39:12different freedoms there. Free, rich,
  1357. 39:13and wealthy.
  1358. 39:15Free is just getting to a point where
  1359. 39:16you never have to work again.
  1360. 39:17>> Right.
  1361. 39:18>> Right?
  1362. 39:19Rich is now you've got how much you need
  1363. 39:21and then also now all your things that
  1364. 39:23you want in life. But wealthy is a
  1365. 39:25magnification of who you are.
  1366. 39:27Right? It allows you to do what you
  1367. 39:29want, when you want, with whoever you
  1368. 39:30want. An extension of you and your
  1369. 39:32message and your mission.
  1370. 39:33>> John, thank you so much. That was a
  1371. 39:36perfect end point for this interview.
  1372. 39:39Firstly, thank you for being so open,
  1373. 39:41for being such a dynamo on stage. I see
  1374. 39:44how much the audience loves you. And I
  1375. 39:46also want to thank you for your
  1376. 39:47generosity in breaking down your funnel.
  1377. 39:50I know for many of you who dream of
  1378. 39:51being an expert and authority in your
  1379. 39:53field, John's funnel
  1380. 39:55um may not be something you can step
  1381. 39:56into immediately, but it shows you the
  1382. 39:59possibility of what you can do when you
  1383. 40:02start stringing the together things
  1384. 40:05right. And it also shows you that even
  1385. 40:07if you feel you're not ready for social
  1386. 40:08media, with AI skills, you can generate
  1387. 40:12avatars that actually work. This was the
  1388. 40:14part that completely blew me away
  1389. 40:16because I never would have guessed that
  1390. 40:18this worked. I'm still shocked that this
  1391. 40:21idea even works. So, John, can we do a
  1392. 40:23quick recap of how your funnel model
  1393. 40:25works?
  1394. 40:26>> Okay, so really simple. Post content
  1395. 40:28ABC, always be promoting. I talk about
  1396. 40:30this concept with the 116. One topic,
  1397. 40:32one platform, post every single day for
  1398. 40:346 months. Once you've done that, you'll
  1399. 40:36see which ones are the winners, which
  1400. 40:38ones are the losers. You take the ones
  1401. 40:39that are winners and you run some ad
  1402. 40:41spend behind it cuz you know it's going
  1403. 40:42to convert. From there, you run a
  1404. 40:43ManyChat campaign what I call a DM call
  1405. 40:46to action. So, now comment the word AI,
  1406. 40:48comment the word event, comment the word
  1407. 40:49learn. Now you start building a list.
  1408. 40:52That list you then drive to a webinar or
  1409. 40:54a masterclass and there you do a
  1410. 40:55presentation. On that presentation, you
  1411. 40:57do an invite for the next level. And
  1412. 40:59from there, people will go from
  1413. 41:01>> [music]
  1414. 41:01>> 997 to a 10,000 to a 75,000 to 125,000.
  1415. 41:07That's how the funnel works.
  1416. 41:08>> John, thank you so much for being part
  1417. 41:09of this podcast. Thank you for sharing
  1418. 41:11so much wisdom with our audience.

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