John Lee: Do This to Turn Your Content Into Income — Transcript
Full transcript
- 0:00Well, you can't stop it. Eventually,
- 0:01everything on social media will be AI.
- 0:03But here's the funny thing. If I look at
- 0:05my avatars, they're actually
- 0:06outcompeting my own videos. You know
- 0:08what they say? I know it's AI, but I
- 0:09don't care cuz the information's good.
- 0:11>> Okay, so you just completely demolished
- 0:13one of my arguments. I never believed
- 0:16that video that was so obviously AI
- 0:18would take off. Yeah. The man I'm
- 0:20sitting with, John Lee, is simply one of
- 0:22the smartest minds I've ever
- 0:25encountered.
- 0:26>> Well, I speak a lot of events around the
- 0:27world for the last 20 years.
- 0:28>> I'll introduce my guest, John Lee.
- 0:30>> John is a man who's created an army of
- 0:32AI that are going viral. If you've ever
- 0:36wondered how to take your Instagram or
- 0:38your social media [music] and convert it
- 0:41into a machine that actually generates
- 0:43sales, this conversation is for you.
- 0:45>> So 1.2 million views that video. And
- 0:47here's the thing, generated over 4,000
- 0:49leads.
- 0:50>> 4,000 leads.
- 0:52>> And that video was created [music] in
- 0:53how many minutes?
- 0:54>> That was created in less than 5 minutes.
- 0:55Dean, today's world vision, people don't
- 0:58want to pay for education anymore. They
- 0:59want to pay for outcome.
- 1:00>> Now, I want you to observe what just
- 1:01happened. He's going from an AI [music]
- 1:04avatar to a $75,000
- 1:07product.
- 1:07>> And you can just prompt it, and then you
- 1:09can animate it. But that's not where the
- 1:11magic is, Vision. The magic is in
- 1:18>> If you've ever wondered how to take your
- 1:20Instagram or your social media and
- 1:22convert it into a machine that actually
- 1:25generates sales and revenue, this
- 1:27conversation is for you. I'm sitting
- 1:29with the best-selling author of Money
- 1:32Unlocked. And the man I'm sitting with,
- 1:34John Lee, is simply one of the smartest
- 1:37minds I've ever encountered. From taking
- 1:40a viewer on Instagram
- 1:42and taking that viewer down a funnel of
- 1:45conversion that turns that viewer into a
- 1:48customer who buys over and over and over
- 1:51and over again. Nobody I know has built
- 1:53a system so elegant as this man, John
- 1:56Lee. Let me share a couple of things
- 1:58about John. Firstly, John started out in
- 2:01filmmaking. This guy literally worked in
- 2:04special effects. This gave him a unique
- 2:07edge in today's world where AI is
- 2:09creating videos. [music]
- 2:11Watch these two sample videos of
- 2:15characters that John created online
- 2:17>> [music]
- 2:17>> and observe the view count.
- 2:19John is not just John. John is a man
- 2:22who's created an army of AI that are
- 2:25going viral.
- 2:27This viral army is generating leads into
- 2:31his events [music] where he packs 4,000
- 2:34people into a room to teach them social
- 2:37media monetization. He's able to get
- 2:39people so captivated that many sign up
- 2:43for $75,000 [music]
- 2:45to $125,000
- 2:49deep immersions where he completely
- 2:51transforms their business.
- 2:53He's going
- 2:55from an [music] AI avatar to a $75,000
- 2:59product. Some people may say it it
- 3:01almost feels unrealistic, but John is
- 3:04proving [music] this. And his book,
- 3:06Money Unlocked, has also recently become
- 3:09a New York Times bestseller. John shows
- 3:12that when you get [music] the model
- 3:14right, social media can absolutely blow
- 3:18up your brand, make you a New [music]
- 3:20York Times bestselling author, but also
- 3:22make you insanely wealthy.
- 3:25So, welcome to an incredible podcast
- 3:28episode with John Lee. Now, I'm going to
- 3:29ask you for one favor before we begin.
- 3:32Number one, I want you to go to Amazon,
- 3:34type this in right now, and add the book
- 3:37to your cart because this man does not
- 3:40share these secrets freely.
- 3:42He's smarter than that. He's generous
- 3:44with his time, but I convinced John to
- 3:47sit down with him by also letting him
- 3:48know that we're going to send buyers to
- 3:52his book. And like every author, they
- 3:56want to get their book out. It's their
- 3:58mission getting out to the masses. So,
- 4:00open up Amazon right now, add this to
- 4:02your shopping cart. Second favor, click
- 4:04follow on this episode because I'll be
- 4:08doing a follow-up episode sharing with
- 4:11you what happens to my revenue when I
- 4:14start acting on John's advice. And I'm
- 4:17going to share everything whatever works
- 4:20and even what does not work. So, if
- 4:23you're ready, let's get started now with
- 4:25the brilliant mind of John Lee. John,
- 4:29welcome.
- 4:30>> Thank you so much for having me. This is
- 4:31amazing.
- 4:32>> Well, well, firstly, your background
- 4:33story is so fascinating. Before we get
- 4:35started, I'd love for you to share that
- 4:37background with our audience here.
- 4:39>> Well, first started working in my mom's
- 4:40Chinese takeaway as a dishwasher. And
- 4:42then I started going to university, but
- 4:44I wasn't great at uni, right? I'm
- 4:45dyslexic. So, I found a lot of
- 4:47difficulty getting grades, trying to do
- 4:49well at school, but the problem is I
- 4:51just I didn't couldn't couldn't read.
- 4:52Even till recently, trying to read even
- 4:55trying to even read this audiobook was
- 4:56one of the hardest things I've ever
- 4:57done. So, went to university, didn't get
- 5:00great great grades, and then started
- 5:02working as an animator. Worked for a
- 5:03company called Framestore and also EA
- 5:05Games. And that's kind of where where I
- 5:08got this creativity. Oh, it's funny
- 5:09because when you learn these skills, you
- 5:11don't think you're going to need them in
- 5:12the future, but of course now we're
- 5:13living in the in the creator economy.
- 5:16>> And what what fascinates me about you,
- 5:18John, is firstly, working as an
- 5:20animator, working in Framestore. That
- 5:22that's fascinating. I'd love to play
- 5:24some of the social media videos that
- 5:25you've generated. And I just want to
- 5:27share with the audience the time it took
- 5:29to generate this because this is crazy.
- 5:31Let's play that video off the old
- 5:34advisor, that old man advisor, role
- 5:37clip.
- 5:39How many um views did that video get?
- 5:41And tell us about that video.
- 5:42>> So, 1.2 million views that video. And
- 5:44here's the thing, you got to find out
- 5:46what works, but also not only that, you
- 5:48generated over 4,000 leads. 4,000 leads.
- 5:52Okay, what is a lead worth to you? So, a
- 5:53lead is first name, last name, email
- 5:55address, telephone number. So, these
- 5:56people come in and each lead normally,
- 5:59if you're spending money on marketing,
- 6:00is about 20 to 30 pounds per lead.
- 6:03>> Wow. So, 4,000 leads would be uh 4,000 *
- 6:0620. We're We're talking about 80,000.
- 6:08>> That's right. From one video with
- 6:10impressions that's not even a real
- 6:12person.
- 6:12>> And that video was created in how many
- 6:13minutes?
- 6:14>> That was created in less than 5 minutes.
- 6:16>> A 5-minute video creating $80,000 worth
- 6:19of leads.
- 6:19>> Yes. That's right. That's how much it
- 6:21would have cost me if I'm spending that
- 6:23money.
- 6:23>> Okay, but but here's the wild thing. You
- 6:25then created
- 6:26an artificial wife of this AI avatar and
- 6:29it's obvious this is an AI avatar. It's
- 6:30not misleading in any way.
- 6:32But I would never have guessed this
- 6:34would work and and and the and the wife,
- 6:36the imaginary wife with video, got how
- 6:38many?
- 6:39>> So, that So, that one total, each video
- 6:42is averaging anything from 10,000 to
- 6:45300,000 views per video.
- 6:47>> Why is this working?
- 6:48>> So, we took the scripts of David Chen.
- 6:50David Chen is the Chen in Chinese means
- 6:52money. So, my old wise, you know,
- 6:54grandfather. And then we took the things
- 6:57that worked and we transcribed those
- 6:59into and we put into Claude and we said,
- 7:00"Reword this for, you know, a female
- 7:02audience." It's exactly same script and
- 7:04now it's from a female perspective. And
- 7:05so, when we created Diana Carter, it's
- 7:08David Chen's ex-wife. So, then again,
- 7:10both videos are pulling.
- 7:12>> And people know this is AI?
- 7:14>> People even state in the air, but you
- 7:16know what they say? "I know it's AI, but
- 7:17I don't care cuz the information's
- 7:18good."
- 7:19>> I see. Okay, so you just completely
- 7:22demolish one of my arguments. I I never
- 7:24believed that video that was so
- 7:26obviously AI would take off.
- 7:28>> Yeah. I mean, think about it.
- 7:30I mean, people even when people see
- 7:32things on social media now, it's like
- 7:34they have to go, "Is it AI or is it not
- 7:35AI? Is it real or is not real?" So, if
- 7:38they're already questioning it, you may
- 7:39as well put it on there, right? Well,
- 7:40you can't stop it. Eventually,
- 7:41everything on social media will be AI.
- 7:44That's why in real life is going to be
- 7:46so much more valuable. That's why being
- 7:47here at Mindvalley U and and feeling the
- 7:49energy with with hundreds of packed
- 7:51rooms, that's where the magic and
- 7:53connection is.
- 7:53>> Now, what about videos featuring you?
- 7:56Are those working?
- 7:57>> Yes.
- 7:58But, here's the funny thing. If I look
- 7:59at my avatars, they're actually
- 8:00outcompeting my own videos. Why? Because
- 8:03the script is better. What's an avatar?
- 8:05>> [snorts]
- 8:05>> So, an avatar is a fake character, a
- 8:08fictional character that you make up and
- 8:10>> David Chen.
- 8:10>> Like David Chen. So, I would say, "Make
- 8:12me a old, wise, Chinese man who's got
- 8:15glasses. He looks wise, well-dressed."
- 8:18And he'll just create it. And I can you
- 8:19can create that through any, you know,
- 8:20Nano Banana Pro. Takes 2 seconds. And
- 8:23you can just prompt it. And then you can
- 8:25animate it. But, that's not where the
- 8:27magic is, Vision. The magic is in
- 8:29actually what already works. You know
- 8:30what people do? They go to Claude and
- 8:32they say, "Write me some scripts. Write
- 8:33me some hooks." It doesn't work. Why?
- 8:36Because it's slop. It has no wisdom
- 8:38behind it. So, what we do is we actually
- 8:40go and look at what actually works. We
- 8:41transcribe the videos. We put that into
- 8:43a knowledge base. And we can pull from
- 8:45that with proven, tried, and tested
- 8:46hooks. And that's why the first 3
- 8:48seconds of the video means whether your
- 8:51whether your video will get reach or
- 8:52not.
- 8:53>> Wow. So, there's a there's there's a
- 8:54method to this. You're not just using
- 8:56Claude to generate this content.
- 8:58So,
- 8:59what I find really fascinating about
- 9:01this is that people obviously know this
- 9:03is AI. And it seems that people nobody
- 9:04cares anymore.
- 9:05>> No. They don't care.
- 9:06>> They care about the content. But, let's
- 9:08break this down for someone who wants to
- 9:09do the same. How do you create David
- 9:12Chen? How would you create your own AI
- 9:15avatar step-by-step? What tools and what
- 9:17process?
- 9:18>> So, easiest one, Higgsfield. You go to
- 9:20Higgsfield and you just you you
- 9:22literally just describe your avatar,
- 9:24right? So, you know, Dinah Carter was,
- 9:26you know, old old lady, very
- 9:29posh-looking, looks rich, dresses in
- 9:32nice clothes, and it will do it for you.
- 9:34Okay, that's you've got the first one.
- 9:36Next thing, this is the most important
- 9:37one, voice design. So, we use something
- 9:39called 11 Labs. You go to 11 Labs, it
- 9:41says voice design, you you take you copy
- 9:43and paste the description, and you see
- 9:45what it gives you. And then and they'll
- 9:46give you three variations. And what I do
- 9:48is I look at the picture, I close my
- 9:50eyes, and I pray I play the voice. Does
- 9:51that sound like this person?
- 9:53>> Right.
- 9:53>> Right? Or I'll look at the picture, and
- 9:55then I'll I'll play the sound and go,
- 9:56"Does that sound like the person?" And
- 9:58when you feel it does, you use that as
- 10:00the voice.
- 10:00>> So, you save the voice, you have the
- 10:02image of David Goggins, you have the
- 10:04voice, you blend it together using
- 10:07>> So, we use something like HeyGen and
- 10:08Synthesia 2.0.
- 10:10>> Okay.
- 10:10>> So, HeyGen's probably one of the best
- 10:11for this. Also, um because the video
- 10:13generator makes it look really well. Or
- 10:15you can just use standard They have
- 10:17Avatar 5 now. So, Avatar 5 is pretty
- 10:19good.
- 10:19>> And what is Avatar 5?
- 10:21>> 5 is HeyGen's cloning avatar um
- 10:25generation, but it can do longer
- 10:26versions of it. If you use Avatar 5, you
- 10:28can go for like 2 minutes. If I use
- 10:30Synthesia, I can only go for for 15
- 10:32seconds. So, I have to keep generating
- 10:34and
- 10:35>> and it's sticking together. So, you
- 10:36recommend that people use Avatar Sorry,
- 10:38Avatar 5
- 10:39>> Five.
- 10:39>> to create a 2-minute video.
- 10:41>> That's right.
- 10:41>> Oh, that's really wonderful. Okay, so
- 10:42now these videos are providing great
- 10:46hooks, great ideas to the world. But
- 10:49from a video, how do you now get all of
- 10:51these leads?
- 10:52>> So, we have to put a call to action in
- 10:53there. So, at the end we'll say, "If you
- 10:55want to learn more, comment the word
- 10:56AI." Like if you go to any of my social
- 10:58media and you comment AI or event or
- 11:01learn, we have all these different call
- 11:02to actions and and points. And so, when
- 11:04people comment, they'll all send them a
- 11:05message, but
- 11:07I mean, most people know how to do that
- 11:08through ManyChat. What they're missing
- 11:09is a new feature. Do you know
- 11:12based on all the How many people have
- 11:13followed you in the last
- 11:1530 days?
- 11:16>> Maybe 80,000.
- 11:17>> 80,000. Imagine if every 80,000 people
- 11:20that follow you, every single person
- 11:23got a message from you.
- 11:25A lot of people don't know that. You can
- 11:26trigger an automation based on how
- 11:28people follow you. So, if you hit the
- 11:29follow, they get a message from me to
- 11:31say, "Hey, thanks for following me. By
- 11:33the way, I've got this book. Click here
- 11:35to check it out." Right. So, you just
- 11:36activate that. Now, you generate more
- 11:38leads.
- 11:38>> That's I did not even know that existed.
- 11:42>> [laughter]
- 11:42>> So, okay. So, now you have the people
- 11:44following you. You start generating
- 11:46leads. Let's talk about leads for a
- 11:48moment. How are you What is that initial
- 11:51offer? Now, I know that for that reply
- 11:54tool, you're using ManyChat.
- 11:55>> Yes.
- 11:56>> Okay. And ManyChat allows you to create
- 11:58a code word on your Instagram, and then
- 12:00it replies to that code word. So, the
- 12:02code word could be send info, or the
- 12:04code word could be webinar, and then it
- 12:07replies, "Here's the link to your
- 12:08webinar."
- 12:09>> That's right.
- 12:09>> Right?
- 12:10>> Yeah.
- 12:10>> But, what do you find that you that we
- 12:13need to drive people to to ensure that
- 12:15we're actually getting a lead?
- 12:17>> So, first of all, your content's got to
- 12:19be good. I mean, you cannot not have
- 12:21good content. Content has to either wow
- 12:23people, it's got to teach them something
- 12:25they've never knew, and it's always got
- 12:27to be new stuff. So, that's why research
- 12:29is important. So, we use things like
- 12:30Manas, right? And we And we go into a
- 12:33specific field, and we say, "Do all the
- 12:34research on this. Find all the white
- 12:36papers. Find out all the case studies.
- 12:38Find out what people are complaining
- 12:39about, what people like." We gather full
- 12:41research. We put that as context in
- 12:43something like Lord, and that now gives
- 12:45you extra wisdom on top of the things
- 12:47that you're already doing. So, your
- 12:48content's got to be like that. Once you
- 12:51have a content that pulls, so we look at
- 12:53anything that the
- 12:55the overall retention curve.
- 12:56If in 3 seconds the retention curve is
- 12:58dropping to an L, which means you're
- 13:00losing 90% of your views in 3 seconds,
- 13:03we don't run it. But, if it So, we keep
- 13:06editing the video until that curve
- 13:08becomes more flat instead of an L curve.
- 13:10And I'll show you an example of that a
- 13:12little bit later.
- 13:13But, once it goes flat, it means the
- 13:16flatter the curve is, the more reach you
- 13:18get for free on social media,
- 13:20specifically Instagram.
- 13:21>> So, you find the ones which have a flat
- 13:24curve, and what do you do?
- 13:26>> So, then we When people spend money on
- 13:28marketing, they have to guess if it's
- 13:30going to work or not. Right? And then
- 13:31they burn a lot of money. But what if we
- 13:34could put in an ad and we knew that it
- 13:36would work? If you create an ad that
- 13:38looks like an ad, people are not going
- 13:39to
- 13:40uh share it. But if you look If I show
- 13:42you my ads,
- 13:44right? People share the ads, which
- 13:45brings down your cost per lead. Because
- 13:47people are sharing, you get extra reach.
- 13:49So your ad can't look like an ad. It has
- 13:51to be content that is shared and posted,
- 13:53and that in return builds you more
- 13:55leads. So if Let's say I'll give an
- 13:56example. Let's say I posted a video. So
- 13:59I have a I have a video that's got
- 14:0020,000 comments. So you're generating
- 14:0120,000 leads.
- 14:03If I put fuel on the fire, it'll go to
- 14:0525,000 leads, right? 30,000 leads. And
- 14:08it will just keep going because it
- 14:09works.
- 14:10>> So if a video is doing good, you put
- 14:12money behind it.
- 14:12>> Yes.
- 14:13>> Doesn't that tell So I've heard rumors
- 14:16that when you do something like that,
- 14:17it's telling the Instagram algorithm,
- 14:19"Oh, this person is willing to pay, so
- 14:21let's suppress his virality so he pays
- 14:23more." Is that not true?
- 14:25>> No. It's not I mean, yes and no, but it
- 14:28doesn't matter now anyway because that's
- 14:29what they're forcing you to do. That's
- 14:30why they have um
- 14:32>> boost.
- 14:33>> Well, not just boost. You know, Have you
- 14:34heard of the Meta One platform?
- 14:36>> No, I haven't.
- 14:36>> So
- 14:37Meta One is, you know, if you you have
- 14:39to pay for the verification, right? You
- 14:40pay like $20 a month. You get extra
- 14:42benefits. You get more reach. You get
- 14:44more analytics. You can speak to someone
- 14:45at Facebook support.
- 14:47>> Right? So either way you play it, you
- 14:49still have to do that anyway. But not
- 14:51only that, it's not about social media
- 14:53anymore. It's about interest media. It's
- 14:54about topic media. It doesn't matter. I
- 14:57mean, if you look at when you make a
- 14:59post, how many is actually shown to your
- 15:00followers versus non-followers. That's
- 15:03what we're looking for. So in the past,
- 15:05yes, that used to apply, but not
- 15:06anymore.
- 15:07>> So you find a video that's doing well
- 15:09that has a flat curve, and you boost it.
- 15:11>> Yes. Well, not boost it. I run ads
- 15:13behind it with specific targeting.
- 15:15>> So that video is running as an ad.
- 15:17>> Yeah.
- 15:17>> With a specific targeting.
- 15:19Now, and then in the ManyChat, you're
- 15:21driving people to a particular outcome,
- 15:23which is sign up for a webinar or sign
- 15:25up for an ebook or something like that.
- 15:27>> calls or a call.
- 15:27>> Or a call. What did you find? So let
- 15:29let's talk about that model where you
- 15:31were generating $80,000
- 15:33for every uh from a single video. What
- 15:36were you driving them to from a David
- 15:38Chen video?
- 15:39>> So, people want to learn how to make an
- 15:41AI avatar. So, we would create a
- 15:44a web class or master class, which would
- 15:46be 90 minutes long. And in that 90
- 15:48minutes, we would say this is how you
- 15:49build it.
- 15:50Right? And so from there
- 15:52>> a completely free master class.
- 15:53>> Free master class. And then from there
- 15:54people go, "Oh, wow. I've learned how to
- 15:56do video generation, but what else do
- 15:58they need?" They need to know how to do
- 15:59vibe coding. They need to learn how to
- 16:01build brand. They need to learn how to
- 16:03create full AI automation workflow. They
- 16:05need to learn how to incorporate all of
- 16:08that so it monetizes. So, you teach them
- 16:10one thing, they get a result. You see in
- 16:11today's world vision, people don't want
- 16:13to pay for education anymore. They want
- 16:14to pay for outcome. What is the outcome?
- 16:16The outcome is you're going to create an
- 16:17avatar. Wow, great. Now what? Oh, now
- 16:20you need to monetize it. Oh, we have a
- 16:21program for that.
- 16:22>> Now, I I think you just said something
- 16:24really profound. People don't want to
- 16:25pay for education cuz Claude can
- 16:27basically solve any problem for you.
- 16:29They want to pay for an outcome. Can you
- 16:31elaborate on that? What does that look
- 16:33like from someone who's an expert on
- 16:35authority?
- 16:36>> Okay, so let's So, give me an example of
- 16:38a niche and I'll I'll I'll I'll give you
- 16:39>> Okay, so let's say um a niche here is um
- 16:43executive leadership.
- 16:45>> Okay. So, if you're an executive leader
- 16:47and you do executive coaching, so what's
- 16:48the outcome of that? So, what do you all
- 16:50executive coaches face? Right? They're
- 16:53dealing with CEOs who are stressed.
- 16:55They're dealing with CEOs who don't know
- 16:57how to lead a team. They're They're
- 16:59dealing with CEOs who are maybe in
- 17:01hiring problems and issues or maybe
- 17:03business partner issues. So, what is the
- 17:05outcome for that? So, you need to have a
- 17:07different advertising angle on each one
- 17:10of them. So, once you attract that
- 17:11person in, if they're an executive
- 17:12coach, then what is the outcome for the
- 17:14CEO? To be less stressed, to be less
- 17:16overwhelmed, to be able to lead their
- 17:18team effectively. Once you do that, that
- 17:20is the outcome. So, what is the outcome
- 17:21of that? Productivity and bottom line.
- 17:24>> Mhm.
- 17:24>> I'm going to coach you.
- 17:25How much you making now? Let's say that
- 17:26person makes a million. By finished,
- 17:28you'll be 2 million.
- 17:29That's the outcome.
- 17:30>> And how does that translate to an ad?
- 17:32>> Well, you need to look talk about the
- 17:34pain.
- 17:34So, for example, are you a CEO of a
- 17:37company, but your team doesn't listen to
- 17:38you? Are you a CEO of your company, and
- 17:42you're you're [snorts] you're stagnant,
- 17:43you're not growing? Are you the CEO of
- 17:45your company, but you can't hire the
- 17:47right talent? You keep going through a
- 17:49lot of churn.
- 17:49>> And the this is the copy on an
- 17:51advertisement that leads to the video,
- 17:54or leads to the landing page.
- 17:55>> That's right. So, video talking about
- 17:57this. And also, as well, if you look at
- 17:59the targeting on Facebook, it's also how
- 18:01long they watch the video for.
- 18:02>> Yeah.
- 18:02>> So, they're watching 25% of it, 55%,
- 18:0595%. Actually, you shouldn't really be
- 18:08showing someone an ad until they've
- 18:10watched more than 50%. So, I
- 18:12>> Yes.
- 18:12>> But I thought the video was the ad.
- 18:15>> It organically, yes, but you haven't
- 18:17paid for it.
- 18:18>> I see.
- 18:18>> But now you're when you put money behind
- 18:20it,
- 18:21now these people are qualified. So,
- 18:23therefore, the Because, remember, what
- 18:25is the end outcome that you want? You
- 18:26want a conversion.
- 18:27If someone watches 3 seconds of your
- 18:29video, that's not a highly qualified
- 18:30audience, is it? You want someone who's
- 18:33consumed your content. Once they've
- 18:35consumed your content, that's going to
- 18:36become a conversion. Right? If people
- 18:39like your post, you know the best one?
- 18:40Saves.
- 18:42People go, that's a great content.
- 18:43>> Right.
- 18:43>> They save it, but they never with a with
- 18:45the mind of I'll come back to it, and
- 18:47they never do.
- 18:48>> Yeah.
- 18:48>> Right? So, now, what if I can go on to
- 18:50Facebook and say, find all the people
- 18:51that watch 50% of my video, that saved
- 18:54the video, and now they see another ad.
- 18:56Now, it's going to convert.
- 18:58>> Wow. Okay. So, now, in a video, like a
- 19:01David Chen video,
- 19:03does David Chen invite people to the
- 19:05webinar, or is that only in the
- 19:07captions?
- 19:08>> No. So, he says, comment the word event,
- 19:11or comment the word and you know what I
- 19:12did? When we do the script, we've
- 19:14trained our AI to put that call to
- 19:16action in there based on the context of
- 19:18the actual conversation they're having.
- 19:20So, if we're talking about how to save
- 19:21more money,
- 19:22>> Mhm.
- 19:22>> right? Or how to, you know, keep it and
- 19:24how to multiply it, it'll be like, "Hey,
- 19:25if you want to learn how to multiply
- 19:27your income, comment the word event and
- 19:28we'll send you a link to our next
- 19:29training."
- 19:30>> If you're ready to stop playing small
- 19:32and start operating at a completely
- 19:34different level,
- 19:35comment event below and I'll send you
- 19:38everything you need to secure your seat
- 19:40at my upcoming event.
- 19:42>> And these videos are still going viral.
- 19:43>> Yeah. Yeah.
- 19:44>> Amazing. And then you send them the
- 19:46link, and this link is typically
- 19:48inviting people to a masterclass. Now,
- 19:49on the masterclass,
- 19:51is it you or is it David Chen?
- 19:53>> So, it's me, but one of the things that
- 19:55we will be testing is David Chen.
- 19:57>> I see.
- 19:58>> So, so, but what we found is if they go
- 20:00from David Chen to a John Lee page, the
- 20:03conversion's really low. If they go
- 20:05from, this is weird, a David Chen to a
- 20:07David Chen landing page, the
- 20:09conversion's high. But then when I go
- 20:11on, it doesn't matter because now it's
- 20:12me. I say, "By the way, David Chen, I
- 20:14created David Chen. Here's how Here's
- 20:16how I did it." Now, that's how we frame
- 20:18it.
- 20:18>> That is ingenious.
- 20:20So, wait a minute, when they come to the
- 20:22landing page, they know David Chen is an
- 20:23AI avatar.
- 20:24>> That's right.
- 20:25>> They just don't know who's behind it.
- 20:26>> Mhm.
- 20:26>> You show up for that webinar and you're
- 20:28the man behind David Chen.
- 20:29>> Well, I showed you before. You're like,
- 20:30"Oh, I've seen that guy before."
- 20:32>> I was blown away, honestly, John. Like,
- 20:33I was I was seriously blown away by
- 20:34this. Now, are these webinars live or
- 20:37are these webinars pre-recorded?
- 20:38>> So, what we do is we do them live, and
- 20:40then we do something called a hybrid.
- 20:42So, once we get it converting,
- 20:45like, you know, you do it and then
- 20:46there's conversions from there. So, then
- 20:48you don't guess whether it's it's the
- 20:50Because sometimes you'll you'll run a
- 20:52webinar, and sometimes it converts,
- 20:53sometimes it doesn't. And then there's
- 20:54all these different factors that come to
- 20:56play. You're like, "Oh, the audience
- 20:57wasn't right. The time wasn't right. The
- 20:58day of the week wasn't right. You know,
- 21:00the World Cup was on."
- 21:01>> Right.
- 21:02>> but then if you play the exact recording
- 21:04that converted last time, then it can't
- 21:06be the recording. So, what we do, and
- 21:08this is how we do this,
- 21:10um
- 21:11once we got it converting, we top and
- 21:13tail it. So, the start I come and say,
- 21:15"Hey, let's say it's Christmas. Hey,
- 21:16Christmas is coming up. It's amazing.
- 21:18Hey, hope you got your presents. By the
- 21:19way, are you guys ready? If you're
- 21:20ready, okay, go." Then we transition
- 21:22into a recording and just recording the
- 21:25whole thing. That's why all of our
- 21:26webinars, we have them on wholesome
- 21:29panelists only for the chat. It's not
- 21:30It's not a public chat. One, because
- 21:33it's distracting for people, especially
- 21:34in I mean, our webinars have like You
- 21:36got like 150,000 people registered.
- 21:38>> Right.
- 21:38>> Right? So, we have them off, but
- 21:40wholesome panelists can see it.
- 21:42>> I see. So, the the middle of a webinar
- 21:44is recorded, but the intro you're doing
- 21:46it live.
- 21:46>> Yeah, and then the end we do it live,
- 21:47cuz most of the conversions come in the
- 21:49Q&A.
- 21:50>> join these webinars anytime or do you do
- 21:51it like once a month or once a week?
- 21:53>> What, for the people joining?
- 21:55>> Yeah.
- 21:55>> Um we have it every Wednesday.
- 21:57>> Every Wednesday. So, every Wednesday
- 21:58you're going live,
- 22:00and no matter what day of the week they
- 22:02sign up, the webinar happens on
- 22:03Wednesday.
- 22:04>> That's right, like
- 22:04>> Do you find that that makes a big
- 22:06difference versus just having a um a
- 22:08recording?
- 22:09>> Once the com Yeah, so so, okay, we we
- 22:12also run it on Zoom.
- 22:13>> Yeah.
- 22:14>> Right? So, Zoom you expect it to be
- 22:15live.
- 22:16>> Right.
- 22:16>> Right? You can't use all the other ones,
- 22:18cuz it's too obvious.
- 22:19>> Yeah.
- 22:19>> Right? And also, you you also need a
- 22:21live team in there as well. So, when
- 22:23people chat, they need to
- 22:25put comments in there. Right? You can't
- 22:26just have an automated chat either. Cuz
- 22:28someone says, "Oh, but Oh, can you play
- 22:30that slide again?" My team will take a
- 22:31copy of the slide, put it in.
- 22:34>> I see.
- 22:34>> Right? So, it it it is live live, but
- 22:37the presentation is just not live.
- 22:39>> But it's Exactly, but you're responding
- 22:41to So, that's so interesting, cuz I
- 22:43would think, John, that it would make
- 22:45more sense if the entire thing was
- 22:46recorded, and you can just watch it
- 22:48anytime.
- 22:49>> No, because you still need to build a
- 22:50rapport at the start and the end.
- 22:52Right? Because here's the thing, I've
- 22:54I've And also, when I watch the
- 22:56retention, I see how many if the numbers
- 22:58stay or drop. It's It's consistent all
- 23:00the way to the end until you make your
- 23:01offer. Right? And then people start
- 23:02dropping off.
- 23:03>> Now, what what what's a good number from
- 23:04people who watch your webinar
- 23:06>> Mhm.
- 23:07>> who then purchase?
- 23:09>> So, we'll have 10,000 people register
- 23:11for a webinar. The show rate is 25% and
- 23:13the conversion rate will be about 8%.
- 23:15>> Okay, and that's 10,000 people per week?
- 23:17>> Yes.
- 23:19>> That's insane. 10,000 40,000 people per
- 23:22month.
- 23:23>> That's right.
- 23:23>> And uh so 2,500, so 10,000 show up per
- 23:26month. And how what's the conversion
- 23:28rate?
- 23:28>> 8%.
- 23:29>> 8% 2,000 people show up uh per month and
- 23:338% of that would be be 160.
- 23:35>> Yep.
- 23:35>> Okay. And these 160 people, what are
- 23:37they buying?
- 23:38>> So, they buy a 3-day deep dive into
- 23:41learning that specific topic.
- 23:43>> How much?
- 23:44>> So, 997.
- 23:45>> 997. [snorts]
- 23:46>> yeah.
- 23:47>> And is that also online?
- 23:48>> Yes.
- 23:49>> It's also online. So, you're teaching
- 23:50them anywhere in the
- 23:51>> teaching them anywhere in the world. And
- 23:53you do this 3-day deep dive every month.
- 23:55>> Yes.
- 23:56>> That's commitment, man. That's
- 23:57commitment. You're a hard worker.
- 23:59>> I put in the hours.
- 24:00>> [laughter]
- 24:00>> Yeah, yeah, yeah. So,
- 24:02>> But but sometimes like uh
- 24:03>> And they're paying what what again?
- 24:04A thousand dollars?
- 24:06>> We couldn't we put it under like three
- 24:07digit 997.
- 24:09>> Got it.
- 24:09>> But we tried thousand and 997, somehow
- 24:11997 always converts better.
- 24:14>> dollars from that. Okay, now this is
- 24:16getting fascinating. So, you see how the
- 24:17funnel starts getting more and more
- 24:19complex, but now
- 24:21we're starting to see really good
- 24:23revenue here. So, 180,000 dollars
- 24:26in collected fees for a 3-day deep dive.
- 24:29And this is this 12 hours a day? 10
- 24:31hours a day?
- 24:31>> We we typically go like US time zone
- 24:34from um 2:00. So, those 3 days 2:00 all
- 24:37the way till 9:00 p.m.
- 24:39So, it's it's about five or six hours
- 24:41depending on how many questions people
- 24:42have.
- 24:44>> hours.
- 24:45>> And then also what we do
- 24:46what a lot of people do in these 3 days,
- 24:48they'll keep selling people stuff.
- 24:49Right? You don't want to do that cuz
- 24:50first of all, people have paid for it
- 24:52and I have this concept called you need
- 24:54to earn the right to sell. Earn the
- 24:56right to sell. So, day one, all content,
- 24:58no selling. Day two, all content. And we
- 25:00give an invitation at the end. We say,
- 25:02"By the way, the event is officially
- 25:03finished at this time, but if you want
- 25:05to stay behind and you would love to
- 25:07learn more, then stay behind." So, then
- 25:08people don't complain.
- 25:09>> That's very respectful. Yes.
- 25:10>> Now, one of the things I've noticed
- 25:11about you, John, is that you never come
- 25:14across as salesy. I've never seen John
- 25:17Lee on stage or John Lee in a webinar.
- 25:20It's always an invite, and that's
- 25:21[clears throat] something I've really
- 25:22respected about you because a lot of
- 25:23experts and authorities, including
- 25:25myself, we have a fear of damaging our
- 25:28brand and credibility by appearing as
- 25:30salesy or pushy.
- 25:31>> Mhm.
- 25:32>> What is the psychology that you uphold
- 25:34that makes you feel so authentic and
- 25:37real?
- 25:38>> First of all, I know that I can really
- 25:39help people. And it it it it it bothers
- 25:42me. There's a lot of people out there
- 25:43teaching stuff that just doesn't work.
- 25:44Everything I do is proven, tried, and
- 25:46tested. I can show you the results. I
- 25:47can say, "Here's the numbers." And
- 25:49sometimes it doesn't work. But
- 25:50sometimes, okay, why didn't it work? And
- 25:52sometimes that's even more powerful
- 25:53lesson. But you know what I believe is
- 25:55that if you're on stage, like, to not
- 25:57make an offer or to not do an invite to
- 26:00something else is, in a way, being
- 26:02selfish. Because now they're going to go
- 26:04away and try and do this stuff
- 26:05themselves, and they're going to fail by
- 26:06themselves. But if they have, like,
- 26:08someone like Mindvalley or if they have
- 26:09some of your mastery programs, your
- 26:10masterminds, then that creates
- 26:12community. And that's what I love about
- 26:14I just I was just interviewed downstairs
- 26:16from this event. You know, what do you
- 26:18think about it? What's magical about
- 26:19this event? Community, connection. And
- 26:21what I love about what you've created is
- 26:23this like no one's got an ego. Like,
- 26:25you've got people who are doing hundreds
- 26:26of millions of dollars sat around a
- 26:27table, and yet everyone's just going to
- 26:30help each other.
- 26:30>> Wow.
- 26:31>> Right? And that's where it comes from.
- 26:32It's it's this ability to know with a
- 26:35thousand percent confidence that if you
- 26:37do what I tell you to do, you will get
- 26:38results.
- 26:40There's no qualms about it. Do exactly
- 26:42what I tell you to. Don't deviate. Be
- 26:44consistent, and you will get the result.
- 26:46>> your And in your thousand-dollar
- 26:48three-day event, you break it all down
- 26:51for people. You go super deep.
- 26:54Now, you said you also invite them to
- 26:55stay back to hear about your next offer.
- 26:57What is that next offer?
- 26:59>> So, we have a group coaching because
- 27:01there's a saying content for free,
- 27:03implementation for a fee.
- 27:05>> Right.
- 27:05>> So, that means okay, we're going to show
- 27:07you how to do it. You have two choices.
- 27:08One, go and do yourself and many people
- 27:10do. But, some people are like, "No,
- 27:11John, I want a fast track. Right? I want
- 27:13to collapse time. Like, teach me how to
- 27:15guide us how to do this." And so, we
- 27:16also have our team members involved in
- 27:18that as well. And sometimes we'll have
- 27:19experts that come in to teach their side
- 27:22of it. So, that group coaching works
- 27:24really well. Plus, we we give things
- 27:25like access to software, access to
- 27:28ongoing training. I also
- 27:30>> And and what what is group coaching
- 27:31looking like? Is this another Zoom
- 27:33event?
- 27:34>> So, we call it one-to-one group. It's
- 27:36like, "John, how can we one-to-one and
- 27:37group?" So, we limit how many people can
- 27:39be in there at any one time. And so,
- 27:41when they come on, they'll raise their
- 27:44hand, they'll come on stage, then we me
- 27:45and them. They'll ask me a question. And
- 27:48then, the good thing about that is when
- 27:49this person asks the question, everybody
- 27:51else learns at the same time. So, they
- 27:52don't ask the question.
- 27:53>> Well, how many people do you put in
- 27:54this?
- 27:55>> 100.
- 27:55>> 100 people for each group. And what do
- 27:57they pay?
- 27:58>> Um 10,000.
- 27:59>> Wow. So, now you have a million-dollar
- 28:01product.
- 28:02>> That's right.
- 28:02>> 10,000 100 people in this. Is this a
- 28:04one-day event?
- 28:05>> No, it's just they just go on um twice a
- 28:07month uh for about 2 hours.
- 28:10>> Twice a month for about 2 hours.
- 28:13>> Mhm. Depending on how many questions
- 28:14people have. Sometimes people
- 28:15>> are paying $10,000 for 4 hours with you
- 28:18a month.
- 28:19>> That's right.
- 28:20Well, they normally pay me 5,000 for
- 28:21one, so it's a good deal for them.
- 28:23>> Okay, so that's incredible. So, now you
- 28:25have a million-dollar-a-year product.
- 28:28What's next? What happens from that?
- 28:30What is the next level of that?
- 28:32>> So, naturally, people in group format,
- 28:34they go, "Well, John, actually, I want
- 28:35to be able to do more what deep dive."
- 28:38>> Yeah.
- 28:39>> So, now it's one-to-one.
- 28:41So, we take a few of those clients to be
- 28:43able to go up to the next level. So, the
- 28:45next level from there will be 75,000.
- 28:47>> I see.
- 28:48>> And that's one-to-one.
- 28:49>> 75,000 one-to-one. And how much time
- 28:52does that involve?
- 28:53>> So, typically they'll start off with a
- 28:54game plan. So, one hour we go through a
- 28:57game plan and then typically they'll fly
- 28:59to me and I'll spend a day with them
- 29:01talking about the entire business for
- 29:03execution.
- 29:04And then from there they'll get 10
- 29:06one-to-one calls. And then in after that
- 29:09they'll also get access to my AI.
- 29:11>> Okay.
- 29:11>> So, I put all my knowledge into one
- 29:13place and then they also get a retreat
- 29:14as well.
- 29:15>> I see. I see. And the retreat is how
- 29:17many days?
- 29:17>> Three three days in Bali.
- 29:19>> Three days. So, let's look at the
- 29:21numbers here. So, you're making $75,000
- 29:23as a consultant. They're spending a day
- 29:25with you. So, that's eight hours.
- 29:26>> Yeah. Um 10:00 till 4:00. Uh yeah. 10:00
- 29:29till 4:00.
- 29:30>> So, that's about six hours and then they
- 29:31get an additional 10 hours with you.
- 29:34>> Half an hour sessions.
- 29:35>> Half an hour. So, that's another five
- 29:37hours. So, that's about 11 hours quality
- 29:39time one-on-one and then they get a
- 29:41retreat.
- 29:41>> That's right.
- 29:42>> Right. And that's 75,000.
- 29:44>> Mhm.
- 29:44>> That's [clears throat] totally worth it.
- 29:45It's great value. It can transform
- 29:46someone's business.
- 29:47>> It's great value. And actually even when
- 29:48I do that I don't I don't just want to
- 29:50pick someone to be able to just do the
- 29:52consultation because it's not worth the
- 29:53time.
- 29:54>> Right.
- 29:54>> I know it sounds really bad saying that.
- 29:57But actually you wanted to create a
- 29:58collaboration from that.
- 29:59>> Yeah.
- 30:00>> So, I'll give an example. One of my
- 30:01clients, he fixes people's pain.
- 30:03>> Right.
- 30:03>> So, I have him come to my events and I
- 30:06say does anyone got pain? He says,
- 30:07"Yeah. You need to see this person." He
- 30:09gets business from that and then I'm
- 30:10almost like an investor in their
- 30:12business.
- 30:13>> Oh, wow.
- 30:13>> Right. So,
- 30:14>> Right.
- 30:15>> Do you remember Dr. Mark Leong, the guy
- 30:16who's taking his company public?
- 30:17>> Yeah.
- 30:17>> Right? Remember Whole Foods tried to buy
- 30:19his company for 72 million?
- 30:20>> Yeah.
- 30:21>> And that whole interview that we did?
- 30:22Same thing with him. He said, "Hey John,
- 30:24I'm He's selling 6,000 boxes of collagen
- 30:26on TikTok Shop." And he's like, "John, I
- 30:28want to teach people how to do this."
- 30:30So, what is he doing? I bring him to my
- 30:31audience. I say, "Mark, teach my
- 30:33community how to use TikTok Shop and now
- 30:35I have shares in his company." So, when
- 30:37I'm doing the one-to-one, I do a equity
- 30:40stake in the company once they can
- 30:42perform.
- 30:43>> You You commit to a certain amount of
- 30:45support for them for an equity stake,
- 30:47but you don't put in money.
- 30:48>> No.
- 30:48>> You put in advice.
- 30:50>> Yes.
- 30:50>> That's incredible.
- 30:52>> And infrastructure. What do you mean by
- 30:53infrastructure?
- 30:54>> So, for example, in his case, he's got a
- 30:55lot of lot of knowledge in his head. But
- 30:58he has to keep articulating all the
- 30:59time. So, what if I can take that
- 31:01knowledge, put it into an SOP, and that
- 31:04SOP then can help you scale?
- 31:05>> Wow.
- 31:06>> Right? So, they they have new employees
- 31:07coming in, SOP gets them on board. It's
- 31:10like having an employee that's been
- 31:11there for like 10 years.
- 31:13>> That's incredible. Now, what
- 31:15But where does this fit in? Roll the
- 31:16clip of John's events, cuz I see you in
- 31:20front of events in Singapore and Dubai,
- 31:234,000 people in the room. What is that
- 31:25product and where does that fit in?
- 31:27>> So, when I get off stage, you know what
- 31:28it's like, you get off stage, everyone
- 31:30starts surrounding you, right? Right?
- 31:31The question is either going to be can I
- 31:33learn from more from you, or can you do
- 31:35it for me?
- 31:36>> Yeah.
- 31:36>> So,
- 31:37when I look at the audience, I don't
- 31:39think like how can I sell them
- 31:40something? I think how can I add so much
- 31:41value to them that they can go and do
- 31:43this stuff themselves? That's number
- 31:44one. Number two is I think, well, how
- 31:47can we collaborate together? So,
- 31:48effectively, the audience becomes your
- 31:50workforce. I'll give you an example. I
- 31:51have 300 people in my AIBGS executors
- 31:55part of the team, right? What they do is
- 31:56they
- 31:56>> So, what is AIBGS?
- 31:58>> So, AI business growth strategist.
- 31:59>> Got it.
- 31:59>> So, they they learn AI, they learn
- 32:01social media, but they've got consulting
- 32:03in the top. So, we go in, we consult the
- 32:05company, and then they go, well, can you
- 32:07do that for us? And then they do it for
- 32:09them.
- 32:09>> Yeah.
- 32:10>> Right? So, that one person is able to do
- 32:11that. So, that comes from audiences. I'm
- 32:13almost I'm recruiting,
- 32:15you know, people like manpower and
- 32:17talent from an audience. So, now we can
- 32:20work together.
- 32:21>> So, you're driving So, you're building
- 32:22people who are professionals who develop
- 32:24this professional skill, and you're
- 32:25driving them
- 32:26>> leads.
- 32:26>> That's right.
- 32:27>> That's That's That's beautiful.
- 32:28>> And and and and here's a business model.
- 32:30Someone comes to me and says, John, can
- 32:31you build me a chatbot? Sure, it's
- 32:32$5,000. I don't build it. I use my brand
- 32:35to collect the money, and then I
- 32:37give it to one of my AIBGS clients, and
- 32:39then we do a profit share.
- 32:40>> I see. I see. I see. So, the events with
- 32:434,000 people that I've seen you do in in
- 32:46Dubai, in Singapore, that I'm guessing
- 32:49that's a version of the 3-day online
- 32:52seminar that you do, the one that you
- 32:53charge $1,000.
- 32:54>> So, they So, they mainly like either
- 32:55paid keynotes, or sometimes they just
- 32:57cover my flights and hotels, but if I'm
- 32:59going there, I'm able to offer a gift.
- 33:01>> I see.
- 33:01>> And I say, "Okay, here it is."
- 33:02>> end of an event, what type of gift do
- 33:04you offer?
- 33:04>> So, either a 3-day online event, or I
- 33:07might say we're running a mastermind. It
- 33:09depends where I'm so
- 33:10>> So, when you got off stage here at
- 33:11Mindvalley, you flashed a QR code, and
- 33:13you said it's not it's normally a
- 33:14thousand, but for the Mindvalley
- 33:15audience, it's free. That is the 3-day
- 33:17online mastermind. Got it. And for a
- 33:203-day online mastermind, that's when you
- 33:22have the
- 33:23the $10,000 one-on-one.
- 33:25>> A group, $10,000 group.
- 33:27>> A $10,000 group, which is $75,000. This
- 33:30is blowing my mind, and we're going to
- 33:32come to the book Money Unlocked, but
- 33:33definitely what I love about what you're
- 33:35doing is you are unlocking money at
- 33:37every level. Now, what about the highest
- 33:40level? Cuz I know your highest ticket
- 33:42item is $125,000.
- 33:43What does that look like?
- 33:44>> called Icon.
- 33:45>> Okay.
- 33:46>> So, what is Icon? So, Icon people
- 33:49is someone with a very powerful message
- 33:51that they want to fly around the world,
- 33:52but but they need for example, they want
- 33:54a book. So, we help them with the you
- 33:56know, write a book cuz this is coming on
- 33:57your time to sell. How do we do it? How
- 33:58do you promote it? How do you put on
- 34:00your own events? Okay, so to start with,
- 34:03people not able to do that cuz it's a
- 34:04big feat, you know, it's I mean, you
- 34:06know,
- 34:07>> [laughter]
- 34:07>> you've put a lot of events. So, what we
- 34:09do, we provide a stage, right? So, now
- 34:11you come on my stage,
- 34:13and I'll put the stage on for you.
- 34:15Right? And then also, they can fly
- 34:17around the world with me as well. So, um
- 34:19so, and again, I don't guarantee it, but
- 34:21I say, "Look, a lot of the deals I've
- 34:22done in the green room."
- 34:24Right? We need to create network
- 34:25together. So, once they're good enough,
- 34:27then I can put them forward for things.
- 34:29>> That's incredible. Yeah.
- 34:30>> Yeah. I almost become their agent.
- 34:32>> Yeah. Yeah. I love the empire that
- 34:34you've built, John. Now, let's talk
- 34:37about money unlocked. What do you learn
- 34:41from this book?
- 34:42>> So, it's how do you keep it? Well, how
- 34:45do you make it first and how do you keep
- 34:46it? How do you multiply it? The problem
- 34:47is how many people do you know who are
- 34:49wealthy but they're still broke?
- 34:50Because what happens they're trying to
- 34:51keep up with the Joneses. They're
- 34:52spending all this money. They're not
- 34:53keeping it. You know, the secret to
- 34:55wealth is actually earning more money
- 34:57and keeping your lifestyle the same.
- 34:59>> Yeah.
- 34:59>> That's actually how it should work. You
- 35:01know, it's like business. What happens?
- 35:02They spend that they make all this
- 35:04money. They pull out all these costs and
- 35:06they pay for everything. What's left
- 35:07they save and invest. It should be the
- 35:09other way around. You make all this
- 35:11money. You take your profit first on
- 35:12what you want and what is left you use
- 35:14that for your costs. That should be
- 35:16applied to your life as well but people
- 35:18don't do that. They make money. They
- 35:19spend it. They make make more more
- 35:21money. They spend more more money.
- 35:22>> Mhm.
- 35:23>> And it's this never-ending loop. And it
- 35:25starts to build this down spiral. So,
- 35:28the book is really to change that
- 35:29mindset. You know, people want to become
- 35:31a millionaire or billionaire and they
- 35:32think it's about the numbers. It's not.
- 35:34A millionaire, the true definition, is
- 35:37to have impacted a million lives before
- 35:39you leave this planet.
- 35:40That's what I really believe a true
- 35:42definition of a millionaire is. And why
- 35:44did I write the book? Financial
- 35:45education. One of One of my beefs
- 35:48is with the financial education system.
- 35:50>> And why is that?
- 35:51>> Because they don't teach you the skills
- 35:53that is equipped for life. How many kids
- 35:56graduate from university in debt and
- 35:58they spend their entire lives paying it
- 36:00off?
- 36:00>> Yeah.
- 36:00>> Right? Why Why was never people been
- 36:02taught like real estate? If you're going
- 36:04to send your kids to to university and
- 36:06they're going to stay in halls of
- 36:07residence, at least buy a house for
- 36:09them. Let them stay in it. Let all their
- 36:11friends stay in it. By the time they
- 36:12graduate, the thing's paid off. Now they
- 36:14don't have any debt. They got assets
- 36:15now.
- 36:16Right? But they were never taught that.
- 36:18We never taught we we taught to trade
- 36:20time for money. We haven't been taught
- 36:22to invest. For example, save money for a
- 36:25rainy day. We should invest money for a
- 36:27rainy day. Pay off your mortgage. That's
- 36:28actually the worst thing you can do.
- 36:30Because it your money's not working for
- 36:31you, right? Have cash in the bank. Cash
- 36:34is trash.
- 36:35Cuz it's not growing.
- 36:36>> Yeah.
- 36:36>> You need to put it into assets, into
- 36:38real estate, into things that
- 36:40appreciate. But we're never taught that
- 36:42because it's risky. Oh, you shouldn't do
- 36:43that.
- 36:44>> So, you know, one of the things I've
- 36:45always wondered is, if you have a
- 36:46business, how much do you know as the
- 36:48founder to remove from the business and
- 36:50put into assets that appreciate versus
- 36:53keep it in your business and continue
- 36:55growing the business.
- 36:56>> So, in the book I talk about the 30 30
- 36:5830 10 strategy. Take 30% put it into
- 37:01your own business. 30% put into other
- 37:03people's businesses. The other 30% put
- 37:06into assets and 10% put into a moonshot.
- 37:09I something very risky. Cuz if it goes
- 37:11to zero, it doesn't matter.
- 37:12>> Okay, so 30% you keep it in the
- 37:14business. Okay, 30% of the cash you you
- 37:19um put it in you invest in other
- 37:21people's businesses. 30% would be
- 37:23assets, so stocks or property.
- 37:25>> Yeah, correct.
- 37:25>> And then 10% on a moonshot. This is a
- 37:27potential new business.
- 37:29>> New business, high risk.
- 37:31>> [snorts]
- 37:31>> Call it crypto, call it stock shares,
- 37:33whatever it is. Something that
- 37:35maybe you want to just support your
- 37:36friends. Like you know it's not going to
- 37:37do well. Just put it in. You never know.
- 37:39This is how people need to be thinking.
- 37:41Like the problem is they have no
- 37:42allocation.
- 37:43>> Right.
- 37:44>> Right? And a lot of businesses don't
- 37:45have that much runway either.
- 37:47Right? So So, having this mindset gives
- 37:49you runway, but it gives you the but
- 37:51like
- 37:52I said to someone downstairs, I said,
- 37:53"Who owns a Tesla here?" And like put a
- 37:55hand up. "How much did you pay for it?"
- 37:56"65,000." I said, "Imagine if you put
- 37:58that 65,000 into Tesla stock in 2020.
- 38:02How much would it be worth now?" And I
- 38:03see all these people with Apple
- 38:04products. I said, "How many of you buy
- 38:05Apple products every time a new product
- 38:07comes out?"
- 38:08And I said, "Look, every year you're
- 38:09spending $1,000 on a new phone. Imagine
- 38:12taking that 10,000 that you would have
- 38:13spent over the 10 years. Put that into
- 38:15Apple stock. You can buy a million
- 38:17iPhones now."
- 38:18>> I I did the math.
- 38:20If I had taken as much as I put in
- 38:22iPhones and put it in Apple stock,
- 38:25I think the number came up to about
- 38:26$130,000.
- 38:28>> Amazing. Right? But that's what we call
- 38:30intrinsic value. Right? I I get I did a
- 38:33test downstairs. I said, "If I had a
- 38:34Rolex Daytona here, Patek, who would pay
- 38:37me 10,000 for it right now?" Two people
- 38:39out of 800 people put their hand up. And
- 38:41what does that tell me? It tells me they
- 38:42don't understand value. Because that
- 38:44watch has a 10-year waiting list. Even
- 38:46if you don't like watches, has a retail
- 38:48value of between 25 and 32,000 pounds.
- 38:51>> Wow.
- 38:51>> So you could have bought it and sold it
- 38:52and flipped it the next day.
- 38:54But people go, "I don't like watches.
- 38:55I'm not buying it."
- 38:56>> Right.
- 38:56>> But they don't see the value.
- 38:57>> Mhm.
- 38:58>> That's what I seen really. That's what I
- 38:59seen.
- 39:00>> breaks down the the secret of really
- 39:03understanding the nature of money, how
- 39:05to use money.
- 39:06>> Yes. How to make it, how do you keep it,
- 39:09how do you multiply it. I think the
- 39:10first freedom that I talk about
- 39:12different freedoms there. Free, rich,
- 39:13and wealthy.
- 39:15Free is just getting to a point where
- 39:16you never have to work again.
- 39:17>> Right.
- 39:18>> Right?
- 39:19Rich is now you've got how much you need
- 39:21and then also now all your things that
- 39:23you want in life. But wealthy is a
- 39:25magnification of who you are.
- 39:27Right? It allows you to do what you
- 39:29want, when you want, with whoever you
- 39:30want. An extension of you and your
- 39:32message and your mission.
- 39:33>> John, thank you so much. That was a
- 39:36perfect end point for this interview.
- 39:39Firstly, thank you for being so open,
- 39:41for being such a dynamo on stage. I see
- 39:44how much the audience loves you. And I
- 39:46also want to thank you for your
- 39:47generosity in breaking down your funnel.
- 39:50I know for many of you who dream of
- 39:51being an expert and authority in your
- 39:53field, John's funnel
- 39:55um may not be something you can step
- 39:56into immediately, but it shows you the
- 39:59possibility of what you can do when you
- 40:02start stringing the together things
- 40:05right. And it also shows you that even
- 40:07if you feel you're not ready for social
- 40:08media, with AI skills, you can generate
- 40:12avatars that actually work. This was the
- 40:14part that completely blew me away
- 40:16because I never would have guessed that
- 40:18this worked. I'm still shocked that this
- 40:21idea even works. So, John, can we do a
- 40:23quick recap of how your funnel model
- 40:25works?
- 40:26>> Okay, so really simple. Post content
- 40:28ABC, always be promoting. I talk about
- 40:30this concept with the 116. One topic,
- 40:32one platform, post every single day for
- 40:346 months. Once you've done that, you'll
- 40:36see which ones are the winners, which
- 40:38ones are the losers. You take the ones
- 40:39that are winners and you run some ad
- 40:41spend behind it cuz you know it's going
- 40:42to convert. From there, you run a
- 40:43ManyChat campaign what I call a DM call
- 40:46to action. So, now comment the word AI,
- 40:48comment the word event, comment the word
- 40:49learn. Now you start building a list.
- 40:52That list you then drive to a webinar or
- 40:54a masterclass and there you do a
- 40:55presentation. On that presentation, you
- 40:57do an invite for the next level. And
- 40:59from there, people will go from
- 41:01>> [music]
- 41:01>> 997 to a 10,000 to a 75,000 to 125,000.
- 41:07That's how the funnel works.
- 41:08>> John, thank you so much for being part
- 41:09of this podcast. Thank you for sharing
- 41:11so much wisdom with our audience.
About this transcript
This page contains the full transcript of John Lee: Do This to Turn Your Content Into Income by Vishen, generated from the public captions YouTube serves with the video. The transcript has 9,084 words across 1,418 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.
What you can do with it
Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to choose a caption track available on the video.
Free YouTube transcript tool
YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, caption language selection, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.