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Why a Great Product Can Sell Itself — Transcript

by MoreMozi · 671 words · 97 segments · language en · Watch on YouTube

Full transcript

  1. 0:00I can't go back in time, but if I could
  2. 0:01go back in time to talk to my
  3. 0:0320-year-old self and it wouldn't change
  4. 0:04the outcome of my life now cuz I would
  5. 0:06never roll that dice,
  6. 0:07>> [music]
  7. 0:07>> is I would say there's two things that
  8. 0:08you don't understand that will massively
  9. 0:09change your life. You don't understand
  10. 0:11brand and you don't understand product.
  11. 0:13Because I was obsessive in [music] my
  12. 0:1520s on sales and marketing and what I
  13. 0:18would consider fast money. I had fast
  14. 0:20feedback loops. So, I would I'd get
  15. 0:22better at sales and then I'd immediately
  16. 0:23make more sales. I get better marketing,
  17. 0:24immediately make more money. And so I
  18. 0:25had this very fast feedback loop that
  19. 0:27gave me the misinformation or the false
  20. 0:29belief that this was the right path. But
  21. 0:32I was actually just playing the wrong
  22. 0:33game because it's kind of like in The
  23. 0:35Matrix when Neo says to Morpheus, "So,
  24. 0:38you're saying when I'm fast enough, I'll
  25. 0:40be able to dodge bullets?" And he said,
  26. 0:41"No. I'm saying when you're ready, you
  27. 0:42won't have to." Me being obsessive about
  28. 0:45sales and marketing was me trying to get
  29. 0:47faster and faster in The Matrix and not
  30. 0:50being the one and seeing the code for
  31. 0:52what it is, which is that if you make a
  32. 0:53product that's good enough, people will
  33. 0:56do the marketing and sales for you. If
  34. 0:58your brand is strong enough, people will
  35. 1:00make the association that they want to
  36. 1:02buy your stuff regardless of how good
  37. 1:04your copy and your headline and your
  38. 1:05landing pages and your conversion rate
  39. 1:07optimization and your media buying are.
  40. 1:09I kept getting really good at a game
  41. 1:11that if I knew how to master the big
  42. 1:13things that mattered would [music] make
  43. 1:14those skills almost irrelevant. When 100
  44. 1:16Million Dollar Offers came out book, I
  45. 1:18didn't make it for anything. I made it
  46. 1:19for me. And it was originally intended
  47. 1:21to be an internal document and so I just
  48. 1:22wanted to make it exceptional
  49. 1:23>> [music]
  50. 1:24>> and what happened once I released it is
  51. 1:26what shocked me the most was that I
  52. 1:28posted once and [music] I just said,
  53. 1:29"Hey, I wrote this book. Hope you guys
  54. 1:30like it." And then we sold out in
  55. 1:32minutes and I was like, "That's weird."
  56. 1:33The next [music] month more copies sold
  57. 1:35and then the next month more copies sold
  58. 1:36and then the next month more copies sold
  59. 1:37and it's continued to sell more copies
  60. 1:39month after month after month for two
  61. 1:40years
  62. 1:40>> [music]
  63. 1:41>> and it's still number one in its
  64. 1:42category on Amazon. And that was with
  65. 1:44zero paid marketing, purely off of
  66. 1:46people telling people [music] about the
  67. 1:48book. And so when I saw how much
  68. 1:50leverage that was, that that book sells
  69. 1:52thousands [music]
  70. 1:53a day, not dollars, thousands of copies
  71. 1:55a day. I have never marketed anything
  72. 1:58well enough to sell a a thousand
  73. 2:00customers a day. [music] Now, mind you,
  74. 2:02I've always had more expensive stuff
  75. 2:03that I've sold, but like I'd never seen
  76. 2:04that kind of transaction [music] volume.
  77. 2:06And the only way to get that kind of
  78. 2:07transaction volume is to have a huge
  79. 2:08amount of leverage. The leverage that
  80. 2:10product unlocked for me or that
  81. 2:11understanding was that [music] if you
  82. 2:13make it good enough, and I love this
  83. 2:14saying which is there's too big to fail,
  84. 2:16and I love the other one which is too
  85. 2:17[music] good to fail. If you like this
  86. 2:19video and you're a business owner who
  87. 2:20wants to break through your current
  88. 2:21revenue ceiling, I distilled every
  89. 2:22lesson from scaling 10 businesses past
  90. 2:2410 million and three businesses past 100
  91. 2:26million into a completely free scaling
  92. 2:28roadmap that I've used to go from zero
  93. 2:29to one, zero to 10, and zero to 100
  94. 2:31plus. And so you can click here and you
  95. 2:33can check it out. Again, absolutely
  96. 2:34free. And since you're a business owner,
  97. 2:36I appreciate you and enjoy.

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