20% of your marketing efforts will yield 80% of your sales. Over the years, both in experience + listening to entrepreneurs on the forum, Pareto's Principle (80/20) applies to marketing. IOW, your business will have a few gushers, while the rest will be slow drips. Expect the process to uncover these channels/strategies like looking for needles in haystacks.π Have good Friday! ~MJ
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Interesting quote I came across that reflects living Unscripted... "It is better to live your own destiny imperfectly than to live an imitation of somebody else's life with perfection." -Bhagavad Gita 3.35 π Have a great week folks! ~MJ
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Think of new friends/relationships as you would saddled behind them on their motorcycle while they drive. If they drive to great places, you can go with them. Conversely, if your new associate drives down a dark alley or drives
recklessly, you'll get stuck with their consequences. Choose your circle wisely (which is why I created TheFastlaneForum!) π π ~MJ
recklessly, you'll get stuck with their consequences. Choose your circle wisely (which is why I created TheFastlaneForum!) π π ~MJ
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TALENT is not awakened, discovered, or birthed, but EARNED. The "Force Doesn't Awaken" is a Principle from my new book coming June 29 and states that talent is only earned through a disciplined process, it is not something that miraculously appears as the Hollywood Superhero/Star Wars movies want you to believe. If you wait for talent to be "discovered", you'll wait forever. EARN IT! ~MJ ππββοΈ
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Learn how to sell to succeed at anything. The priority skill in business is communication/sales, even if you're a CEO of a big corporation. Selling NEVER ends, from your 1st customer, your 1st employee, your 1st multinational partnership, or taking your company public. No matter your role (working IN vs ON your biz) have the right expectation: the sales process has no end date. π ~MJ
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Reading a 100 books on swimming won't make you a top swimmer: eventually you have to jump in the water. ππ©±I mention this cuz a lot of folks commented on my prior text about the importance of sales, and what books to read? The best way to learn something isn't READING about it, it's DOING IT. 10 hours of DOING is like READING 1000 hours of books. ~MJ
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Had several folks ask: If you want my new book early as a paperback, FYI, Amazon made it available prematurely b4 the release date. The audiobook is finished but waiting approval, should be available in 2 weeks, eBook available on release date June 29. For those who don't know: It's a unique 2 books in one: a novel+biz book. -MJ βοΈ https://amzn.to/3t2sqef
Amazon
Unscripted - The Great Rat-Race Escape: From Wage Slavery to Wealth: How to Start a Purpose Driven Business and Win Financial Freedomβ¦
Unscripted - The Great Rat-Race Escape: From Wage Slavery to Wealth: How to Start a Purpose Driven Business and Win Financial Freedom for a Lifetime eBook : DeMarco, MJ: Amazon.co.uk: Kindle Store
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https://www.youtube.com/watch?v=2o0rSOKNq8U
Had a reader send this to me, while it is a content marketing piece for a business broker & isn't my endorsement of them, it is a nice story on the Fastlane/Unscripted philosophy: big incomes, building assets & selling it, and living your dream. πΈYea, it's hard, but not any harder than 8-6 for 50yrs. ποΈ
Had a reader send this to me, while it is a content marketing piece for a business broker & isn't my endorsement of them, it is a nice story on the Fastlane/Unscripted philosophy: big incomes, building assets & selling it, and living your dream. πΈYea, it's hard, but not any harder than 8-6 for 50yrs. ποΈ
YouTube
We Grew Our Business From $300K to $5M in 3 YEARS || Quiet Giants Epi. 3
Quiet Giants is a video series that celebrates the spirit of entrepreneurship and the triumphs of those who have built, bought, or sold online businesses.
Part three of our Quiet Giants series is a perfect example of how teamwork can make the dream workβ¦
Part three of our Quiet Giants series is a perfect example of how teamwork can make the dream workβ¦
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Thought this was poignant: "Fear does not prevent death. It prevents life." ~Buddha.
FYI for those who asked: The audiobook for The Great Rat Race Escape is now available worldwide on Audible, looked as if it had some delays. The book should be available now in all formats.
For buy options visit https://bit.ly/2TpZ5P3
Happy Wednesday! -MJπππ
FYI for those who asked: The audiobook for The Great Rat Race Escape is now available worldwide on Audible, looked as if it had some delays. The book should be available now in all formats.
For buy options visit https://bit.ly/2TpZ5P3
Happy Wednesday! -MJπππ
Bookfunnel
UNSCRIPTED - The Great Rat Race Escape
Has Your Life Been Conscripted by an Economic Religion?
Learn How to Free Yourself and Your Life Through the Power of Unscripted EntrepreneurshipBy all appearances, Jeff and Samantha Trotman are living the American Dream. But behind the white picket fenceβ¦
Learn How to Free Yourself and Your Life Through the Power of Unscripted EntrepreneurshipBy all appearances, Jeff and Samantha Trotman are living the American Dream. But behind the white picket fenceβ¦
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Here's a great behavioral economics pricing tactic: If your biz offers a very expensive product, even if you have no intent on selling it, you will sell more of your lower priced, normal products. The expensive product offers an "anchoring" to your other products, making them seem more valued. Eateries do this by offering very expensive wine which allows them to sell more of their normal priced wines. The high priced product is viewed in context of the other offers. Have a great weekend! ~MJ
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Whenever you're faced with a decision with FEAR based concerns, try reminding yourself that one day, you will be dead. And it might be sooner than you think. I'm facing a big personal decision in my life and such perspective really helps minimize the FUD (fear,uncertainty,doubt) in the decision. Have a great day everyone! ~MJ
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https://www.youtube.com/watch?v=j8v_XqFO8Bc
Amazing that a short 30 year old movie clip a mere 3 minutes long encapsulates the rat race and some of the sentiments I make in story behind The Great Rat Race Escape. You can't escape an economic religion until you admit you're trapped in one.
Amazing that a short 30 year old movie clip a mere 3 minutes long encapsulates the rat race and some of the sentiments I make in story behind The Great Rat Race Escape. You can't escape an economic religion until you admit you're trapped in one.
YouTube
My Dinner With Andre: Conspiracy Theory Scene HD
From My Dinner With Andre
Wally: Well, why...why do you think that is? I mean, why is that, I mean, is it just because people are...are lazy today, or they're bored? I mean, are we just like bored, spoiled children who've just been lying in the bathtub allβ¦
Wally: Well, why...why do you think that is? I mean, why is that, I mean, is it just because people are...are lazy today, or they're bored? I mean, are we just like bored, spoiled children who've just been lying in the bathtub allβ¦
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https://hbr.org/2016/09/the-elements-of-value
The 30 elements of "value": a must-read", almost as if I wrote it myself. At the end of the day, we're in the business of VALUE. But what is value? It is different for everyone, what's valuable to you, might be worthless to me. Strike more elements w/your audience = more money. Have a great weekend! ποΈ~MJ
The 30 elements of "value": a must-read", almost as if I wrote it myself. At the end of the day, we're in the business of VALUE. But what is value? It is different for everyone, what's valuable to you, might be worthless to me. Strike more elements w/your audience = more money. Have a great weekend! ποΈ~MJ
Harvard Business Review
The Elements of Value
What consumers truly value can be difficult to pin down and psychologically complicated. But universal building blocks of value do exist, creating opportunities for companies to improve their performance in existing markets or break into new markets. In theβ¦
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A few times a week I visit the local park filled with ducks. I made a habit of feeding them sometimes. Now when I visit, they recognize me and follow me around the park, even when I don't have food. π¦π¦π¦Ironic, business is similar. Show up to the park with nothing of value, the ducks don't care. Show up with value, and you'll have no problem attracting a crowd, and hence, customers.
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Found this relevant to an Unscripted pursuit & taking the road less traveled: "The amount of satisfaction you get from life depends largely on your own ingenuity, self-sufficiency, and resourcefulness. People who wait around for life to supply their satisfaction usually find boredom instead." ~Dr. William Menninger
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Fact you won't hear from your mainstream financial guru: Money loses utility value as you get older. $10M to a 35 year old is worth a lot more than $10M to a 75 year old. As you age, money loses its ability to generate peak experiences simply because aging is the undisputed world champion on debilitation, and eventually death. Money has a time value, but so does free time. ~MJ
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How you do what is meaningless, is how you will do what is meaningful. From MLK: "If a man is called to be a streetsweeper, he should sweep streets even as Michelangelo painted, or Beethoven composed music, or Shakespeare wrote poetry. He should sweep streets so well that all the hosts of heaven and earth will pause to say, here lived a great streetsweeper who did his job well." π
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Here's a great SEO tactic that could generate $1000s, perhaps millions in no-cost sales (as the video claims). It was posted on the forum and is a bit too long to post as a text, so here is the link to the post/vid. A must add to your marketing arsenal.
https://twitter.com/SocialtyPro/status/1417555407539744771
https://twitter.com/SocialtyPro/status/1417555407539744771
Twitter
Austin Armstrong
This #SEO strategy generated one of my clients over $1 million dollars in revenue last year!
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The Storification Strategy (The Great Rat Race Escape, Chapter 93) is a powerful marketing strategy you can deploy that costs nothing. Attach a good story to your company, purpose, & products, & u will sell more. Humans love being part of a story which is why pro sports are so addictive. Ex: An abused dog profiled on TV will get 100s of adoption requests, but remains unadopted without the TV story. Narrative sells because it sparks emotional connections to your customer. ~ MJ
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A "productocracy" is my own term to describe a "must have" product, or a product with recommendation power, the kind of offer that makes million/billionaires. I've heard Silicon Valley has a similar standard, a "40% metric" to determine a productocracy: If 40% of your active users would be "very disappointed" if your biz disappeared, you're running a productocracy! π Have great weekend! -MJ
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https://www.youtube.com/watch?v=gNFyLGlR-0w
There's a concept in The Great Rat-Race Escape called "The Apologize Later Strategy" which basically means: STOP ASKING FOR PERMISSION to live your dream. Sources of "permission" could be parents, spouses, peers, co-workers, & yea, even gov't. A great vid (attached) on the concept was recently shared via the Kyle Keegan podcast. Get it done! πͺπ ~MJ
There's a concept in The Great Rat-Race Escape called "The Apologize Later Strategy" which basically means: STOP ASKING FOR PERMISSION to live your dream. Sources of "permission" could be parents, spouses, peers, co-workers, & yea, even gov't. A great vid (attached) on the concept was recently shared via the Kyle Keegan podcast. Get it done! πͺπ ~MJ
YouTube
Donβt Ask Permission!
If Elon Musk waited for regulators before trying anything, we wouldn't have Tesla and SpaceX.
OFTEN, ignoring regulators is the only way to make progress.
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So you donβt miss the weekly video from Stossel TV, sign up here: https://johnstossel.activehosted.com/f/1β¦
OFTEN, ignoring regulators is the only way to make progress.
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So you donβt miss the weekly video from Stossel TV, sign up here: https://johnstossel.activehosted.com/f/1β¦
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