Most Important Concepts:
How I Can Use this Info:
Chapter Recap:
Introduction:
- Everything in the book is evergreen, and will still be valuable in 10 years time.
- Doodles are made for instant recall, so you can remember the concept with a look of an image.
Section 1 - Sales funnel secrets:
- Ultimately, the business that can spend the most to acquire a customer wins.
- A business beats its competition by making the same prospect worth more to his business than to that of his competition.
- The secret formula:
- Who is your dream customer?
- Where are they congregating?
- What is the bait that you can use to attract them to you?
- What is the unique result that you can create for them?
Secret #1 - The secret formula
Secret #2 - Hook, story, offer
- There are two ways to have the lowest price product in your market:
- Decrease the price (and cut your margins and profit).
- Increase the value so much that when you sell it for what it’s worth, it seems inexpensive.
- Every step of your funnel should have a hook, a story, and an offer.
- To overcome price resistance, increase the value of your offer so it’s worth 10 times more than what you’re selling it for.
Secret #3 - The value ladder
- Humans are wired to seek mire value from places we’ve already received it from.
Secret #4 - The attractive character
- An attractive character attracts people to them, rather than having to go out and get people to come to you.
Secret #5 - Funnel hacking