The Millionaire Fastlane
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Read between February 13 - April 7, 2019
23%
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in college just so I can sit in a 6×6 cubicle and cold-call people out of a damn telephone book? Are you kidding me? I could have done this without the college degree, without the mountainous pile of debt, and yes, without that five years lost! Yet, my peers salivated at the opportunity of having a nice base
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Somebody should tell us, right at the start of our lives, that we are dying. Then we might live life to the limit, every minute of every day. Do it! I say. Whatever you want to do, do it now. There are only so many tomorrows. ~ Michael Landon
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Wow
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producer mindset.
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Producer mindset
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Producers get rich. Consumers get poor.
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Word
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What is the worst-case consequence of this choice? 2)​What is the probability of this outcome? 3)​Is this an acceptable risk?
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Wcca
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Opportunities are dressed as unfilled needs, and when they ring your doorbell, answer it! Unanswered, opportunity leaves and rings another doorbell, knowing eventually, someone will answer.
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Word
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People care about what your business can do for them.
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Word
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give your business money? What value are you adding to my life?
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Adding value
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Chase Needs
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Chase needs, not money
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Give first, take second.
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give first, take later (solve first)
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To Attract Money Is to Forget About Money
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Attract money by not thinking about it
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achieve any of the following: => Make them feel better. (entertainment, music, video games) => Help them solve a problem. => Educate them. => Make them look better (health, nutrition, clothing, makeup). => Give them security (housing, safety, health). => Raise a positive emotion (love, happiness, laughter, self-confidence). => Satisfy appetites, from basic (food) to the risqué (sexual). => Make things easier. => Enhance their dreams and give hope. . . . and I guarantee, you will be worth millions.
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Solving problems
70%
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“do what you love.” People pay for solutions, not for your enjoyment.
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Word
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What is your WHY?
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What is your why?
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Forget the Big Idea; Go for Better
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Word
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“I hate
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I hate
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Solve the hate, and there’s your open road. “I
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“This frustrates me . . .”
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Opp
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“Why is this like this?”
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Opp
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Discomfort, distress, inconvenience, complaints, problems, and performance gaps.
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Forms of opportunities
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Opportunities are rarely about inventing breakthroughs, but about performance gaps, small inconveniences, and pain points.
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What opportunities are
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should be to “do it better.”
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Do it better
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The King: Your execution - The Queen: Your marketing - The Bishop: Your customer service - The Knight: Your product - The Rook: Your people - The Pawn: Your ideas.
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Multi dimentional game
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ideas are nothing but a chemical reaction in your brain. It’s an event that requires little effort.
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ideas are nothing but a chemical brain reaction
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Execution is the great divider separating winners and losers from their ideas.
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Excecution is what seperates winners from loosers
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This relationship demonstrates how the coupling of a great idea (potential speed/strong pawns) is worthless when attached to weak execution (no acceleration pressure/weak king).
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Weak excecution
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Complaints are a beautiful thing. They represent free feedback and expose unmet needs in your business.
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Complaints
86%
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Exchange “Sucks” for “S-U-C-S”
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Sucks vs sucs
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I call it SUCS, or “Superior Unexpected Customer Service.”
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Sucs
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I wasn’t even transferred to another agent. I’d be like, “Holy Mother of God! Wow!” This is a SUCS event: a Superior Unexpected Customer Service event.
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What is your supirior customer service event?
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1 + 1 =3.
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1+1=3
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Because two customers creates one new one through word-of-mouth, the return on investment (ROI) on happy customers is infinite.
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Roi from word to mouth
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“The customer pays your paycheck, not me—keep them happy.”
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Who pays your paycheck? The customer
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1)​A SUCS customer service philosophy must be delivered by your employees. 2)​Spectacular product features can’t overcome poor service.
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Word
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Fanatical customer service can overcome shortcomings, but fanatical features can’t overcome poor customer service.
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Word
90%
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Mine their weaknesses and add value where they aren’t.
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Competition
90%
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Exploited weaknesses are where brands are born. What are they doing wrong? Where’s the inefficiency?
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brands are born from competition wraknesses
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Differentiation is a defense to commoditization.
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Word
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Get Unique: The USP
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USP unique selling proposition