The Russell Brunson Show

See if your question got answered live! Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- Russell Brunson: What's up everyone. This is Russell. Welcome back to the Marketing Secrets Podcast. I'm back with Josh today. And do I tell them what today's episode is, this is a really fun one? Josh Forti: Yeah. Today guys, we're doing rapid fire. We went to the community. We asked a bunch of different questions and by the way, we have like so many more to go over. So like, hey, just keep coming in, which is awesome. But it's a rapid fire Q and A with Russell to kind of bring out a side of Russell that maybe, maybe we don't get to see as much by asking just a bunch of rapid fire questions. Russell: There's some cool questions there. I think you guys going to enjoy. I think there's something for everybody. So listen, take notes. And next time we ask you for some questions, make sure you submit them maybe you'll get answered live. Josh: And called out. We called out some people. Russell: It's true. Maybe you got called out. You should pay attention. Anyway, thanks Josh. This was a fun episode, with that said, let’s queue up the theme song and we'll get right back with some Q and As. Josh: All right. So this one I want to do a little bit different, kind of phase three here as we go through this is I went and ask community bunch of different questions and there's so many different ones. I've got screenshots on screenshots on screenshots of, on Facebook, on Instagram and kind of things like that. And so I thought it would be cool to go through and do a rapid fire style where we hit you with a bunch of different questions. And there's a lot of similarities, like underlying actual questions at what it is. But a lot of it is people they want to understand your thought process. They want to understand how you run certain things or how you do certain things or whatever. And so what I thought would be cool is I have enough questions to where we could literally do one a minute for the next couple hours. So take as much time as you want or need to go through this. But I think if we just went through and did like a rapid fire of like, all right, start here and then go through and do this, I think that'd be super beneficial. And I think it'd be a unique creative thing that we could try and see how people like it, sound good? Russell: That'd be fun. Let's do it. Josh: All right. So the first question is, and I think this kind of... It's interesting, I think this ties into both of our previous topics that we covered and talked about, whether it be podcasting and finding your voice there or funnels and figuring that all out is like... The question got asked probably three or four different times, some variation of like, what do you do when you don't know what you want to do yet, like when you haven't found that voice? And you're like, because I think... For me, it's interesting. I actually found my voice before I found my product, right? And I think a lot of people figure out what they are going to sell before they find their voice. And so for me it was a little bit easier because I had all these followers before I was ever selling anything and I was super broke and then I found dotcom secrets and it was like, "Oh my gosh, this is amazing." I literally went from making like $25,000 a year to like $250,000 a year and like one year. It was amazing because I just added it too. But a lot of people, they really struggle with like, "Okay, cool, I get all these things conceptually. I know I need a funnel and I know I need a value ad. I know I need a community and a following and raving fans. And I get all the things, but I don't know mine yet. I don't know the thing. And so when you're doing that, like what's the thing that you do or what advice would you give people to fix that problem of, or what things should they be focused on when they haven't found their voice yet? Russell: I'd say there's two directions on this, and both of them are correct. It's just depends on who you are. Number one, if you are a visionary, if you do the DISC profile, and you're a high I, you want to be the person that's there; the biggest key is not to wait. If I would've waited four click funnels and funnels, I never would've got here. I just started creating stuff that was bad like potato guns, zip brander, or forum fortunes. All these things that didn't work or I made very little money. No one's ever heard of, but I did 150 funnels before I was ever like, "I'm the funnel guy. I'm going to fun... I go on teach..." I started getting into funnels and then we built funnel software, but it was man 14 years and 150 funnels before I figure that out. But if I wouldn't have been in motion, I never would've found that. So if you are a creator and you know that's your calling, just start moving forward and find out what you're passionate about. If I was starting today, I would be into bio hacking, I'd be into nutrition. I'd be into those are the things I'm really geeking out about now in my life. So I'd be running that direction. I don't know what the opportunity's going to be, but I'm going to do something or I'm going to nothing… And then eventually I feel like God, as we start moving in a direction, like conscious I'm moving this direction, trying to figure this out; He will give us little ideas. He'll give us impressions and ideas. And He's trying to see like, "If I give Russell's idea, is he going to be good steward to this idea or not? And if I take it and I implement it, He's like, oh, he's a good steward of little thing, let me give him some more. Let me give him some more." And then 14 years later, He is like, "Okay, now I know he's worthy of this. Let me give him the big idea." But He's checking it. And if you get the idea, you're like, "Oh, I'm scared. I get fearful, whatever." And you don't do it, He's not going to give you the next one. He's like, "Oh, he's not a good steward of ideas." And He gives idea to somebody else. It's why, how many times you are like, "I had an idea for that, but so, and so did this." Because you weren’t a good steward of the idea when it showed up. So that's the one thing it's like moving forward. The second thing is that some of you guys, you're not the visionary person and that's okay. There's 450 people who work at ClickFunnels who aren't the visionary person. And if it wasn't for all of them, I'd be screwed. There are people that are my number twos that are my psychics that are helping me support it and they can buy into my vision. In fact, I remember Leon who designs all my slides for me. He's one of the most amazing people in the world. And he was out here in Boise one day and he's a quiet guy, just more reserved and he's got to leave for the airport. And he pulled me aside, he said, "I want to talk to you real quick." And I was like, "Yeah, what's going on?" And he said, he's like, "I've decided that my mission in life is to help you to get your word out to the world." I got chills and I was like, "Oh my gosh. Thank you." It was such a cool thing. And I was like... And I got it. He's got this skillset. He's not going to be on stage doing the things and doing podcasts and stuff, man, without him, I couldn't do what I'm doing. So being a supporting role is huge. So find a vision you do believe in. If you're like... I think Dave Asprey in the bio... and the bulletproof movement is the thing, go get a job from them, go work for them, go work for free, whatever. It's like, go figure out how you can be close to that person and help bolster. It's like, I'm hoping that everyone believes in something. Figure out something you believe in, you're passionate about and go be a supporter of that. Your vision is not to be something you created. It's just something you're supporting and you're helping to move forward. And so that'd be my two advice, depending on which side you fall on. If you're not sure, just start running. Josh: Love it. Russell: See what happens. Josh: Love it. That's awesome. And I think that's really, really cool. My current assistant, I've cycled through a couple of assistants now and I finally have one and she's amazing. And she's just like, "I came into your company thinking that this is what you needed." And I was like, "Yeah, because that's what I told you I needed. But I had no idea what I needed." And she's like, "What you actually needed is this." And I'm like- Russell: "I need you to tell me what I need." Josh: ... right. I was like, "Are you going to leave me now?" She's like, "No, I believe in you. And I believe in your vision. I know what you're trying to accomplish. You didn't realize this is what you needed but I believe in you." And I'm like, "Huh, that is a relief." If you can find that person, that's lucky. Next thing kind of goes along with this another rapid fire one is, as you're going through and you are figuring out all these different things and testing through your things, how do you make it to where you're not confusing your audience and to where they don't feel you're just a mess, that's everything is everywhere? You're trying all these different things. You're throwing things at the wall. Is that just something that people are just going to leave and just be upset just because, or is that like, is there ways to minimize that and communicate to your community that you don't know what you're doing, but that this is the vision. This is what we're going. I'm just trying a bunch of different things. Is there a way to do that well? Russell: Yeah. I think a couple things, number one is understanding that until you really dial that in, it's going to be hard to get a huge following anyway. Like the other day I was searching my name with someone else's name that I did a deal with 20 years ago and it pulled up the Google results and there was like, "Oh, I was so embarrassed." Anyway, it was bad. But guess what? Those people are all gone now. They left. They're are not even aware what happened. They don't know who I am. Most people are like, "Russell I've been following you since the beginning. Ever since you guys launched Funnel Hacking Live." I was like, "Oh, I was in business 15 years before the first Funnel Hacking Live." "I followed you all the way back from Micro Continuity." I was like, "That was a long time ago, I was in business nine years before Micro Continuity." Most people... Just understanding the people are going to be... When you figure out the thing, it's going to be a whole new group of people. And so it's not stressing too much about that, but at the same time, it's like, it's helping people understand like, I'm experimenting. I call it marketing experiments or like I used to call mine dotcom secrets labs before I wrote the book and anything it's like, I'm practicing these principles. So I would like study SEO and talk about like, "Oh." And I'd sell SEO courses for other people because I’m learning from this person to understand SEO. I'm over here and I'm in a laboratory testing these things out. This is what I'm actually doing. And there's a lot of value in that because you're becoming in proxy the person and sometimes you can cut through stuff that's working and not working, you can get direct access to people that they can. So just helping them understand like, my end goal is I want to be... Again, if I was going to bio hacking world right now, my end goal is I want to be healthier. So for example, this is my live mushroom GTS root beer. It's literally my favorite thing. I get twice a day. It's from Whole Foods. It's got Reishi, Chaga, and Turkey Tail. The actual fruiting bodies of the mushrooms in here blended into this root beer. It tastes like root beer my grandma used to make, I love it. I'm obsessed with it. So I could be like, "This thing's amazing. I'm excited about it. And this is why, and this is why I did the study and this is why I'm doing it." I could probably sell a crap ton of these right now. And then I could find out something else like Anthony DiClementi, he's got this thing. And I'm like, "I can be excited. I'm testing it. I bought his newsletter. I bought his membership site." And so it's just like you as the, I'm like a reporter, who's testing these things out in the beginning until you figure out what your thing is and you can really dial it. Maybe I become the mushroom dude who sells mushroom root beer. I don't know, but anyway. Josh: Please stick with funnels. We need you in that lane more. Is it good? All right. Cool. Next question we got here is, do you ever struggle with scarcity and being in scarcity mode even after you've made... Had all the success and as much money as you you've made, do you still struggle with being in scarcity mode or have you evolved past that? Russell: I don't struggle with scarcity. I have a lot of my own issues for sure. And it's funny because every time someone launches the next click funnels killer, it annoys me. But then I'm like, "You know what? First off they're not going to... I'm willing to outwork all of them and so I'm not worried that way." Number two, competition drives me, which is really, really good. And number three, actually, Annie Grace messaged me this a little while ago. She was talking about her business and all these people who were competing and she felt they were leading her people astray. And I was like, "I get that." And I said, "The thing that's most comforting to me is actually a Bible scripture where Jesus Christ said, my sheep will hear my voice and they'll follow me." That's not direct translation, but basically that's just like, my sheep will hear my voice. And I believe that's something that was true for him. But I think it's true for all of us. It's a universal principle. And so what I understand is like, I'm going to go out there. I'm going to be Russell. The best Russell I can be. And a lot of people are not going to follow me. They're going to understand that person better or whatever. Like some other product better, but my sheep are going to hear my voice and they're going to follow me. I'm going to attract the right people and they're going to come to Funnel Hacking Live, and they're going to use my platform. They're going to be exciting. And those are the people I've been called to serve. I am not called to serve the people who are going to go and go somewhere else. Or they don't resonate my message or with me or whatever. And I got to be okay with that because my sheep will hear my voice. And that's my belief that helps me to not be scared of scarcity, because I don't want those people anyway. I want my sheep to follow me and I'm going to help them. I'm going to serve them. Because that's what I've been called to serve. Josh: That's awesome. That's super cool. All right, next one here is actually from Parker Woodward, shout out Parker. Russell: Yeah, Parker. Josh: He says, "How do you know what positions to put members of your team in so they personally thrive?" Russell: Man, I cannot tell you, just you know Parker, this is a constant thing. So if you read the book Good To Great, one thing he talks about is like finding the right people and then putting them on the right seats on the bus. And those are two different activities. And sometimes you nail it. You're like, "Got the right person. They're on the right seat on the bus. And it's awesome." So many times in my company, I find someone who's amazing and we put them in a thing and it's like, "Oh, they don't fit there." And you move around four or five times like, "This person sucks at their job. They're horrible." And it's not actually true. It's horrible. The problem is you have the right person in the wrong seat on the bus. You get them the right seat and then they thrive. And so it's understanding that and really defining it of like, "What are the seats initially?" Because I think that's... You had this with your system. I don't really know what the seat is. I just know I need help. And I'm drowning, what that is, right? Josh: Yeah. Russell: You or someone around you understands like, this is where I'm hurting, this is what I'm struggling and they can define the seat, then it’s easy to find the right person, or you find somebody like knows the right person. And then having them like working with them, being okay like, "We may have to try a couple seats so we figure out, I know you're the right cultural fit. I know you're the right person, the right work ethic." But I don't know what the skillset is yet. Maybe they don't know yet either. And as soon as you're able to figure out what their unique ability is, then you put in the right spot and then they can thrive. And so it's a two step process. Josh: Interesting. All right. This one's from Braden. He says, "What are the biggest beliefs fundamentally that you had to shift early on in your life or career that you believe are required to get to $100 million and beyond?" Russell: It's funny you think it's like belief that some marketing principles. So I found out every tier, so me to get to a million dollars, I was trying to get a million dollars in the calendar year. It took me three years in row. I missed it by like 20 grand, three years in a row, I couldn't do it. And it was totally like a mental block. I didn't believe that I could do it for some reason. And after I did the first time it was like, "Oh." Then it was easy. And then 10 million was my next mental block. I missed it first year, second year we got, and then... So it's there's these mental blocks where I don't know if it's we don't believe in ourselves. We don't believe in, that we're worth. I don't know if it's, we don't believe worthy of it or we have the abilities of it, whatever. But the first thing is you got to believe in yourself. And that just comes with a lot of you doing things. Again, it comes back... We talked about earlier, like God gives you an idea. You're going to be a good steward of this idea. And the more often you take an idea and you run with it. Even if you fail, the more times you do that, the more you start trusting yourself. And that's a big part of it. Right now I can walk into a room where there's like, things are on fire and there's pure chaos, I have no idea what I'm going to go into it. I walk in knowing that the right idea's going to show up and I need it because I've done it so many times over and over and over and over and over again. I just know that it's going to happen. And I have belief in myself. That's the first thing. I honestly believe that the second thing, this comes back to the spiritual side of things, is that there's a purpose behind it. I struggled growing ClickFunnels because I thought that it was for Russell and Todd and our friends to make money. I thought that's what the business was, for probably the first three or four years. And it wasn't until I hired this coach who helped me see the connection between things. And she's just... Because I was always like, there's business and there's spiritual things. And God doesn't care right with my business because whatever. And she helped me bridge the gap. Like, "Do you see what's actually happening because this business..." She see people's lives are changed. All these kind of things. And she was the first person who said, "This is literally a calling that God gave you to do this." And as soon as I heard that and I felt it and I believed it, it changed everything for me. I was like, "This isn't just something Russell does as a hobby on the side to keep me busy till I die, this is what I was made for." I was made to do this, to inspire entrepreneurs, to change the world because each entrepreneur can do that. And when I heard that and I believed it, then it changed everything. It gave me permission like, "Okay, well then it's all my donkey Kong. I'm going to publish. I'm going to create, I'm going to write books. I'm going to do software. I'm going to do things." Because it wasn't just like money for money's sake. It was because this is the mission. This is the calling. I need to do it. And so it changed everything for me. So I think for you guys, that'd be the next thing is like, you got to be connected. Is this actually what God wants me doing? And if you believe that, you believe it's not just some side hobby, man it gives you the feel you need to grow row because now it's bigger than just you making money. Making money is so uninspiring. Changing the world because you were called to, at least, for me changed everything. Josh: That's super, super interesting. And so obviously, I've worked with Katie Richardson and tremendous mindset shifting things in there. And one of the things that I've learned just about mindset, what you said there is your brain, by default just runs. And so it will run with whatever program... Like 90% of your life is basically autopilot. You don't even realize that you're making the decision that you're making. So it's like, whatever program is there, that's how your life operates. And how you change that is not by changing this or all these different things, it's by literally reprogramming is changing belief. And so if you could actually just shift the belief, that's actually shifting the program. And so I think, for me, when I first got started in entrepreneurship, it was how do I hustle my way to success? It was freaking. I was at Gary Vaynerchuk working 18 hours a day. Let's go. And so I was like, "That's what I'm going to do." And it was like, Katie came in and was like, "Cool. That's the belief that you have and it's only going to get you so far." And then once you can replace that belief, that it's like, "Oh, you don't have to do that anymore, this is the way to do it." It was a real identity crisis. It was like, "But wait, no, I'm a hustler. I'm up to 4:00 in the morning, every single morning. You can't take that away from me." But then once the belief shifted, then it was like, "Oh, everything else in life shifted." It was like, "Okay, cool. Now I operate this way." And so that's super, super interesting that you say that because I feel like- Russell: If you look at like what I believe my only role is inside of ClickFunnels literally is for me to stand on stage, to write books, do podcasts, everything so I can get our customers to believe this will work for them. That's it. I know it works for them. But if I get them the tool and they don't believe this is going to work for them, it will not work for them. I get them to believe this works. I'm the head belief, cheerleader. That's all I'm actually doing is trying to take my... Whoever has the most certainty, any circumstance, any situation always wins. So when I come into something, I've got to come with more certainty than them and I've got to prove them I believe it can work and it can work for them. And if I can get them to believe it, then it'll happen. But that's the hardest thing is just the mental thing inside people's head. As soon as they believe it, you see it, because it's like, "Oh, they're struggling, struggling." And all of a sudden something happens, and I believe it'll work for them and holy cow, next thing they know they're Two Comma Club. It's weird. Because it makes sense. You're like, "No, it's just a process." Like, "No, it's a process, but your belief is your fuel and how you attack this thing one way or the other, 100% depends on if you believe is going to work." If I believe that if I write a book, a million people are going to buy it, I can go write a book. If I'm like, "I don't think anyone's going to buy it. What if they don't like it? What if..." I'll spend 25 years writing this book, it's never going to get done. The belief is everything. Josh: ... yeah. Garrett White talks about that with Warrior Way. He's like, "We tell people this isn't the only way, this is A way." And I was talking with my students the other day, I was like, "Hey guys, how many different ways are there to grow your business?" And they're like, "I don't know, thousands of them." I'm like, "Sweet, what's the way you grow their business?" And they're like, "Funnels." Like without even thinking about it. And it was like, "See what Russell did there." He convinced me… Russell: And that took me seven years of preaching consistently to get the market and get people to believe that. But it wasn't that… yeah. It's interesting. Josh: All right. The next question here, and this comes up... I mean this probably came up probably more than anything outside of funnels was how do you manage the relationship with your family and the balance between work and family? Because this is something I think a lot of people struggle with. I didn't even realize that this was a thing until I got married and then I got married and I was like, "Oh, I'm experiencing a little bit of this." And I'm like, I can't imagine like then kids and then being around. So how do you balance your work and your family and overwhelm and burn out and like... I mean there's limited amounts and it seems you can do everything Russell, like cause you’re everything over there. So how do you balance that with your family and the work life balance of that? Russell: That's a great question. I get asked that a lot, which is interesting. I think a lot of people... Well I think the big problem is most people who are doing what I do, they have... The area of life they’re the entrepreneur, they're killing it, and then the rest of their life's a wreck. Or they just don't talk about the rest of life. No one knows. And so anyway, a couple things is number one, Charfen had us do like a time study before. You ever heard of that before? Josh: Yeah. They were the worst. I hate them so much. Russell: So annoying. Yeah I did it for like three minutes, I was like, "I want to die." But you basically sit down and you start every 15 minutes, you're like, write down what you're doing during the day and really quick you realize, "Oh I'm only actually working two hours a day." And I think the average employee, I think is in two hours and eight hour days is actual productive work, the rest is… Josh: Yeah, something like that. It's super low. Russell: So the first thing is just by default, this is comes from me being a wrestler, right? As a wrestler, we have two hour practice. We got the limited time and I wanted to be the best. So I had to cram as much actual stuff in those small windows as humanly possible. And you know when you're an entrepreneur, you're going on a trip and it's like, "My plane leaves at 2:00, but I got an hour and a half to work." In the hour and a half, you'll get more done than an entire day typically. And so I trick my mind that all the time. So if you look at like a typical eight hour day, like I'm coming in from usually from 9:30, till 5:00, it's like my window that I'm here at the office. When I'm here, I'm super present. But what I do in that window of time is what most people do in a week. Because I don't... People always ask me, "Hey Russell, can I take you to lunch?" I'm like, "You have the luxury of lunch. I've not eaten lunch in, I don't know, decade and a half, I'm working. I quit Uber eats. I keep working. It shows up, I'm eating it. And I keep going." I don't waste time for that crap. I'm in the zone and I'm working and I'm not doodling and texting in a million different things. When I'm doing something, I'm doing the thing. I was up this morning from 5:30, till 7:00, I was writing copy for the new offer. And like, that's what I did by myself. Cranked it out. Seven o'clock, boom, I hear Nora talking, hear the kids getting up. And then I break my presence at the thing and I leave and from 7:00 to like 8:30 ish, I'm a dad. And so I take high school kids in school. I come back and I pick up Nora and I play with her a little bit. And then I get her fed and then Collette's getting her dressed and stuff and I go wake up Aiden and then me and Aiden are hanging out. We're talking about the day. And then Collette takes Ellie to school. Aiden's there. I get in the shower. I get dressed. And by nine o'clock I'm ready to go. And I jump in my car. I come here and then boom, I'm in Russell, like I'm entrepreneur mode and from 9:30 ish till 5;00 I'm here. I'm cranking. My days blocked out. I know everything I got to do during the day. I got a to-do list. I got schedule. Everything's blocked out. I knew from 9:00 to 10:30, me and you were here and I'm present. I'm not looking at 1000... We're here doing the thing, it's going to be done. And then at 10:30, I know exactly what I'm doing. As soon as we're done, I'm not sitting around for 30 minutes, like what should I do next. I know what's going to be happening and I'm going, I'm doing the thing. And so my days are like that. So boom, boom, boom, by the time I get to the end of the day, it's like, "Oh, I got a lot of done today. This is amazing." And then I go home. And when I walk through the door from my car in the garage to the door, I send... Before I walk to the door I stop. And I'm like, "Okay, I got to literally stop for a second." I'm like, I'm getting dad mode. I'm getting husband mode. And I get done and I walk through the door and I'm now a dad and husband. I'm not an entrepreneur. And I go, literally go to every one of my kids in the house. My love language is physical touch. I go give each a hug. I go give my wife a hug. And then I'm there. And from that time I'm dad till 9:00 and then from 9:00 to 11:00 I'm husband and 11 o'clock I'm in bed waiting for the next day. And so it's just, I'm really good at chunking time. And I'm not perfect. Some days I'll get depressed or I'll get tired or burned out or whatever, and I don't hit it. But for the most part, I would say I'm pretty consistent in getting a lot of stuff done in the windows that I got. Josh: That's super, super interesting. Being present and being present at work, being present at home, that balance that once again, something Katie talked about a lot is just like, be fully present with where you are and then set boundaries. Having those clear for that Russell: You ask my wife too, I'm not perfect at it, but I try to let things bleed from thing to thing. I try that when I walk through the garage door at night that I'm done with work and I'm home and then, you know what I mean? Josh: Yeah. Russell: And I think that's what most people don't do is like, it all just mushes together where they're doing everything. So everything becomes done inefficiently. I was listening to Dan Kennedy actually yesterday. He's like, "Would you hire a doctor who is going to do surgery on you, and while he's doing surgery, he's watching YouTube video and he's eating something on the side?" He's like, "No, you want presence if you're going to hire someone." Same thing, if you want to build a funnel, you need your designer and everyone who's doing this to have laser focus. You don't want them doing these other things because you need their full attention and presence. Josh: That's awesome. This one's from Paul Vanblum He says, and I'm going to paraphrase this here because... But how do you modify your behavior? Which is, like maybe you've got this thing that you... I don't know, scroll Facebook too much and you just can't seem to quit. I'm sure that's not a problem for you, but how do you go through it actually change or modify behavior? Because it sounds like a lot of your life is routine. Is that true? You figure out the process that works and then you go until it needs to change. And then it's just you pick the next process. So how do you go through and modify behavior that you want to be able to change? Russell: That's a big section of the new book that's coming out someday in the future. So this is a reality is that the shorter versions if we're running close on time is understanding that we do things that meet our needs. And so we had to figure out, how are our needs being met? Talked about this at Funnel Hacking Live a little bit with Tony Robbins, Six Human Needs, right? Like if any... I wish I could geek out on this for like two hours. Maybe this would be the first topic for next time we do this. Josh: Yeah. I was going to say maybe we do that. Russell: That'd be fun. But there's six human needs and there's four needs of the body. And anytime three of the four needs of the body are met, it creates a physical addiction inside you. So if you're scrolling Facebook all day long, it's because it's meeting a need. Like you're getting certainty from it. You're getting significance from it. And you're probably getting love and connection from it. So three of your four needs are being met... And variety, all four of your needs are being met by scrolling Facebook. So it's creating a physical addiction. So for you to break that physical addiction, it's not going to be easy unless you replace it with another physical addiction that you enjoy more. So it's like I have to replacing that. I can't just just willpower it out and got this thing out and be gone. It's like, I'm trying to get my needs met somewhere. And so they're getting met there, I'm good. So I need to get met somewhere else to replace it. It's a lot of people get their needs met by eating. And so they keep eating, eating, and they want to lose weight and they can't lose weight because all their needs are met there. And so until they replace those needs somewhere else, they're going to keep defaulting to that. Again, we can geek on that for a long time, but that's the core root of it. Is it fulfills your need until you get those needs met somewhere else you're going to keep falling back to it over and over and over again. Josh: All right. Last two, super rapid fire questions. Number one. What is the top, the number one or... I'll give you top three, because number one's impossible. Top three books outside of your own that someone must read? Outside of your own because duh obviously is DotcomSecrets, Expert Secrets, and Traffic Secrets. Thinking bio... Russell: Oh, depends on which area of your life looking at. I just bought... I spent a... not a small, a pretty big fortune buying the Napoleon Hill thing. So I'm in the middle of this Napoleon Hill like Deep Dive. Can I give you my three best Napoleon Hill books because that’s all I got right now. Josh: There you go. All right, modify the question, three best Napoleon Hill books? Russell: Everything else seems like a distraction. So for me Outwitting the Devil is the best thing he's ever written. It is insanely good and very, very practical. Think and Grow Rich, I've been revisiting and like, oh, it's so good. And then the Laws of Success is not a book. It's a book series, which I now own. Oh my gosh. I don't know if I've even told you this yet. I think I showed you a quick picture, but- Josh: You showed me a video, yeah. Russell: ... The Laws of Success was published in 1928. I have his version that he wrote in 1925 before he sent it to the editors or publishers, first edition signed that he printed at a schoolhouse here in my possession. It's insane. Josh: I can't wait to visit your library bro. Oh my gosh. It's crazy. Russell: But those are the three. I would start with Outwitting the Devil because I'll make you fall in love with Napoleon Hill, then go Think and Grow Rich. And if you love that, then go into Laws of Success' it's like a longer form version of stuff, but it's... Ah, he's my favorite right now. Josh: All right, last question for you. And we all know the answer to this, but I thought it was a great last question to end on just to make sure in business, in marketing, in success for all of success, what's the number one skillset that someone must learn? Russell: Oh, persuasion. Josh: Persuasion. Russell: It's learning how to tell a story in a way that gets people to move. Because everything else, like I can outsource all the rest of it. But like I said, we're talking about creating the offer for the Magnetic Marketing. It's the story, the persuasion, the thing that's going to get people to move. And that... Because that weaves into your funnel, weaves into your email, like weaves into how you get your team to move. How you get your community. All the stuff comes down to that skillset of learning how to persuade people. Josh: Awesome. Well, Russell, I think that wraps it up. We'll see what the audience says. But that is a fun run. Russell: That was really fun, man. I appreciate that. This has been a good day. I woke up this morning working, have a ton of energy. This has been a lot of fun energy. I appreciate you appreciate it. And if you guys like these episodes like this, let us know and we'll do it again. This was kind of a test drive to see if you enjoyed it. Josh: Yeah, you got to let us know guys. Russell: And I had a lot of fun. So hopefully you did too. Josh: Was this was super fun. Yeah, man, for sure. It was good chatting with you and everybody go buy Russell stuff and ClickFunnels and all the things because it'll make you tons and tons of money and that's it. That's just the end of it. Russell: That’s the real reason we did this… I wanted you to pitch the stuff so I didn't have to awkwardly tell people to buy it. Thank you so much. Josh: Okay. Everybody go buy stuff right now. It is amazing. That's my pitch. The first thing you're going to get is you're going to get a change of belief. The second thing you're going to get is you're going to get, I don't know what it is, a step by step process of the marketing bible. The third thing you're going to get is increase the status because Russell will like you. Boom there's my pitch. Russell: Boom. What more do you want in life? Come on now. Josh: Yeah, you can't imagine. All right, Russell. Thank you so much, man. I appreciate your time and we'll talk to you soon. Russell: Awesome. Thank you too. Learn more about your ad choices. Visit megaphone.fm/adchoices

What is the future of funnels...? With meta-verse coming, what should we be focused on now!? Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- Russell Brunson: What's up everybody? This is Russell Brunson. I'm back with my co-host Josh Forti. How you doing, man? Josh Forti: I'm doing awesome, man. How are you? Russell: Doing so good. We just recorded a new episode for you guys. This one's all about funnels and I think it went in a different direction you thought it was going to go, didn't it? Josh: Yeah, it did, a little bit. It was super good. Russell: …because the question was like, "What is the next funnel? What's the thing?" And it wasn't a funnel thing, it was something different. So, I think this is an episode you guys can enjoy. Josh: It's tough. Russell: It's been so exciting for me, I literally woke up at 5:00 AM every morning this week because I'm geeking out on the thing that you're going to learn about. And hopefully, it'll help you guys with all your funnels, no matter if you're running a webinar funnel, or a book funnel, or a challenge funnel, or whatever, doesn't really matter. This principle, you can overlay on top of all of them and it'll make them all better. So, that said, should we queue up the theme song? Josh: Let's do it. Russell: Let's go. Josh: Now we got to move into.. I want to move into funnels, dude. This is a topic that continued to come up. So kind of a back story. When we're preparing for this episode, guys like, Russell hit me up and was like, "Do you want to do a podcast together?" And I was like, "Yeah, what do you want to do it on?" He's like, "I don't know, find something." And I'm like, "oh, all right." And so- Russell: "You tell me." Josh: I do what I all always do and I go to the community and I'm like, if the community tells me... I loved Poland's presentation at Funnel Hacking Live it's like, "Ask, go ask your community. What did they tell you?" And so, that's what we did. I went to my Facebook group and I went on my Instagram and luckily, I have a pretty engaged following that will give us lots of feedback back. And this theme that kept coming up was funnels. And obviously, this is your world. But it was interesting because I've been talking with several different higher level people that are like, "How are all the funnels, they made tens of millions of dollars or whatever?" And it's like, "This funnel's not really working anymore. This funnel's kind of working here. This type of funnel is working." And so there's like, I feel like we're in this phase of funnels are almost evolving, where it used to be that you could run an ad to a webinar and sell a 9.97 product, and make a million bucks, and high profit margins, and you can make it work. But I was talking to Dan Henry the other day and he's like, "Dude, I can't even make that work anymore." And he's like, "And I'm brilliant at ads." And like Sam Ovens, I was talking to him the other day- Russell: Dan Henry, "I know everything." I love Dan. Josh: And Sam Ovens was like, "Man, we're probably going to shut down our front-end $2,000 program and we're going to transition up and evolve the way we do funnels." And so, funnels are the thing, obviously. They're going to be around forever, they've been around forever, you popularized them. But I want to go and take this into two parts and see where this goes. But number one, what is the foundation of funnels? What are the things that like... it doesn't matter how it's executed, the funnel itself, this is the thing that works. Because I think a lot of people get confused that... Whenever I talk to a lot of my students that are building funnels, they're like, "Should I do this type or this?" And I'm like, "The core essence of funnels doesn't change," so what are the core essence of funnels? And then two, what is the future of what that looks like rolled out with technology? Because I mean, I know it's not here yet and one of the things we'll talk about, but- Russell: Metaverse. Josh: We got Metaverse. And my wife was like, "Oh my gosh, ask Russell. If I want to be able to walk into Metaverse and Russell's going to be right there being like, "'Hey, do you want to buy my funnel cake,' click this button and you go into a portal. Instead of another page, you enter a new world that is Russell's world, that'd be so cool." But let's start with the foundation of funnels. When someone is building a funnel, when they're looking at it, what are the core pieces that they're actually looking at? Take us back to the foundation of that because I think a lot of people miss that or forget. Russell: Yeah. So, I'll take you back in history back in time so back to my beginning. Think what example I have sitting here on my desk that I can show you. So, the core, the thing you have to understand why funnels are essential, and why they'll always be here, comes back to my favorite Dan Kennedy quote of all time which is, "Whoever can spend the most money to acquire customer wins." This is the foundation but... Everything else you have understand- Josh: Like 7,000 speakers at Funnel Hacking Live all said that. Russell: Yeah, because it's the thing. In fact, you'll see, if you look at the... And maybe we'll get into this. My next move, what's happening next year for me? I'm looking at this, all ties into that as well. Why did I buy Dan Kennedy's company? Why am I doing these things? And I'll show you it's literally to solve that exact same question. So, when I got started 20 years ago, people didn't have offers yet they just had a product. So, you would be... Just say a book, like, "Okay, here's my book," and I would just sell a product, and that was what I was selling. And it worked for a long time and then guess what? Everyone else is like, "Oh, dude's making money with this product, I can make a product," they make the same product. Now you got 10 people selling a product that's similar. And so, then it's harder to compete because now you're no longer a unique thing, you are a commodity. And anytime you're a commodity, the person with the lowest price always wins. So, as soon as everyone's doing it, you got to drop at the bottom and then you lose your margin and then life sucks because if you don't profit what's the point of what we're doing? So, there's the first phase. So, then the next phase is like, "Okay, well I got a product, everyone's got the same product but how do I turn this from a product into an offer?" That was the first evolution. It's like, "Hey, when you buy my book, you also get my book, but you're also going to get my video course, my audio course, and then my checklist and my..." And all of a sudden you make something truly unique again where it's like, not just a product, but this is my offer that's specific, unique to me, that nobody else has. So that was the next evolution. And we got really good then in making offers that were sexy. It's like, "Oh yeah, everyone's selling this, but mine, if you get mine, you also da da, da, da, these other things." Right? And that's where this whole offer development started happening. In my mind, probably 15 years ago is when this became the thing that we all focused on. And whoever had the best offer was going to win because ads didn't ship that much. It was just like you're competing so now you're competing with six different people or 10 different people. So because that, Google ads AdWords cost went up, because there's 20 people bidding on the same keyword versus just you, initially. Now you're coming in, you make a better offer. Then you get the lion share people buy from you because your offer is the best. That was kind the next phase. And then of course the market evolves. Everyone gets smart. Everyone starts making good offers. Now it's like, maybe they're unique offers, but they're all good offers. Now it's like the market's getting fragmented up again. And so this is where the evolution now of funnels started happening where... And it was before. We didn't have one click up-sales back in the day. But the first thing was like: you buy my potato gun DVD, fill in your credit card, you buy it. The next page, you're like, "Do you want the potato gun kit? Cool. Get your credit card back out and fill it out again." And they'd fill out all the credit card again. Josh: Dang. Russell: But even with that, there's no one-click up-sales, man, like 15, 20, 30% people would buy the second thing. And all of a sudden, I'm selling a potato gun DVD, but I'm making 200 bucks on the back of the kit and nobody else selling potato gun DVDs was doing. I could outspend them all. So even though costs me more per click, I was able to get all the clicks because I made way more money than anybody else. So I was able to dominate the market. And that was kind of the next phase. And what's interesting is that depending on the market you're in, depends on where this is. For example, I'm in a fun phase where I wanted some side projects. So I'm launching a couple supplement companies. The first supplement company launched is called Zooma Juice. It's a green drink company. And some of you guys know, I actually worked with Drew Canole and his team back in the day on Organifi, and helped them launch that when it first came out seven years ago, and helped him build an actual funnel. And what's interesting is because of that... The green drink market is sophisticated. I went and funnel hacked, probably, 30 green drink offers before we built Zooma Juice. And all of them have pretty advanced funnels. Everyone's doing the best practices pretty well. Second company that we are starting, I acquired a bone broth company. And so I took... Got bone broth company and went funnel hacked every bone broth offer. And that market's new. Nobody had a funnel, not one. They have an offer, they have a product, that's it. And I'm like, "I'm walking into virgin funnel territory." We’ll be the biggest bone broth company on the planet in like 30 days? Because there's nobody who understands any of what we're talking about. We'll outspend everybody 10 to 1 because we understand the funnel structure. So depending on what market you're in, some markets haven't even evolved to the funnels yet. Some have, that's exciting. If they have, it's like, "Cool. We got... We can funnel hack. We get good ideas of what's working." If it hasn't like, "Man, you can bring all the stuff we know into these markets and just dominate and destroy them all." It was funny, as we were buying, I was funnel hacking the bone broth offers, I was like, "There's literally not single upsell, order form bump, email sequence. Like nothing." I was just like, "This is like, oh, embarrassing. Almost too easy." That was next phase though. And then to your point, initially it was like... In fact, I remember 10 pre-click funnels. Almost every funnel was the same. It was a video sales letter order button order form upsell one, upsell two, down-sell, down-sell. Thank you, basically. That was what a funnel was. In fact, if you look at, before we launched ClickFunnels, the first T and C event, Ryan Dice and Perry, and they had this whole team event talk about, "Here's the funnel." And they had a funnel and there's only one. And it was just like, "This is the five steps of every funnel." And it fits. It was like trip wire. They had these five steps like trip wire, profit maximizer, and they five or six... They had a name for each page. And it was like, "This is the funnel." And in reality, that was the funnel. There weren't funnels. It was like, "This is a funnel. This is kind of the one." And at the time when I was writing The Dot Com Seekers book and we had been playing with different ones, but there wasn't a lot of this thing out there. Was just kind of like, for the most part, there was a funnel. After ClickFunnels came out and it gave people the ability to create things fast and start innovating, creating ideas, that. And then I was like writing all my ideas in the book and people are doing stuff. It started evolving quickly. Last seven years have evolved where now there's been like a million different funnel things come out, from webinar funnels, auto webinar funnels, high funnels, low ticket funnels, trip wires, SLOs VSLs, challenges, paid challenges, free challenges, challenges to a webinar challenges to high tickets, a webinar to high ticket. There's a billion variations that come from that which probably gets people overwhelming. And so this os what I want to tell them because, this kind of comes back to your first questions, what is it? The reality is, it's going to be shocking for most of you guys, what funnel type you use doesn't really matter. They all work. The thing that matters is the offer. You still have to make the sexiest offer. That's still the most important. We acquired Dan Kennedy's company and we're doing this merger. And like I've spent I podcast episode this morning driving to the office. I've been up every single morning at 5:00 AM because I'm so excited. Because we have a fun, we picked a funnel on structure, we have all of products. I spend a week every morning at 5:00 AM, from 5:00 till like 7:30, when my kids are getting up, in there writing the page for the copy and the offer, and then tweaking and tweaking. That's the thing. The sexiness of the offer that gets people in is the key. So I can get them in, I can use this to get them in a webinar, in a challenge, in a free plus shipping. It doesn't matter. It's like the offer is the thing that puts people in a momentum. And the thing that I'm selling, I could sell it in the webinar. I could sell it in the challenge. I like there's I could sell in all the different funnels. It would fit in all of them. I'm picking the one that I'm using because I think it's going to go... For like the launch campaign, it the one that'll probably get sells the fastest, but it'll work in all of them. And So it's understanding that, it's still coming to the core fundamentals. The funnel structure is the sales process. All of them will work. You just got to figure out better way to sell. Like that's the harder thing that people are missing. Josh: All right. So let's talk... I want to dive into that offer. When you say specifically here... Because I think, and this is just from coaching with a lot of people, the questions that I get asked when I talk about this type of stuff. You talk about the offers, the sexy thing, but how does the offer affect getting somebody to opt in? How does the offer affect my ad? How does the offer affect the training? I don't show my offer until the end after the whole thing. So how does that affect every other step of the funnel? Russell: Okay, great question. So if I can see one here. Right, sorry. I had all the examples here a second ago. Oh, well. I'll just tell you the story. So when Dan Kennedy started his newsletter, in the Dan Kennedy company, the newsletter's the foundation of everything. And we could do a whole podcast episode just on psychology of the original GKIC, when Bill Glazer was running it with Dan. But the newsletter- Josh: Sounds like a sexy topic. Russell: Yeah. It'd be really fun, actually. I love... In fact, it's funny because I spent so much time with Bill Glazer geeking out about. I knew their business really well. And when that they sold it the very first time people bought it and didn't understand the business. And I saw within weeks of them destroying the foundation, I was like, "You guys literally don't know what you bought. You should have asked some questions before you wrote a check that big anyway." But the core is the newsletter. And so I had a chance to go back in the archives. I literally... they gave me, "Here's Google drive. Everything's ever been created." So I'm like, "This is... It's insane." for nerdy Russell, everything Dan's ever said is in this drive. And most of it, no one's ever seen before, so I'm freaking out. But the newsletter started back in like 1995 ish. I was like 15 years old when it started and it was just a newsletter. That's all it was right. It's like a product. That's how they sold it. And from '95 till I think I was probably 23, 24. So, 2004, 2005 ish was when Bill Glazer bought out the company from Dan and kind of ran it, and then they launched it. Instead of a newsletter, they launched it as an offer. And the offer at the time... I still remember the day it happened because I got like 400 emails from my Yanik Silver and all the different gurus at the time. They all started emailing about this Dan Kennedy offer. And it was called the most incredible free gift ever. And in fact, internally in the company called the MIFGE offer, M-I-F-G-E, the most incredible free gift ever. And what it was, it was like, "Hey, when you sign up for magnetic marketing net letter, what you're going to get is you're going to get..." I think it's like, "$639.93 for the money making material from Dan Kennedy himself." So it was like, "We'll give you all this cool stuff when you sign up for the newsletter." And it was the bribe. It's kind of like, if you guys remember back in the day, sports illustrator. It's really hard to sell sports illustrated issues. So what they would do is they would have TV commercials were like, "Here's sports illustrator, 12 issues year about the best sports. When you sign up today, we're going to give you..." And then they had their version of the most incredible free gift offer. It was this huge football clock and the sports illustrator swimsuit issue. That was the MIFGE offer for sports illustrator. And so Dan had their... They had their MIFGE offer, and they went from having five or 600 subscribers at that time to... Bill built it up to over, I don't know, 10, 15, 20. I don't know how big it got it as peak, but 10,000 plus members. And it was because they took a newsletter and they made it an offer. And that's how they launched initially. And so the MIFGE is how they did it. Now, fast forward to Russell gets access to all this stuff. I'm like, "This is amazing." So I'm trying to sit... I sat down Monday morning. No, sorry. It was last Saturday. Saturday. I wanted to write... I didn't want to do all the pages in the offer. So I have some of my team do the upsells and down-sells. I was like, "The landing page, this is mine." I want to write because I want to make sure I get the offer right and everything. Because this is... everything hinges on this. The landing page is broken, nothing works. And so I went and I funnel hacked. I every newsletter, sales letter, I could find throughout time. I just went deep in my archives, way back machine. People I knew who publishing newsletters, looked at every variation of theirs for the last 10 years. I totally geeked out like Russell does. Funnel hacking. I want to understand how people are structuring their newsletter offers. Gore's got a ton of them. So I'm looking at tons of them and everyone I looked at, I come back to like the Dan Kennedy one I'm like this offers just not sexy. More like $630 of money making information sounded cool in 2003. But today, it's like every opt-in, people are giving a thousand dollars worth of free crap. It wasn't that sexy- Josh: Right. Inflation, baby. Oh my word. Russell: Yeah. And then I'm like, "Now my funnel nerds are going to go and they're going to sign for this newsletter, and they're going to get this newsletter from Dan. He's talking about direct mail and faxing. And they're going to be confused and they're going to cancel." I have this weird opportunity. I was like, "This is just not the right thing." And I was like, "How do I make this sexy excited? How do I get myself excited to email about it?" And then Dan's email. I got to get affiliates on board and other people. How do I make this sexy so that I can create the noise? So that when there's an ad, there's a good enough hook in the ad that people are going to click? Because if the ads like, "Old marketing, grumpy marketing genius is going to give you 300 or $639 money making material for free when you join this newsletter," no one's going to click on that. The hook sucks now. It was good in 2003, horrible in 2021. And so I'm like sitting there and I spent three hours just going to yourself. And I was like, no matter how I tried, the offer just didn't feel right. And I explain to other knight, I was like, "I know I wouldn't click and I know I wouldn't buy it. And I don't want to even email my list tell them about it because it's not that exciting. How do I structure this in a way that's going to be really exciting?" And so that the problem. This is where I got stuck at. Right. And then, after about three hours of it is when I had the light bulb, I was like, "Oh my gosh." So all of the current Dan Kennedy customers, they love Dan. They're obsessed with them. And actually, this is a fascinating step. You'll appreciate this. Have you read a thousand true fans? Josh: Yeah. I love that book. Russell: It was crazy. So Dan's company was sold initially like 10 years ago, from Bill Glazer sold it. In the last 10 years, they haven't bought a single ad. So that's the attrition of the company, that's been happening. And I'm acquiring it like, "Oh, let's buy some ads." But what's crazy is 10 years since they bought the last ad, there are almost, to a T, it's like 990 something active paid subscribers still on a newsletter a decade later, without any ads at all. A thousand true fans. Is that crazy? Josh: That's insane. Russell: Really? Josh: And you're one of those true fans because you bought the whole company. Russell: Yeah. I thought that was a fascinating side note. So anyway, that's crazy. Like Dan's people love Dan. They love him talking. If they want Dan, but they need funnels. And I'm like, I don't want to come and be the guy who acquires the company and just starts emailing his own offer. I need them to.. I need to indoctrinate them to want it. So it's like, they're going to read Dan's newsletter and how do I bridge that to ClickFunnels? And I'm like, my funnel nerds are going to read his newsletter and be like, "I don't understand. This isn't..." They need it. They don't know they want it yet. If I can indoctrinate them for a while, they'll be like, "Oh my gosh, I get this," but it's going to take a while for them to really respect it enough that they'll get it. I was the same way. First time I heard Kennedy, I was like, "This guy's old, boring, and doesn't relate to what I'm talking about." And after I went deep in, I was like, "Oh my gosh, everything he says is literal. He's handing gold nuggets out." And I was just like, I didn't notice them. Now I'm like, "Oh my gosh." And so I was like, "I need this bridge." And some people know, when I first joined the Kennedy world, we actually launched my first print newsletter right afterwards. It was called The Dot Com Seekers Journal. It morphed from The Dot Com Seekers Journal to eventually call it, The Dot Com Seekers Labs. And then it became a Funnel Report and then it became Funnel University. So I actually ran a print newsletter for 14 years. We shut it down two years ago, but 14 years I ran a print newsletter. Josh: Yeah. I remember when you shut it down actually. Russell: Yeah. And I loved it, but I just, anyway... There's reasons like the person who was publishing it, she had a baby and she retired and all these things. I was just like, "Ah. I'm, I'm focusing ClickFunnels. Don't even worry about this right now." So we shut it down. But I loved that part of it. And I was like, what if I create an offer where the concept, the story, the hook of this whole entire thing is like, "Russell bought Dan company and they're coming together to give you two things like the best foundational direct response in the world. Plus the best in the marketing, the cutting edge, the new things are happening. So you can have both sides. So you understand the foundation you need to be able to survive Facebook slapping you and all these things happening and media shifting and changing. But you also have like what's working today so you can capitalize on things in real time." What if we took those two worlds together? The baby. And so instead of just being like, "You're signing for the new, from the Dan Kennedy newsletter," what if it was like, "Dan Kennedy, Russell Brunson?" Two different newsletters. You get two newsletters for the price of one. I was like, "That's the offer. That's the hook. That's what gets affiliates excited, to get ads excited, everything gets excited around this offer." And then, every mornings at 5:00 in this morning, or 5:00 AM every morning this week, I woke up and I'm writing copy for this page of like, "Okay, here's the hook. They're coming in. And there's Dan and there's Russell." How these things are coming together. And the story behind that, how it worked and then the offer instead of just like, "Here's $697 worth of free stuff," it's like, "you get two newsletters. You get the best direct response, best of Russell, every two weeks." So you get one in the mail and then 14 days later, you get the next one. And you're getting both of these. You get the old and the new but you only pay one price. You get both for the price of one. And then you get all Dan's bonus, all Russell's bonuses. Now becomes this like insane offer where, now, it's like, "I'm excited to mail my list." We bought Dan's company, you get all my best stuff in this to get, and it's this combination. And then affiliates will be excited. It just... And maybe the hook bombs, I don't know. But it gave me the energy, just like, "Okay, now, this is exciting and sexy." And so I can turn that into webinar where it's just like, "Dan Kennedy and Russell Brunson coming together to literally blah, blah, blah, blah, whatever." Like, "Opt in here to find our webinar," and people would opt in because the story, the hook is exciting or I can do a challenge like, "The seven day challenge. Me and Dan are going to go through how to destroy your business and blah, blah, blah, blah, blah." And in the end, I'm selling a newsletter or it could be a VSL telling the story with a newsletter or could be... all of them work. The book is the secrets of story. Josh: Well, what it sounds like... Correct me if I'm wrong here, but it sounds like you just created this story about the offer. And now that you know what the offer is, and there's a reason that that came together and like, "That's what it is," now, you understand the story behind that. I'm trying to think of it like an analogy. For example, Disney world. That offer is so good. You're literally going into a different world that pretty much sells itself once you put it out there. And so once you have the story, once you have that idea around what the offer does and how it's unique and how it's it's own unique thing, then you can just take that and then it fills the rest of the funnel. Because everybody wants that thing because now the offer itself is so good. And I think one of the problems that I had, man, for so long is, I was trying to convince people that they wanted my thing be... Or convince people that they had this problem, and then that they wanted this thing, and then I would make them an offer on it. And they wouldn't get to... they wouldn't even know about the offer, or what the offer did, or like anything about it, until like forced or like right before the offer. And they'd be like, "And then I've got this offer? Boo." And because of that, there was no story around it. There's no congruency with it. And so then it was like, "Oh, I didn't even know. That's what I was here for." And then I would like try to sell them something and it wouldn't sell. And I feel like that's the problem that got solved right there, is like first you created the offer and the story around the offer and you made it sexy. And then that made everything else on the funnel super, super easy, because you were just pointing them back to that. Russell: Everything, the funnel plus all the ads. Because now the ads are fun. "Why Dan Kennedy came out of retirement? Dan Kennedy almost died. What's he doing today?" All a sudden, all these hooks that tie into that. "Why did Dan Kennedy partner with the owner ClickFunnels? Why did... Is it true that ClickFunnels was built off the back of all Dan Kennedy principles?" There's so many stories I can tell now that are hooks. That'll grab his people in or my people in or... And then the landing page. And then... It creates everything. And the people that the best in the world of this, and they also make the most money, is Agora. The good Gora publishing. They're selling newsletters. That's all they sell. Right. But every single time they have these insane stories like Porter Stan's got... I think maybe not still, but for like a decade and a half, the highest of all the Agora divisions. I think he'll do like 1.5 or 2 billion dollars a year. Like these are big divisions. Porter's letter one. And, the story was like, "The railroad across America." And it was talking about like, "The original railroad, how it happened and all the people made money along the way. And this is the next railroad that's being built. It's the digital highway and all this stuff." And that offer was selling a newsletter. But it's the story behind it that became this thing that built a billion dollar company. And they're good. They're so good at figuring out the story, those kind of things. And I think sometimes we're like, "Hey, I've created a course in the passed. You should create a course too. I made money. It's going to be awesome." And then like, "You should buy my course creating software or whatever." Like, "That's not the thing." We're so bad at telling stories. We brag about our result. We tell them making the same result and that's it. It's like, no, that's not the key. It's the story. It's the entry. It's the... We want to be entertained. We want to be courted. We want to be... that's the game we're playing in marketing. And so when you figure that out... The offer is actually sexy. And then why is that sexy? The sexiness is not just, "You get a bunch of crap." The sexiness is the story about like how this was created. Josh: Literally what it does that. Russell: That’s the fascinating part. Josh: Yeah. Yeah. Catherine Jones. One of her favorite things is, "When your stories become their stories, then your solutions become their solutions." and that's literally what this is. If you can tell them a story where they like it and they're like, "Oh my gosh, this is amazing," then, go and do it. So for example, Harry Potter world. The story, it... My wife freaking loves Harry Potter world. I mean, that was her thing. When we went down to Funnel Hacking Live, it was like, we were going to take a half a day just to go to Harry Potter world. So we showed up and then it was like, "Hey." Miles is like, "Dude, the buss is leaving for Harry Potter world." There wasn't much convincing that has to be done. The story is, "Oh my gosh, Harry Potter world's amazing. It's Harry Potter. I want it" She wanted that thing because of the story that was leading up to it. There was no, "What's Harry Potter world? Is it any good? What's this?" It's like, "No, it's Harry Potter world." And you're like, "Oh, okay. Yeah, I want it." That's like the story with that. So that's super, super interesting. So where do you see the future of funnels going? Because obviously there's a lot of changes coming with ClickFunnels and ClickFunnels 2.0, which, oh my gosh, I'm so excited. Gusting. Gusting hits me up. Probably... Dude, he probably hits me up once a week and is like, "Hey, guess what? ClickFunnel 2.0 is awesome. And you don't have it." And I'm like, "I heard you. Stop." Russell: He actually built out the magnetic marketing funnel hub right now for me, which is cool. Josh: So, yeah. So anyway, but what's the next evolution? And we don't have really have too much to talk about metaverse and where that goes. But we're entering this new world. I mean, the world is changing very, very, very rapidly. COVID is one of those things that we thought the internet was a big deal, and internet marketing was a big deal, pre-COVID, and then we watch zoom blow up by like 3000% or something like that. And they ruin zoom for us. But anyway, so where are things going that people should be paying attention to and going actually studying and understanding about the future of funnels? Because one of the things that I've been really, really focused on and we're kind of getting dialed in, is community funnels, Specifically, I think for me, one of the things that I've noticed is that it's very, very... It's getting increasingly harder to sell things unless you have a community that's tied with it. And so like for me, one of the things we're focusing on is how do we build funnels inside of our community where our community actually becomes part of the funnel? Which is kind of a cool concept. What do you see as those future things of where funnels are headed, where the big opportunities are going to be? What's the next add to webinar to a 9 97 course? You know what I'm saying? What's the future? Where we're heading? Russell: I hate to make it sound simple, but if I come back to the fundamentals we talked about the beginning of this call. Like Dan Kennedy, whoever can spend the most money to acquire customer wins. So you look at it through that lens. Went from a product, to an offer, to a funnel. And now with the funnel, I have more ways to make money. And then, from there, the next evolution was like from funnel to value ladder. Right now, it's like, I have a break even funnel and move people up a value ladder and that's how I may lose money or break even on my book funnel, but then my webinar funnel's going to make money or vice versa. Right? Josh: Right. Russell: That was the next phase. And I think, for me, where I'm playing because I'm trying to play for the next 10 years. How do I win this game? We're doing well. I want to.. How do I get a point where, Shopify, or Salesforce is like, "I want to write you a check for 20 billion because you're such annoyance." The way I'm going to do that, for me, is... and it comes back to why did I acquire Magnet Marketing? Why did I buy Brad Callin’s company? Why am I doing this? Because I'm not looking at breakeven funnels anymore. Breakeven funnels, awesome. I'm going one chair back or I'm building breakeven businesses. So magnetic marketing, the only gold magnetic is to break even. The entire company, the value ladder, the coaching, the everything. So every penny made side of magnetic marketing be dumped back into ads, want 100% of the profits dump back into ads. So this company's blowing up. And I get now all these things dumped into my value ladder for ClickFunnels. Like that's it. Voomly doing 40 million a year? Why do we acquire that company? Tons of lead flow. Now, right now there's... it was 10 million dollars a year net profit. All that money now is being dumped directly into lead flow as a breakeven business, to acquire customers for ClickFunnel. So I think it's going deeper. It's looking past... from product to offer, to funnel, to value ladder, to how do I buy or acquire or create something where the only goal of this entire business is just get customers for free that can put into here. And I thing, for me, that's the next level is just like that thought. Josh: You just blew my mind, dude. Holy cow. You're creating an ecosystem, but in a very specific way. It's interesting, as you just told that out, just, "First, it was this. Then, it was this." The thing before it didn't change. That's still part of it. Russell: It's both the same. Yeah. Josh: Right. But it's kind of that next evolution, that next piece of where that comes out. That's fascinating. I think a lot of people need to just really rewind that, go listen to that clip again and let your brain sit on that. Russell: That's how I'm playing the game. Yes. Hopefully I'm four step ahead everyone else, but I'm all for showing that with you guys. And so I just... Again, for everyone to start thinking that, because it's going to get harder. It's going to get more expensive. It's going to get more... We've seen that this year. Ad costs have gone up. It's not going to get cheap. It's not going to bounce back down and be cheaper. It's going to keep doing that. The people who only had a product back in the day are out of business. People only had an offer back in day, they're out of business. People don't have a funnel are out of a business. People don't have a value ladder out of a business. So it's just thinking ahead of that. Metaverse or whatever next step is, doesn't really matter. It's the principle still is the same for me. For 20 years, whoever can spend the most money to acquire customer wins. Josh: Wins. Russell: How do I do that in a way that serves the customers, brings them in and then... I'll end on this, because it back to what you said. And I did a podcast on this. It's in the facts I got from Dan Kennedy. After the company sold last time, he was super mad at the company that had jacked up his brand and his legacy and stuff. And so like he sent this 25 page facts, like all the things to do to fix it. And there's one paragraph where he said, "There's difference between why customers come in and why they stay." He said, "People think they're the same things." He's like, "No, no, they're different." Why they come in is because they see the hook of like, "Ooh, the scene." They come in from that. They stay for something different. And you have to understand that. So like I had my inner circle meeting, right. Everyone paid 50 grand to be in the room. We had a hundred entrepreneurs in the room and I told them. I said like, "Well, you guys all because you want to learn funnels from Russell." But I'm like, "The reason why you came is not why you were going to stay here. The reason I get sick year, after year, after year is because of the community." That's it. That's why I sat in Dan Kennedy rooms for six years of my life is because the community built and I wanted to be around these people. I came for Dan stuck for the community. And I think that you start understanding that, that's how you get these people to come in on a front end, but they stay and they buy over and over and they stay on continuity. They stick because it's like.. They come in from a hook, but they stay for the something different. And so really understanding that and then weaving everything you're doing like you're doing now with the community funnels, which is perfect. Josh: That's amazing. That's amazing. All right. Well I think that's a good ending point for that topic. Russell: There's episode number two of our hangout today, which was amazing. Learn more about your ad choices. Visit megaphone.fm/adchoices

With everything we have to do... does podcasting really make sense? Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- Russell Brunson: What's up, everybody? This is Russell Brunson. Welcome back to the Marketing Secrets Podcast. We've got three special episodes for you. The first one, well, actually all three of them are with my guest host, Josh Forti. We're going to be breaking down some cool things. The first episode... What happened in the first episode? It was really good. Josh Forti: Yeah. We talked all about podcasting, why podcasting is important. Russell: Yeah, podcasting. So episode number one, we learned about podcasting, why we do it, how we do it, the reasons behind it, and a whole bunch of other things. If you haven't been doing a podcast yet, it's going to sell you on why you need to do one. If you have done one, it's going to show you guys why and how to amplify it, and why it's so important and how to find your best buyers from it. I hope you guys enjoy this episode. We'll cue up the theme song, and we'll be right back. What's up, everybody? Welcome back to the Marketing Secrets Podcast. Like I said today, the next actually couple episodes, I've got a guest host with me, which I'm pumped for. We actually did two podcasts. Well, technically, they were podcasts episodes for your podcast, right? Josh: Yeah. Russell: And I ripped them off for my podcast because they turned out so good. One is after the Atlas Shrugged book, Josh Forti flew out, and we did... How long? We went for... Josh: It was three and three and a half hours. Yeah. Russell: Three hours. Yeah. Josh: Three and a half hours, yeah. Russell: Going deep into Atlas Shrugged, which was really fascinating. I actually just reread it recently, so if you want to do Round Two, we should totally do that. And then, after I read Atwood and the devil book, I freaked out, and then Josh flew out and we did one there. So you guys who have been listening to the podcast are familiar with him and his voice. But I asked him, I love doing the podcast, but sometimes I fall behind, and my brother who does our podcast settings, "Russell, any episode today?" I'm like, "Huh." I don't even know what to think. I want someone to help come up with ideas so it's not just me. And so Josh went out to the community, asked a bunch of questions and the next couple episodes are going to be some fun conversations. So I'm pumped, man. And thank you for doing this. I know this you're doing this pro bono to hang out and just to help me out, so I appreciate that. And I'm excited to find out what people want to know about. Josh: Yeah, for sure. I love podcasting. That's my life. If I could do one thing, it would just be, have a show that we just talk all the time. So this is fun for me. It's like asking you to come hang out and geek out about funnels. So I'm super excited, though. It's going to be super cool, and dive in further, and pick your brain, and open up a new world that I don't think a lot of people get to see. Russell: Yeah. It's interesting, because I feel that when it's me doing my own podcast, I pick a topic, I go into it. But it's fun when... Yesterday I had a chance to speak at a virtual event thing, and I did my thing and in the end people ask questions. It just opens up a different side that you don't normally do. And so I don't do a lot of Q&A stuff. So I'm excited to... Josh: Yeah. It's interesting. Russell: And maybe this is the only time we do this. Maybe it's a huge train wreck, and this is the only time it happens. Or maybe it becomes a thing. We'll find out. Josh: We'll try to make it not a train wreck. We'll try. We'll do our very best. I think one of the big things though that I want to start with and kick this whole thing off is why you spend so much time with podcasting. Because here's the thing, man. You're rich. We all know it. You don't have to do this. You have this company that you could. We all learned at funnel hacking live, you turned down a billion dollar offer, so clearly you're not doing this for the money. And you've got a company. You've got a team. You've got all these resources. You could spend money on ads. You could do whatever it is that you want. Yet, somehow you are calling me up and are like, "Dude, I need to do podcasts." And to somebody who gets it, and I get it. I have a podcast. I dedicate time when it doesn't make sense. I put money into a podcast that doesn't make sense. On paper, I get and I understand content and putting it out there, and I've never been at your level either. I don't think a lot of people understand. Why do you do it, dude? Why a podcast? And why are you investing so much of the time that you have now, which is limited, I'm sure? There's a lot of people trying for your attention. Why a podcast? And why is that such a core, fundamental piece that you actually spend so much time on, when you clearly don't have to? Russell: I could probably, in fact, I'll probably give you four or five reasons, because there's not just one reason. There's a lot of them. And I actually, I remember when podcasting started. I was at at Armand Morin's BigSeminar, and someone was on stage, Paul Collier was on stage. He's like, "There's this thing coming. It's going to be the greatest thing in the world. It's called podcasting. And you're going to put these things in your ears and listen to people talk." I remember, "That's the stupidest thing I've ever heard. No one will ever listen to that." I just didn't get it. He's like, "No, this is the future." And I remember because I was my roommate at the time was Josh Anderson, some of you may know Josh, and Josh went and bought every podcast domain he could think of. And I was like, "You're dumb. That's never going to happen." But I do remember, "Well, if I ever did a podcast, I'd call it the Marketing In Your Car Podcast, because when I drive my car, I could record it. And I remember thinking that. And I remember I bought, at the time, Marketing In Your Car, and I did nothing with it for, I don't know, eight or nine years. I just had it. In fact, I even paid someone to write an intro song for it. So if you ever go back to the first episodes, the first hundred-something episodes, there was this really... At the time it was so cool, and now it's corny, but there was this theme song that some guy wrote for me. And I had it for five years, this theme song, and I never used it because I was like, "I don't get podcasting." Then in my business life, we had grown up my company at the time. We had a hundred employees. And then, the long story you guys have heard before, is the company crashed. Everything fell around, and it went from a 20,000 square foot office to 2000 square foot office. I felt like an idiot. I was embarrassed. My status was at an all time low. I was weird. And for some reason in that season of my life, I had this impression, "You need to start podcasting and talk about marketing." And I was convinced at this time I was the worst marketer in the world, because I had just crashed my entire empire. I'm an idiot. I didn't want to, but I felt this impression like now it's time to start a podcast. So I literally, from the ashes of my business, started this podcast, and I had at that time a four or five minute drive to the office. Okay, I can be consistent with this. It's going to happen all the time. I'm going to do it. So I got my phone out, I clicked record, and I would literally just drive to my office and I would just talk about what we were trying to figure out. "All right. Today, we're going in the office and working on this new offer, and this is what we're thinking and da, da, da." And then the next steps were, "Oh, we launched the offer and it worked." Or it didn't work. So we tried this. It was just me documenting. It's funny. I heard Vaynerchuk talk about, "Document your journey." And I didn't know. That wasn't a thing at the time, but that's literally what I started doing. And it was nice, because it was something that was so easy. It was easy to be consistent with. I think if I would have had to do a podcast where, for me, if I had a studio and a microphone, all those things, I probably wouldn't have done it because I wouldn't have gotten enough momentum to stick with it. But it was easy. And at first the way we set it up, we couldn't track stats, so we had no idea if anyone was listening, which was a huge benefit. Because had I known how few people were listening, I probably wouldn't have kept doing it. But I just kept doing it and doing it, not really knowing what kind of return was going to happen. It's funny now. I had someone, about a year ago, go through and start from the very beginning and listen all the episodes. I was trying to get some notes and trying to remember. And it was cool, because they started coming back, reporting. He's like, "Did you know on this day you talked about why you thought anyone who wanted to build a company over 10 million dollars in sales was a moron? You should never try to grow company that big. And then over here you talked about, you're never going to hire an employee again." All my thoughts at the time, which have morphed and shifted obviously. But it's this cool thing where I have this record now of this journey from the ashes to ClickFunnels and beyond. So it's been very special for me. Josh: Okay. Sorry. I want to continue down that path, I want to interject right there. The reason I started a podcast is because, literally, you told me to. You didn't physically be like, "Josh, start a podcast." But all your books, all your content, you're like, "Publish, publish, publish, publish, publish." And I'm like, "Okay." And so it started on Facebook. It started on Facebook Live, and then it grew. And then my friend Daxy, he is like, "Dude, turn it into a podcast. Way more people would listen." All right. So I have, I don't know, four or five hundred episodes now on my podcast that I have done with you and all these different interviews or whatever. But what I tell people is, and this is true in all areas of my life, I'm so blatantly honest on my podcast. I don't filter or mince my words at all. Shocking. Russell: You're filtered on Facebook and Instagram, you're telling me? Josh: Just a little bit. But what's interesting is one of the things that you pointed out there was you have this document. You have this record of exactly where you were at at the time. And so for me, one of the things... And this is bigger than just podcasting. When you're just blatantly honest with yourself and where things are at, and you just turn on the microphone and you just talk, you actually can go back and you can watch your progress. And you can see. Oh man, when I was 26 years old, when this happened, this is what I thought about life, or this is what I thought about this particular topic, or this is what I was learning here. When I'm building a funnel or I'm building something that I knew I worked on in the past and I talked about it, I can literally go back, and I can remember the struggles. And I think it was you. It might have been. It might have not been you. It might have been Gary. I think it was you, though. You were like, "Imagine if Jeff Bezos would've documented every single day or every single week building Amazon." How much people would pay for that. That would be so epically cool. That's what it's like. So I totally understand what you're talking about there. I feel like people are embarrassed to start, they're embarrassed where they're at now. And so they don't want to put it out there. I'll never forget Liz Benny. Obviously, you know Liz. She's amazing. I had her on my podcast. This is probably a year and a half ago. And she's like, "Josh, I've watched you grow so much." And I'm like, "Really?" She's like, "Oh yeah." I'm like, "How do you know?" She's like, "Because I listen to your podcast." And it was like, "Oh, this is a long term thing." It was at that moment that I realized it. Russell: Uh huh. For sure. It's interesting because, if I haven't publicly talked much about this yet, but I've been acquiring old books. I just bought this whole, literally, library of Napoleon Hill books and stuff. And it's been so fascinating because I'm reading through and these are the records of these people and their beliefs and their thoughts. I've got old magazines from early 1900s, late 1800s. I'm reading. I found articles from Thomas Edison, who were in the publishing these. I'm reading this stuff and it's so cool. And one thing, this is Russell guilt. In the Mormon church one thing they always talk about is, you need to keep a journal, so that way your posterity has this thing. And I've never been good at keeping a journal. And what I started realizing as I'm going through all the Napoleon Hill stuff, I'm so grateful that they wrote these things down and they have this journal. And I started from that guilt again. And all of a sudden I was like, "Wait a minute. I don't have a journal, but I've been podcasting now for seven years." This is my record. This is, when I'm dead, my kids or my grandkids or my posterity or people, whoever it is. This is how they're going to learn about me and figure out who I was. And hopefully I shortcut them some trial and error. Here's the journey I went on, but here's what I figured out. I can help them. I think all of us are always talking about wanting to leave an impact. I think my podcast episodes, I'm hoping these are my journals. These are my records. This is like what I just bought from Napoleon Hill. I'm hoping that this becomes something for the future generations that they can build their businesses off and their ideas and their plans. Because my podcast is... It's a marketing podcast, but I don't talk about marketing most of the time. I talk about my family and my kids, and I'm learning, and my personal development and all the things. Marketing is just the hook I got people in, but it's my life record. It's my journal, which is cool too. Josh: Yeah, that is super cool. It's funny. Quick side note, we have to shut down this indifferent theory, because Apple.... Russell: Just spell it different. Josh: Yeah. Believe me. We've tried some things. I'm not trying to push against the biggest company in the world. So anyway, we have a new name. I'm not going to say it yet, but it's coming. But anyway, in the last just couple weeks, I've had to pause doing podcasts. And it's weird because what you said right there is, "I don't keep a journal." But I know that I do keep a journal via that exact same thing. And it was weird. I went to my wife literally two days ago. And I was like, "I need you to, to help me create a system for the short term to be able to document my thoughts because right now I'm not doing it. And I have so many things that we're going through right now." So I totally get that. But I feel like there's got to be more than that. There's got to be another reason besides just the documentation process for the podcast for you. Russell: For sure. That's the first thing. Again, I got four or five that run in my head, so I don't know what the order they'll come out in. But the next one is eventually I wrote a book. And people were like, "These books are so good. How do you know all these stories?" And for me, I have an idea, and the idea percolates in my head for a minute, and I got to tell someone. So usually first person I tell is usually the podcast. I'm thinking about this thing and I talk about it. And so I tell the story the first time. The first time it may not even be that fleshed out. Then I get to the office and I see Dave over there. Dave's excited. I'm like, "Dave, check this out." And I tell it to him again. And then I tell someone else. And then I'm doing an interview and I say it again. And I tell the story four or five, six times, and I get better and better at telling the story. And then when I'm at a seminar and I'm on stage and I'm talking. I have no idea which direction I'm going. All of a sudden, this thing will pop up my head. I've told that story six times three months ago, and it appears. I remember Tony Robbins told me this. He said, "When I go on stage, I have a plan, but the plan, it never goes to plan. I start talking." And then he's like, "These downloads just come from God or from the universe, and they just show up." And for me, as I started podcasting and telling these stories over and over and over again, that's exactly what happens now. When I need something, I'm in a situation, I'm coaching someone, I talking, I'm on an event or a stage or something. I need something often that just, it appears when I need it. And I think it's because I didn't just think about it and forget about it. I think about it. I tell it on a story. It's published. I tell someone else. And then when I write a book, I've told the story 400 times. I know the best way to tell the story now. I've seen what people laugh at, what they don't laugh at, how to do it the right way. In fact, it's interesting, my next book is a personal development book. I've struggled with that one, because I don't have a personal development podcast. And I haven't tested these stories, these principles or these theories. I've been stuck, as you know. I sent you the rough draft eight months ago, and I haven't written a word since then. Part of it is I haven't had a chance to flesh these things out. So it gives me idea to flush out my ideas is another one of them. Another one that's interesting... I don't know the exact stats, but I read it somewhere. I think I talked about on Traffic Secrets.I put it in there. But conceptually, they talked about people who are podcast listeners versus the rest of humanity. And I'm going to tell you about the stat, and I'll tell you how the practical application of that stat, which is really fascinating. So the stat was something like the average person who listens to the radio makes, I don't know, $60,000 a year. And whereas the average podcast listener makes $120,000 a year. So the people you are getting and acquiring, they are people with more spending power. They're more affluent people that are the kind of people who are trying to develop their brain, their minds, things like that. They're more likely to buy a course or software or a Mastermind or things like that, because they're the kind of people who aren't just listening to the radio to numb themselves. They're listening to audio to grow. That's the fascinating thing that you're getting a better caliber customer who are listening. Number two, you are getting them in their most intimate moments. When do you listen to a podcast? It's when I'm working out and I'm by myself and it's me and them, and I have their full attention. I'm not listening to a podcast where I'm writing an email or texting someone. Or I'm in the car driving. I'm getting access to their brains and their minds in their most intimate moments. But it's just me and them. Even video. Josh: It's not even like that on YouTube either. Russell: Yeah. I'll watch a YouTube video while I'm cooking dinner, while I'm doing five other things. Josh: That's super interesting. Russell: I don't listen to podcasts with my kids in the room, because they're going to ask me a question. They're going to mess it up. It's when I'm separate and it's just me and them and that's it. I have a different level of intimacy with the podcast people that I'm listening to. So the higher quality customers, better level of intimacy, and then the practical application. The first time I really got this, it was after I launched my Inner Circle the very first time. And again, it was funny, because I always told everybody I never money on my podcast. I’m doing this podcast, I'm not making any money from it… And as I did it for four or five years, and I launched my first version of my first version of my Inner Circle, and we had a point where we had about 33 people in it paying 25 grand. And I remember at one of the events, somebody asked, "How did you guys bump into Russell?" And all of them were like, "Oh, I saw something, but then I got on this podcast, and I listened to him every single day while I was working out for six months. And he kept talking about this Inner Circle and talking about this thing. He's going to get all these things." And it was fascinating. Almost everyone in the room, they didn't hear about my podcast. Podcast isn't good for lead gen. It's never. Josh: Yeah. It's horrible for lead gen. Russell: You can't just buy ads and blow up your podcast. But people find out about you. They plug in to your podcast. And the people who make that transition from, "I saw a book." "I saw an ad." "I saw something." And they make that transition where they actually get the phone out, subscribe, and then plug you in. Those become your best customers, your highest buyers. They're the best. And so the practical application is yes, by doing this podcast, I'm taking... And I talk about this in Expert Secrets. And actually my Inner Circle meeting last month, we talked a lot about this. We talked about creating a new opportunity versus an improvement offer. And for the most part you want to create new opportunities. That's what gets people in the door. And I told everyone, your value ladder should be this new opportunity. There's opportunity stacking. The back of the value ladder, there's one section that's saved for people with ambition. New opportunity is all about getting people who have a desire to come in. But people with ambition, and the percentage of your audience is small. The percentage of people who have true ambition, it might be 15 to 20%, maybe. Josh: Yeah. Russell: But those are your most ambition. I told them my Master, I didn't sell you guys new opportunity. Do you want to come to Boise and talk to other entrepreneurs? Or are you going to get better and stronger and smarter, all the ER words? You guys are the ones at the top of the value ladder. You are ambitious. So I'm not selling you new opportunity. I'm selling you guys improvement. And it's the hardest thing to sell, but it's what one tier of your audience wants. I feel like same thing, the people who are listening to your podcasts, these are the people who want improvement. These are the ambitious ones. They're not the tire kickers. And so it's the best way to convert people in their highest ticket backing things as well. Josh: Yeah. And I also think, one thing that's very important to point out, I think here, is the style slash type of podcast that you particularly create. Because I've studied a lot of different podcasts. Joe Rogan obviously is a big inspiration of mine when it just comes to creating content or whatever. But what's interesting is that the type of content that a Joe Rogan creates, or that even a Logan Paul or any of the bigger mainstream podcasts, oftentimes it's much more for entertainment. And Joe Rogan, I think, maybe is the blend between the two. But a lot of podcasts, they're not specifically for solving a very specific problem. And so what I always say about specifically the type of podcast that you create, you or Steve or whatever, your type of podcast is horrible for lead generation, but is amazing for lead education. It's because once they're in there, you have that. And what's interesting is one of the times that I listened to your podcast most... I'm going to let you guess. I'm sure you're not going to get it. But what do you think one of the times I listened to your podcast most? Russell: When you're driving somewhere in your car. Josh: That's a time. Yeah. But it's when I'm in pain. When I have a specific pain around my funnel, I will literally go, "Russell has this podcast. He's got all these episodes. I bet you he's talked about it." And so I'll literally go on my phone and I'll keyword search for different things. And I'll specifically go. There was one time I was listening to, it was something about a webinar or something, and you were talking about how you wrote your headlines and basically how you came up with your framework for it. And I remember you did that one time. And so I was struggling with it, and so I literally searched it and I did it. And so the type of podcast that you create, in my head there's two different ones. There's one for entertainment. And then there's one for education. And you create one specifically for education. And when you do that, that's the type of podcast or that's the type of content that literally goes and educates your member. And when you have that, a hundred percent, my top buyers, anybody that gives me top dollar for my stuff, they all listen to my podcast or have been on my podcast and I'll pull something out of it. They're always the ones that pay the most money. For sure. Russell: For sure. It's interesting too. And there's, as you said, a lot of formats. When I did mine, I did a short form for a couple reasons. Number one is it was my drive to the office, so that's how it started. But number two, I love Joe Rogan and I probably listen to one of his entire podcast ever. Josh: Oh my gosh. I probably listen to a hundred of them at least. Russell: And I get overwhelmed, because each one's four hours long and there's all these different people. Everyone keeps talking recently about the Jewel one. "It's the greatest thing in the world. You've got to listen to it." Four hours. I could get a whole audio book, the entire book done in four hours. Is that worth the investment? I don't ever want to dive into it, because it's so big. Whereas mine, again, someone's in the car and only got a 10 minute commute. Boom. Throw it in. They get an episode. And then what happens is they get hooked, and then they'll listen for four hours. So it's different though, because if Joe Rogan's were broken up into even 20 minute blocks, I would probably listen to all of them. Josh: YouTube Joe Rogan clips. It's Joe Rogan experience clips. And it's literally 20 minute episodes. Russell: Oh cool. Josh: So if you ever want to. Russell: That's probably what I would do. And I think it's interesting. And then also another nice thing about short form is people come in, they listen to one... And I get this all the time. People are like, "I got your podcast, listened to three or four episodes, and I loved it. So I started at the very beginning and I binge-listened to all of them." It happens all the time as well. Whereas Joe Rogan, you're not going to binge-listen because that's 65 years worth of content you're going to go through. Mine, they're short. I'm going to go to the beginning. And they start and they binge listen. And then they've gone through your journey with you. And by the time they show up, they know everything that you've ever said. And they're so much easier to work with if they've got that stuff. I think everyone needs... It's one of the things where you're not going to see a big return or not initially. But over time, if you're consistent with it, it's the best thing. And then obviously, I don't use my platform for this, but you do and I think it's brilliant. It gives you access to all these people. Whereas the interviewing people, you get access to people you can't otherwise. Josh: Doors open that you literally can't even understand simply because you're like, "Hey, I have a podcast and hey, I've got these couple other cool players on here. You want to come?" Alex Hormozi is coming on my podcast. I literally reached out to him, "I have a podcast." And a hundred percent, I'm going to admit something to you right now. I was like, "Hey, I had a podcast, and Russell's been on a couple times. You want to come on?" He's like, "I love Russell. Of course I'll come on your show." Russell: That's awesome. Josh: Crazy big doors that get open simply because you have a platform to be able to allow someone to use their voice as well. Russell: I remember, before Tony and I were super close, we met a couple times and stuff, but I remember he was doing some launch. I remember Lewis Howes and him did a big interview. And three or four people they interview sound so annoying. Why is Tony hanging out with these people and not me? And now all of a sudden, I had the ahas. "Lewis Howes has got a big podcast. Oh my gosh. Okay, I need to be able to offer my platform to him to get in that door and really build that relationship." And that's one of the powers of it too. You have a platform, now you've got ability to access people you can't otherwise. As you know. Josh: All right. Two rapid fire questions here really quick. Because I want to move on to the next topic to keep us on track. But number one, what's the Joe Rogan episode that you listened to all the way through? Do you remember which one it was? Russell: Oh, I do know. Yeah. And I actually hate that I listened this one. It was the Gary Vee one. Josh: Oh. Yeah. Russell: And the reason why I listened, because I want to be on Joe Rogan's podcast someday. And I want to see what Gary talked about because... As you know, Gary and I have a... He probably has idea who I am. Josh: You have a light beef. Russell: We've got an interesting relationship. He's not my... Anyway. I've got to make sure I'm the next internet marketer who actually does a better job. Josh: Okay. Two things on that. One, anybody listening, I'm going to do this, so don't take it, but I'll beat you to it. If you ever can get Russell Brunson on Joe Rogan, that's a great Dream 100 gift right there. That would be amazing. Secondly, I've listened to so many episode of Joe Rogan. One of my favorite ones is actually with Kanye. I know everyone thinks Kanye's an idiot. But if you can, that's five hours. It's insane. It's one of the most intense episodes I've ever listened to. But one that is a must-listen to, seriously one of the best podcast episodes ever done is his first interview with Elon Musk. If you ever get the chance, just sit down and listen to it. It's three or three and a half hours, but understanding that dude's mind, Elon Musk, you will not regret that three hours of your life. It was a fantastic episode. So that's the one. Russell: Very cool. Josh: Okay. Last thing here before we move on, are there any other points that we didn't cover about why someone should have a podcast? Wrap up, make your closing arguments around why somebody should go setup a podcast. Russell: The last one I'll say, and I quote Nathan Barry, actually, in Traffic Secrets. And I'll probably mess up the quote, but it was interesting. He talked about how... I think the title of the blog post I share is, You Got to Publish Long Enough to Get Noticed. And he talks about how for most of us there's so much content out nowadays. There's all these things. It's hard to know what's going to be good. 5,000 podcasts launched today. How many Netflix episodes, all sorts stuff. He says most of us find out about a good show at Season Two or Season Three, because of this, we waited to see, our friends talked about it. All of sudden it gets a breaking point where everyone's talking about it, and then you become this overnight success. It's interesting. He said you have to publish long enough to get noticed. And I think that's the biggest thing to understand. Especially most people who are getting started and they're so scared. "I'm going to look like an idiot." "They're all going to make fun of me." "I'm just a beginner." Blah, blah. All these different excuses. The good news is, at the very beginning, no one's listening. Josh: No one's listening. Russell: It doesn't matter. Just do it. This is your chance to actually find your voice and learn how to speak and tell stories, and all those things. No one's listening. And if you keep doing it, I tell people all the time, if you publish consistently for a year, that doesn't mean once a month for a year, daily for a year, or three, four times, five times a week consistently for year. Two things will happen. Number one, you'll find your voice. Number two, your audience will have a chance and have enough time to actually find you. And so it's going out there and just setting it up, the ROI. And I'm a big ROI. You look at my DiSC profile, my number one value is ROI. If I can't see the return on investment on something, it's hard for me to do. It's why I struggled in school. It's why I struggle in awkward conversations. Because I'm like, "What's the point of this?" I don't get it. Podcasting was hard, because I didn't know what the ROI was. And luckily again, I didn't see the stats for three years. Josh: Is that how long it was? It was three years? Russell: Yeah, before we figured out how to get the stats on it. Josh: That's crazy. Russell: But because of that, because I didn't know what the ROI was, and I was just hoping and praying with faith that it would be good. Now I see the ROI. Now it's important. Now I do it twice a week. Regardless, it happens in the queue, in the can because it's that important. Josh: If your number one thing is ROI and you figured out the podcast is worth it, guys, there's your selling point. Go start a podcast already. Russell: Got a podcast. Let's go. Josh: Honestly, it's amazing. And it's so much fun too. You learn so much about yourself. And I think the one thing I'll say about podcasting is you've got to really find your own unique style. I was listening to, I know you know Alex Becker, but Alex Becker is probably one of the biggest influencers in crypto right now. Just insane. One of my friends who got his NFT, and he's up a quarter million bucks in three months. Just insane stuff. One of the things that he said is right now in the industry, everybody is trying to become an influencer. And so he says, "I see all these people trying to model exactly what it is that I do." And he's like, "I have no problem with you guys doing that because I get it." At the beginning, you don't know your voice yet or whatever, but he's like, "You'll never be me." And I won't use the language that he used. But he's basically like, "There's only one me, so eventually model me, do whatever you need to do. But eventually go find your voice. Go find your own thing, because that's why people are going to watch you. I'm going to make sure that you're irrelevant if you try to model me long term." And so it's giving you that permission to model somebody at the beginning, but then, people are not going to listen to you if they can go listen to somebody else that has the exact same style. So it allows you to really be yourself when you give yourself permission to just try different things. And at the beginning, like you said, no one's listening. Russell: Yeah. It's funny talking about modeling. I talked about this yesterday on a call I was on. It's fascinating because people, they're trying to copy or model somebody because they're trying to get those people to attract the right audience. And Myron said, "You don't attract who you want, you attract who you are." And so if you're trying to be someone else, you're not going to... Because you want those customers. It's going to be weird. I remember when we launched ClickFunnels, I was trying to be like all the other internet marketing guys, because I thought I was competing against Ryan and Perry and Traffic & Conversion. So I was trying to be more corporatey businessy, like they were. Wait a minute. That's not me. I'm not going to wear a shirt and tie on stage. I'm not going to wear a suit jacket. I'm going to wear my t-shirts and jeans. And I'm going to talk about my family and God and wrestling and things I'm excited by. And I don't care about agency, not that I don't care agency, but I don't care about... I'm going to speak to the entrepreneur, because that's who I want. Wherein Ryan and Perry, literally, one of their Traffic & Conversions were, "This is less for the entrepreneur, more for your teams and your staff." It's crazy now because you look at the... I thought we were in the same market, but as soon as I leaned into who Russell was, it's separated. And it's not that one's better or worse. They're different, but if you go to Funnel Hacking Live, it’s my people. You're in the audience. Most of these people here are Christians, who are athletes, who've got kids, who are entrepreneurs, who are not doing this for the money, but doing it because they want to change the world. That's the overwhelming percentage of our audience. Not everyone. But as a whole we attract who we are. So lean into that, because otherwise you're going to attract people you don't like, and you're going to hate your life, and you're going to hate your business, you're going to hate your customers. But you put yourself out there, the people who do not resonate with you will leave on their own. You don't have to kick them out. They're be like, "Russell's annoying." I get people all the time, if I mention God on a podcast or anything, they're like, "If you're talking about God, I'm out." Sweet. All right. Bye. I'm good with that. I know people are like, "I don't believe in God, but I respect that you lean into it." They're cool too. But the people who are offended leave and the people who stick are the ones you want to hang out with anyway, because you attract who you are and not who you want to bring in. Josh: And I can talk about that topic super long, but I want to keep moving on the next piece here. Russell: That's it for the first episode then. Here with Josh on the Market Secrets Podcast. We're going to transition to the next one on the next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Here's a quick breakdown of the cool things I witnessed at a recent fundraiser for my boys' wrestling team and how these salesmanship and marketing strategies can be applied to your business:1. Building Rapport Quickly:  - The auctioneers started by sharing personal stories and jokes to build rapport with the audience, making them more receptive to the sales process.2. Training the Audience to Buy:  - The auctioneers used a low-risk offer ($20 for a chance to win $500) to teach the audience how to bid. This technique, which I learned from Bill Glazer, is effective because it makes the audience comfortable with the buying process before asking them for larger purchases.3. Creating Social Proof:  - The auctioneers had assistants in the audience who made noise and interacted with bidders, creating an energetic atmosphere. This approach heightened the perception of activity and demand, similar to how table rushes work at live events.4. Identifying and Engaging Key Bidders:  - The assistants identified the most interested bidders and focused on them, encouraging higher bids through personal engagement and social pressure.5. Leveraging Cross-Industry Strategies:  - By observing successful techniques in other industries, such as network marketing's car incentives, we can adapt and apply these methods to our own businesses. This practice, as taught by Jay Abraham, allows for innovative strategies to enhance sales and marketing efforts.For more insights and updates, follow me on Instagram @russellbrunson, text me at 208-231-3797, or join my newsletter at marketingsecrets.com. You can also connect with me on Clubhouse at ClubHouseWithRussell.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Here's a shortened version:Hey everyone, Russell here. I wanted to share a story about leaning in when times get tough. Recently, Steven Larsen and I were discussing the Two Comma Club X coaching program. One member, Marie, was struggling with payments. Instead of quitting, Steven told her to lean in. And she did. Despite the challenges, Marie built a successful business helping people launch podcasts.The lesson is simple: when faced with adversity, lean in. It's about doubling down and going all in, even when it's scary. I've seen this principle work in my life, from sports to business. Leaning in during tough times often leads to greatness on the other side.So, remember to lean in when life throws challenges your way. It could be the key to your success. Learn more about your ad choices. Visit megaphone.fm/adchoices

My personal biggest take-away from Inner Circle mastermind.Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.comRussell Brunson shared insights on simplifying the value ladder concept. He mentioned waking up in a good mood and reflected on the evolving complexity of his value ladder over time. He encouraged listeners to start with his "Dotcom Secrets" book and outlined the concept of the value ladder, emphasizing the importance of providing value at each step to guide customers through the journey. Drawing parallels with dating, he explained how building relationships progresses through providing incremental value. Russell admitted that despite his efforts, his own value ladder had become convoluted, leading to the need for restructuring. He discussed the challenges of letting go of beloved programs to streamline the value ladder and create a clearer path for customers. Russell highlighted the benefits of a well-defined value ladder, including improved scalability and customer acquisition. He urged listeners to assess their own value ladder and make necessary adjustments to avoid a maze-like structure. Finally, he emphasized the value of self-coaching through these processes, akin to having a consultant. Learn more about your ad choices. Visit megaphone.fm/adchoices

Russell Brunson shares a vital marketing lesson from Dan Kennedy about the difference between why customers join a business (acquisition) and why they stay (retention). Brunson recounts discovering this insight in a confidential fax from Kennedy while reviewing archives of Magnetic Marketing, a company he acquired.Kennedy’s fax highlighted that the factors driving initial customer entry are almost never the same as those that keep them engaged over time. For instance, many join Brunson’s Inner Circle to learn directly from him but stay because of the community and relationships they build. This led to the rebranding of his Inner Circle as "Inner Circle For Life," emphasizing long-term retention.This principle also applies to Funnel Hacking Live events. Attendees may initially be drawn by the promise of learning about the perfect funnel but return for the community and intangible benefits. While many industry events shrink over time, Funnel Hacking Live grows, demonstrating the power of a strong community.Brunson shares his experience at a Dan Kennedy seminar where he observed long-time followers of Kennedy. Despite Kennedy’s claim that he hadn’t introduced new concepts in decades, his followers remained loyal due to the relationships, stories, and community he fostered.Brunson contrasts this with his early supplement business, which was profitable but lacked retention, highlighting the importance of building lasting customer relationships. To address retention issues, he advises businesses to develop a culture and community that encourages long-term engagement. He references his book "Expert Secrets," which delves into building mass movements and fostering customer loyalty through identity and community.Brunson concludes by reiterating Kennedy’s wisdom: the reasons for entry and the reasons for staying are fundamentally different and not even close. Understanding and leveraging this distinction is crucial for long-term business success and customer retention.In summary, Brunson emphasizes the importance of recognizing and addressing the different factors that attract and retain customers. By focusing on building a strong community and fostering relationships, businesses can ensure long-term loyalty and success. Learn more about your ad choices. Visit megaphone.fm/adchoices

What I'm doing day #1 to help launch or relaunch each of their businesses. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- What's up everybody. This is Russell Brunson. Welcome back to the Marketing Secrets podcast. I have just finished day number three of the Category King's Mastermind, and now I'm driving to day number one of the Inner Circle. And I just want to drop some thoughts on you of what's been happening the last couple days, my insights about some of the stuff I'll be sharing today, and a whole bunch of other cool stuff. We'll be right back. All right. So, the last three days have been insane. I think I told you guys in the last episode, we launched a new Mastermind level called the Category Kings. It's $150,000 to join, and we got 15 people to sign up in a day and a half or something, which surprised me, but it was amazing. In fact, okay, hold on for all you guys, it's been really interesting, three or four people who are in that group right now, right, "First thing Russell told us when we joined the mastermind group was to email our lists and sell a mastermind group" and one person's like "I did it and sold 20 people and made my money back the first night at Inner Circle, the very first time." And then somebody else like, "Same thing, same thing," like three or four people. So, there's one piece of advice. If you're like, "I need to make more money," and you've gotten a list, send them an email and back, Yo, I'm launching a mastermind you want in?" And I think for most of you guys, you'll be surprised what happens. So, anyway, throwing that out there is a quick win that I think all of you guys could do. It's actually really interesting. Today I'm going to be talking to the group about improvement offers versus new opportunities. If you've read the Expert Secrets book, I geeked out on there for five chapters about it, but new opportunities are what you want to sell because it attracts people who have desire and t's really good. You don't want to sell improvement offers, typically, because improvement offers only attract people who have ambition, right? People who want to improve and the people who, the bucket of people who want to improve is very, very small. Now for you guys who are entrepreneurs, who are listening to this podcast, interesting enough, you're probably one of the few people who, the small percentage of the world who actually does want to improve. And in everyone's list, there's, the majority is people who have desires and there's a small group of people who want improvement. And typically those are the people at the very, very, very, very, very, very back of your value ladder, right? It's your highest ticket people. It's the people who have ambition, right? Those are the people and they're few and far between, but they're there. And so, what's interesting, if you look at, we announced this to our list and most people were probably like, "$150,000 for a meeting? No!" But the ambitious people were like, "Yes, I want to improve." Boom. And they didn't think about it. It wasn't a hard sell. It was an easy thing. And my guess is that, on most people's lists, there's a small certain people who are looking for improvement and a high end mastermind or thing like that, is what fulfills an improvement offer, right? It's, they're going to become better smarter. Anytime you have an ER, it's an improvement offer, which is horrible for a friend and offer, but it works for high ticket. So anyway, another thing to think out there. Anyway. So I was going to talk about today, which is really fun. So I'm in a really interesting phase of the business right now where, as you guys know, we're about to launch ClickFunnels 2.0, we just bought Magnetic Marketing. So we're about to relaunch Dan Kennedy's company. We also bought Brad Callen's company, which was called Bryxen. We've renamed it Voomly because that's the core kind of product and the product line. And it's interesting because, I'm in this phase right now, where I am either launching or relaunching my core business and two other businesses. And so this mastermind has been fun for me because I'm rethinking through everything, rethinking through the problem we solve, rethinking through what our new opportunity is. Our new opportunity, by the way, has shifted over the years. And it's like, what's the new opportunity today? And then what is the… and that’s in ClickFunnels, but what's the new opportunity in Magnetic Marketing? What's new opportunity in Voomly? So as I'm teaching the stuff, it's fun for me because I'm literally in the middle of redoing these things for all the businesses I have. And so it's given me this really unique, fun experience where I'm teaching the process I'm going through in my head. And so today, for the mastermind, I have my list of 13 things that I'm currently doing and thinking through and trying to figure out for these businesses, that I'm sharing with them, as I'm going down the same rabbit hole that, they are right, because they're coming to me. To be in this group you have to have at least one or two call my club, and so they've all got a good business, but it's like, okay, I've got this business. How do I scale it? Well, usually scaling is about reinvention, right? What got you here is not going to get you you there. And it's true. The skill sets, the ideas, the thoughts that get you from zero to a million dollars are one thing. But the thoughts from a million to 10 and 10 to a 100 and a 100 to a billion are different. And so I'm going to be sharing some of my thoughts, as I'm trying to go from, whatever, 200 something a year to a billion and how do we do it? What are we thinking through? And it's ah, anyways, interesting and it's fascinating and exciting. And so, I want you guys who are listening today to look at it through this lens, right? Pretend you're consulting yourself. I thought that as I was preparing my presentation today. I was like, okay, if I was consulting myself, I've got these group people, I'm consulting them, but I'm them, right? I'm them, just maybe in a different step or different part of the journey, but how would I consult myself? What would I do? What would I say? And I started going through these things. And especially if you've read my books before, you have the playbooks of what I do and what I teach, it doesn't shift, right? It's like, "Oh there's this idea I forgot about. There's a new secret book. The fourth secret, you know, like the foundation and the foundation, the fundamentals are the same, the principles are the same, but for us it's re-going back and re-looking at them and not forgetting them. In fact, it was interesting. I was telling the story yesterday to the Category Kings that Funnel Hacking Live Orlando. So that's 2018, I believe, was the first time we launched the Two Comma Club X coaching program and it killed it. First time I ever had an eight figure day and it was insane. Right? The next year we launched Funnel Hacking Live again. Boom, same thing, eight figure day. And I was like, this is amazing! And then I did, what all smart entrepreneurs do, is the next year, I was like, "Hey, we have something that's perfect that's worked flawlessly two years in a row. Let's change everything." And so I literally changed the name of the program, the fulfillment, like how we delivered, like all the things because I thought, I had a better way to do it. There was this ER there, which means I unknowingly, unconsciously shifted it from a new opportunity to an improvement offer. And last year's Funnel Hacking Live 2020, the offer bombed we we sold like, I mean, it was good compared to what most people would think. It wasn't like we blinked, but you know, from going from two years in a row, where we do over eight figures in a day to the next year, only doing a couple a million and you've tied your cost to the event, all the stuff into this, it was a big bomb. It was a big failure for us. And while I was on stage doing the presentation, I could feel, I was like, oh no, this is an improvement offer. I forgot my own core foundational teachings, Expert Secrets 101. Ah, I've messed it up and I forgot it. even though I know this stuff, I teach this stuff, I've written about it. So it's coming back the fundamentals like, Russell! And so we, this last year, restructured it and went back to what worked before, put it back into new opportunity, launched it and boom, eight figure day. And so just, yeah, these are the things to think through, is how would you consult yourself? What would you step back? What would you do? And so I'm excited to deliver this presentation today, but hopefully gives you guys who aren't here just some ideas and some things to start looking through and how to consult yourself. Like Hormozi, a lot of you guys know Alex who joined the inner circle with the goal of making 20 grand a month and then ended up doing over a hundred million dollars in three years, which is amazing. One thing he told me, he's like, "Most people read a lot of books". He's like, "I read one book a lot of times." And for him, he said it was Expert Secrets. He read it and when it got to the end, he flipped it over, started over and read it again. When he got the end, he flipped over and started again. And it's the fundamentals, right? It's Vince Lombardi coming to his football team that are the best in the world. And first day of practice is starting saying, "Gentlemen, this is the football." And that's where these things begin. So anyway, I am almost to the event. In fact, I see a bunch of Inner Circle people walking. I'm going to wave out the window at them, "What's up guys?" Anyway, the Inner Circle who walked by, they just freaked out. Ah, so exciting! All right. I got to go because I'm about to park and get over to the meeting. I appreciate you guys. Hope you're doing well. And someday I hope you can be in the Inner Circle with me so we can hang out and talk about these things together. Until, then keep listening to the podcasts but keep dropping bread crumbs and ideas and thoughts and hints and things to help get you further along on your journey. Thanks so much for listening. We'll talk to you soon, bye everybody. 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Inside This Episode... We're talking about an exciting internet marketing opportunity that's been hiding right under our noses, and we didn't even realize it. Experts Mike Schmidt and AJ Rivera join the conversation to share the 'loophole' they accidentally found that nobody knows about yet... and how you can turn this specific 'funnel' into a thriving BUSINESS. Listen Out For: Why people are losing upwards of 96% of their (and how to PLUG that hole in your business) ​The BIG difference between a Website and a FunnelHub ​How you can quickly grow a service-based business or agency building FunnelHubs for other businesses Like This Episode? You can learn more about building a FunnelHub for your own business, or starting an agency that builds FunnelHubs for others through Mike & AJ's training program called FunnelHub Launchpad. Learn more about your ad choices. Visit megaphone.fm/adchoices

One of my biggest "ah-ha's" and "takeaways" from day 1 of our highest level mastermind. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com ---Transcript--- What's up everybody, this is Russell Brunson. Welcome back to the Marketing Seekers podcast. I'm in a good mood today. I'm in a really good mood today. I hope you are as well. We relaunched my Inner Circle. We opened a new level called the Category Kings. We had a chance to meet with him yesterday, and actually I'm driving to downtown Boise, because I'm going to be hanging out with that group again for the next two days and then my Inner Circle for the next two days after that. And so this is like a week of hanging out with my favorite people in the world, and so I'm excited. I've got some long car rides back and forth this week, so you'll probably get some episodes of me talking about what we're talking about, what's happening. And I'm doing this for a couple reasons, number one is I want you to learn from some lessons and the key takeaways that I'm getting from these events. And number two, hopefully it will inspire you to want to set as a goal someday to be in my Inner Circle, and eventually to send up with the Category Kings and things like that. So there you go with that said I'm going to cue the theme song, when we come back I'm going to share with you guys some of the cool aha I had from our meeting yesterday. All right everybody. So yeah I'm driving downtown Boise here, about to go hang out with my Category Kings, which is a small group mastermind I have with some of the Category Kings here inside of the Click Funnels universe, which is fun. When I decided, as some of you guys know I've run my Inner Circle mastermind program for seven or eight years, and then two years ago, about six months before the COVID lockdowns I decided I needed a break. And so I paused Inner Circle. I shut it down, whatever you want to call it, and decided to take a two year hiatus, actually I didn't know how long it was going to be at the time. So decided to take a hiatus and maybe it was going to be forever. But over the last two years, I missed it. For me there're different ways to learn, like you can learn from a book, you can learn from a course, you can learn from a seminar, and for me I've done all those things. I'm a voracious reader. I go through everybody's courses. I love going to seminars, but eventually for me it gets harder and harder to like mine the gold out right? Because you just are more aware of things. And I've been doing this game now for almost 20 years. And so I've been to more seminars than most of you guys probably even knew existed in our industry. So for me it gets harder and harder to find like that gold nugget. And I was in, I remember my very first mastermind group I ever joined was Dan Kennedy and Bill Glazier’s, which some you guys heard we recently acquired their company, which is such a cool thing. But in those groups it was interesting because it wasn't like I was learning, it wasn't like here's course curriculum. It was like the mastermind group, we get together, we all get share and talk, and ideas. And like that's where I started getting these nuggets of things that were just like, oh wow, I can apply that. Oh I can apply that. It was a different type of learning I never experienced before, but I fell in love with it. And I was in Bill's mastermind group for six years. And then when he retired and sold his company I wanted to go see if I could find another mastermind group to join. And I ended up joining all of them. Like all the ones I could find in my world in similar markets, I would join them all. And I never got the same experience. I didn't know why. And that was about the time I decided to launch my Inner Circle. And I think the reason why most of the masterminds I tried to join was like you join them, and there were a whole bunch of internet marketers in the group. And so everyone, I don't know, it was just, it never felt awesome. But what was cool about the Inner Circle I launched it, because we have ClickFunnels we didn't just have internet marketers who are using the platform, we had people in every market you can dream of. We have 100 and something 1000 active members now. And again, there's people that are chiropractors, dentists, doctors, people in curing cancer, wellness, health filled, people in marriage, family, counseling, relationships, dating, every market you can dream of are using ClickFunnels. And so when we opened the Inner Circle, it was crazy, because it wasn't just like, oh a whole bunch of internet marketers joined to talk about internet marketing stuff. It was like the best people in each industry joined it. And it was so cool, because now in this mastermind I was learning like what's working now in the relationship market? What's working over here in the supplement market? What's working here, because we had such a such wide variety of people. And man for me it lit up. And if you've read, specifically the Expert Secrets book, the Expert Secrets book was written in the middle of when the Inner Circle was at its peak. When people like Brandon and Calum Poland and Alex Hormozi and I could list all, the most of the names you guys know in the ClickFunnels community today were in the Inner Circle during that time. And it was fun, because I was writing that book, I would like test ideas and then I would test it on my business, have some success, I'd share it with the entire Inner Circle and within hours it was being tested in 40 different industries. And we got feedback and course correction, and tweaks back and forth and back and forth. And really the Expert Secrets book was born from that testing process inside the Inner Circle. It was so cool. Anyway, I digress. So for me after two years of having it closed down I reopened it, specifically because I missed learning. Like I've been in a weird spot where we've been growing, we've been acquiring companies, we're doing things, but I don't feel like I've been personally growing and you know growth is a big value for me. That's why I have so many books that I study so much, is I'm looking for ways to grow all the time. And so I reopened it with the excitement to start regrowing again with a small group of really cool people. So the Category Kings have 15 people in it. Each of them spend $150,000 a year to be part of it. And then the Inner Circle is $50,000 a year, and there's a 100 people in that one. And so those are the two groups, the Category Kings one was funny, I thought that was going to, I was like there's no way people are going to spend that much money. That one sold out in two days and Inner Circle, man we ended up from Funnel Hacking Live, we only presented it to people at Two Comma Club. We had a special luncheon. And from that I think we had 60 or 70 people join during the luncheon. And so anyway, so there's some context to what it is, why it is, why it's exciting, why I'm so passionate about it. So with the Category Kings, to kick off kind of this new group some of you guys have read the book Play Bigger, which teaches you how to become a category king. And I thought, how cool, and it's funny, because half of our, the Category King group are actually women. So as of yesterday I'm calling it the Category King and Queens, because there's as many Queens in the group as there are Kings. But anyway I digress, I thought it'd be really cool to have one of the authors of that book come and actually present. And so Dave Peterson came and he presented on how to like design your category. And it was interesting, because I've read the book multiple times, I've referred it to, I think he told me I was probably the top refer of his book, because I told everybody about it. And so it was interesting, because as we were preparing for this I had it in my head what he was going to do. He was going to use the principles in the book. We're going to map it out. We're going to category design. Like I thought, I really thought that was the direction we were going to go. It was interesting, because he told me, he's like, you know everything I've learned about category design for the most part happened after I wrote the book, we wrote the book based on these principles and he's like, we've been coaching for the last decade now. And he's actually now doing it in a company again. And he's like you know most of what I’ve learned about category design, I have learned since the book. And so there's a lot of things that are different. And so anyway, we had a four hour workshop with him and what was fascinating to me was we didn't cover most of the things in the book. In fact the first hour was all spent on something that seemed so simple. I'm almost nervous to tell you guys this, because you'd be like, oh that's so simple Russell. But me and 15 other people in this room of arguably Category Kings in their industries, none of us were able to really answer it. And that's what I want to share with you guys today. So the question and it's interesting, because like the way that I, the lens that I view the world at typically for me is like, okay I'm going to go find, who's my dream customer? And then I'm going to create an offer for them. That's like for me, like ground zero, that's where I begin this process. And then if you've read Extra Secrets, you know it's like, hey do we make an improvement offer? Or a new opportunity? Create a new opportunity. There's this whole thing around like down that rabbit hole. And that's where I begin. That's where I kind of start running with. And I always knew that when we're creating offers and creating products, and services and things like that, where like our goal to solve a problem. But what was interesting is that Dave asked us, he's like, what is the problem that you solve? And he showed a bunch of the big companies you're aware of. Like the billion dollar brands and most of them have like a really simple, less than 10 word statement on the problem that they solve for the market. Like for example the wetsuit guy, I don't know who it was, but like his problem he's trying to solve is I want to swim in cold water longer, but that was it. I want to swim in cold water longer, eight words right. And like, what is a wetsuit? Oh it helps people swim in cold water longer. What was the problem you try to solve? Boom this is a solution and billion dollar brand. And every company had something like that. And then he was interesting, he said that he would go to, or he was talking about some of his friends that have big companies. And he said that he started doing this exercise with them, when he'd get in the car with them, and he'd be like, Hey how's it going? How's business? Real quickly, what do you think the problem is you guys as a company solve? His friend would tell him the answer and he'd write it down, and next time they hung out three or four days later he'd be talking, he's like, wait real quick, what was the question? What is the main problem you solve again? And the guy would be like, oh, he'd tell him again, and then he'd do it again, he'd do it five or six times over the next month and a half or so. And eventually the guy came back and said, you know the seventh or eighth time he asked him, he's like, dude you got to quit asking me this. Like you keep asking and I keep telling you the problem we solve. And then Dave came back and said, actually what's interesting is I've been writing them down. He's like every single time I've asked you that question, you've given me a different answer. And the guy was like, oh my gosh. And he started looking at him and he was disagreeing with himself, not knowing it. But if you look at like, he's like I solve this problem, I solve this problem. And I solve this problem. And they kept changing around. And he said a lot of times he'll do consulting with people and they're in category design, and he'll ask everybody in the executive team, what is the problem you solve? And everybody's answers different. And then he'll ask the employees and everyone's answers different. And he's like, this is the foundation. Business is all about solving a core problem for an industry. Like what is the core problem? And what's interesting he said that if you figure out the problem correctly, he said, the category will take care of itself. Like you don't have to go and figure out the category and design, all kind of stuff. He's like it all relies on this one thing, is what is the problem you solve? And it was interesting, because as he said that, instant I'm like oh sweet I can answer this. And then I was like, wait a minute. I could answer this seven years ago when ClickFunnels first came out. That was the problem we were solving seven years ago? It was that entrepreneurs couldn't code. And so we had to make this easy drag and drop builder, oh sorry this is the solution. The problem is that entrepreneurs aren't coders, that's the problem right? And so we built ClickFunnels, because someone like me who's an entrepreneur who needs funnels, I can't code. And so it was like this simple thing. And so that was the problem we solved. Now fast forward seven years later, that's not the market problem anymore. There's a million ways that entrepreneurs can code something. There's a million Wix's and WYSIWYG editors, and WordPress and Shopify, and Etsy and Amazon, like there's a million ways to do it. So, that's no longer the core problem. Although, that's the problem that we solved initially. And so it got me thinking, what is the problem we solve today? Like the problems change in a market and an industry over time. In fact, I asked someone, I was like, does the core problem stay the same forever? And he's like, no, no. He's like there's a core problem, and you got to figure out and identify that, because that'll define the category and everything else. But he's like markets shift, markets change. And he showed this graph of the CRM industry over the last 50 years or 60 years, initially he was it was business cards. And then it was some dude figured out you could take a business card and type it into a data processor. Now you had a digital business card, and then the next wave was like... Sorry, we can come back to the problem. So the first problem is like I needed contacts. So business cards became the thing. That was the problem. And then next thing I have all these business cards, I don't know how to manage them or track them. And so someone made a program where you could type it in. It's like, oh I have a digital version, I can look at it. And if my book of business cards burns up I don't lose my business. So problem solution, and then a little while later it's like, okay this is tough I hate typing in these things. And so the next wave of that industry was card scanners, where you take a business card, you scan it and boom it's in your computer now, you've got it there. And that solved the next set of problems in the industry. And then later it was I don't just want a business card. I want a business card, but to be able to take notes. And if I talk to somebody and things like that, and it was like the first version of CRM, and he showed, was it Seabolt and showed how they became the Category Kings and they dominated. But then eventually it was like well, first Seabolt was really hard to install and all these kind of things. And that's when Mark Benioff came out with Salesforce, which was not software, it was hard and confusing and you had to have people come install it and set up. It was just web based software. And he was the very first to do SAS based software. And so like that became the next thing. And he kept showing them the industry shifting, because the problem shifts over time. And it was interesting, because in your market if you're not shifting your problem over time, someone else is going to solve the problem and that's when you lose the category. That's when the person passes you, which is so fascinating. And so the question came down to, what is the problem you solve? And so that's the thing I want to identify for you guys. And the problem that us entrepreneurs have is like, oh we solve a ton of problems. We do this and this and this, and this and this, and this and this, this and that is the wrong answer. You don't solve a whole bunch of problems. You've got to solve one problem for the category. And by doing that, by creating that, by understanding and identifying and framing that problem from there the category is built. And then we got deeper and talked about POV statements and things like that, it got deeper from there. But that was the core foundation, that again, if I was teaching, I'd be like step one find a problem, step two, what is the offer? And then like you know, and I'd go directly into that, but it's like, no, no, we got to step back to the foundation, which is really what is the problem that you're solving for the industry? When you figure that out the category will take care of itself, which was so fascinating. And again, he said, try to keep your problem statement to under 10 words. And that's hard to do. I spent 45 minutes talking about, 15 minutes work shopping it, and then I spent the next four hours like noodling on it, like try to figure this out, like what in the world, especially as I know some of you guys know we're launching ClickFunnels 2.0 soon, so like with this whole new launch, this new thing, what is the problem we're trying to solve? How do I identify? How do I structure? How do I make it so simple that it keeps us as the Category King? So anyway I hope that's helpful. Obviously there was a lot of stuff yesterday that was really, really cool, but that was the one that was like the biggest insight. It was funny, because we came back from the first workshop, I raised my hand initially, I was like, all right I don't know if it's just me, but that was really, really hard. And I looked around at everybody else, every other Category King and Queen in the room looked back and said, oh, then Kevin's like, we're so grateful it was hard for you Russ, that was really, really hard for us and we thought we were the only ones. I'm like, no, I'm going to be vulnerable here too. That was really hard. And then it was fun, because it opened the dialogue with us all trying to figure it out and work with each other. And Annie Grace, a lot of you guys know her, she spoke at Funnel Hacking Live two years ago, she actually wrote out mine and my POV statement and all these things for me, it was like I think this is what yours is. And like, anyway it was magical. So anyway that was the first half day of Category Kings and Queens. And so I'm heading into the event room now, I'm getting close actually. And I'm excited because I was up till two o'clock last night working on my presentation, because I'm going to, based off of what we learned yesterday with the problem I'm going to take that as the foundation point and then show everybody over the last seven years how ClickFunnels has built to the place it is. We've got over half a billion dollars in sales, well over that now, we built the category, we’ve done these things. So I'm going to kind of show the next phases for me to the group. I'll probably spend two or three hours going deep into that, which I'm so excited for. And this is like Russell raw, like if you guys see me live, I'm Russell polished where I'm, I've got slides, I've got things. Russell raw you get me and a black marker and that's about it. So I'm excited for these guys they're going to, for those who haven't been with Russell raw this will be my first hardcore doodle session with them going through the principles of how we build ClickFunnels into the category king it is. Things I've learned along the way, the pros, the cons, the ups the downs, and yeah stuff I don't get to talk about typically. So, that's the cool thing about these groups, if you look at our coaching programs we have all the base level stuff. And then if you come in one funnel way and courses and all that kind of stuff, but when you decide to ascend up and get into coaching with us, the first is our Two Comma Club X coaching program. The goal of that is to get somebody from where they are today to Two Comma Club. After you get done with Two Comma Club and you've made a million dollars inside of a funnel, that's when you get invited into the Inner Circle and then from there into category Kings. But it's interesting because the reason why we break it up like that, we used to always have it all together and everyone would be dumped in one coaching program. And it was tough because, or one mastermind group, but it was tough, because there're different conversations that happen at different levels. Like the conversations I'm having with people that spend $150,000 to be in a group, they have to make a minimum of five million a year, and have had to sold over 10 million. They had to have won at Two Comma Club X award. The conversations they have in that room are different than the conversation that happen in a room with people who just passed the million dollar mark. And they're different than the conversation I've going to have with somebody who is in a startup mode trying to get into Two Comma Club. So it's just fun, because again these are things I don't get to talk about, or share ever. And so the place it gets to happen is here inside Category King. So for you guys who are looking to say, okay this is the path, I'm going to hit Two Comma Club X. And then from there Inner Circle, then Category Kings, just know we do record these things and there's a private members there. So when you get to Category King some day, come in here and watch Dave Peterson's talk on Category Kings and watch my presentations from the next day. And you'll have a chance to kind of see where I went from there. So with that said, thanks for listening. This is a long episode because I got a long ride. Hopefully you guys enjoyed it. I miss doing stuff like this, I'm going to try to... We have some fun updates to the podcast coming that I'm doing a few things more long form, I'm going to have someone come and interview me on some topics, because I think those make fun episodes and yeah it's going to be anyway... I'm going to be spending more time with you guys here, is my plan and my goal. So with that said, thanks so much for everything and we'll talk to you guys all again soon. Learn more about your ad choices. Visit megaphone.fm/adchoices