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THE MONEY-MAKING BLUEPRINT: HOW TO GROW A BUSINESS FROM 6 FIGURES TO 7 FIGURES
Tai Lopez (2016.04.06)
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https://www.youtube.com/watch?v=HoK9Yz5O-cI
https://www.youtube.com/watch?v=JnpSisI9Bdc
1:minimise the Intemidation Factor -> divide ho wmuch you want per day
2: Know your number
Avarage order = ???
Initial order = 130
LTV (live time value) = 210
Virality coeffiecient = 0,6
You need to increase LTV and VC
use LTV toincrease your profit
JEFF BEZON -> long time value master + virality coeficient
Uber - coeficient virality high
Paypal - Coeficient virality high @ at least 1 - (force teh people to open an account)
3:Level of Virality
How can you make people talk about you - example (make parody)
people has to talk about you
How did you hera about me?ask the last x person (ps how at helldid you hera about me)
they will can from places you are not specting
if you want to adverstise something bad - do it on the benefits that u will have once you have done it.
Increase virality
Be alittle auregious/not boring (ex: tako bell chiwuawa)
Imagge - Pictures - Videos
People want to share (funny/laught,inspiring/motivaye (cry), contraversian/scandal, motivate)
PVP formula!
EX:CV
130->60 (the discount has to be overwelming - from 130 to 60 if they do a referal)
altogether 130+60=190
4:Master Inversion
How do i get X? - dont ask this question
How do i NOT get X ---> More important!!! make a video that doesnt have flods (good audio)
subject that no one is interested
no cog biases
boring
tag videos
good tittle
the theme matter
make them look back
BOOK -
NOTES -
Dont overthink the things
video - dicent light + really good quality audio
more money will give you more options
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7 Keys To Finding Your Destiny
Tai Lopez (2016.04.06)
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https://www.youtube.com/watch?v=mw8M1rXKmYM
1:Positional Framework
Sure UNCERTAIN CERTAIN
Ocupation Other self
what you want - Ceratin + Self enployee
your motivations
2:PROGRESS PYRAMID (pyramid or making money)
1:wealth impact
2:prosperity - 1M to 120e
3:Health - 120e -to 80e
4:Scarcity - 80.00E or less
5:Donal Trump Debt - personal debt
You have to be focus to get Certainty
If you stay to long in 4/5 you belive that is normal
3:Isolate, Inspcet n Adapt
I - Core strenght -> 5 circle (compliments from enemies,...) in what you are good at
i -
If you love by everyone, you are doing something wrong
4:Language of MOney
5: MOTIVATIONAL CUBE
Motivation OUTSIDE
Health
Wealth
Love
Hapines
Motivation INSIDE
Materia - money
Maiting - romance
Mastery - status
Momentun - freedom
6:GENERATE SOMETHING FROM NOTHING
7:DECISION MAKING GENIUS
Invest 30% in education
NOTES -
Its to easy to make money in nowaday live
genius decisions: bold, diferent, logica- > get value for value
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10 AUDIO ONLY- THE ADVANCED BUSINESS PLAN (BLUE BELT LEGACY)
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BUSS PLAN
Idea
Plan
Execution
1:Plan - one little setenece
2:Paragraph - the elevetor speech (use very very easy words ) (20:10)
specifyc keyword
2-3 sylabel words
itch youself and investors
3:1 Page plan
competition (closet person to youm, why the are doing well and how yoou can compite with them)
4:extension buss plan
Find everything about all your competitors big/small
copy from someone x10 x100 stronger than you
Study from tops
Chess Like thinking - go somewher fo a couple od days alone to think once amonth
all the little steps that you will take to open a buss
PLans - buss meditation
1:10-15min a day
2:1-2h day a week a bit longer
3:weekend (100$ a night) 1 day
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IDEA -
sw to administardore e fincas that automatise everything
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17 AUDIO ONLY- HOW TO TRIPLE YOUR CONVERSIONS (BLUE BELT LEGACY)
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1:incriese promises - REWARD (ch2 freud civilisation of discosation)
focus on a pentah
big promise - the bigger the promise the easyer they will give you an oportunity even if you are new.
specific
2:AUTHORITY
increase celebrity/reputation - LIKEBILITY/ASOCIATION (pitch anything)
note:authority: power (ex:president) or celebrity
Hire a PR and dont be cheap -> go straight to the top, make month by month contract
Even you fail teh first time, keep investing (en goal fix, flexible how to arrived)
Be a gambler and accept the looses
Make a party/ take another celebrity to dinner
3:thomas edison formula -
you have to test a lot
REASON RESPECTING BIAS - be staright to client (ex:increase the price)
bee creative, bring the brain storm to other poepl of the office (allow them to do split test)
test:
price (Smart Pricing) - very low and very high (for every 10% you optimise you incresae 16% yor ner profit)
abc test (not similar test)
theme (ask diferent people)
complitely radical ideas for the website
diferent angles in the text title -
BOOK -
Smart Pricing: How Google, Priceline, and Leading Businesses Use Pricing Innovation for Profitability Hardcover – April 5, 2010
by Jagmohan Raju (Author), Z. John Zhang (Author)
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