Alex Hormozy recently did 100 million book launch.
Speaker ACan we learn something from that?
Speaker AAnd he gives him the agenda from the beginning, a big bold promise.
Speaker AI promise you that I will give you something for free.
Speaker AThis is something he's giving away because they're not the audience and hopefully at some point they will be.
Speaker ASo I'm going to pause it and we can get back to it.
Speaker AThen he talks to the other group and he speaks in other terms.
Speaker AHe speaks to the money makers, the.
Speaker BBusiness owners, the high achievers and the people have come further.
Speaker AYeah.
Speaker AOne thing is that he could have said people who are just starting up, people who come further.
Speaker ABut he used very different words because he's speaking very clearly into different identities.
Speaker AAnd this is very interesting because everyone in the room, if they're just up and coming entrepreneurs, what does everyone want to be?
Speaker AWhy are they in the room?
Speaker ABecause they want to be the money maker.
Speaker AIt's a great identity piece.
Speaker AThat is where they want to go.
Speaker AHe's speaking to them and for them.
Speaker AHe's saying, hey, I'm going to give you an opportunity to share.
Speaker ASo he sells it instead of you buy.
Speaker ABut you can go out and donate and share something that we're doing.
Speaker ASo he's talking into the mission rather than buy my stuff.
Speaker AYeah, he's establishing who's this for Very clearly and very interesting.
Speaker ASo everyone is alert.
Speaker AAnd now he started moves into taking care of the problem before we get to pain and the problem.
Speaker AHe describes that which is going to be the transition to be able to talk about his program.
Speaker AHe, of course he does a lot of proof, proof, proof, proof, proof.
Speaker AWhy he deserves the right to speak on that stage.
Speaker ABut he's going into the thing and what he's selling.
Speaker AHere is the book.
Speaker AIf you're going to sell something making money, what is the problem you're going to present first?
Speaker ANot making money.
Speaker ASo he starts like he spends about 10 minutes explaining how businesses fail because of one thing, one thing only, that they're lacking cash, which is the opposite of what he's selling today.
Speaker ASo are you speaking enough to the pain point?
Speaker AAre you too fast moving straight to here's the thing I have.
Speaker BYeah, here's a solution that you could apply and let's see if it solves any pains you have.
Speaker BWe'll see.
Speaker BLet's experiment.
Speaker BThe problem is people aren't going to apply it if they don't have a reason to.
Speaker ANo.
Speaker ASo he's future pacing the problem if you do not apply what I'm going to talk about just in a second.
Speaker AHe starts to really future pace that because there's a lot of people in the room who's not even at that stage, who doesn't feel it yet.
Speaker ABut he's even presenting to them what will come in the future.
Speaker AAfter he finished talking into the pain points and we understand we need to solve this, he's doing a segue to start presenting his program, which means it's the books he literally shows and sells at the same time.
Speaker AHe used the product as the proof.
Speaker AAnd that's very interesting because he goes through the three different books.
Speaker AThe first book he shows like we had the first question.
Speaker ASo we all hear.
Speaker AAnd one important thing he does here and he does all of the time, he tells something and then he turns it back to the audience.
Speaker AThere's this picture, like pointing back at the audience and make it relevant to you.
Speaker AWhere would you be?
Speaker AWhat would that look like for you?
Speaker AHow does that apply to you?
Speaker ASo he makes it really all the time.
Speaker AHe teach, teach, teach.
Speaker AHe reverted back and he brings them along.
Speaker ANow when he's going through the.
Speaker AHe's three programs, please.
Speaker BAlways picking up the audience.
Speaker AAlways going through.
Speaker BGoing through stuff, Going through stuff, going through stuff.
Speaker BAlmost to the point of kind of fire.
Speaker BHosing them with information and then stopping.
Speaker BPicking them up, getting them back on track.
Speaker AYes.
Speaker BSo even if you feel like, oh, I've sewn up for a while, it was no person who wanted to follow along had a problem following along because everything was set again and again and again in different ways so that it landed in the right way.
Speaker AYeah.
Speaker AAnd now he presents his.
Speaker AWhat's the first question?
Speaker AOh, I fixed that in the first book.
Speaker AIt sold this much.
Speaker AThe second book that fixed this question.
Speaker ANow the third book is fixing the problem that we just have.
Speaker AHow to always have money.
Speaker AOh, the hundred million money models.
Speaker AThis is how we're gonna do it.
Speaker AAnd he's doing now a question control.
Speaker AThat's this technique he uses to have everyone to say, you need to have these things that he's teaching in the book.
Speaker AThere's four steps in his book, and he goes through very quickly the four step you need.
Speaker AAnd you get to understand that if you know these four steps, you will make money.
Speaker AAnd when he turns it back to you, he's also giving you what will happen.
Speaker AA future pace.
Speaker AOnce you understand these four steps, he's doing a future pace where he's handling the objection.
Speaker ASo at this point, he's doing it again and again.
Speaker AOnce you watch it, you see, it's just a repeat.
Speaker BWhat is handling their objection?
Speaker BWhat does that mean?
Speaker ASo the thing he's doing here is without even changing anything in your offer, that is handling the objection of the audience saying, there's a lot of me to learn and I just built my thing and I don't have time to change it.
Speaker AI can't afford to change it.
Speaker AI spent a lot of time doing this already.
Speaker ASo he's handling everyone who's sitting and thinking, oh, but then I need to change a lot.
Speaker ASo if you just apply these things, even without needing to change anything, you will make more money.
Speaker ASo he makes it a clear statement you will be making more money.
Speaker BWhich is a critical part of selling from stage, is making sure to handle objections from the stage.
Speaker BWhat, what it really means is take away their logic, reasoning.
Speaker AYeah.
Speaker BFor why they're not a fit to buy the end product.
Speaker AYeah.
Speaker AThey.
Speaker BThe thing is, in order for us to be able to present in a way so that the perfect candidate to buy gets the opportunity to buy, we need to help them to get there.
Speaker AYeah.
Speaker BAnd that is crucial and very, very important.
Speaker BAnd we do that by handling objections because we understand where their mind is at.
Speaker ADuring our presentation, there's two last questions.
Speaker AWould it be valuable for you to know this system?
Speaker AYes, it is.
Speaker AWould it help in your business if you had the skill to do this?
Speaker AYes.
Speaker AThese four steps is turning everyone who would say, I don't need that into okay, this is what I.
Speaker BYes, I need it.
Speaker AI need it.
Speaker AAnd after this, he starts breaking it down.
Speaker AAnd this is 26 minutes in.
Speaker AHe's starting to pitch now.
Speaker AAnd.
Speaker ABut he pitches through value.
Speaker ANot by teaching a lot, but literally sharing feels like teaching.
Speaker BYeah.
Speaker BThat teaches people to think for themselves.
Speaker AYeah.
Speaker BTo see different perspectives of what they already see, to do a bigger impact with what they have.
Speaker AYeah.
Speaker ABecause at this stage now he's going into the presentation of the book and the book has four different parts.
Speaker AHe goes through every single part and he does it the same way.
Speaker AIt's the same system he uses.
Speaker AAnd this is the system you want to learn and understand.
Speaker ABecause let's say he's doing the first thing.
Speaker AI think this is about attracting clients or leads.
Speaker AAttracting.
Speaker AWhen we are talking about attraction, there's five things you need to know.
Speaker AHe goes through the first thing, a well known problem the audience have if they do not know how to attract people.
Speaker AOnce he stated the problem, he goes into why you need to solve it with this system.
Speaker AWhy that is, because a lot of the people you have in the audience will not listen further if they don't understand why this is going to be different.
Speaker AWhat he's doing right now is people know that there's other people teaching other stuff, but this is what you need.
Speaker ASo he's really telling in the why you need this thing.
Speaker AAnd then he teaches the what.
Speaker AAnd the what is literally just a page of what is included.
Speaker AAnd I can tell you in this first section that has five spots, it takes less than two minutes.
Speaker AIt's literally five pages telling what these five things is.
Speaker AAnd it feels like it's so valuable.
Speaker AThis feels like this is literally training.
Speaker ABut it's two minutes stating the problem.
Speaker AA little bit of proof what, why, why you need this and then the what.
Speaker AHe's not doing the rest.
Speaker AHe's not giving the how and he's not having people to actually do it.
Speaker AHe's just telling what is.
Speaker AAnd then he's moving to the next one.
Speaker ASo he shows the value of that and then he goes to the next exactly the same thing.
Speaker AHe always end up future pacing.
Speaker AWhat will happen in the future when you have this system?
Speaker ANow comes the thing that is a little bit different, what Alex does compared to what most of our audience would probably do and even to what we're doing.
Speaker ABecause at this stage he presented the value of the book and the value of book is 69,000 something.
Speaker AThis is very interesting.
Speaker AI think a lot of people forget about this when they're selling.
Speaker AIf this is the price point, 69,000.
Speaker AHe is turning it again into the audience.
Speaker AIf you could just have one of these ones would work for you.
Speaker BWhat if this one thing was the.
Speaker AOnly thing that worked?
Speaker BThat it did for you?
Speaker AYeah.
Speaker AAnd what if this one thing was the only thing that did?
Speaker AOr what if you only doubled the amount of leads?
Speaker AWhat if you only doubled the amount of sales?
Speaker AWhat if you only doubled the amount of customer lifetime value, what would that mean?
Speaker AAnd he makes people go into.
Speaker ASo put in a number to it.
Speaker AWhat would it actually mean?
Speaker ASo he have them put in their own number.
Speaker AWhat would I actually make?
Speaker ABecause he have a high value.
Speaker AHe presented to them.
Speaker AI think at this point he started doing this thing.
Speaker AOh, no.
Speaker ABut you're not getting for that.
Speaker AYou're getting it for 49.
Speaker ANo, no, not 49.
Speaker A29.
Speaker AAnd now he's five.
Speaker BAnd then.
Speaker AYeah, yeah.
Speaker ASo he's doing that thing at this point.
Speaker AHe's really getting people to.
Speaker ASo what is your value if this would work?
Speaker AIf you just got one thing Would it be worth it?
Speaker AYou.
Speaker AAnd he puts down the price to 9900.
Speaker AHe gets everyone to see it.
Speaker AIt's way more worth than it is.
Speaker AEveryone will recognize their own thing.
Speaker AAnd now he does a cost of inaction thing because he's reverse engineering it and looking at, so what happens if you do not have these things?
Speaker AWhat is the cost of not taking action?
Speaker BWhich is a price to pay.
Speaker AIt is a price to pay, but it's also very important thing to show what's the cost of inaction.
Speaker AAnd I think he uses the term of going back to the old hero story, old Alex, when he was young and he only had thousand dollars in his account.
Speaker AHe could have taken those thousand dollars, he could have invested them in S&P 500.
Speaker AAnd today this is how much he would have today.
Speaker AInstead he invested it in himself.
Speaker ASME as a ME500.
Speaker AThat was a little bit funny.
Speaker AAnd then he that.
Speaker AWhich means that now we see that, okay, this is the best investment I can do.
Speaker AAnd I think most people in the room would say that, well, I, I'm willing to pay 10,000 or 9,000 something, but I might not have the money.
Speaker AAnd this is where he say, but you're not going to get it for that.
Speaker AYou get it.
Speaker AAnd he's building up the tension.
Speaker AYou're going to get it not for this price, but you're going to have it for interest free.
Speaker ASo it's absolutely for free.
Speaker AI'm going to give it away for YouTube for free.
Speaker ABut what if you did not just have this and then he shows the other book, he does the same presentation again about like building up what would it be worth.
Speaker AAnother thing, he's selling the school.
Speaker AIt's a school platform.
Speaker AYou come into school and Instead of getting 14 days for free, you can get not 49 days for free, but not 69 days.
Speaker AYou get 90 days for free.
Speaker AAnd then after that, Instead of paying 99amonth, you pay $9 a month.
Speaker AAnd he's adding this now, this is what he's pitching and selling.
Speaker AAnd all of this you get for free right now.
Speaker AWhich means everyone in the room are just clapping.
Speaker AIt's like, oh, man, you just gave this.
Speaker AAnd now it's really important that we understand why he does this.
Speaker AOf course, most people who are listening to this can't give away your coaching just for free.
Speaker BNo.
Speaker ABut this is not his audience.
Speaker AHe's building his audience.
Speaker AHe's building his future clients.
Speaker ACan I ask you a question?
Speaker BYes.
Speaker AWhat's the biggest benefit of Just giving this away for free for him.
Speaker BThe biggest outcome of him doing it this way is having people talk about it.
Speaker AYeah.
Speaker BBecause he is multiplying the word by mouth effect by a thousandfold.
Speaker BHere's the thing.
Speaker BThe only thing that proves is that he is practicing one of the things that his book is explaining.
Speaker BLive for you.
Speaker AYeah.
Speaker BSo he talked about the growth of school and he now have 15 million people and it grew rapidly because of X, Y and Z. Yeah.
Speaker BWhat did he do to get to that point?
Speaker BExact same thing as he did on stage.
Speaker AYeah.
Speaker BAnd you don't need 113,000 people in the audience.
Speaker BYou only need the people that need your stuff right now.
Speaker AAnd then he makes it clear, so are you good?
Speaker AAnd he goes back to the page he had in the beginning where he was talking about his two audiences in the room.
Speaker ANow, I gave you this.
Speaker AFor everyone who's new, I gave you this.
Speaker AThe up and coming entrepreneurs.
Speaker AAm I going to speak to the other ones?
Speaker AYou who are money maker, a decision maker, a business owner and whatever he calls them, this other identity.
Speaker BIdentities.
Speaker BIt's so important to understand that he speaks to identities.
Speaker BThe most of the people in the audience who are starting up, who are up and coming, they are aspiring.
Speaker BWhich means that they are seeing themselves like I am that identity.
Speaker BI just don't have the results yet.
Speaker AYes.
Speaker BWhich means that it involves them into the conversation that he has now.
Speaker AWhich means they want to be that.
Speaker AIt's also significance thing, that identity.
Speaker BBut also while having addressed that this isn't for beginners.
Speaker AYeah.
Speaker BWhich means that he is logically raising the level of the conversation.
Speaker BSo it's another level of logic to the new conversation that is going to be held.
Speaker AYeah.
Speaker BAnd it's going to be a higher level.
Speaker BWhich means.
Speaker BAnd they're already on board because they're already an action taker.
Speaker BThey already see themselves as someone who does this or does that.
Speaker AYeah.
Speaker BSo they are involving themselves.
Speaker BWhich means that he has primed his audience for what's coming.
Speaker ABut he changes the stage and he does it.
Speaker ASo these green men that has been in all of his marketing, they come in, they take out the table with the book, out of the room and comes in with a huge bigger table.
Speaker AAnd now he starts speaking to those money makers instead.
Speaker AInstead of selling the book, he's asking them to donate books because what does he do?
Speaker AHe speaks to an identity of people who already make money that they can get to help other people.
Speaker BYeah.
Speaker AAnd it's not like he's adding a whole Much more into it right now.
Speaker AThe offer he's giving them is to donate 200 books.
Speaker AWhen they donate 200 books, that's what they pay for and it's about $6,000 to donate.
Speaker AAnd then they get a physical.
Speaker ASo he's now showing.
Speaker AAnd literally he's taking the same course as he's.
Speaker AHe was giving away for free before, but now he adds the.
Speaker AThe trainings and all of that into playbooks and that's what you get.
Speaker AAnd a physical.
Speaker AAnd why does he do it physically?
Speaker AWhy does he sell a physical book?
Speaker BHe is doing that for the core principle of standing out.
Speaker BEveryone is giving away PDFs, and he even mentions it and says that, like, you're not going to get it in a PDF format so that you could just get it in a fancy library and forget about it in your computer, but you're going to get it home physically so that you can touch it, you can put it on your bookshelf, you can have it accessible.
Speaker BAnd when it's physical, the.
Speaker BAnd then he makes up why it's so important to have it physically point doesn't really matter.
Speaker BBut what he does is that he is putting himself in a place that differs him from all the rest of the people, which is great because it gets a physical place.
Speaker BAnd with that physical place also comes free branding.
Speaker ADoes that mean you should send out physical books?
Speaker ANo, it does not mean that.
Speaker AIt means that he's just trying to stand out.
Speaker AYeah.
Speaker ASo you need to sell what you have and you need to make that as your way is the only way.
Speaker BYeah, you can think of it this way.
Speaker BI mean, there are many roads to get to the outcome.
Speaker BSo whatever outcome we desire, if it's becoming the new basis or if it's becoming the three Athlon champion or world champion, whatever, there are many ways, no matter what end goal you have in mind, there are many ways to get to that point.
Speaker AYeah.
Speaker BBut there are some key principles and steps that needs to be taken in order to get there.
Speaker AI think this is a wrap.
Speaker BI think we're going to wrap it up.
Speaker BI think it's a quite heavy episode.
Speaker BIf you feel that you need to watch it twice, then please watch it twice.
Speaker BIf you you haven't downloaded the walkthrough, you find it below the YouTube video.
Speaker AAnd if you have any question, why did he do this?
Speaker AOr I noticed this, or how did he do this thing?
Speaker AAsk us down below, like, comment on this.
Speaker BI promise, I promise we will.
Speaker BWe will answer.
Speaker BYeah, we ourselves will answer.
Speaker BAnd that's a big commitment if this video blows up.
Speaker ASo.
Speaker ASo let's make sure you can go out and sell more on your events.
Speaker BAnd really hope that this been valuable for you and that you can use it in your own coaching journey to build your own coaching business.
Speaker BIf you like this episode, please press that like button.
Speaker BDon't forget to subscribe and we'll see you next day.
Speaker BTake care guys.