Full Transcript

·YouTLDR

If I Wanted To Scale A Service Business In 2026, Here's What I'd Do

57:01EnglishTranscribed Jul 23, 2026
0:00

This is Kyle and Ariel, a couple who

0:02

runs a business that helps other couples

0:04

who run businesses. They currently do

0:06

about $480,000 per year, but they're

0:08

stressed because it costs too much money

0:09

to acquire to customers and they're

0:11

maxed out on time. I'm Alexi. I own

0:13

acquisition.com. It's a portfolio of

0:14

companies that generate $250 million in

0:16

[music] aggre revenue per year. And I

0:18

just happen to know a little bit about

0:19

the coupreneur scenario since I started

0:22

acquisition.com and gym launch with my

0:23

wife Leila. So, I figured they got to

0:25

fix their offer to make it more valuable

0:27

to their customers and make it more

0:29

scalable. so that they're not responding

0:30

to individual text messages 24 hours a

0:32

day.

0:32

>> Dum dum dum dum.

0:35

>> Hi sharks. [laughter]

0:39

[gasps]

0:40

>> What's up?

0:41

>> Hi, my name is Kyle.

0:42

>> I'm Ariel.

0:43

>> And we are the founders of Couple

0:44

Prreneurs. Over the last 12 months,

0:46

we've generated about 480K in revenue,

0:50

206K in profit, which takes us to about

0:52

43% profit margins.

0:54

>> Okay. So, who do you help?

0:56

>> We help entrepreneur couples. So these

0:58

are couples who either run businesses

1:00

together or couples where each partner

1:02

owns their own individual business.

1:04

Typically the businesses we work with do

1:06

about 150k annually minimum and their

1:08

primary desires are to make more money

1:11

in business to work better together as a

1:13

couple and to free up more time for each

1:14

other and their family.

1:16

>> Do you know who's the one who tends to

1:17

be attracted to the message? Is it the

1:19

female or the male?

1:19

>> Usually the woman. Yes,

1:20

>> for sure.

1:21

>> Interesting.

1:21

>> Oh yeah.

1:22

>> I figured.

1:23

>> So how do you help them? So, we help the

1:25

couple grow businesses as a couple as

1:27

efficiently as possible. So, we do this

1:29

with two offers. The first is what we

1:30

call the Rise Together mentorship. It's

1:32

a 12-month program that consists of

1:33

weekly group coaching calls. And this

1:35

program is really focused on helping the

1:37

couple work better together and just

1:39

improve their working dynamic. Our

1:41

second offer is called the Coupleneur

1:43

Accelerator. This is also a 12-month

1:44

program, but it's much higher touch. And

1:46

the main focus of that program is

1:48

developing a business growth plan for

1:49

the couple that's based on their

1:51

business model, their strengths

1:52

together, as well as their schedule. and

1:54

then helping them and coaching them

1:55

through the implementation process. We

1:57

do also have annual live inerson events.

1:59

Our next one's actually coming up on

2:01

April 10th and 11th of this year.

2:02

>> What's that included with?

2:03

>> So, we invite all of our clients to

2:05

that, but we also sell tickets to it as

2:07

well.

2:08

>> Interesting. [laughter]

2:09

>> And you use that as one of the bonuses

2:10

for both levels.

2:11

>> 100%. Yeah. It's a fast incentive. Yep.

2:13

>> Interesting. Okay.

2:14

>> For offer number two, the couplereneur

2:16

accelerator, we customize an action plan

2:19

based on the couple's schedule, the

2:21

business model that they want to

2:22

approach as a couple. So, we're heavily

2:24

customizing an action plan on the front

2:26

end for offer two.

2:27

>> How long does that take? It's

2:28

>> about a total of 4 to 6 hours to go

2:30

through everything and then do a call

2:31

with them.

2:32

>> Yeah. And then the other time constraint

2:33

in offer number two is the fact that

2:35

they have access to us in Slack like

2:37

periodically throughout the week.

2:38

>> Yeah.

2:39

>> Periodically. What does that mean?

2:40

>> Uh that means at any point they can ask

2:42

questions. [laughter]

2:43

>> Make sure that we were clear on that.

2:45

>> We respond. We tell them we'll respond

2:47

within 24 to 48 hours, but they do have

2:49

daily access to us. So,

2:50

>> you're slacking all day.

2:51

>> Yeah,

2:51

>> pretty much. Yeah.

2:52

>> Ding ding ding. We have problem number

2:53

one, which is that they have given

2:55

unlimited, unfettered, unrestrained

2:58

access to them personally, which makes

3:01

it very hard to actually run a business.

3:03

So maybe we might be able to sell people

3:05

something they still find just as

3:07

valuable that they're not going to use

3:08

all day all the time. How do you make

3:10

money?

3:10

>> The Rise Together mentorship is $5,000

3:13

if paid in full or 12 installments of

3:16

$500 a month. For that, the couples get

3:18

weekly group coaching calls with Ariel

3:20

and myself and the rest of the

3:21

community.

3:21

>> What's the split? Oh, it's about 50/50.

3:23

We also record those calls as well. So,

3:25

we'll take the call recordings, we'll

3:26

upload them into a training portal where

3:28

the couples can watch a replay and they

3:30

can get access to other templates and

3:31

cheat sheets as well. We have a private

3:33

Facebook group for accountability based

3:35

on the steps that we give the couples

3:37

per week. And we also do these fun

3:38

things called quarterly date night

3:39

challenges. This is where we incentivize

3:41

the couple to go on at least one date

3:43

night per week.

3:44

>> Do people like that?

3:45

>> Oh, they love it. It's like their

3:45

favorite part of the

3:46

>> date night challenge is probably like

3:48

the number one thing that keeps people

3:49

buying from us.

3:50

>> Yeah, we're going to we're going to talk

3:51

about that. So with this cheaper one,

3:53

basically it's just a weekly call.

3:55

>> Yeah.

3:56

>> Yes.

3:56

>> That's what they get.

3:57

>> Yeah.

3:57

>> The Facebook group's mostly community

3:58

and then our customer service person

4:00

holds them accountable.

4:01

>> Okay. Let's start with the the second

4:02

one.

4:02

>> We do the quarterly date night

4:03

challenges in both programs, but we also

4:05

do a lot more in the coupler

4:06

accelerator. So that's 25K paid in full,

4:09

$2,500 a month if they choose the

4:12

payment plan over 12 months. And that

4:13

includes quarterly two on two private

4:15

strategy calls where we map out their

4:17

action plan. Um, it also includes weekly

4:19

small group coaching calls which are

4:21

mostly just Q&A based. And we also hold

4:23

them accountable to their weekly

4:24

priorities inside of Slack. This is also

4:27

where they could ask us questions.

4:28

>> If you eliminated Slack, how much time

4:29

would you get back?

4:30

>> Probably what, 40% of our time.

4:31

>> Jesus. It's also the cost of disruption.

4:33

>> I will say though, Slack is usually

4:35

people's favorite thing cuz it's like

4:38

>> having us in their back pocket.

4:40

>> I like where you're going with this

4:41

though.

4:41

>> We're going to take some axes out. It'll

4:43

be good. music to my ears.

4:45

>> They made the mistake of running out of

4:47

time on their hight touch thing and then

4:49

making a low touch thing. And the cost

4:51

of car customers for the low touch thing

4:52

was the same as the high touch thing

4:54

which made all their economics of the

4:55

business stop working. And so the real

4:57

constraint they had originally in the

4:59

business was that they were supply

5:00

constrained. And so rather than solve

5:02

the supply constraint, they basically

5:04

just built a whole another product. What

5:06

they probably should have done is just

5:07

say, I wonder if we could sell the same

5:09

thing without all of the demand on the

5:10

backside for our time. If we did that,

5:12

we could sell three times as many

5:13

people. So cool, do that. If you were to

5:15

talk to my team, you would know that the

5:17

number one question I ask when they just

5:18

vomit a whole bunch of information on me

5:20

is I just say like, what problem are we

5:21

solving? When they decided to start this

5:23

other product, they might not have been

5:25

clear about the problem they were

5:26

solving or ask the second question,

5:28

which is, can we just solve this problem

5:29

in another way that doesn't include us

5:31

starting an entirely new business, an

5:32

entirely new acquisition strategy, and

5:34

making another product? And the answer

5:35

is yes.

5:35

>> So, how do you get customers?

5:37

>> So, we use a challenge funnel, which

5:38

means we use Facebook ads. We run to a

5:40

5-day free virtual challenge that we

5:41

host inside of a Facebook group and then

5:43

we on that challenge we do teaching,

5:44

training, Q&A and then we lead to a

5:46

sales group.

5:46

>> How long's each of the sessions?

5:48

>> How long?

5:48

>> One hour.

5:50

>> And what's the drop off between day one

5:52

and day two?

5:52

>> On average we go from about 9% down to

5:55

four to 5% on.

5:56

>> So you lose half between day one and day

5:58

two. Okay.

5:59

>> And you're getting only 9% of people to

6:01

show up to day one.

6:02

>> Yes.

6:03

>> Okay.

6:03

>> So we'll do about six of those

6:04

challenges per year. And our average ad

6:06

spend per challenge is about 19,440.

6:09

We do also get some occasional sales

6:11

from some other places, one of which is

6:12

guesting on other people's podcasts. We

6:14

also have a setter on our team who will

6:16

reach out to people via social media

6:17

messenger and book calls for us. And

6:19

then we host our annual Inerson events,

6:21

which some sales can come from.

6:22

>> What percentage come from top versus

6:24

bottom?

6:25

>> I'd say 90 to 95%.

6:27

>> We really would love to get Alex's

6:29

feedback on this challenge funnel

6:30

because we spend a lot of money on these

6:32

challenges. Sometimes they make money

6:34

but other times we'll lose money and

6:35

have to spend months recouping the

6:37

costs.

6:37

>> Okay, so what are the problems?

6:39

>> So we have three primary problems. Our

6:41

first is our cash flow cycle which means

6:43

it can sometimes take months for us to

6:45

make back the money that we spend on new

6:47

customer acquisition.

6:48

>> Our second big problem is just improving

6:51

overall conversion. We've recently

6:53

noticed some drop off in attendees for

6:55

our 5-day challenges which are our main

6:57

way of generating new leads and new

6:58

sales. Our last big problem is just our

7:00

own time constraint. We are almost at

7:02

max capacity for delivering on our

7:04

services just due to the amount of

7:06

customization that's involved. Fixing

7:07

these problems matters a lot to us

7:09

because we went through what we call the

7:10

anti-honeymoon stage when we first got

7:12

married, which is where we were trying

7:13

to figure out how to be business owners

7:14

but also still a married couple at the

7:16

same time. So being able to reach other

7:17

couples and help them sidestep some of

7:19

the issues that we went through is

7:20

really important to us.

7:21

>> Okay. So what's sales I say? So how many

7:23

sell a month?

7:23

>> So we do these challenges every two

7:25

months. And this is what a typical

7:26

challenge will look like. will generate

7:28

about 511 leads and or registrants for

7:31

the challenge. And the average challenge

7:33

attendees are 26. So 26 out of the 511

7:37

will actually show up to the live

7:38

sessions each day. Out of that we will

7:40

typically book 12 sales calls. We'll

7:42

hold 10 and we'll close six sales. And

7:44

currently right now between both of our

7:46

programs, we're working with 42 couples

7:48

and we've only had four clients turn

7:50

over the last 12 months. And that's

7:51

really just due to payment issues.

7:53

>> So right now the company is Y'all

7:55

>> Yep.

7:55

>> Yes.

7:56

>> Zuck.

7:56

>> Yeah. You have a CS person on the back

7:58

and you have a setter on the front.

7:59

>> Exactly. Yep.

8:00

>> What other stuff you got? Anything else?

8:01

>> Because we just used Facebook ads to

8:03

generate leads and sales in 2024, here

8:05

are the total numbers for the Facebook

8:07

ads. There's obviously a lot of numbers

8:09

here, but some of the numbers that

8:10

really stand out to us is the extremely

8:12

high cost per average attendee at $815

8:15

and our average attendee show up rate of

8:17

5.25%. That being said, on the plus

8:18

side, if people show up, they have a 49%

8:21

chance of booking a sales call with us.

8:23

That's why the average attendee to sales

8:24

call book ratio is 49%.

8:26

>> I just I feel like we're going to be

8:27

able to fix this and I think it's going

8:28

to be really elegant and it'll probably

8:31

grow the company a lot and make you a

8:33

lot more money. There's a version of the

8:34

business that I like that I think would

8:36

make this [music] great. The fact that

8:37

you like the date night and everybody

8:38

likes the date night. Instead of doing a

8:40

5day challenge, just do it a 4-hour date

8:41

night and crush the full five four hours

8:43

in one pitch. You get twice as many

8:45

people there. In fact, even more will

8:47

show cuz it's a date night and you can

8:48

still provide all the value you normally

8:50

do and then just close.

8:51

>> [music]

8:51

>> So frame it like couples are coming

8:53

together for date night. We actually

8:54

probably break a record around that too.

8:56

Like in the ads say we're going to do

8:57

the world's biggest date night. Okay,

8:59

cool. I like it.

9:00

>> But the thing is that like I we actually

9:01

have to solve this back to front. So I

9:03

do think that's a better way to convert

9:04

and I'll get into the tactics around

9:05

that. But like it's kind of a blah

9:06

offer. Now the way that you guys deliver

9:08

and all that stuff, fine. People like

9:10

it. But I'm just looking at like what am

9:11

I getting here? I'm not like super

9:12

stoked about it. I'd rather solve for

9:14

like we have this other thing that makes

9:16

us a ton of money. How can we [music]

9:18

pair that down so that we can still sell

9:20

that at that price point but have five

9:22

or 10 times the capacity? We're going to

9:24

go deep dive on the offer. So the

9:26

backend high ticket offer. So right now

9:29

we have Slack the calls,

9:32

>> right? Two on two.

9:33

>> Yeah. Quarterly two and two.

9:35

>> Quarterly. Okay. And how long is that?

9:37

>> The first one is 90 minutes. Every other

9:38

one is 1 hour.

9:39

>> Okay. Got it. What else is there?

9:41

>> Weekly group calls.

9:42

>> Weekly group. Okay. That's not that bad.

9:44

All right. What else is there?

9:45

>> I would say whatever. Yeah.

9:47

>> Some modules etc.

9:48

>> Yeah. Online modules and then in

9:50

addition to the two on two quarterly

9:51

calls, the first one we do a deep dive

9:54

looking at their

9:54

>> four to six hour thing.

9:56

>> Yes.

9:56

>> So we'll go deep dive. It feels like a

9:58

separate deliverable to me.

9:59

>> Yeah. So the first quarterly call is

10:01

longer and it takes more prep time.

10:03

>> So I'll just say this times three and

10:04

then that one times one. Okay. [music]

10:06

This is current.

10:07

>> Yep.

10:08

>> There's also this other piece cuz you

10:09

have this bonus of in person, right?

10:10

Yes.

10:11

>> Yeah. So what I'm doing here is before I

10:13

dive into recreating an offer, I'm

10:15

actually going through the process live

10:17

with them, which is I want to understand

10:19

all the resources and assets that we

10:21

have at our disposal. In the offer book,

10:24

I cover this in creating your grand slam

10:25

offer part two, the trim and stack. The

10:27

first part is listing out all the stuff

10:29

out. And then the second part is, okay,

10:31

now we have all these list of things.

10:33

How are we going to cut it and combine

10:35

it and package it so that it's the

10:37

leanest and the most valuable? because

10:39

fundamentally we don't want to just like

10:40

offer a ton of stuff. We want to offer

10:42

the few things that people really want

10:44

and then just remove everything else. So

10:46

this is the $100 million scaling road

10:48

map and they are at stage three

10:50

stabiliz. So they have a very small team

10:52

one to four and let me read some of the

10:54

constraint they're probably dealing

10:55

with. People aren't buying fast enough.

10:56

Remember she said the cash conversion

10:57

cycle. So they're not getting paid fast

10:59

enough. They're wasting time with bad

11:00

leads. They don't have enough time to

11:02

talk to good leads. They're not sure

11:03

what to fix. Everything's going wrong.

11:05

Right? And customers feel lost. Now,

11:07

this one, maybe they don't feel as much

11:09

on the customer service side, but

11:10

they've made up for that by just

11:11

providing full-time Slack access at all

11:13

times to them. So, really, it's they're

11:14

feeling lost. We can fix the thing that

11:16

they complain about most from a product

11:17

perspective, which is this is partially

11:19

[music] they're complaining about it,

11:20

but it's also from a customer angle of

11:22

what are all the things that we provide

11:23

the most value and then recombining

11:25

those to make the most valuable offer.

11:27

Decide on basic qualifications, right?

11:28

So, they had this cheaper thing. It's

11:30

like, well, who do we really want to

11:31

serve? Let's make a product for them,

11:34

not a product for everyone, which then

11:36

ends up serving for no one. By the way,

11:37

if you want to know where you're at on

11:39

this scaling road map goes from zero

11:40

employees all the way to 500 plus. And

11:42

we break it down by eight functions of

11:44

product, marketing, sales, customer

11:45

service, IT, recruiting, human

11:46

resources, and finance. Where people get

11:49

stuck there and how to get through it.

11:51

This is my gift to you. It's absolutely

11:52

free. You can go to

11:53

acquisition.com/roadmap.

11:54

And if you want my team to actually help

11:56

you with this for your business, you can

11:58

schedule a call with them and they'll

12:00

dive into the business. and if it makes

12:02

sense to invite you out, we will. And

12:04

maybe we'll see you here in Vegas.

12:05

>> I think you're messing this one up.

12:07

>> I think this is one of the most valuable

12:08

things to do. You could functionally

12:10

charge $25,000 a year and have two

12:13

getaways a year, guaranteed. And so you

12:15

could say like, think about this as

12:16

marriage insurance. We're going to do

12:18

all the other stuff, but you guarantee

12:19

yourself that you're going to have two

12:20

amazing times per year. And when you

12:22

look back on your life, most of the

12:24

months kind of blend together. It's just

12:25

the little spikes that are the moments

12:27

that you remember. That's what we're

12:28

going to help you build.

12:29

>> Okay? I think we do 2x per year in

12:32

person and I think you should position

12:33

it like getaway rather than conference.

12:35

>> Yeah. Okay.

12:36

>> And it also you guys will have a great

12:38

time to get away too. So like it'll be

12:39

fun for you. So I would what I would do

12:40

if I were you guys is I would go do the

12:42

whole experience with them whatever 2

12:44

days and then stay 2 days after for you

12:46

[music] guys and unwind. We won

12:48

vacation.

12:48

>> And what do you think you're going to do

12:49

at the inerson event when they're all

12:51

there

12:51

>> at the moment? Just planning on [music]

12:53

doing renewal sales.

12:54

>> Yes.

12:54

>> Good. That's what I [laughter]

12:57

rear.

12:58

>> That's how we're going to do it. And so

12:59

basically we have two inerson events.

13:01

We're eliminating Slack. That's for

13:02

sure. Screw Slack.

13:04

>> Feels so good. Thank you.

13:05

>> Yeah. You're welcome. I feel you feel

13:06

lighter. I would almost rather you get

13:08

rid of this.

13:08

>> The weekly group calls.

13:09

>> Yeah.

13:10

>> Cuz I don't think anyone's like, I'm

13:11

staying for the [music] group calls.

13:12

>> They probably stay for this.

13:13

>> You're right. Absolutely. Because when

13:15

we survey our clients, the weekly group

13:17

calls are usually the least favorite.

13:18

>> Let me tell you a secret. What a lot of

13:19

people do is that they will try and add

13:21

as much as they possibly can. The goal

13:23

is [music] value per bonus. Basically,

13:25

the way that I think about it is each

13:26

thing we add on its own should be worth

13:30

the price of the whole thing. Simplicity

13:32

is the [music] ultimate in business.

13:35

Simplicity makes for simpler marketing.

13:38

It makes for [music] simpler selling. It

13:40

makes for simpler delivery. But the

13:41

problem is that complexity always rears

13:43

its head. People want to over complicate

13:45

things. You want to have four or five

13:46

benefits in one ad [music] because you

13:47

think they're all important, but the

13:48

reality is that you weren't able to

13:49

prioritize the one that mattered most

13:51

for the specific avatar that you're

13:52

trying to advertise to. We could include

13:55

a hundred things, but there's typically

13:57

only one thing that gets someone over

13:59

the hump. People decide to buy because

14:00

they [music] hear something like, "Oh,

14:02

that's the one." And then they're in.

14:03

And so, we just want to make sure that

14:05

we make those details as compelling

14:07

[music] as humanly possible and then

14:09

limit the details that we choose to talk

14:11

about. To quote Jack Dorsey, founder of

14:13

Twitter, "Make all the details perfect.

14:15

Limit the number of details." The main

14:18

value ads are, "We're going to meet with

14:20

you. We're going to do a deep dive.

14:21

You're going to come out twice a year."

14:22

>> Yeah. love it.

14:24

>> If you want to have the group, I would

14:25

say this is like for y'all, but like

14:27

this is not support. This is not like

14:29

you tag me in every single post kind of

14:31

thing. This is if you want to connect

14:33

each other, then this is the way

14:34

basically you're more curating the

14:36

experience.

14:37

>> Then you are doing a whole bunch of

14:39

stuff in there.

14:40

>> Okay. So I think we go deep dive which

14:42

is fundamentally just on boarding. So

14:44

you'd want to do that anyways, right?

14:45

Two and two quarterly times three and

14:47

then you have the group which is not

14:48

going to be a lot. Okay. So if we're

14:50

looking at the total delivery time, this

14:53

is 60. So this is 3 hours, right? Let's

14:56

just call this six. So it's 9 hours. And

14:59

then you have the two events a year. So

15:01

basically, let's just call it 10 plus

15:03

this is quickest between everybody. 10

15:05

hours per couple is the cost. You make

15:08

25,000. And so realistically, the cap is

15:11

going to be these two. This is now the

15:13

new cap of the business, not all this

15:15

other stuff.

15:16

>> So how many quarterly halls can you

15:17

take? The first initial strategy session

15:20

does take you know considerable amount

15:21

of time but after that I think we could

15:23

do five per day.

15:25

>> You wouldn't do five per day. You

15:26

wouldn't do it

15:28

>> like you can do it physically. I'm

15:29

saying what are you willing to do? I

15:30

know what you can do physically.

15:31

>> I'd say probably two per week.

15:32

>> He's at five a day. [laughter] Two a

15:34

week. I'm like okay. So we have a 12x

15:36

differential between you guys.

15:38

>> Maybe five per week.

15:39

>> Yeah. Five per week and you do one day

15:40

where you just do five.

15:41

>> Exactly. Yeah. We try to match them. So

15:43

that means that you'd max out at 60

15:45

because you're doing 12 weeks, one a

15:47

quarter times five,

15:48

>> right?

15:48

>> So that max out to 60 clients. I don't

15:50

love that.

15:51

>> Yeah.

15:51

>> I'd love to be higher than that. How do

15:53

we get you to 150 clients? That's what

15:56

I'd like to reverse engineer because if

15:58

we get you to 150 at 25, let's call it

16:01

30 cuz a lot of people are going to be

16:02

on payment plans. Then that takes you to

16:03

4 and a2 which is 10 times what you're

16:06

currently making or 11, which feels

16:07

chill.

16:08

>> That feel on my scale of chill, it's

16:09

chill.

16:09

>> Yeah, I mean it's pretty chill. So 12

16:11

weeks if we could get to 15 a week. Now

16:14

again, this is what we have to deliver

16:16

on. We could do a smaller group of four

16:21

and have it be 90 minutes cuz then in on

16:24

Monday you could do 490s.

16:27

>> Mhm.

16:28

>> 6 hours and see 24 and 24 * 12 is even

16:31

more than that.

16:32

>> Yeah. When you are supply constrained,

16:34

you can either raise the [music] price

16:37

so fewer people buy and the people who

16:38

buy you get paid more for or you change

16:41

the ratio of delivery, meaning you go

16:43

from one-on-one to one on four to one on

16:46

six to one to many or you productize

16:49

[music] or you hire people. So, we have

16:52

a lot of different ways that we can

16:53

solve a supply constraint. We're going

16:54

to change what we deliver and make it

16:55

into a product. We're going to change

16:57

what we deliver slightly by delivering

16:58

it to more people at once. We're going

17:00

to keep it to the same number of people,

17:01

but we're going to raise the price so we

17:03

make more per person or we're just going

17:04

to hire somebody else to do it. All of

17:06

these are potential solutions, but I'm

17:09

going back and forth with them to figure

17:10

out which one makes the most sense. They

17:12

were a little bit cash constrained and I

17:14

didn't get the impression they wanted to

17:15

have a big team. The next one is the

17:17

price. Now, they were already struggling

17:19

to sell the higher ticket thing and so

17:21

like I don't think we have room to go

17:23

three or four times as high because

17:25

that's what we would need to do in order

17:26

to make a pricing move that would make

17:28

sense. So, this one's out. And then we

17:30

have the productizing. Now, they already

17:32

did a productized version, but they

17:33

can't sell it at the price that they're

17:34

selling their expensive thing. So, this

17:36

one's out. Now, this is basically the

17:38

only thing that's left on the map that I

17:40

see as a high likelihood solution for

17:42

where they're at right now, which is why

17:43

I recommend it.

17:44

>> The other factor, I guess, to consider

17:45

is our dream state of this business

17:47

wouldn't necessarily involve us being so

17:49

heavily involved in

17:50

>> one day a week.

17:51

>> True. That's true. Yeah.

17:52

>> Yeah.

17:53

>> I'm working on one day a week here.

17:54

>> Yeah. Yeah. No, I I like

17:55

>> I want millions of dollars and work one

17:57

day. I'm like, "Okay, well, that's fair.

17:59

That's fair."

18:00

>> Yeah. Our goal is eventually to be able

18:02

to have coaches that can deliver on it

18:04

as well.

18:05

>> Yeah.

18:06

>> I will be super candid with you.

18:08

>> Most coaching businesses fail at scale.

18:11

And it's because if you have some unique

18:13

skill set or your personality, whatever

18:16

it is, like your X factor, if it's easy

18:19

to teach, it's not valuable. And in

18:21

order to have coaches who come in who

18:22

can deliver the same level of value,

18:24

it's going to be hard to teach. So

18:25

either you're going to have the issue of

18:26

like I'm going to bring someone in and

18:28

they can walk with the customers

18:29

>> or more likely you'll bring someone in,

18:31

train them up in a weekend and they be

18:33

like this is now the person doing

18:34

delivery. Now then you're going to claim

18:35

it's your system and all the other

18:37

stuff. I've never seen really anyone get

18:39

above 30-ish million a year in that

18:41

space.

18:42

>> Okay?

18:42

>> And so the people who get above that

18:44

typically have a more distributed model.

18:45

>> Okay?

18:46

>> So what I mean is this is y'all's X

18:48

factor. So let's say we have all these

18:51

little shot glasses here and on the

18:53

other side we have full full same size

18:55

bottles. Okay.

18:57

>> Scenario one, I just pour this into the

19:00

shot glasses.

19:02

Okay. Scenario two, I pour it into the

19:04

big glasses. Then I take this and fill

19:06

it up to the top so that it's the same

19:08

same amount.

19:09

>> Yeah. [clears throat]

19:10

>> What you end up having this is the

19:12

coaching model. You're going to get the

19:13

same amount of time you're going to with

19:14

this person. They're not as good as me.

19:16

it's going to be really diluted X factor

19:18

>> Y

19:19

>> versus would you rather just have a

19:20

little bit less but you have the full me

19:23

the full X factor

19:24

>> and in my opinion this model still is

19:27

better because then you just keep

19:28

getting better

19:29

>> now if you're like okay well we don't

19:31

want to be keyman I'd rather get you to

19:33

4 million a year

19:34

>> and then we can deal with that problem

19:36

>> when he did the whole Gatorade analogy

19:38

that was very powerful because we don't

19:40

want to dilute the value of what we

19:42

offer and for many coaching businesses

19:45

you feel like you have to just by hiring

19:47

other coaches to coach for you. So that

19:48

was a really powerful paradigm shift.

19:50

>> Every one of these solutions that I just

19:52

outlined have businesses that have

19:55

succeeded with them. [music] The

19:56

question is which problem would you

19:58

rather solve? If you decide to do the

20:00

hiring path, then you're going to build

20:02

basically a firm of partners to do this

20:04

service for other people. The problem is

20:06

most people who are in this world who

20:08

are influencers or creators, whatever,

20:10

they have some sort of X factor and

20:12

people come for them. And so when they

20:14

try and hire staff, they just say, "Oh,

20:16

here's my buddy. I spent a day with him

20:17

to try and teach him my method and now

20:19

he's going to deliver it." If this is

20:20

such a complex method, if you can train

20:22

somebody up on it in a day or two, it's

20:25

probably not that complex. Or it is that

20:27

complex and you're just saying it's not

20:29

that complex and just putting [music]

20:30

them in front of customers because you

20:32

don't want to do it anymore, which is

20:34

laziness. And also, you're probably not

20:35

paying them what would be required to

20:37

get somebody who's [music] actually as

20:38

good as you or better. And so the

20:40

business you build here is a recruiting,

20:42

training, and culture business. [music]

20:44

If you want to have a productized

20:46

version of this, then you're going to be

20:47

leaning heavier into marketing and sales

20:48

because the delivery is going to be more

20:50

or less automated or productized.

20:51

[music] This allows you to scale more

20:53

easily from an acquisition perspective,

20:54

but then you got to learn how to market

20:55

and sell at even higher level. Then we

20:57

have these two. So if you're a pricing,

20:59

then what you're really going to get

21:00

into is the branding business, right?

21:01

Because in order for them to command

21:03

[music]

21:04

super premium prices, let's imagine they

21:06

only have 100 customers. They say, "We

21:07

never want to get over 100 customers and

21:09

we want to grow this business." It's

21:10

like, "Well, then the only thing we can

21:11

do is just keep jacking [music] price in

21:12

this scenario, but the only way we're

21:14

going to get people to continue to buy

21:15

is that we have to reinforce this brand

21:17

loop [music] where every time we have

21:18

these 100 customers, their lives improve

21:20

by so much. They create these amazing

21:22

stories for us. They bring their friends

21:24

and then over time because we have

21:25

supply and demand, right, as a as a nice

21:27

little X factor here, the price would

21:29

continue to go up as demand increased,

21:31

right? But we're keeping supply fixed.

21:33

Now, the ratio, which is what I

21:35

recommended for them, I want to say it

21:37

kicks the can down the road. [music] And

21:39

what I mean by that is they're just

21:41

going to get better and better just

21:42

because you get more practice if [music]

21:44

you're the person who's got the X

21:45

factor. And so, they're going to get

21:47

more practice. So, even though people

21:48

are going to get shot glasses of them,

21:50

it's going to be more and more

21:51

concentrated shot glasses, which means

21:52

they can keep [music] dividing it over

21:54

and over again as they get better and

21:55

better. And so, the value per person

21:56

actually can stay fixed as they improve.

21:58

Ultimate version of this is look at Tony

22:00

Robbins [music] business, right? We got

22:01

one guy and he's on stage in front of

22:03

10,000 people and they all pay $5,000 to

22:05

be there because he can command that

22:07

price because he's so good on stage that

22:10

people are still thrilled even though

22:12

they're in an auditorium of a zillion

22:14

people. In the ratio business, the

22:16

business that you're really building

22:17

there is they're just continuing to do

22:18

what they're doing and they're just

22:19

going to be able to drive more and more

22:20

profit in the business. [music]

22:21

>> And we personally enjoy the events

22:23

probably the most out of everything else

22:24

we do in the business.

22:25

>> This would probably be my V1. My V2

22:28

would be can we [music] just sell three

22:30

a year? And then I would just basically

22:32

position it as listen right now you're

22:33

not spending the money because and

22:34

[music] you know you should. Yeah.

22:35

>> This will guarantee that you have it and

22:37

also you split up the day so it's 50/50.

22:39

So it's like we're going to be doing

22:40

some stuff together but like it's also

22:41

y'all's vacation. So take the day. But

22:43

the thing is is like it's okay because

22:45

you block [music] the like the value is

22:46

you made them block the time

22:48

>> and come out and do it and make a cool

22:49

experience. When Alex said, "Don't worry

22:50

about key man risk," we felt a sense of

22:52

relief because we felt like we had to

22:54

just take what we do and go multiply it

22:56

with other people. But realizing that we

22:58

can just not have to worry about that

23:00

right now and focus on what it is that

23:01

we [music] do best and grow the business

23:02

in that way makes it feel a lot more

23:05

simple and allows us to again just do

23:07

what we love to do and serve the people

23:08

that we love to serve. So

23:09

>> I think this is V1, but let's solve the

23:11

money thing here. If you're willing to

23:12

do 2 days a week, then that would get

23:14

you to 120. So that gets you to 3-ish

23:17

million. It's better than 5 days a week

23:19

at where we're currently at.

23:20

>> Yeah.

23:21

>> Yeah. Love that for you. Yeah. Okay. So,

23:23

this to me is this is no longer the

23:26

backend offer. This is just the offer.

23:30

>> Mhm.

23:30

>> That's thing one.

23:32

>> And by the way, for the record, we do

23:34

like serving our clients. So, it's not

23:36

like [laughter] they're bothering us.

23:37

>> Of course. Of course. Oh, of course.

23:39

>> Clients, they're very happy to to

23:42

deliver and they're very grateful. And

23:44

congratulations for everybody who got

23:45

the $5,000 thing. it will never be sold

23:47

again.

23:51

Okay, so you guys are doing the 5day

23:53

challenge. So if I wanted to make the

23:56

lowest risk bet,

23:57

>> yeah,

23:57

>> my lowest risk bet would be run the

23:59

playback again and now sell the thing

24:01

that you should have been selling this

24:02

whole time.

24:02

>> Okay.

24:03

>> Okay. [music]

24:03

>> If I wanted to be spicy, which why not?

24:06

>> My spicy version of this is you run date

24:08

night and you make it 2 to 4 hours and

24:11

then you just pitch right at the end. So

24:13

the reason that I'm a big believer in

24:14

this is that there's a certain amount of

24:16

information that someone is that is

24:17

required for someone to make a decision.

24:18

We can spread that in 5 hours over 5

24:20

days or we can do one 5 hour session. If

24:22

I had to pick between the two, I'd

24:23

rather do the 5 hour session.

24:25

>> And main reason is cuz like I can weave

24:26

a lot more things in. I could like

24:28

you're kind of like in state, you're in

24:29

flow. It's top of mind. You're like

24:31

there rather than having to remember

24:32

each time to come back to this thing.

24:35

And so you'd also have twice as many

24:36

people that you'd be pitching to. If

24:38

your position is a date night, no one's,

24:39

oh, I'm going to do this date night for

24:41

60 minutes. It's not date night. So I

24:42

think having it be extended, you already

24:44

have permission based on the nature of

24:45

what a date night normally is. So this

24:47

all makes sense. This is your activity

24:48

for the evening. We got you covered.

24:50

This has already been demonstrated

24:51

across lots of industries that just

24:53

super long single day or half-day events

24:55

can be incredibly compelling for selling

24:57

very high ticket things. When someone

24:58

gets 3 or 4 hours with you in person,

25:00

they get a pretty decent vibe about you

25:01

and your expertise and whether they want

25:03

to make a buying decision. So they would

25:05

actually do a real date night and just

25:07

zoom in and we're just talking through

25:09

different

25:10

>> I think you do it on like this would be

25:11

like break all the internet marketing

25:12

rules but you do like a Friday night.

25:14

>> Yeah.

25:14

>> You know if that's hard then it's like

25:16

you could test it and be like it's

25:17

Thursday night but from all the math

25:19

that I've seen doesn't really matter

25:20

what day you run it.

25:21

>> Okay. [laughter]

25:22

>> So you can believe whatever narrative

25:24

you want but at the end of the day I

25:25

don't think it's going to matter.

25:26

>> Okay.

25:26

>> If we had to do it tomorrow I would say

25:27

just run the play you already know. It's

25:28

already built out and then just offer

25:30

the better offer. So what we need to do

25:31

here and this is actually super common

25:32

in a lot of businesses. So you have to

25:33

pull cash flow before it. So number one,

25:35

one of my preferred methods is you can

25:36

do layaway, right? Which is you can pay

25:38

on whatever plan you want, but you won't

25:40

get delivery until you pay X amount.

25:42

Like until you pay a third, we don't

25:43

start, but you can pay you can make it

25:45

as flexible as you want. But a lot of

25:46

people like, I'll just pay a third now

25:48

and then start the payments.

25:49

>> Okay?

25:50

>> And then that way you can pull out more

25:52

of that cash up front.

25:53

>> So we wouldn't even start the service

25:54

until they get to that point. Got it.

25:56

But they can still at least put their

25:57

>> Yes. You could do an onboarding call or

25:58

something like that if you want to just

25:59

to be like, "Hey, congratulations. We're

26:00

excited to have you. You know, we'll

26:02

glad to this community." But we're not

26:03

going to start doing the deep dives and

26:04

all that stuff until until you until you

26:06

pay. The way that that would help solve

26:08

the cash flow issue is the idea is that

26:09

most people would be like, "Screw it.

26:10

I'll just prepay the first quarter."

26:12

>> Okay.

26:12

>> Now, that's kind of option A. And I

26:15

would just recommend doing ask for the

26:17

quarter upfront, which is basically the

26:19

way it works is it's 9K down. And the

26:21

reason we do this is because the deep

26:23

dive we do is really intense and it

26:26

costs us the most out of everything that

26:27

we're going to provide for you. All

26:29

right? in terms of our time. Basically,

26:30

you sell that and then I would just

26:32

immediately start the payments, whatever

26:33

it is, $2,500 or $3,000 per month after

26:36

that. But I would start immediately.

26:37

It's not like you pay 9, don't have to

26:38

pay, and then you have the next thing

26:40

cuz then you're going to have a churn.

26:41

>> True.

26:41

>> Okay. The thing here is then you downell

26:44

layaway. So, if they're like, I can't

26:45

pay the 9K now. No worries. Just make

26:48

three payments and then we'll kick you

26:49

off.

26:50

>> Okay.

26:50

>> Okay.

26:50

>> And that's cool because you're also

26:52

probably going to come up soon to one of

26:53

the event dates. Cool. You're prepaying

26:54

this. You're going to be doing a

26:55

vacation anyways. Might as well just

26:56

like think about like a savings report.

26:57

I don't think we need to complicate this

26:58

any more than that. Basically, the fast

27:00

action bonus is you start now

27:02

>> and we do the deep dive immediately and

27:04

you'll qualify to come to our event. So,

27:06

if we have an event in 2 months,

27:07

everybody who prepays can attend and

27:09

gets the deep dive

27:10

>> and you're always going to have one

27:11

within 4 months anyways if you're doing

27:12

three a year.

27:13

>> Okay? So, the only way they come to the

27:15

event or get the deep dive at least is

27:18

pay. Got it. Okay.

27:19

>> Next thing is we're going to go

27:20

acquisition. All right. Let's do ads.

27:22

Right. What I want you to do is also

27:24

offer a $2,500 rebate as soon as they

27:27

sign on and do their first date night.

27:29

They make a video of them doing the date

27:31

night and what the experience was like.

27:33

And so then you can use all those for

27:34

ads on the front end.

27:36

>> Oh, I love that.

27:37

>> So you give them a rebate. So it's like

27:38

it's 325, but you get $2,500 back as

27:41

soon as you send us the video. And it's

27:42

just and it's and you obviously give us

27:43

permission to use it. Don't talk about

27:45

money. Just talk about the experience.

27:46

Talk about what [music] it's like.

27:47

>> Okay. And you would add the rebate cost

27:48

on top of the And then you take

27:50

>> Got it. I got it. All right. I'm a big

27:52

believer in making ad machines in every

27:54

business, [music] which is like I want

27:56

to have the normal function of the

27:57

business create the marketing for the

27:59

business. I want a fusion reactor. I

28:01

want something that can just self-

28:02

sustain. I don't want to have inputs

28:04

that's always me to drive the business

28:05

[music] forward. And so whenever I can,

28:07

wherever I can in a business, I want to

28:09

create some way of documenting stories,

28:11

narratives, emotions, outcomes from

28:14

customers. [music]

28:15

Think about how it works in sequence.

28:16

One person advertises, that's me. That

28:18

starts the engine. Customer comes in,

28:20

customer has a great experience, that

28:22

experience gets documented, that

28:23

experience gets advertised, that

28:25

experience from that customer gets the

28:26

next customer. So the only thing that's

28:28

really required to get the business

28:29

started is me just doing one big

28:30

marketing push and then after that the

28:32

snowball rolls on its own. Okay. So if

28:35

we're looking at these ads, do you guys

28:37

ever run video?

28:37

>> We've tried, but it hasn't performed as

28:39

well for us.

28:40

>> Yeah. So I'll tell you a secret about

28:42

video. Video has higher volatility than

28:44

images do. But your best ads will be

28:47

video and your worst ads will be video.

28:49

>> Oh, fascinating.

28:49

>> So video outperforms images if they're

28:52

good videos.

28:53

>> Images outperform videos if they're bad.

28:55

[laughter]

28:55

>> You guys make content, right?

28:56

>> Yes.

28:57

>> Okay. So, can you pull up their

28:58

Instagram real quick? What's your best

28:59

one recently?

29:00

>> The one to the top right was

29:01

>> Okay, there we go. To any man who's

29:03

married to a strong woman, here's a new

29:05

lesson I've learned about masculinity.

29:06

[music]

29:07

Your wife's strength does not have to

29:09

compete with your strength. It actually

29:10

complements your strength. The strength

29:12

of your wife does not threaten your

29:14

manhood at all. In fact, the more you

29:17

encourage her to flourish in the areas

29:18

that God has gifted her in, [music] the

29:20

healthier your relationship will become.

29:22

So, when you lead from this place, a

29:24

place of collaboration rather than a

29:26

place of competition, you [music]

29:28

actually become the strong man that you

29:29

and she wanted you to be in the first

29:31

place.

29:32

>> Love this. So, now all we do is take

29:34

that, run as an ad, and then put a

29:36

5-second CTA at the end. My wife and I

29:38

have been working together for this many

29:39

years. If you're a couple and

29:40

entrepreneur and this resonated with

29:41

you, come attend. We're doing a 4-hour

29:43

date night. It's going to be awesome.

29:44

Like, we're trying to do the world's

29:45

biggest night. Either way, it's going to

29:46

be a blast. It's absolutely free. Just

29:48

put in your information. We'll send you

29:50

a couple texts to remind you, and we'll

29:51

see you there.

29:52

>> Perfect.

29:52

>> Love it.

29:53

>> Love that.

29:53

>> That's great.

29:54

>> What I want you to do is, cuz you guys

29:56

are cash constrained right now, is how

29:57

many pieces of content you're putting

29:58

out a week? [clears throat]

29:59

>> Like two.

30:00

>> Okay. So, what I want you to do is get

30:02

to at least one a day.

30:02

>> Okay.

30:03

>> You're going to use that as your free

30:04

testing ground. You're going to take

30:05

your highest performing clips and then

30:07

run those ads and just slice a CTA at

30:10

the end. [music]

30:10

>> Got it.

30:11

>> Okay.

30:11

>> Okay. Okay. Perfect. So, we're going to

30:13

we're going to repurpose best

30:15

performers. Did you get any business

30:17

from that?

30:17

>> No.

30:18

>> Is there any post that you've made that

30:19

has gotten you business?

30:20

>> The closest we got to that was a podcast

30:22

interview that we did where the podcast

30:24

hosts themselves loved us so much they

30:26

hired us to coach them.

30:27

>> Okay. Got it. So, what I would also do

30:29

is I [music] want you to take that

30:31

podcast and slice it up and run the

30:34

moments as both organic and [music] ads.

30:36

I love that. Cool. That's the ad side

30:38

that I would do. Now, obviously, I think

30:39

you should also make normal ads

30:40

following the standard advertising

30:42

[music] process that we outlined in our

30:44

lovely leads book. You could still do

30:45

the images. I would just run a ton more

30:47

of them. Like, how many images were you

30:48

[music] running for this?

30:49

>> Normal campaigns, we do probably like 12

30:50

to 16.

30:51

>> So, I would probably bump the end on

30:52

that to like 100 on images. [music]

30:55

>> Okay.

30:55

>> Just cuz like you just have no idea.

30:56

Literally just open up your iPhone. You

30:58

have probably a gazillion images of each

31:00

other and hanging out. Literally run all

31:02

of them.

31:03

>> Okay.

31:03

>> Okay.

31:03

>> Just all of them on the image side. And

31:05

then [music] this with the organic that

31:08

will give you a good amount on camera

31:10

roll. There we go.

31:12

>> Okay. So, I think if we just did that,

31:13

you'll probably be good to go.

31:15

>> Same copy. That is pretty.

31:16

>> Yeah. Your highest perform like copy

31:18

usually needs to change very little.

31:19

I'll tell you a secret. For school last

31:21

year, we spent tens of millions of

31:23

dollars on ads and we never changed the

31:25

copy once. Wow.

31:26

>> Okay.

31:26

>> Once the copy's right, you just keep

31:28

changing the [music] creative cuz it's

31:29

like this is the message that resonates.

31:31

Now, we just need to get it in front of

31:33

different people in different ways,

31:34

different hooks in terms of the

31:35

creative, but like the actual words on

31:36

the copy more or less say, let's do

31:38

funnel, which is not really existing.

31:40

Okay. So, I do think that part of the

31:42

reason that y'all's show up rate is so

31:44

low is because you don't actually have a

31:46

page.

31:47

>> Yeah.

31:47

>> So, lead form opt-ins tend to be the

31:50

lowest quality overall. I would [music]

31:52

bet that you could probably get

31:53

somewhere in the neighbor of 25% if you

31:54

ran them to a funnel. Now, that being

31:56

said, you'll get cheaper optins here,

31:58

but you won't necessarily get cheaper

32:00

sales because you track CPA, right? Have

32:03

you ever done it to a funnel or no?

32:04

>> Yeah, actually that the reason why we

32:06

currently run lead form ads is because

32:08

when we track [music] the CPA all the

32:09

way to the back end, the leads that

32:11

opted in through the lead form were the

32:13

lower CPA. Okay.

32:14

>> And higher qualified, too, which is

32:15

weird. Like even our agencies like we've

32:17

never seen this, but okay.

32:18

>> I It's not common. Was that one campaign

32:20

that you did that on?

32:21

>> No, we split tested for a year. What?

32:24

>> Cuz I even thought I was like, "This

32:25

makes no sense.

32:25

>> It doesn't make any sense."

32:27

>> Well, then I'm not going to mess with

32:28

it. At the end of the day, the actual

32:29

percentage shows and things like that

32:31

don't actually matter. Only thing that

32:33

matters is cost to acquire. And would we

32:35

be okay with a $1,500 CAC on a $2,500

32:38

thing? Yes. Would we be cool with a

32:39

$2,500 CAC on a $2500? Yeah, sure. And

32:42

now that we have the 9K, we're going to

32:43

get way more of those up front.

32:44

>> Yeah. So here the common theme between

32:46

probably a lot of these different kind

32:48

of episodes that I run with business

32:49

owners is that there's many things they

32:51

could potentially improve in the

32:52

business, but there's usually one or two

32:54

that are the big levers on growth. And

32:57

for Kyle and Ariel, it's the offer and

33:01

the creative. So make a better offer,

33:04

make better creative. Better creative

33:05

gets us better leads. Better offer gets

33:07

more of them to buy. We sing happily

33:09

ever after as Butterworth draws my

33:12

breath. For now, I I'll say this. I

33:14

don't want you to change it. I want you

33:15

to stick with what we have. Make better

33:17

ads. [music] Have a superior offer. The

33:20

main test that we have to basically make

33:21

the decision on, which we will by the

33:22

end of this, is do we want to run the

33:23

same play again or do we want to run the

33:25

4-hour date night?

33:26

>> It's hard cuz we've been just following

33:28

here's what works. Let's just keep doing

33:30

what works until it stops working. And

33:31

now we're like, well, shoot.

33:32

>> Well, what has stopped working right

33:34

now? I'll bet you that the messaging of

33:36

the 5 days probably converts cuz because

33:38

your conversion has been fine. It's been

33:39

it's been like attendance and [music]

33:40

stuff,

33:41

>> right? And so for me, I'm like, okay,

33:42

well, I do think that there's probably

33:44

way more people running 5day challenge

33:46

stuff. And so that's fairly typical. If

33:48

you were to run it as a date night, I

33:50

think that's a unique angle that is

33:52

unique to your business.

33:53

>> You can still do the same amount of kind

33:54

of presentation time as you normally

33:56

would, you probably slice some stuff

33:56

out, too, cuz you don't have to do intro

33:58

outro every time.

33:59

>> So probably is 3 hours of quality

34:01

content out of five.

34:02

>> So that's like great. And then you can

34:03

just do a wrap-up pitch at the end. If

34:05

you change nothing, you'd have twice as

34:07

many people there for the pitch. If the

34:08

date night converts better than the

34:10

challenge, then it'd be even more.

34:11

>> How much of this is like a date night

34:13

fun activity versus like what we do

34:14

during the challenge, which is very like

34:16

tactical, heavy, objection handling,

34:18

sales, you know, all that kind of stuff.

34:20

>> Well, you still provide value in the

34:21

>> course, right? So, just do that.

34:24

>> Okay.

34:24

>> And you can probably reframe the front a

34:25

little bit. Literally, just the

34:26

introduction and the rest of it can

34:28

probably be the same. If I started, I

34:30

was like, "Hey, everybody, welcome to

34:31

date night." If you're anything like us,

34:32

date night is not business or fun. It's

34:35

both. And so, we're going to do that

34:37

together. All right. So, let's start and

34:38

then you're in, right? So, it's I think

34:40

there you go. We've just merged it. Now,

34:41

we're in. Perfect. Okay. That's a great

34:43

frame.

34:43

>> You just need a frame. That's it.

34:44

>> So, what's your upsell percentage from

34:46

the inerson events that you have now?

34:48

>> So, our inperson events, we've held two

34:50

so far. Last year was the first time we

34:51

had the lower ticket offer.

34:53

>> We focused way too much on production

34:54

and providing value and like barely

34:56

pitched. So, we weren't that

34:57

intentional. So, therefore, I think we

34:59

only sold one of the higher tier program

35:01

at our last event, which covered the

35:03

cost, but it' be great to like do a lot

35:04

more. How many people did you close in

35:06

general out of the people who attended?

35:07

>> I mean, it would be like one out of 50.

35:09

>> No, but what about to renew on the lower

35:11

ticket thing?

35:13

>> We didn't.

35:13

>> Oh, only one person total. [laughter]

35:15

>> Yeah. No, it was

35:15

>> okay. You definitely didn't pitch. Okay.

35:17

Got it. We didn't pitch. Yeah. It was We

35:19

went too soft. And I know you say if

35:20

you're going to pitch, pitch. If you're

35:21

not, don't. We screwed that up.

35:22

>> Yeah.

35:23

>> So, how many days is the event?

35:24

>> Two.

35:26

>> Okay. So, number five is me renewable.

35:27

So, this is me just planning ahead. If

35:29

you just do the stuff we were talking

35:30

about, like the business will probably

35:31

already triple or more. Not triple.

35:32

Sorry. If it's 3 million, then it would

35:34

be more than that, like seven or eight

35:35

x. Okay. So, you've got day one, you got

35:37

day two. Intro is going to matter a lot.

35:39

It's one of the most important things of

35:40

an event. It's just blowing people away.

35:42

Be on top of it. It's a lot of little

35:44

details.

35:44

>> Yeah.

35:45

>> Greet them by name. Have specific facts

35:47

about their business, about their

35:49

marriage that you bring up to each

35:50

person. I would try and have a list of

35:52

people that you can tag so that Do you

35:54

have help for these events?

35:55

>> Yes.

35:55

>> Take the list of people who are going to

35:56

be there. Break them into different

35:58

rosters. Be like, "You're on A, you're

35:59

on B, you're on C, you're on D." You can

36:01

give different lanyard colors so that

36:02

they can basically know, oh, this is

36:04

green, this is blue, this is yellow,

36:06

this is orange. And then you're in

36:07

charge of yellows, you're in charge of

36:08

reds, you're in charge of oranges. Make

36:10

sure that you tag all. They have a

36:11

little list and they have the two facts

36:12

they're going to bring up to them.

36:13

They're like, damn, these people are on

36:14

top of it.

36:15

>> And so that's the in between. So you'll

36:17

have your intro, you'll have meet one,

36:19

meet two, and then you have your break,

36:21

M3, M4, and then you'll probably have

36:24

your pitch, and then you'll have another

36:25

intro again. Sorry, M1, M2, and then

36:28

you'll have lunch. And then I think here

36:30

is where you do a soft repitch and then

36:32

[music] you do M3 M4 and then [snorts]

36:34

wrap.

36:35

>> Does that make sense?

36:36

>> Makes a lot of sense.

36:37

>> Yeah. I would say here I would do a

36:39

dinner of some sort. People who buy get

36:41

to go to dinner with you guys. So

36:42

reserve a nice place.

36:43

>> So that gives them a media reason. And

36:45

then here this can typically be shorter.

36:48

So this can usually be like 15 to 30

36:50

minutes. That's just, hey, my team tells

36:52

me X, Y, and Z from yesterday. So I

36:54

wanted to handle some of those things up

36:56

front for you, but I'm going to try and

36:57

frame this in a way that's still

36:58

valuable. And so it'll help you with

36:59

your business too.

37:00

>> Okay. Yeah, I like that.

37:01

>> Yeah.

37:01

>> So teach while simultaneously overcoming

37:03

objections. Got it. And that's what the

37:04

re pitch is. Now for this pitch, would

37:06

you do like the full hour?

37:08

>> You don't typically need to.

37:09

>> Oh, okay. I

37:10

>> I'm a big believer in like just provide

37:12

value. I think stories and narratives

37:14

are really powerful here, frameworks,

37:15

things like that. And then basically at

37:17

the end, I think just having like if

37:18

today was valuable, do you mind if I

37:20

just tell you a little bit more about

37:21

what we do?

37:22

>> Sure. And then you're talking 15 minutes

37:25

>> stack and close.

37:26

>> Okay.

37:26

>> That's it. Got you.

37:27

>> You basically just make the offer, let

37:29

them know how to get it,

37:30

>> call to action,

37:31

>> and then come to dinner with us for

37:32

everybody that does it. Yep.

37:33

>> That's a huge relief because in my mind,

37:35

I'm like, every single thing we do from

37:37

start to finish, we have to structure in

37:38

a way to like lead to it.

37:39

>> But for right now, you haven't sold

37:41

anyone. And so, we're going to start

37:43

with

37:43

>> just selling and having a clear offer.

37:47

>> And then just asking again [laughter]

37:50

>> and we're going to leave it there for

37:51

now. Of course, if you weave in some

37:53

like in the examples that you use in

37:55

each of the media sessions, you're like,

37:56

"Hey, like you want to weave in the

37:58

different avatars, both psychographic in

38:00

terms of what are the belief systems

38:01

that these people have." And then also

38:03

what are the typical problems that

38:04

they're dealing with cuz that'll be

38:05

different too. And I'll bet you of the

38:06

three, if I had to pick for diversity,

38:08

that would be the one I would want to

38:09

make sure I had the most diversity in.

38:10

The biggest one is going to be the

38:12

diversity of objections. These ones

38:13

where their business was crushing it,

38:14

but the marriage wasn't. The other ones,

38:15

their marriage was crushing it, but

38:16

their business was actually causing

38:18

problems because if they just had that

38:19

right, they'd be good to go. other ones.

38:20

Let's talk about kids. Basically,

38:22

hitting the different things that

38:23

someone's going to bring up.

38:24

>> Okay.

38:24

>> We all have unspoken limiting beliefs

38:27

and the [music] difficulty is

38:29

recognizing them. I think this is in my

38:31

book. My favorite quote of all time that

38:32

will likely be on my my tombstone is the

38:35

value equation, which is we question all

38:38

of our beliefs except for the ones that

38:39

we really believe in and those we never

38:41

think to question. And so, I think it's

38:43

such a powerful statement because we are

38:44

limited by invisible chains of our own

38:46

making. And so many times in my life,

38:49

I've been living inside of a cage that I

38:51

didn't even know existed. [music] And so

38:53

they are enslaved to this business right

38:55

now because of their beliefs about the

38:58

fact that it must be this way or that

39:00

there is no possible alternative reality

39:03

in which they could sell people and help

39:05

them in a non1 scenario. And all I

39:08

wanted to do was just bring in evidence

39:10

from other scenarios where people get

39:11

more help from being in larger groups,

39:14

not one-on-one, so that people could not

39:16

be ashamed. But these blocks exist all

39:18

over the business. It could just be from

39:20

the price or no one's going to like

39:21

these ads or no one's going to want to

39:22

buy this offer. It's like you don't know

39:25

until [music] you try it. And if you're

39:26

not sure, just look around because if

39:29

you're in a tremendous amount of pain,

39:31

then you should be incredibly motivated

39:33

to disprove the belief that you [music]

39:35

have that there's a way to solve this

39:37

problem. Now, when you say renewal, are

39:38

we renewing into the lower tier offer or

39:40

should we

39:42

>> I think you should only ascend as

39:43

>> for the existing and I would just let

39:45

them know, hey, we're sunsetting this

39:46

and so you guys bought a year or

39:47

whatever it is.

39:48

>> And so, [music] the nice thing is that

39:50

it's super light on delivery for you

39:51

guys anyway, so it's not a huge deal.

39:52

And I would sunset it. So, those are the

39:54

big five. Cool. So, I'm going to recap

39:55

them for you and then we'll put this in

39:56

a bow.

39:57

>> Quick question, too, on the renewals.

39:58

Like, would you do a specific incentive

40:00

for renewal?

40:00

>> Would I have an incentive for immediate

40:02

renewal? Yes. So, I'll give you a couple

40:04

different ones that you could think of

40:04

that you might think is more compelling

40:06

or less. You could say, "Hey, for

40:08

everyone who renews today, we'll buy you

40:10

first class tickets to the next event or

40:13

all three events next year."

40:15

>> Love that.

40:16

>> I actually like it because the

40:16

experience really does start when you

40:18

leave home. And so it's like you got

40:19

champagne on the plane, you're getting

40:20

wine set. And so what's the total net

40:22

cost on that? It's like six grand maybe.

40:25

So you can keep the price the same

40:26

[music] and you can add that in. Or you

40:28

could say a very classic fast action

40:30

bonus or something like that. Just knock

40:31

five grand off the price

40:32

>> for immediate renewals. Okay. So

40:33

renewals for the high ticket and then

40:35

lower tickets is for sunsetting would

40:37

just be ascension.

40:37

>> Okay.

40:38

>> In between right now add in the

40:40

quarterly and the deep dive.

40:41

>> Okay. Okay.

40:41

>> For now.

40:42

>> And people will pay 25K for that

40:43

>> for sure. I mean the only other things

40:45

are modules they're not using and calls

40:46

they don't care about.

40:47

>> They do love the Slack though. You know

40:49

they can ask us a question.

40:50

>> Well the thing is is that there's things

40:52

that people might love after they buy

40:55

and then there's things that people will

40:56

love before they buy. I'll give you an

40:58

example. So at Plant Fitness they have

40:59

like a pizza night once a week. I think

41:01

it's Tuesday or whatever. It's like you

41:02

can get pizza. [music] The reason they

41:04

do it is because they're like, "Listen,

41:05

at the very least you can come get pizza

41:06

here and it's going to be cheaper than

41:07

this membership. You get free pizza."

41:09

So, it gives people to buy, but then

41:11

people don't even eat the pizza because

41:12

they don't go to the gym cuz they feel

41:13

guilty. [laughter]

41:15

>> But the thing is, this is a great little

41:17

stick. The reason someone buys isn't

41:18

always necessarily the reason someone

41:19

stays. Now, if people haven't been

41:20

ascending, then the slack is takes up

41:22

your time, but it's not causing them to

41:24

buy again. [music]

41:25

>> True.

41:25

>> Yeah.

41:26

>> True.

41:26

>> It's just a time suck. So from the

41:28

outside looking into Slack isn't

41:29

necessarily a selling point as much as

41:31

it is a something people like

41:32

afterwards.

41:33

>> The reality of it is that you have

41:34

reinforced them messaging you all day.

41:36

>> True.

41:37

>> Yeah.

41:37

>> So they message you and then the latency

41:39

between you responding then reinforces

41:41

them doing that which means the group's

41:42

probably not super active. Your Slack

41:44

messages are super active.

41:46

>> And so it's like we want to redirect all

41:47

of that activity to the community

41:50

because think about all the value that

41:51

lives in all your Slacks. Right now it's

41:52

to no one. So if someone's going to ask

41:53

you a question, I'll answer for

41:54

everybody cuz that question is not one

41:56

of a kind. Now, the other piece that I

41:57

would break that you pierce the veil on

41:59

is we set this up with oneonone two days

42:01

a week. You guys are Christian, right?

42:03

Okay. The amount of church relationship

42:06

communities where it's 10 people in a

42:08

room, 20 people, 20 couples in a room

42:09

and they get up and they talk.

42:11

>> You have a super personal people get up

42:13

in front.

42:14

>> I think it's a belief that you have, but

42:16

like couples problems are couples

42:17

problems. So, here I was hitting her

42:19

from behind. They're not going

42:20

[laughter] to they're just going to be

42:21

like we're having trouble in bed. And

42:22

everyone knows what it means. The flip

42:24

side of how I would sell it is listen,

42:25

[music] one of the hardest parts of

42:26

being a couplereneur is it's lonely. And

42:28

so wouldn't it be nice to know that the

42:30

struggles that you have are struggles

42:31

that other people share too?

42:33

>> And to be clear, I would use the exact

42:34

examples. I'm not going to be saying

42:35

like what are the positions you're

42:37

rotating through? Like have you brought

42:38

a friend in? I'm kidding. I'm saying

42:40

like like you're it's like all right

42:42

well she threw her wig on. Ah, you know,

42:44

>> but like no one's like

42:46

>> clutch my pearls. They're married. Do

42:48

whatever you want.

42:50

And so I think it's a belief thing and

42:52

it's like you're not talking erectile

42:53

dysfunction. You're just talking about

42:55

the relationship and those are going to

42:57

be commonalities and I think that

42:58

longterm they'll probably feel more

43:00

kinship the idea like they're suffering

43:02

from the same business [music] issues

43:03

and the business advice you give helps

43:04

everybody. The relationship advice you

43:06

give helps everybody. Now there is a

43:07

ratio where it stops being small group

43:09

and becomes one to many.

43:10

>> Yeah.

43:11

>> So basically after like I would say

43:13

sevenish it's now not enough individual

43:15

time. I think if you guys did one on

43:17

four [music] and you did the four

43:19

90minute sessions,

43:20

>> yeah,

43:20

>> I think you'd be fine. It's harder to go

43:23

from one-on-one to one to many. So, if

43:25

you're going to change it, I would just

43:26

change it.

43:27

>> Okay.

43:27

>> What do you think?

43:28

>> If we are currently doing like weekly

43:30

group calls and Slack, there's almost a

43:32

constant flow of question answering and

43:34

things like that. If we're just going to

43:36

quarterly calls and the events, there is

43:38

none of that. It's almost just the

43:40

experience of coming together at the

43:42

events and then getting the strategy

43:43

each quarter. Do you think there would

43:45

be any push back from people not being

43:47

able to ask questions on the strategy

43:48

that we map out every quarter?

43:50

>> Maybe.

43:51

>> Okay.

43:51

>> How much does it matter? And so I think

43:53

again a lot of this comes down to

43:54

framing.

43:55

>> Yeah.

43:55

>> And so if I'm going to work with

43:58

someone, for example, I'm not going to

44:00

be like, "Hey, hit me up whenever."

44:02

Because the thing is is that doesn't

44:03

serve you because that means that I'm

44:04

making all your decisions for you, which

44:05

means that you never learn, right? You

44:07

also never learn how to prioritize. if

44:08

every single thing you just outsource

44:10

your decision-m to me which is not a

44:11

good life for me or you

44:12

>> and that has happened of

44:13

>> course it is and so the thinking process

44:16

that I would have is by doing it this

44:18

way you'll be fully focused on the

44:20

fewest things that matter most anyone

44:22

can give you more things to do it's

44:23

about doing the fewest things that make

44:24

the most impact just as much as it is

44:26

for the relationship as much as it is

44:27

for the business

44:28

>> cuz like your wife you could I could

44:30

probably give this list of 10 things but

44:32

if you just said thank you for doing the

44:33

dishes every single day and maybe pick

44:36

up the kids once a week get her some

44:38

hours. If you just do those three

44:39

things, the marriage is fixed. Let's

44:40

just think about how do we remove

44:42

everything that's preventing you from

44:43

doing them. So, I think a lot of it will

44:44

shift subtly in terms of how you're

44:46

presenting it in the pitch. But

44:48

>> I would call that out. If you're the

44:50

type of person who's like, "Hey, I want

44:51

someone to tell me exactly what to say

44:53

to my wife every single day.

44:55

>> Here's the thing. I'm not married to

44:56

your wife.

44:57

>> You married your wife." And so, if I

44:59

were to do that, I would be doing you a

45:00

disservice because you're never going to

45:01

learn.

45:02

>> I'm just going to be chat GPT for you

45:03

for relationships. And you know what?

45:05

You should use chat if you because he's

45:06

not bad. [laughter]

45:08

These day-to-day things, what we're here

45:09

for is for the big decisions.

45:11

>> Yeah.

45:11

>> That's where we provide the most value.

45:13

>> Okay.

45:13

>> Because if you look back on your life,

45:14

there's a handful of decisions that

45:16

created the life you have.

45:17

>> And we want to make the next handful of

45:18

decisions exactly what they should be to

45:20

get you the life you want.

45:21

>> And that's fantastic framing cuz I've

45:23

even told her too that my brain feels

45:25

like chat GBT because I'm basically

45:27

answering questions all day long.

45:28

>> I want to live.

45:29

>> Yeah, it absolutely is. Along the same

45:31

lines of that though, the best case

45:33

studies we've had of couples, and we're

45:35

very blessed to say that we have 20

45:36

videos of just amazing case studies of

45:39

people making more money going on date

45:40

nights.

45:41

>> I don't know if that would have been

45:43

possible had we not held them

45:44

accountable to taking the steps and stay

45:46

focused cuz between one quarter to the

45:48

next, I mean, you know, how much can

45:49

shift and people shift priorities,

45:50

people get distracted, whatever. So, how

45:52

do we mitigate that part?

45:53

>> So, I'll give you escape valve and then

45:55

another frame.

45:56

>> Okay? So escape alphant want which is

45:58

who here has seen or heard of who wants

46:00

to be a millionaire. So everybody had

46:02

three lifelines right? One of them was

46:04

call a friend one was move the

46:05

statistical. So for us you've got four

46:08

911 calls or two. [laughter]

46:12

>> If it's a 911 emergency then by all

46:14

means let us know and we'll figure it

46:16

out. But that way it's on an escalation

46:17

basis. Again the goal here isn't for

46:20

them to be dependent on you. The goal is

46:22

for them to learn the skills so that

46:23

they can get to where they want to go.

46:24

Anyone can give you a lot of things to

46:25

do, but that assumes unlimited

46:27

resources, which you do not have. And

46:29

so, realistically, all of you guys here,

46:30

let's just be honest, you're going to

46:31

dedicate maybe 5% of your time to this.

46:34

>> So, we want to crush that 5% so we get

46:36

the 80% 180% benefit from it.

46:39

>> Yeah.

46:40

>> That's the value of strategy.

46:41

>> Yeah.

46:41

>> Yeah.

46:42

>> And that makes 100% sense, too, as to

46:44

why people aren't renewing because they

46:45

feel like they haven't used all of the

46:47

resources.

46:48

>> So, it's actually hurting us from both

46:50

angles. Yeah.

46:50

>> Of course, Planet Fitness figured this

46:52

out. But there was this huge amount of

46:55

big health clubs, right? And they had

46:57

raball courts, they had swimming,

46:58

swimming, they had basketball, they had

47:00

weights, they had cardio. But when they

47:01

did their research, they found out that

47:02

80% of people just use the cardio mostly

47:05

and then a little bit of weights. And so

47:07

they said, "Cool, we'll just cater to

47:08

the 80% and we'll dramatically be able

47:10

to reduce our cost to open and be able

47:12

to reduce the price and transfer that to

47:14

the customer." And so what happens is

47:15

when health clubs were charging $59 a

47:17

month, $89 a month, people are still

47:19

only using those two things for the most

47:20

part. And so we think, "Oh, I'm going to

47:22

add more stuff to provide more value."

47:24

But all you do is create a larger

47:26

discrepancy between consumption and lack

47:28

of consumption. Look at all the stuff

47:29

I'm not using, which means I'm not

47:31

getting my money's worth. Rather than

47:32

thinking, I'm getting all this for $59.

47:34

They're just thinking I'm only using 20%

47:36

of my $59.

47:37

>> And so it doesn't matter what the price

47:38

point is, people still cancel because

47:40

they just think that they're not using

47:41

as much as they should.

47:42

>> So that's why when I went back to the

47:44

bonuses, we want to make sure that the

47:45

things that we're putting there are

47:46

absolutely going to be used because

47:48

they're valuable.

47:48

>> Yes.

47:49

>> Yeah.

47:49

>> Okay.

47:50

Anyone who's watching this who has a

47:52

product, you need to pay attention to

47:53

this. [music]

47:54

So, let's say that you have some sort of

47:56

mini stack. I like the gym membership

47:58

because it's the simplest example,

47:59

right? You've got a spa and you've got a

48:02

pool and you've got basketball court,

48:05

you've got tennis, [music] you've got

48:07

weights, you've got cardio, right?

48:10

There's all these things that we have

48:11

for one low price of $29.99, whatever it

48:14

is, right? The problem is most people

48:17

are only going to use one of these

48:18

things throughout their entire career.

48:20

And so you might think, "Oh, I'm giving

48:21

them all this value for $29." But what

48:24

they're seeing is that they're not using

48:27

this.

48:29

And so this is now waste instead of even

48:31

added value. And so it's much better to

48:35

just give somebody 100% of what the only

48:37

thing they want and charge them

48:39

appropriately for it because now they're

48:40

getting 100% of what they desire. I know

48:42

this obviously doesn't fix the strength

48:44

problem of our delivery, but what do you

48:46

think about doing like small group

48:48

monthly instead of quarterly? So that

48:50

way it's like setting the plan for the

48:51

month, they execute on it and doing it

48:53

every month [clears throat] with four

48:54

couples.

48:54

>> You would have the same exact thing as

48:55

the one-on-one situation.

48:57

>> Yeah,

48:57

>> it's easier to change a cadence than it

48:59

is to change a ratio.

49:00

>> Okay.

49:00

>> So if you wanted to start with we do

49:02

monthly and it's one-on-one jealous

49:04

call, but

49:05

>> you wouldn't do it though.

49:06

>> I just prefer to think what like it

49:08

forces you and it forces them to

49:10

prioritize. [music]

49:11

Yeah, I do like that.

49:12

>> Yeah.

49:13

>> And for them to make decisions not rely

49:14

upon us.

49:15

>> Yeah. Come to us with the big [music]

49:16

decisions that are going to affect your

49:17

marriage and business.

49:18

>> And our deep dive in the beginning that

49:20

we start with is we're going to be

49:21

identifying what those levers are.

49:22

>> That's what we want to talk about. What

49:24

you're having for dinner on Tuesday,

49:25

what cool date idea that you're going to

49:26

have. We've got resources for that

49:28

stuff. You don't need me to tell you she

49:29

should do clay pottery or wine and paint

49:30

night or whatever the hell you want to

49:32

do.

49:32

>> You don't need me for that. You could

49:33

Google her.

49:34

>> Oh yeah.

49:34

>> The things that I can actually help you

49:36

with are going to be the rare things

49:38

that will have the bigger biggest

49:38

[music] impact on my life in your life.

49:40

Yeah.

49:40

>> And that's the highest leverage you

49:43

>> for everybody.

49:44

>> And it be like cuz listen, if we were to

49:46

do it where it was one-on-one and it was

49:48

every single week, we'd have to charge

49:50

$200,000 for it. It wouldn't make sense.

49:51

>> Yep. [music]

49:52

>> So this still gets you the 8020 of that

49:54

>> and then you get all your time back. I'm

49:56

loving this.

49:56

>> Yeah, I do.

49:57

>> When Alex clarified exactly what we need

50:00

to do, I feel like that's going to lead

50:02

to even more bliss in our relationship

50:04

because I'm no [music] longer going to

50:05

be tied to a lot of client delivery.

50:08

Even though we love our clients, it's

50:09

going to free up more time for us and it

50:11

creates a much simpler path to hit our

50:13

goals as a couple.

50:13

>> Yeah. And it allows us to feel like we

50:15

can move lock and step in the same

50:16

direction towards the goal. And it's a

50:18

lot of what we help our clients do. So,

50:19

it's cool.

50:20

>> Yeah.

50:20

>> What would you do with the people that

50:22

are currently in that offer? Would you

50:24

continue to serve them the same way?

50:25

Would you tell them that we're making an

50:26

adjustment? Like, how would you

50:27

transition that?

50:28

>> Here's the great news. Because you

50:29

currently don't renew anyone. [laughter]

50:30

>> Just wait.

50:31

>> Well, the thing is is that like it

50:33

doesn't actually matter that much. So,

50:35

you can continue to see like always keep

50:36

your commitments. You made a promise,

50:38

you keep it. Done.

50:39

>> But in terms of, hey, this is what we're

50:40

doing going forward. Then that's it's a

50:42

new agreement.

50:43

>> Yep.

50:43

>> New terms, new agreement.

50:44

>> Believe it or not, we've actually got

50:45

completely stacked because we're good.

50:47

>> And so because of that, we still want to

50:49

help you. And we think this actually is.

50:50

And here's the thing, and this is where

50:52

I think people mess this up. They will

50:53

try. They will apologize essentially for

50:56

saying, "Hey, we're oneonone. Now we're

50:57

doing 14. It's hard. We're just No, this

51:00

is better.

51:01

>> Yes.

51:01

>> This isn't as good. It's better. It's

51:03

better cuz you're going to have other

51:04

people. You'll hear somebody else's

51:05

question be like, "Ooh, that's a good

51:07

one. I should have I should have thought

51:08

of that or I even think about because

51:09

the thing is is that somebody might have

51:10

already solved your problem and they're

51:11

on to the next problem. And this also is

51:13

why we don't need to meet as often

51:15

because you're going to hear a higher

51:16

variety of questions being answered so

51:18

that when you do have the next problem a

51:19

month later you're like, "Oh, Sandy, I

51:21

remember what you said to Sandy. I'm

51:22

just going to do that."

51:22

>> Yeah, that makes a lot of sense. Yeah.

51:24

>> All right, let's recap this. B number

51:26

one new backend/frontend

51:31

offer is going to be 25K/30K

51:36

if they do a payment plan. We're going

51:38

to do layaway as a downell with 3 months

51:40

which is 9K upfront. You can also do 10

51:42

if you feel like it. And that's going to

51:43

come with two times per year in person,

51:46

one on four quarterly. You can do one

51:48

deep dive one-on-one. That's fine. So

51:50

it's like we're going to do the deep

51:51

dive one-on-one with you and then you're

51:52

going to get in the group.

51:53

>> Okay,

51:53

>> got it. 101 deep dive and the group. All

51:56

right. Second thing is we're going to

51:57

test date night angle. So we're just

51:59

going to take your 5day, put it

52:00

vertical. Yep.

52:01

>> Eliminate the transitions and then crush

52:03

it. Number three, ads. So I'm going to

52:06

split this into two cuz I think so

52:07

basically more organic daily which goes

52:09

into ads

52:10

>> plus CTA at the end. 400

52:14

plus images from your camera roll. And

52:16

then for renewal, you're going to set it

52:18

up and actually make the offer. Let's

52:20

[laughter] go at inperson. And the

52:23

easiest way to do that is just ask them

52:24

when they're going to come back. That's

52:26

it. This is the next date. Let's do it.

52:28

So, I think that this is already a 5x on

52:33

your price cuz you're going to probably

52:34

convert about the same amount of people

52:35

because believe it or not, fun fact,

52:38

what matters more for the conversion is

52:39

the first payment. So, $5,000

52:43

this is $9,000. Really, you're going to

52:45

be positioning as 2500 to 3,000.

52:47

>> Yeah.

52:47

>> So, the cash up front is going to be

52:48

more or less the same. This is me just

52:49

trying to get you to believe. All right.

52:51

I like this angle. This is the big kind

52:53

of like unknown, this could be like a

52:56

one to 4x.

52:57

>> Okay.

52:57

>> Because if this crushes, which I really

52:59

feel like it would, like you might just

53:01

have a whole new way

53:02

>> of selling in the industry. If I were to

53:03

enter this industry, I would probably

53:04

enter this way.

53:05

>> Yeah. Okay.

53:06

>> Organic daily. This will just improve

53:07

your ads.

53:08

>> So, this could be an easy 1.5x, maybe 2x

53:11

if we're lucky in terms of decreasing

53:13

CAC. And then the renewal is just going

53:14

to extend out the LTV longterm. So,

53:17

that's going to be year two, year three

53:18

where this is going to matter.

53:19

>> Gotcha. Okay. And just to clarify, the

53:21

renewal since we're doing this event in

53:22

a month, it would be the renewal to the

53:24

new style offer. Okay, got it.

53:27

>> Yeah. All right.

53:28

>> This is a combination of couple couples

53:30

insurance and couples accelerator.

53:32

>> Downside, you do absolutely nothing and

53:33

you come twice a year, we could still

53:35

absolutely change your marriage and

53:36

it'll be the moments that you remember

53:37

most. On the upside, you actually do the

53:39

work with us. Again, use the examples I

53:41

gave. Hey, all been to church. The

53:42

problems that you have aren't [music]

53:44

unique. And so, one of the big things

53:45

about shame is it lives in darkness. It

53:47

makes you feel like you're alone.

53:48

>> Yeah. True. Yeah, I know. That was great

53:50

framing. [laughter] I love that. And you

53:52

also mentioned resources, too. If people

53:54

have questions, hey, we have resources

53:55

for that. Would you make that available?

53:56

>> Have you defined shame and guilt?

53:57

Because I think it's probably helpful.

53:59

>> So, shame is when you break other

54:01

people's rules that you respect

54:03

>> or care about.

54:04

>> Guilt is when you break your own rules.

54:06

So, sometimes if your rules are the same

54:07

as everyone else's, you'll feel guilt

54:09

and shame. If you don't think what

54:10

you're doing is wrong, but other people

54:12

do, you'll just feel ashamed.

54:14

>> Yeah. Yeah.

54:14

>> And if you do something that isn't

54:15

really wrong in other people's rules,

54:17

but is for yourself, you'll feel guilty.

54:19

>> Yeah.

54:20

>> And so I would explain that when

54:21

someone's like, I don't want to be in

54:22

these other people. I was like, let's

54:23

just nail this. Let's just hit this on

54:25

the head, which is that you're afraid of

54:26

being embarrassed.

54:27

>> Sure.

54:28

>> So why do you feel embarrassed? Because

54:29

you think you're the only person who

54:30

deals with that. And it's

54:31

self-fulfilling. So I think we've done a

54:33

lot of thought. [laughter]

54:35

>> We consulted our elders

54:37

>> and we actually think that we want to we

54:38

want to bring it to the light. We want

54:40

more people together so you realize that

54:42

this isn't something to be ashamed of if

54:43

you have an issue and it's normal. And

54:46

the only thing that's not normal is that

54:48

people think it's not normal.

54:50

>> Yeah.

54:50

>> Yeah. I love that reframe. [music]

54:52

>> Absolutely.

54:52

>> Even the definition of guilt versus

54:53

shame. I think it's perfect.

54:54

>> How do you feel about the spine?

54:55

>> I like it.

54:56

>> Love it.

54:57

>> You feel like you can do it?

54:58

>> Of course you can do it.

54:59

>> So coming into this, we had a thousand

55:01

different ideas of how we can grow our

55:03

business. And we were so excited to hear

55:05

from Alex because he has the perspective

55:07

of a bunch of different business models

55:09

and a bunch of different marketing

55:10

models. And now having got to sit with

55:13

him, we feel very clear on what is the

55:16

next best step. Out of the thousand

55:17

things that we could do, we feel very

55:20

clear that we could take the steps that

55:21

he gave, implement it, and actually have

55:23

more time in the process. So, even as a

55:26

couple, I think what Alex equipped us

55:28

with is going to allow us to be even

55:29

more aligned on where we're going, even

55:31

more fulfilled, and just allow us to

55:33

help and serve even more couples. So,

55:35

we're super excited about it.

55:36

>> To put a little bow on everything that

55:37

we're going to do with Kyle and Ariel's

55:39

business is number one, we're going to

55:40

have a new backend/frontend offer cuz

55:42

it's just going to combine it into one

55:44

offer. We're going to do a little deep

55:46

dive with one4. So, we're changing the

55:48

delivery ratio to just give them exactly

55:50

what they need and expand their supply

55:52

capacity. Number two is we're going to

55:54

test the date night angle. I think it's

55:55

going to crush. We'll see. But I feel

55:57

pretty bullish on it, especially when

55:58

they gave me their reaction that date

56:00

night was like people's most favorite

56:01

thing. I'm like, let's put that on the

56:03

front end. Number three is just being

56:05

more consistent with organic so that we

56:07

can actually create more testing for

56:08

free with ads cuz they're a kind of cash

56:10

constraint business. So the easiest way

56:12

to test ads is just post them, see how

56:14

they do for organic, and then just add

56:15

the CTA later. So anybody who's broke

56:17

like consider doing that. Number four is

56:20

running a ton of images as statics for

56:23

the ads because they had images that

56:25

were working better. That's fine. It's

56:26

usually because the videos they make

56:28

suck, not because images are more

56:30

compelling than videos. Videos are for

56:31

sure more compelling. But static images

56:33

are better because people's imaginations

56:35

fill in something that's compelling

56:36

rather than a video that they know

56:38

wasn't good. And then finally, we're

56:40

going to build more recurring revenue in

56:43

the business by having all the renewals

56:45

occur in person, which is the highest

56:46

likelihood of closing. And so with those

56:48

five changes within the business, I

56:49

think they're going to unlock a

56:50

tremendous amount of growth. And if you

56:52

liked this video, you're going to love

56:53

this next video where I break down a

56:55

different business so that you can use

56:56

the same tax they did, make all the

56:58

money, and then question the meaning of

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