How we’re creating systems so that everyone can focus on their unique abilities.
On this episode Russell talks about being worth $100,000 a day in his business, but not being worth anything as an assistant wrestling coaching. He goes on to say why it’s important to focus on unique abilities. Here are some of the amazing things in today’s episode:
-- Why Russell had to tell an old friend that he couldn’t come visit unless he paid him $100,000 a day.
-- How Russell ended up being an assistant wrestling coach for free.
-- And why focusing on our own and our team members unique abilities is a good way to grow your company.
So listen here to find out why Russell charges $100,000 a day for business consulting, but is an assistant wrestling coach for free.
We have a unique ability that’s worth $100 grand a day right. To our company and to us and the people we’re serving. But then, we go and start doing these $8 an hour jobs because it’s gotta be done, so I should be the one doing it. But you’re not worth that much there. It’s so expensive to have you spending time on $8, 10, 20 an hour jobs if you’re making $20,000 an hour doing your unique ability.
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-- DotComSecrets: Get a free copy of the "Underground Playbook For Growing Your Company Online With Sales Funnels."
-- Expert Secrets: Get a free copy of the "Underground Playbook For Converting Your Online Visitors Into Lifelong Customers."
-- Traffic Secrets: Get a free copy of the "Underground Playbook For Filling Your Websites And Funnels With Your Dream Customers.
What’s up everybody, this is Russell Brunson. Welcome to
Marketing Secrets podcast. I hope you guys have an amazing day
today because I’ve got something cool to share with you. Alright
everybody, I’m heading back into the office. It’s been a couple,
the last two weeks have been a lot.
Some of you guys, if you’ve been watching, last week I re-wrote
the webinar from the ground up and it did really well. Over a
million dollars in sales in the first week, which is cool. But the
coolest thing, now that asset is done and created it will be placed
in different places, including the home page of Clickfunnels. And
it should, next year generate a lot. Anywhere from 10 – 20 million
bucks.
So it’s like, you do the work once and it pays you forever. And
now I’m writing a webinar this week for our new program called
Software Secrets, which is a brand new thing. It’s always, the last
webinar I wrote from scratch, but the offer was similar to what
I’ve done in the past. So this one, this is a brand new offer,
brand new everything.
And my kids started wrestling, and I don’t know if I told you
guys this already, but the first day of wrestling practice happened
and I didn’t know about it. I don’t know, we just got the dates
messed up. So my kids went and that night I came home and I was all
excited to see them, “How was wrestling?” and they’re all in tears,
“We hate wrestling. We never want to go back.” And I was like,
“What? No.” So I had to call the coach and a few minutes
later I called to be an assistant wrestling coach. So now everyday
at 3:00, I love it, I get to go to wrestling practice with my
kids.
The only problem is that this week was planned to be the
Software Secrets launch week, so I was going to have a whole week
to build out the webinar. The problem is that now from 3 til 6
every night I’m at wrestling. So it cuts out, plus like drive times
and everything else, it cuts out about 4 ½-5 hours every day. So I
really needed to get this webinar, so I’ve been late nights. I was
up at the office until 2 last night. I’m going to probably be there
til 2 or 3 tonight and then do the webinar tomorrow morning
live.
But I think conservatively, it’s an amazing offer. It’s really
insane. I would be shocked if we don’t do a million dollars during
the launch week, or this week, the webinar week, you know. And then
that will go on and next year it could do, who knows, anywhere from
5-10 million bucks. So you do the work once and it pays you for the
next 5 years, which is cool. That’s what I love about webinars. All
that effort you put into it. So it’s worth putting in the
effort.
It’s funny, as I’ve been doing this and thinking about it, I had
an old friend from about 15 years ago call me and to start off,
just kind of catching up and then, and I respect him for this, but
as a good sales person does, he wanted to sell me something, and
he’s like, “yeah, I could fly out to Boise and spend a day or two
with you guys and show you all the stuff that we have.” And all
this stuff right, and I was just like, how do you tell your friends
this.
Awkwardly I’m sitting there and I’m like, “Hey man,” I was so
uncomfortable, because how do you tell your friend, someone who’s
known you when you were just a punk kid? “I don’t know how to tell
you this nicely, but just so you know, right now I bill out, if you
were to come in for a day of consulting I bill out an 8 hour day at
$100,000. So for you to come out for 2 or 3 days, the opportunity
cost for me, its 2 or 3 hundred thousand dollars. So it’s really
hard for me to just block out that time. I feel like such a jerk
telling you that. But if you want to come out and we hang out as
friends or something, I would love to see you again as friends,
that’s super cool. To take 2 or 3 business days, the opportunity
cost is not little.”
He was like, “What? Are you serious?” I’m like, “yeah.” It’s
kind of awkward right. But that’s what we charge. You know, I saw
someone the other day posting in our Facebook group like, “How come
the guru’s don’t just charge $150 an hour so they can help
everyone?” and it’s like, gall I wish I could. I wish there were
more hours in the day. That’d be awesome. But I was like, literally
I’m spending 3 days to create this webinar that will make me a
million dollars in the first week. And anywhere from 5 to 10
million dollars extra, maybe more. Who knows?
So I’m spending 3 days, 3 days of focus time. And in my pocket
goes 8 plus figures. $100,000 a day is actually super cheap
discounted rate. You know what I mean? So I was trying to explain
that, I was like, I don’t know how to say it nicely. I was like,
even if you did want to pay me $100,000 a day, the first opening is
probably 5 or 6 months away. My calendar is insanely booked.
Anyway, so that’s kind of, that was this awkward moment. “I’m so
sorry man, I just, I don’t want you to think I’m a jerk or
anything, but that’s why I can’t just have you come out for 2 or 3
days to sell me something. I just can’t, I wish I could.”
So that was, there’s step one. And then so now I’m at wrestling
practice with my kids and I’m sitting there and I’m spending 3 or 4
hours a day, every day, at wrestling practice, which again, I love.
It’s so cool. I remember when I was this age, going to practice and
my dad coming and watching and working out with me. It’s just cool.
It’s been a really unique time with the twins, just such a cool
thing to be able to spend time with them. Like I said, they haven’t
liked wrestling, so I’m in there trying to make sure they’re liking
it. I’m in there wrestling most of the time I’m drilling with them,
I’m helping them and just making sure they have a good experience
just so that they keep doing it. And for the next two or three
years in the beginning programs, that they like it.
If they like, I just don’t want them to get hurt, or beat up, so
I’m just there to make sure that they like it and teach them some
moves so they start beating kids. Because if you start beating
kids, then it gets fun. So I’m just like, trying to get them
through this initial pain of the beginning. And I’m sitting there,
I’m an assistant coach, I’m not getting paid anything obviously.
And I was just like, it’s so interesting, in this area of my life,
like in business, my time is worth $100,000 a day. But in wrestling
my time is not worth anything. I’m not getting paid for the 3 to 4
hours a day that I’m spending, which is, I don’t want to get paid
for it.
But I had this realization, over here I’m insanely valuable
monetarily. Over here, I’m not. Best case scenario, if I was, even
the best wrestling coaches in the world maybe, maybe clear 6
figures, probably not. Most of them probably $50-60 grand max. And
these are like the best, these are the dudes like the Michael
Jordan’s of the world, of the wrestling world. So it’s like, let’s
just say I was at that level and I was getting paid that, I’d still
be making $20 an hour, $30 an hour maybe. So for three hours it’s
worth $60, $80, maybe $100 for my time. Whereas that time spent
over here is worth $20 grand an hour. You’re looking at $20, 40, 60
grand for that same time, just where am I focusing at.
And as I was thinking through it I was like, that’s so
fascinating how valuable I am here and not so much here. So I
started thinking about us as entrepreneurs where how often do we
spend our time, we have a unique ability that’s worth $100 grand a
day right. To our company and to us and the people we’re serving
right. But then, we go and start doing these $8 an hour jobs
because it’s gotta be done, so I should be the one doing it. But
you’re not worth that much there. It’s so expensive to have you
spending time on $8, 10, 20 an hour jobs if you’re making $20,000
an hour doing your unique ability.
It’s been interesting, I’ve been working with Jeff Woods, from
The One Thing, on building things out. One of the big things I’m
focusing on, thinking through is we’re trying to re-systemize our
business because it’s kind of to the point where we need to re-set
and re-do all those things. And as I’m thinking through it I’m just
like, I want to create the systems and my goal in these systems is
to create the system so that it forces me, and forces everybody on
my team to only do their unique ability. Because each of us has a
unique ability where we’re worth $100,000 a day, and then we have
things we’re good at where we’re worth $20 an hour.
It’s like, if I can get everyone focusing on their unique
abilities where they’re worth $100 grand a day versus their non
unique abilities where they’re worth $100 a day, man how much
faster can we grow and can we scale and all those type of things?
So that’s been my thought process.
So right now, we’re in the re-systemization of our company from
now until the end of the year. After the Software Secrets launch
I’m going to take, you guys will see me take a little bit of my
foot off the gas, so I can recoup, restructure, get systems in
place and then in January we’re going to go crazy, so it’s going to
be fun.
But that’s why, I’m trying to figure out how to get everyone
focusing on their unique ability and not focusing on the $100 a day
jobs that they can do, and they are doing, but how do we get it so
we’re all focusing on unique abilities? So for you guys who are
thinking about it, what’s your unique ability? Think through that
and then figure out, okay now that I know that, what are the people
on my teams unique abilities and how do I create a structure where
everyone is focusing 100% of their time on unique abilities? When
you do that, you’ll start growing.
Dan Sullivan, at strategiccoach.com, if you guys go there he, I
just bought every book on his website last week. It showed up in a
huge box. Because I’m about to immerse in some Dan Sullivan, so I
don’t just buy one book, I buy all of them because I love
immersion. But in one of his books, it’s about unique ability, it
has like a work book and everything. I haven’t read it yet, but I
know it’s awesome, so check it out.
You guys, there is Garrett, and there is Scott. Those are our
partner’s for Software Secrets, Lindsay, they’ve been up here for
the last 2 days camping overnight with me getting everything ready
for the launch tomorrow. So if you guys are watching the video you
just saw Garrett, Scott and Lindsay. If not, you just saw me point
in the air and didn’t see anything, if you’re just listening. So
anyway, I’m going to jump in and we’re going to get this thing
launched. I got 5 ½ hours before wrestling practice. After
wrestling practice I’m going to come back and probably spend
another 51/2 hours, so about 10 hours to get this webinar done
before my body will shut down. Wish me luck.
And then tomorrow will be a million dollar day and then we’ll
have an asset that’ll pay us for the rest of our lives. So this is
my unique ability. So that’s what I spend my time doing. Spending
my time managing, $100 a day job. Spending my time writing
webinars, $100 grand a day job. So I’m focusing on my unique
ability today, which will be good. So that’s all I got. Alright
everybody, appreciate you all, talk to you guys soon. Bye.
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