Why every project I’ve ever launched has failed

by

I’ve tried launching a dozen or more projects or businesses over the years. With the one exception of my copywriting service business, they’ve all failed.

When I look back on what happened, the conclusion is clear:

I focused on making a great product, hoping that would be all the marketing I would need. It was not.

I just launched another project last week (my email newsletter on corona travel). So I want to remind myself, and perhaps you also, of the advice of a very successful entrepreneur.

This is a guy who has launched or helped launch dozens of multimillion-dollar businesses… including one that’s gotten to the billion-dollar level.

The amazing thing is he’s been willing to share much of what he’s learned about starting and growing a business. He’s even taken the trouble to write it all down in an A-Z book, so you dont have to hunt for his wisdom across various interviews, or buy $50k+ coaching or masterminds.

The entrepreneur in question is Mark Ford. His A-Z guide on lauching and growing a business is called Ready, Fire, Aim. And here’s what Mark says:

“For most entrepreneurial businesses, it is enough to have the product and customer service just okay at the outset. Perfecting them can be done a little later, after you have gotten feedback from your customers.”

Aha. That’s where I’ve been going wrong. So what should I, and maybe you, do instead at the outset? Here’s Mark again:

“To be a truly effective entrepreneur, you must become your business’s first and foremost expert at selling. There is only one way to do this: Invest most of your time, attention, and energy in the selling process. The ratio of time, creativity, and money spent on selling as opposed to other aspects of a business should be something like 80/20, with 80 percent going towards selling and only 20 percent toward everything else.”

Speaking of selling, here’s a pitch:

I write an email un-newsletter about marketing and copywriting. If you’re interested in starting or growing a business, you might find it valuable. Here’s how to subscribe.

The breakthrough from the first time Parris Lampropoulos met Clayton Makepeace

by

Parris Lampropoulos once told a story about the first time he got to hang out with one of his mentors, Clayton Makepeace.

At this time, Clayton was one of the most successful freelance copywriters in the world. He had a list of controls longer than a giraffe’s tail. And he was pulling in over $1M a year, back when that was Hollywood money.

In part, Clayton did it by having a stable of talented junior copywriters, including Parris, working under him.

So at one point, Clayton invited the copywriters working for him out to Lake Tahoe. And it was a sight to see.

Clayton was staying there at the presidential suite at a ritzy hotel… getting pampered with massages and facials… eating out at the fanciest restaurants… and picking up the tab for his guests.

Generous.

And for Parris, a breakthrough.

Because at that time, Parris had already been a freelance copywriter for several years. He said he knew intellectually that a freelance copywriter could make Clayton-levels of money… but he still didn’t feel it deep inside.

He needed to see it with his own eyes, in order to make it a reality in his own life. Which is exactly what happened — in the months and years following that first in-person meeting with Clayton in Tahoe.

I bring this up because:

1) It might be useful to you if you are also hoping to reach Hollywood levels of success, and because

2) On a psychological level, your prospect is the same as Parris was back then.

Your prospect might know intellectually what you’re trying to convince him of… but odds are, he still doesn’t feel it deep down.

That’s why the most common writing advice is to show and not tell. And that’s why the most common copywriting advice is to use stories and demonstration. Because these are the most powerful tools you have to drive home a point — even one your prospect has heard a million times — and finally make it real.

And then, you can make your pitch. For example:

I have an email un-newsletter, where I talk about not new, but still valuable, fundamentals of persuasion and marketing. If you’d like to subscribe, here’s where to go.

WIIFM and other powerful persuasion frequencies

by

Two days ago I was in Barajas, an outskirt of Madrid where the airport lies.

Next to my hotel, on a wall separating the parking lot from a dirt field, was a very fancy mural.

It showed a life-sized football player dribbling a ball… and the logo of the local club, Club Deportivo Barajas.

Here’s what got to me:

CD Barajas is not a major Spanish football club. They are not very good at all, and they would probabaly lose if they had to play with the under-16 squad of a La Liga team.

And yet, some patriotic Barajas resident was willing to put in the time and effort to make this mural on an ugly and dirty wall next to an airport hotel.

This connects to an idea that weaves through much of persuasion… but that few places talk about explicitly.

You’ve probably heard of WIIFM, what’s in it for me. That’s the mental radio station that’s playing whenever your prospects hear your sales pitch.

But WIIFM is part of a broader ownership instinct we all have. Because we all have a special receiver that’s tuned into frequencies that report on things that belong to us.

Victor Schwab wrote that given a fountain pen, 96% of college women wrote their own names. Shown a map of the USA, 447 men out of 500 looked first for the location of their home towns.

Think about the music you listened to as a teenager… towns you lived in in the past… the breed of dog you had as a kid… your own birthday… the year you were born.

If you hear these mentioned somewhere, odds are your ears perk up, and you tune in your mental receiver to hear more.

The same is true for your prospect. So start broadcasting on a frequency where your prospect feels some ownership. He will listen, and pay attention. Which is a huge part of what you need to sell him anything.

By the way, were you born in 1980? Or any time after? In that case, you might like to subscribe to my daily email newsletter.

How to get among the top 10% of all copywriters in one year

by

According to copywriter Victor Schwab, the three most expensive words in advertising are:

“My wife says.”

That might sound like an outdated notion. And no wonder.

Schwab wrote that observation in a book called How to Write a Good Advertisement, back in 1942. That was an eternity ago.

But Schwab’s book is still worth reading. And re-reading. In fact, I read it once last year and once more this year. And I will re-read it next year too.

That’s because I once heard A-list copywriter Parris Lampropoulos say to do it. Parris said that if you want to get among the top 10% of copywriters, the process is straightforward:

Just read his recommended list of 13 books 3 times each.

The first time, read them like beach reading. The second time. underline. The third time, copy out your notes by hand.

And Parris said that, if you want to, you can do this all in just one year. (I’m a slow reader so it’s taking longer.)

Anyways, Parris only shared his book list and the process above with his small group of copy cubs… and later, with people who heard him speak in one way or another.

I fell into the second group. So I never wrote about this list before because I figured it was one of Parris’s trade secrets.

And it was, until a few months ago. Because in a public interview that Parris gave then to The Copywriter Club people, he explained everything I just told you. And ever since, his list is up on the Copywriter Club website.

So do you have a year to spare? And would you like to improve your copywriting to the top 10% level? If so, here’s where to start:

https://thecopywriterclub.com/parris-book-list/

Amazing networking secret discovered by one-legged pick up artist

by

Two days ago, John Carlton sent out an email about networking. (John is an A-list copywriter, most famous for his “Amazing Secret Discovered by One-Legged Golfer” ad.)

Anyways, John says there are at least three main networking styles you need to master.

The first style is being super polite and deferential.

The second is being hush-hush, like you’re sharing secrets you don’t want others to know.

The third is loud and boisterous, or, as the English say, taking the piss.

According to John, if you want to get good at networking, you’ll have to get good at each of these styles. And you’ll have to know how to move among them. Which brings up a warning:

If you see others bonding and networking using one of these styles, this doesn’t mean you want to go in with the same.

For example, back in the day, people kept coming up to John and Gary Halbert. John and Gary made a point of insulting each other. It was their locker-room style of networking and bonding. But when outsiders came in with the same, it was offensive and fell flat.

So here’s my added take. It’s based on what experience I’ve had establishing rapport with unfamiliar people.

And it can be summed up with a piece of meat-market advice from “pick up artist” Mystery (who has one leg, and then another). Mystery said:

“Treat a six like a ten, and a ten like a six. You won’t go wrong.”

In terms of networking, this means when I see somebody boisterous… I’m more likely to approach in a polite and deferential way.

When I see somebody polite and nice… I’m more likely to go in — not insulting them — but teasing them a bit.

And when somebody’s getting all hush-hush… well, then I figure it’s time to get all hush-hush too. But I also get on my guard. Because there’s a good chance the other person is just pumping me for information.

What good is this to you? I’m not sure. But if you ever again network outside of a Zoom meeting… then the three above styles — and Mystery’s advice — might be worth keeping in the back of your mind.

And for more pick up-inspired business advice, you might like to sign up to my email un-newsletter.

Premier positioning (War is over)

by

Gary Bencivenga held his farewell seminar at the St. Regis Hotel.

Bencivega’s motto was, Why not the best? That’s why he chose the ritzy St. Regis.

The St. Regis hotel holds Forbes five-star and AAA five-diamond ratings. It’s been home to a bunch of famous guests and residents, including Alfred Hitchcock, Salvador Dali, and John Lennon, who recorded a demo version of “Happy Xmas (War is Over)” in his room. At the time of Bencivenga’s seminar, 15 years ago, a room at the St. Regis cost $750/night.

But let’s get back to Gary Bencivenga.

He got excellent results as a copywriter. Perhaps better than anyone else. But I believe his farewell seminar is why we’re still talking about the guy 15 years after he retired.

That “Why not the best” attitude gives Bencivenga a position in the mind. He remains the premier A-list copywriter, while other A-listers of his generation fade into obscurity.

Now here’s another positioning tidbit for you to mull over:

Jay Abraham won’t speak at an event unless he’s the keynote speaker. Jay positions himself as the world’s premier marketing consultant. Why would he ever accept anything less than top billing?

Rolex. Rolls Royce. Harvard. Like Gary Bencivenga and Jay Abraham, these are all premier brands. That means 1) they charge a premium over what their competition charges and 2) they occupy a clear position in the prospect’s mind. Why not the best?

Of course, there’s a problem.

You can’t simply wave a wand, claim to be the premier choice, and make it true.

Conditions have to be right. There’s got to be a soup of good options — you one of them – but nobody to  claim the premier position yet. Or you can think of it as a war, with many warring parties, but no clear winner.

Now here’s the good news:

If those conditions exist, you don’t have to wait and hope for the “premier” label to land on your shoulders.

You can proclaim yourself the premier choice.

Start charging never-before-seen prices.

And adopt the attitude. Why not the best?

War is over. Your prospect finally has a clear winner to keep in his mind.

Ok, so much for the ritzy part of the marketing spectrum. Now for the down-and-dirty:

Want more ideas about positioning, copywriting, and persuasion? Then you might like to sign up for my email un-newsletter.

To be Home Aloned

by

The original Home Alone movie cost $18 million to make. It went on to gross over $476 million.

For a while, Home Alone was the third highest grossing film in history. For an even longer while, it was the no. 1 money-sucking comedy of all time.

According to screenwriter William Goldman, Home Alone was such a success that Hollywood insiders began to use the term “to be Home Aloned.” It meant to have your movie screwed because it was released at the same time as a runaway blockbuster.

The point being that success can have more to do with who else is in your market… than the inherent quality of your product. This is the essence of why you need positioning. Many fine films, including Look Who’s Talking Too and Hamlet starring Mel Gibson, never got much of an audience because they competed head-on with Home Alone.

But that’s enough on the matter of positioning for this holiday. I only bring up Home Alone because, as I publish this post, I too am home alone. Except my home is an empty room at an airport hotel, with probably no other guests on the same floor.

But much like Kevin in Home Alone, I’m making the best of my situation. In fact, I’ll try to use the fact I’m traveling on Christmas (again) as fodder for my new side-project.

I wrote about this project yesterday. It’s an email newsletter about travel during corona. In case you’d like to see it, or you’d like to subscribe, here’s the link:

https://masksonaplane.com/

A chilling Christmas card from the FTC

by

Maybe you’ve already heard about Operation Income Illusion. It’s the FTC’s latest action, and it started earlier this month — just in time for Christmas.

The FTC filed lawsuits against five different companies. Among these is Raging Bull, a big and successful player in the financial publishing space.

​​Raging Bull got a restraining order prohibiting it from doing any more marketing… and it had its assets frozen.

So what exactly did Raging Bull to draw the eye of the FTC? From the FTC site:

“The defendants claimed in their pitches that consumers don’t need a lot of time, money, or experience, and that the global coronavirus pandemic represents a great time to pay hundreds or thousands of dollars to learn their secret trading techniques, claiming in one ad that the pandemic ‘…might be the most exciting opportunity in decades!’ The defendants also made claims like ‘Learn how you could DOUBLE or TRIPLE your account in One Week!'”

Errr…

That sounds a lot like the VSL I just finished writing for a real estate investing opportunity. So I find this whole Income Illusion thing a bit chilling.

Because from what I’ve seen in the past, when the FTC goes after a direct marketing company, that company is probably doing something really shady.

But the FTC took issue with Raging Bull over pretty standard direct marketing practices. Making big claims… using the most flattering testimonials… appealing to people’s greed and sloth.

I have no idea where this will go in the future. Maybe the lawsuit will be dismissed… maybe it won’t, but Raging Bull will somehow beat it… maybe it will be a one-time action by the FTC to set an example, without broader consequences. Or maybe it’s a sign of things to come.

In any case, it’s something to keep an eye on.

Now here’s an unrelated pitch, also in time for Christmas:

I’m launching a weekly email newsletter about travel during corona (“…the most exciting opportunity in decades!'”). The first issue will go out tomorrow, right on Christmas Day. If you’re interested, you can sign up at the link below:

https://masksonaplane.com/

When authority and urgency fail…

by

Yesterday, I wrote about a remarkable piece of persuasion:

Assassination survivor Alexei Navalny cold called one of the secret service officers behind the assassination attempt.

Navalny used some standard persuasion tricks to get the secret service officer to reveal all sorts of behind-the-curtain info during a 50-minute call.

So how about those persuasion tricks?

There were some obvious things. First, there were the trappings of authority.

Navalny called from a spoofed phone number, which made it seem he was inside the secret service headquarters. He claimed to be an aide to a high-ranking security official. And he seemed to have a lot of insider knowledge — such as names of people possibly involved in the assassination attempt.

So that’s one thing.

The second thing was urgency. Navalny, in his assumed alter ego, insisted this needed to be done here and now, because the big boss was waiting.

But that wasn’t enough. The guy on the other end of the line didn’t budge in spite of the authority or the urgency.

If you read the transcript — available online — you can hear the secret service officer dodging Navalny’s questions. “I don’t have this information… why don’t you call this other guy… I am at home with coronavirus.”

So how did Navalny finally get the secret service guy to break down?

Simple. He said the following:

“Let me help you. On a scale from 1 to 10, how do you assess Alexandrov’s work? I understand that he is your colleague, but nevertheless…”

The secret service guy said, “I assess him positively.”

Navalny then asked a few more 1-10 questions.

​​The secret service guy answered.

And then Navalny started asking more probing questions. As I told you, he finished some 50 minutes later, having squeezed the secret service guy for a lot of classified, inside information.

The technical term for what happened to the secret service agent is commitment.

You get somebody to commit to a small thing… and they will be more likely to commit to a big thing after.

It’s like a big and heavy chain sitting on a massive ship. The chain is way to heavy for you to lift and toss overboard. But if you start just one or two links down the side of the ship… then the whole thing might uncoil and come hurtling down into the water.

That’s commitment. It’s how you can persuade people to do crazy things.

The Navalny story is one example of it. But there are plenty more, all around you. It’s why the headline and the lead of a sales letter are so important… it’s why a customer who paid you $5 will be more likely to buy a $1000 course than somebody who never gave you any money… and it’s why people who have been burned on a get-rich-quick scheme will get burned on a second and a third.

​So what’s my takeaway for you?

Nothing. I’m just glad you read this email all the way to the end. By the way, would you like to subscribe to my email newsletter for more content like this? If yes, here’s where to go.

Spy thriller persuasion in the real world

by

It sounds like a scene out of a Jason Bourne movie:

A man survives a near-fatal assassination attempt. After months of recovery, he decides to figure out exactly who was responsible and how and why.

Being rather clever, he has a hunch of where to start. So he picks up the phone, and starts going down a list of secret service agents who have been trailing him for years.

He calls the first person on the list. No response.

He calls the second person, and introduces himself using a fake name.

There’s a pause on the other end of the line. “I know exactly who you are,” the other man finally says. Click.

The assassination survivor calls the third name on the list.

“Hello?”

“Konstantin Borisovich?”

“Yes, yes!”

“This is Ustinov Maxim Sergeevich, aide to Nikolay Platonovich Patrushev. I received your number from Vladimir Mikhailovich Bogdanov. I apologise for the early hour, but I urgently require 10 minutes of your time.”

“All right.”

50 minutes later, the assassination survivor has milked the secret service agent for the names and methods and dates behind the failed assassination.

Like I said, it sounds like something you would see in a movie. But it was real, and it happened only last week. The assassination survivor was Alexei Navalny, a leading Russian opposition politician, who was poisoned on a plane back in September.

All in all, this was a pretty spectacular piece of persuasion and social engineering. To put it in context, just ask yourself:

How would you go about tricking a trained secret service agent to open up and reveal secret assassination stuff to you on an unsecured line?

It might surprise you that Navalny did it through standard persuasion techniques. Stuff that’s straight out of Robert Cialdini’s Influence.

I won’t list all the techniques Navalny used. But if you like, I will write about one of them in more detail tomorrow. It’s how Navalny finally got poor Konstantin Borisovich to break down and open up… and it also underlies all of direct marketing.

If you’d like to read tomorrow’s article, you might like to subscribe to my email newsletter.