Worrying about unpredictable disasters at 3am at night

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I was lying awake in bed at 3am last night as thunderous winds pummeled my window.

Hurricane-level gusts tumbled down the mountain that stands above the house I’m staying in. When they hit the shutters, it sounded like a kid with very full lungs blowing a whistle.

I couldn’t sleep from the noise. The only thing I could think to do is turn on the lights and start researching this wind, which in Croatian is called bura.

So let me tell you a couple interesting bura facts:

In 2012, a particularly bad bura made the Adriatic sea freeze. The bura ripped trees from the soil and threw fish out of the water. Waves got as big as 7 meters.

Many islands in Croatia are completely barren on their landward side. The reason is the bura, which strips away soil and covers everything in a salty mist.

To slow down the onslaughts of bura, most towns on the eastern Adriatic have narrow, labyrinth-like streets. In some towns, houses have stone roofs, because the bura rips tiles away. In Trieste, they sometimes stretch chains or ropes around town to help people steady themselves when the bura hits.

But let me wrap this up:

Not long ago, I read a book that compared fortune to a natural disaster. That book used a flood as metaphor, but I think a bura would work too. When it hits, nothing stands in its way. Trees are ripped up. Buildings are ruined. Fish go flying.

I used to think it made no sense to worry about unpredictable events. But the natural disaster metaphor changed my mind.

Because when the weather is more or less calm, you can put a stone roof on your house. Or install some ropes to steady yourself. Or even think about the layout of your town.

Maybe this is getting too poetic. My point is simply that there are things under your control, even in the face of fickle fortune. You can build up your skills, your assets, and your relationships. This is the best insurance to help you survive a disaster… and maybe even come out ahead when the wind dies down.

On the topic of building up your skills:

If you want some help building up your copywriting skills, my daily email newsletter can be a help. You can subscribe to it by clicking here.

Making more money without adding a single thing

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A couple days ago, an on-and-off client contacted me with a possible new job.

He’d hired another copywriter first (big mistake). No surprise, he wasn’t happy with the outcome. So he wanted me to rewrite the worst parts of the other guy’s work. How much would it cost?

It would cost a lot. But let’s take a moment and imagine a hypothetical scenario:

You go to a friend’s house. He offers you some ice cream and he says, “I forgot it out in the sun last week. It melted to shit. But after a few hours, I remembered it and put it back in the freezer. It’s all yours if you want it!”

I don’t know about you, but I’d find a way to politely refuse. Eating refrozen ice cream doesn’t sound appealing. And it could cause serious digestive regrets.

That’s how I felt about the rewrite offer. But there was something else clanging around my brain-pan, too:

“You can make a lot more money if you stop doing the things you’re doing now, without adding a single thing.”

I heard a guy named James Schramko say this in a presentation a few months back. James’s advice was to look at your current clients and get rid of the least profitable ones. Somehow, James promised, you’d make more money this way.

This might sound like “law of attraction” fluff. It’s not. It’s specific business advice.

James laid out much of his system in the presentation I listened to. This is stuff that allows James to surf most of the day while making several million dollars a year. It’s also worked for his coaching clients — guys like Ryan Levesque and Kevin Rogers.

In short, this presentation was real valuable. If you’re a copywriter and you want to work less but somehow make more money, it’s worth your time. Here’s the link:

https://copychief.com/ep-164-james-schramko/

Limitless persuasion value inside this blog post

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The first time Eddie Morra sees the magic pill, he is sitting in a bar, across from his ex brother-in-law.

“You know how we only use 20% of our brain?” the brother-in-law says as he points to the pill. “This lets you access the other 80%.”

The brother-in-law used to deal drugs. Now, he promotes this secret new nootropic, which gives users a superhuman IQ. He’s offering a sample to Eddie for free.

But Eddie shrugs. He doesn’t want the magic pill.

“Don’t be ungrateful,” says the brother-in-law. “Do you know how much this costs? $800. A pop.”

So Eddie takes a second look. And he scoops up the pill and puts it in his jacket.

The above is a scene from the 2011 movie Limitless. And it illustrates a sad fact of a persuader’s life. Many times, people won’t listen to you. Even when you clearly lay out the benefits your offer will provide them.

So it makes sense to do what Eddie’s brother-in-law did. Present a good offer… and then tell people the value of what they are looking at.

But let me tell you something even more valuable. This isn’t just a useful trick to grow the number of prospects who take up your offer.

Nope. This is also an instance of a fundamental pattern of persuasion.

Persuading people is often a two-step process. Show AND tell. Story AND lesson. Benefits AND the benefits of those benefits.

Phew. Do you know how much value I’ve just given you? Such much value. You could even say… limitless.

I’m not sure I can keep delivering value at this break-neck rate. So if you want to see me fail, click here and subscribe to my daily newsletter.

My brief and curious career as a stock analyst

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Back in 2014, I quit the one and only proper job I’ve ever had, as a buzzing little drone in a software company. I then started something I was completely unqualified for:

I became a stock analyst.

To be fair, all I was really doing was writing front-end content for The Motley Fool. But the very fact anybody would pay me to write about stocks was outrageous.

Not only did I know nothing about finance, or stocks, or business… but I also didn’t care.

There was nothing less interesting to me than how the price of Apple stock is moving, and whether NVIDIA would be a good buy at $19.

But here’s the kink in this story:

I spent each day reading about a new company, and writing up a 500-word blog post. “Yes, it’s a good buy.” “No, it won’t succeed in a new market.”

I had no idea what I was talking about. But a funny thing started to happen.

I was becoming interested in these companies. And by extension, in their stock prices. And yes, I even became interested in finance, and what all the different accounting numbers meant.

This, of course, has a very powerful implication for copywriting. The technical term for it is a “curiosity gap.”

Of course, people don’t get curious about a question they know the answer to. But they also don’t get curious about a question where their knowledge is non-existent.

The sweet spot is somewhere between these two extremes. Actually, it’s much closer to the “I know this answer” extreme.

In other words, if you want people to be curious about what you have to say, they must already know a lot about your topic.

But what if they don’t? Well, then it’s your job to tell them all about NVIDIA, in such a way that even a 2014 version of me would listen.

Finally, here’s a hot stock tip for you:

Click here and subscribe to my daily email newsletter. There’s actually nothing about finance in my emails. But if you’re interested in marketing and copywriting, I can fill in the occasional curiosity gap on those topics.

Unique, slightly gross positioning through “whale fall”

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A whale is denser than water. When a whale dies and stops breathing, it sinks to the bottom of the ocean. It then forms something called a “whale fall.”

A bunch of shrimps, crabs, and sea cucumbers suddenly appear. Some of these creatures specialize in eating the whale’s soft tissues. Some suck the fat out of whale bones. Others colonize the whale skeleton. In short, a whale fall creates a whole new ecosystem, which can last for many years.

Do you think this could be a way to create a business?

I once read Craigslist was basically an Internet whale that sank to the bottom. When it did, a bunch of creatures crawled out and started feeding off its carcass. So Airbnb scarfed up the vacation rentals. Indeed.com sucked in the job listings. Tinder ate the “casual encounters” section.

Maybe that’s a way for you too to start a business right now. Today’s whales like Facebook and Google are becoming less popular. Many of their services don’t work well. Maybe you can peel one off, and simply do a better job.

Or if you want personal positioning, why not turn your hungry eyes toward a whale influencer?

Guys like Jay Abraham or Frank Kern have been around for a long time. Over the years, they’ve had lots of different angles and ideas. They can’t focus on all of them. So you could pick one that appeals to your appetites, chomp into it, and make it into a steady stream of nourishment.

Maybe this whale fall discussion is getting a little gross. But the basic idea is sound. Few things are new in the world. We mostly take what came before us, and recycle it to new purposes. So go forth and prosper, you ambitious sea cucumber, you.

Are you still here? I don’t have any more whale facts for today. But if you want more marketing and business ideas, click here and subscribe to my daily newsletter.

The naked blog post

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I’m writing this blog post because I want you to click on the link at the bottom.

If you’re reading my blog, I imagine you’ve got some interest in writing, and maybe you even write professionally. If so, you’ve probably found yourself, at least now and then, struggling to get started, or taking too long to finish a solid first draft.

And that’s what the other side of the link at the bottom can help with. It’s a method to quickly produce a first draft, and not just a “shitty first draft,” either. Use this method and you can get going with your writing without procrastination… and produce something that’s 50% of the way you need to go.

Now, if I had to imagine what objections you might have at this point, I would think it’s something like:

* You don’t have time to read another stupid blog post right now

* You don’t really struggle with writer’s block

* You’re dubious about “speed writing” systems

Reasonable objections all. Let me give you my thoughts on them:

* If you really don’t have time, then don’t click the link. But this blog post, which won’t take more than a few minutes to read, could save you hours or days of struggle and frustration in the coming months.

* On writer’s block: I also used to think it doesn’t affect me. I never find myself staring at an empty page. But writer’s block can be insidious. It can transform itself into excess time spent researching… or outlining… or doing other seemingly productive things which really are not. In other words, if you ever took longer to finish a writing project than you wanted, odds are that a sneaky form of writer’s block was part of it.

* You don’t have to be a fan of speed reading, speed writing, or speed chess to use this system. It’s not a matter of getting hyped up, writing at a furious pace, or being sloppy. It’s simply a process to get past the inhibitions in your brain and to start selling your offer.

Like I said, the link below will take you to a simple blog post. There’s nothing for sale and no cost to you except the actual effort of clicking. If you do click but don’t like the blog post, don’t read it. If you do read but don’t like what you’ve read, then don’t apply it.

So there’s no risk. That’s why it makes sense to at least click on the link and see for yourself.

You can even skip the intro of the blog post and jump straight into the how-to highlighted points. That will save you some reading, and you’ll get the gist of this method in just a minute or two.

By the way, it makes sense to read this now if you can. This blog post was originally based on a popular forum entry, which disappeared a while back. I searched for information on this method earlier in the year, and I couldn’t find any. In other words, it’s not certain this blog post will be there if you decide to come back to it in a year or in a month’s time.

Finally, if you need any more encouragement, let me tell you this is a technique that was recommended by copywriter Dan Ferrari. Dan said it helped him write more on a sales letter in an afternoon than he had done in the week previous. If you know Dan, you know he’s very smart and successful, and his recommendations count for something. So in case you’re ready, here’s the link:

https://bejakovic.com/naked

“My service is so valuable… but so few companies value it”

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In the run-up to the 2008 financial crisis, a banker named Greg Lippman went a-selling on Wall Street.

He wanted to get institutional investors to buy “credit default swaps.” These instruments would pay out big if the market crashed, and Lippman would get a fat fee off the deal.

Lippman had unquestionable proof the market would crash. He had a great sales pitch. And he had a killer offer — to make his investors a ton of money, with great odds, at a low price.

And yet, these stupid investors wouldn’t buy. “If it’s such a great deal,” they would say, “why are you offering it to me?” Others said, “I couldn’t explain this to my investors.” And the most common objection? “I’m convinced. You’re right. But it’s not my job to short the subprime market.”

In the end, Lippman managed to get some buyers. But these investors were already determined to short the subprime market… and were just looking for the best way to do so. Thanks to Lippman’s advice, they made out like bandits when the market came crashing down.

But don’t worry. I’m not getting enamored with investing. And this newsletter is still about copywriting. In fact, that’s why I bring up the story above.

I was reading a thread today on a copywriting forum. People were frustrated that copywriting is so powerful… and yet, most companies don’t value copywriting.

It sounded like the struggle of Greg Lippman above.

Your copywriting services might be powerful. But most businesses still won’t want in. So why waste energy approaching businesses that should see the value you’re bringing… and then getting frustrated when they fail to do so?

Instead, approach businesses that already do see the value of copywriting, and are just looking for the best way to get it. These are the businesses that will make out like bandits from your winning copy. And they won’t mind when you get a fat fee off the deal.

 

New neuromarketing insights from 1966

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I wasted an hour today researching “neuromarketing.” If you like, I’ll tell you what I found.

This is a new field. It’s based on insights and techniques from neuroscience. Its goal is to make people buy more.

Let me give you an example. Scientists put people inside an fMRI machine and showed them Coke and Pepsi. It turned out the two brands created different reactions in the brain.

This seemed like a pretty stupid result. There must be more to it, right? So I listened to talks by a couple of neuromarketing experts.

They made suggestions such as: make your advertising me-focused… use simple language… appeal to emotions. This was all backed by the latest science. Never mind that you could find it all — and much more — in a copy of Breakthrough Advertising. Which Gene Schwartz wrote in 1966.

But speaking of Gene, I think neuromarketing is good for one thing. It illustrates a concept Gene first talked about, which helps you sell in a crowded market. In Gene’s own words:

“If your market is at a stage where they’ve heard all the claims, in all their extremes, then mere repetition or exaggeration won’t work any longer. What this market needs now is a new device to make all these old claims become fresh and believable to them again. In other words, A NEW MECHANISM — a new way to making the old promise work. A different process — a fresh chance — a brand-new possibility of success where only disappointment has resulted before.”

By the way, even though neuromarketing is a disappointment so far, that might soon change.

Google and Facebook both started neuromarketing teams. These companies have such massive resources. Maybe they’ll get more out of neuromarketing than everybody else has gotten so far.

But if they do, don’t count on them to share what they discover. Instead, better grab a hardback copy of Breakthrough Advertising… and start reading and underlining. And if you want more recommendations for books to get you started in marketing, take a look here:

https://bejakovic.com/copywriters-hero/

An imminent prediction about a 10x opportunity that solves an urgent problem

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A few days ago, I was chatting to a friend. She said she’s got “thanatophobia.” I looked it up. It means a fear of death.

Then today, I was reading through YouTube comments. “If you don’t like the sound of people whistling,” wrote one of the commenters, “you’ve probably got misophonia.”

I looked that up, too. It’s when a sound irritates you more than it should.

Here’s a third affliction I only just found out about:

Cyberchondria. That’s the condition when you latch on to a newfangled term, found on the Internet, which gives a Greek name to symptoms of being alive.

But let’s change tack for a second.

A while back, copywriter Roy Furr wrote that there are only three types of big ideas for sales letters:

1. Solve an urgent problem
2. Present a 10x opportunity
3. Make an imminent prediction

So let me make an imminent prediction for you:

Rates of cyberchondria will rise dramatically over the next year. Society will become more atomized, isolated, and socially distanced. People will suffer as a result. And they will want answers.

So if you want a 10x opportunity, simply keep an eye out. New terms will pop up to describe bad feelings you’ve sensed but never articulated. These new terms — and the urgent problems behind them — could be your new big idea.

As marketer Rich Schefren says over and over, “That which is most personal, is most general.” And if it has a scientific-sounding name, that certainly helps.

Do you have unexplained symptoms of malaise, boredom, or irritability? I don’t know the cause. But I might have a cure: Click here and subscribe to my daily email newsletter.

The $3.9-billion argument for soft, believable persuasion

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Michael Burry, the first guy to figure out how to make money from the subprime mortgage crisis, lost out in a way.

Burry saw the crisis coming. He realized he could make money from it by buying something called a credit default swap. This would pay out big time once crappy mortgage bonds failed.

Burry ran a hedge fund. He invested much of the money in his control in these credit default swaps. But this was a massive opportunity. Burry wanted to invest more. So he tried to raise money for a new fund, which would buy more credit default swaps.

Trouble was, Burry was an awkward guy, and not great at persuading. He shocked people with his predictions of catastrophe. Nobody gave him more money to invest.

Fast forward nine months. Burry’s ideas had spread around the industry. So another investor, John Paulson, attempted the exact same thing Burry had tried to do. From The Big Short:

“Paulson succeeded, by presenting it to investors not as a catastrophe almost certain to happen but as a cheap hedge against the remote possibility of catastrophe.”

This brings up a fundamental rule of persuasion. It’s perhaps the most important rule of them all:

Only tell people something that they are ready to accept.

In some situations, this can mean you don’t start with your biggest promise, your strongest proof, or your most shocking prediction. In the words of Gene Schwartz, the best thinker on this topic:

“The effectiveness of your headline is as much determined by the willingness of your audience to believe what it says, as it is by the promises it makes.”

So did Michael Burry lose out? Depends on your perspective. When it was time to cash in, Burry walked away with an estimated $100 million. John Paulson? $4 billion.

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