What’s the problem with retainers?

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I woke up this morning to a bang.

I’ve been staying at my friend’s Adams-family-like mansion in the Bolton Hill area of Baltimore.

I have an entire floor of the house to myself.

It’s been great. Except each morning I’ve been here, I’ve been woken up in the same way.

Bang. Against my window. Then a few seconds later, another bang. On and on and on.

A robin – a strange, possibly idiot bird — keeps flying against the window all morning long. After it hits its head against the window, it flies to a nearby branch. It resets. And then it flies at the window again.

And like that until I wake up, get up, and leave the room so I don’t have to listen to him any more.

This week, in fact ever since I got to Baltimore, I’ve been promoting Shiv Shetti’s Performance Copywriter Method.

I’ve been getting a lot of comments from readers who have good things to say about Shiv, and who are happy to hear I’m working with him.

I’ve also gotten a few questions, including the following from Dr. Liza Schermann, formerly the Crazy Email Lady, now a full-time copywriter with an ecommerce brand. Liza wrote:

===

So cool you are now one of the coaches in Shiv’s programme!

I was actually considering his retainer coaching a few years ago because I figured that if I was going to quit my job at the time, it would have to be for a retainer or retainers. Which is pretty much what I ended up doing without him, only a couple of years (and a lot of sweat and blood) later.

Out of curiosity: what’s the problem with retainers? (If it’s public info.)

===

The answer to Liza’s question is really Shiv’s territory, and he goes into it in detail in his video in which he makes the case for the Performance Copywriter Method.

That said, here’s a few possible issues with retainers:

From the copywriter’s side, it’s typically a lot of work, for not all that much money…

​​It’s a lot of stress because the client could decide at any moment to sack you…

​It’s not too scalable because you can only have so many of these retainers before you run out of hours in the day…

​​Plus it’s hard to sell clients on the retainer agreement to start with.

On the other hand, from the client’s view, it feels like an ongoing expense and a need to find stuff for the copywriter to do to make it worth while. And that means they keep wondering whether they should keep it going or sack you before the next retainer payment.

I’m sure not all retainer deals end up like that. Liza has a retainer-like gig. And it’s going well for her.

At the same time, I’ve had a couple retainer-like deals myself. I could never make them work, so I can believe retainers do go bad often.

And yet, for many copywriters, retainers remain some kind of enchanted castle, a magical destination they keep hoping to reach.

Perhaps i could tie that up to that robin beating his head against my window each morning.

Or perhaps I can just tell you there is a legitimate new opportunity for copywriters, a way to make great money, in a scalable way, without the storm and stress of retainers.

It’s called the Performance Copywriter Method. If you’d like to find out more about it:

https://bejakovic.com/pcm

My confessions as Shiv Shetti’s hot-seat coach

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Last Dec, Australia’s best copywriter, Daniel Throssell, wrote me an email asking if I wanted an intro to Shiv Shetti, who was looking for a new coach for his program.

I had no idea what being a coach inside somebody else’s program entailed, but I was willing to find out.

It turned out Shiv has a new program to coach copywriters, called Performance Copywriter Method.

Normally, I would not be interested. For the past year, I have been consciously working to move away from coaching, selling, or marketing to copywriters.

But this was something different.

Shiv was looking for a “hot seat coach.” Each week, I would have to give a different copywriter a strategy for a new email promotion. The copywriters were working with solid, successful clients, and were writing email promos for them on performance-only deals.

I told Shiv I am interested in this. So we agreed I’d start a 2-week trial period at the end of January.

In the meantime, I got to work preparing.

I bought Daniel Throssell’s Campaign Conqueror course, because Shiv was explicitly looking for someone who knew how to do promos in that style. I went through Campaign Conqueror twice.

Second, I went through Shiv’s trainings inside PCM. They talked about mindset… about Shiv’s system for finding these PCM clients… about writing promos themselves.

Third, I looked over previous hot seats that Shiv had delivered himself, all of which surprised me in how thoughtful and thorough they were.

Fourth, I joined the PCM Skool community, where I first started lurking and then contributing bit by bit.

Long story short:

I was impressed by Shiv’s program… impressed by the copywriters inside… impressed by Shiv and his team.

I guess they liked me as well, because my trial period came and went, and now we continue to work together.

My main job is, as I said, to take in a bunch of info each week, and come up with the strategy for a new email promo, much in the style of Daniel Throssell’s Campaign Conqueror. The strategy includes a promo offer, a theme, and email hooks.

For example, tomorrow I have call set up with an Australian copywriter who’s working with a music coach. He’s supposed to send emails over 5 days to promote the coach’s $2,800 offer to the coach’s list of 12,000 names.

I will prepare the strategy. I will go over it with the copywriter over Zoom. He will then go off and write the implement the strategy some time in April.

If all goes well, the client will make a bunch of money without doing any work. The copywriter will end up getting paid much more for those emails than he ever could if he were getting paid up front. And then next month, he and the client will do it all again, with a new offer and a new theme.

So far, I’ve done five or six of these hot seats, one per week. Most of the promos are set to run in the next few weeks, so I can’t report on any impressive wins yet. I imagine those will come.

The other part of my work as a hot seat coach is participate in the PCM Skool community, fielding questions every day.

Those tend to range from technical questions to client acquisition questions to copy and promo questions.

Fortunately, this community is nothing like r/copywriting or the various Facebook copy groups. The people inside are all normal, are all looking for results, are all actually working copywriters with solid copy chops.

All that’s to say, i continue to work with Shiv and his PCM community.

I can tell you from the inside that this program is 100% legit.

​​Not only is it well-designed and well-delivered, with care and effort, but the copywriters inside are getting these performance deals going with quality clients, and from what I’ve seen of the results so far, they are making bank.

If you’re interested, you can find out more about PCM below.

But before you go there, you might notice the curious fact that I am not in any way creating a promo out of this offer.

There’s no deadline.

There’s no disappearing offer, or a bonus, or a discount.

That’s because I don’t want to create any additional urgency about this, beyond what you might already feel as a copywriter dissatisfied or worried with the status quo.

But if you are dissatisfied or worried, and if you’re looking for a new way to work as a copywriter, then PCM is definitely worth a look. For more info:

https://bejakovic.com/pcm

Announcing: Exciting and legit business opportunity for working copywriters

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Over the past two weeks, I’ve teased on a few occasions that I will tell you about and exciting and legit business opportunity for working copywriters.

Today, I will finally tell you what this business opportunity is.

I will just tell you about it today, and I will then work to sell you on it tomorrow, Wednesday, and over the weeks and months to come.

This business opportunity is Shiv Shetti’s Performance Copywriter Method.

Shiv, as you might know, was once the “retainer guy.”

He was very successful in coaching copywriters to land clients who would pay healthy monthly retainers.

Thanks in part to his success getting copywriters set up with retainer deals, Shiv realized in time that retainers are a raw deal both for copywriters and for clients.

To Shiv’s great credit, he didn’t ignore this reality. He was both honest and proactive about it. And so he figured out a new and different way for copywriters to work with clients.

That’s the Performance Copywriter Method.

The promise of PCM is that it’s a scalable way for copywriters to work with clients, make $20-$30k per month, while working just 4 hours a day.

Another way to look at PCM is as a coaching group or mastermind, which is led by three experienced coaches who guide things — me being of these three coaches.

You can find out more about PCM at the link below.

There’s no deadline to do so.

Joining PCM is a big decision, and it won’t be right for anyone.

That’s why I don’t want to create any urgency about this, fake or real, beyond telling you about this new way to work as a copywriter, which is likely to be entirely different from what you’re doing now.

Tomorrow, I will give you my inside view on PCM, and what exactly what I do as a coach inside it.

But if you’re intrigued by what you’ve heard so far, you can sign up to watch Shiv’s presentation about PCM below. Here’s the link:

https://bejakovic.com/pcm

Is the daily email marketplace glutted?

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I’m on the Amtrak from New York to Baltimore, sitting the wrong way, away from the direction of travel, bouncing up and down as trees and warehouses zoom by me. It’s not a great time to write a daily email.

​​Fortunately, a long-time reader fed me a good email prompt a few days ago. He wrote:

===

For a while now, I’ve been feeling like I’m inundated with emails from copywriters, marketers and direct marketing companies.

Until a few months ago, I took pleasure in reading everything.

Now I don’t anymore.

[…]

Lately, I enjoy reading newsletters about what is happening in the world, novels, history books, detective stories, and business history textbooks.

I hope this metamorphosis of mine is normal.

===

My reader’s message sums up the concept of the sophistication of the marketplace, as described by legendary marketer Gene Schwartz, in the experiences of one person.

A man will enter a specific marketplace. He will be new, interested, and engaged by just about everything there.

In time, he will become more selective, more skeptical, or even leave that specific marketplace altogether.

Is this a problem?

​​Is it a vote against ever starting a business in general?

​​Or is it a vote against starting a daily email newsletter right now?

Of course not.

The fact is, there are uncountably many humans alive on the planet right now. You only need a tiny number of them to be interested in what you are writing or selling right now to do very well for yourself and your business.

It’s much like a direct mail sales letter, which will typically only get a 2% response rate, even when mailed to a highly qualified list of prospects.

98 out of 100 targeted, pre-selected prospects won’t get the sales letter… or won’t bother to read it all the way to the order form… or won’t be persuaded to buy.

Only 2 out of 100 will actually respond and send in any money.

And yet many big fortunes over the past century have been built on those 2%.

The same applies to you today, with even more extreme numbers.

That said, it is undeniable that different formats – email newsletters as opposed to video courses as opposed to books — will attract different kinds of people, and in different mindsets and stages of sophistication.

In my experience, he more serious and successful people are, the more likely it is that they read books.

So if you do write a regular newsletter, it makes sense to adapt your best content, and turn it into a book. You will often reach great prospects who might be among the 98 out of 100 who would never read your newsletter, at least not today, before they really know you and trust you to have something worthwhile to say.

That was one of the motivations for my 10 Commandments of A-list Copywriters book.

​​That book was quick to write. And yet it’s one of the best thing I’ve ever done for my standing in the industry and for attracting quality readers to my newsletter — readers who might never have read otherwise.

For more info on this quick and yet worthwhile book:

https://bejakovic.com/10commandments

You never know who’s on your list

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Yesterday, I took the Q train from the Barclays Center in Brooklyn to Union Square in Manhattan. I got off and walked down to East 9th street where there’s a little concentration of Japanese restaurants.

I went into one of these restaurants that specializes in Japanese comfort food.

I was meeting a business owner there who had replied to my “Meet me in NYC/Baltimore/Palm Beach?” email last week. We had already exchanged a couple emails and had talked on Zoom once at the end of last year. But this was the first time we were meeting in person.

I ordered the rice omelette, he ordered the beef stew. We talked a bit about living in the U.S… about living in different countries which both of us had done… about the things we’re working on now.

I said something about this marketing newsletter and my health newsletter. And then I asked him what he’s currently doing with his business.

I won’t tell you what that business is. But I will say it’s an online business, one that’s built on marketing, and more specifically, on long-form ads.

This business is currently doing mid seven-figures per year. It’s growing 30% month-over-month. And the entire team consists of the business owner sitting across from me and one developer in San Francisco.

The business owner across from me shrugged.

“Sam Altman predicted there would be a one-person billion-dollar company one day,” he said. “But before that, there would be a 10-person billion-dollar company.”

We finished our lunch, left the restaurant, and stood on the street corner. We talked a bit more about what to do and see while in New York. He recommended the Morgan Library & Museum. We shook hands, said good to meet you, hope we meet again. And we went our separate ways.

You can conclude what you like from the story above.

I’ll just tell you this:

You never know who’s on your list.

Start writing emails. Create an offer. Start growing your list. You never know who you might attract, who might be reading, and what ideas or opportunities that might open up to you.

If you want help with first part of that tried above, writing emails, then take a look at my Simple Money Emails course.

That’s how the business owner above got onto my list initially, by buying that course. And then he replied to other emails I wrote using the strategies in that course. That’s to say that the strategies I describe in Simple Money Emails work. if you’d like to find out more:

https://bejakovic.com/sme

Impoverished wizard tries to sell me, a hobbit, on playing a game

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During the last crescent moon, before I had set out from the Shire on my great quest to the Western Isles, I, Bejako Baggins, was packing my traveling trunk full of cheeses and dried meats, when when an impoverished-looking wizard burst through the doors of my hobbit-hole and held his arms out as if to beg me to hear him out.

I stared at this wizard, both because he had just barged into my hobbit hole, and because he seemed somehow familiar.

And sure enough, I knew him.

This wizard had already burst through my doors once. But back then, his peak hat wasn’t squashed like now, and his cloak wasn’t torn at the sleeve.

Back then, this wizard offered me advice about my circular letter. I had even written about him before, in a letter that became one of my most popular of the past year.

Now the wizard was back, just looking a little beat up. He stood by the door, his arms still up in the air. And he spoke in a deep but cracking voice:

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Bejako Baggins!

I have a proposition for you mate

Don’t turn me to a troll again in one of your circular letters this time!

What do you think of framing the writing of magical sales spells as a Game then creating a ware to teach its principles and rules.

Basically something in those lines:

“You have to learn the rules of the game. And then you have to play better than anyone else.”

===

The impoverished wizard went on to say how he even had a good name in mind for such a ware. “Let me know what you think mate,” he said.​
​​​
I frowned. I genuinely couldn’t tell if this impoverished wizard was trying to ask me an honest question, or if he was in fact using whatever wizarding skill he had to turn himself into a troll.

In any case, I stepped away from my trunk, and I escorted him to the door.

I told him his idea is marvelous.

We hobbits love games, and we also love learning magical spells.

That’s why, many years ago, I did exactly what he is suggesting now.

I read through many ancient books. I collected hundreds of powerful written sales spells in a great leather-bound tome. I called this tome Copy Riddles. And I turned it into a Game.

I was even fortunate enough to get one of the great wizards of this age, Daniel Throssell the White, to say that Copy Riddles “the most brilliant course concept I’ve ever seen… literally a gamified series of sequential puzzles that teaches you written sales magic.”

If you’d like to find out more about this Game that teaches you how to turn plain written words into magical spells:

https://bejakovic.com/cr

Hamilton

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No, I didn’t go to see Hamilton on Broadway. But I am in New York City.

Last night, I went to dinner with my friend Sam and his girlfriend Olivia.

Olivia has a background in musical theater.

So while we sat in a very dim restaurant and ate sweet potatoes and Japanese-style chicken wings, Olivia enthused about Hamilton, the sung-and-rapped musical that’s broken all kinds of Broadway records.

Olivia won the Hamilton ticket lottery when the show was just opening. She had to actually quit her job to go see it. She loved Hamilton then, she loves it now, and she wanted to share it with Sam and me.

Sam and I were skeptical. But all right.

Last night was pouring rain. Tickets to Hamilton are generally impossible to get. So of course we didn’t go see the live show. Instead, we went back to Sam’s apartment and watched Hamilton, the recording of the Broadway production.

And it turned out to be… one damn musical number after another.

Sam and I kept dutifully quiet and stared at the projected images on the wall. After an hour, Sam paused it to go to the bathroom. This was an opportunity for Olivia to ask if we were enjoying it.

No. And no.

“I knew it,” said Olivia. “I could feel the energy in the room.”

With Hamilton, the recording, you are supposedly seeing and hearing the show just as it was when it was live. But the reality is that it’s impossible.

There’s the missing excitement of going somewhere live, and feeling that you’re participating.

Then of course there’s the intangibles of an actual live 3D presentation, the sound and vision that cannot be reproduced at home on a 2D surface and with a little speaker.

Plus in the theater, there are hundreds or thousands of other people there, all set to enjoy the show, all infecting each other with their enthusiasm.

All of this is just one more reason to do things live whenever possible.

To do in-real-life musicals rather than sell DVDs…

To offer live trainings over prerecorded ones…

To write live emails rather than send canned autoresponders.

No, I’m not saying a freshly written daily email will have the same impact as a live Broadway show. But in its own small way, a freshly written email feels live and real in a way that an autoresponder email cannot replicate. And over time, that effect builds up.

If you want to write fresh emails — new ones every day, which feel live and real as opposed to flat, canned, and stale — then you can find that in my Simple Money Emails training.

​​Simple Money Emails shows you how I do it, and how you can do it too, starting today. For more information:

https://bejakovic.com/sme/

I teased, promised, and threatened, and yet it’s not here

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I woke up this morning, confused about where I am and what time it might be.

It’s day one of my U.S. trip. I’m only just beginning the adjustment to the time zone change from Europe. I expect the adjustment to continue until it’s time for me to fly back to Barcelona.

In my confusion this morning, I checked my inbox and saw the many dozens of emails that had accumulated since yesterday. One email stood out.

“Uh-oh,” I said to myself. “That’s a problem.”

Because yesterday, I teased, promised, and threatened that today I would start promoting an exciting and legit business opportunity for working copywriters.

Well, as that email informed me, this promo has now been postponed.

As with most legit business opportunities, you gotta get on a call before you can buy. And as I found out this morning, the guy who does these calls is “taking a step back for urgent personal reasons.”

So I will not be promoting this exciting and legit business opportunity in my email today. Instead, my teasing of this business opportunity continues, and I will be promoting it in the future.

Meanwhile, since I had to adapt my plan for today, I’d like to share the following quote with you. It’s from one of the most successful direct marketers of all time, Joe Sugarman, of BluBlockers fame.

​​Joe was talking about a glaring objection in a product he was selling once. And he wrote:

“I recognized this as a problem that had to be addressed in our copy. And since I look at problems as opportunities, I wondered, ‘Where is the opportunity in this serious and rapidly growing problem?'”

I read this in the early days of my business and marketing education. And that “problems as opportunities” bit has stuck with me ever since.

Here’s a second quote I read only yesterday. It comes from Brad Jacobs, who started 7 billion-dollar companies so far in his life, and who recently published a book about his experiences, titled How to Make a Few Billion Dollars. Jacobs writes:

“Embrace everything that comes your way, the good and especially the bad. And don’t just accept adversity — figure out how to capitalize on it.”

So there you go. My tip for you for today, via Joe Sugarman and Brad Jacobs:

Train yourself. Change your mind. And the next time you come across a problem — big or small — tell yourself to look at it as an opportunity. In time, this attitude may lead you to a few billion dollars.

In my case, the fact that my planned affiliate offer for today fell through is an opportunity to promote something of my own.

So let me remind you of my Simple Money Emails course. It’s all about writing easy and fast emails that you can use day after day to adapt to problems and opportunities in your business, and even to use them to build credibility and trust with your audience.

For more information on Simple Money Emails:

https://bejakovic.com/sme

Darkness at 1pm

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It’s 1:34pm as I write this but it’s dark.

​​I’m inside a freezing Boeing 777 somewhere above the Atlantic ocean, flying from Barcelona to New York.

Lunch is over and now the crew has walked down the cabin, telling us to put the blinds down. I can only guess that this is an attempt to reduce future jet lag. Like kindergartners, it seems we passengers have to get our afternoon nap.

Lots of things happened to me on the way to the plane today.

And lots of things happened in my business over the past 24 hours.

I thought of different ways to try to fit the most important and interesting of these events into my email today.

Fortunately, I remembered all the student emails I’ve critiqued over the past few weeks as part of my little Write & Profit coaching program.

One thing I’ve been repeating often to the folks in that group is that they are trying to do too much in their emails… to say too much… that what they have is really two or three or even nine emails’ worth of content.

So let me stop myself and leave you with this advice for today:

If your email isn’t clicking, you are probably trying to say too much.

Now that I’ve told you that I’ll go back to sitting in the dark, or maybe I’ll take that kindergartner nap.

I want to be in shape for tomorrow so I can get to the last of the affiliate promotions I’ll be doing for the foreseeable future, and tell you about an exciting and legit business opportunity for working copywriters.

The lucrative opportunity of Twitter ghostwriting

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I recently found out about the shadowy world of Twitter ghostwriting. In the shell of a nut:

People will write on your behalf on Twitter, if you pay them well. They will pretend to be you, so you can grow your audience and business and status.

I was actually considering hiring somebody to do this for me. Not for this newsletter, but for my health newsletter.

I asked around how much it would cost.

The answer came back:

$5k-$6k per month, if you want somebody to genuinely tweet newish content on your behalf day in and day out.

I also had a business owner who employs copywriters in other capacities quote me (“at cost,” he said) $500 a week just to take my existing newsletter content and repurpose it into 10 pieces of Twitter and LinkedIn fodder.

Quite the racket, I think. ​But it wouldn’t exist if somebody wasn’t getting value out of it on the other end.

​​In fact, Alex Lieberman of Morning Brew, who I wrote a lot about last week, feels so confident about this Twitter ghostwriting opportunity that he recently started an agency providing just this as a service.

But back to work:

You can pay somebody $5k per month to pretend to be you on Twitter. Or you can pay Kieran Drew just $297, one time, to learn how to be yourself on Twitter, or something close to yourself, and to have tens of thousands or hundreds of thousands of people follow you, listen to you, and ultimately buy from you.

Kieran should know about this. He’s succeed at it himself, and he’s taught and coached a small country’s worth of other people to succeed at it as well.

But the opportunity is disappearing.

Not because Kieran has spilled his secrets on social media writing. There’s enough audience out there for all of us, because only 1 out of approximately 714 people will ever write a single line of online content.

But the opportunity is disappearing. Because later tonight, specifically at 12 midnight PST, Kieran’s High Impact Writing is going back in its secret silo, somewhere in the north of England where Kieran has his lair.

If you’d like to get Kieran’s High Impact Writing while it’s still available, and while the price is still an attractive $297 rather than the explosively higher price it will be in the future, then I suggest you act now.

I also suggest you act now if you want to get the recordings of my Age of Insight training, which sold for $297 when I put this show on a little over a year ago.

Age of Insight shows you how to write in an insightful-sounding way, even if you have nothing very insightful to say.

I’m offering these recordings for free as a bonus to Kieran’s High Impact Writing. But that’s only if you act before the deadline.

If you’re interested, take a look here:

https://bejakovic.com/hiw