Learning

Boiler rooms in Tirana

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A couple weeks ago I was in Tirana, Albania. I got to talking with one of the locals and it turned out he works in a boiler room.

“We do forex,” he explained. “We invest their money for them. Actually, we just take their money.” He shrugged. “Which country are you from?”

“Croatia,” I said.

“Ah. We don’t have any clients there. But Germany, Italy, France, Poland, Hungary — yes. I manage the sales team for the Hungarian market. It’s a very good market.”

I couldn’t believe it. “You have a team here of Hungarian forex sales people?”

“No no, all Albanians,” he said. “They learn a few phrases in Hungarian, the rest is in English. But it’s ok. These lawyers and doctors we call all speak good English.”

“Greed is universal,” I said to myself. “But how do you know who to call? How do you get their number?”

He looked at me like I’m an idiot. “They see an ad on the Internet. They click. They fill out the form with their info. Then one of our sales guys calls them. Then they give us all their money.”

Now I’m not an expert on boiler room tactics. But from what I know, it sounds like the same stuff that worked in 1972 works still in 2022. It’s just that the base of operations shifted from Chicago and Jersey City to other, less regulated locations like Tirana.

But the same system continues to work.

Of course, you don’t have to be a scammer. This basic funnel works even if you’re selling a legit, high-ticket offer, which can genuinely benefit your customers or clients. The sales system doesn’t care what you’re selling.

And equally as of course, this is not the only way to sell.

For example, the type of daily emails I write. Very hot right now. Many businesses want to do something similar. The promise is that you can build a relationship with your marketplace… without hard-selling… and instead, based on trust, influence, and personality.

Which is all true. But it ain’t new.

It goes back to Matt Furey… who probably got it from Dan Kennedy, who was sending weekly faxes, very similar in tone and content to what you’re reading now, but 20 and 30 years ago.

And if you asked Dan — if you could get him on the fax — I’m sure he would say that what he was doing then wasn’t new either. Somebody in the 70s and 50s and probably 1920s was probably doing the same long-form, personality-infused, frequent-contact marketing — just in a slightly different format.

So my point for you is that there’s a lot of value in knowing the history of your industry. Don’t be a scammer — I’m not advising that. But there’s almost nothing new under the sun, and it pays to know what came before you.

Which brings me to my offer, in case you didn’t take me up on it yesterday.

It’s to get a free copy of my Niche Expert Cold Emails training.

Because in my early days of working as a freelance copywriter, I hit upon two cold emails that got me client work.

​​Both of them were different from other cold email techniques out there. But I doubt they were truly new.

​​Had I been a better student, I probably would have found these ideas sooner, instead of having to wait to discover them on my own.

Whatever. You can do better than I did. Take advantage of my experience instead of fumbling around in the dark. Especially now that it’s free — well, free in money terms. For the full details:

https://bejakovic.com/free-offer-niche-expert-cold-emails/

Things “worthy of compliment” in 12 of my competitors

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I recently finished reading a book called NLP about NLP by two NLP experts, Steve Andreas and Charles Faulkner.

I’m interested in somehow patching a few Y2K-sized bugs in my own brain software, and so this kind of neural programming stuff is right up my alley and then through a little door.

Anyways, at one point in the book, Andreas and Faulkner advise the following:

“Find what’s worthy of compliment in your competition. Since you have been encouraging yourself to be complimentary to others, your senses have been opened and relaxed. You will have undoubtedly found yourself acquiring the skills of others without directly concentrating on them.”

Too easy? Who knows. I decided to try it out.

But then right at the start, I hit a snag. I had trouble coming up with my “competition.”

There’s nobody I really think of in that way. That’s the whole point of writing daily emails and creating unique offers like Copy Riddles.

But ok — ultimately, I am competing for people’s attention, for space in their inbox, for their hearts and minds, and possibly for their learning and growth dollars.

So I made a list of 12 such competitors. They all either write daily emails or have something to do with direct marketing.

For each competitor, I listed the first thing that came to mind — stuff they do, which I admire.

​​It turned out to be a surprisingly fun and eye-opening exercise. I suggest it to you — whether you’re a business owner, marketer, or freelancer.

Perhaps you’re curious about my list. You can find it below, with the names stripped out. After all, my goal today isn’t to name drop in bulk or to call people out.

But perhaps you can still guess who I have in mind — all are people I’ve mentioned previously in my newsletter. And here’s what’s worthy of compliment in each:

1. Willingness to get on camera regularly in spite of having the charisma of a bag of lentils
2. Community management
​3. High-priced offers
​4. A business built around a single core product that’s been running for years
​5. Emotional copy in spite of being very emotionally flat as a person
​6. Personality-based emails
​7. Writing fast
8. Surprising historical anecdotes
9. List building
10. Self-aggrandizement
11. A deep trove of personal experience and interests
​12. A really unique viewpoint

If you’re in the marketing and copywriting space, all these people will probably be familiar to you.

​​Except perhaps #8. He is well-known, but is not in the marketing space.

A​nd #12. He was once a direct marketer, but is today something… not quite definable. If you’re curious, I’ll tell you more about him, including his name, in my email tomorrow. You can sign up here to read that.

The smart way to discover secret new opportunities

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I have a friend visiting from out of town, so last night I took him to a unique restaurant.

The entrance is hidden. You have to walk in off the street, through a dark and smokey hallway that doubles as a cafe, at the end of which, a door opens up into a series of large rooms.

The restaurant itself is bright and full of people, all eating large platters of veal and lamb… and then stuffing forkfuls of chocolate mousse down their throats and washing it down with red wine.

It’s one of the better places to eat in town. And yet it’s so easy to miss when you’re walking down the street. The only reason I know it is because my dad took me here many years ago.

Lots of things in life can be like this.

For example, I first read the 4-Hour Workweek some time in 2011. It got me intrigued about the idea of online businesses.

“Wouldn’t it be nice,” I thought, “if there were more info like this?”

It took me years to discover that, yes, there is a ton of info out there about copywriting and marketing and making money online. I found it eventually by poking around the Internet and following clues and reading and exploring. But I wasted a lot of time.

That’s one way to discover restaurants, too.

You can go online, look over dozens or hundreds of restaurant listings on Yelp or Trip Advisor…

Read a bunch of reviews for the ones that look interesting…

Then try out the best candidates one by one.

It’s one way. But the more I go through life, the more I realize it’s a slow and wasteful way.

A much better way is to have somebody knowledgeable take you by the hand and say, “Here, there’s this incredible opportunity right behind this dark and smokey hallway.”

​​And just in case you’re wondering… it’s easier to have this happen than you might think. All you really have to do is to talk to people… be interested… and be open to new suggestions.