Rich Schefren

The most “dangerous” idea in America?

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“I worry that I should be doing something bigger with my life.”

I have this friend. Many years ago, he came to America on a work-and-travel visa. He stayed and he built a little business. Through this little business, he made the 4-hour-workweek a reality in his life.

Ever since, he’s been making good money each month by sending a few emails and making a few phone calls. The rest of the time, he travels the world, has fun, and chases women.

“But I worry I might be wasting my time,” he told me when we spoke. “Maybe I should be working to save the children or make the world a better place.”

My answer to him was that there’s value in thinking small, and that leading a life of modest impact is a virtue. And vice versa. I believe that thinking big is flat-out dangerous.

Maybe you find that thinking perverse or even repugnant. So let me give you a few examples to back up my case:

1. The Soviet Union. From everything I’ve read, the people who laid the groundwork for Bolshevism were the best and brightest and most humane of their generation. They thought they were building a better world. And yet the result was a monstrous machine that took decades to dismantle.

2. Google. Just today I read how the Federal Court in Australia ruled that Google has been willingly misleading consumers. Google continued to track consumers’ locations, even after they had turned location tracking off.

Of course, Google didn’t start out being a power-hungry, inhuman monolith. Not long ago, it was just two PhD students, whose motto was “Do no evil.” They were looking to improve access to information, and make the world a better place — on a big scale.

But maybe you don’t care anything about Bolsheviks or Google’s surveillance. Maybe you just want your own big business that makes big money. So let me tell you why smaller might still be a safer bet.

It’s something I heard Pete Coyne say a few weeks ago.

As you might know, Pete started out as copywriter at Agora. He then became a publisher there, which means he ran an entire division. He built up this division from scratch to over $100m.

In short, Pete is a smart guy, and somebody who knows more about building big businesses than most of us ever will.

And yet Pete said the following:

“A lot of people chase scale. They want to scale their business. And I feel there’s a lot of gross number porn out there. 7 figures… 100 million… 500 million. That’s not really a great thing a lot of times. Usually, your headaches explode with your revenue… your exposure to lawsuits and regulations goes up.”

Instead, Pete said there is a magic number for yearly revenue. Once you get to it, you’re better off spinning up a new business than trying to grow what you’ve got.

Not only will this save you headaches and lawsuits, says Pete, but you might actually net more money in the end.

And this  is not only thing I heard Pete share.

He also talked about three “monetization events.” He calls these “gray labeling,” “demographic jumping,” and “USP flipping.”

​​Each of them is a quick, low-risk way to create revenue bumps in your business. And none of them requires doing anything very different from what you’re already doing. Just make sure you don’t shoot past the magic number.

Maybe you’re getting tired of the teasing. So let me get to the point:

I heard Pete say all these things in this month’s Steal Our Winners.

Once each month, I push you to check out Steal Our Winners. Because in my opinion, it’s the best value out there if you are interested in direct marketing or have a business that uses direct marketing.

In a nutshell:

Each month, Rich Schefren interviews a bunch of high-profile marketers like Pete Coyne. Rich gets these marketers to spill valuable ideas and information. There’s no fluff or self-promotion. Just valuable ideas, most of which you can apply immediately.

And it’s all available for an unthinkable monthly price. Plus you can even get a low-risk trial month, for a $1 entry fee.

So in case you’re curious, you can find the $1 Steal Our Winners offer at the link below. And if you act fast, you can probably still get the Pete Coyne segment. Here’s the link:

https://bejakovic.com/sow

The trick behind the magic in Gary Halbert’s unbeatable copy?

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Do you believe in magic? Maybe you will after the following story:

After Gary Halbert died, a former client of his approached Dan Kennedy. The client wanted Dan to try beating a control that Halbert had written.

To Kennedy’s eagle eyes, Halbert’s control certainly looked beatable. There were obvious things that Kennedy could see to attack. Besides, the control was written years or decades earlier, and was starting to fatigue.

So Dan Kennedy, expert copywriter that he is, tried to beat Halbert’s control — and he failed.

Looking back on it, Kennedy said there was some magic in Halbert’s copy. You couldn’t see it… but it was there, and customers responded.

Do you believe that? The magic part? In case you do, let me tell you a second Halbert story, which might shoo the magic away:

Back in the 2000s, Halbert got into daytrading. He was making money daytrading online. And being a direct marketer, he naturally started selling his expertise to people who wanted to learn daytrading also.

And get this:

Halbert went to daytrading school. Even though he already knew what they would teach him. In other words, he paid some guy a lot of money and went day after day… month after month… to hear stuff he already knew and was already doing.

Why would he possibly do something so silly and wasteful?

According to Caleb O’Dowd, who apprenticed as a teenager under Halbert, it was an act of undercover copy detective work. Halbert went to daytrading school so he could hang out with all the other would-be daytraders, and talk to them, and hear their stories and fears and motivations. Day after day after day.

Maybe that’s how the magic got into his copy.

Caleb said this is the kind of thing very few marketers are willing to engage in. But those who do inevitably wind up at the top of their market. They don’t just succeed, they have breakthroughs, and they make millions.

Anyways, this was one little snippet I heard during Caleb’s segment in this month’s issue of Steal Our Winners. Caleb’s segment was about how he goes into markets where he has no business being, and how he quickly rises to the top in spite of established, bloodthirsty competition.

If you want to know how he does it, I’ll tell you:

Caleb comes up with offers that overcome his lack of credibility, and which can compensate even for poor advertising.

If you want to know the full details of the offers Caleb makes, I suggest you check out his Steal Our Winners segment. From what I understand, the issue is still available, for a grand investment of exactly one (1) of your dollars.

You can find out more at the link below. But first, a warning:

The link below is an affiliate link. That’s because last month, I wrote an email promoting Steal Our Winners with no affiliate link, since I think what they’re doing is so great.

And then Rich Schefren and the good people at Agora got in touch with me and offered to give me a cut of your $1, should you choose to wager it.

​​Perhaps take that into consideration when deciding whether you truly want this information. In any case, here’s the link:

https://bejakovic.com/sow

An inspiring case study plus Dan Kennedy’s best stuff for cheap

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Today I want to share an inspiring business case study with you, plus how you can get Dan Kennedy’s best teachings for cheap.

First the case study:

I’ve followed the writing of a guy named Glenn Allsop for years. Glenn writes about SEO and business opportunities. He’s very smart and very dedicated and very willing to share just about everything on his blog.

And Glenn just came out with a big new post titled, Generating Six-Figure Profits from $40 SEO Audits.

It’s just what the title says — amazing when you consider that an SEO audit is something most people can’t give away, much less make a business out of.

There’s a ton of valuable ideas in Glenn’s post, and if you’re offering any kind of service (copywriting, design, video…) it’s worth reading in full. But today, I want to share just one thing that I found most striking out of the whole case study.

Because really, why would a highly successful guy like Glenn waste his time doing tiny $40 jobs, even if it did result in decent profits? He has other business ventures that could earn him much more.

But here, from Glenn’s article, are a few things that came out of all this $40 work:

I’ve advised CMOs at billion dollar brands. Audited the official site of a major European football league (one of the big five). Directly connected with the owners of multi-million dollar per month affiliate sites, and spoken with the founders of dozens of TechCrunch-featured companies.

A $40 audit started our interaction, but then so many more things came as a result of these. Especially when people see how I look at their websites and point out things they just hadn’t thought of.

This brought to mind something I heard Rich Schefren say he heard Dan Kennedy say:

“Put your best stuff in your lowest-priced stuff.”

Glenn took this to an extreme, by actually doing per-hour, custom work for people. You may or may not want to do that. If you don’t, you can still create some kind of low-priced offer — a book, a course, a 10-minute sample of what you do — and make it absolutely amazing.

You never know who will take you up on your bargain-basement offer… or how much money they will be willing to spend with you after. That’s how Dan Kennedy got a lot of his clients, according to a recording I heard of him recently. And that’s why, if you want the best stuff that Dan has to offer… you will find much of it available for a few bucks a piece, right on Amazon.

Perhaps that’s not what you were hoping to hear. In that case, I can tell you you won’t like my email newsletter, because it’s filled with obvious value, rather than “secrets” or urgent opportunities.

However, if you are a reader, and you’re patient, then my email newsletter might suit you better. If you’d like to give it a try, here’s where to join.

How to get free consulting from high-paid experts

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I was just listening to January’s issue of Steal Our Winners, where Rich Schefren somehow gets top marketers to share what’s working for them right now.

So today I listened to a guy named Seth Greene, who is new to me but apparently has deep roots in the Internet marketing community.

Seth made a throwaway comment that I thought was very valuable. And since it was a throwaway comment, and not the main topic of the presentation Seth was making, I think it’s ok to share here.

In a nutshell, Seth revealed how he gets free consulting from high-paid experts.

High-paid? Like who?

Like Russell Brunson, the face and CEO of ClickFunnels. Russell charges $10,000 for lunch (“to pick his brain,” according to his site) and $1M if you’d like him to get up out of his La-Z-Boy and build a funnel for you.

Those rates might sound outrageous, but they make sense. Because Russell’s ClickFunnels did $100M+ in 2020, and is valued at over $1B. In other words, this guy’s time and expertise is valuable.

And yet, Seth got two separate consulting sessions with Russell for free. Seth got to ask all sorts of questions that were relevant to his own success… and had Russell thinking hard to come up with the best and most valuable answers.

And maybe I didn’t mention this enough, but this consulting was all free. So how did Seth do it?

Easy. He invited Russell onto his podcast.

This is a new spin on the value of a podcast I had never thought about. Maybe it’s new to you too, and maybe it’s something you can use starting today.

“Yeah right,” you might say. “Even if I had a podcast, which I don’t because who would listen to me, how would I possibly get Russell Brunson on my show?”

Well, that’s a part (just one part) of what Seth shared in his Steal Our Winners segment, which is titled, “How To Recruit A Cult Of 50 Evangelists To Promote Your Brand For Free.”

Make no mistake. Seth’s system will take work. And it will take time. But it’s doable for anybody, even if you don’t have authority, charisma, or a deep budget.

And I think that if you head over to Steal Our Winners now and sign up, you can still get the January issue, and Seth’s presentation inside it. In case you’re interested, here’s the link:

https://bejakovic.com/sow

The aggressive other meaning of “money loves speed”

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“There is absolutely nothing you can ever do or say that is MORE attractive than escalating quickly. Not teasing her, telling stories or having lots of social proof. Nothing comes close. Fast escalation beats them all.”
— 60 Years of Challenge

Marketing legend Dan Kennedy has a famous saying that “money loves speed.”

For the longest time, I thought that meant working faster, producing more content and offers, and getting paid more. It definitely makes sense given that Dan himself was (probably) the world’s highest paid copywriter for a time. His secret? He wrote faster and more than anybody else.

But maybe that’s not all there is to this saying.

Maybe it’s about making more money through fast product fulfillment and customers service… or through the promise of speedy results or relief from pain… or even through concentration-enhancing drugs like Ritalin.

Well, maybe those are a bit far-fetched.

​​But here’s something that’s almost certainly true. I didn’t think of it myself, but I managed to catch it when two successful marketers (Rich Schefren and Kim Walsh Phillips) mentioned it during a recent interview.

What they said was that ascending customers quickly means you will make more money.

And if you don’t know what I mean by ascending, it is standard direct response stuff: you first sell somebody a $47 newsletter, then a $197 course, then a $4997 yearly subscription service.

And what Rich and Kim were saying, as an interpretation of Dan’s “money loves speed,” is that the faster you do this — all in the same sitting is just great — the more money you will make.

Fast ascension. Not waiting weeks, months, or years to push your customers to the next level of commitment with you.

Which is pretty much the same thing you will hear in the pickup niche, where they talk about “fast escalation” as the end-all technique to attracting women.

Perhaps you find this off-putting. Or too aggressive. Perhaps it’s not for you.

But I think it’s good to at least keep it in the back of your mind. Because money — and women — love speed.

Since you’ve read this far, let’s try some fast ascension:

I write a daily email newsletter about marketing and copywriting. It’s not for everybody. But maybe you will like it. If you’d like to sign up, click here.

“I’ve made a huge mistake”

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I loved the original run of the TV show Arrested Development, in large part because I identified with the no-good character of Gob Bluth.

If you’ve never seen the show, I can’t do it justice here. So let me just say Gob is an irresponsible, childish, struggling stage magician.

He doesn’t think too far ahead and he consistently jumps into problem situations, such as making unintended marriage proposals or voluntarily going to prison. This sets him up for his catchphrase:

“I’ve made a huge mistake.”

Like I said, it might not be funny here in this post, but it’s funny in the show. And it’s funny because I, and I guess many other people, know that sinking feeling.

It happens when you’re here on your grassy but dull knoll… looking at that other grassy but sparkling knoll over there.

Your desire builds until it becomes unbearable. So you charge down your grassy knoll and up the other grassy knoll. And once you reach the top, all sweaty and winded, you notice this new grassy knoll is no better, and is probably worse, than where you started.

“I’ve made a huge mistake.”

Thing is, this pre-existing condition in the human mind — that anything else must be better than what you’ve currently got — can be exploited for sales.

Don’t take my word for it. It’s an idea that many successful marketers have expressed in slightly different ways.

Todd Brown advises not selling improvement on what your prospect already has, but a new solution.

Rich Schefren’s koan for this is, “Different is better than better.”

And Dan Kenendy says, “Sell escape, and not improvement.”

But doesn’t that mean setting your prospect up for a huge mistake? It certainly can. But if you are more forward-thinking than Gob Bluth, then you will water and prune your grassy knoll… so when your prospect arrives, all sweaty and winded, he will see the grass truly is greener there.

And now for something completely different:

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From good-looking and talented to star in one easy step

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In 1969, Robert Redford was a good-looking, talented, accomplished actor. But he was not an A-list celebrity. “Throw a stick at Malibu,” said a Hollywood insider, “and you’ll hit six of him.”

And yet, after a single movie (Butch Cassidy and the Sundance Kid), Redford became the biggest star in Hollywood — not just for 1969, but for the entire coming decade.

In 2009 (or thereabouts), Rich Schefren was a successful and respected online entrepreneur and business coach. But he was not the no. 1 name in the Internet marketing space. He was certainly not getting mainstream attention.

And yet, after writing a single 40-page report (The Internet Business Manifesto), Schefren became a star in his field. Millions of downloads of his report followed, along with hundreds of new clients, and even the attention of big brands like Verizon.

My point is that a single piece of work can make you a breakout success. It can transform you from somebody who is skilled, prepared, and talented… into a star in your industry.

Unfortunately, I don’t have a recipe for you to become an A-list Hollywood celebrity.

I do have a good idea of how Rich achieved such big success with his Internet Business Manifesto. He’s been open with his strategies, and if you start following him online and going through all the content he’s publishing (a good use of your time), you’ll get the idea too.

However, if for some reason you don’t have time… or you hate the idea of following Rich Schefren… you’ll find the gist of Rich’s strategy in Commandment 7 of my upcoming book on valuable ideas handed down by A-list copywriters.

(Rich, by the way, is not an A-list copywriter. He’s just a very successful marketer, and somebody I’m using to illustrate a copywriting technique, which works just as well in the Internet Business Manifesto as it does in a cold traffic sales letter.)

Anyways, I’m making good progress with this little book, and it should be out by the end of this month. If you want to get notified when my book comes out, you can sign up for my daily email newsletter.

A close entrepreneurial shave

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I’ve just had the most homoerotic experience, if not of my life, then certainly of the past 14 years.

I paid a man, much younger than me, to massage, caress, and pinch me. He did his job dutifully for almost exactly a half hour.

I won’t lie to you. I was massively relieved at the end of it. And with the transaction over, I couldn’t wait to get away.

So I handed the young man the equivalent of about $7, wrote my name on the obligatory covid-tracking sheet, and ran the hell out of the barber shop.

It never occurred to me to get a professional shave until today, but I’ll try anything once. And to be honest, I was chuffed with myself for going through this experience.

Only thing is, the shave wasn’t very good.

I realized it once I got home and checked in the mirror. I looked like a disheveled computer science professor I once had — smooth cheek on one side, five o’clock shadow on the other, uneven bits of stubble under my nose, tiny blotches of blood everywhere.

There was nothing left to do but get out the trusty Sensor Excel and do the job right myself.

So why is this relevant to you?

Probably no reason. Except in the unlikely case that you are an entrepreneur, or want to become one, but the thought of hiring people and managing them gives you the runs.

In spite of all the outsourcing porn and the advice about focusing on your most valuable 20%, the fact remains that you are still probably the best person to do many jobs around your business.

Sure, that can be a terrible limiting factor. But some business owners go surprisingly far by being a one-man band.

And in any case, if you hate the idea of recruiting, hiring, training, and keeping employees happy, then you might not have any choice.

​​​If this side of your personality is truly ingrained, then better accept it and figure out how to live with it.

​​As business coach Rich Schefren likes to say, “Put your shaving goals ahead of your massage goals.” No, I got that wrong. “Put your business goals ahead of your personal development goals.” That’s right.

But if you want to do things by yourself, you’ll need to get some good advice. I can’t help you with shaving. But for marketing and copywriting advice, you might like my daily email newsletter. You can sign up for it here.

Two multi-millionaire marketers go into a cigar bar…

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Today I was listening to the newest edition of Steal Our Winners, and Internet marketer Rich Schefren told a quick story.

He said that around 10 years ago, he started writing daily, slice-of-life, Matt Furey-style emails, much like what you’re reading now.

And then, at a cigar bar, he ran into Mark Ford. Mark is a big-name copywriter and one of the main guys behind the direct response juggernaut Agora.

“Look, this is the poor man’s Agora,” Rich said to Mark about those daily emails. (Then, as now, Agora was sending out emails every day, real serious editorial stuff.)

“Actually, I like this better than what we do at Agora,” said Mark. “And let me tell you why.”

The gist of it was, Rich’s slice-of-life emails were sometimes short, sometimes long. Sometimes a paragraph, sometimes a page.

That kept the reader guessing.

The reader could never say, “Oh I don’t have the time to read this now.” That meant each time an email hit him, he couldn’t dismiss it.

I think there’s a lot of wisdom in what Mark Ford said. It makes good sense to keep your reader guessing, and not just about the length of your emails.

I could tell you more.

But in the interest of keeping this post short, well… all I can say is, if you want more, you can sign up to my daily email newsletter.

Tempting your prospect into adultery

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I just read an Atlantic article about why people cheat, even in seemingly happy relationships.

The article describes the case of one Priya, a dutiful woman married to her “dream guy” but cheating with a tattooed truck driver. Priya is torn and miserable about how she is risking it all and how horrified her husband would be if he found out. But she can’t let the affair go.

It seems to me the real reason why people cheat is unknowable, even to those doing the cheating. ​​My theory is that people do these kinds of things from layers upon layers of deep and hidden motivations, which are usually plastered over by a story the cheater tells him or herself (“There’s no more passion in my marriage,” “It just happened”).

But enough about sex. Let’s talk marketing.

Specifically, let’s talk adultery, but within the context of getting people to start cheating on their current solution, and having an affair with your offer instead.

Fact is, if somebody is in a given market, then they have problems and deep motivations that are not being satisfied by the current solution they are using. That’s by definition. If they were perfectly satisfied, they wouldn’t be in your target market.

And there’s a clever way to tell your prospects a story that gets their minds and wallets a-wandering. It’s a combination of something I heard from marketers Stefan Georgi and Rich Schefren. And it’s something I’m writing up in a little book I’m putting together just now.

That book will be out in the next few weeks. If you’d like to get notified when it’s out, so you can read about this little adultery-causing technique, you can sign up for my daily email newsletter.