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The Linchpin - Bill - S Summary
The Linchpin - Bill - S Summary
The Linchpin - Bill - S Summary
- The real problem: Forgot about little "continuity arrows" and instead just drew
more rungs on the ladder.
- The Linchpin guides the entrepreneur's visionary thoughts into a productive
revenue model and ensures that all ideas anchor back to solving real business
needs
- The Linchpin solves: Daily Cash Flow & Daily Lead Flow
- "Truly, cash flow is king."
- Focusing on continuity dramatically increase customer experience
- "The Linchpin is about creating one theme that your offers all attach to"
Chapter 1 - The Linchpin
(The Simple, Overlooked Secret In My Funnels That Took
Clickfunnels From Startup To 9 Figures A Year...
(In Just 3 Short Years))
- A business model all coaching clients inside 2CCX Coaching Program follows, a
model all Russell Brunson's Inner Circle members implements, a model all of RB
companies follows
- "if something doesn't fit into this Linchpin model, then we don't do it. Yes, it's that
important."
- Only making money whenever RB did a webinar and Todd Dickerson wasn't happy
with it (he wanted to build up a company with residual, recurring income)
-"I saw the power of monthly recurring revenue. Sure, the webinar sales created a
chunk of cash flow... But the REAL MONEY was made in the continuity"
- Quoting Dan Kennedy: “Ultimately, the business that can spend the most to
acquire a customer wins.”
- The Linchpin Model enabled RB to outspend every other business in his industry
- Quoting Steve J. Larsen: “The Linchpin is basically the Value Ladder with rules.”
- The Linchpin Framework: Helps structure the offers in your Value Ladder for
maximum profit and scalability. In other words, it's basically your Value Ladder with
rules.
- Create your own Linchpin Framework with the following 9 steps:
- Do not need to build out the entire Linchpin framework before launching it.
- Linchpin is the best way to scale your business because your SLO becomes what
everyone uses for their main source of business revenue.
Chapter 2 - Continuity
(Without CONTINUITY You Don't Have A Business)
- STEP 1: Create Your Continuity Or Subscription Program (You'll create a continuity
program to get paid on a recurring basis)
- Quoting David Grey: If you don't have continuity... Then you don't have a business
- "Every promotion's goal was no longer just to make some quick money, but instead
they were designed and orchestrated with one goal in mind: How do we get more
people into continuity or membership by creating this product or doing this event?"
- Quoting Bill Glazer: We're in the two-things business: the business of 'getting
members' and 'keeping members'
- Get people into your continuity program and help them stay. Continuity is the key!
- Should NOT sell lifetime access to your continuity
1) Software - Clickfunnels
2) Print Newsletters - NO B.S Magnetic Marketing Print Newsletter
3) Supplements - Ladyboss
4) Membership Sites - Netflix
5) Box Of The Month Club - Mark Robert's Build Box
6) Other - Gyms and Amazon Prime (service-based)
3) Inner Circle
(Inner Circle: $50,000/year)
(Category Kings: $150,000/year)
(Atlas: $250,000/year)
1) Repair (fixing something that was broken): We're helping a member implement
the concept we taught in the masterclass
2) Improvement (making something a little better, faster, easier): We're helping
our members improve and become better inside the new opportunity
3) Replacement (replacing whatever they were doing with a new way of doing
something, that is the new opportunity): This is the BEST choice, and covered in
greater detail inside Expert Secrets
7 Core Elements to a successful continuity program and membership
site that will help your members find success and stay in your continuity.
1) New Opportunity
- You'll create a Success Path with your new opportunity (that is the framework that
produces your members' desired result).
2) Consumption
- You'll help your members consume the content by adding a members only podcast
3) Monthly Improvement
- You'll help your members improve each month by giving them a Masterclass
training on a certain topic from the Success Path and a Backstage Pass to show how
you're implementing that topic.
4) Monthly Repair
- You'll help your members fix what they implement from the Masterclass training in a
Member Makeover.
5) Library / Archive
- You'll help your members gain mastery by offering carefully curated deep-dive
training, courses, files, and templates in your library / archive.
6) Community
- You'll help your members gain connection by creating a group for them to talk to
each other.
7) Ascension
- You'll ascend your members into higher membership levels with you by inviting
them to join and ascend your Value Ladder.
Element 2: Consumption
- "If your members don't consume your content, they won't stay for very long."
Element 7: Ascension
- Quoting Dan Kennedy & Bill Glazer: How do we get our members to ascend to
the next level so we can increase the amount of money every member spends over
time?
- EG: After buying Magnetic Marketing, we added internal ascension into our
Magnetic Marketing brand.
1) Level 1 - Gold: $97/mo.
2) Level 2 - Diamond: $297/mo.
So, if you're a Gold member, you'll get sent to a landing page that will show you all
the amazing benefits of upgrading to a Diamond member.
Levels Of Continuity
- Quoting Russell Brunson: "People will spend more money for the same content
packaged in a different way"
MIFGE HOOK
- Create a hook to promote your MIFGE
- Refer to "Magnetic Marketing" hook; It's an irresistible offer, and you want to lead
with that right away
- Key Phrase: "All you have to do is say "MAYBE”” on the sales page; The key with
the MIFGE is to delay their decision to say "Yes" right now.
- Intention: Get your lead to say "Maybe", get a free gift, test drive it, and see if they
like it, and if they don't, they can cancel.
- Examples of RB's Favourite Phrases to use in the messaging on his MIFGE sales
pages:
MIFGE STORY
- Develop a story about why the offer matters right now
- Use a story to put a spin on your MIFGE to help it convert.
- Few options that helps to tell a story about your MIFGE offer
* Examples below:
MIFGE OFFER
- You'll create an offer that includes your continuity + bonuses (digital and/or
physical)
- Include a free 7-days, 14-days, or 30-days trial
- PRO TIP: Don't do forced continuity or put your continuity on upsells or order
bumps because most people don't read those carefully
- Use words like "subscribe" front and center so they know exactly what they're
signing up for.
- WARNING: DO NOT HIDE YOUR CONTINUITY
* This is the fastest way to lose your merchant account, get upset customers, and
create ton of headaches
* Core issue on hand is to SELL CONTINUITY, so don't put it into the stack as a tiny
bullet point that no one will see.
* Talk about membership benefits and why someone would want to be a member.
* Show them the bonuses or bribes.
- Increase the value of the offer by adding a bunch of digital and/or physical products
to push them over the fence to join your continuity
- More doesn't mean better; You want to help them, not overwhelm them
- MIFGE offer shouldn't be a "complete" product; Quoting Ryan Deiss: "your MIFGE
should be useful, but incomplete"
- Pro Tip: Internal Pressure Launch can be used to launch any offer.
Week 1: List Building (Prepare Yourself to Catch Them) -
Curate your personal page on Facebook and create a
"Coming Soon" page.
I want to make sure this is the best thing in the world. So, what do you want me to
make sure I cover in it so you get all your questions answered and it's exactly what
you need?
- 6-Days email sequence to push them off the fence and into your customer list!
- With the exception of Day 1, create a Facebook Post and send out an email to all of
your social media channels and your lists
Day 3: Why...
* Answer the question: "Why are you doing this?"
* They might wonder why you're giving it free when you could sell it for $1,000. Let
them know you're giving it away for free because you want them to be part of your
membership, so you thought you would just give it to them for free so they could find
success quicker
- Examples Below:
* When someone joins your list: Send them emails thanking them, welcoming
them, and inviting them to take their next step with you.
* When someone opts in for a product funnel: Send a specific email sequence
designed to help them buy after a set number of days
* When someone buys a product: Send them emails thanking them, giving them
access to what they bought, and inviting them to take their next step with you
For your offers, you should create (at a minimum) a Soap Opera Sequence for:
* When someone joins your list (be sure to invite them to buy the offer)
* When someone buys your offer (after you give them access, you can ascend them
to your next offer)
2) Seinfeld Emails
- AFTER they completed all our Soap Opera Sequence emails, they drop into our
daily broadcast emails.
- Send an email daily with an invitation to take an action to your offer at the bottom of
every email
- Encouraged to write email daily (3-5 times per week) and push them to your offer
- Money is in the list; Prioritise building your email list so you own your own traffic
Dream 100 / Collabs - Do joint ventures, partnerships, and
collaborations with others who have a list
- Who has the attention of my dream customers... And how do I get in front of them?
- Important to think and find out who is most likely to promote our offer.
- It's a numbers game; You might reach out to 100 people, have 30 that say they will,
and 10 actually promote.
- Just because someone has a huge audience doesn't mean their collaboration will
result in huge sales for you; Audience might not be a good fit, might not be
conditioned to buy, influencer might not promote in the way you hoped they would.
- Sometimes smaller influencers have a better relationship with their followers and
turn out to be the best partners.
- If you're unable to get any partnership, that's okay as you can always buy ads and
target your Dream 100's followers.
Organic Content (Twitter/Reels/TikTok/Shorts) -
Create short, organic content to increase your chances for
semi-viral and viral posts.
- Model Alex Hormozi's framework to get maximum engagement and exposure (he
gets 50k-60k+ per content)
1) Test your hooks on Twitter first.
2) The ones that get the most engagement become your content inspiration, so you
take that hook and film yourself talking about it for 15-20 minutes.
3) Then take that long-form content and post on:
- YouTube, Podcast, Blog
4) Then cut up each of the long-form content into at least 5 short, 15-30 second
video clips and post on:
- YouTube Shorts, Instagram Reels, TikTok, LinkedIn
Your Show (Blog, Vlog, Podcast) -
Publish consistently to keep your followers warm
- Content ideas:
1) Document your journey - Talk about what you're doing that day to go toward
your goals.
2) Test out your stories - Try different hooks and endings and see which version of
your story lands best.
3) Answer questions - Each day you can answer one question your followers have.
When To Move Onto The Next Step Of The Linchpin Framework
- Publish daily and build your Attractive Character Flywheel so you can get more
traffic into your funnel(s).
- Evaluate your results, test things out, and improve it so you can get a higher ROI.
- Drive traffic using Facebook Ads and Social Media posts. Don't forget to add your
MIFGE offer to the thank-you pages of your current offers!
- Don't move on to the next step in the Linchpin framework until you're getting
consistent, repeatable sales in first your MIFGE, then your Bulk Continuity + Offer,
and finally your High-Ticket Offer
- Encouraged to run a new challenge or webinar every quarter; Simply change the
hook and teach a different topic or training to help your challengers get different
results and/or overcome a different limiting belief.
5) Logic Repitch
-> Use price comparisons and other tools to show that what they're getting is a great
deal.
-> Use that time to answer any frequently asked questions that usually come up (I.e.
More objections and false beliefs)
Using The Perfect Webinar In A Webinar
Using "The Perfect Webinar" In A Challenge
* Challenge - Wrap the MIFGE offer into a "VIP Upgrade" for the challenge:
"Get a free ___-day trial of _____ when you upgrade, and you'll get a free VIP
upgrade, too, so you can have lifetime access to the recordings plus be part of our
VIP-only Q&A Sessions on Zoom so you can ask our speakers any of your
questions..."
- The very act of going through your challenge or webinar will help those who got
your MIFGE to STAY longer in your continuity, and those who didn't get your MIFGE
to BUY your Bulk Subscription + Offer and STAY longer, too.
- This allows you to enrol them in your next offer, you're not creating new content;
you're just going deeper into the topics at each level and giving your clients a better
experience at each high level.
- Example of how to ascend your customers:
1) Challenge: High-level training so your clients can understand what could be
possible for them.
2) Course:
Week 1: Welcome Week
Week 2-7: Deep dive into your training topics
Week 8: Graduation
3) 3-Day Event:
Day 1: Deep dive into Topic #1
Day 2: Deep dive into Topic #2
Day 3: Deep dive into Topic #3
4) High-Ticket Offer (Could be Mastermind, Coaching, Retreat):
Event 1: Retreat for Topic #1
Event 2: Retreat for Topic #2
Event 3: Retreat for Topic #3
In between the events: Facebook Group, Monthly Q&A, Hot Seat Deep-Dive Calls
Suggest to design HTO content FIRST, then design your 3-day event, course,
and challenge from it.
1) Should have a maximum of 4-6 things in your HTO
2) Price should be at least $5,000
2) RIM:
Repetition: A muscle you need to build
Immersion: Be immersed in a like-minded community where you're reminded every
day of success stories
Modelling Proven Practices: Don't reinvent the wheel
Choose elements for your HTO below (suggest one from each category and
possibly 2 more activities; for a total of 6 deliverables)
1) Activity: Workshop, immersion, retreat, event
2) Group: Facebook, Signal, Telegram, Circle
3) Support: Monthly Q&A
4) Monthly Content: Hot seats or laser coaching
Examples of Dramatic Demonstration #2
- Live Event For A Dramatic Demonstration #2
1) Live Event Sales Page: They registered for the live event
2) Live Event Offer: They attended the live event and some signed up for our
High-Ticket Offer to join our Two Comma Club X Coaching Program for $2,500/mo.
or $25,000/year.
3) High-Ticket Buyers Continue on Continuity: High-Ticket buyers were put into
Level 3 of our continuity, and some continued at $2,500/mo. after their year
membership ended.
Some of the things you can only do in person (and you should do!) are:
1) During the first presentation on Day 1:
- Share the IDENTITY of your dream customer and get them pumped to go on the
journey over the next several days.
- Create the identity, vision, and belief of where you are all going together during the
event, and help them feel worthy to take that calling.
- WATCH Russel Brunson's "Drifters vs. Driven" speech at FHL in 2022 on YouTube
as reference
1) Virtual Event Sales Page: They registered for the virtual event.
2) Virtual Event Offer: They attended the virtual event and some signed up for our
HTO to join our Two Comma Club X Coaching Program for $2,500/month or
$25,000/year.
3) High-Ticket Buyers Continue on Continuity: High-Ticket buyers were put into
Level 3 of our continuity, and some continued at $2,500/month after their
membership ended.
Why Do A Virtual Event?
1) For You:
- No hotel contracts
- No big AV bill or overhead
- You don't feel cash-poor
2) For Your Attendees:
- No hotel rooms
- No flights
- They don't feel cash-poor and are more likely to sign up for your programs
- When you think of your "right fit client", consider these questions:
1) How badly do they need you right now?
2) How isolated do they feel?
3) What secrets do you have that they need to know?
4) How much easier would it be to share in a group setting?
- Your content will seed the deliverables of your offer, and the offer is presented with
the Trifecta below:
1) Day 1:
- Opening Keynote: Romance your audience
- Content: Foundations
- Meal Break (60 mins.)
- Content: Topic 1 (Part 1)
- Content: Topic 1 (Part 2)
- Meal Break (60 mins)
- Optional: Interactive to create community
2) Day 2:
- Keynote
- Content: Topic 2 (Part 1)
- Meal Break (60 min.)
- Content: Topic 2 (Part 2)
- Panel / Invitation (Trifecta)
* Success Panel for Social Proof
* Invitation to HTO
- Meal Enrollment Break (60 min.)
- Laser Coaching and Q&A (Trifecta)
3) Day 3:
- Heart Close (Trifecta)
- Help the logical buyer get out of their head and into their heart
- Let them know that the very reason they're saying they can't is the reason they
must
- "Your job is to make their reason not to... Their reason to" - Bari Baumgardner
- It must be in service to the whole room (serve first, sell second)
Overcoming Objections
* You don't have the time to do it? - That's why you must do it.
* You don't have the money? - That's why you must do it.
* Your spouse isn't supportive? - That's why you need us more than anyone
* You're afraid to do it? - Isn't it time to be done with that and start moving forward
because you know you're made for more.
* You're in shame and self-doubt because you didn't get it right? - Your past failure is
not a predictor of your future success.
- Content: Topic 3 (Part 1)
- Meal Break (60 min.)
- Content: Topic 3 (Part 2)
- Closing Session
USING THE LINCHPIN TO FILL YOUR CONTINUITY
- Essentially, your HTO is just another type of MIFGE like your other offers, you'll add
so much value into your HTO that it'll be irresistible.
- For instance: when customers invest in Funnel Builder Certification or Two
Comma Club X Coaching Program, they get 6 months of ClickFunnels Platinum for
FREE (Plus an Agency account while their certification is active)