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This is called one 13,
this is the PM edition
for our friends, our pro members
on the other side of the world.
So good to see you.
It's an open agenda
call and we're
going to do this rapid fire.
Let's figure out your questions.
So I'll ask you right
now is to prepare
your questions in advance.
If you need to write them
down, please write them down.
Just have it formed
in your mind.
Matthew and I were talking about
something like this over lunch
about how the young
guns were asking him,
how do we communicate our ideas?
How do we get our ideas out
and in our communication module
in the business boot camp?
It's very clear you
start out with the goal.
What is your intent?
What kind of
information do you want
to extract from your client
for myself or my colleague?
Start with that.
Design your question with the
goal and the intent in mind.
You kind of reverse engineer.
OK, so if you want to know
what kind of soup tastes best,
you're going to
start with that idea.
It's like what kind of soup
tastes best, but what is best?
Then so best is subjective.
So I want to make sure I'm
using my parameters best and not
somebody else's.
So what is the best
soup for someone
who is allergic to x, y and z?
That has enough?
That is not too
watery, let's just say.
And then they can
give you some answers.
So if you design the
question very carefully,
the answer you get
back will most likely
be the answer
you're looking for.
OK, so everybody's ready.
Hands on the buzzer.
So I'm going to start off
because Tina will and I
forgot your name already.
Is that shauna?
Yes OK.
So, Tina, you had you already
like immediately after I posted
the event, I'm going to
give you the first shot
while our friends on the
other side of the world,
we're going to go after that.
OK so Tina, ask your
question, please.
So the question is we've
this is no, no, no, you go.
You go.
It's fine.
So yeah, so the question
is so we've actually
received a we received like
a scathing, harsh comment
from a former employee.
And I'm wondering what's the
best way of dealing with it?
Ignore it.
They left a one star
reviewer on Facebook.
So there is like permanent
kind of brand exposure there.
There's a spectrum of like
from really fun things
that we could do to legal
things that we can do.
And ignoring it is
definitely an option.
But I feel like this is a kind
of a low, low risk opportunity
to practice and try a
couple of different things.
Well, here's the thing, you
guys have a lot more at stake
than this other person.
This person has a
lot of free time
and you've done the best
that you can and you stand
by your reputation and
how you treated people
and the people that have
worked for you, that love you,
that cherish you and know
who you are as leaders
and managers, they're going
to override that one person's
opinion.
My feeling is for these kinds
of things, they're like fires.
You just starve them.
If you can't, you
start feeding into it,
you start pursuing other action.
They got all the free
time in the world,
and it's really hard
to undo that stuff.
They're running, probably to
you, an unjust smear campaign,
and you feel like your
reputation is besmirched
and you want to respond.
You want to respond.
You want to fight.
I'm going to tell you right
now, unless you like fighting,
because sometimes
I like fighting.
It's best to just
leave it alone.
Are they saying horrifically
slanderous things?
Or it's just their opinion that
you guys deserve a one star
rating?
And this is purely
it's their opinion,
but I'm just
wondering if leaving
it unanswered like I can
Google you if it's a one star
review, for example,
like providing
a responsive of
professional response
provides context, right?
And this becomes this one
crazy kind of outlier.
Yeah very similar thing could
happen on Facebook, where it's
like just, you know, my values.
Here's what we've done.
We're doing our best.
But I'm just
wondering if have you
ever have you ever tried flexing
your legal muscle in situations
like this?
Not anything like that.
I just leave those
people's opinions alone.
And even I'll tell you, look,
really quick story here.
There was a guy that we
brought on as a freelancer
to work for us for one day.
We booked him for a day.
He came in, he did.
His work was fantastic.
Next thing I know, I get a
letter from the unemployment
office saying he's
claiming unemployment,
therefore pushing up our
unemployment insurance,
and we were kind
of upset at that.
Like, what the hell?
He only worked one day.
It was a freelance.
He wasn't a staff member.
He's not entitled
to any of this.
He's an independent contractor.
I thought he was taking
advantage of the system.
Well, we filed a
counterclaim to him
to saying that he was a
one day kind of thing.
Next thing I know
I have auditors
coming in and
looking at our books,
and it goes on for years.
Well, because all of a
sudden I raise a flag like,
hey, guys, pay attention to us.
And I'm literally
I'm telling you right
now we had to deal
with this for years,
and I paid out
probably in excess
of $30,000 in weird
penalties that we
had to negotiate with
the IRS for something
totally unrelated to this day.
I'm pretty sure that
me saying something
about that was what started
a chain reaction of events.
I'll tell you again, starve it.
But if you want to
feed it, feed it.
No, I don't at all.
I don't at all.
And that's fantastic advice.
So you have bigger things to do.
You really do move.
I've come to the Dojo
and you delivered.
I have to tell
you a scary story.
So you're like, OK, I get it.
I get it.
All right.
All right.
Was there another question and
will or is that was enough?
Yeah, I guess it's around
employees poaching.
Yes you have a contract
for that, don't you?
We do.
We do.
But they seem to think that
it doesn't apply to them.
OK that's an easy one
that I would enforce.
It's a violation of a contract.
It's not a matter of opinion.
They signed an anti or
non poaching agreement,
and they're violating the terms.
I would have your attorney
now take over on this.
And sent out a letter.
And this now I will
reinforce with you,
I have done this thing.
So in our contract
with our employees,
they're allowed
to use their work
on their own personal
portfolio site.
But it it clearly and explicitly
says this work cannot appear
on another company's website.
So Lo and behold, we discover
after this employee has
left under amicable terms,
some a dear friend of mine,
her work appeared in this
other companies portfolio
and I was upset at that because
we paid for that portfolio.
We basically bought and built
that portfolio with our blood,
sweat and tears,
and all of a sudden,
now they're using it to
represent themselves.
So we sent an email saying,
hey, it's come to our attention.
Take this work down.
They ignored us.
Like, if you don't take it down,
you hear from our attorney.
And they responded like, ha ha.
So I'm like, OK, now I'm
going to make it hurt.
Called up my attorney.
And then he went after them.
And you know what?
They did these little
cowardly bastards.
They started calling up
my friend and saying,
hey, hey, your former
boss is suing us now,
and you know, it's all right
to use this work, isn't it?
And she's like, I don't know.
I don't know if I signed
this contract or not.
Thank god, thank God.
Hr had the contract.
Her signatures on it clearly
says the whole thing.
And so.
Now, my attorney is
asking me, how much
do you want to make this hurt?
Do you want me to end
this other company?
He's literally for
the first time,
I saw his fangs come
out as my attorney.
Do you want me to end them?
And I said, what do you mean?
I can make this be so painful.
It takes so long.
It would be a major
nuisance to this company.
How badly do you
want them to hurt?
I said, you know what?
Let's get $5,000 from this.
I'll cover your legal
fees and whatever else.
And that's all I want.
I want it to stop.
And they resorted to every
dirty trick in the book.
They told my friend
to call me up,
and so she's having
lunch with me.
She's like, oh,
Chris, I'm so sorry.
I'm like, the time
for sorry was when
we sent the first
email, when we sent
the second email
and their response
was go take a long walk
off a short bridge.
Now it's fighting time
so that time is over.
They're paying and you're lucky.
I'm just going to
make it stop at 5.
I could easily go for
much more than that
because now we get into damages
and intent and negligence,
which American courts,
it's kind of open.
Yeah so the contract
you enforce,
that's actually one thing.
How do you how do
you value that?
This is actually it wasn't
a poaching exercise,
it was a non solicitation.
So they went out for a client.
Well, and then they did that.
You're not, you know, there's
a non poaching clause.
There's a non solicitation.
And there's a term for that,
right within a certain amount
of time, whatever.
I don't know if violated.
Just send it to your attorney.
They'll deal with it.
All you want to do is
to make this thing stop
and just to basically
say to the community,
these are sketchy people.
That's true.
OK, perfect.
That's solid advice first.
All right.
Excellent good to see you guys.
Ok?
what's up?
I have a question in
connection to that
because I'm bringing on a
freelancer for a website
project, and we discussed
between white labeling as well
as him being able to
use the work that he's
going to do to promote himself.
So how does the non
solicitation and non poaching
work when you bring
on a freelancer
and you allow them
to use the work
to promote their
services because they're
doing a specific line
item in the project?
So what's the problem?
and in our agreement,
in my agreement
between the freelancer,
should I be specific as
to how they can use their work
for their own self-promotion?
Yes OK.
Yes and you can
say state that you
can use the work for
self-promotion use
only prior to written
approval from you.
OK, so you get to look at every
single time you can see it,
you can sign off on it and
you're going to say to them,
look, 99% of the time, I'm going
to sign off on the use of this.
Is that an illegal kid, am
I going to have to drop $100
on this?
It isn't the legal
kit, I believe.
Look, all right, I'm buying it.
It's like 20 years of
experience and then
hiring an attorney to
cover our butt, right?
So it's in there now.
Our version of your portfolio
usage says it very clearly.
It can only be used
on your personal site.
That's it.
And it's very limited
as to what else that can
do because we actually don't
own the rights to all the images
that we use.
We've sold those rights
essentially to our client.
So we can have to
be careful there.
OK.
Got it.
OK let's go on here.
Let's move on to Jeffrey,
who had his hand up
and everybody else raise
your hand digitally.
Hopefully, you guys
know how to do that.
So, Jeffrey, I believe
you're in New Zealand.
So let's rock and roll Thailand.
Yeah well, Thailand, I'm sorry.
Yeah so I did have a
question coming into this,
and I think it's kind of
tying in to the discussion
is about outsourcing.
OK so, you know, right
now talking with my PPP
and we're going over outsourcing
and my question is just
what are some things to look
out for, some things to avoid?
So you don't like get
into trouble with it?
Get into trouble
with outsourcing,
so you're sending work
and don'ts, what would
the don'ts be like?
What are the duties also?
All right.
So when you're
outsourcing to somebody,
whether it's a single
person or a small company,
I like to follow a
very simple formula.
The formula goes
something like this.
I asked the person to
take me through how
a typical project works.
What you're trying
to do is you're
trying out the relationship
before you enter into it.
Tell me how this works.
Tell me how this falls apart.
Give me some scenarios.
What if the client says this
and I need you to do that?
What are your boundaries?
Before you ask an
overage, what do I need to
in order to give you this work?
So it's super successful
when we outsource work.
Typically, we're
sending out work
that we don't know how to do,
so we want to be very careful.
So when they say it's $5,000
to do something and you go off
and you secure the
project and you say, sell
it for $7,500 or
a little bit more,
you give them the
project like, no, no, no.
$5,000 for this
very specific thing.
But what you just gave
me is 4 times as hard.
So it's not going
to be 28 thousand,
which puts you in a
very terrible spot.
You either have to eat the cost,
which you don't want to do,
or you go back and tell
your client you don't really
know what you're doing.
So I like to always
walk through the project
as I'm going to give it to you.
And the key questions
are always to ask tell me
how this works perfectly.
Tell me where it breaks.
Tell me the three
things I need to get you
in terms of information.
So that you can do your job.
Now I want to also be
very clear with you
that I would consider it
bad form if you actually
go after my client.
We have a problem there,
like, no, no, no problem.
So you kind of run
through the things
that are important to you.
The highest things, right?
And then you can ask him, is
there anything I'm forgetting?
Sometimes that's a good
prompt, and they'll
tell you, yes, I forgot.
You need to make sure you get
this asset from the client.
So that works, ok?
Now the reason why I suggest
everybody bid so much in excess
of what it costs them to make.
The reason is
things go sideways.
It's almost guaranteed.
So do not bid the project
too close to the bone.
This will also
incentivize you to learn
how to be properly so that
you're going to make a profit.
Now, if all goes well
and it only costs $5,000
and you put 22,000 in
there, you're doing fine.
Now I want to let you
guys know something.
I've said this
before on our calls.
There was an app that we were
considered for a big tech
company.
The person who submitted the
bid with no influence from us
said it was going to be
about 240,000 fantastic.
I submitted a bid for a million.
That's how you cover yourself.
And with a million
dollars, we're
definitely in the ballpark.
Unfortunately, there's
an episode on this
and how we lost a million
job, if you really
want to know the gory,
juicy, horrific details.
Watch that episode.
OK, Joe.
Hi hi, Chris, how are you?
Hello my question is
around, how can you
create one umbrella
business or brand
when you have two different
aspects of your company?
So aspects.
So at the moment,
I'm writing a book,
and I think that will gain
a little bit of traction
over time.
But I'm also doing
branding as well.
And I guess my fear
is that I'm kind
of going in
different directions,
but I kind of want
to bring it all.
I guess I want it all to
remain within my own brand
at the same time.
Are these subjects
totally unrelated?
So the book that I'm
writing is about intuition
and it's about conscious
living, but I still
do the branding and
the design for it.
And when I do branding
in my business,
I still use the intuitive
and conscious aspect when
I interact with my clients.
So a lot of the clients
are in that sort of health
and wellness
self-improvement space.
OK where do you see the
potential conflict here,
because I'm not quite
sure I understand why it's
important to have an
umbrella brand because they
seem like they're related.
The more successful
the book is, the more
successfully
branding businesses.
The more successful
your branding business
is, the further it
strengthens the book.
Yeah, and I see that
they all work together,
but I think I'm
just worried that.
People are going to get confused
when they try and find me
on social media.
They don't really know
what it is that I do,
and it's I'm just
wondering if there's a way
to communicate that feels
a little bit more, I guess,
simplified.
So people get the
message straight away.
OK let's see if I can
figure this thing out here,
because I exist
as a human being,
as an author, as a person who
has opinions that may or may
not coincide with
what people may think
of as the future, which is more
of an online school or Academy.
And these two brands exist.
They complement each other, and
they have separate social media
accounts.
Is that the kind of stuff
you're talking about?
I don't think I have
to have a third company
to hold all this stuff together.
Yeah.
Yeah, that's what I'm
talking about in terms
of how have you managed that so
that they complement each other
and that you don't
run into any issues
where things feel like
they're a little bit too
distinct from what you're
doing or from what your core
message is?
OK, so the company would never
post Super opinionated charged
messages because it runs
the risk of alienating
potential customers.
It needs to remain fairly
professional and neutral,
whereas me as a
personal brand, I
say all kinds of stupid stuff.
And I get into it with people.
And I think people
know that we're
all related and everything.
But the image or the message
that people attach with it
is still preserved.
I'll tell you a
little funny story.
Early on in my career, I mean,
I'm the owner of the company,
and I would meet with
potential clients,
along with my executive
producer who works for me
and my executive producer at
that time was older than I am.
It was kind of a funny
thing because at one point
the client would lean
into me is like, Chris,
can you do for this
amount of money?
Like, you think the executive
producer would approve this?
Look, people are smart and
they're not that smart.
It's like you just told the
owner what you wanted to do.
I don't know if it was like
a double like manipulation
kind of thing, but
I was like, yeah,
let me figure something out.
Then I would go and
tell the producer
this is their budget limit,
push them a little bit
or pull them back
or whatever it is.
And it's kind of weird how
people perceive things.
So I think I can exist as a
separate personal brand that's
outside of the business.
And the business
is usually pretty
corporate and
conservative in terms
of how it communicates where
I think you're a lot freer
to do whatever it is you want.
Yeah Yeah.
So would your recommendation
be for me to, I guess,
work on what it is in
terms of my personal brand
and make that message
a little bit clearer?
Well, I think your
personal brand,
it's going to take
some figuring out
as to who you want
to be in the world.
Where's your business you've
been working on for some time.
So it's not like on day
one, you figure it out.
It's a trial and error process.
Like, how much edge do I
want to bring into the world
and am I willing to fight
every person or what?
And over time, you're like,
my tolerance is about this.
Much like I want
to push buttons,
but I don't want to get
flaming emails and death
threats, right?
So you figure that
out in the world.
So your whole thing is
about wellness and what's
the other word that you use?
Conscious living and intuition.
So it's going to be in
tune with that vibe.
You would never post something
that's like, screw this,
I hate these people.
Let's kill them
all, because it just
does not seem like it's line.
So you, the book is a reflection
of your thoughts, your beliefs
and your values.
So then your social media
account will reflect that, too.
And let's just say, like
on your personal account,
you get really
hippy dippy and you
start talking about food
and cleanses and things
like where that
would be somewhat
inappropriate for your
branding business.
So that's how you start
to distinguish that.
In the beginning,
it's a little weird
because you're the
author of both,
but it'll become apparent
because one wants
to be a company, get clients.
The other is like,
I want to know,
I want you to know who I am.
Yeah got it.
Yeah, yeah, I think
that's really clear.
Thanks so much, Chris.
You're welcome, Joe.
OK who else is in a
different time zone?
Let's take advantage of that.
David Cromwell, do
you have a question?
Now, OK.
Phil, how about you?
Is it Theo, I forget.
Yes, I do.
OK, it's fine.
Yes, OK.
Just my first, OK.
My question is, how do I lead
the team to stay motivated?
A bit of a context.
So the team has been with
me since the beginning
of the company now.
I feel like the whole
motivation and everything
started to drop off and people
were just doing pretty much 95.
But I'm in the business
of creative business,
so time 95 is not enough
if we want to grow.
And because of
that as well, I can
see the revenue topped
up a little bit as well.
So I want to put us
back on the right path.
Right OK.
How long have they been with you
over three years, the business
almost four years now?
I see.
Yeah so here's the thing.
It's like in the
beginning, you're hungry
and everybody's trying to do.
It's fun to figure stuff
out, and that's cool.
But that's unsustainable
because you can't
live on edge all the time.
So eventually everybody
falls into rhythm.
They kind of start
to figure things out.
They know how to do
things efficiently,
so they're not going to be
there grinding it out with you.
Nor should I think that
that's the role for them.
Right so I think
it's OK, and I think
to know that everybody has
an arc and then need a.
If you feel like you're getting
less productivity from this
is a problem that
corporate America faces
where people settle
into the position
and they get really complacent.
And then eventually they
just become non-productive.
If it's heading
towards that, then
I think you need to sit down
with the team is like, hey,
guys, you remember that?
Way back when we're all
like loving this work,
I'm starting to get the
sense that we don't love work
anymore.
I want to do something that's in
long term, sustainable manner,
but has something
changed and either
the clients that we take
on my management style
or that's happening with you or
in your home or somewhere else
that I can address
because this concerns me.
And then just open it up.
I think something
that I'm learning
a lot about now
in these sales and
and negotiation tactics,
it's kind of interesting,
like when you let people
in on your emotions
and you communicate the feelings
that you have and you label
the reasons why, it
gives people a sense
that I can connect with that
and I'm going to bond with you.
One of the things that Chris
Voss talks about in his book
Never Split the
difference is that if you
need to make an
accusation audit,
like what are the negative
things that they're thinking
about right now,
they're going to think,
just go make a list, right?
So they're going to think file.
He's a whip cracker
and all he cares.
All he cares about
is the bottom line.
He doesn't care
about us anymore.
He's trying to squeeze
every last little bit.
He wants us to work like
we're dogs all the time.
Let's just say that
that's what they think.
And you would begin the
conversation bringing
all those things up, because
that's in their gut, that's
what they feel.
And when you say it up
front, then now that I go.
He does understand us.
And then they'll say,
we don't think that,
so you would say something like.
Like to have a rather serious
conversation with you guys,
and it may make some
of you uncomfortable,
it might even create this
feeling that all I care about
is the bottom line that I want
to keep you guys working here
all the time.
So you go down that list, right?
And then they're like, oh,
no, we don't think that boss,
then you can to pivot
them somewhere else.
But the fact that
you're in tune with what
they're thinking about
you, potentially it
takes it off the table.
It's like the M&M
eight mile battle rap,
right, where you're
like, yeah, I'm white.
And so I have a
dysfunctional girlfriend
and my mom's like a
mess and an alcoholic.
Once you say that, I was like,
well, we got nothing left.
This benefit.
OK thank you, Chris.
Yes, you're welcome.
Let me know how it goes, ok?
We hope they're not hacking
your Facebook or your account
and jumping in on this.
You don't know what's up.
All right.
Dorrigo OK, hold on,
I just unmute you.
I can't unmute you
for some reason.
Try it again, Rodrigo.
There you go.
Of course.
Hey so my question is,
how would you personally?
Met a previous client,
a client of yours,
know about a new product or
service that you're offering.
I work in a very local
market and everyone knows me
for video production, but now
we're doing like local SEO
on different things
like that, and I kind of
been branded as a video guy.
How would you go about
reaching out to past clients?
I don't know about this
new service that you offer.
OK, if you have a
good relationship
with some of these
people, I would treat it
like it's good fresh news
that is to their benefit.
You can.
You can send them
out an email blast.
You can send them a piece
of lumpy mail, which
is something old school
and and it's not flat.
You know, there's something in
there so that they're curious,
like old school snail mail is
super exciting for people now.
So if you wrote in a note, Mary
or bob, it's been fantastic.
Work with you.
We have exciting things
happening at Acme design motion
graphics company or
whatever video company,
and that we found that
our clients kept asking us
for help with their web.
And now we've been able
to develop a 10 point
system on how to increase
your SEO go from 0 to hero,
whatever.
If you're interested in
this, please let us know.
OK that's fairly easy.
Just talk like a human.
All right.
Give that a try.
Yeah you're like, I want
to listen, man, you.
You said it.
I'm going to do it.
I've been watching you
and Aaron and the guy.
So I want to get
maybe a good student
and just do what you said to
let you know how to do it.
Just submit and do it
and see what happens.
They just won't do it.
So I don't want to
be those guys, right?
No, not at all.
Oh my God.
All right.
OK fantastic.
All right.
Who else is in this
time zone where
you feel like you want to talk?
Oh, I see you.
Is that anna?
Anna Peng.
You have a lens flare.
It's like it's
blocking your light.
Look, don't get all
special with me.
I'll throw lens flare on your
screen right now, myself.
It's just there's a
sphere of my camera lens,
but OK, that's what that is.
Yeah so I posted on
the Facebook event.
But long story short, how
do I know if I'm missing out
on an opportunity
that's good for me,
but if I'm not feeling that
way, like I don't know.
Well, it says, as I make
my own landslide there,
nobody acknowledges
it even worse.
Go ahead.
How do I know if I'm missing
out on an opportunity that's
actually good for me?
Does that make sense?
Ok? an opportunity by
definition, it's good for you,
isn't it?
Oh, I guess, but.
So tell me what
that opportunity is
and why, why do you have pause?
So and for context,
those I met this.
So I met this lady, and she's
offering me a collaboration
opportunity to help her design a
package for her personal beauty
project.
And right now, I'm
still a student,
but I want to open
up my own design
practice after graduation.
So I don't know if
this will help me.
Like, I don't know if I
would contribute to that work
afterwards.
OK, so what are your concerns
like when people are given work
opportunities,
especially from students,
they usually just jump on it?
So something in your
gut is telling you.
I don't know if I
should be doing this.
What does that gut telling you?
Like, it's just I
don't feel like she
has any money in it for me.
I have already been hurt
by unpaid internship work.
Yeah OK, so let me just
say a couple of things.
Right now you're doing
unpaid work all the time.
In fact, you're doing work that
you pay other people to do.
You know what?
That work is called.
Yes it's called schoolwork.
But I mean, if you
think about it,
you pay tuition to
go to school and then
you do work for
free, essentially.
So it's costing you
money to do this work.
That's the bottom line.
So first, let's get some
perspective on that, right?
And some of the
school projects suck.
Some of your teachers
are terrible.
Now, if a person
comes along, it's
like there's this beauty
and wellness product
and it's really
cool, and this person
seems to have really good
taste and is well connected.
You kind of have
to roll the dice.
It's like, well, it's
not costing me money.
At least I'm not paying her
tuition to do the project,
and it could turn
out really amazing,
but you have to be able to
judge that for yourself,
and it's not always
easy to see this.
Looking forward, you can only
see it looking backwards.
I'll tell you from
personal experience,
I've done projects for
other students for no money,
and I started to think,
I think they're using me
and I would do this
for several people.
Or I would lend somebody
the an extra hand
to kind of help them see their
project through thinking,
Oh my god, I've just been giving
my time away, but whatever.
And in my experience,
9 out of 10 times,
especially while in
school, those relationships
are the ones that I
built my company on.
Those students,
those film students
that I helped them with
their graphics or supers,
they wound up becoming
directors and recommending me
to all their clients.
So our first big
independent identity design
job came from them and then
this super gigantic multibillion
dollar was that beauty
and wellness brand came
to us because of them, and
they went to bat for us,
and we continued working
together for many years.
So that single gesture that.
Gesture of generosity,
the act of kindness
and allowing my design skills to
help somebody that worked out.
Now people in the professional
world should have a budget,
they should be able to pay.
Maybe they're looking for
that really hungry student
to give them the extra
effort, and that could be.
But I would use this
as an opportunity
to learn how to
talk about money.
And just say, hey.
I know I'm a student
and I can do it,
but I don't want
to do it for free.
What kind of budget do you have?
Or you can even suggest one like
based on what we talked about.
I'd like to do this for
somewhere between 8 to $4,000
and see what happens.
That's legit, too.
Ideally, what you do is you're
going to work on a cool project
with a really great person
that has excellent taste
and get paid.
So do you feel comfortable
enough to ask about the money?
I I'm so sorry that somebody
doesn't say, hell, yes, then
it's a no.
Yeah so, you know,
we produce a lot
of videos on how to
talk about money, right?
Yeah so what's holding you back?
Actually talking
about it, maybe, no, I
know that's holding you back,
but what about talking about
is why are you reluctant
to talk about money?
More aggressive
since it literally
came up in actual
professional conversation.
I mean, you've never
talked about money
in a professional
conversation before.
Or not, really?
Let me ask this question.
OK, you ready?
I don't want you to think
about this too hard.
I just want you to give
me the raw answer that
comes to your brain, ok?
Who is more professional?
A person who doesn't talk
about money or the person who
talks about money?
Well, for that matter,
so in their eyes,
are you a professional
or unprofessional
if you don't talk about money?
One of the questions I think
about this everywhere you go,
the price is clearly
displayed, and if you
ask somebody how
much does that car,
they should be able to tell you
if they don't, what happens?
You get suspicious.
Does this person know what
they're doing or worse?
Are they trying to
take advantage of me
or just talk about the money?
How much money do you want to
ask somebody for it, regardless
of the type of project?
All 4000, 5,000.
Can you say 5000?
OK, no, no, no, no, not like
it hurts you to say, just say,
5000, 4,000.
And then just be quiet, ok?
Count to four.
So here's what
we're going to do.
We're going to ask them for
$5000, let's just say, OK,
can you ask me for $5000?
Like what, I have $5,000.
OK you change the
way you said that.
No, I don't want you
literally to ask me,
can I have five thousand?
Pretend like I'm the client?
How are you going
to say it to me?
On this project,
four of the 5,000.
Oh, that sounds really
uncomfortable for you to say.
OK, so here's what
we need to do.
We need a practice
saying dollar amounts
and we have to get our
mouth and our tongue used
to saying things so
that we train your mouth
to speak your mind.
So here's what I would
say something like this.
It's really basic, do you
have $5,000 in your budget
to do this project?
Is that something you're
comfortable with spending?
Maybe and watch them squirm.
I'm just kidding.
See what happens?
Like, Oh my god, Oh my God.
Ana, we didn't think that
it would cost 5 to $5,000.
Then what would you say then?
But don't know you don't know.
Well, you can ask
them, what question?
Well Mary, what can you afford?
Oh, we can't afford $4,000
can you do for four?
Then you like let out
a big sigh like, Oh.
you know what?
Normally I would not do this.
But I really think you guys
have a special cool project.
Can we agree to this?
Can we agree to only two
revisions instead of three?
Yeah, we can make that work.
And if you add an additional
round of revisions,
I'll just add $4,000 back.
Is that ok?
Well, we won't go there that
we'll just commit to the two.
Well, fantastic.
I'll send you a deal memo.
You ready to move forward?
Yeah, OK, done.
OK, Anna.
Well, yeah, that helps a lot.
OK, good luck.
Thank you.
You're welcome.
Oh, my God.
It's been a long day for me.
And realizing how tired I am.
OK, let's go with
Abby and then Melvin.
Hello hey.
Hey sorry.
First of all, thank
you so much for taking
this call at this late.
What is it?
Are you again?
Yeah, you got a headset,
you got the gamer chair.
You're probably playing a video
game right now as we talk.
But no, go ahead.
No, no, no.
I'm not.
I'm not.
OK I have this headphone,
but I was like, you know,
and I don't know how
to set up this thing.
I want this.
I'm sorry.
Go ahead.
Yeah so another thing I heard
someone from New Zealand
as well.
I have.
I'm trying to figure
out who is that?
But anyway, use a chat.
Use the chat for that.
Yes OK.
That's your question.
Yeah so the question is,
I started this business.
It's called Milky
web two years ago
before I used to get
no clients right.
And then I watch your videos and
get even a check and all that.
And then they started
to get some inquiries.
I used to think getting
enquiries is a win.
So as soon as I get the
inquiry, I used to celebrate,
like I was like, OK, I
got the new client right,
but I'm struggling to
convert them like in a month.
Let's say I'm getting 6
to 7 to eight inquiries.
Only one of them, I
would be able to convert
and I, the rest of them
will just cost on me.
You know what I mean?
Like, they won't come back.
Yeah so that is my
main problem right now.
OK, I got you.
I had so many questions, but I
watched you all of your videos,
so most of them
already been answered.
But this is the main one I'm
trying to figure out still.
OK, so what's your question?
So that is my question.
How do I convert my clients?
Like, what do I do?
OK, so you're trying to
convert prospects, right?
Or right now their prospects
and prospects, and they've
turned into lead.
So, so now they're aware of.
They're turned into
lead and you want
to be able to turn them
to a client or customer.
So you say you
close some and you
can't figure out why the
other one's ghost on you.
What do you suspect it might be?
I have no idea.
I try to figure out and
I got some, you know,
things in one place, so I
looked at the competitors
I saw on their website.
They have a phone number,
like a landline number.
It's still a thing
in New Zealand.
If you have a
landline number, that
means you are a big, like,
big or office or corporation
or whatever.
I have on my website is
only my cell phone number.
It's like a, you know, it's
a mobile number, basically.
I thought, maybe the thing
I'm not like a big company.
And then when I
reply them back, I
have this email signature,
which says managing director
or director on my signature.
So I'm thinking, maybe
they are thinking,
oh, you know, this guy?
He's a he's a director of the
company is replying by himself.
That means is not a big company.
That's that's my second, right?
And the third one
I thought about.
Maybe I'm wrong in this
one because my immigrant
as well here, you know,
I came to this country
like nine years ago.
I studied here and, you
know, started my career.
I work for agencies
for five, six years
and started my own thing.
You're telling me
too much story.
I'm so sorry.
Yeah, I'm trying to
explain it to explain.
Just let's try and
figure it out like you
need to sit down and think.
So when I asked you one of
these questions that requires
you to think, just pause, ok?
Dig inside that big, beautiful
brain of yours and think,
what could it be?
Because we don't want to go
punching around in the dark?
I can help you, but
you kind of need
to have a sense of
what the problem is.
Ok?
so when you're able to close,
you're like, whoa, why?
I'm the same person.
Same thing.
Is it the client's different?
Are you different?
What's going on?
We need to figure that out.
OK OK, maybe you have a
bad internet connection,
or maybe they're freaking
out over the price,
I don't know what it is.
So I want you to think
about that for a little bit.
I was going to come
back to you, ok?
I want you to try
to like, write down
what are the three
reasons why I think
my clients aren't hiring me?
Start with the
most important one.
OK OK.
Just work on that,
I'm going to mute you
and then we'll get
back to you, ok?
Let's go to Melvin.
Melvin hey, Chris.
So I just want to say
first, I just want to say,
I totally appreciate you doing
this two time zones call,
I might be in a little
noisier environment, so just
very briefly a second.
Yeah, so so first.
First up, I just want
to give credit to,
you know, the perfect
proposal because there
was a proposal that was the
program that I bought and and I
submitted a bid for this
client and we got the contract.
So it was a big win for me.
And so after that,
what I did was I
went out and bought the
call because I kind of know
what to do with the user
story and all that stuff.
But I just want to see what
else I can get from your site.
And so my question
really is because I'm
dealing with this company,
which deals with really high end
luxurious pianos and their
clientele are, you know,
high net worth
people and we want
to be able to
extract user stories.
Now, I would imagine that people
like people of that stature
wouldn't sit around in the focus
group and give you feedback.
So what are some of the
ways you would approach this
if you will be collecting
user stories to kind of map
out what is there, what are
their needs, what are the ones?
What what do they value so
that we can match the features
and benefits?
Yeah, Yeah.
So you're not going to be
able to do a full court
session on high net worth
individuals sitting around
like, what am I doing?
My I'm a high net
worth individual
and therefore my time
is very valuable.
There's a couple of
things that you can do.
This could be an
event, actually,
and customers like to do
this where the high end piano
company can have a customer
appreciation party event.
They can invite some of
their customers, their best
customers, to come
by for drinks and to.
I don't, I don't
know, hear a concert.
I don't know what
something right drinks hors
d'oeuvres and something fun.
And what they could say is like,
hey, we'd love to invite you.
Can you please fill out
a few questions for us?
Then when they get there, the
event goes, half time comes in,
and they're able to ask them
a few questions in person.
We love you.
We think you guys are amazing.
We wanted to know
a couple of things
and then you would have
them ask and then maybe
write their response down.
That's one way, but
that's not really
going to give you a
ton of information.
The best way to do
this is actually
to talk to the next best
person, which is usually
the salesperson, a customer
service person, somebody
like that who really understands
who their clientele is
and that's within the company.
What we can do is tap in to the.
Collective knowledge
of the company
and that they know who they
are when we say, well, cars,
are they driving, how
much income do they have?
They should be able to
answer all those things
because they've seen
them pull up in the car
and they can make
some assumptions
about how much money
they're making.
Right so that's what I would do.
I would rely on
the intelligence,
the collective
intelligence of the people
who come in contact
with customers
and then do the strategic
framework with them.
They know a lot
more than you think.
And they have a composite
of who these people are,
and that's going to be very
helpful to you in the years
that I've been doing strategy.
I've never talked to
the customer proper.
You know, I just talked to.
I just talked to my client.
So I guess the
follow up question
is, do we run the risk
of perception bias
that they kind of
assume that they
know everything about a client?
So how would I be able to?
I mean, I could ask a ton
of questions, but you know,
what might be the best way?
So I think the thing
that I want to avoid here
is to make sure that
they don't go into that.
I know about my
clients and this is
what I assume about the
client and that may or may not
be accurate.
Yeah, right.
So what I would have you do
is to, before you facilitate,
talk about the different
kinds of cognitive bias.
And in order for us to have
the best possible result,
we need to become aware
of the biases that we have
and just identify them
in the room first.
And so when they
bring up something
and it sounds a little fishy
to you and you're a smart guy,
you'll hear you're like, what?
That isn't sound, right?
You just said this and then
now you're saying this.
So which one of
these statements is
true and which ones are
not true because they
can't be both true, can they?
And then they work
through that problem.
OK, now I want to tell
you something here.
The truth is overrated.
What is true?
I don't know, because
facts lie, too.
If you look at the
way that depending
on who reads the
data, they can come up
with a totally different
interpretation.
So I think you're looking for
some objective truth and there
really isn't.
So in this case, when
you talk to your clients
and you help them to understand
their customers better.
That is where the value is at.
And if we say, look, based
on this information based
on all of us recognizing
that we have some bias
and we put them aside,
theoretically, here
are my conclusions
as to what to do.
But before we invest
a ton of money trying
to solve this problem, let's
run a series of short test
to see if it's true.
So this is what small companies
do this with big companies,
big companies do, they
test their hypothesis.
And that's what you should do.
Right so before you go
and develop a full blown
functioning web
app, you might want
to do a minimum viable
product, MVP first
to see what usability
issues there are
or people even get excited
about this kind of stuff or not.
And with each
successive iteration,
you're getting closer and closer
to what we think will work,
backed by the confidence that
thus far our trial and error
has yielded positive results.
So use the knowledge that you
have test and then iterate.
Right, so so I really like to
give back to this community
here.
So what would it
be, OK, if I would
be able to share the
journey and the expenses
after having gone
through with the client
and gives back to
this community?
Yeah what?
I would love for you to
share what you learned.
Share what works.
Shared how you
screwed up and tell us
all the relevant details
so that we can track along
with how you're doing it.
All right.
Beautiful, thank you very much.
Well, we only have 10 minutes
left and I'm super tired,
so somebody brings
some fire, so.
Abby, are you
ready to come back?
Yeah, I'm here.
OK what's the problem?
OK I rethought the whole
thing I still think
is the problem is the same.
They think I'm too small,
like a too like a one man
band or something when
I'm replying from my own,
you know, as a
director on my email.
The second one, I think.
So the second one is
the most important one.
I think I'm offering
them really cheap prices.
Well, like a competitive
prices from my competitors
here in New Zealand.
Yeah, and those are
the two I can think of.
Yeah, well, we can
solve some of that.
As I was doing research on
marketing and positioning
strategies, I found that one
of the biggest signifiers
or signals to people about
quality and value is price.
When you price yourself
lower, people automatically
assume you're of lower quality.
It's a form of bias.
It's one of those heuristics
where we're acting
on too little information.
OK, so if you want
to be perceived
as being a higher quality shop,
as ironic as it may sound,
charge more.
Simply charge more
like if I were
able to hold up two
pens in front of you,
one of the left,
which I'll tell you
is $1.99 and a
Zach identical pen.
I'm going to tell
you this one's $400.
As far as you can tell,
it's a silver Montblanc.
They both look beautiful.
Which one is going
to be higher quality?
The $1.99 or the $400 pen?
$400 You know, and
you're laughing.
It's because why would
anybody say that?
But it's totally.
We're acting on bias.
Think about it automatically.
What do you think about
the $1.99 version?
Right, it's cheap.
Maybe it doesn't work it.
Yeah, it's probably plastic.
Maybe it's stolen.
Maybe it's going to blow
up in my shirt pocket.
Right?
you think of all these things.
So if you're going to go out
there and be the low bid,
this is the signal that
you're sending out there.
Now, if you guys
don't believe me.
Become hyper aware
of every time you
make a decision
as to what to buy
in terms of service or
products, which ones you think
are better based on price.
You'll be shocked.
OK, so here's the other thing.
Perception is reality.
A little while ago, there
was a world famous violinist
and he has an instrument that I
think is priced at $3 million,
set to be the finest
violin ever made.
You play at the
orchestra, right?
And his effective rate
was thousand a minute.
$1,000 a minute.
So if you played for an
hour, I guess he made 60,000.
now the New York Times
did an experiment.
They took him and his
$3 million instrument.
They brought him to the New
York subway and he played.
He played for the exact
same amount of time he paid.
He played for 60 minutes.
Joe, how much money he made.
It's like $15.75 or
something stupid.
The same musician,
the same violin
put in a different context,
has totally different meaning.
So the perception is that
you're a small company
and you have a couple
of things that you
do mostly price that tells them
you're a much smaller operator
and you now seem
super risky to them.
So, you know how to
fix this problem.
Yeah, I tried I think I
posted in a group as well.
I increased all my
prices and I was
able to increase my revenue by
like $10,000 in the last two
months, which is good.
It's the same service as the
same thing of same hosting,
whatever the CEO, whatever I
do, but without doing anything,
I just increase the prices.
I was really, really,
really afraid.
I thought, like, they're
going to come back to me
and say, oh, we want to
discontinue with you.
But it was good.
That's a first win win, I can
say after joining this group.
Yeah so thank you for that.
Yeah again, I think you
answered my question.
But again, you
know, I don't know
why I'm only converting only
1 lead out of 10, let's say.
You know, that's so why
don't you record your calls?
you're asking me to
know what's going on,
and I can't I have
to rely on you.
So if you don't know if
you don't have any clue,
you're like, hey, Chris,
I'm pretty sure it's this.
And here's why.
Then I can try and
figure it out with you.
But you're saying
I have two guesses.
One, it's because I'm
small, so don't look small.
Do everything that big companies
do so that you don't look small
or you flip it on.
It's like maybe a
small is better.
And that's how you can flip
that, too, so I don't know,
because I just don't have
any data to respond to.
OK, OK.
At best, it just
be a wild guess.
OK all right.
Yes, thank you.
OK I think I can
do one more call
before I pass out you guys.
Sleep well tonight.
Emmanuel well,
Emmanuel, before you
go because you're
on the morning,
call anybody else from the
other side of the world that
wants to ask me a question.
Because you can take
us home or Emmanuel
is going to take us home.
It's all you, man.
Emmanuel, go.
Hold on.
I'm going to get my
video work in here.
OK OK, so I have only
one simple question ok?
I have a client who's
got 25% of my business.
He's been with me
for a good 4 years,
and he's been an amazing source
of client over the years.
The question is it's obviously
not as profitable as it
was four years down the line.
The team is bigger.
Everything is bigger.
How do you position?
I need to charge more.
You mean, how do you have that
conversation with this, Yeah.
How do you what's the
frame frame of mind?
I wouldn't do it.
He's probably your single
biggest client, right?
Yeah OK.
Why don't you try to position
and charge people who
are strangers who have
no point of reference
more and see how that goes?
OK, so this is what
Blair talks about.
Take your two worst clients.
Kick them out.
Find two new clients
and put them at the top.
Putting up the top
of the pay scale.
And eventually, this
favorite client of yours that
represents 20% of your business.
We start to float to the
bottom at which point
you need to talk to him.
But right now I would
not kill the cash cow.
I 1,000% thank you.
Yeah, you're welcome.
OK, that was super fast.
I'll take one more.
Make it fast and
sharp like that, boom.
Anybody else?
Oh, OK.
File back to you.
Go ahead.
And I have the follow up
question about charging more
so this year, we've
been doing that as well,
and so I really
love the proposal,
but sometimes they
would say like, hey, we
love the proposal, but we
need to find a more funding.
And then they just, you know.
Went quiet for a little bit.
Yeah, yeah, they do.
Yeah, I hate it
when they do that.
So how often, yeah, do do I
need to follow up on that?
You know?
Yes, Yes.
So here's the thing
that I'm learning
that people will say Yes to
you to make you go away, right?
Yeah so they're like, yes, Yes.
And there are a lot
of counterfeit yeses.
They might say Yes because
they're shocked by the price,
but they're embarrassed to tell
you that they can't afford it.
OK OK, so what we need to
do is we need to read them
and we have to
constantly ask them.
So when we say, oh, this project
will be $44,000 and they say,
and then you should ask
them, how does that sound?
And what they should say
is that sounds about right.
You need to get confirmation, so
just let me double check there.
If I send you this
bid for this scope
that we just talked about
for that price by Tuesday.
Oh, you know what?
Figure out how to say this in a
less threatening language here.
OK, here's what you do.
If I'm able to submit you a
bid by Tuesday of next week.
And you agreed to the no.
How quickly would
you like to start
or how quickly can you start?
And if all that stuff works,
we can start by Wednesday.
Excellent or we can.
How quickly can
you make a decision
as to which vendor
you'd like to work with?
Well, 24 hours.
No problem.
OK let me explain
what's happening there.
It took me a little moment
to kind of phrase it.
If you use the word if or
hypothetically speaking,
it takes away some of
the risk associated
with making a decision.
People don't like to make a
decision because when you do,
you can be wrong, right?
So try to use the expression.
Hypothetically
speaking or suppose
or if this condition were true.
And then you ask them what
you want, when might you want
to do this kind of project?
Now, don't put in
the word, when would
you like to hire me to start?
That makes it dangerous again,
because this could be anybody.
When would you like to start?
When you see yourself
starting, when
you see yourself approving?
So at this point,
yeah, thank you.
And this particular
project, like they
come to protest with
the deadline in mind
and everything.
So they like this,
you know, can you
deliver this by mid-september?
And we looked at it, and
it's not quite possible
because, you know, somebody like
this would take, I don't know,
10 weeks, so we might not
be able to beat it, but.
Um, but, you know, if we
put more resource in it,
we might be able to meet it.
So there's one that a little bit
of extra buffer of this scope
coming as well.
And that they see it and then
they are like, oh, actually,
we like it, but we need
to give them more funding
and we wouldn't do it properly.
And I just want to win, you
know, haven't got back to us.
Mm-hmm Yeah OK.
All right.
So it's a similar sort
of thing, you know,
is it something different?
Well, I heard you
telling something,
but I didn't hear it in
the form of a question,
so I wasn't sure if
I needed to respond.
OK state that in a question.
All right.
So what if they come to you
with an urgent deadline?
Can you give us an estimate on
that, although the deadline is
not possible to meet?
How would you?
OK, so if people, yes,
people say to you,
I need something done by 4 weeks
and you know, it takes eight,
it's usually a function of that.
You just need
double the manpower
or you need them to agree to sit
at your office for like one day
a week.
So they can make approvals.
You can ask them to
be very clear what
you're showing the
work that they have
to prove it within an hour.
There's a lot of
concessions that you
can to make them feel at
ease that this can happen
despite the fact that
they're giving you
an impossible
deadline to work with.
Mm-hmm Right so you know this if
you put 10 times as many people
on it, it won't go 10 times as
fast, but or go at least twice
as fast.
Yeah yeah, I mean, we
need to consider that
through the process steps
in the middle as well.
Yeah OK.
Yeah OK.
Well, you guys at 250 PM
and for some of you guys
are super early.
For a lot of us,
it's really late.
I can see all our faces
melting here, especially
people on the West
coast, on the East Coast
where it's really late, right?
So guys, yeah, Yeah.
So Thanks for
doing this and I'll
see if I can continue doing it.
I don't know.
I am so tired, but I also did
like to two video sessions
that I saw on beat like a dog.
OK that's it for us.
Guys, I'm going
to stop recording
and I'll be posting
this call at some point.