If you need to make $5000 in 7 days watch this

Summary

This video explains a step-by-step method to generate $5,000 in just 7 days without needing a large audience or spending money on ads. The focus is on identifying communities with problems worth $5,000 and addressing them through niche targeting, qualification, and messaging. Instead of worrying about product creation, the video emphasizes finding people with high-value problems and offering solutions. By engaging the right market, closing sales becomes much easier. The strategy is to sell before building anything, similar to how music tours sell tickets in advance.

Takeaways

• 😀 Focus on finding the right audience rather than the product; it's all about people with expensive problems.
• 💡 You don’t need to spend money on ads or have a large audience to make $5,000 in 7 days.
• 🚀 Product creation and campaign building are often overrated; niche, qualification, and messaging are more important.
• ⚡ Prioritize solving a costly problem for your audience rather than worrying about what to sell.
• 📊 Find communities of people with problems worth $5,000 to fix. If the niche is too small, rethink it.
• 💬 Use simple, logical messaging that makes the audience feel like they're missing out on something valuable.
• 🛠 You don’t need a product ready to sell; the 'sell first, build second' approach is more effective.
• 💸 Helping businesses find lost or missed revenue is an easy pitch to justify high fees.
• 👥 The easiest sales happen when you position your offer as solving a clear and costly problem.
• 🎟 Think like concert promoters: sell tickets (or solutions) before building anything, just like Taylor Swift.

Q & A

What is the main method suggested for generating $5,000 in just 7 days?

The main method suggested is to focus on finding the right niche, qualifying potential customers, and crafting effective messaging instead of spending time on product creation or advertising.

Why is it recommended not to spend money on ads or rely on a large audience for this method?

The method is designed to be effective even for those starting from scratch without a list or audience, making it accessible to anyone regardless of their current marketing resources.

What are the three critical areas to focus on when trying to make money quickly according to the script?

The three critical areas to focus on are the niche, qualification, and messaging, as these are more important than product creation, campaign creation, and selling for quickly generating income.

How does the speaker suggest identifying potential customers for a product or service?

The speaker suggests identifying potential customers by researching and engaging with communities and groups of people who have problems worth solving and are likely to spend money on solutions.

What is the significance of understanding the 'cost, make, missing, and keep' framework in sales?

The 'cost, make, missing, and keep' framework helps in identifying problems that are costing the customer at least what you're charging them for, making it easier to justify your service or product's value.

Why is it advised not to create a product first in this method?

Creating a product first is advised against because it can be time-consuming and there's a risk that the market may not be interested. Instead, the method focuses on selling the concept first and then building the product based on confirmed demand.

What is the 'pre-selling' strategy mentioned in the script and how does it help in generating sales?

The 'pre-selling' strategy involves selling the concept or service before actually building the product. This helps validate demand, reduces risk, and ensures that there is a market for the product before investing time and resources into its creation.

How does the speaker use the example of the Ryong Hotel in North Korea to illustrate a point about product creation?

The Ryong Hotel is used as a cautionary tale about creating a product without first ensuring there is a market for it. The hotel was built without a clear demand, leading to financial strain and lack of interest, highlighting the importance of market validation before product creation.

What is the alternative approach to product creation suggested by the speaker, using the example of Taylor Swift?

The alternative approach suggested is to sell first, like Taylor Swift sells concert tickets before the event, and then build the product or service based on confirmed sales and customer interest.

What is the importance of having a clear understanding of the customer's problem when trying to sell a solution?

Understanding the customer's problem is crucial because it allows you to tailor your offer to their specific needs, making it more compelling and increasing the likelihood of a sale.

Outlines

00:00

💰 Rapid $5,000 Generation Strategy

The speaker outlines a method to generate $5,000 within a week without relying on loans or overdrafts. This strategy is adaptable for both beginners and experienced business owners. The speaker emphasizes that no significant investment in ads or a large audience is necessary. Instead, the focus should be on the right areas to sell effectively and make money. The speaker shares their personal success using this method, generating around $125,000 in half a year, and offers to teach this method for free. The process involves understanding the three essentials for making money: audience, more money, or time. Given the one-week timeframe, the speaker suggests focusing on areas that do not require significant financial investment or an existing audience.

05:00

🎯 Prioritizing Niche and Qualification

The speaker argues against the traditional approach of focusing on product creation, campaign, and selling when aiming to make quick sales. Instead, they advocate for prioritizing niche identification, qualification, and messaging. The speaker shares an experience with a marketing agency client who needed to cover a significant budget shortfall. The key takeaway was to focus on finding communities with problems worth solving rather than on the product itself. The speaker provides a worksheet to help identify potential client communities and understand their problems and spending willingness. The emphasis is on finding people with expensive problems to solve, which can then drive sales without the need for complex campaigns or products.

10:01

🔑 Unlocking Sales Through Problem Valuation

The speaker introduces a strategy to identify problems that customers are willing to spend significant amounts on, using the example of a $1,000 course. The approach involves finding 'missing sales' or opportunities that, if addressed, would justify the cost of the product or service being offered. The speaker suggests focusing on four areas: cost, make, missing, and keep. By identifying a problem that costs the customer more than the proposed solution, the speaker argues that sales become easier as the value proposition is clear. The speaker also provides a pro-tip: if one cannot find communities for a chosen niche, it may be too small or non-existent, indicating a need to reconsider the niche.

15:02

🚀 Selling First, Building Second

The speaker advises against the common practice of creating a product first and then attempting to sell it. Instead, they recommend selling the concept first and then building the product or service. Using the examples of the Ryongyong Hotel in North Korea and the预售 practices of pop stars like Taylor Swift, the speaker illustrates the importance of selling before building. The speaker suggests creating a simple offer, getting people on calls, and closing sales before investing time and resources into product development. This approach minimizes risk and ensures that there is demand before creation, aligning with the strategy of making $5,000 quickly within a week.

Keywords

💡Niche

A niche refers to a specialized segment of the market that has specific needs or problems. In the video, the speaker emphasizes that identifying the right niche is more important than focusing on product creation. The niche is critical because it determines who you are selling to and what problems you can solve for them. The speaker advises finding communities with problems worth solving, rather than worrying about the product itself.

💡Qualification

Qualification involves determining whether a potential customer fits the criteria for your offer. In the context of the video, the speaker argues that qualification is a crucial step before trying to sell anything. It helps ensure that the audience has a problem worth solving, and that they are both ready and able to pay for a solution. This helps focus on high-potential leads, making the selling process easier and faster.

💡Messaging

Messaging refers to the way you communicate the value of your offer to potential customers. The video stresses that effective messaging is key to making sales, particularly when dealing with the right niche. Messaging helps convey how you can solve a problem that is costing the customer money, and it plays a role in closing deals without aggressive selling tactics.

💡Product Creation

Product creation involves designing and developing a product or service to sell. The video challenges the conventional wisdom that product creation should be the primary focus, especially if you're working with limited time. Instead of creating a product first, the speaker advises focusing on identifying the right people to sell to. By doing this, you can build the product later based on the actual needs of your audience.

💡Campaign

A campaign refers to the marketing efforts used to promote and sell a product. The video explains that while many people believe creating a complex marketing campaign is essential for making sales, this isn't necessary if you are targeting the right niche with the right messaging. In fact, the speaker argues that focusing on product creation and campaigns prematurely can lead to wasted effort if the foundational work on the niche and qualification isn't done first.

💡Selling

Selling is the process of convincing customers to purchase a product or service. In the video, the speaker downplays traditional selling methods, emphasizing that when the right niche is targeted and messaging is on point, the selling process becomes much easier. The speaker argues that many people focus too much on selling techniques, when the real key to success lies in offering the right solution to a well-qualified audience.

💡Closing

Closing refers to the final steps in a sales process where the deal is finalized, and the customer makes a purchase. The speaker emphasizes that closing becomes much simpler when you’ve done the groundwork of niche selection, qualification, and messaging. Instead of using hard-sell tactics, you can make the customer feel like they are making a logical choice, which leads to easier sales.

💡Communities

Communities in this context refer to groups of people who share common interests or problems that a business could potentially solve. The video advises researching and engaging with these communities to understand their needs and determine if they are facing a problem worth paying to solve. By finding the right communities, businesses can better tailor their offers and messaging.

💡Problem-Solving

Problem-solving is at the core of the video's message. The speaker explains that instead of focusing on creating products, you should focus on identifying problems that your audience has—especially expensive problems. Solving problems that cost customers money, time, or resources is the key to generating sales. The product itself is secondary to solving a pressing issue that people are willing to pay for.

💡Offer

An offer is the product or service you provide to solve a customer's problem. The speaker stresses that creating an offer should come only after understanding the niche and the problems within that niche. Instead of spending time building an offer upfront, the speaker recommends selling the idea of the offer first and only creating it once there is confirmed interest and demand.

Highlights

Generate $5,000 in just 7 days without spending money on ads or needing a large audience.

The method is adaptable for both new and experienced business owners.

Instead of focusing on product creation, campaigns, and selling, prioritize niche, qualification, and messaging.

Success depends on identifying communities with problems worth $5,000 or more to solve.

If you can't find communities around your niche, it's likely too small or non-existent.

Understand four key areas for sales: cost, make, missing, and keep.

Focus on solving $5,000 problems for customers by identifying what they need to fix.

You can help customers gain or keep $5,000 by addressing retention, churn, or missed opportunities.

Selling becomes easier when you focus on the right offer for the right people, making campaigns less complex.

You do not need to build a product first; sell the idea before building anything.

Avoid wasting time on product creation before validating demand from potential customers.

If you can't sell something now, building it won't change that outcome.

The example of the failed $750 million hotel project in North Korea highlights the risk of building without demand.

Taylor Swift's pre-sold concerts demonstrate the power of selling before delivering.

By using simple offers and booking calls, you can close sales without creating a product first.

Transcripts

you need to make

$5,000 fast so instead of borrowing

money or using your overdraft I'm going

to explain step by step how to generate

$5,000 in just 7 days now what I really

like about this method is that even if

you're brand new or you've been running

a business for a long time you can

quickly use it to get four and five

figures into your bank account and if

you can do it once you can do it over

and over and over just like I have done

with these funnel Builders here here

here and here and other marketers just

like you now you might think that

there's a catch like I'm just going to

tell you to spend a ton of money on ads

or well yeah you can make $5,000 a week

if you have a huge list or an audience

nope even if you're starting from

scratch if you have no list or no

audience we're not going to spend a

scent on ads I've used this method all

the the time and to date I think it's

generated something like

$125,000 this year alone and we're only

sort of halfway through the year I've

taught this method to hundreds of my

funnel Builder students that struggled

with cash flow and making Fast sales

just like you and now I'm going to share

it with you for free so to start I want

to share a very fast and very adaptable

part of the process that makes it way

easier to sell and make money now if you

hate selling and sales and you feel

awkward when you're selling then this is

going to completely change the game when

it comes to making money plus if you've

ever struggled to pick the right thing

to sell and you're a little bit

overwhelmed with how many offers and

products and services you could choose

to sell this part is going to clear up

all of that for you so making money

requires three things it requires either

audience it requires more money or it

requires time now you can spend a ton of

money on ads and content creation you

can speak to your list or your audience

if you want to drive sales and of course

you can manually make sales and close

customers from scratch using time and

I'm going to assume that you don't have

a ton of money to pour into ads or to

pay someone to do this for you and I'm

going to assume you don't have a massive

audience but you do have some time

however we want to get you paid within a

week so we actually don't have a massive

amount of time which is why it's

critical that we focus on the right

areas so when it comes to making money

most people feel that making money

online or selling is broken into these

General categories we've got product

creation we've got The Campaign we've

got selling we've got closing we've got

messaging we've got the niche and and

we've got qualification now if we're

starting out and you only had 7 days

where would you put most of your time

and energy now bearing in mind our goal

is to do

$5,000 in s days so a full week and

obviously we want to have a decent

profit margin if we pretended that these

are seven buckets and you can only fill

three of them with water if you had to

make $5,000 quickly which three buckets

would you fill now most people would

fill the product creation bucket the

campaign creation bucket and the selling

bucket we kind of Imagine That in order

to make a lot of money and to sell stuff

sort of 80% of the effort is within

these three areas that's where you want

to spend most of your time and energy

and we think of the other pieces like

qualification and niching and closing

and messaging and stuff we kind of

consider them secondary tasks that

aren't the priority and the problem is

that seeing your product or sales

Journey as product campaign and selling

as most of the effort is categorically

incorrect now it's not your fault

because that's what you have been taught

over and over and over gurus love to

teach about product creation they love

to talk about new services and new

offers and you might feel that your time

if you only had 7 days was best spent

choosing the best product to sell

there's that kind of concept that well

if I choose the right product it'll sell

itself and it will be easier to sell and

the thing is you've got so many new apps

and platforms being released all the

time like this one behind me here from

the guys at high level it can seem a

little bit overwhelming knowing what to

choose and what to sell and then you

couple that you have all these new

platforms and you also have all these

new sort of methods I suppose things

like AI uh Automation and it can get a

little bit tricky knowing which of these

two to pick and how to build an offer

out of what's available in the market

and this is entirely the wrong mindset I

want you to avoid thinking like this at

all so one of our previous marketing

agency clients that I worked with they

actually needed to cover a $5,000

shortfall in their budget not $5,000

$50,000 and we needed to close something

like $10,000 within the week and what I

noticed is that the conversation

immediately turned to what would be the

best product to sell what should we

offer what should the thing be be that

we give to people and I'm going to say

you shouldn't worry about finding

products to sell you should worry about

finding people to sell to what I need

you to do is to find communities of

people that you can help who also have a

problem that's worth solving if we come

back to our buckets this is incorrect

worrying about the product and the

campaign and selling is fundament wrong

instead the number one thing you need to

work on is the niche the number two

thing you need to work on is

qualification and the number three thing

you need to work on is messaging when we

find a group of people who have a

problem that is costing them

$5,000 the money isn't in the product or

the solution it's the people it's

especially if those people have an

expensive problem forget the product and

the offer and the delivery for now

instead I want us to pour all our

efforts into these three buckets now

closing and selling are way way way

easier when you're marketing the right

offer to the right people the campaign

doesn't need to be clever or complex

when you've got the right Niche and

you're qualifying people it takes care

of itself and the product should doesn't

need to be complex either so I asked my

clients I want you to go ahead and find

community communities research groups of

people and what we did is we used this

worksheet here so I asked my clients to

research and find groups of people I

wanted them to find groups of people and

communities that they could engage with

and communicate with I wanted them to

segment the different types of markets

and what their problems are and research

a ton of problems that their different

markets have and we use this worksheet

here uh to figure out where other

businesses and where they clients are

hanging out and to list all the

different places that we might find our

ideal clients plus it helps us

understand what problems they have and

what they're willing to spend if they're

willing to spend anything at all now Pro

tip if you can't find any communities

for your chosen Market or your Niche

using a list like this that means it's

too small or it doesn't exist so go back

to the drawing board and think about

another Niche because we need to find

people with problems that we can solve

problems that are costing them more than

$5,000 but that raises the question and

my client said the same thing how do I

know what problems are worth $5,000 to

people now by the way if you want this

community research worksheet you can

actually get a free copy down below it's

just a Google doc as you can see it

lists out all the places that you can

look to to find groups of people if you

use the link below or head over to go.

sellou service.co uk/ resesarch and you

can get this worksheet for free so how

do we know what problems people have

that they're willing to spend $5,000 on

now this next part unleashes the ability

for you to sell anything to anyone if

you can get this you will never have to

worry about making sales ever again and

even better than that if you hate

selling or you feel uncomfortable

selling and closing this is the best

method that I know of in order to sell

things and make money without actually

having to sell it basically gets the

customer to ask to buy from you the

easiest sale in the world is when it

seems like a smart logical choice now

there are four areas for making sales

there's cost there's make there's

missing and keep and the problem that

you solve needs to cost the customer at

least what your charging them for

example let's say that you work with

course creators and they sell a

course uh for

$1,000 you need to help them find five

missing

sales if you're charging

$5,000 the problem you solve needs to be

costing them more than that so I want

you to identify one thing that they need

to fix I need you to outline what it's

costing them and I need you to tell them

that you can fix it for example if we

can help people make $5,000 or if you

can help five people make $11,000 maybe

they have a $1,000 product and you're

going to help them find five of them if

if you charge someone $1,000 and you

said I'm going to help you find $5

$11,000 clients they will understand

that that's a problem they they're

solving but it's not just about making

we sometimes call this gaining it's also

about keeping clients let's say you work

with uh SAS businesses or you work with

gym memberships and their average price

is let's say $100 a month if you're able

to help them keep 10 of those that's

$1,000 a month you're helping them keep

if they have a problem with like churn

or retention this might be a really

valuable problem for you to solve

there's also opportunities that there

missing now this is my personal favorite

for example let's say that if you're

able to help them find one $5,000 client

and you're able to angle it in a way and

say I can help you close clients that

you're missing out on that's a really

easy way for you to fix a part of their

funnel and find them one two three

clients that they charge $55,000 for but

you're only charging $5,000 or $2,000 in

order to be able to help them and

finally there's a cost this could be

anything from the CEO's time let's say

that the CEO is $11,000 an

hour if you help them eliminate two

meetings a month then you're saving them

$22,000 a month that's

$24,000 a year and you could charge

$5,000 for helping them do that and

there might be other things for example

their salesperson might be costing them

an extra two 24,000 a year or an extra

$5,000 a month there's ways for you to

be able to figure out why is there a

logical reason why someone should work

with me because when I look at the

groups of people earlier from our

community and I identify CEOs I identify

course creators I identify people who

are already making sales and I say well

what's costing them $5,000 how can I

help them make $5,000 how can I help

them keep $5,000 or where are they

missing $5,000

that is an extremely powerful pitch for

you to be able to help them and one of

my favorite ways to get someone to work

with me is would you like some help with

that if you said to people I've got a

method for helping YouTube businesses

like this one YouTube channels land five

$5,000 private coaching clients because

you're missing out a critical part of

your funnel infrastructure I guarantee

you will have people reaching out to you

and saying that sounds like something

I'd like help with if you then have a

conversation with them ask them

questions about their business and say

okay would you like some help with that

most of them will go yes please that

sounds fantastic how can I work with you

and you also don't have to do like

clever closing practices because the

maths make sense for them to work with

you okay so how do we actually get

people to buy from us now you might

think that you need to build the product

and that is the worst possible thing

that you could do so if we go back to

our buckets I'm now going to remove the

single biggest roadblock to making money

that everybody faces I'm going to speed

up how quickly you can make sales this

will also make selling new products and

ideas much faster and easier and I'm

going to cut your workload in half with

one simple change so everyone else is

going to teach you to either pick a

product or build a product they'll you

either create a course or something like

this to sell and this is fundamentally

incorrect do not create a course or a

product yet you simply don't have time

we all get super excited about building

and creating products and coming up with

something so exciting and interesting

that people will buy it let me know in

the comments if this has ever happened

to you it still happens to me all the

time I regularly come across an app and

I'm like oh my God I could sell this to

people that would be so easy or oh my

God I got this new idea for a course or

a program I should build that and I

should sell it I have worked with so

many agencies and course creators and

coaches and funnel Builders who have

created a product spent time energy and

effort pouring all of their energy and

resources into this bucket filling it up

where they don't have any more time and

then when it comes to actually selling

it it's crickets no one's interested

because they haven't done this in the

right order we need to think more in

terms of Music tours and concerts rather

than the Rong Yong Hotel so apologies if

I'm pronouncing that incorrect the ryong

hotel is a hotel in North Korea right

and it was basically built without

selling the method that I'm going to try

and show you here is to

sell

first and then build

second I'm just going to write that

first of all would you like to Hol day

in North Korea I wouldn't particularly

um and the estimated the rumored cost is

something like 750 million now you have

to understand that's for North Korea it

was something like 2% of their GDP it's

an enormous amount of money to spend on

a hotel and here's the insane thing

about it it's kind of semi half

completed apparently there are like

little segments that you can kind of

stay in but they didn't build anything

that had a demand behind it we

constantly hear like build it and they

will come that doesn't happen all the

time and it's extremely dangerous and it

can cost you a lot of money so North

Korea spent 750 million building a hotel

and then they basically ran out of money

and they weren't able to get anyone

interested because who the hell wants to

Holiday in North Korea pivot to Taylor

Swift right now a lot of people

constantly say to me Mike you're

constantly comparing North Korea and

Taylor Swift and I swear this will be

the last time I do it Taylor Swift or

any of the huge like kind of Mega pop

stars any of the regular kind of pop

stars and rock bands they will sell

tickets sometimes years in advance they

make their income before they make the

show in some cases they'll even attempt

to sell tickets and when they realize

there's no demand they'll actually

cancel that part of the tour and move it

to a different place they also have a

pre-existing base they have an audience

of customers who have already bought

from them Taylor Swift has her extremely

loyal fans who will buy anything and

everything that they can get their hands

on when Taylor Swift makes an offer she

takes your money first I know like

Ticket Master do and there's a whole

thing like whether she'll take over that

part of the process but regardless you

hand your money over way before they've

delivered the service of a music venue

to you so what you need to start doing

is selling that overall concept that

you're giving and creating a very simple

offer getting people on calls and then

closing them way before you build

something if you can't can't sell it now

you sure as hell are not going to be

able to sell it just because you've

built it now you're probably thinking

what was the actual campaign that I used

to generate sales and that's why I've

got this video here talking about how I

made $20,000 in one weekend so if you go

ahead and click on that one you can see

the exact sales page and the emails I

sent to bring in over $20,000