How to Make Money So Fast It Feels Haram

Summary

This video script offers a clear roadmap for how to make money online by identifying customer pain points and creating no-brainer offers. It emphasizes the importance of selling outcomes, not the process, and leveraging customer pain to offer high-value solutions. Real-life success stories are shared to demonstrate how this approach has led to impressive earnings for others. The script provides actionable steps for finding ideal clients, crafting compelling offers, and making persuasive sales pitches, encouraging viewers to take the next step in their entrepreneurial journey.

Takeaways

• 😀 People spend money because of pain, convenience, or status. Pain is the most effective motivator for making sales.
• 😀 When selling, focus on the outcome, not the process. People care about what will happen after they buy, not how you’ll deliver it.
• 😀 To find people willing to spend money, track your own spending habits and categorize purchases into pain, convenience, or status.
• 😀 Businesses spend money as investments, not expenses. Target businesses to find clients with the potential to buy your services.
• 😀 When selling to businesses, focus on helping them with marketing, sales, or delivery. These are the most common areas they invest in.
• 😀 For local businesses, use Google Maps to segment and target specific types of businesses (e.g., restaurants in a specific city).
• 😀 Online, look for businesses running ads, creating content, or selling products. These activities indicate money is being made and spent.
• 😀 When doing cold outreach, avoid generic, copy-pasted messages. Personalize your message to show you understand the pain point of the business.
• 😀 Use a three-step sales framework: locate the pain, evaluate the pain, and make an offer based on the pain and its solution.
• 😀 The three P's framework for selling includes: Pain (highlight the problem), Path (describe how you’ll solve it), and Proof (provide evidence).
• 😀 For pricing, ensure it’s a no-brainer by offering a significant return on investment for a fraction of the cost, typically using a 10:1 ROI ratio.

Q & A

What is the most effective way to make money online according to the script?

The most effective way to make money online is by identifying and solving painful problems for people. When a person is in pain, they are more likely to spend money to alleviate it. The key is to find where people are in pain and offer them a solution that directly addresses their issue.

How does the speaker recommend selling a product or service?

The speaker advises selling based on the outcome, not the process. Rather than explaining how the service works, focus on the benefits the customer will experience after using the service, such as how it will help them solve their problem or improve their situation.

Why does the speaker advise avoiding selling 'convenience' products?

Selling convenience products is risky because these products often don't offer a critical need or urgent solution. People who purchase convenience items are typically looking for the cheapest option, and such products are more likely to be replaced or abandoned when the market gets tough.

What are the three main reasons people spend money, as mentioned in the script?

People spend money for three main reasons: to solve a painful problem, for convenience (to make their lives easier), and for status (to enhance their image or social standing).

What is the mistake people commonly make when trying to sell online?

The common mistake is selling the process rather than the outcome. People should focus on what happens when the product or service is used, not how it works.

How does the speaker suggest finding potential customers who are in pain?

The speaker suggests tracking where people spend money and observing their spending patterns. By identifying where money is being spent, especially in areas where people are addressing painful problems, you can pinpoint potential customers.

How should one approach outreach to potential customers according to the script?

Outreach should be personal and warm. The speaker recommends sending 'warm' messages to cold prospects by talking to them as if you already understand their pain and offering a solution that resonates with their needs.

What is the 3-step framework for closing a sale, as explained in the script?

The 3-step framework involves: (1) Locating the pain, (2) Evaluating the pain, and (3) Making an offer based on the identified pain and how the service or product can solve it.

How does the speaker suggest determining the price to charge for a service?

The speaker recommends using a 10:1 ratio for pricing. If you’re making your client $30,000, you should charge around $3,000 for your service. This ensures the offer feels like a no-brainer.

What is the final piece of advice for people who want to charge more money?

If you want to charge more money, focus on delivering your service better and faster. By offering a premium service that saves time or provides more value, you can attract clients willing to pay higher fees.