How Iman Gadzhi Made a $80M Sales Funnel (Genius Strategy)
Summary
TLDRThe video script explores the journey of Ean Godzi, a high school dropout turned multimillionaire, highlighting his mastery of marketing and sales funnels. It delves into the strategies behind his three-tiered funnel system: attracting leads through free events, nurturing them with online programs on 'Educate', and ultimately converting them into high-value clients with his SaaS product, 'Floy'. The analysis uncovers the secrets to his rapid wealth accumulation, emphasizing the importance of creating open loops, addressing customer questions, and leveraging the power of benefits in marketing.
Takeaways
- π Ean Godzi, a high school dropout, built a net worth of over $80 million through his exceptional marketing skills and sales funnel strategies.
- π To investigate someone's ads, one can use the Google Ads Transparency Center by searching for their website name to see the ads they are running.
- π The 'Rescue' event is a top-of-funnel strategy used by Godzi to attract leads by offering a free event that creates curiosity about 'five lost principles'.
- π The middle of the funnel involves offering an online program called 'Educate' which is a master class for young entrepreneurs aiming to become millionaires.
- π― Godzi uses the 'four U's' (Useful, Unique, Ultra-Specific, Urgent) in copywriting to create compelling headlines for his sales funnels.
- π‘ The sales page for 'Educate' includes trust badges and value propositions to reassure potential customers and reduce the fear of purchasing.
- πΌ The bottom of the funnel is a SaaS product called 'Floy', which has a higher valuation potential compared to an education company like 'Educate'.
- π‘ The 'Floy' funnel emphasizes benefits over features, highlighting how the software can help users attract more clients and serve them better.
- π° The pricing strategy for 'Floy' is presented in a way that builds value and reduces the perceived cost, with options to pay more for additional clients and team members.
- π The script suggests that inconsistencies in pricing and messaging across different parts of the funnel can confuse potential customers and potentially reduce conversion rates.
- π οΈ The speaker recommends adding a comparison chart and an FAQ section to the 'Floy' sales page to address potential customer concerns and increase conversions.
Q & A
What was Ean Godi's initial struggle after dropping out of high school?
-Ean Godi struggled to get his feet off the ground in the beginning of his entrepreneurial journey, similar to many others who start from scratch.
How did Ean Godi's net worth increase to over $80 million?
-Ean Godi's net worth increased significantly due to his superpower in marketing, which allowed him to generate customers effortlessly and amass a fortune through his sales funnels.
What is the purpose of the 'Rescue' event in Ean Godi's sales funnel?
-The 'Rescue' event serves as the top of Ean Godi's sales funnel, attracting new leads by offering a free event that promises to reveal five lost principles of true freedom.
How does Ean Godi create an open loop in the minds of his audience?
-Ean Godi creates an open loop by intriguing his audience with the promise of revealing five lost principles during the 'Rescue' event, thus driving curiosity and engagement.
What is the significance of the Google Ads Transparency Center in analyzing Ean Godi's ad strategy?
-The Google Ads Transparency Center allows anyone to see the ads that Ean Godi is running, providing insights into his advertising strategies and the messages he uses to attract customers.
What is the role of the 'Educate' program in Ean Godi's sales funnel?
-The 'Educate' program is part of the middle of Ean Godi's sales funnel, where he offers online programs and coaching to the leads generated from the 'Rescue' event.
How does Ean Godi use the 'four U's' principle in crafting his headlines?
-Ean Godi applies the 'four U's' principleβUseful, Unique, Ultra-Specific, and Urgentβto make his headlines more compelling and effective in attracting his target audience.
What is the significance of the 'Floy' platform in Ean Godi's overall business strategy?
-The 'Floy' platform, a SaaS product, is significant in Ean Godi's strategy as it allows him to amass a large part of his net worth due to the high valuation multiples associated with SaaS businesses.
How does Ean Godi address potential customer concerns and objections in his sales funnel?
-Ean Godi addresses customer concerns by providing clear information, such as the online nature and free access of his events, and by using trust badges and guarantees to alleviate purchasing fears.
What inconsistencies were noted in the sales funnels and how could they affect the conversion rate?
-Inconsistencies such as different calls to action and pricing information across the funnel could confuse potential customers and potentially lower the conversion rate. Clear and consistent messaging is crucial for effective conversion.
What additional elements could be added to the 'Floy' platform's sales page to improve conversion rates?
-Adding a comparison chart to show how 'Floy' compares to other software and including an FAQ section to address common customer questions could help improve conversion rates by providing more information and reassurance.
Outlines
π Entrepreneurial Success: Ean Godzi's Marketing Superpower
Ean Godzi, a high school dropout, leveraged his marketing prowess to amass a net worth of over $80 million. The script delves into his sales funnel strategies, which have been instrumental in his success. It highlights the importance of the top, middle, and bottom of the sales funnel, and how Godzi uses these to generate millions monthly. The script also suggests using Google's Ads Transparency Center to analyze competitors' ad strategies. The 'Rescue' event is identified as a top-of-funnel strategy to generate leads and create interest without immediate sales, using ancient Greek principles as a hook.
π Educate's Masterclass and High Income Career Opportunities
The script explores Educate's masterclass as a middle-of-funnel strategy, positioning it as a gateway to a high-income career and a new generation of young millionaires. It discusses the use of the 'Four U's' (Useful, Unique, Ultra-Specific, Urgent) in crafting effective headlines and calls to action. The summary also touches on the importance of addressing potential customer questions and objections within the sales funnel to increase conversion rates. Trust badges and value propositions are highlighted as tools to alleviate purchasing fears and emphasize the benefits of the program.
πΌ Floy's SaaS Model and Its Impact on Ean Godzi's Net Worth
The script concludes with an analysis of Floy, a SaaS product that significantly contributes to Ean Godzi's wealth. It contrasts the value multiples of SaaS companies with those of education-focused businesses like Educate. The funnel's bottom is examined, with a focus on Floy's appeal to coaches, consultants, and agency owners. The script points out inconsistencies in messaging and pricing that could affect conversions, suggesting improvements such as clearer pricing communication and the addition of an FAQ section. The importance of a strong call to action and leveraging social proof through the number of businesses using Floy is also discussed.
Mindmap
Keywords
π‘Entrepreneurship
π‘Sales Funnel
π‘Marketing Superpower
π‘Google Ads Transparency Center
π‘Lead Generation
π‘Conversion Rate
π‘SaaS (Software as a Service)
π‘Value Proposition
π‘Inconsistencies
π‘Call to Action (CTA)
π‘Conversion Rate Optimization (CRO)
Highlights
Ean Godzi, a high school dropout, achieved a net worth of over $80 million in a few years through his marketing prowess.
He uses three distinct sales funnels to generate millions of dollars monthly.
Google Ads Transparency Center can be used to analyze competitors' ads.
The 'Rescue' event is a top-of-funnel strategy to attract leads and create curiosity.
Open loops are created to intrigue visitors and encourage event attendance.
The design and copywriting of the 'Rescue' event page are aimed at lead generation and indoctrination.
Ean's past events have generated significant revenue, such as over $4 million from a single event.
EDUKATE is a masterclass program aimed at young millionaires, using the four U's in copywriting.
Trust badges and value propositions are used to alleviate purchasing fears and highlight benefits.
Floy, a SaaS product, has the potential for higher valuations compared to education companies.
Floy's marketing focuses on benefits over features, emphasizing client attraction, service, and retention.
AI integration is presented as a coming feature to excite potential customers about future capabilities.
Inconsistencies in messaging can confuse potential customers and impact conversion rates.
A single pricing plan may not be as effective as tiered pricing for increasing average order value.
The importance of addressing potential customer questions with an FAQ section to reduce friction.
The use of social proof, such as the number of businesses using Floy, to encourage sign-ups.
A call to action at the end of the funnel to encourage trying the product for free.
Transcripts
6 years ago Ean godi dropped out of high
school to pursue entrepreneurship and
like most of us he struggled to get his
feet off the ground in the beginning but
over the past few years he's quickly
passed all of his competition amassing
in net worth of over $80 million so what
took him from a high school dropout to
Mega millionaire in just a few years
well he has a superpower in marketing
that allows him to generate customers
basically at the snap of a finger and
today we're going to look inside of his
sales funnels the top of the funnel the
middle of the funnel the bottom of the
funnel the three sales funnels that are
allowing him to generate millions of
dollars every single month and the
secrets he's using to do so so if you
ever want to know what ads somebody's
running you can actually go to Google
ads transparency Center if they're
running ads on Google or YouTube You're
Going to find them here so you can
search by their website name so in this
case we would search educate doio that's
his website name search that and then we
can see the dozens and dozens and dozens
of ads that he's running and if we look
at any one of these ads you can see they
go to this page called the rescue and I
can click sign up and go to what looks
like a free event right and all of these
ads pretty much go to this exact same
place and the reason is because this is
the top of his funnel this is where he's
bringing people in originally and that's
why he's advertising to it before
they're actually customers so this page
is where the ads are pushing it's called
the rescue it says rescue starts now
it's from October 30th to November 6th
so it's a free event it says long before
the modern day education system the
ancient Greeks found five principles to
achieve true freedom but today less than
1% of the population actually knows
about these and according to this over
these few days they're going to rescue
these five loss principles and show them
to the world which is pretty interesting
and what this is doing is creating an
open loop in the people that come to
this page because they want two things
to happen they want people to sign up
for the event so they can get the lead
and they want people to show up and if
they just Intrigue you enough just to
sign up but there's no you know
curiosity that drives you to show up
then their leads are basically worthless
right so they're creating this open loop
where you're like what are these five
lost principles I got to go to the event
to actually find this out uh from a
design perspective this looks really
really cool I'm curious if they've tried
more you know like better headlines
rather than the rescue starts now um I'm
assuming they have split tested that and
then you can click to reserve your spot
they'll s you to like a confirmation
page after you enter your name email and
phone number and then it says what
you're about to discover the three
different days and these are basically
headlines uh for each specific day right
the secret origins of Education like
what is that how to achieve success even
in a rigged game I'm sure that's
probably where he's going to pitch
something if he is pitching something
and then it all starts October 30th 100%
online and free to join he's answering
that question of hey it's 100% online
and it's free to join cuz people are
going to wonder is this in person does
it cost money right you have to answer
the questions that are going on in your
traffic's mind if you want to increase
your conversion rate so this is the top
of the funnel and I would assume if he
does what he's done in the past which is
sell his programs in the past at the end
of these events I'd assume he's going to
push people to educate and this process
this event funnel has worked very very
well for them I was chatting with their
CEO like last year and he told me that
they made over $4 million from one of
these events and I wouldn't be surprised
if that number is now higher because his
channel his YouTube channel has grown
substantially since then so this is the
top of the funnel they're getting people
to this event they're not making any
money but they're generating lead flow
and they're indoctrinating I guess for
lack of a better word their leads Their
audience to believe what they're going
to offer them right and the next thing
they're going to offer them is educate
educate is their basically Master Class
where they have their own online
programs and coaching so the headline
here is launch your high income career
and join the new generation of young
millionaires now when you're writing
headlines there's a really useful tool
it's called the four use and you want
your headline to have at least two of
these four use if it's going to be
successful it's useful unique Ultra
specific or urgent so if we take those
four use and we apply it here we can see
this is somewhat useful right cuz it's
saying launch your high income career uh
you can say it's pretty Ultra specific
cuz it's young people Young milliona
uh and then it's kind of uh this unique
right it's kind of unique because it's
New Generation so you're wondering like
what is new about this um but overall
this headline is probably like a 6 out
of 10 at least from like copywriting
principles but who knows how it's
actually working so are you ready to
embrace the unconventional path or are
you just going to settle for
conventional results and then they have
a little video where it shows what it is
I want to save my spot right interesting
call to action there rather than just
join now it's I want to save my spot
kind of suggesting that they're going to
run out so down here are some trust
badges two of these are value props and
two of these are kind of removing some
of the fear of purchasing so immediate
access value prop but also answering an
important question when will I access
this if I pay now second always up to
date it's a value prop that they're
going to continue to get more from their
purchase 14-day guarantee removing the
risk secure purchase removing the fear
that their credit card is going to get
St stolen by putting it into this
website then it breaks down what's
inside of the program hottest
opportunities coached by industry
experts growing portfolio of programs
I'm sure you can see what they're doing
there the programs you get then they
break down these three different
programs with these cool trailers inside
of them that again are just hyping up uh
the different programs that they're
going to get so again not too much to
say here they're just breaking out these
people are getting the hottest
opportunities right they're selling that
this is something new it's Unique right
again the four us are hitting on that
unique aspect when you join educate
today you get full and immediate access
to and then again they're going to break
it down one more time and they're
pre-framed right and then they do
something pretty smart here and what
they do is they build annually but they
break it down per month at least when
they pitch it here $125 per month build
annually it's much easier to swallow
than $1,500
and then they have these four badges
here clarina PayPal Stripe afterpay from
these businesses other people trust
right so you're kind of borrowing some
trust from these other businesses so you
click here and then it takes you over
here to stripe and one thing I'm
noticing right off the bat that they
could probably be doing better is it
says I a Services FZ Cod if you're
somebody who is very new to Eman godzi
or to educate and you go to educate doio
and then you land here you're going to
be thinking what's i a Services why am I
paying them I thought I was paying
educate it's probably a small thing but
I'm sure some people are thinking that
we just found this in another client's
business that we're doing conversion
rate optimization for and these small
little tweaks bump up the conversion
rate by removing some of the different
questions and objections and
inconsistencies that people see when
they go through your funnel and another
one of those is it says 125 build
annually but then right here is just
just $4.95 so if somebody missed the
build annually part they're going to get
and they're going to bounce right and
they're going to say well why is it now
$4.95 I thought it was1 125 a month so
if they reiterated that here 125 build
annually on the checkout page and then
they had the full 425 people can at
least understand what's going on here
and they're using a stripe checkout page
here which is nice cuz it's super easy
you know it's going to work but I'd be
curious if they split tested this
checkout page because a lot of times
we've split tested checkout pages and
seen 30 40% boost in conversion from one
checkout to another and the last time I
tried a stripe checkout for a client it
did not perform very well at all in fact
the other checkup page performed way way
way way better uh than the stripe
checkout page that's something that they
could test so that's it for educate but
if we head over to the third funnel
which is the bottom of the funnel and
really where he's been able to amass the
most amount of his net worth is a
company called Floy formerly known as
agency
now the reason I say this is where he's
been able to amass the massive amount of
net worth that he has is because this is
a SAS product and if you know anything
about SAS you know the multiples that
they're able to be valued at is so much
higher than a company like educate and
the perfect example of this is a company
I sold a couple years ago it a similar
company to educate an education type
company and we got a 2.6x multiple on
our Revenue so every dollar made Revenue
it was worth 2.6 times that okay but but
if you compare that with a company like
Floy a SAS company it's not uncommon to
see 10x 20x sometimes even 40x multiples
especially 2 years ago before interest
rates were crazy and the economy was a
little bit in shambles so a company like
this that say is doing $10 million in
Revenue a couple years ago it's not
uncommon even if they're making no money
in profit every year losing money to be
worth $200 million teachable was an
example of that they sold for $200
million on either 10 or 20 million in
Revenue with no profit so now diving
into this funnel a super W and then it
says for coaches Consultants all these
different audiences calling out all
these different people and this is
something they did recently this used to
just be for agency owners but they widen
their market right I think they're
getting ready again for this to be able
to be sold they wanted to have a wider
Tam and then the call to action try for
free it's a great call to action it's
inconsistent with up here the get
started called action which is
interesting and then immediately you can
kind of see here how this is different
it replaces these apps and you're saying
okay all right I use those apps how does
it replace it and then we go in and it
starts explaining what this does a track
more clients serve them better and keep
them longer and the reason this is a
great copy is it's not feature based
it's benefit based when you use this you
get to attract more clients serve them
better and keep them longer and then
they go into some features of what you
actually get which is still important
right people need to know what the
software actually does and then they
have this little AI piece that's
apparently coming soon which again it's
hot right now it's going to sell the
product people are excited about ways to
use AI inside of their businesses and
then as we get you built by agency
owners for agency owners again trying to
show it's not some just big corporate
company but they understand the problem
that agency owners actually uh
experience but again if you notice this
this is now another inconsistency
because it's agency owners for agency
owners but up here you're it's for
coaches and consultants and digital
entrepreneurs or whatever it says so if
I'm one of those people now I'm like why
is this for agency owners I thought it
was for me and then this next section
here shows three other reasons why you
should sign up get more clients again
you're you're selling the benefit not
the feature keep your clients always up
to date allinone Place consolidate your
Tech stack and then next up pricing
level up your business start for free
and again the same main benefit headline
there and then $29 per month this plan
includes one user and and then it breaks
down everything you get I'm not sure why
they only have one pricing plan now they
used to have three I can't imagine this
actually working better maybe it does I
don't know but if you look at pretty
much any SAS business any big SAS
business they have three tiers and
there's a reason for that it anchors the
middle option increases average order
value and then still a certain amount of
people are going to choose that most
expensive tier allowing you to make more
money I mean they do have it to where
you have have to pay more for more
clients and team members um but you know
I think if they had three from the
beginning their average order value
would be bigger and then here we have a
little calculator where you can actually
figure out how much it's going to cost
but what's interesting here is if I go
one in one one team member one client
right um which here you know I'm
assuming that's what this is so $29 per
month uh it says one user so if I do
that maybe if I go one user no clients
nope still this is inconsistent once
again we've been seeing that all day
today it's $41 per month at the cheapest
for one team members when it's $29 a
month here so again inconsistencies are
going to confuse people and then lastly
another call to action join 18,000
businesses using Floy this part is great
right at the end of your pages people
get down to the end you want to give
them that one last call to action we do
this on all of our funnels it says try
for free again an easier call to action
a lower risk than sign up up now two
things here that i' would probably do
that i' probably add to this page is one
a comparison chart they kind of have it
here but I'd probably add a comparison
chart where it breaks down the different
features of different softwares versus
this one I know they kind of have that
here but you could probably do that a
little bit better and then the second
thing is they have no FAQ they have that
on educate right you can see at the
bottom of the page they're answering
these questions but they don't have it
here so it's again it's something that
uh can be Los conversions if people have
questions that are not getting answered
on this page right it's a great way to
just push people past that final Edge so
that's it for these three funnels this
is the bottom of the funnel you can see
how he's bringing people in the top
through ads into these events
indoctrinate them getting them inside to
educate and then bringing those educate
students into Floy where he can really
increase his net worth it's a beautiful
funnel that's working obviously
extraordinarily well considering he's
worth over $80 million now if you want
to know the four things you can do to
increase your conversion rate by 2 to 3x
if you're not already doing them check
out this video right here I think you'll
enjoy it I'll see you there
Browse More Related Video
Facebook ADS Marketing Funnel 2024 π₯ | I Bet Nobody's Telling This π€
Proven Funnel Formula That Has Made MILLIONS
Step by step how i made $16.4M so you can just copy me
How to Make Money With Digistore24 Affiliate Marketing (Make Money Online)
Should your online course have community? | MC 024 w/ Jordan Godbey
B2B Sales Funnel: 3 Strategies To Selling A SaaS Product
5.0 / 5 (0 votes)