Online Business Tip: A Foolproof Method For A Huge Business BREAKTHROUGH!!!

I’m tired…

In fact, I was trying to figure out how I could use the snowstorm in the northeast, to postpone this post.

But even my creativity has limits.

You see, I was up later (last night) than I would have liked…

We had the family over for the Super Bowl last night. (What an amazing game -btw)

Which reminds me of an unfortunate story about a cousin of mine…

WHO THOUGHT HE WAS…
AN ENTREPRENEUR!

My cousin, Phil, always thought he could succeed as a restaurateur…

His first idea was:

All You Can Eat For 75 Cents… That didn’t work.

So he went 180 degrees in the opposite direction:

All You Can Eat For $1,997… That didn’t work either…

Then he made his fatal mistake:

All You Can Eat For FREE! …He closed after just one meal.

Phil’s Mistake: Relying on price to make his mark in his industry.

Big Mistake.

As you can imagine…

THERE’S GOT TO BE…
A BETTER WAY!!!

So, what is the best way in the world…

The best real, No BS way… to identify…

THE LUCRATIVE SWEET-SPOT
IN YOUR MARKET?

Even if you are starting out with nothing.

In this post I plan to answer that question fully.

And I’m even going to start with these 3 assumptions:

  1. You do not have a product
  2. You do not have any money
  3. You do not have a clue where to start

Wow! Can you really be successful with what I am about to show you?

Even if you’re starting out from there?

YES!
YOU BET YOU CAN!

I’ve done it, and I’ve taught hundreds… if not thousands, of entrepreneurs (just like you) this technique… and, well… the results speak for themselves.

Come closer to the screen. STOP SCROLLINGRead this carefully

I’ve figured out the easiest, most foolproof way to come up with niche transforming breakthroughs in a flash.

And today, I am going to show you…

HOW IT’S DONE!

Alright, so… what are we waiting for? …let’s get the party started…

But wait, it gets even better. Because you’re also going to learn how to shift from an opportunity-seeking mindset to a strategic-thinking entrepreneur.

And it’s all going to happen in the blink of an eye…

Now, before going any further, let’s define “Strategic Thinking.”

For simplicity sake – we’ll define strategic thinking as the art of outdoing an adversary, knowing that the adversary is trying to do the same to you.

Of course, we could expand the definition… and we probably will in future posts – but for now this will do.

You see, in past posts we’ve talked about problems, value-creation, prospects, and clarity. All of which are vital to comprehend.

But we haven’t talked about your market… Or those nasty little competitors that selfishly want the profits that are rightfully yours.

So, today, I’m going to show you how to…

ELEVATE YOUR THINKING, AND….
ELEVATE YOUR BUSINESS & INCOME!!!

In other words, you need to stop just thinking of yourself, your prospects, and your business.

You need to take into consideration your competitors, and what they are already doing.

So, that’s exactly what we’re going to do…

And we’re going to start with a counter-intuitive approach.

More specifically, I’m going to show you why it’s so damn profitable to…

FOCUS ON THE NEGATIVE!

Yep, you read that correctly…

Focusing on the negative can be extremely profitable.

That is… when done correctly.

You see, most of us are better negative thinkers than positive thinkers.

Now, don’t get me wrong – I’m not saying that you’re a pessimist, worrywart, or cynic. Far from it…

What I am saying is you’re thinking is much more clear  (for most) when focusing on negative issues than positive issues.

For example – I have found it’s much easier for entrepreneurs to come up with breakthrough after breakthrough by being focused on the negative.

It’s O.K. if you don’t believe that right now – cause I’m certain you will by the time we’re through.

Anyway,  we’re looking for a marketing breakthrough, and that’s what I promised you today – so…

LET’S GET ON WITH IT!!!

You ready? I sure am.

Alright, consider this a step-by-step method, that when followed will generate breakthrough marketing concepts that have the potential to turn you into a millionaire. Seriously.

STEP #1: What’s Dangerous For You Competitors?

How it’s done: Identify each of the major competitors in your marketplace. You know, the successful ones, the ones who are currently raking in the biggest profits.

For each one, spend enough time looking over their site, their products, their offers, etc. And ask yourself…

“If I was them, what would be the most dangerous thing a competitor could do that would really mess up what I’m doing?”

Think about:

  • What type of products would make theirs obsolete…
  • What type of information or advice would make their appeals fall flat…
  • What methods or processes would make what they offer redundant…
  • etc.

And generate as long a list as possible for each and every competitor.

Then when you’re done – combine your lists and identify the ones that seem to be common for all the established competitors.

Why it’s done: Like I said earlier, it’s easier to focus on the negative. And like a sprinter who needs a starting block to push off of…

Using what would be dangerous for your competitors is a great starting block to push off - for brainstorming your biggest marketing breakthrough.

Example: When I was just starting out, I went through this same process.  And the magical observation I made was this:

Show prospects that gurus were keeping them opportunity-seekers. And show them a path to break free of opportunity seeking and transform themselves into strategic entrepreneurs.

I realized that this was probably the most dangerous action that could be taken against my competitors. Because that’s what they were praying on. And once I let the cat out of the bag:

  • Their products would be seen for what they really were – magic buttons that never worked…
  • Their appeals would fall flat because they’d be seen as the problem – not the solution…
  • etc.

Of course, I came up with many more – but as soon as I saw that one – I saw the magic.

Next…

STEP #2: Which Are Best For Prospects?

How it’s done: After you’ve created your competitors’ “Danger List,” I want you to go through that list and identify which ideas on your list would be most beneficial to your prospects.

In other words, which ones would really:

  • help solve their problems…
  • help achieve their goals…
  • get them what they want faster, easier, and cheaper…
  • etc.

So, go ahead, circle each of your competitors’ danger items you believe would be most beneficial to your prospects.

Why it’s done: Just because something is bad for your competitors, doesn’t mean it helps your prospects. And if you want your business to succeed in the long-term…

You’ve got to provide massive value to your marketplace.

So, you need to circle the ones on your list that let you do that.

Example: It should be obvious how beneficial my previous example – showing prospects how to leave opportunity-seeking behind, and teaching them to be REAL entrepreneurs would positively impact my market.

So, that idea was one that I circled. Of course, I circled more ideas than that. And you should circle more than just one right now too. Because we’re going to refine the list as we continue.

But do you see what we’ve done so far?

We’ve identified ideas that would benefit your prospects while being radioactive to your competitors.

Not, a bad start! But let’s press on…

STEP #3: Which Can Create The Best (VC)?

How it’s done: Now, I want you to look at your list of circled ideas – and think about which of these ideas opens up the greatest opportunity for you to create the most value for you prospects.

And once again – I want you to identify more than one. Although this time I want you to number them. Make #1 the one you think you can create the most value on, #2 the one you can create the second most value on, and so on… and so on.

Why it’s done: Just because an idea would really benefit your prospects (and hurt your competitors) – doesn’t mean you should be the one who seizes that opportunity…

Nope. You need to figure out which ones (in order, from, most to least) you can actually deliver on.

If you’re unclear about how to figure this one out I strongly recommend you read last weeks posts. Especially these:

  1. Greater Empathy = Greater Rapport = Greater Profits
  2. How 3 Blog Posts Cause Explosive Traffic, Engagement, And Profits
  3. A Formula For Business Growth: VCx2P=$$

Example: To extend my example… This is where I immediately dreamed up the Internet Business Manifesto.  So, this idea was my #1.  I immediately realized that my whole entrepreneurial life had been preparing me to deliver this message.

So, when you look at your entire life up to this point – which of these ideas has your life really prepared you for? That’s your #1 – but please identify your #2, and #3 too.

Are you seeing how powerful this method is? You say you are? Great! Then let’s proceed…

STEP #4: Which Can You Get The Most (P)?

How it’s done: Now, I want you to look at the ideas you numbered and do the following:

  • identify VIPs (don’t know what that is: READ THIS) that would actually benefit from when your numbered ideas come to light (JV opportunities)…
  • look at the most popular blog posts (by comments) in your market – and see which ideas you think would resonate the most (Viral opportunities)…
  • think about which of your ideas is the most counter-intuitive (if any) because these tend to stimulate more word-of-mouth because others can’t help talking about it.

Why it’s done: You’re looking for the idea that you’ll be able to ramp up the fastest here.

In other words, the idea that’ll get the most traction the fastest. The idea that bring you the most prospects, the biggest  JV partners, and the largest viral and word of mouth opportunities.

Example: Of course, if you know my history – then you know that the message in the Internet Business Manifesto nailed all the above.

And before this post you might of thought that was luck – but hopefully, now you are seeing this sort of luck can be engineered. The sort of luck that brings back millions in a very short time.

So, what do you think? Did I deliver on the promise I made at the outset? I certainly think so…

But I want to know what you think!

**************************************************************************************************

So, please, tell me:

  1. You’re biggest Take-Away
  2. What you want me to focus on tomorrow

And don’t forget to retweet this message!

**************************************************************************************************

So, who won the free 1-on-1 with me?

Well, I have to review the comments from yesterday again right now. Once I do… I’ll put it right here:

UPDATE: The Winner Is JOHN BOWERS – his comment was so insightful and useful… I just had to pick him

It’ll be done by noon today – sorry, the Super Bowl last night kept me up past my bedtime and I’m paying the price today. (In fact this post went up a 1/2 hour late at 10:30 am).

Oh, yeah, of course my cousin Phil isn’t as stupid as I made him out to be in the beginning of this post. But he did fail in starting a restaurant several times – and he told me all about it last night.

And I figured I would add some comedy to the beginning of this post because I felt it was a good way to start this post. I hope you agree!

Especially when you consider this: Those three silly ideas are the same ideas most entrepreneurs online start with!

Remember, to comment and tune in tomorrow to see where we go from here.

To higher profits and beyond,

Rich Schefren

THIS POST IS CONTINUED IN:
Leveraging Your Strengths… And Proof… To EXPLODE YOUR SALES!!!



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Comments:
  • http://interactivespanishlearningmadeeasy.com(willbevisible=2/11) Curt Siemers

    Rich,
    My biggest take-away is that you are describing an idea- sifting process that takes the ideas through 4 specific funnels:
    1. Ideas most dangerous for your competitors.
    2. The above ideas in #1 that are best for your prospects.
    3. The above ideas in #2 that create the best VC.
    4. The above ideas in #3 that get the most P.

    By the time one gets to #4 and completes it, one should have great clarity and certainty by having a few very strategic ideas.

    What would be helpful for you to deal with in your next post is how one goes about formulating products from these ideas.

    Keep up the good work.

    Curt Siemers

  • Ashley

    Hi Rich;

    Friday’s post is right; It’s the beginning of online’s business.
    Todays’s post is true. I don’t have product (physical or software), I don’t have money, I don’t have any clue where to start, but a have an idea.
    A message, I want to deliver to people like me, who are desperate on money and think that online’s business is their way.
    I need traffic and your advice.
    Tomorrow, you can speak about anything else which goes in the same direction.

    Thank you

    Ashley

  • http://ebooksreviewed.blogspot.com ebooksreviewed

    after reading the post..i’ve been thinking how to actually implement it .
    its easier to read than to put to practice in this situation.

  • Kathy Kirby

    Rich,

    Seems you had a knee-jerk reaction to Tom’s question as a “snide” attack and you told him to essentially piss off! If you banish your alleged critics, you limit your learning.

    How about re-reading his comment with compassion and provide a caring response that builds rather than destroys? just saying….

    Kathy

  • Richard Jenkins

    I’m struck by how your writing style appears and reads like a long-form sales letter!

    Is this unconscious or deliberate on your part?

    Wild Guess: This style may be the variable limiting the number of comments today. Perhaps people feel like they are being sold to by a hypnotic barker?

    Thanks,
    Rich

  • http://www.strategicprofits.com Rich Schefren

    kathy – read my response to real criticism vs this.

    i am sort of surprised at your response

    please remember – that while i love engaging with people – i do run a business, try to spend the maximum time with my family, read and learn new things to share, spend time with friends, etc. and i wouldn’t waste time on some one like tom.

    am i supposed to write a long diatribe on the value of prospects (i am guessing he’s not a client) even when you have a marketing breakthrough?

    before i get angry – i think i’ll end my comment – and kathy, why don’t you take tom under your wing, nurse him, show him the light, nudge him along, etc – if you feel that way. give him your email address and the you can help him with compassion and caring responses.

    for me – i help people who want help.

  • http://www.strategicprofits.com Rich Schefren

    thanks rich – i do want to point out that i am probably being a little excessive – in the length of my posts, the number of comments i reply to, etc.

    i do it because i really enjoy it, and i really care. from a business perspective you could respond to less and write less if your blog isn’t your passion and i think you’d get the same result i’m getting here with less effort.

    glad to be a model!

  • http://www.strategicprofits.com Rich Schefren

    great question laitha!

    i have to think about it, since it’s been a very long time since i worked for anyone else – but i am sure there’s plenty to be taken away from your job that you can apply to business.

    your employer was your biggest customer – what value did you create for him or her?

    how did your employer create value for their clients and what would you have done differently?

    these questions are starting points. but i think there’s probably more to derive from your experience than you realize.

  • http://www.strategicprofits.com Rich Schefren

    nice curt – i don’t think many people will get what you laid out here – but you did… fantastic!

    it might be hard to talk about product ideas because i think they might be too specific and can’t be generalized. but i may be wrong – did you have certain general things you wanted to know?

  • http://www.strategicprofits.com Rich Schefren

    thanks for your comment ashley.

    and press on..

  • http://www.strategicprofits.com Rich Schefren

    where are you getting stuck?

    i’ll point you in the right direction.

    anyway, isn’t everything easier to read than to DO?

  • http://www.strategicprofits.com Rich Schefren

    wow! kev… good for you! it makes me excited to know you’re vision is strong enough to help you ignore emails, etc. you must really be on to something.

    and i’m excited to have you back too -but don’t lose that intensity – because it can drive you all the way to massive impact and wealth.

  • http://www.strategicprofits.com Rich Schefren

    as far as whether it’s unconscious or deliberate – i’d have to say it’s a little bit of both. i go out of my way to write like i talk – and i think it makes reading the blog more engaging.

    but, i disagree about that being the reason for a slow-down in commenting. i’ve been writing in the same style all along.

  • http://www.sailclassique-it.com Mel

    I appreciated seeing my biggest takeaway in your assumptions Rich…..
    1. You do not have a product
    2. You do not have any money
    3. You do not have a clue where to start
    In my case, the 3rd one has progressed after reading so much of your inspirationally practical marketing material to the extent that I’ve found many strengths/passions & areas of offline expertise which obviously need refining down to what could be profitable online information requiring niches before I can get on with Step 1, ” identifying possibly successfull competitors ” in each of a multitude of potential niches. If there’s the possibility of a little focus on that gap prior to step 1, I would find it hugely helpfull tomorrow.

  • Carl

    Rich,

    Thank you for sharing your formula.

    You’re right about finding it easier to focus on the negatives in a product. I spend some time looking at what my competitors are not doing. I also look at ways to constantly improve my own services and products based on customer feedback.

    My takeaway for today is how I can systematically create new products or improvements to existing ones. My biggest problem is not a shortage of ideas but knowing which ones to concentrate on. Your formula will allow me to weigh up which ones will resonate with my prospects the most and bring in the sales. This is a very important thing to get right especially when you have limited resources for marketing and product development.

    What I would like to know more about tomorrow is developing the counter-intuitive ideas. I get these ideas often but I’m scared to develop them even though deep down I feel that they are the ones that will give the greatest rewards. When I look at what everyone else in my market is doing I would love to shake it up a bit. I don’t want to play it safe. What stops me is that I think my prospects will run away if I go too far. It’s a bit of a mental block for me but something I’m working on correcting.

    Looking forward to tomorrow’s post.

    Kind regards,

    Carl

  • http://www.getclientsblueprint.com Get Clients Now

    Thanks for the post Rich.

    Alexa is a good tip. I use this to align the demographics and to SPY on where the competitors traffic is coming from.

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  • http://www.dagda.be Gwen

    I belief we need

  • bob smith

    WOW with being a newbie I think I just learned a valueble lesson I can i use in
    my arsenal along the way to becoming a successful entreperneur in internet marketing along with the other bolgs/post and the manifesto and the tid bits
    I have learned in my search in hopes of bring it to a starting point and beond
    thanks rich I will be looking forward to the next blog/post and to think of the value we have in our hands a value not only beneficial to our customers also to ourselfs with
    is the next blog/post here yet

  • http://www.erklaer-mal.de Sebastian Schertel

    Biggest takeaway? You ask! The 3 steps of course!
    I didn’t comment on the last posts yet but i’ll read your articles more often now and i’ll comment regularly when i read it – promise.
    And i’m gonna take even more action thanks to your advice and i’ll post it in the comments section, too. Pinky promise.
    Thanks man, you really live up to your name.
    All the best,

    Sebastian Schertel
    - The German Guy -

  • http://www.strategicprofits.com Rich Schefren

    glad you are going to take even more action… and happy you’ll be commenting more (thank you for that).

    you rock sebastian

  • http://www.strategicprofits.com Rich Schefren

    thanks bob… and good luck on your journey.

    know that i’ll be with you every step of the way – and thanks for commenting

  • http://www.strategicprofits.com Rich Schefren

    thanks carl – i am going to blog about the power of counter-intuitive ideas… although i’m not sure when yet.

    i think today’s follow up post (which i just recently posted) will help you get greater clarity – at least i hope it will.

    thanks for the comments and for giving me direction – it certainly makes my job more fun and more focused.

  • http://www.strategicprofits.com Rich Schefren

    mel – thanks for commenting and read today’s follow up post – because i think it’ll give you more direction and help you address the question

  • http://www.dagda.be Gwen Geerinck

    We need more of it. We need to learn to be independent. To share a mission with the world. Go for it!!!

  • http://americanbusinessconcepts.net Ray Anderson

    Hi Rich,

    Great stuff. As a senior, 62, I find this internet marketing a great opportunity to apply and spread the wisdom I’ve developed over 50 years of hard knocks that conventional methods don’t. In a short period of time, you can “give”away the trust that it would take several face-to-face visits and never achieve. 1 on 1 is a tediously slow way to build credibility, I’ve learned painfully.

    Thanks,
    Ray

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  • http://www.prosperitybasedliving.com Oscar Derrida

    Not only was that a fantastic idea, I really appreciated the step by step structuring. I’m a positive man at heart, so at first, I was put off by the idea presented. As I actually read it, however, I found myself converting!

  • http://www.bestdisabilitydigest.com William Bret

    If more comments help you to be inspired, I am going to search the web for some autoposting software which will seek out great historical quotations from the web and post them on your blog. Why? Because you are the best! The League of Extraordinary Minds was just that. Keep those cards and letters coming. Check out my site for disability resources and share any opinion you have about it. We are trying to help a lot of people. Thank you again.