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Owned by Elizabeth

Warrior Wives

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An online community for the wives and partners of combat vets to focus on their own personal development.

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29 contributions to π™‚π™Šπ™Šπ™Žπ™„π™π™” πŸ“πŸ›πŸ¦‹πŸŒˆβ­οΈπŸ©·
[DAY 13] RAINBOW GAMES πŸŒˆπŸŽ‰βœ¨
Trim & stack was a HUGE success. No more B.S. or fluff to your offer! Today's section in 100m offers focuses heavily on scarcity which is "... one of the most powerful & least understood forces to unlock unlimited pricing power". - Alex Hormozi. Here are your tasks for today: 1) Read 10 pages of 100M Offers πŸ“š[pgs 101-110] (3pts) 2) Complete Today's Task: See Below (3pts) 3) Inquire: Share how you’ve integrated scarcity into your offer. How do you plan to communicate this scarcity to your audience? (1pt) 4) Inspire: Reply to one other person's inquiry post (1pt) 🌈 TODAY'S TASK: β˜€οΈ Step 1: Choose Your Scarcity Tactic. Decide on a scarcity tactic that fits your offer: - Limited Quantity: Only a certain number of products or spots available. - Limited Time: The offer is only available for a short period. - Exclusive Access: The offer is available only to a select group (e.g., early bird access). β˜€οΈ Step 2: Implement Scarcity in Your Offer. - Make sure it’s real and authentic. Something to think about: β€œHow can I create genuine scarcity that aligns with my offer and adds real value?” β˜€οΈ Step 3: Communicate Scarcity Clearly. - Update your offer messaging to highlight the scarcity element. Use clear, urgent language to convey the limited availability or time-sensitive nature of your offer. - Ask yourself: β€œIs the scarcity in my offer clear and compelling? Will it motivate my audience to act now?” Scarcity creates urgency and motivates your audience to act quickly. By effectively incorporating scarcity into your offer, you can significantly boost conversions and make your offer stand out as a must-have. Share your strategy under your team’s name. Focus on the type of scarcity you chose, how you communicated it, and how you plan to monitor its effectiveness. Get feedback to ensure your scarcity tactic is as strong as possible. πŸ¦‹ nav P.S. Only 3 more days to go!! πŸ€―πŸ‘€πŸŒˆ
Poll
21 members have voted
1 like β€’ Sep '24
@Navreet Pabla limiting the number of clients I can work with at a time I am going to really only have 2 spots in my done for you offer and limited spots in my done with you offer
[DAY 11] RAINBOW GAMES πŸŽ‰πŸ”₯πŸ¦‹
Today is about getting yourself in front of your future customers! To truly validate your offer & see if it's *actually* needed by your people... You need to present it to them. We're going to do this by actually TALKING to them. Today's task will be to get the conversation started with your dream prospects. This will play a huge role in the offer-creation process because we'll be able to get direct feedback from the people who will benefit from your offer. Here are your tasks for the day: 1) Read 10 pages of 100M Offers πŸ“š [pgs 81-90] (3pts) 2) Complete Today's Task: See Below (3pts) 3) Inquire: Make a post & share how your conversations went with your prospects. What insights did you gain? What worked and what didn't in terms of reaching out to them? Share it all! 4) Inspire: Reply to one other person's inquiry post (1pt) 🌈 TODAY'S TASK: Reach out to your starving crowd! You've already identified where your crowd is hanging out. Today’s task is all about actionβ€”reach out to at least 3 people from your starving crowd and start a genuine conversation. The goal is to better understand their needs and validate your offer. Here are some ways to help you get started: β˜€οΈ Engage with their content (Show genuine interest in what they’re talking about). β˜€οΈ Ask open-ended questions: "You mentioned [challenge] in your recent post. What’s been the biggest obstacle in finding a solution?” or something as simple as: "I’m developing a new [product/service] and would love to get your thoughts on it. Are you open for a chat?" Under your teams name, comment your fav emoji so I know you completed the task! πŸ¦‹ nav P.S. super excited to see how this goes for you!
Poll
22 members have voted
1 like β€’ Sep '24
@Navreet Pabla πŸ‹πŸ‹πŸ‹
Day 9: Limiting beliefs around pricing
I've been at this for a while; I'm definitely one of the older currently active Skoolers around. I don't think I have any limiting beliefs personally. The offer I'm pulling together is a tourism package for HNW individuals. I think it will be fantastic value for the ICP and our intake questionnaire will imply that it's for people that are looking to spend north of $70K for a week long retreat. I'm planning to charge at least $10K for the itinerary creation and management service. It really all comes down to making it a mutually beneficial exchange IMHO.
0 likes β€’ Sep '24
Love this, thanks for sharing.
Day 9 - Limiting beliefs around money
I do a lot of work around separating my past beliefs that don't serve me, from my future. This is practice of connecting with God, forgiving myself and others, finding gratitude in shear abundance of everything. But the beliefs around money always come up - my past experiences + I think the collective experience of lack is something I have to separate from/heal from. But one of the tactics I have used for pricing its very simple - spend time researching competitive options, evaluate your time as a cost to implement the process and figure out how much it costs you to deliver. Add your margin, how much you want to make. Then double it and start there. At the last two startups I built this was how we did our pricing and we were able to see dramatic increases with MRR, ARR and LTV. Was the first number we came up with what we ended up charging? no, but it was closer that our original first pass. This was combined with Value Based selling when it comes to price. I love the example Alex gives to his dad about how much his top clients were making vs. how much they were paying him. Perfect example. My take away from that was to quantify the value. In b2b sales there is a lot that solutions do to save time or money - but quantify that saving --- for not b2b its about quantifying the change that people are going to experience. Also - I am great at coaching people on this, (convinced our BOD and leadership multiple times), so if you have specific questions we can talk through the doubling it . strategy so you fee comfortable enough to try it!
[Day 9] - Pricing 🌈
I grew up in an environment where people lived month to month, always afraid to spend and lacking financial knowledge To this day, I find it really hard to price our product for what it’s truly worth, rather than what I think the people around me would pay for it I also want our product to be accessible to as many people as possible, but I’ve learned that pricing it too low usually backfires If your product is good, people will find the money to get it
[Day 9] - Pricing 🌈
0 likes β€’ Sep '24
I always say - whatever you are thinking about charging, double it. If no one buys you can always change it, but start twice as high as you think. You will learn and grow with your audience and so will your pricing. They are not paying for you they are paying for the new version of themselves that you are going to help them get.
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Elizabeth Long
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51points to level up
@elizabeth-long-4095
Managing Director, fractional CMO, startup leader just out here trying to help people

Active 141d ago
Joined Jul 13, 2024
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