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Should I Get Better or Sell Harder?


Chapters

0:0 Cal's intro
1:14 Cal listens to a question about selling more or getting better
2:20 Become richer
3:12 Cal talks about Derek Sivers

Whisper Transcript | Transcript Only Page

00:00:00.000 | (upbeat music)
00:00:02.580 | - Hey Cal, my name is Kobe Amponso.
00:00:08.400 | First off, I wanna say thank you
00:00:09.720 | for all the work you've been doing.
00:00:11.320 | It's been extremely powerful and impactful in my life,
00:00:14.400 | so I appreciate you for it,
00:00:15.560 | and I encourage you to keep going.
00:00:17.640 | My question is, I have a stock investing program,
00:00:20.680 | and the goal of my program is to really educate beginners
00:00:24.800 | on how to use leverage stock investing
00:00:27.600 | to increase their income potential.
00:00:29.960 | And I'm finding that I'm getting to a point
00:00:32.080 | where I feel like I have to convince people to do something
00:00:35.440 | that would really benefit their lives.
00:00:38.200 | And normally it's people approaching me.
00:00:40.280 | And you know, part of the problem is that
00:00:43.960 | maybe I'm not doing as good of a job
00:00:46.040 | as connecting their problem to my solution.
00:00:49.480 | That might be part of it.
00:00:51.080 | But the other side is that I'm spending all this time
00:00:54.360 | trying to convince people to join the program
00:00:57.880 | and I could be sharpening my sword
00:01:00.040 | and maybe even increasing my income potential, right?
00:01:03.800 | Learning never stops, so I'm sure you know that as well.
00:01:07.040 | So is it better for me to continue trying to find a way
00:01:11.140 | to get to these customers in a better way,
00:01:13.880 | or do I just sharpen my sword, focus on myself,
00:01:17.480 | and then have them follow me afterwards?
00:01:21.320 | I do have a goal of becoming a hedge fund manager
00:01:23.760 | and I'm working towards that.
00:01:25.240 | So that might be a route that I wanna take.
00:01:27.400 | So I just wanted to know your thoughts on that.
00:01:30.320 | - Well, Kobe, I am gonna lean towards your instinct here
00:01:34.920 | of focusing more on yourself and your performance
00:01:39.920 | and being so good that you can't be ignored.
00:01:45.000 | That's almost always gonna be the right approach
00:01:48.320 | in these situations.
00:01:49.360 | Selling is important, right?
00:01:52.520 | You do have to sell if you're in any type of industry
00:01:55.240 | where you need to get clients.
00:01:56.480 | But if you're spending too much time selling,
00:01:58.920 | especially in something like this,
00:02:00.580 | I would be worried that that is a signal
00:02:05.580 | that's telling you that you need to go back
00:02:07.320 | to the woodshed or back to the sword sharpening stone.
00:02:12.320 | So if what you're trying to sell here
00:02:14.340 | is leveraged stock investing,
00:02:16.720 | first of all, become richer.
00:02:19.920 | I mean, this is the irony of what you're selling.
00:02:23.280 | What's gonna make this appealing to people to buy
00:02:26.140 | is gonna be when you get to the situation
00:02:27.880 | where you don't need them to buy it.
00:02:29.440 | And I know that sounds kind of circular,
00:02:30.820 | but if you're saying there's all the success
00:02:32.680 | you can have financially by doing leveraged stock buying,
00:02:35.240 | then people need to see that you're having
00:02:36.720 | a lot of success doing it,
00:02:38.160 | which will lower the pressure for you to do the selling
00:02:41.900 | because you'll be doing fine financially anyways.
00:02:44.840 | That's gonna add more authenticity to what you're selling
00:02:47.500 | because you're producing something you believe in.
00:02:49.760 | You're not trying to push a lot of different students
00:02:52.360 | into it.
00:02:53.200 | You'll gravitate more students towards you
00:02:55.420 | in that situation.
00:02:57.140 | And then more generally, what I would say is keep in mind
00:03:00.820 | the concept from my book, "So Good They Can't Ignore You,"
00:03:04.360 | which is the law of financial viability.
00:03:06.800 | And this was an idea that I borrowed
00:03:09.540 | from the entrepreneur Derek Sivers,
00:03:12.900 | who said, "Money and people's willingness to give it to you
00:03:17.900 | "is a good neutral indicator of value."
00:03:20.660 | So how do you know, for example,
00:03:23.100 | if your course is good or not,
00:03:24.880 | how easily are people giving you money to take it?
00:03:28.360 | And if it's a real struggle,
00:03:30.260 | think about that as being a real honest return.
00:03:32.900 | It's not there yet.
00:03:35.020 | I mean, maybe they're picking up,
00:03:36.340 | like, why is Kobe not more successful himself?
00:03:38.820 | Or there's something about the quality of the course,
00:03:40.740 | and it's a really important signal.
00:03:41.920 | So that's what I would say.
00:03:44.060 | Sharpen your sword, to use your terminology.
00:03:46.100 | Get better at what you're doing.
00:03:47.460 | Hone your system.
00:03:48.660 | Have demonstrable results.
00:03:50.700 | Keep polishing and improving that course.
00:03:53.460 | Put the word out there.
00:03:54.780 | I mean, you want people to know it's there,
00:03:55.980 | but don't push super hard to sell it.
00:03:57.740 | What you wanna see is that relative signal
00:04:00.300 | of it's easier to get the people I'm getting.
00:04:03.860 | More people are coming.
00:04:05.140 | With less effort, I'm hitting a mark
00:04:06.900 | that I used to have to really push to before.
00:04:08.580 | And that'll be your signal that this is getting better,
00:04:11.300 | that the course is getting to a place
00:04:12.620 | that maybe is worth having even more energy pushed into.
00:04:16.700 | (upbeat music)
00:04:20.280 | [MUSIC PLAYING]