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Michael: Mark, my
hardtofindseminars.com site is designed to get
you there, to get you hooked, to get you lost in
the site and loving every minute of it, and
hopefully if I’ve done my job right, you’ll come
out on the other end and buy something from me.
Hi, this
is Michael Senoff with Michael Senoff’s
www.hardtofindseminars.com. In the next 60
minutes you’re going to hear a rare live
interview where Mark Joyner was interviewing me
about how I use audio for my website to create,
develop, and sell information products. We also
talk about how one can use audio to leverage
their time. I think you’ll find this valuable.
Enjoy.
Mark: This is Mark
Joyner. This is a live event with our guest
Michael Senoff. We’re going to go ahead and get
started folks, talking about Michael and using
that digital audio interview to create, to
market, and to sell information products. Now,
Michael is actually quite an expert on this. He
has got some of the best websites in the world
on this topic. In fact, the thing that really
connected me up with Michael initially was his
website,
www.hardtofindseminars.com. Hard To Find
Seminars is just one of the cleverest and most
interesting websites on the Internet. You can go
and take a look at what is there, but basically
what you’ve got is you’ve got recordings of some
of the greatest marketing experts on the planet.
He’s got Joe Vitalie, Vic Conant, Gordon Lewis.
He’s got a whole heap of great people and he’s
got over 50,000 different students online from
different parts of the globe. As far as I know,
this is the world’s largest free resource for
audio marketing interviews and it’s listed in
the top 1% of most visited websites in the
world. Now, I don’t have time believing that
statement because this is probably the best
website I’ve seen with recorded audio interviews
with some of the great, great experts of
marketing. So that said, Michael, welcome to the
call.
Michael: Thank you,
Mark. Thanks for having me. I’m excited to be
here.
Mark: In
Simpleology, we talk about using people’s time
and energy to get the things that they want and
in a sense, even though you sell digital audios
or you actually give digital audios away on your
website in addition to just selling them on
other websites, you felt that was about time
management in a sense. Now, what do you mean by
that?
Michael: Everything I’ve
been doing for the last few years in relation to
this website is censored around these audio
recordings. And because of a particular time in
my life right, I’m 41, I’ve two young kids, and
I’ve got a pretty busy schedule as far as my
business. I work right out of the home. I’ve got
a lot of family responsibilities as probably all
the listeners out there on the call right do,
too. It is very hard to manage your time and
this website and doing interviews and offering
free audio has really allowed me to leverage my
time enormously. It has also set up and provided
systems for me to sell information products that
have all been centered on these audio interviews
that I’ve been doing. It’s just been a real
blessing. So, I believe, just based on my own
experience--I’m sure there’s a lot of other
great people who do audio and audio interviews
and I’m just going to share information based on
what I know and what I’ve been doing over the
few years and I can talk about some of the
affects that its had on my life and on my
business. I see audio and doing audio interviews
as one of the greatest forms of leverage to sell
things and to provide value to people who want
to learn something, as you provide value with
your Simpleology, these events. I mean you have
a whole collection of wonderful interviews that
I’m sure your Simpleology members and guests get
a lot of value out of and you know this to be
true, as well.
Mark: Absolutely,
there’s no question about it. I think I know
exactly what you mean when you say that. What I
might ask you to do is to clarify that a little
bit because I know there are some folks who
don’t really know what we mean when we say using
an audio interview is the best way to leverage
your time. They may be scratching their head a
little bit. What does that mean and why can we
say that and as compared to what else, I
suppose? Maybe that’s what people are thinking.
So, doing an audio, how does that really
leverage your time?
Michael: What I can do
is I can go over some ideas on the ways I use
audio to leverage my time and maybe some of the
listeners who hear how I’m using it, they can
relate it to exactly what they’re doing and they
can maybe do the same thing.
When you
do an audio interview with someone, you position
yourself as an expert. If you think about it,
who are some of the most popular people or the
highest paid and most well recognized faces
around. Oprah Winfrey, Larry King, Dr. Phil,
Barbara Walters and what do these people do.
They interview people. And are they experts?
They’re not necessarily experts. They’re just a
person asking the questions, but because they
are associated with other experts or other
famous people, they kind of go up to that
person’s level and they increase their
appearance of an expert or as a personality.
Another thing that I find with audio, it allows
you to bond with your prospects. For example,
you and I, when we first met, I met you on
www.hardtofindads.com. You had emailed me
and I provided you with some information and
then I invited you to do an audio interview. And
because of that time we spent together where I
interviewed you on my website, that gave us a
chance to somewhat bond and you reciprocated by
inviting me on the call.
But as far as leveraging, anyone
out there listening who has a business or who
has a product or who has a service to sell, if
you’re out there selling it individually, maybe
knocking on doors, or if you’re using
telemarketing and your using your own person to
sell and to labor and to provide your sales
pitch to that prospect, if you’re doing that
over and over and over again, there’s always so
much leverage you can get on that. By using
digital audio, it actually gives you the
leveraging power of delivering that sales
message and it also gives you the ability to
create your best sales presentation. When you’re
on your best selling day and you’re feeling
really good and you’re hot and you’re on fire
and you’re having a great day, you can capture
and clone that and I’ve got to give credit to
that to Gary Halbert because when I learned his
stuff…Gary Halbert is a famous copywriter…and
when I was first introduced to his stuff, that
stuff really hit hard with me. Can it and clone
it and your audio allows you to duplicate and
deliver your sales message with you even having
to be there.
Mark: That’s just so
right on. And by the way, I’ve got to say it’s
great that you give props to Gary. Gary is
actually a good friend of mine. I bought him a
telescope for his birthday. He’s probably out
there using it in his high-rise in Miami out
there right now. I’ve got to tell you, he’s the
genesis of a lot of these ideas a lot of people
are using right now. Not just in offline direct
marketing, but also in online direct marketing
because really what we’re doing online is just
an extension of what folks like Gary pioneered
many, many years ago offline. And when you said
can it and what was the second part.
Michael: Can it and
clone it.
Mark: Can it and
clone it. I think that’s just absolutely
beautiful. Did Gary say that originally or is
that…?
Michael: Yes, that’s
directly from one of the headlines on one of his
tapes from one of his seminars.
Mark: It sounded
like Gary, doesn’t it? And it’s a genius thing.
In Simpleology, we talk about three sources of
power: time, energy, and money. And then we say
that later on in a future Simpleology course,
we’re going to be talking about leverage. Well,
what Michael was talking about here is an
ultimate, extremely powerful way of leveraging
yourself. And just to counterpoint or underscore
what Michael was saying, if you have to do
face-to-face selling in any way or even if you
have to do phone-to-phone selling, if there’s
any way you can automate that process, it cuts
down the amount of effort that you have to put
into contacting other people.
So, think about that. If you’ve
got a message, that’s like a little salesman
sitting up on the Internet for you. Or in the
old days before the Internet, you said when Gary
said that, he’s probably talking about having a
dial-in number where somebody could call in and
listen to a recorded message or maybe even a
direct marketing message you put in a magazine
or a newspaper. What you’re doing is, again,
instead of having to personally contact all your
people or have a crew of people contacting these
people directly, you’ve got them passively
coming to you and it happened while you sleep,
any time night or day. And an interview like
this, now that Michael and I are talking, we can
have this recorded message, it could be listened
to one hundred years from now, and you know
what, in a sense a hundred years from now, this
will still be relevant.
I don’t know what technology is
going to be like ten years from now, but what I
can tell you is that the basics of interacting
with people, the basics of human psychology, the
basic essence of marketing, I am pretty sure
will not have changed because I don’t think it
has changed in the thousands of years of the
history of commerce. Do you agree with that,
Michael?
Michael: Yeah, I would
agree with that.
Mark: I’ve seen some
amazing things that you’ve done with these
interviews. Is there anything unique that you’ve
done that you’ve brought to the table with
www.hardtofindseminars.com that people can
look at and learn from?
Michael: What I’d like
to do, if it’s all right, I’ll just go over just
some information about the site. And as I said,
everything on my site is all centered on doing
audio interviews or doing audio recordings. And
I just want to give you a picture of what this
site is doing for me so if this is something you
choose to do…and I welcome anyone on the call to
duplicate what I’m doing. Take my ideas. Copy
them because we can’t have too much good audio
information and content out there in the world.
Mark: Right.
Michael: But you may
think I have thousands and thousands of hours,
but I only have about 150 hours of audio content
on my site right now. Now, most of that is free
audio content. There’s another 50 to 70 hours of
audio that I’ve produce that I use for different
products that I sell. But the site was first
published in January of 2002 and I was really
just using the site at that time as a one-page
site because my main business, what I was doing
before I kind of fell into all the audio
interviews was selling pre-owned seminar
materials. So, when people would go to live
seminars and sometimes they would pay $5,000,
$10,000, $15,000, $20,000, they would come home
with all the material. I got into a business and
fell into the business of, all for my own need
wanting to get a hold of this seminar material
where I didn’t have the money to pay for it, and
I started buying pre-owned material from the
actual people who went to the seminars and the I
was selling it up on Ebay, the auction site. And
then I kind of had to go off of Ebay because
there was price competition and other factors
and I created this site,
www.hardtofindseminars.com not really having
anything to do with the audio recordings on the
site, but to sell these pre-owned seminars on my
site. But I did a little calculating and the
interviews, the combined sales of all the
experts that I’ve interviewed on my site
currently is close to $5 billion. If you added
up all the sales of some of these experts that
they’ve been responsible for it would be around
$5 billion and that’s with a “b” not an “m.”
Let me
ask you, Mark, what do you charge for an hour of
your consulting time on a one-on-one situation?
Mark: Well, I hardly
to it anymore because I really don’t have the
time to do and, frankly, it’s not worth to me
what I get paid. But I know that’s going to
sound--I mean for someone who is just getting
started in the business, I’m a semi sort of a
pompous jerk when I say this, but I mean that’s
just the situation I’m in and I mean we’ve all
got to gauge our time. The short answer is, I
charge a few thousand an hour, but I might be
raising that because I just can’t justify it at
this point. And I imagine that’s probably not
too far out of the ballpark of a lot of the
people you’ve contacted. Is that right?
Michael: That’s right.
If we calculated the consulting fees of the
people I’ve interviewed on my site, you’re
looking at about $50,000 worth of consulting and
these are one-on-one intensive interviews, as if
I’m the client. I mean I am grilling these
people for all they’re worth to try and milk out
and get as much valuable information for my
listeners. So, there’s a lot value that anyone
who visits the site would save just in
consulting fees alone.
On the
site I’ve got about 6,750 pages of typed
transcripts. Each one of my audio recordings I
have transcribed word for word and there’s a
reason I do this, which we’ll probably get into
later, but when someone goes to the site, they
learn four different ways. I deliver that
content for anyone that relates to their style
of learning. So, for instance, you can go to my
site, press the green play button, which is
Flash. It’s a way of delivering audio on the
Internet, which plays very quickly. And for
people who like to read, they can download the
transcripts of the audio in a PDF document.
Also, I have the audio transcribed and put on
the site in HTML. So, I have the transcripts up
on the website. Now, this is something really
unique that we’d never seen done. We give the
visitor to the site the ability to increase his
ability to absorb and comprehend the information
by listening to the audio and reading the text
at the same time, all on the same page. And then
the most popular form is an MP3 file. This is a
file that one can go to the site and right click
and download onto their hard drive or onto a
digital device like an iPod or they can play it
on their computer or they can burn it to a CD.
And this by far is the most popular way people
absorb the audio content.
Mark: I’ve got to
say that it’s such a great option, by the way,
too. Everybody’s got these MP3 players and if
you’re driving or running, this is time that you
can be using to dump stuff in your head and a
lot of people call this the university on
wheels. And so, you offer all of this stuff for
free download on your website or are you selling
the downloads or how does that work.
Michael: On the site,
all the content there is free, but there is a
method to my madness. I mean I’m in business
like anyone else and that’s to earn a living to
support my family, to pay my mortgage, but I do
provide incredible quality of material. All the
audio there, there’s a lot of free material,
very similar to what you’re doing with
Simpleology. You offer something free and you
give the visitor a chance to know who you are.
You have a chance to build the relationship.
You’ve the chance to bond with them. You have a
chance to gain their trust. And if they like
what you have and if they’ve learned something
and you’ve given value, that comes back to you
and they want more. And that’s what the site is
about and what I’ve been doing over the last
couple of years is using audio to create and
develop my own information products, information
products that I control. I’ve got 18 different
products. Some of the products I control, some
of them are joint ventures, some of them are
where I find experts to interview and I enhance
the products that they have and negotiate deals.
So, the site is designed to get you there, to
get you hooked, to get you lost in the site and
loving every minute of it, and hopefully, if
I’ve done my job right, you’ll come out on the
other end and buy something from me.
Mark: Well, you
certain had me hooked when I went to the
website. I think the first one I went to was
www.hardtofindads.com. I believe I contacted
you right away because the process just pulled
me right in and I was amazed. These are some ads
that I’d been looking for, for ages. And by the
way, this is just another website of Michael’s
where he uses a very similar process. Instead of
using audio, he’s using printed matter to run
people through the same sales and marketing
logic that he’s teaching us here tonight. And
I’ve got to say, you do a beautiful job of that.
I don’t think people who have an interest in
marketing can go to either of those website and
not be lost in that content. I suppose that’s
the design.
Michael: I’ll use a
perfect example of how we met. You were on
www.hardtofindads.com. You had inquired
about some of the transcripts to some of the ads
and I saw your email. I’d heard of you, of
course. We had never talked. And I emailed you
the file. I just sent it. But I sent it to you
for free. And why did I do that? I could have
charged you a little bit for it, but that wasn’t
my purpose.
Mark: I would have
paid.
Michael: And you would
have paid. But look where we are now. If you
paid, we may have never talked again. But
because I gave it to you free, I had a license
to contact you and that’s what these audio
interviews will do for anyone who gets into it.
It gives you a license to start building a
relationship with someone. After I interview
someone for two hours, when you call them the
next time, they’re like old buddies and that is
the magic of audio. But in your situation, Mark,
I gave those transcripts to you and then I
invited you to do an interview on my site and
then you reciprocated and offered me as a guest
on your site and that’s all because of that
reciprocity.
Mark: Well, I have
to say, in your case, it worked amazingly well
and I normally don’t go back and forth with
people over email. I get so much email that I
really can’t answer it all myself, and so, I’ve
got a PA who answers all of that. And so, I
purchased the product from a secret email
address that nobody really has except for just a
handful of people out there and that gave you a
back door, cutting through all that. I mean I
will tell you, to counterpoint this; my good
friend _____ was not always my good friend. In
fact, he spent an entire year trying to contact
me when he first got online. And he was really,
really persistent and I was just really busy and
I just didn’t have the time to do it. I don’t
say this to be a jerk or to be full of myself.
It’s a matter of fact. I simply could not do
that. But you cut all through that in a split
second by having that website.
Michael: Well, look,
most people out there, they can’t even get their
wife or their partner to listen to them for five
minutes. When you approach someone and invite
them to do an audio interview and you’re
sincerely interested in learning more and you
want to record a call for them, they’re loving
that. I mean how many people in your personal
life really want to hear your passion about
Simpleology and marketing. It’s a very small
world. And when someone wants to interview some,
and I find this across the board, and when you
give someone the chance to talk about themselves
and talk about their accomplishments and talk
about their expertise and talk about their
products and talk about all the great things and
things that they spend their whole working life
doing, you instantly build a friendship and a
relationship that really shortcuts years of
other methods in doing so.
Mark: Without
question. I can’t remember exactly the process
you went through, but I want to just underscore
what you said about giving the product away. I
have met so many people who are very reluctant
to do that and very few people I’ve talked to
will hesitate to give me a product or something
because they know it’s going to open up a
relationship at this point now. But I remember
back in the early days when people were getting
started, people really didn’t understand that
whole dynamic. Their thinking was well if I give
it away I’m just throwing away money. Well, no,
actually you’re not. I mean most of the products
the margins are so high. Digital products don’t
cost you anything to give that product away, but
what you have done is, not only everything that
Michael has talked about the relationship, but
you’ve also opened up the door to potential new
sales because a lot of these people who have got
clout in a particular field, they can go out and
promote it or even just mention it to a few
people and that can multiply anything that you
would have made through that one single sale.
Let me
just point out one other thing out here, an
extension of this. You could go out, if you
wanted to, and start finding people who are well
known in a particular industry who have a good
customer base, who have a good sizable list of
any sort, who own a magazine, whatever, give
copies of whatever it is that you’re selling for
review to those people with a nice letter. Make
it personal. Don’t send out a canned letter
because that’s going to destroy the whole
affect. And then follow up with them. You
probably won’t even have to follow up if you do
that first letter properly and you really make
it personal, as if you really, really wrote it
and not just cut and paste nonsense, but really
say stuff about them that you really mean.
You’re probably going to get some kind of a
contact back from them. I get stuff sent to me
all the time and I don’t have time to respond
back to everyone, but when somebody sends a
personal note and I can tell they actually put
time into it, I feel like I’ve got to do that
just out of kindness because they took the time
to do that for me. And you mentioned the word
before, Michael, reciprocity. This is one of
Chaldinie’s grand principles of influence and it
works amazingly well, doesn’t it.
Michael: Yes it does
Mark. That’s the basis of the entire website is
giving away free content. A lot of people say
people don’t respect things that you give away,
but it depends on what you’re giving away.
People are smart enough to understand when
someone’s giving real value compared to
something that just doesn’t have any value. So,
I trust that people are smart enough to
differentiate that even though they get it free.
They know when there is value. So, if you’re
giving away value and if you’re producing audio
or interviews that are top quality and you take
your time to edit them and make them the best
way possible, I mean if you think about a
recording artist. They may spend an entire year
just to make an album, like Bruce Springsteen
will spend a whole year or maybe two years to
come out with just 12 songs. Or any movie you
see in the movie theater, years are spent in the
editing process and developing that one and a
half hour film. But if you put that kind of love
and passion into your audio recordings, those
recordings can feed you for life.
Mark: That’s right.
And you’re so right on in saying that you have
to do this, even the ones you give away. And
there’s a great marketing truism that probably
came from one of the old greats that you have on
your website. You might even be able to know who
said this originally. But the saying goes; you
can’t give it away if you couldn’t originally
sell it or something to that affect. I think
that whoever said it, said it far more
eloquently than that. But the point is if you’re
going to give something away, if it’s something
that you wouldn’t buy yourself, you’re just
hurting things because people aren’t pay
something for free that they wouldn’t otherwise
buy. So, it’s absolutely essential, and I think
you totally understood this, because I would
have paid many times over for just about
everything on your website.
Michael:
Well, I appreciate it. You only have one chance
to make a first impression. It’s just like when
you meet people for the first time. The first
time someone clicks on one of my audios, and
believe me, there’s more audio sitting on my
computer, but I’ve tried to put the best stuff
up on that site because I want to make an
impression with that first time visitor. I want
him to like what he’s hearing, I want him to
have value, and I want him to keep listening
because if I can keep him listening, I can have
that chance to build that relationship and I can
have that chance to have him come in a little
step higher as a product purchasers; maybe for
one of my lower end products. And then slowly
move him up the scale. As long as he’s getting
value, your customers will remain loyal to you
and if you’re doing your job right, they’ll buy
from you for years to come
Mark: There’s an
interesting corollary in what you said, which
relates to advertising copy and I believe it’s
the same psychological principle really, but one
thing I’ve heard said, and again, this probably
comes from one of the great guys you have on
your website, was copy can’t be too long, only
too boring.
Michael: Absolutely.
That’s right.
Mark: That same
principle goes to an audio interview. If you’ve
got an audio interview where people aren’t
saying things interesting or if it’s just a long
lecture--and by the way this is why we keep
everything here in Simpleology very
conversational and very simple--because people
will shutdown when things are too complicated,
they’ll shutdown when they’re boring. You’ve got
to make sure that it’s exciting. You’ve got to
make sure it’s interesting. One thing that you
talk about that you teach people is that the
sound of someone’s voice will connect them with
a prospect more than anything else.
Michael: Video will
probably outsell out sell audio because you’re
using more senses. You’re using your ears and
you’re using your eyes and your brain. When
you’re using more senses, you have a better
chance of connecting with that prospect. But
audio is more convenient. When I interviewed Vic
Conant of Nightingale Conant, he talked about
this. I asked him why there wasn’t that much
video on his site and over the years through the
testing that he’s done, his customers prefer
audio because it’s so convenient and so
forgiving. They can take it to the gym. They can
listen to it while they’re multitasking. Video,
your eyeballs have to be on the TV screen or the
monitor, what have you. I think you can get a
lot more through, through the sound of someone’s
voice. I think it’s more dimensional than just
words on a piece of paper, even though good
copywriters can do that very well. But when you
hear someone, you can hear their sincerity, you
can hear their passion. It’s just like a good
song; a good song that goes to number one is
connecting and resonating with that listener and
that’s something you can’t get from words alone.
Mark: That’s right.
You can’t find a formula for soul can you?
Michael: No, you can’t.
Mark: It’s
interesting; I’ve met some people who are just
so absolutely polished in everything they did.
They do what Joel Bauer calls rapping the
packaging. He’s got a great suit on. He’s got
his hair trimmed properly. Gives you that nice
firm handshake. Looks you in the eye. Smiling at
you. Everything is all right on, but there’s
just something missing. You don’t trust him one
hundred percent. Either that or you that wow,
this guy really doesn’t love what he’s doing and
you can tell. Man, you can tell so easily. I
think people have got a built-in BS detector and
they may not know it immediately, but there’s
some kind of uncomfortable feeling. And they may
not stand up and say this is BS, but do you know
what they’ll do, they just won’t buy anything
from you. So, I think that people really have
got to take that to heart and they go out and
create this content. They’ve got to go in and
make sure these are things that they’re
personally interested in. Would you say that
holds?
Michael: Yes, that is a
great point. The things you see on my site, I
mean it’s such a blessing to be able to
interview these experts and I get so much value
out of them. I mean who is really the winner?
I’m the winner. I get that time to interview
someone. I get to learn about the things I’m
interested in. I mean I’m learning all the time
even after the audio recording is done and I got
back and do the editing. I mean we may spend
five hours just editing one audio. It just
depends on the speech patterns of the person I’m
interviewing. But those five hours, I’m never
wasting time. I’m still learning as I’m doing
the editing. That’s advice. If anyone did start
doing interviews or wanted to create a
collection of audio recordings, do something
that you’re interested in. Why do something just
for the money? Everyone’s got some similar
interest. If you like to barbeque, go interview
ten of the greatest barbeque restaurants in your
area or in your city or in your country. Do
something that you love and then it never seems
like work, even though it is a lot of work in
some cases.
Mark: I think you
said it so well and this is a point that’s come
up in a lot of different calls. I think
sometimes people will sort of indiscriminately
say well just follow your passion and the people
will shutdown and they’ll say well I haven’t
found a passion yet. So, they go back around to
waiting. And I think you can be successful
without finding a passion or without really
knowing what it is that you’re totally
passionate about, but you’ve got things you’re
interested in. And if you are interested in
something, when you hit that bump in the road
that is always going to come or there’s a
hundred bumps in the road that are going to
happen every year that you’re in business, you
are going to find it a lot easier to go over
that because if you’re not doing something that
you’re passionate about or that you love or that
you’re really, really interested in, when you
hit that bump in the road you’re going to ask
yourself why the heck am I doing this. And your
answer is going to be, you know what, I don’t
really know and then you’re going to stop. So, I
think that that’s a really good thing to do.
Mike,
you’ve got a really excellent speaking voice.
Have you cultivated that in any way or were you
just born with that?
Michael: I have not
cultivated. This is just how I talk normally. I
have people who call me and they maybe have
listened to 50 hours of audio on my website and
they call me and I pick up the phone and I say
Hi, this is Mike and they say, God, you sound
just like the same as you do on the recordings.
I haven’t cultivated it in any way. I think what
it comes down to is passion. You talk about that
BS detector in people. If anyone chooses to
create audio and do interviews with people, that
passion is going to come through. So, if you’re
doing something you’re really interested in,
you’re going to naturally ask the questions that
you want to learn. So, it becomes a natural
process. And those people listening to your
audio, they’re going to feel that passion,
they’re going to know that it’s real, and you
can’t get that if you’re interviewing someone
about something you’re totally disinterested in.
The advice there is stick with something that
you really are interested in and create and
develop a product around it if you choose.
Mark: Yeah, I think
that’s one hundred percent more important than
going out and actually technically cultivating a
voice because, again, you could have a highly
technically cultivated voice, but I don’t think
that’s what really makes people resonant with
what you’re saying. It’s the truth and the
intensity of what you’re saying will really get
them to listen.
Michael: I want to
interject. There are a lot of people out there
who maybe insecure that their voice isn’t good
enough. But that’s not going to stop you from
this process because you don’t have to be the
person doing the interview. You can hire someone
to do the interview and you can structure an
interview very simply without having to adlib. I
mean you and I right now are going back and
forth and we’re kind of winging it in a way.
When I’m doing audio interviews, it’s a lot
easier for me because I’m the guy asking the
questions and I may prepare and have all my
questions in front of me and it’s the guy I’m
interviewing who really has to do all the work
and has all the pressure on him.
Mark: That’s
interesting. I have an interesting take on take
and I don’t really prepare too much for the
interviews that we have coming in and I think
that I just found that that works a lot better
for me for two reasons. One is if things are
spontaneous, you’re more likely to get really,
really useful, really honest information. If
people are sitting there ready with pat answers
for a list of questions, you don’t find that
passion so much and you don’t see them breaking
out of their comfort zone. What I want to do is
I want to break someone out of their comfort
zone. I want them to say wait a minute, I’ve
never really thought about that. And then for
the audience to sit and listen and go you know
what, that’s a genuine moment. These guys aren’t
ready for me and I want to try to get that every
time. And I think that we’ve been very lucky in
that we’ve had a lot of guests here at
Simpleology and we’ve had some great, wonderful
people come in, but we’ve been pretty lucky at
getting everybody to hit that point where
they’re not quite ready for that question. They
think I really didn’t know that Mark was going
to ask me that and then that’s when the real
honest truth comes out.
Let me
just get to another topic here. We have just
about ten more minutes here before we close up.
This went by so fast. You talk about using audio
interviews to actually increase the value of a
product and service and I know you actually are
going to give people free access to trial
something here that you have that is actually a
product put together to show people how to do
that. And we’ll give that URL in a second, but
it sounds really, really interesting. I haven’t
seen this myself, but I want to check it out for
sure. But could you tell us a little bit more
about that? How have you done that in the past?
Michael: I’m going to
give you three examples. Two of the examples are
existing products I sell. About four years ago,
I was on Ebay and I was selling a lot of stuff
on Ebay and I saw a seminar. It was called
Business Opportunities. It was from a guy named
Arthur Hamel and he is a guy back in the 80s who
put 100,000 people through his seminars. He
taught people how to buy businesses, just
ordinary businesses at that time. But over the
last 20 years he’s been buying million-dollar
businesses. And so, I contacted him because I
was looking for other products to sell on my
site and he was just getting rid of this
inventory. He used to sell thousands of these
things through TV every month and he had a
falling out and he had extra inventory in his
basement so he was dumping them on Ebay. So, I
did an audio interview with him about him and
his expertise and what he did and I started
selling his old seminars back from 1985. Now, we
started selling that seminar for $297 and I had
a sales letter and I had an audio interview to
sell it. But over the last three years, I’ve
done an additional maybe ten hours of audio
interviews with this expert. He’s in his 70s and
he’s still very active buying million-dollar
business. So, just by doing additional audio
interviews with him, recording them, editing
them, and providing them as additional content
to the old seminar that he did back in 1980s,
we’ve increased the value of that product up
$597. It’s a $600 product. And we’re even
thinking of increasing it even more. So, you can
use audio that way.
Another
example is let’s say I have students who ordered
this Art Hamel course to learn how to buy a
business. Questions will come in from them and
they will call me with questions. Well, I may
not have the answer, but what I’ll do is I’ll
call Art Hamel. We have an agreement that I can
record any call. I will have the questions from
the students and I will ask the questions to Art
on the student’s behalf. He will answer the
questions, we’ll record it, and I will add that
as part of the package. So, what I’m doing, I’m
constantly recording things and I’m turning them
into additional value for existing products that
I have.
Another
example is a marketing consulting system called
the HMA System. It teaches people how to be a
marketing consultant. I was marketing another
system for a gentleman and we had a falling out
and I found an expert who is an old Jay Abraham
protégé from 1989. He had a video training that
he had charged people $10,000 to come through
his training. He did a live event on how to be a
marketing consultant. He wasn’t doing anything
with it. This thing was about ten years old and
we took that product and we developed it and we
created a series of audio interviews with him by
phone and we enhanced the value of the product
all by using audio. Taking those audios and
turning them into transcripts and we now sell
that product, which was just a set of videos,
which was pretty good, but we really brought the
value up to a $3,900 product. We have
consultants all over the world who use this.
I also use audio as a way to
train the consultants. So, a big problem when
someone is selling a system is the customer
service and the training on the backend. Well,
in the example I gave with Art Hamel students,
we record all the questions from students and we
put those up on a website so we’re never
duplicating our training by phone. We’ve
leveraged our time and we have a whole page for
the customers where they can hear the actual
training calls with people who have the same
questions as they have and it really cuts down
on the labor for training purposes, as well.
Mark: I think you’ve
really nailed just the whole process of all of
that. I mean every little detail you’ve thought
of is right on. Let me ask you one thing. I want
to do two more things here. Would you be willing
to talk about some of the technical things? What
software you use and all of that to record the
interviews, how you actually get the phone
recorded, and all that.
What I want to do before that is
I want to give people a URL you have, and by the
way, after I give you this URL, we’ll talk about
what you’re going to see there and then we’re
going to give you a little bonus session talking
about-- and Michael and I didn’t plan any of
this, this is totally impromptu--talk a little
bit about some of the technical issues of
getting these recordings up and how to
distribute them and all that. And this is a gold
mine guys. If you haven’t figured out all this
stuff one your own, you can go out and fiddle
fart around for a year trying to figure out the
best way to do it or you can hear what Mike is
going to say in a second here and actually know
the technical things that he does to make all
this work. So, this is really, really good
information.
Now, before we do that, Michael,
you have set it up so we’ve got something
special here for Simpleology members. Can you
give a URL for that and tell us a little bit
more about what’s going on there?
Michael: Sure. The URL
is
www.hardtoseminars.com. That’s
h-a-r-d-t-o-f-i-n-d-s-e-m-i-n-a-r-s.com/joyner.htm.
This is an offer. It’s a product called How To
Turn a $28 Book into a $3,900 Information
Product. And it contains some of the stuff we’ve
talked about tonight, but it’s mainly a series
of reports that I worked very hard on putting
together all my ideas and everything I’ve
learned over the years on how to create your own
information product, whether it’s an idea in
your head or a book you have that you never got
launched, or someone else’s book that maybe out
of print on a subject that you’re interested in.
You’ll learn how to take that
idea and turn it into your own information
product, products that you can sell anywhere
from $297, like I do, to $497, $797 all the way
up to $3,900 like I do. In the series of
reports, you’ve got seven fatal mistakes that
will kill the creation of your audio programs
stone dead. There’s a report with audio. As a
matter of fact, you have a downloadable report
and this is a totally digital product.
So, as you look at this, I want
you to also put yourself in my situation and
understand what a great thing it is to sell a
totally digital product because after you try
the product--I have a 30-day risk free trail.
You pay nothing unless you like it. You have 30
days to review and only then do I charge your
credit card unless you get in touch with me and
ask me not to. So, it’s a totally risk free
offer. But look at it on my end. If you had your
own product like this and you could sell it. The
only labor I had involved in creating it was
just creating it. It is now totally automated
where I don’t have any labor involved and the
margin is 100% now that the labor has been done.
There’s no cost whatsoever except the hosting of
the audio recordings on my website, which is
very inexpensive.
But you’re also going to get a
report called 17 Road Blocks That Can Stop You
Marketing Your Information Product and How To
Get Around them. There’s something called the
Fast Track Audio Creation Guide. That’s 17
insider secrets to planning your audio in the
fastest time possible. You’ll get the full
report and audios. And you also get one half
hour, one-on-one audio information product
consultation with me. If you decide to keep the
product after 30 days, you call me and we will
talk by phone. I’ll look at your ideas or what
you want to do and I’ll give you my best advice.
Now, you’ll also see those best
consultations that I’ve done. There are about 10
different recordings that I’ve done with
students who have ordered the course and took me
up on the 30-minute call. I’ve recorded those
and I’ve included those in the package. So,
that’s just me building value into a product
ongoing. And the more I talk, the more I make
because the more audio recordings I have in
there with consultations, the more valuable it
is and soon I can raise the price to $300 or
$600 and I don’t think it would make a
difference in the orders.
One other bonus I was going to
offer just for your listeners is I’ve taken some
time and I’m going to show you all the different
tools that I use to leverage my time. I mean the
one diminishing resource we all have in common
is our time. And there are tools that I’ve been
using online for years that give me the ability
to really leverage my time and I’m going to
share all those with you. I’m also going to
share the links to these tools and that’s going
to be free, as well.
And there’s one other bonus I’m
going to show you and this is pretty amazing.
It’s something I learned just through the
experience of editing audio. I’m going to show
you how to speed listen. I’m going to show you
how to listen to audio at twice the normal
speed. Your brain can absorb listening to audio
content a lot faster than you think and I can
show you that it will also increase your
comprehension because you’re going to be paying
attention to it more to try and hear what you
say. I’m going to share a tool that will allow
to get through all the audio on my website in
the half the normal speed that you hear it now.
Mark: I think I have
a feel for what you’re going to reveal on that.
I’m not sure, but if it is what I think you’re
going to show them, that’s amazingly clever. In
fact, I think I heard you talk about this first,
as a matter of fact, and I’m just going to leave
people dangling with that because I really want
them to try this 30-day free trail.
I’ve got to say, Michael, I really love the way
you’ve set this up. You aren’t even going to
charge our credit card for 30 days. So, they go
and they place the order and their card isn’t
even touched until after they’ve had a chance to
look at it.
Michael: Their card is
not touch. The order comes to my email. I print
it out. It goes into a 3-ring binder and it just
matures. After 30 days, if I haven’t heard back
from you, then the card is charged. So, I
totally take the risk away and I do this will
almost all of my products. And I found this an
extremely valuable way and lesson in increasing
your response and sales. I put the burden on me.
You’ve got nothing to risk. And so, it’s a very
generous offer.
Mark: I think that’s
brilliant the way you’ve put that together.
Listening to you say all this, I really want to
get that. I’m especially interested in that time
management resource that you’ve put together.
You guys, just to put this into context of
Simpleology, remember the three sources of power
are time, energy, and money. Remember that the
most valuable of those is certainly not money,
and energy, you can also do things to increase
your energy, but your time, once you lose that,
you never, ever, ever get it back. And if
Michael’s going to show you resources he’s put
together to help him save time, I would
definitely snap that up and take a look at that.
Michael clearly knows how to manage his time. I
mean look at what he has done on his own in such
a short period of time. I mean really you got
started on the Internet in 2002, is that right?
Michael: Yeah, that was
the very first time I put up a website and I
really knew nothing. But I really got serious
about two years ago.
Mark: And look in
two years, I mean now you’ve got two of the most
popular websites on the Internet right now and
certainly two of the most respected resources in
the field of marketing in the world. So, that’s
just awesome. Let’s give that URL just one more
time. It’s
www.hardtofindseminars.com/joyner.htm. Let
me spell it out for you just one more time
incase you missed it. It
www.h-a-r-d-t-o-f-i-n-d-s-e-m-i-n-a-r-s-.-c-o-m/j-o-y-n-e-r.htm.
Michael has put that together exclusively for
Simpleology members. You guys can go check that
out right now. A great, great deal that he’s put
together for you. I think you’d just be crazy
not to give that a shot
So, let’s
say somebody has tried it 29 days and they’ve
got to ship it back. Can they send you an email
on day 29 and say you know what, I’m really
sorry it’s not working out for me. The package
is on the way. It may not arrive in the 30-days.
Is this okay?
Michael: Yeah, that’s
right. But it’s actually not a physical product.
It’s a digital product, so there’s nothing that
needs to be shipped. Once you place that order,
you’ll be redirected to a page with the product,
everything ready there for you to listen to.
Mark: I can do it
right now.
Michael: Yeah, you can
do it right now.
Mark: I’m fired up
about that. I’m going to check that out myself.
I’m actually not even online right now. I’m just
like thinking how can I get online fast enough
to check this out. All right, that’s great.
Let’s
take a few minutes now to talk about the
technical side of marketing. And by the way,
just one more last time with that URL just
incase you missed that. I really hope you don’t.
Sounds like great stuff;
www.hardtofindseminars.com/joyner.htm.
Let’s take a couple of minutes
here. We promised we’d talk about some of the
technical side of recording audio interviews.
I’ll give you a little bit of the information I
have on this and I bet Michael has probably some
more sophisticated and cool ways of getting it
done, but right now what we’re doing is we on a
teleconference service. The service that I
use--I’ll just tell you the name of the company.
It’s
www.aitelephone.com and despite the
technical issues that happened earlier tonight,
it’s probably not their fault. It could very
well be the fact that I’m calling from a line in
Australia. Maybe there’s some issue between this
line and theirs. I’ve never had a problem with
these folks before, by the way. They’ve always
been extremely professional and very, very
reliable,
www.aitelephone.com and it’s very reasonably
priced. They will record the interview for you
for a fairly nominal fee. I think it costs you
about $20 each time a recording comes through.
Then they will just upload the MP3 file of the
recording for you to the website. That’s what’s
happening right now. This call is being recorded
and the call will be uploaded within 24 hours of
us getting it done. The recording is not one
hundred percent perfect. Everyone who has been
to the Simpleology website and has listened to
these recordings, you know that they’re not
great because we’re dealing with people over the
phone, but it’s the content. And people still
are interested in listening.
Now, Michael, you’ve probably got
a much better way of doing this. How do you
handle all this?
Michael: Well, the
difference in what you’re doing, you’re doing
live teleseminars and I rarely do any live
teleseminars. I’ve maybe only done one in the
past. I usually don’t do live events. This is
what you need.
One great thing is it’s very
inexpensive. You don’t need thousands of dollars
of equipment. There are people selling equipment
for thousands of dollars to have super
professional sounding audio and I think that’s a
detriment. I think if your audio is not perfect,
it causes the listener to kind of have to listen
in a little harder. It gives it more
authenticity. All you’re going to need is a
digital recorder. You can go to Radio Shack and
get a digital recorder. I use a Sony ICD, which
is a $100 digital record that I got from Circuit
City. You can find them on Ebay very
inexpensively. So, you need a digital recorder
that gives you the ability to record digitally
and gives you the ability to save the audio
recording as a .WAV format.
You’re going to need some editing
software. Now, this is only if you choose to
edit your audio recordings. Like this recording
is going to go right to your site and it is
unedited. So, in your case, you don’t editing
software. I choose to edit all my recordings, so
you can get free trials of editing software. The
one I started out with and still use is
something called Gold Wave. If you go to
www.goldwave.com, you can download some
editing software. Now, they’ve upgraded to some
new software, which I have found very hard to
use, so I use the old 4.7 version of Gold Wave.
If you choose to but it, it’s $35.
Now, preparing for a call, if you
have call waiting and you’re doing an interview
with someone, for instance, I press star 70 here
in the states. That keeps any calls from beeping
in so you don’t want any interruptions. You want
to make sure you have fresh batteries in your
recording device. You’re also going to need to
record the calls a device from Radio Shack. If
you go into Radio Shack or go online to
www.radioshack.com and search record calls,
you’ll see a little black box and it’s got a
switch and it hooks into your wall and it hooks
into your digital recorder. It’s a little bit of
a challenge getting it set up, but once it’s set
up it’s very easy to use. When you pick up the
phone you press the record button, and you’re
recording audio digitally--a very good quality.
Before I
do a call with someone, I usually get their
permission to record the call. Now, some people
ask well don’t I need a release if I’m doing a
recording. I’ve tried releases in the past, but
they usually inhibit the process. People don’t
get them back. So, what I do is when I’m on the
call I just explain we’re going to record the
call. I may want to use it for my site. It maybe
turned into a product down the road. Is that
okay with you and I get them to say yes that’s
fine and I have that on the original recording.
I’ve never had a problem in all the years that
I’ve done this.
Now,
there are different types of interviews. There’s
an outline interview. For instance, Mark, what
we did is when I recorded you for my website,
all I did is I sent an email out that said I’m
going to be interviewing Mark Joyner. This is
the time to ask your questions. The questions
came back to me, so there was really very little
preparation for me. I used the assets. I used my
customers and my members to my site to ask the
questions that they wanted to know the answers
to and that’s always a good strategy because
you’re giving your market exactly what they
want. And there’s another type of interview you
can do, which is an outline type of interview.
So, for instance, let’s say you find someone who
has an ebook, but he’s got no audio or he’s got
a regular book. Well, he’s created an outline
for that book and you can just look at that
outline and come up with all the questions for
the person you’re interviewing and that also
becomes a very easy process for knowing what to
ask the person you’re interviewing. A lot of
people will get hung up and they say well I
don’t know what to ask the person, but any
expert you’re interviewing, these questions have
been asked before. So, that’s another great way.
And then
there’s another interview style that I do called
the story interview. And that’s just starting
from the beginning. Mark, how did you get
started in all this marketing and you’d take
them through a chronological process of
everything that they’ve done and you dig deeper
and you say well how did you do that or why did
you do that or what made this work. You dig
deeper and deeper.
So, those
are some of the processes and types of
interviews that I’ve done over the past that
have made it real easy for me.
Mark: Wow, that’s
just a whole whack upside the head full of
information there. By the way guys, this is
stuff that’s probably taken Michael really at
least over a year to figure.
Now, by the way, just one more
thing on the technical side of this, there is
another way you can do this. There are probably
several others, but one other way that comes
immediately to mind is that you can use one
those Radio Shack boxes and you actually plug
them right into the back of your computer. If
you use that audio editing software, a lot of it
will write or record right to it. Now, some is
better than others. Some is more stable than
others for recording long bits of audio, but one
problem with this is and one challenge, which
sort of justifies why Michael is doing it the
way he uses it with an offline MP3 player that
you record directly into is when you do it on
your computer sometimes the computer crashes in
the middle of that recording and you can lose
everything single bit of what you recorded. So,
if you are going to do it that way, it might be
wise to somehow get a splitter, if that doesn’t
kill the sound quality too much because
sometimes when you split the signal across two
different wires both end up sounding really
terrible. But if you can do that, you can boost
the signal enough, you can get a backup
happening on a physical player and another
recording happening on the computer. Now, the
nice thing about recording right into the
computer is you don’t have to download from the
MP3 player. On the computer you just go bam
right there and start editing it if you are
going to do so. Again, with the Simpleology live
learning events, these are totally unedited.
These are just straight up, right to the gut
conversations that we have with folks.
Now, Michael has got a very
different way of doing stuff. He’s got a super
professional edited process. It’s just a canned
way of getting all this done. I don’t want to
use the word canned really because that makes it
sound like it’s not all that great. But the
quality of what he puts up is absolutely
phenomenal.
Now, to close this up, Michael, I
want to give this URL just one more time just to
let folks know about the free 30-day trial. You
won’t even charge their credit card until after
30-days. You can check it out and then if you
don’t like it, on day 29 just shoot Mike an
email and he’ll just say all right, hey no
problem, I won’t charge your credit card. It’s
as simple as that. And you can get access to
this instantly without paying a dime. I think
that’s wonderful. It’s
www.hardtofindseminars.com/joyner.htm.
Michael, I want to thank you so
much for coming out tonight. And you are one of
the real experts out there. There are a lot of
people out there teaching marketing. You are the
real deal. You’ve always kept it honest and in
the process of that, you yourself have become
one of the world-class experts. I want to thank
you once again for taking this time with us
tonight.
Michael: Mark, I really
appreciate it. And really, it’s an honor to be
here. Thank you very much.
Mark: Thank you.
Good night, folks.
Michael: That’s the end
of this interview with Mark Joyner and Michael
Senoff. I hope you’ve enjoyed it and I encourage
you to check out Mark Joyner’s Simpleology site
and also to review some of the other audio
recordings at
www.hardtofindseminars.com. Thanks for
listening. For more information on Simpleology
go
here .
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