$100M Leads Flashcards

1
Q

In what 2 ways can a business grow

A
  1. Get more customers
  2. Make costumers worth more
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2
Q

In what 4 ways do you get more customers?

A
  1. More leads
  2. Better leads
  3. Cheaper leads
  4. Reliably (from lots of places)
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3
Q

Define lead

A

Someone you can contact

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4
Q

Define engaged lead

A

Someone who gives contact info and shows interest

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5
Q

7 steps to creating a lead magnet

A
  1. Problem
  2. Solution
  3. Delivery
  4. Name it
  5. Easy to consume
  6. Make it good
  7. Easy to ask for more
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6
Q

3 types of lead magnets

A
  1. Reveal problem
  2. Free trial
  3. Free step 1 of X
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7
Q

Define CTA

A

Call to action tells a customer 1) what to do and 2) why to do it now

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8
Q

3 types of “why to do it now” reasons for CTAs

A
  1. Urgency
  2. Scarcity
  3. Make up a reason
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9
Q

Warm audience

A

People who gave you permission to contact them

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10
Q

Cold audience

A

People who didn’t give you permission to contact them

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11
Q

Core Four

A
  1. Warm outreach
  2. Cold outreach
  3. Post free content
  4. Run paid ads
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12
Q

5 steps to do warm outreach

A
  1. Segment Contacts
  2. Choose Platforms
  3. Personalize Messages (ACA)
  4. Offer Value (Val. Eq.)
  5. Maintain Engagement
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13
Q

Value equation

A

Dream outcome X perceived % chance of outcome
———————
Time X effort

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14
Q

3 parts of the Content Unit

A
  1. Hook
  2. Retain
  3. Reward
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15
Q

“Jab, jab, jab, right hook” method

A

Giving to your audience many times before making an ask (with a ratio of about 4:1)

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16
Q

2 ways to scaling a warm audience

A
  1. Depth then width
  2. Width then depth
17
Q

3 ways to make a leads list

A
  1. Software “scrape em”
  2. Brokers “buy em”
  3. Manual “look for em”
18
Q

How to talk to your leads list

A

Personalize, then give Value

19
Q

Steps to maximize volume of interactions with the lead list

A
  1. Automate delivery
  2. Automate distribution
  3. Follow up. More times; more ways
20
Q

“Who What When” Framework

A

Analyzes the: value equation, given to whom, and when is the best time to give it

21
Q

LTGP

A

Lifetime gross profit from a customer

22
Q

CAC

A

Customer acquisition cost; how much it costs to lead a customer down the funnel and to convert

23
Q

4 types of “lead getters”

A

Customers
Employees
Agencies
Affiliates

24
Q

Referral growth equation

A

Clients referred - Clients churned = growth

25
Q

7 ways to ask for referrals

A
  1. Pay the CAC to referrer
  2. Pay CAC to both parties
  3. Ask for a referral as they buy
  4. Discount for referral
  5. Referral events
  6. Referral programs
  7. Unlockable referral bonuses
26
Q

How to make a SOP for an employee

A
  1. Document
  2. Demonstrate
  3. Duplicate