Sat, 28 May 2016
Whenever you run into tips on productivity it’s always this earth shaking adviceYou’re advised to make these monumental changes to improve your business or life. In reality all you need are tiny little tweaks. --------------------- In this episode Sean talks aboutPart 1: How to work with a timer Right click here and ‘save as’ to download this episode to your computer. --------------------- I’ve always assumed you needed a nut cracker to open a walnut.Then I learned you could easily use the rear end of a screwdriver. A couple of hard whacks along the ridge, and the nut cracks open easily. To prove the point, I gave my niece Marsha to crack open the nut. She’s just 12 and her gentle taps were driving me crazy until I realised that once again I was assuming erroneously. I found out you don’t need to whack the nut at all. A few Marsha-taps and it opens just as effectively—and without any splatter. We assume we have to do something great and wonderful to get productive. In reality, the changes needed are Marsha-taps. They’re gentle, almost negligible changes that enable us to get a lot done with little or no effort. In fact, one of the biggest productivity tools is to do nothing. Intrigued? Well, follow along. The three points of gentle productivity are: Part 1: Working with a timerThe Psychotactics Article Writing Course is billed as the toughest writing course in the world. And rightly so. In fewer than 12 weeks a participant has to go from a “frozen state” to being able to write an article exceedingly well. When you look at all the components involved in article writing, you run into a mountain of elements to master. A single course covers “topics, sub-topics, outlines, how to start an article, different types of formulas of writing, subheads, objections, examples, summary, sandwiching and yes, the incredibly important task of starting an article.” And in the process of juggling all these components, the participants do something that jeopardises the entire learning process. They will try to write an article that seems to meet their own standardParticipants complain about the quality of their article. After they write their articles, they somehow feel something’s missing. So they go back to write and rewrite until they reach some sort of “quality standard. No one starts off wanting to spend three or four hours on an article, but invariably that’s how we go about trying to get our work to a higher “quality”. In reality, all that’s happening is the build up of exhaustionIf you spend four hours writing an article today, and four hours writing an article tomorrow, will you be awake on the day after? The chances are you’re just going through the motions as the tiredness seeps into your bones. When you’re tired, you’re not only robotic, but you miss out on very important learning cues. It seems very much like a Catch 22 situation. You can’t create a “great” article unless you work hard at it. And yet, working hard leads to so much exhaustion that the rest of your work suffers. Is there really a way out of this mess? The answer lies in a timerThe Article Writing Course runs to a timer. You have a fixed time to do the outlines; a fixed time to do your assignment; and yes, a fixed time to spend your time on the forum looking at the work of others in your group. When your time is up, you’re done. But does this make any sense at all? With a fixed time would the quality not get a lot worse? After all, when you labour over your work, you get time to fix the glitches, tidy the work and make it better. A student that is given just 90 minutes to write an article may well be dissatisfied with their work, but give them 180 minutes and they don’t turn out 200% better work. Their work is probably improved by a mere 5-10%. But their exhaustion level goes sky high when they take more time to do the task. Tasks that have fixed deadlines may not be the best in the world but they’re the key to productivityI draw a daily diary of cartoons in watercolour. I’m fastidious about doing one watercolour every day. Then a big project comes along and I’m suddenly lost. I skip a day, which turns out to be a week. Soon a month has slipped by without any work being completed. What’s worse is that I ache to do that watercolour every day, but hey, a watercolour takes me anywhere between 45 minutes to an hour. Which is why I can’t handle the watercolour when that project rolls along. But what if I only painted for 15 minutes in the day?Instantly I feel the need to rebel. I know it takes 45 minutes so how on earth can I achieve something in 15 minutes? Anyway, I made the rule, so may as well use it, right? And so I did. I did what I could in 15 minutes. Was it as good as the 45 minutes painting. Probably not, but that’s what we found on the Article Writing Course as well. At first, there’s this intense sense of rebellion coursing through the logical part of our brains. Yet, the moment we realise there’s no way out, the creative side seems to take over and we work out how we can achieve the task in a shorter duration. Will it be as awesome as the 45 minute watercolour?Let me be very clear with you. I’ve slaved over a watercolour for 5 hours and it’s not like additional time makes a better painting. Granted there are going to be deficiencies in the final product, but if you keep up the speed every single day, something interesting happens. You manage to put out not average, but some really good work in a fraction of the time. And most importantly, where there was a blank canvas, there’s work. Not only did I do my painting, but I’m proud to have something, instead of nothing. Instead of giving up, I’m moving ahead by putting a restriction on how much time I can allocate to the project. Amazingly this has reflected in the dropout rate of the Article Writing CourseWhen you call a course the “toughest writing course in the world”, it usually lives up to its billing. And at least 20% of the students drop out (most other courses online have a drop out rate of 80-95%). Yet, once we put the timer system in place, we are in Week 7 of the course, and only one student seems to be teetering. Will that student come back? We don’t know for sure, but a lack of exhaustion is the key to productivity. It seems ridiculous to let a timer dictate your outputYet, the timer system works for our courses, for workshops, for our personal productivity and even when Marsha’s doing her school assignments. Given endless time, she fills in the time in some magical way. Put her on a timer and she astounds everyone, including herself. In trying to get more productive we’re looking for that super-big tool that will change our lives. Instead the first of those tools is the humble timerYou may go overtime—but you’ll finish your work quickly enough. Will it be amazingly good? No it won’t. But if you don’t use the timer, nothing gets done, which is a lot worse. Sleep? How are you productive when you sleep? Part 2: Sleep enhances productivity—but how?Sleep helps us in many different ways, but we don’t relate garbage disposal to sleep, do we? Lack of sleep affects brain function, reduces learning and impairs performanceIt also seems to prevent us from transferring short term memory to long term memory. However, researcher, Dr. Maiken Nedergaard has a mind-blowing theory (he submitted a paper to the prestigious journal called Science). His research shows that the brain apparently goes through a garbage clearance when we’re asleep. Nedergaard’s team showed brain cells shrink during sleep. This shrinking of the brain cells opens up the gaps between neurons, which in turn allow fluids to wash the brain clean. The research also suggests that failing to clear away some toxic proteins may play a role in brain disorders like dementia. But let’s put brain disorders aside for a moment, and focus only on the and think of what happens when you don’t sleep. With every sleep deprived hour, more toxins keep building up in our brain, impairing our productivity. We’re more sleep-deprived than ever, and we have the idiots to prove itEverywhere you look, you’ll have the so-called gurus berating you for dreaming about the weekend. Very few people seem to take breaks, let alone weekends. Sleep is associated with laziness, and there’s utter disdain for the afternoon siesta. In many countries, they derogatorily call it the “nana nap”. Yet Nedergaard is pretty clear about the value of sleep and how it affects the clearing of junk from your brain. “You can think of it like having a house party. You can either entertain the guests or clean up the house, but you can’t really do both at the same time.” Productivity is the house party!The more productive we are, the harder we work, the greater the amount of “garbage” we seem to accumulate. And boasting about little sleep is hardly the way to go about getting rid of the garbage. I know this seems ironic seeing that I’m the 4 am guy, but I’m well into counting sheep by 10 pm or earlier. Then there’s a solid hour or even two hours of sleep in the afternoon. This regime of getting more sleep, rather than less is what counts towards productivity. But what if you feel groggy after an afternoon sleep?Many people do. And it’s good to measure how much sleep is restorative and how much makes you groggy. Some people nap in sleep cycles. I’ve found I can sleep in 45 minutes or 90-minute cycles. If I’m woken up in between, I feel groggy. But here’s the really interesting bit.I sleep longer when I’m more rested. On workdays, I’ll sleep for about 45-90 minutes, but on vacation that sleep gets extended to an enormous 3 hours. While no one is asking you to sleep three hours or even 45 minutes, you should try a 20-minute nap at the very least. Instead of trying to create yet another to-do list, your biggest item should be garbage clearanceLauren Hale is an associate professor of preventive medicine at Stony Brook University. She reckons screens of any kind inhibit our sleep. Whether it’s a phone, tablet, computer or TV, it affects our sleep. Getting rid of all those devices at least 30 minutes before you sleep is one way of getting a sounder sleep. Anyway, it stops us from checking e-mail or looking at Facebook, which only increases the churn in our brain instead of letting us sleep well. Sleep may be on everyone’s to-do list and no one’s productivity listWe don’t see sleep as important, and yet it’s been amazingly useful when training clients in courses. In the 2008 version of the Article Writing Course, for instance, clients needed to write five articles a week, with no limits on time. And they all turned out decent articles. In the 2016 version of the Article Writing Course, clients are required to write 2-3 articles a week, and there are limits on time. In every instance, the 2016 batch is writing far superior articles in smaller portions of time. And how do I know this to be true?A skill like writing can never be treated like an objective science and it’s always going to be subjective. Yet, I think I could easily slide into a bit of a judging role as I’ve written between 3000-4000 articles in the past 16 years. It includes 52 articles for the Psychotactics Newsletter and between 3-5 articles for 5000bc per week. It doesn’t include several books or reports. And every Article Writing Course generates between 800-1000 articles. Seeing I’ve conducted over ten consecutive courses, that’s about 10,000 articles read over the past ten years. Add it all up and we’re looking at least 14,000 articles over the past 16 years. I know it still makes the skill subjective, but I’d say I have a pretty good handle on good vs. not so great article writing. And the more rested the student, the better the articles.I’d like to say writing more articles per week would make the client a better writer, but it doesn’t. Not in the early stages, at least. Once they’ve got a good handle on the elements of article writing, they write quickly, create less garbage, and they’re able to write every day, if necessary. And yes, without too much of a strain. Even so, sleep helps tremendously which is why weekends and breaks are crucial. This improvement in productivity doesn’t need a team of researchers does it?It’s not just a finding when it comes to article writing. You know from your experience how much you stagger about like a drunk when you’re sleep deprived. This, of course, takes us to our third element: staggering the task. Part 3: Most of us are told to start with the end in mind.The goal. And it’s that end point that more often than not, unravels our entire sequence of productivityThe end point is why we get involved with any undertaking. We join a cartoon course to learn to draw cartoons. We get into karate class so we can protect ourselves should we find ourselves in a bit of a bother. And yet for most of us, the end point is fuzzy. What would the cartoon you draw in six months from now look like? What kind of moves would you make in karate a year from now? No one can answer that question, no matter how prescient we happen to be. So the end point is important, but in reality it’s just a point in the road. A better way to see an end point is to visualise the drive to your weekend picnic spot. You clearly know your destination, but as you get in the car and get going, what are you looking at? Yes, it’s the road right in front of you. Every turn of the wheels forces you focus not on the endpoint, but the process instead. Michael Phelps is the most decorated Olympian of all timeBehind Phelps’ amazing track record is his coach, Bob Bowman. And here’s what Bowman has to say about process. “Champions value the process more than any outcome. Because that’s what controllable and within our ability to deal with”. What he saying is that the journey itself is the benchmark—not the destination or outcome. For example, if we were learning how to write a sales page, we shouldn’t be focused on the end point. We should be more aware of managing the process. On a sales page there are so many elements: headlines, bullets, features and benefits etc. If you’re learning to write headlines, you should be focusing on the headlines. If you’re writing bullets, they should be your benchmark. You shouldn’t be asking: How is my sales letter doing? That’s the wrong question to ask. Instead, you should say: Am I benchmarking what I learned today? Or this week? The moment we shift our focus on the end point, we’re easily frustratedThat’s because every journey has diversions or speed bumps. And if we haven’t accounted for those diversions, we get upset and start to wander away from our destination. And rightly so, because the destination is still a zillion miles away. However, if we focus on the immediate road, things change. Even if you hit diversions, that’s part of the journey. Productivity is often measured by what you doInstead, we also need to measure it by what gets in the way. The moment we’re focused on the end point, we come up with rather silly statements like, “My work isn’t up to the quality I expected”. The reason for this seeming failure is you’re evaluating the entire project, and we’re not there yet. Frustration sets in, and you end up berating yourself, thinking everyone else is better than you. And can you believe being productive when your mental state is in a shambles? The way to approach productivity is to break up your journey into smaller bitsWhen clients write an article, I advise them to first do the outline. Then do nothing for hours on end. After those hours have ticked away, write the First Fifty Words. Again, you can walk away from the article. Bit by bit, mile by mile that article gets built until a day, even two days have passed. But how much time has the client spent on the article? Often it’s just a little less than two hours in all. Yet, how do many writers attack an article?They sit down and try to do what I used to do. I’d be adamant that I wanted to get to the end point, so I’d spend all day on the article. As the hours ticked away, I’d get so lost that many articles never made it to the finish line. Instead, I’d throw yet another article in my article writing graveyard. What seemed like a good idea—the finish line—was, in reality, a terrible mistake. I lost energy, didn’t work with a timer, didn’t have the nerve to take a nap to replenish that energy. And so that article never did make it to the finish line. I was trying to be productive but ended up doing quite the opposite. The end point is just a point. If you managed to get 70% to the end point, it’s better than dropping out. Next Step: Read or listen to How To Beat Inertia And Why Logic Doesn’t Work http://www.psychotactics.com/beat-inertia/
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Direct download: How_Gentle_Productivity_Gets_Astounding_Results.mp3
Category:general -- posted at: 12:00pm NZDT |
Sat, 21 May 2016
There seem to be two sets of clients: really painful ones and amazingIt’s the painful ones that seem to drain an enormous amount of energy and time. They’re the ones that you constantly have to battle with. But how do you know in advance how to avoid these clients? There are red flags in place. In this episode you’ll learn how at Psychotactics (for the most part) we avoid painful clients. ---------------- In this episode Sean talks aboutPart 1: Why and how to add barriers Right click here and ‘save as’ to download this episode to your computer. ---------------- How We Avoid Energy-Sapping Clients at PsychotacticsWhich ants have more offspring? The ants that forage more and hence have more food supplies? Incredible as it may seem it’s the ants that restrain their foraging that fare betterBiological studies have almost always believed that species that have the greatest food supply tend to do better. A Stanford study by Deborah M. Gordon demonstrates how harvester ants experience greater success when they’re picky. This picky, picky, picky habit applies quite neatly to client acquisitionWhen you first start out in business, it seems like a good idea to go out and forage for new clients all the time. Over time, you’ll learn that there are good clients and energy-sapping clients. And that by appealing to everyone you may get success, but at Psychotactics, we’ve found that seemingly counterintuitive behaviour seems to work a lot better. That instead of trying to increase our reach, we’ve narrowed it downIn the ant world, success is measured by a greater number of offspring. In our world at Psychotactics, success is measured by the amount of control we have over our lives. The ability to work with the clients we want, earn a profit that’s sizeable, yet within a pre-defined limit. Most importantly, it has allowed us to take three months off and travel the world on vacation. In a world that’s increasingly driving itself crazy, we live with an island mentality. And a significant part of this success lies in the fact that we have great clients. But no one just has great clients. You have to pick great clients. So how do we pick our clients?Over the past 16 years, we’ve used three core methods. And these methods have worked amazingly well for us. They are: – Adding barriers Part 1—Barriers: The First Step To Avoid Energy-Sapping Clients at PsychotacticsLet’s say you tried to buy the copywriting course off our site. The download might never show up. Instead there’d be a back check on your recordYup, just like an employer does a check on your past before hiring you, a check is done on your history with Psychotactics as well. Have you been a subscriber? For how long? Have you bought The Brain Audit yet? When did you do that? Have you bought other smaller products? If the answer is no, it’s likely that you’ll get your couple of thousand dollars right back in your bank account. So why is the case?It’s a barrier in place. And we have rules. And the rules are simple. You need to have subscribed. You need to have read The Brain Audit. Without jumping over those barriers, you’re not truly qualified to be part of our system. So yes, we may check if you’ve bought and consumed the products with another email address, but if the answer is no, then the money goes bouncing right back to your account. I remember an event in Chicago quite clearlyI’d just spoken at the System Seminar. I’d just given a presentation, and a member of the audience approached me to buy our info-products course. Was he a subscriber? Did he have The Brain Audit? Would he buy The Brain Audit? His said he wasn’t planning to buy The Brain Audit. He just wanted the info-products course. And he was willing to spend his couple of thousand dollars if I just swiped his credit card. You can tell how this story goes, right?To this day, customers can’t understand why we’d walk away from thousands of dollars over a measly subscription and a copy of The Brain Audit. But think about it for a second. Would you marry someone who you’d never had a first date with? Would you even consider marrying them without engaging with them at least a couple of times? And if you’re not the marrying kind, it doesn’t matter. We still understand the concept of testing the waters, putting up the barriers just to see how the other person reacts. At Psychotactics, we know how the other person reactsThe greater the barriers the client has to climb, the more they stick around. The more they stick around, the more we get to know each other and help each other move forward. And that is why we have a 3% or less refund rate on bigger products. It’s because the client has qualified themselves repeatedly. It’s not like there’s a zero-refund rate. Sometimes, despite all the due diligence between the client and us, there’s still a mismatch of the product. A client may expect the product to do one thing, and it may do another. That’s fine in our books. We know the client has gone through the steps and one rainy day doesn’t make a monsoon. The opposite is true as wellThe refund rate climbs to about 98% if the client is not a subscriber. Yes, read that again. A whopping 98% of those who easy come, also easy go. If the client hasn’t subscribed or bought The Brain Audit, they still can’t buy our bigger products. They can buy the smaller, specific products like Website components or ‘Black Belt Presentations’, and they do. The moment we see that order come through with no history of client/Psychotactics interaction, we can be almost sure that a refund will follow. It gets worse…Some of those folk won’t just ask for a refund. They simply ask for a chargeback. It means we get a black mark against our name (Too many chargebacks and your merchant account can be closed down). Plus there’s a $20 penalty that we have to pay. That’s not nice at all, is it? This punk, whoever he is (and it’s usually a “he”) is running rampant picking up stuff only to refund it or ask for a chargeback. Even if the person simply asks for a refund, that’s another 10 minutes of your life down the drain as you go through the process of refunding the amount and responding to the “customer”. So why not put the barrier in place for the smaller products as well?Remember that you’re running a small business. And so are we. Some things can be monitored and others can’t. A stream of small products go out of the door every single day, but less so with the bigger products. So while we push hard for clients to have a relationship, some of them are just walk in with every intention of sneaking away in the morning. Everything can’t be monitored, but as the products and services get bigger, the barriers can indeed be put in place. Having barriers in place is a good thingThe moment someone puts a few thousand dollars in your bank account, you feel pretty entitled to it. And some folks have put in $10,000 into our account (when we used to do the Protégé sessions) and yes, you feel entitled to that as well. But don’t cozy up to the dollars just yet. You need to do the background check. Find out if the person is a good match. Do your due diligence. A little due diligence goes a long wayClients that jump over the barriers stick around for years to come. You don’t have to be like all those marketers out there chasing endlessly after new clients. Instead, you can have a group of clients that trust you and will be more than happy to buy your products or services in future. And yes, there will be the occasional refund, but nothing very dramatic. And that’s what barriers will do for your business. Yes, it’s scaryYes, it’s necessary. So how do you learn to work with red flags? Let’s find out in this second part. Part 2—Red Flags: How We Avoid Energy-Sapping Clients at PsychotacticsDo you know where the word “vaccination” comes from? It’s derived from the Latin word for “cow” (which is “vacca”). And there’s a strong connection between cows and viruses. For 3000 years, smallpox was wantonly killing people. In the 18th century alone, over 400,000 people died of smallpox. But in 1796, a British doctor named Edward Jenner noticed that dairymaid got cow poxCowpox was a less dangerous virus but still related to smallpox. Once they contracted cowpox, the dairymaids were completely immune to smallpox. So Jenner injected a young boy with the cowpox virus and then later inoculated him with smallpox. And the boy didn’t get sick because the body has an immune system. And that immune system was able to figure out the virus with the lowly cowpox. When smallpox came knocking, the body had the red flags in place. It was able to identify and destroy the virus before it was able to do any more damage. At Psychotactics we’ve learned to look for red flags when dealing with clients-Not showing up on time These are all red flags for us at PsychotacticsAnd sometimes you get caught unaware by a situation. Just like an unknown virus that may attack your system, it’s possible for clients to make seemingly mundane requests. Like the one that a client made at one of our workshops. “Can I bring my teenage daughter along to the workshop?” he asked. He promised she wouldn’t be a problem, and since he was going to be in the workshop for three days, he asked if she could sit at the back of the room. She wasn’t going to participate, just quietly sit and watch the presentation. Can you see a problem in that request?Well, neither could we. That seemingly simple request caused an enormous amount of grief. Instead of simply sticking to the back of the room, she went along with her father for the group sessions and began to participate. Not only was the group unhappy with the introduction of the daughter, but the father started to get aggressive. He’d defend whatever the girl said, much to the frustration of the group. Most red flags are consistent in a businessYou’ve experienced the issues before, and you can see the problem approaching at a great distance, yet sometimes we lower our guard and let the virus in. And this creates great havoc and sucks up a lot of energy. I had to tell the client that his daughter could no longer sit in the workshop or participate in any way. This got him all upset and both he and his daughter left. Now, if a client asks for exceptions, we walk through what can go wrong and make a decision accordingly. However, the least energy-sapping plan of action is to have everything down on paperYou need to let the client know what they can do, and what they can’t do. Writing down what they can’t do allows you to anticipate the issues before they pop up. It’s like a form of cow pox injected into the system, so that if a problem should arise, you’re ready with your paperwork. Incredible as it may sound, the moment something is down on paper, clients tend to play along. When we choose clients, we make sure we put barriers in their way, but paying attention to the red flags makes sure that once we avoid disruptive clients. However, these are only two of the methods to getting good clients. The third one does all the grunt work without us lifting a finger. Incredibly, this system of choosing clients comes from the usage of testimonials. Testimonials?That doesn’t make sense. How is a testimonial a filtration system? You’ll be surprised at what a photo and text can do. Let’s find out in this third part where we take a deep dive into testimonials. Part 3—Testimonials: How We Avoid Energy-Sapping Clients at PsychotacticsIf you ever had the need to go to a dating site, you wouldn’t start reading the information, would you? You’d first look at the photosWe instinctively look at photos because we recognise ourselves in the photos. A photo tends to reflect who you are. And you get a live demonstration of this phenomenon when you go to a marketing site where they have exaggerated promises. They may promise you’ll make a lot of money, or get results quickly. But don’t read the information, just gaze at the photosYou’ll find to your amazement that you don’t like the look of many of the people in the testimonials. You don’t know those people, yet there’s something about them that sets off tiny alarm bells. Yet, there are others who want a quick result. They want to become millionaires overnight. They are desperate, and unlike you, they find the photos very appealing. Photos send out a powerful message to potential clientsIf you put photos of clients that are reliable, ethical, clients that you like and want to work with in future, that’s what you’ll get. Which is why we have photos of people that we like, clients that we’ve worked with, clients that we’ve gone out with, clients that we would love to have all the time. And what’s the result of this photo strategy?If you’re a client or have been on our courses, membership site or workshops, you know what’s coming next. The clients on our courses are easily the most helpful and the kindest people you’re likely to find on any course. Clients often ask: “How do you get such great people in your courses?” What kind of filtration system do you have in place?” The answer lies in the photographsIn the past, we’ve made the mistake of putting a photo of a client who didn’t meet with our picky nature. Almost immediately, we’d get other painful clients. If you’d like to try this experiment for yourself, put photos of painful clients on your site and you’ll start to attract similarly migraine-inducing clients. If you put in the photos of clients you like to work with, you’ll attract great clients too. It’s a simple filtration system, and it works amazingly well. But photos alone will not do the jobYou will also need testimonials that read like an experience. When you look at the testimonials of our membership site at 5000bc, you’ll see they don’t just say “wow”. They read as if someone were talking to you. When it comes to more expensive products or services, the testimonials are sometimes 500-1500 words long. And the entire testimonial is about the user experience. A testimonial that says, “that was the hardest course in my life” gets attentionBut it also attracts the right kind of audience. It drives away those wimpy people who don’t want to put in the effort and think that business is just some magic trick. It drives those people to the “gurus” of the Internet. When those “get rich quick” crowd clear, what we have are kind, friendly, hard working people. People who have similar goals, similar ethics, and behaviour. And most of all, we at Psychotactics have no trouble. We get to do the things we love. Clients admire that we work hard and that we take our three months off as well. They cheer us on because that’s their goal as well. And that’s pretty much how the Psychotactics strategy for getting great clients. Time to summarise, eh? SummaryWe started with barriers Barriers may seem counter-productive and yet they’re a filtration system. The biggest reason why you have to wait to join 5000bc, or pay to be on a waiting list or can’t do a workshop until you’ve read The Brain Audit, is because we’ve put a barrier in place. And the bigger the price of the product or service, the bigger the wall. If clients don’t get over that barrier, they’re not serious about succeeding. That speed bump drives out the “quick and easy” crowd and leaves us with clients that appreciate steady progress and hard work. The red flags that show up are the next factor to consider When you’re in business, you get taken aback by client requests. And at first, you want to make the client happy. But you’ll find some situations are consistent red flags. It’s not like we don’t ignore the red flags. We do, and when we do, we pay the price. But by and large, when a red flag goes up, we pull up our rules and regulations and stick firmly what’s written on paper. Putting down what we will do and won’t do enables us to predict the future a bit. So yes, we get out that paper and write down what we will not do. Putting down our red flags on paper, ensures we get clients that stick to our guidelines and not spoiled brats who want to make their own rules. Finally it’s the role of testimonials Testimonials have many aspects to them, but the main aspects are the photos and the experience. We pick and choose photos of clients who we adore. We put their testimonials on our site, and not surprisingly we get similar clients (Note: If your photo is not on our website, it’s not because we don’t adore you. It’s just a space issue). We also don’t just put testimonials, but put in experiences instead. An experience is a before and after scenario. And it may go on for a few sentences but often for over 1000 words. And this again filters out clients. Those who are in a hurry don’t read the experiences and just leave in the hope of amazing riches. And we’re happy to see them leave because our goal is to create clients who value not just information, but skill. It’s the skill of writing, of creating your sales page—it’s these skills that matter in business. There’s no easy way and when our clients describe the effort they need to put in, it drives away those who want shortcuts. Ants that succeed forage less oftenWe at Psychotactics have grown our list very slowly over the years. We’ve done almost no affiliate-sales, no advertising, don’t have Google AdWords and joint ventures. And yet, we’ve had a lifestyle that most others only dream off. We take weekends off; we take three months off, and we have clients that keep coming back to do our courses, workshops and buy products and services. Like the ants we’re pickyWhich is why we’ve had a blast. Over the past few years, we’ve had lunches, dinners and had wine and beer, individually, with over 1000 clients. We’ve gone on vacations with clients too. They’ve been invited to our home and in turn have made us comfortable in theirs. Being picky has its rewards. What else could you want? Next Step: Read or listen to—The Meaning Of Life? Or A Life of Meaning? How To Solve This Eternal Problem
P.S. Do you sometimes wonder if planning books are written just for the ‘organised’ people? So year after year you sit down and create a list of things you want to achieve. Then suddenly it’s April, and you’ve not really moved ahead as you’d expected.And hey, this phenomenon isn’t new. It’s not like you’re not trying to achieve stuff, but something always seems to derail your goals. How do you stop it from happening yet again? Find out if Chaos Planning is for you. http://www.psychotactics.com/products/chaos-planning-forget-business-planning-and-goal-setting-start-with-chaos-planning/ |
Sat, 14 May 2016
In an interview with Tim Ferris, marketer, Seth Godin says that 97% clients drop out from his online courses. And under good conditions, 80% drop out. Yet there's are three core reasons why clients drop out and unless you tackle those issues, it's impossible to stop the dropout rate from spiralling. At Psychotactics, our dropout rate is a measly 10%. Which means that 90% of the clients finish the course. How is that possible? How come there's such a massive difference? This episode shows you what you can do to achieve far superior goals than many, if not most trainers online. ------------------------------------ In this episode Sean talks aboutPart 1: The power of energy management ------------------------------------ The Dropout Factor97% of client drop out in most online courses. The responsibility of the learning depends on the teacher. When you think about dropouts, you almost always think about the student.Yet, the responsibility lies with the teacher. It’s this seismic shift that rattles most trainers because in their mind it’s clear that they’ve done the best they could. Despite their best efforts, students still drop out. So why does this dropout occur? And what could you do as a teacher to avoid this dropout? There are three core areas which cause a dropout1) Energy management Dropout Factor 1: Let’s start with energy managementBack when I was about 12, my uncle gave me a Nintendo video game called Snoopy Tennis. The game was pretty simple. Snoopy, the dog, had to bat off the tennis balls being hit at him by Charlie Brown. Charlie Brown had this languid, easy-going serve that was easy to handle. And then Lucy would show up and hit the tennis balls at high speed. If you survived the Lucy barrage, she’d go away, and it would be back to the nice and easy Charlie Brown serves. So what’s Snoopy Tennis got to do with energy management?Energy management involves designing your training module. Does it just have modules that jostle each other for prominence or is it designed like Snoopy Tennis? A training module that has Snoopy Tennis in mind will have modules that are easy, slightly difficult and then screamingly tough. But you can’t sustain the screamingly tough part for too long. You have to go back to easy once again. If you don’t, you get dropoutsWhen the going gets too hard for too long, your clients are going to have an enormous amount of energy depletion. Handling Lucy in that video game is fine for a while, but if the intensity isn’t reduced, the client gets tired. Tiredness, not your course, is the biggest reason for dropouts. Once the fuel needle goes consistently down to zero, dropouts are guaranteed. To avoid this situation from ever occurring, you’ve got to sit down and design your course. But design is often not enough because you’ve also got to consider flexibility in your agendaTake for example the Article Writing Course that’s in progress right now. The entire course has been designed to be like a Snoopy Tennis game. From Week 1 to Week 4 there’s a gentle progression. Week 5 is a bit of a jolt. After spending the first four weeks building up topics, outlining and working on the start of their article, the writers now have to turn out a chunky part of the complete article. Almost immediately the “truancy” rate spikesThe writers are frozen because the jump is so great. And yet there are times when you can’t help but bring on Lucy into the game. In the past, I’d make sure Lucy stayed on for a long time, and it would cause an enormous amount of exhaustion. Exhaustion is one thing, but I noticed that if I reduced the intensity shortly after, the work would get better. So once the intensity is turned on, you keep it on, but then you get Charlie back into the mix. Which means that one week will involve writing 3-4 articles, but the following week will slide down to just two. What you’re working on all the time as a teacher is managing energyYou’re making sure you keep designing and re-designing the assignments, so that it’s not too easy, or too challenging. And that you have to keep your teaching agenda flexible if you see a considerable spike in “truancy.” This energy management doesn’t apply solely to online courses or trainingIt applies to workshops as well. If you get to a Psychotactics workshop, you’ll find we have lots of breaks. There are a ton of tea breaks, group breaks, walking assignment breaks. All of them are designed to lower the Lucy factor and let the brain absorb what it’s just learned. We also have a scavenger hunt and depending on the type of workshop, we may have a day-long break. For instance, for the New Zealand workshop in Queenstown, we have a four-day workshop, but we work for two days, then go off to eat, drink and be merry. It’s only then that we return to our work. All these breaks may seem frivolous to the untrained mindWhy bother with breaks when you have so much content to cover? It’s because of how your brain functions. As you spend time thinking and learning, your brain starts to accumulate a ton of waste product. The more waste product you have, the harder it is to function. You’re now in Lucy mode all the time. But the moment you get a break, the brain is back in Charlie mode and absorbing the information. This brings us to the end of the first reason why we have dropoutsIt’s a lack of course design. And energy management is just one of the issues. The second issue is the safe zone—or rather the lack of it. P.S. We have about 2-3 clients drop out from every course. To me, that’s high. That’s a whole 10-12%. I take responsibility for that. Dropout Factor 2: The Safe Zone (Or The Lack of It)Ask a seven-year-old to learn Photoshop, and they’ll happily play along. So what’s changed between the adult and the seven-year-old?The answer is time. A seven-year-old has little or responsibility and therefore endless time. If they get the instructions wrong, they can keep at the learning until they get it right—if they get it right. Adults don’t have such luxury at their disposal. And so we learn to fear mistakesAs we grow up, we realise that mistakes not only rattle us but cost us an enormous amount of time and energy. Having to learn new skills seem essential, but all of it is at the expense of precious time and energy. Which causes every zone we enter, to theoretically, become an unsafe zone. Step into a new forum, that’s unsafeLearn a new software; that’s unsafe too. Which is why you have to create a safe zoneThe first step towards safety is understanding that everything is intimidating—especially when you’re learning a skill. If you’re just a passive learner in a course, there’s no need to apply anything you’ve learned. The moment you have to apply the skill, intimidation is all pervasive. And the only way—yes the only way—to reduce intimidation is to break down everything into smaller bits. Let’s take the cartooning course, for exampleEven in a seemingly fun-filled course like cartooning (that’s the DaVinci cartooning course), you have almost instant intimidation. There’s nothing to look over and learn, but there are intimidation factors aplenty. The first week isn’t about learning to draw cartoonsInstead, a student gets to know their groups, is guided on how to post in the forum and is given instructions on how to link their cartoons to the forum. The entire week is about settling in and getting comfortable. Then, once the course begins, no one goes about drawing Donald Duck. Instead, you have a series of tiny increments that start with drawing circly circles. For many, a cartooning course is far more intimidating than any other courseThink of how you feel when you draw something. You feel like you’re a seven-year-old again. Your artwork seems almost Neanderthal—and yet the goal is to become a highly accomplished cartoonist by the end of the course. And hundreds of students have done just that. They’ve done the course, and gone from Cave painting to polished artworks. A lot of this progress is achieved through precise instructions, but the biggest factor of all is the creation of the safe zone. The way to go about the creation of the safe zone is to ask yourself three questions:1) Is the course being conducted with tiny increments or big jumps? How do you know? And there’s a benchmark to know if your course is safeDo clients come back to do another course, another training? At Psychotactics, most—yes, most—end up doing two and three courses. Some do as many as five online courses as well as attend live workshops. At the point of writing this article, we’ve announced a live workshop in New Zealand. With no sales page, no real details about the course, six clients have already paid for the workshop. Why would they make such a seemingly irrational move? Why sign up for workshops with no sales pages, attend so many back to back workshops, do so many online courses? There are many cheaper courses both online and offline. So, why bother? A big chunk of the answer lies in the safe zoneUnless a client feels safe, they’re unlikely to learn. And your job as a trainer is to create that safe zone through tiny increments, through getting clients to settle in and most importantly to allow them to reach out to you. When they reach out to you through a feedback mechanism, and you make changes, they know they’re being listened to. They know they’re not just a cog in the wheel, but an integral part of the course. The fear goes downThe safety goes up. And yet the dropout factor looms largeSo what keeps the client coming back? The answer lies in the power of the group and how you as a trainer filter the group. What’s this filtration all about? Dropout Factor 3: Group Filtration and DesignBack in 2010, we conducted a workshop around Washington D.C and we did something we’d never done before. We decided not to have any filters when letting clients sign up for the event. As you can guess, things went terribly wrongOnly one person at the event hadn’t read The Brain Audit. That one person happened to cause an enormous amount of confusion, not only during the workshop proceedings but also in the group. And it was all because we didn’t do our usually “pedantic” system of filtration. When you don’t filter the group, you create a wild card, and that can disrupt the entire learning experience. Which is why you need group filtrationWhen you put specific barriers in place, the group members have to qualify themselves to be part of the group. This changes the parameters considerably. In most of the courses and workshops at Psychotactics, all you have to do is read The Brain Audit. Even so, it’s a barrier and attracts people who are united in purpose. It seems bizarre that just a book should make such a difference, but a book often expresses more than just information. It can express your philosophy, method and attracts clients who have a similar ethical standard. However, group filtration doesn’t stop thereWhether you’re looking at live onsite workshops or online courses, people aren’t thrown willy nilly into a group. Every group is segregated by: – Existing members alongside non-members In every situation the groups are chosen, which is why there’s so much activity in every groupGroups only work together if they feel safe, enjoy each other’s company and then it seems like a party, rather than intense work. In such a case, dropout rates plunge. Clients show up every day, several times a day, helping and spurring each other on. At the end of Week 5, a group of 25 clients generated an average of 1200 posts a week. Of course, I’ve contributed to at least half of those posts, but even so, it’s quite an achievement in group dynamics, don’t you think? The size of the group also mattersThe group size is ideally between 5-7 members. If you have fewer and just a couple of clients from that group dropout, the entire group can go into a spiral. If you have more than 7, it’s hard to keep up with what everyone’s up to, and the group soon loses the tight-knit feeling. That feeling of knowing each other well is what causes the group to edge forward together as they take on the tiny increments. And when faced with a tough assignment, they all hunker down and boost each other’s spirits. Leaders emerge within every group, as is the case anywhere, but these leaders are kind and helpful. Why would you want to drop out of such a group?Your goal isn’t to be part of the group. You don’t even know how the group is put together, and yet when you discover the group dynamic working for you, you realise that it’s the group that will get you to your destination. When someone has helped you, your human nature kicks in and you want to give that help back in any way possible. As a teacher, your job is to filter the groupYour job is to design the group. You’ll still get dropoutsBut if you look closely at the those that dropout, you’ll see a very clear pattern. They didn’t stay around long enough to bond with the group. In our courses, at least, the maximum number of dropouts (online) occur within the first or second week. If the members haven’t show up consistently within the first two weeks, they’re the most likely to drop out. Which is why, as a trainer, working on the group is almost as important as energy management and creating the safe zone. These three elements become so vital that to ignore any one of these three is like begging for trouble. This brings us to our summary:– Design your training with energy in mind. Let clients have a mix of Charlie Brown weeks before giving them Lucy weeks. And always go back to Charlie Brown. – The safe zone is critical to avoiding dropouts. Tiny increments, feedback loops, getting client to settle in are all very crucial. You know you’ve created a safe zone when you get lots and lots of questions; when clients e-mail you as well as ask questions on the forum; when they bring up issues that might be even slightly confrontational. That’s when you realise you’ve created a safe space. Your final benchmark is the repeat client. If they come back repeatedly, that is the one factor that tells you you’ve made them a lot safer than your competition. – Finally, it’s the group that matters. A teacher can only do so much. The group feels a great warmth towards their members, but only if the members are equally kind and helpful. If you notice a group member not interacting with the group, there’s a very high chance of that member dropping out. And you, as the teacher have to design and filter the group so that they’re a good mix. The dropout rate on Internet based sites is phenomenally highIt’s as high as 97% in some cases. But Michel Thomas (if he were alive) would say something quite different. He’d say: The responsibility of the learning is with the teacher. When you take the responsibility on yourself, you stop blaming the student and redesign your teaching in a way that suits them, not yourself. And that’s when you have almost no drop out rate! P.S. Read or listen to—How To Avoid Blindspots In Your Business: The Rip Van Winkle Effect http://www.psychotactics.com/how-success-causes-blind-spot/
Direct download: Why_Clients_Drop_Out_From_Courses_And_How_To_Avoid_the_Dropout_Curse.mp3
Category:general -- posted at: 6:21am NZDT |
Sun, 8 May 2016
Should you lower your prices?In Part 1 of Persistent Myths of Pricing (And How To Overcome Them), we looked at Myth 1: Ending prices with 7 or 9 (e.g. $97 or $99 instead of $100) Now, let’s look at Myth 2: The Fear of Pricing—You can feel the “right price” in your gut. Should you lower your prices to get greater sales? Listen to this podcast as we explore the second part on the myths of pricing. ================= Imagine you’re in New Zealand right now.And you’re about to jump off a bridge—with a bungee cord, of course. Yup, fear.But how do you know it’s fear? And more importantly what would you need to do to get rid of the fear? Remember the fear you had when you first rode a bicycle?You probably don’t, but the fear existed. It exists when you’re learning to drive a car, going for a first date, and there’s even a trace of that fear when you first land a new job or show up on vacation in a city you’ve never visited before. The moment you are dealing with the unknown, the fear surges to the surface. And yet you’re on auto pilot if you’re visiting that city for the twentieth timeBicycles don’t scare you as much as they should. Pricing brings the same sense of queasiness to our systemsAnd the way we justify it, it by burying the fear. We bring our “woo-woo” systems to the surface and say we’ll know the price is right based on our “gut instinct”. But what if your gut is just good ol’ fear? Because you know it is, don’t you? And the only way we can prove this point is to take something that you own and try to sell it. What’s the gut instinct for selling your house?There’s zero gut instinct in play the moment you have to sell something that is already known. If all the houses in your area are selling at $500,000, would you listen to your gut instinct and sell at $300,000? Never mind that three years ago, you bought the house at a lower price. You still want to sell at $500,000, don’t you? And if you can, you’ll happily accept $550,000 or $600,000. A client of mine used this gut instinct in his businessHe works hard—much too hard to earn what he’s worth. And the reason why he’s struggling so much, is because his pricing is based on gut instinct. He has to put those products and services on sale, on his website. And when he puts those prices up, he feels like he’s in the middle of New Dehli, and needs to find his hotel. He can’t speak the language and though there are helpful folks around, he’s not quite sure. His brain is racing for a situation that’s a lot less stressful. A vacation closer to home, perhaps. There’s no such thing as “gut instinct” in pricingWe’ve used a dartboard to price our products and services for well over 12 years. It’s a method where you put your prices on a dartboard, and you find some darts. Then you throw them on the board. And you have your pricing. If that sounds flippant, well, yes, it is. But it’s a lot less flippant than using your “gut instinct”. ” Take for instance, the cartooning course. We started the course at no charge (if you felt like it, you gift an Amazon voucher). That course was $500 the next year, and today it’s priced at almost $1000 (for about 20 weeks). The Photoshop course (to help you colour your artwork) is just 4 weeks and costs $500. The article writing course goes for 12 weeks and hovers at $3000. The headlines course goes for 10 weeks and costs $800. Want more?“The Brain Audit” has 185 pages and costs $139. The book on “Testimonial Secrets” has 125 pages and costs $45. The same applies for any course, product or service. No matter where you look, there’s no logic to the pricing at all. And yet there’s fear. Every time we’ve raised the prices there’s enormous fearWhen we raised the price of the Article Writing Course, we moved it from $1,500—to where it is today at $3,000. How do you know how much is too much? When we sold the Protégé course at $10,000, how would we know if it was overpriced or if we were underselling ourselves? The answer lies in fear. You make these price decisions in a vacuum—dart-board style. And this is scary. Even if you’re comparing yourself with the marketplace, the client is not doing the same tour of the marketplace before settling on your product. The only way out of this fear is to keep pushing yourself out of the comfort zoneYou read about the cartooning course we conducted, right? Why offer it free? My clients already know that I’m a good teacher. They already know I’m a good cartoonist. They also know that they should be paying a substantial fee for something that’s going to take them on a six-month journey. And yet, I was unsure—fearful, even. So yes, you can let the fear get a hold of you. And yes, you can price as low as your “gut” will tell you. But remember, your “gut instinct” is your comfort zoneIt’s the lowest possible price you can afford to charge. Once you’ve listened to your gut, it’s time to move upwards. Raise your prices bit by bit, or in large chunks. As you get amazing testimonials, get more confident about your ability to deliver, you need to stop looking towards the “gut” and start looking up at the dart board. And yes, this brings us full circle to our summaryMyth 1: Ending prices with 7 or 9 (e.g. $97 or $99 instead of $100). There’s no basis for this crazy figures. Use whatever you like. Myth 2: You can feel the “right price” in your gut. Nope. You never could. That’s just fear talking. And once you’ve sold a product or service at a higher price, you’ll feel the price is just right—until you have to raise the prices again. Raise it anyway. You know how you had to suffer wearing those coats because your parents thought you’d get a cold? Well, the same suffering can bring you down with myths in pricing. Stay clear of the myths, and you’ll find that you can get better prices for your products and services every single time. And here is part one if you missed it—Persistent Myths of Pricing (And How To Overcome Them): Part 1. Top Selling Products Under $50
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