Marketing Secret #1 will explain the concept of “whoever can spend the most money to acquire a customer wins” and how you can do it quickly without raising money.
On the first episode of Marketing Secrets Podcast, Russell talks about the first secret of marketing, which is Don't Cheat! Here are some of the awesome things you will get to hear in today's episode:
When it comes to building your business, taking money from venture capitalists is like cheating. How you can build your business without accepting money from VC's by reading Russell's books. And find out what kinds of things you can expect in future episodes of Marketing Secrets podcast. So listen below to find out why taking money from VC's is cheating, and how you can still be successful without it.
What’s up everybody, I want to welcome you to today, the very first day of the official Marketing Secrets podcast. I am so insanely excited. This is something I’ve honestly wanted to change this for a long time. So for those who are just tuning in for the first time ever, for the last I don’t even know now, 4 or 5 years, my podcast has been called Marketing In Your Car which I record while I’m in my car. And it’s been really, really nice and I’ve always kind of liked it. I had the idea almost 15 years ago probably, when I bought the domain. Maybe less, maybe 12 I don’t know.
And then that’s when podcasts first came out, and then I didn’t launch the podcast and then a few years later, I finally did launch the podcast and I was like alright. Oh, and I had a friend Paul Callagan, who’s like one of the podcast dudes. He had this guy write a jingle for me, it was kind of a cheesy jingle, if you listen to episodes one through a hundred or so, you heard it over and over again.
But I was launching it so I was like, I’m just going to do it and we’re going to use that because, why not. I got nothing else. So that’s how the whole thing began and the first hundred episodes had that cheesy song. And it was while I was in my car driving to the office every single day. And then in that time, a lot of stuff happened. We had this idea for Clickfunnels, we launched it, and I documented a lot of that story behind the scenes, which is kind of fun. How we basically went from zero to ten million to 30 million to, I don’t even know what we’re up to now, but it’s a lot. I think this year we’ll pass 100 million dollars collected through Clickfunnels, since it began 2 ½ years ago. Which is pretty exciting for me and for everybody.
And you guys have been, had a chance to kind of see that whole progression and documentation of that, which is cool. And then, again after that episode 100 everyone kept telling me how much they hated the theme song. But I didn’t have another one, so I really quickly changed it, just by myself, which was kind of annoying. I changed it just to make it better, but it was still kind of, I didn’t really love it. So episode 100 to maybe 250 was another one. And then, by that time we were launching Funnel Hacker TV, which is our online reality, which if you’re not listening go to funnelhacker.tv and you can watch all the episodes. It’s something I’m really proud of.
Anyway, so I tried to match the theme song to that one, and it kind of was okay, but wasn’t as good. Anyway, I’ve had a long time desire to change it. Even though, right now we’re in the top ten podcast in business all the time, and it’s called Marketing In Your Car, I still have people that are like, “oh You’re that marketing in your car thing.” I’m like, “Yeah, it’s bigger than that. It’s awesome.”
So anyway, a little while ago, John Reese, I saw on Facebook he was selling Marketingsecrets.com, and I was like, oh that is it. That is the name of the podcast. I can’t rebrand it to something stupid. If I’m going to rebrand it it’s got to be something amazing and when I saw that I was like that’s it. We were able to get the domain name, and now we’re branding it.
Last week I wrote a pitch for the intro and then I loved and then Steven, and then we recorded it in our sound booth, and Steven went and did all this audio editing. And I had Brandon make some video trailers and bumpers for it. And now it’s all done and they turned out really, really cool. In fact, you guys probably heard it today, if you’re listening. If you’re on YouTube, we’re also posting these on YouTube, and in fact, I’m videotaping this right. I’ve actually on my rear view mirror, I’ve hooked my camera. It’s kind of Jimmy rigged, hooked on there. So now I’m going to have a video and audio version of each one, just because I thought it would be kind of cool. So that’s what we’re doing.
Anyway, it’s turned out really good and I’m proud of it. Now a couple of things as you listen to the intro, you’ll notice one thing, I kind of made fun of, as I often do, people that take on money in their business. That’s what I actually wanted to talk about on today’s secret number one.
So I’ve been listening to a lot of Gary Vaynerchuk lately and it’s interesting because he’s always talking about all these businesses and entrepreneurs and taking capital. What to do and what not to do. And then last night it was funny because he actually even said himself, “I never took on money in my businesses, I made money.” And it’s funny. I’ve had other people who tried to convince me to take on money and then as I talked to them later they are like, “Well I would never do it for my own company.” I’m like, “Exactly.”
The interesting thing is that I feel like people that take on money are cheating. I potentially am going to be doing a keynote at a big famous university later on this year. I’m not sure yet, it hasn’t been finalized. I’m going to kind of hold off the details until it is. But I already started writing the presentation because I got so excited. In fact, if I write a book number 4, which I think I might, this will be the topic of the book, probably. Unless I change it, I don’t know. Some of you guys might be thinking, “Book number 4 Russell? You only have two books right now.” So we’ve got Dotcom Secrets, book number one. Expert Secrets, which the launch ended last night, we are almost 50,000 books sold, we’ll probably pass that today, which is insane.
Especially when you put it in perspective, like New York Times, most people sell about 10,000 copies to get on the New York Times Bestsellers list. We’ve sold about 50,000 but we’re not on the New York Times list, why? Because they’re punks, to be completely honest. Their reporting stuff is all jacked up. I tried to get on the list with Dotcom Secrets, and we sold 3 more times than we needed to and we still couldn’t get on the list. So they’re against people like me, people who like to sell books. Weird. New York Times Bestsellers. Whatever.
In fact, if you go to russellbrunson.com, the first post I’m kind of documenting my journey from zero to a million books there. And I tell the story about New York Times there. I digress, so book number three, if I decide to write a third book, which I will. I think this will be a trilogy and then the series will be done. But we have obviously, Dotcom Secrets, Expert Secrets, and then I recently bought traffic secrets.com from John Reese, and that will probably be the third book in the trilogy and then it will be done.
And then from a separate standpoint, I want to write a book about this. Again, this will be the keynote speech I give at this famous university if I am able to. The title is going to be Stop Cheating. Stop Cheating! And it’s going to be like how we went from zero to 100 million dollars in 2….again, I don’t know exactly what the date is going to be because we haven’t crossed it yet. 2 years, 200 days and 9 hours, whatever it is. To 100 million dollars without taking on venture capitalist, or venture cash.
Because I think that taking on cash is cheating. Think about this, if you were in a body building competition and everyone was competing, working their butts off, and you came in and shot up steroids into your arms and veins and everything and went out there, they would disqualify you for cheating. If you were in the Olympics and everyone is competing as athletes, they’re all working hard, lifting weights, training, and you come in and you’re built up on steroids and you’re doing blood doping and all these other things, guess what they’re going to do? They’re going to kick you out for cheating.
So that is the equivalent of what I feel taking venture capitalists. You’re an entrepreneur. You’re out there trying to build a company and if you go and you just get a bunch of cash, then guess what you didn’t do, you didn’t freaking build a company. You cheated. Somebody gave you steroids. That’s not real, it’s not legitimate, it’s all fake. And I want you guys to understand that. It’s a big deal. It’s like, I have friends who play the lotto, for some reason here in Idaho they have the lottery, and I have friends who play the lottery. They think it’s the cool thing. They’re like, “Someday I’ll win the lotto and then I’ll be rich and famous like you.” I’m like, “You will never be rich and famous. Do you want to know why? Because if you win the lottery, you cheated. No one cares, that story’s not interesting. You didn’t earn it, you didn’t deserve it. Just because you got it, does not mean it’s actually yours. You cheated.”
So that’s like, that’s cheating. So the same way you don’t win the lotto, the same way you don’t do steroids, the same way you don’t do all these kind of things, is the same way you shouldn’t be taking on venture capital cash for your company. You should build a freaking company. You should bootstrap, do it the right way. There’s my rant for the day. And anyone who is trying to think otherwise is just stupid. A couple reasons why.
Number one, you’re taking on money, so that means you’re