I’ve Got An Embarrassing Secret To Admit

But, if you pay attention, my little embarrassing secret might just be one mistake you don’t make, and something that you can use to make your business a more profitable one in the very near future.

The story begins a few years ago. I took a trip to Las Vegas for my Birthday with my “lady friend” Kim. The trip itself was a blast, but the thing I’ll remember forever about that trip was “how” she gave me her present. She got me good . . .

I think that year was the first year that the iPhone hit the market and I kept telling her that I was going to get one, but I never pulled the trigger.

So I remember waking up in our MGM Grand Hotel room and there she was excited to give me her gift. I don’t know how she hid it, but she did.

I remember her going over to her luggage and pulling out a box. Of course, I thought that she had gotten me that iPhone I was so excited about.

She hands me the box. I’m excited. I open it.

It’s a carrying case and some accessories for an iPhone. I’m confused. She says “I know you’ve been talking about getting an iPhone, so I wanted to get you some cool gear to go with it”

Inside I felt disappointed, but outwardly to her I said “Ohh thanks so much.” So I’m opening up my iPhoneless accessories, I check them out for a few minutes, a little sad “She didn’t get it, ohh well” and start planning the day when she hands me another box.

This one was heavier, I open it, and it’s my new iPhone!

Speechless and excited to say the least.

Had she just given it to me right out I would have been excited, but putting me through the ringer made my day. Sometimes it’s not what you get but how you get it.

Anyways, fast forward a few years.

I’ve had my iPhone and it starts to act up. I can no longer hear people who call unless my phone is on speaker phone. Annoying, yes, but I’m not a big phone conversationalist anyways so I don’t bother to get a new phone.

Well, a few weeks back, Kim, out of the blue, decides to take me for my upgrade and buys me one of the 3G iPhones. (I know, I’ve got a pretty cool lady)

And so, now for the embarrassing secret part that’s going to make you money . . .

I get my new iPhone and the cool thing about the new version is you can download apps, and games, and stuff . . .

Took me a week to figure out how to do actually do it (even though it’s simple), but I start downloading all sorts of stuff, and of note there’s a game called “iMob” where the aim is to act like a mobster, make money, beat up other mobsters, etc . . .

It’s one of the THE most downloaded games for the iPhone. So I pick up and start playing it and I’m embarrassed to admit, in the last week I’ve probably wasted 10 hours on this addictive sucker, but that’s not all . . .

I look in the games app store and there’s a new game called “Mafia Wars”. Literally the exact same principles and play as the first game iMob. I download that sucker and waste another 10 hours playing that.

I know, I know, an entrepreneur should be making better use of his time, but sometimes you’ve got to goof off, so here’s why this matters to you.

iMob and Mafia Wars are two of THE Most downloaded games on the iPhone.

Essentially all one company did was do the exact same thing as another. They followed a model that worked, got there name out there, were innovative in the least, and now I’m sure, for it, they have a thriving business (hey I’ve wasted 10 hours on it, I’m sure MANY MANY other people have too.)

To create an almost “instantly profitable business” you’ve really got to create your own product. Why?

Instead of justing buying and calling leads (i.e. flushing your money down the toilet) or using someone else’s funded proposal system (building their business and just getting an affiliate commission in the process) you create a product and for every sale you make you make all the money instantly AND you have an asset.

Take a look at these two scenarios:

Scenario 1: Say you’re using someone else’s system and for every 100 leads you spend $100 and generate five sales, even if you’re getting a $20 commission per sale and breaking even, which ain’t bad you’ve still got to wait for them to send you a check before you can use that money again.

Scenario 2: You create your own product, you set the price, say it’s $97, you spend $100 to get 100 leads, even if you only make 3 sales instead of five you’ve now made your money back plus $200 profit, got 3 customers of your own (far superior to having someone buy someone else’s system) and you’ve gotten 100 leads at $2 profit per lead.

Which sounds like a better situation to you?

I’ve told this to several people, to which they always respond “I don’t know what to create a product about” to which I reply create a product based on what your customers want. Look at what others are selling and make your own version of it.

Advantage = speed and no risk. But, some people think they’ve got to be totally unique which is 100% WRONG! (i.e. Mafia Wars vs. iMob)

The Mafia Wars creators didn’t go out and test and test and test until they got a unique game. They just looked at what was getting a lot of market share and created their own version. SMART.

Your customers don’t care about you being unique. They don’t want you or the competitor. They want the information to serve their goals or help solve their problem.

If you’re hungry driving down the highway and you see a burger joint do you care if it’s McDonalds or Burger King? No, if you’re hungry enough you go eat and so do your customers.

Only question is, will you be the one to serve them their meal? Don’t try to be unique. Serve people what they want and you have the makings of an instantly successful business. Here’s your roadmap to doing just that.

To the top,

Daegan
“The King Of Never Calling A Single Lead”

17 Responses to “I’ve Got An Embarrassing Secret To Admit”

  1. David King Says:

    great post and story daegan!
    I actually decided earlier this week that I am going to be creating my own product b/c I want something out there working for me while i’m not!

    thanks again!

    David

  2. Steve Says:

    Good stuff

  3. Eddington Says:

    Man you just don’t stop inspiring. I just feel unstoppable right now. This is a great story, you make it so plain and clear. This year, I am going to make it, you have said this statement before, and you saying again and now the more I see. Since I new you and your system, I have covered a lot of ground that I truly shouldn’t be where I am today.

    But I know you know the road.

    I look forward to the day I will come and meet you in person and a few other guys over there, and that day should be soon. Enough has to be enough!

    Moretime

  4. Eddington Says:

    Hey I didn’t attach my web address.

  5. Karen Says:

    You’ve given me inspiration Daegan. Now that my blog is kicking butt, thanks to 4th Pillar, I’ve been trying to figure out what I’m going to tackle next. I thought about creating my own product but felt like I needed to create something that didn’t have a lot of competition. Not! Now I’m going to go out and do it and not worry about limiting thoughts.

    Loved your story and thanks for the inspiration.
    Karen

  6. Blacc Diamond Says:

    Wow, Good information. I must tell you. I am a thinking woman. I try to read between the lines. Their are so many scam artist out there.I guess you are thinking and what!!!! Make the system work for you. Right!

  7. Suanne Thompson Says:

    Hi Daegan

    Love the story it is a bit like you funny and wise. Yeah right why invent the wheel ,and/or If it aint broken dont fix it.

    keep up the great work

    Suzanne

  8. James Jordan Says:

    This is a great story. My business partner and I are developed our own ebook on how to start generating 100+ per day online. We are in the process of creating twitter product to help people increase their followers as well. I see your point in the story because most of the info products out in the market place are based off of the same principles and are just revised versions of someone elses product. You are a great teacher and I know everyone appreciates the info that you provide.

    God Bless

    James Jordan

  9. Faith Ansah Says:

    Hi Deagan.
    Thanks for sharing , I liked that story. I observed this also from the music star MasterP. All he ever did was repeat what others have done and added his own flair to itand came out on top.
    I know that duplication is key factor in creating success as long as all of the pieces of the puzzle are there.

  10. Jaz lai Says:

    Nice one. Show me your iPhone when we meet up next time.

  11. Ron B Says:

    Great analogy, create what the consumer is hungry for, provide them solutions for what ails them and off to the races you go.

  12. Mr. CG Says:

    “The King of Tobacco Road” comes through again..!!

    I haven’t commented on anything in a while, but this is a topic that I have been running through my head and lo and behold, I come here and it is an awesome post about product creation. Thanks Daegan, as usual you are right on time with this inspirational and informative post. The analogies were on point as well. For anyone thinking about it, create your own product, whether it is an audio, e-book, video course, or physical product(book,DVD,CD). Do it.

    Mr. CG

  13. admin Says:

    Thanks Mr. CG!

    To the top,

    Daegan

  14. Timothy Retic Says:

    Great stroies really but i can’t help but to believe you all are going to need my services to help protect your new found wealth. go on line and sign up for the expanded plan with the home base rider. And thanks again i need that.

  15. rob allan falls Says:

    hi deagan.thanks so much for all your help,and insight on making it all happen on the web.if you may be into comics/graphic novels.please feel free to check out my artsy&very entertaining site&blog page.thanks!

    http://www.cinematiccomics.blogspot.com/

  16. Gregory Says:

    Yo Daegan!

    I am on your Max Leverage program, pretty cool post and awesome program.

    Question though… if no one should use other peoples systems, what is the benefit of using their systems? Or creating your own systems for people to use?

    Or is it only leaders will rise up to create their own systems whereas others must sit and work harder using that person’s system?

    To the top,
    -Gregory

  17. admin Says:

    Good question . . .

    People will always desire systems. If you create one or even a simple product to help others get more leads, recruit more, profit more, you’re bridging the gap for them. Ethically whenever I did a PPS training call I ALWAYS reminded people that I wanted them to learn the ropes with us and then get out there and create their own.

    There will always be a demand for systems so there will always be the opportunity for you to create a profitable business by creating and providing one to the market.

    To the top,

    Daegan

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