Base your product entirely on your customer's needs, not your expertise or knowledge you think deserves payment
Eben explicitly warns against the 'expert mindset of I deserve to get paid for my knowledge' and emphasizes repeatedly asking customers about their fears, frustrations, wants, aspirations, and secret dreams
Transform your offering from a product or service into a proven system or method that delivers specific results
Eben states that 'most experts who write books or offer seminars teach general bland material that has no impact' and emphasizes using the words 'proven system' when creating products
If you need to talk your prospect into buying the product, it's not a good product - they should want to buy it immediately upon hearing about it
Eben states this principle twice for emphasis and explains that good products telegraph their benefit immediately, causing prospects to ask 'how can I get that?'
Structure your information product with 10 chapters focused on the strongest emotionally driven needs, organized in logical learning order with highest impact ideas first
Eben provides specific framework: 10 bullet points for chapters based on top emotionally driven needs, then 7-10 bullet points per chapter for specific insights and action steps, using the analogy that hit records put the best song first like Britney Spears albums
Prioritize new concepts and ideas your customers haven't heard before over familiar material to be perceived as more valuable and authoritative
Eben explains that 'new or not yet known is perceived as more valuable than something I've heard before' and that people will dismiss you if they think they've already heard your content, connecting this to why news is called 'news' - the first three letters spell 'new'
TeachingEmpowering▶ 10:30 Mix what customers want to know with what they need to know by wrapping necessary information inside compelling, new frameworks
Eben describes the specific technique of starting with what customers want, then integrating what they need 'wrapped up inside of something that's very yummy to their learning system' using new reframes and connecting back to desired outcomes
TeachingEmpowering▶ 12:55 Schedule a live training event to force completion of your information product by a specific deadline
Eben reveals this as one of his 'secrets of success creating lots of information products' and explains that 'the large majority of my successful programs were created as part of live events' - he created his first successful audio program by scheduling four free teleclasses for a few dozen people
TeachingEmpowering▶ 13:32 Use the 'throw your hat over the fence' principle - commit publicly to a live training before your content is ready to activate urgency and focus
Eben explains the fence-climbing analogy and describes how scheduling a live event 'activates a different part of your mind' and 'gets your priorities straight' because you realize '30 people are gonna show up, and they're gonna expect me to teach them'
TeachingEmpowering▶ 16:20 Your first product will have flaws and embarrassing elements, but speed of implementation beats perfection for building a successful product business
Eben shares his personal story of his first seminar with 23 people, using borrowed video equipment with an inexperienced cameraman, creating a 'kinda ugly' product that 'was not done that well' but went on to sell 'millions of dollars worth'