Humans are approximately twice as motivated by fear as they are by desire, making fear-based motivation significantly more powerful for driving purchasing decisions
Scientific research shows people are willing to do or pay twice as much to get away from something they don't want to have happen versus getting something they do want
The most effective approach is to attract customers by helping them escape their fear first, then once trust is built, introduce positive improvement opportunities
Most money is made selling information products and coaching to help people escape fear and get out of pain, which is where the beginning of relationships are formed
Expert InsightEmpowering▶ 4:20 The human brain operates as three separate systems: the reptilian brain (survival), mammalian brain (emotions), and neocortex (logic), which constantly fight for control and operate with different currencies
Dr. Paul MacLean's triune brain model shows these three brains don't work well together, are always battling, and operate in completely different realms with different languages
Each brain operates in different realms: physical brain wants survival and security, emotional brain seeks happiness and love, logical brain desires understanding and power
Physical brain moves toward achievement and away from death/pain/failure; emotional brain moves toward joy/love and away from fear/anxiety; logical brain moves toward understanding/status/power and away from confusion/overwhelm
TeachingEmpowering▶ 17:17 When people are in pain or high need, they lose higher-level thinking and revert to basic reptilian brain functioning, focusing only on the specific result they believe will solve everything
People get pulled from thinking and emotional brains back to reptilian brain, losing consequential thinking ability and going back to 'get my need met now' mentality
TeachingEmpowering▶ 22:01 The ultimate formula for creating high-value products is to identify pain plus urgency, then determine the specific result the prospect believes will deliver them from that pain
When pain is acute (sudden spike from outside control) and urgent (deadline pressure), prospects will pay 2, 3, 5, or 10 times more for the solution
TeachingEmpowering▶ 19:15 Sell customers what they want (the result they're craving) and deliver what they need by slipping essential information into the solution for their desired outcome
This approach builds relationships by giving the specific result that helps with their pain and pleasure, while including all the additional stuff they actually need
TeachingEmpowering▶ 11:19 Physical pain is the most motivating force, followed by emotional pain, then intellectual pain (confusion, overwhelm, feeling out of control)
Toothache example shows how physical pain dominates all thinking; emotional people will do almost anything to escape emotional pain; intellectual pain includes confusion and lack of control