Training Session2024-03-04

How to Help More People

Eben Pagan explains why systematic follow-up is crucial for business success, revealing that 90-95% of prospects aren't ready to buy when they first discover you. He teaches how to build follow-up systems that convert prospects who become ready to buy months later.

Key Moments

How to Build Follow-Up Systems for Prospects Not Ready to Buy -- Create systems to convert the 90-95% of prospects who need months before they're ready to purchase

Follow-Up Systems Are Nearly Free on the Internet

The internet makes follow-up systems virtually free to implement, requiring only time and energy investment

3:08

Follow-Up as the Biggest Marketing Mistake

The biggest mistake even experienced marketers make is not following up with prospects who aren't ready to buy immediately

2:51

Most People Aren't Ready to Buy on First Discovery

Most people are not ready to buy when they first realize they have a need - they require systematic follow-up over months

1:10

Prospects' Situations Change — Browsers Become Urgent Buyers

Prospects' situations change over months, transforming them from browsers into urgent buyers who need immediate solutions

Entrepreneurs Must Build Systematic Follow-Up Where Employees Never Needed It

World 1.0 employees didn't need follow-up systems because they had guaranteed roles, but entrepreneurs must build systematic follow-up to succeed

Relevant Clips19

  • How-To

    How to Build Follow-Up Systems for Prospects Not Ready to Buy -- Create systems to convert the 90-95% of prospects who need months before they're ready to purchase

  • Teaching

    Entrepreneurs Must Build Systematic Follow-Up Where Employees Never Needed It

    World 1.0 employees didn't need follow-up systems because they had guaranteed roles, but entrepreneurs must build systematic follow-up to succeed

  • Teaching

    Research Phase: People Consume Free Content Before Buying

    People go through a research and awareness phase before becoming ready to purchase, during which they will engage with free content but not buy

  • Teaching2:51

    Follow-Up as the Biggest Marketing Mistake

    The biggest mistake even experienced marketers make is not following up with prospects who aren't ready to buy immediately

  • Teaching

    Prospects' Situations Change — Browsers Become Urgent Buyers

    Prospects' situations change over months, transforming them from browsers into urgent buyers who need immediate solutions

  • Teaching1:10

    Most People Aren't Ready to Buy on First Discovery

    Most people are not ready to buy when they first realize they have a need - they require systematic follow-up over months

  • Teaching3:08

    Follow-Up Systems Are Nearly Free on the Internet

    The internet makes follow-up systems virtually free to implement, requiring only time and energy investment

  • Answer

    Research Phase Buyers Consume Content Before Committing

    Eben Pagan explains that people in the research phase will watch videos, join email lists, and consume content because they're starting to get interested, but they need time to fully recognize the urgency of their situation.

  • Answer

    90 Percent of Prospects Aren't Ready to Buy Yet

    According to Eben Pagan, 90-95% of prospects aren't ready to buy when they first discover their need. They're in a research phase, consuming content and learning before they're ready to invest in solutions.

  • Answer

    Three Months From Problem Awareness to Purchase Readiness

    Eben Pagan explains that prospects typically need about three months to move from problem awareness to purchase readiness. Their situations evolve, making them urgent buyers when circumstances change.

  • Answer

    Not Following Up Is the Biggest Marketing Mistake

    Eben Pagan identifies not following up as the biggest mistake both new and experienced marketers make. Most fail to stay connected with the 90%+ of prospects who aren't ready to buy immediately.

  • Answer

    Internet Makes Follow-Up Systems Virtually Free to Implement

    Eben Pagan teaches that the internet makes follow-up systems virtually free to implement. The main investment is your time and energy to send videos and email newsletters.

Show 7 more
  • Quotable2:51

    Not Following Up Is the Biggest Sales and Marketing Mistake

    the biggest mistake I would say that new marketers make not even new even experienced marketers the biggest mistake that people make with sales and marketing is not following up

  • Quotable2:02

    In-the-Moment Spending Decisions Keep You Poor

    most 90% plus probably 95% 99% I mean a lot of them 90 plus percent are not ready to buy something right then but they will get on your list

  • Question

    Why Prospects Don't Buy Immediately When They Find Your Business

    Why don't most prospects buy immediately when they find my business?

  • Question0:57

    Why People Engage With Free Content But Don't Buy

    Why do people engage with free content but not buy immediately?

  • Question3:03

    Biggest Follow-Up Mistake Marketers Make

    What's the biggest mistake marketers make with follow-up?

  • Question

    How Long Before Prospects Are Ready to Buy

    How long does it take prospects to become ready to buy?

  • Question

    How Much Does It Cost to Set Up Follow-Up Systems

    How much does it cost to set up follow-up systems?

Entities Touched

Procedural frameworks taught here

Summary

The World 1.0 vs Entrepreneurship Follow-Up Reality

Eben contrasts traditional employment where follow-up systems weren't needed with entrepreneurship where systematic follow-up is essential. He explains why employees could just show up while entrepreneurs must continuously attract and convert prospects.

The 90% Rule: Why Most Prospects Aren't Ready to Buy

The core teaching reveals that 90-95% of prospects who discover your business aren't ready to purchase immediately. They're in a research phase, consuming content and learning before they're willing to invest in solutions.

The Three-Month Transformation Window

Eben illustrates how prospects' situations evolve over months, using the example of someone going from worrying about job security to urgently needing business-building help. This demonstrates why systematic follow-up is crucial for capturing conversions when urgency finally hits.

The Internet Advantage for Follow-Up Systems

The episode concludes with the empowering reality that modern technology makes follow-up systems virtually free to implement. Entrepreneurs only need to invest time and energy in sending videos and newsletters to stay connected with prospects.

How to Help More People
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Counterpoint

Claim:Prospects should buy immediately when they discover they have a need

Reframe: 90-95% of prospects need months of follow-up before they're ready to purchase, even when they recognize their problem

People who realize they're out of shape or having relationship problems will research and consume content for months before hiring a coach

Claim:Follow-up is only necessary for dedicated sales roles

Reframe: Every entrepreneur must build systematic follow-up because they don't have the guaranteed roles that World 1.0 employees had

Traditional employees just showed up to existing jobs, while entrepreneurs must continuously attract and convert new clients