[TRANSCRIPT] 0:00:03 - (Jared Erni): This is the four Impact podcast, the destination for impact driven entrepreneurs striving to live life on their terms and create a ripple effect of positive impact in the communities they serve. Where we put your success stories center stage, dissecting the lessons learned and sharing insights and ideas that'll help you amplify your impact. And now, here's your host, Jared Ernie. 0:00:39 - (B): I'm going to share a little bit of a story as we're waiting for people to join us. Let me just make sure I got my list up. Hey, Peter. Good to see you. All right, so the reason I'm going to share this story is because I actually shared it the other night, and it just reminded me how powerful this is at a marketing example or in the prism of how we view our marketing. But last winter, well, actually, it wasn't last winter. It feels like last winter. It was the winter before that. 0:01:09 - (B): I went ice fishing with my brother, and my brother lives in Utah. And so he took us into the mountains, into this kind of really remote type of lake, deep into the mountains. And when we connect, we got there, we saw, actually, there was quite a few ice fishermen out on the lake. Anyone been ice fishing? I don't know if that's something that we got people all over. So any of you guys been ice fishing before? 0:01:40 - (B): So what you do is you go out onto the ice, you got to make sure that it's a certain thickness in order for you to go out onto the ice. We walked out onto the lake. We saw that there's a group of fishermen out there that were, sorry, hear a little feedback noise here. There we go. There's a group of fishermen already out there and quite a large group, but, and this lake was really popular for ice fishing. We went out there and then realized there was all, there were all these fishermen out there. But my brother had also brought his trailer with two snowmobiles and some shit sleds and a big tent and all of this stuff in gear. So what we did is we actually snowmobiled about a mile down the lake and then out into more of a remote area, and then snowmobiled out onto the lake, set up the tent, dug or carved our holes into the ice and started fishing. 0:02:34 - (B): That trip, we pulled out nearly 30 huge rainbow trout. I think they were rainbow trout that we were catching. We pulled out a massive amount of fish from this trip, and we stacked them up. We had this big picture of them. It was really, really kind of cool. In fact, I'm not sure if I could find it. Real quick while I want to share it with you because it goes along with the story. And then I'm going to illustrate why I'm sharing this with you. Here, let me see if I can find it. 0:03:10 - (B): Okay. Check this out. So I think I can share my screen here with you guys. All right. You see that, that picture there? That's. You can tell that's me and my family, my two older kids, two younger kids, me and my wife, Stephanie. And look at all those fish. It was crazy. The reason that we caught all this fish didn't have to do a lot with, like, we knew how to fish better than these other fishermen or that we were like, you know, you know, doing something different. 0:03:43 - (B): But when these fishermen saw what we're doing, because they come out to the parking lot and cross us and be like, wow, how are you guys getting all of those fish? Because we're. It's dead for us today. And. And, you know, it wasn't a trick that we had. The reason we caught more fish is because we went, we separated ourselves from all the group of fishermen. And when you think about that, this, this is kind of like the same thing with marketing. If you've ever heard of the analogy of the red ocean and blue ocean. 0:04:14 - (B): Red ocean is where everyone is competing to, against each other. There's blood in the water. They're fighting, and it's hard to win in that kind of environment. Well, if you can find a way to separate yourself so that you aren't. Let me see here real quick. I'm going to mute some microphones so we don't have all the background noise. If you can find a way to separate yourself, you move yourself more into what's called a blue ocean, you have far less competition, and in that way, you're able to win much easier. 0:04:46 - (B): See, in a red ocean, you have to be excellent. Excellent. All right, let's see. Okay. I muted it. In a red ocean, you have to be really excellent with your marketing to win in a blue ocean, you can be good and really accelerate because you can. You can get to the top so much easier. I hope that makes sense. But one of the ways that you can separate yourself from your competition, and I. I don't know if any of you have heard of this book, hundred million dollar offers by Alex Hermosi. 0:05:18 - (B): This is an amazing, amazing book. And if you don't do anything for your business, except get really good at turning everything you do into an incredible offer, that'll do more for your business than anything else you can do. If you don't have a great offer, or if you have a mediocre offer, you have to be excellent, extraordinary with your marketing to win. But if you have a really great offer, something that you've worked on that's dialed it in to the right client that would, they would feel stupid to say no to. If you've got an irresistible offer, a truly irresistible offer, you only have to be average with your marketing to win. 0:06:01 - (B): And that's, that's wonderful to know because most of the people here in this group don't want to be marketing experts necessarily. They're just kind of like forced to have to do that part to their business that to do the thing they really love. Right? So that's the good news for you. But the key here is getting really good with your offer to do it. So just to illustrate, one of the components here that you'll, if you ever do, by the way, if you're interested in learning a little bit more about offers, I highly recommend this book. So don't forget Alex Ramosi 100 million dollar offers. 0:06:36 - (B): But this was a concept that Alex learned from Dan Kennedy, who I also highly recommend as his books as well. But it's called it's how you niche down and why there's so much power in creating a niche with your mark, your service. A lot of business owners will feel like if I could just market to everyone that like, because anyone can use what I do. But that's going to be more and more difficult today because you're putting yourself in that red ocean category instead. If you can identify yourself as specializing into more of a niche, you're going to create more perceived value in what you do. And to illustrate this, if you were to create a time management course, let's call it a course or a book where, right, you could sell that for, let's say dollar 19. 0:07:25 - (B): But if you turn that same product into time management for sales professionals, just by specializing in that, you can increase the price of it to say $100 or $99, but you can go deeper with it. Turn that same product into a time management course for outbound b two b cells. And this could be a product that sells for around dollar 500, same exact course. It's just by niching down and being more specialized in a specific area, you're creating way more perceived value in how you do it. Now, what if you took the same program you made it time management for outdoor b, two b power tools and gardening cells reps. 0:08:09 - (B): Now that looks like a $2,000 course. So that's the power of niching down. And one way, not. There's a lot of ways to do it, but one way where you can take what you do and separate yourself from the crowd. Right? Move out of that red ocean analogy like we did when we were ice fishing. We moved away from the crowd and find yourself specialized in a different space and allow you to win. Not just winning more deals, but also allow you to charge what you're worth, allowing you to serve your clients at a higher level and grow a much healthier business. 0:08:45 - (B): So just a food for thought today. As we dive into Q and A's, I wanted to share that something that was on my mind. I'd love to open this up to Q and a for the group. What's going on, and how can I help you? So if you just want to take a minute to raise your hand, we'll just go through the hand raises and unmute your mics, and we'll talk and see how we can best serve you today. Gary, good to see you on here. I'll connect with you here a little bit later, too. 0:09:17 - (B): Let's see. So we've got junior. We've got maybe May van Voorhin. I'm curious, May, is that a dutch name? 0:09:29 - (C): It is. 0:09:31 - (B): Do you speak Dutch? Are you. 0:09:32 - (C): Oh, no, I'm married into that name. You kidding? 0:09:36 - (B): Oh, gotcha. Okay. I had to ask because I used to live in the Netherlands, and so I kind of read it differently, but, like, van Fooren would be more. I speak Dutch, actually, which is kind of weird. 0:09:49 - (C): That is really weird. 0:09:50 - (B): Yeah, I know. Not a lot. Not a lot of people do, but. All right, we got a question from junior. Junior, let me see if we can unmute your mic. How can I help you? 0:10:00 - (D): Yeah, so I have a question. I'm looking to get a virtual office. And, you know, in the virtual office listing, it says, you know, hey, we don't guarantee that you'll be able to get found on Google Business profile. It says right in there. That. That remark yet? It's a, you know, pretty well known virtual office where they actually have offices that you can meet in and conference rooms and mail forwarding all the rest of it. And it's really inexpensive per month compared to what I've looked at from other places. 0:10:37 - (D): And it's a real prestigious address. So it's right on North Michigan Avenue in Chicago. And it's like $50 a month for a virtual office. And, you know, you get people see that address, and they're like, wow, you know, this person must be reputa