How to Deliver Value & 10X Your Income | Rory Vaden EP 350

23 Aug 2023 · 6 min

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In short

Podcast Summary: The Daily Motivation - Episode 350

Episode Title: How to Deliver Value & 10X Your Income Host: Lewis Howes Guest: Rory Vaden Episode Release Date: [Insert Date Here]

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Podcast Overview

In this episode of *The Daily Motivation*, Lewis Howes interviews Rory Vaden, who shares insights on delivering exceptional value to enhance personal income. The discussion emphasizes that the income generated is directly proportional to the value one provides in various aspects of life and business.

Key Concepts

The Summit of Greatness

  • Event Announcement: Lewis invites listeners to the Summit of Greatness happening from September 7th to 9th in Columbus, Ohio.
  • Purpose: A transformative weekend aimed at unleashing personal greatness through community connection and learning from inspiring speakers.

Delivering Value

  • Core Idea: The more value you provide, the more you can increase your income.
  • Three E's of Content: The importance of creating content that is:
  • Educational
  • Encouraging
  • Entertaining

Information vs. Application

  • Value Proposition:
  • People generally do not pay for information; they pay for:
  • Organization: Structured information (e.g., courses, books).
  • Application: Services that apply knowledge in practical ways (e.g., coaching, consulting).
  • Strategy for Sharing Knowledge:
  • Teach everything you know in bite-sized pieces, not in a sequential order; let people engage with the content at their own pace.

Marketing and Sales Strategies

  • Unique Brand Positioning:
  • Identify your unique skills and leverage them to create a product or service.
  • Traffic Generation:
  • Understand both online and offline marketing.
  • Use free presentations as a means to showcase expertise and create leads effectively (e.g., free workshops, seminars).

The Law of Reciprocity

  • Effective Promotion Tactics:
  • Similar to sampling food at a food court, offering free valuable content leads to greater interest in paid offerings.
  • This method has been widely utilized by successful figures in personal development and other industries.

Conclusion

The episode wraps up with a strong message about the power of delivering value to others and its impact on personal income growth. Lewis encourages listeners to explore further by subscribing to the podcast and signing up for the Greatness newsletter for additional inspiration and motivation.

Call to Action

  • Listen to the Full Episode: [Link to the Podcast](https://link.chtbl.com/1148-pod)
  • Join the Summit of Greatness: [Get Tickets](https://www.summitofgreatness.com/)
  • Subscribe for More: Follow on Apple Podcasts and Spotify; consider joining Greatness Plus for ad-free content.

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Key Takeaways

  • Value creation is essential for income growth.
  • Organizing and applying knowledge effectively is critical for success.
  • Free samples of expertise can lead to higher conversion rates in sales.
  • Community engagement through events like the Summit of Greatness can enhance personal and professional development.

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For more insights and motivation, stay tuned for the next episode of *The Daily Motivation*!

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Transcript

Automatic transcript. May contain errors.

0:00Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

0:10Calling all conscious achievers who are seeking more community and connection, I've got an invitation for you. Join me at this year's Summit of Greatness this September 7th through 9th in my hometown of Columbus, Ohio, to unleash your true greatness. This is the one time a year that I gather the greatness community together in person for a powerful, transformative weekend. People come from all over the world and you can expect to hear from inspiring speakers like Inky Johnson, Jospree Singh, Vanessa Van Edwards, Jen Sincero, and many more. You'll also be able to dance your heart out to live music, get your body moving with group workouts, and connect with others at our evening socials.

0:53So if you're ready to learn, heal, and grow alongside other incredible individuals in the greatness community, then you can learn more at lewishouse.com slash summit 2023. Make sure to grab your ticket, invite your friends, and I'll see you there.

1:13In a digital world, you provide value, value, value, value, value, value, give out. It's the three E's, right? You're putting out content that is either educational, encouraging, or entertaining. and typically some mix of all three. The digital marketing strategy that we employ and for all of the clients that we work with is teach everything you know for free, one bite at a time, but in all random order, right? So it's not packaged in the right order as you would have in a book or a course or a workshop or an event. Right, you know, we've said this before. People don't pay for information. They pay for organization and application.

1:59Yes. And we have a thing called the services spectrum, which basically says information is down here. It's free. Organization is here in the middle. You can charge a little bit like in a course or a book or like a membership site. The application is up here at the top, which is like a coaching program or consulting, you know, like done for your services application. Information is social media, podcasting, blogs. YouTube, videos. People don't pay for information. But you're just giving them bite-sized chunks of information. You're teaching everything you know, but not all at once in the right sequential order.

2:32People pay for the right order. That's organization. One of the biggest problems with personal brands is that people do the right thing, but in the wrong order. They're launching Facebook ads the first month, and it's like, that's step 76. You're like, you skipped all of this. They don't have a funnel yet, so they're launching it to nothing. Yeah, you're driving it back to nothing. You're spending all this time on social media driving back to nothing. So the first thing is find your uniqueness, figure out what you're good at, then extrapolate that into a product, you know, create your service, your product offer.

3:02You may already have that. And then after that, it's like, OK, how do I drive traffic? And there's two worlds here. When I think of marketing and sales, I think of the online world and the offline world. And we've done both, which is rare. Most of the people have done one or the other, you know, and it's like we I've done the door to door thing. I worked for a startup IT company doing inside corporate B2B phone sales. Then when we started our former company, we did phone sales like B2B for like small businesses. And we did free presentations and we sold. But the fastest mechanism to generating a lead is to do a free presentation demonstrating your value, your expertise.

3:48It's giving people a sample and then offering them the next step. Yes. Here's what it is. It is the food court. When you go to the food court. Want some orange chicken. And the orange chicken on a stick. Man, tastes good. I want the whole thing now. It's a sample. And if you want more, I'm right here. Seize candy gets me every time. Gives you a free piece of candy just going to the store. And you're like, ooh, I want the whole box. Yeah. I mean, it's a free presentation. you could do this through many different mechanisms. It used to be free workshops in person. And by the way, when I say this is what everybody does, this is what Jim Rohn did and Tony Robbins and Brian Tracy and Tom Hopkins and everybody in the personal development industry, they used to go do, this is how we built our former company.

4:35This is what people in real estate industries do. They do it. They teach at a free seminar. Free seminar. A 90-minute live free training. Financial advisors do this. Come to my free dinner presentation on 10 keys to retirement. Why? Because it works. You're giving value and you're leveraging the law of reciprocity.

5:04Thank you so much for listening to today's episode of The Daily Motivation. And I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on the School of Greatness. And if you are loving the daily motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple Podcasts right now. And if you want more exclusive content and ad-free listening experience, make sure to subscribe to our Greatness Plus channel on Apple Podcasts right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the Greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.

5:54Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.

6:10Thank you.

From the publisher

The Summit of Greatness is back! Buy your tickets today – summitofgreatness.com

Rory Vaden delves into the concept of providing exceptional value to others, emphasizing that income growth is often a reflection of the value one brings to the table. He shares insights on cultivating a strong work ethic, constantly improving skills, and consistently going above and beyond in delivering results.

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