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How does societal conditioning affect our financial goals?
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It programs us with limiting beliefs about work and money.
Discuss an approach to clarify the cost of saying no over saying yes to potential customers.
Use a cost-benefit approach to show the higher value and urgency of the product.
Why should concerns about the how-to knowledge not deter progress?
Lack of how-to knowledge should not deter progress.
What does the text suggest we stop doing before attempting tasks?
Stop assigning levels of difficulty to tasks.
How can you frame the value of higher-priced items to make them easier to sell?
Reframe customer decisions in terms of value and urgency.
Why is making a million dollars considered no harder than making smaller amounts?
Because the belief that large sums are harder to make holds us back.
What type of products allow for scalable income?
Products or productized services.
What is the foundational element in making a million dollars according to the text?
Mindset and beliefs.
What is the first step noted in the process of making a million dollars?
Decide to make a million dollars.
What incremental step should you take when creating a book for income?
Write the book first before worrying about selling 50,000 copies.
Give an example of a sales formula to earn a million dollars.
$20 profit per item, sell 50,000 items.
What should you disconnect to increase your earning potential?
Disconnect revenue from time.
What simple math skills are considered enough for calculating revenue targets?
Fifth-grade math skills.
What should be the focus when delivering value to customers?
Focus on solving the target customer’s problem.
How should pricing be structured for scalable products?
Shift content into higher price items such as audio programs, courses, and VIP days.
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