Game OVER For SMMA's Making This Mistake | Summary and Q&A

TL;DR

When it comes to client acquisition, the best thing to do is be patient and give your system time to prove itself.

Key Insights

• 👍 Patience and giving a client acquisition system time to prove itself are crucial for success.
• ⌛ Latency, the time delay between input and output, must be considered when analyzing the performance of a system.
• ❓ Regression to the mean highlights the importance of gathering enough data for accurate analysis.
• ❓ Emotional attachment and impatience can hinder the performance of a client acquisition system.
• 😫 Data and averages should be used to make decisions rather than reacting to small data sets.
• 💱 Constantly changing a system can decrease its overall performance.

Transcript

when it comes to acquiring clients for a high ticket coaching business or a marketing agency something that you should always do that's not what everyone thinks and that thing is nothing okay no explain my name is Charlie Morgan Bill and scaled a couple of companies uh marketing agency called it to seven figures and sold it and a coaching business ... Read More

Questions & Answers

Q: Why is it important to give a client acquisition system time to prove itself?

Client acquisition systems require time and latency to work. By allowing the system to run without interference, you can obtain more accurate data and make decisions based on averages.

Q: How does regression to the mean affect client acquisition systems?

Regression to the mean means that small data sets do not accurately represent the average outcome. It is important to gather a sufficient amount of data to measure the success of the system and make informed decisions.

Q: How can emotional attachment to client acquisition affect the system's performance?

When you become emotionally attached to the need for clients, it can interfere with the system's performance. Desperation and impatience can lead to making changes that actually hinder the system's ability to generate results.

Q: What should you do if your client acquisition system is not performing well?

Instead of making constant changes and panicking, it is important to relax and give the system time. Adding emotional pressure to the system will only decrease its chances of success.

Summary & Key Takeaways

• Acquiring clients for a high ticket coaching business or marketing agency requires patience and allowing the system to prove itself.

• Latency, which is the time delay between input and output, is an important concept to understand in building a client acquisition system.

• Regression to the mean, where averages do not establish themselves in small data sets, must be considered when measuring the success of a system.