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Jay Abraham

๐Ÿ‘ค Person
255 total appearances

Appearances Over Time

Podcast Appearances

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

You can have a preemptive advantage. That's better. You can have a monopolistic advantage. But if you get a game-changing exponential advantage instead of having a niche or a limited value, you own and control the whole market. So I think everything I do is about leveraging everything. We introduced...

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

what's called revenue system optimization many, many decades ago, and it basically says you look at your revenue system, which most people don't. Most people have three or four KPIs that they assess, and that's fine, but there are probably โ€“ three to five or 10 times as many OPIs, overlooked performance indicators that are the interconnections that can be identified and enhanced.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

what's called revenue system optimization many, many decades ago, and it basically says you look at your revenue system, which most people don't. Most people have three or four KPIs that they assess, and that's fine, but there are probably โ€“ three to five or 10 times as many OPIs, overlooked performance indicators that are the interconnections that can be identified and enhanced.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

what's called revenue system optimization many, many decades ago, and it basically says you look at your revenue system, which most people don't. Most people have three or four KPIs that they assess, and that's fine, but there are probably โ€“ three to five or 10 times as many OPIs, overlooked performance indicators that are the interconnections that can be identified and enhanced.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Starts with who you're targeting, how you're trying to reach them, what your proposition is, what you're trying to get them to do to start the relationship, what you do at the point of impact, what you do in the follow-up, and all kinds of variabilities. I also am a monster of what's called sunk relationships. cost reclamation. That means, and I'll give you a great example.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Starts with who you're targeting, how you're trying to reach them, what your proposition is, what you're trying to get them to do to start the relationship, what you do at the point of impact, what you do in the follow-up, and all kinds of variabilities. I also am a monster of what's called sunk relationships. cost reclamation. That means, and I'll give you a great example.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Starts with who you're targeting, how you're trying to reach them, what your proposition is, what you're trying to get them to do to start the relationship, what you do at the point of impact, what you do in the follow-up, and all kinds of variabilities. I also am a monster of what's called sunk relationships. cost reclamation. That means, and I'll give you a great example.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

I have a big funnel building client, which is ironic in India, and I'm not a digital marketer at all. And they're really proud of the fact that they're doing a certain amount of millions of dollars. But when you get into the data, they're converting 1%. They're expensive enough that the 1% is good. And I said, you're spending what's called a million dollars. You're wasting $999,000 to make money.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

I have a big funnel building client, which is ironic in India, and I'm not a digital marketer at all. And they're really proud of the fact that they're doing a certain amount of millions of dollars. But when you get into the data, they're converting 1%. They're expensive enough that the 1% is good. And I said, you're spending what's called a million dollars. You're wasting $999,000 to make money.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

I have a big funnel building client, which is ironic in India, and I'm not a digital marketer at all. And they're really proud of the fact that they're doing a certain amount of millions of dollars. But when you get into the data, they're converting 1%. They're expensive enough that the 1% is good. And I said, you're spending what's called a million dollars. You're wasting $999,000 to make money.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Why don't you find better ways to optimize that sunk cost? There's sunk cost in leads that don't convert. There's sunk cost in people that buy one time and don't buy everything. There's some cost in people who buy everything and you have nothing else to sell. There's some cost in distribution channels you only use for one thing. There's some cost in variability that you have with salespeople.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Why don't you find better ways to optimize that sunk cost? There's sunk cost in leads that don't convert. There's sunk cost in people that buy one time and don't buy everything. There's some cost in people who buy everything and you have nothing else to sell. There's some cost in distribution channels you only use for one thing. There's some cost in variability that you have with salespeople.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Why don't you find better ways to optimize that sunk cost? There's sunk cost in leads that don't convert. There's sunk cost in people that buy one time and don't buy everything. There's some cost in people who buy everything and you have nothing else to sell. There's some cost in distribution channels you only use for one thing. There's some cost in variability that you have with salespeople.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Some do well, some do okay, some don't, and figuring out how to improve all of them. And I'm a fanatic about things that are so powerful, but so almost forest for the trees.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Some do well, some do okay, some don't, and figuring out how to improve all of them. And I'm a fanatic about things that are so powerful, but so almost forest for the trees.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Some do well, some do okay, some don't, and figuring out how to improve all of them. And I'm a fanatic about things that are so powerful, but so almost forest for the trees.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Yeah, I mean, there's a very interesting concept. I've got a lot of very sophisticated stuff that I teach in the rare occasions that I do a keynote. And one of them we did a couple of months ago was called Multiplying Your Multiple. It was a thesis for people who, most people don't understand, a lot of the small entrepreneurs are playing a lifestyle game. And there's nothing wrong with that.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Yeah, I mean, there's a very interesting concept. I've got a lot of very sophisticated stuff that I teach in the rare occasions that I do a keynote. And one of them we did a couple of months ago was called Multiplying Your Multiple. It was a thesis for people who, most people don't understand, a lot of the small entrepreneurs are playing a lifestyle game. And there's nothing wrong with that.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

Yeah, I mean, there's a very interesting concept. I've got a lot of very sophisticated stuff that I teach in the rare occasions that I do a keynote. And one of them we did a couple of months ago was called Multiplying Your Multiple. It was a thesis for people who, most people don't understand, a lot of the small entrepreneurs are playing a lifestyle game. And there's nothing wrong with that.

Living The Red Life
Jay Abraham Reveals His Top 3 Business Strategies for Massive Success

And it's admirable because they can make a very nice living But the same effort with a different mindset could be creating an asset that is worth multiples upon multiples of what you're making today. And we created a thesis that explained that most people, if they have a sellable asset, this is a little esoteric, but it's sort of fascinating.