š° Generate an Extra $10K, EMFs, and Shackleton's Resolve
The TRY HARDER Newsletter by Jerred Moon: Edition 018
The TRY HARDER Newsletter by Jerred Moon: Edition 018
Hey Risers,
First, thank you for all the responses last week! If you missed it, I asked if youād be interested in a platform and community for Performance Professionals, whether youāre a start-up or in full-scale mode.
The overwhelming responseā¦YES! šš»šš»šš»šš»
All systems are now a āGO!ā over here and more details to follow with a beta launch starting mid to late SEPT!
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Today, itās EDITION 018 of the TRY HARDER Newsletter.
I dive into Reverse Engineering an extra $10K in your business, I share some thoughts on EMF exposure, and then we talk about a dude trying to cross Antartica.
Save it for later. Read it now. But donāt ignore this one!!
And if you like it, share it with a friend šš».
Enjoy!
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In this Edition:
Building the Business
An Extra $10K? The Math
Building the Human
EMFsā¦
Try Harder
Shackleton PRs āTry Harderā
Building the Business:
Reverse Engineering 101 š
In Edition 014, I hit on āHow to Reverse Engineer Successā and it sparked some good conversations. But my takeaway is that I was too vague. So, today, letās dive deeper into the specifics of Reverse Engineering 101.
I truly believe mastering this skill is one of the greatest assets you can have as an entrepreneur. Itās not the math that you are mastering (thatās the easy part). You master knowing what inputs (actions) get you the desired output (results). āļø
Letās get an example goingā¦
You want to add $10,000 to your business next month.
For simplicity, letās say your average customer is worth $1,000.
That means you need 10 new customers next month to add $10K to your business. š
Say, when you have a sales conversation, you typically get 50% of them to say āyes.ā
That means you need to have 20 new sales conversations.
To get 20 new sales conversations, you need leads. Donāt overcomplicate this. A lead is someone you can contact. Thatās it. Itās someone who willingly gave you their contact information.
Now, what if you can get 20% of your new leads to have a sales conversation with you?
Well, then, you will need 100 new leads to reach your goal of 20 new sales conversations.
Going EVEN FURTHERā¦
You run a good business, so you can typically expect 30 new leads from referrals, word of mouth, organic sources, etc.
Next, Iāll ask how much of your time can you spend to acquire new leads? Letās say you are a guest on a podcast or two, or, if you own a brick and mortar business, you run a workshop or two.
All said and done, these things take 4 hours of your time and get you 20 new leads. This is new math most donāt do but those leads cost you about 12 min per lead. Iāll come back to this.
Between the 30 organic leads and the 20 leads with your time, youāre at 50 and you need 50 more. Youāll use digital advertising for the rest. Each lead costs you $50 and you got 50 leads, so thatās $2,500.
Back to your time⦠Whatās your time worth? What if your time is worth $200/hr? You spent 4 hours generating 20 leads, thatās a cost of $800 or $40 per lead.
Now, you have 100 leads. It cost $2,500 in digital advertising and $800 in time. Thatās a cost of $3,300 to make $10,000. Or 203% ROIā¦try finding an investment like that ANYWHERE else.
Get it? This is all still 101 stuff. š¤
Hereās a glimpse of scaling 301:
What if I want $100,000 next month?? Now, we are talking!
Thatās where skill comes in. We could sit here and pretend that to make an additional $100K next month, we just need 1,000 leads, etc.
But you and I both know things start to break when you increase your volume that much.
- You wonāt be able to fulfill
- You donāt have the time to get the leads
- You donāt have the money to buy the leads
- You canāt have that many sales conversations
EVERY SINGLE ONE OF THOSE PROBLEMS ARE SOLVED THE SAME WAY⦠PEOPLE!!
Now, your reverse engineering math splinters into non-mathematical problems. Where can I hire? Who do I hire? How can I be a good leader? At what point do I send others to do marketing in my place?
And thatās where business gets complicated and fun, but thatās getting to the 301 level. We can get even further in the weeds just with math. But Iāll save that for my 201 lesson.
Building the Human:
EMFs: Real Danger āļø or Just Woo-Woo? š±
Letās talk about EMFs (Electromagnetic Fields), those invisible waves powering everything from your Wi-Fi to your microwave. Some people swear theyāre the silent killers of the modern age, while others roll their eyes and call it all woo-woo nonsense. So, where do we stand?
The Scary Side š«£
Thereās research claiming EMFs are harmful. Studies have linked prolonged EMF exposure to headaches, fatigue, and more serious conditions like cancer and infertility. The World Health Organization (WHO) even classified EMFs as āpossibly carcinogenic.ā Theyāre careful with their words, but the implication is clear, thereās enough concern to warrant further investigation. If youāre cautious, this might sound like a good reason to start wrapping your head in tin foil.
The Chill Side š„¶
On the flip side, thereās also a mountain of research indicating that EMFs are, well, probably fine. Most studies showing harm involved extreme exposure levels or were performed on rats. And unless youāre a rat living inside a cell tower, youāre likely in the clear. Major health organizations, including the American Cancer Society, argue that everyday EMF exposure is too low to cause significant health risks. Weāve been living with EMFs for decades, and the world hasnāt exactly ended.
Hereās What I Do š²
So, where do I stand? Somewhere in the middle. Iām not running for the hills, but Iām also not blindly trusting science that could change in a decade.
Hereās what I do to minimize EMF exposure without going full-on conspiracy theorist:
- š©ļø Airplane Mode Every Night: My cell phone goes on airplane mode every night. Yeah, Iām impossible to reach unless you show up at my front door, which I wouldnāt suggest in the middle of the night.
- š§ Wired Headphones Only: I pretty much only use wired headphones. No Bluetooth buzzing in my brain all day long.
- š” Wi-Fi Auto Shutoff: My Wi-Fi auto shuts off with an outlet timer at night. This might reduce EMF exposure, but more importantly, itās a good habit as my kids get older. No midnight internet binges in this house.
If EMFs turn out to be no big deal, cool, these steps caused me almost no inconvenience. But if they do become a problem, well, Iāve reduced my exposure.
The Verdict
So, am I telling you to panic and throw out your electronics? Not exactly. I realize that being concerned about EMFs might sound a little woo-woo to most of you. But hereās the deal: whether you think EMFs are a legitimate threat or just another conspiracy theory, the truth probably lies somewhere in the middle. As always, try harder to make informed decisions. Maybe donāt sleep with your phone under your pillow, but you donāt need to move to a cave in the mountains either. Balance, people.
Try Harder:
The Relentless Spirit of Shackleton: When Quitting Isnāt an Option ā
Letās talk about a guy who didnāt just ātry harderā, he redefined what it means to push the limits.
Sir Ernest Shackleton, the Antarctic explorer, is the embodiment of relentless determination. If you think your challenges are tough, just wait until you hear what this guy faced.
In 1914, Shackleton set out to be the first to cross Antarctica by land. Spoiler alert: he didnāt get across.
But what he did accomplish is far more impressive. His ship, Endurance, got trapped in ice and was eventually crushed, leaving him and his crew stranded in one of the most inhospitable places on Earth. No radio, no GPS, and certainly no one coming to the rescue.
So what did Shackleton do? He didnāt curl up in a corner and wait to die. He kept his crew alive on floating ice for months, making the best out of a freezing, desperate situation. And when the ice started breaking up, he didnāt panic, he led his men in lifeboats across the brutal Southern Ocean to Elephant Island. But even that wasnāt enough for Shackleton. Knowing they were still screwed if they stayed put, he took a handful of men on an 800-mile journey across some of the most dangerous seas on the planet, in a glorified rowboat, no less.
And hereās the kicker: they made it. Shackleton crossed mountainous terrain without maps, on no sleep, to reach help, and then went back for every single one of his men. Not a soul was lost.
Shackleton didnāt just ātry harderā, he refused to accept failure, no matter how bleak things looked. If youāre ever tempted to throw in the towel because somethingās ātoo hard,ā remember Shackleton. The guy turned an absolute disaster into one of historyās greatest survival stories by sheer force of will. So, whatās your excuse?
Try harder,
JM