Friday, May 02, 2025
In this episode, Russell Brunson interviews legendary sales expert Myron Golden, who reveals his strategy for crafting high-ticket offers and generating traffic without spending a fortune on ads. Whether you're just starting out or looking to scale to multiple seven figures, this conversation provides the blueprint for success.
The key to increasing your sales online isn't just having a great funnel—it's understanding how to craft irresistible offers that transform your clients' lives. Most entrepreneurs focus too much on the transaction instead of the transformation they provide, which is why they struggle to sell premium-priced offers.
This game-changing episode reveals:
The biggest reason most entrepreneurs struggle with sales isn't their lack of marketing skills or poor funnel design—it's their fundamental approach to solving problems.
"Money is not wealth," Myron explains. "Wealth is your ability to solve problems for somebody other than yourself. If I can solve a problem for somebody other than me, that person will pay me the money they have in their pocket for the solution that I have in my mind."
This mindset shift changes everything:
Most beginners focus on what they need rather than what they can genuinely provide. When you shift your focus to solving significant problems for others, your own financial concerns naturally resolve themselves.
How do you determine the right price for your offer? Myron shares a counterintuitive approach that completely transforms how you think about pricing.
Most entrepreneurs make the mistake of pricing based on:
Myron's approach is fundamentally different. He bases his pricing on the cost of NOT solving the problem:
"Before I ever show them how much my solution costs if they say yes, I show them how much it costs to say no to my solution."
This is his formula for calculating price:
Using this approach, Myron has successfully sold coaching programs ranging from $3,000 for beginners to $350,000 for established businesses. Last month alone, he closed three $1 million deals.
The most profound insight from the conversation is understanding the difference between transaction-focused selling and transformation-focused selling.
"Too many people who are selling things are seeking the transaction," Myron explains. "If they obsess over the transformation of their potential client more than they obsess over the transaction, that's when the game changes."
Here's how to apply this principle:
Myron shares a powerful example with Annie Grace, who teaches people how to get control over alcohol. Initially, she was hesitant to charge for her program, but Myron helped her see the true cost of alcohol addiction:
"Has anybody ever gotten divorced because they couldn't get control over their alcohol? How much do divorces cost? Have any children been affected? What would it be worth to prevent these consequences?"
After this reframing, Annie confidently charged $6,000 for her program and generated $264,000 in her first event—with participants thanking her in tears for creating the solution.
One of the most valuable sections for beginners is Myron's approach to getting those crucial first clients when you have no audience, list, or following.
"Somebody has your audience," Myron explains. "You don't need an audience. You need access to someone who has an audience."
Here's his proven approach that generated $6,700 in his first month as an unknown entrepreneur:
Russell shares a powerful modern application of this strategy: "If I was going to relaunch my business today, I would go to the top 100 business podcasts, message everyone and say, 'Hey, my name is Russell Brunson. I'm the best on the planet at doing funnels. I'd love to come do a free training on your podcast.' If I message the top 200 people in iTunes and get 10 to say yes, that's a million-dollar business right there."
Myron challenges conventional wisdom about "get rich quick" schemes versus the supposedly virtuous path of getting rich slowly.
"Either get rich quick or you'll stay broke for the rest of your life," he asserts. "It's not the amount of money that makes you rich or poor, it's how fast or slow you make it."
His point is profound: If you make $25,000 per year for 40 years, you've made $1 million—but you're not rich. Make that same million in one year, and you are rich. The key is compressing the timeline through high-leverage problem-solving.
This doesn't mean cutting corners or being unethical. It means:
For those who believe they lack the necessary resources to succeed, Myron and Russell share a transformative perspective: resourcefulness is infinitely more valuable than resources.
Russell shares the Kenneth Cole story of launching a shoe line without the resources to get a booth at a major trade show. Instead of giving up, Cole:
This principle applies directly to marketing. You don't need a big ad budget or a massive following. You need the creativity to leverage what you have and the resourcefulness to find solutions where others see only obstacles.
Whether you're just starting out or looking to scale your existing business, here's a step-by-step action plan:
Ready to implement Myron Golden's value-based pricing formula and craft irresistible offers? Check out these essential resources:
Join Russell's 3-day virtual event where you'll learn the exact framework for "one-to-many" selling that can help you sell anything to anyone online - even if you're an introvert with zero followers!
The #1 funnel builder on the planet that helps you convert your online visitors into paying customers - with the easiest to use, fastest, and most optimized platform for turning clicks into cash!
Don't miss future episodes of The Russell Brunson Show where Russell shares his cutting-edge strategies for building and scaling businesses. Each episode delivers actionable insights from his experience building multiple 8-figure companies and coaching thousands of entrepreneurs.
If you can solve a problem that's costing someone significantly more than what you charge, your expertise is valuable enough. Focus on the transformation you provide, not just the information you share.
Start with a smaller group of clients at a lower price point, deliver exceptional results, document those results, and then scale your pricing as you build proof. Myron's first offer was just $3,000, which later evolved into programs costing hundreds of thousands.
Use platforms like iTunes, YouTube, or Instagram to identify the top content creators in your niche. Study their content, engage genuinely, and then reach out with a specific value proposition. Remember, you're offering them value for their audience—not asking for a favor.
Leverage other people's audiences through podcast interviews, guest teaching opportunities, and collaborative content. One appearance on a relevant podcast can generate more qualified leads than thousands of dollars in advertising.
If your solution genuinely saves or makes your client more than you charge, it's not only ethical—it's your responsibility. As Myron explains, if you're truly the best solution for their problem, charging less actually does them a disservice by making your offer appear less valuable than alternatives.
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