the podcast recap episode with aj & rory vaden

Ep 103: One Core Message with Dan Miller | Recap Episode

It’s easy to succumb to shiny object syndrome, especially when that trendy new thing promises to triple your revenue stream. In this recap episode, we share our top takeaways from our conversation with Dan Miller, whose mega-successful business model is based on consistency and not chasing quick cash injections. Host AJ shares our first highlight about creating products and content around the problems that your audience approaches you with. Reflecting on a key theme, we talk about how Dan resists the temptation to dive into every new thing and instead focus on building a consistent audience. We then discuss Dan’s business model and how his coaching formed the foundation for his content. Following this, we unpack why Dan doesn’t expect to make income from his books and how he sees his books as pillar content that he builds ancillary income streams around. While many of us feel the pressure to be successful and end up living to work, we round up our conversation by chatting about how Dan works to live. Tune for more as we recap Dan’s many insights.

Listen to this episode below:

Key takeaways from this episode:

  • Making products and content based on problems that people ask you about.
  • Resisting the temptation to follow trends — it could derail your revenue stream.
  • How many brands emphasize their high revenue without including refunds and fees.
  • Playing the long-game versus making one-time pushes for immediate cash injections.
  • How Dan grew his coaching business into a massive and profitable enterprise.
  • Why Dan doesn’t expect to make money from his books and their role as pillar content.
  • Building your work around your life, and not the other way around.
  • The power of consistency and doing the right thing.

Tweetable Moments:

“If you need content or product ideas, or if you need copy for your sales page, send a survey to your audience asking what they’re struggling with.” — @roryvaden [0:03:21]

“Dan Miller has one of the biggest businesses of any guest on the podcast. His example speaks to the power of consistency.” — @roryvaden [0:10:50]

“There are a million different ways to build your personal brand. And Dan Miller gives an incredible perspective on playing the long-game.” — @aj_vaden [0:10:50]

About Dan Miller

Dan is the author of the New York Times best-selling 48 Days To The Work You Love, No More Dreaded Mondays and Wisdom meets Passion. He has been a guest on CBS’ ‘The Early Show,’ MSNBC’s ‘Hardball with Chris Mathews, and the Dave Ramsey Show. Dan has spoken at the White House Christian Fellowship, and is in high demand as an expert on new opportunities in today’s changing workplace.  His 48 Days Podcast consistently ranks in the top 3 under Careers on iTunes, and the 48DaysEagles.com community is viewed as an example around the world for those seeking to find – or create – work they love.  Dan has been married to Joanne for over 52 years.  They have three grown children (who all host podcasts) and seventeen grandchildren and live on 9 beautiful acres in rural Franklin Tennessee. 

Links Mentioned:

  • Dan Miller — https://www.48days.com
  • 48 Days Bonus Link — https://www.48days.com/rory/
  • 48 Days Podcast — https://www.48days.com/listen/
  • 48 Days to the Work You Love: Preparing for the New Normal — https://amzn.to/3icw2pk
  • No More Dreaded Mondays: Fire Yourself — And Other Revolutionary Ways to Discover Your True Calling at Work — https://amzn.to/328y5oL
  • Brand Builders Group Consultation Call — freecall.brandbuildersgroup.com
  • Take The Stairs — https://amzn.to/2ZAJNUS

RV: (00:00) Hey, welcome to this special recap edition of the influential personal brand. We’re breaking down the interview today with our longtime friend, Dan Miller, who I absolutely just love. I just love his energy, him and Joanne are awesome. And we met them on a cruise a few years ago and I’ve just been, been friends. So we got your top three takeaways from AJ and from me. So, get us going. AJV: (00:32) Yeah, I think the first thing he said this like really close to the beginning of the interview and I loved it. And he said if somebody or three different people ask me the same question more than three times, I’ll just make a product for it. I think the whole concept of what should I make a product about or where do I find content is really simply answered when you just figure out what do people already come to you for? And so instead of repeating the exact same thing over and over and over again, why not turn it into a product, a course or a video series or a book or a coaching program or certification or all the things that he has done and is doing really, he said most of that comes from just, you know, if I get asked the same question more than three times, then I really consider turning that into a product. RV: (01:24) Yep. I love that. I was one of my takeaways too, is just, you know, the power of listening to your audience. And I think one of the, one of the techniques or strategies that you can use is to ask your audience. So in his case, he’s just listening. But the other thing you can do, like if you need content ideas or you need product ideas, or if you need copy for like your sales page, send a survey to your audience, ask them some questions about what they want and what they’re struggling with, and then take their words that they write back to you and use some of their language in CRE in actually marketing what you’re doing and create a product for them. So that was one of my takeaways too. I just love that. It’s such a simple, a simple, practical, actionable thing that any of us can do, you know, right away. So that was good. So what was your second one AJV: (02:17) Second one was this concept of not doing the new and trendy thing that everyone is doing. And he said, I’ll try to recap it here. He said, but I, I resist the temptation to do every single new and trendy thing that is out there. And he talked about, he said, could I be missing out on lots of money? Maybe do I care? Not really. And I think that’s really just really powerful. It’s like, if what you’re doing is working, why would you derail? What’s working to do just what everyone else is doing. That’s new and trendy. And one of the things that I thought was really insightful and something that you don’t hear a lot about, he said, now I’m not saying anything is wrong with funnels or webinars or with anything he said, but you hear all these people all over social media promoting, I made six figures, seven figures in this launch. AJV: (03:10) He said, what you don’t hear about is how much money they had to give back and refunds. And I thought that was really interesting because you hear a ton of people. You see a ton of ads. It’s like how I made six figures in this funnel, or there’s this one out. And I don’t, I won’t say what it’s called, but it’s how do you have a seven figure funnel? And then he talks about how he came up with this whole thing. And yeah, probably you could do that. I’m sure people are doing that all the time every day. And Dan said, but what you don’t hear about is how much of that they’re actually giving back in refunds because a buyer’s remorse or they didn’t get what they thought it was, or it was a little bit misleading or a little bit of a bait and switch. And I’m not saying everyone is but I do think there’s some accuracy in the fact that you hear a lot of the revenue promoted and that a lot of the backend of what was it even profitable and how much did you actually give back and refunds? And I thought that was just very insightful. RV: (04:09) Yeah. I mean, you got the refunds, you also have affiliate fees and, you know, Facebook ads and paying your graphic designer. And, you know, at the end of the day, it’s like, how, how much do you really keep in? Which is but I think his thing into your point is more about the reputation and like the, AJV: (04:26) Oh yeah, no, I love when he said, he said it, he said, I’m way more about building a consistent audience than having huge infusions of cash said, I’m way more about the consistency time, over time, over time, that will last me 20 years than I am about this one time, big infusion of of cash. And everyone is different. Perhaps you are someone who’s looking for that big infusion of cash and like go for it, do it. But I loved what he said. It’s about playing the long game and making this a, a true, a true business versus this one time push. RV: (05:00) Yeah. So for me, the other thing that I thought was fascinating you know, we teach something to our brand new members that we call the fast cash formula, which is how do you, if you need to make money quickly. And we talk about how coaching a lot of times is the fastest way. If you need to replace an income is to offer coaching. And when he was telling his story, that was how he started. And still to this day, he does one day a month of one-on-one coaching work. And I love that because he was a real life example of what we talk about that, you know, coaching is the fastest path to cash in terms of replacing a large you know, income need, but it’s the least scalable longterm. And, and yet, so he sort of toward the story about how he started with that. RV: (05:51) And then after he had done enough coaching, he created a course for the people who couldn’t afford coaching. And, and so he was teaching this course and then people invited him to come speak because there were people seeing him teach the course. And that, you know, basically out of that coaching work came his content which became also his business model. And I just think that’s a really great way to do it is to do the work, to kind of get your hands in there. And obviously we love coaching. We, we believe in coaching in the power of one-on-one and I just, I just thought that was really encouraging. And, and, you know, he, he does have multiple streams of income, but it’s been developed over years and it’s, it really started from one great body of work, you know, that he flushed out with coaching and real life scenarios then applied it to a course, you know, then applied it to live events and speaking. So I thought that was just a great, a great example. AJV: (06:51) Yeah. There’s a great evolution of evolution. That’s a great one. And I think that’s somewhat similar to my third and final point, which is which I thought is very indicative of what you hear a lot. But yet there’s this mystery around it. He said, but I don’t count on any income from my books. And, you know, in his book is super successful and has been out there, just did a 20 year edition, right? 20Th year, RV: (07:18) 20Th or 25th. AJV: (07:20) Yeah. But a long time, right on. He said, but here’s what I have found. He said, it’s not the book itself that makes all the income, it’s the actual content within the book. So the book is the calling card. It’s the credibility source. Then not to say that you won’t make income. He just doesn’t count on that in his forecast or his budget. But it’s the content of that book that he then takes that and turns it into all these different curriculums. It’s a coaching curriculum. It’s a certification curriculum. It’s a course, it’s a video series, it’s a live event. It’s all these different things that are all circulated around the content of the book. And the book is at the center, but probably isn’t, what’s bringing in the most income for him. However, from that, there is just this entire huge circle of all these things that are moving to make this very successful, a very healthy business, even though most of the income is not from the center of it, which is the book it’s from all these other ancillary income streams that have become his primary revenue. RV: (08:27) Yeah. That’s good, good perspective on the book. For me, my third takeaway, which he talked a little bit about, but it’s more of, of what we know about him and Joanne behind the scenes. And I don’t know that he said this directly, but every time I’m with Dan and Joanne, it always occurs to me how they build their life or, or they build work around their life. They don’t build their life around their work. And so it’s, it’s one of the great possibilities of a personal brand is to be able to like fit work in and around your life. And it’s hard to do cause when you’re an entrepreneur, especially early on, it’s like a lot of times, you know, we’re kind of his life, but you, you want to get out of that and you can get out of that. And AJV: (09:14) I think that goes to a lot of what he talked about, where he resists the temptation to do all of the new and trendy things. Because, well, for what reason, it’s like, are you living to work? Are you working to live? And he talked a lot about his time and his schedule, but I think that is a part of it is resisting the temptation to do. RV: (09:34) Yeah. And I, and I hope for you, like, w w I wonder, I would bet if we could take all the podcast listeners and ask if you’ve heard of Dan Miller, I bet less than half of you have actually heard of him. You’ve probably heard of some of our other guests yet. He has one of the biggest businesses of everyone we’ve ever had on the podcast. And, and his example speaks to the power of steady consistency and just trust and playing the long game and plodding along. He’s the tortoise man. That’s a, that’s such a great that’s a great metaphor. And, and, and we mean that AJV: (10:14) It was his, he said, he said, I’m the tortoise. RV: (10:18) Yeah. That’s. And, and that is, you know, and we say that in the most honoring way, AJV: (10:23) He said it so we can say it. RV: (10:26) But even to that extent, it doesn’t mean you have to be slow. It’s just, it’s the idea of consistency. You don’t have to be the person with a million followers. And, and you know, this, these huge extravagant launches and given away cars, and like, you can do those things like, but, but you don’t have to be that person in order to be successful. Like you can just do the right thing for a really long time, and it will work out like you can’t fail if you just pour back into people’s lives. So I’m as encouraged by that. AJV: (11:01) Yeah. Well, I think it just, in general, there are a million different ways to build your personal brand. And Dan gives a one, one really great perspective of how to do it. And there are many other different perspectives that you will hear from other guests, but to what Roy is saying, it’s like, it’s, it’s all about. And what we talk about a lot, it’s playing the long game and Dan is a great example of the long game. RV: (11:26) Yeah. So there you have it. So hopefully you’re playing the long game and you’ll keep coming back here. We’re going to keep working to provide amazing guests for you and hopefully useful insights. We’re so glad that you’re here. We’ll catch you next time on the influential personal brand.

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