Business Expert: The Secret Power of IP To Grow Your Business | 132
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Codifying your knowledge into intellectual property (IP) is a crucial step for scaling any business, but what my guest Mo Bunnell shared in this episode completely changed my perspective on how to do it and the incredible impact it can have. Mo, author of Give to Grow and founder of the Bundle Idea Group, has built an astonishing career training professionals at some of the world's most prestigious organizations. He walked me through the evolution of his IP, from humble beginnings to the sophisticated materials he uses today to secure multi-six-figure contracts. This isn't something he typically breaks down publicly, and I was genuinely surprised by the tangible examples and actionable steps he provided for transforming a service-based business into an IP-driven powerhouse.
Timestamps:
00:00 Introduction
02:29 Codifying your system in a weekend
05:07 From intuition to framework: creating IP
08:00 The evolution of training materials
11:20 Essential elements of effective IP
18:30 The economics of B2B and corporate clients
21:00 How to get your first pilot clients
26:00 Overcoming B2B objections
29:00 Translating B2C IP to B2B corporate world
31:00 Identifying high-leverage industries and roles
34:00 Lowering the bar on perfection for B2B
37:00 Lead magnets for decision-makers vs. users
41:40 Advanced lead magnet strategies
45:20 The power of public workshops
49:40 Scaling beyond yourself: travel and certification
52:45 Michael Hyatt's Business Accelerator growth
56:00 The annuity effect of corporate training
If you enjoyed this episode, please like and subscribe, share it with your friends, and leave a review. I read every single one.
Learn more about the podcast: https://nathanbarry.com/show
Follow Nathan:
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Website: https://nathanbarry.com
Kit: https://www.kit.com
Follow Mo:
LinkedIn: https://www.linkedin.com/in/mobunnell
Bunnell Idea Group: https://bunnellideagroup.com
YouTube: https://www.youtube.com/channel/UCd0dvX8kfxF_MMz6IZT17kw
Give to Grow: https://bunnellideagroup.com/givetogrow
Featured in this episode:
Kit: https://www.kit.com
The Snowball System: How to Win More Business and Turn Customers into Raving Fans: https://www.amazon.com/Snowball-System-Business-Customers-Raving/dp/1640950343
Unreasonable Hospitality: https://www.amazon.com/Unreasonable-Hospitality-Remarkable-Giving-People/dp/0593418193
Highlights:
01:04 – How Mo started codifying his IP
04:08 – The power of IP to scale a business
11:22 – Four components of world-class IP
18:49 – The "this changes everything" B2B opportunity
37:04 – Lead magnets for buyers versus users
43:09 – James Clear's strategic review request
56:00 – The annuity model of B2B corporate training