Tim Ikels - Creator, Publisher, Marketer

The Great Formula by Mark Joyner

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Welcome to my personal book notes of The Great Formula by the author Mark Joyner.

Here you can find my book notes on The Irresistible Offer from the same author.

Let’s dive in.


If you’re selling calculators, you don’t go to the beach. You find a convention of mathematicians.
- Mark Joyner

Table Of Contents Of The Book

Key Concepts & Ideas

The vast majority of new information available today is just plain rubbish.

A new way of handling information is needed.

Your brain is filled with a relatively small number of rules that use prechunking to allow you to respond to an infinite number of potential situations.

Mark Joyner’s “The Great Formula”

Every single thing you learn about marketing fits somewhere inside these three steps.

If you look at the greatest business successes in the history of the world, you will find that nearly every one of them follows this formula to the letter.

The Only Three Ways To Increase The Revenue Of Any Business

There are three, and only three, ways to increase the revenue of any business endeavor:

  1. Get your message in front of more eyeballs
  2. Get more money per eyeball
  3. Sell more products to your existing customers on the back end

An Important Question

Here’s what’s crazy and totally irrational:

If these are the only three ways to increase the revenue of a business, why is it that most business owners spend about 95 percent of their time on things that don’t fall into those three categories?

If one were to take all of the actions performed in a business, isolate those actions that are making a profit, and increase the effectiveness of those actions at each step, profitability is the unavoidable result.

How do you do that?

Simple: You focus your efforts on The Great Formula.

The Great Formula works because it focuses your mind like a laser on what works, and forces everything else to fall by the wayside.

Step 1: Create The Irresistible Offer

The Irresistible Offer is an identity-building offer central to a product, service, or company where the believable return on investment is communicated so clearly and efficiently that it’s immediately apparent you’d have to be a fool to pass it up.

Step 2: Present It to a Thirsty Crowd

It doesn’t matter how great your product is - if you pitch it to the wrong market you won’t even make a paltry dent in your sales goals.

If someone were walking through the desert and you were the only one selling water, would it be easy to make the sale?

Of course it would.

In fact, your water wouldn’t even have to be all that good.

Now, combine that thirst with TIO, and what do you have?

Nothing short of sales fireworks, my friend.

The Four Strategies for Capturing Thirsty Crowds

  1. Pay for access to a crowd. (example: You find a magazine whose readership is precisely your Thirsty Crowd. You then purchase ad space in the magazine.)
  2. Speculate for access to a crowd. (example: “Let me put my shampoo in your salon at no cost to you. Whenever you sell a bottle, keep 50 percent and don’t pay me a dime unless you make a sale.”) - For a very low cost and minimal risk you just gained access to an extremely Thirsty Crowd.
  3. Manifest a crowd from thin air. (Every time you encounter potential customers, even if they don’t buy, you should always capture their contact information and get permission to send them offers in the future. Every little bit of contact you have with a potential customer is a chance to slowly build your own Thirsty Crowd.)
  4. Find lost crowds. (On the Internet, there are millions of discussion communities and almost certainly you’ll find some in your niche. Get yourself known there by helping out the members, and you’ll build a loyal following.)

Closing Thoughts

This concludes my book notes on The Great Formula by the author Mark Joyner.

My notes only cover small parts of the book, so if you like what you read, please consider buying the book from the author.

Stay awesome,

P.S. Questions or comments? Reply via email.

P.P.S. Want to start and grow an online business on YOUR terms?

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