The problem with Legendary Marketer, but is it really?

Anders Larsson
15 Nov 202307:34
EducationalLearning
32 Likes 10 Comments

TLDRThis video script critiques the predatory tactics within affiliate marketing, particularly targeting 'Legendary Marketer'. It discusses how online gurus exploit desperation with 'get-rich-quick' schemes, leading to a 'shiny object loop'. The speaker shares personal insights on building a business gradually and ethically, contrasting it with the high-pressure sales of expensive 'blueprints'. The video encourages viewers to learn from the content provided, start immediately, and build skills through practice rather than chasing unrealistic promises.

Takeaways
  • 🚫 **Criticism of Legendary Marketer**: The video addresses criticisms of Legendary Marketer (LM) and aims to explain the issues within the affiliate marketing industry.
  • 💸 **Affiliate Marketing Greed**: The script highlights how 'greedy gremlins' or online gurus exploit the affiliate marketing model for personal gain.
  • 🔄 **Shiny Object Syndrome**: Viewers are warned about the 'shiny object syndrome', where people are lured into following one online guru after another, chasing quick riches.
  • 📈 **Get-Rich-Quick Schemes**: The video discusses the prevalence of 'get-rich-quick' titles and promises, which set unrealistic expectations and lead to disappointment.
  • 🛠️ **Blueprints as Bait**: It is explained that the 'blueprints' or tools promoted by gurus are often unnecessary purchases, designed to draw people into affiliate links.
  • 🎯 **Selective Success Stories**: Legendary Marketer is criticized for only featuring success stories of those who have had prior experience or a head start, not representing the average person starting from scratch.
  • 💸 **Exploiting Desperation**: The script points out how some take advantage of people in desperate financial situations, selling them expensive blueprints that promise quick success.
  • 🌱 **Growth Over Quick Profits**: The video emphasizes the importance of growing a business slowly and sustainably, rather than seeking immediate profits.
  • 📚 **Educational Value in LM**: Despite the criticisms, the speaker acknowledges the educational value in Legendary Marketer's content, which can be used to teach others.
  • 🔧 **Building Skills Through Action**: The video stresses that learning and skill-building happen through action and facing challenges, not through endless preparation.
  • 📢 **Encouragement to Engage**: The speaker offers a free digital marketing video training and encourages viewers to start their journey with Legendary Marketer if they find the video valuable.
Q & A

  • What is the main issue discussed in the video script regarding Legendary Marketer?

    -The main issue discussed is the criticism of Legendary Marketer and the broader problem of the infrastructure of affiliate marketing, which has become greedy and exploitative, often luring people with get-rich-quick schemes.

  • Why are online gurus, also known as 'gremlins', blamed in the script?

    -Online gurus are blamed because they promote get-rich-quick schemes and affiliate marketing tools that are unnecessary, leading people into a cycle of chasing shiny objects and falling for high-ticket product sales.

  • What is the 'shiny object loop' mentioned in the script?

    -The 'shiny object loop' refers to the cycle where people are continuously drawn to the next online guru or marketing tool that promises quick success, instead of focusing on building a sustainable online business.

  • How does the script describe the indoctrination process in affiliate marketing?

    -The indoctrination process is described as being bombarded with get-rich-quick titles and promises on platforms like YouTube, which leads people to believe in the possibility of easy success and entices them to follow the gurus' blueprints.

  • What is the significance of the 'blueprint' in the context of the video script?

    -The 'blueprint' is a high-ticket product that is marketed as containing the secrets to success in affiliate marketing. It is criticized as being overpriced and as a means to exploit people's desire for quick success.

  • Why does the script mention people with backgrounds in door-to-door sales or university teaching?

    -The script mentions these backgrounds to highlight that many of the success stories shared by Legendary Marketer involve people who already had sales or teaching experience, which is not representative of the average person starting from scratch.

  • What is the script's stance on the right reason to start an online business?

    -The script suggests that the right reason to start an online business is to be prepared to grow something slowly and patiently, rather than seeking a quick return on investment.

  • How does the script differentiate between good and bad education in Legendary Marketer?

    -The script differentiates by stating that while Legendary Marketer has valuable content that can be used to educate others, it is misused by those who exploit the get-rich-quick mentality and lure people into buying expensive blueprints.

  • What is the advice given in the script for those who want to succeed in online business?

    -The advice is to start building a following and skills right away, to use the content from Legendary Marketer to teach others, and to understand that progress comes from facing challenges and friction in the business.

  • What are the two options provided at the end of the script for those interested in learning more?

    -The two options are: clicking the red button for free digital marketing video training, or clicking the red button to get started with Legendary Marketer and watch a video with Dave Sharp for further coaching.

Outlines
00:00
🚫 The Problem with 'Get Rich Quick' Mentality in Affiliate Marketing

The first paragraph discusses the criticism of 'Legendary Marketer' and the broader issue with the affiliate marketing industry. It highlights how 'greedy gremlins' or online gurus exploit the 'get rich quick' mentality, leading people into a cycle of chasing shiny objects and purchasing unnecessary tools. The paragraph emphasizes the indoctrination that begins with enticing titles on YouTube, which promise quick wealth, and how this leads to people falling for the bait of affiliate marketing schemes. It also touches on how 'Legendary Marketer' is not exempt from these practices, as they too use selective success stories to lure in desperate individuals, selling them expensive 'blueprints' that promise secrets to success.

05:01
📈 Building a Business Slowly and Sustainably

The second paragraph shifts focus to a more positive approach to building an online business. It contrasts the 'get-rich-quick' vulnerability with the education provided by an influencer who emphasizes slow and steady growth. The speaker shares their realization that the content within 'Legendary Marketer' is valuable and can be used to teach others, suggesting that true progress comes from starting immediately and facing challenges, which in turn builds skills. The paragraph concludes with an offer for viewers to access this 'gold mine' of information through the speaker's digital marketing video training, or to start with 'Legendary Marketer' if they choose. It also encourages viewers to like, subscribe, and notify for new content, emphasizing the importance of community support in growing a channel.

Mindmap
Keywords
💡Legendary Marketer
Legendary Marketer is a program or system mentioned in the script that is criticized for its approach to affiliate marketing. It is portrayed as part of the problem with the current infrastructure of affiliate marketing, which is seen as exploitative and geared towards making quick profits. The script discusses how Legendary Marketer attracts people with the promise of quick success, which is a common tactic used in the industry.
💡Affiliate Marketing
Affiliate marketing is a performance-based marketing strategy where individuals earn a commission for promoting other companies' products. In the context of the video, it has become a platform for 'get-rich-quick' schemes, where people are lured into buying expensive programs and tools with the promise of easy income, often leading to disappointment and financial strain.
💡Greedy Gremlins
The term 'greedy gremlins' is used in the script to describe online gurus who exploit the desire for quick wealth by selling expensive courses and tools. These individuals are criticized for contributing to the problem of people getting stuck in a 'shiny object loop,' chasing the next big opportunity without achieving sustainable success.
💡Shiny Object Syndrome
Shiny Object Syndrome refers to the tendency of individuals to be distracted by new, exciting opportunities at the expense of focusing on one thing to achieve success. In the video, this concept is used to describe how people are drawn to different online gurus and their programs, constantly seeking the next big thing instead of building a solid foundation for their online business.
💡Get-Rich-Quick
Get-rich-quick schemes are fraudulent or unrealistic plans that promise high rates of return for little risk to investors. The script criticizes the prevalence of such titles and messages in the affiliate marketing world, which lure people into believing they can easily make large sums of money, often leading to financial loss and disappointment.
💡Bait Loop
The 'bait loop' is a concept used in the script to describe the cycle of being attracted to the promise of quick wealth and then being led to purchase more and more products or programs that claim to be the secret to success. It is a critical view of how the affiliate marketing industry operates, with people constantly chasing the next big opportunity without achieving real, sustainable results.
💡Blueprint
In the context of the video, a 'blueprint' refers to a set of instructions or a plan that is sold by online gurus, claiming to hold the secrets to success in affiliate marketing. The script argues that these blueprints are often overpriced and unnecessary, used as a tactic to exploit people's desire for quick success.
💡High Ticket Products
High ticket products are items or services that are sold at a high price, often with the promise of significant returns. The script mentions that the blueprints sold by Legendary Marketer are high ticket products, costing around $2,500, and are used to take advantage of people's get-rich-quick mentality.
💡Vulnerability
Vulnerability in the script refers to the state of being open to exploitation due to desperation or a strong desire for success. The video discusses how people in desperate financial situations are particularly susceptible to the allure of get-rich-quick schemes and expensive programs like Legendary Marketer.
💡Building a Following
Building a following is the process of growing an audience for one's content or business. The script emphasizes the importance of slowly building a following and skills as the right way to succeed in online business, rather than seeking quick fixes or shortcuts offered by programs like Legendary Marketer.
💡Friction
In the context of the video, 'friction' refers to the challenges and difficulties one encounters when starting a business. The script suggests that it is through facing and overcoming these challenges that individuals truly progress in their business, rather than by seeking easy paths promised by get-rich-quick schemes.
Highlights

Criticism of Legendary Marketer's infrastructure and the greed of online gurus.

Affiliate marketing's infrastructure is described as ridiculous and exploitative.

The 'shiny object loop' and how it traps people into a cycle of chasing quick fixes.

The prevalence of 'get rich quick' titles on YouTube and their psychological impact.

The critique that online gurus use blueprints to sell unnecessary tools.

Legendary Marketer's selective invitation of successful individuals to their shows.

The importance of starting an online business with a long-term growth mindset.

The story of a man who lost his job and was vulnerable to 'get rich quick' schemes.

The high cost of Legendary Marketer's blueprints and the pressure to sell them.

The speaker's own experience with an influencer who taught slow and steady business growth.

The realization that Legendary Marketer's content is a gold mine for education.

The importance of starting immediately and learning through doing in business.

The offer of a free digital marketing video training as an alternative to Legendary Marketer.

The speaker's advice on using the content to teach others and build a following.

The encouragement to click like and subscribe for more valuable content.

The final call to action to access the gold mine of content through the provided link.

Transcripts

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Affiliate MarketingGet Rich QuickOnline GurusShiny Object SyndromeInternet BusinessDigital MarketingWealth BuildingScams AwarenessEntrepreneurshipMarketing Strategies