4.8 • 826 Ratings
🗓️ 21 April 2025
⏱️ 2 minutes
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In today’s fast-paced world, attention is the ultimate currency—capturing it can make or break your business. But there’s a hidden gem every entrepreneur needs to understand: the Theory of Consumption. In this episode, we dive deep into what this powerful concept is, why it’s a game-changer, and how you can harness it to skyrocket your business growth.
Join us as we unpack practical strategies to leverage attention and consumption patterns, ensuring your brand stands out in a crowded market. Tune in for actionable insights that will transform the way you connect with your audience!
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0:00.0 | I believe in the theory of consumption, something that I teach. |
0:05.0 | What it means is this. |
0:20.0 | The theory consumption states, |
0:22.7 | for, let's say for every $1,000 you want someone to spend with you, |
0:27.0 | they need to consume at least one hour of your content. |
0:29.8 | For every $1,000, they want them to spend with you, |
0:32.3 | they need to consume at least one hour of your content. |
0:33.9 | So if you want someone to buy your $10,000 offer, |
0:37.1 | that means they need to consume at least 10 hours of your content. So if you want someone to buy your $10,000 offer, that means they need to consume |
0:38.0 | at least 10 hours of your content. Now that 10 hours could be, let's say take one hour, $1,000. |
0:44.4 | That one hour, that could be a one hour event. Like it could be one webinar or one speaking |
0:50.9 | or one keynote, that's fine, one speech. Or it could be microconsumption, |
0:56.0 | five minute on your video, 10 minute on your podcast, |
0:59.3 | they read your article a little bit, |
1:00.8 | they read your LinkedIn, right? |
1:02.4 | That could be microconsumption, |
1:04.3 | but that's the way they see it. |
1:05.8 | So why people struggle to scale? |
1:08.0 | And that's how we've done it to hundreds of millions |
1:10.4 | without outside investors, |
1:11.6 | without raising capital through marketing and funnels, because I understand the few of consumption. |
1:16.5 | I don't sell products and services. I focus on selling consumption. Because if I win their time, |
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