7 Prioritization

Bryan Beltrán R
18 Jul 202424:52

Summary

TLDREl guion del video aborda la conversión de esfuerzos personales en altos rendimientos, destacando cómo plataformas como YouTube y redes sociales son herramientas de alto impacto. Se discute la importancia de la automatización y delegación en la capacitación, y cómo identificar y elevar a campeones dentro de la comunidad puede multiplicar el impacto. Se explora la transición de negocios basados en la venta de productos a modelos de negocio más escalables, como la venta de comunidades o negocios en línea. Además, se discute la estrategia de escalabilidad a través de afiliados y embajadores, y cómo estructurar una oferta efectiva para incrementar el valor total del cliente.

Takeaways

  • 📈 La conversión es clave en contenido y YouTube, y es un área de alto impacto, aunque el coaching tradicional es de bajo impacto y requiere una estrategia para aumentarlo.
  • 🏆 Crear 'campeones' dentro de una comunidad puede ser una forma efectiva de aumentar el impacto, siempre y cuando se centre en un subconjunto del grupo para evitar desafíos a la autoridad.
  • 🔄 La transición de un negocio de coaching a un modelo de firma consultiva o una comunidad escolar requiere de un enfoque empresarial, considerando crecimiento, adquisición de clientes, LTV (Valor de Vida del Cliente) y ingresos anuales.
  • 💼 La contratación de personal y la delegación de tareas son fundamentales para escala y crecimiento, especialmente en áreas donde se gasta mucho tiempo y no se es el experto.
  • 🤝 Los afiliados pueden ser vistos como nodos de ingresos y requieren de un enfoque similar al de los clientes en términos de activación, onboarding y retención.
  • 💰 Alcanzar un millón de dólares en el banco después de impuestos es un buen primer objetivo para ahorrar antes de considerar nuevas empresas o riesgos más grandes.
  • 🌐 La estructura fiscal y legal de un negocio puede influir significativamente en la retención de ganancias y la estrategia de impuestos, y puede requerir de una planificación internacional.
  • 📊 La escala y el crecimiento pueden ser abordados mediante la implementación de características como pruebas gratuitas, planes anuales y programas de afiliados.
  • 📞 Las llamadas de ventas, incluso de bajo valor, pueden ser muy efectivas si se estructuran correctamente, utilizando técnicas como el cierre de llamadas o el uso de VSL (Video Sales Letter).
  • 📈 Para aumentar el LTV (Valor de Vida del Cliente), se pueden utilizar estrategias como aumentar los precios, disminuir los costos, agregar ventas cruzadas y upsells, y mejorar la tasa de conversión.
  • 🌍 La elección de la ubicación geográfica y la nacionalidad puede tener un impacto significativo en la tributación y en la viabilidad de ciertos modelos de negocio, lo que puede requerir una reubicación o una reevaluación de la estructura empresarial.

Q & A

  • ¿Qué tipo de contenido y plataformas son consideradas de alto impacto en la conversión según el guion?

    -El contenido y YouTube son considerados de alto impacto en la conversión, especialmente cuando se trata de coaching y automatización de contenido.

  • ¿Cómo se puede aumentar el impacto en el coaching, que se menciona como de bajo impacto?

    -Se puede aumentar el impacto en el coaching eligiendo a 'campeones' dentro de la comunidad, creando un nicho para ellos y asegurándose de que no se conviertan en competidores directos.

  • ¿Qué estrategia se sugiere para evitar que un campeón dentro de la comunidad se convierta en una figura más grande que el líder?

    -Se sugiere especializar a los campeones en un subconjunto del grupo, en lugar de ser reconocidos por el grupo completo, para que puedan ser expertos en un área específica sin desafiar la autoridad del líder.

  • ¿Cómo se puede manejar el crecimiento y la venta de una comunidad escolar según lo discutido en el guion?

    -Se debe considerar la tasa de crecimiento, cómo adquirir clientes, el valor de vida larga (LTV), los costos, las ganancias y cómo escalar la comunidad de manera similar a cualquier otro negocio.

  • ¿Qué tipo de salidas se pueden hacer para una empresa de influenciadores y cómo se relacionan con las ventas de una comunidad escolar?

    -Las salidas pueden ser una venta de mayoría o una venta de minoría, donde un inversor puede entrar con un valor externo. Esto se relaciona con las ventas de una comunidad escolar en que se trata de maximizar el valor y la escala antes de una venta.

  • ¿Cuál es la diferencia entre vender un negocio en Amazon y vender una comunidad escolar?

    -La diferencia radica en que ambas son productos, pero se venden en diferentes plataformas y el proceso de venta dependerá de cómo se adquieran los clientes y su valor.

  • ¿Cuál es la recomendación para saber cuándo hacer algo diferente o escalar una comunidad escolar a una empresa de software?

    -La recomendación es ahorrar un millón de dólares en efectivo después de impuestos y luego considerar escalar o hacer una inversión diferente.

  • ¿Cómo se puede abordar la sensación de vacío o 'post game depression' después de alcanzar un objetivo importante?

    -Se sugiere buscar apoyo en comunidades similares, como una comunidad para ganadores anteriores, y considerar la creación de reconocimientos físicos como trofeos para ayudar a lidiar con la sensación de vacío.

  • ¿Cómo se pueden utilizar los afiliados o embajadores para aumentar el valor total del cliente (LTV) en una comunidad escolar?

    -Se pueden considerar los afiliados como nodos de ingresos y trabajar en la retención y activación de afiliados, ofreciendo incentivos y soporte similar al brindado a los clientes.

  • ¿Cuál es la sugerencia para una estructura de venta eficiente en llamadas de ventas de bajo volumen?

    -Se sugiere una estructura de venta clara y directa, evitando ser 'vendido' y enfocándose en proporcionar claridad sobre el producto, la prueba de que funciona y los siguientes pasos.

  • ¿Cómo se puede aumentar el LTV en una comunidad escolar y qué estrategias se pueden implementar?

    -Se pueden aumentar los precios, disminuir los costos, agregar ventas cruzadas y upsells, y mejorar la tasa de conversión para aumentar el LTV.

  • ¿Cómo se puede manejar la situación fiscal desafiante en Suecia para un empresario que busca crecer su negocio?

    -Se puede considerar la posibilidad de incorporar y bancar fuera del país, vivir en un país con una tasa de impuestos más baja, o reinvertir en el negocio para que su valor componga de manera tributaria gratuita.

Outlines

00:00

😲 Discusión sobre el uso de influencia y automatización en coaching

El primer párrafo aborda la conversión de esfuerzos en coaching y contenido en plataformas como YouTube, destacando la importancia de la automatización y el uso de influencia en redes sociales. Se menciona la creación de 'campeones' dentro de una comunidad para dirigir preguntas específicas y mantener la autoridad del líder. También se discute la transición de un negocio de coaching a una firma de consultoría con un CRM, y la venta de una comunidad escolar como un producto en línea, enfocándose en métricas clave como tasas de crecimiento, adquisición de clientes y rentabilidad.

05:01

🤔 Análisis de estrategias de crecimiento y financiamiento empresarial

El segundo párrafo se enfoca en la escalada de un negocio, desde la venta de un negocio de Amazon hasta la creación de una comunidad escolar. Se discuten las diferentes formas de salida, como la venta de una mayoría o una minoría de la empresa, y se explora la posibilidad de obtener financiamiento a través de préstamos basados en el valor de la empresa. También se abordan las consideraciones para escalar un negocio, como la necesidad de reemplazar tareas manuales con procesos automatizados y la importancia de mantener un crecimiento constante durante el proceso de venta de la empresa.

10:01

💡 Estrategias para la expansión y contratación en un negocio en crecimiento

El tercer párrafo discute la importancia de la contratación y la expansión en un negocio en crecimiento. Se sugiere que el primer objetivo debe ser ahorrar un millón de dólares en efectivo después de impuestos y luego considerar la expansión o la entrada en un nuevo nicho de mercado. Se comparten experiencias personales sobre el crecimiento del negocio y la lucha contra la sensación de vacío tras alcanzar objetivos importantes. También se habla sobre la integración de afiliados y embajadores en la comunidad, enfocándose en la activación, onboarding y retención de estos como nuevos canales de ventas.

15:03

📈 Consideraciones fiscales y personales en la toma de decisiones empresariales

El cuarto párrafo aborda los desafíos fiscales que enfrentan los empresarios, especialmente en países con altas tasas de impuestos como Suecia. Se discuten las implicaciones de pagar una gran parte de los ingresos a través de impuestos y las estrategias para minimizar la carga fiscal, como la consideración de mudarse a otro país con tasas más bajas de impuestos. También se comparten opiniones personales sobre la calidad de vida en Suecia y la posibilidad de mudarse a un lugar con un clima fiscal más atractivo para los negocios.

20:03

🌐 Estrategias de crecimiento y reinvestimiento en activos empresariales

El último párrafo explora la idea de que el valor de un negocio en crecimiento puede componerse a una tasa más rápida que el ingreso, lo que puede resultar en una acumulación de riqueza significativa a largo plazo. Se discuten las ventajas de reinvertir en el negocio en lugar de distribuir los ingresos, y cómo los empresarios pueden tomar prestados basados en el valor de sus activos sin tener que pagar impuestos sobre ellos. También se menciona la importancia de comprender el juego a largo plazo y cómo la valoración de los activos puede ser una forma de minimizar la carga fiscal.

Mindmap

Keywords

💡Leverage

Leverage se refiere a la capacidad de maximizar el impacto o el resultado con la menor cantidad de esfuerzo o recursos. En el contexto del video, se discute cómo ciertos medios como el contenido y YouTube tienen un alto leverage, lo que significa que pueden alcanzar una amplia audiencia con relativamente poco esfuerzo. El script menciona que el coaching tradicional es de bajo leverage en comparación.

💡Coaching

Coaching es un proceso de desarrollo personal o profesional en el que un coach capacita a un individuo o grupo para alcanzar sus metas. En el video, se discute cómo el coaching de uno a uno es de bajo leverage y se sugiere la posibilidad de utilizar 'champions' dentro de una comunidad para aumentar el leverage.

💡Automatización

La automatización es el uso de sistemas para realizar tareas de manera automática, reduciendo la intervención humana. En el tema del video, se menciona la automatización de contenido y YouTube como una forma de aprovechar el leverage en plataformas digitales.

💡Influenciadores

Los influencers son personas con una gran influencia en las redes sociales que pueden promocionar productos o servicios. En el script, se plantea la idea de utilizar influencers para aumentar el alcance y el valor total de la experiencia del cliente (LTV) en una comunidad.

💡Comunidad

Una comunidad es un grupo de personas que comparten intereses o objetivos comunes. En el video, se habla de la creación de una comunidad escolar y cómo gestionarla para aumentar el engagement y el valor de la comunidad.

💡Escalado

El escalado se refiere al proceso de aumentar el tamaño o la capacidad de un negocio. El video discute estrategias para escalar un negocio, como la incorporación de afiliados y la mejora de la relación entre el costo y el valor (LTV/CAC).

💡Afiliados

Los afiliados son individuos o empresas que promueven productos o servicios a cambio de una comisión por cada venta. El script sugiere que los afiliados pueden ser vistos como nodos de ingresos y se discute cómo se puede estructurar un programa de afiliados para maximizar su efectividad.

💡Valor Total del Cliente (LTV)

El LTV es una métrica que estima el valor que un cliente aportará a una empresa a lo largo de toda su relación. En el video, se habla de cómo aumentar el LTV a través de estrategias como la venta cruzada, los upsells y los downsells.

💡Cost-Per-Acquisition (CPA)

El CPA es la cantidad de dinero que se invierte para adquirir un nuevo cliente. El video discute la importancia de entender y reducir el CPA para mejorar la rentabilidad del negocio.

💡Empresa de Consultoría

Una empresa de consultoría proporciona servicios de asesoramiento en un área específica. En el script, se menciona la transición de un negocio de coaching a una firma de consultoría, lo que implica un cambio en la estructura y el modelo de negocios.

💡Estrategias de Retención

Las estrategias de retención se refieren a las tácticas utilizadas para mantener a los clientes leales y satisfechos. El video sugiere que mejorar la retención puede ser una forma de aumentar el LTV y, por lo tanto, el éxito del negocio.

Highlights

讨论了利用高杠杆内容和自动化在YouTube、Instagram和LinkedIn上提高效率。

强调了在一对一教练领域寻找高杠杆机会的重要性。

提出了在社区内设立'冠军'的概念,以提高特定领域的专业性和影响力。

解释了如何通过CRM处理和咨询公司转型来提高业务杠杆。

讨论了将业务视为可出售资产的重要性,以及如何通过增长、客户获取和利润来衡量业务价值。

提到了在业务达到一定规模后,需要有人接替你的角色。

探讨了不同的退出策略,包括多数股权退出和少数股权交易。

强调了在业务增长到一定阶段后,考虑出售或融资的重要性。

讨论了如何通过建立社区和提供价值来增加客户生命周期价值(LTV)。

提到了在业务中引入影响者和大使作为增长策略的一部分。

讨论了如何通过提供清晰的信息和证明来优化销售过程。

强调了在销售中保持真诚和透明的重要性,而不是过度销售。

讨论了如何通过增加价格、减少成本、交叉销售和提高转化率来提高LTV。

提到了在瑞典高税收环境下,如何通过不同的策略来优化个人和企业的财务状况。

探讨了在不同国家设立公司和银行账户以优化税务策略的可能性。

讨论了在美国全球征税政策下,如何规划个人财务以减少税务负担。

强调了资产价值的增长和再投资对于长期财富积累的重要性。

Transcripts

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so I think we covered the

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conversion

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on was a very cool question on Leverage

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um so you know content and YouTube are

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very high leverage stuff but you've been

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a coaches content and YouTube automation

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like Instagram LinkedIn they're all high

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lever stuff but when it comes to

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coaching specifically where can we find

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higher lever because coaching is very

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low lever just oneon-one one I mean you

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can do oneone one you semiprivate you

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can do many one of the things I had

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written down somewhere was um when you

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do choose to have Champions within the

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community I think it's it's helpful to

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make the champion Silo so make them a

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champion about a subset of the group not

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the whole group that way it's not like

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they're trying to claim claim Top Dog uh

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from you it's just like he's really good

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at the CV process he's really good at

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the like just basically junk down yeah

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what it is and then that way people know

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where to direct their questions and

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where you can direct them but that

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person never becomes bigger than

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you yeah that's how you can get lever

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within I that's how we're able to make

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to a s company and transition from

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Alex's you know Guru business to gym

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launch the Consulting you know firm that

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now has a CRM

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processing

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and and just on that can we actually s a

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schoolly community but we there's no

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other school community in our Niche sell

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School Community but it's going to be

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treated like every other bus still going

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to look at the same metrics which is

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like what's the growth rate how do you

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buy customers what's LTB what's C what's

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your annual revenue like fundamentally

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think about like like you can sell an

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Amazon business a business that you sell

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a product on Amazon you can sell a

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school Community which is a product on

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school like you can sell the exact same

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way it's just going to be a function of

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how much how how you get customers what

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they're worth how much profit you make

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and again the grow how St they are

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because I'm taking the Q&A calls

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wouldn't it be or would have got someone

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to replace yes each everything that you

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do over time you have to have somebody

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else do I don't think you

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need like basically until you're a

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million a month you just don't

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anything like at all like zero thoughts

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and then like two million a month like

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okay if Le flows his LinkedIn is that

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ever going to be exible yeah if he's not

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only doing that okay like and there's

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also there's also different ways to exit

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right have a majority exit is what it

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sounds like we're talking about you can

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do a majority exit a lot of the

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influencer companies that you've seen

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like Cuda Beauty The Rock like they can

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do minority deals where an investor

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comes in with some value that's outside

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of this so like with the Rockets like

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somebody like Huda I think um over the

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investors who bought the minority

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percentage uh they had distribution in

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Sephora and mac and Bri morar so they're

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like we'll bring this distribution to

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you uh we'll take this percentage so

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we're invested into growth she still

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pushes it because she's still the

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majority owner she gets a liquidity

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event that she can take out the other

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thing you can do is you can run a um you

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can take debt out on a company kind of

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like refinancing a house same thing with

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a business there's value in the the

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business and a bank will look at how

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reliable the cas business is and lend

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against that again that only really

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happens once you're at

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theast otherwise beyond that you're

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looking at credit card credit L and

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those are usually not used for personal

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distribs usually for and when do we hit

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a million a month do we have to hit

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after six months consistently or it's

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like first month million a month cool

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let's sell

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it the

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next get signally more if you're

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consistent and it's also because like

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again if you hit a million a month a

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process to sell a company takes six

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months so you have to keep maintaining

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that and growing it throughout that

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process if there's

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volatility the reason that they get

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these massive headlines is because it's

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it's not easy very it's not easy to do

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you have to make an asset that somebody

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else can own will

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a lot more

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skill but from like the school business

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L is that it's probably the easiest

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business to go and make 10 20 100 500

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like you can make it like you have a

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YouTube channel you point them it's like

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a pretty easy business you don't have to

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work about supply chain like there's

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already a ton of levers to your point

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that's already built into the model

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yeah and what's the next level after a

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school Community is it a te company or

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something in between he curious what

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company a a software

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company

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yeah mean it couldn't be more different

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honestly what sorry it couldn't be more

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different

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s was very different yeah oh it's yeah

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it's almost completely opposite I work

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in one it's completely obious a

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different way of

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thinking it's hard it's hard

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it's literally the opposite in terms

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like okay you have to spend a shitload

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of money up front it takes a really long

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time and to have a price point that's

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compelling you have to start with really

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low prices like it's the opposite of

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like a high ticket coaching thing where

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you can start it tomorrow you don't need

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to have any Capital up front and you can

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make a ton of money for f that is a

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great question there because what you're

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actually asking is when do I know to do

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something different right when have I

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got enough from my school community that

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I can go start another venture or go

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horizontally and enter a new Niche I'll

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give you a good first goal save a

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million dollars in cash after

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taxes that's the first thing million in

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the bank yes after tax until you've got

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that like just do

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that because that's not even enough to

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start a te company so like or really

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even buy a house so like you you may as

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well just do that first and be

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focused yeah yeah and then your ideas

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seem to get bigger the more that bank

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balance grows 100% yeah you take bigger

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risks yeah and I say that because I know

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like until December my goal was what

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just 2K a month and then I had 10K on I

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I what this and then 20 came on then 30

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came on and 65 came on and I was like

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100k a month I don't even long impressed

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by it so I can see myself I hope I don't

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Plateau that's why I'm just trying to

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motivate myself now get

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the yeah so wasn't it didn't you send me

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a message after and you were like do you

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feel just like empty now that the I felt

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super empty the post game depression

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it's it's a thing that's why we

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introduced that little Emoji wasn't that

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was that you I think it was it was me

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and I had a call with Max as well like

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one hour one he was like it's completely

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normal

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um games

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Blues there is a a school Community for

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previous Games winners and it's

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basically like an AA support group for

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the first

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month if your weekly group meetings just

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like yeah I'm struggling as

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well we are getting physical trophies

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made for everyone let's go so that

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should help a little bit with the carry

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it everywhere I go to feel better about

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my depressing

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life just put it in every piece of

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content all life sucks but so you've got

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something physical that you can remember

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yeah did

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that I think that stuff actually matters

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a lot an

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arct influencers influen how do you

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scale with influencers to your to your

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skill to your community like how do you

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how do you how use yeah exactly

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affiliate to ambassadors well that'll be

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something that's that's on the road map

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obviously um but you want to

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fundamentally when you have ability to

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become a second type of customer so if

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you think about like you you end up

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having a second avatar you have your

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customer that you serve and then you

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have your customer that sells the stuff

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that you serve that you also have to

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serve and so you have activation on

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boarding retention the same metrics for

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an affiliate as you do for a customer

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and so you might have an affiliate who

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starts out hot and then dizzles and

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you're like oh no what do I do to retain

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Affiliates because you want them to

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continue to promote and so it's the same

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it's the exact same book of problems

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that happens just with another new um

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yeah but are you targeting those whales

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first versus just some random goal first

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okay it'll be more but I will say this

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you know uh Allan so Prestige Labs was

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all Affiliates uh Allan was all

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Affiliates I we had some ads but it was

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mostly Affiliates um well actually we

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ran ads to get affili there that's what

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we end up that was really that was a

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super high leverage thing but uh yeah

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that worked out great because it was

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like someone paid $20,000 to White Label

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the software and get on boarded and then

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those agencies would bring their clients

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on and they' pay a th bucks to onboard

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every customer and then we would get

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somewh rid of like 30% of the Billings

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that they had using the software and so

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even though they had churn at the

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customer level the affiliate level turn

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was really really low and so then it

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starts basically you start seeing

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Affiliates as like Revenue nodes and

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being like every affiliate on average

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brings me this is when you start getting

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the higher volume ones um it's like

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every affiliate on average can bring

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who meets these meets these criteria

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same an avatar for uh customers it's

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like the best Affiliates have you know

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these things in common and so every one

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of these is $5,000 a month uh in you

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know in in B Toc clients that they bring

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me and how much it cost get affiliate so

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basically you have a new LT cap ratio

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that you build up to at the affiliate

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level that really is just a bu version

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of the ratio the and then when you're

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when you're sourcing those those

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Affiliates are you just making straight

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affiliate deals or you them some sort of

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other incentive to promote your product

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so if you're doing many if you're doing

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a high volume approach which is what

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I've done almost every business I've had

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you have to put a lot of thought into

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like what you want the the mouse strap

play10:09

to look like in terms of what the

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incentives are um but I don't I don't

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like doing a lot of oneoff deals I like

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to just think more about like if they're

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like well I want something special as

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soon as you make one consideration then

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you have to like make then everything

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becomes custom and I hate that so it's

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like we buil this way you know this is

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buil to incentiv you it doesn't

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do we have an update on the when the

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affiliate feature will come out for the

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school communities the affiliate feature

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for school when that's

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Co after free trials an annual yeah you

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want that

play10:43

first yeah I'm going to do free trials

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like next then annual then

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Affiliates and I want to do all of it

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this year as fast as possible okay cool

play10:56

awesome yeah the

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can I ask about scaling and

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hiring um I would like to not be the

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only person left in here that doesn't

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have anyone helping don't really know

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about the best way to go about

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that good question well everyone here

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seems to have like solid partners and I

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don't even know where I would start with

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that is a good place right so that so my

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problem is my community I hate to use

play11:27

this word but it's kind of lowlevel so

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I've been trying to find people in there

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to elevate there might be some people

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but I haven't I haven't been like oh

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yeah like I I just haven't had that like

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the first month though right yeah month

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two month three now so just wait just

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keep waiting I mean if you talking about

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all you are then you're going get a good

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amount of exp which I think is not

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bad but I mean what are you looking for

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help yeah I'm just by myself you so like

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Ching it down

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you got you got you got sales you got

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Mar different function the businesses

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like which of these is the least

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valuable that you ha the most yeah I

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think all the all the super high

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intensity so like onboarding so I don't

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do anything we talked about because I I

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just I mean I did the best I could but I

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don't do onboarding calls I don't do any

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of that stuff um so like that stuff that

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I mean that would be the first thing is

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just increasing my retention and all

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that through other people and then it

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would be the fact that like I am not the

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best at pretty much anything I do so i'

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like to bring people that are the best

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at those things in like I teach branding

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and I have the smallest brand of

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everybody here like by far um but I

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teach it to the people that have a way

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smaller brand than me so it's like I'm

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just I'm the guy right now until until

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somebody else can come in I think sales

play12:50

is probably one of the first I mean well

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probably delate really just spends the

play12:54

point of so where like where you spend

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the most time that to is what you

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replace and and I and I'm still

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replacing from within that's like you

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can run you can do out it's the same

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like you run you run ads you make

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content you you do outbound the same way

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to get customers is to get

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employes the same thing like our our

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because recruiting is a really core

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confidency Comm so we do like each of my

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recruiters they do 40 plus out a day to

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like high value targets that we think

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are really really good specific company

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and they res L them because that's where

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that's where a lot of those people

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are but the longterm best is referrals

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but you have no people so you can't ask

play13:40

them for

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ref yeah but I think you can probably

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Source a

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low I think I could I think I just need

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a better uh after today I should have

play13:51

one but a better understanding of what

play13:52

that low Lev R looks like it's literally

play13:54

just looking at your time like where do

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you spend your time

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and whever you spend your time that's

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the cheapest and the cheapest thing to

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replace that you don't like the most is

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what you give to somebody else if I find

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if someone can't clearly Define it you

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don't need to hire anyone because when

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you need someone it's really obvious CU

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you're doing it every day it's taking up

play14:16

so much time it's killing you basically

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and you're

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like this this thing I need someone to

play14:23

do it yeah I mean when I did the

play14:24

one-on-one onboarding for 100 something

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people in two weeks I wanted that not to

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be me any you planning to do they

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ongoing well i' would like to I stopped

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doing it because I died the position

play14:35

then for example right yeah might be

play14:47

that so when it comes to dming Elon no

play14:50

I'm just kidding um so with the sales on

play14:53

that note uh looks like a lot of people

play14:55

even for the lower ticket groups are are

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benefiting from sort of like I would

play15:00

call them mini sales calls what would be

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your recommendation for the most

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efficient pitch to pull on the right

play15:08

motivator strengths for

play15:10

example I think many call I mean again

play15:13

this depends on price point but you

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could

play15:16

do and I I I'm going to say this for the

play15:18

the people at home who are watching like

play15:20

I started my career selling gym

play15:21

memberships at 99 bucks a month and I

play15:23

was like oneon-one in person and so like

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I think a lot of people have this like

play15:27

big ego around on sales other Ro pick

play15:30

one so you know um I think many vsl yeah

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I think many six minute 7 minute vssl to

play15:37

call to close is a super effective

play15:40

method whether you do that via you know

play15:42

stories to DM or comment to DM and then

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you go to the call it's a really it's it

play15:48

is arguably one of the most efficient um

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conversion mechanisms is there any

play15:53

specific structure for the pitch you

play15:55

recommend or I think the really just

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giving them Clarity so like I don't like

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I would not think about trying to be

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like clever or salesy it's just like

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this is what it is this is how it works

play16:05

here's proof that it

play16:07

works these next steps are this is what

play16:09

the and then for the call you recommend

play16:12

pretty much just getting their feedback

play16:14

on it or or asking questions or okay why

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are you here what's your problem over

play16:21

like what youed so far why that work

play16:29

uh just a general framework for

play16:31

increasing LTV uh just to give you some

play16:33

contact so inside our community people

play16:35

join in um we're obviously rating their

play16:38

content pieces there's a section called

play16:39

content review that's part of the

play16:41

long-term value proposition there's

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group calls and they've got access to

play16:45

the modules obviously the onboarding is

play16:48

also a part of that process I understand

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this is kind of contextual to our

play16:52

community

play16:53

but how can you add additional LTV

play16:59

I know it's a very gold question so I

play17:02

mean there's the levers are pretty

play17:04

straightforward so you've got increased

play17:07

price decrease

play17:09

costs add cross cells which is selling

play17:11

something else so like Max has the

play17:13

affiliate link so that's a cross cell

play17:15

you have upsells which is more of the

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thing that you just

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bought or better of the thing you just

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bought then you have Downs point of

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downs increase conversion technically

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decreases C more than increases LV

play17:29

increases your earnings per so like

play17:32

that's

play17:33

more getting more times which

play17:38

is cool thank you for school groups it's

play17:42

just annual and lower turn basically or

play17:45

sell something in that

play17:47

classroom

play17:49

yeah so thought when you said um like if

play17:52

the initial goal is just have like a

play17:54

million dollars in your bank of tax like

play17:57

I live in Sweden where we pay a lot of

play17:58

tax

play17:59

we pay a lot of tax like we have a 20%

play18:02

cor tax and then we have like 20% on the

play18:04

salary or 30 plus% Plus's the total just

play18:08

all up on salaries I get like 40% in my

play18:11

pocket if I take a salary right so 60% I

play18:14

pay to the

play18:15

government and

play18:18

then yeah yeah but like what you pay 60%

play18:21

is that what you

play18:23

see is that the no no no he pays 60 he

play18:27

pays 30 % income and then like 30%

play18:30

social fees so nobody can become rich by

play18:33

taking out salaries so you make 40

play18:35

That's the total amount yeah so then

play18:37

it's dividends right but we're the only

play18:39

country in the entire world where we

play18:41

cannot take out unlimited dividends like

play18:44

it's based on you can only take out 50%

play18:47

on the salaries that you PID to sweds

play18:51

and I don't have any I don't hire any

play18:53

people in Sweden so I'm not like oh you

play18:56

say they allow 50% of the salary of the

play18:58

company

play18:59

like the total payroll yes that's so I

play19:02

don't know what to do like so like the

play19:05

people helped me with the T or like with

play19:07

the with my T thing they're like yeah

play19:09

Max yeah they're like Max you should

play19:12

like start hiring some people I'm like

play19:13

why like just so I can pay more

play19:16

dividends the good news is that your

play19:18

every country besides America you just

play19:20

leave the country you get to still be a

play19:21

citizen and then you can just live at

play19:23

the tax rate of their country Americans

play19:25

I can move to Dubai and I'm still going

play19:27

to pay 40% you can you can go to PR I

play19:30

live in PR yeah but PR sucks but is that

play19:34

the move like my entire business isn't

play19:36

in the US like everything that I do

play19:39

is if you if you got a Visa whatever you

play19:42

would be able to pay

play19:44

37% four go to Dubai and PID

play19:48

10% and stay at full night

play19:51

yeah is that move like Dubai is how to

play19:55

get to close to zero Puerto Rico is

play19:57

close to zero

play20:00

bro I would I would go to Dubai stack up

play20:02

for two three years and then live where

play20:03

you want you're young Dubai seems to be

play20:06

the most common move I just buy a canoe

play20:09

you

play20:12

go the hard part I heard about Dubai is

play20:14

the time zone right but and it's hot as

play20:17

well summer years you

play20:20

know I think mol's low Tex in Europe

play20:24

yeah but it's like it basically comes

play20:26

down to don't live in Sweden bro you got

play20:27

to get out of there bro 60% yeah what

play20:30

been saying what you can do is you could

play20:32

have not getting into like complex

play20:34

structures but like if you if you

play20:35

incorporate outside of your country and

play20:38

then you Bank outside of that country um

play20:41

then nothing really ever hits the

play20:43

country you just can't you can't

play20:45

patriate the dollars so you can't take

play20:47

the money that you have in that entity

play20:50

in you know Malta or whatever or the C

play20:53

Islands you can't take that money in but

play20:55

you can continue to use that company to

play20:57

do whatever you want to do

play20:59

so like you probably live off of your

play21:02

salary anyway so you can pay yourself a

play21:03

salary as a as an employee of the

play21:06

company in a different

play21:07

country and then you just keep all money

play21:10

inside of that that corporate structure

play21:13

that's in a

play21:17

different well the money has to stay

play21:20

there and then we also have a strange

play21:22

rule that if you have a holding company

play21:23

you can put all your money there and

play21:24

then you can freeze the money for five

play21:26

years and then you can get out 25% but

play21:28

then you can't do any other crypto like

play21:31

it's so

play21:33

weird yeah so I don't know what to do

play21:36

like it feels like the move is just to

play21:38

like like don't live in Sweden no more

play21:40

yeah I mean you're describing the isue

play21:41

that people War over so

play21:43

yeah they're like I work all day and I

play21:46

get four months of the year yeah is what

play21:48

I get paid when I get to June it's like

play21:50

oh and I just work free for the rest

play21:52

of oh not even even that

play21:55

yeah do you like it though Sweden

play21:58

I do like but I guess I'm just biased

play22:01

because I live there I haven't lived in

play22:02

any place else so I guess I can just

play22:03

live someplace else as well if if

play22:07

America didn't have Global taxation i'

play22:10

far

play22:13

more where I like to buy a lot I just

play22:17

don't want to X I don't want to give up

play22:20

my I'm not there yet and and it takes a

play22:24

few years too well you also have exit

play22:26

tax yeah you that is the US you have to

play22:29

pay 20% on everything you own without

play22:31

having sold it so they would value

play22:35

school they would value.com and they be

play22:37

like it's worth this 20% of that is what

play22:40

you owe I'm like all right well that's

play22:43

yeah more cash than I

play22:46

have like you go to

play22:50

jail choose your jail basically exactly

play22:53

so like so a lot of people who who do

play22:55

exit in the US it's like they do an

play22:57

actual exit actually sell their company

play22:59

so like I could have exited when I sold

play23:01

gym launch Allen and Prestige LA and my

play23:03

house I sold everything in one year in

play23:04

2021 so like everything was you know

play23:06

money was free I was like all right I'll

play23:08

sell now so like at that point is when I

play23:10

sold like I could have been like I'm

play23:12

experting now and I wouldn't have to pay

play23:14

again because I just paid capital gain

play23:15

on it so already been valued and it the

play23:16

tax but then I sted up again was

play23:22

like but at some point like the the big

play23:25

realization that I had which still

play23:27

applies in swed

play23:28

um

play23:31

is the value of the company that you

play23:33

build will compound at a much faster so

play23:36

like right now everyone is living on

play23:37

income and there's nothing wrong with

play23:39

that that's fine but when I looked at

play23:40

like the richest people in the world

play23:41

they all were like in California I was

play23:43

like wait how's that work it's like if

play23:45

this was such a drag then I'm not

play23:48

understanding this game correctly so was

play23:50

like oh it's because the value of the

play23:51

asset that they're building grows at

play23:53

such a fast rate and the value grows tax

play23:55

free so you don't a well tax in

play23:59

not sure yeah

play24:01

probably you would

play24:03

know and so then you take loans against

play24:06

that thing and the loans are taxe and so

play24:09

that's where like Elon can take a loan

play24:11

against his Tesla shares and buy Twitter

play24:12

for $44 million or billl

play24:15

EXC just takes a loan against an asset

play24:18

have to pay taxes

play24:22

Lo makes sense so it's like that's how

play24:25

that's how the they exit the tax you you

play24:29

Min in some ways you start trying to

play24:30

minimize your distributions and just

play24:32

keep reinvesting in the business so then

play24:34

the business explodes in value but

play24:35

you're not paying tax on the value of

play24:36

the business and then you can take loans

play24:37

against the value of the

play24:40

business that's the biger bigger

play24:44

Point yeah maybe Sweden's

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