How I Made $13.2M Starting From $0

The Matt Gray Show
28 Jul 202420:39

Summary

TLDRThe video script outlines a modern approach to entrepreneurship, emphasizing the founder-led business model. It highlights the importance of personal branding and leveraging one's unique strengths and passions to build a business that aligns with one's lifestyle and goals. The speaker shares insights on identifying one's niche, creating content, and effectively targeting and converting an audience into a monetized customer base, ultimately achieving financial freedom and living a dream lifestyle.

Takeaways

  • 🚀 The modern entrepreneur doesn't need a physical office or team to start a business; personal branding and a founder-led business model can be the foundation.
  • 💡 Entrepreneurship has evolved to prioritize personal happiness and goals, allowing for a business built around the founder's desires and lifestyle.
  • 🌟 The speaker's business model, 'founder OS', is an example of a successful founder-led business, generating significant revenue while providing the freedom to live a dream lifestyle.
  • 🔑 'Founder Freedom' encompasses full control over work, location, social connections, and financial aspects of life, which is a key aspect of the new entrepreneurship.
  • 📈 The 'IY Guy' exercise from Japan is recommended for identifying one's unique niche by intersecting what one is good at, can be paid for, and loves to do.
  • 🛠 Building a personal brand involves establishing expertise and creating an online presence, which can attract a client base and increase demand for one's services.
  • 📚 The 'founder-led business model' begins with self-analysis, connecting personal needs, wants, and goals with the business to create a unique offering.
  • 📈 Scaling a personal media company involves leveraging cash flow to hire creative professionals, which can help in content creation and brand scaling.
  • 🎯 Targeting the right audience is crucial for business success; it involves focusing on a specific type of person who is passionate and able to afford the offerings.
  • 💌 Lead magnets are valuable for converting email sign-ups and can include a range of content types, from PDFs to free trials, which provide value upfront.
  • 📈 Creating an irresistible offer based on audience needs and interests is essential for converting a rented audience into a monetized one, with various offer tiers from low to high ticket.

Q & A

  • What is the new wave of entrepreneurship mentioned in the script?

    -The new wave of entrepreneurship refers to the founder-led business model where the business is built around the personal brand of its founder, using their personality as the hero of the brand.

  • What is the founder OS mentioned in the script?

    -Founder OS is a term used to describe a business system built entirely around the founder's wants, dreams, desires, goals, and lifestyle, encompassing everything they want and nothing they don't want.

  • What does the founder-led business model prioritize?

    -The founder-led business model prioritizes the founder's happiness and goals when building a business, allowing for a more personal and fulfilling entrepreneurial journey.

  • What is the concept of 'founder freedom' in the context of the script?

    -Founder freedom refers to having full control over the four W's in life: work, where, with whom, and when, which means having the freedom to work on what you want, where you want, with whom you want, and when you want.

  • What is the 'iy guy' exercise mentioned in the script and its purpose?

    -The 'iy guy' exercise is a method to discover your personal niche by listing what you're good at, what you can be paid for, what the world needs, and what you love to do. It helps in identifying the intersection of these areas to define your unique niche.

  • What are the two routes for developing a niche as described in the script?

    -The two routes are 'owning your niche', where you become an expert in a specific subject, and 'becoming the niche', where you leverage your unique insights and experiences to connect with your audience on a personal level.

  • What is the importance of having a personal media company in the founder-led business model?

    -A personal media company helps in establishing the founder as a true expert in their area, building a pipeline of clients, and increasing demand, which in turn allows for higher charges, more customers, and the building of a massive empire.

  • What are some of the key components of a successful personal media company?

    -Key components include having a clear content strategy, hiring creative weapons or writers to scale the brand and message, and focusing on ideation and execution while leveraging cash flow to hire the necessary talent.

  • What does the script suggest for targeting the right audience for a founder-led business?

    -The script suggests targeting an audience with precision by focusing on quality over quantity, finding passionate people about a specific topic, and ensuring the audience can afford to purchase what is being sold.

  • What is the significance of a lead magnet in converting an audience into leads?

    -A lead magnet is a valuable piece of content offered in exchange for an email sign-up, which helps in proving authority, solving part of the customer's problem for free, and making the rest of the solution an easy purchase.

  • What are the different tiers of offers mentioned in the script for monetizing an audience?

    -The tiers of offers include low ticket courses, paid communities, service-based businesses and consulting, and high ticket masterminds, each serving different purposes and price points in the monetization process.

Outlines

00:00

🚀 Embracing the Founder-Led Business Model

The script introduces a shift in entrepreneurship where traditional resources are no longer a barrier to starting a business. It emphasizes the founder-led business model, which leverages the founder's personal brand as the business's hero. The model prioritizes the founder's happiness and goals, allowing for a lifestyle business that generates significant revenue. The speaker shares their experience with 'founder OS', a business built around their personal desires and lifestyle, which successfully brings in substantial monthly revenue. The script also touches on the challenges of balancing business growth with personal happiness, advocating for 'founder freedom' that provides control over work-life aspects.

05:00

🌟 Building a Personal Brand and Niche

This paragraph delves into the importance of personal branding and establishing oneself as an expert in a specific niche. It discusses two strategies: owning a niche by becoming the go-to expert on a particular subject, and becoming the niche by leveraging unique personal insights and experiences. The speaker shares their journey of building an audience and revenue through personal branding. The section also covers the benefits of having a personal media company and the strategies for scaling content creation through hiring writers and leveraging social media effectively.

10:01

🎯 Targeting the Right Audience for Business Growth

The focus of this paragraph is on identifying and targeting the right audience for a founder-led business. It advises on precision in audience selection, emphasizing the importance of finding people who are passionate about the topic and have the ability to pay for the products or services offered. The speaker shares lessons learned from past experiences, such as the mistake of targeting an audience that couldn't afford their offerings. The paragraph also introduces the concept of a 'perfect social funnel', which includes a newsletter, strategic calls to action, lead magnets, and an irresistible offer to convert the audience into paying customers.

15:02

📈 Crafting Irresistible Offers to Monetize Your Audience

This section discusses the process of creating and pitching offers that resonate with the audience and lead to monetization. It suggests listening to the audience's needs and packaging them into compelling formats. The speaker outlines different tiers of offers, from low-ticket courses to high-ticket masterminds, and explains how each can contribute to significant revenue. The importance of creating a sales page and email sequence is highlighted, along with the strategy of converting the audience through direct sales or automated systems.

20:04

🏆 The Journey to Founder Freedom and Business Success

The final paragraph wraps up the video script by reinforcing the concept of 'founder freedom' and the journey to building a successful business. It acknowledges the challenges faced by entrepreneurs and offers encouragement, promising to share a sales system in a future video. The speaker invites viewers to follow a series on building an audience from scratch and wishes them success on their entrepreneurial path, ending on a motivational note with a reminder of the joy that comes from achieving business milestones.

Mindmap

Keywords

💡Entrepreneurship

Entrepreneurship refers to the process of designing, launching, and running a new business, which typically involves taking on various risks to create something of value. In the video, entrepreneurship is portrayed as an evolving landscape where traditional barriers such as needing an assistant or an expensive office are no longer mandatory. The script emphasizes the new wave of innovators leading businesses with a personal brand, which is central to the founder-led business model.

💡Founder-Led Business Model

The founder-led business model is a concept where the business is built around the founder's personal brand, leveraging their personality, goals, and lifestyle as the core of the company's identity. The video discusses this model as a way to prioritize the founder's happiness and goals while building a business, using the speaker's own business as an example, which brings in significant revenue without the need for traditional business infrastructure.

💡Personal Brand

A personal brand is the unique image or identity that an individual projects, often used to establish themselves as an expert in their field. In the context of the video, the personal brand is crucial for the founder-led business model, as it helps attract a community and customers who resonate with the founder's values and vision. The script illustrates this with the idea of using one's personality as a 'hero' for the business's brand.

💡Founder Freedom

Founder Freedom is a term used in the script to describe the autonomy and flexibility that founders have in their business and life. It encompasses full control over the four W's in life: work, where, with whom, and when. The video promotes the idea that with the right business model, founders can achieve financial freedom and location independence, working on their terms and pursuing their passions.

💡Iy Guy Exercise

The 'Iy Guy' exercise is a method mentioned in the video for discovering one's personal niche or 'reason for being'. It involves creating four lists to identify what one is good at, what can be monetized, what the world needs, and what one loves to do. The intersection of these lists reveals one's unique niche, which is essential for building a founder-led business model. The video speaker uses this exercise to find their passion for systems, growing audiences, and helping founders.

💡Niche

In the video, a niche refers to a specialized segment of the market that an entrepreneur can target with their products or services. The speaker discusses the importance of identifying and becoming part of a niche, which allows for a more focused approach to building a business and attracting a dedicated audience. The video also differentiates between 'owning a niche' by specializing in a specific topic and 'being the niche' by leveraging one's unique personal brand.

💡Content Creation

Content creation is the process of producing various forms of content to engage and attract an audience. The video emphasizes the importance of content in building a personal media company and leveraging it to scale one's brand. The script suggests that entrepreneurs should not try to master all aspects of content creation but rather assemble a team to execute their vision, focusing on formats that align with their niche.

💡Lead Magnet

A lead magnet is a valuable piece of content that is offered for free in exchange for contact information, typically an email address. The video discusses the effectiveness of lead magnets in increasing leads and suggests that they can be in various forms such as PDFs, video series, or workshops. The script uses the example of offering '50 systems to generate 1 million per month' as a lead magnet to grow a newsletter subscriber base.

💡Sales Funnel

A sales funnel is a series of steps designed to guide potential customers through the purchasing process. In the video, the speaker describes creating a 'perfect social funnel' that includes a newsletter, strategic calls to action, lead magnets, and an irresistible offer. The goal is to convert the audience's interest into revenue by nurturing them through the funnel with valuable content and offers.

💡Monetization

Monetization in the context of the video refers to the process of converting an audience into a source of revenue. The speaker discusses various tiers of offers, such as low-ticket courses, paid communities, consulting services, and high-ticket masterminds, as ways to monetize an audience. The video emphasizes the importance of understanding the audience's needs and desires to create compelling offers that they are willing to pay for.

Highlights

Entrepreneurship is evolving, allowing for a new model of business that prioritizes the founder's personal brand and happiness.

The founder-led business model leverages the founder's personality as the hero of the business brand, attracting a paying community.

Founder OS is a system for building a business entirely around the founder's desires, goals, and lifestyle.

The founder-led business model enables living a dream lifestyle while generating significant revenue, as evidenced by over $850,000 a month.

Founder Freedom emphasizes full control over the four W's of life: work, where, who, and when, leading to time and location independence.

The hustle culture's negative impact on entrepreneurship is discussed, highlighting the importance of sustainable business practices.

The importance of understanding one's 'Iy Guy' or reason for being, as a method to discover one's personal niche in business.

The concept of owning a niche versus becoming the niche, and the benefits and drawbacks of both strategies for personal branding.

Building a personal media company as a scalable strategy for content creation and brand building.

Investing in a personal brand can be broken down into hiring writers and social managers to scale content creation.

The significance of targeting the right audience with precision to ensure a passionate and financially capable customer base.

Creating a compelling offer that resonates with the audience's desires and problems, turning passion into profit.

The five tiers of offers ranging from low-ticket courses to high-ticket masterminds, each with their unique benefits.

The importance of creating a sales page and email sequence to effectively convert an audience into paying customers.

The joy and challenges of achieving the first sale and the importance of a sales system for scaling a business.

The channel's focus on building businesses that free founders to live the life they want, not creating restrictions.

An invitation to learn more about building an audience from 0 to 100,000 followers through a series of educational videos.

Transcripts

play00:00

[Music]

play00:01

I know what your problem

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is you think you have nothing and you

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want to start a

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business 5 years ago that might have

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been a problem and there's never been

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more pressure to become an entrepreneur

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than

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today the good news is entrepreneurship

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is changing you don't need some

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assistant some full-time filmmaker an

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expensive office or an expensive desk

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the truth is there's a new wave of

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innovators that are doing

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entrepreneurship right

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leading a business with the personal

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brand of its founder using their own

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personality as a hero for the business's

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brand transforming the ingredients

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needed to attract a paying Community

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this is the founder-led business model

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and it allows you to prioritize yourself

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your happiness and your goals when

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building a business I spent the past 3

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years testing this formula creating

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systems to build my own founder-led

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business founder OS a business built

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entirely around myself my wants my

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dreams my desires my goals my life

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lifestyle everything that I want and

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nothing that I don't want and the crazy

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thing is it

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works I get to live my dream lifestyle

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while founder West brings in over

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$850,000 a month in Revenue I can work

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when I want on what I want wherever I

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want with whoever I want this is the

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evolution of Entrepreneurship this is

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the founder Le business model this is

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how to start a business from nothing

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starting with yourself

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today starting a business isn't

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necessarily the hardest thing every

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influencer and their sister has a

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product or a course or a merch line they

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would call a business but starting a

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business and growing it while actively

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tending to your happiness that's the

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challenge and this is where founder

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Freedom comes

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[Music]

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in founder freedom is full control over

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the four W's in life work where you want

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on what you want with who you want when

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you want it's time location and

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Financial Freedom the hype of hustle

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culture drove so many people into the

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deep end of Entrepreneurship without the

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education or the tools to participate in

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this world sustainably even I lost

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myself while building my first business

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bitmaker which was an in-person coding

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school from the outside everything

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looked good but inside it was one of the

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most frustrating experiences of my life

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I hated running an inperson

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brick-and-mortar business it was the

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worst it took everything in my soul not

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to break but I realized a ton about

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myself looking back it's obvious that

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bitmaker wouldn't fulfill my dreams but

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if it wasn't for bitmaker I'd never have

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known what I truly wanted and how to

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avoid what I don't want your

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entrepreneur Journey doesn't have to

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start with lessons learned the hard way

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Embrace founder freedom and focus on the

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founder you give yourself clear answers

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around how you want to live where you

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want to work and who you want to work

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with and how much you need to make for

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me I wanted to live between global

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business hotspots working wherever I

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want and having the freedom to travel

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and to be close to Nature answer those

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four questions and you've defined

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founder Freedom you can now start

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building your founder-led business model

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the vehicle everyone must use to thrive

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in this new age of Entrepreneurship

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every founder-led business model starts

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with an analysis of the founder that's

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you that's me that's

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[Music]

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us to connect your business directly

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with your personal needs wants goals and

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dreams you have to look inward my

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favorite method to discover your

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personal Niche is the iy guy exercise iy

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guy is a concept in Japan that stands

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for your reason for being so your iy guy

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consists of four different lists but

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once you're done this you can see that

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this area here that's your iy guy and so

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you're going to go and you're going to

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fill this in with what you're good at

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what you can be paid for what the world

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needs and then what you love to do you

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you may go and find that as you look at

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these four different quadrants there are

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some commonalities and what I'd

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encourage you to do is try to go and

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fill at least five things out in each of

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these different sections the topics that

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meet in the center represent your unique

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Niche this changed everything for me for

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my icky guy I discovered that I love

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systems growing audiences building

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communities and traveling the world and

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helping Founders this is my Niche I help

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Founders get to $5 million profit a year

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using the proven systems I've created

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over the past 15 years creating four

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profitable companies if I were to

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simplify it down to one word it would be

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systems but I don't just see myself

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making stuff only around systems I talk

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about my Curiosities the things that

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inspire me my travels my interests my

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strengths I'm able to do all of this

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because I'm doing things that I'm

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passionate about I'm passionate about

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traveling and meditation cold baths

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saunas nature and the list goes on at

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the intersection of this diagram isn't

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just a business that you love it's a

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business where you love the customer and

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then to communicate with that customer

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you need to become the

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[Music]

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niche and to do that you need to

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understand people follow people and then

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they follow Brands it's important that

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every brand has a Founder that is

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building their own personal brand having

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an online presence establishes you as

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the true expert in your area it gives

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you a packed pipeline of clients that

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you can tap into at any moment and it

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makes you even more in demand allowing

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you to charge more drive more customers

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and build a massive Empire there are two

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routes forward with your Niche both work

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but there's one that I really love first

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you can own your Niche this is when you

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pick a subject and then go all in on it

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you own a word in the customer's mind

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you're the productivity guy or the

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habits guy or the stoicism guy on the

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positive side this builds a highly

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targeted audience fast you become the

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go-to expert and the trigger when people

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hear that they come to you and people

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want the solution that you provide the

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downside is that you can end up stuck in

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a single Niche and you get a little

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pigeon hold so the alternative to then

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owning Niche is just to become the niche

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think about it you're the only one who

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has access to your own unique insights

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curiosity I ities mistakes achievements

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lessons tools and tactics there's no one

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else who knows as much about you as you

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this shift alone was a dramatic change

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and helped me then grow an audience of

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over 3 million people around myself and

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then feed all of my businesses which are

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now doing over $13 million a year in

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Revenue with this approach you want to

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discuss a handful of related topics

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regularly but those topics are more

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focused on your personal brand than on a

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single company topic you're trying to

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make people feel connected to you

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because again you are the niche the

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downside of a person first brand is it

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become challenging to monetize if you

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don't also have a bunch of businesses

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around you and a clear problem you're

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looking to solve for your audience and

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you risk people coming to you more for

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entertainment than to charge that's why

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I recommend starting somewhere between

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these two areas right you're both going

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to become the niche while also owning a

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word in the mind of your customers then

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look at the edges of where your

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interests are and see where it overlaps

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with your ideal audience members

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problems and desires then you can create

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a brand around solutions that address

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those problems but overlap with who you

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are you'll have a unique Niche and a

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personal mode around everything that you

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do but to embrace your Niche you need to

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embrace

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content and this is where the system of

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building your own personal media company

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comes into

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[Music]

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play there's still too much of this

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Creator approach to content whereby you

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must master all of the elements of

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content yourself if you're an

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entrepreneur your superpower is

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assembling a team making decisions and

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then executing a Clear Vision how are

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you going to do that well you're making

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tons of YouTube videos from adz building

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a newsletter your audience on X and

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Linkedin all by yourself if you're

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starting out you likely will have to do

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a lot of it yourself but once you've

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landed on your Niche two to three

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formats you want to pursue you are ready

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to leverage your cash flow to hire some

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creative weapons dedicated to scaling

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your brand and your message and here's

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the real numbers behind a successful

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personal Media Company let's just say

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for example you have 12K to dedicate to

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your own personal brand the 12K

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investment can be broken down into a

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couple of options option one is you hire

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a weapon of a writer as a contractor for

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around 7K and then have them handle all

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the social content on your newsletter

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then also hire a newsletter writer to

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handle a newsletter one time a week at

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around around 3 to 5K per month option

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two is you hire a full stack writer as a

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contractor that can handle all of your

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Social content and your Weekly

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Newsletter this person is going to work

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likely part-time solely on your content

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and this will probably cost around 8 to

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10K per month if you go with option two

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you'll have a full stack writer to

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publish 14 x posts per week seven long

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form LinkedIn posts per week and one

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highquality newsletter per week you'll

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need to ensure that you bring on this

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writer that has loads of experience

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writing on the platforms that you're

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looking to grow on which is likely X and

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Linkedin the strength of this strategy

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is that it can help you build leverage

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you're getting help now with writing the

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content so you can go and spend time on

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bigger things in your business you are

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also able to focus your energy on

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ideation and then helping with execution

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the downside is that you still got to be

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pretty involved in your content strategy

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you need to come up with ideas edit

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content and ensure tight alignment

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between your content and brand

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guidelines with 2 to 3K more of your

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business's Revenue dedicated to your

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personal Media Company you can increase

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the salary of the writer to then come up

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with the ideas that you'll execute on

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inside of your content strategy while

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still employing a social manager to post

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all of that content that way you can get

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off the content hamster wheel entirely

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this is where you move from just the

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Creator to the CEO back into your zone

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of Genius you now have four out of the

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five ingredients of the founder-led

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business model you understand founder

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Freedom you identified your reason for

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being your icky guy and you are

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dedicated to either becoming or owning

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your Niche and you have the first steps

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of a highly scalable personal Media

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company to power your brand through

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content and now you have to sell it and

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to sell it you first need to Target the

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Right

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audience most Founders use some spray

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and pay method and that never works you

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want to move with surgeon like Precision

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focus on quality over quantity find the

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right people and then draw them in there

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are 8.1 billion people on the planet and

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you can't help them all narrow down your

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audience to a specific type of person if

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you're teaching health and fitness

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narrow it down Health and Fitness for

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film industry professionals Health and

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Fitness for working moms Health and

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Fitness for recovering athletes in the

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first 6 months following an accident the

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more specific you can be there the more

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comp telling your online presence will

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be for the right person second go after

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a topic people are already passionate

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about fashion heads don't need to be

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convinced to go and get the newest pair

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of sneakers Apple enthusiasts follow

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every single keynote and product drop

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you don't want to have to persuade

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people that they need your offer find

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that passion then direct it towards a

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specific version of what you're creating

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criteria three for your ideal audience

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member is who can buy at the the end of

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the day you have to be realistic about

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whether or not your audience can

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actually afford to purchase what you're

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selling about 6 years ago I had the idea

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for something called Trail AI it was an

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AI that would essentially help real

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estate agents and financial services

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folks with synthesizing all the data and

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reports that they have and then getting

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those to their clients I'd get on calls

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with these folks and I'd get green

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lights they were excited the only issue

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was that they weren't really the buyer

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they didn't have the money or the

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ability to pay I quickly realized that

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was building something for the wrong

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audience and this was much more of a

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large corporate play every business

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owner has experienced this an audience

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that's passionate but has no money so

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pick an audience that's ready to spend

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money either to solve their problems or

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to get deeper into what they love an

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audience full of people who are in love

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with what you're talking about is the

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goal that audience is a Tinder Box of

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Revenue that you need to ignite with the

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perfect social funnel the perfect social

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funnel consists of a newsletter

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strategically placed ctas killer lead

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magnets and an irresistible offer create

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your newsletter on convert kit it's the

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best platform for Founders when I

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discovered convertkit it blew everything

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I tried beforehand out of the water it

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is hands down the best place for your

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newsletter on the internet you want to

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create a focused landing page that

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really sells what your newsletter is and

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is an incredible resource for your ideal

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audience member here's an example of

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what my signup page looks like all right

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so this is my signup page here anyone

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that goes and signs up on found.com

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newsletter this will drive you to my

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convertkit newsletter and so the key

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components of this page as you can see

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there is no ability to scroll on this

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page so all you can do is enter your

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email from there there's a bold headline

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right the only newsletter you need to

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grow your personal brand and then from

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there a little bit more information on

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why you should join including a valuable

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lead magnet to get you 50 systems to

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generate 1 million per month and then we

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have overwhelming social proof here from

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a group of absolute Legends so that's my

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sign up page 101 now go make yours your

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focus sign up page is important for

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converting traffic since you'll be

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sharing it across all of your Social

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channels I call this process my call to

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action system you want to go on a

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massive campaign to add that link to as

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many places as possible across your

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social media presence here are 20 places

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I incorporate my call to actions across

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Instagram LinkedIn X Tik Tok YouTube and

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my podcast you're going to want to put

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in your Instagram bio Instagram stories

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LinkedIn about section LinkedIn bio

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LinkedIn featured section LinkedIn cover

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photo LinkedIn Carousel ending your X

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bio X cover photo X end of a tweet X end

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of a thread Tik Tock bio your Tik Tok

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video CTA YouTube bio YouTube

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description YouTube about section

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YouTube cover photo and a YouTube 15sec

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commercial with the CTA as well as in

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your podcast descriptions if you want to

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get my CTA system and learn how to

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implement all 20 of these call to

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actions across all the six platforms

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then go to the description of this video

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right below the like button which you

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should press anyways while you're down

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there this is the guide I wish I was

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given when I wanted to grow my email

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list as fast as possible if you really

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want to increase newsletter conversions

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I recommend lead magnets according to

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HubSpot companies see a 50% increase in

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leads when they use a lead magnet

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compared to companies that don't a lead

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magnet is a Hy useful piece of content

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that's gated behind an email sign up it

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could be an in-depth PDF download

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multi-part video series webinar Workshop

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Workshop recording an email mini course

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specialized Insight quiz ebook white

play15:44

paper checklists free systems playbooks

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or even a free trial you can prove your

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Authority by solving a piece of the

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problem for the customer for free and

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then the rest of the solution is an easy

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purchase away my belief is that the more

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generous you are The More Everything

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grows around you you know it can be

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scary creating something that truly is

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amazing and then giving it all away for

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free sounds nuts but I think having an

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abundance mindset always wins

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reciprocity is one of the strongest

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forces in humanity you give and then you

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get so for me I always challenge myself

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to give away what I know you're now

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ready to connect your passion to profit

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by pitching your audience on an

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irresistible offer so they can become

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your monetized audience this is your

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most valuable audience audience and this

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is the part I love because you're

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already creating a system that

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automatically is creating trust between

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you and your audience and finally what

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should you actually provide in your

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offer well now that you have an audience

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they're probably already telling you

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what they want from you I like to listen

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to what my audience regular ask for in

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my YouTube comments email responses and

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in in-person Live Events and I just

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observe the topics that resonate with my

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audience and if people are passionate

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about a certain topic well they're

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probably willing to pay for related

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products or services around that thing

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if that's the case all you have to do is

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then package it up into a compelling

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format that works for you here are five

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tiers of offers I recommend low ticket

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offers are great because they're a low

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barrier to entry you can get people into

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your ecosystem with very minimal

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friction for example you can expand a

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low ticket course into then a high

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ticket course upsell or you can take

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part of a higher ticket course and then

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create the lower ticket course from that

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paid communities are amazing as well

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they're a great form of recurring

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Revenue you're bringing people together

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to learn and have fun you get paid to

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talk about things that you love while

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making meaningful connections amongst an

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amazing group of people the community

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can also be an incredible internal

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referral source and you have a pre-sold

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audience that you can then upsell other

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products or services to service-based

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businesses and Consulting are the lowest

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barrier to entry with great margins if

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you're doing it right Consulting in

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particular is one of the easiest

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businesses to get traction with and what

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I recommend every every successful

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founder starts with if they don't know

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where to begin finally let's dive into

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masterminds these are ultra high ticket

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products where you do group coaching

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experiences and education over a longer

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period of time with a consistent group

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of high performers often the point of a

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mastermind is personal connections to an

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exclusive crowd the price point is the

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barrier to entry and the math of getting

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to six figures once you have a

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compelling offer is simpler than it

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appears for example consider 20 people

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buying a $5,000 course or 50 people

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paying $2,000 for consulting or just

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over 500 people buying your low ticket

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$197 course all of these are routes to

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100K if you mix and match you can get

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there even faster once you have your

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irresistible offer it's time to share it

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and convert your rented and Ed audience

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to monetized First create a sales page

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for the offer using similar principles

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to your focus signup page for your

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newsletter right you're going to have a

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bold headline hero images social proof

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to make it so irresistible people can't

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say no then incorporate that link into

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your profitable profile create an email

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sequence that automatically launches

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after they download a lead magnet and

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then launch it to your entire list for

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the first time when your offer debuts

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then continue to feature it as a main or

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recurring CTA in your newsletter I've

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created businesses where sales are

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generated directly from the sales page

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but in my experience the higher ticket

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your product is the more likely you're

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going to want to actually sell sell the

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customer directly when I was just

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getting started with bitmaker you know

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we priced the program at about $11,000

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we'd go on to increase the price of

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things to around $5,000 but I remember

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the Joy on my team's face when we saw

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that first $1,000 come in for the first

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person that would join our technology

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school and learn to code I don't know if

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I could sell anything else that would

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bring me as much joy as that first sale

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I got I think the hardest money that

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you're ever going to make is the first

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time you get to 20K per month you have

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no idea what you're doing I know because

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I've been there and I can tell you this

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you're going to get through it you will

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need a sales system in place but I'll

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let you get started with your business

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and then I'm going to give you that in

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another video this channel is about

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building businesses not prisons freeing

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us the founders to do what we want in

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life if you want to do the same and

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haven't already watched my full series

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I'm building your audience from0 to

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100,000 followers you can click this

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video here to start learning thanks for

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watching and good luck on your founder

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journey I wish you all the success

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possible

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[Music]

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