Tai Lopez on “How to scale a Coaching Business to $10,000,000/month” - LIVE Mentoring

Niklas Pedde
5 Oct 202333:52

Summary

TLDRIn this business mentorship session, the focus is on scaling a business to achieve a monthly revenue of a trillion dollars, aiming to surpass the global GDP. The current business model, which relies heavily on influencer marketing and affiliates, is discussed, with strategies such as implementing SMS marketing, developing a recurring revenue stream, and diversifying marketing efforts to include paid advertising. The mentor emphasizes the importance of controlling the narrative, creating a tribe-like following, and the potential of long-form content to solidify brand loyalty and credibility.

Takeaways

  • 😀 The goal is to scale the business to a level where it surpasses the global GDP and runs through the business's bank account.
  • 📈 The current business model is based on influencer marketing and affiliate marketing, with a significant growth from 1.6 million to 3.3 million in monthly revenue.
  • 🤝 The business has a partnership structure and is open to implementing new strategies like outbound sales teams.
  • 📱 There is an emphasis on the importance of SMS marketing and the need to build an SMS list for better customer engagement.
  • 📈 The speaker suggests diversifying marketing strategies, including the introduction of paid advertising to complement organic reach.
  • 💡 The concept of 'push' and 'pull' marketing is introduced, with the speaker advocating for a balance between the two to maximize business growth.
  • 📚 The speaker discusses the importance of having a comprehensive business structure, likening it to the military's division of forces for effectiveness.
  • 🔑 The idea of creating a 'tribe' or community around the brand is highlighted as a strategy for business growth and loyalty.
  • 🔄 The speaker emphasizes the need for recurring revenue in the business model to ensure stability and scalability.
  • 📈 The strategy of focusing on the top-performing areas (60%), developing new areas (30%), and having a backup plan (10%) is suggested for sustainable growth.
  • 🌐 The importance of controlling all aspects of content creation, from short to long-form, is stressed to maintain a competitive edge in the market.

Q & A

  • What is the primary goal discussed in the transcript for the business?

    -The primary goal discussed is to scale the business to make a trillion dollars a month, eventually running the entire Global GDP through the business's bank account.

  • What is the current monthly revenue of the business mentioned in the transcript?

    -The business is currently making 3.3 million dollars a month in cash collected.

  • What marketing strategies is the business currently using?

    -The business is primarily using influencer marketing and affiliates on Instagram, without running any paid advertising.

  • What is the nature of the product or service being offered by the business?

    -The business offers training on how to start and monetize social media profiles, either with one's own product or mainly through affiliate products.

  • What is the speaker's approach to business divisions?

    -The speaker divides business operations into 14 divisions, drawing a parallel to the military's structure, emphasizing the importance of not missing any division for effective business operations.

  • What is the speaker's advice on outbound sales for the business?

    -The speaker suggests implementing an outbound sales team that calls potential customers after they provide their name, email, and phone number.

  • What is the speaker's view on affiliate marketing?

    -While acknowledging the effectiveness of affiliate marketing, the speaker advises caution as building a business solely around affiliates can lead to potential legal and financial issues.

  • What is the '60 30 10' philosophy mentioned by the speaker?

    -The '60 30 10' philosophy suggests putting 60% of energy into the current best-performing strategy, 30% into developing secondary business opportunities, and 10% into a completely different backup plan.

  • What does the speaker suggest regarding the introduction of a recurring revenue stream?

    -The speaker recommends introducing a recurring revenue product to make the business more stable and salable, and to ensure a consistent cash flow.

  • What is the importance of content length variety according to the speaker?

    -The speaker emphasizes the importance of creating content in various lengths to cater to different audience segments and to ensure a competitive edge in the market.

  • What advice does the speaker give on leveraging social media platforms like Instagram?

    -The speaker advises to grow the business's own social media accounts, including Instagram and YouTube, and to create high-quality content that can be boosted to increase brand visibility and credibility.

Outlines

00:00

🚀 Scaling Business to Trillion-Dollar Ambitions

The speaker outlines a business mentoring approach aimed at dramatically scaling a company's revenue. The goal is to reach a monthly income equivalent to the global GDP. The conversation focuses on leveraging live mentoring to address all business aspects, from payment processing to marketing funnels. The business in question currently earns 3.3 million dollars a month, primarily through influencer marketing and affiliate sales without paid advertising. The speaker emphasizes the importance of diversifying marketing strategies, including implementing push marketing and outbound sales to avoid over-reliance on affiliates.

05:02

📈 Expanding Marketing Strategies and Diversification

This section delves into the importance of expanding marketing strategies beyond influencer marketing. The speaker suggests developing a paid advertising strategy to reach a larger audience and increase revenue. They also caution against relying solely on affiliates, sharing insights from a successful marketer who warns of the potential legal and financial risks. The speaker encourages building a backup plan and diversifying income streams to safeguard against fluctuations in business performance.

10:03

🛠️ Business Growth Strategies and the 60/30/10 Rule

The speaker introduces a life philosophy called the 60/30/10 rule for business growth. This rule suggests focusing 60% of energy on the most effective current strategy, 30% on developing secondary business opportunities, and 10% on a completely different backup plan. They also discuss the importance of recurring revenue, having an app, and building a tribal following for business sustainability and scalability. The conversation touches on the idea of becoming the biggest affiliate for one's own business to maximize revenue.

15:03

🎯 The Power of Content and Social Media Strategy

This paragraph emphasizes the importance of controlling various content lengths for effective marketing. The speaker categorizes content into very short, short, medium, long, and very long formats, explaining how each serves a different purpose in the marketing funnel. They advise creating content for all lengths to stay competitive, with a particular focus on long-form content to engage the most dedicated fans and establish authority in the field.

20:04

📱 The Role of Paid Advertising and Influencer Marketing

The speaker discusses the potential of paid advertising and the strategy of giving content creatives to influencers who can boost them. They note the importance of having a mix of organic and paid strategies, and the need to grow one's own social media presence, including YouTube, to establish credibility and reach a wider audience. The speaker also suggests studying top performers in the field to understand successful content strategies.

25:05

📚 Understanding Market Adoption and the Chasm

This section introduces the concept of 'Crossing the Chasm,' a marketing strategy that addresses different segments of the market, from pioneers to skeptics. The speaker explains the importance of appealing to pragmatists and skeptics to achieve significant business growth. They suggest using social media to showcase credibility and trustworthiness, which is crucial for skeptics who may doubt the authenticity of a brand's claims.

30:06

💰 Allocating Marketing Budgets and Boosting Brand Visibility

The final paragraph focuses on the allocation of marketing budgets, advocating for a significant investment in boosting brand visibility. The speaker suggests spending a substantial portion of net revenue on advertising to increase brand recognition and attract a broader audience. They share personal experiences with advertising and the impact of viral content, emphasizing the potential of a single powerful video to drive significant revenue.

Mindmap

Keywords

💡Trillion dollars a month

This phrase sets an ambitious financial goal for the business being discussed in the video. It is a hyperbolic target to illustrate the scale of growth the business owner is aiming for. The script mentions this figure to emphasize the need for massive scaling strategies, as the current revenue is far from this target.

💡Live mentoring

Live mentoring refers to real-time guidance and instruction that the business owner is seeking. It implies an interactive session where questions can be asked and answered on the spot, allowing for dynamic exploration of business strategies as mentioned in the script where they wish to 'look into the payment processor into the funnel into everything'.

💡Influencer marketing

Influencer marketing is a strategy where businesses collaborate with individuals who have a significant following on social media to promote their products or services. In the script, it is mentioned as the primary method of marketing the business currently uses, mainly through Instagram.

💡Affiliate marketing

Affiliate marketing involves earning commissions by promoting other companies' products. The business owner in the video uses affiliates to drive sales and is considering enhancing this strategy by teaching others to do the same, which is a form of scaling the business model.

💡Product development

Product development is the process of creating new products or improving existing ones. It is one of the '14 divisions' mentioned in the script, highlighting its importance in business growth. The business owner is currently teaching people how to monetize social media, which could be considered a product in itself.

💡Outbound sales

Outbound sales, as discussed in the script, refers to proactive sales techniques where salespeople reach out to potential customers, often using phone calls or personalized messages. The business is considering implementing an outbound sales team to boost sales.

💡Push marketing

Push marketing is the act of promoting a product or service to a potentially interested audience through various channels without waiting for the audience to seek the information. The script suggests that the business should consider paid advertising as a form of push marketing to expand its reach.

💡Pull marketing

Pull marketing is the strategy of attracting customers to a product or service by making it desirable, often through content marketing and social media. The script discusses the importance of organic posts that draw people in without pushing the message onto them.

💡Recurring Revenue

Recurring revenue refers to income that a business receives on a regular basis, typically from subscriptions or membership fees. The script suggests that introducing a recurring revenue stream could make the business more stable and valuable.

💡Crossing the Chasm

Crossing the Chasm is a marketing concept from the book of the same name, which refers to the process of selling products to mainstream customers after initial enthusiasts have adopted them. The script mentions this book as essential reading for understanding how to market to different segments of the population.

💡Content strategy

Content strategy in the script refers to the various lengths and types of media that a business produces to reach a wider audience. The speaker advises creating content for 'very short,' 'short,' 'medium,' 'long,' and 'very long' formats to cater to different audience preferences and platform algorithms.

Highlights

The ambitious goal of making a trillion dollars a month through business optimization.

The concept of live mentoring to address business challenges and questions in real-time.

The current business model relying on influencer marketing and affiliate strategies without paid advertising.

The impressive monthly revenue growth from 1.6 million to 3.3 million.

Teaching people to start and monetize social media quickly, primarily through affiliate products.

The strategy of dividing business operations into 14 divisions, inspired by military organization.

The importance of not missing any business division, akin to a military without an air force.

The plan to implement an outbound sales team to enhance the sales funnel.

The potential of SMS marketing as a missing component in the current marketing strategy.

The idea of creating a top-of-the-funnel product to attract a wider audience.

The recommendation to build a paid advertising strategy to scale the business further.

The warning about the risks of building a business solely around affiliates and the need for diversification.

The introduction of the 60/30/10 philosophy for business growth and diversification.

The suggestion to develop a recurring revenue stream for business stability and growth.

The emphasis on creating a tribe-like following for the business to enhance loyalty and sales.

The advice to control all aspects of content creation, from short to long-form, to maintain a competitive edge.

The strategy of making long-form content for the most dedicated fans to foster deep connections.

The importance of understanding the different segments of the market, from pioneers to skeptics, to effectively market to them.

The recommendation to invest in boosting a high-quality video to rapidly increase brand visibility and credibility.

Transcripts

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so we're going to go over your business

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and and see how to make a trillion

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dollars a month is the goal we won't

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settle until you make the entire Global

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GDP it runs through your bank account

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that's good yeah the idea was that I

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would like a live mentoring

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um where you know you can ask them all

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the questions that you want we could

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look into the payment processor into the

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funnel into everything and

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um so you can ask questions back etc etc

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just a smooth talk on you know how you

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can take your your business to the next

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level scale it and um yeah I guess we

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can get started right let's hear about

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you

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I heard you're killing it and you're

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feeling it but we want to kill it more

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you want to kill it more yeah right we

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want to be number one okay so um we're

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currently doing 3.3 million yeah a month

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cash collected yeah and we are using a

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lot of Affiliates right to get there

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and to to be honest I I know I just need

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to put in more in influence your

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marketing because we do the influence

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margin on Instagram mainly you don't run

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any paid advertising it's a influencer

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marketing and Affiliates okay and

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yeah so last month we did 3.3 the month

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before it was 1.6 so Doppler right the

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the number and then we wanna I wanna

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know we want to know how can we double

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it again is it you have a business

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partner here too or just you we are

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conversation together yeah

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so what what's the product

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yeah I teach people how to start a

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social media and then monetize it as

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quickly as possible okay either with

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their own product or mainly use an

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affiliate product so you know Bishop

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yeah

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okay so this is how I always think about

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business

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like I so I've done you know

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different size businesses I've done

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small medium large I've been last year

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my holding company did like 850 million

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in Revenue but not all from one company

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but

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so I've seen

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it gets more complicated when you get

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bigger

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um so I like to divide everything I call

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this the 14 divisions like think like a

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military person right so the military is

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basically the most effective force in

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human history you got Army like the

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Greek Army's been around for thousands

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of years U.S militaries the most

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powerful part of the us so

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number one

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is people

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number two

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is product development

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new product

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development

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and I won't get through all of these

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because we only have two hours but the

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third one is

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legal sorry

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Finance

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your accounting side

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then here I call it

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push marketing

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and this is the one you said you don't

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have yet

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then you have

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whole marketing

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and then

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seven

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you have

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I call it outbound sales or one-on-one

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sales

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so how many how many outbound sales

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people do you have that are closing do

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you have phone sales

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or is it all automated funnels we have a

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show the when the option they give us

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the name and email yeah and then they go

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to a vsl yeah and then after 14 minutes

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a bottom pops where they can go buy it

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directly yeah after 17 minutes they can

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fill out a form yeah and uh

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is it a video call a video call okay

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and uh I just uh we are about to

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implement the outbound sales team now so

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it's name email and phone number right

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you're gonna call them are they mostly

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us yeah

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do you have a text list SMS list you

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built no yeah you should do SMS

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marketing but that so it push marketing

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is paid

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you're pushing your message on to other

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people who might not want it pull

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marketing is what you're doing now which

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is just like organic like you make good

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posts people come to you so yeah you you

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basically one of the important things is

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and I can do the other seven but you

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never want to have any division missing

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in your whole business it'd be like

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having a military and you forget to have

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airplanes right you're you're not you

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get so just implementing this now you do

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affiliate marketing technically is a

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type of pay are they doing they do

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organic I teach them how to use

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Instagram English so you use your own

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fault your own people your teaching to

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sell kind of like Andrew Tate kind of

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thing yeah gotcha okay

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yeah yeah that's a good technique people

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started doing that around first time I

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saw people doing that right like 2007

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people were doing train your own

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Affiliates to then sell your own product

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actually network marketing was almost

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the first place to do that which has

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been around for 50 years anybody do

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network marketing

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no multi-level marketing okay so can we

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see can I see the the

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ads let's see the ads no no but I mean

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let's using carousels or something yeah

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let me see that Carousel yeah do you

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have one does it come up on you yeah

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Okay click there so the your students

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are reposting this on here pretty much

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pretty much we just started to uh I I

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tell them what kind of videos to do yes

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right because they get the most views

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yeah and now I we started implementing

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this new Carousel and then I teach them

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how they just changed my picture with

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theirs and how many uh let's see can I

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what's a good performing one let's look

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at the ads do that one that got 43 000

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there up a little bit or 102 000 what's

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that one songs yeah yeah and make one

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thousand dollars a day so this one

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you're not actually teaching this right

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this is just uh no it's just like

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basically explaining right yeah this is

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model like a lot of work right yes and

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then we're basically making the

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transition to showing people like how

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affiliate marketing can work right yeah

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yes but I'm saying this grass painting

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thing isn't something any of your

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students would do no no yeah no yeah

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I didn't know I was like

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yeah yeah yeah that's what I'm saying

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yeah

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so this has always been my philosophy

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it's like

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try to go insanely wide top of the

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funnel so this is a top of the funnel

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Builder it's not necessarily about your

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product

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so yeah the way I think of that you know

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top of the funnel

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and by the way when you do your paid ads

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you need to build out your ads do you do

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top of funnel mid funnel bottom of

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funnel stuff

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you guys don't do that much paid ads

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right so I'll show you who here does a

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lot of paid ads anybody

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yeah do you divide your ad campaigns

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like that

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yeah so you have top funnel

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mof

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bof and when you go back to here you can

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think

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you can think about your push marketing

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and pull Marketing in the same way you

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can even think about new products that

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way meaning you can build a product

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that's just for the top of the funnel I

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knew a guy who's a Romanian guy he was

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he was making a lot of money like he's

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making three four million a month it's

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top of the funnel product was like a

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little survival pocket knife

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they had like a flashlight or something

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built into it but it wasn't the main

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thing he wanted you to buy here so this

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is a top of funnel have you ever just

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boosted this just press boost

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so the way I always kind of like oozes

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through the influence yeah yeah but I'm

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saying just to build out so here's the

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thing D to me you should also build out

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a paid

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strategy too it was me if you want to

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make three million and go to 10 million

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you're probably gonna have to do paid

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you know maybe just like leave little

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backgrounds the way become a new page

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yeah like we have like list of lunches

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yes who basically pay them yes yes right

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yes it's kind of like paid ads yes but

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not targeted yes with influencers pages

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but but my philosophy is so affiliate

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marketing is big but so I had there was

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a guy back started I don't know he's the

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guy who kind of invented vsl so there's

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a few people that say they invented

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vsl's ones John Benson one's this other

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guy Ryan Ryan always said he was huge he

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was making about 10 million a month

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netting six million dollars a month he

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retired he became a DJ you know when

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entrepreneur made a lot of money when

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they become a DJ and an art collector

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anyway he's the smartest marketer I've

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ever seen but he doesn't care that much

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about money anymore he made 100 million

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bucks and then quit

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he said be careful building your whole

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business around Affiliates there's lots

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of problems that can happen with

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Affiliates even in the U.S for legal

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things

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so for me

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it's not just about making more money

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it's about diversifying the safety of

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your money so if you're making three

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million a month you're going to feel

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horrible if you go back to making 700

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000 a month even though that's a lot of

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money

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when did you make it how many years ago

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did you make your first 700 000 a month

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a few months ago yeah but already that

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you but the human brain goes crazy and

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already it you create contrast bias so

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the second you taste a Lamborghini if

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somebody gives you a moped you're going

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to be depressed even though you used to

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be walking before so all I'm saying is

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yes keep doing Affiliates but always

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have a backup plan I have a philosophy

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in life called 60 30 10.

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and whatever's working the best now put

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sixty percent of your energy into it

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then start developing new things with 30

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of your energy that's like your

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secondary business

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and then have a totally different backup

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plan

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so for you I would do 60 of all your

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energy focus on this strategy you're

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doing now with Affiliates but I would

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develop out a 30 strategy that you

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controlled no Affiliates email list SMS

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list

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do you have your own app

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no app do you have a recurring Revenue

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no yeah I would build out recurring

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Revenue recurring Revenue can save your

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life it also makes your business more

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salable

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I'll show you this watch this is I think

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the most important thing

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for the Year 2023. this is kind of a

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business model formula that I use

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so trade you want to make more money you

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got to trade up your business model so

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how can you make this tribal

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so that's what that's what um Andrew

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Tate did he called himself top G so he's

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the chief of the tribe and it's like who

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will come die for me there's people like

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kill for

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Andrew take Donald Trump did the same

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thing it's like make America great again

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people wear a hat you got a red hat that

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means you're in Donald Trump's drive and

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right now they're trying to there's all

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these people issuing death threats

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against the judge that's trying to send

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Donald tree as like a full tribe so you

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need to think about what's the name of

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the product seven figure accelerator

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yeah seven figure seller you need to add

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a little tribal always have some

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recurring Revenue there's no big

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business that doesn't have recurrent

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Revenue think about yeah

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what about go even big remember 67 steps

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if you're gonna copy

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copy the top go straight to the top so

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click funnels Russell is a friend of

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mine but

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Jeff Bezos was 200 million people paying

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them on recurring for Amazon Prime

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that's another level crazy 200 million

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he has like half of America as on Prime

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it's mind-blowing and then he raised the

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price what is it now like a hundred and

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twenty dollars or something

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think about that recurring cash flow

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screen you wake up

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200 million subscribers are going to

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rebuild it's just nuts so yeah you need

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you don't have to have all your business

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recurring but I would introduce a

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recurring product for sure then I would

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build out some kind of an app and you

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can do this over the next 18 months you

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don't have to rush into this

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this is an important one to get bigger

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debate debatable

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so

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everybody to get bigger to consistently

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make if you want to make more than 50

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million dollars a year like CrossFit is

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debatable people argue and that guy

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became a billionaire Andrew Tate's

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debatable Donald Trump's debatable Kanye

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West debatable so you have to kind of

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add in something that makes you because

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it's hard to just organically push past

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50 million dollars now there's too many

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other faces on social media and then

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ecosystem which is like cross-selling

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you know

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do you have what's the highest ticket

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product you have now 50k that's a this

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Mastermind or no a mastermind that's

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just for a WhatsApp message and one life

play13:36

call with me for you yeah

play13:39

do you have

play13:40

do you do Partnerships and take equity

play13:42

in people's business I was planning on

play13:44

yeah but I don't do it now yeah yeah I

play13:47

have I have Eco so for me I have zero to

play13:50

ten dollar a month product 10 to 100.

play13:53

100 to a thousand I have a million I've

play13:56

had people pay me a million or more

play13:59

So eventually you can build that out

play14:02

how

play14:04

how what did you shots one million info

play14:07

just blowing people's Brands up you know

play14:10

people like Sam Evans people like that

play14:12

once you get big enough once your top of

play14:14

the funnel is Big you can pretty much do

play14:17

whatever you want like that but anyway

play14:18

let's go back to I think the thing you

play14:20

guys want to know what's the big so you

play14:22

know your business better than me I'm

play14:24

kind of giving General stuff what do you

play14:26

think's the number one thing that takes

play14:28

you too

play14:30

the next income level your opinion

play14:35

okay

play14:37

yeah fourth house or something yeah but

play14:39

so it's 80 20 rules only a few of them

play14:42

that do all the revenue

play14:44

so my thing is why not become your

play14:46

biggest affiliate yourself so you're

play14:48

teaching other people to run paid ads

play14:50

why not run paid ads or something like

play14:52

you do with paid ads you can go nuts you

play14:55

you can make

play14:56

I've spent a billion my business partner

play14:58

spent a billion dollars on Facebook ads

play15:00

on our own businesses we're over more

play15:02

than a billion so you can I mean then

play15:05

you can put your Revenue anywhere you

play15:07

want to go if you want to make a hundred

play15:09

million dollars now what happens in the

play15:11

modern world is eventually your CPA gets

play15:14

too high if the product's niche is too

play15:17

small

play15:17

but I think you should so basically

play15:20

what's happening you're giving content

play15:22

creatives to people

play15:23

and they're boosting them most of them

play15:28

following on Tick Tock Instagram yes but

play15:30

you said some of them are doing paid too

play15:33

or no none

play15:35

how many accounts do you have doc I call

play15:38

them daughter accounts that you own

play15:49

yeah yeah good so that's good so you

play15:51

have 25. we're just getting started with

play15:53

that yeah yeah Clips Joe Rogan Connor

play15:56

clip thing do you have a podcast uh just

play15:58

data yeah and then we're gonna crop it

play16:00

up and we I have yes where's my he's

play16:03

there camera guy that is walking around

play16:08

okay

play16:10

a lot of Germans yeah anyone's

play16:12

interesting also Edmond I guess for

play16:14

everything like yesterday

play16:16

um even if you talked about like long

play16:18

form content yes implementing one from

play16:20

confidence because Philip right now so

play16:22

fast only short faster yeah I think as

play16:26

many people in the audience only run

play16:28

shop from contact yeah so if one thing

play16:32

maybe you'll learn from the way I think

play16:33

about things it's like there's an old

play16:36

uh

play16:38

there's an old joke about of old bull

play16:41

and a young bull have you ever heard

play16:43

this joke I don't know if you heard

play16:44

there's an old there's an old bull and a

play16:46

young Bowl they're on a hill they're

play16:48

looking down

play16:49

and there's a whole bunch of cows down

play16:51

there

play16:52

and the old the old the young bull says

play16:55

the old bull

play16:56

let's run down there and one of

play16:59

those cows

play17:00

and the old bull says no son let's walk

play17:03

down and them all

play17:06

so if you go slow you can do everything

play17:08

so my strategy like with

play17:10

I took like three years off from social

play17:12

media I got burned out I just needed a

play17:15

break I like to do other stuff covid I

play17:17

went off the grid was on my farm but

play17:19

I've been watching what everybody does

play17:20

you know and um I've already been like

play17:24

I've been the most Google person in the

play17:26

world before I've already seen you know

play17:28

what that life is like so now I'm more

play17:31

about

play17:32

how do I so watch this let's take any

play17:35

subject content

play17:37

okay I call this for pull marketing

play17:39

you're you're trying to pull people in

play17:40

without spending any money

play17:42

so you have this is how I divide it up

play17:45

with my team you have very short

play17:48

okay this is basically zero to thirty

play17:52

seconds

play17:52

okay vs I call it

play17:56

all right then I have short

play17:58

now you can go up to two minutes

play18:01

like Instagram you can even boost a one

play18:04

minute 59 second piece of content so I

play18:07

consider that short then medium is two

play18:10

to ten minutes

play18:11

okay

play18:13

and then I have long

play18:15

so that's 10 to 20.

play18:18

Mr Beast is is a guy who's following me

play18:21

for a long time when he got started and

play18:22

he flew he wanted to come meet me in

play18:24

2020 so he flew up

play18:26

at that time he liked this length right

play18:28

here he told me he said the algorithm

play18:31

changed he said right then I was like 12

play18:33

minutes was a very powerful

play18:35

you know length and then you have very

play18:39

long

play18:41

which is what Joe Rogan does so he has

play18:44

about two to three two to four hours

play18:46

Let's just call it you know 20 minutes

play18:49

to three hours

play18:51

so for me if you want to make more money

play18:54

consistently you have to control all of

play18:56

these

play18:58

and that's what I was saying going back

play18:59

here

play19:01

think of it as competition

play19:03

[Applause]

play19:06

if

play19:07

because somebody's gonna copy your whole

play19:10

business it'll only take like three

play19:12

months for people to start copying

play19:14

if they put in all the divisions better

play19:17

than you they're gonna beat you because

play19:19

they can pay out their Affiliates more

play19:21

they can outspend you so you got to

play19:22

remember the main thing now that's

play19:24

happening is it's so competitive

play19:26

if you don't do everything somebody else

play19:29

will do everything and then you lose to

play19:31

them right so

play19:33

going back here if I'm making now how I

play19:36

make I'm starting to come back to social

play19:38

media

play19:39

to the best way to do it

play19:41

is to

play19:43

on purpose make every one of these

play19:45

lengths now you can the laziest way

play19:48

which is okay is just make very long

play19:52

and then slice it all up

play19:54

do a 10 minute version of it a two

play19:56

minute you know but the best somebody in

play20:00

this room if you do this you'll be able

play20:02

to beat 99 of people

play20:04

do specifically make three hours

play20:07

once a month do a three hour podcast

play20:09

bring five guests on guests are good to

play20:12

meet people too

play20:14

like you're going to need a lot of

play20:15

connections so I would make this content

play20:18

specifically you should do once a month

play20:19

a long ass podcast

play20:21

but you should also shoot segments just

play20:23

for every one of these right now you're

play20:26

doing mostly this too right

play20:28

this stuff medium crushes what's that me

play20:32

and I mean they just did

play20:35

uh Tucker Carlson just did like a

play20:37

two-hour one that got the most people

play20:40

watched in his 95 million people watched

play20:42

it last week was that Tristan Tate and

play20:45

Andrew Tate they did on adult so

play20:47

watch what the best people in the world

play20:49

are doing the best people dominate here

play20:51

Joe Rogan has what's that guy who has

play20:54

that podcast he just had you know who

play20:56

sebum is

play20:57

type in sebum type in sebum best

play21:00

exercises this video just went crazy

play21:03

viral

play21:06

this is like Mr Olympia okay how many

play21:08

likes of views does this have and how

play21:10

many likes I saw 50 000 likes

play21:12

what's your views on it

play21:15

yeah 2.8 million so that's this length

play21:18

right here

play21:19

now go watch the whole interview click

play21:22

on the link click on this guy's Channel

play21:24

and find the big the whole interview

play21:26

so how many how many

play21:28

it only has 20 000 views I mean likes

play21:31

twenty thousand likes only and only 700

play21:35

000 views

play21:36

so that's an exam but this is why you

play21:39

have to make long form

play21:41

long form is for your biggest fans

play21:45

so usually he made this it's not a

play21:48

failure even though this got only 700

play21:50

000 views this one right here this is

play21:53

kind of what Mr Beast told me this is

play21:55

the most powerful TED Talks are long 18

play21:58

minutes TED Talks they found that's the

play22:01

maximum people can pay attention so

play22:03

that's long

play22:04

this let's go on Mr Beast right now pull

play22:07

up Mr Beast for a second

play22:09

by the way always study the very very

play22:11

top guy Mr Beast he came when he came in

play22:13

2020 he said I have 25 million followers

play22:15

I'm gonna be the biggest and now I think

play22:18

he's he's the biggest human he got the

play22:21

most part so let's just see look at the

play22:23

lengths he's doing right now

play22:25

and then sort it by most views

play22:29

so you can see this squid game one

play22:32

was in that that's the most viewed one

play22:35

was right around long

play22:37

and then

play22:39

you could see all of them what's the

play22:41

shortest there's one number 12 minutes

play22:45

so it's the same that same now do more

play22:48

these are go back in time do the by sort

play22:50

by the most new

play22:52

yes and he's going down that's a 10

play22:54

minute one this is a six million a six

play22:57

minute one sorry

play22:59

eight minute one a thousand blind people

play23:03

yeah click on the eight minute one

play23:05

9.8 million likes on that video that's

play23:08

insanity

play23:10

so anyway on the content side

play23:14

you're gonna have to you're gonna have

play23:15

to do it all because somebody else is

play23:17

going to do it

play23:18

and if you don't like doing long just do

play23:21

once a month

play23:22

you know that's enough this is for your

play23:24

biggest fans here

play23:26

this right here is for the most people

play23:29

that no these are common this is middle

play23:31

of the funnel so people who kind of know

play23:34

you but don't really know you yet that's

play23:37

this this right here

play23:39

people who already know your brand

play23:41

they're gonna watch this

play23:43

so you got to keep your tribe loyal this

play23:46

keeps them loyal to you

play23:48

this right here makes them buy from you

play23:51

this right here is new people who don't

play23:56

know you

play23:57

let me ask you all a question how many

play24:00

people here see people in shorts and you

play24:04

see them all the time but you couldn't

play24:05

tell me who their name is

play24:07

there's some woman that pops up on my

play24:09

other I don't know who the hell she is

play24:12

but I think she makes a big mistake

play24:13

because she doesn't drive me to go watch

play24:16

something longer

play24:18

if you watch one Joe Rogan three hour

play24:20

thing for the rest of your life you'll

play24:22

know his first and last name now who's

play24:24

your let's see one of your top

play24:25

Affiliates it's up the chop affili yeah

play24:28

what's one of the Affiliates could you

play24:31

chime in Milford okay let's see her okay

play24:33

she is

play24:35

was she big before this or you helped

play24:37

her she's thought of him from nothing

play24:39

with you okay okay go over hers

play24:44

like just hover over them so I can see

play24:47

keep going which one that does really

play24:49

well for her where did she drive most of

play24:51

her traffic from Instagram

play24:54

from this

play24:55

what's one that you think did the best

play24:58

for her it's probably one of the

play25:00

Disciples of videos

play25:02

there's also on here click on that one

play25:05

that that got the most for her

play25:07

and then just the last one drives her

play25:09

people in right they exactly him yeah

play25:12

yeah

play25:13

I I stick to what I said first I think

play25:16

you need to turn on your paid

play25:17

advertising for your own account

play25:19

the only time you don't want to do it

play25:21

for your own account is if you're super

play25:22

controversial like Andrew Tate because

play25:24

he gets kicked off Instagram then you

play25:26

build all but he used to be on Instagram

play25:27

he's the DME so he was all over he was

play25:30

on Instagram until what eight months ago

play25:34

I think you need to grow your own

play25:35

account all of them including your

play25:38

YouTube

play25:39

because here's the thing

play25:41

have who's ever read write this book

play25:43

down have you ever read this book

play25:45

pull up pull it up on the on this on the

play25:48

screen crossing the chasm

play25:50

crossing the chasm you can put

play25:54

book just put in c-h-a-s yeah right

play25:57

there that book

play25:59

yes click on that one

play26:02

yes everybody you should read that book

play26:04

that's one of the most famous business

play26:06

books that nobody reads now it's like a

play26:08

classic book

play26:10

basically what hey here's what happens

play26:17

here's how business works so

play26:22

a few people are here

play26:25

a larger part of the population is here

play26:28

then here

play26:30

you have a lot of people

play26:33

okay and then so you have like four

play26:36

categories of people one two three four

play26:40

here you have like billions of people

play26:43

so these are called pioneers

play26:47

there are very few Pioneers the first

play26:49

people like Jeff Bezos was a Pioneer for

play26:51

Ecom he built a econ store in 94. then

play26:54

here

play26:56

these are called you can call them first

play26:59

Movers

play27:01

okay

play27:03

so this person Steve Jobs at the

play27:06

beginning when he launched his first

play27:07

laptop it wasn't very good but there's

play27:09

certain people who just love it then

play27:12

right here

play27:13

there's

play27:15

a long way and there's a lot of dead

play27:17

bodies here

play27:19

these are all the entrepreneurs

play27:21

who made money here and then they

play27:23

thought they could make money forever

play27:25

using their same strategy

play27:27

but you know what these people are right

play27:29

here

play27:31

these are called

play27:32

put this in

play27:34

how many people here speak German as our

play27:36

first language

play27:37

I think it's pragmatisk who put it in

play27:40

German pragmatists

play27:42

p-r-a pragmatica

play27:46

okay these are pragmatists and then you

play27:49

know what these people are

play27:51

Skeptics

play27:53

so the companies that make the most

play27:55

money

play27:56

to make a trillion dollar company you

play27:58

have to have every single one of these

play28:00

groups buying from you

play28:02

okay this group's the hardest at least

play28:04

you want these three so right now you're

play28:07

the Pioneer this is you

play28:09

there's not many of you so you don't

play28:11

want to only sell to yourself there's

play28:12

like this whole room is it right right

play28:15

now you have a lot of first Movers

play28:18

and this is probably let's say this is

play28:20

one percent of the population

play28:22

this is about 10 percent of the

play28:24

population

play28:25

this is let's say 30. and this is like

play28:29

60 approximately okay

play28:31

the math doesn't quite add up but you

play28:34

know what I'm saying

play28:35

so right now you could you can make

play28:37

about 30 to 50 million dollars a year

play28:40

here

play28:42

but not here you can't make that much

play28:45

without getting these people so for

play28:46

example

play28:48

pragmatists only buy an iPhone with two

play28:51

of their friends buy an iPhone

play28:53

so who remembers buying their first

play28:55

iPhone I remember getting mine like 09

play28:58

or something oh wait but I had for

play29:02

technology I'm kind of a pragmatist I

play29:04

don't care about the newest technology

play29:05

like I'm not trying every VR goggle and

play29:07

all that

play29:08

once enough of my friends had it I

play29:10

bought an iPhone my mom

play29:13

and my grandma she was 100 years old she

play29:16

was a skeptic she's like I don't need I

play29:18

have a flip phone it's good enough

play29:20

and we had to like convince her for like

play29:22

one year that she should get an iPhone

play29:24

then she sent one text in her life

play29:26

it was funny she said hi she's German

play29:29

she's like I don't need this so right

play29:32

now your marketing is more here

play29:35

because think about it let's say

play29:36

somebody's skeptical of your brand okay

play29:40

so they click over and they go to your

play29:44

Instagram go to his Instagram

play29:47

so in your opinion what are what's a

play29:50

skeptic gonna say when they see your

play29:52

Instagram

play29:54

it's too good to be true in this game

play29:57

don't forget not The Logical stuff

play29:59

what's the emotional stuff

play30:02

just hover over one of your posts

play30:05

they're gonna say oh he only gets 200

play30:07

likes on his stuff how does he know that

play30:09

much about Instagram

play30:10

think of the meanest most I get

play30:13

skeptical people that are trying to find

play30:15

the worst thing so people are gonna just

play30:18

doubt that you know what you're talking

play30:19

about they're gonna be like this

play30:20

guy he doesn't know about affiliate

play30:23

marketing trust me I know how Americans

play30:25

are

play30:26

so you need some of your posts getting a

play30:29

million views

play30:30

you know I just started coming back

play30:33

posting to Instagram I wasn't posting

play30:34

much for like two years

play30:36

and you need like go go to my channel

play30:38

for a second I'll show you

play30:41

by the way you should go on other

play30:42

people's podcasts

play30:44

that that's a big thing

play30:47

so if you go

play30:49

like this is one dude this this one I

play30:51

just posted

play30:52

click on the first one

play30:54

no no the very top first one the one

play30:56

that's pinned this one I J just post

play30:59

this is like a week old and it went

play31:01

viral

play31:03

it's the tequila ones so turn it off for

play31:06

a second so this one got 146 000 likes

play31:09

and I don't know how many views six

play31:11

million you need some of those on your

play31:13

profile so you need to boost some so you

play31:15

have some hundred thousand two hundred

play31:17

and you're gonna get sales from it so I

play31:19

think what you need on your Instagram

play31:21

is a really bad ass

play31:26

uh length right about here

play31:30

short meet about two minutes long that

play31:34

you just boost

play31:35

you spend a million dollars this year on

play31:37

it and it's just your story

play31:41

and why this thing works and you should

play31:44

make a good video one good video can

play31:46

make my hair my garage make your 100

play31:48

million bucks one good video

play31:50

that was a three minute I think

play31:53

pull up how long here in my garage was I

play31:55

forget how long it was

play31:57

it

play31:59

yeah my land my Lander was 90 minutes I

play32:02

had a 90. you click that into a 90

play32:04

minute vsl

play32:07

yeah three minutes fifty and that's only

play32:10

one version

play32:11

that though I built like there was like

play32:13

five of them I have them hidden on my

play32:15

channel those did like five percent of

play32:17

the world saw that ad it was like

play32:18

hundreds of millions of views it was

play32:21

crazy so

play32:23

I like the one right below it

play32:26

nothing else I got 26 million

play32:29

um

play32:30

to cross the chasm

play32:32

if you're making a million a month you

play32:33

should be paying 100 Grand a month for

play32:35

sure on just pushing your brand name up

play32:38

so all day long that's low I'm more

play32:41

aggressive I would spend at least 20

play32:43

percent of my net pushing my whole brand

play32:46

up oh

play32:48

you just show up back in the days when I

play32:51

did the Drop Shipping like everybody

play32:53

else I got my Facebook account banned

play32:55

yeah and and that is connected to my

play32:57

Instagram

play32:58

so I just got somebody to unlock it for

play33:01

me right so it's on on the paint again

play33:04

so you connect the Instagram to Facebook

play33:07

yes add account and then you just if

play33:09

this video gets 1000 likes yes you pay

play33:14

to boost that exact video yes or I would

play33:17

do YouTube bad just upload a two minute

play33:19

YouTube video

play33:21

and maybe don't even so I I always spend

play33:23

when when I'm pushing my brand I kind of

play33:26

do like this I do remember I told you 60

play33:28

30 10. so what's your what's your

play33:32

marketing budget right now

play33:34

everything we're trying to spend

play33:36

everything but I'm saying what did you

play33:38

spend last month a million paying

play33:39

Affiliates what I count affiliate payout

play33:42

as your ad spend what did you spend so a

play33:44

million was paid to affiliates

play33:46

you know what's crazy you don't have any

play33:49

videos showing you paying

play33:51

affiliates

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