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Bankrupt as in zero dollars in his bank account.

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That's what this business owner just approached me with.

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That's going to happen within weeks, not months or years, weeks.

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He's going to have to sink his entire life savings into it just to keep it going to the end of the year.

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I'm going to sit down with Paul to help him fix his adventure park that he's already sunk $22 million in, which is absolutely insane.

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And I'm going to give you a step-by-step roadmap on exactly what he needs to do to fix the business.

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And we're going to check back in within 90 days from now to see, A, is he still alive?

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And B, did the business get fixed?

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But most importantly for you, if you're a business owner, I've scaled 10 businesses to $10 million in revenue, $3 to $100 million plus.

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And I think the biggest lesson I've learned in this entire process is the tactics and principles that apply to this business apply to many businesses because businesses behave in patterns.

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So with that being said, let's dive into the business.

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What's happening everybody?

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So Paul, you ready?

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Oh, I'm ready.

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All right, so tell me about the business.

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Yeah, my name's Paul Fontanelli, founder of Boulder Adventure Park.

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We are an indoor family entertainment center in Grand Prairie, Texas.

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The story actually started eight years ago.

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Okay.

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I dreamed it up, I was working in corporate America, kind of uninspired at the time, wanted to do something entrepreneurial.

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I have three young kids, wanted to get out of that and build a business.

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How much did you raise?

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Raised eight, total cost is 22 million.

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Did you put the rest in?

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I put... Well, the rest is debt.

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Got it.

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Who paid for the debt?

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Bank.

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Oh, shit.

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Yeah.

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It's a big loan.

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It is a big loan.

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That's part of what we're going to talk about today.

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Yeah, I know.

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Yeah, we will.

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All right, so... For sure.

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How does this thing...

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make money.

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So we're at 4.8.

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We're not profitable yet.

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That's one of our biggest challenges is the profitability of it.

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Our goal is to get to 10 million revenue over the next few years.

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But what's really the goal, what we need to talk about today is the next 90 days.

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So I'll come back to that.

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But that's a really big piece of kind of what we're doing today.

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Streams of revenue.

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This is the money slide, literally.

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General admission, $32.46 per person with another $11 of in-park spend.

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They add on arcade, food and beverage, merchandise, you name it.

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This makes up about 70% of total revenue.

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Then we have a bunch of other groups in terms of church groups, social groups, etc.

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And then we literally just launched our summer camp campaign today.

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I assume one of the biggest things Alex is going to help me work on is data and metrics I'm not crystal clear on at the moment.

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This is the take my medicine slide.

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Yeah.

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I own this.

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I don't make excuses.

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The numbers that your team was asking helped me prepare and realize where some of our deficiencies are.

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Yeah.

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It's really interesting for you because from a business perspective...

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it's like you're looking at outputs, not inputs.

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So these numbers are inputs that create the outputs that you're accustomed to tracking.

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Because the core economic arbitrage of the business is LTVCAC, right?

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That's the core arbitrage that we expand out and then we just do it to infinity.

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So we actually start making a profit.

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Okay.

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Well, good to know.

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So problems.

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The bad is we are demand constrained, right?

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But the good news is we can 10X the opportunity.

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The capacity is absolutely there.

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As you can see, peak days running at 50% of capacity, but emissions are down.

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We've had struggles with marketing, conversion rates, all of that has really been one of our challenges.

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And here's the final shit sandwich.

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We are cash constrained.

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I'm at the point now I'm putting my 401k in, um, which I believe in this business.

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I believe in the upside.

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I believe in this opportunity.

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Um, and so it's, I'm all in, which actually leads me to the next slide.

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This literally hit me yesterday, dude.

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And I was like, heard, you come, you fight for your life.

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You said it earlier.

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There's, we have nine lives, right?

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Like I might be towards the end, but I'm here and I believe in it.

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And I know we've got the upside to, uh, to make it happen.

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We've got 14 days, right?

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Yep.

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Exactly.

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Exactly.

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Deep breath.

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That's exactly how I feel.

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Yeah.

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I feel for you.

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No, I appreciate it.

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The issues, there's so much going on.

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Absolutely.

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I promise I'm going to do my absolute best to try and help.

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I know you will.

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So let me ask the other question, which is, what's your monthly nut that you need to make to break even?

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Well, it's seasonal.

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Yeah.

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We need to probably be at $550,000 a month.

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And you're at now what?

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At $400,000.

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Okay.

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So you need $150,000.

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What's the debt service right now?

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Monthly?

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Monthly.

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It's going to be probably about 180,000.

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Got it.

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So I'll tell you what I wrote down.

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So the first thing that we probably have to do is generate cash.

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And so what I want to do is sell basically the baddest offer that we could possibly imagine for a season pass to the list.

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And that's because like if we don't do this, there won't be a season for them to come home to.

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So we need to we need to generate some cash.

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May I suggest one idea?

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Our summer camps is a huge opportunity to drive significant cash in a very short period of time.

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Because the window that moms are booking summers is right now.

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So we're May, June, July, August.

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So those are kind of the four months ahead.

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Key.

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Right.

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But then it goes into the slow season.

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Slow season, yes.

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Right.

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So we need to do more than just good during this time period.

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So we've got 600,000 extra that this has to make just to get us to the bad season.

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Right.

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Right.

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How big is the team?

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Sales team?

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Sales team right now is three people.

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Okay.

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Because if we have, let's say we have this month, if we were to announce tomorrow, basically, because that's the time zone we're in, I'm going to bet average it can be like $1,200.

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That's where our third offer was for $2,000.

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You can come any week, any time.

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Oh, so you can do five days a week, the whole summer for two grand?

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Correct.

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So basically buy four, get 10?

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Yep, that was meant to be the Grand Slam offer.

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That is compelling.

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Okay, so.

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And that way mom or dad could just drop their kid off.

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Any day, any time.

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So let's say that the average ticket is 1200, 1300.

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Sure.

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So if it's $1,200 as the average ticket and they can close 15 of those a day, we're looking at call it 16,000 a day, something like that.

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So that would get us an extra 450 grand.

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That's not enough.

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Well, the demand for summer is automatically going to boost revenue.

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I was optimistically shooting for about $200,000 in summer camps, and that would have been a win.

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If you and I can dial that in and get even close to what you're saying, it's going to put us in a strong position.

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I do like the summer angle because I think people will spend a lot of money for their kids.

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Because if we decide that this is the offer, right, then we'll drive the whole email list here.

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I mean, honestly, you just need to hammer the list because it's now or never, right?

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We have to hammer the list.

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I think we take as much of that cash as we possibly can.

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And then we drive that back into ads.

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Love it.

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And then again, feed it through.

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I love it.

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So I want to get still a little bit clearer on the summer camp offer.

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Absolutely.

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We have kind of one shot at getting it right.

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Yep.

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So current is 300 times 3, 3 days per week.

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Exactly.

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500 times 5.

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Yeah.

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2,000 any day.

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And that's for the whole summer.

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Correct.

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I'm going to pull the funnel up.

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This looks nice.

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I tried to follow your recommendations.

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It looks good.

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I like this.

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I like that.

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Okay.

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That's cool.

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My big fear as a parent would be, is my kid going to fall and die?

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That's pretty big.

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Safety is our number one.

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Yeah, no.

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I think if we can accommodate that, this should probably drop off the page, this kind of header.

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Okay.

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Because it's not any value.

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Right.

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It's the most valuable real estate on here.

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We also have like four banners.

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So we have this banner, we have this banner, we have this banner and we have this banner.

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We want to have basically one banner.

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So it's like, what's the most important thing?

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I think this is probably the most important thing.

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Yeah.

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Because we want to let them know the times.

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I think we can get rid of this thing.

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This is basically a repeating of this.

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Yeah.

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So I'd get rid of both of these.

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Okay.

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I would put this Google Review stuff.

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So you already have it here.

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So I think you probably can just nix it.

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Yep.

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I do like this little badge.

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Basically you want to put trust right next to the action.

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Okay.

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So you have this parent rating right around the button.

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So that feels okay.

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Yep.

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I won't put something around injury.

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So like, do you know how many like hospital visits?

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I just want to show an obvious stat, which is like last year, zero false.

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Yep.

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I would just put that.

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Okay.

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Cause that's what I want to know.

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Okay.

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That's good.

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I like that.

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Um, day one money back here.

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Okay.

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That's really good.

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Cause that's obviously like, what if he doesn't like it?

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Whatever.

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Yeah, exactly.

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That's good.

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See, these are the reviews.

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It's like, I'd rather have that than this one.

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Got it.

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It's like, it's also relevant to the specific thing.

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That's good.

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And we are going to be recording a VSL.

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Yeah.

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I was like, the only thing I think it needs is a video.

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Where would you put it?

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Probably right at the top.

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Okay.

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So it'd be like headline.

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Headline.

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thing.

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And then, um, and then I would just cut all this because it looks like too much sex.

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It's like, yeah, that's the main part.

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So those are the funnel tweaks that I would make on the actual page.

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Now let's talk about like how we're going to drive traffic to that offer.

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So we have the brick and mortar.

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So these are the flows and like, I'm only focusing on one thing because you don't have, um,

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the luxury of time.

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Sure.

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And so you basically, we basically need to make one bet.

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The season past was my original guess, but I think summer is going to make more sense.

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Yep.

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So that's what we're going to run.

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Okay.

257
00:09:18.335 --> 00:09:18.615
Okay.

258
00:09:18.955 --> 00:09:22.458
So we have our email list as our sources of traffic.

259
00:09:23.319 --> 00:09:29.724
Number two, we have our attach general admission attach rates.

260
00:09:30.064 --> 00:09:30.605
We can do that.

261
00:09:31.225 --> 00:09:32.306
What do you mean by attach rates?

262
00:09:32.526 --> 00:09:33.007
The motion.

263
00:09:33.307 --> 00:09:33.607
Okay.

264
00:09:33.627 --> 00:09:34.208
I can say motion.

265
00:09:34.228 --> 00:09:34.708
That makes it easier.

266
00:09:34.968 --> 00:09:39.392
And then we have our paid ads direct.

267
00:09:40.233 --> 00:09:40.573
Okay.

268
00:09:40.894 --> 00:09:47.059
So if this is, these are kind of our four, call it our four flows that are going to run into this.

269
00:09:47.159 --> 00:09:47.580
Beautiful.

270
00:09:47.620 --> 00:09:47.860
Right?

271
00:09:48.120 --> 00:09:48.280
Yep.

272
00:09:48.781 --> 00:09:52.825
So on the paid ads, I'm going to say A, unspeakable.

273
00:09:54.513 --> 00:10:01.097
video clips as probably the first primary way of the actual creative for the ads.

274
00:10:01.157 --> 00:10:02.117
Okay.

275
00:10:02.217 --> 00:10:11.122
B is we want to have the offer, which I would experiment with buy four, get 10 weeks free or get six weeks free.

276
00:10:11.142 --> 00:10:11.803
Okay.

277
00:10:12.143 --> 00:10:13.303
And that might fucking destroy.

278
00:10:13.323 --> 00:10:14.544
Yeah, that's good.

279
00:10:15.084 --> 00:10:15.425
Yeah.

280
00:10:16.305 --> 00:10:18.226
Yeah, buy four gets six is pretty solid.

281
00:10:18.787 --> 00:10:19.447
I like that a lot.

282
00:10:19.727 --> 00:10:20.228
That's pretty good.

283
00:10:20.688 --> 00:10:24.630
I would also, so 2,000 divided by 10 is 200.

284
00:10:25.091 --> 00:10:30.794
So as low as 200 per week as another angle.

285
00:10:31.035 --> 00:10:31.195
Yep.

286
00:10:31.835 --> 00:10:34.277
I'm thinking about different front end.

287
00:10:34.717 --> 00:10:36.158
So if we're going to the front end, all right.

288
00:10:36.378 --> 00:10:39.661
So we have a buy X, get Y free offer.

289
00:10:39.801 --> 00:10:39.961
Yep.

290
00:10:40.241 --> 00:10:40.401
Right.

291
00:10:40.461 --> 00:10:41.282
As a version of that.

292
00:10:42.123 --> 00:10:44.765
We have a, um, this is kind of the early bird.

293
00:10:45.305 --> 00:10:47.027
So I would use early bird as an angle.

294
00:10:47.307 --> 00:10:47.527
Okay.

295
00:10:47.968 --> 00:10:52.011
And then just pair it by four, get, get six.

296
00:10:52.191 --> 00:10:52.451
Also.

297
00:10:53.352 --> 00:11:16.083
buy one month get whole summer that's a good way to say it right yeah these are all the things they all mean the same thing but the one's going to convert clicks exactly yeah so this is an basically add early bird to it's like why is he doing that because early bird it's like we have to always answer the reason why we're making an offer got it um so buy four get six buy one month get whole summer

298
00:11:16.603 --> 00:11:21.805
Buy one month, get two free.

299
00:11:22.185 --> 00:11:22.385
Yep.

300
00:11:23.005 --> 00:11:23.425
That's good.

301
00:11:24.045 --> 00:11:33.688
If you want this to go mental, but the question is like, I'm only a little bit worried about your sales team's ability to actually like call all the leads.

302
00:11:34.128 --> 00:11:37.489
So this is probably what I would consider to be like the fundamentally sound way of approaching this.

303
00:11:38.354 --> 00:11:40.738
If you wanted to go ballistic, which we might just need ballisticness.

304
00:11:41.299 --> 00:11:42.060
I like the sound of it.

305
00:11:42.621 --> 00:11:46.466
Then we do the full summer offer, right?

306
00:11:46.566 --> 00:11:48.830
We'll just call it $2,000 private summer camp.

307
00:11:49.691 --> 00:11:52.095
Private summer.

308
00:11:54.015 --> 00:11:57.236
experience or camp giveaway.

309
00:11:58.416 --> 00:12:02.557
And so that means that one person that you pick gets the whole camp for free.

310
00:12:03.677 --> 00:12:04.337
This is first place.

311
00:12:04.497 --> 00:12:09.879
I want to have second place be like the core offer, which is a thousand dollars off, but the core offer is this.

312
00:12:10.399 --> 00:12:10.939
Okay, hold on.

313
00:12:11.219 --> 00:12:12.299
So we can say the value.

314
00:12:12.419 --> 00:12:16.620
So, um, if we have, uh, $500 a week times 10, so it's $5,000.

315
00:12:16.640 --> 00:12:16.820
Yes.

316
00:12:16.840 --> 00:12:16.980
Right.

317
00:12:17.000 --> 00:12:17.260
So $5,000.

318
00:12:24.302 --> 00:12:24.862
for the whole summer.

319
00:12:24.883 --> 00:12:25.403
Okay.

320
00:12:25.563 --> 00:12:26.243
That sounds sexy.

321
00:12:26.704 --> 00:12:26.904
Yeah.

322
00:12:27.504 --> 00:12:29.785
And then let's run this.

323
00:12:30.085 --> 00:12:31.706
So $5,000 value, I get that.

324
00:12:31.826 --> 00:12:33.027
And then what's the $3,000 off?

325
00:12:33.227 --> 00:12:34.008
Off the $5,000.

326
00:12:34.588 --> 00:12:34.868
Got it.

327
00:12:34.928 --> 00:12:36.109
So then it's the $2,000 ticket.

328
00:12:36.169 --> 00:12:36.589
Okay, got it.

329
00:12:37.069 --> 00:12:38.450
So this is the first and second place prize.

330
00:12:38.470 --> 00:12:38.850
Okay.

331
00:12:39.111 --> 00:12:43.133
Make sure that you say more than one person can win second place just so you're, you know, legal and compliant.

332
00:12:43.493 --> 00:12:44.734
By all means, I'm not an attorney.

333
00:12:44.834 --> 00:12:46.355
Run this bag of your attorneys, blah, blah, blah, blah.

334
00:12:46.815 --> 00:12:51.337
Yeah, you're responsible for your decisions and, you know, these results may vary in financial performance, et cetera.

335
00:12:51.518 --> 00:12:51.698
Okay.

336
00:12:51.718 --> 00:12:51.918
Yeah.

337
00:12:52.578 --> 00:12:53.799
But more than one winner.

338
00:12:54.680 --> 00:12:58.662
But at the end of the day, honestly, this is going to be the humdinger.

339
00:12:59.223 --> 00:13:07.028
If you just lead with $5,000 private summer cramp, full summer experience giveaway, second place prize wins $3,000 off.

340
00:13:08.209 --> 00:13:16.613
We're offering a prize to give away summer camp every day this summer for your entire family, up to three kids.

341
00:13:16.993 --> 00:13:17.754
Here's how it works.

342
00:13:17.934 --> 00:13:25.618
When you opt in, you're entering to win an all summer camp pass for your entire family, up to three kids.

343
00:13:25.978 --> 00:13:32.121
That means you can drop your kids off here at Boulder any day that camp is going on, whenever you choose.

344
00:13:32.621 --> 00:13:38.945
This is an unbelievable offer valued at over $20,000 for up to three kids in your family.

345
00:13:39.346 --> 00:13:42.828
All you have to do is opt in to have a chance to win.

346
00:13:43.268 --> 00:13:55.697
Even if you don't win, everybody that opts in to enter is going to win a scholarship summer camp offer from Boulder so your kids can have the best summer camp experience of their lives.

347
00:13:56.197 --> 00:13:57.598
Enter for a chance to win.

348
00:13:58.002 --> 00:13:59.904
So he just needed to use the word free.

349
00:14:01.045 --> 00:14:03.848
Otherwise, the rest of this is all really good.

350
00:14:03.889 --> 00:14:04.850
It's got good visuals.

351
00:14:04.890 --> 00:14:05.731
He's good energy.

352
00:14:06.211 --> 00:14:07.953
He started with the really expensive thing.

353
00:14:07.973 --> 00:14:08.634
So it's anchored.

354
00:14:08.674 --> 00:14:12.318
So they know that it's going to be pricey if they want to buy.

355
00:14:12.338 --> 00:14:19.185
The only thing I would have done differently is I wouldn't say everyone is going to win a scholarship because that kind of removes the...

356
00:14:20.190 --> 00:14:22.592
the excitement out of winning or getting a scholarship.

357
00:14:22.713 --> 00:14:23.593
So I would have just tweaked it.

358
00:14:23.613 --> 00:14:27.097
So you just say more than one person can win and you have your first and second place prize.

359
00:14:27.117 --> 00:14:30.080
And you should have just said first place prize is this, second place prize is this.

360
00:14:30.520 --> 00:14:33.604
And then during the seven day countdown, done the drawing.

361
00:14:33.724 --> 00:14:37.307
And then that's when you contact people and say, hey, you got one of the second place prizes.

362
00:14:37.548 --> 00:14:39.429
Tiny tweak, but it makes a pretty big difference in conversion.

363
00:14:39.610 --> 00:14:41.431
But the actual creative itself, like the actual...

364
00:14:42.052 --> 00:14:45.755
The energy, the vibe, the camera, how they showed everything, really good.

365
00:14:46.235 --> 00:14:46.855
Fundamentally sound.

366
00:14:47.176 --> 00:14:52.439
Because the thing is, we have to run this fast because they got to know if they're going to do it right.

367
00:14:52.479 --> 00:14:57.082
So this is going to basically be seven day, like a seven to 10 day campaign.

368
00:14:57.102 --> 00:14:57.523
Okay.

369
00:14:58.383 --> 00:15:04.887
After you select the winner, you then call all these leads to then sell them using the standard offer.

370
00:15:05.087 --> 00:15:05.428
Perfect.

371
00:15:06.048 --> 00:15:06.588
Which is this.

372
00:15:06.768 --> 00:15:06.909
Yep.

373
00:15:07.729 --> 00:15:11.051
And then basically you kick off the campaign that runs the page that you just went to.

374
00:15:11.071 --> 00:15:11.551
Okay.

375
00:15:11.772 --> 00:15:13.473
And then you'll call those leads.

376
00:15:13.653 --> 00:15:13.793
Yep.

377
00:15:13.893 --> 00:15:15.294
So this will give you a flood of leads.

378
00:15:15.774 --> 00:15:16.615
It's going to be seven days.

379
00:15:16.635 --> 00:15:17.235
We're going to cram.

380
00:15:17.395 --> 00:15:18.516
We're going to push the email here.

381
00:15:18.716 --> 00:15:21.278
We're going to push the paid ads to here.

382
00:15:21.478 --> 00:15:21.718
Love it.

383
00:15:21.818 --> 00:15:22.879
And then phones follow up.

384
00:15:23.019 --> 00:15:23.999
I'm going to draw this out for you.

385
00:15:24.320 --> 00:15:27.722
So we're going to have giveaway ads.

386
00:15:29.303 --> 00:15:30.003
plus page.

387
00:15:30.483 --> 00:15:31.524
And this is just a landing page.

388
00:15:31.544 --> 00:15:32.284
Those are going to be great.

389
00:15:32.304 --> 00:15:32.544
All right.

390
00:15:32.805 --> 00:15:36.086
And you just want to have a countdown timer at the top because that's what creates the urgency around it.

391
00:15:36.587 --> 00:15:42.150
And then with this, just send an email and text of how many days left until the drawing.

392
00:15:42.290 --> 00:15:42.510
Got it.

393
00:15:42.970 --> 00:15:44.891
And then on that day, pick one person.

394
00:15:45.071 --> 00:15:46.032
Congratulations, you won.

395
00:15:46.152 --> 00:15:46.452
Great.

396
00:15:46.932 --> 00:15:49.674
And then everybody else, hey, congratulations, you won second prize.

397
00:15:49.874 --> 00:15:50.054
Yeah.

398
00:15:50.494 --> 00:15:50.714
Right.

399
00:15:51.054 --> 00:15:55.876
And then like, but then you have to put another countdown for the claimant, which is like our summer can's filling up.

400
00:15:56.236 --> 00:15:57.897
So in order to make, otherwise they're not going to claim it.

401
00:15:57.917 --> 00:15:58.077
Yeah.

402
00:15:58.097 --> 00:15:58.197
Yeah.

403
00:15:58.337 --> 00:16:01.518
You have 72 hours to claim your second place.

404
00:16:01.999 --> 00:16:02.239
All right.

405
00:16:02.279 --> 00:16:03.899
So that's what I'm sending them to the landing page.

406
00:16:04.039 --> 00:16:04.460
Yeah.

407
00:16:04.540 --> 00:16:10.462
So seven day countdown and then 72 hours to claim second place.

408
00:16:10.742 --> 00:16:20.193
Then after that, two, we fire off the buy four get six variations that were just typed over there.

409
00:16:20.213 --> 00:16:24.598
And then basically you have to run this until the cows come home.

410
00:16:25.059 --> 00:16:27.862
And then on the thank you page for the giveaway...

411
00:16:29.103 --> 00:16:30.324
Make sure this is legal in your state.

412
00:16:30.344 --> 00:16:31.825
So this is not me saying this is legal.

413
00:16:31.926 --> 00:16:40.913
Make sure that the laws of your area allow this on the thank you page have an opt in that says, do you want, do you have any other parents who have kids?

414
00:16:41.514 --> 00:16:44.736
You can like send them this page.

415
00:16:44.776 --> 00:16:47.999
So just gives them a copyable link and then they can forward it to a friend.

416
00:16:48.199 --> 00:16:54.321
And for every person that you send to opt in, you get an additional drawing in the giveaway.

417
00:16:54.521 --> 00:16:54.821
Right.

418
00:16:55.001 --> 00:16:57.762
Because parents love when their kids go with their friends' kids.

419
00:16:57.822 --> 00:16:58.042
Yeah.

420
00:16:58.142 --> 00:16:58.322
Yep.

421
00:16:58.682 --> 00:17:02.904
So plus one referral ticket.

422
00:17:03.484 --> 00:17:05.504
And so here we go.

423
00:17:05.524 --> 00:17:08.625
So you're going to give away two of these, right?

424
00:17:08.745 --> 00:17:10.486
So one goes to the winner.

425
00:17:11.266 --> 00:17:13.647
And if you're the person who referred the winner, you get it too.

426
00:17:15.108 --> 00:17:15.408
Awesome.

427
00:17:15.489 --> 00:17:19.733
That way they can, so if you just do it for yourself, if you just do it for you, you've got a shot.

428
00:17:19.894 --> 00:17:22.577
If you're for a hundred friends, you have a hundred more chances.

429
00:17:22.637 --> 00:17:22.997
Love it.

430
00:17:23.297 --> 00:17:26.561
Once we run this whole play, then we have to flip the campaign to this.

431
00:17:26.882 --> 00:17:29.384
And this offer might have to change as the summer moves on.

432
00:17:29.525 --> 00:17:32.047
But I think this becomes the call evergreen structure for the summer.

433
00:17:32.067 --> 00:17:32.448
Okay.

434
00:17:32.548 --> 00:17:33.549
This becomes a launch.

435
00:17:33.569 --> 00:17:34.050
Okay.

436
00:17:34.730 --> 00:17:38.853
And the benefit of this is that we're advertising the big number.

437
00:17:39.093 --> 00:17:43.935
And so when it gets dropped down all the way to 300 bucks, it feels like nothing.

438
00:17:43.955 --> 00:17:45.816
And you're attracting people who want this big thing.

439
00:17:45.897 --> 00:17:50.299
And so when you get on the phone, you don't have to sell them the big package.

440
00:17:50.819 --> 00:17:51.800
They already said they wanted it.

441
00:17:52.260 --> 00:17:54.441
I'm just, this is a master at work.

442
00:17:54.461 --> 00:17:55.402
You're so good at this.

443
00:17:56.162 --> 00:17:56.743
Oh, let's.

444
00:17:57.043 --> 00:17:57.483
Yeah, I know.

445
00:17:57.523 --> 00:17:58.204
Let's get it to work.

446
00:17:58.224 --> 00:17:58.744
Keep going.

447
00:17:58.764 --> 00:17:59.424
You're doing it.

448
00:17:59.605 --> 00:18:00.925
But I think this is the best shot you have.

449
00:18:00.945 --> 00:18:01.186
I love it.

450
00:18:01.206 --> 00:18:02.106
Getting the cash that you need.

451
00:18:02.446 --> 00:18:02.827
I love it.

452
00:18:03.067 --> 00:18:06.909
But that's basically, this is how do we get you through?

453
00:18:06.929 --> 00:18:11.892
Because basically at the rate you're at now, you have 90 days of burn.

454
00:18:12.112 --> 00:18:15.134
But if we make money, then all of a sudden that pushes out of the way.

455
00:18:15.254 --> 00:18:35.003
said that then feeds the next business unit right yep there's a lot of stuff but sure there's only a few moves that are going to make you the amount of money that you need that's material but yeah that's it it's brilliant cool we'll run it to play and we will execute it alex thank you appreciate you man no i appreciate you hard spot it's okay

456
00:18:37.914 --> 00:18:43.058
Smooth seas do not make a strong sailor, whatever the 50 saying is.

457
00:18:43.779 --> 00:18:44.520
All right.

458
00:18:44.560 --> 00:18:46.021
Let's look at where we're at in the scaling roadmap.

459
00:18:46.101 --> 00:18:46.842
How many employees do you have?

460
00:18:46.862 --> 00:18:47.042
1,000?

461
00:18:47.062 --> 00:18:47.282
150.

462
00:18:47.402 --> 00:18:47.903
Yeah.

463
00:18:49.424 --> 00:18:49.984
This business.

464
00:18:50.525 --> 00:18:51.165
That's so tough.

465
00:18:51.546 --> 00:18:54.068
How many are like not just day workers?

466
00:18:54.108 --> 00:18:54.648
Yeah, good.

467
00:18:54.668 --> 00:18:55.269
Probably about 10.

468
00:18:55.589 --> 00:18:56.049
Okay.

469
00:18:56.110 --> 00:18:57.210
So that's probably more.

470
00:18:57.251 --> 00:18:58.872
I think that's really my state the way I look at it.

471
00:18:59.052 --> 00:19:02.053
So you're like between these two phases, between prioritize and productize.

472
00:19:02.273 --> 00:19:02.934
Yeah.

473
00:19:03.254 --> 00:19:09.797
Basically, what we did here is we're spending more on Nishdown messaging, which is the new offer, right?

474
00:19:10.237 --> 00:19:12.698
We made something new to sell them, which is the product.

475
00:19:13.298 --> 00:19:17.940
Sales aids and materials, this can be the VSL that you're going to put on the landing page.

476
00:19:18.060 --> 00:19:18.200
Yep.

477
00:19:18.320 --> 00:19:19.361
By the way, if you're curious,

478
00:19:19.881 --> 00:19:20.962
Have you been through this kind of roadmap before?

479
00:19:21.002 --> 00:19:21.262
I have.

480
00:19:21.362 --> 00:19:21.643
Oh, yeah.

481
00:19:21.783 --> 00:19:22.123
Yeah, yeah, yeah.

482
00:19:22.403 --> 00:19:22.723
Is it good?

483
00:19:22.984 --> 00:19:23.724
Oh, it's brilliant.

484
00:19:23.824 --> 00:19:24.565
Yeah.

485
00:19:24.785 --> 00:19:26.026
I used it last night to prepare.

486
00:19:26.286 --> 00:19:26.687
There we go.

487
00:19:26.867 --> 00:19:27.687
So it's free.

488
00:19:27.848 --> 00:19:29.609
If you're a business owner, you're like, I don't know what phase them in.

489
00:19:29.909 --> 00:19:35.454
Each of these little squares has like a huge explanation behind it to know exactly where you're at for your business and how to apply it.

490
00:19:35.474 --> 00:19:36.114
And again, it's all free.

491
00:19:36.134 --> 00:19:36.715
You can go grab it.

492
00:19:37.075 --> 00:19:42.379
What we did was we just bought him, if he executes everything, three more months to live.

493
00:19:42.740 --> 00:19:48.784
And so sometimes a lot of entrepreneurship is just buying the next week, the next month, the next payroll.

494
00:19:48.804 --> 00:19:49.045
Yeah.

495
00:19:49.545 --> 00:19:49.905
It's tough.

496
00:19:50.326 --> 00:19:51.166
I mean, you got to give it to him.

497
00:19:51.186 --> 00:19:51.847
There's a lot of grit.

498
00:19:52.467 --> 00:20:00.193
Like, just, I mean, even at the end when he's like, I'll put my whole life savings into, like, what he saved his whole career as a, you know, in the financial field to doing this.

499
00:20:00.233 --> 00:20:01.595
Like, I have a lot of respect for it.

500
00:20:02.235 --> 00:20:04.337
He may find that this offer just absolutely murders.

501
00:20:04.477 --> 00:20:09.020
I mean, it's the best shot I can think of, of how do you generate cash ethically within this season?

502
00:20:09.541 --> 00:20:09.921
And so...

503
00:20:11.182 --> 00:20:13.783
If we can pull out of that cash forward, which is the whole purpose of the Money Models book.

504
00:20:14.223 --> 00:20:16.264
And that gives them a couple different angles to hit it from.

505
00:20:16.284 --> 00:20:25.287
And so like Jeff Bezos talks about how if you have a 10% chance at 101 return, you should take that bet every time, even though you're going to be wrong nine times out of 10.

506
00:20:25.747 --> 00:20:30.989
The only element that adds an element of realty to that is you should take that bet every time.

507
00:20:31.009 --> 00:20:34.651
But most entrepreneurs go in with only enough money to play two hands.

508
00:20:35.691 --> 00:20:44.899
And so it's like, do you still take that bet where you actually have only a 20% chance of winning, even if it's a hundred X return, but you only have two hands worth to play.

509
00:20:45.579 --> 00:20:49.182
And I think that's more realistic of like what, you know, his particular situation is.

510
00:20:49.543 --> 00:20:56.849
I didn't get to know him well enough to like, I don't know what his team, I don't know if they're, they're able, I don't know of any of that stuff, but I feel pretty confident that that offer will work.

511
00:20:57.472 --> 00:20:58.633
Paul, what's cooking, man?

512
00:20:58.653 --> 00:21:00.034
Still going, brother.

513
00:21:00.154 --> 00:21:00.714
Still going?

514
00:21:01.055 --> 00:21:01.735
Still going.

515
00:21:01.795 --> 00:21:03.236
Did you have to put your 401k in?

516
00:21:03.777 --> 00:21:04.397
Yeah, whole thing.

517
00:21:04.838 --> 00:21:05.558
Oh, Jesus.

518
00:21:06.039 --> 00:21:07.039
That's the life, right?

519
00:21:07.199 --> 00:21:07.620
All right.

520
00:21:07.840 --> 00:21:10.002
So what did you do?

521
00:21:10.242 --> 00:21:11.102
Did you run the play?

522
00:21:11.122 --> 00:21:11.483
Like, what...

523
00:21:12.061 --> 00:21:12.961
Walk me through.

524
00:21:12.982 --> 00:21:13.462
Walk me through.

525
00:21:13.482 --> 00:21:13.742
You're done.

526
00:21:13.982 --> 00:21:14.662
Ran the play.

527
00:21:15.243 --> 00:21:17.464
We got an insane amount of leads.

528
00:21:17.664 --> 00:21:25.248
Like so much so that we didn't have the manpower to deliver what we needed to deliver to close the leads.

529
00:21:25.388 --> 00:21:26.749
Better than the alternative problem.

530
00:21:26.869 --> 00:21:28.910
I'm only a little bit worried about your sales team's.

531
00:21:29.590 --> 00:21:30.070
ability.

532
00:21:30.491 --> 00:21:35.434
We got 3,700 leads and we're trying to call these leads.

533
00:21:35.614 --> 00:21:38.136
I mean, I got a minuscule sales team, right?

534
00:21:38.276 --> 00:21:41.078
And so we ran the play, don't get me wrong.

535
00:21:41.138 --> 00:21:42.499
And we did good.

536
00:21:42.559 --> 00:21:47.022
We did 325% increase compared to prior year in summer camps.

537
00:21:47.402 --> 00:21:55.888
So that's good news, but it could have been so much higher if we had the proper manpower and call sequence and all of the SDRs.

538
00:21:56.008 --> 00:21:56.468
Yeah.

539
00:21:56.788 --> 00:22:00.572
The true model, which is we just didn't have it in that time.

540
00:22:00.792 --> 00:22:04.976
I mean, I do think that is still your Grand Slam offer.

541
00:22:06.477 --> 00:22:14.004
And if you have a 10 to 1 play that you put every dollar you put in, you get 10 back, you should run that play a whole lot of times.

542
00:22:14.645 --> 00:22:16.306
And so I think what we can do is like...

543
00:22:17.067 --> 00:22:20.149
probably just need to get scale up the sales team a little bit.

544
00:22:20.789 --> 00:22:23.791
Um, and you can run the same play just for birthdays.

545
00:22:24.211 --> 00:22:26.292
Birthdays is our wheelhouse.

546
00:22:26.832 --> 00:22:26.973
Yeah.

547
00:22:27.033 --> 00:22:27.213
Right.

548
00:22:27.653 --> 00:22:28.754
And that is year round.

549
00:22:28.794 --> 00:22:30.915
You can run it and you just don't need to spend 20.

550
00:22:30.935 --> 00:22:34.217
You can spend two or three and then you can scale it up.

551
00:22:34.517 --> 00:22:36.598
Anything else that, that, that we talked about that you did.

552
00:22:37.010 --> 00:22:38.510
Yeah, I got to unspeakable.

553
00:22:38.671 --> 00:22:45.232
He gave us permission to start running ads with his videos, which you talked about, and they're converting strong.

554
00:22:45.713 --> 00:22:55.015
And we've been seeing that, like our admissions has doubled in visitation just over the last four to six weeks.

555
00:22:55.676 --> 00:22:56.816
All right, so that is the plan.

556
00:22:57.156 --> 00:23:03.898
So giveaways for birthdays, and then you probably need to bring on a couple of salespeople to handle the volume.

557
00:23:04.238 --> 00:23:09.340
And I wouldn't be afraid of hiring salespeople because as long as you have lead flow, salespeople always make you more than the price for them.

558
00:23:09.620 --> 00:23:11.260
So like, I would just don't be afraid of that.

559
00:23:11.280 --> 00:23:12.320
That's, that's growth spend.

560
00:23:12.501 --> 00:23:12.781
Okay.

561
00:23:12.801 --> 00:23:13.401
Very low risk.

562
00:23:13.421 --> 00:23:13.541
Yeah.

563
00:23:13.821 --> 00:23:14.241
Sweet.

564
00:23:14.261 --> 00:23:14.661
Beautiful.

565
00:23:14.781 --> 00:23:15.101
Beautiful.

566
00:23:15.181 --> 00:23:15.481
All right.

567
00:23:15.521 --> 00:23:16.702
Do you feel like, do you feel hopeful?

568
00:23:17.162 --> 00:23:17.542
I do.

569
00:23:17.682 --> 00:23:19.043
The team is stronger than ever.

570
00:23:19.583 --> 00:23:26.905
And now with these models starting to kind of find their way, like there's foundation being built that's stronger than it's ever been.

571
00:23:27.265 --> 00:23:28.205
And that's a really good thing.

572
00:23:28.245 --> 00:23:28.605
Well, good.

573
00:23:28.866 --> 00:23:29.586
Well, I'd love to hear it.

574
00:23:29.986 --> 00:23:31.746
And yeah, I think I'll see you.

575
00:23:31.826 --> 00:23:32.487
I'll see you soonish.

576
00:23:32.767 --> 00:23:33.387
I can't wait, man.

577
00:23:33.747 --> 00:23:34.367
Thank you so much.

578
00:23:34.467 --> 00:23:35.067
Appreciate you, Paul.

579
00:23:35.087 --> 00:23:35.868
All right.

580
00:23:36.408 --> 00:23:36.708
Yeah.

581
00:23:36.788 --> 00:23:39.749
So it's interesting is like, I think one of the big issues that he was dealing with was cash flow.

582
00:23:39.769 --> 00:23:44.390
And so cash flow is the constraints we had to generate as much cash as possible, which means you need a really strong attraction offer, which we cracked.

583
00:23:44.670 --> 00:23:53.933
Now, what he did here is he took and made a second attraction offer with birthday parties and it worked just as gangbusters as the first, which is honestly insane in a really good way.

584
00:23:54.093 --> 00:23:58.895
And so he now has two front end offers that are gangbuster napalm offers that just can blow up.

585
00:23:59.035 --> 00:24:02.196
So his actual constraint right now, and I'll see what he thinks it is, is sales.

586
00:24:02.896 --> 00:24:03.096
Right.

587
00:24:03.136 --> 00:24:07.340
So like him getting even more leads on another offer, if you still can't convert them, it doesn't really matter.

588
00:24:07.700 --> 00:24:12.784
But if you had the cashflow, he'd be able to hire the people, he'd be able to get his, you know, building up to capacity, be able to be profitable.

589
00:24:12.864 --> 00:24:20.089
And so like right now that is the absolute clear constraint because like cashflow in and of itself is the problem, but you don't just like, you can't solve cashflow.

590
00:24:20.129 --> 00:24:21.831
You have to do the things that create cashflow.

591
00:24:21.851 --> 00:24:27.975
And so generating leads and then selling them, which then predates, uh, which proceeds or so rather comes after making the offer.

592
00:24:28.456 --> 00:24:29.757
That's the sequence that we had to do.

593
00:24:29.877 --> 00:24:30.998
We crack the first one.

594
00:24:31.519 --> 00:24:34.091
Now it's just actually the blocking attack of like work the leads, sell the leads.

595
00:24:34.392 --> 00:24:34.713
That's it.

596
00:24:34.995 --> 00:24:35.256
All right.

597
00:24:35.416 --> 00:24:37.425
And so that was this episode of Scale or Fail.

598
00:24:37.546 --> 00:24:38.410
Stay tuned for the next one.
