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What's going on guys, this is a second half of very good podcast that I had with a manual

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abolo.

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He asked me a really good question, which is if I went back in time and I had all the

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resources I had today, what would I tell myself then to fast-track my success and I think

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it was an interesting answer that a lot of people got.

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Good stuff out of, we transitioned to talking about reviews and testimonies and how to stack

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those to get more people to want to buy your stuff and then finally, how to leverage those

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things, indicating tons and tons of leads for your business especially if you are starting

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out.

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I hope you enjoy.

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Welcome to the game where we talk about how to get more customers, how to make more

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customers, how to keep them longer and the many failures and lessons we have learned

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along the way.

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I hope you enjoy and subscribe.

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So I mean, when it comes to selling this offer, right, you are putting out this offer

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and usually when we say we're on sales scores, we basically have one to five things we just

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want to double around, three to five things we want to sell in this corner.

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How do you include all this you just with for them to get to the point of the objection

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and then you just just say, I can't do this, then you tell them, I have this cover.

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So is that how you think about it?

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If you're in a one-on-one selling situation, you want to include those bonuses because

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you want to over-deliver.

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So if I didn't promise you something and then when you buy it, you get more than I promise

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to you, you're happy.

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That's the point.

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We want happy customers.

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If when we get on the sales call, they say, you know, I had to think about it, then we

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would ask the simplest question in all of sales, which is what's your main concern.

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What are you afraid of having happened?

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If this went poorly, what would that look like?

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And what they'll do is they'll tell you what their fears are.

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And then it's up to us to say, totally understand every customer I have is the exact same

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fears.

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And here's how we make sure that's not going to happen.

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Fair enough.

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And then we go for the sale, right?

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And if they say no, it's like, what else is your main concern?

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What else are you concerned about, right?

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And then they'll tell you something else and you're like, totally understand.

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So we did to make sure you do that, little quick antidote about how we made it.

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And that's how you won't have to struggle with that issue.

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Fair enough.

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And we just keep going back over and over and over again about how we've solved the problem

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and then we present the offer again.

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Yeah.

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And when you were shopping, so James, I just thought, you're doing, you were helping them

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get more customers.

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But you also working on the offer and how did you call their offers?

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Yeah.

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So for them, I already knew what the offer was.

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So I already had the best converting offer and I already had all the bonuses made.

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So I white labeled all the bonuses that I had spent all my time providing.

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So you're like, how am I going to do all this work?

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I'm like, I already get to the work for you.

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I made the groceries.

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I made the fruit preparation structure.

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I made the Alcott.

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I made the liquor fingers lunches, the delectable dinners, the banging breakfast, the shake

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guide.

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I made all of those things and I made them for four different weight classes.

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So they had 40 different deliverables that they could just slap their logo on.

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So then I made, I showed the video on how to slap your logo on this thing so that they

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could make it easier for them, right?

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I provided all that stuff and then I spent my own money.

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I worked the leads myself.

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I sold them myself and then I taught them how to fulfill those customers in person.

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And I did that for almost two years.

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And they were like, they do it one time and they're like, ah, why am I not a guru?

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Well, you have to be really good.

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I think that's probably the reason why Dignitian Tim is really important.

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It's really an addition to an avatar that you can really, like you have basically everything

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made out for it.

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I can just program it makes a lot of sense.

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So basically when it comes to pricing, okay, I think I have access to this already.

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Yeah.

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When you, you said at the beginning of your journey, you were basically using out of

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scarcity as you were visiting your business and of scarcity because you wanted to make

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money.

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Now, if you had to go back and then it was quite a number of people a year and probably

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that's what you need to make money.

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And now you're basically giving it all to me.

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Would you still be put on a good giving it all away if you run back in time with your

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mindset as well as when you're in terms of using your business and starting, I was more.

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How would you approach that?

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It's a great question.

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I think that I would more quickly pivot to where I'm at now and probably instead of

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taking so long to do it, but I mean, I would still satisfy my immediate needs.

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You know what I mean?

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Like if I need to go make money, I would go make sure that I was making money, but I might

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do it a bit differently.

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And so that's one of the difficulties is that I have context and skills now that I didn't

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have when I started.

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So if I were to start over again, I would probably be able to do things that I didn't know

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how to do when I started.

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So I would see opportunities in a very different way.

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I would know how to build the business so much faster than I did then.

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And so I mean, if you're operating out of scarcity, I completely understand.

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I tend to just lean towards stop trying to be cute and stop trying to be fancy and just

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find an avatar that you'd like and do everything you can to solve their problem.

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Right?

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Everyone just gets so obsessed with their revenue metrics and the other things that

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they forget about the customer.

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So like just go crazy on the customer and if you can do that, you'll make the money.

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And then the longer you give before you ask, the more money you'll make.

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And I'll tell you a big wealth secret.

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If you give enough, you don't ever have to ask.

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People will just come to you and they'll give to you without you ever asking.

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This is going to jump, jump, jump, right?

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Right.

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I mean Gary, he talks about too.

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So it's not just me.

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He talks about it as he's mentioned this.

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So it's not me saying anything different than him.

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But if you just give more.

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And so the real real is, if you can satisfy your immediate needs, right?

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You can satisfy your immediate needs for food and shelter.

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If you can take a longer term perspective, you will win much better, much faster because

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goodwill multiplies faster than revenue.

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And so you want to hold back that ask as long as you can be the possible.

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And if you do hold it back as long as you can be the possible, you'll be surprised that

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you will monetize without even needing to try.

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This is just my first hand experience at this.

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And you might be like, Alex, sure you can say that now because you've x, y, and z.

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And sure, right, I can't have a long term perspective because I don't need any of that

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stuff.

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But I'm telling you, it is a better business strategy.

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It is.

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And that's why you look at the biggest companies in the world that give, they give so much

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value for free.

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And they find otherwise monetizing, right, like good Gmail.

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It's free.

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Like how crazy is that?

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It's free.

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They made Gmail for free, right, Google, we could use it for free.

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We could to use YouTube for free.

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It's nuts, right, and they find other ways to monetize it.

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So that's kind of the idea here is I like, and a lot of times when people are starting

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out, they're afraid of giving their secrets also away.

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And the answer is you should always just give away as much as you really can.

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And I know that I'm giving away the quote right amount when I'm afraid of how much value

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I give.

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Like if you're not afraid of how much you're giving away, it's not it.

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Yeah.

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But you should have anxiety about it.

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Yeah.

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Awesome.

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I mean, someone is asking, and I think I'll just take this to the, you know, the passive

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lecturing to a machine, and she said, how do you handle claims on course asking for

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a testimony of what a reference is for a new offer?

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And, you know, basically, I think that's basically trying to come against them that the

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likelihood of results high, what this time is a new offer.

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So how do you do so?

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Do you frame me to start?

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How do you frame me to do so?

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Well, you run a beta group.

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I mean, this one's damn it.

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Like if you've never done it before, then don't promise something.

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Go take 20 people and say, I'll do it for free as long as you give me a testimonial, and

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you give me fair feedback so I can help you throughout this process.

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I mean, I spent two years going from gym to gym for no money.

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So like, I mean, like I lived with this.

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People do it for a month.

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I did it for two years.

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You know, I'm just, I'm just putting perspective on this.

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Like the wider the base of the pyramid, which is the foundation that you decide to lay

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in terms of the depth of your skill, the taller the peak is.

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For fear of sounding trite, there's no, there's no shortcut.

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Like the height of your pyramid will be determined by your skill set, the depth of your skill,

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the depth of your roots that you've planted.

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When the depth comes from repetition, it comes from volume, it comes from skill, it comes

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from time.

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Right?

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It's time under the bar.

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A lot of people start willing to do that, and that's why most people won't achieve

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level success.

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They do that.

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They want it so bad.

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They're not willing to wait, but the only way to get it is to wait long enough that

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it becomes inevitable.

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Yeah.

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I mean, sometimes it still has my business.

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Yeah.

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Yeah, it looks so hard to wait as, as sometimes because, I mean, you really have to provide

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views on it.

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Well, it's just because of comparison though, it's not actually hard to wait.

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You know, my, my, my dad said this to me, and I think there's, there's some wisdom in

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it.

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He said, you know what?

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No matter how much money you make, he said chicken tastes like chicken and rice tastes

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like rice.

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Nothing changes.

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It's just, it's just people feel like they're cool falling behind from some dude on Instagram

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is probably why, right?

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Like in my stuff, some people compare to their, their numbers to my numbers, and like,

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how many years have you been in business right now?

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My parental bias is three years, three years, right?

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So for context, my third year in business, I think I made $50,000.

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My fourth year in business, I made $50,000.

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Right?

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And so like we were seeing what we're doing now, and they're like, oh my God, I've put

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almost a decade, you know, and like we're now just receiving some level of notoriety.

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And candidly, the other part of it is that we made our money doing the thing rather

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than teaching how to do the thing.

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And I think that's lost in a lot of people.

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Everyone gets to $10,000 a month and immediately makes the course in 10, how to make $10,000.

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Rather than, why don't you go to $100,000 a month?

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Why don't you go to a million a month?

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Why don't you just keep doing the thing that you're doing?

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I think I just probably think this one as a last question, someone says how I said,

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what's your assistance?

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How do you position your agency for high paid clients?

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So do you have any, as if you're unique on such a dance?

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Real quick guys, if you can think about how you found this podcast, somebody probably

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tweeted it, told you about it, shared it on Instagram, or something like that.

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The only way this grows is through word of mouth.

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And so I don't run ads, I don't do sponsorships, I don't sell anything.

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My only ask is that you continue to pay it forward.

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Do you ever show to you or however you found out about this podcast that you do the exact same thing?

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So if it was a review, if it was a post, if you do that, it would mean the world to me

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and you'll throw some good karma out there for another entrepreneur.

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Well, I think there would be a business model question too.

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So, you know, there's a number of different models you can do there.

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You could specialize in creating one specific type of service provider.

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So let's say you were like, I will train people on how to run ads.

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And so you say, hey, I'll give you a media buyer for $10,000 one time and it'll be fully trained.

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And after that, it's only $200 a month or whatever, whatever the income of the VA is, right?

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That would be one model, another model could be the same concept in terms of what you do,

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but you might monetize by saying, hey, you can pay me $1,000 a month and I'll assign you a full-time rep.

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And you pay $200 a month for the person the whole time.

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And as long as they stay an employee of that company, that becomes a staffing play

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for like you become like a staffing company for payroll.

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That has very, very good enterprise value, has really good stick rates for the most part

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as long as the people are good.

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So again, if you have a high level of skill, you can teach people the high level skill,

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which means that you can sell the high level skill on their behalf to other people for more money.

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If you are not that skilled, you will not be able to teach a high level of skill

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and so that you won't be able to sell a high level skill on their behalf.

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So it all goes still back to like, what's the value that we can provide?

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And the better you can get at both acquiring the skill for yourself

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and teaching the skill in a replicable way, then if you do that, then you'll always be able to provide value, right?

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Because you're helping this person who's the VA get probably better income

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than they would normally be able to get.

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You're going to help the business owner get labor for lower than they normally would be able to back.

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And there's this nice delta of room and that's where you can extract the value

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that you want for yourself for connecting the tip.

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Also, just because I have heard you say this quite often,

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quite a while recently, about the five different channels of this generation.

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I'm talking about one media and media six spread out, six, yeah.

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One media and media, a paid traffic, you know, outstrips and, you know,

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reflals.

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I talk about five of them in India, one big contrast.

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So many are asking about organic markets and how you feel about it.

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So if you and that's maybe you would just elaborate on that business.

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Sure.

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So, like I mean, I just said, there's a lot of ways to acquire customers, right?

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And each of the strategies is pros and cons.

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If you were at zero to a million, you just need to pick one.

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You have to pick one and become a master at it because that's you when you're starting out.

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You have no leverage.

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Once you get higher up, you'll still probably need to learn a second one

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or scale that one even higher to maybe, you know, three million a year.

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And then at that point, you'll have enough leverage from a monetary perspective

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that you can find somebody who's good at another channel, bring them in

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and then have them build out a second channel and then find someone else who's good at it

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and build out another channel.

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You can't try and pay someone to learn it.

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That's a dumb idea.

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Find someone who's already done it for a business that's more to yours

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and then have them build out that team on that channel.

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So in terms of what are my feelings on organic marketing?

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I mean, I'm a huge fan if you're very good.

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Highly generous work great for, can credit actions work great for.

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We honor this work great for it, right?

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So if you have if you have star power, you're good on camera,

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you look amazing or you're amazing at delivering content.

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And the way that you define that is if you make stuff and people share it

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and subscribe to your channel or follow you or download your podcast,

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then you're good at it.

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If you do it and none of that happens, then you're not that good at it.

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And so I think that the lesson at least for the organic stuff is

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you can start investing in that stuff now because in time you'll get better at it

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and it'll be a hockey stick for two years, three years, nothing will happen.

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And then all of a sudden, you'll get good enough after you make 100 videos

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or 200 videos, 300 videos, you'll learn your voice, you learn how to speak,

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you'll learn your key and you'll start to really develop something

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that becomes more interesting to an audience, right?

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And it's okay to suck.

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I think everyone just doesn't give themselves permission to suck.

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But in terms of speed to money, pay traffic is the fastest.

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It also requires the most skill and requires capital.

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So not everyone's in that situation.

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So if you're looking for the cheapest fastest, then you're pretty much left

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with three channels, right, which is going to be your owned media,

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which is all the contacts you already have in your cell phone, your followers

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on Instagram, your friends on Facebook, all those people have given you permission to access them.

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So that's the fastest and cheapest and probably highest likelihood of success

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for most people who are starting out.

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You probably have between all those, at least 2,000 people who,

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between all those sources I just said, that doesn't even include a customer list.

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Just, just that.

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So it's 2,000 people you can raise out to.

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If you reach out to 100 people a day, it would take you 20 days just to get through the list once.

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So you can have multiple runs at that list and you probably have enough cash

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phone experience to then go to either cold app bound because you'd learn enough

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from the warm to extrapolate to cold, which would be in a second way,

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which is fast in terms of like you can make some money and it costs you very little

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because it's just your time, but scaling it requires people.

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So you have two people doing that, five people doing that,

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20 people doing outbound on your behalf.

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The next way is affiliates.

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And that's probably like if I had to start over tomorrow and I had to make a ton of money,

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it would be, how do I find partners that already have my client base that I can tap into

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and create some sort of value proposition to them to make it a win?

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And so my last two companies were off that strategy.

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You know what I mean?

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So my supplement company is based on affiliate network.

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It's not, it's not on a direct response.

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So how do I feel about organic?

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If you're good at it, it's worth it.

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It takes time and if you need to feed yourself today, I would do that

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so that eventually you'll get the dividends, but I would still like your,

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your money is going to be like, make sure you don't get obsessed with that.

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I would say take the two hours a week, do the two or three videos or podcasts,

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or whatever it is that you want to do.

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And then the remainder of your week is focused on making money.

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Ask about Facebook groups.

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Facebook groups are fine.

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It's just, it's a version of owned or earned media.

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Yeah, also, and your book, the next book coming out, is it under the organization,

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or which of them is that?

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Yeah, I think it'll be lead general.

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I think lead general should be number two.

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And then the third one will be money models, which is kind of the originally

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called monetization structures, but I have a feeling that doesn't sound as sexy as money models.

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So I'll call it money models, but it's basically all the different ways

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that you can structure offers to monetize off promotions.

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And so there's 19 different offer structures that I have in the book.

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It's one of the ones that I'm actually the most afraid of publishing.

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It was the first book I wrote because I think it's like the stuff that I geek out the most about,

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but I'm not sure if it's going to be too dense.

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So I might want to figure out how to make it really readable for people

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because it's offer combinations, how to sell continuity, downsells, upsells,

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all the different metrics and things like that that you need to look at.

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But I'm not sure if it's going to be too boring.

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So I'm trying to make it really interesting.

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All right.

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Yeah.

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I'm basically about six months, so he's saying, is it 19 to a doubt?

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I think I have 10 in total.

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I know the first six, and I'm sure that once I write the six,

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I'll probably have three or four more that I'll come out of it.

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But it'll be, so we have offers first.

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We'll have lead generation second.

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I think money models will be third.

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Sales will be fourth.

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Sales teams will be fifth.

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Increasing lifetime gross profit per customer will be six.

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I'll probably come out of the sexier name for that,

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but that's what it is is making more per customer.

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And then I'll probably end up making some sort of one around money,

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just money in general, money beliefs, wealth stuff.

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I'll probably make something around buying and selling businesses.

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And so I'll let it evolve over time.

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But the first six are pretty, pretty clearly to find.

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I already have those wire framed out in the first.

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The next two books are already pretty much written.

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I just have to go back over them and re-edit them

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and try and simplify them and make them easier to read

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and put more pictures and all that stuff.

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So I would just like to know, what's next for you?

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Maybe in the next, after you're done with all these books,

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I know what's next.

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Well, that'll probably take me a few years.

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So I mean, acquisition.com and the courses and books

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that are going to come out for free from there,

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that's kind of just a passion work.

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I'll probably continue to do that as I acquire more skills

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and as belief change, I'll probably also update some of them

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and re-release a few of them if they change substantially

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or might be used to develop on them.

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But the phase that I'm answering is I'm trying to just deploy

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a capital into small businesses.

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So three, five, 10, $20 million businesses

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and invest in them and the entrepreneurs

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and then also use the resources that I have,

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the connections that I have.

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And then whatever strategic it's I can provide to help them grow.

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So that's pretty much what I think my foreseeable future

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is going to be is that.

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And then I'll probably layer in a strong element

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of philanthropy beyond the obvious of just giving away

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everything for free for everyone who's not a company title.

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So that's just kind of, so that's where it's at.

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And I think that, you know, Laila and I

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have the goal of giving away more than

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as being the couple that gave the most.

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And so that's, you know, I don't know if I'll ever achieve that,

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but that is the goal we have because at the end of the day

399
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like there's one thing to hold it all

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and then donate a bigger number

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because I think we'll be better at allocating capital

402
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than maybe a charity would be.

403
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But, you know, in some ways it's like what's the point of accumulating

404
00:18:41.640 --> 00:18:43.280
and all than dying and giving it away.

405
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It's like I'd almost rather, I'd rather give less

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than an absolute amount of the enjoy the benefit

407
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but then I think is that me being selfish.

408
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So I go through all of these different, different versions

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of the same thing.

410
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I'm like, what does it matter from being selfish

411
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because it won't matter anyways?

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So anyway, that's where I head off into.

413
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Thanks so much.

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Thank you.
