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I started getting 101 coaching with Grand Cardone, and if you're curious, it's $30,000 an hour.

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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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I had a ton of DMs and questions about a posted media here on Instagram, which is that

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I started getting 101 coaching with Grand Cardone, and if you're curious, it's $30,000 an

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hour.

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I bought four hours, so I'll do one hour, probably every quarter or so.

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I just want to share the things that I'm learning with you.

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Take it for what it is.

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Many of the things may be only relevant to me, but I'm just going to share what I am learning.

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Hopefully you're cool with that.

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The first thing is that the overarching questions that I've gotten from people are, why would

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you pay that much?

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It's so expensive, etc.

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One of the things that I've learned over time is that in the beginning, you really

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just need to acquire skills, and skills you can learn from courses, you can learn from

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books, you can learn from seminars, you can learn from workshops.

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The best way to do it is to, in my opinion, pay someone more than you normally would who

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has the skill to teach you 101.

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I have gotten almost every skill that I have acquired.

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I've spent money to acquire at a faster rate than learning on my own.

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I just can't even tell you the amount of money that I've spent on coaching and information.

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It's because information is the only thing that allows you to buy time back.

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Instead of me taking five years to learn a skill, I can learn it in five weeks, and I

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have to pay to do that.

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Then I'm going to have the benefit of having that skill for four years and fifth or forty

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whatever, seven weeks.

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I'm going to have this huge advantage for four and a half plus years where the other

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person wouldn't.

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If you start doing that again and again, you start stacking those advantages and then

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you get such disproportionate returns on the rest of your time that you more than make

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it back.

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I can't even tell you the best ROI of outing on anything of any investment is investing

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in skills.

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Once you have the skills, then you need really the character traits.

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Those are things like when you have to do that self-work of not hating yourself and all

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the other things.

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I won't get into that because it's another time for another video.

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The next piece is going to be the beliefs.

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These are some of the hardest ones to recognize because it's hard to recognize the things in

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yourself because you already believe them.

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One of my favorite quotes in both of the books that I've written is that we question all

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of our beliefs except for those that we truly believe and those we never think to question.

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That's been one of the biggest blocks for me because it's so hard.

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You can't look at yourself and know what you believe that is incorrect because you believe

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it already, especially if you truly believe it.

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Having someone from the outside who is significantly above you or further along in their career

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help is just invaluable.

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For the first hour that I spent with Grant, he picked out a handful of things that were

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valuable for me.

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I told him that the three main objectives that I had from our conversations was one,

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it was a wealth strategy, two, it was an income strategy, and then three, what to do about

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fame and kind of personal brand because those are the three things that I think he's done

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really well with.

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The first thing that he identified when we were talking about these three things was you

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needed to deal with your wealth first.

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My wife and I have accumulated a lot of money over the last three or four years, multiple

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eight figures after taxes that we kind of have stockpiled.

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We've probably put, I'm just being transparent with you guys, I've put about half of that

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into equities, they're basically meaning stocks, I buy indexes because they're the most

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stable.

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I take a lot of risk in my normal business, every day we're entrepreneurs, we take risks.

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For me, I'm actually very risk averse when it comes to my investing.

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I just want stable returns, I don't want crazy doubling, which is why I don't invest in

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Bitcoin and things like that because I think they're speculative and that's another, I think

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I talked about in a different video, I have nothing against it, I think there will be

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a crypto that will win out.

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It's just, I don't, the downside risk of going down to zero is not something I'm willing

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to accept.

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Anyways, I, so half my stuff is in equities and the other half of my net worth is, well

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not net worth, but of my cash is just sitting there more or less and so I'm right now, head

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deep into whole value life insurance, single family homes, multi-family and then commercial,

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which is big apartment buildings and looking at the different vehicles there and seeing,

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you know, which one is best?

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And so his recommendation to me was buy one gigantic building and then don't worry about

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it.

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So basically he's like put all your eggs in one basket, pick it really well because then

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everything is going to be consolidated and then you can get your attention back.

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So one of the biggest belief things that he gave me was that until I figure out my

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wealth strategy, I'm going to have so much attention on that that I won't be able, I'm

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going to have so much, I won't, it literally becomes a problem, a burden in and of itself

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and, and I can feel it is that I don't have the same drive to make just stack tons and

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tons of cash because the thing is now the more cash I keep making, the more it becomes,

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I'm like, God, I have to solve this problem, right?

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And so this was something he identified when we were talking where he said you need to

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solve this first.

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And so that is what I'm prioritizing right now is what to do with all this money, right?

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And allocating it.

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And I'll share with you guys whenever, you know, what we decide to do as we do it.

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But it's, I'm going to be putting half my stuff in hard assets and half of it in equities.

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And between the hard assets, I'll probably be diversifying.

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And the reason I'm diversifying is because I don't know very candidly.

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Like I don't know, it's not my game, right?

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I'm an income guy.

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Like I know how to make tons of money, but the wealth game is not a game that I know.

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And so then it's the opportunity cost of should I started zero for learning the wealth

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game?

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Or should I take all of that time that I would invest in learning the wealth game and

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just reinvest that in generating more income?

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And for me, right now, I'm already at the disproportionate level of return on the information

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and skills that I have in income generation.

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In my opinion, it makes more sense for me to continue to generate cash flow and provide

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value to the marketplace and then find someone else who's a partner who's who's done the

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same amount of work in that space and then negotiate some sort of favorable deal for myself,

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like in a volume discount, so to say, and and put the money in and then get near nearly

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the same returns as I would with a partner and then still be able to generate the cash.

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So that's that's my tentative plan right now.

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I'll probably be doing some degree of single family and then also some big apartment buildings

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as well.

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And so that's that was the first big portion of our of our of our conversation was thinking

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through, you know, the wealth strategy and what I'm going to do.

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I'm going to do partially of what he recommended.

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I'm also just going to do other things as well.

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But the biggest belief part was you need to deal with your wealth first.

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All right.

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Now, if you don't have wealth, then don't worry about it.

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You should focus on income.

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Right.

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And so the next priority after that was not dealing with, but talking about income generation

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in in terms of, you know, what which strategies I was curious about what his thoughts were

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on on brick and mortar business and, you know, where he thought, you know, the entire

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tire space was going.

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And so he he was much more in favor, much more bullish on brick and mortar businesses

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being okay.

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And then I am.

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And so I took that into consideration.

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I was like, okay, he probably has some decent perspective.

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And so I might I might rain back.

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I might taper my my my doomsday views a little bit.

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I think retail is obviously still hammered.

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But in terms of like brick and mortar services, I think those will be okay where you actually

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have to take your body and get your teeth cleaned or get your back cracked or, you know,

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get your haircut.

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Those are things that you usually have to do.

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I mean, there's at home versions of those.

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But I think that those businesses, you guys real quick.

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If you're new to the podcast, I have a book on Amazon called 100 million dollar offers

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that over 8,000 five star reviews and it has almost a perfect score.

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You can get it for 99 cents on Kindle.

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The reason I bring it up is that I put over a thousand hours into writing that book.

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And it's my biggest gift to our community.

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So it's my very shameless way of trying to get you to like me more and ultimately make

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more dollars to that later on in your business career.

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So that's my gift.

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Go check it out.

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Amazon and back to the show.

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So it'll be okay.

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And so he was like, you know, what do you really get at?

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And so I told him the skills that I have and he was like, well, looking at the opportunities

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within the marketplace, I think this is where you'd fit best.

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And he's a huge, huge proponent of lead generation.

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So that was kind of the second big one is, you know, he expanded verticals from doing

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cars, right, and selling sales.

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And he said everybody when he made the switch to going wider was against everyone's that

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you're not going to make it.

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You're not going to be good enough, all that kind of stuff.

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And I'm kind of at that point right now where I'm probably going to open up the verticals

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that we serve from a lead generation standpoint because we're just really good at it.

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And I mean, like we're not good at a lot of things, but that is something that I believe

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that we are.

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I mean, I hate saying best in the world, but like we're premier, we're top, we're very

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good at it.

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And so that is what, that was what his recommendation was was you've done, you know, a hundred

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million plus in a single niche.

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Now start expanding those skill sets to other verticals so that you can go after a bigger

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marketplace.

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And so that is likely, and these concepts are big strategic things, right?

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So they're not like, here's, here's how you run a Facebook yet, you know, I'm like,

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he doesn't, I don't even think Grant knows how to run a Facebook yet, but the point is

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is like the reason I'm paying someone who's further along than me is that he's made mistakes.

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And I had a couple of other directions and things that I'd brought up that he said, you

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know what, I wouldn't do that.

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I did this before, and this is why I didn't work or this is what I didn't enjoy about

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this thing.

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And those are really valuable for me.

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Those were specific to me, but when we talked about, you know, specifically, specifically

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the acquisition, I was like, this is what we're best at for service businesses.

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He was like, then dude, you should do that.

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I don't think lead generation is going to go out, be going anywhere.

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And so that was kind of my big nugget was lead generation as a whole, and I agree with

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that, are not, is not going anywhere, right?

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And so it just as a, as a quick tangent on this, you can buy information from people who

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are doing the same as you or even less than you.

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And I think that's one of the big misnomers is like, I will buy information or get information

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from anyone.

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I care about the quality of the information, not as much as the source.

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And so like I've paid people, I mean, I paid 50, you know, I paid someone recently for

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coaching around a specific skill and I'm pretty sure I make a lot more money than that

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person.

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But the thing is is like, you, it doesn't matter, right?

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Like if they have something that I do not have, I will pay to acquire it.

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And so I made a post yesterday on Instagram about this and I just want to share it with

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you, which is one of the, one of the best beliefs that I have, I've been able to take with

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me is that if there's any human being on this planet that makes any more money than me,

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it means they're better at something than I am fundamentally, like they're better at

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the game in some way than I am.

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And so rather than be envious and castones and say how they didn't do it a legit way

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or whatever, right?

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Whatever your, your ego says because you feel bad about how you're not as good as them.

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And then so then you try and justify why you're not as good because it makes you feel

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bad because you're insecure.

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Instead of doing all that, just at, just identifying the facts, this person makes more than me.

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There's a game that, that rewards value.

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There is some way that they're providing more value to the marketplace than I am.

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What is it?

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And so what it does is it turns envy into intrigue.

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And so I start looking at them and start peeling up, peeling back the layers and thinking,

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there's something here that this person has that I do not have.

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Is it that they're in a better monetization structure?

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Is it that they have a better opportunity vehicle?

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Are they in a better market than me?

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Which, which absolutely is an advantage, right?

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They had the decision wherewithal to pick a better market than I did to go after, right?

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And so that's a decision, right?

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They did something better than me.

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Or is it that they're better at acquisition?

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Is there, are they better at marketing?

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Are they better at branding?

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Are they better at sales?

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Are they, you know, like there's so many different things, you know, are they better at sticking,

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you know, like keeping clients on the back and like, what is the thing that they are

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superior to me at?

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And so I would challenge you that if you see anyone who did any, any bit better than you,

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identify what it is, the skill that they have that you do not have.

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And it's helpful to think about this within the context of sequence, all right?

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So it's like, are they better at generating demand, right?

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So that's lead generation, lead nurture, sale, are they better at converting?

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So that's going to be sales, are they better at scaling sales to sales team?

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Are they, are they have a better conversion mechanism?

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So it could be a webinar or a VSL or a landing page, right?

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I paid, I've paid tons of money for just recently around copywriting in VSLs

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because I think messaging is super important and it's something that I wanted to shore up

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within my own skill set.

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And then, you know, after that, after you've made the sale, is it, are they making a ton

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of profit?

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Are they tax efficient?

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Do they have a better legal entity strategy?

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And so there's all these things that you can always learn from people and you can also

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learn from people who make less than you, right?

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As long as you can just like swallow your pride and I think that there's something to be

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said for that.

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And so many of us, and like, you know, so many people in the marketing space and all

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that stuff, they try and posture and like, it doesn't serve anyone.

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Like you don't get better being envious and you don't get better not learning.

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Like fundamentally, like if someone makes less than me and they are better at something

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than I am, I will pay them to learn it, right?

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Like I don't get any better by saying, well, they make less than me.

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So I'm not going to pay them, like, anyways.

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And so those are my biggest takeaways that I got from Grant and our first, and our first

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chat was that first I needed to focus on wealth.

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Second is that I needed to skill lead generation to across all verticals go bigger.

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And third and lastly, when I was talking about goals, I honestly told him, I shared with

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him some of the goals that I had.

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And in true 10x fashion, he was like, well, how do we get to 100 million a month?

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And that was honestly, I don't think I've had anyone genuinely asked me that question in

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a serious way.

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And it really impacted me.

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It was very helpful for me to hear.

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It was just helpful for me to hear someone say that in ingenuiveness.

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It really got me to thinking about how I would do it.

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And so that was probably one of the biggest gifts that I got from the conversation.

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And so that might not be reasonable or fathomal for wherever you're at right now.

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But whatever your current goal is, and this is true 10x fashion, but it's still different

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when someone's looking at you, which I could give you that gift.

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I paid for that gift, but if I can look at you in the camera right now or you're listening,

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whatever your goal is for 2021 or whatever year it is that you're watching that's coming

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up, what if that's your goal?

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So it's obviously more than what you're doing right now.

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But if that goal were 10 times bigger, how then would you approach it?

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And I think that if you think about that, when you 10x your goal, you think differently.

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You're not trying to, you can't work 10 times harder.

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You can't spend 10 times more time working.

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So you actually have to solve the problem in a different way than you would otherwise.

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And I think that's what really opens up your creativity into solving bigger problems with

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bigger markets and bigger opportunities.

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So fundamentally, that was kind of like my recap of my time with him.

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I just want you to know that I had a great experience talking to him.

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I had a handful of people be like, man, I don't trust that guy, blah, blah, blah.

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Stop judging people you've never met.

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That's my only advice.

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Just literally don't judge people you've never met.

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And so I see that he is more famous than I am.

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I see that he is a better wall strategy.

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I didn't get to ask a ton about his income stuff because I know that right now, wealth

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is kind of his income.

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And so by like, he is better than I am at these things currently in my life.

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And so in that, I will try and learn of him.

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And so that is, that's my overarching, overarching thought.

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Those are my lessons from my first one-on-one coaching session with Grant.

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And so I would pose those things to you is, do with your wealth if you have it, if you

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don't focus on income, think wider and broader in terms of your income.

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Obviously that's counter the whole niche down concept.

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I do think you need to niche in the beginning because you need to develop the skills in

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a less competitive environment.

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But once you win your niche, then you can expand beyond it.

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And then because you should earn the right, you should earn the right of operational skills,

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you should earn the right of acquisition skills, earn the right of scale.

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And once you have that scale, then you can scale beyond it.

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And then finally, simply thinking bigger overall and thinking about your goals and what

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10 times, like really sit with it.

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Not just like, I'm going to just put a 10 times bigger number out there, but like, really

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because if you just 10 times what you're doing is like, how you're going to reach it,

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it's probably not the way to do it.

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Like, think, you'll have to think differently about how you get there.

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And I think that that entire process will be valuable for you.

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So otherwise, hope you have an amazing day.

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Hope you found this valuable and like, subscribe, all that kind of stuff.

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And I'll see you in the next video.

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Bye.
