Brutal Business Truths That Will Actually Make You Rich
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Summary
At 24, I was broke. By 27, I became a millionaire. And at 45, I make over $100 million a year. No trust fund, no handouts. I just had to learn a few brutal truths that nobody teaches. And to be honest, they gave me an unfair advantage in business.
Transcript
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So I'm gonna be sharing these brutal truths to you,
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So the first step to gaining an unfair advantage
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But how do you get people to give you their money?
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you need to make an offer they can't say no to.
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So how do you create an offer that's impossible to resist?
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There's a couple boxes your offer needs to tick.
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To the degree you can communicate the speed to the result,
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The thing they bought and the result in their life,
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as fast as you can communicate that they'll get that,
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Ask yourself, what is it about what I'm selling
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How do you make the offer so brain dead simple
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to create scarcity or urgency in the offer today.
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and the type of macros for your body and your lifestyle,
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that they're like, hey, I've never heard that before.
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And now that we've made sure we checked off all the boxes,
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spend a lot of time to save pennies, to save dollars,
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The key idea is understand how valuable time is.
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where somebody convinced me that I was trading gold bars.
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for pennies because I didn't understand what my time was worth. So I want you to think to yourself,
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where are you making that trade? Where are you trading gold bars for pennies instead of pennies
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for gold bars? Because if you're doing the right thing with your time, you'd be making a lot more
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gold bars. Is it maybe that you're cooking all your own meals and you're not using meal prep or
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you're spending all your time cleaning your apartment? I don't know what it is for you,
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but there's an opportunity for you to get more time. Maybe it's restocking stuff or even doing
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your own mail. If you want an unfair advantage, here's the way we need to think through this.
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First off, you have to calculate your hourly rate. How much money do you make per hour? If you make
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$100,000 a year, then you're making $50 an hour. Once you know that, you have to outsource anything
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that you could pay anybody else a quarter of that amount. So if it's $50 an hour, $12.50 to save an
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hour is a great trade. And then finally, you're going to take that trade, reinvest the newfound
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time into things that create higher leverage outputs for you, things that only you can do.
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So here's my challenge for you. Tonight, I want you to sit down and list three of these tasks
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that you'll start paying someone else next week to start doing for you. Every chore you delete
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buys you revenue making time. But having all that time to make money only feels like an unfair
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advantage if you sell to the right customer. Number four, solve problems for rich people.
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I can't tell you how painful it is to try to sell something to somebody who doesn't value it.
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It's funny. If I'm selling something for $15, I will get 100 questions. If I sell something for
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150,000, I get no question. When you solve rich people problems, they're just ready to buy.
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I failed my first two companies because I was selling to small businesses. Then my third
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company, I decided to sell to Fortune 2000 companies, and I made millions of dollars.
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Why? Those big companies had an unlimited budget to solve their biggest problems.
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They just needed somebody to come along and be like, hey, you know that thing that creates a
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lot of pain in your life? I can solve it for a fraction of the cost that it's costing you right
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now. And they're like, oh my gosh, when can you get this solved? Sales happen overnight. That was
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my software company sphere. It was the most important lesson I learned at a very young age.
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I was 24. I started that company. I did almost a million in my first year after struggling and
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failing for seven years because I didn't understand this concept. I just found a customer
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that had more money. So let's break it down into very actionable steps. Before you do anything
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else, let's find a buyer who spends without thinking twice. Like I want you to imagine
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the person that if they heard what you had would just be like, of course, I'm buying that. Like I
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need it. The person that has like unlimited funds and just buys the thing. Then package the results,
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not your hours. See, the challenge with most businesses is they sell the time. I want you
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to sell the results. I want you to sell the transformation, sell the value they're going
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to get, not how much time you spend doing it. And finally, price it in a way that the buyer
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feels like it stings a little. But trust me, they'll respect you more. You have to let people
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understand they're buying your process for delivering what you do, not your presence.
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And the coolest part, rich clients pay fast. They churn slow. They'll stick with you for a long time.
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And if you knock it out of the park, they will brag about you to everyone.
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Okay, now that you've got customers, you need to keep their options simple.
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Number five, simplicity scales, complexity fails.
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The number one thing that stops people from growing,
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from having an unfair advantage in business and in life,
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They have a little bit of momentum, a little bit of traction,
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a little bit of money, and they add a bunch of complexity.
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She couldn't figure out like, what am I doing wrong?
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and she tripled her revenue in the next 90 days.
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It's obvious once you hear it, but it takes courage to make that decision.
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So here's my philosophy that'll allow you to lock this learning in and keep it simple every time.
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Remember that customer I said that would buy easily from you?
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Then we want to pick one product, one thing you sell to that person that's a no-brainer, an irresistible offer.
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The third is we want to pick one conversion tool, one process for selling.
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Now you're probably still trying to figure out the business.
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One of my coaches, when I started working with him,
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but for you to get results, you have to copy what I teach.
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or like a snowflake and nobody's ever done business
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See, instead of solving every problem from scratch,
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just click the first link in the description below
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it's kind of like when I started my YouTube channel.
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I know you see my numbers today and you're like,
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I will give myself patience in my results for a decade.
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I went eight years to get to 100,000 followers.
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And then I decided to actually iterate and stay consistent.
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and within the next year, I got to a million followers.
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That is the difference between inpatient with action,
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specific, measurable, attainable, realistic, and timely.
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Most people are not clear about what they wanna achieve.
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Then we gotta identify the actions needed to hit that goal.
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just like unreasonable not to assume I would hit it.
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If it's the number of sales calls I got to make,
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if it's what I eat, if it's how often I work out,
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I truly believe every person is a thousand days away
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You're like the most unique person in your city.
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You charge more and you keep going when it's boring.
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Now, if you wanna learn how to build a business