10 MIND BLOWING Secrets In US Dollars!
From hidden symbols and animals to the true meaning of the 'Eye of Providence'. Today we look at 10 Mind-Blowing Secrets in US Dollars! Number 10. "Loaded With Latin" Everything sounds much more regal and official when it is put into Latin. When the founding fathers were orchestrating the beginnings of the United States they not only knew this, but they also wanted to set a high standard as they were attempting to be the first true republic in hundreds of years.
One of the ways to do this and to also pay tribute to the Roman and Greek Republics of the past was by incorporating latin phrases into our currency. Needless to say, they went all out with this concept in the dollar bill, as if you take a quick glance at it you will see several American mottos in latin.
Around what has become a highly recognizable symbol to Americans, the Eye and Pyramid (known as the Eye of Providence) there are two such phrases. Above it is the phrase 'Annuit Coeptis' which translates to 'He approves of our undertakings' which sounds quite nefarious at first, especially if you are believer in the Freemason and Illuminati conspiracies, but they are probably just talking about God. Underneath the pyramid is the phrase 'Novus Ordo Seclorum' which translates to 'a new order of the ages' which is believed to be referring to the establishment of a new type of government, though one could see how conspiracy theorists believe this points to the "New World Order".
In the banner that is in the beak of the Eagle on the back, you may recognize the latin phrase 'E. Pluribus Unum', which means 'one from many' and is talking about the thirteen colonies coming together to form one nation. The last bit of latin on the dollar bill isn't a phrase but a date. It is kind of hard to spot at first but if you look closely at the base of the pyramid you will see the Roman Numerals MDCCLXXVI which in English numerals is the year 1776, the year the Declaration of Independence was signed. Number 9."Something's Missing" There have been a lot conspiracy theories and mysteries involving other bills than just the one the dollar bill and one of them involves five dollar bill.
Theorists have been quick to point out that in the picture of the Lincoln Memorial on the back of the bill only 26 states are listed whereas there should be 48 as this is how many states there were when the monument was constructed. People have been quick to jump to the conclusion that the number 26 or the names of the states listed must mean something bigger in the grand scheme of things. But the truth is on the actually memorial in Washington D.C.the other states are listed on the sides. So that's why they can't be seen on the five. Number 8. "Hidden Critters" This curious aspect of the one-dollar bill isn't as easy to debunk as some of conspiracy theories revolving around US currency. If you look extremely closely, and we mean magnifying glass close, outside of the top left part of the ornate border that surrounds the number one on the right side of the bill you will see an odd looking figure.
Some say that the image is of a skull and some say it is a spider but the most common thing that people think it is, is an owl. What is the significance of this hidden critter? Well as it turns out the owl is considered to be one of the main symbols of the Freemasons, the secret and powerful brotherhood that many of the founding fathers are believed to have belonged. The Freemasons believe that the owl represents reincarnation because they are nocturnal and according to legends, owls contain the souls of people who have passed away who are waiting until morning to find a new body. Though less fantastical, they have also long been symbols of wisdom, the pursuit of which is a common theme in Freemasonry and the Illuminati.
Number 7 "Money Makings" One secret that you probably weren't aware of lies in what material the dollar bill is actually made out of.
You may have wondered how something made out of paper can withstand so much wear and tear over the years and not disintegrate like normal paper would. Well, this is because U.S. paper currency isn't made out of paper at all, rather a combination of seventy-five percent cotton and twenty-five percent linen, which give it superior durability to plain old paper.
These bills are also required to have red and blue fibers woven into the tight fabric for added security. The average dollar bill lasts around six years, whereas if it was made of paper it probably wouldn't last more than a year under the conditions our money experiences. Number 6. "Letter Code" Unless you are completely oblivious to what you are putting in your wallet you have probably noticed the circular stamp-looking marking with a letter inside of it on the dollar bill.
This is is the Federal Reserve Seal and the letter inside of it represents the reserve bank that ordered the bill.
The number next to the seal, called the Federal Reserve District Number also corresponds to this bank. There are twelve of these banks across the country and each of them represents a different region of the country. If you see the letter 'A' and the number '1' this means the bill was ordered by the bank in Boston. If you see the letter 'L' and the number '12' the bill was ordered by the bank in San Francisco. Number 5.
"Lucky 13" Beyond just the Federal Reserve Seal and District Number the dollar bill is chock full of numbers and letters making it the focal point of many conspiracy theories from numerologists. One aspect of the bill that can be agreed on by these numerologists and historians is the fact that the founding fathers were obsessed with the number '13'.
Though there are theories that say otherwise there is a fairly obvious reason for the fascination--there were thirteen original colonies. When studying a dollar bill you can start to see that not only did the designer of the bill want the thirteen colonies represented in our currency they wanted to hit people over the head with the number. In the great seal the number thirteen is referenced in seven different ways.
On the shield in front of the eagle there are thirteen horizontal and thirteen vertical stripes. In the eagle's talons it is clutching an olive branch with thirteen berries and thirteen arrows. Above the eagle's head are thirteen stars and the pyramid in the Eye of Providence has thirteen steps. Many numerologists and conspiracy theorists will tell you that you are silly for thinking only of the thirteen colonies when looking at this repetition, as the number thirteen has long had satanic connotations.
Number 4.
"No Forge Fiber" You have probably noticed the vibrant blue security strips on the new 100 dollar bill but did you know that all dollar bills except singles have a hidden security thread like this? It is one of the biggest secrets that is keeping counterfeiters at bay and the technology for them is constantly improving. These threads, that can only be seen using ultraviolet light are embedded in the fibers of the bills and placed at different locations depending on the bills denomination. Each bill also has its own special color. The thread on a five dollar bill is blue, it's orange on a ten, green on a twenty, yellow on a fifty and in addition to the visible blue one on a hundred dollar bill there is a hidden one to the left of Benjamin Franklin's face that is purple.
Speaking of the blue 3D strip that is on the old C-Note, the treasury may start putting these strips on all denominations in the future as it has proven so incredibly difficult to replicate by counterfeiters. One of the main reasons why the thread is so effective is that it is holographic, if you bend the bill back and forth you will see the tiny '100s' labeled on the thread, turn into the liberty bell. Number 3. "Eye of Providence" One of the most conspiracy provoking elements of the dollar bill is that of the Eye of Providence. Not only is it considered a blatant acknowledgement that the treasury and our country is run by the freemasonry, but also apparently it has satanic imagery in it as well.
We will start off with the historical reasoning behind the symbol. This image also known as the 'eye of god' or the 'all-seeing eye' and has been using in several forms by Christians for hundreds of years, well before the founding of the United States. The triangle border around the eye is meant to represent the holy trinity. You can see uses of this eye in churches, cathedrals and government buildings dating back to the Holy Roman Empire. The symbol has been mainly used to signify that whatever the eye is emblazoned on has the blessing of god.
Now, it is true that the symbol has been used by the Freemasons since 1797, but the problem is the use of the Eye of Providence on The Great Seal predates this by five years.
Still, conspiracy theorists suggest that the link is no coincidence. There are also several theories that suggest that when draw lines from the 'a' to the 's' in 'annuit coeptis' to the letter 'o' in 'novus ordo seclorum' and then back to form a triangle and then highlight the outline of the pyramid that a pentagram is made aka Satan's favorite shape. Not only that, but when you add the letters that the bottom corners of the pyramid are touching--'n' and 'm'-- to 'a','o' and 's' it spells out MASON. Number 2.
"Security Stars" You have probably seen this next extremely important secret but not realized it. What is known as the EURion Constellation, is a set of five small rings that are placed next to each other and look similar to that of Orion's Belt. This marker is not only on all US paper currency but in a vast majority of the banknotes throughout the world. This constellation is used as an indicator that the bill is in fact real currency, for several types of machines.
It's main function is to recognize the banknote and stop the machine from copying it.
The pattern has mysterious origins as no one outside of those who were producing currency were aware of its existence until 2002 when a security researcher was trying to figure out why his color copier wouldn't copy a banknote for 10 Euros. All the signs point to it first being implemented in the late 1990s as a Japanese company released a patent for the design and correlating detection algorithm in 1995. If you have a twenty dollar bill on hand you can find several EURion constellations hiding in the miniature '20s' on the back left side. Number 1."Super Eagle" The proud American Bald Eagle of The Great Seal is one of the most analyzed and dissected parts of the one dollar bill.
Though some of the theories surrounding the imagery in the depiction of this majestic bird are radical, some of the hidden meanings are intentional. We'll start with the history. You may have wondered why the shield in front of the Eagle seems to be floating in mid-air, well this was designed to represent the idea that the U.S. citizens should be self-sufficient.
On the shield, the lines going up-and-down are meant to stand for the states, while the bars going side-to-side are for the federal government which binds the states together.
In the Eagle's clutches are a branch of olives on one side and arrows on the other, these symbolize the balance of war and peace. Initially the arrows were in the Eagle's left talon, the side that the Eagle was facing, but the press and politicians over in Europe were fearful that this showed the U.S.'s true intentions.
So, instead of arguing with them, they switched the sides the olive branch and arrows were on. When you focus in on the smaller details you can see where the hard facts end and the theories start. For instance, there are those who claim that the number of feathers on the Eagle's right wing, 32, are put there to symbolize the number of degrees or levels that one can achieve as a Scottish Rite Freemason. There are also theories that suggest the nine tail feathers on the Eagle represent the 9 spheres of heaven which is part of Illuminati lore..
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Sunday, May 1, 2022
The Untold Truth About Money: How to Build Wealth From Nothing
The Untold Truth About Money: How to Build Wealth From Nothing
Let this circle represent $1,000,000 This is what ten million dollars would look like This is what one hundred million dollars would look like and this is what 1 billion dollars would look like Jeff Bezos the founder of Amazon has a net worth of 117 times this number and then There's you You're probably working a job right now one that you got from the degree that you studied for in university you probably don't have much in savings your living expenses seem Ridiculously high you feel as though you're not paid enough You have credit card debt that needs taking care of maybe your student Studying for a degree that you ho can and your job that you hope can bring some good money You probably don't have any savings only a pesky student debt hanging above your head wealth getting rich That all seems like a distant dream.
How did they do it you ask yourself seeing all those millionaires billionaires Especially the ones who got there at such a young age It baffles you it makes you angry they got lucky they were born into well They cheated their way to that money doesn't make them honey as evil and you're not smart And I'm just unlucky those dreams you had of buying that mansion your favorite sports car paying off your mortgage traveling around the world They'll forever remain that way just dreams Nothing more nothing less.
You come to the harsh realization. It's a rigged game It's been a rigged game from the start in you You're on the losing side of it But what if I told you you were wrong What if there was a way of getting there an actual equation to wealth a science behind the way money works What if you didn't have to abandon those dreams of paying off your parent's mortgage or traveling around the world? Would you call me a liar for saying so I promise that I'm not and by the end of this video?
You'll understand there's a side to the coin that you're not being shown but I warn you the road is tough It's filled with struggle. It's filled with ups and downs It will need swallowing some difficult roofs of the school system and society Haven't told you yet and let me be clear There are many of you who will not make it to the end of this road But for those of you that do at the end of this road lies wealth beyond what you thought you could attain at the end Of that road lies the freedom of never having to worry about money again so Are you with me? Still with me then let's not waste any more time What do you really think about money is this something you work for is it earned or is it inherited? Is it the root cause of all evil? Are you desperate to have more of it?
Have you been chasing it? most of your life truth is most of what you think about money has been influenced by your upbringing and environment if you were born into a family that didn't have much money growing up then you're more inclined to believe that YouTube will not Grow up to have much money or perhaps you went on the complete opposite end and decided to make as much money as you can so that you will never be In that position again the fact that your school didn't teach you much about this subject Doesn't help things and because of this most of you are going to have false beliefs about money that aren't going to help you on This journey now stick with me here because we're gonna have to change the way you've been seeing money your whole life Hollywood has always had a habit of depicting the wealthy and rich as evil backstabbing entitled or corrupt individuals Question is have you bought into that stereotype a Recent report released by Wealth X showed that of the world's ultra wealthy those that had a net worth of 30 million or more 68 percent of them were self-made and it seems like every other study backs up this conclusion Warren Buffett self-made billionaire Howard Schultz born in poverty Oprah Winfrey born in poverty Jeff Bezos self-made billionaire Elon Musk self-made billionaire Sara Blakely self-made billionaire What is it that these people know that you'd on truth is your equation is all wrong here's the 2-dimensional equation that you've been taught money equals salary earned from a job past a certain point the prospect of getting a job Becomes the sole purpose of your education.
So what's wrong with that you ask? I'm gonna assume that if you're watching this you want to make money a lot of it and in a short amount of time as Possible if that is your goal. Then this equation for generating money will never get you there We all have a precious resource the most important resource for Hall And once it's gone There's no way of getting it back that resource is time in a standard job the amount of money you burn is Dependent on the amount of time you put into that job if you earned $20 an hour and worked 40 hours a week It would take you nearly 24 years to reach a total of 1 million dollars But that is without subtracting any taxes or any expenses that you will incur over 24 years and let's not forget that Inflation would make your 1 million dollars less valuable the reality.
Is that on a salary of $20 an hour? You can only really be a millionaire at an old age by living frugally and most of that precious Resource known as time has slipped through your fingers. You traded all that time for money and it wasn't even a substantial amount either So again you ask yourself. How is it then that there are self-made millionaires and billionaires that such young ages what makes them so different and the truth is They have a better equation than you they have a way of understanding money that you haven't quite grasped the earth Pay very close attention now stop chasing money in a capitalist society The rules of the game are as follows You are paid in proportion to the perceived value that you have and the people that perceive your value they are the market the Consumers of the economy the market is you your friends your family your neighbors Your country people complain that football players are overpaid, but for players to be paid millions There has to be a market for the football industry in the first place People have to see the value in football in the first place for them to want to spend money on matches and merchandise and if the market is a high demand for football Guess what happens to the players who are at the top of their game? They are paid generously for it It's not about how hard you work the cleaner that sweating and tiring himself out every day is paid far less than the accountant sitting behind a desk Why?
because the market perceives the value of what the cleaner does to be far less than the accountant as harsh as it may sound the Cleaner can be replaced by anybody.
It isn't difficult to learn how to do his job And therefore the market will not pay him more than the accountant the guy who spent years studying numbers The guy who has saved his clients thousands on their taxes But even so we just discussed how getting a job is in the right equation to amassing a great amount of wealth in a shorter Period of time so then how can we increase or perceived value? What is it about people like Elon Musk or Jeff Bezos? That makes their perceived value so high the first step to this equation of wealth is quite simple if you want money solve problems if you take a second to digest this statement you Realize that just about all money runs from this basic premise if it solves a problem Money will be thrown at it If it's a million-dollar problem, then the solution will make you Millions If it's a billion dollar problem Then the solution will make you billions think about all the problems that our site like Amazon solves the hassle of going to a store that hassle of having to wait weeks for a delivery cheaper prices and so on not to Mention all the other companies that Amazon bones and the problems that those companies solve Jeff Bezos helped solve a billion-dollar problem and also awarded favorably for doing so If you've been chasing money, then you've been doing it all wrong It sounds almost paradoxical but if you want money It isn't money that you should be looking for you should be looking for problems and more importantly Solutions to those problems and once you found that solution make a business around it Wait, so that's it Just solve problems and money will appear so I'm gonna have to create the next Amazon for me to be rich or the next Facebook Or Google you've got to be kidding me, right? I don't even know how to code I don't even have the money to start something of that scale I don't even hold on your wants more going into old patterns of thinking start with a problem always start with a problem Listen to the market around you What are people saying they don't like?
What are people saying they wish existed? What are people saying frustrates them? What do people think is incredibly inconvenient? Is that a problem that you can solve and also is a problem that is worth solving The final step of this equation to wealth is finding a scalable solution to the problem your solution needs to affect a Magnitude of people starring a restaurant that's not scalable You're constrained to the local area and the footfall of that area but a franchise now, that's more scalable Is your solution a piece of software then that means once that software has been built you can scale it Infinitely online without needing to worry about things like production or shipping costs as it's all done virtually Good luck finding infinite scale with a job, but be careful does your solution require your time to generate money Let's say you were a yoga teacher that charged $100 per hour Congratulations, you only made yourself another job disguised as a business There's only a certain amount of lessons that you can feasibly do in one day And therefore your income is time-bound, but if you created an online yoga class that ran 24/7 with lessons you only had to create once now that is scaleable scaling your solution is critical here So do not get lost on this point automation also plays an important role systems and processes will keep your business running like a smooth machine if Implemented properly if there is something in your business that you can outsource to somebody else or hire an employee to do it for you Assuming it financially makes sense for you to do So then do it tasking yourself with everything is a bad thing as much as you may think you're the best There's someone out there that can do a better job than you once you've found a solution It's your job to make sure that solution can be accessed by everyone in your market It's not about your ego and it's not about what you're passionate about.
The market doesn't care about your passions So now that you have your profitable business running with the right systems and processes in place It's time to move on and reap what you sow There are two likely paths you're going to face at this point you either Continue your business or cash in and seller This is the acquisition the moment someone buys the solution that you spent years building a business around This is Instagram being acquired by Facebook for 1 billion.
This is PayPal being sold to eBay for 1.5 billion of which 165 million went straight to Elon Musk's pocket and the countless other liquidation events that happen across the world This is where all the effort that you spend into building. Your company comes to fruition And if you choose to continue running your business, well, there's a multitude of reasons for you wanting to do So maybe you love the company that you built will want to stick with your baby Maybe you think you can add more value to the company and sell it down the line for more than it's currently worth Perhaps that business runs passively in the background so you don't have to do much to keep the wheels turning Or maybe it's a combination of these three things.
Either way you did it You solved a problem that the market wanted solving and it were awarded you favorably for doing so and so now I ask you what? Was it all for anyway?
For most of you it was never about the money Money is just a piece of paper a number on a screen Its value is only backed up by our belief in its value From the very start this was never about the money Paying off the mortgage buying your dream car traveling around the world never having to worry about your financial situation It's the freedom that you were looking for. Your destination wasn't anything monetary related It was a feeling a sensation The ability to do what you want whenever you wanted without ever having to cast the thought towards can I afford this have I used? Up all my holidays for the year. How am I going to pay the rent? Will I be able to live off my pension?
What dreams will I have to sacrifice? Because I can't afford to pursue them the most important lesson from this video was never about the nature of money It was about the one valuable resource that we all have the one resource We will never be able to reclaim time Is giving up a large chunk of your time towards a job that you probably don't like worth it Is your life settled on working coming home watching the telly? Sleeping waking up the next day and repeating the same cycle till you retire How many more hours of your life do you let slip through because of this pattern? Or perhaps you're fine with that reality Perhaps you have no other choice but to follow that path for the time being and if that's the case There's nothing to worry about the most you got from this video was a little entertainment and maybe a change in perspective but there are those of you that understand the other side those of you that have the desire to Never need to worry about money ever again.
And so I feel the need to remind you Stop chasing money chase problems and find the solution to those problems This is the equation through which all money is found if you desire Liberty through never needing to worry about money ever again Then let's solving problems be the meaningful struggle in your life Does it mean you'll be happy at the end of the road doesn't mean you'll feel fulfilled only you can answer that question But if your struggle is meaningful then perhaps it's worth pursuing And there is your equation to wealth Of course I missed out on a lot of intricacies in this video the topics of business money Entrepreneurship are far too vast for me to cover in a single video like this But if you do want to get started on this journey I do recommend you read the works of MJ DeMarco who heavily inspired me to create this video and it's also important to come back To an original point that I made at the start of this which is that most people will not succeed for various reasons But the most important part is failing Failing fast and moving on to the next thing and if you're out there doing something that isn't strictly related to a business But you want it to make money then asking yourself the question of what problems am I solving?
Could lead you to find ways of better Monetizing whatever it is that you're doing and that also includes a job and a career if you can solve more problems and find more Solutions at your place of employment you have something that you can use to leverage a higher salary But I will end this all on the same message that I have repeated numerous times in this video Stop chasing money and start chasing solutions to problems Hey, you've arrived at the end of the video and thank you so much for watching, but don't click off just yet I do want to take the time to say thank you very much for watching to the end these things Take quite a few sleepless nights to research script film and edit So you can't imagine how much I really do appreciate your support if you genuinely Enjoyed this video then don't be shy hit the like button and if you disliked it hit the dislike Vaughn twice just to be sure And comment down below and let me know why my goal with this channel has been to create entertaining documentary style videos on business finance and life in general And if that sounds like something you'd be interested in and you'd want to tune in for more hit the subscribe on and hit that Notification belt make sure all your notifications are turned on both All of that being said, I hope you have a wonderful rest of the day as per usual.
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Let this circle represent $1,000,000 This is what ten million dollars would look like This is what one hundred million dollars would look like and this is what 1 billion dollars would look like Jeff Bezos the founder of Amazon has a net worth of 117 times this number and then There's you You're probably working a job right now one that you got from the degree that you studied for in university you probably don't have much in savings your living expenses seem Ridiculously high you feel as though you're not paid enough You have credit card debt that needs taking care of maybe your student Studying for a degree that you ho can and your job that you hope can bring some good money You probably don't have any savings only a pesky student debt hanging above your head wealth getting rich That all seems like a distant dream.
How did they do it you ask yourself seeing all those millionaires billionaires Especially the ones who got there at such a young age It baffles you it makes you angry they got lucky they were born into well They cheated their way to that money doesn't make them honey as evil and you're not smart And I'm just unlucky those dreams you had of buying that mansion your favorite sports car paying off your mortgage traveling around the world They'll forever remain that way just dreams Nothing more nothing less.
You come to the harsh realization. It's a rigged game It's been a rigged game from the start in you You're on the losing side of it But what if I told you you were wrong What if there was a way of getting there an actual equation to wealth a science behind the way money works What if you didn't have to abandon those dreams of paying off your parent's mortgage or traveling around the world? Would you call me a liar for saying so I promise that I'm not and by the end of this video?
You'll understand there's a side to the coin that you're not being shown but I warn you the road is tough It's filled with struggle. It's filled with ups and downs It will need swallowing some difficult roofs of the school system and society Haven't told you yet and let me be clear There are many of you who will not make it to the end of this road But for those of you that do at the end of this road lies wealth beyond what you thought you could attain at the end Of that road lies the freedom of never having to worry about money again so Are you with me? Still with me then let's not waste any more time What do you really think about money is this something you work for is it earned or is it inherited? Is it the root cause of all evil? Are you desperate to have more of it?
Have you been chasing it? most of your life truth is most of what you think about money has been influenced by your upbringing and environment if you were born into a family that didn't have much money growing up then you're more inclined to believe that YouTube will not Grow up to have much money or perhaps you went on the complete opposite end and decided to make as much money as you can so that you will never be In that position again the fact that your school didn't teach you much about this subject Doesn't help things and because of this most of you are going to have false beliefs about money that aren't going to help you on This journey now stick with me here because we're gonna have to change the way you've been seeing money your whole life Hollywood has always had a habit of depicting the wealthy and rich as evil backstabbing entitled or corrupt individuals Question is have you bought into that stereotype a Recent report released by Wealth X showed that of the world's ultra wealthy those that had a net worth of 30 million or more 68 percent of them were self-made and it seems like every other study backs up this conclusion Warren Buffett self-made billionaire Howard Schultz born in poverty Oprah Winfrey born in poverty Jeff Bezos self-made billionaire Elon Musk self-made billionaire Sara Blakely self-made billionaire What is it that these people know that you'd on truth is your equation is all wrong here's the 2-dimensional equation that you've been taught money equals salary earned from a job past a certain point the prospect of getting a job Becomes the sole purpose of your education.
So what's wrong with that you ask? I'm gonna assume that if you're watching this you want to make money a lot of it and in a short amount of time as Possible if that is your goal. Then this equation for generating money will never get you there We all have a precious resource the most important resource for Hall And once it's gone There's no way of getting it back that resource is time in a standard job the amount of money you burn is Dependent on the amount of time you put into that job if you earned $20 an hour and worked 40 hours a week It would take you nearly 24 years to reach a total of 1 million dollars But that is without subtracting any taxes or any expenses that you will incur over 24 years and let's not forget that Inflation would make your 1 million dollars less valuable the reality.
Is that on a salary of $20 an hour? You can only really be a millionaire at an old age by living frugally and most of that precious Resource known as time has slipped through your fingers. You traded all that time for money and it wasn't even a substantial amount either So again you ask yourself. How is it then that there are self-made millionaires and billionaires that such young ages what makes them so different and the truth is They have a better equation than you they have a way of understanding money that you haven't quite grasped the earth Pay very close attention now stop chasing money in a capitalist society The rules of the game are as follows You are paid in proportion to the perceived value that you have and the people that perceive your value they are the market the Consumers of the economy the market is you your friends your family your neighbors Your country people complain that football players are overpaid, but for players to be paid millions There has to be a market for the football industry in the first place People have to see the value in football in the first place for them to want to spend money on matches and merchandise and if the market is a high demand for football Guess what happens to the players who are at the top of their game? They are paid generously for it It's not about how hard you work the cleaner that sweating and tiring himself out every day is paid far less than the accountant sitting behind a desk Why?
because the market perceives the value of what the cleaner does to be far less than the accountant as harsh as it may sound the Cleaner can be replaced by anybody.
It isn't difficult to learn how to do his job And therefore the market will not pay him more than the accountant the guy who spent years studying numbers The guy who has saved his clients thousands on their taxes But even so we just discussed how getting a job is in the right equation to amassing a great amount of wealth in a shorter Period of time so then how can we increase or perceived value? What is it about people like Elon Musk or Jeff Bezos? That makes their perceived value so high the first step to this equation of wealth is quite simple if you want money solve problems if you take a second to digest this statement you Realize that just about all money runs from this basic premise if it solves a problem Money will be thrown at it If it's a million-dollar problem, then the solution will make you Millions If it's a billion dollar problem Then the solution will make you billions think about all the problems that our site like Amazon solves the hassle of going to a store that hassle of having to wait weeks for a delivery cheaper prices and so on not to Mention all the other companies that Amazon bones and the problems that those companies solve Jeff Bezos helped solve a billion-dollar problem and also awarded favorably for doing so If you've been chasing money, then you've been doing it all wrong It sounds almost paradoxical but if you want money It isn't money that you should be looking for you should be looking for problems and more importantly Solutions to those problems and once you found that solution make a business around it Wait, so that's it Just solve problems and money will appear so I'm gonna have to create the next Amazon for me to be rich or the next Facebook Or Google you've got to be kidding me, right? I don't even know how to code I don't even have the money to start something of that scale I don't even hold on your wants more going into old patterns of thinking start with a problem always start with a problem Listen to the market around you What are people saying they don't like?
What are people saying they wish existed? What are people saying frustrates them? What do people think is incredibly inconvenient? Is that a problem that you can solve and also is a problem that is worth solving The final step of this equation to wealth is finding a scalable solution to the problem your solution needs to affect a Magnitude of people starring a restaurant that's not scalable You're constrained to the local area and the footfall of that area but a franchise now, that's more scalable Is your solution a piece of software then that means once that software has been built you can scale it Infinitely online without needing to worry about things like production or shipping costs as it's all done virtually Good luck finding infinite scale with a job, but be careful does your solution require your time to generate money Let's say you were a yoga teacher that charged $100 per hour Congratulations, you only made yourself another job disguised as a business There's only a certain amount of lessons that you can feasibly do in one day And therefore your income is time-bound, but if you created an online yoga class that ran 24/7 with lessons you only had to create once now that is scaleable scaling your solution is critical here So do not get lost on this point automation also plays an important role systems and processes will keep your business running like a smooth machine if Implemented properly if there is something in your business that you can outsource to somebody else or hire an employee to do it for you Assuming it financially makes sense for you to do So then do it tasking yourself with everything is a bad thing as much as you may think you're the best There's someone out there that can do a better job than you once you've found a solution It's your job to make sure that solution can be accessed by everyone in your market It's not about your ego and it's not about what you're passionate about.
The market doesn't care about your passions So now that you have your profitable business running with the right systems and processes in place It's time to move on and reap what you sow There are two likely paths you're going to face at this point you either Continue your business or cash in and seller This is the acquisition the moment someone buys the solution that you spent years building a business around This is Instagram being acquired by Facebook for 1 billion.
This is PayPal being sold to eBay for 1.5 billion of which 165 million went straight to Elon Musk's pocket and the countless other liquidation events that happen across the world This is where all the effort that you spend into building. Your company comes to fruition And if you choose to continue running your business, well, there's a multitude of reasons for you wanting to do So maybe you love the company that you built will want to stick with your baby Maybe you think you can add more value to the company and sell it down the line for more than it's currently worth Perhaps that business runs passively in the background so you don't have to do much to keep the wheels turning Or maybe it's a combination of these three things.
Either way you did it You solved a problem that the market wanted solving and it were awarded you favorably for doing so and so now I ask you what? Was it all for anyway?
For most of you it was never about the money Money is just a piece of paper a number on a screen Its value is only backed up by our belief in its value From the very start this was never about the money Paying off the mortgage buying your dream car traveling around the world never having to worry about your financial situation It's the freedom that you were looking for. Your destination wasn't anything monetary related It was a feeling a sensation The ability to do what you want whenever you wanted without ever having to cast the thought towards can I afford this have I used? Up all my holidays for the year. How am I going to pay the rent? Will I be able to live off my pension?
What dreams will I have to sacrifice? Because I can't afford to pursue them the most important lesson from this video was never about the nature of money It was about the one valuable resource that we all have the one resource We will never be able to reclaim time Is giving up a large chunk of your time towards a job that you probably don't like worth it Is your life settled on working coming home watching the telly? Sleeping waking up the next day and repeating the same cycle till you retire How many more hours of your life do you let slip through because of this pattern? Or perhaps you're fine with that reality Perhaps you have no other choice but to follow that path for the time being and if that's the case There's nothing to worry about the most you got from this video was a little entertainment and maybe a change in perspective but there are those of you that understand the other side those of you that have the desire to Never need to worry about money ever again.
And so I feel the need to remind you Stop chasing money chase problems and find the solution to those problems This is the equation through which all money is found if you desire Liberty through never needing to worry about money ever again Then let's solving problems be the meaningful struggle in your life Does it mean you'll be happy at the end of the road doesn't mean you'll feel fulfilled only you can answer that question But if your struggle is meaningful then perhaps it's worth pursuing And there is your equation to wealth Of course I missed out on a lot of intricacies in this video the topics of business money Entrepreneurship are far too vast for me to cover in a single video like this But if you do want to get started on this journey I do recommend you read the works of MJ DeMarco who heavily inspired me to create this video and it's also important to come back To an original point that I made at the start of this which is that most people will not succeed for various reasons But the most important part is failing Failing fast and moving on to the next thing and if you're out there doing something that isn't strictly related to a business But you want it to make money then asking yourself the question of what problems am I solving?
Could lead you to find ways of better Monetizing whatever it is that you're doing and that also includes a job and a career if you can solve more problems and find more Solutions at your place of employment you have something that you can use to leverage a higher salary But I will end this all on the same message that I have repeated numerous times in this video Stop chasing money and start chasing solutions to problems Hey, you've arrived at the end of the video and thank you so much for watching, but don't click off just yet I do want to take the time to say thank you very much for watching to the end these things Take quite a few sleepless nights to research script film and edit So you can't imagine how much I really do appreciate your support if you genuinely Enjoyed this video then don't be shy hit the like button and if you disliked it hit the dislike Vaughn twice just to be sure And comment down below and let me know why my goal with this channel has been to create entertaining documentary style videos on business finance and life in general And if that sounds like something you'd be interested in and you'd want to tune in for more hit the subscribe on and hit that Notification belt make sure all your notifications are turned on both All of that being said, I hope you have a wonderful rest of the day as per usual.
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THE HIDDEN SECRETS OF MONEY 14 Laws of Money
THE HIDDEN SECRETS OF MONEY 14 Laws of Money
The Rules of Money. Hey there, and welcome to practical wisdom. But before we begin, please tap the subscribe button and the bell icon to get notified of the interesting videos we have for you everyday. Let’s begin, now shall we? Philosopher and Irish statesman Edmund Burke once said, “If we command our wealth, we shall be rich and free.
If our wealth commands us, we are poor indeed.” and this rings true in our world of today where money is believed to be the yardstick of success. For whatever our goals and reasons maybe, we often find ourselves stuck in a maze of earning and spending, wants and needs. So, as we are stuck chasing riches, we would wonder, what are the hidden secrets of money? How do you get rich?
Well in today's episode we will answer just that in what we've prepared as fourteen rules that money abides by. 1) Money is Earned Through Crisis Wall Street legend and Forbes top billionaire, Warren Buffet once said that the secret to getting rich on wall street is to try to be greedy when others are fearful, and to try being fearful when others are greedy.
This advice not just applies to investing because it is during crises that keen people spot opportunities and earn big. Why? Because some needs become magnified creating demand while things become cheaper then.
When everything has shut down, real estate is performing it's poorest and the stocks have tanked, how exactly do people make money? It is during this time when the wealthy buy assets, restructure loans and build liquidity. If for example, someone bargains to buy a property valued at a million dollars during a normal economic situation for seven hundred and fifty thousand dollars, the seller might just agree. Why? Because no one is willing to buy property during crises.
The demand is low therefore the buyer has more bargaining power. If the same buyer holds the property for about two years, he is sure to make profits from capital gains once the economy resumes to normalcy. The same applies to the stock markets, during crises, stock prices stumble, but this won’t last forever.
Most people panic and start selling as the prices go down, to avoid losing anything, but the wealthy who understand the rules of money will be busy buying. Economic strife doesn't last forever, and they happen to create the best opportunities to increase your net worth.
So save up some money and invest wisely when the next one hits! 02) Money is a Game of Exchange Money is made through an exchange. Some people earn money while others make money. Doesn't sound like there's much of a difference but there is! You earn money when you trade your time and energy for money.
In other words, you work for an hour, you get paid for an hour. Making money is when you use your own time and energy and a bit of creativity once and get paid over and over and over again. For example when you make a new product and get paid every time it sells.
Nonetheless, For you to earn some income it has to come from one source into yours. For a business to make sales, the money has to come from the buyer’s pocket and into the business’s account.
So in short, there has to be some form of benefit that will bring about the exchange. So, for you to attract money into your account, you have no choice but to create some form of value for the exchange to happen. 03) Money Attracts Money This could be one of the greatest rules of money in this century.
Ever wondered why the rich only have rich friends? It’s not because they don’t want to hang out with poor people, but because their financial status only attracts those within the same bracket.
Most people often say the rich are proud and disassociate with the poor, but in real sense, the two categories have very little in common. With that in mind, if you want to be wealthy, you have to befriend the wealthy. By having wealthy friends, you will slowly learn their ways, adopt their habits and become one of them. These people know how to make money, have lifestyles that increase their finances and are always surrounded by opportunities.
04) Money is Easy to Get and Harder to Maintain Many people make money easily but are not able to maintain it.
To put this clearly let me explain about the big cheque syndrome. Say a real estate agent sells a six million dollar home and earns two hundred thousand dollars in a month. For the next few months, he starts living as though he earns that much every month but in reality, he only makes about seventeen thousand monthly. This money obtained upfront deludes the agent into focusing on the whole amount hence splurging it. Most people get over-excited when suddenly a few zeros appear in their bank account.
Instead of investing the amount wisely to double it, they spend it, changing their lifestyle, not realising the increment is temporary. Money stays where it is nurtured and taken care of; making it easier to earn but harder to maintain. According to the Forbes list every year 80% of new millionaires lose their status. Now, isn't that some food for thought! 05) Money Loves Secrecy Money works best when secrecy is involved.
Make sure you always have a secret account. The rule is to always have a secret account that nobody knows about except yourself. Never disclose everything about your finances, always leave some amount of secrecy. Why is this so important? When people are aware of your financial status, they often take advantage, that is just human nature.
I’m not saying you shouldn’t help when your close relatives or friends are in need but they will always ask for money from you. And, when you refuse to help and they know you have it, this may cause some strife within your relationships.
But when you keep a secret account it can be your lifesaver in case of emergencies, anything could happen at any time and you may need some cash. At one time your business may run the risk of bankruptcy and you may still have to pay employees or there might be a crisis that may demand spending of unanticipated funds. 06) Money Hates Stagnation I know it sounds hilarious but it's actually true.
Let me explain what we mean by this. Money loves being moved around from one place to another. Just like human beings when money is bored it becomes unproductive and may even leave leading to losses. But let's delve deeper into this for a moment. For example, if money is pumped into the same business without returning profits, it eventually becomes bored and at the end of the day all you're doing is earning losses.
The same applies with diversification of income. Money loves being invested in different places. At the end of the day, all you have to do is sit and watch it flock you from different directions.
Money stored in an account is also as good as wasted. Note that i do not mean the secret account i mentioned before, that's for emergencies.
You have to make sure your money is moving around, working for you to earn you more. 07) Money loves risk takers The truth is the older you get the lesser risks you are likely to take. For example a twenty three year old can afford to invest in more risky investment options than a seventy year old. When you are at that age your risk tolerance is definitely lower than when you're younger. Money loves risk takers and if you plan on playing safe all your life, you might not quite make it big.
Great opportunities always comes with a directly proportionate risk. So, while you are still young, make sure you invest wisely and take calculated risks in everything you do. 08) Money hates spendthrifts If you take out sugar from a jar and don’t replace it, what happens? The jar will run empty. The same for money, it will never grow where its always being spent.
For every penny spent there has to be a counteraction taken to replace if not double it. For most wealthy people who live lavish lives and are able to sustain it, they have set the needed measures in place to replenish the amounts they use up. In order to be rich you can’t fly first class, drive the most expensive cars or own the best mansions, unless you have a solid channel of bringing back the money spent.
Here's my favorite quote about saving by Thornton T. Munger, “The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.
” 09) Money Loves Authenticity Play your own game when it comes to money. Unique and creative ideas will never lack market. Believe it or not, it sells and there is a serious lack of originality in business and companies are defaulting to what they sell, instead of what they stand for. To be an entrepreneur, it often means bucking the status quo and taking an idea you believe in and tirelessly proving its worth to the world. While you should pick up bits of tips from successful people and try to learn from them don’t try to copy their whole life.
In short be authentic, curate your own financial journey because no two people have the same circumstances. Start with what you have, gather up tips from others and write your own plan.
10) Money Loves to Be Controlled If we are to be honest, money loves to be kept on a leash. Never let your finances run wild or else you will be in trouble. Have an account of the amount of money you have in every bank account and know how much is spent on expenses regularly.
If you don’t control your money it will control you. If you don’t determine how much you can spend monthly, your money will dictate for you what you can and can’t buy. Control your money or else it will control you and when this happens you could end up in debt. And wouldn't that be bad news? 11) Money can Never Be The Problem and The Solution If money is the problem then it definitely isn’t the solution.
Here’s where people go wrong. They think because they are short of some money, borrowing more money will solve their issues. So what happens? They end up in a spiral of borrowing more and more debt that they really can’t afford.
Instead of borrowing more money to solve your current money issues, why don’t you look for additional sources of income?
That is the only way to solve a money problem. You can get a side hustle, get an extra job or even start a business. 12) Money Doesn’t Change People I know most of you will probably argue with this fact but it’s the truth. Money and success won’t change you, it will only magnify what is already there. Someone who becomes proud and arrogant all of a sudden after getting rich, has always been proud and arrogant money only let them be their true selves 13) If you think money will make you happy then you are broke Founding father of the united states, Benjamin Franklin once said, “Money never made a man happy yet, nor will it.
There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.” Money can never bring you happiness, but the things you can do with it will.
They say money is the sixth sense that makes you enjoy the other five.
The only reason money is in the picture is because we need it to pay for everything we desire to bring us happiness. Some people argue happiness is self-made and money doesn’t contribute in bringing it. Some say more money means more problems. I believe money will contribute to happiness but it’s not all it takes to be happy. Let us know what you think in the comments section below.
14) Let money work for you If you carefully observe the rich and the poor you will find one key difference between them; The rich make money work for them but the poor work for the money. A rich man will hire the best minds to run his business while he uses his time to focus on strategy but a poor man will use up all his time to work for the rich.
A rich man will have many streams of passive income so that he earns even without working while a poor man has to work to earn a living. A rich man has a plan for his expenditure and even an emergency fund in case things go South when a poor man survives paycheck to paycheck and will go hungry if he isn’t paid. The differences are absolutely clear.
When money works for you, it will reap only more money. I hope that made sense and that’s it for today, thank you for watching. We hope you enjoyed the video. Let us know what you think in the comments. If you loved it give us a thumbs up and don’t forget to subscribe.
We have new videos every other day so you better hit the bell icon. See you next time!. https://elacmoneybasy.es/4jfc
Thanks for your visit!
https://youtu.be/NlWKTqXdLlk
https://bit.ly/3vtRLlL
The Rules of Money. Hey there, and welcome to practical wisdom. But before we begin, please tap the subscribe button and the bell icon to get notified of the interesting videos we have for you everyday. Let’s begin, now shall we? Philosopher and Irish statesman Edmund Burke once said, “If we command our wealth, we shall be rich and free.
If our wealth commands us, we are poor indeed.” and this rings true in our world of today where money is believed to be the yardstick of success. For whatever our goals and reasons maybe, we often find ourselves stuck in a maze of earning and spending, wants and needs. So, as we are stuck chasing riches, we would wonder, what are the hidden secrets of money? How do you get rich?
Well in today's episode we will answer just that in what we've prepared as fourteen rules that money abides by. 1) Money is Earned Through Crisis Wall Street legend and Forbes top billionaire, Warren Buffet once said that the secret to getting rich on wall street is to try to be greedy when others are fearful, and to try being fearful when others are greedy.
This advice not just applies to investing because it is during crises that keen people spot opportunities and earn big. Why? Because some needs become magnified creating demand while things become cheaper then.
When everything has shut down, real estate is performing it's poorest and the stocks have tanked, how exactly do people make money? It is during this time when the wealthy buy assets, restructure loans and build liquidity. If for example, someone bargains to buy a property valued at a million dollars during a normal economic situation for seven hundred and fifty thousand dollars, the seller might just agree. Why? Because no one is willing to buy property during crises.
The demand is low therefore the buyer has more bargaining power. If the same buyer holds the property for about two years, he is sure to make profits from capital gains once the economy resumes to normalcy. The same applies to the stock markets, during crises, stock prices stumble, but this won’t last forever.
Most people panic and start selling as the prices go down, to avoid losing anything, but the wealthy who understand the rules of money will be busy buying. Economic strife doesn't last forever, and they happen to create the best opportunities to increase your net worth.
So save up some money and invest wisely when the next one hits! 02) Money is a Game of Exchange Money is made through an exchange. Some people earn money while others make money. Doesn't sound like there's much of a difference but there is! You earn money when you trade your time and energy for money.
In other words, you work for an hour, you get paid for an hour. Making money is when you use your own time and energy and a bit of creativity once and get paid over and over and over again. For example when you make a new product and get paid every time it sells.
Nonetheless, For you to earn some income it has to come from one source into yours. For a business to make sales, the money has to come from the buyer’s pocket and into the business’s account.
So in short, there has to be some form of benefit that will bring about the exchange. So, for you to attract money into your account, you have no choice but to create some form of value for the exchange to happen. 03) Money Attracts Money This could be one of the greatest rules of money in this century.
Ever wondered why the rich only have rich friends? It’s not because they don’t want to hang out with poor people, but because their financial status only attracts those within the same bracket.
Most people often say the rich are proud and disassociate with the poor, but in real sense, the two categories have very little in common. With that in mind, if you want to be wealthy, you have to befriend the wealthy. By having wealthy friends, you will slowly learn their ways, adopt their habits and become one of them. These people know how to make money, have lifestyles that increase their finances and are always surrounded by opportunities.
04) Money is Easy to Get and Harder to Maintain Many people make money easily but are not able to maintain it.
To put this clearly let me explain about the big cheque syndrome. Say a real estate agent sells a six million dollar home and earns two hundred thousand dollars in a month. For the next few months, he starts living as though he earns that much every month but in reality, he only makes about seventeen thousand monthly. This money obtained upfront deludes the agent into focusing on the whole amount hence splurging it. Most people get over-excited when suddenly a few zeros appear in their bank account.
Instead of investing the amount wisely to double it, they spend it, changing their lifestyle, not realising the increment is temporary. Money stays where it is nurtured and taken care of; making it easier to earn but harder to maintain. According to the Forbes list every year 80% of new millionaires lose their status. Now, isn't that some food for thought! 05) Money Loves Secrecy Money works best when secrecy is involved.
Make sure you always have a secret account. The rule is to always have a secret account that nobody knows about except yourself. Never disclose everything about your finances, always leave some amount of secrecy. Why is this so important? When people are aware of your financial status, they often take advantage, that is just human nature.
I’m not saying you shouldn’t help when your close relatives or friends are in need but they will always ask for money from you. And, when you refuse to help and they know you have it, this may cause some strife within your relationships.
But when you keep a secret account it can be your lifesaver in case of emergencies, anything could happen at any time and you may need some cash. At one time your business may run the risk of bankruptcy and you may still have to pay employees or there might be a crisis that may demand spending of unanticipated funds. 06) Money Hates Stagnation I know it sounds hilarious but it's actually true.
Let me explain what we mean by this. Money loves being moved around from one place to another. Just like human beings when money is bored it becomes unproductive and may even leave leading to losses. But let's delve deeper into this for a moment. For example, if money is pumped into the same business without returning profits, it eventually becomes bored and at the end of the day all you're doing is earning losses.
The same applies with diversification of income. Money loves being invested in different places. At the end of the day, all you have to do is sit and watch it flock you from different directions.
Money stored in an account is also as good as wasted. Note that i do not mean the secret account i mentioned before, that's for emergencies.
You have to make sure your money is moving around, working for you to earn you more. 07) Money loves risk takers The truth is the older you get the lesser risks you are likely to take. For example a twenty three year old can afford to invest in more risky investment options than a seventy year old. When you are at that age your risk tolerance is definitely lower than when you're younger. Money loves risk takers and if you plan on playing safe all your life, you might not quite make it big.
Great opportunities always comes with a directly proportionate risk. So, while you are still young, make sure you invest wisely and take calculated risks in everything you do. 08) Money hates spendthrifts If you take out sugar from a jar and don’t replace it, what happens? The jar will run empty. The same for money, it will never grow where its always being spent.
For every penny spent there has to be a counteraction taken to replace if not double it. For most wealthy people who live lavish lives and are able to sustain it, they have set the needed measures in place to replenish the amounts they use up. In order to be rich you can’t fly first class, drive the most expensive cars or own the best mansions, unless you have a solid channel of bringing back the money spent.
Here's my favorite quote about saving by Thornton T. Munger, “The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.
” 09) Money Loves Authenticity Play your own game when it comes to money. Unique and creative ideas will never lack market. Believe it or not, it sells and there is a serious lack of originality in business and companies are defaulting to what they sell, instead of what they stand for. To be an entrepreneur, it often means bucking the status quo and taking an idea you believe in and tirelessly proving its worth to the world. While you should pick up bits of tips from successful people and try to learn from them don’t try to copy their whole life.
In short be authentic, curate your own financial journey because no two people have the same circumstances. Start with what you have, gather up tips from others and write your own plan.
10) Money Loves to Be Controlled If we are to be honest, money loves to be kept on a leash. Never let your finances run wild or else you will be in trouble. Have an account of the amount of money you have in every bank account and know how much is spent on expenses regularly.
If you don’t control your money it will control you. If you don’t determine how much you can spend monthly, your money will dictate for you what you can and can’t buy. Control your money or else it will control you and when this happens you could end up in debt. And wouldn't that be bad news? 11) Money can Never Be The Problem and The Solution If money is the problem then it definitely isn’t the solution.
Here’s where people go wrong. They think because they are short of some money, borrowing more money will solve their issues. So what happens? They end up in a spiral of borrowing more and more debt that they really can’t afford.
Instead of borrowing more money to solve your current money issues, why don’t you look for additional sources of income?
That is the only way to solve a money problem. You can get a side hustle, get an extra job or even start a business. 12) Money Doesn’t Change People I know most of you will probably argue with this fact but it’s the truth. Money and success won’t change you, it will only magnify what is already there. Someone who becomes proud and arrogant all of a sudden after getting rich, has always been proud and arrogant money only let them be their true selves 13) If you think money will make you happy then you are broke Founding father of the united states, Benjamin Franklin once said, “Money never made a man happy yet, nor will it.
There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.” Money can never bring you happiness, but the things you can do with it will.
They say money is the sixth sense that makes you enjoy the other five.
The only reason money is in the picture is because we need it to pay for everything we desire to bring us happiness. Some people argue happiness is self-made and money doesn’t contribute in bringing it. Some say more money means more problems. I believe money will contribute to happiness but it’s not all it takes to be happy. Let us know what you think in the comments section below.
14) Let money work for you If you carefully observe the rich and the poor you will find one key difference between them; The rich make money work for them but the poor work for the money. A rich man will hire the best minds to run his business while he uses his time to focus on strategy but a poor man will use up all his time to work for the rich.
A rich man will have many streams of passive income so that he earns even without working while a poor man has to work to earn a living. A rich man has a plan for his expenditure and even an emergency fund in case things go South when a poor man survives paycheck to paycheck and will go hungry if he isn’t paid. The differences are absolutely clear.
When money works for you, it will reap only more money. I hope that made sense and that’s it for today, thank you for watching. We hope you enjoyed the video. Let us know what you think in the comments. If you loved it give us a thumbs up and don’t forget to subscribe.
We have new videos every other day so you better hit the bell icon. See you next time!. https://elacmoneybasy.es/4jfc
Thanks for your visit!
https://youtu.be/NlWKTqXdLlk
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Saturday, April 30, 2022
7 Proven Ways to Make Money with Your Email List
7 Proven Ways to Make Money with Your Email List
This video is brought to you by OptinMonster. Use OptinMonster to convert and monetize your website traffic and grow your email list. Just click on the link in the description below to get started. The first 200 people to use the coupon code WPBVIP will get 25% off OptinMonster. Okay, now we get to talk about a fun topic.
Everything else was fun too but this is a way for you to make money with your email list. Now I also want to share a word of caution. You want to make sure that you're also providing value when you're sending out email so don't make every email a sales email. You'll want to look at doing something like a ratio of four or five to one meaning for every four or five emails of information and content that is helpful to the user, you can send out one email that is sales related in some way and so let's discuss some of the ways that you can do that. First thing you can do is you can recommend projects.
This is also called affiliate marketing where you'll send out an email of maybe one of your favorite products that you have used for ever and you want to share it with them and then you add an affiliate link within the email so that they, when they click on it, when they buy it you'll get a commission. Now you want to be careful because some affiliate programs such as Amazon don't allow you to put affiliate links inside your email so you'll have to get a little creative where you talk about the product, send them to your website that has the affiliate links, and then they can click on from your blog to then go. There are others that they don't care, you can put an affiliate link in the email and it's okay so just check with your affiliate program manager or the affiliate program to see what the requirements are for affiliate marketing and this one is probably one of the easiest ways to set things up just like with growing your website and your blog and making money with your blog.
Having affiliate products and ads on your site are probably two of the easiest ways to get started with making money the same thing goes with having affiliate products and suggesting them in your email is one of the fastest ways to make money with your list. The next way that you can make money is to get email sponsors and basically this is just, you have a list of a targeted audience and you know someone, you partner with a company or another website where they need to get in front of that target audience and so they sponsor an email that you send out to your list and it's usually a product that they want your target audience to go and purchase.
Here's an example of one Tim Schmoyer from YouTube creators he is talking about a particular product that he wants to introduce to his readers and you see at the bottom it even says that it is a sponsored email and you'll want to make sure that you showcase that is a sponsored email somewhere in the email for FTC purposes like he does here but you see it's a great way for him to introduce something that his audience probably already wants or already needs and this email, this sponsored email allows him to offer that and then he'll get a commission if they buy.
So getting sponsors for your email is really a great way to make money and it's a one-off thing unless it works really well then the sponsor might continue to sponsor all of your emails where maybe you just put a little link at the bottom. Next you can also sell your own product and for a lot of bloggers or a lot of people with a website, that is their ultimate goal. You're building up your email lists so that when the time comes you sell your own product and this is either a physical product that you've made you can do drop shipping that you sell somebody else's product or e-commerce but most of the time this is just you selling your own product. Something that you have created and that flows really nicely into number four where you're offering an eCourse.
Maybe you take a product like an e-book or something like that and you build it up into a video tutorial with downloadable items where you're taking them from a pain point to a solution point and you're offering the information to them and offering it as an eCourse through your email list and then once you create the product or you create the eCourse then you can start using your Thank You page to sell the product so that's the next tip.
Don't wait for them to be on your email list for a long time you can immediately once they sign up to be on your email list, most people simply send them to a really short thank you page. Create a really valuable thank you page where you're showcasing what you can offer and possibly even sell your product to them or at least introduce your product to them and give them the opportunity to purchase that product on the Thank You page.
The next one I think is a really neat idea and it's basically creating a paid email subscription model. I think this works more in industries where the topic that you're covering changes a lot and so you're keeping your readers on top of the information and here's a great example.
Marie Haynes she is in the SEO industry and she has created a really great paid email subscription model where, and it's a two tier, you actually are, you can be on the list as a free member and then also as a paid and basically the free member just doesn't get as deep of a dive as the paid members and this comes out monthly.
What I think is great about this is it gives everybody value whether or not they are paying but it also gives the free members a chance to bump it up to a paid email subscription model where then they're getting a little bit more information in the topic and I think for Marie she gets a better idea of how much she'll be making each month from that model. So thinking ways of how can you create a paid email subscription model for your readers as well. And then finally one of the easiest ones to do is if you have an e-commerce site sending an email to abandoned shopping cart people is a great way to recoup some of the money loss when people go to your ecommerce store, add something to the cart, and then they leave without ever making a purchase. If you're able to do that it's not uncommon to recoup as much as 10 to 20 percent of the people who had already abandoned and so those are seven easy ways that you can incorporate making money with your email list.
Thanks for watching and don't forget that this video was brought to you by OptinMonster. You can use OptinMonster to convert and monetize your website traffic and grow your email list. Don't forget to click on the link in the description below to get started because the first 200 people who use the coupon code WPBVIP will get 25 percent off OptinMonster. So question for you, which one will you work on today and get started with making money with your email list? Let me know in the comments below.
Thanks for your visit! https://elacmoneybasy.es/i785
https://youtu.be/d502wvpnLpU
https://elacmoneybasy.es/7-proven-ways-to-make-money-with-your-email-list/
This video is brought to you by OptinMonster. Use OptinMonster to convert and monetize your website traffic and grow your email list. Just click on the link in the description below to get started. The first 200 people to use the coupon code WPBVIP will get 25% off OptinMonster. Okay, now we get to talk about a fun topic.
Everything else was fun too but this is a way for you to make money with your email list. Now I also want to share a word of caution. You want to make sure that you're also providing value when you're sending out email so don't make every email a sales email. You'll want to look at doing something like a ratio of four or five to one meaning for every four or five emails of information and content that is helpful to the user, you can send out one email that is sales related in some way and so let's discuss some of the ways that you can do that. First thing you can do is you can recommend projects.
This is also called affiliate marketing where you'll send out an email of maybe one of your favorite products that you have used for ever and you want to share it with them and then you add an affiliate link within the email so that they, when they click on it, when they buy it you'll get a commission. Now you want to be careful because some affiliate programs such as Amazon don't allow you to put affiliate links inside your email so you'll have to get a little creative where you talk about the product, send them to your website that has the affiliate links, and then they can click on from your blog to then go. There are others that they don't care, you can put an affiliate link in the email and it's okay so just check with your affiliate program manager or the affiliate program to see what the requirements are for affiliate marketing and this one is probably one of the easiest ways to set things up just like with growing your website and your blog and making money with your blog.
Having affiliate products and ads on your site are probably two of the easiest ways to get started with making money the same thing goes with having affiliate products and suggesting them in your email is one of the fastest ways to make money with your list. The next way that you can make money is to get email sponsors and basically this is just, you have a list of a targeted audience and you know someone, you partner with a company or another website where they need to get in front of that target audience and so they sponsor an email that you send out to your list and it's usually a product that they want your target audience to go and purchase.
Here's an example of one Tim Schmoyer from YouTube creators he is talking about a particular product that he wants to introduce to his readers and you see at the bottom it even says that it is a sponsored email and you'll want to make sure that you showcase that is a sponsored email somewhere in the email for FTC purposes like he does here but you see it's a great way for him to introduce something that his audience probably already wants or already needs and this email, this sponsored email allows him to offer that and then he'll get a commission if they buy.
So getting sponsors for your email is really a great way to make money and it's a one-off thing unless it works really well then the sponsor might continue to sponsor all of your emails where maybe you just put a little link at the bottom. Next you can also sell your own product and for a lot of bloggers or a lot of people with a website, that is their ultimate goal. You're building up your email lists so that when the time comes you sell your own product and this is either a physical product that you've made you can do drop shipping that you sell somebody else's product or e-commerce but most of the time this is just you selling your own product. Something that you have created and that flows really nicely into number four where you're offering an eCourse.
Maybe you take a product like an e-book or something like that and you build it up into a video tutorial with downloadable items where you're taking them from a pain point to a solution point and you're offering the information to them and offering it as an eCourse through your email list and then once you create the product or you create the eCourse then you can start using your Thank You page to sell the product so that's the next tip.
Don't wait for them to be on your email list for a long time you can immediately once they sign up to be on your email list, most people simply send them to a really short thank you page. Create a really valuable thank you page where you're showcasing what you can offer and possibly even sell your product to them or at least introduce your product to them and give them the opportunity to purchase that product on the Thank You page.
The next one I think is a really neat idea and it's basically creating a paid email subscription model. I think this works more in industries where the topic that you're covering changes a lot and so you're keeping your readers on top of the information and here's a great example.
Marie Haynes she is in the SEO industry and she has created a really great paid email subscription model where, and it's a two tier, you actually are, you can be on the list as a free member and then also as a paid and basically the free member just doesn't get as deep of a dive as the paid members and this comes out monthly.
What I think is great about this is it gives everybody value whether or not they are paying but it also gives the free members a chance to bump it up to a paid email subscription model where then they're getting a little bit more information in the topic and I think for Marie she gets a better idea of how much she'll be making each month from that model. So thinking ways of how can you create a paid email subscription model for your readers as well. And then finally one of the easiest ones to do is if you have an e-commerce site sending an email to abandoned shopping cart people is a great way to recoup some of the money loss when people go to your ecommerce store, add something to the cart, and then they leave without ever making a purchase. If you're able to do that it's not uncommon to recoup as much as 10 to 20 percent of the people who had already abandoned and so those are seven easy ways that you can incorporate making money with your email list.
Thanks for watching and don't forget that this video was brought to you by OptinMonster. You can use OptinMonster to convert and monetize your website traffic and grow your email list. Don't forget to click on the link in the description below to get started because the first 200 people who use the coupon code WPBVIP will get 25 percent off OptinMonster. So question for you, which one will you work on today and get started with making money with your email list? Let me know in the comments below.
Thanks for your visit! https://elacmoneybasy.es/i785
https://youtu.be/d502wvpnLpU
https://elacmoneybasy.es/7-proven-ways-to-make-money-with-your-email-list/
Best Email Marketing Software
Best Email Marketing Software
- What's the best Email Marketing Software right now in 2020? Well, after testing all the best email services and even running our entire business on over five of the leading options. In this video, we're gonna step through our top recommendations, covering everything that you need to look out for when you're deciding which is the best email marketing platform for you. Hi, it's Justin Brown here from Primal Video, where we hope you grow an audience and scale your revenue with online video. If you're new here, make sure you click that subscribe button and all the links to everything we mentioned in this video, you can find linked in the description box below.
So let's jump into it.
Now there's a ridiculous amount of options when it comes to email marketing platforms. Deciding which one to go with is not a simple decision and choosing the wrong one can mean a ton of work migrating between them down the road. So we've spent a ridiculous amount of time trying and testing old deleting options, and we are constantly researching and retesting so that we can keep up with the latest features and the changes across the board. So in this video, I'm gonna be sharing what we've learned from all of that research and how we got to our current top recommendations and what you need to know to choose the right Email Marketing Software for you right now.
And on top of that I'm also gonna share with you a link to the recording of a free workshop that we ran, stepping through how we organically convert over 30% of our new YouTube subscribers over to our email list, every month completely automated. That training is super thorough and it even includes a walkthrough on how to set up each of our recommended email platforms as well. So make sure you stick around for that one. Okay, so getting to the options, as we've said, there's a lot of them out there and some of these platforms you've likely already heard of. You've got things like MailChimp, Active Campaign, AWeber, Drip, Infusionsoft, ConvertKit, GetResponse, Constant Contact, Sendy and there's a lot of others as well.
So we've tried and tested most of these and we've even run our entire business in various times on several of them. We actually started running our business on MailChimp, then we moved to AWeber and ConvertKit, Drip, Infusionsoft, and ActiveCampaign. And from all of that, our top two picks and our recommendations right now are ActiveCampaign and ConvertKit. Now both of these are our two standouts for different reasons, and they are the best options that we've found for the vast majority of users.
So we look for the best in class for specific use cases.
So you might be a power user or even an intermediate user right now but maybe a power user one day, someone is looking for something that is scalable longterm, something that's not gonna hold them back or something they're going to hit limits in. And those users are looking for something that will likely do everything that they ever need to do. Or the other use case is someone that's just after the simple stuff, basic emails, simple automations, and this use case could really fit in with most of the options that are out there right now. So no matter which one of those use cases or categories you might be resonating more with, our top two picks as I said are ActiveCampaign and ConvertKit. Now both of these are intuitive.
They're easy enough to use.
The interface isn't going to be too overwhelming for an absolute beginner or someone who is more advanced to jump in and to start to get familiar with either one of them. They're both really powerful email marketing solutions with builtin automations as well which is a huge advantage. They've also both got great Customer Support. Now it wasn't that long ago that ConvertKit Support was a lot better than ActiveCampaign Support.
But ActiveCampaign recently has really stepped up and they've even introduced things like a new Support Center here in Australia, which means they've now got more global coverage across different time zones. Now both of these services do run off a subscriber-centric approach, which is what you're essentially paying for each subscriber once or each email address once and then you can add that subscriber or that email address to as many lists or tags as you like. Whereas some of the other services are list-based. So a subscriber, if it's on multiple lists, you're actually paying for that one person or that one email address multiple times based on how many lists it's on.
Now with ConvertKit and ActiveCampaign, there is a slight difference in the overall workflow.
ConvertKit is entirely tagged based, whereas Activecampaign includes both tags and lists, which does add a nice extra layer of options for your subscriber management and your automations as well. So we're gonna dive into ConvertKit and ActiveCampaign in a little bit more detail to help you decide which one is the right one for you and then I'm gonna share my recommendations. Now, ConvertKit also supports some powerful, intuitive automations. It has a simple visual automation builder built in which is great. And it really helps you understand what happens as a user moves through a specific workflow or an automation and it supports pretty much all the basic options that most users will need.
It also has built in basic landing pages. Now I do mean basic landing pages. But this might be enough to get you up and running and it might mean one less platform or one less subscription that you need.
Now ConvertKit does have less features and a lot less pro-level automations and control than active campaign but ConvertKit is also very intentional with what they do with really a no bloat focus. Which is probably gonna create a lot less potential overwhelmed with their users as well without those advanced features.
No one goes to pricing. They do have a free plan that you can start out on. So we just starting to grow your email list and this could get you in on their platform and learning how it all works. But do note that this free plan, it doesn't actually include their visual automation funnels or their automated email sequences. So if you're looking to build out any automations or any email sequences, then you're not gonna have access to this on this plan.
So to unlock those features and everything else, you really wanna jump across to their complete plan, which starts at $29 per month for up to 1000 subscribers and the monthly fee scales as your email subscribers scale as well.
So, overall we've got several clients and tons of students that are using and loving ConvertKit. It is easy to pick up. It offers you some great basic automations that you can grow into if you're not there straight out and it doesn't require you to have an IT degree or a full tech team to help you understand it. So now on to ActiveCampaign.
This one's also got a really great interface, but as I've already said, it's got a lot more advanced options, a lot more control and a lot more complexity than ConvertKit.
So it's not as easy to use and it's definitely not as intuitive as ConvertKit. ActiveCampaign does have a built in CRM as well. Now it's definitely not a salesforce competitor. It is really simple, but it does let you manage your customers and track their history and interactions and everything all in the one place.
The email editor in active campaign is a little more clunky. So it does take more work to get the result that you want and to understand how it works, but know that it is really flexible with what you can achieve in that. In regards to the automation side of things, this is really the system seller for ActiveCampaign. It supports everything that ConvertKit can do but so much more as well. So you get far more advanced control and advanced features to really build out pro level and advanced level automations.
So you've got things I've been able to trigger specific actions to add people to a Facebook Custom Audience or to create Custom Webhooks.
They even have the ability to integrate with your website and tracking and all of that sort of stuff too and being able to track events or link clicks back to a specific email subscriber. So super powerful. So there is a huge level of depth in ActiveCampaign. Now it is a platform that is definitely harder to learn than ConvertKit but it will give you way more options as you grow.
Especially if you're someone who's looking at some of these automations and things and just having access to all of these options and features whether you need them right now or not. Now ActiveCampaign doesn't have built in landing pages like ConvertKit does, but it does integrate really well with most of the big services like Leadpages or you can easily link it up to your website as well. So in regards to pricing, you've actually got a few different plans that you can choose from starting at $9 per month for their lite plan which will include up to 500 contacts or 500 subscribers.
But at that price point it actually does give you access to their marketing automation features on that lite plan as well. If you do wanna access to some of the more advanced features like Facebook Custom Audiences, then that's where you want to move up throughout the plans.
But to compare this side-by-side fairly with ConvertKit, they're plan, we're starting at 1000 subscribers. So if we up this now to 1000, then you're at $17 per month here in ActiveCampaign, comparing that back to ConvertKit which we're starting at $29 per month for 1000 subscribers with those automation features in there.
And obviously just the same as ConvertKit, the pricing scales as your email list scales as well. So which one is the best and for who? Well ConvertKit is our go to recommendation for anyone that is likely going to get bogged down in the tech.
Someone that just wants something nice and unintrusive and easy to use. So it's our topic for anyone that's unlikely gonna want any of those complex automations or anything outside of simple email funnels. And that just wants something that will get the job done nice and easy and fast. Whereas we see ActiveCampaign on the other hand is for anyone who's really not fitting that description. It is far more customizable.
There is a huge range of options and features in there offering you incredible amounts of flexibility. And when you stack that up against ConvertKit, all that flexibility definitely adds more complexity. But if automations is a big thing for you and it is for us at Primal Video or you just wanna know that you're really unlikely going to be hitting any limits as you grow and scale with this stuff, then you're gonna love ActiveCampaign.
Now comparing the way the ActiveCampaign actually handles these automations against the likes of something like Infusionsoft or Keep, which has typically been the standard for marketing automation, Active Campaign just makes things far simpler to set up and to manage. And it really is chalk and cheese and ActiveCampaign stands out by a big margin.
So for us we use and love active campaign and we run everything in there from simple email funnels to entire business processes all within ActiveCampaign Even things like right down to managing subscriptions for our primal video accelerator membership. So if you're looking for an Email Marketing System where you're likely not gonna be bumping up against any limitations as you move forward and as you grow with this stuff, then that's where we recommend ActiveCampaign. But for those of you who are just after simplicity, then you'll love ConvertKit.
Now, if it's still not clear for you from this overview which one is the standout for you, then I would suggest just grabbing the trial version of each of them, diving in having a bit of a play around and just taking a look for yourself. And again, links are in the description below.
Now, earlier in this video, I said, I'd also share with you how you could access our Email List Growth Workshop, including all the tutorials and how to set up both ActiveCampaign and ConvertKit to start growing your list on autopilot. These are the exact tactics that we use to grow our email list by over 30% of our new YouTube subscribers, completely organically and on autopilot each and every month. So that is linked on screen now and below in the description as well and I will see you in the next one, cheers..
Thanks for your visit! https://elacmoneybasy.es/i785
https://youtu.be/8XGTxHGlcJc
https://elacmoneybasy.es/best-email-marketing-software/
- What's the best Email Marketing Software right now in 2020? Well, after testing all the best email services and even running our entire business on over five of the leading options. In this video, we're gonna step through our top recommendations, covering everything that you need to look out for when you're deciding which is the best email marketing platform for you. Hi, it's Justin Brown here from Primal Video, where we hope you grow an audience and scale your revenue with online video. If you're new here, make sure you click that subscribe button and all the links to everything we mentioned in this video, you can find linked in the description box below.
So let's jump into it.
Now there's a ridiculous amount of options when it comes to email marketing platforms. Deciding which one to go with is not a simple decision and choosing the wrong one can mean a ton of work migrating between them down the road. So we've spent a ridiculous amount of time trying and testing old deleting options, and we are constantly researching and retesting so that we can keep up with the latest features and the changes across the board. So in this video, I'm gonna be sharing what we've learned from all of that research and how we got to our current top recommendations and what you need to know to choose the right Email Marketing Software for you right now.
And on top of that I'm also gonna share with you a link to the recording of a free workshop that we ran, stepping through how we organically convert over 30% of our new YouTube subscribers over to our email list, every month completely automated. That training is super thorough and it even includes a walkthrough on how to set up each of our recommended email platforms as well. So make sure you stick around for that one. Okay, so getting to the options, as we've said, there's a lot of them out there and some of these platforms you've likely already heard of. You've got things like MailChimp, Active Campaign, AWeber, Drip, Infusionsoft, ConvertKit, GetResponse, Constant Contact, Sendy and there's a lot of others as well.
So we've tried and tested most of these and we've even run our entire business in various times on several of them. We actually started running our business on MailChimp, then we moved to AWeber and ConvertKit, Drip, Infusionsoft, and ActiveCampaign. And from all of that, our top two picks and our recommendations right now are ActiveCampaign and ConvertKit. Now both of these are our two standouts for different reasons, and they are the best options that we've found for the vast majority of users.
So we look for the best in class for specific use cases.
So you might be a power user or even an intermediate user right now but maybe a power user one day, someone is looking for something that is scalable longterm, something that's not gonna hold them back or something they're going to hit limits in. And those users are looking for something that will likely do everything that they ever need to do. Or the other use case is someone that's just after the simple stuff, basic emails, simple automations, and this use case could really fit in with most of the options that are out there right now. So no matter which one of those use cases or categories you might be resonating more with, our top two picks as I said are ActiveCampaign and ConvertKit. Now both of these are intuitive.
They're easy enough to use.
The interface isn't going to be too overwhelming for an absolute beginner or someone who is more advanced to jump in and to start to get familiar with either one of them. They're both really powerful email marketing solutions with builtin automations as well which is a huge advantage. They've also both got great Customer Support. Now it wasn't that long ago that ConvertKit Support was a lot better than ActiveCampaign Support.
But ActiveCampaign recently has really stepped up and they've even introduced things like a new Support Center here in Australia, which means they've now got more global coverage across different time zones. Now both of these services do run off a subscriber-centric approach, which is what you're essentially paying for each subscriber once or each email address once and then you can add that subscriber or that email address to as many lists or tags as you like. Whereas some of the other services are list-based. So a subscriber, if it's on multiple lists, you're actually paying for that one person or that one email address multiple times based on how many lists it's on.
Now with ConvertKit and ActiveCampaign, there is a slight difference in the overall workflow.
ConvertKit is entirely tagged based, whereas Activecampaign includes both tags and lists, which does add a nice extra layer of options for your subscriber management and your automations as well. So we're gonna dive into ConvertKit and ActiveCampaign in a little bit more detail to help you decide which one is the right one for you and then I'm gonna share my recommendations. Now, ConvertKit also supports some powerful, intuitive automations. It has a simple visual automation builder built in which is great. And it really helps you understand what happens as a user moves through a specific workflow or an automation and it supports pretty much all the basic options that most users will need.
It also has built in basic landing pages. Now I do mean basic landing pages. But this might be enough to get you up and running and it might mean one less platform or one less subscription that you need.
Now ConvertKit does have less features and a lot less pro-level automations and control than active campaign but ConvertKit is also very intentional with what they do with really a no bloat focus. Which is probably gonna create a lot less potential overwhelmed with their users as well without those advanced features.
No one goes to pricing. They do have a free plan that you can start out on. So we just starting to grow your email list and this could get you in on their platform and learning how it all works. But do note that this free plan, it doesn't actually include their visual automation funnels or their automated email sequences. So if you're looking to build out any automations or any email sequences, then you're not gonna have access to this on this plan.
So to unlock those features and everything else, you really wanna jump across to their complete plan, which starts at $29 per month for up to 1000 subscribers and the monthly fee scales as your email subscribers scale as well.
So, overall we've got several clients and tons of students that are using and loving ConvertKit. It is easy to pick up. It offers you some great basic automations that you can grow into if you're not there straight out and it doesn't require you to have an IT degree or a full tech team to help you understand it. So now on to ActiveCampaign.
This one's also got a really great interface, but as I've already said, it's got a lot more advanced options, a lot more control and a lot more complexity than ConvertKit.
So it's not as easy to use and it's definitely not as intuitive as ConvertKit. ActiveCampaign does have a built in CRM as well. Now it's definitely not a salesforce competitor. It is really simple, but it does let you manage your customers and track their history and interactions and everything all in the one place.
The email editor in active campaign is a little more clunky. So it does take more work to get the result that you want and to understand how it works, but know that it is really flexible with what you can achieve in that. In regards to the automation side of things, this is really the system seller for ActiveCampaign. It supports everything that ConvertKit can do but so much more as well. So you get far more advanced control and advanced features to really build out pro level and advanced level automations.
So you've got things I've been able to trigger specific actions to add people to a Facebook Custom Audience or to create Custom Webhooks.
They even have the ability to integrate with your website and tracking and all of that sort of stuff too and being able to track events or link clicks back to a specific email subscriber. So super powerful. So there is a huge level of depth in ActiveCampaign. Now it is a platform that is definitely harder to learn than ConvertKit but it will give you way more options as you grow.
Especially if you're someone who's looking at some of these automations and things and just having access to all of these options and features whether you need them right now or not. Now ActiveCampaign doesn't have built in landing pages like ConvertKit does, but it does integrate really well with most of the big services like Leadpages or you can easily link it up to your website as well. So in regards to pricing, you've actually got a few different plans that you can choose from starting at $9 per month for their lite plan which will include up to 500 contacts or 500 subscribers.
But at that price point it actually does give you access to their marketing automation features on that lite plan as well. If you do wanna access to some of the more advanced features like Facebook Custom Audiences, then that's where you want to move up throughout the plans.
But to compare this side-by-side fairly with ConvertKit, they're plan, we're starting at 1000 subscribers. So if we up this now to 1000, then you're at $17 per month here in ActiveCampaign, comparing that back to ConvertKit which we're starting at $29 per month for 1000 subscribers with those automation features in there.
And obviously just the same as ConvertKit, the pricing scales as your email list scales as well. So which one is the best and for who? Well ConvertKit is our go to recommendation for anyone that is likely going to get bogged down in the tech.
Someone that just wants something nice and unintrusive and easy to use. So it's our topic for anyone that's unlikely gonna want any of those complex automations or anything outside of simple email funnels. And that just wants something that will get the job done nice and easy and fast. Whereas we see ActiveCampaign on the other hand is for anyone who's really not fitting that description. It is far more customizable.
There is a huge range of options and features in there offering you incredible amounts of flexibility. And when you stack that up against ConvertKit, all that flexibility definitely adds more complexity. But if automations is a big thing for you and it is for us at Primal Video or you just wanna know that you're really unlikely going to be hitting any limits as you grow and scale with this stuff, then you're gonna love ActiveCampaign.
Now comparing the way the ActiveCampaign actually handles these automations against the likes of something like Infusionsoft or Keep, which has typically been the standard for marketing automation, Active Campaign just makes things far simpler to set up and to manage. And it really is chalk and cheese and ActiveCampaign stands out by a big margin.
So for us we use and love active campaign and we run everything in there from simple email funnels to entire business processes all within ActiveCampaign Even things like right down to managing subscriptions for our primal video accelerator membership. So if you're looking for an Email Marketing System where you're likely not gonna be bumping up against any limitations as you move forward and as you grow with this stuff, then that's where we recommend ActiveCampaign. But for those of you who are just after simplicity, then you'll love ConvertKit.
Now, if it's still not clear for you from this overview which one is the standout for you, then I would suggest just grabbing the trial version of each of them, diving in having a bit of a play around and just taking a look for yourself. And again, links are in the description below.
Now, earlier in this video, I said, I'd also share with you how you could access our Email List Growth Workshop, including all the tutorials and how to set up both ActiveCampaign and ConvertKit to start growing your list on autopilot. These are the exact tactics that we use to grow our email list by over 30% of our new YouTube subscribers, completely organically and on autopilot each and every month. So that is linked on screen now and below in the description as well and I will see you in the next one, cheers..
Thanks for your visit! https://elacmoneybasy.es/i785
https://youtu.be/8XGTxHGlcJc
https://elacmoneybasy.es/best-email-marketing-software/
Why Direct Mail Marketing Is Far From Dead Empathy Wines Barter Meeting
Why Direct Mail Marketing Is Far From Dead Empathy Wines Barter Meeting
- How many cases of wine did you buy? - 30. - Nothing, listen it's money but here's what's cool about it. You're gonna fucking give it to cli--, like it's so smart. You got your perspective.
I just wanna be happy, don't you wanna be happy? This is the biz dev barter of Empathy Wine episode. - So I bought Giant, and all he was doing was postcards. It was called Giant Postcards. 2011 I buy the company, yeah they're this big, giant postcards.
- How'd he come up with the name of the company? (laughing) Go ahead. - He had one thing right, he was doing shared. This is where I have to, if we want to debate a little bit. - Please.
- I have to debate with you because that plan right there, so he had a plan.
I took it and I perfected it to that. Now the manager of the club, if you flip it over, say that's Gold's Gym, Anytime Fitness, whatever. That manager right there goes next door to anywhere from two or one really. - The New York Jets were paying me millions of dollars and making millions of dollars by putting a logo in the bottom left-hand corner of the video and picture we posted on Facebook.
Shared is not exclusive to postcards or social media.
If you're gonna tell me, which you are, that they amortized down the cost I'm like cool. You can do that on Facebook and you can do it at scale. And you can run more arbitrage on Facebook because if you know how, a mailbox, the post office is fixed. Facebook is broken, it's a marketplace.
You get to take advantage. I am picking up fans who speak Arabic for 1.9 cents right now. Fans, not consumption, follows.
I'm gonna get paid $250,000, $400,000 a speech in Kuwait, and Jordan, and Dubai in a year because what Facebook does that the post office doesn't is it doesn't floor it.
So you're right, I understand what you've done. That's really right. That's what giant space allows you to do. - And that's the only way-- - I totally got it. - I believe that direct mail works.
- Honestly, look I literally just said you know what's funny? I don't hate direct mail. I just know if you use Facebook perfectly, with the mentality of direct mail, it's scary. I don't know what else to say the you bro. This is the same to everybody.
I can literally put fuckin' sushi on it for him. It's crazy, but much like you've perfected this, this practice of direct mail's been around for 80 years. There's so much work to be done on the content side on Facebook and on the discipline of being great at spending $88 against African American males that live in you know, downtown Atlanta who love the Hawks but not the Braves.
I mean the shit is fuckin' gnarly and there aren't agencies yet or humans that really understand what a Plinko board of that level looks like. Like I said, yes.
- I want you to know that crucial part though. You made me pivot and two years ago, right? Literally two years ago I said okay Gary's right, everybody believes him, right? - I gotta deal with that market behavior. - I didn't know, I saw you randomly, but I would say, and I might be completely wrong here.
But I would say you've exploded over the last two years. - Correct. I'd been around for eight years, but it's different now. - And no offense obviously. - No offense, I'm pumped about it.
I preach to these 24-year olds patience, I lived it.
I don't wanna be a hypocrite. I'm pumped that I fuckin' ate shit or grinded. And I was doing great like you. This is why I'm overreacting to your 37 or whatever.
You're gonna have more ups and downs depending on your personality trait. Ups and downs are based on risk. When you come from the dirt you have more losses because you're fuckin' playing with, give a fuck. When you start doing it right a little bit it depends on my dad hit a place where he was like fuck it I'm good. So I'm not gonna put myself in a position ever again, you know?
And honestly I'm kind of that way, too. I have enough of a nest egg in the thing, and even building Gary Vee is really built on what if all shit goes to shit? So I always talk about the truth. The economy being vulnerable, this and that nature. Because when the economy collapses, I'm gonna be right 'cause I'm right.
And two, I'm not gonna get 150, I'm gonna get 30,000. But I'll still get 30,000. And at least that's like my insurance policy. - Absolutely. - So you pivoted.
- I knew I couldn't build, we were doing close (audio skips), bucks, not bad. - And what, you were super narrow to just this world? - Just direct mail. - Just direct mail for gyms or just direct-- - Anybody, anybody. - But that client was big.
It was disruptive that, my talk there because they were so big a percentage of your. - 90%, 90% of our business, numbers. - Got it, got it, if it was eight percent it wouldn't have mattered.
If you were Kentucky Fried Chickens and gyms. - If you ask anybody you can probably say this.
I mean ask anybody in Anytime Fitness, I've been around for almost 13 years. - In that little world? - In there, yeah. And I've done 12 Anytime Fitness clubs. - And you still have them?
- All of them are still open. I've got a few because I've sold them. I bought one of my partners out for a big chunk of money. - For this one? - But before I run out of time with you, the biggest thing that I did, and this is your doing is I knew I couldn't make it.
If I wanted to get to 10 million, 20 million, 50 million, can't do it with direct mail. Now I could do it with direct mail, but do I necessarily want to? - You don't want to fight, you didn't want to fight, like you're smart. You could have. - It's five, 10% margins.
- But not only that, you would have had to fuckin' fight the inevitable fact that over time the internet will continue to gobble up more.
You're gonna have to fight harder on lower margin for a smaller pie. - So what I did was of course I can do the old stuff. I printed that. - I love that you did that.
- You've got a couple more here. And I got some other stuff, but I wasn't super impressed with it. I had my production manager do some stuff. But I got into literally, we still do the direct mail because it's still a good bit.
It's still 30, 40% of our business.
- But now? - As you know, direct mail's expensive, right? So on our revenue it's good. Now on the profit side like I said, five, 10%. - I got it.
- I hate doing a frickin' $10,000 deal and only make 1,000 bucks. - I get it. - Two and a half years ago I said okay we've gotta do everything. Not necessarily everything work small. So we started with the banners, then we went to lanyards.
Then we went to t-shirts. T-shirts really took off. T-shirts is I think where it's gonna be. Now we literally, if you go to my site we literally do everything. - You make.
- I hate to say no. Somebody calls me up, hey can do you do this? - The answer's yes. - ] I'm like yes. - Brother, I'm a believer.
I'm at my best when I'm that and I hate the years where my companies get big and I have to let it be in the no business for little while.
That's what I'm just getting out of in Vaner. Like the last three years I haven't been outrageously happy with the no culture of my own company. But what you do at times is you start. I'm a big believer in yes.
Then I think there's times where you're marinating some of those yeses which forces you to do a little no. And I hate those periods. I'm getting back into yes which excites me. Is there anything that I can help with right now? - Absolutely man.
- What? - Do you have, I know print's not huge. It's all about online right? We're mostly offline. - Don't get it twisted.
I love LinkedIn, I'm talking a lot about LinkedIn. But I don't love LinkedIn ads 'cause there's a floor. I don't like floors, I like internet has unlimited scale and inefficiencies when you start at zero. I'm a by-product of my reality.
I built a business from three to 60 million dollars in four seconds with no money 'cause Google didn't have a fuckin' floor at five cents a click.
Nobody on earth at the time, and I fucked up. I should have built a trillion dollar company. But I was in my little wine world. Nobody was buying silver oak and red wine, and Bordeaux. And I just fuckin' cleaned house.
That's why I love social media. Instagram stories right now will sign up a lot more people to the gym than that if you know what you're doing. It's like anything else. If you're good at baseball then it's a great idea. You make fuckin' $23 million a year being a middle reliever.
But if you're not, you're not. So it comes down to skill. I actually like paper, I like real world. I like events, I just talked about it. I like paper because there's a place for paper.
I write books in book form.
People make fun of me sometimes. They're like uh, Mr. Digital. I'm like because people read them.
There are very few things I shit on that I still do. I'm doing direct mail this week. I don't know what else to tell you. - How can we work together? - That's probably a better question, right?
That's the bigger, you always start with the moon and work back, exactly. - We just partnered with another guy. Our website is going through the roof. We're getting orders from everywhere. I've even talked to Australia about going-- - I don't even want to know how much paper is being printed in America.
I guess the question is what do you have right? When you say we're gonna do everything, are you sitting in the middle and outsourcing? Do you have a printing press? I don't even know what to ask? - When I was with Gold's Gym, I'm back, I did a full circle.
What I did over the past-- - What's my timing? - You're over. - By how much? I know, by how much? - 10 minutes.
- Okay but we'll have five more minutes. - Awesome, man. Basically full circle. - This is why this barter thing I'm doing is stupid because I'm not gonna be able to stay. Like we spent all this time analyzing my time.
Then it's so expensive that we kind of discounted and I'm already upset. Then I'm gonna go over by 30% in every meeting because I get pumped. That's what I keep telling people. When I have to sell something, I'm impossible to get to. - I've been trying to get to you for two and a half years.
- Right and how many cases of wine did you buy? - 30.
- Nothing, listen it's money. But here's what's cool about it. You're gonna fucking give it to cli--, like it's so smart.
- That's what I was telling John. I was telling John yesterday. - I'm like having the conversation with you guys. Like this fuckin' sucker. I feel like I'm not joking, I feel like a sucker.
But I love it. It's back to the grind of the game. I love when both people win. I love that you're winning. - I'm gonna give away 100, 200 bottles.
What if they all love it? You're a genius. I can't drink 300 bottles. - I know that. - To be honest, I'm not even a wine guy.
- And who's gonna buy wine? People are gonna buy wine that can aff-, who's gonna be able to barter? They're gonna be able to afford it which means they're in business.
Or one person just bought 100 cases. They're donating it to charity.
The charity that I'm on the board of is going to use it at very high events where it's going to get good branding. So totally and here's why good with that versus other things. It's truly a $40 wine truly for $20. So the people that get it are gonna freak of how good it is. And if you give it to somebody who normally buys eight to $20 wine, they're gonna be like this is so good when they go to the website and see that it's $20 by the case they're gonna be like fuck, this is way better than what I'm buying at Total Wine.
And it's 'cause it actually is a $40 wine for $20. Anyway nonetheless, what can we do? Here's what I would say. You're catching me at an amazing time. I'm as, okay here's what we can do.
Let me give you the whole gamut. I don't know if Vaner is in a position where it's so disproportionately pumped to get the paper or direct mail business for our clients because we're competing at the highest level. They're working with--. - Aren't you leaving money on the table, though? - We are, but the fight to the fight to give me their business when they're working with who the fuck knows up the scale, probably they're getting added value from their national media.
I don't know, but I'll do some homework. The most extreme, and I don't think this is going to, intuitively this doesn't feel right. There's more almost doing it for him and I. I want Phil and we're going through our own process.
This is me really taking time to sell Phil on this continued idea.
I'm desperate to create a company called 49. I have this thought that I'm going to build enormous amounts of wealth by creating a company that truly partners with people that are actually smart. I mean think about it. You paid a lot of money to buy out a minority partner. Me rolling in right now and being like give me 49% of your business is not like the thing that's gonna get you excited.
So Phil's gonna put you on a call. I want him on it because I want him to learn. You should take the business from the guy that's got it from us at Wine Library. So that should happen. I think that's good because I wanna continue.
I'm testing the waters, I still like it. - Do you do specialty or do you just do saturation mailing, do you know? - We do both, we do both. - Okay because specialty is good. It's obviously more expensive because you've got to pay first-class postage.
- I'll be honest with you. What's really fascinating to me is the, I think I can do it very weird. I'm in such a unique spot as a human so cool. This is the model? I think Wine Library could probably make $500,000 a year because unlike all these companies if I actually have a B side, if I do one video on Facebook that says hey, I'm doing something with direct mail I need you to send me the samples of your products because I will not let you buy space unless I believe in your product or service.
After we do quality control I could probably be mailing weekly and making my dad 5,000 to 10,000. - You could be mailing for free. - No, no as a profit center. - Dude, you could actually make money. There are clause, you know these.
- That's what a profit center is. - I cap it, I say it's 2,100 bucks for 5,000 postcards. If you get 2,400 you get to keep 300 bucks. - That's what I'm saying, that's what I'm saying. - So you could absolutely do that.
- Wonder if we can turn that into a business for influencers? Think about what I'm talking about now.
Test this with these guys. We do it for six months, really get it down. Feel good about it.
We build out some sort of little sales, CRM-y kind of little thing that becomes scalable. Then you convince, so for example, fitness influencers. Like it could be a profit center for influencers penetrating demos they're not reaching. You know, if you're the cliche ad, the good looking dude or hot chic, you're welcome man. (laughing) I love your haircut too, I'm super into you.
I was like fuck man, I wish I had that. You like his haircut? - I thought I was gonna get tattooed on the hair. - Tattoo's cool, but the haircut's good man.
It's like good.
- So I do good bringing him. - Very good. - Hey man, he's got a piece of this if we do a deal. - Anyway, so I need to wrap. Here's what I would say.
Through the process you'll send and email to them, me, and Brandon. Phil and Brandon will be on the phone with you tomorrow. You should take that business. We should do this. We'll do it once just normal, make sure everything.
That's not what I'm worried about. It's the holidays. In January I think I'm literally I'm not joking. I'm gonna try to roll, I mean just try it. I like saying yes, trying shit.
I'm gonna try to subsidize it for my dad. I'm trying to find ways to help my dad make more money. I'm gonna subsidize it with local New Jersey, I'll run the ads only in Jersey. It will literally be like Gary Vee's Jersey business recommended. It really is something I think if you think about how I'm leveraging brand, it's something my dad could be making 10,000 bucks.
If my dad, if I told my dad, dad, good news. You're mailing weekly 'cause it works, it's just expensive. You're mailing weekly and you're gonna make $10,000 a month because I'm whoring myself out on the other side through a process that I feel good about because I do like that restaurant in Red Hook and I do feel good about the taffy place in Atlantic City, and I do feel good about the whatever. He'll be happy and the business will grow. He'll make $120,000 in net profit just 'cause and his business will get a ton more traffic.
It will work, so anyway and then maybe we build that model. Then if I like that, probably this time next year I would then be able to say hey, let's do this for real whether it's 20%. We're really trying to figure out what we're building. We've gone from investing to private equity, to directed consumer brands, to a holding company. But I think, and it doesn't have to be Phil by the way.
If he decides not to pass on it, it will be Andy K or Tyler, or Sini.
I think I'm inevitably going down a path of a company called 49, Vaner 49. - I love it. - It's smart. - It's an awesome network.
Can you image the network you would--. - Of course I'm thinking about that. The amount of people. - An event with those people. - The Turks and Caicos weekend every year on the 49th week of the year.
(laughing) Oh that's December, it's cold. I love that, that's what? Right before, that's literally December 12th, I love it.
https://elacmoneybasy.es/why-direct-mail-marketing-is-far-from-dead-empathy-wines-barter-meeting/
- How many cases of wine did you buy? - 30. - Nothing, listen it's money but here's what's cool about it. You're gonna fucking give it to cli--, like it's so smart. You got your perspective.
I just wanna be happy, don't you wanna be happy? This is the biz dev barter of Empathy Wine episode. - So I bought Giant, and all he was doing was postcards. It was called Giant Postcards. 2011 I buy the company, yeah they're this big, giant postcards.
- How'd he come up with the name of the company? (laughing) Go ahead. - He had one thing right, he was doing shared. This is where I have to, if we want to debate a little bit. - Please.
- I have to debate with you because that plan right there, so he had a plan.
I took it and I perfected it to that. Now the manager of the club, if you flip it over, say that's Gold's Gym, Anytime Fitness, whatever. That manager right there goes next door to anywhere from two or one really. - The New York Jets were paying me millions of dollars and making millions of dollars by putting a logo in the bottom left-hand corner of the video and picture we posted on Facebook.
Shared is not exclusive to postcards or social media.
If you're gonna tell me, which you are, that they amortized down the cost I'm like cool. You can do that on Facebook and you can do it at scale. And you can run more arbitrage on Facebook because if you know how, a mailbox, the post office is fixed. Facebook is broken, it's a marketplace.
You get to take advantage. I am picking up fans who speak Arabic for 1.9 cents right now. Fans, not consumption, follows.
I'm gonna get paid $250,000, $400,000 a speech in Kuwait, and Jordan, and Dubai in a year because what Facebook does that the post office doesn't is it doesn't floor it.
So you're right, I understand what you've done. That's really right. That's what giant space allows you to do. - And that's the only way-- - I totally got it. - I believe that direct mail works.
- Honestly, look I literally just said you know what's funny? I don't hate direct mail. I just know if you use Facebook perfectly, with the mentality of direct mail, it's scary. I don't know what else to say the you bro. This is the same to everybody.
I can literally put fuckin' sushi on it for him. It's crazy, but much like you've perfected this, this practice of direct mail's been around for 80 years. There's so much work to be done on the content side on Facebook and on the discipline of being great at spending $88 against African American males that live in you know, downtown Atlanta who love the Hawks but not the Braves.
I mean the shit is fuckin' gnarly and there aren't agencies yet or humans that really understand what a Plinko board of that level looks like. Like I said, yes.
- I want you to know that crucial part though. You made me pivot and two years ago, right? Literally two years ago I said okay Gary's right, everybody believes him, right? - I gotta deal with that market behavior. - I didn't know, I saw you randomly, but I would say, and I might be completely wrong here.
But I would say you've exploded over the last two years. - Correct. I'd been around for eight years, but it's different now. - And no offense obviously. - No offense, I'm pumped about it.
I preach to these 24-year olds patience, I lived it.
I don't wanna be a hypocrite. I'm pumped that I fuckin' ate shit or grinded. And I was doing great like you. This is why I'm overreacting to your 37 or whatever.
You're gonna have more ups and downs depending on your personality trait. Ups and downs are based on risk. When you come from the dirt you have more losses because you're fuckin' playing with, give a fuck. When you start doing it right a little bit it depends on my dad hit a place where he was like fuck it I'm good. So I'm not gonna put myself in a position ever again, you know?
And honestly I'm kind of that way, too. I have enough of a nest egg in the thing, and even building Gary Vee is really built on what if all shit goes to shit? So I always talk about the truth. The economy being vulnerable, this and that nature. Because when the economy collapses, I'm gonna be right 'cause I'm right.
And two, I'm not gonna get 150, I'm gonna get 30,000. But I'll still get 30,000. And at least that's like my insurance policy. - Absolutely. - So you pivoted.
- I knew I couldn't build, we were doing close (audio skips), bucks, not bad. - And what, you were super narrow to just this world? - Just direct mail. - Just direct mail for gyms or just direct-- - Anybody, anybody. - But that client was big.
It was disruptive that, my talk there because they were so big a percentage of your. - 90%, 90% of our business, numbers. - Got it, got it, if it was eight percent it wouldn't have mattered.
If you were Kentucky Fried Chickens and gyms. - If you ask anybody you can probably say this.
I mean ask anybody in Anytime Fitness, I've been around for almost 13 years. - In that little world? - In there, yeah. And I've done 12 Anytime Fitness clubs. - And you still have them?
- All of them are still open. I've got a few because I've sold them. I bought one of my partners out for a big chunk of money. - For this one? - But before I run out of time with you, the biggest thing that I did, and this is your doing is I knew I couldn't make it.
If I wanted to get to 10 million, 20 million, 50 million, can't do it with direct mail. Now I could do it with direct mail, but do I necessarily want to? - You don't want to fight, you didn't want to fight, like you're smart. You could have. - It's five, 10% margins.
- But not only that, you would have had to fuckin' fight the inevitable fact that over time the internet will continue to gobble up more.
You're gonna have to fight harder on lower margin for a smaller pie. - So what I did was of course I can do the old stuff. I printed that. - I love that you did that.
- You've got a couple more here. And I got some other stuff, but I wasn't super impressed with it. I had my production manager do some stuff. But I got into literally, we still do the direct mail because it's still a good bit.
It's still 30, 40% of our business.
- But now? - As you know, direct mail's expensive, right? So on our revenue it's good. Now on the profit side like I said, five, 10%. - I got it.
- I hate doing a frickin' $10,000 deal and only make 1,000 bucks. - I get it. - Two and a half years ago I said okay we've gotta do everything. Not necessarily everything work small. So we started with the banners, then we went to lanyards.
Then we went to t-shirts. T-shirts really took off. T-shirts is I think where it's gonna be. Now we literally, if you go to my site we literally do everything. - You make.
- I hate to say no. Somebody calls me up, hey can do you do this? - The answer's yes. - ] I'm like yes. - Brother, I'm a believer.
I'm at my best when I'm that and I hate the years where my companies get big and I have to let it be in the no business for little while.
That's what I'm just getting out of in Vaner. Like the last three years I haven't been outrageously happy with the no culture of my own company. But what you do at times is you start. I'm a big believer in yes.
Then I think there's times where you're marinating some of those yeses which forces you to do a little no. And I hate those periods. I'm getting back into yes which excites me. Is there anything that I can help with right now? - Absolutely man.
- What? - Do you have, I know print's not huge. It's all about online right? We're mostly offline. - Don't get it twisted.
I love LinkedIn, I'm talking a lot about LinkedIn. But I don't love LinkedIn ads 'cause there's a floor. I don't like floors, I like internet has unlimited scale and inefficiencies when you start at zero. I'm a by-product of my reality.
I built a business from three to 60 million dollars in four seconds with no money 'cause Google didn't have a fuckin' floor at five cents a click.
Nobody on earth at the time, and I fucked up. I should have built a trillion dollar company. But I was in my little wine world. Nobody was buying silver oak and red wine, and Bordeaux. And I just fuckin' cleaned house.
That's why I love social media. Instagram stories right now will sign up a lot more people to the gym than that if you know what you're doing. It's like anything else. If you're good at baseball then it's a great idea. You make fuckin' $23 million a year being a middle reliever.
But if you're not, you're not. So it comes down to skill. I actually like paper, I like real world. I like events, I just talked about it. I like paper because there's a place for paper.
I write books in book form.
People make fun of me sometimes. They're like uh, Mr. Digital. I'm like because people read them.
There are very few things I shit on that I still do. I'm doing direct mail this week. I don't know what else to tell you. - How can we work together? - That's probably a better question, right?
That's the bigger, you always start with the moon and work back, exactly. - We just partnered with another guy. Our website is going through the roof. We're getting orders from everywhere. I've even talked to Australia about going-- - I don't even want to know how much paper is being printed in America.
I guess the question is what do you have right? When you say we're gonna do everything, are you sitting in the middle and outsourcing? Do you have a printing press? I don't even know what to ask? - When I was with Gold's Gym, I'm back, I did a full circle.
What I did over the past-- - What's my timing? - You're over. - By how much? I know, by how much? - 10 minutes.
- Okay but we'll have five more minutes. - Awesome, man. Basically full circle. - This is why this barter thing I'm doing is stupid because I'm not gonna be able to stay. Like we spent all this time analyzing my time.
Then it's so expensive that we kind of discounted and I'm already upset. Then I'm gonna go over by 30% in every meeting because I get pumped. That's what I keep telling people. When I have to sell something, I'm impossible to get to. - I've been trying to get to you for two and a half years.
- Right and how many cases of wine did you buy? - 30.
- Nothing, listen it's money. But here's what's cool about it. You're gonna fucking give it to cli--, like it's so smart.
- That's what I was telling John. I was telling John yesterday. - I'm like having the conversation with you guys. Like this fuckin' sucker. I feel like I'm not joking, I feel like a sucker.
But I love it. It's back to the grind of the game. I love when both people win. I love that you're winning. - I'm gonna give away 100, 200 bottles.
What if they all love it? You're a genius. I can't drink 300 bottles. - I know that. - To be honest, I'm not even a wine guy.
- And who's gonna buy wine? People are gonna buy wine that can aff-, who's gonna be able to barter? They're gonna be able to afford it which means they're in business.
Or one person just bought 100 cases. They're donating it to charity.
The charity that I'm on the board of is going to use it at very high events where it's going to get good branding. So totally and here's why good with that versus other things. It's truly a $40 wine truly for $20. So the people that get it are gonna freak of how good it is. And if you give it to somebody who normally buys eight to $20 wine, they're gonna be like this is so good when they go to the website and see that it's $20 by the case they're gonna be like fuck, this is way better than what I'm buying at Total Wine.
And it's 'cause it actually is a $40 wine for $20. Anyway nonetheless, what can we do? Here's what I would say. You're catching me at an amazing time. I'm as, okay here's what we can do.
Let me give you the whole gamut. I don't know if Vaner is in a position where it's so disproportionately pumped to get the paper or direct mail business for our clients because we're competing at the highest level. They're working with--. - Aren't you leaving money on the table, though? - We are, but the fight to the fight to give me their business when they're working with who the fuck knows up the scale, probably they're getting added value from their national media.
I don't know, but I'll do some homework. The most extreme, and I don't think this is going to, intuitively this doesn't feel right. There's more almost doing it for him and I. I want Phil and we're going through our own process.
This is me really taking time to sell Phil on this continued idea.
I'm desperate to create a company called 49. I have this thought that I'm going to build enormous amounts of wealth by creating a company that truly partners with people that are actually smart. I mean think about it. You paid a lot of money to buy out a minority partner. Me rolling in right now and being like give me 49% of your business is not like the thing that's gonna get you excited.
So Phil's gonna put you on a call. I want him on it because I want him to learn. You should take the business from the guy that's got it from us at Wine Library. So that should happen. I think that's good because I wanna continue.
I'm testing the waters, I still like it. - Do you do specialty or do you just do saturation mailing, do you know? - We do both, we do both. - Okay because specialty is good. It's obviously more expensive because you've got to pay first-class postage.
- I'll be honest with you. What's really fascinating to me is the, I think I can do it very weird. I'm in such a unique spot as a human so cool. This is the model? I think Wine Library could probably make $500,000 a year because unlike all these companies if I actually have a B side, if I do one video on Facebook that says hey, I'm doing something with direct mail I need you to send me the samples of your products because I will not let you buy space unless I believe in your product or service.
After we do quality control I could probably be mailing weekly and making my dad 5,000 to 10,000. - You could be mailing for free. - No, no as a profit center. - Dude, you could actually make money. There are clause, you know these.
- That's what a profit center is. - I cap it, I say it's 2,100 bucks for 5,000 postcards. If you get 2,400 you get to keep 300 bucks. - That's what I'm saying, that's what I'm saying. - So you could absolutely do that.
- Wonder if we can turn that into a business for influencers? Think about what I'm talking about now.
Test this with these guys. We do it for six months, really get it down. Feel good about it.
We build out some sort of little sales, CRM-y kind of little thing that becomes scalable. Then you convince, so for example, fitness influencers. Like it could be a profit center for influencers penetrating demos they're not reaching. You know, if you're the cliche ad, the good looking dude or hot chic, you're welcome man. (laughing) I love your haircut too, I'm super into you.
I was like fuck man, I wish I had that. You like his haircut? - I thought I was gonna get tattooed on the hair. - Tattoo's cool, but the haircut's good man.
It's like good.
- So I do good bringing him. - Very good. - Hey man, he's got a piece of this if we do a deal. - Anyway, so I need to wrap. Here's what I would say.
Through the process you'll send and email to them, me, and Brandon. Phil and Brandon will be on the phone with you tomorrow. You should take that business. We should do this. We'll do it once just normal, make sure everything.
That's not what I'm worried about. It's the holidays. In January I think I'm literally I'm not joking. I'm gonna try to roll, I mean just try it. I like saying yes, trying shit.
I'm gonna try to subsidize it for my dad. I'm trying to find ways to help my dad make more money. I'm gonna subsidize it with local New Jersey, I'll run the ads only in Jersey. It will literally be like Gary Vee's Jersey business recommended. It really is something I think if you think about how I'm leveraging brand, it's something my dad could be making 10,000 bucks.
If my dad, if I told my dad, dad, good news. You're mailing weekly 'cause it works, it's just expensive. You're mailing weekly and you're gonna make $10,000 a month because I'm whoring myself out on the other side through a process that I feel good about because I do like that restaurant in Red Hook and I do feel good about the taffy place in Atlantic City, and I do feel good about the whatever. He'll be happy and the business will grow. He'll make $120,000 in net profit just 'cause and his business will get a ton more traffic.
It will work, so anyway and then maybe we build that model. Then if I like that, probably this time next year I would then be able to say hey, let's do this for real whether it's 20%. We're really trying to figure out what we're building. We've gone from investing to private equity, to directed consumer brands, to a holding company. But I think, and it doesn't have to be Phil by the way.
If he decides not to pass on it, it will be Andy K or Tyler, or Sini.
I think I'm inevitably going down a path of a company called 49, Vaner 49. - I love it. - It's smart. - It's an awesome network.
Can you image the network you would--. - Of course I'm thinking about that. The amount of people. - An event with those people. - The Turks and Caicos weekend every year on the 49th week of the year.
(laughing) Oh that's December, it's cold. I love that, that's what? Right before, that's literally December 12th, I love it.
https://elacmoneybasy.es/why-direct-mail-marketing-is-far-from-dead-empathy-wines-barter-meeting/
Saturday, January 30, 2021
Picking Successful Careers After Idol
The majority of the contestants who make it into the top few places of the show tend to be offered some sort of recording contract. It is important to realize that not all contestants who are offered a contract are actually successful though. Simply being offered a contract is not a guarantee of success, and this is where many people tend to slip. The idea seems to be that once a recording contract is offered, the hard work ends. In fact, this is the moment when it just gets started. For the majority of musicians it is critical to understand that not only is the contestant up against the other recent American Idol contestants, they are also then up against the seasoned professionals who make their living using their vocal talents.
The true test for the contestants is when they are up against all of the other professionals in the music industry and determine exactly how they are going to ensure that they stay relevant. What most American Idol contestants do not realize is that hard work and dedication is simply not enough. It is very important to create music that people actually want to hear. It is also important to actually make music that you are interested in though, this means it is very important to balance these creative desires.
There are several failed American Idols who have done very well for themselves following the show. The first that tends to come to mind is Chris Daughtry, this is the biggest success simply because of the fact that he went on with his band to create major success. Additional huge successes come from people such as Jennifer Hudson who has gone on to a career in film, while picking up an Academy Award for her performance in Dreamgirls.
Trying to predict the success of an American Idol contestant is never easy, however taking the time to actually connect with the audience is a key ingredient of success. At the same time, though it is absolutely critical to take some time and really start looking at all of the musical inspirations that each musician has. If you are looking to create a true connection with your audience, it is very important to tune into the whims and desires of the crowd. For many this is extremely hard to do, and for others it is even more difficult to do.
As you watch each season of American Idol, you have no doubt seen several different artists that you are interested in watching create a special career. Working on a separate CD is not something that all contestants are suitable for. However, it is possible for many of the contestants to create a truly unique album if they are given the opportunity. The important consideration is the fact that most people simply do not have the time, or the resources that would allow them to actually create a spectacular album.
Pulling for the contestant that you are interested in is very important, because as everyone knows it is critical to ensure that your favorite contestant receives the recording contract. Typically speaking, it is known that those contestants who are extremely popular are much more likely to actually receive a contract over those contestants that are just merely tolerated by the viewers. It is extremely important to ensure that your favorite contestant goes as far as you would like, which means showing your full support. While most people are fully aware that it is difficult to obtain a recording contract having huge amounts of support is always a great assistance for the contestant that you have chosen.
Thanks for your visit!
Posted by: Jose Amoros
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