How to Sell Your YouTube Videos The Good The Bad The Ugly

How to Sell Your YouTube Videos The Good The Bad The Ugly

If you don’t want to read it, you can watch this video.

YouTube has come up with something really, really cool. It’s got a few issues, but over-all I think it’s a good idea. We’ll see what the future holds. What you can do is sell or rent your videos.

First of all. Let’s talk about what you need before you can start doing this. You need at least 1000 active subscribers. You need to be a confirmed YouTuber. Most of you have already done that. Then, you have to link your AdSense account.

But what’s funny is that’s not how you get paid and that’s not where the money goes. I’ll tell you about that later. But this is how you get into it.

I’ve already done it. You have to go to your creative studio and to your paid subscriptions. Then you will get this agreement. You should read through that to be sure there won’t be any problems. When you click on it, you’ll have to put in your name and your company name and all that stuff.

On the paid subscriptions page, be sure not to click the red block or it will unsubscribe everybody from your channel and they will have to re-subscribe for it to be a paid channel. So, your better option is to create a new one.

Now, let’s get into the really interesting part of this. I love YouTube, but it would have been really cool if there was a handbook. I started experimenting. Let’s go to how this thing looks. There is a review process that is 24 to maybe 72 hours. There is a playlist. When you go to play one, you’ll either see this video is available or this video is being reviewed.

When you go in to make a video paid, you will hit monetization, then you can click on rent or purchase. This is the other thing that is real interesting. For every region, you have to make an offer in all of these currencies. I selected the UK and the US because that is where 90% all my views are coming from. What I am going to do is create a special tab in my Gumroad account where people can buy a collection of videos.

Once you select the purchase option, it is forever and ever. It’s awesome. I see myself just using the purchase option. Once you purchase it, it is yours forever. You can’t delete it or change any of the stuff that goes along with that video. It’s pretty simple.

If you want to sell in a lot of countries, it gets a little tricky. What you’ll have to do is go to Google currency translator and translate all the currency into the prices you potentially want. If you see one you want to buy, just send me an email and I will go ahead and make the adjustment.

Now, let’s talk about that. I haven’t done it yet, but I have the feeling that once you make the adjustment, you will have to go through the review process all over again. That’s what I think is going to happen. That may not be true, but govern yourself accordingly. That is how you create the paid videos.

What’s really cool about this is I’ve got one approved and essentially how people will pay for this is through Google wallet. Now this is where it gets really, really interesting. At first, I didn’t know where the money was going. There is a two to three-day lag from time of purchase to it showing up.

Let’s talk about the video that was approved. I believe one of the reasons this was approved so fast is because it was a Google hangout video. Once it converted, I turned it into a paid video. It was really quick compared to the other ones which I am still waiting on.

Going back to the bad. Once you do this, it’s going to turn it into a publicly announced video. When you turn one of your videos into a paid video, the minute that you do that process, it’s going to shoot out an email to all your subscribers. Then when they come to that video, they can’t see it and they get this weird message. That pisses people off.

I’m one of those people who are not risk adverse. I can deal with the dislikes and stuff until this improves, because I think the potential for this is massive. And when I say massive, I am talking massive massive. Say you are a YouTuber, right. And you have 100,000 views per month. If you can convert 1000 of those views into 99 cent paying customers. Let’s just crank it down even more, let’s say if you can convert .5% of that 100,000 to paying customers, that’s $500. For many of you in that range, that’s equal to or greater than your AdSense.

I’m going to stick with this program, because I think the upside is massive. Let’s say you have a $3 product. And you take 1000 people out of your 100,000, that’s $3000 dollars. This is doable. That’s kicking AdSense in the ass all day long. If you’re a creator, I suggest you experiment with this during the summer. If you’ve been on YouTube for any time at all, you know that sometimes your views will dip during the summer.

If you can get things going in the summer, it is just going to get better and better in the fall. That’s been my experience my last six years. That’s the good. That’s the bad. That’s the ugly. I think the potential is incredibly massive because I have almost 1000 videos you can see and I have another 276 that are private. I think there are about 100 I can put under this tab. I just converted a bunch and I will continue to do that once this batch gets approved and I get more feedback.

I’ve always made more money selling products than with AdSense. AdSense has been nice. But once it was opened up to everybody, it got to be less and less money. I even took the ads off my videos at one point, because it didn’t make any sense.

But this makes a lot of sense. What would you sell? It would have to be a “How To” or an educational video. Say you do a review on a brand-new camera. Then maybe you have that camera for six months or so and you know all the quirks and stuff, then you create the Insider’s Guide for like $5 or $10. It will sell because it’s like a cheat sheet so they won’t have to spend six months learning it on their own. People will pay money for that type of information because it makes their life easier.

I don’t know how this would work for people doing entertainment channels. If you are a review channel or a “How To” channel, this will kick AdSense in the ass.

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Why You Need More than Money to Be Successful

Why You Need More than Money to Be Successful

If you don’t want to read it, you can watch this video.

Let’s get into this sad state of affairs where people think that a bunch of money that you didn’t earn or that maybe you borrowed is going to make you successful. It is a fallacy. It’s a false narrative. I’m going to explain to you why.

Not too long ago Daymond John, Ashton Kutcher and some other famous person got together for an apparel line and they dropped $7 million into that business, and it went belly up. Now Daymond John knows apparel. He’s on Shark Tank. Ashton Kutcher has about $150 million. These are not unsophisticated investors. They’re accomplished in many ways in their own right. They put this money in this company and it didn’t float.

Daymond said they made a critical mistake because they thought celebrity would push the brand. They had money. They had experience and it still didn’t work. I say that to submit to you that this idea about money being enough to start a successful business is a fallacy.

I had a client who has been watching the channel. They came to me and said, “I have a bunch of money, what business should I start?” I said, “Don’t start any.” After talking to this person, I realized they had no business experience whatsoever. I said, “All you’re going to do is lose your money.” I advised him, “What you can do is take some money and put 95% of the money away and take 5% and risk that. That way if things don’t go well, you’ve still got most of your money and you’re good.”

So, we go through this process. It’s about two years. We build what I call micro businesses. They’re small businesses that have a designated purpose. The person was really hyped because before they inherited all this money, they didn’t make a lot of money. They started these businesses and developed business skills. Now it is five years later and they are in a position to take some money and put it into something, because now they have experience.

You can’t replace business experience with money. You can’t do it. I know there will be people who will argue with me.

When you spend money to build a business without experience and without a team, you will lose the money. What’s that saying? A fool and his money will soon be parted. It makes sense.

The real economics of success are experience. If you have experience, you can get money. If you have experience, you can build stuff. I tell people to stop trying to leave what you know how to do and go out here and do this other thing that you don’t know how to do. You’ve got a learning curve and all this stuff going against you. But people still do it. When you go after the money instead of your interests, it probably won’t end well.

The thing about experience is it takes time to get. So many people are trying to get the income of a decade of experience in a few days. Tim Ferriss’s book, the 4-Hour Work Week is a prime example of that. The book’s good. There is a lot of stuff in there. He tells the truth and says he had to work for years to get to that 4-hour work week.

Hear me and hear me now. Start getting experience in something. If you’re young, experiment and take some chances.

If you’re coming out of high school and you have no clue what you want to do and you have no money; I’m going to say don’t go to college. Don’t take out a ton of student loans. Instead, get yourself a job and go out and experience life for about three years. If you want to go to college later, you can go. If you get the wrong degree and spend this money on the wrong degree, that decision can negatively impact you for two to five decades or until you die.  

I’ll tell you a little story. I used to suck ass at dating. Part of it was because I was shy and had no self- confidence. Life wasn’t good for me then. It’s really hard to approach a woman full of confidence when your life is like that.

So, I began to hack it. I watched people that were successful with women. I observed that their behavior was radically different than what I was taught. So, I began to act like them and got good results. It was a little awkward at first, because I was doing stuff I thought was wrong. I became really good at dating. Then I took that experience online and I was crushing it.

Get to the point where you have confidence in what you do. Stop watching so much hustler porn. When I evaluate an online personality, I don’t look at what they say. I look at how they’re living. That always tells the tale.

If you’re out here claiming to make millions and you live in a matchbox, that’s bullshit. If you have to run a GoFundMe page because your dog gets sick, that makes no sense. If you create a Facebook page and you see normal people activity, then something’s up.

I’ll tell you a secret. Folks who have money and who have done well in life often have been wounded for being successful. You don’t see people on their Facebook page, unless everybody is like them. People are often hesitant to really show how they’re living, because they will be attacked and have people asking them for stuff.

Anyone who is successful online has an internet record. If you come across somebody who has no record, you should ask yourself why. If you come across somebody who claims to make millions of dollars and you can’t find much about them on Google, ask yourself why. There’s a lot of people who claim to be internet millionaires and you can’t find an LLC and some of them you can’t even find their high school picture. Look at all that stuff.

When you investigate a millionaire’s past, you should see that in the beginning it was rough. That’s normal. You should see a path of progression. It’s usually going to be over three to ten years. When you see they stuck with it and learned some stuff, then you know that person is cool. But if all you see is fluff and hustler porn, and when they talk it is all about high-level stuff and theories but not applicable stuff, ask yourself why.

Building wealth today is easier than it used to be. But, it’s still hard. You have people who want to be rich for the sake of being rich with no higher purpose. That’s when you have Donald Trumps. That’s when you have these morally bankrupt people.

For those of you interested in pushing the dial, be sure to join Hustle Camp. We’ll teach you how to manage your money, increase your net worth, balance out your life and make more money.  

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Hustlology – When Money Becomes a Priority

Hustlology – When Money Becomes a Priority

If you don’t want to read it, you can watch this video.

Let’s have a real conversation. This has been the question of the week. People want to know how to make money with no money. What we really need to discuss is the bigger problem. Getting money is not the larger problem. The big problem is you do not put money as a priority in your life. It’s not a priority.

You can earn money with no money. The problem is you have to work. You may have to work some bullshit work. You may have to do some shit you don’t want to do to earn money.

I did some analysis and what I am really hearing is how can I make some money with almost no effort. That’s the gist of it. There are videos on this channel that tell you how to make money.

People say they don’t want to work that hard. They say things like, “I’m living with my mama. I want the lifestyle like you have, where I can come and go as I please. I don’t want to work that hard. I don’t have any money to pay you. I just want to get paid.”

The second problem is it’s all about you. There’s no one else that comes into the equation. No one else matters. That’s another reason you are broke. You’re selfish.

Number one – money is not a priority to you. Number two – you’re selfish as fuck. Number three – you believe in fairy tales.

You’re asking someone you don’t want to pay to help you earn a significant amount of money and to only be paid with your undying gratitude. Now, let’s flip it. If I came to your house and I said. “Feed me.” And you’re cool with that. You say, “I have some leftover steak.” Then you say, “No. I don’t want steak. I want that stuffed flounder. And could you get a certain Merlot. They sell it in Publix.”

So, not only am I coming to your house and I’m turning down the good food that you are offering me. The steak was awesome. It just needed to be heated up. No, I don’t want that. I want you to go to the store and spend money, cook and then feed me exactly what I want.

If someone came to your house with those demands, what would you think? You’d think they were fucking crazy. Yes. That’s the problem. People don’t think.

Number one – money is not a priority. Number two – you’re selfish as fuck. Number three – you’re living a fantasy. This is why you’re broke.

To make money with no money requires that you give some type of equity with your life. The more unskilled, the more unremarkable the talents you have are, the harder you will have to work. Many people can’t get it through their fucking skulls that they’ve got to work.

There is no Spiderman or Thor coming to save your ass. When your support system is not in a position to help you, you will perish. The average woman who receives significant child support, when that child support is over, she enters into poverty because they become dependent on the money of other people. This is why you have generation after generation of people on public assistance. They have been taught that someone is going to do something significant for them.

We’ve got these people wondering why they can’t move forward. They wonder why they can’t make the money they want to make. It’s because it is not a priority. It’s not on the table.

Some people say, “I think about not having money all the time.” That’s the thing, you think about you not having money. You don’t think about what you can do for another person. It’s all about you. As long as it stays in that little circle of you, money can’t get in. You’ve got to start thinking about bigger things other than yourself.

The reason I am being so hard is because I know the mindset, because I used to have it. I used to go to the store and pull out these magazines and see these fancy ads and see this slick guy in front of a nice audio system. Back in the day, having a nice audio system was a sign of prestige and status. It would say, hey if you send me $29.99, next month you will be driving a Ferrari. I was that fucking stupid. I was there. When you are selfish and you don’t place money as a priority and you don’t think, it is very easy to be seduced by anything.

If I had sat down and thought about it, I would have known it was bullshit. But I didn’t think like that because I was desperate. Why would anyone do that for me for $29.99? I wanted that shine. I had that thirst. I wanted to be in a big house driving a nice car, but I never thought about how to get that stuff. That’s where you are.

I have people who are mad at me on this channel because I don’t just sit and talk to them for hours and hours for free. If you can disappear for hours and no one is looking for you, that tells you something. If you could die in your apartment and no one finds your dead body until the rent is past due, that tells you that you aren’t doing enough for other people. That’s why you’re broke and you will continue to be broke as long as you continue to think like that.

There are solutions, but you have to pay for them. That’s called being an adult. It will take you from broke to making some money. Then it will take you forward to making more money until you eventually are making the money you want.

Many of you want to jump over these critical steps and get to the money you want to make without serving anyone. You keep wondering why it doesn’t work. You wonder why nobody gives a fuck about you.

That’s the reality. If you are broke and all of your friends are broke, it is because you don’t place a priority on earning money. You’re hoping to earn money. You want someone to come in and save you.

It is one thing to be ignorant. It is another thing to stay ignorant. If you continue to not know year after year, that’s on your stupid ass.

We live in a world of unbridled opportunity, but many people are not taking advantage.

You must make money a priority if you want to make money.

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Owning a Business – What It Means and How You Can Do It

Owning a Business – What It Means and How You Can Do It

If you don’t want to read it, you can watch this video.

This is my definition of owning a business. A business is an enterprise that makes money whether you’re present or not. If you have an eBay business or an Amazon business, this is the disconnect. If you cannot walk away from that business for a few days or a few months and income continues to come in, you have what is called a job. You are self-employed with a job.

Many people have a business that is really a hustle. I knew a gentleman who had a liquor store. Whenever he had to do something, he literally had to close the store. When he was gone, he was out of business. He had a business license, a liquor license, a location, rent and all of that. Since he and his wife ran it, when he had to do something, he shut his doors. He had a very documented hustle.

When you are building a business, the first thing you have to keep in mind is whether this business will make money when I am at home doing nothing. Many people don’t think that far and they craft an enterprise and create themselves a job. Comparatively, on holidays I make money while I’m gone. That is a business.

Some people asked if that is passive income. No. It’s residual income or it’s sales income. I have certain automated processes which means I do not have to be around.

If you want to have a business, you want to have an entity that is apart from you that makes money. If you are in your business and your business goes south if you disappear and the business falls apart, you have a job. You are self-employed with a job. I can’t stress this point enough.

When you get to the point where your business puts money in your bank account, day after day and year after year, without a heavy involvement of your time; then you have a business. You may have to work like a maniac for two, three or four years to get to this point.

I know a guy who worked like a maniac for seven years. It costs him his marriage. The family talked about him. He recently sold his business for $20 million. He’s still a relatively young guy.

If you want to start a business, you need to keep in mind that you want to serve as many people as possible that will benefit from your service or product. That’s goal number one. Secondly, you need to create processes where your business is working for you.

I have a unique set of businesses. I am a published author. I do consulting. I have YouTube. I have courses. Every now and then I hustle and resell products, because it’s fun. I’ve dialed that way, way back. I make money when I am not even in town.

If you’re a writer, you can create a business model like this. I’ll just give it to you really quickly. If you write 20 or 25 books in the same genre, you can create yourself business income from those 20 books that will continue to pay you for months and years.

A lot of small business owners have a hard time letting go of some of the business tasks. That is where a lot of small business owners are. They can’t let that stuff go. That kind of thinking slaps a limit on your potential income because you want to do what you want to do.

In the storage auction business, I was self-employed. When my partner and I got sick, the business went away. It was a great hustle. There were no processes in place to keep the business going when I got sick.

Going forward, not as many people are going to retire the same way they have in the past. They are not going to be in “sit on your ass” retirement mode. Instead, the smart people are going to have perpetual income streams.

As long as you continue to build your hustle and not your business, you are not going to have that long-term income. You do not have to have a brick and mortar business to have a business. You have to have a process that earns, collects and distributes money back to you with minimal involvement from you. In some cases, no involvement is required. That’s a business.

As long as you’re hustling and you’re pushing the activity button, it’s a hustle. When starting your business, you have to be involved. That’s just part of it.

When you are planning the end goal, you have to keep this in mind. You should build your life first and then design your business around those life goals. It’s much easier that way. When people do it the other way around, many entrepreneurs experience burnout, divorce and chronic mental illness. Being an entrepreneur can be very stressful. It isn’t for everyone.

You can build a business slowly while you have a job with less stress. You need a plan. This is one of the reasons entrepreneurs need business coaches. They need someone from the outside who can look in objectively and say, “Look buddy, This is what is going on with your business.” Many entrepreneurs are too close to the tree to see the forest. Planning should begin before you start the business.

People sometimes get caught up in the money and miss the boat on other factors. Freedom is also important to most people at some level. It is common for people caught up in a high-paying job or a business not to have a lot of freedom. That’s another reason I stepped away from resale and started working on a business that makes money when I am not around. I wanted that freedom.

Once you get a taste of that freedom, it is hard to go back to enslavement. It tastes so sweet, my teeth hurt. I’m not talking about a job. There are many business owners who are enslaved. The minute they take their finger off of the throttle, everything goes sideways.

But there are people who have a hustle that can turn it into a business if they take a few steps. You have to get rid of the mentality that no one can do it better than you can. That’s bullshit. There are people out there that crave to have a job.

You can find committed people that can even do it better than you can. That is your ego talking. You have to get past that or you will keep yourself enslaved in a hustle that could become a business.

When you are building a business, you have to have an end goal. I plan on living to 105 or 115 with advancements in technology. I will be making content until then, because I can do it at my own leisure. That’s why I love this business. That’s why I got out of resale.

Whether you build a hustle or a business is a choice. The litmus test to determine whether you have a hustle is if you shut your hustle down for a month. What happens to your money? If you can’t survive on what is coming in during that month, you don’t have a business.

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The Fastest Path to Success – Embrace Change

The Fastest Path to Success – Embrace Change

If you don’t want to read it, you can watch this video.

If being who you are right now is not getting you the results you want in your life, how are you going to get the results you want in your life by staying the same? I really want you to ponder that. There are a lot of people who do not know who the fuck they are because they never really thought about it.

Everything that you are and everything that you have and don’t have is a result of your thought process. I’ll give you an example. There is this guy from Australia with no arms and legs. He uses a stub to type. This guy created a company and married a gorgeous woman and has a family.  

This guy admitted that he had trials and tribulations. He was depressed at times, but he kept going. Understand, he was able to do something that many people without any physical disabilities have been unable to do. He was able to build a life and have a family.

There are many people who are able-bodied and attractive people who hate to wake up in the morning. They self-medicate with drugs, alcohol and crazy behavior. They absolutely hate waking up, yet they look good. For some people, the bar for being successful is really low. If they look good physically and have a degree and a good job, they are viewed as successful.

For some people, that is painfully inadequate, because they are not looking at those core drivers. They’re not doing what they want to do. They’re not doing something that makes them happy. These people are often told they should be happy because they have it so good. But they’re not happy because they aren’t doing what they want.

How do you facilitate change and remain the same person you are? I have a very simple answer. You can’t. If you continue to stay the same person, you will continue to yield the same results.

I thought I had reached the highest point possible for my life in the storage auction business. I was fulfilled spiritually. I was fulfilled financially. It was everything. After getting out of it, I realized something else.

I’m not the same person that I was when I was in the business. I couldn’t do what I am doing today with the same mentality that I could do the storage auction business. That’s why I had to really change myself. I look at things totally different now, because of my personal evolution. Everyone has the opportunity to evolve or to stagnate.

Let’s talk about some really ugly things like friendships. There is a group of people in your life who can be a cheerleader for you even when they remain stagnant because they care about you. That is rare. Unfortunately, most people will look at the mirror you are holding up in front of their face and will hate you internally and will actually try to knock you off course. It will be very subtle and vile.

So, if you’ve got a group of friends who enjoy your success and are very happy for you, you better hold onto them. They don’t come along that often.

As far as friends go, there are some people you will have to get rid of. They can’t go along with you as you evolve. They will hold you back.

Any person who has achieved stunning success has gone through a personal evolution. When I say stunning, I’m talking about Bill Gates, Mother Theresa and Martin Luther King, Jr., to name a few.  All of these people have gone through a serious personal evolution.

You can’t keep people who can’t deal with your success in your life. You must eject them because their energy will taint your path. That’s cold and harsh, but it’s true.

You may have to let go of some family members. I know for some people they won’t consider that. I’ve seen how some people prostitute that family bond. They believe if you fuck up, your family is always there for you. I grew up in an era when family members were disowned. If you fucked up the family name, people let you go. You can’t save everyone.

Understand, there’s love. There’s loyalty and then there is personal behavior. You can’t love someone out of bad personal behavior. You can love them and you can hope for the best, but everyone makes these choices.

You cannot stay the same and reach your potential which is counter to one thing this society preaches. One belief you will hear is that if you change, you are selling out. This is my definition of selling out. It’s doing something that you don’t want to do. That’s selling out to me.

If you want to do it, I don’t see how that is selling out. I see the nobility in struggle when it helps you move to a higher place. When people perpetually remain poor in the name of living a spiritual life, that’s some bullshit. They seem to think there is something inherently wrong with making money.

Are you ready to be successful? Are you ready to make the changes you need to make to be successful? I can tell you from experience, when I had an entitlement mindset or was trying to save the world, I was miserable.

I have a new philosophy, I can’t save the world but I can help a few. Ever since I have been operating within that paradigm, my life has been saner. I’ve been more fulfilled. For some people to wake up, everybody has to fucking leave them. That’s what it takes for some people to wake up and make changes.

I don’t believe in Karma. I believe in cause and effect. Sometimes, you can do something very bad and the effect is breathtakingly good. I have done some stuff and I couldn’t believe the effects. I couldn’t believe it.

Here’s a quick lesson. If you believe in Karma, what you’re doing is programming your subconscious mind to punish you when you fuck up. People who have not programmed themselves that way can do all kinds of things and not suffer any ill consequences. I know that’s going to blow your mind, but it’s true.

When you are looking at changing yourself and trying to climb the ladder, the biggest thing that is going to help you is to have long-term goals for your life. If you want to get married and have kids, put it on your goal sheet. Writing down your goals is key for success.

When people begin to realize that hard work by itself is not getting them where they want to go, they are beginning to wake up. They are beginning to connect the dots. Many people become frustrated and they get off the path.

People have to sit down and come up with better answers to get better results with less work. It’s the opposite of what we’re told about what we should do to be successful. Hard work plays a role to a degree; but strategy, positioning and your mental environment is more important. Once you understand that, you can start to truly evolve and effect change.

If you want to change your life, learn how to navigate the paradox of change. The sooner you can do that and not worry about the fact that you are going to lose some people on your journey, the more successful you will be.

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Creating an Internet Lifestyle Business What I Did and What You Can Do

Creating an Internet Lifestyle Business What I Did and What You Can Do

If you don’t want to read it, you can watch this video.

How do you start a profitable online business? Everybody wants to be online and everyone wants to have a business. But there are a few things you need to do before you get on that path. Knowing what you’re doing is a big part of you ending up where you want to be. From 2009 until recently, I had an internet lifestyle business.

I put out information products and webinars. It was just me pretty much having fun. Then one day, I decided to take this up a little.

I had 100% passive income from my first book for about 2 and a half years and then it just went boom, and it was over. When I wrote this book, I had no intention of creating a business. It was about me wanting to be a writer. I knew that people were having issues with storage auctions. I was like, I’ll write this and then I’ll get “the real book deal.”

The whole deal is that first book started a lifestyle online business which is what you see all over the place. You’re on the beach enjoying the laptop lifestyle. That’s really hard. For every person that is truly living the laptop lifestyle, you probably have 100,000 struggling. That’s just reality.

To start a real online business, it’s got to be structured differently. How you start is how you will end. As you’re building the online business, you have to have the end in mind. That is very important. Do you want to sell it at some point? Do you want to give it to your kids?

Let’s say you want to bring in investors. If you do, then you have to setup your business as a C-corp immediately. Knowing how you want to end is critical in how you setup your business.

When you’re putting your business together, you have four categories. You have a traditional business that’s using an online presence. An example of that would be a restaurant where you have a physical location, but you have a website for promotion purposes.

What I have now is a completely online business. Once you decide you want to be 100% online, that pushes a lot of businesses off the plate. With a restaurant, unless they’ve been there before, they are probably not going to order something online unless it has a lot of great reviews. In the future, there may be restaurants that you never step foot in, that are 100% online.

You have to decide what kind of business you want. I’ll tell you about my feelings and how I decided. The fact is I hate traffic. I really hate working with crazy people. So, this online business works for me. This might be miserable for someone else.

Some people may want to be on the stage giving presentations. They may like to travel and think that is an exciting lifestyle. If that’s the case, then build that into your business choice.

The big problem a lot of people have is that they don’t know what to do. They want to have an internet business. They know they want to leave their job. They know they want more money.

When you first start your business, this notion that you’re going to have more time for your family is bullshit. When you start your business, you’re going to have less time for family. Be really clear on that.

You’re not going to be able to start this part-time business and get this full-time income. I know people are telling you that it is possible. I’m here to tell you, no it’s not. It’s a unicorn. It’s Big Foot. You hear about it, but you never see it.

When you start a business you’re the CEO. You’re the clerk. You’re the receptionist. You are the call center. You’re everything. For this reason, you have to be sure you can handle doing the type of work required for the business you decide to start. For example, if you want to start a snow plow business and you hate the cold, then that business doesn’t make sense for you. Even though in the future you might be able to hire other people to plow the snow, in the beginning you will definitely be doing some cold work yourself.

If you’re young, do it now. It is less stressful to start a business before you go out and get into a mortgage or big car payment. The less debt you have to worry about when you start a business, the better. It will be less stressful. If you’re 16, 17, 19, 20 – start your business now while you’re living with your parents, if possible.

You have to decide what kind of business you’re going to start. Then you have to decide what level of commitment you can make. This is probably one of the number one reasons businesses don’t make it. It’s a lack of commitment, not a lack of customers or cash.

When you are not making a lot of money in the beginning and you are working very hard, it can be difficult to stick with it. But, you must recognize this stage as a test that will be worked through eventually as you learn how to establish systems and move your business to the next level. A lack of  commitment often comes from a lack of results and research.

My main goal is freedom, so if my businesses allow me to be free, then I’m “on purpose.” Then I’m doing what I want to do. I don’t care what the vehicle that gets me there looks like.

You have to decide what is your singular purpose. This will help you decide on a type of business. Say you’re a vegan. Then why would you have a steakhouse. You see people start businesses that conflict with their inner goals and philosophy. It happens quite a bit.

The next thing you have to have is research. You have to continue to educate yourself and do research. Let’s say you want to be a landscaper. If you do, there are videos about landscaping you can watch where they discuss different landscaping techniques and challenges. You should watch them. It’s not about the information. It’s about what you do with it.

This is the problem some people have. They are so anxious to get to the endpoint that they don’t take the time to put the process in place to get to the endpoint. After doing research, you need to apply what you learn. For example, when you listen to an audio book, you should immediately apply any actionable things you learn to your business. Listen and do. Listen and do.

When I listen to a good audio book, I will listen to it three to five times. Each time I listen to it, I have a different take on it. Now, this is a huge investment in time. A short audio book is five to six hours.

People feel like they don’t have the time necessary to learn the things they need to learn. But, you must make the time. That is a crucial component of business success.

To be successful, you must take each step seriously. You have to figure out what business you want. You have to make a commitment. You have to become a research ninja. The fourth thing you must commit to is self-education and personal development.  

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Becoming a Real Business – Breaking Bad Habits – Getting Rid of Your Marketplace Drug Habit

Becoming a Real Business – Breaking Bad Habits – Getting Rid of Your Marketplace Drug Habit

If you don’t want to read it, you can watch this video.

I was involved in a conversation this morning and there was a comment on the thread that I thought was very appropriate; marketplaces are like drugs. I thought that was a really good comment because if you ever talk to someone who is making money on eBay or Amazon and they really haven’t had many issues or setbacks, it’s like you’re talking to a crackhead.

I remember when I was in this Facebook group, I shared my negative experiences with eBay and Amazon and there was a great deal of doubt and trepidation. People thought I was lying. Here it is three years later and many of the people who doubted my testimony experienced similar challenges. I’ve noticed from the tone of that group that more and more people are diversifying and reducing their eBay dependency.  

If 51% of your revenue is coming from eBay, you’re eBay top heavy. What are you going to do if eBay gets rid of you? What are you going to do if Amazon gets rid of you? Sure, you can get back on under a different company name, but you’ll always be looking over your shoulder worried they will find you out.

People believe eBay and Amazon only get rid of you if you do something wrong. Every year there is a new Terms of Service (TOS ) that comes out. Something you were doing was fine and then they change the terms of service and you forget a listing or two that should be changed to meet the new TOS and the next thing you know, you’re in trouble. You don’t have to do anything major to get in trouble other than not be completely on top of your data.

These bans occur because eBay and Amazon know there is nowhere else you can go unless you build your own site and generate your own traffic. Let’s look at eBay and Amazon and the traffic they get. Do you get all that traffic? No. You only get a certain amount of that traffic.

Given those facts, I want you to think about this. If you had a website and you had a thirty-dollar product, right? Say the product costs you five bucks to make. Say you’re at $22.50 profit and you only get 500 sales per month. It doesn’t sound like a lot, right? That’s $185,000 per year. After costs and taxes, you should still net out at six figures or close to it. That’s a very good living.

One of the reasons these marketplaces are so powerful is because you get that social proof and immediate gratification, even without a sale. When you put up that ad on Amazon or eBay, you can hit that share button and show people you have something on the site.

When you’re dealing with these drug addictions, it’s a twelve-step process. The first step is you must recognize there is a problem. eBay is a hell of a drug. Amazon is a hell of a drug. The reason that these drugs are so powerful is that the high is so hard to replicate.

In the beginning when you use your own website, you have to go out there and plow up the soil and plant the seeds. You don’t see anything for a while. When you have crops that are growing, there is a lot of stuff going on underground. You can’t see it. You are waiting for those seeds to give you some crops. Without the immediate gratification of eBay and Amazon, it’s hard for you to understand the process because you can’t see anything happening.

Your best high is from growing your own shit, or your own business. There are so many businesses making $1million to $2 million from sites you’ve never heard of. One of the highs associated with being on eBay or Amazon is instant credibility. You get prestige by association. You don’t get that with your own website until it blows up. But, it may never blow up.

I have a friend who has a website. It’s a really simple one. That site makes her about $15K per month. She’s had it about ten years. She doesn’t really do much to it.

In the beginning your money may not be what you want it to be when you have your own website. However, if you go ahead and get something you can sell to people around the world, or over and over again, you could be retired. The big benefit of using your own websites is that you can build something that will make money forever and forever.

I’m going to give you a scenario. Get your house paid off fairly quickly. Get your cars paid off fairly quickly. Then you have $9K per month coming in. You have no mortgage and no car payments. You are living a great lifestyle. You’re not rich, but you are wealthy because you have time and you don’t have any debt. When you get to that point, you are free from the matrix and you’re not living life the way everyone else is.

For the people who stay with eBay and Amazon even though they are not making enough money to live on, social proof is worth more to them than success. Let’s look at the evidence. There are a bunch of people on Amazon and eBay who are barely breaking even and they’ve been doing that for years.

When you set up your own site, it’s like people are saying, “Who the fuck are you? So what if you have a website.” That’s what is coming your way. Say the first site doesn’t work out, then you build another one. You may need to build another one after that. You get to the point where your failures become leverage points of success.

As long as you are on these marketplaces like eBay and Amazon, you are not going to learn the things you will learn with your own website. For every hour you spend in the marketplace, you need to spend two hours on your shit. I would say three or four hours is necessary. You need to start focusing on your stuff.

You’ve got to get the client’s email address. You’ve got to get them on your email list. You have to control access to information to your customers or potential customers. You have to be in that driver’s seat to be totally successful online.

This is just some food for thought. The sooner you start working on your shit instead of their shit, the sooner that your shit will blow up. I’ve seen it too many times. I’ve seen people leave eBay and Amazon and blow the fuck up and become successful.

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Creating an Internet Lifestyle Business What I Did and What You Can Do

Creating an Internet Lifestyle Business What I Did and What You Can Do

If you don’t want to read it, you can watch this video.

How do you start a profitable online business? Everybody wants to be online and everyone wants to have a business. But there are a few things you need to do before you get on that path. Knowing what you’re doing is a big part of you ending up where you want to be. From 2009 until recently, I had an internet lifestyle business.

I put out information products and webinars. It was just me pretty much having fun. Then one day, I decided to take this up a little.

I had 100% passive income from my first book for about 2 and a half years and then it just went boom, and it was over. When I wrote this book, I had no intention of creating a business. It was about me wanting to be a writer. I knew that people were having issues with storage auctions. I was like, I’ll write this and then I’ll get “the real book deal.”

The whole deal is that first book started a lifestyle online business which is what you see all over the place. You’re on the beach enjoying the laptop lifestyle. That’s really hard. For every person that is truly living the laptop lifestyle, you probably have 100,000 struggling. That’s just reality.

To start a real online business, it’s got to be structured differently. How you start is how you will end. As you’re building the online business, you have to have the end in mind. That is very important. Do you want to sell it at some point? Do you want to give it to your kids?

Let’s say you want to bring in investors. If you do, then you have to setup your business as a C-corp immediately. Knowing how you want to end is critical in how you setup your business.

When you’re putting your business together, you have four categories. You have a traditional business that’s using an online presence. An example of that would be a restaurant where you have a physical location, but you have a website for promotion purposes.

What I have now is a completely online business. Once you decide you want to be 100% online, that pushes a lot of businesses off the plate. With a restaurant, unless they’ve been there before, they are probably not going to order something online unless it has a lot of great reviews. In the future, there may be restaurants that you never step foot in, that are 100% online.

You have to decide what kind of business you want. I’ll tell you about my feelings and how I decided. The fact is I hate traffic. I really hate working with crazy people. So, this online business works for me. This might be miserable for someone else.

Some people may want to be on the stage giving presentations. They may like to travel and think that is an exciting lifestyle. If that’s the case, then build that into your business choice.

The big problem a lot of people have is that they don’t know what to do. They want to have an internet business. They know they want to leave their job. They know they want more money.

When you first start your business, this notion that you’re going to have more time for your family is bullshit. When you start your business, you’re going to have less time for family. Be really clear on that.

You’re not going to be able to start this part-time business and get this full-time income. I know people are telling you that it is possible. I’m here to tell you, no it’s not. It’s a unicorn. It’s Big Foot. You hear about it, but you never see it.

When you start a business you’re the CEO. You’re the clerk. You’re the receptionist. You are the call center. You’re everything. For this reason, you have to be sure you can handle doing the type of work required for the business you decide to start. For example, if you want to start a snow plow business and you hate the cold, then that business doesn’t make sense for you. Even though in the future you might be able to hire other people to plow the snow, in the beginning you will definitely be doing some cold work yourself.

If you’re young, do it now. It is less stressful to start a business before you go out and get into a mortgage or big car payment. The less debt you have to worry about when you start a business, the better. It will be less stressful. If you’re 16, 17, 19, 20 – start your business now while you’re living with your parents, if possible.

You have to decide what kind of business you’re going to start. Then you have to decide what level of commitment you can make. This is probably one of the number one reasons businesses don’t make it. It’s a lack of commitment, not a lack of customers or cash.

When you are not making a lot of money in the beginning and you are working very hard, it can be difficult to stick with it. But, you must recognize this stage as a test that will be worked through eventually as you learn how to establish systems and move your business to the next level. A lack of  commitment often comes from a lack of results and research.

My main goal is freedom, so if my businesses allow me to be free, then I’m “on purpose.” Then I’m doing what I want to do. I don’t care what the vehicle that gets me there looks like.

You have to decide what is your singular purpose. This will help you decide on a type of business. Say you’re a vegan. Then why would you have a steakhouse. You see people start businesses that conflict with their inner goals and philosophy. It happens quite a bit.

The next thing you have to have is research. You have to continue to educate yourself and do research. Let’s say you want to be a landscaper. If you do, there are videos about landscaping you can watch where they discuss different landscaping techniques and challenges. You should watch them. It’s not about the information. It’s about what you do with it.

This is the problem some people have. They are so anxious to get to the endpoint that they don’t take the time to put the process in place to get to the endpoint. After doing research, you need to apply what you learn. For example, when you listen to an audio book, you should immediately apply any actionable things you learn to your business. Listen and do. Listen and do.

When I listen to a good audio book, I will listen to it three to five times. Each time I listen to it, I have a different take on it. Now, this is a huge investment in time. A short audio book is five to six hours.

People feel like they don’t have the time necessary to learn the things they need to learn. But, you must make the time. That is a crucial component of business success.

To be successful, you must take each step seriously. You have to figure out what business you want. You have to make a commitment. You have to become a research ninja. The fourth thing you must commit to is self-education and personal development.  

If you like this, be sure to get on my email list for updates to live streams and special offers. Subscribe today!

The Decline of Shared Prosperity Why You Need to Start a Business

The Decline of Shared Prosperity Why You Need to Start a Business

If you don’t want to read it, you can watch this video.

Someone in the Mastermind Group put in a very interesting Google talk about the future of work. I listened to it while I was in the gym. Currently, we have a very compartmentalized economy. It’s “winner take all” meaning there are a select few who are getting most of the pie. It used to be that whatever you did, you shared your prosperity.

Now, you can get the whole pie. It’s a good thing and a bad thing. If you’re the guy making the pie, it’s great. It’s awesome. It’s over the top wonderful.

If you are in line for a piece of pie, it’s cataclysmic. I was listening to his talk and it reinforced some concepts that I have. This shit is going to get realer than real. We’re about to reach an apex. This thing isn’t just hitting the USA, it’s hitting the world.

When I was listening to this talk, I just started laughing because this guy in the audience asked this question. He asked, “If you have children, what would you tell them in light of what’s coming in the future?” The responses were very interesting.

Some people feel that a large percentage of doctors will be displaced. I’m going to explain that to you. When I was in the medical field, the floor used to operate like this. There were four wings. Each wing had four or five nurses and a “Tech.” Now what has happened is a floor will have six or seven “techs” and one nurse. Now what’s going to happen is that nurses are going to disappear and there’s going to be a computer to tell those techs what to do until we get to the point where we can have robots.

Doctors are never going to disappear but they are going to become centralized. There will be a doctor in the control station. They’ll be doing diagnostics on their iPad and stuff. They will not have to be there. It will be remote medicine. I mean, this is in our lifetime. You won’t have to go to the doctor. The doctor will come to you on your computer screen or your phone.

Automation is going to reduce the need for doctors. One doctor will probably be able to do the work of ten in the future because of the efficiencies of scale. What I am saying is that fields that you never thought would be displaced, will be displaced.

In this talk, they said the fields that will not be disrupted are fields with high levels of creativity and entrepreneurship. I was sitting there saying, “They are telling the truth.” I have wanted to be an entrepreneur since I was eleven years old. I was told I wasn’t smart enough or good enough. I heard, “I have a job and that’s good enough for me, so it should be good enough for you.”

I refused to accept those notions. I finally got myself into the position where I was an entrepreneur or self- employed hustling. I’ve never been happier in my life.

Since these were academic guys giving the talk, they couldn’t go too far out on a limb. They have reputations to worry about. But, I’m not an academic guy that has to worry about that. I will say that this thing’s going to kick off really, really hard in about five to seven years. It’s already happening and it’s impacting many people. But, it’s going to accelerate. It’s going to increase. It’s going to decimate many professions.

I know a lot of people who have been laid off. They asked me, “If you were me, what would you do?” I say, “I was you!” I went through that. You’re going to have to make some very hard decisions. You’re going to have to change your lifestyle.

There are no safety nets. There is no such thing as a sure job. It doesn’t exist anymore. There was this article I read about this doctor who got sick and she had to go on food stamps. Can you imagine? She never saw that coming.

I went from being a reseller and having to do a lot of physical work to the creative side. It just made sense to me even though I still don’t make as much money now as I did when I was in the storage auction business. A lot of people don’t understand why I left the storage auction business. They think it’s all about money.

Let me explain it to you. I have learned that I have great intuition. I instinctively knew that on July 17, 2009, that it was my last shot at being a writer. Something inside me said, it’s now or never. I traded money for the future. I made a value proposition loaded decision that I was going to be better off in the future as a creative person than a person that did a lot of manual labor.

If you’re in the storage auction business or you’re a reseller, you are doing a great deal of manual labor. You are trading your time and your body for dollars. That’s just a fact. I moved away from that because I know the power of being a creative person.

I made a choice and it’s looking to be a very good one. I can do what I’m doing now, forever. What I’m telling you is start where you have to start to get experience.

In the future, you will not ever be able to get comfortable with something that is successful. It will be removed because new stuff is always coming into the marketplace. I realize for me to continue to have this writer’s lifestyle that I have to continue to produce.

Studies show that people with more education make significantly more money. The guys on this talk broke down what they meant by education. They broke it down. They said education was life experiences and self-taught which is what I’ve been pushing for so long. For many people, they think education is a “degree.”

This might insult you and it should. If you see friends and family with a college degree are living in poverty and you are going to follow that path, you are an idiot. That means you don’t have something that’s critically important in any level of education. I’m talking about critical thinking skills.

I expanded the definition of education for myself in 1999. When I step into a room of people, I often find myself to be the most educated person in the room. It’s because I never stopped learning. Many people my age are done, and I’m 47. They don’t read books. They don’t try anything new. They’re done. You can’t be in a position of stasis and be safe.

If you don’t know what you want to do in life, do not go to school to try and figure it out. You’re wasting too much time and money playing around. Don’t go to school.

You are going to have to let go of things and ideas from the past that no longer work. Getting a college degree is no longer a guarantee for middle class prosperity like it was in past decades. Get over it.

For those of you who want to get into the world of business, you have to start and get over your fear. The changes that are coming will impact everyone. You have to start a business because you’re going to need it to survive and thrive in the future.

Don’t wait until you are in dire straits and lose your job. Do it today. Think about your future.

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How to Be Successful for Real – Are You Dreaming or Bullshitting Yourself – A Rant

How to Be Successful for Real – Are You Dreaming or Bullshitting Yourself – A Rant

If you don’t want to read it, you can watch this video.

The right mindset is incredibly important in any endeavor you undertake. Many people go into many situations with the wrong mindset. They think, what if I fail. If you could do anything, anything in the world and money, time, age and gender wasn’t an issue and none of that stuff applied, what would you do with your life right now?

I asked myself that question five years ago. I’m doing it. I’m doing what I want to do. Frequently, people put obstacles, roadblocks and all of these things in their own way. They say things like, “I short. I’m black. I’m a woman.” Many people will come up with a movie of defeat before they take the first step towards success. That question for some of you has created a state of paralysis.  

Some people even say things like, “God didn’t want me to have that.” “God didn’t send that man into my life.” “God didn’t send that woman into my life.” I’m challenging that, because I call bullshit on that. As many of you know, I don’t really believe in a lot of religions because I’ve seen them harm people more than I’ve seen them help people. That’s just my opinion.

This is where I am. I think God gives you everything you need to be successful and your journey in life is to uncover, enhance and build those attributes. I don’t think it is about sitting on your ass and praying all the time, wishing for things to come through. That’s what many people do in my estimation.

So, I took this person who was all God this and God that and now he says “I” and he works his ass off. The dude worked his ass off. This was the bet. My normal rate is $450 per hour. I said if this is successful, you pay me $900 per hour. He went for it. I knew what was going to happen.

After doing this for a while now, I can see what will happen. I’ve turned people away because I don’t think I can help them. There are people I simply can’t help and I know it. There’s no point in them even spending their money. Now this is where the fight started. As we were going through the sessions, business was doing okay. Now the business is booming.

This is where the problem with the wife comes in. Now that he has more money coming in, she wants to quit her job following those God principles that a man provides and protects. I told him not to let her quit her job.

I said this is what you do. You’ve got more money coming in. This is not the time for her to stand down. This is the time for her as a woman to stand up. I gave him a plan. I said this is what you do with that money.

This is the fight he has. He’s got some dissension going on in his house because he’s making more money. He’s doing the good steward thing and he’s going to church and he’s making the money in the household and his wife is not listening to him.  

I told him to stand firm. He started implementing this stuff and the money started to stack up. I mean they saved more money in a manner of weeks because his business now supports the household and her money goes into a savings account. She wants to be what I call an adult child. She wants to spend her money how she wants to and he handles all the responsibilities. A real marriage or partnership does not fucking work that way.

 

Then it got really bad and he called me up. I said this is what you do. You go to your wife and you put this question to her. “What would you do with your life if I wasn’t here?” Then walk out of the room. Tell her to write it down and send it to you in an email. Make her use her mind.

So, he did it. She came down the stairs and she wanted to tell me and wanted to talk. I told him to remain firm in his manhood and not to engage her and fight with her. I told him to walk away. You can’t fight emotion with logic. I said if you have to get in your car and go hang out with your boys, then do that. I told him to stand firm on that. This shit went on for four weeks.

She finally did it. She had a dream of being a ballerina. He told me that. I said to tell her to go look for ballerina classes. They have then for adults. Tell her to take some and to take some time.

She did that and she found out she didn’t want to be a ballerina. It was just a whim. I had to finally talk to my consult’s wife to figure out what she really wanted to do. That’s when it came out that she wanted to be a wife. She never wanted to work and only did it because she had to. She resented her husband and when he got to that point where she could live that dream and he wasn’t with it, then she became mad.

So, I sat him down and I said, “Okay, what’s the deal?” They were a young couple. They don’t have any kids. I said, “What is this business of you staying at home when there are no kids to raise?” She said that she was his wife. I said, “Okay. What are your responsibilities as a wife?”

She got quiet. She got real quiet. I said, “This is common. You are so invested in his role that you don’t know what your role is.”

I think you need to go to your church and find one of those women that is 50 or 60 years old and ask them, what is your role as a wife. So, everybody talked and this is the kicker. She doesn’t want to have children and he does. He never knew that.

It gets real in the G-verse. She wants to stay at home. She doesn’t want to have children and she wants him to essentially be her Daddy, not her husband, but her Daddy.  

We talked some more and I gave her some G-love. She admitted she had no good role models in her family for this situation. So. She’s working on it.

This is a situation that is boiling. I know when a guy wants to have kids, he wants to have kids. If it’s not with her, he will find somebody.

This is why when I consult with people I asked them, what do you want to do with your life. Many people build a business and then try to build a life. You should build your life. You should know what you want to do. You should have your dreams and stuff. This guy’s business model is sweet.

This is why I ask you, what do you want to do. If there were no issues in your way like money, what do you want to do. The second part is for you to start doing that today. What so many people find out after they investigate a dream is that they don’t really want to do it. We tend to romanticize dreams.  You will never know what you want to do until you try it.

This is some food for thought.

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