all right everybody welcome to another YouTube hangar super excited to be here
YouTube hangar super excited to be here
YouTube hangar super excited to be here this is part two so I recently did an
this is part two so I recently did an
this is part two so I recently did an interview with Erica from Matthew juicy
interview with Erica from Matthew juicy
interview with Erica from Matthew juicy and she wanted to ask me about my top
and she wanted to ask me about my top
and she wanted to ask me about my top ten rules for success for millennial
ten rules for success for millennial
ten rules for success for millennial entrepreneurs who are starting off part
entrepreneurs who are starting off part
entrepreneurs who are starting off part time had it built a full time business
time had it built a full time business
time had it built a full time business and we got cut off my internet shut down
and we got cut off my internet shut down
and we got cut off my internet shut down after seven rules so Erica welcome back
after seven rules so Erica welcome back
after seven rules so Erica welcome back let’s do this again yes so what what we
let’s do this again yes so what what we
let’s do this again yes so what what we just talked quickly before we went live
just talked quickly before we went live
just talked quickly before we went live that I would recap with the first seven
that I would recap with the first seven
that I would recap with the first seven that we got through and then introduced
that we got through and then introduced
that we got through and then introduced three more so that that she had it she
three more so that that she had it she
three more so that that she had it she can do her full ten for her audience
can do her full ten for her audience
can do her full ten for her audience luckily I wrote down the first seven cuz
luckily I wrote down the first seven cuz
luckily I wrote down the first seven cuz otherwise normally for me is it uh and
otherwise normally for me is it uh and
otherwise normally for me is it uh and so we did this in collaboration with my
so we did this in collaboration with my
so we did this in collaboration with my live audience and what we came up with
live audience and what we came up with
live audience and what we came up with the first seven was number one follow
the first seven was number one follow
the first seven was number one follow your passion and this was mine this is
your passion and this was mine this is
your passion and this was mine this is one that I always believed on trees to
one that I always believed on trees to
one that I always believed on trees to follow follow your passion a lot of
follow follow your passion a lot of
follow follow your passion a lot of people do business just trying to make a
people do business just trying to make a
people do business just trying to make a lot of money and you see people on TV
lot of money and you see people on TV
lot of money and you see people on TV make a lot of money like wow that’s
make a lot of money like wow that’s
make a lot of money like wow that’s that’s what I want to do but the way to
that’s what I want to do but the way to
that’s what I want to do but the way to get there is that you have to do
get there is that you have to do
get there is that you have to do something that you love and the people
something that you love and the people
something that you love and the people who chase ideas just to make money never
who chase ideas just to make money never
who chase ideas just to make money never make it but the people who truly loved
make it but the people who truly loved
make it but the people who truly loved the work like you love what you’re doing
the work like you love what you’re doing
the work like you love what you’re doing that’s that’s that’s a secret to getting
that’s that’s that’s a secret to getting
that’s that’s that’s a secret to getting through number two is having an
through number two is having an
through number two is having an environment for greatness and so you
environment for greatness and so you
environment for greatness and so you know you look behind me and you see you
know you look behind me and you see you
know you look behind me and you see you know these great people that inspire me
know these great people that inspire me
know these great people that inspire me I’m a daily basis when I walk into my
I’m a daily basis when I walk into my
I’m a daily basis when I walk into my office and you know you may not have you
office and you know you may not have you
office and you know you may not have you look at the millennial entrepreneurs
look at the millennial entrepreneurs
look at the millennial entrepreneurs they may not have a lot of greatness
they may not have a lot of greatness
they may not have a lot of greatness from they have friends who are putting
from they have friends who are putting
from they have friends who are putting them down or family don’t believe in
them down or family don’t believe in
them down or family don’t believe in entrepreneurial ventures you need to
entrepreneurial ventures you need to
entrepreneurial ventures you need to start filling your head with resources
start filling your head with resources
start filling your head with resources with knowledge is information that
with knowledge is information that
with knowledge is information that helped you become that great person
helped you become that great person
helped you become that great person because if you don’t then you’re going
because if you don’t then you’re going
because if you don’t then you’re going to you’re going to look like your
to you’re going to look like your
to you’re going to look like your parents are going to look like your
parents are going to look like your
parents are going to look like your friends right you’re the product of the
friends right you’re the product of the
friends right you’re the product of the five closest people around you and so
five closest people around you and so
five closest people around you and so you know it may mean switching your
you know it may mean switching your
you know it may mean switching your friends a little bit but it could also
friends a little bit but it could also
friends a little bit but it could also mean just you know instead of playing
mean just you know instead of playing
mean just you know instead of playing pokemon go start watching
pokemon go start watching
pokemon go start watching interviews from successful entrepreneur
interviews from successful entrepreneur
interviews from successful entrepreneur start reading more books you know start
start reading more books you know start
start reading more books you know start in your downtime doing things that help
in your downtime doing things that help
in your downtime doing things that help you be that best version of yourself and
you be that best version of yourself and
you be that best version of yourself and so having down on a consistent basis can
so having down on a consistent basis can
so having down on a consistent basis can help you get to where you need to go
help you get to where you need to go
help you get to where you need to go number three what does it’s not about
number three what does it’s not about
number three what does it’s not about the resources about the resourcefulness
the resources about the resourcefulness
the resources about the resourcefulness a lot of entrepreneurs when they’re
a lot of entrepreneurs when they’re
a lot of entrepreneurs when they’re starting up especially complain well I
starting up especially complain well I
starting up especially complain well I don’t have the money to do that you know
don’t have the money to do that you know
don’t have the money to do that you know I didn’t I auto the right education my
I didn’t I auto the right education my
I didn’t I auto the right education my parents aren’t rich you know I didn’t go
parents aren’t rich you know I didn’t go
parents aren’t rich you know I didn’t go to the right school whatever the excuse
to the right school whatever the excuse
to the right school whatever the excuse is and if you look at some of the most
is and if you look at some of the most
is and if you look at some of the most successful entrepreneurs and people who
successful entrepreneurs and people who
successful entrepreneurs and people who you look up to where was on your list of
you look up to where was on your list of
you look up to where was on your list of your favorite entrepreneur in the world
your favorite entrepreneur in the world
your favorite entrepreneur in the world chances are they started with less than
chances are they started with less than
chances are they started with less than what you have already right now and the
what you have already right now and the
what you have already right now and the most successful entrepreneurs aren’t the
most successful entrepreneurs aren’t the
most successful entrepreneurs aren’t the ones who start off with a ton of money
ones who start off with a ton of money
ones who start off with a ton of money it’s the ones who find a way to make the
it’s the ones who find a way to make the
it’s the ones who find a way to make the one doll that they do have stretch
one doll that they do have stretch
one doll that they do have stretch thousand different ways and investor
thousand different ways and investor
thousand different ways and investor hustle and energy and ideas and
hustle and energy and ideas and
hustle and energy and ideas and creativity in the building something up
creativity in the building something up
creativity in the building something up and so stop stop blaming lack of
and so stop stop blaming lack of
and so stop stop blaming lack of resources because resources is not the
resources because resources is not the
resources because resources is not the thing that’s holding you back you need
thing that’s holding you back you need
thing that’s holding you back you need to be resourceful number four is making
to be resourceful number four is making
to be resourceful number four is making monies go providing value and so if you
monies go providing value and so if you
monies go providing value and so if you want to make money if x value and make
want to make money if x value and make
want to make money if x value and make money quickly have to provide value
money quickly have to provide value
money quickly have to provide value quickly it’s one of the fundamental
quickly it’s one of the fundamental
quickly it’s one of the fundamental rules of business probably you know the
rules of business probably you know the
rules of business probably you know the most fundamental want to guess whatever
most fundamental want to guess whatever
most fundamental want to guess whatever business you’re looking at starting look
business you’re looking at starting look
business you’re looking at starting look at how you can contribute to somebody
at how you can contribute to somebody
at how you can contribute to somebody else’s life how you can alleviate a
else’s life how you can alleviate a
else’s life how you can alleviate a problem for them how you can provide
problem for them how you can provide
problem for them how you can provide value to them the more you can do that
value to them the more you can do that
value to them the more you can do that the more that they recognize and
the more that they recognize and
the more that they recognize and appreciate that value the more they’re
appreciate that value the more they’re
appreciate that value the more they’re going to be willing to pay you for
going to be willing to pay you for
going to be willing to pay you for whatever you’re doing and so instead of
whatever you’re doing and so instead of
whatever you’re doing and so instead of just looking at how can I make a lot of
just looking at how can I make a lot of
just looking at how can I make a lot of money look at how can I help somebody in
money look at how can I help somebody in
money look at how can I help somebody in a really significant way and if they
a really significant way and if they
a really significant way and if they really appreciate that then that’s your
really appreciate that then that’s your
really appreciate that then that’s your step to starting to make money number
step to starting to make money number
step to starting to make money number five with smallest issue with the head
five with smallest issue with the head
five with smallest issue with the head big ones with the heart when your head
big ones with the heart when your head
big ones with the heart when your head in your heart or a line it’s easy that’s
in your heart or a line it’s easy that’s
in your heart or a line it’s easy that’s that’s the path that you want to go down
that’s the path that you want to go down
that’s the path that you want to go down the struggle becomes when the logical
the struggle becomes when the logical
the struggle becomes when the logical safe practical thing to do is on one
safe practical thing to do is on one
safe practical thing to do is on one side and then the risky you know not so
side and then the risky you know not so
side and then the risky you know not so certain path but that you really feel
certain path but that you really feel
certain path but that you really feel like you want to follow
like you want to follow
like you want to follow is the other way and the challenge is
is the other way and the challenge is
is the other way and the challenge is your head can only think of a world that
your head can only think of a world that
your head can only think of a world that currently exists where your heart you
currently exists where your heart you
currently exists where your heart you can create a world that doesn’t yet
can create a world that doesn’t yet
can create a world that doesn’t yet exist and so just making a list of pros
exist and so just making a list of pros
exist and so just making a list of pros and cons it’s not the way to make the
and cons it’s not the way to make the
and cons it’s not the way to make the big decisions in life you have to trust
big decisions in life you have to trust
big decisions in life you have to trust your heart and what you feel most
your heart and what you feel most
your heart and what you feel most passionate excited about just like if
passionate excited about just like if
passionate excited about just like if you’re thinking about you know marrying
you’re thinking about you know marrying
you’re thinking about you know marrying somebody you don’t just make a list and
somebody you don’t just make a list and
somebody you don’t just make a list and then decide based on that list okay they
then decide based on that list okay they
then decide based on that list okay they have more pros and cons I’m going to
have more pros and cons I’m going to
have more pros and cons I’m going to marry that person then we have a ton of
marry that person then we have a ton of
marry that person then we have a ton of cons but there’s something there that
cons but there’s something there that
cons but there’s something there that just attracts you to them and makes you
just attracts you to them and makes you
just attracts you to them and makes you a better person and so you have to go
a better person and so you have to go
a better person and so you have to go and test it a little bit more and so
and test it a little bit more and so
and test it a little bit more and so quite often your head in your heart or
quite often your head in your heart or
quite often your head in your heart or not aligned and the big decisions you
not aligned and the big decisions you
not aligned and the big decisions you want to meet with the heart and the
want to meet with the heart and the
want to meet with the heart and the smaller ones like okay I’ve made that
smaller ones like okay I’ve made that
smaller ones like okay I’ve made that decision now how do I do it what are the
decision now how do I do it what are the
decision now how do I do it what are the practical steps are going to accomplish
practical steps are going to accomplish
practical steps are going to accomplish it those are the ones you make with your
it those are the ones you make with your
it those are the ones you make with your head number six let’s build around your
head number six let’s build around your
head number six let’s build around your values and so the thing that helps
values and so the thing that helps
values and so the thing that helps separate you from everybody else is that
separate you from everybody else is that
separate you from everybody else is that you know you’re a unique person you have
you know you’re a unique person you have
you know you’re a unique person you have a set of values that are different
a set of values that are different
a set of values that are different people will buy from you because they
people will buy from you because they
people will buy from you because they like what you stand for as a human being
like what you stand for as a human being
like what you stand for as a human being and you have to draw the line somewhere
and you have to draw the line somewhere
and you have to draw the line somewhere as to what your business will or will
as to what your business will or will
as to what your business will or will not do and usually you know the devil
not do and usually you know the devil
not do and usually you know the devil comes with a bag of gold you know that
comes with a bag of gold you know that
comes with a bag of gold you know that there’s an opportunity to do something
there’s an opportunity to do something
there’s an opportunity to do something that will pay a lot of money but you
that will pay a lot of money but you
that will pay a lot of money but you don’t quite feel comfortable with what
don’t quite feel comfortable with what
don’t quite feel comfortable with what do you do and that’s where you want to
do you do and that’s where you want to
do you do and that’s where you want to stay true to your values the values and
stay true to your values the values and
stay true to your values the values and also become good marketing for you you
also become good marketing for you you
also become good marketing for you you know if you look at Whole Foods you
know if you look at Whole Foods you
know if you look at Whole Foods you assume that it’s healthy so people want
assume that it’s healthy so people want
assume that it’s healthy so people want to go in the whole foods and they’re not
to go in the whole foods and they’re not
to go in the whole foods and they’re not checking the labels anymore when they go
checking the labels anymore when they go
checking the labels anymore when they go in because it’s healthy foods when you
in because it’s healthy foods when you
in because it’s healthy foods when you wine from the honest company it’s
wine from the honest company it’s
wine from the honest company it’s honestly produced so you’re not as
honestly produced so you’re not as
honestly produced so you’re not as worried about and people will pay more
worried about and people will pay more
worried about and people will pay more when they know the business is based on
when they know the business is based on
when they know the business is based on a real set of value so understanding
a real set of value so understanding
a real set of value so understanding what your business is all about what
what your business is all about what
what your business is all about what your poor values are as a human being
your poor values are as a human being
your poor values are as a human being and then bringing that to your business
and then bringing that to your business
and then bringing that to your business will help you make important decisions
will help you make important decisions
will help you make important decisions and also bring on the right customers
and also bring on the right customers
and also bring on the right customers for you the right employees for you as
for you the right employees for you as
for you the right employees for you as you continue building this is like a
you continue building this is like a
you continue building this is like a part-time thing to start but
part-time thing to start but
part-time thing to start but you want to have an eye towards the
you want to have an eye towards the
you want to have an eye towards the future for something bigger and the
future for something bigger and the
future for something bigger and the number seven where we ended was that the
number seven where we ended was that the
number seven where we ended was that the suggestion was taken more showers and I
suggestion was taken more showers and I
suggestion was taken more showers and I converted that to allow for creativity
converted that to allow for creativity
converted that to allow for creativity we’re really uh a lot of times we’re so
we’re really uh a lot of times we’re so
we’re really uh a lot of times we’re so caught up in the day-to-day in the grind
caught up in the day-to-day in the grind
caught up in the day-to-day in the grind in the just especially someone who’s
in the just especially someone who’s
in the just especially someone who’s doing a part time they’re in school they
doing a part time they’re in school they
doing a part time they’re in school they have part-time job they’re all stressed
have part-time job they’re all stressed
have part-time job they’re all stressed out their business on the side the doing
out their business on the side the doing
out their business on the side the doing a million things at once when you’re so
a million things at once when you’re so
a million things at once when you’re so busy and structured it can also mean
busy and structured it can also mean
busy and structured it can also mean that you don’t come up with anything new
that you don’t come up with anything new
that you don’t come up with anything new exciting creative and different and so
exciting creative and different and so
exciting creative and different and so you need to make sure that you allow
you need to make sure that you allow
you need to make sure that you allow time for creativity I get you know a lot
time for creativity I get you know a lot
time for creativity I get you know a lot of my best ideas in the showers or on
of my best ideas in the showers or on
of my best ideas in the showers or on vacation or while camping or taking long
vacation or while camping or taking long
vacation or while camping or taking long drives right so making sure that you
drives right so making sure that you
drives right so making sure that you have that time because often your best
have that time because often your best
have that time because often your best ideas that’s when they’re going to come
ideas that’s when they’re going to come
ideas that’s when they’re going to come when you’re doing something relatively
when you’re doing something relatively
when you’re doing something relatively relaxing but also kind of active so like
relaxing but also kind of active so like
relaxing but also kind of active so like you’re in a shower you know you’re
you’re in a shower you know you’re
you’re in a shower you know you’re you’re relaxing at the warm water but
you’re relaxing at the warm water but
you’re relaxing at the warm water but you’re also you know moving a little bit
you’re also you know moving a little bit
you’re also you know moving a little bit so don’t planning your life so it’s so
so don’t planning your life so it’s so
so don’t planning your life so it’s so structured that you don’t have love you
structured that you don’t have love you
structured that you don’t have love you don’t allow yourself the time for
don’t allow yourself the time for
don’t allow yourself the time for creativity so those were the seven that
creativity so those were the seven that
creativity so those were the seven that we started with a quick recap for those
we started with a quick recap for those
we started with a quick recap for those who uh who you know may have not have
who uh who you know may have not have
who uh who you know may have not have seen the first one now I’ll add three
seen the first one now I’ll add three
seen the first one now I’ll add three more looking around at the ten number
more looking around at the ten number
more looking around at the ten number eight would be for me don’t spend money
eight would be for me don’t spend money
eight would be for me don’t spend money until you’re making it a lot of people
until you’re making it a lot of people
until you’re making it a lot of people feel like you have to make money to you
feel like you have to make money to you
feel like you have to make money to you have to spend money to make money and
have to spend money to make money and
have to spend money to make money and that can be further from the truth where
that can be further from the truth where
that can be further from the truth where I hate spending money until I’m making
I hate spending money until I’m making
I hate spending money until I’m making money you know like especially as a
money you know like especially as a
money you know like especially as a student in so many part-time doesn’t
student in so many part-time doesn’t
student in so many part-time doesn’t have a lot of money to then go and say
have a lot of money to then go and say
have a lot of money to then go and say well I want to start a t-shirt company
well I want to start a t-shirt company
well I want to start a t-shirt company and in order to get the price discounts
and in order to get the price discounts
and in order to get the price discounts i need i need to buy 5,000 t-shirts and
i need i need to buy 5,000 t-shirts and
i need i need to buy 5,000 t-shirts and it’s going to cost me ten bucks assured
it’s going to cost me ten bucks assured
it’s going to cost me ten bucks assured and that’s 50 grand then maybe you
and that’s 50 grand then maybe you
and that’s 50 grand then maybe you borrow that from your parents or you
borrow that from your parents or you
borrow that from your parents or you know take out a huge loan or you know
know take out a huge loan or you know
know take out a huge loan or you know whatever it is like that is not the best
whatever it is like that is not the best
whatever it is like that is not the best way to build a business because a lot of
way to build a business because a lot of
way to build a business because a lot of people then buy those 5,000 shirts and
people then buy those 5,000 shirts and
people then buy those 5,000 shirts and then it sits in their mom’s basement
then it sits in their mom’s basement
then it sits in their mom’s basement because they’ve sold three of them and
because they’ve sold three of them and
because they’ve sold three of them and the rest are just sitting there losing
the rest are just sitting there losing
the rest are just sitting there losing money where it’s much better to invest
money where it’s much better to invest
money where it’s much better to invest your heart
your heart
your heart your house of energy into finding a way
your house of energy into finding a way
your house of energy into finding a way to add value to start making money
to add value to start making money
to add value to start making money before you start spending so he’s an
before you start spending so he’s an
before you start spending so he’s an even an example like I still do this
even an example like I still do this
even an example like I still do this today when I started my youtube channel
today when I started my youtube channel
today when I started my youtube channel I already had a successful business and
I already had a successful business and
I already had a successful business and I wanted to get into YouTube and I did
I wanted to get into YouTube and I did
I wanted to get into YouTube and I did go out and buy the gear and the lights
go out and buy the gear and the lights
go out and buy the gear and the lights and the microphone in the camera and the
and the microphone in the camera and the
and the microphone in the camera and the tripod and the green screen and all that
tripod and the green screen and all that
tripod and the green screen and all that stuff because I didn’t know if I would
stuff because I didn’t know if I would
stuff because I didn’t know if I would stick with it because they know if it
stick with it because they know if it
stick with it because they know if it would work and a lot of people do that
would work and a lot of people do that
would work and a lot of people do that if you i am going to be a youtuber and
if you i am going to be a youtuber and
if you i am going to be a youtuber and Zekk okay to do this I need to get the
Zekk okay to do this I need to get the
Zekk okay to do this I need to get the newest camera and tripod and all this
newest camera and tripod and all this
newest camera and tripod and all this stuff and suddenly there eight thousand
stuff and suddenly there eight thousand
stuff and suddenly there eight thousand dollars in the hole and you do two
dollars in the hole and you do two
dollars in the hole and you do two videos is it guy you know I don’t really
videos is it guy you know I don’t really
videos is it guy you know I don’t really like this and you’re stuck with all this
like this and you’re stuck with all this
like this and you’re stuck with all this gear that you can maybe sell but the
gear that you can maybe sell but the
gear that you can maybe sell but the auto reduced price and so I’d much
auto reduced price and so I’d much
auto reduced price and so I’d much rather bootstrap my way find a way to
rather bootstrap my way find a way to
rather bootstrap my way find a way to make it work find a way to add value and
make it work find a way to add value and
make it work find a way to add value and then invest money back into the business
then invest money back into the business
then invest money back into the business as I’m growing so whatever your big idea
as I’m growing so whatever your big idea
as I’m growing so whatever your big idea is find a small way to get started find
is find a small way to get started find
is find a small way to get started find a way to put something out there that
a way to put something out there that
a way to put something out there that doesn’t have to cost you money that you
doesn’t have to cost you money that you
doesn’t have to cost you money that you can use like if you’re doing t-shirts
can use like if you’re doing t-shirts
can use like if you’re doing t-shirts you don’t have to go and print t-shirts
you don’t have to go and print t-shirts
you don’t have to go and print t-shirts yourself and use a print on demand
yourself and use a print on demand
yourself and use a print on demand service where they print them one by one
service where they print them one by one
service where they print them one by one for you and yes you lose like you’ll
for you and yes you lose like you’ll
for you and yes you lose like you’ll lose profit compared to doing it but
lose profit compared to doing it but
lose profit compared to doing it but doing yourself and bind 5,000 t-shirts
doing yourself and bind 5,000 t-shirts
doing yourself and bind 5,000 t-shirts but it helps you build momentum it helps
but it helps you build momentum it helps
but it helps you build momentum it helps bring some money in and there’s no risk
bring some money in and there’s no risk
bring some money in and there’s no risk for you of money going out at the start
for you of money going out at the start
for you of money going out at the start and you’re making the wrong bet and when
and you’re making the wrong bet and when
and you’re making the wrong bet and when when you start getting some results then
when you start getting some results then
when you start getting some results then you can ramp it up you can you know if
you can ramp it up you can you know if
you can ramp it up you can you know if you’re making that t-shirt as an example
you’re making that t-shirt as an example
you’re making that t-shirt as an example and you’re making only two dolls a shirt
and you’re making only two dolls a shirt
and you’re making only two dolls a shirt because you’re using some third party
because you’re using some third party
because you’re using some third party service when you see that it’s working
service when you see that it’s working
service when you see that it’s working you’re building an audience up and you
you’re building an audience up and you
you’re building an audience up and you know what kind of designs are working
know what kind of designs are working
know what kind of designs are working you’re making some money then you could
you’re making some money then you could
you’re making some money then you could invest that into making your own line
invest that into making your own line
invest that into making your own line and bringing it in house but find the
and bringing it in house but find the
and bringing it in house but find the smallest way to get started and a lot of
smallest way to get started and a lot of
smallest way to get started and a lot of people use that as a reason for not
people use that as a reason for not
people use that as a reason for not getting started off as if you they don’t
getting started off as if you they don’t
getting started off as if you they don’t have the money to get started the money
have the money to get started the money
have the money to get started the money won’t save you you’ve got a you’ve got
won’t save you you’ve got a you’ve got
won’t save you you’ve got a you’ve got to get started invest your hustle time
to get started invest your hustle time
to get started invest your hustle time and energy because what I hate seeing is
and energy because what I hate seeing is
and energy because what I hate seeing is people go out and taking a huge loan and
people go out and taking a huge loan and
people go out and taking a huge loan and you know they’re in debt for the rest of
you know they’re in debt for the rest of
you know they’re in debt for the rest of their lives because they made the wrong
their lives because they made the wrong
their lives because they made the wrong decision at the start or they or oh my
decision at the start or they or oh my
decision at the start or they or oh my the parents and they can never pay it
the parents and they can never pay it
the parents and they can never pay it back and is this constant fight because
back and is this constant fight because
back and is this constant fight because you know they took this huge bet so make
you know they took this huge bet so make
you know they took this huge bet so make smaller bats and make them more
smaller bats and make them more
smaller bats and make them more consistent okay makes sense um number
consistent okay makes sense um number
consistent okay makes sense um number nine evolve your business with you so
nine evolve your business with you so
nine evolve your business with you so especially carving your younger years
especially carving your younger years
especially carving your younger years there’s a lot of there’s a lot of
there’s a lot of there’s a lot of
there’s a lot of there’s a lot of changes that happen there’s a lot of you
changes that happen there’s a lot of you
changes that happen there’s a lot of you know as you grow when you learn and you
know as you grow when you learn and you
know as you grow when you learn and you take on new experiences and you travel
take on new experiences and you travel
take on new experiences and you travel you change the human being and where a
you change the human being and where a
you change the human being and where a lot of entrepreneurs get stock is they
lot of entrepreneurs get stock is they
lot of entrepreneurs get stock is they start a business and they may get some
start a business and they may get some
start a business and they may get some results to make it a little bit of
results to make it a little bit of
results to make it a little bit of success but then they find that they
success but then they find that they
success but then they find that they grow tired of the business they’re not
grow tired of the business they’re not
grow tired of the business they’re not anymore it’s back to the first one to
anymore it’s back to the first one to
anymore it’s back to the first one to following your passion like did you
following your passion like did you
following your passion like did you start it for the right reasons in the
start it for the right reasons in the
start it for the right reasons in the first place you’ll number one but also x
first place you’ll number one but also x
first place you’ll number one but also x times people will will just lose
times people will will just lose
times people will will just lose interest in their business they’re
interest in their business they’re
interest in their business they’re tighter than the same thing day in and
tighter than the same thing day in and
tighter than the same thing day in and day out and day in and day out and they
day out and day in and day out and they
day out and day in and day out and they started their business to not have to go
started their business to not have to go
started their business to not have to go get a job to not have to work for the
get a job to not have to work for the
get a job to not have to work for the main to not have to be in a huge
main to not have to be in a huge
main to not have to be in a huge corporate job and what they’ve done is
corporate job and what they’ve done is
corporate job and what they’ve done is now built themselves a job that they
now built themselves a job that they
now built themselves a job that they don’t like going to and they hate and so
don’t like going to and they hate and so
don’t like going to and they hate and so what can make you successful in the
what can make you successful in the
what can make you successful in the early days can be the anchor that
early days can be the anchor that
early days can be the anchor that prevents you from moving forward because
prevents you from moving forward because
prevents you from moving forward because you’re doing the same thing over and
you’re doing the same thing over and
you’re doing the same thing over and over and over again you grow bored of it
over and over again you grow bored of it
over and over again you grow bored of it so the key to success there is as you
so the key to success there is as you
so the key to success there is as you change and evolve and grow as a human
change and evolve and grow as a human
change and evolve and grow as a human being you need to bring that to your
being you need to bring that to your
being you need to bring that to your business your business should always be
business your business should always be
business your business should always be a reflection of what you are interested
a reflection of what you are interested
a reflection of what you are interested in and so you want to always bring you
in and so you want to always bring you
in and so you want to always bring you new creative ideas you want to always be
new creative ideas you want to always be
new creative ideas you want to always be testing out new things if you look at my
testing out new things if you look at my
testing out new things if you look at my youtube channel the videos that i
youtube channel the videos that i
youtube channel the videos that i started with and not the same videos
started with and not the same videos
started with and not the same videos that i have up now on my channel you
that i have up now on my channel you
that i have up now on my channel you know my interests have changed what i
know my interests have changed what i
know my interests have changed what i want to do is change and so I brought
want to do is change and so I brought
want to do is change and so I brought that to my business constantly
that to my business constantly
that to my business constantly experimenting and that brings me
experimenting and that brings me
experimenting and that brings me satisfaction and joy where a lot of
satisfaction and joy where a lot of
satisfaction and joy where a lot of people lose interest after six months or
people lose interest after six months or
people lose interest after six months or a year or two years because they’ve
a year or two years because they’ve
a year or two years because they’ve stopped injecting new things they
stopped injecting new things they
stopped injecting new things they haven’t evolved their business as it
haven’t evolved their business as it
haven’t evolved their business as it evolved as a human being and then number
evolved as a human being and then number
evolved as a human being and then number ten the last one for me is modeling
ten the last one for me is modeling
ten the last one for me is modeling success where this is what really saved
success where this is what really saved
success where this is what really saved my company nearly years was 19 years old
my company nearly years was 19 years old
my company nearly years was 19 years old had my first business I was struggling
had my first business I was struggling
had my first business I was struggling those becca three hundred dollars a
those becca three hundred dollars a
those becca three hundred dollars a month you know not
month you know not
month you know not would survive and uh I thought I had to
would survive and uh I thought I had to
would survive and uh I thought I had to come up with every idea myself and what
come up with every idea myself and what
come up with every idea myself and what I realized was I’m not the first guy to
I realized was I’m not the first guy to
I realized was I’m not the first guy to try to do this before and I looked at
try to do this before and I looked at
try to do this before and I looked at Bill Gates and how he started his
Bill Gates and how he started his
Bill Gates and how he started his business microsoft and how we went from
business microsoft and how we went from
business microsoft and how we went from zero to one I don’t care how Bill Gates
zero to one I don’t care how Bill Gates
zero to one I don’t care how Bill Gates makes an extra million or billion
makes an extra million or billion
makes an extra million or billion dollars now like zero to one that’s what
dollars now like zero to one that’s what
dollars now like zero to one that’s what I wanted to do how can I learn from that
I wanted to do how can I learn from that
I wanted to do how can I learn from that and through him was with partnerships he
and through him was with partnerships he
and through him was with partnerships he found partnerships to ally with himself
found partnerships to ally with himself
found partnerships to ally with himself with and helped him build Microsoft up
with and helped him build Microsoft up
with and helped him build Microsoft up and that helped save my business I
and that helped save my business I
and that helped save my business I formed my first partnership I brought in
formed my first partnership I brought in
formed my first partnership I brought in 13 half thousand dollars which doesn’t
13 half thousand dollars which doesn’t
13 half thousand dollars which doesn’t sound like a lot of money but to me that
sound like a lot of money but to me that
sound like a lot of money but to me that was like jackpot and I’ve used that
was like jackpot and I’ve used that
was like jackpot and I’ve used that strategy ever since where I almost quit
strategy ever since where I almost quit
strategy ever since where I almost quit that business where I told my business
that business where I told my business
that business where I told my business partner that I quit that like I’m tired
partner that I quit that like I’m tired
partner that I quit that like I’m tired of not getting any results I’m tired of
of not getting any results I’m tired of
of not getting any results I’m tired of feeling like I’m not contributing value
feeling like I’m not contributing value
feeling like I’m not contributing value here I’m out I went from that moment to
here I’m out I went from that moment to
here I’m out I went from that moment to finding finally a way through i was just
finding finally a way through i was just
finding finally a way through i was just a whole bunch of pent up frustration
a whole bunch of pent up frustration
a whole bunch of pent up frustration without without getting any results and
without without getting any results and
without without getting any results and so understanding that whatever your goal
so understanding that whatever your goal
so understanding that whatever your goal is whatever you want to accomplish
is whatever you want to accomplish
is whatever you want to accomplish somebody’s already done it somebody has
somebody’s already done it somebody has
somebody’s already done it somebody has already done what you want to do mean
already done what you want to do mean
already done what you want to do mean I’ve done exactly the same way you want
I’ve done exactly the same way you want
I’ve done exactly the same way you want to do it but there’s lessons that you
to do it but there’s lessons that you
to do it but there’s lessons that you can learn of the people who have gone
can learn of the people who have gone
can learn of the people who have gone before you and so I would look at two
before you and so I would look at two
before you and so I would look at two things one people who you look up to in
things one people who you look up to in
things one people who you look up to in your industry so if you want to be you
your industry so if you want to be you
your industry so if you want to be you know a clothing entrepreneur go look at
know a clothing entrepreneur go look at
know a clothing entrepreneur go look at people who started clothing lines and
people who started clothing lines and
people who started clothing lines and see what they’ve done how did they get
see what they’ve done how did they get
see what they’ve done how did they get started look at calvin klein look at
started look at calvin klein look at
started look at calvin klein look at Russell Simmons look at the people
Russell Simmons look at the people
Russell Simmons look at the people who’ve done and look at Vera Wang right
who’ve done and look at Vera Wang right
who’ve done and look at Vera Wang right all these people have done it already
all these people have done it already
all these people have done it already they may not be exactly what you want to
they may not be exactly what you want to
they may not be exactly what you want to do if you want to do you know urban
do if you want to do you know urban
do if you want to do you know urban street where you can still learn from
street where you can still learn from
street where you can still learn from Vera Wang and how she started her
Vera Wang and how she started her
Vera Wang and how she started her business the second part is though it
business the second part is though it
business the second part is though it also look at these are aspirational
also look at these are aspirational
also look at these are aspirational mentors I look at people who are not in
mentors I look at people who are not in
mentors I look at people who are not in your industry people who just look up to
your industry people who just look up to
your industry people who just look up to just people who you’re a fan of you know
just people who you’re a fan of you know
just people who you’re a fan of you know maybe want to be a clothing entrepreneur
maybe want to be a clothing entrepreneur
maybe want to be a clothing entrepreneur but you love Oprah Winfrey like Oprah
but you love Oprah Winfrey like Oprah
but you love Oprah Winfrey like Oprah Winfrey her message her story just you
Winfrey her message her story just you
Winfrey her message her story just you love her right well how did she get
love her right well how did she get
love her right well how did she get started learn from her success like just
started learn from her success like just
started learn from her success like just because you
because you
because you in a different business it doesn’t mean
in a different business it doesn’t mean
in a different business it doesn’t mean that you can’t learn from somebody else
that you can’t learn from somebody else
that you can’t learn from somebody else so now I can learn from all these people
so now I can learn from all these people
so now I can learn from all these people nobody’s in the business here that I’m
nobody’s in the business here that I’m
nobody’s in the business here that I’m in but I’ve learned from them and
in but I’ve learned from them and
in but I’ve learned from them and applied it to my company and so modeling
applied it to my company and so modeling
applied it to my company and so modeling success and probably the biggest mistake
success and probably the biggest mistake
success and probably the biggest mistake I made as a young entrepreneur was
I made as a young entrepreneur was
I made as a young entrepreneur was trying to figure out everything myself
trying to figure out everything myself
trying to figure out everything myself where when I flipped a switch and
where when I flipped a switch and
where when I flipped a switch and realized I’m not the first guy to try to
realized I’m not the first guy to try to
realized I’m not the first guy to try to sell soft before this stuff has already
sell soft before this stuff has already
sell soft before this stuff has already been done I just need to study their
been done I just need to study their
been done I just need to study their stories study the clues and apply it to
stories study the clues and apply it to
stories study the clues and apply it to my business with a little kind of tweak
my business with a little kind of tweak
my business with a little kind of tweak that’s when I start to see success so
that’s when I start to see success so
that’s when I start to see success so that’s it those are my 10 not really as
that’s it those are my 10 not really as
that’s it those are my 10 not really as well as well I do have one question
well as well I do have one question
well as well I do have one question though what is the most common mistakes
though what is the most common mistakes
though what is the most common mistakes that should see a young entrepreneur do
that should see a young entrepreneur do
that should see a young entrepreneur do when they sign a business part-time uh I
when they sign a business part-time uh I
when they sign a business part-time uh I think is a combination of a lot of these
think is a combination of a lot of these
think is a combination of a lot of these rules just like the opposite right like
rules just like the opposite right like
rules just like the opposite right like don’t they’re not following their
don’t they’re not following their
don’t they’re not following their passion um maybe one that that i would
passion um maybe one that that i would
passion um maybe one that that i would add that’s not in the top 10 here would
add that’s not in the top 10 here would
add that’s not in the top 10 here would be just patience it just takes longer
be just patience it just takes longer
be just patience it just takes longer than you think it’s going to take like
than you think it’s going to take like
than you think it’s going to take like it’s a grind it’s a hustle it takes it
it’s a grind it’s a hustle it takes it
it’s a grind it’s a hustle it takes it takes a long time so if you’re making a
takes a long time so if you’re making a
takes a long time so if you’re making a business plan you know you have your
business plan you know you have your
business plan you know you have your best case in worst case scenario it’s
best case in worst case scenario it’s
best case in worst case scenario it’s always worse than your worst case
always worse than your worst case
always worse than your worst case scenario it just takes longer and this
scenario it just takes longer and this
scenario it just takes longer and this was a real struggle for me because
was a real struggle for me because
was a real struggle for me because anything i applied myself to when i was
anything i applied myself to when i was
anything i applied myself to when i was in school i would do well at right if i
in school i would do well at right if i
in school i would do well at right if i apply myself to my studies I would get
apply myself to my studies I would get
apply myself to my studies I would get good grades if I applied myself to
good grades if I applied myself to
good grades if I applied myself to athletics i would i would run faster i
athletics i would i would run faster i
athletics i would i would run faster i would score more buckets you know when i
would score more buckets you know when i
would score more buckets you know when i put in the work i would do I would get
put in the work i would do I would get
put in the work i would do I would get pretty quick results with
pretty quick results with
pretty quick results with entrepreneurship I was hustling i was
entrepreneurship I was hustling i was
entrepreneurship I was hustling i was working every day i was showing up at my
working every day i was showing up at my
working every day i was showing up at my business partners condo i was working
business partners condo i was working
business partners condo i was working from his dining room table because as
from his dining room table because as
from his dining room table because as you know home office was too small every
you know home office was too small every
you know home office was too small every day I would show up and I would just
day I would show up and I would just
day I would show up and I would just like eat live breathe this business and
like eat live breathe this business and
like eat live breathe this business and it wasn’t getting results and I don’t
it wasn’t getting results and I don’t
it wasn’t getting results and I don’t think people talk enough about how hard
think people talk enough about how hard
think people talk enough about how hard it is to get going and people don’t
it is to get going and people don’t
it is to get going and people don’t share about the pain and suffering that
share about the pain and suffering that
share about the pain and suffering that they go through because then you look
they go through because then you look
they go through because then you look online about the neck
online about the neck
online about the neck youtube entrepreneur millionaire or
youtube entrepreneur millionaire or
youtube entrepreneur millionaire or young super success star and and you
young super success star and and you
young super success star and and you think men why why like everybody’s
think men why why like everybody’s
think men why why like everybody’s having on success why am I the only ones
having on success why am I the only ones
having on success why am I the only ones sucking where most people suck at the
sucking where most people suck at the
sucking where most people suck at the start that’s part of the game so giving
start that’s part of the game so giving
start that’s part of the game so giving yourself uh you know permission to Sakai
yourself uh you know permission to Sakai
yourself uh you know permission to Sakai gas and understanding is going to take
gas and understanding is going to take
gas and understanding is going to take time to build up having a little more
time to build up having a little more
time to build up having a little more patience and that’s why the passion is
patience and that’s why the passion is
patience and that’s why the passion is so important like tying back in the rule
so important like tying back in the rule
so important like tying back in the rule number one because if you’re only
number one because if you’re only
number one because if you’re only attached to the outcome you won’t
attached to the outcome you won’t
attached to the outcome you won’t achieve success you have to enjoy the
achieve success you have to enjoy the
achieve success you have to enjoy the process like the grind the hustle the
process like the grind the hustle the
process like the grind the hustle the work has to be something that you enjoy
work has to be something that you enjoy
work has to be something that you enjoy doing because if you don’t you just
doing because if you don’t you just
doing because if you don’t you just you’re gonna quit it’s just too hard so
you’re gonna quit it’s just too hard so
you’re gonna quit it’s just too hard so that hard work that other people look at
that hard work that other people look at
that hard work that other people look at and say that’s insane i’m never going to
and say that’s insane i’m never going to
and say that’s insane i’m never going to do that you would do it because you
do that you would do it because you
do that you would do it because you don’t see it as crazy work you enjoy
don’t see it as crazy work you enjoy
don’t see it as crazy work you enjoy that process you know I’ve made three
that process you know I’ve made three
that process you know I’ve made three thousand videos plus on my youtube
thousand videos plus on my youtube
thousand videos plus on my youtube channel not only more public but three
channel not only more public but three
channel not only more public but three thousand videos like that’s a lot of
thousand videos like that’s a lot of
thousand videos like that’s a lot of work but I love making YouTube videos
work but I love making YouTube videos
work but I love making YouTube videos right like this right here we’re making
right like this right here we’re making
right like this right here we’re making other video this doesn’t feel like work
other video this doesn’t feel like work
other video this doesn’t feel like work for me I enjoy it I enjoy this process
for me I enjoy it I enjoy this process
for me I enjoy it I enjoy this process and so that’s what you need to find the
and so that’s what you need to find the
and so that’s what you need to find the thing that you would do even if you
thing that you would do even if you
thing that you would do even if you weren’t getting paid for it because
weren’t getting paid for it because
weren’t getting paid for it because you’re not going to get paid for for a
you’re not going to get paid for for a
you’re not going to get paid for for a long time you got to have the patience
long time you got to have the patience
long time you got to have the patience that keep going through and I think a
that keep going through and I think a
that keep going through and I think a lot of entrepreneurs just quit too early
lot of entrepreneurs just quit too early
lot of entrepreneurs just quit too early like they start it up and six months
like they start it up and six months
like they start it up and six months later hasn’t gotten them any money so
later hasn’t gotten them any money so
later hasn’t gotten them any money so like okay I’m at you know that didn’t
like okay I’m at you know that didn’t
like okay I’m at you know that didn’t work it’s not that it didn’t work you
work it’s not that it didn’t work you
work it’s not that it didn’t work you just didn’t give it enough time or
just didn’t give it enough time or
just didn’t give it enough time or invest enough heart and hustle into it
invest enough heart and hustle into it
invest enough heart and hustle into it to make it work hey it’s a great party
to make it work hey it’s a great party
to make it work hey it’s a great party because I should say and nowadays reham
because I should say and nowadays reham
because I should say and nowadays reham the society settles a dream that it’s
the society settles a dream that it’s
the society settles a dream that it’s from one date or not to the next one you
from one date or not to the next one you
from one date or not to the next one you become a success so it’s great that
become a success so it’s great that
become a success so it’s great that you’re saying that because none of
you’re saying that because none of
you’re saying that because none of people knows about that how long it
people knows about that how long it
people knows about that how long it takes to become successful yes yeah and
takes to become successful yes yeah and
takes to become successful yes yeah and there’s no like and I get that I get
there’s no like and I get that I get
there’s no like and I get that I get asked that a lot to like how long does
asked that a lot to like how long does
asked that a lot to like how long does it take there’s no rule this is no like
it take there’s no rule this is no like
it take there’s no rule this is no like hey after two years will be successful
hey after two years will be successful
hey after two years will be successful but even like if that’s if you’re asking
but even like if that’s if you’re asking
but even like if that’s if you’re asking that question then you might be in the
that question then you might be in the
that question then you might be in the wrong business right like if you’re
wrong business right like if you’re
wrong business right like if you’re asking that question like oh
asking that question like oh
asking that question like oh okay one year I’ll be successful and if
okay one year I’ll be successful and if
okay one year I’ll be successful and if you don’t hit that mark then you’re
you don’t hit that mark then you’re
you don’t hit that mark then you’re going to quit then you’re probably in
going to quit then you’re probably in
going to quit then you’re probably in the wrong business a certain way but if
the wrong business a certain way but if
the wrong business a certain way but if you want to be a singer and you haven’t
you want to be a singer and you haven’t
you want to be a singer and you haven’t made it after a year do you love singing
made it after a year do you love singing
made it after a year do you love singing like if it’s inside you and stuff that
like if it’s inside you and stuff that
like if it’s inside you and stuff that you have to do then you have to keep
you have to do then you have to keep
you have to do then you have to keep going you just find the way to keep
going you just find the way to keep
going you just find the way to keep going if it takes you 10 years or 20
going if it takes you 10 years or 20
going if it takes you 10 years or 20 years to get going and so don’t have an
years to get going and so don’t have an
years to get going and so don’t have an end line it’s just constant work it’s
end line it’s just constant work it’s
end line it’s just constant work it’s it’s work that you love doing and that’s
it’s work that you love doing and that’s
it’s work that you love doing and that’s a consistent message like look across
a consistent message like look across
a consistent message like look across successful entrepreneurs successful
successful entrepreneurs successful
successful entrepreneurs successful musician successful innovators
musician successful innovators
musician successful innovators successful politicians you know in any
successful politicians you know in any
successful politicians you know in any industry the people at the top of their
industry the people at the top of their
industry the people at the top of their field they love what they did and it
field they love what they did and it
field they love what they did and it just kept going through it even if they
just kept going through it even if they
just kept going through it even if they weren’t having initial success uh-huh
weren’t having initial success uh-huh
weren’t having initial success uh-huh that this Rishi Cup TV in the live
that this Rishi Cup TV in the live
that this Rishi Cup TV in the live viewers bringing up first which is a
viewers bringing up first which is a
viewers bringing up first which is a good point Matt juicy so madly juices so
good point Matt juicy so madly juices so
good point Matt juicy so madly juices so she’s like we have to say but also just
she’s like we have to say but also just
she’s like we have to say but also just talking about service-based businesses
talking about service-based businesses
talking about service-based businesses being easier to bring cash flow than
being easier to bring cash flow than
being easier to bring cash flow than products which I always recommend it to
products which I always recommend it to
products which I always recommend it to start to and it’s good for millennial
start to and it’s good for millennial
start to and it’s good for millennial entrepreneurs just getting started off
entrepreneurs just getting started off
entrepreneurs just getting started off it’s way easier to bring in money and
it’s way easier to bring in money and
it’s way easier to bring in money and make money doing a service then selling
make money doing a service then selling
make money doing a service then selling a product a lot of times your product
a product a lot of times your product
a product a lot of times your product doesn’t hit a lot of time your product
doesn’t hit a lot of time your product
doesn’t hit a lot of time your product costs a lot of money to get going or if
costs a lot of money to get going or if
costs a lot of money to get going or if you consider service you just you’re
you consider service you just you’re
you consider service you just you’re treating your time for money it’s harder
treating your time for money it’s harder
treating your time for money it’s harder to scale it’s harder to build something
to scale it’s harder to build something
to scale it’s harder to build something much bigger based off a service but it
much bigger based off a service but it
much bigger based off a service but it gets you close to a customer and brings
gets you close to a customer and brings
gets you close to a customer and brings in cash flow faster so ideal you can
in cash flow faster so ideal you can
in cash flow faster so ideal you can sort a service-based business and then
sort a service-based business and then
sort a service-based business and then transition to a product what you have
transition to a product what you have
transition to a product what you have actual coming in and you’re close to
actual coming in and you’re close to
actual coming in and you’re close to your customers okay excellence I feel
your customers okay excellence I feel
your customers okay excellence I feel that one one of the things that can be
that one one of the things that can be
that one one of the things that can be hard for millions is pricing but I know
hard for millions is pricing but I know
hard for millions is pricing but I know we already talked about it but it’s just
we already talked about it but it’s just
we already talked about it but it’s just you know at the beginning when you
you know at the beginning when you
you know at the beginning when you launch in your business some are afraid
launch in your business some are afraid
launch in your business some are afraid to put the right purse you know pricing
to put the right purse you know pricing
to put the right purse you know pricing that would help them leave basically you
that would help them leave basically you
that would help them leave basically you know
know
know so like folks for services like that
so like folks for services like that
so like folks for services like that when you you gnashing a business well
when you you gnashing a business well
when you you gnashing a business well would be a recommendation sure and
would be a recommendation sure and
would be a recommendation sure and pricing is not just an issue for
pricing is not just an issue for
pricing is not just an issue for millennial entrepreneurs it’s for all
millennial entrepreneurs it’s for all
millennial entrepreneurs it’s for all entrepreneurs um I think in general
entrepreneurs um I think in general
entrepreneurs um I think in general entrepreneurs underpriced themselves
entrepreneurs underpriced themselves
entrepreneurs underpriced themselves they don’t get the price that they want
they don’t get the price that they want
they don’t get the price that they want because they don’t believe that they
because they don’t believe that they
because they don’t believe that they deserve that price I am absolutely end
deserve that price I am absolutely end
deserve that price I am absolutely end up on the pricing themselves too much
up on the pricing themselves too much
up on the pricing themselves too much this number ways to do it you know for
this number ways to do it you know for
this number ways to do it you know for just research point of view you can look
just research point of view you can look
just research point of view you can look at what you can put it as a charging
at what you can put it as a charging
at what you can put it as a charging just to get a sense of what’s going on
just to get a sense of what’s going on
just to get a sense of what’s going on in the market I hate basing up my
in the market I hate basing up my
in the market I hate basing up my pricing based off what my competitors
pricing based off what my competitors
pricing based off what my competitors doing though but just so you have kind
doing though but just so you have kind
doing though but just so you have kind of a baseline for what’s going on
of a baseline for what’s going on
of a baseline for what’s going on there’s standard like cost plus so cost
there’s standard like cost plus so cost
there’s standard like cost plus so cost me this much i’m going to charge you
me this much i’m going to charge you
me this much i’m going to charge you know fifty percent margin i’m going to
know fifty percent margin i’m going to
know fifty percent margin i’m going to get to this price but really the best
get to this price but really the best
get to this price but really the best the best way to price your product
the best way to price your product
the best way to price your product service is based off of the value that
service is based off of the value that
service is based off of the value that you can provide to them and sometimes
you can provide to them and sometimes
you can provide to them and sometimes it’s hard to judge and sometimes you
it’s hard to judge and sometimes you
it’s hard to judge and sometimes you need to get out there and just start
need to get out there and just start
need to get out there and just start playing with your pricing and seeing
playing with your pricing and seeing
playing with your pricing and seeing what kind of feedback you get you know
what kind of feedback you get you know
what kind of feedback you get you know when i started doing videos with
when i started doing videos with
when i started doing videos with sponsors for an example like brain sort
sponsors for an example like brain sort
sponsors for an example like brain sort of wanting to do deals with me the first
of wanting to do deals with me the first
of wanting to do deals with me the first brains would pay me five hundred dollars
brains would pay me five hundred dollars
brains would pay me five hundred dollars to do one thing with them about 500
to do one thing with them about 500
to do one thing with them about 500 bucks that’s great you know i probably
bucks that’s great you know i probably
bucks that’s great you know i probably done it for free just yeah just to put
done it for free just yeah just to put
done it for free just yeah just to put that brand on my website hero um so but
that brand on my website hero um so but
that brand on my website hero um so but they can be hundred bucks right and then
they can be hundred bucks right and then
they can be hundred bucks right and then what sort of happened was you know they
what sort of happened was you know they
what sort of happened was you know they came back he wasn’t more and I tried to
came back he wasn’t more and I tried to
came back he wasn’t more and I tried to provide way more value to write like
provide way more value to write like
provide way more value to write like they just wanted me at that time they
they just wanted me at that time they
they just wanted me at that time they want me to write a blog post for the
want me to write a blog post for the
want me to write a blog post for the article wasn’t even video yet write a
article wasn’t even video yet write a
article wasn’t even video yet write a blog post for the article 300 words and
blog post for the article 300 words and
blog post for the article 300 words and they hired 10 people to do that
they hired 10 people to do that
they hired 10 people to do that assignment and I didn’t just write 300
assignment and I didn’t just write 300
assignment and I didn’t just write 300 words i wrote 1500 words animated video
words i wrote 1500 words animated video
words i wrote 1500 words animated video and i promoted it to my newsletter list
and i promoted it to my newsletter list
and i promoted it to my newsletter list and i sent people i was engaging in the
and i sent people i was engaging in the
and i sent people i was engaging in the comments and so my post did better than
comments and so my post did better than
comments and so my post did better than the other nine combined and so when they
the other nine combined and so when they
the other nine combined and so when they were making decision as to who they want
were making decision as to who they want
were making decision as to who they want to bring on they picked me over
to bring on they picked me over
to bring on they picked me over everybody else because I provided the
everybody else because I provided the
everybody else because I provided the most value to them and then I started
most value to them and then I started
most value to them and then I started increasing the pricing right it went
increasing the pricing right it went
increasing the pricing right it went from 500
from 500
from 500 I was in the 1500 and then with that
I was in the 1500 and then with that
I was in the 1500 and then with that client it stopped the 1500 that you know
client it stopped the 1500 that you know
client it stopped the 1500 that you know they couldn’t afford it anymore and I
they couldn’t afford it anymore and I
they couldn’t afford it anymore and I moved to other clients were like 2000
moved to other clients were like 2000
moved to other clients were like 2000 2500 and so a lot of pricing is
2500 and so a lot of pricing is
2500 and so a lot of pricing is experimentation and seeing who can
experimentation and seeing who can
experimentation and seeing who can afford your services at the start though
afford your services at the start though
afford your services at the start though you got to make sure you can provide
you got to make sure you can provide
you got to make sure you can provide that value right at the start you gotta
that value right at the start you gotta
that value right at the start you gotta you gotta test up the waters and see
you gotta test up the waters and see
you gotta test up the waters and see like pitch somebody I don’t know what
like pitch somebody I don’t know what
like pitch somebody I don’t know what they’re selling you’re selling t-shirts
they’re selling you’re selling t-shirts
they’re selling you’re selling t-shirts okay tell you shiver 30 bucks in see if
okay tell you shiver 30 bucks in see if
okay tell you shiver 30 bucks in see if you can get somebody to see people like
you can get somebody to see people like
you can get somebody to see people like it they appreciated for what it is is
it they appreciated for what it is is
it they appreciated for what it is is there enough quality in it right are you
there enough quality in it right are you
there enough quality in it right are you buying some high-end you know fabric
buying some high-end you know fabric
buying some high-end you know fabric that’s your sewing into it or is it some
that’s your sewing into it or is it some
that’s your sewing into it or is it some you know super cheap fabric that people
you know super cheap fabric that people
you know super cheap fabric that people you know that breaks down and somebody
you know that breaks down and somebody
you know that breaks down and somebody puts it in the wash right and people to
puts it in the wash right and people to
puts it in the wash right and people to communicate that value to others but I
communicate that value to others but I
communicate that value to others but I think in general entrepreneurs
think in general entrepreneurs
think in general entrepreneurs underpriced themselves for the right
underpriced themselves for the right
underpriced themselves for the right that they do provide most because they
that they do provide most because they
that they do provide most because they don’t believe that they’re providing
don’t believe that they’re providing
don’t believe that they’re providing real value when they are we just start
real value when they are we just start
real value when they are we just start don’t have the confidence yeah and
don’t have the confidence yeah and
don’t have the confidence yeah and especially young entrepreneurs you’re
especially young entrepreneurs you’re
especially young entrepreneurs you’re first getting started so if you’re
first getting started so if you’re
first getting started so if you’re you’re putting your product/service out
you’re putting your product/service out
you’re putting your product/service out there you’re getting some results try it
there you’re getting some results try it
there you’re getting some results try it like the next call you get this is how
like the next call you get this is how
like the next call you get this is how it is right like when a brain comes to
it is right like when a brain comes to
it is right like when a brain comes to me and they say hey how much is a
me and they say hey how much is a
me and they say hey how much is a costume of this twenty one hundred
costume of this twenty one hundred
costume of this twenty one hundred dollars and like okay great okay next
dollars and like okay great okay next
dollars and like okay great okay next time it’s 3,000 right or 4,000 right on
time it’s 3,000 right or 4,000 right on
time it’s 3,000 right or 4,000 right on a feudal da 2900 you like you got to
a feudal da 2900 you like you got to
a feudal da 2900 you like you got to figure out what your ceiling is where
figure out what your ceiling is where
figure out what your ceiling is where the cash is for for the product that
the cash is for for the product that
the cash is for for the product that you’re selling okay I think it’s a much
you’re selling okay I think it’s a much
you’re selling okay I think it’s a much better way to go than just trying to do
better way to go than just trying to do
better way to go than just trying to do a fixed like okay here’s our expenses so
a fixed like okay here’s our expenses so
a fixed like okay here’s our expenses so we’re gonna add percent margin and
we’re gonna add percent margin and
we’re gonna add percent margin and that’s what the prices all right I love
that’s what the prices all right I love
that’s what the prices all right I love it well we’re on time we got through it
it well we’re on time we got through it
it well we’re on time we got through it all and half an hour it’s awesome one of
all and half an hour it’s awesome one of
all and half an hour it’s awesome one of those sup Erica for everybody watching
those sup Erica for everybody watching
those sup Erica for everybody watching on my channel what’s the best way to
on my channel what’s the best way to
on my channel what’s the best way to reach out and follow you and learn more
reach out and follow you and learn more
reach out and follow you and learn more about what you’re doing alright so you
about what you’re doing alright so you
about what you’re doing alright so you can go on ww that my did you see that
can go on ww that my did you see that
can go on ww that my did you see that calm and for Twitter its managers he
calm and for Twitter its managers he
calm and for Twitter its managers he also at my teachers
also at my teachers
also at my teachers find us there pretty myself I love it
find us there pretty myself I love it
find us there pretty myself I love it well thank you erika for the time taking
well thank you erika for the time taking
well thank you erika for the time taking guys for watching you’re trying to
guys for watching you’re trying to
guys for watching you’re trying to believe have a great rest of the week
believe have a great rest of the week
believe have a great rest of the week see you soon I’m at
”
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