Some basic tips.
https://socialblade.com/ – phlanx.com
Message via https://www.kik.com/ (popular among influencers) or DM
Set up a professional business profile with short intro (benefit to the influencer) and request shoutout rates.
Important: Your profile posts should be relevant and high quality.
Be firm on pricing. Don’t sound inexperienced and bounce around on pricing. Keep it simple and be decisive.
Namaste Technologies (N)
Aurora Cannabis Inc (ACB)
Canopy Growth (WEED)
LDS, MMJ, EAT, FFT, NU, MJ, GHG, TNY, DOJA, RLV QCC, CHV, SUN, ATT, TGIF,
Jan 2 2018 – Notable list 30% to 150% gains
BLGV, BUDZ, HEMP, RMHB, ATTBF, CANN, CNBX, XSUNX, THC, TBP
Cryptocurrencies + Cannabis Industry
Following legalization, prices of pot stocks is subject to risin prices… Good news for anyone holding.
BMO and TD are turning into the top choices for pot banks in Canada
FFT formerly AGSTF/AGS 0.5 to 1.10 2015-2017 as they invest in land and equipment while holding various patents.
While the US market is bigger, it is also riskier as the US Gov’t still outlaws the use and sale of cannabis products.
Investing in Canadian pot stocks already has potential and many Canadian companies are investing large sums of money on land and infrastructure (aphria, canopy growth, future farm technologies and more).
e.g. Future Farm Technologies
Some longer term holds that were widely talked about in 2016-2017. Aurora Cannabis (NASDAQOTH:ACBFF), Canopy Growth (NASDAQOTH:TWMJF), GW Pharmaceuticals (NASDAQ:GWPH), Insys Pharmaceuticals (NASDAQ:INSY), and MedReleaf (NASDAQOTH:MEDFF) are top cannabis stocks to consider holding for 2018.
When it comes to bitcoin and cyptocurrencies, do you really know what is going on behind the scenes?
Will people sell out and disappear? Who else is buying? The FOMO crowd? People that are looking to cash in? If someone is cashing in then it is at someone else’s expense.
The majority of people don’t know what they are doing and are still buying more. Personally I don’t daytrade things I don’t understand and prefer to get in years before everyone else does (2 years or more).
What will be a better investment in 2018? At the time of this post cryptocurrencies have made a lot of people lots of money very quickly. However, it is tough to know the future of cryptocurrencies.
Hold long, but how long?
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90% of the investment advice that you hear is garbage.
If you want to wait until you are 50 to become a millionaire then go ahead and listen to what most people have to say about it. (most non millionaires anyways).
If you want to play it safe, contract, and focus on saving then you will probably still be working a job well into your golden years.
Focus on making more money (not just saving what you have and using coupons).
Value your time at $500-$1000/hour assuming you’ll work 40–90 hours a week. You’ll become a millionaire much faster this way as opposed to valuing it at $30/hr and spending 80% of your day doing things that you could have paid someone else to do for that much.
Spend your time doing the things that pay the big bucks. If it means hiring/managing a team of workers and getting a kickback then that’s what you do.
It’s easier to become a millionaire by earning 1% on the effort of 1000 people than it is on 100% of your own effort. We all have 24 hour days. The difference between a self-made millionaire who makes 1m net each year vs someone who waited 50 years investing in 401ks and other crap is knowledge and how they value their time.
You can either choose to become a millionaire based on assets you own or YOU become a milionaire as the asset itself. Take everything away from someone like Elon Musk and he will find a way to create enough value in the marketplace to become a billionaire. Taking everything away from some schmuck who worked at a job he hates for 40 years and now has a million dollars in assets is not the same.
So focus on becoming a millionaire for what it will make of you to become one (as Jim Rohn used to teach).
So read books. There are no secrets. Just lots of bad advice.
Jim Rohn was and continues to be one of my favourite philospohers on life and business.
Hmm sorry to see the lack of realistic answers here…
Ecommerce is ok.. Amazon FBA is great but they blocked new sellers in Q4 (plus its not really a business you own). You should focus on building long-term assets.
If you are somewhat tech savvy, start by aligning yourself with a VA/outsourcing company. I prefer the Philippines for various reasons.
Build a list/team of qualified applicants on skype that you’ll be keeping in touch with.
I’ll give you one method that I find fairly simple to accomplish to meet your $96,000/year requirements. By the way, $100k is a really low figure these days especially if you are tech/online savvy and entrepreneurial (working on a business and not in it).
Go onand pay someone to scrape yellowpages/local directories for law firms (preferably in higher paying countries). If you want to go more advanced pay someone who uses builtwith to scrape together a list for you with certain filters (can get very specific).
Put together a website with content that explains benefits of various things (education) relating to a service you will be offering. Online Reputation Management is a decent service to offer law firms, surgeons, etc. You will be sending visitors to that website so they can get more info. The website ideally shows exactly what you will be doing. It is the virtual 24/7 version of you sitting 1–on-1 with a client. Videos, images, content will be plenty to prequalify those who eventually call to say they want to know how to proceed with your services.
Start out offering your services for free in exchange for reviews/referrals.
You pay your VA to email your list and lets say you are really bad and only 1 person replies for every 100 emails sent. PS: Keep in mind that you should be can-spam compliant when doing this. Learn the rules and cold-emailing will be your cheapest way to get new leads. Anyways, say your VA sends 1000 emails and 10 people reply. Of those 10 that reply, you get your VA to phone them, prequalify them, and send them to the website that does a lot of explaining for you. If you want to hop onto a call with the clients to learn about their business and what they’ve tried in the past you can do that.
Going back to “offering free services…” If you are new in business, can’t ethically sell because you aren’t very qualified/experienced, or want to increase future conversion rates with social proof then you offer your services for free in exchange for referrals & a testimonial. To do this, start off contacting only top companies/influencers that you look up to and offer to help them out FREE. This sounds crazy but it works.
So for your first round you send out 1000 emails and 200 people agree to the free offer. You pick the top 10 and offer your services. When done, their review goes onto your website which shows some credibility – especially if your future prospects know those people.
PS: don’t offer free services if you are totally inexperienced with tech and what you are offering. You could easily damage a business’s reputation and revenue which can cost thousands/millions of dollars in lost business. I can’t stress this enough…
So once you do this, in your future emails you can mention that you’ve worked with top companies/influencers and their testimonials on your website would show that. This increases conversion rates and builds some trust in the cold-email process.
Say you are cleaning up negative review sites or building new sites/properties that will push down the negative ones. You can offer your service for a set fee 1-time or per month (there are more ways but this is just in a general sense). You should have your VA team on a system to get those things done so you can rinse and repeat.
How do you sell customers? Well it is easy. You can use Adwords KW planner to show the volume of searches a month that your clients may be missing out on due to having negative reviews or no reviews. It’s pretty simple to show how much business a company is missing out on or that their competitors are getting if you understand basic numbers. This makes it a no-brainer so you don’t need to pressure anyone and can just work with the willing.
If your VA team sends 1000 emails a week and you are getting 100+ customers a month on a $200 plan then that is $20,000/month. You can automate a lot of these things so that customers just have to buy the service as they would a pen off Amazon all from your website. You can scale down to 5–10 clients a month down the road that pay $10k/mo each (provided you provide more than that in value/profit in the long term). You’ll suddenly be at $100k/mo. Rinse and repeat.
If you want to become a millionaire in terms of net worth then the answer is no.
However, if you want to become a millionaire in terms of annual income then
I’ll go ahead and say YES, you do need to have a ‘life shock’ as you put it. In fact, I think it helps to have a lot of ‘aha’ or ‘oh sh1t’ moments quite frequently because those things should help to drive you forward.
Seeing how bad things will be for people who don’t have a plan.
Knowing that while things may be good now, they won’t always be good.
Imagine how your life will be if you work at a job for 40 hours a week for 40 years and then retire on 40% of what you could barely get by on before. If a person is comfortable making just enough to make ends meet then they probably won’t be motivated to make a change. If on the other hand someone is sick and tired of not being able to provide for their family the way they want to then they will probably start making some drastic changes. Those are turning points that can change a persons life. Something happens on the inside (not from the outside) that compells a person to start doing things differently and seeking answers.
Life shocks can be something as simple as seeing a friend get laid off from a job or being told that you can’t do something at work and making a promise to yourself that you will do things differently.
For someone to go from rags to riches without ‘life shock’ events seems pretty unrealistic. An entrepreneurs journey to becoming a millionaire is NEVER easy even if it may look that way. Sometimes people get lucky but there are also some that appear to be lucky but you don’t see all the hard work they put in before to be in a position to be ‘lucky’ in the first place.
If you give someone with a ‘poor persons’ mentality 1 million dollars they will likely lose it all in a short span of time or at least not grow it. On a smaller scale you can hand someone $10 and tell them if they can double it they can keep it but if they don’t double it they have to give it back. Most people won’t even know how to double it let alone do what is required to double it. Moreover, most people are taught from a young age by society that rich people became rich by ripping other people off.
A lot of millionaires have a different mindset and think differently than most people. Either they taught themselves or were mentored. Without having something happen in their life it is not likely they would have the burning desire to want to improve their knowledge to better their circumstances.
There are people who become millionaires working at a job and reinvesting their money for many years (compound interest) and becoming millionaires in terms of net worth. Do you want to be a millionaire sooner or later? You don’t need to put it off. Start the process of self-education earlier on. You cannot condense a lot of knowledge and experience into too short of a time. People don’t learn through reverse osmosis.
You will lose money and make mistakes on the path to becoming a millionaire and learn from those mistakes (life shocks). Failure is just an opportunity to learn. People who are not afraid to fail and just ‘do’ often become more successful than those who have to make sure all conditions are perfect before jumping in. See the gap in the market, go all in. When you are early, you don’t have to deal with the competition as much as those who get in later – but don’t take this to mean you shouldn’t go in if you are later either.
Anything that doesn’t look like a straight line is the universe testing you to see if you have what it takes to be a millionaire. Success is often advertised as the first when it is more like the latter. Most people would not go for it or would quit very early but ‘millionaires’ will continue to make more because what got them to 1 million is going to get them to 1 billion if they don’t get complacent.
Don’t wait for the outcome to enjoy life. Enjoy the journey.
Earl Shoaff advised one of my favorite philosophers Jim Rohn, to: “set a goal to become a millionaire for what it makes of you to achieve it. Do it for the skills you have to learn and the person you have to become.
Two recommended books.
That is a great goal to aspire for. Many people will say that you need to do this and that but I personally believe it starts with training your mind. There are people who win the lottery and lose all the money (go into bankruptcy) not long after because they did not have the right mindset to begin with.
Some advice based on my own personal findings from studying self-made billionaires.
1. Have a good reason for wanting to become a billionaire. Figure out a way to add value that is worth billions of dollars. This requires you to become more and know more. You need to think very big and be able to take big calculated risks.
2. Most billionaires read a lot of books. Not just any book though as junky books will just junk your mind. There are books that can teach you anything you can think of. Books on sales, biographies, entrepreneurship, leadership, time management, marketing, so on so forth. Think And Grow Rich by Napoleon Hill is definitely a good one to read.
3. Study billionaires – kind of obvious. Read their biographies. Learn more about them. You will start to see patterns. You will find that most billionaires are just ordinary people who took massive action. You will start to see the hard work they put into things that others don’t see.
4. Find some self-made millionaires and you will learn a thing or two. But if you ever get the chance to meet a billionaire be sure to listen to what they have to say. Listen twice as much as you speak (2 ears and 1 mouth). You can watch interviews of billionaires on youtube (valuable information for free).
5. You will meet a lot of fake people along the way and more people who try to redirect you away from your goals. Just remember that you can learn from bad advice as well. Hopefully you can discern what is good advice and what is bad advice. You will be tested by people who don’t believe you can do it. Be ok with it. Don’t burn bridges. Be gracious and humble about it.
6. Practice delayed gratification. This means living modestly even when you are just a millionaire. Invest in assets and things that will help you become a billionaire (you can just ask yourself this question).
7. Focus on the positive as much as possible. Successful people rarely blame others and take personal responsibility as much as possible. They do this because they don’t want to become victims to their circumstances. It’s not about what happens that matters but how you react that matters.
8. Whatever you do, do the best work possible even when you know nobody else is looking – because you know.
9. Be a person of integrity. Mean what you say and do what you say you will do. People won’t have to second guess your motives or trustworthiness. Be punctual and don’t break promises.
11. Nobody is perfect. We all come from different places. Keep in mind that it isn’t about where you are now but where you are going. Just because a billionaire has a bad habit doesn’t mean you should copy it. Don’t let their billions stop you from being more successful than they are. You have more resources to go beyond.
11. Most people slow down when they reach their comfort zone. Don’t get stuck in the comfort zone. Find ways to get uncomfortable and continually grow. Ask yourself if the billionaire version of you would be more productive or doing something else. This might seem tough but that is why there aren’t many billionaires.
12. Learn to set goals. The simple action of writing down your goals on paper (by hand) increases your chances of achieving them by astronomical numbers. There is a right and wrong way to go about doing this so I suggest researching on Google how to do this.
13. Don’t look at what something will cost you but what it will make you. Look at the cost of not doing something as opposed to doing something. Invest in your knowledge because it will pay back in leaps and bounds down the road. Overtime you read a book, be sure to take away even 1 golden nugget of information. These valuable bits and pieces of information added up over time will be worth billions later on. The more you practice this the more valuable information you can get from reading a book as opposed to the ‘next person.’ Remember, two people can look at a situation and have completely different outlooks.
14. Turn what others use as excuses for why you MUST do something as opposed to why you CANNOT.
15. Practice time management. Delegate unimportant or (not as important) tasks to others and focus most of your time on the important things. 80/20 Rule or Pareto Principle.
16. Believe you can do it. The late Napoleon Hill said: “Whatever your mind can conceive and believe the mind can achieve regardless of how many times you may have failed in the past.”
17. Seek mentors and coaches as they are the key to getting to the next level. (Books, audios, tapes can be coaches too!) You cannot do it on your own. Always seek help and more knowledge. Even the best athletes for example have coaches. Never underestimate the value of coaching!
18. Recognize that sometimes bad events can eventually be the best thing to happen to you (or a turning point). This goes back to being positive.
It is 3am here so I should really go to sleep 🙂
Hopefully these tips help you to make your first 6-figures by developing a 6-figure mindset. Always seek to program your mind to make 7-8-9-10 figures and beyond and you will get there (inevitably). I think it’s better to be delusional and a bit crazy going for big aspirations than not try at all and just go through life reacting to things.
Some people have it in them, some don’t. Surround yourself with people who are like you and block out negativity coming from people who are just content with safety and security.
Finally – you’ve got to take action. Write your goals down with pen and paper and read it everyday. If what you are doing right now isn’t moving you closer towards the things make adjustments until you are always doing something everyday to move closer to your goals.