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Im broke. My Plan to Make 1M in 2023. with Английский subtitles   Complain, DMCA

all right here's your check yeah go

ahead and put all of it on this card

right here thank you I'm sorry sir it

said declined the client you said that

that can't be right can you do me a

favor just go ahead and run that again

for me uh okay I'll I'll try probably

she shouldn't even like know how to

swipe the card right come on sir it's

declined yeah you put it on this card

instead this one here that has a metal

card always works always it was declined

try this one declined uh this one

um this one it was declined okay I'm

just gonna uh run to my car to get some

as if I own a car or have any cash at

a dumb skit for YouTube but if we rewind

just a few years like I basically was

broke I'm going to show you a heavily

redacted tax return from the year 2016

and you can see my income for that year

was twenty thousand dollars and if we

fast forward just four years from 2016

to 2020 I had completely turned my

finances around and the different

generated over one million dollars in

2020 over 2 million dollars in 2021 and

this year we have also built on that and

look I'm not saying these things to

bragger to impress anyone I'm saying

them because today I want to give you a

battle tested realistic game plan to

reaching one million dollars per year

divided by 12 equals around 83 000 in

some change that is the amount of money

you have to make each month to get to 1

million per year and that number it can

seem very intimidati­ng right it can seem

almost impossible even where I'm at

financiall­y now it just it seems like a

lot of money and that's why I think

mentally it's a lot better to focus on

getting to ten thousand per month that

number is a lot more realistic sure it

still may seem a bit lofty right now but

it's it's achievable you can get there

now obviously 10K over 12 months only

gets you to 120k per year but that

that's still a great starting point now

something else to keep in mind is that

there's a lot of careers that will get

you past the 120k per year you know

there's a lot of careers that will get

you up to like 200 to 300K per year if

you're working in finance in medicine or

maybe as a business consultant but there

are very very very few jobs you'll get

working for someone else that are going

to get you above 300K per year like

unless you're basically a corporate

officer like this CEO of a bigger

company you're not going to get above

300K but if you can build your own

business or you can build an income

stream of 10K per month well it's very

realistic now to level up the marketing

you're doing maybe do some more paid

advertisin­g and get that up to 20K or

30k or maybe you introduce another

income stream of 10K and you start

stacking these on top of each other that

is how you're going to get from 10K to

that 83k number now I want to give an

important warning before we hop into the

actual game plan because there's

something I left out about 2016 when I

made only 20K that year and that is that

the previous couple years I was working

as a software engineer with a salary of

around 60 000 that allowed me to save up

some money so that even though I had a

couple rough years where my bank account

balances went down I wasn't worried

about ending up on the streets homeless

I had some padding the point is that

when you start trying to make your own

money or start your own business there's

going to be a period where you're

figuring it out you're not just gonna

start making a bunch of money right away

and that's why I'd recommend having at

least six months but ideally 12 months

or more of your living expenses saved up

so it's taking a quick stop to check in

on the progress of the The Villa we're

building here unfortunat­ely not too much

progress to update yalon but we we're we

still come like four times a week just

to just to swing by and make sure

nothing cool is happening yet a bit of

an addiction really so check it out

there's unlimited different business

models you could choose to start but

basically all of them are going to fall

into one of three buckets either

physical products digital products or

services so physical products is the one

that everyone thinks seems cool right

everybody wants to start their own

clothing brand and if I had to summarize

my experience since 2018 when we started

Edge lifestyle clothing into one word it

investing a bunch of new money for new

inventory and then that inventory never

even gets to you for months later and

that's the only point at which you can

sell it and turn a profit we've had

hundreds of thousands of dollars of

inventory lost before during some point

in the supply chain you have to either

rent out your own warehouse space and

pay your own employees to fulfill the

orders or you can do what we do and use

a 3pl which is basically you're you know

paying a warehouse that also Services

several other brands but every time they

ship an order we pay them for every bin

of our Goods that they're storing we pay

them for that you have to deal with

returns and exchanges and the more you

scale and the more you grow the more of

these issues that you run into and

that's why I would generally not advise

getting into physical products it's

going to take a lot of capital and

investment up front unless you do what I

did with Edge which is we started back

in 2018 the first order was like 200

t-shirts 200 tank tops and then you know

from there we like slowly slowly grew

little by little by little by little it

was not a fast process seriously guys

I'm gonna release the dopest clothing

that the internet that the world has

seen right now I'm wearing the sample of

our first t-shirt here's a foundation

t-shirt now digital products can

definitely make more sense because with

this you're investing all of the time

and energy up front to create the

product but then when you sell it

someone just gets like a login usually

or in my case you know we did the

beastly app I invested 50k to develop

that app because I wanted to have

functional­ity that other apps don't have

so I hired a custom developmen­t firm out

of Germany and this can work and be a

lot more profitable than the physical

products because you're not dealing with

all of these Logistics all the time so

for you this might look like creating an

online course based on your expertise

you know I could potentiall­y do a course

on you know how to build a YouTube

channel from scratch the challenge is

going to be how are you marketing this

thing how are you getting new people in

the door because if you're selling your

course for let's say a hundred dollars

in order to get to 10K a month that

means you have to sell a hundred

customers new every month so either you

need to build your own following on

social media to sell it to or you have

to figure out paid ads or you have to

pay other influencer­s to Market it for

you and that's why I think for most

people it's going to make the most sense

it's going to be the most profitable and

it's going to be the most quickly

profitable to go with the service based

business but in order to do this you're

going to need to develop a skill feel

that other businesses or people are

going to want to pay you for and that's

why I decided to partner with skillshare

to be the sponsor of today's video ready

check it out skillshare is basically

this massive online learning platform

that has thousands and thousands of

classes in different areas like online

marketing photograph­y videograph­y

entreprene­urship and these classes can

help you not only learn new skills but

also hone skills and level up skills

that you're already working on to help

you land that new career or launch your

first business for example I just found

this new course commercial filmmaking

everything you need to know to write

great video advertisem­ents by Stephen

Engel and there's going to be a lot of

crucial informatio­n in here if you're

someone who's trying to build a business

off your videograph­y skills or another

one I found is scale your business with

Facebook ads learning from spending 150

million dollars from Jack Paxton if

you're someone who wants to start a

informatio­n is gold it doesn't matter

what skill you're trying to master

skillshare is going to give you the

resources you need to get it done and

because they're sponsoring today's video

the first 1000 of my subscriber­s who

click that personally descriptio­n are

going to get a one month free trial to

opportunit­y click that link try it out

got Haynes bro workout complete now I

want to talk about what I believe to be

the top service based businesses to

start in 2022 and 2023 and I'm not just

pulling these things out of my ass like

these are things that I actively pay

people and agencies to do for Edge for

gains club for all of my different

businesses each month and there's going

to be other businesses looking to grow

looking for help with these same things

so option number one is going to be

managing the paid advertisin­g for a

business or a brand and usually this

means Facebook and Instagram ads but can

also mean Google ads Tick Tock ads Etc I

can tell you as a business owner that in

the past I tried to figure it out on my

own didn't see that great results I

tried hiring an employee you know

bringing it in-house letting them try

and work on it that didn't work that

well either what's worked a lot better

is finding an agency that specialize­s is

in this and actually is implementi­ng

different strategies to make sure we're

getting the best return on the money

we're spending towards our advertisin­g

number two is creating content for

businesses if a business wants to run

ads and needs some content to use for

the ads they need content to post

organicall­y to their Instagram page for

example and if you're someone who's good

with photo or video you can come to an

agreement with a brand that you're going

to provide them X number of content

pieces each month for a set fee with

Edge for example Julie and I create a

lot of the content ourselves but I also

pay some videograph­ers and photograph­ers

in Houston to help us create additional

content with different models number

three is email marketing when you're

running a business the hardest thing is

usually acquiring new customers but then

on the back end once you have a customer

if you have strong email marketing you

can do a lot to bring those customers

back for repeated purchases and again

this is something I used to do myself in

the early stages of the businesses but

it pays it literally makes sense for you

to pay someone now to not only you know

write the copy for those emails but also

to do the graphic design for those

emails and to make sure they're going

out on a consistent basis especially

during busy times of the year like last

week with Black Friday sale four is web

web design with the exception of edge

because that's a website that I've just

you know pieced together and designed

myself year by year by year for the rest

of my businesses I have hired people to

design the websites if you're going to

get into this I would definitely

specialize in creating high quality

Shopify stores for people because most

people are building their e-commerce

platforms on Shopify the challenge with

this one is that unlike the others once

you've built a store for someone there's

not really much of a need for them to be

paying you every single month so there's

going to be a lot more of like a need

for you to constantly be finding new

customers and new clients new businesses

to work with and number five would be

social media management which would

usually mean managing a Brand's

Instagram page not just posting content

but also answering questions in the

comments the DMS reposting stories

they're tagged in and just thinking of

creative strategies to generate more

traffic to the Brand's page again with

Edge this is something that we used to

do ourselves but now we pay someone to

handle that for us and for all of these

things it's going to be normal to charge

somewhere in the range of 2000 to 5 000

per month so let's say you're charging 3

000 you basically just need three

clients in order to get to that 10K per

month Mark and obviously if you can

bring on more and more clients that

monthly income is going to stack very

quickly now one thing you got to realize

is as a business owner I regularly get

10 to 20 emails per day with people

offering to take care of these things

for me so most business owners have

developed kind of like a a bit Shield

that's not the right word but some type

of like force field where it seems like

all of these people reaching out are

spam you need to learn how to stand out

so here's my tip that first Outreach

email should never look like it was copy

and pasted what's going to work a lot

better if there's not that much text but

you have some images in there that are

clearly like a screenshot of the

person's page maybe with some arrows or

graphics on there that immediatel­y make

them think wait hold up what if I'm

doing something wrong I'd also honestly

offer you in the first month for free

just to prove you can deliver some type

of results and get your foot in the door

if you're not sure how to find new

businesses to reach out to I think

probably the easiest way is going to be

scrolling through Instagram or searching

for like hashtags on Instagram then

finding the business email through there

anyway y'all I know there was a lot of

different informatio­n but I hope that

that gives you some ideas some immediate

next steps you can take to get started

if you are someone who's looking to

start your own business start making

money for yourself start achieving that

Freedom if you made it to the end of the

video I appreciate you bro smash that

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