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How I'd Make $100K in 90 Days From Scratch — Transcript

by MoreMozi · 1,877 words · 286 segments · language en · Watch on YouTube

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  1. 0:00Now, if you had to go from zero to
  2. 0:02$100,000 in the next 3 months,
  3. 0:05how would you do it? Maybe if you could
  4. 0:07break it down for me in
  5. 0:09five steps.
  6. 0:10>> Sure.
  7. 0:11Um
  8. 0:14So, 100,000 total or 100,000 a month or
  9. 0:1610,000 a month?
  10. 0:17>> 100,000 total
  11. 0:19in 3 months. Uh
  12. 0:21no employees, just you.
  13. 0:23>> It's not me though, right?
  14. 0:25It's my skills, but not me.
  15. 0:27>> Yeah.
  16. 0:28>> Okay.
  17. 0:28>> [laughter]
  18. 0:29>> That makes sense.
  19. 0:31Right. And I don't have And I have And I
  20. 0:32have no network and I have no
  21. 0:33connections and I have no any of that.
  22. 0:35I'm I don't have my phone with me.
  23. 0:37>> You can use Claude.
  24. 0:38>> [laughter]
  25. 0:39>> Um
  26. 0:41I I
  27. 0:43So, when you were starting out, you want
  28. 0:45every customer to be worth it.
  29. 0:47And so, I think one of the mistakes that
  30. 0:49happens when people are earlier is they
  31. 0:52don't sell expensive enough stuff.
  32. 0:55And so, like if it's very hard for you
  33. 0:57to get a customer, then you better make
  34. 0:59sure that customer's worth it. Which
  35. 1:01means instead of thinking about
  36. 1:02scale-ability, we think about how
  37. 1:06basically
  38. 1:07potential money made from every person
  39. 1:09is what you want to maximize. And so,
  40. 1:11that means that potential value created
  41. 1:13has to be maximized, which means that we
  42. 1:14might do unscalable things in the short
  43. 1:16term in order to generate cash flow. And
  44. 1:17so, I'll give you an analogy and then
  45. 1:19I'll give you the steps, but
  46. 1:20um or not an analogy, a story, but when
  47. 1:22I when I started my first gym,
  48. 1:24I did personal training uh with one
  49. 1:26client. And that client came 90 minutes
  50. 1:28a day, five days a week, which is a
  51. 1:29super like a super client.
  52. 1:32And I ended up making I think it was
  53. 1:33like four or five thousand dollars a
  54. 1:34month in total from that one client. And
  55. 1:37that client and that model of me just
  56. 1:40doing one-on-one like that obviously
  57. 1:41doesn't scale. But, I was running my
  58. 1:43gym, the business all around that. And
  59. 1:45the gym, I would just take the cash and
  60. 1:47basically reinvest in more equipment or
  61. 1:48I'd or I'd spend more on ads to get more
  62. 1:50people in, whatever it was. But, like I
  63. 1:52lived on the $5,000 a month that I was
  64. 1:54getting
  65. 1:55uh from the personal training client.
  66. 1:57And so,
  67. 1:58the fastest way to get to $100,000 is
  68. 2:00not the fastest way to get to a million
  69. 2:02or 10 million. And so, this is the big
  70. 2:03misconception with the question. And so,
  71. 2:05like
  72. 2:06if I wanted to get to $100,000, I would
  73. 2:09go to a business and say and the thing
  74. 2:11is is like I have already done this cuz
  75. 2:12I've already lost my money before and
  76. 2:14had to go do this. So, I this is what I
  77. 2:15did. I went to a local business and I
  78. 2:18said, "What are the packages you have?"
  79. 2:20And then I said, "What's the cheapest
  80. 2:21that you're willing to do deliver these
  81. 2:24packages for?" And I said, "Okay, if I
  82. 2:26go get you customers and I sell it, can
  83. 2:29I keep this percentage of what I sell if
  84. 2:31I go get them and I sell them and then
  85. 2:34you get the customer for life after
  86. 2:36that." And as soon as I had some
  87. 2:38businesses that said yes, I then got
  88. 2:41them customers and I kept the money and
  89. 2:44then they delivered the services and got
  90. 2:45customers for free. And so, when I lost
  91. 2:48everything, I made $100,000 the first
  92. 2:50month after I lost everything. And so,
  93. 2:52within the example, it's like I did that
  94. 2:54in 30 days.
  95. 2:55And so, you can absolutely do that. It's
  96. 2:57just that you have to work like a maniac
  97. 3:00and fundamentally it was I had an offer
  98. 3:02that worked that I knew worked for a
  99. 3:04specific local business, which was a
  100. 3:07gym. So, I knew I could run a weight
  101. 3:08loss challenge and I knew I could spend
  102. 3:10money on the ads and I didn't have to
  103. 3:12spend a lot because you know, if you can
  104. 3:14get 10 to 1, you spend 100 bucks, you
  105. 3:15have a thousand. And then after you have
  106. 3:17a thousand, you spend 10, now you have
  107. 3:18you spend one, you make 10 and you're
  108. 3:19good to go, right?
  109. 3:21Um,
  110. 3:22and so,
  111. 3:23that was so then I would get limited by
  112. 3:25the facility's ability to handle
  113. 3:26customers. So, I would try and find the
  114. 3:28most empty facilities because I knew I
  115. 3:29could sell them till they were full
  116. 3:30usually within 3 weeks. And so, that is
  117. 3:33literally what I did. So, step-by-step,
  118. 3:35I had an offer, number one. Number two,
  119. 3:38I had ads that I could record with my
  120. 3:41phone.
  121. 3:42Step three, I posted those ads and
  122. 3:44pushed them to a landing page. Step
  123. 3:46four, the landing page, this is at the
  124. 3:48time, just went to Google Sheet.
  125. 3:50Uh, step six, I called the leads on the
  126. 3:53Google Sheet to make sure that they got
  127. 3:54scheduled. And then uh I think I'm on
  128. 3:57step seven, I would meet with those
  129. 3:59leads and I would present the offer that
  130. 4:00I advertised to them. And then I would
  131. 4:02get them to give me money for that
  132. 4:03offer.
  133. 4:04And then I let the business handle the
  134. 4:07delivery of the services and I get the
  135. 4:08cash.
  136. 4:09It's the easiest business that you can
  137. 4:10run. It's one person. It's functionally
  138. 4:12an affiliate business.
  139. 4:15>> If you were going to think of the
  140. 4:16easiest offer
  141. 4:17right now,
  142. 4:18what might it be?
  143. 4:20>> Uh I mean
  144. 4:22>> Cuz I think a lot about winner's effect
  145. 4:24and how people
  146. 4:25I like to give people
  147. 4:27I don't know, those tactful gems even
  148. 4:30though they're not useful long-term
  149. 4:32because long-term is just the
  150. 4:34fundamentals, but to establish some type
  151. 4:36of winner's effect.
  152. 4:38>> Well, the nature of the offer is going
  153. 4:40to have to be So,
  154. 4:42one is you have to decide whether you're
  155. 4:43B2B or B2C, right? So, am I going to
  156. 4:45sell to consumers or am I going to sell
  157. 4:46to businesses, right? If I had no
  158. 4:49knowledge of anything,
  159. 4:50um and I just knew just basic AI stuff,
  160. 4:53it's not that difficult to go into a
  161. 4:55normal business to say, "Hey, can I
  162. 4:56observe your business for free
  163. 4:59and come with an AI plan that saves you
  164. 5:03at least $100,000, and would you be
  165. 5:05willing to give me a third of the
  166. 5:07savings or 20% of the savings that I get
  167. 5:10you if I can demonstrate that it will
  168. 5:11save that amount of money?"
  169. 5:13Most businesses would say yes.
  170. 5:16And this is like it's nothing up front.
  171. 5:17I just need these commitments.
  172. 5:19Like I don't I don't think like
  173. 5:22And then someone might say, "Okay, well,
  174. 5:23how do I get in touch with those
  175. 5:24businesses?" You've got two feet and two
  176. 5:26hands. You can knock on a door.
  177. 5:28Like you have a phone with you know,
  178. 5:30you've got two thumbs. You can text
  179. 5:31people. You can DM them. You can call
  180. 5:32them. You can email them. Like you can
  181. 5:34post content about it. Like there's 100
  182. 5:36ways. You just got to let people know
  183. 5:37about it. And the thing is is like is
  184. 5:38that an in-demand service right now?
  185. 5:40Yes.
  186. 5:41And so, the issue is more that people
  187. 5:42just don't have any skills.
  188. 5:43Like if you have skills, making money is
  189. 5:45not that hard. You do something for
  190. 5:46somebody else that they don't know how
  191. 5:47to do. So, that means you need to learn
  192. 5:48how to do So, learn how to do
  193. 5:49stuff and then do it for somebody else
  194. 5:52who doesn't want to learn how to do
  195. 5:53stuff, which really just comes down to
  196. 5:54like you have to be willing to work.
  197. 5:57>> What's the one thing people waste most
  198. 5:59of their time on that doesn't actually
  199. 6:01make them money?
  200. 6:02>> I mean everything that is not the work.
  201. 6:05Like I have one plaque on my on my wall
  202. 6:07that says focus is subtraction.
  203. 6:10Like everything that is not the thing is
  204. 6:12a distraction. So, if we define
  205. 6:14commitment as the elimination of
  206. 6:15alternatives, people are not committed.
  207. 6:17And so, the most focused person in the
  208. 6:18world, most focused video game player in
  209. 6:20the world would not eat, would not
  210. 6:21sleep, would not drink water. They would
  211. 6:22only play video games and anything that
  212. 6:23is not video games would then be
  213. 6:26less focused. So, if you drink water,
  214. 6:28you're less focused than the guy that
  215. 6:30plays 100%. Now, is that sustainable?
  216. 6:32No, but for the period of time that
  217. 6:34person was playing, that person would be
  218. 6:35the more focused person. And so, there
  219. 6:38are a very small number of activities
  220. 6:40that generate money.
  221. 6:42And
  222. 6:43most of everything else is just noise.
  223. 6:45Like you have to let people know that
  224. 6:47you exist.
  225. 6:49You have to
  226. 6:50make them an offer that solves a
  227. 6:52specific problem in exchange for money.
  228. 6:55You have to get agreement from them and
  229. 6:56you have to exchange money for services.
  230. 6:58And then you have to deliver that
  231. 6:59product or service to them. Like it's
  232. 7:00it's I don't even like
  233. 7:03I don't know what else there is. Like I
  234. 7:05don't know how it gets that complicated.
  235. 7:06Like that's it.
  236. 7:09And people get I think I think really
  237. 7:11what it is is like people get paralyzed
  238. 7:12by trying to pick perfectly. They try to
  239. 7:15think like I want to have the perfect
  240. 7:16business. Well, like unless you're Bezos
  241. 7:18or Zuck
  242. 7:19who actually started
  243. 7:21their first business and are still in
  244. 7:22their first business as a gazillion
  245. 7:24dollar company,
  246. 7:25the vast majority of entrepreneurs that
  247. 7:27I know,
  248. 7:30your first business is not your last
  249. 7:31business. It is your first stepping
  250. 7:32stone. And so, I just try to get people
  251. 7:35to consider um get a stranger to give
  252. 7:37you money to do something or for
  253. 7:39something that you you for them.
  254. 7:41That's it.
  255. 7:43Like that's that's all of business. It's
  256. 7:45literally just accepting money from a
  257. 7:46stranger. So you like you need a way to
  258. 7:48process money, you need an LLC if you
  259. 7:49want to use credit cards. You could do
  260. 7:50it for cash and not have any of that
  261. 7:54Like I actually I struggle with the
  262. 7:55question cuz I'm like what part are we
  263. 7:57missing here?
  264. 7:58And I think it's because there's so many
  265. 7:59people saying a lot of words that they
  266. 8:00don't understand and confusing a large
  267. 8:03percentage of people. It's like well you
  268. 8:04have to start with a morning routine.
  269. 8:05It's like bro, you don't need to do any
  270. 8:06of that. You need to let somebody know
  271. 8:08that you can do something for them and
  272. 8:10ask them if they want you to do it for
  273. 8:11them for money.
  274. 8:13If you like this video and you're
  275. 8:14business owner who wants to break
  276. 8:15through your current revenue ceiling, I
  277. 8:16distilled every lesson from scaling 10
  278. 8:18businesses past 10 million and three
  279. 8:19businesses past 100 million into a
  280. 8:21completely free scaling road map that
  281. 8:23I've used to go from zero to one, zero
  282. 8:25to 10, and zero to 100 plus. And so you
  283. 8:27can click here and you can check it out.
  284. 8:28Again, absolutely free and since you're
  285. 8:30business owner I appreciate you and
  286. 8:32enjoy.

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