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how to get out of a slump and make $3-5K asap — Transcript

by Nick Saraev · 2,434 words · 338 segments · language en · Watch on YouTube

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  1. 0:00If you're stuck and need to make a few
  2. 0:01thousand in a couple of days. Here's
  3. 0:03exactly how I do it. The document at the
  4. 0:04top of the description includes all of
  5. 0:06this. You don't need to send me your
  6. 0:07email address. I have no payw wall, no
  7. 0:09nothing. And I even include copypaste
  8. 0:10templates that you can send to various
  9. 0:12people, business associates, contacts,
  10. 0:13and more. Now, in order to pull yourself
  11. 0:15out of poverty, as I did, what you need
  12. 0:17to do is you need to understand the
  13. 0:18concept of a warmth ladder. This is an
  14. 0:21image that I got off of Google images.
  15. 0:23It's not very important whatsoever, but
  16. 0:24it is going to allow me to illustrate
  17. 0:26three steps. And if you understand this
  18. 0:27warmth ladder and if you understand
  19. 0:28these three steps, you guys are going to
  20. 0:30be able to apply this to any business,
  21. 0:32any entrepreneurial pursuit or even any
  22. 0:34freelancing career or job. Okay? So the
  23. 0:36warmth ladder is composed of the top,
  24. 0:40the middle,
  25. 0:42and the bottom.
  26. 0:45And what you need to do in order to make
  27. 0:46as much money as humanly possible in a
  28. 0:48short a period of time, and remember
  29. 0:49that I'm not talking about doing this
  30. 0:51sustainably. All I'm talking about is
  31. 0:52digging yourself out of a hole, getting
  32. 0:54yourself the oxygen to breathe. You need
  33. 0:56to start at the top and work your way
  34. 0:57down. Now, who lives up at the top?
  35. 0:59People at the top are people that have
  36. 1:01paid you before. These are level one.
  37. 1:05If somebody has paid you before, what
  38. 1:07that means is that they probably like
  39. 1:10you. They probably trust you. You
  40. 1:13probably have their contact info. And
  41. 1:16you probably as well have their payment
  42. 1:18info or they have yours. Every one of
  43. 1:21these steps is crucial. And every one of
  44. 1:23them are often hurdles that prevent you
  45. 1:25from being able to close a deal or make
  46. 1:26some money. If somebody doesn't like
  47. 1:28you, probability they're going to want
  48. 1:29to pay you money is low. If somebody
  49. 1:31doesn't trust you, probability that they
  50. 1:32believe you will be able to fulfill your
  51. 1:34end of the deal is very low. If you
  52. 1:35don't have their contact information and
  53. 1:37they don't have yours, obviously it'll
  54. 1:39be difficult to communicate the
  55. 1:40contract. And if you don't have any sort
  56. 1:41of payment information, if they don't
  57. 1:43have yours, then you're giving them an
  58. 1:44additional hurdle or an additional level
  59. 1:46of friction to negotiating a payment
  60. 1:47with you. So, what you do is you
  61. 1:49assemble a list of everybody that has
  62. 1:51literally ever paid you anything. The
  63. 1:53quickest and easiest way to do this is
  64. 1:54go to sheets.new. That's how you make a
  65. 1:56Google sheet really quickly. Okay? Get
  66. 1:58the contact name, get the contact
  67. 2:00details. If it's through phone or email,
  68. 2:02this is where you write it. And then, if
  69. 2:04they owned a company or were affiliated
  70. 2:05with a company, write down their company
  71. 2:07right over here. Okay? And the way that
  72. 2:08I did this, the way that I pulled myself
  73. 2:10out of poverty a few years ago and I was
  74. 2:11uh in a rough spot was I grabbed my
  75. 2:13phone and I went through the contact
  76. 2:14list on my phone top to bottom. I found
  77. 2:16everybody that had ever paid me any
  78. 2:17money whatsoever and I wrote their name
  79. 2:19here. So Peter Peter's phone number was
  80. 2:216045005000
  81. 2:23and the company was I don't know 1
  82. 2:25second copy. Okay. I would go through
  83. 2:27this process until I exhausted my
  84. 2:29contact list. Once I was done with that,
  85. 2:31I then opened up my Facebook account and
  86. 2:32I went through all of my contacts there.
  87. 2:34At the end of this process, okay, you'll
  88. 2:36have most likely, unless you are, I
  89. 2:38don't know, 15 or 16 or something,
  90. 2:40you've never held down a job before,
  91. 2:41you'll probably have a list of people
  92. 2:43that have paid you in either a freelance
  93. 2:44capacity, an entrepreneurial capacity,
  94. 2:47uh, a job capacity, so professional
  95. 2:49actual employment, or some other
  96. 2:51capacity. And when I'm saying any
  97. 2:52capacity here, I literally mean this
  98. 2:54could be like your friend's uncle that
  99. 2:55hired you for a demolition job one week.
  100. 2:57All you're doing right now is you're
  101. 2:58just assembling all of your assets.
  102. 3:00Okay? Once you have this list, okay,
  103. 3:03send them a message that looks something
  104. 3:05like what I'm including in this
  105. 3:07document. In my case, I wrote, "Hey,
  106. 3:09first name. Had a lot of fun building
  107. 3:11thing for you. I know this is a bold
  108. 3:12ask, but I was thinking about your
  109. 3:14company and the way you're doing some
  110. 3:15process. Believe there's an opportunity
  111. 3:17for you to make an additional certain
  112. 3:18amount of money. I do thing and I'm
  113. 3:21confident I'd be able to fix this for
  114. 3:22you. It' require no additional work on
  115. 3:23your end. I'd scope and even finance the
  116. 3:25systems up front and I could do it under
  117. 3:27time period. All I ask is that you give
  118. 3:29me the opportunity to work with you
  119. 3:30again because you were one of my
  120. 3:31favorite clients or you were one of my
  121. 3:33favorite employers or you were one of my
  122. 3:34favorite whatever. Let me know if you're
  123. 3:36open to this idea. Do you think that
  124. 3:38this is stupid? Do you think that this
  125. 3:39is not going to work? Well, you'd be
  126. 3:41right. The vast majority of the people
  127. 3:42you send this to will probably not
  128. 3:44respond any kind or at least not in the
  129. 3:45way that you want them to. But that's
  130. 3:47life. The vast majority of any form of
  131. 3:49business development goes unseen and
  132. 3:51completely unviewed. Usually, it's
  133. 3:53between 50 to 70%. So, you can piss 50
  134. 3:56to 70% of these messages right down the
  135. 3:58tubes right now. But that's okay. The
  136. 4:00vast majority of the time, making
  137. 4:01connections and building any sort of
  138. 4:03business is a numbers game, and you just
  139. 4:05need to play that numbers game. You need
  140. 4:06to not be afraid of what they're going
  141. 4:08to say or how people are going to think
  142. 4:10of you or whatever and discard those
  143. 4:12notions completely. The only thing
  144. 4:14you're trying to do right now is make
  145. 4:15money. Okay. Okay. So, once you've
  146. 4:17assembled this list of top people on the
  147. 4:19warmth ladder, aka people that like,
  148. 4:21trust, um, have given you their contact
  149. 4:23information and who likely have your
  150. 4:24payment information and you theirs, you
  151. 4:26can move on to the middle. [snorts]
  152. 4:28These people haven't paid you before,
  153. 4:30but they've been solicited by you
  154. 4:32before. Okay. What I mean by this is
  155. 4:35whereas the first category like trusted
  156. 4:38um, had contact information and payment
  157. 4:40information. Okay. This category may or
  158. 4:42may not like you. Okay. They may or may
  159. 4:45not trust you,
  160. 4:47but you have their contact information
  161. 4:51and you may or may not have their
  162. 4:53payment information depending on whether
  163. 4:54or not I don't know you sent them an
  164. 4:55invoice or something like that. Okay?
  165. 4:57So, you sort of have like one of the
  166. 4:58four. What do you do here? Well, it's
  167. 5:00very easy. You start by assembling a
  168. 5:03list of people who you have attempted to
  169. 5:05solicit before. Okay? You call this the
  170. 5:08top of the ladder. Then you have the
  171. 5:10middle of the ladder right here. Then
  172. 5:12you have the bottom of the ladder. And
  173. 5:14all you do is you just reproduce this
  174. 5:15process. Okay? Once you're done with
  175. 5:17that, send them this form of outreach.
  176. 5:20This form of outreach, while similar, is
  177. 5:22a little bit different because now you
  178. 5:23have to demonstrate that you are in some
  179. 5:25way, shape, or form uh somebody that is
  180. 5:27qualified to do this. Hey, first name. I
  181. 5:29know we fell out of touch, but I have
  182. 5:30something for you. I was thinking about
  183. 5:31company and the way you're doing process
  184. 5:32and believe there's an opportunity for
  185. 5:34you to make an additional certain amount
  186. 5:35of money. I do thing and I've solved
  187. 5:37this before many times actually. I'm
  188. 5:39confident I'd be able to fix this for
  189. 5:40you. It require no additional work on
  190. 5:42your end. I'd scope and even finance the
  191. 5:43systems upfront and I could do it under
  192. 5:45time period. All I ask is that if I do
  193. 5:47this for you, you'd give me the
  194. 5:48opportunity to work with you on our
  195. 5:50original project or a variant thereof
  196. 5:52because I really like how company looks
  197. 5:53and sounds and I have a feeling I'd be a
  198. 5:55significant value ad and return on
  199. 5:57investment. Let me know if you're open
  200. 5:59to this idea. Again, do you think this
  201. 6:01is going to work? Does this sound really
  202. 6:02stupid? No. The vast majority of these
  203. 6:04messages will not work. But you only
  204. 6:06need a few of these to work. You only
  205. 6:08need a few of these to open a door to a
  206. 6:09conversation where you can actually
  207. 6:10drive a return on investment. Because
  208. 6:12whatever this return on investment is,
  209. 6:14let's say you think you could make
  210. 6:15somebody $10,000 through, I don't know,
  211. 6:17fixing their lead gen or doing some
  212. 6:19marketing for them or solving some very
  213. 6:20low hanging fruit that they don't have
  214. 6:21the time to take care of themselves cuz
  215. 6:22they're a busy successful business owner
  216. 6:24and you clearly aren't. Well, guess
  217. 6:26what? If you can solve a problem that's
  218. 6:28worth 10K for somebody, you can charge
  219. 6:30about 20 to 30% of that amount. It only
  220. 6:34takes one of them to pay you $3,000
  221. 6:36before you're good to go. Okay. All
  222. 6:38right. Once you're done with that
  223. 6:39process, guess what we do for the bottom
  224. 6:41of the ladder? Well, people at the
  225. 6:43bottom of the ladder, okay, are people
  226. 6:44that you've never talked to. These are
  227. 6:47people that are totally new. These are
  228. 6:49people that we would in the business
  229. 6:51consider cold. These people don't like
  230. 6:54you. They definitely don't trust you.
  231. 6:57They definitely don't have your contact
  232. 7:00information. You probably don't have
  233. 7:01theirs. And they most definitely do not
  234. 7:03have their payment info. So, what do you
  235. 7:05have to do? We need to find a way to get
  236. 7:06their contact information. There's many
  237. 7:08ways to do so. You can do so via
  238. 7:09LinkedIn. I just published a video on
  239. 7:10how to do this with email a few days
  240. 7:11ago. Feel free to take a look at that.
  241. 7:13But once you're done, what you do is you
  242. 7:14compile a list of the most likely
  243. 7:16candidates. Maybe you start with second
  244. 7:18connections on LinkedIn or third
  245. 7:19connections or people that are within
  246. 7:20your network. Okay? And you just repeat
  247. 7:22this process again. You send them some
  248. 7:25message that looks something like this.
  249. 7:27Hey, first name. I'm a big fan of thing
  250. 7:29and wanted to give you something. Okay?
  251. 7:31You have to buy their attention a little
  252. 7:32bit more because you're not related to
  253. 7:33them. You have no connection. I do thing
  254. 7:35and have worked with big social proof or
  255. 7:37generated big social proof. If you don't
  256. 7:39have social proof and you don't know
  257. 7:40what social proof you can have, I have
  258. 7:42videos on that as well. You can check.
  259. 7:44No, it's the first time we're talking,
  260. 7:45but I went through company and believe
  261. 7:47there's an opportunity to make an
  262. 7:48additional amount. Here's how you can do
  263. 7:49it. And what you do is you actually
  264. 7:51solve their problem or at least you give
  265. 7:53them a high level overview of how you'd
  266. 7:54solve their problem and then you give it
  267. 7:55to them. So, if you're doing this over a
  268. 7:57LinkedIn DM or an email or hell, even a
  269. 7:59phone call or something, you would
  270. 8:00actually have prepared something for
  271. 8:01them to give to them. Remember, these
  272. 8:03people don't like you. They don't trust
  273. 8:05you. They have no idea who the heck you
  274. 8:07are. You could be some scammer prince or
  275. 8:09something like that trying to get them
  276. 8:10to wire a bunch of funds to their
  277. 8:11illicit address. You need something that
  278. 8:13proves that you aren't. And right now,
  279. 8:15the way to prove that you aren't is by
  280. 8:16doing a little bit of work up front. But
  281. 8:18once you've done this, as you can see,
  282. 8:20everything else looks really similar.
  283. 8:21I've fixed this before many times
  284. 8:23actually, and I'm confident I'd be able
  285. 8:24to do it for you, too. Would require no
  286. 8:25additional work on your end. I'd scope
  287. 8:26and even finance the systems up front. I
  288. 8:28could do it under time period. All I ask
  289. 8:30is that if I do this for you, give me an
  290. 8:31opportunity to work with you down the
  291. 8:32line. From what I've seen of company, I
  292. 8:34love your direction. Know you'd be a
  293. 8:35significant value ad and ROI.
  294. 8:36Alternatively, you can take what I've
  295. 8:37given you above and implement within
  296. 8:38company. That's totally fine, too. Just
  297. 8:40wanted to offer some value. Thanks for
  298. 8:41the time. Okay, this is it. This is
  299. 8:44really how complicated it is in order to
  300. 8:46make money. When I was absolutely dead
  301. 8:48broke and I was going door to door to
  302. 8:49between 2,000 to 3,000 businesses over
  303. 8:51about a 3-month period or so, I had zero
  304. 8:53income. I was bleeding money. I mean, I
  305. 8:55was down to my last few hundred in my
  306. 8:57bank account. This is exactly what I
  307. 8:59did. I did this. I'm writing it now with
  308. 9:01the benefit of significantly more
  309. 9:02information, right? I can tune my
  310. 9:03communication in ways I know and have
  311. 9:05validated have worked at scale. But more
  312. 9:07or less, this is what you do. What you
  313. 9:10do not do is you do not spend all of
  314. 9:12your life trying to design some moonshot
  315. 9:14product. You do not spend day and night
  316. 9:16hammering away trying to invent some new
  317. 9:18thing that will revolutionize an
  318. 9:19industry. These are not things that one
  319. 9:21does when they're in a situation where
  320. 9:22they need to make a few thousand dollars
  321. 9:23in just a couple of days. You have much
  322. 9:25bigger problems. And if you solve those
  323. 9:27bigger problems, that will buy you the
  324. 9:29time to zoom out and start making
  325. 9:30longerterm plays that can eventually
  326. 9:32create the sort of generational wealth
  327. 9:33that you want. But right now, you've got
  328. 9:35a very intense bleed. And all we're
  329. 9:37doing is we're stemming the bleeding,
  330. 9:38making you that money, patching you up,
  331. 9:40and and sending you on your way. Okay?
  332. 9:42So, I've done variants of this many
  333. 9:43times. You guys can download this down
  334. 9:44below in the description. And while not
  335. 9:46the most polished video, hopefully it
  336. 9:47helps at least somebody make their first
  337. 9:49few thousand dollars on the internet.
  338. 9:50Have a lovely rest of the day. Bye.

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