how to get out of a slump and make $3-5K asap — Transcript
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- 0:00If you're stuck and need to make a few
- 0:01thousand in a couple of days. Here's
- 0:03exactly how I do it. The document at the
- 0:04top of the description includes all of
- 0:06this. You don't need to send me your
- 0:07email address. I have no payw wall, no
- 0:09nothing. And I even include copypaste
- 0:10templates that you can send to various
- 0:12people, business associates, contacts,
- 0:13and more. Now, in order to pull yourself
- 0:15out of poverty, as I did, what you need
- 0:17to do is you need to understand the
- 0:18concept of a warmth ladder. This is an
- 0:21image that I got off of Google images.
- 0:23It's not very important whatsoever, but
- 0:24it is going to allow me to illustrate
- 0:26three steps. And if you understand this
- 0:27warmth ladder and if you understand
- 0:28these three steps, you guys are going to
- 0:30be able to apply this to any business,
- 0:32any entrepreneurial pursuit or even any
- 0:34freelancing career or job. Okay? So the
- 0:36warmth ladder is composed of the top,
- 0:40the middle,
- 0:42and the bottom.
- 0:45And what you need to do in order to make
- 0:46as much money as humanly possible in a
- 0:48short a period of time, and remember
- 0:49that I'm not talking about doing this
- 0:51sustainably. All I'm talking about is
- 0:52digging yourself out of a hole, getting
- 0:54yourself the oxygen to breathe. You need
- 0:56to start at the top and work your way
- 0:57down. Now, who lives up at the top?
- 0:59People at the top are people that have
- 1:01paid you before. These are level one.
- 1:05If somebody has paid you before, what
- 1:07that means is that they probably like
- 1:10you. They probably trust you. You
- 1:13probably have their contact info. And
- 1:16you probably as well have their payment
- 1:18info or they have yours. Every one of
- 1:21these steps is crucial. And every one of
- 1:23them are often hurdles that prevent you
- 1:25from being able to close a deal or make
- 1:26some money. If somebody doesn't like
- 1:28you, probability they're going to want
- 1:29to pay you money is low. If somebody
- 1:31doesn't trust you, probability that they
- 1:32believe you will be able to fulfill your
- 1:34end of the deal is very low. If you
- 1:35don't have their contact information and
- 1:37they don't have yours, obviously it'll
- 1:39be difficult to communicate the
- 1:40contract. And if you don't have any sort
- 1:41of payment information, if they don't
- 1:43have yours, then you're giving them an
- 1:44additional hurdle or an additional level
- 1:46of friction to negotiating a payment
- 1:47with you. So, what you do is you
- 1:49assemble a list of everybody that has
- 1:51literally ever paid you anything. The
- 1:53quickest and easiest way to do this is
- 1:54go to sheets.new. That's how you make a
- 1:56Google sheet really quickly. Okay? Get
- 1:58the contact name, get the contact
- 2:00details. If it's through phone or email,
- 2:02this is where you write it. And then, if
- 2:04they owned a company or were affiliated
- 2:05with a company, write down their company
- 2:07right over here. Okay? And the way that
- 2:08I did this, the way that I pulled myself
- 2:10out of poverty a few years ago and I was
- 2:11uh in a rough spot was I grabbed my
- 2:13phone and I went through the contact
- 2:14list on my phone top to bottom. I found
- 2:16everybody that had ever paid me any
- 2:17money whatsoever and I wrote their name
- 2:19here. So Peter Peter's phone number was
- 2:216045005000
- 2:23and the company was I don't know 1
- 2:25second copy. Okay. I would go through
- 2:27this process until I exhausted my
- 2:29contact list. Once I was done with that,
- 2:31I then opened up my Facebook account and
- 2:32I went through all of my contacts there.
- 2:34At the end of this process, okay, you'll
- 2:36have most likely, unless you are, I
- 2:38don't know, 15 or 16 or something,
- 2:40you've never held down a job before,
- 2:41you'll probably have a list of people
- 2:43that have paid you in either a freelance
- 2:44capacity, an entrepreneurial capacity,
- 2:47uh, a job capacity, so professional
- 2:49actual employment, or some other
- 2:51capacity. And when I'm saying any
- 2:52capacity here, I literally mean this
- 2:54could be like your friend's uncle that
- 2:55hired you for a demolition job one week.
- 2:57All you're doing right now is you're
- 2:58just assembling all of your assets.
- 3:00Okay? Once you have this list, okay,
- 3:03send them a message that looks something
- 3:05like what I'm including in this
- 3:07document. In my case, I wrote, "Hey,
- 3:09first name. Had a lot of fun building
- 3:11thing for you. I know this is a bold
- 3:12ask, but I was thinking about your
- 3:14company and the way you're doing some
- 3:15process. Believe there's an opportunity
- 3:17for you to make an additional certain
- 3:18amount of money. I do thing and I'm
- 3:21confident I'd be able to fix this for
- 3:22you. It' require no additional work on
- 3:23your end. I'd scope and even finance the
- 3:25systems up front and I could do it under
- 3:27time period. All I ask is that you give
- 3:29me the opportunity to work with you
- 3:30again because you were one of my
- 3:31favorite clients or you were one of my
- 3:33favorite employers or you were one of my
- 3:34favorite whatever. Let me know if you're
- 3:36open to this idea. Do you think that
- 3:38this is stupid? Do you think that this
- 3:39is not going to work? Well, you'd be
- 3:41right. The vast majority of the people
- 3:42you send this to will probably not
- 3:44respond any kind or at least not in the
- 3:45way that you want them to. But that's
- 3:47life. The vast majority of any form of
- 3:49business development goes unseen and
- 3:51completely unviewed. Usually, it's
- 3:53between 50 to 70%. So, you can piss 50
- 3:56to 70% of these messages right down the
- 3:58tubes right now. But that's okay. The
- 4:00vast majority of the time, making
- 4:01connections and building any sort of
- 4:03business is a numbers game, and you just
- 4:05need to play that numbers game. You need
- 4:06to not be afraid of what they're going
- 4:08to say or how people are going to think
- 4:10of you or whatever and discard those
- 4:12notions completely. The only thing
- 4:14you're trying to do right now is make
- 4:15money. Okay. Okay. So, once you've
- 4:17assembled this list of top people on the
- 4:19warmth ladder, aka people that like,
- 4:21trust, um, have given you their contact
- 4:23information and who likely have your
- 4:24payment information and you theirs, you
- 4:26can move on to the middle. [snorts]
- 4:28These people haven't paid you before,
- 4:30but they've been solicited by you
- 4:32before. Okay. What I mean by this is
- 4:35whereas the first category like trusted
- 4:38um, had contact information and payment
- 4:40information. Okay. This category may or
- 4:42may not like you. Okay. They may or may
- 4:45not trust you,
- 4:47but you have their contact information
- 4:51and you may or may not have their
- 4:53payment information depending on whether
- 4:54or not I don't know you sent them an
- 4:55invoice or something like that. Okay?
- 4:57So, you sort of have like one of the
- 4:58four. What do you do here? Well, it's
- 5:00very easy. You start by assembling a
- 5:03list of people who you have attempted to
- 5:05solicit before. Okay? You call this the
- 5:08top of the ladder. Then you have the
- 5:10middle of the ladder right here. Then
- 5:12you have the bottom of the ladder. And
- 5:14all you do is you just reproduce this
- 5:15process. Okay? Once you're done with
- 5:17that, send them this form of outreach.
- 5:20This form of outreach, while similar, is
- 5:22a little bit different because now you
- 5:23have to demonstrate that you are in some
- 5:25way, shape, or form uh somebody that is
- 5:27qualified to do this. Hey, first name. I
- 5:29know we fell out of touch, but I have
- 5:30something for you. I was thinking about
- 5:31company and the way you're doing process
- 5:32and believe there's an opportunity for
- 5:34you to make an additional certain amount
- 5:35of money. I do thing and I've solved
- 5:37this before many times actually. I'm
- 5:39confident I'd be able to fix this for
- 5:40you. It require no additional work on
- 5:42your end. I'd scope and even finance the
- 5:43systems upfront and I could do it under
- 5:45time period. All I ask is that if I do
- 5:47this for you, you'd give me the
- 5:48opportunity to work with you on our
- 5:50original project or a variant thereof
- 5:52because I really like how company looks
- 5:53and sounds and I have a feeling I'd be a
- 5:55significant value ad and return on
- 5:57investment. Let me know if you're open
- 5:59to this idea. Again, do you think this
- 6:01is going to work? Does this sound really
- 6:02stupid? No. The vast majority of these
- 6:04messages will not work. But you only
- 6:06need a few of these to work. You only
- 6:08need a few of these to open a door to a
- 6:09conversation where you can actually
- 6:10drive a return on investment. Because
- 6:12whatever this return on investment is,
- 6:14let's say you think you could make
- 6:15somebody $10,000 through, I don't know,
- 6:17fixing their lead gen or doing some
- 6:19marketing for them or solving some very
- 6:20low hanging fruit that they don't have
- 6:21the time to take care of themselves cuz
- 6:22they're a busy successful business owner
- 6:24and you clearly aren't. Well, guess
- 6:26what? If you can solve a problem that's
- 6:28worth 10K for somebody, you can charge
- 6:30about 20 to 30% of that amount. It only
- 6:34takes one of them to pay you $3,000
- 6:36before you're good to go. Okay. All
- 6:38right. Once you're done with that
- 6:39process, guess what we do for the bottom
- 6:41of the ladder? Well, people at the
- 6:43bottom of the ladder, okay, are people
- 6:44that you've never talked to. These are
- 6:47people that are totally new. These are
- 6:49people that we would in the business
- 6:51consider cold. These people don't like
- 6:54you. They definitely don't trust you.
- 6:57They definitely don't have your contact
- 7:00information. You probably don't have
- 7:01theirs. And they most definitely do not
- 7:03have their payment info. So, what do you
- 7:05have to do? We need to find a way to get
- 7:06their contact information. There's many
- 7:08ways to do so. You can do so via
- 7:09LinkedIn. I just published a video on
- 7:10how to do this with email a few days
- 7:11ago. Feel free to take a look at that.
- 7:13But once you're done, what you do is you
- 7:14compile a list of the most likely
- 7:16candidates. Maybe you start with second
- 7:18connections on LinkedIn or third
- 7:19connections or people that are within
- 7:20your network. Okay? And you just repeat
- 7:22this process again. You send them some
- 7:25message that looks something like this.
- 7:27Hey, first name. I'm a big fan of thing
- 7:29and wanted to give you something. Okay?
- 7:31You have to buy their attention a little
- 7:32bit more because you're not related to
- 7:33them. You have no connection. I do thing
- 7:35and have worked with big social proof or
- 7:37generated big social proof. If you don't
- 7:39have social proof and you don't know
- 7:40what social proof you can have, I have
- 7:42videos on that as well. You can check.
- 7:44No, it's the first time we're talking,
- 7:45but I went through company and believe
- 7:47there's an opportunity to make an
- 7:48additional amount. Here's how you can do
- 7:49it. And what you do is you actually
- 7:51solve their problem or at least you give
- 7:53them a high level overview of how you'd
- 7:54solve their problem and then you give it
- 7:55to them. So, if you're doing this over a
- 7:57LinkedIn DM or an email or hell, even a
- 7:59phone call or something, you would
- 8:00actually have prepared something for
- 8:01them to give to them. Remember, these
- 8:03people don't like you. They don't trust
- 8:05you. They have no idea who the heck you
- 8:07are. You could be some scammer prince or
- 8:09something like that trying to get them
- 8:10to wire a bunch of funds to their
- 8:11illicit address. You need something that
- 8:13proves that you aren't. And right now,
- 8:15the way to prove that you aren't is by
- 8:16doing a little bit of work up front. But
- 8:18once you've done this, as you can see,
- 8:20everything else looks really similar.
- 8:21I've fixed this before many times
- 8:23actually, and I'm confident I'd be able
- 8:24to do it for you, too. Would require no
- 8:25additional work on your end. I'd scope
- 8:26and even finance the systems up front. I
- 8:28could do it under time period. All I ask
- 8:30is that if I do this for you, give me an
- 8:31opportunity to work with you down the
- 8:32line. From what I've seen of company, I
- 8:34love your direction. Know you'd be a
- 8:35significant value ad and ROI.
- 8:36Alternatively, you can take what I've
- 8:37given you above and implement within
- 8:38company. That's totally fine, too. Just
- 8:40wanted to offer some value. Thanks for
- 8:41the time. Okay, this is it. This is
- 8:44really how complicated it is in order to
- 8:46make money. When I was absolutely dead
- 8:48broke and I was going door to door to
- 8:49between 2,000 to 3,000 businesses over
- 8:51about a 3-month period or so, I had zero
- 8:53income. I was bleeding money. I mean, I
- 8:55was down to my last few hundred in my
- 8:57bank account. This is exactly what I
- 8:59did. I did this. I'm writing it now with
- 9:01the benefit of significantly more
- 9:02information, right? I can tune my
- 9:03communication in ways I know and have
- 9:05validated have worked at scale. But more
- 9:07or less, this is what you do. What you
- 9:10do not do is you do not spend all of
- 9:12your life trying to design some moonshot
- 9:14product. You do not spend day and night
- 9:16hammering away trying to invent some new
- 9:18thing that will revolutionize an
- 9:19industry. These are not things that one
- 9:21does when they're in a situation where
- 9:22they need to make a few thousand dollars
- 9:23in just a couple of days. You have much
- 9:25bigger problems. And if you solve those
- 9:27bigger problems, that will buy you the
- 9:29time to zoom out and start making
- 9:30longerterm plays that can eventually
- 9:32create the sort of generational wealth
- 9:33that you want. But right now, you've got
- 9:35a very intense bleed. And all we're
- 9:37doing is we're stemming the bleeding,
- 9:38making you that money, patching you up,
- 9:40and and sending you on your way. Okay?
- 9:42So, I've done variants of this many
- 9:43times. You guys can download this down
- 9:44below in the description. And while not
- 9:46the most polished video, hopefully it
- 9:47helps at least somebody make their first
- 9:49few thousand dollars on the internet.
- 9:50Have a lovely rest of the day. Bye.
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