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If I Lost Everything, I'd Do THIS To Reach $10,000/Month ASAP — Transcript

by Mark Tilbury · 3,011 words · 435 segments · language en · Watch on YouTube

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0:00So, you want to make $10,000 a month,
0:02but you don't know which route to take.
0:04Most people take the traditional route.
0:06They go to school, study hard for their
0:08exams, get good grades, go to
0:11university, and then get a 9-5 job.
0:15Sorry to burst your bubble, but the
0:16average person makes $63,795
0:20per year, according to the latest data
0:23from the Social Security Administration.
0:25That's $5,316
0:28per month. So, nowhere near goal of
0:30$10,000 a month. Even worse, this data
0:33includes people who've been in the game
0:35for ages. So, if you're just starting
0:37out in your 20s, you'll probably be
0:39making way less than 5K a month if you
0:41stick to this old-school path. But, hey,
0:44let's say somehow you hit the jackpot
0:46and score a 9-5 gig that pays you 10K a
0:48month. Maybe you become a hotshot doctor
0:51or lawyer. Sounds great, right? Well,
0:53not so fast. You'll still be trading
0:55away your time and freedom for that
0:57paycheck. This was the route that my
0:59parents expected me to follow. They
1:01believed it was the only way to a secure
1:03future. Maybe some of you are sitting
1:05there right now feeling that same
1:07pressure with your parents expecting the
1:10same of you. However, deep down, you
1:12feel like there must be a faster way you
1:14can make over 10K per month with more
1:16freedom. And that's exactly where
1:19the new route comes in. Don't worry, I
1:22know this sounds like it's leading up to
1:23some sort of sales pitch, but I'm not
1:25going to try and sell you anything. So,
1:27feel free to relax. You can follow this
1:29route completely for free. And how you
1:31navigate it will depend on you. Many
1:34successful people like Steven Bartlett,
1:36Joe Fazer, and Ali Abdaal are taking
1:38this route already, but they aren't
1:40really talking about it. It also doesn't
1:42matter how old you are. You can switch
1:44to this new route no matter what stage
1:46of the traditional route you're
1:47currently on. However, the longer you
1:49wait, the tougher it gets to make that
1:51big jump. Why? Well, as you keep going
1:54down this usual path, life starts piling
1:57on more stuff. You know, like a
1:59mortgage, a partner, kids, the whole
2:01shebang. Don't get me wrong, you can
2:03still switch gears at any stage, but
2:05trust me, it's way easier if you do it
2:08sooner rather than later. I left school
2:10with no money or qualifications, so I
2:12was forced down this route early on, and
2:15I believe that's one of the key reasons
2:17I became a millionaire in my 20s and
2:19have been able to compound that wealth
2:21ever since. Hopefully, you're convinced
2:23that this new route to making a over
2:25$10,000 per month is at least worth
2:27learning about. So, let me break down
2:29the three steps involved. Step one is
2:32consume. Believe it or not, you don't
2:34know everything. If you think you do,
2:37then you're delusional and arrogant. So,
2:39what's the solution to this? It's
2:41simple, consuming knowledge. Think of it
2:44this way, it's like gathering resources
2:46in Minecraft. You need the right
2:48materials to build, survive, and
2:50ultimately conquer. However, the
2:52education system never really teach you
2:55how to find information worth consuming.
2:57It's not as simple as reading a boring
2:59textbook or a quick Google search. So,
3:02here's some advice. Before you even
3:04reach for your laptop, you need to
3:05identify what you want to learn. This
3:08needs to be some kind of high-income
3:10skill. Some examples that come to mind
3:12are video editing, high-ticket sales,
3:14web design, coding, graphic design, and
3:17copywriting. Honestly, there are so many
3:20out there. Just pick one that you feel
3:22you'd already have a little bit of a
3:23natural gift for. It's always easier to
3:26sharpen a strength than develop a
3:28weakness. Once you've narrowed it down,
3:30this area will become your focus. Now,
3:32you need time to seek out credible
3:34sources. I know I'm biased, but I think
3:36the best place to do this is on YouTube.
3:39Find some trustworthy experts with large
3:41audiences. Watch their videos and note
3:44down their key points. You need to
3:46extract the key information, not copy
3:49down their life story. Ask yourself,
3:51what point is that person actually
3:53making and what lesson is behind their
3:55story or experience. Once you've done
3:57that and your notes are looking solid,
3:59I'd start to look at the types of people
4:01that are watching and engaging with that
4:03content. If you notice they have a
4:05strong community, then get stuck in. I'd
4:08even go the extra mile and head over to
4:09Reddit and Discord. This way, you'll be
4:12able to connect with people that are
4:13passionate about the same niche as you.
4:15Engage with them, ask questions and
4:18learn from their experiences. I
4:19guarantee you, joining these types of
4:21groups will give you a proper insight
4:23into the real struggles that people are
4:25facing, which is far more valuable than
4:27watching only the creator's videos. It's
4:30one thing to learn from top creators
4:31online, but when you dive into these
4:33communities, you get a front row seat to
4:36see what's really going on, giving you
4:38access to priceless knowledge. Trust me,
4:41this will come in very handy later on. A
4:43word of warning though, it can be very
4:45easy to fall into the trap of only
4:47watching one person or even just
4:49watching YouTube videos. If you want to
4:52get the most from this, then you need to
4:53be consuming from a variety of different
4:55people and mediums. In other words, you
4:58really shouldn't be shying away from
5:00books. I'm a huge fan of books. They're
5:02like a shortcut to someone's entire life
5:04experience, but I'm dyslexic, so plowing
5:07through a whole book can be a real pain
5:09sometimes. That's why I'm all about
5:11these short-form guides. For me,
5:13short-form is the go-to for diving deep
5:16into books like The Intelligent Investor
5:18and gaining in-depth insights. They're
5:20the best summary service out there and
5:22let me learn from five books in the time
5:24to read one. I'll drop a link in the
5:26description that you can use to try it
5:28for free and get 20% off. Step two is
5:30apply. If you want to get rich, then you
5:33have to apply the things you consume.
5:35This is super important as you need to
5:37get out there in the real world and test
5:38what you've learned. The best way to do
5:40this is to consume, then apply, consume
5:43some more, and then apply again. It's a
5:45cycle that only stops when you want to
5:47stop progressing. Let's say you've
5:49decided to consume content on coding.
5:52Now is the time to make your first
5:53simple app. It sounds daunting and at
5:56first, you're probably going to suck,
5:58but that's okay. You've got to give
6:00yourself permission to fail. Mark
6:02Zuckerberg didn't create Facebook for
6:03his first project. J.K. Rowling got
6:06rejected 12 times before she published
6:09Harry Potter and Beyoncé made hundreds
6:12of songs before her first smash hit. In
6:14the words of Mark Zucker berg himself,
6:16"The greatest successes come from having
6:18the freedom to fail." As soon as you
6:20feel confident enough, start charging
6:22for your skills. If you edit videos,
6:24then take on a few lower paying clients
6:27at first and work your way up. Just
6:29think, all you need to do is get five
6:31clients paying $2,000 a month or 10
6:34clients paying $1,000 a month for your
6:36video editing services and you've
6:38already hit the 10K per month target.
6:41The better you get, the more you'll be
6:43able to charge and the easier it will be
6:45to make more and more money. However,
6:47this is a game of diminishing returns,
6:50meaning the hours you put in learning
6:51the skill at the start will have more
6:53impact on your income than the hours
6:55later down the line. It's like when you
6:57first start to work out at the gym, you
6:59get newbie gains. It's best to consume
7:02and apply until you get to the point
7:03where you aren't noticing an increase in
7:05the amount you're able to charge for
7:07your services. This is how you know
7:09you've reached pretty much expert
7:11status. During this time, make sure to
7:13keep note of all the challenges you face
7:16and problems you overcome. These will
7:18become stories you can draw on heavily
7:20in the future. Believe it or not, during
7:23the apply stage, the most important
7:25thing you're gaining isn't the money,
7:27but instead the experiences themselves.
7:29Once you're an expert in a specific high
7:31income skill, it can be very easy to get
7:33stuck here trading every hour you have
7:36to earn 10K per month, but remember, the
7:39goal isn't to reach 10K and lose all
7:41your freedom. So, instead, I recommend
7:43doing these two things. Firstly, start
7:46to scale your high-income skill into a
7:48real business. I know you might be
7:49thinking, "It's already a business."
7:51But, if you have to be working to
7:53generate income, then the truth is you
7:56just have a high-paying job. So, how can
7:58you scale a high-income skill into a
8:00proper business? Well, I know a guy that
8:03started editing shorts for YouTubers. He
8:05was working every hour under the sun.
8:07However, one day, he just got fed up
8:10with working all the time and not having
8:12the freedom to take vacations. So, he
8:14started to note down all the steps he
8:16would take to make the shorts. From the
8:18way he selected the clips to the font he
8:20used and the time of day he posted to
8:22social media. He didn't know it at the
8:25time, but he was creating a system. He
8:27realized that he wasn't going to be able
8:29to find someone to do all the tasks like
8:31him. However, he could split the tasks
8:34into separate jobs such as time stamper,
8:37text editor, and poster. This way, he
8:39could find far less skilled people to
8:41fill in the roles for him. So, he could
8:43focus on the quality control and take on
8:46more clients. You can do this with any
8:48high-income skill. The system will also
8:50become super useful for the next thing I
8:52highly recommend doing, teaching others
8:55your high-income skill. That brings me
8:57on to step three, educate. Most of the
9:00young millionaires that have gained
9:01success recently have made their
9:03fortunes teaching others. I'm talking
9:05Iman Gadzhi, Ali Abdaal, Graham Stephan,
9:08the list goes on. The education industry
9:11is booming, and I believe everyone
9:13making decent money from some kind of
9:15high-income skill should also have an
9:17education business. I mean, just imagine
9:19you created a course that you sold for
9:21$100. All you'd have to do is sell that
9:24course 100 times in a month, and you'd
9:26hit that 10K per month. The great thing
9:28is you only have to make it once, and
9:30then you can sell it again and again,
9:32getting your freedom and time back.
9:34Education products don't just have to be
9:36online courses. You could also start
9:39exclusive membership sites, subscription
9:41podcasts, communities, personalized
9:44coaching, and more. These types of
9:46businesses are extremely cost-effective
9:48to set up and run. They also have the
9:50upside of being extremely scalable as
9:52they generate predictable reoccurring
9:54revenue. Now, reoccurring revenue is the
9:57holy grail in the business world. I
9:59mean, there's a reason why everything is
10:01turning into a subscription nowadays. If
10:03you know how much money is coming in
10:05every month, then it gives you the
10:07confidence you need to expand your
10:09business and eventually hire people
10:11without worrying too much about your
10:13cash flow. I know multiple people making
10:15millions using this business model all
10:17from their laptop. Look, I know it might
10:19sound super complicated, but all you
10:22have to do is sign up to an all-in-one
10:24platform like Kajabi, and they'll handle
10:26all the business stuff for you so you
10:28can focus on creating your education
10:30products. Just make sure the platform
10:32you choose to host your course or
10:33community doesn't take a cut from your
10:35revenue and that everything remains
10:37controlled and owned by you. That's why
10:39I like Kajabi as you keep 100% of what
10:42you earn. They also give you lots of
10:44analytic tools, easy payment options,
10:47email marketing tools, and customizable
10:49website templates all built in. To build
10:52a successful business on Kajabi, all you
10:54need is 10,000 loyal fans buying a $100
10:57product and you've got a million-dollar
11:00education business. I'll talk about how
11:02you can build an audience like this in a
11:04second. I reached out to Kajabi to see
11:06if they'd be interested in sponsoring
11:08this portion of the video. They agreed
11:10and are offering a free 30-day trial to
11:13start your business if you go to
11:15kajabi.com/mark.
11:17So, feel free to head over there and
11:19sign up. Once you're ready to host your
11:21education product and make some
11:23predictable reoccurring revenue, you
11:25might be thinking that giving away your
11:26secrets will impact your earnings.
11:28However, honestly, only a very small
11:31percentage of people actually take
11:32action. That's what separates us from
11:35most people. And honestly, if you don't
11:38teach others, then someone else will.
11:40But why would someone listen to you and
11:42not someone older and more experienced?
11:45Relatability. It's as simple as that.
11:48You've recently been in their shoes and
11:50can relate to how they're feeling much
11:52better than an old professor that's
11:53teaching from textbooks. That's part of
11:55the reason my channel has been so
11:57successful. I've been there and done it.
11:59I know what it's like starting with no
12:01money or qualifications, and I put in
12:04the hard work. That's why you can't just
12:06skip to this step before actually
12:08applying what you consume online. There
12:10are too many parrots out there. Your
12:12real stories and experiences will make
12:14you stand out. But what if I get lots of
12:17hate? Look, what's scarier to you?
12:20Looking back 10 years from now, seeing
12:22your life exactly as it is, the same
12:24job, same income, same routine, or
12:27facing a few harsh comments online? To
12:30build any kind of audience online,
12:32you're going to have to deal with a
12:33small group of people who don't like
12:35you. But that's how you know you're
12:37doing it right. The worst thing to be is
12:39vanilla. So, how can you actually build
12:42an audience and educate people through
12:43your experiences? Most people will tell
12:45you to start with your story. But the
12:48issue with this is that no one actually
12:50knows who you are yet. You don't have
12:52that social presence online to make
12:54people care. Sure, sometimes out of the
12:57blue these videos can hit an algorithm,
12:59but these people never build a lasting
13:01following. I would personally start with
13:03posting content that directly speaks to
13:06your audience and their needs. You could
13:08do a combination of videos, blog posts,
13:11or tweets. You need to talk about a
13:13shared problem and teach people how to
13:16fix that problem through actionable
13:18advice. Really think back to when you
13:19started and all the problems you were
13:21facing. This is your superpower as you
13:23can really tap into their thoughts. When
13:26people scroll through social media, the
13:28posts that make them stop are often the
13:30posts that make them feel something.
13:32Posts that hit that emotional trigger.
13:34So, hit them hard in your first line.
13:37Make them stop and think, "Wow, this is
13:39just how I feel." One of the best tips
13:41is to use something I created called the
13:43Impact Principle. I is for inspire. You
13:47want your audience to feel motivated by
13:49your story, showing them that change is
13:51possible. M is for message. You should
13:54always try to have a clear and concise
13:56message that's not only easy to
13:58understand, but easy to remember. Every
14:01time they think of that message, they'll
14:03think of you and your content. P is for
14:05practical. You should always be
14:07providing actionable steps that they can
14:10take immediately to improve their
14:11situation. Forget all that mindset
14:14stuff, that's not helping anyone. A is
14:16for authentic. You should always be
14:18yourself and speak about your own
14:19experiences from the apply stage to
14:22really resonate with your audience. C is
14:25for connection. You need to build a
14:27really strong connection with your
14:29audience by addressing their needs and
14:31concerns. So, reply to comments, and
14:33within C is another C really,
14:36conversation. You need to be creating a
14:38conversation to help build a strong,
14:40haha, you guessed it, community. All the
14:43C's, there's so many. Lastly, we have T,
14:47which is for timing. I know what you're
14:48thinking, finding the best time to post
14:51using stats. Nope, that's not what I'm
14:53about to say. For timing, it's more
14:56about releasing your content at the
14:58right time to maximize its relevance and
15:00impact. So, jump on trends and follow
15:03the news so you stay relevant. It's all
15:05about catching and riding the waves
15:07which will shed light on your other
15:09content. If you aren't comfortable
15:10sitting down in front of a camera and
15:12talking, that isn't the only strategy
15:15that works. Look at people like Steven
15:17Bartlett. He failed at vlogging for many
15:19years, and then he started his podcast,
15:22Diary of a CEO. He now gets the experts
15:25on and draws out their insights for his
15:27audience. There is no right way to go
15:29about it. It's just trial and error
15:32until you find what works for you. So,
15:34don't be afraid to try a few different
15:36approaches. So, are you going to keep
15:38going down the traditional route or are
15:40you going to hop on to the new route and
15:42start making over a 10k a month? I'll
15:44leave that down to you. If you want to
15:46know the seven things to avoid if you
15:48want to get rich, then I'll leave that
15:50video right up there. But don't click on
15:52it just yet. Make sure to subscribe if
15:54you want to grow your wealth, okay?
15:56I'll see you over there.

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