Luke Van Der Veer - SEO Expert & Entrepreneur | Ranking (and Renting) Websites With SEO — Transcript
Full transcript
- 0:00a lot of business owners think I need a
- 0:02website and as soon as I have one it's
- 0:04automatically going to bring in leads a
- 0:05website's just a business it's not doing
- 0:07anything just sitting there you could
- 0:09have a 30 000 website and it's going to
- 0:11sit on page 10 with everybody else until
- 0:13you do some Luke Luke Vander Veer
- 0:16vanderveer is earning six figures per a
- 0:18month with Rank and rent SEO we've tried
- 0:21it all but that was 24. I was working at
- 0:24GE my first nine-to-five job right
- 0:26everybody I know they're all stuck
- 0:28trading time for money we just now work
- 0:31for us just never accepted this idea I
- 0:34was like I can't I can't do this I'm not
- 0:36doing this there's got to be a way out
- 0:38Warren Buffett I really need this quote
- 0:40he's just like whatever you're paid is
- 0:42just what the market thinks your skills
- 0:44are worth so so we want to think
- 0:47I've always liked doing things on my own
- 0:48I'm like these websites looking at what
- 0:50I'm doing for the clients I'm like why
- 0:52do they have control over my time they
- 0:54have control over my time because I'm
- 0:55working for them I'm like but what are
- 0:57they getting at all they're really
- 0:58getting is the needs I'm like how can I
- 1:01have it where I've got
- 1:04it's like the perfect solution
- 1:06what was the biggest mistake that you
- 1:09made when you first started trying to
- 1:10build something yourself oh God there's
- 1:13so many mistakes
- 1:14but
- 1:17welcome to success story I'm your host
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- 2:24at hubspot.com sales
- 2:28foreign
- 2:37when I was working at GE it was my first
- 2:39real job first nine-to-five job after
- 2:42the MBA program
- 2:44at Albany and I was there for a few
- 2:48weeks trying to get used to
- 2:50that type of company
- 2:52just a true nine to five human resources
- 2:56department lots of smart people and just
- 2:58a lot of work as you'd imagine at a you
- 3:01know multinational company Six largest
- 3:03in the world or whatever at the time
- 3:04and talking to some of the different
- 3:07colleagues I noticed that most of the
- 3:10people in the department were a lot
- 3:12older than me like I was what 24.
- 3:15everybody was nearing retirement they're
- 3:18all like late 50s early 60s and person
- 3:21after person after person was telling me
- 3:23the same two themes I don't have enough
- 3:26money to retire
- 3:27or I haven't been able to do the things
- 3:30I've wanted to do over the past 35 40
- 3:32years and one woman in particular was
- 3:35one I was really close to she was the
- 3:36person who was kind of training me to
- 3:37get me up to speed to be the subject
- 3:39matter expert for the benefit stuff I
- 3:41was handling
- 3:43um and she was just talking about not
- 3:45being able to see her daughter
- 3:46and how important this was to her and I
- 3:49just kept hearing this from everybody
- 3:50and I just was sitting there adding up
- 3:52the years in my head like I don't want
- 3:55to do this for 30 40 years and not have
- 3:57money and not be able to do any of the
- 3:58stuff I want to do I want it now like
- 4:00while I'm young
- 4:02so I mean that was the thing for me it
- 4:03was just kind of a trigger like I can't
- 4:04do this I started getting immediately
- 4:06stressed I'm like I have to make a
- 4:08change so that was the thing for me I'm
- 4:11like I'm not doing this I decide to do
- 4:12something I don't know what it is yet
- 4:14but I'm going to do something you know
- 4:15you had this like you had this moment
- 4:18this like Crisis when you were just
- 4:21starting out at GE but
- 4:23the fact that you took the initiative to
- 4:25go build something
- 4:27I think it's so commendable because
- 4:28everyone has like this different
- 4:29entrepreneur story when they're like I
- 4:32just had to do it but a lot of people
- 4:34they didn't get that bug when they first
- 4:36started working a lot of people went
- 4:38through a lot of [ __ ] before they
- 4:40decided to build something themselves or
- 4:42they came from a family that was
- 4:44entrepreneurial what do you think was
- 4:46different about you that made you want
- 4:48to build something yourself like you
- 4:49have this stress this pressure a lot of
- 4:51people feel that though
- 4:52it was just the you you looked out and
- 4:55you saw the 40 years and you're like no
- 4:57I'm not doing this I can't I'm like I
- 5:00can't do it maybe it's just growing up I
- 5:03mean my my father is a small business
- 5:05owner he's a chiropractor started his
- 5:06own practice my mom would be an employee
- 5:09she's a clinical nurse specialist a
- 5:10psychiatric nurse my brothers are both
- 5:13just employees right everybody I know
- 5:16all has the same thing they all they're
- 5:18all stuck trading time for money
- 5:21and it was something I never wanted to
- 5:22do and I had never understood you know
- 5:23we go have this great time at school but
- 5:26after that we just now work forever and
- 5:28I just never accepted this idea so as
- 5:31soon as I get on there I was like I
- 5:32can't I can't do this I'm not doing this
- 5:35there's got to be a way out if I there's
- 5:36other people I see that can do this I
- 5:38don't know them but there's other people
- 5:39that are out so there's got to be a way
- 5:42I gotta find out what it is what was the
- 5:44biggest mistake that you made when you
- 5:45first started trying to build something
- 5:47yourself
- 5:49not
- 5:51oh God there's so many mistakes that's a
- 5:53trick question unlimited mistakes
- 5:55there's so many
- 5:57not clearly defining what I wanted
- 6:01so I spent years focused on just making
- 6:06money I thought money was the ticket if
- 6:08I just had a lot of money I don't have
- 6:09to work like it doesn't have to be like
- 6:12Powerball money but enough where it's
- 6:14like Millions I don't have to do
- 6:15anything then I can just hang out
- 6:17or do whatever but
- 6:19going into different business models
- 6:22like all the different things they tried
- 6:23Drop Shipping and Amazon and MLM and
- 6:26trying to create a Facebook Ad Agency
- 6:28and all these different things with
- 6:30just trying to make money
- 6:32I never really realized that time was
- 6:34what I wanted I didn't care about the
- 6:35money I want you need some but I needed
- 6:37time
- 6:38because I wanted control of what I'm
- 6:40doing with my schedule and having to ask
- 6:42somebody for permission to take vacation
- 6:45is uh it makes me feel like a kid in
- 6:48class
- 6:49right and
- 6:51building all these different business
- 6:52models and getting to a reasonable
- 6:55amount with each of them I realized that
- 6:57it I don't care about the money if I
- 6:58can't use any of it
- 7:00so I eventually found my way to
- 7:02something that gave me that time back
- 7:04but only after screwing up with so many
- 7:07models not knowing this just so didn't
- 7:09plan it out so plan it out in advance
- 7:11would have been the smart move you know
- 7:12so all the all the different things you
- 7:15tried these are all like the the the
- 7:17typical side hustles right so you talk
- 7:20to you spoke about building an agency
- 7:22Drop Shipping MLM whatever it is is the
- 7:25very typical side hustle and these can
- 7:27all be valid businesses I think that
- 7:29there were points in time when some of
- 7:32these worked better than others because
- 7:33you know you had first mover advantage
- 7:35or you know you're one of the first
- 7:37people to try the thing the Drop
- 7:39Shipping you're running a Facebook Ad
- 7:40Agency but now saturated Marketplace
- 7:42because everyone and their mother has
- 7:44tried these side hustle businesses
- 7:46but they all kind of work to a degree
- 7:48but they're they're what I have an issue
- 7:52with with all of these types of side
- 7:53hustles is for some reason they're
- 7:56marketed as passive income they're all
- 7:59marketed as passive I don't know
- 8:00actually now that I'm thinking about it
- 8:03when the concept of Entrepreneurship and
- 8:06passive ever was aligned and and in sync
- 8:11because from my experience
- 8:13entrepreneurship is like okay we'll get
- 8:16ready for 80 hours a week that's what
- 8:18you're going to be doing and I think
- 8:19it's this
- 8:20you know you look on Instagram and you
- 8:23see people that promote these types of
- 8:25things and I think to get people to buy
- 8:27into their concept they show this
- 8:30beautiful lifestyle where it's like
- 8:31working from wherever
- 8:33I have a laptop in front of a pool and I
- 8:36run a Drop Shipping business and I don't
- 8:37have to do any basically nothing and I'm
- 8:40making millions of dollars but these are
- 8:42very these are not easy businesses
- 8:44perhaps people optimize them and they
- 8:46remove some of the uh
- 8:49problems and and Logistics that a
- 8:52traditional business would require but
- 8:53it's still a business if you're building
- 8:55it if you're Building A Drop Shipping
- 8:56site you're still spinning up a website
- 8:58you're still finding product you're fi
- 9:00you're basically doing a gamut of
- 9:02marketing activities all the time you
- 9:04still have to make sure they're
- 9:05fulfillment customer service I mean Ad
- 9:07Agency is you're finding new customers
- 9:09you're running ads for them maybe
- 9:10there's some parts that can be automated
- 9:12or outsourced but it's like you still
- 9:14have a business it's still a business
- 9:16which is fine but it's hard and
- 9:18Entrepreneurship is very hard and people
- 9:20build themselves jobs right
- 9:23they've done it multiple times so I'm
- 9:25aware so you've gone through all these
- 9:27and and like when you go through them
- 9:29all like you make money but
- 9:33you're not free because when people
- 9:34build businesses they have to spend more
- 9:37time in the business they don't have
- 9:38time for their family it's like almost
- 9:40like worse
- 9:41than working a nine to five in terms of
- 9:44time and freedom
- 9:46it is it is it started with MLM that was
- 9:48kind of the first one I spent three and
- 9:50a half years on that that's the first
- 9:52one that I kind of hit and it makes
- 9:53sense because in the beginning you
- 9:55didn't have as much money well I didn't
- 9:56so it you know 400 bucks get in start
- 9:59your MLM company
- 10:01so I'm in there and I mean you you learn
- 10:05things from it I I guess it helps me
- 10:07become a little bit more
- 10:09focused on self-education I was really
- 10:11self-conscious speaking in front of
- 10:12people so I never would have done this
- 10:14in a million years
- 10:15but you know you keep screwing things up
- 10:18and I was worried about being judged but
- 10:20the people who are making all the money
- 10:21said you have to just push through that
- 10:23don't worry about it and just get good
- 10:25at this so I just kept trying to
- 10:27practice presentations or whatever I'm
- 10:29talking in front of people we're doing
- 10:30presentations to people's houses I'm
- 10:33always wearing black just in case I
- 10:34sweat like crazy and actually you know
- 10:36that I'm thinking about I'm still
- 10:37wearing black because it's ingrained in
- 10:39me now
- 10:40but just like putting all those reps in
- 10:43like made me good at that but I'm
- 10:44listening to the people on stage that
- 10:46are talking and they're saying yeah you
- 10:47know if you get up to this big team you
- 10:50can have your team working and then you
- 10:52don't have to work you could just sit
- 10:53back and relax and it's like all right
- 10:55cool so I learned how to do it I
- 10:57listened to them I go all this training
- 10:59I recruited a ton of people and I had my
- 11:02big team now so I was like all right I'm
- 11:03gonna try to do this and I just stopped
- 11:04working everybody else stopped working
- 11:06too and then I realized I'm supposed to
- 11:09be leading by example so of course if I
- 11:11stop there going to too so it was a lie
- 11:13it's like it's not really passive at no
- 11:15point can I walk away and just have them
- 11:17continue it because they're looking to
- 11:18me
- 11:19so that business model is flawed so I'm
- 11:22like okay that one's done so we try
- 11:23something else so I try eBay and I'm
- 11:26like this might be a good one sell stuff
- 11:27on Amazon and eBay and with my partner
- 11:30and I we built this up we're selling
- 11:31liquidation products we get it up to
- 11:33like 35 Grand a month but we're pilling
- 11:35we're pulling 15 hour days seven days a
- 11:37week we have no lives
- 11:39so that was another terrible thing it's
- 11:41like I don't care about 35 Grand a month
- 11:43when you have to pay taxes split it with
- 11:45him eBay fees and just all of our time
- 11:47disappears
- 11:49but it did teach me that I didn't have
- 11:52any leverage so that was something now I
- 11:54have to look for
- 11:56so it's like program after program I
- 11:58learned all the things that I was
- 11:59missing that I should have known up
- 12:00front but I didn't know and I had to
- 12:02learn it through that experience
- 12:04until finally I hit SEO
- 12:08and that was kind of the the Difference
- 12:10Maker I started investing in programs
- 12:12and mentors to learn SEO and I created
- 12:15an agency but once again like you
- 12:16mentioned created another job for myself
- 12:18I can generate leads for anybody
- 12:20anywhere but now I got all these people
- 12:22that are asking me for reports and hey
- 12:24update this picture on my website send
- 12:26me this send me that
- 12:28and it wasn't until a client called me
- 12:31at midnight on a Sunday complaining
- 12:33about his rankings which were fantastic
- 12:35where I just snapped and I was like I
- 12:37gotta find a way to get out of this
- 12:39there's got to be a way to do this where
- 12:40I don't have to be involved all the time
- 12:42I'm just laughing at somebody
- 12:43complaining about the rankings on a on a
- 12:46on a Sunday at midnight it was so he
- 12:49woke me up I was sleeping I was like I
- 12:51have a bedtime for myself he just woke
- 12:53me up out of a dead sleep I was like
- 12:55confused like what's going on I saw the
- 12:56name it's like not clicking I'm like why
- 12:58is this person calling me right now
- 13:00and he was just complaining about call
- 13:03volume and like mind you two months
- 13:06before he's on like page five or six in
- 13:08Google and like if you've ever seen the
- 13:10actual statistics on this nobody goes
- 13:12past page one
- 13:13it makes sense right you're Googling for
- 13:15something you say you want a plumber
- 13:18why am I gonna go seven pages back and
- 13:20look at 70 different companies I'm gonna
- 13:21pick one of the first few or a person
- 13:23with some good reviews I'm not going
- 13:24seven pages back I don't have time for
- 13:26that
- 13:27that's what everybody does right
- 13:29and this guy was nowhere to be found and
- 13:32I had him on page one for like 30
- 13:33different terms he's getting four five
- 13:35six seven calls a day
- 13:38from nothing before
- 13:40and now he's complaining about this I
- 13:43was like you ungrateful
- 13:46I I had some Choice words and then I
- 13:48just fired him on the spot I'm like
- 13:49you're done I'm not that's it we're done
- 13:52and then it just the next day I got up
- 13:54and I was like we got to do something
- 13:55different
- 13:56so that was kind of the transition I
- 13:58just started thinking about this and I'm
- 14:00like I can if I could do this for
- 14:01anybody why don't I just do this for all
- 14:03the same niches I'm already in with
- 14:05these clients and I will just rent the
- 14:07sites to them I own it so I'm in control
- 14:10I don't have to do reports for anybody I
- 14:12don't have to change anything because
- 14:13it's my site and then you follow my
- 14:15rules or you're done and I'll find
- 14:16somebody else because if I have the
- 14:18leads
- 14:19that's what's valuable
- 14:21so I just started trading it like a
- 14:22rental property and finding tenants
- 14:24instead of going out and finding clients
- 14:27and that little switch made it passive
- 14:29for me because now I got something I
- 14:30could just Build It Up rent it out and
- 14:32then I'm done move on to the next one so
- 14:34I want to understand this process a
- 14:35little bit I want to understand your
- 14:37mindset too because
- 14:38so the the two things that I think of
- 14:41when you so you thought build a website
- 14:44rent the whole website out to a brand
- 14:47right when you ex can you explain that
- 14:50and what I mean by explain it is a
- 14:52website has a has a brand attached to it
- 14:56how is it used for another company is it
- 14:59just your passing over leads
- 15:02yeah yeah we're just exclusive leads so
- 15:05I gotta differentiate a couple things so
- 15:07first thing
- 15:08a lot of business owners think I need a
- 15:11website and as soon as I have one it's
- 15:12automatically going to bring in leads
- 15:13which is not the case yeah a website's
- 15:16just a business card you it's not doing
- 15:18anything just sitting there you could
- 15:19have a 30 000 website and it's going to
- 15:22sit on page 10 with everybody else until
- 15:24you do some search engine optimization
- 15:26or SEO to move it up to the point where
- 15:29people see it
- 15:30so that's the first thing and then once
- 15:32you have that asset whether you know the
- 15:36business owner only said or I do Whoever
- 15:38has got that asset people are going to
- 15:40see it right if I'm ranked number one
- 15:42for New York City for the term New York
- 15:44City Plumbing when somebody needs
- 15:45Plumbing in New York City and they type
- 15:47that in they're going to see me and
- 15:48because there's a ton of people in New
- 15:50York City and everybody searches that
- 15:51term that website whoever's getting that
- 15:53traffic that's worth a crazy amount of
- 15:56money
- 15:57so if that's the business owner cool he
- 15:58could use it for himself is that to me
- 16:01I have to find a way to get that to the
- 16:03business owner so I essentially just
- 16:05started creating generic brands so I
- 16:07would create something like New York
- 16:09City Plumbing so if anybody just called
- 16:11that they're not really going to
- 16:12remember it it's not anything as a
- 16:14memorable name
- 16:15but it's generic enough where I could
- 16:18send it to another plumber and he could
- 16:20just be like oh yeah that's one of my
- 16:21marketing sites or oh yeah it's just you
- 16:23know that's that's my my DBA
- 16:26and I would just send all the leads to
- 16:28that business owner exclusively using
- 16:30some call tracking call forwarding
- 16:32software
- 16:33and then that keeps me out of it so now
- 16:35the leads are coming in from the organic
- 16:37rankings I've achieved I'm no longer
- 16:39involved because it's basically sitting
- 16:41there unless I pick a super competitive
- 16:42market
- 16:43the leads being sent from the business
- 16:46or from the the website to the business
- 16:48are out of my hands because that's all
- 16:49automated with the systems
- 16:51and the business owners just getting
- 16:53call volume so now I'm just renting the
- 16:56exclusive rights to all the leads that
- 16:58come in because I'm not a plumber but I
- 17:01could still make money off it if I treat
- 17:02it like real estate so this this
- 17:04strategy for the business owner when
- 17:07when they do this they're they're
- 17:09getting access to these leads and
- 17:12I I think it's a really it's a really
- 17:14smart idea I've never heard of it before
- 17:15but it's an incredibly smart idea to do
- 17:17this so you just know how to you know
- 17:19how to build like lead generation
- 17:21machines again and again and again
- 17:22building leading Generations
- 17:25and digital assets put on the site
- 17:27generally yeah now I I am curious though
- 17:30how your mind went to this because when
- 17:34you were when you had your SEO agency
- 17:35like why did you not just hire out uh
- 17:39like a a CEO director of operations
- 17:42higher out and operator literally the
- 17:44things we're talking about before we
- 17:45jumped on the call with private Equity
- 17:47why how did your mind go to this because
- 17:50this model I don't think I've ever
- 17:51really I've heard of lead generation
- 17:53Services of course but like it's so
- 17:55specific it's like website rental it's
- 17:59it's something new
- 18:00I just a couple things so number one I'm
- 18:05not great at dealing with people I've
- 18:07always liked doing things on my own so
- 18:09the idea of having employees and having
- 18:11to hire people
- 18:12is the opposite of anything I'd want to
- 18:14do so that's probably why that went to
- 18:16the back of my mind the other thing was
- 18:18I'm thinking these websites looking at
- 18:20what I'm doing for the clients I'm like
- 18:22why why do they have control over my
- 18:25time
- 18:26they have control over my time because
- 18:27I'm working for them
- 18:29I'm like but what are they getting out
- 18:31of it all they're really getting is the
- 18:33leads I'm like how can I have it where
- 18:36I've got the leads and I'm like I could
- 18:38just build the site and then I'm like
- 18:40okay but then I have to find a way they
- 18:42have to like rent it from me I'm like I
- 18:44guess I can just do it exclusively and
- 18:47like I knew of HomeAdvisor and thumbtack
- 18:48I know like gigantic multi-million
- 18:50dollar companies and they take leads and
- 18:53they'll sell them piecemeal to multiple
- 18:55companies
- 18:56but then it's kind of like a shared
- 18:58thing right those companies all fight
- 18:59over one lead that's not good but if I
- 19:02had everything myself and I found one
- 19:04company I could send it to it could be
- 19:06like an exclusive deal so it's a hell of
- 19:07a deal for them and then if they're
- 19:09renting it from me since I'm in control
- 19:11of it I can do whatever I want
- 19:13so now
- 19:15I have control of my time again
- 19:17so it's like the perfect it's like the
- 19:19perfect solution
- 19:20yeah and and when you build these out
- 19:24when you when you build up these sites
- 19:26because a lot of people that are
- 19:27listening to this are for sure thinking
- 19:30like I have enough time I have a hard
- 19:32enough time building out one website
- 19:34that generates leads how how is this guy
- 19:37doing it like he wakes up in the morning
- 19:39builds a site generates leads can rent
- 19:42it out like no problem because building
- 19:44out a site is like building out a
- 19:46company it is a business card but then
- 19:47you have a brand attached to it but it's
- 19:49a generic brand okay I understand that
- 19:50but you know the content the keywords
- 19:53like all the SEO pieces how much content
- 19:55how much time all these different things
- 19:57that it takes to build out this website
- 19:59generates leads but you do it like again
- 20:01and again and again and again and again
- 20:02so are there right certain categories
- 20:04certain niches that work better than
- 20:06others what's the sort of the the
- 20:08strategy because obviously going into
- 20:09this you probably it was a it was sort
- 20:11of like a thesis a working thesis now
- 20:13yeah hindsight's 2020 you kind of know
- 20:16what works what doesn't
- 20:18yeah I mean I started with the niches
- 20:19that I was already in because I had
- 20:21clients in all the niches I was doing
- 20:22I'm like let's try water damage let's
- 20:24try Roofing let's try concrete
- 20:27but I learned things about each of the
- 20:28niches as I was trying to use them and
- 20:30that a lot of them were really difficult
- 20:32and I'm noticing a thing a pattern
- 20:33between
- 20:35some of the niches and some of the city
- 20:37sizes and I started trying to narrow it
- 20:40down to see if I could find something
- 20:41where it's a niche that's high value
- 20:44something that everybody needs something
- 20:46that has a really short sales cycle so I
- 20:49can basically convince somebody to want
- 20:52to work with me fast right like for
- 20:54example if I generate leads for like
- 20:55pool construction like that's a six
- 20:57month process somebody wants to get a
- 21:00pool design they go through the design
- 21:01the construction all the stuff that's
- 21:03going to take forever so if I give that
- 21:05to a business owner he's not getting
- 21:07paid on that for months so I can't
- 21:08really convince him to do that right
- 21:10away
- 21:11and I'm knowing I'm not good at sales I
- 21:14have to find a way to do this where I
- 21:16get something really fast and they can
- 21:17see the money quick so then I can keep
- 21:20doing this
- 21:21and I mean it's kind of a crap shoot
- 21:23just testing out different niches and
- 21:25things but I've kind of narrowed it down
- 21:27into something that's phone driven so
- 21:30people are calling in for the service
- 21:32and then whatever that contractor is or
- 21:35business owner will go out to them to do
- 21:37it so not like a nail salon I want
- 21:39something where people are calling in so
- 21:40like a plumber a tree service concrete
- 21:43those are okay
- 21:44but then I also want that short sale
- 21:46cycle I want something where there's not
- 21:51a ton of competition in whatever area
- 21:52I'm doing it right like I'm not going
- 21:54straight for New York City because
- 21:55although it's worth a ton I'm gonna have
- 21:57to do so much work and compete against
- 21:59other marketing companies to do that
- 22:01and just because I can doesn't mean I
- 22:03should right I would rather find the mom
- 22:05and pop business who has no idea what
- 22:07they're doing and they put up a website
- 22:08because their best friend told them to
- 22:10and they're the person who's ranked at
- 22:12the top because I know if I go into that
- 22:14market even if I screw up everything I
- 22:16can still beat them and I also won't
- 22:18have to do very much work on going which
- 22:20is the passive piece because I don't
- 22:22want to work after I build this and get
- 22:23it all going I want it to be minimal I
- 22:26want to get it up get the thing ranked
- 22:28get it rented out and then I want to
- 22:29just be able to sit back and just
- 22:31collect checks so and it can work like
- 22:34that if you pick the right niche in the
- 22:35right market so that's I think that's a
- 22:37that's a a huge sort of
- 22:39uh that that's the secret sauce that
- 22:42makes this more of a passive thing than
- 22:44an active thing yeah it's very important
- 22:46and the reason you know when I when I
- 22:49think about this this business model I'm
- 22:51thinking like holy [ __ ] if I had 10
- 22:53websites that I'm renting out I have to
- 22:55be posting articles backlinking to these
- 22:57all the time and then so so no but
- 23:00explain that though because when you
- 23:01think SEO that's immediately what you
- 23:03think like how do you SEO a site you're
- 23:05putting up an article
- 23:06every day if you can or multiple times a
- 23:08day right because that's how you keep
- 23:10putting up new articles so this is where
- 23:11it comes down to right Niche right
- 23:13category right city right demo right
- 23:16geography because
- 23:17those don't require that level of
- 23:19commitment
- 23:20right yeah so I mean like without any
- 23:24without having experience that most
- 23:26people will pick the stuff that comes to
- 23:28mind immediately yeah right they'll pick
- 23:29the things that they think make a lot
- 23:31they'll pick concrete they'll pick trees
- 23:33plumbers electricians lawyers personal
- 23:36injury lawyers they're like oh that
- 23:37makes a ton of money yeah okay so you
- 23:40can generate leads for that but your
- 23:41work is going to be ongoing because
- 23:43you're competing against other marketing
- 23:45companies right you have to know if the
- 23:47personal injury lawyers they're paying
- 23:48thousands and thousands of dollars a
- 23:50month five ten twenty Grand a month to
- 23:53keep their website where it is
- 23:54so it's like you could do that by
- 23:57posting all these articles and
- 23:58constantly adding new links and all this
- 24:00stuff but why it's so much work instead
- 24:03we want to look at something obscure so
- 24:06personally I like blue collar stuff like
- 24:08excavation in Des Moines Iowa just some
- 24:10random Niche no it's not sexy right it's
- 24:13boring nobody cares about that and
- 24:15that's why I'd rather be there I want to
- 24:16fish where people aren't yeah so that I
- 24:18have a shot and it makes it easier and
- 24:20then I don't have to do that constant
- 24:22posting I can just throw up a site with
- 24:24a few thousand words of content I don't
- 24:26have to do the blog posts I can get some
- 24:28links going I can get all that up and
- 24:29going and once it's at the top I'm done
- 24:31there's none of this continuous blog
- 24:33posting and linking and all this and
- 24:35then I can just watch the rank tracking
- 24:36software and if it dips occasionally
- 24:38okay I'll send another link yeah but
- 24:42it's not a constant thing where I have
- 24:44to hire people to keep managing it
- 24:45that's why so what's the effort required
- 24:47like if you're actually trying to bring
- 24:49some of these like what would be the the
- 24:50ideal setup for you like how many blogs
- 24:53how long would it take you to set one of
- 24:55these up
- 24:57I mean to build a website 10 minutes now
- 25:01I mean originally the idea was I would
- 25:03build something get the website up and
- 25:04then once I had kind of a structure I
- 25:06want which is basically like a home page
- 25:08five service pages and about in a
- 25:10contact all with a ton of content
- 25:12I'm just going to take that structure
- 25:15I'm going to duplicate it or template it
- 25:18and then reuse that template over again
- 25:19now the content I have to create again
- 25:21because I don't want duplicate content
- 25:23in Google
- 25:24but that's easy enough to Outsource and
- 25:27then I could just plug and play my
- 25:29template in five minutes so then I could
- 25:32just have that done for me by somebody
- 25:34else sorts to like a VA and just repeat
- 25:37it place after place after place so my
- 25:39time is just spent trying to figure out
- 25:41what place is worth it what place should
- 25:43I do it in so I get the most right get
- 25:45the most effective use of my time so
- 25:47let's let's uh let's talk about like the
- 25:49the financials and the commercials about
- 25:52how to build up this business you build
- 25:53this out leads are coming in like how do
- 25:56you price this out like what is I'm
- 25:58super curious as like a business model
- 25:59like how you scaled this out like how
- 26:02much can you charge a business for this
- 26:04what's the potential
- 26:06um because it's it's very very again
- 26:08it's very smart and I always wonder why
- 26:10people over complicate entrepreneurship
- 26:11so I am curious about how how you
- 26:13monetize this and how much it makes you
- 26:15if you want to talk about it fine if you
- 26:16want to just give vague numbers also
- 26:18cool but I am very curious about how
- 26:19much it can make
- 26:21yeah I mean I've made several million
- 26:23with website rentals so you can
- 26:25the sky's the limit with this it's just
- 26:28how long you want to keep doing it you
- 26:29don't really need many to create a
- 26:32really big income
- 26:34um in terms of pricing I mean the
- 26:36average across the students is around
- 26:381500 bucks
- 26:39for people I've coached on this
- 26:42um
- 26:44you're kind of all over the map with
- 26:46what you want to charge my personal
- 26:47philosophy is charge enough where the
- 26:51business owner gets a pretty massive Roi
- 26:53so I like to try to give a business
- 26:54owner a minimum of a 10x Roi because at
- 26:57that point it's stupid for them not to
- 26:59use me and when I do that I find that
- 27:02it's more passive for me because they
- 27:04don't bother me because they know
- 27:05they're getting such a good deal
- 27:07so some people don't like doing that
- 27:09because they want to be able to maximize
- 27:11how much you can charge for every site I
- 27:13don't care I'll just do it over and over
- 27:15and over again so there's like competing
- 27:17thoughts on this because obviously it's
- 27:19everybody's own business you can do what
- 27:21you want with it if you have this skill
- 27:22set and you know how to use the model
- 27:23right
- 27:24but like I've seen people rent one site
- 27:27out for 6 500 bucks a month that was one
- 27:30two people worked on together super cool
- 27:33that's somebody's annual income from one
- 27:35site they just did
- 27:37most people are going like thousand
- 27:39bucks a month 1500 bucks a month but
- 27:40even at that
- 27:41thousand bucks a month is 12 Grand a
- 27:43year so five six of those and you could
- 27:45replace a full-time job for sure no and
- 27:48I've seen business owners do it I've
- 27:49seen nine to fivers do it it's just a
- 27:52way to to get to really build wealth and
- 27:54get your time back without having to put
- 27:56continuous work in it's just the work up
- 27:59front as you all know the success story
- 28:01podcast is part of the HubSpot podcast
- 28:03Network which has incredible podcasts
- 28:05for entrepreneurs Business Leaders
- 28:07people just wanting to upskill
- 28:09themselves one of my favorites that you
- 28:11need to go check out is my first million
- 28:13hosted by Sam par and Sean Perry they
- 28:16have incredible guests Alex or Mosey
- 28:18Sophia amoruso Hassan minhaj all sharing
- 28:21their secrets how they made their first
- 28:23million and how to apply their learnings
- 28:25to capitalize on today's business Trends
- 28:27and opportunity go listen to my first
- 28:30million wherever you get your podcast
- 28:32um
- 28:33I'm so curious
- 28:35I I was listening to other podcasts one
- 28:37of the stories you spoke about was a car
- 28:39wrap story yeah I want to understand
- 28:42when you were building out this this
- 28:44business concept which is super novel
- 28:46like again like it's not like you're
- 28:48going on YouTube and you're seeing
- 28:49people that are posting videos about
- 28:51again how to start a website rental
- 28:53company so you had this idea you started
- 28:57it I want to talk about you know that
- 28:59story with the car rap story but also
- 29:01like what solidified this is yes this
- 29:03makes sense for me
- 29:05yeah
- 29:06so the car wraps one I had
- 29:10um I had some ideas of what niches I
- 29:13wanted to do something obscure and it's
- 29:15just kind of going through Googling
- 29:16online like niches for I don't even
- 29:19remember the exact search term but just
- 29:20like niches for internet marketing or
- 29:22something
- 29:24um and I saw a person drive by with a
- 29:26wrapped car and I was like I wonder
- 29:27about car wraps so I started looking
- 29:29around the country I just randomly kind
- 29:32of picked Phoenix I don't really know
- 29:34what the idea was for that that was just
- 29:36a pretty random pick and just looking at
- 29:38Phoenix I saw that there wasn't a ton of
- 29:40competition
- 29:41and I was like okay well maybe I can do
- 29:43it for this one so I started Googling
- 29:45and I looked up some of the other
- 29:47companies that were kind of ranking at
- 29:48the top and I used some tools sem Rush
- 29:51is the the one I was using to just look
- 29:53at the top competitors and what keywords
- 29:55they were ranking for and I noticed that
- 29:57a lot of the words sounded like company
- 30:00names or like they could be a company
- 30:02name and then I was like all right let's
- 30:04just do something related to Arizona and
- 30:06like I probably would do this
- 30:07differently now but
- 30:09Arizona I was like all right easy I'm
- 30:11like I'll just do AZ Car Wraps so that
- 30:14was just my Great Name by the way that
- 30:15is absolutely phenomenal name oh thank
- 30:18you thank you that was a random pick
- 30:21so I was just kind of doing this and I
- 30:22built I built a site for this I'm like I
- 30:24don't know anything about car wraps so
- 30:26I'm looking at everybody else's sites
- 30:27and trying to like take all the top
- 30:28competitors and see what the
- 30:30commonalities are between what they're
- 30:31talking about and some people had like
- 30:34FAQs some people had the pricing some
- 30:37people had like service areas I'm like
- 30:39all right what if I just take all of it
- 30:40and I put it all on mine I'll just
- 30:42create like the Wikipedia of car wraps
- 30:43but I'll try to make it like a business
- 30:45and that's what I try to do so I just
- 30:48had a massive home page with like tons
- 30:50of information on it I built out
- 30:52services for all of it I had like a
- 30:53commercial page like what else can we
- 30:55use wraps for like people wrap buildings
- 30:57they wrap boats they wrap all kinds of
- 30:59things so I was like all right let's
- 31:00just write about all of it so I put all
- 31:01of it on the site and it started getting
- 31:04some organic traffic without me really
- 31:05doing anything
- 31:07and then I was like okay now how do we
- 31:09push this so I started doing the links
- 31:10and like I had this kind of experience
- 31:12for my SEO agency so I'm like let's kill
- 31:14the content first really solid
- 31:16foundation I'll make the link building
- 31:17easier so then I started building links
- 31:19to it and the thing just kind of was
- 31:21like not really doing anything for a
- 31:23while it was kind of slowly moving up
- 31:24but on the surface it's not getting any
- 31:26calls but the rankings are improving and
- 31:29then eventually around like four month
- 31:30Mark somewhere in there the rankings
- 31:32just jumped I hit page one for some of
- 31:34the really big terms in the market and
- 31:36then all of a sudden it's like flood of
- 31:38calls and I'm like oh crap I gotta find
- 31:40somebody to do this because they're like
- 31:42calling me for car wraps and I'm like I
- 31:43don't do this
- 31:44I'm like ah so my phone's like ringing
- 31:47and ringing and ringing I'm like what do
- 31:49I do with these people and so I just
- 31:50kept answering and I'm like uh yeah hey
- 31:52how can I help you and they're like I
- 31:53want this and this and this you know how
- 31:54much I'm like uh let me get back to you
- 31:56and just person after person after
- 31:58person so I'm like writing all this down
- 31:59I got all these leads I'm like cool all
- 32:02right we gotta find somebody to send
- 32:03this to so I just was looking for
- 32:05companies I'm like I can't send it to
- 32:06the top guys they don't care because
- 32:07they're already overloaded I'm like I
- 32:09gotta find somebody who's buried so I
- 32:10just went way back in the search results
- 32:12I started calling people that were like
- 32:13five six pages back in Google because
- 32:15I'm like they're not getting any
- 32:16business
- 32:17so called up those people and I was
- 32:19trying to like pitch them I'm like
- 32:20listen I got all these leads
- 32:22you gotta like you should take them this
- 32:24will help you grow your business and
- 32:26they're like who the hell is this guy
- 32:28trying to like pitch me these leads like
- 32:30this has got to be some kind of scam and
- 32:32I'm like no no I'm like just
- 32:34I'm like I'll give you them for free
- 32:36just for like one day two days I want to
- 32:39just send you some of these people and
- 32:41we'll just see how it goes they're like
- 32:42all right cool so I started forwarding
- 32:44the leads to them and they're just
- 32:45closing all these deals so I'm like all
- 32:47right I want 400 bucks a month 500 bucks
- 32:50a month they're like all right 500 bucks
- 32:52a month it is I'm like cool so I had my
- 32:55first person 500 bucks a month and that
- 32:58person is still with me and I've never
- 33:00raised their price since I could
- 33:01probably charge them 15 times that now
- 33:03because they get way more leads than it
- 33:05used to get but I just it was kind of
- 33:07like the proof of concept I got paid for
- 33:09it and I'm like
- 33:10I'll just do this everywhere for
- 33:12everything I'm just not gonna do it for
- 33:14car wraps
- 33:15because that Niche I don't like it
- 33:17there's a lot of Price Shoppers and
- 33:19there's other problems with it that I
- 33:20found out that's so interesting see but
- 33:21you learn about this stuff as you go
- 33:23concept yes yeah
- 33:25um I'm also curious about you know the
- 33:28the strategy really revolves around SEO
- 33:30and organic and a lot of people myself
- 33:33included think about SEO and organic is
- 33:36like a 12 month 18 month strategy not
- 33:39like a three to six months and again it
- 33:41depends on what you're selling I get
- 33:42that
- 33:43um but you're so heavily focused on
- 33:46organic I'm curious as to
- 33:49why this is the strategy businesses
- 33:51should focus on versus
- 33:53maybe not not instead of but if they're
- 33:55going to prioritize something prioritize
- 33:57organic instead of
- 34:00paid instead of social like I I know
- 34:03there's a lot of nuance to this but a
- 34:05lot of people a lot of business owners
- 34:07focus on paid immediately they focus on
- 34:09paid and I've seen entire businesses
- 34:11being built on paid
- 34:13um completely neglecting SEO organic
- 34:16like completely completely not even a
- 34:18Blog post-op
- 34:20um and I don't think it's really that
- 34:21scalable Beyond a certain point I think
- 34:23can you get to a million yes can you get
- 34:25to 10 million in Revenue yes totally
- 34:26with paid but I think there are ceilings
- 34:29on it I think that keywords become so
- 34:32damn expensive
- 34:33um but I'm curious about your experience
- 34:35with other types of marketing and why
- 34:37again organic was such a main focus for
- 34:40you
- 34:42having tried to build the Google ads
- 34:44agency and a Facebook agency I know how
- 34:47much money that is and I think people do
- 34:49it because of course you can get leads
- 34:51really fast so you could just pay for
- 34:53leads and you could have some in a week
- 34:55or maybe a few days if you get pick
- 34:57right but
- 34:59long term I like the organic strategy
- 35:01better because
- 35:03you you like build up and put all this
- 35:05work in but then you get paid on it
- 35:07multiples of what you can get paid paid
- 35:10and it's uh
- 35:12just a I think a better long-term
- 35:14strategy it's a better Roi because you
- 35:15put in all that work up front and then
- 35:17you're getting paid on it for years so
- 35:19like if I kind of related to that car
- 35:20wraps example that site still pays me
- 35:23now so if you look at like a per hour I
- 35:25spent versus what I get paid
- 35:28I'm making like 2800 an hour or
- 35:30something like who gets paid
- 35:33so like as an organic strategy I really
- 35:35like that
- 35:37um just SEO just because I mean it may
- 35:40take a little while but it's great the
- 35:41ROI is insane later on and also from
- 35:44like a customer perspective I think the
- 35:45customers are easier to close
- 35:47like I don't know about you when I look
- 35:49at ads or I'm looking at Google and I
- 35:51see stuff pop up it's like
- 35:53unless I have some kind of emergency
- 35:54thing I need right now the ads are more
- 35:56of a nuisance 100 at least that's how I
- 35:59actually I personally avoid them now
- 36:00because I know that they're paying to
- 36:02rank I actually funny enough if I'm
- 36:04looking for something I look for the
- 36:06first non-sponsored ad and I know that
- 36:08they ranked and I know that there's a
- 36:09reason why they're there I look for the
- 36:11the most reviews or whatever that's
- 36:12exactly it so it's it's psychology right
- 36:15it's like you're looking at it as a
- 36:17customer and you're thinking like okay
- 36:19they're paying for that spot but this
- 36:20guy right here this person must have
- 36:22earned it now the cool thing is you can
- 36:24manipulate this with SEO so did they
- 36:27earn it yeah I guess but not in the way
- 36:30they're thinking but everybody thinks
- 36:32like that they're like well if they're
- 36:33number one it must be for a reason
- 36:34Google put them there for a reason
- 36:36the reason is they're good at you know
- 36:38following Google's guidelines or
- 36:39whatever to get them there um no I mean
- 36:41it's listen when you're building a
- 36:43business you play into consumer
- 36:45psychology it's it's it's not a bad
- 36:47thing it's it's a required thing I mean
- 36:48every every part of marketing is is is
- 36:50is dancing around consumer psychology
- 36:52right so it's it's a game you have to
- 36:55play but the other thing that I'm
- 36:56curious about
- 36:57um just because there's so much involved
- 36:59in this world is when you build out
- 37:00these websites so uh downturns in the
- 37:04market
- 37:05um does it affect organic
- 37:07um Google algorithm updates how
- 37:08significantly does that affect organic
- 37:10all these different things that
- 37:14I mean I've never I've never bothered to
- 37:16ask people about this because most
- 37:18people don't focus on organic as their
- 37:21core marketing strategy so how does it
- 37:23affect uh the business a lot of people
- 37:26focus on ads is like their their primary
- 37:28source of leads and Organics like a
- 37:29second nice to have which is obviously
- 37:31the complete 180 of how you built this
- 37:33out so all these different nuances how
- 37:35does it affect it
- 37:37yeah I mean I like organic and then pay
- 37:39this icing on the cake exactly I know I
- 37:40know you hear the opposite of most
- 37:42business owners which is that's why it
- 37:44works because it's it's it's there's
- 37:46longevity to it
- 37:48I mean like so interestingly enough like
- 37:51the pandemic's a good example and it it
- 37:54hits some of the sites so different
- 37:56things affect different niches so I'll
- 37:58give you an example and when the
- 38:00pandemic hit 2020 whatever that was I
- 38:02had seven sites all around the New York
- 38:04City general area
- 38:06that were related to restaurant cleaning
- 38:08and New York City announced that all
- 38:11restaurants are shut down so that
- 38:14completely eliminates the need for
- 38:15cleaning right so all of those sites
- 38:17although they were all ranked number one
- 38:19for a ton of terms immediately were now
- 38:22worthless
- 38:23but it was only for a period because as
- 38:25soon as it opened up again they came
- 38:27right back but during that period those
- 38:29seven sites the income from those
- 38:30disappeared
- 38:31but it didn't affect me because I was in
- 38:34so many other niches that I would
- 38:36consider essential
- 38:38that I don't care if I lose those seven
- 38:41sites for Seven Grand or whatever a
- 38:43month because I get so many other ones
- 38:45that it didn't do anything to me and as
- 38:48soon as the band was lifted all the
- 38:49restaurants are open again like a year
- 38:51and a half later the call volume came
- 38:52right back because of course everybody
- 38:54wants to go back to the restaurants and
- 38:55then they need the cleaning services
- 38:56again so that was right back but like
- 38:59the point was the essential Services you
- 39:01can diversify and like hedge your risk
- 39:03of like your income disappearing by
- 39:05diversifying your niches and some of
- 39:07them are just not going anywhere like
- 39:09Plumbing is a good example right if my
- 39:11toilet breaks I'm not a plumber I don't
- 39:13know anybody who does Plumbing I'm not
- 39:15going to take a crap in the backyard I'm
- 39:16gonna call somebody and they're gonna
- 39:18come fix my toilet it doesn't matter if
- 39:19there's a recession or you know I just
- 39:22my 401k took a hit because the economy
- 39:23is going down somebody's fixing the
- 39:25toilet
- 39:26right so that one's not going anywhere
- 39:28and if you find stuff like that you can
- 39:30hedge your risk and pretty much
- 39:32eliminate it if you have enough
- 39:34different things you're in I love this
- 39:37um now something that's really
- 39:39interesting to me that I know you're
- 39:40working on right now
- 39:41um and maybe for people that aren't
- 39:43investing in businesses also it could be
- 39:45very interesting to figure this piece of
- 39:47the lead generation Revenue generation
- 39:48puzzle out you're using this strategy
- 39:51you're using your own business to do an
- 39:53acquisition right now have you done
- 39:55multiple Acquisitions or is this the
- 39:56first one or uh this is the first okay
- 39:59so walk me through okay so now you've
- 40:01built this so so how you've progressed
- 40:03as an entrepreneur you have this income
- 40:04stream coming from these pieces of real
- 40:07estate online real estate generating
- 40:08businesses you started this coaching
- 40:10program teaching people how to do this
- 40:12um and we'll drop links as well so
- 40:14people can go and if they want to learn
- 40:16more and they want to follow like step
- 40:17by step how to do it and maybe actually
- 40:19just speak about like what you teach
- 40:20people but then I also want to learn
- 40:22about the investing and the growth and
- 40:24the acquisition thing that you're
- 40:25working on right now
- 40:26I love that so yeah so so with the
- 40:29actual coaching more or less to make it
- 40:31very straightforward it's teaching
- 40:32people the system that you deployed
- 40:34correct yeah yeah it's it's teaching a
- 40:36combination of SEO and how to use it how
- 40:39to apply it to the website rental
- 40:40concept okay perfect so that you can
- 40:42create an active income or a passive
- 40:44income whatever you want amazing okay so
- 40:45that will drop we'll drop those links in
- 40:47the show notes now what you're working
- 40:49on right now with the acquisition so
- 40:51you're going through a two million
- 40:53dollar acquisition
- 40:54um I love the I love the evolution of
- 40:57employee to entrepreneur to investor
- 40:59because I mean like we're very similar
- 41:01in in our career Journey actually to be
- 41:02quite honest but uh so what was the what
- 41:05was the rationale what was the thought
- 41:06process here you you're now dabbling in
- 41:08private Equity basically
- 41:10yeah yeah so it there's kind of a
- 41:13there's this little bit of an evolution
- 41:14so I started as the employee I started
- 41:16doing the website rental the website
- 41:18rental gave me my time back and a lot of
- 41:20money and I was like this is really cool
- 41:22but the clients I used to have at my SEO
- 41:24agency before I started doing website
- 41:26rental were all like if you're not gonna
- 41:28teach us or if you're not gonna like do
- 41:29this can you just teach it to us and I
- 41:31was like I mean yeah I guess so it was
- 41:33kind of like the evolution of coaching
- 41:34program because I didn't I wouldn't
- 41:35intend to start this they just asked me
- 41:37like can you teach me this and I was
- 41:39like yeah all right so I started doing
- 41:41that and then I found out people were
- 41:43getting an impact and I was like oh this
- 41:44feels cool it's like fulfilling it's
- 41:46nice I could like watch people make a
- 41:48change and then that brought in even
- 41:50more so now I got multiple streams
- 41:52coming in I'm like all right cool but I
- 41:53still have all of my time I'm like I
- 41:55can't just sit so I'm like let's let's
- 41:57do something bigger and I was talking to
- 42:01my my CPA like what can I do to not pay
- 42:04taxes uh and she knows you can you can
- 42:09either buy real estate or you can
- 42:10acquire a business and like of course
- 42:12everybody thinks of real estate but I'm
- 42:13like do I want to spend 2 300 Grand to
- 42:16get like 1500 bucks a month and I'm like
- 42:18no I spend that same 200 Grand I can
- 42:21make like 5 million with website rental
- 42:22so I'm like let's let's try business
- 42:24acquisition and see what this is about
- 42:26so I paid a a person to like get to this
- 42:29event I learned about acquisitions
- 42:32and I was like this this sounds really
- 42:35cool let's let's try to do this and I
- 42:36started looking for businesses in that
- 42:38one to five million range because that's
- 42:39what I could afford
- 42:41um and my original thought was let's
- 42:43find some kind of business where I could
- 42:46install an operator I don't have to be
- 42:48involved and then I'll just give that
- 42:50person half the company to keep me out
- 42:52of it so I could have my half be passive
- 42:54and I could use lead generation to grow
- 42:56the business so I'm like I gotta find
- 42:58something one five million range that I
- 42:59can afford and something where I could
- 43:01apply lead generation to it has a lot of
- 43:03potential and where I'm not involved
- 43:05and that's how we landed on the one that
- 43:08I'm doing so so
- 43:09um I'm I'm super curious what the
- 43:11business is that you're actually
- 43:13acquiring because I'm assuming that the
- 43:15business you're acquiring is like the
- 43:17perfect example of a company that would
- 43:19benefit from the from the strategy you
- 43:21deploy because that's I'm sure that's
- 43:23how you're thinking you're like I need
- 43:24this to me
- 43:26it's a it's a pretty good example but
- 43:28it's not it's probably not perfect it's
- 43:30close it's just the best one I could
- 43:32find so like
- 43:36I should say before I before I say that
- 43:38one I want to mention Paving just as a
- 43:40niche because it's something that I
- 43:42almost turned into a company it would
- 43:43work perfectly for this
- 43:45I had built out a site for Paving and it
- 43:48was in my hometown and I was like I had
- 43:51a bunch of leads coming in for it people
- 43:52are calling me and I'm again I'm like I
- 43:53don't do Paving I gotta find a Paving
- 43:55Company and I was trying to find
- 43:56somebody but in my hometown the people
- 44:00who are really good at it are
- 44:02overwhelmed with leads and then there's
- 44:04a lot of people who stink at it that
- 44:05don't have any leads and I'm like I need
- 44:07the person who's really good but doesn't
- 44:08have any and I couldn't find it so I'm
- 44:10like calling all these companies and the
- 44:12the great ones are like not getting back
- 44:13because they don't care and the other
- 44:14ones are doing crap work so I'm like I
- 44:16gotta figure out how to do this so I
- 44:18poached a subcontractor from one of the
- 44:21great companies I just found out where
- 44:24they were going to be doing some work
- 44:25and I talked to one of the subs I'm like
- 44:27you want to have your own company
- 44:28because I can get you the leads
- 44:30and I just started sending him leads and
- 44:32in the first month or the first week it
- 44:35made a grand eight grand for me
- 44:38so like I don't remember what the
- 44:39revenue was but my cut was easy you did
- 44:41like a normal like a ref split on it
- 44:44no so like I just he told me he was
- 44:46gonna do the work for two dollars a
- 44:49square foot or was it three bucks it was
- 44:52either two or three bucks a square foot
- 44:53and then I had a person walk off the
- 44:55yardages like for the people's houses
- 44:57and the driveways and all that and then
- 44:59I charged four bucks a square foot and I
- 45:01just take that I love this so he made
- 45:02quite a bit and I was just keeping the
- 45:04difference without me being involved so
- 45:06I was just kind of like coordinating it
- 45:07and instead of that website paying me
- 45:09you know 1500 bucks a month it made
- 45:11eight grand in a week so it's like that
- 45:13type of company you could literally
- 45:14create a company out of thin air with
- 45:16just a website with this skill set and
- 45:18this model
- 45:20but I didn't I just I didn't really want
- 45:23to do that I didn't want to run a Paving
- 45:24Company so I just kind of like handed
- 45:26that off to somebody else and let them
- 45:27run with it and I was like I just want
- 45:29the little passive piece give me my
- 45:31couple thousand bucks so I transitioned
- 45:33out of that the one I'm doing now is uh
- 45:35I have to be careful because I'm under
- 45:36NDA okay but it's a multi-stage it's a
- 45:39multi-state ice cream business so it's
- 45:41like the novelty trucks that go around
- 45:42and they play a song and then everybody
- 45:44comes out to buy overpriced ice cream
- 45:46yeah
- 45:47you know like the screwball and the
- 45:49Spiderman phase yeah yeah yeah
- 45:53so I just I was trying to buy a
- 45:56different type of business that was more
- 45:57in line with my lead generation skill
- 45:59set
- 46:00and when I got into uh the acquisition
- 46:04or while trying to do the due diligence
- 46:06for it I found that the person was
- 46:08fudging their tax returns which I know
- 46:11people do but I can't buy a business off
- 46:14fake numbers because the bank only loans
- 46:17off
- 46:18what they say so if it makes you make it
- 46:20look like you're poor the bank's not
- 46:21going to loan on it right so we ended up
- 46:24not going through with that business but
- 46:25I met the broker and the broker hooked
- 46:27me up with this person who was selling
- 46:29the ice cream business
- 46:30and the ice cream business was making
- 46:32millions but they had no website no
- 46:36advertising no customer list no CRM no
- 46:40processes I'm like how are you making
- 46:42this money like this it's like oh the
- 46:44customer just comes to the the truck
- 46:45which is a wild business model
- 46:49I'm like how is this possible and I'm
- 46:51just looking at this and I'm like if he
- 46:53can do that with nothing and it's
- 46:54growing 20 year over year over year I'm
- 46:57like if I apply lead generation to this
- 47:00I I have no idea like I got to be able
- 47:02to blow this thing up but but explain to
- 47:04me is really exciting explain to me how
- 47:05lead generation how would that work for
- 47:07an ice cream truck
- 47:09I mean so I can just generate leads for
- 47:11all of the business services so he's
- 47:13looking at it like consumers coming to
- 47:14the truck
- 47:15but what about events corporate events
- 47:18business events weddings catering all
- 47:21this other stuff that's a whole untapped
- 47:23side and I can hit all of that with lead
- 47:25generation
- 47:26and like I've done I mean I can do it
- 47:28with SEO but I can also do it with the
- 47:29Facebook ads and the Google ads I won't
- 47:32personally do it I'll find somebody who
- 47:33can do it just hand it off because I
- 47:34don't want to deal with it but all of
- 47:36that can be applied to this and then you
- 47:38have a choice do I keep that cash flow
- 47:41or do I sell this company off for like a
- 47:44four or five x multiple and like the
- 47:46company is 2 million now without
- 47:48anything
- 47:50sell that for 10 yeah 15 million a
- 47:53couple years down the road so it's just
- 47:55a it's a cool thing that I'm working on
- 47:56now and we're we're supposed to close on
- 47:58the seventh but our lawyer is going on
- 48:02vacation so it's going to have to be
- 48:03another couple weeks as long as as long
- 48:06as there's no billable hours while he's
- 48:08on vacation no no we didn't plan that
- 48:10way oh that's amazing I'm so curious
- 48:12have you have you ever done the math and
- 48:15and seen like the potential uptick in
- 48:17business Revenue like what what is like
- 48:20a great number so if you have a business
- 48:21again super subjective but you have a
- 48:24business yeah and they do and they're
- 48:26doing nothing online when you apply your
- 48:28strategy to it and they have leads
- 48:31coming in what is the what is the
- 48:33multiple what is the percentage that you
- 48:35see the businesses grow oh my gosh the
- 48:38multiples are stupid High I'm terrible
- 48:40at math so I don't even know the numbers
- 48:41but I'll give you an example the first
- 48:42one that comes to mind one of the first
- 48:44guys I had as an actual client was a
- 48:46tree service and he was paying for Home
- 48:48Advisor Thumbtack and Angie's List which
- 48:51is now Angie
- 48:53um and he was paying them for work he
- 48:55was making like 70 grand a year or so
- 48:58just single guy no family no kid no wife
- 49:01or anything
- 49:03um he was just working by himself and he
- 49:05was kind of like cherry picking the
- 49:06leads he wanted so he would go up he'd
- 49:09do like a single tree A package of trees
- 49:11he can't really do any commercial work
- 49:13because he wasn't he didn't have like
- 49:14any crew it was just him
- 49:16and I met him and we started working
- 49:19together I built this process out
- 49:21started renting a website to him and his
- 49:24next year he did 370 000 or 320 000. get
- 49:28out so I don't know what that percentage
- 49:30increases
- 49:31five times what he made the year before
- 49:34and
- 49:36his the business model completely
- 49:38changed he called me at one point like a
- 49:40year and a half in and he's like I'm
- 49:42getting a lot of leads that are
- 49:43commercial like I can't do these like
- 49:46turn it off and I was like turn it off
- 49:48I'm like who do you know that does
- 49:50commercial work and he's like I mean
- 49:52this other guy I know does it like like
- 49:54a competitor and he's like yeah and I'm
- 49:56like call that dude and tell him you're
- 49:58gonna give him all the commercial work
- 49:59and just take a cut
- 50:01and he's like what and I'm like yeah
- 50:04just give him the work I'm like you
- 50:05don't want it right you want the the
- 50:06homes and the residential stuff that you
- 50:08can handle I'm like cherry pick it who
- 50:10cares give them all the commercial stuff
- 50:11and just tell them you want 15 and you
- 50:13could just give them all the work see if
- 50:15he'll go for it and they like they had a
- 50:16conversation he's like yeah all right
- 50:18he's taking it so we just started
- 50:20diverting all the commercial work to
- 50:21that guy who's technically competitor
- 50:23and he just takes all the stuff he wants
- 50:25so he does the things he wants knocks it
- 50:27out quick does whatever he wants with
- 50:29his time just kind of like half does
- 50:31tree stuff and half spends his time
- 50:33doing whatever fishing I think was the
- 50:35thing and uh the hands off all the rest
- 50:37of the work to other people I love this
- 50:39um I wanna I wanna it's like I want to
- 50:42ask just some some questions some some
- 50:45questions on on your views on
- 50:47entrepreneurship because I I love the
- 50:49way that you sort of built your life I I
- 50:51really admire it
- 50:53um because we sort of spoke about golden
- 50:54handcuffs before building yourself a job
- 50:57um why do you think people over
- 50:58complicate entrepreneurship so much
- 51:03I think it's
- 51:04it's it's tough It's because it's like
- 51:07everybody tells you it's hard and it's
- 51:09supposed to be difficult
- 51:10and yes there are parts of it that are
- 51:12hard but honestly I think your mindset
- 51:14is the the hardest part to get once you
- 51:16get that right the other people's
- 51:19opinions and your whole all your friends
- 51:21and your family that don't believe in
- 51:22you and all that none of that matters
- 51:23anymore
- 51:24because if you only care about what you
- 51:25think and what you want for yourself you
- 51:28can focus on that then you could find
- 51:29somebody who aligns with that I know I
- 51:31want money and time and the people that
- 51:34I have in my life don't know how to do
- 51:36that they're not examples of it the
- 51:39people I'm learning from at school don't
- 51:40have that so why am I listening to them
- 51:42I have to find somebody who does and go
- 51:44like seek that person out tell them to
- 51:46teach me how to do it because they've
- 51:48been there
- 51:49and I think shiny objects and all this
- 51:51stuff on YouTube and all these there's
- 51:53so many things you can focus on it's
- 51:55really tough so it's almost like you
- 51:57have to Define what you want focus on
- 51:59that first and then once you figure that
- 52:00out you can come up with a path to get
- 52:02there I think a lot of people who build
- 52:04something
- 52:05they don't realize how much energy it
- 52:08can take and I think that people want
- 52:10lifestyle but then they don't realize
- 52:13that entrepreneurship may not be the
- 52:14path to the lifestyle that they want
- 52:16like you look at the most prolific
- 52:18entrepreneurs you look at the Elon musks
- 52:20of the world the I think he was you know
- 52:23still sleeping in an office in Twitter
- 52:25offices when he made the acquisition
- 52:27right like like these are not people
- 52:30that have time for
- 52:32in some cases family in Hobbies pastimes
- 52:36things outside of building and that's
- 52:39okay but I don't think that that a lot
- 52:42of people want to be like Elon I don't
- 52:44think a lot of people understand what
- 52:47it's like to work that much for the
- 52:48entirety of your life till you die and
- 52:51you know you have to have a number too
- 52:52like how much money do you need and
- 52:54that's not to say that a million's a lot
- 52:56because it's not in in 2023 million is
- 52:58not a lot 5 million 10 million how much
- 53:01do you have to have liquid to be happy
- 53:02and once you hit that number though
- 53:05do you need to do you need to have a
- 53:07hundred million dollar exit you need to
- 53:09have a 500 million dollar like where do
- 53:11you want to go and I think that a lot of
- 53:13people don't have Clarity they just
- 53:15think that
- 53:16if I'm not in a company it'll be okay
- 53:19but it's like not okay because they have
- 53:21no they have no idea the direction
- 53:22they're going
- 53:24and I think you were very purposeful
- 53:25about it it'll evolve it'll evolve over
- 53:27time right what what you want I think
- 53:29initially my
- 53:31I was an employee first so my thing was
- 53:34just get out of my job at all costs so
- 53:35cool what do I need to replace my job I
- 53:38don't know four grand a month five grand
- 53:39a month just to be comfortable
- 53:40and not have to worry about anything
- 53:43but then it changed to okay now I have
- 53:46that I don't really have to work because
- 53:47I already kind of built it up where it's
- 53:49not it's more me just kind of looking at
- 53:51it to make sure nothing falls apart
- 53:53now what do I do I can't sit and I did
- 53:56the thing I went to travel and I did you
- 53:58know hang out with a girlfriend spend
- 53:59time with the family and do whatever I
- 54:00tried the laptop lifestyle thing but I
- 54:02found for me I can't just sit like two
- 54:05days into chilling at the Bahamas I'm
- 54:07like okay what can I do for business
- 54:08make this go faster it just became like
- 54:10fun to build businesses and figure out
- 54:13how to do lead generation and all this
- 54:14and working for myself I just I don't I
- 54:18like it better I don't care if I have if
- 54:20I don't have to but I could work 80
- 54:21hours a week and I would still be cool
- 54:23with it because I'm the boss and I can
- 54:25do what I want I can go leave I don't
- 54:27have to ask anybody for permission it's
- 54:29like I've taken control of my life and
- 54:30now I've decided here's what I'm gonna
- 54:32do with it and I think that power is
- 54:34really really nice and then you could do
- 54:36what you want if it's fulfilling talk to
- 54:38me about your evolution in in your
- 54:42mindset from employee to entrepreneur
- 54:46owner to investor what's the difference
- 54:48that you have to how do you think
- 54:51differently as you go through that
- 54:52career Journey
- 54:56I think just
- 54:58focusing on self-education has been the
- 55:01thing that has helped me the most just
- 55:03because mindset is so important
- 55:06in our our education system as we have
- 55:08it now is a little messed up in in 1902
- 55:11John D Rockefeller creates our general
- 55:13education board it's like the foundation
- 55:15for our school system today and there
- 55:17was a quote from him that was kind of
- 55:19disturbing and it said I don't want a
- 55:21nation of thinkers I want a nation of
- 55:22workers
- 55:23he knew then that for his oil company to
- 55:26be successful he needed good employees
- 55:28people who just show up and do what
- 55:30they're told he doesn't want
- 55:31entrepreneurs he doesn't want people who
- 55:33think for themselves
- 55:34and he did that strategically right
- 55:36because then he'd have competition the
- 55:39problem is the school system that we
- 55:40have now is still based on that so
- 55:42society and our school system is set up
- 55:44for this same thing school doesn't teach
- 55:46you how to be rich or how to build
- 55:48wealth it teaches you how to be a good
- 55:50employee somebody who pays the taxes
- 55:53feeds the system and I mean I went to
- 55:55college in grad school so I get it but
- 55:57why are we listening to people who don't
- 55:59have the life we want right like that's
- 56:01not what I want why am I listening to
- 56:03the person
- 56:04tell me this they don't know it's like
- 56:05asking the broke friend how to make
- 56:07money they have no idea or they'd
- 56:08already be having it right so it's like
- 56:11we need the doctors and the lawyers and
- 56:12the contractors and everybody who's
- 56:14doing employees like an employee job but
- 56:17that's not what I want my definition of
- 56:19success is having time and money and if
- 56:21my goal is to build wealth and have true
- 56:23time Freedom then I need to learn from
- 56:25someone who's already done it and I'm
- 56:26not going to learn that it's would you
- 56:28so it's like why the education the
- 56:30alternative education
- 56:33exists and I mean that's what I focused
- 56:36on and I've grown so much just focusing
- 56:38more on that than traditional if you if
- 56:40you could go talk to your your 20 year
- 56:42old self would you would you tell them
- 56:44not to go to school or would you tell
- 56:46them to do anything differently what
- 56:47would be the the lesson
- 56:49it would be figure out what you actually
- 56:51want because school works for some stuff
- 56:53like my brother wants to be a surgeon
- 56:55right so he goes to school he becomes
- 56:56that right my my dad wanted me a
- 56:59chiropractor he went to school and
- 57:00became that but some stuff like for me I
- 57:02didn't really know what I wanted to do I
- 57:03went to school for marketing and when I
- 57:05got out I ended up doing Human Resources
- 57:07is my ultimate goal to be helping people
- 57:10in the human resources department
- 57:12no I don't think so
- 57:15so you know time and money for me was
- 57:18the thing I wanted because I wanted to
- 57:19be able to spend time with family and be
- 57:21able to hang out go travel and have
- 57:23enough to live the lifestyle I want and
- 57:26for me I didn't have to go to school for
- 57:28that I did but had I known I probably
- 57:30wouldn't have it would have been an
- 57:32argument argument with my parents
- 57:35um
- 57:35but you know if that's what I have to do
- 57:37to get what I want that's what's going
- 57:38to happen I actually never told my
- 57:40parents that I started doing this like
- 57:42when I still had an agency like before I
- 57:44quit I just quit and I didn't tell them
- 57:46for like a year they just found out
- 57:48randomly because I answered the phone at
- 57:49a time and I probably would have been
- 57:51working normally
- 57:52so you know if you have to
- 57:54you know not tell somebody then don't
- 57:57tell them well I think I think to your
- 57:58point like all this comes back to
- 58:00Lifestyle design like how are you
- 58:02building the life that you want and
- 58:05we're talking about okay we're talking
- 58:06about how many hours you want to work
- 58:08how much money do you want to make but
- 58:09there's other components to Lifestyle
- 58:10too and sometimes it's
- 58:13it's setting expectations with
- 58:15relationships of people most close to us
- 58:18and family I mean you can't really get
- 58:20rid of family so that's fine but but I
- 58:23mean there's people in your life as
- 58:24you're going through like an
- 58:25entrepreneurial Journey that don't serve
- 58:27you
- 58:27in in a meaningful capacity it doesn't
- 58:29mean you like have to kill those
- 58:31relationships but you do have to
- 58:32prioritize where you spend your time and
- 58:34I think that this whole lifestyle design
- 58:36it's it's okay to be a little bit
- 58:37selfish with what you're building in
- 58:39your life and if you expect things that
- 58:41none of your friends have
- 58:43then there's a good chance that they're
- 58:45not gonna they're not gonna help you get
- 58:47to where you want to be and and even
- 58:49like parents like if parents don't
- 58:51understand what you're building you
- 58:52still love your parents respect your
- 58:54parents but I mean you're not going to
- 58:56be going to them for career advice if
- 58:57they've only ever worked a nine to five
- 58:59job and they're not you're not going to
- 59:01be going to the for entrepreneurial
- 59:03advice or or how to raise money or how
- 59:04to close clients if they've worked in a
- 59:06nine to five job you gotta you gotta
- 59:08understand that like they mean best but
- 59:10they also don't know they don't know
- 59:12what you're doing and there there is a
- 59:13way for you to succeed in it but it
- 59:15won't be through your parents teaching
- 59:17you what to do it'll be through a peer
- 59:20who's done it a mentor whatever it is so
- 59:23I think that there's a lot that that you
- 59:25know like you you sort of like checked
- 59:27all the boxes of why why are you like
- 59:29why are you personally successful it's
- 59:31because through your crew through trial
- 59:32and error you know you've architected
- 59:34your life you've made the money you want
- 59:35you figured out the time work balance
- 59:37you've you've built relationships with
- 59:39people that actually have done these
- 59:40things before so you know like who to go
- 59:42to for help with this that and the other
- 59:44like I'm sure you have your own
- 59:46you Mentor people but I'm sure you have
- 59:48tons of your own mentors and people that
- 59:50you look up to like this is this is how
- 59:52you grow you people are not stagnant
- 59:55people have to try new things and do
- 59:57different things that are uncomfortable
- 59:58but at the end of the day it's it's
- 1:00:00uncomfortable to become comfortable
- 1:00:03yeah I mean you got to get uncomfortable
- 1:00:05to go I really like um everybody knows
- 1:00:08Alex from fantasy I really like this
- 1:00:10quote he says you don't want to invest
- 1:00:11in the S P 500 you want to invest in the
- 1:00:13S and me I love that yeah we put that
- 1:00:15money in your self-education there was
- 1:00:17another one from uh from Warren Buffett
- 1:00:19he's just like whatever you're paid is
- 1:00:21just what the market thinks your skills
- 1:00:23are worth so you want to make more you
- 1:00:26got to up your skills so if you go seek
- 1:00:28that out then you can do whatever you
- 1:00:30want
- 1:00:31um is there anything that any last
- 1:00:33lessons anything that you want to leave
- 1:00:35the audience with that we didn't go into
- 1:00:36floor is yours so whatever whatever you
- 1:00:39want to end with
- 1:00:41I think every decision we make or don't
- 1:00:45make
- 1:00:45has an opportunity cost and when there's
- 1:00:47something you want to do and you do
- 1:00:50nothing you're making an active choice
- 1:00:52to give up whatever that other thing is
- 1:00:54you could have had and I'm guilty of
- 1:00:55this too we say things like you know I
- 1:00:58need to think about it I have to look at
- 1:00:59other options I want to do some more
- 1:01:00research it's not the right time any
- 1:01:02number of excuses
- 1:01:04I've learned that we never have all the
- 1:01:06information the timing's never right the
- 1:01:08fear is always there that fear of
- 1:01:09failure people judging you whatever
- 1:01:12so it's better to trust my gut instinct
- 1:01:14than just take it take the leap of faith
- 1:01:16anyways so that you can live the way you
- 1:01:18want to live as long as possible
- 1:01:20because all that time it's like you
- 1:01:22could have had it but you chose not to
- 1:01:25I love that
- 1:01:26um where should people go to connect
- 1:01:28with you uh you can send them to the
- 1:01:31website also please drop your social so
- 1:01:33they can follow you and whatnot um but
- 1:01:35where should they go to learn about
- 1:01:36everything that you're working on
- 1:01:38yeah absolutely
- 1:01:39um lukevanderveer.com is a good place to
- 1:01:41start you know that talks a little bit
- 1:01:43about kind of my story and what I'm
- 1:01:44doing now and website rentalcoaching.com
- 1:01:47is more about the business model and how
- 1:01:49that okay perfect
- 1:01:50um socials what are you at what are you
- 1:01:52what's your best ad
- 1:01:55it's at lukevanderveer.com it's uh
- 1:01:57Instagram Facebook
- 1:01:59don't do them all
- 1:02:02I'm trying to think no no one one is
- 1:02:05good and the website has everything else
- 1:02:07on I was wondering if there's one in
- 1:02:08particular that's totally cool
- 1:02:10it does it does
- 1:02:12um okay and then I I mean you've touched
- 1:02:14on this several times throughout um but
- 1:02:16I'm just gonna ask because I ask
- 1:02:17everybody when I close this out so
- 1:02:18you've had incredible career you've had
- 1:02:20you know the the season of the employee
- 1:02:22the season of the business owner
- 1:02:24entrepreneur the season of the investor
- 1:02:27um what at this point in your life does
- 1:02:28success mean to you
- 1:02:31it's it's just having enough money and
- 1:02:34the time to do what I want when I feel
- 1:02:36like it with whoever and I know people
- 1:02:38say that but it's when you can actually
- 1:02:41experience it it's like otherworldly
- 1:02:45it's just really cool like just the
- 1:02:47middle of the week I don't want to work
- 1:02:48I'm just going to go out take the jet
- 1:02:49ski out with my girlfriend you know what
- 1:02:51maybe I'll fly to Costa Rica for a month
- 1:02:52and just hang out
- 1:02:55people you can decide to become the
- 1:02:58person who can do that
- 1:02:59it's just a choice it's an active choice
- 1:03:01you could make the choice to learn how
- 1:03:03to make enough to be able to do that and
- 1:03:06then you can do that
- 1:03:07all right
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