Aleksander Vitkin Podcast

Watch Part 2 of How to build a freedom business, with Matt Laker:

https://www.youtube.com/watch?v=ckZ29edmDjg

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Running a freedom business will give you countless opportunities like traveling around the world and all kinds of adventures. You can leave the traditional lifestyle behind you.

Matt Laker is the perfect example of a guy living that kind of lifestyle. Matt has discovered the perfect formula to building a freedom business.

Matt has been studying in university, working for a corporation – 9 to 5 job. This was completely different from his dream lifestyle.

The first step is to figure something out that allows you to be location independent. Your business model has to be made to be working on the Internet if you want to travel the world and experience all the adventures you want.

Online business is a very broad term. The most common misconception for “online business” is that is related to eCommerce. There are so many different things that no matter what you do and what skills you have, you can use that skill and transfer it into an online business.

The real business starts with getting customers and getting sales. You need to know where to find your clients.

The secret to getting customers is the creation of funnels – an automated, repetitive and predictable way of getting customers.

Sales is the most important skill that you need to have if you want to succeed in business. You are offering your services and at the same time you are your own sales person.

The secret to running a real business is outsourcing and automation.

The freedom business is designed to build $5 to $15K a month, so that you can travel and have fun. On the other hand, the other real business is designed to grow.

Here is what you need to do to build a profitable freedom business:

1) You have to figure out a way to get customers.

2) You need to have some sort of a service or a product.

3) You have to automate these processes.

Making $5 to $15K a month allows you to travel the world, have freedom and do amazing things with your life.

Matt was running a business where he had to stay there all the time. Then, he built a new location independent business which allowed him to travel, but he needed to work 16 hours a day. He was not able to experience the new locations.

The only way to be able to experience life is by buying your time, leveraging the money and paying others to take care of certain processes. That way you are working on the business and not in the business.

The guys in Daily Business Hustle mastermind are investing a lot of time when starting a business. It’s better to make $5K a month than $15K a month if the $5K a month is mostly automated. The more automated the business is, the more scalable it is.

You can have the $5K a month for as long as you want. After a while, you may want to turn that business into a 7 – figure business and it will be much easier to do it, because all the systems are there. It is just a matter of scaling and improving them.

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How Martin Went From 0 to His First $4.3k sale in 3 Weeks

and also, how he built his first business after a year-long freelance career...

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We are going to discover what it took for Martin to go from freelancer to a business owner running an agency.

Martin preferred to be a freelancer working online than someone who has a job. However, he was not completely satisfied with his situation as a freelancer. He wanted something more than just being a freelancer working for someone else. He wanted to become a business owner.

His life as a freelancer was not bad at all. However, there were other problems that he faced.

He was living in Asia, working with a client from Germany. That was a big problem because of the time difference. Martin had to work a lot of hours during the night which messed up his sleeping schedule.

It is a good idea to stay in countries where the time difference with western countries is not that big. Countries in Eastern Europe and North America are good places to do business, because you would not need to mess up your sleeping schedule.

In order for Martin to achieve good results, he needed to ask a lot of questions in the Daily Business Hustle community. He needed to know what he can do to present himself better to his clients. There were a lot of other members and teachers in the mastermind who are willing to help. All of the members exchange ideas daily and help each other.

Martin was learning from people who have already faced the same problems.

Daily Business Hustle has developed a system where you get help by guys who are just a little bit ahead of you. It is so easy for them to help you, because they have been in the same situation just a few months ago.

It will be harder for you to learn from a millionaire who does not remember at all his early years in business.

Martin did not have to test things. He had a proven working business model developed by DBH. He just implemented it and now he is getting results.

Most of Martin’s friends have advised him to find a job because it is safer. They did not believe in starting an online business at all.

Here are a few tips from Martin which he learned during his participation in DBH:

• Don’t be a perfectionist because you will not get anything done.

• Put yourself out there, approach people and try to get them on a sales call.

• Partner with someone who can deliver the project and pay him a commission.

Martin learned very valuable skills like:

• How to behave on a sales call.

• How to go through the whole sales call and which steps to follow.

Martin got rid of everything that distracts him and that disturbs his workflow. He even got rid of his TV in order to make his working process smoother.

Martin is open to new opportunities. If he manages to reach a decent level in his business, he will travel around the world, explore new things and run his business at the same time.

Don’t be somebody who has no ambitions to reach something. Business is for someone who is ready to put a lot of work, who is obsessed about work and who has big goals.

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Today, you are going to find out how you can profit from Zuckerberg’s privacy scandal as a business owner and entrepreneur.

Facebook is the biggest platform for advertisers in the world. It’s one of the most important companies for entrepreneurship in the world. That is why it is very important to know what is going on with Facebook.

On the other hand, if you do not know what is going on, how to respond to this situation, you can lose lots of money and your business can fail.

Facebook is a company which primary goal is to make a profit. If it does not make a profit, it would not exist and all the people working in Facebook will lose their jobs.

Facebook runs on ads and profit is based on ads. Facebook has created the most sophisticated system to get people to come to their platform, stay on their platform and convert to sales.

You join Facebook as an advertiser and there is a system where you can talk to the exact right person and get him to buy from you.

Facebook shows you ads which are controlled by Facebook algorithm. The Facebook algorithm gets the right people to do the right thing on the website based on what advertisers want.

Right now governments understand the importance of data. Governments are interested in the power of data. In that case, the data is used for political gain.

On the other hand, business owners use the data to make sales. This is a marketplace where anyone can make money from.

Governments are trying to convert the data into power and safety. They are using 2 arguments:

• Safety – makes people feel safe.

• Privacy – who has access to the data, because data can lead to power.

You have probably seen the news about Facebook and are afraid if the platform is going to disappear. But, there is a difference between you and your business.

You are flexible, you have certain skills, energy and time. No matter what happens to Facebook, these are your assets and no one can take them away from you. You can always start over, build something new and switch to a new platform.

Don’t worry whether Facebook will disappear or not, because entrepreneurs will always figure it out.

Surround yourself with smart people who are ahead of you. They will figure it out and you will help them figure it out and you will help them figure it out. We can all be a happy community of entrepreneurs.

Trust your own faculties and surround yourself with people who can enhance your own faculties. That is one of the biggest things I have learned that has excelerated my business success.

In conclusion, eventually one day Facebook will disappear, the ads will stop working, we should trust in our own faculties and we can figure it out as entrepreneurs.

We are here to clean up the mess that governments create and to make the world a better place.

If your business disappears tomorrow, you need to be able to survive for a few years without any income. You need to have a plan B. You need to have employees that are replaceable. You need to have a business model that is not relying on one platform.

You need to be flexible and you need to keep improving your skills. If you don’t, you are going to end up working for someone else.

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Today, we are going to learn the story of Mohammad and how he managed to make his business successful.

Before Mohammad started his business, he was studying in university. He knew that after he graduates, he is going to find a 9 to 5 job and work for someone else.

After 2 years in college, Mohammad started looking for alternative ways to make money. He ended up joining the Daily Business Hustle mastermind. This is a community of entrepreneurs where all the people in the mastermind help each in order to achieve business success. There are a great amount of highly qualified people who will help you get success in business.

Mohammad started his business with absolutely no business and sales experience.

Right now, Mohammad is running a Facebook agency. He makes money for other people and gets percentage of what they make. He is 21 years old and he is on track to building a 6 – figure business.

In the beginning Mohammad was not very good at sales and he was making $1K - $2K per month. He was providing very good results for his clients and as a result Mohammad got referred to other clients. That was a huge boost for his business and he made $7K in profit this month.

Before Mohammad started his business, he was thinking that he should go to university, get a degree, find a 9 to 5 job, work for someone else, get married and have 2 kids. That was his dream life. Right now, Mohammad has a very different perspective for the world. His aspirations are well beyond what they have been before.

Mohammad’s personal goal is to become a millionaire before he turns 25. That is a pretty positive change in his mind for a 5 months period.

Mohammad’s lifestyle has changed a lot. He is working in his bedroom and making almost $10K per month. Moreover, he works whenever he wants and wherever he wants. There are no bosses around. There is not anyone who is telling him what to do. Mohammad has complete freedom over his time.

Mohammad has very bad time in his first 4 months of his business. He struggled with sales which is not very usual for the other members in the mastermind. Here are the possible reasons:

• He was not implementing as much as he should have been.

• His time was limited because he was still at university.

• He did not do enough sales calls.

• His speaking skills were not on the needed level.

Mohammad could not dedicate enough time to his business because of the time he had to spend in college. That is why he decided to drop out of university.

Daily Business Hustle is doing peer to peer mentorship. You get mentored by guys who are just a few months ahead of you. The guy who has been in business for 5 years cannot relate to the problems of a person who is just a beginner. On the other hand, the guy who is just a few months ahead of you is completely fresh in his mind and is completely aware of what you are going through and what you need to do to solve your problems.

Mohammad has been able to build connections inside the mastermind. He is exchanging value with other people in the mastermind daily. Moreover, he takes part in other groups where he gets enormous amount of value and knowledge about Facebook ads.

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