Business Casual

Getting to $15,000 monthly recurring revenue in 6 months... piece of cake, right? Matt and Andrew have challenged themselves to get their product Lasso into the hands of 300 customers by the end of November. It's a time crunch, which means not relying on long-term SEO and focusing on strategies that'll get more customers in the first few months. What tactics will get them the quickest and most impactful results? And how can they leverage their personal superpowers to get to that 6 month finish line? Enjoy!

P.S. You can read about the entire $15,000 MRR challenge at Moneylab.co/MRR

P.P.S. Jump on the Lasso waiting list at GetLasso.co. Giddy up, cowboy.

You know you should have processes in place for your business. So why does every entrepreneur avoid this? At what point is it time to create better processes versus always fixing things as you go? Matt and Andrew break down the process of creating processes, including how to trick yourself into doing the really un-sexy work of building a business operating system. Matt has a literal gasping ah-ha moment in this one and maybe even solves the reason why Andrew has avoided this work. Enjoy!

P.S. Need better business operating systems? Have you seen Matt's Asana for Bloggers course? Check it out here: Moneylab.co/Asana

Spoiler: classic email marketing tactics don't work for every online business. Can complex marketing funnels, slow drip campaigns and content upgrades actually hurt sales? Matt and Andrew dive into the details of Matt's multi-month experiment trying to optimize his sales funnel at Swim University. They pick through Matt's sales stats, walk through his elaborate email set up for converting readers to customers and debate why a complicated funnel wasn't the right move for his website. Get ready to talk UTM codes, conversion rates and customer avatars. Enjoy!

P.S. Check out Matt's full write up about his email marketing experiment here: Moneylab.co/email-funnels

WWMD (What Would Matt Do)? Travis Sherry of Extra Pack of Peanuts joins the show as Matt plays business consultant and dives into what's working and what's not on Travis' website. Travis shares all the juicy details (revenue, traffic, subscribers) and Matt unloads his advice on how he thinks Travis can start to rank for some meaty keywords and pull in more revenue. Buckle up: this episode is like a live mini course/case study in auditing an online business. Enjoy!

P.S. You can find Travis at ExtraPackofPeanuts.com

P.P.S. Want Matt to play consultant with your business? You can get the next best thing by checking out his SEO and Affiliate Marketing Courses: Moneylab.co/products/

It's listener question time again! Matt and Andrew unpack all of your burning questions. How do you save an article that flopped in the SEO rankings? What should you focus on if you're only one person trying to build an affiliate site? And how much does Matt LOVE banner ads? (Hint: 0%). Thank you everyone for sending in your questions. Enjoy!

P.S. The Affiliate Marketing Video Course is on sale for $149! Check it out here: Moneylab.co/affiliate AND since you're a beautiful listener of the show, you can use the promo code PODCAST for 10% off.

P.P.S. Do you know what a meatball shorty is?

Move, please! Get out the way! Like any good entrepreneur that cares too much, Matt and Andrew are prone to self-sabotaging the very same business that they love so dearly. So how do you stop yourself from derailing the growth and success of your online business? In this episode, Matt and Andrew discuss how to stop micromanaging and create business processes that last. Their little business babies grow up so fast - time to finally set them free! Enjoy!

P.S. Have you checked out Matt's Affiliate Marketing Video Course yet? It's a ton of affiliate marketing how-to video content (duh) and it's 10% off if you use the promo code PODCAST. Check it out here: Moneylab.co/Affiliate

It's the one year anniversary of the Money Lab Podcast! Steph Halligan joins the show today to celebrate with Matt and take a behind-the-scenes look at everything that goes into an episode of Money Lab. From the work flow that makes podcasting easier to Matt's crazy tech setup in his new office-turned-podcast-studio, we explore each piece that make for an entertaining podcast. Enjoy!

P.S. You can find Steph hanging out on Twitter @StephHalligan

P.P.S. Matt documented his super profesh podcast set up here: www.Moneylab.co/professional-podcast

P.P.P.S. Have you seen Matt's Affiliate Marketing Video Course yet? Check out www.MoneyLab.co/Affiliate and get 10% off when you use the promo code PODCAST.

Time to wrap it up? Matt and Andrew debate how to know when it's stop growing a revenue-generating website. Is there a moment when an online business is “done” and it’s time to move on to other projects? Or should they always double down on the work if a website is making money? I don't think there was ever an episode where Matt and Andrew disagreed more ;-) Enjoy!

P.S. The Affiliate Marketing Video Course is here! And it's 10% off for listeners with the promo code PODCAST. Check it out at www.MoneyLab.co/Affiliate

A subscription-based online community sounds good in theory, but what does it actually take to run a monthly membership site?

Jason Moore stops by to explore the payoffs and challenges of managing a paid community. How do you keep adding value so customers stick around? And can a skeptic like Matt be convinced to start his own Money Lab community? Jason helps Matt debate whether or not it's a fit for his business and his lifestyle. Enjoy!

P.S. You can find Jason at LocationIndie.com and ZeroToTravel.com

P.P.S. Check out the latest Money Lab offering, The Affiliate Marketing Video Course: www,MoneyLab.co/Affiliate.

It's a battle royale between affiliate sites as Matt and Andrew debate the pros and cons of their different affiliate business models. From only using the Amazon affiliate program to managing tons of affiliate partners, how do they structure their affiliate revenue streams? And what are the challenges of running a site that makes 100% of its money from affiliate marketing? Matt and Andrew dive into the revenue and risk of each of their money-making affiliate sites. Enjoy!

P.S. Speaking of affiliate marketing... the newest Money Lab course is here! Check out Matt's in-depth affiliate course at www,MoneyLab.co/Affiliate.