Daily Content Machine

My favorite thing about this show is the different perspectives. On this podcast, you hear worlds collide and we don't hold back.

Matt and I have very different perspectives, but we let them play out here and everyone benefits.

I've never operated with a budget—personal or business. Matt swears by them.

We talk about the purpose of a budget, who it's for, when you might want one (and when not), and how to make sure you're controlling your money and not the other way around either way.

Regardless of your approach, you'll get a lot out of this episode on controlling business spending and accounting for your finances.

You might be thinking about starting a partnership, but I'm not sure you're taking this seriously enough.

You know when people say partnerships are like a marriage? It's not just an analogy. You truly are joining together with someone—and that means getting the WHOLE package.

Everything about this person comes with the deal. Their punctuality, communication style, mindset, how they treat you when they're stressed—you get it all. It's not just like a marriage in concept, it's like a marriage in that you're joining with a person!

If you do decide to go into business with someone, then there's the ownership split, the finances, the compensation, the payouts, the investments—it's all quite complicated.

Matt and I both have been (and still are) in various forms of partnership agreements and businesses. We share our insights and lessons learned from those experiences. We give you some tips on starting out and what to consider when thinking about partnering up.

We also touch on partnering with friends or family and if it's the right option for you.

Matt is in a ton of partnerships and has had success with many different arrangements. But for me, I explain why I have no plans to enter into any more partnerships in the future.

In Part 1 of the traveling to network series, we talked about the benefits of meeting new people and making valuable connections that can serve your business in tremendous ways.

But networking isn't just for meeting new people, it's also for deepening relationships you already have! Maybe you have a friend you met online or someone you don't get to talk to in person very often because they live so far away.

Getting together in person will accelerate that relationship many times the speed at which you could facilitate it online.

Forget meetups and conferences—once you understand the value of the right feedback and insight from the right person at the right time, it becomes a no-brainier to spend a couple thousand bucks Just to fly out and meet even one person because you know that you're going to get tens of thousands of dollars in value from that one interaction.

In fact, I'm doing just this. In the episode, I share the story of spending money to go on a retreat with some guys I've never met in person but have online relationships with. I explain why it's an absolute no-brainier of an investment for me and what I expect to get out of it.

Do you really need to travel to meet people when we have the internet?

Traveling is expensive and I'm an introvert. Those seem like two good enough reasons to stick to online-relationships.

But the value of face-to-face conversations cannot be overstated. You will build more rapport in a day you spend with someone in person than you will with tweets and instant messages over the course of a year.

In this energy-filled episode, we explore the multifaceted nuances and benefits of in-person networking. Networking may seem like a lame word, but we encourage you to disassociate from any stigmas you have with it. What we're really talking about is good old-fashioned relationship building.

Once you understand that a single conversation can completely revolutionize your business, you start to see the power and value of these kinds of interactions and why they're worth the investment.

What do you do if you want to motivate someone? How do you activate someone's hustle incentive? What drives them? What makes them want to do something?

Surprisingly, the answer is not money. That is, while money is important, it's only a baseline factor. People need to be paid such that they are able to live the lives they want to live, do what they want to do, and no longer have to worry about paying their bills.

But beyond that, money is not as much of a motivator as you think. It's actually one of the least significant. By understanding what truly drives people, you can give your employees the fuel they need to be motivated to do work.

Things like doing work that matters, receiving appreciation, feeling challenged, being given responsibly are all very empowering and are more important that money to many people.

We talk about finding what those incentives are for your employees and how to motivate them.

In this quick-fire episode, Matt and I share 4 mistakes we made that stunted our business growth in the past. Had we known these back then, Matt says just fixing one of these would have tripled his business in 6 months.

These are lessons we learned the hard way, so hopefully you can learn from our mistakes and avoid them so you don't stunt your business growth.

If you're planning on selling physical products, this episode is for you. It's all about growing an E-commerce business. We talk about which products to start with, how many, which E-commerce platform to use, marketing, shipping, pricing and more.

One of the questions we got was, "What if people are asking for multiple products? Which one do you do?" The answer depends on three factors: profit margin, popularity, and ease-of-management.

Tune in to hear us go deeper.

We've got a bit of a different show today. It's a shorter recording that was previously streamed live just to the Community members while we were still on air after an earlier episode. It wasn't going to be a show that we released.

Essentially, I had a bit of an intervention with Cory (he's our video guy and live broadcast producer). He's recently been saying "yes" to a lot of things and making a lot of commitments. I voiced concern for his focus given that he's saying "yes" to more things than he's saying "no" to.

Cory decided we should share the recording publicly with others who are also struggling with saying "yes" to too many things and not focusing.

We talk about how you can be unaware of opportunities you're missing if you're not giving enough margin to the things you want to be focusing on.

People often say there’s no such thing as a bad idea in a brainstorming session, but come on—is that really true?

Well sure, some ideas truly are bad, but that doesn’t mean they should be discouraged in the context of a brainstorm. An objectively bad idea may provide the perfect contrast and fertile ground for a great idea to grow.

This episode actually turned into a kind of brainstorm in and of itself.

We talk about some practical tips for coming up with ideas, using a whiteboard, Matt's reverse funnel of specificity, why location matters, the purpose of bad ideas, and why to come into a brainstorming session with a goal.

What if you could double your business? Sounds good, right? But what if you could 20x your business? Sounds even better, no?

Most people aren't even doubling. They find something that works, but then for some reason they move on to something else. Why? We're not sure, but everyone seems to do it.

In this episode, Matt and I share are most crucial business habits and mindsets. These are what we have observed to be the 7 most important factors to our business success.

This is an extremely fiery episode. If you want to get motivated, this is 100% for you. Be forewarned: no excuses are allowed. We embody the word hustle to inspire you. It's not about working as hard or harder than someone else: it's about being the best you that you can be.

We're going to teach you the importance of focus. We talk about why age doesn't matter. You're never too old or young to start and you're never allowed to make excuses. You will always find excuses if you're looking for them. Choose not to look for them.