Entrepreneur Like You

Entrepreneur Like You

By Chance ReynoldsBusiness
Download on the App Store

Entrepreneur Like You episodes

  • 148 | How to Leverage Someone Else's FB Group

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    Welcome to the entrepreneur like you with business attorney and entrepreneur chance, a daily podcast that brings you the best legal tips, marketing strategies, and storytelling tactics that will help you grow your business the right way,

    killer ways to get new clients or to at least establish credibility right now is to have a facebook book group and facebook groups. Generally I'm there. There's facebook group courses like if you're trying to learn how to, how to build a facebook group. Those courses cost about a thousand to $2,000 and they are not all that great, so they're generally taught by somebody who created a facebook group in the very beginning of groups before people were in like a thousand different groups and they built it up and congratulations to them, but it's not that easy. As easy to do it now as it was before, a much easier way to use a facebook group to get new clients or to establish credibility, is to leverage someone's someone else's group who's already done the hard work of building a group. Now there are a couple of ways you can do this.

    It depends on which industry you're in, but it's most common common and a internet marketing, but it's also pretty common in real estate as well. So there's some pretty big real estate groups and I'll just tell you kind of how, what I've done, so rather than building a full on real estate facebook group of my own, I went around to a couple of different facebook groups and just reached out to the admins of those groups and said, look, here's the solution I provide for real estate investors. Here's how I can help them. I'll give them a special rate on whatever I do. If you let me, you know, tell them about my solution in your group. About half said yes, about half said no. I'm the ones that said no. I then made a follow up offer and said, I will, you know, give you a, I'll, I'll give you an affiliate fee.

    Essentially a referral fee if you'd let me kind of, not necessarily selling your group but provide a solution in your group. And uh, no one actually took me up on that. I was surprised. But it depends on which industry you're in. So in real estate, I guess it might've been afraid I was going to sell too much in their group, but ultimately if they were honest with themselves and they looked at the solution that I provided, that would be a great way to do it. So here's what I suggest. Finding a group that accurately represents your niche, your Avatar, your ideal customer. You go to the Admin of that group. You tell them what solution you provide in your business. And you just say, look, I have two ways we can do this. This is how I've worked with other facebook group owners. First way is you could help, you know, I provide such a valuable solution.

    You let me kind of do this. I'm not overtly selling, but I'll provide special rate to people that come to me through the group. I'll give them like a free consultation or something like that. And then you, instead of driving people to a sales page, you drive them to a calendar, get them on the phone, talk to them, and then try to sell. And then you know, you close them that way. The second way that you can do it is that you just approached the facebook ad men and tell them that they can have a referral fee. Say every sale I make you can get, I dunno, 25, 5,100 bucks. Most of the time the people have the facebook groups specifically because they're trying to make money. So affiliate sales groups probably won't work because they're already running affiliate offers to their crowd, but you never know.

    You just have to approach them and just ask them. Just say, hey look, if not, that's fine. No big deal. I'm not going to sell it here without your permission, but I have something that's super valuable to to you know your, your group. The reason that you have the group is to provide value to these people. This will help them. They'll, they'll trust you more if they, if you allow me to do this, and you could make a little money on the side too and just explain it that way. So that's not a sleazy way to do it. That's the. That's ultimately the best way to do it on facebook because that's a way to get free traffic, like instead of paying for ads, you can already kind of leveraged this group of people that are super targeted and be willing to charge them a little less because you don't have to pay that money to get the new clients you already know.

    These are kind of warm, warmer warmish leads rather than just straight cold leads that you're trying to target on facebook. So I've had a lot of success doing that. I'm making probably, you know, half half of my clients come from from techniques like that, so try that. I, I guarantee you if you try and have group owners, you'll find somebody that it will work with. I mean you have to have a valuable solution, but if you don't have a valuable solution, this is also a good way. You know, I'll tell you what, if you do this and no group owners are biting, you probably don't have a valuable solution or you need to think about your solution so it can kind of work at two ways. Hope everybody's having a great week. I will talk to you guys tomorrow. Hey guys. Thank you so much for listening. I just want to say how much I appreciate everybody tuning in. I really, really appreciate it. If you're interested in actually speaking with me, one on one, jump over to llc freedom.com/calendar and grab a time from my hubspot calendar there and we can set a time to talk about your business. See what it is that you do, talk about, you know, what I do and see if there's any type of solution that I can provide to your problem. So that's llc freedom.com/calendar.

    6 min
  • 147 | How to Make Enemies on Facebook (And How Not To)

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    8 min
  • 146 | Why Do People Hate Lawyers... Wait, Okay, Now I Understand

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    Welcome to the entrepreneur like you with business attorney and entrepreneur surrender, a daily podcast that brings you the best of legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way. It's not like gets

    a, this is a huge, you know, news flash or breaking news that everybody doesn't already know. People don't like lawyers. When I first started to become an attorney and it's become more evident why this is over the last week. I talked about that in a second, but when I first was going to law school, I decided to go to law school. I had, I went to Phoenix, Arizona where I did my first year of law school. I had my truck shipped down there because I had to fly. I can't remember why. Why did that? Is that, uh, drove a u haul down there. That's why. So I had to have a pay somebody to, uh, basically tow my truck down to Phoenix when it got there a couple of days after I arrived. The Guy, I was super nice to him when he pulled up, I was like, Hey, what's going on?

    You know, we were just making small talk and he was like, unhooked my truck in front of the house. And uh, he was asking like, what are you doing here? You're moving here, whatever. I was like, Oh, I'm going to start going to law school. He's like, oh, so you're going to be a scumbag. This is the guy hadn't even paid them yet. Like he's still waiting on my tip. He felt comfortable enough calling me a straight up scumbag, uh, within like two seconds of meeting me despite the fact that I was completely nice to him. Um, and I was like, wow, so this is, this is what's to come for how people feel about lawyers. And the more I have gone through the experience of being a lawyer in law school and dealing with people, I understand where a lot of that animosity comes from.

    I think a lot of it comes from people that have been divorced. Mostly that's the main issue because there's an attorney on the other side that's just like in your eyes basically tried to destroy your life and um, you know, to the, to the divorce attorneys credit, like that's what they're not supposed to. They're not trying to destroy your life. They're just doing what they're legally required to do, which is get the best possible result for their client. Like they can't think about your situation. That's just how the legal world is laid out so it makes sense that people are going to like hate attorneys, especially in those that have gone through like those life altering, like life changing situations and uh, you've just had an attorney on the other side just like really railing on you and just say shit that maybe you'd think is not true about yourself and messing, messing up your situation with your kids.

    And I mean ultimately like it's not necessarily the attorney's fault that everything got messed up, but that's a good person to like point the finger at, at the end rather than, than taking a hard look at yourself. That's kind of what I think happens. People look at the attorneys and think they want to point the finger there instead of instead of really looking in the mirror at their own situation, but the attorneys have responsibility in that as well. But this week, man, not a good week for attorneys. This, there's the, uh, just all the bad things that are happening with attorneys right now in the news. Where do Rudy Giuliani who's just kind of just a disgraceful human being generally I'm just out making a fool of himself like over and over, just straight openly just lying about everything that he could possibly lie about. And this isn't anything politically motivated that I'm saying.

    It's just watch what he's doing, watch what he's saying. Everything he says is that a trick back and forth and he's just willing to say whatever to get on TV. He's Kinda just, uh, just, uh, attention, thirsty, just a bit of a scumbag a little bit and I think everybody sees that. And on the other side of that is the store stormy Daniels attorney, just so you don't think I'm like a picking sides here, Michael Avanti, who's even worse. The Rudy Giuliani. I'm just out for himself not giving a damn about his client whatsoever, both these people just out for to push their own agenda. And then of course, uh, trump's attorney, Michael Cohen, who, who's been getting terrible news every week about just some of the dumbest stuff you could possibly do as an attorney, like just that you could be this dumb, like recording your conversations with potential clients and stuff.

    It's just one of the things that if you go through law school, you should know better. I mean just any human to somebody who just watch us, you know, um, law and order with no don't record confidential communications with clients just so dumb. Such a dumb thing to do. He's possibly, he deserves to go to prison just for that alone, forget like anything to do with politics or trump or anything. Um, and then of course the super racist rant by the New York attorney that it turns out if you didn't see this. So the guy was in some sort of restaurant, I'm not sure but, but to people in the restaurant were speaking Spanish. I think it was an employee at the restaurant and a customer and uh, this, this attorney just like really went off the rails and Andy was just saying a bunch of racist, terrible things like, not even that, that uh, they were like based in any reality makes me think maybe this guy is mentally ill.

    I mean clearly he's probably mentally ill. So it's like you kind of feel bad for the guy and in a sense where it's just like you most likely just need to be like on a serious dose of meds. But, uh, I don't know how old this guy is. I haven't seen like what, what demographic he comes from. But I got to tell you, this is not something that, that surprises me at all. Like go into law school with some of these people. It was, you, at least I thought going into law school was going to be kind of surrounded by somewhat of at least half and half. Like social justice driven people that what they cared about was getting social. But social justice for people in the law was something that was a important to them. But it never turned, it was not like that at all.

    It was just like a bunch of a super rich, super insulated, white privileged. And I say white comma privilege. Not like white privilege, but maybe both, but just privileged bunch of assholes for, for the most part. That's how I felt about it. So when I see this sort of behavior depicted in the media and I see people just like lawyers are scumbags, I'm like, well, we're doing it to ourselves here. This is not a good look for and for good reason because the type of people that are going on and becoming attorneys for a lot of, a lot of the time are not the most well rounded people. And they, a lot of times get strapped with a lot of debt so they have no choice to but to be money hungry. I understand that aspect of it as someone who's strapped with a lot of debt from it.

    But, uh, it's no excuse for, for just like self aggrandizing, um, at the, at the detriment to your client and at the detriment to a attorneys just in general, like what their, what the public reputation is of an attorney and I don't really care that much about attorney reputation collectively. That's not really something that I think about or care about. I'm not even involved in any attorney networking stuff. I don't even know that many attorneys. Like I said, like most of the people I went to law school with, I didn't like them. I thought they were assholes. They were much younger than me. I was a little bit older when I went to law school, so they're off like, you know, at the bars and at the golf course and stuff. I had a kid when I was in law school, so I was just like hanging out with my wife and kid and a couple of people from law school that I got along with.

    But uh, not a good week for lawyers. It's unfortunate the head, these are the type of people that are representing me and when people meet me and they've learned what I do, this is what's in the back of their head or like these four people that I've talked about, so I don't know nothing to do really with the entrepreneurship today, but just be a good person. Just be a good. Hey guys, thank you so much for listening. I just want to say how much I appreciate everybody tuning in. I really, really appreciate it. If you're interested in actually speaking with me, one on one, jump over to llc freedom.com/calendar and grab a time for my hubspot calendar there and we can set a time to talk about your business. See what it is that you do, talk about, you know, what I do and see if there's any type of solution that I can provide to your problem. So that's llc freedom.com/calendar.

    9 min
  • 145 | Back From the Dead with Some Tips on How to Walk Away

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    6 min
  • 144 | Weekly Wrap Up & How Calling My Leads Tripled My Sales

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    Welcome to the entrepreneur like you with business attorney and entrepreneur chance read a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way. So

    I slow slacking on the podcast this week. I think this is only the second live recording I've done for the podcast this week. Maybe the third, I'm not sure, but yeah, it was just a little bit under the weather. So sorry about that. But it was still a good week. Um, I was at the office a lot less this week so I kind of had less things to talk about, but business was about the same. I think I sold maybe two less than I did the previous week, which, you know, of course I'd have rather have sold two more. But considering I was only at the Office for about 25 to 30 hours this week and uh, was in bed like most of the time. Um, that's still pretty good. So mostly what my sales came from this week, just doing a little bit of a weekly wrap up again where the facebook lives, when I do the facebook lives, which only think I only did one or two this week.

    Um, direct correlation with sales when I talk to people and ask them, you know, how'd you find me? They say I am pretty sure I saw facebook live somewhere that's almost a hundred percent of the time. What happens? They never know where it is unfortunately, or what it covered. But, um, that's how they come across my calendar and that's how I close them is on the phone. So really still loving that method. I'm not, I'm not seeing any downside to pushing them to the calendar other than that it takes time. But as I slowly start to build my email list by people go into the calendar. So if you don't, if you've never used an online calendar, um, essentially like you can just set up what type of questions you want to ask in order to set an appointment with you. And I asked for phone number, email name, and um, ah, I think that's all that are requiring and I them to tell me, you know, their name of their business as well because that's just on my crm, which is how I store, how you store information about your leads.

    Um, that's just one of the headings but I don't require that. So the main things I want to know where your name, your phone number and your email. Um, yeah, so that, that's what I do. I get, grab that information and then um, at some point, very soon, you know, in like the next four or five months, I'm going to have probably a couple thousand email addresses of, of really highly targeted leads even if I don't sell any loc. So those leads I will have other things to other solutions to them. So I'm by getting on the phone, the biggest benefit of getting on the phone with people is that you see what else they want. So obviously they all want [inaudible] but then there are other issues that they need solved. And for me, the main thing has been there, just like a, what do you do for taxes?

    Like can you help people set up their tax structures, give consults on, on people how, how people can do that. And uh, I don't as of right now but just getting asked that. So this last, this week I did something where I just asked like if I had that solution, would you pay me to solve that problem for you? And then every single person I asked that too was just like, yes, I would do that, especially in the real estate niche. So I was like, man, I need to solve this problem because when I'm not selling people on the phone, the main question they have is, um, the main thing they say is like, OK, let me talk to my accountant and then I'll get back to you. And I'm guaranteeing you when they go to their accountant, they're essentially taking the knowledge that I've told them and then they're just paying their accountant to set it up probably for twice as much as what I would do.

    But it's just, they know that person, that person is already doing their taxes, so they feel like it all needs to be done in the same place and I don't blame them, like that's a smart move on their part. If their, if their CPA will do that or there were accountants, whether we'll do that for them. So that's the biggest hole I see where people want that. They're looking to me for that information. And I have before just been saying like, I'm not a CPA, I'm not an accountant. Like I hate it when accountants give legal advice so I'm not going to give tax advice. But I think I've decided I'm just going to learn how to do the tech side, um, or hire somebody that does and just launch at a different aspect of my business that does that accounting for people as well.

    And probably maybe a higher level tasks consult. So pretty much made that decision yesterday. Talked with some, some potential business partners and just told them kind of what I do and the the gap that I need filled for my customers and what, what the, what the problem is, how, how we can solve it and essentially it's just like I need to learn it and I know a lot about it, but there are some holes in my knowledge. So as I normally do, I will be getting a course on how to learn this on how to do the tech stuff. I don't think it's really all that complicated. I'm already know everything for the contractual liability side for, for the [inaudible] art. So I'm going to have a huge edge on other other accountants that don't understand that which to me is maybe one in [inaudible] gets that side of it and I'm sure they look at attorneys and they're like only one in [inaudible].

    And understand the tax implications. And I'm definitely not one of those one in 10 right now, but I hope to get there. So I'm going to be looking to provide that solution all every sort of accounting solution. So it's going to be. If it's as simple as bookkeeping all the way up to, you know, the highest levels of tax tax strategy for people that are wanting to, you know, sophisticated things with like self directed Ira's and retirement plans where you are getting significant tax advantages by using trusts, Iras, things like that. I know a lot about the trust side of it. People have started to ask me a lot about the era of the self directed Iras, which if you don't know about that, it's just, it's just like a 401k essentially. I'm, I'm talking about those four are really know that much about it.

    So if you do know about it, I'll probably sound like a complete idiot, but the biggest broad strokes or that it's essentially like a retirement plan where you choose what to invest, the money that is sitting there at a lower tax rate because it's not realized income in for a certain number of years and so you can invest in real estate if that's, if you would like to do that more than like investing in startups or something like that. So it's self directed. That's all it is. You're just not trusting a third party to make all of the investment decisions for you. You are making the decisions essentially yourself. That's the broad strokes of it. Don't drive me emails. Talking about how little I know about it because I'm openly admitting I don't know that much, but people ask me about that. So I guess that's a common thing.

    So I want to know that, you know, I want to know how to solve the problems and getting on the phone has been a huge benefit to me for that because you're talking directly with people and you see what their problems are and at first it kind of annoyed me like, I don't do this. Call your accountant. I don't do this. Call your accountant. I've said that so many times and a half. The people are like, I will call my account and you know what? I'm just going to hire them to do this instead of you. And I would rather them hire me to do it. So that's something I need to add. This is, you've got to get the people what they want, and I didn't even have to ask them. They asked me, so they're telling me I want this, and I said, OK, if I provided this, would you buy this llc right now and buy another service?

    They're like, hell yeah, we'd be extremely interested to keep that all in house because they've already spent the time to talk to you and get to know you. You already demonstrated your value. So when your, when your clients or customers say they want something, even if you can't turn it into something profitable in your business, you better, you know, Phillip, that, that need, that desire for them or somebody else go going to and um, they're going to take your business. So that's the theme of the week is figuring out how to, what the problem is. That is the next step for my clients and then solving it. So the step one, but what's next? And that's their check. They're protected on their contractual liability, but how are they going to save money?

    Hey guys, thank you so much for listening. I just want to say how much I appreciate everybody tuning in. I really, really appreciate it. If you're interested in actually speaking with me one on one, jump over to llc freedom.com/calendar and grab a time from my hubspot calendar there and, uh, we can set a time to talk about your business, see what it is that you do, talk about, you know, what I do, and see if there's any type of solution that I can provide to your problem. So that's llc freedom.com/calendar.

    10 min
  • 143 | How to Talk Directly To Your Customer

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    Welcome to the entrepreneur like you with a business attorney and entrepreneur chance, a daily podcast that brings you to the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way.

    It'd be talking about this inner circle course that I'm in right now at somebody straight up a course, but it's like mentoring. It's kind of a cross between us mentoring, coaching and a course, honestly, like there's homework and things like that, which I, you know, I can handle a little bit of homework. It's fine with me. So the course that I'm talking about is the Jordan Stanley pain, inner circle marketing, real estate marketing. Um, but it doesn't have to be real estate like it applies to everything. For example, when I first started, uh, learning from Jordan, I took the first couple of steps in his real estate investment strategy for marketing and I applied it to my old seed business and it blew it up. Biggest month I had was in April. And it's no coincidence that I started using his tactics at the beginning of the month and that really like blew my business up. So this is a little bit more in depth than that.

    One of the first things that we did was write a letter that explains who we are in relation to who our clients are. So it's basically like the ideas that traditional marketing for real estate, it's just like, Hey, I want to buy your house, call me, I buy houses in your neighborhood. Like I'd like to buy your house. Just telling them what you do rather than telling them who you are. And since it's kind of a copywriting course, the first assignment was to tell them, you know, why we do what we do and who we are. So it's just like writing a little story and Oh my God, I just can't even imagine. I haven't started really doing any marketing and real estate, um, traditional marketing, like reaching out to people directly, but looking at what people are sending compared to what Jordan's stanley pain is suggesting that we send. It's, it's not even in the same realm. It's a complete game changer and he's just like, forget,

    you know, general generally speaking, if you speak since one 10th of what you normally would send and then just talk directly to the people that you're talking to and you'll have a higher conversion rate. So instead of sending 25,000 pieces of mail, you know, send 100 really targeted pieces of mail that are like, hello Suzanne, here's like, what's important to me about real estate investing, you know, I'm, I'm sorry that you're going through what you're going through, but I can help you get out of it. Call me. They're much more likely to call you in that scenario than just like a I buy ugly houses postcard, which is most people send. So it's definitely some kind of a game changer and I'm pretty super excited about that since I started using his methods. Like I said, I've made at least one sale per day in my business.

    I mean at a minimum I'm just off of and no paid traffic, no paid traffic. I'm thinking about dabbling into a little bit more paid traffic this week because my calendar is slowing down, but even when my calendar slowing down now I'm still closing, you know, making sales from people that I talked to one week ago, two weeks ago, people that I thought were were gone and it's like because I'm following up with them just eventually they're getting their stuff together and then they're just clicking the link that I sent them like two weeks ago. So I don't put any sense of urgency on the link or anything like that so they can eventually buy and it's working. It's working really well. I think most of my clients are happy. I've had only one refund, which I talked about on here when angry mom call one refund.

    So that's a pretty good, pretty good stats so far this week. I am obviously like moving a little bit more through the real estate stuff, but I am going to try to add some accounting solutions for my clients because every single client I've talked to has accounting questions and I'm just telling them like, go find an accountant and that's just not a good solution for them. And a lot of them, if I could say yes, I have an accountant in house that can help you with your s Corp stuff. Um, it's this additional, you know, $700 a month or whatever, uh, to keep your books and all that stuff. That would probably be pretty likely to just by. I asked the lady yesterday just straight up, like, if I had a solution like that, would you buy? Would you buy it? She's like, I'd be extremely interested.

    She stopped short of saying like, yes, guaranteed. But she's like, I would at least by the LLC right now, knowing that I had somewhere to turn with those questions and the ongoing filing stuff is a big deal. It's a big, big deal. And so I've, I've found a company that might be able to help me provide that solution and just really help my clients a little bit further down the road and then on an ongoing basis so I'm not just worried, you know, not just having to just take on tons of new clients. I can keep it smaller, I don't have to worry about taking on making, you know, several llc sales every day because I'll have ongoing income with the current clients that I have. So just nurturing those relationships that I already have long term rather than just playing the short term numbers game.

    So I'm thinking about doing that. Get to talk to somebody hopefully today about that. Let me know what you guys want to hear me talk about because I'm doing a lot of different stuff and I don't know what's the most interesting to me. I think the LLC stuff is probably the most helpful, um, not necessarily teaching you about the LLC but, but showing you what's happening in my llc business because it's probably the most likely sort of similar product, what you might be selling as far as price range and the tactics that I'm using there, um, are working the best of anything else. I haven't really done that much real estate. Uh, I've talked about on her why that is. I obviously haven't started doing the accounting stuff yet, but to me that's just tying into the llc stuff so that, you know, if, you know, Russell Brunson is kind of a value ladder, uh, trainings where it's like you start with one product and then you send people up through it.

    Um, the lcm starting, I used to think it was the, the end game. Like I just needed to get people and then I'd sell them and we'll see. And then the bigger money in it was the long-term registered agency stuff and that was the business. Now I'm starting to think that the LLC is not actually be the front end. That might be where they're coming in and that might be what's called a trip wire offer, like they're getting the LLC and that's just the beginning, really the highest thing, you know, the next step up is the accounting and the bookkeeping and then the highest part is like, you know, some sort of like large course. Um, that's, that's helping them, showing them what I'm doing in my business, something like that. I'm not sure. I know the next step is probably going to be some sort of accounting solutions.

    So let me know, like, just reach out to me, um, llc freedom.com/calendar. If you have any questions about the LLC specifically and uh, you know, I just want to know what you guys want to hear. Hey guys, thank you so much for listening. I just want to say how much I appreciate everybody tuning in. I really, really appreciate it. If you're interested in actually speaking with me one on one, jump over to llc freedom.com/calendar and grab a time from my hubspot calendar there. And, uh, we can set a time to talk about your business. See what it is that you do. Talk about what I do and see if there's any type of solution that I can provide to your problem. So that's llc freedom.com/calendar.

    8 min
  • 142 | Does Your Business Need a Customer Avatar?

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    Welcome to entrepreneur like you with business attorney and entrepreneur chance, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way. The first time,

    of course I ever took on online business was called Internet business mastery. It's just the names of all the internet business to have so, but I know I talk about a book that I love on here called expert secrets and there's another book by that same author, the author called Dotcom secrets and it's cheesy the names or cheesy, but they're pretty beneficial. Internet business mastery was a super-duper beginner course. I got turned on to it because of a guy named Pat Flynn, who does he kind of teach people how to do affiliate marketing, that that was what he was teaching people when I first found them and he teaches people how to, how to create podcasts and stuff. That's how I learned how to do my first podcast was through his free youtube videos and I don't listen to a much anymore because a, I dunno, I dunno.

    I just, he's, his persona doesn't fit me as well as some other people that uh, I've got turned on to now and some more personal branding's focused things than affiliate marketing things, but so in, in internet business mastery, and one thing that Pat Flynn teaches and a ton of the older stuff, I don't know if they're still teaching this, is that, uh, one of the first things you have to do is create an Avatar for your perfect customer. So that just means like Phillip Finding out who you want to serve and literally like, you know, finding a picture of a, of a male and a female posting up on a board, a creating like demographic info for them. Like what's their age? How much money do they make? What type of clothes do they wear? What a religion or that you want to try to think about every single thing that you can.

    Because when you, the ideas that like, once you know who that person is, then you can like speak directly to that person instead of it just being so speculative of who's going to be your customer. And I always thought that was a bunch of bs and I never fully went in on it when I, even when I did the Internet business mastery course, I learned a lot of stuff about how to plot out social media and use social media for your business. That was kind of the main benefit of that. And I still use some of the tactics and stuff from that course today. But, uh, the avatar stuff I never really bought into. But right now I'm doing this course with a guy named. It's not even a course, it's like coaching kind of from a guy named Jordan stanley pain. I've talked about him a lot on here recently because he's the one whose methods for real estate and an investment really helped me do in personal branding stuff for my llc business.

    And I'm still still learning on the real estate a front. And I still plan on doing that. And it's something that I'm actively working on and I'm gonna probably be doing that with a business partner. But we're running into some issues. I have extra issues of launching certain businesses because of the fact that I hold a license with the state, so when you hold some sort of license with the state in exchange for them letting you practice, you know, in whatever profession it is that you have to be licensed and you have to adhere to some extra guidelines, ethical guidelines, so everything takes a little bit longer unfortunately. So that's why I've been talking about doing this for so long and it still isn't happening. It isn't because I'm not taking action. It's because I have to really negotiate with them and deal with them and figure out like, what's, what's allowed, what's not, what's on the table, what's off the table.

    And it just, it's time-consuming. It's extremely frustrating, but at the same time I get to do a lot of stuff that other people don't get to you. I'm not complaining about it. It's just something that takes a long time. Um, which is unfortunate. So my son says all the time takes a long time. That's how I feel. But I'm dealing with the State Bar Association. So that's why a lot of real estate investors just side note, don't want to get a licensed as you know, real estate agents because once you have that license, it restricts what you can do. It allows you to do some other things, but if you're just looking to invest and that's it, you're not looking to like middle deals for people. If you're a real estate investing, you'll know, you'll know what I mean, that you don't want to have that license sometimes because it can kind of put the handcuffs on you in certain situations where you can't share fees, you can't accept fees certain ways. And I'm in that same position as an attorney where I can't, you know, talk to the same clients, uh, on the legal side that I'm going to have on the real estate investing side. Like once you've talked to her about one thing or the other than the other businesses that you have are off the table. So it creates this weird situation. Like with my [inaudible], this is a huge tangent, but with my old sees, a lot of times people want to follow up and get some other legal issue handled and I can't mix those two businesses

    for ethical reasons. I'm not going to go into exactly why it does actually make sense. When you look at why the state bar tricks it, it's like, OK, yes, if you represent the resident attorney, you're not likely to sue yourself at another business or something. You know like how they look at it as that. It's just a conflict of interest. Regardless when you create a customer Avatar, they weren't way off the rails, but when you create a customer Avatar

    you really can open up what type of copywriting you're doing and that's something I'm learning from Jordan Stanley pain and I've always thought it was bs that I've heard a lot of the gurus there split about 50 50 and you know the ones who had been doing it a long time. I think they're on the side of creating avatars, the ones who hit pay dirt and like knocked it out of the park with the Webinar that made them a million bucks right out of the gate. They, you know, a lot of them didn't create the Avatar and so they just followed a script and it worked and they are just like, you don't need an Avatar, but most businesses aren't going to, are going to operate like that. You have to operate for the long-term. So creating an Avatar is helpful. I've noticed just from like two days of being in the what's called the inner circle with Jordan.

    Stanley Payne another kind of like cheesy name, but that's just the way that Internet marketing is this cheesy names. So yes, creating an Avatar is just looking at every possible way, every, every possible detail of the person that you're going to be speaking to you. And then you can literally create your ad copy, like as if you're speaking to that person directly, like they're sitting there in front of you. What would you say to them? You know, and it helps you to sell to them and speak to them and just solve their particular problems. So ultimately that's what you're looking to do with an avatars, figure out who they are, all these issues that they're facing and how can you solve those problems for them. So I do. I fall on the side. Now if have definitely creating a customer Avatar, I think that's super duper important. It's one of the first steps that you should take when you create your business. Hey guys, thank you so much for listening. I just want to say how much I appreciate everybody tuning in. I really, really appreciate it. If you're interested in actually speaking with me, one on one, jump over to llc freedom.com/calendar and grab a time from my hubspot calendar there. And uh, we can set a time to talk about your business, see what it is that you do, talk about, you know, what I do, and see if there's any type of solution that I can provide to your problem. So that's llc freedom.com/calendar.

    8 min
  • 141 | What is Registered Agency and Does Your Business Need It? (FB Live)

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    19 min
  • 140 | Why Branding Has Helped Me And Paid Traffic Has Failed Me

    Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar

    -----

    ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast

    ------

    Join My FB GROUP: https://llcfreedom.com/group

    Youtube: https://llcfreedom.com/youtube

    Welcome to the entrepreneur like you with business attorney and entrepreneur chance renting a daily podcast that brings you the best illegal tips, marketing strategies and storytelling tactics that will help you grow your business the right way. Maybe a

    time when I would try to run specials, like try to run a special offer for a day and I would offer something crazy like back then I would seriously offer an llc for like $50 and I wasn't acting at the registered agent back then so I could do that. Now. The fact that I have a partnership where I act as registered agent in all 50 states, I can't charge that little. Like I literally, I would actually lose money if I did that because I have to have a business partner, so not like all $50 comes to me, but back then I would, I would gear up, I would plot out these offers. I would make all these videos and then I would run them as ads and it would just be crickets and I'd be like, I'm going to make, you know, at least a couple hundred dollars is when I first started my business, um, first started trying to run paid traffic to my business and I would, I would create, I would get these gifts ahead.

    A buddy of mine, Robbie Hurst, who was a WHO's a videographer and has, I mean he's more than a videography is like a, like just really good with everything media. He's very media savvy. He has a degree from a baylor and some sort of filmmaking. But I mean he's like a straight up actual film maker. And he taught me how to. I was thinking I needed all this fancy equipment and he taught me how to use, um, what does it movie to really easily do a couple things that take your crappy video to be like not as crappy. I mean, it's still crappy compared to like something he would do, but it's like rather than having to hire somebody to do it, it takes you like five seconds. Sexual kind of fun. It's like I record now. I like I movie so much from a couple of things that he taught me.

    I record my podcast every day on a movie and then I export it out as audio. Like a movie is awesomely powerful. Um, but I, I would, I would create these offers. I would put them together, put so much thought into. I think about it for two, three days, oh I'm going to do this and then the reaction will be this and then I'm going to grow my email list like this and I'm going to have these sales and then I'll try to upsell them something on the back side so I can like stay profitable and none of that ever worked. Like maybe you would get a couple phone calls here or there. But I was working so much like on, on like building funnels and the website and stuff. Like getting on the phone wasn't like really an option for me and I didn't feel like that was going to be a vital part of my business because I looked at businesses like legal zoom or somebody that does something similar who I'm trying to like, you know, my goal as I've said on here is to like be bigger than legal zoom. I know that's not ever gonna happen, but that's reaching high. Knowing that I'm probably not ever going to attain that. But having that in the back of my mind, like if I don't want to take one more call, I'm like, if I don't take that call where they're going to go to my competitor.

    Yeah.

    And looked at what they did. I thought I was good. Everything was going to be completely automated. Like how they are, what the most important thing was that I had a great website that could, was dynamic enough where it could include all the options that they needed. And then I just realized like, no, I'm fighting against that. That isn't working for me. I ran all these paid traffic. So, you know, brand paid traffic to it. I had a crazy low offer and it just didn't work. I was like, what the Hell is going on? And you know, I read tons of books about personal branding and Gary v I read his stuff and listened to tons of his stuff and Russell Brunson who,

    he gets a bad rap but. But his whole thing is just about personal branding and him and Gary v or like really, really similar with what they do. If you look at like what they're doing, they don't say the same things. Russell brothers is like super religious, so he's not like as blunt and he's not really kind of like a self help type motivator like motivational speaker the way that Gary v is. But if you read their stuff and you watch what they're doing, um, they're essentially doing the same thing. So it's just personal branding. But personal branding is scarier. It's like you want to think when you're in business like that, you could just create a bad-ass facebook campaign that's going to grow your business and you see people that do that and it's awesome for them, but, and I'm jealous of that for sure, but at the same time like there, there, you probably don't see how long it took them to be able to do that and probably they were doing personal branding stuff for years before they got to that point where even though they're driving cold traffic, it's not really cold because everybody in that arena knows who they are and they have a way of warming them up.

    A couple of different ways of warming him up that are, that are super creative. Like after they pushed that paid traffic, like webinars really kinda like warm people up. If you have the right price, product makes sense to do it that way. But for me right now, don't think though I don't have really a info product, so webinars isn't really gonna work. The best way for me to educate people's. Just sit down and answer their questions because a lot of people know a little bit about a lot of different pieces of the LLC and it's just one specific thing so they're not going to be interested in watching a whole webinar on [inaudible] cause I don't know what piece they need to know, but it all changed. Restaurant or personal branding and all this is a long story of just telling you, you know, I had a lot of success with a with an offer I ran yesterday just straight up off my facebook page.

    I didn't have to like run any ads. I didn't make 10 grand or anything like that, but I did set out a goal to, to, to give away, give away to sell five lcs for $97. Like just as the first of the month. People are broke first five people that reach out, like I'll set up your little. I've done that stuff before and got no response. Like nobody bought one now I did it and they all got snatched up and it's because of the personal branding stuff that I've been doing facebook lives every day and every person I talked to him is like, he had seen you like on a facebook live and I thought I need to probably do this and then I saw your offer and I was like, I better jump on this. And I was like, perfect. Like that is exactly how you want it to work.

    That's exactly why you do the facebook lives and the personal branding stuff so people know, like, and trust you. And then when you give them an irresistible offer, they take it. I mean, I'm not going to do everybody's all say for $97. That's insane. Like there's just no, it's not sustainable by any means. Even at one 97. Um, that's rough. Like as far as like how much money I'm making for the time I'm spending, but I'm just building this business. And in the beginning I know I'm not going to make like a ton of money, but I'm going to help a ton of people. And I've had the choice of doing one or the other in the beginning of my business. I would help more people and make less money. Um, I think long-term that's a better play. Um,

    yeah, that's what I think money is important. We need money to like live and it's, I'm not against making money by any means. I want to make money. I want to make a lot of money. You know, like when I look at my future, I hope I have financial security. That's why I want money. I want to be out of debt. I want to, you know, own everything that I have outright. I don't want to owe anything to anybody that's ultimately kind of the goal. But uh, right now like it doesn't matter if I charged two 97 or 97, neither one of those is going to complete that. You're going to get me closer to that goal. So I'd rather like help the people, which is the mission of LLC freedom. No, not lose money. Make a tiny bit of money, build up trust, show people that I am worthy of, you know, their, their business.

    And know, like, and trust me because I am honest and I'm doing what I'm saying when I'm not using like false scarcity tactics like the girl and everybody else has to go to the [inaudible] at 97. I see people that do the false scarcity. They're like, I'm going to do 100, you know, when to give away a hundred tee shirts for free. And then immediately they're like, oh, they all got snatched up. OK, there are five bucks. Really. Like they didn't give away for free. They're just like charging everybody the shipping. Um, so yeah, it was a good good day. I haven't run this the first time. I've run like a super reduced offer like that

    ever to any success. And I think that's a good sign because I didn't have to pay for it. I'm doing it still doing it through my personal facebook profile. At some point facebook might be offended by that and say I have to do it through a business page, but until then I'm going to keep doing what I'm doing. I suggest you do to Max out your facebook. I know this gets stigmatized, but you should max out your, your personal facebook profile to as many people as you can and then start showing them that you're valuable and then let them know of what your offers are and make those offers irresistible. And, uh, you, you're, you can grow your business and your brand that way. That's what's going on with me this week. Hope everybody's having a great week. Talk to you soon. Hey guys. Thank you so much for listening. I just want to say how much I appreciate everybody tuning in. I really, really appreciate it. If you're interested in actually speaking with me one on one, jump over to [inaudible] dot com slash calendar and grab a time from my hubspot calendar there and, uh, we can set a time to talk about your business, see what it is that you do, talk about, you know, what I do, and see if there's any type of solution that I can provide to your problem. So that's llc freedom.com/calendar. OK.

    11 min

About Entrepreneur Like You

From the publisher's feed

My Name is Chance Reynolds and I'm a Small Business Attorney and Entrepreneur. In this show, we'll be talking with entrepreneurs about real problems they deal with behind the scenes. I'll be talkingโ€ฆ