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Ai is taking over the world. Here's how to prepare
Join Money Toaster Monthly >>https://www.moneytoastermonthly.com
Watch the free Ai for Entrepreneurs training >> https://www.theaientrepreneur.com/free
Join the paid program >> https://www.theaientrepreneur.com
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Check out the details on The Work From Anywhere CEO "WFA CEO" where we teach you how to remove yourself from the business and become a chilled out 7-figure CEO.
https://www.digitalnomad.com/ceo
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Most businesses aren't that hard. But being a human is.
Here's why most people ACTUALLY don’t succeed in online business
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8 steps to start a $4k-$8k/month lifestyle business even if you have no idea where to start
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Wondering how you go from making 100k/yr to making $1m/yr?
Sometimes the answer is simpler than you think. In today's episode we'll talk about how to use "unlimited traffic" and funnel optimization to increase throughput and massively scale a business.
This episode is more on the advanced side.
For more basic level trainings, or to learn more about the concepts in this episode check out https://www.digitalnomad.com
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Keep starting over in business? Or want to switch to a new business instead of working on the current one? I feel ya, and I've been there. We talk about the strategies I use to keep myself entertained while building businesses
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What has Christian been up to for the past two years?
And where is he now? Get the answers plus 7 reasons why YOU should make this year your year to work remotely from anywhere in the world.
Travel isn't just about going on vacation. It will turn you in to a completely different person.
What is shorting a stock? Why was everybody going crazy? What was the war going on between Wall Street and retail investors? Today, we’re going to break down what exactly happened with GameStop stock.
Imagine you’re at a sushi restaurant and they serve miso soup. You have an insider tip that this weekend, they’re going to have a huge sale on miso soup. Maybe there’s some news coming out that people are going to want miso soup less, so the restaurant has to discount it to sell their existing stock.
Let’s say you ask the restaurant if you can buy 10 servings and pay the restaurant market price when Saturday comes. The restaurant agrees, you borrow the soup, then you go out and sell it for $5 per cup of soup. By the time Saturday comes, miso soup has been discounted to $2 per cup. You’ve sold the cups of soup for $5 each, and now you pay the restaurant $2 per cup. You made $3 per cup of miso soup.
That’s what shorting stock is. The problem occurs when you think the price is going to go down, but it goes up. If the price of miso soup on Saturday is $10, now you’re going to lose $5 per cup. This is what happened to hedge funds – they thought the price of GameStop would go down, but it went way up.
There’s an upside if the price goes down, but there’s unlimited downside if the price goes up. The price got pumped up by Redditors, but when your relative is telling you they want to invest for the first time and in GameStop, that’s when you know the stock is about to come crashing down.
If you want to learn more about growing your online business, visit https://www.digitalnomad.com/Podcast/
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The purpose of being an entrepreneur is to build a system that makes you money, not to simply just make money. A lot of people get those two things confused.
What happens if you build a business and start to find success? You grow as big as you possibly can, given the amount of time and energy that you have to devote. Then you start to hire for customer service, sales, etc., but not for the one thing you’re good at. All of a sudden, you have systems and processes for each part of your business, but you don’t have somebody to replace you. That’s going to become the bottleneck in your business.
There’s a common myth in entrepreneurship that nobody can do what you do. It’s just not true. There’s plenty of people who, when trained properly and given the right systems, can do exactly what you do.
Anything that depends on you is going to become a point of failure. You have to think about what tasks, if done repeatedly at a level of excellence, would grow your business.
If you want to learn more about building a system, visit https://www.digitalnomad.com/Podcast/
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When I started my first SMMA, I worked with everybody you can think of. I had all sorts of clients, and my head was spinning trying to figure out marketing campaigns for each of them.
The key to scaling an SMMA is keeping everything the exact same. When you go to add a new client and already have those campaigns dialed in, you already have testimonials that speak directly to your prospect. You already know exactly who to target.
It’s like clockwork. Copy, paste, profit.
When starting out, you have to do a lot of experimentation to find out what works. Try a lot of different industries to see which one you can get the best results for. Once you find where you want to be, just copy, paste, profit.
If you want to learn more about scaling, visit https://www.digitalnomad.com/Podcast/
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