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EXECUTION Starting new Progress Thread after attending the Summit...

Discussion in 'Progress/Execution Threads' started by GravyBoat, Feb 19, 2018.

  1. GravyBoat
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    GravyBoat Silver Contributor Read Millionaire Fastlane Speedway Pass Summit Attendee

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    You leverage an accounts following by paying them to post your content. A percentage of their followers see it due to Instagram's algorithm in their Instagram feed (when they're scrolling through). You must do due diligence to make sure their followers are legit (buying fake ones is easy). You don't wanna be serving your content to fake accounts. You want targeted followers that are more likely to buy your product. Using sites like Instagram Engagement Calculator | Phlanx and YouTube, Twitch, Twitter, & Instagram Statistics - SocialBlade.com help you determine if they're legit. If you see a spike in followers quickly over time, that likely means they paid for fake followers. You want the engagement % to be over 2 or 3%. The higher the better, this means the followers are commenting and liking the account's posts. You want this.

    There are also "engagement groups" that Instagram accounts get into, basically a big clusterfk of accounts trying to grow, so they all like/comment on eachothers posts. These are real accounts, but you also want to avoid accounts that are in engagement groups because again, the accounts seeing it aren't gonna buy from you.

    Hope that makes some more sense. I absolutely hate social media in general, but instead of rebelling like I used to, I make it make me money. Somehow I get MORE satisfaction knowing that I'm actually MAKING MONEY from something I don't like lol.
     
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  2. GravyBoat
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    GravyBoat Silver Contributor Read Millionaire Fastlane Speedway Pass Summit Attendee

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    It never ceases to amaze me how no matter how different people are, if they're on this forum, we have a 99% chance of getting along like old friends.

    It's also amazing how extremely successful guys like @SteveO and other successful people I've hung out with always enjoy hanging out with my 22 year old self who hasn't accomplished much in comparison. We simply "speak the same language" no matter what stage of the process you're in.

    My mom runs the "Business Professionals of America" group for a local high school back home. The keynote speaker from one of their conferences was the guy who founded Roady's Truck Stops (https://roadys.com/). Guy is a billionaire. She approached him and asked if he would make some time to talk to me in the future. He blocked out 30 mins or an hour for a few weeks down the road. I drove about 6 or 7 hours to the corporate HQ to meet with him, just to shoot the sh*t and pick his brain (I was 18 at the time). We started talking, got into what I was doing, what he does, and this guy ended up cancelling the rest of his meetings for the day to continue talking to me. We talked from noon until 5PM. 5 hours. Of a billionaire's time. For my 18 year old a$$. Net win for both of us. He loved it.

    THAT is the power of the language :)
     
  3. GravyBoat
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    GravyBoat Silver Contributor Read Millionaire Fastlane Speedway Pass Summit Attendee

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    I proved to myself over the past few years that you become just like the closest 5 people you hang out with. That's why I'm hanging out with business people now. It was time to get serious and quit fcking around.
     
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  4. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    Thank you. That's very clear. I now understand how you hold your nose as you shovel in the money from promoted posts ;-)
     
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  5. GravyBoat
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    GravyBoat Silver Contributor Read Millionaire Fastlane Speedway Pass Summit Attendee

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    Just to be EXTRA clear just in case you're thinking about using IG, the "Promoted posts" are actually "Facebook ads" run on Instagram. I also run Facebook ads, and through Facebook, Instagram-Facebook ads. These are different from the shoutouts I was talking about though and haven't had as much success. Shoutouts are done through DM (Direct Message) or email, actual Facebook and Instagram ads are a completely different animal. Let me know if you have more q's.



    -----------------------------------------------------------------------------------------


    Not alot to update on Biz 1 or 2 right now, been working heavily on both. My sleep schedule is totally backwards, I haven't gone to bed before 6AM PST in weeks. Been working heavily with VAs in the Philippines to automate Biz 1 as much as possible so I can focus more on Biz 2. Biz 2 won't make money for a while but the potential is faaaar greater than Biz 1. Biz 2 we are creating a platform. Biz 1 I'm stuck in 2 sales channels (Shopify and eBay), which is okay for now but violates the Control Commandment.

    I'm also kind of sketched the more I teach the VA's. The wife part of the team is very loyal, calls me sir, knows my credit card info, passwords, (yes I got a different CC account and changed passwords)etc but I rarely hear from the husband side of the team. His work is just fine, same as hers, but I feel like maybe he's realizing every part of the business and wonders why he isn't doing it himself..... you never know. For now though, they're kicking a$$.

    Biz 2 is going to be a long and tough process. I've talked to several people about it, and the industry is completely foreign to them. I guarentee it hasn't been talked about on the Fastlane Forum yet. We INC'd, have trademarks and provisional patents filed, but I'm limited on what I can share here because of the partners. They don't understand this place.

    Once we get further I will do a detailed progress thread. Basically me breaking into a very new, unknown industry, all while not knowing much about it myself previously :happy::happy:
     
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  6. GravyBoat
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    GravyBoat Silver Contributor Read Millionaire Fastlane Speedway Pass Summit Attendee

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    Update:

    I've struggled with shiny object syndrome this year:

    I'm finally getting rid of my Shopify business (selling it for a few k to fund another business). Thankfully I was able to find someone to take it over on a group chat I'm in.

    "Biz 2" was a "Litigation Finance" based business. Basically where we helped accredited investors invest in lawsuits, and take a portion of the winnings. We are no longer pursuing this business. The business partners didn't work out, amongst other things. Don't go into business with your friends. I've been told this 10,000 times but now that I tried it for myself, I really know the answer. Thankfully we are still friends and that business that likely would have wrecked the friendship no longer is happening.

    This has COMPLETELY turned around, now I am waking up at 6AM every day, going to bed by 11.

    Right now, I have one business running in the background, one business that I'm working on, and one "side project" that I'm basically putting my weekends into.

    Business one is almost fully automated. I have 2 VA's that run it, so it brings me money every month without me doing anything (besides putting out the occasional fire). This is paying my rent at this point, so I'm happy with it, and continues to grow albeit slowly. One VA was working on it full time (growth wise), until I poached him to work on this new thing lol.

    The new company is doing B2B wholesale. I will disclose more details later. I have him doing all of the back end work, while I focus on calling, customer relationships, PR, and advertising.

    The third thing I'm doing is leveraging another person's business, and trying to make a course to sell to others on how to do it. It's a local service based business. I am not going to be on camera, but we are filming this guy in order to put together a course. Leveraging someone's years of knowledge in an industry, and going to sell it to people that would benefit from it. This is my "weekend project."

    In other news, I took a sales job at a mortgage broker for 3 days in order to learn some skills on the phone. I've done 5 years of phone support before this, so I would like to say I'm decent in talking to people on the phone, but this job gave me a little bit of an edge I didn't have before (a sales edge). Glad I did that.

    Been continuously meeting up with new, exciting Fastlaners, and other entrepreneurs.

    I'm on the right path, just have to keep grinding.
     
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  7. Tiago
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    Tiago Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    Wow! Solid update, especially seeing how you turned your sleep schedule on it's head. It's fun when we see that things can so easily change. Respect!
     
  8. GravyBoat
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    GravyBoat Silver Contributor Read Millionaire Fastlane Speedway Pass Summit Attendee

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    It seems like every time I update this, I'm working on something different. The only reason I haven't made a new thread yet is because I want to be able to look back on this and realize what was going on during this time.

    Working on the course for the service business (how to start your own XXX service business). Making strides. Re did all the videos with professional equipment. Re-doing all of the ad videos next. Been working for the guy for some side money as well.

    Some sh*t happened with my VA's. The husband "left" the wife and stopped paying the internet bill, so they literally can't work right now. They are still trying to figure things out but I've stopped relying on them as much for the time being.

    eBay account has been "restricted" for over a month now so no income from that. Been calling them every few days for an update, but I'm kind of sick of it at this point. Might just sell the account and call it a day with that business.

    Tough times right now. Still grinding though. Once your desire to succeed is greater than your desire not to fail, then you win. I think I've reached that point... Don't care about much else in life at this very moment besides business (but still not skimping on gym/nutrition!!)
     
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  9. DVU
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    DVU In Progress Read Millionaire Fastlane Speedway Pass

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    Be sure to check out DotComSecrets and ExpertSecrets by Russel Brunson if you are going down the path of teaching.

    Those two books are worth its weight in gold.
     
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