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1:02
MintMobile.com. Welcome to the econ crew
1:04
podcast. Podcast that for nearly 10
1:07
years has been devoted to helping
1:09
you to develop, launch, and sell
1:11
better due to see products for
1:13
Amazon and beyond. Hey
1:16
Amurik, welcome to the ecom crew podcast.
1:18
Hey Mike, how are you? I'm good
1:20
man, like I've known you for something like
1:22
15 years now and somehow I thought
1:25
that you've been on the podcast before
1:27
but we were at dinner the other
1:29
night, you're like no, never been on
1:31
the podcast, you're a horrible friend, you
1:33
never invited me to come do this,
1:36
so I felt bad and here we
1:38
are. That's funny, yeah, it's been a
1:40
while since we've known each other for
1:42
sure. I mean, you just follow me around like
1:44
a sad puppy dog and do everything I do.
1:46
You were doing poker, like when I was doing
1:49
poker, then I got an e-commerce, like, oh, I
1:51
got, I go do e-commerce. Now you're off doing
1:53
something else, we'll talk about it a little bit,
1:55
but it seems like we were on the same
1:58
path for quite a while. Yeah, definitely. Definitely. doing
2:00
the same things. You know, it's
2:02
a small world. So I always
2:04
like to just kind of do things
2:06
chronologically. Like what got you into
2:08
e -commerce back in, what was it?
2:10
2015, maybe 16? yeah, 15. So I
2:12
was working as a web designer
2:15
at law school here in Vegas. I've
2:17
been a web designer at a
2:19
time for 10 years, right? Like my
2:21
whole career was web design. Went
2:23
to school for web design and then
2:25
worked in Paris in an e -commerce
2:27
company, actually. But not doing e -commerce
2:29
at all. Just doing web design
2:32
and UX, like user experience. And
2:34
then I moved to the US
2:37
in 2011, find myself a
2:39
job, you know. And then came
2:41
across a course online, like someone selling,
2:43
hey, you can sell your stuff on
2:45
Amazon. And I'm like, what are you talking
2:47
about? Amazon is a website where you
2:49
buy stuff. Right, right. Well, someone's going
2:51
to sell it. Yeah, like it's weird. Like
2:53
for me, it's Amazon selling it. It's
2:55
like, you know, at the time, it's like
2:58
Walmart or Target or whatever, it's like
3:00
a retailer. And so I
3:02
got super interested into it. It
3:04
was the grill brush, Chris Guthrie, right?
3:07
Which I believe now works with Quietlight,
3:09
I think. Yeah, interesting. You know what's
3:11
funny? I have to tell you a story
3:13
about a grill brush. Yeah. We
3:17
were in
3:19
China for the first time. And
3:21
it was Michelle
3:23
and me
3:26
and Dave Bryant. And I
3:28
think Ian sells from now
3:30
MDS. And we were like
3:32
in this condo in Hong
3:34
Kong, in between Canton
3:36
Fairfaces. And had this like
3:39
hair -brain idea of like, let's see if
3:41
we can spin up a product like right
3:43
now and just see what happens with
3:45
like Facebook ads to a landing page and
3:47
just sell something. And it was a
3:49
grill brush. It's what we did. I swear
3:51
to God. It just, it brought back
3:53
a weird memory as you said that. And
3:55
it seems like everybody was either trying
3:57
to sell like garlic press or a grill
3:59
brush. That was the thing. And it was the
4:02
thing. And the thing that's crazy, it worked. That's
4:04
the thing that's nuts is it worked. Like
4:06
we didn't end up going to sell grill
4:08
brushes. We ended up going and
4:10
got a different product, but we were
4:12
just trying to prove a concept of like, can
4:14
this even work? Like, you know, this is
4:16
like going back to 2016. And I don't remember
4:19
exactly, you know, what we came across
4:21
on that trip and started talking about. But,
4:23
you know, Facebook ads was kind of like
4:25
the thing, like the thing at. Can this
4:27
work? And we just, you know, spent like
4:29
100 bucks, sold three or four grill brushes?
4:32
And we're like, holy crap. You know, we
4:34
want to get some dumplings, came back, like
4:36
sold some grill brushes that we didn't even
4:38
have. It was like a, you know, temporary
4:40
landing page. It didn't even really have the
4:42
product. We had to cancel the orders, but
4:44
it's so funny that you, that you were
4:46
talking about, you got into this because of
4:48
grill brushes or saw Chris's grill brush's grill
4:50
brush course. Yeah, it was wild at
4:52
the time like like you said like
4:54
the Facebook ads even Amazon at the
4:57
time was Was crazy you can take
4:59
whatever if you had Some notion of
5:01
marketing some notion of customer service and
5:03
you put something on there you rent
5:06
some ads and it worked. It's like
5:08
you just put your logo on whatever
5:10
Nobody knew what they were doing and
5:12
so you could really put something on
5:14
there and make it work. Listen. Yeah
5:17
So I did a bunch of stuff,
5:19
I was trying out a bunch of
5:21
stuff because it was all new for
5:23
me and so it was so exciting,
5:26
right? Like the entrepreneur, Shiny Object Standard,
5:28
which I still have today, you know
5:30
that. Yeah, we talk about that all
5:32
the time. We could do a whole
5:35
episode just about this. 100% we can
5:37
do 10 episodes. So I did drop
5:39
shipping at that time, around that time.
5:41
It was 2017, maybe, 2015, 2017
5:44
I think. And I was selling... like
5:46
some kind of fishing accessory
5:48
or whatever, ended up in one
5:51
month, it was November, one
5:53
month selling $450,000 worth
5:55
of fishing hook, the biggest
5:57
day was spending 20 grand.
5:59
on ads on one day. Awesome.
6:01
It's crazy. Like, you know, I'm
6:04
seeing like stuff that at that
6:06
time was just like blowing up
6:08
and then people will pay anything
6:10
to catch that bass, man. You
6:12
gotta, you know, you gotta, you
6:14
gotta, you gotta, you gotta, you
6:17
gotta, you gotta, you gotta, you
6:19
gotta try this new fangled fishing
6:21
hook. It gets, it gets, it
6:23
gets the bass or the salmon
6:25
or the, it's like, someone who's
6:27
into that hobby or that niche.
6:29
they can see something, a Facebook getting quickly, be
6:32
like, oh my God, I got, you know,
6:34
for $25, for $30 or $50 or whatever,
6:36
I gotta try it. You know, they already
6:38
have a whole tackle box full of these,
6:40
you know, fishing hooks or lures or whatever,
6:42
but this is the one, this is
6:44
the golf product that's gonna make me
6:46
shoot stronger and narrower. This is the
6:48
gun holster that's gonna help me, you
6:51
know, go shoot that deer better or
6:53
whatever, or whatever it might be, like,
6:55
like, like, like, like, like, like, that
6:57
like really kind of snap and get
6:59
you like coloring was our thing right
7:01
we have the coloring book products
7:03
and for people that were into that we
7:05
had the perfect product at you know the
7:08
right place at the right time you know
7:10
it was just a better mousetrap for 30
7:12
bucks I'll give it a try and it
7:14
aligns with a hobby and I love that and
7:16
so yeah I mean it was for you again
7:19
I guess perfect timing November you know
7:21
it's right around the Christmas season it's
7:23
so it's not only probably people buying
7:25
it for themselves or their buddies is
7:28
a gift but like wise buying it
7:30
for their husbands and stuff as well
7:32
and it's just that right price point
7:34
and wow yeah it's cool so what
7:36
happened with that I mean like obviously
7:39
I actually even know about the fishing
7:41
hooks or something by December January
7:43
things must have changed. No right in
7:45
November actually at the end of November
7:47
early December what happened is like I
7:49
was working I hired a friend to
7:51
work with me and He was running
7:54
the ads and the creatives and
7:56
at some point got wanted
7:58
to take a shortcut. and just
8:00
copied and add a copyright. And
8:02
so just copied that and launched
8:04
it with that. So copyright strike
8:06
right away, which is normal, you
8:09
know, like I'm not complaining. And
8:11
so after that, it was the
8:13
death of the at account. Like
8:15
you got one strike, Facebook is
8:17
like, uh-uh, bad at account, you
8:19
were not gonna send you any
8:21
traffic, you're dead. And so after
8:23
that, he was like. yeah really
8:25
hard to get back on and
8:27
we had to abandon the project
8:29
but it's funny like you say
8:31
we got lucky because this is kind
8:33
of like that it's like you it
8:35
happens like that you try something and
8:37
then you get lucky and then you're
8:39
successful in a way and you're like
8:41
oh I'm on top of the world, like
8:43
I can't do anything, anything I touch
8:45
turns into gold. And then you're like,
8:47
no, you just got lucky and followed
8:49
a few steps and then something happens
8:51
that you don't know what went wrong
8:53
because you don't know what you're doing,
8:55
you just got lucky. And so that's,
8:58
it's nice to see that afterwards to
9:00
be like, okay, what happened in that
9:02
project, what happened in that project, you know,
9:04
when you have like 10 years or 15 years
9:06
to go back to be like. Why did
9:08
I get successful with this? And why
9:10
didn't I get successful? Why did this
9:12
fail? And then be able to analyze
9:15
that, understand it, and so now when
9:17
you have a new project, be able
9:19
to reflect and be like, okay, we're
9:21
going to do it the right way
9:23
so that we avoid this, this, this,
9:25
and that. Yeah. And it's interesting
9:28
you kind of talking about that,
9:30
because I've looked back, done a
9:32
lot of reflection on a lot
9:34
of things lately, and really. like layer
9:36
it on top of, you know, all the other skills
9:38
I think I possess that help me make
9:40
a good entrepreneur, like I mean, I'm tenacious
9:43
and just don't give up and we'll work
9:45
hard at something until it works, but, you
9:47
know, if you're doing the right thing at the
9:49
wrong time, it doesn't matter how hard you work
9:51
sometimes or what you're doing, it just, it
9:53
doesn't matter. And, you know, kind of looking
9:56
back over the last 20 years of things
9:58
I've had, the most successful. with,
10:00
you know, I think back to the online
10:02
poker days, that was 100%
10:04
luck and timing, right? I mean,
10:06
like, I work my rear Randolph
10:09
up to that point in my
10:11
life and, you know, my job,
10:13
I was employee of the year
10:15
and, you know, it was just
10:17
a generally hardworking, tenacious person,
10:20
but layered on top of perfect
10:22
timing of getting into that space
10:24
in 2004, you know, I decided
10:26
to get out of it in,
10:28
like, 2011. It had got an
10:31
ultra-competitive and very difficult.
10:33
Got in some other affiliate marketing
10:35
stuff after that, mostly in the
10:37
WordPress theme space and some online
10:39
degree stuff. And again, just the right
10:41
time. It was the perfect time. Like
10:44
they're just the people that were doing the
10:46
marketing and that space were like
10:48
neophytes and just didn't really understand
10:51
how to do their job effectively. But they
10:53
got way better over time and now, you
10:55
know, it's a very crowded space. would be
10:57
really difficult and you know the same
10:59
thing happened with Amazon I mean like
11:01
in and e-commerce in general like when
11:04
we started drop shipping treadmills
11:06
and what would that have been 2012 you
11:08
know we were one of the few people
11:10
doing it right and we sold a million
11:12
dollars of the fitness equipment in our first
11:14
year like not even knowing how to take
11:16
a credit card so you know just a lot
11:18
of it is is just being at the right
11:20
place at the right time and I think that I
11:22
don't know, when you're younger, like you
11:24
never want to accept any such things,
11:27
you want to believe it's you, like
11:29
you're the, you know, you're the sole
11:31
reason that it was successful and, you
11:33
know, everybody else is an idiot and
11:35
it's all because of you, you, you,
11:37
what I've really realized at this point is
11:39
it has very little to do with that
11:41
and a lot to do with timing being at
11:43
the right place at the right time is
11:46
like just such a huge component
11:48
of success. I mean... And it's provable by
11:50
saying like if I was to go back
11:52
and do any of those three things and
11:54
work 10 times harder with more capital I would
11:56
still be a fraction of success, you know,
11:58
like trying to get into today. today. Like
12:00
if I started to try to do like
12:02
do online poker affiliate marketing right
12:05
now, like good, good luck. Not in
12:07
the U.S. You can do somewhere else
12:09
probably, but in the U.S. is going
12:12
to be rough. But anywhere, like, you
12:14
know, or same thing with like getting
12:16
into the WordPress themes affiliate space right
12:19
now. Like, I mean, there's huge players
12:21
in that space that, you know, no
12:23
matter how hard I try to would never
12:25
compete with. And same thing now, you know,
12:27
you know, you know, you know, you know,
12:29
you know, earlier and maybe explain this
12:31
concept because I think when you
12:34
realize this like you approach everything
12:36
a lot differently right like you
12:38
maybe you're starting to look for
12:40
things that have a timing component
12:42
you know you start to actually
12:45
look at that specifically I think that
12:47
maybe you realize that the the fuse
12:49
is short and to take advantage of
12:51
the time that you have in that space
12:54
effectively like laser focus you know and
12:56
not try to do everything all at
12:58
once and be all over the place
13:00
which you know I've definitely done
13:03
because you're wasting time in
13:05
a industry that's probably
13:07
going to mature. So when you
13:09
talk about this how do you
13:11
differentiate timing and trends? Yeah
13:13
I mean I think that come on sides
13:16
right I mean back in let's just say
13:18
2004 again starting all way back
13:20
there there was a a trend
13:22
of starting to play poker online.
13:24
Like there was a trend developing,
13:26
it didn't really exist yet, but
13:28
like there was a trend of poker,
13:30
you know, a macro trying to poker
13:32
becoming more popular, like rounders that come
13:34
out, then Chris Moneymaker ends up
13:37
winning the World Series of Poker, and
13:39
Poker itself is getting way more attention
13:41
in general. So like casinos are
13:43
starting to like open poker rooms, and
13:45
at the same time, like the internet
13:47
was starting to mature, the mature,
13:50
buying things online. and we're becoming comfortable
13:52
enough to make a deposit an
13:54
online poker room, which would have been
13:56
unheard of five or 10 years before that.
13:58
And even, you know, when we first... got started,
14:00
it was like, this will never work.
14:02
Most people are like, there's no way
14:04
in hell that people are ever going to
14:06
trust online poker rooms. Like, it can be
14:08
rigged, it can be stealing your money, all
14:11
of which ended up coming true. It's something.
14:13
Yeah. What was it, absolute procure or something?
14:15
I mean, it was an absolute focal, ultimate
14:17
bet, full-tilt, like, all, you know, were... Oh
14:19
yeah, faulted the whole scandal with full-tale, yeah.
14:21
Yeah, they all, they all, they all, they
14:24
all, they all did various bad various bad
14:26
various bad things, various bad things. but you
14:28
know the industry even survived that is now
14:30
really matured and the thing that's funny is
14:32
like it was banned in the US now
14:34
it's coming back you know slowly but surely
14:37
at a state level so you know those
14:39
are like the big the big trends and
14:41
then you know timing was just being at
14:43
the beginning of that wave like the the
14:46
wave had even like really started
14:48
developing yet it was just like a little
14:50
splash on the shore and you know again that
14:52
was all complete luck you know that
14:54
was you know looking back at it
14:56
realistically I was very lucky to, you know,
14:58
I lived in the Washington D.
15:00
Syria, my family on my mom's
15:03
side was from Atlantic City,
15:05
lived in Atlantic City, worked
15:07
in the casino, my grandmother
15:09
lived directly across the street,
15:12
like directly across the street,
15:14
like I'm not even kidding from
15:16
the Taj Mahal, there was like
15:19
a three-minute walk, and I would
15:21
go over there and play poker.
15:23
Actually, I was playing poker at
15:25
the Tropic, and then... Poker became popular,
15:27
I started hosting like a home poker
15:29
game, like I would have like 20,
15:31
30 people in my townhouse playing poker
15:33
once a month, and I happened to hop
15:35
online and was playing online and
15:37
was playing online poker and happened
15:40
to find out about the affiliate program.
15:42
And again, you know, I was already running
15:44
a side hustle, I was selling stuff on
15:46
eBay, and so like I think all this
15:48
kind of converged with having an
15:50
entrepreneurial spirit, like wanting a
15:53
side hustle, you know, whatever, and like
15:55
marrying all this together. And so, you
15:57
know, I wasn't thinking, I wish I was
15:59
smart enough. say in that moment, I'm like,
16:01
oh, well, like, I see this long-term
16:03
macro trend coming down the pipeline to
16:05
people are going to start playing a
16:07
lot more online poker. I was just
16:10
thinking for the minute. I mean, I
16:12
was in my 20s, I was like,
16:14
I can, I can find 10 people
16:16
to, like, sign up for this online
16:18
poker thing and make a few hundred
16:20
bucks. And then it just kind of
16:22
took off from there. And so I
16:24
think that both the trend and the
16:26
timing kind of coincide. you create your
16:28
own luck too because if you're not
16:30
having that spirit that entrepreneurial spirit and
16:32
you're not taking the risk or you're
16:35
not taking the action of oh let
16:37
me try this it looks like something
16:39
interesting it looks like something that can
16:41
take off you know you don't know
16:43
when you like you said you were
16:45
young and you're like you don't see
16:47
you don't see the picture ten years
16:49
from now but you still have that
16:51
thought that you're like let me try
16:53
this which Which is good and bad
16:55
for us, right? Because like I'm saying
16:57
us entrepreneurs, right? Yeah. It goes back
17:00
to the to the shiny object syndrome
17:02
because we're like, we do that. We
17:04
like we try a bunch of stuff
17:06
and then some are going to work
17:08
and some are not going to work.
17:10
The one that are going to work.
17:12
Yes, some of them is going to
17:14
be timing. Some of them is going
17:16
to be luck, but if you don't
17:18
try them, you're not going to tap
17:20
into this. throw a few darts and
17:23
then see what happens and then know
17:25
when to stick to it or when
17:27
to let it go. And that's really
17:29
the balance that you need to find
17:31
in a career like over you know
17:33
10, 20, 30 years of doing this
17:35
is like when to let it go
17:37
and when to like actually push deep
17:39
into it and and and be resilient.
17:41
Yeah. And I think that it's interesting
17:43
we can use a start analogy. I
17:45
think what you're saying is so true,
17:48
right. I mean You have to try
17:50
a bunch of things until you find
17:52
the successes. I mean, I talk about
17:54
the online poker thing or the other
17:56
affiliate stuff I did or e-commerce. Those
17:58
are the darts they hit. Right, I
18:00
mean there were lots of other things
18:02
that I tried that that were
18:04
just complete failures and just didn't
18:06
go anywhere and I spent somewhere
18:08
between a hundred or tens of
18:10
thousands of dollars, you know, depending
18:12
on what it was Realizing
18:14
that it just it wasn't the right
18:16
thing that it just it wasn't the
18:18
right thing where I think the shiny
18:20
object syndrome You know, I look at
18:23
that as like I am a hustler, you
18:25
know, I'm an entrepreneur by by spirit I'm
18:27
going to try to figure out a way What
18:29
do I try? What do I go do in order
18:31
to find something that works? And, you
18:33
know, and I don't know that that's
18:36
a shiny object thing because, like,
18:38
I mean, you have to iterate relatively
18:40
quickly when you start and realize,
18:42
like, okay, well, this thing's not
18:44
quite working out the way that
18:47
I thought, it was an interesting
18:49
idea, but, like, it was an
18:51
interesting idea, but, like, it didn't
18:53
quite work and it works really
18:55
well. Instead of just like
18:58
doubling, tripling, quadrupling down on
19:00
the thing that was working well, I
19:02
now need 10 things in that same
19:04
industry to like, you know, go be
19:06
the Roman Empire and conquer whatever industry
19:08
it is. And that's where things have
19:10
gotten me in trouble, right? And where
19:12
I'm pretty convinced I won't do
19:15
that moving forward. I think, you
19:17
know, just being focused, books like Essentialism
19:19
or the one thing have been
19:21
very helpful for me, along with
19:23
seeing a happen in practice with
19:26
in the entrepreneurial community. You
19:28
know, I'm in masterminds.
19:30
I have e-com crew, big fan
19:32
of e-commerce fuel, of MDS, of
19:34
other, you know, seller, seller summit,
19:36
other things that I've gone to.
19:38
And the consistent thing, the
19:41
person that has the high eight figure
19:43
or nine figure exit, they have
19:45
one company, right? And they have,
19:47
they have one thing that they focused
19:49
on. They pick the product. good better
19:52
and different and like stuck with that
19:54
thing that brand they weren't trying to
19:56
run an ice pack company and a
19:58
color book company and a company and
20:00
a hardware company like all at once.
20:03
There are private equity firms and people
20:05
that roll this stuff up and specialize
20:07
in that and that's fine and they can
20:09
be successful in their rent but that's
20:11
what they do like that's their their
20:13
secret sauce. Someone else is building the
20:15
business to start with and had focused
20:17
laser focused on building that and
20:19
so that's something I'm just I'm super
20:21
committed to like moving forward like I really
20:23
just want to be working on one thing
20:25
that's what I've been doing you know for
20:28
the last year. God darn man, it is a
20:30
relief. Like all I think about is one thing,
20:32
like I don't think about like
20:34
17 social media accounts across five
20:36
brands and like trying to like go
20:39
in in one direction or the other as
20:41
the tide flows or really as a
20:43
problem comes up, really, you know, the
20:45
business is running you, you're not running
20:47
the business and you know, it gives
20:49
you time to think, you know, it's
20:51
crazy, I've had time to sit down
20:53
and actually think about like what I
20:55
want to do rather than just drinking
20:57
from the fire hose, like whatever,
21:00
you know, hitting me right this
21:02
minute is what I have to
21:04
work on. And, you know, so
21:06
that's something that I think I've
21:08
finally learned my lesson. I think
21:10
I've gone through the drug rehabilitation
21:12
program and come out the other
21:14
side. And, you know, I know
21:16
I'm an addict, you know, my
21:18
tendency is to go do this stuff,
21:20
but I need to not pick up
21:22
that drink. And, you know,
21:24
it's difficult sometimes. he's on YouTube
21:26
I forgot his name he's saying pretty
21:29
much once you find the thing that
21:31
that works just hit that button over
21:33
and over and over until he
21:35
doesn't work anymore or until I
21:37
grow right and so that's a good
21:40
advice thing it's like once you find
21:42
the thing that works just double
21:44
down triple down quadruple down
21:46
right and then just hit it
21:48
until like the growth curves just
21:51
flattens when it's there then the
21:53
effort that you put in is
21:55
not showing in the numbers. Either
21:57
you continue until you find the
21:59
next... that makes that curve continue to
22:01
go up, or now you can just
22:03
pass it on, make it work at
22:06
that level because it capped, and then
22:08
you go and do something else, I
22:10
guess. But the thing is like, for
22:12
most people, and Hormozi says this a
22:14
lot, is like, we give up too
22:16
early, right? I mean, it's not the
22:18
only one that I hope says it
22:21
to, like a lot of people say.
22:23
And I've been very successful. I'm just,
22:25
you know, mentioning people who are. hundreds
22:27
of millions in revenue a year you
22:29
know so yeah it's not working you're
22:31
flattening it doesn't mean that you need
22:33
to give up it doesn't mean that
22:35
you don't know what you're doing anymore
22:38
like self-doubt is a big thing for
22:40
us too because we're working working working
22:42
and then you do 50 hours of
22:44
work or a hundred hours of work
22:46
and then it gives you a hundred
22:48
grand or whatever I'm just making numbers
22:50
right and then the next month you
22:53
put 500 hours and you got 20
22:55
grand out And you're like, what did
22:57
I do different on the first one?
22:59
Well, maybe it's not, it's not your
23:01
fault, it's just you haven't figured out
23:03
what the next step is. So just
23:05
continue at it and then you're gonna
23:08
find that next step. And most people
23:10
are just like, oh, if I did
23:12
a hundred hours last month, then I'm
23:14
gonna give up. Because it's what I
23:16
did last month. And it's not the
23:18
way it works. Yeah. So it's very
23:20
difficult to actually. have conscious of this
23:22
and continue, but also the same time
23:25
is difficult to be like, okay, I
23:27
need to let it go. This project
23:29
is not working. I need to just
23:31
drop it and go move on to
23:33
something else. And I think that's the
23:35
most difficult in this work in this
23:37
environment is to really make the decision.
23:40
Do I continue to push on it?
23:42
Am I being stubborn? You know, or
23:44
do I need to just... continue like
23:46
actually push on it another thousand hours
23:48
and then because this is the way
23:50
to go and that's not going to
23:52
be difficult to figure out sometimes I
23:54
mean because there is you know phenomena
23:57
of not giving up being a problem
23:59
All right, being
24:01
so stubborn that you bankrupt
24:03
yourself, chasing an idea that you
24:05
might have. And so I look back
24:07
at things, I feel like I've done
24:09
a pretty good job with this. Like
24:11
I push things, I don't give up
24:14
to a point where at some point, and
24:17
I think you always go, someone that's
24:19
tenacious is gonna always take a little bit
24:21
too far, like on a scale of one to
24:23
10, where like five is the perfect place where
24:25
you should stop. It's like you get to six, seven, eight,
24:27
you put too much effort into it, you should have
24:29
given up a long time ago kind of thing. I'm probably
24:31
like a six and a half. You know,
24:33
I go a little bit too far, but
24:35
at some point like reality kicks in and
24:37
I'm willing to accept the reality of like,
24:40
I had this idea or I've been working
24:42
on this thing. And by the way, it can
24:44
be something that was once successful that
24:46
is no longer having the same
24:48
benefits. And that has actually happened
24:50
in all three of my successes
24:52
as well. Like online poker hit that
24:55
point at some level, you
24:57
know, as Net Teller got shut
24:59
down and then Black Friday happened and absolute
25:01
poker in Old Town Bet and full tilt
25:03
and poker stars all got shut down and
25:05
they got found for these cheating scandals and
25:07
they, you know, people put out the US,
25:09
all these, you know, things at a certain point were just
25:11
like, you know, I got, this
25:13
was working really, really well at one point, but it
25:15
no longer does, you know, and the same thing
25:17
happened to some of the other affiliate stuff. And I
25:19
feel like we're kind of like at this inflection
25:21
point with e -commerce right now as well with
25:24
a lot of e -commerce businesses. I think there's
25:26
still a lot of room left for a
25:28
lot of successful types of e -commerce businesses. But,
25:30
you know, the days of just having like a,
25:32
a Me Too white label product
25:34
type business has kind of hit that
25:36
point of, you know, what point
25:38
do I stop knocking my head against
25:40
the wall trying to grow this business,
25:42
either top line or bottom line
25:44
when there's pressure from every direction.
25:47
And so, you know, I think that there's, there's
25:50
some tough decisions that may be made down the
25:52
road for that as well. You know, and I
25:54
think that happens and that can be a brand new
25:56
business that you have to make this decision for or even
25:58
one that's had, it's, It's
26:00
probably hardest, the one that's
26:02
had a lot of success,
26:05
that you've pulled a lot of
26:07
money out of it, and that's
26:09
what you remember. And, you know,
26:11
it's like a girl that once
26:13
loved you, but they tell you
26:15
they want to break up. It's
26:17
like it doesn't mean that
26:20
you don't still love them or
26:22
you don't want to be involved
26:24
in that, but, you know, it's
26:26
just the way things are sometimes.
26:28
what makes you successful because you're
26:31
not a two and you don't give
26:33
up early yes you push through that
26:35
threshold and then actually get to
26:37
the successful part instead of you know
26:39
digging for gold you've seen that mean
26:41
like digging for gold and there is
26:43
two people and the one that's like
26:45
right next to it give up and
26:47
you give up to early well gold
26:49
is right there is like behind behind
26:51
the wall but you don't know so yeah you
26:54
need to find that that really thin line
26:56
When do I continue or when do I?
26:58
Yeah. And I have quite literally, and I
27:00
don't ever really talk about this much on
27:02
the podcast, I don't like talk about money,
27:04
but I have, you know, quite literally have
27:06
made millions of dollars that I would
27:08
not have made if I was a two. Right?
27:10
I mean, like there's been... Sure. I think
27:12
I've told you, we end up talking about
27:14
this for 45 minutes, but back in the early
27:17
poker day stuff, I mean... we're actually faced with
27:19
a situation where it's like it doesn't like we're
27:21
going to be bankrupt either way if this doesn't work
27:23
out because we were already in too deep so it's
27:25
like might as well keep on going at this point
27:27
because like if i will bankrupt you with fifty thousand
27:29
dollars a debtor five hundred thousand dollars a debt is
27:32
exactly the same so just like let's let's go
27:34
you know but there's been other times you know since
27:36
then e-commerce is definitely one of those things where
27:38
you know I had a lot you know to stand
27:40
a lot to lose a lot to lose a lot more to
27:42
lose a lot more because we've a lot more because we had
27:44
a lot to lose a lot more because we had some
27:46
and stuck with things. And so yeah, I do think
27:49
that you have to have that type
27:51
of personality and the best thing
27:53
anybody can do that's listening that's
27:55
early in their entrepreneur career is
27:57
to be honest with themselves about this.
27:59
right? Like I mean, if you
28:02
are a two or a three on
28:04
this scale, you probably should step aside
28:06
from being an entrepreneur and go back
28:08
to having a job. And that's not
28:11
meant to be mean or rude in
28:13
any way, shape or form. You know,
28:15
like there's, we've all taken these personality
28:17
tests and to be good employees and
28:20
to help, you know, make us successful.
28:22
and you need a certain type of
28:24
wacko to be the leader that's gonna
28:26
you know take these chances right in
28:29
like society will fall apart if you
28:31
try to like be outside your your
28:33
comfort zone and in the end you'll
28:35
you won't succeed and so I don't
28:38
know like I mean there's a lot
28:40
of disadvantages to being a six and
28:42
a half on this scale as well
28:44
you know but you know I think
28:47
that the best thing that someone can
28:49
do is just be honest with themselves
28:51
if they really aren't willing to put
28:53
their their life savings at risk. or
28:56
work 16 hours a day, seven days
28:58
a week, and affect their health and
29:00
their other relationships, etc. for some period
29:02
of time to get this thing off
29:05
the ground and be willing to ignore
29:07
what everyone else around them is saying
29:09
and continue to go forward with it,
29:12
which is where I've been more than
29:14
once. And again, it seems like you're
29:16
irrational and the crazy one, but you
29:18
have to be willing to take it
29:21
to that level at some point. every
29:23
time you're the rational one and you're
29:25
the crazy one every single time in
29:27
everything you do it doesn't have to
29:30
be entrepreneur entrepreneurial you know are related
29:32
I can see with my fitness that's
29:34
true like half the time people are
29:36
like why are you doing this or
29:39
or you know it's like well you
29:41
know either you commit or you don't
29:43
so then you get the results or
29:45
you don't but yeah so to to
29:48
talk about what you said I mean
29:50
I'm gonna disagree a little bit on
29:52
what you said because even though I
29:54
agree with with the personality and who
29:57
we are like naturally I believe that
29:59
people can grow into something if they're
30:01
nurtured the right way and then they
30:03
get exposed to things slowly a little
30:06
bit more slowly right so the thing
30:08
is like most of us we are
30:10
from our childhood as well like what
30:13
happened to us in our childhood did
30:15
we have quick wins like or not
30:17
or you know and then we we
30:19
get there like do we take care
30:22
of our parents to Chris or not
30:24
like all these things right and so
30:26
I believe that someone I take an
30:28
example of e-commerce right and and Amazon
30:31
because that's what we know probably that
30:33
is when you when you want to
30:35
go on Amazon and sell supplements you
30:37
know you're going to go deep into
30:40
the tank of investing a lot on
30:42
ads a time a time. And so
30:44
the more it goes, the more you
30:46
have to spend money because the bigger
30:49
the market is and then the more
30:51
competition there is and then all that,
30:53
right? So if someone with 10 grand
30:55
should go into supplements, my advice would
30:58
be probably not. This is not a
31:00
good place for you to go because
31:02
you don't have enough capital and enough
31:04
experience to go into that. You can't
31:07
sustain for long enough, the whole, right,
31:09
going into the whole, to actually come
31:11
on top out of it. you should
31:14
pick something else where you have a
31:16
cap that's lower so you're going to
31:18
make less money at the end of
31:20
the day but you have a quick
31:23
win and you can actually get there
31:25
and then learn and then later on
31:27
go to a medium market and do
31:29
something like that and then go to
31:32
a very competitive market when you have
31:34
the money to do it and the
31:36
knowledge and so you don't bankrupt yourself
31:38
going there and you'd also It's money-wise,
31:41
but it's also psychologically, like you said.
31:43
Because if you go into something that
31:45
difficult, right? I mean, I consider supplements
31:47
to be difficult on Amazon. like most
31:50
difficult. Some people are going to say,
31:52
I know it's easy, I've made six
31:54
million, 100 million, okay, good for you,
31:56
but the thing is like it is
31:59
more difficult, it's more like there's more
32:01
to it than just another product or
32:03
simple product, simple niche, that's smaller, and
32:05
so you need the time to learn,
32:08
you need to allow yourself to learn
32:10
and not just go into into it
32:12
and bankrupt and then you give up
32:14
because like, ah, this e-comers thing doesn't
32:17
work. Or I'm too stupid to actually
32:19
make it work. Like you put it
32:21
on yourself, like some people do that,
32:24
right? They're like, ah, it's just not
32:26
for me because I'm not, this is
32:28
not for me. You just picked the
32:30
wrong line. That's all it is. You
32:33
can make it work. Just pick something
32:35
more simple and it's okay. We can
32:37
go in circles talking about this all
32:39
day. We're already over time. I want
32:42
to, before sign off though, I do
32:44
want to talk a little bit about
32:46
what you've ended up on. missed a
32:48
whole bunch of connected dots stuff in
32:51
between because we started chit-chat and but
32:53
another thing that we've had in common
32:55
is is using a team in the
32:57
Philippines. You had I think at our
33:00
peak 26 employees there before selling some
33:02
stuff off and scaling back but you
33:04
also hire there I don't know if
33:06
that was something you know I was
33:09
talking to you about at dinner one
33:11
night or something or you found it
33:13
some other way but you've taken it
33:15
to another level now and actually run
33:18
a team where you can outsource VAs
33:20
to other people and they're already trained
33:22
in Amazon, which is freaking cold because
33:25
everybody that we hired, we had to
33:27
train them ourselves and you know they
33:29
didn't know the vocabulary and all this
33:31
always stuff and it's just it's a
33:34
long road. So it's kind of like
33:36
a dream you know kind of thinking
33:38
back to like been able to to
33:40
have someone that starts on day one
33:43
that that understands Amazon, that understands, you
33:45
know, the platform and what Amazon PC
33:47
might be or like how to create
33:49
a shipment or deal with support or
33:52
whatever, you know, we would have spent
33:54
a lot less time in aggravation training
33:56
people. So... And I'll ask a couple
33:58
minutes here, tell us a little bit
34:01
about your VA placement service. Yeah, thanks.
34:03
So the way that he came across
34:05
is I was, so I created my
34:07
Amazon store back 20, 2017, right? And
34:10
it was working by myself and then
34:12
did like 750,000 on the first year
34:14
and then like 1.1.2 on the second
34:16
year, but I was by myself. So
34:19
I was working 60-70. hours a week,
34:21
like pretty much that was my life
34:23
doing everything and I was proud of
34:25
it. I was proud of it, but
34:28
I was overworked and no social life
34:30
and nothing and one day I was
34:32
at a conference and I was talking
34:35
to a friend and he's like, why
34:37
don't you hire someone to do that
34:39
work for you? And the mindset at
34:41
the time was like, why would I
34:44
pay someone to do something like and
34:46
do myself for free? Right. You know,
34:48
like that was my my answer. And
34:50
it's funny now that I say it's
34:53
completely ironiconic, right. So that stayed with
34:55
me for a few months and I
34:57
saw that this person again, that was
34:59
in August or July, I saw this
35:02
person again in October that year and
35:04
they were like, so how is it
35:06
going? And I'm like, well, still at
35:08
750 or whatever I was at, right?
35:11
Still the same, still working 80 hours.
35:13
And so they're like, so you're going
35:15
to hire someone or there's just going
35:17
to continue that way. And then now
35:20
like it kind of, you know, stuck
35:22
with me. And so I went on
35:24
to the recruiting. face which I've never
35:26
done before so he was very new
35:29
for me and in December found someone
35:31
a mom stay at home home that
35:33
run up she ran a customer service
35:36
department of like 40-50 people in the
35:38
Philippines before she stopped to take care
35:40
of her kids and then two years
35:42
later she's like okay I want to
35:45
go back to the to the workforce
35:47
right and so I was like okay
35:49
let's give it a try was five
35:51
dollars an hour project manager you know
35:54
I was like okay cool let's try
35:56
it no idea and then three months
35:58
later, I had my life back. Like
36:00
my whole business was running by itself,
36:03
almost all of it, you know, outsource
36:05
everything, discovered what an SOPI is. No
36:07
idea what an SOPI was at the
36:09
time. So it wrote down everything, you
36:12
know. And so I was like, wow,
36:14
if that works for me, if that
36:16
was in that position, right, all the
36:18
people are going to be in the
36:21
same position, then there's no way I'm
36:23
the only one that's facing this facing
36:25
this problem that's facing facing this problem.
36:27
So I run this for a year
36:30
and then I sold that business and
36:32
that business was sellable only because it
36:34
was run by someone else but with
36:37
VAs right I had a team of
36:39
three at the time when I sold
36:41
it and then I still managed this
36:43
business today with the team that was
36:46
there you know I'm saying like you're
36:48
still running it by itself and there's
36:50
a weird situation of like I sold
36:52
the business but they wanted you to
36:55
continue to maintain the business. So I
36:57
was like, listen, I can just tell
36:59
manage it for you, the team is
37:01
in place, it takes me a couple
37:04
hours a week anyway, and then I
37:06
take a percentage of the profit. So
37:08
it's great for me, it's great for
37:10
them, it's great for everyone, and then
37:13
the business is still growing today, so
37:15
that's awesome. So created via placement, the
37:17
day I sold, like the same month,
37:19
I mean, I sold April 1st 2019,
37:22
2019, so. started to grow that into
37:24
the Amazon space because that's where my
37:26
expertise was right and so we created
37:28
courses inside of via placement because the
37:31
problem like you said is like you
37:33
recruit people but then you need to
37:35
train them and then not everyone knows
37:37
and then you go on these platforms
37:40
are recruiting platforms and then they say
37:42
oh I know how to do this
37:44
I know how to do that but
37:47
you know it one way you don't
37:49
know it my way And then you
37:51
know, so you want consistency and we
37:53
wanted to offer consistency to the sellers,
37:56
right? And to everyone who wanted. to
37:58
hire from us so we know exactly
38:00
what our people know when we place
38:02
them and on day one they can
38:05
work. And the more we go, the
38:07
more we iterate this and so now
38:09
we have an SOP software that we
38:11
use that's very consistent that we put
38:14
in place with our clients, right? We
38:16
have a CRM that we put in
38:18
place with our clients as well. So
38:20
the more we go, the more we
38:23
implement more and more towards a turnkey
38:25
solution, but some people still want recruitment,
38:27
some people have. already a team. They
38:29
just want great people which we
38:32
can find them and then we
38:34
just recruit them for them and
38:36
then they place them internally. But
38:38
some people need the hand-holding and
38:41
they need all this turnkey solution
38:43
so that we can come in
38:45
and then get their life back. Excellent.
38:48
And that's VA placement. So
38:50
Victor Alpha. Placement.com
38:52
and we're working on developing more
38:54
outside of Amazon as well because
38:57
we found that need. So we
38:59
have executive assistance now, we have
39:01
more and more industries that we
39:04
develop and every single time
39:06
we develop the courses inside to
39:08
make sure that everybody that comes out.
39:11
is actually consistent with what we offer.
39:13
And so every single customer or clients
39:15
that come through us, they have the
39:17
same experience. Very cool. So if you're
39:20
in the mood for a VA and
39:22
want to get your life back, or
39:24
just need some extra help, go check
39:26
out VA placement. Like I said,
39:28
I have no numeric for 15 years.
39:30
He's crushing it over there. It's what
39:32
he's focusing on full time now, is this
39:35
just helping people with their staffing needs.
39:37
What's a good email for you as
39:39
well, Mark? It's Rick at va placement.com.
39:41
Just R. I. C. A. C. At
39:43
va placement.com. That works. But va
39:45
placement.com. There is a contact form as
39:47
well. That's gonna come to us. So,
39:49
yeah. Awesome, man. Well, have to have
39:51
you come back on. We can talk more
39:53
about business philosophy and maybe finish the rest
39:56
of your story. I don't know how we
39:58
got off on a tangent. but no
40:00
problem. This is exactly how things happen
40:02
when we're at dinner or something too.
40:05
It's like we start talking about one
40:07
thing and next thing you know it's
40:09
like similar to browsing Wikipedia. You know
40:11
you go on there to find out
40:14
about the history of a stadium or
40:16
how many seats a stadium has or
40:18
something next thing you know like you're
40:20
reading about the Sphinx. It's like, how
40:23
the hell did I get over here?
40:25
The rabbit hole of you too. Oh
40:27
yeah, 100%, man. Definitely. Well, thank you
40:29
so much for my donors. Yeah. Yeah,
40:31
thank you so much for having me.
40:34
Like, it was a pleasure. My pleasure
40:36
as well. Big of my friends.
40:38
Thank you. Marketing is hard.
40:40
But I'll tell you a little
40:43
secret. It doesn't have to be.
40:45
Let me point something out. You're
40:47
listening to a podcast right now,
40:49
and it's great. Podcasts are a
40:52
pretty close companion. And this is a
40:54
podcast ad. Did I get your attention?
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