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Internet Marketing and Entrepreneurship with Miles - Marketing Arbitrage Business Plan

Marketing Arbitrage Business Plan

08/07/17 • 39 min

Internet Marketing and Entrepreneurship with Miles

This video reveals the core cashflow component from my 'Pure Hustle Business Plan' that details how to make money starting with $0 This Marketing Arbitrage business model is a great way to build a marketing agency fast and I lay it all out for you here in even greater detail. If you missed the original video that covered the full pure hustle business plan, go here and watch it next: https://www.youtube.com/watch?v=p8JEFNMOg5Q If you want the next video in the series with the full Marketing Arbitrage course... Go here: https://www.youtube.com/watch?v=dAaVTFvxQHg What makes this business model so powerful is the fact that you are doing B2B sales, or selling to businesses that generate tens of thousands, or hundreds of thousands of dollars per month in revenue. They also have marketing budgets and usually need help adapting to the constant changes of digital marketing, social media marketing and mobile friendly web design. This video explains how you can become their trusted advisor and independent contractor who takes care of their digital marketing needs, without 'doing all the work' If you want to see step-by-step how to build a wordpress site and a sales funnel for clients, watch this video: https://www.youtube.com/watch?v=YsUNFZhqkEA This is the one business model that created all the difference for me on my path of paying off my student loans and building a full time income online. First off, it allowed me to get out of the cubicle and commute lifestyle which free'd up over 3 hours per day extra that I was able to sell digital marketing services and to work on my WordPress sites. Second, it put me in control of how much money I was able to make per hour. I went from a $25 per hour customer support job to doing $25 per hour WordPress development work, overnight. Then, once I solidified my team and got my skills up to where I could do the same work in half the time, I was earning $50 - $75/hour and more. All the while, I was able to offer my local businesses a great marketing service for much cheaper than US based designers and developers could. Plus building them a wordpress site focused on content marketing and SEO allowed their sites to outrank the more expensive sites that classically trained designers were selling for $10,000+ After helping them get their 'home on the web' built on WordPress, the next step was to offer additional marketing services, because it is easier to sell more to your current customers than it is to go find new customers. This is where you can build on a continuity component, also. Getting clients in at $500 - $1000 per month for 4 - 8 blog posts per month and social media management puts you at 10 - 20 clients away from earning $10,000 per month! For me, I was investing back in my business and putting every extra dollar I had into my student loans because getting out from under that debt fast was a huge emotional need for me. I felt suffocated by the nearly $50,000 in debt and this pushed me to work long hours, through the nights some nights, selling services I had never done before, but figuring it out along the way. The key to this kind of a model is to get good at 1) talking to business owners and asking the right kinds of questions that get them to admit/realize that their businesses need marketing help to step into the 'new age' of internet/digital marketing. 2) You need to get good ad outsourcing the small tasks to developers and designers in order to keep your time free'd up to do more of #1 Finally, the quality of what you deliver is 100% on you... You always have to go through everything you deliver with a fine-toothed comb to make sure that you are over-delivering to your customers. I also share exactly how I 'outsourced' the WordPress development as someone who had no experience with code at all... My hack for creating mock-ups and 'showing' the developers what I wanted was simple and effective. Although I'm not working this business model anymore, because my information product and affiliate marketing business are doing well enough at this point... I will always look back at this phase in my life fondly. This was my 'short cut' out of the rat race, but it still only created a 'self employed' situation... Which is only step 2 (of 4) on the cashflow quadrants. Learn more about the cashflow quadrants in this video: https://www.youtube.com/watch?v=_YqEt4HsNyk

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This video reveals the core cashflow component from my 'Pure Hustle Business Plan' that details how to make money starting with $0 This Marketing Arbitrage business model is a great way to build a marketing agency fast and I lay it all out for you here in even greater detail. If you missed the original video that covered the full pure hustle business plan, go here and watch it next: https://www.youtube.com/watch?v=p8JEFNMOg5Q If you want the next video in the series with the full Marketing Arbitrage course... Go here: https://www.youtube.com/watch?v=dAaVTFvxQHg What makes this business model so powerful is the fact that you are doing B2B sales, or selling to businesses that generate tens of thousands, or hundreds of thousands of dollars per month in revenue. They also have marketing budgets and usually need help adapting to the constant changes of digital marketing, social media marketing and mobile friendly web design. This video explains how you can become their trusted advisor and independent contractor who takes care of their digital marketing needs, without 'doing all the work' If you want to see step-by-step how to build a wordpress site and a sales funnel for clients, watch this video: https://www.youtube.com/watch?v=YsUNFZhqkEA This is the one business model that created all the difference for me on my path of paying off my student loans and building a full time income online. First off, it allowed me to get out of the cubicle and commute lifestyle which free'd up over 3 hours per day extra that I was able to sell digital marketing services and to work on my WordPress sites. Second, it put me in control of how much money I was able to make per hour. I went from a $25 per hour customer support job to doing $25 per hour WordPress development work, overnight. Then, once I solidified my team and got my skills up to where I could do the same work in half the time, I was earning $50 - $75/hour and more. All the while, I was able to offer my local businesses a great marketing service for much cheaper than US based designers and developers could. Plus building them a wordpress site focused on content marketing and SEO allowed their sites to outrank the more expensive sites that classically trained designers were selling for $10,000+ After helping them get their 'home on the web' built on WordPress, the next step was to offer additional marketing services, because it is easier to sell more to your current customers than it is to go find new customers. This is where you can build on a continuity component, also. Getting clients in at $500 - $1000 per month for 4 - 8 blog posts per month and social media management puts you at 10 - 20 clients away from earning $10,000 per month! For me, I was investing back in my business and putting every extra dollar I had into my student loans because getting out from under that debt fast was a huge emotional need for me. I felt suffocated by the nearly $50,000 in debt and this pushed me to work long hours, through the nights some nights, selling services I had never done before, but figuring it out along the way. The key to this kind of a model is to get good at 1) talking to business owners and asking the right kinds of questions that get them to admit/realize that their businesses need marketing help to step into the 'new age' of internet/digital marketing. 2) You need to get good ad outsourcing the small tasks to developers and designers in order to keep your time free'd up to do more of #1 Finally, the quality of what you deliver is 100% on you... You always have to go through everything you deliver with a fine-toothed comb to make sure that you are over-delivering to your customers. I also share exactly how I 'outsourced' the WordPress development as someone who had no experience with code at all... My hack for creating mock-ups and 'showing' the developers what I wanted was simple and effective. Although I'm not working this business model anymore, because my information product and affiliate marketing business are doing well enough at this point... I will always look back at this phase in my life fondly. This was my 'short cut' out of the rat race, but it still only created a 'self employed' situation... Which is only step 2 (of 4) on the cashflow quadrants. Learn more about the cashflow quadrants in this video: https://www.youtube.com/watch?v=_YqEt4HsNyk

Previous Episode

undefined - "If You Had To Start Over And Had No Money, What Would You Do?"

"If You Had To Start Over And Had No Money, What Would You Do?"

"Miles, If You Had To Start Over And Had No Money, What Would You Do?" My Answer Is The Pure Hustle Business Plan

Next Episode

undefined - Your #1 Priority As An Internet Entrepreneur

Your #1 Priority As An Internet Entrepreneur

If you've got your priorities wrong as an entrepreneur... Your business will fail. Learn the truth about where your priorities need to be here. To be honest with you, being an entrepreneur and building a business online is tough. most of the fake gurus trying to sell you information products and how to courses forget to mention that part. Their goal is to make it look simple so they can sell you something. As you've probably figured out the core concept is relatively easy, but it's definitely not simple. There are so many different moving parts, tools, and skills required that it can become overwhelming fast. Even just noticed the number of videos and the number of different topics I've covered on this channel... And I still don't feel like I've taught everything that's needed in order to run a successful business! As entrepreneurs, when we remove our focus from the most important thing... Or if we get caught up in the "unicorn mindset" of startups and investors, our businesses can crumble out from underneath us. This video reveals the truth about the number one priority you need to maintain focus on at all times as an entrepreneur online. At first it may seem counterintuitive to the jab, jab, jab, right hook concepts that many of the videos on this channel explain. But I go on to reveal how you are required to tie in education and value as core components to support yourself in delivering on this top priority. I can assure you that if you stay focused on the number one priority at all times and build systems, and train teammates to handle everything else... Your business will experience continued growth. In the moment you take your eye off the ball... All hell can break loose. No matter what your business model is, whether it is the marketing arbitrage business plan where you sell marketing services to local businesses as explained in these videos: https://www.youtube.com/watch?v=yqWa1rO1Z8k&list=PL0sOKzn__yK1kG4iGeccovRMbFDJ4DXr_&index=2 This number one priority rings true, guaranteed! I mentioned the marketing funnels playlist for internet marketers... Get those videos here: https://www.youtube.com/watch?v=QV-lq5Popvo&list=PL0sOKzn__yK35RrpdiI-5NMQ7gury5W9W The other videos referenced in this video can be found here : https://www.youtube.com/watch?v=0AGDHc8sMZc&list=PL0sOKzn__yK3LIIFmcusIkDzci9TdAwJY&index=1

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