START YOUR BUSINESS
SCALE YOUR BUSINESS
GROW YOUR WEALTH
“Bad shit is coming. It always is in a startup. The odds of getting from launch to liquidity without some kind of disaster happening are one in a thousand. So don’t get demoralized.” –Paul Graham, co-founder of Y Combinator

Hey,

Greetings from Sunset del Mar Resort, Costa Rica.  Today is day 2 of this new email series I told you about yesterday… where I’ll be sharing my advice for free in 3 areas:

1.)  Starting a business

2.)  Scaling a business

3.)  Growing your wealth

Everything I share with you in these emails comes from experience and making a lot of mistakes in my own business ventures.

It’s not just stuff I heard other business gurus say, which I’m regurgitating.

The other day I was speaking on stage here at the resort during a Titanium Mastermind, and someone asked me about the challenges of building a business.

I responded, “do you want to hear about the normal challenges I’ve had, or the major catastrophes which come along every 90 days?”

Of course, they wanted to hear about the latter.

So I told them about 3 of them (there are many more) which literally cost me millions of dollars.

One was having too few merchant accounts back in 2015, having one of them suspended, and then having just over $1m usd locked up for 19 months.

Another was hiring the wrong person, who then stole all of my intellectual property and became a competitor hellbent on trying to put me out of business – which has led to me filing a major lawsuit against them.

A more recent one, was hiring the wrong team to oversee the multi-million dollar renovation of my resort, who were making side deals on just about every purchase.

I explained to everyone that if they wanted to build a big business; they’d need to pay for some very expensive lessons along the way.

The important thing is you learn fast and don’t repeat the same mistakes (and I’ll admit, sometimes I’ve been a slow learner!).

Each time you learn the lessons, you’re able to scale to the next level.  Business really is just a series of challenges put in front of you, which you’ve got to figure out how to solve.

When you solve them, you get paid. Lets get into todays training…

 

MOBE Daily#2-1

This is Why Action Trumps Perfection

Most new business owners want everything to be 100% perfect before they actually take action…

Big mistake.

If you try to get everything perfect, you’re NEVER going to execute your plan.

For example, when I finally did my first webinar, I made my first ever $97 sale online, and it was REALLY exciting.

In the video above, you will see how to stop procrastinating, take action, and start making more money today.

 

MOBE Daily#2-2

The #1-Mistake to Avoid When Getting New Leads

As you learn how to do paid advertising, you need to be careful not to overpay.

The maximum you should pay is your average Customer Lifetime Value.

If the average customer spends $1,000 with you, it makes no sense to pay more than that.

In the video above, you will hear me tell the story of what I was paying when I first started doing CPA (cost per action) marketing – it was WAY too much.

These days at the time of writing, I’ll spend over 800k a month on these advertising sources, but the cost per buyer is much less.

How To Make A Full-Time Income Online, Working Part-Time From Anywhere:

 

Wifi-Millionaire

Learn how to create a substantial income from anywhere in the world.  All you need is an internet connection, the desire, and at least 30 minutes a day to start.
 

MOBE Daily#2-3

How To Break Through Your Comfort Zone In Business

Let’s be honest, most people don’t like stepping out of their comfort zone…

They avoid things that stretch them, and they let their fears of the unknown hold them back from even starting a business, or, taking their business to another revenue bracket.

For example, you may have been conditioned all your life to make $50k per year, so stretching to make $100k or $250k might be out of your comfort zone.

In the video above, I explain how to get unstuck, break out of your comfort zone, and get the results you want.

That’s it for today.

Remember, if you want to get more of these each day, then just go to www.mobedaily.com now and let me know.

Matt Lloyd

 

Matt Lloyd
Matt Lloyd

FREE BUSINESS TRAININGASK MATT LLOYDSUCCESS STORIES
 

 

 

 

 

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Disclaimer stuff to state the obvious: I’m a marketer – I promote my own products. Often, I like to pass along testimonials of atypical results from my top achieving members. Please don’t assume you’ll duplicate their results It takes hard work, dedication, and persistence to make it in this industry (but believe me, it’s worth it!).

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