The Business Method: Interviewing Billionaires, Billion Dollar Founders & the World’s Most Successful People 🎧🔥

Chris Reynolds
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Jul 25, 2017 • 31min

Ep.244 ~ 7 Years of Failed Entrepreneurship to a 7-Day Million Dollar Startup ~ Dan Norris

“Validation is not something that really works for small unfunded businesses.” Dan Norris Imagine spending seven years as a failed entrepreneur.  Imagine, the strains of selling your product and more money goes out of the bank account each month than comes in. Imagine trying to pay rent, maintaining personal relationships and having a family.  Every time you think about going back to get a job,  you feel sick to your stomach. It is a challenging path, and one that many entrepreneurs experience on one level or another. Today’s guest is Dan Norris, the founder of WP Curve and  The 7-Day Startup movement.  Dan went through this exact process as a failed entrepreneur. Then one day, he had an idea for a business that his fellow entrepreneurs thought wasn’t a good idea. He decided to launch the business anyway. Within 23 days Dan was profitable. Within 2 years he hit $1,000,000 in revenue and within 3 years he sold that business to GoDaddy.   Dan is now the author of four books and has now opened his own brewery in Australia. Join us for the incredible story of Dan Norris as he goes from failed entrepreneur, to building a 7-figure location independent business, selling it, and then starting a location dependent business. “(I) started WP Curve pretty much out of desperation.” Dan Norris 02:51: Gold Coast, Australia 03:35: Seven Years of a Failed Entrepreneur 06:50: What Kept Dan Going Through 7 Years of Failed Businesses 08:25: Getting the Idea for WP Curve 09:35: Managing a Family During the Low Times of Entrepreneurship 10:23: When the Monetary Shift Started to Happen 16:49: The 7-Day Startup 20:14: Create or Hate 23:06: Black Hops Brewery 24:00: Transitioning From a Location-Independent Business to a Location-Dependent Business Honorable Mentions: WPCurve https://wpcurve.com/ Dynamite Circle Forum http://dynamitecircle.com/ Xero https://www.xero.com/ InfusionSoft https://www.infusionsoft.com/ The 7-Day Startup by Dan Norris http://7daystartup.com/ Content Machine by Dan Norris http://contentmachine.com/ Operation Brewery Podcast http://blackhops.com.au/operation-brewery-podcast/ Operation Brewery by Dan Norris http://dannorris.me/books/ Create or Hate by Dan Norris http://dannorris.me/books/ The 7-Day Startup Facebook Group https://www.facebook.com/groups/592264044218722/ Contact Info: http://dannorris.me/bio/ Instagram: thedannorris Twitter: thedannorris Facebook: https://www.facebook.com/dannorrisinformly http://dannorris.me/ Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jul 20, 2017 • 27min

Ep.243 ~ Moving From Old Business Models to New Business Models and Hong Kong ~ Stephen Petith

Listeners, today we are joined by a serial entrepreneur that has built multiple 7-figure location independent businesses. Stephen Petith calls in from Hong Kong to join us on the show today.  Stephen is the co-founder of Global Private Partners and Sovereign Capitalists.  Together they are working to transform the way business models operate in the world. Today on the show, Stephen and I talk about why he loves Hong Kong from a business perspective. We then talk about the Cashflow Quadrant and the important differences between employees, self-employed small business owners, true business owners, and investors.  He dives into the differences between each one of these stages, and the importance of understanding each stage and growing to the next.  We also chat about the mindset of being a location-independent entrepreneur and learning to transform your business model. 01:54: Why Hong Kong? 03:43: Growing Into a 7-Figure Location-Independent Entrepreneur 05:59: Being Involved in a Community While Being Location-Independent 08:47: Global Private Partners 11:33: What is the Cashflow Quadrant? 15:49: Business Structures Moving From Old Models to the New Models 19:49: The Sovereign Capitalists Community Honorable Mentions: 'Rich Dad Poor Dad' by Robert Kiyosaki http://www.goodreads.com/book/show/69571.Rich_Dad_Poor_Dad 'Cashflow Quadrant' by Robert Kiyosaki http://www.goodreads.com/book/show/81922.Rich_Dad_s_Cashflow_Quadrant?ac=1&from_search=true 'The Four Hour Work Week' by Tim Ferriss http://www.goodreads.com/book/show/368593.The_4_Hour_Workweek?ac=1&from_search=true Contact Info: http://globalprivatepartners.com/ Sovereign Capitalist http://sjpetith.com/sovereigncapitalist/ Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jul 19, 2017 • 36min

Ep.242 ~ Building a 7-Fig Location Independent Business From Charity Adventure Races ~ Stephan Jacob

“Entrepreneurship can be very lonely.” Stephan Jacob Have you ever thought about mixing your passion, charity, and business together?  As this is a dream for many, I would say there aren’t a lot of entrepreneurs that successfully blend these three characteristics together.  Today’s guest is Stephan Jacob who is the co-founder of Cotopaxi.com. Cotopaxi is an outdoor adventure apparel company that has built its brand through outdoor adventure races while consistently giving a portion of their revenue to help eliminate poverty. Starting just three years ago, Stephan and his partner launched this idea and with some genius strategy and marketing. It has propelled them to have rapid growth and rapid success. Today, we will talk about how Cotopaxi started with just one adventure race in 2014 on a college campus, and it has grown to where they hold sixty adventure races around the U.S. and Canada this year in 2017.    “It (marketing through adventure races) is a much more subtle approach and a much more scrappy approach, then hitting them over the head with performance marketing.” Stephan Jacob 02:19: Who is Stephan Jacob? 07:06: Using Non-Traditional Marketing Events for Growth 12:32: Paternity Leave and Cotopaxi’s Progressive Policy 16:11: Building a Non-Profit Adventure Race as a Legitimate Form of Marketing 22:35: Indiegogo vs Kickstarter 25:02: Strategies for Crowdfunding Launches 27:32: Choosing Charities to Work With 30:13: Tips to Create a 7-Figure Location-Independent Business Honorable Mentions: Cotopaxi's Questival Adventure Race https://www.cotopaxi.com/pages/events-questival-home Ambassador Program with Cotopaxi https://www.cotopaxi.com/pages/product-donation-policy Contact Info: https://www.cotopaxi.com/ stephan@cotopaxi.com Subscribe to our podcast on iTuneshttps://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jul 18, 2017 • 24min

Ep.241 ~ $475,000 Kickstarter Campaign with 16,000 Backers ~ Mark Zhang

“But by far Facebook Ads account for about 90% of the pledges that came from outside of Kickstarter” Mark Zhang Last fall in Bangkok, I was attending a conference full of entrepreneurs from around the globe. There were around 250 attendees and out of all of them just a few stood out.  There were a few guys running around in yellow t-shirts that said: "Improve Your Sleep at the DCBKK Conference." They were handing out free sleep masks to the attendees.  Mark Zhang was one of those guys and he was using an excellent marketing technique to beta test Manta Sleep Masks. Fast forward to today, Mark and his team launched a Kickstarter for the sleep mask attracting 16,000 backers and raising over $475,000. Today, you will learn exactly how he did this! Mark’s Kickstarting History: Ran 3 Kickstarter campaigns in the past 5 years. 1st Kickstarter 2012: Slip Stopper - Raised $5,173 2nd Kickstarter 2014: Purggo - Raised $40,219 3rd Kickstarter 2017: Manta Sleep Mask - Raised $475,193 “We can come in here (Taipei) as a U.S. based business, pay the people better than they would be getting at most of the larger corporations here in Taiwan, and then still be saving in terms of cost from the labor perspective compared to the states.” Mark Zhang 01:33: Taipei, Taiwan - Finding Cheap Labor and Paying Them Well 03:41: Who is Mark Zhang? 06:50: Having Multiple Businesses Under One Holding Name 08:47: What is Mantis Sleep? 11:13: The 80/20 Process and Steps for a Successful Kickstarter Pre-launch email list Facebook ads Cross promotions Kickstarter momentum 15:52: Turnaround Time on Facebook Ads for Mark’s Kickstarter 17:27: What Mark Would do Differently Next Kickstarter 20:54: Profit from Kickstarter Honorable Mentions: Kickstarter https://www.kickstarter.com/ DCBKK http://www.tropicalmba.com/dcbkk-in-25-photos/ Dynamite Circle http://www.tropicalmba.com/dc/ Contact Info: https://mantasleep.com/ http://markzhang.me/ Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jul 17, 2017 • 35min

Ep.240 ~ Avoid Self-Employment Tax, Global Retirement Accounts and Living in Latvia ~ Bobby Casey

On today’s episode, Bobby Casey the managing director of Global Wealth Protection, is our guest. Bobby calls in from Latvia where he has been based for the past six years and we get into a great chat about why he chose that part of the world. There are some really great benefits about living in Latvia, and Bobby shares why he loves it.   Global Wealth Protection helps people with their residencies, offshore banking and incorporation abroad.  Bobby shares how important it is to manage your taxes, corporations, and business abroad to avoid unnecessary taxes and costs while living overseas. 01:35: Digital Nomads Today and Who They Are 03:25: Latvia and Why You Might Want to Consider It 07:56: How Affordable is Europe? 08:46: Comparing Living Expenses Inside the U.S. vs Outside the U.S. 10:52: Global Wealth Protection 14:53: Time Outside the U.S. Needed to Incorporate and Avoid Taxes 20:55: Countries with Great Tax Advantages for Digital Nomads and Location Independent-Entrepreneurs 22:54: What is a Global IRA and Why You Should Consider One 28:50: What it Takes to Build a 7-Figure Location Independent Business Honorable Mentions: IRS Form 2555 Physical Presence Test Bona Fide Residency Test Numbio.com Jet Blue Contact Info: https://globalwealthprotection.com/ Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jul 12, 2017 • 30min

Ep.239 ~ Managing Over $1 Million Per Month in PPC Spending ~ Michael Erickson

“I think a strong entrepreneur can get to 7-figures with a  ‘B-team’. But in order to break past 7-figures, you need a strong entrepreneur and a lot of ‘A-players’.” Michael Erickson Today gang, we welcome PPC and retargeting expert Michael Erickson to the show. Michael is the founder of Search Scientists. Search Scientists is a company that manages AdWords for businesses providing the best service possible to boost your their on investment. The company has been so successful that they were rated the top 5% of Google AdWords performance and the company actually manages over $1,000,000/month in PPC spending. On this episode we chat in depth with Michael about his process of building Search Scientists into a 7-figure company. Michael shares about his team building tactics that are needed to build a company like this. Later in the show Michael shares his philosophy on what is working with PPC and paid advertising in the market today. Then we will wrap up discussing retargeting and how your business could be missing out on a ton of money by ignoring this tactic. On Marketing “The same thing works all the time, it is the right message, to the right person at the right time.” Michael Erickson 00:10: Austin, Texas USA 00:49: Who is Michael Erickson? 05:33: What Helped Search Scientist Take Off? 07:41: Creating the Apple Store Feel for an Online Business 09:48: Things to Look for When Building the Right Team 11:18: What is Working Best for PPC and Paid Advertising in the Market Today? 16:34: Michael on Retargeting 23:54: What’s the Difference Between the 5,6 & 7-Figure Mentality? “As soon as you cross over 7-figures, I really do believe that you need to become the best leader you can possibly be with the people that you work with.” Michael Erickson Honorable Mentions: ‘Traction’ by Gino Wickman http://www.goodreads.com/book/show/8549192-traction?from_search=true ‘Good to Great’ by Jim Collins http://www.goodreads.com/book/show/76865.Good_to_Great?from_search=true ‘Built to Last’ by Jim Collins http://www.goodreads.com/book/show/4122.Built_to_Last?from_search=true Contact Info: https://www.searchscientists.com/ Twitter: searchscimike Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jul 11, 2017 • 36min

Ep.238 ~ Money Has No Morality ~ Nitin Chhoda

“Hiring employees based on their personality is much more important than hiring based on their resume.” Nitin Chhoda Imagine immigrating to a new country with no family, no friends, only $500 in your pocket and a dream. You get a job delivering pizzas for extra money and are forced to sleep in your car. Then over the next fifteen years, you build multiple 7-figure businesses. Today’s guest is Nitin Chhoda and he is the man that did just that. Nitin is the founder of TherapyNewsletter.com, an automated newsletter, and marketing software, InTouchEMR.com, a medical records software, Clinical Contact, a software for the medical industry, and Total Activation, which is a skincare and nutritional products business. Nitin shares with us what it took to build these businesses starting from absolutely nothing. He dives into some suggestions about how to increase your brand and image awareness while growing a successful business. He will also share about the importance of our relationship with money and how money has not morality. 02:42: Who is Nitin Chhoda? 07:12: Businesses that Nitin Built Into $1,000,000+ Businesses 11:02: After Building Multiple $1,000,000 Businesses What Would Nitin Do Differently? 11:59: Nitin On Building Many Remote Teams 15:32: The Morality of Money 19:11: The Importance of Popularity and Making Money 23:37: Tips For Established Entrepreneurs to Increase Their Image and Increase Profit “The people with (a) wealth conscious simply focus on creating the circumstances that cause money to attract to them.” Nitin Chhoda “Money moves to those who ask for it without any feeling of awkwardness, or weirdness or guilt.” Nitin Chhoda Honorable Mentions: Therapy Newsletter therapynewsletter.com/ In Touch EMR intouchemr.com/ Clinical Contact clinicalcontact.com Total Activation www.totalactivation.com/ Young Entrepreneurs Council yec.co/ Contact Info: www.totalactivation.com/ nitin360.com/about/ intouchemr.com/ Subscribe to our podcast on iTunes: itunes.apple.com/us/podcast/entre…d1069958541?mt=2
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Jul 8, 2017 • 48min

Ep.237 ~ The Content Marketing Godfather ~ Joe Pulizzi

“I’m the first one to say follow your passion, but sometimes you just can’t monetize your passion. You got to realize that!” Joe Pulizzi Thank you for joining us once again listeners and are we excited today to let you know about our guest. Today, we have the man who is known as the Godfather of Content Marketing, Joe Pulizzi on our show!  Joe started Content Marketing Institute back in 2007 and later started Cheif Content Officer Magazine and Content Marketing World. These have become the leading education and training organizations for content marketing as well as the largest in-person content marketing event in the world. There are few people in the content marketing world that haven’t heard about Joe and today we got to pick his mind for almost an hour. Joe will share with us what it is like after selling his business that he built for nine years. We talk about why it might be a bad idea to fall in love with your products and services. Joe shares about how he would build a community in today's world, and some practical tips about building a seven-figure location independent entrepreneur. 02:00: Joe’s Taking His First Vacation Completely Offline 02:41: Joe On Balancing His Life Never Taking Time Offline for 10 Years 06:47: How Joe Became the Godfather of Content Marketing 15:56: Should You Fall in Love With Your Products/Services? 20:54: Building a Community in Today’s World 23:58: The Future of Content Marketing 33:22: Changing From the Idea of an Office Space Business to a Location-Independent Business 35:53: 6-Figure Mentality vs. 7-Figure Mentality 38:06: Joe on Hitting Monetary Goals 41:40: Life After Selling a 9-Year Business “Media companies have been doing this for 200 years. They focus on building one property on one content platform they do it really well. They build an audience, and then they diversify.” Joe Pulizzi Honorable Mentions: Content Marketing Institute http://contentmarketinginstitute.com/ Cheif Content Officer Magazine http://contentmarketinginstitute.com/chief-content-officer/ Content Marketing World http://www.contentmarketingworld.com/ UBM Events Company in London http://www.ubm.com/ ‘Killing Marketing’ by Joe Pulizzi and Robert Rose https://www.amazon.com/Killing-Marketing-Joe-Pulizzi/dp/1260026426 ‘Content Inc.’ by Joe Pulizzi https://www.amazon.es/Content-Inc-Entrepreneurs-Successful-Businesses/dp/125958965X Contact Info: http://www.joepulizzi.com/ Twitter: @joepulizzi https://twitter.com/JoePulizzi Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2
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Jun 26, 2017 • 1h 1min

Ep.236 ~ $190,000 Webinar Launch and 5-Months Inside The Entrepreneur House ~ Steven van der Peijl

“Go where you’re not comfortable.” Steven van der Peijl Today listeners, we are so incredibly happy to announce that we are recording podcast 100 of our 100 podcasts with 100 entrepreneurs that have earned $100,000+ in their annual revenue.  It has been quite the hustle, but totally worth it. We hope you guys are enjoying the content. For those of you that don’t know, our previous 99 episodes have featured entrepreneurs with $100,000 and more in annual revenue. During this time, we have picked their brains and learned the science of what it takes to build 6 & 7-figure businesses.  Now, this is episode #100 but we aren’t finished.  Starting next week, we will start to interview another 100 entrepreneurs, but specifically, 100 entrepreneurs that have built 7-figure location independent businesses. These are the people that have complete freedom, traveling where they want, when they want, and how they want. They all have at least $1,000,000 in annual revenue in their business and many of them have large remote team members and others have none at all. It is going to be an exciting run of interviews and if you want to build a 7-figure location independent business, you guys will have 100 people that have done it, right here on The Entrepreneur House podcast.  Joining us today is one of my best pals, super hacker, SaaS developer, SIM unlocker, remote team developer, and super entrepreneur Steven van der Peijl.  Steven built a Samsung SIM unlocking service and grew it to the largest in the world. He has been an entrepreneur since he was fourteen years old and is joining us on the show today to talk about his recent webinar launch that generated $190,000 in six days. We get the opportunity to pick his brain about how he and his partners put this together.  We will also chat a little about The Entrepreneur House as Steven has attended more of our events than anyone else staying about five months in total with us, and even serving as an advisor at the last event in Thailand. If you’re interested in putting together an excellent webinar or want to know what it is like to be inside The Entrepreneur House, this is the episode for you. Highlights of the Show: 04:42: Who is Steven van der Peijl? 15:06: Creating a $190,000 Webinar Launch 16:22: Non-Public Launch with a 2-Webinar Series for Each Promotion 22:34: Amount of People on Steven’s Webinar 29:36: When Taking Off Work and Business Increases 32:16: Random Stories and Conversation with Steven and Chris 35:30: Auto-Webinars 48:30: More Random Unedited Chat with Steven and Chris Honorable Mentions: Neil Napier on The Entrepreneur House Podcast http://theentrepreneurhouse.com/ep-137-teams-that-get-measured-get-built-neil-napier/ DCBKK http://www.tropicalmba.com/dcbkk-in-25-photos/ Local Supremacy http://www.localsupremacy.com/ Amar Ghose on The Entrepreneur House Podcast http://theentrepreneurhouse.com/amar-ghose/ Cindy Vranken on The Entrepreneur House Podcast http://theentrepreneurhouse.com/ep-126-three-6-figure-launches-in-15-months/ Stan Leloup http://stanleloup.com/ Contact Info: https://kvsocial.com/ https://jobrack.eu/ http://www.flechamobile.com/
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Jun 23, 2017 • 34min

Ep.235 ~ Your Friends May Suck and You Don’t Even Know It ~ Taylor Pearson

“Always leave the door open, but never push someone through.” Taylor Pearson Are the people you are surrounding yourself with, the people you should be surrounding yourself with?  You might have some friends, that really don’t deserve your friendship. Today on the show, we welcome Taylor Pearson. Taylor is the author of the #1 Business Best-Seller ‘The End of Jobs’ a book that talks about what many location entrepreneurs can relate to, redefining life, mixed with travel and remote work.  Our world is changing rapidly, and so is business and the way we see life.  A forty-year career with one company is pretty much dead, and the idea of a regular nine-to-five job is decaying as well. Taylor and I jump into the specifics of ‘The End of Jobs’ and why he decided to write it. We then accidentally jump into a conversation about analyzing friends. Taylor and I discuss how we measure our friends, and the importance if doing it.  If you are curious if you are really surrounding yourself with the right people, you might want to listen to this episode.  “Stay hungry, stay foolish.” Taylor quoting Steve Jobs 01:41: Who is Taylor Pearson? 04;49: The End of Jobs - The Internet Entrepreneur Life Script 09:06: Process of Writing The End of Jobs 13:33: Taylor and Chris Chat Goals and The Entrepreneur ‘Happy Place 17:52: Analyzing and Maintaining 150 Friendships 21:11: Questions to Ask About Your Friends Who would die for you? Who would you die for? Who would loan you money, no questions asked? Who would you loan money, no questions asked? Who would fly to another country for you, in case of an emergency? Who would you fly to another country for, in case of an emergency? Who would I follow? Who would follow me? Who would I invest money in? Who would invest money in me? Who would babysit your cat? Who’s cat would you babysit? Who would donate a kidney to you? Who would you donate your kidney to? 26:27: Taylor’s Recommendations for Personality Tests 29:24: Books Taylor is Reading Honorable Mentions: ‘The 4-Hour Work Week’ by Tim Ferriss http://www.goodreads.com/book/show/368593.The_4_Hour_Workweek Dan Andrews and Ian Schoen http://theentrepreneurhouse.com/dan-andrews/ The End of Jobs https://www.amazon.com/Taylor-Pearson/e/B010MJISIO Taylor’s Article on ‘The Entrepreneur Happy Place’ https://taylorpearson.me/planning/ ‘The 7-Habits of Highly Effective People’ by Steven Covey http://www.goodreads.com/book/show/36072.The_7_Habits_of_Highly_Effective_People?ac=1&from_search=true Robin Dunbar https://www.theguardian.com/technology/2010/mar/14/my-bright-idea-robin-dunbar Malcolm Gladwell https://en.wikipedia.org/wiki/Malcolm_Gladwell ‘The Way of Men’ by Jack Donavan http://www.goodreads.com/book/show/13572289-the-way-of-men?from_search=true Meyers-Briggs Personality Tests http://www.myersbriggs.org/home.htm?bhcp=1 Strengths Finder http://strengths.gallup.com/default.aspx Kolbe A Index http://kolbe.com/ ‘The Lessons of History’ by Will and Ariel Durant http://www.goodreads.com/book/show/174713.The_Lessons_of_History?ac=1&from_search=true ‘Anna Karenina’ by Leo Tolstoy http://www.goodreads.com/book/show/15823480-anna-karenina?from_search=true ‘The Black Swan’ by Nassim Nicholas Taleb http://www.goodreads.com/book/show/242472.The_Black_Swan?from_search=true Contact Info: https://taylorpearson.me/ Twitter: @taylorpearsonme http://twitter.com/taylorpearsonme Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2

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