Episode Transcript
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0:00
The moment you create a great product, you
0:02
have a duty and an obligation to scale
0:04
fast. Welcome
0:08
to the Bedros Coolian Show. Hey,
0:26
what's going on friends? Welcome to the Bedros Coolian
0:28
Show. I'm Bedros Coolian and today I've got a
0:30
great topic that I've got teed up for you
0:32
guys today. And this is actually a byproduct from
0:34
the feedback that you all
0:36
gave me via the comments and
0:38
the DMs on Instagram and YouTube.
0:40
So let's kick it off. The
0:43
topic for today is really six
0:46
unconventional scale strategies to grow your
0:48
business. And as you
0:50
guys know, I not only coach and consult
0:52
entrepreneurs across various industries,
0:54
helping them scale and grow their business
0:57
to multiple seven figures, eight figures, nine
0:59
figures, but I've also done
1:01
that with my businesses, right? Fit Body
1:03
Bootcamp, TruLean, currently partnered up with Fuel
1:05
Hunt, a couple of software
1:07
companies and my coaching programs, et cetera. And
1:09
so I've been a serial entrepreneur for 20
1:12
years. I enjoy
1:14
the sport of entrepreneurship.
1:17
And I'm a believer in scaling things quickly
1:19
because I really believe guys that when you
1:21
have an idea for a good product or
1:24
service, the moment you have
1:26
that idea and you put it out in the ethers,
1:29
someone else is probably gonna have a
1:31
similar idea and that's just how it
1:33
works. And all of a
1:35
sudden they're gonna produce it. And now it's
1:37
who gets to market quicker, who
1:39
gets the product in the hands of the consumers
1:42
quicker, who has a better product, who has a
1:44
better marketing message, right? And so what I found
1:46
is if I'm gonna create a company, if I'm
1:48
gonna create a business, a product, a service, I
1:51
really wanna do something that it
1:54
can scale quickly. I
1:56
can own the industry or
1:58
at least be one of the dominant. players in that
2:00
industry so that I'm not just clawing
2:03
for the scraps and in
2:05
business to barely get by. Because when you think
2:07
about the number of people that are in business,
2:09
they're entrepreneurs, whether they have a product or a
2:11
service, it doesn't matter. It doesn't matter if it's
2:13
a supplement company or a t-shirt company or a
2:16
coaching service. More
2:19
often than not, like 85-90% of entrepreneurs are
2:21
just getting by, barely breaking even. And I
2:23
often think to myself, like, how many more
2:25
years are you going to do that before
2:28
you realize you can go get a good
2:30
9-5 job doing something and you
2:33
can actually turn your brain off after 5
2:35
p.m. because you know this as an entrepreneur,
2:37
whether you're just barely getting by or you're
2:39
making millions and millions, you're really
2:42
working 24-7-365, right?
2:46
Now, if I'm making a lot of
2:48
money, I don't mind working 24-7-365. And
2:50
when I say 24-7-365, I mean,
2:52
your brain's always working on your
2:54
business because that's what the sport
2:56
of entrepreneurship is. I imagine like
2:58
any other athlete in the world,
3:01
when you're not on the field, you know,
3:03
how you eat, how you train, your
3:05
sleeping patterns, everything you do,
3:07
you still kind of think about the sport that
3:10
you're doing and how can I play at the
3:12
highest level so that I could win and keep
3:14
getting paid big bucks, right? Entrepreneurship
3:17
is the same way. But fuck, if I'm not
3:19
making any money from the
3:21
businesses that I've started, what am I
3:23
doing? Why am I putting this much thought
3:26
and energy and time? Into a business that's otherwise
3:28
not making me money. I might as well go
3:30
get a 9-5 and at that point, make
3:34
good money, not have to stress
3:36
out, turn my brain off at 5 o'clock, probably
3:38
have some kind of health insurance, have some kind
3:40
of pension plan, right? But if you're
3:42
here because you have a product or a service and
3:44
you're like, man, I'm just getting by or my
3:47
business is doing half a million, a million, maybe
3:49
a couple million a year and I want to
3:51
scale quickly and I want to get to that
3:53
tipping point where I'm doing eight figures, nine figures
3:56
and I am a industry dominator than
3:58
this episode is going to be. for
4:00
you. So let's get started. I'm going
4:02
to share with you six unconventional strategies
4:04
and the reason I'm calling these unconventional
4:06
strategies is oftentimes when I
4:08
do my domination year coaching days, right?
4:10
With my coaching clients, when you have
4:13
to coaching sessions upstairs, when
4:15
I share these with them, they're like boom, light bulb
4:17
goes off. They're like, holy shit, I never thought of
4:19
that. So let's dive into
4:21
it and I think this is going to
4:23
be really good information for you to using
4:25
your business. Most of you know me for
4:27
Fit Body Bootcamp, our international fitness franchise. We
4:30
have hundreds of locations worldwide. You know me
4:32
for TruLean supplements, right? You know me for
4:34
Fuel Hunt. You know me for
4:38
Modern Day Night Projects, Squire Program, domination
4:40
year coaching program, BK Live, live events.
4:42
You might know me for companies that
4:44
I've invested in, right? But
4:48
what you probably don't know is
4:50
back in 2003,
4:52
I started a little software company called
4:55
Hi-Tech Trainer. But Hi-Tech Trainer
4:58
was supposed to be an online personal training
5:00
program that you would download onto a Palm
5:02
Pilot. This is before iPhones and Android phones
5:04
back then were still flip phones and so
5:06
you would download it to a Palm Pilot.
5:09
You take it to the gym and you
5:11
could work out and then come
5:13
home and re-upload the program and of course, it
5:16
would give you a better workout for the next day
5:18
and a more difficult challenging workout the next day, etc.
5:20
It would progress you along like a personal trainer but
5:22
in the palm of your hands, right? Except
5:24
the only thing with Hi-Tech Trainer was I didn't
5:27
know much about scaling a business. I
5:29
was like, alright, I'm the CEO. I've got software programmers
5:31
that I've partnered with because I was broke. So if
5:33
you're like, damn, you must have had a lot of
5:36
money to get software programmers. No, by
5:38
the time it was all said and done, I
5:40
owned like 28% of that business. The
5:42
rest was belong to my mentor
5:46
at the time, Jim Franco, who I've talked about on here.
5:49
The software programmers who I
5:51
had met, I gave them equity as well
5:54
and I gave these people equity
5:56
because I didn't have money to pay them.
5:58
So Jim Franco got it. because he funded
6:00
some of the money so that we can get going
6:03
and then the software programmers got paid in equity knowing
6:05
that they're gonna get paid on the back end as
6:07
the product started to make money and
6:09
so I had my small little 28%
6:11
but I understood the model as the business
6:14
gets bigger than 28% of a lot of
6:17
money will go to me. The
6:19
only problem was I didn't know how to scale. 2003 I came
6:22
up with the idea of high-tech trainer right by 2004 late
6:24
2004 we had our
6:30
prototype that would download to Palm Pilots
6:32
which were called PDA's personal daily assistance
6:34
right or personalized daily assistance
6:37
and it was like a basically a think
6:39
what an iPhone apps
6:41
that have like the your managers
6:43
your schedule in your life it was a
6:45
Palm Pilot and so would download
6:47
from your laptop or your computer and then you
6:50
would pay $59 a month to high-tech trainer.com
6:52
like the idea of it was great little
6:55
did I know the iPhone was gonna come
6:57
out in 2007 so the way
6:59
we were trying to grow this thing is we
7:01
were going to conventions we were going
7:03
to kind of laughing about it just
7:05
thinking about it but we were going
7:07
to conventions like fitness conventions and then
7:09
exercise equipment conventions and then health club
7:11
conventions because we're trying to get into
7:13
health clubs and we'd go to
7:16
conventions and we'd buy a 10 by 10 booth and
7:18
you just hope that the right people
7:20
walk by your booth and they
7:22
show interest in what you have and then you can go
7:24
hey did you want this in your health club did you
7:26
want to use this for yourself like we
7:28
can do it for the individual user or you could
7:31
have it at your health club and pay us a
7:33
premium fee and then you can charge your clients additional
7:35
money for using this in your health club the idea
7:37
of it was sound but by the time we started
7:39
to get any kind of traction the
7:42
iPhone came out and when the
7:44
iPhone came out it absolutely destroyed
7:46
high-tech trainer my problem
7:48
was that I was trying to do everything in
7:50
a silo I was like I'm gonna get my
7:52
own online lead so I had high tech trainer.com
7:55
and we had a website and
7:57
granted there was no social media back then
8:00
But we had a website but
8:02
if I knew these six strategies I'm going to share
8:04
with you here, dude, I could have
8:06
scaled high tech trainers so big that
8:09
it probably would have ended up like then
8:11
pivoting into an app that would
8:13
blow up on the iPhone and on
8:15
the Android. But because it
8:17
didn't scale fast enough, it literally
8:20
got gobbled up and
8:22
died. And I think that
8:24
was one of the best lessons for me as an
8:26
entrepreneur because the moment you create a great product, you
8:28
have a duty and an obligation to scale
8:31
fast. And when you
8:33
scale fast, you make a lot of money. Yes,
8:35
you're going to make a lot of mistakes too. But
8:37
when you have a lot of money, you can course
8:39
correct those mistakes and that's a really good thing to
8:41
do. What could I have done differently? Well, I could
8:43
have done thing number one I'm going to teach you
8:45
which is you ask yourself who has my future customers
8:47
and clients. Now imagine with high tech
8:49
trainer if I asked myself who has my future
8:52
customers and clients, I wouldn't have gone
8:54
to a trade show. I would have
8:56
gone right to a big box gym. I
8:58
would have gone to 24-hour fitness. I would have
9:00
gone to back then there was Bally's Fitness. It
9:02
was a big chain of gyms across the country.
9:04
I would have gone to LA Fitness, right? And
9:07
I would have said, hey, you guys have thousands,
9:10
probably hundreds of thousands of members. Only
9:13
a small percentage can afford to work with a
9:15
personal trainer. The rest of them
9:17
probably need some guidance, need some structure, need some
9:19
personal training but can't afford $600 to $1,000 a
9:21
month for a personal trainer. Since
9:25
you already have the audience and they already
9:27
trust you, they pay you a gym membership
9:29
fee, what if we do
9:32
a joint venture and you guys
9:34
become resellers of my high tech trainer
9:36
Palm Pilots and I give you
9:39
33% commission, right? Imagine
9:42
that. So think about this. You
9:44
start asking yourself today, especially with
9:47
social media, podcast, YouTube,
9:49
stages, personalities, influencers,
9:51
you ask yourself who has
9:54
my future customers. See,
9:56
when you make a product, it's the number one question you have
9:58
to ask. Otherwise, you're gonna
10:00
have to go out there and run ads
10:03
and hope with your tiny little social media
10:05
following that you could somehow get one or
10:07
two customers or clients at a time. That's
10:10
gonna take forever. That's called linear growth.
10:13
And because I was on the linear
10:15
growth train with High Tech Trainer,
10:17
I ended up going out of
10:19
business because the iPhone was created
10:23
and the Android was created, Palm
10:25
Pilots went out of business. We didn't
10:27
have enough money in the company to
10:29
change the software language to
10:31
fit the iPhone,
10:33
right? To fit the Android
10:36
apps. I just didn't have the money.
10:38
I ran out of air. In
10:40
business and entrepreneurship, I need you
10:42
to understand that money is like
10:44
oxygen. When you have money,
10:47
you have time and space to make decisions.
10:49
If you don't have money, it's like holding
10:51
your breath. Sooner or later, you're gonna
10:53
die. So when you ask yourself, who has my future customers,
10:55
I'll give you a great example of this that I use
10:57
in modern times. In
11:00
2018, I wrote my book, Man Up. And
11:02
I was writing it, actually
11:04
in 2018 is when my book
11:06
launched, right? It was published in 2018, September 18, 2018. However,
11:11
I was writing the book in 2015. By
11:15
2016, I had a publisher. Now,
11:18
my Instagram following back then was probably about
11:20
five or 6,000 followers about
11:24
two years before my book launched. So I'm talking 2016.
11:27
That's not enough followers to create a best-selling
11:30
book, a New York Times bestseller, a Wall
11:33
Street Journal bestseller, an Amazon bestseller. And
11:35
so I knew that. So I asked
11:37
myself, who has my future customers? And
11:40
that two-year period, while I'm working with my
11:42
publisher and refining the book, and
11:45
we're setting up a publishing date for the future,
11:47
which ended up being September 18, 2018, during
11:51
that two-year period, I went to my marker board,
11:53
and I was like, all right, let me make
11:55
a list of everybody who I think has my
11:57
future customers. And I started writing lists like names.
12:00
of podcasts, of YouTube
12:02
shows, of Instagram accounts
12:05
that have to do with success, personal
12:08
development, business, right?
12:11
And I was like, man, I got to get to
12:13
know all these names. I ended up
12:15
coming up with about 16 or
12:18
17 names that finally were
12:20
like, alright, if these people can
12:22
promote my book, then
12:24
I'm going to be a bestseller because
12:27
they had my future customers. And
12:30
it was that they already listened to
12:32
their podcast, watch their YouTube show, hang
12:34
out on their social media. That means
12:36
they're trusted. They had the no like
12:38
and trust factor. So why would I
12:40
go and do cold marketing to
12:42
try and promote my book by buying ads when people
12:44
see an ad, they're like, who's this guy? I've never
12:47
seen this guy before. He's selling a book called Man
12:49
Up, never heard of him. I'm going to take a
12:51
pass on that, right? Like why would
12:53
they buy a book? And so you can imagine
12:55
like for every like 500 people that would see my ad,
12:57
maybe one would buy a book. That's not going to make
12:59
it worth my time. And with a
13:01
5,000 person following on Instagram, and
13:03
I think on YouTube at the time, I probably had like seven
13:06
or 8,000 subscribers. It
13:08
wasn't like I was going to make my book
13:10
a bestseller. And
13:12
so I knew that I had to attack that list
13:15
for that two year period and build relationships. And
13:18
I think that's what you guys forget to do. You
13:20
don't realize that people or platforms out
13:22
there already have your future customers. And
13:25
they are willing to promote your book as long as
13:28
it's or your product or your service, as long as
13:30
it's not a competitive thing to them. Now
13:32
obviously, if you've got a supplement company,
13:35
you wouldn't go to another supplement company
13:37
CEO who has a big platform or
13:39
podcast and say, hey man, will you
13:41
promote my supplement company? That's
13:43
not going to work, right? But imagine that if you've
13:46
got a supplement company
13:49
and I'm co-owner of a apparel
13:51
company, and let's say I didn't
13:53
own truly supplements, well,
13:56
don't you think Fuel Hunt might be willing
13:58
to do a joint venture with your
14:00
supplement company and maybe do a little
14:03
bit of a cross promotion
14:06
and expose your great book or
14:08
your great supplements or your great
14:10
product or service to their audience
14:12
in exchange for you to expose
14:15
them to your audience, of course they would.
14:18
The problem is you don't think about doing that because
14:20
you don't realize that other people are willing to help
14:22
you. But they're only willing
14:24
to help you when you understand this concept, friends
14:27
making money with friends. That
14:30
is the most important thing I need you to understand. You
14:33
can't just go to someone that's got a
14:35
million subscribers, a million followers, 200,000
14:38
followers, whatever and be like, hey man, I love your content,
14:40
can you promote for me? It doesn't
14:42
work that way because I
14:44
can tell you from my personal experience, I
14:46
literally get hundreds of people in my DMs
14:48
every single day asking me
14:50
questions, wanting me to promote something for them, wanting
14:52
me to joint venture with them, wanting me to
14:54
take equity in their business and it's like why
14:56
would I do that when I have 100% equity
14:59
in my businesses, when I have equity
15:01
in a business that I actually believe in
15:03
already, right? But if you
15:05
were willing to take a couple years like I did
15:07
from 2016 to 2018, I attacked that list
15:11
of 17 names and
15:13
of that list, I only knew two of
15:15
those people sort of. I
15:17
had spoken on stage with two of those people
15:20
once before. So I'd seen them in
15:22
a green room but I didn't really have a relationship where I
15:24
could really reach out to them and be like, hey, would you
15:26
promote for me? What I did
15:29
is I took time to
15:31
get to know them. I started commenting on their social media.
15:33
I started posting stuff on my social
15:36
media platforms and then tagging them and
15:38
giving them love and recognition. I
15:40
started to send them DMs of like thank
15:42
you and gratitude for that post, for that
15:45
podcast episode, for that YouTube show you put
15:47
out. I figured out what their
15:49
address was for their home or for their business and
15:51
I sent them something in the mail. During
15:54
that two-year period, I sent more steaks from
15:56
Debraga, which is an amazing butcher
15:58
shop out in New York. York, I sent
16:00
more steaks from de Braga during those two
16:03
year period than any other time in my
16:05
life. I would send food
16:07
to them and it was just notes
16:09
of gratitude. I would figure out how I would
16:11
add value to their life. I just came with
16:14
so much goodwill and value to
16:16
those 17 names that
16:18
when my book launched, 16
16:21
of the 17 actively promoted my book
16:23
within that two week launch period. That's
16:26
how my book Man Up became a best seller. That's
16:29
how it popped off on Amazon. That's
16:31
how it gets recommended when other people buy business or
16:34
self-development books on Amazon. It's like, hey, you also want
16:36
to get Man Up. Hey, you also want to get
16:38
Man Up because when you're able
16:40
to scale that quickly, it sends
16:42
a message to social media that this book,
16:44
this product, this service, this whatever it is
16:46
that you have is
16:49
worthwhile. And so if
16:51
you take the time and you start thinking
16:53
about what network you can build, and
16:56
your net worth will accelerate,
16:58
right? That is scaling. Thing number two,
17:00
the 5% rule. Y'all got
17:02
to follow the 5% rule. I created the 5% rule
17:05
many years ago. And the whole idea is this. If
17:07
you and I have the same identical business, we
17:10
have the same amount of money, we have the same
17:12
level of intelligence, we have the same number of networks
17:14
and contacts, and then we have the
17:16
same amount of money, right? Marketing
17:19
dollars. And then we launch on the same
17:21
day. If
17:23
you are working eight hours a day in
17:26
your business, doing the
17:28
accounting, you're packaging up
17:30
and selling, sending the product by
17:33
going to the post office or to FedEx, you're
17:35
doing everything eight hours a day. I'm working the same
17:37
eight hours a day. But
17:40
I have decided that I
17:42
might give away maybe 10% or 15% equity
17:44
in my company to some people who
17:47
can work the warehouse. I
17:49
might figure out how to get a side job on the
17:51
weekends to make extra money so I can pay an accountant
17:55
to do my accounting, write my P&L
17:57
reports. I'm not going to work on
17:59
100% equity. of the business. I'm going to work on 5%
18:02
of the business that really matters for
18:04
those eight hours a day. So imagine this, you're working on
18:06
100% of the business doing
18:08
everything. You make the product, you
18:11
package up the product, you go ship the
18:13
product, you maybe get on the phone
18:15
and do customer support and service. If you have
18:17
a couple employees, you're handwriting checks, right?
18:19
You're doing all that trivial stuff. Whereas
18:22
for the same eight hours a day, I'm just
18:24
focusing on the 5% that matter and you're probably
18:26
wondering what is the 5% that matter,
18:28
Baderos. DLC,
18:31
remember that. My 5% is
18:34
DLC. Delegate, lead
18:36
and create, right? I'm
18:38
going to delegate the other 95% to
18:42
anyone else that I can. Even if I have to give
18:44
off equity, if I have to get a side job on
18:46
the weekends and make extra money
18:48
so I can hire a part-time assistant, a
18:50
part-time warehouse employee, a part-time social media, you
18:52
know, ad buyers so I don't have to
18:54
go and buy ads. I can
18:57
hire an ad agency who can actually do it
18:59
right. You know what I mean? If
19:01
I have to give off a little bit of equity, I'm willing
19:03
to do that, right? And
19:05
now for that eight hours a day, I'm working on the 5%
19:07
that matter that actually move the needle.
19:09
That eight hours a day, you're working on 100% of
19:11
the things. Well,
19:14
guess what? After a month, I'm going
19:16
to be far more ahead
19:18
of you in terms of revenue
19:20
and reach because I worked on
19:22
the critical few while you
19:24
were working on the trivial many, right?
19:27
Now you're like, well, yeah, but there's I
19:29
take pride in doing that stuff. Don't
19:33
take pride in doing that stuff. The
19:35
5% is all you have to do.
19:37
Delegate, lead and create. So you delegate
19:39
out everything that you can that doesn't
19:41
fall in your zone of genius, right?
19:44
Now, I can't delegate out doing this
19:46
podcast. I can't delegate out doing
19:48
my private coaching sessions upstairs when my half
19:50
day coaching clients come in, right? I
19:53
can't delegate out a
19:55
lot of things when I'm going to speak on stage at a
19:57
live event or at one of my events, but
19:59
everything else. Like I walk in here into
20:01
the studio, it's already lit up. Ed's
20:03
behind the camera. The team's sitting
20:06
there taking notes. Like everyone's doing
20:08
their thing. And I just have
20:10
to take my content and
20:12
deliver it to you. That
20:14
is my zone of genius. That's my 5%. Now imagine
20:16
if I had to like, figure out setting
20:18
up the camera, setting up the lights, write
20:21
my own captions and my stuff for the
20:23
YouTubes and the podcast, right? And then edit
20:25
this video, like fuck. That
20:28
is not my zone of genius. That is their zone
20:30
of genius. And they need to be delegating stuff out
20:32
that is not in their zone of genius, right? Like
20:34
if they're like, well, I'm gonna go to the store
20:36
and go buy a hard drive because we need more
20:39
hard drives. Now don't go to the store. Like
20:41
delegate to my assistant and say,
20:43
hey, I need a hard drive, this one from this
20:46
website, buy it. That way they
20:48
can spend more time behind their laptops doing what's in
20:50
their zone of genius and their 5%. And
20:52
the moment you start thinking about that 5% rule and
20:55
start delegating everything else and then
20:57
leading your team, right? DLC. You
21:00
lead your team by giving them
21:02
their marching orders, by empowering them to
21:04
take action on the things that are gonna move
21:07
the money and the meaning needle. And
21:09
then the C part is to create, to
21:11
create content like we're doing now. Because
21:14
the more content that you
21:16
create across Instagram, TikTok, Facebook,
21:19
YouTube, podcast platforms, the
21:22
more visibility you're gonna get. And
21:25
if you have more time because you've delegated the
21:28
other 95%, then
21:30
you can create more content, which means
21:32
you get an advantage
21:34
over your competitors. If
21:37
you're putting out 10 pieces of content
21:39
per week and your competitor who's
21:41
doing everything, like 100% of the work, is
21:44
only putting out two pieces of content per week, well,
21:47
shoot, you're being seen like 300% to 400% more,
21:49
right? That
21:52
means you're gonna have a three to 400% higher
21:54
probability of selling more products
21:56
and services, right? So
21:59
remember the 5% rule. That's thing number two,
22:01
the 5% rule, delegate, lead, and
22:03
create, and then outsource everything else.
22:06
Scale strategy number three, replace how
22:09
and what with who. This
22:12
is one of the more recent lessons I've learned.
22:14
When I say recent, probably more in the last
22:16
like six, seven years, right? You
22:19
heard me say this before, I used to be the
22:21
CEO of Fit Body Bootcamp. Now I'm
22:23
just the founder of Fit Body Bootcamp. While
22:25
technically I'm still the CEO of Trueling Supplements,
22:28
really, Jeff Rosenquist, who's my VP,
22:30
does all the CEO work. And down the
22:32
line, he'll actually get the promotion to CEO
22:34
and I'll be the founder again. I just
22:37
want to be in the founder seat, right?
22:40
When I was in the CEO seat, I found myself
22:42
having to do a lot of the day-to-day work and
22:45
managing and leading of people. The
22:47
point I'm making is when
22:50
you are the person in
22:52
the driver's seat, you
22:54
find yourself saying, well, how do I need to
22:56
do this to get more clients, right? Maybe it's
22:59
how do I create a YouTube show? Maybe
23:01
it's how do I buy more traffic? Maybe
23:04
it's how do we create better systems? How
23:06
do we find a warehouse that can take
23:08
over our shipments because we've outgrown the
23:10
other warehouse? So whether
23:12
you're asking how do I do this or you ask
23:15
what do I need to do, those are
23:17
the wrong questions. You have to
23:19
say who do I need to get, right?
23:23
When you say who do I need to get, in
23:25
my head, I was like, I need to get a CEO. And
23:28
if I can get Bryce as my CEO, maybe
23:31
I pay him and I give him
23:33
some equity in the company and he
23:35
runs the business as the CEO which
23:37
frees me up from leading and managing
23:40
the team, from leading
23:42
and managing the business so that
23:44
I can do more of this which is
23:46
to delegate, lead, and create. I
23:49
want to lead my leaders and let
23:51
my leaders lead the teams. And
23:54
those teams lead the systems, right?
23:57
You might think that your employees or your teams
23:59
are running. your business, they're not. And if
24:01
they are, then you're going to royally screw
24:03
up. If you want
24:05
to scale faster, you have to have systems.
24:08
Systems scale your business, your
24:11
teams, your people run the systems, right?
24:14
That way, if I have a system, the
24:16
system's not going to get fired or the system's not going to
24:18
quit. Now, if an employee gets
24:20
fired or if an employee quits, I can bring in
24:22
a new employee as long as they're competent, they can
24:24
run the system. But if someone's
24:27
like doing all the work themselves and
24:29
they haven't systematized or created a process for something,
24:31
when they get fired, the system or the process
24:33
goes with them and now I'm stuck. This
24:35
has probably happened to you where you feel like, man,
24:37
I'm held captive by one of my employees. I feel like
24:40
I can't fire them and or if
24:42
they quit, I'm going
24:44
to be stuck. My business is going to slow down.
24:46
Well, that's because you haven't created a process. Why
24:48
don't you document the most important processes?
24:51
It's probably going to be lead acquisition,
24:53
lead conversion, which is sales, right? Retention,
24:57
referral generation, support,
25:00
like customer-client support and
25:02
then probably something where it's like
25:04
regeneration. How do I make more money from them?
25:07
How do I take that customer and make more
25:09
money from them? So, more value adds to them,
25:11
right? But if you're not
25:13
thinking about who, you're just thinking about what
25:16
do I need to do and how do I need to do it, you
25:18
end up being the bottleneck in your business. But if
25:21
you think about who do I need to get? So,
25:23
think about this. If you're like, you know what, I'm
25:25
inspired. I'm going to create my own podcast. I'm
25:28
going to create my own YouTube show. You've inspired
25:30
me to create content. I'm going to put up
25:32
one short every day like you always say. I'm
25:34
going to put up two long form episodes on
25:37
YouTube a week and I'm going to put up
25:39
one long form podcast on the podcast platforms a
25:41
week. I'm like, cool. You're like, so what cameras
25:43
do I need? What mics do I need? What
25:45
editing software do I need? What skill sets do
25:48
I need to learn? Right?
25:50
Remember I said, what or
25:52
how do I edit? Wrong questions. Who can
25:54
do this for me? I want you to be
25:56
able to walk into your studio, whether that's
25:58
your living room or or wherever your little
26:00
office somewhere or your big office
26:03
somewhere and then just get it done. Because
26:05
if you truly believe in your product or service and you
26:08
know that if you put out enough content that
26:11
you will start gaining followers
26:13
and subscribers and then you
26:15
can start converting them into paying customers and
26:17
clients, then it makes sense
26:19
to hire a part-time videographer for
26:21
a thousand bucks a
26:24
day, right? If it's a thousand bucks a day
26:26
and you're gonna hire them for two days a month and
26:30
maybe you batch process a whole
26:32
bunch of content in each of those
26:34
days and then they charge you another 500
26:36
bucks to go and edit that. So now for $2,500 a month,
26:40
you've got your entire show canned
26:43
and cloned. All you have to
26:45
do is come up with episode topics and ideas
26:47
and then they are gonna film, they're
26:49
gonna light it up, they're gonna make sure the mic works,
26:51
they're gonna make sure the editing is done well and
26:54
then they give it to you in a Dropbox link or some kind
26:56
of a Google Drive where then you
26:58
or another teammate, hopefully that you can
27:00
delegate to, can upload that content as
27:02
needed. You see the value of that,
27:04
right? So you always need to ask yourself,
27:07
who? Who can do this for me? Who can do
27:09
that for me? Who can do this for me? And
27:11
how can I compensate them? You always
27:13
think that compensating someone is an expense, it's
27:15
not. It is an asset
27:17
if the content they create helps convert.
27:20
So if I'm paying, let's say I'm new at this and I'm paying
27:22
someone $2,500 a month to
27:24
help create content and edit for me and
27:27
they're filming and editing and making sure the audio is right.
27:30
Well, dude, now all that time that
27:33
I was gonna use on
27:35
filming and editing and lighting the place
27:37
up and the microphone, all those
27:39
skill sets that I had to learn, I could
27:41
actually go do other stuff. I could actually drive
27:43
traffic for the business. I could actually have call
27:45
to actions on my social media that move people
27:48
to a conversion conversation, move them into my DMs
27:50
and start conversing with them, getting on the phone
27:52
with them, closing them on the product or service.
27:54
I can move them to a website, a top
27:56
of the funnel, where I can then take them
27:58
through a website, Bill
30:00
Gates was like, all right, Apple
30:03
is a better product, but instead of just
30:05
trying to brand Apple like we've tried before
30:07
and it failed, he started
30:09
branding himself. Steve
30:11
Jobs put himself out there and
30:13
as he put himself out there and he became likable,
30:17
he became someone who knew how to orate
30:19
and share good content in
30:21
terms of from stage when he would launch a product
30:24
and soon you're like, you know what, I like what this guy stands
30:26
for. I'm going to buy the product. Same
30:29
thing goes for the Rock, Dwayne
30:31
Johnson, right? He figured out very
30:33
quickly that he is a brand.
30:36
So rather than just trying to grow the
30:39
tequila company on its own,
30:41
Termana or Zoa, the energy
30:43
drink company that he has, he
30:46
brands himself and in
30:48
his content that he has out there, he
30:51
places the product in it because
30:53
we all like the Rock. We
30:56
all want to see what he's doing.
30:58
We all want to take
31:00
a peek into his life and we're like, oh,
31:02
he's working out and drinking a Zoa energy drink.
31:05
Oh, look, he's taking a break after
31:07
a long week and he's relaxing
31:09
with a shot of tequila,
31:13
his brand of tequila. Oh, look, he's
31:16
doing something else and he's wearing like
31:18
the Rock and Under Armour cross-promoted pants,
31:22
shorts, shirt, cutoffs, shoes,
31:25
whatever, right? Like
31:27
the dude is branding himself so well
31:29
across social media and then baking
31:32
his products and services into
31:34
his posts. You see
31:36
how that works? And you think about what
31:38
we do with this show. I
31:41
created the Truly Wellness Shot, right? We
31:44
created this with like
31:47
every awesome freaking ingredient possible.
31:49
And then what did we do? We run an
31:53
offer on this show, right?
31:55
Use code BADROES, get 50% off. Your
31:59
first subscribe and save. And
32:01
then you get 20% off ongoing, you get free shipping. If
32:04
you don't like the product after trying it for 30 days,
32:07
just let us know you get your money back. Like
32:09
that is the most irresistible and awesome offer
32:11
I can make you. Like
32:14
I'm gonna bake the commercial,
32:16
the product, into the show, into my posts.
32:18
And when I do and I make an
32:20
offer, you're probably gonna buy it if you know,
32:23
like, and trust me. But if you're like, man,
32:25
I think he's shady, man, I don't think
32:27
he's like legit, man, I don't think he
32:29
really puts all the great ingredients in there
32:31
like he says, then that's a
32:33
different story. So that we should talk
32:35
about. If you're branding yourself and you're
32:38
a douchebag, or if your product or service
32:41
is crap, and it doesn't meet
32:43
the expectations of the customer, the consumer, like
32:45
if you're promising a unicorn and delivering a
32:47
donkey, you're out of line. Your
32:50
product must be like a
32:53
10 out of 10. You
32:55
better promise a horse and deliver a
32:57
unicorn, do not promise a unicorn
32:59
and deliver a donkey. Like that
33:01
part is super important. And a lot
33:03
of you forget about that because then you get so caught
33:05
up and try to build your social media, the
33:08
customer client experience is lousy. Like
33:11
I know for a fact because we've got
33:13
literally thousands of people taking the Trueling Wellness
33:15
Shot. Like we've now sold over a million
33:17
of these, right? And
33:20
we've got thousands and thousands of people that
33:22
are on the Trueling Tribe subscription club. And
33:25
they stay on that for months at
33:27
a time because the product works. If
33:30
the product didn't work, and if there
33:32
was no likability and relationship between you and
33:34
I, I wouldn't be
33:36
able to bake in the product in
33:39
the content that I'm creating. It wouldn't make
33:41
sense. And so then how
33:43
would I scale the Trueling Wellness Shot even further?
33:47
Great question. I would go back to
33:50
point number one on this list, which
33:52
is who else has my customers? Well,
33:54
okay, Baderos, I've got my own customers,
33:56
right? I got a million people on
33:58
Instagram. I've got whatever, six. hundred, seven
34:00
hundred thousand on YouTube, podcast is top
34:02
five and blowing up. Great, but that's
34:05
still operating in a vacuum, in a
34:07
silo. That's just my own ecosystem. Are
34:09
there other podcasts, YouTube shows,
34:13
Instagram accounts that would
34:16
likely promote the wellness shot in
34:18
exchange for a commission for
34:20
the sales that they drive? If they
34:23
did the same promotion that I'm doing here on the
34:25
show, probably do you think
34:28
that we are actively now reaching out?
34:30
My team is reaching out and
34:32
getting other influencers and
34:35
creators to use the product.
34:37
And if they like the product and believe in
34:39
the product, we're making them an offer to promote
34:42
it on their show, on their platform, because
34:44
they already have my future customers. Why
34:47
would I just go run ads, cold ads
34:49
to cold audiences who don't know Trulene, who
34:51
don't know me yet? Right? I
34:54
want to infiltrate the audience of
34:57
other people who are already trusted, where
34:59
the audience and the creator
35:02
already have a relationship. And
35:04
when you do, that's like fishing with a nuclear
35:06
bomb, guys. I want you to
35:08
fish with the nuclear bomb and not just a fishing
35:10
rod like I did with HiTek trainer. The
35:13
reason HiTek trainer never made
35:15
it is because I was on
35:17
the linear path. I want you
35:19
to have exponential growth. exponential
35:22
growth comes from testing out what works in
35:24
your ecosystem and we found the offer that
35:27
works for Trulene wellness shots and
35:29
then scaling that across other platforms,
35:32
podcasts, YouTube shows, influencers
35:34
on social media, right? That's
35:37
the model. So, it is
35:39
very, very important for you guys to understand that. So,
35:42
if you can brand yourself and
35:45
then sell your product through your brand, then you
35:47
probably want to go, how do I brand myself?
35:51
What is it that you do every day? How do you stay fit? What
35:53
do you eat? Where do you go? What
35:57
books do you read? What music do you listen to? There's
35:59
so much you can share. Everybody, all social
36:01
media is, is like a tiny
36:03
little channel of a
36:05
reality show. Like share your life's
36:07
reality show. Be interesting. Ask
36:11
interesting questions. I'm not
36:13
saying like be sensational and polarizing where like now
36:15
half the people hate you. What
36:17
I am saying is like you probably
36:19
have some interesting stuff going on in your life. You're
36:23
just too chicken to share that on social
36:25
media. And when you guys
36:27
do, most of you are just
36:30
so poorly structured in the way you share it.
36:33
It's inconsistent. You're all over the
36:35
map. You don't do it long
36:37
enough to gain traction and then you quit
36:39
and give up and you're like see it didn't work. Like
36:42
what if I said just do it for the rest of your life? Like
36:45
one of my coaching clients, her name is Snezge,
36:47
she's a gangster at this. She
36:49
signed up with me on the domination of
36:52
your coaching program about I think nine months
36:54
ago. Nine months ago. She
36:56
drops a hundred G's, right? She
36:58
owns a gym in Brea, California out here,
37:00
Aucletics. And she's like hey
37:02
my gym is doing good but I also want to
37:05
do online coaching. At the time I think she maybe had
37:07
a thousand or two
37:09
thousand people following her
37:11
on social media, on Instagram specifically. I was
37:13
like alright, one of her many
37:15
marching orders that I gave her was you're
37:18
going to create content and
37:20
you are in great shape. You
37:22
have a very polarizing personality,
37:26
like she's no bullshit, she's
37:29
direct and she's brutally honest. I
37:32
go but on social media I can tell you're holding back.
37:35
But here in person during this half day and
37:38
when we've gone out to dinner I see
37:41
how you can bring the thunder. If
37:43
you can bring that same energy to social
37:46
media every single day on every single topic,
37:49
your shit's going to blow up. Well
37:51
here we are nine months later, she's got 30 or
37:53
40 thousand Instagram
37:56
subscribers. Her business
37:58
now, because I just did a coaching. call with her yesterday,
38:00
in nine months went from zero to
38:02
$40,000 a month. Her online coaching business,
38:07
not her gym, her gym is
38:09
growing too. Just the revenue from
38:11
her online coaching business went from $0
38:13
a month in nine months to
38:16
$40,000 a month. And
38:18
by the time February ends, right,
38:20
February of 2024 ends, she'll have hit $60,000 a month
38:22
in reoccurring money. Like
38:29
that is life changing money. And it's all
38:31
because she built her personal brand. And
38:34
of course now part of our marching order is who
38:36
else has your future customers? What can you do to
38:39
do the next thing that I'm going to teach you, right?
38:42
Which is number five, which is to
38:44
create and collaborate. So
38:47
not only create content on your platform,
38:49
on Instagram, on YouTube, for
38:52
podcasts, for TikTok, that's still
38:54
remember working in a silo in your ecosystem.
38:57
I said, what can you do to create and collaborate
38:59
with others? Who else out there
39:01
shares your message, does what you do,
39:03
but maybe they do nutrition and you
39:06
do training. Maybe they do
39:08
apparel and you do training. Like maybe that maybe
39:10
someone's got like a 250,000 person Instagram
39:15
page and they sell workout clothes or
39:18
workout gear or supplements,
39:21
but they don't have anyone doing the nutrition
39:24
or the online coaching piece. What
39:26
can you do to start using their product, shouting
39:29
them out, showing them love,
39:31
building relationships and then collaborating
39:33
together to joint promote now that you have
39:35
a bigger following. Boo, right?
39:39
Don't be surprised when whatever
39:41
30, 40 episodes from now,
39:44
I'm like, hey, guess what? She
39:46
is now making $200, $250,000
39:50
a month. Just like
39:52
Rachel Shearer. I've told you guys about Rachel Shearer.
39:54
I've told you guys about Tony Stefan, both
39:57
of them, online coaches. making
40:00
like four or five thousand dollars a month
40:03
and today making multiple six figures a month Simply
40:07
because of the strategy I'm sharing with you
40:09
here, right? But when you're
40:11
not building your own personal brand when you're not
40:13
networking with others when you're not creating and collaborating
40:15
with others When you're not doing the 5% of
40:18
the work that you need to do like just focus on the 5% for
40:20
the eight hours a day So
40:23
imagine that imagine for just eight hours a day like
40:25
you pick one day a week eight hours a day
40:27
You're just adding value to the people's lives that you
40:29
want to eventually get to know and connect with Because
40:32
you've delegated all the other work, right? The other
40:34
95% is being delegated so you're able to do
40:37
that all day long Think about how many people you
40:39
can reach out to how much love and support and
40:41
connection you can make Listen,
40:43
I stopped taking all of those and
40:46
I started taking this the truly wellness
40:48
shot In fact, I created this because
40:50
I was sick and tired of every
40:52
morning taking 11 different Supplements
40:54
like turmeric ginger cayenne
40:57
pepper black pepper vitamin b12 echinacea vitamin
40:59
C Zinc, right think about this if
41:01
you want to improve your immune system
41:03
If you want to fight off inflammation
41:06
in your body so that you have better
41:08
gut health You have more energy your joints don't
41:10
hurt then you're gonna want to take all those
41:12
supplements And I was taking it twice a day
41:14
every day And so when we
41:16
created the truly wellness shot we cut no corners
41:18
and we spared no expense And
41:21
so in this you've got something that's gonna not
41:23
only help boost your immune system But also fight
41:25
off inflammation because if you're a high performer And
41:28
if you want to get more done if you
41:30
want to stay more focused if you want to
41:32
make sure that you don't get Sick as frequently
41:34
then you have to care about your immune system
41:37
and you have to fight off inflammation especially
41:39
if you're an entrepreneur and you're high performing
41:41
and you have a Stressful work
41:43
day from time to time, right? And so here's what
41:45
I want you to do You're gonna click on the
41:47
link in the description box or go to trulene.com And
41:51
you're gonna use the code word bed roast and
41:53
when you use my name bed roast you'll get
41:55
50% off your first Subscribe
41:58
and save bundle For whatever reason,
42:00
you don't like the truly wellness shot, which I've
42:03
yet to meet anyone who doesn't, then
42:05
let us know in your first 30 days. We'll give you
42:07
a full refund. Part ways as friends.
42:09
Fair enough? Go check it out.
42:11
Use the code word bedros. Get 50% off. Lastly,
42:15
strategy number six, to
42:18
scale your business exponentially. Learn
42:21
to lead and not just manage. Most
42:24
of you think that because you have
42:26
the title of CEO or founder or
42:28
boss, you think you're the leader and
42:31
you're not really leading. You're
42:33
micromanaging your people. You haven't
42:36
empowered them to do what they
42:38
need to do on their own. That
42:41
is leadership. You're micromanaging
42:43
them, right? Like, I'll give
42:45
you a great example. I'll use this podcast again as an
42:47
example. I've empowered my
42:50
team here. There's one, two, three, four of them here
42:52
in this room. I
42:54
didn't tell Ed what angles he should shoot from.
42:59
I've asked them that I'd like two different angles.
43:02
I said, here's how I kind of see the set looking when we
43:05
started making this. I'd like two different
43:07
angles. He's like, cool. I'll
43:09
figure out the two angles that work best. I've
43:11
empowered him. Same
43:13
with the editing. In fact, the only time
43:16
I gave him editing, hey, Ed, remember when
43:18
I told you, hey, let's do the quick
43:20
cuts and just get right to the
43:22
meat of the content? That was the marketing one that
43:24
I taught maybe like, I don't know, six or seven
43:26
episodes ago. You guys absolutely shat
43:28
on it. You guys said it was horrible. It was
43:31
awful. Who edited
43:33
your shit? That was my fault. I literally told
43:35
Ed, like, dude, take all the stories out, take
43:37
all the bullshit out. Turns out,
43:39
you like the bullshit. You like when I talk about gelatinous
43:41
titties. You like when I talk about the sprinkled Cheeto dust
43:44
in your belly button. You like when I get up your
43:46
ass. You like when I tell you stories about my life.
43:48
I didn't realize that. I apologize. I told Ed, let's
43:51
just carve all that out instead of making like a
43:53
30, 40 minute episode. Let's
43:55
just drill it down to the meat of the content. And
43:58
man, when I tried to micro- micromanage ed, that
44:01
was a great example of do not
44:03
micromanage someone. It backfired
44:05
and you guys shat on me in the
44:07
comments and I love the relationship we have.
44:10
Go for it. And as you can see,
44:12
the next episode we fixed, right? We fixed.
44:14
So the point here is you think you're
44:16
leading but you're not. You're micromanaging and the
44:19
reason you're micromanaging is this because
44:21
I can do a whole episode on leadership and
44:23
management, right? Of people. So we
44:25
can't go on here but what I want to tell you
44:27
is the overarching view. Like when you are leading people, each
44:29
of them know what to do and they go out and
44:31
do it. Same with the
44:33
people like Lauren and Andrew who
44:36
are sitting right across from me here. They are
44:40
taking this content and
44:42
they are writing the description for
44:44
YouTube for the podcast. They're making
44:47
the thumbnail. Nine out of
44:49
ten times, I'm good with the subject line
44:51
and the headline of the thumbnail. Maybe
44:54
I'll say switch this or change that when they
44:56
run it by me but I have
44:58
to empower them because
45:00
they're doing the research. They have a better
45:02
pulse on what is going to get the
45:04
click and the listen than I
45:06
do. Now if they
45:08
try to micromanage me and they're like hey, you know, have you
45:10
tried this? Well, I
45:13
don't deliver that way. I deliver this way, right?
45:16
And so it won't work. And so
45:18
understand that when you're leading, you get
45:20
the right people who are bought into your vision,
45:22
you teach them how to do
45:24
their job and then you empower them
45:26
to do it. When
45:28
you're managing someone, you're
45:30
no longer leading. You're in the weeds. You're
45:33
doing the driving. They're just doing the work and
45:35
they feel like they have to run everything by
45:37
you every second and that
45:39
ends up creating a bottleneck because there's only one of you and
45:42
maybe five, ten, fifteen of them. Like I
45:44
said, just in this room, there's five of
45:46
us and this is just for my
45:48
personal brand. Like never mind the team for Fit Body
45:50
Boot Camp, the team for Truleen, the
45:53
team for all the other products and companies that
45:55
we have, right? And so I
45:57
can't be the micromanager. I have to learn to lead and when I
45:59
lead, I empower. And when I empower, it
46:01
gives them the freedom and
46:03
it gives them the creative space to go, hey, I got an idea.
46:05
This might work. And guess what? Oftentimes,
46:08
the ideas that they come up with does
46:10
work because they have a better pulse on
46:12
what's happening in their own zone of
46:14
genius and their own section that they're in charge of.
46:17
They have a better pulse on it than I do.
46:20
So once you realize that, that your job is really
46:22
to figure out who has my future customers.
46:24
Like if you want to scale your business, those are
46:26
the six things you got to do. Who has my
46:28
future customers? What is the 5%
46:30
that I need to focus on and I can delegate
46:32
the rest? My job is to delegate, lead, and create,
46:34
right? You replace the how and the what with who
46:36
can do this for me instead of how do I
46:39
do this or what do I need to do? Who
46:41
can do this for me? Number
46:43
four, brand yourself and not your
46:45
business and brand yourself consistently, right?
46:48
Number five, create and
46:51
collaborate with others who have your
46:53
future customers. And
46:55
then number six, lead your people
46:57
and don't just micromanage them. And when
46:59
you do these things, you will have
47:01
exponential growth, exponential scale in your business.
47:04
You'll make more income, have more impact,
47:06
have a lot more influence in your
47:08
industry. And ultimately, that's what life is
47:11
about because money gives you access to
47:13
opportunities, gives you freedom, allows you
47:15
to buy back your time and do whatever the
47:17
fuck you want in this beautiful planet of ours.
47:19
Guys, thank you for watching this episode. Remember
47:22
this, that average is the enemy. This
47:24
is your responsibility and change can take
47:27
place in an instant when you commit
47:29
a flip in that switch. See you
47:31
later. What's the difference between me and you? I'm free,
47:33
I'm free, I'm free. Back with you. What's going on with the run, the
47:35
win or the run?
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