Everything Is Down - Here's How Our Businesses Are Being Impacted And What We Are Doing.. Why We Network With Our Competitors

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.6 • 1.3K Ratings

🗓️ 28 April 2025

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #2961, Eric Siu and Neil Patel highlight the power of networking, long-term relationships, and adapting to market changes. They also discuss tariffs, building support networks, and collaborating with competitors. Note: This episode was recorded during the hosts' travels. Audio quality may be lower than our usual standards. TIME-STAMPED SHOW NOTES (00:00) Networking Opportunities at Events (02:48) The Importance of Long-Term Relationships (06:12) Navigating Business Challenges (09:03) Understanding Market Dynamics (12:02) The Impact of Tariffs and Trade (14:59) Building a Supportive Network (18:07) Collaboration Over Competition Prefer single topic episodes? Head over to our YouTube channel. To suggest a topic, go to https://www.marketingschool.io. For more content from Eric and Neil, check out Eric’s Leveling Up with Eric Siu YouTube channel and Neil’s Neil Patel YouTube channel. Connect with Us: Single Grain << Eric's ad agency NP Digital << Neil’s ad agency X @neilpatel, @ericosiu Instagram @neilpatel, @ericosiu Drop Us a Review If You Enjoyed the Episode!

Transcript

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0:00.0	All right, guys, we are live.
0:05.6	We are live from Miami.
0:08.0	And we're recording on my DGI Osmo.
0:10.8	So Neil is actually my hotel room right now, guys.
0:13.2	You don't see the video right now.
0:14.3	This is why you guys should subscribe to us on YouTube.
0:16.3	We're on YouTube right now.
0:17.5	And we're at the Global Marketing Summit.
0:19.9	And I think we're going to
0:21.6	riff a lot today for the podcast episode and share the things we've been doing, the conversations
0:26.4	we've been having at this event. And I think it's going to be going to be a great time. I'm
0:31.8	obviously in the middle of hosting this damn thing. So there's a lot of running around that I have
0:35.5	to do. So Neil, why don't you start first? Because then that takes a load off of me. Yeah, sure. Dude, one of the most interesting
0:42.1	things that I put on a spreadsheet based on a conversation that happened today, one of the main
0:47.9	benefits of going to big events where people generate a lot of revenue, many of them have
0:53.3	multiple businesses.
0:54.6	And some of their businesses are in the same industry that yours is in, but they're not its
1:00.7	primary focus.
1:02.0	So for example, there was a gentleman that Eric and I know.
1:05.0	He has a business that's a few years old and I think it's like on track for like 70 million
1:09.1	or something like that.
1:10.4	Then he has another business that is probably closer to 10 years old,
	...

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