4.8 • 2.1K Ratings
🗓️ 17 January 2023
⏱️ 65 minutes
🧾️ Download transcript
Marketing is one of the biggest things that can make or break your business. Ryan Pineda sits down to talk with the “savant of marketing,” Neil Patel about how to apply it best to benefit your business.
For only .99 CENTS order my new book “The Wealthy Way: Don’t Go Broke Trying To Get Rich” and get FREE access to my new course “Business Builder Academy” where I go over all the fundamentals of building a 7-figure business.
https://www.wealthyway.com/book
______________________________________________________
Here's how my businesses can help you:
Want to be coached by me on real estate investing? Apply at https://wealthyinvestor.com
Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthycreator.io
You can invest in my real estate deals! Go to https://pinedacapital.com
Need tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/
For a free consultation with my team go to https://RyanPineda.com
______________________________________________________
My other social media channels:
Subscribe to my real estate only channel "Future Flipper" https://www.youtube.com/c/futureflipper1
Follow me on Social Media:
https://www.instagram.com/ryanpineda
https://www.tiktok.com/@ryanpineda
https://www.twitter.com/ryanpineda
______________________________________________________
At 16, Neil Patel started his first business, an ad agency. While making a speech on how Google works ,he was approached to create ads by a company looking for a marketer, which evolved into working for 4 different companies, making 20,000 a month. When he was removed from a contract for advising the company to reduce the amount they were spending on their marketing, it led to a realization about the efficiency of marketing. He determined that focusing on software would save money, and that software could automate work and make it more efficient. That agency brings in over 9 figures, with 40 percent of its growth generating in this past year.
Marketing has changed a lot recently. Ad agencies are realizing that ads of celebrities with products don't create much return. First, it’s important to be aware of what is trending now. Software can now determine that-in real time. That makes it easier to know what ads are going to be more popular and produce more ROIs. It’s important to build influence, then build a good company that people can relate to. The product is important. Something that is too specific won’t build revenue, but it should still be unique. Focus on your core competency. More content doesn’t mean it’s better, especially if it isn’t something people need or are really looking for.
When creating ads, here are some tips:
1. It works better to pay influencers to promote a product relating to their audience.
2. Have influencers on your website.
3. You need upsells, downsells and products in your ads.
4. Creativity is what makes content better. Focus on brand creation, and creating an emotional connection. Care for your audience. There’s always going to be a human element that AI can’t replace.
5. From an ROI standpoint, iff it works, do it. TikTok, influencers, whatever’s working is what you double down on.
Click on a timestamp to play from that location
0:00.0 | She's super popular. She has like Vodkin Fuse whipped cream or something like that. |
0:05.6 | And she has a ton of followers. But when you look at the revenue for that business, |
0:08.9 | you're not even talking about $10 million. The problem is the influencer want to do something |
0:13.0 | like Vodkin Fuse whipped cream. Something so specific. There's no product market. Yeah. |
0:17.7 | And they're like, oh, riches are in the niches. No, it's not. You need to go after a big |
0:21.4 | tam, right? Total addressable market to do. Yeah. Yeah. |
0:24.2 | All right. I am with the savant of marketing. Neil Patel. What's up, man? |
0:30.4 | Hey, how are you? Good. Dude, so I was talking to you pre-show. And I mean, I've seen your stuff. |
0:34.8 | And I've had people tell me like, you're the guy who knows everything about marketing. But I |
0:39.5 | didn't know how massive it really was. And you were like, yeah, I mean, we managed, you know, |
0:44.4 | billions of dollars of ad spent a year. I'm like, what? It's crazy. It's not that hard because |
0:49.6 | there's really large corporations that themselves will spend 100, 200 million or a half a billion |
0:55.0 | and it adds up really quickly. Yeah. So how did you even get to this point of, you know, you've |
1:01.2 | got this agency that's managing billions of dollars of ad spend for these massive corporations? |
1:07.5 | And I was like, how did you even start making money? You're like, well, I came from tech and, |
1:11.1 | you know, I've got cash flow. And like, I want to know, how did you get started? |
1:15.2 | So I am 37 right now, sort of the first business when I was 16, first real one, which was a ad |
1:22.2 | agency. Okay. Spoken a nighttime community college when I was in high school. I was trying to |
1:27.5 | finish college really early because I wanted to get into the workforce. And my first speech was |
1:32.4 | on how Google works and their algorithm. And someone in that class worked at a power supply |
1:39.1 | manufacturer. They provided power supplies to airplanes or heart recesses taters. And they're like, |
1:44.9 | we're looking for some sort of marker that does what you're talking about. Can you meet my boss's |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ryan Pineda, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ryan Pineda and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.