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The Tai Lopez Show

How To Build a Business With Little Or No Experience

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 23 October 2016

⏱️ 25 minutes

🧾️ Download transcript

Summary

How do you build a business with little or no experience? It’s simpler than you may think. If there’s one thing that I’ve learned in my 20+ years of entrepreneurship, it’s that most businesses are bad at this one key thing. And that key thing is marketing. You see, most businesses spend way too much time bettering their product. And they don’t spend enough time making sure that their product is actually known. Now I’m not saying that building the best product is a bad thing to do. But it leaves a vulnerability in many businesses, if equipped with the proper know-how, could potentially earn you a lot of money. Check out how Joe Soto built a 7-figure businesses using this one simple strategy.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

Joe, let's talk about how you built a million-dollar plus business with little or no experience

0:05.8

social media marketing company where you help businesses.

0:09.5

So many people wonder what to do.

0:14.3

They know they want to be entrepreneurs, but they don't have a lot of cash because you

0:17.5

didn't have much cash to start either, right?

0:20.3

And you didn't have much experience, you're pretty much self-taught or reminds me of the

0:23.9

Jim Rohn saying where he says, uh, a formal education will make you a living, but self-education

0:30.9

will make you a fortune.

0:31.9

Yeah, I agree.

0:34.0

So let's go back.

0:35.4

What year were you, and if you're watching, pay attention because we're going to go through

0:40.0

kind of the steps that he took and you can mimic and mold some of your life and around

0:47.1

what he did and what he found success at.

0:49.5

You actually have two companies now.

0:50.7

Well, let's focus on the social media marketing agency.

0:54.3

He basically, you specialize in restaurants now.

0:56.8

You've done different niches.

0:58.1

That's correct.

0:59.1

And you were telling me about one restaurant where you came in and they were making like

1:02.6

70 grand a week and you took them to 100,000 a week.

1:05.4

So you added 30,000 times four over 100 grand and they're, the thing about small businesses

1:11.5

if you own your own company, they will pay you if they can directly track that you're

...

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