How to Get Money out of Rich People | Ep. #586

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 9 March 2018

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #586, Eric and Neil explain how you can get rich people to part with their money. Tune in to hear how you can convince rich people to invest or become clients themselves. TIME-STAMPED SHOW NOTES: [00:27] Today’s Topic: How to Get Money out of Rich People [00:43] Eric has gotten money from people by networking and then identifying what their companies’ challenges were and coming up with solutions. [01:04] He waited a few months to hit these people up for money. [01:30] Get to know people before you ask for money! [01:50] Give help, show your value, and offer something. [02:15] Always ask what challenges they are facing, which is a great conversation starter. [02:45] Have multiple touchpoints and remain top-of-mind. [03:20] Nextiva was founded by the guys who created Endurance International and iPowerWeb. [03:40] Eric didn’t pitch the Nextiva founder; the founder reached out to get Eric speak at a conference. [04:00] Eric went because he saw Steve Wozniak would be speaking at this conference. [04:10] They then developed a relationship and he came to Eric to ask for help. [04:27] Usually, this is unique, but the key is they had established a relationship before the topic of business was broached. [05:24] That’s it for today! [05:28] Go to Singlegrain.com/Giveway for a special marketing tool giveaway! Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Get ready for your daily dose of marketing strategies and tactics from
0:06.8	entrepreneurs with the guile and experience to help you find success in any
0:11.4	marketing capacity. You're listening to marketing school
0:14.5	with your instructors Neil Patel and Eric Sue.
0:19.4	All right guys before we start we got a special message from our sponsor.
0:27.0	If you want to rank higher on Google, you got to look at your page speed time.
0:31.5	The faster your website loads, the better off you are. With
0:34.4	Google's core vital update, that makes it super, super important to optimize your
0:38.5	site for low time. And one easy way to do it is use the host that Eric and I use dream
0:44.5	host so just go to dream host or Google it find it check it out and it's a
0:49.3	great way to improve your load time.
0:51.6	Welcome to another episode of Marketing School.
0:55.0	I'm Eric Sue.
0:56.0	And I'm Neil Patel.
0:58.0	And today we are going to talk about how you can get more money out of rich people.
1:03.0	Neil, what do you think?
1:05.0	Have you ever raised money from other rich people?
1:08.0	Not in the traditional sense.
1:10.0	What do you mean not in the traditional sense?
1:12.0	Not like any venture funding or anything like that.
1:15.0	But you've hit people up for money?
1:17.0	Yes. Okay, how'd you get money out of it?
	...

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