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Marketing School - Digital Marketing and Online Marketing Tips

How to Use Your Digital Marketing Skills to Climb the 'Wealth Ladder' | Ep. #1394

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 26 May 2020

⏱️ 5 minutes

🧾️ Download transcript

Summary

In episode #1394, we share how to use your digital marketing skills to climb the wealth ladder. Keep in mind that there are no shortcuts to sustainable wealth, so take the longer-term approach and build your skills before getting in over your head. Tune in to hear how dropshipping can be a key step in getting up the wealth ladder! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: How to Use Your Digital Marketing Skills to Climb the Wealth Ladder.  [00:41] Resources for learning more about what the wealth ladder involves. [00:56] The wealth ladder outlines the process of developing skills and building your business.  [01:27] Understanding that you have to level up into different sections of the ladder.   [01:51] Using affiliate programs to generate revenue. [02:14] Hear how you can get a cut from each e-commerce transaction that you drive.  [02:35] Developing the right habits and skills before you jump into dropshipping.  [03:30] Examples of the many options ahead after you’ve done dropshipping.  [03:37] Remember that what goes up fast also comes down fast—be patient.  [03:53] That’s it for today! [03:56] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information. Links Mentioned in Today’s Episode: Nathan Barry  ConvertKit Amazon Shopify 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

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.5

Let's start leveling up your marketing knowledge with your

0:14.2

instructors Neil Patel and Eric Sue.

0:17.0

All right guys before we start we got a special message from our sponsor.

0:24.0

If you want to rank higher on Google,

0:25.9

you got to look at your paid speed time.

0:28.5

The faster your website loads, the better off you are.

0:31.3

With Google's core vital update,

0:33.0

that makes it super, super important

0:34.8

to optimize your site for low time.

0:37.6

And one easy way to do it is use the host

0:40.0

that Eric and I use, Dreamhost.

0:42.0

So just go to Dream Host or Google it.

0:44.8

Find it, check it out, and it's a great way

0:47.0

to improve your low time.

0:50.4

Welcome to another episode of Marketing School. I'm Eric Sue and I'm Neil Patel. And today we are going to talk about how to use your digital marketing skills to climb the wealth ladder. So let me define what the wealth ladder is first and

1:04.0

then Neil and I are going to teach you how to climb this ladder because both of us

1:06.9

we've climbed a ladder from our teenage years and our early 20s. So the Wealth Ladder I would recommend you Google Nathan Berry, this is the CEO of Convert Kit, Nathan Berry, B-A-R-R-Y, Wealth Ladder. He's got a blog post on this and it's

1:20.7

illustrated really well. Those are you that can see me on video right now I'm going this way. This is the Wealth Ladder. on this

1:23.7

is really well. Those we do that can see me on video right now. I'm going this way. This is the wealth ladder. And so the wealth ladder is basically

1:27.4

thinking about how you need to build skills and eventually build a really big business. So at the very bottom of the

1:34.4

ladder you're building skills, you're building habits, and then you climb up the ladder a little

...

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