Invest Back Into your Community - HIM 500 (clip from #289)

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

5 • 2K Ratings

🗓️ 18 September 2022

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

#entrepreneur

One key way to building and growing a community is to invest back into the community. Him 500 speaks on using his business knowledge and savvy to make sure that his community "RPX" is strong and well taken care of.

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Transcript

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0:00.0	previously on the social proof podcast.
0:02.6	We just pulled off an amazing event.
0:05.3	Um, or a recession proof.
0:07.8	It's crazy. Every time I look,
0:09.7	you have another impressive person on the fly
0:12.7	and magic Johnson, Mike Tyson.
0:15.1	Yeah. How much did that event cost you?
0:18.3	Shhh. All together, all in.
0:20.7	We was right under two million.
0:22.5	We was at like 1.92.
0:24.6	You spent two million on an event.
0:27.9	An event that by the way, you weren't selling tickets for?
0:32.1	No.
0:36.2	It's the point of that you see the money work.
0:39.8	Like people who pay into my community
0:41.3	at a pantry recession proof,
0:42.5	they actually get to see the money go to work for.
0:45.0	So I can take the money and go ball out.
0:46.7	Like the money I make from recession proof is
0:49.3	I can go buy yachts.
0:50.9	But instead, what I do is I put the money back into the community
0:53.7	to kind of keep the culture together.
	...

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