What We Can Learn From The Fall of Dan Bilzerian | Ep. #1579

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 4 December 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #1579, we talk about some of the lessons we can learn from the fall of Dan Bilzerian. Known as The King of Instagram, Dan is notorious for his lavish parties, extravagant holidays, and all-round over the top antics. We hear more about his decline, the problems facing his company, Ignite CBD, and ways he could potentially turn things around. For this and a whole lot more, be sure to tune in today! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: What We Can Learn About the Fall of Dan Bilzerian. [00:37] Hear more about who Dan Bilzerian – the topic of this show – is. [01:38] The beginning of the end: How things started going downhill for Dan. [02:30] Why Dan’s company, Ignite CBD, is embroiled in a legal battle. [03:30] Facts about Dan that show his wealth was just a charade. [04:37] The problem with issuing personal expenses to your company. [05:34] There is no doubt Dan has done a great job of building his brand. [06:09] Ignite CBD was not driven to serve their customers; they relied too much on Dan’s brand. [06:20] Hear some of the unbelievable expenses Dan racked up. [07:31] Neil’s main takeaway: Dan’s company was consistently mismanaged. [08:20] Why Eric doesn’t necessarily think it’s the end for Dan and Ignite. [09:05] That’s it for today! [09:05] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785! Links Mentioned in Today’s Episode: Dan Bilzerian on Instagram Dan Bilzerian on Twitter Ignite CBD Paul Bilzerian Kevin O'Leary ‘Dan Bilzerian Is A Renter, And Someone Else Pays His Credit Card Bills: Lawsuit’ 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.
0:19.4	Welcome to another episode of Marketing School. I'm Eric Sue and I'm Neil Patel. And today
0:26.7	we are going to talk about what we can learn from the fall of Dan Bilzarian.
0:31.0	So let's explain who Dan Bilzarian is first. Neil you want to go and then I'll kind of add color to it.
0:38.0	Yeah, so Dan Bilzarian is really popular on Instagram. He got known for posting half naked pictures, women, and I think maybe even
0:46.1	himself, and some of the women I don't think were half naked, maybe they were fully naked.
0:51.1	And people are like, he's a modern Hugh Hefner so they wanted to follow him and he
0:56.0	flew up that was many years ago Eric do you want to break down the fall of him
1:01.5	because I think you know more about that than I do.
1:03.7	Yeah sure. So Dan Bilzarian I mean just to give a little more context so he is known as the
1:09.9	king of Instagram I think he's got over 32 million followers or so. To Neil's point, you know, he's
1:14.8	throws lavish parties, he's got this big mansion, and he supposedly was known for making all
1:22.1	his money through poker and so a lot of the
1:25.2	parties that he would throw would cost upwards of $700,000 plus and you know a lot of
1:30.0	these people in especially in Hollywood would want to go to his his parties.
1:34.7	So with Dan Bilzarian, what started happening recently was he founded a company called
1:40.0	Ignite and Ignite was a CVD company and they actually went public on the Toronto
1:46.7	Stock Exchange I think it started at like $200 or $2.50 a share and I think it quickly lost like 80% of its value. Anyway all that to say is
1:57.1	this company Ignite is actually in a lawsuit right now and I believe they've been losing like 20, 30 million dollars a year or so, maybe even more, and Dan's going to court now.
2:08.6	And so what Neil and I wanted to talk about in this episode is there's a lot you can learn from the rise of Dan Bilsarian,
	...

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