1 00:00:00,160 --> 00:00:05,800 Speaker 1: Afrotech Conference is back, bringing together over twenty thousand tech enthusiasts, founders, investors, 2 00:00:05,840 --> 00:00:09,239 Speaker 1: and more for another unforgettable year. For years, afro Tech 3 00:00:09,240 --> 00:00:11,360 Speaker 1: has been the go to event for black innovators in 4 00:00:11,480 --> 00:00:14,680 Speaker 1: tech with the brightest mind share the latest developments and insights, 5 00:00:14,920 --> 00:00:17,560 Speaker 1: and this year we're bringing the experience to Houston, Texas 6 00:00:17,560 --> 00:00:20,400 Speaker 1: from November thirteenth through the sixteenth. Join us to learn 7 00:00:20,400 --> 00:00:22,560 Speaker 1: from the innovators and leaders who are shaping the future 8 00:00:22,560 --> 00:00:26,480 Speaker 1: of tech. From insightful panels to curated meetups and expansive recruiting, 9 00:00:26,720 --> 00:00:30,040 Speaker 1: you'll connect with industry trailblazers. In addition to focusing on 10 00:00:30,080 --> 00:00:33,159 Speaker 1: the latest and AI and data, this year's programming explores 11 00:00:33,200 --> 00:00:36,559 Speaker 1: the intersextions of tech with health, environment and creative design. 12 00:00:36,760 --> 00:00:38,880 Speaker 1: Don't miss your chance to be part of it. Secure 13 00:00:38,920 --> 00:00:42,240 Speaker 1: your spoted afro Tech Conference twenty twenty four today visit 14 00:00:42,280 --> 00:00:46,920 Speaker 1: Afrotech Conference dot counter Buy your ticket now. I'm Will 15 00:00:46,960 --> 00:00:51,600 Speaker 1: Lucas and this is Black Tech, Green Money Marketing Strategists. 16 00:00:51,680 --> 00:00:54,920 Speaker 1: Maddy Woodard is an innovative thinking with broad business acumen 17 00:00:55,040 --> 00:00:59,040 Speaker 1: and in depth marketing and branding experience. He serves as 18 00:00:59,040 --> 00:01:02,800 Speaker 1: a marketing consultant Chief marketing Officer. It was previously a marketing, 19 00:01:02,840 --> 00:01:06,320 Speaker 1: brand analyst and associated brand manager at Mars PetCare, which 20 00:01:06,360 --> 00:01:09,160 Speaker 1: is home to Ims, Pedigree and more, and he was 21 00:01:09,240 --> 00:01:12,360 Speaker 1: brand manager at new brands home the Rubber May, Great 22 00:01:12,400 --> 00:01:14,040 Speaker 1: Co and Paper May. 23 00:01:14,240 --> 00:01:16,000 Speaker 2: His social media profiles teach. 24 00:01:15,840 --> 00:01:19,880 Speaker 1: Others how to grow online and monetize their content and insights. 25 00:01:21,680 --> 00:01:22,880 Speaker 2: So I am. 26 00:01:23,120 --> 00:01:28,000 Speaker 3: Super curious about social strategy and I have a question 27 00:01:28,280 --> 00:01:30,560 Speaker 3: that's kind of selfish, but I know a lot of 28 00:01:30,560 --> 00:01:33,399 Speaker 3: people have the same thing. Why am I stuck out 29 00:01:33,400 --> 00:01:35,920 Speaker 3: of seventeen thousand followers on Instagram? 30 00:01:36,319 --> 00:01:36,679 Speaker 2: Stuck? 31 00:01:36,840 --> 00:01:38,800 Speaker 3: Like I just got to I was at like sixteen 32 00:01:38,840 --> 00:01:40,440 Speaker 3: point nine that I went to invest fast and I 33 00:01:40,440 --> 00:01:46,680 Speaker 3: got to seventeen but then but I've been at sixteen forever. Yep, 34 00:01:46,880 --> 00:01:47,560 Speaker 3: Why am I stuck? 35 00:01:47,680 --> 00:01:51,480 Speaker 4: So man, beautiful question, and I'll try to give the 36 00:01:51,560 --> 00:01:56,360 Speaker 4: short version of the answer. What we know of Instagram 37 00:01:56,480 --> 00:02:00,840 Speaker 4: has changed dramatically, and I would say this CEO has 38 00:02:00,880 --> 00:02:03,760 Speaker 4: been dropping the nuggets of it. But I'll try to 39 00:02:03,800 --> 00:02:06,320 Speaker 4: tie it all together. The first thing is we got 40 00:02:06,360 --> 00:02:08,920 Speaker 4: to remember how did we used to grow? So there's 41 00:02:08,960 --> 00:02:11,800 Speaker 4: pretty much organic growth, which would come through the form 42 00:02:11,840 --> 00:02:15,519 Speaker 4: of people sharing your content primarily to their group of friends. 43 00:02:16,000 --> 00:02:18,440 Speaker 4: And in the second part, I'm not talking about paid, right, 44 00:02:18,520 --> 00:02:21,279 Speaker 4: But the second part is what I would call algorithmic. 45 00:02:21,440 --> 00:02:25,760 Speaker 4: So this is usually hashtags, keywords, or different things that 46 00:02:25,760 --> 00:02:28,040 Speaker 4: will get you on the search tab or the explore 47 00:02:28,120 --> 00:02:31,960 Speaker 4: tab at this point, a lot of us if we 48 00:02:31,960 --> 00:02:34,000 Speaker 4: don't play the second part of the game, right, if 49 00:02:34,000 --> 00:02:36,840 Speaker 4: we're only counting on our core audience to distribute us, 50 00:02:37,320 --> 00:02:39,160 Speaker 4: we end up in sort of a loop of the 51 00:02:39,200 --> 00:02:41,800 Speaker 4: same people seeing the same things, sharing it to the 52 00:02:41,840 --> 00:02:44,600 Speaker 4: same people, and they've already made a decision on whether 53 00:02:44,600 --> 00:02:47,800 Speaker 4: they're going to follow us or not. So your follower 54 00:02:47,800 --> 00:02:50,720 Speaker 4: base might be seventeen thousand, your awareness base may be 55 00:02:50,880 --> 00:02:53,440 Speaker 4: ten x that, right, So there may be easily enough 56 00:02:53,440 --> 00:02:55,800 Speaker 4: people that's like, oh, I've seen brother's face, I'm familiar 57 00:02:55,840 --> 00:02:59,280 Speaker 4: with him, but it isn't worth a follow, right. So 58 00:02:59,320 --> 00:03:02,240 Speaker 4: the question because how do we play the algorithmic game 59 00:03:02,639 --> 00:03:05,880 Speaker 4: so that we can disproportionately grow At this current stage 60 00:03:06,000 --> 00:03:08,720 Speaker 4: we're in late twenty twenty four, what the Instagram has 61 00:03:08,720 --> 00:03:13,119 Speaker 4: said is we're maximizing, we're prioritizing reach over everything. What 62 00:03:13,200 --> 00:03:15,720 Speaker 4: I hear that to mean is some of our more 63 00:03:15,800 --> 00:03:19,359 Speaker 4: niche based content or some of our more brand based content. 64 00:03:19,800 --> 00:03:23,639 Speaker 5: It's dead on a rifle. If you don't play to the. 65 00:03:23,760 --> 00:03:27,880 Speaker 4: Mass audience, you're going to have a hard time getting 66 00:03:27,919 --> 00:03:30,320 Speaker 4: people to stop long enough to follow you. So now 67 00:03:30,360 --> 00:03:32,160 Speaker 4: let's look at a couple of triggers that get you 68 00:03:32,200 --> 00:03:35,600 Speaker 4: to the masses. One is music. So if you can 69 00:03:35,680 --> 00:03:38,680 Speaker 4: catch a trend or start a trend at the right time, 70 00:03:39,080 --> 00:03:41,360 Speaker 4: what does that mean. I've seen that. Typically if you 71 00:03:41,360 --> 00:03:44,240 Speaker 4: can see a song or audio that's growing, but it's 72 00:03:44,320 --> 00:03:46,880 Speaker 4: under ten thousand plays, but it appears to be growing, 73 00:03:47,280 --> 00:03:49,240 Speaker 4: I try to catch that wave and ride it to 74 00:03:49,280 --> 00:03:52,480 Speaker 4: twenty thirty hundred thousand, or if you have the ability 75 00:03:52,520 --> 00:03:55,840 Speaker 4: to start something. So you're probably tired of this, but 76 00:03:55,880 --> 00:03:59,320 Speaker 4: we're a couple of weeks away from very demure, very mindful. 77 00:03:59,400 --> 00:03:59,640 Speaker 5: Right. 78 00:04:00,040 --> 00:04:02,520 Speaker 4: If you can be the person at the forefront of 79 00:04:02,640 --> 00:04:05,240 Speaker 4: something like that, then every time a person goes to 80 00:04:05,280 --> 00:04:07,680 Speaker 4: search for the origin of the history of this, they 81 00:04:07,760 --> 00:04:10,720 Speaker 4: got a different portionate amount of chance of landing back 82 00:04:10,760 --> 00:04:13,040 Speaker 4: in front of you. So it gets a little lengthy, 83 00:04:13,080 --> 00:04:16,279 Speaker 4: But for most of us, we're making too broad I'm sorry, 84 00:04:16,360 --> 00:04:19,400 Speaker 4: too tight up content. We're talking to a certain group 85 00:04:19,440 --> 00:04:21,400 Speaker 4: of people, we're talking to them in a more familiar 86 00:04:21,480 --> 00:04:23,360 Speaker 4: term when we need to be talking more to the 87 00:04:23,400 --> 00:04:25,279 Speaker 4: masses in a more general language. 88 00:04:26,279 --> 00:04:29,239 Speaker 3: So I follow up to that I think will bless 89 00:04:29,279 --> 00:04:33,000 Speaker 3: some people. So there's two questions there for me. There's one, Yeah, 90 00:04:33,040 --> 00:04:34,760 Speaker 3: I want to be seen by more people. I want 91 00:04:34,800 --> 00:04:36,760 Speaker 3: more people to know who I am just for general 92 00:04:36,800 --> 00:04:40,200 Speaker 3: awareness purposes. Yes, factual, I would love to be at 93 00:04:40,240 --> 00:04:43,640 Speaker 3: twenty thirty forty thousand plus followers. I'm not seventeen today. 94 00:04:43,640 --> 00:04:46,680 Speaker 3: I can't complain about that. But the other thing is 95 00:04:46,760 --> 00:04:50,120 Speaker 3: also not to be so focused on those numbers, because 96 00:04:50,160 --> 00:04:53,400 Speaker 3: sometimes the right people following you, even if you don't 97 00:04:53,400 --> 00:04:56,400 Speaker 3: have a whole bunch of people following you, also matters. 98 00:04:56,560 --> 00:04:59,560 Speaker 3: I've gotten opportunities with my smaller amount of followers just 99 00:04:59,560 --> 00:05:03,839 Speaker 3: because the right people are following. So as an entrepreneur 100 00:05:03,880 --> 00:05:06,080 Speaker 3: or somebody who's using this for business objectives, and I'm 101 00:05:06,080 --> 00:05:08,479 Speaker 3: not trying to be flute out, you know, why does 102 00:05:08,520 --> 00:05:09,000 Speaker 3: this matter? 103 00:05:10,080 --> 00:05:10,800 Speaker 5: Man? Beautiful? 104 00:05:11,279 --> 00:05:14,760 Speaker 4: And I'll go to our origin. You were one of 105 00:05:14,800 --> 00:05:19,159 Speaker 4: the people of influence that caught me at the budding phase, right, 106 00:05:19,320 --> 00:05:21,800 Speaker 4: so I had looked at and try notes. 107 00:05:21,880 --> 00:05:24,960 Speaker 5: You first reached out to me in twenty nineteen. Oh wow. Yeah, 108 00:05:25,000 --> 00:05:26,160 Speaker 5: So apologies for the. 109 00:05:26,120 --> 00:05:29,400 Speaker 4: Five year lad, But I say that to say you 110 00:05:29,440 --> 00:05:31,520 Speaker 4: were one of those people in my world that were 111 00:05:31,520 --> 00:05:35,240 Speaker 4: the right people following me before I became Instagram famous. 112 00:05:35,520 --> 00:05:37,600 Speaker 4: And when you're in that space, these people have already 113 00:05:37,600 --> 00:05:40,240 Speaker 4: built platforms that you can stand on, and. 114 00:05:40,200 --> 00:05:41,480 Speaker 5: These people already have. 115 00:05:42,920 --> 00:05:45,960 Speaker 4: Sort of voices and megaphones that amplify whatever it is 116 00:05:46,000 --> 00:05:48,840 Speaker 4: that you're communicating. So to anyone that's in both of 117 00:05:48,880 --> 00:05:51,920 Speaker 4: those spaces, if you're feeling like, dang, I'm still struggling 118 00:05:51,920 --> 00:05:53,120 Speaker 4: to grow and I don't know. 119 00:05:53,040 --> 00:05:54,839 Speaker 5: If I got the right mix of people following. 120 00:05:55,400 --> 00:05:58,839 Speaker 4: This is where asking something, and I don't mean call 121 00:05:58,920 --> 00:06:01,160 Speaker 4: to action in the genera, but I mean in in 122 00:06:01,200 --> 00:06:05,080 Speaker 4: a genuine form, ask something and see what you get back. 123 00:06:05,360 --> 00:06:09,000 Speaker 4: Ask for the share, ask for the introduction, ask for 124 00:06:09,120 --> 00:06:11,360 Speaker 4: the opportunity to collaborate, and. 125 00:06:11,320 --> 00:06:13,880 Speaker 5: See what that sort of conversation starts to prove. 126 00:06:14,760 --> 00:06:17,600 Speaker 4: And then the last part of it is, and this 127 00:06:17,680 --> 00:06:20,560 Speaker 4: is sort of a compliment to what you were saying, 128 00:06:20,600 --> 00:06:24,440 Speaker 4: Will the dms are magical, bro, There's a lot of 129 00:06:24,440 --> 00:06:27,039 Speaker 4: stuff that we just can't do on platform. It's not 130 00:06:27,120 --> 00:06:29,960 Speaker 4: the right space to be an open conversation to the public, 131 00:06:30,320 --> 00:06:34,360 Speaker 4: but the right time private message with with like like 132 00:06:34,520 --> 00:06:37,480 Speaker 4: positive intent, it opens up a world of opportunities. 133 00:06:38,360 --> 00:06:42,920 Speaker 3: So how attentive should we be for what it appears Instagram, 134 00:06:43,080 --> 00:06:45,080 Speaker 3: particularly Instagram? And then we'll talk about other things. I 135 00:06:45,160 --> 00:06:49,560 Speaker 3: was talking about your story, but when Instagram is appears 136 00:06:49,560 --> 00:06:52,000 Speaker 3: to be testing things like right now, you see if 137 00:06:52,080 --> 00:06:53,920 Speaker 3: you go to your DMS, you see now a time 138 00:06:55,080 --> 00:06:57,160 Speaker 3: stories kind of in the DMS, Like you know, I 139 00:06:57,160 --> 00:07:01,359 Speaker 3: can write a note, I still don't stand what that 140 00:07:01,720 --> 00:07:04,480 Speaker 3: thing is, But how if I'm trying to grow, should 141 00:07:04,520 --> 00:07:06,840 Speaker 3: I be paying attention to those new features? 142 00:07:07,880 --> 00:07:10,400 Speaker 5: So let me add that contextual. 143 00:07:10,760 --> 00:07:13,280 Speaker 4: If we simplify the buyer's journey or most people are 144 00:07:13,320 --> 00:07:16,080 Speaker 4: called in the funnel into like three core steps. You 145 00:07:16,120 --> 00:07:18,280 Speaker 4: got to get some awareness. People can't buy what they've 146 00:07:18,320 --> 00:07:21,360 Speaker 4: never heard of. You need some level of trust, some 147 00:07:21,560 --> 00:07:26,840 Speaker 4: level of additional information consideration, and then you need the 148 00:07:26,880 --> 00:07:30,600 Speaker 4: final purchase and or subsequent purchases. What I think is 149 00:07:30,880 --> 00:07:33,960 Speaker 4: most of us overlook how many people we need in 150 00:07:34,000 --> 00:07:38,400 Speaker 4: phase one just pure awareness, right, and then when you 151 00:07:38,440 --> 00:07:40,360 Speaker 4: go to phase two what you just asked me is 152 00:07:40,360 --> 00:07:42,720 Speaker 4: a two to three sort of a phase two to 153 00:07:42,760 --> 00:07:45,840 Speaker 4: phase three strategy. At this point, I wouldn't be so 154 00:07:45,920 --> 00:07:49,320 Speaker 4: aware to any one platform that we neglect all of 155 00:07:49,360 --> 00:07:51,760 Speaker 4: the things that we should be doing to move people 156 00:07:51,800 --> 00:07:54,560 Speaker 4: down that path to purchase. And it might look like 157 00:07:54,680 --> 00:07:58,040 Speaker 4: that pop up note as a gentle reminder of staying 158 00:07:58,120 --> 00:08:00,880 Speaker 4: top of mind at a minimum. What I like about stories, 159 00:08:00,920 --> 00:08:03,440 Speaker 4: what I like about DM notes is that it brings 160 00:08:03,480 --> 00:08:05,680 Speaker 4: you back to the forefront and you're like, oh, I 161 00:08:05,720 --> 00:08:07,720 Speaker 4: do oh, will the follow up? Or I was just 162 00:08:07,760 --> 00:08:10,040 Speaker 4: adding that to my car because I don't know if 163 00:08:10,040 --> 00:08:12,160 Speaker 4: you have kids, But one of the craziest things that 164 00:08:12,200 --> 00:08:14,320 Speaker 4: we find from research is we be about to buy. 165 00:08:14,120 --> 00:08:16,600 Speaker 5: Something and then kid does something. 166 00:08:16,720 --> 00:08:20,560 Speaker 4: And we write, and the ins for something that you've 167 00:08:20,560 --> 00:08:22,920 Speaker 4: been wanting to do takes two more weeks before you 168 00:08:22,960 --> 00:08:26,000 Speaker 4: get the mental sort of focus to then click the button. 169 00:08:26,320 --> 00:08:28,240 Speaker 4: So the number one thing that I would be doing 170 00:08:28,240 --> 00:08:30,640 Speaker 4: and saying, what are the strategies that allowed me to 171 00:08:30,680 --> 00:08:33,280 Speaker 4: stay top of mind? Because people buy when they ready 172 00:08:33,280 --> 00:08:34,600 Speaker 4: to buy, not when we ready to sell. 173 00:08:35,400 --> 00:08:39,840 Speaker 3: So you have a corporate background, and so what about 174 00:08:39,960 --> 00:08:42,880 Speaker 3: social If you can tell a brief story about your 175 00:08:42,920 --> 00:08:46,319 Speaker 3: corporate background and think what piqued your interest about social 176 00:08:46,400 --> 00:08:49,400 Speaker 3: and what was that opportunity you saw that you took 177 00:08:49,400 --> 00:08:51,760 Speaker 3: advantage of to become the money where. 178 00:08:51,280 --> 00:08:52,040 Speaker 5: We are today. 179 00:08:53,120 --> 00:08:55,920 Speaker 4: So my quickest way to sum this up is, I'm 180 00:08:55,920 --> 00:08:59,040 Speaker 4: the smart dude from the hood, right. So I was 181 00:08:59,080 --> 00:09:02,360 Speaker 4: that kid that great grades, did athletics, but it was 182 00:09:02,400 --> 00:09:04,760 Speaker 4: more of a means to an end. Got to college 183 00:09:05,040 --> 00:09:08,200 Speaker 4: and was excelling, but I didn't quite have that direction. 184 00:09:08,559 --> 00:09:11,480 Speaker 4: I was between corporate finance and marketing. I met a 185 00:09:11,480 --> 00:09:14,240 Speaker 4: guy who went on to become a mentor, and he said, Man, 186 00:09:14,240 --> 00:09:17,280 Speaker 4: if you got the financial chops to do corporate finance, 187 00:09:17,320 --> 00:09:21,080 Speaker 4: investment banking, you will thrive in marketing because it's not 188 00:09:21,280 --> 00:09:24,600 Speaker 4: just the creative things. You're the person that's running the business. 189 00:09:24,920 --> 00:09:27,800 Speaker 4: You need to have that analytical rigger and that creative muscle. 190 00:09:28,200 --> 00:09:28,480 Speaker 5: Cool. 191 00:09:29,040 --> 00:09:32,000 Speaker 4: Almost ten years in corporate and I see this thing 192 00:09:32,160 --> 00:09:35,720 Speaker 4: taking off that I'll just call direct to consumer. I'm 193 00:09:35,760 --> 00:09:38,800 Speaker 4: coming from big corporate, you guys. So we're talking paper mad, 194 00:09:38,880 --> 00:09:41,160 Speaker 4: ink pins, number one ink pen brand in the world, 195 00:09:41,480 --> 00:09:44,439 Speaker 4: Pedigree dog food, number one dot food brand in the world, 196 00:09:45,000 --> 00:09:48,000 Speaker 4: great go baby product. So the car seats business. So 197 00:09:48,240 --> 00:09:53,960 Speaker 4: you're so disconnected from the people. Our customer was Walmart, Amazon, 198 00:09:54,320 --> 00:09:57,520 Speaker 4: We called the final purchaser, the consumer, you know what 199 00:09:57,520 --> 00:10:00,360 Speaker 4: I mean. But as a person who's sitting here with 200 00:10:00,480 --> 00:10:04,280 Speaker 4: both minds thinking, the employee in me is thinking about 201 00:10:04,280 --> 00:10:08,040 Speaker 4: how do I do my job? The aspiring entrepreneurs thinking 202 00:10:08,640 --> 00:10:11,720 Speaker 4: there's no more red tape, right, I don't have to 203 00:10:11,840 --> 00:10:14,960 Speaker 4: do all of this bureaucratical stuff to get a concept 204 00:10:14,960 --> 00:10:17,400 Speaker 4: from out of my brain into the market. What if 205 00:10:17,440 --> 00:10:19,679 Speaker 4: we can just put some out in front of folks 206 00:10:20,160 --> 00:10:22,600 Speaker 4: and get straight to the interaction, whether that be a 207 00:10:22,640 --> 00:10:25,280 Speaker 4: sell or follow or whatever it is that we're looking for. 208 00:10:25,440 --> 00:10:28,839 Speaker 4: So I was sort of on the front end of it, 209 00:10:29,040 --> 00:10:30,840 Speaker 4: but I didn't have a magic ball. 210 00:10:31,000 --> 00:10:32,160 Speaker 5: I did not. 211 00:10:32,240 --> 00:10:36,880 Speaker 4: Foresee it becoming this big, this fast because I started 212 00:10:37,040 --> 00:10:40,080 Speaker 4: college right at the start of Facebook, and so my 213 00:10:40,280 --> 00:10:43,440 Speaker 4: initial introduction to social media was flirting with girls. It 214 00:10:43,520 --> 00:10:47,200 Speaker 4: was never right coming up with products and services and 215 00:10:47,200 --> 00:10:49,200 Speaker 4: going direct a consumer. But once I was sort of 216 00:10:49,240 --> 00:10:52,040 Speaker 4: seasoned in business, I realized the power and I sort 217 00:10:52,040 --> 00:10:53,839 Speaker 4: of went full steam ahead in this area. 218 00:10:54,000 --> 00:10:56,560 Speaker 3: So I saw this meme today and this is this 219 00:10:56,600 --> 00:10:58,240 Speaker 3: I'm going to tell you what this question is for. 220 00:10:58,360 --> 00:11:00,360 Speaker 3: This question is an opportunity for you to talk about 221 00:11:00,360 --> 00:11:02,360 Speaker 3: how are you the truth? So I'm gonna give you that. 222 00:11:02,480 --> 00:11:04,880 Speaker 3: And so I saw this meme and it said, just 223 00:11:05,000 --> 00:11:06,920 Speaker 3: like an hour or two ago, I should have screenshoted it, 224 00:11:06,960 --> 00:11:09,559 Speaker 3: but it said, anybody that's making eighty thousand dollars a month, 225 00:11:10,080 --> 00:11:11,800 Speaker 3: it's not going to be on Instagram teaching you how 226 00:11:11,800 --> 00:11:14,360 Speaker 3: to make eighty thousand dollars a month. They're going to 227 00:11:14,400 --> 00:11:17,240 Speaker 3: be trying to sell you something that you can make 228 00:11:17,280 --> 00:11:19,000 Speaker 3: sure they can make it that eight thousand dollars a month. 229 00:11:19,320 --> 00:11:23,840 Speaker 3: And so talk about how you are actually providing value 230 00:11:23,880 --> 00:11:25,880 Speaker 3: and yeah, this might be this may be a source 231 00:11:25,920 --> 00:11:28,400 Speaker 3: of income for you, but you're actually providing value. 232 00:11:29,080 --> 00:11:32,719 Speaker 4: Yeah, So I would I would like to say I 233 00:11:32,840 --> 00:11:38,880 Speaker 4: sit at the intersection of a person who is got 234 00:11:38,880 --> 00:11:41,920 Speaker 4: a certain level of education, be a high school, college, 235 00:11:42,200 --> 00:11:45,880 Speaker 4: it could be advanced education, and then the market itself. 236 00:11:46,559 --> 00:11:48,560 Speaker 4: And you're sitting here and you're trying to figure out 237 00:11:48,679 --> 00:11:50,839 Speaker 4: do I go get a job or if I have 238 00:11:50,880 --> 00:11:53,080 Speaker 4: a job, like, what do I then do with my 239 00:11:53,160 --> 00:11:56,480 Speaker 4: extra income, my extra time or these creative endeavors that 240 00:11:56,520 --> 00:11:58,920 Speaker 4: I have in my mind because I don't really know 241 00:11:59,040 --> 00:12:01,719 Speaker 4: how to get this from my brain to final thing, 242 00:12:01,920 --> 00:12:07,560 Speaker 4: you know what I mean. So understanding that dynamic like 243 00:12:08,080 --> 00:12:11,040 Speaker 4: there's a huge gap between I'll give it another way. 244 00:12:11,160 --> 00:12:14,200 Speaker 4: I say that the college took career pipeline is corroded. 245 00:12:15,160 --> 00:12:16,880 Speaker 4: It used to be almost a promise that if you 246 00:12:16,960 --> 00:12:19,200 Speaker 4: went somewhere applied yourself, it was for sure to get 247 00:12:19,240 --> 00:12:19,760 Speaker 4: your job. 248 00:12:20,160 --> 00:12:21,280 Speaker 5: Now that's not the case. 249 00:12:21,960 --> 00:12:24,440 Speaker 4: And if it does get your job, it ain't for 250 00:12:24,440 --> 00:12:26,120 Speaker 4: sure to get you the one in your major or 251 00:12:26,120 --> 00:12:29,800 Speaker 4: in your desire feel to study, or even better, you 252 00:12:29,840 --> 00:12:34,400 Speaker 4: could advance quicker going outside the organization than through the 253 00:12:34,520 --> 00:12:38,280 Speaker 4: organization in some respects because the old way things were done, 254 00:12:38,360 --> 00:12:40,480 Speaker 4: your manager had to walk you through something and you 255 00:12:40,559 --> 00:12:43,640 Speaker 4: go through training. Now I just get on YouTube university 256 00:12:43,760 --> 00:12:45,400 Speaker 4: and I don't have to wait the two weeks to 257 00:12:45,440 --> 00:12:49,120 Speaker 4: get one on one time with my line manager, you know, 258 00:12:49,160 --> 00:12:52,240 Speaker 4: the person directly above me. So what I'm doing is 259 00:12:52,320 --> 00:12:55,880 Speaker 4: taking this information, synthesizing it and saying, hey, whether you 260 00:12:55,960 --> 00:12:59,520 Speaker 4: are again working and you got extra capacity, or whether 261 00:12:59,520 --> 00:13:02,360 Speaker 4: you're right here full time entrepreneur, let's get you further 262 00:13:02,480 --> 00:13:04,599 Speaker 4: faster using all this stuff that I have learned to 263 00:13:04,679 --> 00:13:07,319 Speaker 4: aggregated over the last fifteen years. And that's sort of 264 00:13:07,360 --> 00:13:10,720 Speaker 4: the corner of the Internet that I occupy unfortunately. I 265 00:13:10,800 --> 00:13:14,160 Speaker 4: also occupy that with people who are just extremely charismatic, 266 00:13:14,320 --> 00:13:17,199 Speaker 4: really good at sales, but the thing that they've created 267 00:13:18,160 --> 00:13:20,600 Speaker 4: may not be of substance. They're just playing a marketing 268 00:13:20,640 --> 00:13:24,439 Speaker 4: psychology game. So I'm more of a market than a salesperson. 269 00:13:24,600 --> 00:13:26,880 Speaker 4: I try to study people, see what they need, create 270 00:13:26,920 --> 00:13:29,000 Speaker 4: the thing, and let you know that it's available. But 271 00:13:29,080 --> 00:13:31,400 Speaker 4: I don't have a lot of things after you saying 272 00:13:31,480 --> 00:13:33,680 Speaker 4: not right now or this isn't for me, I don't 273 00:13:33,720 --> 00:13:37,400 Speaker 4: have a bunch of creative ways to overcome those objections. 274 00:13:37,440 --> 00:13:39,560 Speaker 5: I just hope I get it right by doing my research. 275 00:13:40,320 --> 00:13:44,040 Speaker 3: So my question, my next question is like who are 276 00:13:44,080 --> 00:13:48,679 Speaker 3: you specifically speaking to? So here's my personal mission. I've 277 00:13:48,679 --> 00:13:51,040 Speaker 3: talked about on this podcast a couple of times. My 278 00:13:51,160 --> 00:13:55,120 Speaker 3: personal mission is to create content and opportunities for black people, 279 00:13:55,200 --> 00:13:59,160 Speaker 3: black entrepreneurs to help them realize entrepreneurial success beyond their 280 00:13:59,200 --> 00:14:02,920 Speaker 3: wildest dreams. So everything I do is pointed to help 281 00:14:03,040 --> 00:14:06,200 Speaker 3: black people realize entrepreneurial success beyond. 282 00:14:05,840 --> 00:14:06,920 Speaker 2: Their wildest dreams. 283 00:14:07,120 --> 00:14:09,600 Speaker 3: If I were to provide an opportunity for you to say, 284 00:14:09,760 --> 00:14:12,600 Speaker 3: what who's Mondy's speaking to and why is he speaking 285 00:14:12,600 --> 00:14:12,960 Speaker 3: to them? 286 00:14:13,280 --> 00:14:16,559 Speaker 4: What is that mission for you, and it's changed. So 287 00:14:16,559 --> 00:14:17,960 Speaker 4: I'm gonna give you the old and I'll let you 288 00:14:17,960 --> 00:14:21,600 Speaker 4: know where I'm bridging to mine. Wasn't that doubt in 289 00:14:21,800 --> 00:14:24,160 Speaker 4: on a market? It was more so, how do I 290 00:14:24,440 --> 00:14:27,680 Speaker 4: create content that runs around the internet, runs up your 291 00:14:27,680 --> 00:14:29,040 Speaker 4: bank account without. 292 00:14:28,760 --> 00:14:30,840 Speaker 5: Being online all day? Like you don't have to. 293 00:14:30,760 --> 00:14:33,640 Speaker 4: Be glued to your phone if your content and or 294 00:14:33,800 --> 00:14:38,480 Speaker 4: marketing endeavors or working on your behalf. What that led to, though, 295 00:14:38,920 --> 00:14:42,280 Speaker 4: was for most people, what ends up being burnt out? 296 00:14:42,440 --> 00:14:45,680 Speaker 4: Even with my best of intentions, it's so competitive for 297 00:14:45,760 --> 00:14:48,880 Speaker 4: attention that I'm saying post three to five times per 298 00:14:48,960 --> 00:14:52,200 Speaker 4: day not to drag you. I'm saying post three times 299 00:14:52,240 --> 00:14:54,920 Speaker 4: per three to five times per day because you have 300 00:14:55,000 --> 00:14:57,240 Speaker 4: to develop the discipline. And you may be coming from 301 00:14:57,280 --> 00:15:00,400 Speaker 4: a non communication background, like I s read in your story. 302 00:15:00,440 --> 00:15:03,560 Speaker 4: You came from radio, right, so you understand a certain 303 00:15:03,600 --> 00:15:06,440 Speaker 4: level of communication that might that rule may not be 304 00:15:06,520 --> 00:15:08,320 Speaker 4: for you. But if you've been working as a dental 305 00:15:08,400 --> 00:15:11,720 Speaker 4: hygienist who's now an aspire and fashion designer, you've never 306 00:15:11,840 --> 00:15:14,280 Speaker 4: learned how to communicate a message that aspires a person 307 00:15:14,320 --> 00:15:17,040 Speaker 4: to take an action. So I spent the first five 308 00:15:17,120 --> 00:15:19,520 Speaker 4: years of my life trying to talk to that person 309 00:15:19,800 --> 00:15:22,160 Speaker 4: who had a breakdown between how do I say this 310 00:15:22,240 --> 00:15:25,560 Speaker 4: stuff in order to get where I'm going. My next 311 00:15:25,600 --> 00:15:29,080 Speaker 4: phase is talking to the people to say, man, listen, 312 00:15:29,520 --> 00:15:32,320 Speaker 4: I went out and surveyed the land. 313 00:15:32,520 --> 00:15:34,640 Speaker 5: Some things are good, a lot of things aren't. 314 00:15:34,840 --> 00:15:37,040 Speaker 4: You need to build the life that you want first 315 00:15:37,160 --> 00:15:39,720 Speaker 4: and then build a business that's around it. So if 316 00:15:39,720 --> 00:15:42,600 Speaker 4: you say I want to spend more time with my kids, 317 00:15:42,680 --> 00:15:46,200 Speaker 4: or if you say I want to be retired by fifty. 318 00:15:46,160 --> 00:15:48,040 Speaker 5: Right, what is that life you want to live? 319 00:15:48,200 --> 00:15:50,600 Speaker 4: Now, let's get you into a box of what business 320 00:15:50,600 --> 00:15:53,840 Speaker 4: best sitsts. This situates that versus the other way around. 321 00:15:54,080 --> 00:15:56,680 Speaker 4: We never make time for life when we build a 322 00:15:56,760 --> 00:15:59,800 Speaker 4: business first. And I've done my fair share of like 323 00:16:00,560 --> 00:16:03,880 Speaker 4: pushing the grind, although well intentioned, and now I'm in 324 00:16:03,960 --> 00:16:05,800 Speaker 4: a space where I'm trying to talk to the more 325 00:16:05,800 --> 00:16:09,040 Speaker 4: holistic human and entrepreneurship is just a facet of what we. 326 00:16:09,000 --> 00:16:14,960 Speaker 3: Do for someone somebody out there him. I'm talking to me, 327 00:16:16,520 --> 00:16:19,520 Speaker 3: someone out there who you know. I put it this way, 328 00:16:19,600 --> 00:16:22,840 Speaker 3: Gary Vannachuk has this thing, you know, create document don't create, 329 00:16:23,360 --> 00:16:27,720 Speaker 3: And I appreciate that sentiment, and I'm an entrepreneur of 330 00:16:27,720 --> 00:16:30,880 Speaker 3: for businesses and have a personal brand and all these things. 331 00:16:31,520 --> 00:16:33,440 Speaker 3: The majority of my day is sitting in front of 332 00:16:33,480 --> 00:16:37,000 Speaker 3: a computer, the large majority of my day, And I'm like, 333 00:16:37,440 --> 00:16:39,160 Speaker 3: I don't know what to post, Like, sitting in front 334 00:16:39,160 --> 00:16:43,120 Speaker 3: of my computer is not interesting? And how so for 335 00:16:43,200 --> 00:16:45,160 Speaker 3: people who are like, my day is not I don't 336 00:16:45,200 --> 00:16:46,640 Speaker 3: live in New York, I don't live in LA I 337 00:16:46,640 --> 00:16:49,280 Speaker 3: don't live in Chicago. It's not always beautiful and scenic, 338 00:16:49,320 --> 00:16:51,520 Speaker 3: and I don't always have, you know, the vibe like 339 00:16:51,840 --> 00:16:54,360 Speaker 3: it's not always that way. My life doesn't look like that. 340 00:16:55,040 --> 00:16:58,360 Speaker 3: How do I know what to post when I'm constantly saying, no, 341 00:16:58,480 --> 00:16:59,400 Speaker 3: this is not interesting. 342 00:17:00,360 --> 00:17:01,320 Speaker 5: Yep, I love it. 343 00:17:01,400 --> 00:17:03,600 Speaker 4: So I think a couple of different things, and sometimes 344 00:17:03,600 --> 00:17:07,679 Speaker 4: will we just have a we know more people like 345 00:17:07,760 --> 00:17:11,000 Speaker 4: ourselves and they become the folks that were testing these 346 00:17:11,000 --> 00:17:13,359 Speaker 4: concept off, even if we never talk to them. So 347 00:17:13,359 --> 00:17:15,080 Speaker 4: you're looking through your left and your right and you're like, man, 348 00:17:15,119 --> 00:17:18,040 Speaker 4: my brother don't want to watch this. Right, my business 349 00:17:18,080 --> 00:17:20,800 Speaker 4: order don't want to watch this. But on the flip side, 350 00:17:21,200 --> 00:17:24,280 Speaker 4: to that kid, remind me of Toledo, Yeah, Toledo, Ohio. 351 00:17:24,720 --> 00:17:27,480 Speaker 4: Right to that kid in Toledo, who has no idea 352 00:17:27,560 --> 00:17:32,160 Speaker 4: how to leave Toledo and be in one metropolitan city 353 00:17:32,160 --> 00:17:35,280 Speaker 4: one day in another metropolitan city the next day. They 354 00:17:35,320 --> 00:17:37,439 Speaker 4: don't know what that looks like. How do you how 355 00:17:37,480 --> 00:17:40,160 Speaker 4: do you juggle time zones? How do you manage your calendar? 356 00:17:40,480 --> 00:17:45,880 Speaker 4: How do you review somebody's business presentation and also send 357 00:17:45,960 --> 00:17:46,960 Speaker 4: one over to somebody? 358 00:17:47,040 --> 00:17:47,200 Speaker 5: Right? 359 00:17:47,240 --> 00:17:50,200 Speaker 4: They don't know. So I think there's a literal form 360 00:17:50,200 --> 00:17:53,480 Speaker 4: of document and or capture what you're doing. But then 361 00:17:53,480 --> 00:17:55,800 Speaker 4: there's another piece that says, what if I were to 362 00:17:55,840 --> 00:17:59,440 Speaker 4: block out my schedule for the next week and say 363 00:17:59,440 --> 00:18:01,240 Speaker 4: what are the three critical things that I'm gonna get 364 00:18:01,440 --> 00:18:04,000 Speaker 4: I'm gonna get done that if a person wants to 365 00:18:04,040 --> 00:18:06,640 Speaker 4: walk a similar walk, and what are the sub steps? 366 00:18:06,920 --> 00:18:09,360 Speaker 4: So how do you get booked to speak in front 367 00:18:09,400 --> 00:18:11,800 Speaker 4: of twenty thousand people? And then what does it look 368 00:18:11,960 --> 00:18:15,080 Speaker 4: like from multiple vantage points? Camera behind you seeing what 369 00:18:15,119 --> 00:18:18,000 Speaker 4: you see, camera in front of you, seeing what they see, 370 00:18:18,320 --> 00:18:20,720 Speaker 4: and merging that story to say this is Will when 371 00:18:20,760 --> 00:18:23,600 Speaker 4: he's at investmentest or this is me when I'm interviewing 372 00:18:23,640 --> 00:18:27,280 Speaker 4: three people for my podcast. So I think, don't sell 373 00:18:27,320 --> 00:18:30,800 Speaker 4: yourself short that your peer might not want to see 374 00:18:30,840 --> 00:18:33,360 Speaker 4: it right. But the person aspiring or the person that's 375 00:18:33,359 --> 00:18:35,760 Speaker 4: saying I don't even know how I get on these platforms, 376 00:18:35,960 --> 00:18:37,879 Speaker 4: they may want to love to hear the backstory of 377 00:18:37,880 --> 00:18:40,679 Speaker 4: how they end up being able to be interviewed by you. 378 00:18:40,800 --> 00:18:43,320 Speaker 5: So I think those things are critical. 379 00:18:43,480 --> 00:18:46,840 Speaker 4: I'd also push and say for the next phase of it, 380 00:18:47,080 --> 00:18:48,320 Speaker 4: and this is we just got old. 381 00:18:48,440 --> 00:18:50,560 Speaker 5: But again, if you got kids, needces a nephew. 382 00:18:51,320 --> 00:18:54,600 Speaker 4: They been watching YouTube of kids playing games and making 383 00:18:54,720 --> 00:18:57,119 Speaker 4: slime and doing things that we didn't do growing up. 384 00:18:57,640 --> 00:18:58,240 Speaker 5: I wanted to. 385 00:18:58,160 --> 00:19:01,000 Speaker 4: Play baseball and not watch people play it right, and 386 00:19:01,080 --> 00:19:04,639 Speaker 4: so that level of voyeurism. But from a positive side, 387 00:19:04,720 --> 00:19:07,960 Speaker 4: I think that's only going to become more intensive over 388 00:19:08,000 --> 00:19:10,320 Speaker 4: the next few years. So don't sell short that it 389 00:19:10,400 --> 00:19:12,440 Speaker 4: might be helpful to just set up a streaming camera 390 00:19:12,720 --> 00:19:14,680 Speaker 4: and then come back on the editing side and show 391 00:19:14,720 --> 00:19:16,399 Speaker 4: what it looks like to put in eight hours of 392 00:19:16,480 --> 00:19:17,080 Speaker 4: focus work. 393 00:19:17,640 --> 00:19:18,800 Speaker 2: That's super good. 394 00:19:19,960 --> 00:19:23,840 Speaker 3: So I don't believe tech companies particularly love me, and 395 00:19:23,880 --> 00:19:26,480 Speaker 3: I mean just in general US US. They don't love 396 00:19:26,560 --> 00:19:29,880 Speaker 3: us to create things, to create, you know, opportunity for them. 397 00:19:30,240 --> 00:19:32,560 Speaker 3: And so here's what I mean by that. More specifically, 398 00:19:32,640 --> 00:19:35,480 Speaker 3: I remember when we opened toll House here. Toe House 399 00:19:35,560 --> 00:19:37,639 Speaker 3: is a private social club that we own that I 400 00:19:37,680 --> 00:19:41,200 Speaker 3: own myself and my wife obviously black owned because I'm black. 401 00:19:41,720 --> 00:19:44,320 Speaker 3: And I remember when we signed up for Google to 402 00:19:44,359 --> 00:19:46,719 Speaker 3: be on Google Business, I remember getting things in the 403 00:19:46,760 --> 00:19:48,840 Speaker 3: mail that said, you know, if you're black owned business, 404 00:19:48,880 --> 00:19:52,240 Speaker 3: add that to your Google profile. And I'm like, I'm 405 00:19:52,240 --> 00:19:54,399 Speaker 3: not going to do that, and so I never added 406 00:19:54,440 --> 00:19:57,680 Speaker 3: it to my Google profile. And then I remember as 407 00:19:57,760 --> 00:19:59,920 Speaker 3: time goes on the coffee house, we have a coffee house. 408 00:19:59,720 --> 00:20:01,960 Speaker 2: Here and we're the number. 409 00:20:02,080 --> 00:20:05,040 Speaker 3: So if you google Intoledo coffee houses coffee shops, we 410 00:20:05,119 --> 00:20:09,679 Speaker 3: show up first. And my conspiracy, my ten hat person, 411 00:20:09,960 --> 00:20:12,320 Speaker 3: my my Alex Jones, where it says like if I 412 00:20:12,320 --> 00:20:14,199 Speaker 3: if I had black owned on there, I wouldn't be 413 00:20:14,200 --> 00:20:17,960 Speaker 3: showing up number one. And so my question is this 414 00:20:18,560 --> 00:20:22,160 Speaker 3: is for black founders, small business owners. And I'm not 415 00:20:22,240 --> 00:20:24,560 Speaker 3: asking you to agree with that statement. That's just another 416 00:20:24,640 --> 00:20:28,639 Speaker 3: conspiracy thing that I believe is what unique challenges do 417 00:20:28,760 --> 00:20:31,320 Speaker 3: we have when we're trying to grow online? 418 00:20:35,480 --> 00:20:37,520 Speaker 4: Man, we got a lot of them, right, And so 419 00:20:37,720 --> 00:20:41,679 Speaker 4: I would say if we break it down into let's 420 00:20:41,680 --> 00:20:46,200 Speaker 4: call it the business strategy side. So getting the right idea, 421 00:20:46,560 --> 00:20:51,000 Speaker 4: getting the right business model. All those things, then if 422 00:20:51,000 --> 00:20:53,600 Speaker 4: we get into the management and scale part and then 423 00:20:53,640 --> 00:20:58,000 Speaker 4: probably pure financials, we got issues and opportunities in all three. 424 00:20:58,880 --> 00:21:01,600 Speaker 4: Number one being how do I start the right business? 425 00:21:02,080 --> 00:21:04,720 Speaker 4: A lot of us are starting businesses with load to 426 00:21:04,840 --> 00:21:08,200 Speaker 4: no barrier to entry, which in some respects is all 427 00:21:08,280 --> 00:21:12,120 Speaker 4: upside because you don't have to invest a lot to 428 00:21:12,160 --> 00:21:16,280 Speaker 4: get proof of concept. In other respects, you're literally moving 429 00:21:16,359 --> 00:21:19,280 Speaker 4: into a dead end street. Like people have went into 430 00:21:19,320 --> 00:21:22,439 Speaker 4: these industries determined that the market isn't as big or 431 00:21:22,480 --> 00:21:25,679 Speaker 4: isn't as viable, which is why it is low to 432 00:21:25,800 --> 00:21:28,440 Speaker 4: no barriers to entry and so to no thought of 433 00:21:28,480 --> 00:21:32,280 Speaker 4: your own more so ignorance. You're starting something that doesn't 434 00:21:32,320 --> 00:21:34,120 Speaker 4: make a lot of sense at scale. 435 00:21:34,480 --> 00:21:35,840 Speaker 5: Right, So that first. 436 00:21:35,600 --> 00:21:39,840 Speaker 4: Part could be covered through coaching and mentorship, assuming that 437 00:21:39,880 --> 00:21:41,040 Speaker 4: we can remove the. 438 00:21:43,200 --> 00:21:46,120 Speaker 5: Sort of like the praying of people that happens over there. 439 00:21:46,720 --> 00:21:49,359 Speaker 4: The second phase, which is how do we manage, run 440 00:21:49,359 --> 00:21:52,199 Speaker 4: and scale, and it's connected to the third phase. This 441 00:21:52,280 --> 00:21:56,320 Speaker 4: one is one of our hardest challenges because it's expensive 442 00:21:56,359 --> 00:22:00,679 Speaker 4: to go out and grab and retain top talent, but 443 00:22:00,720 --> 00:22:03,199 Speaker 4: it's even more expensive to try to run a business 444 00:22:03,200 --> 00:22:06,199 Speaker 4: without top talent, and so you end up where you 445 00:22:06,240 --> 00:22:11,119 Speaker 4: typically have very strong founders who are working way more 446 00:22:11,960 --> 00:22:17,040 Speaker 4: lateral across the business to overcompensate for the mid to 447 00:22:17,080 --> 00:22:19,720 Speaker 4: lower management that just doesn't have the chops or don't 448 00:22:19,720 --> 00:22:22,439 Speaker 4: have the resources because we don't have the money to 449 00:22:22,480 --> 00:22:24,359 Speaker 4: go out and recruit and go out and do what 450 00:22:24,400 --> 00:22:26,720 Speaker 4: some of these big companies do. And that's why I 451 00:22:26,760 --> 00:22:29,520 Speaker 4: say it's connected to the third piece. We typically see 452 00:22:29,520 --> 00:22:32,560 Speaker 4: what it's like to get starting funding, seed funding, some 453 00:22:32,600 --> 00:22:35,320 Speaker 4: of the preliminary investment money, but we don't see what 454 00:22:35,359 --> 00:22:38,639 Speaker 4: it's like to get continuous money for growth. And some 455 00:22:38,760 --> 00:22:41,520 Speaker 4: of our favorite companies they were able to run in 456 00:22:41,520 --> 00:22:44,040 Speaker 4: the red for five, seven, ten, twelve years. 457 00:22:44,359 --> 00:22:45,400 Speaker 5: Will if we came up. 458 00:22:45,280 --> 00:22:47,080 Speaker 4: With a business right now and the person saying pay 459 00:22:47,119 --> 00:22:49,200 Speaker 4: us back in ten years, I think we can figure. 460 00:22:48,960 --> 00:22:50,680 Speaker 5: It out, you know what I mean? 461 00:22:50,840 --> 00:22:53,480 Speaker 4: And who's going to give you money after you haven't 462 00:22:53,520 --> 00:22:56,440 Speaker 4: paid back the first set of people because they still 463 00:22:56,440 --> 00:22:58,520 Speaker 4: see the vision and you could be like any five 464 00:22:58,600 --> 00:23:00,680 Speaker 4: more years, you know what I mean? 465 00:23:01,040 --> 00:23:03,000 Speaker 5: Because when you do that, it's move lines it out. 466 00:23:03,000 --> 00:23:05,160 Speaker 4: It makes up for some of the innovations that don't 467 00:23:05,280 --> 00:23:08,359 Speaker 4: do well or some of the mismanagement and mishaps, or 468 00:23:08,359 --> 00:23:10,879 Speaker 4: for us, we got to turn a profit so quick, 469 00:23:11,720 --> 00:23:14,160 Speaker 4: right a person you get money from a black person, 470 00:23:14,200 --> 00:23:15,240 Speaker 4: they want to know how. 471 00:23:15,080 --> 00:23:20,240 Speaker 5: Fast do I get my money back? And God forbid. 472 00:23:20,280 --> 00:23:23,879 Speaker 4: You're working in a business that has to hold strong catch. 473 00:23:24,000 --> 00:23:28,320 Speaker 4: So if you've got high amount of plant, property, equipment, 474 00:23:28,480 --> 00:23:31,840 Speaker 4: or inventory where things where your business may be strong, 475 00:23:31,920 --> 00:23:34,040 Speaker 4: but a lot of it is just tied up in 476 00:23:34,400 --> 00:23:37,359 Speaker 4: working capital, we tend to struggle. And so then we 477 00:23:37,400 --> 00:23:39,520 Speaker 4: go back to stage one and say, can I start 478 00:23:39,520 --> 00:23:43,240 Speaker 4: a different type of business that doesn't have those downstream issues, 479 00:23:43,600 --> 00:23:45,760 Speaker 4: and then we end up ballooning where all of us 480 00:23:45,760 --> 00:23:47,440 Speaker 4: are just consultants for each other. 481 00:23:50,520 --> 00:23:53,600 Speaker 3: A lot of your content I've enjoyed because you you 482 00:23:54,200 --> 00:23:57,080 Speaker 3: spit game, you know, like nobody's business. But you also 483 00:23:57,119 --> 00:23:58,880 Speaker 3: show a little bit of your personal side. You're into, 484 00:23:58,960 --> 00:24:01,159 Speaker 3: you have different hobbies, which I enjoy it seeing that 485 00:24:01,320 --> 00:24:04,440 Speaker 3: side of you also. But at the end of the day, 486 00:24:04,520 --> 00:24:07,080 Speaker 3: I imagine you could probably have a private account if 487 00:24:07,080 --> 00:24:10,240 Speaker 3: you weren't trying to drive business, because what's the point Otherwise, 488 00:24:12,359 --> 00:24:18,080 Speaker 3: how would you recommend people who have small businesses treat 489 00:24:18,520 --> 00:24:22,399 Speaker 3: their content. Whether I'm trying to you know, sell things 490 00:24:23,000 --> 00:24:26,520 Speaker 3: or just you know, create things that get me in 491 00:24:26,720 --> 00:24:30,720 Speaker 3: the news feed that the things that I'm trying to 492 00:24:30,720 --> 00:24:32,280 Speaker 3: sell these I'm probably won't get me a new feed 493 00:24:32,320 --> 00:24:37,640 Speaker 3: probably yep yep. So I think and you I don't 494 00:24:37,680 --> 00:24:40,040 Speaker 3: even know like you, I can't explain to LA you 495 00:24:40,119 --> 00:24:42,200 Speaker 3: just threw me because it goes back to the origin 496 00:24:42,240 --> 00:24:44,879 Speaker 3: of where we started, which I'll call the new social 497 00:24:44,920 --> 00:24:47,800 Speaker 3: media versus the old and I haven't said this live 498 00:24:47,880 --> 00:24:52,280 Speaker 3: anywhere yet. We'd be better off treating all of social 499 00:24:52,320 --> 00:24:56,879 Speaker 3: media just like awareness and not trying to convert anymore 500 00:24:56,880 --> 00:24:59,439 Speaker 3: at this point, like there will be some conversions that 501 00:24:59,520 --> 00:25:03,320 Speaker 3: take place, but what if you triple your effort on awareness. 502 00:25:03,640 --> 00:25:06,080 Speaker 3: You need to also have a product or service that 503 00:25:06,200 --> 00:25:09,360 Speaker 3: isn't tied to geographic boundaries. So a lot of brick 504 00:25:09,440 --> 00:25:12,840 Speaker 3: and mortal struggle struggles because you can't control where this 505 00:25:12,960 --> 00:25:16,000 Speaker 3: content spills out once it lands and does well. So 506 00:25:16,640 --> 00:25:18,320 Speaker 3: even if you have a restaurant, you better have a 507 00:25:18,359 --> 00:25:22,840 Speaker 3: recipe book, you better have some seasonings, something that you 508 00:25:22,920 --> 00:25:27,160 Speaker 3: can port and sell because the content knows no geographic bounds. Right, 509 00:25:27,200 --> 00:25:30,879 Speaker 3: So I would say, uh, those that have a service 510 00:25:30,920 --> 00:25:33,400 Speaker 3: based business or the ability ship products they can win 511 00:25:34,200 --> 00:25:35,520 Speaker 3: a disproportionate amount of. 512 00:25:35,520 --> 00:25:36,520 Speaker 5: It from there. 513 00:25:36,720 --> 00:25:40,240 Speaker 4: Now, let's stay top of mind, top of like top 514 00:25:40,320 --> 00:25:43,720 Speaker 4: of funnel content and look at doing the traditional old 515 00:25:43,760 --> 00:25:47,040 Speaker 4: things like text message marketing, email marketing into a degree 516 00:25:47,080 --> 00:25:50,000 Speaker 4: DM marketing to get to that middleman at middle and 517 00:25:50,080 --> 00:25:50,760 Speaker 4: bottom funnel. 518 00:25:51,119 --> 00:25:52,439 Speaker 5: So I think about the. 519 00:25:53,000 --> 00:25:56,399 Speaker 4: Phases of awareness and create content around that. So a 520 00:25:56,440 --> 00:26:00,280 Speaker 4: person who is not problem aware, I mean, and they 521 00:26:00,320 --> 00:26:03,159 Speaker 4: don't even know that something's wrong all the way to 522 00:26:03,200 --> 00:26:05,520 Speaker 4: a person who is problem aware, but they're just sort 523 00:26:05,560 --> 00:26:07,359 Speaker 4: of trying to make a decision on who. 524 00:26:07,240 --> 00:26:08,800 Speaker 5: To buy from. 525 00:26:09,040 --> 00:26:11,879 Speaker 4: I tell a person who was starting today, put a 526 00:26:11,960 --> 00:26:14,600 Speaker 4: disproportion in seventy, if not eighty percent of your content 527 00:26:14,640 --> 00:26:17,119 Speaker 4: needs to be top of funnel focus. And then you 528 00:26:17,280 --> 00:26:21,000 Speaker 4: need to convert them off of social which is counter 529 00:26:21,119 --> 00:26:22,680 Speaker 4: to what I've been saying for the last five to 530 00:26:22,760 --> 00:26:23,480 Speaker 4: seven years. 531 00:26:23,960 --> 00:26:25,400 Speaker 5: And that's that is. 532 00:26:25,440 --> 00:26:28,080 Speaker 4: One hundred percent based on looking at the algorithm change. 533 00:26:28,320 --> 00:26:30,960 Speaker 4: So when I look at my most recent nine posts, 534 00:26:31,359 --> 00:26:34,639 Speaker 4: sixty sixty five percent of them are landing on strangers. 535 00:26:35,280 --> 00:26:38,000 Speaker 4: Great for reach, horrible for conversion. 536 00:26:39,880 --> 00:26:43,480 Speaker 3: For people who own businesses that aren't necessarily sexy. Let's 537 00:26:43,520 --> 00:26:46,480 Speaker 3: say I got a carpet cleaning business, or I'm a 538 00:26:46,880 --> 00:26:49,320 Speaker 3: big company. I'm We're doing hundreds of millions and we 539 00:26:49,400 --> 00:26:52,800 Speaker 3: have you know, just non sexy whatever, pick your non 540 00:26:52,880 --> 00:26:56,600 Speaker 3: sexy category. If they want to go create an Instagram, 541 00:26:56,640 --> 00:27:00,639 Speaker 3: take tire account. My thought is, okay, why would I 542 00:27:00,640 --> 00:27:04,320 Speaker 3: want to follow you? So you have a corporate background 543 00:27:04,600 --> 00:27:07,960 Speaker 3: and you're now at this company, you know, Joe's, you know, 544 00:27:09,320 --> 00:27:14,960 Speaker 3: metal Bending fact fabrication place, You're now the CMO. You're 545 00:27:15,040 --> 00:27:18,480 Speaker 3: gonna can you give him a social strategy? What is 546 00:27:18,560 --> 00:27:20,800 Speaker 3: Maty thinking in that capacity? 547 00:27:21,240 --> 00:27:25,200 Speaker 5: Yeah? I love it. I think we're seeing it happen. 548 00:27:26,040 --> 00:27:29,920 Speaker 4: Founder led stories is probably how I would attack those 549 00:27:29,960 --> 00:27:32,159 Speaker 4: type of businesses. So I'm mighty, and I'm on the 550 00:27:32,240 --> 00:27:36,159 Speaker 4: journey to build Mady's metal bending company. It's less about 551 00:27:36,200 --> 00:27:38,840 Speaker 4: here's how you fabricate metals and here's how hot the 552 00:27:39,320 --> 00:27:43,440 Speaker 4: the fire needs to get, because that ain't to your point. 553 00:27:43,440 --> 00:27:46,600 Speaker 4: I'm not following that, but the journeys of ups and downs. 554 00:27:46,600 --> 00:27:48,360 Speaker 4: A mighty doing this, And I'm going to go look 555 00:27:48,359 --> 00:27:49,879 Speaker 4: for a building and I'm putting in a bid and 556 00:27:49,920 --> 00:27:52,800 Speaker 4: I got out bed and I'm gonna stay prayer for 557 00:27:52,880 --> 00:27:57,520 Speaker 4: and I'm using my brothers wood shock to those stories. 558 00:27:57,760 --> 00:28:00,399 Speaker 4: The brand story, the story of the person and or 559 00:28:00,480 --> 00:28:03,199 Speaker 4: people building it is how I will win over the 560 00:28:03,200 --> 00:28:06,359 Speaker 4: hearts and minds of people. And I just supplement that 561 00:28:06,440 --> 00:28:08,960 Speaker 4: we actually are really, really good at what we do 562 00:28:09,480 --> 00:28:11,760 Speaker 4: in the backdrop of the story. So I would say 563 00:28:11,760 --> 00:28:14,920 Speaker 4: it's less about showing the metal or the glass cleaning 564 00:28:15,000 --> 00:28:18,840 Speaker 4: or the grass cutting, and more about the character of 565 00:28:18,880 --> 00:28:22,600 Speaker 4: the person that's doing this and taking people on those journeys. Now, 566 00:28:22,800 --> 00:28:25,960 Speaker 4: what I would for non sexy businesses, and I don't 567 00:28:25,960 --> 00:28:29,480 Speaker 4: want to leave my people who have brick and mortar isolated, 568 00:28:30,000 --> 00:28:33,840 Speaker 4: I would augment their stuff with paid because you can 569 00:28:33,880 --> 00:28:37,800 Speaker 4: get very targeted to a group of people within geographic boundaries, 570 00:28:38,200 --> 00:28:40,160 Speaker 4: and that would be a stronger way for them to 571 00:28:40,160 --> 00:28:43,440 Speaker 4: grow on social than to play the traditional organic game 572 00:28:43,520 --> 00:28:46,080 Speaker 4: to where it spills out into anybody. We can draw 573 00:28:46,480 --> 00:28:49,480 Speaker 4: a fence, a digital fence around one hundred miles around 574 00:28:49,560 --> 00:28:52,960 Speaker 4: Toledo with people who got various interests, and then we 575 00:28:53,000 --> 00:28:54,960 Speaker 4: can set up a set of rules if they've seen 576 00:28:54,960 --> 00:28:57,440 Speaker 4: this piece of content, show them that piece of content, 577 00:28:57,800 --> 00:28:59,840 Speaker 4: and subsequent sort of strategies from there. 578 00:29:01,240 --> 00:29:06,080 Speaker 3: For folks who like when we were talking about my 579 00:29:06,200 --> 00:29:08,720 Speaker 3: personal mission, which is, you know, black entrepreneurs help them 580 00:29:08,880 --> 00:29:11,240 Speaker 3: create business beyond their wides streams. You said you think 581 00:29:11,240 --> 00:29:15,400 Speaker 3: about yours your efforts differently. We're often taught you know, 582 00:29:15,560 --> 00:29:17,400 Speaker 3: you got to think about who is my niche, who 583 00:29:17,440 --> 00:29:20,560 Speaker 3: is my target audience, and focus your thing talking to 584 00:29:20,640 --> 00:29:22,680 Speaker 3: that person, build an avatar of what they look like, 585 00:29:22,720 --> 00:29:24,520 Speaker 3: what do they what do they eat for breakfast this morning? 586 00:29:24,600 --> 00:29:28,520 Speaker 3: All these things for should we be thinking the same 587 00:29:28,520 --> 00:29:31,960 Speaker 3: way about our presence on social like who am I 588 00:29:32,000 --> 00:29:32,520 Speaker 3: posting to? 589 00:29:32,600 --> 00:29:34,360 Speaker 2: Who am I talking to? Every time I post? 590 00:29:35,440 --> 00:29:38,680 Speaker 4: For sure, absolutely, I think it will help. It will 591 00:29:38,760 --> 00:29:41,320 Speaker 4: help drive that content. Now let's go back real quick, 592 00:29:41,360 --> 00:29:43,880 Speaker 4: because I got to do it for the listeners. When 593 00:29:43,960 --> 00:29:49,320 Speaker 4: we get into targeting, targeting follows segmentation. Segmentation is just 594 00:29:49,360 --> 00:29:51,680 Speaker 4: a fancy way of saying, how do I organize these 595 00:29:51,720 --> 00:29:53,200 Speaker 4: people in the meaningful groups? 596 00:29:53,640 --> 00:29:55,760 Speaker 5: And typically we have a love affair. 597 00:29:55,520 --> 00:30:01,000 Speaker 4: With demographic segmentation, age, sex, maryland status, income. We typically 598 00:30:01,120 --> 00:30:06,560 Speaker 4: inadvertently neglect behavioral and psychographic or what lifestyle and what 599 00:30:06,600 --> 00:30:08,720 Speaker 4: phase in their life may they be in. So I'm 600 00:30:08,760 --> 00:30:12,200 Speaker 4: aware that my new positioning is going to isolate a 601 00:30:12,320 --> 00:30:15,480 Speaker 4: disproportionate amount of entrepreneurs because they like Mady, I ain't 602 00:30:15,520 --> 00:30:17,680 Speaker 4: got enough money yet to be self caring. I ain't 603 00:30:17,680 --> 00:30:20,400 Speaker 4: got enough money yet to be dreaming enough my life. 604 00:30:20,440 --> 00:30:23,120 Speaker 4: I'm fighting for my life right. But as I move 605 00:30:23,160 --> 00:30:26,760 Speaker 4: into a different space of being okay with the fact 606 00:30:26,760 --> 00:30:29,360 Speaker 4: that I'm leading leaders and serving people who are already 607 00:30:29,400 --> 00:30:33,040 Speaker 4: serving people, That's where I'm evolving to and I got 608 00:30:33,040 --> 00:30:35,000 Speaker 4: to make space for the next person that can coach 609 00:30:35,040 --> 00:30:37,520 Speaker 4: you on day to day content. But I'm more so like, 610 00:30:37,840 --> 00:30:40,120 Speaker 4: how do we help We'll accelerate this mission because you 611 00:30:40,120 --> 00:30:43,239 Speaker 4: can hear a one hundred million people with the airways. Now, 612 00:30:43,320 --> 00:30:45,800 Speaker 4: let's if I help you. You get what I'm saying, 613 00:30:45,800 --> 00:30:49,240 Speaker 4: but I off the listeners. So the first part is 614 00:30:49,280 --> 00:30:53,240 Speaker 4: thinking about segmentation broadly and making sure we then prioritize 615 00:30:53,240 --> 00:30:55,640 Speaker 4: it the right way. The analogy I give in don't 616 00:30:55,680 --> 00:30:57,240 Speaker 4: let me lose the back end of the question. Will 617 00:30:57,560 --> 00:30:59,400 Speaker 4: When you go to shop, there are some people who 618 00:30:59,480 --> 00:31:01,600 Speaker 4: go Onlinelet's say you're looking for a black hoodie. Some 619 00:31:01,640 --> 00:31:04,200 Speaker 4: people go to their favorite website and just type black hoodie. 620 00:31:04,400 --> 00:31:07,400 Speaker 4: Other people follow the clicks. They go to mail, they 621 00:31:07,440 --> 00:31:10,760 Speaker 4: go black, they go hoodie, they go two x right, 622 00:31:11,160 --> 00:31:13,360 Speaker 4: So it's that same thing. You got to figure out 623 00:31:13,400 --> 00:31:16,520 Speaker 4: the best order of operations for you, and then that 624 00:31:16,640 --> 00:31:20,080 Speaker 4: informs who we're making the content for. So as you 625 00:31:20,160 --> 00:31:22,560 Speaker 4: see the next sort of twelve to eighteen months unfold 626 00:31:22,640 --> 00:31:24,920 Speaker 4: for me, as I'm talking more to the person that 627 00:31:25,160 --> 00:31:27,880 Speaker 4: wants to build their life and then the business falls it, 628 00:31:28,360 --> 00:31:31,360 Speaker 4: you'll see me showing my life that way, so part 629 00:31:31,360 --> 00:31:34,040 Speaker 4: of me showing the hobby, or you'll see me showing 630 00:31:34,040 --> 00:31:36,720 Speaker 4: the leadership team meetings. You'll see me not working, but 631 00:31:36,840 --> 00:31:40,360 Speaker 4: the business still doing well. Well, how are you doing this? Oh, 632 00:31:40,400 --> 00:31:43,920 Speaker 4: we've designed the company this way, and I want to 633 00:31:43,960 --> 00:31:46,240 Speaker 4: attract the people that are saying I desire to spend 634 00:31:46,240 --> 00:31:48,240 Speaker 4: more time doing things other than working. 635 00:31:48,680 --> 00:31:50,760 Speaker 5: It seems like it's working for you. Tell me more. 636 00:31:51,640 --> 00:31:55,200 Speaker 3: That's a perfect segue to my next thought. Here is 637 00:31:55,200 --> 00:31:58,640 Speaker 3: because you know, when I was just getting deep into 638 00:31:58,680 --> 00:32:01,120 Speaker 3: social you know, we heard a lot about and I 639 00:32:01,120 --> 00:32:02,960 Speaker 3: won't like talk about who the names are that said, 640 00:32:03,000 --> 00:32:04,680 Speaker 3: because it might have been true with the time is 641 00:32:04,720 --> 00:32:08,080 Speaker 3: you know you should be more narrowly focused because when 642 00:32:08,080 --> 00:32:09,719 Speaker 3: people click on your profile, they want to know what 643 00:32:09,760 --> 00:32:12,280 Speaker 3: are you about? But if you all over the place, 644 00:32:12,360 --> 00:32:14,080 Speaker 3: they don't know where to put you. And people and 645 00:32:14,080 --> 00:32:15,840 Speaker 3: not thinking it's deeply about you as you might think 646 00:32:15,880 --> 00:32:19,000 Speaker 3: they're thinking about you. And so what I appreciate about 647 00:32:19,040 --> 00:32:20,760 Speaker 3: a lot of your content? And now I can see 648 00:32:20,840 --> 00:32:23,880 Speaker 3: my you know, bird watching and taking photos of birds, 649 00:32:23,920 --> 00:32:26,800 Speaker 3: and who knew. The older I get, the more interested 650 00:32:26,840 --> 00:32:29,280 Speaker 3: I am in my bird feeder is full because I'm actually. 651 00:32:28,960 --> 00:32:32,240 Speaker 2: Watching it now, which is why I'm like. 652 00:32:32,120 --> 00:32:33,880 Speaker 3: Oh man, they've been out of food. I gotta go 653 00:32:34,000 --> 00:32:35,920 Speaker 3: get the loans real quick and get them some bird food. 654 00:32:36,920 --> 00:32:39,880 Speaker 3: So my question here is for somebody who has a 655 00:32:39,880 --> 00:32:43,440 Speaker 3: lot of interests, even entrepreneurial interests. I have four businesses 656 00:32:43,440 --> 00:32:45,600 Speaker 3: even so it's even if it's not just hobbies. But 657 00:32:45,640 --> 00:32:50,280 Speaker 3: if I got several businesses, or it's several hobbies and businesses, 658 00:32:50,640 --> 00:32:53,960 Speaker 3: how do I still define myself quickly to somebody who's 659 00:32:53,960 --> 00:32:55,400 Speaker 3: not spending ten minutes on my profile. 660 00:32:55,440 --> 00:32:57,200 Speaker 2: They just clicking through and said is it interesting? 661 00:32:57,280 --> 00:32:59,000 Speaker 5: Or is he not? Man? 662 00:32:59,280 --> 00:33:03,080 Speaker 4: So bro, there's a lot of sub questions inside of this. 663 00:33:03,200 --> 00:33:04,840 Speaker 4: So again I'm gonna start, and it helped me if 664 00:33:04,880 --> 00:33:08,160 Speaker 4: I drift off. The first thing is they were absolutely 665 00:33:08,200 --> 00:33:11,400 Speaker 4: spot on, and they're still spot on as it relates 666 00:33:11,400 --> 00:33:13,640 Speaker 4: to your social strategy. 667 00:33:13,720 --> 00:33:14,560 Speaker 5: And the niche. 668 00:33:14,800 --> 00:33:18,880 Speaker 4: I think if you want to maximize reach and or 669 00:33:18,960 --> 00:33:22,680 Speaker 4: let's say game the system maximize the greatest return on 670 00:33:22,800 --> 00:33:26,360 Speaker 4: social the tighter the focus, the quicker it is for 671 00:33:26,400 --> 00:33:28,840 Speaker 4: the algorithm to understand who you are, what you talk about, 672 00:33:29,120 --> 00:33:33,480 Speaker 4: and distribute it to people with similar interests. However, it 673 00:33:33,520 --> 00:33:37,560 Speaker 4: doesn't necessarily account for how we purchase. We don't just 674 00:33:37,720 --> 00:33:42,000 Speaker 4: buy linearly, and so there is this dynamic between how 675 00:33:42,000 --> 00:33:46,240 Speaker 4: do I stay tightly wound to one niche versus give 676 00:33:46,360 --> 00:33:48,640 Speaker 4: more of who I am? Right, if a person was 677 00:33:48,680 --> 00:33:51,080 Speaker 4: starting with zero followers today, I would not tell them 678 00:33:51,080 --> 00:33:53,880 Speaker 4: to do the strategy that I'm using. But if a 679 00:33:53,920 --> 00:33:55,880 Speaker 4: person is at a spot where their life or their 680 00:33:55,920 --> 00:33:59,080 Speaker 4: business has matured, then yeah, they can move into a 681 00:33:59,120 --> 00:34:02,200 Speaker 4: broader strategy. So that would be my first answer. The 682 00:34:02,240 --> 00:34:05,640 Speaker 4: second thing is, and this is the tough part, if 683 00:34:05,680 --> 00:34:09,480 Speaker 4: you have multiple interests, you can either treat your You're 684 00:34:09,520 --> 00:34:13,320 Speaker 4: probably still gonna need multiple pages, and you just decide, 685 00:34:13,400 --> 00:34:16,279 Speaker 4: am I gonna treat my main page like the river 686 00:34:16,360 --> 00:34:19,200 Speaker 4: that pours into the others? And so again, over the 687 00:34:19,239 --> 00:34:22,480 Speaker 4: next sort of year to year and a half, you'll 688 00:34:22,480 --> 00:34:25,319 Speaker 4: see me doing that. Mady, what are the person is 689 00:34:25,520 --> 00:34:29,360 Speaker 4: entirely too dynamic to be placed into one box. 690 00:34:29,800 --> 00:34:31,840 Speaker 5: But I got some feeder pages that I built. 691 00:34:32,280 --> 00:34:34,640 Speaker 4: So if you want to get really surgical on content, 692 00:34:34,719 --> 00:34:37,480 Speaker 4: what light we use, what mike, what editing technique, They'll 693 00:34:37,520 --> 00:34:39,400 Speaker 4: be a page and that's all it teaches. 694 00:34:39,560 --> 00:34:42,439 Speaker 5: Wow, if you like what is this hobby, this bird 695 00:34:42,560 --> 00:34:46,640 Speaker 5: journey talk about? You want to go talk about bay 696 00:34:46,640 --> 00:34:47,799 Speaker 5: breasted warblers? 697 00:34:47,840 --> 00:34:50,839 Speaker 4: I got you over there, And my main page will 698 00:34:50,880 --> 00:34:52,759 Speaker 4: sort of be more of a switchboard and more of 699 00:34:52,800 --> 00:34:55,719 Speaker 4: a just sort of who this person holistically, But that's 700 00:34:55,760 --> 00:34:59,000 Speaker 4: also gonna come at the expense of some of that 701 00:34:59,080 --> 00:35:01,520 Speaker 4: growth that if you were to just stay laser focused. 702 00:35:01,719 --> 00:35:02,759 Speaker 4: And I'm okay with that. 703 00:35:03,320 --> 00:35:05,279 Speaker 3: Yeah, that that last point I want to go in 704 00:35:05,320 --> 00:35:09,040 Speaker 3: there because even if it's not even if it's bifurcated 705 00:35:09,120 --> 00:35:13,080 Speaker 3: on one platform, let's say it's not bifurcated one but 706 00:35:13,160 --> 00:35:14,959 Speaker 3: let's say, now I gotta manage Instagram. Now I gotta 707 00:35:14,960 --> 00:35:17,440 Speaker 3: minuge TikTok. Now I gotta manage Facebook still, which is 708 00:35:17,480 --> 00:35:20,480 Speaker 3: still a behemoth, even though the kid still a behemoth 709 00:35:21,200 --> 00:35:23,400 Speaker 3: and all these other things. X. I don't pay a 710 00:35:23,440 --> 00:35:26,200 Speaker 3: ton of attention, you know, business wise to X or 711 00:35:26,239 --> 00:35:29,880 Speaker 3: Twitter whatever whatever we want to call it. But for 712 00:35:30,000 --> 00:35:33,719 Speaker 3: a small business owner influencer maybe not so much. But 713 00:35:33,880 --> 00:35:38,000 Speaker 3: small business owners, how do they determine where to spend 714 00:35:38,000 --> 00:35:40,680 Speaker 3: the most time and effort limited resources to put into 715 00:35:40,719 --> 00:35:42,239 Speaker 3: this time. 716 00:35:42,040 --> 00:35:44,000 Speaker 2: And money or personnel? 717 00:35:45,000 --> 00:35:45,200 Speaker 5: Yeah? 718 00:35:45,760 --> 00:35:46,879 Speaker 2: What what do I do here? 719 00:35:48,280 --> 00:35:50,560 Speaker 4: So the first part is I'm gonna say it's going 720 00:35:50,640 --> 00:35:52,800 Speaker 4: to depend on how big they want to grow the pie, 721 00:35:53,239 --> 00:35:57,800 Speaker 4: right like big? Yeah, So then we got we gotta 722 00:35:57,840 --> 00:36:00,760 Speaker 4: do it. We gotta do it in the state approach 723 00:36:01,000 --> 00:36:04,400 Speaker 4: like big companies do. And so the first part is 724 00:36:04,960 --> 00:36:08,520 Speaker 4: there's no way around those first few years of you 725 00:36:08,719 --> 00:36:12,560 Speaker 4: chasing everything that's coming left and right. But if you 726 00:36:12,600 --> 00:36:15,120 Speaker 4: are a little bit savvyer, let's say you already seasoned 727 00:36:15,160 --> 00:36:18,000 Speaker 4: in business, you need to figure out that my business 728 00:36:18,000 --> 00:36:20,680 Speaker 4: dev person, do I have the ability to grow sales 729 00:36:20,719 --> 00:36:23,480 Speaker 4: come up with ideas that work? Or my business ops 730 00:36:23,480 --> 00:36:26,160 Speaker 4: person where I fulfill the promises that this salesperson just 731 00:36:26,239 --> 00:36:28,879 Speaker 4: made the people the quicker? You know where to put 732 00:36:28,920 --> 00:36:31,360 Speaker 4: yourself the quicker? You know where do I start the 733 00:36:31,440 --> 00:36:34,759 Speaker 4: hiring process? So as I've grown, I know I'm a 734 00:36:34,760 --> 00:36:38,040 Speaker 4: business dev person, So I had to hire an operations 735 00:36:38,080 --> 00:36:41,160 Speaker 4: person to make sure all of these things get done 736 00:36:41,600 --> 00:36:44,879 Speaker 4: because I'm gonna be out here fancying up some new 737 00:36:44,920 --> 00:36:48,319 Speaker 4: concept and forget. I got to be somewhere four o'clock right, 738 00:36:48,520 --> 00:36:52,279 Speaker 4: just that that part of my brain. So I would say, 739 00:36:52,880 --> 00:36:55,719 Speaker 4: the hard me, the hard consultant would be, hey, look, 740 00:36:55,719 --> 00:36:57,759 Speaker 4: these first couple of years gonna kick your butt. 741 00:36:57,880 --> 00:36:59,279 Speaker 5: But then here's what you need to do. 742 00:36:59,400 --> 00:37:02,239 Speaker 4: You got to start to build and replace because you 743 00:37:02,280 --> 00:37:05,160 Speaker 4: can't be all things to all people. And then I'd 744 00:37:05,160 --> 00:37:07,920 Speaker 4: be remiss if I didn't say how much to impact 745 00:37:08,200 --> 00:37:10,080 Speaker 4: One of my best friends and clients, her name is 746 00:37:10,120 --> 00:37:13,960 Speaker 4: Connie as Falls. She runs an operational systems company. And 747 00:37:14,040 --> 00:37:18,080 Speaker 4: this is the policies, the processes, the procedures, how do 748 00:37:18,200 --> 00:37:21,840 Speaker 4: we do everything? So when Will does a podcast interview 749 00:37:21,840 --> 00:37:26,040 Speaker 4: at four, what is riverside, what Mike's what likes? All 750 00:37:26,080 --> 00:37:28,359 Speaker 4: that stuff need to be written down so that if 751 00:37:28,360 --> 00:37:30,759 Speaker 4: you are just walking in right at four, somebody can 752 00:37:30,800 --> 00:37:32,880 Speaker 4: do all it for you, or if you're absent and 753 00:37:32,880 --> 00:37:35,200 Speaker 4: you need a guest host, they can follow a step 754 00:37:35,200 --> 00:37:37,480 Speaker 4: by step framework in order to do exactly what you 755 00:37:37,600 --> 00:37:40,560 Speaker 4: do and get an eighty eighty five percent success rate. 756 00:37:40,960 --> 00:37:43,200 Speaker 4: The rest of it can be made up with coaching. 757 00:37:43,600 --> 00:37:44,560 Speaker 5: So I think. 758 00:37:46,000 --> 00:37:49,359 Speaker 4: We have a lot of us have personal brand businesses 759 00:37:49,400 --> 00:37:52,120 Speaker 4: and lifestyle businesses, and we don't think of them as 760 00:37:52,120 --> 00:37:56,000 Speaker 4: being a separate entity from ourselves or bigger than ourselves. 761 00:37:56,120 --> 00:37:58,360 Speaker 4: So the first challenge is you got to be thinking 762 00:37:58,360 --> 00:38:00,839 Speaker 4: about it that way. And when you started writing out, 763 00:38:01,280 --> 00:38:03,440 Speaker 4: instead of writing out what needs to be done, you 764 00:38:03,480 --> 00:38:05,440 Speaker 4: need to write out who is the best person to 765 00:38:05,520 --> 00:38:09,360 Speaker 4: do this? And then that keeps you in the process 766 00:38:09,360 --> 00:38:10,680 Speaker 4: of thinking about the business that way. 767 00:38:10,920 --> 00:38:13,839 Speaker 2: Love that. For I have three questions left and I'm 768 00:38:13,880 --> 00:38:14,960 Speaker 2: gonna give them to you a way. 769 00:38:15,760 --> 00:38:15,960 Speaker 5: Yeah. 770 00:38:16,040 --> 00:38:18,800 Speaker 2: So for if you were to distill. 771 00:38:18,480 --> 00:38:21,840 Speaker 3: This conversation into three points, we've had a good conversation 772 00:38:21,920 --> 00:38:24,520 Speaker 3: here the small business owners this, corporations listening to this, 773 00:38:24,560 --> 00:38:27,319 Speaker 3: employees listening to this. If they only remember three things 774 00:38:27,320 --> 00:38:30,600 Speaker 3: and they couldn't rewind because with their phone that that 775 00:38:30,719 --> 00:38:33,400 Speaker 3: button just don't work on their Android. Why they got Android, 776 00:38:33,400 --> 00:38:37,560 Speaker 3: I don't know, but that rewind button didn't work. You 777 00:38:37,560 --> 00:38:39,319 Speaker 3: won't let them leave with three things. What are those 778 00:38:39,320 --> 00:38:41,000 Speaker 3: three things they got to get out of this conversation. 779 00:38:41,840 --> 00:38:44,120 Speaker 4: The first thing would be social media is the most 780 00:38:44,160 --> 00:38:50,880 Speaker 4: disruptive form of innovation since the television. We read legacy 781 00:38:50,880 --> 00:38:54,839 Speaker 4: stories about people sending wires or the radio, but when 782 00:38:54,880 --> 00:38:57,240 Speaker 4: you talk to anybody and most of them are still living. 783 00:38:57,520 --> 00:38:59,759 Speaker 4: When you get into the era of the television and 784 00:39:00,239 --> 00:39:05,280 Speaker 4: and cable, etc. It disproportionately disrupted how business was done. 785 00:39:05,680 --> 00:39:08,840 Speaker 4: And the Internet is still, relatively speaking, in its infancy. 786 00:39:09,360 --> 00:39:14,719 Speaker 4: That's first, So prioritize social media because everything else you 787 00:39:14,760 --> 00:39:18,000 Speaker 4: need is here. The research, the sales, the community, the connections, 788 00:39:18,040 --> 00:39:18,480 Speaker 4: et cetera. 789 00:39:18,680 --> 00:39:19,799 Speaker 5: That would be the number one thing. 790 00:39:20,120 --> 00:39:24,719 Speaker 4: Number two thing is when you're building a business, you 791 00:39:25,200 --> 00:39:29,000 Speaker 4: have to It's fundamental that you spend more time thinking 792 00:39:29,040 --> 00:39:32,320 Speaker 4: about who are the people and what are the problems 793 00:39:32,960 --> 00:39:36,560 Speaker 4: than thinking about what product can I build. I need 794 00:39:36,600 --> 00:39:38,960 Speaker 4: to know who they are because that then leads me 795 00:39:39,000 --> 00:39:42,000 Speaker 4: to the products and the messaging. Most of us we 796 00:39:42,080 --> 00:39:44,200 Speaker 4: do it the other way around. We assume the world 797 00:39:44,280 --> 00:39:46,759 Speaker 4: is like us. We build what we want and what 798 00:39:46,800 --> 00:39:48,680 Speaker 4: we need, and then we scream from the top of 799 00:39:48,680 --> 00:39:52,000 Speaker 4: our lungs about why people should buy sad things, but 800 00:39:52,080 --> 00:39:53,799 Speaker 4: we don't. I would recommend you do it the other 801 00:39:53,800 --> 00:39:57,320 Speaker 4: way around. So understand, social media is huge, so huge 802 00:39:57,320 --> 00:39:59,560 Speaker 4: that if you find the right group of people, you 803 00:39:59,600 --> 00:40:01,640 Speaker 4: can click in the comments and you can follow some 804 00:40:01,680 --> 00:40:04,959 Speaker 4: folkts and you can start to see here are some problems. 805 00:40:06,000 --> 00:40:08,279 Speaker 4: And if I can develop a product or service, I can. 806 00:40:08,600 --> 00:40:10,840 Speaker 4: I got a business. I got a money opportunity. And 807 00:40:10,880 --> 00:40:13,799 Speaker 4: then the third thing would be situate yourself in the 808 00:40:13,880 --> 00:40:16,000 Speaker 4: right side of the business. Am I a person that 809 00:40:16,040 --> 00:40:17,759 Speaker 4: can go out and make a sell every day? Or 810 00:40:17,760 --> 00:40:19,480 Speaker 4: am a person that's going to swing the hammer and 811 00:40:19,520 --> 00:40:21,920 Speaker 4: get the job done every day? Hire for all the 812 00:40:22,040 --> 00:40:25,360 Speaker 4: other jobs that you aren't good at. 813 00:40:26,080 --> 00:40:28,200 Speaker 3: This one is and I hate to ask two part questions, 814 00:40:28,239 --> 00:40:30,520 Speaker 3: but I have to get a two part question in 815 00:40:30,640 --> 00:40:34,879 Speaker 3: it is Historically, black people, black entrepreneurs don't spend enough 816 00:40:34,880 --> 00:40:37,440 Speaker 3: money in marketing. We don't allocate enough when we're starting up. 817 00:40:37,920 --> 00:40:40,359 Speaker 3: As those are statistics. We just don't put enough money 818 00:40:40,360 --> 00:40:44,000 Speaker 3: in marketing. And you talked about consistency posting three times 819 00:40:44,040 --> 00:40:45,600 Speaker 3: a day. You said that's not always a rule, but 820 00:40:45,640 --> 00:40:48,800 Speaker 3: it is just buying large. You need to post that much. Yeah, 821 00:40:48,840 --> 00:40:52,880 Speaker 3: what does consistency look like? So if I post Tuesday 822 00:40:52,880 --> 00:40:55,640 Speaker 3: and then I may scroll on Wednesday, but then I 823 00:40:55,680 --> 00:40:58,520 Speaker 3: post again Friday morning, but then I post it again 824 00:40:58,560 --> 00:40:59,080 Speaker 3: on Sunday. 825 00:40:59,239 --> 00:41:02,200 Speaker 2: Man I posted a lot last week? Is that a 826 00:41:02,239 --> 00:41:02,960 Speaker 2: lot or it is like. 827 00:41:02,960 --> 00:41:07,640 Speaker 3: Should I be doing that noon, three pm and seven pm? 828 00:41:08,160 --> 00:41:09,719 Speaker 5: Yeah, beautiful question. 829 00:41:09,800 --> 00:41:13,920 Speaker 4: I would tell folks, even though it's not all about sales, 830 00:41:14,360 --> 00:41:17,040 Speaker 4: but this will help it make sense for folks post 831 00:41:17,080 --> 00:41:20,799 Speaker 4: every day that you want to make some money, right, Well, 832 00:41:20,840 --> 00:41:22,800 Speaker 4: you comfortable with your money coming in every once in 833 00:41:22,800 --> 00:41:25,120 Speaker 4: a while, post every once in a while, right, but 834 00:41:25,239 --> 00:41:26,719 Speaker 4: if you like, you know what, it'd be good to 835 00:41:26,719 --> 00:41:29,280 Speaker 4: make some money in the morning, and then again around lunch, 836 00:41:29,520 --> 00:41:30,879 Speaker 4: and then again before I lay down. 837 00:41:31,320 --> 00:41:31,520 Speaker 5: Right. 838 00:41:31,920 --> 00:41:36,800 Speaker 4: Then I orient my my content schedule around that because 839 00:41:37,000 --> 00:41:40,120 Speaker 4: all all things, ultimately we hope they lead to sales. 840 00:41:40,160 --> 00:41:42,759 Speaker 4: Whether I'm gaining awareness or nurturing or getting to a 841 00:41:42,760 --> 00:41:46,040 Speaker 4: hard core CTA or a conversion, we're sort of all 842 00:41:46,080 --> 00:41:52,440 Speaker 4: moving in that direction. So that would be my recommendation. There, Beautiful, 843 00:41:52,480 --> 00:41:53,440 Speaker 4: Did I cover the second part? 844 00:41:53,600 --> 00:41:53,640 Speaker 5: Was? 845 00:41:53,719 --> 00:41:54,200 Speaker 2: That was great? 846 00:41:54,280 --> 00:41:54,840 Speaker 5: That was great? 847 00:41:55,520 --> 00:41:58,759 Speaker 3: The last one is, you know, you obviously smart, You 848 00:41:58,760 --> 00:42:01,799 Speaker 3: could be doing a lot of things. Why did you 849 00:42:01,960 --> 00:42:04,640 Speaker 3: determine that you're going to spend your time doing this work? 850 00:42:05,239 --> 00:42:05,560 Speaker 5: Man? 851 00:42:05,680 --> 00:42:11,000 Speaker 4: So I read somewhere that like all businesses are birthed 852 00:42:11,000 --> 00:42:15,240 Speaker 4: out of some type of trauma, and oftentimes we're creating 853 00:42:15,280 --> 00:42:17,680 Speaker 4: what we wish existed for us at some point in 854 00:42:17,760 --> 00:42:21,640 Speaker 4: the past. So what I learned early was that I'm 855 00:42:21,800 --> 00:42:25,359 Speaker 4: really good at learning information and teaching it. 856 00:42:26,360 --> 00:42:28,359 Speaker 5: And after working. 857 00:42:28,080 --> 00:42:30,440 Speaker 4: In corporate for close to ten years and seeing the 858 00:42:30,520 --> 00:42:33,720 Speaker 4: money and getting the prestige and all of the things 859 00:42:33,760 --> 00:42:36,439 Speaker 4: that you would think light your spirit up, it came 860 00:42:36,520 --> 00:42:39,000 Speaker 4: at the expense of this other thing that's been sort 861 00:42:39,000 --> 00:42:41,680 Speaker 4: of nagging at me, And so I didn't fully know 862 00:42:41,760 --> 00:42:44,359 Speaker 4: what it looked like. I just knew that people call 863 00:42:44,480 --> 00:42:46,000 Speaker 4: me all the time and ask me what I think 864 00:42:46,000 --> 00:42:48,840 Speaker 4: about stuff, and then they'll go do exactly what I 865 00:42:48,880 --> 00:42:50,719 Speaker 4: told them to do, right, and then they'll hit me 866 00:42:50,760 --> 00:42:52,799 Speaker 4: back and be like, hey, Bruther, it's work. I didn't 867 00:42:52,800 --> 00:42:55,320 Speaker 4: know this was consultant. I thought I was just Homeme 868 00:42:55,320 --> 00:42:55,759 Speaker 4: on game. 869 00:42:55,800 --> 00:42:56,399 Speaker 5: You know what I'm saying. 870 00:42:57,880 --> 00:43:02,399 Speaker 4: So this allows me to to selfishly do what I'm 871 00:43:02,400 --> 00:43:06,080 Speaker 4: good at and feel good about. But any other way, 872 00:43:06,360 --> 00:43:10,399 Speaker 4: I fully understand where we're going as a people talking 873 00:43:10,400 --> 00:43:18,359 Speaker 4: about us, black Boat, We've always been last in education, right, 874 00:43:18,920 --> 00:43:21,960 Speaker 4: hardest to be able to get the capital displaced by 875 00:43:22,040 --> 00:43:25,520 Speaker 4: technology the first, right the fastest. So if I can 876 00:43:25,600 --> 00:43:27,080 Speaker 4: share this stuff that I don't win in and got 877 00:43:27,080 --> 00:43:29,239 Speaker 4: from these fancy universities, and if I can share this 878 00:43:29,239 --> 00:43:31,640 Speaker 4: stuff that I learned at these fancy corporations, and even 879 00:43:31,640 --> 00:43:35,120 Speaker 4: if I'm humble enough to share my entrepreneurial failures, I'll 880 00:43:35,160 --> 00:43:38,040 Speaker 4: be able to help somebody overcome some of the things 881 00:43:38,040 --> 00:43:39,960 Speaker 4: that I went through. All I gotta do is just 882 00:43:40,000 --> 00:43:42,200 Speaker 4: be willing to share it. It just so happens that 883 00:43:42,320 --> 00:43:44,160 Speaker 4: one of the byproducts is you can also make a 884 00:43:44,200 --> 00:43:45,040 Speaker 4: living from it too. 885 00:43:46,200 --> 00:43:49,760 Speaker 2: Fantasy Body ordered, So glad you spent. 886 00:43:49,680 --> 00:43:51,640 Speaker 5: This time on me. This was great. Bro. 887 00:43:51,800 --> 00:43:56,000 Speaker 4: Listen, man, I again for cut this off if you 888 00:43:56,120 --> 00:43:58,960 Speaker 4: need to, But I need people to understand what grace 889 00:43:59,040 --> 00:44:01,640 Speaker 4: looked like because you don't extending me a lot of 890 00:44:01,680 --> 00:44:02,640 Speaker 4: grace over. 891 00:44:02,520 --> 00:44:05,440 Speaker 5: The sort of evolution of our relationship we locked in. 892 00:44:05,840 --> 00:44:07,520 Speaker 4: Thank you for the platform, and thank you for the 893 00:44:07,520 --> 00:44:09,760 Speaker 4: opportunity to share with your with your with your audience. 894 00:44:09,840 --> 00:44:12,520 Speaker 3: Keep doing what you're doing, and I'm so proud of 895 00:44:12,560 --> 00:44:14,400 Speaker 3: you and I'm not having watched your growth. 896 00:44:14,480 --> 00:44:17,680 Speaker 2: And thank this guy. This guy ain't even the limit 897 00:44:17,960 --> 00:44:21,319 Speaker 2: for whatsow for you. Wow, So proud of you. Man. 898 00:44:21,440 --> 00:44:23,120 Speaker 5: Appreciate your brother, Thank you man. 899 00:44:23,200 --> 00:44:26,920 Speaker 1: Absolutely Black Tech Green Money is a production the Blavity 900 00:44:26,960 --> 00:44:30,279 Speaker 1: Afro Tech on the Black Effect podcast Networking Night Hire Media. 901 00:44:30,440 --> 00:44:33,600 Speaker 1: It's produced by Morgan Debonne and me Well Lucas, with 902 00:44:33,760 --> 00:44:37,600 Speaker 1: additional production support by Kate McDonald, s er and Jada McGee. 903 00:44:37,760 --> 00:44:40,319 Speaker 1: Special thank you to Michael Davis in Love Beach. Learn 904 00:44:40,360 --> 00:44:43,279 Speaker 1: more about my guessing other technives offers an innovator's afrotech 905 00:44:43,320 --> 00:44:44,200 Speaker 1: dot com. 906 00:44:44,320 --> 00:44:46,080 Speaker 2: The video version of this episode will. 907 00:44:46,000 --> 00:44:48,440 Speaker 1: Drop to Black Tech Green Money on YouTube, so tap in, 908 00:44:49,200 --> 00:44:52,120 Speaker 1: enjoy your Black Tech Green Money, Share this to somebody, 909 00:44:52,719 --> 00:44:53,560 Speaker 1: Go get your money. 910 00:44:54,160 --> 00:44:54,799 Speaker 2: Peace in love