assets and liabilities examples Archives – League of Hustlers https://leagueofhustlers.com/tag/assets-and-liabilities-examples/ Prepare to Prosper Tue, 01 Dec 2020 17:43:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://leagueofhustlers.com/wp-content/uploads/2023/01/cropped-Favicon-LoH-Logo-Plain-Jane-32x32.jpg assets and liabilities examples Archives – League of Hustlers https://leagueofhustlers.com/tag/assets-and-liabilities-examples/ 32 32 Ep117: How to Make a Game with Social Laughs https://leagueofhustlers.com/ep117-how-to-make-a-game-with-social-laughs/ Tue, 01 Dec 2020 14:10:48 +0000 https://leagueofhustlers.com/?p=7674
Want to know how to make a game? The founders of the Social Laughs company give us details and advice that any startup can benefit from.

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Want to know how to make a game?

We welcome entrepreneurs and leaders across all industries to share their experiences on the road to success.  We talked with the creators of the hit game “Passport to the Hood”.  Anthony and Chrissy Kent of the Social Laughs company share their process of creating and delivering a hit game to the market.  Startups, this is especially for you.  If you’ve ever wanted to know how to make a game and deliver,  this episode is for you.

Visit https://www.socialaughs.com/ to see all games

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Overview: How to make a game? How to make a game slide 

LoH Key Points

  • Capture your ideas

  • Build your circle of resources

  • Manage Risks

 

Capture your ideas

Step one in “how to make a game” is to capture your ideas.  This is actually step one in any startup process.  You need to begin capturing your ideas, and so you can begin developing them.  Do not rely on your mind to keep track of all the ideas that you have.  A common trend amongst several entrepreneurs that we talk with is that they keep a something to take notes with.  Whether it is a journal, a notebook, or an app, you need something to keep track of your ideas.

Build your circle of resources
No matter what industry you are in, networking in going to be a major key.  Surround yourself with individuals that can provide value in their expertise.  Build a dream team of people that you refer to for information.  You may be starting a company that sells games.   Having a finance expert, or a marketing expert to use as resources will be helpful along the way.  Start building your network, and don’t be afraid to ask questions.

Manage your Risks

When discussing how to make a game, Anthony from Social Laughs pointed out that you need to take some precautions before jumping out the window.  Make sure you are keeping your costs low. You will want to validate that your idea will sell before you get too far into the investment.  Another thing is to choose a name that is unique, so that you don’t get mixed up with other companies.  You want to brand yourself so that your audience is interested immediately.

LoH Challenge  

The Social Laughs family wants to challenge you to go out and register your LLC.  If you have an idea or a side hustle that you a ready to solidify, go out and start your LLC.  If you need help you can always send us an email at contact@leagueofhustlers.com .

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Ep116: Securing Financial Freedom with Ralph the Legal Trapper https://leagueofhustlers.com/ep116-securing-financial-freedom/ Thu, 19 Nov 2020 17:53:47 +0000 https://leagueofhustlers.com/?p=7636
The path to financial freedom begins with financial literacy.  We sat down to discuss the topic with Ralph Jarvis of the Legal Trap LLC.  The Legal Trap LLC provides information and tools for startups and seasoned entrepreneurs. 

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The Path to Financial Freedom

The path to financial freedom begins with financial literacy.  We sat down to discuss the topic with Ralph Jarvis of the Legal Trap LLC.  The Legal Trap LLC provides information and tools for startups and seasoned entrepreneurs.  Ralph gives us the details on the beginnings of the Legal Trap LLC, how to get started on your personal path to financial freedom, and the importance of an ownership mentality.  After this you’ll be prepared to start ‘trappin’.

Learn more about the Legal Trap LLC

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Overview: How to achieve financial freedom? Secure Financial Freedom Slide


LoH Key Points

  • Entrepreneurship

  • Ownership Mentality

  • No Middlemen

 

Entrepreneurship

Entrepreneurship is a path that many take to financial freedom.  It comes with many ups and downs, but the rewards can be amazing.  People have dreams regarding entrepreneurship, but a lot of people simply don’t know where to begin.  If you considering entrepreneurship as your path to financial freedom; our advice is to get started now!  We have your back.  The Legal Trap LLC is a company the provides tools to help people begin their path to entrepreneurship.  Ralph represents them well.  If you need help getting started definitely send them a message.

Ownership Mentality
An amazing jewel that Ralph dropped regarding financial freedom, is having the right mind state.  Ralph suggests having an ownership mentality.  Take ownership of your life, your work, your business, and your projects.  Seek ownership of assets, and limit the liabilities.  The best part about this is that you can start small.  You don’t have to own a 100 acre property.  You can start off by buying 1 share of stock.  Get your mind right, and start owing things that add value.

No Middlemen
An amazing moment in time is upon us.  We have the internet readily available to us where we can interact and engage with each other across a variety of different platforms.  Use the internet as a tool on your path to financial freedom.  With the internet we can cut out the middle men and get straight to the products, as well as the customer base.  The digital realm is full of possibilities.  Look at platforms like uber, and rideshare that provide opportunities in new ways.  Let’s take advantage of our new ability to connect.  With a little innovation you can definitely find financial freedom by using the power of the internet.

LoH Challenge  

Think of a skill, an asset or a service, that you can monetize digitally.  Think of something outside of your traditional job.  If you’re an entrepreneur think of something other than the product or service that you currently provide.  Explore your options and try to make sure it is something that you can back with a digital system.

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Ep115: What is bitcoin and blockchain? feat The Bitcoin Vegan https://leagueofhustlers.com/ep115-what-is-bitcoin-and-blockchain/ Thu, 12 Nov 2020 12:25:36 +0000 https://leagueofhustlers.com/?p=7603
Ever wonder "what is bitcoin"? What about blockchain, ever heard of that? Lots of people have made a lot of money by investing in bitcoin. In this episode we talk to Justin Rhedrick, from Bitcoin Vegan and get the details you need to get you started investing in crypto.

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What is bitcoin and where do I start?

Ever wonder “what is bitcoin”? What about blockchain, ever heard of that? Lots of people have made a lot of money by investing in bitcoin. In this episode we talk to Justin Rhedrick, from Bitcoin Vegan. We discuss some of the basics you might want to know before diving into the cryptocurrency market. Why buy bitcoin? Is it too late to invest? How do I start? These are just a few questions that we discuss with Justin.  If you want to learn more about bitcoin Justin has a complete coursed dedicated to bitcoin.  Let’s get started.

LEARN MORE ABOUT THE COURSE HERE .

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Overview: What is bitcoin and Blockchain?what is bitcoin slide


LoH Key Points

  • Bitcoin Basics

  • Is it too late to invest

  • What will happen next

 

Bitcoin Basics

So what is bitcoin?  Bitcoin is one of many cryptocurrencies.  Although there are many cryptocurrencies they aren’t all created equally.  Some crypto can only be used on specific platforms.  Theses can be compared to arcade tokens.  The tokens can only be used in the arcade that you bought them from.  Bitcoin however is a digital currency.  It can be used globally to buy and sell goods digitally.  Many consider the downward trend in the value of the US dollar as a sign to place there funds elsewhere.  We know society is going digital, and many people have many great money with bitcoin.  If you haven’t already, it may be time to consider your digital portfolio.

Is it Too Late to Invest?
Everyone wants to make money.  If you have been paying attention you have seen bitcoin jump through the roof!  We know we should buy low and sell high.  So, why would we buy bitcoin?  Is it too late to invest?  According to Justin at Bitcoin Vegan; it’s not.  You haven’t missed the boat yet.  Many experts expect bitcoin to continue to rise in the years to come especially with the emergence of the digital age.  Some see it as being the primary currency of the world in the near future.  If you believe any of that then you know what you need to do.  Besides that it is an actual currency that you can spend immediately. It has an upward trending value, and you can actually use it to make purchases right now.  

What’s next with Bitcoin?
We can’t tell you exactly what’s next.  But we can go over the pros of bitcoin and you can come up with your own synopsis.  Bitcoin is a digital currency that provides its users with a sense of privacy.  Bitcoin can’t be tracked the same way that purchases with a debit card can.  Unlike the dollar, there is finite supply of bitcoin.  No more is being created.  That makes is valuable.  Bitcoin has the liquidity of cash.  You can purchase anything from anywhere in the world with it, but it also has the investment value of traditional stocks or bonds because of it volatility in value.  This makes bitcoin very unique, and attractive.  Even if you don’t fully believe in it, maybe you should consider buy a few pieces and see what happens.

LoH Challenge  

The challenge is to go and buy bitcoin!  Don’t worry, you can actually buy fractions of bitcoin.  You can start by putting away a couple dollars each week to allocate towards your first investment.  In the mean time you can do more research on your own about where to buy, or you can reach out directly to us or Bitcoin Vegan.  We’ll help get you on the right platforms to start investing in crypto.  If you want to learn more about bitcoin consider this online course from Bitcoin Vegan.  LEARN MORE ABOUT THE COURSE HERE

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Ep114: Chopping it up with BDaht https://leagueofhustlers.com/ep114-chopping-it-up-with-bdaht/ Wed, 04 Nov 2020 13:06:09 +0000 https://leagueofhustlers.com/?p=7583
In this episode we chop it up with our brother BDaht. We touch on everything from upcoming projects, test driving new ideas, consistency, and staying true to yourself.

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We interviewed BDaht and here’s what we got

In this episode we chop it up with our brother BDaht.  We touch on everything from his upcoming projects, how to test driving new ideas, consistency, and staying true to yourself.  BDaht has mastered his authenticity and delivery.  He continues to grow and execute great ideas over and over.  There is a lot of good information packed in these conversations.  You don’t want to miss this one.

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Overview: Interview with BDaht BDaht-slide


LoH Key Points from BDaht

  • Be Yourself and Your Audience will Come

  • Test Drive Your Ideas First

  • Enjoy the Ride

 

Be Yourself and Your Audience will Come

Be yourself and your audience will come.  Whether you are delivering a product or a service it is important to give your authentic self.  No need to try to fake it or fit in with others who offer similar services.  You are different from anyone else on the planet.  Use that to your advantage in your industry.  Believe it or not, there are people who want to see the real you.  Being yourself gives you the consistency that your audience needs to believe in your brand.  Stick to it and your audience will find you.

Test Drive Your Ideas First
You have ideas, but maybe you don’t know where to start.  A major key that BDaht pointed out was how he tests his ideas.  Its simple, just do it and take note of the feedback that your audience gives you.  Keep a journal or take notes of the ideas that you have so you don’t forget them.  Don’t let those great ideas fall into the cracks of your mind.  Get them on paper, and plan to execute them.  Take the feedback you receive seriously.  The feedback will let you know what to do next.

Enjoy The Ride
BDaht gave a great example of a failure that he faced early on in his career.  We all know that everyday isn’t going to go our way, or is it?  It the lessons learned from our failures that actually propel us towards success.  Whether things appear to be going your way or not, trust the process.  Trust that everything is working out.  Enjoy the ride.  There will be ups, and downs, but if you stay on you will reach your destination.  You are on your way, so enjoy it!

LoH Challenge  

Write down your goals for the  next 30, 60, and 90 days.  If you don’t write down your goals then they are just ideas.  Write them down, and start executing them.  Don’t be afraid to go big, and don’t ignore the small goals that lead up to the accomplishment of the big goals.  Write them down, and get to work!

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Ep113: Constant Effort is the Key to Success https://leagueofhustlers.com/ep113-constant-effort-is-the-key-to-success/ Tue, 27 Oct 2020 11:55:34 +0000 https://leagueofhustlers.com/?p=7567
In this episode we discuss effort as major key to success. Constant effort properly applied will yeild you compounded results and constant growth. Let's get started.

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Keys to Success: Constant Effort

We are all looking for the key to success.  Some people even believe that it is a secret only shared amongst a small circle.  The truth is that we all have the keys readily available to us.  However it is up to us to decide to use them.  In this episode we discuss effort as major key to success.  Constant effort properly applied will yield you compounded results and constant growth.  Let’s get started.

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Overview: Constant Effort is the Key Key to success constant effort slide


LoH Key Points

  • Discipline Over Motivation

  • Remember Your Purpose

  • Nature’s Proof

 

Discipline over Motivation

We all love Motivation.  Motivation is amazing and can give us the spark that we need to begin a new task or put in some extra work.  However, when that spark dies so does your effort.  This is where discipline comes into play.  Discipline will give you the strength to persist through difficult moments where you may not be so motivated.  If you want constant effort work in your favor, you will need to practice building your discipline.  It will help to sustain your effort through difficult moments.  Discipline itself is another key to success, it is the factor which allows us to proceed with constant effort.

Remember Your Purpose
Your purpose must be magnetic.  A strong purpose can provide us with internal motivation.  Remember why you started the journey.  Use your purpose to help you stay on track with your efforts.  If you are completing tasks that do not align with your goal, then do not proceed.  Your purpose can serve as a compass for you.  Use it to help determine if your efforts are working in your favor.  Constant effort is a major key to success, but we must make sure those efforts are properly aligned.

Nature’s Proof

When we examine nature for keys to success we see a variety of examples where this principle is applied.  A seedling placed in fertile soil begins to grow and will continuously apply its efforts to fulfill its purpose to become the best version of itself.  We have to apply this principle the same way.  Work to achieve your purpose with continuous effort.

LoH Challenge  

What are some things that you could do every day to help better your life or get you closer to your goals?  Your challenge is to identify a few small disciplines that align with your goals and to execute them every day.  Make a log or a checklist to keep track of your daily status.  Execute these disciplines until they become habits.  When you’re comfortable enough with completing the task, start over with a new discipline.  This is a simple and effective way to guarantee continuous growth.  Push yourself each day to be great!

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Ep112: Why You Need a Side Hustle https://leagueofhustlers.com/ep112-why-you-need-a-side-hustle/ Fri, 23 Oct 2020 11:09:38 +0000 https://leagueofhustlers.com/?p=7554 Everyone should have a side hustle, no exceptions. Whether you are working a traditional job or whether you lead a fortune 500 company; you should be constantly prospecting ideas and opportunities.

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Why You Need a Side Hustle

Everyone should have a side hustle, no exceptions. Whether you are working a traditional job or whether you lead a fortune 500 company; you should be constantly prospecting ideas and opportunities. These ideas and opportunities could develop into the next new platform, business, product, or service that the world has been waiting for. We’re depending on your ideas to take us to the next level. Keep in mind that “side hustle”, is just a phase. From there you grow into a business, and enterprise, or global chain. Don’t let the world down. Get your hustle on!

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Overview: Did you miss your opportunitywhy you need a hustle slide


LoH Key Points

  • Test the Waters

  • The Flexible Advantage

  • Small Things Turn into Big Things

 

Test the Waters

The most important thing to remember from this is that the side hustle is a stage. This is the place where you will test the validity of your ideas. You can use this phase to sort of test the waters to make sure this is actually something you want to do before you fully commit. Maybe you overlooked some obstacles and challenges that this avenue may present. Starting with a side hustle gives you the opportunity to start small, and make inexpensive mistakes. If you start by launching a fully staffed business without testing the water first you could be setting yourself up for an expensive headache. Don’t knock the hustle. This is the perfect place to prove your ideas and start your journey toward successful entrepreneurship in any industry.

The Flexible Advantage
One of the best things about starting small is that you actually have lots of advantages that larger companies do not. Learn to use your strengths. Large companies may have more resources, and bigger budgets, but they can’t move as quickly as you. You have the ability to innovate quickly. Large companies have to go through meetings, policies, procedures, and get several sign offs before an idea can get off the ground. Use your advantages to help you stand out in your industry. Don’t be afraid of being small, embrace it. Enjoy your ability to deliver the goods and services in your unique way. This unique way is what will cause you to stand out amongst the best, and help you to grow from side hustle to business.

Small Things Turn into Big Things

Small things definitely turn into big things. Plant your seeds today. Nurture them properly, and surely they will grow. Several of the most prominent companies in today’s landscape started off as side hustles. Etsy, Uber and many more all had there beginnings as small ideas. Your ideas are no different. Its up to you to take action and get the ball rolling. The perfect way is to just start doing it. You don’t need to quit your job or sell your home. Simply just begin doing this thing on the side. Develop it, nurture it, and share it with others. You’ll know when its time to grow.

LoH Challenge  

If you already have a side hustle, great! Keep going and cultivate those ideas. Remember “side hustle” is just a phase. Find ways to grow to the next level. If you don’t have a side hustle already, start developing one right now. Find things that you like to do, and figure out how you can serve people who also enjoy doing those things. How can you make this thing better? Whats missing? Maybe even merge two things that you enjoy. Find a way to build a bridge between these two things. Surely other people will enjoy your ideas as well. Now go get it!

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Ep111: Did You Miss Your Opportunity? (TSOGR chp3) https://leagueofhustlers.com/ep111-did-you-miss-your-opportunity/ Wed, 14 Oct 2020 15:59:45 +0000 https://leagueofhustlers.com/?p=7539
Opportunities come and go. Are you missing them or are you catching them? In this episode we review chapter 3 of “The Science of Getting Rich”. Is opportunity monopolized?

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Is opportunity monopolized?

Opportunities come and go.  Are you missing them or are you catching them?  In this episode we review chapter 3 of “The Science of Getting Rich”.  Is opportunity monopolized?  Assess opportunities as they arise.  Learn when to accept the challenges presented and when to pivot to the next opportunity.  We all want to grow, and there is enough room for all of us to do so, but we must choose our opportunities wisely.  Let’s get it. 

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Overview: Did you miss your opportunitymiss opportunity slide


LoH Key Points

  • Understand the Time

  • Abundance of Supply

  • Its Natural to Desire to Achieve

 

Understanding the Times

Some opportunities are dated.  Imaging trying to sell a suit of armor in today’s world.  Sure you would make sales, but the widespread adoption may not occur because the opportunity is dated.  Not many people actually desire a suit of armor.  We want to continuously set goals that are attainable.  A major key to doing this is understanding the time.  If you understand the time well enough, you may even have the foresight to see what is coming next.

Abundance of Supply
There are times when it seems as if there is not enough room for you or your business in an industry.  This chapter of the book informs us that this is simply not true.  There is always enough of everything for everyone.  This perspective is mostly a matter of positioning.  It is not enough to set a goal.  You must either be in a favorable position, or have a plan to get in position.  If you are pursuing an industry that already has giants holding the lion share of resources or customers, then you may need to position yourself in a way that makes you attractive and different from the competition.  A good example of this is the car company Tesla.  Tesla entered the automotive industry with a new and unique value proposition that gives them relevance in a competitive market.  There is room for you and your goals.  Position yourself for success.

The Urge to Achieve

It’s natural to desire more life.  It is the nature of life to grow and multiply.  The same is the case for us.  Follow your desire to grow.  Create goals and begin moving in the direction of completion.  If you have the desire, then the opportunity is available to you to fulfill those desires. Position yourself accordingly and go achieve.

LoH Challenge  

Think of a few great thinkers, or leaders that you admire.  Use them as a guide when choosing your opportunities.  Ask yourself, what would they do in this situation.  Take a look back at some of your past choices for opportunities, and ask the same question.  What would they have done?  Are your decisions aligned?  Use this as a tool to analyze new opportunities and challenges.  Take your invisible mentor with you everywhere you go, and ask…. what would they do? 

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Ep109: Heart of a Champion with Tony Mack https://leagueofhustlers.com/ep109-heart-of-a-champion-with-tony-mack/ Thu, 24 Sep 2020 11:09:30 +0000 https://leagueofhustlers.com/?p=7519
We talked to boxing veteran Tony Mack about success in the ring and in entrepreneurship. We wanted to know what it takes to win. We found the answer to be simple. It takes the heart of a champion.

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Hustle with the heart of a champion

We talked to boxing veteran Tony Mack about success in the ring and in entrepreneurship. We wanted to know what it takes to win. We found the answer to be simple. It takes the heart of a champion. Commit to winning and pursue your success until you meet it face to face. Be willing to outwork the work, your competition, and even yourself. Take your hustle to new levels. Pursue your dreams with the heart of a champion.  

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If you saw or heard something that helped you, Subscribe to the League of Hustlers Youtube channel!

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Overview: Heart of a Champion with Tony Mack
Heart of a Champion Slide


LoH Key Points

  • Commit to the journey

  • Persist beyond all obstacles

  • Conquer the competition

 

Commit to the Journey

The road to success on your entrepreneurial journey may be a long and tedious ride.  Commit to it.  No one wants to be the person that continuously bounces from job to job, business to business or relationship to relationship.  Make a commitment to pursue your vision.  This will require some courage on our part.  We will have to do and try new things, but make the commitment to do whatever it takes.  Take action and see your vision through from start to finish.

Persist beyond all obstacles
On your way to the top, you are going to encounter plenty of obstacles.  You will get tired of doing the work.  Unexpected challenges will pop up.  You may even fall down along the way.  This is where it pays to have the heart of a champion.  Everyone can do well when things are easy, and things are going well.  The key is to persist beyond the obstacles.  Your commitment to success has to be so strong that you are relentless in this area.  You will get up each and every time that you fall along the way.  You will persist, you will succeed. 

Conquer the competition

When we say conquer the competition; we’re talking about your work, and yourself.  As entrepreneurs of course we face competition in our industry, but in most cases entrepreneurs simply need to win the battle against their work, and against themselves.  We have to win these battles first before we can begin to compete against anyone else.  Constantly work on elevating your mind, and your work ethic.  Build your discipline.  Train for success like your training for a championship fight.  

LoH Challenge  

The challenge in the episode is fundamental. Go read a book! We all know reading can help change our mindset and mature our expertise, but very few of us actually do it. Go find a book that meets your needs, and begin soaking up the information. Once you’re done with that one. Get another one. Start seeking information on the subjects that will make you a better entrepreneur, and that will make you a better person overall.

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Have questions or want to be a guest on the show:
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The post Ep109: Heart of a Champion with Tony Mack appeared first on League of Hustlers.

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Ep108: The Certain Way to get Rich (TSOGR chp2) https://leagueofhustlers.com/ep108-the-certain-way-to-get-rich/ Tue, 15 Sep 2020 14:21:48 +0000 https://leagueofhustlers.com/?p=7486
Chp2 of The Science of Getting Rich reinforces the fact that there is actually a science behind getting rich, and also repeatedly advises us that there is a CERTAIN way for us to get rich. Let's get started, let's get rich!

The post Ep108: The Certain Way to get Rich (TSOGR chp2) appeared first on League of Hustlers.

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What if there was a Certain Way to Get Rich?

In this episode we visit chapter 2 of The Science of Getting Rich.  This chapter reinforces the fact that there is actually a science behind getting rich, and also repeatedly advises us that there is a CERTAIN way for us to get rich.  We explore what that CERTAIN way is, and how we can begin shift our mindset so that we can operate in this certain way.  Let’s get started, let’s get rich.  

Press play to start Youtube video or start the podcast player below.  Don’t forget to subscribe.

If you saw or heard something that helped you, Subscribe to the League of Hustlers Youtube channel!

Listen on Anchor or choose your favorite podcast platform below!

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Overview: The Certain Way to Get Rich (TSOGR ch2)

The Certain Way to Get Rich Slide

LoH Key Points

  • There is a Science

  • Anyone Can Get Rich

  • The Certain Way

 

There is a Science

A major reveal in this chapter is that there is a science behind becoming rich.  Wattles explains that getting rich is as certain as a mathematical formula or a proven scientific experiment.  You must simply follow the formula, and you are sure to meet your success.  The amazing thing about math is that the formulas apply to everyone.  They are fixed laws.  The laws simply need to be followed.  This assures us that any an everyone can become rich.  

Anyone Can Get Rich
It does not matter where you come from, what your current situation is, or your religion.  Literally anyone can get rich.  The author points out that you can find examples of 2 people who come from similar backgrounds, and only one of them gets rich while the other ends up in poverty.  Also in reverse you can find people of poor origins who end up rich, while plenty of people who start off with success handed to them end up poor.  This gives us certainty that anyone can become rich.  It is not a matter of origin, employment, or any of the common denominators that we all share.  So what is it?

The Certain Way

So what is the certain way?  Certain from one perspective means particular.  This would mean that there are particular steps to  or ingredients to include in your formula for success.  Certain can also mean assured.  Execute your plan for success with certainty, knowing that you will reap the rewards from your hard work.  Both of these are valid points that the author later on discusses in the book.  You must believe in yourself and your plan enough to be certain of the desired outcome.

LoH Challenge  

First, you should read this book on your own.  Listen to the youtube audio or hit us up and we’ll send you a copy.  Next up focus on executing your strategy in a CERTAIN way!  Iron out the particulars and the details of your plan.  Go over it until you believe it.  This will give you the opportunity to find ways to improve, and give your the confidence that you need to execute your tasks in a CERTAIN way.  Believe in yourself, believe in your plan, and execute your action items being certain that success in imminent. 

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Have questions or want to be a guest on the show:
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The post Ep108: The Certain Way to get Rich (TSOGR chp2) appeared first on League of Hustlers.

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Ep107: Digital Marketing 101 with Rick Medalle https://leagueofhustlers.com/ep107-digital-marketing-101-with-rick-medalle/ Tue, 01 Sep 2020 12:25:54 +0000 https://leagueofhustlers.com/?p=7472
We interviewed one of the youngest and fastest moving Senior Marketing Directors in the country, Rick Medalle. The challenge at the end of this episode is crazy. Let's get it!!

The post Ep107: Digital Marketing 101 with Rick Medalle appeared first on League of Hustlers.

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Reach More People with Digital Marketing

We  interviewed one of the youngest and fastest moving Senior Marketing Directors in the country, Rick Medalle.  Rick is a certified digital marketing pro, so make sure you listen closely.  Rick drops some serious gems in this episode.  Tune in as we discuss what to do with your cash, how and where to connect with your best customers, staying true to your message, and much more.  By the way…… the challenge at the end of this episode is crazy.  Let’s get it!!

Press play to start Youtube video or start the podcast player below.  Don’t forget to subscribe.

If you saw or heard something that helped you, Subscribe to the League of Hustlers Youtube channel!

Listen on Anchor or choose your favorite podcast platform below!

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Overview: Digital Marketing 101 w/ Rick Medalle

Digital Marketing Medalle Slide

LoH Key Points

  • Learn to Find Your Target

  • Be Social on Social

  • Don’t Compete; Compliment

 

Find Your Target

In today’s economy we have a variety of choices. There isn’t just a single grocery store in your area, and with the internet people aren’t limited to shopping only in their area. They can make purchases across the country and have items shipped to their home. As a business it is the most competitive time as well as the most opportune time. In the crowded market you have to have ways for your customers to find you. Digital Marketing allows us to leverage the internet to reach our potential customers. In most cases you are your best customer! Your best customers are likely to like some of the things that you like. They are likely to hang out in the places that you like, and they are likely to prefer the same social platforms as you. If your customers aren’t finding you then go out and find them!

Be Social on Social

In the realm of digital marketing it isn’t enough to just have social media accounts, and just make posts. You actually need to engage with your audience. The way people network with each other is totally different now. Meeting people at actual events is great, but how often are you actually attending events? Social media gives us the chance to meet and share with someone new each day. Actually be social with people on social media. Work on commenting, liking, and sharing. Build relationships with other users who are active in this space. They will appreciate your engagement, and help share your message as well.

Don’t Compete, Compliment

This was a major gem right here.  Digital marketing, social media, and online businesses are all very competitive.  Its easy to get caught in the competitive space or feel like you have to try to be better than the next business or person.  Don’t waste your time in the energy draining area.  Simply look for ways to better yourself.  While you are working on yourself, look for other people or businesses in a complimentary industry.  Focus on collaborating with businesses that may have an overlap in target audience.  Use your energy to build and compliment versus competing.

LoH Challenge

This challenge was handcrafted by Rick himself.  One major key that Rick dropped in the episode was to learn to compliment others not compete with others.  Go out and find 5 people or businesses that compliment what you do.  Reach out and build a bridge.  Ask how you can help them grow their situation.  Work together and find ways to help each other grow.  One example of this was if you are a fitness guru, then pair up with someone in the nutrition or supplement industry.  Find ways to help others grow.  Inside of this method you will find yourself growing as well!

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Hustler Resources

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Social Media & Contact

Let’s chat in the LoH Facebook Group:
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Have questions or want to be a guest on the show:
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The post Ep107: Digital Marketing 101 with Rick Medalle appeared first on League of Hustlers.

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