The Russell Brunson Show - S2E2 - Virtual Real Estate Secrets
Episode Date: August 26, 2022How To Build A Virtual Real Estate Empire By Fixing, Flipping, And Investing In Small Cash Flow Funnels… Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets....com ClubHouseWithRussell.com Magnetic Marketing Learn more about your ad choices. Visit megaphone.fm/adchoices
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Hey, this is Russell Brunson.
You are listening to the Marketing Secrets Podcast,
where you're going to learn different ways to market and to grow your company.
In today's episode, we're going to be covering what we call virtual real estate.
I'm going to be talking about a whole bunch of cool things from like,
how do you wholesale funnels?
How do you license funnels?
How do you fix and flip, which is hard to say. How to fix and flip funnels, how to buy and hold funnels, how to do creative financing deals, and how to find virtual real estate funnels that you can use to grow your core company.
There's a lot of really cool things we'll be covering during today's episode.
I want you guys, as you're listening to today's show, to think of an intention.
As you're listening to this, don't just listen for enjoyment.
I want you to enjoy the episode, but I want you thinking like, how can I use this in something
I'm doing, right?
And this could be as simple as like looking at the funnels you have that maybe aren't
working as well and how can you use these strategies to make them better, right?
Instead of finding a company and flipping it and fixing it up and things like that,
like how can you apply these principles to your own company, right?
Number two is if you don't have a business yet or you're struggling or you're in the
middle of trying to grow something big, this could be a fun weekend
project or side gig you do just to kind of have some fun growing a business. And so have some
intentions like how can I use this either for my existing business or how can I do this as a side
business? Or maybe it's a business you do with your kids. I recently, I ended up not buying it,
but I almost bought this sock company because I thought it'd be really fun to do with my kids.
It would have been a perfect virtual real estate company that I could do with them
to give them a side project to learn these marketing principles. So having intentions,
you go through this, like how could you actually use this in your real life? And on top of that,
if you enjoy this episode, please rate and review it. Again, this is a new podcast format I'm
testing out. If you like it, you can, it would mean the world to me to go to, to Apple, to iTunes,
wherever you are and actually rate and view this podcast and this episode. And, uh, on top of that, share it.
If you enjoy this, share it with, with your spouse, with friends, with people that work
with you.
Um, this is the best way to get this show out for me is for you to share it to other
people.
So that'd be amazing.
And then if you want me to answer any of your comments or questions on the show, if you
go to marketingsecrets.com, there's a spot there where you can actually leave a live
question.
I am listing those.
When you send, when you send an audio question, it emails me, I listen to it.
The best questions will be picking
and pulling for the show.
So make sure you go to marketingsecrets.com.
At that site, you'll have a chance to see
the video version of this.
If you're listening, the video version of this podcast,
you get notes, transcripts, a whole bunch of other things.
And so make sure all those things
are in marketingsecrets.com
and go look for the virtual real estate episode.
On top of that, the last thing to share
is that this episode is being sponsored by me.
I figure that if somebody else can make more money off my audience than me, I don't deserve to be doing what I'm doing.
So I'm going to be the main sponsor for the show.
So today's episode is being sponsored by the Traffic Seekers book.
You can go get a copy at TrafficSeekers.com.
It just covers shipping and handling, and it is amazing.
So, Russell, thank you so much for sponsoring your own podcast. Go get your book at trafficseekers.com. And I think that is it.
So with that said, you guys, I hope you enjoyed this episode of the Marketing Secrets Podcast.
You're listening to Marketing Secrets with your host, Russell Brunson.
All right. So on today's episode, I want to talk about a concept that we call virtual real estate.
And this is not a phrase I made up.
In fact, a lot of things I do nowadays are things that really smart marketers are doing
when I first got started online and then they stopped doing it and they bought the ideas
or the principles or the concepts from them.
So when I got started way back almost 20 years ago, one of the big things that was the hot
topic, like the shiny object of the day was Google AdSense.
Kind of like we've got crypto as a shiny object today. NFT is the shiny. There's always something, right?
That's like the new hot thing everyone's focusing on and that's where their tension's at.
And so if you rewind back in time, 18, 20 years ago, when I first got into this game,
the big shiny object was Google AdSense. And what was happening is that people could create these
websites and they were like really ugly websites because the reason is you made money
when not when somebody spent time on your site, you made money when someone came to
your site and then they saw AdSense, they clicked on the link, they click on the AdSense
link and left.
That's how you made money.
So literally the whole concept is make these really ugly sites, get ranked really high
in Google for competitive keywords and then you make money every time someone would come
to your page and they would leave.
And I had friends making 50, 60, 100,000, 200,000, $300,000 a month by making these crappy, ugly websites.
And I remember the time, uh, John Reese came out and he was one of the guys who was making a ton
of money doing this. And he coined the term virtual real estate, uh, or VRE. And he said,
he starts saying, you got to create these VRE properties, these virtual real estate properties.
And he's property set up this, the site, you get it ranked in Google and it makes $500,000 a month, right? And they say you make one. It's just like
having actual property, right? Buying a house that cash flows, you know, $500,000 a month.
He said you make one and then create a second one and a third one. And I remember back in the day,
people came out with different software programs. There's one called Traffic Equalizer. There's
a whole bunch of other ones that came out that would make these sites even faster for you.
And I had friends like David Frye, who
went and he built a whole team. He had a, in his
basement of his house, I think, or maybe his
office, he had this like, this
production where it was like, they had all these different people
and there was like, all these high school kids
come home from high school and they'd have computers
and there was like, I don't know, maybe 20 or 30 computers
in the room. And the first guy, all his job was
to go buy domains. So he had, above desk, he had this checklist, like step one,
two, three, like, and the guy would come home from school, sit down, he would just buy domains.
And then it would go to the guy number two. And the second desk was like, Hey, your job is to go
and do these five steps. And he had like a whiteboard with like the five steps for that guy.
And the next thing, and he built like literally a shop of people that would just come in and they'd
buy domain, set it up, run traffic equalizer, do the backlinks, do the thing. And they would just mouse producing. So he was creating 10,
20, 30 of these sites a day, um, and ranking them and getting paid money. And it was like
this, it was like buying virtual real estate, right? It was like buying, uh, going to Boise,
Idaho before it was Boise and buying all the property and setting up houses and then
playing monopoly. Right. And, uh, it was the thing for a long time. And in fact,
John Reese even had a newsletter called the thing for a long time. And in fact, John Reese even had a
newsletter called the Virtual Real Estate Secrets Newsletter. And he published it. And I was a
member of it for two or three years where you get these print newsletters in the mail where you'd
be talking about virtual real estate. And then as all good things do, they come to an end.
Google slapped it. They stopped paying out these things and it stopped being profitable. They
stopped ranking sites that were ugly.
The only goal was to get people to leave because they wanted to rank sites that had good content and things like that. And so the whole industry kind of disappeared overnight. In fact, I had a
lot of friends who were making insane amounts of money who went bankrupt at that time and never
recovered. And so anyway, there's a whole other lesson for another podcast episode we could talk
about. But the concept of virtual real estate was so intriguing to me.
And afterwards, John shut the newsletter down and kind of forgot about it.
And when I came back and bought pretty much everything from John Reese, from TrafficSeekers.com, MarketingSeekers.com.
He also owned VirtualRealEstateSeekers.com.
And I bought that from him.
And I bought the concept and all the intellectual property and things like that around it. Cause I love that the concept, right. And I always thought about this in our world of funnels and building businesses that a lot of times, and I'm probably
one of the people that causes this, right? Like I'm all about like building a business that you're
passionate about, that you love, that you can like, uh, you change the world and you can do
all these things, right? Like if you read a expert secrets, it's all about like creating a mass
movement of people. You can change their lives. And how do you do that? And I still believe in
that. Like, that's what my mission is with clickFunnels is. But I think sometimes, um, I probably overwhelm
people because some people like, I just been trying to figure out how to make an extra a
hundred bucks or an extra 500 bucks. Like, how do I do that? And so there's a time and a place
for that. So at last year's funnel hacking live, um, I did a special nighttime session and I called
it virtual real estate secrets. Uh, in fact, the subtitle was, uh, how to build a virtual real
estate empire by fixing, flipping and investing in small cashflow funnels. And it was really fun because
before that event, I wanted to show people that, you know, while I still think that everybody
should be building a business, that's literal goal is to go and change the world. There is a time and
a place like, let me build a virtual real estate property where I can create an offer, set up a
funnel, drive some traffic to it. It pays me 500 bucks a month or 200 bucks a month or whatever that is.
And maybe I create two or three or 10 of those things and they're all cash flowing and I
can have a really good business doing that as well.
And so in that presentation, I shared a whole bunch of ways that we're doing it.
Some of the ways I showed how I was finding virtual real estate products and I was flipping
or I was fixing them up right to flip them.
So we're built, we're buying them because I know like it's only making X amount of money
right now.
But if I do these tweaks, these changes, I can get it to make this much money that I can resell it and make a profit, right? To flip them. So we're built, we're buying them because I know like it's only making X amount of money right now. But if I do these tweaks, these changes, I can get it to make this much money that I can resell it and make a profit, right?
Just like we do on houses, right? If you watch HGTV, that's the whole model, right? They buy
a cheap house, they come in, they rehab it, and then they flip and make more money, right?
So talk about flipping and flip. Yeah. Flipping and fixing and flipping. There you go. Fixing and
flipping funnels, right? I was talking about like finding funnels that are cashflow funnels that are just going to
make us a hundred bucks or 500 bucks or a thousand bucks a month and a whole bunch of
cool ideas.
In fact, before FHL, I think my team was going to kill me.
About six months prior, I was like, let's build a bunch of case studies.
And so we started doing a whole bunch of case studies that I shared in this presentation.
Now, I know some of you guys are going to go to those pages now and like, are they still
live?
What are they doing?
The reality is most of those sites, while they were fun and we got some money coming from them, when all of a sudden
the time effort I was putting into it versus some of the other projects weren't as big. So I shot a
lot of those down. Some of them are still alive as you'll see, but I wanted to, I wanted to actually
share that presentation with Funnel Hacking Live for you for a couple of reasons. Number one is I
want you guys, again, while we're talking about building empires and businesses, and we'll do a
lot of that here in this podcast, I'm also going to be showing you guys a lot of
the virtual real estate that I have, right? Like why did I buy Zuma juice? Cause it's a
virtual real estate property for me. Uh, all, uh, all bond bought the bone broth company.
Why did I do that? Lady boss? Why did I buy lady boss from Brandon and Caitlin? Why did I like,
in my mind, these are virtual real estate properties that we're creating. We're finding
and flipping and flip fixing and flipping or buying to hold them or we're going to cash for them. And there's like, in my head, this is, this is, um, what we're
doing. In fact, literally the company that holds all these, we call the company's name is virtual
real estate. Like these are virtual real estate companies that I, that I'm collecting, I'm
acquiring, and I'm using the skillset that we, that we teach every single day in marketing
seekers and funnels and click funnels and funnel hacking live and all the books. Like we're using
these principles to take these, these little businesses, set them up and have them cashflow without me having
to spend a ton of time and energy in them long-term. And so I wanted to share this as episode
number two of the new podcast. And the reason why is because a lot of my episodes are going to be
showing the VRE, the virtual real estate that I'm doing behind the scenes. And so I wanted to give
that to you guys as kind of just a context. So as
I start showing you guys more of these things, you know what we're doing and why we're doing them,
you got some of the strategies as well. Because a lot of you guys, like you've been following me
for a long time. You've been listening to the podcast episodes for a long, in fact, we did,
we pulled it during the break. How many episodes have we done to marketing secrets?
551 episodes prior to this. And then the marketing of your car was like 251.
So like,
that's like what?
Almost 800 episodes.
A lot of you guys have binged through all of them.
You've read the books,
you've been to fun hockey live,
you've done this stuff.
Um,
and,
uh,
and maybe you don't have a business yet.
Maybe you're struggling trying to build the empire and have the mass movement.
It's like,
look,
you have the skillsets right now that you can go and you can create these
little properties.
You can find sites that are making a hundred bucks a month and get to making
500 bucks a month because you know,
you have the skillsets. You've set you seem to apply it towards.
And so hopefully this will be fun.
This was a fun presentation.
I think it was lighter.
It was enjoyable.
People had a great time with it.
And so I'm going to show you guys this presentation from Funnel Hacking Live.
Again, the title for this presentation was Virtual Real Estate Secrets, How to Build a Virtual Real Estate Empire by Fixing, Flipping, and Investing in Small Cash Flow funnels. In this presentation, you can learn how to, you can wholesale funnels, you can license
them, you can flip and flip, flip. This is the hardest one ever. You can fix and flip them. You
can buy and hold. You do creative financing. And you can also use these virtual real estate
properties to grow your core company, which is what we're doing with like magnetic marketing.
We bought from Dan Kennedy. The reason why we bought that virtual real estate property was
number one to cashflow and make money.
But number two, it also is a tool to build ClickFunnels.
And we'll talk about that in the presentation as well.
So that's kind of the setup for this.
With that said, we're gonna take you guys back
to Funnel Hacking Live 2021,
where we were in Orlando, Florida.
And this is a late night session I did.
And it's one of my favorite sessions I've ever done.
I haven't shared it anywhere outside of that live event. So I hope you guys enjoy it. Uh, take some notes and
let's start building your own virtual real estate empire. So today's been a lot of fun. We've gone
deep on a lot of topics, a lot of stuff. And typically after the first day, one number one,
everyone feels a little bit overwhelmed. Like, Oh my gosh, that was crazy. It was only half a day. We got three more days of this stuff, right? How many of us feel that a
little bit? We were just like, whoa, I feel a little overwhelmed. I'm excited though. So I want
to do this special session. This is something I've never taught before. I think about this a lot. I
talk about it with my team a lot. And I want to do a session tonight. Hopefully it'll be fun. I don't
know how long it'll go. It might be 20 minutes. It might be two or three hours. I have no idea. We'll kind of see, play it by ear.
We're going all night long.
But this is something because I think a lot of times there's people that come into our
community and they come in and all of a sudden we're talking about like starting a movement
and changing the world and like all these things.
And sometimes it gets overwhelming.
And I understand that.
And when I got started, if I would have came into this room, I might've been that way as
well.
Like, whoa, I don't know about like changing the world. I'm trying to change my own life right
now. I'm trying to change my family's. I'm trying to change my situation. Right. And so I wanted
this presentation to be kind of a fun one to get the wheels in your head spinning and start
thinking about things a little differently because there's a lot of ways to make money in this
business. It's not just, I'm going to do, you know, build this huge empire. A lot of times you
can do it smaller. You can do it in a way that's, that's just a little bit differently. So that's what I want to talk about today. So my
title of my presentation is actually virtual real estate secrets. If we can throw it up here,
which I'm excited. And the title is actually how to build a virtual real estate empire by fixing,
flipping and investing in small cashflow funnels. You want to talk about this? It'd be fun.
And so to kind of lead this one off, obviously I use the word virtual real estate and some people You guys want to talk about this? It's going to be fun.
And so to kind of lead this one off, obviously I use the word virtual real estate.
And some people are like, wait, you're talking about building houses?
You're talking about selling houses on the internet?
Like, no, I'm talking about properties, virtual properties. How do we make money with virtual properties, virtual funnels, right?
And not so much like how to make millions and millions of dollars,
but how do I make some revenue?
How to make cash flow from little funnels?
Because yes, I'm so excited.
Like I might try to teach you guys how to build funnels. We're gonna make you tens of millions
of dollars. And like, that's like what gets me excited. But how many of us would be really
excited if you had a funnel is making you, I don't know, a couple hundred, a couple thousand
bucks a month. How many of us had, if you had two of those or three or 10 or 50 of them, right?
So that's what I'm talking about here, just to kind of give you guys something to think about.
And maybe this is for you. Maybe it's for one of your kids. Maybe it's for a spouse or maybe it's for somebody you know.
But I think it'd be a fun topic just to talk about inside of our community
because we don't talk about these things a lot.
Now, when I think about real estate, I think about HGTV, right?
I think about all the TV shows where they are like literally doing this with properties.
And there have been real estate gurus teaching how to make money in real estate
for way before I was ever born, right?
And I was talking to Joe McCall, who I
think is here somewhere in the room. Joe's one of my inner circle members and someone who I just
have so much respect for. In fact, I got in trouble. I bought a whole bunch of real estate that I
shouldn't have. And Joe magically got me out of it. So I love that guy. And I messaged him ahead
of time. I said, like, he's one of the big real estate gurus, a whole bunch of real estate gurus.
Like, what are the core ways that in the real estate world, they're teaching people how to make
money? And he said, well, there's a lot of things, a lot of different
angles and stuff. He's like, it really comes down to four core things, right? And this is
traditional real estate. So one is wholesaling. That's where you find someone that may not want
to sell the house, but they need to sell the house, right? Maybe they're going through a
divorce or maybe, um, you know, something tragic, lost their job or something they'd have to get
out of the house. And so there's opportunities where a real estate gur teach people how to do wholesaling to get a property and to sell it or
to flip it or to whatever, right? So that was the first thing. The second one, this is what you see
all over HGTV, right? The fix and flip. They find a house and they're like, oh, this house is horrible.
And then they get the new kitchen and the new, like all the things. All of a sudden they got
this beautiful house and then they sell it and they flip it, right? And then there's buy and
hold where you buy a house, you fix it up. And then instead of selling it, you just hold it and you cashflow it. Right. And the last one that
he kind of mentioned was creative financing. There's a lot of different ways to cool creative
financing, no money down and things like that. And so as I do this presentation, I was like,
okay, these are ways that people do money in traditional real estate, right? Like how does
this relate to, to kind of what we do as internet nerds? I mean, internet marketers, right? Um,
and for me, the like, right? And for me, I actually
got my start when I was in college. My dad actually bought me this book, Rich Dad Poor Dad. Who here's
read this book? Okay. This book was one of those things that was like the turning point in my life.
I was in my house. My wife and I had just gotten married. We're in this little house. We're living
there. And he gave me the book and this book sat on the next to my bed for months
and months and months. And then finally one day I couldn't fall asleep. I look over, I'm like,
oh, I hate reading, but there's a book my dad gave me. He's going to ask me next time I see him.
Fine. I'll read. So I opened it up and I start reading the book and I got hooked. Um, again,
this is like one of the best books ever. So I read the entire book that night. I can't sleep. I'm
the wheels of my head are spinning. I'm sitting there like this wide awake. Next morning, my wife
wakes up and rolls over and she's like, cool. I'm like, Hey, she's like, my head are spinning. I'm sitting there like this, wide awake. Next morning, my wife wakes up and rolls over.
And she's like, cool.
I'm like, hey.
She's like, what's going on?
I'm like, we're going to buy a duplex.
She's like, what?
I'm like, yeah, we're going to live in one half and rent out the other half.
And we're going to live for free.
And we're going to have tons of extra money.
It's going to be amazing.
And my lovely wife said, okay.
And then we went and we bought our very first property within like a week or two after reading
this book.
And this was our first house we owned together.
We bought it.
We lived in the top.
And there was a basement apartment that we rented out. And this was our first house we owned together. We bought it. We lived in the top and there was a basement apartment that we rented out.
And this was our very first house ever.
Look how cool my hair was back then.
It's awesome.
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money.com slash Russell. Um, and, um, no, I was excited. I thought that was my futures buying real
estate and investing and stuff like that. But we had problems. Uh, the problems were, uh, these things called renters. Anyone here ever had renter before?
It was really bad. And, um, it wasn't just one bad. It was like bad thing after another. And
I'm sure you guys all have stories, but, um, after about two or three months in this place,
we're like, we do not want to have renters, let alone in our house living below us because it's
even worse. Right. And I was like, well, that was how I was gonna make money. I got to figure
something else out. Right. And that's kind of got my wheels
spinning. And this is really how I started cutting, getting into the internet business during this
time of my life. Um, but this house, we had to fix it up. So I was trying to do the whole flip
and fix thing. So, um, this is my buddy Nate and I, and we had to learn a whole bunch of skills.
I found this picture the other day. We learned how to, how to do sheet rock, tile painting and
landscaping. We literally went to a home Depot and I was like, I need some tile.
How many?
I'm like, a couple boxes?
Two?
I'm like, sure.
So I got the boxes,
and then me and Nate are stirring up the plaster,
and we're putting it down,
and we're slapping things over,
and all the tile starts shifting and moving around.
So we called Home Depot.
Dude, the tile's shifting.
He's like, how much of the mortar did you put down?
A lot.
He's like, you don't put a lot down.
I'm like, oh. He's like, you need these little things to keep the you put down? Like a lot. He's like, you don't put a lot down. I'm like, oh.
He's like, you need these little things to keep the squares.
So we raced back and bought those little tees to space it out.
But by that time, it already hardened.
And it was horrible.
And the tile was wavy.
And people were tripping on it.
So that was my first flip and fix.
Anyway, it was bad.
It was really bad.
But in theory, you guys understand.
That's how this works, right?
You find a property.
It's beat up. You learn how to tile. You learn how to sheetrock. You learn how to paint. It was really bad. But in theory, you guys understand, that's how this works, right? You find a property, it's beat up.
You learn how to tile, you learn how to sheetrock,
you learn how to paint, you make it nice.
And you go from before to after,
you sell it, you make a ton of money, right?
And, or if you decide you want to keep it,
the opposite of that is you go create a property
and then, or you get a property,
you get in the all nice,
you get a property management company,
you plug it in and then you're done, right?
That was the dream I was told for real estate
was like, literally get a house,
hire a property management company. The house is going to cashflow you a thousand dollars a month. You pay the property management company,
$200 a month, and you get $800 a month for free for doing nothing. Right? I was like, this is the
most amazing thing in the world. Um, but again, we had renters and it wasn't ideal for us in our
marriage. And so we didn't do more real estate after this, but that was kind of, um, the, the
concept, right? So I want to explain that because I'm not talking about real estate after this, but that was kind of the concept, right?
So I want to explain that because I'm not talking about real estate with you guys,
but I want you to understand that these principles, these concepts are the same when we start transitioning over to virtual real estate.
Okay, with virtual real estate, the goal I'm trying to do is try to create these funnels,
create these little funnels that I can go and I can create them and I can create them quickly.
I create them in a weekend.
I create them, you know, over a couple of day period time.
I set it up, right? I set it
up and then I go and I hire a Facebook ad agency, just like a property manager thing. They drive
ads to it and I'm done. I walk away and hopefully this thing cash flows a hundred bucks a month or
500 bucks a month or a thousand bucks a month, depending what the offer is. Right? And for me,
when I got started, literally my potato gun offer, you guys have all heard the story a bajillion
times, but that was my mindset. I was like, I know the potato gun thing's not gonna be the biggest thing in the world, but if I can get
this thing making some money and a second one and a third one, these are like real estate properties,
only they're digital. And there's no renters. There's no plumbing. There's no broken tile.
I just set it up. I buy some ads and it just runs itself. Right? So with the potato gun product,
my initial goal, or not my initial goal, but this one was making me, when we first first launched about 30 bucks a day profit. And I was like, Oh my gosh, this is the
coolest thing in the world. And I remember about that time, um, is when I started thinking bigger,
right? I'm like, I want to make a million dollars. How do you do that? And so I remember sitting down
one day with a calculator. I said, a million dollars divided by 365. I was like, what would
take to make a million dollars in a year? So I did the math. If you take a million dollars divided
by 365, it equals $2,739.73 a day.
Literally the best number in the world.
And that was my goal.
I said, okay, well, I'm making 30 bucks a day off my potato gun site.
If I had another one that makes 100 bucks, another one makes 200.
And eventually I get a portfolio of these things, just like people do with real estate.
If I get a portfolio, collectively this portfolio might go to the point where it's making me a lot of money.
Right?
And that was my initial goal when I got in this business. That's why last year's Funnel
Life Lab, I showed you guys I launched over 150 different funnels. This is what I was doing. I was
creating one here and creating one here. We're trying to set up these little properties. And
what's cool is that some of them made really good money. Some of them flopped, but collectively as
a whole, a bunch of them did. And then from that process of trying this one and trying this one
and trying different ones, that's when the bigger opportunities started coming.
Where all of a sudden I got better.
My skillset got better.
I built better funnels.
Different opportunities came.
And eventually I wasn't just building little duplexes.
I started building mansions and started building things like this.
Right?
But I learned it.
I got my skillset by doing these little virtual real estate properties.
Okay?
And so that's something I wanted to kind of propose to you guys to start thinking through those who are in this phase Like what can I do?
What little things I create that I can literally get it built out in a weekend
Set it up get a facebook ad agency and I can step back and this thing cash flows me 100 bucks or 500 bucks a month
And I can do that again and just have some fun with this. That's like cool to dive a little deeper into that
Okay
So we're talking about real estate the tools you gotta learn you have to learn how to do sheet rocking and tile and all these
Things to get a house, right?
Okay in virtual real estate the tools you have to learn. You have to learn how to do sheet rocking and tile and all these things to get a house right. Okay.
In virtual real estate, the tools you have are all the things you guys have been learning about.
Okay.
Everything you learn here at Funnel Hacking Live, everything you learn about when you read my books,
like these are the tools you have to become good at.
Right.
Catherine did a session today on funnels.
It's like this is the tool set.
This is the skill set you got to learn.
Just like you got to learn to do tile if you're doing a house, you learn to build a funnel.
Okay.
Jim talked about copy.
That's why we did the copy workshop.
Right.
If you get good at copy, that's a tool you're gonna be using to build all these sites,
design ads, traffic. These are all the different tools that we can use. Okay. And so, um, over the
last four or five months, I started having some fun with this. I knew I wanted to talk about this
funnel hacking live this year. So I was like, I'm going to go and create a whole bunch of virtual
real estate properties. Um, just for fun, just to show you guys as case studies. And so I'm going
to show you guys some, some of them are done. Some are partially done. Some of them are all sorts of different places,
but I had so much fun creating these things. Um, so one of the first things I did is I was like,
I need to go find, um, things that are for sale. I don't want to create something from scratch,
right? Like I don't go in, I'm not going to go build a house from the ground up. Cause then I
got to be like, become a contractor and stuff like that. I was like, I want to go find a house.
It's for sale. I'm going to buy it and fix it and either flip it or sell it or whatever I'm going to do. Right? So there's two
places I went to initially to go buy websites really, really quickly. And these are two that
are awesome. So one of them is flippa.com and flip is a whole marketplace with tons and tons of
people selling websites. The other one is called Shopify exchange. And there are like, I think
10,000 people who started Shopify stores, don't understand funnels or don't understand traffic
or understand ads or copy or all the things you guys guys know they did all the hard work to go and find the offers
contact the the places get all the whole like the drop shipping stuff get everything finished
and they can't figure out how to drive traffic or make any money and so they sell them on the site
and so i literally spent hours just going through like oh i could buy that one oh and that one like
oh and there's tons of them and most of these people again they do all the hard work getting
the the website, the Shopify
store done and ready.
And then they don't know what to do with it.
Like, uh, I'm going to sell it for a thousand bucks, 500 bucks, 10,000.
Like there, there's all sorts of pricing.
Um, so these are two places I went to and you guys can go there and just geek out and
like look for cheap virtual real estate.
Okay.
And so that's kind of what I did initially is going to both these sites and start having
some fun.
Okay.
And then my goal is to go through
and look at these things and find a property
that I can look at and say,
hey, my skills that I have right now,
I know that I can actually get this thing to look good.
Right?
Now, some of these sites are horrible and they're ugly,
but some of them, I'm like, this site,
like, I get this, I can make money with this one.
Okay?
And so for you, what my goal is gonna be for you guys
tonight or this weekend is to go to these sites
and look through them and just see, like, based on what you've learned this weekend, like, what are goal is going to be for you guys tonight or this weekend is to go to the sites and look through them and just see like based on what you've learned this weekend, like what are
the things you can take and you can grab and you can start tweaking with. Okay. Okay. So I'm gonna
go through different sites and some of the fun projects I've been working on in my free time
over the last couple of weeks. Okay. Case study number one. I've always wanted to start a tie
company. So I spent two years in New Jersey knocking on doors and I had to wear a tie every
single day. And so when all, like you're wearing a white shirt and tie every single day, your tie
is the only like color you have. And so like ties became something we would trade, we'd barter and
like we'd fight over different ties, right? So we love good ties. And I remember I had this
companion who was with me on my mission out there. And he used to always say this thing,
he'd come out in his new tie, he's like, check this out. I'm flossing this new tie.
I was like, what? You're flossing a new tie? He's like, yeah, I'm flossing this new tie. And every
day he'd come out and he's like, I'm flossing this new tie. And so I always wanted to start a tie
company talking about flossing ties. And so I wanted a tie company, but I don't know how to
start a tie company. I don't know any of these things, right? And so as I started going through
trying to find websites, in the back of my mind, I've always known that I think it'd be fun to start a tie company. I don't know. I know any of these things, right? And so as I started going through trying to find websites in the back of my mind, I've always known that I think it'd be
fun to start a tie company someday. So I started going through and I started looking at all the
things I've been learning. And a couple of things that I've learned at funnel hacking live, uh,
Perry Belcher spoke at a funnel hacking live and he showed his funnel. Have you guys seen this
funnel before? This is funnel where he gives me credit card knives, but on the back end, he sells
access to a membership site. This was another one
of Perry's sites. Perry had a custom suit company. They said high-end custom suits. And he wasn't
driving traffic directly to the suit company. Instead, what he would do is he would go and he
said, the people that wear custom suits, they also happen to want what? Cufflinks. So he's like, I
made these cufflink funnels, like give away free cufflinks, ran Facebook ads to people who got free
cufflinks. And then those leads came in and they started buying custom suits. I was like, sweet, because I don't want to drive ads to a tie
store. That seems kind of hard and weird. And so as I was going through Flippa, and I was scrolling
through, all of a sudden I saw this site that was for sale. And this was the site. It was called
dimpleclips.com, I think. And I looked at Dimple Clips, and it was for sale for 19,500 bucks.
And these little clips you put on a tie,
and whoever wears a tie,
you know when you tie your tie right,
and all of a sudden you get that cool dimple,
and you look like you're amazing?
Like, that's like, yeah, you have to do double winds,
or you get the tie, and it just like,
it pops and makes it cool.
So this dimple clip, even if you tie a horrible knot,
you throw this thing on, and boom,
that fast you've got a dimple,
and you look amazing, right?
And so I saw it, and I'm like, that's pretty cool.
But I was like, but I don't know if I want to pay 20 grand to invest in this idea that I don't even know if it's a good
idea or a bad idea. So I went to the site to go see like if it's actually selling what it looks
like. So I went to the site dimple clips and the very top, there's a little button that said
wholesale. I was like, oh my gosh, I can buy this stuff wholesale. I don't have to pay him 20 grand
to buy the entire company. I could just buy the things wholesale. So I clicked on the wholesale
thing and sure enough for $399, I was able to get 1500 dimple clips that I can then take. So total
investment in this business, I'm in 400 bucks. I buy the dimple clips. We give ship to our office.
My entire team's like, why in the world did you buy 1500 dimple clips? I was like, cause someday
I want to sell ties. And I know that people who buy dimple clips, guess what they want to buy?
Ties, right? So now we're in business. Uh go in really quickly. We set up a site called flossandties.com. I said, we're going to give
away the dimple clips on the front for free plus shipping. After someone gets that, then we're
going to upsell some ties. I call Bart Miller because Bart's the one who dresses me for Funnel
Hacking Live. I was like, dude, Bart, do you know who sells ties? And Bart's like, yeah, I know lots
of people sell ties. I'm like, cool. Can you ship me six ties? And he's like, yeah. So then he ships
me six ties. And then we put that as the upsell. And guess what? And like, I don't know, lots of people sell ties. I'm like, cool. Can you ship me six ties? And he's like, yeah. So then he ships me six ties. And then we put that as the upsell.
And guess what?
In like, I don't know, eight hours?
We're in business.
We are in the dimple clip business.
We are selling these things.
And now we're driving ads to it.
People are coming.
They're buying the dimple clips.
We order for them, bump them, a whole big old pack of dimple clips.
And then the upsell number one are these ties.
Now these ties, are they awesome?
I don't know.
I have no idea.
I don't know if they're going to sell or not. The good news is I only have one of each. So I'm just
testing the market right now to see if people want them. If people say yes to these ties, I'm like,
hey Bart, give me 2,000 more of that tie because everyone's buying that and we sold a whole bunch
of them. If nobody buys them, then I'll try to find some more ties or do something else or we'll
just shut this thing down because I'm in 400 bucks at this point and a couple hours of work.
Okay, virtual real estate. After we get the thing finished, we're gonna go
get a Facebook ad agency. We're gonna plug it in and this thing will run autopilot and I'm in the
tie business. How many here, people here actually run a Facebook ad agency? Raise your hands.
Kevin, look around. These are the people you can partner with. These are your property managers.
You just finish the funnel, you hand it to them and then they're done. Okay. There's a lot of
Facebook ad agencies inside of our community here, right? We hand it off, we hand it to them, and then they're done. Okay? There's a lot of Facebook ad agencies inside of our community here.
Right?
We hand it off, we plug it in, and boom, we're in business.
And this thing, I don't know what it's going to do yet.
We just got this done last week.
My team's like, we're literally in the middle of Fun Hockey Live,
and you want to launch a Thai company.
I'm like, yes, of course I do.
So we launched this thing, and again, I don't know what it's going to make.
It might be 500 bucks a month, might be nothing, might be 10,000 bucks a month.
And maybe this one hits, and we're like, oh my gosh, we're're in the thai business let's go deep we may build a huge company off it
but probably not but maybe right this we have to understand so many of you guys are sitting back
and you're waiting you're waiting for your click funnels you're like okay someday i'm gonna get
the idea it's gonna be amazing and you're like creating these courses these buttons insane stuff
and you're waiting and you're waiting you're waiting it's like we gotta get you in the game
like this pay 400 bucks let's get in the game and start playing this game because you're waiting and you're waiting and you're waiting. It's like, we got to get you in the game. Like this pay 400 bucks is getting the game and start playing this game because
you're going to learn so much stuff. Even this fails. What did I learn? I learned like how to
find an offer, how to find some products, how to create an upsell and a downsell. You learned how
to use ClickFunnels, how to drag and drop things. I learned how to connect a shopping cart to the
actual funnel. And when someone buys it, how to ship them out the product. Like I learned all
these things with the $400 investment. It's not that scary, but now I can see if it's going to work.
Okay?
Again, I told people before, like,
ClickFunnels was my 150th funnel that we launched.
Okay?
If I would have waited for this to be the very first funnel I would have launched,
I never would have been worthy to find this.
Does that make sense?
It's because I tried the first thing and the next thing and the next thing.
And as I did that, as I was in momentum moving forward,
new opportunities came to me.
Better ideas came to me.
Different things came to me. Okay? And so for a lot of you guys, this is some of the stuff you can start thinking about momentum moving forward, new opportunities came to me. Better ideas came to me. Different things came to me.
Okay.
And so for a lot of you guys, this is some of the stuff you can start thinking about.
Just have some fun.
Just to practice.
Okay.
I told my potato gun story all the time because that was just something for me to try out and to test.
If it failed, it wasn't like I was a failure.
Like it turns out no one wants potato guns.
Turns out no one wants dimple clips.
But what if they do?
I don't know.
Okay.
There's one example.
All right.
Let me show you another example.
This one I'm going to go deeper into, um, on day three. Um, I, I'm gonna tell you everything,
but this is not a fun one. So, uh, we started a site called burlapable.com and this came back
cause, um, I was hanging out with Alison Prince. How many of you guys know Alison Prince? She's
one of my favorite people in the world. And Alison's got this really cool software. That's
a trend generator. And so it shows you different trends. And,. And I was like, I want to build some virtual real estate.
Give me a trend, Allison.
And she's like, okay, burlap's hot.
Bags are hot.
We should make a burlap bag.
I'm like, sweet.
How do you do that?
And she's like, well, there's a wholesaling site.
So we found a wholesaling site that sells burlap bags.
We grabbed the bags.
We threw them up on our website.
And within 45 minutes, we had burlapable.com selling burlap bags.
We started driving traffic.
And guess what?
It's making money.
And we'll tell you more about this later because we're going to go deeper in this case study.
But again, this was just a thing.
And I take it, set up an ads agency
and this thing can start making money
all day, every single day.
And my total investment was a couple hundred bucks
to buy some bags.
And now we're in business.
Okay, here's another fun one.
This one goes into licensing.
Here's ever heard of licensing before?
Okay, licensing is where somebody else
did all the hard work
and then you pay them to be able to just have it all
for free or
for really really cheap so
um
I wanted to build a chicken coop product because somebody told me that they made a bunch of money with chicken coops
Um, I was like are you serious? Like that's amazing. So I bought chicken coop secrets.com
But I was like, but I don't know anything about chicken coops
um
My wife keeps trying to get me to like buy chickens and i'm like I don't want chickens
She's like, but we can have our own eggs. I'm like, I don't want chickens. And, um, she's like, but eggs get
really, really expensive. And I'm like, but I don't want to know chickens that creeps me out.
So I don't know anything about chickens. So I'm like, I don't know how to create this product,
but maybe someone else has already created a product on chicken coops. And so I went to
clickbank.com and in ClickBank, there's a marketplace of like hundreds of thousands of
funnels. And, uh, it's cool thing is Click is ClickBank, the marketplace like shows you based on what's selling the best.
So this is a secret.
The first page, those guys are making tons of money.
Do not contact them.
The second page, third page, fourth page, it's like the 40th page.
Those dudes are making no money right now.
Yet they did all the work.
They create the product, wrote the sales that have the upsells, have the downsells,
but the product doesn't sell anymore.
So I went to ClickBank.
I typed in chicken coops in the thing
and a whole bunch of things popped up,
a whole bunch of different offers.
And so I went to every single one of them
and I messaged every single chicken coop site.
And I literally said,
hey, can I license your chicken coop product?
And this dude, Johnny Wang, rolled back
and Johnny said, hey, what's your proposal?
I was like, sweet man,
I'll give you a thousand bucks to license your product
and the sales copy. He said, sounds good. What's the timing? I said,
it's in perpetuity and we signed a contract and that fast I got the entire product and for a
thousand bucks I'm in business selling chicken coop plans. And that's licensing. Okay. Now what
I do, I grab that, throw up a Facebook ad agency, step back and who knows? I don't know if it's
going to make a hundred bucks a month, 500 bucks a month. I'm in business. I grab that, throw it up at Facebook ad agency, step back, and who knows? I don't know if it's going to make $100 a month, $500 a month, but I'm in business.
I test that whole process.
Okay?
ClickBank literally is a graveyard.
Hundreds of thousands of dead funnels.
Hundreds of thousands of them.
In every topic you can dream of.
Okay?
This is not the first time I did licensing ClickBank.
We go there all the time.
I try to find something.
Sometimes I need a bonus or upsell or something.
I'm like, ah, maybe someone already created it.
I go to ClickBank.
Oh, on page 46, some dude created something that already does that.
Message him, hey, can I license your product?
And usually somewhere between 500 to a couple thousand bucks, depending on how good it is.
I license the product.
It sells a lot of everything.
And boom, I'm in business.
Throw it into a funnel.
Chicken Coop Secrets.
Let's go.
All right.
Plug in a Facebook ad agency.
And now I'm in business.
Okay.
Are you guys getting this?
Is this fun?
Good. Fix and flips. This is one, I almost feel bad about this story, but so a lot of people ask me,
where do you get all these things coming to you? Sometimes I'm finding them. Sometimes they're just,
as you're in motion doing things, more deals and offers will come to you. So I had a buddy,
we both wrestled at BYU together and we were in the same weight class., so we kind of hated each other because we had to always compete against each other,
but he was really cool.
And anyway, we graduated a couple years later.
I was having some success in business.
He had his own business as well.
And one day, I don't know, something happened, and he got in trouble, and he messaged me.
He's like, hey, man, I need 20 grand.
And I was like, dude, we used to fight every single day.
You're awesome, but I'm not ready to check for 20 grand.
He's like, no, I really need $20,000.
It's an emergency.
I know you got it. Can I have 20 grand? I'm like, no, no. And then, uh,
finally he's like, well, I have this website. It's called Vigon. And he's like, right now it makes,
um, it makes about two or $3,000 a month. If you give me the 20 grand, um, I'll give you the cash
flow from the website for the next 10 months until it's paid off. And I was like, no. He's like, why not?
I'm like, because dude, 20 grand in my pocket today
is worth more than 20 grand over time.
I'm like, but I will buy the website
and the company from you for $20,000.
And he was like, but dude, this is like my livelihood.
I'm like, yeah, but this is my 20 grand.
And so eventually went back and forth and he said, yes.
So I gave him the $20,000.
He gave me Vigon.
We put it on the site and it started making money.
And all it was, if you look at the site initially, actually, it was,
uh, two YouTube videos that drove traffic to it. And that was the site. That's why I was like,
there's no way this is making money. Like, um, and it was, so we went back, we tweaked the site,
got in ClickFunnels, made it look really, really nice. And then I'm like, what other tools do we have? Um, about that time is when Jamie Cross, um, spoke of Funnel Hacking Live in Nashville.
How many of you guys remember when Jamie spoke?
And she did this presentation
called the five minute perfect webinar,
which took my 90 minute webinar.
She shrunk it down to five minutes for e-commerce sellers.
And I was like, sweet.
So I literally took that piece of paper.
If you guys remember this, Jamie spoke about it.
Jim Edwards created a one page piece of paper
that you would fill in, you fill in the paper.
It would take your product
and plug it into a perfect webinar,
the five minute perfect webinar.
We took that, we did it in funnel scripts as a digital version. So I filled out the form in funnel scripts. It would take your product and plug it into a five-minute perfect webinar.
In funnel scripts,
there's a digital version. So I filled out the form.
In funnel scripts, I clicked a button. Boom! It popped out the five-minute perfect webinar for Vigon.
We hired two actors. I had each of them
read the thing while we filmed them telling their stories.
Within a day, we had two five-minute
perfect webinars to sell Vigon. We gave
them to the ads agency. We set it up.
Boom! Now Vigon is back on
and it's selling people these cold store zappers, right?
It's up there.
And now we have a Facebook ad agency plugging it in
and driving sales 24 hours a day, seven days a week.
Virtual real estate.
What?
I'm not gonna show you guys how much it all makes.
This one, I'm more close to my chest on this one
because it's a medical advice.
And anyway, this is gonna be for me a fix and a flipper after we get it up a little bit. Cause I don't, anyway, we'll leave it there. All right. Buy and hold. Now this is what
I'm really excited for. In fact, how many of you guys became it today? You saw on your seat,
a little packet of something called Zuma juice. Okay. So Zuma juice, I talked about this earlier
today. Um, so Zuma juice is actually one of my friend's companies. And he launched this company.
And I remember watching him.
And he was so passionate about it.
He was having so much fun with it.
And he's an amazing copywriter and marketer and everything.
And I remember just watching his journey.
And after he launched this green drink, one of my favorite things was the actual sales video.
And so it's interesting.
I contacted him later.
I was like, dude, that video was so good.
I'm like, who did it?
Like, did you hire the Harmon brothers or something?
He's like, no, here's who I hired.
He's like, but I wrote the scripts and we hired the actors and everything.
And I said, how much did the whole thing cost you?
Because I knew what we had paid the Harmon brothers to do videos like this for us.
And I don't remember exactly what he said.
It was multiple six figures he spent to create this sales video.
I'm going to show it to you guys because this is the reason why I bought, ended up buying this business. Okay. So this is the sales video. I'm going to show it to you guys because this is the reason why I ended up buying this business.
So this is the sales video.
I'll click play real quick and you'll have a chance to see
why this business was so powerful and why I wanted to get it.
Hey, funnel hackers, let me paint you a picture.
You're running a business.
Your funnel's finally converting like crazy
and suddenly it hits you.
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You already know you should be eating more fruits and veggies. Your doctor tells you,
your mom tells you, even the government tells you. One way to get more of the good stuff is
green juice. Do you like yours chunky? I like mine a little chunky. But to get even one sip
of that healthy produce, you have to pass through the three levels
of Health Nut Health.
Shopping, chopping, and juicing.
What about I don't even want to think about cleaning?
Shopping for fresh fruits and vegetables is a pain.
You spend all day cruising the produce aisle, emptying your wallet just to try to fill your
basket.
And when you get home, you still have to chop it. All of it. Is this your kitchen or level six of fruit
and gas? After all of that shopping, chopping, juicing, and cleaning, your reward is a small
glass of sludge. Look, I'm crazy about my health, but I'm not that crazy. The folks
at Zuma Juice had this wild idea that people, you, might
like green juice if it was simple, convenient, and didn't taste like a cow's burp. So while each
glass of Zuma Juice is packed with six different greens and grasses, three organic sprout concentrates,
seven organic vegetables, and 13 fruit superfoods and herbs, it also tastes really good.
And no shopping or chopping required. Just add cold water, shake it up, and you have an energy-packed immune system-boosting green juice that you can take with you anywhere.
You mean like this?
Yes. There are other powdered green drinks on the market, but most of them taste like...
Oh, something that you scraped out of a lawnmower.
Wow, a really expensive lawnmower. Or worse, they have that really nasty synthetic vitamin aftertaste from...
Well, from the nasty synthetic vitamins they add to them.
Zuma Juice has a refreshing natural mint flavor with just a hint of vanilla.
And unlike those calorie-dense juices you get from your juicer, Zuma Juice only has 30 calories per serving, which makes it a perfect drink for in-between meals.
Oh, I drink this every day.
Now, I don't want to sound like your mom, but you really should be getting more fruits and veggies in every day, don't you think? If you want a tasty way to be healthy, feel fantastic, and get energized, order your Zuma Juice now.
It costs a lot less than juice or even those fancy coffee drinks.
It travels easy, kids love it, and best of all, you'll actually want to drink it.
Try Zuma Juice, the delicious green juice with all of the green goodness and none of the yuck. ¶¶ Yeah!
Have you guys ever heard the term of Rembrandt in the attic?
So what that means is basically, like, imagine there's two people going to go purchase a house.
They walk through the house, like, oh, it's a nice house. It's probably worth $250,000.
And everyone goes to the house, but then one person goes to the house and they're
looking through and they go up in the attic and they open it up. And all of a sudden they see
an original Rembrandt. And they're like, oh my gosh, I know the value of that painting. That
painting is worth millions and millions of dollars. And so they come back out and like,
hey, I'll give you $4 million for this house. I'll give you $2 million, right? And then the
person's like, this one's worth $250,000. But for the other person, because they know the value of the house, they know there's a Rembrandt in the attic, they're willing to spend way more.
For me, when I start doing more of this investing stuff, I'm looking for a Rembrandt in the attic.
For me, when I saw this funnel, I was like, that video is the Rembrandt in the attic.
That video is so valuable.
I know how good it is.
I loved it so much, I started using the product.
But then I went to funnel hack it during funnel issue number 18. I went to funnel hack it. I using the product, but then I went to funnel hack it during a funnel, a funnel you, uh, issue number 18. I went to funnel hack. I bought the product,
went to the next page and there was no upsell. There was no down. So there's an order form bump.
There's all these things that were missing. And I was like, the guy's name's Luke. I was like,
Luke, why do you hate money so bad? Like you're not doing any of the things you need to do to
like blow up this business. And over time, uh, the business ran for a couple of years. And then,
um, uh, I don't know all
the details, but I know there was a fight in the partnership or something happened and they ended
up shutting the site down. And it was down for a year or two. And I remember, I always remember
that video. I'm like, man, that video is so good. Like that alone was worth so much money. And so I
started messaging Luke. I was like, hey man, can I buy, can I buy Zuma juice? He's like, why would
you want to buy it? It's dead. I'm like, because that video is so good. And we went back and forth for years.
Like literally a year after I get messaging,
they're like, no, no, no.
And finally, when COVID hit, one day I was bored.
And I was like, Luke, dude, don't you want free money?
Like literally, it's just sitting there
on your hard drive somewhere.
I will give you money.
You can split it with your partners, whoever had it.
And it'll be awesome.
And eventually for about one fifth,
what they spent on the actual sales video,
I was able to acquire Zuma juice. And now what's cool about that is then what's the next step? We
talked about earlier today, I have this asset. It's amazing. The next thing I do is I got to
figure out what is the control today? I haven't run a supplement funnel in seven years. I said,
what's the control, right? We talked about earlier today. What is the control? I got to figure out
how does supplement funnels work nowadays? Right? So I went through, I started going through the whole process.
Um, oh yeah, nevermind.
I was like, that was a slide from earlier today.
I'm getting my slides crossed up.
So I went through, we would start funnel hacking a whole bunch of supplement funnels.
From that, we figured out this is the, this is the control.
This is what all successful supplement funnels are doing today.
I said, okay, now that we know that we need to create a couple of things, right?
We knew this is what the sales page looks like.
The order form bump with the price point is we're upsell number
one, upsell two, the downsells. We knew all the things we needed to create. So because of that,
we needed to recreate the product. The product had been sold for four or five years. We got the
product recreated. Some of you guys got that one. If you had the green Zuma juice, that's the green
drink. But then the upsell path, I'm like, we need upsell. So someone just drank their fruit,
their vegetables. Next thing they need is their fruit. So if you have the red pack, that's our Zuma juice, um, uh, fruits. And so the upsells is our, is the fruits. And so we went through,
we took this control and then we built out, um, every single step in the process. Let me go back.
Um, so sales video took the sales letter order form, uh, upsell down. So again, we just took
the control of what's working. We modeled for, for Zuma juice, put it in there. And, uh, this
is actually, we literally, the, the package you guys got today is the first set of the packets we just got back. So this has not gone
officially live yet. I do believe if you guys want some, there's a postcard with a link you guys can
go and buy it. And if you do buy it, we'll send you guys the share funnel to this supplement
funnel. So you guys can have that and you can use it inside your ClickFunnels account as well.
But again, we got this all done. We did the hard work, got it finished. And now we're going to step
back. We're going to plug in a Facebook ad agency
and it'll just run itself.
Virtual real estate.
And this one I have a lot of hopes for.
I think this one's going to do really well.
But again, I invested this money up front.
I invested about one fifth of what I would invest
in a rental property.
And this thing will cash from me a lot more
than the five or 600 bucks
that a rental property probably got me.
And it's a little bit bigger project,
but so much fun, so exciting.
Because I was looking for that thing.
I knew that that sales video
was something I could turn into something bigger.
When you guys start looking at these sites
and start looking for opportunities,
there's gonna be things like,
maybe you're really good at doing webinars.
You see something like,
oh, if I just plugged a webinar into this business,
I could blow it up.
Or maybe like, oh, I need a challenge funnel.
If I could plug a challenge funnel.
Or like, the copy was horrible.
I'm gonna copyright it.
If I just do the copy, I could make it better. Or maybe it's the designer. Maybe it's the flow. But you're just looking for like, oh, I need a challenge funnel. I can plug a challenge funnel. Or like, the copy was horrible. I'm going to copyright it. If I just copy it, I can make it better.
Or maybe it's the designer.
Maybe it's the flow.
But you're just looking for like, what are the skill sets you guys have, right?
Do you know how to add tile, how to add paint, how to do something like that?
If you can figure out these skill sets we're teaching you, you can go to any of these businesses
and start plugging things in and get things working really quickly.
And it's so much fun.
Okay, I think I have one more or maybe two more I'm going to show you guys.
The next one is a company called Aubon Broth.
And this one's not live yet.
But how many of you guys have ever seen me drink bone broth?
In fact, here's a picture of me drinking my bag of bone broth.
Okay, if you follow me on Instagram,
I met this lady who is,
she's written like five or six books on bone broth.
And I was at a mastermind meeting with her
and she was like bouncing off the wall.
She was so excited about everything.
And she's a doctor.
She says, I'm a doctor. She's like, no matter what somebody
comes, when they come to me, the only thing I prescribe them is bone broth. I don't care what
it is. I give them bone broth. I'm like, what? And she's like, yeah, here's everything. Fixes
everything. Two cups of bone broth a day will change your entire life. And I was like, are you
sure? Because that seems really weird. And she's like, no, I swear. But she's a doctor. So we
believe doctors, right? So I was like, all right, well, if you're, if you're that excited and uh she's like she's like me 10 years ago i was tired i was depressed i had all
these problems she's like i started drinking bone broth and changed myself as well and so i got
excited i went to go buy bone broth and i bought a bag of bone broth and i drank it and it was
disgusting i was like oh my gosh this is not worth any amount of health and i tried another one and
another one and eventually i found this company all bond broth i started ordering i drank the
first one i was like oh this actually tastes good and was so excited. And so I used to buy this
frozen bone broth. My poor wife, I'd fill our whole freezer full of thousands of these bags.
And every morning I thought I went out and I drink it on Instagram. And everyone's like,
you're literally just drinking bone, like bone broth out of a bag. I'm like, Oh yeah,
that's why I have this much energy. That's why I'm so excited. So I look like I'm 12 years old.
I'm actually 60, but this bone broth has made me so young. Um, anyway, literally obsessed with this stuff. You can ask anybody. My whole office is
like, you're so weird, Russell. Like nobody else drinks the bone broth out of a bag. And then in
the middle of Corona, I tried to order some more and guess what? It was gone. They're out of
business. I was like, dude, need some bone broth. Like you can't, I'm like, you don't understand.
Like I'm addicted. Give me some bone broth. Like people bone broth like people it's like um untangled when the old lady when she doesn't sing the song she starts getting
all like i'd be out here on funnel hockey live like 90 year old he's like what happened to russell
like the bone broth give it to him so anyway i kept messaging trying to get a little company
finally get a hold of the owners and said hey kobe here we had some problems and um supply chain
management and we had to like shut the company down. I was like, oh my gosh, like, dude, like I love you guys' product. Like we love it too,
but unfortunately like this is kind of where we're at. I was like, okay, this is the deal.
We need to bring this back. What's it going to take? And he's like, well, you know, we're out
of money, we're out of stuff. Like, like we need to like, you need to order it again, all sorts of
stuff. I said, okay, how about this? I'll be your business partner. I'll finance the whole thing. We'll
get it back up and running. And then we're back in business. Um, and like, seriously,
it's been negotiated back and forth. And, um, uh, they ended up giving me, uh, the majority,
um, a big majority of the company. So I'm the majority owner of the company now for free.
Didn't cost me a penny other than I was in charge of getting, uh, the production back online and
then building out the funnel and then launching it. And so it didn't cost me a penny other than I was in charge of getting the production back online and then building out the funnel and then launching it.
And so it didn't cost me any money outside of the hard cost to get the business back
up and running.
And then the next step was like, hey, now I'm selling bone broth again.
What do I need?
What's the control?
How do we sell bone broth?
So we went and funnel hacked every single bone broth, every single similar funnel we
could find.
We figured out here's the control, what's going to work.
And then we started going through and building out the actual funnel.
The funnel is almost done.
We're hoping in right now in the production of actually making all the bone broth
and things like that. And we're hoping about two months now it'll be done and we'll be launched
and live. And then guess what I'm going to do? I'm going to step away from it. I'm going to plug
into Facebook ad agency and boom, bone broth will be paying me for the rest of my life.
And that is how much fun these things can be. You guys getting this? So much fun. Okay. I got one more. And this is one for those of you
guys who are like, this is all really fun and exciting, Russell, but I have my core company.
I'm trying to focus, which is good. We all should be focusing. This is like my, let me unfocus you
for a few minute presentation. I apologize, but I know how you all are. You're like me.
You like the shiny objects. So these are some shiny objects. So this is one for those of you
guys who are trying to focus. This ties back a lot with what Kaylin talked about earlier today,
right? You can also do this with your core company to figure out different ways to bring more people
in. Okay. So virtual real estate to grow your company. So a little while ago we were doing,
for our two Comma Club X members, we were doing an event in Boise. This is probably two months ago,
talking about physical products and things like that. And I showed this case study of Perry Belcher. How many of you know Perry Belcher? Perry's awesome.
One of my favorite people. And he has this site, I think it's ceohats.com or freeceohats or
something. And on the site, he sells CEO hats. His hat says CEO on it and that's it. And I remember
seeing it. I was like, that's weird. So I bought it and there was no thank you. There was no like,
there's no funnel or anything. And I was like, Perry's a. So I bought it and there was no thank you. There was no like, there's no funnel or anything. And I was like, like, like Perry's a genius. There's something
behind this week. What are you doing? So I call him. I'm like, dude, I buy your CEO hat. But like,
how are you making money in this deal? Because literally there's no order form bumps or upsells
or downsells or anything. And he said, Russell, guess who buys CEO hats? Like who? It's like CEOs.
Like, oh, he's like, this attracts all the best CEOs to me. And my goal is not to make money really quick in a funnel.
My goal is to get a list of CEOs and I sell them seminars and coaching and masterminds.
I was like, oh, Perry, you're so smart.
So smart.
So I was showing this at our little Two Comic Club event, Two Comic Club Exit members.
And as I'm on stage sharing this case study, I was like, dude, I should make some entrepreneur
stuff and self-entrepreneur.
I have ClickFunnels stuff, but my guess is if you buy a ClickFunnels shirt,
you probably already have ClickFunnels.
Am I right?
So I was like, crap, like I need shirts that aren't entrepreneur,
but shirts or hats or things that aren't ClickFunnels,
but one step further out, like outside the market, which are entrepreneurs.
And all of a sudden I was like, wait a minute.
I remember I bought this entrepreneur shirt back in the day from the site.
And I'm like, what's the site?
What's the site? It was like startupdrugs.com. And I was like, oh my gosh, I went I bought this entrepreneurship back in the day from the site and I'm like, what's the site, what's the site, and it's like, startupdrugs.com
and I was like, oh my gosh, I went to startupdrugs.com, went to the site
and guess what? It was gone.
I was like, what?
And so I went back to the Wayback Machine, which is
if you go to archive.org, there's a thing called the Wayback Machine
and you put in a URL and it shows you all the
snapshots of that website from the beginning of time till now.
So I went back in time till I found someone with the contact
information and I realized Maxwell Finn,
who's one of our two comic book winners, was the old owner of the site. So I
messaged him on Instagram. I'm like, dude, you own the site. Can I buy it from you? And he's like,
I can't. I sold somebody else. I'm like, who'd you sell it to? So he told me the guy sold it to. I
called that guy up. Can I buy the site from you? There's over a hundred different, sorry, I thought
the next slide. There's over a hundred different entrepreneurs, t-shirt designs that were done.
They're amazing. And I was like, can I buy it from you? And the guy's like, uh, sure. He's like, I set it up like six months ago and I
think I forgot to pay the hosting bill because, um, I just went to the site and it's down. I'm
like, Oh yeah, sweet. Can I buy it from you? And, uh, really quickly we acquired the site.
Um, it's not officially live all the way right now, but we purchased this with the goal of now
we relaunching these t-shirts. I have over a hundred different entrepreneur t-shirt designs.
I'm going to be selling and guess what happens? An entrepreneur is going to see the shirt.
They're going to buy the shirt. And then guess what I'm going to be able to tell this entrepreneur
about? Funnels. You need a funnel. You need to read dot-com secrets. You need to get click funnels.
You need to be showing up here. And so that's why we made this acquisition because now I can use this
as lead generation to get more people in. This is way easier than me writing another book.
I just wrote a hundred books, but they're all just t-shirts. I get more people in. This is way easier than me writing another book. I just wrote a hundred books,
but they're all just t-shirts.
I can bring people in on these funnels as well.
Okay.
And we're kind of tweaking.
We're taking that.
We're doing this really cool thing
where t-shirts are going to be competing.
Anyway, a lot of fun things,
but people are going to come in on the startup drugs,
buy t-shirts,
and then from there we'll push them into ClickFunnels.
And then after that's done,
set Facebook ad agency to sell t-shirts
to get people in our world.
So this is how we're using
these principles, you guys.
Number one is like
to get us into momentum.
Get us started.
Get us creating different things, right?
Number two is that
you start finding more opportunities.
Number three,
plugging them into your existing opportunities
to grow them faster.
There's so many fun things.
But I want to recommend for you guys,
this is your homework assignment
this weekend
when Fun Hockey Night Live is over.
Is I recommend, even if you're not going to buy any sites,
just as an exercise in the skill sets
you've learned over the next four days, right?
Go to either flipa.com or go to the Shopify.
If you Google Shopify Exchange, this site will show up.
And just look at different things
with not a goal necessarily to buy them,
but to look at them and say,
which one of these things has Rembrandt in the attic
that I understand, that I can do something for, right?
I was in Myron's session.
I learned about selling.
I could really easily take this offer on page 42.
If I took that and I took some of these sales principles I learned from Myron,
like, boom, that could be the thing.
We were over here, like, this is a Shopify store.
They just need a funnel.
If they had a funnel, this thing would actually have made money, right?
I can do a funnel.
Like, tomorrow, next year, you'll hear Braven talk about supplement funnels.
All the different people that we talk about things over the next couple of days, like taking challenge
funnels or this or that, and you're taking these different pieces and applying them to some of
these things. And just look at it from like, as a consultant, if you were a consultant trying to
consult these businesses, like what are the tools that you guys have gained over this weekend that
you could plug into these things? For some of you guys, there's gonna be some crazy deals. You're
gonna buy a t-shirt site or a supplement store or a tie thing, whatever might be interesting.
Some of you guys, this will be a new business for you.
Some of you guys, it's just gonna be you flexing
this muscle of creativity of like, okay,
I learned all these things.
How would I apply to that business
and that business and that business
until you see like, oh my gosh, that's the one.
I could actually do something really cool with that, right?
And so that's what virtual real estate is.
That's what I wanna share with you guys
just to get the wheels in your head spinning.
There's your homework assignment this weekend,
is to go there, put on your funnel consultant hat, and try to figure out how you would do it,
what you would do, and have some fun with it. Act like they paid you to be a consultant,
and then build out a funnel, like build out a map, like I do this, I do this, I do this,
and who knows, maybe one of these businesses is the right thing for you. So that is how you
build virtual real estate empires, by flipping, fixing, and investing in small cash flow funnels. You guys enjoy that?
Ah, very cool, very cool.
All right, I hope you guys enjoyed this episode of the Marketing Secrets Show.
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