Dane Maxwell was fired from his internship at Ernst and Young, went on to fail at 11 businesses, learned what worked, taught what worked, created 15 millionaires, became a singer-songwriter, and recently released his 3rd musical album. He is here to share all he has learned to create passive income and financial freedom.
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Resource
Start From Zero Podcast – Check out Dane’s new podcast and grab your free gift!
Start From Zero Podcast Email – Subscribe and listen to Dane’s podcasts, leave an honest rating & review, and you’ll get a chance to have a one-on-one chat with Dane! Just send him an email with the screenshot of your honest rating & review :)
3 Value Bombs
1) The only person who matters – who you should talk to about your business – is the customer you want to sell to.
2) As an entrepreneur, you do not trade time for money; you trade time for equity.
3) The more you listen and the more humble you are, the more successful you will be
Sponsors
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Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: Build A Lucrative Business With No Ideas, No Money, and No Expertise with Dane Maxwell
[1:13]– Dane shares something interesting about himself that most people do not know.
- He is nerdy and passionate about having a healthy mind, and he easily spends 6-figures a year being in therapy for business, personal, and relationship issues. He finds it’s the highest ROI for both happiness and income.
[3:22] – What is an income stream, and how does one go about creating it?
- The breakdown for creating an income stream:
- Find the Customer.
- Find their Pain.
- Deliver the Solution.
- Make an Offer.
- If you want to have an income stream-brain, you have to do the CPSO consistently. Then you will be able to explain a business to just about anybody.
- The only person who matters – who you should talk to about your business – is the customer you want to sell to.
[7:03] – Dane talks about his process for finding profitable ideas.
- Always look for the pain that someone is actively trying to solve.
- An entrepreneur must have 4 different brains to become a powerful and profitable creator:
- The Surveyor
- The Tiller
- The Planter
- The Gardener
- One major product killer is the person actively trying to solve this problem.
- Make sure not to ask the users to change their behavior.
[13:38] – Dane talks about how you can solve the problems you find when starting up a business.
- The basic essence of the business is the customer who uses a mechanism to get a result.
- As an entrepreneur, focus on customers and their results, and outsource the creation of the mechanism.
- Do not trade time for money; trade time for equity.
- Start From Zero Podcast – Check out Dane’s new podcast and grab your free gift!
[20:10] – A timeout to thank our sponsors, ZipRecruiter and ClickFunnels!
[20:38] – How do you grow product revenue?
- Become a master storyteller; tell stories of your customer’s transformation and results.
- The Storytelling Framework:
- Before, During, and After.
- Find the right channels to tell your stories – where your perfect customer is hanging out.
[26:13] –Dane talks about the mindset and transformation required to be successful
- If you are struggling to take action, it is because of what you think of yourself.
- The worst thing that you believe about yourself is only a thought.
[28:00] – Dane’s parting piece of guidance
- The more you listen, and the more humble you are, the more successful you will be
- Start From Zero Podcast – Check out Dane’s new podcast and grab your free gift!
- Start From Zero Podcast Email – Subscribe and listen to Dane’s podcasts, leave an honest rating & review, and you’ll get a chance to have a one-on-one chat with Dane! Just send him an email with the screenshot of your honest rating & review :)
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!
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