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Build A Lucrative Business With No Ideas, No Money, and No Expertise with Dane Maxwell

March 23, 2020

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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Apple | Spotify | iHeart

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

ClickFunnels: With ClickFunnels’ new One Funnel Away Challenge you can have your funnel up, running, and optimized in just 30 days! Join the next One Funnel Away Challenge for just $100 at EOFire.com/funnel!

ZipRecruiter: See how ZipRecruiter can help you find the best candidate fast at ZipRecruiter.com/fire!

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:
  1. The Surveyor
  2. The Tiller
  3. The Planter
  4. 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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