Latest / Influencer Confidential / What Every New Creator Should Invest In #304
Transcript
- 0:00Speaker 1: Welcome to Influencer Confidential by Sidewalker Daily. My name is
- 0:04Speaker 1: Nina Zeta and I will be your host. I love
- 0:07Speaker 1: working with brands and influencers on all things business strategy.
- 0:11Speaker 1: Are you ready to learn what it takes to work
- 0:13Speaker 1: in this influencer industry and see behind the current Well,
- 0:16Speaker 1: let's jump in. As a creator, you're going to be
- 0:23Speaker 1: faced with a lot of decisions and what you should
- 0:26Speaker 1: be investing in. And this video or episode, if you're
- 0:29Speaker 1: listening as a podcast, is personal because as an entrepreneur,
- 0:32Speaker 1: we are constantly making decisions and what we're investing in.
- 0:35Speaker 1: I've been an entrepreneur, you guys, forever and ever, and
- 0:38Speaker 1: I've had many lives in the entrepreneur world. But some
- 0:42Speaker 1: of the best advice I actually got was from my dad,
- 0:45Speaker 1: and it was something I want to share with y'all,
- 0:46Speaker 1: which is basically, like invest in things that make you money. Now.
- 0:50Speaker 1: I know that seems like silly, because anything arguably can
- 0:53Speaker 1: make you money, right, Like if you had a good
- 0:55Speaker 1: camera or these things, they can make you money. But
- 0:57Speaker 1: I think what he meant more was like, if you
- 0:59Speaker 1: had to chew, if you have to make choices, what
- 1:02Speaker 1: is going to be the biggest ROI bang for your
- 1:04Speaker 1: buck and what is directly related to revenue generating activities. So,
- 1:08Speaker 1: for example, if you had to choose between like a
- 1:10Speaker 1: coworking space to pay monthly rent at an office, or
- 1:13Speaker 1: a marketing team or ads like that is more closely
- 1:17Speaker 1: related to making money. Now, obviously having an office and
- 1:20Speaker 1: sound work and a space, it's not that that won't
- 1:23Speaker 1: make you money, because for some people it will, and
- 1:25Speaker 1: everyone here has a different story. But however, if you
- 1:28Speaker 1: were to look at the degrees of separation, investing in
- 1:30Speaker 1: something like a resource that is more revenue generating will
- 1:34Speaker 1: probably have bigger bang for your buck. So what I
- 1:37Speaker 1: want to go through are some things that you know
- 1:39Speaker 1: we have invested in as business owners, also things that
- 1:42Speaker 1: we believe you should be investing in as a creator,
- 1:47Speaker 1: and then things that maybe you just wait. It's not
- 1:49Speaker 1: to say like don't invest in it, but just wait, like,
- 1:51Speaker 1: for example, a logo, do you really need to spend
- 1:53Speaker 1: money on a logo on day one? Like truly you're
- 1:56Speaker 1: not even anything yet, Like do you need the logo yet?
- 1:59Speaker 1: I don't say that design is not important. We have
- 2:01Speaker 1: a whole company built on design. But even my business
- 2:04Speaker 1: partner and I have run a very successful company and
- 2:06Speaker 1: our logos has not been updated. It's not like a
- 2:09Speaker 1: major priority. So it's just thinking about things a little
- 2:12Speaker 1: bit realistically. So back to this idea of like, spend
- 2:14Speaker 1: money on things that make you money. Perfect example, we
- 2:17Speaker 1: had a creator who subscribed to our substock. She pays
- 2:20Speaker 1: eight dollars a month to get three brand opportunities to
- 2:22Speaker 1: pitch in her inbox Monday through Friday. That means she's
- 2:25Speaker 1: getting fifteen opportunities a week. That's thirty sixty ninety opportunities
- 2:31Speaker 1: arguably a month for eight dollars. Now let's just say
- 2:34Speaker 1: she gets one brand deal from it. That newsletter paid
- 2:38Speaker 1: itself off times one hundred, right, So it's about thinking
- 2:41Speaker 1: about things like this, like what can you spend on
- 2:44Speaker 1: that's linked to your money. So our paid creator, our
- 2:48Speaker 1: job bulletin board. You guys may be like, I don't know,
- 2:50Speaker 1: I don't know whatever, but like investing in them that
- 2:53Speaker 1: eight dollars a month or eighty for the year. If
- 2:56Speaker 1: that just gets you one brand deal, you're like tripling
- 2:59Speaker 1: your income. So I just want you guys to think
- 3:02Speaker 1: about what you spend your money in that relation. Same
- 3:05Speaker 1: thing with like conferences and events, right, Like, I spend
- 3:08Speaker 1: money to go to conferences. This is a personal decision.
- 3:10Speaker 1: Some people would be like, no, it's not worth it.
- 3:12Speaker 1: It's kind of like the office. But for me, I
- 3:14Speaker 1: know if I go to a conference or an event,
- 3:16Speaker 1: I'm going to leave with a business card. I'm going
- 3:18Speaker 1: to leave with a brand that I want to work with.
- 3:19Speaker 1: I'm going to leave with clients. Like I go there
- 3:22Speaker 1: to hunt, I am very intentional. I'm not just going
- 3:25Speaker 1: there to look at the wallpaper. Right, I'm like, who
- 3:27Speaker 1: do I want to meet? What's the content I want
- 3:29Speaker 1: to shoot? What do I want to learn about? Right? Like,
- 3:32Speaker 1: this year, as a team, we have made a decision.
- 3:34Speaker 1: We are buying tickets, and we have bought tickets excuse me,
- 3:37Speaker 1: and we're going to go to a conference in September
- 3:39Speaker 1: in LA. It's called Create and Cultivate to festival. The
- 3:43Speaker 1: headliners are Alex Earl Emma Greed, and I'm like, I
- 3:46Speaker 1: want to go meet Emma Greed. I want to bring
- 3:48Speaker 1: around my podcast. I want to go meet Alex Earl.
- 3:50Speaker 1: I want to bring on my podcast. Now, well that happens,
- 3:53Speaker 1: who knows. But the idea is is like I'm putting
- 3:56Speaker 1: my money where my mouth is. I'm going to events.
- 3:57Speaker 1: I want to meet brands, I want to meet creators.
- 4:00Speaker 1: I want to go to brand activations. They're also having
- 4:02Speaker 1: like a musical headliner, so it's like kind of conference
- 4:05Speaker 1: fun booths and brand activations and exciting things. I've been
- 4:08Speaker 1: to a lot of great Cultivate events, so I can
- 4:10Speaker 1: vouch for it, but I just want to be in
- 4:12Speaker 1: the room where conversations like this are happening. The last
- 4:16Speaker 1: event that I went to that was a great Cultivate event,
- 4:18Speaker 1: the founder of Poppy was there, like she literally sold
- 4:20Speaker 1: her company for a billion dollars to PEPSI I want
- 4:23Speaker 1: to be in the room with those type of people
- 4:24Speaker 1: because I know something will happen. So for me and
- 4:27Speaker 1: for our business, we will invest in conferences. Now. Is
- 4:30Speaker 1: it going to make my money back right away in
- 4:32Speaker 1: that moment dollar for dollar maybe not. But if I
- 4:35Speaker 1: find someone to bring onto my podcast, or if I
- 4:37Speaker 1: meet a brand that I do a brand deal with,
- 4:40Speaker 1: it is worth it. It is worth it, so I
- 4:42Speaker 1: invest in conferences. I actually have a code for y'all
- 4:44Speaker 1: if y'all want to come to create Cultivate this year,
- 4:46Speaker 1: it is in September. It's for two days. It's in LA.
- 4:49Speaker 1: We have a code Nina Za twenty and it will
- 4:52Speaker 1: give you guys twenty percent off your ticket. I paid
- 4:56Speaker 1: full price, but y'all could get twenty percent off your ticket.
- 4:59Speaker 1: So you want to come to this event. It's four
- 5:02Speaker 1: thousand people, one hundred and fifty speakers. I mean it
- 5:05Speaker 1: is being branded as like a Coachella for business owners.
- 5:08Speaker 1: It's all women. It's a creator event. Like I am
- 5:11Speaker 1: just so pumped. I want to be in that energy.
- 5:14Speaker 1: I know I'm gonna leave with so much knowledge. And again,
- 5:17Speaker 1: if I'm putting my money into it, that means I
- 5:19Speaker 1: think it's worth it, and I think y'all should come
- 5:21Speaker 1: with me. So use that code Nina ze A twenty
- 5:23Speaker 1: for a discount of twenty percent. And if y'all come,
- 5:26Speaker 1: let me know. When it comes to investing as a creator,
- 5:28Speaker 1: lighting I don't think is as important. I wouldn't invest
- 5:31Speaker 1: in it. Natural light that's the key. But audio that's
- 5:34Speaker 1: a big one. But you don't even have to put
- 5:35Speaker 1: that much money. There's so many tools, like we use
- 5:38Speaker 1: the little dji ones. I'll put them in my Amazon storefront,
- 5:41Speaker 1: but you could use whatever there's so many versions. But
- 5:43Speaker 1: audio is important in content, that is for sure, So
- 5:46Speaker 1: invest in that. But the lighting, the equipment, the fancy camera,
- 5:50Speaker 1: leave it at home. Do you know how many creators
- 5:52Speaker 1: are doing literally twenty five thousand dollars brand deals using
- 5:55Speaker 1: their iPhone? Like that is what you need to invest in.
- 5:58Speaker 1: Invest in the iPhone. That was an a list, but
- 6:00Speaker 1: I'm adding it to the list. Invest in a phone
- 6:02Speaker 1: with a great camera. That is what you should be
- 6:04Speaker 1: investing in as a content creator, not the expensive extra cameras.
- 6:09Speaker 1: You don't need that yet. I would invest in things
- 6:11Speaker 1: that help you get to your destination faster. You do
- 6:14Speaker 1: not want to spend months and months and months figuring
- 6:16Speaker 1: something out. So for example, if I wanted to learn investments,
- 6:18Speaker 1: I would just buy a course that teaches me that.
- 6:20Speaker 1: If I wanted to learn Facebook ads and I want
- 6:22Speaker 1: to do it myself, why would I just spend hours
- 6:24Speaker 1: and months figuring it out by a course, Put the
- 6:27Speaker 1: horse blinders on and learn the skill. Now. I would
- 6:30Speaker 1: strongly recommend to not invest in multiple courses at once,
- 6:33Speaker 1: because that is like a dopamine hit and then you
- 6:35Speaker 1: don't even finish them. I always tell my students before
- 6:37Speaker 1: they enroll my program. Are you guys taking another course
- 6:39Speaker 1: at the same time do you have capacity to take
- 6:41Speaker 1: You really give the love to my program so that
- 6:43Speaker 1: you see results. And people are always shocked. They're like,
- 6:46Speaker 1: you mean you don't want us to buy it. It's like,
- 6:47Speaker 1: not that I don't want you to buy it, but
- 6:48Speaker 1: if you're going to do it, do it, like, actually
- 6:51Speaker 1: take my step one. Find the brands, learn how to
- 6:53Speaker 1: get their emails, you know, get their contact, send a
- 6:56Speaker 1: pitch and get the results. Don't take five courses at once,
- 6:59Speaker 1: because then you don't finish. So I am for like
- 7:02Speaker 1: investing in a skill set to learn how to do something,
- 7:05Speaker 1: but don't buy something else until you finish that one program.
- 7:07Speaker 1: I would also strongly invest in your sales assets as
- 7:11Speaker 1: a business owner, so as a creator, like your media kit.
- 7:14Speaker 1: If you need someone to design it, we have professional services.
- 7:17Speaker 1: But I will say again, if you're paying for a
- 7:20Speaker 1: sales tool and that sales tool is getting you money
- 7:22Speaker 1: and helping you revenue generate, it's worth it. It's linked
- 7:25Speaker 1: to your money, right, it is linked to your money.
- 7:28Speaker 1: I would invest in a professional media kit or maybe
- 7:31Speaker 1: our program will teach you how to build it. Yourself,
- 7:33Speaker 1: that's fine, or figure it out on your own, use
- 7:35Speaker 1: another designer. I don't care, but I would invest in
- 7:37Speaker 1: design when it comes to your media kit, not your logo.
- 7:41Speaker 1: Like your media kit is your sales tool, so you're
- 7:43Speaker 1: gonna want to have something that really reflects you. Having
- 7:46Speaker 1: a beautiful portfolio or beautiful media kit. There's money in that.
- 7:50Speaker 1: It's supposed to make you money. It is a sales tool,
- 7:53Speaker 1: so put your money in the things that will bring
- 7:54Speaker 1: you money. Now, people have asked me, what are my
- 7:56Speaker 1: thoughts on investing in a website. Listen, a website is
- 7:59Speaker 1: the front door of your business. But if you don't
- 8:01Speaker 1: got no traffic and you are not at that level,
- 8:04Speaker 1: you don't need to put that money on day one.
- 8:05Speaker 1: Maybe it's something you grow into, right like once you
- 8:07Speaker 1: hit certain milestones or you realize this business is actually
- 8:10Speaker 1: taking off. Because websites can be expensive, so I wouldn't
- 8:14Speaker 1: start with that as an investment. Just like a simple
- 8:16Speaker 1: landing page. There's so many landing page builders right now
- 8:20Speaker 1: that you could do, even using like claud or building
- 8:22Speaker 1: something simple. I would start there. And then again if
- 8:26Speaker 1: you're like, Okay, I want to do a blog, or
- 8:27Speaker 1: I want to make a build out whole website. That
- 8:29Speaker 1: can be phase two of once you get started. But
- 8:32Speaker 1: I wouldn't do that on day one because it's like,
- 8:35Speaker 1: again a little bit of a dopamine hit and you're
- 8:37Speaker 1: like building this out. But what's the point of your website?
- 8:41Speaker 1: Is it to be a blogger? That's very different than
- 8:43Speaker 1: if you just need something that's going to get you business.
- 8:45Speaker 1: That case, you could just do a landing page. Also,
- 8:48Speaker 1: I would say, like all the additional things that are
- 8:51Speaker 1: coming up that are just like fluff and extra wardrobe
- 8:54Speaker 1: outfits all of that. No, no people will tell me, oh,
- 8:58Speaker 1: I want to do Amazon. I'm like, start with the
- 8:59Speaker 1: stuff that you already have. Start there, right, start there,
- 9:04Speaker 1: and then grow. I think you also just have to
- 9:05Speaker 1: be really honest with yourself, like if you're going to
- 9:08Speaker 1: get like a notion or an asauna, because all these
- 9:11Speaker 1: monthly memberships add up, so like, are you the type
- 9:13Speaker 1: of person that's actually going to use it? Right? Are
- 9:16Speaker 1: you actually going to be using these tools? Organization is
- 9:18Speaker 1: very important, however, like maybe investing in like a Google
- 9:22Speaker 1: setup first where you just have access to Google Drive
- 9:24Speaker 1: and start there because it's attached to your email like
- 9:27Speaker 1: that may be a better fit. I'm not telling you
- 9:29Speaker 1: not to get these organization tools. I'm totally into them.
- 9:32Speaker 1: We have them in our company, we invest in them.
- 9:33Speaker 1: But I don't know if I would start that on
- 9:35Speaker 1: day one if I was just like a solo person,
- 9:37Speaker 1: like a beginner creator. I mean, I'm a team of twelve,
- 9:39Speaker 1: so it's a little bit different for us, like we
- 9:41Speaker 1: need a system and all of that. But if you're
- 9:44Speaker 1: just getting started, maybe don't put your money in that.
- 9:46Speaker 1: Right that may not be where you first start. Now,
- 9:49Speaker 1: something I've not mentioned that is a very important investment,
- 9:52Speaker 1: and this is something that you will have to get
- 9:53Speaker 1: to as you grow, is investing in talent and other people.
- 9:57Speaker 1: You will not be able to do this alone. I
- 9:59Speaker 1: mentioned we're a team twelve. We did not start that way.
- 10:01Speaker 1: We grew that way. Now, you may not want to
- 10:03Speaker 1: be a big company with all these employees and people
- 10:06Speaker 1: and stuff. You don't have to be, but I will
- 10:08Speaker 1: tell you doing it all alone is exhausting. Even if
- 10:12Speaker 1: you just have someone helping you with editing, or helping
- 10:14Speaker 1: you with a certain piece of your business, or a
- 10:16Speaker 1: virtual assistant to support you with pitching whatever. At one
- 10:20Speaker 1: point you guys, you're gonna tap out. You're gonna tap out.
- 10:22Speaker 1: You can't do it all. So again, that person that
- 10:25Speaker 1: you invest in, going back to my dad's advice, should
- 10:28Speaker 1: be either helping you make more money so that you
- 10:31Speaker 1: have more time to do it, or that person is
- 10:33Speaker 1: revenue generating. So like hiring an assistant to help you pitch,
- 10:37Speaker 1: very clearly, you will see if they make their money
- 10:39Speaker 1: back for you, right versus if they are doing the editing,
- 10:42Speaker 1: then you need to be going to pitch, So your
- 10:44Speaker 1: time should be going to pitch and then you will
- 10:46Speaker 1: make the money that way. So something I would definitely consider. Anyways,
- 10:49Speaker 1: I hope this video was helpful for y'all and you
- 10:51Speaker 1: guys were able to see some investments that you should
- 10:54Speaker 1: be making, some investments that you should wait till a
- 10:56Speaker 1: little bit later. Like I said, these are things that
- 10:59Speaker 1: we have spent on your creator that wants to go
- 11:00Speaker 1: to create and cultivates. Festival with Us conference. Put yourself
- 11:04Speaker 1: in the room, go meet people, go network, go with
- 11:07Speaker 1: be with brands. We do have that discent code Nina
- 11:10Speaker 1: Za twenty. Use that at checkout for twenty percent off
- 11:14Speaker 1: your ticket. I will be going. I paid full price
- 11:17Speaker 1: so again, if I'm going, I'm putting money in it.
- 11:19Speaker 1: I thank you. Guys should too. I hope you enjoyed
- 11:22Speaker 1: today's episode. If you did, make sure to rate, review,
- 11:25Speaker 1: and subscribe to our show and visit Sidewalkerdaily dot com
- 11:29Speaker 1: for more resources on all things influencer, marketing and social media.
- 11:34Speaker 1: Until next time,