Latest / Earn Your Leisure / From Cop to Millionaire: How Paul Alex Built a 7-Figure Business with Automation
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- 0:01Speaker 1: Earners.
- 0:01Speaker 2: What's up.
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- 1:02Speaker 3: Let's Square handle the back end so you can keep
- 1:04Speaker 3: pushing your vision forward. This episode is brought to you
- 1:11Speaker 3: by P and C Bank, a lot of people think
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- 1:51Speaker 4: All right, guys, welcome back, sir, l We all home
- 1:56Speaker 4: and got a special episode Paul Espinoza in the Flesh.
- 2:02Speaker 2: I'm doing good man. You're doing so using my government. Man,
- 2:05Speaker 2: it's usually you want me.
- 2:08Speaker 1: Okay, okay, easy, easy.
- 2:11Speaker 4: I mean we could go either way.
- 2:13Speaker 1: I'm just kidding clean hell.
- 2:19Speaker 4: So, yeah, you know, award winning detective. I don't even
- 2:22Speaker 4: know detectives won awards?
- 2:24Speaker 2: They did, Bro, I didn't know either, Like literally, it
- 2:26Speaker 2: wasn't until like they were like, hey, Bro, we need
- 2:28Speaker 2: you to come to this Saturday event. I was like,
- 2:31Speaker 2: am I in trouble? And they're like no, no, no, no,
- 2:33Speaker 2: just come. And it was like literally like probably like
- 2:35Speaker 2: one hundred different like police officers, agents, like my command
- 2:39Speaker 2: step and they were like, hey, here's this award. Thank
- 2:42Speaker 2: you for being, you know, one of the top detectives
- 2:44Speaker 2: in our area.
- 2:45Speaker 1: Outstanding the community service.
- 2:46Speaker 2: Yeah. Just talking to people, man, That's what I always
- 2:48Speaker 2: tell people, you know, especially in that field.
- 2:50Speaker 1: How long were you in the law enforcement field, dude?
- 2:52Speaker 2: Seven years? Seven years? Uh? In California? I worked for
- 2:57Speaker 2: City of Oakland, Okay, did two years as like just
- 3:01Speaker 2: a b cop, and then I was voluntold by I
- 3:05Speaker 2: remember Captain Williams. She was she was cool as hell
- 3:08Speaker 2: and she was just like hey, Espinosa, you do you
- 3:11Speaker 2: do good work. She's like, put you in a detective
- 3:15Speaker 2: role investigations. And I was like, okay, dude, like twenty
- 3:19Speaker 2: what going into twenty eight, I was just like all right,
- 3:21Speaker 2: let's do this. So going there and then you had
- 3:24Speaker 2: like veterans like just salty, you know, coworkers just like
- 3:28Speaker 2: years of two years of you know, police work, dude,
- 3:31Speaker 2: Like really and they put you as an investigator so
- 3:34Speaker 2: already with like the naysayers and you know, haters or
- 3:37Speaker 2: whatever closing into an industry. But we could get into that,
- 3:40Speaker 2: all right.
- 3:41Speaker 4: So transitioned from law enforcement and became an entrepreneur and
- 3:45Speaker 4: has helped thousands of entrepreneurs generate over thirty four million,
- 3:49Speaker 4: including one million. He's generated over thirty four million, including
- 3:51Speaker 4: one million in sixty days, and from the online marketing
- 3:55Speaker 4: and has a company, merchant Automation dot com. You guys
- 4:00Speaker 4: participated investments.
- 4:02Speaker 2: Yeah, we did. Man, it was a great event. By
- 4:04Speaker 2: the way, Guys.
- 4:04Speaker 1: Appreciate that if you were investment, appreciate it. Appreciate it.
- 4:08Speaker 4: So this is an interesting story. We had another gentleman
- 4:10Speaker 4: on Jamal King. I don't know if you've heard of
- 4:12Speaker 4: his story, but he was a Chicago police officer for
- 4:17Speaker 4: like twenty years and millionaire.
- 4:21Speaker 2: Person but I would want to yeah.
- 4:23Speaker 4: And then he got real big in real estate and
- 4:26Speaker 4: he has real estate, daycare center, and personal security. So
- 4:30Speaker 4: his thing was that he was a millionaire while he
- 4:33Speaker 4: was still working nine to five jobs. So he teaches,
- 4:36Speaker 4: he encourages people like that's history nine to five millionaire.
- 4:40Speaker 4: So similar situation as far as coming from law enforcement
- 4:42Speaker 4: and then you know, becoming a civil entrepreneur. So first
- 4:45Speaker 4: and foremost, thank you for joining us.
- 4:46Speaker 2: Appreciate it. I appreciate you guys for sure.
- 4:48Speaker 4: So all right, so how did you What was the
- 4:51Speaker 4: steps that you took from even wanting to be an
- 4:54Speaker 4: entrepreneur being in law enforce. Most of the time when
- 4:56Speaker 4: people have a career like a police officer, I'm assuming
- 5:00Speaker 4: they're just doing that. They're not, you know, doing full
- 5:03Speaker 4: time entrepreneurship.
- 5:05Speaker 2: Yeah. No, absolutely, and a great question, guys. I mean
- 5:08Speaker 2: just just flat out right there, like I didn't know
- 5:10Speaker 2: what I wanted to do when I got out of
- 5:12Speaker 2: high school.
- 5:12Speaker 4: I barely graduated high school Brosco.
- 5:14Speaker 2: I'm from Champiscisco, yeah, and I was primarily raised in
- 5:17Speaker 2: the East Bay, so it was probably like around twenty
- 5:19Speaker 2: minutes away from San Francisco. But I come from an
- 5:22Speaker 2: immigrant family. We weren't well off. My mom she immigrated
- 5:26Speaker 2: from Peru. My dad was from Mexico. They actually divorced
- 5:28Speaker 2: when I was two, So this is like the scenario.
- 5:31Speaker 2: And basically Paches since we were talking about movies before this,
- 5:34Speaker 2: and Puerto Rican my stepdad was Puerto Rican. Yeah, I
- 5:38Speaker 2: did when I met him. You know, he's from New York.
- 5:40Speaker 2: He has an accent, you know. But but yeah, man,
- 5:45Speaker 2: I mean ultimately hard working family. They poured a lot
- 5:49Speaker 2: into me, but I was just that black sheep. Out
- 5:51Speaker 2: of three siblings, two sisters once older, ones younger, they
- 5:56Speaker 2: both studious became register nurses. My mom was a bottomist
- 5:59Speaker 2: and you see San francisc Go and I would always
- 6:01Speaker 2: see my parents just working majority of the time, so
- 6:05Speaker 2: they were never at home and I knew it's just
- 6:07Speaker 2: because they were grinding for us, So I took that
- 6:10Speaker 2: into consideration. I started working at fifteen and a half
- 6:12Speaker 2: man and barely graduated high school because I had no direction.
- 6:15Speaker 2: I really, I didn't really have any financial literacy, right,
- 6:18Speaker 2: Like no mentors, nothing to tell me what to do
- 6:20Speaker 2: with money. The age eighteen, guess what, I started getting
- 6:22Speaker 2: into nightclubs. And that's why I know in the vestments, man,
- 6:26Speaker 2: I know, you guys had to have like a mini
- 6:28Speaker 2: army to set that up, man, because when I was
- 6:30Speaker 2: throwing nightclubs, I was throwing a nightclubs for like a
- 6:32Speaker 2: thousand people on a weekend myself. And funny story, a
- 6:36Speaker 2: couple of the friends, the little group that I would
- 6:38Speaker 2: hang around with, I don't know if you guys know,
- 6:39Speaker 2: like the rapper Love Brants, he had that song. It's
- 6:42Speaker 2: it's probably like an older song he had it with
- 6:44Speaker 2: fifty cent. It was called up remember with the East
- 6:48Speaker 2: Coast thing. It's like more with too short e forty
- 6:50Speaker 2: about the Barrier rapper. But anyways, look them up after
- 6:53Speaker 2: the great guy. But anyways, that would be my circle.
- 6:56Speaker 2: Like they would be the promoters that would be handing
- 6:58Speaker 2: out the flyers like like you know, in the audience,
- 7:01Speaker 2: and I would be behind the scenes, so I would
- 7:02Speaker 2: do more in like the operations logistics. And I did
- 7:05Speaker 2: that for six years as basically my entrepreneurship journey, right,
- 7:09Speaker 2: And I didn't really have anyone to go ahead and
- 7:11Speaker 2: see you're like, hey, Paul, invest all that money that
- 7:13Speaker 2: you made from nightclubs into another business, and that's MySpace era.
- 7:17Speaker 2: So dude, I was in there like learning HTML codes
- 7:21Speaker 2: and sending out like little HTML flyers outside to like
- 7:24Speaker 2: bring people in. Just imagine if I had somebody like
- 7:27Speaker 2: pouring into me right there and then at that age
- 7:29Speaker 2: from eighteen to twenty four and say like hey, dude,
- 7:31Speaker 2: like you could take that skill and actually invest it
- 7:33Speaker 2: into another business that make your money grow. Right, and
- 7:37Speaker 2: I almost gave up on just being an entrepreneur in itself, man,
- 7:40Speaker 2: from that age. So six years in corporate America, work
- 7:43Speaker 2: for a company called ecoab start from the ground up.
- 7:46Speaker 2: It was basically a glorified dish machine repair guide. Dude.
- 7:48Speaker 2: Imagine getting paid like minimum wage. You literally have to
- 7:52Speaker 2: wear the ugliest uniform known to man, drive a big
- 7:56Speaker 2: white man and then go and get spat at by
- 7:59Speaker 2: like owners of restaurants hotels and saying like clean my
- 8:03Speaker 2: or fix my dish machine. And they're like in major,
- 8:06Speaker 2: major like chaos because restaurants typically there's a lot of dishes.
- 8:10Speaker 2: You got the water splying on, you got the food debris, dude,
- 8:13Speaker 2: and then on top of that they want you to sell,
- 8:14Speaker 2: so you're doing inside sales. So that was my first
- 8:16Speaker 2: taste in sales, right. I did that from twenty one
- 8:18Speaker 2: to twenty six, got promoted like three almost four times.
- 8:22Speaker 2: I think, started learning soft skills, man, because at the
- 8:25Speaker 2: end of the day, I was an introverted kid, and
- 8:26Speaker 2: you know, to be an entrepreneur, you've got to be
- 8:29Speaker 2: sort of extroverted. You got to know how to talk
- 8:31Speaker 2: to people. That's the biggest thing. So then At finally
- 8:34Speaker 2: the age of like twenty four to twenty five, I
- 8:37Speaker 2: was with my ex of seven years. Her cousin was
- 8:40Speaker 2: an SFPD sergeant, and he was just like, hey, bro,
- 8:42Speaker 2: you know, you're pretty good at the sales thing. You
- 8:44Speaker 2: know how to talk to people, you know how to
- 8:45Speaker 2: present yourself. Why do you become a cop? Never crossed
- 8:48Speaker 2: my mind. I was just like CoA. And to be honest, dude,
- 8:52Speaker 2: during that time, I like, I fear the police. That's
- 8:54Speaker 2: just what it is, right. I was just like, you
- 8:56Speaker 2: should only deal with the police if something bad is
- 8:59Speaker 2: going going to happen, right, or it's stick your worst
- 9:01Speaker 2: day that you were actually interacted with the police. And
- 9:04Speaker 2: that was my mindset back then. So then I remember
- 9:07Speaker 2: I was just like, all right, well, you know, sales
- 9:10Speaker 2: wasn't fulfilling me anymore in corporate America, I was just dude,
- 9:13Speaker 2: I was done. I was just like, what am I
- 9:14Speaker 2: doing here right at such a young age. And plus
- 9:17Speaker 2: here's the thing I was driving. I remember a was
- 9:21Speaker 2: like a Chevy Malibu. At the time. It was like
- 9:23Speaker 2: we would call it buckets back in the day, So
- 9:25Speaker 2: it was just like a small little bucket. But I
- 9:27Speaker 2: was happy with it, man, It's just like, that's just
- 9:28Speaker 2: what it is. I didn't really think of the bigger
- 9:30Speaker 2: picture of how to elevate myself. So then I saw
- 9:35Speaker 2: going into law enforcement as opportunity. Why number one, it
- 9:38Speaker 2: was different. Number two, I didn't know nothing about it.
- 9:41Speaker 2: And number three, the open Police Department at that time,
- 9:45Speaker 2: they had a big banner that I would drive by
- 9:47Speaker 2: on the freeway going home every day from work saying,
- 9:50Speaker 2: make six figures being a police officer. And that's unheard of, man,
- 9:54Speaker 2: because if you think about it like that, I know,
- 9:55Speaker 2: you guys are from New York and you guys are
- 9:57Speaker 2: from the East Coast, but in the East Coast they
- 9:59Speaker 2: don't get paid that now, especially not back then. This
- 10:01Speaker 2: was roughly like twenty thirteen, twenty fourteen, right, so that
- 10:04Speaker 2: was like six figures. I was like, oh, that's good money. Right,
- 10:07Speaker 2: So I went and uplied. They didn't get picked up
- 10:10Speaker 2: the first two times, third time finally got picked up.
- 10:12Speaker 2: Why because I actually did a ton of community work, dude,
- 10:16Speaker 2: Like I went to say, I went to all the shelters.
- 10:19Speaker 2: I really put my best foot forward and I helped
- 10:22Speaker 2: out like homeless people. I was like food banks, dude,
- 10:24Speaker 2: I was putting in work. It was basically my second job.
- 10:27Speaker 2: I was determined to be a police officer there. So
- 10:30Speaker 2: then finally that was the end. So a volunteer from
- 10:35Speaker 2: several of the shelters was like, hey, you're a good dude,
- 10:37Speaker 2: You'll be a great officer here. So they gave like
- 10:39Speaker 2: basically the blessing with the department. Department was like, all right,
- 10:42Speaker 2: green light, you're in the academy. I got in there, dude,
- 10:45Speaker 2: I'm telling you right now, I'm not paramilitary at all.
- 10:48Speaker 2: I'm you know, I come from like sales, I come
- 10:51Speaker 2: from a diverse family, so at the end of the day,
- 10:53Speaker 2: I'm more of like a nurture, like I speak from
- 10:56Speaker 2: my heart and over there it's very paramilitary. And they
- 11:00Speaker 2: were just yelling at me do your work. I was like, dude,
- 11:02Speaker 2: I'll do whatever you guys want me to do. Just
- 11:04Speaker 2: quit yelling at me, please, okay. And I graduated academy
- 11:09Speaker 2: man first two years. They put me in East Oakland,
- 11:12Speaker 2: which I don't know what's the worst part in New York,
- 11:14Speaker 2: but imagine the worst part of New York and ten EXI.
- 11:19Speaker 2: There was literally murders every week. There was twenty plus
- 11:23Speaker 2: robberies there. It was just control chaos, dude, which no
- 11:27Speaker 2: regular person should be exposed to. But I was exposed
- 11:30Speaker 2: to it. I was able to handle myself because of
- 11:32Speaker 2: the life experience that I had already, and within those
- 11:36Speaker 2: two years got volunteered to go into investigations. During those
- 11:40Speaker 2: next five years, Towards the last two years, I was like, dude,
- 11:43Speaker 2: I'm working eighty tow one hundred hour work weeks. I'm
- 11:46Speaker 2: working my regular forty hours as a detective, and then
- 11:49Speaker 2: another forty hours to be able to live in a
- 11:52Speaker 2: decent neighborhood, cover my mortgage, help my parents out, help
- 11:57Speaker 2: my siblings out, and live life. That's it. Because the
- 12:01Speaker 2: bar area is expensive, just like New York, just like Miami.
- 12:04Speaker 2: It's inflations through the roof back then, so I was
- 12:06Speaker 2: just trying to figure it out. And people, you know,
- 12:09Speaker 2: they always say, YO used to make almost a quarter
- 12:11Speaker 2: of a million dollars as a cup. I was like, yes,
- 12:13Speaker 2: but what you don't understand is the time that it
- 12:16Speaker 2: took me to actually make that money. I had no life.
- 12:19Speaker 3: So you made the six figures the salary base, but
- 12:23Speaker 3: the overtime added is that how you got to the yes?
- 12:26Speaker 2: Yes, So a lot of people don't realize that, Like
- 12:29Speaker 2: with police work, like let's say, and I always get
- 12:31Speaker 2: this question like hey Paul, Like let's say, I have
- 12:34Speaker 2: anybody to start any business, and I have these ideas
- 12:36Speaker 2: that I want to do. I was like the path
- 12:38Speaker 2: of police resistance if I was to do it all
- 12:40Speaker 2: over again, if I was twenty one. And you don't
- 12:42Speaker 2: even need a college degree because right now, all police
- 12:45Speaker 2: departments are hiring massively, right they just need good people,
- 12:48Speaker 2: good people that actually can communicate with the community. And
- 12:52Speaker 2: I would go ahead, apply to a police department, learn
- 12:55Speaker 2: the foundations of what they're going to teach you, and
- 12:58Speaker 2: then make your own go ahead, And it's a customer
- 13:01Speaker 2: service based job. That's what I tell people. It's customer
- 13:03Speaker 2: service base. It doesn't matter what situation you're in, you're
- 13:05Speaker 2: always gonna stay neutral. You're gonna go ahead and put
- 13:08Speaker 2: your best foot forward. Now, majority of the departments they're
- 13:12Speaker 2: doing overtime. They have unlimited overtime because they're so low
- 13:16Speaker 2: on law enforcement officers throughout the United States. So guess
- 13:20Speaker 2: what what do I call that? In business? Leverage? Leverage
- 13:24Speaker 2: that go ahead, you're not gonna what are you gonna
- 13:26Speaker 2: do when you go home, You're gonna go ahead and
- 13:28Speaker 2: relax Netflix, and then you're gonna wonder why you haven't
- 13:31Speaker 2: moved up in life, why you're not starting that business,
- 13:34Speaker 2: why you know you can't afford that vehicle, or maybe
- 13:37Speaker 2: why you're running along on bills is because you're not
- 13:40Speaker 2: taking in perfect action to go ahead and make yourself
- 13:43Speaker 2: uncomfortable and go get it. We have to go ahead
- 13:47Speaker 2: and change or old life for our new life. And
- 13:49Speaker 2: I always tell people that was I super uncomfortable being
- 13:52Speaker 2: the police dude. I'm telling you right now. The first
- 13:55Speaker 2: night I was exposed to police work is when I
- 13:58Speaker 2: had to put my bulletproof vest on my form and
- 14:00Speaker 2: people were like, ohy, officer. I was just like, there's
- 14:02Speaker 2: no way. I was like, this feels so weird. That guy.
- 14:06Speaker 2: I was like, damn, dude, like like this, I feel awkward, right,
- 14:11Speaker 2: But I got used to it. Actually, I feel like
- 14:15Speaker 2: I've changed thousands of people's views on police work in
- 14:18Speaker 2: that specific city because when they would meet me, dude,
- 14:21Speaker 2: a regular guy, and I always say that I'm an
- 14:23Speaker 2: average dude. I'm an average dude that just did good decisions.
- 14:27Speaker 2: And that's it. I know, how to communicate with people.
- 14:29Speaker 2: So towards the last two years, man, this is what happened.
- 14:32Speaker 2: This dramatically changed everything. And I think because I've been
- 14:36Speaker 2: exposed to so many high end entrepreneurs just like your
- 14:39Speaker 2: guys selves, but like mentors that I paid a ton
- 14:42Speaker 2: of money to be in their circle, because being in
- 14:45Speaker 2: specific rooms changes your mindset. And I know you guys
- 14:48Speaker 2: know that. But the last two years, man, I was
- 14:52Speaker 2: in the part of my life where I was twenty
- 14:54Speaker 2: nine and I was looking at it like, Damn, I
- 14:57Speaker 2: got no life. I got a horrible relationship right now
- 15:01Speaker 2: because I was still with my ex seven years. It
- 15:02Speaker 2: was just toxic, bro, because I was never at home
- 15:04Speaker 2: because I was at work. And then I was just like,
- 15:09Speaker 2: what else can go wrong? And this is what happened.
- 15:11Speaker 2: My biological dad died. My mom had a mini stroke,
- 15:15Speaker 2: so half of her face was like paralyzed. Bro. She's
- 15:18Speaker 2: the hardest working woman I ever know in my life.
- 15:21Speaker 2: My stepdad got on dialysis. So it's just like all
- 15:25Speaker 2: these three factors, man, which equals what funny money, money
- 15:30Speaker 2: that I didn't have. So ultimately it put me on
- 15:32Speaker 2: my back against the wall. What am I going to do?
- 15:35Speaker 2: What am I going to do? And that and and
- 15:37Speaker 2: at that moment, man, I was just like, you know what,
- 15:40Speaker 2: I already had a side hustle, which this is why
- 15:43Speaker 2: I'm a true believer in very simple businesses. So I
- 15:45Speaker 2: started out with ATMs, initially ATMs Automated teller machines, you
- 15:49Speaker 2: know the hash maschiines that WCR liquorsource, And that was
- 15:52Speaker 2: one of my first side hustles while I was in
- 15:54Speaker 2: the police and the police force was ATMs, which made
- 15:57Speaker 2: me financially free. They make me a multi millionaire, no,
- 16:00Speaker 2: but it made me financially free. So I was able
- 16:02Speaker 2: to generate anywhere between twelve to fifteen thousand dollars and
- 16:05Speaker 2: residual income from that.
- 16:06Speaker 1: Where'd you get the idea?
- 16:07Speaker 3: Because it feels like I'm listening to your story and
- 16:09Speaker 3: it feels like everything that you've gone through has prepared
- 16:12Speaker 3: you for the next moment.
- 16:13Speaker 1: Right.
- 16:13Speaker 3: One of the things that you didn't have at the beginning,
- 16:14Speaker 3: you said was financial education. So as you're making I mean,
- 16:18Speaker 3: a quarter million is a lot of money for all
- 16:19Speaker 3: of Obviously you put the grinding and the work in
- 16:22Speaker 3: to get to that salary. How are you becoming financially disciplined.
- 16:25Speaker 3: Who's putting you onto these ideas to say? Or are
- 16:28Speaker 3: you going through neighborhoods and seeing a need and saying,
- 16:30Speaker 3: all right, this is opportunity.
- 16:32Speaker 1: How are you taking this perspective?
- 16:34Speaker 2: No, man, that's a great question. And what it was.
- 16:37Speaker 2: It was actually a friend of mine. He had about
- 16:39Speaker 2: fifteen years more than me in police work, and I
- 16:43Speaker 2: remember he would always be so happy to talk to
- 16:45Speaker 2: me about entrepreneurship in business. See in my police department.
- 16:49Speaker 2: I'm not going to say that it was a toxic
- 16:51Speaker 2: environment as far as were my police, but the morale
- 16:54Speaker 2: was down. So think about going to a workspace right
- 16:58Speaker 2: and being around just people that complain all the time
- 17:01Speaker 2: about what they do right. And this is what allowed
- 17:04Speaker 2: me to separate myself from them, because I'm a very
- 17:06Speaker 2: optimistic guy. Guys, I'm very solution driven. The house can
- 17:10Speaker 2: be burning down, I'm gonna find a solution to stop it. Right.
- 17:13Speaker 2: So that one friend who had fifteen years on he
- 17:17Speaker 2: would always talk about business ideas and I would be
- 17:20Speaker 2: the only one to hear him. So you know what,
- 17:22Speaker 2: We'll sit there drink coffee. He'll be like, dude, you
- 17:24Speaker 2: know it would be awesome. What can make us financially free.
- 17:27Speaker 2: I was like, what he's like. So I was going
- 17:31Speaker 2: through the internet. I was going through Facebook and at
- 17:32Speaker 2: this time, guys, I wasn't on social media for eight years, okay,
- 17:36Speaker 2: so I was completely off the grid. And he was
- 17:39Speaker 2: just like, dude, I saw it to sing on social
- 17:40Speaker 2: media with ATMs, and you can put your own money
- 17:43Speaker 2: in it. You can buy the machine for the manufacturer,
- 17:45Speaker 2: and then you can make residual income off of that.
- 17:47Speaker 2: You can make off the fee search arge fees. And
- 17:49Speaker 2: I was just like, ah, that's interesting, right. I didn't
- 17:52Speaker 2: take it seriously like I was gonna do it at
- 17:55Speaker 2: that time, but he had put it in my ear.
- 17:57Speaker 2: And then when it came at the moment where that
- 18:00Speaker 2: critical events happened with my family, and I was just like, dude,
- 18:03Speaker 2: I gotta figure it out how I can make either
- 18:06Speaker 2: the same amount of making right now working eighty to
- 18:08Speaker 2: one hundred hours work weeks, but reduce the time that
- 18:10Speaker 2: I'm investing in doing that. And that was the first step.
- 18:13Speaker 2: A lot of people they think of how can I
- 18:16Speaker 2: become a millionaire right now? And that is the wrong
- 18:20Speaker 2: path to think like that. And the reason why you
- 18:22Speaker 2: see this is because in business, you guys always wanted
- 18:26Speaker 2: to use leverage. You guys want to go through the
- 18:28Speaker 2: path of lease resistance. The path of lease resistance for
- 18:31Speaker 2: the average person like myself, for anybody watching this right now,
- 18:35Speaker 2: is that you want to leverage what's already working in
- 18:38Speaker 2: the market in any niche Okay, So if you see
- 18:42Speaker 2: that ATMs is working, why can't you do it? What
- 18:45Speaker 2: is stopping you from doing well? The thought process behind
- 18:50Speaker 2: new entrepreneurs or entrepreneurs that don't go into business and
- 18:52Speaker 2: don't know about investing, is they think about the negative
- 18:56Speaker 2: stuff first. And that's what it comes down to. Man,
- 18:58Speaker 2: I thought of the negative stuff when I first started
- 19:00Speaker 2: my first couple of businesses. My family still thinks negative
- 19:04Speaker 2: stuff about starting businesses. Whenever I would tell my mom
- 19:07Speaker 2: about starting whether it was the ATMs or the credit
- 19:09Speaker 2: card processing or probably the digital consulting, or moving to
- 19:12Speaker 2: Miami or moving to San Diego the past few years,
- 19:15Speaker 2: right or even being a police officer. Every single time
- 19:19Speaker 2: that I would tell anybody my ideas, they would shoot
- 19:22Speaker 2: them down. They would shoot them down. And I know
- 19:25Speaker 2: that everybody watching this right now, and including you guys,
- 19:27Speaker 2: you guys gone through the same thing where you guys are,
- 19:30Speaker 2: We're gonna have one of the biggest podcasts in financial literacy.
- 19:33Speaker 2: And I could guarantee you each one of you guys
- 19:35Speaker 2: probably had one person say.
- 19:37Speaker 1: Sure, yeah, I got some text messages. You're still safe.
- 19:40Speaker 2: Your little podcast. Right, I've had excess say that about me.
- 19:45Speaker 2: Your little business is not gonna work. You're in a
- 19:47Speaker 2: law enforcement you're a cop. What are you thinking of doing?
- 19:50Speaker 2: Like you're a grown man, be serious about it, which
- 19:53Speaker 2: led to me splitting from an X, But that's another story.
- 19:57Speaker 2: But to go to it, man, that one friend is
- 20:01Speaker 2: what put that idea. So when it came down to
- 20:03Speaker 2: it and I had my back against the wall, dude,
- 20:05Speaker 2: it just made sense. I was able to delegate one
- 20:09Speaker 2: day out of the week to it, and I was
- 20:11Speaker 2: just like, Okay, I have experience in sales. I know
- 20:14Speaker 2: how to talk to people, so why not. And that's
- 20:16Speaker 2: what I mean. That's ultimately how that idea was able
- 20:19Speaker 2: to come to reality. I was able to go ahead
- 20:23Speaker 2: buy ten ATMs initially, and at that time, ATMs cost
- 20:27Speaker 2: around twenty one hund dollars. Right now it costs around
- 20:30Speaker 2: twenty three hundred dollars, and I was able to deploy
- 20:34Speaker 2: them out there. Man, I was able to go to businesses,
- 20:36Speaker 2: talk to the owner, tell them the value about having
- 20:40Speaker 2: my actual machines rather than the competitors. Because a lot
- 20:43Speaker 2: of people think like, well, isn't the market saturated as
- 20:46Speaker 2: of right now? Yes, the market is saturated because the
- 20:49Speaker 2: business has been around for so long, and this is
- 20:53Speaker 2: why I still have that company. It's still going. But
- 20:57Speaker 2: is it growing massively like the past three year?
- 21:01Speaker 3: The scaling of it exactly, so the ATM scenes now
- 21:06Speaker 3: you said they're getting fifteen thousand.
- 21:08Speaker 2: Yes, so I had thirty ATMs which they were generating
- 21:12Speaker 2: me fifteen thousand dollars on a monthly basis.
- 21:14Speaker 1: So you're doing fifteen thousand dollars a month. I'm looking
- 21:17Speaker 1: at this.
- 21:17Speaker 3: At what point do you say, Okay, the time that
- 21:20Speaker 3: has taken me to get this type of money is.
- 21:22Speaker 1: Far less than what I'm doing in this career.
- 21:25Speaker 3: It's time for me to make the pivot and look
- 21:27Speaker 3: at entrepreneurship as a full time thing, not just a
- 21:31Speaker 3: side income thing. We like like hustles because it takes grind,
- 21:34Speaker 3: It takes a lot of dedication and takes a lot
- 21:35Speaker 3: of sacrifice to do it.
- 21:37Speaker 1: At what point is it.
- 21:38Speaker 3: You're saying, all right, I'm putting this, putting the badge down,
- 21:41Speaker 3: this is what we're going with.
- 21:43Speaker 2: Yeah, Man, To be honest, it really comes down to
- 21:46Speaker 2: your environment. In my environment, like I said, I came
- 21:50Speaker 2: from a family that didn't have We weren't rich, we
- 21:53Speaker 2: weren't even middle class. We were, you know, lightway in
- 21:56Speaker 2: the poverty section. But it was the mindset of my
- 22:00Speaker 2: parents and who was around me, basically because I felt
- 22:03Speaker 2: like I had to justify my decision making. And I
- 22:05Speaker 2: feel like a lot of people, especially nowadays, they have
- 22:08Speaker 2: to justify the decision maker, whether it was their spouse,
- 22:11Speaker 2: who's around their circle, their friends, family, whoever it is,
- 22:15Speaker 2: and that actually, I feel blocks a lot of people
- 22:18Speaker 2: from actually starting and being great. So when I went
- 22:22Speaker 2: ahead and it took me eighteen months to hit those numbers,
- 22:25Speaker 2: the twelve fifteen thousand dollars in residual income, that allowed
- 22:30Speaker 2: me to reduce my workload from eighty two hundred hours
- 22:32Speaker 2: to now forty hours overtime's done, overtimes done. So then
- 22:37Speaker 2: at that stage of the game, I'm a serial entrepreneur,
- 22:42Speaker 2: so I started thinking, Okay, what else could I do?
- 22:46Speaker 2: And then that's when I decided to jump on Facebook.
- 22:49Speaker 2: I decided to jump on Facebook. And remember, you guys,
- 22:52Speaker 2: I wasn't on social media for eighty or since my Space,
- 22:54Speaker 2: so I didn't know what I was looking at. But
- 22:57Speaker 2: this is coming in the beginning of twenty twenty. And
- 23:00Speaker 2: in the beginning of twenty twenty, I get targeted on
- 23:04Speaker 2: an ad from Zuckerberg and it's a book from a
- 23:09Speaker 2: digital marketer called Russell Brunson. Yeah, she has a pretty
- 23:12Speaker 2: massive company called Clickfunnels. And then I got targeted by
- 23:15Speaker 2: another marketer called Dan Henry and his book was called
- 23:18Speaker 2: Digital Millionaire. So inside these books, Okay, I wasn't a reader,
- 23:23Speaker 2: by the way, as you guys know in the very
- 23:24Speaker 2: beginning of the story. You know, I'm a black sheep
- 23:26Speaker 2: in the family. So was in studious, dropped out of college,
- 23:30Speaker 2: chapter getting my associates because I needed to work. You know.
- 23:32Speaker 2: I felt like, as a man, I shouldn't be asking
- 23:35Speaker 2: money for my parents, right, So then decided to get
- 23:39Speaker 2: these books for about two bucks each read them and
- 23:43Speaker 2: I'm not shitting you, I read them like six times,
- 23:47Speaker 2: both books, and I was just an odd dude because
- 23:49Speaker 2: I'm sitting there in my desk, and I'm like, this
- 23:52Speaker 2: is amazing. This is like a movie, right to go
- 23:55Speaker 2: back to the movies man, And I'm like, these guys
- 23:57Speaker 2: were able to create multid dollar businesses off of digital products.
- 24:03Speaker 2: And mind you, this isn't all to me because I
- 24:05Speaker 2: haven't been online, so I haven't seen the change of
- 24:09Speaker 2: when Instagram appeared, Twitter appeared, Like I heard of the names,
- 24:12Speaker 2: but I never used them. And that just shows you
- 24:15Speaker 2: you don't got to be hip to knowing social media
- 24:20Speaker 2: to actually build up another business on social media or
- 24:24Speaker 2: in the online space. Because if you take my example,
- 24:28Speaker 2: I took those books. I had so much conviction that
- 24:33Speaker 2: if it can work for those two gentlemen, that it
- 24:35Speaker 2: could work for me, because why we're all human. We're
- 24:39Speaker 2: all human. The power of executing imperfect action will take
- 24:44Speaker 2: you farther than someone who is knowledgeable, somebody who has
- 24:47Speaker 2: a master somebody who has a PhD, but then is
- 24:50Speaker 2: stuck on being a perfectionist. And being a perfectionist is
- 24:54Speaker 2: a dream killer. Taking in perfect action, you're able to
- 24:58Speaker 2: learn from the best school that I believe is the
- 25:01Speaker 2: best school in life. And what is that school?
- 25:03Speaker 1: Are nots man exactly? We got a doctor in exactly.
- 25:08Speaker 2: Hey, man, you gotta go through the trenches. You know,
- 25:11Speaker 2: at the end of the day, that's the best way
- 25:13Speaker 2: to learn because you're never gonna forget from that experience.
- 25:15Speaker 2: You're always gonna say, hey, we don't do that because
- 25:18Speaker 2: we were ready, you know, learned this way from our
- 25:20Speaker 2: first venture or the first time, but that we attempted
- 25:23Speaker 2: to do this, and that's that's the best way to learn.
- 25:25Speaker 2: So I was able to go ahead and invest my
- 25:27Speaker 2: first ten thousand dollars and actually learning how to go
- 25:30Speaker 2: ahead and make my own program online. And I remember
- 25:35Speaker 2: when I send up for this first mentorship, it was Okay,
- 25:38Speaker 2: what are you good at? That was the question they
- 25:39Speaker 2: asked me. And I was just like, dude, I'm a
- 25:41Speaker 2: cop and I also do ATMs. They're like, go with
- 25:44Speaker 2: ATMs because no one likes the police, straight up his words.
- 25:48Speaker 2: And I was just like, yeah, I was. I was like,
- 25:50Speaker 2: that was great of this. I was like, all right,
- 25:53Speaker 2: all right, good, good enough. So then I go ahead, man,
- 25:57Speaker 2: and I launched the ATM program that I had. The
- 26:01Speaker 2: first program that I launched was called thirty eight at
- 26:04Speaker 2: on BIS. I know it was not the sexiest name,
- 26:06Speaker 2: but I went with it right in perfect action. And
- 26:09Speaker 2: I also launched a Facebook group, okay, and my idea was, like, dude,
- 26:13Speaker 2: I want to build a community of like mine, individuals
- 26:16Speaker 2: that want to talk about ATMs. That's it, Like, I'm
- 26:18Speaker 2: going to help them out, even if they're beginner, even
- 26:20Speaker 2: if they don't pay me, I'm still going to help
- 26:21Speaker 2: them out because I just want to add value, right
- 26:23Speaker 2: type of guy I am. So then started out with
- 26:26Speaker 2: like five members, and throughout this next six month period, dude,
- 26:30Speaker 2: we're talking about April of twenty twenty to about the
- 26:33Speaker 2: end of twenty twenty, I probably made roughly around seven
- 26:37Speaker 2: thousand dollars off of that program. And now, dude, I'm
- 26:41Speaker 2: literally thinking, like, why is it that I haven't generated
- 26:47Speaker 2: quite a bit of money from this program that I
- 26:50Speaker 2: just launched. And you got these other guys with these
- 26:53Speaker 2: claims saying like, dude, I'm making one hundred thousand, I'm
- 26:56Speaker 2: making three hundred thousand a month, I'm making a million dollars?
- 26:58Speaker 2: What's so special about? So what did I do? I
- 27:02Speaker 2: took a step back, right, what's entrepreneurs We don't like
- 27:05Speaker 2: doing that, but we have to do it. And I
- 27:07Speaker 2: did market research, so micro research is I went to
- 27:10Speaker 2: go see what my competitors are doing, okay, and I
- 27:14Speaker 2: was just like, what is working for them? And I
- 27:17Speaker 2: started analyzing it, and I was just like, Okay, if
- 27:19Speaker 2: you're able to make any niche, think of any niche
- 27:22Speaker 2: that you would want to do in life, you can
- 27:23Speaker 2: make it simpler, faster, and easier for people, especially in
- 27:27Speaker 2: the online world because you got to think about it
- 27:29Speaker 2: right now. COVID dramatically change everybody's mindset when it comes
- 27:35Speaker 2: to comediens. Okay, think about it. People want things now, right,
- 27:39Speaker 2: So if you're able to make it easier, you're going
- 27:42Speaker 2: to win, no matter what industry you're in. So I
- 27:45Speaker 2: went with that idea, that concept, especially during that time.
- 27:47Speaker 2: I started the business, the online business, building it during COVID,
- 27:51Speaker 2: and I was just like, you know what, I know
- 27:55Speaker 2: the people to go ahead and find locations for people.
- 27:57Speaker 2: I know the people that can actually ship them out
- 28:00Speaker 2: the machines. I know the people that can provide them
- 28:02Speaker 2: the network. I'll just go ahead and talk to them.
- 28:05Speaker 2: We'll create such an infrastructure. We'll all market where we
- 28:09Speaker 2: actually are hands on and we build the businesses for people,
- 28:12Speaker 2: and we just charge a startup fee and that's it.
- 28:15Speaker 2: We're not going to take any equity. They keep one
- 28:17Speaker 2: hundred percent of their profits, and it's it's a win win.
- 28:21Speaker 2: And then I remember it was in January of twenty
- 28:25Speaker 2: twenty one, three days before my birthday. My birthdays in
- 28:28Speaker 2: January eighteenth, Go Capcorn. But I remember I was talking
- 28:32Speaker 2: to a military veteran and he goes, Paul, I got
- 28:35Speaker 2: no experience in going out there and talking to business owners.
- 28:39Speaker 2: Do you have anything for me where you guys can
- 28:42Speaker 2: actually help me one on one? And I have not
- 28:45Speaker 2: even created the outline of this program, which was to
- 28:49Speaker 2: become a twenty seven million dollar idea okay at this time,
- 28:52Speaker 2: but this was the AHA moment. So I'm talking to
- 28:55Speaker 2: this vet and I'm like, well, what if my team
- 29:00Speaker 2: could go ahead and actually like find the location for you,
- 29:03Speaker 2: place the machines for you, and then we set up everything,
- 29:06Speaker 2: and I even have a tech like go one on
- 29:09Speaker 2: one with you and show you how to program and
- 29:11Speaker 2: all that. Would you be interested in something like this?
- 29:13Speaker 2: And he goes, yeah, that sounds great to me. Man,
- 29:15Speaker 2: You're you're saving me a ton of time. Awesome, how
- 29:18Speaker 2: much dude? At that time, I was selling my program
- 29:21Speaker 2: for nine ninety seven for one thousand dollars, and I
- 29:24Speaker 2: started looking at the overhead. I was say, okay, okay,
- 29:26Speaker 2: it's roughly gonna cost me this much, and how much
- 29:29Speaker 2: don I want to profit? All right, cool, all right?
- 29:32Speaker 2: Six thousand dollars, fifteen minute conversation, six thouars, six thousand
- 29:38Speaker 2: dollars payment dramatically changed my mindset on the possibility of
- 29:43Speaker 2: Buddy value actually making an offer that simpler, faster and easier,
- 29:48Speaker 2: that people get it and they'll be willing to buy
- 29:52Speaker 2: and pay for it. After that, man, it was like
- 29:55Speaker 2: literally push to the limit. I started mass hiring. My
- 29:58Speaker 2: first month that I made six figures by myself, I
- 30:02Speaker 2: was still a law enforcement just like you know the
- 30:04Speaker 2: nine to five entrepreneur, millionaire, millionaire, millionaire, five millionaire, where
- 30:10Speaker 2: he was still doing his law enforcement job. I made
- 30:13Speaker 2: my first six figures in March of twenty twenty one.
- 30:15Speaker 2: I made one hundred and twenty thousand dollars with eighty
- 30:17Speaker 2: percent net profit. And I was still a cop. And
- 30:21Speaker 2: the only reason why I didn't quit right there and
- 30:23Speaker 2: then is because of my environment. So what did I do.
- 30:27Speaker 2: I went to the first girl that I truly love,
- 30:31Speaker 2: my mom. I was like, hey, mom, check this out.
- 30:34Speaker 2: This is crazy, you know. I was like, I just
- 30:37Speaker 2: made this off of like one of my newest ventures
- 30:39Speaker 2: that has nothing to do with my tangible ATM business.
- 30:41Speaker 2: I think this could like essentially like make me financially free.
- 30:45Speaker 2: And well, I was really finished if you with ATAMS,
- 30:47Speaker 2: But I'm like real money, and she's like, Okay, unless
- 30:52Speaker 2: you've generated like a million dollars from it, don't quit.
- 30:54Speaker 2: And I was like, why benefits. I mean, that's is
- 31:01Speaker 2: what it is, benefits, right'st It is important, man, it
- 31:04Speaker 2: is important. But here's the thing. If you can make
- 31:07Speaker 2: tens of thousands of dollars in profit, you can afford benefits.
- 31:11Speaker 4: Man.
- 31:13Speaker 2: Benefits is like what one thousand dollars for top tier benefits. Man.
- 31:16Speaker 2: You know, if you got a family, probably gonna cost
- 31:19Speaker 2: you like three thousand. But if you're making tens of
- 31:20Speaker 2: thousands of dollars in profit, man, you could cover that
- 31:23Speaker 2: all day. And that's the thing. And that's what I'm
- 31:25Speaker 2: talking about, right. You know, me and my mom we
- 31:27Speaker 2: talk almost every other day, and the conversations that we
- 31:30Speaker 2: have is just like she didn't really believe me until
- 31:35Speaker 2: she saw the actual transformation, and the transformation I'm talking
- 31:40Speaker 2: about is maturity because I had to mature with the
- 31:44Speaker 2: way that Number one I would explain things to her,
- 31:46Speaker 2: But then also she had to see the concept actually work.
- 31:50Speaker 3: Are you maturing as you're making this money? Because I mean,
- 31:53Speaker 3: I mean at this point it sounds like you're like
- 31:55Speaker 3: late twenties maybe early thirties. Yeah, I can imagine. And
- 31:59Speaker 3: this has happened, right, Like I walk into school, I'm
- 32:01Speaker 3: a teacher. I'm making money doing my entrepreneurial journey, and
- 32:05Speaker 3: I started making my salary and now making more on
- 32:08Speaker 3: my salary, and then you're making more. The principle, and
- 32:11Speaker 3: if you're not mature enough, you're walking in there with
- 32:13Speaker 3: a different feel, a different swag, right, you almost want it.
- 32:16Speaker 3: You're trying to tell people how excited you are about
- 32:18Speaker 3: this thing. They could care less. You're trying to tell
- 32:20Speaker 3: them you They go, I'm about.
- 32:21Speaker 1: To leave here. They could care less.
- 32:24Speaker 3: Are you mature in this moment enough to say, all right,
- 32:27Speaker 3: they don't see my vision.
- 32:29Speaker 1: I know I'm leaving here at some point.
- 32:31Speaker 3: I'm going to try to help as many people as possible,
- 32:33Speaker 3: and if I can't, it doesn't matter. I'm just going
- 32:35Speaker 3: to continue a journey. They'll get to watch it from
- 32:37Speaker 3: a distance. Like, what's the mindset at this point?
- 32:39Speaker 2: No, that's a great question, man. The mindset at this
- 32:42Speaker 2: point is you guys got to think about it. Like,
- 32:44Speaker 2: I had already started an ATAM business before I got
- 32:47Speaker 2: into anything related to digital marketing, right, So I already
- 32:50Speaker 2: had tried to help a few of my coworkers by
- 32:52Speaker 2: trying to get them into that venture and I just
- 32:54Speaker 2: got shittered on. So I already had the mindset of
- 32:58Speaker 2: I have to help myself first before I can help
- 33:01Speaker 2: the masses. And that was the mindset that I initially
- 33:04Speaker 2: took while I was still out my ninety five. So
- 33:06Speaker 2: what I would recommend for everybody that is looking to
- 33:10Speaker 2: build up capital to invest into their business. There's massive
- 33:14Speaker 2: opportunities out there. There is there truly is for anyone, Okay,
- 33:19Speaker 2: whether it is actually going ahead. And I was talking
- 33:21Speaker 2: to the gentleman that was driving the uber. I mean,
- 33:25Speaker 2: there's so many ways you guys can make money to
- 33:28Speaker 2: save up for a business, to launch your idea. The
- 33:31Speaker 2: thing is what's going to separate those two percent of
- 33:34Speaker 2: people that actually do it compared to the other ninety
- 33:36Speaker 2: eight percent is the sacrifice of what you're willing to
- 33:40Speaker 2: do to actually make that happen. So for me to
- 33:44Speaker 2: paint the scenario even further, I was still running a
- 33:48Speaker 2: tangible ATM business. I hired two part timers, which meant
- 33:52Speaker 2: less profit for me so they can manage it so
- 33:55Speaker 2: I don't have to deal with loading the cash, dealing
- 33:58Speaker 2: with customer complaints, all that jazz. And then the second
- 34:01Speaker 2: part of this, I'm over here and I'm self educating
- 34:04Speaker 2: myself on a brand new industry, which is digital marketing,
- 34:08Speaker 2: which I didn't have like a mentor in front of me,
- 34:10Speaker 2: like it was literally like courses courses, right, So I
- 34:14Speaker 2: really had to believe and self motivate myself every day man,
- 34:18Speaker 2: to actually get it done. And then on top of that,
- 34:21Speaker 2: launching that actual program, which in itself digital marketing is
- 34:26Speaker 2: one of the most time intensive things you could do.
- 34:28Speaker 2: And I'm pretty sure you guys have the experience on that, man,
- 34:31Speaker 2: because I launched a podcast in March. So much work.
- 34:35Speaker 2: I'm like, dude, like I'm gart your great hairs every day,
- 34:38Speaker 2: you know, so it just goes like social media makes
- 34:44Speaker 2: everything else look like it's so glamorous, dude, Like it's
- 34:48Speaker 2: great being an entrepreneur. But if you were to ask
- 34:51Speaker 2: me again, they're like, Dude, if you were able to
- 34:54Speaker 2: make the same money like that you do an entrepreneurship,
- 34:57Speaker 2: but you were just a cop, would you just stay
- 34:59Speaker 2: as a I would say yes, one hundred percent. And
- 35:02Speaker 2: the reason why is because entrepreneurship there's always something that
- 35:07Speaker 2: goes wrong every single day, no matter what it is.
- 35:11Speaker 2: If you're big enough, If you're big enough, and when
- 35:13Speaker 2: you get to the point where you have let's say
- 35:15Speaker 2: fifty two hundred employees, you're managing people, man. So think
- 35:19Speaker 2: about it like that. I like the concept that you
- 35:21Speaker 2: guys said with school and like if you're a teacher, right,
- 35:24Speaker 2: imagine now you're just dealing with adults. But each adult
- 35:27Speaker 2: they have to get along. They have to believe in
- 35:30Speaker 2: the culture, on the vision that you created, and you
- 35:33Speaker 2: have to keep driving that every single day. So now
- 35:36Speaker 2: just imagine, like we were talking about with one of
- 35:38Speaker 2: my business partners earlier before the pod, is like, if
- 35:41Speaker 2: people don't want to work for you, man, you can't
- 35:44Speaker 2: build nothing great. This is why I believe like somebody
- 35:46Speaker 2: like Elon Musk, he got really good as a connector.
- 35:49Speaker 2: He got really good as being a connector, being a motivator,
- 35:53Speaker 2: putting the right people at the right places to make
- 35:55Speaker 2: his companies grow, because he's not doing it all by himself.
- 35:58Speaker 2: That's just what it comes down to, right, That's what
- 36:00Speaker 2: I had to learn. I'm a more of a visionary guy.
- 36:03Speaker 2: I'm not the smartest dude. I know how to place people.
- 36:06Speaker 2: When I meet people and I talk to them, I
- 36:08Speaker 2: could tell where they come from, if they're genuine, and
- 36:12Speaker 2: then I'm able to see what they're good at. Just
- 36:15Speaker 2: because let's say you graduated with a PhD and you're
- 36:18Speaker 2: super smarter an engineer, it doesn't mean I'm going to
- 36:21Speaker 2: put you in a sales position. Because in a sales
- 36:24Speaker 2: position it's completely different, dynamic, and you have to have
- 36:28Speaker 2: a different style of speaking to people. Right. You have
- 36:31Speaker 2: to be a little bit more you could say, entertaining,
- 36:34Speaker 2: more engaging compared to somebody going in finance or somebody
- 36:38Speaker 2: building processes, which is boring work, right, nobody wants to
- 36:41Speaker 2: do that, but we have to hire the smarter people
- 36:43Speaker 2: to do that. But no, yeah, man, So I was
- 36:47Speaker 2: able to go ahead and delegate my ATM business. I
- 36:50Speaker 2: was able to go ahead and actually start up the
- 36:53Speaker 2: digital consulting business. And I was still working by nine
- 36:55Speaker 2: to five. So this is what dramatically changed my mindset. Again.
- 36:59Speaker 2: Remember it's the people around you know. I had a
- 37:01Speaker 2: good friend, he young, young, young police sergeant. He just
- 37:07Speaker 2: he just got accepted to be a sergeant. And I
- 37:09Speaker 2: had told him he was one of the only ones
- 37:10Speaker 2: I would talk to about business. And he was just like, hey, man,
- 37:14Speaker 2: so how's your your online gig going? And I was
- 37:16Speaker 2: telling him. I was just like, dude, look like this
- 37:20Speaker 2: is amazing. He's like, what are you still doing here.
- 37:23Speaker 2: He's like, bro, leave like putting your two weeks and leave,
- 37:25Speaker 2: like seriously, like go grow that business. And I've did
- 37:29Speaker 2: that conversation. Man, even though my mom was totally against it,
- 37:31Speaker 2: I was just like okay, So I went all in, man,
- 37:35Speaker 2: I didn't just quit. I put my two weeks. Call
- 37:38Speaker 2: my real estate agent and I was like, hey, I
- 37:40Speaker 2: want to sell a house. He's like why, because I
- 37:43Speaker 2: just want to leave the bar area. I want to
- 37:45Speaker 2: start over in a new environment that's going to motivate me.
- 37:48Speaker 2: I want to be around people that are going to
- 37:50Speaker 2: motivate me to be great. And that's what it was.
- 37:52Speaker 2: It's key. This is huge because you got to think
- 37:56Speaker 2: about it like this. If you're in that environment where
- 37:59Speaker 2: everybody else is around you as negative, right, and you're
- 38:03Speaker 2: trying to build something great, how much harder is it
- 38:06Speaker 2: going to be for that person to succeed. It's going
- 38:10Speaker 2: to be massively hard because entrepreneurship in itself is hard
- 38:13Speaker 2: because you have to have that self belief inside of
- 38:16Speaker 2: you to go ahead and actually take that in perfect
- 38:18Speaker 2: action that you need to. But if you have people
- 38:20Speaker 2: around you consistently every day going ahead and telling you
- 38:24Speaker 2: you can't do it, this is not gonna work. They're
- 38:26Speaker 2: just waiting for your demise. Man. So that's why I
- 38:30Speaker 2: had to move from the Bay Area to San Diego.
- 38:33Speaker 2: Why did I pick San Diego? I didn't know nobody there. Man,
- 38:36Speaker 2: it did have a beautiful beach. So I went to
- 38:38Speaker 2: a penhouse downtown San Diego. Literally, dude, like, I would
- 38:42Speaker 2: just work set on my office where I'm able to
- 38:45Speaker 2: see the view of the ocean, wake up every day,
- 38:48Speaker 2: had a nice balcony, drink my coffee, get to work,
- 38:51Speaker 2: and that's it. That's how I was able to grow
- 38:53Speaker 2: the first company called atm together dot Com to two million.
- 38:57Speaker 2: The course year and then the upcoming years it grew
- 39:01Speaker 2: up to twenty seven million.
- 39:03Speaker 4: So what are some steps for people that want to
- 39:05Speaker 4: get into the digital marketing space? Like what what are
- 39:09Speaker 4: the how to steps as well as to how to
- 39:11Speaker 4: make money in digital marketing?
- 39:12Speaker 2: Oh yeah, man, So you got to realize that number one,
- 39:16Speaker 2: there is a couple of key factors that comes into play.
- 39:20Speaker 2: Your story and personal branding is everything. If you have
- 39:24Speaker 2: a personal brand, you got to really look at yourself
- 39:26Speaker 2: and take out like a notepad if you're watching this
- 39:28Speaker 2: right now, or like top notes on your laptop, but
- 39:31Speaker 2: you got to really emphasize all the bullet points. What
- 39:34Speaker 2: makes your personal brand great, Where is it that you
- 39:37Speaker 2: came from, what was your environment? This is actually something
- 39:40Speaker 2: that I do with my mentees. It's called your million
- 39:43Speaker 2: dollar Story. So if you guys go to any of
- 39:45Speaker 2: my ventures I have online that I've created okay, over
- 39:48Speaker 2: the past four years. Million dollar Stories essentially a PDF
- 39:54Speaker 2: or a guide that I usually give people for free
- 39:56Speaker 2: that don't know me. The reason why is because, say,
- 40:00Speaker 2: if you were trying to sell a product, who has
- 40:04Speaker 2: the higher chance of converting as a customer, someone who
- 40:08Speaker 2: relates to you, who likes you, who knows you provide
- 40:11Speaker 2: value because you resonate with their story, or somebody who's
- 40:14Speaker 2: totally cold that just saw your ad. Right, it's gonna
- 40:17Speaker 2: be the person that resonates with your story. This is
- 40:19Speaker 2: why I'm a big believer, especially in the online space,
- 40:22Speaker 2: that all of us as entrepreneurs, we can nurture our
- 40:25Speaker 2: audience going through the path of having them sign up,
- 40:30Speaker 2: let's say, to your website or an email list, and
- 40:34Speaker 2: then almost thinking that they should immediately buy. That's actually
- 40:38Speaker 2: the path of least resistance. And what I've learned is
- 40:41Speaker 2: that it actually ends up costing entrepreneurs online that want
- 40:43Speaker 2: to make money a lot more money on ad spend
- 40:46Speaker 2: because you have to keep spending money so Zuckerberg can
- 40:49Speaker 2: push your ads out and all that jazz. Right, But
- 40:52Speaker 2: if you guys go ahead and you tell your story,
- 40:56Speaker 2: you actually make reels. And if you guys follow me
- 40:58Speaker 2: on Instagram poll Alex, you will see all my reels.
- 41:01Speaker 2: It's about parts of life. Man. Even I just got
- 41:04Speaker 2: married two months ago. Yeah, thank you. But with my wife,
- 41:08Speaker 2: we have such a great dynamic story. And the thing is,
- 41:11Speaker 2: like I told her when before she got married to me,
- 41:14Speaker 2: I told her everything good, bad that she's going to
- 41:18Speaker 2: have to experience in our marriage. And what I mean
- 41:22Speaker 2: by bad, I mean that the long days I'm going
- 41:25Speaker 2: to be at the office, you know, the times that
- 41:27Speaker 2: I'm not even gonna I'm not going to be able
- 41:28Speaker 2: to possibly spend with it, because you know, I'm building
- 41:31Speaker 2: a future for us, in our future kids, you know,
- 41:35Speaker 2: and I and I think as a provider. You know,
- 41:37Speaker 2: that's that's number one. But but to go back to it, man,
- 41:40Speaker 2: for somebody that wants to start, really think about if
- 41:42Speaker 2: you want to be what we call the attractive character.
- 41:45Speaker 2: Their attractive character is essentially the person behind the company. Okay,
- 41:49Speaker 2: whatever product you have, are you the attractive character? Now,
- 41:53Speaker 2: if you're not the attractive character, or you're you don't
- 41:55Speaker 2: want to go ahead and share your story, that's fine.
- 41:58Speaker 2: I would recommend to go ahead and actually hire somebody
- 42:01Speaker 2: that you can use their story. That's what I've been
- 42:04Speaker 2: able to do as well. I've been able to take
- 42:06Speaker 2: mentees that successfully taking my program, and I've actually reached
- 42:09Speaker 2: out specifically to a few of them. I'm like, hey, man,
- 42:12Speaker 2: you know, I'm building a third company and i need
- 42:15Speaker 2: somebody to take over as the face of marketing, not
- 42:18Speaker 2: saying that you're going to take over as the decision making,
- 42:21Speaker 2: but just we're going to leverage your story. We're going
- 42:24Speaker 2: to leverage how you were able to use my program
- 42:27Speaker 2: or my services and then guess what, We're going to
- 42:30Speaker 2: share your story and I'm going to pay you a
- 42:32Speaker 2: retainer for that and it's successfully been done, man, I mean,
- 42:36Speaker 2: there has to be attractive character. If you look at
- 42:37Speaker 2: social media nowadays, why is it so powerful for marketing?
- 42:41Speaker 2: Because back then, I'm thirty six. But back then, guys,
- 42:46Speaker 2: when I was in my teens in my twenties, who
- 42:49Speaker 2: were the companies that were able to afford billboards, news stations.
- 42:54Speaker 2: We're talking about just the cost of marketing itself compared
- 42:59Speaker 2: to nowadays. Right, it makes the playing field leveled for
- 43:03Speaker 2: the average person to go ahead and actually market their product.
- 43:07Speaker 2: So if you want to save money and marketing your product,
- 43:10Speaker 2: make sure that you create your million dollar story, meaning
- 43:12Speaker 2: that you, guys, create a free asset, free digital asset
- 43:17Speaker 2: that people can read. It could even be what we
- 43:19Speaker 2: like calling a mini course where people are able to
- 43:22Speaker 2: see videos and you're explaining how you were able to
- 43:25Speaker 2: come from point eight to the success what people are
- 43:28Speaker 2: looking at. From there, you're able to articulate what your product,
- 43:33Speaker 2: what your item, what your service, what your program is,
- 43:36Speaker 2: and you have a higher chance of converting your audience.
- 43:39Speaker 2: That is truly the path of these resistance when you're
- 43:41Speaker 2: starting a digital marketing Not a lot of people teach that.
- 43:44Speaker 2: They go ahead and they start now new platforms like school.
- 43:46Speaker 2: School is a great platform, skool. But here's the thing, right,
- 43:51Speaker 2: and this is some I guess information that I've heard
- 43:56Speaker 2: that with school as a beginner, you got to really
- 43:59Speaker 2: think about like that, if you charge people, let's say
- 44:02Speaker 2: twenty bucks a month to join your community, how many
- 44:06Speaker 2: people are you going to need to make twenty thousand
- 44:08Speaker 2: dollars a month to actually live from making a product
- 44:12Speaker 2: like that? So when you really think about it, is
- 44:14Speaker 2: that the path of leaves resistance. No, if anybody's looking
- 44:18Speaker 2: into creating a program, the path of leaves resistance here
- 44:21Speaker 2: is high ticket. High ticket is essentially five k, but
- 44:25Speaker 2: you have to add massive value in order to charge that.
- 44:29Speaker 2: People have to want to be around you proximity, right,
- 44:32Speaker 2: This is why people charge hundreds of thousands of dollars
- 44:35Speaker 2: to spend time with them for a weekend. But you're
- 44:37Speaker 2: getting massive value that can completely change your life. Me
- 44:40Speaker 2: and myself, I've invested over a million dollars in just
- 44:42Speaker 2: my self education, man, not even in college self education,
- 44:46Speaker 2: because I'm a believer that if I'm around in the
- 44:49Speaker 2: same room with people that are greater than me, okay,
- 44:52Speaker 2: then I'm gonna be able to pick up on what
- 44:55Speaker 2: makes them great, and then I'm going to be able
- 44:57Speaker 2: to add it to my volt. I'm going to be
- 44:59Speaker 2: able to use it execute and that that's going to
- 45:02Speaker 2: convert into money. And most people don't think like that.
- 45:05Speaker 2: They think it's a waste of time because they don't
- 45:07Speaker 2: see the instant gratification anymore so. Within digital marketing, guys,
- 45:11Speaker 2: the path of leaves resistance would be sharing your story,
- 45:15Speaker 2: creating a personal brand, and then waiting as long as
- 45:19Speaker 2: you can to launch your product or your offer, just
- 45:22Speaker 2: like equivalent to starting a podcast. Right right now, I'm
- 45:24Speaker 2: in the stages of still learning the podcast, but look
- 45:27Speaker 2: at my results. I'm an average guy. It's called the
- 45:30Speaker 2: level of podcast with polics. Here's the strategy that I do,
- 45:33Speaker 2: and I know you guys are gonna love this because
- 45:35Speaker 2: because you guys do your thing.
- 45:36Speaker 1: Let me take some notes man.
- 45:38Speaker 2: So there was a podcaster he goes by Ryan Steuman.
- 45:43Speaker 2: So roughly seven years ago he did five minute motivational
- 45:49Speaker 2: just episodes bro five minutes. Think about that. What target
- 45:54Speaker 2: audience are you trying to attract with that? People that
- 45:56Speaker 2: don't have time? Right? So I would listen to these
- 45:59Speaker 2: motive quotes when I would wake up first thing, because
- 46:02Speaker 2: I believe in waking up with some motivational, powerful, you know, affirmations.
- 46:08Speaker 2: It's just how it's gonna go ahead and it's gonna
- 46:11Speaker 2: allow you to actually be the best person that you
- 46:13Speaker 2: can every single day. And the same thing when I
- 46:15Speaker 2: go to sleep, I wanted to listen to positivity. I
- 46:18Speaker 2: don't want to go to bed mad. I don't want
- 46:20Speaker 2: to go to bed angry, worried, you know, have anxiety,
- 46:23Speaker 2: none of that. Man, you have to go ahead and
- 46:25Speaker 2: truly believe the words that you're absorbing every day. So
- 46:28Speaker 2: when it comes down to it, I used to listen
- 46:31Speaker 2: to this podcast and I was like, dude, it's so great,
- 46:33Speaker 2: And then he ended it and I'm like why, It's
- 46:35Speaker 2: what made him successful, It's what initially started him off
- 46:39Speaker 2: to greatness. Like now the dude is a monster in business, Okay.
- 46:43Speaker 2: So when I started this podcast back in March of
- 46:45Speaker 2: this year and twenty twenty four, I was just like,
- 46:48Speaker 2: all right, I'm ready. I'm gonna call it the level
- 46:50Speaker 2: of podcast with Paul Alex. It's just going to be
- 46:52Speaker 2: self help. That's it, self help, motivational mainly talk about mindset,
- 46:57Speaker 2: just like what we're talking about, right, because why that
- 47:01Speaker 2: is the number one needle mover behind any entrepreneur when
- 47:05Speaker 2: it comes to any business. It doesn't matter if you
- 47:07Speaker 2: have all their resources. How many times have you guys
- 47:10Speaker 2: read of high successful families and then the son or
- 47:13Speaker 2: the daughter ends up going ahead broke even though they
- 47:17Speaker 2: were set up for life. Man, they had a silver
- 47:18Speaker 2: spoon in their mouth. Why because it's their mindset. Everything
- 47:22Speaker 2: comes back to mindset. Man, you guys wouldn't be able
- 47:24Speaker 2: to create all of you guys created, being able to
- 47:27Speaker 2: scale invest best the way it is, which was massive.
- 47:29Speaker 2: You guys did a phenomenal job within four years, because
- 47:32Speaker 2: it's taking people like Live Nation, for example, years to
- 47:37Speaker 2: get where you guys are at. Right. But the reason
- 47:39Speaker 2: why you guys been able to do that is because
- 47:40Speaker 2: of your mindset. You know, I'm pretty sure you guys
- 47:43Speaker 2: probably have social proof where you guys written this on
- 47:46Speaker 2: the wall or on a piece of paper on your notes,
- 47:49Speaker 2: and you're probably looking at it. You're like, damn, this
- 47:51Speaker 2: is crazy, bro. And man, me and my guys we
- 47:54Speaker 2: talk about that all the time. So my podcast, I
- 47:57Speaker 2: keep it five minutes. I do Monday through Sunday. Guys,
- 48:02Speaker 2: last two months we reached two million listeners and I'm
- 48:08Speaker 2: number two in business, number fifty six on all categories
- 48:12Speaker 2: right now. Thanks. But it just shows you, like the
- 48:18Speaker 2: power of going ahead and taking a perfect action. Like
- 48:23Speaker 2: I said, I don't know nothing about podcasts, and people
- 48:26Speaker 2: are like, why is he saying that he's em baringness
- 48:28Speaker 2: as well? No, I'm not. I'm being honest. As an entrepreneur,
- 48:30Speaker 2: You're not going to know everything. The thing is being
- 48:33Speaker 2: willing to get uncomfortable. And I was super uncomfortable. Man.
- 48:36Speaker 2: I was just like, dude, am I singing this right?
- 48:37Speaker 1: Like?
- 48:38Speaker 2: Am I going ahead and saying like what people want
- 48:40Speaker 2: to hear? And it was tough. Man. Just imagine you
- 48:42Speaker 2: guys sitting up, especially your guys first episodes. You guys
- 48:45Speaker 2: are putting out these podcasts and you're putting your soul
- 48:47Speaker 2: and passionate into it, man, and then there's only two
- 48:50Speaker 2: or three people listening to it. You probably get a
- 48:52Speaker 2: review on YouTube saying no one's listening to your shit
- 48:55Speaker 2: right and you feel like crap, But no one sees that.
- 48:58Speaker 2: No one sees the beginning. And it wasn't until now
- 49:01Speaker 2: due we got like millions of listeners and it's freaking
- 49:03Speaker 2: awesome because I know I'm making a difference. I get
- 49:06Speaker 2: messages every day people are like, dude, oh, listen to
- 49:08Speaker 2: your podcast and motivates me want to go to work
- 49:11Speaker 2: like it's so awesome. And guys, I don't even do ads.
- 49:14Speaker 2: I don't sell anything on there. It's all free. And
- 49:17Speaker 2: the reason why is because the person who adds the
- 49:19Speaker 2: most value, especially right now in twenty twenty four, is
- 49:22Speaker 2: going to win. If you're able to add value to
- 49:25Speaker 2: people's lives where they're transforming their mindset and even their environments, dude,
- 49:31Speaker 2: you're gonna have a forever client. That's what I've been
- 49:35Speaker 2: able to build for myself. I've been able to help
- 49:37Speaker 2: four thousand clients throughout different niches, through different small businesses.
- 49:42Speaker 2: But clients that bought into the first business, they go
- 49:45Speaker 2: ahead and buy into the second business and then the
- 49:48Speaker 2: third business, and then they go ahead and they actually
- 49:52Speaker 2: absorb everything else that you create. I mean, it's awesome, dude.
- 49:56Speaker 4: Well what's so I was gonna say, merchant automation.
- 49:58Speaker 2: Yeah, that's it's a great story, man. So with merchant automation,
- 50:03Speaker 2: that's primarily what I'm working on now. Merchant automation was
- 50:07Speaker 2: an idea that actually started in December of twenty twenty two.
- 50:11Speaker 2: And since I was already doing ATMs, I was already
- 50:15Speaker 2: like in the financial services industry. Right, So credit card terminals,
- 50:20Speaker 2: that's what it is, credit card processing. Right. How many
- 50:23Speaker 2: times do we go to restaurants, convenience stores, bodegas, all
- 50:27Speaker 2: that and we pay like a convenience fee or the
- 50:30Speaker 2: owners end up paying that convenience fee for allowing you
- 50:32Speaker 2: to use your credit card? Right? So I met two
- 50:36Speaker 2: mentors out of California, where I'm originally from, and their
- 50:40Speaker 2: nine figure entrepreneurs. They built a massive company called pay
- 50:43Speaker 2: Backs and they are an ISO independent sales organization. And
- 50:49Speaker 2: what we've been able to do is they basically connected
- 50:53Speaker 2: with somebody that knew me. We went to dinner and
- 50:56Speaker 2: they were like, Paul, this is the big blue ocean.
- 50:58Speaker 2: Here's the opportunity. Okay, credit card processing, what do you
- 51:02Speaker 2: think about it right now? And like what most people
- 51:04Speaker 2: when they first hear this, they're like, dude, et cetera.
- 51:06Speaker 2: Everybody has credit card terminal. What are you talking about?
- 51:08Speaker 2: Right But what you don't know is what you don't
- 51:10Speaker 2: know man. So essentially, I want ahead and I got
- 51:14Speaker 2: asking deeper questions and they go and they tell me, well,
- 51:17Speaker 2: think about it like this. There is a strategy that
- 51:19Speaker 2: was launched and back then it was launched two years ago.
- 51:22Speaker 2: It's launched called the cash discount program. And this cash
- 51:25Speaker 2: discount program is where essentially you could go ahead and
- 51:29Speaker 2: charge the merchant's clients the convenience fee instead of the
- 51:34Speaker 2: merchant pain for the convenience fees. So let's say if
- 51:38Speaker 2: you have a bodega that right now, on average, they
- 51:40Speaker 2: typically make around two hundred thousand dollars in revenue going
- 51:43Speaker 2: through the credit card machines. If you, as the credit
- 51:47Speaker 2: card terminal provider, were to offer this service to them,
- 51:51Speaker 2: it does a couple of things and it's amazing. Okay.
- 51:54Speaker 2: Number one, it saves the business owner who is using
- 51:58Speaker 2: your credit card criminal a hundred percent of the fees.
- 52:01Speaker 2: So now if that man was paying two thousand dollars
- 52:05Speaker 2: a month for credit card fees, because that's the average
- 52:07Speaker 2: what somebody would pay if they were doing two hundred
- 52:09Speaker 2: thousand dollars in revenue. Dude, you just help them save
- 52:13Speaker 2: a lot of money for an entire year. We're talking
- 52:17Speaker 2: about what twenty four thousand dollars and think about it.
- 52:19Speaker 2: That's a nice chunk of change. What can that owner
- 52:22Speaker 2: do with that money? Right? And I'm like, okay, all right,
- 52:26Speaker 2: all right, you got something going on? All right? What else?
- 52:29Speaker 2: And they're like, you can also use this as a
- 52:31Speaker 2: marketing technique. What do you mean, because I'm a marketer.
- 52:35Speaker 2: He's like, well, when you go into these businesses, your
- 52:38Speaker 2: approach aboudding value, educating them and building foundation is the
- 52:43Speaker 2: way you want to go. Think about it like this.
- 52:46Speaker 2: The Big three, Chase, as, Fargo, Bank of America, they
- 52:51Speaker 2: offer credit card processing right to business owners. But do
- 52:55Speaker 2: they have local agents that you can actually call and
- 52:58Speaker 2: be like, hey, calarl, what's up? Many ill have an
- 53:01Speaker 2: issue with my credit card process and machine man like, well,
- 53:03Speaker 2: what's going on? You can't Usually when you call, it's
- 53:05Speaker 2: going to be somebody from out of the country or
- 53:08Speaker 2: it's gonna be a banker who doesn't really care. Okay,
- 53:11Speaker 2: So what's our advantage here is we're a smaller company
- 53:16Speaker 2: who cares. And this is where the value comes into
- 53:18Speaker 2: play again. Okay, every company that I start, now, the
- 53:22Speaker 2: first thing I want to emphasize is value. How much
- 53:27Speaker 2: value can I provide to the customer so they can
- 53:29Speaker 2: see that we actually care and then in return, guess
- 53:32Speaker 2: what we're getting paid. That's just the equal equation that
- 53:36Speaker 2: most people miss. Man, we don't talk about credit card terminals.
- 53:39Speaker 2: We don't even talk about the service. We talk about
- 53:42Speaker 2: how we could save them money. We could talk about
- 53:44Speaker 2: how we can make their systems better, and we can
- 53:46Speaker 2: talk about how we can help them build a secondary
- 53:48Speaker 2: source of residual income. So it does two things. Saves
- 53:52Speaker 2: the merchant the soore owner one hundred percent of their fees.
- 53:55Speaker 2: And number two, let's say one of you guys or
- 53:57Speaker 2: both of you guys, we're interested in actually providing the
- 53:59Speaker 2: credit terminals. Now, you guys are making residuals off of
- 54:02Speaker 2: their clients. In return, what if you get actual merchants
- 54:07Speaker 2: that are like, hey, but I want to make some money.
- 54:08Speaker 2: Too easy, you guys can actually split the residuals. If
- 54:14Speaker 2: the revenue is big enough, let's say it's two hundred k,
- 54:16Speaker 2: you guys get one percent of the residuals from that
- 54:19Speaker 2: two hundred k.
- 54:21Speaker 1: What is that.
- 54:24Speaker 3: Of two hundred thousand, two thousand.
- 54:26Speaker 2: Dollars dude, for one terminal, one account. Let me ask
- 54:30Speaker 2: you guys something.
- 54:31Speaker 1: Okay, how many terminals are you doing now?
- 54:33Speaker 2: So I'm personally doing eighty, so right now, my residuition
- 54:37Speaker 2: comes at thirty thousand. Okay, But we're talking about for
- 54:42Speaker 2: my clients that I help get into this business now
- 54:44Speaker 2: as well, because here's my bigger picture. Here's my vision. Okay,
- 54:48Speaker 2: if you guys don't see it, my vision is, yes,
- 54:51Speaker 2: I could go ahead and I could travel to New York.
- 54:54Speaker 2: I could drive to these different states, close these eels myself.
- 54:58Speaker 2: That is the harder path my mindset as an entrepreneur,
- 55:02Speaker 2: It is what is the path of least resistance. If
- 55:06Speaker 2: I already built a successful company the first time, I
- 55:08Speaker 2: have four thousand people that believe and trust me, why
- 55:11Speaker 2: not show them the new opportunity which I have and
- 55:15Speaker 2: help them make a secondary source or a third source
- 55:18Speaker 2: of residual income. Because that's that's what it comes down
- 55:21Speaker 2: to It comes down to time, right, the new rich.
- 55:24Speaker 2: I don't believe the rich anymore really care about you know,
- 55:28Speaker 2: the Lamborghinis and the manches. No, dude, it's time freedom.
- 55:32Speaker 2: How great is it for you guys to have businesses
- 55:35Speaker 2: and be able to travel the world without worrying or
- 55:38Speaker 2: stressing about the income. You know, that's true freedom. It's
- 55:41Speaker 2: it's in here man. It's just like knowing that, hey,
- 55:44Speaker 2: my bills are going to get covered. Business is still
- 55:46Speaker 2: going to handle and I don't got to be in
- 55:48Speaker 2: there on Slack or any of these communication systems talking
- 55:52Speaker 2: to my team making sure they're doing what they're doing right.
- 55:54Speaker 2: And that's what it is. That's what I focus on first,
- 55:56Speaker 2: to cover my bills.
- 55:57Speaker 3: So when you had the ATMs, you got merchant automation.
- 56:03Speaker 3: It feels like these are fintech companies in a sense. Right,
- 56:06Speaker 3: So when I think fintech, I think valuation, and I
- 56:09Speaker 3: think if we umbrelltherly, it becomes a holding company for
- 56:12Speaker 3: a larger vision where it's now this is a fintech
- 56:14Speaker 3: company who can now come and at one point maybe
- 56:19Speaker 3: package this up and sell it. Is that on the
- 56:21Speaker 3: vision board and then back to that part where you're
- 56:23Speaker 3: saying the vision. It's like, all right, I got four
- 56:25Speaker 3: thousand people that trust me, I teach them the skill.
- 56:30Speaker 3: There is there a percentage inside there that now is
- 56:32Speaker 3: a kickback because you've you're giving them locations.
- 56:35Speaker 2: Okay, Yeah, that's good man, you know what you're doing. Okay,
- 56:39Speaker 2: but yes, it comes. Here's the thing. Somebody who doesn't
- 56:44Speaker 2: have the experience in business when you first start off,
- 56:48Speaker 2: Let's be honest, a lot of people are agree they're
- 56:51Speaker 2: gonna be like I want it all myself. And I
- 56:53Speaker 2: was like that too back in my nightclub promotion days,
- 56:56Speaker 2: which is why it didn't last.
- 56:57Speaker 4: Right.
- 56:58Speaker 2: So at the end of the day, when it comes
- 56:59Speaker 2: down to I'd rather partner up with somebody who knows
- 57:04Speaker 2: what they're doing and give them a percentage. The reason why,
- 57:08Speaker 2: because I knew they're going to do good business buy
- 57:10Speaker 2: me because it also affects their business. So that's exactly
- 57:14Speaker 2: what we do. We essentially will start them up, okay,
- 57:18Speaker 2: where we set them up with everything, whether they're a
- 57:21Speaker 2: proactive entrepreneur or whether you're more of a passive investor. Okay,
- 57:25Speaker 2: it just really depends on time. How much time do
- 57:28Speaker 2: you have to invest into starting this business, and I
- 57:31Speaker 2: in the same conversation with the driver, but it goes
- 57:34Speaker 2: into if you have let's say roughly four to five
- 57:37Speaker 2: hours a week and you're willing to go ahead and
- 57:40Speaker 2: sit through what we call weekly clinics with my partners
- 57:44Speaker 2: where we'll actually teach you, hands on man how to
- 57:46Speaker 2: go ahead and sell this. Because I feel that everybody
- 57:51Speaker 2: in this country knows at least ten businesses that they
- 57:55Speaker 2: could approach and ask a very simple question, do you
- 57:58Speaker 2: pay credit card process sessing fees? And less than five
- 58:03Speaker 2: percent of businesses in the United States right now are
- 58:07Speaker 2: using cash discount program, so probably going to be a
- 58:10Speaker 2: high percentage that that person's going to say yes, okay.
- 58:13Speaker 2: So in business we call this big blue ocean. There's
- 58:16Speaker 2: a massive opportunity for a lot of people, and people
- 58:19Speaker 2: are not catching this on yet because everybody that does
- 58:22Speaker 2: merchant services, guess what, they're baby boomers. There are people
- 58:26Speaker 2: that have been in the game for so long, dude,
- 58:28Speaker 2: that they haven't integrated digital marketing. So now that I've
- 58:32Speaker 2: met guys that have been in the game for twenty
- 58:34Speaker 2: years and I'm basically the face, I am their partners,
- 58:38Speaker 2: and I'm more into using marketing. I'm now exposing this
- 58:43Speaker 2: technique because I see it as an opportunity to team
- 58:46Speaker 2: up with entrepreneurs and even ninety fibers that are looking
- 58:51Speaker 2: to invest into something sustainable, but then also willing to
- 58:55Speaker 2: get mentored by us. Okay, because it's a partnership. And
- 58:59Speaker 2: if we're able to get hundreds of people in every
- 59:01Speaker 2: single state, oh dude, yeah, valuation is gonna go up.
- 59:04Speaker 2: Sounds like fintech, but I'm gonna I'm gonna be very
- 59:06Speaker 2: honest with you guys. I'm never gonna retire. And I
- 59:11Speaker 2: know a lot of people are like, well, like, no,
- 59:12Speaker 2: are you gonna retire. No, I'm never gonna retire. It's
- 59:15Speaker 2: just in me, dude. I've always been a worker. Like
- 59:17Speaker 2: with me, it's just working smarter, not harder. You know,
- 59:20Speaker 2: I'm back injuries from law enforcement, dude, Like, it's just
- 59:23Speaker 2: it wore it wore me down, bro, just seven years
- 59:25Speaker 2: in that city. It was crazy. But now I work smarter.
- 59:29Speaker 2: So what I'm trying to build is I'm in the
- 59:32Speaker 2: next stage of my life. Man. I just got married, dude,
- 59:34Speaker 2: so now I'm looking to making some kids. I want
- 59:37Speaker 2: like three four kids with my wife, even my wife.
- 59:41Speaker 2: She's like, Babe, I want to launch like a consulting
- 59:43Speaker 2: program for women that need help finding like their true
- 59:47Speaker 2: love of their life. And I'm like, oh yeah, let's
- 59:49Speaker 2: do it. You know, I have the resources, like I
- 59:52Speaker 2: know what to do, Like it's in my head. Let's
- 59:54Speaker 2: let's rock. And That's what I'm really trying to do. Man,
- 59:57Speaker 2: I'm really trying to build things that I'm passion about,
- 1:00:00Speaker 2: and this is one of them. Rich at Onnation is
- 1:00:02Speaker 2: one of them because it's already changed the lives of
- 1:00:06Speaker 2: dozens of my mentees, dude. Like, I have so many stories.
- 1:00:10Speaker 2: If you guys, go either on my website on my Instagram.
- 1:00:13Speaker 2: That's what I promote the most. I don't even promote
- 1:00:14Speaker 2: what I have. I could care what I have. It's
- 1:00:17Speaker 2: more about them. It's about the transformation of what we're
- 1:00:19Speaker 2: doing for people. So to give you a great example,
- 1:00:23Speaker 2: I did another podcast with another podcaster and I have
- 1:00:29Speaker 2: brought one of my mentees who dramatically changed his life. Dude,
- 1:00:33Speaker 2: within seven months, this guy went from owning a construction
- 1:00:36Speaker 2: company okay in Colorado, and he has a wife, he
- 1:00:40Speaker 2: has two kids, and he gave his first chance with
- 1:00:44Speaker 2: us because of our social proof of results, and he
- 1:00:47Speaker 2: talked to one of our prior clients and he went
- 1:00:49Speaker 2: all in, dude, and he went all in, and within
- 1:00:51Speaker 2: seven months he was able to scale to forty accounts.
- 1:00:55Speaker 2: And I asked him, I interviewed him in front of
- 1:00:57Speaker 2: my audience, and I was like, hey, man, how is
- 1:01:01Speaker 2: it possible that you went to forty accounts without having
- 1:01:04Speaker 2: like a massive team like me. And he goes in.
- 1:01:08Speaker 2: He says, the product sells itself. It truly does, because
- 1:01:14Speaker 2: you think about it, what are the cons behind it?
- 1:01:17Speaker 2: The objections that we've gotten is, well, what if my
- 1:01:21Speaker 2: clients don't want to pay their own convenience fee to
- 1:01:23Speaker 2: use their credit card? Right? But when you think about it,
- 1:01:27Speaker 2: that only gets into effect if they're doing high ticket
- 1:01:30Speaker 2: Let's say you're buying a nice watch, watches like ninety
- 1:01:33Speaker 2: thousand dollars. Now you've got to pay four percent of that.
- 1:01:36Speaker 2: More than likely that's not going to be your ideal client.
- 1:01:38Speaker 2: You want to go for actual customers, like businesses that
- 1:01:43Speaker 2: people use every day, breakfast cafe shops, coffee shops, food trucks,
- 1:01:48Speaker 2: convenience stores, bodet gas, what is it, auto repair shops,
- 1:01:53Speaker 2: things that have high volume of transactions. Those are the
- 1:01:57Speaker 2: best businesses to deploy this exact strategy because they're paying
- 1:02:01Speaker 2: a very small percentage and the volume. You got to
- 1:02:04Speaker 2: think about it like this, you're getting paper swipe. So
- 1:02:07Speaker 2: the more volume has, the better it is for your
- 1:02:09Speaker 2: business because it's not going to affect the actual client
- 1:02:12Speaker 2: buying the service or the product. And that's what I
- 1:02:14Speaker 2: always tell people. I mean, right now, we have over
- 1:02:17Speaker 2: a thousand accounts that we've signed up under our umbrella
- 1:02:19Speaker 2: in the past year, and it works. We don't get
- 1:02:23Speaker 2: no kick back as far as just like hey, I
- 1:02:25Speaker 2: don't want your machine, I don't want your service here. No.
- 1:02:27Speaker 2: People love it because it's saving the business owners tends
- 1:02:31Speaker 2: to hundreds of thousands of dollars, and the people that
- 1:02:34Speaker 2: were helping get into this business. It's making them a
- 1:02:37Speaker 2: lot of residuals where they're able to quit their nine
- 1:02:39Speaker 2: to five and they're also able to focus on this
- 1:02:42Speaker 2: growing residual income that's going to last in a lifetime. Man,
- 1:02:45Speaker 2: it's a beautiful thing.
- 1:02:46Speaker 3: How large scale can you grow these accounts? So I
- 1:02:48Speaker 3: would see bodega is grocery stores, that makes sense. Are
- 1:02:51Speaker 3: you looking at sporting venues? Large scale accounts like that
- 1:02:56Speaker 3: arenas where you're talking about twenty thousand people coming in,
- 1:03:00Speaker 3: you're talking about one hundred thousand people. If you're at
- 1:03:01Speaker 3: a college Saturday, you know, you go to your arena,
- 1:03:04Speaker 3: you're talking abo one hundred and ten thousand you, Ohisle state.
- 1:03:07Speaker 1: Is that Can it grow that large scale?
- 1:03:09Speaker 2: It can? And can That's the future. That's the future. Man.
- 1:03:13Speaker 2: We literally just started a little bit over a year
- 1:03:17Speaker 2: and within sixty days I did it as a one
- 1:03:19Speaker 2: man startup and we were already a million dollar company
- 1:03:23Speaker 2: within sixty days cash collected. Dude, Like it was amazing.
- 1:03:26Speaker 2: But the reason why is because we started with that
- 1:03:29Speaker 2: push behind the current clientele that we had. They believed
- 1:03:34Speaker 2: in us, They believed in my vision when I you know,
- 1:03:37Speaker 2: presented it to them and I was just like, hey, guys,
- 1:03:40Speaker 2: you know, this is the vision I have for this
- 1:03:42Speaker 2: new company. This is the great opportunity that I believe
- 1:03:46Speaker 2: that I'm investing in for my family. So it's like,
- 1:03:50Speaker 2: think about it. If you were able to invest into
- 1:03:53Speaker 2: Uber in the very beginning, the humble beginnings of Uber
- 1:03:57Speaker 2: or Amazon, this could go that big, really can with
- 1:04:01Speaker 2: the right management, with the right belief and the right
- 1:04:04Speaker 2: culture of employees that we do have. I truly believe
- 1:04:07Speaker 2: that just because I'm leading it, and that's why I've
- 1:04:10Speaker 2: been able to go ahead and hire CEOs for the
- 1:04:12Speaker 2: rest of my businesses because I want to go all
- 1:04:14Speaker 2: in on this one because of that belief, right. But
- 1:04:17Speaker 2: to go into what you were just saying is I
- 1:04:21Speaker 2: think that's the future, but not now. The reason why
- 1:04:24Speaker 2: I want to focus on helping hundreds of thousands of
- 1:04:27Speaker 2: entrepreneurs first accomplish true financial freedom through this, and then
- 1:04:33Speaker 2: we can focus. I'm pretty sure throughout those hundreds of
- 1:04:35Speaker 2: thousands of mentees or agents that we do get, there's
- 1:04:39Speaker 2: probably going to be a handful of people that are
- 1:04:42Speaker 2: already going to have the connections because I'm a true
- 1:04:44Speaker 2: believer in our network. Right, your network can truly change
- 1:04:47Speaker 2: your net worth. So what's going to end up happening
- 1:04:50Speaker 2: is we're probably going to get one or two people
- 1:04:52Speaker 2: that have such a human, humongous network that they're going
- 1:04:56Speaker 2: to be like, Dude, I can present this to my people.
- 1:05:00Speaker 2: I could get all these accounts for myself. And that's
- 1:05:02Speaker 2: what's happening already. We're getting a few people, like top
- 1:05:05Speaker 2: affiliate companies that work with like Russell Brunson, for example,
- 1:05:08Speaker 2: that they're like, hey, dude, we have over two hundred
- 1:05:11Speaker 2: basically foot soldiers all over the East Coast that can
- 1:05:15Speaker 2: go ahead and present this to accounts. He's like, how
- 1:05:19Speaker 2: can we set it up with your business where essentially
- 1:05:22Speaker 2: we can do a partnership. You do the training, you
- 1:05:24Speaker 2: do the deployment of the terminals, you find the location,
- 1:05:28Speaker 2: and you just direct our two hundred affiliates and I'll
- 1:05:31Speaker 2: pay them, you know, whatever I get from my residuals.
- 1:05:34Speaker 2: And I was like, yeah, dude, let's do it. So
- 1:05:36Speaker 2: that's something that we're working on for later on this year.
- 1:05:38Speaker 2: But do you say, like, the opportunity is huge, man,
- 1:05:42Speaker 2: I'm sure you guys have a huge network, you know,
- 1:05:44Speaker 2: huge network that you're probably thinking right now. You're like, bro,
- 1:05:48Speaker 2: I know so many restaurant owners so that can use
- 1:05:51Speaker 2: this because it's going to save them a ton of
- 1:05:53Speaker 2: money and then on the back end, it's going to
- 1:05:55Speaker 2: make you guys a lot of money on residuals.
- 1:05:57Speaker 4: So before we leave, what's some departing words that you
- 1:06:00Speaker 4: can leave to entrepreneurs your journey that you you know,
- 1:06:04Speaker 4: personally went through that kind of some words of wisdom.
- 1:06:08Speaker 2: Yeah, No, absolutely, man. I mean, you gotta believe in
- 1:06:10Speaker 2: yourself at the end of the day. It's the conviction
- 1:06:12Speaker 2: and the passion that you have as a person. Don't
- 1:06:17Speaker 2: do yourself a disservice by actually listening to people that
- 1:06:21Speaker 2: having gotten to the life that you dream of or
- 1:06:24Speaker 2: the lifestyle that you want to actually live. My entire life,
- 1:06:28Speaker 2: I've been judged. I've been judged when I was a
- 1:06:30Speaker 2: corporate America. I've been judged in high school. I've been
- 1:06:33Speaker 2: judged and police officer. As a police officer, I've had,
- 1:06:35Speaker 2: you know, a coworkers say hey, dude, you're not gonna
- 1:06:38Speaker 2: You're gonna be a bad cop. But then it went reverse,
- 1:06:41Speaker 2: right because of the conviction of belief that I had
- 1:06:43Speaker 2: in myself at the end of the day. No one
- 1:06:44Speaker 2: can take that away from you. So key takeaway here,
- 1:06:47Speaker 2: anyone listening to this, just do it. Just do it literally,
- 1:06:50Speaker 2: just like Nike, just do it. Imperfect action is going
- 1:06:54Speaker 2: to win over getting stuck on analysis par analysis. The
- 1:06:58Speaker 2: best thing I ever did in my life was invest
- 1:07:00Speaker 2: twenty bucks on a couple of books. And I know
- 1:07:02Speaker 2: it sounds cliche, on a couple of books that change
- 1:07:05Speaker 2: my mindset and dramatically changed the lifestyle of my family. Man,
- 1:07:09Speaker 2: it dramatically changed everything for everybody. Do Bloodline Breaker, and
- 1:07:12Speaker 2: that's what it's about. Man.
- 1:07:14Speaker 1: We appreciate you. We appreciate you being that investors. Man.
- 1:07:16Speaker 1: What was your takeaway from the event? Oh?
- 1:07:19Speaker 2: Dude, it was awesome. It was awesome, like I said, man, Like,
- 1:07:21Speaker 2: I was a night Code promoter for like six years,
- 1:07:23Speaker 2: and I know what it takes to basically like orchestrate
- 1:07:28Speaker 2: and organize an event that massive. And I think you guys,
- 1:07:32Speaker 2: you guys killed it. Dude, you guys did a great job.
- 1:07:34Speaker 2: I think it's a great platform for people that really
- 1:07:36Speaker 2: want to educate themselves in entrepreneurship. And I think, dude,
- 1:07:41Speaker 2: I'm just waiting to see what you guys do next five.
- 1:07:45Speaker 2: It's gonna be appreciate it.
- 1:07:46Speaker 4: How can people follow you on social media? Website?
- 1:07:48Speaker 1: Everything?
- 1:07:49Speaker 2: Yeah? No, absolutely, it's uh Instagram, Paul Alex and then
- 1:07:52Speaker 2: the website is just merchant Automation dot com. Guys. Do
- 1:07:56Speaker 2: you have it?
- 1:07:56Speaker 4: Ladies and gentlemen, thank you guys, rock and for see
- 1:07:58Speaker 4: you next week.
- 1:08:00Speaker 5: An illegal alien from Guatemala charged with raping a child
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