This is why I still watch all of these “new rich” influencers, but I don’t listen to what they tell me to do, I watch what THEY are doing, and do that. 🔥
Saw you in AS and your channel recently. Glad to see another game related channel lmao. It’s absolutely true what you’ve said though. The losers listen blindly to the advice of the rich, the winners are able to treat the rich as equals and remain in their own position
Exactly this is the game imagine someone worth millions have time for broke people and make videos on RU-vid the key is why is doing this RU-vid videos what is the true value here
Thank you for sharing this Charlie, the “scam” is effectively influencers advertising to the masses that everyone will be in the top 1% if they follow a set of steps, when in actuality they’re the consumers contributing to the elevation of the influencer, it’s pretty brilliant as far as marketing goes in all honesty!
@user-zl1yq7qo1d I don't really think a good entrepreneur needs to resort to selling shovels. A real problem being solved is all you need. You don't have to sell courses. I'm not sure I would even call this a multi level marketing scheme. There aren't downlines in this. The people learning the skill are getting customers and as far as I'm aware there is nothing owed to the top. I can understand calling this sketchy. As it's not likely that this many people are qualified to teach difficult skills and in reality many of them are selling an inferior product.
@@AbdullahFarhanLife And just like most businesses. Most businesses are copies of other businesses and most of them fail. But the ones that are valuable. The thing about these gurus is that theres an extra layer of perceived uselessness. You have to have a good guru matched with a good student. It's a two sided market meaning that not only do you need a top 1% guru but you need to be a top 1% student to get value out of that. meaning that 99.999% of gurus and student pairs will fail and so the whole thing seems like a scam from the outside. But to the successful students it is extremely valuable.
@@SacredCASHcow that's an absolute great point. The student needs to be someone who receives and actually implements. Meaning "understands the game " too. Tbh even with that, businesses can still fail and I don't like how these grurs make it seem it will work no matter what. You as a content consumer or student needs to accept that shit can hit the fan, whether it works or not. All u can do is try and put effort and hope for the best
The second level of wealth creation. Level 1 you learn a skill, level 2 you teach that skill, level 3 you become a brand (aka anything with your name on it sells)
1. Start an agency or service 2. Make $5000-$10000/month 3. Shift to teaching people how to make $5000-$10000 (even if you did it just once or twice) 4. And keep leveraging the pain points of making money The only thing that's a bit morally dubious, is how a lot of people angle it as, "My AGENCY makes $50,000-$100,000 per month" when it's not the actual agency, it's the coaching business that does.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
It's important for investors to exercise caution with their exposure and be mindful of new purchases, particularly during times of inflation. It's advisable to seek the guidance of a professional or trusted advisor, as high yields in this economic climate can be challenging to navigate.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Not at all, I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.
I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
Problem is I don't get exactly what's he selling on top of pyramid. Selling course on how to teach people to run an agency? What is the product that he sells to begin with?
@@AbdullahFarhanLife its a pyramid scheme so it doesnt matter what the product is. he gets u to buy whatever. u get other people to buy the course and make money from referrals. they do the same. ultimately he makes a bunch of money from people buying something that doesnt do anything and u make only a fraction from the referrals
Great video Charlie. For me the best option was dropshipping. That business will always be viable because people need to buy things. If you can find good products and make your store appealing, you will be really successful. My strategy is to use some product search tools (my favorite one is using a bit of winnerzila. I love how affordable their lifetime plan is and I paid it off in one week). If someone is wondering, my favorite niches are pets and electronics. You can always have good money in these.
@@redonmuqolli nah bro its all. scams, just create your own product or acc be smart in school get a good banking job or computer software and you'll have many exit opps. Point is either way eventually you need to provide your own goods or services to make it, not reselling other peoples things
I've built successful online businesses, and I left. Ill tell you why its not a good idea, this is million dollar advice. Dropshipping relies on several high-skill mechanics, leverage, and has tons of bottlenecks. For example, to be successful at drop-shipping, you must then be good at marketing and brand development, this is an insanely hard skill to master and employ. To create a successful brand, you need a good product, importing non-sense from China, especially with delayed ship times that every other reseller and drop-shipper does is not the play. While you can develop branding that isn't as price sensitive, you cannot develop branding where people ignore price when you're importing garbage from China with long shiptimes. As drop-shipping is typically not buying bulk with wholeselling, you're paying marked up margins on the product, which makes you less competitive with the market. Your products heavily relies on how well you market and brand, which is allot easier said than done, when again, you're importing from China with long ship-times and turn-around. They key to marketing a product is to have a GOOD product, this is severely overlooked. You can be a master at marketing, you won't convince people to buy pee in a bottle. You can have a great product that ships quickly, then you don't have to worry about the rest of the equation nearly as much. With eCommerce, like eBay or Amazon, your business constraint is how much inventory you can buy and hold. Which means you cannot use skills to leverage and grow your business, its all about volume that you can buy and hold. For example, if you're buying $2K of inventory, and another person is buying $20K of the same product, they're going to get a better price, and therefore, beat you on price. This is why marketplaces like eBay and Amazon are races to the bottom with terrible margins. The long-term is high cost of inventory to scale. At scale, your margins are so thin you cannot grow. Imagine you sell a product for $100, make $20, then need to hire employees, equipment, space, etc, all on $20. It doesn't work well. The best businesses to create from the bottom, especially if you don't have money, are service-based businesses, as your only constraint is realistically lead-cost and a few minor things. The key to a successful business with branding you intend to sell is to simply creating a top-tier product, people need to move away from trying to learn how to market garbage, and instead, learn how to create a top-tier product.
Claims revealing some "secret" other rich friends won't like, if you actually pay attention to what he's saying, he's indirectly promoting his teaching services.
@@justjumari Dont be so gullable hes using tricks saying oh I've got this big secret to hook people in when really all he did is state the obvious. I don't mind people selling and promoting something its how he was acting like he was trying to reveal some big secret when it was all just a trick.
@@DoomCatcher I agree nothing special and is not a pyramid scheme. Real value is created here vs a pyramid scheme where there's no real value which lead to collapse of the pyramid.
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.❤
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Think consultants (McKinsey, etc.) can charge ridiculous hourly rates because they make their clients (businesses) more efficient and profitable. That's leverage. Now, if you can teach consultants to be more efficient, you can charge a ridiculous-squared hourly rate as you now operate with double leverage. 🙂 Nice insight Charlie. Thanks!
I think the issue is figuring out the product that the client ( agency owners) that add value. All of this is foggy for me. I mean, what's exactly the product that Charlie sells and what type of clients he has? Wish influencers were more clear about the value they provide
CORE LESSONS IN MONEY 1. MONEY IS MADE WHEN VALUE IS CREATED. 2. VALUE IS CREATED WHEN PAIN IS RELIVATED. 3. PAIN IS ALLEVIATED WHEN PROBLEMS ARE SOLVED. gem.
Hallelujah!!!!!!!!!!! The daily Jesus devotion has been a huge part of my transformation. God is Good 🙌🙌🙌🙌🙌🙌🙌🙌🙌was owing a loan of £47k to the bank for my son's brain surgery(Samuel). Now I am no longer owning after I invested £6500 and got my payout of £290k every month, God bless Sandrina Edmondson 🇺🇸🇺🇸🇺🇸
Hello how do you make such monthly, I am a born again Christian and sometimes I feel so down 🙁of myself because of low finance but I still believe in God.
Make a video on the "candid intro" thing that I see most RU-vidrs do. It's where they start the video pretending to be casually walking around the house and then sit down at a mounted tripod and continue the video. I see everyone do it but I'm curious where y'all learned it from. Is there a reason behind it? thanks Charlie
Clear as a day, and follows the natural order of things. If someone has an issue with this, they need to change their mindset and learn more about business. I don't see any "scam" anywhere if actual value is delivered and creates 'a win' on every level.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Kimberly Smith.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
The problem is that this is incomplete... There is a whole part of the make money online industry where selling the dream is the product where the value/product is more entertainment than anything else....
How’s the video complete? All he said was the people at the very top which teach others how to make money, make the most money. That’s great, it doesn’t make it any different from the videos which Alex Hormozi or Andrew Tate make. They just tell you the bigger picture which anyone can figure themselves once they can get to that step. How can you consult/teach others how to make money without making money yourself first, well you can’t. You don’t have the experience or reputation to do that, that’s why these guys make money of these videos, because they have the experience. This video is just a waste of time for most people because they can’t even get through the first step, it’s even more confusing then ever because there’s so much advice and random stuff being thrown out there. How do you start?
@@benobwon229that’s where I’m stuck. He’s a fairly young lad. I’m wondering what qualifies him to coach professionals that are looking to coach business owners on getting clients. That’s 2 levels of proficiency that this chap supposedly has over the business owner. So where did he make his reputation to be able to claim that level? These videos are surely the reason, and naive hustle culture wannabes are surely the target that contact him off the back of them. The outcome is likely that it doesn’t work, and his client crash and burn in the real world. But I could be being overly cynical.
I always laugh when people throw "pyramid scheme" and try to use it as a punchy insult but all it really does is expose their own ignorance, lack of knowledge and fundamental understanding around business, especially those that operate online.
YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺
How does the value trickle back up the pyramid if the initial pool of your customers are reissuing/potentially rebranding and regurgitating your information on a separate B2B or B2C sale?
I think a more accuraten comparrison would be, Highschool teachers Guru, teaching other people how to be Highschool teacher gurus, but not actual highschool teachers, it's just guru wannabes all the way down the piramid, and the one at the top collects the combound revenue that is invested upwards into him.
Savage ending. I now understand domains like physiotherapy better. Here you have Experts teaching teachers teaching professionals who need the education for their license to be able to make more money off consumers. I’m sure i’m suddenly gonna see these constructions EVERYWHERE. Thanks for expanding the perspective man.
So, it's creating the smell of $hit and charging people to look for where the smell is coming from in the hopes of finding the source as the smell is so distracting. There really isn't a source, but since the smell is so distracting, people will continue paying in the hopes of finding the source, but there really isn't one... 🤔
And thats my friends is how the game works! Born in scam, live in scam, die in scam, and you dont know if its a scam, because you see only one side of the story... called scam... dang!
Long story short: Starting an actual agency is too much hard work so instead just sell scam courses on business models you’ve never actually ran because people are desperate and will buy anything promising 10k a month. 😂
@frxzerlxwis yeah I felt the same way for a long time and this is just a confirmation. I don't think Smma is the problem, or hustling, or online money business models. I think the problem is buying these courses thinking you will make money, or lying to people by selling your own course.
@@TekFN-el2fg The solution is to get started. Stop (if you are) consuming content and start actually doing. If people want to do SMMA, they will learn a lot more from taking action, than just sitting here watching scammers.
I agree with everything he says but someone who made $20m doesn't look like that. Most would disagree but hear me out, when you have a million dollar in your bank acc your entire mindset, how you look, the way you talk, everything changes.. and no i'm not talking about wearing flashy shit but if you have a million dollar in your acc you'd know what i'm talking about.
Including you. People who work in Tesco provide more value to the world. Going by your logic, people who stack shelves, allow customers to eat, so they can go to work.
Hey Charlie, thanks for another great lesson…. but it makes me wonder if you’ll be able to help me with client acquisition in my business where I help women feel better ( generally speaking)???
Hi Charlie, this is a positive comment. I usually hear voices on telegram or RU-vid on 1.5x or even 2x if Persian. But when I hear you I check and see speed is normal and then I change it to 0.75 to comprehend it better and Learn better. The spied and also confidence you mentioned in previous video is very cool
I got into a MLM Conference when I was 19. Thought it's a Scam and got out of it. Some peeps made Eddies $$$ Some didn't. Now I'm 23 did multiple Biz Models currently in AI Integration. Every Good Business is a Successful Pyramid Scheme and that's Okay this is How things work. I'll do the same.
So legit question. Is the method you teach your coaches to get their clients the same method that your coaches teach their clients to get their customers?
What you saying Charlie realised this when iman gadzi on his wave like before he had like 100k subs and Hamza started his skool community, as it goes their stuff got shared around and I watched it and realised there literally 1000s and 1000s of guys doing the same thing over and over again and none of em have nothing new they are just copying and pasting it. Ofc the ones who are on top making bank while others are fighting scraps online. If anyone wants to make tons of money you have to make your path like Sam sulek did.
So if we want to be the one who sells the shovels, do we need to be gold miners first? For example, if we want to coach coaches, can we go straight into that or do we have to be coaches first?
The catch 22 is that someone HAD to teach and talk about the opportunity unless how are people supposed to know the benefit of an agency let alone how to do it. Same thing applies with all things
Well, props to you for making this video. The only thing that I think that you are wrong about is adding value, I don't really think you add that much value, to be honest. And this is not to criticise you, you are just taking advantage of the market flaws and you're really good at it. This whole coaching coaches to coach coaches is a bullshit economy, it's essentially a pyramid scheme that doesn't produce any real value, yes it increases purchasing power and spending of a scarce number of outliers that succeed and manage to produce the next layers of coaches but it also takes money from the majority that they could have spent or invested in other ways that maybe would contribute to innovation. On the other hand, the world will autocorrect, soon people who actually work with their hands and produce actual value that none of us would have survived without, will hopefully be appreciated more by society and earn more for their work. Again, I'm not criticising you, you're just playing the game, and you're not making the rules, but the truth is the truth
I agree, of course, it's not all black and white and it's not an actual pyramid scheme which is illegal, but yeah, I also think this is a bullshit economy that does not produce real value.
Hi Charlie, currently in grind mode and wondering how you kept track of your 200-300 outreaches per day? Did you track each one or just allocate a certain amount of time and don’t stop. Would be cool to see a video about your early days refinement process in figuring out what worked and what didn’t. Love you work mate!
@@TheThinker341 also, I'm genuinely........ Confused. I'll think a 10000000 times before going to spend my hard earned money on sam ovens', tai lopez' etc.. Highly expensive courses.
Tate actually convinced me to join TRW, I learned dropshipping and just after 9 months I could make good income from it. Currently I have a new store which generated 41k$ in sales since 4th of April and profit out of the sales is 11k$
Bro, why does this thumbnail look just like mine! It would be dope if you saw it and got inspiration. I would be honored! I love the transparency Charlie!
Sell to resellers who resell what you sold them to be resold to a reseller who resells it to be resold. I realize that sounds like something Terrence Howard might say, but I'm sold. This is the way.
@@DennisVicta Because it all loops back. If his clients' clients' client (the bottom consumer) is making more money or achieveing their goal (ex. weight loss), they will spend more money with the clients client (the gym owner), which will incentivize the gym owner to spend more money with the client (the gym owner consultant) which will in turn spend more money with the client acquisitions consultant. As most of these top owners (the client acquisition consultants) have fix prices that are paid in full, it doesn't make much sense that this would ultimately loop back around to the to make the more money (because of the gym owner consultant having to pay the client acquisition consultant in full at the beginning). But, when they pay money and a achieve a great result, it incentivizes them to refer more clients to the acquisition consultant (through referrals, reviews, etc.). It is a little bit confusing but when you map it out in a way as Charlie does, it makes sense. Many of these gym owners or agency owners have friends and are well connected into their industries. If word gets around that there are proven systems that are working at the 2nd to top or top level of the market, they will eventually end up purchasing. Bringing it back, no one would purchase from the top of the market unless they have a product that could provide every level of the market with value. Otherwise, it would be unaligned and would cause for bad reviews/rep. Ultimately, Charlie, Iman, Alex, all create the most amount of value which they are then rewarded for.
@@DennisVicta He's illustrating how markets work. He's simply showing how money naturally gets funneled up towards fewer and fewer people at the top. He's not saying that he directly gets paid through some kind of revenue sharing or something like that when his clients make a sale. Did that answer your question?
Bingo that's exactly what I'm looking for. What's the point of saying all of this if you don't explain context and an approach when you could sell an actual product/service to your target audience ( clients) . We need a practical process
So, let me get this right, what are you telling is this: " Fix a problem for yourself, then get paid to teach how to fix the same problem, then some of your clients will eventually also teach to other people how to fix the same problem, in this way a lot of people would fix that problem and you, the creator of the solution will get the most money and recognition" right?
So basically teaching other people how to sell nothing but teaching other people how sell nothing...classic pyramid. But no one said pyramids don't work, just not my thing
The bottom line is they make millions with marketing. The skills they acquire is just the bait. Marketing your brand is 100 percent how they get rich. Follow any public rich person and that's the formula. Private rich people sell things. Public rich people sell ideas and themselves.
Scammer theory I learned a few years ago its all bogus Focus on buying a successful business with retiring owners Invest in index stocks Real estate Make a passion profitable Painting design whatever God speed
Charlie's genius relies on a thing marketing calls "Pattern Interrupt". All his advice, when he talks about another people in the online biz space, cutting bullshits, revealing truths, it is all so likeable and refreshing since, everybody is doing kinda the same thing regarding how they structure their YT content and ads, and all those barrel scraperz who try to get to the top. Charlie is a modern day genius. Props to him.
I prefer you called yourself a master coach, instead of a pyramid scheme… brutal honesty, big respect! The Long Tail - Chris Anderson talks about e-commerce in the same respect, money salaries follow similar power dynamics.. even back to the telegraph (or the carrier pigeons) at the time of Americas founding it’s always been those who have the critical information the fastest win; finally that power curve applies to trading stocks and robo-advisors closest to the market exchange.
Ok i a few questions maybe someone can help answer: How much profit has Charlie made AS AN SMMA AGENCY and across what time period? Im not talking about teaching / coaching / consulting other SMMA Agencys. If you've generated millions online - how much of that was generated via SMMA? (NOT COACHING) The problem - if I've generated... say 100,000 in REVENUE over a 1 year time period - is it then morally right to then be shilling my coaching? telling people I've made millions online in the SMMA business. Im not saying Charlie has done this - but I feel that that's what is going on in this online space sometimes - people make a bit of money or LIE then switch to coaching which is a FAR easier sell. The pyramid has been hijacked
Charlie has videos in the past where he mentioned his gym agency did like 100k/month or more so I’m pretty sure he was legit before selling “coaching.” But yeah 99% of the smaller smma youtube gurus are exactly like you described where they make a bit of money in their first year and then start selling courses, coaching, etc.
@@TOMWEDDING if you haven't achieved it, then you havent proved that the advice you give actually works. Ie. you're talking out of your ass, which will screw someone over.
Because the more 4th levellers exist, then the more 3rd and 2nd are required to satisfy them. Meaning there will be even a higher demand for people like him
