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The Top Entrepreneurs in Money, Marketing, Business and Life

Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! The Top is FOR YOU IF you are: A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4) STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7) An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1) The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14). Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries. Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at NathanLatka.com/TheTop
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Now displaying: Page 1
Sep 19, 2016

Pejman Ghadimi, a self-made entrepreneur and best-selling author born in Iran, raised in France, and crushing it in the United States since 1997. Listen as Nathan and Pejman talk bottom-line numbers, exotic cars, and what it takes to build a multimillion dollar business from scratch.

Famous Five:

 

  • Favorite Book? – Start With Why
  • What CEO do you follow? – Elon Musk
  • Favorite online tool? — N/A
  • Do you get 8 hours of sleep?— No
  • If you could let your 20 year old self know one thing, what would it be? – Take life more seriously.

 

Time Stamped Show Notes:

  • 01:40 – Nathan introduces Pejman to the show
  • 02:15 – VIP Motoring
  • 02:45 – At its core, VIP is an automotive investing service
  • 05:00 – Legal bribery
  • 06:30 – Pejman sharing his payout
  • 06:56 -- $2.6M net cash flow
  • 07:12 – What Pejman does with the money he takes from VIP Motoring
    • 07:45 – Buying luxury assets
  • 09:05 – The exotic car market allows people to get in and out of it quickly
    • 09:34 – These cars aren’t meant to be driven, no one ever drives the cars, they never see public roads
  • 11:10 – The industry and room for growth is limited by demand…the people buying these high-value cars are limited in supply
  • 12:38 – Secret Entourage— A mindset, attitude, and a way of life. The relationships you form that revolve around yourself. The network that helps you be successful. The movement that.
  • 13:30 – The entrance fee is $200
  • 14:20 – Secret Entourage was not established as a revenue generating business
  • 14:50 – As many as 36,000 sign ups in 2015
  • 15:36 – How Pejman drives signups and facilitates exposure for his brands and drives new customers
  • 17:50 – Pejman’s email list has 100K people, but he doesn’t use the list very often
  • 19:40 – Nathan drill Pejman on the definition of “his movement”
  • 20:59 – @ICreateMillionaires
  • 23:16 – The Famous Five

3 Key Points:

  • Obscure industries can be extremely profitable.
  • Just because you have a massive email list, doesn’t mean you should exploit it.
  • You will always be limited by demand so be aware of what that demand is.

Resources Mentioned:

  • Toptal – Nathan found his development team using Toptal  for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal  developers.
  • Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
  • Freshbooks – The site Nathan uses to manage his invoices and accounts.
  • Leadpages  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
  • @ICreateMillionaires – Pejman’s Instagram Handle
  • Show Notes provided by Mallard Creatives
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