Published: Sept. 19, 2016, 9 a.m.
b'
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:
\\xa0
- Favorite Book? \\u2013 Start With Why
- What CEO do you follow? \\u2013 Elon Musk
- Favorite online tool? \\u2014 N/A
- Do you get 8 hours of sleep?\\u2014 No
- If you could let your 20 year old self know one thing, what would it be? \\u2013 Take life more seriously.
\\xa0
Time Stamped Show Notes:
- 01:40 \\u2013 Nathan introduces Pejman to the show
- 02:15 \\u2013 VIP Motoring
- 02:45 \\u2013 At its core, VIP is an automotive investing service
- 05:00 \\u2013 Legal bribery
- 06:30 \\u2013 Pejman sharing his payout
- 06:56 -- $2.6M net cash flow
- 07:12 \\u2013 What Pejman does with the money he takes from VIP Motoring
-
- 07:45 \\u2013 Buying luxury assets
- 09:05 \\u2013 The exotic car market allows people to get in and out of it quickly
-
- 09:34 \\u2013 These cars aren\\u2019t meant to be driven, no one ever drives the cars, they never see public roads
- 11:10 \\u2013 The industry and room for growth is limited by demand\\u2026the people buying these high-value cars are limited in supply
- 12:38 \\u2013 Secret Entourage\\u2014 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 \\u2013 The entrance fee is $200
- 14:20 \\u2013 Secret Entourage was not established as a revenue generating business
- 14:50 \\u2013 As many as 36,000 sign ups in 2015
- 15:36 \\u2013 How Pejman drives signups and facilitates exposure for his brands and drives new customers
- 17:50 \\u2013 Pejman\\u2019s email list has 100K people, but he doesn\\u2019t use the list very often
- 19:40 \\u2013 Nathan drill Pejman on the definition of \\u201chis movement\\u201d
- 20:59 \\u2013 @ICreateMillionaires
- 23:16 \\u2013 The Famous Five
3 Key Points:
- Obscure industries can be extremely profitable.
- Just because you have a massive email list, doesn\\u2019t mean you should exploit it.
- You will always be limited by demand so be aware of what that demand is.
Resources Mentioned:
- Toptal\\xa0\\u2013 Nathan found his development team using Toptal\\xa0 for his new business Send Later. He was able to keep 100% equity and didn\\u2019t have to hire a co-founder due to quality of Toptal\\xa0 developers.
- Host Gator\\xa0\\u2013 The site Nathan uses to buy his domain names and hosting for cheapest price possible.
- Freshbooks\\xa0\\u2013 The site Nathan uses to manage his invoices and accounts.
- Leadpages\\xa0 \\u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
- Audible\\xa0\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
- @ICreateMillionaires \\u2013 Pejman\\u2019s Instagram Handle
- Show Notes provided by Mallard Creatives
'