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Published: Jan. 31, 2016, 3 p.m.

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Ep 161\\xa0Tom Hunt, a location independent founder of online marketplace Virtual Valley. Listen as Nathan and Tom talk about the latter\\u2019s experience selling men\\u2019s leggings and hiring offshore employees.

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Bio

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Tom Hunt is a\\xa0TEDx Speaker, Dragons Den \\u201cFailure\\u201d and Location Independent Founder of Online Marketplace: Virtual Valley (Launching Jan 2016) That Connects Entrepreneurs & Rockstar Virtual Assistants (www.blog.virtualvalley.io).

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3 Key Points:

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• Publicity from shows such as Dragon\\u2019s Den usually won\\u2019t benefit a company directly but can raise publicity for an area of products.
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• Getting press is much easier for a business if it jumps on top of an existing trend.
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• According to Tom, often times it\\u2019s more worthwhile to focus on the journey than the result.
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Time Stamped Show Notes:

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• 01:00 \\u2013 Nathan\\u2019s introduction to today\\u2019s show
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• 01:27 \\u2013 Tom joins the show
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• 01:51 \\u2013 Tom tells the story of how he started selling men\\u2019s leggings.
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• 03:18 \\u2013 As a part time project, Tom and his partners started selling them online and was able to sell 150 pairs in the first year.
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• 03:50 \\u2013 Eventually, Tom\\u2019s efforts were chronicled in an online article that was shared about 66K times.
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• 04:46 \\u2013 Tom talks about how he got onto Dragon\\u2019s Den, UK\\u2019s equivalent of the show Shark Tank.
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• 06:10 \\u2013 Tom\\u2019s revenue since selling men\\u2019s leggings was roughly 160K.
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• 07:01 \\u2013 Tom\\u2019s online store saw a big spike in traffic the day after Dragon\\u2019s Den. 100 -> 1000.
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• 07:28 \\u2013 The store got more traffic from the daily mail article because there was a direct link to the site.\\xa0
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• 08:00 \\u2013 The online store is still operational and doesn\\u2019t spend any money on paid acquisition. All the advertising is done through social media outlets.
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• 10:10 \\u2013 Virtual Valley is a service in which people looking to build a team can acquire its members virtually.
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• 11:30 \\u2013 There\\u2019s a 20% service charge for using the platform \\u2013 Virtual Valley provides advantages such as employer/employee insurance and an online time tracking program that it believes is covered by the fee.
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• 13:14 \\u2013 Virtual Valley\\u2019s services are based in the Philippines.
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• 15:04 \\u2013 The company\\u2019s goal is to have 7K monthly recurring revenue by February. By the end of 2016, 15K per month in recurring revenue.
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• 15:53 \\u2013 Getting press is much easier if a business can jump on an existing trend.
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• 17:51 \\u2013 Famous Five
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Resources Mentioned:

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• Growth Geeks \\u2013 The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
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• Daily Mail \\u2013 Article about men\\u2019s leggings
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• @tomhuntio \\u2013 Tom\\u2019s twitter
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• Tom Hunt \\u2013 Tom\\u2019s personal website
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• Meggings \\u2013 Tom\\u2019s e-commerce business
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• Virtual Valley \\u2013 Tom\\u2019s online marketplace
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• The Icarus Deception \\u2013 Book Tom stands by
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• Sniply \\u2013 Tom\\u2019s favorite online tool
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Famous 5

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• Favorite Book?\\u2014 The Icarus Deception \\u2013 by Seth Godin
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• What CEO do you follow?\\u2014 Nathan Latka
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• What is your favorite online tool?\\u2014 sniply
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• Do you get 8 hours of sleep?\\u2014 Yes
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• If you could let your 20 year old self know one thing, what would it be?\\u2014Focus more on the journey instead of the result.
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Credits

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Show Notes provided by Mallard Creatives

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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! Join the Top Tribe at http://NathanLatka.com/TheTop

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The Top is FOR YOU if you are:

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A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

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STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

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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)

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The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

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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.

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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 http://NathanLatka.com/TheTop

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