This SUCKED But It Made Me $1,000,000 Profit

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MATT RILEY

MATT RILEY

2 жыл бұрын

✔️ You will succeed and become wealthy faster & easier if you do this... I 100% promise.
IG: / matthew.riley
FB: / mattrileyofficial
TT: / officialmattriley 💸💸
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Пікірлер: 12
@baskeplaye009
@baskeplaye009 2 жыл бұрын
This is my biggest stuggle (ironically I am an engineer working for a fortune 30). I did buy your course back in the day (Excellent course btw) and I did manage to find a semi-decent product on my 3rd try (200/day profit), with my first 2 and 4th profucts breakimg even. Im always failing (and i know its a part of it), but for some reason I cant stay concistent (my untreated ADHD doesn't help either.) I did have some sucess with crypto last year though. I turned 2k into 10k with just researching (mostly with cardano and shiba). Idk, I just feel a bit stuck. Sorry for the long random comment.
@mattmentors
@mattmentors 2 жыл бұрын
Hey no need to say sorry haha I'm super glad you shared your story! When you say stuck what do you mean? Do you not want to be at your engineering job anymore? Are you looking to either restart ecom or maybe something else that's more fun, more profitable? Btw, that's awesome to hear actually that you liked the course :) I do have new plans for the inner circle (not complete yet) so hope you've been keeping up in the Facebook group! I had some fat gains with ADA and Shib too lol. Crypto is cool.
@bilyfull
@bilyfull 2 жыл бұрын
Hey Matt! I've been really struggling with this also. I never went to college and lost a lot of time doing stupid things but I'm committed to succeeding with ecommerce and one of the biggest challenges for me is sometimes the lack of structure and ability to prioritize and analyze what I should be working on. I have an excellent work ethic but I fail at planning strategically... (I'm going to copy all these excel sheet examples from your video lol) Did you study engineering? Have you always been this well structured with your tasks and goals? Is there any particular resource that has been helpful for you in this area where you can point me towards? I really need to figure this out. Thank you so much for all the value you provide my man, I really appreciate it!
@mattmentors
@mattmentors 2 жыл бұрын
Structuring is hard but it'll get easier for you over time! And sweet, I was hoping someone would catch those and copy them haha. Would love to hear updates from you on how it's coming along in the next few weeks. I self studied just the basics of engineering so I could apply it to business systems. I would say yes I've been pretty structed even before I got into business. I used to do Pokémon video game tournaments and would have Google sheets for meta analysis, game theory, and competitive strategies. In terms of resources, I would say your #1 resource is your customers. Pay attention to what they're saying, look at the data (market research, demographics, current metrics vs. KPIs). You'll always make the best and know what to prioritize in your to do lists if you're mind is always on the customer. Example: "Let's put myself in the shoes of a customer. Ok cool, so the first time they interact with my company is this ad. This is exactly what they're seeing and feeling. Oh right, this video is missing the desired result or emotion I want to feel otherwise I would never buy it. Let's change that. Ok now they click on the ad. Wow the price this website is offering is too high for the amount I'm getting. Damn, how can I do this because my margins are thin? Oh wow, I know! I can setup a bundle and also negotiate with my supplier tomorrow. Ok, if I'm the customer I don't really feel like purchasing. Bye, let's exit website. I'm really missing out on some money I spent to acquire this customer. Let's bring them back with some ads that follow them all over the internet. We could even send them some emails because we got it from checkout."
@bilyfull
@bilyfull 2 жыл бұрын
@@mattmentors Thanks A LOT for the insights and taking your time to reply Matt! I'm testing a new store/niche right now but the launch has been delayed a little bit because of problems with Google suspensions (I wanted to test launching in this platform first, as the traffic is more relevant). So I don't have any customers now, and given the situation I'm preparing some creatives for Facebook to see how it goes... I'll definitely be paying attention to every detail and KPI once I start to get traffic and some traction and review frequently the customer's journey from the moment they interact with my brand. Thanks for all these tips my man! I'll keep you updated and I hope to bring some good news in the coming weeks :)
@bobto1157
@bobto1157 2 жыл бұрын
Good to see your back on e-commerce grind a lot easier to track your profits and automation wit the new softwares and apps
@mattmentors
@mattmentors 2 жыл бұрын
Those are cool but they aren’t 100% accurate enough if you want to split profits with a partner or do your taxes. I usually find it best to do a combo of a profit tracker app, manual spreadsheets, and Quickbooks
@chadi.boustani
@chadi.boustani 2 жыл бұрын
🚀
@andy_o6133
@andy_o6133 2 жыл бұрын
i hear you man! good stuff brotha
@mattmentors
@mattmentors 2 жыл бұрын
thanks bro
@Felix-hl9cq
@Felix-hl9cq 2 жыл бұрын
Hi Matt! Is there anyway that i can reach u, would love to discuss about a partnership. Thanks!
@mattmentors
@mattmentors 2 жыл бұрын
Check the link in the description :)
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