thebusinessholics Eric Wong and Devin Patel

Here’s the link to download the app (built in AI technology to make procrastination impossible for users). https://apps.apple.com/us/app/studyhungry/id1664623080

In this episode, we talk about the last 3 years and all the untold stories that have led up to us scaling thebusinessholics to the #1 Ranked Teenage Business Podcast Globally. If you enjoy, please be sure to leave a 5 star review and follow for weekly episodes!

In this episode, we talk about my SMMA journey from making no money to making thousands and the misconceptions in the online business community as a whole. We talk every misconception, the history of the space from affiliate marketing to Tai Lopez to Iman Gadhzi and the best advice we have being in the game for nearly 2 years.

In this episode, I talk about Jordan Belfort's rise to power and how he scammed millions to make millions. I debunk the system he used to scam idiots who didn't know anything about investing and how he's built a personal brand to continue this scam. Jordan Belfort, one of the most revered men alive that led to the emergence of the term "finance bro" created one of the most lucrative pump and dump schemes of the 20th century. If you enjoyed this episode, please make sure to leave a review! 

0:00-1:10 (How I found out about "The Wolf of Wall Street") 

1:10-4:12 (why we revere Jordan Belfort)

4:13-10:44 (Belfort's rise to power, scamming idiot investors with over-the-counter brokerages, scaling Stratton Oakmont scamming people, pump and dump, money laundering) 

10:45-18:41 (how he is able to continue scamming people, free value generates you customers, "sell me this pen") 

In this episode, I recreate Thomas Gonnet's pitch deck creating a hypothetical SMMA from scratch. I create a random lead generation agency from scratch with med spas as my niche. As I go through this business plan, I utilize ad creatives from Gonnet's sales call and show an exact timeline and plan in which you can scale an agency. Keep in mind: I would never use this in an actual sales call. I am only using this as an example for this episode to show you in detail how the business plan works and explain to you the skills necessary to be successful in the industry. After the first 7 minutes, I go in depth with how to accumulate funding, provide a SWOT analysis, the organizational structure and how to timeline your onboarding all in the CONVERSATION STYLE OF PITCHING A NEW BUSINESS TO YOU. If you enjoy our content, please make sure to leave a review and follow us for two episode a week notifications!
0:00-4:00 (recreation of Gonnet's sales pitch with new brand) 
4:00-7:00 (client demographic/geographic) 
7:00-10:05 (accumulating funding) 
10:05-19:55 (SWOT analysis of a beginner SMMA in the med spa niche) 
19:55-24:00 (organizational structure explanation/departmentalization) 
24:00-28:41 (appointment setter roles, outsourcing to VAs, explaining how everything is on you until you have the cash flow to outsource) 

In this episode, I talk about how you can use ChatGPT to grow your SMMA from scratch. As the OpenAI software has taken the world by storm, especially in the SMMA space, the need for virtual assistants/media buyers has reduced dramatically and agency owners are making way higher profit margins through the free automated process. I show you exactly how I use ChatGPT to automate my brand, eliminate the use of VAs, and how you can use the platform to create scripts, generate ideas for new ad copy, get feedback on ad copy/scripts you create, handle objections on cold call/sales calls and how you can use AI to take your brand to the next level. Listen to this episode to learn more! 

0:00-2:35 (ChatGPT Overview) 
2:35-22:53 (Using ChatGPT To 10x Your Agency) 
22:53-30:00 (What Jobs You Can Automate)