How to Start Your Passion Business Now | 49 Minutes of Advice

Evan Carmichael and Rishi Cupp play League of Legends while answering startup questions. They cover launching daily streams, whether Tony Robbins' Business Mastery is worth it, and building apps like language translation tools. The core message: resourcefulness beats money, passion matters, and you need to know your own skills.
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Good morning everybody! Welcome to another edition of Entrepreneur— we need a better name for this, guys. Entrepreneur Talk with League in the morning. Gamepreneur? We'll figure something out. This is Q&A featuring Rishi Cupp TV. Rishi, welcome aboard.
Thanks, Evan. Hi everybody, happy to be here.
We also have the one and only J-Rise in the house. We are doing a duo queue game. Rishi, what is in the cup today?
You are going to die. There is no cup before me right now.
That's why I'm gonna die.
Well, actually, yeah, you— I probably shouldn't say that right before your League of Legends game.
Thank you for the, for the, for the vote of confidence there. You are going to die in this game.
I'm just really— I'm, I'm feeling a little cup of strange because I have nothing in my cup this morning. I mean, I have love for Believe Nation in my cup, but other than that I've got no coffee because if you remember a couple weeks ago I got sick and it's been very strange. Like, I haven't been able to drink my coffee as regularly and sometimes when I do I start feeling a little nauseous.
Wow.
I know. So I'm really right now I can only do super high-end coffee. Like, if the coffee isn't like from a really high-end barista, then I found that I start feeling a little sick, so I didn't get to go this morning to my high-end barista.
I'm allergic to mediocrity too.
I love it. What's in your cup, Evan Carmichael?
I have 5 cups in front of me. Today's kind of a crazy day. My voice cracked as I said that. I have a cup of nettle tea with honey. I have a cup of smoothie, or protein shake, and a cup of smoothie. That's a big cup. And a cup of— big cup of water. And oh, we got a game. And a big cup of tea from last night that Nina made me with her Minnie Mouse— where is it— the Minnie Mouse face. So yeah, I got lots of tea. Wow, drinks. We're ready to go. All right, J-Rise is mid, I am jungle. We got the synergies ready to go. I'm excited. Let's put it back.
Uh, what do we got? Looking forward to it.
All right, okay, first question. Oh, you know what, I had the first question. I had the first question. I have been thinking, I've been thinking, let me know what you guys think. We got Rishi and J to answer here. I've been thinking of two things I've been thinking of potentially making this a Monday to Friday stream. Boom! Of doing a morning game. And I know, you know, if you guys can join, that's awesome. If you can't, that's awesome too. We'll have to figure it out.
I love it.
And I'm thinking about doing a morning gratitude stream on the channel. On the YouTube channel, like a Hangout. One of the things that I do with the leadership people on my team is every morning we have this Facebook group. We have a private Facebook group and every day during the week you have to leave 3 things that you are grateful for in the group. It's a great way to start your day. If you look at any happiness research, gratitude is always on the list of things that are important.
I do it.
So I'm thinking, that's really helped me and it's really helped the people who've been part of the group. And I'm always thinking, how do I give more love to Believe Nation? How do we bring this out more? So I'm thinking that's like a short, like a 10-minute morning stream every day at a certain time. Right. I don't know what— I gotta figure out the timing where I share something for like a couple minutes, and then whoever's in the comments, they can share some stuff. I'll read it out, recognize, give a little public praise to, and then everybody moves on with their day. I love it. Super high leverage. So it's a commitment. It's a commitment. So anyway, those are two things I'm thinking of, of a Monday to Friday league stream. And a Monday to Friday gratitude stream. It's a lot of commitment, but, uh, did somebody take Teemo?
Are you—
holy cow, somebody took Teemo! I'm gonna play Evelyn. Oh, it's okay, Evelyn. Evelyn was our monster, was our experiment last time and did well, so we're gonna go Eve anyway. Yes, I cut you off, Rishi. What's up?
No, that's okay. No, I thought you said Monday and Friday. You're saying Monday to Friday.
Monday to Friday. Every weekday.
Boom! Naps! Evan's loving the league sessions.
Yeah, that would bring us to 5 to 6 videos a day on the channel. Just can't help it. I'm addicted to the growth and the value here.
Um, absolutely. I think I need to like literally start playing this league and I think that will— I think I need to get more involved in the game.
I'll play it, I'll teach you. There you go, that's— you guys can do it. I'll beg you for your rides. That's a stream on Rishi's channel. J-Rye is helping Rishi.
Rye, that would be awesome. I don't know if I have to have like a PlayStation or something though. Do I have to have a little piece of tech?
You just need a computer. Just a computer. It's a free game and you just need a computer.
Oh, it's just like— yeah, okay, once I have this, okay.
Anyway, so that's my thought. 2 daily streams, you know, whatever level of commitment you guys want to keep. I'm, you know, honored by the— I'm still thinking about it. I'm thinking about it. This is the feeler. This is the feeler episode to think if that's what we're gonna do or not, so. Anyway, that's my question. Do one week experiment. That's my question. Well, I gotta make changes to my calendar to adjust to make that happen. So nice. Yeah, anyway, so that's what I got. Let's get into the questions.
Okay, all right, let's do this. We've got our first question from Ashley. Ashley is, um, has this idea to start a business for trichotillomania. Okay. And trichotillomania is the disorder where people compulsively pull out their hair.
Pull out their hair? Wow, okay.
Yeah, have you ever heard of that, Evan Carmichael?
I have not, but I'm, I'm I'm curious.
Yeah, I remember when I was in middle school, there was a girl, she used to like pull out her eyebrows and her hair, and so it's like, it's an actual disorder.
Yeah.
And she wants to do this, but she has no experience. And, um, one of the things that she was considering was doing Tony Robbins' Business Mastery program.
Okay.
And, um, the program, uh, but her concern was that it was a fee that she wasn't sure she was willing to pay for if she didn't think it was the right thing for her. And, um, and yeah, so she just wants advice and feedback because she wants to do this, but she has no skills, but she doesn't want to try to do it without guidance. But you know, doesn't know if it's a good thing to go doing, you know, a paid mentorship program, that type of thing. So, all right, well, I got it. I got to show— I got to share the love for Tony. I have to say I'm a fan of Tony Robbins. So absolutely, I would say you're never— I don't think there is If you really feel like, you know, you're, you're needing guidance, I don't think there is anything wrong with doing these programs. And I mean, for me at least, Tony has enough of a history where it's not like you're worried you're going to get scammed. I mean, the guy produces results, and I think that there's something to be said about investing in what it is that you want to do. And so I don't think there's anything wrong with that. That being said, I also know that there are ways where you can get training without spending money. And so if you're feeling unsure about this program and you don't think it's right for you, then I mean, you are not— you are limited You are only limited by whatever your mindset is that you don't think you can do it with, without, you know, this or that. We've talked so much on this, this particular stream about it's not about your resources, it's about being resourceful. So I, I think that one great way that you could start getting guidance without spending money is Can you find someone in the business that you are in, that you're wanting to be in? And can you— whether maybe you could start volunteering for that person or ideally even working for that person so that you can become experienced in the business before you venture out and try to do it on your own? And So I absolutely think that there are ways to find the experience that you need without spending a big chunk of cash. But hey, if I had a lot of money, if I had like 8 Gs sitting around, I wouldn't necessarily— I think it would be kind of fun to do the Business Mastery Program. What do you think, Evan?
Yeah, uh, oh wow, wow, they're invading there, that jungle Skarner that's down there. Um, I, you know, I hate spending money till I'm making money, just as a rule. Like, I'm a big Tony fan, uh, we're gonna have him on the channel, we're looking at doing a collab, uh, like some kind of interview. Oh, I got a back, I'm gonna die here. Um, But if I— I wouldn't spend my— I wouldn't spend my money on it until I had a way to make money. Like, for anybody, you know, myself included, you know. Like, if I had some business mastery program or whatever, or, or the book, or, you know, anything that I'm doing, I wouldn't— I wouldn't recommend that be like— if that's your last dollars, I wouldn't I would go out and make sure that I'm surviving. You know, the only caveat I would throw in is if you feel like you're gonna regret the decision, right? Like, if you feel that— like, Tony will do this multiple times. It's not a once-in-a-lifetime thing, and he He has amazing content and I believe in investing in yourself and there's a lot of positivity there. I just would not— as a principle and as a good discipline as an entrepreneur, it's good not to start spending a lot of money until you're making money. I just don't like that idea personally.
I'm not a fan.
I know. So whether it's Tony or anything else, I'm not a big fan. I just got a kill with some J-Rise love and support there, so feeling the gratitude. But it's great to want to invest in yourself, and I would look at what are some other options where you don't have to go out and spend money. Whether it is— I like the idea of volunteering or working for someone who has done something. A lot of times the resources, like there's videos of Tony that you can find, you know, we put up a number of videos of Tony. You know, you might be able to go to the library and get some DVDs, or go to the library and get some books of his, and it may not be as perfect, and it may take a little bit more time, But that, that's what I would do. It's just, I think it's a good discipline to get used to. And if you have, you know, if it's $8,000 or whatever it is, plus travel and hotel and all that stuff, I, I would not, I would not spend that until I had a little more certainty over what I was doing with my business. And maybe I'm just too risk-averse on that, but I think I've seen too many entrepreneurs not only fail in their business because they spent too much money too early, but also really negatively impact their lives and, you know, go into debt to do this thing that they're convinced is going to work and then doesn't, and now they're paying off a debt for, you know, the rest of their life. And that kind of— I'm scared on their behalf. So yeah, so I'll be looking for other ways to accomplish the same goal if possible.
Great. Well, next question comes from— oh, and shout out to the to the live chat today. We've got HT Kbar in the house, we've got Zaino in the house. So just a little bit of love to y'all.
I love that. J-Ryze just got a double kill, so things are looking good in this game. Welcome guys, HT Kbar and, uh, Zaino. I love it.
Yeah, and actually HP had a question and it basically said, what do you think about being an entrepreneur yet spending your time on stuff like games and all? I love it. Yeah, I think it's great. I mean, I think the more you can tap into the things that make you come alive and have fun and You know, if it's just this thing where you feel like you got to just, you know, be rigid and serious and not do anything else that we as human beings need to just be whole human beings, I think that you won't be able to sustain it. So I think the more, especially as entrepreneurs, as hard as it is, as much as you do have to work, the more you can tap into the places of fun and enjoyment will always create a more happy entrepreneur.
Yeah, combine the genius at the end. Do the things that you love and find a unique way to do it that others are not. So I like playing League. It's not my, you know, ambition to be a professional League of Legends player anytime soon, but I like it. And be able to combine that with helping entrepreneurs, answering questions, I love it. Um, and we were talking at the start of this episode about doing it more consistently than what we're already doing. Um, so that, that's for me, I think it's actually a good lesson for entrepreneurs to not— like, nobody's doing this how I'm doing this, right? Nobody's started a stream— people have started streams around League content, how to be a better gamer, or entertainment, like, you know, people are just naturally funny and they have, you know, gifts of comedy that they're applying to League. I'm doing it my way, answering business questions. And, you know, maybe it's a hit, maybe it's not. We're getting some good feedback. Maybe this becomes some huge thing, or maybe Maybe it doesn't, but I'm enjoying it and adding value to the people who are asking questions who otherwise I wouldn't be getting back to. So I've got Skarner here. So I'm a fan. I'm a fan. And I think more people should do it.
Cool. He also had a helpful— he was just recommending the game Hearthstone as a good game also for doing top-oriented stuff. Stream. Have you ever played Hearthstone? I've never even heard of it.
Uh, I have not. Uh, yeah, it, it's, it's a card game. I think you build your own decks and then you're, you know, challenging other people.
Um, oh, okay.
There's a lot of different— there's a lot of different games that you can play, just like there's a lot of different businesses that you can start, right? You got to find the one that's right for you. I haven't explored that one. I'm, I'm still enjoying what I'm doing now, so if I get bored, then maybe I'll move on. And, uh, appreciate the suggestion.
All right, cool. Next question comes from David, and David has an idea for an app. He wants to create a language app where you go to a country And if you don't know the language in that country, you could just type in what you want to say, push the country button, and then it will generate what the translation is for you. And so he's kind of just wondering, what do you think about this idea, Evan? Is it viable? So— All right. Thanks for the question, David. And I would imagine, I did not look into this, but I would imagine that the language app market is inundated. And I would just say, number one, yes, the idea is viable. You know, I think you have to believe in your idea. And if it's something that you feel like you really are passionate about, then yes, just the fact that you are feeling like you want to give value and you believe in this idea makes it viable. That being said, I think that probably language apps is probably very inundated, like, like anything else in terms of language and translation. So I would do a lot— make sure that you do a lot of research beforehand. I don't know if you have any background in programming or anything like that, so it would be important that you have the right people around you to help you make this a reality and differentiate your app so that you are somehow standing out, because again, I'm sure there already is an app that does something similar to this?
Um, no, it's all love, it's all love. Like, first of all, like, it doesn't matter what I think about the business idea. Right? Like, any business can work. Any business can work. Every business is going to be hard. Every business is going to have competitors. In some cases, like, big competitors. You know, I was at Microsoft's headquarters and they were showing me a demo of Skype where they went to— they brought in one of their guys with me, like, live in Seattle. And one of their product guys from France. And the guy was speaking English in Seattle and the guy was speaking French in France and Skype automatically translated the conversation. Like, it was pretty insane. And the translation is pretty good. Like, I understand French having grown up with it and the translation was pretty solid. Like maybe a few words that were kind of off, but it was pretty solid. So it's a big need, it's a big market, there are tons of big players playing in it. Is it a good idea? Yeah, if you can add value, you know. Like there's a lot of different ways that you can, you can play it, but you need to be able to, uh, bring enough value so that it's worth it. So is it a good idea? Like Yes, but— uh oh, we're in a big fight, we're in a big fight! J-Rise is getting kills everywhere here, this is insane. And dragons, alright, good. Yeah, I am, uh, I got 3 kills, 0 deaths, and 2 assists, so things are working out. Um, so, like, you don't need me saying that this is a hot market or a good idea to go and do. Is like the worst reason to go out and start a business. Or anybody saying that this is— right? Like, you gotta feel it. You gotta love language. This has to be a major problem for you personally. You have to have something new and different that nobody has done before, or you get in there and you figure out that, you know what? Somebody's already done this before, and you gotta find a way to now stand out and be different. And this is generally applied to every business, right? Like, you don't need anybody's permission to do it, and you better have enough insane love for it that you want to keep doing it even if— like, go look at that Skype demo. Does that— does looking at that then make you feel like, oh, I can't do this because Microsoft is doing this, right? Like, so what? Like, tons of people had a YouTube channel before I started mine. I'm still gonna go and get mine regardless. Oh, I'm gonna die. I died. Very sad. What was Morgana doing? That was crazy. Didn't even pay attention. Anyway, I should have paid attention. I died. That's very sad. So, right? Like every industry has tons of competition. Every industry has established players. There's not like— there's not this insanely easy business that you should go out and start and there's a path to riches. Uh, and you can make money in any industry as long as you can provide value. So I only, like, I hesitated only at the start, cause I feel like I answer the same way a lot of times, but yeah, but it's, it's, it's true. It's like, if I go and say, yeah, man, a language app is the best thing ever. That's just really bad advice. I think. And just as similar, if somebody says it's a bad idea, like if your mom thinks it's a terrible idea for you to start this language app, well, that's not the reason to stop doing it either. Mm-hmm. So there you go. Happy Friday morning.
Well, you know, Zaino was also saying in the comments, you know, like another huge player is Google. I mean, at this point, when I'm searching for any translation I just Google it. So you really have to know why you want to do this because, yeah, it's— I didn't even know about the Skype thing, but I know Google is pretty much my go-to for translation.
Sure, and absolutely. And at the same time, who cares, right? Like, if you have a thing that you want to make, I don't care if Oprah has done it before or Google or anybody, right? Don't be afraid of being competition. Just do it your way and do it differently and do it better.
Yes. Right? Absolutely.
That's what your app has to be able to do.
Did you just watch my video from last week?
Oh, is that what you said? I did not.
My video last week was how Oprah stole my big idea.
Uh-oh, uh-oh. Do we need to have a talk, Rishi? Do we need to address anything here?
I guess it's just the point that, you know, like you were just saying, there is no new idea. Everything has absolutely been done before. So at some point you have to decide what you are— you have a strong conviction in your heart to say and to how you want to give value. And like you're saying, it doesn't matter if someone else does it. It's, you know, if you believe in it, you got to do it. So, and no one will do it like you do it. So I know that, that sounds maybe a little cliché, but it's true.
When I was in the venture capital business, we would never sign a non-disclosure agreement because so many people would have the same idea. Like, you think your idea is unique, you think your, your business plan is so special, you know, there's a thousand companies out there in the same position as you with the same exact idea. And so, like, a venture capitalist will never sign a non-disclosure agreement because they see too many similar companies. The difference is the ones that, like, you bet on the person, you bet on the, the jockey, right? You think, well, this is the person who is going to win the race because they're gonna adjust, because they're committed to it, because they have the passion for it. It's not the idea.
Right.
It's never the idea. That's it.
Okay, thanks for the Seabiscuit analogy. Oprah.
But at the same time, like, Somebody will steal your idea too, right? Like, you better go out and get yours because if you don't do it now, you can't go blame Oprah. That's on you, man. Not Rishi, you. Well, kind of Rishi.
He's getting mad at me this morning.
Oh, we got a kill! Oh man, now we're getting attacked. It's getting pretty crazy. But it happens to a lot of people. They have an idea, they think it's going to be amazing, and then they don't do it. They're afraid, they sit on it. Somebody tells them they're not capable, whatever reason they don't do it. And then somebody else goes out and makes a ton of money on it, and they say, "That person stole my idea!" Or they blame their best friend for not supporting them. Supporting them or believing in them. It's nobody's fault but your own. It's not Oprah's fault, it's not your mom's fault, it's not your best friend's fault. It's your own fault for not believing in yourself and doing it. It's not my fault for telling you it was a crappy idea or a good idea. It's all on you. Now go make a decision.
Okay.
Am I angry this morning? I feel like— I feel like that might be harsh, but it's true. I like— don't— it's all out of love for them not making the wrong decision, right? And just blaming other people. You know, you want something, you go get it.
Yeah. And also, like, I mean, we're continuing on with this one question, but like, also, like, there is a level of you having to be willing to not feel like there's a perfect decision to make. Like, you know what I mean? Part of it is like, tell me what is the perfect decision that's not going to fail. And some of this is just something you can't even— you got to just try. And even if you fail, it's on to something maybe else that will work. So I think we get stuck in this, OK, it's going to be this or it's going to be that. I have to know which is going to work, and I don't think anybody really ever knows, you know.
Yeah. All right, all right, moving on.
Next, next question comes from Skylar. Skylar's developing a multi-generational app, and this, this in theory is something that Skylar wants to develop so that, um, it says, can significantly improve our global society's weakening state of morality. And, but Skylar says, I know next to nothing about creating a business, so I'm writing to you. Can you give me some advice? So we've got another app question. And, well, I guess again, I, for me, go with apps. It goes back to just, if you're going to do this, go for it. But just make sure that you also, if in and of yourself you don't have the background in programming or developing something like this, then it would be important that you can team up with someone who has that because, like, you know, it's a compelling idea, but, you know, how are you going to get it done practically? And it sounds like you would really need to work with someone if that's not the experience that you have personally.
I agree. I think a lot of people are romanced by the idea of an app, but they don't know how to program. And if you want to have success, long-term success in that field, you have to— you need somebody on your team who can do it, right? Like, if you are not the programmer, there's no massively successful app company that doesn't have a programmer who really loves programming. So maybe that is like Maybe that's him, but he doesn't have the business acumen or business skills. And maybe that's what he's trying to figure out.
Right?
So, Jay, do you want the blue? Is that what we're going for here? Okay, I'm going to help Jay get that. You can do it there. Thank you. I'm just helping Jay Rise get some extra resources there to make him stronger. The collaboration here. Uh, so I have a like high-level kind of meta thought and then maybe a more practical thought. I was asked on the stream yesterday, um, what's the most important skill you need to have in business? And And I mentioned like passion is always my go-to advice of what's the most important thing in business, but I don't really consider it a skill. Maybe that's just my view on it. But it was, yeah, it was the willingness to learn. It's the— if you want to learn something, you'll go out and find a solution. That's a huge part of entrepreneurship. Like here's a goal, I have no idea how I'm going to do it. But I'm going to figure out a way. So that's massively important that you have that intent that, listen, I want to start an app company. Maybe I'm a great programmer. I have a great idea that I really believe in, but I have no idea. Don't die. I have no idea how I'm going to do it. I'm going to go out and research and I will find a way. And having that mindset that, you know, I take that mindset into whatever I'm doing. I may have no idea how I'm going to start a YouTube channel. I have no idea how I'm going to record videos. I have no friends who've done this with me before, but I'm just going to figure out a way to do it. And when you go in with that mentality, you can easily find solutions. So this is a good example, like, hey, reaching out and saying to me, right, I need advice. That's a great start, but don't end there, right? Continue your journey to go go out and learn. Uh, now maybe more kind of practical, uh, we've addressed the programming side, like if you can do it or not. If not, go out and find the partner that can help you do it. Uh, if it's more the next part, the next part comes like marketing and promotion. I'd be looking at who has the audience, right? We talk about it a lot on the stream, but Influencer marketing, find the people who already have your target audience and how can you work with them to explain what you're all about and get their support in promoting your app. With apps too, really it's so easy to spread an app and we talked about this on our last stream I think. I asked you what you have on your phone.
Yeah.
Rishi, right? And you know, you're all about Snapchat and It's awesome. And what you're going to find is when you have something that people love, they will share it. So you've got to find out what it is that people love. We are fighting! Like, there we go. Nice kill. We're rocking this game, man. This game is almost over. I don't want to get too kind of cocky on this, but we're doing well on this one. Like, if you can get people— you don't need a million people to download your app. What you need is 100 people to download your app and for them to love it. If that happens, then you'll get the million people to download your app. So pay attention to your customers. You don't need to have— like, business is not that complicated. Provide value, you will make money, you will have an impact. Make something that people actually love and care about, right? And want to use. It doesn't have to be this big scary thing. So if you get some people downloading it, then just really pay attention to that experience and make sure it's something that they want to use consistently over and over and over again. And the next time you're— and maybe a broader message to everybody else— the next time you're concerned or afraid or like you don't have the experience, you know, there's always a way. There's always a way. There's always a way. Go figure out what that way is. There's always a way.
Yeah, we got Ryze, uh, in chat, but now we're rising the chat.
We got Ryze in the game and the chat. The man is multi, multi-talented, multitask, task, task. I don't know how he does it, man. I have a hard time just keeping up with what's going on here. I'm answering questions, it's true.
It says business— he said business is not that complicated. Provide value, make money. That's what you just said, Evan. Good quote. That was a tweetable moment. That was a beautiful moment.
I'm glad, I'm glad, I'm glad you're feeling it. Rise is everywhere. I see it, Zeno. Rise is everywhere.
Alright, next question comes from Hele?
What?
Hele, I think?
Pele?
Pele? Pele, I think? I don't know if I'm saying it wrong, but—
Alright.
Pele. Pele says, "I want to make a living by working online. Can you give me the best easiest and fastest way to work affiliate marketing.
Yes!
And yeah, he just says he wants to work from home and he wants to be able to do it online. What can you recommend?
I love it.
Well, we get this— we've gotten this question before. I think the— I think we all want to have the fastest, easiest, best way to just work, you know, from home and have the life we want to live and all of those really attractive luxuries. But I think going back to our last question. Like, if you're really, really interested in doing something that's going to kind of create the life that you want, it's going to start by you providing value. And I think it's easy to just say, can I find an affiliate marketing and how can I just set it up? So I'm, you know, we got the question last Wednesday, passive income, like how can I just, you know, make money so I can live the life I want, but it's just kind of void of the substance, like the question is leaving out some of the more substantive factors, like what do you want to do and how do you want to provide value, how do you want to make it so that other people are other people's lives are getting better because of you. Nothing wrong with, you know, wanting to be interested in affiliate marketing, and of course there's plenty of ways to do that. You can blog and use affiliate marketing, you can be a YouTuber and use affiliate marketing. So I think the greater question is what do you want to do, how do you want to provide value, and then affiliate marketing can be a part of that. But a quick, fast, easy way to get money so you can live all the life of luxury that you want is— I just, I don't know. Maybe there's some other person out there who will tell you what that is, but I don't really believe that that's the way to go.
Well, we won. The game is over.
Oh, wow.
Yeah, it was fast. We rocked it. We rocked it with, uh, 9 kills, 1 death, and 4 assists. So pretty pumped about that. Um, I feel like we addressed this question a lot, and, and I already talked about it earlier kind of on the stream. Um, I'm just thinking like extra context about that I can add. Uh, one, I would not be searching for just the short-term quick fix, because it's likely gonna bury you deeper than where you were before. And the person who promises you that and sells you the $500 course or $50 ebook or whatever and will take your last dime because this is the opportunity of a lifetime, those are not the people to listen to. And I get the frustration and I get the sense of despair. And you can do things, you can have a big picture and that can take a while to get to, and there are smaller wins and smaller goals and ways to support yourself that tie into your bigger dream. But it's got to be around something that again, you are adding insane value to. And I'd be looking at like affiliate marketing can work. It's, it's just a business model. There's a ton of business models, uh, network marketing, e-commerce, affiliate marketing, direct sales. Like it's just, it's just a way of selling something. And so for affiliate marketing to work, some people love it, some people hate it. It doesn't really make a huge difference. It's— you have to have an emotional attachment to the product or service you're selling. It's got to be something you want to recommend to your mom. It's got to be a product that is, you know, not just the exact same as everybody else. And you need to figure out how you're going to go out and sell it. Is it going to be just a website? Are you going to go knocking door-to-door? Are you going to be joining clubs and networking with people and trying to let them know what you're all about? And are you good at that? Like, is that the best combination of your skills? And if you want to be able to make money quickly, then it's about providing value quickly. And what is the best combination of your skills and talents to be able to lead you to provide value quickly? So if you, you know, like, if— look at affiliate marketing. If that means you have to go and set up a website talking about your products. Well, are you— can you make a website? Are you good at that? Do you know how to drive traffic to a website? Or say it means you're gonna go out and go to meetings and network with people and let them get to know you, and you're, you know, gonna chit-chat and build rapport and build a bond, and then they're gonna— you're gonna tell them what you do and try to sell whatever products or services you you have. Well, are you good at that? Like, do you like going to networking meetings? Do you— are you good with people? Because any of those models, if you don't have the skills, then you can learn them. If you're passionate about it, you can learn them. But if you're trying to make money quickly, you need to think about what is the best combination of the skills and knowledge and resources you have to provide value quickly to potential customers. And that's much more an exercise of self-awareness, um, because I don't want you to buy into some affiliate marketing course which then has you doing a whole bunch of stuff that you don't know how to do and don't love, and you're selling products that you don't use or care for. Like, that will not— work for you. That's not success. You will not make your money back. You'll just continue to waste your time on things while going deeper and deeper in the hole because you're trying to find a way to break through financially. And so the, you know, my frustration or my bluntness is really out of a genuine care and respect for your time because I want you to make sure you're not going down the wrong path. Wasting more time, spending more money, and not getting anywhere closer to the results that you're seeking. So what is the best combination of the skills, resources, knowledge that you have now to be able to add value to another human being's life? That's your fastest path to making money as an entrepreneur, and that may be affiliate marketing.
Maybe.
But maybe it's not. Maybe something totally different. And you need to self-discover and have the awareness to be able to figure that out.
Can you say that again, Evan? What is the best combination of the skills?
I just made that up on the spot, Rishi. I quoted it.
Darn it.
You quoted it. There you go. What is the best combination of your skills? Oh, passions. I think I said skills Resources and knowledge.
Passions and races.
But it could be passions. It's true, but it's all that stuff, right? Yes, passion, skills, resources, knowledge, right? Like, what do you have, do you know that can help somebody else out, add value to their lives without having to go learn something totally new? Like, if you want to start an app company and you don't know how to program, well, okay, do you want to learn how to program? Like, if that's your insane desire that you want to be a programmer, Awesome, go out and do that, figure it out, take the courses, dive into it, you know, the willingness to learn that we talked about. It's great, you've got it. But if you don't, then that's not the best combination of your talents, your skills, your passion to be able to add value, and you're going to get stuck on the programming side. And so do you bring on a partner or do you do a different business idea? And too many people don't have that self-awareness and they get locked into somebody's system or somebody's program. There's a 10-step formula and like 8 of those steps don't apply to them.
So, okay, there you go.
Guys, I love you. I am happy, okay? I feel like there's a harsh love that comes out on these chats, but it's just really a genuine frustration that I don't want people to fail, right? Like, 80 to 90% of businesses will fail. I almost failed in my company. I wanted to quit. I don't want— I know how hard that is, and I don't want people to stay there or to get there if they haven't gone there yet. Right? So—
Feel the love, feel the love.
So I turn up. Okay, this is awesome. Thank you guys for watching. Thank you, Rishi, for the advice. Thank you, J-Rise, for the collaborations and in-game energy and in-stream chatting too. Finding a way to do that. I will sit on the daily stream idea and see how we're going. So stay tuned for either Monday or Wednesday for our next stream. That's all I got. Thank you guys for watching. Thank you— who is in the live chat? Let's see, we got Zaino, Ryze, Rishi. Who was the other one who joined in? HT Kibar. Have an amazing rest of the week. Rishi, you got a final message?
I'm just gonna say, what is the best combo of your skills and passions to provide value quickly? AKA, what's in your cup?
Oh, oh, going a new level of meta there. I like that. Jay, you got a message? A final message? Yeah, keep rising! Keep rising. All right, that's it. Have a great weekend, guys. Continue to believe, or whatever your one word is, and we'll see you soon.
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