My #1 Shortcut to Success - The DM Ep.7 Recap

So. But he's still.

So that's why this week I'm going to do a whole new launch, like to my list.

Oh, God, he's feeling.

Did you get that on camera?

Yeah. I'm keeping this.

Nice.

Mike, do I need to come have you help you with your drink?

Like I had to help you with a steak. I can manage.

I know. Little technical difficulties. I know what it is. You just can't even drink straight. All these girls hitting you up.

Oh, my God.

That's what it is. You know, and what people don't realize is that the most valuable asset in the world is time. You can't get time back. What I've learned, which I wish more people would talk about, is that you don't actually have to learn from mistakes. You can learn from other people's mistakes.

Welcome to the DM recap show for episode seven.

Mike, what the heck is this? Are these bills?

What is that? We've been paying our bills. What are you talking about?

Actually, that was some mail from the person that was here before us. Yeah, you know, just.

You just rip that.

Yeah.

What if it was important?

We don't pay bills.

We don't pay bills.

The lights are about to turn off any second.

Imagine if they just did. That would be. That would been the end of it.

Yep.

No more dm, no more episodes.

That's why you guys better start liking and subscribing. We need that. That AdSense money.

Better get on that. All right, so welcome to the DM recap show. This is for episode seven. And here with the star, Vince Reed. As always, I'm Mike, head of production here at the dm.

And you're also a star. Look, a bright star.

Appreciate that. Just. I'm just here to facilitate.

All right. Doing a great job at it, too. Thank you.

How you doing today, Vince?

I'm good. I'm excited. We just watched, you know, the episode he did, and it was. I'm enjoying them, to be honest.

They're getting better and better. Shout out. Shout out to Connor over there on the ones and twos. He's been. He's been a major part of the editing.

Awesome job process.

No.

Let'S start off with the company that you started to find a lot of success in. What was the name of it? Mitts.

Mitts.

What does that stand for?

My Internet traffic system.

Who came up with that name?

Me.

Did you really?

I did.

It's a great name. It makes a lot of sense.

It was all right. It was long. Okay. I would have made Something a lot shorter, you know, but my current operations manager, shout out to you, actually started calling it Mitts. She's like, you have to get your mitts on Mitts is what she would say.

Catchy. Yeah, catchy. So you start to find a lot of success with that. Started to bring in more sales over time. Talk to us about that. How is. How did that process happen? Because you just came back from a devastating shutdown with your previous business, the app business, so now you're starting to, like, see, okay, things are popping, pop, popping again. So talk us through that.

Yeah, it was. It was cool to. To come back. You know, like I said, people love a comeback story. So it's. It's never as good as it seems, and it's never as bad as it seems. And, you know, I think the best thing about life is learning from your mistakes. And every time I failed, you know, including when I found digital marketing, it was like the worst time ever, right? I had lost everything in real estate. Then I find digital marketing, and then your business collapses. Then you meet a mentor, meet someone else, and then you land back on your feet, Right? So, you know, it's just kind of a cycle of life. The key is to learn from the mistakes.

What did you learn? Well, one thing you can take away.

From that, I will tell you two things that I've learned. You know, I've learned from every mistake. But what I've learned, which I wish more people would talk about, is that you don't actually have to learn from mistakes. You can learn from other people's mistakes. And this is where people go wrong. So, like, for example, the world will look at someone who's failed at something and write them off and say, oh, that person's failed. Don't listen to them. Oh, they failed at 10 businesses. Like, you hear people, you know, for example, with Donald Trump, or he's failed at companies, he's also made a lot of money and other stuff, right? So it's like, you know, you have to look at what they did in terms of how they failed and learn from it. So for me, what I've learned as I've gotten older is to find as many business owners as I can that have had success and the ones that have failed. And I try to learn from them so I don't have to learn from any more failures. Because as you guys can see from the dm, I've made a lot of them. Like that software company. A lot of them.

Yeah, yeah, exactly. And a lot of things can be taken from that. And I think you've been really. In a way.

It'S the storytelling aspect, but it's also the teaching aspect and the ability to combine those two. Because we were having a little bit trouble. I wouldn't say trouble, but just finding our way in the first couple episodes. And Vince was doing a great job teaching. So.

We were talking, and we were thinking, like, okay, is there a way to teach through stories? And Vin started to develop that, and I think, you know, we caught something. It's, like, really engaging now.

I appreciate that, man. I mean, it's fun. And honestly, when I watch them, because, you know, when we make these, you might out there watching, think they're scripted. They're not. I just get up there and start talking, and a lot of times I don't even know what I said until the episode comes out. And I just hope I didn't say anything that gets me in trouble.

Oh, we kept all that.

Yeah, yeah.

In a hard drive. Secret hard drive.

Yeah, something like that. Make sure you seal that. That's gonna come out, like, later on. Vince said this, and I'm like, you know, what do they call it? I'm gonna be canceled. Canceled? Yeah. Something will come out. Let's cancel him.

So you get invited to speak in Fiji, and this was for who again?

This was the VIP party's event. This was his big master, the guy that you met at the vip.

Hi. Hi. Hi. Hi. Ticket clients. Amazing people are paid, like, 25 to 100 grand in his program.

Okay, so you went to go speak there. How was that whole.

It was cool, man. First, it was just cool to just go to Fiji. First time, you know, first time in Fiji. It was awesome. I mean, I've never met nicer people. It was so. It was so awesome. And I don't know if we don't do a lot of B roll, but one of the things I remember the most there was going and just spending time with the. The kids and the people there. There are some clips of me just going out there and just spending time and, like, just getting to know the people. They were so nice and just so appreciative of the little things that we take for granted here. So that was really cool.

That's cool.

Yeah, that's cool.

Because that's very important, especially here in the States. Yeah, a lot of people take things for granted.

Absolutely.

You.

Then go on to skydive. Right. And you were talking about, like, your fear of flying first and foremost, because you were talking about how, you know, you put your. Your hand on your. On your wife's knee and sweat prints. Sweat print and everything. So what kind of pushed you over to skydive?

I did, man. And it wasn't like I went skydiving. I'm like, oh, this is going to cure my fear of flying. But, I mean, the second I hit, I touched the ground. I mean, it's. It's knock on wood. I. I just. It just went away. So maybe there's something to it. You're scared to fly, Go skydiving.

But that also helped you get over another fear. What was that?

I mean, it got me over everything. Just limiting beliefs and just, you know, starting to step back and to realize how many things that you. You know. You know what they say. What is the acronym for fear? Was it. Was it.

Like that? Write it on the board, whatever the acronym is for fear. Like something like false something?

Yeah, yeah. False something.

Yeah.

Whatever that is. That's what happened when I landed on.

When I hit the ground.

You know what I'm talking. We got it.

We got it.

Yeah, yeah, yeah. So, yeah, but it's true. Like, there's so many things. I mean, think about it. Like the world, right? We were born, we go to school, we get jobs, and we go through this vicious cycle. But then you have these people who are just ultra rich, but all the people that are struggling, just listen to the people that don't have anything right? And they're constantly telling you, don't do that. You shouldn't do that, or, that's a scam. Don't go there. I mean, people would tell me not to go to events. All of my best friends and multimillionaire people that I've met, I've met at events, you know, they'll tell you, don't invest in courses. Courses you shouldn't have to pay, you know, 2 grand or 5 grand for a course. You could get it for free on YouTube, you know, and what people don't realize is that the most valuable asset in the world is time. You can't get time back. And what courses and events and meeting people that have experiences that you can learn from. What they do is they. They collapse time. They allow you to get to where you need to go faster. So, yeah, man, when I hit the ground, it just totally was like, okay, I'm not gonna listen to anybody else that tells me something that, you know, is. Is not real. I mean, let's just be honest. If skydiving, killing people left and right, there'd be no skydiving, right? If flying was Dangerous, there'd be no air. You wouldn't be. We wouldn't be getting on them every day. Right, right. I mean, there's less airplane crashes in, in a whole like 10 year span than there is every day driving a car. Right? That's true. So it's one of those things where when you step back, why are we having these fears? Why are these things? And honestly, if it happens, trust me, you're gonna be in a better place anyways. Hopefully, if you're living your life right and there's nothing that you can do about it anyway. Exactly. Right.

At the event you speak, was it the VIP guy that kind of told you, hey, you need to have your own?

Yeah, like always doing that, man. He was always, and I don't know why, like, he didn't have to. He was already rich.

He was giving you that little extra push always.

And I don't know if he just wanted to see if I would do it, but he's like, you should have an event. Why do you have an event? And he, you know, he would just always ask this question, you need to have an event. When are you gonna have it? I'm gonna have it. When? Now. Give me a time. And you know, you know, as you can see, he got me to jump out of a plane and he got me to have an event. Every one of these things led to, you know, so many things that were much greater. So I appreciate him for that.

And it was good too, because you eventually got over that limiting of belief and started to, you know, organize your own event. I mean, you, we get into that in the episode, but you start putting on your first event. At the same time, though, you're going to launch a new software.

Yes.

Right.

My. I mean, I guess it's, you know, just like my software company I have now. I think software is somewhere in my DNA because I've been trying to get it right for a long time, making a lot of mistakes, and I feel like we finally are getting it right now. But these are all things that helped me get there. But again, to my point, I learned from my mistakes. But I wish that I would have went and talked to other people who had done it before me. I would have saved myself a lot of time and money.

You were kind of just relying on the software development team because you, at the time, you didn't have any idea about software and you just left it up to them and what they were saying.

Well, I had a simple idea because remember, I had launched my other kind of software. Oh, okay. But to me, this was different than that. Like, I didn't understand SaaS. You know, basically software as a service. Back then, I just. So for me, this was just capture pages. And the way that they made it sound was these are just pages that collect leads. I didn't think it was a big thing. Right, right. It's just a page, a one page website that collects leads. It's very simple to create. Like, I didn't think of it like my other company, Net Debbie, which had a lot of components to it. It was a kind of social network that kind of paid all these things that was like, okay. Which is why with the landing page thing, you know.

To me it was just. It wasn't hard. Like when they sell for a month, like it's just pages. Like, just build it and I'll go up there and give it away for free. You know what I mean?

Right, right.

It was just me being naive of even what goes into that.

Yeah.

I mean, and that's why I did. When you hear me say I didn't pay attention to it because to you, it seems to me it was just go build it. I'll see it, I'll show it when I get up there.

But when you actually saw it.

Yeah.

You know, for the first time, you know, ridiculousness.

The ridiculousness of that situation, like the fact that this person would literally show me and create that was just beyond me. And. And again, it was because of the pressure I was putting on them to get it done quickly. Right. I don't think that had I had not been like putting the pressure, he wouldn't have done it like that. But also he agreed to it. So at the same time, you know, but as an, As a operator, as a CEO of a company, it's always your fault. So I take ownership for that mistake. Fair.

Yeah. The. The pages software that you were doing kind of got leaked in a way because you knew that this needs to be changed, but you already launched it. Right. And you already saw that it was leaked. And so you went straight to your lawyers because you want to make sure you're still in good standing while this was all being changed behind the scenes. Right. But then it just.

So again, to be clear.

I never told them to do that. Right. They swear that they didn't steal anything. So the interface looked just like it. Right. The way that the page. There were some similar templates, but even today, if you build like an opt in page, it's gonna look like every company's opted. They look the same. Right. Templates are gonna be similar. So that's cool. They were more upset with, like, the whole interface, and they swore that we stole the code. Still to this day, they swear to me. Well, I haven't talked to him in years, but back then, they swore to me that they didn't do that. And I only can go by what they're telling me. I don't code. Right. So to be honest, I didn't mind or I wasn't mad that they did that. That they sent me the letter. Right. Because I would have probably. I don't. I probably wouldn't have because I don't fear competition. But, like.

I understand why they did it. And we were already going to change it anyways. But what happens after which they'll find out was the ridiculousness of them and why they probably aren't around really much today.

There you go. Oh, one question. Why do you bleep out the names? Well, I've always wondered this because we were just talking about the VIP guy and I didn't want to end the show without saying this.

Yeah. So first of all, I don't bleep out the names. Connor bleeps out the names. I blame him. I blame you, Connor. You did it. I don't bleep out the names. And number two, you know, some people just don't want, like, unwanted attention. Right. And I think that it adds to a little bit of the suspense of who I'm talking about.

It does.

The people that know who I'm talking about. I love the calls I get. They're like, who is that? Like, I get people. Who are you talking about here? Who's Mr. X? Who's that? Right. So it's kind of fun, and it forces people to kind of go back. Like, what I'm talking about the guy from the VIP party. They've got to go back some episodes and find out more about them.

It's cool, too, because we're kind of building characters in a way.

Building characters?

Yeah. Right.

If I used, like, a fake name. I'm not. I don't. I'm not. I can't lie very well. It would. You'd be able to tell him the story, and I'd be thinking about the name, like, of him versus, like, right. VIP party guy or the right hand man.

Yeah.

Or Mr. X. It's pretty easy. It's like, boom. It's right there.

Yeah. Easy to remember.

Yeah.

Cool.

And if I had a name for you, Mike, it'd be the guy with the only fans. I got it in there. You can't bleep it out. Connor. It's getting all the applications for all the girls. And we'll see you guys on the next recap.

Said I don't know what you're talking about.

Peace. Later.