The Pros and Cons of Having a Wikipedia Page | Ep. #109

In episode #2697, we discuss the current state of the economy, the impact of AI on content creation, and the strategies used to generate leads through webinars. We explore the concept of recession and its definition, highlighting economic conditions in different countries. Additionally, we delve into the future of AI-generated content and its potential to revolutionize the way content is created. Throughout our discussion, we share our experiences with webinars and provide valuable insights on optimizing webinar strategies for maximum results.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: Signs we're actually in a recession, Effects of ChatGPT on Upwork jobs, The perfect webinar, and more (00:25) Eric discusses the stock market and unemployment rates in Japan, Germany, and the UK (01:54) Eric mentions that economists can revise numbers and classify past recessions (04:44) Neil believes that AI-generated content is not yet able to produce high-quality content (05:15) Neil predicts that AI content creation will improve in a few years (06:49) Eric discusses the importance of storytelling and impactful points in content creation (08:06) Eric shares his experience of a successful webinar setup with Nathan Latka (08:55) Eric mentions the participation of the CEO of theretention.com in the webinar (09:13) Eric Siu and Neil Patel discuss retention.com promoting a webinar. (09:30) Eric Siu talks about his and the retention.com CEO's limited time in the webinar. (10:19) Eric Siu mentions Nathan Latka's effective marketing strategies during the webinar. (10:51) Neil Patel discusses clickfunnels' growth through affiliate marketing. (11:37) Eric Siu talks about Nathan Latka's post-webinar message asking for Trustpilot reviews. (12:19) Neil Patel explains why they don't require video participation in their webinars. (13:02) Neil Patel shares how they increased webinar sign-ups through Twitter strategies. (14:04) Neil Patel reveals the significant increase in revenue per webinar from their new approach. (16:00) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

13 Mars 202418min

In episode #2696, we delve into the success story of an agency generating over $100 million in profit. The discussion emphasizes the significance of concentrating on enduring, seemingly "boring" industries like HVAC and water, which boast a steady demand. The conversation also explores the hurdles associated with long-form podcasts and underscores the importance of establishing a distinct angle and brand differentiation.   Discover valuable insights from the triumphs and setbacks of companies like Casper, Allbirds, and Peloton. Uncover how crafting a robust brand identity can serve as the ultimate differentiator in the competitive landscape.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: The agency that makes $100m+ a year in profit, The best industry to be an entrepreneur in, The problem with podcasting today, Why Casper, Allbirds and Peloton Are All Struggling, and Liquid death checkmate (00:19) Business model of managing influencers on platforms like OnlyFans (01:15) Discussion on the potential profit and team size of the agency (02:15) Importance of focusing on basic needs and industries with longevity (03:23) Example of a billionaire in the water industry (04:07) Success story of a company in the furniture industry (06:42) Problem with excessively long podcasts and the need for focused conversations (07:38) Conclusion and feedback request from the audience (07:37) People going long with podcasts for more listens (08:15) Problem with podcasts is the same guests and contradictions (08:46) Eric's podcast has been around longer than Neil's kids (09:19) Having a unique angle is important for podcasts (09:52) Branding is the real moat in business (10:29) Casper, Allbirds, and Peloton's unit economics broke (11:02) Quality and brand separate companies like Fenty and Jordan shoes (11:54) Casper, Allbirds, and Peloton failed to build community and brand (12:17) Albird's revenue is tiny compared to Nike (13:15) 23andMe stock down 92% due to lack of recurring business model (14:06) Eric Siu and Neil Patel discuss the success of Liquid Death (14:43) Liquid Death CEO responds to Coca Cola's ad request (15:26) Eric Siu and Neil Patel discuss the importance of building a brand (16:28) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

12 Mars 202419min

In episode #2695, we delve into the intricacies of strategizing for a one-person marketing team within a small business. Our emphasis lies in initiating the process by investigating where the competition drives sales, and we suggest leveraging marketing tools to analyze competitor channels. Additionally, we explore the power of ChatGPT prompts to identify ideal customer profiles and develop effective marketing strategies. Join us as we uncover valuable insights to empower solo marketers in small businesses.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: How To Get Massive Reach on LinkedIn in 2024 (00:32) Neil Patel advises focusing on the channel driving the most traffic and sales for competitors. (01:24) Eric Siu emphasizes the importance of finding where the target audience hangs out. (02:49) Neil Patel mentions using Chat GPT to identify the ideal customer and their preferred platforms. (03:51) Eric Siu shares a method to get Google Gemini to write like you. (05:11) Neil Patel suggests using Gemini with blog posts to train the system better. (06:27) Eric Siu discusses Mark Zuckerberg's belief in making decisions and being involved in many areas. (07:30) Neil Patel relates this approach to Amazon's strategy of involving the founder in idea development. (08:46) Eric Siu humorously refers to Neil Patel and Dharmesh Shah's lack of direct reports as the "Indian billionaire way." (09:29) Neil Patel admits he is a terrible manager and prefers being an individual contributor. (10:10) Neil Patel enjoys taking matters into his own hands and getting things done. (10:56) Neil Patel emphasizes the importance of seeking feedback from others, even for individual contributors. (13:10) Eric Siu discusses the "zone of genius" exercise and shares his own areas of expertise. (13:58) Neil Patel focuses on strategy and enjoys it the most. (14:39) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

11 Mars 202417min

In episode #2694, we discuss the strategies and practices that have made Amazon a powerhouse in the business world. From their unique approach to meetings—using narratives instead of PowerPoint presentations—to their hiring practices and the Bar Raiser program, discover how Amazon's methods can be applied to your own business. Gain insights into the current state of the tech industry and the importance of investing in valuable skills. Tune in for all this and more on Marketing School.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: How to run your company like Amazon and Why Google and Microsoft Are Laying Off People  (01:02) Eric explains how Amazon replaced powerpoint presentations with written narratives and memos to encourage clear thinking. (01:32) Eric shares his experience implementing the memo-writing practice in his own company. (02:04) Eric gives an example of a memo he recently wrote and how it helped clarify the company's goals. (03:10) Eric explains the process of reading memos during meetings at Amazon. (04:34) Neil mentions Amazon's focus on hiring talented individuals with strong systems and processes skills. (06:00) Eric shares that Amazon pays most of its employees in stock and limits salaries to $160,000 to align long-term interests. (06:49) Eric reveals that Amazon no longer relies on traditional reference checks during the hiring process. (08:03) Neil discusses his company's approach to reference checks and the value of (negative feedback. (08:04) Reference checks can save you from making a bad hiring decision (09:09) Amazon's Bar Raiser program focuses on hiring people smarter than you (09:57) Amazon's hiring process is thorough and values-driven (10:33) What works for Amazon may not work for everyone (11:08) Azure's growth is outpacing AWS (11:57) Google and Microsoft may be cutting costs to increase profitability (12:30) Keep investing in valuable skills and providing value to succeed (12:51) Make a company more money to earn more money (13:14) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

8 Mars 202416min

In episode #2693, we delve deep into the intricacies of email list enrichment, YouTube strategies, and the nuances of managing and closing enterprise deals. This conversation is packed with valuable insights for marketers aiming to leverage social media profiles for richer customer data, optimize their YouTube presence, or comprehend the sales pipeline for high-value agency contracts.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: How to enrich your email list, Eric’s thumbnail coaching call, Boost YT CPM by 50% (01:14) Mega Hit App: Finding inbound clients and sponsors (03:17) YouTube thumbnail coaching call with Mike Stack (04:05) Testing new thumbnails for higher click-through rates (07:48) Enriching lead data for better targeting (08:06) Collecting additional information for effective sales pitches (08:18) Qualifying leads and sales pitches for decision-makers (08:39) The process of creating proposals and presentations for clients (09:36) The extensive follow-up process and multiple touchpoints in enterprise sales (10:24) Targeting seven to eight-figure contracts in enterprise sales (11:06) Testing different sales strategies and approaches (11:33) Generating leads through RFPs and homework assignments (12:11) Monetizing YouTube ads and boosting CPM (13:37) Enabling gambling and alcohol ads to boost CPM (14:15) Evaluating the revenue from YouTube ads (15:09) Using mid-rolls and promoting offers in podcasts (16:02) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

7 Mars 202418min

Patrick Campbell shares his entrepreneur's perspective on relationships and the parallels between business management and marital success. This episode packs in revelations about the value of alignment in relationships, the importance of a partner's shared vision, and practical approaches to nurture a deeply bonded partnership.   Watch the full interview here: https://youtu.be/ew91lnFKYyI   Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)   TIME-STAMPED SHOW NOTES: (00:00) Patrick Campbell's background and introduction to his expertise in relationships (03:12) Importance of weekly one-on-one meetings with your partner (04:08) Setting boundaries and shared vision in a relationship (07:00) Conducting off-site retreats to discuss goals and aspirations (10:01) Conclusion and benefits of implementing relationship frameworks (11:24) Importance of alignment and shared values (12:05) Finding peace and contentment in life (14:40) Money does not solve emotional problems (15:45) Cutting out toxic loved ones (18:18) Existential crisis after selling a company (19:37) Learning to navigate wealth and deploy capital (20:24) Anxiety around money even with significant wealth (23:09) The value of frugality for entrepreneurs (24:52) The importance of challenging hard and fast rules   Leave Some Feedback:   What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

6 Mars 202429min

In episode #2692, we explore the effectiveness of various marketing channels and examine some of the most common marketing myths circulating in the industry today. We discuss the importance of user intent behind channel selection and where businesses can truly find return on investment (ROI) within their marketing strategies.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: The best marketing channel is where people spend the least amount of time, The greatest marketing myths, 1 person companies (some doing $300M+) (01:10) Neil Patel and Eric Siu discuss the main purpose of email and the number of emails they receive (01:39) Eric Siu and Neil Patel talk about their social media habits (02:09) Neil Patel shares his experience with streaming services and ads (03:39) Neil Patel explains the intention-based nature of Google searches (04:05) Neil Patel compares the ad revenue generated by Meta and Google (04:58) Eric Siu mentions the myth that SEO is dead (05:27) Neil Patel and Eric Siu discuss the myth of "build it and they will come" (06:01) Neil Patel talks about the misconception that more creative equals more effectiveness (06:56) Eric Siu and Neil Patel debunk the myth that nobody reads long-form content (07:28) Neil Patel discusses the value of long-form writing and insights gained from analyzing competitors. (08:06) Neil Patel dispels the myth that SEO and email marketing are dead. (08:40) Eric Siu and Neil Patel discuss the enduring importance of email communication in business. (09:26) Eric Siu and Neil Patel debate the necessity of tracking ROI for every marketing effort. (10:48) Eric Siu shares examples of successful one-person companies generating significant revenue. (11:03) Neil Patel explores the farming game Stardew Valley as an example of a successful one-person company.   (13:06) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

6 Mars 202415min

In episode #2691, we delve into the study conducted by Lily Ray, which unveils the domains that have experienced significant decreases in visibility. While search traffic continues to decline overall, we offer valuable insights on how to adapt and thrive in the evolving SEO landscape. We emphasize the importance of creating fresh and engaging content, building brand authority, optimizing click-through rates, and exploring creative link-building strategies. Additionally, we are thrilled to announce the launch of the Agency Owners Association, a community for agency owners to share growth strategies and collaborate.   Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Today’s topic: Biggest SEO losers of 2023, You’re wasting your time on SEO, and Why we’re doing an agency owner’s association (00:42) Traffic is decreasing, but people are still searching for stuff. (02:23) SEO is not dead, but the old school approach is ineffective. (03:02) To succeed in SEO, continually update content, focus on new and trending topics, build authority, optimize click-through rates, and find creative ways to build links. (05:24) Building a brand is crucial for SEO success. (07:43) Introducing the Agency Owners Association, a community for agency owners to share growth strategies and learnings. (08:45) Neil Patel and Eric Siu discuss the importance of community for agency owners. (09:14) Neil Patel asks Eric Siu about the top three things he has done to grow Single Grain in a bad economy. (09:23) Eric Siu mentions acquisitions and super serving clients as two strategies for growth. (10:23) Neil Patel highlights the importance of hiring amazing talent and selling multiple service lines to clients to reduce churn. (12:17) Neil Patel explains how acquisitions can lead to growth by cross-selling services to existing clients. (13:37) Eric Siu emphasizes the importance of following up with leads and the middle 60% of potential customers. (14:31) Neil Patel and Eric Siu discuss the value of having practitioners as salespeople and providing free proposals to potential clients.   (17:17) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel  X @ericosiu See omnystudio.com/listener for privacy information.

5 Mars 202419min