-Who hasn't had the dream sitting at a desk slaving over a hot calculator or
maybe computer in 2021. I want to quit this pile and start my own business. -We're going
to talk about how you can do that. How you can quit your job but we'll also
talk about the should you. When is the time right? -See, I kind of jumped the gun.
-Alright, so you brought it up. It wasn't entirely not rude
the way you corrected me there. So, forgive me if I sound a little bitter.
The dream was to quit the job but you're saying first of all you got to determine should you quit
your job to start your own business. -So, it's a big risk. I took that risk and I'm extremely glad
that I did. So, I mean I can share that the story behind it. I had a telemarketing job and my income
was going down. Like at first I made a pretty good income there as long as they kept providing me
new leads. But there was a time for many months that they were recycling the leads. We just kept
calling the same old people. -And we were commission based. -It was eight dollars an hour plus commission.
So my income kept going down and I was getting behind on my bills. Well, I've been experimenting
with this web design thing and I had sold a couple clients. I made 350 bucks in the previous month and
I thought, you know if I stay in my job I'm gonna get further behind on my bills anyway.
If I quit and go full time with this business idea I think I can make it work. I took the leap and I
I quit and then I told my wife. -So, maybe we should do that. -Well. -Shouldn't it
be if you're married kind of a joint decision before? -That'll be a decision for you to make.
-You pull the trigger. -So for me, I was successful. That first month I made enough money to not only
cover my needs but like get caught back up like all the past due stuff I got caught back up on.
-But we kind of mentioned it in another video. You almost have to have some kind of proof
of concept that it will work and in your case it was actual income it was revenue from your
own work and you realized if I kind of scale that out over a month I could be making more than
I currently am for sure and that was the should I do it or not. -And I ask myself the questions like,
what is the risk? What is the risk of staying in my job? What's the risk of quitting and going into
this and I was acceptable. Both of them were bad scenarios and I thought that there's
more potential over here. Man, I'm so glad that I did that. Now saying that, the first eight and a
half years were up and down financially. You know, if I had a 10 grand month and I was like ecstatic
about that thinking, "Wow I have made it", but then in the month after that when it's zero and then the
month after that is zero that. The average is out to a few thousand a month right and but then you
have another big month and you think okay and then man eight and a half years, eight and a half years
is pretty stressful. -For you and your marriage. -Oh yeah. -I mean, the whole. -Like I've shared this story
two stories. One I remember being in the Walmart parking lot this is when I was a pretty new dad.
Walmart parking lot and I needed to buy diapers and I knew that we didn't have any money. I also
knew, "You know what, Walmart will accept a check even have me go into the negative", so that's
how I did it. I went into the negative. I have a memory this is more recent probably going back
I'll say five years ago I went to my mom, "Mom, can I borrow some money", I think I was asking for
like five thousand dollars. My mom said to me , "Nate, why don't you just get a job", and it hurt because
I couldn't explain why I'm just like. You know I really felt purpose-driven it was.
I'm so glad I stuck with it. You know, I've got a seven-figure business now and man. -Is your mom
still around? -Mom is still around and she's proud of me. -She doesn't, she'll...
-She comes to tell you to get a job? -No, she's good. -So speaking of risk is there are there things
that you can do to mitigate or minimize the risk involved in making that leap. -Well, we talked about
in the previous episode, we talked about money and like should I get a big loan to invest or
should I start with a big amount of money. Well, I love the idea of kind of bootstrapping.
Like thinking, what can I do? What can I go and sell and make money on and prove this strategy. This
idea that it's successful before I commit a whole lot to it. -So when you started let me ask you this.
Did you have any kind of safety net? Any nest egg, any savings, something to fall back on.
So that you could give yourself however much time that you said you were going to give yourself or
did you just say I'm never going back to work for the man. I'm not giving myself a window of time.
I'm just going to do it or we're all going to huddle around a mass grave and die together.
Was that kind of what was going on? -Admittedly, I didn't have any backup plans.
But keep that in mind I live in the United States and I have a loving family a loving mom that if I
needed to I could have gone and you know so it's not like I was at risk of being homeless.
But I also knew that I could always fall back on sales because I had gone out and I've done
door-to-door sales I've done telemarketing. I knew that was easy. I could always go back and get a job
and so I mean that was my backup. I didn't want to do it but there was always that option. -In some
ways really anyone can fall back on sales. Even if you're not a salesperson it's not in your blood.
You could do it for a short enough time to kind of build yourself back up essentially. You know
there's always something you can do. Let's talk a little bit about why a person would leave their
job and start a business. Should it be about truly their passion of what it is that they're going
after? You know the business itself or the lifestyle that the business can create or is it
a mixture of both? Because I mean I would say the only reason that I would leave a job is because
I want to go off and do my thing that I love and that I at the end of the day I say, I didn't work
a minute today. You know, I mean everything was play it was I loved it. -Well, my personal
philosophy. Let me talk about retirement. Because what is retirement? -Well, you're jumping
away. -People take a job that they don't like and they look forward to the day when they can retire.
I mean you could get a job that you loved but most people I don't hear they love
their jobs. They hate Mondays they love Fridays. Why is that? Because they don't love their job
and they look forward to retirement. So, I love being a creator. I love being able to
think of an idea and being able to implement that and if you have a job that you can do that then
more power to you. So that you know some people have amazing jobs. I never found a job that way
and I don't know anyone that has a job like that or I never
did. But as a business owner it really gives me that control and that freedom to create
and I don't have a ceiling on my income. Like if I'm making this many dollars per hour can
I double it? Can I just go to my boss and say you know what I want you to pay me double. What
can we do to make that happen? They're gonna like, sorry see ya you know maybe I'll give you 50 cents
an hour raise. -But let me ask you this. I mean your business that you do right now. Are you doing it
for the money or are you doing it because you're passionate about helping others succeed on YouTube?
I mean that's a loaded question because there's a little bit of both of course.
But would you say it's fair that someone who is going to take the leap to start their own business
and this is I mean I'm saying this in my opinion. You should be fueled by something more than just
the money that being on my own could generate. -So I totally agree I say both are important.
Because if the money isn't there you don't really have a benchmark you don't have something to to
really let you know that you're being successful and don't get me wrong. I actually have no
problem saying I love money. It's a great tool like money is in exchange for value and I wanted to
make more money but at the same time I look back at the history of my company. I first started out
offering my services to all small businesses. So, from dentists I thought I wanted to be a dentist
so that's kind of ironic. I had a lot of dentists clients, accountants, landscaper,s restaurant owners,
and then there were other clients that were like coaches and speakers and authors and I
loved those latter few that I mentioned. Because they were like influencing
the world for good. They were teaching and helping people sharing their expertise really motivating
people to achieve more and I just like you know what I love helping these type people and so
I've really navigated my business to areas where I really enjoy it. I love the video side way
more than the website you know ever did there. I started with website design because I knew
it was a way to make money and I was helping clients like Dennis and stuff because they
their credit cards never bounced. So that was it was great from that standpoint but I eventually.
-Had a bouncing credit card. -When you have a have clients that recur and their credit card balances
it's like I don't want to be a bill collector. A debt club whatever it is. At one point actually
my website ranked for dentist website design. I was ranked number one on Google for that. But I
wasn't passionate about helping them and and my skill set really didn't match them.
I was better suited to help like public speakers or experts that wanted to teach people about
investing in real estate or those type of things and so I took that web page down. I just took it
down and I shifted my business and I made several pivots along the way from websites to SEO to video
to YouTube video really to where I love getting results. So it's a combination of both.
I'm confident that had I just stuck with website design that my eight and a half year financial
roller coaster would have been a lot shorter. If I would have just only focused on the money
I had a successful business. But I wasn't quite satisfied and I just I kept pivoting and
pivoting and pivoting until I got into the lane where like, yeah this is the right place.
I love what I'm doing and now I'm super proud. -But it all started by taking that initial leap
and following your heart and your trust in yourself and leaving your job. Yeah, it's cool.
So you've landed here now where you're passionate what you enjoy. I mean, can others make a career?
I mean, can you have a lasting career with YouTube? -So my company is like a YouTube production
company and there's I haven't found any other company that kind of does what we do. There's
a lot of videographers out there certainly you can make a career out of being a videographer.
But the question of YouTube that's what I get asked a lot. Like, can you really make a career
on YouTube? The channels that you see they're very rare that they actually become successful. You see
the gamers? You see the unboxing channels? They just get packages and they unbox it or they
they do product testing and whatnot. There are a handful of channels that do really really well
with that but compared to the thousands there's got to be tens of thousands of people trying to
do that. They're spending money on these things and I don't recommend that you do that. But here's
what I do recommend and where I help my clients really succeed is you start a business first. -That
has nothing to do with it. -Has nothing to do with YouTube and then you share your expertise.
You answer people's questions on YouTube and that's how you attract clients to your business.
Many of my clients are generating seven figures monthly using the strategy. That's
what I teach on this channel that's it doesn't happen overnight this isn't get rich quick.
It just doesn't work the first four months I tell my clients you're not gonna make any
money and that's four months of going five episodes a week. But there's the strategy
I teach you can really grow your business using YouTube. If you want to make a career on
YouTube don't quit your day job yet. So Scott, now that we've had this conversation about you know
YouTube and your own business and whatnot. I want you to really understand my YouTube strategy.
Go watch this video up here next it's how to get a thousand subscribers on youtube in a day. -Oh, come
on go watch it. Alright. -I was actually talking to you go watch that video now. -Oh, I can stay.