Video 1 Recap — Million-Dollar Moments You May Have Missed
The 3-step formula Mike used to turn $1,500 into $25,000,000 has now officially been revealed in Video 2, and you can watch it right here.
But what if you missed Video #1? No problem, if you don’t have time to watch it here, we’ve got the important moments covered below:
Million-Dollar Moment #1:
“The truth lies somewhere in between…”
I think everyone would agree that life would be less stressful, and more enjoyable, if you could live the life you want to live, without having to worry about money, and even better… if you could make that money while pursuing your greatest passion.
But while that obviously sounds great, there’s a catch…
On one hand, there’s a large group of people out there who get sucked in by the idea that they can skip the hard work and buy their way into riches, whether it’s through a $20 ebook, a ground floor mlm opportunity, or a lottery ticket.
And then there’s another other group of people who think that starting a business is akin to rocket science, and a task that is too expensive or time-consuming for them to ever pursue.
Well the truth, happens to lie somewhere in between.
Very simply put, there’s no such thing as a business opportunity that will make you rich, while requiring very little work or expertise on your part. If that’s what you’re looking for, then good luck, because we can tell you right now, that it doesn’t exist.
On the other hand, it’s not as hard, or nearly as expensive as you think, to build a simple, profitable business that can substantially increase your income.
In fact, later in this video I’m going to show you how I started my very first business when I was in my mid-20’s for less than $1,500, and within 18 months I went from waiting tables, to making my first 7 figures.
– Mike Dillard
Million-Dollar Moment #2
Mike and Robert Discuss Their Past…
Mike: Between the two of us, Robert and I have owned and run just about every kind of business you can imagine… and in fact, Robert, if you could share a little bit about your story and your background, because it really tends to blow people away when they hear this. It’s as if you’ve lived 5 lives in the span of not even 40 years yet.
Robert: Sure, Mike. My story begins while walking through an outdoor festival in Portland, OR called the Portland Saturday Market as a 16 year old boy. I was watching normal people generate cash flow by selling handcrafts. And I saw a vendor sell $150 worth of jewelry to a single customer, and a light bulb went off.
Sure enough, two years later, many hard-won lessons and several bead shops later, you might say I was ruined for a straight job. In my twenties I moved to Silicon Valley and I started several marketing and technology companies and sold my first company to a large technology firm at the age of 25. I spent the next 14 years growing and scaling businesses in technology, health, private equity or venture capital, and consulting. And I’ve been a part of over 50 businesses in total.
Over the course of my career I’ve learned that the same principles used to run a bead shop, are also the same principles used to run a technology company, or to run a service company, or to run The Elevation Group. Elevation Income is where I’ve distilled all those principles with Mike into the fundamental business lessons and frameworks that anyone can use regardless of your industry, product or service.
Mike: As for me, I’ve built two publishing and education companies which have produced more than $50,000,000 in revenue. I’ve amassed a newsletter readership of more than 1,000,000 people in more than 60 countries. I’ve been the #2 earner in a network marketing company, and I’ve built a social networking site which has over one million pages of unique, user-submitted content indexed by Google, and at its peak, it was ranked on Alexa as one of the top 3,000 websites in the world.
So Robert, as you can see the part that is going to make this unique is our varied experiences.
Now the second reason this series will be unlike anything else you’ve ever seen, is the fact that it’s going to be brutally honest.
We’re not going to sit here and tell you about the latest greatest internet marketing gimmick. We’re going to take you behind the curtain, and show you what it actually takes, including the good, the bad, and the ugly, to build a successful business in ANY industry.
We’re going to show you can turn even a small business that makes just an extra one, to two thousand dollars per month, into something that completely changes your family’s financial destiny…
We’re going to give you an extremely simple 3-part formula that serves as the foundation of every successful business in the world, including ours.
Once I learned this formula years ago, I went from dead-broke and waiting tables, to making my first million dollars within 18 months back when I was about 27, and the best part, is that this formula can be applied to any kind of business, in any kind of industry, whether it’s a restaurant, real estate, or a doctor’s office.
Million-Dollar Moment #3:
Is it even possible to build real, lasting wealth?
The average personal income as of 2012 was $42,693, which is just $3,557 per month before taxes.
57% of US workers have less than $25,000 in total household savings and investments.
There’s a 1 in 2 chance you have less than $2,000 if an unexpected need were to arise within the next month.
There’s a 61% chance you’ll run out of money you save for retirement before you die.
There’s a 1 in 6 chance that you’re currently using, or will need to use food stamps just to buy groceries.
So clearly there’s a massive problem here.
And here’s the dilemma…
In order to create a financial prosperity and security in your life, you need to invest wisely.
But in order to invest, you need to make more money than you spend. And in order to make the best kind of investments, you need to be an accredited investor, which means you have to make at least $200,000 per year.
So let’s be honest… is it possible, or even practical… to build real, lasting wealth when you can only save or invest a few $100 per month?
Well if you were to invest that money in any kind of traditional manner such as stocks, bonds, or mutual funds… I’d say the answer is no.
But there is one investment everyone can choose to make, even if you’re dead-broke at the moment, that CAN radically change your financial lot in life.
I’m talking about starting your simple, profitable business, which can actually be done within the next 90 days.
– Mike Dillard
Million-Dollar Moment #4
“The Single Most Important and
Life-Changing Decision I Ever Made”
Let’s say that I started investing $300 per month, starting back in 2001 when I graduated college and was paying the bills by waiting tables, and let’s say that I earned a 10% return on that money per year.
Where would I be today?
Well, I’d have invested $43,200 in cash over that 12-year period at 10% per year, giving me about $85,000 today.
Now let’s say I was an absolute rock-star and making a 20% return per year…
That would bring my 12-year total to $142,498.
Now let’s look at an alternative investment option, which is the one that I actually chose to take in real life, back in 2001.
Instead of investing that extra $300 per month into the market or real estate, I chose to invest in the education I needed to start my own business.
Then I wrote a simple 55 page guide in Word called Magnetic Sponsoring based on my experiences in network marketing. I called up a local print shop and placed an order for a few hundred copies, which probably cost me about $2-3 each.
I set up a really inexpensive simple shopping cart on the web that didn’t require any kind of programming knowledge, and started selling these online to the public from my one bedroom apartment.
Well it turned out to be quite revolutionary, and before I knew it, distributors from companies all over the world wanted copies for their teams.
Within a few months, I found myself waking up everyday to between 30-50 new orders, which was a pretty incredible experience…
Now I don’t know if you did the math on that, but 30 copies per day at $40 each is about $1,200 in revenue each day.
That’s $36,000 per month.
So… How did that decision to invest in a business, instead of the traditional methods turn out?
Well I called up my CPA Tom, and I asked him to send over the total amount of money that one business has made, since I launched it in 2004.
And that number as of this month, which is just 8 years later instead of 12, is not $85,000 or $145,000… It’s just over $25,000,000.
That’s obviously, the single most important and life-changing decision that I’ve ever made…
So if you want to invest in something that can truly give you the opportunity to transform your financial lot in life within the next few months, the solution is simple…
You do what the rich do… You invest in yourself, and you start a business.
– Mike Dillard
Million-Dollar Moment #5
How to Turn a Small Side Business into a
Million-Dollar Retirement Fund
Maybe you’re saying, “That’s great for you and Robert Mike, but I have a corporate job and a family that depends on me to pay the bills every month… There’s no way I can find the time to build some business empire like this to become wealthy.”
Well we get that, and we want to be very clear up front… The chances of you starting a business, especially for the first first time, that makes millions of dollars is slim to none.
But here’s the really exciting part about all of this… You don’t have to.
Instead of having to build a business that makes millions of dollars, what if you could radically change your financial situation with a really simple business that just makes an extra $1,000 to $2,000 per month?
Well you can…
Let’s say that we show you how to start a little business over the next few months that produces just $1,000 per month in extra profit, in addition to what you make from your normal job.
And let’s say that you invest that money each year into an asset that produces an annual return of 10%, (which we can show you how to do, but that’s another subject matter for another day).
By simply investing that extra $1,000 per month produced by your business, in 10 years, you can add an extra $212,967 to your net worth.
In 25 years, that little $1,000 per month, if invested with discipline, can add up to $1,309,015.
Now what if you continue to develop your business, and you start making an extra $2,000 per month on the side which you invest.
Well at 10% per year, you’re now looking at an extra $425,935 in the bank within 10 years, and $2,618,031 within 25 years.
For those of you who are in your 20’s, 30s’, 40’s, or 50s… Think about that… How much brighter would your future be? How much more security would you have, and freedom would you have with an extra $2.6 million in your bank account?
Well you don’t need to make millions to do that.
All you actually need, is a simple little business you can start in your spare time from home that makes an extra $2,000 a month in profits, that’s put to use wisely.
Now if you really want to get crazy, run this same scenario with a business that makes an extra $5,000 per month…
In 10 years you could add an extra $1,064,000 to the bottom line, and in 25 years you’re looking at more than $6.5 Million.
– Mike Dillard
Million-Dollar Moment #6
Why We’re Giving You the 3-Step Formula Free
So now that you’ve seen just how possible and within reach it actually is to dramatically change your financial situation in life by starting a little business that just makes a few thousand dollars per month…
The next big question is simple…
“What kind of business should you start??
Well that’s exactly what we’re going to cover in Video 2.
Robert and I are going to start by giving you a 3-part formula that has been the foundation for every business we’ve created, and it can be successfully applied to absolutely any business in any industry.
When you guys see this, there’s a chance you’ll dismiss it because it’s so simple. In fact, I’d call it common sense. But that would be a massive mistake, because this is the little equation that allows the magic to happen.
When I was waiting tables back in 2005 and I sat down to start the first little business I showed you today, I started with this formula, and that’s the primary reason it was so successful.
When I decided to start my second business in 2010, I started with this formula to help me come up with the idea and the concept. The end result an hour later was The Elevation Group, which went on to produce 8 figures in revenue in its first 12 months.
This formula has been worth more than $50,000,000 to me over the past eight years.
– Mike Dillard
And That’s a Wrap, Now on to Video 2
Video 2 does something that Mike and Robert have never done before, or ever really seen before…
…they’re going to take you behind the scenes of The Elevation Group and show you how they made $3.2 million in the first 7 days.
…they’re going to reveal the 3-step formula that guides every business they run.
…and they’re going to help you answer the question, “What kind of business should I start?”
It’s a critical video for starting a business, so I recommend finding a quiet spot and watching as soon as possible:
Your Partner In Prosperity
EVG Research Team