Introduction

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Co-Buying with Friends or Family: A Detailed Overview

Co-buying with friends or family is becoming an increasingly popular option for people looking to enter the housing market in today’s challenging financial landscape. Here's a deeper dive into this unique homeownership strategy:

What Is It

Co-buying involves two or more people pooling their financial resources to purchase a home together. Instead of navigating the expensive real estate market solo, buyers share the costs of:

• The Down Payment: Each party contributes a portion, reducing the individual financial burden.
• Monthly Mortgage Payments: These are split proportionally, making homeownership more affordable.
• Property Expenses: Maintenance, property taxes, and utility bills are divided among the co-owners.

This arrangement is often done between close family members, siblings, or trusted friends who share similar financial goals and housing needs.

Why It’s Unique

1. Affordability: Rising home prices and high interest rates make it difficult for many individuals to qualify for a mortgage or save for a down payment on their own. Co-buying lowers these barriers.
2. Shared Responsibility: Tasks like home maintenance and bill payments are shared, reducing the time and energy commitment for each co-owner.
3. Faster Market Entry: By pooling resources, buyers can purchase a home sooner than they might have on their own.
4. Bigger Buying Power: Combining incomes allows co-buyers to qualify for larger mortgages and potentially buy in better locations or larger homes than they could afford individually.

Key Considerations

While co-buying offers several advantages, it also requires careful planning to avoid potential conflicts. Here are the most important things to keep in mind:

1. Draft a Co-Ownership Agreement

   • This is a legal document that outlines the rights and responsibilities of each co-owner.
   • Key points to include:

     • Ownership Shares: How much of the home does each party own?
     • Financial Contributions: Who pays what (down payment, mortgage, repairs)?
     • Exit Strategy: What happens if one person wants to sell or move out?
     • Dispute Resolution: How will disagreements be handled?

2. A lawyer can help create this document to ensure it’s legally binding and fair.
3. Understand the Mortgage Terms

   • When co-buying, all parties are usually listed as co-borrowers on the mortgage.
   • Everyone’s credit score and income will affect the mortgage terms, so it’s important to be transparent about finances.
   • If one co-buyer defaults, the others are responsible for the mortgage.

4. Plan for Unexpected Changes

   • Life circumstances can change—one person might get married, have a child, or lose their job. Discuss how such changes will impact the living arrangements and financial responsibilities.

5. Decide on Living Arrangements

   • Will everyone live in the home, or will it be rented out?
   • If one co-owner lives in the property while the others don’t, will they pay extra to account for utility use or other benefits?

6. Talk About Long-Term Goals

   • Are you buying this home as an investment or a long-term residence?
   • Discuss plans for selling the property in the future and how the profits will be divided.

Pros of Co-Buying with Friends or Family

• Lower Financial Burden: Splitting costs makes homeownership more achievable.
• Shared Maintenance: Dividing upkeep responsibilities can ease the workload.
• Better Opportunities: Co-buying may allow you to buy in a desirable neighborhood or a larger property.
• Emotional Support: Sharing the experience with trusted people can make the process less stressful.

Cons of Co-Buying with Friends or Family

• Potential for Conflict: Disagreements over finances, living arrangements, or responsibilities can strain relationships.
• Financial Risk: If one person cannot meet their financial obligations, the others must cover their share.
• Exit Challenges: If one party wants to sell their share, finding a buyer or agreeing on terms can be complicated.

Is Co-Buying Right for You?

Co-buying works best if:

• You have a strong, trusting relationship with your co-buyers.
• Everyone is open about their financial situation and future goals.
• You are willing to formalize the arrangement legally to avoid misunderstandings.

Final Tip

A successful co-buying experience hinges on communication, transparency, and legal safeguards. Before making the leap, have honest conversations with your co-buyers and consult with real estate and legal professionals to ensure the process is smooth and beneficial for everyone involved.

Conclusion

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Introduction

"Did you know that not all millionaires get rich the same way? Some take decades, while others do it in just a few years! But which path is right for YOU?"

"In this video, I’m breaking down the 4 proven ways people build wealth—some do it by saving over years, others climb the corporate ladder, an entrepreneur, or a virtuoso like entertainers and artists.

Each path has its own risks, rewards, and timelines, and by the end of this video, you’ll know which one fits your strengths best!"

"If you’ve ever wondered how real millionaires make their money, stick around—because this could change the way you think about wealth forever!"

Most people don’t have a financial plan, live paycheck to paycheck, and depend on Social Security, family, or government assistance.

Wealth Distribution in Retirement (U.S. Department of Labor & Social Security Administration)

• 1% are wealthy (financially free)
• 4% are financially secure (comfortable but not wealthy)
• 5% are still working (out of necessity)
• 36% are dead (due to poor health, stress, or financial struggles)

54% are broke and dependent (on Social Security, family, or government assistance)

The Saver-Investor 💰

The Saver-Investor as one of the four primary ways people become wealthy. This path is ideal for those who prefer a low-risk, long-term approach to building wealth.

Who Are Saver-Investors?

Saver-Investors are individuals who:
✅ Live below their means – They focus on cutting unnecessary expenses and saving a large percentage of their income.
✅ Start saving early – The sooner they start, the more they benefit from compound interest over time.
✅ Consistently invest – Instead of chasing "get rich quick" schemes, they steadily invest in assets like:

• Stocks & index funds 📈
• Real estate 🏡

• • Retirement accounts (401(k), IRA)
✅ Have patience – Unlike entrepreneurs or corporate climbers, Saver-Investors don’t expect overnight success. Wealth builds over decades of disciplined investing.

How Long Does It Take to Get Rich?

💰 Typical timeframe: 20–30 years
💡 According to the "Rich Habits" study after 32 the average saver-investor has $3,260,000.

How Wealthy Are Saver-Investors?

Saver-investors save at least 20% of their income.
The average saver-investor

Key Habits of Saver-Investors

📌 Automatic Savings – They save at least 20% of their income before spending on luxuries.
📌 Investing Over Time – They contribute regularly to their investments, regardless of market ups and downs.
📌 Avoiding Debt – They limit bad debt (credit cards, car loans) and prioritize investing over lifestyle inflation.
📌 Frugal Lifestyle – They don’t fall into the trap of "keeping up with the Joneses."

Famous Saver-Investors

• Warren Buffett – Started investing young and built wealth through long-term investing.
• John Bogle (Founder of Vanguard) – Advocated for index fund investing as the best way to grow wealth steadily.

Is This the Right Path for You?

The Saver-Investor path is best if you:
✔ Prefer stability over high risk
✔ Have patience and can delay gratification
✔ Are comfortable with long-term investing

💡 Bottom Line:
Becoming rich as a Saver-Investor takes time, discipline, and consistency—but it’s one of the safest and most reliable ways to achieve financial freedom.

Would you consider this path, or do you lean toward another route to wealth?

2. The Corporate Climber

The Corporate Climber as one of the four primary paths to wealth. This route is ideal for those who prefer a structured, career-focused approach to financial success.

Who Are Corporate Climbers?

Corporate Climbers are professionals who:
✅ Work for a company and focus on rising through the ranks 📈
✅ Aim for high-paying executive positions like CEO, CFO, or VP
✅ Rely on salary increases, bonuses, and stock options to build wealth
✅ Often spend decades climbing the corporate ladder

Unlike entrepreneurs, Corporate Climbers don’t take on business risks—they climb within an existing structure to reach financial success.

How Long Does It Take to Get Rich?

💰 Typical timeframe: 20+ years
💡 According to the "Rich Habits" study after 20 year the average saver-investor has $3,375,000.

Example:

• Start as an entry-level employee 💼
• Move up to manager within 5–10 years 📊
• Become an executive after 15–25 years 🏆

By the time they reach their 40s or 50s, they may be earning six to seven figures per year.

Key Habits of Corporate Climbers

📌 Work Ethic & Dedication – They put in long hours, take on leadership roles, and deliver results.
📌 Networking & Relationship Building – Success in the corporate world is often about who you know as much as what you know.
📌 Continuous Learning – Many Corporate Climbers earn MBAs or other advanced degrees to stay competitive.
📌 Strategic Risk-Taking – They seek promotions, transfers, and high-visibility projects to stand out.
📌 Wealth Accumulation – They maximize 401(k) contributions, stock options, and executive perks to grow their net worth.

Famous Corporate Climbers

🏆 Indra Nooyi – Former CEO of PepsiCo, started as a manager and worked her way to the top.
🏆 Tim Cook – Began at Apple in operations before becoming CEO.
🏆 Mary Barra – Started as an intern at General Motors and became the first female CEO.

These individuals didn’t start as entrepreneurs—they built their wealth by climbing the corporate hierarchy.

Is This the Right Path for You?

The Corporate Climber path is best if you:
✔ Prefer job stability and structured growth
✔ Enjoy working within a company rather than running your own business
✔ Are willing to work hard and play office politics
✔ Have the patience to climb the ladder over 20+ years

💡 Bottom Line:
Becoming wealthy as a Corporate Climber requires dedication, strategic career moves, and long-term thinking—but it’s a proven way to build wealth without starting a business.

Would you consider this path, or do you see yourself taking a different route to financial success? 🚀

3. The Entrepreneur

The Entrepreneur as one of the four primary ways people build wealth. This is the path of high risk, high reward, where individuals create and scale their own businesses.

Who Are Entrepreneurs?

Entrepreneurs are individuals who:
✅ Take financial and personal risks to start their own businesses 🚀
✅ Work long hours and often struggle before finding success
✅ Rely on business revenue instead of a paycheck
✅ Have no income ceiling—their earnings depend on how well their business performs

Unlike Corporate Climbers, who depend on promotions, Entrepreneurs control their own success but face the challenges of running a business.

How Long Does It Take to Get Rich?

💰 Typical timeframe: 5–10+ years
💡 According to the "Rich Habits" study after 12 years the average saver-investor has $7,450,000.

However, most businesses fail within the first few years, making this the riskiest wealth-building route.

Example:

• First 1–3 years – Struggles, reinvesting profits, working long hours
• 3–5 years – Business gains traction, revenue grows
• 5–10 years – If successful, the business generates millions or is sold for a high valuation

Key Habits of Entrepreneurs

📌 Relentless Work Ethic – Entrepreneurs often work 60–80 hours a week to grow their businesses.
📌 Risk-Taking & Resilience – They face failures, setbacks, and financial stress but push through.
📌 Continuous Learning – They master sales, marketing, leadership, and business strategy.
📌 Networking & Partnerships – Building relationships helps them secure clients, funding, and growth opportunities.
📌 Scaling & Delegation – They eventually hire employees and automate processes to scale their businesses.

Famous Entrepreneurs

🏆 Elon Musk – Built Tesla, SpaceX, and other billion-dollar companies.
🏆 Jeff Bezos – Started Amazon from his garage and turned it into a trillion-dollar company.
🏆 Oprah Winfrey – Created a media empire from scratch.

These individuals didn’t take the safe path—they built massive wealth by taking risks and creating value.

Is This the Right Path for You?

The Entrepreneur path is best if you:
✔ Are willing to take financial and personal risks
✔ Prefer freedom over job security
✔ Can handle uncertainty, stress, and long hours
✔ Have a business idea and the drive to execute it

💡 Bottom Line:
Becoming wealthy as an entrepreneur requires passion, resilience, and the ability to learn from failure—but it’s the fastest way to build massive wealth.

Would you consider this path, or do you prefer a more stable route to financial success? 

4. The Virtuoso

The Virtuoso as one of the four primary paths to wealth. This route is for those who achieve financial success by mastering a rare and valuable skill that people are willing to pay top dollar for.

Who Are Virtuosos?

Virtuosos are individuals who:
✅ Spend years developing a highly specialized skill 🎓
✅ Earn premium pay because of their expertise and scarcity
✅ Often work in medicine, law, finance, sports, music, or the arts
✅ Get rich through high salaries, consulting fees, or exclusive contracts

Unlike entrepreneurs, who create businesses, Virtuosos leverage their expertise to command high incomes.

How Long Does It Take to Get Rich?

💰 Typical timeframe: 10–20 years
💡 According to the "Rich Habits" study after 21 years the average saver-investor has $3,678,000

Example:

• First 5–10 years – Education, training, and practice
• 10–15 years – Gaining experience and building a reputation
• 15+ years – Reaching the top of their field, commanding high fees

Some Virtuosos become wealthy sooner if their industry highly rewards talent and skill.

Key Habits of Virtuosos

📌 Lifelong Learning – They dedicate years to perfecting their craft.
📌 Relentless Practice – They put in thousands of hours of deliberate practice.
📌 Industry Recognition – They build credibility through awards, degrees, and elite positions.
📌 Selective Opportunities – They don’t take just any job; they demand premium pay for their expertise.
📌 Reputation & Branding – Their name becomes a brand that attracts high-paying clients or contracts.

Famous Virtuosos

🏆 Serena Williams – A world-class athlete who became a millionaire through her mastery of tennis.
🏆 Dr. Ben Carson – A neurosurgeon who became wealthy through medical expertise.
🏆 Yo-Yo Ma – A virtuoso cellist paid top dollar for his performances.
🏆 Elon Musk (Early Career) – Before becoming an entrepreneur, he was a programming virtuoso who co-founded PayPal.

Virtuosos don’t start businesses or climb the corporate ladder—they become so good at what they do that people will pay them whatever they ask.

Is This the Right Path for You?

The Virtuoso path is best if you:
✔ Are willing to dedicate years to mastering a skill
✔ Want to become the best in your industry
✔ Prefer to earn money through expertise rather than business risks
✔ Enjoy constant learning and improvement

💡 Bottom Line:
Becoming wealthy as a Virtuoso requires years of skill-building, discipline, and focus—but once mastered, it offers financial freedom and professional respect.

Would you consider this path, or do you see yourself taking a different route to success?

Why Buttons Get More Clicks Than Links

✅ More Visually Striking – Buttons stand out in an email, while links blend into the text.
✅ Mobile-Friendly – Buttons are easier to tap on a phone than a small text link.
✅ Clear Call-to-Action (CTA) – A well-designed button with action-driven text ("Get Your Free Guide") grabs attention better than a basic hyperlink.
✅ Psychological Effect – People associate buttons with taking action, like clicking "Buy Now" or "Sign Up."

When Links Might Work Better

🔹 In plain-text emails, where buttons may look out of place.
🔹 If your audience prefers a conversational, non-salesy approach (e.g., personal outreach emails).
🔹 If you have multiple CTAs in the email, too many buttons can feel cluttered.

Best Strategy? Use Both!

Place a clear button CTA in the middle or near the end of your email.

Also include a hyperlinked CTA in the text for people who prefer clicking links.

What Makes People OPEN Your Email?

✅ A Compelling Subject Line – Short, curiosity-driven, or benefit-focused (e.g., "You’re losing money doing this—here’s how to fix it.")
✅ Personalization – Using the recipient’s name or relevant details (e.g., "John, here’s a quick way to grow your business.")
✅ FOMO (Fear of Missing Out) – Limited-time offers or exclusivity (e.g., "Only 24 hours left—don’t miss out!")
✅ Clear Value Proposition – Promise of a solution (e.g., "Triple your sales with this simple tweak.")
✅ A Recognizable & Trusted Sender Name – If they know you or your brand, they’re more likely to open.
✅ A Well-Timed Send – Emails sent at optimal times (e.g., Tuesday-Thursday mornings) have higher open rates.

What Makes People IGNORE or DELETE Your Email?

❌ Generic or Spammy Subject Lines – (e.g., "FREE MONEY NOW!!!") triggers spam filters.
❌ No Clear Benefit – If the subject line doesn’t show why they should care, they won’t open.
❌ Too Salesy Too Soon – If the email screams “Buy now!” without building interest, it gets ignored.
❌ A Sender They Don’t Recognize – Unknown senders often end up in spam or are deleted.
❌ Too Many Emails – If you email too frequently without value, people stop opening.
❌ Bad Timing – Sending emails at odd hours or weekends when people are less likely to check inboxes.

How to Get More Opens?

📩 Test different subject lines to see what works best.
📩 Keep it short and clear—most people skim their inbox.
📩 Write like a real person, not a robot.
📩 Avoid spam trigger words like “free,” “urgent,” or excessive exclamation marks.
📩 Optimize preview text (the snippet they see before opening).

Want me to help you craft a high-converting email?

Introduction

“Ever wonder why people open your emails… but never click your 
You worked hard on your email campaign. People are opening your emails—but no one’s clicking your links. Why?

The truth is, if your links aren’t getting clicks, your email is failing—no matter how many opens you get. 

But don’t worry. In the next few minutes, I’m going to break down exactly why this happens and, more importantly, how to fix it so your emails start driving real results.

1. Weak or Unclear Call-to-Action (CTA)

❌ If your email doesn’t clearly tell people what to do next, they won’t click.
✅ Use a strong CTA:

• "Claim your free guide now →" (instead of "Click here")
• "Book your free consultation" (instead of "Learn more")

 Too Many Choices

❌ If your email has too many links or CTAs, people get overwhelmed and don’t click anything.
✅ Keep it focused on one clear action per email.

Lack of Trust

❌ If the link looks suspicious or leads to an unknown site, people won't risk clicking.
✅ Use trustworthy links (no shortened URLs from unknown services) and mention where the link goes.

No Real Urgency

❌ If people feel they can check it later, they often never do.
✅ Use urgency triggers:

• "Offer expires in 24 hours!"
• "Only 5 spots left!"

 The Email Doesn’t Deliver on Its Promise

❌ If the email subject promises one thing but the content doesn’t match, people won’t bother clicking.
✅ Make sure your email builds up interest and curiosity that leads naturally to the link.

Poor Email Formatting

❌ If the email is too long, too cluttered, or hard to skim, people won’t bother clicking.
✅ Use:

• Short paragraphs
• Bullet points
• Bold text for key takeaways

Not Mobile-Friendly

❌ If your email looks bad on a phone (where most emails are opened), links won’t get clicked.
✅ Make sure buttons are big enough and links are easy to tap.

No Personalization or Relevance

❌ If the email doesn’t feel relevant to the reader, they won’t engage.
✅ Use personalization like their name or location, and segment your audience so emails feel tailored.

Conclusion

Introduction

How many times should you follow up with a lead before closing the sale? Three times? Five times? Maybe more? Well, studies show that most sales reps stop following up too soon—and that’s costing them BIG! Today, I’ll reveal the magic number for follow-ups that actually convert and how you can use this to boost your sales!

If you’ve ever wondered why leads go cold or why prospects don’t buy after the first contact, it’s not because they aren’t interested—it’s because you haven’t followed up enough! Stick around, because by the end of this video, you’ll know exactly how many times you need to follow up and the best strategies to do it effectively.

Follow Up With Sales

n sales, starting back in the 1930s, it was suggested that in order to build enough trust with someone to buy, you needed to reconnect with them 3-5 times. In other words, follow up with them. However, with market saturation over the years, it took longer to build trust.

From the 1930s till the 2000s, studies showed you needed to follow up 3-5 times. Around 2010, that number was 5-8 times. By 2020, that number rose again to 7 to 11 times. It is 2025, so by 2030, you may need to follow up 12-17 times.

Follow Up In Marketing

Because of the overabundance of messages coming at us, it is even more difficult to stand out.

Pew Research found that once someone responded to an ad, it took 22 days and 32 touchpoints, or reconnecting with them 32 times before they would buy.

That means email, SMS, text message, direct mail, phone calls, and social media.

So, if you collect a lead from an interested prospect and send them four emails a day, you will follow up with them 32 times in just eight days.

So, in the coming years, do you think this is going to get better, or is it going to get worse?

Yes, we have more tools that make this easier; however, making sales is going to require more work.

Conclusion

So, to help you get started with this idea, I'd like to promote you to my 150,000+ clients for FREE at RowDayODriveGroup.com/Invite.

One more thing, stay healthy, have a great day, and I’m glad I could help you.

Introduction

What if I told you a struggling beauty salon turned things around and made an extra $500,000—without spending a dime on advertising? Sounds too good to be true, right?

Well, today, I’m going to break down exactly how they did it by partnering with luxury car dealerships—and more importantly, how YOU can use this strategy to grow your own business, no matter what industry you’re in.

If you're looking for free advertising and high-spending clients, keep reading!

Half A Million Dollars From

Most businesses waste money on ads that don’t bring in real customers. But what if I told you that instead of chasing new customers, you could go where your ideal clients already are—and get them to come to you?

That’s exactly what this beauty salon did, and it changed everything for their business. Let’s dive into the details.

There was a high-end beauty salon that was struggling to bring in new clients. Instead of slashing prices or spending money on ads, they decided to study their existing customers.

And guess what they found?

👉 80% of their clients drove luxury cars—BMWs, Audis, and Mercedes.

This gave them an idea.

They reached out to local BMW, Audi, and Mercedes dealerships and made a simple offer:

🚗 For every customer who spent $120,000+ on a new car, the dealership would give them a premium beauty gift basket—courtesy of the salon.

The result? 80 new high-spending clients, and each one spent an average of $6,300 at the salon.

💰 That’s over $500,000 in extra revenue, all from a simple partnership—no ad spend required!

Conclusion

People love the idea of using someone else's customer base, but going from idea to putting this into action is too much for many of you because you already have so many issues you have to handle and to help you get started with this idea, I'd like to promote your offer/product/business to my 150,000+ LA-based customers for FREE to help you gain more business. Visit our website at https://rodeodrivegroup.com/invite.

Introduction:

Not all traffic sources are equal. For every dollar you invest in advertising, how much do you want to make? A lot of research has been put into this.

If you spent a dollar, would you be happy making $2.50?

You made money. You did not lose money. But how about $15? How about $25?

we’re breaking down the most profitable advertising methods, backed by research. You’ll discover which ad strategies deliver the highest return on investment (ROI)—so you can stop wasting money on ads that don’t work and start maximizing your profits.

Let’s dive in! 

The One Thing:

Not all advertising is created equal. You could put all your money or effort into one traffic method and discover if you've would have put the same resources into another traffic you would have made more money.

Most people do not understand the economics or numbers of their business. This is why you have people promoting trendy marketing tactics like social media—because it’s popular. But have you done the research to determine if it’s the wisest use of your money?

Gary Keller of Keller Real Estate in his book "The One Thing" he asks what it the one thing that will make everything else you do irrelevant?' In other words, what traffic source that will produce so much results that would make all the other traffic sources unnecessary?

We have laid out the research from different research firms that shows the average return for businesses on every dollar invested into advertising depending on the traffic source:

Some of you understand strategy that will get you far greater results than what these number show however, we are only going to look at averages.

Not only will we look at the average profits for every dollar invested, but we will also look at the advantages of certain traffic sources over others, For examples, some traffic sources may be more profitable however, some of these traffic sources may require of you to put more money upfront.

There are some traffic sources that may not be as profitable however, they require less money upfront but often times these traffic source are more popular.

I suggest that you look at traffic sources that are less popular but are just are profitable and at times even more profitable than traffic sources that require more money invested upfront.

Elon Musk's Idiot Index

Love him or hate him, one of Elon Musk super powers is his ability to cut expenses. He has the ability to look at anywhere within his companies and cut expenses which why his companies are so profitable.

For example, Elon Musk has a concept that he calls the idiot index, where in building a rocket, he takes the component cost and the cost of the materials.

So, instead of buying the component from a suppler his engineers figure out how to build it in house.

(i.e, $1,000 component, but the cost of the raw material is $100 that = idiot index of 10 to 1)

SpaceX’s Raptor rockets cost $2,000,000, with the goal of using the idiot index to bring it down to $200,000. However, according to some leaked resources, Elon’s engineers were able to get it down to $250,000.

This To Consider Before Advertising:

The marketplace is filled with opportunities for you to advertising your products or services however, it is unlikely you will experience the results you are looking for first of all because of the high cost of advertising. 

A recent report also indicates that 62% of businesses are not happy with the results they are getting from their Facebook ads because the costs of their ads are to expensive for them to be profitable.

An article from Business Insider shows that over the past couple of years, advertising costs are going up year over year. As of July 2021, five major social media platforms are showing a dramatic increase in advertising costs year-over-year. 

• Google and YouTube’s CPM is up by 108%
• Facebook ad cost had an 89% increase, while the average CPM was $11 
• TikTok’s CPM went up by 92% increase
• and Snapchat had “the lowest” 64% increase in CPM.

Online advertising has gotten really competitive because online advertising is based on a bidding process, so who ever is willing to pay the most gets the traffic, driving the prices up for everyone else.

So you really have to know what you are doing to run profitable ads. This has priced many smaller companies out of being able to advertise because they are spending more then they are making. 

This has force many companies to look for alternative forms of traffic.

Avoid Lazy Marketing

Elon Musk's companies have put in the work to find in efficiencies within the company to cut expenses.

When your competitors are spending $1 to make $2, you can use this knowledge to make $10, $15, or even $40.

I want to invite you to put in the work to cut advertising costs. however, with this research we have done most of the work for you.

Most companies, especially smaller companies use lazy marketing. They need customers, so they run some internet ads. You on the other hand, have the resources to find in efficiencies in your marketing.

For example, For example, Kyle Handy is a real estate agent who spent $22,000 on Google ads, which brought in $41,324 and a profit of $19,324. So, he brought in a return of almost 87%. However, Tony Kelso invested $50,626 in direct mail that brought in $543,390, just shy of 1,120%.

Don't Discount Cold Marketing

The reason advertising is so expensive is because big media channels have built up an audience on their platforms and charge you a hefty fee to broadcast your message to their audience and depending on what is going on in the economy like you saw from the article from "Business Insider" these marketing companies end up raising prices and charging you more.

I don't want you to discount cold marketing.

When you were new in business, you probably had little or no money. So, you did you own marketing networking, making phone calls, sending direct messages on social media and once you started making money you looked for ways to advertise.

You may have grown beyond cold marketing but you can still hire people or build a team of independent sales people who will do cold marketing in your behalf because in most cases, cold marketing is way more profitable than buying traffic.

Understanding Marketing

How well do you understand marketing? Most people understand what they do but they do not understand some of the other important areas of their business this is why strategy is so important.

If you do not have a large marketing budget it is not suggested that you sell an high priced product because the more expensive your product cost the more trust you have to develop before people will buy.

So, you have to advertise to a larger group of people over a longer period of time before anyone will buy with higher priced products.

Instead, it is suggested that you start off with a lower priced product because with a lower priced product you get immediate feedback if your marketing is working.

With higher priced products you may have to spend 10's of 1,000's of dollars before you will know if your marketing is working with lower priced products you have to put in more work but you get almost immediate feedback.

Speed Over Profitability

The beauty of the internet is that it is fast.

Some business value speed over profitability. For business that use what is known as a "loss leader" you may need to take the revenue from your "loss leaders" and re-invest it into advertising to make more money faster because of the speed you make money this may be more valuable to you than pyrotiablity.

Preview

• Google / Yahoo Search: Brandcampdigital.com says: On average, Google Ad brings you a return of $2 for every $1 invested.
• Display Ads: According to Webfx.com, for every $1 invested, display ads bring in a return of $2.
• Social Media Paid Ads: Gitnux.org says social media advertising has an average return of $2.50 for every dollar invested.
• Print Advertising (Newspapers, Magazines) Independent studies, such as those by Sheridan, Nielsen Catalina Solutions, and others, have found that magazine advertising yields an average ROI of $3.94 for every dollar spent. 
• Influencer Marketing: Storyclash.com says for every dollar invested into influencer marketing that will bring in a return of $5.78
• SEO: TeraKeet estimates that the average ROI of SEO ranges from 550% to 1,220% or $6.50 on the low end to $13.20 for every dollar invested.
• TV/ Radio: Statista says business that use TV advertising will earn an average return of $6.50 of every dollar invested.
• Content Marketing: Sitecore states that across all industries, the average return on investment was 748%, assuming consistent weekly publication, or a return of $8.48.
• Direct Mail / Flyers: ActiveRain shows a return of $10 for every one dollar invest.
• Remarketing: Demandsage says say you will see a return of $10 for every dollar invested into remarking
• Affiliate Marketing: AuthorityHacker.com states that brands using affiliate marketing get an average return on investment (ROI) of $15 for every dollar spent, equating to a 1400% return.
• Cold Calling: According to Breakcold, for an investment of $5,000 in cold calling (including costs like personnel and software), businesses can potentially generate $76,800 in revenue. This translates to an ROI of approximately $15.36 for every $1 spent. breakcold.com
• Cold Email: profitoutreach.app says studies have reported ROIs as high as $42 for every $1 spent, further highlighting the potential profitability of cold email strategies. 
• Joint Ventures: I saw a return of over 7,000%. In other words, I spent $200 and brought in $14,100 in just 6 hours, the next joint venture I did brought in a return of 21,000% in other words I saw a return of $211 for every dollar

Research

The feedback we have provided is from the latest research from multiple resources and research firm. The purpose of this research is to provide you with the information you need to make the most intelligent choices for your business marketing.

Search Marketing

Search: The advantage of search-based advertising is that traffic from search engines consists of an audience actively looking to buy, unlike most advertising, which is what is called interruption advertising, such as what happens on social media and TV.

As you watch TV or are browsing the internet you are introduced to different products. This is what is meant by interruption marketing.

• Google AdWords:
  

  • Idiot Index: High
  • ROI: Brandcampdigital.com says: On average, Google Ad bring you a return of $2 for every $1 invested.
  • Explanation: Google AdWords allows businesses to create and manage pay-per-click (PPC) ads on Google's search engine and partner networks. While setting up ad campaigns is relatively user-friendly, achieving optimal results requires understanding keyword research, bidding strategies, and ad targeting

• Yahoo/Bing Advertising:
  

  • Idiot Index: High
  • ROI: There isn't a widely cited or easily accessible statistic for the average ROI specifically for Yahoo Search advertising, however, to repeat, again:Brandcampdigital.com says: On average, Google Ad bring you a return of $2 for every $1 invested.
  • Explanation: Advertising on Yahoo and Bing involves similar principles to Google AdWords but may have differences in audience demographics and ad platform functionality. 
    Advantages: Bing's average CVR is slightly better than what we see on Google Ads. There are some advantages over Google ads with Bing and Yahoo for some companies, so we advise doing more research to see if Bing and/or Yahoo is right for you.

• Display Ads:
  

  • Idiot Index: High
  • ROI: According to Webfx.com, for every $1 invested, display ads bring in a return of $2.
  • Explanation: Display advertising involves placing visual ads (banner ads) on websites and mobile apps. While setup and targeting options are relatively simple, achieving high engagement and conversion rates may require experimentation and optimization.

Paid Social Media Ads:

There is a lot of hype regarding social media advertising because these channels have massive audiences. However, due to the sheer volume of messages bombarding us, many ads go unnoticed. Chet Holmes International posted a report in 2023 stating that in 2008, it took someone seeing our ads 5-8 times before remembering us. However, today, with the overwhelming amount of messages on social media, it takes someone seeing our ads 500 times before they remember us.

But on social media, that's why we are often only charged per click. However, when the economy is good, due to the popularity of social media, the top social media companies raise their prices. According to an article from Business Insider in July 2021, five major social media platforms are showing a dramatic increase in advertising costs year-over-year.

• Google and YouTube’s CPM increased by 108%.
• Facebook ad costs had an 89% increase, while the average CPM was $11.
• TikTok's CPM went up by 92%.
• Snapchat had "the lowest" increase in CPM at 64%.

According to an article at https://gitnux.org/social-media-marketing-roi-statistics/#:~:text=The%20average%20ROI%20for%20social,media%20conversion%20rate%20was%209.3%25, social media advertising has an average return of $2.50 for every dollar invested. However, this is why skill is important because I personally know people who earn a return of $4.80 for every dollar they spend on social media advertising.

If you have a large advertising budget, social media may give you the traffic you need. However, if you are a smaller company, social media is not the best option for you.

• Facebook Advertising:
  

  • Idiot Index: Moderate to High
  • ROI: Social media advertising has an average return of $2.50 for every dollar invested.
  • Explanation: Facebook's advertising platform offers a wide range of targeting options and ad formats, making it powerful but potentially complex for beginners. However, its user-friendly interface and extensive resources make it accessible to marketers of varying skill levels.

• Instagram Advertising:
  

  • Idiot Index: Moderate to High
  • ROI: Social media advertising has an average return of $2.50 for every dollar invested.
  • Explanation: Instagram's advertising platform integrates seamlessly with Facebook Ads Manager, offering similar targeting options and ad formats. While visually engaging, understanding Instagram's audience and optimizing ad performance may require some expertise.

• Twitter Advertising:
  

  • Idiot Index: Moderate to High
  • ROI: Social media advertising has an average return of $2.50 for every dollar invested.
  • Explanation: Twitter's advertising platform allows businesses to promote tweets, profiles, and trends to targeted audiences. While the setup is relatively straightforward, achieving success may require experimentation and familiarity with Twitter's user behavior.

• Pinterest Advertising:
  

  • Idiot Index: Moderate to High
  • ROI: Social media advertising has an average return of $2.50 for every dollar invested.
  • Explanation: Pinterest's advertising platform enables businesses to promote pins to users based on interests, keywords, and demographics. While visually-driven and intuitive, maximizing ROI may require understanding Pinterest's unique audience and content preferences.

• LinkedIn Advertising:
  

  • Idiot Index: Moderate to High
  • ROI: Social media advertising has an average return of $2.50 for every dollar invested.
  • Explanation: LinkedIn's advertising platform targets professionals and businesses, offering options for sponsored content, text ads, and sponsored InMail. While targeting options are robust, achieving optimal results may require knowledge of LinkedIn's professional user behavior.

• YouTube Advertising:
  

  • Idiot Index: Moderate to High
  • ROI: Social media advertising has an average return of $2.50 for every dollar invested.
  • Explanation: YouTube advertising involves creating and optimizing video ads to reach targeted audiences. While the platform offers extensive reach and targeting options, producing compelling video content and analyzing performance metrics may require expertise.

• Media, Influencer Marketing:
  

  • Idiot Index: Moderate
  • ROI: Influencer marketing has proven to be a highly effective strategy for many brands, offering substantial returns on investment (ROI). On average, businesses earn $5.78 for every $1 spent on influencer marketing. Notably, the top 13% of businesses achieve returns of $20 or more for each dollar invested. 

    Additionally, a study by Tomoson found that businesses see an average ROI of $6.50 for every $1 spent on influencer marketing, highlighting the potential profitability of this marketing approach. 

    There are reports that show influencer marketing brings an 11x return. However, influencermarketinghub.com suggests this is an overestimation. Nevertheless, influencer marketing still yields better returns than if you had invested the same money into social media.

    These statistics underscore the effectiveness of influencer marketing in driving revenue and enhancing brand visibility.

  • Tips: Influencer marketing capitalizes on the relationships influencers have with their following. Similarly to word-of-mouth advertising, it seems to be very effective if you don’t focus on the size of the following but rather the relationship they have with their audience.
  • Explanation: Content marketing encompasses various channels and formats, each with its own level of complexity. While creating content is accessible, developing a comprehensive content strategy and measuring effectiveness require expertise.
    sproutsocial.com

• Print Advertising (Newspapers, Magazines, Flyers, Postcards):

  • Idiot Index: Moderate
  • ROI: Magazines deliver a higher ROI on advertising spending across all media, averaging a $3.94 return on every dollar spent. That’s 50% higher than all other categories. Nielsen also looked into this and found magazines had the highest aggregate ROI over TV, online, online video, and outdoor.
  • Explanation: Print advertising involves placing ads in traditional print media. While the concept is familiar, achieving effective reach and ROI may require understanding audience demographics and publication circulation.

• Broadcast Advertising (Radio and TV):
  

  • Idiot Index: Moderate
  • ROI: TV has a return of 300-500%, or a return of $3-5 for every dollar invested. However, iheartradio says it will bring you a return of $6 for every dollar you invest. TV and radio are out of the price range for many of us. So, if you are considering TV or radio, you should look at local options. There is new technology that makes it easier to target certain viewers, similar to what can be done through the internet.
  • Stasita $6.5
  • https://www.statista.com/statistics/629438/ad-spend-roi-medium-usa/
  • https://barnraisersllc.com/2021/09/06/9-experts-explain-what-is-roi-of-tv-advertising/
  • Explanation: Broadcast advertising involves airing commercials on radio and television. While reaching mass audiences, creating impactful ads and negotiating media buys may require expertise.
  • Remarking
  • Idiot Index: Low
  • ROI: Remarketing campaigns, which target users who have previously interacted with your website or business, can offer a high return on investment (ROI), with a common benchmark being a 5:1 ratio (meaning $5 generated for every $1 spent). 

    The ROI for remarketing campaigns can vary based on factors such as industry, audience, and campaign execution. However, several studies provide insights into its effectiveness however, Brands have reported up to a 161% increase in conversions after implementing retargeting strategies. constantcontact.com
    Explanation: Remarketing, also known as retargeting, is a digital advertising strategy that targets users who have previously interacted with your website or content. This approach often leads to higher engagement and conversion rates compared to standard display advertising.

• SEO (Search Engine Optimization):
  

  • Idiot Index: Low
  • Cost: On average, SEO costs range from $100 to $250 per hour for US SEO agencies. Monthly SEO costs typically fall between $2,500 and $10,000 for US agencies, with the average SEO plan costing around $2,819 per month.
  • ROI: TeraKeet estimates that the average ROI of SEO ranges from 550% to 1,220%.
  • Explanation: SEO involves optimizing website content and structure to improve organic search engine rankings. While the concept is straightforward, implementing effective SEO strategies requires technical knowledge and ongoing monitoring and adjustments.
  • Downside: SEO involves analyzing data to find the perfect balance of keywords that receive enough traffic and are not overly competitive. Using overly competitive keywords may lead to a loss of potential profits. It may also take months before you see any results. We suggest setting a budget of at least 12 months to see results.

• Content Marketing (Blogging, Video Marketing, Podcasting, Organic Social Media, Influencer Marketing):
  

  • Idiot Index: Low
  • ROI: Sitecore states that across all industries, the average return on investment was 748%, assuming consistent weekly publication. For example, the Cleveland Clinic invested $100,000 for a team to create content that brought in a return of $790,000 in the first year however, overtime because of the amount of content you have out on the internet it continues to drive more and more traffic.

• Explanation: Content marketing encompasses various channels and formats, each with its level of complexity. While creating content is accessible, developing a comprehensive content strategy and measuring effectiveness require expertise.
• Top producing content are:

• Direct Mail / Flyers
• Idiot Index: 5 out of top 5
• ROI: Postpilot, an automated postcard marketing company, reports a return of 400-700%. However, Tony Kelso saw a return of 1,120% by sending out a postcard. He employed a strategy called farming, marketing to the same neighborhoods every 2-4 weeks.

• Explanation: Direct mail involves sending physical promotional materials via postal mail. While conceptually simple, achieving high response rates and ROI may require targeted segmentation and compelling creative.
• Affiliate Marketing:
  

  • Idiot Index: #4 out of top 5
  • ROI: AuthorityHacker.com states that brands using affiliate marketing get an average return on investment (ROI) of $15 for every dollar spent, equating to a 1400% return.
  • Explanation: Affiliate marketing involves partnering with affiliates to promote products or services in exchange for a commission. While setup is straightforward, managing affiliate relationships and tracking performance may require expertise.

• Cold Calling:
  

  • Idiot Index: #3 out of top 5
  • ROI: ccording to Breakcold, for an investment of $5,000 in cold calling (including costs like personnel and software), businesses can potentially generate $76,800 in revenue. This translates to an ROI of approximately $15.36 for every $1 spent. breakcold.com.

    It's important to note that these figures are averages, and actual results can vary based on the quality of leads, the skill of the sales team, and the specific industry. Regularly analyzing and optimizing your cold calling strategy is essential to maximize ROI.

  • Tip: Based on my own research, cold calling has an ROI of 3,000%. Over a 6-8 hour period, you can generate 20-30 interested prospects per day and close 10-15 sales a week, generating $18,000 a month at just $300 per sale.
  • Explanation: Cold calling involves reaching out to potential customers via phone. While conceptually simple, success depends on communication skills and overcoming objections.

• Cold Emailing:
  

  • Idiot Index: #2 out of top 5
  • ROI: Cold emailing has an ROI of $36 for every $1 invested or 3,600%. However, Hubspot claims email has an ROI of 4,400%.
  • Cost: Expenses include an autoresponder for sending out thousands of emails, domains for compliance, and a scrapper for finding email addresses to send.
  • Explanation: Cold emailing is not spam. It involves reaching out to potential customers via email. While conceptually simple, success depends on communication skills and overcoming objections.
  • Cold email marketing can yield substantial returns when executed effectively. On average, businesses earn $36 for every $1 spent on email marketing campaigns, equating to a 3,600% return on investment (ROI). 
  • revnew.comAdditionally, studies have reported ROIs as high as $42 for every $1 spent, further highlighting the potential profitability of cold email strategies. 
  • profitoutreach.app
  • It's important to note that these figures can vary based on factors such as industry, target audience, and the quality of the email content. Implementing best practices—like personalizing emails, segmenting your audience, and crafting compelling subject lines—can significantly enhance your campaign's effectiveness and ROI.

• Joint Ventures:
  

  • Idiot Index: #1 out of top 5
  • ROI: Returns can vary, but the first time I used a joint venture, I saw a return of over 7,000%. In other words, I spent $200 and brought in $14,100 in just 6 hours.
  • Explanation: Joint ventures involve collaborating with other businesses to mutually market products or services. While conceptually simple, negotiating partnerships and ensuring alignment of goals can be complex, requiring tools such as cold calling, emails, direct mail, or others to find partners.

Conclusion

Most businesses are in the growth period, many businesses never progress beyond this point. The growth period is the phase of your business when you are getting customers and building a customer base.

For most business, especially to you lack capital you should be focusing your efforts using joint ventures.

Many of the world most successful billionaires, before they were millionaire and billionaires started off using joint ventures.

Love him, or hate him Bill Gates did nearly his first $10 Million dollars from joint ventures, Quest Nutrition went from $0 to a billion dollars in 3 years from joint ventures.

Again my first joint venture I saw a return of 7,000% and my next joint venture, my client saw a return of 21,000% so, to help you get started with this idea I'd like to promote your offer/product/business to my 150,000 customers and growing for FREE to help you gain more business.

Someone did the same favor for me once, and I'd like to do the same favor for you visit http://RodeoDriveGroup.com/Invite.

Introduction

The best states to become a millionaire have the highest levels of concentration of millionaires living in these states and/or cities.

The states and/or cities that have the highest concentration of millionaires also have a high cost of living, so living in these states, you will need to earn more money to have the same standard of living than you would living in another state and/or city with a lower income.

For example, many of our readers are from Los Angeles. To be in the top 10% of earners in Los Angeles, you would need an annual income of approximately $341,276.

While specific data on being in the top 10% in Los Angeles isn't readily available, we can infer from regional wealth indicators. In Southern California, the average net worth required to be considered "wealthy" is at least $3.5 million.

So, you need to have a net worth of at least $3.5 million in Los Angeles.

One strategy that many lifestyle business owners use is to build their income in a city like Los Angeles while keeping their expenses low and becoming a millionaire, then moving to a state or moving out of the country where their dollar can go further.

Following is the list of the top states to become a millionaire. For more details, see your workbook or visit Alphalifestyleacademy.com.

One more thing—stay healthy, have a great day, and I’m glad I could help you.

🏆 Top 10 States to Become a Millionaire

📉 Bottom 10 States for Aspiring Millionaires

California stands out as a prime environment for wealth accumulation, offering a combination of high-income opportunities and a substantial millionaire population. Here's a closer look at the statistics:

🌟 Top Cities in California for Aspiring Millionaires

California boasts several cities that provide excellent opportunities for wealth growth:​

• San Francisco Bay Area
  With 342,400 millionaires and 82 billionaires, the Bay Area has seen a 98% increase in its millionaire population over the past decade. ​Business Insider+3Condé Nast Traveler+3The Desert Sun+3
• Los Angeles
  Home to 220,600 millionaires and 45 billionaires, Los Angeles offers diverse industries including entertainment and technology. ​The Desert Sun
• San Jose
  As the heart of Silicon Valley, San Jose benefits from a concentration of tech companies and startups. ​Wikipedia
• Palo Alto
  Known for its high median household income and proximity to major tech firms. ​
• Newport Beach
  Offers a luxurious lifestyle with a strong local economy. ​
• Malibu
  Attracts high-net-worth individuals with its scenic beauty and exclusivity. ​
• Atherton
  One of the wealthiest cities in the U.S., known for its affluent residents and high property values. ​
• Los Altos Hills
  Features a high concentration of wealthy individuals and proximity to tech hubs. ​
• Santa Monica
  Combines beachfront living with a thriving business environment. ​
• Beverly Hills
  Synonymous with luxury and wealth, attracting affluent individuals worldwide. ​

Median Household Income

California boasts a median household income of $94,605, placing it among the top states in the nation. This high median income reflects the state's robust economy and diverse high-paying industries. 

investopedia.com

Per Capita Personal Income (PCPI)

In 2022, California's per capita personal income was $84,561. When adjusted for regional price parity (RPP) to account for the cost of living, this figure stands at $77,300. This adjustment highlights the state's strong earning potential, even when considering its higher living costs. 

en.wikipedia.org

High Concentration of Wealth

California's economy is bolstered by leading industries such as technology, entertainment, and agriculture. The state is home to numerous Fortune 500 companies and a significant number of high-net-worth individuals, contributing to its status as a hub for wealth creation. 

investopedia.com

Economic Opportunities

The state's diverse economy offers abundant opportunities for entrepreneurship and career advancement. With sectors ranging from tech startups in Silicon Valley to entertainment in Hollywood, California provides fertile ground for those aiming to achieve millionaire status.

While the cost of living in California is relatively high, the state's substantial income levels and wealth concentration present significant opportunities for financial success.

Conclusion

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