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    Home»Passive Income»How I Became a $100 Million CEO After Dropping Out of High School
    Passive Income

    How I Became a $100 Million CEO After Dropping Out of High School

    FinanceStarGateBy FinanceStarGateFebruary 6, 2025No Comments6 Mins Read
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    Opinions expressed by Entrepreneur contributors are their very own.

    Benjamin Franklin as soon as stated, “Inform me and I overlook, educate me and I could keep in mind, contain me and I study.” Discovering one thing new might be simply executed, nonetheless, really studying and making use of it to actual life is one other problem.

    Individuals have a look at me at this time because the founder and CEO of a $100 million business and assume I’ve at all times had all the pieces found out.

    The reality is, I used to be not the perfect pupil in my early years, historically talking. My concept of studying did not line up with the state’s curriculum. I minimize college so typically that my mother and father lastly agreed it wasn’t the appropriate surroundings for me. So, at 16, I formally — and with my mother and father’ authorized blessing — turned a highschool dropout.

    After all, a proper schooling is hardly the one technique to study. Life is the perfect trainer.

    I did not study enterprise from books; I realized from experience.

    However every time I did run into one thing I could not clear up alone, I’d analysis the topic. I nonetheless have many books on administration and enterprise on the cabinets in my workplace which are filled with highlights, scribbles and marked pages for reference.

    Because it seems, scientific research show that writing on paper and interacting with print supplies helps us study higher. Nowadays, I do hearken to podcasts and books whereas I journey my bike, and watching YouTubers and studying weblog posts is useful. Nevertheless, I nonetheless make it some extent to include notebooks and books in my enterprise, each for my staff and shoppers.

    Why? As a result of the power of print nonetheless stands sturdy at this time in a sea of digital noise. Here is the way to take advantage of it:

    Associated: The 3 Greatest Lessons I’ve Learned After 25 Years in Business and $100 Million in Revenue

    1. Incorporate notebooks and different print supplies into what you are promoting operations so each staff and prospects can study extra

    Based on neuroscientists on the University of Tokyo, writing on bodily paper can result in extra mind exercise when remembering the data an hour later. After quite a few research, researchers concluded that distinctive, advanced, spatial and tactile info related to writing by hand on bodily paper is probably going what results in improved reminiscence.

    Opposite to the favored perception that digital instruments improve effectivity, individuals who used paper accomplished the note-taking process about 25% sooner than those that used digital tablets or smartphones.

    The analysis concluded: “Our take-home message is to make use of paper notebooks for info we have to study or memorize.”

    One other perk of print: Persons are extra prone to revisit printed copy versus digital paperwork. Marketing research has proven that almost a 3rd of all unsolicited mail stays within the residence greater than a month later, making this a worthwhile device for what you are promoting.

    I can confidently say I’ve skilled the facility of print firsthand. I constructed my very own enterprise, PostcardMania, from nothing to over $100 million in annual income by spearheading our personal advertising and marketing with unsolicited mail. It is at all times been the cornerstone of our promotion, and at this time we mail over 230,000 postcards each week to advertise ourselves.

    We have additionally helped 121,976 companies nationwide with direct mail-led campaigns. Alongside the way in which, we have racked up over a thousand unsolicited mail case research throughout tons of of industries — and people are simply the campaigns I’ve gotten permission to share far and huge. Talking of which…

    2. Launch a unsolicited mail advertising and marketing marketing campaign to extend your new leads

    Which commercial does the typical individual reply to extra? A digital advert on Fb, Instagram, Google or a postcard? One study revealed that contributors’ recall was 70% increased in the event that they had been uncovered to a unsolicited mail piece (75%), fairly than a digital advert (44%).

    This provides you a serious benefit over rivals should you incorporate unsolicited mail into your built-in advertising and marketing technique. This doesn’t suggest you ditch social media or digital advertisements altogether, however including unsolicited mail as a bodily touchpoint bolsters your digital methods. All of it works collectively.

    A new law can be going into impact this 12 months that can restrict lead-buying and lead-sharing. This implies producing new, natural leads will probably be much more necessary. The industries of actual property, mortgage and insurance coverage will probably be closely impacted.

    One in every of my shoppers, Klooster Family Dental, tripled their month-to-month prospects — from 15 new sufferers a month to 56 — after mailing postcards persistently. By including postcards to their advertising and marketing combine, they had been additionally in a position to open one other workplace location!

    With extra common new enterprise coming in, and the potential for repeat purchases, your income can skyrocket.

    Associated: This Powerful Marketing Strategy Will Help You Outshine Your Competitors and Make Your Brand More Memorable

    3. Implement unsolicited mail automation into gross sales funnels to spice up gross sales

    Direct mail marketing will have an effect on your new lead numbers, however it additionally has the potential to shut extra leads as effectively. By automating your mailers and putting them inside your gross sales funnel, you can reliably shut extra leads.

    About 85% of entrepreneurs agree unsolicited mail delivers the perfect conversion charge of all channels they use, up from 74% in 2023.

    The principle motive for that is due to the tangible — and extra memorable — impression of mail. And with at this time’s know-how, automation helps take the work out of mailing postcards or letters each month, too, so it can save you time as effectively.

    I recommend you join your CRM (Buyer Relationship Administration) system to a unsolicited mail automation platform. That manner, postcards might be triggered in your CRM. Somebody turns into a brand new lead? They obtain a postcard within the mail. Somebody receives a brand new quote? They get a postcard as effectively. A lead goes chilly? Postcard.

    Automated unsolicited mail is rising quick. That is the fastest-growing a part of my enterprise presently, and we count on to develop even sooner in 2025.

    For those who nonetheless doubt the facility of paper, I problem you to at the very least check out considered one of these initiatives. You may doubtless be fortunately shocked by the result!

    Associated: How to Boost Your Business With Direct Mail Automation and Retargeting — a Detailed Beginner’s Guide



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