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WATCH: High School Dropout Turns $500 Website into $35 Million Fortune Using This Platform…

Meet the Former MMA fighter, high school dropout, and single father who had absolutely zero business background bought a business for $500 on an online business flipping site. 9 years later, his business is doing $35 million a year.

His advice to you? “Don’t start a business, buy one.”

Here’s how you can do it too…

 

But first, here’s a quick background on Ramon Van Meer

Today Ramon Van Meer is the CEO and founder of Alpha Paw, a website for pet owners that offers products for every dog breed-specific health issue. Ramon bought the business for $300k and has built it to $35M in revenue within three years.

 

Where’d he get the money to buy it? Through a series of website flips that started with a small content blog about financial credit, a site he bout on Flippa for $500. He promoted it and built a small following and sold it. He did that again about 3-4 more sites.

You can watch Ramon’s incredible exit story below or listen to it in the Quiet Light podcast, but want I wanted to show you, is the site Ramon and thousands of others go to buy and sell websites. Flippa.com.

 

WATCH:

 

Want to Buy or Sell a Website? Meet Flippa.com

Flippa.com is an auction site where you can buy and sell internet businesses. Don’t know how to code or build a membership site or dropping shipping store? No problem, just buy one.

 

What Can You Buy and Sell on Flippa?

Flippa lets you can buy and sell websites, drop shipping stores, domains, and even mobile apps. The portal is aimed to assist website owners in selling their websites as well as assisting others in purchasing established websites, domains drop shipping sites, and mobile apps.

Sites can range from just created with zero revenue to multi-million in reoccurring sales…

If you’re interested in learning more about how to use Flippa and the pros and cons of the platform, check out this full report and guide from Niches Pursuits.

 

For more information visit tylerhayzlett.com

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WATCH: Inside the Ever Unfolding TOSHIBA Scandal

Toshiba is a brand that’s been drowning in scandals for years. Including a recent one that involved overstating it’s profits to shareholders by $1.2 billion which resulted in the resignation of their CEO.

The company was once one of the most innovative businesses on the planet, they produced one of the first laptops. They were credited as being the first company to mass produce one. Chances are you owned one…

They were sued and settled to pay $1billion in a class action lawsuit for faulty equipment.

Despite being such an innovative company, Toshiba has experienced some massive setbacks over the years that have resulted from a combination of both poor business decisions and public scandals.

This video y Company Man highlights the most notable ones. Here’s a video that highlights the history of Toshiba’s insane series of scandals.

 

WATCH:

 

The Surprising History of Toshiba

Toshiba traces its history in Japan to 1875. The company rode the post-war Japanese manufacturing boom in the late 1950s to high growth portfolio of unique and innovative products. Toshiba began selling products in foreign markets during this period and continued to expand its businesses across the globe during the following decades.

Today, the conglomerate operates business units on a worldwide scale in a variety of diverse industries, including semiconductors, personal electronics, infrastructure, home appliances, and medical equipment.

Toshiba reported net worldwide sales of more than 3.38 trillion Japanese yen or $31 billion for the 2020 fiscal year. The company employs more than 125,648 people worldwide.

 

 

 

For more information visit tylerhayzlett.com

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Confessions From a Tech Billionaire: “Why Content is King” in the Digital Economy

Content is king, everybody knows that. But what the hell does it mean?

The phrase “content is king”, came from an essay published in 1996 on the first page of Microsoft, by the soon to be self-made billionaire, Bill Gates.

In his essay, Gates publicly predicted what was predicated for the success of any person or business that wished to grow a business online.

Spoiler alert (it’s content). Here’s why…

 

Content is King – Summary From the 1996 Essay

“Content is where I expect much of the real money will be made on the Internet – just as it was in broadcasting.

“… the broad opportunities for most companies involve supplying information or entertainment.

No company is too small to participate.
I expect societies will see intense competition- and ample failure as well as success-in all categories of popular content.

Those who succeed will propel the Internet forward as a marketplace of ideas, experiences, and products – a literal marketplace of content.”

How to Compete in a Marketplace of Content?

It means that brands are turning to story telling to get the attention of their customer. It means that in order to rise above the noise we can’t be more noise.

You don’t want to promote content for the sake of creating content (God knows the world doesn’t need more content).

Don’t interrupt the content your customer is searching for. Create the content they are searching for.

List out the 5 biggest obstacles your customer faces (as they relate to your product or service). Then create content to solve that problem.

 

At the end of the day you just need to build a list of people that share the journey of solving that pain-point to achieve success…and up-sell to that list your solution.

It’s that simple, that hard, and that unavoidable.

“I like it, I love it, I want some more of it!” – Billy Ray Cyrus

If you’re into this topic get the full story below.

Want to learn the strategy to operate as a media company? We created a comprehensive overview, where I can teach you how to operate your business as a media brand in 32 pages.

Learn how to compete in a market place of content. Click the link below.

For more information visit tylerhayzlett.com

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WATCH: Twitter Removing Over 1 Million Spam Accounts EVERY SINGLE DAY!

So, Twitter recently revealed a plan to remove one million fake bot accounts every, single day.

The company announced Wednesday that it will begin removing millions of accounts:

  • Bots
  • Inactive accounts from users’ follower numbers
  • Fake accounts

in all, the update will remove “tens of millions” of accounts from users’ follower number and impact around 6 percent of all follows on Twitter.

WATCH:

 

All of which begs the question: what the hell are Twitter bots?

What the Hell are Twitter Bots Exactly?

So, I looked it up and it turns out that Twitter bots are automated accounts that can do the exact same things as human beings do on Twitter. Except I picture them singing “I can do everything you can do- better,” while doing it.

For Example:

They can send out tweets, follow users, and even like and retweet postings by others. Which on the surface doesn’t sound nefarious, however in practice, that’s exactly what they are.

 

So What Are Bots Being Used For?

Spam bots can be programmed to drive traffic to a website for a product or service using fake accounts and reviews.

They can be used to spread political lies and promote messages. Or event disperse links to fake giveaways or financial scams.

Why is Twitter Removing Tens of Millions of Accounts?

After announcing his recent plans to acquire Twitter, Elon Musk said one of his priorities was to force the company to crack down on bots that promote scams involving cryptocurrencies.

Musk has asked Twitter’s executives to share more details on the company’s claim that it keeps the number of automated bots under 5%. Unless it can prove that bots represent less than 5% of the accounts being served ads on the platform, the $44 billion deal might… fly away.

 

For more information visit tylerhayzlett.com

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Technology

All Business with Jeffrey Hayzlett Is Now on Amazon Music

All Business with Jeffrey Hayzlett, the leading business podcast on C-Suite Radio, is announcing that it has been added to the lineup of podcasts on Amazon Music. All Business with Jeffrey Hayzlett brings to light conversations with some of the brightest minds in business where nothing is off-limits – the good, the bad, and the ugly, from Main Street to Wall Street.

Amazon Music is one of the largest on-demand streaming music services with over 55 million customers and growing. It’s also integrated with Alexa, giving podcasters the opportunity to reach millions of listeners and target potential customers.

“This is a great opportunity for our show and for our network as a whole. At C-Suite Radio, we always refer to the hockey stick of growth – and while this time has been challenging for many, the network has been growing rapidly and steadily,” said host Jeffrey Hayzlett. “With over 200 shows on our network, this is a great opportunity and I encourage other podcasts hosts to follow in our footsteps. Content is king and the ability to monetize that content has increased significantly.”

 

All Business with Jeffrey Hayzlett features insightful conversations around the most compelling topics in business today. Guests offer an astute perspective in the form of personal narratives, challenges faced, setbacks overcome, innovations pioneered, objectives met, and lessons learned. Past guests have included Beth Comstock, Steve Forbes, Piers Morgan, Gene Simmons, Kevin Jonas, Bob Guccione, Jr., Christie Hefner, Arianna Huffington, Andrew Zimmern, and more.

If you would like to submit your podcast to Amazon Music, visit this link and follow the steps.

If you have a business show you’d like to see on C-Suite Radio, contact us here.

If you would like to be considered as a guest on C-Suite Radio, fill out this submission form.

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Technology

All Business with Jeffrey Hayzlett Is Now on Amazon Music

All Business with Jeffrey Hayzlett, the leading business podcast on C-Suite Radio, is announcing that it has been added to the lineup of podcasts on Amazon Music. All Business with Jeffrey Hayzlett brings to light conversations with some of the brightest minds in business where nothing is off-limits – the good, the bad, and the ugly, from Main Street to Wall Street.

Amazon Music is one of the largest on-demand streaming music services with over 55 million customers and growing. It’s also integrated with Alexa, giving podcasters the opportunity to reach millions of listeners and target potential customers.

“This is a great opportunity for our show and for our network as a whole. At C-Suite Radio, we always refer to the hockey stick of growth – and while this time has been challenging for many, the network has been growing rapidly and steadily,” said host Jeffrey Hayzlett. “With over 200 shows on our network, this is a great opportunity and I encourage other podcasts hosts to follow in our footsteps. Content is king and the ability to monetize that content has increased significantly.”

 

All Business with Jeffrey Hayzlett features insightful conversations around the most compelling topics in business today. Guests offer an astute perspective in the form of personal narratives, challenges faced, setbacks overcome, innovations pioneered, objectives met, and lessons learned. Past guests have included Beth Comstock, Steve Forbes, Piers Morgan, Gene Simmons, Kevin Jonas, Bob Guccione, Jr., Christie Hefner, Arianna Huffington, Andrew Zimmern, and more.

If you would like to submit your podcast to Amazon Music, visit this link and follow the steps.

If you have a business show you’d like to see on C-Suite Radio, contact us here.

If you would like to be considered as a guest on C-Suite Radio, fill out this submission form.

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Accounting Growth Human Resources Investing Management News and Politics Personal Development Technology

Is This the Beginning of the End for Wayfair?

It’s been a big week for retail…

Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees. This comes after the company announced a hiring freeze back in May.

The layoffs represent about 5% of the company’s global workforce and 10% of its corporate team. 400 jobs are being cut in Boston alone at the company’s HQ).

This announcement came as an alarm to investors, causing the stock to plummet…

Wayfair’s Stock is Crashing…

For the first two years of the COVID-19 pandemic, the company was profitable. According to The Wall Street Journal, Wayfair’s stock fell by over 17% Friday morning.

Wayfair has been struggling to keep customers after a spike at the start of the pandemic. Earlier in August, Wayfair said it lost 24% of active customers since last summer.

Recent regulatory filings revealed that the job cuts will help Wayfair “manage operating expenses and realign investment priorities.”

CEO Niraj Shah wrote in an letter to employees that the layoffs were a “difficult decision” resulting from Covid-19.

“We were seeing the tailwinds of the pandemic accelerate the adoption of e-commerce shopping, and I personally pushed hard to hire a strong team to support that growth,” Shah wrote. “This year, that growth has not materialized as we had anticipated. Our team is too large for the environment we are now in, and unfortunately we need to adjust.”

 

Is This the Beginning of the End for Wayfair?

Wayfair had flourished at the beginning of the pandemic, when demand for inexpensive furniture and other home decor upgrades that it broke global supply chains and caused lengthy shipment delays.

But fast forward to the present economy, inflation has killed discretionary spending for  middle-income shoppers, who have pulled back their purchases to focus on paying for necessities like groceries, gas and rent. Wealthier customers have shifted their spending from furniture and other goods to travel and services. Mortgage rates have climbed significantly, cutting into demand for new homes as well (a key demographic for the company).

Overall, Wayfair posted a net loss of $378 million during the quarter. Wayfair’s shares have lost about 70% of their value since the start of the year. The layoffs will cost Wayfair between $30 million to $40 million for employee severance and benefits.

 

WATCH:

For more information visit tylerhayzlett.com

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Is This the End of Shopify? Shopify Lays Off 10% of Employees

Shopify Inc. SHOP 1.90%▲ is cutting roughly 1,000 workers, or 10% of its global workforce, rolling back a bet on e-commerce growth the technology company made during the pandemic, according to recently shared internal memo.

Leaving many people wondering why?

According to the Wallstreeet Journal reported today, Shopify CEO Tobi Lütke says company made wrong bet on pandemic-fueled boom in e-commerce growth.

The main reason for the layoffs was rapid hiring to accommodate increased ecommerce shopping trends.

Basically, Shopify was betting on that the rapid Covid-era lock downs would increase in ecommerce shopping would continue as a trend, hastening a greater adoption of online shopping.

That didn’t happen…At least not for Shopify.

 

What is Shopify?

Based in Ottawa, Canada, Shopify is an e-commerce service that allows merchants to quickly build and customize websites for selling products online. In addition to plan fees, Shopify makes its money in part by taking a percentage of customer transactions. In short, they are a platform that enables users to create drop shipping sites.

 

WATCH:

For more information visit tylerhayzlett.com

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WATCH: Will Electric Cars Save the Planet? Or Just Propaganda?

In a recent episode Valutainment’s Patrick Bet-David breaks down the myths surrounding the electric vehicle debate.

Which is timely considering Biden just announced that by 2030 50% of American cars need to be electric or EV’s.

WATCH:

 

But it’s obviously a  little bit more complicated than that.

Here’s why…

Patrick Bet David Breaks Down the Argument For & Against Having EV’s:

In a recent post the Valutainment team investigates and breaks down the argument for and against the environmental impact of the electric vehicle industry. Patrick breaks down;

  • Which industry will benefit the most from EVPS?
  • Who is hurt by EVs?
  • Are EV’s the new Diesel Scandal?

WATCH:

What is Valuetainment?

Valutainment is an entrepreneur channel created by Serial Entrepreneur, Patrick Bet-David. Valuetainment is referred to as the best channel for entrepreneurs with weekly How To’s, Motivation and interviews with unique individuals. About PBD: During the Iranian Revolution of 1978, Patrick’s family had to escape to survive and ended up living at a refugee camp in Erlangen, Germany. At 12 years old Patrick found himself collecting cans & beer bottles to raise money that could help his family and get him a Nintendo.
Thinking of buying an electric vehicle? Read this first…
For more information visit tylerhayzlett.com
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Amazon Prepares to Launch Delivery Drones. Again…

13 years after Jeff Bezos promised the world drone delivery, it appears they might be making good on that promise soon. The company is planning to roll out its first city this year.

Which feels like something out of a sci fi movie. While it still seems logistically impossible for drones delivery to actually work, I wouldn’t bet against Bezos’ ability to pull it off…

If you haven’t heard of their drone delivery network yet, it’s called Prime Air.

So what the hell is Prime Air exactly?

 

What is Prime Air Anyway?

Prime Air, is a drone delivery service currently in development by Amazon that will deploy delivery drones to autonomously fly individual packages to customers within 30 minutes of ordering.

In order to qualify for 30-minute delivery, your order must be less than 5 lbs. The products also have to be small enough to fit in the cargo box that the aircraft will carry… and have an Amazon delivery location within a 10-mile radius of a participating Amazon fulfillment center.

 

Is This Actually Happening?

In late 2020 Amazon, along with Zipline, Wingcopter and 7 others were selected by FAA to participate in a type certification program for delivery drones. Operations are expected to begin in the town of Lockeford, California later in 2022.

After years of testing and delays, the company is finally set to launch. At least for products 5 pounds or less…

Watch this video to learn more.

 

WATCH:

 

How will Prime Air Actually Work Though?

When a customer places an order eligible for Prime Air, they’ll receive an estimated arrival time and status tracker for their package.

The drone uses a sense-and-avoid system to safely fly packages while also dodging obstacles such as other objects and aircraft.

“As our drone descends to deliver the package into a customer’s backyard, the drone ensures that there’s a small area around the delivery location that’s clear of any people, animals, or other obstacles,” said an Amazon representative.

Once it gets low enough, the drone will release the package and just fly off.

Is Anyone Else Doing Drone Delivery?

Walmart said their drone network could reach up to 4 million households in six states: Arizona, Arkansas, Florida, Texas, Utah and Virginia. Items including Tylenol, diapers and hot dog buns could be delivered in as little as 30 minutes…

Similarly, drone company Wing, owned by Google parent company Alphabet, announced in April plans to launch a commercial drone delivery service in Dallas. Walgreens is among the retailers partnering with Wing to offer items delivered by drone.

For more information visit tylerhayzlett.com