Andrew Tate revealed his business tricks! Learn from the best! - part 1
Few weeks ago Andrew prepared 100 lessons from Hustler University. All valuable lessons at one place. Consider it your personal New Year’s present from Cobra. His idea is to teach young men how to become rich, how to start earning money ASAP! According to Tate there are many wrong methods, wrong advice on this matter, such as: go to the university, spend years and years in school, or read books, etc…
We’ll try to sum up the most important tips from this successful entrepreneur and share with you!
- The power of SPEED!
Everything that must be done, must be done FAST! Not CHEAP or SHEET, but QUICKLY!
- BUSINESS: What is it?
Business is your money in the bank! it’s not your logo, your site, etc… You only have a business if you are paid. First of all - CASH! Nothing else. Business is money IN. Money OUT is vanity! And that is all a man needs to know. Prioritize earning money, not spending.
- Start your idea for FREE!
Do it cheaply, as much as you can. In the beginning, try with a website and some nice pictures of products. If you receive orders, thankfully to your speed, you’ll find merchandise and arrange fast delivery to the customers. Andrew, as a millionaire, doesn’t advise investing more than 5K in new business. That is his limit.
- Find the best STAFF!
If you ask Tate, in his opinion family and friends are the best staff you can get. His own successful business example is partnership with his brother Tristan. “Many of young cousins are better with computers than us…young people are fantastic, they know more than old people anyway” says Andrew.
- COMMAND RESPECT!
If you are a big, strong person people respect you and trust you. Andrew advises men to get in physical shape, go to the gym, get in shape, and people will have more respect for you, more people will trust you and be willing to do business with you. It shows you are disciplined, hard working and makes your word more valuable.
- RESELL TO THE PEOPLE YOU HAVE ALREADY SOLD TO!
If you do a good job the best customers you’ll ever have are old customers. It’s easiest money if you ask Andrew. Your cash is often in the hands of people you already have as customers, don’t look at new ad campaigns, new product launches….ask yourself Is there something I can resell to old customers?
- DON’T GET LEGAL BEFORE YOU GET RICH!
Don’t do tax forms, legal forms, accountant, etc before you get 1M with your business. First, money in, first get rich then go legal, and get on papers everything.
- USE WHAT YOU GOT!
Consider all your resources, whatever you have. For example, I have a house, car, bike, knowledge of some area of expertise, experience in some field, young cousins, siblings,...A lot of people have many resources at their hands, just don't realize this. Sit and write all the benefits you have without investing a lot of money in them.
“Staff either make you money or save you time, or you don’t need them”, says Andrew. His tip is to write down all staff members, their tasks, if they finished them, in what period of time, could you do the same in that time,etc…That way you'll know if you really need them or not!
- OUTSOURCE CHEAPLY!
Cobra recommends finding a student(s), using Fiverr, outsource cheaply. Never hire another company for your work! If you hire a person to do your job, for example build a website, that person will only have one job - to build you a website. But if you hire a company for the same project, then that company has two jobs - one is to build you a website and another is to get more clients. Their primary focus is to generate more money!
- INVEST AS LITTLE AS POSSIBLE!
You can’t fuck up if you don’t invest money! This rule is very important for beginners. It doesn’t mean you should be stingy, or not investing, but only to do it wisely. You should spend money in a way to bring more money IN!
For example, pay more influencers, youtubers, to advocate for your product/service…Rather than invest in a new office or a computer!
- CONTROL YOUR REPUTATION!
Andrew’s formula is to do more good things than bad! Take all criticism personally, speak to people, even if you disagree with them. The Internet can bring you many customers, and also to take them away.
- THINK LIKE A BUSINESSMAN!
Change the way you think about the money - meaning, think about the money more and more! Train your mind to think about business whenever you enter a store, restaurant etc…how it works, why it is successful, what do you need to start something like that, would you upgrade it, how….Eventually, you’ll start your new project with more chances for success!
- DO YOUR JOB BETTER!
Make a list of all the things you can do better, faster, etc. Even if you have a job, you probably have more time to develop your business on the side. People are very lazy if you ask Andrew and we can always work much more than we usually do!
- DON’T COMPETE ON PRICE!
There are too many products from Asia and no one can compete with those prices. Tate thinks you shouldn't either. Know your standards, reputation, product/service quality and set the price. You’ll have more complaints from customers who buy cheap products, and won’t earn serious money.
- LISTEN TO THE RICH PEOPLE AROUND YOU!
Listening is the best way to learn how to make money. There are lessons everywhere. If you are breging, you are just wasting time. Learn about other people, somebody knows something you don’t. Adopt it and be prepared to implement it!
- ATTENTION IS FREE ADVERTISING!
When you get attention, don't be afraid to shamelessly sell, sell, sell Andrew advises. It’s not easy to get attention nowadays. There is no bad publicity, anything that attracts people to your company. “Attention is the currency of the modern world” says Tate. Don't be afraid to do something bold and outside the box!
- PLAN ON PEOPLE INSECURITIES!
People have insecurities, and every business is playing on them. Someone wants hot girls, nice cars, to look good in a wardrobe, or look younger, stronger, more beautiful…With my product you’ll look better, have more success with women - with my product/service you can solve your problem! Just find out what problem your business can solve and you’ll have money in the bank!
Hope you profit already from these advices! Soon part 2 is coming!