Ryan McLean : Slightly Unconventional

#39 Resetting My Values By Listening To Less Business Podcasts Sat 22nd Aug 2015

Today I realised (as I was driving to get some dinner) I need to stop consuming business podcasts. I also need to reset my values if I want to move to 25 hours per week.

Hey guys! Ryan here from Instructions Not Included. Just a quick recording in my car. It is Saturday. I did not actually work today but I have been thinking about my business and I think I talked about it in the last episode but basically I kind of set a goal for myself that by the end of this financial year I want to be working for 25 hours a week or about 5 hours per day, with enough time to go surfing or enough time to spend time with my family and things like that.

And today I realized as I was driving somewhere, I think I was driving to pick up dinner, we got some take away, some pizza, crust pizza, which if you are in Australia, crust pizza is absolutely awesome. Chicken Peri Peri, so good!

Anyway, I am driving to get pizza, I am listening to a business podcast and I realized I really need to stop consuming business podcast. If i want to work 25 hours a week, how many hours a week do I spend listening to podcast. It is probably an excess of 10. So I am thinking I could save 10 hours per week on my business just by stop listening to podcast. I already know what to do.

I already know what to do to be successful so do I need to learn more of all of these stuff which kind of takes me in different directions and spins me around? Well no. Probably not. So something that I could do is to limit my podcast consumption for business podcast.

So okay, that is interesting. And then my mum is up here from Queensland so I dropped her home and I am driving back listening to music, just some quiet and I am letting my mind think. And I am thinking to myself I actually need to reset my values if I want to move to 25 hours a week. Because if all I am doing is listening to business podcast and thinking about business, business, business,business..I am putting so much value on my business that every waking hour that I am not doing something I want to be working on my business and that is because I value it above everything else.

So I need to actually make the decision to value other things, to value surfing, to value time with my family, to value these things and to stop spending time on other things and to actually begin to try and see the value in these other things that I want to do.

And I guess part of that is stepping away from listening to so many business podcast and business audio books and listening to other things or not listening to anything but thinking about my family or thinking about other things that I want to do and actually getting value and getting enjoyment out of other stuff apart from my business.

So that is a big step for me and so I thought on the way home I just quickly stopped to get some ice creams for my wife – she has had a hard day, so I thought get some ice creams, give her a treat. And probably if I was not listening to a business podcast on the way home that thought would not have even entered my mind because I will be thinking about my business, how I can make more money, blah, blah, blah. So by changing what I value and by changing what I  am spending my time thinking about I can actually change the outcomes in my life.

So I am thinking about if I want to achieve that goal of 25 hours per week, I need to change my values. I need to change the things that I focus on. And that is going to be a big process because I love business podcast. I love learning about business. I love the game. But just business is not making me happy. So that is going to be a process but it is going to be fun.

Alright guys. That is it for me for tonight. Thanks so much for listening!

Until next time, if you want instructions go and buy some furniture.


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#38 I Only Want To Work 25 Hours Per Week Wednesday 19 Aug 2015

I made a big strategic decision to move towards working less. I only working 25 hours per week and I want to spend more time living my life.

Hey guys! Ryan here from Instructions Not Included which you can find over at ryanmclean.net, R-y-a-n-M-c-l-e-a-n dot net. Now I made some big changes today, really strategic changes around my business because I made the decision I want to move towards working less.

You know, Oh Ryan you are not happy working for yourself, working the hours you want… No. I want to shift my lifestyle. I want to spend less time in my office working and I want to spend more time living my life and being with my family, going surfing, and also I want the time that I do spend working to be more productive. So rather than sitting down for 9 or 10 hours and just sometimes getting lost in the haze of my own thoughts, I would rather have a strategy, have a business that I go and I work 5 hours and I just smash things out and I just get things done.

So I really want to have a systemized business that has just more structure to it. I do not know if that is going to work for me because as you guys know I change my mind every single day so having a structure to my business might not work. But we will see how we go. But basically the goal is to work 25 hours a week or around 5 hours per day. And I would like to begin, start surfing again and doing that sort of stuff.

I just find that when I am surfing I am a happier person, I am a better father, I am a better husband and I will probably be better at running my business as well. So I need to free up some time to do that. I want to take the stress away, focus away from the business and start to focus on my life. I actually believe that as I do that then my business will continue to grow and I will probably find even more creative ways to make money.

So something that I have decided to change is On Property Plus, which is my main source of revenue at the moment. The way that I have been selling On Property Plus is through an Evergreen launch funnel. Now if you do not understand what that means, I am just going to quickly explain it now. Basically a launch funnel is when you create a series of videos or a series of blogposts or whatever it maybe, generally it is videos, and you send them out over the course of maybe 1 to 2 weeks and you have 3 videos that just add massive value. Free content, you teaching people about how to do what you do or why, why it is important.

So for me I have the first video on the 3 different ways you can find positive cash flow properties. Second video is on the biggest mistakes probably investors make. And the third video is on some research tools that I use or that you can use to research property. And so I give away these free content and then that leads into the fourth video which is a sales video which says you can sign up for my service, On Property Plus. You get property listings, you get education, you get tools that you can access and all of these sorts of stuff. And so basically they go through this 2 weeks series which leads them to the sales video. And then the sales video opens for them on a Tuesday and closes on a Saturday night.

And the reason it is called Evergreen Launch Funnel is because every single week you have a new group of people going through that funnel but the way it happens is that it is a real limited time offer for that person because the page that they get access to, it is open from Tuesday to Saturday, and then the link that they have disappears or goes to an expired page. And the next group of people that go through the next week get a different link. And so it is only groups of people at a time that have access to the deal. So it is a work around the launch funnel so that you can make it open to a small group of people for a certain amount of time but not to the general public.

And so I have been running with that for the last maybe 4 to 5 months and it has done well but it has definitely slowed down lately, definitely not seeing the results that I have been seeing in the beginning. It is just not working as much as I would like anymore and I am finding that it is just not me. I feel that the sales funnel process… it is a little bit of a sneaky tactic. I find it a little bit sleazy because it is that high pressure: it is closing, now is the last time for you to get in.

And I just find it frustrating that I cannot just create a video and market it on property Plus and sell over the link for sign up. And I know for myself if I am signing up for a tool to go through a sales funnel and to do that is not something that I really take action on anymore. It is not something that I really ever taken action on. All the tools that I signed up for really are tools that just exist out there. So I have Real Estate Investor, I pay $100 a month for that.

I have Hosting which I pay hundreds of dollars for. I have access to lead pages that is available all the time. So all of these stuff that are out there are always available and I could sign up and I could cancel them anytime but I do not.

And so my thinking behind changing On Property Plus from this launch funnel back to being available all the time because I think this will decrease my revenue. I think this will actually decrease how much money I am going to make from On Property Plus but it is going to allow me to automate my business more.

It is one less thing to have to think about. Every single week I have to go in, I have to adjust all the links, I have change all the emails, I have to fix everything up but if it is always available, I do not need to worry about that. And I can go, I can create free content and I can market On Property Plus and I can send people there. If I want to be working 25 hours a week, I do not want to be spending an hour or 2 changing my launch funnel every week which does not actually move me towards my goals. So I just want it to be – Evergreen, I want it to be available all the time and so I have made that move.

Another big move that I have decided to make with On Property Plus is to rename it. So I am renaming it On Property Listings just for clarity purposes. So I want people to know exactly what they are going to get, exactly what they are signing up for. And On Property Plus, the whole idea behind it was that it is on property plus you are getting a whole lot more. And originally when I launched it, it was not so focused on the listings.

It was more focused on the trainings that were in there as well as the tools that were available. Really because I felt like the listings did not have enough value and I could not justify the charge for the listings with what I was charging, which at the time was $20 a month or $200 per year. And so I added all those things in and so that is why it was named On Property Plus.

Now, I am actually going to remove the whole membership site aspect and I am going to charge more. So I am making the product less like they are getting access to less and I am going to actually charge more. And my reasoning behind this was I was listening to James Schramko and he was talking about his membership site and he was talking about people do not want 200 videos that they have to sit and look through. People want results. And so you need to focus on giving people the results that they want and anything that is there, that is fluff.

That is not going to give them the results that they want, you should strip out and you are actually giving people a better experience by doing this. So by changing the name from On Property Plus to On Property Listings and by stripping everything out and by focusing on the listings, well then I am giving people exactly what they want. And I am actually not having a membership site. It is going to be delivered directly to their inbox and so they are going to get emails with all the property listings in there. Now also, they might have access to the membership site if they want but I guess my goal is that very few people would ever log into the membership site. They will just receive it via email.

And so I am changing it. I guess stripping everything away and then what I am also doing is increasing the price. So currently it is $49.95 per month or $297 per year. And as you guys know, which we talked about yesterday, and I was doing the modeling; if I have it at $297 per year, I need – I think, over 400 people to reach $120,000. If I had it at $50 per month, I needed 200 people to hit $120,000. And so for me, I have decided to up my price and change the way that I am positioning it. So now rather than doing $49.95 per month, I am just doing $50 per month if you want a no-contract monthly subscription.

If you want to commit yearly and pay upfront, then that works out to $40 per month but it is a one-off payment. So rather than saying it is $480, I am saying it is $40 per month in a one-off payment built annually or paid annually. And so this is what a lot of different websites are doing; leadpages.net does this. i have seen a few others do this. A lot of them do this, wpcurve.com does this as well. So I am doing that.

And then I am also going to trial and offer a 2-year subscription where you pay upfront for 2 years and that is going to be worked out to $30 per month or will be $720. And so the price that I have at the moment is going to expire on Saturday, at $297 will no longer exist and the cheapest you can get it for will be $30 per month which is $360 per year, $720 for the 2 years. Yeah, so the price that exists now is going up. So that is the change that I am making with On Property Listings.

And another reason to strip it is that there are these people who want to see the listings and there are these people who want to train themselves. There are 2 different types of people. The people who want to see the listings are less likely to be the people who want to go through the training. And so by splitting them up I can then create another division of On Property which I am going to call On Property Courses, and that is just going to be training courses.

So there will be courses on how to find positive cash flow properties, how to research an area, how to save your deposit, how to increase the rent of your property, all these sort of stuff. That will be a lot like Udemy which is you go sequentially through this courses and that would be $100 each, just a set price of $100 unless I create a course that I do not think is worth $100. I might sell it for $50 or if I think there is a course that is worth more or more complex, I might sell it for $200 or something like that.

You can see from my pricing, I am actually changing away from $99, $297 to $50, $100. And the reason that I am doing that is it is just so much easier to talk about. The reason that I did that is originally with Property Tools. I set that at $5 per month or $50 per year. And I thought this might be a tool that people talk about and recommend. And when they recommend it someone says, Well how much does it cost? and they can say, It is just $5 per month. They do not have to say it is $4.95 per month. That just makes it harder for word to spread. And as well when people are buying it, $4.95, it is kind of arbitrary number.

I guess the goal is that you are not really thinking how much it costs but when you say $5, sure that is cheap. It is only $5. Again, I just think it just improves the process. So yeah, I am just moving away in a more straightforward, less sleazy tactics and more of ‘here is my business, here is what I am offering, take it or leave it, buy it as you need it.’ And hopefully with the launch of the courses and having multiple courses and having the listings that people will be able to sign up for multiple things and multiple purchases with me so they do not just have the one option and the one subscription.

And so that is the big move that I have made with On Property and On Property Plus and again I am making that move so that I can transition and by the end of this financial year, I want to be working just 25 hours per week but I still am aiming for that goal of $78,000 in revenue or I might just lower that goal to $74,999 in revenue. And by lowering the goal to that, that means I will not have to pay GST. I will not have to deal with that and I just need to manage my expenses so that I can make the $60,000 that I am aiming for this financial year in terms of net profit.

So yeah, I guess those are the big changes that I made with On Property. With the course that I pre-launched, that has gone really awesome. I have sold 16 out of 20 of those so I have made $800 in pre-launch revenue for that course which really justifies to me that this is a course that will sell, this is a course that people want.

The fact that 16 people are willing to pay for this course upfront without any other course being delivered and I was very clear in my video, You are going to receive this over 4 weeks, blah, blah, blah. That is pretty awesome, so excited to have that, 4 more spots. Hopefully I will fill them before, Friday was the goal. I guess I will send out an email tomorrow or something like that, try and fill those 4 spots but either way I am happy with 16 if that is all I get. $800 in revenue for a course that before I launch it I am getting paid $800 to make the course that I am going to sell. I am getting paid to make an asset that is going to generate me passive income. So that is pretty awesome and I am pretty excited about that.

So that is me for today. That is what I am working on, just working on creating the content for this course now. I am going to create 2 videos to send out on Friday and then also need to work on the sales video for On Property Listings and get all of that in order and fix up my email subscribers and all that sort of stuff. A lot of work to do but I am excited about moving forward, excited to be creating a business that I can begin to step away from and work less but actually deliver more to my customers. So I am excited about that.

So if you guys want to check out all the past episodes, you can go to ryanmclean.net and that is M-c-l-e-a-n for Mclean. I am Scottish so it is a weird spelling. So sorry, really I should be called Ryan Mclean because that makes more sense but it is Ryan Mclean. So go to ryanmclean.net if you want to see all the episodes over there.

And until next time, if you want instructions go and buy some furniture.


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#37 Product Modelling To Fast Track Your Business Plan Mon 17th Aug 2015

I learnt a technique from James Schramko on product modelling. It gave me HUGE insights into my business and is a great way to fast track a business plan.

Hey guys! Ryan here from Instructions Not Included and last week was a pretty hectic week. I do not think I even got around to recording one episode. Did I do one on Monday? I cannot remember. But basically I made a promise to myself that I would never go and backdate episodes and so I will never let a buildup of episodes happen because if that happened then Instructions Not Included becomes a chore.

It becomes an effort. So basically you guys get this, I am trying to do it each day when I am working but sometimes I just do not get around to doing it or sometimes I forget to do it. And so when that happens it just means you guys miss out.

So this one will probably be a bit of a longer episode where I talk about some of the things that happened last week and some of my plans moving forward which as you guys know change absolutely every week. That is part of running a business, a lifestyle business where you just make stuff up every single day like I am creating value basically out of nothing every single day. And so things change and my life changes and I have 3 kids and so things are constantly changing, constantly different and so I guess that is why I change things.

One of the big things that happened last week was, I was listening to a podcast, I think it was on Tuesday, by James Schramko. He is over at SuperFastBusiness.com. I think I spoke about him before because I really do admire his business and his work ethic like he works hard but he works super smart and he does not believe in the whole hustle, hustle, hustle game. You know Gary Vaynerchuck, who I also really like.

He just preaches hustle work in 16 hours a day, 20 hours a day and that is not me. And James Schramko just talks about running a business that has a high impact, that you enjoy but also go surfing every day. Live your life, spend times doing things and create systems so that you do not have to do it all yourself and hustle, hustle, hustle. But yeah, work hard but work smart. And so I really admire him and he was interviewing someone and I cannot even remember what they were talking about but he talked about this idea of what he called modeling.

This was where you basically take a business and you take the products that you are going to sell in that business. You put in the price of how much those products are going to be and then you basically work out how many of these items do I have to sell in order to achieve my goal, in order to achieve my goal income or in order for the business to be viable. And basically this is like a way to fast-track any business plan. It is just to say, Oh well I have a membership site, On Property Plus, or I have a course or whatever it may be. I am going to sell it for this much, how many do I need to sell in order for my business to be viable. And then you can begin to see that Okay, this is going to be really hard in order to achieve this or Yes, this is going to be viable. And so you might find that at the price point you are going at it is not just going to be viable for you.

So what I did was I did some modeling on Tuesday and I set the goal of $150,000 in revenue. The reason I set that goal was I thought I would like to be earning $100,000 a year. That would be nice. But in order for me to take home $100,000 a year, I probably need to be earning about $150,000 in revenue. And that was just base off last year where I earned about $60,000 in income or in revenue and then I had to pay about $20,000 in expenses so about a third of my revenue was expenses so I thought $150,000, a third of that is $50,000 in expenses. That would leave me with $100,000.

And so I started doing some modeling around this and I just did some modeling for all of my products and basically I said, How much of each product would I need to sell in order to reach $150,000? Actually I am going to adjust this spreadsheet that I have here as I talk to you guys. But let me just work out, so goal income we are going to put in $150,000, and then I am going to copy it. So basically I have put in all of my different products in here at $150,000.

So the first one is On Property Plus monthly membership and I have put in a frequency of 12 times per year – 12 months in a year. So basically assuming people stay on for 12 months or consistently replenishing people that have left, in order to reach $150,000 I would need to have 250 members. And currently I have 39 monthly members so massive job in order to do that and that has obviously freaked me out. On Property Plus annual membership which is about half the price of the monthly one, I would actually need 505 members to achieve that goal. And at the moment I have 90 so again a massive jump.

And then I looked at Property Tools and so currently that is selling for $5 per month. So at $5 per month I would need 2,500 members in order to achieve that and what have I got at the moment? Maybe like 60 or something, it is growing pretty quick actually. I am pretty impressed with how Property Tools has been doing. Let us have a look at monthly, annual and 5-year, so I have 55 members at the moment for Property Tools including monthly and annual. So monthly I have 28 and then annual, I have whatever is left. That is too confusing for me to try and work out. But yes, monthly I need 2,500 of yearly which is $50 so they just gain 2 months for free.

Then I need 3,000 members to achieve $150,000 which considering how niche I am, getting 3,000 members for a cash flow calculator, probably not going to be achievable.

EBook bundles, so this is the bundle that I am selling for $6.99. Those are my 3 eBooks. I would need to sell 21,459 eBook bundles which is just completely – yeah, that is never going to happen. And then courses which I plan on selling for $100 each, I would need to sell 1,500. And these numbers just absolutely freaked me out when I did it and I was like, Oh my God! I can never achieve this. This is just unachievable. Maybe On Property Plus over a few years but everything else is just ridiculous. Like 1,500 courses? Like 21,500 eBooks? Like 3,000 Property Tools members? That is not going to happen.

But then I got wise and I was like, Hold on. I am not modeling to make $150,000 per product. I am modeling to make $150,000 for the business. And then I was like, Okay, let us try and break this down and see what I would need to earn in order to achieve this. And so what I want to do is make $60,000 from On Property Plus monthly members, $60,000 from On Property Plus annual members. From Property Tools I want to make $12,000. From Property Tools annual I want to make $5,000. From the eBook bundles I want to make $2,500. And then from the courses I want to make $10,000. So now this is looking a bit more achievable but definitely not this year. B

ut On Property Plus monthly I need 100 members, annual I need 200 members and again I am at 40 and 90 so this is basically more than doubling that business. And that would form the bulk of my income so $120,000. Property Tools I would need a total of 300 members and that would make me $17,000. The eBook bundles I would need to sell basically 1 a day so about 350 to make $2,500. And then the courses, I would want to sell 100 courses at $100 to make $10,000. And that would bring me pretty close to $150,000. I think a little bit short of $150,000.

And so that was more achievable but still freaking me out. I am having a little bit of a mini, mini meltdown where I was just like I am not getting enough time to work and I was stressing out. And things are just hard and as well because I have been diverting my attention because I have had to recreate this training videos for my virtual assistant in order for me to be able to put a video file in Dropbox and then for it to go all the way through I would have to redo everything. So my week has been spent on that.

And then my son, we went to a specialist and then he had to go into surgery the next day on Thursday. So Thursday and Friday were wiped out taking care of him. And so I was doing like a couple hours on Sunday and I did 3 training videos for my virtual assistant. I got to the end of the third one and realized that the whole work flow was actually broken.

And so everything that I did, I took half my Sunday and then basically do nothing. I did have a little bit of a breakdown where I was like, Oh my God! I cannot do this. I do not get to work enough like I need to take care of my family but I do not feel like I can work enough in order to earn enough in order to achieve what I want to achieve. So I almost cried. I did not quite cry but I was pretty frustrated.

And then last night, just hanging out with my missus, with my wife and realized that last year I earned $60,000 or $40,000 profit. If I did that again this year, that would be fine. That would be okay like we would get by, we would have the same lifestyle we have now. We would not be able to buy a house but we have been talking and we do not really want to buy a house yet anyway just because of what our lifestyle goals are and things are and things like that. We do not really want to make that commitment right now. Maybe in the few years when it is really easy financially but to push for that is not something we really want to do.

And so to have that realization that if I earn $60,000 then that would be fine; that would be enough to get by. And then I thought well, let us push it a little bit and let us try and make $1,000 a month, so $52,000. And basically $52,000 divided by 66.66 times by 100, this is how much revenue I will need to make. So I need to make $78,000. So I made $60,000 last year and remember I launch On Property Plus in April of last year. And so I had a couple of months and we were at June until July. And so I am in a much better position now than I was before so even at this current state, with 39 sales of On Property Plus, 90 sales of the annual, and Property Tools, 55. All up, I am kind of on track to make like $53,000 in revenue anyway. So to push that to $78,000, which is what an extra $25,000 is probably not that hard.

That is probably quite achievable for me. And so when I had this realization I was like, Ryan, what are you doing? Why are you freaking out? Why are you melting down? Why are you pushing yourself so hard mentally to try and achieve this when you do not actually need to do it.

Alright, so $78,000 is what I am aiming for. I have not actually done the modeling for this and what we would need to achieve but I am just going to make up some numbers. So let us say 50 monthly On Property members. Let us say 100 of the annual members, that gives me my $60,000. Property Tools, let us say 50 monthly and 50 annual, they get us up to $65,000. I still would like to sell 100 courses at $100 which is an extra $10,000. That gets me the $75,000. And then eBook bundles, I think I am not going to sell 1 a day. Let us put 100 in there, sell 100 over the course of the year. So I need to adjust this, Property Tools, how many people are signing up for monthly versus annual, it is pretty similar.

So we have 55 at the moment, we launched in May. It has been June, July, August, it has been 3 months and we are at 55. So let us say another 3 months will be 50. So we could maybe hit 200 by the end of the year. So let us go into our modeling and let us just say 100 monthly and 100 annual and then we have 100 eBook bundles, 100 courses, that gets me to $81,369. So my goal would be 50 members to On Property Plus monthly, 100 to On Property Plus annual, Property tools would be 100 members for monthly and annual, eBook bundle would be 100 over the course of the year, and then courses would be 100 as well. And so that is probably pretty achievable.

When I was freaking out on Friday, I actually decided On Property Plus is not making as much money as I wanted. We need some more revenue straight on. We need to pull some stuff out of thin air. There are no instructions for this, let us just pull it out. And so what I did was I decided to launch a course and I had started work on How to Save Your Deposit but then I was looking at some other courses that I wanted to create. One was on How to Find Positive Cash Flow Properties, another one was How to Research an Area and I thought, the one on researching an area, I will probably launch that. But then I was looking at it and I was like, Okay, positive cash flow property I know people want this because they paid for it already with On Property Plus.

I have some training in there for On Property Plus that I wanted to redo so let us just redo it as a course. And so I set up the course, the outline, and it was like 8 episodes, 8 lessons. And so then what I did was I used canva.com, which is a cool tool to create graphics.

I created just some slides of what each would be about, of the 8 modules. And then I created like a Keynote with each of those slides. What I then did was I just recorded my screen like recorded the Keynote and just talked about: Hey guys! I am going to be launching this course but I am going to do a pre-launch sale. And what you are going to get is you are going to get 50% off. So it is only going to be $50, not $100. And you will also be going to get access to a private group where we can discuss this and I can get your feedback and we can improve the course based on your feedback.

And so I put this together on Friday because I was having my meltdown or freaking out; sent this out Friday afternoon to people, like I set up a sales page. I used Snappy Checkout to receive sales. I absolutely recommend snappycheckout.com if you need to receive sales. The guy Mike over there who runs it is absolutely awesome. And the fees are started small, it is ridiculous. So use Snappy Checkout to set that up. I am hoping to get him for an interview soon.

Anyway, I sent out an email to my list of On Property members or On Property email subscribers, which is about 10,000 people. I cannot believe I have actually grown to 10,000 people. Sent that out and then by the end of the afternoon or by the end of the night, I have done probably $350 to $400 in sales so 7 to 8 people. And then by this morning I had done 12 sales which is $600 and I think as I am recording this I just saw an email come through with another sale.

Let me just go ahead and double check that: You have received a payment for $50 for How to Find Positive Cash Flow Properties course. So there you have it, $650 at 13 members. And I have said I would accept a maximum of 20 which will give me $1,000 in revenue and would really prove that this is a course worth creating and I am getting paid upfront to create it so it is absolutely awesome. And the goal is to put this on the courses page which will then I guess create passive income and move me towards my goal of selling 100 courses over the year.

So each of these courses is half-priced so selling 12, that is equivalent to 6. So I need to sell like 10 a month in order to achieve my goal of 100. So I am pretty pumped about that, pretty excited to create this course. I think it is going to be really good content.

I am excited to trial this group in Slack, this private membership group because again this private membership group is going to be a way to get feedback but then also if people find this valuable this could be something that I could sell in the future, a private group of property people where you can ask property questions, you can get help on something that I could consider launching.

I am not really planning on doing it because as you guys know I like the stuff that is really passive. I created products, sell that over and over rather than subscription stuff where you have to keep doing stuff. I just do not like that for some reason. I want to create stuff and then be able to have my lifestyle without having to do this over and over and over. So yeah, I think that kind of wraps up last week and wraps up where I am at at the moment. Breakdown over.

We got our modeling so we have our targets set up now for On Property Plus, Property Tools, eBook bundles and the courses. And basically that is going to get us there. And then if these courses work well and are easy to create, well I could create some of these $100 courses for Public Speaking Power which is going to become OutSpoken.co. I could create one for PodcastFast as well.

These easy $100 courses I will just bam out 10 videos and there you have it, Bob ****. So maybe to get to 100 course sales, I want it to be through On Property only but I might also be through OutSpoken.co and also it might be through PodcastFast.

So yeah. Pretty exciting stuff. I have stopped freaking out which is really good and I guess now I just need to get to work on my course. One of the good things about when I created this sales video for the course was like, Here is the course. Here are the first 2 videos, they are going to be delivered on this date which is Friday of this week. The next 2 videos will be delivered the next Friday and I was really clear, 2 videos each Friday for the next 4 weeks.

I actually have 4 weeks to create this course and as you guys know I come from a history of making a video a day so to only have to do 2 videos each week to deliver this course and I am getting paid $650 upfront in order to do it or maybe $600 after you take my costs into account, that is pretty awesome. Pretty, pretty awesome. And then I am going to have a course that I can sell over and over again and that is going to be pretty exciting. So I am pumped. I am excited. I am very excited to do this. And that leaves me with where we are up to.

Just rambling now. I have a text from one of the guys in the Super Smash Brothers community so I am hoping to get out sometime this week and play some Smash Brothers although you guys know how I go with that if you care which you probably do not. But it is my podcast so I guess I could do what I want so bad luck. You just have to listen to me.

Alright. Another thing that I have been thinking about last week, I might just leave this until tomorrow because this is getting pretty long. But we are going to do it. We are going to get it done, smash it out of the way. Something that I was really looking into last week was actually investing in precious metals. Random. Ryan.. what?! Precious metals?! Going on a tangent here, what is going on. But yeah, I was listening to an audio book by Robert Kiyosaki, who was the Rich Dad Poor Dad guy. Let me just find out what the book was called. The book was called Second Chance by Robert Kiyosaki. Basically I love his stuff.

I love the way he thinks about money and he was just talking about currency and how the currencies that we have – the US currency, Australian currency, all these currencies they are actually fiat currencies, are actually backed by silver or gold or anything like that and so using gold and silver, buying these things can be a good way to retain your wealth and avoid inflation because obviously gold and silver have been used for thousands of years as currency. Precious metal is always going to have a level of desirability to it and then if these currencies go to zero then you still have wealth like intrinsic wealth.

Whereas if the US dollar goes to zero how much is a piece of paper with the US dollar printed on it going to be worth? Not much. But still that will be of value so I have been looking into that, looking into investing in silver. I have been doing some research into that which is cool. Apparently silver is pretty low at the moment but it has been going down for a number of years. It may go down some more. But yeah, the people that I was listening to that I resonated with were saying, When you start investing in silver or gold start small. Start small. get a couple of coins, a couple of ounces and then build it up slowly over time. Do not just go gungho into it. Learn a lot about it. Start small and then build up your portfolio or your stack, as they call, it over time.

So I have been looking into a few things here, speaking to my wife about it and she is like, Yeah, I am on board. I understand it. We talked about the currencies and all that sort of stuff. How it is fiat money and how inflation and it is kind of protection against inflation. And she was like, Well, we have a whole bunch of stuff in the garage we need to sell. You have a Nintendo 64 you need to sell. How about we sell that stuff and then we use that to invest in silver.

It is going to be heaps smaller to hold than a couch. Now that we have what we need to sell and then it is kind of like a way to invest that does not affect our money supply. And like we have a backup supply of money as well for lifestyle reasons and this would just be another way to have a backup money supply which you could then sell in the future and liquidate if you needed to.

Yeah so looking at investing in silver as I learn more about it I will let you guys know as I invest in silver I will let you guys know as well. But that could be pretty cool. Thank you guys. That is it. I am out for the day!

Until next time, if you want instructions go and buy some furniture.


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#36 What I Really Want From My Business Tues 11th Aug 2015

I had another mental breakthrough. I realised that I want my business to be more passive so I can do other things with my time.

Hey guys! Ryan here from Instructions Not Included and I had another kind of mental breakthrough which is pretty cool! I think the last episode I talked about setting my goal of improving my reach from where it is at the moment which is around 94,000 people in a month to reaching a million people a month. And something that kind of came out as I was talking to my wife and I was thinking about my business and talking to her about the fact that I am looking 3 years ahead and I do not see us needing to be more wealthy in order to be more happy.

And I was saying to her that what I really want is just to have more freedom of time and to not have the stress that I have right now, that if I stopped working on my business I am not going to earn enough money for us to survive. Because at the moment I feel like I need to work on my business every single day. I need to put in good hours in order to generate that income that I need to generate.

Like the last month in July, sales for On Property Plus were lower than usual, somewhere around the $2,000 to $3,000 mark instead of maybe $4,000 to $5,000 or even $6,000. And so I was a bit stressed about that. I am not stressed this month because I have a buffer but if that happens for another few months, well then I could be in a difficult situation.

So I really wanted to set up my business in such a way that I was never in that situation like I never want to put myself in a situation where money is running dry and I just need to pull something out of my ass in order to move forward and in order to support my family and survive. And so that was something that I really wanted to change in my business and I guess that is part of the motivation that I have had creating eBooks and the courses that I now am looking at creating – was the fact that these are not things that I need to create over and over again.

It is not a service that I need to provide. It is just something that is out there that sells on an ongoing basis and the eBooks have been selling a copy every single day mainly through my website. There hardly is any action on Kindle. But that makes sense because I do not know a lot of people in Australia who use Kindle. Amazon is not as big over here in Australia because we do not have Amazon.

We only have online Amazon so there are less people using Kindle than maybe there are in the US, I am not 100% sure. But I have been finding that people are finding my eBooks through my website. They must be just finding it through the main menu navigation on my website, just a little bit a link there that says eBooks because they are going through there and they are buying my eBooks. People are buying the bundle, $6.99 for that bundle.

They seem to be purchasing that the most and I just get notifications all the time of a new sale here, a new sale there and I worked out that if I just sell one of those bundles a day that is almost $3,000 in a year in revenue.

Yeah. I have the goal of a million people in a month that I want to reach. I also have the income goal of I want to be earning enough income every month where I do not have to stress about it. I really want to free up my time now so I can focus on other things in my life.

I want to start going surfing again. I want to start exercising. I want to have the freedom to spend more times with my kids and with my wife and not stress out about that. I would eventually like to build some sort of structure like a tiny house or a tiny office or something like that. And so now what I am working towards is yes to impact: more people – a million people but also to make my business more passive.

And so something that I am doing this week to make my business more passive is I am completely reworking every single training video that I have for my virtual assistant. And the goal here is to take me out of the process completely.

I want to be like James Schramko who is from SuperFast Business where he has a team. He creates a video, puts the file in Dropbox and then the next time he sees it is it is published on his website. So I want to have that. At the moment I am setting up the processes. Also we are editing the video and things like that. But once it is edited I will out it in Dropbox and the process will go all the way through from there, all the way through to that post being published on my website and going live.

So I am setting up different spreadsheets in order for my VA to manage the ordering of the transcriptions of those podcasts. I am also setting up spreadsheets to order thumbnails and something that I will be moving towards is getting a designer to create my thumbnails because I have been doing them all myself and if I work a full day I can probably create about 40 thumbnails or something like that. But I should really be spending my time on creating more content, creating more courses and things like that.

So I am setting it up so that eventually designer can take over those thumbnails and create images for my blogposts as well but at this point in time I will still be creating those thumbnails until I feel like I know how I can communicate with the designer and how I can hire a designer in a cost-effective way to get the look and the quality that I want.

So I am pretty excited. I have what I think is a 14-set process or a 15-set process that I am setting up at the moment. The very similar process that has been a few little tweaks, a couple integrations with Slack and Dropbox using software or service tools called Zappier which every time I upload an image or a video or whatever to Dropbox it then pushes a notification through to Slack and then my VA can take that and roll with it and do the full process.

So I have a 14-set process or maybe 15 steps. I have done 2 videos today, today is Tuesday. 2 videos today, hopefully I am going to smash out a few tomorrow. I would like to get this done by the end of the week, chances that happening is pretty slim, probably Monday or Tuesday next week that will get finished. But yeah, I am excited to have that process in place to be able to just put the file in Dropbox ad then it all happens after that. And that could potentially open up a new business opportunity where other people have videos and they want to get them published in the same way that I do could hire my service and get me to do it for them.

I am not planning on launching that but hey, I could in the future if I wanted to. So that is pretty exciting. And that process – me not having to do that, will free me up to spend more time on videos, creating courses which will move me  towards the reach that I want to achieve – the million people in a month, and will also move me towards my goal of not having to stress about how much I am making and just be financially secure in that.

So this has been interesting guys! Find me on my journey! I really appreciate everyone who listens and enjoys this.

Until next time, if you want instructions go and buy some furniture.


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#35 10Xing My Business Fri 7th Aug 2015

Today I set a goal to improve the reach of my business by 10 times. Incremental growth isn’t inspiring but 10X’ing something is exciting.

Hey guys! Ryan here from Instructions Not Included and today I set a goal to basically 10x my business or to improve the reach of my business by 10 times. I have been really inspired by businesses like Google and other businesses and books and audio books and podcasts. They talk about the benefits of having a goal to see a 10x improvement in what you do because when you are trying to get incremental growth, 10%, 20%, 30%, even double your business, you are just kind of doing the same things over and over again. But if you are trying to improve something and make it 10 times better, you really need to change your thinking and approach the problem in a completely new way.

And so as I was thinking about yesterday, filling a bit disoriented with my business, I was sitting down thinking Okay, what do I want for my life? What do I want my life to look like in maybe about 3 years? That is about as far ahead as I can really conceive at the moment. And I am thinking about how much do I want to earn and I kind of earn enough money at the moment and I am pretty happy with what I earn.

I would be pretty happy to still be earning that in 3 years’ time. And that is kind of somewhere around the $60,000 to $100,000 a year mark. Obviously, pushing beyond that and getting over $100,000 a year would be nice but in terms of me really seeking a goal and saying I want to be rich and I want to have this, I do not want that at all. I love tiny house living. If I could I would live in a tiny house which is like miniature houses they build on trailers that are 2 and a half meters wide by 6 or 7 meters. If I could and I did not have 3 kids, I would be living in a tiny house traveling around Australia or something like that right now.

So for me, looking forward, looking at my goal, money is not really the driving force. I make enough money. I can see that as I grow my business making more products, I am going to make more money. So it is not really a goal I need to stretch for there. But what I do when I do is have a bigger impact in people’s lives.

I want to be able to reach people and help people. And so I have decided that rather than focus on money, which I am already happy with, why do I not focus on the actual impact of my business and what I can do there. And so I was thinking maybe I will aim for like 100,000 visitors a month to my website because at the moment for On Property, I thought I was getting around 30,000 visitors. But then I looked at my 4 main websites which are On Property, Public Speaking Power – which is going to change the brand now to Outspoken.co, then we have Podcast Fast, and we have Instructions Not Included.

And I looked at combined how many people are reaching with that in terms of visitors to the website, views of the videos and downloads of the podcast, and overall it was reaching, I think it was about 94,000 people if we tally all that up in July. So my goal of 100,000 was kind of basically already achieved. So alright, let us set a big goal. Let us go ahead and 10x this and let us aim to impact about a million people a month through those 4 main websites.

So that is the goal that I have set for myself and I have started thinking about how can I achieve this goal? What things do I need to be doing differently? And one of the things that I need to be doing differently is offloading more to my virtual assistant. and I think I have talked a little bit about not having enough work for my virtual assistant and so one of the things that I am setting up at the moment, when I created a video and uploaded that video into Dropbox, I would then have to go into a Google spreadsheet and type the word ready into a whole bunch of different columns so that my VA would know what tasks are ready to be done. And so now I am setting it up so that there is integration with Dropbox and a messaging tool I use called Slack.

So every time I put the file into Dropbox, it automatically creates a message in Slack saying there is this new file that needs to be uploaded. So I am basically taking a step out of it. I am automating that step and then the VA is going to take that file from Slack and import the relevant stuff into the spreadsheet and then go ahead and upload those files. So basically I am trying more and more to take myself out of different things. Eventually I want to not do any design myself, so not design the thumbnails for the videos and stuff myself.

I would like to outsource that to someone who can do a really good job. I would also like to outsource the editing of the audio and the editing of the video as well but that is down the track. So basically I would really love to have my life be like James Schramko and what he does or what he used to do was basically he just created a video a day, put that video in Dropbox – just the raw file, and then someone would edit that for him and his whole team would go through the process. And the next time he would see that was when it was on the website. And so I guess that is the point that I am trying to get to, for me to be able to film a video on my iPhone or whatever device it is, put that raw video file into Dropbox and then in a couple of weeks or whatever it is, it spits out in the other end and is finished and published.

And so that is what I am trying to get to and is part of the way that I am thinking about 10x-ing my reach is by taking myself out of this back end processes and so then I can just focus on creating videos and creating content and I guess getting more creative with the content that I create.

And so that is my day. That is kind of my goal. I guess setting a goal for myself has made things more exciting and has made my work more enjoyable because now I have something challenging that I am going to try and reach for. Going from 100,000 visitors to 200,000 is probably pretty easy in a year just working it out or maybe 1 to 2 years. But going from 100,000 to a million, that is going to be tricky. I do not know how I am going to do it but I am excited to try, at the least.

Alright guys, that is it for me for this week. Small week, only working for 2 days this week because of sick kids but I have a little bit done and I have a bit of mental shift going on there. So hopefully we will have a productive week next week, working 5 days a week getting stuff done.

Until next time, if you need instructions go and buy some furniture.


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#34 Bummed On My Business Thurs 6th Aug 2015

Sickness hit our house hard this week and I’ve had some time off. I was bummed on my business at the start of the week and was a bit bored.
 
Hey guys! Ryan here from Instructions Not Included. Now I have not been updating in a couple of days because I have not actually worked in a couple of days. I have had 3 sick children, all with fevers and it has been absolutely hectic at our house. No one has been going to school or Kindie. Everyone has been home. I have been sick as well so I guess one of the benefits of having an online business is that I can take that time off and I do not have to tell a boss or anything like that.
 
And if you would like to answer, it is you guys because you are like, “Ryan, why was there not an episode? What the f man? I have been hanging out for it!” Actually no, if there is anyone listening or hanging out for the episodes because these have not gotten live yet. But I hope you guys are and I hope you are enjoying that.
 
So anyway, I had a few days off and now back into it. I was actually pretty bummed on my business at the start of the week, as you guys know. If you have been following, I totally go up and down about the business in terms of ideas as well about how I feel about business. And I guess the last little while I have just been again a bit bored with my business because it is not really challenging. I spent so many years.
 
I spent 7 or 8 years just trying to make this online business thing work, trying to make this viable, trying to make it generate a full-time income, trying to make this work for me. And it is just struggle, struggle, struggle, struggle and then finally now I am at the point where I am making decent revenue like last month I did almost 7 grand in revenue and I am paying for my way of life. I am paying for my family.
 
We have a bit of savings as well so if the income stops today, it would take us probably 6 months to completely run out of money and enter an oh-my-effing-whoa we just need to work something out. So it is good to have that buffer there and I guess I just have not been challenged that much and so that has been frustrating me because I know that my system works and all I need to do is put more into the system. So if I put more podcast episodes, if I create more products, if I make more email marketing campaigns and just do what I am doing,  do, do , do, then it is going to equal more money. More money.
 
I do not know but something about that is just a bit boring for me. More money, why am I bored about more money? I do not know. It is a bit stupid.
 
I am very grateful. I am super grateful for what I have but I guess my passion comes out of being challenged, wanting to learn things, wanting to do really difficult tasks, wanting to really grasp something that is difficult to understand and to make it work like the way that my brain works, it is like I do not understand something at all and then I study it, study it and study it and then all of a sudden, finally something clicks and I just see the whole picture and understand the full concept of something.
 
And so sometimes like I would listen to an audio book and I would have to listen to it 3 or 4 times and I get a little bit out of each one but I might listen to it the fourth time and then I am like, Oh my goodness! I get it now! Okay, that makes so much sense. And all the little bits that I learned, they are great by themselves but when I can tie the whole concept together and understand everything that is just when I become like a powerhouse, when I understand something.
 
And I think in the last 18 months or 2 years of working on my own as well as the 6 or 7 years that I did part-time or on the side was me really trying to understand how things work, how my business model works and all of a sudden they clicked and I understood it and then I grow bores.
 
So I guess I am just trying to stir things up a bit, trying to make things a bit more interesting. I am pretty passionate about the property industry and helping people in this industry and making this industry better because there are just so many people wanting to rip people off and one of the things that I am considering doing – I think I have talked about this before, is actually sharing my income, like my revenue and some of my expenses on my website, on onproperty.com.au.
 
I could share with you guys as well but I just feel like being transparent and being someone who is transparent about how much I earn will just open people’s eyes to the industry and will increase people’s expectations when they deal with other parties, like if they know how much I am making and they might want to know how much is that free property advisor who is actually making $40,000 in commission, how much are they actually making from me? And I feel like being transparent, even if I am not earning that much at this point in time -$7,000 revenue is nice but I think people will understand it is a business and a $7,000 revenue is only like $90,000 a year or something like that, that is nice but that is not massive.
 
But if it gets to the point where I am earning $20,000 or $40,000 or $50,000 or $100,000 a month to have that transparency there and to say Look, this is what I earn, and if you are not happy with what I earn, totally do not buy my products and just give people that transparency and if people are like, Hang on, you are earning $100,000 a month. Why are you charging this much? To give that transparency to people would be pretty interesting and there could be backlash from it for people.
 
The only way you make money is not through property, it is through teaching people about property.
 
Oh yeah, that is my situation. So I think I am going to do that. I think a lot of people will say to me Why are you doing that? Because I know a lot of people in the internet marketing space do it and people feel like they do it to show, Okay, they are teaching about internet marketing. How to make money online. It is their proof of how much money they make. But then there are these people, like Justin and Joe from EmpireFlippers.com, they put up their revenue reports but they are not teaching people how to make money online, they are brokering websites.
 
So they definitely do not need to do that but it is just interesting to look at their things, and because of them doing that I engage with them and I am going to do an interview with Justin and we are going to talk about monetization strategies of podcasting. The fact that they do that opens doors for them. The fact that they are so transparent in their business may make some people want to compete with them. But for most people like myself, it makes me trust them. It makes me really grateful to them.
 
It makes me want to work with them and help them in whatever way I can just because they have that transparency and that trust there and I just want to see them to be great people. You know, they did over a half million dollars in revenue last month and I am not sitting there and say, Whoa, why are they charging 15% in brokering fees? Like this is ridiculous, they are making too much money. I am like, Good on you! Go and smash it! Like you are offering so much value, good on you. So yeah, I guess I will give you guys feedback on how that goes.
 
I was speaking to Ben who is a buyer’s agent that I partner with and I was telling him about these plans because he pay me a referral fee and that was going to be in there and he was just like dude, I do not care. You are transparent about getting a referral fee from me. Anyway, so it is no big issue. He was like then you do not need to do it. And he was kind of encouraging me out of it because thinking there is no point. And I totally understand that. There is no point.
 
There is no reason but I feel in me, there is some point. There is some reason. And I just should do it and then after I do it I find the point is, what the reason is. And so that is kind of cool. I did an interview today for podcastfast.com, edited a bunch of things, did another video for On Property, and so I have done a bit today. And I have done pretty well.
 
I did terrible, for those of you who wanted an update of my super smash bros tournament because you who is listening to this is not passionate about Super Smash Bros may…, right? Okay. For those of you who do not care about this, you can tune off now because there is no more start up stuff for this episode. But in my Super Smash Bros tournament, totally annihilated. Lost every game, lost every set, did not win one game at all. I play as Peach, Princess Peach, she is the best. Lost completely. But then I played a bunch of friendlies, I bought a couple of those and I feel like I got so much better.
 
I am really excited to go to my next one which probably will not be for another 2 months or something like that. But that was really fun. I bought new CIT TV, like one of those TVs with a big backs because apparently you have to play on those because otherwise there is lag on the HD TVs between when you actually input your control and what actually happens on screen.
 
So you need a super old TV to go with my super old game cubes. I bought one of those and it will actually arrive in a couple of days so I can practice properly in a tournament-like scenario, and I  have met a few cool people as well, someone in Gold Coast, someone in Brisbane, who hopefully I can meet up with some nights and practice with them and get better. So stay updated for my next tournament in a couple of months because I do plan on winning not just some games bot some sets as well. So there is a lot of practice to go in until then.
 
All right guys! That is it for me today. Until next time, if you want instructions go and buy some furniture.


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#22 I Got Hacked! – Wed 15th July 2015

 

iniartworksmallIt is 11 o’clock at night and I am lying here in the dark, in bed and I realize I have not done a podcast episode for today so I thought I will just quickly do one.

Today was super annoying because a bunch of my websites got hacked. I tried to open up PodcastFast.com and there was this dancing minion on there saying, You’ve been hacked! by someone from Sri Lanka or something like that.
 
And I was like, Oh man! And the problem was these were a bunch of small sites and I did not have backups to some of these sites. So basically it took me the whole day just to restore these sites and to get them back up. It was just a nightmare.
 
What I have done is I have a service that I use called manageWP.com, which I use to keep my plugins up-to-date, to stop my getting hacked. But they have an additional service where you can automatically create backups for your websites. So I upgraded my account and it is going to cost me an extra $20 month but I get all regular backups on my sites.
 
So the easiest thing if your site gets hacked, if you have a backup of all the files and also the mySQL database  or whatever it is called, those 2 things are what you need. Just strip everything, you just re-upload your files. Re-upload your database, and then bam! Your site is good to go.
 
And obviously, change your password and stuff like that so people cannot get back in. And obviously, there is a vulnerability in something and in this case it was the theme that I had across these 4 or 5 sites.
 
They got hacked, obviously get rid of the things that are causing the hack to happen like where the vulnerability is. If you can work it out then do that. Here is my advice to you, if you have websites, do regular backups of those websites so just get all the files, zip them, download that and then the mySQL database as well. Make sure you work out how to store that. Do that every now and then. So for On Property, which I update on a very regular basis, I do daily backups of those.
 
Also I have weekly backups for some sites and then monthly for the ones that do not change much.
 
But ManageWP, great service and you can scale it up if you have a couple of websites. It is really cheap for a couple of bucks a month. I have 20 websites and I think I am paying $30 a month. ManageWP is cool because if you have 20 plugins across your websites, you hit 1 button and it updates all these plugins, keeps everything up-to-date which helps you to stop getting hacked, hopefully.
 
This is the second time that I have been hacked in 8 years and the good thing that I did, that I felt was good was that I divided up my sites to a bunch of different services and I have much more expensive hosting when they do backups for me and stuff for On Property, my money-making sites. And the sites that do not make much money there probably is a different shared hosting accounts where I pay $4 or $3.60 a month for each of those.
 
So it is not really expensive. But by spreading it out, you minimize your chance of getting multiple hacks across because often these guys will go into a server and attack all the sites on that server. And so by having my sites on multiple different servers, in this case I have 4 or 5 sites that went down all in one server but all my sites on another server like ryanmclean.net, where this podcast is hosted, that was fine; On Property was fine.
 
So that was my day, wasted fixing hacks that I do not think I could have avoided but I have backups. It would have taken me a couple of hours to fix and I would be back on my day doing something productive. But alas, you need to learn these lessons and hopefully you learn these lessons from me instead of learning them from your own experiences. Get backups so that you can restore your sites easily. And if you have a lot of different websites, spread them across different servers.
 
As you can see, this is Instructions Not Included. There are no instructions on when you get hacked. The people you host with, the customer services are always useless with this stuff. They never are going to help you.
 
They never are going to find out who hacked these sites. They are never going to have things for you. They are never going to help you get your sites set back up unless you are paying good money. Like for On Property, I am paying $100 a month for hosting for that or something. Maybe in that case but if you are paying $4 a month, you are never going to get any help. There are no instructions for this stuff. I really felt that today and I am learning as I go.
 
It is all part of the puzzle of being an online entrepreneur, working for yourself. This stuff happen, you just have to deal with it.
 
Until next time guys! If you want instructions, go and buy some furniture.


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#20 Thinking About 3-5 Year Goals – Mon 13th July 2015

iniartworksmallToday I want to talk about working towards what you want your business to be in 3-5 years time. What do you want your life to be like in 3-5 years time?

So, I just had a week off, which was great! So, if you notice that there was a gap between the last episode and this episode, that’s because I only really record when I’m doing work and I just record one a day. I’m not trying to push it to a daily thing or anything like that.

Today, I want to talk about working towards your business or whatever you want it to be in 3 or 5 years’ time. Something that me and my wife have been doing. We’ve been sitting down, talking about, okay, what do we want our live to look like in 3 years’ time?

Because I feel like I’m at the point in my business at the moment where I can go in a multitude of different directions. My business is self-sufficient, self-sustaining. Really, if I wanted to, I could walk away from my business, work a couple of hours a week, earn enough money to get by, not significant money but enough money to get by and I could do whatever I want with my life. But I love my business, I’m doing this because I enjoy it.

I want to keep working on it. So, me and my wife need to decide, okay, where do we want to be in 3 years? And what sort of business do I need to have in order for us to be there in 3 years’ time?
Because one of the thoughts that I had, my big vision for my business, which is an educational company, is to really start to give educational access to basically everyone.

Affordable education for access to everyone and education in such a way that people can learn as they want to and progress as they feel inclined. And then one of my big passions is, I got this big vision of the future where we can go into third-world countries and we can use the internet in order to deliver education over there and to create an economic sustainable model around education to just improve people’s lives.

So I’ve got this big vision of what I want to achieve but then I’ve also got a family, I’ve got 3 kids. And so I’ve got a vision of what I want to achieve in my family. One of the things that I was aiming and eyeing about is scaling up my business. If you listen to anything about startups, they talk about scaling up, getting venture funding, millions of dollars so that you can hire people and scale up. And so, really, my business, in order for me to scale, the biggest roadblock that I have at the moment and the biggest bottleneck is the fact that I create all the content.

So, I create the videos but then I have a team behind me who then take those videos and upload them and transcribe them and put them into blog post, etcetera. But I create all the videos. So if I wanted to scale, then I would really need to get people to come and work for me who can create content and create videos as well. Which would mean hiring people here in Australia and it would mean having a studio, having an office that people can come to, having a fixed location.

And we’re talking about, okay, what do we want our lives to look like in 3 years? And I think we came into the realisation that that wasn’t really what we wanted. We didn’t want me to be working excessive hours trying to manage a local team here in Australia.

We wanted the flexibility to continue to grow our income, maybe slower than we could if we scaled up but continue to grow it but then still have the flexibility for me to take time off work, for me to spend time with the kids, for me to leave my business almost completely if I wanted to. And so, we didn’t really know where we want to be in 3 years but we kind of know the feelings that we want to have and the lifestyle that we want to have.

We’re very inspired by tiny house living so we don’t want to go big house but we want to earn our own house and be able to do that and there’s some things we want to do.

And so, basically, I guess the decision that we’ve come to at the moment, and if you follow me, you know I change my mind every week so this could change. But, basically, just going to keep working as I’ve been working and I’m going to scale my business through the use of technology.

And because every video I create stays on Youtube and the podcast stays on iTunes and the blog post stays on my website, which gets indexed in Google, I can actually scale up and get more and more traffic and generate more and more income by doing work once and then it creates this passive traffic stream afterwards.

So, that’s really the direction we’re moving towards is just being able to scale up my business in terms of me being able to create more content, more products that I can sell and then I might scale up my backend team so that I can spend more time creating content and then the backend team can just spend more time working on that.

So, there’s still some things that I do on the backend so if I could pull myself out of that, and then my job would just be creating content, well then, I would have a lot of freedom in my business.

I could just create a video a day, spend 10 minutes and then I’d be done or I could spend the whole day and create a whole bunch of videos and a whole bunch of products and stuff like that. So, we’re moving towards scaling the business in such a way that the technology is doing the scaling, not people.

And then I’m not going to have any employees and I’m not going to have a fixed base here in Australia. So, I can work from home, I’ve got this dream of getting a camper van and turning that into an office so I can work from a camper van.

Basically, I want that freedom to work around and so that means no employees here in Australia.

So, that’s kind of where I’m at at the moment and just don’t have enough time in a day, I feel. I earn enough money so I’m okay. But there’s a lot of products I want to build, a lot of content I want to create and I just have to pick and choose which ones I do.

So that’s my biggest struggle at the moment, is picking, do I work on this PodcastFast ebook or do I create videos for OnProperty or do I create videos for TeachSpeaking and try and get a product out there? What do I spend time on? That’s probably my hardest thing at the moment.

So, I think, what I’m going to do today and for the rest of this week is try and finish that PodcastFast ebook, get the first draft done. And then find an editor who can go through that with a fine-toothed comb and just make sure that everything is good there.

So, that’s where I’m at. I hope that you’ve enjoyed this kind of inside look at my thinking towards how I want to grow my business. Because I really do believe that businesses tend to self-perpetuate once they get in a rhythm and once you start to earn money in a certain way. So you really need to be smart in the decisions you make in the early days because that will often define the way your business progresses in the future.

Alright guys, this is me signing off from Instructions Not Included. And as you know, if you want  instructions, go and buy some furniture.


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#17 My Income Goals – Thurs 2nd July 2015

iniartworksmallToday I wanted to talk about my income goals for the financial year. In terms of income my baseline goal is $60,000 but I have even bigger stretch goals.

Hi guys! Ryan here from Instructions Not Included. And today I want to talk about my income goals for the financial year. Yesterday was the very start of the financial year and I am not actually 100% sure how much I earned last financial year. But I do have some goals set for this coming year.

Now, in terms of income and profit, I have a baseline goal of $60,000 that I want to achieve and I think that is pretty easy to achieve for my business. I have a stretched goal of a $100,000 and I have what I am calling a super stretched goal of $120,000. But really, if I made over $104,000, that would mean that I made more than what I made when I was working for an employer. So that would be pretty exciting to be able to make that much.

How am I going to achieve this? Most of my income at the moment comes from my property website, On Property, where I teach people how to find positive cash flow propertiess in Australia. Basically I am going to continue to grow that by adding more and more content and just expanding that in terms of products.

I will be honing my products and making them better but it is unlikely that I am going to be creating significantly new products, maybe a couple of little ones here and there.

Then I have 2 other sites that I want to work on. I have Public Speaking Power which is actually changing to be called teachspeaking.com. I want to create a course for teachers to help them teach their students public speaking. So that is a product that I am looking to get out probably early in this financial year. And then later, maybe towards the end of the year, maybe next financial year, I really would like to launch a course for students that they could take to improve their public speaking skills.

So I have a few products that I want to put on there, some more content that I want to put on there to begin making money from Public Speaking Power. I would really like to diversify my income across different niches and also prove that the model that I have used in On Property, creating podcasts and transcriptions and products will actually work in Public Speaking Power as well.

Once that is achieved and Public Speaking Power is making decent money – it is making a little bit at the moment but not much, I would like to expand my other website which is podcastfast.com, launching an eBook in the next couple of weeks so that will be there taking along, making a tiny bit of money.

But if public speaking power is successful, I can prove that my model for making money through the way I do podcasting is successful well then I am keen to making a course in PodcastFast about how to set up a podcast, how to make money from your podcast and how to leverage your podcast like I have done with On Property and like I will have done with Public Speaking Power. So I will create a course over there on how you can do that and those are my plans for the year.

Things are going to change throughout the year, they never stay the same but I have my baseline income goal of $60,000. I have my stretched goal of $110,000 and my super stretch goal of $120,000 and I have a rough framework of how I think I can get there. I am just going to work towards that and everything I do is to generate passive income, semi-passive income. So after I create the content, it generates traffic over and over. After I create the products, it generates sales over and over. I do not have to do a lot of ongoing maintenance on these websites, on these products and stuff like that.

So that is what I am going to do. I will talk more about how I create products in a future episode but I just want to share my income goals in this episode.

So that is it for today. If you want instructions, go and buy some furniture.


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I’m Ranking #1 For My Target Keyword Phrase

8 months after I started a small niche site I have just secured the #1 spot for my target keyword. This keyword is searched over 1,000 times per month and I have been sitting in the #2 spot for over 1 month now.

Traffic is up from just a few visitors per day in January to almost 30 visitors per day in March so far.

February was a disappointing month. I had over 3 times the traffic as January but actually earned less income.

I have already earned more income in March than I did for February (or January) and we will see if the income continues to rise.

The site is still not as profitable as I would like it to be and I am hesitant to throw more work into it.

I will let it sit for another month or so to prove to me it is worth investing in and then I will go harder on improving the website, gaining more traffic and thus more income.


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