learn how i manage to get out of a $7k debt in just 5 days

by 293 comments
Sorry i had to delete this post.
I was getting too many pms everyday of people asking questions
Which were already explained on the thread.
It was getting a bit annoying.
#offline marketing #$7k #days #debt #learn #manage
  • Profile picture of the author henry Argueta
    Sorry once again same problem
    • Profile picture of the author sandalwood
      henry,

      Congratulations on taking action. Evidently you wrote the correct calling script as it got you in the door and you made money. Now, the question becomes, what are you gonna do next week?

      Answer: More of the same only this time, I am upping the ante price wise and offering another valuable service to keep them in my accounts receivable funnel.

      Yep, you can offer them another service at a higher price and they will buy from you cuz they already like and trust you.

      Hope you make a bundle.

      Tom
  • Profile picture of the author laurencewins
    Well done. You have kept it simple and to the point.
    Yes, there may be things you can do to alter your script. BUT if it works, why not keep doing it that way for now at least?

    You could perhaps increase the fee to $30 or $40 maximum as a gift...and offer even more value on the back end. The trick, which you have already seemed to master, is to get your foot in the door.

    Is your business only applicable to restaurants? Maybe there are other businesses you could also help. Maybe focus on one business a month and get it going?

    I am sure others will offer different advice so take it all and then make your own decisions.

    Good luck. You are doing great.
    • Profile picture of the author henry Argueta
      no i could help anyone, at first i thought i would start calling contruction type companies, then i could have just upsell them on SEO for the video itself and of course charge way more than $397 but for some reason i started to call restaurants and it went well so i just stayed in that niche.
      as far as increasing the $25 i might give it a try, but i am comfortable with that at the moment so i guess for now, i will stick with $25.



      Originally Posted by laurencewins View Post

      Well done. You have kept it simple and to the point.
      Yes, there may be things you can do to alter your script. BUT if it works, why not keep doing it that way for now at least?

      You could perhaps increase the fee to $30 or $40 maximum as a gift...and offer even more value on the back end. The trick, which you have already seemed to master, is to get your foot in the door.

      Is your business only applicable to restaurants? Maybe there are other businesses you could also help. Maybe focus on one business a month and get it going?

      I am sure others will offer different advice so take it all and then make your own decisions.

      Good luck. You are doing great.
  • Profile picture of the author IMguy123
    Originally Posted by henry Argueta View Post

    hello everyone, I am sort of new to the forum, but i have been gone for over 1 month from it.
    I manage to get myself in a 7k debt which i will probably start another thread later explaining how.
    anyways I just want to share my success with everyone

    i don't really like to write so i will just get straight to the point on how i did it.

    well the answer was cold calling.
    i had already tried cold calling for about a week, but i really suck lol. so i had quit for about a month or even longer.

    so i had to come up with something that would make it easy for me to get some sales and some money coming in my way.

    i knew that cold calling was my only way out, since i have no car and i can reach more people with my offer this way.

    so what i did is i started to call restaurants, and i was offering to do a video of their business for only $25..

    yes i know $25 dollars isn't much money. but i thought to myself, if i can't make a $25 sale then i shouldn't be in business for myself.

    well guess what. i called for a week. and i close 75 businesses during that time.
    that was on avg 15 per day.

    once created the video, every business owner was really happy, and since it was only $25 why shouldn't they had been happy right.
    well i could tell they liked me, so i had already gained their trust.

    so what i did next was to upsell them on SMS, i let them know how it could benefit them and blah blah. well it turned out i closed. 12 so far, and i haven't gotten to talk to everyone yet.

    at first it sounded like $25 wasn't going to bring much to the table
    but do the math
    25x75 = $1875
    12x397= $4,764
    thats a total of $6,639 in one week.

    well yeah i almost made $7k i know i am not completely out of debt yet. but it sure feels like i don't owe any money

    besides I will be charging $250 residual for every business that i signed up on SMS so i have some money coming next month

    now i just have to get better at up selling this businesses.
    and continue to repeat the same process day after day.
    Sounds good.
    I am interested in how you put these videos together. Can you show us one?

    Also, were these phone closes?
    • Profile picture of the author henry Argueta
      well it seems like not many people like to show their clients. im not sure if its because people on the forum start calling them, or idk. so i think i will play it safe and do the same.
      but its super easy. i just did photo story type of videos. all you need is to ask the business to send you some pics of the business, like logo, outside of business, some work they've done and so on.

      and yes they were phone closes.
      i started to get better results when i offer to create the video first.
      and if they didn't like it then they didn't have to pay.
      yes i guessed i run the risk of them not liking it. but the videos would come out
      really nice. so i wasn't worrying about it.

      and in any case someone would come out to not like the video well it didn't
      take much of my time. since it only takes me about 10 minutes to create the video. sometimes even less

      Originally Posted by IMguy123 View Post

      Sounds good.
      I am interested in how you put these videos together. Can you show us one?

      Also, were these phone closes?
    • Profile picture of the author svaningen
      Originally Posted by IMguy123 View Post

      Sounds good.
      I am interested in how you put these videos together. Can you show us one?

      Also, were these phone closes?
      I am also interested in seeing this videos, I'm still quite new to this IM thing !
  • Profile picture of the author Aaron Doud
    Do you have an example video?
    • Profile picture of the author henry Argueta
      Originally Posted by Aaron Doud View Post

      Do you have an example video?
      i answered the question above.
      but i use animoto they make it really simple to create the videos, very self explanatory as well. yes i know it cost money. but i didn't hesitate to buy since i seen that it was helping me bring in sales.
  • Profile picture of the author wally247
    Great job! I would like to see the videos too, but I understand why you don't want to share them.


    Let me ask you though. Were you trying to "get past" the gatekeeper, or were you just doing your script to whomever answered?


    Well either way, great job!
    • Profile picture of the author henry Argueta
      i was trying to get past the gatekeepers. i wouldn't do me any good if i pitched the gatekeeper.
      all i did was tell them that i had a very important question, and only the manager could help me.
      of course i was told a lot that the manager was not available

      Originally Posted by wally247 View Post

      Great job! I would like to see the videos too, but I understand why you don't want to share them.


      Let me ask you though. Were you trying to "get past" the gatekeeper, or were you just doing your script to whomever answered?


      Well either way, great job!
  • Profile picture of the author GobBluthJD
    Classic upsell technique Way to go!

    Many people overthink it the first time they are cold-calling or cold-approaching a business. You don't need to think of the end game SEO-package of $500/month or whatever you want to sell them. Start small. Offer a $25 seo report/competition analysis/website analysis/mobile site/whatever you think that business needs.

    The key part is getting your foot in the door, building the client relationship, and earning their trust.

    From there, you're golden.
    • Profile picture of the author henry Argueta
      i mean if you think about it. even if i never did an upsell and i only sold 5-10 videos per day. thats an easy $125-250 per day. that's enough money to bring food to the table. and you could do it part time.
      but then again, practice upselling and then you will be bringing in cash like you never thought it possible.

      Originally Posted by GobBluthJD View Post

      Classic upsell technique Way to go!

      Many people overthink it the first time they are cold-calling or cold-approaching a business. You don't need to think of the end game SEO-package of $500/month or whatever you want to sell them. Start small. Offer a $25 seo report/competition analysis/website analysis/mobile site/whatever you think that business needs.

      The key part is getting your foot in the door, building the client relationship, and earning their trust.

      From there, you're golden.
  • Profile picture of the author 9999
    They Provide you with the Photos, you create a Animoto slideshow then how do you deliver the final product (USB, DVD, YouTube, ect..)?
    • Profile picture of the author edman78
      Sounds good!

      How did you accept payment for the videos and did you get it upfront before you started?
    • Profile picture of the author henry Argueta
      Originally Posted by 9999 View Post

      They Provide you with the Photos, you create a Animoto slideshow then how do you deliver the final product (USB, DVD, YouTube, ect..)?
      that's exactly correct my friend
    • Profile picture of the author biz2mob
      Originally Posted by 9999 View Post

      They Provide you with the Photos, you create a Animoto slideshow then how do you deliver the final product (USB, DVD, YouTube, ect..)?
      Hey, Henry, I would like to know the answer to this as well. Congratulations btw...I've been planning on implementing Free video creation to help increase our show up percentage on our web meetings.
  • Profile picture of the author Kalednet
    Please look in the mirror, and say THANKS. Well done. Congratulations.

    Thank you
    • Profile picture of the author kirbymarketingconcierge
      Originally Posted by Kalednet View Post

      Please look in the mirror, and say THANKS. Well done. Congratulations.

      Thank you
      Yes. thank you

      rather that create a wso, you gave freely.

      newbies Can Do This!
  • Profile picture of the author johny53
    Very inspiring!
  • Profile picture of the author David B.
    Another good upsell is rank the videos first page of Google.
    • Profile picture of the author henry Argueta
      Originally Posted by David B. View Post

      Another good upsell is rank the videos first page of Google.
      i don't see how it will benefit the business. i understand it would benefit a roofer company, or a dentist. but i wouldn't feel comfortable charging a restaurant 300 to keep the video on first page.
      i will do it maybe next week but when i target those other businesses.
  • Profile picture of the author kcom
    A video on the first page would be a tremendous asset to a restaurant. Think about it, you are searching for a restaurant in your city, you see Google search results full of descriptions of web sites and one sole video, which show pictures of food, the inside of the restaurant, and more, this restaurant will get a ton more visitors from that video.
    • Profile picture of the author payoman
      Have you shot any of these videos yet?

      Unless I am missing something, each video would take at least 3-4 hours of work between travelling to the business, shooting the video, previewing video with client, travelling home, editing the video, rendering the video and uploading the video.

      That's....like $6.25 per hour. With travel costs.

      Am I missing something?
    • Profile picture of the author henry Argueta
      well yeah, but then again i wouldn't be able to charge the same amount i would if i got a video on the first page of google for a roofer, dentist and such.
      at least that is my thought.


      Originally Posted by kcom View Post

      A video on the first page would be a tremendous asset to a restaurant. Think about it, you are searching for a restaurant in your city, you see Google search results full of descriptions of web sites and one sole video, which show pictures of food, the inside of the restaurant, and more, this restaurant will get a ton more visitors from that video.
    • Profile picture of the author smallbusinesstoolkit
      Thanks , very inspiring post

      Did you buy a digital camera as well to make videos onsite ?
  • Profile picture of the author SShip
    First, CONGRATULATIONS!!

    Second, you should be very proud of yourself. Look what you did in a week, wow.

    Also, look what you just did here. You shared this simple concept and completely simplified it for others to follow basically without many questions left to be answered.

    Again, congratulations, great job and keep up the good work.
  • Profile picture of the author tftom
    Did any of the businesses ask you why they need a video? I am just curious how many really understood the value of video.

    Job well done.
    • Profile picture of the author henry Argueta
      Originally Posted by tftom View Post

      Did any of the businesses ask you why they need a video? I am just curious how many really understood the value of video.

      Job well done.
      of course a lot of them asked.
      i am not trying to be mean, but if you yourself can't figure out the value of having a video. then i really don't know what to say.
      to me its just common sense so it was easy to explain the benefits.

      the whole reason why i decided to sell the videos for only $25 dollars was just that i wouldn't have a hard time selling it to them.
      and if someone seem like they were on the fence then i just would create the video for them and collect the payment later.
  • Profile picture of the author sdentrepreneur
    Great story, I just don't think I could cold call anyone. Got 50% of my clients from search marketing (they find me from PPC or Organic Rankings) or I attend business mixers and meet decision makers and build a relationship.
  • Profile picture of the author Vikuna2009+
    Originally Posted by henry Argueta View Post

    hello everyone, I am sort of new to the forum, but i have been gone for over 1 month from it.
    I manage to get myself in a 7k debt which i will probably start another thread later explaining how.
    anyways I just want to share my success with everyone

    i don't really like to write so i will just get straight to the point on how i did it.

    well the answer was cold calling.
    i had already tried cold calling for about a week, but i really suck lol. so i had quit for about a month or even longer.

    so i had to come up with something that would make it easy for me to get some sales and some money coming in my way.

    i knew that cold calling was my only way out, since i have no car and i can reach more people with my offer this way.

    so what i did is i started to call restaurants, and i was offering to do a video of their business for only $25..

    yes i know $25 dollars isn't much money. but i thought to myself, if i can't make a $25 sale then i shouldn't be in business for myself.

    well guess what. i called for a week. and i close 75 businesses during that time.
    that was on avg 15 per day.

    once created the video, every business owner was really happy, and since it was only $25 why shouldn't they had been happy right.
    well i could tell they liked me, so i had already gained their trust.

    so what i did next was to upsell them on SMS, i let them know how it could benefit them and blah blah. well it turned out i closed. 12 so far, and i haven't gotten to talk to everyone yet.

    at first it sounded like $25 wasn't going to bring much to the table
    but do the math
    25x75 = $1875
    12x397= $4,764

    thats a total of $6,639 in one week.

    well yeah i almost made $7k i know i am not completely out of debt yet. but it sure feels like i don't owe any money

    besides I will be charging $250 residual for every business that i signed up on SMS so i have some money coming next month

    now i just have to get better at up selling this businesses.
    and continue to repeat the same process day after day.
    Great job and VERY inspiring! So, if I understand it correctly, you sold 75 slideshow type videos made with Animoto in a week and out of those 75, 12 went for your SMS service with a montly residual to you?

    I thought Animoto was expensive, what plan did you sign up for?

    Finally, which SMS provider do you recommend and what is included in the monthly plan?

    Thank you in advance, Eva
    • Profile picture of the author pinkgink
      Way to Go!!
      I would like to know how many owners/managers you had to talk to in order to get the 75 sales.
      Thanks for sharing!
    • Profile picture of the author henry Argueta
      your are correct
      yeah i guess animoto is expensive, but i didn't put any money out of my pocket.
      i sold some videos and then i signed up to the pro version.
      i can't recommend any SMS provider since i only have used 1. which is text180
      i just gave them 2,000 messages. i know very basic. but i am not an expert at sms.
      so far i just gave the short number and keyword so they can start to grow their list.


      Originally Posted by Vikuna2009+ View Post

      Great job and VERY inspiring! So, if I understand it correctly, you sold 75 slideshow type videos made with Animoto in a week and out of those 75, 12 went for your SMS service with a montly residual to you?

      I thought Animoto was expensive, what plan did you sign up for?

      Finally, which SMS provider do you recommend and what is included in the monthly plan?

      Thank you in advance, Eva
  • Profile picture of the author AussieT
    I have a couple of questions also Henry


    1. Did you upload the videos for them to YouTube or their website or did you just present them with the file.

    2. If you did not upload the videos for them. Did you offer to for an additional charge? If so how much?

    3. What plan did you use at with Animoto? Did the plan cover commmercial use?
    • Profile picture of the author henry Argueta
      1 if they wanted me to upload it for them to youtube i did. otherwise i would just the video to them on an attachment on an email.
      2. answered on number 1
      3. at first i was using the pro until i realized i was breaking the rules. so i had to upgrade to the reseller account which yes it was $500 but i had already over 2k in sales by that time so i didn't hurt.
      but im sure there are way cheaper softwares out there to create video. i can recommend any because i havent used.

      i am not sure if the simple video pro can be used for that. i didn't read the whole sales letter. but all you have to do is some research and im sure you will find cheaper software.
      Originally Posted by AussieT View Post

      I have a couple of questions also Henry


      1. Did you upload the videos for them to YouTube or their website or did you just present them with the file.

      2. If you did not upload the videos for them. Did you offer to for an additional charge? If so how much?

      3. What plan did you use at with Animoto? Did the plan cover commmercial use?
  • Profile picture of the author rajat2k2k
    Wow amazing!!! Congratulations!!
  • Profile picture of the author yonaswedo
    Henry, It's so inspiring.
    If you skilled with video editing software such as Adobe After Effect, you can buy a video template. There are a ton of awesome video template so you can produce advance work only in minute.
    You also can outsource your work only $5 in fiverr. Don't know if it worth.
    • Profile picture of the author Vikuna2009+
      The advantage of using Animoto, even though expensive, is that is drop dead super simple but the biggest one is that there is music. Buying a software somewhere else, or using free version is fine but you still have to deal with finding music and for that, I say go for Animoto.

      One software that I personally been on the brink of buying is ProShow Gold - Fast and Fun HD Slideshows - Photodex. For a meager $69.95 you get a great software and they even have a free 30 day trial but its branded (no affiliation).

      One snag I can see with trying to make so many videos in a week is the delivery of the pictures to you. Henry, did you require them to email you the pictures the same day and how many pictures would you say is good enough to make the slideshow?

      Thanks, Eva
    • Profile picture of the author wagsgraphx
      Henry, Thank you for sharing all this with us. It is inspirational. I really appreciate you posting the video. One question what was this amount for?
      12x397= $4,764, is that a monthly or yearly charge for SMS? Or is that for a block of SMS with no time limit?
    • Profile picture of the author walkin
      This is very nice trick. how do you get their emails? i have lot face book fans and tell me how to use them for them for this offer.
  • Profile picture of the author KabirC
    An extra $5k wouldn't hurt so I just messaged all of my Restaurant, Real Estate and Dentist connections with a special offer along with a sample video.

    Edit: Already got a sale!
    • Profile picture of the author henry Argueta
      Originally Posted by KabirC View Post

      An extra $5k wouldn't hurt so I just messaged all of my Restaurant, Real Estate and Dentist connections with a special offer along with a sample video.

      Edit: Already got a sale!
      lol thank you mr sarcastic but learn how to read i wrote $50 no $5,000
  • Profile picture of the author Amsterdam81
    Inspiring work!! very nice! leads are what we need

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