"I Make $600 a Month. How Do I Get to $20K?"

0:00I'm 24 years old earning $600 a month as a licensed engineer in Philippines. Okay, cool. I'm responsible with money. Great. I save and invest 70% of my income. Badass. That's also insane by the way. Saving for So, you're living on $180 a month in the Philippines. That is That is That is next level. That is That is impressive. That is Dude, you're taking You're taking Mosey meals and Mosey mobile and living cheap to an entirely You are You are S-tier on cheap living. You are god mode. So, kudos to you.

0:32I want to earn north of $20,000 a month within 3 to 5 years, no matter how. Okay, great. Put Put yourself in my situation Take into consideration the position of the Filipino accent, etc. What would you do to get there? Okay. This is awesome. So, number one is you have to gain access to US markets. Number two, the accent doesn't matter as much if you're good. Basically, the better you are, the less the accent matters. The worse you are, the the more it matters. Okay? Because it is a small, but somewhat material, you know, factor.

0:57It's It really just comes down to trust. Um Are people going to trust somebody who's foreign as much as they're going to trust somebody who's who's, call it, English or native speaking? No. But, it doesn't mean they're not going to trust you. It just means you're you're you're at a slight disadvantage. Um But, let me let me paint it to you differently. Is there somebody who's in the US who can then move to the Philippines and then make money? The answer is yes. Which means that there's nothing that really fundamentally separates you from that person besides your accent and the way you look. Now, there Are there any Filipinos who are American-born who were in the US, started making money online, and then moved to the Philippines? Well, then that means that they look exactly the same as you. And they have access to the same internet as you. And they also have access to the same customers. So, the only difference is between you and them is your accent.

1:40And so, when you say take into consideration the fact that you're Filipino, I will fully take it into consideration, which is that I do not think it matters that much. I think being good is what matters. And so, I think what you need to do is find a problem that is very valuable for somebody else to solve. Now, you are a licensed engineer. So, is there a way I mean, moving locations is the obvious thing because I'll tell you this, in the US um I guess it depends on what kind of engineer you are. Uh but if you're like an electrical engineer, my god, you can print money here.

2:09Um but uh if you can't do that, then I I think you you need to in some way remove the licensed engineer from your your box of tools that you have available to Let me Let me give you an example of what I mean. I did this um thing with Stephen Bartlett who you just mentioned earlier where he asked He said, "Hey, open up this uh suitcase and it had a number between $1,000 I think a uh $100,000." And based on the amount of money in the box, uh how much basically what business would you start? And it's a trick question because if you have $1,000 or $10,000, neither of those amounts of money really change what business you're going to start because you're just going to sell something that doesn't cost money to start, which is going to be skills and services. And so, the fact So, my point here is that your licensed engineer component is like that $1,000.

2:55It's this thing that is something that you spent time on, but is also not relevant. What we need to do is you need to learn a a marketable skill, which you either can go B2B, which is finding ways to make businesses more money, which is typically how do I help them market or how do I help them sell or how do I help them deliver in a way that is better, faster, cheaper. On the consumer side, anything that a consumer wants. Now, is there anything that stops you from uh recruiting influencers to promote a product that you like that you can drop ship from somewhere else in the United States and have them promote it for free and they can get a cut. Is there anything that prevents you from doing that? No, there's not. And is it the way that you want to build a business that's going to be millions and millions? No.

3:37Can you make 20 grand a month? Absolutely. And so, my point is that I think that in some ways you've given yourself constrained thinking and in so doing preventing yourself from seeing the zillions of opportunities that exist because you have access to the internet. It was the same thing I had a guy who asked me um he had a cafe in the middle of nowhere. In a 120 person town that he had a cafe and he was trying to scale it and he was like well how do I scale this cafe? And I was like dude the answer is you don't. You use this thing called the internet which is what you're talking to me on right now.

4:04And through that internet you gain access to the entire world. So the world is global. I would stop seeing the fact that you are Filipino or that you have an accent as a a disadvantage. Not because it isn't but because it doesn't serve you. But yes, sell some stuff online. If you're business owner and you are not growing as fast as you'd like, I'd like to give you a free gift. So my team and I put together the 100 million dollar scaling road map which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through and more importantly where they got stuck and how they got past it. And so we broke it in these 10 stages and we made this little kind of quiz thing where if you put in your business information it'll tell you where you're at and the most important part for you what to do for each of functions the business across product, marketing, sales, customer success, recruiting, IT, human resources and finance. And so no matter what you're struggling with someone else has already struggled with it and solved it. And so I'd like to give you this thing absolutely free you can go to acquisition.com/roadmap plug in your business information and if you want us to actually help you deconstruct the business and you're trying to scale we'd love to help you out. On the thank you page you can book a call with my team and we will look at the business, see if we can help and if we can we'll invite you out to Vegas and we'll do this in person live.