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What People DON'T KNOW About Hayden Bowles

Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders

What People DON'T KNOW About Hayden Bowles

What People DON'T KNOW About Hayden Bowles

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00:00:07 00:00:13 alright guys welcome back to another
00:00:10 00:00:14 episode of 7 and 7 today I've got a
00:00:13 00:00:16 special guest with us you probably
00:00:14 00:00:18 already know who it is it's a Hayden
00:00:16 00:00:20 Bowles here dude thank you so much for
00:00:18 00:00:22 for jumping on here but before we get
00:00:20 00:00:24 going and getting into these questions
00:00:22 00:00:26 right away I just love to give you you
00:00:24 00:00:28 know a minute or two to kind of just
00:00:26 00:00:30 introduce yourself to those that don't
00:00:28 00:00:31 know who you are and kind of give them a
00:00:30 00:00:32 little bit about your backstory and kind
00:00:31 00:00:34 of what you're doing them
00:00:32 00:00:35 yeah for sure first of all thanks for
00:00:34 00:00:38 having me on glad we could find the time
00:00:35 00:00:40 that works so a little bit about myself
00:00:38 00:00:42 I have always been interested in just
00:00:40 00:00:44 like the topic of money so for me you
00:00:42 00:00:46 know I remember like getting paid in $1
00:00:44 00:00:48 bills to mow the front part of my lawn
00:00:46 00:00:50 it really gets to know the backyard so
00:00:48 00:00:53 making my first 10 bucks would save it
00:00:50 00:00:55 up got twenty thirty forty dollars and I
00:00:53 00:00:57 realizes well when you have money you
00:00:55 00:00:59 can get things you want okay to a degree
00:00:57 00:01:01 not everything but you know if I had
00:00:59 00:01:02 money it means when I'm at the snowboard
00:01:01 00:01:04 Hill I could get food I could buy that
00:01:02 00:01:06 new toy I could get this in that so
00:01:04 00:01:08 started to kind of realize okay this is
00:01:06 00:01:10 of importance so back when I was about
00:01:08 00:01:12 12 I started trading stok to kind of
00:01:10 00:01:14 get into that space yeah kind of putting
00:01:12 00:01:15 all my money into that and never really
00:01:14 00:01:17 made anything but you know fast forward
00:01:15 00:01:18 got into all the social media stuff
00:01:17 00:01:20 actually grew some pretty decent size
00:01:18 00:01:23 Instagram pages that catapulted me into
00:01:20 00:01:26 selling shout out space and as an
00:01:23 00:01:27 influencer for small ecommerce stores so
00:01:26 00:01:29 I kind of realized wait why can't I
00:01:27 00:01:30 build the e-commerce to store as well
00:01:29 00:01:32 you know there's a reason they're paying
00:01:30 00:01:34 you either making a profit so got into
00:01:32 00:01:36 that and you know three four years in
00:01:34 00:01:37 about three and a half years now been
00:01:36 00:01:39 doing e-commerce and had some really
00:01:37 00:01:41 really consistent stores some brands
00:01:39 00:01:43 running and obviously little trends and
00:01:41 00:01:45 holidays stores in the meantime so been
00:01:43 00:01:47 able to do that build one of the biggest
00:01:45 00:01:48 e-commerce YouTube channels which is
00:01:47 00:01:50 awesome and meet a lot of really cool
00:01:48 00:01:52 people in the space yeah for sure guys
00:01:50 00:01:54 that now definitely go check him out odd
00:01:52 00:01:56 just type in Hayden Bowles and inside
00:01:54 00:01:59 YouTube you'll find his you'll find his
00:01:56 00:02:01 channel but let's get right into into
00:01:59 00:02:04 the into the questions so the first one
00:02:01 00:02:06 dude what is one book that has had the
00:02:04 00:02:08 greatest impact on your business or your
00:02:06 00:02:11 life or your mindset
00:02:08 00:02:12 and why great question so I actually
00:02:11 00:02:14 thought about this one when he sent it
00:02:12 00:02:16 to me for a quick minute because I was
00:02:14 00:02:18 like personally I'm not the biggest
00:02:16 00:02:20 reader because for me it's not the best
00:02:18 00:02:23 way that I consume content I'm very
00:02:20 00:02:25 hands-on or visual or audio so reading
00:02:23 00:02:27 for me you know I'm a DB ADHD OCD
00:02:25 00:02:29 everything so it's hard for me to sit
00:02:27 00:02:31 down and focus on a book but one of the
00:02:29 00:02:33 most valuable books that I've read not
00:02:31 00:02:35 because of the direct value inside of it
00:02:33 00:02:37 but just because of the act of actually
00:02:35 00:02:39 finishing the book I read Robert
00:02:37 00:02:42 Kiyosaki's book when I was about 14
00:02:39 00:02:44 maybe 15 the Rich Dad Poor Dad the
00:02:42 00:02:46 original classic and it was the first
00:02:44 00:02:48 book up to that point in my life that I
00:02:46 00:02:50 had ever read covered a cup so I read
00:02:48 00:02:51 every single word of this book and again
00:02:50 00:02:53 it was more City active actually
00:02:51 00:02:55 completing it that really helped me out
00:02:53 00:02:57 and having that consistency that
00:02:55 00:02:58 determination and you know it's kind of
00:02:57 00:03:00 interesting because at that point the
00:02:58 00:03:01 only books I had read were assigned to
00:03:00 00:03:03 me in school and I never liked them
00:03:01 00:03:03 there was a little bit interesting I'm
00:03:03 00:03:05 like wait a minute
00:03:03 00:03:06 maybe there's books out there that you
00:03:05 00:03:08 know have some value related to
00:03:06 00:03:11 something that I'm interested do you
00:03:08 00:03:12 have something that like like a key
00:03:11 00:03:14 takeaway that you took from that like
00:03:12 00:03:17 what kept you going to actually like
00:03:14 00:03:19 finish that one yes so for me I you know
00:03:17 00:03:21 I didn't grow up in a crazy low or a
00:03:19 00:03:22 crazy high financial situation or middle
00:03:21 00:03:24 class family
00:03:22 00:03:26 so money you know was a topic but it
00:03:24 00:03:28 wasn't like a struggle so I was kind of
00:03:26 00:03:29 thought to myself you know about all the
00:03:28 00:03:31 different social and economical
00:03:29 00:03:33 standpoints that people grow up in so
00:03:31 00:03:34 people who grow up with a lot of money I
00:03:33 00:03:36 went to school some of those kids and I
00:03:34 00:03:38 went to kids you know all across the
00:03:36 00:03:40 board so for me I kind of realized you
00:03:38 00:03:41 know why people think certain ways and I
00:03:40 00:03:43 realize it really goes back to what
00:03:41 00:03:44 you're toking school as well as like
00:03:43 00:03:45 where you're growing up because that
00:03:44 00:03:47 environment you know some parents are
00:03:45 00:03:48 really strict don't tok about money
00:03:47 00:03:50 don't do this neither others are very
00:03:48 00:03:52 open about it I feel like that just
00:03:50 00:03:54 affects it so the book kind of toked
00:03:52 00:03:56 about that you may get a rich dad and a
00:03:54 00:03:57 poor dad so it kind of gave me those
00:03:56 00:03:58 differences and I was just really
00:03:57 00:04:01 fascinated by and I tried to always and
00:03:58 00:04:03 just think about that in essence to my
00:04:01 00:04:06 life and how it relates awesome awesome
00:04:03 00:04:09 awesome all right question number two
00:04:06 00:04:11 what is one mentor coach or somebody
00:04:09 00:04:14 that you've worked with or learned from
00:04:11 00:04:15 that has had a great impact on let's say
00:04:14 00:04:17 your e-commerce business and what was
00:04:15 00:04:19 like something that they taught you that
00:04:17 00:04:21 like gave you that light bulb moment
00:04:19 00:04:23 yeah so one thing about me is
00:04:21 00:04:24 I didn't get a crazy amount of help from
00:04:23 00:04:26 everyone you know there wasn't really
00:04:24 00:04:28 one mentor I've met some cool people
00:04:26 00:04:31 along the way some friends with to this
00:04:28 00:04:32 day some that I'm not so one person who
00:04:31 00:04:34 I'm not going to reveal their name I'll
00:04:32 00:04:35 give another one that I will he's one of
00:04:34 00:04:37 the people who originally got me into
00:04:35 00:04:38 e-commerce really helped me out it's two
00:04:37 00:04:40 guys they're making some really really
00:04:38 00:04:42 good money but they were doing their
00:04:40 00:04:44 started doing some unethical things
00:04:42 00:04:46 so the takeaway that I learned there was
00:04:44 00:04:49 you know I watched their business just
00:04:46 00:04:51 blow up and then crash you know like
00:04:49 00:04:52 you're millions of dollars and crash
00:04:51 00:04:54 because they did it unethical never
00:04:52 00:04:56 focused on the short-term so I saw that
00:04:54 00:04:58 I'm like okay long-term good business
00:04:56 00:05:00 wins and then one of my good friends
00:04:58 00:05:02 Cara whose company does about 75 million
00:05:00 00:05:04 a month in sales right now he's been a
00:05:02 00:05:06 good friend of mine for almost three
00:05:04 00:05:08 years and you're not really a mentor or
00:05:06 00:05:09 a coach but just a friend so I can you
00:05:08 00:05:11 know five a question I can ask him if
00:05:09 00:05:13 he's you know in Arizona or I'm ever in
00:05:11 00:05:15 California we can always connect and
00:05:13 00:05:17 link up and you know able to do that a
00:05:15 00:05:18 few times a year so I really appreciate
00:05:17 00:05:23 the value of the people who are you know
00:05:18 00:05:24 whether they're much mean well you can
00:05:23 00:05:26 always get that from people so if I can
00:05:24 00:05:27 exchange that and you'll be able to get
00:05:26 00:05:28 help on certain things that I'm
00:05:27 00:05:30 struggling with it's definitely really
00:05:28 00:05:33 valuable so the cool thing that I got
00:05:30 00:05:34 from Cara who's doing insane numbers
00:05:33 00:05:37 with this company does extremely well
00:05:34 00:05:38 for himself he's all about ethics you
00:05:37 00:05:40 know he loves working with people who
00:05:38 00:05:42 are ethical and to me and I just kind of
00:05:40 00:05:43 realized that that was a reoccurring
00:05:42 00:05:45 theme and I'm sure you've seen it in the
00:05:43 00:05:46 e-commerce space as well people who
00:05:45 00:05:48 build brands and they don't fulfill
00:05:46 00:05:50 their orders they have issues with their
00:05:48 00:05:52 support and again it's short term focus
00:05:50 00:05:53 because you'll have issues with your
00:05:52 00:05:55 payment processor because you don't
00:05:53 00:05:56 fulfill you get chargebacks process or
00:05:55 00:05:58 shut down ad account banned the list
00:05:56 00:06:00 goes on and on so she's short term it's
00:05:58 00:06:03 not smart same thing with the e-commerce
00:06:00 00:06:04 teaching space I know so many people who
00:06:03 00:06:08 don't even do ecommerce and they teach
00:06:04 00:06:10 it it blows my mind and I'm like you
00:06:08 00:06:12 know it's unethical it's short-term
00:06:10 00:06:13 they're trying to squeeze the market and
00:06:12 00:06:15 you know those people won't be around
00:06:13 00:06:16 so we'll see what they end up doing but
00:06:15 00:06:18 you know that's why I think that's a
00:06:16 00:06:20 topic we could tok about for a while
00:06:18 00:06:23 that's something totally different yeah
00:06:20 00:06:26 drop but you know you can kind of see it
00:06:23 00:06:29 no no but yeah yeah I totally buried you
00:06:26 00:06:31 there all right so question number three
00:06:29 00:06:32 so this one's kind of gonna be like you
00:06:31 00:06:34 know some people have this some people
00:06:32 00:06:35 don't but I love to hear your thoughts
00:06:34 00:06:38 on it what is your
00:06:35 00:06:40 morning routine look like good question
00:06:38 00:06:42 so my morning routine actually starts
00:06:40 00:06:43 the night before so I usually do this
00:06:42 00:06:45 the very last thing I do in the day
00:06:43 00:06:47 actually have it right so I've got a
00:06:45 00:06:49 notebook big thick one every single day
00:06:47 00:06:52 with an out failure for about the last
00:06:49 00:06:53 250 days or so since kind of towards the
00:06:52 00:06:55 end of last year everyday the night
00:06:53 00:06:57 before I've written down a list of what
00:06:55 00:06:59 I have to do the next day cuz again for
00:06:57 00:07:01 me I'm all over the place you know like
00:06:59 00:07:03 unfocused and I have issues but you know
00:07:01 00:07:04 sitting now I'm doing stuff so for me if
00:07:03 00:07:07 I wake up in the morning little groggy
00:07:04 00:07:08 you gotta get your day started unless I
00:07:07 00:07:10 have something specific it used to be on
00:07:08 00:07:12 a whiteboard now it's on a notebook that
00:07:10 00:07:14 travel a lot you know I have a list of
00:07:12 00:07:15 things I have to do and so I write it
00:07:14 00:07:17 out the night before I keep it
00:07:15 00:07:18 prioritized five to ten things I don't
00:07:17 00:07:20 want to write out like a bunch of stuff
00:07:18 00:07:21 and then never do it all so the first
00:07:20 00:07:23 few things for me are really crucial
00:07:21 00:07:25 because I write those in order of what
00:07:23 00:07:27 I'm gonna do because if I don't have an
00:07:25 00:07:29 exact guideline of what I'm gonna do I'm
00:07:27 00:07:31 just gonna like do random little stuff
00:07:29 00:07:33 that never complete it so from you know
00:07:31 00:07:35 the first thing I do in the morning is I
00:07:33 00:07:36 don't lay in bed I don't check my phone
00:07:35 00:07:38 I don't do any of that from my bed I
00:07:36 00:07:40 walk out of my room go sit down on my
00:07:38 00:07:42 desk with my laptop and this list and I
00:07:40 00:07:44 take a look at and I immediately am
00:07:42 00:07:45 started on that so I like to walk just
00:07:44 00:07:47 to get the blood flowing you know get
00:07:45 00:07:47 out of the room get a drink drink some
00:07:47 00:07:49 water
00:07:47 00:07:51 you know get the body moving and then
00:07:49 00:07:52 sit down yeah I have a very I have a
00:07:51 00:07:55 very similar thing like the night before
00:07:52 00:07:56 at least the last thing I do before like
00:07:55 00:07:58 I kind of call it quits is just like
00:07:56 00:07:59 write down everything cuz it's like
00:07:58 00:08:01 there's no worse feeling than like
00:07:59 00:08:02 sitting down at your desk or wherever
00:08:01 00:08:05 you're working and then to be like oh I
00:08:02 00:08:06 I have no idea what to do like you have
00:08:05 00:08:09 note your priorities just like or just
00:08:06 00:08:11 totally skewed you know for the hour in
00:08:09 00:08:12 the day you're a little bit kind of all
00:08:11 00:08:14 over the place so unless there's you
00:08:12 00:08:17 can't really make that list in the
00:08:14 00:08:18 morning so it's been interesting because
00:08:17 00:08:20 I used to not do that I was running my
00:08:18 00:08:23 companies for two years without doing it
00:08:20 00:08:25 and doing just fine but I have seen like
00:08:23 00:08:27 a lot of growth both in you know how
00:08:25 00:08:29 well I could focus my productivity but
00:08:27 00:08:32 also the business numbers as well Oh
00:08:29 00:08:34 literally just by having an 88 cent
00:08:32 00:08:36 notebook from Walmart so you know I
00:08:34 00:08:38 always save those notebooks I have pens
00:08:36 00:08:39 I save depends once they die because I'm
00:08:38 00:08:41 gonna frame them someday
00:08:39 00:08:43 did the best thing ever is like I just
00:08:41 00:08:45 like put it the year on the end they're
00:08:43 00:08:47 mine and I just love gold like the other
00:08:45 00:08:48 day when I was it cleaning my office and
00:08:47 00:08:48 I was just like going through the ones
00:08:48 00:08:51 for like
00:08:48 00:08:53 14 2015 I'm like holy like I'm a
00:08:51 00:08:54 whole different person like I'm like the
00:08:53 00:08:56 things I was even writing I was like
00:08:54 00:08:58 well no you couldn't like scale as
00:08:56 00:09:00 quickly as you wanted to like your
00:08:58 00:09:01 mindset changes and you even the way you
00:09:00 00:09:04 write and stuff like it's just so good
00:09:01 00:09:06 to like look back on that later on yeah
00:09:04 00:09:08 you'll thank yourself a ton for that
00:09:06 00:09:10 yeah I write down numbers you know sales
00:09:08 00:09:11 measured commerce brands and different
00:09:10 00:09:13 amounts of money inside of their daily
00:09:11 00:09:15 weekly and monthly so I always tell my
00:09:13 00:09:16 friends know if they ever try to touch
00:09:15 00:09:19 my notebook or whatever like I will
00:09:16 00:09:21 punch you steal my laptop you know
00:09:19 00:09:23 because like you can't get that back
00:09:21 00:09:26 absolutely absolutely all right so our
00:09:23 00:09:28 fourth question how has a failure of
00:09:26 00:09:31 yours or an apparent value failure of
00:09:28 00:09:33 yours set you up for a later success and
00:09:31 00:09:34 do you have like a memorable failure
00:09:33 00:09:37 that you've had that you realize like
00:09:34 00:09:39 that it was actually a success and thank
00:09:37 00:09:42 God that that actually happened to you
00:09:39 00:09:44 yeah I mean there isn't one specifically
00:09:42 00:09:45 where I look in a positive light on the
00:09:44 00:09:47 failure you know I try to learn from
00:09:45 00:09:50 every situation whether it's a failure
00:09:47 00:09:51 or not a lot of my issues that I've ever
00:09:50 00:09:53 struggled with I think we'll get more
00:09:51 00:09:55 into this another question I think I
00:09:53 00:09:56 remember but um you know a lot of the
00:09:55 00:09:58 issues I've had is with people so the
00:09:56 00:10:00 people that I decide to let into my life
00:09:58 00:10:02 so I've had issues with people you know
00:10:00 00:10:03 ruining my businesses coming in there
00:10:02 00:10:05 and having you know processors be
00:10:03 00:10:06 disabled because they're not doing the
00:10:05 00:10:08 right things and you that's really
00:10:06 00:10:10 really affected both like the companies
00:10:08 00:10:13 that are trying to build but also issues
00:10:10 00:10:15 with you know just the direct money so
00:10:13 00:10:16 I've lost you know ecommerce friends of
00:10:15 00:10:17 mine that are doing three four hundred
00:10:16 00:10:20 thousand dollars a month and have been
00:10:17 00:10:23 and it just absolutely kills and so for
00:10:20 00:10:24 me it's you know I don't think a lot of
00:10:23 00:10:26 people anymore I'd do everything
00:10:24 00:10:28 basically by myself and it is very
00:10:26 00:10:30 cautious about that so you know moving
00:10:28 00:10:31 forward it's you know again whether I
00:10:30 00:10:32 have a good experience or a bad
00:10:31 00:10:33 experience I was trying to learn from
00:10:32 00:10:35 hands I had one issue I made a little
00:10:33 00:10:36 YouTube video about it I lost this store
00:10:35 00:10:38 that at the time was doing about a
00:10:36 00:10:39 quarter million a month with like 100k
00:10:38 00:10:41 in profit so he's doing really really
00:10:39 00:10:44 well and I was looking to scale it and
00:10:41 00:10:46 got shut that yeah it's funny yours is
00:10:44 00:10:47 like partner related to a saint same
00:10:46 00:10:50 thing with mine
00:10:47 00:10:52 like we had a seven figure business that
00:10:50 00:10:54 we ended up selling but uh same thing
00:10:52 00:10:56 just like bad partnerships and yeah
00:10:54 00:10:57 looking at it back I'm like crap like
00:10:56 00:10:59 man I wish I didn't do this I didn't do
00:10:57 00:11:01 this but it's like you're better off
00:10:59 00:11:02 just learning from it moving on putting
00:11:01 00:11:03 your energy
00:11:02 00:11:06 towards like your next project you know
00:11:03 00:11:08 yeah exactly you can't really get mad
00:11:06 00:11:11 and especially be made money it's like
00:11:08 00:11:13 oh yeah yeah but there's always gonna be
00:11:11 00:11:14 losses and you know those are in place I
00:11:13 00:11:16 believe everything happens for a reason
00:11:14 00:11:18 so you know it's either meant to Humble
00:11:16 00:11:22 you or get you to wake up and realize
00:11:18 00:11:25 something mm-hmm number 5 if you could
00:11:22 00:11:29 have one message reach a billion people
00:11:25 00:11:31 right now what would it say and why see
00:11:29 00:11:33 this is an interesting one if there's me
00:11:31 00:11:35 I always kind of look at myself and in
00:11:33 00:11:36 comparison and my goals I haven't done
00:11:35 00:11:38 much yet I'm just kind of getting
00:11:36 00:11:40 started you know for me the long-term
00:11:38 00:11:41 you know thing is ecommerce friends and
00:11:40 00:11:43 real estate so I'm kind of getting the
00:11:41 00:11:45 cash flow to really do those at a high
00:11:43 00:11:47 level so if I can do what I've done so
00:11:45 00:11:49 far with how much I struggle with
00:11:47 00:11:51 focusing and distractions are like from
00:11:49 00:11:54 where I come from if I can do that I
00:11:51 00:11:55 guarantee you someone else can they just
00:11:54 00:11:57 have to be willing to put in the work so
00:11:55 00:11:59 my message for people is just about
00:11:57 00:12:01 anything you want to do you can do it it
00:11:59 00:12:02 sounds a little cliche but I always
00:12:01 00:12:04 recommend you know bring it back to the
00:12:02 00:12:06 basics like for me you know writing
00:12:04 00:12:07 something down in a notebook it's so
00:12:06 00:12:09 simple I have friends who make a lot of
00:12:07 00:12:11 money with their businesses and they
00:12:09 00:12:13 laugh at that no usually younger people
00:12:11 00:12:14 who do stuff online but like you'll see
00:12:13 00:12:16 a lot of really successful business
00:12:14 00:12:17 people do that usually who are a little
00:12:16 00:12:18 bit older like write stuff down
00:12:17 00:12:21 physically so anything that you're
00:12:18 00:12:23 trying to do just really really try and
00:12:21 00:12:24 give very practikal about what you have
00:12:23 00:12:27 to do just step one step two step three
00:12:24 00:12:29 and just execute upon that is you can do
00:12:27 00:12:32 anything you want to do awesome awesome
00:12:29 00:12:35 totally agree so number six what is one
00:12:32 00:12:38 of the best investments you've ever made
00:12:35 00:12:41 so this is a great great question for me
00:12:38 00:12:43 because I kind of have a two parter to
00:12:41 00:12:45 this okay so I'm not someone who likes
00:12:43 00:12:47 to spend a lot of money and this is just
00:12:45 00:12:49 my personality you know I'll spend it on
00:12:47 00:12:51 the business if it needs it but usually
00:12:49 00:12:53 I hold back so there's two times where I
00:12:51 00:12:55 spent money that actually helped me huge
00:12:53 00:12:58 number one was when I was 17 I moved to
00:12:55 00:13:00 Los Angeles so I dropped out of school I
00:12:58 00:13:01 moved across the country underage and
00:13:00 00:13:04 naturally there's expenses that come
00:13:01 00:13:06 with that so that was my first real like
00:13:04 00:13:08 wave with new expenses right so all
00:13:06 00:13:10 these expenses but it helped me grow so
00:13:08 00:13:11 much you know most people like wait why
00:13:10 00:13:13 can't you just run your business from
00:13:11 00:13:15 your parents basement and you totally
00:13:13 00:13:17 can but when I'm around
00:13:15 00:13:20 all these people and like all these nice
00:13:17 00:13:23 things and these inspiring locations for
00:13:20 00:13:25 me it helped me grow the business I mean
00:13:23 00:13:28 that is so para fide I think like like
00:13:25 00:13:30 people wind that because like it's funny
00:13:28 00:13:31 like a lot of people they don't want to
00:13:30 00:13:33 let you have to level up your life and
00:13:31 00:13:35 like sometimes with like you said like
00:13:33 00:13:37 the expenses like guess what you're hurt
00:13:35 00:13:38 you have to pay them either way and
00:13:37 00:13:40 you're gonna figure it out right and
00:13:38 00:13:41 it's better to put that kind of like
00:13:40 00:13:45 pressure start putting that pressure on
00:13:41 00:13:47 yourself right to to make it happen but
00:13:45 00:13:49 sorry go ahead yeah no sorry I didn't do
00:13:47 00:13:52 anything crazy like a bunch of money and
00:13:49 00:13:54 going to Gucci like a Gucci so for me
00:13:52 00:13:55 it's just you know every other thing and
00:13:54 00:13:57 I started I wanted to live in California
00:13:55 00:13:59 always the goal since day one like since
00:13:57 00:14:01 I was 13 like that's my first business
00:13:59 00:14:03 goal so I made that half which is really
00:14:01 00:14:05 cool and you know that was a big set of
00:14:03 00:14:07 expenses but it helped me grow and then
00:14:05 00:14:10 the second one was about 9 or 10 months
00:14:07 00:14:11 ago I was really being overworked just
00:14:10 00:14:13 by myself you know because I don't
00:14:11 00:14:14 really hire out much stuff wanted to
00:14:13 00:14:15 keep the profit margin really high and
00:14:14 00:14:17 just I'm like ok I'll do all the work
00:14:15 00:14:18 myself but you can only do that for so
00:14:17 00:14:20 long
00:14:18 00:14:22 so in about two weeks time I hired
00:14:20 00:14:24 enough people to bring on about twenty
00:14:22 00:14:26 three thousand dollars a month in
00:14:24 00:14:28 payroll expenses so this is huge true
00:14:26 00:14:30 because I had never really paid people a
00:14:28 00:14:32 lot of money to do stuff and it was a
00:14:30 00:14:34 big expense that was all right I'm gonna
00:14:32 00:14:36 validate this because for me if I'm
00:14:34 00:14:37 paying twenty three thousand a month to
00:14:36 00:14:39 these employees that they can create at
00:14:37 00:14:41 least forty six thousand a month which
00:14:39 00:14:43 they did if they could at least create
00:14:41 00:14:45 that my profit is lower but the overall
00:14:43 00:14:48 net profit is higher you know it's just
00:14:45 00:14:49 on that new money so for me I'll give
00:14:48 00:14:51 you an example like you know you might
00:14:49 00:14:53 have one hundred percent profit or
00:14:51 00:14:54 whatever a business and something you're
00:14:53 00:14:56 doing you know you might go from zero to
00:14:54 00:14:57 a hundred thousand a month and then in
00:14:56 00:14:59 order to go from a hundred to two
00:14:57 00:15:00 hundred you have to bring on a lot more
00:14:59 00:15:03 expenses but as long as you still
00:15:00 00:15:05 profiting it's additional margin is
00:15:03 00:15:06 lower but your top-line is higher so it
00:15:05 00:15:08 makes sense it was just so hard for me
00:15:06 00:15:09 to overcome that because you always hear
00:15:08 00:15:11 the same you know you got to spend money
00:15:09 00:15:13 to make money and it's true but it's
00:15:11 00:15:14 such a big level like that where I'm
00:15:13 00:15:17 spending like a quarter million a year
00:15:14 00:15:19 on employees that was hard for me yeah
00:15:17 00:15:22 that's like something that we you know
00:15:19 00:15:23 there's so many pros to it that like we
00:15:22 00:15:26 probably we spend you know good amount
00:15:23 00:15:27 every single month as well on employees
00:15:26 00:15:28 I'm like
00:15:27 00:15:31 but like you have to think about it it's
00:15:28 00:15:33 like the time they save you right like
00:15:31 00:15:35 even you know hiring certain experts
00:15:33 00:15:37 that are better than you at a partikular
00:15:35 00:15:39 you know task instead of kind of
00:15:37 00:15:41 overwhelming you you know as the CEO of
00:15:39 00:15:42 your business and taking you out of that
00:15:41 00:15:44 like creative space of like launching
00:15:42 00:15:46 new products launching new offers or
00:15:44 00:15:47 whatever you need to be doing so and
00:15:46 00:15:48 that's the interesting piece it's not
00:15:47 00:15:51 even just the financial you know I was
00:15:48 00:15:52 working 14 to 16 hours a day every day
00:15:51 00:15:54 and I had no problem doing it always it
00:15:52 00:15:56 go workaholic but still it's like it's
00:15:54 00:15:57 only sustainable to so long and it's
00:15:56 00:15:59 taking up your creative power so for me
00:15:57 00:16:01 when I kind of stopped doing that I got
00:15:59 00:16:03 this whole influx of time yeah it was
00:16:01 00:16:04 kind of spending that on new projects
00:16:03 00:16:06 that get me excited I'm able to travel
00:16:04 00:16:07 and kind of take a step back and you
00:16:06 00:16:09 know enjoy life while still of course
00:16:07 00:16:11 working like eight to ten hours a day
00:16:09 00:16:12 and getting everything done but it
00:16:11 00:16:14 really has helped me and I'm working on
00:16:12 00:16:17 some really cool fun projects oh
00:16:14 00:16:19 definitely awesome man all right number
00:16:17 00:16:21 7s our final one well it's one piece of
00:16:19 00:16:24 advice that you would give to somebody
00:16:21 00:16:27 that's an aspiring seven eight figure
00:16:24 00:16:29 ecommerce business owner this is a good
00:16:27 00:16:32 one I would say personally from my own
00:16:29 00:16:33 experience whatever you think is going
00:16:32 00:16:36 to be the hardest part of getting there
00:16:33 00:16:37 is not going to be so people were
00:16:36 00:16:39 starting to e-commerce be like Oh
00:16:37 00:16:40 Facebook Ads and it's really not that
00:16:39 00:16:42 difficult a kind of learn you get the
00:16:40 00:16:43 hang of it out of scale when you're
00:16:42 00:16:45 scaling to a million there's no
00:16:43 00:16:48 difference in really going to three so
00:16:45 00:16:50 for me I ran into other issues mostly
00:16:48 00:16:52 people yeah and that usually led to
00:16:50 00:16:54 issues with processors having problems
00:16:52 00:16:55 with that I realized I can't use stripe
00:16:54 00:16:57 for everything I do I can't you shop by
00:16:55 00:16:59 payments which is stripe just not doable
00:16:57 00:17:01 so you know I was running into reserve
00:16:59 00:17:03 issues holds and all these things so you
00:17:01 00:17:04 know having either really set up an
00:17:03 00:17:06 actual company and having the real
00:17:04 00:17:08 accounts of proof which take a long time
00:17:06 00:17:10 so for me it was mostly people with if
00:17:08 00:17:12 you want to scale double-check who your
00:17:10 00:17:14 partner is if you have one double check
00:17:12 00:17:16 who you're hiring you know I hired all
00:17:14 00:17:18 those people all of them except for two
00:17:16 00:17:20 right now or fired and I've hired on a
00:17:18 00:17:22 lot more new people you know I've fired
00:17:20 00:17:24 so quick because yeah in my opinion
00:17:22 00:17:26 people kind of get an egotistikal this
00:17:24 00:17:28 and add they stopped working and it just
00:17:26 00:17:29 kind of bothers me so you know there's
00:17:28 00:17:31 there's always going to be issues but
00:17:29 00:17:33 you can't always foresee them so for me
00:17:31 00:17:34 I'd never expected the problems of
00:17:33 00:17:36 getting to like seven on the way to
00:17:34 00:17:39 eight figures to be the ones that they
00:17:36 00:17:43 you know it's not like an actual scaling
00:17:39 00:17:45 issue you know yeah it's like I didn't
00:17:43 00:17:46 expect that I'd have to I kind of I
00:17:45 00:17:48 guess I would have assumed but I think
00:17:46 00:17:50 oh I'm have to hire 30 people to get to
00:17:48 00:17:53 this number but you need more people to
00:17:50 00:17:54 be doing stuff yeah yeah get a system
00:17:53 00:17:56 that works on a small scale and just
00:17:54 00:17:58 expand up mm-hm absolutely well dude
00:17:56 00:18:00 thank you for for taking some time to
00:17:58 00:18:02 come here and drop some value with
00:18:00 00:18:04 everyone if you guys have any questions
00:18:02 00:18:05 obviously drop a comment down below on
00:18:04 00:18:07 this video
00:18:05 00:18:09 but Hayden where can people kind of get
00:18:07 00:18:10 in contact with you learn more what kind
00:18:09 00:18:11 of already said hey check out his
00:18:10 00:18:12 youtube channel but is there anywhere
00:18:11 00:18:15 else you'd want people to check you out
00:18:12 00:18:17 yeah YouTube's probably the best places
00:18:15 00:18:19 of right now I'm on there three times a
00:18:17 00:18:21 week and then Instagram I try to reply
00:18:19 00:18:22 to as many Instagram DMS as I can was
00:18:21 00:18:25 enough like a half-hour this morning at
00:18:22 00:18:28 the airport but uh yeah Instagram is
00:18:25 00:18:29 just my last name at fold wles so feel
00:18:28 00:18:30 free to hit me up there message me if
00:18:29 00:18:32 you have any questions love to help you
00:18:30 00:18:34 out awesome thanks again for coming on
00:18:32 00:18:36 man yeah thanks you know what's going on
00:18:34 00:18:38 Empire builders in today's video I'm
00:18:36 00:18:40 going to be sharing with those of you
00:18:38 00:18:42 that are about to launch your
00:18:40 00:18:44 dropshipping store a seven step
00:18:42 00:18:46 checklist that you absolutely need to
00:18:44 00:18:48 follow in order to make sure you're a
00:18:46 00:18:53 brand new drop shipping store before you
00:18:48 00:18:53 launch it is set up properly for success