Podcasts about outside money

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Best podcasts about outside money

Latest podcast episodes about outside money

KJZZ's The Show
Outside money raises the stakes in this AZ primary for Congress

KJZZ's The Show

Play Episode Listen Later Jul 24, 2024 44:33


Outside money is pouring into one Democratic primary race, and it's not from the usual suspects. We'll hear how a pro-cryptocurrency PAC is ramping up the pressure in CD3. Plus, a Deep Dive conversation with an advocate whose history of drug use led her to work to prevent overdoses. That and more on The Show.

City Cast Portland
Portland's Progressive DA Loses Election; Outside Money and Zoo Animals Win

City Cast Portland

Play Episode Listen Later May 24, 2024 34:58


Today on City Cast Portland, we're talking through our local primary election results and the latest report on Portland Police Bureau traffic stops. Joining host Claudia Meza on this Friday news roundup are KBOO news director Althea Billings and our very own executive producer, John Notarianni. Discussed on Today's Episode: Oregon Primary Election Results 2024 [OPB]  Map Shows Where DA Candidates Schmidt and Vasquez Did Best in Multnomah County [Oregonian

City Cast Portland
An LGBTQ+ Clinic's Scandal, Outside Money Floods the Election, and Mismanaged Affordable Housing

City Cast Portland

Play Episode Listen Later May 17, 2024 33:49


Today on City Cast Portland, we're talking about a Philadelphia activist's lie causing trouble at a local therapy office, all the money coming from who-knows-where in Oregon's upcoming elections, and the latest audit looking into the city's affordable housing mandate. Joining host Claudia Meza on this week's Friday news roundup are Willamette Week City Hall reporter Sophie Peel and our very own producer, John Notarianni. Discussed in Today's Episode: A Disgraced Philadelphia Activist Landed a Job at a Portland Therapy Clinic. The Therapists Quit. [Willamette Week] Flood of 11th-Hour Donations, Big Outside Spending Boosts Maxine Dexter in Race for Congress [Oregonian

Rochester Today
Get the "Outside Money" Out of Politics

Rochester Today

Play Episode Listen Later Apr 15, 2024 39:27


Former Congressman Tim Penny suggests a constitutional amendment to require politicians to fund their campaigns with contributions limited to citizens of their own states. Tim also provides an update on the many activities of the Southern Minnesota Initiative Foundation.

politics outside money
Bill O’Reilly’s No Spin News and Analysis
Collapsing Justice, Joe Biden's Call with Netanyahu, Chinese Nationals Captured on the Southern Border, Wisconsin Bans Zuckerberg's Outside Money, & More

Bill O’Reilly’s No Spin News and Analysis

Play Episode Listen Later Apr 5, 2024 42:08


Hey BillOReilly.com Premium and Concierge Members, welcome to the No Spin News for Thursday, April 4, 2024. Stand Up for Your Country. Tonight's rundown: Talking Points Memo: Bill once again addresses new incidents involving criminal migrants and soft judges. President Biden has a phone call with Israeli Prime Minister Benjamin Netanyahu. The Border Patrol captured 182 Chinese nationals trying to enter the U.S. Wisconsin voters pass legislation banning outside money in their elections. This Day in History: Francis Drake Final Thought: Bill in Malta In Case You Missed It: Read Bill's latest column, "The Politics if Death." Order the brand new BillOReilly.com Self Reliance coffee mug for only $24.95! Election season is here! Now's the time to get a Premium or Concierge Membership to BillOReilly.com, the only place for honest news analysis. Preorder Bill's latest book CONFRONTING THE PRESIDENTS, a No Spin assessment of every president from Washington to Biden. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Business Method Podcast: High-Performance & Entrepreneurship
Ep.559 ~ No Goals, No Outside Money & Small Teams of Two Built this Billion Dollar Company ~ Jason Fried

The Business Method Podcast: High-Performance & Entrepreneurship

Play Episode Listen Later Feb 14, 2024 58:07 Transcription Available


Jason Fried, the maverick co-founder of Basecamp, revolutionized the tech industry with his radical approach to work culture and project management. Rising from humble beginnings, Jason's journey to the summit of Silicon Valley was anything but conventional. Defying the status quo, he challenged the relentless hustle culture pervasive in the tech world, advocating for a more balanced and humane approach to work. With Basecamp, he not only built a billion-dollar empire but also ignited a fervent debate on the very nature of work itself, shaking the foundations of corporate America with his provocative ideas on remote work, minimalism, and the sanctity of uninterrupted focus.   Yet, beneath the glittering facade of success lies a darker truth: Jason's relentless pursuit of innovation often bordered on obsession, leading to tales of extreme work hours and clashes with traditional corporate structures. His unapologetic stance against venture capital and his fierce commitment to maintaining autonomy over Basecamp raised eyebrows in an industry fueled by billion-dollar investments and aggressive growth. Despite the controversies, Fried remains a polarizing figure, celebrated by some as a visionary disruptor while criticized by others as a provocateur whose methods challenge the very fabric of modern corporate culture. Love him or loathe him, Jason Fried's impact on the tech landscape is undeniable, forever altering the way we perceive work and productivity in the digital age.

The Big Show
Hour One: The Effect of South American Weather and Outside Money on Markets

The Big Show

Play Episode Listen Later Jan 3, 2024 31:45


Wednesday's First Hour: Gary Hoefling at Robert's Carburetor in Northwest Iowa tells us what they're seeing for soil temps and rainfall. He also talks about the carburetor repair business and how far away they get items from. Garrett Toay from AgTraderTalk explains how moisture in South America impacted yesterday's grain trade and what's bringing prices back up slightly today. David has a special report with Total Farm Marketing's John Heinberg about how outside money affects ag commodity trade.

WBEN Extras
UB's Shawn Donahue on late outside money going into campaign ads

WBEN Extras

Play Episode Listen Later Nov 6, 2023 3:39


UB's Shawn Donahue on late outside money going into campaign ads

Inside Reproductive Health Podcast
202 Bootstrapping a fertility company. How Inside Reproductive Health has avoided taking outside money. Kim Abernethy interviews Griffin Jones

Inside Reproductive Health Podcast

Play Episode Listen Later Oct 22, 2023 48:25


Tables are turned in this week's podcast as guest Kim Abernethy, CCO of PC Alliance, interviews Griffin Jones about the origins of Inside Reproductive Health and his journey as a fertility entrepreneur. Throughout the interview Griffin talks about: How he built IRH without any outside funding (And if you should do the same) The “Rising Stars” in the fertility field (And who he believes will be the big winners) The complications of nailing product-market fit (And how doctor's expect us to provide value) What advice he would give to fertility entrepreneurs looking to make a name for themselves.

Mandy Connell
05-31-23 FULL SHOW - Weather Wednesday and Outside Money in the Mayor's Race

Mandy Connell

Play Episode Listen Later May 31, 2023 104:46


race mayors weather outside money
The Michael Martin Show
How Do You Raise Outside Money?

The Michael Martin Show

Play Episode Listen Later May 16, 2023 12:47


Subscribe to the show   Click here to  get your free copy of The Inner Voice of Trading audiobook.  

Nothing Personal with David Samson
NFL is making a massive statement fining teams and players for faking injuries; Chris Beard arrested for DV; What happens when outside money buys into NBA, MLB? (Episode 715)

Nothing Personal with David Samson

Play Episode Listen Later Dec 13, 2022 49:16


Today's word of the day is 'and the award goes to' as in nominations as in awards as in oscars as in golden globes as in Emmys as in the NFL is starting to crack down on ‘fake injuries'. It's here, folks. We've got Jessie Bates of the Bengals getting fined $50K. We've got the Saints being fined $500K for an incident with Cam Jordan. And Jordan was NOT happy about this. (20:10) So You Wanna Talk To Samson!? The head coach of the Texas basketball team was arrested for domestic violence. He was then suspended without pay. Someone asked me how and what teams do after hearing this news. (32:30) Review: Tar/Golden Globes. (38:20) Outside money is starting to flow into American sports. There are not enough billionaires to buy all these teams. The blowback of Saudi money for LIV Golf was immense. What if that money is now buying into the NBA? MLB? (45:10) NPPOD. No one reached out to me! Which means we have no good news to share or you don't read this! Or maybe you think David writes these! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Make Me Smart
The rise of outside money in local school board elections

Make Me Smart

Play Episode Listen Later Nov 9, 2022 30:16


School board races have become some of the most contentious elections of the 2022 midterms. These used to be mostly local affairs, with candidates typically raising less than $1,000 from friends and family. But now it’s not uncommon for big national political action committees to sink tens of thousands into a single race. It’s a trend that goes back more than a decade and has been supercharged by culture war issues and the pandemic. Today, we talk with Rebecca Jacobsen, a professor of education policy at Michigan State University, about the implications of outside money in school board elections for education policy and local democracy. In the News Fix, we’ll discuss what’s being done to address voter intimidation at the polls. Plus, two cryptocurrency giants are joining forces. Then, we’ll hear from a listener who wonders if the universe is sending us an Election Day message, and a mathematician who has thought a lot about “How Not to Be Wrong” answers the “Make Me Smart” question. Here’s everything we talked about today: “Conservative groups are spending big on school board races” from Marketplace National Super PACS are spending on local school board races from USA Today CZ’s Binance to Buy Rival FTX After Sam Bankman-Fried Faces Liquidity Crunch from Bloomberg “Justice Dept. dispatching Election Day monitors to 64 jurisdictions” from The Washington Post This hotline is ready to troubleshoot your voting related issues Next Up in the Night Sky: A Total Lunar Eclipse from The New York Times Meet the mathematician who answered this week’s “Make Me Smart” question We want to hear your answer to the “Make Me Smart” question. Leave us a voicemail at 508-U-B-SMART. You can also email makemesmart@marketplace.org.

Marketplace All-in-One
The rise of outside money in local school board elections

Marketplace All-in-One

Play Episode Listen Later Nov 9, 2022 30:16


School board races have become some of the most contentious elections of the 2022 midterms. These used to be mostly local affairs, with candidates typically raising less than $1,000 from friends and family. But now it’s not uncommon for big national political action committees to sink tens of thousands into a single race. It’s a trend that goes back more than a decade and has been supercharged by culture war issues and the pandemic. Today, we talk with Rebecca Jacobsen, a professor of education policy at Michigan State University, about the implications of outside money in school board elections for education policy and local democracy. In the News Fix, we’ll discuss what’s being done to address voter intimidation at the polls. Plus, two cryptocurrency giants are joining forces. Then, we’ll hear from a listener who wonders if the universe is sending us an Election Day message, and a mathematician who has thought a lot about “How Not to Be Wrong” answers the “Make Me Smart” question. Here’s everything we talked about today: “Conservative groups are spending big on school board races” from Marketplace National Super PACS are spending on local school board races from USA Today CZ’s Binance to Buy Rival FTX After Sam Bankman-Fried Faces Liquidity Crunch from Bloomberg “Justice Dept. dispatching Election Day monitors to 64 jurisdictions” from The Washington Post This hotline is ready to troubleshoot your voting related issues Next Up in the Night Sky: A Total Lunar Eclipse from The New York Times Meet the mathematician who answered this week’s “Make Me Smart” question We want to hear your answer to the “Make Me Smart” question. Leave us a voicemail at 508-U-B-SMART. You can also email makemesmart@marketplace.org.

NC SPIN Podcasts
Episode 329: My Spin for 5-19-22 Election winners: Trump, outside money and rage

NC SPIN Podcasts

Play Episode Listen Later May 18, 2022 6:18


Tom Campbell says the primary election outcomes were influenced by Donald Trump, outside independent expenditure groups and the "age of rage."

Turning Hard Times into Good Times
Markets to Own with “Outside Money” Trumping “Inside Money”

Turning Hard Times into Good Times

Play Episode Listen Later Apr 26, 2022 53:51


John Rubino and Michael Oliver return as our guests this week. Nicholas Rodway, the CEO of Core Assets Corp., visits for the first time. After 1971 when President Nixon detached gold from the global monetary system, the U.S. dollar became the uncontested world's reserve currency. The U.S. has abused that privilege by using its dishonest source of funding to expand its empire. In the process, America consumed more than it produced running up huge amounts of debt both to its own citizens and to foreigners. That has greatly injured America's productive capacity leaving it now vulnerable to would be predators like Russia and China. While the U.S. uses its military to project power, it seems to ignore its financial vulnerability. But recognizing that the U.S. produces little of what the rest of the world needs, Russia with China's backing chose to play financial hardball with the West when it began to demand from Europe payment for its life-sustaining natural gas in the form of gold or Russian Rubles. While Americans seem to be ignorant of our financial vulnerability, this new move by America's adversaries threatens to force our “inside money” (U.S. dollar created out of thin air) to submit to Russia's “outside money.” “Outside money” is defined as money backed by life-sustaining commodities starting with energy. This threatens the dollar's reserve currency status and will turn markets as we know them upside down. We will ask John and Michael for their views on how this major change will impact markets and how they think investors should respond. Nicholas Rodway visits for the first time to introduce a new sponsor company to the show, namely Core Assets Corp., a company that is exploring for gold, silver, and base metals in a carbonate-replacement style of mineralization in British Columbia. The targets are enormous and the company has a very strong technical team. Management owns 36%, with Crescat Capital also as a major investor.

Turning Hard Times into Good Times
Markets to Own with “Outside Money” Trumping “Inside Money”

Turning Hard Times into Good Times

Play Episode Listen Later Apr 26, 2022 53:51


John Rubino and Michael Oliver return as our guests this week. Nicholas Rodway, the CEO of Core Assets Corp., visits for the first time. After 1971 when President Nixon detached gold from the global monetary system, the U.S. dollar became the uncontested world's reserve currency. The U.S. has abused that privilege by using its dishonest source of funding to expand its empire. In the process, America consumed more than it produced running up huge amounts of debt both to its own citizens and to foreigners. That has greatly injured America's productive capacity leaving it now vulnerable to would be predators like Russia and China. While the U.S. uses its military to project power, it seems to ignore its financial vulnerability. But recognizing that the U.S. produces little of what the rest of the world needs, Russia with China's backing chose to play financial hardball with the West when it began to demand from Europe payment for its life-sustaining natural gas in the form of gold or Russian Rubles. While Americans seem to be ignorant of our financial vulnerability, this new move by America's adversaries threatens to force our “inside money” (U.S. dollar created out of thin air) to submit to Russia's “outside money.” “Outside money” is defined as money backed by life-sustaining commodities starting with energy. This threatens the dollar's reserve currency status and will turn markets as we know them upside down. We will ask John and Michael for their views on how this major change will impact markets and how they think investors should respond. Nicholas Rodway visits for the first time to introduce a new sponsor company to the show, namely Core Assets Corp., a company that is exploring for gold, silver, and base metals in a carbonate-replacement style of mineralization in British Columbia. The targets are enormous and the company has a very strong technical team. Management owns 36%, with Crescat Capital also as a major investor.

Moving Iron Podcast
MIP Markets w. Chip Nellinger - Outside money is looking for safe harbors

Moving Iron Podcast

Play Episode Listen Later Jan 28, 2022 18:51


MIP Markets with Chip Nellinger - Looking for Safe Harbors 1-309-550-7213, bluereefinc.com @bluereefAGMoney from the outside markets is looking for safe harbors. Ag News By @theherdbookPresented By @AxonTire, @FarmCredit, and @ValleyTransIncMusic By: @TalbottBrothers @casey9673 @traderbrent @Aaronfintel #AgEquipmentBusinessTalk#LetsGoMoveSomeIronContact me @: MovingIronLLC.comMovingIronPodcast@MovingIronPodcast.com#AgEquipmentBusinessTalk #LetsGoMoveSomeIron #agmarkets #combine #combinetires #corn #idlechatterpodcast #AgTires #Harvest22 #Tillage #plant22 #till22 #tractor #BushelandCents #tractorzoom #worldeconomy #IronComps #PrecisionDonor #BornThatWay #Soybeans #TaxMoves #TheHerdBook #AuctionMarket #EquipmentAuction #FarmEquipmentAuction https://www.spreaker.com/user/9810017/mip-markets-w-chip-nellinger-flowing-in-_1

safe markets corn combine tractor soybeans world economy tillage harbors outside money chip nellinger tractorzoom agmarkets ironcomps
Rework
Outside Money is Plan Z

Rework

Play Episode Listen Later Dec 7, 2021 28:27


Taking outside money to start your business may seem like a good idea, but there are a ton of strings attached... You give up control. Cashing out becomes the #1 priority. It's addictive. It's usually a bad deal. Customers become less important than investors... You get the idea. Outside money should never be plan A.Show Notes 03:15 - How WhatsApp Makes Money (Investopedia) 13:28 - 37signals changing name to Basecamp, shedding products (Chicago Tribune) 22:40 - The deal Jeff Bezos got on Basecamp (Signal v. Noise)

Conversations with Clint with Rep. Clint Owlett
Ep. 44 - Conversations with Clint - Outside Money for Election Administration

Conversations with Clint with Rep. Clint Owlett

Play Episode Listen Later Nov 12, 2021 18:00


On this episode of Conversations with Clint, Rep. Owlett talks with fellow state Reps. Eric Nelson and Jim Struzzi about their work to prohibit outside money from being used to administer the state's elections. Other topics include an upcoming hearing about stream clearing to prevent flooding and more.

PA House
Ep. 44 - Conversations with Clint - Outside Money for Election Administration

PA House

Play Episode Listen Later Nov 12, 2021 18:00


On this episode of Conversations with Clint, Rep. Owlett talks with fellow state Reps. Eric Nelson and Jim Struzzi about their work to prohibit outside money from being used to administer the state's elections. Other topics include an upcoming hearing about stream clearing to prevent flooding and more.

Afternoons Live with Tyler Axness
Tyler's Takes: Outside Money in North Dakota

Afternoons Live with Tyler Axness

Play Episode Listen Later Apr 13, 2021 6:04


Afternoons Live's host Tyler Axness gives you his take on the roll outside money has on the politics in North Dakota. See omnystudio.com/listener for privacy information.

north dakota outside money afternoons live
Parenting Your
In 30 Minutes teach your "Nearly Grown" Money Management

Parenting Your "Nearly Grown" JUST. GOT. EASIER.

Play Episode Listen Later Jun 9, 2020 11:13


30 Minutes.  Just 30 Minutes can set your "nearly grown" child on the path to lifelong money management.   And, no helicopter parenting required.  Plus, with 10 minutes more per week, you can put them into their own amazing habit-accountability system.  Parents, this involves setting up a strong foundation with the right emphasis points.  When we are done today, you will know exactly where to start and what to do to get them on a money planning road to success.  In this podcast episode we cover: [2:30] Two Big Mistakes Parents Make [3:38] Concepts your "nearly grown" NEEDS to understand (buy-in and quick results) [4:30] 2 Fundamentals no matter the age [6:14] The 30 Minute Starter Plan [6:29] Step 1:  The "Outside" Money [6:44] Step 2: The "Inside" Money [7:07] Step 3: The Transfer [7:50] Step 4:  Agree to Agree (as opposed to disagree) [8:12] The BIG Don't.  DO NOT SKIP THIS. [9:27] Step-By-Step Plan PLUS 2 Incentive Techniques to encourage your "nearly grown" to stay engaged. [10:20] The Hidden Lifetime Payoff Don't miss the opportunity to get your step by step Starter System.  It's a game changer.  You have nothing to love and so much to gain in the gift of money management for your offspring.   It's clean, easy, and is targeted to getting basic concepts down that will encourage them and yes, incentivize them to keep this great habit going.  It's one of the best things we've ever put out for free.   And to all parents, we always want to say: You CAN Have Success in the Middle of it ALL The JellyGeneration Team    

Nation of Jake: The News Talk Alternative
Nation of Jake, Thursday 7/11/19

Nation of Jake: The News Talk Alternative

Play Episode Listen Later Jul 11, 2019 84:59


Never Uncap a Hot Radiator, Pelosi vs. AOC, #EqualPay By the Numbers, Iranian Metal Band CONFESS!, Outside Money in the Battle Mayorale, Nationally Syndicated Columnist Ron Hart, Earle Boils Water...reviews Hamilton, and THE NEWS CRUISE!

Bloomberg Businessweek
Tepper Returning Outside Money, The Shrink Next Door Podcast, Amazon Working on Reading Emotions

Bloomberg Businessweek

Play Episode Listen Later May 23, 2019 35:07


Sridhar Natarajan, Bloomberg News Finance Reporter, discusses billionaire David Tepper planning to return money to investors after more than two decades of running his hedge fund. Joe Nocera, Bloomberg Opinion Columnist, talks about his podcast about a story of power, mystery and intrigue called "The Shrink Next Door.” Matt Day, Bloomberg News Technology Reporter, explains how Amazon is developing a voice-activated wearable device that can recognize human emotions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Personal Finance Editor Ben Steverman share the Businessweek cover story about wealth detective Gabriel Zucman's hunt for hidden money that revealed secrets of the rich. And we Drive to the Close with  Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg Businessweek
Tepper Returning Outside Money, The Shrink Next Door Podcast, Amazon Working on Reading Emotions

Bloomberg Businessweek

Play Episode Listen Later May 23, 2019 35:07


Sridhar Natarajan, Bloomberg News Finance Reporter, discusses billionaire David Tepper planning to return money to investors after more than two decades of running his hedge fund. Joe Nocera, Bloomberg Opinion Columnist, talks about his podcast about a story of power, mystery and intrigue called "The Shrink Next Door.” Matt Day, Bloomberg News Technology Reporter, explains how Amazon is developing a voice-activated wearable device that can recognize human emotions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Personal Finance Editor Ben Steverman share the Businessweek cover story about wealth detective Gabriel Zucman’s hunt for hidden money that revealed secrets of the rich. And we Drive to the Close with  Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan 

New Books in Political Science
Sarah Reckhow, "Outside Money in School Board Elections: The Nationalization of Education Politics" (Harvard Education Press, 2019)

New Books in Political Science

Play Episode Listen Later Apr 5, 2019 26:57


Who funds local school board elections? Local residents or major donors living elsewhere? Jeffrey R. Henig, Rebecca Jacobsen, and Sarah Reckhow seek to answer this question in Outside Money in School Board Elections: The Nationalization of Education Politics (Harvard Education Press, 2019). Henig is a professor of political science and education at Teachers College and professor of political science at Columbia University. Jacobsen is an associate professor of education politics and policy in the College of Education at Michigan State University. Reckhow is an associate professor of political science at Michigan State University. Sarah Reckhow joined the podcast to talk about the book. Drawing on a detailed study of elections in five districts (Bridgeport, Connecticut, Denver, Indianapolis, Los Angeles, and New Orleans), Outside Money explores what happens when national issues shape local politics. The authors suggest that the involvement of wealthy individuals and national organizations in school board elections shows the nationalization of local education politics. This nationalization has potentially significant implications for social justice and democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Books in Education
Sarah Reckhow, "Outside Money in School Board Elections: The Nationalization of Education Politics" (Harvard Education Press, 2019)

New Books in Education

Play Episode Listen Later Apr 5, 2019 26:57


Who funds local school board elections? Local residents or major donors living elsewhere? Jeffrey R. Henig, Rebecca Jacobsen, and Sarah Reckhow seek to answer this question in Outside Money in School Board Elections: The Nationalization of Education Politics (Harvard Education Press, 2019). Henig is a professor of political science and education at Teachers College and professor of political science at Columbia University. Jacobsen is an associate professor of education politics and policy in the College of Education at Michigan State University. Reckhow is an associate professor of political science at Michigan State University. Sarah Reckhow joined the podcast to talk about the book. Drawing on a detailed study of elections in five districts (Bridgeport, Connecticut, Denver, Indianapolis, Los Angeles, and New Orleans), Outside Money explores what happens when national issues shape local politics. The authors suggest that the involvement of wealthy individuals and national organizations in school board elections shows the nationalization of local education politics. This nationalization has potentially significant implications for social justice and democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Books in American Studies
Sarah Reckhow, "Outside Money in School Board Elections: The Nationalization of Education Politics" (Harvard Education Press, 2019)

New Books in American Studies

Play Episode Listen Later Apr 5, 2019 26:57


Who funds local school board elections? Local residents or major donors living elsewhere? Jeffrey R. Henig, Rebecca Jacobsen, and Sarah Reckhow seek to answer this question in Outside Money in School Board Elections: The Nationalization of Education Politics (Harvard Education Press, 2019). Henig is a professor of political science and education at Teachers College and professor of political science at Columbia University. Jacobsen is an associate professor of education politics and policy in the College of Education at Michigan State University. Reckhow is an associate professor of political science at Michigan State University. Sarah Reckhow joined the podcast to talk about the book. Drawing on a detailed study of elections in five districts (Bridgeport, Connecticut, Denver, Indianapolis, Los Angeles, and New Orleans), Outside Money explores what happens when national issues shape local politics. The authors suggest that the involvement of wealthy individuals and national organizations in school board elections shows the nationalization of local education politics. This nationalization has potentially significant implications for social justice and democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Books in Politics
Sarah Reckhow, "Outside Money in School Board Elections: The Nationalization of Education Politics" (Harvard Education Press, 2019)

New Books in Politics

Play Episode Listen Later Apr 5, 2019 26:57


Who funds local school board elections? Local residents or major donors living elsewhere? Jeffrey R. Henig, Rebecca Jacobsen, and Sarah Reckhow seek to answer this question in Outside Money in School Board Elections: The Nationalization of Education Politics (Harvard Education Press, 2019). Henig is a professor of political science and education at Teachers College and professor of political science at Columbia University. Jacobsen is an associate professor of education politics and policy in the College of Education at Michigan State University. Reckhow is an associate professor of political science at Michigan State University. Sarah Reckhow joined the podcast to talk about the book. Drawing on a detailed study of elections in five districts (Bridgeport, Connecticut, Denver, Indianapolis, Los Angeles, and New Orleans), Outside Money explores what happens when national issues shape local politics. The authors suggest that the involvement of wealthy individuals and national organizations in school board elections shows the nationalization of local education politics. This nationalization has potentially significant implications for social justice and democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Books Network
Sarah Reckhow, "Outside Money in School Board Elections: The Nationalization of Education Politics" (Harvard Education Press, 2019)

New Books Network

Play Episode Listen Later Apr 5, 2019 26:57


Who funds local school board elections? Local residents or major donors living elsewhere? Jeffrey R. Henig, Rebecca Jacobsen, and Sarah Reckhow seek to answer this question in Outside Money in School Board Elections: The Nationalization of Education Politics (Harvard Education Press, 2019). Henig is a professor of political science and education at Teachers College and professor of political science at Columbia University. Jacobsen is an associate professor of education politics and policy in the College of Education at Michigan State University. Reckhow is an associate professor of political science at Michigan State University. Sarah Reckhow joined the podcast to talk about the book. Drawing on a detailed study of elections in five districts (Bridgeport, Connecticut, Denver, Indianapolis, Los Angeles, and New Orleans), Outside Money explores what happens when national issues shape local politics. The authors suggest that the involvement of wealthy individuals and national organizations in school board elections shows the nationalization of local education politics. This nationalization has potentially significant implications for social justice and democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Top of Mind with Julie Rose
When to Get Therapy, Money and Education Politics

Top of Mind with Julie Rose

Play Episode Listen Later Apr 5, 2019 100:34


Lori Gottlieb, psychotherapist and author of "Maybe You Should Talk to Someone," on when to get a therapist. Jeffrey Henig and Rebecca Jacobsen, authors of "Outside Money in School Board Elections," on money and education politics.

New Books in Public Policy
Sarah Reckhow, "Outside Money in School Board Elections: The Nationalization of Education Politics" (Harvard Education Press, 2019)

New Books in Public Policy

Play Episode Listen Later Apr 5, 2019 26:57


Who funds local school board elections? Local residents or major donors living elsewhere? Jeffrey R. Henig, Rebecca Jacobsen, and Sarah Reckhow seek to answer this question in Outside Money in School Board Elections: The Nationalization of Education Politics (Harvard Education Press, 2019). Henig is a professor of political science and education at Teachers College and professor of political science at Columbia University. Jacobsen is an associate professor of education politics and policy in the College of Education at Michigan State University. Reckhow is an associate professor of political science at Michigan State University. Sarah Reckhow joined the podcast to talk about the book. Drawing on a detailed study of elections in five districts (Bridgeport, Connecticut, Denver, Indianapolis, Los Angeles, and New Orleans), Outside Money explores what happens when national issues shape local politics. The authors suggest that the involvement of wealthy individuals and national organizations in school board elections shows the nationalization of local education politics. This nationalization has potentially significant implications for social justice and democracy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Focal Point
Outside Money Affecting Local Elections, Holy Communion, The Reed Report, Homelessness & Call-Ins

Focal Point

Play Episode Listen Later Apr 4, 2019 54:12


The Water Coolest
Honda plans to invest in GM's AV ambitions, Hortonworks and Cloudera will merge, and Highfields Capital will shut its doors to outside money

The Water Coolest

Play Episode Listen Later Oct 4, 2018 2:13


In today's Minutes: Honda will partner with GM to develop autonomous vehicles as part of a $2.5B deal, Hortonworks and Cloudera will come together in a $5.2B merger, and Highfields Capital is the latest hedge fund to shut its doors. Plus, men slack off when their bonuses are replaced with salary. Shocker. --- Support this podcast: https://anchor.fm/watercoolesthq/support

Founders and Funders
EP 14: Why Founders Should Avoid Outside Money for as Long as Possible

Founders and Funders

Play Episode Listen Later Jul 3, 2018 22:03


Mike Collins has been involved in almost every facet of entrepreneurship, from angel investing and venture capital to new business creation, product launches, and startup incubation. He shares what founders should consider before taking their first outside investment.

Marketing Secrets Video Podcast
Video - Secret #39: How We Went From $0 To $100,000,000 Using Growth Hacking And Sales Funnels (Without Taking On Any Outside Money)

Marketing Secrets Video Podcast

Play Episode Listen Later Sep 20, 2017 13:15


My live presentation from the viral video launch party. On this episode Russell gives a presentation at the viral video launch of how Clickfunnels went from $0 to $100,000,000 using growth hacking and sales funnels. Here are some of the awesome things in this episode: Step by step how Russell was able to grow his business without you outside funds. How he was basically paid to introduce people into the Clickfunnels world. And why funnels are the key to growing your own business without having to take money from venture capitalists. So listen here to hear this awesome presentation that can teach you how to grow your business using sales funnels.

Marketing Secrets (2017)
How We Went From $0 To $100,000,000 Using Growth Hacking And Sales Funnels (Without Taking On Any Outside Money)

Marketing Secrets (2017)

Play Episode Listen Later Sep 20, 2017 13:16


My live presentation from the viral video launch party. On this episode Russell gives a presentation at the viral video launch of how Clickfunnels went from $0 to $100,000,000 using growth hacking and sales funnels. Here are some of the awesome things in this episode: Step by step how Russell was able to grow his business without you outside funds. How he was basically paid to introduce people into the Clickfunnels world. And why funnels are the key to growing your own business without having to take money from venture capitalists. So listen here to hear this awesome presentation that can teach you how to grow your business using sales funnels. ---Transcript--- What’s up everybody, this is Russell Brunson. Welcome to the Marketing Secrets podcast. I am still planning on giving you guys a huge recap of the viral video event, bubble soccer, everything else that went down at the event, because some crazy stuff happened. I’m also trying to get permission from Gary V to let me share some of his presentation with you guys here. So that’s the game plan. If I’m able to do that, you’ll see it soon. And you’ll see my recap soon as well. But this week I’ve got my inner circle here, so I am in there locked away. So what I did want to do is I got the video clip from my presentation at the event about how to go from zero to a hundred million dollars in sales, how we did that by using sales funnels and growth hacking. And it was a shorter presentation, but I think it was really, really cool. I’m sure I talked really, really fast. I was also really tired, I’d only slept one hour the night before. So if it doesn’t make any sense, that’s kind of the context of why. But hopefully it will give you guys some ideas about how to scale a company. You hear me talk about the Dotcom Secrets book a lot. Whoever can spend the most money to acquire a customer wins, and sometimes when you hear that it’s depressing if you don’t have a lot of money, so I’m not going to win. And that’s how I felt, especially when we launched Clickfunnels and we’re competing against two companies, one that had 40 million dollars in funding and one that had over 100 million. How do you do that? And this presentation shows you how we did it. So after we do a little Marketing Secrets intro here, I’m going pick right up with my presentation from the event, I hope you love it. Thanks so much and we’ll talk to you guys soon. I put together this presentation because like I said, the biggest question I get, especially from people who are building their own companies is “how in the world have you grown Clickfunnels so fast without having any money, any capitol, any outside funding at all?” So I put together this presentation this morning. Like I said, I had one hour of sleep last night, then I got up and started working on this presentation. But to kind of walk you through what we did and some of the mind shifts that I think are different that will hopefully help you guys as you’re growing and scaling everything you are doing. So the title of my presentation is how do we use growth hacking and sales funnels to go from zero to a hundred million dollars in less than three years, we’re a week away, without taking any outside funding. So the first thing I want to go over really quickly, for those that didn’t know what I was talking about earlier, I’m going to go over what a funnel is really quick. So what is a funnel? If you look at, actually let me step back. The reason why I want to talk about this is it’s been interesting, I’ve been doing this internet marketing game for 15 years now. This is my 15th year in the business selling all sorts of stuff, and it’s interesting because recently there’s been a whole bunch of books coming out on growth hacking, all these cool new ways to growth hack. And it’s funny because we get the growth hacking books and read them, it’s like, that’s all the internet marketing stuff we’ve been doing for the last decade. And now it’s like, real businesses are catching on, figuring out these things that are really, really cool. So that’s kind of why, my thoughts on this presentation. Showing all these funnel things, this is the growth hacking, this is the movement, this is where things are going that we keep talking about. So what’s a funnel? To explain a funnel, I think the easiest way to begin, is to show what a funnel is not. So this is a traditional style website. This is what Clickfunnels is kind of going against all the time. Most people have traditional websites, they have all sorts of ads. They’re paying for Facebook, Youtube, Google, all these things and they’re driving it into these websites, and it’s literally slamming a whole bunch of people into a brick wall. I know that because this is how I got started. I was trying that thing and it did not work. I always say that a traditional website is kind of like having a really bad sales person who is shy and all they do is hand out brochures, and then pray the person comes back. That’s a traditional website. What a funnel is, is basically having the best salesperson on planet earth, come and meet the person at the front door, find out their name and walk them through the process. Find out what they want, how they want it and giving them exactly what they want. So that’s kind of what a sales funnel is. My whole philosophy in business kind of, like I told you guys in the last presentation, when we started Clickfunnels three years ago, we had two major competitors that we were looking at. Number one had just gotten 43 million dollars in funding and number two had just had over 100 million dollars in funding. I’m coming in with me and Todd and we’re bank rolling it with our big old credit cards and we’re like, “Okay, we’re going against these huge giants that have hundreds of millions of dollars, how are we going to win?” One of my first mentors, Dan Kennedy, he used to say this all the time. “Whoever can spend the most money to acquire a customer wins.” So I’m looking at these companies who have hundreds of millions of dollars in funding and I’m like, I’m screwed. I’m not going to be able to win. These guys could out spend me every single day. And I started looking at this more and more and I didn’t get it at first. It took me a couple of years before I understood this concept of whoever can spend the most money to acquire a customer wins. Like I told you before, I went to college here at Boise State, I wrestled here and I used to carry my buddies on back up and down the football stadium, every single day before practice, this is my hometown. Here in Boise, one thing we’re famous for, those who are not from Idaho, we’re famous for potatoes and the very first product I ever put together was a DVD teaching people how make potato guns. You probably heard me tell this story before, but it was a DVD how to make potato guns. I set it up online, I was learning about internet marketing, it was really simple. I had a one page website, I had Google ads. That’s all that we did back in the day. So I went to Google, started buying ads, I was spending about $10 a day on Google ads, and I was selling a $37 DVD on how to make potato guns. So I spent $10 a day on ads and I usually averaged about one sale per day. So Russell as a college kid was making a whopping $27 per day profit, I was putting into my pocket, which was pretty awesome. And that was kind of my beginning. And then what happened, a little while into this whole game, Google shifted how everything worked and I got in big, big trouble and literally overnight, my website was the same but I went from spending $10 a day in ads to spending $50 a day, overnight. So I was spending $50 a day and sending it to the exact same website, but I was only making one sale. Same thing. So I was losing $13 a day. And my beautiful wife, after about 3 or 4 days of that said, “You have to stop. This is not a good business. This is really, really bad.” So we stopped and eventually had to cut up our credit cards and I thought I’d missed the bubble. I’m like dang it, we missed it. And those are actual pictures of us cutting up our credit cards, back in our first home. About that time I had a friend who was also in the business and he came back and said, “Russell, I think I’ve figured this out. My little website..” He had the same problem. Google raised their prices, algorithms changed, and a bunch of my friends got out of the business. One of my friends came back and he’s like, “I figured it out. I started adding in these things.” He called them OTO’s which stands for one time offer, or basically an upsell. He says, ”I’m charging upsells to my products and I start making more money from every customer, and now I’m able to afford my ads again. I turned my ads back on.”  I was like, “That’s cool, but I don’t know how…How can I do that? I don’t know how to do that.” I was like, “I have a potato gun DVD. What should I do?” and he’s like, “Well, people who buy potato gun DVD’s, what else do they need? How else can you serve them?” And I was like, “Well, we could buy them, the next piece is they have to buy a potato gun kit, so they’d have to buy pipes and a BBQ igniter, all these other pieces.” And he’s like, “Well you should sell a kit.” I’m like, “Well I don’t want to make kits. That would be really not cool.” And he’s like, “See if you can find someone.” So I ended up finding a guy in Northern Idaho who actually was drop shipping potato gun kits, did a partnership with him and I made my very first funnel. This is my funnel transition. So people who buy my DVD, I’d upsell a $200 potato gun kit and we’d send it out in the mail. So what’s cool is I’d turned the Google ads on back in the day, and what happened is I was still spending about $50 a day, but then one out of three people would start buying the potato gun kit. So we did the math on that, one out of three people, means I was averaging about $60 in additional sales with every DVD that I got, that I sold. Which means I was spending about $50 a day on ads, and now I was making $102 in ads, and all the sudden it worked again. That was magic. Literally when I made that shift I went from losing money to making $52 a day in profit. I was like, this is it. Biggest thing in the world. For me obviously, potato guns is a very small market and I didn’t stay there long, but the concept of that rang through my head, I was like this is how it works. And my moral that I learned from this whole experience was that funnels make me money, websites make me broke. So my obsession for the last decade of my life has been this. A lot of you guys have been to my events for the last decade, teaching this concept. Showing you guys, this is the key. So when I started doing this and realizing it, that message I had heard from my mentor kept coming back to my head saying, “Whoever can spend the most money to acquire a customer wins.” That was the key. Whoever can spend the most money to acquire a customer wins. So as we came into this game of Clickfunnels and looking at people with hundreds of millions of dollars in venture capital behind them, I’m like how in the world can we compete with that? I was like, I can’t do it. Head for head they can all outspend me, but if I can build a funnel that’s right, I can change everything. If you look at the reason why we have grown as fast as we have, is because we can literally outspend everyone. We get probably three or four times a week, different people trying to put money into CLickfunnels, and most of these we tell them no, but a couple we’ve entertained because it’s interesting and we’re curious what they think we’re worth, it’s really fun. So we were at lunch this day with this group and I’m talking to the guy and he’s going over everything, and he asks the question they always ask on Shark Tank, “How much does it cost to acquire a customer?” And I hate when people ask this question because he’s not going to get what I’m going to tell him. I was like, “Well we’re running Facebook ads, for the home page, we’re spending about $120 to acquire a free trial member.” And he was like, “Oh that’s amazing, based on that, what I can do is go and put in $50 million in cash and we get this many customers…” and all this stuff and I was like, “Well, well, real quick. We actually turned those ads off.” And he’s like, “You turned those ads off.” And I’m like, “Yeah. I gotta pay for this out of my own pocket. I don’t want to lose $120 every customer.” And he’s like, “Well how are you guys growing fast?” and I said, “ The reason why is because we have funnels.” And I explained to him some of my front end funnels, like my book funnels, some other funnels. I said, “Look, for every single person that comes to one of my funnels, if they buy one of my books, we spend on average about $10-12 on a Facebook ads, or other ad platforms to sell a book, but then through that funnel we average about $32. What happens is we spend $12 and get someone to buy one of our books, we make net, $20 of cash in our pocket, and then we introduce them to Clickfunnels. So every single customer, before we tell them about Clickfunnels, they actually pay us money and we put that money in our pocket.” He’s like, “That doesn’t make any sense.” And I explained it again. And he said, “That doesn’t make sense.” And I explained it three or four times and he stopped and said, “If what you’re saying is true, that will change business forever.” I was like, “That’s my whole message. That’s what we do. That’s what funnels are all about.” So I want to walk you guys really quick through this and then we’re going to have Gary come up here in a minute. But one of the key concepts you guys need to understand, and this a concept we call a break even funnel. Those of my inner circle members who are here, we spent a lot of time on this, but the break even funnel is a funnel where you break even, so you can literally get customers for free. When you have that, you can grow your company as quick, as big, as fast as you want. So we spend a lot of time on that. So this is a break even funnel, where I put a dollar in advertizing in and get at least a dollar back out, and if I’m good at it, I can get two or three dollars back out. Now I’ve got a customer, I’ve got some cash, now we can put them into the other things that we have. A couple of examples of some of our break even funnels, I grabbed these from some slides this morning to show you some examples. This is my Dotcom Secrets book, this is a couple of months ago stats. We got about 5400 leads, we sold 23,095 books, our average cart value during that time was $30.81, so we spent $45,000 in ads, we made $52,000 in sales so our profit was $7,763. Most people would look at a company our size and be like, that is a waste. You just wasted a lot of….you just made $7 grand, that’s not a big deal. But that was to get customers. We got 5400 people that then, the next week we would say, “hey, by the way, there’s this really cool thing called Clickfunnels.” And I got paid $7,000 to get those 5400 people onto my list. That was one of our front end products. This is a split-testing book, same kind of thing. We had 2,000 leads come in last month, 1300 book sold, average cart value was $12. Ads we spent $4000, sales was $18,000, so we made $13,000 but now we got 2000 people that we can introduce to Clickfunnels. So we got paid to get all these customers. One more example is Perfect Webinar, same kind of thing. Leads, sales, I’ll go through this quickly. We made $4000 and got 1600 customers we introduced into Clickfunnels. Now if you walk through those three funnels alone, and we have about a dozen or so front end funnels that we use in different platforms and things, last month from this, basically our front end revenue was $96.000, our ad costs were $81,000, so we netted a whopping $14,000. Most people would be like, “Man Russell, with a company with 120 employees, you’re going to go broke fast.” But what’s amazing about that, is that it brought in literally 30 or 40,000 new people into our world, who then we took them through the rest of our sequence. They’re introduced to us, now we can go and build a relationship with them, talk to them, serve them, help them understand what we do, what we believe, and introduce them to our other products and services. And for us, obviously that is Clickfunnels. So if you look at that, what it means for us, is we literally get almost a thousand trials for free every single day, like clockwork. That comes back to what we talked about before. That’s how we’re able to grow so fast. We can literally outspend everybody in our market. There’s nobody else that can do that. And what’s cool for you guys, whatever business you’re in, that’s the key. Remember whoever can spend the most money to acquire a customer wins, and when you figure that out, it makes it so you can grow really, really quickly. Any kind of business, any kind of venture, anything that you want to do. So that, you guys, is how we use growth hacking and sales funnels to go from zero to a hundred million dollars in just three years without taking on any outside funding. Thank you.

The Marketing Secrets Show
How We Went From $0 To $100,000,000 Using Growth Hacking And Sales Funnels (Without Taking On Any Outside Money)

The Marketing Secrets Show

Play Episode Listen Later Sep 20, 2017 13:16


My live presentation from the viral video launch party. On this episode Russell gives a presentation at the viral video launch of how Clickfunnels went from $0 to $100,000,000 using growth hacking and sales funnels. Here are some of the awesome things in this episode: Step by step how Russell was able to grow his business without you outside funds. How he was basically paid to introduce people into the Clickfunnels world. And why funnels are the key to growing your own business without having to take money from venture capitalists. So listen here to hear this awesome presentation that can teach you how to grow your business using sales funnels. ---Transcript--- What’s up everybody, this is Russell Brunson. Welcome to the Marketing Secrets podcast. I am still planning on giving you guys a huge recap of the viral video event, bubble soccer, everything else that went down at the event, because some crazy stuff happened. I’m also trying to get permission from Gary V to let me share some of his presentation with you guys here. So that’s the game plan. If I’m able to do that, you’ll see it soon. And you’ll see my recap soon as well. But this week I’ve got my inner circle here, so I am in there locked away. So what I did want to do is I got the video clip from my presentation at the event about how to go from zero to a hundred million dollars in sales, how we did that by using sales funnels and growth hacking. And it was a shorter presentation, but I think it was really, really cool. I’m sure I talked really, really fast. I was also really tired, I’d only slept one hour the night before. So if it doesn’t make any sense, that’s kind of the context of why. But hopefully it will give you guys some ideas about how to scale a company. You hear me talk about the Dotcom Secrets book a lot. Whoever can spend the most money to acquire a customer wins, and sometimes when you hear that it’s depressing if you don’t have a lot of money, so I’m not going to win. And that’s how I felt, especially when we launched Clickfunnels and we’re competing against two companies, one that had 40 million dollars in funding and one that had over 100 million. How do you do that? And this presentation shows you how we did it. So after we do a little Marketing Secrets intro here, I’m going pick right up with my presentation from the event, I hope you love it. Thanks so much and we’ll talk to you guys soon. I put together this presentation because like I said, the biggest question I get, especially from people who are building their own companies is “how in the world have you grown Clickfunnels so fast without having any money, any capitol, any outside funding at all?” So I put together this presentation this morning. Like I said, I had one hour of sleep last night, then I got up and started working on this presentation. But to kind of walk you through what we did and some of the mind shifts that I think are different that will hopefully help you guys as you’re growing and scaling everything you are doing. So the title of my presentation is how do we use growth hacking and sales funnels to go from zero to a hundred million dollars in less than three years, we’re a week away, without taking any outside funding. So the first thing I want to go over really quickly, for those that didn’t know what I was talking about earlier, I’m going to go over what a funnel is really quick. So what is a funnel? If you look at, actually let me step back. The reason why I want to talk about this is it’s been interesting, I’ve been doing this internet marketing game for 15 years now. This is my 15th year in the business selling all sorts of stuff, and it’s interesting because recently there’s been a whole bunch of books coming out on growth hacking, all these cool new ways to growth hack. And it’s funny because we get the growth hacking books and read them, it’s like, that’s all the internet marketing stuff we’ve been doing for the last decade. And now it’s like, real businesses are catching on, figuring out these things that are really, really cool. So that’s kind of why, my thoughts on this presentation. Showing all these funnel things, this is the growth hacking, this is the movement, this is where things are going that we keep talking about. So what’s a funnel? To explain a funnel, I think the easiest way to begin, is to show what a funnel is not. So this is a traditional style website. This is what Clickfunnels is kind of going against all the time. Most people have traditional websites, they have all sorts of ads. They’re paying for Facebook, Youtube, Google, all these things and they’re driving it into these websites, and it’s literally slamming a whole bunch of people into a brick wall. I know that because this is how I got started. I was trying that thing and it did not work. I always say that a traditional website is kind of like having a really bad sales person who is shy and all they do is hand out brochures, and then pray the person comes back. That’s a traditional website. What a funnel is, is basically having the best salesperson on planet earth, come and meet the person at the front door, find out their name and walk them through the process. Find out what they want, how they want it and giving them exactly what they want. So that’s kind of what a sales funnel is. My whole philosophy in business kind of, like I told you guys in the last presentation, when we started Clickfunnels three years ago, we had two major competitors that we were looking at. Number one had just gotten 43 million dollars in funding and number two had just had over 100 million dollars in funding. I’m coming in with me and Todd and we’re bank rolling it with our big old credit cards and we’re like, “Okay, we’re going against these huge giants that have hundreds of millions of dollars, how are we going to win?” One of my first mentors, Dan Kennedy, he used to say this all the time. “Whoever can spend the most money to acquire a customer wins.” So I’m looking at these companies who have hundreds of millions of dollars in funding and I’m like, I’m screwed. I’m not going to be able to win. These guys could out spend me every single day. And I started looking at this more and more and I didn’t get it at first. It took me a couple of years before I understood this concept of whoever can spend the most money to acquire a customer wins. Like I told you before, I went to college here at Boise State, I wrestled here and I used to carry my buddies on back up and down the football stadium, every single day before practice, this is my hometown. Here in Boise, one thing we’re famous for, those who are not from Idaho, we’re famous for potatoes and the very first product I ever put together was a DVD teaching people how make potato guns. You probably heard me tell this story before, but it was a DVD how to make potato guns. I set it up online, I was learning about internet marketing, it was really simple. I had a one page website, I had Google ads. That’s all that we did back in the day. So I went to Google, started buying ads, I was spending about $10 a day on Google ads, and I was selling a $37 DVD on how to make potato guns. So I spent $10 a day on ads and I usually averaged about one sale per day. So Russell as a college kid was making a whopping $27 per day profit, I was putting into my pocket, which was pretty awesome. And that was kind of my beginning. And then what happened, a little while into this whole game, Google shifted how everything worked and I got in big, big trouble and literally overnight, my website was the same but I went from spending $10 a day in ads to spending $50 a day, overnight. So I was spending $50 a day and sending it to the exact same website, but I was only making one sale. Same thing. So I was losing $13 a day. And my beautiful wife, after about 3 or 4 days of that said, “You have to stop. This is not a good business. This is really, really bad.” So we stopped and eventually had to cut up our credit cards and I thought I’d missed the bubble. I’m like dang it, we missed it. And those are actual pictures of us cutting up our credit cards, back in our first home. About that time I had a friend who was also in the business and he came back and said, “Russell, I think I’ve figured this out. My little website..” He had the same problem. Google raised their prices, algorithms changed, and a bunch of my friends got out of the business. One of my friends came back and he’s like, “I figured it out. I started adding in these things.” He called them OTO’s which stands for one time offer, or basically an upsell. He says, ”I’m charging upsells to my products and I start making more money from every customer, and now I’m able to afford my ads again. I turned my ads back on.”  I was like, “That’s cool, but I don’t know how…How can I do that? I don’t know how to do that.” I was like, “I have a potato gun DVD. What should I do?” and he’s like, “Well, people who buy potato gun DVD’s, what else do they need? How else can you serve them?” And I was like, “Well, we could buy them, the next piece is they have to buy a potato gun kit, so they’d have to buy pipes and a BBQ igniter, all these other pieces.” And he’s like, “Well you should sell a kit.” I’m like, “Well I don’t want to make kits. That would be really not cool.” And he’s like, “See if you can find someone.” So I ended up finding a guy in Northern Idaho who actually was drop shipping potato gun kits, did a partnership with him and I made my very first funnel. This is my funnel transition. So people who buy my DVD, I’d upsell a $200 potato gun kit and we’d send it out in the mail. So what’s cool is I’d turned the Google ads on back in the day, and what happened is I was still spending about $50 a day, but then one out of three people would start buying the potato gun kit. So we did the math on that, one out of three people, means I was averaging about $60 in additional sales with every DVD that I got, that I sold. Which means I was spending about $50 a day on ads, and now I was making $102 in ads, and all the sudden it worked again. That was magic. Literally when I made that shift I went from losing money to making $52 a day in profit. I was like, this is it. Biggest thing in the world. For me obviously, potato guns is a very small market and I didn’t stay there long, but the concept of that rang through my head, I was like this is how it works. And my moral that I learned from this whole experience was that funnels make me money, websites make me broke. So my obsession for the last decade of my life has been this. A lot of you guys have been to my events for the last decade, teaching this concept. Showing you guys, this is the key. So when I started doing this and realizing it, that message I had heard from my mentor kept coming back to my head saying, “Whoever can spend the most money to acquire a customer wins.” That was the key. Whoever can spend the most money to acquire a customer wins. So as we came into this game of Clickfunnels and looking at people with hundreds of millions of dollars in venture capital behind them, I’m like how in the world can we compete with that? I was like, I can’t do it. Head for head they can all outspend me, but if I can build a funnel that’s right, I can change everything. If you look at the reason why we have grown as fast as we have, is because we can literally outspend everyone. We get probably three or four times a week, different people trying to put money into CLickfunnels, and most of these we tell them no, but a couple we’ve entertained because it’s interesting and we’re curious what they think we’re worth, it’s really fun. So we were at lunch this day with this group and I’m talking to the guy and he’s going over everything, and he asks the question they always ask on Shark Tank, “How much does it cost to acquire a customer?” And I hate when people ask this question because he’s not going to get what I’m going to tell him. I was like, “Well we’re running Facebook ads, for the home page, we’re spending about $120 to acquire a free trial member.” And he was like, “Oh that’s amazing, based on that, what I can do is go and put in $50 million in cash and we get this many customers…” and all this stuff and I was like, “Well, well, real quick. We actually turned those ads off.” And he’s like, “You turned those ads off.” And I’m like, “Yeah. I gotta pay for this out of my own pocket. I don’t want to lose $120 every customer.” And he’s like, “Well how are you guys growing fast?” and I said, “ The reason why is because we have funnels.” And I explained to him some of my front end funnels, like my book funnels, some other funnels. I said, “Look, for every single person that comes to one of my funnels, if they buy one of my books, we spend on average about $10-12 on a Facebook ads, or other ad platforms to sell a book, but then through that funnel we average about $32. What happens is we spend $12 and get someone to buy one of our books, we make net, $20 of cash in our pocket, and then we introduce them to Clickfunnels. So every single customer, before we tell them about Clickfunnels, they actually pay us money and we put that money in our pocket.” He’s like, “That doesn’t make any sense.” And I explained it again. And he said, “That doesn’t make sense.” And I explained it three or four times and he stopped and said, “If what you’re saying is true, that will change business forever.” I was like, “That’s my whole message. That’s what we do. That’s what funnels are all about.” So I want to walk you guys really quick through this and then we’re going to have Gary come up here in a minute. But one of the key concepts you guys need to understand, and this a concept we call a break even funnel. Those of my inner circle members who are here, we spent a lot of time on this, but the break even funnel is a funnel where you break even, so you can literally get customers for free. When you have that, you can grow your company as quick, as big, as fast as you want. So we spend a lot of time on that. So this is a break even funnel, where I put a dollar in advertizing in and get at least a dollar back out, and if I’m good at it, I can get two or three dollars back out. Now I’ve got a customer, I’ve got some cash, now we can put them into the other things that we have. A couple of examples of some of our break even funnels, I grabbed these from some slides this morning to show you some examples. This is my Dotcom Secrets book, this is a couple of months ago stats. We got about 5400 leads, we sold 23,095 books, our average cart value during that time was $30.81, so we spent $45,000 in ads, we made $52,000 in sales so our profit was $7,763. Most people would look at a company our size and be like, that is a waste. You just wasted a lot of….you just made $7 grand, that’s not a big deal. But that was to get customers. We got 5400 people that then, the next week we would say, “hey, by the way, there’s this really cool thing called Clickfunnels.” And I got paid $7,000 to get those 5400 people onto my list. That was one of our front end products. This is a split-testing book, same kind of thing. We had 2,000 leads come in last month, 1300 book sold, average cart value was $12. Ads we spent $4000, sales was $18,000, so we made $13,000 but now we got 2000 people that we can introduce to Clickfunnels. So we got paid to get all these customers. One more example is Perfect Webinar, same kind of thing. Leads, sales, I’ll go through this quickly. We made $4000 and got 1600 customers we introduced into Clickfunnels. Now if you walk through those three funnels alone, and we have about a dozen or so front end funnels that we use in different platforms and things, last month from this, basically our front end revenue was $96.000, our ad costs were $81,000, so we netted a whopping $14,000. Most people would be like, “Man Russell, with a company with 120 employees, you’re going to go broke fast.” But what’s amazing about that, is that it brought in literally 30 or 40,000 new people into our world, who then we took them through the rest of our sequence. They’re introduced to us, now we can go and build a relationship with them, talk to them, serve them, help them understand what we do, what we believe, and introduce them to our other products and services. And for us, obviously that is Clickfunnels. So if you look at that, what it means for us, is we literally get almost a thousand trials for free every single day, like clockwork. That comes back to what we talked about before. That’s how we’re able to grow so fast. We can literally outspend everybody in our market. There’s nobody else that can do that. And what’s cool for you guys, whatever business you’re in, that’s the key. Remember whoever can spend the most money to acquire a customer wins, and when you figure that out, it makes it so you can grow really, really quickly. Any kind of business, any kind of venture, anything that you want to do. So that, you guys, is how we use growth hacking and sales funnels to go from zero to a hundred million dollars in just three years without taking on any outside funding. Thank you.