Mike Winnet is an entrepreneur and a professional Get Rich Quick ad clicker. The people who made the real money in the gold rush weren't digging for gold, they sold shovels. Fast forward to 2019 and the new gold rush is on to discover the magic formula for passive income. Enter the contrepreneurs. Mike has spent half a million pounds on putting the claims of internet marketers to the test in a documentary, from crypto mining to property investments, stock trading to amazon affiliate sites. Today we get to go behind the scenes. Extra Stuff: Subscribe to Mike on YouTube - https://www.youtube.com/mikewinnet Follow Mike on Instagram - https://www.instagram.com/mikewinnet Watch The Contrepreneur Formula Trailer (full episode will be updated here once it's live) - https://youtu.be/ZK1z_rNrhgA Check out everything I recommend from books to products and help support the podcast at no extra cost to you by shopping through this link - https://www.amazon.co.uk/shop/modernwisdom - Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/ModernWisdomPodcast Email: https://www.chriswillx.com/contact
Get rich quick schemes often target individuals who do not want to put effort in, and are marketed as easy and passive income. The ads often feature claims of making easy money without the hard work and are misleading.
The potential of posting viral content is that it expands your reach beyond your usual audience and lets you see the real internet and how people behave on different social media platforms.
The speaker shares his personal checklist for starting and growing a business in the e-learning and content creation sector, with a focus on creating explainer videos and modules related to work-safety, cyber security and similar topics.
The idea of teaching your money-making skills may seem counterintuitive, but many individuals in various industries resort to this path to maximize their profits and maintain their success.
The podcasters discuss their skepticism towards online courses that promote "get rich quick" schemes and the tactics used by their creators to market their products.
The speaker discusses unconventional investments such as cryptocurrency mining and property investment. He also questions the motives of those promoting their investment opportunities.
The speaker expresses concerns about the influence of social media gurus, highlighting the pressure to work hard all the time and the risk of shortening one's lifespan. They also criticize the tendency for people to blindly follow and agree with these gurus.
After attending various events, the speaker noticed that the same script was used by every single speaker, and people were willing to pay extra for a better seat. There was also an unexpected ad for boots during a story.
The excessive hype around self-help these days is blinding people from seeing the real face of several self-proclaimed experts. Many of these gurus are employing unethical tactics and manipulating vulnerable people for their own benefit.
Salespeople at events set up the whole psychology of the event to encourage people to spend their money, even going as far as paying people to make big purchases, and often target vulnerable individuals.
The Contrapreneur formula 2.0 is a new version of the Contrapreneur formula that talks about selling to people and an author's experience with an Amazon best seller blank book trick.
The speaker has become popular for exposing scams of entrepreneurs. However, he cannot help individuals recover their money and has been flooded with emails and messages, making him feel overwhelmed.
The speaker reflects on his previous success with the entrepreneur formula, sharing his thoughts on the extreme reactions it received from different people and how he perceives it in hindsight.
Building a business worth millions and making a successful exit requires a unique set of circumstances including a genuine USP, working hard, taking risks, and a lot of luck.
The podcast host discusses the importance of authenticity and ethical practices in online entrepreneurship, and how it can lead to the rise of good and genuine entrepreneurs in different sectors.
The podcast host expresses interest in doing a deep dive into the strange world of LinkedIn that he discovered from the guest's YouTube content, including a subculture of unusual engagement tactics.