Found this graphic recently showing the difference in what the rich and poor spend their money on. It's pretty self explanatory... I have to admit when I was younger I spent everything I earned on cars and having a good time (the poor). Then at around 24 I started buying land and houses (the middle class). I tried to make a living with a bunch of different businesses but all I was doing was buying myself a job. And I wasn't very successful at that anyway, and they needed y constant attention (still middle class). It's only in the last few years I've started to produce business assets that generate income without my constant attention. Work one time. Get paid over and over again. But without all the hassles of running a traditional business (managing staff, paying wages, dealing with suppliers and creditors, borrowings, rents and leases, etc.). Producing digital assets (using other people's Trash Can Assets) and deploying them as Digital Vending Machines (into other people's buyer flow) has all of the benefits of business ownership, with virtually none of the drawbacks. It's gotta be one of the best un-business opportunities around...

I have updated Step 3: Repurpose Their Content - by adding a link to a new page on How To Pre-Qualify the people who we offer our Digital Vending Machines to so we attract the perfect audience while repelling everybody else. This is so profound I have added a new page to give you a step by step tutorial on how to do it. Here's the core of the idea: Our free Digital Vending Machines must be designed to pre-qualify people who are inclined to buy the products we are going to offer them, and REPEL everybody else. If we give away our Vending Machines to people who are never going to buy the products we are promoting, we are wasting valuable Time, Energy and Money on vanity metrics (list size, open rates) instead of laser targeting the exact people who we can help. The updated Step 3 page is here: https://www.skool.com/digital-asset-profits-5163/classroom/cd7b7ce7?md=0ba386e7711d4ccaa12cbc704b098e63 The new page with the step by step tutorial on how to do this is here: https://www.skool.com/digital-asset-profits-5163/classroom/cd7b7ce7?md=24363ac3b6f2458e9cb30756802fad77 I'd love to see what you come up with by using this formula. And if you'd like my help to create a Digital Vending Machine for your offer or for a partner's offer, DM me and let me know what you have in mind.

So we've found (or created) some great content, we've done something to it to turn it into a Digital Vending Machine, and we've put it in front of an audience (either the content owner's or somebody else's audience). Now what? Well we could do the same thing again with another content owner, or we could go deeper into the well we've already dug to mine out some more gold... Since we have already built a relationship with our content owner, most of the time they will be happy to see what else we can do for them, particularly if it doesn't take away any of their Time, Energy or Money, and we are making them look better to their audience (enhancing their Identity and Reputation). The odds are about 100% that they are not monetising their audience to its fullest potential. That's where we can come in and create new profit centres for them and share in the profits we generate. There are 50 different things we can do, but probably the best place to start would be to help them to sell a high ticket program to their existing customers. To give you an example of what I am talking about, here's a Case Study from one of the members in a Mastermind Group I participate in. ______________________ I don’t back donkeys... I’m not the best closer. I’m not the best copywriter. I’m not even the best marketer in this group. But here’s what I am good at: Knowing which horse to back. One of my partners runs a mastermind. 50–60 seats a year. That’s it. We’ll do over $2M in sales in the next few months just from this offer. It’s not hard to sell. No 5011 step funnel or chasing broke leads Just a Google doc and a handful of emails to his best customers. Why? Because the demand, scarcity, and value are already there. The real game is just picking the right horse to begin with. When you choose right, the work feels almost unfair. When you choose wrong, no amount of hustle saves you (Latest deposit) ___________________ You can see a screen shot of his latest deposit below. His commission check for closing these high ticket sales was US$12,500

I haven't mentioned this yet but this group is one part of a product creation and distribution ecosystem that is going to help everybody to make more money. Here's how... Currently the other half of that ecosystem is the Product Launch Mastery group, where I show members how to launch digital products and prepare them to become Digital Vending Machines. How does this help you? All of the members of the Product Launch Mastery group will be interested in licensing their content and/or products to others so you can create your Digital Vending Machines. They will offer you licensing rights to use their content so you can get paid affiliate commissions or resell their products as licensees, and in return they'll receive royalties and more distribution, more customers, and more backend sales (which you may also be paid for). I'm going to add a new thread here called Licensing Opportunities where products you can license will be listed, and you will be able to choose what you want to use based on the audience you serve. If you would like licensing rights a particular type of product that is not available, please post a request in the General Discussion thread and while I can't guarantee anything, I'll see what I can do to get something lined up for you. I think you will find the ability to find pre-screened products with licensing rights super valuable as both groups grow. You can check out and join the Product Launch Mastery group here to see what we have going on. I plan on having this available for you over the next couple of weeks. It will be starting small but growing over time. If you have any questions or thoughts on how I can make it more valuable for you, please comment below. For now, I would like to know if you will be interested in using this new ability to find pre-screened products you can license out to create Digital Vending Machines. Please vote below:

Love this quote from James Clear, Author of Atomic Habits "You are richer than 93 percent of people. Not in money, but in time. "Over 108 billion people have lived throughout history. 93 percent of them are dead. "You have what every king and queen, every pharaoh and ruler, every CEO and celebrity of the past would give all their wealth and power for: "Today."