The Playbook With David Meltzer

Latest Episodes:

How to Flip $1,000 into $20,000 in 30 Days Apr 04, 2021

Show notes

If you’re looking to buy low and sell high, one of the best places to start is a market that you’re passionate about. For me, I’ve always been interested in cars, so when I’m looking to create margins in a market that interests me, I look for cars to flip. My typical strategy goes something like this:

If I have $1,000 to start, I will begin researching the fastest-selling cars right around the $3,000 mark. If a specific model car is selling fast, it means that it is likely to be selling for under its fair or intrinsic value. Once I’ve identified those target car models, I reach out to anyone selling them and offer them $1,000 cash for the car and keep offering that deal until I find the right seller. It usually takes a bit to find a person who is motivated to sell, but you need to be consistent and persistent in your pursuit.

Once you’ve purchased that car you believe is worth $3,000, then sell it! Work to get as close to that $2,000 profit as possible. Create that margin! Once you’ve done that, then repeat the process. Apply the exact same strategy and find the fastest-selling cars at $5,000 this time.

The best part about this strategy is that you can apply it wherever your passions lie. Find a market where you can consistently build in margins for yourself, instead of spending your efforts focused on identifying when the markets dip and peak.

Tweet me @davidmeltzer your favorite takeaway from today's episode and come ask me questions live every Friday at 11:00 am PST / 2:00 pm EST. Text me at (949) 298-2905 or email me at david@dmeltzer.com to join!

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Christina Russell: CEO, Sola Salon Studios | #ThePlaybook 385 Apr 03, 2021

Show notes

Christina Russell, CEO of Sola Salon Studios and CEO of The Woodhouse Day Spas, talks about how a suggestion from her husband sparked her interest in franchise businesses and serendipitously led her to entrepreneurship, as well as recent trends in the beauty industry.

Russell and host of #ThePlaybook, David Meltzer, chat about a variety of subjects including why having the right team is essential for creating “thoughtful growth”, identifying the right niches to fill, and how their franchises were able to adapt to challenges presented by COVID-19. Christina also shares her three biggest takeaways about leadership, especially for being a successful leader in a franchise business.

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Understanding Your Relationship to Money | Interview on The Kara Goldin Show Apr 02, 2021

Show notes

Today's episode is from my appearance on The Kara Goldin Show! Kara and I are going to discuss my early relationship to money and how I lost over $100 million dollars, how to embrace your mistakes and learn the lessons from them, and why you need to stop putting faith into what other people want for you.

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Arnold Donald: CEO, Carnival Corporation | #ThePlaybook 384 Apr 01, 2021

Show notes

On this episode of #ThePlaybook, Arnold Donald, President and CEO of Carnival Corporation, sits down to discuss:

[4:40] - Why he turned down Ivy League schools and West Point in favor of attending Carleton College
[9:00] - Why a successful business “rises all tides” along with it
[21:52] - What it means to elevate your standards of social justice and why it’s so valuable
[23:48] - How to react when someone seemingly doesn’t fit in the culture

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5 Steps to Increase Your Sales Mar 31, 2021

Show notes

5 Steps to Thrive in Your Business

1. ) Stimulate Interest: Stimulate interest for availability, then stimulate interest for your business.
2. ) Transition the Interest: Emotionally connect with who you’re targeting. Then transition through professional collateral and an explanation of true value.
3. ) Share the Vision: Share the vision of true value. You want to demonstrate the value you’ll be providing in relation to the customer’s personal values, experience values, giving, and receiving values. Make them see the win-win situation.
4. ) Manage and Develop the Vision: Manage and develop a vision by providing the value that you promised. Don’t oversell, rather help them manage and develop their expectations.
5. ) Thrive: Make a lot of money, help a lot of people, and have a lot of fun!

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Jim Huether: CEO, Hyperice | #ThePlaybook 383 Mar 30, 2021

Show notes

On this episode of #ThePlaybook, Jim Huether, CEO of Hyperice, shares his thoughts on:

[1:05] - How he’s been able to remain focused in the face of doubters over the years
[11:09] - Why investing in Hyperice is attractive for top athletes like Patrick Mahomes and Naomi Osaka
[14:31] - The details behind the aggressive approach that made 2020 the best year for his company
[19:52] - His two most vital goals for Hyperice to achieve in 2021

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Coaching Session and Q&A | Road to Revenue #53 Mar 29, 2021

Show notes

We've got another episode in the Road to Revenue series! Today's episode is an hour long coaching session and live Q&A that I hosted on Friday for my Free Weekly Trainings. I answered as many questions as I could and even took some live questions on Clubhouse.

Click here to follow the Road to Revenue playlist on Spotify

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Understanding the Past, Present, and Future Mar 28, 2021

Show notes

Today's episode is a rapid fire coaching session I did with my two favorite coaching clients, Alan Lazaros and Kevin Palmieri of Next Level University. The three of of discussed, how to raise your awareness to understand the past, present, and future.

We also talked about the reason why people don't like being wrong, and how to invest in your future by investing in your past.

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Ed Karr: Chairman, U.S. Gold Corp | #ThePlaybook 382 Mar 27, 2021

Show notes

Ed Karr, Chairman of U.S. Gold Corp, shares his thoughts on what attracted him to the gold exploration sector, as well as how technological advancements and new tools have impacted the industry in recent years.

Karr and host of #ThePlaybook, David Meltzer, chat about a variety of topics including why the seasons impact gold prices, how U.S. Gold Corp determines whether a mining project makes sense, and their thoughts on the increasing popularity of speculative assets like Bitcoin. The pair also discuss the impact that a “proved out” discovery has on the company and why Ed compares their CEO to Tom Brady.

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Should I Be Making More Money? | #AskDavidMeltzer 30 Mar 26, 2021

Show notes

If someone asked you what you did to make money could you answer it? If you can't quickly answer what you are doing to make money then that is your #1 issue. Focus on providing $100 worth of value, and only ask for $20 in return, and guarantee it!

If you provide value, the revenue will come.

If you want me to answer your question on the podcast, tweet me @davidmeltzer, or email me a video of you asking me a question at david@dmeltzer.com and I will answer it for a future episode!

Come ask me questions live every Friday at 11:00 am PST / 2:00 pm EST during my Free Training. Text me at (949) 298-2905 or email me david@dmeltzer.com

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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