Episode 137
Growth Hacking Your Wealth: How Business Owners Can Build High Net Worth with Greg Cassar
In this episode of Biz Bites for Thought Leaders, host Anthony sits down with renowned growth hacker and founder of the Collective Mastermind, Greg Cassar.
Greg, who has helped countless business owners scale their businesses and become high net worth individuals, shares his "dual black belt" approach to both mentoring and investing.
Get ready to learn how to:
- Leverage AI and blockchain technologies to create wealth.
- Build multiple income streams for true financial freedom.
- Design a business that gives you your life back.
Don't miss out on this episode packed with actionable tips!
Listen now and subscribe to "Biz Bites for Thought Leaders" for more essential insights!
***
Connect with Greg on LinkedIn: https://www.linkedin.com/in/gregcassar/
Check out his website here: https://collective.com.au/
DON'T FORGET...
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#growthtips #businesstips #podcastforbusinessleaders #podcastforthoughtleaders #podcastshow #growthstrategy #businesstalk
Transcript
Anthony Perl: Growth Hacking your
Speaker:wealth, how business owners can build
Speaker:high net worth.
Speaker:Welcome to Biz Bites for Thought
Speaker:Leaders, where we are gonna deliver
Speaker:some more actionable insights to help you
Speaker:grow your business and influence.
Speaker:I'm Anthony Perl, your host, and
Speaker:I'm joined today by Greg Cassar,
Speaker:who is a renowned growth hacker.
Speaker:That's right.
Speaker:A growth hacker.
Speaker:He's the founder of the Collective
Speaker:Mastermind and he's helped countless
Speaker:business owners scale their
Speaker:companies and transition into
Speaker:high net worth individuals.
Speaker:Through his dual black belt approach.
Speaker:Standby for that one.
Speaker:And his approach to business is not just
Speaker:about mentoring in that way, it's also
Speaker:about investing.
Speaker:So if an episode you don't want
Speaker:to miss, you're gonna discover
Speaker:how to leverage AI and blockchain
Speaker:technologies for wealth creation, how
Speaker:to build multiple income streams
Speaker:for financial freedom and design
Speaker:a business that gives your life.
Speaker:Back.
Speaker:So as we dive into this episode of Biz
Speaker:Bites for Thought Leaders, make sure
Speaker:you have pen and paper in hand.
Speaker:There are so many tips in
Speaker:this episode.
Speaker:You do not want to miss it.
Speaker:Hello everyone and welcome to another
Speaker:episode of Biz Bites for Thought
Speaker:Leaders, and I truly have someone who
Speaker:is going to dazzle.
Speaker:I have no doubt we've just had a
Speaker:brief conversation off air and I'm so
Speaker:looking forward to this and unraveling
Speaker:so many things that Greg has to
Speaker:bring to the party.
Speaker:But Greg, firstly, welcome
Speaker:to the program.
Greg Cassar:Thank you, Anthony,
Greg Cassar:for having me.
Greg Cassar:I'm excited to be here.
Greg Cassar:Anthony Perl: Look, why don't
Greg Cassar:you start off by introducing yourself
Greg Cassar:to everyone?
Greg Cassar:Greg Cassar: Sounds good.
Greg Cassar:Like most people know me, so I'm
Greg Cassar:Greg Cassar.
Greg Cassar:Most people know me as a marketer.
Greg Cassar:I'm a growth hacker, so I'm very good at
Greg Cassar:scaling businesses.
Greg Cassar:It's been my background and
Greg Cassar:technology, but in more recent years,
Greg Cassar:I got good at investing and then
Greg Cassar:been helping other people to do that,
Greg Cassar:and it's really been life changing.
Greg Cassar:Some people would say, I've got lucky,
Greg Cassar:but I think luck is labor under
Greg Cassar:correct knowledge.
Greg Cassar:You kind of engineer that, to
Greg Cassar:happen yourself.
Greg Cassar:So as a result of getting good
Greg Cassar:at cash flow with businesses and then
Greg Cassar:building large nest eggs, I was able
Greg Cassar:to figure out where I wanted to live
Greg Cassar:in life and how I wanted to live.
Greg Cassar:And so like I moved to Byron Bay and a
Greg Cassar:surf every day and that kind of thing.
Greg Cassar:And so designed a pretty cool
Greg Cassar:lifestyle that works as a long term,
Greg Cassar:great work life balance as a result.
Anthony Perl:I love that term
Anthony Perl:growth hacker.
Anthony Perl:It sounds good.
Anthony Perl:Yeah.
Anthony Perl:And, but that's the first challenge
Anthony Perl:is though, it's one thing to do
Anthony Perl:it for yourself.
Anthony Perl:It's another thing to do it
Anthony Perl:for other people.
Anthony Perl:So how difficult was that transition?
Greg Cassar:Because I was running
Greg Cassar:an agency first.
Greg Cassar:I was in a day.
Greg Cassar:I was in a day job.
Greg Cassar:Actually, what happened was I was
Greg Cassar:designing computer networks for banks
Greg Cassar:and insurance companies, that
Greg Cassar:kind of thing.
Greg Cassar:My client, who was a large seal
Greg Cassar:manufacturer, they came to me and
Greg Cassar:they said, Hey, we want to put
Greg Cassar:in these large array of discs.
Greg Cassar:I realized that it wasn't gonna work
Greg Cassar:for them, and they were gonna run out,
Greg Cassar:stroke, run out within six months.
Greg Cassar:So I did this upsell.
Greg Cassar:I was studying sales and marketing.
Greg Cassar:I did an upsell for them and made my
Greg Cassar:company that I was working for in my
Greg Cassar:day job, an extra million dollars.
Greg Cassar:And they said, you're gonna
Greg Cassar:go far in this company, you're
Greg Cassar:gonna be rewarded.
Greg Cassar:And I thought it's either a car or
Greg Cassar:a promotion or something like that.
Greg Cassar:And, but what happened was they
Greg Cassar:gave me a $200 Maya gift voucher
Greg Cassar:as a result from them, an extra
Greg Cassar:million dollars.
Greg Cassar:And I was gutted at the time and my
Greg Cassar:wife went and spent it on clothes and
Greg Cassar:stuff at the shop.
Greg Cassar:I realized, sometimes life
Greg Cassar:happened for you, not to you.
Greg Cassar:And that was exactly the motivation I
Greg Cassar:needed to get out of the day job.
Greg Cassar:And I ran a marketing agency.
Greg Cassar:And so to, to your question, like
Greg Cassar:I got experience working in a whole
Greg Cassar:bunch of other people's businesses
Greg Cassar:as well as my own businesses.
Greg Cassar:And so it was a great, in a way,
Greg Cassar:getting paid to learn when
Greg Cassar:I was young and then just went
Greg Cassar:on from there to running an agency.
Greg Cassar:Then being a coach as well, I've got
Greg Cassar:two businesses in the e-com space
Greg Cassar:travel deals based out of the US with
Greg Cassar:three business partners and that's
Greg Cassar:a, yeah, that and investing are
Greg Cassar:the main things that I do now,
Anthony Perl:it's a big shift, and
Anthony Perl:I know someone else, who's been
Anthony Perl:in the marketing space and run a
Anthony Perl:marketing agency for many years.
Anthony Perl:What's interesting about that space
Anthony Perl:is there aren't many people who
Anthony Perl:still say, I run a marketing agency.
Anthony Perl:Everyone used to run a marketing agency.
Anthony Perl:Because it's all adapted, right?
Anthony Perl:It's become so much more specialized
Anthony Perl:than it was.
Anthony Perl:That generalist marketing agency
Anthony Perl:approach is very difficult to sustain
Anthony Perl:over a longer period of time because it
Anthony Perl:has become niched.
Anthony Perl:Agreed.
Anthony Perl:I think there's so
Greg Cassar:much to know in that
Greg Cassar:space also from a like work life
Greg Cassar:balance and just I call it the coolness
Greg Cassar:factor in work and in business.
Greg Cassar:Coolness factor equals income
Greg Cassar:divided by stress.
Greg Cassar:And with a marketing agency, say you or
Greg Cassar:my client, every time we had a
Greg Cassar:meeting, I would walk away with a
Greg Cassar:whole bunch of jobs, whereas if we were
Greg Cassar:a coach in, I was your coach, then you
Greg Cassar:would walk away with the jobs and then
Greg Cassar:we would meet back and see how you're
Greg Cassar:going on them.
Greg Cassar:So it's a little thing,
Greg Cassar:but it's a big.
Greg Cassar:Thing.
Greg Cassar:So I think a marketing agency
Greg Cassar:is a great business to run as a
Greg Cassar:stepping stone into other better
Greg Cassar:business models.
Greg Cassar:But, and I know you've done it as
Greg Cassar:well with the agent on the agency front,
Greg Cassar:it really is an amazing learning
Greg Cassar:environment because you get to see
Greg Cassar:a broad spectrum of businesses
Greg Cassar:that you wouldn't normally see on
Greg Cassar:just on your own.
Anthony Perl:Yeah, it is an interesting
Anthony Perl:thing and we were talking off air
Anthony Perl:beforehand about the fact that, my
Anthony Perl:background was in the media and what's
Anthony Perl:really interesting about when I worked
Anthony Perl:in the media, it's so different to
Anthony Perl:working in an agency environment because
Anthony Perl:what happens in the media is you
Anthony Perl:walk in and you start your shift.
Anthony Perl:And particularly if you're working in a
Anthony Perl:newsroom, you have a certain amount
Anthony Perl:of stories that you have to write
Anthony Perl:that have to go to air by a certain
Anthony Perl:time, like on the.to the second.
Anthony Perl:And then once that news
Anthony Perl:bulletin is done.
Anthony Perl:You are then working towards the next
Anthony Perl:one, and whether it's a program or
Anthony Perl:a news bulletin, it's pretty similar.
Anthony Perl:So you walk away at the end of the day
Anthony Perl:with stuff is done and you start almost
Anthony Perl:with a clean slate for the next day.
Anthony Perl:Sometimes there's, if you are running
Anthony Perl:a show, it might be preparing for
Anthony Perl:an interview or something that's
Anthony Perl:coming up, but there's this real
Anthony Perl:definitive line of things that happen
Anthony Perl:and come in and out.
Anthony Perl:Whereas when you start working, not
Anthony Perl:just in an agency, but in most work
Anthony Perl:environments.
Anthony Perl:There are things that take long
Anthony Perl:periods of time, sometimes months,
Anthony Perl:sometimes years.
Anthony Perl:Yes, there are things that drag
Anthony Perl:from day to day and priorities
Anthony Perl:shift on a daily basis because
Anthony Perl:this comes in and that comes in.
Anthony Perl:It's a really quite different to that
Anthony Perl:media environment.
Greg Cassar:Sure.
Greg Cassar:Absolutely.
Greg Cassar:Yeah, it's interesting what
Greg Cassar:you're doing with with your new
Greg Cassar:business and we both were agency
Greg Cassar:and then now morphed out of it.
Greg Cassar:So shows the progression.
Greg Cassar:Anthony Perl: Yeah, absolutely.
Greg Cassar:So let's talk a little bit
Greg Cassar:more about that morphing out of it.
Greg Cassar:How did that come about then that you
Greg Cassar:started realizing.
Greg Cassar:The need to invest and to
Greg Cassar:do more beyond what the agency
Greg Cassar:was giving you.
Greg Cassar:Yeah.
Greg Cassar:Sometimes to know and not to do
Greg Cassar:is not to know.
Greg Cassar:So like I all along knew that I was
Greg Cassar:a business owner and I should be
Greg Cassar:investing, and I saw my superannuation
Greg Cassar:and it was growing in like 10% a year.
Greg Cassar:But then I realized, hang on a second,
Greg Cassar:the inflation's a couple of
Greg Cassar:percent, and then I had a couple
Greg Cassar:of percent fees.
Greg Cassar:So it was actually growing at 3%
Greg Cassar:a year, not 10, when I really
Greg Cassar:got down to it.
Greg Cassar:And so for a 10 or 12 year period
Greg Cassar:there, I was going nowhere.
Greg Cassar:And that was like a big aha that
Greg Cassar:I needed to do something smarter.
Greg Cassar:So I started every, I've got this
Greg Cassar:concept of the dual black belt.
Greg Cassar:So get your black belt at.
Greg Cassar:Business, sales, marketing.
Greg Cassar:So get good at that side.
Greg Cassar:And then also focus on getting a black
Greg Cassar:belt in investing.
Greg Cassar:And for me, the real turning point was
Greg Cassar:in 2017, I just, I would, I'd been
Greg Cassar:started to learn about Bitcoin and I
Greg Cassar:remember just waking up in the middle
Greg Cassar:of the night, like 3:17 AM I still
Greg Cassar:remember seeing it on the clock, and
Greg Cassar:I was just like.
Greg Cassar:I've just really understood Bitcoin,
Greg Cassar:the digital gold concept and the
Greg Cassar:fact that there was a maximum supply
Greg Cassar:of 21 million and the demand was only
Greg Cassar:going to get bigger and that it would
Greg Cassar:effectively by buying that asset,
Greg Cassar:it was just going to keep appreciating
Greg Cassar:effectively forever.
Greg Cassar:And so that was a life-changing
Greg Cassar:thing for me.
Greg Cassar:I woke my wife up.
Greg Cassar:To say she wasn't as excited about
Greg Cassar:it as me was an understatement,
Greg Cassar:I would say.
Greg Cassar:But yeah, from that point onwards, that
Greg Cassar:was a real changing point in my life.
Greg Cassar:And as an investor and as an
Greg Cassar:entrepreneur, like you'll hear someone
Greg Cassar:who's not very wealthy, they'll
Greg Cassar:say, you need to be diversified into
Greg Cassar:a whole bunch of different asset
Greg Cassar:classes and all this sort of thing.
Greg Cassar:But all my high net worth friends,
Greg Cassar:they all say the same thing of spar
Greg Cassar:as there's certain times in your
Greg Cassar:career, whether it's in business
Greg Cassar:or investing, where you just have to
Greg Cassar:back yourself and push all your chips
Greg Cassar:in and go for it.
Greg Cassar:And for me, that was with Bitcoin.
Greg Cassar:And I did that in 2017.
Greg Cassar:And I'd love to say it was an
Greg Cassar:easy journey, but it wasn't
Greg Cassar:like sometimes I was really up
Greg Cassar:and sometimes I was really down,
Greg Cassar:but I had that conviction and
Greg Cassar:that knowledge and that understanding,
Greg Cassar:and I knew that one Bitcoin was
Greg Cassar:going to end up multiple millions
Greg Cassar:of dollars and I was getting them for.
Greg Cassar:$8,000 $14,000, $90,000, that
Greg Cassar:kind of thing.
Greg Cassar:So I backed up the track and went hard
Greg Cassar:at it, and yeah, and then turned
Greg Cassar:a small amount of money into a large
Greg Cassar:amount of money into multiple millions.
Greg Cassar:Really?
Greg Cassar:Over, yeah, over a couple of years.
Greg Cassar:So it's been a crazy journey.
Greg Cassar:And then from there.
Greg Cassar:Started helping others with
Greg Cassar:that as well.
Greg Cassar:Primarily, people come to me like
Greg Cassar:with the collective master owners who
Greg Cassar:are business owners who want to grow
Greg Cassar:their business.
Greg Cassar:'cause that's been my background.
Greg Cassar:But in more recent years, I've been
Greg Cassar:more helping people with, okay,
Greg Cassar:then they might have a normal
Greg Cassar:superannuation.
Greg Cassar:What about if you changed that over
Greg Cassar:to superannuation to a to an SMS?
Greg Cassar:And then there's, how do you then
Greg Cassar:make it grow so that it grows at
Greg Cassar:30 or 40% instead of that 10 or 12%?
Greg Cassar:And one key thing there was the
Greg Cassar:whole concept of, do you know who
Greg Cassar:Wayne Gretzky is?
Greg Cassar:Anthony?
Greg Cassar:Absolute yes.
Greg Cassar:Yeah.
Greg Cassar:The skate, so basically for, I
Greg Cassar:think you know it, but for those who
Greg Cassar:don't know it, the Wayne Gretzky, he
Greg Cassar:is a famous ice hockey player and
Greg Cassar:he was getting interviewed and
Greg Cassar:they said, like, why are you the best?
Greg Cassar:And he said, it's easy because
Greg Cassar:everyone else skates to where
Greg Cassar:the puck is.
Greg Cassar:And I skate to where the puck is going.
Greg Cassar:And because I understood
Greg Cassar:technology really well, I
Greg Cassar:was able to see.
Greg Cassar:Technology trends that were happening
Greg Cassar:before the masses.
Greg Cassar:So with blockchain, so things like
Greg Cassar:Bitcoin, et cetera.
Greg Cassar:And then also now, like the.com boom
Greg Cassar:is effectively happening all
Greg Cassar:over again, but it's an AI and
Greg Cassar:blockchain boom.
Greg Cassar:And so by understanding what
Greg Cassar:are the winning technologies are,
Greg Cassar:being able to invest in those things
Greg Cassar:and then really ride them up at,
Greg Cassar:20, 30, 40, and sometimes 50% growth
Greg Cassar:instead of what most people are getting
Greg Cassar:eight, nine tens.
Greg Cassar:And if you compound year after year.
Greg Cassar:That can really make a difference.
Greg Cassar:I found,
Anthony Perl:I'm gonna come back to
Anthony Perl:the AI thing in a moment, but it'd
Anthony Perl:be remiss of me not to ask then saying,
Anthony Perl:okay, where is the next big thing if
Anthony Perl:AI is, we are in it at the moment.
Anthony Perl:Yes.
Anthony Perl:Is there another thing that's on
Anthony Perl:the back of that?
Greg Cassar:I would say that this
Greg Cassar:AI boom, like over the next five to
Greg Cassar:10 years between AI and blockchain,
Greg Cassar:crypto, there is a massive opportunity
Greg Cassar:for wealth creation.
Greg Cassar:So on the blockchain side, there's
Greg Cassar:things like Bitcoin obviously we spoke
Greg Cassar:about, which is digital gold.
Greg Cassar:And then there's other, it's really
Greg Cassar:just about figuring out, hey, what
Greg Cassar:are the winners?
Greg Cassar:And so there's technologies like.
Greg Cassar:Solana, which is a layer one
Greg Cassar:blockchain, which basically, if you
Greg Cassar:think about it so many other financial
Greg Cassar:apps are getting built on top of it,
Greg Cassar:and it does 80% of the compute that
Greg Cassar:compared to all the other blockchains.
Greg Cassar:So that that's an example of a winner.
Greg Cassar:But then in the AI side you've got
Greg Cassar:things like Nvidia, which is, they do
Greg Cassar:make 80% of the GPUs, so the chips
Greg Cassar:that power ai the brains behind ai.
Greg Cassar:You've got things like that.
Greg Cassar:Then there's other companies like
Greg Cassar:Tesla who's really leading the world
Greg Cassar:in real world ai.
Greg Cassar:So if you think about a modern
Greg Cassar:Tesla car, if it can navigate around
Greg Cassar:on its own, it's effectively like a
Greg Cassar:robot that drives.
Greg Cassar:And then you've got things like
Greg Cassar:robo taxis which have just come out
Greg Cassar:this year, and it's like an Uber but
Greg Cassar:no driver and one third of the cost.
Greg Cassar:And then next year you've got
Greg Cassar:things like the Optimus humanoid
Greg Cassar:robot coming out.
Greg Cassar:And so that's an example of a real
Greg Cassar:world AI company that is just going
Greg Cassar:to multiply over and over again.
Greg Cassar:That's what I mean by just figuring
Greg Cassar:out, hey, who are likely to be the
Greg Cassar:winners in those two different
Greg Cassar:categories.
Greg Cassar:And then playing the long game
Greg Cassar:knowing that, hey, sometimes I'm gonna
Greg Cassar:be really up, and then there's gonna
Greg Cassar:be some adjustments and that's okay.
Greg Cassar:And then just removing all emotion
Greg Cassar:from it and then just really playing
Greg Cassar:the long game and doing it in both
Greg Cassar:personal as well as then doing it
Greg Cassar:in SMSF as well, so you can get both
Greg Cassar:growing over time.
Anthony Perl:I guess for those
Anthony Perl:who are not not familiar with it,
Anthony Perl:SMSF, self-managed super fund?
Anthony Perl:Yes, definitely.
Anthony Perl:And not in if you're not in Australia,
Anthony Perl:I suppose the best way I, dunno that
Anthony Perl:it exists everywhere like this, but
Anthony Perl:it's basically a percentage of your
Anthony Perl:earnings that needs to be put away
Anthony Perl:into a fund that is going to, only
Anthony Perl:be available to you once you retire.
Anthony Perl:Agreed.
Anthony Perl:That's probably the simple way of
Anthony Perl:explaining it to people who may not
Anthony Perl:be familiar with what superannuation
Anthony Perl:is, who are listening in a 401k
Anthony Perl:that you manage yourself Yes.
Anthony Perl:For the Exactly.
Anthony Perl:Yes.
Greg Cassar:Yeah.
Anthony Perl:And I think that one
Anthony Perl:of the interesting points that you
Anthony Perl:made about the Wayne Re, Wayne
Anthony Perl:Gretzky reference, and it's how do
Anthony Perl:you know where things are going?
Anthony Perl:Is that an instinct?
Anthony Perl:For you?
Anthony Perl:Or is that something that requires a
Anthony Perl:lot of study and talking to, and how
Anthony Perl:do you come up with where you think
Anthony Perl:things are going?
Anthony Perl:I
Greg Cassar:think once you get good
Greg Cassar:at this kind of tech investing, it
Greg Cassar:really becomes like cheating in a way.
Greg Cassar:So I spend an hour a day researching and
Greg Cassar:learning and just investing in myself.
Greg Cassar:So that's like the first piece
Greg Cassar:of the puzzle.
Greg Cassar:And then.
Greg Cassar:History also tells stories.
Greg Cassar:So I'll look at what are the highest
Greg Cassar:producing or highest growth assets over
Greg Cassar:the last 10 years, over the last five
Greg Cassar:years, over the last four years.
Greg Cassar:And then out of those, what of
Greg Cassar:them are really positioned well?
Greg Cassar:They've got a roadmap of things
Greg Cassar:that are coming out that are, that
Greg Cassar:are very exciting.
Greg Cassar:Another.
Greg Cassar:A simple area for people to focus
Greg Cassar:on is like the Magnificent seven.
Greg Cassar:Which then has your Microsofts
Greg Cassar:and Meta, so which is Facebook and
Greg Cassar:Amazon, et cetera.
Greg Cassar:Those 'cause those tech stocks that
Greg Cassar:are very AI enabled.
Greg Cassar:Effectively, they're going to
Greg Cassar:win over and over again because
Greg Cassar:they've just got such a competitive
Greg Cassar:advantage over, over smaller
Greg Cassar:companies now.
Greg Cassar:So that's where I think investing
Greg Cassar:just gets very easy once you
Greg Cassar:get a high degree of skill in it.
Greg Cassar:And it's li and it literally is
Greg Cassar:life changing.
Anthony Perl:Yeah, I can imagine.
Anthony Perl:And it's, it, but starting off
Anthony Perl:is scary, right?
Anthony Perl:That's the hard part is knowing what's
Anthony Perl:the right amount to, to invest in
Anthony Perl:and how much you trust yourself.
Anthony Perl:Because early on in the piece.
Anthony Perl:You don't have that knowledge and you,
Anthony Perl:so it is a big leap to make initially.
Anthony Perl:Greg Cassar: Yes, for sure.
Anthony Perl:And I think that all starts with
Anthony Perl:that education.
Anthony Perl:And they say, only invest what you
Anthony Perl:are, you can afford to lose, like
Anthony Perl:initially while you're learning.
Anthony Perl:And that's certainly what I did.
Anthony Perl:And then once I had great certainty
Anthony Perl:and I knew what was going on, that was
Anthony Perl:like when I then.
Anthony Perl:Really moved forward in with big, with
Anthony Perl:bigger numbers.
Anthony Perl:And I think another point to that
Anthony Perl:makes a difference is I was at the
Anthony Perl:surf two days ago.
Anthony Perl:And this guy comes up to me here and
Anthony Perl:he goes, Hey Greg, I was thinking about
Anthony Perl:you this morning.
Anthony Perl:And I was like, okay, cool.
Anthony Perl:Didn't know what he was talking about.
Anthony Perl:And apparently we've been talking
Anthony Perl:at a party and I taught him a few
Anthony Perl:things and he bought some Bitcoin and
Anthony Perl:some other things, but he'd never
Anthony Perl:invested again.
Anthony Perl:And he said, I doubled my money.
Anthony Perl:And I said, did you keep investing?
Anthony Perl:Did you keep putting money in?
Anthony Perl:He's no, I didn't.
Anthony Perl:Just that one time.
Anthony Perl:And so like he didn't realize to.
Anthony Perl:Keep going.
Anthony Perl:I've got a friend who we had both put
Anthony Perl:the same amount of money in initially,
Anthony Perl:but he never put any in again.
Anthony Perl:And then I kept what's called dollar
Anthony Perl:cost averaging.
Anthony Perl:Dollar cost averaging means
Anthony Perl:that you don't know necessarily when
Anthony Perl:the top of a market cycle is, or when
Anthony Perl:the bottom of the market cycle is.
Anthony Perl:You just keep buying regular buy.
Anthony Perl:O over time, and you'll get some of
Anthony Perl:it right and some of it wrong, but
Anthony Perl:it really starts to build up like an
Anthony Perl:exponential curve.
Anthony Perl:If you've got these high growth,
Anthony Perl:whether it's stocks and crypto, et
Anthony Perl:cetera, and then you'll keep feeding
Anthony Perl:it what I call feeding the Beast.
Anthony Perl:It can really make a difference
Anthony Perl:because there's a difference between
Anthony Perl:the way that.
Anthony Perl:The rich think and the way that
Anthony Perl:the poor and the middle class
Anthony Perl:think and behave.
Anthony Perl:So the poor and the middle class,
Anthony Perl:what they'll do is they'll earn money.
Anthony Perl:So say for example, a hypothetical a
Anthony Perl:thousand dollars they'll spend
Anthony Perl:and if there's anything left,
Anthony Perl:they'll invest, say $50 or whatever
Anthony Perl:if that, thing.
Anthony Perl:But whereas what the rich will do is
Anthony Perl:the rich will pay themselves first.
Anthony Perl:And so invest.
Anthony Perl:So out of that thousand they might
Anthony Perl:figure out, hey.
Anthony Perl:I can invest a hundred of it, or
Anthony Perl:I can invest 150 of it, and then I'll
Anthony Perl:get by on the eight 50 to pay my bills
Anthony Perl:and everything.
Anthony Perl:But they invest before they
Anthony Perl:pay the bills.
Anthony Perl:It sounds like a, it's only a
Anthony Perl:small change, but it's one of those
Anthony Perl:small hinges that swings a big door.
Anthony Perl:If you can do that continuously over
Anthony Perl:time and you're willing to think,
Anthony Perl:see, I think in eight year cycles
Anthony Perl:and 12 year cycles and that kind of
Anthony Perl:thing, because that's really like
Anthony Perl:everyone wants.
Anthony Perl:To get rich today.
Anthony Perl:And I get that.
Anthony Perl:And you still can, like at the
Anthony Perl:moment we're in a bull market.
Anthony Perl:You definitely can, but real
Anthony Perl:wealth isn't built in one year.
Anthony Perl:Real wealth is built by stringing
Anthony Perl:together multiple cycles and also
Anthony Perl:having a combination of, I think to get
Anthony Perl:really wealthy, you need cash flow.
Anthony Perl:So that might be your businesses.
Anthony Perl:And then you also need to build a
Anthony Perl:high net worth.
Anthony Perl:So like a go a golden goose.
Anthony Perl:That over time when you want to, you can
Anthony Perl:harvest from that golden goose and
Anthony Perl:as it grows, you're just eating the
Anthony Perl:eggs without, really eating away at it.
Anthony Perl:And on the income side, I like to
Anthony Perl:have multiple streams of income.
Anthony Perl:I think of it like a multi-leg stool.
Anthony Perl:So if I've just got one stream of
Anthony Perl:income and then it dries up, then
Anthony Perl:I could lose like all my cash flow.
Anthony Perl:So I try to always have three or more
Anthony Perl:cash flow sources so that cash flow.
Anthony Perl:Keeps, keeps ticking along.
Anthony Perl:Even if something, a problem happens
Anthony Perl:with one, I've got cash while I adjust
Anthony Perl:and then that gives me more cash to
Anthony Perl:then I used to think about, 'cause I was
Anthony Perl:good at business, I thought, I'm
Anthony Perl:gonna use business to get rich.
Anthony Perl:And I, that did work.
Anthony Perl:Like I became a millionaire out of.
Anthony Perl:Business.
Anthony Perl:So that was good, but I didn't really
Anthony Perl:have a path of how am I gonna get my
Anthony Perl:wealth into the high multiple millions
Anthony Perl:or into the tens of millions or
Anthony Perl:anything like that?
Anthony Perl:Just business alone.
Anthony Perl:Unless I built a business that
Anthony Perl:I could exit, I couldn't really
Anthony Perl:see a path to that.
Anthony Perl:But whereas by doing a combination of B
Anthony Perl:plus I, so business plus investing,
Anthony Perl:I've found that has really been the
Anthony Perl:path to building a higher net worth
Anthony Perl:than 99 or whatever percent of people
Anthony Perl:would achieve.
Anthony Perl:And, but anyone can learn it and do it.
Anthony Perl:I feel,
Anthony Perl:I was gonna say, there's
Anthony Perl:so many questions outta here, but I
Anthony Perl:wanna start with one little basic one.
Anthony Perl:There'll be people that are sitting
Anthony Perl:there listening and rolling their
Anthony Perl:eyes when they hear Bitcoin and
Anthony Perl:crypto and finding it all too hard
Anthony Perl:to understand and thinking, ah,
Anthony Perl:it's not real.
Anthony Perl:It's all gonna come crashing down.
Anthony Perl:What do you say to, to those people,
Anthony Perl:to who may be just it, and it may
Anthony Perl:just be ignorance or it may be a
Anthony Perl:genuine fear of it.
Anthony Perl:Greg Cassar: Yeah, I think
Anthony Perl:often they haven't done, they haven't
Anthony Perl:spent the time like to learn it.
Anthony Perl:I honestly believe everyone is going
Anthony Perl:to need to learn about Bitcoin at
Anthony Perl:some stage in their professional life.
Anthony Perl:And the reason why is because every
Anthony Perl:reserve currency of the world.
Anthony Perl:Back, whether it was like in Roman times
Anthony Perl:or whether it was English Times when
Anthony Perl:they were dominant, or right now it's
Anthony Perl:been the US time, but every reserve
Anthony Perl:currency of the world at some stage
Anthony Perl:has dropped off.
Anthony Perl:And what's happening right
Anthony Perl:now is you've got.
Anthony Perl:All the governments, nearly all the
Anthony Perl:governments of the world are broke.
Anthony Perl:So the Australian government has
Anthony Perl:like roughly $1.3 trillion
Anthony Perl:worth of debt.
Anthony Perl:That means that they've spent $1.3
Anthony Perl:trillion more than they've earned.
Anthony Perl:So that's like you going crazy on your
Anthony Perl:credit card and then having to use
Anthony Perl:more credit cards to pay it off.
Anthony Perl:The US government is $27 trillion,
Anthony Perl:and so it's such a big number now that
Anthony Perl:they have no way of ever paying it off.
Anthony Perl:So they just print money to
Anthony Perl:keep paying, yeah, to keep
Anthony Perl:paying their debt.
Anthony Perl:But what happens is if governments
Anthony Perl:keep printing money forever, then the
Anthony Perl:real purchasing power of that
Anthony Perl:money it doesn't really store value
Anthony Perl:like it used to.
Anthony Perl:And so if you go to the grocery
Anthony Perl:store with $200, you don't get as
Anthony Perl:many groceries as you used to, or
Anthony Perl:$500,000 for a house doesn't get you into
Anthony Perl:a house anymore, that kind of thing.
Anthony Perl:But it, if you, that's with
Anthony Perl:resources like.
Anthony Perl:Paper money that's getting printed
Anthony Perl:by governments, but then if you,
Anthony Perl:that's what you call soft money.
Anthony Perl:If you then go to hard money resources
Anthony Perl:like Bitcoin, because it has a
Anthony Perl:limited supply of 21 million, it can
Anthony Perl:never be changed, or gold could
Anthony Perl:be considered.
Anthony Perl:Similarly, because it's got a very
Anthony Perl:limited supply.
Anthony Perl:What happens with those sorts of
Anthony Perl:resources is as the governments of the
Anthony Perl:world print more and more money, those
Anthony Perl:things keep going up and up in value,
Anthony Perl:and their purchasing power goes greater
Anthony Perl:and greater.
Anthony Perl:So say for example, if you go back
Anthony Perl:10 years ago, you might've been,
Anthony Perl:it might've cost.
Anthony Perl:30,000 Bitcoin to be able to buy a house.
Anthony Perl:And then right now it might be three
Anthony Perl:or four Bitcoin to buy a house.
Anthony Perl:And if you fast forward another
Anthony Perl:two years, it might be 0.4 Bitcoin
Anthony Perl:to buy a house.
Anthony Perl:So because of that limited supply, I
Anthony Perl:think with Bitcoin, the way I look at
Anthony Perl:it is it's just digital gold.
Anthony Perl:It's a, it's got value because
Anthony Perl:people want it.
Anthony Perl:Okay.
Anthony Perl:And then I look at is the world
Anthony Perl:going more digital or less digital
Anthony Perl:and the world is going more digital.
Anthony Perl:And that's like with, yeah, like
Anthony Perl:with the AI stuff, with the tech
Anthony Perl:investing, is the world going
Anthony Perl:more AI or less?
Anthony Perl:That's the way I think about it.
Anthony Perl:And a really, for the average person
Anthony Perl:or the average business owner,
Anthony Perl:it is the greatest opportunity, in my
Anthony Perl:opinion, to build real wealth because
Anthony Perl:you're already working, you're
Anthony Perl:doing your business.
Anthony Perl:But if you just save it in cash,
Anthony Perl:it's going down in real purchasing
Anthony Perl:power over time.
Anthony Perl:Whereas at least if you save
Anthony Perl:it in Bitcoin, it's going up in
Anthony Perl:real purchasing power over time.
Anthony Perl:It's life changing once you understand
Anthony Perl:it, but you've gotta really spend
Anthony Perl:the time to go down that rabbit
Anthony Perl:hole and learn it.
Anthony Perl:But it's amazing.
Anthony Perl:I'm not very excited about it,
Anthony Perl:but passionate about the subject.
Anthony Perl:I think, I think
Anthony Perl:it's it's quite refreshing actually
Anthony Perl:to, to hear someone in business talking
Anthony Perl:about it in the way that you are.
Anthony Perl:And I think that's the interesting
Anthony Perl:thing about it as well, is that it's
Anthony Perl:been this thing that is sitting almost.
Anthony Perl:Independent of business, it's felt
Anthony Perl:but it's starting to integrate into
Anthony Perl:businesses more and more, isn't it?
Anthony Perl:Yes.
Anthony Perl:The whole idea of utilizing the
Anthony Perl:blockchain and I don't think we are
Anthony Perl:yet at the point where crypto's
Anthony Perl:becoming a currency that people are
Anthony Perl:using no to pay.
Anthony Perl:To pay for products and services, but
Anthony Perl:there's going to be a time when
Anthony Perl:that will happen.
Anthony Perl:Sure.
Anthony Perl:But certainly utilizing the
Anthony Perl:technology behind it all, which is
Anthony Perl:the blockchain is becoming more
Anthony Perl:and more advanced and more and more
Anthony Perl:businesses are getting involved at
Anthony Perl:different levels.
Anthony Perl:Greg Cassar: Absolutely, and
Anthony Perl:I think a lot of people don't
Anthony Perl:understand what a blockchain
Anthony Perl:is as well.
Anthony Perl:So in the simplest form, if we
Anthony Perl:think about it's effectively just a
Anthony Perl:big digital ledger.
Anthony Perl:So imagine I'm now, it's now 19
Anthony Perl:hundreds, and I pull my ship into port.
Anthony Perl:And I sell to you bananas and
Anthony Perl:I buy from you apples, that would
Anthony Perl:those, that entry would go into a
Anthony Perl:ledger, a logbook.
Anthony Perl:So effectively a blockchain is just
Anthony Perl:a big ledger, but there's multiple
Anthony Perl:nodes on the network and they all have
Anthony Perl:to verify, yes, this transaction
Anthony Perl:is correct.
Anthony Perl:About sold this, bought that.
Anthony Perl:And traditional databases that, for
Anthony Perl:example, Google has and Facebook has,
Anthony Perl:et cetera, those become honeypots
Anthony Perl:for hackers where they, it's a
Anthony Perl:one centralized source and.
Anthony Perl:Hackers go after it.
Anthony Perl:And how many times have you
Anthony Perl:seen this company lost your data?
Anthony Perl:This company lost your data, that
Anthony Perl:kind of thing.
Anthony Perl:It happens all the time.
Anthony Perl:But if you look at Bitcoin, it's the
Anthony Perl:first technology in history that's
Anthony Perl:never had a software update.
Anthony Perl:So if you think about Microsoft
Anthony Perl:brings out a piece of code, they
Anthony Perl:were patching it all the time
Anthony Perl:to stop hackers.
Anthony Perl:So Bitcoin is worth $2.2 trillion.
Anthony Perl:Something to that effect.
Anthony Perl:And it's never been hacked.
Anthony Perl:And the reason why is because the
Anthony Perl:amount of power that it would
Anthony Perl:take to hack it is ridiculous.
Anthony Perl:Like more than it takes to power
Anthony Perl:the New York City sort of thing.
Anthony Perl:And because every node on the network
Anthony Perl:has to verify Yes, that is a real
Anthony Perl:transaction in they don't agree, then
Anthony Perl:it doesn't, yeah.
Anthony Perl:Then it doesn't get written in.
Anthony Perl:So the security of it is yeah.
Anthony Perl:Is amazing.
Anthony Perl:They call it getting orange peeled.
Anthony Perl:And I just think even if you only
Anthony Perl:got one thing out of our call here today,
Anthony Perl:which was like.
Anthony Perl:Just start learning more about that
Anthony Perl:because that one thing can unlock
Anthony Perl:a whole bunch of wealth in your life.
Anthony Perl:I've made so many crypto millionaires
Anthony Perl:in my life, and something just
Anthony Perl:takes, one idea and kind of to, to get
Anthony Perl:it that aha, and then it can be life
Anthony Perl:changing from there.
Anthony Perl:Anthony Perl: Tell me about the
Anthony Perl:investing side of things in terms
Anthony Perl:of a business, because you're
Anthony Perl:doing you, you're doing things Yes.
Anthony Perl:Investing in Yes.
Anthony Perl:In crypto and the like and Bitcoin.
Anthony Perl:But what about the business side?
Anthony Perl:What makes you want to invest
Anthony Perl:in particular businesses?
Anthony Perl:You talked about e-commerce
Anthony Perl:and things at the moment.
Anthony Perl:Why are they the obvious places
Anthony Perl:to go for you?
Greg Cassar:Yeah I've primarily, when
Greg Cassar:I was working as a growth hacker, so
Greg Cassar:a growth hacker is an individual who
Greg Cassar:scales companies and then does a
Greg Cassar:profit win, share, win-win with the
Greg Cassar:business owners.
Greg Cassar:So by make a gain, then we're
Greg Cassar:share in that.
Greg Cassar:So that was like how I ended up
Greg Cassar:working in multiple businesses and
Greg Cassar:getting shares in businesses.
Greg Cassar:But, and then.
Greg Cassar:Some of those, like the travel
Greg Cassar:companies then became an owner.
Greg Cassar:That's like how that piece has happened.
Greg Cassar:But then as far as investing in
Greg Cassar:businesses, whether it's with through
Greg Cassar:my company or through my personal
Greg Cassar:or through my superannuation, that
Greg Cassar:has just really been about that whole
Greg Cassar:wing, like knowing where the technology
Greg Cassar:was going.
Greg Cassar:So think you spoke about e-commerce.
Greg Cassar:Shopify is a great example.
Greg Cassar:The clear winner.
Greg Cassar:Amazon is another example.
Greg Cassar:Clear winner.
Greg Cassar:So just that's the lens that I look at
Greg Cassar:everything is this the category winner,
Greg Cassar:number one or two in its category?
Greg Cassar:Yes.
Greg Cassar:Then I'll put money in it, and then I'll
Greg Cassar:write it long term, because when the.com
Greg Cassar:boom happened, I knew Facebook
Greg Cassar:was a winner.
Greg Cassar:I knew Google was a winner.
Greg Cassar:I knew Amazon was a winner, but I
Greg Cassar:wasn't smart enough.
Greg Cassar:Back then to know, yes, I'm using these
Greg Cassar:tools and they're amazing, but to
Greg Cassar:buy their stock and hold them over a
Greg Cassar:10 year or 12 year period, I'd be a
Greg Cassar:lot wealthier now if I had that wisdom,
Greg Cassar:but I didn't.
Greg Cassar:But now that I'm 50 and I've been
Greg Cassar:through that cycle, the same
Greg Cassar:thing's happening all over again.
Greg Cassar:History's repeating itself and, but
Greg Cassar:right now it's happening with ai.
Greg Cassar:So technology that's AI enabled and
Greg Cassar:it's also happening with blockchain.
Greg Cassar:So by just learning those two areas
Greg Cassar:for business owners, that's.
Greg Cassar:Really the greatest wealth unlocked
Greg Cassar:that I can see because business
Greg Cassar:is getting harder.
Greg Cassar:The cost of traffic, the
Greg Cassar:more competition.
Greg Cassar:Yeah, business is getting harder,
Greg Cassar:but investing is getting easier, so
Greg Cassar:that's why I do a combination of both.
Greg Cassar:But dual black belt.
Greg Cassar:Get your black belt in business,
Greg Cassar:get your black belt in investing.
Anthony Perl:I love that because
Anthony Perl:it's such a, you're absolutely right.
Anthony Perl:It is getting harder and harder
Anthony Perl:in business.
Anthony Perl:And it's, and particularly in a
Anthony Perl:time when you talk about ai, ai, which
Anthony Perl:is supposed to make life easier, just
Anthony Perl:creates another layer of complexity
Anthony Perl:for business and the most businesses
Anthony Perl:now, there's an expectation of
Anthony Perl:the response rates being quicker
Anthony Perl:and the level of sophistication
Anthony Perl:of which you're supposed to be
Anthony Perl:able to respond is.
Anthony Perl:Greater because the AI that's come
Anthony Perl:into the equation has become, okay,
Anthony Perl:everyone's just using an ai, which
Anthony Perl:is not actually the case that everyone
Anthony Perl:is, but that is the, that is a lot of
Anthony Perl:the expectation and owners that's been
Anthony Perl:put on businesses.
Anthony Perl:So how do you in the businesses that
Anthony Perl:you talk to and along the way, how
Anthony Perl:do you manage that kind of expectation
Anthony Perl:around AI and where they should be in
Anthony Perl:terms of investing in their own
Anthony Perl:business, in those kinds of tools?
Greg Cassar:Yeah, we are finding it
Greg Cassar:to be a great unlock and a significant
Greg Cassar:advantage with technology.
Greg Cassar:If you, as it comes along you can
Greg Cassar:either lean into it, meaning embrace
Greg Cassar:it and I, maybe I don't understand
Greg Cassar:everything about it, but I'm
Greg Cassar:gonna learn it.
Greg Cassar:Or you can do like what you were
Greg Cassar:talking about with the Bitcoin and the
Greg Cassar:blockchain where people are like,
Greg Cassar:Hey, it's just too hard for me.
Greg Cassar:I don't get it.
Greg Cassar:I don't understand it.
Greg Cassar:History has proven that effectively.
Greg Cassar:Those that lean in and say, you
Greg Cassar:know what, I don't know it, but I'm
Greg Cassar:gonna learn it.
Greg Cassar:Those people generally win.
Greg Cassar:The risk with AI is if you don't
Greg Cassar:learn it, if you don't embrace it,
Greg Cassar:you run the risk of being rolled by it.
Greg Cassar:Like having your job replaced or
Greg Cassar:your business being irrelevant, that
Greg Cassar:kind of thing.
Greg Cassar:If I look at what I, we do with our
Greg Cassar:travel companies, all our ads now,
Greg Cassar:all the images are created by ai, so
Greg Cassar:like the, all the banner ads for
Greg Cassar:Facebook, et cetera.
Greg Cassar:A lot of the video ads are created by
Greg Cassar:Google VO three, which is a video
Greg Cassar:ad it's a video content tool, and
Greg Cassar:we u use that for video ads at GBT.
Greg Cassar:We use for everything
Greg Cassar:from writing sales copy to.
Greg Cassar:How do we connect this to that?
Greg Cassar:Just like asking it questions.
Greg Cassar:So we use that like really on a
Greg Cassar:day-to-day basis.
Greg Cassar:And then even our developers now are
Greg Cassar:using tools that help them to write
Greg Cassar:their code and.
Greg Cassar:Basically get their jobs done quicker.
Greg Cassar:Even my executive assistant, I, and
Greg Cassar:unfortunately I had to put her off
Greg Cassar:recently because there was no more
Greg Cassar:work anymore.
Greg Cassar:And the, this came about because of a
Greg Cassar:$12 a month AI tool.
Greg Cassar:There's an AI tool called Whisper Flow,
Greg Cassar:and you just hold down the function
Greg Cassar:key on your computer and you talk to
Greg Cassar:your computer and it turns it into
Greg Cassar:type text for you.
Greg Cassar:Whisper flow is spelled WIS. PR
Greg Cassar:and then flow.
Greg Cassar:It is a very big deal because you
Greg Cassar:spend hours a day typing and then
Greg Cassar:if you just change that habit and you
Greg Cassar:just hold down that function key, you
Greg Cassar:talk to it, you let it up, and it types
Greg Cassar:automatically for you, and it's got
Greg Cassar:it under, it's got AI in it understands
Greg Cassar:your intent.
Greg Cassar:So if I said, if I held that function
Greg Cassar:key down and I said, Hey Anthony, how
Greg Cassar:are you to meet on Tuesday at three?
Greg Cassar:No, let's make it four o'clock.
Greg Cassar:It'll write a message.
Greg Cassar:Hey Anthony, how are you?
Greg Cassar:For me at Tuesday at four, like
Greg Cassar:it'll really figure out what
Greg Cassar:you wanted to say.
Greg Cassar:So just by doing all that, I
Greg Cassar:wasn't drowning in emails and SMS
Greg Cassar:and all this kind of stuff anymore.
Greg Cassar:And so I said, I'm happy you to stick
Greg Cassar:around, but there's no work anymore
Greg Cassar:sort of thing.
Greg Cassar:And basically that one AI tool
Greg Cassar:effectively got rid of my executive
Greg Cassar:assistant.
Greg Cassar:It is very powerful if you embrace it.
Greg Cassar:And that concept of lean in, I
Greg Cassar:think leaning out and saying this
Greg Cassar:is not for me, is a very dangerous
Greg Cassar:game I believe.
Greg Cassar:Anthony Perl: Absolutely.
Greg Cassar:Yeah.
Greg Cassar:And that's the thing is it's
Greg Cassar:leaning in and knowing where to go.
Greg Cassar:And I think that's the challenge for a
Greg Cassar:lot of businesses is where do you start?
Greg Cassar:And you've given a great tool there
Greg Cassar:as a bit of advice on something that
Greg Cassar:people can use.
Greg Cassar:And, I think people get swallowed up by
Greg Cassar:this, chat, GP T's got the name right,
Greg Cassar:that's the one that everyone talks
Greg Cassar:about, but it's not necessarily the be
Greg Cassar:all and end all.
Greg Cassar:And it's not necessarily
Greg Cassar:where you should start or even go
Greg Cassar:depending on what your business is.
Greg Cassar:Yeah we do use it more
Greg Cassar:than anything else I would say.
Greg Cassar:Chat, GBT, but obviously Google's
Greg Cassar:got Gemini and there's Claude and
Greg Cassar:there's other ones out there, so it
Greg Cassar:doesn't have to be that one, but it
Greg Cassar:is pretty amazing for $20 a month.
Greg Cassar:The way I look at it is it's effectively
Greg Cassar:like an assistant that I can ask.
Greg Cassar:Very intelligent.
Greg Cassar:Assistant that I can ask anything to.
Greg Cassar:And I think learning how to prompt it
Greg Cassar:better is a, is an area that's like
Greg Cassar:worth spending time at because it's that
Greg Cassar:whole Geico, garbage in, garbage out.
Greg Cassar:If you don't ask it good questions, you
Greg Cassar:may not get good answers out of it.
Greg Cassar:So being able to you to use that.
Greg Cassar:I think on the, IM on the image
Greg Cassar:side is amazing.
Greg Cassar:I know you used the script, which is a
Greg Cassar:video editor that's very smart, like
Greg Cassar:ai, where you're just modifying
Greg Cassar:words in, in the transcript and
Greg Cassar:trimming things out.
Greg Cassar:So it really is a game changer if you
Greg Cassar:get this area right.
Greg Cassar:And I think everything starts
Greg Cassar:with education, whether it's the
Greg Cassar:business growth stuff you and I
Greg Cassar:have talked about, whether it's the
Greg Cassar:blockchain, the AI technologies, it
Greg Cassar:all really starts with one, that
Greg Cassar:desire to, Hey, I'm going to, I have a
Greg Cassar:mindset of a top 1%.
Greg Cassar:So okay, I'm going into this.
Greg Cassar:Except for sport, I'm absolutely
Greg Cassar:rubbish.
Greg Cassar:But if it's not sporty, it's like
Greg Cassar:these intellectual sports are like,
Greg Cassar:okay, how am I gonna be top 1% of this?
Greg Cassar:What do I need to learn?
Greg Cassar:Who do I need to become?
Greg Cassar:And I think that mindset
Greg Cassar:and emotional intelligence, just
Greg Cassar:to the resilience, just keep going,
Greg Cassar:keep learning, keep trying and
Greg Cassar:testing different things out.
Greg Cassar:I've tried a heap of different AI tools
Greg Cassar:and a lot of them I've got rid of.
Greg Cassar:And then I've just come back to a.
Greg Cassar:A core set, so just embrace it.
Greg Cassar:But really starting with the
Greg Cassar:education, keeping going on that
Anthony Perl:and intact a little bit
Anthony Perl:the collective, talk to me about that.
Anthony Perl:I love the name in itself because
Anthony Perl:the, that, that whole, idea of
Anthony Perl:bringing everyone together and that
Anthony Perl:consciousness of doing that talk
Anthony Perl:to me about what.
Anthony Perl:It is and the logic behind it all.
Greg Cassar:Thing, so after the agency,
Greg Cassar:we morphed to an.
Greg Cassar:A coaching model and we've been
Greg Cassar:doing it for eight years and it's
Greg Cassar:really worked well.
Greg Cassar:So the, I you're a hundred percent
Greg Cassar:spot on with the name, the Collective
Greg Cassar:'cause the idea was that the collective
Greg Cassar:intelligence of the group is
Greg Cassar:greater than any one individual.
Greg Cassar:So when we do masterminds and
Greg Cassar:we get together like four times
Greg Cassar:a year everyone will get up the
Greg Cassar:front at one stage and they'll have
Greg Cassar:the hot seat and they'll get up and
Greg Cassar:explain a problem or an opportunity
Greg Cassar:in their business.
Greg Cassar:And sometimes they're gonna go
Greg Cassar:down one path.
Greg Cassar:But then the rest of the group says,
Greg Cassar:Hey, it's maybe not so great, have you
Greg Cassar:thought about this?
Greg Cassar:So sometimes what comes out of it
Greg Cassar:is like really great options for
Greg Cassar:a different way to go, or they just
Greg Cassar:avoid going down the wrong rabbit
Greg Cassar:hole, which I think we've all done.
Greg Cassar:Do you know what I mean?
Greg Cassar:Which is a six month rabbit hole.
Greg Cassar:And then before you have to say, Hey
Greg Cassar:next and move on.
Greg Cassar:But the other thing is just wicked fun.
Greg Cassar:So hanging out with like your
Greg Cassar:fun to hang out with because
Greg Cassar:you and I have similar mindsets,
Greg Cassar:like we think the same, we both.
Greg Cassar:Wanna see people succeed, but not
Greg Cassar:everyone in society wants to see other
Greg Cassar:people succeed.
Greg Cassar:So it's hanging out with other positive
Greg Cassar:like-minded people.
Greg Cassar:And then we basically look
Greg Cassar:at businesses as far as, okay,
Greg Cassar:there's a chain of conversion, so I'm
Greg Cassar:a growth hacker.
Greg Cassar:For businesses in there, I'd
Greg Cassar:look at their business and say,
Greg Cassar:okay, how can we.
Greg Cassar:More traffic.
Greg Cassar:How can we get more awareness?
Greg Cassar:How can we then get more leads?
Greg Cassar:How can then we get more and then
Greg Cassar:what I call the profit triad?
Greg Cassar:Three things.
Greg Cassar:How do, how can we get more customers?
Greg Cassar:How can we get them spending
Greg Cassar:more, and then how can we get them
Greg Cassar:coming back again?
Greg Cassar:If you can get those couple of things
Greg Cassar:happening together, then that really
Greg Cassar:grows the business.
Greg Cassar:And then how can we drive more profit?
Greg Cassar:And often profit isn't necessarily
Greg Cassar:about growing more profit is often
Greg Cassar:about how can we reduce our expenses?
Greg Cassar:Because if we earn a thousand
Greg Cassar:dollars, that's not a thousand dollars
Greg Cassar:profit because we might have cost
Greg Cassar:of goods and taxes and all that,
Greg Cassar:so we might only really make three
Greg Cassar:or $400 on that a thousand dollars.
Greg Cassar:But if we can reduce our expenses by a
Greg Cassar:thousand, that's a thousand dollars
Greg Cassar:worth of profit.
Greg Cassar:So we look at all that and then really
Greg Cassar:focus on cash flow.
Greg Cassar:And then from that B plus I, how do
Greg Cassar:we then grow the investing and then.
Greg Cassar:Work on how do we inject more
Greg Cassar:fun into it?
Greg Cassar:So building that amazing life resume.
Greg Cassar:So like in two weeks, a couple
Greg Cassar:of weeks time, I'm off to Queenstown
Greg Cassar:and we're gonna do a business
Greg Cassar:mastermind there, but we're also
Greg Cassar:going snowboarding together, that
Greg Cassar:kind of thing.
Greg Cassar:And the, ideally, if you can do some
Greg Cassar:of these fun things using the business,
Greg Cassar:then that's even better, like more
Greg Cassar:tax tax friendly, so to speak.
Greg Cassar:So how do you build an amazing
Greg Cassar:life resume with a couple of
Greg Cassar:really cool things through the year?
Greg Cassar:But not just that really, like through
Greg Cassar:your week or through your month, what are
Greg Cassar:fun things like I literally schedule
Greg Cassar:surfing and free time in my diary.
Greg Cassar:I manage my time in such a way, and
Greg Cassar:this is how I, what I teach people to
Greg Cassar:do so that you're not doing meetings
Greg Cassar:in the morning, you are keeping that
Greg Cassar:time so that you can work on what's
Greg Cassar:the most important thing you need to
Greg Cassar:do in the mornings.
Greg Cassar:And then you help people and that kind
Greg Cassar:of stuff and work in the business.
Greg Cassar:In the afternoon, I try to keep
Greg Cassar:my Thursdays and my Fridays free.
Greg Cassar:I teach other people how to do this as
Greg Cassar:well so that I think everyone you've
Greg Cassar:met, a business owner where they're
Greg Cassar:just always busy, always swamped.
Greg Cassar:But if you look at my diary, it's.
Greg Cassar:Not really that bad.
Greg Cassar:Like Monday, Tuesday, Wednesday
Greg Cassar:afternoons.
Greg Cassar:I've got things on, but the rest
Greg Cassar:of it's clear.
Greg Cassar:And then I've taught my team
Greg Cassar:how, and I teach others as well,
Greg Cassar:how to do like this self-managing team.
Greg Cassar:So I use Monday, the project management.
Greg Cassar:It's a visual like project management
Greg Cassar:tool, and anyone can project manage
Greg Cassar:with it because green equals done,
Greg Cassar:yellow means it's in progress, and
Greg Cassar:then red means there's a problem
Greg Cassar:and then you have comments beside it.
Greg Cassar:And we give it priority orders.
Greg Cassar:And then with the teams, I've taught
Greg Cassar:them how to do that.
Greg Cassar:But with all my teams, I meet with
Greg Cassar:them at the start of the week and
Greg Cassar:then I meet with 'em later in the week.
Greg Cassar:And if you go back to school, if your
Greg Cassar:homework was due tomorrow, you've
Greg Cassar:gotta scramble and get it done right?
Greg Cassar:So by meeting with the team at the
Greg Cassar:start of the week and everyone knows
Greg Cassar:their priorities and they let me
Greg Cassar:know if there's any questions.
Greg Cassar:They know come Thursday we're going
Greg Cassar:through that exact same list again,
Greg Cassar:so they don't want me to get up to
Greg Cassar:their thing and they haven't done
Greg Cassar:anything on it.
Greg Cassar:So the whole, like one of my business
Greg Cassar:partners said, Greg, you're the only
Greg Cassar:guy I know who runs multiple companies.
Greg Cassar:That doesn't do anything.
Greg Cassar:But it's not about that I don't
Greg Cassar:do much myself.
Greg Cassar:I've just very good at teaching people
Greg Cassar:and getting people to do what they need
Greg Cassar:to do and empowering them so that they
Greg Cassar:hit their deadlines.
Greg Cassar:Don't get me wrong.
Greg Cassar:If there's a lot of things due, we'll
Greg Cassar:meet more regularly.
Greg Cassar:But as a general rule, Monday
Greg Cassar:and Thursday and everything
Greg Cassar:just gets done without me having
Greg Cassar:to get involved, which is awesome.
Greg Cassar:And so I help people to get their life
Greg Cassar:back, with that,
Greg Cassar:Anthony Perl: which means you
Greg Cassar:have more time to record podcasts
Greg Cassar:with people like me.
Greg Cassar:Absolutely.
Greg Cassar:Which is the fun stuff.
Greg Cassar:It
Greg Cassar:Greg Cassar: is, yeah.
Greg Cassar:I do enjoy it.
Greg Cassar:I do enjoy that.
Greg Cassar:And also just get out and about.
Greg Cassar:And like health, I've been really
Greg Cassar:like focusing on the biohacking and the.
Greg Cassar:Health, because I think health
Greg Cassar:is wealth.
Greg Cassar:And so if we're all work, that's
Greg Cassar:not great for us.
Greg Cassar:So what can we do to look after the body?
Greg Cassar:How can we slow down the aging?
Greg Cassar:How can we keep lean, all these
Greg Cassar:kinds of things.
Greg Cassar:So spend time on some of those
Greg Cassar:things as well.
Anthony Perl:Couple last things just
Anthony Perl:to wrap things up.
Anthony Perl:One of those is 'cause I'm
Anthony Perl:fascinated because what you're doing is
Anthony Perl:effectively a lot of mentoring of people.
Anthony Perl:Yeah.
Anthony Perl:Who do you classify then
Anthony Perl:as your mentors?
Greg Cassar:Over the years I've
Greg Cassar:had many for, I was traveling from
Greg Cassar:Australia to the US four times a year
Greg Cassar:for five years.
Greg Cassar:And primarily it was in the marketing
Greg Cassar:space initially where I was
Greg Cassar:going to business and marketing
Greg Cassar:masterminds.
Greg Cassar:And while I still am in one or two
Greg Cassar:of those now I spend more of my
Greg Cassar:time on the in investing side.
Greg Cassar:So on the business side, I had
Greg Cassar:coaches like.
Greg Cassar:Ryan Deis and Frank Kern.
Greg Cassar:So these are famous marketers.
Greg Cassar:Ezra Firestone was my coach.
Greg Cassar:I was in Russell Brunson's Mastermind
Greg Cassar:Perry Belcher.
Greg Cassar:So all these kinds of big marketers.
Greg Cassar:And in Australia, mal Emery was an
Greg Cassar:another one for me.
Greg Cassar:I've always invested in that side.
Greg Cassar:And then now it's probably more online
Greg Cassar:where I'm learning the investing.
Greg Cassar:I think if you know the right
Greg Cassar:areas to go, then YouTube is amazing.
Greg Cassar:I learn a lot from YouTube now, and
Greg Cassar:I learn a lot from TikTok actually as
Greg Cassar:well by training the algorithm so
Greg Cassar:that it's not just showing me girls
Greg Cassar:dancing it's now showing me, like I
Greg Cassar:still do enjoy that, don't get me wrong.
Greg Cassar:But yeah, I want to feed the
Greg Cassar:brain as well.
Greg Cassar:So using it.
Greg Cassar:As a business tool where you teach it,
Greg Cassar:Hey, I'm interested in AI and the
Greg Cassar:te a whole bunch of AI coaches.
Greg Cassar:I'm interested in blockchain, I'm
Greg Cassar:interested in, so by what searches
Greg Cassar:you give it and what likes and
Greg Cassar:like you can train the algorithm
Greg Cassar:so it just gets better and better.
Greg Cassar:So I learn a lot that way.
Anthony Perl:I think that is such
Anthony Perl:an important tip, by the way to people
Anthony Perl:that you do have to train the algorithm.
Anthony Perl:And I, I was only commenting
Anthony Perl:to someone this morning because
Anthony Perl:of some stuff that I've been doing.
Anthony Perl:I looked at my feed on one particular
Anthony Perl:platform and went, it's just rubbish.
Anthony Perl:Ah the people that are, that
Anthony Perl:I'm getting stuff in from are not
Anthony Perl:a value to me.
Anthony Perl:And I know why it's happened and
Anthony Perl:how it's happened, but actually then.
Anthony Perl:Untraining that and training what
Anthony Perl:you want to do, it requires a
Anthony Perl:bit of effort.
Anthony Perl:And I think that's one of the points
Anthony Perl:too, that we often just sit there and
Anthony Perl:feel like we're at the mercy of
Anthony Perl:of these social media platforms,
Anthony Perl:but you can train them to start
Anthony Perl:finding what you.
Anthony Perl:Need to be seen.
Greg Cassar:Agreed.
Greg Cassar:Because I think social media is
Greg Cassar:morphing now to what's called
Greg Cassar:interest media.
Greg Cassar:If you think about your feeds, often,
Greg Cassar:it's not really a, it used to start off
Greg Cassar:about, Hey, what are your friends doing?
Greg Cassar:And that kind of thing.
Greg Cassar:You still see a little bit of
Greg Cassar:that, but not as much as you see.
Greg Cassar:For example, you're really into
Greg Cassar:podcasting and broadcast and all
Greg Cassar:that kind of stuff.
Greg Cassar:So you'll see a lot of folks
Greg Cassar:that are exactly in your market.
Greg Cassar:Whereas I'll see a lot of folks that
Greg Cassar:are exactly in my market 'cause
Greg Cassar:that's what you are interested in.
Greg Cassar:The good thing about it is like
Greg Cassar:for people who then want to be on this
Greg Cassar:content creation side, there's never
Greg Cassar:been a better time to put your message
Greg Cassar:in front of the exact right target
Greg Cassar:market because AI makes it easier
Greg Cassar:to edit and to.
Greg Cassar:Get your message in front of the exact
Greg Cassar:right people with these interest media
Greg Cassar:and the way that the world is going
Greg Cassar:with the transition on search.
Greg Cassar:So historically it's been Google
Greg Cassar:search and then now it is changing
Greg Cassar:more to chat GBT and other large
Greg Cassar:language models, their recommendation
Greg Cassar:engines.
Greg Cassar:So it's not what you know anymore,
Greg Cassar:it's what you show.
Greg Cassar:So if you are not putting your
Greg Cassar:expertise out into the world.
Greg Cassar:You're not going to be recommended
Greg Cassar:by these large language models
Greg Cassar:like chat, GBT.
Greg Cassar:So I do think if you're not doing any
Greg Cassar:kind of amplifying your message,
Greg Cassar:you do run the risk of decline
Greg Cassar:in the future.
Anthony Perl:Wow.
Anthony Perl:There's so much we could explore
Anthony Perl:further, but we are running outta time.
Anthony Perl:I just wanna ask you one final question.
Anthony Perl:Sure.
Anthony Perl:That I like to ask all my guests, which
Anthony Perl:is what's the aha moment that people
Anthony Perl:have when they come to work with you?
Anthony Perl:That you wish more people knew they
Anthony Perl:were going to have?
Greg Cassar:The aha moment really is
Greg Cassar:that it's a sliding door, so they don't
Greg Cassar:know they're coming in for one thing
Greg Cassar:and then their life changes in
Greg Cassar:so many different directions.
Greg Cassar:I think my real superpower is
Greg Cassar:helping people get their life back and
Greg Cassar:transition business owners to transition
Greg Cassar:into high net worth individuals.
Greg Cassar:I don't think there's enough
Greg Cassar:people teaching business owners,
Greg Cassar:Hey, you've done all this work.
Greg Cassar:You're good at that.
Greg Cassar:Keep doing that.
Greg Cassar:Let's rev it up.
Greg Cassar:But how do we now make you a high net
Greg Cassar:worth individual so that when you get
Greg Cassar:to retirement or when you wanna slow
Greg Cassar:down, you've got the money there to
Greg Cassar:make those amazing choices in life.
Greg Cassar:That's what I believe has been
Greg Cassar:the ahas, and it's been really cool.
Greg Cassar:To be honest.
Greg Cassar:I like, I leave a massive.
Greg Cassar:Trail of change behind me in
Greg Cassar:a good way.
Greg Cassar:It impacted a lot of people's lives and
Greg Cassar:it's it's been very rewarding because
Greg Cassar:now I'm not so much just about what can
Greg Cassar:I get out of it.
Greg Cassar:I needed that when I was young and I
Greg Cassar:was hustling and I was broke, I think
Greg Cassar:we all started off that way.
Greg Cassar:Like I'm sure you've had times
Greg Cassar:in your career as well where.
Greg Cassar:Things are flying and other times
Greg Cassar:when really not going so well.
Greg Cassar:But yeah, now I'm coming out the other
Greg Cassar:side of things.
Greg Cassar:So it's great to be able to have
Greg Cassar:a positive impact on other people
Greg Cassar:and really give them freedom by
Greg Cassar:showing them how to get wealthy.
Greg Cassar:So that's been pretty cool.
Greg Cassar:Anthony Perl: Fantastic.
Greg Cassar:I love it.
Greg Cassar:And you've shared so much.
Greg Cassar:There are so many little tips
Greg Cassar:and things that people will have
Greg Cassar:got through this episode, so I really
Greg Cassar:appreciate it.
Greg Cassar:We, of course, we'll include in
Greg Cassar:the show notes all the information
Greg Cassar:and how to get in touch with you.
Greg Cassar:But Greg, thank you so much for being
Greg Cassar:an amazing guest on the program.
Greg Cassar:Greg Cassar: Oh, thank you so
Greg Cassar:much, Anthony.
Greg Cassar:I really enjoyed this.
Greg Cassar:Your great host and awesome questioner.
Greg Cassar:Anthony Perl: Fantastic.
Greg Cassar:Thank you so much and to everyone
Greg Cassar:listening in, don't forget to subscribe
Greg Cassar:and we'll catch you next time on
Greg Cassar:the next episode of Biz Bites for
Greg Cassar:Thought Leaders.
Greg Cassar:Thank you.
Greg Cassar:Hey, thanks for listening
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