Traits of 1% Founders, Our Best “Money Well Spent,” and Buying Clout

The Dimond Download by Chase Dimond & Cardinal Mason

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In this episode, Chase and Mason discuss what makes the difference between “big” businesses and “HUGE” businesses, and lay out some of the common traits they’ve observed among the top 1% of founders.

They also tell stories of their best “money well spent” scenarios, where the value they got from the product or experience was exponentially more than what they invested. Spoiler Alert: The examples they share aren’t the ones you’d expect.

The conversation wraps up with a quick business update from Mason, who finally decided to take ads seriously and is now on track to have his first $1M month.

Tune in to get a sneak peek at Mason’s new penthouse pad (it’s absolutely baller) and drop a comment with your own best “money well spent” story.

"I think number one is just like the entrepreneur is hungry and they're hungry not for a base hit, or even a double – they're hungry for a home run or a grand slam. And they’re going to keep swinging until they get it."
– Chase Dimond

WHAT YOU’LL LEARN ABOUT:

• Factors for Big Business Success – Learn what separates big businesses from HUGE businesses, and what common traits, tendencies, or behaviors make these ambitious founders uniquely capable of building such behemoths.
  
• Best “Money Well Spent” Scenarios – Hear examples from the boys about things they’ve paid for that have returned 10x more than they spent. These aren’t your common investment examples, but lesser-known products, services, and experiences that are worth every penny – and then some!
  
• Buying Clout – If you have more money than you know what to do with, you’re probably going to default to acquiring material possessions. That’s all well and good, but the boys are here to tell you why investing in relationships, not objects, is a better use of that money.
  
• Paid Ads Success – Learn how Mason started experimenting with paid acquisition and is already seeing a significant ROI, which has him on track to have his first seven figure month by the end of the year.
  
• Audience Monetization Mastery – Many creators have huge audiences, but it doesn’t translate into significant revenue for their business. Hear the fellas discuss why they think Mason is so much better at monetizing that attention, and take notes on which aspects you can apply to your own content.

KEY MOMENTS IN THIS EPISODE:

• 00:00:00 – Introduction
• 00:01:42 – Why are big businesses big?
• 00:08:05 – What are the traits of a top 1% founder?
• 00:13:20 – Examples of the best "money well spent"
• 00:21:08 – Benefits of patronizing the same spot and "buying clout"
• 00:26:11 – Mason Business Update
• 00:35:09 – Closing Thoughts & Resources

LIKE, FOLLOW, AND SUBSCRIBE

Subscribe to the show and listen to all our past episodes at www.dimonddownload.com.

Keep up with Chase at…

www.chasedimond.com

www.twitter.com/ecomchasedimond

www.linkedin.com/in/chasedimond

Keep up with Mason at…

www.copymba.com

www.twitter.com/CardinalMason

www.tiktok.com/@cardinalmason

SUPPORT THE PEOPLE WHO SUPPORT US

Podcast production, show notes, and distribution is handled by James Sowers at www.castaway.fm.

Thumbnail design is handled by Steven Baterina at www.creosocial.net.