u/DebateWilling7674

Moved from Germany to Mexico with 20 to build a business with my brother. So from 20 onwards on my own feet and started with 4k Euro savings.

30K are divided into:
20k Physical Metals (Gold, silver, platinum), no ETF or stock, real physical metals
2k Stocks
8k pension fund my parents are paying into, its some kind of insurance company

I started buying Gold with 18 years old right when Covid hit, I invested the 4k savings mentioned in the beginning. This was money which got saved from my birth onwards, like all the birthday money...

I want to pay out the pension fund, just because I want to have control over my money.

Mentally I can't have more than 500Eur in my bank account, talking about savings not my day to day money. Don't know why but my mentality is: if I don't hold it I don't own it, that's why I get nervous having my money in digital numbers on a screen. I earn $3000 USD and another $800 with which I buy gold or stocks every month.

My costs are not low, as I don't live at home and currently travel around South America, so I spent most of the 3000USD.

No debt

Posted this because I know that's not the normal everyday portfolio even tho the amount isn't huge. But this "portfolio" got build with blood, sweat and tears, believe me.

I also don't come from money, no-one in my family ever owned property or even a apartment

Let me know your thoughts.

Hey, this is post 2/2 here, the other one was more about outreach questions for our agency, this one will be more business related.

Not the first time I ask for help here and always got good advice from you guys, so looking forward.

Introduction:
I M23 and my brother M31 have a Conversion rate optimization agency. Our clients always stay at least 12 months if the fit is right. We also have an 60-75% close rate once the person had a call with us, so offer isn't the problem either.
My job is to do all the client fulfillment, so my brother can do the work that brings the agency forward in general. Like: In what direction to go, where to optimize....

We didn't got a new client for 8 months, which is a problem, as many clients get to the end of their lifetime which we also feel in the relationship with them. Then of course the whole AI topic gets bigger and bigger everyday.

We basically analyzed the AI situation for our niche and I want to ask you what you think of it.

So generally speaking, manual coding was wiped out in the last year, that's why we fired all of our developers (2) and I do everything now. Good that our value isn't just coding but our understanding of marketing + Website, basically just sales psychology for e-commerce.

But AI is also taking that away more and more. The work of analyzing data was also wiped out as any tool now has their own analyzing tools. But this is still not very accurate, Ai is talking 40% shit and the other 60% are good advice. But when we talk about complex connections it's still shit.

So for smaller stores, everything less than 1m gross sales, I do think that AI is good enough for you, to not need someone looking at your store. But for everything above, you still need a brain behind analyzing and building structures.

Even if not, an ecom founder still doesn't have the time to do it, or they just want someone to lay off the responsibility. So I don't believe that AI is really taking away our job completely. I think as always, it just gets harder to find clients but I don't believe that this will fall off generally speaking.

We believe that AI is a kind of bubble, just that at one point people (in business) will get a tired and want to go back to people doing some kind of work and not just AI. Bubble is maybe the wrong word but I hope you get what I mean.

We are currently thinking of, how to restructure our agency and until which point to implement AI in our service but also just client work. Is mentioning AI still helping selling your service? I mean there was a time where just mentioning that you use AI was a huge selling point.

Generally what do you think about everything I wrote down here and which steps would you take next?

Hey guys,

not the first time I post here and always got good feedback, so looking forward to your opinion/help.

Introduction:
I M23 run an agency with my brother M31, last year was our best one where we nearly surpassed the 200k gross income. Which we also only achieved because of a partnership with an Ecom-Growth Mastermind group. we ended the partnership ourselves last month because of various business hurting reasons.
We have an A/B testing agency for Shopify Ecom stores only.

Our main problem ALWAYS was client acquisition. As soon as the client gets into a meeting with us we have a 60-75% close rate and the clients stay at least a year when the fit is right.
So our service/offer isn't the problem.

Now we hired a Cold Mail agency to run our outreach because we are filled with client work, more or less. We are now into week 2 of sending Emails and got 3 positive replies which resulted in 2 calls. Until now, no Client or answer after the call, stores were a perfect fit. So Cold Email isn't dead for our Niche.

The goal is that I do all the client fulfillment and my brother brings the agency forward in all possible ways.

My brother is currently still helping with client fulfillment because Im still learning, before my job was doing the outreach etc, which we outsourced to the agency. So this is sth I have to improve in.

We are looking for a new Client acquisition channel and agreed to following system:
Gathering a small list with perfect fits, maybe 20/30 stores/contacts. They also need to have a more or less active Linkedin account. Than we contact them through Email & Linkedin, with a recorded Loom video attached, going through the store listing main conversion problems...

We want to contact the owner and other employees until we get a clear NO. In this time we recycle the video to upload on all Social Media platforms, short form content on Linkedin, Insta, Youtube.. When we get the final "not interested" we can upload the full video to YT.

Basically splitting up the main video in smaller short form content so we have content for Instagram and YT, to reach more people and finally start some organic inbound efforts.

Let me know what you think of this.

This is Post 1/2, in the other one I will rather ask more business related questions and not outreach.