- Grow Faster
- Posts
- The Next Content Millionaire In Web3 š
The Next Content Millionaire In Web3 š
GM Friends š
Iām doing massive deep dive in this one. If you ever want to start a content generated business, I HIGHLY recommend reading the whole article.
In this episode Iāll cover:
šŖ Care-Package: The Next Millionaire Creator, OpenAI & Creating Focus
š§āāļø Building in Public: The Newsletter
šŖ Care-Package:
A weekly package of actionable strategies to help you Grow Faster through content, business & health.
š§² Attract an audience:
š Leon Abboud is the best content creator & entrepreneur that I have seen in a very long time,
And if he continues down this pathā¦
My bet is that he will be Web3ās firstā¦ Content Millionaire š
(Heās also underrated AF, so if this is your first time hearing about him, go and check him out here)
I donāt say this lightlyā¦
Leon has become one of my favourite content creators in Web3.
See, Leon is different.
In a sea of the same content, the same narratives, the same drama week-in and week-out,
Leon has subtly been executing one of the most flawless content and business strategies that Iāve seen and he gets better every single week.
So what makes Leon different?
It all starts with understanding the concept of Creator-Market Fit.
The way that most creator-driven businesses work is:
Step 1ļøā£: You create an audience at scale
Step 2ļøā£: You sell other peopleās products
Youāll notice this with 90% of podcasts that you listen to promoting: VPNs, BetterHelp, Eight Sleep, etc.
This is a strong starting point, and a valuable way to generate income as a content creator.
BUT
There are limitations to promoting other peopleās products:
ā Affiliate links (like those in a podcast) get extremely low conversions and require a lot of scale to turn into a business.
ā If youāre selling direct sponsorships (these pay higher), you have to spend a lot of time on calls selling your brand.
ā When you are clearly doing a paid promotion for someone elseās work, (especially when itās a product or company that doesnāt align with your content), it has the opposite effect of building a brand. It takes away from the relationship that youāve built with your audience.
The issue is that there isnāt a fit between yourself, the brands that you promote and your audience.
Technically you can generate revenue, but itās hard to build something BIG.
Thatās where Creator-Market Fit comes inā¦
Creator-market fit is when the content that you make, the business that you run and what the audience wants are all aligned.
This means that instead of marketing taking away from your brand, it enhances it.
Bringing it back to Leon, his entire angle is sharing content based on what he is experiencing with building his Web3 agency.
This means sharing:
1ļøā£ Behind-the-scenes trends that heās noticing with NFT projects & Web3 companies that approach him for agency work.
2ļøā£ Marketing strategies that make projects grow vs strategies that fail.
3ļøā£ His own experiences of building a Web3 business.
All three of the above elevate his brand in the eyes of potential clients WHILST adding value to a broader more general NFT audience who just wants BTS alpha.
Even his āGMsā build on his agency-driven personal brand by showing him hustling in the office:
Morning web3 family š¤
Sundays are for filming video content.
Cooking up some nice things this week.
ā Leon Abboud (@heythisisleon)
7:25 AM ā¢ Nov 19, 2023
This macro strategy is all enhanced by one fundamentally important ingredientā¦ šØāš³
AUTHENTICITY.
Yes itās good to have your own business.
And yes itās good to be a content creator.
But how annoying is it when people promote 24/7 to ābuy my courseā or āsign up to my training.ā
Thereās two ways to exist as a business-driven content creator:
ā You can create content where you are always promoting your product, trying to sell it to your audience.
OR
ā You can be the content. Where you are never āpromotingā - you are simply sharing stories from your own experience.
Leon is his content.
In a single tweet, he will:
Share a personal story that makes you feel connected to him as a personā¦
Add value to the audience by giving them a key insight of something to look out forā¦
Whilst making it known that he runs a Web3 agency (without promoting it).
He did this literally yesterday.
Sharing his personal focus, his strategy moving forward, his dedication to his service business, all whilst remaining completely authentic to himself (and getting high engagement in the process):
I made a conscious decision a while ago that I am no longer interested in trading NFTs, farming airdrops, or minting the next 10x.
That's the reason I never registered for FriendTech.
Bought a Bitcoin Ordinal during peak FOMO season.
Nor tried farming BLUR tokens.
The reasonā¦ twitter.com/i/web/status/1ā¦
ā Leon Abboud (@heythisisleon)
6:25 PM ā¢ Nov 23, 2023
He then compounds this approach with QUALITY.
What do most people do when they start making money with content?
They spend it.
But Leon follows the MrBeast strategy of reinvesting his revenue straight back into improving video quality & scaling his brand.
This means that not only does he have some of the best written Web3 content,
But he now has some of the highest quality video content on Web3 Twitter (š) and YouTube.
This is an awesome case study video on the agency work that Leon & his co-founder Kermit did for Chimpers:
(Kermit is also a legend btw, I highly recommend checking him out if you havenāt already).
How we helped @ChimpersNFT generate 100k+ impressions
Build a die-hard community
Increase NFT Inspect ranking
With $0 in marketing, and in under 10 weeks.
Watch the full Master Case Study:
ā Leon Abboud (@heythisisleon)
11:51 AM ā¢ Oct 30, 2023
By investing time, money and energy into doubling down on quality, he creates a flywheel effect whereā¦
He has high quality contentā¦
That generates business for his agencyā¦
Which he reinvests into higher quality contentā¦
Which grows his brand and generates even more business.
This has built a name Leon in the space as someone to be taken seriously, and has helped him grow his next unfair advantageā¦
His NETWORK.
As you read this article, this may not be your first time hearing about Leon.
Thatās because heās done some seriously high profile interviews in Web3 for his podcast, including:
Luca Netz š§:
Never done this before, but here's the full-unfiltered 40 minutes interview with @LucaNetz, founders of @pudgypenguins.
During this interview, Luca shares never before revealed insight into:
- His difficult childhood
- The legacy he's building
- How he thinks ofā¦ twitter.com/i/web/status/1ā¦ā Leon Abboud (@heythisisleon)
1:19 PM ā¢ Nov 15, 2023
NFT GOD š:
And hey, even me šāāļø
Itās funny, as I was doing research for this article, seeing the roster of guests heās worked with and the way that Leon interacts with them,
I couldnāt help but have two key thoughts that many of his future clients will experience as well:
1ļøā£ āMan, heās spoken to all these incredible people, he must be a big deal.ā (which adds social proof when heās either reaching out to the next guest or closing a deal with a client).
2ļøā£ āHe asks VERY good questions. This guy knows his sh*t.ā (Which for clients, validates Leonās Web3 expertise).
As a content creator, this network that Leon is building and the social proof that it adds for his client work is the final Infinity Stone and the icing on the cake that separates him from the pack.
Okay, so a MILLIONAIRE is a big call. How does this all build into Leon having a massive outcome?
Itās incredibly simple. Leon sacrifices the small things now for something bigger later.
The fun part about Web3 is that there is always something new to chase,
And there are genuinely good opportunities to generate revenue at every moment.
But the downside of too many opportunities is that they get distracting.
Alex Hormozi talks about this concept as āthe Woman in the Red Dressā from the Matrix.
The idea is that as you progress in your career, business, etc.
More opportunities will come your way to take you off course and distract you.
They prevent you from compounding on your one business that can get massive.
Over the past 2 years, Iāve witnessed people chase shiny 1-2 month opportunities back-to-back-to-back,
Always finding themselves starting right at the beginning each time.
(ā¦and to be honest, Iāve been that guy many times too)
But Leon is the exact opposite.
Leon is focussed.
Heās building a brand and a business that can compound, whilst taking a longterm view with it.
He puts quality above everything.
He keeps his eye away from the āWoman in the Red Dress.ā
And as he continues to compound his brand, network, skillset, content quality & scalable Web3 services, he will become unstoppable.
@Leon if you see this article, keep crushing it man. Youāve inspired me to push myself and evolve my strategy as a Web3 entrepreneur & creator.
šŖ If YOU want to work with Leon & Kermit, I highly recommend checking out their Web3 agency at: Unfungible.
š Become Better:
š¤ If you missed the OpenAI drama, this is the best recap on the internet:
The past 7 days at OpenAI have been insaneā¦
Sam Altman got fired, almost rehired, fired again, hired by Microsoft and now is back at OpenAI.
But thatās only half the story.
In a saga that played out like an episode of Succession crossed with Game of Thrones, the full story and the characters involved are too interesting to miss.
If youāre the person in the office saying:
āI donāt know what happened with OpenAI, and at this point Iām too afraid to ask.ā
Or you just want the detailed recap in all itās glory, check out this podcast episode below:
šæ Feel f*cking fantastic:
šļø Finding the balance between performance and simplicity
The deeper Iāve gotten into this 3-week period without actively posting on Twitter, Iāve begun to learn a lot about myself and the way I used to work.
My daily routine was hyper-optimised, meaning that I could do many things at a high work rate, for extended periods of time and get a heap done.
What Iāve found recently is that having fewer things to do, means that I can give each task more time than it needs, and I can do the important work with greater attention to detail than before.
Iāve also been able to more clearly see the work that brings no results which can be eliminated.
The key takeaway Iāve learnt, we often say yes to WAY too much, even if we technically can do it all.
Thereās a difference between being able to do a lot of work, and being able to make better decisions about which work to do, and doing it very well.
Iām excited to be able to take these learnings into this next chapter and my return to Twitter.
š§ Started from the bottom now weāre hereā¦
If youāre new here, one of the core principles of the content I share is that a newsletter is the most linear and simple business you can start in Web3. It has high sponsorship revenue and can go from being a side hustle to a full-time business in under a year. I am building this newsletter in public, to share the progress each week so that you can be a part of the journey. Now letās get into it š
Right now Iām still in Monk Mode, taking some time out from Twitter to focus on my core Bricktopians & Web3 job work.
For now this means Iāll have to take some Lās š„
But thatās alright, because focussing and building the next stage of developments takes moments of sacrifice, and Iām loving every minute of it.
This Week:
Subscribers: 3,556 (-8 Subscribers)
Open Rate: 40.6%
Tracking my goals:
š Improve the graphic design of this newsletter: Paused until 4,000 subs.
š 3,556 / 4,000 Subscribers: Taking Lās right now, but thatās a part of the game. Excited to get back into my growth phase.
ā Update the welcome email for new subscribers: (Complete)
Have an awesome weekend š
ā Alex
Thanks for reading this weekās episode of Grow Faster ā¤ļø
Iāve been in Web3 for 8 years, ETH since $45 and am building on my NFT project Bricktopians every single day.
If you want to join my world, and be a part of a project that grows with me.
Grab a Bricktopian NFT and let me build for you šÆ
š¤ Sponsor this newsletter: Want to feature in this newsletter? Grow Faster is a community of readers who are Web3 native and early adopters of emerging technology. Weāre at a 40%+ Open Rate and 3,400+ Subscribers. Reply to this email to enquire about upcoming sponsorship opportunities.
š Let me know your thoughts - Reply to give feedback: My mission with this newsletter is to help you Grow Faster. A big part of this mission is that I want to grow too. If thereās something youāre enjoying, or that you think I could improve on, let me know š