Digital Social Hour - Episode #989: "$100K/Month Instagram Secret GONE: Millionaire's New Move" Featuring Jason Stone

Release Date: December 17, 2024

Host: Sean Kelly
Guest: Jason Stone
Podcast Description: Sean Kelly interviews celebrities, entrepreneurs, and industry experts, blending business advice, personal stories, and insights into their paths to success.

1. Introduction and Reconnecting with Sean Kelly

Sean Kelly opens the episode by warmly welcoming Jason Stone, a long-time acquaintance of eight to nine years. They exchange mutual compliments on each other's growth and success in their respective ventures.

Notable Quote:
Jason Stone [00:25]: "Thanks for having me."
Sean Kelly [00:31]: "Yeah, dude, it's been cool to see your growth on social media and in real life. Like, you've been killing it."

2. The Downfall of Millionaire Mentor Instagram Account

Jason Stone discusses the unexpected disabling of his highly profitable Instagram account, Millionaire Mentor, marking the first time it has been disabled in ten years. He attributes this to multiple copyright violations that he neglected to address, believing his legacy verification and significant follower count would protect him.

Notable Quotes:
Jason Stone [00:48]: "Times a day on the million. Well, the millionaire measure is actually disabled right now. First time in ten years."
Jason Stone [01:17]: "Businesses that are built just to go after people that post their copyrighted work, and businesses will take a viral video, copyright it for five bucks, and then go after whoever posts it."

Jason highlights the prevalence of entities targeting creators for copyright strikes, often demanding payments to remove these strikes. This situation has severely impacted his income, which previously ranged from $50K to $100K monthly through Instagram, affiliate marketing, and brand endorsements.

3. Pivoting to Algorithmic Trading with Effing Capital

In response to the loss of his Instagram revenue, Jason has shifted his focus to algorithmic trading, establishing a new business called Effing Capital. He shares his extensive experience in trading spanning two decades, including crypto, stocks, penny stocks, and forex.

Notable Quotes:
Jason Stone [03:00]: "But I'm ready to pay 30, 40 grand to whoever can get it back."
Jason Stone [04:20]: "We're doing. I. I've been a trader for 20 years, on and off."

Jason explains the challenges and opportunities within the trading industry, emphasizing the high failure rate of manual traders (90% lose their money) and the advantages of automated, algorithm-driven strategies. Effing Capital employs sophisticated algorithms, some incorporating artificial intelligence, to navigate market volatility and achieve substantial returns.

Performance Metrics:

• Jason states that Effing Capital's algorithms have been averaging around 7% monthly over three years, with some months reaching up to 20%.
• He mentions a specific algorithm that maintains a two-to-one drawdown ratio, ensuring that losses are significantly outweighed by gains.

Notable Quote:
Jason Stone [11:00]: "But our, what's really dope about ours is only two to one drawdown ratio. So I know if I see a $10,000 drawdown, I'm making five grand the next day."

4. Critical Views on Cryptocurrency

Jason shares his skepticism towards the future of cryptocurrency, citing usability issues and the high incidence of scams and meme coins. He recounts personal losses due to mishandling crypto transactions, reinforcing his belief that crypto is not user-friendly for the general populace.

Notable Quotes:
Jason Stone [13:03]: "I have zero crypto."
Jason Stone [13:21]: "I don't think we're ever getting going to get there."

He criticizes the complexity of crypto transactions for newcomers and doubts the practicality of cryptocurrencies becoming mainstream financial tools. Jason prefers focusing on algorithmic trading over crypto investments, which he views as more stable and reliable.

5. Other Business Ventures: E-commerce and Real Estate

Jason touches on his ventures in e-commerce and real estate, although these are secondary to his primary focus on trading. He mentions his longstanding e-commerce business, Treadstone Performance, which specializes in automotive parts and has been operational for over 25 years.

Notable Quotes:
Jason Stone [19:16]: "I've been doing e Commerce for 25 years actually."
Jason Stone [19:56]: "And e-commerce margins are thin, dude."

Despite early success on platforms like eBay, Jason acknowledges the current challenges in e-commerce, including rising marketing costs and thin profit margins. His real estate endeavors include owning a Jiu Jitsu gym, Effing Capital, which is still not breaking even and has accumulated significant debt.

6. Passion for Jiu Jitsu and Personal Development

Beyond business, Jason is deeply passionate about Jiu Jitsu, practicing for five years and earning a purple belt. He emphasizes the martial art's benefits in building confidence, self-defense skills, and discipline.

Notable Quotes:
Jason Stone [23:06]: "I definitely would recommend. If you're a parent and you have kids, put your kids in Jiu Jitsu."
Jason Stone [24:05]: "No, I just got my purple belt."

Jason advocates for Jiu Jitsu as a lifelong skill that enhances personal security and mental resilience, drawing parallels to the adrenaline response in confrontational situations and the importance of controlled responses.

7. Challenges and Future Plans

Jason discusses the financial struggles of running his Jiu Jitsu gym in Wynwood, with high rent and initial capital investment leading to significant debt. Despite these challenges, he remains committed to the venture out of passion rather than profit.

Notable Quotes:
Jason Stone [26:37]: "Thing is, I'm doing it for a passion, though."
Jason Stone [26:48]: "Yeah. I'm not doing the gym to make money. And if it loses more money for the next year, I'm okay with it."

Looking ahead, Jason plans to expand Effing Capital into a regulated fund, adapting his algorithms to comply with U.S. trading regulations and onboarding clients through a licensing loophole in the Virgin Islands.

Notable Quotes:
Jason Stone [16:07]: "We're going to plan on making a fund out of it."
Jason Stone [17:05]: "The US clients will actually get onboarded through a license through svg, which is the Virgin Grenadines Virgin Islands over there."

8. Closing Remarks and Contact Information

As the episode concludes, Jason provides information for listeners interested in learning more about his ventures or investing in Effing Capital. He directs audiences to Effing Capital's website, Millmentor.com, and his personal Instagram handle, Jason__Stone, which he hopes to recover from its current disabled status.

Notable Quotes:
Jason Stone [29:07]: "Effing Capital IO is algorithmic trading. Millmentor.com is the blog. And if you want to get a hold of me on my personal Instagram because Millionaire mentor is down. Jason double underscore stone."

Sean Kelly wraps up by thanking Jason for sharing his journey and insights, encouraging listeners to connect with him through the provided channels.

Key Takeaways

• Resilience in Entrepreneurship: Jason Stone exemplifies adaptability by pivoting from a successful Instagram-based business to algorithmic trading following unexpected setbacks.

• Importance of Compliance: Overlooking copyright violations led to significant financial losses, highlighting the critical nature of adhering to platform policies.

• Algorithmic Trading vs. Manual Trading: Jason underscores the higher success rates of automated trading systems over manual methods, advocating for technological integration in financial strategies.

• Skepticism Towards Cryptocurrency: Despite early involvement, Jason's experiences have led him to view crypto as unreliable and user-unfriendly, preferring more stable investment avenues.

• Balancing Passion and Business: Maintaining a passion project, such as his Jiu Jitsu gym, demonstrates the interplay between personal interests and entrepreneurial endeavors.

Resources & Contact Information:

• Effing Capital: EffingCapitalIO.com
• Blog: Millmentor.com
• Instagram: @jason__stone (Currently disabled)

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This summary provides a comprehensive overview of Jason Stone's conversation on Digital Social Hour, capturing the essence of his experiences, business strategies, and personal passions.