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ycee

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<div class="bbWrapper">How’s someone (like say Alex Hormozi) able to make $100M before 35 vs. other founders in similar markets only net a few mil every year. Both great outcomes, but one is levels above the other. <br /> <br /> IK this is like asking what sets Kobe/Jordan apart from others but for the business world. <br /> <br /> Obviously everyone at that level is working hard and doing the necessary base-level activities. <br /> <br /> Is it simply opportunity vehicle? obsession? unreasonable sacrifice most aren&#039;t willing to do?<br /> Anyone else think about this?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72286" data-quote="ycee" data-source="post: 1026163" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026163" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026163">ycee said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How’s someone (like say Alex Hormozi) able to make $100M before 35 vs. other founders in similar markets only net a few mil every year. Both great outcomes, but one is levels above the other.<br /> <br /> IK this is like asking what sets Kobe/Jordan apart from others but for the business world.<br /> <br /> Obviously everyone at that level is working hard and doing the necessary base-level activities.<br /> <br /> Is it simply opportunity vehicle? obsession? unreasonable sacrifice most aren&#039;t willing to do?<br /> Anyone else think about this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Developing the ability to lead larger teams. <br /> <br /> Or, more precisely, the ability to lead leaders who are leading larger teams. <br /> <br /> There is only so far can you go if you fill your team with &quot;yes men&quot; and you are the one basically making every decision.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72286" data-quote="ycee" data-source="post: 1026163" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026163" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026163">ycee said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How’s someone (like say Alex Hormozi) able to make $100M before 35 vs. other founders in similar markets only net a few mil every year. Both great outcomes, but one is levels above the other.<br /> <br /> IK this is like asking what sets Kobe/Jordan apart from others but for the business world.<br /> <br /> Obviously everyone at that level is working hard and doing the necessary base-level activities.<br /> <br /> Is it simply opportunity vehicle? obsession? unreasonable sacrifice most aren&#039;t willing to do?<br /> Anyone else think about this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Many times that part comes down to a multitude of combination of factors - sometimes unknowing to you on the outcome. It&#039;s not a linear science. You can have perfect execution, be in the right vehicle, adhere to CENTS, etc - and ultimately end up 10X more or 10X less - then somebody doing the exact same work, but with a slightly different product / industry or different set of circumstances.<br /> <br /> That&#039;s the risk and reward of entrepreneurship you are discussing - where the downside is fairly limited, but the upside can be as high as the sky.<br /> <br /> <a href="https://www.thefastlaneforum.com/community/members/105183/" class="username" data-xf-init="member-tooltip" data-user-id="105183" data-username="@NeoDialectic">@NeoDialectic</a> and I discussed this topic in detail, and ultimately concluded that - yes up to a certain point effort / reward can be fairly linear. BUT outside of some minimal baseline - how it scales and the success that develops out of it can many times be attributed to some version of (I hate to say it) &#039;luck&#039; or certain lucky breaks (that effort and execution definitely produces).</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72286" data-quote="ycee" data-source="post: 1026163" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026163" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026163">ycee said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Anyone else think about this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>No. I don&#039;t think about it at all.<br /> <br /> Stuff I think about: What&#039;s the next steps for my business? Who am I helping? How can I help them better? How can I help more people? How can I get paid doing so? Should I get a video editor? How can I get faster creating content? What lead magnet can I create? What can I NOT do? What strengths am I not leveraging? What am I doing that I shouldn&#039;t be doing? What am I not doing that I should be doing? Should I even be selling courses, or just focus on client work? What habits can I do daily that I&#039;ll still be doing in a decade? What will I wish I&#039;d started today when I look back on today in a year&#039;s time?<br /> <br /> Man... so much crap in my head to figure out and/or jettison so I can be more agile and move faster.<br /> <br /> I think I&#039;m overthinking at the moment, and it bothers me. I&#039;d like more clarity, not less. I think my head is flappy from consuming on social media lately to try and get my head round it.<br /> <br /> Studying other entrepreneurs seems like it would reduce rather than improve clarity, for me at least.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72286" data-quote="ycee" data-source="post: 1026163" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026163" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026163">ycee said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How’s someone (like say Alex Hormozi) able to make $100M before 35 vs. other founders in similar markets only net a few mil every year. Both great outcomes, but one is levels above the other.<br /> <br /> IK this is like asking what sets Kobe/Jordan apart from others but for the business world.<br /> <br /> Obviously everyone at that level is working hard and doing the necessary base-level activities.<br /> <br /> Is it simply opportunity vehicle? obsession? unreasonable sacrifice most aren&#039;t willing to do?<br /> Anyone else think about this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I listened to two episodes of <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a> radio show today that made me have an epiphany about this. He talks about how the productivity and results of a TEAM is more important than the productivity for one person. He mentions how since Jeff Bezos has 750,000 employees, there&#039;s 30,000,000 hours works under Jeff&#039;s name per week, and that&#039;s how these people get so rich while simultaneously not having much to do.<br /> <br /> The name of the episodes were<br /> <br /> Episode 47 - The 1,000 Hour Work Week<br /> Episode 278 - The UNDENIABLE Secret to Immense Productivity<br /> <br /> Found this super interesting!</div>
 
<div class="bbWrapper"><a href="https://www.thefastlaneforum.com/community/members/104487/" class="username" data-xf-init="member-tooltip" data-user-id="104487" data-username="@mikecarlooch">@mikecarlooch</a> <br /> <br /> Thanks for posting up. Yes, Jeff Bezos might just be the most productive man alive… Even if he does nothing that day. Your true productivity isn’t what you do, it’s what you make happen.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72286" data-quote="ycee" data-source="post: 1026163" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026163" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026163">ycee said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How’s someone (like say Alex Hormozi) able to make $100M before 35 vs. other founders in similar markets only net a few mil every year. Both great outcomes, but one is levels above the other.<br /> <br /> IK this is like asking what sets Kobe/Jordan apart from others but for the business world.<br /> <br /> Obviously everyone at that level is working hard and doing the necessary base-level activities.<br /> <br /> Is it simply opportunity vehicle? obsession? unreasonable sacrifice most aren&#039;t willing to do?<br /> Anyone else think about this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Have you listened to the interviews with the Hormozis about their businesses?<br /> <br /> One word: leverage.<br /> <br /> The amount of leverage they have used versus other business owners is dramatically different...<br /> <br /> Here are some levels of leverage to give you an idea, from no leverage, to some leverage, to a lot of leverage, to insane leverage:<br /> - employee<br /> - freelancer / personal trainer<br /> - fitness blog / website owner<br /> - standalone gym<br /> - multi-unit gym chain<br /> - media brand<br /> - Private Equity firm or conglomerate (invests in and owns other businesses, CEOS working for you)<br /> <br /> Obviously Alex Hormozi didn&#039;t wake up one day and start building a Private Equity firm. It took him a lot of steps to get there. I know I&#039;m oversimplifying, but this is a rough outline of the type of leverage that separates $100,000 to $1 million to $1 BILLION businesses...<br /> <br /> Edit: also I might have the order wrong. Website probably has more leverage than a single brick and mortar location. But lots of B&amp;M locations make more $ than websites just because they require actual commitment</div>
 
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<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 1026207" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026207" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026207">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Your true productivity isn’t what you do, it’s what you make happen. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>^^^<br /> <br /> You reminded me of something Blaise Brosnan said once (and I paraphrase):<br /> <br /> &quot;Our job is to ask better questions, get them answered, then arrange for it to be done.&quot;<br /> <br /> He didn&#039;t say &quot;then do it&quot;.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026201" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026201" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026201">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I listened to two episodes of <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a> radio show today that made me have an epiphany about this. He talks about how the productivity and results of a TEAM is more important than the productivity for one person. He mentions how since Jeff Bezos has 750,000 employees, there&#039;s 30,000,000 hours works under Jeff&#039;s name per week, and that&#039;s how these people get so rich while simultaneously not having much to do. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> Damn that&#039;s such a brilliant way to put this. I&#039;ll give these podcasts a listen.<br /> <br /> <blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 1026207" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026207" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026207">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> <a href="https://www.thefastlaneforum.com/community/members/104487/" class="username" data-xf-init="member-tooltip" data-user-id="104487" data-username="@mikecarlooch">@mikecarlooch</a><br /> <br /> Thanks for posting up. Yes, Jeff Bezos might just be the most productive man alive… Even if he does nothing that day. Your true productivity isn’t what you do, it’s what you make happen. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> You and I have different views on business but that last sentence is awesome. You know that I heavily lean toward the solopreneur/one-man end of the spectrum but that quote made me think.<br /> <br /> Even if I can do the greatest job in the world, there comes a point where having, say, 10 people do a slightly worse job still provides more value. I actually had an interesting conversation with someone recently about it that made me think as well.</div>
 
<div class="bbWrapper"><div class="bbMediaWrapper" data-media-site-id="youtube" data-media-key="PTgGfV8Tf00"> <div class="bbMediaWrapper-inner"> <iframe src="https://www.youtube.com/embed/PTgGfV8Tf00?wmode=opaque&start=308" loading="lazy" width="560" height="315" frameborder="0" allowfullscreen="true"></iframe> </div> </div><i><span style="font-size: 10px"><a href="https://www.youtube.com/watch?v=PTgGfV8Tf00&amp;t=308s" target="_blank" class="link link--external" rel="noopener">View: https://www.youtube.com/watch?v=PTgGfV8Tf00&amp;t=308s</a></span></i><br /> <br /> <br /> Alex also talked about this in a recent video</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 5905" data-quote="MTF" data-source="post: 1026232" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026232" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026232">MTF said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Damn that&#039;s such a brilliant way to put this. I&#039;ll give these podcasts a listen. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> The man has more great episodes that are worth a listen, a few hundred in fact <img src="/community/imgs/emoticons/em-wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026258" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026258" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026258">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> <div class="bbMediaWrapper" data-media-site-id="youtube" data-media-key="PTgGfV8Tf00"> <div class="bbMediaWrapper-inner"> <iframe src="https://www.youtube.com/embed/PTgGfV8Tf00?wmode=opaque&start=308" loading="lazy" width="560" height="315" frameborder="0" allowfullscreen="true"></iframe> </div> </div><i><span style="font-size: 10px"><a href="https://www.youtube.com/watch?v=PTgGfV8Tf00&amp;t=308s" target="_blank" class="link link--external" rel="nofollow ugc noopener">View: https://www.youtube.com/watch?v=PTgGfV8Tf00&amp;t=308s</a></span></i><br /> <br /> <br /> Alex also talked about this in a recent video </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> My brain hurts watching this style of video. It&#039;s so extremely distracting I watched it for a couple of minutes and got almost nothing out of it. I don&#039;t know what&#039;s up with these videos but I can&#039;t stomach this new Gen Z style of teaching.<br /> <br /> Meanwhile, I read that one sentence by <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a> and my mind is seeing the world in a different perspective.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 5905" data-quote="MTF" data-source="post: 1026267" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026267" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026267">MTF said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> My brain hurts watching this style of video. It&#039;s so extremely distracting I watched it for a couple of minutes and got almost nothing out of it. I don&#039;t know what&#039;s up with these videos but I can&#039;t stomach this new Gen Z style of teaching.<br /> <br /> Meanwhile, I read that one sentence by <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a> and my mind is seeing the world in a different perspective. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I think they&#039;re just a flavour of the month style. I can&#039;t watch them either. I wouldn&#039;t be surpised if they go out of fashion soon enough.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 23590" data-quote="Andy Black" data-source="post: 1026275" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026275" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026275">Andy Black said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I think they&#039;re just a flavour of the month style. I can&#039;t watch them either. I wouldn&#039;t be surpised if they go out of fashion soon enough. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I agree . The videos are starting to look more like an anime than business videos lol</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 23590" data-quote="Andy Black" data-source="post: 1026180" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026180" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026180">Andy Black said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> What am I doing that I shouldn&#039;t be doing? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote> <blockquote data-attributes="member: 23590" data-quote="Andy Black" data-source="post: 1026220" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026220" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026220">Andy Black said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> ^^^<br /> <br /> You reminded me of something Blaise Brosnan said once (and I paraphrase):<br /> <br /> &quot;Our job is to ask better questions, get them answered, then arrange for it to be done.&quot;<br /> <br /> He didn&#039;t say &quot;then do it&quot;. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> So did you answer your own question here?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72777" data-quote="BizyDad" data-source="post: 1026279" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026279" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026279">BizyDad said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> So did you answer your own question here? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>After listening to Kyles episodes I still have one question for you and others. do you think that for example before going and delegating, putting together a team, that you need to do all of the things yourself? Like should you go through 1000 sales calls yourself before hiring a sales guy, make the product yourself before hiring people to create it, do a ton of marketing before bringing on a marketing guy, or is it better to just be a leader to all of these people right off the bat?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026284" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026284" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026284">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> After listening to Kyles episodes I still have one question for you and others. do you think that for example before going and delegating, putting together a team, that you need to do all of the things yourself? Like should you go through 1000 sales calls yourself before hiring a sales guy, make the product yourself before hiring people to create it, do a ton of marketing before bringing on a marketing guy, or is it better to just be a leader to all of these people right off the bat? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Mike, <br /> What do you think? Share your thoughts here first. Don’t be afraid to get out of your comfort zone.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 55234" data-quote="Antifragile" data-source="post: 1026288" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026288" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026288">Antifragile said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Mike,<br /> What do you think? Share your thoughts here first. Don’t be afraid to get out of your comfort zone. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>The reason I don’t really voice my opinions here much yet is because if I’m being honest I’m at the beginning stages where I’m just trying to navigate through a sea of confusion, sometimes feeling paralyzed by not knowing what to do, and I try to learn from those who’ve already done it. <br /> <br /> I just don’t think I can speak on something I haven’t done myself yet at a larger scale. I may be going about that wrong, but that’s the reason I ask a lot more questions than give opinions</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026293" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026293" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026293">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> The reason I don’t really voice my opinions here much yet is because if I’m being honest I’m at the beginning stages where I’m just trying to navigate through a sea of confusion, sometimes feeling paralyzed by not knowing what to do, and I try to learn from those who’ve already done it.<br /> <br /> I just don’t think I can speak on something I haven’t done myself yet at a larger scale. I may be going about that wrong, but that’s the reason I ask a lot more questions than give opinions </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I appreciate that, that’s a wise decision. I’m not asking you to tell people what to do, only share what you think within your own posts / questions. <br /> <br /> I do this with my team all the time. Ask me questions but when you do, come prepared with: <br /> 1. Here is what I think <br /> 2. Here is why I think this way<br /> 3. My question is… <br /> <br /> It’s a great way to learn. It forces you to form an opinion first. Even if wrong, it’s better than a bare question.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 55234" data-quote="Antifragile" data-source="post: 1026296" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026296" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026296">Antifragile said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I appreciate that, that’s a wise decision. I’m not asking you to tell people what to do, only share what you think within your own posts / questions.<br /> <br /> I do this with my team all the time. Ask me questions but when you do, come prepared with:<br /> 1. Here is what I think<br /> 2. Here is why I think this way<br /> 3. My question is…<br /> <br /> It’s a great way to learn. It forces you to form an opinion first. Even if wrong, it’s better than a bare question. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>This actually helps a lot, I see exactly what you mean. <br /> <br /> Voice an opinion and let others deconstruct it and tell you what’s right about it and what’s wrong. <br /> <br /> Thanks!<br /> <br /> To answer the above question of what I think, I think maybe it’s a good idea to have some skill doing all the things, but then when you figure out what comes most naturally to you, and what frustrates you to even think about, those are the things that should be hired out quick</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 1026207" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026207" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026207">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Your true productivity isn’t what you do, it’s what you make happen. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Damn. I&#039;ve been thinking a lot about productivity, working harder, etc. and this hit me like a ton of bricks.<br /> <br /> What a great quote, thanks for sharing! <img src="/community/imgs/emoticons/em-smile.png" class="smilie" loading="lazy" alt=":smile:" title="Big Smile :smile:" data-shortname=":smile:" /></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72777" data-quote="BizyDad" data-source="post: 1026279" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026279" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026279">BizyDad said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> So did you answer your own question here? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I&#039;ve no idea. Lol.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026284" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026284" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026284">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> After listening to Kyles episodes I still have one question for you and others. do you think that for example before going and delegating, putting together a team, that you need to do all of the things yourself? Like should you go through 1000 sales calls yourself before hiring a sales guy, make the product yourself before hiring people to create it, do a ton of marketing before bringing on a marketing guy, or is it better to just be a leader to all of these people right off the bat? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote> <blockquote data-attributes="member: 55234" data-quote="Antifragile" data-source="post: 1026288" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026288" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026288">Antifragile said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Mike,<br /> What do you think? Share your thoughts here first. Don’t be afraid to get out of your comfort zone. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> There is no &quot;right&quot; answer. For example, Andy keeps his biz smaller by design. He outsources very little (relatively speaking) and as far as I know has no employees (but his boys are getting older, am I right?)<br /> <br /> Kyle is the other end of the spectrum. His big hit came from partnering and managing the managers. Not to put words in his mouth, but I think he&#039;ll always espouse thinking bigger and jump before you feel you are ready.<br /> <br /> Me? I&#039;m a control freak. I don&#039;t like Ready Fire Aim tactics. I used to run my agency like Andy, but I found myself wanting more. I&#039;ll credit Kyle for convincing me to think a little bigger after his talk at the last conference. In contrast, I highly doubt I&#039;ll take the big swings like was Kyle has taken. I know my personality and I believe I&#039;d stress too much, not be able to sleep, and generally be a monster to be around. <br /> <br /> Now I am finding joy in building small teams and launching/acquiring small companies. I&#039;ve got my agency, an ecom store, a couple websites for revenue, and am in discussions with potential partners on a 3rd venture. I definitely started my journey by reading &quot;too much&quot; (no such thing imo), asking &quot;too many questions&quot;, and trying to learn everything on my own first. My process works for me, and usually that is what I tell others, especially as it relates to marketing tasks. If you learn some of it yourself, it is less likely you will be taken advantage of, and more likely that you&#039;ll be an effective manager with proper expectations of the team. Everything I learned while I was &quot;taking to long to get started&quot; comes into play now when I pull this deals together.<br /> <br /> 3 examples. None are wrong. But to echo Antifagile, what do YOU think? You have to chart your own course through the wilderness of business. Sure, others have trodden paths, and you can learn from that, but they are not you. It really is your opinion, nay, your decisions, that will matter most. <br /> <br /> And you&#039;re doing fine so far. Keep learning what you think you should learn and don&#039;t be afraid to make mistakes. Mistakes happen. Learn from them too. Hth.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026300" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026300" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026300">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> To answer the above question of what I think, I think maybe it’s a good idea to have some skill doing all the things, but then when you figure out what comes most naturally to you, and what frustrates you to even think about, those are the things that should be hired out quick </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> The first step on the road to success is knowing what you want. Otherwise, how would you know when you get there?<br /> <br /> Say you want a 9-figure exit, that means at least a $100M valuation for your company. To do that you need to scale and plug-in support where you need it most.<br /> <br /> But you also need to have a good handle on all aspects of the business, so you&#039;re not being taken advantage of by &quot;articulate optimists&quot;. These are the people who can make you feel safe in hiring them, but then they screw up. You need to be familiar enough with all areas of the business that you can see through their false promises.<br /> <br /> For example, you might hire a bookkeeper to do the entries, but you should still be managing your cash flow.<br /> <br /> On the other side, if you are only interested in making enough for a comfortable living, being a solo entrepreneur will mean you must do everything yourself (by definition, except tax/accounting stuff which I assume most will hire others to complete). And then there is everything in between, a small team where you are involved in 90% of your business. <br /> <br /> I am more like <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a>, I believe every business must function without me, so I chose to partner with and hire people immediately.<br /> <br /> The bottom line is this: to build a successful business, you need to know what you want, and you need to be able to spot the people who will help you get there. With those two things in place, you&#039;re well on your way to success.<br /> <br /> What does success look like to you, Mike?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72777" data-quote="BizyDad" data-source="post: 1026307" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026307" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026307">BizyDad said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Andy keeps his biz smaller by design. He outsources very little (relatively speaking) and as far as I know has no employees (but his boys are getting older, am I right?) </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I&#039;ll flesh this out a bit...<br /> <br /> I&#039;ve had one full-time software developer for over 7 years, doing the stuff I&#039;m not great at and don&#039;t want to do (building landing pages and mini-sites, and setting up conversion tracking).<br /> <br /> One of our sons now does the weekly client reports every Monday.<br /> <br /> I build and manage the Google Ads campaigns for clients, manage the client relationships, jump on client calls, hop on podcasts, and post to social media.<br /> <br /> I&#039;m the one who bounces around in forums and Facebook groups making friends, building relationships, and creating win-wins.<br /> <br /> Because I&#039;m a practitioner I can show prospects on calls where they&#039;re bleeding money, and I can create courses about how to do Google Ads and build a business around a skill.<br /> <br /> I&#039;m not ruling out hiring more people in future. I just think there&#039;s many ways to skin a cat.<br /> <br /> As <a href="https://www.thefastlaneforum.com/community/members/55234/" class="username" data-xf-init="member-tooltip" data-user-id="55234" data-username="@Antifragile">@Antifragile</a> already mentioned, figure out what your goals are and what type of business you&#039;d like to grow. You don&#039;t need to know before you start btw. You can figure it out as you go along.<br /> <br /> <br /> Back to the original question. I&#039;m sure folks have studied successful entrepreneurs, but I don&#039;t plan on reading those studies. I may get round to reading autobiographies one day, but it&#039;s not a priority for me right now.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 72777" data-quote="BizyDad" data-source="post: 1026307" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026307" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026307">BizyDad said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> There is no &quot;right&quot; answer. For example, Andy keeps his biz smaller by design. He outsources very little (relatively speaking) and as far as I know has no employees (but his boys are getting older, am I right?)<br /> <br /> Kyle is the other end of the spectrum. His big hit came from partnering and managing the managers. Not to put words in his mouth, but I think he&#039;ll always espouse thinking bigger and jump before you feel you are ready.<br /> <br /> Me? I&#039;m a control freak. I don&#039;t like Ready Fire Aim tactics. I used to run my agency like Andy, but I found myself wanting more. I&#039;ll credit Kyle for convincing me to think a little bigger after his talk at the last conference. In contrast, I highly doubt I&#039;ll take the big swings like was Kyle has taken. I know my personality and I believe I&#039;d stress too much, not be able to sleep, and generally be a monster to be around.<br /> <br /> Now I am finding joy in building small teams and launching/acquiring small companies. I&#039;ve got my agency, an ecom store, a couple websites for revenue, and am in discussions with potential partners on a 3rd venture. I definitely started my journey by reading &quot;too much&quot; (no such thing imo), asking &quot;too many questions&quot;, and trying to learn everything on my own first. My process works for me, and usually that is what I tell others, especially as it relates to marketing tasks. If you learn some of it yourself, it is less likely you will be taken advantage of, and more likely that you&#039;ll be an effective manager with proper expectations of the team. Everything I learned while I was &quot;taking to long to get started&quot; comes into play now when I pull this deals together.<br /> <br /> 3 examples. None are wrong. But to echo Antifagile, what do YOU think? You have to chart your own course through the wilderness of business. Sure, others have trodden paths, and you can learn from that, but they are not you. It really is your opinion, nay, your decisions, that will matter most.<br /> <br /> And you&#039;re doing fine so far. Keep learning what you think you should learn and don&#039;t be afraid to make mistakes. Mistakes happen. Learn from them too. Hth. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thanks so much.<br /> <br /> The more people I ask questions like this the more I have to stop denying that there&#039;s no real known path besides the framework of delegation &amp; scale.<br /> <br /> I guess my problem really is just that I&#039;m afraid to lose money and fail. The randomness of doing things that might not work and may just burn a hole in my pocket is what scares me.<br /> <br /> Spending time on the wrong things also scares me.<br /> <br /> But spending time thinking about spending time on the wrong things is wasting time..<br /> <br /> So I guess doing things that I think are right that may turn out to be completely wrong and big mistakes is the path required..<br /> <br /> It&#039;s a realization I knew deep down but didn&#039;t really have the courage to admit that it&#039;s true and no one has the answer for me.<br /> <br /> There is no path... and that is the biggest answer to my problems..</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 104487" data-quote="mikecarlooch" data-source="post: 1026320" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026320" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026320">mikecarlooch said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Thanks so much.<br /> <br /> The more people I ask questions like this the more I have to stop denying that there&#039;s no real known path besides the framework of delegation &amp; scale.<br /> <br /> I guess my problem really is just that I&#039;m afraid to lose money and fail. The randomness of doing things that might not work and may just burn a hole in my pocket is what scares me.<br /> <br /> Spending time on the wrong things also scares me.<br /> <br /> But spending time thinking about spending time on the wrong things is wasting time..<br /> <br /> So I guess doing things that I think are right that may turn out to be completely wrong and big mistakes is the path required..<br /> <br /> It&#039;s a realization I knew deep down but didn&#039;t really have the courage to admit that it&#039;s true and no one has the answer for me.<br /> <br /> There is no path... and that is the biggest answer to my problems.. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>There is no path.<br /> <br /> How cool is that?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 55234" data-quote="Antifragile" data-source="post: 1026310" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026310" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026310">Antifragile said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> The first step on the road to success is knowing what you want. Otherwise, how would you know when you get there?<br /> <br /> Say you want a 9-figure exit, that means at least a $100M valuation for your company. To do that you need to scale and plug-in support where you need it most.<br /> <br /> But you also need to have a good handle on all aspects of the business, so you&#039;re not being taken advantage of by &quot;articulate optimists&quot;. These are the people who can make you feel safe in hiring them, but then they screw up. You need to be familiar enough with all areas of the business that you can see through their false promises.<br /> <br /> For example, you might hire a bookkeeper to do the entries, but you should still be managing your cash flow.<br /> <br /> On the other side, if you are only interested in making enough for a comfortable living, being a solo entrepreneur will mean you must do everything yourself (by definition, except tax/accounting stuff which I assume most will hire others to complete). And then there is everything in between, a small team where you are involved in 90% of your business.<br /> <br /> I am more like <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a>, I believe every business must function without me, so I chose to partner with and hire people immediately.<br /> <br /> The bottom line is this: to build a successful business, you need to know what you want, and you need to be able to spot the people who will help you get there. With those two things in place, you&#039;re well on your way to success. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thank you for this.. this answers my question very well.<br /> <blockquote data-attributes="member: 55234" data-quote="Antifragile" data-source="post: 1026310" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026310" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026310">Antifragile said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> What does success look like to you, Mike? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I&#039;m not going to sugar coat it, I&#039;m in the same boat as you and Kyle.<br /> <br /> One goal I have written down and committed to mind like the back of my hand is a 9-figure exit. Specifically, $176m. Why? long story. (i know.. i know it&#039;s like someone coming on the forum saying &quot;I&#039;m gonna be a billionaire&quot;, but this is just what I want in life and more)<br /> <br /> It seems crazy for me to say it out loud here, since I am not even at the $100k mark yet, but that is what success looks like to me.<br /> <br /> I also had a realization recently that money really is the wrong metric to chase though (<a href="https://www.thefastlaneforum.com/community/members/23590/" class="username" data-xf-init="member-tooltip" data-user-id="23590" data-username="@Andy Black">@Andy Black</a> and Darren Hardy - The Entrepreneur Roller Coaster), and that &quot;people helped&quot; is a better metric, so helping a lot of people with a large amount of money being a byproduct of it, is my definition of success.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 23590" data-quote="Andy Black" data-source="post: 1026323" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1026323" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1026323">Andy Black said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> There is no path.<br /> <br /> How cool is that? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Acceptance of that is the biggest clarity, for real. <br /> <br /> Makes me know that I just need to try things I never have before and spend money &amp; time on stuff that might not work</div>
 

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