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Actionfaker

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Jul 12, 2020
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How does one regain confidence in their skills? Any books, articles, suggestions, personal experiences?

Whatever I start these days or any new ideas I have, I quickly shoot them down. And in general, I feel like I have zero knowledge and value to share with others.

I can't get out of this cycle and can't imagine that in the past I used to just do lots of stuff without ever questioning myself. I look back and think I was one arrogant m*****ucker.
Interesting post and I liked all responses, especially @Primeperiwinkle 's one which in my opinion warrants a new forum function where you can simultaneously laugh at, love and thank a post.

Just observing here, but (as someone who feels like he hasn't been particularly good at any skill in particular for a long time) it seems like you're kind of stuck in a fixed mindset. As mentioned, only you can figure out what it is that you're after, but perhaps (part of) the reason you're struggling is you haven't been able to find a strong WHY/purpose. Originally (part of) this might have been escaping the rat race and now you have (mad props btw! I know it isn't, but just this should be enough reason for you to feel good about yourself, 99.9% or whatever amount of people never will) and you just don't have as strong a purpose to continuously and consistently do the work. What do you come up with if you do the thought experiment from MJ's new book about your purpose after you're more than set for life and done all you want?

The fixed mindset I referred to is from the book Mindset by Carol Dweck I'm currently reading (would recommend it). In case you don't know the book, it's about the fixed mindset and the growth mindset, kind of similar to what @Kak always talks about with the external and internal locus of control. Reading your posts, it seems like you're stuck on believing your writing (and other skills) isn't particularly good and you won't even attempt starting a new project anymore, because what's the point, others are better at it/it won't be good etc. as if it were a fixed deal.

Now, let's just assume your writing is shit/average at best and all your success with it was mostly due to luck and being at the right place at the right time, as you seem to insist on this (no one else seems to believe so, but let's act as if this were true). So what? Does this destroy your self-worth? Can you only feel good about yourself if you can prove to yourself you're a good writer/salesman? Well, if that's the case, or it would help you feel better, then it's obvious what you need to do: learn to become a better writer/at sales/whatever. What are you doing to improve, how do you measure your skill?

In case you feel like you can't improve to the level you want to be at (obviously false, well in almost all situations at least) dig down and find out where these limiting beliefs come from. If it's more about motivation and you don't REALLY want to improve/become (or stay) very good at something now, go back to the purpose thought experiment or, if you're in a place right now where you feel like you don't really want to dedicate yourself to anything in particular, then that's OK too. Only you can decide this for yourself, don't let others pressure you into thinking you must do great things asap (obviously don't mistake short-term for delayed gratification either).

To summarize: you're probably a lot better than you're giving yourself credit for already now and you have the option to decide you're going to get A LOT better still.
 
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@Actionfaker, very thoughtful post, thank you. Will think about what you said. I've heard of this book many times but never read it, assuming it's another generic self-help title.
 

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LOL these scams get more and more ridiculous. Got this message today:

I am Josh and I am the Admin of Drone donation Organization. At Drone donation Organization, we seek to help to give drones to poor by collecting bitcoins , We collected more than 10000$ for this project and need little over 1000 to 2000$ to complete.

We need your support to complete our mission.

Would you consider donating any amount of bitcoins to help us achieve our mission?

If you have any questions, I would be happy to provide you with more information about how you can help support our work.

Please send the bitcoins to this address 3Ebcp5JxhU8x6Lw379bePfw2MtfV3cKWbQ

Please join us! With your donation, we’re one step closer to treat poor children!

Sincerely,

Josh

Drone Donation Organization (DDO)

Let's solve world poverty one drone at a time! I'm sure that all the problems of poor children will go away once they get a drone (bought with bitcoin).
 
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jdm667

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LOL these scams get more and more ridiculous. Got this message today:



Let's solve world poverty one drone at a time! I'm sure that all the problems of poor children will go away once they get a drone (bought with bitcoin).
Maybe he plans on using the drones for a flyover to drop off food and supplies ... yeah I'm sure that's it.

But he totally needs bitcoin to buy them. Drones bought with any other currency just won't do.
 

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Maybe he plans on using the drones for a flyover to drop off food and supplies ... yeah I'm sure that's it.

But he totally needs bitcoin to buy them. Drones bought with any other currency just won't do.
If you drone strike poor kids (like a certain country) you don't have to feed them anymore.

There, I just solved poverty. You can thank me later.
 

thechosen1

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I hope when the forum completes its upgrade it gets downvote functionality for posts.
It exists for questions!

I can already see so many fights over this for general posts hahaha
 

jdm667

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If you drone strike poor kids (like a certain country) you don't have to feed them anymore.

There, I just solved poverty. You can thank me later.
Sounds like when Venezuela stopped counting deaths from hunger to "solve" the hunger problem. All in a day's work.
 
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thechosen1

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Sounds like when Venezuela stopped counting deaths from hunger to "solve" the hunger problem. All in a day's work.
Yup, that one deserves a nice pat on the back.
 

MA81

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thechosen1

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This is absolutely the case.

It’s hard to be depressed when you are laser focused on a goal.

That’s a feeling I crave, and that all the successful people on the forum probably do too.

The inaction is the real killer.
When I’m not chasing a goal or working towards something, that’s when I might get depressed.

All the cliches are true. There’s a reason why they are cliches. It is the journey, not the destination...
 

realtalk

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Jun 17, 2019
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How does one regain confidence in their skills? Any books, articles, suggestions, personal experiences?

Whatever I start these days or any new ideas I have, I quickly shoot them down. And in general, I feel like I have zero knowledge and value to share with others.

I can't get out of this cycle and can't imagine that in the past I used to just do lots of stuff without ever questioning myself. I look back and think I was one arrogant m*****ucker.

I am guilty of killing my own ideas in much the same way you are. I know there are people who could, if they wanted, execute on my ideas MUCH better than I can. I believe this is just a reality of life. No matter the pursuit there will always be someone who could do it better.

Something I've found helpful is to realize, even though I am not the BEST at what I do, there are still a lot of people out there who will find what I'm offering valuable because RELATIVELY speaking I am further along the development path in my industry than they are. So for all the people who do not need what I'm offering there are still many who will find value in it.

I'm curious if anyone has written more about this topic? The "I need to be the BEST at what I do before I put anything on the market" line of reasoning is quite a poisonous idea killer (at least for myself). For some reason I think @Andy Black may have but I can't seem to find the thread at the moment.
 

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I am guilty of killing my own ideas in much the same way you are. I know there are people who could, if they wanted, execute on my ideas MUCH better than I can. I believe this is just a reality of life. No matter the pursuit there will always be someone who could do it better.

Something I've found helpful is to realize, even though I am not the BEST at what I do, there are still a lot of people out there who will find what I'm offering valuable because RELATIVELY speaking I am further along the development path in my industry than they are. So for all the people who do not need what I'm offering there are still many who will find value in it.

I'm curious if anyone has written more about this topic? The "I need to be the BEST at what I do before I put anything on the market" line of reasoning is quite a poisonous idea killer (at least for myself). For some reason I think @Andy Black may have but I can't seem to find the thread at the moment.
You don’t have to be the best to help people.

You don’t even have to be better than the person you’re helping.

Maybe I hire a Google Ads specialist who isn’t at my skill level, but because I don’t have time to do some project?

I could link to lots of threads I created on this. I think it mostly stems from inward thinking, instead of thinking about who you’re helping.

If you saw an old lady struggling with her groceries would you not rush over to help because someone on the car lot is stronger than you?

Here’s a few threads. I think they’re all saying the same thing, but I’m a different way. Maybe one will resonate:
 
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Antifragile

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I wish there were more entrepreneurs discussing bigger ambitions here. More people unafraid of hard work. Like @Kak 's "think big and then think BIGGER" (I've used that a lot for my own business planning - gets you thinking!).

People who aren't concerned with "lifestyle" and instead seeking to produce massive output, massive value.

Unafraid of family commitments, kids, dogs etc. Unafraid to build a large business. Such people to discuss challenges of being on the path to the 9 figure net worth, not just for money sake - but because it's energizing, uplifting, no matter how hard.

Where your challenges are both micro and macro. Where the economy and government isn't something to bitch and whine about on rants, but to debate because decisions you make are big ticket. Instead of talking about "hyper inflation" as a local reports, talking about the impact of it on your business! Discussing solutions. Where you are responsible for other people's mortgages and lives. Where choosing the size of your downtown office in a "hybrid" work environment is an event affecting your staff retention. Bigger problems and bigger solutions.

I feel the forum posts are dominated by those who are seeking comfort, online business "solo" small success to be able to have a "lifestyle". Nothing wrong with that, different strokes for different folks, but personally I'd want to engage in conversations with people who are hungry for more.

I want to be energized reading posts of amazing new cool shit people do. Yet lately I find posts (especially @MTF, yup calling you out again bud) to be real downers. Many of the replies are downers too. Like that "Prince" character with his shit attitude towards Goggins. Reading stuff like that, I can't help but wonder... do I belong here? Isn't this an entrepreneur forum? What does it stand for? Who's the ideal customer for this place?

/rant
 

Mike Partee

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People who aren't concerned with "lifestyle" and instead seeking to produce massive output, massive value.
What's interesting about this argument is (...and excuse me saying the quiet part out loud).

Hard Work and Value aren't mutually exclusive: That's slowlane thinking.

What does matter is Leverage & Distribution. If you offer value with limitless production capacity and mass reach, you'll be rich. You can get this through enough Inventiveness / Ingenuity alone, but not Hard Work alone.

But you'll say "You can't be inventive without working."

Okay, I agree. So how do we manage this dichotomy?

Being extremely disciplined in ~10% of life's most important affairs, while being loose in the remaining 90% has given me enough free space for life's spontaneity and joy to exist, while still achieving what I want. Living this way has made me very happy AND productive. My referral business will make ~$1 Million this year.

In Nassim Taleb's words, this is "asymmetry" in its finest form. Weight Training is another asymmetry, where gaining strength is best achieved with very small numbers of repetitions with VERY heavy weight...NOT pumping reps, as one would expect...

I've found productivity and success to have a similar property...
 
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thechosen1

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I wish there were more entrepreneurs discussing bigger ambitions here. More people unafraid of hard work. Like @Kak 's "think big and then think BIGGER" (I've used that a lot for my own business planning - gets you thinking!).

People who aren't concerned with "lifestyle" and instead seeking to produce massive output, massive value.

Unafraid of family commitments, kids, dogs etc. Unafraid to build a large business. Such people to discuss challenges of being on the path to the 9 figure net worth, not just for money sake - but because it's energizing, uplifting, no matter how hard.

Where your challenges are both micro and macro. Where the economy and government isn't something to bitch and whine about on rants, but to debate because decisions you make are big ticket. Instead of talking about "hyper inflation" as a local reports, talking about the impact of it on your business! Discussing solutions. Where you are responsible for other people's mortgages and lives. Where choosing the size of your downtown office in a "hybrid" work environment is an event affecting your staff retention. Bigger problems and bigger solutions.

I feel the forum posts are dominated by those who are seeking comfort, online business "solo" small success to be able to have a "lifestyle". Nothing wrong with that, different strokes for different folks, but personally I'd want to engage in conversations with people who are hungry for more.

I want to be energized reading posts of amazing new cool shit people do. Yet lately I find posts (especially @MTF, yup calling you out again bud) to be real downers. Many of the replies are downers too. Like that "Prince" character with his shit attitude towards Goggins. Reading stuff like that, I can't help but wonder... do I belong here? Isn't this an entrepreneur forum? What does it stand for? Who's the ideal customer for this place?

/rant
That definitely happens here!
It’s up to you of course, but there are absolutely people who frequent the forum who are building big businesses.

I’ve seen what you do and can verify it is big :) we do big, too. Everyone here is in different stages of their personal journey, of course, and the highest level guys don’t frequent the chat threads - usually just their own threads.

That being said, yes, there are absolutely big thinkers taking big action here!

And I know there are a lot of little political rants, but I want to say my biggest one comes from a place of “bigger,” and involves foreign competition with basically “dumping” level prices. Since we are one of the biggest in the US for our industry, that stuff makes a big difference. But the quality productocracy has us still getting lots of output. You probably know what I’m talking about since we chat off of here.

Anyway, hope you stick around :)
 
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MTF

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I wish there were more entrepreneurs discussing bigger ambitions here. More people unafraid of hard work. Like @Kak 's "think big and then think BIGGER" (I've used that a lot for my own business planning - gets you thinking!).

People who aren't concerned with "lifestyle" and instead seeking to produce massive output, massive value.

Unafraid of family commitments, kids, dogs etc. Unafraid to build a large business. Such people to discuss challenges of being on the path to the 9 figure net worth, not just for money sake - but because it's energizing, uplifting, no matter how hard.

Where your challenges are both micro and macro. Where the economy and government isn't something to bitch and whine about on rants, but to debate because decisions you make are big ticket. Instead of talking about "hyper inflation" as a local reports, talking about the impact of it on your business! Discussing solutions. Where you are responsible for other people's mortgages and lives. Where choosing the size of your downtown office in a "hybrid" work environment is an event affecting your staff retention. Bigger problems and bigger solutions.

I feel the forum posts are dominated by those who are seeking comfort, online business "solo" small success to be able to have a "lifestyle". Nothing wrong with that, different strokes for different folks, but personally I'd want to engage in conversations with people who are hungry for more.

I want to be energized reading posts of amazing new cool shit people do. Yet lately I find posts (especially @MTF, yup calling you out again bud) to be real downers. Many of the replies are downers too. Like that "Prince" character with his shit attitude towards Goggins. Reading stuff like that, I can't help but wonder... do I belong here? Isn't this an entrepreneur forum? What does it stand for? Who's the ideal customer for this place?

/rant

I'm sorry I contributed to the way you feel.

To me, the Fastlane has never meant having a huge business. This in itself is IMO just another shade of working 9 to 5, only you have a different set of shackles.

The way I see it, the Fastlane is about rapidly building your wealth to the point you can be free and then enjoying your life however you want it to be.

If afterward you decide to keep going until you reach 9 figures that's obviously okay but I don't think that MJ is into that. Which is precisely why I appreciate him so much. He's not pretending to be a crazy pushy hard worker like Grant Cardone or another similar cheesy guru. He doesn't tell people to keep chasing more when they're happy where they are. I think this requires a lot of maturity and self-awareness and is also a huge accomplishment in itself.

I've read recently the autobiographies of Will Smith and Kevin Hart. I think that you'd particularly enjoy Will's. He talks a lot about always pushing more. But then in one chapter he realizes he is unable of contentment when he's faced with the prospect of spending an entire day with friends doing nothing. He goes crazy as he can't just let go and live a non-growth-obsessed life for a moment.

Not saying anyone in particular has this problem here (I definitely do). Just pointing out that there's a lot of life beyond always chasing more and bigger and that's what I believe makes TMF stand out. It's not just another "let's hustle for f*ck knows what until the day we die" cult. This is also why I enjoy so much posts by @SteveO or @biophase. These guys enjoy incredible wealth but more importantly, also incredible freedom. This, to me, matters way more than some 9-figure entrepreneur who has nothing beyond his corporation.

What's interesting about this argument is (...and excuse me saying the quiet part out loud).

Hard Work and Value aren't mutually exclusive: That's slowlane thinking.

What does matter is Leverage & Distribution. If you offer value with limitless production capacity and mass reach, you'll be rich. You can get this through enough Inventiveness / Ingenuity alone, but not Hard Work alone.

But you'll say "You can't be inventive without working."

Okay, I agree. So how do we manage this dichotomy?

Being extremely disciplined in ~10% of life's most important affairs, while being loose in the remaining 90% has given me enough free space for life's spontaneity and joy to exist, while still achieving what I want. Living this way has made me very happy AND productive. My referral business will make ~$1 Million this year.

In Nassim Taleb's words, this is "asymmetry" in its finest form. Weight Training is another asymmetry, where gaining strength is best achieved with very small numbers of repetitions with VERY heavy weight.

I've found productivity and success to have a similar property...

100%. Hard work may help but we wouldn't have most of today's inventions if the inventors merely worked hard. Creativity is where it's at. You can't brute force it.

Per Naval:

In fact, if you’re starting out today as a young, ambitious person, you don’t learn real estate; you don’t learn coal and oil mining; you don’t go into the extraction of physical resources to create wealth. You go into ideas space. You go into programming, books, movies, blogs and podcasts and building robots, which are mostly intellectual property underneath.

Even as a human civilization, we’re moving away from conquering physical resources and moving much more into trading of ideas.
 

Itizn

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I wish there were more entrepreneurs discussing bigger ambitions here. More people unafraid of hard work. Like @Kak 's "think big and then think BIGGER" (I've used that a lot for my own business planning - gets you thinking!).

I feel the forum posts are dominated by those who are seeking comfort, online business "solo" small success to be able to have a "lifestyle". Nothing wrong with that, different strokes for different folks, but personally I'd want to engage in conversations with people who are hungry for more.

View: https://www.youtube.com/watch?v=1dv8P-gEuqY
 

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I wish there were more entrepreneurs discussing bigger ambitions here. More people unafraid of hard work. Like @Kak 's "think big and then think BIGGER" (I've used that a lot for my own business planning - gets you thinking!).

People who aren't concerned with "lifestyle" and instead seeking to produce massive output, massive value.

Unafraid of family commitments, kids, dogs etc. Unafraid to build a large business. Such people to discuss challenges of being on the path to the 9 figure net worth, not just for money sake - but because it's energizing, uplifting, no matter how hard.

Where your challenges are both micro and macro. Where the economy and government isn't something to bitch and whine about on rants, but to debate because decisions you make are big ticket. Instead of talking about "hyper inflation" as a local reports, talking about the impact of it on your business! Discussing solutions. Where you are responsible for other people's mortgages and lives. Where choosing the size of your downtown office in a "hybrid" work environment is an event affecting your staff retention. Bigger problems and bigger solutions.

I feel the forum posts are dominated by those who are seeking comfort, online business "solo" small success to be able to have a "lifestyle". Nothing wrong with that, different strokes for different folks, but personally I'd want to engage in conversations with people who are hungry for more.

I want to be energized reading posts of amazing new cool shit people do. Yet lately I find posts (especially @MTF, yup calling you out again bud) to be real downers. Many of the replies are downers too. Like that "Prince" character with his shit attitude towards Goggins. Reading stuff like that, I can't help but wonder... do I belong here? Isn't this an entrepreneur forum? What does it stand for? Who's the ideal customer for this place?

/rant
I think a lot of our experience of the forum comes down to how we use it. Who we follow, what threads we subscribe to, what we engage with, what threads we start, etc.

I’d guess most forum members are starting out and trying to replace a job with solopreneur income.

Maybe read less of those threads?

Maybe start the threads you want to see, and similar minded folks will follow?
 
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thechosen1

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I'm sorry I contributed to the way you feel.

To me, the Fastlane has never meant having a huge business. This in itself is IMO just another shade of working 9 to 5, only you have a different set of shackles.

The way I see it, the Fastlane is about rapidly building your wealth to the point you can be free and then enjoying your life however you want it to be.

If afterward you decide to keep going until you reach 9 figures that's obviously okay but I don't think that MJ is into that. Which is precisely why I appreciate him so much. He's not pretending to be a crazy pushy hard worker like Grant Cardone or another similar cheesy guru. He doesn't tell people to keep chasing more when they're happy where they are. I think this requires a lot of maturity and self-awareness and is also a huge accomplishment in itself.

I've read recently the autobiographies of Will Smith and Kevin Hart. I think that you'd particularly enjoy Will's. He talks a lot about always pushing more. But then in one chapter he realizes he is unable of contentment when he's faced with the prospect of spending an entire day with friends doing nothing. He goes crazy as he can't just let go and live a non-growth-obsessed life for a moment.

Not saying anyone in particular has this problem here (I definitely do). Just pointing out that there's a lot of life beyond always chasing more and bigger and that's what I believe makes TMF stand out. It's not just another "let's hustle for f*ck knows what until the day we die" cult. This is also why I enjoy so much posts by @SteveO or @biophase. These guys enjoy incredible wealth but more importantly, also incredible freedom. This, to me, matters way more than some 9-figure entrepreneur who has nothing beyond his corporation.



100%. Hard work may help but we wouldn't have most of today's inventions if the inventors merely worked hard. Creativity is where it's at. You can't brute force it.

Per Naval:
I appreciate this a lot too and think it’s an invaluable point. Gotta ask why you’re doing what you’re doing. Of course, everyone has different motivations!
 

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People who aren't concerned with "lifestyle" and instead seeking to produce massive output, massive value

Unafraid of family commitments, kids, dogs etc. Unafraid to build a large business. Such people to discuss challenges of being on the path to the 9 figure net worth, not just for money sake - but because it's energizing, uplifting, no matter how hard.

I think this depends on how you judge massive value. I feel like you may be correlating it with money. Because if you really look at a huge company, let's say Coca-Cola for example. How do you judge if that company is providing massive value or just a massive gross and net revenue?

I also don't think that people who are doing a smaller business are "afraid" of the things you mentioned. To be honest, I think it is because we don't know how to go from $5M to $50M. I talk to alot of people on this forum with very successful businesses. And many of us simply don't know how to make the leap. And we also don't want to risk our life savings that we've worked so hard to earn to invest into making that leap. Earning $1M is hard work, and simply going all in and plowing that into something risky is hard to do.

On the other hand, I have friends in Silicon Valley that begin their business by getting funding. That is their step one, to get $1-$5M. Then they try to exit for $50M in 5 years. That is a totally different type of entrepreneur than you see on this forum. They are on different forums filled with people in incubators. Listening to them speak is like a foreign language compared to here. For them, the $1M invested into a high risk high return business isn't that hard because it wasn't their hard earned $1M.

I can speak for myself personally, when I say that I'm not concerned with "lifestyle" any more. But trying to increase my net worth by 2x, 3x or 10x requires alot of hard work and doesn't change my life at all. So I don't know what the point is. If I wanted to provide massive value without massive headaches, I'd just start a non-profit foundation.

I knew there was a shift in my mindset when I stopped watching Shark Tank. 10 years ago, I would have killed to get on Shark Tank and get an investment. Now, when I hear about that show the last thing I want is an investment because it means more work and responsibility for little payoff.
 

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Not saying anyone in particular has this problem here (I definitely do). Just pointing out that there's a lot of life beyond always chasing more and bigger and that's what I believe makes TMF stand out. It's not just another "let's hustle for f*ck knows what until the day we die" cult. This is also why I enjoy so much posts by @SteveO or @biophase. These guys enjoy incredible wealth but more importantly, also incredible freedom. This, to me, matters way more than some 9-figure entrepreneur who has nothing beyond his corporation.

100%. Hard work may help but we wouldn't have most of today's inventions if the inventors merely worked hard. Creativity is where it's at. You can't brute force it.

I have been struggling with this lately. I keep asking myself, What's the point? It's kind of a weird question right? Because this whole forum is kind of based upon making money and achieving freedom. So what is the point on making more and more if you've achieved your freedom.

This is kind of a brag and kind of sad at the same time. I spend my hours on zillow looking for homes in expensive ski towns. Right now, I'm trying to decide between a 4th house in Park City or Aspen. Want to know why? Because they cost alot of money and are just within and just out of my current reach. Ever notice that a younger person's goal is a Lambo or Ferrari. But once they are successful and get older, they don't talk about the car goals anymore? That's because they can go buy it whenever they want. A $150k car is no longer an achievement. Now it's a $1.5M house. Later it may become a $7M jet. Your goal needs to be out of current reach.

Getting back to my Park City home. Yes, it's the current goal. But then I step back and ask why? My answer is that I'm literally making up new goals just to have goals. It's not like the Park City home is my dream home. Heck I just went there in August and didn't even like it that much. LOL.

Maybe I need to find another goal then. But what is out of reach currently, if it doesn't have to do with money?
 

thechosen1

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I have been struggling with this lately. I keep asking myself, What's the point? It's kind of a weird question right? Because this whole forum is kind of based upon making money and achieving freedom. So what is the point on making more and more if you've achieved your freedom.

This is kind of a brag and kind of sad at the same time. I spend my hours on zillow looking for homes in expensive ski towns. Right now, I'm trying to decide between a 4th house in Park City or Aspen. Want to know why? Because they cost alot of money and are just within and just out of my current reach. Ever notice that a younger person's goal is a Lambo or Ferrari. But once they are successful and get older, they don't talk about the car goals anymore? That's because they can go buy it whenever they want. A $150k car is no longer an achievement. Now it's a $1.5M house. Later it may become a $7M jet. Your goal needs to be out of current reach.

Getting back to my Park City home. Yes, it's the current goal. But then I step back and ask why? My answer is that I'm literally making up new goals just to have goals. It's not like the Park City home is my dream home. Heck I just went there in August and didn't even like it that much. LOL.

Maybe I need to find another goal then. But what is out of reach currently, if it doesn't have to do with money?
What if you started investing in other entrepreneurs, or become a private lender?

You would be providing value in the form of financing businesses, you could grow your own net worth (and get fancier ski homes!) while making an impact through organizations that are on that next level.

This could also be done as partnering.

That’s one way I could see you nailing all of these issues at once.

Another idea is to do that charitable work. You could try to “make a movement,” too. That interests me in the future.

Lastly, if you want to take your business really far ($50M+), you could lever up and just get all your ducks in a row with regards to liability protection and insurance.

It is extraordinarily rare to go from 5-50 million without debt or investors. Also kind of a waste since you can get those so readily.
 
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Kak

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So I come look in this thread, after being berated for supporting hustle culture of the late 10s, to discover a pretty on-point post from @Antifragile. So I'm putting the generic thousandaire fastlane excuse maker on trial here.

I am someone who appreciates this place to this highest extent someone possibly could. It has been there for me in the shit times and there for me in the great times. It has even been responsible for some of the great times.

I talked about this in my speech at the summit in 2020, and since then, this trend has only continued. There is a divide. People who want to build something bigger than them. People who want to make more than a living. People who actually believe they are made for more than 8 hours a day, 5 days a week. And people who unfortunately want to just replace a job with a different job that they can somehow justify as "freedom,” when it isn't.

A onepreneur business requires everything you have and the performance of a spectrum of tasks no single person will ever master all of. I admit I'm not good enough at those things to start a wonderfully lucrative onepreneur venture. I literally am not up for it. It sounds like exhausting and unrewarding work to me.

The irony is, my "built medium" from the beginning style businesses that I own, have absolutely required less of me than most people's onepreneur business.

There’s few exceptions to my belief that the vast majority of people actually do want more, even if they’ll swear to the moon and back that they don’t. My theory is that they don’t believe they are good enough for more. It's too scary to believe for more, after all "you might look stupid if you're wrong." They don’t believe in themselves. And why? Lack of resources? Lack of influence? Lack of confidence?

You see, I am at the point in my business journey where I can continue on my current trajectory and just be a wealthy guy and never have much of a financial care in the world. I’ll have the nice homes, a healthy bank account, fun trips, money to donate to causes I support. Life will only get more lucrative. I have made good decisions and I am on solid footing.

So “the next deal” really doesn’t excite me like it used to. Today, I’m looking to move mountains. I want to participate in Elon Musk level stuff. I've been on the lookout for something that deserves the Goggins level work. Something that is worthy to be called my "life's work." So, I have been considering something huge for a few months now.

The radio show already has some of that sentimental "life's work," and "change the world" aspect to it. It will lead a lot of people to things they might not have otherwise pursued. Likewise, I desire a business that might change an entire industry, forever. Something I can similarly hang the hat on.

I was chatting with another forum member behind the scenes here and mentioning that business idea that I have been considering, without fully unpacking it.

It’s a company so over the top, even for me, that yes, it scares me. Which is why I know it’s good. I can prove to myself that I can make billions happen, or maybe I can't. I'd rather know than not know.

He, in his excitement for me, said he has all kinds of huge ideas too, but hasn’t done anything to pursue them and that I can have them if I want. My question to him was: why are big businesses somehow acceptable for me to take on, but not you? This guy is massively capable, intelligent, and can absolutely roll a big business forward, one day at a time, but he seemed to give up before he began.

Why? I'm going to blame the acceptance, by the majority, of excuses. The type you see in response to my Goggins video, the kind you see in response to @Antifragile post... One post pushes people out of their comfort zone, a bigger pill to swallow, the fear shows up, and the next post flies in and provides comfort for their temporarily shaken worldview. "It's ok, you don't really want more." The likes for those comments follow as well, as a beacon of democratized support for excuses. "What a relief @Kak is crazy. All these people can't be wrong." Except they are.

For my idea, I have zero engineering ability to even think beyond the surface level that it can work. I have nowhere near the finances to swing this on my own without significantly risking my lifestyle. I have zero experience in this industry. Yet, it feels right.

He believes in me, but not himself. We'd have pretty much the same headwinds. We are both nothing compared to such a venture. Why me and not him?

It's crap. People around here need to start believing in themselves again. This is the millionaire fastlane , not the thousandaire fastlane.

It may be cliche, but if you tell yourself you don't want it, you will die having not done it. You better make very sure you're at peace with a decision to be less than you're capable of. That's a massive thing to throw away in an triggered rebuttal to me that this post will likely produce.

Sucking is not ok with me and never will be, don't try to drag me to that headspace because I'm not going there with you. This post pushes you. This post makes you better. Excuse posts make you worse. Liking them makes you worse. Believe in better or keep building the walls. Your choice. Let the berating commence.
 
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MTF

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I can speak for myself personally, when I say that I'm not concerned with "lifestyle" any more. But trying to increase my net worth by 2x, 3x or 10x requires alot of hard work and doesn't change my life at all. So I don't know what the point is. If I wanted to provide massive value without massive headaches, I'd just start a non-profit foundation.

Exactly my point. Some people will tell you that you should do it for the challenge or that you should do it or otherwise you're selfish (LOL Cardone is nuts). But there really IS a point where people just don't want to do something and others should respect it.

For example, a guy who runs an excellent local surf school may simply not be interested in launching a global franchise of surf schools. Could he do it? Possibly. Should he? It's his decision only and it has nothing to do with whether a "real" entrepreneur should do it or not. It's the same kind of a question as whether a family with two kids should have more kids. After all, if you can have ten kids, why not reach your full potential? If you only have two, you're a selfish prick!

Also, that surf school owner guy may actually have a much, much bigger impact with a small local school (transforming the lives of local kids) than if he had a franchise of schools and focused on numbers and scaling only instead of the magnitude of his work.

I have been struggling with this lately. I keep asking myself, What's the point? It's kind of a weird question right? Because this whole forum is kind of based upon making money and achieving freedom. So what is the point on making more and more if you've achieved your freedom.

I appreciate this a lot as I think this question is rarely addressed here and it requires a lot of courage to admit it. Some may accuse you of being weak, lazy, or otherwise "bad" just because you question the sense of accumulating more wealth when it has no impact whatsoever on your life.

People often fall into the trap of "I've been obsessed with growth for my entire life and I don't know what else I can do." I don't think that the solution is to just keep doing it, without any self-reflection. As much as it sucks (and I can attest to it as I've been dealing with this for quite a long time), sometimes it's important to stop and think why you're doing (or not doing) certain things.

Yes, it's the current goal. But then I step back and ask why? My answer is that I'm literally making up new goals just to have goals.

I've noticed that this truth often escapes "hustle gurus." Their solution to everything is more work, more struggle, more work ethic, etc. What for? Well, doesn't matter, set a new goal and all of your problems will be solved. In a way, through hard work they're escaping even harder work of self-reflection.

Few people in the Western world ever question the "constantly set new goals" platitude because it's written into the cultural code to never be satisfied with what you have. But if you travel a bit more to places where people are less achievement-oriented, you'll realize that there are other values that may give more fulfillment and are in no way "wrong." I myself am still struggling with it and would definitely like to learn how to live a happier life without blindly setting new goals just to keep myself occupied.

Maybe I need to find another goal then. But what is out of reach currently, if it doesn't have to do with money?

Recently I've been focusing more on learning new stuff. For example, I'm learning how to freedive. Going anywhere deeper than a few meters is currently out of reach for me due to equalization problems.

In general I'm working on improving my water skills so recently I also learned how to snorkel and have been working on my finning technique. For freediving and in general as a life skill, I'm also working on my breath holds and breathwork to relax my body on demand.

As I work on these things, I face fear, obstacles, and low self-confidence. So I'm still growing as a person and hitting my limits, just in a different way than through accumulating more wealth.

Other than that, I think that athletic/adventure goals may be interesting to consider. These are often much more focused on internal growth and the process rather than simply wanting more.
 

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