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HOT TOPIC The Undercover Billionaire: Building a $1m business in 90 days

SteveO

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Small nitpick. I never went through any engineering program. Sounds like a great way to accumulate debt.
Based on your total story, you should be one of the disadvantaged. But you are doing well. If you can accomplish from where you started, why cant everyone else?
 

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ChrisV

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Folks, we have taken the bait.
I actually think he has hope, which is why I put in an effort explaining. He seems like a smart kid who's been pushed through the wringer of liberal academic indoctrination. I've seen it many times. He'll be fine if he sticks around here.

People usually don't like to change their stance in front of everybody. They prefer to do it in private.
 

Primeperiwinkle

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Folks, we have taken the bait.
THATS what has me curious. You and Kak and Biophase are engaging in the convo with him. He doesn’t know he’s in the ring with the greats but we do. Watching him try to make his points is interesting, he might be a contender... or he might be going down... or he might recognize the training ground. Oh the the tension, the drama of online debate! Lol

#happyintrovert #passthepopcorn #thisbeatsthepuathread #kindahopingforhulkkak
 

Get Right

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I'm just here to say, if he can turn $100 to $1 million in 90 days, then why am I still hesitating to start when I have more!
That my friend is the whole point. Do it.
 

vulcansx

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I believe the show is good if you watch it JUST for the principles and the way this guy thinks but don't expect to take an ounce of truth out of the story.

I flipped cars for a year to initially fund my Amazon business 6 years ago which I eventually scaled to 7 figures so I know what good work ethic is and car deals like that just don't happen. A 2005 Honda for 700$ sells it 1 day later for 3900$ with a wash/vacuum happens maybe once per year from a private or door knocking deal.

Don't get me started on finding valuable tires laying around in a low income area, calls a random guy and meets on private property to sell stolen tires.

Drives a truck that gets 13 mpg and pays 8$ the whole time?

Episode 1 was more believable, will continue to watch Episode 3 tomorrow for the principles alone and hope they make it at least half realistic so it's bearable.
 
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Kak

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Tonight is the night!

No sarcasm intended. I am actually really looking forward to seeing what's next.
 

ChrisV

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ChrisV

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MILIANARD134

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Tried with binocular from local airport noway. Liar it wont work for me


Thanks for the insight @ChrisV, but since my post i found a way to watch the two episode of the season, will Check leonflix weird name aha!
 
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Kak

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So after watching episode 3... One of the things that impressed me is that he makes friends so easily.

The first thing he did was assemble a team.

He is building through leadership with nearly no credibility other than inspiring others and being competent... People recognize him as someone to be involved with.
 

maverick

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So after watching episode 3... One of the things that impressed me is that he makes friends so easily.

The first thing he did was assemble a team.

He is building through leadership with nearly no credibility other than inspiring others and being competent... People recognize him as someone to be involved with.
He inspires one of the team members to join because he's 55 and still has the mental fortitude to start a new business. Basically flipping a perceived disadvantage (ie. being old) into an advantage.
 

MILIANARD134

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ok, great episode. One thing i really like about glenn is this a real leader and a real seller. He build self esteem in others and make them believe in his vision. Love this guy.
I will be like him one day
 
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Kak

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Question. Do you need a team to scale? Can a solopreneur still make it?
The solopreneur will always be limited more than a scalable team.

It depends on the definition of make it.

There are millionaire consultants and job holders. But how many people with $20m+ net worth did it without a team? Probably very few.

It is possible, I can think of some examples... But why limit yourself? Teams lower your workload and greatly increase your chance of success.

You are a natural leader anyway. You have no trouble inspiring people to greatness.
 
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Boyd

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"It's too late to think anymore. It's action time."

A powerful line that was probably overlooked due to the subtle way he presented it to RJ, but it slapped me across the face when I heard it.

I have to say that I'm loving this show so far.
 

Rawseed

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Question. Do you need a team to scale? Can a solopreneur still make it?
I think it depends on the business.

Like Naval Ravikant says, you can leverage:
  • Labor,
  • Capital,
  • Code,
  • Media,
  • Networks, or
  • Combinations of the above
To start a BBQ and Beer company, you definitely need a team to scale.

Media and/or digital product businesses are some of the businesses that can be scaled solo.
 

Scocar

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Maybe he got a phone for his 15th birthday though?

The guy is already a self-made billionaire. I doubt he started with a truck and a TV crew back then.

When you read up on his back story it wasn't easy and he had every reason to quit. Now he is on TV showing you how to do it. For free.

That people can knock this guy is unreal.
Just started following this post and the show. Watched my first episode last night. I think they key is to pay attention to his methods and his communication taticts to the rest of the team.
 

Rawseed

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Really enjoyed the episode. Lots of takeaways.

For business:
  • There are always going to be obstacles to overcome.
  • Not every deal will go the way you expect it to.
  • Get creative.
  • Keep getting up.
  • Figure it out.
  • Be ready to pivot.
  • If there's an obstacle in your path, bypass the obstacle and find an even better path.
  • Spend more time on action.
  • Spend less time thinking.
  • Own your mistakes.
  • Never let them see you sweat.
  • If you can control yourself, you can control the negotiation.
  • Don't celebrate the highs too long.
  • Don't sweat the lows too long.
  • You're never too old to start a business.
  • Know your time schedule.
  • Know your start-up costs.
  • Keep your focus on the next step.
  • Do your due diligence before starting your business.
  • Validate your business idea before starting your business.
  • Just because you have a great idea doesn't mean it's great for the market.
  • Plan to create and cultivate a brand.
  • Understand your market.
  • Ask the market what it needs.
  • Fill a need or a gap.
  • Don't create a me-too product or service.
  • Plan and structure your business for scale from day one.
For leadership
  • Surround yourself with experts.
  • Look for team members that can help you with multiple things.
  • Look for people with networks, valuable skills, and/or growth mindsets.
  • Share your story with your team.
  • Share your dream, vision, and plan with your team.
  • Sell a big vision and big dream.
  • Look for intelligent, high energy, optimistic, hardworking team members.
  • Ask your team members for their opinion.
  • Look for ways to get team buy-in.
  • Be honest with your team.
  • Show appreciation to your team.
  • Get your team focused on action.
  • Let your team know and understand your timeframe.
  • Motivating is one of the biggest hurdles in business.
  • Push them to be better without knocking them down.
  • Motivate by showing them instead of telling them.
  • Apply peer pressure by applauding the work of team members doing the right thing.
  • Be a servant leader.
  • Let your employees feel like you work for them.
  • Empower your team members.
  • Give your team members deadlines.
  • Give your team members important work to do.
  • Show your team members that you believe in them.
 

Vigilante

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The solopreneur will always be limited more than a scalable team.

It depends on the definition of make it.

There are millionaire consultants and job holders. But how many people with $20m+ net worth did it without a team? Probably very few.

It is possible, I can think of some examples... But why limit yourself? Teams lower your workload and greatly increase your chance of success.

You are a natural leader anyway. You have no trouble inspiring people to greatness.
I hate people. :)

Not really, but I do hate employees in the general sense. I've had dozens, and always pay them first. I prefer paying me first.

Anyway... not to derail this thread. I do think though it is interesting that his first objective was to get people involved.

People enable scale.
 

Process

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I hate people. :)

Not really, but I do hate employees in the general sense. I've had dozens, and always pay them first. I prefer paying me first.

Anyway... not to derail this thread. I do think though it is interesting that his first objective was to get people involved.

People enable scale.
Especially since he is a billionaire. To get that scale requires dozens of people at least.

He didn’t just shoot to quit the rat race, he shot to own the racetrack.

For someone looking to make $1-10 million, fewer employees are needed to scale.
 
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Kak

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I hate people. :)
If there is ONE SINGLE thing I have noticed about you privately it is that you don't hate people. You love people. You literally add value to people's lives in everything you do. It is your default condition. When you enter a room, you give. I have never seen you take.

You go out of your way to meet with and get to know the cigar manufacturers in the area. You help people, including myself, start Amazon businesses. You are probably indirectly responsible for over 10m worth of income of forum members.

The funny thing is that you do have a team... Jorge, Nancy, Paul, me when you need me... Just for the business I know about. They don't have to be W2 employees to be part of the story, part of the team. By agency, you have leveraged the time and efforts of people beneath them that you have never even met. You have a team. And a damn good one at that.

Ladies and Gentlemen... I used to be a proud people hater. I have learned recently that it is a limiting belief. We should all strive to love people the way @Vigilante does. Because it is the very mark of a good leader.
 
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