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What are you afraid of?

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I'm scared that I'll fail at the goal.

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Then you can judge how successful you were

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by how much you adhered to the actions that you committed to.

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The wealthiest people in the world see business as a game.

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This podcast, the game, is my attempt at documenting the lessons I've learned on my way to

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building acquisition.com into a billion dollar portfolio.

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My hope is that you use the lessons to bring your business and maybe someday soon partner

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with us to get to a hundred million dollars and beyond. I hope you share and enjoy.

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So I run a writing company. I write for celebrities and CEOs because I took your advice and

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I started writing for people that have more money. And, yeah, gosh.

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Software's people problems. They pay better.

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Yes. But I also publish my own books. And I've traditionally published with publishers.

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And I've done it really well. But in the future, going forward, I want to publish my own books,

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self-publish my own books. But I have analysis paralysis because there's so

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many options to execute a strategy. Sometimes I don't know which option to pick to just

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execute the strategy for my next book. And my first goal is just to sell a thousand ebook copies.

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Nothing is even grand. Then when I settle on a strategy, I get scared because I don't know if

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it's going to work. So two questions real quick. So when you say you have so many different

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strategy to pick from, we're talking about different topics for the book. Is that what you're saying?

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I know the book topic, but different options to execute a plan. So I could use quick

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quick funnels to execute a plan to sell a thousand copies. Yeah, just selling it. Yeah,

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just selling the thousand copies. That's my goal. I want to be able to sell a thousand copies

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for my next self-publish book. Have you read the book yet? Have you read in the book yet?

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No, but the book will be here. That's an easy part. I'm the writer. So that's an easy part.

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Okay. Okay. Okay. Yeah. You're asking the universe for a G&amp;T that it will never give you.

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And you're waiting for a response in order to move forward from a universe that stays silent.

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And so you're just talking to dead people and waiting for a response.

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The thing is the person you should be talking to is the marketplace because they will always

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respond. When you knock, they will open the door and they will tell you if fuck off or they open

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the door and they'll tell you they'll let you in, but either way, they'll open the door. Let's

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play this out the other way. What are you afraid of? Because you seem very upbeat and obviously

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you've written this, you've written stuff before. And so like, I'm not worried about your writing

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still given what you've said so far. So like, what are you afraid of? Okay. So let's play it out.

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So let's say you have your book and you pick path one. It doesn't matter what it is.

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Pick path one. Okay. So what, so what happens? So you put on an Amazon. You're like, I'm just

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going to put on Amazon and see what happens. All right. That's the easy path. Okay. Then one.

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Yeah. I'm scared that I won't reach my number. I'm scared that I'll fail at the goal.

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And then, then what happens? But then I still won't know how to do it.

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Like, and I'm also scared because I have self published a couple books in the past that didn't

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reach my goal. Okay. And I know that feels like I don't want to feel like that again.

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Yeah. So let me, so let me do this then. Let's reframe this because I have a lot of experience

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with setting goals. All right. So I feel pretty confident to talk about the topic.

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Make the big goals that you set, things that you can absolutely control.

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Like, you cannot control how many people are your book, but you can control the amount of

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actions that you're willing to take that make it unreasonable that you don't sell a thousand copies.

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And so then you can judge how successful you were by how much you adhered to the actions

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that you committed to. And so if I were to say, you have to sell 10,000 books, not a thousand books,

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10,000 books. You have to or you lose your life in 12 months. You just die. That's it. You die.

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What would you do? You have the leads book, right? There's eight different ways to advertise,

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right? And so you know that the more people find out about your stuff, the more people buy it.

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And you know that there's only four things you can do, right? You can talk to people in one,

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you can make content, you can run ads, right? Or you can get other affiliates, you can get referrals,

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once they read your book, or you can get agencies, or you can get employees to help you out.

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So what you got? Yeah. Okay. And so if you know that you have to take those actions,

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then wouldn't success be, so let's play this out of here. Let's say that you did absolutely

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everything on the plan, like your plan of advertising, of letting people know about it for a year,

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and you did everything, and you sold 999 books. Would you consider it a failure?

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No, that would be a win. Okay. Now if you sold 90 books, I just want to reframe this because

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that honestly, the thing that you're talking about is something that so many people deal with,

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and it's because you want to control things. You want to control the outcome. And you're saying,

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I'm only willing to pay this price if there's this outcome, but you're seeing the outcome as

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the outcome rather than the skills that you develop along the way as the outcome, because I can

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promise you this, this will not be the last book you write. Right. And so if you get to 100

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sales instead of a thousand, then what's going to happen realistically is that you will figure out

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the one thing or two things that actually work to sell books, and then I'll say, do 100 times more

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of that. And you can either choose to do that on this book, or you can choose to do it on the

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next book. But the idea of like, I'm setting this thousand, because you could have set a million

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books. It doesn't really matter. You're just setting it. You're making up a number and saying,

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this I feel is reasonable for me. But instead of making the number reasonable, make the actions

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that would lead to that, the reasonable thing, like, what can you commit to four hours a day

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of promotion? Yeah. Okay. Then make that the commitment. And I will promise you that if you do

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that every day, one at the end of the year, you will feel accomplished because you actually did

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what you said you were going to do. And I will tell you that the marketplace will also always

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recognize someone who puts four hours of work every single day into one thing. Just what I need it.

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Thank you. Just promise me that you'll actually just commit to doing the work. If you do that,

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you do like, I have to get sell 10,000 books. What would I actually do to do that?

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Yeah. Find somebody who has an audience that is relative to the topics that you're talking about.

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And reach out to that. Now it's okay. If I got one person, they sold 20 books. Okay. How do I

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reach out to a thousand people? You all have my audience. If you do that, you'll probably sell more

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than a thousand books. But you just got to do four hours every day. Thank you. Thank you. Good luck

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with the book. I know how much work goes into that. So I have two topics that I kind of want to

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you know, trade with you. And you know, you titled this advice for hard days. And it's been,

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it's been tough lately about three months ago. My grandmother was diagnosed with concert two months

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ago. My girlfriend, the girl that I thought was going to marry kind of left. And then

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two weeks ago, I traveled to London to speak at Europe's biggest business event. And on the first

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day of my arrival, my granddad passed away. And so I had to basically speak in front of thousands

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of people and keep my smile and then travel back and bury him. And so yesterday I did. I did. I did.

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I did all of it. And so the question is, well, you know, yesterday, everything just kind of hit

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me because now I'm back in the office and I'm making the calls and I'm trying to deal with everything.

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But the question is, how do I maintain my composure and kind of stay strong, right? It's a tough

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period. Well, first off, I'm sorry that you're going through that. That being said, honestly,

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you've got a lot of good stuff going for you. So this is, I feel like almost a relatively easier

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one for me to take, given what you just said. Like you just asked a question, how do I do something

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I've already done before, which is you got in front of thousands of people and gave a presentation

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and had a smile and you crushed it despite the fact that you had other circumstances, right?

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And so you asked the question, how do I do something that I already've done? You've already done

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it. Like what you're saying is, how do I, how do I keep living? And you keep living by keeping living?

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It's the same thing with breakups, right? It's like, I've heard this quote and I heard it from Laila,

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I think the first time. Like the amount of time it takes you to get over someone. Do you know how long

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it is? There's a math equation for it. There's a great math equation for it. You'll love it.

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It's exactly as long as you decide it takes. And what I'm going to say is going to sound really

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dark right now. So I want you to take this the right way. Take it the way I mean it.

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All right, which is that you just had, you had three deaths, right? You had death of a life that

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you thought you were going to have with a girlfriend. And then you had the death of two different

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grandparents, right? You're three deaths. But on the positive side, my grandmother is still

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about to liquidate. Oh, okay, she's still about, wait, wait, we're plus one. All right, so

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no only two deaths now. But sure, we can even play it out. All right, on a long enough time,

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Ryzen, she will eventually pass away, right? It's going to happen. Yeah. And the thing is,

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is that you are already standing it. Like you're asking, how do I stand it? But you are standing

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here already. Like you are evidence to the fat, you are, you, you talking to me today is evidence

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of the success that you're asking for. You're already one, dude, you're showing up in your work

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and every day. You come in here to ask questions to actually still try and grow yourself.

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Like the, the stuff that you go through become the stories that you will someday tell. And no one

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likes epic heroes without epic monsters. And so you have to go through the rocky cutscene. You have

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to have those periods of time where you doubt yourself, what everyone else doubts yourself,

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where the walls are crumbling around you. Because if you ever read shoe dog,

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fill my story about Nike, even if you haven't, the entire story is just him getting kicked

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in the nuts for 30 years. That's the whole story. And then he's like, oh, yeah. And then I built

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Nike, right? And now if he had just said, yeah, I started this company and everyone loved it.

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And all my suppliers were on time. And I just scaled straight. And as the money came in, I just bought

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more inventory. And then we just went public. No one would care because it's not relatable.

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And the thing is, is that when you die, the only thing that will remain is the story that people

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will tell of you. And so wouldn't you want that to be an epic story? Yeah. And so the things that

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you're going through are required for the person you want to be and for the goals that you have.

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And how you are acting in the present already proves the thing that you're claiming that you want.

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Tomorrow you're going to wake up and you go to work. And the next day you're going to wake up and

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go to work. And then you're going to text and it's going to say that your grandmother's cancer is

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getting worse. And what are you going to do? You're going to get back to work. You're just going to

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keep doing the stuff. Like there's no there's no magic bullet. You just keep going because either

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you keep going or you die. And if you don't die, you succeed it. I would just say stop. Just don't

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judge yourself on how you feel. Judge yourself by what you do despite how you feel. So you can feel

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shitty. You can wake up and have a terrible day and still show up with a smile in front of the

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thousand people. And so if you can do it, the thousand people you can do with one. And that

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first one is the person that looks at you in the mirror in the morning. And now when it comes to

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business, I just have a real quick question. So I built an Instagram audience over a hundred

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thousand. I speak about sales and marketing. I've been doing it for the past two years. I've been

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posting kind of like every day. I know the content game, but the one thing that I'm struggling to

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balances, you know, how you say give, give, give until they ask. And you know, I love it. But

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sometimes it takes a while until they ask, right? And cash flow still needs to come in. And I run

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a service based business. And so how do I balance it out without tiring my audience? Because I also

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my community is known for, you know, really being in the comments chatting with me and being

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there for me. So how do I do it? So if you want to have a one step away from like just giving

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forever, right? Is that you, you give in public selling private, which is when people respond to

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your stories, right? When people DM you, like those are conversations that they're usually asking

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or they're like, they're basically asked, when people ask questions, they're, you can still define

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a scope and say, Hey, like at a certain point, I have, like I've given you all this value and

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use all the free stuff. If you want more than that, I'd be happy to hop on a call and see if I can

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help you more, right? So it's not, it's not like everyone buy this thing right now, right? You're

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not like getting super aggressive about it. You still publicly just keep pumping all the good will

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on the value that you are. And that'll grow your audience and increase goodwill on all those

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things. And that's what you want. You're going to keep doing that. It's just that you could still

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have a call to action that's just in the in the in the comment section or put a story up that says,

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Hey, by the way, if you need help with that thing, I'm happy to help. Like those are, those are

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very light touch things because I understand you got to pay bills. I understand that. And so

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you could put those things out without necessarily damaging the goodwill that I think you're,

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that you're, that you're obviously building to hang in there. You'll be fine. You'll get through

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it. And then it'll be a story that you'll somebody tell. Yeah. And thank you for everything that

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you do not just for me, but for everyone else, because I think you're marking a new path.

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And that's, that's kind of cool. I appreciate your help. Thank you.

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What's the one question that you wish you would have asked yourself earlier in your entrepreneurial

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career when faced with a little bit of uncertainty and direction? 90% of my business is in person.

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Online, that's the kind of the direction of whether or not I really want to go towards.

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More specifically, you know, creating almost like a modify version of kettlebells,

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just trying to figure out what the next step is going to be. So me asking myself a question is

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always going to be different than you asking something for you because we're different people,

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right? And we have different goals. And so everything usually ladders up to like, what's the goal?

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What's the why? And so like right now, do you have like a monetary goal? Do you have an impact

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goal? And believe me, I have no issues if you're like, I just want to make a certain amount of money.

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Like I get that because any of the businesses that you just mentioned, so whether it's the brick-and-mortar

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business or you want to start doing training for those people online or it's doing the

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modify version, which is basically no service and just providing workouts and whatnot. All of those

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are our potential businesses, but pursuing all of them at the same time will virtually guarantee

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that you don't succeed at any of them. And so the biggest issue when you're starting out is just

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picking the path and being willing to commit to it with the uncertainty that comes with it.

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Because like every entrepreneurial path has uncertainty. Like and that's what makes entrepreneurship

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hard. It's literally the not knowing and the pain of suffering consequences for ignorance.

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For things that you've learned now that you're like, if I had only known then what I know now,

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and that's every entrepreneur until the day they die. And it's just wishing that it were different

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that causes a lot of the struggle. So which of these things of the three that I just mentioned?

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Like which of those is the one that like lights you up the most?

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I mean in-person training obviously like we live in a small beach town community where everybody

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knows everybody and it's fun. It's family, it's convenient. I will say there's that comfort factor

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that it almost in one scope is very beneficial because it is so comfortable but in reality

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you like comfort is the enemy of achievement and growth. So it's like I know like the comfortable

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side is the in-person and it's the community and it's fun. It's family friends. Whereas the

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uncomfortable more challenging but also very big picture wise would be the online

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going full tilt that side. Now I've I've briefed into the gap of like three day launches,

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four day launches of small ticket, low ticket offers but in terms of you know trying to scale and

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make an impact on the world. The world's really big. That's so that's always really hard because I

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remember I had a we had an event with your motor since somebody stood up I said what's your mission?

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They're like I want to impact one million lives. I was like did you have a brick and mortar location

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that has like 200 members? Like let's like if you really want to do that then you would actually just

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you would you would approach it very differently or you'd have a time rise and that's the rest of your

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life right? It's like one of the other if you're like I want to do that in three years you wouldn't

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start with a brick and mortar location. And so the thing is is that what you said earlier is like you

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you feel comfortable and it sounds like you want to grow. I just want to make sure that's correct

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before I like you going. Okay so there there was like an underlying assumption at least that was unspoken

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and I just want to draw attention to it which was you're like the brick and mortar thing is comfortable

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it's family it's friendly it's fun I'm assuming it's profitable I'm assuming you're making

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somebody doing that. The thing is is like you could like just doing more of what you're currently

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doing and saying like how do I open a second location or how do I you know like how do I open

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like five locations over the next five years or whatever it is that would produce probably just

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as much of a challenge as going on linewood except you already have two years of learnings on how

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to run that business where you have none in the online space you always just want to stack knowledge

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within a specific vertical so that you just go deeper and deeper on it because that's where the

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compounding returns happen like the richest people that I know have been in the same space for 40 years

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they just know everything there is to know about the space and like that's how they've made their

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money you can either open a location that's not necessarily that you beach down and test your metal

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and see how good you are it actually scaling a team you know hiring somebody else seeing if somebody

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if you can actually incentivize people build a culture so that people want to work for you that you

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can recreate the success and that'll show you whether the success that you had was because of you

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or because of your ability as a as a business man right because like you can be a charismatic

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razzle dazzle dancing bear in any brick and mortar business and it will work

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it'll work surface of the smile always works right and it's just hard to scale because most people

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don't care as much as owners do but if you can create the model that has the incentives and the

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training in place and the in the procedures that can consistently create that five out of five

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experience that allow a second location to have the same amount of successes your first location

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then you have something that absolutely can scale and create lots of enterprise value over time so

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I would say either scale that or basically dial down your in-person to as little as

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seemingly possible of your time and then go on the online thing but trying to do both will be very

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hard because what will happen is you'll start to do some online stuff you'll start to see this

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traction your gym will start going down but that's your main source of income then you'll hop

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back to the gym the online will dip and you'll go back and forth and so that's why I'm so big

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I'm just committing to whatever thing is because any of them would work but you'd have to be all in

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the one pillar that I guess I failed to mention was the freedom and flexibility as being a seasonal

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town where I'm at it's like being able to essentially create a life where it allows me to

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own and be at the brick and mortar for say four months out of a year and then from there being

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able to live elsewhere and then from there because at the end of the day I don't have much

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responsibility here aside from the just just the gym I don't have anything else really that's

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time me to home but that's where I guess my my north star has been for a long period of time

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let me just give you step one here I own a ton of brick and mortar locations as is like right now

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I've got 70 stores that I own between different companies that are brick and mortar locations I'm

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not in any of them and so like the idea that you need to go online in order to not be in person

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is a fallacy that's not true like you can own your gym because like if you were to open a second

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location you would be there either right and so the easiest way to test this 1.0 test is like if you

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can step out and just not go to the gym for a year then maybe you can do the other thing and if

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you haven't gone to the gym for a year then maybe you'll do the you'll do a second gym and so I

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think no matter what path you do this is probably a perfect end for this which is you either are going

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to do the online thing after you figure out how to outsource the gym or delegate it and hire people

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who are awesome or you decide you're going to do a second location either way you're going to have

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to start with outsourcing the first gym because love that you're listening to the podcast

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if you ever want to have the video version of this which usually has more effects more visuals

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more graphs you know drawn out stuff sometimes it can help hit the brain centers in different ways

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you can check my youtube channel it's absolutely free to check that out if that's what you are into

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and if not keep enjoying the show let's say I I want to start a business I can have a very

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grand vision of the business so like Apple or Microsoft they they had this vision of like changing

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the whole world how do we keep working on this business for years when we're worried that it might

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get outdated because of a new AI or a technology or in other words what do we do when we think our

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project might not be useful in the long run I mean what you're talking about a strategy like these

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are strategic decisions that we have to make like you make a big bet on where you think the

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market is going to be not where it is today if you're going to go after something that's that big

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but do you do you have investors right now I'm I'm a one-trupper nor if you say that if you

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look at the companies that you just referenced right like you look at basis with Amazon you look at

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you know Zuckerberg you look at Microsoft every one of those guys started well off and well

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capitalized okay so basis was an investment banker from Wall Street Bill Gates parents were

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really well off and he was well off and what not Zuckerberg went to Harvard same deal you if you

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want to really go after that you would have to try and recreate the conditions and I think that

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right now the likelihood that that happens giving your current situation is low and I'm not saying

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that to dissuade you I'm saying because I want to be realistic with you which is that you need to

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get your own head above water because like right now if you're if you don't have the ability to make

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money on your own right from a watch burner perspective like you need to get your head above water

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because the only way that you can stick with something for the required amount of time in order

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for it to become world changing like we're not talking even a decade I mean those companies they're

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you know 20 Facebook's 20 something years old right just like context and so the only way to get

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there is be able to breathe while you're going and so I think that from a 101 perspective starting

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starting a simple business that you can generate income on that you know you can you can learn

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the basics of business before trying to take on the biggest competitors in the most well capitalized

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arena absolutely on your own I see not to say that that's impossible it's just incredibly improbable

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given the circumstances that you just laid out right it would be really romantic for me to be like

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dude go chase your dreams go to that but like I also would rather have you in a year making money

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on your own so that you can breathe because you might find out that if you actually start making

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money on your own you might just like that because right now it's just the idea of the status of

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the dream of that like it's in a morphous idea the amount of pain and suffering that you have to

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be able to put up with and not make money for that whole period of time really tough wouldn't that

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the cause another issue where because you you decide to choose a pro choose to solve a problem that

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is small like smaller than the grand vision then you won't be able to scale much that's not necessarily

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true and also every one of those companies start small like Facebook wasn't like we want to be

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the social media platform for the whole world he wanted to map colleges saw they start with a niche

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and then they expand outwards and so you would want to much more narrowly define your problem before

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you go attack it because what you're going to try and do is build something that's going to be

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everything for everyone it's going to be nothing for nobody strategy is prioritization it's allocating

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limited resources against unlimited options and so you have unlimited options but you have very

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limited resources and so in order to be successful you have to narrow the problem that you're trying

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to solve so you can allocate the small amount of resources you have to adequately solve that problem

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completely and then from adequately solving that problem completely like Amazon started with books

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and Facebook started with colleges right you've solved and then you can go adjacent right so right

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now it just sounds exciting to say this but like it's not reality you have to pick one problem

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that you're going to get really good at solving and that's it and then you can have an idea

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that in the future but real real so many things are going to change between now and then and there's

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so much luck that that that has to concur because if you think about this zooming all the way out

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the biggest companies the world have super well capitalized people who are the best in the world

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made a good call and had luck because if you're number one you have all the things plus luck like if

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you're number one it up like in the whole world it's all of it plus luck the market moves in a

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direction that that you never know right and so I would rather you just stick to a problem that you

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know you can absolutely solve given the resources you have learn the skills make income and then

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from there you can go solve an adjacent problem or you might decide you know what I like this and I'm

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going to keep going with it. Thank you very much that's that was really awesome. Yeah very good luck

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all right so my question is basically I've been an online finished coach for last like three years

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now and like you've forgotten from like the first time you came up with three years ago and like

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25 came up a couple months ago I kind of felt like I got a little near the more successful

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gods even though I do have pretty big audience now like maybe you went through something like that

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or maybe you have it in that sense I was just wondering like maybe how you got over that self-loving

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ability because I feel like that's kind of holding me back. I want to make sure that I want to

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clearly understand your question so you're saying that being lonely is the thing that is holding you

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back most of my life so I'll change this I'll obviously hear your release from one of the way

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the conversation is a lot different than once but just like especially if I'm going in person

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being a full-time in first training and going online top of that just a lot more lonely kind

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of the long different aspects of losing that touch did you just have to join a community man

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like just straight up like you just need to you just need to get around people who are doing

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the same things you and so that might mean physically moving to a different area because right now

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I'm assuming online page like pager bills correct yeah right so if online pager bills that you can

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literally be anywhere in the world and so if you where are you live right now I'm Evan Sonoma

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and I'm flying to Kolodat smart like in his town in Canada like two more in style I would do that

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and I would also join a bunch of online communities of people who are like trying to make money in

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the fitness space because you'll find a ton of other people who are doing the same thing as you

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that are on the path that are ahead of you that are the same as you that are behind you and you

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you can get a little bit of some some fulfillment from helping out some of the people behind you but

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you can also get help from the people ahead of you um who are you know because you show that you'll

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you'll execute and you'll do what they say um and you'll and you'll grow but this is the nice

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news is that this problem is super solved like you just got to get around people and you got to be

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willing to be rejected I mean it's just like fitness sales it's just like friend sales that's the

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same thing just go out you go you go you go on a bunch of dates they're just friend dates you know

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go hang out go get it lift in I mean it's fitness so like just go ask a bunch of people to get a

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lift in and you'll see who's cool and you'll see who isn't worst case scenario you're gonna work up

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yeah have you ever experienced that I had to kind of leveled up and leveled up I know you are

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as long as you keep growing this is not gonna stop you're gonna find new friends and if you keep

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growing you'll pass them and then you'll find new friends that are above them and you'll pass them

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and you'll just keep going um and so it just depends on how like what you see the role of friends as

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in your life and so you know for me I just want my requirement for friend isn't necessarily that they

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make the same or more money than me at all is do they make me better do they make me better

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do they have my best intentions in art just already too incredibly difficult things to pass

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but if someone passes both those things then they are a friend and so I would just use that

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as a limit test like is this person making me better and do they have my best you know incentive

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at heart yeah and the house making friends I guess now because obviously you're a higher level

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and things are different with the social status and all that I mean first four is probably different

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so do you kind of the same status now kind what is what is the kind dude is harder for me than it is for

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you no for real it is but the thing is is that most of the my closest friends don't live here like

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don't live in the same physical area that I do most of the closest friends that I have live all over

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and so I see most of my friends once or twice a year and that's it and I work in the meantime the

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thing is is that like the higher up you go here like and I'll just tell you something like from

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my level whatever you want to call that all the friends I have everyone complete like there is

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zero social obligations for anything like none and if I don't respond to a text for three days there

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is zero drama and it's not even acknowledged it's just we know that busy people understand that

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busy people are doing shit and so if everyone you have everyone who's who's in your world understands

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that you're trying to take this hill then if they're truly your friend then they want you to take

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the hill more than they want you to respond to their text or come out with them for the weekend

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like I just got invited to a seven day thing that with a with a a couple of friends that

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layman I both really really adore but we'll probably not be able to do it because we have so much

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stuff that we were that we're doing at that same time and I really want to go but I also really

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want to do this other stuff and I know that I will feel worse about myself if I don't have this

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other stuff done and so we're going to say that I can't go and that's going to be it and they're

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not going to hold it against me and so until you find friends you are a hundred percent aligned with

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you achieving your goals we're making you better and want you to hit your goals then you just keep

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looking but the thing is like everybody goes through the period that you're at like I think I think

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I did made a road a tweet about this but like there is this lonely period that always happens

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when you start growing because it happens is that you're too big for the old friend group but you're

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not quite big enough for the group that you want to get into right so you kind of have this path

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in the middle where you just kind of like keep trudging along but like every single person who's

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accomplished anything material has been in your exact same shoes and you just keep going and you

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keep going you keep networking you enter you go into the communities you see the people who are

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adding value to those communities and you message them you find the givers because givers

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recognize givers almost immediately you can see the people who are always giving more above and

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beyond and you can understand they get the game and so like in that first meeting if they're like

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like let me see if I can do this for you let me like take care of this for you let me help you in

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this way rather than like hey could you help me with this like wrong person but if you just start

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by giving to a whole bunch of people who are where you want to be you'll get more back even if nine

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out of 10 don't give you anything back provide show loads of value people will message you and

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then be like hey let's hop on a zoom let's grab a zoom lunch whatever and so like you can have

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a ton of friend dates or whatever that you meet people and see if they have game and if they

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have game then you keep in touch because you're making them better too I appreciate everything

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you better build a content game just after doing full-time entrepreneurship for three years

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right wow and you know raising a family I got four four small children all under the age of five

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I found myself in a very hard position where I had to go back to a nine to five I would say

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entrepreneurship is like like you said it's hard and and I know what hard feels like but after

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discussing it with my wife like I felt like this was like the right decision after getting

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myself into business debt and other things like that and I never have a paycheck to live on you know

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so how do I know when it's like like how do I get back into entrepreneurship like now I'm just

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running my stuff on the side so for example right when I was laid off three years ago I was doing

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taxes and that just doing like bookkeeping then I worked my way up starting to offer accounting

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services and then I leveled up and I started look going after higher leverage like now I started

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00:30:32.240 --> 00:30:39.440
doing CFO services and I went through that value of despair thing and that's probably why I'm

383
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out where I'm at right now you know just being completely honest and I appreciate you being

384
00:30:45.920 --> 00:30:48.720
candid and upfront about it because otherwise this wouldn't be very valuable because you tell me

385
00:30:48.720 --> 00:30:52.080
a bunch of fake information I'll give you a response to fake information it wouldn't matter for

386
00:30:52.080 --> 00:30:56.960
either of us so thank you for being honest um that being said you're not honestly you're in a pretty

387
00:30:56.960 --> 00:31:02.880
good spot and I'll tell you why so you have a valuable skill set that will always be in demand

388
00:31:02.880 --> 00:31:06.320
because a lot of people don't want to do money stuff so people don't do budgets people don't

389
00:31:06.320 --> 00:31:10.240
be bookkeeping people don't do CFO work they want to do financials projections forecast no one

390
00:31:10.240 --> 00:31:15.040
wants to do any of that stuff and you do and you're good at it so presumably you're good at

391
00:31:15.040 --> 00:31:17.600
because you keep doing it right I'll just I'll leave it at that I'm going to assume that for

392
00:31:17.600 --> 00:31:23.760
for the sake of our call right so um one I think it was wise that you got a job because you have

393
00:31:23.760 --> 00:31:29.440
wife you have four kids I think that was a smart noggin move okay now that being said there is going

394
00:31:29.440 --> 00:31:34.080
to be a conversation that you probably have to have with your wife about what because your nights and

395
00:31:34.080 --> 00:31:39.680
weekends either are going to have to go to family or they're going to have to go to the new thing

396
00:31:39.680 --> 00:31:45.520
and so I think that you need to have a candid conversation with her and say listen my prime and

397
00:31:45.520 --> 00:31:49.680
I'm just I'm putting words in your mouth here so this is if I were in your shoes I would say

398
00:31:49.760 --> 00:31:56.320
as a man my primary drive is to provide and right now I feel like I'm failing you

399
00:31:57.520 --> 00:32:04.960
and I want to lead our children by example so that when they are 20 or 30 and they're thinking

400
00:32:04.960 --> 00:32:11.760
about making that jump I can speak to it because I wasn't afraid to take the risk again because

401
00:32:11.760 --> 00:32:15.840
in gymnastics as soon as you fall off the pummel horse even if you twist or break your ankle

402
00:32:15.840 --> 00:32:19.680
you know what they do they try and get you right back on the horse again and they do that because if

403
00:32:19.680 --> 00:32:23.280
you don't and you take enough time off you start developing these fears around getting back on you

404
00:32:23.280 --> 00:32:26.720
never get on again and so they want you to get back on the horse and right now I think you got

405
00:32:26.720 --> 00:32:31.840
bucked by the entrepreneurial horse and that's okay it happens it's part of the game right like

406
00:32:31.840 --> 00:32:36.560
it's the it's the the scene in rocky 17 or whatever fucking rocky it is where it's like it's not

407
00:32:36.560 --> 00:32:41.360
about how hard you can hit but it's about hard you can get hit and keep going forward right and so

408
00:32:41.360 --> 00:32:46.880
you got hit big you know big whoop everybody gets hit everyone fucking loses all the time

409
00:32:46.880 --> 00:32:51.840
I lost everything twice before this time right and so like you've lost everything once you still

410
00:32:51.840 --> 00:32:58.320
you still owe me one right you tell your wife I said that and so let's get into tactics all right so

411
00:32:58.320 --> 00:33:02.240
right now that in my opinion the issue that you missed is you didn't know how to advertise

412
00:33:03.120 --> 00:33:07.520
you didn't know how to promote and so you have the service you just got to let people know about it

413
00:33:07.520 --> 00:33:11.760
and so you were full-time as an entrepreneur but you probably weren't spending four hours a day promoting

414
00:33:12.320 --> 00:33:17.840
and so when you are right and so that's that's what you need to do so nights and weekends for you

415
00:33:17.840 --> 00:33:23.680
is you log out of work go home kiss the dog high five the kids and then you spend four hours promoting

416
00:33:24.240 --> 00:33:29.040
and promoting is you make content you reach out to people or you run ads and given your financial

417
00:33:29.040 --> 00:33:34.880
situation it's going to be making content and reaching out to people that's it literally if that's

418
00:33:34.880 --> 00:33:38.640
what you're you start your timer four hours you make content you reach out to people and you do

419
00:33:38.640 --> 00:33:41.760
that for four straight hours every day you do that you're gonna have more business in the next six

420
00:33:41.760 --> 00:33:45.520
months than you even know what to do with that's it that's all you have to do like you're the thing

421
00:33:45.520 --> 00:33:49.600
is that you're in a good spot because you have the skill that there's already demanded like I don't

422
00:33:49.600 --> 00:33:54.080
have to test your idea you're trying to provide bookkeeping services it's a commoditized service like

423
00:33:54.080 --> 00:33:58.800
if you do a good job you're on time like you are responsive you deliver things on the first of

424
00:33:58.800 --> 00:34:02.320
the month people want to do business with the end they'll stay with you and so you just got to let

425
00:34:02.320 --> 00:34:06.640
people know about it faster because I'm guessing that your rate was based on referrals you had one or two

426
00:34:06.640 --> 00:34:10.640
customers maybe three and by the time you get one you were four over two or three months one would

427
00:34:10.640 --> 00:34:14.960
drop and you stayed there until eventually you couldn't right I'm guessing that was the story right

428
00:34:14.960 --> 00:34:18.080
so you just need to increase your sales velocity which means you got a lot more people know about it

429
00:34:18.080 --> 00:34:23.200
and you got to learn how to sell because it was just you right did you have any employees no I had a

430
00:34:23.200 --> 00:34:28.480
virtual assistant during tax season but yeah it was mainly just me yeah then you have the easiest

431
00:34:28.480 --> 00:34:33.520
business in the world because a hundred percent of the revenue is profit right it's just you for now

432
00:34:33.520 --> 00:34:38.720
and so you can absolutely get yourself to 10 20 accounting clients and you're going to be working

433
00:34:38.720 --> 00:34:42.320
like a dog at this point but you'll be making way more than you are now and then you'll have new

434
00:34:42.320 --> 00:34:45.280
problems because then your wife's like I don't see you anymore you're like yeah but now we're making

435
00:34:45.280 --> 00:34:49.120
three times of money and I will find a way to use the money to buy back some time and you can do

436
00:34:49.120 --> 00:34:54.640
that but I deal like you're you're like you already have the hard shit done you're like six months away

437
00:34:54.640 --> 00:34:57.840
seriously like I don't normally say that like you're six months away you got to you got to reach out

438
00:34:58.560 --> 00:35:04.000
let's call it let's call it 10,000 people you reach out to 10,000 people you'll have you'll have

439
00:35:04.000 --> 00:35:10.320
the business you want because I'm telling you right now as a business owner dude the amount of crappy

440
00:35:10.320 --> 00:35:14.720
accounts and bookkeepers that are out there outnumbered the good ones a hundred to one like no one

441
00:35:14.720 --> 00:35:19.840
stoked about their bookkeeper so like like it's not heart and like think about it those guys don't

442
00:35:19.840 --> 00:35:22.880
like those guys suffer the same issue that you have is they don't how to promote themselves

443
00:35:23.520 --> 00:35:28.000
they're not business people they're being counters and so like you you've been you've been in

444
00:35:28.000 --> 00:35:31.760
being counter mode and you got to get in you got to get in promoter mode especially as a as a

445
00:35:31.760 --> 00:35:36.240
solo entrepreneur it's all promotion in the beginning so would you suggest just mainly cold

446
00:35:36.240 --> 00:35:40.400
outreach or should I try to do content or just go straight cold out you can do both I mean do one

447
00:35:40.400 --> 00:35:44.560
post a day one post a day see who interacts with it so who likes it who comments on it you can

448
00:35:44.560 --> 00:35:49.600
message all those people and then you can reach out as well but the thing is is with your profession

449
00:35:49.600 --> 00:35:55.600
finding someone who has an adjacent audience so you know if someone who's an HR company or

450
00:35:55.600 --> 00:35:59.520
recruiting company right like if you can figure out a way to just work with them they already have

451
00:35:59.520 --> 00:36:03.360
a whole engine of people coming in and just see if you can just get off the backside and give

452
00:36:03.360 --> 00:36:10.000
them a kickback just for intros like that's a super productive way of of leveraging the amount

453
00:36:10.000 --> 00:36:13.440
of reach out like you can just reach out to 10,000 business owners and you'll you'll get your not

454
00:36:13.440 --> 00:36:17.360
but you could probably reach out to a thousand B2B businesses and see if you can structure a

455
00:36:17.360 --> 00:36:21.040
partnership with them that they can refer you business anywhere for it back to them but yes

456
00:36:21.040 --> 00:36:25.840
content and outreach you and real talk the content is probably not in the beginning where you're

457
00:36:25.840 --> 00:36:28.720
going to get the majority of your business I just want to just prepare you for that but the

458
00:36:28.720 --> 00:36:31.840
reason that you're making the content in the beginning is that so when you do reach out people

459
00:36:31.840 --> 00:36:35.520
will go to your page and they will consume your content and then they will decide to respond

460
00:36:37.520 --> 00:36:41.760
based on the quality so think about that stuff as lead nurture more than lead gen in the beginning

461
00:36:43.040 --> 00:36:46.000
over time you'll get better at it will start generating business but it might take you a year

462
00:36:46.160 --> 00:36:49.760
to like it takes time to get good at that you've inspired me and that's the reason why I took

463
00:36:49.760 --> 00:36:54.640
the jump in the beginning so I appreciate you well I appreciate you for taking the jump and I will

464
00:36:54.640 --> 00:36:59.440
ask you to trust me one more time which is that four hours a day have the conversation with your wife

465
00:36:59.440 --> 00:37:05.360
10,000 reach outs and let me know in six months she's watching so she knows all right let's

466
00:37:05.360 --> 00:37:09.920
Celeste take his 10,000 reach outs that's it like on the other side of 10,000 reach outs is you

467
00:37:09.920 --> 00:37:14.160
making the money that you want to make and having the skill of promotion and sales that's it

468
00:37:14.160 --> 00:37:17.440
I just want you to know and I hope that motivation exists here for this one reason which is that

469
00:37:17.440 --> 00:37:21.920
like you are not alone there are other people going through it and so despite that it may

470
00:37:21.920 --> 00:37:34.720
deal lonely you are not alone keep being one of zero
