Today at a Glance
Do things that don't scale..... 🧐
Domain Experience for the next 20 years
What do I mean by this headline from Brian Chesky's ( founder of Airbnb) great advice? Your first go-around should be about creating the best experience for what's in front of you. Scaling is not important. When I started my medical device company, it was not scalable at all. All I focused on was serving a hospital or surgeon with the best experience possible and mastering that methodology.
Stop chasing the dollar and start pursuing passion! Far too many of us are quick to chase financial gain, neglecting the true essence of our desires. It's like placing the cart before the horse. Misplaced priorities eventually shine through, making it evident to others that all we care about is the numbers. However, the art of creating an unforgettable experience should be what drives us. We need to distill our focus, locking onto the 'why' behind our actions. It's only when we dedicate ourselves to excellence and let passion lead the way that we truly begin to shine.
If you know how to love creating an excellent experience, you now choose how to hone into that for the next 20 years to build something special. I started in service businesses and learned to get customers to say yes to me by creating an incredible experience to work with me.
Obsess with:
Get your Yes
Now I want to buy businesses to deliver these same experiences at scale. Entrepreneurship is about 3 things:
When you start falling in love with the experience of doing something, you will be able to endure the downside when things go bad. The TikTok ad you see on how to arbitrage Airbnb's has a high likelihood that those are quick ways to make a buck that end up being a distraction.
Wise words from an Entrepreneur to get you to $100,000,000
We have one goal to get here:
"You're looking to hire people 10x better than you to continue to lever up the things needed in the company to grow."
Imagine you had a bank account that had endless cash; you would be able to recruit and hire the best talent to make your life easier. There are a couple of ways to get there without having to have this liquidity.
I'm building a holding company to generate $100,000,000 in revenue.
I hired a CEO for my Holding Company someone I felt had skill sets that I didn't have and can help get me closer to $100,000,000
The goal for me is simple: I want to shorten the distance between me and $100,000,000 portfolio of companies.
Increasing Skill Sets
If you are reading this, you're sophisticated enough to realize you are consistently working on skill sets to enhance income and freedom.
Being on social media can be a curse. You get distracted by understanding what it takes to create a business that does 1, 2, or even 3 million dollars, as there's a facade on how easy it is to create this $100,000 a month ad agency I always talk about.
Increase your skill set to teach other people what you want to outsource.
We always hear
" Do the reps."
" Stick it for 10 years."
But why?
It's so you can leverage your skills to reach the top of the pyramid.
You want to be the decision-maker with the skills you have acquired.
You want to deals to go through you based on your skills
You want to know your skills have put you in rooms because you drive value.
Increase your skills, my friend.
P.S. There are 2 ways I can help you 🔑🚀