Pursuing Your Dream Relentlessly For Business Success
When the decision is made, the doing becomes effortless. What do I mean by that? What I mean by that is that once you become resigned to achieving the results that you want to achieve and you decide that you are willing, you don't might not have to do it but that you're willing to do whatever it takes to get it, very little can stop you. Sure, if you die, get hit by a truck or something, maybe. Outside of that, I wasn't willing to take no for an answer and there was zero indication if you saw it in my face that I wasn't willing able or interested in doing the impossible.
What’s Your Belief Structure And Reality Distortion Field?
Resilience. People are going to try to knock you down. People will put you down but it's how many times you get up when that failure happens and also there is an element to it of not giving an about what people think of you. You cannot care what other people think. Other people's opinions only matter if they coincide with your belief structure and your reality distortion field.
Trickle Up Economics Explained
So now you're going to go buy $1,000 worth of product from distributor A This MLM. And for those of you guys who don't know, it's multi-level marketing effectively. And I hope I'm not offending anybody involved in multi-level marketing, but many people do believe that it is very similar to a Ponzi scheme. Because the people at the top of the pyramid, make money, every time product is sold down the line.
The Real Deal – Perform Or Perish
It's true. There's no participation prize in the real world. There's no participation prize on Amazon, you don't get an honorable mention for having good intentions. So you have to go out there ready to crush and if you can't handle that, get a job, go work for someone and sell or be a socialist. There are plenty of countries that would love to have you as a socialist, you know, and I know there's a whole political movement of like, oh, everybody should be free and give the money away and feed the homeless and you know what? Get three kids and start an Amazon business. See how socialist you are? You won't be that socialist once you have written your checks. Go read Ein Rand the fountain header atlas shrugged and let's see if your philosophy doesn't change a little bit.
Assets For The Future – Your Digital Brand
The real estate's an asset. If you can't touch it and feel it, it's not an asset, but I'm hearing you say it's 2021. Real estate is one great asset, but internet real estate is a website domain a book, an audiobook, an amazon store that's real estate. The only difference is amazon can fire you and um you know in real real estate you could get usurped by the government but it's unlikely you know I mean to just get it taken away.
Why Time Is The Unreplenished Asset?
We talk about how to think not just outside the box but how to crush the box and create a lifestyle that you can be happy with by having more money, having more time, and knowing it's funny because I often tell people time is a new luxury. It doesn't matter if you have all the money in the world and you don't own your time, if you can't travel where you want, with who you want, doing what you want. If you can't stop what you're doing right now and go play football with your kid, hang out with your wife or your husband, or do whatever you want, you don't have freedom.
Build Your Brand Worth An Exit (If Needed)
So the people who are seeking to start a business to sell it, generally don't succeed. The people who never think about selling a business will have a rude awakening when it comes time to sell their business and what they can get for it. With that said, you want to be somewhere in the middle.
Know Your Risk Number?
Like there is a risk. There's risk involved in each person has a different scale of the risk that they're willing to take and whether it's fighting, whether it's Covid, whether it's business, life, whatever risk is inherent and as a former fighter I went into it knowing I'm risking my health. Okay, I could have brain damage, I could get knocked out, could break a limb, could get stitches, could fracture my eye socket.
Are You A Leader Or A Micro Manager?
People who do impossible things, people that are leaders are generally broad-stroke guys and what I mean by that part is that they don't tend to get overwhelmed by the details. The people who are generally not hugely successful are far more concerned about the specialization and the this and the that and the little details of things which is the reason why rocket scientists aren't the wealthiest people in the world.
Avoiding The Investor Accountability Trap
Yeah, distribution first is a key. One that we talked about. We had great distribution with vape here. The other one was if you can help it don’t take investors. I was all excited about people wanting to invest in my company and putting money in my company and then I realized that oh dude I’ve got like 14. I’ve got to answer to now and that really was a difficult time for me and then when it came time to sell the company and have a nice exit and sell to another firm I realized that I was being held back by investors that couldn’t agree.
Working On The Go – Freedom From Office Hours
Is that you always need people to captain the trains and to ride the boats and someone’s always got to drive the train and what that means is that the people that really want to build their lifestyle of freedom and with recurring revenue and using these algorithms and finding good mentorship and mentorship programs that they can be involved in to invest in their well-being but also invest in their personal development.
The One Key Mantra To Succeed As An Amazon Seller
You know it is as it goes from blue ocean to red ocean right one of the terms we use to kind of describe things you have to constantly be refining and a lot of people I mean think like much like yourself feel alone going at it. Alone because they’re in there and they’re like man amazon’s not answering my calls. I just get some dude in India you know. The phone keeps getting disconnected because Amazon doesn’t really care about you as a seller is the first dirty secret of amazon.
Plan For Life Prosperity, Not Probability
And the students that I have the ones that I can tell are going to succeed are the ones who don’t look at it like it’s a roulette table right. They don’t think like hey, I threw the little ball in the thing and it went around and landed on my number right. They look at it as I’m gonna hit this nail in the head until it goes in and if the hammer doesn’t work, I’m gonna use a sledgehammer. If that doesn’t work I’m gonna use a rock. Whatever it takes, I’m gonna get it done. Those are the guys that that make it.
Planning For Active And Passive Income
That’s cash flow positive real estate, great. More wealth is built in this country by real estate than than pretty much anything else right. You should have one one area of your business that’s you know in the stock market and then another area that pays you to work you know. If you’re still in the business of selling your hours which I know a lot of us have gotten out of but if you’re doing that and that’s the money that you’re bringing in for your rent, your family whatever that’s respectable. But you have those pillars.
Spot Your Moment Of Fortune
But as far as just you know entrepreneurship and business goes I mean like they say you know if there’s blood in the street buy real estate. Dude, there was blood in the street and a lot a lot of wealth was created and now like we’re in l.a like everything’s open. People aren’t wearing masks and stuff and you’re looking around and I’m like people are back to buying 7.50 lattes on the corner here and like it’s almost like nothing changed
Using Adversity To Fuel Greatness
Because we have grit that’s the thing. If you look at Iranians, Armenians, Koreans you know Chinese and anybody that comes to this country as an immigrant, you know life is very different outside of the united states and where I came from Iran even though I was very young when I left there we would leave home as a five-year-old and I’d be running with a little five-year-old gang of kids and we’d be doing all kinds of stuff.
Following Your Passion Or Parents’ Dreams?
We just have a different mindset than say someone's growing up here in a more comfortable life. It's like we our parents came here to make a better life for their kids not for themselves. They knew that hopefully being in America would present more opportunities and for your parents it was hey go be a doctor, go be the Jewish person out there with the nine to five working all day.
Selling Your Story Or Products?
I think in general I’ll tell you the number one problem that most entrepreneurs have and that’s that they have the old way of thinking. Most entrepreneurs think to themselves dude I’m gonna Randy, I’m gonna go out there and create a better mousetrap and the world that’s going to beat its way to my door and quickly they learn that in this world of social media and all these types of things that nobody gives a that you have a better mousetrap.
Measuring Risk And Dealing With Authentic Growth Hacks
So there are lots of ways, lots of hacks to do that but you know no one there’s no one thing that you’re gonna do that’s gonna make your thing pop. You got to think again, yeah you got to think foundational. You got to do all of that stuff and then truly you know I’m going to give a disclaimer that I don’t recommend anybody do anything black hat against terms of service but again you know most people do a little white hat greyhound little black hat stuff you know and that’s the way the world goes around.
Bending The Perception Game To Your Advantage
Now we have a tendency to think of the Russians differently but I’ll tell you something. They have less resources than we do in a lot of ways and you and I have talked about this before. It gives them more grit. They can do things that we can’t do. When you hear about Russian hacking and Russian hackers. I see it all the time on amazon. I talk to Russian hackers all the time that have amazon accounts up and are making millions of dollars selling on amazon.