Watch on YouTube
“It’s not about how hard you row, it’s about what boat you’re in” - Warren Buffett
This video does not allow embedding, so you get a static preview and a link to the original.
Key takeaways
- But if you got into a rocket, you would go all the way to outer space in 12 minutes.
- The opportunity vehicle that you pick to build your business is going to be the thing that's going to propel you the furthest.
Chapters
-
0:00
Abschnitt 1 It's easier to make $10 million a year than $100,000 a year, and I can prove it in under 60 seconds.
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00It's easier to make $10 million a year than $100,000 a year, and I can prove it in under 60 seconds. So, let's say you're walking. And if you want to walk for 12 minutes, you're going to get 0.5 miles covered. Not a lot. Now, let's say in that same 12 minutes, you decide to bike. If you bike the average pace, you'll get somewhere closer to 3 miles in that same time period. If you chose to hop in a car and go 60 miles an hour, you'd get somewhere closer to 12 miles in that same 12 minutes. But if you got into a rocket, you would go all the way to outer space in 12 minutes. It's easier to get to $10 million because you pick a different vehicle, but all of these take the same amount of time. The opportunity vehicle that you pick to build your business is going to be the thing that's going to propel you the furthest. All you have to do now is replace 12 minutes with 12 years, and the distance you travel with the money that you want to make.