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You Must Endure...

The one instruction Alex gave new business owners starting a community was to learn to endure, recalling how signing his gym lease with only $5,000 in the bank forced him to figure it out, since necessity is the mother of invention.

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1:44
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Key takeaways

  • There's a reason that when I gave instructions to some of the new business owners who were going to start, you know, putting a community on school, one of the sole instructions I gave them was learn to endure.
  • How does this work?" If I made a 100% of the money that I had made in my job, I would have been able to pay rent and have no food or anything else.
  • And so I can say with a lot of confidence that these are the stages as headcount increases that you need to get through.
  • And I broke each of these down by eight different functions of the business.

Chapters

  1. 0:00
    Abschnitt 1 endure.
  2. 0:27
    Abschnitt 2 I had never really made money before and so I was like, "Oh, wow.
  3. 1:34
    Abschnitt 3 And it works.

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

3 segments

0:00endure. There's a reason that when I gave instructions to some of the new business owners who were going to start, you know, putting a community on school, one of the sole instructions I gave them was learn to endure. And so, the fastest way to become the person you want to be is to put yourself in a situation where you have no choice but to become them. You'd be amazed at what you can endure when you have no choice. For me, when I signed my lease for my gym, I had $5,000 in my bank account. The rent was $5,000.

0:27I had never really made money before and so I was like, "Oh, wow. How does this work?" If I made a 100% of the money that I had made in my job, I would have been able to pay rent and have no food or anything else. But one of my favorite flavor texts on Magic cards is necessity is the mother of invention, right? It's the constraints that create the innovation that is required to get you out of the constraint, to get you out of the hard time. And so when I think back on like human history, sometimes we think the things that were going through our heart, but they're certainly much easier than things that other humans have endured. And how did they endure them? Well, when the only choice they had was die or endure, you tend to endure. Real quick, I'm going to show you the exact 10-stage road map from zero to 100 million plus that less than 1% of companies finish, I've now done multiple times. And so I can say with a lot of confidence that these are the stages as headcount increases that you need to get through. And I broke each of these down by eight different functions of the business. What the constraint feels like, like what are the symptoms of it when you're going through it, and then what steps we actually took to graduate. And we've done this across software, physical products, uh, service businesses, brickandmortar, all of this.

1:34And it works. And it's my gift to you. It's absolutely free. And so the link's in the description, but you just go acquisition.comromadap. Just enter your info and it'll spit it right back to you. Offering.