Why 99% of People Never Accomplish Their Dreams

0:00Why do you think that most people fail? Is it a skill gap, a belief gap, or is it just distraction? >> I think it depends on how we define failure. So for the people who don't start, then it's probably a belief issue. Like they they didn't they failed by never starting. Um and that's the vast majority of the people. They fail before they start the race. um of the people who do start the race. Um I think just for for people sub a million dollars almost all you know what it's not I would even say that it's at all levels distraction is a huge one they start six businesses in the hopes that one of them will take off because they fundamentally don't understand how business works like you only have you have very constrained resources in terms of time money effort human capital people um and you have to allocate all of those things to one business to just have a hope that it's going to work um so I think focus is a massive one um so that's kind of equal opposite of distraction And then in terms of beliefs, the belief is the early days.

0:53Distraction kind of is pervasive. Um, sometimes it's just business model things. Um, which I would just translate up to skill deficiencies. So once someone gets started, there's there's I think there's just two buckets. You've got um you've got procedural knowledge and declarative knowledge, which is basically the two sides of knowledge that exist, which is knowing how to do something and knowing that something exists or that something's possible. And so this is where people talk about mindset, manifestate, whatever. It's like fundamentally it's just like you have to believe that something's possible. And so if you meet somebody who's doing $10 million a year and they're the same age as you grow in the same hometown, you're like, well, I guess that's possible, right? And all of a sudden it's like, man, my perspective totally changed. Like my mindset I manifested, who knows, whatever. But like you fundamentally now believe it can happen. Cool. So then the only delta that you have is how to do it, right?

1:36That's procedural. So I could talk like we could talk about private equity all day on here and someone could listen to every private equity podcast in the world. You understand that people are doing it, but you don't understand how to do it. and you can understand all the steps, but until you go through it, there's you won't you won't know how it works. And then once you do, then you can do it again. >> Real quick, I'm going to show you the exact 10stage 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.

2:16And we've done this across software, physical products, uh, service businesses, brick and mortar, all of this, and 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.comroadmap. Just enter your info and it'll spit it right back to you. Offering.