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Why Making Your First $100K Is The Hardest
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Key takeaways
- You don't have money to buy other people's time.
- You don't have nearly as much money to buy skills.
- And so, you have to physically do and learn all of the little pieces of growing your business.
- Not through investments, but within your business and getting leverage on other people's time and start buying your own time back.
Chapters
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0:00
Abschnitt 1 The reason that making the first hundred thousand dollars is the hardest is that you have no leverage.
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00The reason that making the first hundred thousand dollars is the hardest is that you have no leverage. You don't have money to buy other people's time. You don't have nearly as much money to buy skills. You have less money to buy media. And so, you have to physically do and learn all of the little pieces of growing your business. But, once you have the first hundred thousand dollars, you can pull off the gas a little bit because then you can start deploying that and that money can start working for you. Not through investments, but within your business and getting leverage on other people's time and start buying your own time back.