Wohlstand liebt Zeit, Armut liebt Unentschlossenheit

0:00The more money you make other people, the more money you make. And so, the amount of money that you will be able to make in your career comes down to three variables. Number one is the value that you're able to create in total for all of the people you create it for. Times your ability to negotiate how much of that value you're able to get. Times number three, which is the amount of other people who can also create that value. And you have to have all three.

0:27Because, for example, if you develop a skill of sales and you can create millions of dollars in value for a company and you're really good at negotiating, then, in theory, you'd get millions and millions of dollars from that company. But if somebody else is willing to work for a few hundred thousand dollars a year in order to make that value, then your position disappears. And so, that gives us the blueprint for making money. Is that not only do you want to be able to create that value, you want to be able to create a value in a way that no one else can. And the way that you do that is not by, in my opinion, learning some incredibly secret unique skill. What makes skills unique is the skill set. It's the stack of skills together that create the uniqueness. If someone else has to try and recreate something I could do, they would have to have lived my life. And so, your life and the time you spend becomes your competitive advantage. It becomes your asset. It becomes the moat that other people can't chip into. They'd have to go through being a competitive fitness person and then go through owning lots of gyms and then go through doing turnarounds across the country and then go through doing a licensing business and then go through making a supplement business and then go through launching a meal prep business and then also starting a software company and then going through an exit for both and then starting a private equity They'd have to do so much stuff. There are so many skills that are required. Your time is your weapon if you invest it wisely. And the one thing that I would leave you with is that money loves speed.

2:03Wealth loves time. Poverty loves indecision. Real quick, if you're a business owner and you're not growing as fast as you'd like, I'd like to give you a free gift. So, my team and I put together the $100 million scaling road map, which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through and more importantly, where they got stuck and how they got past it. And so we broke it into these 10 stages and we made this little kind of quiz thing where if you put in your business information, it'll tell you where you're at and the most important part for you, what to do for each of functions of the business across product, marketing, sales, customer success, recruiting, IT, human resources and finance. And so no matter what you're struggling with, someone else has already struggled with it and solved it.

2:45And so I'd like to give you this thing absolutely free. You can go to acquisition.com/roadmap, plug in your business information and if you want us to actually help you deconstruct the business and you're trying to scale, we'd love to help you out. On the thank you page, you can book a call with my team and we will look at the business, see if we can help and if we can, we'll invite you out to Vegas and we'll do this in person live.