Die eine Gewohnheit, die sein Verhältnis zu Geld änderte

0:00Check your bank account before you check social media first thing in the morning. And if it hurts you to check your bank account first thing, then you need to do it even more. Because for me, I started not knowing where my money was going. And so, I had a friend who was like, "Dude, just look." And I honestly had anxiety looking at my bank account, looking at what money was going out and all that kind of stuff. And so, I started making that habit. And I had to confront it. But the crazy thing is is as I started looking at my money, as I started paying attention to my money, my money started paying attention to me and hanging around.

0:35And so, Peter Drucker said, "What gets measured gets managed." And so, one of the most fascinating things that I found with human behavior in any kind of change is that the first thing that you can do to improve any metric for any skill is to actually measure it. And so, if you want to lose weight, if you weigh yourself every day, no matter how painful the number is, that intervention alone helps people lose weight. You don't even have to talk about diet. You don't have to tell someone to exercise.

1:03If they look at the scale every day, they become aware of it. And when we become aware of a problem, you start consciously or subconsciously making moves to change it. You have that hesitation before you put that food in your mouth. You have that hesitation before you take your wallet out when you're looking at your bank account every day. It doesn't matter what it is, whatever you're trying to improve, but look at it. Confront reality, and then reality will start to improve. And if you're curious, how long do you still check your bank account every day? And I'll the honest truth is, I stopped checking when we had about 20 million bucks. Um and so, that started when I had in the hundreds to thousand dollars uh and continued to check every day. And when I stopped checking, it was then I realized my daily fluctuations in in market movements and things like that across my assets.

1:46Uh it like I didn't I I basically wasn't able to really see it on a daily basis. So, I had to start extending my time horizon for when I would check it. So, it'd be monthly or quarterly that I started checking it. Uh because that way at least I know I should have some movement upwards and that is something that if you've done checking your bank account every single day for years, you start to already have developed some of those discipline skills, which then you can delay gratification of having saved money for a day to having saved money for a quarter. 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.

2:34And 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. And 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 just 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.