Reich werden durch weniger, nicht mehr tun

0:00How would I get someone to be poor? I would get them to keep starting new things rather than getting good at one thing. And so, do you remember that guy who got rich drop shipping, day trading, buying crypto, and wholesaling all at the same time? Yeah, me neither. You have to focus. And it's arrogant to think that you could do multiple things at once and beat someone who does one thing with all their effort. You have to pick one thing and go all in and then you become the one who's hard to beat.

0:26So, I told you earlier that I had nine failed businesses. Now, here's the part that a lot of people No, no. Six of those I had at the same time. And so, I like to tell people like, "Oh, yeah, I'm a CEO. I've got multiple companies." Right? Like, kind of the way I do now, but it's very different now. Because the thing is is that I actually have CEOs who run those businesses, right? Not me. Cuz you can only be CEO of one thing. You can only drive one thing. Now, I drive acquisition.com, right? But CEOs of each of the divisions of each of the portfolio companies, like, those are people who run their own profit and loss statements. And I didn't understand that. And so, I had a chiropractor agency, a dental agency, a gym launch business where we did turnarounds. I And then I also had five gyms of my own at the time. All right?

1:06It depending on how you want to describe it, I had five locations plus the three, so I had eight. It's a lot, all right? It's too much. And because of that, I was stressed out of my mind. I was so spread thin. And basically, I had lots of things that generated revenue and I didn't make any money. The only thing that it fed was my ego, not my bank account. When did this big turnaround happen for me? Layla came into my life and she was like, "Hey, you're clearly really good at this one thing. Why don't we just cut everything else?" And that's exactly what I did. It was the hardest period of my life cuz I had to shut down all the other businesses but one, which also meant that I had end partnerships with all these different other people that were relying on me. And that was hard. I'm not going to lie, like, it was not fun. Like, these are people that I liked. But I had to make this decision.

1:44I had to cut off the life that I didn't want to have the life I wanted. If you want to impress people who are poor, talk about how many things you do. If you want to impress people who are rich, talk about how good you are at one thing. Like, at the end of the day, your ability to demonstrate excellence is going to be the only thing that someone who is ahead of you will look at. And so, you only fool the people who have no idea. And I'll be real, there's a lot of people who have no idea. So, the thing is is that this is where the whole imposter syndrome will start creeping up on you. Because you're like, man, I you know, I kind of feel like a little bit of imposter. Because you are. You're misrepresenting yourself. You know you're not as successful as you pretend to be. And so, if you want to eliminate imposter syndrome, just stop lying. When I say lying, people are like, I don't lie. If you present something in a way that you know is going to be perceived differently than what reality is, posturing, in my opinion, lying. You're misrepresenting. What you want to be able to do is state the facts and tell the truth, period. And then if those facts and truth are not compelling and do not get you status, then change the facts and change the truth. Meaning, not that you lie about them, but you work so hard that the truth is compelling. And sometimes that takes time. But I promise you, the people who are who are all in on the imposter stuff, the guys that I knew that are that were, you know, when I was in my 20s who were kind of like hustle bros, whatever, a lot of those guys faded, you know? And they or they're still like jumping from thing to thing to thing, kind of like pretending to be successful, but like I know that they're barely able to afford their house. At the end of the day, it's a choice that you have to make. Do I want to pretend to be rich? Do I want to pretend to be successful? Do I want to look like I'm successful? Or do I want to be successful? Which more likely is do the things that success requires, which today do not look like success. It looks like a very long string of failures. Because you will be rewarded far more in life for your determination than your intelligence. But the problem with determination is is that in the short term, it looks like a long string of failures until it works. Real quick, if you are business owner and you are not growing as fast as you 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. And so I'd like to give you this thing absolutely free. You can go to acquisitions.com/roadmap, plug in your business information, and if you want us to actually help you deconstruct your 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 your 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.