Mehr Skills statt mehr Motivation

0:00The rich buy time, the poor buy stuff, ambitious people buy skills, and lazy [music] people buy distractions. As much as these seem like four different groups, it's really like you have these pairings. Rich people use money to buy time. [music] Ambitious people use time to buy skills. And the reason it's ambitious people is because generational wealth isn't transferred through assets. It's not transferred through stuff. It's transferred through education. It's transferred through skills. And so there's this Sanskrit proverb love. If you have a good son, you don't need to accumulate wealth. If you have a bad son, there's no point in accumulating wealth. And so the idea that you're going to pass on your wealth

0:39>> [music] >> to a child who doesn't have the skills makes it irrelevant. Because fundamentally either it is a good son who has skills. And then [music] if the son has skills, then whether you transfer the wealth or not makes the wealth itself irrelevant. And I find that there's so many things that are like this in wealth creation that you don't understand until you're on the other side of it. Because the answers that you're looking for are not in your news feed. They are not in the distraction. And so the vast majority of lazy people that I have encountered continue to distract themselves because the difficulty of looking at themselves in the mirror and saying, "I am inadequate." is too painful. And so instead they would rather watch fluff videos on the internet that make them feel good and tickle their ears rather than confront reality that they are just not good enough. And so they consume the stuff that's like, "I am worthy. I deserve these things." In other words, entitled to them. Which by the way, if you feel entitled to something, then when you get it, you are never grateful because you thought you deserved it to begin with. We know that gratitude, for example, is something that increases your subjective well-being in life, which is that you enjoy life more when you are grateful for what you get. Which means that you have to, by very definition, expect nothing. Which means you're entitled to nothing. Which means that you deserve nothing. In reality, you are worthy only of the things that you currently have because you have already gotten them. You have proven that you can work in minimum wage jobs, so you are worthy of the compensation of minimum wage. And as much as this is painful, and I'm sure this will get clipped 100 times to show me as some evil rich guy, I'm willing to take that hate for the few people who will hear this message and decide to change the way they act. You can be ambitious and distracted, which keeps you poor. When I started out, at my peak, I had nine businesses because I heard seven income streams make you wealthy. But it doesn't. Seven income streams just spread you seven ways. And I had nine. I was like, "Well, seven good, nine must be better." To give you context, I had a chiropractor agency, I had a dental agency, I had a gym turnaround business, and then I had, at the time, six locations, so there's nine. Where are they? Boom. And I had partners in each of these businesses. I was still the one who was required to rain make, meaning I was the one who was required to sell customers into all nine. If you are required to work inside of the business, then you can only really do one job. And so, when people hear that someone has seven income streams, it's because they own assets that generate that kind of income. But in order to gain the cash to then buy the assets that create the cash flow, it requires time and focus. Let me make focus real for you. Focus is a very amorphous term. Focus is measured by the amount of things you say no to. And inversely, you can measure it by how few things you say yes to. Meaning, the most focused person says only yes to one thing and says no to literally everything else. Real quick, if you're a 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 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.