if u actually do THIS, you’ll make millions lol

Summary

In this motivational video, the speaker shares his journey from financial struggles to building a successful online business. He emphasizes the importance of mindset, long-term thinking, and consistent action. Inspired by Jeff Bezos's approach to business, the speaker encourages viewers to set a three-year vision, break it down into actionable steps, and execute daily with discipline. He also stresses the power of sacrifice and the need to balance short-term actions with long-term goals. The speaker challenges viewers to consider what they would do differently if their life depended on achieving their goals, advocating for ruthless discipline and the elimination of distractions to succeed.

Takeaways

• 🎯 **Vision and Long-Term Thinking**: The speaker emphasizes the importance of setting long-term goals and thinking in terms of years rather than months to achieve success.
• 🤔 **Mindset Shift**: Changing one's mindset from focusing on immediate results to understanding that success is a marathon, not a sprint, is crucial for sustainable growth.
• 🌱 **Planting Seeds**: The analogy of planting seeds is used to illustrate the need for patience and persistence in business, as growth takes time and consistent effort.
• 🚀 **Execution and Patience**: A balance between ruthless daily execution and patient long-term planning is key to achieving entrepreneurial success.
• 🕰️ **Time Horizon**: Extending the time horizon for success can reduce competition and open up opportunities that are not available to those with short-term focus.
• 📈 **Incremental Progress**: Breaking down long-term goals into smaller, achievable actions and making daily progress towards them is a practical approach to realizing big visions.
• 💡 **Inspiration from Bezos**: The speaker takes inspiration from Jeff Bezos's approach to business, highlighting the power of having a long-term perspective and being stubborn about vision.
• 🛑 **Avoiding Shiny Object Syndrome**: The script warns against constantly chasing new opportunities without allowing existing efforts time to bear fruit.
• 🔄 **The Dichotomy of Action**: It's important to manage the dichotomy between thinking in long-term time frames and acting in short-term time frames to maximize both daily and decade-long output.
• 💪 **Sacrifice for Success**: The speaker shares their belief in the power of sacrifice, stating that being willing to give up immediate pleasures for long-term goals is a common trait among successful individuals.
• 🧘 **Contemplate Impermanence**: The idea of rehearsing one's mortality as a tool for motivation and clarity of purpose is presented as a profound strategy for achieving success.

Q & A

What significant event recently happened in the speaker's life?

The speaker discovered that their new neighbor is an NBA legend who used to be one of their favorite basketball players growing up.

What was the speaker's financial situation a few years ago?

A few years ago, the speaker had basically no money to their name and was quite lost in life.

What did the speaker wish for in terms of income when they started their online business?

The speaker wished to make $2500 a month, which equates to $30,000 a year.

How successful is the speaker's company currently?

The speaker's companies now do $400,000 to $500,000 every single month and have about 40 team members across the businesses.

What is the core message the speaker wants to convey in the video?

The core message is about the importance of changing one's thoughts to transform their life and achieve success, emphasizing the long-term mindset and consistent action.

What quote does the speaker reference to emphasize the importance of thoughts?

The speaker references a quote by Lao Tzu, the Taoist philosopher: 'Watch your thoughts, for they become words. Watch your words, for they become actions. Watch your actions, for they become habits. Watch your habits, for they become character. Watch your character, for it becomes your destiny.'

What did Jeff Bezos donate $42 million to in 2011?

Jeff Bezos donated $42 million to the development of a giant clock set to last for 10,000 years.

What is the title of Jeff Bezos's first shareholder letter in 1997?

The title of Jeff Bezos's first shareholder letter in 1997 was 'It's All About the Long Term'.

What is the 'Bezos effect' or 'popcorn effect' as described by the speaker?

The 'Bezos effect' or 'popcorn effect' is the idea of achieving seemingly astronomical results from doing a simple activity for an extended period, emphasizing the power of planting seeds and watching them grow over time.

What is the main idea behind Newton's first law as it relates to the speaker's message?

The main idea behind Newton's first law in relation to the speaker's message is that an object at rest (an entrepreneur not taking action) will stay at rest unless acted upon by an unbalanced force (a significant event or motivation that propels them to action).

What challenge does the speaker propose to the audience regarding their goals?

The speaker challenges the audience to imagine they have only 12 months to achieve their business goals or they will die, prompting them to consider what they would start and stop doing to ensure success.

What is the significance of the 'start' and 'stop' exercise suggested by the speaker?

The 'start' and 'stop' exercise is significant as it encourages individuals to identify specific actions they would take (start) and habits they would eliminate (stop) if their life depended on achieving their goals within a limited time frame.

What does the speaker suggest about the relationship between sacrifice and success?

The speaker suggests that the level of success one achieves is directly related to the level of sacrifice one is willing to make, emphasizing that those who are willing to sacrifice short-term pleasures for long-term goals are more likely to succeed.