Jeremy Miner SELLING Live
Summary
TLDRIn this transcript, Scott, a seasoned police officer, shares his frustrations with his current job and his desire for financial freedom. After nearly 30 years in law enforcement, heβs seeking a change to become his own boss and make more money, with a goal of reaching $250,000 a year. He explores a business opportunity that would allow him to work from home, set his own hours, and reduce stress. The conversation highlights his struggles, aspirations, and the potential for growth in a new business venture that offers him more control over his life and income.
Takeaways
- π The speaker's background includes 21.5 years as a police officer in Alaska, and a strong focus on street gangs and criminal justice.
- π The speaker is married with seven children and his wife works in online customer service for Apple, specializing in Japanese.
- π The speaker enjoys his work as a gang expert but feels frustrated due to the recent closure of the gang task force and a lack of gang-related action from the administration.
- π The speaker is considering starting his own business to achieve financial independence and be his own boss after over 30 years of working for others.
- π He initially explored opening a Japanese ramen restaurant and considering franchises but was deterred by the overhead costs.
- π Key criteria for the speaker in choosing a business include working from home, setting his own hours, and earning more income than his current job.
- π The speaker's goal is to make over $250,000 annually, a figure he's currently halfway to achieving with his combined household income of about $180,000.
- π The speaker feels significant stress regarding finances and has been dealing with health issues related to the pressure, including physical therapy and stress management.
- π Despite current job security, the speaker is not willing to settle for less than financial independence and is seeking a business opportunity that allows him to build wealth.
- π The business model discussed involves working from home with a system where sales teams handle client interactions, allowing the speaker to focus on growing the business without traditional employee management.
Q & A
Why is Scott frustrated with his current job as a police officer?
-Scott is frustrated because his gang task force was shut down, and he's been moved back to patrol. There have been a series of shootings and homicides involving gangs, but the administration does not acknowledge the gang problem, which makes him feel as though his expertise is being underutilized.
What personal challenge is Scott facing in his current job situation?
-Scott is dealing with stress related to the lack of action on gang issues and the changes in his work environment. Additionally, he's facing frustration from news reporters asking for his opinion, which conflicts with the administration's stance.
What is Scott's primary motivation for wanting to start his own business?
-Scott wants to be his own boss and have more control over his work. After working for over 30 years for other people, he's ready to make a change and work independently.
Why does Scott believe that now is the right time to start a business?
-Scott feels that after 51 years of life and over 30 years of working for others, he is ready to step into a business where he can have more autonomy, flexibility, and potentially higher income.
What previous business idea did Scott explore before considering starting his own business?
-Scott explored opening a Japanese ramen restaurant and even reached out to a couple of franchises, but he found that the overhead costs were beyond his means at the time.
What are the specific criteria Scott is looking for in a business opportunity?
-Scott is looking for a business that allows him to work from home, set his own hours, and earn more money than his current income. He also wants to ensure that his business will help him achieve financial independence and personal goals, like traveling and helping his children with education.
How much does Scott want to earn annually from his business?
-Scott dreams of earning over $250,000 annually, as he believes that would allow him to achieve financial freedom and set himself up for retirement.
How does Scott feel about his current financial situation, and how does it affect his stress levels?
-Scott feels stressed due to constantly worrying about how to manage his finances, pay off bills, and achieve retirement savings. This stress has been impacting his health, leading to physical therapy, chiropractic care, massage, and acupuncture.
What are Scott's main financial goals if he were to earn $250,000 a year?
-Scott's main goals are to pay off his debt, help his children with education, invest for the future, and ensure that his financial situation is secure for retirement. He also wants to travel with his wife.
How would achieving his financial goals affect Scott personally?
-Achieving his financial goals would reduce his stress and allow him to focus on self-actualization, giving him the freedom to do what he wants, when he wants, and how he wants, without the constant worry of money and bills.
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