How I can work 14 hours a day (without burning out)
Summary
TLDRThe key to long-term success in business lies in setting realistic expectations and embracing an infinite mindset. In this video, the speaker emphasizes the importance of understanding that true success takes years, not months. By shifting focus away from short-term gains and instead thinking in decades, you can prevent burnout and stay motivated. Delegating tasks to people who love what they do and aligning your team around a strong 'why' helps ensure sustainability. Ultimately, building a business is about persistence, adjusting your goals, and evolving your motivation over time to continue growing.
Takeaways
- 😀 Set realistic expectations from the start. Success takes time and effort, not instant results.
- 😀 Don't rely on motivation alone. Build a deep belief that you will never give up.
- 😀 Expand your perception of time—success takes years, not months.
- 😀 Business is an infinite game. The goal is to stay in business forever, not to exit after a set period.
- 😀 Avoid burnout by working in a sustainable way. Focus on long-term consistency, not just short-term gains.
- 😀 Delegate tasks you don't enjoy to others who are passionate about them, so you can focus on what you love.
- 😀 Your goal should not just be about money—it's about creating the lifestyle and freedom you desire.
- 😀 Surround yourself with people who share your vision, and build a team that is motivated by a strong, shared goal.
- 😀 The key to long-term motivation is evolving your 'why'. Start with personal goals, then expand to helping others.
- 😀 Track progress based on the input you put into the work, not just the output or the results you get.
- 😀 Business is about growth and improvement, not just achieving a set target. Keep adjusting your goals as you progress.
Q & A
What is the key to maintaining motivation according to the speaker?
-The speaker suggests that motivation is not the right word to describe their drive. Instead, it’s about having the belief that they will never give up. This belief is rooted in setting realistic expectations and understanding the long-term process required to succeed.
Why does the speaker stress the importance of setting the right expectations?
-The speaker emphasizes that many people enter business with unrealistic expectations due to misleading advice from 'gurus.' Setting the right expectations, such as understanding that success can take years rather than months, helps prevent early burnout and discouragement.
How long did it take for the speaker to earn their first payment, and what was the amount?
-It took the speaker four months and roughly 160 days of work to earn their first payment of $400, which equals an hourly wage of around $0.30 during that period.
What is the importance of expanding one's horizon when it comes to business success?
-By expanding one’s horizon, the speaker suggests that people should expect long-term commitment. If you view success as a decade-long process instead of months, it becomes easier to accept setbacks and stay motivated without giving up.
What is the difference between a fixed game and an infinite game in business?
-A fixed game, like a soccer match, has a set time and a clear outcome, whereas business is an infinite game. The goal of business is to stay in it for the long term, continually improving and evolving without a fixed endpoint.
Why is working long hours unsustainable according to the speaker?
-The speaker warns that working excessive hours, like 12-hour days, can lead to burnout. Instead, they suggest focusing on consistency and sustainability, working in a way that can be maintained over decades without sacrificing personal health or enjoyment.
How does the speaker manage to work only 13 hours a week despite having a business to run?
-The speaker has structured their business around tasks they enjoy, such as tech and content, and delegated tasks they dislike, like sales, to others. By focusing on their strengths, they can maintain a manageable workload while others handle aspects they don't enjoy.
What is the speaker's stance on the 'hustle' mentality?
-The speaker believes the 'hustle' mentality of working non-stop is a myth. Instead, they suggest focusing on doing what you love and delegating tasks to others, which leads to a more sustainable and enjoyable business model.
What role do the people you work with play in the success of a business?
-The speaker stresses that building a team of people who share your vision is crucial. If you don't enjoy working with your team, it will lead to burnout. By surrounding yourself with people who align with your goals, business becomes more enjoyable and less stressful.
How should the 'why' behind a business evolve as it grows?
-Initially, the 'why' behind a business might focus on personal freedom or lifestyle. As the business grows, the 'why' should shift to helping others, starting with family and friends and eventually expanding to the broader community or even the future of humanity.
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