Andrew Tate Hustlers University Leaked Part 3 (watch before deleting)

Golden Sight
24 Jul 202214:00

Summary

TLDRThe video script emphasizes the importance of outsourcing tasks cheaply to students or using platforms like Fiverr to avoid hiring companies, which often prioritize profit over client satisfaction. It advocates for building a team of individuals with vested interests in the business's success, rather than relying on multiple companies. The speaker, a self-proclaimed hustler, stresses the necessity of spending money wisely to grow a business, focusing on investments that directly lead to increased revenue, and warns against unnecessary expenditures that don't contribute to business growth.

Takeaways

  • 💡 **Outsource Cheaply:** Hire students or individuals instead of companies for cost-effective work. Companies have their own profit motives, while individuals can offer personalized services and are often cheaper.
  • 🤝 **Prefer Individuals Over Companies:** Building relationships with individuals (like students) can lead to better collaboration and cost savings compared to dealing with companies that prioritize their own profit over your needs.
  • 👨‍🎓 **Use Students for Projects:** Students often need practical experience and are willing to work for lower rates, making them ideal for tasks like video editing or app development.
  • 🤑 **Avoid Unnecessary Spending:** In the initial stages of a business, spending money can lead to financial trouble. Focus on generating income without making unnecessary expenditures.
  • 💼 **Invest Wisely:** Only invest money in areas that will directly lead to more revenue. Avoid spending on things like office spaces unless they provide a clear path to increased income.
  • 📈 **Focus on Income Generation:** The primary focus of any business should be on bringing in orders and revenue. This is the core of the business, and everything else is secondary.
  • 🚫 **Avoid Hiring Large Companies:** Large companies may not prioritize your projects as they focus on acquiring more clients. They often have multiple objectives that can lead to delays in your projects.
  • 📊 **Track Spending Impact:** Evaluate how each expenditure contributes to revenue growth. Ensure there is a direct link between spending and increased sales or customer acquisition.
  • 🏠 **Leverage Low-Cost Operations:** Operate your business from home or other low-cost environments until you reach a scale where additional expenses are justified.
  • 🔍 **Stay Lean and Agile:** Emphasize flexibility and minimalism in business operations. Avoid complicating the business with unnecessary tools or processes that don’t contribute to revenue.

Q & A

  • What is the speaker's main advice regarding outsourcing tasks?

    -The speaker advises outsourcing tasks cheaply by finding individuals, like students, rather than hiring companies. Students are often willing to work for less money and can provide the necessary skills without the high costs associated with companies.

  • Why does the speaker prefer working with individuals over companies?

    -The speaker believes that individuals have a personal vested interest in completing their tasks, whereas companies prioritize making money and may not focus as much on individual client satisfaction.

  • According to the speaker, what are the potential downsides of hiring a company for a task?

    -Companies often have multiple clients and may prioritize taking on more work over delivering quality on a specific project. They are also typically more expensive than hiring individuals.

  • What analogy does the speaker use to describe the ideal company structure for a hustler?

    -The speaker suggests that the ideal structure involves the hustler at the top, with trusted individuals handling specific roles below them, such as sales or app development, rather than relying on multiple companies.

  • How does the speaker describe the relationship between a hustler and their staff?

    -The speaker describes it as a team or family dynamic, where everyone has a vested interest in the success of the business, as opposed to a detached relationship with companies.

  • What is the speaker's advice on spending money when starting a business?

    -The speaker advises against spending money unnecessarily, especially at the beginning. Spending should be carefully considered and only done if it directly contributes to bringing in more money.

  • Why does the speaker think being broke can be advantageous when starting a business?

    -Being broke is seen as liberating because there is less at risk if things go wrong. There's no mortgage or car payments to worry about, allowing for more freedom to experiment and grow.

  • What does the speaker identify as the primary cause of business failures?

    -The primary cause of business failures, according to the speaker, is spending money unnecessarily, leading to financial difficulties.

  • What should be the focus when deciding on business expenses?

    -The focus should be on whether the expense will directly lead to bringing in more orders and generating revenue. If it does not contribute to this goal, it should be reconsidered.

  • What does the speaker mean by 'geek [ __ ]' and why should it be avoided?

    -The term 'geek [ __ ]' refers to technical solutions or systems that do not directly contribute to sales or customer acquisition. The speaker advises avoiding these unless they clearly improve the business's ability to generate revenue.

Outlines

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Mindmap

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Related Tags
Outsourcing TipsHustle MindsetBusiness GrowthCost EfficiencyEntrepreneurshipAvoid HiringStudent FreelancersFiverr OutsourcingPersonal InvestmentRevenue FocusStartup Advice