Andrew Tate Hustlers University Leaked Part 8 (Self confidence)

Summary

This video script emphasizes the importance of irrational self-confidence in business, asserting that confidence is key when dealing with clients and selling products. It discusses the concept of 'taking' rather than 'making' money, highlighting the need to strategically position oneself to acquire wealth. The speaker also advises against making anyone irreplaceable in a business and uses the tactic of creating scarcity to increase desire for products. The script concludes by calling out the laziness that often prevents people from acting on their business ideas, urging them to take immediate action for success.

Takeaways

• 😎 Confidence is Key: People are more likely to invest in someone who is extremely confident in their abilities and services.
• 👨‍⚕️ Confidence in Professionalism: Just like a patient wants a confident doctor, clients want to see confidence in service providers for their investments.
• 🙅‍♂️ Avoid False Claims: While confidence is important, it should not cross into the territory of being a 'bullshitter' or making baseless claims.
• 🏆 Be the Best: Assert that you are the best in your field, even if it's a bold claim. This can create a powerful impression on potential clients.
• 💧 Money Movement: Money is not 'made' but 'taken'. It's about positioning yourself to receive money as it moves through the economy.
• 💼 Middlemen Dynamics: Most businesses function as middlemen, facilitating transactions and taking a cut of the money that moves through them.
• 🔄 Money as Water: Money is like water, constantly moving, and those who position themselves correctly can capture it.
• 🚫 Create Scarcity: Telling people they can't have something can increase their desire for it, a powerful sales tactic.
• 🔑 Avoid Irreplaceable Individuals: Ensure no single person is so vital that their departure could jeopardize the business.
• 🏁 Speed is Crucial: Act on your ideas quickly; don't delay. The sooner you start, the sooner you can reap the benefits.
• 🛑 Overcoming Laziness: Many people have ideas but fail to act on them due to laziness. Taking action is what separates successful entrepreneurs.

Q & A

Why is confidence important when someone is about to spend money on a service or product?

Confidence is important because it assures the customer that the service provider is competent and capable, which instills trust and makes them more likely to proceed with the transaction.

What is the speaker's view on being confident without being a 'bullshitter'?

The speaker emphasizes the need to be extremely confident in one's abilities and services, but warns against making false or exaggerated claims, as authenticity and competence are key to gaining trust.

How does the speaker describe the concept of 'making money'?

The speaker argues that money isn't 'made' but rather 'taken' from others. He suggests that money is in constant motion and those who position themselves correctly can capture it.

What is the significance of the 'water' analogy used by the speaker?

The 'water' analogy is used to illustrate the idea that money, like water, is always moving and one must be in the right place at the right time to capture it.

Why is it problematic to have an irreplaceable person in a company?

Having an irreplaceable person in a company is problematic because it creates a single point of failure. If that person leaves, the company can suffer significantly, affecting its operations and potentially its survival.

What sales tactic does the speaker suggest using to increase demand?

The speaker suggests the tactic of telling people they can't have something to increase their desire for it. By creating a sense of scarcity or limitation, demand can be artificially inflated.

What is the speaker's opinion on the common mistake of waiting to start a business or idea?

The speaker criticizes the tendency to wait for the 'perfect moment' or external validation to start a business or idea, emphasizing that action and initiative are more important than waiting.

Why does the speaker say that most people are 'middlemen' in the business world?

The speaker considers most people as 'middlemen' because they facilitate transactions by supplying products or services that others want, essentially acting as intermediaries in the exchange of money for goods or services.

What is the speaker's view on the importance of action over inaction in business?

The speaker strongly advocates for taking action over inaction, stating that many people know what they need to do but fail to execute due to laziness or fear, which hinders their success in business.

How does the speaker define 'irrational self-confidence' in the context of business?

Irrational self-confidence, as defined by the speaker, is the unwavering belief in one's own abilities and services, even in the absence of concrete evidence, which can be persuasive and influential in business transactions.