discuss in great detail all the wealth building, luxury lifestyle, money making, business growth advices provided here, from the transcript. cover all the points in fun spin way, without missing any advice. add your own info too where relevant. do not use any persons brands name though
5:42
million that's incredible I know we can
5:44
do it let me first ask you this how did
5:45
you scale this company from seven to
5:47
eight figures a lot of business owners
5:48
they have a great idea they start they
5:50
really struggle to scale you specialize
5:51
in scaling companies what took your
5:53
company from 7 to eight figures first of
5:54
all you got to dial in capturing the
5:57
demand so marketing and sales is huge if
5:59
you you don't have somebody overseeing
6:00
and driving the function of marketing
6:02
and sales you don't have a business
6:04
right but then the the challenges then
6:06
that you face as a business owner is not
6:08
just capturing the demand and then
6:10
converting it but fulfilling the service
6:12
so that the client experience doesn't
6:14
break so that requires somebody who has
6:16
a lot of operational experience to come
6:18
in and build systems and process now as
6:20
a multiple 8f figure entrepreneur what
6:22
was the best financial advice that you
6:24
ever receive you have to bet on yourself
6:26
you can't focus on what you're making
6:27
now so there was a time that only made
6:29
$19,000 a year right but here mentally I
6:32
was always Rich you know so it's a
6:34
mindset you have to take the money that
6:36
you're making and continuously reinvest
6:38
in yourself and you have to keep doing
6:40
that all the way through that's how
6:41
you're going to earn more money over
6:43
time so you're the best bet that you can
6:45
make a lot of people value money over
6:47
valuing themselves I value myself over
6:50
money which is why I'm so rich how old
6:52
are you now 43 how old were you when you
6:54
became a millionaire I was actually 40
6:56
40 years old so I guess it took me a
6:58
long time right so it's never too late
7:00
right age is just a number it's all
7:02
about how you feel and and that energy
7:04
that you have inside but if you were to
7:05
go back in time and have a conversation
7:07
with your 20-year-old self when you were
7:08
starting from zero what's the best
7:10
advice that you would give to your
7:11
younger self to not give a [ __ ] what
7:13
anybody thinks about you you have to
7:15
believe in yourself I think when I was
7:17
younger I didn't have Relentless belief
7:19
in myself and I wasn't Unapologetic
7:22
about who I was it took me a long time
7:24
to be who I am today you got amazing
7:26
advice thank you so much for your time I
7:28
apprciate hard family this video has
7:30
been crazy so far we're on the way to go
7:32
get our next interview right now but
7:33
I've got a very special announcement to
7:35
make a couple weeks ago we launched our
7:36
official entrepreneur Community the
7:38
school of mentors we've already hit a th
7:40
members and for the people that have
7:41
joined they can hop on live calls every
7:43
single week to learn from connect with
7:45
and get directly mentored by the
7:47
multi-millionaires and the billionaires
7:48
that I interview on this channel they
7:49
can ask them questions about their
7:51
career their life and their business so
7:52
you do not want to miss out on this
7:53
opportunity cuz it's once in a lifetime
7:55
to be able to get this access to the
7:56
people I interview on this channel every
7:58
single week so to join now link down in
7:59
the description of this video below
8:01
we'll see you on the inside but with
8:02
that being said let's go get this next
8:03
interview come on excuse me sir question
8:05
for you sure have you ever owned a
8:07
business before yes probably a dozen or
8:10
two yeah and what what industry did you
8:12
decide to pursue a career in uh I've
8:13
been in a bunch of Industries
8:15
Electronics Logistics what was your main
8:17
company what was my nobody you ever
8:19
heard of yeah just small business well I
8:21
started a Channel at the University of
8:22
Texas I started the channel oh you're
8:24
you're an Austin boy huh yes sir I I
8:26
grew the channel to over 6 million
8:27
followers I go all over the country just
8:29
ask business owners a couple quick
8:30
questions can I get just one minute your
8:32
I'm trying to get my daughter in a
8:33
wheelchair for sure how long have you
8:35
been an entrepreneur for 40 years 40
8:37
years and do you come do you come from a
8:39
lot of money no what did your parents do
8:41
uh small business owner I worked in my
8:43
father's business uh through uh high
8:45
school and college and then he and I
8:47
started a business uh in the early 80s
8:49
out of that what company did you start
8:51
we started it's in the electronics
8:53
Industry it's a small little
8:54
distributorship in industrial selling
8:56
and that's where I've pretty much been
8:58
my whole career so in terms of Revenue
9:00
what was the most amount of money that
9:01
you ever made in a single year we did
9:02
Revenue about 250 million in the in the
9:05
good years $250 million what's more
9:08
important product or distribution It's A
9:10
or B and it neither one actually
9:13
products can be okay distribution's just
9:15
a channel but it's all about how you
9:17
implement your plan there's a lot of
9:18
great products and a lot of good plans
9:20
but you got to implement it right how
9:22
did you scale from an 8 to a nine figure
9:23
business there's a guy who wrote a book
9:25
Collins I believe his name is get the
9:26
right people on the bus and it starts
9:28
with the right people and then uh it's
9:30
about the business plan financing it and
9:32
good partners what was your relationship
9:34
with debt as a business owner did you
9:36
have to borrow money from Banks to start
9:37
and grow businesses or how do you yes
9:39
yeah yes but it's very hard because
9:41
unless you have money they don't loan
9:42
you money so trying to get started it's
9:44
the one of the biggest problems we have
9:46
today is Banks don't loan money to small
9:49
businesses so getting started is it's a
9:51
very hard I I actually fund some stuff
9:54
with small businesses today and it's
9:55
it's very very difficult because private
9:58
equity and strategic have rolled up
10:00
every industry and Banks only give money
10:02
to the Insiders and youve sold hundreds
10:04
of millions of dollars in Revenue
10:05
throughout your career what was your
10:06
secret to sales the issue in terms of
10:08
selling is there's some sellers that are
10:10
um we call them hunters and there's some
10:12
sales guys that are farmers do you know
10:14
what those are you ever heard those
10:15
phrases I haven't heard that before so a
10:17
hunter is somebody who goes to look for
10:18
new companies new business a farmer is
10:21
somebody who gets more business out of
10:22
the existing customers so manage your
10:25
business it's a combination of both you
10:27
got it I got to go grab I appreciate you
10:29
how old are you now 62 you look
10:31
incredible for 62 and real quick I'm I'm
10:32
22 whose generation Works harder yours
10:34
than mine well individuals in your
10:36
generation do well but as a whole one of
10:39
the problems we have is good expression
10:41
for you it's in the old days it's always
10:43
I earn today it's I deserve not I earn
10:47
so entitlement it's a big problem you
10:48
see huge problem which isn't necessarily
10:50
the kids problem it's the parents for
10:52
providing it so the whole thing is
10:54
everybody gets a trophy I was a a
10:56
chairman of a regional board of
10:58
education I got V put it into and I sat
11:00
there at the negotiation and I said okay
11:03
teachers what we want to do is we have a
11:06
bunch of middle schools I want to start
11:08
comparing teachers uh uh of English
11:10
class and well we don't do that I said
11:13
well wait a minute do you teach your
11:15
kids that A's are better than B's or
11:17
better than C's yeah but not for us it's
11:20
part of what we're dealing with right
11:21
now yeah thank you take care guys have a
11:23
great day my guy's business did $250
11:26
million in electronics a very Niche
11:28
business but what did he say was the
11:30
biggest thing that took him from 8 to N9
11:31
figures he referred a book and talked
11:33
about getting the right people on the
11:35
bus at the end of the day remember this
11:37
guys people will take you places that
11:38
money can't and if you want to go fast
11:40
go bu yourself but if you want to go
11:41
further go with people together
11:43
phenomenal interview out here in
11:44
Scottdale from a $250 million man let's
11:46
go get this next one man this video has
11:48
been insane come on excuse me sir
11:50
question for you have you ever been
11:51
broke before been broke yeah yeah dude I
11:54
was in the military for 22 years man of
11:56
course I was broke and what did you do
11:58
after the military I started uh buying
12:00
and selling businesses moved overseas
12:02
yeah yeah so I ran aviation in Africa
12:04
Construction in South America wow so you
12:07
in like private Equity Venture Capital
12:08
what are you doing right now like yeah
12:10
yeah some some VC some private Equity
12:12
Investment Banking eight out of 10
12:13
businesses they won't make it past 5
12:15
years what's the most common mistake
12:16
that you see business owners make that
12:17
prevents cash flow cash flow cash flow
12:20
really simple what is the secret to
12:22
managing that cash flow and turn to get
12:23
into real wealth having an 18-month cash
12:25
flow model and then making sure that
12:26
you're staying keeping your head above
12:28
water have Revenue is awesome but you
12:29
got to have cash flow to keep the keep
12:31
the doors open yeah in terms of Revenue
12:32
though across all your companies what
12:34
was the most amount of money that you
12:35
ever made in a single year 11 mil $1
12:37
million and how did you scale from seven
12:39
to eight figures or what was your secret
12:40
to scaling businesses Focus yeah no no
12:43
life
12:43
balance no family no kids no girlfriends
12:47
just business what was the best
12:48
financial advice that you ever received
12:50
don't lose it don't lose it break that
12:52
down how can no make good deals man yeah
12:54
yeah yeah nothing is real until you have
12:56
a contract always have a contract to
12:58
always make sure that you're you're
12:59
keeping your hands above table you do
13:01
everything transparently you don't do
13:02
anything illegal immoral or unethical
13:04
you've been at the table with some Heavy
13:05
Hitters I'm sure what is your best
13:07
negotiation advice for people out there
13:08
don't talk past the sale once you've got
13:10
the sale done don't keep talking keep
13:11
your mouth shut just keep your mouth
13:13
shut yeah but what was your secret to
13:14
sales and generating millions of dollars
13:15
in Revenue over these years I'm not the
13:16
sales guy that's my secret is I know my
13:18
I know my strengths and I know my
13:20
weaknesses so what was your superpower
13:21
then as a business owner motivation yeah
13:23
leadership leadership yeah Tak taking my
13:25
special operations background and being
13:27
able to apply it to apply app to
13:29
business you so you were special office
13:30
in the military yes sir what branch uh
13:32
Army were you a ranger army green bra
13:34
that's incredible sir how important was
13:36
that military background in the business
13:37
invaluable yeah I wouldn't have changed
13:39
it for anything what was the lowest
13:40
point in your career losing friends how
13:42
did you overcome that let's say somebody
13:43
going through a tough time right now in
13:44
life how did you kind of overcome the
13:46
adversity that you face in your life in
13:47
business and the military daily
13:48
gratitude yeah I've got mantras in the
13:50
morning that I go through meditation
13:51
just staying positive man thank you so
13:53
much remember your name Jeff Jeff how
13:56
old are you uh just turned 60 you you're
13:58
not 60 years old
13:59
23rd of July I turned 60 man are are you
14:01
serious what's the secret to look at
14:02
like this at 60 years old that's crazy
14:04
Focus man everything's about focus and
14:06
discipline you're 60 today if you were
14:08
to go back 40 years ago what advice
14:09
would you give to your 20-year-old self
14:10
to to have that same blueprint and Roat
14:12
to success stay in the fight stay in the
14:13
fight stay in the fight man yes sir
14:15
thank you my friend you got amazing
14:16
advice sir have a good day thank you
14:18
hard Kno family that's a wrap on today's
14:20
video Scott still was absolutely amazing
14:22
again but I want you to like And
14:24
subscribe for amazing content we've got
14:26
coming very very soon and as I mentioned
14:28
earlier our private entrepreneur
14:29
Community hit over 1,000 members because
14:32
the people that join can connect with
14:34
learn directly from and get mentored by
14:36
the multi-millionaires and the
14:37
billionaires I interview on this channel
14:39
every single week you do not want to
14:40
miss out on this opportunity to join so
14:42
click the link down in the description
14:43
or click right here and I'll see you on
14:45
the inside but with that being said
14:46
we'll see you in the next video


0:01
Kendra Scott are you a business owner I
0:03
am I'm one of only 20 female Founders in
0:06
the United States that have founded a
0:08
billion dollar brand so you founded a
0:11
billion dollar company a billion dollar
0:12
company with a B yes yeah what was the
0:15
most amount of money that you've ever
0:16
made in a single year in 2019 I sold uh
0:19
76 companies for 1.27 billion the most
0:21
amount of money the company ever made
0:23
was 980 million in profit in profit yeah
0:26
that's incredible it is pretty good how
0:28
can somebody become a multi-millionaire
0:29
in 24 like
0:31
[Music]
0:32
yourself Hard Knock family I'm out in
0:35
Houston Texas right now at the Aspire
0:37
tour which is one of the largest
0:39
business conferences in the entire world
0:41
we're VIP today so we're going to be
0:42
interviewing eight nine and even billion
0:44
dollar entrepreneurs to figure out how
0:46
they created their wealth and their best
0:47
advice to any entrepreneurs trying to
0:49
build multi-million dollar businesses in
0:51
today's world so with that being said
0:53
let's go interview these Moguls and
0:54
let's go see what they have to say
0:56
[Music]
1:07
who am I here with today Kendra Scott
1:09
what industry did you decide to pursue a
1:11
career in so jewelry and accessories
1:13
yeah retail wholesale I'm Omni Channel
1:16
baby Ecom all of it are you a business
1:18
owner I am I'm one of only 20 female
1:20
Founders in the United States that have
1:23
founded a billion doll brand you a
1:26
billion dollar company a billion dollar
1:27
company with a B yeah secret to building
1:30
a billion dollar brand so my first
1:32
collection I did with $500 and then I
1:34
was able to write some orders I had a
1:36
decent amount of margin I was able to
1:37
reinvest in the business nobody would
1:39
invest in me for 10 years I went to
1:41
multiple investors nobody would give me
1:43
a dime even though I was selling to big
1:45
department stores and other people no
1:46
one believed in retail so I had to do it
1:48
on a line of credit credit card debt I
1:50
put everything I owned up for collateral
1:52
I bootstrapped this baby all the way but
1:54
as we started to get success and one of
1:56
my mentors said if you build it they
1:58
will come boy was he right when I
1:59
started having lines around the block
2:01
and people coming in they were like all
2:03
these PE firms and Venture Capital firms
2:06
were ringing my phone and they're like
2:07
how do we get engaged and involved in
2:08
this business keep your head down build
2:10
a profitable business not just a
2:12
business that looks good Topline you got
2:14
to have ebaada baby you got to be making
2:16
money and that is what everybody's
2:18
looking for today 10 years in we were
2:20
able to bring investors and here we are
2:22
continuing to grow so what was the best
2:23
advice that you ever got from a mentor
2:25
look like we always talk about you and
2:27
people feeling like you got to fake it
2:28
till you make it whatever it is I told
2:30
disagree with that but you can't be
2:31
intimidated success is a mindset my
2:33
father always said honey don't be
2:34
intimidated by the men in suits I've
2:36
walked into so many rooms and nobody in
2:38
that room looked like me and I had to
2:40
have that confidence Within Myself to
2:41
know I know what I'm talking about I
2:43
know that I can do this and I'm not
2:44
going to let anybody scare me today have
2:47
that confidence have that ability cuz
2:48
there's always going to be somebody
2:49
that'll want to intimidate you you got
2:51
to walk in there and be like watch out
2:52
here I come so as a billion dooll
2:54
business owner you've been at the table
2:55
with some Heavy Hitters and you've had
2:56
to negotiate and close some massive
2:57
deals I'm sure what is your best negoti
3:00
advice of people that are in those rooms
3:01
with those kind of people that may
3:02
struggle with closing deals in today's
3:04
world you know look I always say I'm a
3:05
sponge I want to hear what these folks
3:07
have to say and I try to really
3:08
understand their perspective but at the
3:10
same time I'm going to come back with
3:11
that and I've already done my research
3:13
I've done my homework and I came in
3:14
prepared don't go to any negotiation or
3:17
any contract negotiation without doing
3:19
your homework know exactly who is going
3:20
to be sitting in that room know their
3:22
backgrounds know other deals that
3:24
they've done talk to other people that
3:25
have done deals with them and you're
3:27
going to bring out things out of your
3:28
hat and they're going to go woa how does
3:30
she know that how did she hear about
3:31
that I always am surprising them and
3:33
that is the art of nego negotiating is
3:35
you've got to be able to surprise your
3:37
opponent with a little bit of a punch
3:38
right when they least suspect it we got
3:40
amazing advice thank you so much for
3:41
your time I really appreciate that thank
3:43
you so much hard KNX family we just
3:45
interviewed business Legend Kendra Scott
3:47
who's one of only 20 female
3:49
entrepreneurs who built a billion dollar
3:51
company from scratch like she said dude
3:53
she started this company with only $500
3:56
and turn it into a multi multi-billion
3:58
Dollar Empire that was an insane
4:00
interview you guys what did she say you
4:01
have to walk into any room any sales
4:03
meeting any negotiation with the
4:04
confidence it doesn't matter who's on
4:06
the other side of there that you prepare
4:07
to win and that you can make incredible
4:08
things happen great interview with
4:09
Kendra Scott you guys let's go see who
4:11
else we can find man come on excuse me
4:13
sir excuse me sir question for you have
4:15
you ever been broke before um I've been
4:18
broke never before yeah what do you do
4:20
for living out here in Houston Texas um
4:22
I'm in private Equity you're in private
4:23
Equity now I go all over the country
4:25
just asking successful people how they
4:26
made it for the younger generation could
4:28
I get just one minute of your time real
4:29
quick uh sure what was the most amount
4:31
of money that you ever made in a single
4:32
year in 2019 I sold uh 76 companies for
4:35
1.27 billion 1.27 billion dollar and do
4:38
you come from a lot of money no no what
4:40
was the number one book that changed
4:41
your life yeah my number one book is
4:43
ego's the Enemy by Ryan holiday so good
4:45
number one takea away from that book
4:46
that everything that you want is on the
4:48
other side of your ego you got to get
4:49
your ego out of the way use people to
4:51
get to where you need to go do you think
4:52
everybody's built for entrepreneur ship
4:54
no absolutely not why not because
4:55
there's a hustle and a grind that's
4:57
absolutely necessary that most people
4:59
are not willing to put the effort into
5:00
at what point is an entrepreneur is it
5:02
time to diversify when you have a system
5:04
in process that's replicatable if you
5:06
focus on the actual system then it
5:07
doesn't matter what you do I run 86
5:09
companies at the same time right so
5:11
everybody that tells you to focus on one
5:12
thing they just don't know how to have a
5:14
processing system to do multiple you
5:16
could run 10 businesses yourself if you
5:17
wanted to so you're running 86 companies
5:19
how is that possible it's possible
5:21
because I have a system in process that
5:22
gives me all data I'm data analyst at
5:24
the top I have people that I Empower and
5:26
then they run the same system across
5:27
every single company no matter what it
5:28
is so it's all about kind of people and
5:30
systems it seems like all about people
5:32
and systems you're in private Equity
5:33
you're in the money business what's the
5:34
best industry people should be looking
5:36
to get into in 2024 right now ai and
5:38
Tech I mean Ai and Tech's everything why
5:40
is that because it has the greatest
5:42
opportunity for scale everyone knows
5:44
they need it they don't quite have it
5:45
yet and it's going to all it's going to
5:47
take over so much of our computational
5:49
processing in our businesses so we're on
5:51
a way to go get our next interview right
5:53
now but I want to take a moment to talk
5:54
to you guys about some of the greatest
5:55
advice I've ever received while running
5:57
this channel one of the best decisions
5:59
you you will ever make with your money
6:00
is learning how to make that money work
6:02
for you but I'll go a step further just
6:03
as it's important to invest back into
6:05
yourself and your business you need to
6:07
invest in your family's future and
6:08
that's why I want to take a moment to
6:09
talk about the sponsor of today's video
6:11
fabric by Gerber Life fabric was made
6:13
for parents to make it easy to plan for
6:15
and manage your family's Financial path
6:17
with the kids investment account from
6:18
fabric you can start investing in your
6:20
child's future starting today while your
6:22
kids can't invest when their minors you
6:23
can set up an investment account through
6:25
Fabric and invest on their behalf so you
6:27
can start making that money work for
6:28
them even when they're young and by the
6:29
time they're older and ready to make
6:31
financial decisions for themselves
6:32
they'll have a nice Nest they're ready
6:33
to go the funds and fabric can be used
6:35
for nearly anything to benefit your
6:37
child from paying for college tuition
6:39
going to summer camp even starting a
6:40
side hustle and by the time they become
6:42
adults they can use that money to buy a
6:44
first-time home a car or even stting
6:45
that next business and one more thing
6:47
guys one of the greatest lessons I've
6:49
learned being in business over the last
6:50
few years is you have to be very careful
6:53
with the people that you trust from
6:54
Brands to people to employees to
6:57
Partnerships to absolutely everything
6:58
and fabric has partnered up with Gerber
7:00
Life who's been trusted by millions of
7:02
families just like yours for over 50
7:04
years so join the thousands of parents
7:06
who trust fabric to help protect their
7:08
families and start investing in your
7:10
child today at meetfabric
7:12
docomo that's meat fabric.com hardnox
7:15
how you doing sir how are you what is
7:17
your name James D who am I here with
7:18
today uh me who am I I'm <PRESIDIO_ANONYMIZED_PERSON> uh
7:21
you may know me from the profit what
7:23
industry did you decide to pursue a
7:24
career in you know I wanted to go in an
7:26
industry that had a lot of white space
7:28
where there was not a lot of competitors
7:29
like I got into the RV business which
7:31
was shocking to my family cuz they were
7:33
like you're not an rver but I got into
7:35
it because I knew that the consolidation
7:37
opportunity was really clear and the
7:38
ability to get into places that were
7:40
unregulated made it really easy so 20
7:43
years ago it was zero and today it's a
7:45
$7 billion business what was the most
7:47
amount of money that you ever made in a
7:48
single year the most amount of money the
7:49
company ever made was 980 million 900
7:52
million profit in profit yeah that's
7:54
incredible it is pretty good but that
7:56
doesn't always happen and I think the
7:57
key to that is understanding that you're
7:59
going to have good times and bad times
8:00
you got to find the middle and be
8:02
comfortable with it Town Point wasn't
8:03
for you to master delegation a lot of
8:04
entrepreneurs they want to be that
8:05
solopreneur where all the hats
8:07
themselves how important was it for you
8:08
building teams and bringing the right
8:09
people in delegation's important but
8:11
what was more important to me was
8:12
surrounding myself with people that were
8:14
smarter than me and that had the
8:16
willingness to say no to me and had the
8:18
willingness to tell me when I was wrong
8:20
and challenge me and I think as people
8:21
build teams I often time see a lot of
8:24
business owners that want to build you
8:25
know hire people that are maybe not as
8:27
smart as them instead hire people that
8:30
are wicked smart that make you look
8:32
stupid because you're going to end up
8:33
being the smartest person in the room
8:34
for hiring them one in four millionaires
8:36
are living paycheck to paycheck from
8:38
your perspective what keeps people broke
8:40
in today's world wanting to be flashier
8:42
than they should thinking that
8:43
perception of what they look like is
8:46
more important than who they are and I
8:48
think often times what kind of car I
8:50
drive and the house that I live in
8:52
what's Warren Buffett Drive do you know
8:54
not a super car a Honda or he drives an
8:56
old beater he lives in the same house
8:58
you want to know why cuz he he realizes
9:00
that's not where the substance is that
9:01
doesn't mean that you can't have nice
9:03
things but there's a balance between
9:05
being substantive and flashy and I think
9:08
too often people are too willing to do
9:09
this but I will tell you that every
9:11
single person is one decision away from
9:13
losing it all but if you don't go up
9:15
here and you stay here if you lose it
9:17
it's not a big deal you're like oh I
9:18
don't care I'll just live in a studio
9:20
apartment again sometimes people put
9:22
material things around them because they
9:24
think it makes them look better or
9:25
stronger more powerful I don't believe
9:27
it and your last message to the younger
9:28
generation have the confidence that you
9:31
are just as smart as everybody else and
9:33
don't let age be a barrier to you
9:36
getting a seat at the table too often
9:38
times big Executives think that if
9:40
you're young you don't know what you're
9:41
doing you don't have enough experience
9:43
prove to them by having the right
9:44
information doing the right research
9:46
outw working them every single day and
9:48
never be entitled to anything tell
9:50
people that you're willing to work for
9:51
it and if other people in the room are
9:53
not willing to work you push them aside
9:55
and you show up first and you leave last
9:57
you got amazing advice sir thank you
9:59
brother guys $980 million in profit we
10:02
just interviewed Marcus lonis who's the
10:04
founder of a company that did over a
10:05
billion dollar in Revenue in a single
10:08
year crazy intervie out here what did he
10:09
say was the secret that going to a
10:10
billion dollar company wasn't just
10:12
delegating but finding people that were
10:13
smarter than him to make the right
10:14
decisions that ultimately led to him
10:16
being able to scale that company out to
10:17
what it turned into great interview out
10:18
here in Houston man come on let's go get
10:20
this next one this video has been insane
10:21
you guys let's go who am I here with
10:22
today Damon John and what industry did
10:24
you decide to pursue a career in fashion
10:26
fashion how long have you been a
10:27
business owner for 40 years what was the
10:29
best financial advice that you ever
10:31
received throughout your career money's
10:32
a great slave but a horrible Master you
10:34
had a quote Pioneers get slaughtered and
10:35
Settler's Prosper you say it again I've
10:37
got that one Pioneers get slaughtered
10:39
and settlers Prosper that's exactly what
10:40
happens you say that and break said
10:42
Pioneers get slaughtered and settlers
10:43
Prosper that's break that down for
10:45
people that may not understand well P
10:46
well a lot of pioneers if you could be
10:48
too early on something right um and uh
10:51
nobody gets it and you keep talking oh I
10:53
want to do what I want to do but nobody
10:54
gets it move on but the ones who are
10:56
like I want to do it let me take my time
10:58
let me settle let me figure it out how
11:01
can somebody become a multi-millionaire
11:02
in 2024 like yourself well what is a
11:04
multimillionaire somebody that creates
11:05
Financial Freedom somebody's aspiring to
11:07
kind of achieve that success whether
11:08
they're sick as and it doesn't
11:10
matter then it's then it's not a
11:11
multimillionaire hard Kno family this
11:13
video has been insane so far but I want
11:14
you to comment down below who's been
11:16
your favorite interview so far and why I
11:17
love connecting with you guys and I want
11:19
to know what you guys think about this
11:20
video with that being said let's go get
11:21
this next interview who am I here with
11:23
today I'm <PRESIDIO_ANONYMIZED_PERSON> uh CEO of
11:25
linked XL and author of the book The
11:27
Winning link how old are you now I'm 57
11:29
and if you were to go back in time and
11:31
have a conversation with your
11:32
20-year-old self when you were starting
11:34
from zero what's the best advice you
11:35
would give to your younger self if a
11:37
bird lands on the branch does the bird
11:39
trust a branch or does it trust its
11:41
wings and the clue I've seen many birds
11:43
land on branches but what I've never
11:45
seen is a branch break and a bird fall
11:47
and die trust your wings wow how long
11:50
have you been a business owner for 5
11:52
years I branched off and started my own
11:53
company called linked XL what was the
11:55
most amount of money that you've ever
11:56
made in a single year well over seven
11:58
figures seven figures you give me a
12:00
range between one and three and3 million
12:02
that's me personally what's the greatest
12:04
lesson that you've learned about
12:05
entrepreneurship that you'd pass on to
12:07
someone about to start their first
12:08
business in 2024 deliberate Clarity you
12:10
can't manage a secret who was the most
12:12
important person that you met throughout
12:13
your career my mom my mom was she a
12:16
business owner or I well of a house but
12:18
she taught me the most valuable lesson
12:20
and she said start with a standard what
12:23
you accept you can't change so if you
12:25
don't set the standard the best coaches
12:27
the best leaders right think of home
12:29
plate in baseball it's 17 in if you play
12:32
Little League Baseball High School
12:33
baseball it's a standard coaching don't
12:36
widen the plate you got to play to the
12:37
standard and then what you accept you
12:40
can't change what you accept in other
12:41
words you got to know your worth you got
12:43
to know it know your value you can't
12:45
give freebies when I tried to give
12:46
people my my Consulting age when I gave
12:48
them my software no one took me up on it
12:50
when I said well you're losing how much
12:52
10 million it's going to cost you this
12:54
and they said that's a lot of money I
12:55
said no that's an investment my value is
12:57
if you pay me this 5,000 I'll make you 5
13:00
million now it's a deal my value is a
13:02
deal now so you got to help people
13:04
understand your value proposition this
13:06
video was amazing you guys but I want
13:08
you to like And subscribe for amazing
13:09
content we've got coming very very soon
13:11
and as I mentioned earlier our official
13:13
entrepreneur Community the school of
13:15
mentors hit over 1,000 members so if you
13:17
want to be a part of an entrepreneur
13:18
Community where you can connect directly
13:20
with like-minded entrepreneurs your age
13:22
older younger to bounce ideas off of and
13:24
grow and scale your business the link is
13:26
down in the description of this video
13:27
you do not want to miss out on this app
13:29
all because the multi-millionaires and
13:30
the billionaires that I interview every
13:32
single week I'm hosting live calls with
13:33
them on this channel so to join once
13:35
again the Link's down in the description
13:37
I can't wait to see you guys inside of
13:39
our community these School of mentors
13:40
but with that being said we'll see you
13:42
in the next video