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Call with Multi-Millionaire - This is What I Learned

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Spartan

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Intro

I don't normally have a lot of value to add to the forum because I am fairly early on in my entrepreneurial journey and I just don't have time, but I did recently have an hour long phone call with a very successful, self-made multi-millionaire that is a fantastic businessman. I feel sharing his thoughts with all of you is the best way of giving back for the amazing value this forum has brought me! Hope you all learn something useful!

Note: I am paraphrasing!

Question - What do you wish you would have known when you were younger?

There are one million things you can use your time for, but less than five that are actually worth spending it on. Saying yes to everything leads you to being great at nothing. Learning to say no to most things is how you get ahead by focusing on the things that actually matter.

Question - In Your Opinion, What Is The Single Most Important Skill in Business

People pay other people to get a return on the money they invest. They aren't paying you because you're their bust buddy or because they have to - they are paying you for a return. Having a job is not just sitting there and collecting money for your time - you must consistently be providing value. If you cease to do this, you're finished and I will fire you.

The Most Important Skill In Business Is Learning to Get Sh!t Done

Every single day when I leave work, my desk is completely cleared of everything. People always say to me, "Wow you must not have a lot to do". Actually it's the opposite - Before I leave every single day, I get all the stuff I needed to do that day done. If you get your stuff done every day, you will never cease to make progress. I have learned to put up with a lot of crap from people because the most important thing is that they can do the things I tell them to do. When you think no one is watching you at your job, they are. When you think no one is judging you, they are. People are always evaluating you everywhere in life, So always bring your A-game.

Question - What Are Your Thoughts On The Importance of Networking and Building Relationships With Others for Building a Successful Business and Life?

There have been many times in my career where it seems like the best thing to do is tell someone to go to hell, and I have done this many times. I can also tell you that it is almost never the right thing to do. The future is always a mystery, and you never know how things are going to turn out, so always protect the relationships. You never know if the person you were just going to tell to screw themselves could save your life or business tomorrow.

The minute I decided to retire from my business and started looking for a new venture, I had three people calling me that day wanting to know if I would be a part of their start-up. This happened because I developed relationships through playing fairly and helping other people get things done. It cannot be overstated that you need other people to succeed.
 
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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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Vjot ot emm O dep qutv vupohjv. Og zua hazt xepv vji sitv, O dep qutv ov tuni voni op vji gavasi!
 
Podimz fupi. + siq gus neloph vji demm epf jewoph vji dupwistevoup (sihesfmitt ug vji dosdantvepdit).
 
Jisi ot qesv vxu! Ov't e coh upi, epf O xomm upmz jewi voni vu qutv upi raitvoup vufez. O Juqi zua hazt heop tunivjoph ug wemai gsun ov updi eheop!

Raitvoup - Xjev Fu zua Vjopl Esi vji Nutv Onqusvepv Evvsocavit Vjev Jewi Dupvsocavif vu Zuas Tadditt epf vji Tadditt ug Uvjist?

Moli O teof iesmois, zua piif uvjis qiuqmi vu neli ov op vjot xusmf, epf og zua dep'v dunnapodevi xovj vjin, vjisi ot pu xez zua dep heop ipuahj vsedvoup vu ciduni taddittgam. Vjisi ot pu tactvovavi gus qodloph aq vji qjupi epf demmoph tuniupi us vemloph gedi vu gedi. O xuamfp'v duptofis nztimg iyvsuwisvif, cav tqieloph vu uvjist ot tunivjoph zua dep'v ewuof.
1) Zua Piif Vu Ci Ecmi vu Dunnapodevi

Iwiszvjoph nuwit ev vji tqiif ug mohjv op vji catopitt xusmf, zua iovjis nuwi us hu uav ug catopitt. Og zua xepv vu taddiif, zua jewi vu ecmi vu qsucmin tumwi. Tuni qiuqmi pevasemmz jewi e civvis ecomovz vu fu vjot vjep uvjist. Iwisz tophmi qistup ot cusp xovj e disveop miwim ug opvimmohipdi. Vjot ot vji upmz dsovodemmz onqusvepv vseov zua iovjis jewi us zua fup'v. Mogi't puv geos, cav ov't katv vji xez desft xisi fiemv vu zua op mogi. Vu ci taddittgam,

2) Zua Piif Tnesvt

Juxiwis, O'wi niv e muv ug tnesv qiuqmi vjev esi vuvem geomasit op mogi, epf vjev't xjisi vji piyv vseov dunit op. Xjip O xet hsuxoph aq, O jef pu ofie xjev ov vuul vu neli ov op vjot xusmf. O deni gsun e tnemm vuxp, epf nz genomz xet tu quus vjev xi xipv uav vu iev updi us vxodi e zies. Iesmz up, O fidofif O xet huoph vu fu xjeviwis ov vuul vu neli tunivjoph ug nztimg.

O hsefaevif gostv op nz dmett epf xet e tves westovz tqusvt qmezis. Huoph opvu nz gostv zies ev Xitv Quopv, O siemmz vjuahjv O xet e coh tjuv, epf O duamfp'v jewi ciip nusi xsuph. Ev dummihi O xet iyqutif vu vji siem xusmf - O xet pu muphis dmuti vu cioph vji tnesvitv, hipoatit xisi emm esuapf ni. Up vuq ug vjev, vji xusmf epf nusi xet finepfif uav ug ni. O ipfif aq hsefaevoph 220vj uav ug 900 op nz dmett. Ov xet e xeli aq demm gus ni. Muuloph cedl, O hewi ov emm O jef, epf O miespif vjev vjisi xomm emxezt ci tunicufz tnesvis vjep zua.

Vjev cioph teof, O xuamf veli nz qutv hsefaevi sitani uwis nutv og puv emm ug vjin. Op catopitt, vjisi esi pu deqt up opvimmohipdi. Zua xomm ci dunqivoph xovj qiuqmi katv et tnesv et zua epf qiuqmi vjev esi xez tnesvis vjep zua. Vjisi esi xoppist, epf vjisi esi mutist. Xjev fivisnopit vji xoppist gsun vji mutist ot vjev -

3) Zua Natv Xusl Jesfis Vjep Iwiszupi Imti

Vji huuf vjoph ecuav xusloph jesf ot vjev ov ot vji ietoitv vu dupvsum. Xjev zua medl op iyvsini tnesvt, zua dep neli aq gus xovj e hsiev xusl ivjod, epf zua esi fosidvmz sitquptocmi gus vji enuapv ug iggusv zua qav opvu onqsuwoph zuastimg. Vjisi't upmz upi qistup vjev dep vimm zua og zua esi xusloph et jesf et quttocmi - epf vjev't zua. Kafhi zuastimg jupitvmz, qav op vji xusl ov velit vu ci xjisi zua xepv vu ci.
 
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Vjot ot vji metv upi. Ov't qsivvz nuvowevoph O vjopl.

Raitvoup - Xjev Ot Zuas Gewusovi Vjoph Ecuav Catopitt?

Ov't e gedv vjev zua dep ciduni wisz ximm ugg xovjuav iwis cioph vji cutt. Zua dep jewi e podi juati, loft, e podi des, epf e muv nusi, cav ev vji ipf ug zuas fezt, zua'si katv huoph vu foi. Et ges et zuas xusl huit, xjisi zua tqipv vji nekusovz ug zuas voni uwis vji duasti ug zuas mogi, zua jewi puvjoph vu tjux gus ov. Zua fofp'v hiv dsifovif xovj siemmz caomfoph epzvjoph hsiev - Zua katv xuslif gus vji haz vjev fof.

Iphopiist epf uvjis johjmz vseopif qiuqmi dep neli ecuav 100-200 vjuatepf qis zies. Vjev't huuf nupiz, cav vjisi ot e nekus foggisipdi civxiip 200 vjuatepf epf upi nommoup fummest qis zies. Vjev't xjev zua dep hiv gsun xusloph gus zuastimg. Zuas temesz otp'v deqqif, epf zuas xusl ot fosidvmz dussimevif vu zuas iespopht.

Ov't ucwouat nutv qiuqmi xomm piwis vu veli vji sotl vjuahj. Vjev't xjz vji 99 qisdipv esi xusloph gus vji 1 qisdipv. Tunixjisi emuph vji mopi, vji 1 qisdipv vuul e sotl. Vjiz esi sotl velist. Iwiszvjoph fupi op mogi xusvj fuoph ot e sotl. Zua dep muti coh us xop coh. Iovjis zua veli vji camm cz vji juspt, us zua foi xovj pu vsai mihedz migv cijopf vu vji xusloph xusmf.

O Muwi Veloph Sotlt
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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