mikecarlooch
Apprentice & Student Of The Game
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Any chance you can give an example of win-wins that don't involve a ton of money?Your question becomes “how do you propose they do it?” (whatever “it” is) And then “how does that compare to what they do now?” And then “Why is it better?” If you can answer those questions honestly and blow their doors off with value, you have something you can build a team around.
You are dead on asking the right kind of questions... AND you are dead on with your answer...
People.
This is why I talk about leadership being paramount. Don’t get me wrong, you need to know what you are talking about and have an idea of a problem that you want to solve and the opportunity in the change, but you’ll never know as much as someone that has spent time living in the industry. Don’t even concern yourself with knowing as much as that person, just find a way to work together. There are always ways to create profitable win-win relationships with others. At that point it becomes a search for key people.
Reading this thread and chatting with you recently has opened my mind up like I've never seen before, and I'm not going to lie currently I don't feel like I'm working on a big enough problem and I'm actively looking for something bigger to jump into.
But there's this limiting belief I have. Every time I think of a big problem, I automatically think of extreme complication and a ton of money being involved that I don't have. I get motivated thinking about it, calling all of these people with these awesome value propositions..
But what really is there to offer these people? Is pitching investors a needed thing? Is trying to bootstrap something a waste of time?
In one of your episodes I also remember you said that you didn't take much risk because you were very methodical about your growth. But isn't getting money from an investor risky and scary if you aren't positive something will work out? Like being in charge of someone else's millions of dollars (hypothetically) seems.. daunting
Why would they give a 19 year old with not much of a track record access to their resources?
I know there is negativity traced in the above but I'm just putting my thoughts out there trying to find answers so I can understand better.
More Questions:
How do you get over the fear of "if I call this person, I'm so BENEATH them that they're just going to be thinking "what? why the hell do you have the audacity to call me? I have everything I need I don't need you..?""
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