4.6 • 1.9K Ratings
🗓️ 1 March 2021
⏱️ 59 minutes
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0:00.0 | Everyone, it's Dave before we get into today's episode, I just want to let everybody know that not |
0:05.4 | only do I give my books away for free, but I pay for shipping. I'll sign it, send it to you. |
0:09.8 | Just go to ship me your book.com. Ship me your book.com. Enjoy my book. Thanks so much. |
0:17.3 | Everyone, we've got another edition of our Road to Revenue series. And today's episode is our |
0:22.8 | hour long Q&A session. And we covered the biggest mistake people make when making an investment. |
0:31.4 | You got to know your timing and risk tolerance. Tweet me at David Meltzer. Your favorite takeaway |
0:36.3 | from today's episode. And check the show notes to see how you can contact me at any time. |
0:42.7 | This is Entrepreneurs the Playbuck. Good afternoon, everyone. Welcome to Fridays. Be |
0:48.4 | why OQ bring your own questions. I'll bring the answers. You should ask me anything. We have |
0:54.0 | multi formats coming. We're going to start with Frank. Z's my friend. How are you Frank? Hey, |
1:01.2 | David, what's going on? How are you? I am phenomenal. What do we got going on today? Give me a good |
1:06.6 | question. Yeah, sure. Absolutely. I'm happy to ask, ask, ask the question. I was wondering what |
1:13.2 | the inflation point for you was when you went from seven figures in a business to seven figures |
1:20.1 | in profit? Yeah, you know, it's interesting because there was another epiphany of limitations. |
1:27.2 | That's what I called it. And it's, can I connect the dots backwards? And I really, I had no |
1:33.2 | problem getting to, in my mindset, $100 million, how to get there. And the reason was I had multiple |
1:40.3 | different scenarios in which my capabilities were aligned supplementary or synergistic to |
1:45.9 | the capabilities to do that. But once I started seeing people make a billion dollars, I was lost. |
1:52.4 | And so for me, it was the same inflection point, as you say, from getting from a million |
1:57.5 | gross to a million net is could I actually figure out in my mind, my energy that it was going to |
2:03.9 | be a probability more than just a possibility. And so what I suggest, and I do all the time, |
2:10.0 | myself, is connect the dots backwards to how you're going to get there. Even if it's, you know, |
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