Ep. 445: The FIVE Steps For Success
The 10 Minute Entrepreneur
Sean Castrina
4.8 • 308 Ratings
🗓️ 24 July 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
Have you ever seen a rich person win the lottery? NOPE. They’d rather earn over time and dictate success. Here are the five steps to success!
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Transcript
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| 0:00.0 | You are listening to the 10-minute entrepreneur podcast with host Sean Castrina. |
| 0:07.0 | On today's podcast, we're going to talk about why you're not succeeding. |
| 0:16.0 | Think about this for a second. Have you ever seen a rich person a millionaire win the lottery? |
| 0:21.0 | Ever. You ever seen the power ball go up and like a super rich guy wins like a football team or something |
| 0:27.0 | comes up there and goes, wow, it's just great to add this to my wealth. No, you never see it. |
| 0:32.0 | Do you ever see a doctor? No. Do you ever see a lawyer? No. Why is that? |
| 0:38.0 | Because successful, accomplished people know the math. |
| 0:44.0 | They would rather earn over time a great living, put money away, investments, build a company, whatever, |
| 0:52.0 | and dictate success as opposed to randomly in a one-in-a-billion winning. |
| 1:00.0 | And I have a lot of family members that play at a lottery. |
| 1:03.0 | Okay, that tells you the type of family I come from. |
| 1:05.0 | And they always ask me, are you going to play? I go, no, no. Why? |
| 1:09.0 | Because I want to dictate my wealth. They would love to wake up one day and be a millionaire. |
| 1:14.0 | And the statistical odds are, you know, they got to play this, you know, be one of, you know, a billion people. |
| 1:20.0 | Where I know, well, guess what? If I put away $300 a month from the time I get out of college |
| 1:25.0 | and I do that for 20 years stop and never do it again, I can be a millionaire. |
| 1:29.0 | I know if I buy two houses and pay them off before I'm 60, I can be a millionaire. |
| 1:35.0 | I know that if I start a business and my EBITDA reaches a certain point, I'm going to be a millionaire |
| 1:41.0 | or the valuation reaches that. I mean, I can give you lots of ways to be a millionaire |
| 1:46.0 | and winning the lottery is none that has never crossed my mind as being the strategy. |
| 1:52.0 | And so why is it? I think there's five critical stepping stones that people don't and are not willing to take. |
| 2:02.0 | And so they would put their hands in the fate of a lottery or in inheritance or something silly. |
... |
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