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Valuetainment

Episode 229: How To Raise Standards As An Entrepreneur

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 12 December 2018

⏱️ 10 minutes

🧾️ Download transcript

Summary

Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs. --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0

30 seconds.

0:01.0

One time for the underdong.

0:04.0

Ignition sequence star.

0:07.0

Let me see you put them up.

0:09.0

Reach the skies, let the stars up above because it's one time for the underdow one time for the underdow

0:17.0

I'm Patrick Beady host of value Tim and today we're going to talk about what the one

0:20.2

mistake companies make and they don't know they're making this mistake which is lowering standards.

0:25.3

It's very subtle but when it happens major companies like Sears all of a sudden disappear.

0:30.8

This morning I was at my weekly conference call with the executives and the topic came up about

0:34.6

success and how we can take our give to hold the front level.

0:37.6

I was speaking to one of the leaders and I said one of the things we can learn a lot about ourselves is when we succeed.

0:45.7

What do you mean?

0:46.6

Well, when someone succeeds, there's two reactions.

0:50.4

Let me explain to what happens.

0:51.8

One of the reactions is, oh my gosh, I just made 200 grand last month. They go on cruise control.

0:57.0

The other reaction of somebody who succeeds, they say, wait a minute, I just did X, Y, Z, and I I made two hundred thousand dollars what if I do x y z

1:05.8

and a b c ci c i can make a million dollars in a month are you kidding me

1:10.0

boom i'm going after this right after they become full their stomach is full they're winning they're making more money so going to country club special parties

1:17.4

Special limitations nicer house nicer car nicer girl nicer, nicer guy, nicer.

1:23.0

Everything changes.

1:24.3

Upgrade.

1:25.1

Everybody dresses you, personal tailor,

...

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