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The Playbook With David Meltzer

Increasing Your Chances of Success

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Careers, Business, Entrepreneurship

4.91.9K Ratings

🗓️ 1 November 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Hey everyone, this is a short episode on five aspects of your business that can easily increase your success. Don't forget to text me your feedback or let me know what you want to hear next at (949) 298-2905 Key Moments: [0:14] I believe in quantitative value [1:08] Credibility is the most important aspect of your business [2:16] People buy on emotion for logical reasons [6:30] Quantifying the impact of your business.

Transcript

Click on a timestamp to play from that location

0:00.0

If you can't answer that equation in your own business quantitatively with real value, not subjective value, you're not ready to build a business.

0:08.2

This is entrepreneurs, the playbook.

0:10.6

I believe in quantitative value, so everything that I talk about

0:14.4

although I'm probably one of the more spiritual people for me I like quantitative

0:20.3

value why because quantitative value does not exist in everything

0:25.0

subjective value does. And so many people in business, they're stuck on the

0:29.9

subjective value side of things. They look and see great ideas, they think and

0:36.2

perceive things in a certain way, but what really holds true in a business,

0:40.9

how to scale a business, grow a business,

0:42.5

accelerate a business, exponentially grow a business,

0:45.7

is a straight equation of economy.

0:48.6

It's called the profit center equation

0:52.0

where we are providing more value than we're asking for.

0:55.4

I know that sounds simple, but quantitatively there's things that you need to look at in order

1:00.9

to quantitatively have a successful business.

1:04.2

The first and most important is the credibility of your business.

1:09.1

Why do I say that?

1:10.5

The reason I say that is if you are 100% credible, I could, for example on this webinar, if I was 100% credible, tell everyone, please send me $100,000 in your life will get better.

1:24.2

Everyone here, if I was 100% credible,

1:26.5

would ask me for my wiring instructions.

1:29.1

So we want to quantitatively look at that factor.

1:34.0

What is my credibility quantitatively to people?

...

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