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The Playbook With David Meltzer

My Top Advice From 2019

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 3 January 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

Today’s episode is a mashup of my top videos from 2019. Don’t forget to check out my New Years episode “Treat Everyday Like New Years”. Let me know if you like the mashup and would like to hear more about different topics. Text me what you want to hear next and any questions you may have at (949) 298-2905. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Happy New Year's everyone. Today's episode is a mash-up of all your favorite clips from 2019.

0:06.0

Don't forget to check out the two episodes listed below on treating every day like New Year's.

0:13.0

But also, please text me what you're going to prioritize for this year

0:18.0

and what minimum amount of time you're going to spend on it.

0:22.0

Text me at 94928-905.

0:26.5

That's 949298-905.

0:30.5

This is Entrepreneurs, the Playbook.

0:32.3

To remember that nine out of ten investments aren't going to work out

0:35.9

So make sure they have enough capital to invest wisely also remember that most investments only should be done with 10% of your money. So pay yourself first,

0:46.2

live within your means so you have more money. But literally, I mean, I still do this today. I have 10 investments, nine of them fail, one successful.

0:56.0

So let's say I invest a million dollars into each of those, but the one that wins makes 20 million, but I lost 9 million on the other.

1:04.4

I'm up 11 million dollars. Everyone thinks I'm a genius.

1:07.0

Nobody talks about the 9 failures.

1:08.6

So it's a numbers game.

1:10.8

So you can get better and better

1:12.9

as you lose more money.

1:14.0

But yeah, you're working.

1:15.8

We need to do things consistently.

1:17.4

Why?

1:18.5

Because what happens is when we do something every day,

1:21.6

we have a cellular memory.

1:24.2

And this includes kindness, it includes being of service,

...

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