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The Playbook With David Meltzer

Profitability Comes First

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 6 December 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Hi everyone! Today's episode is from my keynote speech at the National Association of Health Underwriters "Vision Speak" event from earlier this year. Text me your feedback and let me know what you would like to hear next at (949) 298-2905. Key Moments: [3:48] Be more interested than interesting. [9:14] Don't be the richest man in the cemetery. [11:53] Value is how to be of service and accessible. [15:36] Money doesn't buy love but allows you to shop. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I believe profitability came first as a value. I still do today even though my complete

0:06.6

paradigm of value is shifted.

0:08.8

This is entrepreneurs the playbook.

0:10.8

All right well I'm going to talk about value so I might as to talk about my perception of value when I was little.

0:15.8

I grew up with a single mom who's actually here today.

0:18.2

I'm not going to look at her because I'll start to cry.

0:21.0

I got mommy issues but I grew up with a terrific mom and I had one goal in life

0:28.9

one value in life and that was to be rich and unlike most five-year-olds the reason I wanted to be rich wasn't to own a

0:36.2

Ferrari wasn't to have beautiful women around me it was simply to buy my mom a

0:40.8

house in a car.

0:42.5

That was my dream.

0:44.7

So blessed because I was so happy,

0:46.4

even though I was in Akron, Ohio, which some people,

0:49.0

if you're from Ohio, probably think it's impossibility.

0:51.8

But I was very happy growing up with my siblings.

0:55.7

They're extraordinary people.

0:57.4

The only time I wasn't happy is when I would catch my mom

1:00.3

stressed or crying because the car broke down.

1:03.0

Something happened that we couldn't afford to go to camp,

1:05.8

whatever it was, and I registered in my mind,

1:09.5

gosh, if I just could be rich

1:11.9

and buy my mom a house in a car then I'd be happy.

...

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