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Action Academy | Replace The Job You Hate With A Life You Love

The #1 Reason Entrepreneurs Fail (I Lost $2M Learning This) w/ Austin Zaback

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5683 Ratings

🗓️ 19 June 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Austin Zaback reveals why he's built multiple 8-figure companies by focusing on partnerships over hiring, and why the traditional American dream isn't dead but completely transformed. He breaks down the exact framework for knowing when your business is ready to scale and the partnership red flags that cost him millions. Connect with Austin: Instagram: @austinzaback Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️ Schedule A Free...

Transcript

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0:00.0

The American dream used to be get a good job, get paid good enough to go buy you a house in the yard and have a dog.

0:05.9

Sure.

0:06.2

That American dream is now kind of disappearing.

0:08.4

Renting is actually cheaper than owning as it stands right now.

0:11.6

Less and less people actually want to own a house.

0:13.9

If somebody really wants to buy a home, then they're going to have to increase their skills to make more money.

0:19.3

Or they need to start living below their means they need to start saving money.

0:22.4

They can stop eating out.

0:23.4

They can stop drinking, you know, coffee bean, right?

0:25.4

They'll eventually build a fort to buy home.

0:27.1

First thing that I learned from my mentors was in corporate, you work on your weaknesses

0:31.2

and you're well-rounded, but in entrepreneurship, you...

0:35.4

Some of my business partner divorces have been more complicated than if I were to get divorced in my marriage.

0:40.0

What are you looking for in a partner?

0:41.5

And then what are some discreditors of a partner?

0:43.6

Number one thing I'm looking for is do we align on our personal core values?

0:48.5

Stop thinking you need to be the smartest guy or gal in the world to go buy a company or do this, that and the other thing.

0:53.5

You do not.

0:54.2

You need...

0:56.0

Awesome to say back, over here, the man the mental legend in the Flushing, Scotia, Arizona.

1:01.0

Something like that. I appreciate you having me, man.

1:03.2

Appreciate you having me. I just was on your show, and I've been basically living at your

...

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