The Biggest Myth About Making Money

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 21 September 2022

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

Make your business a profit-center for others by being able to ask and answer the following question: “Determinant of the credibility you’ve told me we have, the emotional connection, the reasons, impacts, and capabilities; do you see any reason you wouldn’t want to move forward?” If you can ask that question and realistically predict the response, then you have effectively turned your business into a profit-center. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is the flavor.
0:03.4	I wasted so much time, energy and emotion, worrying and thinking about stuff I knew nothing
0:08.6	about, stocks and bonds and real estate, that I was good at attracting wealth.
0:14.9	What if I spent all of that time that I wasted and all that money and resource I wasted,
0:19.9	put it back into making money?
0:21.4	Right.
0:22.4	So I haven't all these properties run the world and thinking about them and I got to check
0:25.9	the dividends.
0:26.9	lawsuit.
0:27.9	That takes all the bandwidth out of your head.
0:28.9	But what I'm good at.
0:29.9	Right.
0:30.9	Which is making money.
0:31.9	So don't get all those things in your life.
0:34.2	Too many things in your life.
0:35.2	I'm a salesman.
0:36.2	Okay.
0:37.2	And I sell now from value.
0:38.2	I sell 120.
0:39.4	I will not sell to you unless I give you $100 and ask for 20 back.
0:43.4	And I don't feel guilty asking for the 20 because the 20 comes through me.
0:46.2	I just challenge myself by being more interested and interesting, understanding math, how to create
	...

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