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The Playbook With David Meltzer

The Fastest Way to Find Success

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 29 April 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

The fastest way to get to where you want to be is find someone who sits in the situation that you want to be in and ask them for help. Tweet me your takeaway from today’s episode @davidmeltzer Email Me! [email protected] Sign up for my Free Weekly Training https://free.dmeltzer.com/friday-training-1 Text Me! (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

The next time the market goes down, I'm going to have what I think is the best economic

0:03.3

genius of our time with the years of experience to tell me, oh, you got $30 million

0:08.2

day? This is what I would do with it.

0:11.5

This is the flavor. People that think they're stupid won't what? It's the biggest tragedy of all

0:16.3

them. They won't ask for help. Anybody asked me why I lost all my money because I didn't ask for

0:20.8

help. I made one bad assumption and just asked for help. All I had to do is ask for help.

0:26.2

I could have accelerated everything that I owned at that time just by asking people that I've

0:31.0

been there before, like I have now, right? I've been through four cycles of the economy at 51. I've

0:35.9

seen the up and the down four times. I know how you can make money on the down and how to make

0:40.7

money on the up. I know how to save. I know how to leverage myself and I'm still asking for help.

0:45.8

And when the next dip happens, I'm going to go to the experts, the experts, including Warren

0:50.9

Buffett and I will find his number. I will find someone that knows him and I will get in front of

0:56.8

him and tell him, you're going to mentor me. I'm going to be concise. Give me your cell phone when

1:02.5

I need help with a quick question. You're going to answer it for me because I'm going to do anything

1:07.6

you want me to do that I'm capable. Does that sound fair? I will because I know he'll say yes.

1:13.2

It's just a matter of me finding the number of where he's going to be or what he's going to do

1:16.8

and get in front of him, which I will do. But now, the next time the market goes down, I'm going to have

1:21.7

what I think is the best economic genius of our time with the years of experience to tell me,

1:26.4

oh, you got $30 million, Dave, this is what I would do with it. Okay, thank you.

1:32.3

Why should I guess? That guy seems to be a lot smarter about this kind of thing than I am.

1:37.6

He kind of studies it every day since he's been like 16. I think he's 86 or 90 now. I think he

1:43.1

knows a lot. But think about how it all manifested itself. What is stupid people do? They don't ask for

...

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