4.8 • 893 Ratings
🗓️ 17 September 2024
⏱️ 11 minutes
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0:00.0 | Hi my name is Lewis Howes and welcome to the Daily Motivation Show. |
0:17.0 | Today's episode is all about unlocking the power of your mind. Having a growth mindset is one of the most crucial decisions you can make in your life. Mental toughness can allow you to respond |
0:25.5 | instead of react, to be in control instead of out of control and give you the |
0:31.0 | endurance you need to follow your dreams. |
0:34.0 | The big breakthrough that I had for me was when I stopped focusing on and this is going to sound backwards but |
0:43.6 | when I started my gyms I was all about building the business and when I |
0:48.2 | built the biggest companies that I've had and now recently sold and now we have |
0:51.4 | our portfolio it was about how do we make the most money. |
0:55.0 | And I know that sounds completely backwards, but the only way that you can make the most money |
0:59.0 | is to provide an exceptional valued service and charge a ton of money for it. |
1:05.1 | And because I optimized around making money, I started going for low capital expense businesses |
1:11.2 | because I had lost everything after that five years |
1:13.4 | did and so I was like never again am I going to reinvest every dollar from the |
1:17.9 | business back into the business because I've lost it before. People always talk about like reinvesting in their business, but I |
1:24.9 | realized that that just meant that they weren't making profit. And so I wanted to have businesses |
1:29.4 | that pumped cash flow because I had lost it all before. |
1:33.2 | And so I think there's a lot of, |
1:34.3 | like every one of my business seasons, |
1:36.8 | I would say I've had three business seasons. |
1:39.5 | I had my gym ownership period. |
1:41.5 | I had my turnaround and early gym-month day period. I had my turn around and early gym |
1:44.4 | launch day period and then I had prestigious labs, the licensing |
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