This Was My Greatest Mistake | #TBT
The Tom Ferry Podcast Experience
Tom Ferry
4.7 • 1.1K Ratings
🗓️ 14 January 2020
⏱️ 10 minutes
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| 0:00.0 | So here's the thing, entrepreneurs, leaders, sales people. We all want to create consistent, |
| 0:15.4 | repeatable and scalable ways to grow our business and our income. And we want to do it better, |
| 0:20.3 | faster, and more seamlessly. Why? |
| 0:22.9 | So we can actually enjoy our lives, take vacations, |
| 0:25.4 | and spend the quality time what we want |
| 0:27.1 | with the people that we love. |
| 0:28.6 | How do we do all this without spending a fortune |
| 0:31.1 | or running ourselves ragged. |
| 0:32.8 | That's the big question, and this show is dedicated to the answer. Okay, what has been your biggest mistake and what did you learn from it? |
| 0:51.0 | Well, R.J. standing in front of you. In what sense? Because I made a lot of mistakes and a lot of different areas. |
| 1:00.0 | Like, give me more specific. So what would be like the greatest like failure or mistake that what gave you like the biggest takeaway that's definitely changed your life? |
| 1:12.0 | I have made so many mistakes. It's even hard to compartmentalize into one. If I had to just take the obvious 2007, 8,9-10 market shift, the sort of global economic crisis. |
| 1:30.0 | In 2005, I was telling everybody save your money cut your expenses right like I was just like you know helping people |
| 1:40.5 | Get position for the new market, |
| 1:42.5 | telling them to start relating to, you know, |
| 1:44.1 | REOs that short sales would be coming, |
| 1:47.4 | and all the while running my own business, |
| 1:49.9 | I did not cut my own expenses, right? |
| 1:52.3 | I did not trim back the fat in my own business, right? So, you know, how often do we find ourselves |
| 1:59.1 | knowing what is right to do, telling all of our friends to do it and you're not doing yourself. |
| 2:05.4 | And I would say that was not only embarrassing, but it was awesome. |
| 2:09.2 | I mean, look at the end of the day we took a haircut, you know, we had the trim back. We certainly survived and ultimately thrives |
... |
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