Unveiling the Top Business Lessons of the Year
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 29 December 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
In this episode, Market Mondays hosts Rashad Bilal, Ian Dunlap, and Troy Millings delve into the most impactful business lessons they've learned throughout the year. Rashad emphasizes the importance of having a grand vision and diversifying business verticals to achieve substantial wealth. He stresses the need to move beyond the limitations of traditional pursuits and to seek out new opportunities for expansion.
Rashad also discusses the pitfalls of pride and ego in business, pointing out that they can lead to missed opportunities and unfulfilling outcomes. Using examples from the hip hop industry, he highlights the perils of succumbing to pride and ego, emphasizing the value of learning from others' mistakes to avoid similar pitfalls.
Shifting the focus to investing, Troy shares his key lesson of the year - learning from mistakes. He recounts his experience with investment in Salesforce CRM in 2021, which led to losses but also provided valuable insights into the sector. By leveraging this knowledge, Troy was able to make more informed investment decisions, leading to significant returns this year.
Troy's investment journey serves as a testament to the power of learning from past mistakes and adjusting strategies to achieve better outcomes. His insights shed light on the importance of continuous learning and adaptation in the world of investing, providing a valuable lesson for viewers to apply to their own investment endeavors.
Join EYL as they unpack these invaluable business lessons and provide actionable insights that transcend industry boundaries. Learn how to cultivate a visionary mindset, navigate the complexities of pride and ego, and capitalize on the wisdom gained from past mistakes to drive success in business and investing.
#EYL #BusinessLessons #Investing #SuccessMindset #Entrepreneurship #WealthBuilding #BusinessExpansion #LearningFromMistakes #VisionaryMindset #PrideAndEgo #HipHop #InvestmentStrategies #FinancialGrowth
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Transcript
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| 0:00.0 | My final question for you guys, what is the top business lesson |
| 0:03.2 | that you guys have used or learned this year |
| 0:05.6 | that's had the biggest impact on your business? |
| 0:07.6 | And if you can't share, I totally understand my clip this out. |
| 0:10.3 | For sure. Now, you know. out. |
| 0:13.0 | For sure. |
| 0:14.0 | Now, you know, being able to have enough vision to see bigger than what you currently are. |
| 0:20.0 | And you know, you got to find different verticals how to actually make money and |
| 0:23.8 | expand you never really get you know really rich from what you actually doing like even |
| 0:27.6 | if you look at Jay or Yay or any billionaire from hip-hop they never really got |
| 0:31.7 | billionaires to ask from rapping or music. |
| 0:34.7 | You know, they made billions from, you know, liquor, or they made billions from, you know, clothing or different things |
| 0:40.0 | like that. So, you know, being able to use your influence to actually, you know, spread out and |
| 0:46.4 | invest in different companies and see different opportunities and stuff like that I think is extremely important and you know just |
| 0:55.8 | having enough vision to see that you know it's not the finish line it's only you |
| 1:01.4 | know whatever you thinking is is pretty small in a |
| 1:05.0 | grand scheme of things so you got to have enough vision to understand that you |
| 1:08.4 | know you can't focus on small things only focus on big things so you try to do things to just make a, you know, a couple hundred thousand or a million dollars. |
| 1:16.4 | That's not really no real money in the grand scheme of things. |
| 1:18.6 | So what's real money? |
| 1:19.6 | Let's try to talk. |
| 1:20.6 | I'm 100 million or billion. talk. |
... |
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