Want to Reach Your Goals Faster?

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 13 January 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Once you identify people who sit in a position you want to be in (or can help you get skills/knowledge/desire), reach out and ask for help. To me, mentorship is the accelerator of all accelerators. Having three mentors will help you avoid paying “Dummy Tax” yourself. Don’t be afraid to ask them for help, or input on your plan. Asking for help not only provides you with advice and insight, but it helps you stay accountable and stick to your goals. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is the labor.
0:03.5	Think knowledge from those who have the experience that you're looking for.
0:08.7	Seek knowledge from those people that sit in the situation that you'd like to sit in
0:13.7	yourself.
0:14.7	It's the fastest way to get there is to be humble and ask for help.
0:20.1	The biggest mistake I made in my life is not asking for help.
0:23.4	I owned a golf course worth a ton of money, never asked one person for help.
0:29.3	If I would have picked up the yellow pages for those of you that don't know what that
0:32.5	is, it's a book that you still have phone numbers in it.
0:35.2	But if I picked up a yellow pages and looked at any golf course, when I owned that golf
0:38.4	course and said, hey, I got a golf course that's worth over $100 million, what should I
0:43.1	do to anybody that owned a golf course?
0:46.0	They would have been happy to tell me that I probably should have sold it, not borrow
0:49.8	against it in 2008.
0:52.3	So you could be an MBA, a JD, a business wizard, a multi-millionaire, but if you start
0:59.1	investing in things that you don't know, and I'll tell you this simple way, you wonder
1:04.7	how on paper I had a golf course, a ski mountain, 33 homes in San Diego, how did you lose all
1:10.8	that money more on?
1:11.8	Well, let me tell you, it's a matter of financial literacy.
1:14.6	I didn't ask anyone for help.
1:16.4	I didn't ask anyone in finance for help.
1:18.4	I didn't ask anyone that owned a golf course for help.
	...

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