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The Playbook With David Meltzer

Working Hard, Smart, and Long

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 20 November 2019

⏱️ 7 minutes

🧾️ Download transcript

Summary

Hi everyone, today's episode is from a speech I gave to a class at Chapman University a few months ago. Let me know what your thoughts are by texting me at (949) 298-2905. Key Moments: [1:00] 10 years go by and you are only 25% of the way there and then they quit [2:16] There is the 1% of people that change the world. [3:13] If you keep going you become the "luckiest" guy in the world [4:03] Exponential growth doesn't occur if you attach your happiness to an outcome Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

They either quit at 10 years or they quit when they're 25%.

0:03.1

Sometimes it's sooner, sometimes it's later.

0:05.2

But it's usually the 25% mark that doesn't come overnight

0:09.0

and then they quit.

0:10.6

This is entrepreneurs, the playbook. Work hard, work smart, and work long.

0:16.0

What does work long mean?

0:18.0

Work long is the hardest thing for young people to understand.

0:20.0

It's the most dis-disability thing that you'll ever experience.

0:23.0

I call it the 17 and a half year rule or there's no such thing as an overnight success.

0:30.0

Here's what happens to young people.

0:32.0

Anybody here 20 years old?

0:34.0

Okay, all you 20 year olds.

0:37.0

I mean a lot of 20 year olds and they spend a lot of money to come to Chapman University

0:40.0

or their parents are spending a lot of money

0:42.0

and they decide that they have... at the next

0:45.0

the next next Google, the next SpaceX,

0:48.0

the next SpaceX, the next SpaceX,

0:50.0

the next Tesla,

0:52.0

and they're extremely bright.

0:53.7

They got Zuckerberg in them.

0:55.4

They got Gates in them.

0:56.6

They have jobs in them.

...

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