What is an goal to set?
Money is an easy goal to set as a target and to measure. One host, Chris, imagines what a millionaire could have, but he states how a million dollars for an individual is a lot. In business context, it’s nothing because employees alone can cost six figures.
What is one important aspect when it comes to having a job?
David, the other host, states that having freedom is important to him. He refers to it as having financial independence. He states that you don’t need a million dollars for financial independence– maybe a quarter of it in a big city.
How do you know when you’re in good shape with a problem?
If your problems are upgrading, such as productive ones or ones you’re trying to solve, then you’re on the right path to where you want to end up. As you continue solving problems, you’ll have others that will arise once you get past one set of problems.
What are the dynamics of a beginner, intermediate, and experts?
Beginners can’t do anything complicated. If you’re at an intermediate level, you’re trying to do more complex things as your goal. Once you reach an expert level, you’re trying to do the simple things like a beginner would.
How can a podcast benefit the hosts?
Even if no one ever listens to this podcast, he thinks that listening to this podcast in, say, 20 years will be fascinating to look back on to where he was in this moment. Podcasts can provide valuable information to those who are or aren’t as far along as the hosts are in their entrepreneurial journey.
Why can’t you ask people how much something is worth?
Because they don’t know why they would spend a certain amount of money on a product. They purchase sometimes out of compulsive actions. When creating a product, you will quickly notice whether a product is priced too high or low.
What is a Mastermind Group?
It’s a place to where business owners or any group of people get together. It provides a safe place for people to talk and discuss about how to deal with problems. You sometimes need advice from someone in your role to find the solution. People will try to help and provide solutions, not judge one another.