Millionaire University

Turning Hard-Earned Lessons Into Leverage for Business Growth - Money Machine Blueprint Part 3 (MU Classic)

Sep 5, 2025
Discover how leveraging time, people, and resources can propel your business to new heights. Learn from real-life examples of both disastrous mistakes and triumphant efforts. Hear insights on building sustainable systems, vetting partnerships, and prioritizing revenue. Embrace the lessons from failures that shaped smarter marketing and adaptation strategies. Gain awareness of the blend between personal finance and business growth, and see how even a modest service business can become a seven-figure success story!
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ANECDOTE

Partner Equity Mistake

  • Justin gave half his company to a partner who contributed little and it ruined momentum.
  • He says they should have used vesting, performance milestones, or a trial period before granting equity.
ADVICE

Require Vesting And Trial Periods

  • Avoid giving equity without tangible contributions and formal agreements like vesting or milestones.
  • Test collaboration with a short trial period before committing to a long-term partnership.
ANECDOTE

Office And Payroll Overbuild

  • After partnering they rented an office, hired staff and recruiters, and spent more than they earned.
  • The recruiters recruited zero people and the operation collapsed under high expenses and low revenue.
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