051: 5 Life Lessons From Building An 8-Figure Business
Jan 29, 2024
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In this podcast, the speaker shares five life lessons learned while building an 8-figure business. They discuss the importance of enduring the process and recognizing one's capabilities. They also emphasize the value of being a high achiever and the significance of effective communication. Additionally, they highlight the concept of the value action gap and the importance of being cautious of external norms.
Enduring the process is crucial for achieving goals, but it doesn't guarantee success.
We are often more capable than we give ourselves credit for.
High achievers set high standards and strive to exceed them.
Deep dives
Life Lesson 1: Enduring the process does not guarantee success
Enduring the process is crucial for achieving goals, but it doesn't guarantee success. Despite hard work and commitment, successful outcomes are not guaranteed. We should embrace the process and find joy in the journey rather than solely focusing on the end result. It is our responsibility to put in the effort and fight for our desired outcomes, even if they are not guaranteed.
Life Lesson 2: You are more capable than you think
Many people underestimate their capabilities and believe they need to rely on others for success. However, we are often more capable than we give ourselves credit for. Building confidence in our abilities and trusting in our intuition is key. We don't need to outsource everything or think that others have all the answers. Realizing our own potential can lead to great achievements.
Life Lesson 3: High achievers don't accept mediocrity
High achievers set high standards and strive to exceed them. Those who accept mediocrity are often resentful of high achievers who challenge the norm. It's important to hold ourselves to high standards and not settle for mediocrity. Following societal norms and rules can lead to lack of originality and authenticity.
Life Lesson 4: The value of highly effective communication
Highly effective communication is a crucial skill in personal and professional relationships. It involves being honest, addressing confrontation, and setting clear expectations. Effective communication helps prevent conflict, minimizes resentment, and ensures that others understand our perspective. It is the key to building trust and achieving successful outcomes.
Life Lesson 5: Caution against following external blueprints and norms
External parties often set blueprints, norms, and standards that may limit our potential. It is important to be cautious and question these standards rather than blindly following them. Building our own unique path and challenging the status quo can lead to greater authenticity and success.
Today, I'm reviewing five life lessons I've learned while building an 8 figure business. Following the process doesn't always guarantee success, and the world won't comply with your needs, but I've learned that I am more capable than I thought, and I believe you are, too. Choose to be a high achiever, say no to mediocrity, and build something you are proud of. Enjoy!