

4 Traits of an Entrepreneur | Ep 505
77 snips Feb 28, 2023
Dive into the four essential traits that define successful entrepreneurs. Surrounding yourself with wealthier peers can elevate your mindset. Investing in learning and skill development is key to growth. Delegating tasks allows you to focus on what matters most. Finally, immerse yourself in an environment where you can showcase your abilities. Discover how understanding your deficiencies can lead to greater success!
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Overcoming Ignorance
- The biggest handicap for entrepreneurs from lower socioeconomic backgrounds is not knowing what's possible.
- Overcome this by learning from wealthier people and consuming content from those who have achieved your desired level of success.
Acquiring Skills
- Identify your skill deficits by phrasing them as "I don't know how to [problem]".
- Find experts, pay them well for tutoring, and learn by doing, controlling the process.
Learning Facebook Ads
- Alex Hormozi paid a Facebook ads expert $750/hour for tutoring.
- In eight weeks, he mastered the skill, emphasizing learning by doing and controlling the mouse.