Action Academy | Replace The Job You Hate With A Life You Love You NEED To Know These FIVE Things About Your Life / Business Before Entering 2025
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Dec 16, 2024 Discover the 'Oh Shit List,' a game-changing tool for business resilience that helps you pinpoint and prepare for the five biggest threats to your success. Learn how anticipating challenges like lawsuits and financial pitfalls can streamline your decision-making process. The conversation delves into strategies for quitting your job within 6-18 months by investing in commercial real estate and small businesses. Plus, find out how to turn your passions into profits with actionable insights!
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The Oh Shit List
- Create an "Oh Shit List" of top 5 ways your business could fail.
- Develop a game plan for each scenario to proactively address potential crises.
Creating Your Oh Shit List
- Start by listing potential failure points (lawsuits, evictions, unexpected expenses).
- Develop mitigation strategies (insurance, LLCs, financial reserves).
Action Academy Example
- Brian Luebben used the Oh Shit List for his business, Action Academy.
- This revealed weaknesses, leading to improvements in membership agreements, bank accounts, and insurance.