If You Want to Win, Give One Thing 100 Days — Transcript
Full transcript
- 0:00People underestimate how much effort it
- 0:02takes to stick with one thing rather
- 0:04than jumping to the next shiny
- 0:05opportunity every 6 months.
- 0:08The price of wanting to be good at
- 0:09everything is being good at nothing.
- 0:12And so, this happens at all stages in
- 0:15business. So, being good at everything
- 0:16versus being good at nothing, typically
- 0:18you could think about that as a business
- 0:19owner in terms of the number of
- 0:21services, the number of products that
- 0:22you try to provide, the number of SKUs,
- 0:24because you're like, "Well, they want
- 0:25this. Well, they want this. Well, they
- 0:26want this." The thing is is that if you
- 0:28give customers everything they want,
- 0:29they will create their own demise.
- 0:31Nobody wants a thing that has
- 0:33everything. It doesn't work.
- 0:35Right? This is where simplicity, this is
- 0:37where design, this is where elegance,
- 0:38this is where moving friction. All of
- 0:40these these things matter, but they are
- 0:41strategies. They are decisions, and
- 0:43decisions comes from the Latin which
- 0:44means dicidere, which means to cut off,
- 0:47which means which path do we remove when
- 0:49we make decisions? And when people are
- 0:52afraid of making decisions, they say yes
- 0:53to everything, because they're so afraid
- 0:55of saying no.
- 0:59And so, the effort that it takes to
- 1:02compound is the length of time you have
- 1:05to say no to everything else.
- 1:07It is the paths untaken, the opportunity
- 1:10that you believe in your mind
- 1:11imaginarily that you're missing out on
- 1:14is the price of getting good at any one
- 1:16thing.
- 1:17And most people can't succeed on
- 1:19whatever they're going for if you just
- 1:21give it 6 months.
- 1:22100 days.
- 1:24That's less than 6 months.
- 1:26But if you just did one thing for that
- 1:28period of time, you'd be amazed at what
- 1:29could happen. There is a company that is
- 1:31beating Y Combinator in terms of its
- 1:33returns. It's called HF0. They've like
- 1:35tripled Y Combinator's returns. Let me
- 1:37tell you their operating model. So,
- 1:39first off, of course, they've got a lot
- 1:40of founders that that that apply because
- 1:42they now have a reputation, but I think
- 1:44something they were able to have they
- 1:45promised like the average uh company
- 1:47they had like 70% of their companies get
- 1:49to 2 million in ARR within 12 weeks,
- 1:51which is pretty crazy, right? 70% very
- 1:53high success rate. So, how are they able
- 1:54to do this? This is what they've
- 1:55operationalized. They operationalized
- 1:58putting someone in a hole and not
- 1:59letting anything bother them.
- 2:01So, this is a residence. People fly out,
- 2:03founders fly out, they go in these
- 2:05windowless rooms in the basement, and
- 2:07they take care of literally everything
- 2:09that the founder has, and they remove
- 2:11every distraction.
- 2:13And so, the only thing that they have to
- 2:15confront is the work in front of them.
- 2:17And so, what they have found is that the
- 2:18compounding effect of having full
- 2:20context of big, hard problems in your
- 2:22head, where you don't have to switch
- 2:24contexts uh because you have to take a
- 2:26call or do a meeting or someone says
- 2:28something mean to you online, where you
- 2:30actually can just wade through and swim
- 2:32through these complex problems, the
- 2:34compounding returns that comes from that
- 2:36time of uninterrupted flow, that is
- 2:38where huge amounts of value get created.
- 2:41And it is impossible to do that if every
- 2:436 months you change your mind.
- 2:45If you like this video and you're
- 2:46business owner who wants to break
- 2:47through your current revenue ceiling, I
- 2:48just took every lesson from scaling 10
- 2:50businesses past 10 million and three
- 2:52businesses past 100 million into a
- 2:53completely free scaling roadmap that
- 2:55I've used to go from zero to one, zero
- 2:57to 10, and zero to 100 plus. And so, you
- 2:59can click here and you can check it out.
- 3:00Again, absolutely free, and since you're
- 3:02business owner appreciates you, and uh
- 3:04enjoy.
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