Build a Business That Runs WITHOUT You & Gives You FINANCIAL FREEDOM

How to start a SMALL business that doesn't FAIL and makes you financially free

[@ThomasSmith-z5q]

3 things that helped me and literally changed my life 1. I stopped watching porn 2. I read the book called ‘25 Money Secrets From Donald Trump’ 3. Stop drinking

[@KevsGuide]

congrats man

[@ritaruuuuuuuuuuuuuuuuuuuuuuuuu]

This is such a man child thing to say😂😂😂😂

[@alimabeevi480]

The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance

[@klyetruman7285]

Reading a book means nothing when you don't have the opportunity, finances, location, and time to implement that which you've read. I'm so tired of people acting like reading an economics book or business book or any book in general is going to just magically change their lives.

[@TallezMotivation]

@@klyetruman7285 it's a bot don't pay attention

[@positiveAddiction1]

How i wish I had seen this video before starting my business in 2021. My business collapsed badly and I haven't been able to get back on my feet. However, over the years I have learnt a lot and this video summarizes all that i have learnt in 27mins. I will start again and I will do it right this time. Thank you so much for this insightful video and those who truly understand the video will forever be grateful.

[@RiddleRapture2930]

All the very best and congratulations for the success of your business in the future.

[@SummitVS]

What kind of business did you have? Just curious

[@AudiobooksTopSkills]

Keep it up my friend, I believe you will succeed.

[@positiveAddiction1]

@@SummitVS It was a large format printing business. A Chinese company moved next to me doing the same thing but at a much cheaper price with much better equipments and my business dwindled overtime.

[@ars6753]

So did you start your new business? I wonder how is it going?

[@8MinutesExplainer]

Here is what i like about this channel: 1 Gets straight to the point 2 No interruptions 3 Gives you all the information quickly 4 Doesn't drag on

[@XenosFiles]

Good sarcasm

[@movingforwardfco1587]

Amen.

[@loushio9037]

anyone reading comments don't waste your time on this vid - this was just 10 mins of metaphors - TLDR, learn to use other's specialties

[@Bike-em6js]

straight to point uh? ur funny

[@AudiobooksTopSkills]

Your comment is very accurate, thanks for commenting on this channel.

[@jeanalexandre1105]

Long story short. Teamwork make the dream work. Learn to use other people's skills. Specialized knowledge to get the job done.

[@andreiamuhitu159]

That wasn't the message

[@sun-ship]

​@@andreiamuhitu159yea lol. It's about systems.

[@gerryortiz6384]

Literally the complete opposite of what the central message of the video/book. Long story short set up systems so that you DON'T have to solely bank on people's skills, or at least not their "expert" skills.

[@alessandro4337]

You missed the whole point. Did you even listen?

[@ummati4826]

yes creat a system

[@farhanbudiman3911]

Im 22, have a 9-5 job and wanting to start a small business but i dont know how. im looking for "how to" and youtube show me this video, your vid clear my vision. Thank you, your video is great!

[@BradleyRidzon]

My first million is a good podcast you should check out

[@ryhcky]

same age and same spot as you brother ! hope you do great things when you make the jump.

[@halaabuarja6266]

same boat

[@rohan.9956]

Same thing

[@horikatanifuji5038]

I'm almost the same... I started web design business at age 19, it recently failed, and I'm looking to relaunch this year, I will be 22 this month.

[@Chelle87999]

I started my business in 2019, survived 5 years now and make over 400k profit yearly. I started another business this year, it’s not off the ground yet but it’s wings are flapping :)

[@HardstuckFragger]

What business did you start in 2019??

[@Chelle87999]

@@HardstuckFragger I opened a pet grooming salon.

[@BrokenButSeeking]

​@@Chelle87999and can you please say in which country, how did you do market research to know you'll have customers, and did you hire employees straight away? Thank you.

[@Yourmsbella]

Hi Michelle I’m actually looking to open grooming in 2024 and would love some tips! It would be great if you can share your email or Instagram so I’m able to contact you!

[@liv7680]

I also started a service based business but im having trouble scaling up. We got 2 employees currently and I want to ask what did you do to grow your service based business? Did you open more locations or are you charging more? or a combination of both?

[@ALPHA-ROTH]

"this place will fail without me" is the biggest lie any employee can tell themselves.

[@aryamanchanana3951]

tell that to Dennis Nedry from Jurassic park haha

[@jamesmakume2630]

I know companies that failed after my departure.

[@adeljemssi5813]

This might not be true in many cases. One of the start ups I used to work for failed after few months after my departure as pmo and cmo. Not because I was too special or too good to be replaced. Just because they buried me alive with so many responsibilities, not willing to invest in gradual scale of teams and not letting me do my job with a reasonable volume that enabled me to document everything for other people to be able to do my job in case of any future departure or even delegation. And other teams had bigger problems, because unlike me being so stupid and loyal, most left earlier and because of same problems couldn't be replaced, so it was an endless cycle of hiring and leaving because no one could just resume functioning as the previous guy nor accept the stupid load. So it didn't matter after all, I couldn't push it forward anymore, and I was getting crushed in the process, so I finally had to leave. Many people working in tech can say the same.

[@ALPHA-ROTH]

@adeljemssi5813 generally speaking. I can think of a couple of places where this would be true...but vast majority are just telling this to themselves to justify them leaving. It's just ego....most of the time anyway

[@m-2718]

It's often without a good replacment. My eployer got lucky with me. Funnly enough supposedly I was the only canditate too

[@Imagination_Corner]

Business Success is 95% Mentality & 5% Strategy! Always Remember!! Every business has a potential to get success unless you don't have fire!

[@dool1002]

I'm confused about the video though. When starting a business, you are either an entrepreneur solving a need in the market or creating an existing as a business owner. They are not the same. The goal is to create a business system (ie. Online store, retail, stall, etc) that sells a specialized unit (ie. Skilled work, a product, book, license agreements, condo, etc). It's as simple as that. Sell something with a high margin or something that is repeatable like food or rentable units. Managers are employees to ensure the business systems stay operational and in an orderly manner. Directors are top-level managers. They solve complex issues relating to customers and management (ie. Complaint, employee issues, etc). The problem is you need to differentiate the roles of managers, entrepreneurs and business owners. They are all different roles. Entrepreneurs utilize human, financial, and capital resources to create and introduce a product, service, or system that solves a need in the marketplace, and they sell and market typically in a niche industry to fulfill demand. A technician, who has a valuable skill is just a specialized unit to the business.

[@pallavikumari12]

Wow super dope 👏

[@tuah3436]

arigato bro

[@AudiobooksTopSkills]

Thanks for sharing

[@princenwaokike4687]

This is a business School standard lecture. Am. Glad I ran into this

[@shodiyaemmanuel]

This video is one of the best video I'd watched on business so far. Though I've read the book, this video made me understand it more. Still coming back to watch. Thanks for explaining as humanly as possible.😊

[@TheGoat_LionelMessi]

You open the door in my mind towards the truth of business that unfortunately my university degree couldn't. That's why I paid them to teach me and wasted money on learning english, grammer and descriptive writing critical writing and so much more but not what i wanted Thank you so much ❤

[@AudiobooksTopSkills]

Learning is good, learn as much as you can my friend, learn knowledge while you still can.

[@topclanlive5443]

This is top quality stuff. Changed the way I view my business and the way I view myself. Absolutely fantastic.

[@rajaghani8805]

As a small business owner, it's crucial to handle all the tasks yourself in the early stages to master the necessary skills. Without this hands-on experience, how can you ensure that the tasks you eventually delegate are done properly? Additionally, when you're just starting out, you often lack the capital and resources to hire employees, so taking on the work yourself is not just practical-it's essential. What are your thoughts?

[@michaelmaxx3410]

Agree

[@hualian5339]

I think what this says is that... when you're at the start phase you must create or start experimenting with your system for the business for future employees. So when it's time to have employees you already have a system to follow.

[@marymaurine]

You can start by having paying people per task before you formally employ people

[@onetinsoldiersadventure1917]

Yes.. started my "business" job a long time ago. Got to the adolescent phase, but I let my new "manager" crash the business because I needed to fail for the first time in my life. Now I'm not tied to it anymore and back to the drawing board as to how to develop an actual business. Not many entrepreneurship motivational videos show the actual practical methods to own a business.

[@sarfrazallam9171]

😅😅😅

[@the_real_greywolf]

I don't think I've even been so excited to subscribe to a channel. This stuff is gold! 😮

[@kadrei]

The business is the product. That's the best advice I've ever got

[@chriskiller-vw8bs]

OK THESE IS THE FRIST VIDEO I SAW FOR THE CHANNEL AND SO PERFECT I GAVE YOU 30 MIN YOU GAVE ME 5 YEARS OF EXPERIENCE THANK YOU I'M GONNA subscribe

[@AudiobooksTopSkills]

I agree with your opinion, just 30 minutes can solve a lot of problems for others. Thanks for sharing.

[@hualian5339]

I now know where I've been wrong.... the failure came from my mindset... I was just a technician who sees my business as a money earning machine. I have visions but failed to implement it all, I can't even replicate my work to others. I always think that what they do is different from what I do so in the end I'm not satisfied and would just go back to me doing everything coz I can't trust them doing things the way I envision it. I knew and felt that starting a business is more than just having a business amd needs to be thought carefully. People around me where just pressuring me as if it's that easy, and they just probably think like a technician too. Now I understand you don't have to think that your business will just be a small time business, you have to think them as a corporate business from the get go, so you have to think and work like the CEO of bigger companies and not limiting yourself. A solid business plan is the key.

[@Kashushu_IT_Services]

BEST AREAS TO PRIOTISE 1. Knowing the technical work of business, doesn't mean you can run and manage the company providing technical services/product. 2. Everything should be systemized along with how to manual-like user/employee manual in PDF/WORD FORMAT, Video Tutorials, Screenshots, Animations and voice guidelines (this is boring part, but it is absolutely necessary). 3. Any person like Herny/friends/young brothers and sisters needs more directions, needs to know how why they are doing what they do. I REALLY LIKE THIS PRESENTATION, BECAUSE IT REVEALS THE TRUTH ABOUT WHAT IS REALLY TO SMALL BUSINESS AND TO TECHNICIANS WHO STARTS BUSINESS. It doesn't matter, what is reason behind on your startup, doesn't mean you quited your job. But the best thing to consider is to take actions from what is recommended, because it is true and very very scary reality.

[@bryan0359]

I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market I'm grateful to Mrs Liam🙏

[@giselastefan2180]

I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.

[@emilymccord7063]

I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.

[@Leahwilliamson124]

Seeing my broker talked on KZbin, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024

[@carlosalberto54754]

I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.

[@bensonarmstrong7287]

Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.

[@thekellumlewis]

OMG, this book describes me and my struggles exactly. Mind blown. Now to get to work maturing my business. I’m so grateful I haven’t given up yet. Thank you for producing these super videos!

[@LucasBenjamin-hv7sk]

I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

[@fadhshf]

Avert too-good-to-be-true con tricks. Consult a fiduciary counselor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.

[@hasede-lg9hj]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

[@lowcostfresh2266]

@@hasede-lg9hj How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@lowcostfresh2266]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@hasede-lg9hj]

Annette Marie Holt is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@fantasycraft-forge]

Love the video! Finally, someone is saying that running a business isn't for everyone. Honestly, I enjoy the struggle. Working on multiple things at once is ideal, and I prefer doing it without full-time employees if possible.

[@kagezen]

This is by far one of the most eye opening videos about business that i have seen in a long time! Thank you soooo much!

[@brooneil1632]

I'm so motivated to hear your summarization of my 14 years old business, then give a solution.

[@warrenbradford2597]

Systems is what I am familiar with ever since was a kid. I can start my own business no problem by focusing on creating a system first. I am artistic visionary, after all.

[@asherpaul2185]

How

[@warrenbradford2597]

@@asherpaul2185 By focusing on getting the right people in the right positions first. I have to wait until I am ready to hire people to work for me.

[@obimuo8471]

Very true. I am in the middle of the adolescent phase. Very challenging. But determined to move to the next phase. This lesson will speed up things.

[@pawanofficial7819]

One of the best video I have seen so far ❤ I now know what to do with my small business

[@IbnBatoot]

26:06 great summary for the video.

[@lalithanagarajan1055]

Excellent video. From the start to end, I couldn't skip any part. No extra talk. Very concise but lucid . I like the video very much.

[@nadeemkh100]

One of the best videos I've ever watched on KZbin

[@ĐàoNăngÂn]

Live casino games are still my favorite. Played poker and it felt like a real

[@HighonKnowledgePodcast]

Really interesting perspective. The truth about entrepreneurship - despite so many people dreaming of a life of doing whatever they like, whenever they like, however they like - it that it is Hard. Work! Many people simply give up, or are forced to give up before they can start making money, or simply loose their passion. This video doesn't sugarcoat that, but rather gives a straightforward and concise roadmap to avoid this. Excellent work!

[@travelinghippiecare9855]

I’ve watched this video 5 times already today! Everything is settling in! I can’t believe how much I resonate with this! Great job! Amazing job! Thank you!

[@RT-eb6vo]

Awesome. I've just finished my second round and will definitely be coming back again. You are so right, this is one of the best videos on business IMHO.

[@ivanbuckingham2302]

Very good video. I had a business for 17 years and hated it. Why? Because the skill level of the technician was too high so I couldn't find enough staff to stop being a technician myself so instead of just running a business I had to work as a technician as well. Very stressful. My next business will be low skilled so staff are easier to find.

[@platinumphonesandcomputers]

This is my stage now 😢, what type of business was it

[@princessr6051]

Omg, thank u so much , this is the first video that I have watched that I feel like the creator was actually teaching something and wished me well. Most people just put words together that don't teach anything, like motivational speakers. I feel like am both the technician and entrepreneur, this video just gave me the confidence to go on with my entrepreneurial dreams

[@AJ-ht2eh]

I had stopped watching this kind of videos... but this one is actually good

[@dilipchoudhary1652]

Making good pizza and doing business of pizza, both are different things...

[@TechNSaved]

I’ve created my business in 2022 but now currently stuck at $11k annually. Can’t seem to scale and stuck at the 9-5 during normal working hours. This video came right on time. 💯

[@super610]

You did not create this sentence in less than 55 seconds

[@jsihavealotofplaylists]

​@@super610how

[@TechNSaved]

@@super610 what?

[@Jesupemiabere]

You can do well to read the book too It'll change the way you think about building a business

[@platinumphonesandcomputers]

​@@Jesupemiabere which book is that

[@mike-A299]

It has to be stated that an explicit understanding of leadership styles and which to use when is mandatory too. It was implicit in this video, but definitely something to learn.

[@lokuhlethabethe6867]

This information has been very eye opening, thank you.

[@pearlsandmanna]

What an informative video! I‘m so thankful that I found it. Thanks for sharing!

[@rafthebillionaireboy]

This video helps so much as an entrepreneur, and this video explained everything easily, thumbs up 👍🏻👍🏻

[@phyllissong]

This is a practical and actionable roadmap for building a successful business. I'm going to implement the innovation, quantification, and orchestration process to continuously improve my business. Thanks for the detailed steps and the motivation!

[@mattzechman4408]

This video was describing me spot on. I’m so glad I watched it!

[@pecasdavida]

What an amazing video!! loved it!!

[@roozbehkhakpour6462]

Literally the best KZbin channel I've subscribed

[@LiveForeverFitness]

I feel enlightened. Thank you ❤

[@ainsleyfrastructurekpopmashups]

This video is the best that I added it to my watch later playlist so that I can go back to this video everytime and then. I got some insights like entrepreneur is about innovation and solving problems. Finally, this video is helpful for me because it can help me prevent business failures, and belong to top 1% of business owners that run a business that doesn't fail for decades.

[@munduaramariam317]

This video is what I needed, as an entrepreneur starting up a business, Thanks, I think am on the right track ❤❤❤

[@BizBob2]

Nice basic video for start ups, new or as a reminder. Thanks!

[@sendilkumarj]

All your videos are great and thanks for those which are saving lot of time from reading books

[@nazriq-v1q]

Its so true to a point it scares me.. im at technical > manager > entrepreneur > manager and back to technical for 13 years.. and now, im working for someone else.. tsk..

[@Aqualastic]

There is one thing sorely missed here. While manuals and SOP’s are essential for every worker to follow, their suggestions for improvements should form part of the system of a successful business. Excellent video, though.

[@nvz5211]

this is very helpful, thank you so much for sharing this❤

[@dannywaya7347]

Very good video. Thanks for sharing

[@wafaamohammed5059]

I loved the video so much, thanks for sharing information ❤

[@santoshkumarbaliarsingh4564]

great video and great explanations thanks for posting. the best part is 14:04 😂😂 fully tired of managing everything on your own.

[@p_prags2]

Wow !!! Thanks for this knowledgeable video, it was very informative 👍🏻🧐

[@flystraight7994]

Saved this vid. So mature. So rich. Thanks

[@ExecutiveAutomotiveSociety]

I laughed because it’s all true. In fact people used to tell me I was wrong. Now I realize they were all Technicians. 🤣👍🏻. Great video. I got a lot of new stuff and a lot of confirmation I’m doing it right. Really appreciate it. If I may suggest. KZbin is feeding commercials every 2 minutes in this video. The commercial were over 3 minutes long in sets of 2. Could you change the commercials to chapter breaks because I spent more time watching commercials than the actual video.

[@marksummers463]

Another GREAT resource on why businesses fail us a peace titled The Hatchet Man's Playbook - a LOT of eye-popping stuff!

[@chineduawduche6177]

This video came at the right time. I will implement every advice stated here in my business. Please can you modify your suggestions to accommodate hospital business in another video?

[@revolt61275]

Very clear explanation. Thanks for your work.

[@jeffryqo23]

Every time I see your videos start fixing problems im facing in my business 💪🏼 thanks im gonna read the whole book 📚

[@gauravsrivastava1892]

which types business you aredoing dude. please reply

[@TrâmNguyễnZavie]

I've been more into cricket betting lately The live updates during matches are super helpful

[@AudiobooksTopSkills]

A very elaborate video, you must have spent a lot of time on it, I always support your channel.

[@CabsalvesChaves]

❤❤❤❤❤ Thanks! Really, i have no words to describe how usel it was! ❤❤❤❤❤

[@John-leibert]

I am 16 and it's been almost a year since I am running my IT company. So what I want to say is, sometimes it's scary really really scary, I avoid my work, I let my mind says that there's no work but, there is, and it's scary Like talking to clint, cold calling for inquiry, since I am running an IT Company asking of technical knowledge, for what my customer want. Sometimes I feel like I never existed, I wanna disappear

[@storm9492]

This video is awesome. Simplified everything for a beginner . Tnx

[@hildredscali1754]

Is there any small but lucrative business can you combine with a 9-5 job? I love my job so quitting is not an option but I need the extra income so bad.

[@marguritetheodore2194]

you need time to run any business, especially when starting out

[@dr.karidouglas1312]

I was in a similar dilemma two years back. A business may not be the right way to go about getting that extra money except you won't do the running of the business yourself. You should probably consider investing in stocks, ETF's or even Real Estates if you have the money. You don't necessarily need a lot of time for this and it is equally rewarding. You can even use the service of a financial expert and this way, you literally do nothing. I make close to twice my regular income this way and I plan to still own a business but much later when I'm ready to retire. Goodluck

[@planetsaver]

Nice... This makes a lot of sense... How did you start?.. How can I get an expert like you said?...

[@dr.karidouglas1312]

I don't really understand your first question. For the second, you should start by looking out for those from credible firms and good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.

[@Famez-pro]

Story of my life! I love my job but it doesn't cater for my all my needs

[@kushalshrestha4717]

best video i have ever watched

[@tanvirhossain5037]

you explained it very well.thanks

[@phambao6IL]

I like to analyze the cricket stats before placing bets. Makes it more engaging

[@lanaava]

@15:00 @20:50 @22:30 create a system @23:33 Business Development

[@nimaasadinia8267]

Watch this video again i have payed a lot to understand these lessons and still paying and making mistakes in my own company

[@amysocool7]

a game changing video even though i knew about systemizing things already but this is an amazing video

[@anjellalo972]

That IS very imformative, i learned a lot- thanks. I'm going to plan my business and all the employee rolls before I even come uo with the name of it. This way, ill aslo see what i may need to do myself. Im going to read job posting for insight, on what each employee does and what the tasks will be.

[@anjellalo972]

I've been struggling with the idea of doing jobs in my future business, and it's what's been stopping me from wanting to start, because I want to be the dreamer not the workers. Now from watching this I understand that my hesitancy was right! It would never work if I'm the one doing those jobs.

[@Ben-nx7yy]

The assumption is so real. It happened to me when i opened my detailing business

[@mitchellfernando5190]

This is a great presentation in a shortest time. Really love how it was explained.

[@boyinavault]

What do you guys think about the fear of creating systems for your “competitive advantage” and then employees take it somewhere else and use it against you ?? By the way, this is an excellent video ! Subscribed !

[@badr0100]

One of the best videos i have ever seen

[@zabos_]

You never dissapoint in your videos, no bullshit, just usefull infirmations

[@ricobandz7029]

😂I was just thinking about hiring someone from the street great video well explained

[@jeffjolicoeur3182]

This channel binds the info from my other channels as if I discovered a magic adhesive

[@JordanHatch-oc3ql]

Like what

[@dinajthakuri382]

Hey stranger let me tell your first business will not succeed like you think it will obviously fail but the important thing is you will learn a lot about marketing

[@johnmatagi5213]

Seriously, I stumbled on this channel and i have to admit i love your videos. One question though how do you make your videos? There are so cool. Can i get sth like a course on how you do it, i will truly appreciate.

[@afrasiabiamirali5520]

Brilliant presentation. Thanks for your useful content

[@n3d127]

Thanks and This Great!

[@BizBob2]

Good video with a good basic outline. Helpful to starters and good reminders for seasoned business owners.

[@TheCommonFolk]

Great video! Thank you!

[@ardendba]

I just started my business I know what I want in 5 years but it is always refreshing to hear from someone else and I can always learn something else from it Thanks for the video and it is very informative video love it Subbed

[@paborlouise319]

You just gained s subscriber ❤

[@rockskipper5353]

There is no such thing as a failed business, but there is such thing as being past due in the industry

[@osamaAhmed-oi7km]

You know I love the idea being understanding pretty good again thanks 🙏

[@Azyahni]

This is based on the book The E Myth (the myth of the entrepreneur) a short, valuable read

[@PaulsVlogs42101]

I love it, your darkest secret "you don't know what you're doing" 😂😂

[@osamaAhmed-oi7km]

That's really smooth thanks ❤