Entrepreneurship Expert: How To Build A $1m Business Without Hard Work!

[@TheDiaryOfACEO]

If you like this episode please can you do me a little favour and hit the like button on the video - helps us a lot! I really appreciate you all x ❤👊🏾

[@WendyPerry-lx1yu]

That piece of paper. That diploma. Those subsequent diplomas. That Honorable Discharge. That certificate. That knowledge I gained from Gill Lopez "Don't praise me, raise me"-Gill was a man who stuttered, however, when he spoke to his organization, people Listened. It's the talents. The skills. The drive. The determination. The attedance. The attentiveness. To the Issue. You should see this dietitian Clean. Shop. Study. Correlate. The Cold Throw..... I am a second generation Cantonese-Chinese American, Irish-English, French and German mix. A granddaughter of laundry and dry cleaners. A daughter of a professional waitress and ultimarely a past restaurant owner. A God Daughterof a Vietnam Marine, who was a policeofficer, then a lawyer, ...eventul government position. Daughter of an Army paratrooper who served in Vietnam. Former USAF Photographer. Role models. So here is one of the initial attraction of why I determine what candle, body wash, soap, various scents, gum, candy, treats I buy. Vanilla and mint in studies from decades ago have been shown to decrease appetite. I am so glued to This Podcast. As always I like the podcasts from this facilitator with a passion.

[@WendyPerry-lx1yu]

Correction. I am the former USAF photographer.

[@ryanthomas4355]

Any chance of getting dr Mike Isratael on the podcast guys really interesting and is the most knowledgeable guy in the health and fitness industry

[@accountingstudent-72]

Done

[@johnowens5342]

Fantastic interview. You certainly provided value to me through this content. Fix the table, less technical than mic. Rubberized coating

[@habibsewava457]

Summary 1. Value preposition: focus on unmet needs that are worth a lot. 2. Marketing: attracting attention of interested people. Build prospects. 3. Sales: Bringing money in. Focus on selling benefits. 4. Management: Is removing barriers to the main work of your business. Hiring: Here is what we are doing, here's y it matters, here's what ure doing, here's why it matters, here's how u do it. Finance: Inflow cash less expenses to get net profit which u get to keep and is it enough!? NB: Test your ideas for feedback.

[@furiousrobinson]

Is this from the book?

[@BahjaeMohamed]

I love your summaries.

[@bossgd100]

Thank you

[@LukeNavato]

pointless summary. We all know that. Also focusing on selling benefits is wrong. Ask any serious salesperson, it's about understanding prospect's challenges. Money follows pain not pleasure.

[@sbowesuk981]

Most of my family are masters degree educated, and the general consensus is that you drop a large chunk of money for a bit of paper that will probably open doors, but the knowledge acquired directly from the masters usually isn't of much use in the real world. In short, such qualifications are essentially buying your way into better employment. It has very little to do with actual ability or knowledge acquisition.

[@stephanied.k.3589]

Then why do you think it is a door opener?

[@refreshingtwist]

​@@stephanied.k.3589because some employers won't even interview you if you don't have a degree. It opens the door

[@christoferrage]

@@stephanied.k.3589cause it shows commitment both financially and time wise and they won’t think you’ll quit in just a year. They want obedience

[@FullCircleTravis]

@@stephanied.k.3589 Like minds. Experiences and knowledge shapes our perception of reality. It's the masters degree club. There is a religious club, a sports guy club, geek clubs, cultural clubs, race clubs, politics and other things that define our identities by shaping reality.

[@stephanied.k.3589]

@@FullCircleTravis So they only want Masterminds even though Jack's are much cheaper and just as effective?😂

[@thankgodimhere]

this is so refreshing to watch. josh is very down to earth, not making huge claims, just presenting his logic and reasoning

[@robertpearce7795]

Just done Scott Galloway and now Josh Kaufman!? - Steven, you're on fire! 😮

[@dersanz]

Indeed

[@Unikadanceevents]

Same!!!

[@oneillbilder]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

[@Martina-Alan]

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

[@DallisonScramosin]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

[@EllenAbrex]

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@DallisonScramosin]

Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@EllenAbrex]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@kentolmstead7558]

I've been a Josh Kaufman fan since before he published The Personal MBA. Seeing him on one of my favorite podcasts is a treat. He inspired me to write my first book - The 10 Second MBA: "Get orders, fill them at a profit, collect the money (in any order), above your true break-even point, without running out of cash." That's every business model in a 10 second framework. Memorize that and then read Josh's book for more details.

[@Willycheng590]

This time last year I considered investing without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. One year and a couple of months in, and I'm almost debt free. I truly cannot stress enough how helpful experts in this field are!

[@Sithembile499]

How has your journey investing been? What assets did you invest in?

[@Willycheng590]

It’s not rocket science. I got into the stock market and started investing in some stocks without fully understanding how it works. Long story short, I lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $10k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 77k in roi, I sit back and just reinvest at intervals while I focus on my career and family.

[@Sammytammy192]

That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

[@Freddyyyy266]

I just turned 47. I hope it's not too late for me to get started. How can I connect with him?

[@Willycheng590]

Hermanw jonas that’s his gmail okay

[@meditationandrelaxation3194]

This is better then any 100K course in the world - period

[@sbowesuk981]

Probably true from a knowledge perspective, but most employers just want to see a qualification certificate. In short, this video almost certainly won't open any doors while the 100k course likely will. If that sounds shallow, that's because it is.

[@teapot6219]

Why do Americans say the word 'period' after a sentence?

[@suz7110]

@@teapot6219because they’re making a statement that is the basic essence of the topic. Period.

[@Shazita1-qe9ix]

I think we already know…. No need for the word period

[@sarfoashong2687]

For the flourish ​@@teapot6219

[@busyworksbeats]

Josh Kaufman is a 🐐!! Best book on business I’ve ever read, so accurate and easy to understand 🔥 thank you for your contribution to my life!

[@peytonbythesea]

DISAGREE with this man. As a woman my MBA was worth it 💯 There is value in an MBA in the education and the community. There are more affordable options that the $240k mentioned. Mine was

[@KimbleyBrown-vg5qw]

Thanks for this information it’s very helpful to me and well explained video.

[@JulieAngelina-vm2ed]

You will miss a lot of good opportunities to make money online if you don’t have money.

[@AnnaCeline-ku9ys]

As a new beginner you surely need a professional broker to guide you throughout this journey.

[@JohnKlaus-rl4pi]

Consistency and determination matters a lot when it comes to online investment and mining.

[@AndreaAldo-zr1dh]

I just got my second withdrawal successfully without any delay like it’s so weird to me.

[@Hgl-sz2re]

I prefer investing my money than to save on banks for no returns but debit monthly from them.

[@aga8056]

I'm addicted to this podcast... shouldn't there have been a new episode yesterday? You provided so much free knowledge through these videos, thanks a lot.

[@claramarie8541]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@robertfurguson2678]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@Daniel_12_3]

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

[@williamsscott3303]

It appears that your investment advisor is highly skilled. Could you please let me know if you are still in contact with this advisor and, if so, how?

[@Daniel_12_3]

Iynne Marie Stella is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@geraldhoward6351]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@shellylofgren]

Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

[@donna_martins]

We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.

[@Walter_hill_]

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

[@Trevor_Morrow_LTD]

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

[@Walter_hill_]

'Vivian Jean Wilhelm' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Trevor_Morrow_LTD]

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

[@ingridlayer9571]

Just asking myself why on earth have I read so many books about this topic particularly because I am not a MBA, but a Neurolanguage Coach and communication skill Coach. This podcast puts everything in a clear, easy understandable way. I am learning so much. Thank you so much for this value jam-packed podcast. Thanks Steven for hosting this amazing guest. Thanks Josh. ❤

[@leasimon2252]

I am listening to this podcast while working on my little embroidery project that I want to grow into a business! I’ve never been this excited in my life 🤩 this video resonated so much and made so much sense. I am confident more than ever ❤❤

[@louiselouise8133]

Good luck!

[@Samsson83]

Thinking 12hr learning is enough to master something instead of 10k is exactly my experience with many MBAs.

[@Redlingstein]

20hrs..not 12, he said

[@menoo-e9y]

mba are scams

[@JohnnyDahabra]

he said learn not master. Big difference.

[@santinodellera]

I think I finally found courage to start my own bussiness thanks to what I learn in this episode! Much love }

[@ProfoundFamiliarity]

I have a business degree from a top university, following which I worked at a big four firm for ten years. I sucked at work though. I was way better at learning than doing.

[@JustMeNow-jMn]

Practice makes a champion. If you are good at learning but then you don't know how to implement it, why keep learning? Keep trying to execute on the things you learned already. Yes, you can expand on your knowledge but you need to use it too!

[@JustMeNow-jMn]

​@@QuentinStygerteacher is like a GOOD manager. It's not enough to know the theory, you need to show your hands on experience to be believable.

[@ProfoundFamiliarity]

@senoral165 you think that if a person practises something enough, they'll become a champion. You also think it's important for people to keep trying to use what they've learned and to prioritise this over continuing to learn.

[@ProfoundFamiliarity]

@user-lj5oj3rk3q like the phrase "those who can't do, teach" 😊

[@curiousmind6472]

How badly did you suck if they kept you for 10 years? 😆

[@WilfredKamau_K]

This month marks for me one year since I started listening to this podcast and I am very grateful to Steven and the entire team for always pulling all this together. In fact this is my first podcast to have listened to. I am actually on the verge of coming up with a start-up and this could not have come at any better time than this. Thank you.

[@friendlyfilmz]

I am in love with this imaginative and thoughtful approach to business. It’s about imagination and empathy. I am a self-made business person and this is EXACTLY the deeper journey that I walked. I will definitely check out Josh’s book. Thanks DOAC for this interview ❤️

[@morganstubie]

Yes, I’m soooo grateful that I obtained my MBA, as my undergraduate was Biology and pre-med. I knew nothing about business upon graduating from college. Now I speak multiple languages, have traversed business areas that I didn’t even know existed, whilst making friends for life and extensive connections and colleagues that I have and use to this day. I don’t think I could have cultivated this type of lifestyle online--and I’ve lived in several countries across the globe and work remotely. I’ve gained loads of life knowledge and confidence with heaps of creativity and critical thinking. My MBA, albeit six figure price abroad, is worth its weight in gold, to catapult me into real world scenarios that keep me in life long learning. 🎉👍

[@saywhatnow57]

I got my MBA at a university that was primarily a medical school. I was working in marketing at the University at the time, and they paid for most of my MBA. But the MBA program was very important to the University because it provided an easy way to educate scientist and doctors about business, because universities and hospitals are businesses.

[@homeschooledaroundtheworld4660]

Education is about networking as well.

[@cookie7241]

What is your job position now ? And congrats on all your success

[@tinsleyLuna]

Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

[@TommyChong677]

It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.

[@Cynthia-mm1cv]

I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@Cynthia-mm1cv]

I have a female advisor named Lucia Alicia Cruz. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.

[@clockworkvanhellsing372]

Resissions are preventable. They are made by the banking industrie. Look into the work of Richard Werner. Unfortunatly, that still doesn't help you overcome one.

[@Zachhatesyoutube]

Vp for a corp 🤮 No amount of money is worth your soul, and you sold yours. Good luck.

[@jshud3]

When you said DJ'ing I about jumped out of my seat, ME TOO!! I just got a DDJ-FLX4 for fathers day... I'm 52 and learning to DJ for the first time in my life, it's so mich fun!!

[@francisjezek]

Josh's Book on Personal MBA is quite good. And I have read the book and have an MBA :)

[@alaasaadeh83]

Thanx. I was wondering if it is recommended by an MBA holders.

[@crisss111sss]

Probably the most value I got from a podcast and I am only half way through it 🎉. I wish this was available 5 years ago.

[@DanielThomasArgueta]

Wow, I read/listened to his book years ago, and I'm surprised this is the first time I'm hearing him on a podcast, at least as far as I can remember. Thank you for bringing him on!

[@arigutman]

Very insightful interview. When I interview investors on my channel, especially the CEOs it is both comical and interesting to me that they all have one thing in common: they don't invest in their "fancy" investment vehicles like their option ETFs, but rather keep it simple and stay focused on investments for the long-term. My advise for all: Play the Infinite game.

[@dutteridge]

I find this channel and your work so beneficial in learning so much about business and education. This has become my new favourite. I gain a hell of a lot from your interviews. As a small business owner and someone with a thirst for knowledge I’ll keep coming back for more.

[@BrainiousPodcast]

My husband and I are working on building our own business and this episode is gonna be so useful, thank you Steven 🙏. In our channel we try to share our knowledge as well!

[@taylorjohnson-j1y]

It's a hardstep to take to build a business from scratch, but once you start the rest comes. Wishing you good luck guys!

[@FarukEczanesi-ps3qx]

I'm seeing you guys under every diary of a CEO comment section. Here, take my subscription and stop this already...

[@BrainiousPodcast]

@@taylorjohnson-j1y Yes especially the hardest part is finding "THE" idea.

[@thewRIGHTSELF]

It's interesting when the host know more than the guest , and he smartly control the information make sure they delivery the point to the viewers. Beautiful interview overall. Thank you both

[@todd.sherley]

Experience is more valuable than piece of paper...any day of the week!

[@franjohnson6140]

​@@AntoineFL facts

[@bobbrown8155]

It’s true that experience is very important and very valuable. However, on the job you are expected to produce (obviously); therefore, you cannot gain experience on a diverse set of topics at will. School is the place to gain exposure to a diverse set of topics (that you cannot on the job). After school you get a job and gain in depth experience on various topics. In my experience, you can gain in depth on the job experience on one topic every four or five years. Whereas at school you get exposure to five topics in one semester. You need both - preparation for the work place at school and on the job training and experience. Naturally, that’s the traditional path for most people. Very few people get ahead at a serious workplace without a diploma. And there are many good jobs you cannot do without a “paper” - law, medicine, dentistry, pharmacy, etc. At work, I can see that people without a diploma have something missing that limits them. Same in the military. In engineering companies technicians are jealous of engineers, and, in the military, NCOs are jealous of officers. There are jobs where diploma means nothing - real estate agents, car salesmen, etc. Go for one of those if you don’t want to get a “paper.”

[@sarahi1008]

But you need it to get your foot in the door!

[@kennethporst1738]

Unless your experience is only 3 months-- then they don't care.

[@nathanboolin]

@@sarahi1008who told you that?

[@BaileyJames-zv2ddd]

I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments.

[@AlexClarkcompany]

Yes, I do currently practice modest living and prudent money management. My investments have increased by 43% over the past 19 months. But I'm nervous because I've lost money in the last month. I can't decide if I should sell everything now or wait.

[@LouisMorganxb3]

It's important to speak with a financial counselor prior to making any decisions on investments.

[@OscarOwenn]

Yes true, I learnt that in 2023, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.

[@AlexClarkcompany]

I'm new to this space and i've been getting suggestions to use one for a while, how can i find a decent one like the one you use?

[@OscarOwenn]

Leah Foster Alderman is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.

[@amarug]

I think getting a degree can be anything from "epic" to "catastrophic waste" and it just depends on the circumstances. If you live somewhere where degrees are expensive and you choose something that brings back little value, it is a waste. But in my case I think it was one of the best things I did: I live in Switzerland, so getting a degree is essentially free (the exams are just really brutal and you have two attempts each and if you fail twice you are locked out and cant ever study that profession again), the tuition is so cheap you can pay it as a small fraction of your part-time job. So I got a BSc and MSc in engineering. Then I did a PhD, which was a 100% paid position, so I was getting an advanced degree while earning between 80 and 90k a year on top during that time, I just had a lot of teaching duties to go with it. All of these degrees came from a Top 10 world-ranked uni, and I can definitely say it opened some great doors later on. But yeah if you take a study loan to get a degree in art history or something in the USA it might not be worth it money-wise...

[@beewest5704]

Unfortunately in my country jobs are so scarce & more contingent on who you know than what you know. It is very possible to educate yourself out of the job market. You get overqualified & nobody wants to hire you cause they do not want to pay or you have a double Masters & your supervisor/boss barely finished high school so they feel threatened by you. Also studying is very expensive.

[@RuinedLiberty]

My favorite part of the video was Benefit/Feature. Never thought of it like that. Thanks

[@Ashleyunfiltered]

I JUST FOUND OUT ABOUT HIS BOOK PERSONABLE MBA Freaking LAST WEEK. BOUGHT IT. Watched SO many old videos of him to then have this DROP TODAY!!! I felt like this was made just for me 😂😂😂😂😂😂

[@joleh6077]

Thank you. We are moving into the age of entrepreneurial world and this interview cannot be more important.

[@tkhayes83]

The Answer to the banging the desk is noise cancellation, you need to create a mic that has software which you can teach it to remove the bang, to teach it you would set it to a setting to learn, and then bang on the desk, it records the frequencies of the noise, then if you bang the desk in multple times, the software should learn enough to be able to remove the bang live, most likely with the help of Ai. Easy, done, thank you and good luck :P... I have thought about this for as long as I have been watching your pod casts, because I can hear it in my headphones occasionally

[@ahquinn]

I am so glad to hear about the importance of lifetime customers

[@corpr8dystopia778]

I have a bachelors in business management and a MBA with a concentration in corporate law from a good school. I am a high rank director for a large corporation and earn more money than people would believe. It’s all about getting your foot in the door, but you’ll need an MBA to make it to my level, everyone on the executive leadership team has one. I tried to advance without it but kept getting picked over by someone that has it. Corporate America is still largely credential/qualification based so not sure what alternatives to college there are for that.

[@begoniatee3920]

An acquintance once said, "you can't teach a person what he doesn't already know, you only bring what he knows to his awareness" I agree, that is true but not always the case. For some reason I listen to this podcast while cooking. We all look to self develop in a lot of ways and we promise ourselves to learn new things on a daily basis, but sometimes with tbe craziness life comes with, it is easier said than done. Thank you for always bringing amazing minds to the show and for giving us a platform to learn. Thank you.

[@louiselouise8133]

Wish I had found this and Scott Galloways podcast 25 years ago, young people listen to these guys and take action

[@MRKDjarod]

Nice to see DOAC have more business leaders on recently with Scott Galloway and Josh here. I’ve said this before, DOAC is at its best with people like this.

[@Lovethyself88]

Thank you for telling your guests not to bang their hands on the table. I watched an episode on Impact Theory and every few words, for emphasis and frustration on the topic, the guest would bang his hands or loudly rest his hands on the table. The amt of bass picked up, especially through car speakers, was enough to turn the episode off. It was so distracting and just annoying. Thanks for being mindful of how much that can impact the flow and listening experience of us viewers 🙏🏼.

[@walterfano]

The day you finally decide to put subtitles in other languages ​​(like TED does), you will get 15 million subscribers

[@jubinroy4987]

Click auto translate select your language

[@walterfano]

@@jubinroy4987 There is no "auto translate" command on my KZbin. Automatic translations suck anyway. It would be helpful to have a professional do the translations and add subtitles in the various languages ​​(like TED Talks do). I don't think Steven can't afford to pay professional translators... Especially since it would get him millions more subscribers.

[@keithwalter286]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[@semsemportsaid]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

[@gray56675]

True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.

[@medypijper5228]

Steven, I have loved this show since forever and have learned so much over the years. My husband is Spanish speaking and I'd love to be sharing this with him and talk about all of these topics. Is there an option for Spanish subtitles in the future? It could open up the podcast to the Spanish speaking world!

[@garythompson1224]

OK. I confess this was great. I don't know much about the host who I think is a Dragon if I recall but who did an exemplary job here. Been a fan of the The Personal MBA since it was first released. I've recommended it to loads of people. Many simply not interested, yet they want to start their own business or make lots of money! Never made sense to me. Anyways, my 12 year old son will tackle The Personal MBA as part of his learning. I believe Josh Kaufman's value add to the world of business is phenomenal. He really is making a positive difference in our world.

[@aafsterlife9647]

I can't believe there hasn't been more compliance with the subscription request. Honestly, makes no sense. This is a channel that produces fantastic content that helps you grow. You WILL come back to watch more. Don't be a tool... SUBSCRIBE!

[@AwakenWealth999]

I especially appreciate his thoughts on understanding consumer psychology and using simple, actionable strategies to create value

[@abunnazeer]

Thank you the team of DOAC for the valuable content you been sharing.

[@louisagilika3060]

Dear Josh, I really like your confidence. Thank you for helping me. This interview is special ❤❤❤❤❤❤❤❤

[@joeyemerace6553]

I think we may be in a period where the value of university education is becoming less relevant. The rise of mollycoddling students through their degrees so they don't quit (and lose the uni money) and the proliferation of AI (which students are using to complete their assignments) could well be producing graduates who indeed just have 'a piece of paper' but no critical skills that said piece of paper is meant to represent. Prior to the aforementioned, students HAD to brute force learn to not FAIL: this trial by fire period of highly pressured self-education does result in individuals that have a greater capacity for learning (and sticking with) difficult things, who then comparatively out do those who do not have that capacity. For me, I now work in software development (NOTHING to do with my degrees), but my degrees gave me the pressurised environment to learn HOW to learn and stick with difficult things. All in all, I believe the point of uni is -- or at least used to be -- to learn how to learn effectively, not to learn for specific careers (unless you're doing something vocational). Of course there are many more variables to success.

[@sdotsamson9]

Who else yelling at the screen going “if your table stationary, don’t mount the mics to the table 🤦🏽‍♂️” haha love the content. Thanks brother

[@lolachikivchuk3355]

Thank you for bringing these podcasts to people! They are gold.

[@macharianjoroge]

Hi Steve, just suspend the Mic from up and solve the banging on the table issue!! No need for a contraption to hold it. 😮😮

[@kimchijjigae87]

no betterhelp sponsorship...you just earned a subscriber

[@TheOneMr]

timestamp?

[@kimchijjigae87]

@@TheOneMr not from this - just realized that they never partnered with them (or maybe just haven't since)

[@byFelice]

really well made video but i do wonder why no one talked about the forbidden ebook Ads That Hypnotize People Into Buying Your Products. Missed opportunity to talk about this gem. But still great vid :)

[@pirateslife4me]

Loved the idea of the first 20 hours basically being your own pre-order of buy-in to the full project 💡

[@realMP87]

Hey Steven, the solution to the microphone problem is pretty simple. Put 1 - 2 layers of Dynamat on the table and the microphone base on top of that. The Dynamat can be cut to size so that it's hidden neatly by the microphone base. That should do the trick.

[@rodolforodriguez2592]

40 minutes a day!?!?!?! I can sit still for that long. Lesgo!

[@LoverboyB_Pookie]

Let’s do it!

[@stuartsmith5146]

Look inward, find your own issues to hurdle over, go out into the world, find other problems, solve them and then make money off of it. Make money from other people’s problems after you’ve decided you’ve fixed your own.

[@elleclarke7872]

Re people banging on the table and it sounding in the mic / recording - Put a cool looking sign on the table that says don’t bang on the table. Gameify it and money jar or something on the table that if they bang the table they have to put money in the “table bang jar” that goes to charity or something. If you amplify any communication and use more than one channel. A sign , then verbally communicate, then Gamify the action, the action / change management is more likely to happen.

[@lyzayu]

"In life, there is really no such thing as a waste of time." i loved that

[@JassieKECG]

If you are having problems with mic being on the desk and getting vibrations. Just get a floor mount and put the mic on the floor. Or you can just get a shock mount, but it won't be as effective as putting your mic on the floor and put a shock mount.

[@TronHutson]

I got a business management degree while raising a family and working full time. In hindsight it was a waste of time and money. I got interviews but not the job. Companies usually highered a younger fresh out of college person

[@chimaubabuike9774]

As someone in the process of getting my MBA, what I would say to everyone stating experience is better... well duh in a perfect world you'd go for experience. But businesses today aren't hiring anyone with no experience, even "Entry-Level" positions state they prefer 1-3yrs experience in a similar role. So if you're stuck in the matrix of not being able to get an opportunity then a higher level degree is a great way to stand out as even having a Bachelors doesn't do much for you anymore.

[@SamJone2024]

But even if you have MBA but no experience, you’re overlified on paper but not much on the real world. It’s the same thing but you spend extra money on MBA.

[@chimaubabuike9774]

@@SamJone2024it doesn’t matter if you’re over or under qualified if you never get hired. I’d rather take my chances to grow into the opportunity rather than not receive one.

[@chimaubabuike9774]

@@SamJone2024 Maybe so but I'd rather take my chances and put myself in a position to potentially grow into an opportunity than not receive one at all

[@scarletlady3727]

Having a n MBA with experience is going to get you MORE opportunities than just having experience…..I am an HR Director and people just don’t and won’t understand this…in a competitive market having a degree is going to be part of your toolbox to compete with others…….without a degree, there is will be entire sections of corporate world that wil never look hire you….

[@josuecastillo9505]

They talked so much about candles that I am looking forward to getting my special candle CEO's signature. I need something that fits my new inner self!

[@tunde2432]

I’ve always known golds law. I’ve always said all complex things are just multiple layers of simplicity 🙌🏾

[@vapouriumnz5431]

The microphone problem solved a long time ago. It is called a spider, go buy one for your microphone asap. Also, get a sound tech to sort your vocal tone out while you are at it:) a little boomy. Great episode

[@monamovassi8224]

Really enjoy the small snippets of different clips of what they’re talking about - like the iPod commercial clip! It’s relatable to the episode and gives you a visual of what they’re talking about! DOAC is my absolute favourite podcast - always growing and evolving!

[@swatmann7541]

Your shock mic is like every good idea I’ve ever had…. Done. A mic arm mounted to something other than the table works for me!

[@BartoszRybacki0]

Isn't Microphone Shock mount a problem already solved? I do not understand the problem. Many microphones comer with shock mounts from the box. Shock mounts are available in stores.

[@aymanz83]

amazing eposide, this should be broken into 4-5 topics and each one tackled in details. Josh Kaufman have a wealth of information and stories to share. Amazing and great work team

[@bobstone4488]

People are so afraid to leave the race and start their own thing! 🤯

[@ThaCmaro]

im SO fckin scared man, its sickening and i dont know why

[@jrive075]

Very true, I’m in “corp america” and leaving the security of the health insurance etc… terrifies me especially with young kids

[@elizabethlanders9805]

I lived with someone who started their own business, plus a family member and their spouse started their own business. You need to commit yourself to working 7 days a week putting in long hours, at least in the beginning. And if the business grows to where you need to hire employees, there is payroll and taxes and insurance. The woman I worked for sold the company to someone else because she was losing money. The new owner did much better because she had more experience. Get very, very educated in every aspect of business ownership before taking the plunge. Go in confident with what you know.

[@Jo-bo1mp]

Very true, it takes tremendous amount of courage to take the first step and even more courage to keep it going.

[@NewInBritain]

I'm a business startup advisor and I totally agree with this, althought this all podcast couldn't have being done in 2 sentences. Business Model Canvas and Value proposition canvas. Creating businesses now is easier than ever, especially with AI. Create, validate, implement and repeat.

[@leslynmoore]

I just bought this book, I cant wait to dive in, so interesting!!!

[@laurita2225]

I dropped out of my MBA program 2 classes in. Because it was not helping me in any way. Instead I went back to do research and found a better return on investment was doing a coding bootcamp. So I paid 10k to learn software engineering in 3 months. Fast forward I’m 4 years out of the program and already paid it back in full. I make 110k base salary plus 15k annual bonus. Work remote so I spend a ton of time with my family. Next move is to buy a bunch of “boring” businesses like storage units and such as form of passive income. Looking to retire my corporate career by 45. I’m 32 now.

[@suz7110]

The next company will be harder to interview for so that is a good plan.

[@laurita2225]

@@suz7110 definitely! I also don’t want to work corporate forever. It was just my stepping stone. I forgot to mention I grew up poor so I don’t have generational wealth to fall back on so I have to create it. Only way to do that is through business ownership.

[@mana_station]

Thats awesome!! Which bootcamp?

[@laurita2225]

@@mana_station I attended coding temple They have several programs. Remote and either with an instructor or self paced (I advise against self-paced) And now I’m an alumni career coach as my side job! Happy to chat if you’re interested. My husband completed the program this past November and now he’s a finance analyst! Got a job 3 months out of bootcamp.

[@estridib]

which bootcamp do you use?

[@smiljanickris]

I really love the way he is explaining what entrepreneurship is.

[@thanatosor]

Piece of paper - is just a convenient way to pass on information. Experience & witness of it - should be faster/fastest way to learn. In another word, I prefer to say : Play is best way to learn.

[@anwerrahman5799]

A really valuable conversation, for a person who despises the so called "mba" i would actually read the book.

[@Anime_edit-AMV]

truly this guy here is changing orders how immensely value is provided to the world thank you very much for every podcast have a great day to everyone :)

[@rchin75]

I did get an MBA, and if I would go back in time and had to make this choice again, I would still do it 100%. But I also worked for a self-made business man, who certainly did not need an MBA and who was an amazing on the job teacher for me. By the way, I have his book, and I bought it while I was doing my MBA study because I was curious. It is a nice read, however, it is nowhere near to how I experienced my MBA study. It wasn't just about learning about the topics as described in the book. It was much more about the very diverse group of people I had to spend 2 years of my life with, some of whom became friends for life. No book can replace that. That said, I understand that there is a big difference between business schools and their lecture programs.

[@crazydrifter13]

31:02 mount the mics on a foam + rubber pad on the floor and let the guests bang the table 😊

[@mbnesbitt]

Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth

[@hamzahamza-bz3rf]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@ufuksenol2005]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@PineHosting]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@faysdt414]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@alasdekarton]

I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.

[@lucindajholman]

Thinking about the mic and table issue, you could have a hole in the table for the mic stand, so when guests hit the table, it doesn't impact on the mic 😉

[@BrunoPereira-lf9ne]

@@lucindajholman The problem with the mic should be fixed by using a microphone shock mount. The product already exists.

[@user-WhizkidsOfAsia]

Definitely agree! 📚 🔥 Practice beats theory! Actions over textbooks!

[@onaopepoadeniyi5309]

What is contained in textbooks? Case studies, ideas, concepts, experience, commentaries. The day you document your experience with relevant commentaries, you have made a textbook. People don't just understand how tacit knowledge and explicit knowledge interact. Get the two and be exceptional.

[@reaver9]

If someone says they want to have a business but consider an MBA they are not entrepreneurs. MBA, as name implies, is for business administrators aka beracrauts who by definition work for established companies. It teaches thinking business by application of best practices, implementing improvements and optimization - new businesses' utmost priority is to get traction, there is not much to govern or optimize.

[@CreativeLea]

29:21 Information thus far is GOLD!!

[@crystallize369]

Please consider getting Billy Carson on the show. Think he would be great he was just on Joe Rogan's platform not to long ago. Billy built himself from the bottom up and is a millionaire today. Hope you would someday have him on this platform!!!🙏🏾

[@spaceinfinity3955]

u should try to minimize using exaggerated clickbaiting thumbnails. yes u made your point. the quality, your channel and interviews are one of the best on youtube.. but theres something about the exagerated thumbnails that makes them looks cheap and make other viewers feel clickbaited or deceived.

[@bonkersdrifttrikes8799]

Ideas are easy for most, the drive to do it is relatively easy for most. The expense of multiple prototypes and marketing is the biggest problem for most

[@yohannesJas]

Im not looking to be a millionaire with out hard work, because that sounds like taking something that i don't deserve, but sure if there are things I can do to get fhere faster or make the work simpler, Im ready to listen. This is why I'm watching this videi. I gotta say, I never expected this type of click-bate thumbnails from such a big channel tho, specially this one.

[@tarziesgirl]

Pad the table, mount the mic from the ceiling or use a floor stand.

[@viviannwankwo32]

Thank you Steven!!!!!!!! Josh is excellent and I can’t wait to read his book. Steven hats off for the keeping him going and in tune of what a new comer in business need to focus on. Anyone starting a new candle business soon?😀

[@JayJayJackson]

I remember powdered laundry detergent and it did not always dissolve. It wasn’t a psychological problem having to rewash clothes that had detergent stuck on them.

[@LAMMROD_]

You could maybe get a mic stand that clamps to the table with thick rubber. Or get a stand that anchors to the floor not the table.

[@ryanwilliams989]

The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or real estate to achieve this goal?

[@TheresaAnderson-kf5xw]

Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.

[@hunter-bourke21]

Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.Read more

[@maggysterling33254]

@@hunter-bourke21Impressive can you share more info?

[@hunter-bourke21]

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, *Izella Annette Anderson* turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

[@BiancaSherly-qt6sb]

I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

[@ioana.p]

It's a smart thing to start phrases in the intro that show interesting bits of the interview and cut before the interesting revelations. However, overdoing things is never a good idea. There are too many phrases starting and cutting right before revealing, so much so that it becomes annoying. Less is more. Cut some, reveal some, find a better mix.

[@marybentdahl1]

Loved this episode. Downloaded the book, thank you!! I’d love to see Mike Michalowicz on this show. His life mission is to eradicate entrepreneurial poverty. I’m a huge fan of his work and his books have taught me a lot about business.