The Lazy Millionaire: I Own 40 Companies, But Don't Run Any Of Them

[@MTulak]

There was a small comment war of people complaining about the Hubspot ad being annoying, repetitive, etc, and others defending that it's free content. How did MFM respond? With multiple ads that bring a ton of value to the viewer and don't feel like ads. Big boy move

[@williemckenzie]

This resonates with me so hard. I’ve been fantasizing about handing over the keys for almost 2 years.

[@bstancel12]

This is awesome. Thank you for this content - it is timely for some us. When you've been doing it for 7+ years and you don't want to sell, but need a change. Spot on.

[@DidierPeroni]

This podcast is the best money I never spent. What an insightful pod. Thank you Andrew and MFM

[@ambana86]

Where did you spend the money when it's free content on KZbin?

[@ingvildrosa4892]

@@ambana86 DidierPeroni wrote: "Best money I NEVER spent". so he hasn't spent any money.

[@ambana86]

@@ingvildrosa4892 ok 👍 understood

[@tigheburke4683]

Love this guys! Thanks for the shoutouts. I'd also add that you can fairly quickly ID if your CEO candidate is serious by having the compensation conversation earlier than later. If they insist they'd need a higher base salary or guaranteed cash, what does that say about their confidence to grow the business? If on the other hand, once they've learned a bit about the opportunity and are willing to have a bigger % of their comp tied to company performance, you know you've got a warrior on your hands who wants the hammer, wants to be hands on. And that confidence is so attractive too.

[@janedeuber1596]

You guys always give the best info at just the right time. I am looking for a CEO for my SaaS. So helpful!😮

[@idabrinck-lund9744]

GOOD subject - I sometimes I choose not to build a certain company due to the CEO role. I love how Andrew always changes the rules and we are moving past that exit is always the goal but instead - where is the flowstate I want to be in

[@ErickaWilliamsCC]

This is perfect content for me today. Great stuff you guys

[@enfiestado]

Great episode!!! I was wondering many of these things from other pods Wilkinson has done w u guys

[@zacksmith6826]

I like how proud Sam was when he said "A Relay Race!" 😂

[@504_HotBoy]

The worst is the person that hires a ceo and micromanages them removing the freedom to operate.

[@Rickyyis]

You guys made me start listening podcast. And still is the only podcast a I listen religiously. Thank you for this very insightful podcast.

[@foundation33]

I like this podcast episode a lot. It is so much value and also i found it entertaining. Even though Im not in a position to hire a CEO rn I might find this info useful in the future and it increases my overall business knowledge

[@480brad]

Such a great episode! I love the door three option!

[@easypeasyrun]

Another awesome episode!! Great point about referral checks, which I think will always work :)

[@ronfortin3796]

Super relevant to where I’m at in my stage of business. Thanks for this valuable video!

[@Stierenkloot]

Reading his book now. I think I found my new role model

[@matthollingsworth3598]

Appreciate the shoutout of Align, Andrew!

[@amonifinau4048]

Thank you!

[@chasehassen5650]

This is gold!!!!!

[@yashkhelkar]

Bro I am watching this with no business of watching this.... I just want to learn.

[@LukeDupin]

I'll swing back to listen to this one in a few years. I'm not "here" right now.

[@ST5S5]

Great perspective

[@leadgenjay]

important video

[@oldAyushShuklaYouTube]

KZbin algo give me more quality content like this

[@barumbaplay]

This was a great epsiode

[@RhedgeBallesteros]

Been waiting for that swipe file for writing 👀👀👀

[@cnaccio]

This content is so 🔥

[@Rickyyis]

Yes, it is possible to steer an elephant while riding it. The rider can effectively direct the elephant where to go.

[@RyanKonicek]

The key question that I have is for the bonus or comp plan on down EBITDA years. For example, you do $1m ebitda 2023. Market conditions slow down due to high interest rate environment and reduction of CAPX spend. Market conditions have slowed but now you have a CEO who is going to potentially approach you with "I'm not making enough." If it's truly market conditions for slow down how would Andrew Wilkinson approach this issue?

[@Fadogar911]

45:12 this, at least in Europe is against the privacy laws and in theory illegal. Somebody who doesn't have permission from you to give information about you, can't legally be used as a reference or for investigating the person. just FYI, i'm sure it's being done a lot, even here.

[@oscarramirez79936]

amazing honestly so much free game boy !!!

[@InventaChris]

So many gems!!💎💎

[@ianhecht4026]

This episode is gold 👏

[@ThisIsNotWhatItLooksLik]

44:11 reference checking

[@midnightsxtc]

This was really great

[@yvesilboudo7009]

Yeah this is a problem we all have

[@thehugofernandez]

Love this

[@nyustdent]

Great episode. Interesting stuff

[@muellerjohann]

Thank you very much for this info, it's invaluable!

[@tafsir5191]

from 17:42

[@jay00705]

🔥

[@TylerVanzo]

Even for MFM audience this is extremely niche.

[@faisalislam9840]

True that man. Although, I bet there will be some golden nuggets in here

[@TylerVanzo]

@@faisalislam9840 always are

[@christianhirwa8241]

Still great

[@manuelmao4700]

you know this is flattery for them? No niche is too small if it's yours.

[@brian_akhtar]

they had a previous episode where they talk about trying to “level up” rather than “level down” (ex: level down would be Hormozi trying to make new content that is directed at ALL people with a video like “how to find your purpose”)

[@moheuddin_sehab]

I love this episode

[@tomascardenasg]

Shaan is hiring for his ecom biz

[@rathgrams]

I plug this pod to so many people I should be getting a cut 😂

[@andreisaioc]

Door three would be to sell and found other companies.

[@chrispedersen2526]

What if the health scare is fake, and Iron Mike is just buying a little more time to get into shape? I know he's really old, but I hope he pulls a George Foreman and knocks out Jake Paul and give his career the proper finish it deserves.

[@grahamkennedy7221]

Did? / does? He use EOS?

[@nuthinking39]

Won't stock options and bonus be very similar in case of company success or not? Why are stock options less incentivising? Surely some owners don't like to give a way anything, even if paid at a discounted valuation.

[@shamrock7599]

Probably because with stock, you would need to actually sell shares to realize the gain, but with a bonus, you just get straight up cash immediately.

[@christianpace1081]

Asymmetry - Andrew explained why

[@TheJoanml]

Look at the astrology natal chart of the CEO 🧑‍💼

[@sethmensah4486]

What's a natal chart?

[@RyanSaplanPT]

56:00 what does he mean “they’re within operating platforms” ?

[@shamrock7599]

I was wondering this too.

[@begracefulonline]

What about access to financials and bank accounts?

[@shamrock7599]

As the business owner, he would have access to those at any time he wants.

[@moneysignclubboss]

ISN'T THIS OLD? 🙋 DIDN'T HE SAY THIS BEFORE 🤷

[@faisalislam9840]

Not 1st

[@tobias2688]

Andrew Wilkinson again. Stop promoting this guy so much and look for the long term stock price of his company, Tiny.

[@antoniocollins]

4.1

[@roberthicks5353]

Am I tripping or does he look like RDJ???

[@DeskCounter]

👍

[@robert95346]

Idk why but Wilkinson always gives me psychopath vibes.

[@bernardking2749]

Andrews' advice for checking references is going to get him sued big unless he is clearing that with his prospective ceo. This is terrible advice.

[@striveg3525]

Please stop with these unrelatable episodes. (Almost) no one here is trying to hire CEOs, investing their millions into a billion or buying businesses for multiple millions of dollars. The show is called My First Million cause it's what it was all about. Bring it back.

[@kairunjoroge7157]

Your level of entitlement is extremely shocking.

[@kalebrowland5093]

i need a ceo, so this helped

[@kairunjoroge7157]

@@kalebrowland5093 Nice! Glad to hear that man. 🙌