6 Things To Avoid Growing A Business

Count money, man, money, back riches.

I'm trying to talk, trying to talk to my beast blood.

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Welcome to another episode of the Grindcast.

Get ready.

It's a new day.

Six things to avoid.

Growing a business.

Six things to avoid.

Growing a business.

Okay?

So I'm going to start out first with negative people.

Number one, negative people.

So audit your circle, audit your personal life, look at who you're hanging around.

Family members, friends, anybody can get it.

That's got to be the mindset.

If you want to win, you can't, it's like, I'm not going to be around negative people.

So if we're blood, it is what it is.

If we're friends, we grew up together is what it is.

You can't be around negativity.

Whatever you can control, if you can control it, you can't control it, you got to ride it

out to you can control it.

But if you can control it, don't roll with people that are constantly speaking negativity,

being negative, doing negative things, thinking negative sense, negative stuff all the time.

Those people are going to drain you.

So when you're building a business, growing a business, especially, it's different maybe

down the road when you're established.

Because building a business is hard.

It just kills me sometimes when people just quit so easily things because if it was easy,

everybody would be doing it.

That's what you got to understand.

Nothing that is worth having in works is easy.

If they're giving out black belts after a year somewhere that like, the shit don't work,

you know what I mean?

The things that really work take years and years and years and years to master, it takes

time to do things.

And so when you're building a business, it's a lot of work, it's a lot of grind, it's a

lot of setback, there's a lot of stress.

There's things that, but it's great.

You got to embrace and love the process.

Like right now, my wife and I just had another baby boy, about three weeks old, about to

be a month old.

In that process is some stuff that sucks, period.

And as a parent, you say, oh, this is great.

This is beautiful.

Man, let's keep it real.

I'm watching it.

I know the struggle.

We love having children.

We may have more.

We love having kids.

But there are some things when they wake up every two hours, that ain't great.

If they're stomachers upset all the time and they're call a key, that ain't great.

They're in breastfeeding for women.

That's a grind.

Pregnancy the whole way up.

That's a grind, putting on a bunch of weight, trying to take it off.

They're just a bunch of things in the process.

And I got friends of mine that love kids and they're like, man, if I didn't have to get

pregnant, I would keep having more kids.

Like man, I feel you.

I mean, even though I'm not the one that goes through it, just watching it and be a part

of it.

Like, yeah, if I didn't have to get pregnant, we didn't have to get pregnant.

I just hit the button another couple times.

So in business, you gotta get pregnant with success.

It's a pain.

You go through a process.

Last thing you could do is be around a bunch of negative people in the process that are

grind.

Second thing is excuses.

You gotta avoid excuses.

See, excuses are like tempting because they could be decorated.

You ever hear lies?

The best form of lies are wrapped in a little bit of truth.

You ever hear that?

Like, the best lies are wrapped in a little bit of truth.

And so excuses are like that.

Excuses are mostly lies.

That's a lie.

And the better your excuses are, the more they're wrapped in a little bit of truth.

Oh, I couldn't mind.

You know, you don't even understand.

I just got my parents to take care of her.

The baby was up all night or, you know, I got stuck in traffic and said, like, all of

those could be true.

Things make some sense.

But if you want to be great, you cannot have excuses.

Period.

Like, I watched Patrick Mahomes play playoff games with a jacked up foot and a concussion

and all types of other stuff.

He had a complete normal reason to say, gonna sit this one out, fellas.

Toes jacked up, can't even walk.

Just busted my head last week.

I'ma sit this one out.

If you choose to be the NFL MVP, if you choose it to want to make a half a billion in the

contract over 10 years, if you want the greatness, you got to take the pressure.

If you want the things that come with being the goat, if you want to be heaviest ahead

that carries the crown, if you want the crown, you got to be able to carry that, which means

you can't operate like everybody else can operate.

Other people can make excuses.

Normal people can make excuses.

Average people can make excuses.

But you, if you want greatness, you cannot make excuses.

It sucks.

You can't be normal anymore.

If you choose to be abnormal, you can't keep flirting with normal.

You either want to be greater.

You don't.

So cut the excuses.

Third thing.

Spending the profits.

I'm gonna have a whole separate segment.

On the groundcast about don't spend the re-up money.

But briefly, I'll touch on, don't spend all the profits.

In your business, whether you're individual trying to grow a business, or you got 10,

15, 20 people or 100 people, and growing your business, you start to receive profits

when you do better, and you do more business.

But typically, to get to the next level, you gotta invest some of that money, a big chunk

of that money, to go to the next level, and then go to that level and invest another chunk

of money, and you go to the next level.

And so you can't spend all the profits.

And you need some money set aside for a rainy day.

So you need to have a savings account stacked up.

That takes pressure off you as you grow.

There's pressure off you as you build.

It allows you to operate under more calm, less pressure, because you didn't spend all

the money, and you got some money set aside.

So if you get a flat tire, you ain't tripping.

If you gotta take a week off, it's okay.

If you gotta go on a vacation for a week and get some sun, it's all right.

It's not check to check, check to check constantly, because you're spending all the profits.

So live below your means, invest into your business, stack some dough on the side, don't

spend all the profits.

You gotta force yourself to live below your means at first.

And I love, you know, when Cardone and these guys, I hear him say, well, screw that, live

below your means, just make more money.

And keep that lifestyle you want to go make the money.

I agree with it, but until that happens, don't spend all the profits.

Or thing, you gotta avoid chasing two rabbits.

Now if you watch me operate now, this may sound contradicting, but let me explain.

So there's an old Chinese proverb about that says, the man that chases two rabbits at

the same time catches none.

So there's a couple of stars out there in the world that we remember in USA history that

were great athletes that they played NFL and MLB, Bo Jackson and Deon Sanders.

There's been a couple people out there that have played at the highest levels in two different

sports, but there's not that many.

And usually when they played two different sports, they ended up not being that damn good at

one of them.

So all these people are good athletes though, but they focused on one and they caught that

sucker.

So instead of playing all three of these things in college, they focused on one and then

they go to the NBA or then they go to the NFL and they make millions and then they can

chase more rabbits because they caught the big rabbit.

And so I think as young people, they start hearing people talking about, oh, you gotta have

45,000 streams of income or you gotta have five streams of income or whatever I think

in my experience, you need to have one stream of income, one big fat stream of income.

First, that you catch a K.A. one rabbit.

And then once you got that, you could start to have and create some other income streams

around you, but you know you got this rabbit, this cash cow, this cash cow.

And the more connected those things are to your main business, the better it's going to

be for you.

That may be too much for you right now.

But if you listen to this down the road, you'll see how much sense that one just made.

But my suggestion is when you're starting and growing a business, don't chase a bunch

of different rabbits because you may think that you, like if you, you know, if you make

5,000 over here, but you lose 10,000 over here, you lost money, right?

Some people, they start adding on these income streams, but it makes their main business

go down.

You ever hear people say keep the main thing, the main thing, it makes their main business

go down.

That really brings in the big money.

But they got these other streams of income.

So they did with so and so told them to do and they did with this next speaker told them

to do.

And so now they feel accomplished because they got multiple incomes over here streams.

But they went up by 7,000 over here and they went down by 10,000 over here.

They spent all this time and they lost 3,000 dollars.

Only at the right time should you branch those things off in my opinion.

I know, I know people that got one stream of income and they're one stream of income crushes

people's 10 streams of incomes.

So I wouldn't tie yourself to streams too much.

I do like jumping into other businesses down the road and adding on some things.

Absolutely.

I'm going to reach dad, poor dad, book and all of that stuff.

But in the beginning of building your business, I think you got to build up a cash cow.

Don't chase two rabbits.

Number five, things to avoid growing your business quitting too soon.

Quitting too soon.

You heard it as a kid.

Remember this one?

Winners never quit and quitters never win.

Hey, you with me?

Did you forget that one?

This still applies today to your grown ass.

This still applies to you and me right now.

Quitters never win.

I've never seen somebody quit their way to the top.

They interviewed and said, man, how did you win the second gold medal on the Olympics?

How did you do that?

Well, Betty, soon as things got hard, really got tough for me.

I just said, I'm done here.

I quit.

That's how we won the Olympics and made all this money and changed the world because

shit got hard and we just said, we're done.

You never see interviews like that.

You actually see the opposite.

You see, oh man, well, been through a bunch of adversity.

We lost some people.

I broke my leg, came back from rehab and found a way to get it done.

Or had this happen, had that happen, stayed calm under under pressure, under adversity,

became this obstacle and look at where this person is at now and now they won the Super Bowl.

And it like Andy Reed lost his son, coaching football, wasn't winning Super Bowl somehow

overcomes the loss of his son and he not only bounces back but he bounces back and he

starts to win and continue to show up in Super Bowl while everybody just forgot about

that one.

That causes most people to quit.

Quitting too soon.

You got to avoid.

You're going to go through things, you're going to go through setbacks, you're going to go

through hurdles, you're going to go through obstacles, understand there's a price that

you got to pay.

It's almost like there's an invisible force out in this world somewhere that tests you on

what it is that you really want.

There you want to be a pro fighter, a basketball player, a good wife, a good business person,

a good sales, whatever your dream or vision is, it's like there's an invisible force out

there that says, yeah, we going to see how bad you really want it because you know there's

about 2,000 other people that said yesterday they wanted to win the world title, right?

So now I got to test you.

And it's an invisible force and it just tests you with all types of shit, adversities,

setbacks, injuries, backstabbing, hard work, shit you don't deserve, illness, death, this

loyalty, your own mindset, all types of things will cut all just shit happens and then it's

the person that keeps going, keeps believing doesn't give up, doesn't give in, doesn't

tap out at some point those people win, you got to break through, you got to break through,

but you can't break through if you quit too soon.

Number six, things to avoid growing your business, not getting advice every step of the way,

don't reinvent the wheel unless you're reinventing the wheel, like unless you're one of those,

like me, I'm not inventing shit.

You ain't going to see me invent, no like man, you see Simon created the new, you know,

computer, camera for social media, like you know that's a lie, you ain't never seen,

if that happened, you know I partnered with somebody that gave me that idea and came

up with it and I'm just like smiling with you.

What I know how to do is I'm taking the process, I can take the game of football and win in

the game of football and help a bunch of people in football and make a bunch of money in

football, make a bunch of plays in football, but I'm probably not going to create the game

of football.

So unless you're the one that is going to reinvent the wheel and you come up with a new wheel

or something like that, I...

think most of the time the best thing to do is to get advice every step of the

way. Why do you think people have coaches? At what point do you see grown men and

women athletes at what point do you start seeing them not have a coach? Even

when I see people that have won the world title multiple times in MMA or boxing

or something like that friends of mine when they walk in to the cage when they

walk into the ring they got people in their corner they got somebody

coaching them up Michael Jordan had coaches

Rest in peace Kobe Bryant had coaches Patrick Mahomes got coaches Deon Sanders had

coaches Simon Arias had coaches still has coaches still seek out coaches why

because there's people that are further ahead than me and the only way for me

to close that gap the only way for me to learn is either to make my own mistakes

or to learn from somebody else's which one do you think is more profitable

people's ego get in the way and I tell people pride is expensive I want to win

pride is expensive your ego will cost your ass more money if you've seen how much

money your ego was taken off you right now you'd smack yourself your ego is

robbing you of a shit ton of money right now possibly if you know you're you

got to like a little bit extra of an ego yeah you might not be getting advice

every step of the way like you should I go back on my career and sometimes you

know they'll tell you man really to connect with people you need to talk about

your failure she need to talk about your setbacks things that you messed up in

and and and I get the question all the time you know what what are you if you

could go back and do anything again what would you do in the business or what

would you do different a wire whatever and I'm like man I mean other than you

know I learned I didn't make every sale and I learned from some of those and

stuff like that but like major decisions I can't think of that many bad ones I

made why not because I'm smart we just went over that but because I had coaches

that were smart that we're doing this a long time before me so it allowed me

to go undefeated a lot of times because I learned the game from them if if you

want to be the best what do you do you seek out the best coaches and what and

whatever it is that you want to do you want to be a great boxer where you got a

good chance if you can find the best boxing coach if you got somebody that is

great in that area of where you're trying to be great can you imagine just

somebody trying to be great at baseball and they're just like well I'm gonna go

out here and just swing a bat I'm gonna just hit this baseball and try to figure

it out better than everybody else once in a while somebody will make that happen

but usually not so don't make the mistake of not getting advice every step of

the way from people that are further than you ahead than you that you can learn

off them and when you get the opportunity to be in front of them don't waste it

take notes note takers or money makers note takers or money makers in this world

now like in school and high school in college you get in severe trouble if you

are a copycat if there's somebody doing good and you look at her paper his paper

you look over to the side and you mark down all the answers you can get kicked out

of school people look at you bad they're all mad at you but in life here

there's people around you and what you're trying to be great at they're around you

and they're getting a's on their paper they're the great smart kids in class

they're doing great and you have a chance to copy off them and get the same

great for free and you don't even get in trouble as a matter of fact it's highly

recommended that you cheat a highly recommend that you cheat your way through

class right now and mark down the answers of the people to smart kids that

were in the class ahead of you remember as a kid you had somebody to have class

and you they come out of class like here's a shit that was on the test with

there's people that are ahead of you already got a's they are they already came

out of that class and you just going in the class by yourself getting a seat

getting a deal not even asking the people not even trying to learn from the people

that already got the damn answers why ego ego edging got out ego you don't want

to ask you don't want to take notes you want to figure it out on your own your

costing yourself a lot of time and money so let's avoid those six things growing

your business I'm gonna keep reminding folks if there's any way that we can

help you please do me a favor and go to cash money mentoring dot com we had

people blowing me up on the messages direct messages on both social media

platforms asking me questions it got overwhelming to me to where I felt bad

and this ain't a commercial this is like genuine how this all came about is I

hate ignoring people and I can't message 50 people the answers to their

questions in business and still have a life and run a business and have a

family I have but I hate ignoring people I feel like a snooze a snob I don't

come from all of this stuff so I want to answer everybody I want to tell

them all the right answers and I want to love on them and I want to tell them how

they should make it I feel horrible so we started cash money mentoring dot com

cash money mentoring we're bringing it outside of our normal businesses in

in industry now and if there's somebody you think we can help in leadership or

in business or anyway what we're gonna be mentoring people on the side in a group

setting couple times a month and it tells you more at cash money mentoring dot

com if you if you need some extra help either way I genuinely just appreciate

the time that you invested and and thanks for let me do what I love to do trying

to pour into people and and trying to find a way to serve other people with the

things that I've learned so thanks for the time that you invested thanks for

joining us on another episode of the grindcast get ready as a new day let's

money man money that grids us by trying to try and told them I'm a beast but