I know you have achieved significant results Sam, your glacier-like persistence and stealthy focus has really paid off. What I like about your approach is your willingness to share your thinking, so thanks for that.
I've been working on my business idea for 2 years now and probably have another 6 months before it's ready to launch. Every time I feel like there's no end to boring, mind-numbing tasks that absolutely have to be completed and I want to pull my hair out, I take a mental break and listen to this video for encouragement. It works every time.
This is probably the best business advice I've ever heard or read in any book----EVER !!. I just watched it for the 3rd time in less than 24 hrs. I've been through the Accelerator program and I can honestly say that after 15+ years doing stuff online, Sam is the most legitimate "guru" I've ever come across. Thank you Sam for being legit and honest and for sharing your pricessless knowledge for free.
more excellent advice Sam. I hear lots of hype about Shopify dropshipping and SMMMAs online but I don't hear any gurus talking about organ printing, bio-engineered meat, or atomically precise manufacturing. The people willing to solve the biggest problems will always see the biggest gains in return for their sacrifices if they succeed
I'm learning that the things you say are as true as they can be. Your words are becoming quite addictive. I bought your program almost 3 weeks ago. I know I'll be looking back and thinking that signing up for your program and listening to you will you go into the ranks of one of my better life decisions. I've been put back on track. Thank you for your earnestness, humility and fervour from the bottom of my heart.
Must say I am very impressed by you at your age having so much insight and well developed own thinking! Just buying this domain, at whatever cost, is genius! I see a video of yours every day and will check out your free training.
Hey Sam, really wished i took you more seriously when I first saw your RU-vid ads a couple years back. Been doin it the hard way ever since. Really glad I gave this video chance. Kinda kicking myself for not paying attention sooner. Thanks for all the great vids/resources! 👍🏼👍🏼
Speaking of oxygen tanks (i.e. being able to survive a lack of profit), Jim Collins wrote a book "Great by Choice" which talks about how successful companies deal with risk, change and turbulence, how they survivr through challenging times One of the things he mentioned was "taking lots of oxygen canisters" (when climbing mt everest, the successful team had enough canisters to make several summit attempts so they could bail and choose a better time). The successful companies had plenty of reserves, which allowed them to be patient during challenging times, unlike the failed businesses, exactly like Sam is saying The other two features (aside from "leading above the death line" desribed above) are: - empirical creativity (invest in many small experiments to test concepts before investing in a major project) - 40 mile march (keeping a steady pace, during favourable and unfavourable times, regardless of the conditions - don't overextend in good times and push harder in bad times)
Even though the small business model of outsourcing is duplicatable by mechanism, the personality of each business is different and can never be duplicated exactly. Great video Sam and definitely information to plan around.
Thank you for this video Sam. It's so refreshing to see this type of information shared in a time where most people's solution is to sell a "sexy dream" to others. You share the absolute hard truths that need to be heard. Thank you.
Hey Sam, super helpful content that you're posting. My response to this as a beginner is that I think it will be important for me not to reinvent the wheel to start, and to add the easy value to my clients' businesses. Then, when I've saturated that value space (and have the time/income freedom) the opportunities for competitive advantage will start to reveal themselves. The mindset is important to develop now, however. I've definitely been guilty of thinking about how I'll be able to upgrade my lifestyle massively in the short term. Well, I've listened to your videos enough times to start having that mindset wiped out. Thanks for saying the hard stuff.
I definitely enjoyed that Sam. I have held myself back knowing I need to be providing high-level content and true value rather than gimmicks. I have spent close to $800,000 training myself and still, I doubt what I have to teach. Thank you for being an inspiration.
I'm watching this Sam and having a coffee. I quit my marketing job yesterday. This is a great way to spend my time. I like your mote business analogy. I like your competitive advantage strategy.
WOW! Amazing video Sam. P.S. I bought Sam's training and I can 100% say it's the best. Highly recommended if you want to stop being a student of books and start doing what it takes.
Thank you Sam, I think this is the best advice on how to get into the winning mindset I've heard online. I've failed a few times already bc I've made most of the mistakes you've mentioned. Now I'm gathering some new energy and reflecting on my long term strategy.
Nice thoughts, can't be reminded often enough about long term planing and working on your business instead of in. Video improvement suggestion: put the cam somewhere static instead of holding it, so there is less unnecessary shaking.
Can you talk specifically about young people who want to do consulting but don't have the experience like at all. Is it irrational to think I can be successful in this even though I'm young and inexperienced? Pls answer this Sam. I also hope you do a video on this. I tend to see you post videos of people already were consultants or know ads.
Hey Sam! You said in your webinar that you don’t need to waste time on all these SM platforms so how come you’re investing so much in RU-vid all of a sudden? Just curious :) Thanks!
Great content. As for the analogy of Walmart VS Amazon, it's important to point out that Walmart created its own moat decades prior to Amazon's birth. The key factor here is that Amazon leveraged a new technology (ie the internet) to pierce through Walmart's moat. When you decide to enter an industry, your best chance to get in is to find a weakness, usually via finding technical obsolescence. Once you successfully enter, it's your turn to create your own moat then don't forget to reinvent yourself by embracing new technologies and trying to compete with yourself ... defeat yourself with new products/services to keep the upper edge from competitors. That's all, cheers! ps: I'm the founder of a social network for artists with 3M+ users called Green Screen Live. This is a SaaS business, which moat consist of a SaaS and a box. (ie a physical product). Keep up the great work, bye!
Wow brain storming and eye opening took long breath it does make sense, you are making me listen to all your videos when I open RU-vid I only see your videos one is better than another
Oh wow My GOODNESS!!! THis IS PROFOUND Perceptive Shifting Thinking!!! Thank You So Much Sam!!! For Sharing This!! Took Notes And I AM Going TO Apply This Everything You Said!!!...Thinking Differently!
Thank you for this. Mind breaking you said instead of thinking, what Can I do that is cheap , easy and fast, think what Can I do that is expensive, excruciating that will give me a competitive advantage
Outstanding 👊🏻 I admire your contrarian thinking but moreso your application of the next level philosophy. Using this in my spin-off consulting venture. Launching within a month! Etre fort pour etre utile.
"I'm grateful for the knowledge and insight I've gained, which has helped me tremendously in both life and business. Learning and growing with you all has been an amazing journey. Here's to continued success and empowerment for us all!"
this is one of the most eye opening videos I have seen this year so far . so much value, holy fucken shit, I even feel what you're saying in my body..'
I always look forward to listening to your business insights, and a lot of the things you say in this video have been mulling over in my head for a while, especially since I've contemplated using contrarian strategies for my e-commerce business that no one else I see out there talking about. I can relate to you so much in this video Sam. I see so many out there trying to make a quick buck to showoff a lavish lifestyle, selling their courses and throwing up copy-and-paste strategies and products to sell online in e-commerce for short-term benefits, and it's really been something that's bothered me for quite some time. Moving forward, I feel much more confident in using the contrarian strategies and doing what is hard (which my competitors do not and probably will not be willing to do) to get a competitive edge in the long-term. It's certainly not going to make me the quick buck I see so many out there doing, but I know I can win and dominate years down the road. Thank you Sam for the depth and quality of your insights. It's quite refreshing and much needed.
What an amazing concept on long term thinking and how some successful people flip the script and say more-a-less what’s hard and takes forever that can actually give them the advantage over the market. Good way to dominate if you ask me given everyone is looking for the easiest ways to make money etc. Thanks Sam, so much value here!
Hi Sam, first of all Thank you very much for videos. I started several brands/businesses in the begining this was good expierence but unfortunaly lossing time and resources, no results in short time of period , now I trying to focus in one business. Now, I see really good results on my sturt up. Thanks again!
Thank you very much Sam, really eye opening content. In business we may be trying to optimize for the easiest, cheapest and fastest way to achieve things. No wonder why business like that fail in the long run. Keep developing your Moat my friend, your content is really valuable.
Hi Sam. I totally agree with you. As you speak I was so like that up until six years ago, BTW I’m a INTJ. Now at 60 years old I’m starting over again. So thanks for the memories or should I say re-memories.
Thank you so much Sam this literally is golden nugget for my start up I am building that is literally going to disrupt my industry, I just have to think of more ways to make it harder to replicate this is gold thanks.
This content is Grade-A, 100% pure - the best I’ve seen from you, Sam! You should make shirts, wall prints, or coffee mugs that say “Make it Through the Hell Fire” and have them available on your site. I’d be your first customer :) 15:40 Amazon didn’t make a profit in the first 25 years
This is very true. If you look at Stanley Kubrick for example, you see a director who worked day and night on one movie for several years at a time and got amazing results. Compare him to Ed Wood who rushed out quick, cheap, careless movies and ended up being laughed at. It's the same in all industries. The big winners are long term thinkers and they are very persistent and very committed. Although many people dislike Donald Trump, he is one of the most persistent men I've ever seen. And if you read Think and Grow Rich, the whole book is about persistence and purpose.
You're so spot on I'm impressed & rarely does that happen... Could you please talk about how to get funds for a business idea without risking it being stolen.. Like how to patent ideas.. I have huge world changing ideas but I don't have the resources to implement them
This is a life-changing video! Fantastic Sam! I think I started with you on Facebook, but most of the time it's RU-vid. But you already know that, you clever chap. This video is going on my RU-vid playlists: "OhMy" and "ItsGoodToBeDifferent".
Thanks for the advice, i read flywheel, well good to great part of them but yes same aurhor flywheel thanks your advice i will check Sam Walton, I look for moat, i hear that more on stock Warren Buffet talks about that Great content
I hate your ads but this is good info. If you can prove your consulting can create these advantages you are speaking about and highlight this in your website content thats to the point and direct then I would consider your services.
Sam, what actions did you really take to overcome your highs and lows on the chart? When you spoke about going from $5000 down to $1000 and the vicious repetitive cycle on the spectrum, and in different areas of life. I am battling this currently, and would like to know if you could speak upon how you came about breaking through? Or make a video about it? thanks!
Sam that is interesting stuff, but it is related from going from6/7 to 8 figures. The question is how you went from 0 or down there to your FIRST million. Could you make a video on that? Explaining real life numbers and case studies. Thanks
Hi Sam, I think your review has strong points. No one can question the sheer magnitude of what Amazon has accomplished. However the argument can be made that they are we weak on the cash flow side. That may be a moot point now. You might also consider cash flow. Apple $240B Microsoft $131B, Google 86B, Cisco and Oracle to name a few. Cashflow is a huge factor addition to all the many other assets of a company, the technological Systems, human resources talent and stock price. I'm not by anymeans some type of analyst. Just some quick facts that can found on the internet. What are you thoughts on cashflow vs some of the other factors such as talent, intellectual property, stock price etc.
Hi Sam many time the "military analogy" is mis-used or over used in buisness. I commend you and the way you have applied this - nicely done sir! you are right in your strategic principals i would just be wary of putting off some from taking action as they may become overwhelmed by the big picture. great stuff an look forward to your next. - thanks N
yup. but without proper action, mindset is nothing. It's like a bike. A bicycle maintains its balance only so long as it is moving towards something. Having a good mindset is like having a good bike. But if you're trying to maintain your balance while sitting still, with no place to go... ...it's gonna shake up your mindset too.
Love all your videos. Tremendous value. One thing that bothers me: It would be much more enjoyable to watch the video with you looking directly into the camera instead of looking on to the screen. Other than that, keep up the good work!