Sam, in my books, you are among the richest people in the world, but what makes you different is you are inviting everyone to be rich and successful. Sir, your invitation is honored, we are all coming. Thanks Sam!
Am following the rich track.Lately I have been so stingy for my time and people don’t like that..Knowing what to do at a given time is key.Times and seasons.Peace from Zambia 🇿🇲
I remember when I was 9 or 10 and was trying to explain to people the realization I'd made that we think via layers. But lacked the vocabulary todo so. Fills me with joy to see it explained at the proper level by an actually successful person!
Sam. I can’t tell you how much I appreciate this video. You have taken multiple books, lessons, college degrees and years of research and put them into less than a 1-hr video. You should write a book based on this video. I would 100% buy it. To be able to break down the concepts you explained into chapter long lessons would be priceless information. And with this video you single handedly destroyed 99% of the “internet gurus” who only sell processes and tools. They KNOW the stack is not working and they prey on that. They know their market. They aim for people whose lower level stacks are flawed. And they upsell them ideas and more tools but never ever take the time to do what you just did for free. I will share this far and wide. Thank you. Subbed, liked.
It has been more than 20 years that I've been running businesses and I can safely vouch for the truth and soundness of your advice. Thanks for sharing.
This has really redefined how I’ll live my life from now on. Straight to the point and no BS. Thank you for taking your time to give this valuable video out for free
Notes from the video: FULL STACK: FOUNDATIONAL LAYERS... 1. **MENTAL AWARENESS:** - SELF-AWARENESS: Aware of yourself and the pattern of your thoughts. Third person view of yourself. - IDENTITY: Your self-image. Your images of yourself can be limiting or empowering. (Thinking you're not good at math) - BELIEF SYSTEMS: Your beliefs can be limiting or empowering. (Making money is bad) 2. **MENTAL COGNITION:** - 1PROBLEM SOLVING (methodologies, mental models, perspectives, frameworks) - THINK CRITICALLY - 1PRIORITIZE (many delay on mit and prioritize useless things) - SCHEDULING (upsides, downsides, effect horizon, priority, discarding if not important) - PLANNING - BREAKING INTO CHUNKS - DELEGATING - CONTINGENCIES - PATTERN RECOGNITION (solving patterns in own behavior, business, data, industry) 3. **BUSINESS PRINCIPLES:** - VALUES, BELIEFS AND PRINCIPLES OF HOW TO RUN BUSINESS (thinking from first principles, long term focused, customer obsession, long term cash flow etc) 4. **BUSINESS DISCIPLINES:** - ACCOUNTING, FINANCE, TAX, LAW, MARKETING, SALES, PRODUCT DEVELOPMENT, MANAGEMENT ETC... - SUCCESSFUL PEOPLE ARE ALL FULL STACK (IN BUSINESS DISCIPLINES AS WELL) - Hires are mostly one discipline stacks so don't see the interconnectedness 5. **PROCESSES:** - Tools and skills of a business discipline IF YOU'RE FULL STACK YOU CAN DO THE WORK OF 30 PEOPLE BY YOURSELF AND MOVE 100 TIMES FASTER THAN THE THIRTY PEOPLE WOULD AS A TEAM. BILLIONAIRES ARE T SHAPED. BROAD KNOWLEDGE AND OBSESSIVE FOCUS ON ONE DISCIPLINE.
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Sam, this is the BEST video out here in RU-vid about how billionaires think, in Novermber 2021 I decided to leave my corporate job because I already had various skills because of my path carreer (I've always had a different job, and learned different skills) but I always lacked sales, so I started on Life Insurance sales. I failed and got fired in 4 months because I couldn't hit a profitable market but I stuck in the sale department, thank god I had one of the best sales course with the Life Insurance company, I moved to real estate in my local town and it's been 4 months now too. No one taught how to get clients and be known by everyone, but I forced myself into learning and now thanks to a bunch of skills I've learned and as you say, I can interconnect those as a whole...I'm finally about to hit my first million dollars this year. You're very intelligent and I loved your eloquence, this is pure gold, I can't thank you enough.
Sam, I love the realness you have on camera. You show you genuinely care about really wanting people to understand. Sometimes the videos are too long, but redundancy is actually very good for the sub-conscience. As for the full-stack approach, it's so true. People often skip the foundations and want to jump straight to the tools and processes. While they might have some temporary successes, without the foundation, when technology changes, or when your niches grow organically and develops, you won't be able to keep up. And for some, are confused and fall into depression. When you truly know and understand the foundations, you don't feel stressed. So, the values of building a foundation is 1. to keep flexible, 2. to be faster to respond when challenges occur. 3. to avoid depression when things fail.
As you said the subconsciousness gets overloaded. But I would say simple words are useless, but actionable step by step is more important. Keep flexible - means so many things, same with challenges and handling emotions. But earning money really don't require you to be full stack, you can compensate it by identifying your weaknesses and outsourcing to someone who can do better. It can be called flexible but it is not really. So the devil is in the details. I really wish this video was 100 hours long with the same intensity and depth. Don't mind the subconscious, it can adapt with repetition and practice.
being full stack has its downsides though. it can be hard to find work if you're too much of a generalist. assuming you want to work for someone else (or have to at some point in your life)
@@starogreyeah, you are right, he made the video for entrepreneurs and that is who he creates information products for. If you are an entrepreneur you have to have the foundations based on objective reality. So general knowledge gives us some clues about where and how to proceed for contingency plan. You also know how to approach a situation. But Sam missed out key processes like Triplica(For example: How to create the best possible optimum solution with the least amount of resources required that fulfills that objective), Metamorphosis, business negotiations (it is not marketing or selling), Joint venturing(he does that with Tai Lopez) etc, that is a business foundation too. Honestly you cannot be great at every process, you can only know just enough to get good results. It is funny because his entire business is based on Triplica and he did not mention it. He used key note and not some fancy software, just enough to get the most optimum solution. This coming generation and the future is based on Triplica.
@@starogre Could be true, but what Sam mentioned: successful people are full stack BUT also focused on one thing and being specialist in that, corporate structures, for instance. So as being specialist AND generalist it wouldn't be hard to find a job, but I guess you wouldn't want to have one in that level.
Sam, I've been on RU-vid since they started in 2004. This is the most informative and applicable video they have on their platform to date. It explains everything in life. This is how physiology and activity come together to get results. Not just humans but all living species. I'm going to link back to it many times while doing my blog posts because it explains why we do what we do and view things in life the way we do. A person can understand what you just showed us and dramatically transform their lives. Using the lego style building blocks for demonstration was genius too.
The blocks also tap into peoples learning instinct from when they were children... many childrens early learning experiences are woth blocks. This is Sam reverse engineering the viewer for the right prop. Genius.
Great video. Personally I tried to become an entrepreneur last year and quickly ran into wall after wall that stemmed from lacking these same foundations. After taking a step (or ten) back and deciding to work on myself and not concentrating on making more money, I look back and confidently say this is the best investment I could have made. Always appreciate the vids Sam.
Applause! This was/is a phenomenal video. About 15 - 20 minutes in, I could start to not only hear, and mentally understand what you were/are saying, but I could also start to feel that it. Thank you for sharing, and I look forward to more of your videos.
Holy shit I'm so glad I found this channel. I was under the impression that you should just be really good at just one thing and have other people do the things you're bad at for you, but now I think that if you're an entrepreneur or a leader, you aren't simply a part of the whole, you are the manager of the whole, and if you want to make sure that every part functions smoothly with each other you have to really understand how everything works.
I aspire to be both a full-stack musician and full-stack entrepreneur. In music, that means doing my own songwriting, lyrics, song structure, arrangement, hooks, beats, singing, production, instruments, drum programming, mixing, mastering, promotion... in business it means finding a market, doing product design, problem-solving, marketing, copywriting, customer service, hiring, training, accounting... etc. It's more fun to know how everything works and gives you more power to change the world and control your own destiny and results :)
Absolutely amazing video! I’ve heard of your name through the e-commerce world and this is the first piece of your content I’ve viewed... subscribed, notification button clicked
I was tired of being a semi successful artist and in 2014 went in my up-level hero’s journey asking God to bring me to the people who have financial intelligence and understand wealth creation . Sam you are one of my answers to prayer 🙏🏽
This is by far the best video regarding how to start a business I have personally seen. Sam I love how the information is generic to all types of business more so my own. It has forced me to look at myself and be truthful to the fact that I lack knowledge in a lot of areas regarding starting and maintaining a business but at the same time plant seeds of action plan that I can action right away in a controlled manner that gear towards progressive results ... what I'm really trying to say is THANK YOU ... this video will be relevant even after 50 years
I find so much in common between what you are explaining and what ancient cultures taught, operating from the most subtle to the most dense, moving all the hidden clockwork pieces. Very nice insight. Great work Sam, you've helped me notice some really important things!
You're a blessing Sam. Thank you for going against the ignorant masses & becoming such an integrated person. All it is about is really not being ignorant in any area - that's why people mess up. It's really arrogance and ignorance that makes you overlook the shortcomings you have. I see you soon Sam. You've cleared the path for me now.
The content offers superior value to me and not even taught in some of the most expensive business education I’ve invested in. Totally grateful for this.
Very useful video. I had never thought of breaking things down to a first principle and that is something I will be applying immediately. Probably the first youtube video where I have taken notes
This Video really made me realise what i was missing myself my whole group talks about business but never mentions anything prior to processes im really gonna have to start from the bottom up
To be able to dissect something and express not only its parts but how those parts work together in a dynamic manner shows true understanding of an area of endeavor. Thank you for this.
there is no doubt that you should write a book summarizing these principles, they're just brilliant. try out something like Zero to One by Peter Theil, short simple and succinct.
This is amazingly on point it’s not just theoretical mumbo jumbo. If you have mental awareness at the least you can learn how to do this from this video alone because it gives you ideas deep down rooted in your subconscious for your own business
Hands down the best business lesson ive ever taken on youtube, thank you Sam. I am already a reasonably high earning consultant in the energy space. The specific lesson I took from your presentation is the full stack layer concept; interconnects and how we must have all the foundations in place admittedly ive never thought about it like that before, a very impactful video for me, Ive made copious notes. I think we would have plenty to talk about perhaps our paths will cross some day in the future. Im from Scotland and based in London now.
Hi Sam, I hope this video reaches a lot of people, I couldn't agree more with the message. I found your honest perspective on the fact that it's almost impossible to just delegate everything to freelance specialists totally refreshing. Fundamentally your point is that it takes brute force intelligence to be very successful in business, because a low IQ will prevent you from ever being full-stack. The unfortunate reality is that intelligence is general, not specific. The question is how do we augment the deeper parts of the stack as much as we can, with knowledge and training, I think.
I am so grateful that you are bringing Self Awareness into the conversation. The majority seem to underestimate the importance of Self Awareness, Self Empowerment and Self Inquiry. It is the Fundamental Foundation to everyone's experience they call reality.
I wish I had watched this video 3 years ago when this video was first recommend to me i would have achieved all of my goals and become successful. But it's still not too late thanks a lot for this information you are going to change many lifes keep providing value to our lives
I've said it before. IT'S LIKE HAVING A MENTOR ON DEMAND. Each time I hear a nugget I must fight the urge to pause and immediately follow up on the information.
I haven't seen this content anywhere else, so full points for originality, observation and research. Also the colourful Legos in the corner helped me focus on what you were saying. It's a nice touch.
Never left comments on RU-vid, but I am amazed how this topic was structured. Perfect Michael Shumaher and Michael Jordan examples. This reminds me about my youth and passion in trying and learning all parts of aspects in every sector. Thats why millioners know and like changing oil in their Ferraries themselfs, they know how to hire people, they know how to cook but never cook 🍜🍕🍔, they know accounting, finance, IT, sales. This helped me to understand myself and answer many questions that I was questioning myself for so many years. Even my brain was mystery for myself. And it is true that this is never tought in schools apart from top cubic layers. Moreover bottom-basement layers: cognitive, principles and awarness could be given to kids from childhood by living and placing them into specific environment. Placing kids in best private schools, - later into Cambridge or MIT will provide them self confidence. As well kids' sport activities like football, golf, shooting etc in early life develops motivation, discipline, leadership, prioritisation - that became the base layer for other studies. It is true that in modern life universities teach only one discipline - this is good for country's economy as specialisation is the key tipping point in globalisation market. But as you mentioned for an individual it is best to know everyting and be a full stack and broad minded. Psyhology is also important. Risk assesment. Experience and good guide play vital part as example of success to copy and learn from.
I discovered your channel by mistake 3 days ago. Im not in the consultant niche. Im always looking to decode the minds of the great in my niche. You've just helped me get a better grasp of it than what i already had. That video is gold. Im amazed by the quality of your content Sam! Happy new year and all the best to you and yours!
Hey Sam, thank you for sharing. This was very helpful as I learned that a key pillar for me to work on is my mental cognition. My prioritization and problem-solving skills have been lackluster as I build my own business. This has been eye-opening because before watching this video, I was focusing on having the best processes for my business and was completely ignoring mental cognition. Much appreciated and I wish you more success in 2020!
Incredible Video! This really sums up why 95% of the courses out there won‘t really work unless you have the needed foundation. Thanks for the value sam!
Getting lost in your content, my friend! Great insights! So true, it doesn't matter about how much information you gather if you don't have the principles in place to take action on those tactics 🤙🏻 love it!
This is awesome. Been obsessing about the processes but now seeing that I have to also work on my stack. Been hearing the phrase " it's a personal problem manifesting into your business". Never quite understood that till now. 😊
Sam, thank you, this is brilliant. I'll be diagramming this for my business, and also for my parenting - I'm so glad to have this so clearly laid out. It'll illuminate challenges that presently just leave me scratching my head. Like others here, I really appreciate your use of the blocks in illustration. I'd like to hear your thoughts on the plinth that is holding up all the rest, because all through your presentation I was aware of it there, and thinking in the background of how critical physical wellbeing is to supporting the brain in functioning at it's best. Personal experience has shown me how easily poor dietary choices, low fitness levels and illness can really muck up a perfectly respectable mind. Thanks again. I'm excited to try putting this framework to use.
This video alone costs a fortune, ¡congratulations Sam!. I have one question regarding to creating and giving value to an audience: ¿How do you balance what you give at cost 0 and what you charge for without upsetting your customers while keeping the quality in both sides of the equation? Thank you!
I got it clicked why things were not working out I was so focused on the processes and disciplines and not fully aware and principled on what I am doing Excellent Video powerful model for all startups
Amazing piece of content! One powerful addition worth discussing is the power of emotions. Mastering your emotions is a powerful way to avoid poor decision-making and destroying important relationships.
I think where people probably truly lack, is mental cognition and awareness. Cognition in particular. Everyone has business principles and business disciplines, however not a lot of people have the ability to think cognitively and be in a state of awareness, this is an issue as it’s never taught in schools or anything. Thank you for this information 👊🏽
I don't know how I came across your channel or this video, but these are honestly some of the strongest points that I think I've ever heard. Thanks so much for sharing and really breaking down this 'full-stack mind' concept of yours, Sam! You're truly a master at deconstructing complex ideas into easily digestible, self-actionable keys of wisdom. I didn't realize that I was still at the bottom of the totem pole, trying to find my way up. This is a truly simple but enlightening path that more people should be aware of. 😯
So basically , you are teaching us the 3rd stack i.e. Business Principles through your videos and your company provides knowledge about 4th stack i.e. Business Disciplines and the 5th one too i.e. Processes n tools . Company's specialty is that they emphasize on your Mental Awareness and Cognition .
I’m not much of a RU-vid commenter, but it’s hard to receive such value for FREE and not say a word of gratitude for it. Sam Ovens, you are indeed one of the best things that ever happened in entrepreneurship, and you are so full of love love to share them with so much desire in your eyes to help others come to the realization of these things. Thank you so much for all you do. I am deeply grateful and I’ll continually share your videos with those around me, even outside of business. ❤️❤️
Dear Sam, I appreciate your videos as they've confirmed a lot of what I have believed and followed in terms of principals. When you have it in mind to do exceptional things it's not likely you'll find people who will even understand your motives, let alone share your vision. It can be very discouraging at times as there is no way to get confirmation or assurances until you've actually achieved your goal.
This would be the Best Morning ever, As I Strongly relate to this whole video. I am a Growth marketing consultant and Helping companies to set up a strong foundation of Teams mindset, Systems & Processes to execute the things that matter the most critically. this video will help me a lot, I used to follow the T-shape theory and I have experienced that out of 100 people, only 1-2 people follow the business strategies. Most people focus on learning Processes & Skills and paying hard-earned money, rather than focusing on solving a self-awareness problem and the ability to do something that starts with no resources, no tools. The only thing you need is a mindset to start. Great Share
incredible value here sam, I was taking notes and am truly inspired by this content. I promise you I will come back one day and remember this video as I feel it will help me pursue my business goals and become truly FULL STACK.
