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I’m spending the next week in Disney World with my family. Last night I watched my kids sing & clap to The Silly Song with Dopey & Grumpy. After dinner, I couldn’t stop thinking about Walt Disney’s story. Here’s what most people don’t know: (Side note: that was my best attempt at a grumpy face) Walt Disney was fired from a newspaper for “lacking imagination and having no good ideas.” His first animation company went bankrupt. 302 banks rejected him before he got financing for Disneyland. 302...
Running a business is like spinning plates. You get one spinning smoothly. Another starts wobbling. One crashes to the ground, shattering into a million pieces. You’d be screwed if that was on your plate. Here’s the truth about scaling: The bigger your business becomes, the more stable it becomes. The sales of a single store of mine vary 25% each week A $30k/week store swings between $22.5k to $37.5k Wild. Unpredictable. Nerve-wracking. A district (6 to 8 locations) is more stable with only a...
A rocket ship burns 90% of its fuel to get off the ground. But once it hits orbit, it takes almost no energy to keep moving at incredible speed. Business works the same way. The grind to $1M: 60+ hour weeks. High stress. Phone ringing 100 times a day. Customer complaints. Lawsuits. Employee drama. After burning 90% of your fuel, you think: “All this work for no money? Maybe I picked the wrong business…” That was me for years. Then something clicked. I realized I couldn’t eliminate the tasks....