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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...
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....
I don’t care that I’ll never be on the cover of Fortune Magazine or that "Beers Tire & Auto" will never exist. I’m okay with that. Everyone has great ideas. But there’s no money in great ideas. 100% of the money is in the execution of ideas. I don’t waste time on trying to innovate or invent. I focus 100% my energy on execution. Just show me how to make money and I’ll do it. I don’t care about cars, paint, or turf. This is why franchising is perfect for me. I don’t want to reinvent the wheel....