Chris Larsen recounts a brief personal story about bringing his son home from work at the family car wash. Through their conversation the son realizes he cannot earn as much as an owner through wages alone; Larsen uses this to advise early-career listeners to act like owners—work at the business first to learn it, solve problems, and progress toward ownership.
Chapters
My son was working for in my car wash, and I was bringing him home because he's got his permit but not his license yet. And he said, dad, I was doing the math, and you make a lot of money every month with that car wash. And I said, yeah. And he kind of, you know, came up with a figure. I said, yeah, that's pretty, pretty close. And he goes.
I don't think I could work enough in a year to make as much as you do. I go, that's right. I go, so let me ask you a question, Ethan. I said, do you want to work at the car wash, or do you want to own the car wash? He goes, well, I want to own a car wash. I go, but you got to work at it first, so you understand how to do it, and you can work your way up. So he took a totally different view then of being an employee. And I think if you're listening and you're in your early on in your career, what I want to say is that act like you're the owner, you know, act like, you know, ask yourself, what would I do if I was the manager? And try to solve the problems and do that, and then you can. You can have that ownership.