Take advantage of this business tip

18 Sept 2024 · 1 min

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0:55

In this interview segment, the host asks Feras Alhlou to compare the advantages that today's business owners have over those from three decades ago. Feras highlights that modern entrepreneurs enjoy immediate, widespread access to a wealth of learning resources—including YouTube, Instagram, books, audiobooks, conferences, webinars, and Zoom sessions—making knowledge acquisition far easier than it was 20‑25 years ago. He cautions, however, that this abundance can lead to distraction and overwhelm due to the sheer number of gurus and advisors. His advice is to act like a sponge, absorb selectively, and seek mentorship from individuals who have already achieved the outcomes the entrepreneur aspires to reach.

Chapters

Hey, Feras, what advantages does a business owner have today compared to 30 years ago?
You have a lot of challenges today that we didn't have 25, 30 years ago, and you also have a whole lot of advantages. One of the key advantages is you have access to resources all over the place, on YouTube, on Instagram, on books, audiobooks, you name it, conferences. You can go places, you can go on Zoom and attend webinars all day long and absorb. I want you to be a sponge and learn as much as possible. It was really hard to get access to that amount of knowledge 20, 25 years ago. So that is the key advantage that you have access, immediate and easy access to knowledge. You have to be careful whom you learn from. Now, the flip side of this advantage is that it could be very distracting, very overwhelming. There's so many gurus, there's so many guides, so many advisors. So my advice here is look for those who have been to where you want to go and learn from them.