How You Can Massively Shift Your Mindset, Business and Impact the World - Daymond John & Jay Abraham

Daymond John and Jay Abraham discuss what separates successful entrepreneurs from the rest. Daymond stresses personal responsibility and mentoring; Jay pushes obsessive curiosity and becoming your customer's most trusted advisor. Both break down how to find hidden revenue in what you already have.
Chapters
Insights, lessons, commonalities, and differences. Do you see?
I'm going to answer, but can I make a bizarre first request? Let's change seats. Because I'm noticing I'm skewed that way and he's skewed that way, and if we change for the second half, it'll be fair to everybody.
Are you serious? Yeah, whatever. Go for it.
Jay does. Yeah, that's Jay Abraham, please.
Yeah, hey, whatever. You're both well known and well respected for your entrepreneurial accomplishments. You both have rather outrageous background stories. What one factor do each of you think, more than anything else, determine or defined what you each became and why? And how can that same factor benefit everyone in this room? We'll start with you.
I think there was a couple of factors. There was two factors, I remember, but the main one, I think, was that when my parents got divorced and I was 10 years old, I was actually in Catholic school. And I remember acting up as a kid going, you know what? If I act up, my father will come back, because this is the sensibility of a child, right? My father will come back. My parents will get back together because my grades are bad. So I remember the last test in school. The nuns said to my mother, I listen, you know, what if Damon. We understand Damon's acting up, and we would normally have to leave him back, but we're going to give him one last chance. So that night before the test, I went out and played basketball with my friends. I did everything I could to not complete the test. I go in the next day, I do the test, and the test comes back, and I get like a 30 on the test. And I was very pleased with that. My mother comes into school, and the nun says, you know what? We're not going to leave him back because we understand he's acting out because of what's going on in his life. And my mother said, no, you're gonna leave him back. So, number one, I got left back. Second of all, you know, there was public school up the block where I felt like they just ate their young and crawled on all fours up there. They were just nasty people, right? And my mother said, anne, I'm taking you out of this Catholic, cushy school where you have all your buddies you've been in since the first grade, and you're gonna go to public school. And I said, no way in the world is that going to happen. Then she said, and you're also not going to go out the entire summer. I said, she works three jobs. How the hell can she watch over me? No way. My mother goes and gets a fourth job, hires a babysitter who watches me, takes me out of that school, and I end up back in the seventh grade in the public school with the kids stealing my sneakers every day. I realized at that point that I was responsible for my own actions. And many of our kids don't realize that. And even my daughters have a challenge with that up until 20 years old. And I try not to baby them, but at that point I realized that nobody's going to save me. And I think that was very instrumental at a very early age of my life.
Yeah, that's good, that's good. What about you, sir?
Probably the most, I guess, defining is that I had always a hopeless curiosity and an outrageous fascination for what, why, how people were doing things. And I was a business transit. I have no education. I got started at 18 and two kids at 20. And I jumped around, but not from job to job, industry to industry. And I would realize how totally different each industry was in the way they thought and their actions. And I have always had an obsessive desire to learn how many different ways different businesses, but more importantly, different industries, think, act, strategy, access vehicle, business model. And I think that's probably made a bigger difference in defining my. If you want to talk about not just success, but the ability to add a lot of dimension to people.
Yeah. I mean, I remember some of the greatest marketing that I ever learned in my business is when I started listening to you. In the early 90s, I got ahold of these. Jay Abraham, Australian boot camp for a genre. Yeah, it was amazing. And so for those of you that don't know, Jay's one of the greatest marketing minds on the planet and just super brilliant and really good at asking amazing questions in the Socratic method. So I'll ask you first, Damon, how do you personally keep growing and evolving as an entrepreneur and human being? Because you, you know, you're now in a position where you advise, you know, millions of entrepreneurs.
You know, I think it's still activating, as I call the power broke and putting my hands directly on what's going on and learning what's going on instead of, yes, of course I can hire a lot of people who I think are experts in the field and know the field, but I don't. I tend to seek mentors. You know, of course I've asked you many times to help me and work with me. Jay Michael Pirelli is here somewhere. Ryan Dice, and certain people that actually most of them I've met during or through the Genius Network, or if I didn't meet them through the Genius Network, I called up Joe to find out if they were anybody that was worth doing work with. So I'll get the mentors to work with me in this sense, but then I'll hire young millennials who will walk through the product and work with me on it, and I'll learn it. At the same time, I think that that's the value of Shark Tank. If I wasn't on Shark Tank, I would not be doing business like many of you in this crowd are doing today. I would have been doing the traditional Shimada business. I would have been making a shirt and selling it to Macy's and hoping this individual walks by and buys it. And I have no idea who bought it. Was it the mother buying for herself? The kid buying it for herself? Was it a gift? Why did they not buy it? I wouldn't have the analytics. And most of my industry still operates the same way. So there's a huge digital divide. There are the people 30 and under who are converting on social media and on Snapchat and Instastories, and then my colleagues who are 50 and older who are manufacturing, but they're manufacturing, and they're just. They're either licensing a famous name or trying to sell it to a store. And retail is dying. So I learned by basically keeping a lot of the younger individuals around, finding how they're converting, and then a good series of mentors that are from all facets of life. And I still call people to mentor me every day. Great, great.
How about you?
I think what I've tried to do all my life, pardon me, is put myself in very uncomfortable situations with people who are above my intellectual and financial pay grade and force myself to not master, but to, you know, to really understand their worlds. And just as an example, I'm doing stuff with a big hedge fund. I wanted to learn about big data. People who know me know that I get by being technophobic. And I met two top people, and they became friends. I wanted to learn about private equity, and I went to the top people, and one of them became a friend. And I listen and I ask really interesting questions. And I have great humility and respect, but I try to understand. Somebody taught me this. You got in this room 350, 60, 80 people, and each one of you is listening to me or Joe or Damon or Dave or Peter. You're all having a different experience. You're all having a different reality. You're all interpreting it based on different reference and definitions. And I've always been obsessed with understanding, maybe not the totality, but how many different realities there are concurrently going on. Well, many, many.
How many of you got a copy of Power of Broke?
Yeah.
So thank you.
Thank you.
By the way.
Just a plug for that. It's such a wonderful book to teach you. I'm obsessed with getting people to think differently and it gives you 15 different ways to think differently, irrespective of whether you're rolling in prosperity, whether you want to try to set your children on a path, whether you're trying to force yourself to be more inventive, efficient, resourceful, innovative. I love his book. Yeah.
Thank you, Dave.
So what's one thing about you or your business beliefs? Does the public not really know that you wish they did?
Thanks. Probably that I'm at a point in my life where I'm more obsessed with not just contribution, but monstrously helping expand entrepreneurs worldview. And by worldview I have a belief system that most people in an industry fail to acknowledge that their prospect, their clients, their team members aren't just accounts payable, aren't just buyers of shoes. They are human beings. They're men and women, husbands, wives, fathers, mothers, lovers. They have all these different issues that are holistic. And I try to expand people's worldview to think at levels that are beyond the rigidity and the, and the very limited verticalness of whatever they're doing.
Yeah, I have two aspects of business. So one is my operations side is I try to put this discipline on myself that obviously I have to, you know, make more than I spend. So I have the theory of like, you know, you have $100 in your pocket, once you break it, it's done. So I never bring money from home. And what that does is it gives me a discipline of no matter how much money I throw at something, I'm going to be forced either to create more sales or to reduce spending. And then with my employees, most of them have started off as interns, even for the last 20 years, most of them have started off as interns at some level. And I have a three tier with my employees. Number one, you're hired for. Well, I'm sorry, the attorneys haven't started off as interns, but I'm talking about like other people. One, you have a tier to do your job. Number two, you have a tier as a team player. And if those work, then collectively we can partner on a business and, or something that you have an aspiration for. Because I truly believe that those individuals first of all, everybody will want recognition. They say they rather recognition over money. Number two is if that person is so good, they're either going to go off and be your competitor or they're going to be stolen by somebody who can pay them more. So if they have some form of a partnership and there is no glass ceiling and they can determine their success, I think that keeps them there. On a personal level and I don't know, I'm sorry, we were in the back, I didn't hear how you queued up. That part of Shark Tank is that. But on a personal side, for me to make it to that level or to be on that stage with Mark Cuban and all those other people, to be an entrepreneur and know that that is driving the country and the next Steve Jobs or whoever is right now at home 11 years old with their pajamas on, eating cereal, watching that show and they're going to go out and create millions of billions of dollars and help the economy and be an entrepreneur and empower millions of people that I didn't realize I was going to be in that area. And once I got to that area and I started to see how empowering entrepreneurship was, that's the place I'd love to be. Now I think that entrepreneurship is more like the new version of the preachers and everything else like that. But they're talking about methodical ways to go out and empower yourself.
So Damon, you speak almost daily to extremely large, diverse groups. What commonalities and differences do you see and what insights and lessons could we learn from it?
Yeah, you know, it's fascinating. It's always the same couple of things. Last night I was speaking to Panama City, they just got, they're getting a couple of billion dollars because, because of the oil and the oil spill and everything else like that. And now they have their chance to bring their community around and they want to know the same thing that almost all corporations or individuals want to know. How do you foster innovation within people in your corporation? And there's a certain type of innovation usually companies want to have. They tell me, Damon, we don't want you to get them so motivated that they quit right and start their own business. So how do you create these individuals to work together and to be innovative within an organization? Number two, how do we brand that we are an innovative forward thinking company so we get the new talent in because Facebook and Uber has really snatched up all the talent for coding and things of that nature. And then the third one is how do you make people believe and understand that they are personally a brand themselves and they are directly associated with whether the bigger body or their product. Because as you look online and today and all the people that work for you, nobody can differentiate whether they're talking about you, your company or themselves when they're on their own social media platform. So they ask me almost always the same three things.
Well, I'll ask you the same question, just in kind of a different way because you speak and consult worldwide for a pretty much hilarious diversity of all kinds of different people and industries. So what? What insights, lessons, commonalities and differences do you see?
I'm going to answer, but can I make a bizarre first request? Let's change seats. Because I'm noticing I'm skewed that way and he's skewed that way and if we change for the second half, it'll be fair to everybody.
Are you serious? Yeah, whatever.
Go for shit Jay does. Yeah, that's Jay Abraham, please.
Hey, whatever.
Damon has this broader suite. I deal almost totally with entrepreneurs that are going to be operating, not startups, and they're going to be very diverse and they're going to be worldwide. Here's what I've noticed. Number one, and these are just sort of my Rorschach. Almost none of them are really strategic and don't understand what strategy means. And all their activities tend to be erratic, episodic, they aren't driven to advance and enhance their strategy. Number two, almost none of them have any correlation or comprehension of all the performance, I guess I'd call them metrics of all the impact points. Number three, most people, I've been very blessed and I won't go through the litany experiences, but I've gotten to see not even a micro, almost a nuclear level, all the different interrelated revenue impact points that exist in a business. There's sometimes 30 or 40, and almost nobody ever looks at them and realizes that each one can be enhanced and the combination can be geometric. Almost nobody understands that you don't have to depend on one primary source of clients prospects that you can really solidify and grow your business by orders of magnitude if you expand. On the good side, the people that are attracted to me tend to want very badly to be able to contribute greater value to their market. But they don't even necessarily know that verbally, they don't have any kind of crystalline or tangible idea what that looks like. And someday I'd like to do a discussion, maybe tomorrow, about the difference between a proprietor and an entrepreneur. And when they understand I've Done a lot of work in being preeminent. Preeminent is a really, It's a wonderful place to operate your life, your business, your, you know, your everything. Most of these people don't have enough value appreciation for their human capital, their team. They don't know how to help the team grow and develop and thus they only get a fraction of the performance capability. Then the only other thing I'll say, and this is quite fascinating, I do a lot of stuff in Asia and I've done a lot of stuff in Hispanic markets. And their academic training heretofore has been rote. So if I say to entrepreneur from China or from Singapore, from Malaysia or Bangkok. So take 100 divided by 1000, multiply it by 12, add 6 square root it, and then minus 2, what's the answer? They'll go, but if I say this is to this, as this is to this, so this means what? They'll go Deer in the headlights. I am very well received because I have the patience and it's not arrogant. Takes a lot of patience to teach critical strategic thinking to people whose environment has taught them tactical, nonlinear thinking. And it liberates people with when they do that. And I can go on, but that's probably enough.
Hey, I hope you're enjoying this video. And I want to let you know that I have a new book that's come out and if you'd like to get it absolutely free, there's a link below in the description. Or you can wait till the end of this video or you can Simply go to joe'sfreebook.com and you can get a copy there. So, Damon, you have your famous shark points. Jay, you have many things, three ways to grow a business, the strategy of preeminence, power, Parthianon 9 drivers, et cetera. Of them, which one single principle or concept would you keep and use if you could only choose one, and why? Which is like, what's the most important thing?
Mine would always be my first of the sharp points. And I have various different ones. So a lot of time my sharp points is S, H, A R, K. And depending on who I'm speaking to, some, you know, can vary. The S is always about goal setting. I always attribute reading a book that probably the entire crowd has read. Think and Grow Rich. The first time I read it at 16 years old and I didn't really understand the value of goal setting until I was probably about 20. And after that, immediately my life started to change. And I don't say that casually and I don't Know, if anybody here does not know what goal setting is, it is not about what you're going to do this week. You know, I have 10 goals. Seven of them expire in six months. One aspire, two expire in five years and one expires in 20 years. The one they expire in six months, I, you know, I read them every morning and every night before I go to sleep five days a week. It's the last thing I think about when I go to sleep. It's the first thing I think about when I wake up. And I make them very, very. I set my goals very high. I usually get to about 50% or 80% of the six month goals in regards to accomplishing each one. And then I reset them for another six months. Interesting. And those have been over the course of my life, those have always been the ones that I've gone back to. I do find that three months or six months out of my life when I'm going through extremely challenging times. It could have been my divorce or it could have been various challenges and I start maybe drinking more than I should or hanging out more than I should and I find that I don't do that. And after a while, after six, seven months, I find that my life and or my motivation have taken a large decline. So I have been through that part of not goal setting probably about six times in my life. And those have been actually the worst times of my life.
I love the whole thing of the goal with an expiration date. I mean, that's very interesting. I mean, I put deadlines on things, but I've never really kind of thought about it.
Yeah, they have expiration dates and I find myself getting anxiety around that. If the goal is the 15th of March, why am I feeling like this? And then I reset them.
Well, okay, Yeah, I would fire myself if I was interviewing me for this one because I'm going to give you a double answer, but probably the most important distinction ideology, philosophy ever learned. And I can be very arrogant about it because it wasn't my own originally, but was the strategy of preeminence. It's really redefined what I've become as a human being, as a contributor, as a catalyst to others, a benefactor, guide, advisor. And it's also, it's propelled people to the highest level. And I'd like to actually tell a simple story because it's quite, quite profound about it. But also I'd like to give a context about relational capital because there's a depth and a breadth of it that is so Transcendent to what somebody would think of as an affiliate deal, but just, I mean, to give you the simplistic concept of preeminence, it's basically to establish yourself as the only viable choice, the most trusted advisor for life. You have a moral responsibility to guide people to what's in their best interest. You can't let them buy less, more, less quantity, less quantity. You may not even allow them to buy from you. Or you can't allow them to buy from the competitor, not because they're a son of a gun prick, but because they're not going to add the value of support. Your goal is not to fall in love with your product or your service. It's to fall in love with the people whose lives you're transforming. You have four categories of clients, certainly the ones that pay you, but then the others are the ones you pay your team members, your vendors, your advisors. And your goal is to enrich their life, to grow, to add value. That's the important part. But it is totally external. And the real key to it is you don't wait for money to change hands to start investing. The preface or the premise is, in any relationship, one side is always being asked to invest first and the other. And your attitude is, I think you're a good investment, so I'm going to invest. But you're going to invest real value. And you can't invest real value if you don't have a clear context of what value is defined as by the various segments of the market you're trying to take. I can go deep on that, but forget that now. So we've done billions of dollars for clients using very sophisticated relational capital. And it's totally different than an affiliate deal. You know, it's like we will find people who have very trusted, credible relationships with the market that our client wants to reach, and we will engineer extraordinary relationships. And the easiest example I can give you is an old one, but it'll show the differentiation. I was laughing. Somebody wrote me the other day and said, I want you to promote my software. There's a hundred thousand dollar top prize and I'm giving my Porsche. And I said, well, first of all, I have more than one Porsche. Second of all, I don't do things for, for that if it's got value, I don't. Making another 20 or 30 grand ain't gonna change my life. So I'd rather do it gratis if it's gonna really impact the people. But when we used to do really integrated strategic relationships and the easiest One I can tell you I'm gonna go back and date myself, but when gold was first legalized in the 70s, all the gold dealers are running ads and the Wall Street Journal, Forbes, Barron's. And that wasn't where the gold buyers were. The gold buyers were the conservative, pardon me, many is the water right here. Many of them were the libertarians, the von Mises, the Hayek type people. And they were subscribing and paying money to any of about 40 different newsletters that were out there. And I was the down below, the surface strategist, mastermind, ethical puppeteer for all these people. And I also was the mastermind for this gold company that sold physical gold. Physical means you buy, you get it, you can buy physical gold, you can buy options, you can buy bank owned. And I've helped all kinds of companies like that. But we would go to financial newsletters and we wouldn't say send out an email for us. We would strike a long term arrangement. Well, first we would be the recommended provider of the hard asset. Every time a new subscriber came, they would get from us a kit that would explain hard assets, give it the context, have interviews with prominent economists and advisors, including ones that didn't like gold. So it had balance. Our deal was four times a year we would pay to put out special editions of the newsletter that would chronicle a lot of hard assets. And we'd pay money for great, respected iconic writers. And we would be featured in it too. Thrice a year we would do regional promotions where we would do programs on site all over the regions for these newsletters and they would be for profit. We would use part of the money we were spending to get an icon, then we would speak any profit we would give them, but it gave us credibility. Many of these newsletters were very arrogant and they would stop marketing if their marketing piece started breaking even. We were in a lead generating business and lead generator was costing us 1,200, excuse me, 100 $200 a lead. So anytime their subscription offer stopped working, we had a standing offer that we would pick up the responsibility of taking their subscription piece, their promotion. I would improve the headline, I would improve the risk reversal, I would add to the bonuses. We would do whatever we could to make it profitable. Then we would pay to send it out, but we would get joint tenancy of all the names. And I can go on and on, but it's so much more sophisticated and it wasn't static, it was a perpetual, we always played a long game. And also if we were the first one to do that. And it worked. I separately would reserve as a contingency the right to become the ombudsman, the provider, the manager, the partner in any and all other long term strategic offerings that would go through that newsletter. So I created it as a distribution channel and I did the same kind of thing with everybody and it was a whole different level. And there still is. Oh, by the way, we never sent the same communication to any two newsletters. They were all customers. So they had integrity. Because a lot of these newsletters, not unlike a lot of the email lists, were multiple subscribed. And if you have the same rhetoric, it looks very crass, but there's just a lot of deeper strategic thinking that's possible. And I over talked.
No, no, but there's always more underneath the surface. That's why people that just try to knock off a certain particular ad or promotion and don't really see everything that's going on.
Agreed.
And when you make so much of your marketing, just the public thing and you're not doing the relationship building stuff. We had Dre Redfern talk about direct mail. 27 year old guy here in the audience who of course you know you're friends with Andrew.
Yeah. Dorian.
Yeah. And so basically 27 years old, expert in, in direct mail. And the beauty of. I became one of the highest paid speakers in the world in the niche of carpet cleaners where no one knew who the hell I was. But it was all. And I had all these people that would try to knock off my ads, but they didn't see all the direct mail.
It was.
It's like, it's so stealth, it's so under the radar, as are many marketing things. People just cannot see them in the surface. And that's why, if you understand what you're talking about here, it's like a positive iceberg. Yeah, yeah. I mean it's just, it's such a, such an advantage. Damon, you've seen a bazillion business models. You've seen a bazillion business models. What's the most impressive business model that you've ever seen and why?
It's tough to say that. What's the most important impressive.
How about depressive?
Depressive? What's the shittiest business model you've ever seen?
Oh, I've seen a lot of those, you know, pre baked in customers that there is some level of subscription that they feel that there is of course a need or a desire to come back. Of course, we've seen it work many times. In a pharmacy, pharmaceutical space. But you know, today, and we're seeing it, and let's just talk about today, I see that the subscription models are extremely powerful. We all know that for various reasons here, many people too lazy to take them off of the. To get off the subscription model if they are not being serviced correctly. I think the data is extremely important. I think the reduction of giving, gambling on inventory is extremely important. The fact that you're getting full margin instead of going through some level of distribution, so you're going all the way there. That to me. And it can change of course what you're subscribing to or you can add more levels of what people are subscribing to. So. And I know many people here do that for a living. That is still to me, I find the most valuable business model at the end of the day.
Great, great.
Thank you.
I'm going to give you a offensive, politically incorrect answer.
Oh, how dare you.
I. I dare you want to double dare me?
I'll double dare you.
So. But I'm going to give it to you because I was trained by people so much brighter than I on how to deploy, redeploy, repurpose, the same thing, how to, how to give it life when it was already dead, how to re. Monetize it. And I think probably the greatest business model, although it's disgusting and repugnant, is meat packing.
Meat packing, yeah.
Because they figure how to use every part of the animal in a productive way.
Interesting. That's the last thing I ever would have thought of.
Yeah, Think about it. Yeah.
Talk about repurposing, huh? Yeah. So get yourself a little sausage factory is what you're.
I mean I can give you some really cool current ones, but if you think about it, I mean I've been trained in optimization, highest and best use theory, redeployment of assets. And most people don't have a clue. All that can be done with what you've got, what you what, what you don't think you have relationships, segments of your audience, crap, you're inactive buyers, people who didn't buy. And I just like to see things where they figured out how to monetize and maximize and utilize and optimize every facet and it's a gross proficiency.
You're saying that they should walk away with always thinking like the meat business, like how to use the whole thing.
Yeah, it's a metaphor. I'm not trying to say go.
No, I get it, I get it.
But as a metaphor, you know, it's Most of you have. Just as an encouragement, not an admonishment. I would be hard pressed. I would bet a lot of money every one of you has within your existing buyer list, relationship list, distribution, media prospect, email, your visitation.
How do you use the whole. So, so using the whole pig or cow. I get it, the poor, the poor thing has been cut up, right? But now when we're talking about our customer base, right. How do you, whether it's the mailing list and everything else, how do you not exhaust that one person? Because now they're getting hit from various different directions. See, the cow or the pig's already dead. Right. So. And I want to exercise my mind.
As well as you want me to answer it?
Yeah, sure.
Okay, sure. All right, cool. He's setting me up. He thinks I'm going to fail.
I know you're not. That's what. But I want to walk away here with some.
So let me give you context. All right? So you have a product or a service and you have a type of a market that comes to you to buy it. They. I always ask what else do they buy before, during and after? What all do they buy instead? What all does that decision maker buy transcendent to what you do? How many ways can you take what you've got and add to the front end a modest way to start more people, to the back end a more expensive and advanced upgrade? How many other services can you help them with that on their own? They aren't going to make good choices. If you've got, if you're not national or if there's a related business, how can you take what you've done and either partner with someone else in a different market or a different industry and license or profit share. If you're in a business, how can you find people that got stuff you can borrow over? I mean, I can go on and on and on and on.
I know, but that's, that's what I wanted to hear from.
Oh, he was trying to make me look good. Thanks.
But I want to. But I want to say one thing and I want to say one thing and the reason why I did it. So first of all, I'd like to thank Jay and the one thing, Joe, for helping me. But I promise you, and I'm not lying, I am not getting paid for being here today. And I would give up the world to be here today because of the value that I've learned and who. One of my guys here had called, called me and said, should I come here and why should I Come here. There you go, right there. And you do all the stuff with Barbara, right? Barbara Corcoran and all the commercials and stuff. And I told you what was my answer. It was the top two or three things events like this in the world to do, period. And the reason why I'm here, and we've all. I know most of the people have books here. I haven't made any money off the book, so don't think it was to sell the book. When you, you teach entrepreneurship and most of us here have curriculums and or something that it teaches entrepreneurship, it changes the world. And that's the reason why I wrote the book and that's the reason why I'm here, because I believe that every single person here kind of like the Kickstarter idea where you see these successes because somebody who's made it, they pay it forward. I believe that the people that I meet here, I learn from, greatly learn from, but then they go out and they educate people. And I always joke with, there's no difference than me or you. It's just that I have a camera on me. So thank you everybody who has helped share the network. Every time that I've asked Joe or Jay Abraham for anything, the clock has not been on. They have been very, very gracious to me, and I've been on many of your podcasts out there, and any way that we can pay it forward with you and vice versa, you know, just let us know.
He's wonderful. And that book, I've just enraptured with it and think it'll. It should be a perennial because it's got such enduring value, goodness, inspiration and clarity and actionability. So I've spent my life looking at every kind of business imaginable, and I can promise all of you that within the realm of what you're doing, where you're doing, how you're doing it, who you're doing it with, what your message is, what your product line is, you have enormously under optimized capacity without spending any more time, money, effort, and I urge you to not look outside until you first maximize inside. When we work with a client, it's not a crass thing for me working with you guys. I'm just telling what we do. First thing we do is look at everything they're doing, how it's doing, why they're doing it, and what can be done to make it do better. Even I think it's crazier than crap because it's driving the business. And you make something that's pulling x do 4x and you figure out seven elements in there. Now you free up $40,000 that can be used to now test and add either enhancements, replacements, additions. And there's a very simple, very safe, very non threatening process that you all should consider. And I am a great benefactor to entrepreneurs whether I profit from them or not, because I agree with Damon. I'm on the World Bank's President's Council for entrepreneurship and they made a point one day, same thing Damon's saying. First of all, entrepreneurship is the lifeblood of any vibrant country, culture, economy. But more important, it grows the big businesses. But more important in the third world countries, if you help somebody who's making $50 a month, make 150 and you do that for enough people, it transforms the entire security, the entire stability, the entire. And you, and you're, and you're investing in the futures of their children. They're, you're right. There's, you know, there's a lot of wonderful things that come from contribution.
Okay.
I hope you found that video awesome and useful. So if you want to get a free copy of my book, I want you to click here. And if you want to watch some more videos that will be useful and awesome, click here. Go ahead. They're over here. Do it now. Come on. Thank you. Watch them.
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