A short spoken talk (YouTube) in which the speaker shares a personal "scorecard" used to evaluate entrepreneurial opportunities. The scorecard centers on four freedoms—time (ability to choose work and leisure), money (uncapped earnings/retain earnings), relationships (work with preferred people, avoid client drama), and purpose (business as a vehicle for personal mission). The speaker uses this scorecard as a decision filter for pursuing projects and scaling the business.
Foreign. So this, this is the scorecard that I use for myself personally. So it's not easy to be an entrepreneur, you know, so there's. We're taking these risks and it's kind of a lonely world at times, and people think we're crazy. And, you know, we left some cozy corporate jobs in some cases to do this work and all that, but this is the opportunity that you have that others just don't have the ability for you to craft your life in a way to build out your business in a way where you can have freedom of time. You want to spend your working life doing what you really enjoy doing. You also want the freedom to spend time not working so you can have a full life and pursue your other interests. Okay, so that's one score in the scorecard. Freedom of money. You don't want a ceiling on how much money you can make for doing a great job, for coming up with valuable new solutions or inventions. If your efforts generate money, you don't want anyone dictating how much of that money you can keep. Right? So we take big risks, but we have big rewards as entrepreneurs. Freedom of relationships, right? The whole reason to build this thing out like a business where you don't have to be drag drug into, if that's even a word. You know, you're not dragged into every personal drama that your clients have. You know, that's the motivation that I had to get out of production and to leverage myself into operating, you know, a business. And so freedom of relationships. There are certain people you love working with both inside and outside of your business. You want to spend more and more of your time surrounded just by these people you click with, whom you appreciate, who you appreciate you. And then finally, freedom of purpose. Your business is not just a job or career. It's actually a vehicle to all sorts of things that relate to your fundamental sense of purpose for being on this planet. So that's just the scorecard that I use. I use this in a lot of decisions. You know, if, if something's not going to. Going to give me more freedom of time, money, relationships and purpose, then I'm not going to pursue it. So that was a tough thing about, you know, the expansion plans. As long as I can do all of that and, you know, not have less time, less money, you know, I don't want to hang out with people I don't want to hang out with, and I want my purpose expanded so those. I'm building that out in a way where I'm not gonna have to, you know, you know, sacrifice any of those.
