MBA1654 5 Things I Learned From 5 People in 2020

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It's time for Dell Tech Day's annual sales event celebrating our customers with fantastic deals and benefits. Perks include Dell rewards, free shipping, premium Support and more. PCs like the Dell 14 with Intel Core Ultra processors will help you do more faster and with a premium suite of monitors and accessories, you can upgrade your whole setup with amazing savings. Visit Dell.com deals. Hey O. Welcome to the Hundred Dollar MBA show, your daily business boot camp every single day with our daily 10 minute business lessons for the real world. I'm your host, your coach, your teacher Omar Zenholm. I'm also the co founder of the Hundred Dollar MBA, a complete business training and community online over at 100mba.net and in today's episode you will learn five things I've learned from five people in 2020. This is an episode, a topic that I cover every single year. And boy is 2020 an interesting year. Despite all the challenges we've all experienced, we can always look back and ask ourselves what did we learn? And today I want to share with you what I've learned from five people that I've gotten to know, gone to learn from in this year. I'll share with you who they are, what they do and what I learned. Every time I do this I am fascinated by how many smart, intelligent, incredible people are around us in this world. This is why it's so important as an entrepreneur to network, to get to know people. It's impossible to create a significant business, an important business, a successful one, without the help of other people. And they don't have to be team members, they don't have to be co founders, they could just be friends that inspire you we got a lot to cover in today's episode. So let's get into it. Let's get down to business. Let's jump right into it. Five things I've learned from five people in 2020. The first person I want to share with you is Dale Beaumont. I have the pleasure to call Dale a friend. He's the founder of Business Blueprint here in Australia, and he's incredible. Not only has he built an incredible business, he is huge here. He is one of the biggest thought leaders when it comes to business and leadership here, Australia and beyond Australia, around the world. But what I learned from him, actually, is the fact that he is so, so generous. I've gotten to know him over the last couple of years. We've had dinners together, we have lunches. I've had the pleasure to speak at his events. But despite the fact that Dale is incredibly busy, he runs a huge, huge business and helps hundreds and thousands of business owners build their business and grow. And he has a large network, yet he makes time to check up on me, to send me a message, to invite me to his house for dinner. And there's something about generosity that makes a lasting impression. It's more impressive than anything else. It's more impressive than somebody's accolades or if you think they're confident or if they're good conversationalists. I'm so impressed by how generous Dale is. He's such a giver that it compels me to want to help him, want to be as generous as him, not only to him, but with other people. And he really breaks that stereotype that, you know, successful people are jerks and arrogant. He is the exact opposite of that stereotype. And I think, in my opinion, it's the reason why he's been so successful. He gives, and therefore he receives. Even though he is what I consider highly, highly successful in business, he's still interested in learning and meeting new people, and he gives them the time of day. I find it incredibly inspiring that, you know, with all his success, he's still super humble. The next person that I Learned from in 2020 is Taki Moore. I've gotten to know Taki in the last couple of years. He's the founder of Million Dollar Coach, and he's basically the biggest coaches coach in all the biggest coaches in the world. Have heard of Taki, have taken his training, are part of his community called black belt in the coaching world. Taki is a big deal. Now, the interesting thing is that I got to know Taki as a person through dinners Before I even looked into his books or into his materials or his videos online, it's usually the opposite, right? But when I did look into his materials, his book is very, very good. I highly recommend it, and I'll probably be doing a must read on it soon called Million Dollar Coach. When I looked into his videos, I found his style and his delivery of content very interesting, very original, and very disarming. I am a big, big lover of great teachers. If you're a great teacher, I have a lot of respect for you. I come from a teaching background, as many of you know. I was a high school university teacher for 13 years. A lot of times, I would say most of the time when I go online and look at online marketers or online personalities or coaches, they're not the best teachers in my eyes. I'm a little judgy there because I know I have that experience. I was a teacher trainer for a very long time, so I know a good teacher when I see one. Taki is a great teacher. I actually want you to go out and check out his materials. Go follow him on Facebook or Twitter or wherever he's at and check his videos. The way he explains things is actually really well done. The one takeaway I want to share with you is he talks to his clients. He talks to his audience, his customers, and potential customers, like friends. It's very informal. It's very friendly. It's not official. He's not trying to make you feel like he's like this super duper guru. He's not pounding on his chest and say, listen to me, I'm the authority. In fact, he actually gets his authority through his clients. Most of the praise and the authority he gains in his sessions is through sharing the success stories of his clients and being their biggest cheerleader. So go ahead and check out Taki's materials and see what a great teacher looks like. The next person that I learned from in 2020 is Todd Herman, who is the author of the Alter Ego Effect. This is a fantastic book and a fantastic concept that reinforces an idea that you are in control of how you show up to all things in life. And you are not the same person in every situation. A lot of us, we think that, but the reality is, no, you act differently with your parents versus your friends versus your nieces and nephews versus your high school friends. You have a different ego, a different personality. So what if you applied that skill to different parts of your business and your work so you could show up the way you want to show up, show up like the hero you want to show up. It's a great concept because we're all familiar with it. We've experienced this in life, but we haven't applied it to our advantage. So check out the Alter Ego Effect by Todd Herman. Learned a ton from him. The fourth person I want to share with you is Ryan Holiday. And I learned something incredibly important, something that we all know, but he really drilled it home. I've known Ryan Holiday and his work for quite some time. I wouldn't consider us friends. We know each other just via email. We've had a few exchanges and I've seen him speak live in person recently at a conference in January. One of his books is called Perennial Seller and one of the things he really drills home in this concept in his speeches about this book is how do you build a business that lasts? How do you build a business that is a household name that has viral marketing built in because of of the word of mouth marketing that happens? And here's the biggest takeaway I learned from ryan holiday in 2020 it's if you want to build a business that lasts a lifetime, that lasts 10, 20, 30, 40 years, you can't take shortcuts. You have to. You have to have great quality products and a great quality experience for your your customers. At the end of the day, if whatever your customers experience is not the best that they've experienced, they will just forget you and they'll shop around. Let me give you an example. When I dress up, quote unquote for dinner, I wear a pair of slacks or chinos called Bonobos. It's a brand called Bonobos and the way they cut their pants, it fits really well. For people that are tall or thin, it's not too baggy in the bum. You know, it just makes me feel good when I wear these pants and they last such a long time. Like I've had the same pants for over six years and they look like new. Even after several, several, several washes, they're super comfortable. And I don't buy any other kind of pants because of this. I've never experienced a pair of pants of this quality and of this type of experience or satisfaction. So I'm really happy with this product. And it's because they didn't cut corners. They really use high quality materials. The cuts and the designs are really well thought out and therefore I will buy their clothing. I have my sizes saved in their system and I will reorder a pair of pants every single time. I don't even hesitate. I don't even think about it. I don't shop around. I need a new pair of pants. I go to bonobos. And that's what Ryan Holiday is talking about. To be a perennial seller, to be around forever, you have to have a really high quality product and not cut corners. I got more on today's five things I learned from five people. But before that, let me give love to today's sponsor.

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