
As you age, time feels faster, so you underestimate what's possible over a decade. The speaker sold half his company for $200 million, kept the other half, and built 33 more by mastering one business before starting the next and maintaining concentrated ownership instead of splitting focus.
Chapters
How many find that as you've gotten older, time goes a lot faster than it used to? Most people overestimate what they're going to do in a year. They set these giant goals for the year, but they underestimate what they can do in a decade or two or three. And that sounds like a long time. 10 years from now will surely arrive. The question is, where will you be? Who will you be 10 years from now? 'Cause it's gonna go like that. And perhaps now's the time to make that happen. And what's gonna determine what really happens is the beliefs you adopt. 'Cause the beliefs are gonna determine whether you actually do the shit I'm showing you. And by the way, I sold half of that company for $200 million about 4 years ago. And I still got another half and the company keeps growing geometrically. I'll make a billion dollars out of that business alone. And I have 33 other companies. And what do you think that did in my ability to make the other companies more successful? 'Cause once I truly had mastered this business, I didn't run and start another business because this one wasn't giving me enough. I stayed with this little bastard till I figured it out. And then I grew it and grew it, and then I leveraged it and managed it as an owner. And now as a true owner, I could do that with another business. What most of you've done is you've got a child and you go get another child and another child, and all 3 children are suffering. Have the concentration of your power or you're never gonna succeed with a split focus.
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