You should have your own TV show, pick some people at random, give them some start-up capital and access to Rossi Groups products and/or services and follow their journey with your mentoring. Then do an overview of why the succeeded or failed and what they could have done differently.
James i've joined your Entrepreneur's University, I built a business from £0 to £3million very quickly but have been stuck on this ledge of the mountainside for 5 years now, zero growth not matter what I do. Your EU is my last chance saloon - it's all riding on you now James! (And me of course!)
Get on my podcast Apply it’s free and you’ll have a convo with me. Https://podcasts.apple.com/gb/podcast/james-sinclairs-business-broadcast-podcast/id1495894637
I'm not sure that people don't want to commit to a ten year plan because of a lack of patience. It's more like the uncertainty that comes with it. How do I fund the business, do I know what I'm doing, what if it's not successful, how can I balance starting it with a full-time job. There's a huge leap of faith involved for the first-time entrepreneur. If people knew they would be successful, they would do it. The reality is though you can blow a bunch of time, money and effort and still not achieve your goals. That would be interesting content actually. You mentor an aspiring entrepreneur, somebody with an unrelated full-time job, little capital and follow their start-up over a 1-2 year period.
This is such an archaic old skool. 80s and 90s mentality of building wealth. With the interenet you can smash scale fast. Keep reinvesting in scale pull some out for lifestlye. Then sell or keep scaling etc. This property decades approach is good if our life expectancy was 150. Who wants to be old with money etc. This guy boasts about 1000 staff that's once again a 80 90s mindset. A product on Tiktok just sold 6.6 million dollars worth with 4 staff. I know guy runs email bix sub 20 staff 22 mil. Revenue 70% profit. This guy advice is great if living in 80s and 90s compounding be rich when old mindset hire tonnes of staff... Some course sellers do 5mik a year on their own with like 2vas. Bascaemp is a saas was doing 50 mil in revenue with sub 39 staff. Reason why silicon valley hates physical biz to invest in as takes decades tonnes of staff to hit scale. This guy old skool hustle run around mentality. Even tate love or hate him is making 10 mil profit a month! With 150k students. Did that in 2 years no cost of acqusition. This guy will never hit 10 mil a month. He's great guy but with outdated advice
This is great advice- quick question, what sort of slow pounds are the best in this current economic environment? should I go for property or invest in stable, diverse stocks (snp500 etc) or something else?
No serious person will ever tell you where to invest. They may, perhaps, tell you where THEY invest. But don't trust them simply for telling you. Trust evidence that they did what they said they did.
Investing in property? Most people in Canada did think that idea is great until they reached this situation right now where the value of property drops. Sorry for my bad English.
Correct. Property Bubble - what worked until now, won't work into infinity. Logic 101. Wait until historically recurring economic phenomena destroy our pre-2008 way of thought (that stupidly persists because we have simply been kicking the can down the road ever since).
"For some people it always runs out, for some people it never runs out". I employ 18 people and they all earn similar amount of money. From my bird's eye view I see a few of them moving up the property ladder and having foreign holidays and never worrying about money, and the rest borrowing money all the time and saying they literally cannot afford to survive blah blah, it's amazing to see.
I saw a video of @JamesSinclairEntrepreneur speaking with @MikeWinnet when I was in the very early stages with my business. That really helped me and there are some real gems in that video. Followed James since and his content is always spot on.
3 reasons people don’t become wealthy : hard work, sacrifice and time
You should have your own TV show, pick some people at random, give them some start-up capital and access to Rossi Groups products and/or services and follow their journey with your mentoring.
Then do an overview of why the succeeded or failed and what they could have done differently.
James i've joined your Entrepreneur's University, I built a business from £0 to £3million very quickly but have been stuck on this ledge of the mountainside for 5 years now, zero growth not matter what I do. Your EU is my last chance saloon - it's all riding on you now James! (And me of course!)
Get on my podcast
Apply it’s free and you’ll have a convo with me.
Https://podcasts.apple.com/gb/podcast/james-sinclairs-business-broadcast-podcast/id1495894637
Top drawer as always!
I'm not sure that people don't want to commit to a ten year plan because of a lack of patience.
It's more like the uncertainty that comes with it. How do I fund the business, do I know what I'm doing, what if it's not successful, how can I balance starting it with a full-time job. There's a huge leap of faith involved for the first-time entrepreneur.
If people knew they would be successful, they would do it. The reality is though you can blow a bunch of time, money and effort and still not achieve your goals.
That would be interesting content actually. You mentor an aspiring entrepreneur, somebody with an unrelated full-time job, little capital and follow their start-up over a 1-2 year period.
Last paragraph- that would be awesome!
A trick could be to get a low stress job that leaves you time to explore ideas, experiment and grow a business. That's what I plan to do
Brilliant
Financial Literacy series: th-cam.com/video/R-fQF5HTt6E/w-d-xo.html
This is such an archaic old skool. 80s and 90s mentality of building wealth.
With the interenet you can smash scale fast. Keep reinvesting in scale pull some out for lifestlye. Then sell or keep scaling etc. This property decades approach is good if our life expectancy was 150. Who wants to be old with money etc.
This guy boasts about 1000 staff that's once again a 80 90s mindset.
A product on Tiktok just sold 6.6 million dollars worth with 4 staff. I know guy runs email bix sub 20 staff 22 mil. Revenue 70% profit.
This guy advice is great if living in 80s and 90s compounding be rich when old mindset hire tonnes of staff...
Some course sellers do 5mik a year on their own with like 2vas.
Bascaemp is a saas was doing 50 mil in revenue with sub 39 staff.
Reason why silicon valley hates physical biz to invest in as takes decades tonnes of staff to hit scale.
This guy old skool hustle run around mentality.
Even tate love or hate him is making 10 mil profit a month! With 150k students. Did that in 2 years no cost of acqusition.
This guy will never hit 10 mil a month.
He's great guy but with outdated advice
Tate is a scammer with no morals.
Hi James, you're a director of just one small company on companies house. How does this work when you have so many businesses?
I wish. Last time I checked I was registered with 17 companies on Companies House.
Hi James, how can I speak with yourself? I just want some advise please
This is great advice- quick question, what sort of slow pounds are the best in this current economic environment? should I go for property or invest in stable, diverse stocks (snp500 etc) or something else?
No serious person will ever tell you where to invest. They may, perhaps, tell you where THEY invest. But don't trust them simply for telling you. Trust evidence that they did what they said they did.
Thank you
James - you should know me. Rupert
Investing in property? Most people in Canada did think that idea is great until they reached this situation right now where the value of property drops. Sorry for my bad English.
Correct. Property Bubble - what worked until now, won't work into infinity. Logic 101. Wait until historically recurring economic phenomena destroy our pre-2008 way of thought (that stupidly persists because we have simply been kicking the can down the road ever since).
1st
more great insights, great video!
"For some people it always runs out, for some people it never runs out". I employ 18 people and they all earn similar amount of money. From my bird's eye view I see a few of them moving up the property ladder and having foreign holidays and never worrying about money, and the rest borrowing money all the time and saying they literally cannot afford to survive blah blah, it's amazing to see.
Thanks James
He got the juice
This is one of your best videos yet James!
This is the best advice I’ve heard in a long time. Great stuff !
well said.... 🎯
Use 50% of your income to buy income generating assets.
If only I’d watched this 20 years ago
I saw a video of @JamesSinclairEntrepreneur speaking with @MikeWinnet when I was in the very early stages with my business. That really helped me and there are some real gems in that video. Followed James since and his content is always spot on.