1 00:00:00,040 --> 00:00:01,440 Welcome to today's episode. 2 00:00:01,960 --> 00:00:05,800 Let's dive right into the concept of leveraging limitation as a strategic 3 00:00:05,800 --> 00:00:09,940 advantage, a perspective that has been pivotal in my financial success. 4 00:00:10,740 --> 00:00:12,420 Constraints are not impediments. 5 00:00:12,520 --> 00:00:14,420 They are catalysts for innovation and focus. 6 00:00:15,520 --> 00:00:17,160 During my journey, I imposed artificial constraints on my ventures, like 7 00:00:17,160 --> 00:00:22,660 limiting startup capital or setting ambitious deadlines. 8 00:00:23,340 --> 00:00:24,799 It's not about massagecism. 9 00:00:25,160 --> 00:00:29,440 It's about clarity when you have less, you prioritize ruthlessly 10 00:00:29,480 --> 00:00:31,100 and improvise more creatively. 11 00:00:31,580 --> 00:00:35,439 Conventional advice suggests to diversify, yet I chose a different path. 12 00:00:36,119 --> 00:00:38,740 Specialization was the keystone of my approach. 13 00:00:39,000 --> 00:00:42,299 The temptation to cast a wide net is strong, but mastery in a 14 00:00:42,299 --> 00:00:43,919 niche, grants a competitive moat. 15 00:00:44,320 --> 00:00:45,720 I honed in on one field. 16 00:00:46,060 --> 00:00:48,939 Mastered it and then monetized my expertise. 17 00:00:49,400 --> 00:00:53,060 The narrower your focus, the deeper your understanding grows and 18 00:00:53,060 --> 00:00:55,060 depth is where true value lies. 19 00:00:55,520 --> 00:00:59,419 A well-known saying goes Jack of all trades, master of none, but few 20 00:00:59,419 --> 00:01:02,700 remember the rest, but oftentimes better than master of one. 21 00:01:03,799 --> 00:01:06,919 I say, be the master of one until the one becomes lucrative. 22 00:01:07,620 --> 00:01:08,980 Another unpopular belief. 23 00:01:09,220 --> 00:01:10,820 I scaled businesses slowly. 24 00:01:11,400 --> 00:01:14,180 The startup world idolizes rapid growth, but I found 25 00:01:14,180 --> 00:01:15,860 measured steps more sustainable. 26 00:01:16,260 --> 00:01:19,339 While my peers sprinted I paste refining my product and 27 00:01:19,339 --> 00:01:21,080 understanding my customers deeply. 28 00:01:21,680 --> 00:01:25,139 This slow growth built a resilient foundation, which meant I could 29 00:01:25,139 --> 00:01:26,199 weather storms that others. 30 00:01:27,940 --> 00:01:29,279 In the hair and tortoise tail. 31 00:01:29,360 --> 00:01:32,180 Remember the tortoise one on hiring. 32 00:01:32,239 --> 00:01:34,800 I never sought the best by conventional standards. 33 00:01:35,160 --> 00:01:38,599 I looked for the obsessed passion Trump's pedigree in my book. 34 00:01:39,120 --> 00:01:42,239 The person captivated by the problem at hand will outperform the Ivy 35 00:01:42,239 --> 00:01:45,480 league graduate hire for fit and train for skill. 36 00:01:46,059 --> 00:01:47,800 Now let's talk about personal habits. 37 00:01:48,639 --> 00:01:52,160 I limit decision-making in irrelevant areas each day. 38 00:01:52,820 --> 00:01:55,379 I wear similar clothes and eat similar meals. 39 00:01:55,839 --> 00:01:59,279 It frees cognitive resources for crucial business decisions. 40 00:01:59,800 --> 00:02:02,959 It might sound trivial, but decision fatigue is real. 41 00:02:03,519 --> 00:02:05,800 And protecting your mental bandwidth is paramount. 42 00:02:06,379 --> 00:02:07,459 In finance too. 43 00:02:07,559 --> 00:02:08,679 I go against the grain. 44 00:02:09,160 --> 00:02:13,300 I don't touch trends like cryptocurrencies or NFTs, not because they don't hold 45 00:02:13,300 --> 00:02:15,399 promise, but the noise is deafening. 46 00:02:16,100 --> 00:02:19,720 I invest where I understand the value proposition, in assets with 47 00:02:19,720 --> 00:02:21,839 inherent and understandable value. 48 00:02:21,960 --> 00:02:26,160 The old school might seem outmoded, but there's wisdom in stability. 49 00:02:26,880 --> 00:02:31,100 In closing, remember that the entrepreneurial path is not one size fits 50 00:02:31,100 --> 00:02:36,339 all. Question the status quo, not for the sake of being contrary, but with the 51 00:02:36,339 --> 00:02:39,880 intent to find what aligns with your unique vision and capability. 52 00:02:40,520 --> 00:02:44,100 Apply your resources where they can be leveraged best, even if it means 53 00:02:44,100 --> 00:02:45,660 going against popular trends. 54 00:02:46,800 --> 00:02:48,119 Thank you for joining me today. 55 00:02:48,679 --> 00:02:52,259 If this episode has been valuable to you, I encourage you to subscribe 56 00:02:52,300 --> 00:02:54,160 and share it with other entrepreneurs. 57 00:02:54,779 --> 00:02:59,380 There's strength in numbers, especially with like minded individuals committed 58 00:02:59,380 --> 00:03:02,179 to the pursuit of excellence in their own unique way. 59 00:03:03,080 --> 00:03:07,580 Until next time, keep innovating, keep learning, and keep pushing the 60 00:03:07,580 --> 00:03:09,880 boundaries of what you believe is possible.