Horses For Courses Leads To Product Success
You're now listening to Hack & Grow Rich with Shaahin Cheyene and his co-host Bart Baggett. Yeah, one of the interesting things that I think most people don't understand is that you don't have to be a graphic designer to have great art. Similarly, with technology, you just need to be able to hire specialized knowledge. There are lots of people smarter than me who know how to do engineering, who know how to build the parts of the device, and one of the things now I'm looking at this, which is super interesting, which I don't know if they're doing now is that I made sure that none of the parts of this device that we built came in touch with the plastic components of it because I didn't believe in heating the plastic. So if you look inside the device this is all-ceramic. So we built ceramic. There's glass, there's steel inside here. I'm going through this, so I'm looking at this. I'm like dude, I did a great job building this thing. It was a nice device to build but you can hire people, so anytime you want to build anything there are people out there nerds who live on that technology kind of thing and they'd love to do that without burning yet.
Fundamentals – Food, Clothes And Shelter – Eternal Cash Cows
You're now listening to Hack & Grow Rich with Shaahin Cheyene and his co-host Bart Baggett. Cash flow positive real estate. I know you're in Canada. Canada is in a boom right now with real estate. Yeah, but you need to learn about real estate and get some involvement, some exposure. To real estate, that's producing cash flow. People will always need shelter, always need shelters like food and water. People will always need shelter and you in the long term will create wealth doing that.
Subtle Art of Not Taking Yourself Too Seriously To Succeed
You're now listening to Hack & Grow Rich with Shaahin Cheyene and his co-host Bart Baggett. We mustn't take ourselves too seriously. That's the problem with most people. Seriousness is a disease. Most people have a pole up there. You know what, and they're walking around with all these levels of seriousness and all this projection of themselves. And that's why I do stuff like that. I try to do some silly thing, make a prank, call a friend and make them laugh. Do something silly and unexpected every day because it breaks me out of that thing. It breaks you out of the traps of the ego of the belief that all this is is real that all this is all there is.
Blink And You Will Be Eaten, Think And You Will Stay Ahead
So I had another quote for you, um but then when I saw this quote uh I was like well let's make this the quote of the episode - While you are sleeping, your enemies are planning your demise. So what does this mean to you? Everyone's too fragile. Everybody has thin skin. Everybody's thinking man maybe I won't get first place. I'll win a consolation prize. I'll win second place. All you know I don't I can just take it easy. Whatever you're thinking right now, google it. 50,000 people are thinking it. Whatever you want to do, there are a million people out there better than you who could do it and if you close your eyes in the time it takes you to blink, there are 50 other guys who were just waiting for that opportunity to take over your share of the market.
Crush The Box To Lead Your Competition
And what we teach is that nobody wins by playing the game the way they tell you to play it. Big resellers, e-commerce giants like Amazon, I teach this course called amazon mastery where I teach people how to make predictable recurring revenue on the amazon platform. I teach people how to find products, sell them on the Amazon platform and what they want you to believe is they want you to believe that if you are a good little boy Joseph Jaffe and you follow their rules you are going to be just fine.
Broad Stroked Or Specialist? – What’s Your Game?
People who do impossible things and leaders are generally broad-stroke guys, and I mean by that part is that they don't tend to get overwhelmed by the details. The people who are generally not hugely successful are far more concerned about the specialization and the this and the that and the little details of things, which is why rocket scientists aren't the wealthiest people in the world.
No Room For Safety Or Comfort. Get Going Relentlessly
You can't cultivate that in a very safe comfy thing. If somebody calls you something and your word for yourself is something different and all of a sudden you melt because you thought you were special like a snowflake. The world doesn't work that way. You can create bubbles that work that way but it's not going to make you stronger. It's not going to make you more resilient and we're not going to change the world, change the planet, impact people around us, create great stuff and great stories by falling into that narrative. What you do is you pick yourself up you say good shot let's go again or you pick yourself up and you say is that all you have? Really?
Money Talks And Wealth Whispers
A friend of mine used to say wealth is better made quietly and I learned that the second and third time around, believe me, I learned that after making hundreds of millions of dollars and losing hundreds of millions of dollars and having to reinvent myself several times over. I learned that it's better that way. And, you know, the people that have the real wealth, you might not ever even hear about them. They're not out there, you know, shining the shiny things or chasing the shiny things because they're too busy making money.
Doing A Job Or Creating Jobs? Become An Amazon Entrepreneur
Just so you guys know you don't have to spend any money to start an Amazon business. To launch your business on amazon we teach you how to get reviews, how to get your product rank, how to find a product. The number one problem that people have on amazon, they're like dude I want to sell on amazon. I see everyone's making money. I hear the stories. I watch the videos but I just don't have a product and I tell people that's the best place to be. Just so you guys know you don't have to spend any money to start an Amazon business, to launch your business on Amazon. We teach you how to get reviews, how to get your product ranked how to.
Are You A Leader Or A Micro Manager?
People who do impossible things, people that are leaders are generally broad-stroke guys and what I mean by that part is that they don't tend to get overwhelmed by the details. The people who are generally not hugely successful are far more concerned about the specialization and the this and the that and the little details of things which is the reason why rocket scientists aren't the wealthiest people in the world.
Qualities That Make You Mentally Tough
I think part of having a certain level of grit and stick-to-itiveness but also the quality of being relentless. Since I was a kid I was always picked on when we came to this country. It was during the Iran-contra scandal. Iran was not in favor. People did not like the Iranian people. We got called all kinds of names. I had my ass handed to me every day at school. Every day it was like going for a beating and it wasn't like now.
If You Want To Win, Forget Plan B
It's I know exactly that burn the ship's mentality, the focus, the clarity and the like you said purity you know what I mean. It creates like there's like um I think I think what it is is you know when you have that there's no safety net, there's no plan B and it just becomes like right.
Keep Heating The Eggs Well, You Will Get Your Omelet
I was making pills for 25 cents and selling them for 20 dollars all day long but it just goes to your point of that attitude where I didn’t give a. It didn’t matter. I wasn’t chasing the money.
Avoiding The Investor Accountability Trap
Yeah, distribution first is a key. One that we talked about. We had great distribution with vape here. The other one was if you can help it don’t take investors. I was all excited about people wanting to invest in my company and putting money in my company and then I realized that oh dude I’ve got like 14. I’ve got to answer to now and that really was a difficult time for me and then when it came time to sell the company and have a nice exit and sell to another firm I realized that I was being held back by investors that couldn’t agree.
Driving Your Core Mission Over Pomp Showbiz Marketing
I don’t have one of these big courses and I’m not one of these dudes that’s like check out my lambo check out like the babes in my yacht and like my mega mansions and like all that right. We I do this for a living. We make millions of dollars a year selling on amazon. It’s well documented. I’m many times over a millionaire. I no longer need the money but I do it because I like empowering people.
Following Your Passion Or Parents’ Dreams?
We just have a different mindset than say someone's growing up here in a more comfortable life. It's like we our parents came here to make a better life for their kids not for themselves. They knew that hopefully being in America would present more opportunities and for your parents it was hey go be a doctor, go be the Jewish person out there with the nine to five working all day.
Selling Your Story Or Products?
I think in general I’ll tell you the number one problem that most entrepreneurs have and that’s that they have the old way of thinking. Most entrepreneurs think to themselves dude I’m gonna Randy, I’m gonna go out there and create a better mousetrap and the world that’s going to beat its way to my door and quickly they learn that in this world of social media and all these types of things that nobody gives a that you have a better mousetrap.
Developing Influence And Discipline
But we’re making micro moves to get ourselves in a better position or in a less shitty position depending on where you’re at. Until you can you can achieve freedom and at the end of the day, you’ve got to have an unshakable self-belief as Richard Koch talks about in his book Unreasonable Success and how to achieve it.