First Of Its Kind Vaporizer That Disrupted The Market
You're now listening to Hack & Grow Rich with Shaahin Cheyene and his co-host Bart Baggett. And the first portable digital vaporizer. What year are we talking about? This one was probably late 90s early 2000, I think maybe 2000. I came out with this maybe somewhere around there and you'll notice that our patent is this drawer that pulls out and you would put your herbs in a disc. The disc goes in there, that was another one of my patents was herbs on disk and then you put it in here. And I mean this one, yeah, clearly it doesn't work. This is, you know, 20 years old or something but yeah, and then there's a digital readout. The first of its kind and you would inhale through here or through a tube that you put in there and then I remember, yeah, I mean we used all kinds of fancy things like LEDs were not a thing. We used them. There are cobwebs in here. How funny. When I was very big on building this and this feels like, it feels like a nice device. But the point is that we had two parts to our patents, one was being able to remove the plant matter from the heat source to prevent it from getting burned manually and the second was a digital temperature readout that allowed us to control the temperature with a thermoregulator so that the plants it was all around. You don't want to burn these plants. So you want to do it at a low temperature.
Hone Your Natural Skills, Rent The Rest
You look at somebody one of my all-time heroes of all time. Is this guy Alan Watts? Alan Watts was a philosopher. Are you familiar with Alan Watts at all? Yeah, Alan Watts was a philosopher in the 1950s and 1960s up until I think the 70s when he passed away in I think close to 73 who was responsible for bringing the wisdom of the east Zen philosophy to the west and he did it in such a digestible way that even today, people are remixing his words, his spoken word along with electronic dance music. But Watts was one of the most self-realized people of his time because he took that opportunity to self-reflect not only on his strengths but also on his weaknesses. And similarly, I learned early on that it's not as important to learn what you're good at. Because like we said you can hire people that are good at the things that you are not good at. But it is important to know what things you suck at, what things you are horrible at, what things you will never be great at. Not because you put yourself down, not because you are down on yourself, but because then you have a true knowledge of yourself and you can act closer to the truth.
What’s Your Belief Structure And Reality Distortion Field?
Resilience. People are going to try to knock you down. People will put you down but it's how many times you get up when that failure happens and also there is an element to it of not giving an about what people think of you. You cannot care what other people think. Other people's opinions only matter if they coincide with your belief structure and your reality distortion field.
Roll Up Your Sleeves And Get On With The Job
The problem is a lot of the stuff has become highly marketed by a lot of the self-help gurus that are out now. So they want you to think that having a passion drive and mindset is what you need. No, that's not what you need. You need to do the work, you need to roll up your sleeves, and do the work. That's what you do. That's what works, what works is doing the work getting out there. And you know, if you're a real estate agent, knocking on doors, and you know, meeting people in your neighborhood, and building your network, and calling the banks and doing whatever those things are that agents and brokers do, but it's just doing the work. There's nothing more effective than doing that.
Strategic Valuation Of Your Brand
So I was looking through these and so there's a lot of brokers around the country you get on their email list and I'm just like which one of these can we take on amazon because most of these are crap businesses that I wouldn't want to own. I'm sorry that they built them for 20 years and they're going to go down the tubes but it's good because I was able to look at the earnings, look at the language, start understanding how people buy and sell businesses and that's not an area that I was familiar with more than three years ago. So that's something very interesting which helps you understand you're building an asset whether it's a house or whether it's a product and you make it sell that asset and walk away That to me is exciting about the amazon platform.
Beware Of Service Violations And Algorithm Changes
They could fail because they get pulled off the platform for violating service. There's a lot of great stories of 10-20000 a day and they just get canceled, just like what happened 15 years ago with the search engines. I knew people getting checks for five and ten thousand dollars from AdSense and all of a sudden they changed the algorithms panda slap in SEO terms and those checks stopped. So so I mean one small change or one small violation could end the business. That's probably how most of them lose because it doesn't cost anything to stay there. You just may not be number one and your sales will decrease.