Money, money, money! In today's episode, Andy Frisella shares his take on all things money: Is money the greatest thing in the world or the root of all evil? What's the difference between making money and earning it? How do the most successful people think about money and handle it? This is a favorite topic of The MFCEO's - one that he has talked about before, but is so important that it bears repeating.
We live in a society that has produced very soft, very delicate little snowflakes. An entitlement complex is running through the current generation. They think they should be handed the good things that come from a life of hard work--without actually working for them! But one of the worst qualities of so many people today is that they want to know what to think. They haven't learned how to think. That is an indispensable requirement for becoming successful.
It's popular today to go around saying, "I'm gonna be me. And I give zero f*cks what anyone thinks about it." While we should not be enslaved to other people's opinions, Andy Frisella says that what other people think about you matters. People are going to judge what kind of person you are by how you treat people and what you put out on social media. If you don't take that seriously, you're in trouble. Opportunity comes from other people--and how other people perceive you is huge. If you struggle with how to connect with people and build relationships that lead to opportunity, The MFCEO shares a tool in this episode that will help you!
Too many people complain that their friends and family aren't supporting their business. Here's the reality: you're going to need way more than the support of your friends and family to be successful. Plus, your friends and family aren't obligated to support you. When it comes to the real world of business, they owe you nothing. It's your job to provide a quality product or service that everyone would want to support. And it's your job to sell them on that quality product or service. But above all, you have to think of support in terms of a bank account. Don't constantly ask other people to make withdraws on your behalf. You want to be the guy who make more deposits in other people's accounts.
How do you suck the marrow from every 24-hour period you live and work on this Earth? Is there a difference between working hard throughout the day and making the day work hard for you? In this episode of The MFCEO Project, Andy Frisella shares his tips and tricks for moving beyond time managementto time mastery. Other people may have more brains, talent, or money. But everyone has the same amount of time in their day. To be successful, we have to learn how to make that time count.
A chronic problem with the world of entrepreneurialism right now is the ubiquitous presence of "hustlers" who are showing the world their "baller" lifestyle. The problem is, they are just showing it. They aren't really living it; because they haven't done the hard work necessary to experience it. The reality is, people like the show and the style, but they've never developed the substance required for success. The MFCEO says: you can't fake it. You won't become an authentic success without taking the hard road and doing the hard work.
One of the common killers of inexperienced entrepreneurs is not knowing how to manage your cash flow. In this episode, Andy Frisella talks through the typical mistakes that he himself has made and the lessons he's learned from doing business for almost two decades. From not paying your invoices before they are due to finding innovative ways to generate cash, The MFCEO's advice will help any entrepreneur and any business avoid a cash flow crisis.
When you begin a new project or venture, you are extremely excited. But as the days pass, it becomes harder and harder to sustain enthusiasm. Things become monotonous. You become frustrated. You wonder: what is wrong with me? Answer: nothing. That's normal. But the reality is, when the excitement wears off, most people quit. That's too bad, the MFCEO says, because if you push through the excruciatingly hard times, it gets easier. It's gets more satisfying. It's gets awesome.
There are two groups of people on the Earth: Whiners and Winners. Whiners believe that life is a playground. They are surprised when they experience conflict. They are surprised when they get hurt. Winners are different. They succeed in life because they possess a battleground mentality. In this episode, Andy Frisella explains exactly what that means.