#80 I Asked 6 Billionaires How To Get Rich
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This episode is titled:
#80 I Asked 6 Billionaires How To Get Rich
Notable Quotes
"If you help enough people, you don't have to worry about money."
"Learn like you'll live forever. Live like you'll die tomorrow."
"You can be the guide, not just the hero in the story."
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Get More InsightsEpisode Summary
In this unique episode of the Big Deal Podcast, Cody Sanchez brings together insights from various billionaires she considers friends and mentors. The conversation revolves around understanding how billionaires accumulate wealth and the philosophies guiding their entrepreneurial journeys. The episode emphasizes first principles thinking, which involves breaking down ideas to their fundamental truths in order to develop effective strategies.
Cody shares her belief in the importance of coaches as a means to improve various skills, from memory to sales. This theme extends to the advice she gives to listeners on being irreplaceable in their jobs, advocating for continuous learning and self-improvement. The billionaires discuss their leadership styles and the significance of instilling confidence and belief in others.
A reoccurring theme is service; they stress that businesses should focus on serving their customers rather than being self-centered. Young entrepreneurs are encouraged to take risks and understand that learning from failures is a crucial part of growth. The episode also discusses the importance of speed in decision-making, suggesting that quick action aligned with personal values can lead to better outcomes. Overall, this episode provides actionable insights for anyone looking to emulate successful entrepreneurs.
Cody shares her belief in the importance of coaches as a means to improve various skills, from memory to sales. This theme extends to the advice she gives to listeners on being irreplaceable in their jobs, advocating for continuous learning and self-improvement. The billionaires discuss their leadership styles and the significance of instilling confidence and belief in others.
A reoccurring theme is service; they stress that businesses should focus on serving their customers rather than being self-centered. Young entrepreneurs are encouraged to take risks and understand that learning from failures is a crucial part of growth. The episode also discusses the importance of speed in decision-making, suggesting that quick action aligned with personal values can lead to better outcomes. Overall, this episode provides actionable insights for anyone looking to emulate successful entrepreneurs.
Key Takeaways
- Coaches are vital for personal and professional growth; continuous learning is essential.
- Businesses should prioritize serving customers over self-interest to achieve success.
- Young entrepreneurs should embrace risk-taking as it becomes harder with age.
- First principles thinking helps in breaking down complex ideas and finding effective solutions.
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