One day out of curiosity

Would love to see a top 1-3%ers stats of average hours worked per day plotted against their income

Average hours worked = actual work. Focused planning/strategy. Needle moving work. Unavoidable work to keep business moving etc

When you sell one luxury/high end item to women

Women speak to other women. Gossip online.

As long as the words are positive, it becomes a 'standard'. Anything below it is a knock off

Sell to more women, more positive words, more women speaking to other women

Exponential

Must be willing to work on things that generate 0 income for a long time, with no guarantee that they ever will make income... in order to make big income

If you're new, and unless you're an elite copywriter

For the first brands/products you launch (if using DR advertising)

One suggestion is, in general, to avoid products that are a 'prevention' product, and to pick products that are 'cure' products

Prevention for example =

Why would I want some random valet to park my car/truck

I'll park my own expensive vehicle thx

Sometimes work and life requires u to get off your 'schedule' e.g. normally an early wake up guy, end up having to be up working til 2-3am and waking up later

I used to resist this and try and force the schedule i prefer when it doesn't make sense in present circumstance

Chat GPT wildly good for someone who is not a developer for coding a simple app or database query when dev not available

(im impatient)

nobody who has employees and a real business comes on twitter to knock on 9-5ers

People that have never started a business think you need something 'completely new' or 'totally unique' to make big $

This is wrong.

And in fact, if you're brand new with no business experience trying to do this will more than likely end badly

Don't recreate the wheel

What's your favorite *minimalist* (if possible) project management software for your team

Clickup is solid but def wouldn't call it minimalist

Curious what you guys use and if anything simple and clean

Three things I've been thinking about lately and focusing on:

1) Generating great, money ideas (always)

2) Building repeatable processes to execute those ideas over and over again

3) Continuously getting better at executing said processes in #2

Guy who does technical analysis on his daily weight loss chart

Risk Reward Cycle of Innovation 'Waves'

1. Innovate First: Highest risk, highest reward
2. Get On Wave 2nd: Low risk, high reward
3. Mid Wave: Med. risk (might not work), med. reward
4. Late Wave: Med. risk, low reward
5. Post Wave: High risk (prob won't work), low reward

My current favorite use of Chat GPT:

On ChatGPT mobile you can talk to it as if ur having a conversation

At the end of a workday, I open it up and just ramble through all of my businesses and projects within them, and where we left off on each of them and what's the next step.

More important than your 'hit rate' or 'win rate' is how well you maximize winners and limit your losses.

You can have a 10-20% win rate and still absolutely crush it if your wins are big enough and you limit your losses well enough.

I’m curious:

Are my followers more interested in aff marketing, owning brands (physical, info, etc), or a combo

Preferably curious which is *most* interesting to u tho

Twitter dunking on gurus like this is amazing. More of this plz thx

Tahm If you’re solving for financial outcomes, marginal value of more money is a big factor

Eg if you’re worth $5M liquid, your life won’t change that much until you’re at $15M+ liquid

Said another way: For the more risk averse, get to $5M and secure the bag and then take big swings

In a constant battle w myself over spending time on short term cash or long term build (bigger but slower cash)

And then plan to “split time” never works out how u plan on paper

Viscerally driven to short term cash

Logically driven to longer term builds