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Business Ideas – 3 Lessons from George Foreman


hi I’m Evan Carmichael and welcome to

hi I’m Evan Carmichael and welcome to another edition of Molyneux masters I

another edition of Molyneux masters I

another edition of Molyneux masters I believe that the fastest and most

believe that the fastest and most

believe that the fastest and most effective way to grow a business is to

effective way to grow a business is to

effective way to grow a business is to model the strategies of people who have

model the strategies of people who have

model the strategies of people who have already done what you’re trying to do so

already done what you’re trying to do so

already done what you’re trying to do so today we’re gonna look at how a high

today we’re gonna look at how a high

today we’re gonna look at how a high school dropout who was always in trouble

school dropout who was always in trouble

school dropout who was always in trouble with the law

with the law

with the law turns his life around by believing in

turns his life around by believing in

turns his life around by believing in himself he went on to become a two-time

himself he went on to become a two-time

himself he went on to become a two-time world boxing champion and a

world boxing champion and a

world boxing champion and a multi-millionaire entrepreneur this is a

multi-millionaire entrepreneur this is a

multi-millionaire entrepreneur this is a story of boxing great George Foreman and

story of boxing great George Foreman and

story of boxing great George Foreman and a top three lessons that you can learn

a top three lessons that you can learn

a top three lessons that you can learn from his success

George big George Foreman is an Olympic

George big George Foreman is an Olympic gold medalist

gold medalist

gold medalist two-time former world heavyweight boxing

two-time former world heavyweight boxing

two-time former world heavyweight boxing champion in entrepreneur a high school

champion in entrepreneur a high school

champion in entrepreneur a high school dropout

dropout

dropout as a teenager Foreman didn’t know how to

as a teenager Foreman didn’t know how to

as a teenager Foreman didn’t know how to read or write he took to the streets and

read or write he took to the streets and

read or write he took to the streets and got in the trouble by picking pockets

got in the trouble by picking pockets

got in the trouble by picking pockets and mugging people his sister told him

and mugging people his sister told him

and mugging people his sister told him you’ll never be anything after finding

you’ll never be anything after finding

you’ll never be anything after finding himself on the run from the police one

himself on the run from the police one

himself on the run from the police one night and digging himself into a pile of

night and digging himself into a pile of

night and digging himself into a pile of mud to avoid their dogs finding him

mud to avoid their dogs finding him

mud to avoid their dogs finding him Foreman decided he had to change his

Foreman decided he had to change his

Foreman decided he had to change his life he enrolled in a job skills

life he enrolled in a job skills

life he enrolled in a job skills training program for youth and began

training program for youth and began

training program for youth and began learning how to read and write

learning how to read and write

learning how to read and write he later also learned how to box and

he later also learned how to box and

he later also learned how to box and entered into amateur competitions so he

entered into amateur competitions so he

entered into amateur competitions so he could send fifty dollars home to his

could send fifty dollars home to his

could send fifty dollars home to his mother every month after a year and a

mother every month after a year and a

mother every month after a year and a half of learning the Box he entered into

half of learning the Box he entered into

half of learning the Box he entered into the Olympic Games and won the gold medal

the Olympic Games and won the gold medal

the Olympic Games and won the gold medal he went on to win the world heavyweight

he went on to win the world heavyweight

he went on to win the world heavyweight boxing championship twice after twice

boxing championship twice after twice

boxing championship twice after twice retiring from professional boxing

retiring from professional boxing

retiring from professional boxing Foreman became an entrepreneur and

Foreman became an entrepreneur and

Foreman became an entrepreneur and toured the world selling George Foreman

toured the world selling George Foreman

toured the world selling George Foreman grills in 2002 alone the company earned

grills in 2002 alone the company earned

grills in 2002 alone the company earned 922 million dollars from selling the

922 million dollars from selling the

922 million dollars from selling the grills Foreman would go on to earn three

grills Foreman would go on to earn three

grills Foreman would go on to earn three times more money from the grills than

times more money from the grills than

times more money from the grills than throat his entire career as a boxer he

throat his entire career as a boxer he

throat his entire career as a boxer he has also moved on to selling TV shows

has also moved on to selling TV shows

has also moved on to selling TV shows clothing books and IndyCar racing teams

clothing books and IndyCar racing teams

clothing books and IndyCar racing teams even though nobody thought he’d ever

even though nobody thought he’d ever

even though nobody thought he’d ever accomplished anything in his life George

accomplished anything in his life George

accomplished anything in his life George Foreman turned his life around by

Foreman turned his life around by

Foreman turned his life around by believing in himself and went on to

believing in himself and went on to

believing in himself and went on to become a champion boxer and entrepreneur

become a champion boxer and entrepreneur

become a champion boxer and entrepreneur to help you turn your business into a

to help you turn your business into a

to help you turn your business into a success

success

success here are three auction items and you can

here are three auction items and you can

here are three auction items and you can learn from George Foreman auction item

learn from George Foreman auction item

learn from George Foreman auction item number one learn how to sell if you want

number one learn how to sell if you want

number one learn how to sell if you want to be a successful entrepreneur you need

to be a successful entrepreneur you need

to be a successful entrepreneur you need to develop the ability to sell selling

to develop the ability to sell selling

to develop the ability to sell selling isn’t just convincing customers to buy

isn’t just convincing customers to buy

isn’t just convincing customers to buy our products or services selling is

our products or services selling is

our products or services selling is getting employees media investors

getting employees media investors

getting employees media investors suppliers and everyone else was involved

suppliers and everyone else was involved

suppliers and everyone else was involved in your business to believe in what

in your business to believe in what

in your business to believe in what you’re doing it starts with a strong

you’re doing it starts with a strong

you’re doing it starts with a strong passion for what you’re creating if you

passion for what you’re creating if you

passion for what you’re creating if you love what you’re doing I think you can

love what you’re doing I think you can

love what you’re doing I think you can really help people it’s easy to get

really help people it’s easy to get

really help people it’s easy to get people excited about it and draw others

people excited about it and draw others

people excited about it and draw others in if you don’t really believe in what

in if you don’t really believe in what

in if you don’t really believe in what you’re doing why should others believe

you’re doing why should others believe

you’re doing why should others believe in you after Foreman came back to boxing

in you after Foreman came back to boxing

in you after Foreman came back to boxing and at 44 years of age became the oldest

and at 44 years of age became the oldest

and at 44 years of age became the oldest person ever to become a champion he

person ever to become a champion he

person ever to become a champion he started getting calls to endorse

started getting calls to endorse

started getting calls to endorse companies and become their spokesman

companies and become their spokesman

companies and become their spokesman when they saw he could sell anything

when they saw he could sell anything

when they saw he could sell anything from food appliances to cleaning

from food appliances to cleaning

from food appliances to cleaning products the companies lined up to get

products the companies lined up to get

products the companies lined up to get him to represent them from Doritos to

him to represent them from Doritos to

him to represent them from Doritos to Kentucky Fried Chicken to McDonald’s

Kentucky Fried Chicken to McDonald’s

Kentucky Fried Chicken to McDonald’s Foreman went to work selling her

Foreman went to work selling her

Foreman went to work selling her products and people listened according

products and people listened according

products and people listened according the foreman in time I learned the

the foreman in time I learned the

the foreman in time I learned the importance of selling I love selling if

importance of selling I love selling if

importance of selling I love selling if you learn the sell it’s worth more than

you learn the sell it’s worth more than

you learn the sell it’s worth more than a degree it’s with more than the

a degree it’s with more than the

a degree it’s with more than the heavyweight championship of the world

heavyweight championship of the world

heavyweight championship of the world it’s even more important than having a

it’s even more important than having a

it’s even more important than having a million dollars in the bank learn to

million dollars in the bank learn to

million dollars in the bank learn to sell and you’ll never starve

sell and you’ll never starve

sell and you’ll never starve auction auto number to get people to

auction auto number to get people to

auction auto number to get people to like you people like buying from people

like you people like buying from people

like you people like buying from people they like the more you can get your

they like the more you can get your

they like the more you can get your customers to like you as a person the

customers to like you as a person the

customers to like you as a person the more likely it is they’re gonna buy from

more likely it is they’re gonna buy from

more likely it is they’re gonna buy from you people also prefer Bynes than people

you people also prefer Bynes than people

you people also prefer Bynes than people rather than corporations make sure you

rather than corporations make sure you

rather than corporations make sure you show your clients to history and the

show your clients to history and the

show your clients to history and the people behind your company talk about

people behind your company talk about

people behind your company talk about how and why you started the business and

how and why you started the business and

how and why you started the business and the impact that you’re having the more

the impact that you’re having the more

the impact that you’re having the more personal you can make it the more people

personal you can make it the more people

personal you can make it the more people are gonna like you and the more they’re

are gonna like you and the more they’re

are gonna like you and the more they’re gonna want to buy from you during his

gonna want to buy from you during his

gonna want to buy from you during his early boxing career people hated George

early boxing career people hated George

early boxing career people hated George Foreman inside and outside of the ring

Foreman inside and outside of the ring

Foreman inside and outside of the ring he stormed into the ring with rage

he stormed into the ring with rage

he stormed into the ring with rage didn’t have much finesse to his game he

didn’t have much finesse to his game he

didn’t have much finesse to his game he was in it for the money at the start and

was in it for the money at the start and

was in it for the money at the start and didn’t care what other people thought of

didn’t care what other people thought of

didn’t care what other people thought of him he even showed up the one fight

him he even showed up the one fight

him he even showed up the one fight against Muhammad Ali with an angry

against Muhammad Ali with an angry

against Muhammad Ali with an angry German Shepherd by his side to try to

German Shepherd by his side to try to

German Shepherd by his side to try to intimidate his opponent but in order for

intimidate his opponent but in order for

intimidate his opponent but in order for him to be an effective salesperson he

him to be an effective salesperson he

him to be an effective salesperson he had to change his persona and get people

had to change his persona and get people

had to change his persona and get people to like him according to Foreman I get

to like him according to Foreman I get

to like him according to Foreman I get mad at the critics other boxers I wanted

mad at the critics other boxers I wanted

mad at the critics other boxers I wanted to destroy everybody with my fists I

to destroy everybody with my fists I

to destroy everybody with my fists I figure I’m gonna make a lot of money I

figure I’m gonna make a lot of money I

figure I’m gonna make a lot of money I didn’t care about nothing else but

didn’t care about nothing else but

didn’t care about nothing else but making a lot of money I didn’t care

making a lot of money I didn’t care

making a lot of money I didn’t care people like me I caught off all my hair

people like me I caught off all my hair

people like me I caught off all my hair on my mustache I didn’t want to be

on my mustache I didn’t want to be

on my mustache I didn’t want to be identified with the old guy I learned to

identified with the old guy I learned to

identified with the old guy I learned to make people love me to get my message

make people love me to get my message

make people love me to get my message across when I had to change the box

across when I had to change the box

across when I had to change the box again

again

again I saw boxing not as a sport the second

I saw boxing not as a sport the second

I saw boxing not as a sport the second time around but is pure business which

time around but is pure business which

time around but is pure business which meant making meetings and trying to make

meant making meetings and trying to make

meant making meetings and trying to make myself attractive to Madison Avenue

myself attractive to Madison Avenue

myself attractive to Madison Avenue action of number three keep trying until

action of number three keep trying until

action of number three keep trying until it works it’s rare that entrepreneurs

it works it’s rare that entrepreneurs

it works it’s rare that entrepreneurs make it big off their first idea and

make it big off their first idea and

make it big off their first idea and even if they do the idea has changed

even if they do the idea has changed

even if they do the idea has changed many times from what they thought they

many times from what they thought they

many times from what they thought they were gonna create failing is a part of

were gonna create failing is a part of

were gonna create failing is a part of business the key is to get started

business the key is to get started

business the key is to get started too many people don’t start because

too many people don’t start because

too many people don’t start because they’re afraid of failing you will know

they’re afraid of failing you will know

they’re afraid of failing you will know failure keep going

failure keep going

failure keep going fail smarter the next time and

fail smarter the next time and

fail smarter the next time and eventually success will be yours Foreman

eventually success will be yours Foreman

eventually success will be yours Foreman is an afraid of failing in business he’s

is an afraid of failing in business he’s

is an afraid of failing in business he’s done everything from specialty shoes

done everything from specialty shoes

done everything from specialty shoes made for diabetics to a health food

made for diabetics to a health food

made for diabetics to a health food restaurant chain to a reality television

restaurant chain to a reality television

restaurant chain to a reality television series he’s willing to try almost

series he’s willing to try almost

series he’s willing to try almost anything if he thinks it might be a good

anything if he thinks it might be a good

anything if he thinks it might be a good opportunity and it’s something he

opportunity and it’s something he

opportunity and it’s something he believes it as long as the business is

believes it as long as the business is

believes it as long as the business is something he can feel proud of and won’t

something he can feel proud of and won’t

something he can feel proud of and won’t damage his integrity Foreman is willing

damage his integrity Foreman is willing

damage his integrity Foreman is willing to stretch his brand to do almost

to stretch his brand to do almost

to stretch his brand to do almost anything you never know until you try

anything you never know until you try

anything you never know until you try according to Foreman you’ve got to start

according to Foreman you’ve got to start

according to Foreman you’ve got to start out early in the morning and look at

out early in the morning and look at

out early in the morning and look at hundreds literally hundreds of things

hundreds literally hundreds of things

hundreds literally hundreds of things and it may take a year it may take three

and it may take a year it may take three

and it may take a year it may take three or four years but you’re going to hit

or four years but you’re going to hit

or four years but you’re going to hit something so you have something to put

something so you have something to put

something so you have something to put on the table for your family you know

on the table for your family you know

on the table for your family you know you put out a lot of buckshot

you put out a lot of buckshot

you put out a lot of buckshot you’re gonna strike one so remember

you’re gonna strike one so remember

you’re gonna strike one so remember learn how to sell get people to like you

learn how to sell get people to like you

learn how to sell get people to like you and keep trying until it works to finish

and keep trying until it works to finish

and keep trying until it works to finish up this video I wanted to share one of

up this video I wanted to share one of

up this video I wanted to share one of my favorite true stories about George

my favorite true stories about George

my favorite true stories about George Foreman and some of his best quotes with

Foreman and some of his best quotes with

Foreman and some of his best quotes with a criminal record and a reputation for

a criminal record and a reputation for

a criminal record and a reputation for being a troublemaker whew gave Foreman a

being a troublemaker whew gave Foreman a

being a troublemaker whew gave Foreman a chance when he joined the u.s. job corps

chance when he joined the u.s. job corps

chance when he joined the u.s. job corps looking for a way to get off the streets

looking for a way to get off the streets

looking for a way to get off the streets he caused so many problems that he was

he caused so many problems that he was

he caused so many problems that he was almost expelled from the program

almost expelled from the program

almost expelled from the program his supervisor advised him to find a

his supervisor advised him to find a

his supervisor advised him to find a different outlet for his anger and

different outlet for his anger and

different outlet for his anger and suggested he take up boxing when Foreman

suggested he take up boxing when Foreman

suggested he take up boxing when Foreman first started the box he was so scared

first started the box he was so scared

first started the box he was so scared that he just closed his eyes and swung

that he just closed his eyes and swung

that he just closed his eyes and swung his massive fists to win the fights it

his massive fists to win the fights it

his massive fists to win the fights it was only until he started going up

was only until he started going up

was only until he started going up against better boxers that he had to

against better boxers that he had to

against better boxers that he had to learn the fight with his eyes open

thank you so much for joining me for

thank you so much for joining me for another edition of Mali in the masters

another edition of Mali in the masters

another edition of Mali in the masters if you liked the video I want to see

if you liked the video I want to see

if you liked the video I want to see more please give it a thumbs up below

more please give it a thumbs up below

more please give it a thumbs up below I’d also love to hear oh you have to

I’d also love to hear oh you have to

I’d also love to hear oh you have to think if you wanna leave a comment

think if you wanna leave a comment

think if you wanna leave a comment underneath the video and stay tuned for

underneath the video and stay tuned for

underneath the video and stay tuned for next episode

”

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