good more to believe nation today’s messages execute your dream over to you
messages execute your dream over to you
messages execute your dream over to you any Murphy I don’t want to be in show
any Murphy I don’t want to be in show
any Murphy I don’t want to be in show business
business
business and I just happened to luck out and
and I just happened to luck out and
and I just happened to luck out and things happen I think you know you know
things happen I think you know you know
things happen I think you know you know you if you you know what you’re supposed
you if you you know what you’re supposed
you if you you know what you’re supposed to do deep down inside I think everybody
to do deep down inside I think everybody
to do deep down inside I think everybody does a lot of people just don’t go after
does a lot of people just don’t go after
does a lot of people just don’t go after it you know it like most people start
it you know it like most people start
it you know it like most people start out they say I want to be as this but
out they say I want to be as this but
out they say I want to be as this but I’m gonna give that to make sure I have
I’m gonna give that to make sure I have
I’m gonna give that to make sure I have something to fall back on and what
something to fall back on and what
something to fall back on and what you’re doing is you setting yourself up
you’re doing is you setting yourself up
you’re doing is you setting yourself up a fake cuz you’re going there’s a
a fake cuz you’re going there’s a
a fake cuz you’re going there’s a possibility that i’ma fall back and when
possibility that i’ma fall back and when
possibility that i’ma fall back and when you put that out there then you fall
you put that out there then you fall
you put that out there then you fall back but if you just say hey this is
back but if you just say hey this is
back but if you just say hey this is what I want to do and you go do it you
what I want to do and you go do it you
what I want to do and you go do it you usually get your stuff the way you want
usually get your stuff the way you want
usually get your stuff the way you want it man that’s what thank you guys so
it man that’s what thank you guys so
it man that’s what thank you guys so much for watching the question of the
much for watching the question of the
much for watching the question of the day today is what is preventing you from
day today is what is preventing you from
day today is what is preventing you from executing your true big dream what’s
executing your true big dream what’s
executing your true big dream what’s holding you back
holding you back
holding you back leaving the comments below I’m gonna
leaving the comments below I’m gonna
leaving the comments below I’m gonna join in the discussion I also want to
join in the discussion I also want to
join in the discussion I also want to give a quick shout to lead gen you thank
give a quick shout to lead gen you thank
give a quick shout to lead gen you thank you so much for picking up a copy of my
you so much for picking up a copy of my
you so much for picking up a copy of my book your one word it really really
book your one word it really really
book your one word it really really really means a lot to me so thank you
really means a lot to me so thank you
really means a lot to me so thank you guys again for watching I believe in you
guys again for watching I believe in you
guys again for watching I believe in you I hope you continue to believe in
I hope you continue to believe in
I hope you continue to believe in yourself and whatever your one word is
yourself and whatever your one word is
yourself and whatever your one word is much love and I’ll see you again
much love and I’ll see you again
much love and I’ll see you again tomorrow morning for another shot events
tomorrow morning for another shot events
tomorrow morning for another shot events VESA
what’s up believe nation if you want a
what’s up believe nation if you want a little more motivation on executing your
little more motivation on executing your
little more motivation on executing your dreams stay tuned for some bonus clips
dreams stay tuned for some bonus clips
dreams stay tuned for some bonus clips my assistants got a great thing now in
my assistants got a great thing now in
my assistants got a great thing now in this once in every four months somebody
this once in every four months somebody
this once in every four months somebody sends an email saying I’ve got a huge
sends an email saying I’ve got a huge
sends an email saying I’ve got a huge startup that I want you to invest in but
startup that I want you to invest in but
startup that I want you to invest in but you’ve gotta sign this NDA right which
you’ve gotta sign this NDA right which
you’ve gotta sign this NDA right which literally every time gets an email back
literally every time gets an email back
literally every time gets an email back that says you right and and the
that says you right and and the
that says you right and and the reason is I’m a humongous believer that
reason is I’m a humongous believer that
reason is I’m a humongous believer that ideas are and that executions the
ideas are and that executions the
ideas are and that executions the game right we’ve all got ideas
game right we’ve all got ideas
game right we’ve all got ideas everybody’s got ideas doing ideas we all
everybody’s got ideas doing ideas we all
everybody’s got ideas doing ideas we all have here we could probably sit here for
have here we could probably sit here for
have here we could probably sit here for the next two hours draw them all out
the next two hours draw them all out
the next two hours draw them all out record them and predict the next 78
record them and predict the next 78
record them and predict the next 78 great startups over the next nine years
great startups over the next nine years
great startups over the next nine years and so I think the thing that is another
and so I think the thing that is another
and so I think the thing that is another theme in entrepreneurship is there is
theme in entrepreneurship is there is
theme in entrepreneurship is there is way too much fodder brought to the idea
way too much fodder brought to the idea
way too much fodder brought to the idea uber was magic cab three years earlier
uber was magic cab three years earlier
uber was magic cab three years earlier uber is not an idea uber existed it’s
uber is not an idea uber existed it’s
uber is not an idea uber existed it’s called magic cab but the guys that
called magic cab but the guys that
called magic cab but the guys that execute it sucked so they lost so I
execute it sucked so they lost so I
execute it sucked so they lost so I think you know if there’s any level of
think you know if there’s any level of
think you know if there’s any level of romance left in this room about your
romance left in this room about your
romance left in this room about your idea
idea
idea I’d like to suffocate it because I think
I’d like to suffocate it because I think
I’d like to suffocate it because I think the actual situation is what you
the actual situation is what you
the actual situation is what you actually do with it the way of the
actually do with it the way of the
actually do with it the way of the entrepreneur is is actually about going
entrepreneur is is actually about going
entrepreneur is is actually about going looking at the world and finding
looking at the world and finding
looking at the world and finding problems it’s actually some people think
problems it’s actually some people think
problems it’s actually some people think that’s a negative mindset but actually I
that’s a negative mindset but actually I
that’s a negative mindset but actually I find it as like a it’s like it’s a
find it as like a it’s like it’s a
find it as like a it’s like it’s a curious mindset is you’re out there
curious mindset is you’re out there
curious mindset is you’re out there looking for problems looking for things
looking for problems looking for things
looking for problems looking for things that aren’t the way they should be or
that aren’t the way they should be or
that aren’t the way they should be or could be okay you got a good idea look
could be okay you got a good idea look
could be okay you got a good idea look everybody’s got a good idea yeah you
everybody’s got a good idea yeah you
everybody’s got a good idea yeah you know now the okay everybody has an idea
know now the okay everybody has an idea
know now the okay everybody has an idea not everybody has been a good idea but
not everybody has been a good idea but
not everybody has been a good idea but people have good ideas look Buber is a
people have good ideas look Buber is a
people have good ideas look Buber is a good idea you push a button and get a
good idea you push a button and get a
good idea you push a button and get a ride I don’t know if we were the first
ride I don’t know if we were the first
ride I don’t know if we were the first person to ever think of that idea but we
person to ever think of that idea but we
person to ever think of that idea but we were the first person to do it and and
were the first person to do it and and
were the first person to do it and and so you got to just go do it then you’ve
so you got to just go do it then you’ve
so you got to just go do it then you’ve got to just get out there and go do it
got to just get out there and go do it
got to just get out there and go do it so it’s easy to have the idea or
so it’s easy to have the idea or
so it’s easy to have the idea or straightforward but then you’ve got to
straightforward but then you’ve got to
straightforward but then you’ve got to have enough guts to go out there and try
have enough guts to go out there and try
have enough guts to go out there and try and that’s that’s the way of the
and that’s that’s the way of the
and that’s that’s the way of the entrepreneur I think you famously said
entrepreneur I think you famously said
entrepreneur I think you famously said strategy is 5% of the answer and
strategy is 5% of the answer and
strategy is 5% of the answer and execution is 95% so so what does that
execution is 95% so so what does that
execution is 95% so so what does that mean and how did you actually what did
mean and how did you actually what did
mean and how did you actually what did you do differently but you know the 5%
you do differently but you know the 5%
you do differently but you know the 5% yeah I said yeah 5% of the challenge is
yeah I said yeah 5% of the challenge is
yeah I said yeah 5% of the challenge is strategy 95% of the execution this I
strategy 95% of the execution this I
strategy 95% of the execution this I said it as CEO of Nissan I said it also
said it as CEO of Nissan I said it also
said it as CEO of Nissan I said it also a CEO of Renault and I said it as deputy
a CEO of Renault and I said it as deputy
a CEO of Renault and I said it as deputy CEO of Renault when I said the first
CEO of Renault when I said the first
CEO of Renault when I said the first time it was mainly in France and I was
time it was mainly in France and I was
time it was mainly in France and I was to my to the top management of Renault
to my to the top management of Renault
to my to the top management of Renault in France because there was a tendency
in France because there was a tendency
in France because there was a tendency in the company to spend too much time on
in the company to spend too much time on
in the company to spend too much time on strategy and leave the execution for
strategy and leave the execution for
strategy and leave the execution for other people and this is where I said
other people and this is where I said
other people and this is where I said yeah strategy is fine it’s very
yeah strategy is fine it’s very
yeah strategy is fine it’s very important but it’s only 5% if you don’t
important but it’s only 5% if you don’t
important but it’s only 5% if you don’t go to execution after this the the
go to execution after this the the
go to execution after this the the delivery and the performance of the
delivery and the performance of the
delivery and the performance of the company is going to be very weak I
company is going to be very weak I
company is going to be very weak I really I really believe it now it
really I really believe it now it
really I really believe it now it doesn’t mean strategy is not important
doesn’t mean strategy is not important
doesn’t mean strategy is not important but when you establish north and you
but when you establish north and you
but when you establish north and you know exactly where North is for the
know exactly where North is for the
know exactly where North is for the company you’ve done something very
company you’ve done something very
company you’ve done something very important because you’re giving the
important because you’re giving the
important because you’re giving the direction but if you don’t start moving
direction but if you don’t start moving
direction but if you don’t start moving north if you don’t start mapping and
north if you don’t start mapping and
north if you don’t start mapping and establishing milestone you know you’re
establishing milestone you know you’re
establishing milestone you know you’re never gonna be getting there you’re
never gonna be getting there you’re
never gonna be getting there you’re never gonna be getting there execute and
never gonna be getting there execute and
never gonna be getting there execute and you need to execute as fast as possible
you need to execute as fast as possible
you need to execute as fast as possible because the thing at the end today is
because the thing at the end today is
because the thing at the end today is whether you feel you have competitors or
whether you feel you have competitors or
whether you feel you have competitors or not sooner or later you’re gonna have
not sooner or later you’re gonna have
not sooner or later you’re gonna have someone and if you can’t move fast
someone and if you can’t move fast
someone and if you can’t move fast enough
enough
enough someone’s gonna beat you to the punch so
someone’s gonna beat you to the punch so
someone’s gonna beat you to the punch so make sure whatever you’re doing you get
make sure whatever you’re doing you get
make sure whatever you’re doing you get something out within a month or two if
something out within a month or two if
something out within a month or two if it takes you longer than that you’re
it takes you longer than that you’re
it takes you longer than that you’re taking way too long
taking way too long
taking way too long I created this company called surf and
I created this company called surf and
I created this company called surf and it was in Rockwall Texas right by Dallas
it was in Rockwall Texas right by Dallas
it was in Rockwall Texas right by Dallas and I had this brilliant idea have any
and I had this brilliant idea have any
and I had this brilliant idea have any of you guys heard of the media temple
of you guys heard of the media temple
of you guys heard of the media temple grid server solution that was my idea a
grid server solution that was my idea a
grid server solution that was my idea a year or two before it came out and I
year or two before it came out and I
year or two before it came out and I spent a million bucks on it trying to
spent a million bucks on it trying to
spent a million bucks on it trying to actually do that idea before media
actually do that idea before media
actually do that idea before media temple was funny thing is that I have a
temple was funny thing is that I have a
temple was funny thing is that I have a million bucks so actually had a borrow a
million bucks so actually had a borrow a
million bucks so actually had a borrow a million bucks and I sped it spent out on
million bucks and I sped it spent out on
million bucks and I sped it spent out on business partners who moved
business partners who moved
business partners who moved really slow and really weren’t the best
really slow and really weren’t the best
really slow and really weren’t the best at what they did within 12 months we
at what they did within 12 months we
at what they did within 12 months we launched nothing they also had some of
launched nothing they also had some of
launched nothing they also had some of the Proms in my previous slide right
the Proms in my previous slide right
the Proms in my previous slide right like financial instability and they had
like financial instability and they had
like financial instability and they had a family and kids of I think like six
a family and kids of I think like six
a family and kids of I think like six so even bottom my home in Rockwall Texas
so even bottom my home in Rockwall Texas
so even bottom my home in Rockwall Texas that cost two hundred and something
that cost two hundred and something
that cost two hundred and something thousand why did I buy it instead of
thousand why did I buy it instead of
thousand why did I buy it instead of renting it I have no clue Oh stupid and
renting it I have no clue Oh stupid and
renting it I have no clue Oh stupid and young but nonetheless I lost over a
young but nonetheless I lost over a
young but nonetheless I lost over a million bucks on that a borrowed money
million bucks on that a borrowed money
million bucks on that a borrowed money not investor money but borrowed money
not investor money but borrowed money
not investor money but borrowed money that I had to pay back and it failed
that I had to pay back and it failed
that I had to pay back and it failed miserably because we never launched
miserably because we never launched
miserably because we never launched anything if you can’t along something
anything if you can’t along something
anything if you can’t along something someone like media tumbles gonna beat
someone like media tumbles gonna beat
someone like media tumbles gonna beat you to the punch
you to the punch
you to the punch get a ton of customers and make a lot of
get a ton of customers and make a lot of
get a ton of customers and make a lot of money so lessons I learned from that set
money so lessons I learned from that set
money so lessons I learned from that set deadlines no matter what you have to set
deadlines no matter what you have to set
deadlines no matter what you have to set deadlines people have to be held
deadlines people have to be held
deadlines people have to be held accountable to him as well right
accountable to him as well right
accountable to him as well right can’t just set deadlines it passes
can’t just set deadlines it passes
can’t just set deadlines it passes nothing happens someone better be
nothing happens someone better be
nothing happens someone better be meeting him if not you know something
meeting him if not you know something
meeting him if not you know something has to change you also need to make sure
has to change you also need to make sure
has to change you also need to make sure they’re small if the deadline if the
they’re small if the deadline if the
they’re small if the deadline if the like milestones goals are too big for
like milestones goals are too big for
like milestones goals are too big for those deadlines they’re not gonna get
those deadlines they’re not gonna get
those deadlines they’re not gonna get met so make them really small and
met so make them really small and
met so make them really small and tangible that way you can see it really
tangible that way you can see it really
tangible that way you can see it really well in advance if they’re actually
well in advance if they’re actually
well in advance if they’re actually gonna be met or not and last but not
gonna be met or not and last but not
gonna be met or not and last but not least don’t worry about perfection a lot
least don’t worry about perfection a lot
least don’t worry about perfection a lot of people like dude I’m gonna create the
of people like dude I’m gonna create the
of people like dude I’m gonna create the most perfect version of you know
most perfect version of you know
most perfect version of you know whatever it may be that software has a
whatever it may be that software has a
whatever it may be that software has a lot of bugs nothing’s gonna be perfect
lot of bugs nothing’s gonna be perfect
lot of bugs nothing’s gonna be perfect perfection is overrated nothing’s ever
perfection is overrated nothing’s ever
perfection is overrated nothing’s ever perfect you’re gonna continue to have to
perfect you’re gonna continue to have to
perfect you’re gonna continue to have to iterate so forth so on it’s never gonna
iterate so forth so on it’s never gonna
iterate so forth so on it’s never gonna be perfect there’s always gonna be
be perfect there’s always gonna be
be perfect there’s always gonna be issues just get it out there and start
issues just get it out there and start
issues just get it out there and start trying to make money well the last and
trying to make money well the last and
trying to make money well the last and the most valuable lesson as an
the most valuable lesson as an
the most valuable lesson as an entrepreneur I learned was about the
entrepreneur I learned was about the
entrepreneur I learned was about the value of execution we’re too many people
value of execution we’re too many people
value of execution we’re too many people we’re too many people spend too much
we’re too many people spend too much
we’re too many people spend too much time thinking about the vision we are
time thinking about the vision we are
time thinking about the vision we are taught that you have to build a better
taught that you have to build a better
taught that you have to build a better mousetrap every venture capitals will
mousetrap every venture capitals will
mousetrap every venture capitals will tell you that to be a successful
tell you that to be a successful
tell you that to be a successful entrepreneur you need a breakthrough
entrepreneur you need a breakthrough
entrepreneur you need a breakthrough innovation well you have to assume none
innovation well you have to assume none
innovation well you have to assume none of us or at least most of us are not the
of us or at least most of us are not the
of us or at least most of us are not the smartest people in the world there are
smartest people in the world there are
smartest people in the world there are lots and lots of great great
lots and lots of great great
lots and lots of great great inventors are there how are we going to
inventors are there how are we going to
inventors are there how are we going to be the person who’s going to always
be the person who’s going to always
be the person who’s going to always build a better mousetrap well to be
build a better mousetrap well to be
build a better mousetrap well to be successful you don’t have to build a
successful you don’t have to build a
successful you don’t have to build a better mousetrap you just have to build
better mousetrap you just have to build
better mousetrap you just have to build a different mousetrap and as long as you
a different mousetrap and as long as you
a different mousetrap and as long as you are executing well the business always
are executing well the business always
are executing well the business always comes down to block and tackle it’s not
comes down to block and tackle it’s not
comes down to block and tackle it’s not about the great vision it’s always about
about the great vision it’s always about
about the great vision it’s always about the great execution and you can always
the great execution and you can always
the great execution and you can always succeed by out executing your
succeed by out executing your
succeed by out executing your competitors not necessarily having the
competitors not necessarily having the
competitors not necessarily having the best product in the marketplace and I
best product in the marketplace and I
best product in the marketplace and I think the Microsoft is a great example
think the Microsoft is a great example
think the Microsoft is a great example where they took a same product that
where they took a same product that
where they took a same product that other people may have had but they
other people may have had but they
other people may have had but they executed is substantially better and
executed is substantially better and
executed is substantially better and today the market leader in the industry
”
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