Start Small Think Big – Is it better to start small or think big?

is it better to start small or think big

is it better to start small or think big and my answer would be both I got a

and my answer would be both I got a

and my answer would be both I got a great question from one of my youtube

great question from one of my youtube

great question from one of my youtube viewers Peter who’s trying to start a

viewers Peter who’s trying to start a

viewers Peter who’s trying to start a gym and he’s unsure of if he should

gym and he’s unsure of if he should

gym and he’s unsure of if he should start small rent from other locations

start small rent from other locations

start small rent from other locations and build up from there or think big and

and build up from there or think big and

and build up from there or think big and create his own place from scratch

create his own place from scratch

create his own place from scratch exactly how he wants it and continue to

exactly how he wants it and continue to

exactly how he wants it and continue to launch new businesses from there and my

launch new businesses from there and my

launch new businesses from there and my answer really is to combine them so what

answer really is to combine them so what

answer really is to combine them so what I would love for you to do is start

I would love for you to do is start

I would love for you to do is start small but then also have that big vision

small but then also have that big vision

small but then also have that big vision big picture in mind here’s the reason

big picture in mind here’s the reason

big picture in mind here’s the reason okay this is real talk this is important

okay this is real talk this is important

okay this is real talk this is important because a lot of entrepreneurs think

because a lot of entrepreneurs think

because a lot of entrepreneurs think they have to start big and it’s possible

they have to start big and it’s possible

they have to start big and it’s possible and you can you can have success doing

and you can you can have success doing

and you can you can have success doing it the challenge is when you start right

it the challenge is when you start right

it the challenge is when you start right away big your chances of failure go up

away big your chances of failure go up

away big your chances of failure go up dramatically because you don’t know what

dramatically because you don’t know what

dramatically because you don’t know what you’re doing you have a concept in your

you’re doing you have a concept in your

you’re doing you have a concept in your head and that’s great but things are

head and that’s great but things are

head and that’s great but things are rarely they rarely work out as you think

rarely they rarely work out as you think

rarely they rarely work out as you think they will every time every I successful

they will every time every I successful

they will every time every I successful entrepreneur has built a business plan

entrepreneur has built a business plan

entrepreneur has built a business plan that business plan changes a thousand

that business plan changes a thousand

that business plan changes a thousand times before they end up hitting their

times before they end up hitting their

times before they end up hitting their success because the assumptions that you

success because the assumptions that you

success because the assumptions that you make are wrong most of the time so if

make are wrong most of the time so if

make are wrong most of the time so if you’ve never done this before if you’ve

you’ve never done this before if you’ve

you’ve never done this before if you’ve never built a huge business and you

never built a huge business and you

never built a huge business and you start by going big you’re probably going

start by going big you’re probably going

start by going big you’re probably going to make a lot of mistakes you’re

to make a lot of mistakes you’re

to make a lot of mistakes you’re probably going to have some incorrect

probably going to have some incorrect

probably going to have some incorrect assumptions and as a result your

assumptions and as a result your

assumptions and as a result your business will fail and the reason why

business will fail and the reason why

business will fail and the reason why it’s so important is because if you’re

it’s so important is because if you’re

it’s so important is because if you’re investing your life savings you know if

investing your life savings you know if

investing your life savings you know if you’re mortgaging your house if you’re

you’re mortgaging your house if you’re

you’re mortgaging your house if you’re taking on investors you can’t afford for

taking on investors you can’t afford for

taking on investors you can’t afford for it to fail at least I wouldn’t if it

it to fail at least I wouldn’t if it

it to fail at least I wouldn’t if it were my business if I was taking out a

were my business if I was taking out a

were my business if I was taking out a mortgage or boring money from my friends

mortgage or boring money from my friends

mortgage or boring money from my friends and family I would want to make darn

and family I would want to make darn

and family I would want to make darn sure that that business had the best

sure that that business had the best

sure that that business had the best shot of success so I origins courage

shot of success so I origins courage

shot of success so I origins courage entrepreneurs to start small to test to

entrepreneurs to start small to test to

entrepreneurs to start small to test to test your your thoughts to test your

test your your thoughts to test your

test your your thoughts to test your assumption see if what you think will

assumption see if what you think will

assumption see if what you think will work actually works because you don’t

work actually works because you don’t

work actually works because you don’t know until you actually get out there

know until you actually get out there

know until you actually get out there and

and

and doing something you test small you show

doing something you test small you show

doing something you test small you show that it works you keep making

that it works you keep making

that it works you keep making improvements you listen to your

improvements you listen to your

improvements you listen to your customers and keep building up keep

customers and keep building up keep

customers and keep building up keep investing back into your business and

investing back into your business and

investing back into your business and then when you have something that you

then when you have something that you

then when you have something that you know works you can raise the money you

know works you can raise the money you

know works you can raise the money you need to blow it up you know if you can

need to blow it up you know if you can

need to blow it up you know if you can get one gym working really effectively

get one gym working really effectively

get one gym working really effectively and that starts from renting from these

and that starts from renting from these

and that starts from renting from these other gems and then building yourself up

other gems and then building yourself up

other gems and then building yourself up if you can get it to the point of one

if you can get it to the point of one

if you can get it to the point of one gym being amazing then you can raise

gym being amazing then you can raise

gym being amazing then you can raise money to expand you have a formula that

money to expand you have a formula that

money to expand you have a formula that works and it’s built on something real

works and it’s built on something real

works and it’s built on something real and it dramatically increases the

and it dramatically increases the

and it dramatically increases the chances of you being successful here’s a

chances of you being successful here’s a

chances of you being successful here’s a quick example that that can really

quick example that that can really

quick example that that can really relate to what you’re doing I’m an

relate to what you’re doing I’m an

relate to what you’re doing I’m an investor in a salsa dancing business

investor in a salsa dancing business

investor in a salsa dancing business here in Toronto the company’s called

here in Toronto the company’s called

here in Toronto the company’s called Toronto dance salsa and how it started

Toronto dance salsa and how it started

Toronto dance salsa and how it started was just renting from gyms in their

was just renting from gyms in their

was just renting from gyms in their off-hours so did teach people how to

off-hours so did teach people how to

off-hours so did teach people how to dance salsa and it’d be like six to nine

dance salsa and it’d be like six to nine

dance salsa and it’d be like six to nine at night type of thing the rent was

at night type of thing the rent was

at night type of thing the rent was super cheap and the founder didn’t have

super cheap and the founder didn’t have

super cheap and the founder didn’t have any business experience before this she

any business experience before this she

any business experience before this she worked in hotels and had a great

worked in hotels and had a great

worked in hotels and had a great corporate life but had never been an

corporate life but had never been an

corporate life but had never been an entrepreneur and so she’d learned the

entrepreneur and so she’d learned the

entrepreneur and so she’d learned the ropes on a small scale by building up

ropes on a small scale by building up

ropes on a small scale by building up classes from these gyms and she got to

classes from these gyms and she got to

classes from these gyms and she got to different locations and she tested her

different locations and she tested her

different locations and she tested her model and she she not only improved

model and she she not only improved

model and she she not only improved herself as an entrepreneur learning the

herself as an entrepreneur learning the

herself as an entrepreneur learning the skills that you need to be successful

skills that you need to be successful

skills that you need to be successful but also learning what it takes to build

but also learning what it takes to build

but also learning what it takes to build a successful salsa company how do you

a successful salsa company how do you

a successful salsa company how do you teach students what’s your methodology

teach students what’s your methodology

teach students what’s your methodology what’s the 0 sequence you’re going to

what’s the 0 sequence you’re going to

what’s the 0 sequence you’re going to teach them in how do you make sure

teach them in how do you make sure

teach them in how do you make sure people come back and stay motivated

people come back and stay motivated

people come back and stay motivated although that you can’t tell until you

although that you can’t tell until you

although that you can’t tell until you actually go out and start doing it so

actually go out and start doing it so

actually go out and start doing it so she did it on a small scale then worked

she did it on a small scale then worked

she did it on a small scale then worked with different gyms open up different

with different gyms open up different

with different gyms open up different location still renting still only paying

location still renting still only paying

location still renting still only paying an hourly fee and she got to the point

an hourly fee and she got to the point

an hourly fee and she got to the point where she could expand she had

where she could expand she had

where she could expand she had confidence in the model and went out and

confidence in the model and went out and

confidence in the model and went out and got her own location in a mall that cost

got her own location in a mall that cost

got her own location in a mall that cost over a hundred thousand dollars a year

over a hundred thousand dollars a year

over a hundred thousand dollars a year so instead of paying James 40 bucks an

so instead of paying James 40 bucks an

so instead of paying James 40 bucks an hour she’s now spending a hundred

hour she’s now spending a hundred

hour she’s now spending a hundred thousand dollars plus per year to have

thousand dollars plus per year to have

thousand dollars plus per year to have her location but it works the business

her location but it works the business

her location but it works the business takes off she teaches five to six

takes off she teaches five to six

takes off she teaches five to six thousand students a year how to become

thousand students a year how to become

thousand students a year how to become salsa dancers but if she went out took

salsa dancers but if she went out took

salsa dancers but if she went out took out a huge loan talk to her family tried

out a huge loan talk to her family tried

out a huge loan talk to her family tried to go to investors to get that hundred

to go to investors to get that hundred

to go to investors to get that hundred thousand dollars plus just for rent it

thousand dollars plus just for rent it

thousand dollars plus just for rent it wouldn’t work there’s too many things

wouldn’t work there’s too many things

wouldn’t work there’s too many things that would have gone wrong in the

that would have gone wrong in the

that would have gone wrong in the business all the trial and error

business all the trial and error

business all the trial and error approaches that she took to get that far

approaches that she took to get that far

approaches that she took to get that far wouldn’t have been there and she would

wouldn’t have been there and she would

wouldn’t have been there and she would have had to shut down and maybe be in

have had to shut down and maybe be in

have had to shut down and maybe be in debt for the rest of her life so start

debt for the rest of her life so start

debt for the rest of her life so start small test see if it works and keep your

small test see if it works and keep your

small test see if it works and keep your big picture in mind doesn’t have to take

big picture in mind doesn’t have to take

big picture in mind doesn’t have to take you that long to get there but keep the

you that long to get there but keep the

you that long to get there but keep the big picture in mind I don’t want to see

big picture in mind I don’t want to see

big picture in mind I don’t want to see you struggling doing this thing

you struggling doing this thing

you struggling doing this thing part-time for the rest of your life you

part-time for the rest of your life you

part-time for the rest of your life you know at some point you need to see

know at some point you need to see

know at some point you need to see momentum of progress and I know it’s

momentum of progress and I know it’s

momentum of progress and I know it’s hard I know as entrepreneurs we want to

hard I know as entrepreneurs we want to

hard I know as entrepreneurs we want to see things happen you know we hate being

see things happen you know we hate being

see things happen you know we hate being down in the details and the operations

down in the details and the operations

down in the details and the operations and we have big visions and it’s hard to

and we have big visions and it’s hard to

and we have big visions and it’s hard to wait for things to happen but it’s so

wait for things to happen but it’s so

wait for things to happen but it’s so important and it really comes out of me

important and it really comes out of me

important and it really comes out of me wanting you to be successful and not

wanting you to be successful and not

wanting you to be successful and not having to be in debt maybe for the rest

having to be in debt maybe for the rest

having to be in debt maybe for the rest of your life and make one of the biggest

of your life and make one of the biggest

of your life and make one of the biggest regrets of your entire life by going big

regrets of your entire life by going big

regrets of your entire life by going big too soon it can happen but your chances

too soon it can happen but your chances

too soon it can happen but your chances of success go up dramatically if you

of success go up dramatically if you

of success go up dramatically if you start small and build up believe for

start small and build up believe for

start small and build up believe for those are you watching you like the

those are you watching you like the

those are you watching you like the video thumbs up below thank you so much

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