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The 7 MYTHS About Entrepreneurship – #7Ways


hello believe nation my name is Evan

hello believe nation my name is Evan Carmichael my one word is believe and I

Carmichael my one word is believe and I

Carmichael my one word is believe and I believe that entrepreneurs will solve

believe that entrepreneurs will solve

believe that entrepreneurs will solve all of the world’s major problems so to

all of the world’s major problems so to

all of the world’s major problems so to help you on your journey today I’m going

help you on your journey today I’m going

help you on your journey today I’m going to talk about the seven biggest myths

to talk about the seven biggest myths

to talk about the seven biggest myths about entrepreneurship there’s so many

about entrepreneurship there’s so many

about entrepreneurship there’s so many myths out there that are preventing

myths out there that are preventing

myths out there that are preventing entrepreneurs from doing amazing amazing

entrepreneurs from doing amazing amazing

entrepreneurs from doing amazing amazing amazing things and believing in their

amazing things and believing in their

amazing things and believing in their ideas here are my seven myths that I

ideas here are my seven myths that I

ideas here are my seven myths that I feel are holding back a lot of

feel are holding back a lot of

feel are holding back a lot of entrepreneurs from chasing their dreams

entrepreneurs from chasing their dreams

entrepreneurs from chasing their dreams and realizing their ultimate success

and realizing their ultimate success

and realizing their ultimate success [Music]

[Music]

[Music] myth number one is that you need money

myth number one is that you need money

myth number one is that you need money to make money so many people don’t get

to make money so many people don’t get

to make money so many people don’t get started in their business because they

started in their business because they

started in their business because they feel like they don’t have enough money

feel like they don’t have enough money

feel like they don’t have enough money they feel like they need tons of money

they feel like they need tons of money

they feel like they need tons of money to start up to be able to build their

to start up to be able to build their

to start up to be able to build their company their dreams you don’t need

company their dreams you don’t need

company their dreams you don’t need money to make money it’s never about the

money to make money it’s never about the

money to make money it’s never about the resources that you have it’s always

resources that you have it’s always

resources that you have it’s always about your resourcefulness much more

about your resourcefulness much more

about your resourcefulness much more important than thinking about what you

important than thinking about what you

important than thinking about what you don’t have this is one of my favorite

don’t have this is one of my favorite

don’t have this is one of my favorite quotes from Steve Wozniak don’t think

quotes from Steve Wozniak don’t think

quotes from Steve Wozniak don’t think about what you don’t have rather think

about what you don’t have rather think

about what you don’t have rather think about what you can do with what you do

about what you can do with what you do

about what you can do with what you do have it’s the most important thing if

have it’s the most important thing if

have it’s the most important thing if you are just focusing on the money you

you are just focusing on the money you

you are just focusing on the money you don’t have the resources you don’t have

don’t have the resources you don’t have

don’t have the resources you don’t have the education you don’t have the

the education you don’t have the

the education you don’t have the contacts you don’t have the connections

contacts you don’t have the connections

contacts you don’t have the connections you don’t have then you’re always

you don’t have then you’re always

you don’t have then you’re always focused in this unresolved

you don’t have money that’s okay what

you don’t have money that’s okay what you do have is heart hustle desire

you do have is heart hustle desire

you do have is heart hustle desire energy passion to go out and do

energy passion to go out and do

energy passion to go out and do something amazing and so you want to be

something amazing and so you want to be

something amazing and so you want to be resourceful use the resources you do

resourceful use the resources you do

resourceful use the resources you do have and think about how you can build

have and think about how you can build

have and think about how you can build something amazing from a practical point

something amazing from a practical point

something amazing from a practical point of view how do we apply this well you

of view how do we apply this well you

of view how do we apply this well you don’t need to go out and build something

don’t need to go out and build something

don’t need to go out and build something super expensive we’re not in the 1900s

super expensive we’re not in the 1900s

super expensive we’re not in the 1900s anymore you don’t need to have a factory

anymore you don’t need to have a factory

anymore you don’t need to have a factory you don’t need to carry tons of

you don’t need to carry tons of

you don’t need to carry tons of inventory you can start your business

inventory you can start your business

inventory you can start your business with a Facebook page you don’t need to

with a Facebook page you don’t need to

with a Facebook page you don’t need to carry inventory or products anymore

carry inventory or products anymore

carry inventory or products anymore there’s a lot of print on demand

there’s a lot of print on demand

there’s a lot of print on demand services you need to have a product yet

services you need to have a product yet

services you need to have a product yet you can launch on places like

you can launch on places like

you can launch on places like Kickstarter and see if your idea has

Kickstarter and see if your idea has

Kickstarter and see if your idea has traction before you commit dollars to it

traction before you commit dollars to it

traction before you commit dollars to it I hate spending money before and making

I hate spending money before and making

I hate spending money before and making money and with all the tools the

money and with all the tools the

money and with all the tools the technology that we have out there you

technology that we have out there you

technology that we have out there you don’t need money to make money you need

don’t need money to make money you need

don’t need money to make money you need the attitude of being

the attitude of being

the attitude of being [Music]

[Music]

[Music] myth number two is that entrepreneurs

myth number two is that entrepreneurs

myth number two is that entrepreneurs are outgoing people a lot of

are outgoing people a lot of

are outgoing people a lot of entrepreneurs are introverts I’m an

entrepreneurs are introverts I’m an

entrepreneurs are introverts I’m an introvert I may not come out on these

introvert I may not come out on these

introvert I may not come out on these videos because I’m always you know

videos because I’m always you know

videos because I’m always you know outgoing and you may be yelling at the

outgoing and you may be yelling at the

outgoing and you may be yelling at the camera and excited and animated talking

camera and excited and animated talking

camera and excited and animated talking about entrepreneurship gets me fired up

about entrepreneurship gets me fired up

about entrepreneurship gets me fired up it’s my passion it’s my fuel I didn’t

it’s my passion it’s my fuel I didn’t

it’s my passion it’s my fuel I didn’t believe and I love seeing entrepreneurs

believe and I love seeing entrepreneurs

believe and I love seeing entrepreneurs doing amazing things but I’m naturally

doing amazing things but I’m naturally

doing amazing things but I’m naturally introverted I don’t talk to the guy next

introverted I don’t talk to the guy next

introverted I don’t talk to the guy next to me on the airplane I don’t go and

to me on the airplane I don’t go and

to me on the airplane I don’t go and introduce myself to people at events I’m

introduce myself to people at events I’m

introduce myself to people at events I’m not the guy who loves going to new rooms

not the guy who loves going to new rooms

not the guy who loves going to new rooms and meeting new people and is the energy

and meeting new people and is the energy

and meeting new people and is the energy and the life of every party and a lot of

and the life of every party and a lot of

and the life of every party and a lot of people aren’t a lot of super successful

people aren’t a lot of super successful

people aren’t a lot of super successful entrepreneurs aren’t you just haven’t

entrepreneurs aren’t you just haven’t

entrepreneurs aren’t you just haven’t heard of them and you haven’t heard of

heard of them and you haven’t heard of

heard of them and you haven’t heard of him because that’s not how they win the

him because that’s not how they win the

him because that’s not how they win the guys like Mark Cuban and Kevin O’Leary

guys like Mark Cuban and Kevin O’Leary

guys like Mark Cuban and Kevin O’Leary and the big loud mouths the people who

and the big loud mouths the people who

and the big loud mouths the people who are type-a personalities and yakking and

are type-a personalities and yakking and

are type-a personalities and yakking and yelling and screaming and fighting they

yelling and screaming and fighting they

yelling and screaming and fighting they do that because that’s what they’re

do that because that’s what they’re

do that because that’s what they’re great at it’s what makes them come alive

great at it’s what makes them come alive

great at it’s what makes them come alive it’s how they win but there’s lots of

it’s how they win but there’s lots of

it’s how they win but there’s lots of people who you’ve never heard out for

people who you’ve never heard out for

people who you’ve never heard out for built amazing companies who are

built amazing companies who are

built amazing companies who are introverts and they win and what they’re

introverts and they win and what they’re

introverts and they win and what they’re great at and so if you look at the list

great at and so if you look at the list

great at and so if you look at the list of the wealthiest people in the world

of the wealthiest people in the world

of the wealthiest people in the world and you take out the people who have

and you take out the people who have

and you take out the people who have inherited wealth you look at who’s less

inherited wealth you look at who’s less

inherited wealth you look at who’s less most of them are gonna be entrepreneurs

most of them are gonna be entrepreneurs

most of them are gonna be entrepreneurs and a good chunk of those people you

and a good chunk of those people you

and a good chunk of those people you have no idea who they are you’d have to

have no idea who they are you’d have to

have no idea who they are you’d have to go up and look their names and look at

go up and look their names and look at

go up and look their names and look at the companies they started because

the companies they started because

the companies they started because they’re not winning by being outgoing

they’re not winning by being outgoing

they’re not winning by being outgoing because it’s not who they are it’s so

because it’s not who they are it’s so

because it’s not who they are it’s so much more important than being an

much more important than being an

much more important than being an outgoing person is being true to who you

outgoing person is being true to who you

outgoing person is being true to who you are you can win as an introvert if you

are you can win as an introvert if you

are you can win as an introvert if you focus on the things that you are great

focus on the things that you are great

focus on the things that you are great at if you are an introvert trying to be

at if you are an introvert trying to be

at if you are an introvert trying to be an extrovert and trying to be outgoing

an extrovert and trying to be outgoing

an extrovert and trying to be outgoing you’re guaranteed to lose so focus on

you’re guaranteed to lose so focus on

you’re guaranteed to lose so focus on your own strengths

your own strengths

your own strengths [Music]

[Music]

[Music] myth number three is that you need to

myth number three is that you need to

myth number three is that you need to start all-in there’s a lot of people who

start all-in there’s a lot of people who

start all-in there’s a lot of people who believe that to start a company you have

believe that to start a company you have

believe that to start a company you have to quit your job you’ve got to you know

to quit your job you’ve got to you know

to quit your job you’ve got to you know go to your boss’s office and take a

go to your boss’s office and take a

go to your boss’s office and take a flamethrower or mess up his desk and you

flamethrower or mess up his desk and you

flamethrower or mess up his desk and you gotta burn all your bridges and the only

gotta burn all your bridges and the only

gotta burn all your bridges and the only way to take the island is to burn the

way to take the island is to burn the

way to take the island is to burn the boats and that’s definitely one way to

boats and that’s definitely one way to

boats and that’s definitely one way to do it but it doesn’t have to be the way

do it but it doesn’t have to be the way

do it but it doesn’t have to be the way that you start there’s tons of people

that you start there’s tons of people

that you start there’s tons of people who’ve started their business part-time

who’ve started their business part-time

who’ve started their business part-time in the evenings on the weekends and they

in the evenings on the weekends and they

in the evenings on the weekends and they slowly built it up to the point that

slowly built it up to the point that

slowly built it up to the point that when your own business is starting to

when your own business is starting to

when your own business is starting to provide enough income for you to quit

provide enough income for you to quit

provide enough income for you to quit your job maybe it’s not full-time income

your job maybe it’s not full-time income

your job maybe it’s not full-time income maybe it’s not you know off buying

maybe it’s not you know off buying

maybe it’s not you know off buying Lamborghinis but enough so you can pay

Lamborghinis but enough so you can pay

Lamborghinis but enough so you can pay your bills you know you can pay the

your bills you know you can pay the

your bills you know you can pay the internet bail you can pay your mortgage

internet bail you can pay your mortgage

internet bail you can pay your mortgage you can get the food coming in internet

you can get the food coming in internet

you can get the food coming in internet bills most important right we got to

bills most important right we got to

bills most important right we got to have our internet then that’s when you

have our internet then that’s when you

have our internet then that’s when you can quit your job and go all-in on your

can quit your job and go all-in on your

can quit your job and go all-in on your company at least for me I like that

company at least for me I like that

company at least for me I like that perspective I don’t I don’t need to have

perspective I don’t I don’t need to have

perspective I don’t I don’t need to have the drastic approach it really depends

the drastic approach it really depends

the drastic approach it really depends on your personality type it’s just like

on your personality type it’s just like

on your personality type it’s just like if you want to quit smoking some people

if you want to quit smoking some people

if you want to quit smoking some people the only way they can quit smoking is to

the only way they can quit smoking is to

the only way they can quit smoking is to go pull turkey they just quit and that’s

go pull turkey they just quit and that’s

go pull turkey they just quit and that’s it and they’re done some people they can

it and they’re done some people they can

it and they’re done some people they can use Nicorette and they can use

use Nicorette and they can use

use Nicorette and they can use alternatives and they can slowly go down

alternatives and they can slowly go down

alternatives and they can slowly go down from three packs a day to 2 pack today

from three packs a day to 2 pack today

from three packs a day to 2 pack today to one pack of data to cigarettes and

to one pack of data to cigarettes and

to one pack of data to cigarettes and once again and then it’s gone and so

once again and then it’s gone and so

once again and then it’s gone and so there’s different ways to approach it

there’s different ways to approach it

there’s different ways to approach it but you definitely don’t need to start

but you definitely don’t need to start

but you definitely don’t need to start all-in if that is your personality type

all-in if that is your personality type

all-in if that is your personality type that you go all in or nothing then do it

that you go all in or nothing then do it

that you go all in or nothing then do it but if it’s not your personality type

but if it’s not your personality type

but if it’s not your personality type you don’t need to and you can definitely

you don’t need to and you can definitely

you don’t need to and you can definitely ease your way into it what’s much more

ease your way into it what’s much more

ease your way into it what’s much more important is that you’re taking

important is that you’re taking

important is that you’re taking consistent action the challenge about

consistent action the challenge about

consistent action the challenge about starting part time is there’s a lot of

starting part time is there’s a lot of

starting part time is there’s a lot of stuff that gets in the way your work

stuff that gets in the way your work

stuff that gets in the way your work gets in the way there’s family events

gets in the way there’s family events

gets in the way there’s family events there’s other things that happen life

there’s other things that happen life

there’s other things that happen life happens it’s finding time to spend and

happens it’s finding time to spend and

happens it’s finding time to spend and dedicate to your business you need to

dedicate to your business you need to

dedicate to your business you need to have at least half an hour to 60 minutes

have at least half an hour to 60 minutes

have at least half an hour to 60 minutes every single day at least bare minimum

every single day at least bare minimum

every single day at least bare minimum every day no matter what focus on

every day no matter what focus on

every day no matter what focus on growing your business because the amount

growing your business because the amount

growing your business because the amount that you can accomplish by continually

that you can accomplish by continually

that you can accomplish by continually investing 30 to 60 minutes every single

investing 30 to 60 minutes every single

investing 30 to 60 minutes every single day into your business you’ll be

day into your business you’ll be

day into your business you’ll be surprised it doesn’t feel like a lot on

surprised it doesn’t feel like a lot on

surprised it doesn’t feel like a lot on a daily basis but all those things add

a daily basis but all those things add

a daily basis but all those things add up add up add up add up and that

up add up add up add up and that

up add up add up add up and that momentum will continue to build a lot of

momentum will continue to build a lot of

momentum will continue to build a lot of people just quit too soon and when they

people just quit too soon and when they

people just quit too soon and when they go all-in off what happens is they run

go all-in off what happens is they run

go all-in off what happens is they run out of money and then they’re back to

out of money and then they’re back to

out of money and then they’re back to that job that they hate or if you start

that job that they hate or if you start

that job that they hate or if you start part-time and slowly move in and you

part-time and slowly move in and you

part-time and slowly move in and you take consistent daily

take consistent daily

take consistent daily you have a higher chance of being

you have a higher chance of being

you have a higher chance of being successful myth number four is

successful myth number four is

successful myth number four is entrepreneurs are born there’s common

entrepreneurs are born there’s common

entrepreneurs are born there’s common misconception that entrepreneurs are

misconception that entrepreneurs are

misconception that entrepreneurs are born with this innate ability and genius

born with this innate ability and genius

born with this innate ability and genius level talent to run billion-dollar

level talent to run billion-dollar

level talent to run billion-dollar businesses at least that was my only

businesses at least that was my only

businesses at least that was my only limiting belief I had this image of an

limiting belief I had this image of an

limiting belief I had this image of an entrepreneur who’s like this crazy

entrepreneur who’s like this crazy

entrepreneur who’s like this crazy genius that would build these amazing

genius that would build these amazing

genius that would build these amazing things that will change the entire world

things that will change the entire world

things that will change the entire world and I used to think to myself I’m not

and I used to think to myself I’m not

and I used to think to myself I’m not born that way I’m not super creative

born that way I’m not super creative

born that way I’m not super creative what makes me think I could have my own

what makes me think I could have my own

what makes me think I could have my own business you know I can’t create their

business you know I can’t create their

business you know I can’t create their time machine like what is that anyway

time machine like what is that anyway

time machine like what is that anyway and that’s what held me back from

and that’s what held me back from

and that’s what held me back from creating my own business and I had a lot

creating my own business and I had a lot

creating my own business and I had a lot of conversations with myself since then

of conversations with myself since then

of conversations with myself since then thinking about why am I even thinking

thinking about why am I even thinking

thinking about why am I even thinking that way I had to change my mindset

that way I had to change my mindset

that way I had to change my mindset around from entrepreneurs are born to

around from entrepreneurs are born to

around from entrepreneurs are born to entrepreneurs can be made that’s when I

entrepreneurs can be made that’s when I

entrepreneurs can be made that’s when I realized to myself that like most things

realized to myself that like most things

realized to myself that like most things I had to learn it it took a lot of hard

I had to learn it it took a lot of hard

I had to learn it it took a lot of hard work and perseverance but I eventually

work and perseverance but I eventually

work and perseverance but I eventually learned that things that I wanted to

learned that things that I wanted to

learned that things that I wanted to learn and by shifting that mindset I was

learn and by shifting that mindset I was

learn and by shifting that mindset I was able to not only start my own business

able to not only start my own business

able to not only start my own business I’m able to help others with their

I’m able to help others with their

I’m able to help others with their businesses as well maybe I have an idea

businesses as well maybe I have an idea

businesses as well maybe I have an idea that you want to share with the rest of

that you want to share with the rest of

that you want to share with the rest of the world but you think that because

the world but you think that because

the world but you think that because you’re not born that way you can’t do it

you’re not born that way you can’t do it

you’re not born that way you can’t do it you need to shift your mindset instead

you need to shift your mindset instead

you need to shift your mindset instead of thinking entrepreneurs are born no

of thinking entrepreneurs are born no

of thinking entrepreneurs are born no entrepreneurs can be made

entrepreneurs can be made

entrepreneurs can be made [Music]

[Music]

[Music] myth number five is that you have to do

myth number five is that you have to do

myth number five is that you have to do it all yourself this is another big

it all yourself this is another big

it all yourself this is another big challenge the thing that holds a lot of

challenge the thing that holds a lot of

challenge the thing that holds a lot of our trainers back is they feel they need

our trainers back is they feel they need

our trainers back is they feel they need to do everything themselves they have to

to do everything themselves they have to

to do everything themselves they have to do every single part of their business

do every single part of their business

do every single part of their business themselves we’re the most successful

themselves we’re the most successful

themselves we’re the most successful entrepreneurs you’ll find understand

entrepreneurs you’ll find understand

entrepreneurs you’ll find understand their strengths and understand what they

their strengths and understand what they

their strengths and understand what they suck at they understand what they don’t

suck at they understand what they don’t

suck at they understand what they don’t want to be good at and they find people

want to be good at and they find people

want to be good at and they find people to surround themselves with the first

to surround themselves with the first

to surround themselves with the first person I hired for my team was to do one

person I hired for my team was to do one

person I hired for my team was to do one hour a day of work he was doing database

hour a day of work he was doing database

hour a day of work he was doing database work for me for one hour a day and that

work for me for one hour a day and that

work for me for one hour a day and that freed up more than one hour of my time

freed up more than one hour of my time

freed up more than one hour of my time did we will focus on bigger projects

did we will focus on bigger projects

did we will focus on bigger projects things that I loved doing things that I

things that I loved doing things that I

things that I loved doing things that I wanted to be best in the world that and

wanted to be best in the world that and

wanted to be best in the world that and he loved doing database stuff so they

he loved doing database stuff so they

he loved doing database stuff so they end up working out really well you don’t

end up working out really well you don’t

end up working out really well you don’t have to hire somebody full-time but you

have to hire somebody full-time but you

have to hire somebody full-time but you don’t have to make that jump and pay

don’t have to make that jump and pay

don’t have to make that jump and pay somebody 40 50 60 $70,000 starting up

somebody 40 50 60 $70,000 starting up

somebody 40 50 60 $70,000 starting up where you mean I have that cash as an

where you mean I have that cash as an

where you mean I have that cash as an entrepreneur trying to get your business

entrepreneur trying to get your business

entrepreneur trying to get your business going but you can get people for an hour

going but you can get people for an hour

going but you can get people for an hour a day a couple hours a week I’ve had

a day a couple hours a week I’ve had

a day a couple hours a week I’ve had high school and in college volunteer

high school and in college volunteer

high school and in college volunteer interns work on my company and you have

interns work on my company and you have

interns work on my company and you have to provide mentorship back to them but

to provide mentorship back to them but

to provide mentorship back to them but it’s a lot of creative ways that you can

it’s a lot of creative ways that you can

it’s a lot of creative ways that you can use to build up your business and as

use to build up your business and as

use to build up your business and as soon as you can start handing off some

soon as you can start handing off some

soon as you can start handing off some of the responsibilities whether it’s to

of the responsibilities whether it’s to

of the responsibilities whether it’s to an intern or whether it’s to a part-time

an intern or whether it’s to a part-time

an intern or whether it’s to a part-time worker it frees up your time to be

worker it frees up your time to be

worker it frees up your time to be focused on the much bigger project and

focused on the much bigger project and

focused on the much bigger project and you find a lot more stuff starts to

you find a lot more stuff starts to

you find a lot more stuff starts to happen if you look at my youtube channel

happen if you look at my youtube channel

happen if you look at my youtube channel when I did everything myself the max I

when I did everything myself the max I

when I did everything myself the max I could do is one video a week and then as

could do is one video a week and then as

could do is one video a week and then as I hired my first editor I moved to a

I hired my first editor I moved to a

I hired my first editor I moved to a video a day and as I built up my team

video a day and as I built up my team

video a day and as I built up my team we’ve got eight people now between full

we’ve got eight people now between full

we’ve got eight people now between full and part-time just doing the YouTube

and part-time just doing the YouTube

and part-time just doing the YouTube side of things I’m able to make three

side of things I’m able to make three

side of things I’m able to make three videos a day for the channel and that’s

videos a day for the channel and that’s

videos a day for the channel and that’s because I get the focus on what I love

because I get the focus on what I love

because I get the focus on what I love doing being in front of the camera and

doing being in front of the camera and

doing being in front of the camera and then also we’re viewing and doing the

then also we’re viewing and doing the

then also we’re viewing and doing the strategy for every video that goes out

strategy for every video that goes out

strategy for every video that goes out and everything else is delegated to the

and everything else is delegated to the

and everything else is delegated to the people on my team and they all love

people on my team and they all love

people on my team and they all love doing their roles in it as well and so

doing their roles in it as well and so

doing their roles in it as well and so we’ll be massively able to increase our

we’ll be massively able to increase our

we’ll be massively able to increase our output provide way more value to you

output provide way more value to you

output provide way more value to you guys be a bigger company achieve bigger

guys be a bigger company achieve bigger

guys be a bigger company achieve bigger goals because I realized that I don’t

goals because I realized that I don’t

goals because I realized that I don’t want to do everything myself and if I

want to do everything myself and if I

want to do everything myself and if I embrace that unable to accomplish a lot

embrace that unable to accomplish a lot

embrace that unable to accomplish a lot more

more

more [Music]

[Music]

[Music] myth number six is that entrepreneurs

myth number six is that entrepreneurs

myth number six is that entrepreneurs take huge risks there’s this common

take huge risks there’s this common

take huge risks there’s this common perception to be an entrepreneur you

perception to be an entrepreneur you

perception to be an entrepreneur you have to be a risk-taker

have to be a risk-taker

have to be a risk-taker you have to throw everything in you’ve

you have to throw everything in you’ve

you have to throw everything in you’ve got to go off and do these big crazy

got to go off and do these big crazy

got to go off and do these big crazy scary things that nobody else is willing

scary things that nobody else is willing

scary things that nobody else is willing to do and while it’s true that as an

to do and while it’s true that as an

to do and while it’s true that as an entrepreneur we have to think

entrepreneur we have to think

entrepreneur we have to think differently if you’re just doing the

differently if you’re just doing the

differently if you’re just doing the same thing as everybody else you’re

same thing as everybody else you’re

same thing as everybody else you’re gonna have an average to below average

gonna have an average to below average

gonna have an average to below average business so you do have to think

business so you do have to think

business so you do have to think differently you do have to bring in new

differently you do have to bring in new

differently you do have to bring in new ideas but it doesn’t mean you have to

ideas but it doesn’t mean you have to

ideas but it doesn’t mean you have to take huge risks it doesn’t mean you have

take huge risks it doesn’t mean you have

take huge risks it doesn’t mean you have to take a mortgage out on your house and

to take a mortgage out on your house and

to take a mortgage out on your house and take this huge loan out to launch your

take this huge loan out to launch your

take this huge loan out to launch your company it doesn’t mean you have to do

company it doesn’t mean you have to do

company it doesn’t mean you have to do something so dramatically different

something so dramatically different

something so dramatically different that’s never ever been done before and

that’s never ever been done before and

that’s never ever been done before and you’re lightyears ahead in your industry

you’re lightyears ahead in your industry

you’re lightyears ahead in your industry you don’t have to take massive massive

you don’t have to take massive massive

you don’t have to take massive massive risk business is about providing value

risk business is about providing value

risk business is about providing value that’s the biggest thing if you are able

that’s the biggest thing if you are able

that’s the biggest thing if you are able to provide value to your customers then

to provide value to your customers then

to provide value to your customers then they will pay you for it if you can

they will pay you for it if you can

they will pay you for it if you can solve a big problem for them then they

solve a big problem for them then they

solve a big problem for them then they will pay you for it and a great way to

will pay you for it and a great way to

will pay you for it and a great way to start is to think about your own

start is to think about your own

start is to think about your own problems what challenges do you have

problems what challenges do you have

problems what challenges do you have what you wish existed and then go out

what you wish existed and then go out

what you wish existed and then go out and do that solve it for yourself and

and do that solve it for yourself and

and do that solve it for yourself and you realize how there’s a lot of other

you realize how there’s a lot of other

you realize how there’s a lot of other people who probably have the same

people who probably have the same

people who probably have the same challenge if we think about a lot of the

challenge if we think about a lot of the

challenge if we think about a lot of the videos on my channel it’s a top 10

videos on my channel it’s a top 10

videos on my channel it’s a top 10 series that you guys love it started

series that you guys love it started

series that you guys love it started because I wanted it for me I wish it

because I wanted it for me I wish it

because I wanted it for me I wish it somebody else created that series I

somebody else created that series I

somebody else created that series I didn’t want to have to do the worker on

didn’t want to have to do the worker on

didn’t want to have to do the worker on it I wanted to just be a consumer I was

it I wanted to just be a consumer I was

it I wanted to just be a consumer I was tired of watching 8 to 10 hour long Elon

tired of watching 8 to 10 hour long Elon

tired of watching 8 to 10 hour long Elon Musk you know videos of different

Musk you know videos of different

Musk you know videos of different interviews and getting 10 to 20 minutes

interviews and getting 10 to 20 minutes

interviews and getting 10 to 20 minutes of really good golden nuggets I thought

of really good golden nuggets I thought

of really good golden nuggets I thought huh wouldn’t it be awesome if somebody

huh wouldn’t it be awesome if somebody

huh wouldn’t it be awesome if somebody just put all that together and instead

just put all that together and instead

just put all that together and instead of complaining right what I want yours

of complaining right what I want yours

of complaining right what I want yours do we do it we solve it so I made it I

do we do it we solve it so I made it I

do we do it we solve it so I made it I made it selfishly for myself I shared it

made it selfishly for myself I shared it

made it selfishly for myself I shared it with you guys you guys loved it as well

with you guys you guys loved it as well

with you guys you guys loved it as well and here’s the start of a successful

and here’s the start of a successful

and here’s the start of a successful business so that’s how it starts you

business so that’s how it starts you

business so that’s how it starts you don’t have to take a huge risk I already

don’t have to take a huge risk I already

don’t have to take a huge risk I already had my website I had my other businesses

had my website I had my other businesses

had my website I had my other businesses running while I started this this was a

running while I started this this was a

running while I started this this was a part-time side project for me that as I

part-time side project for me that as I

part-time side project for me that as I started getting more results the

started getting more results the

started getting more results the momentum and more love and passion for

momentum and more love and passion for

momentum and more love and passion for it and then started making a little bit

it and then started making a little bit

it and then started making a little bit of money with it I poured it back in and

of money with it I poured it back in and

of money with it I poured it back in and we built it up so if you have an idea

we built it up so if you have an idea

we built it up so if you have an idea that you think will really solve a need

that you think will really solve a need

that you think will really solve a need for people you can do it just start

for people you can do it just start

for people you can do it just start small and fail small it’s not about

small and fail small it’s not about

small and fail small it’s not about taking these massive big bold risks

taking these massive big bold risks

taking these massive big bold risks that’s how some entrepreneurs go out and

that’s how some entrepreneurs go out and

that’s how some entrepreneurs go out and do it it’s ok to have a really big

do it it’s ok to have a really big

do it it’s ok to have a really big vision for what you want to do but the

vision for what you want to do but the

vision for what you want to do but the important thing at least for me is I

important thing at least for me is I

important thing at least for me is I believe you need to think big and act

believe you need to think big and act

believe you need to think big and act small acts Malak small take consistent

small acts Malak small take consistent

small acts Malak small take consistent action daily fail small fail small fail

action daily fail small fail small fail

action daily fail small fail small fail small find something that works build

small find something that works build

small find something that works build that bill to build a build a bill to

that bill to build a build a bill to

that bill to build a build a bill to jump complete your big goal you don’t

jump complete your big goal you don’t

jump complete your big goal you don’t need to take huge risks and finally myth

need to take huge risks and finally myth

need to take huge risks and finally myth number seven is that you need to have

number seven is that you need to have

number seven is that you need to have connections this is belief that to be an

connections this is belief that to be an

connections this is belief that to be an entrepreneur you have to have

entrepreneur you have to have

entrepreneur you have to have connections you have to have the right

connections you have to have the right

connections you have to have the right family you have to have gone to the

family you have to have gone to the

family you have to have gone to the right school you have to know the right

right school you have to know the right

right school you have to know the right people to pull the right strings to get

people to pull the right strings to get

people to pull the right strings to get your business off the ground and

your business off the ground and

your business off the ground and especially in North America it’s just

especially in North America it’s just

especially in North America it’s just not true look at the people who look up

not true look at the people who look up

not true look at the people who look up to the most look at the people who build

to the most look at the people who build

to the most look at the people who build amazing businesses chances are they

amazing businesses chances are they

amazing businesses chances are they started already with less than what you

started already with less than what you

started already with less than what you already have now they knew nobody and

already have now they knew nobody and

already have now they knew nobody and they built their way up when I first

they built their way up when I first

they built their way up when I first started my company I had no connections

started my company I had no connections

started my company I had no connections I didn’t know anybody the first person I

I didn’t know anybody the first person I

I didn’t know anybody the first person I went to was my banker and I walked in

went to was my banker and I walked in

went to was my banker and I walked in and I said hey I’m Evan Carmichael

and I said hey I’m Evan Carmichael

and I said hey I’m Evan Carmichael started this business how can you help I

started this business how can you help I

started this business how can you help I I need help with my business how what

I need help with my business how what

I need help with my business how what can you do for me and they said well do

can you do for me and they said well do

can you do for me and they said well do you need a loan and I don’t know I don’t

you need a loan and I don’t know I don’t

you need a loan and I don’t know I don’t think so I need I need help but I’m just

think so I need I need help but I’m just

think so I need I need help but I’m just trying I’m just getting started I don’t

trying I’m just getting started I don’t

trying I’m just getting started I don’t know what to do right so later realize

know what to do right so later realize

know what to do right so later realize that’s not how you have a conversation

that’s not how you have a conversation

that’s not how you have a conversation with a banker but that’s how little I

with a banker but that’s how little I

with a banker but that’s how little I knew that’s how few connections I had I

knew that’s how few connections I had I

knew that’s how few connections I had I just got started and that’s the story of

just got started and that’s the story of

just got started and that’s the story of most successful entrepreneurs the people

most successful entrepreneurs the people

most successful entrepreneurs the people surprisingly who are the most connected

surprisingly who are the most connected

surprisingly who are the most connected who seem to have everything given to

who seem to have everything given to

who seem to have everything given to them they have the connections and the

them they have the connections and the

them they have the connections and the money and all of that they have it laid

money and all of that they have it laid

money and all of that they have it laid out and gift it to them they’re born

out and gift it to them they’re born

out and gift it to them they’re born with the silver spoon and everything is

with the silver spoon and everything is

with the silver spoon and everything is easy for them those are never the guys

easy for them those are never the guys

easy for them those are never the guys to go off and build the amazing

to go off and build the amazing

to go off and build the amazing companies it just doesn’t happen the

companies it just doesn’t happen the

companies it just doesn’t happen the children of the massively wealthy people

children of the massively wealthy people

children of the massively wealthy people very rarely go out to build amazing

very rarely go out to build amazing

very rarely go out to build amazing companies look at the list of the most

companies look at the list of the most

companies look at the list of the most successful entrepreneurs and look at

successful entrepreneurs and look at

successful entrepreneurs and look at where they came from is almost always

where they came from is almost always

where they came from is almost always from really humble beginnings with very

from really humble beginnings with very

from really humble beginnings with very few connections and so instead of

few connections and so instead of

few connections and so instead of looking at that person say what’s so

looking at that person say what’s so

looking at that person say what’s so easy for them it’s so easy to because of

easy for them it’s so easy to because of

easy for them it’s so easy to because of all these connections don’t blame the

all these connections don’t blame the

all these connections don’t blame the lack of connections that you have again

lack of connections that you have again

lack of connections that you have again think about what you can do with what

think about what you can do with what

think about what you can do with what you do have and use those success

you do have and use those success

you do have and use those success stories whoever it is that you look up

stories whoever it is that you look up

stories whoever it is that you look up to look at how they got started

to look at how they got started

to look at how they got started look at how they went from 0 to 1 how

look at how they went from 0 to 1 how

look at how they went from 0 to 1 how did they get started and again chances

did they get started and again chances

did they get started and again chances are they had less than what you already

are they had less than what you already

are they had less than what you already had right now they definitely have fewer

had right now they definitely have fewer

had right now they definitely have fewer actions and opportunities and you have

actions and opportunities and you have

actions and opportunities and you have right now in the age of social media

right now in the age of social media

right now in the age of social media that you can go out and create something

that you can go out and create something

that you can go out and create something amazing and connect with people so

amazing and connect with people so

amazing and connect with people so quickly and so I don’t want that to be a

quickly and so I don’t want that to be a

quickly and so I don’t want that to be a reason why you don’t want your dream

reason why you don’t want your dream

reason why you don’t want your dream business so that’s my take on the seven

business so that’s my take on the seven

business so that’s my take on the seven myths of entrepreneurship I hope you

myths of entrepreneurship I hope you

myths of entrepreneurship I hope you guys enjoyed I’d also love to know what

guys enjoyed I’d also love to know what

guys enjoyed I’d also love to know what did you think of the seven myths which

did you think of the seven myths which

did you think of the seven myths which one most applied to your situation to

one most applied to your situation to

one most applied to your situation to your business to your life also did I

your business to your life also did I

your business to your life also did I miss an eight nine ten that you want to

miss an eight nine ten that you want to

miss an eight nine ten that you want to include leave it down in the comments

include leave it down in the comments

include leave it down in the comments below I’m really curious to see what you

below I’m really curious to see what you

below I’m really curious to see what you guys have to say thank you again for

guys have to say thank you again for

guys have to say thank you again for watching I believe in you I hope you

watching I believe in you I hope you

watching I believe in you I hope you continue to believe in yourself and

continue to believe in yourself and

continue to believe in yourself and whatever your one word is much love I’ll

whatever your one word is much love I’ll

whatever your one word is much love I’ll see you soon if you had to think of one

see you soon if you had to think of one

see you soon if you had to think of one word that’s most important to you or

word that’s most important to you or

word that’s most important to you or that sums you up or so it would be like

that sums you up or so it would be like

that sums you up or so it would be like a little beacon hey believe nation if

a little beacon hey believe nation if

a little beacon hey believe nation if you want to know what the most important

you want to know what the most important

you want to know what the most important one word is for Tony Robbins Gary

one word is for Tony Robbins Gary

one word is for Tony Robbins Gary Vaynerchuk Oprah Winfrey will.i.am and

Vaynerchuk Oprah Winfrey will.i.am and

Vaynerchuk Oprah Winfrey will.i.am and Howard Schultz I have a very special

Howard Schultz I have a very special

Howard Schultz I have a very special secret video for you check the

secret video for you check the

secret video for you check the description for details

”

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