hello believe nation I serve dimension II series with the goal to try to hang
II series with the goal to try to hang
II series with the goal to try to hang on people who had a lot more success at
on people who had a lot more success at
on people who had a lot more success at us and hopefully by spending a little
us and hopefully by spending a little
us and hopefully by spending a little more time with them some of their
more time with them some of their
more time with them some of their mindset their belief systems our way of
mindset their belief systems our way of
mindset their belief systems our way of thinking seeped into us to help us
thinking seeped into us to help us
thinking seeped into us to help us become the best version of ourselves so
become the best version of ourselves so
become the best version of ourselves so today we’re going to learn some of the
today we’re going to learn some of the
today we’re going to learn some of the very best advice from some of the Forbes
very best advice from some of the Forbes
very best advice from some of the Forbes billionaires
billionaires
billionaires so every year Forbes make a list of the
so every year Forbes make a list of the
so every year Forbes make a list of the richest people in the world many of them
richest people in the world many of them
richest people in the world many of them are entrepreneurs and I thought it’d be
are entrepreneurs and I thought it’d be
are entrepreneurs and I thought it’d be a fun idea to take some of the very best
a fun idea to take some of the very best
a fun idea to take some of the very best advice from the list of the wealthiest
advice from the list of the wealthiest
advice from the list of the wealthiest most successful Forbes billionaires to
most successful Forbes billionaires to
most successful Forbes billionaires to help us get strong and as always as
help us get strong and as always as
help us get strong and as always as you’re watching the video if you hear
you’re watching the video if you hear
you’re watching the video if you hear something that really resonates with you
something that really resonates with you
something that really resonates with you please leave it down the comments below
please leave it down the comments below
please leave it down the comments below and put quotes around it as well so
and put quotes around it as well so
and put quotes around it as well so other people can be inspired to enjoy
[Music]
[Music] when I started Microsoft I didn’t think
when I started Microsoft I didn’t think
when I started Microsoft I didn’t think of it as all that risky I mean I was so
of it as all that risky I mean I was so
of it as all that risky I mean I was so excited about what we were doing
excited about what we were doing
excited about what we were doing it’s true I could have gone bankrupt but
it’s true I could have gone bankrupt but
it’s true I could have gone bankrupt but you know I had a set of skills that were
you know I had a set of skills that were
you know I had a set of skills that were highly employable and in fact my parents
highly employable and in fact my parents
highly employable and in fact my parents were still willing to let me go back to
were still willing to let me go back to
were still willing to let me go back to Harvard and finish my education if I
Harvard and finish my education if I
Harvard and finish my education if I wanted to you’ve always got a job with a
wanted to you’ve always got a job with a
wanted to you’ve always got a job with a bill and the only thing that was scary
bill and the only thing that was scary
bill and the only thing that was scary to me wasn’t quitting and starting the
to me wasn’t quitting and starting the
to me wasn’t quitting and starting the company was when I started hiring my
company was when I started hiring my
company was when I started hiring my friends and they expected to be paid and
friends and they expected to be paid and
friends and they expected to be paid and then we had customers who went bankrupt
then we had customers who went bankrupt
then we had customers who went bankrupt customers that I’d counted on to come
customers that I’d counted on to come
customers that I’d counted on to come through and so then I got this
through and so then I got this
through and so then I got this incredibly conservative approach that I
incredibly conservative approach that I
incredibly conservative approach that I wanted to have enough money in the bank
wanted to have enough money in the bank
wanted to have enough money in the bank to pay a year’s worth of payroll even if
to pay a year’s worth of payroll even if
to pay a year’s worth of payroll even if we didn’t get any any team was coming in
we didn’t get any any team was coming in
we didn’t get any any team was coming in and I’m almost heard of that the whole
and I’m almost heard of that the whole
and I’m almost heard of that the whole time we have about 10 billion now which
time we have about 10 billion now which
time we have about 10 billion now which is pretty much enough for the next year
anyway I if you’re going to start a
anyway I if you’re going to start a company and take so much energy that you
company and take so much energy that you
company and take so much energy that you know you better overcome your your
know you better overcome your your
know you better overcome your your feeling of risk I don’t think that you
feeling of risk I don’t think that you
feeling of risk I don’t think that you necessarily if you’re going to start a
necessarily if you’re going to start a
necessarily if you’re going to start a company should do it at the start of
company should do it at the start of
company should do it at the start of your career I think there’s a lot to be
your career I think there’s a lot to be
your career I think there’s a lot to be said for working for company learning
said for working for company learning
said for working for company learning how they do things you know if you’re
how they do things you know if you’re
how they do things you know if you’re young it’s hard to go leased premises
young it’s hard to go leased premises
young it’s hard to go leased premises they made that hard for you couldn’t
they made that hard for you couldn’t
they made that hard for you couldn’t rent a car when you were under 25 at the
rent a car when you were under 25 at the
rent a car when you were under 25 at the time so I was always taking taxis to go
time so I was always taking taxis to go
time so I was always taking taxis to go see customer and the people would you
see customer and the people would you
see customer and the people would you know people say we’re going to go have a
know people say we’re going to go have a
know people say we’re going to go have a discussion in the bar well I could go to
discussion in the bar well I could go to
discussion in the bar well I could go to the bar and you know that’s fun because
the bar and you know that’s fun because
the bar and you know that’s fun because I’ll tell you when people are first
I’ll tell you when people are first
I’ll tell you when people are first skeptical and then go this kid doesn’t
skeptical and then go this kid doesn’t
skeptical and then go this kid doesn’t know anything then when you show them
know anything then when you show them
know anything then when you show them you’ve really got a good product you
you’ve really got a good product you
you’ve really got a good product you know something they actually tend to go
know something they actually tend to go
know something they actually tend to go overboard and they think whoa you know
overboard and they think whoa you know
overboard and they think whoa you know they know a lot let’s really do an
they know a lot let’s really do an
they know a lot let’s really do an incredible amount of these people so are
incredible amount of these people so are
incredible amount of these people so are you at least in this country was a huge
you at least in this country was a huge
you at least in this country was a huge asset for us once we reached a certain
asset for us once we reached a certain
asset for us once we reached a certain threshold it is hard it’s hard to hire
threshold it is hard it’s hard to hire
threshold it is hard it’s hard to hire old older people because they’ll be a
old older people because they’ll be a
old older people because they’ll be a little bit conservative about whether
little bit conservative about whether
little bit conservative about whether they should come in and take the risk
they should come in and take the risk
they should come in and take the risk and it took three or four years before
and it took three or four years before
and it took three or four years before we could go out into the normal sort of
we could go out into the normal sort of
we could go out into the normal sort of employment pool but those those problems
employment pool but those those problems
employment pool but those those problems that come with starting the firm you
that come with starting the firm you
that come with starting the firm you better think of those as part of the the
better think of those as part of the the
better think of those as part of the the pleasure part of the the challenge that
pleasure part of the the challenge that
pleasure part of the the challenge that that is part of the excitement I was
that is part of the excitement I was
that is part of the excitement I was just wondering what is what would you
just wondering what is what would you
just wondering what is what would you consider to be the worst investment
consider to be the worst investment
consider to be the worst investment you’ve ever made the worst investment I
you’ve ever made the worst investment I
you’ve ever made the worst investment I ever made how long do you have
I’ve made some very bad ones but that
I’ve made some very bad ones but that doesn’t really bother me I am that they
doesn’t really bother me I am that they
doesn’t really bother me I am that they bother the shareholders but that’s
bother the shareholders but that’s
bother the shareholders but that’s another question yeah
another question yeah
another question yeah you know you’re going to make you make
you know you’re going to make you make
you know you’re going to make you make mistakes in life I mean there’s no
mistakes in life I mean there’s no
mistakes in life I mean there’s no question about it you don’t want to make
question about it you don’t want to make
question about it you don’t want to make them under big decisions you know who
them under big decisions you know who
them under big decisions you know who you marry and things like that so
you marry and things like that so
you marry and things like that so there’s no way I’m going to make a lot
there’s no way I’m going to make a lot
there’s no way I’m going to make a lot of business and investment decisions
of business and investment decisions
of business and investment decisions without making some mistakes I may try
without making some mistakes I may try
without making some mistakes I may try to minimize them I don’t I don’t dwell
to minimize them I don’t I don’t dwell
to minimize them I don’t I don’t dwell on them at all I don’t I don’t look back
on them at all I don’t I don’t look back
on them at all I don’t I don’t look back that the biggest mistakes are the ones
that the biggest mistakes are the ones
that the biggest mistakes are the ones that actually don’t show up they’re the
that actually don’t show up they’re the
that actually don’t show up they’re the mistakes of omission rather than
mistakes of omission rather than
mistakes of omission rather than Commission we’ve never lost that much
Commission we’ve never lost that much
Commission we’ve never lost that much money on any one investment but it’s the
money on any one investment but it’s the
money on any one investment but it’s the things that I knew enough to do that I
things that I knew enough to do that I
things that I knew enough to do that I didn’t do we’ve we have missed profits
didn’t do we’ve we have missed profits
didn’t do we’ve we have missed profits of as much as you know maybe ten billion
of as much as you know maybe ten billion
of as much as you know maybe ten billion dollars in things that I knew enough to
dollars in things that I knew enough to
dollars in things that I knew enough to do and I didn’t do now the fact that is
do and I didn’t do now the fact that is
do and I didn’t do now the fact that is by Microsoft wayback is not a forgone
by Microsoft wayback is not a forgone
by Microsoft wayback is not a forgone opportunity because I didn’t know enough
opportunity because I didn’t know enough
opportunity because I didn’t know enough to make that decision
to make that decision
to make that decision but there have been other investments
but there have been other investments
but there have been other investments where I did know enough to make the
where I did know enough to make the
where I did know enough to make the decision and for one reason another I
decision and for one reason another I
decision and for one reason another I either didn’t do it at all or I did it
either didn’t do it at all or I did it
either didn’t do it at all or I did it on a small scale as I was sucking my
on a small scale as I was sucking my
on a small scale as I was sucking my thumb when I should have been writing
thumb when I should have been writing
thumb when I should have been writing checks you know basically and and and
checks you know basically and and and
checks you know basically and and and you know those don’t show up there’s no
you know those don’t show up there’s no
you know those don’t show up there’s no place where it shows missed
place where it shows missed
place where it shows missed opportunities but I’ve missed some big
opportunities but I’ve missed some big
opportunities but I’ve missed some big one the triumphs in life are partly
one the triumphs in life are partly
one the triumphs in life are partly trying because you know that everything
trying because you know that everything
trying because you know that everything isn’t going to be a triumph and and and
isn’t going to be a triumph and and and
isn’t going to be a triumph and and and I would never get too hung up on
I would never get too hung up on
I would never get too hung up on mistakes I know a lot of people that
mistakes I know a lot of people that
mistakes I know a lot of people that really agonize over them and it just
really agonize over them and it just
really agonize over them and it just isn’t worth it I mean tomorrow’s another
isn’t worth it I mean tomorrow’s another
isn’t worth it I mean tomorrow’s another day and you live it forward and just go
day and you live it forward and just go
day and you live it forward and just go on to the next thing and we know from
on to the next thing and we know from
on to the next thing and we know from our past experiences that big things
our past experiences that big things
our past experiences that big things start small you know the biggest oak
start small you know the biggest oak
start small you know the biggest oak starts from an acorn and you’ve got to
starts from an acorn and you’ve got to
starts from an acorn and you’ve got to recognize you want to do anything new
recognize you want to do anything new
recognize you want to do anything new you’ve got to be willing to let that
you’ve got to be willing to let that
you’ve got to be willing to let that acorn grow into a little sapling and
acorn grow into a little sapling and
acorn grow into a little sapling and then finally into a small tree and maybe
then finally into a small tree and maybe
then finally into a small tree and maybe one day it’ll be a big business on its
one day it’ll be a big business on its
one day it’ll be a big business on its own and in fact that’s one of the models
own and in fact that’s one of the models
own and in fact that’s one of the models for one of your initiatives and forgive
for one of your initiatives and forgive
for one of your initiatives and forgive my my pronunciation of the Latin but
my my pronunciation of the Latin but
my my pronunciation of the Latin but Greta team for Ock what does that mean
Greta team for Ock what does that mean
Greta team for Ock what does that mean to you well it means step by step
to you well it means step by step
to you well it means step by step ferociously and it’s the motto for Blue
ferociously and it’s the motto for Blue
ferociously and it’s the motto for Blue Origin
Origin
Origin and basically you can’t skip steps you
and basically you can’t skip steps you
and basically you can’t skip steps you have to put one foot in front of the
have to put one foot in front of the
have to put one foot in front of the other things take time you there are no
other things take time you there are no
other things take time you there are no shortcuts and but but you want to do
shortcuts and but but you want to do
shortcuts and but but you want to do those steps with you know passion and
those steps with you know passion and
those steps with you know passion and ferocity the main thing is just when
ferocity the main thing is just when
ferocity the main thing is just when you’re starting something it’s um it’s
you’re starting something it’s um it’s
you’re starting something it’s um it’s just kind of hard you need to be pretty
just kind of hard you need to be pretty
just kind of hard you need to be pretty headstrong about it or and they’re gonna
headstrong about it or and they’re gonna
headstrong about it or and they’re gonna be all these challenges that come up and
be all these challenges that come up and
be all these challenges that come up and I think the main thing that you need to
I think the main thing that you need to
I think the main thing that you need to do is just not give up right and and
do is just not give up right and and
do is just not give up right and and kind of know what you want to do and you
kind of know what you want to do and you
kind of know what you want to do and you know the best entrepreneurs that who
know the best entrepreneurs that who
know the best entrepreneurs that who I’ve met don’t really start companies
I’ve met don’t really start companies
I’ve met don’t really start companies because their goal is to build a company
because their goal is to build a company
because their goal is to build a company they do it because they want to make a
they do it because they want to make a
they do it because they want to make a change in the world and help people and
change in the world and help people and
change in the world and help people and I think if you if you kind of stay true
I think if you if you kind of stay true
I think if you if you kind of stay true to that and and if you just focus on
to that and and if you just focus on
to that and and if you just focus on kind of powering through no matter what
kind of powering through no matter what
kind of powering through no matter what the the challenges are that will
the the challenges are that will
the the challenges are that will inevitably come up in your path then um
inevitably come up in your path then um
inevitably come up in your path then um you’ll find that there are lots of tools
you’ll find that there are lots of tools
you’ll find that there are lots of tools that are available and a lot of people
that are available and a lot of people
that are available and a lot of people who will help you build what you’re
who will help you build what you’re
who will help you build what you’re building pick things up for yourself
building pick things up for yourself
building pick things up for yourself come to your own judgments then simply
come to your own judgments then simply
come to your own judgments then simply conform to conventional ways of thinking
conform to conventional ways of thinking
conform to conventional ways of thinking conventional ways of dressing
conventional ways of dressing
conventional ways of dressing conventional ways of acting that a lot
conventional ways of acting that a lot
conventional ways of acting that a lot of this a lot of things are based on
of this a lot of things are based on
of this a lot of things are based on fashion even morality at times is based
fashion even morality at times is based
fashion even morality at times is based on fashion
on fashion
on fashion it was once that yeah slavery was once
it was once that yeah slavery was once
it was once that yeah slavery was once not considered not to be immoral you
not considered not to be immoral you
not considered not to be immoral you know people in people are shocked that
know people in people are shocked that
know people in people are shocked that the ancient Greeks had slaves that we
the ancient Greeks had slaves that we
the ancient Greeks had slaves that we had slavery in this country as recently
had slavery in this country as recently
had slavery in this country as recently as you know a hundred and thirty hundred
as you know a hundred and thirty hundred
as you know a hundred and thirty hundred forty years ago so there are more moral
forty years ago so there are more moral
forty years ago so there are more moral value have to really go back to first
value have to really go back to first
value have to really go back to first principles and think things out for
principles and think things out for
principles and think things out for yourself whether the scientific
yourself whether the scientific
yourself whether the scientific principles or moral principles or
principles or moral principles or
principles or moral principles or business ideas or product ideas you have
business ideas or product ideas you have
business ideas or product ideas you have to think things out yourself I believe
to think things out yourself I believe
to think things out yourself I believe that family and personal life and
that family and personal life and
that family and personal life and business or professional life is not
business or professional life is not
business or professional life is not only compatible is necessary you will
only compatible is necessary you will
only compatible is necessary you will have a better professional life with a
have a better professional life with a
have a better professional life with a good personal life and family life that
good personal life and family life that
good personal life and family life that if you don’t have a good personal life
if you don’t have a good personal life
if you don’t have a good personal life my family life I think I don’t know aunt
my family life I think I don’t know aunt
my family life I think I don’t know aunt and the contrary and it’s very clear
and the contrary and it’s very clear
and the contrary and it’s very clear that that the good personal life make
that that the good personal life make
that that the good personal life make you stronger you are stronger for the
you stronger you are stronger for the
you stronger you are stronger for the challenges you are walking I think I
challenges you are walking I think I
challenges you are walking I think I don’t believe in working 20 hours of 16
don’t believe in working 20 hours of 16
don’t believe in working 20 hours of 16 hours of 14 hours when you work too much
hours of 14 hours when you work too much
hours of 14 hours when you work too much is because your job is beyond you you
is because your job is beyond you you
is because your job is beyond you you are not controlling this you are not
are not controlling this you are not
are not controlling this you are not doing with your job if you need to be 15
doing with your job if you need to be 15
doing with your job if you need to be 15 hours 16 hours because you are not
hours 16 hours because you are not
hours 16 hours because you are not organized then you don’t have delegation
organized then you don’t have delegation
organized then you don’t have delegation of your responsibilities and and I don’t
of your responsibilities and and I don’t
of your responsibilities and and I don’t believe that in any business in any
believe that in any business in any
believe that in any business in any activity you need to work 15 or 16 hours
activity you need to work 15 or 16 hours
activity you need to work 15 or 16 hours and you don’t have time for yourself or
and you don’t have time for yourself or
and you don’t have time for yourself or for your family for anyone
for your family for anyone
for your family for anyone when I graduate from university and
when I graduate from university and
when I graduate from university and before you know for three years I tried
before you know for three years I tried
before you know for three years I tried fill in the universities to apply jobs
fill in the universities to apply jobs
fill in the universities to apply jobs for 30 times got rejected
for 30 times got rejected
for 30 times got rejected I went for a police we didn’t know
I went for a police we didn’t know
I went for a police we didn’t know you’re not good I went to you know even
you’re not good I went to you know even
you’re not good I went to you know even the KFC when KFC came to check our blood
the KFC when KFC came to check our blood
the KFC when KFC came to check our blood a variety 24 people went for the job 23
a variety 24 people went for the job 23
a variety 24 people went for the job 23 people accepted I was only with guys and
people accepted I was only with guys and
people accepted I was only with guys and we went for please five people all of
we went for please five people all of
we went for please five people all of them accepted I was the only guard in
them accepted I was the only guard in
them accepted I was the only guard in our respectful people so for me being
our respectful people so for me being
our respectful people so for me being turned down rejected oh by the way I
turned down rejected oh by the way I
turned down rejected oh by the way I told you that I would apply for Harvard
told you that I would apply for Harvard
told you that I would apply for Harvard for 10 times rejected I know you really
for 10 times rejected I know you really
for 10 times rejected I know you really are sorry now 10 times you wrote them
are sorry now 10 times you wrote them
are sorry now 10 times you wrote them and said I’d like to come to Harvard
and said I’d like to come to Harvard
and said I’d like to come to Harvard yeah and then I told myself somebody I
yeah and then I told myself somebody I
yeah and then I told myself somebody I should go teach there buddy
should go teach there buddy
should go teach there buddy if you want to make a quick buck you can
if you want to make a quick buck you can
if you want to make a quick buck you can do it a lot of different ways you can
do it a lot of different ways you can
do it a lot of different ways you can cheat somebody you can misrepresent
cheat somebody you can misrepresent
cheat somebody you can misrepresent something you can go manipulate the plot
something you can go manipulate the plot
something you can go manipulate the plot system to get an advantage but if you
system to get an advantage but if you
system to get an advantage but if you want to if you want to be successful
want to if you want to be successful
want to if you want to be successful over a long period of time I believe you
over a long period of time I believe you
over a long period of time I believe you need to be to focus first of all on
need to be to focus first of all on
need to be to focus first of all on creating value for others and that’s an
creating value for others and that’s an
creating value for others and that’s an O that’s I’ve had people well that’s
O that’s I’ve had people well that’s
O that’s I’ve had people well that’s naive
naive
naive that’s utopian no it isn’t because why
that’s utopian no it isn’t because why
that’s utopian no it isn’t because why will the customers want to pay you
will the customers want to pay you
will the customers want to pay you anything over a long period unless
anything over a long period unless
anything over a long period unless you’re creating value for them why would
you’re creating value for them why would
you’re creating value for them why would your your employees want to work for you
your your employees want to work for you
your your employees want to work for you and if they did they didn’t have any
and if they did they didn’t have any
and if they did they didn’t have any alternative why do they want to give
alternative why do they want to give
alternative why do they want to give their best efforts why do they want to
their best efforts why do they want to
their best efforts why do they want to get excited why would they wake up at
get excited why would they wake up at
get excited why would they wake up at night with ideas if you’re in a
night with ideas if you’re in a
night with ideas if you’re in a community a plan in the community unless
community a plan in the community unless
community a plan in the community unless you’re creating value for that community
you’re creating value for that community
you’re creating value for that community why would the community want you there
why would the community want you there
why would the community want you there if you’re polluting and hurting people
if you’re polluting and hurting people
if you’re polluting and hurting people and not contributing anything to the
and not contributing anything to the
and not contributing anything to the community so long-term success starts
community so long-term success starts
community so long-term success starts with being dedicated to creating value
with being dedicated to creating value
with being dedicated to creating value for others it’s it’s not altruism if my
for others it’s it’s not altruism if my
for others it’s it’s not altruism if my whole philosophy is is to have a system
whole philosophy is is to have a system
whole philosophy is is to have a system of mutual benefit where both parties
of mutual benefit where both parties
of mutual benefit where both parties gain a society based on win-win the only
gain a society based on win-win the only
gain a society based on win-win the only thing that you can control that
thing that you can control that
thing that you can control that influences success in life is how hard
influences success in life is how hard
influences success in life is how hard you work how honest you are and how well
you work how honest you are and how well
you work how honest you are and how well you deal with others you can control
you deal with others you can control
you deal with others you can control those are variables but those variables
those are variables but those variables
those are variables but those variables it you can’t control how lucky you are
it you can’t control how lucky you are
it you can’t control how lucky you are although the more you work the luckier
although the more you work the luckier
although the more you work the luckier you get you have no influence on the
you get you have no influence on the
you get you have no influence on the intellectual capabilities that God did
intellectual capabilities that God did
intellectual capabilities that God did or did not give you but you can work as
or did not give you but you can work as
or did not give you but you can work as hard as possible you can be scrupulously
hard as possible you can be scrupulously
hard as possible you can be scrupulously honest so that people respect you and
honest so that people respect you and
honest so that people respect you and you can get along with others because
you can get along with others because
you can get along with others because nobody does anything by themselves did
nobody does anything by themselves did
nobody does anything by themselves did you have to pay a price to you
you have to pay a price to you
you have to pay a price to you personally no I think that everything is
personally no I think that everything is
personally no I think that everything is an either-or you there is a price and
an either-or you there is a price and
an either-or you there is a price and everything you can study or you can go
everything you can study or you can go
everything you can study or you can go out and play you can just
out and play you can just
out and play you can just for two others or you can try to hog the
for two others or you can try to hog the
for two others or you can try to hog the credit you can be honest and suffer the
credit you can be honest and suffer the
credit you can be honest and suffer the consequences or you can lie cheat and
consequences or you can lie cheat and
consequences or you can lie cheat and steal and short-term maybes in advance
steal and short-term maybes in advance
steal and short-term maybes in advance but long-term you are better off as
but long-term you are better off as
but long-term you are better off as you’ll work harder you are better off if
you’ll work harder you are better off if
you’ll work harder you are better off if you’re honest and you are better off if
you’re honest and you are better off if
you’re honest and you are better off if you give others credit and get them to
you give others credit and get them to
you give others credit and get them to help you with by helping them what do
help you with by helping them what do
help you with by helping them what do you tell others who try to strike that
you tell others who try to strike that
you tell others who try to strike that balance between family and work and
balance between family and work and
balance between family and work and where you have you know the answer of
where you have you know the answer of
where you have you know the answer of either/or is invariably yes you can’t go
either/or is invariably yes you can’t go
either/or is invariably yes you can’t go all in one direction you cannot walk
all in one direction you cannot walk
all in one direction you cannot walk away from your family for your career on
away from your family for your career on
away from your family for your career on the other hand if you walk away from
the other hand if you walk away from
the other hand if you walk away from your career from your career for your
your career from your career for your
your career from your career for your family you’re not going to have the
family you’re not going to have the
family you’re not going to have the money to support the family and parents
money to support the family and parents
money to support the family and parents all the time are making those kinds of
all the time are making those kinds of
all the time are making those kinds of choices between career and family they
choices between career and family they
choices between career and family they do some of both and you try to blend the
do some of both and you try to blend the
do some of both and you try to blend the two and that may not be the perfect
two and that may not be the perfect
two and that may not be the perfect answer but that’s a practical answer
answer but that’s a practical answer
answer but that’s a practical answer that I’ve always told you on people when
that I’ve always told you on people when
that I’ve always told you on people when they go off to college you have to study
they go off to college you have to study
they go off to college you have to study and you have to get good grades but you
and you have to get good grades but you
and you have to get good grades but you certainly should have a good time as
certainly should have a good time as
certainly should have a good time as well because that’s part of your growing
well because that’s part of your growing
well because that’s part of your growing up experience and there’s no point in
up experience and there’s no point in
up experience and there’s no point in leading life to suffer all the time you
leading life to suffer all the time you
leading life to suffer all the time you want to enjoy life as well as the next
want to enjoy life as well as the next
want to enjoy life as well as the next person so it’s some balance some blend
person so it’s some balance some blend
person so it’s some balance some blend between the two I want to talk about
between the two I want to talk about
between the two I want to talk about dreams for a second
dreams for a second
dreams for a second and in my kids literally in a dream when
and in my kids literally in a dream when
and in my kids literally in a dream when I was in college I was sure that I’ve
I was in college I was sure that I’ve
I was in college I was sure that I’ve been admitted by a clerical error really
been admitted by a clerical error really
been admitted by a clerical error really a computer error and because of that an
a computer error and because of that an
a computer error and because of that an irrational fear I’d be spent called on
irrational fear I’d be spent called on
irrational fear I’d be spent called on the bus and surveys fear knows this is
the bus and surveys fear knows this is
the bus and surveys fear knows this is true but it turns out because of that
true but it turns out because of that
true but it turns out because of that anxiety I woke up literally with a dream
anxiety I woke up literally with a dream
anxiety I woke up literally with a dream it was kind of a strange dream it went
it was kind of a strange dream it went
it was kind of a strange dream it went like I think I could download the entire
like I think I could download the entire
like I think I could download the entire web on the phone
web on the phone
web on the phone chitters they were lying around and that
chitters they were lying around and that
chitters they were lying around and that probably seemed pretty crazy to most
probably seemed pretty crazy to most
probably seemed pretty crazy to most people but I stayed up all hours in the
people but I stayed up all hours in the
people but I stayed up all hours in the middle of the night doing some math and
middle of the night doing some math and
middle of the night doing some math and it seemed actually pretty plausible all
it seemed actually pretty plausible all
it seemed actually pretty plausible all something actually didn’t keep any of
something actually didn’t keep any of
something actually didn’t keep any of the webpages you only couple links and
the webpages you only couple links and
the webpages you only couple links and then sort of figure it out given all
then sort of figure it out given all
then sort of figure it out given all that data that’ll take a couple weeks
that data that’ll take a couple weeks
that data that’ll take a couple weeks and I told my advisor that and he sort
and I told my advisor that and he sort
and I told my advisor that and he sort of laughed to me and of course there
of laughed to me and of course there
of laughed to me and of course there wasn’t a year or two but at the end of
wasn’t a year or two but at the end of
wasn’t a year or two but at the end of that we had a way to rank web pages and
that we had a way to rank web pages and
that we had a way to rank web pages and no top searches all and eventually
no top searches all and eventually
no top searches all and eventually surgicenter the picture and you know the
surgicenter the picture and you know the
surgicenter the picture and you know the rest
rest
rest and that became Google Books and rings
and that became Google Books and rings
and that became Google Books and rings everyone followed every
thank you guys so much for watching I
thank you guys so much for watching I hope you enjoyed I’d love to know what
hope you enjoyed I’d love to know what
hope you enjoyed I’d love to know what did you think of this video did you
did you think of this video did you
did you think of this video did you enjoy did you learn from it what was
enjoy did you learn from it what was
enjoy did you learn from it what was your favorite clip and what was the
your favorite clip and what was the
your favorite clip and what was the biggest message that you took from this
biggest message that you took from this
biggest message that you took from this video what are you going to immediately
video what are you going to immediately
video what are you going to immediately apply to your life or to your business
apply to your life or to your business
apply to your life or to your business leave it down in the comments below and
leave it down in the comments below and
leave it down in the comments below and I’m going to join in the discussion
I’m going to join in the discussion
I’m going to join in the discussion finally I also want to give a quick
finally I also want to give a quick
finally I also want to give a quick shout of the kree stuff thank you so
shout of the kree stuff thank you so
shout of the kree stuff thank you so much for picking up a copy of my book
much for picking up a copy of my book
much for picking up a copy of my book your one word and posting that funny
your one word and posting that funny
your one word and posting that funny picture on Instagram that included the
picture on Instagram that included the
picture on Instagram that included the little tiny Teemo on the side I really
little tiny Teemo on the side I really
little tiny Teemo on the side I really really really appreciate your support so
really really appreciate your support so
really really appreciate your support so thank you guys again for watching I
thank you guys again for watching I
thank you guys again for watching I believe in you I hope you continue to
believe in you I hope you continue to
believe in you I hope you continue to believe in yourself and whatever your
believe in yourself and whatever your
believe in yourself and whatever your one word is much love please
the one wonders has we focused on the
the one wonders has we focused on the short-term and money coming in when
short-term and money coming in when
short-term and money coming in when creating company because otherwise the
creating company because otherwise the
creating company because otherwise the company will for die so that the I think
company will for die so that the I think
company will for die so that the I think that a lot of times people think like
that a lot of times people think like
that a lot of times people think like creating company is going to be fun I
creating company is going to be fun I
creating company is going to be fun I would say it’s not it’s really not that
would say it’s not it’s really not that
would say it’s not it’s really not that fun when their periods of fun and their
fun when their periods of fun and their
fun when their periods of fun and their periods of which were just awful
periods of which were just awful
periods of which were just awful and particularly if you CEO of the
and particularly if you CEO of the
and particularly if you CEO of the company you actually have a distillation
company you actually have a distillation
company you actually have a distillation of all the worst problems in a company
of all the worst problems in a company
of all the worst problems in a company so there’s no point in spending your
so there’s no point in spending your
so there’s no point in spending your time on things that are going right so
time on things that are going right so
time on things that are going right so you only spend on things on your time on
you only spend on things on your time on
you only spend on things on your time on things that are going wrong and and
things that are going wrong and and
things that are going wrong and and there are things that are going wrong
there are things that are going wrong
there are things that are going wrong that other people can’t can’t take care
that other people can’t can’t take care
that other people can’t can’t take care of so you’re like the worst you have a
of so you’re like the worst you have a
of so you’re like the worst you have a filter for the crappers problems in the
filter for the crappers problems in the
filter for the crappers problems in the company the most pernicious and painful
company the most pernicious and painful
company the most pernicious and painful problems so I would say it’s I think you
problems so I would say it’s I think you
problems so I would say it’s I think you have to feel quite compelled to do it
have to feel quite compelled to do it
have to feel quite compelled to do it and have a fairly high pain threshold
and have a fairly high pain threshold
and have a fairly high pain threshold and there’s a friend of mine who says
and there’s a friend of mine who says
and there’s a friend of mine who says like starting companies like sharing
like starting companies like sharing
like starting companies like sharing exhibits and eating glass and distant
exhibits and eating glass and distant
exhibits and eating glass and distant rooster that we’re starting to be abuzz
rooster that we’re starting to be abuzz
rooster that we’re starting to be abuzz part is that you’re going to be
part is that you’re going to be
part is that you’re going to be constantly facing the extermination of
constantly facing the extermination of
constantly facing the extermination of the company because most most startups
the company because most most startups
the company because most most startups fail like 90% ugly 99% of of startzville
fail like 90% ugly 99% of of startzville
fail like 90% ugly 99% of of startzville so I bet that’s the staring in to give
so I bet that’s the staring in to give
so I bet that’s the staring in to give this part you can’t constantly saying
this part you can’t constantly saying
this part you can’t constantly saying okay if I don’t get this right the
okay if I don’t get this right the
okay if I don’t get this right the company will die should be quite
company will die should be quite
company will die should be quite stressful quite stressful and and then
stressful quite stressful and and then
stressful quite stressful and and then the eating glass part is you’ve got
the eating glass part is you’ve got
the eating glass part is you’ve got you’ve got to do you’ve got to do the
you’ve got to do you’ve got to do the
you’ve got to do you’ve got to do the problems you put your go to work in the
problems you put your go to work in the
problems you put your go to work in the problem that the company needs you to
problem that the company needs you to
problem that the company needs you to work on that problems you want to work
work on that problems you want to work
work on that problems you want to work on and so that but that’s you end up
on and so that but that’s you end up
on and so that but that’s you end up working on problems that that you’d
working on problems that that you’d
working on problems that that you’d really wish you weren’t working on and
really wish you weren’t working on and
really wish you weren’t working on and so that’s the eating glass part then
so that’s the eating glass part then
so that’s the eating glass part then that goes on for a long time so how do
that goes on for a long time so how do
that goes on for a long time so how do you keep your focus on the big picture
you keep your focus on the big picture
you keep your focus on the big picture when you’re constantly faced with we
when you’re constantly faced with we
when you’re constantly faced with we could be out of business in a month
well it’s just a very small percentage
well it’s just a very small percentage of mental energies on the on the big
of mental energies on the on the big
of mental energies on the on the big picture like you know you know where you
picture like you know you know where you
picture like you know you know where you generally heading for and and the
generally heading for and and the
generally heading for and and the special path is going to be some sort of
special path is going to be some sort of
special path is going to be some sort of zigzagging thing in that direction it
zigzagging thing in that direction it
zigzagging thing in that direction it cry not to deviate too far from the path
cry not to deviate too far from the path
cry not to deviate too far from the path that that you want to be on but you’re
that that you want to be on but you’re
that that you want to be on but you’re going to have to do that some degree but
going to have to do that some degree but
going to have to do that some degree but I don’t want to I don’t want to diminish
I don’t want to I don’t want to diminish
I don’t want to I don’t want to diminish that I mean I think the product the
that I mean I think the product the
that I mean I think the product the profit motive is it is a is a good one
profit motive is it is a is a good one
profit motive is it is a is a good one if the rules of an industry are properly
if the rules of an industry are properly
if the rules of an industry are properly set up so there’s only fundamentally
set up so there’s only fundamentally
set up so there’s only fundamentally wrong with pub but in fact profit just
wrong with pub but in fact profit just
wrong with pub but in fact profit just means that people are paying you more
means that people are paying you more
means that people are paying you more for whatever you’re doing then you’re
for whatever you’re doing then you’re
for whatever you’re doing then you’re spending to create it that’s a good
spending to create it that’s a good
spending to create it that’s a good thing and if you’re not if that’s not
thing and if you’re not if that’s not
thing and if you’re not if that’s not the case then you’ll be out of business
the case then you’ll be out of business
the case then you’ll be out of business and rightfully so sure you’re not adding
and rightfully so sure you’re not adding
and rightfully so sure you’re not adding enough value there’s a Latin expression
enough value there’s a Latin expression
enough value there’s a Latin expression which i think is great I love it within
which i think is great I love it within
which i think is great I love it within a now very old movie called the Dead
a now very old movie called the Dead
a now very old movie called the Dead Poets Society but the line of the movie
Poets Society but the line of the movie
Poets Society but the line of the movie was carpe diem seize the day the
was carpe diem seize the day the
was carpe diem seize the day the opportunities are there but you got to
opportunities are there but you got to
opportunities are there but you got to reach out and pick them up you’ve got to
reach out and pick them up you’ve got to
reach out and pick them up you’ve got to grab at them some of you may have
grab at them some of you may have
grab at them some of you may have already done that at the you and your
already done that at the you and your
already done that at the you and your classes and other students that you met
classes and other students that you met
classes and other students that you met in your extracurricular activities but
in your extracurricular activities but
in your extracurricular activities but grab them don’t be afraid to make a
grab them don’t be afraid to make a
grab them don’t be afraid to make a mistake because you know what you can do
mistake because you know what you can do
mistake because you know what you can do if you grab the wrong one
if you grab the wrong one
if you grab the wrong one drop it and pick up another one it’s
drop it and pick up another one it’s
drop it and pick up another one it’s okay
okay
okay seize the day I think back of all of the
seize the day I think back of all of the
seize the day I think back of all of the the luck
the luck
the luck but also the times that were in front of
but also the times that were in front of
but also the times that were in front of me to seize the day I don’t know what
me to seize the day I don’t know what
me to seize the day I don’t know what got me to drop out of business school
got me to drop out of business school
got me to drop out of business school and come to Microsoft my parents thought
and come to Microsoft my parents thought
and come to Microsoft my parents thought I was a whack job
I was a whack job
I was a whack job neither one of them graduated college
neither one of them graduated college
neither one of them graduated college and they thought this was really a wild
and they thought this was really a wild
and they thought this was really a wild idea I was lucky I seize the day
idea I was lucky I seize the day
idea I was lucky I seize the day Microsoft one day some guys fly in from
Microsoft one day some guys fly in from
Microsoft one day some guys fly in from from IBM and all of a sudden we figure
from IBM and all of a sudden we figure
from IBM and all of a sudden we figure out we could actually
out we could actually
out we could actually provide all the software they need for
provide all the software they need for
provide all the software they need for this thing that became the personal
this thing that became the personal
this thing that became the personal computer people bill Paul they have the
computer people bill Paul they have the
computer people bill Paul they have the wisdom to seize the day when that
wisdom to seize the day when that
wisdom to seize the day when that opportunity presented itself and yet
opportunity presented itself and yet
opportunity presented itself and yet when you think of all the opportunities
when you think of all the opportunities
when you think of all the opportunities when I think back of all the
when I think back of all the
when I think back of all the opportunities I’ve had the one that was
opportunities I’ve had the one that was
opportunities I’ve had the one that was most important was an opportunity I got
most important was an opportunity I got
most important was an opportunity I got 1969 sitting in my junior high school
1969 sitting in my junior high school
1969 sitting in my junior high school class I was in a public junior high not
class I was in a public junior high not
class I was in a public junior high not very stimulated at the time and over the
very stimulated at the time and over the
very stimulated at the time and over the loudspeaker they said that what private
loudspeaker they said that what private
loudspeaker they said that what private high school in our area that I’d never
high school in our area that I’d never
high school in our area that I’d never heard of with giving scholarship tests
heard of with giving scholarship tests
heard of with giving scholarship tests that weekend I told my mother I wanted
that weekend I told my mother I wanted
that weekend I told my mother I wanted to take him she said that’s fine as long
to take him she said that’s fine as long
to take him she said that’s fine as long as you get a scholarship because we
as you get a scholarship because we
as you get a scholarship because we can’t afford to send you there but
can’t afford to send you there but
can’t afford to send you there but that’s really where I got switched down
that’s really where I got switched down
that’s really where I got switched down switched on and math switched on
switched on and math switched on
switched on and math switched on personally energized in a way that never
personally energized in a way that never
personally energized in a way that never never could be turned back and I’m very
never could be turned back and I’m very
never could be turned back and I’m very thankful for that opportunity yes
thankful for that opportunity yes
thankful for that opportunity yes there’s a lot of lots in opportunity but
there’s a lot of lots in opportunity but
there’s a lot of lots in opportunity but there’s a lot of seizing the day and I
there’s a lot of seizing the day and I
there’s a lot of seizing the day and I encourage you all to reach out and carpe
encourage you all to reach out and carpe
encourage you all to reach out and carpe diem really seize the opportunities that
diem really seize the opportunities that
diem really seize the opportunities that are in front of you I’ve been working
are in front of you I’ve been working
are in front of you I’ve been working I’ve been in business 269 years since I
I’ve been in business 269 years since I
I’ve been in business 269 years since I was 12 and every time well after the
was 12 and every time well after the
was 12 and every time well after the first dozen or so businesses I realized
first dozen or so businesses I realized
first dozen or so businesses I realized that the only way to get ahead was to do
that the only way to get ahead was to do
that the only way to get ahead was to do things different differently than the
things different differently than the
things different differently than the way it was being done and then I came to
way it was being done and then I came to
way it was being done and then I came to learn which I finally learned it my rug
learn which I finally learned it my rug
learn which I finally learned it my rug young age that if you do things
young age that if you do things
young age that if you do things differently success will follow you like
differently success will follow you like
differently success will follow you like your shadow and you can’t get rid of it
your shadow and you can’t get rid of it
your shadow and you can’t get rid of it so that’s what I did
so that’s what I did
so that’s what I did so people doubted me because people just
so people doubted me because people just
so people doubted me because people just didn’t do what I what I would do it’s a
didn’t do what I what I would do it’s a
didn’t do what I what I would do it’s a matter of Tainted finding out what it is
matter of Tainted finding out what it is
matter of Tainted finding out what it is that an end
that an end
that an end three does and identify the opportunity
three does and identify the opportunity
three does and identify the opportunity to as to how to do it differently and
to as to how to do it differently and
to as to how to do it differently and then being enough of a risk-taker to
then being enough of a risk-taker to
then being enough of a risk-taker to actually do it differently
actually do it differently
actually do it differently so people doubted me because nobody
so people doubted me because nobody
so people doubted me because nobody thought of doing it the way that I did
thought of doing it the way that I did
thought of doing it the way that I did and nobody had the they didn’t have the
and nobody had the they didn’t have the
and nobody had the they didn’t have the they were satisfied with the status quo
they were satisfied with the status quo
they were satisfied with the status quo and I’m never satisfied with this better
and I’m never satisfied with this better
and I’m never satisfied with this better school
”
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