I am telling you, the world's first trillionaires are going to come from somebody who masters A.I. and all its derivatives and applies it in ways we never thought of.
I look at my annual budgets for everything and anything, and I look to see where I can save the most money on those items. Saving 30% to 50% buying in bulk - replenishable items from toothpaste to soup, or whatever I use a lot of - is the best guaranteed return on investment you can get anywhere.
Whatever you can say in a meeting, you can put in an email. If I have questions, I'll tell you via email.
If the pitch starts with a sob story, I'm out. If the pitch talks about personal issues, I'm out. If the pitch starts off with how big the market opportunity is, I'm out. If the pitch tells me what is unique about the product, how it can make a profit, and it's an area where I have expertise, I will read on.
My guiding principle and motivation was that I wanted to retire by the time I turned 35. There actually are two books that I bought and still have - Paul Terhost's 'Cashing In On the American Dream: How to Retire at 35' and Andrew Tobias's 'The Only Investment Guide You'll Ever Need' - that were my personal financial road map.
Wherever I see people doing something the way it's always been done, the way it's 'supposed' to be done, following the same old trends, well, that's just a big red flag to me to go look somewhere else.
I'm not the type to pat myself on the back and all that, but somebody has to be lucky, right? When I got to Dallas, I was struggling - sleeping on the floor with six guys in a three-bedroom apartment. I used to drive around, look at the big houses, and imagine what it would be like to live there and use that as motivation.
Leaders don't change their positions mid-debate. They welcome scorn from the masses because it creates the opportunity for dialogue.
The only thing in your control is effort. That's all, and that's everything.Collection: Inspirational
Time is the most valuable asset you don’t own. You may or may not realize it yet, but how you use or don’t use your time is going to be the best indication of where your future is going to take you .Collection: Use
Wherever there is change, and wherever there is uncertainty, there is opportunity!Collection: Opportunity
Selling is never about convincing. It is always about helping.Collection: Helping
It's not in the dreaming, it's in the doing.Collection: Inspirational
Always wake up with a smile knowing that today you are going to have fun accomplishing what others are too afraid to do.Collection: Motivational
It doesn't matter how many times you fail. It doesn't matter how many times you almost get it right. No-one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you. All that matters in business is that you get it right once. Then everyone can tell you how lucky you are.Collection: Failure
If you really want to know where your destiny lies, look at where you apply your time.Collection: Lying
Learn to sell. In business you’re always selling: to your prospects, investors and employees. To be the best salesperson put yourself in the shoes of the person to whom you’re selling. Don’t sell your product. Solve their problems.Collection: Business
Doesn't matter if the glass is half-empty or half-full. All that matters is that you are the one pouring the water.Collection: Motivation
There is only one thing in life you can control: Your own effort.Collection: Inspiration
Today is the youngest you will ever be. Live like it.Collection: Motivation
Every 'No' gets me closer to a 'Yes'.Collection: Inspiration
Work like there is someone working twenty-four hours a day to take it all away from you.Collection: Inspiring
Find something you love to do. If you don't make money at it, at least you love going to work.Collection: Inspiration
There are no shortcuts. You have to work hard, and try to put yourself in a position where if luck strikes, you can see the opportunity and take advantage of it.Collection: Hard Work
Perfectionism is the enemy of profitability.Collection: Enemy
Everyone tells you how they are going to be "special", but few do the work to get there. Do the work.Collection: Special
I learned how to become wealthy because I asked the right questions when I was broke.Collection: Broke
It doesn't matter how many times you fail. You only have to be right once and then everyone can tell you that you are an overnight success.Collection: Determination
Do your homework and know your business better than anyone. Otherwise, someone who knows more and works harder will kick your ass.Collection: Hard Work
Success is about making your life a special version of unique that fits who you are - not what other people want you to be.Collection: Unique
You never win any games you don't play.Collection: Winning
Once you have found out what you love to do, there is only one goal: to be the best in the world at it.Collection: Inspiration
Don't get caught up in how many hours you work. Judge success based on having goals and measuring your results. Hard work, and lots of it, is certainly needed, but focus on what you get done.Collection: Business
I was a beast in college. I worked hard and I played hard. I was relentless learning about business. I actually snuck into MBA classes my freshman and sophomore years. I wanted to challenge myself to see how I compared to the smartest kids at Indiana University so I was 18 and pretended I was an MBA student.Collection: Kids
On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.Collection: Real
Brains are far more important than money or connections. Everyone and anyone can create a business out of their bedroom.Collection: Brain
Every now and then I love to invest in a company that may not set the world on fire, but has the chance to establish itself, create jobs and have a positive impact.Collection: Jobs
If Ayn Rand were an up-and-coming author today, she wouldn't write about steel or railroads, it would be Net Neutrality.Collection: Writing
When I started writing this blog more than years ago, it was in response to traditional media's habit of twisting interviews to fit the headlines they wanted to create.Collection: Funny
In these times of the "Great Recession", we shouldn't be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes, I don't. I find it patriotic.Collection: Patriotic
If you have managers reporting to managers in a startup, you will fail. Once you get beyond startup, if you have managers reporting to managers, you will create politics.Collection: Business
Yes. And release prisoners who are incarcerated for pot.Collection: Marijuana
In today's world of technology we should no longer be using outdated paper processes to accomplish tasks such as requisitions, reports, approvals, and purchase ordersCollection: Technology
I daydreamed for motivation. I didn't lie to myself and talk about my passions and how if I was passionate enough about something I could be successful at it.Collection: Motivation
You need a place where you can explain yourself. You can write as much or as little as you would like, but the words will be all yours. You can create the context. You can make sure that all issues are addressed. You can take issue with individuals or the media as a whole. Your words, your message.Collection: Writing
There is very little knowledge that can't be obtained through effort. With knowledge you can determine the state of any business or opportunity and find a course to gain an advantage.Collection: Opportunity
The new moron in town is Chad Ford of ESPN.com.Collection: Funny