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Dan Martell
- July 13, 2015
Startup Balance With Kids: How To Be a Great Entrepreneur And Father
Episode Stats
Length
8 minutes
Words per Minute
217.79276
Word Count
1,832
Sentence Count
79
Misogynist Sentences
4
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
(
turbo
).
Misogyny classifications generated with
MilaNLProc/bert-base-uncased-ear-misogyny
.
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How do you build a company and be a great father?
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You know, I mean, obviously this is just about being parents,
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but I can only speak from the male point of view.
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You know, over the last few years,
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I've had the most amazing and crazy
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and stressful and nutty time,
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not only building my companies,
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but also just being a dad.
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I don't know if you know this story,
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but three years ago, we were blessed
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with the birth of our first son,
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and at the exact same time that my wife got pregnant,
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she started a company called OnBorly,
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I started a new start-up called Clarity,
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and then we went through this nine-month period
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of her being pregnant, moving,
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we decided we needed a summer home close to our parents
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so that we could spend more time with the family,
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and we worked on building a new house.
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Nine, or 11 months later, two months into her,
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after she gave birth, we found out
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we were having our second son.
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So essentially in a two-year period,
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we built two companies, had two kids,
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and we ended up building our dream home
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because we needed to finally settle down for our family,
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and I can't tell you how crazy that was,
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but it really forced me to figure out
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kind of like how do you do it all?
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Because I really didn't have a choice.
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Like these things were set in motion.
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I ended up raising 1.6 million for my company Clarity,
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and I needed to figure this out.
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I also wanted to be an amazing father and present
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and put in, you know, like to be sure
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that I also helped and supported my beautiful wife Renee.
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So, you know, to me, what I want to share with you guys
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is kind of five strategies that I've figured out.
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Not a perfect, there's probably people watching this video
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that are amazing fathers, amazing husbands,
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and I bow down to you, I'm still learning.
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But these are the strategies that work for me.
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The first one is boundaries.
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Really understanding where do you work and where do you play.
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And I feel like sometimes a lot of people,
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they don't think about those boundaries that say,
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you know what, on Saturdays, those are family days
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and those are sacred and those are non-negotiables
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or first thing in the morning,
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that's when I spend time with my kids
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because I'm not gonna see them for the rest of the day
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or maybe you figure out with your partner,
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how do you do handoffs?
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And a lot of times people think
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that it's very rigid and scheduled
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but I've gotta be honest with you,
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without that structure, it's gonna be really hard
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for you to have an impact in both aspects in your life,
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both on your relationship with your kids
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and in your business.
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So really having those boundaries and figuring out the non-negotiables for both sides.
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The things like, you know, maybe you say I will always be there for my kids' birthdays
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and that's a non-negotiable so that way, you know, if you decide that now
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when some big important, you know, event happens in your business
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you can actually say, you know what, I can't do that
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and that's just part of kind of the decisions you made up front.
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So I sat down and I made those boundaries and worked with my wife
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to figure out how they kind of came to be.
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The other one is to be present.
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You know, I think I'm guilty of this with my phone,
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especially with my friends where I'm easily distracted
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because I'm a tech guy.
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I build software companies.
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So one thing that I always remind myself
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that I'm with my kids, I mean, at a minimum,
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if you've ever texted and drove in your car
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or even just pulled out your phone to,
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I don't touch my phone when I get in the car.
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That is a rule.
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You know, maybe it's a sense of responsibility now
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to these two beautiful lives in the back seat.
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That is just a non-negotiable for me.
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The other thing is, when I'm with them,
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I make sure that I'm present,
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that I'm 100% focused on what they're doing.
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I call this ground time.
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The thing that kids want the most
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is your time sat on the ground playing with them.
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That's really all they want.
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So you gotta ask yourself, how much ground time
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are you getting a week with your kids,
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if you have a business?
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And I know it's tough because in business
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you're always thinking about like,
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well I'm doing this for my family.
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Trust me, we'll go over that at the end of this video,
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But, you know, if it's really for your family,
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think about what they want the most.
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They want you to be present and available.
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You know, the third strategy is the two roles.
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And I learned this from an amazing woman, Esther Perel.
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She wrote a book called Mating in Captivity,
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and I had the absolute pleasure to run into her at an event
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and see her speak.
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And then Renee and I were there,
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and we got to sit down and talk to her about
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how do you think about building companies
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and being entrepreneurs?
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We're two entrepreneurs in our family.
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We both have aspirations to leave a big impact
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and build businesses, but we also want to be amazing parents.
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And she talked to us about these two roles.
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One is the CEO of Family Inc.
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And the other one is the CEO of Relationship Inc.
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And usually the Family Inc. is the person
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that just naturally always thinks
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about the family's well-being.
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Obviously, that's my wife.
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And sometimes it's the guy.
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You just gotta decide who that is.
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And then Relationship Inc. is the person
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that's responsible for the relationship.
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Because if you think about it,
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your kids want nothing more than for you guys.
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the parents to be amazing and happy and that's all they want.
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So having somebody that's 100% focused on that,
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ensuring that the relationships of the date nights
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are scheduled, that you're doing maybe quarterly retreats
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like we do where we disconnect, no phones,
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just for us two where we make sure that we spend time
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talking about kind of our future and our plans
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and all that stuff.
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And then on the family side,
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Renee's always thinking about the kids
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who they have sunscreen on.
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I mean, these things that just naturally don't happen to me.
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Don't hate me, I'm just telling you like,
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the first thing I do when I wake up
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is not check the weather to see
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if the kids need to be lathered up in sunscreen,
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but I understand the importance,
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and because I now know there's these two roles,
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I have such an appreciation for what she does,
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and she has an appreciation for what I do
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when I think about the relationship,
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when she knows I'm trying to get some time on her calendar
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so that we can do our retreats.
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I mean, these are big commitments.
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Four days disconnected, we gotta get the babysitter,
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we gotta figure out where we're gonna go.
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We need to kinda plan what we're gonna do during that time.
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She understands why because it's for us
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and when she cleans the house before the cleaning lady
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shows up because that's what she does as a mother,
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I totally respect that and appreciate it
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because she's doing it for the family.
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And those two roles are absolutely incredible.
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The fourth thing I wanna share with you guys is block time.
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Understanding in your calendar to get things done,
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major projects, initiatives,
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the big rocks sometimes they're called,
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you gotta block it out in your calendar.
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Like if you're working on a big project
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and you haven't actually blocked the time to do it.
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I mean, everything from, if you're gonna write a book,
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you gotta go on your calendar for like 12 weeks,
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block it out.
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If you wanna start a new marketing initiative for Facebook,
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the next five days, you gotta block out your afternoons
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and actually get the work done.
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If you actually can block out the time at work
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and make it a non-distraction environment
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where nobody else can call you or reach out
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and you're actually doing that work,
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you're gonna be able to have the impact in your business
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and you're not gonna feel like the Saturdays or the Sundays
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as you're spending the whole days with your families
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are times when you could have been getting caught up
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because trust me, most of us are distracted.
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We spend way too much time on things
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that don't move the needle and block time for me
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is how I get, essentially I claim my day.
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I get my day back by not worrying about
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all the thousand things that are other people's
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to-do busyness and actually working on the things
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for myself and now finally I wanna share with you guys
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the fifth thing is don't sacrifice your family
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for your business and maybe you say,
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well, of course I would never do that,
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but trust me, I can't tell you how many entrepreneurs,
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for whatever reason, they justify to themselves
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that they're doing it for their family.
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You know, I'm not even gonna argue that side of it.
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I'm gonna argue the fact of the disruption.
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If you do not spend the time on the family throughout
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as a consistent thing, the impact and frustration
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of fighting and the issues you're gonna introduce
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to your kids and you're gonna have to deal with that
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or maybe worst case, you guys get divorced
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and you have to deal with a divorce.
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Trust me, just think about it.
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Just make it work because it's overall gonna give you
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that support that you need to actually build the business
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and it's not gonna distract you.
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And if you do all the other things,
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I believe you can have both.
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You can have an amazing relationship
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with your kids and your wife
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and you can also build a great, world-changing,
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high-impact company at the same time.
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It's just gonna take some discipline and some structure.
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If you like this video, please like the video.
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Leave me a comment below with any other strategies
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that you have for really making the entrepreneurial side
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to meet and work great with the family side
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because it's something that I know that a lot of you guys
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are having to deal with with new babies on the way
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or young kids.
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I'd love to hear from you below in the comments.
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I want to challenge you guys to live both a bigger life
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and a bigger business.
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That was what we talked about in this video
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and I'll see you guys next Monday.
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