REAL AF with Andy Frisella - October 28, 2016


The Advantage of Being Broke, with Andy Frisella - MFCEO103


Episode Stats


Length

16 minutes

Words per minute

175.72716

Word count

2,906

Sentence count

108

Harmful content

Toxicity

64

sentences flagged

Hate speech

11

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode of the MFCEO Project, we cover a question that I get all the time from the young bucks trying to figure out how to become a better entrepreneur. And the answer to that question is... Nobody feels sorry for you!

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 I wanna be a motherfuckin' hustler, you better ask somebody 0.99
00:00:03.760 What is up guys, you're listening to the MFCEO Project, I'm Andy, I'm your host, and I am 0.99
00:00:17.920 the motherfuckin' CEO. Guys, today is Friday fire, alright? I've got something that's on 0.96
00:00:25.100 my mind, I've got something that's just burning me up from the inside, it's a question that
00:00:30.340 I get, or a comment that I get over and over and over again from the young bucks trying
00:00:38.200 to come out there and make something happen. If this is your first time listening, Tuesdays
00:00:43.480 we do practical advice, practical skills, things that you can take and go utilize in
00:00:49.240 your mission to be successful. And that mission to be successful can apply to any area, it
00:00:54.640 can apply to business, it can apply to your relationships, it can apply to fitness, or a million other
00:01:00.700 different things, okay? The point of this podcast is this, you are the CEO of you, and if you
00:01:07.680 don't realize or recognize that the entrepreneurial values that have to do with building a business
00:01:14.000 can also build every single area of your life, you're missing the point, okay? So we're gonna
00:01:20.360 talk about things usually in terms of business, but the principles that we talk about here can
00:01:26.620 always be applied to every area of your life. Today, like I said, I want to cover something
00:01:32.280 that I get all the time. And before I get into the actual point that I want to address, I want
00:01:40.000 to say something. I want you guys to understand this. Look, everybody gets discouraged. I get that.
00:01:47.580 Entrepreneurialism is not for the faint of heart. And the world is going to punch you in the fucking 1.00
00:01:53.280 face a million times if that's the path you choose. But here's the reality, guys. More often than not, 1.00
00:02:00.800 we're having pity parties for ourselves. Not because we're genuinely discouraged, but because we want to
00:02:08.700 whine and cry and have other people make sympathy about us because it lets us off the hook. It's saying,
00:02:16.200 hey, you know what? I tried my best. Don't you think? Oh, yeah, sure. You tried your best. Oh,
00:02:22.240 good. And then you go and quit. It's like getting permission to quit. And guys, that is not the way
00:02:28.300 to go through life. Nobody really gives a fuck if you make it or not. That's the honest to God's truth. 0.95
00:02:34.880 Nobody gives a fuck how hard it is. Nobody gives a fuck if you're struggling, okay? The only thing that 0.99
00:02:42.300 people care about is your results. They care about what you can prove at the end of the day,
00:02:48.740 all right? And you might have your wife or your kids or somebody very close to you, like a best
00:02:53.640 friend who knows that you're just killing yourself day in and day out to make something happen. They
00:03:00.740 might care, okay? I get that. But most people don't care, okay? So every whiny status that you put out,
00:03:06.940 every complaining, bitchy, moaning, crybaby shit that you put out on the internet, which is so popular 1.00
00:03:15.940 these days, realize that when people like that, they really don't fucking care, all right? Nobody 1.00
00:03:21.340 feels sorry for you, okay? Now, with that point being said, I want to address something that I get
00:03:29.100 all the time, all right? And keep in mind my first point, that nobody fucking feels sorry for you 0.95
00:03:34.140 at all, ever, all right? You might think they care and feel sorry for you because they're being 0.89
00:03:42.220 nice, but when they walk away two seconds later, they're not thinking about you. The only thing
00:03:48.380 they're thinking about is themselves. That's why the key to be successful is to provide value to every
00:03:53.760 other person sitting at your quote-unquote table, because when you do that, you're doing something that
00:04:00.000 people care about, all right? But here's something that I get day in and day out, especially from the
00:04:06.700 young bucks, okay? The people wanting to build something, the people wanting to become something, the
00:04:12.300 people that have all these ideas, but they haven't done anything yet, all right? And I get this all the
00:04:21.000 fucking time. Andy, I have this idea. It's the greatest idea on earth. It's so awesome. It's 0.98
00:04:30.680 going to be the next biggest thing. It's going to be the next version of X, and X means some other
00:04:36.060 company that they're copying, which probably is a bad idea to start with, all right? I'm going to do
00:04:42.680 this and this and this and this, and the only problem is, is that I don't have any money, and I don't
00:04:49.880 have parents that are wealthy that can invest in me, and I don't know anybody who's wealthy that can
00:04:55.800 invest in me, okay? I get this all the time. This is probably the number one email that I get sent, and
00:05:06.440 guys, if you're sending a fucking email that says this to somebody, you probably don't have the skills 0.99
00:05:13.780 to make it in the first place. That's the honest to God's truth, because there's a difference between 0.99
00:05:19.320 true entrepreneurial spirit and people who want to be entrepreneurs because it's cool, and they saw 0.84
00:05:26.620 some dude on the internet posing in front of a rented fucking Ferrari, you know, who's pretending to be 0.77
00:05:31.620 something that they think they want to be. They're enamored with the idea of success, okay? And guys, 0.98
00:05:39.000 let me explain something that the real entrepreneurs understand that the wannabe entrepreneurs that are
00:05:46.500 never going to be able to be anything do not. The people who write me these emails and say this shit, 0.99
00:05:51.360 they don't understand this. Lack of resources is always going to be your biggest advantage, okay? 1.00
00:05:59.380 You don't have any fucking money? Good. That forces you to think. That forces you to be creative. It 0.99
00:06:08.080 forces you to actually go out and do the work face-to-face to make connections with people
00:06:14.360 face-to-face, which, by the way, I don't care what any person says. You know, all these people talk about
00:06:20.580 your sales funnels and the internet and Facebook ads and this and that and this. The greatest thing
00:06:27.960 that you could do, the most effective thing that you could do is go out, shake somebody's hand and 1.00
00:06:33.660 say, nice to meet you, and look them right in the fucking eye. Tell them what you do, make a genuine 0.99
00:06:38.880 connection. That's the most effective thing you could do, but most people are so unwilling to do
00:06:44.940 that, they're always looking for the way to band-aid having to do that by coming up with some money,
00:06:51.060 money, all right? And guys, I'm going to tell you right now, I've been in business for 17 years now.
00:06:57.160 I've gone against a lot of well-funded people when I didn't have any money, okay? We didn't have what
00:07:03.740 we have now where we actually have money to do things. We had nothing, and I went against people
00:07:08.820 who had a lot more money than me, and guess what? I kicked the shit out of them, and you know why I 0.99
00:07:12.280 kicked the shit out of them? Because along the way on my journey, I always had to do things 0.99
00:07:19.200 creatively. I always had to do things the hard way. I always had to do the things that the other
00:07:25.360 guys wouldn't do, not because I wanted to do them, but because I had to do them, all right? And those
00:07:32.220 skills that you learn through that process of being underfunded are the actual skills that are going to
00:07:40.680 build your business. They're the actual skills that are going to make you into a success. They are the
00:07:46.680 actual skills that are going to develop the discipline that you need to develop to do what
00:07:52.860 the other guy won't, okay? Guys, I've gone through this literally dozens of times against bigger,
00:08:00.300 badder, more funded, probably smarter guys than me, but I won every time, and the reason I win is 0.89
00:08:09.000 because I am willing to go out and do the fucking work because I had to go do the work to get this far, 0.97
00:08:15.200 all right? So when you're the new guy and you don't have, and let me explain this in a real world 0.97
00:08:22.260 scenario too, by the way, okay? Let's say you've got two guys. You got one guy, like I just described
00:08:27.300 me, who has zero money in the beginning, all right? And probably like you too. I want to start
00:08:33.900 something, but I don't have any way to start. Then you have another guy who, let's say he's got an
00:08:39.180 investor, maybe a wealthy family, maybe he's got somebody giving him money, or maybe he's got somebody's
00:08:44.260 somebody else's money. All right, let me tell you how this is going to work out. The guy with no
00:08:51.120 money is going to have to go out. He's going to have to probably go door to door. He's probably
00:08:56.000 going to have to contact people directly. He's going to have to email people back directly.
00:09:00.680 He's going to have to rely on other people to create a network for him, and that's going to take 0.69
00:09:06.560 him going over the top and creating genuine reactions of, holy shit, that guy's awesome 0.62
00:09:13.540 through his communications with these people, okay? And he's going to have to work the system 0.97
00:09:19.400 one person at a time, okay? And he's going to learn a lot by that. He's going to have to do creative
00:09:26.600 things like we had to do. He's going to have to go door to door. He's going to have to have little
00:09:32.300 barbecues where he meets people. He's going to have to, you know, go to lunch with influencers in
00:09:37.180 his marketplace. He's going to have to do all the little things that guy number two isn't going to
00:09:43.380 do. And I'm going to tell you why he's not going to do it. Because instead of going door to door and
00:09:48.300 meeting people, you know what this guy's going to do? He's going to buy ads, all right? Instead of
00:09:54.200 having a barbecue where you shake somebody's hand and meet somebody and say, hey, thank you so much
00:09:58.220 for coming, I really appreciate it. Even if it's only one person that shows up, you know what this
00:10:02.340 guy over here on the right's going to do? The guy with the money? He's going to buy ads, okay?
00:10:09.240 Instead of actually creating genuine interactions with people himself and learning and understanding
00:10:16.760 what people want because he has to talk to people himself, you know what he's going to do over here?
00:10:22.420 He's going to hire employees to do that communication for him. So what is he not learning by actually
00:10:28.100 not being on the front lines, all right? There's a ton of things that the guy with the money is
00:10:33.640 never, ever, ever going to be in a position to learn, which eventually, let's say five years down
00:10:39.600 the road, what's going to happen here, all right? The guy that started with no money is going to have
00:10:44.660 a huge network of people that love him, that care about him, that want to do business with him because
00:10:49.760 he's a tremendous person and he's learned that he absolutely has to do a great job. The guy with
00:10:56.560 all the money is going to be the guy who's trying to spend more ads that produce less results over
00:11:01.680 time and he's going to slowly strangle himself by his own overabundance of resources, okay? So when
00:11:10.700 you send me an email and say, well, I want to start this but I don't have this or I don't have that or
00:11:16.640 I don't have this, I either think, A, you do not understand how this is going to work, which you 1.00
00:11:21.680 probably don't or B, you're a complete and total fucking pussy who doesn't want to do the work, 1.00
00:11:28.080 who isn't willing to go out and do what it takes and is looking for the quick fix band-aid and I'm 1.00
00:11:33.100 going to tell you right now, I would take being the underfunded guy one million times to zero to
00:11:39.720 being the guy that has the resources because dude, when you are the underfunded person, you have to do
00:11:46.520 what it takes. You don't have a fucking choice. When you're the overfunded person, you do have a 0.99
00:11:52.420 choice. You have a choice to pay somebody to go do something that you would normally have to do and
00:11:58.060 that person isn't going to do his good enough job as what you would do and second of all, you're not
00:12:03.040 going to learn whatever lesson that task or that assignment or that project would have taught you
00:12:08.960 personally because you're not in the trenches doing it and I see this over and over and over again.
00:12:15.960 I see people trying to raise money, trying to get a loan, trying to get this. How about this?
00:12:22.940 How about if you focus on fucking selling shit and focus on providing a real value, a real solution 0.99
00:12:29.800 and doing it the best way possible, you don't have to raise fucking money because guess what? 1.00
00:12:35.120 You're going to be selling shit. That's the point. Lack of resources is no excuse. Lack of resources 1.00
00:12:43.100 is something that you are putting in your own head because you're scared to go out and do the
00:12:50.200 nitty gritty, get the hands dirty work that needs to be done and you young entrepreneurs who are 0.98
00:12:56.640 emailing me in on a consistent basis saying the same old bullshit about lack of resources, lack of 0.96
00:13:03.540 resources, lack of money, lack of this, lack of that. Dude, you guys should not pursue entrepreneurship 0.98
00:13:10.620 or you should sack the fuck up and do the nitty gritty that needs to be done because I'm going to 0.73
00:13:17.360 tell you right now, the guy with less resources is the guy that learns all the lessons and 10 years 0.99
00:13:22.880 from now he has all those lessons for his life and he is beating the shit out of every other person
00:13:28.760 that comes and competes with him. The guy with all the money, he don't ever learn shit. 1.00
00:13:33.680 He learns that the solution is always money and I'm going to tell you right now, guys, in business, 0.98
00:13:38.360 the solution is not always money, especially now, especially with social media, especially
00:13:43.620 with the quickness that word of mouth spreads. We cannot afford to not actually care about people
00:13:53.240 and make genuine, real connections with people, okay? And I see this all the time from people who
00:14:01.260 are trying to build brands on social media. Dude, you're going to tell me you've got fucking 0.99
00:14:07.060 2,000 followers and you can't fucking reply back to the people who comment on your fucking post? 1.00
00:14:12.840 How lazy are you? I see this in the fitness industry a lot because that's our industry, you know? 1.00
00:14:17.980 People comment in, hey, you know, dude, thank you so much for this information or you look great or 0.99
00:14:24.880 you do this and dude, zero fucking replies. Like the person who made the post acts like these people 0.97
00:14:30.260 aren't even fucking there. How fucking rude is that? That's the same thing as being in a gym and 0.99
00:14:36.420 somebody come up to you and say, hey man, you look really good and you just fucking walking away 0.98
00:14:40.660 without saying a word. Would you do that in real life? No, you probably wouldn't. So why the fuck do 0.96
00:14:46.440 you do it on the internet? Okay? You're building a brand. You're building something that you plan to 0.99
00:14:53.840 market. Those people that comment on your fucking page are the most valuable asset that you'll ever 1.00
00:14:59.700 fucking have and you're treating them like dirt. What's that say about you? What's that say about 1.00
00:15:05.880 your work ethic? You're not willing to put fucking 30 minutes into commenting back to somebody or 0.98
00:15:11.140 fucking your five comments? Dude, I get fucking hundreds of comments on every post I make and I comment 1.00
00:15:15.560 back to almost everyone as long as I possibly can. And I guarantee I'm busier than you. 0.98
00:15:22.960 Your problem isn't lack of resources. Your problem is you're not utilizing your resources.
00:15:28.240 That's the bottom line. And you guys who are young, you guys who are hungry, you guys who want to make
00:15:33.780 it no matter what, you already know what I'm talking about because you will do every single thing and see
00:15:39.880 every single opportunity and maximize every single opportunity every single time. The rest of you
00:15:47.480 guys, you guys like the idea of owning some shit or having a car or having a fucking house and you're 1.00
00:15:53.740 not willing to do the nitty gritty of what needs to be done. And dude, if you can't understand what 0.99
00:16:00.160 I'm talking about and you're not willing to put in the work and you're not willing to put in the fucking 0.98
00:16:04.100 elbow grease, it's going to take, and let's be real, dude, it's elbow grease. We're talking about 0.98
00:16:09.140 here. We were fucking 2016 elbow grease has come down to typing a few things with your fucking 1.00
00:16:14.460 thumbs. Okay. If you're not willing to do that, you don't deserve to be successful. You don't deserve 1.00
00:16:19.980 a goddamn thing. Lack of resources is your ultimate resource. 1.00
00:16:25.540 This is for the G's and this is for the hustler. This is for the hustlers. Now back to the G's. 0.88