Valuetainment - The Importance of Having Stamina As An Entrepreneur

00:00:00.000 I recently saw an animation that explains stamina and lasting a long time better than any other

00:00:05.360 animation that I've ever seen. It's two different people. They both plant a tree. They both have the

00:00:10.240 harvest. One continues, the other one slows down. Just take a look and see what happens here. Take

00:00:14.120 a look at this. So you got both. They're growing. They're about the same size right now, okay? One

00:00:19.740 takes the profits and eats it. The other one's like, I'm still going, I'm reinvesting. The other

00:00:24.020 says, what are you doing? Why are you still working? The other guy's like, I'm a big thinker.

00:00:27.200 Eventually, the other one's like, I'm hungry. Well, the other one says, I'll sell it to you

00:00:30.660 for $1,000. Why would you sell it to me for $1,000? All you care about is money. No, all

00:00:35.340 you cared about was kicking back while I was focused on long-term. While you slow down after

00:00:40.240 a year, I kept going for five years. While you slow down after two and a half years, I kept

00:00:43.840 going for 10 years. While you slow down for five years, I kept going for 20 years. You

00:00:47.540 cannot compare the two. This illustration explains the power of compound interest, explains why,

00:00:52.580 you know, how some teams win, fourth quarter, their stamina level in overtime, late in the

00:00:58.540 season, all the pain, all the drama, all the constant traveling, every aspect of a life.

00:01:06.000 This illustration explains what happens if you can last a long time. So the question you're

00:01:12.700 going to ask yourself is, which one of these two are you? You're the one that takes the profits

00:01:17.080 early, or you're the one that lasts a long time? If you're the one that takes the profits

00:01:20.720 that's early, you may want to continue because eventually you're going to be asking the other

00:01:23.700 guy for some help. If you're the person that's continuing, I salute you. You're a big thinker.

00:01:29.000 Your future looks bright. Either way, I made a video a couple years ago titled, How to Make

00:01:32.820 a Million Dollar Your Income, that gives you the formula that has to do similar to what this

00:01:37.860 illustration is. If you've never watched it before, click here to go watch that video.

00:01:42.540 With that being said, have a great week, everybody. Take care. Bye-bye.

00:01:50.720 Bye-bye.

Valuetainment - July 19, 2021