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Stephen Bartlett

๐Ÿ‘ค Speaker
942 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

Yeah, yeah, yeah.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

Yeah, yeah, yeah.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

Yeah, yeah, yeah.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And then it takes like another five years. And a lot of people, that's it. Like they restart, they go off, crash and burn. And it takes another five years to build something that can create generational wealth. So it's about a 10-year slug. And here's the really hard truth about it.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And then it takes like another five years. And a lot of people, that's it. Like they restart, they go off, crash and burn. And it takes another five years to build something that can create generational wealth. So it's about a 10-year slug. And here's the really hard truth about it.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And then it takes like another five years. And a lot of people, that's it. Like they restart, they go off, crash and burn. And it takes another five years to build something that can create generational wealth. So it's about a 10-year slug. And here's the really hard truth about it.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

If you have a job right now, for almost all of that five years, you quit your job because you don't want to work as hard as you are and you want to make more money. And as soon as you quit, you will realize that you are now going to work way harder than you were, and you're going to make less money for an extended period of time.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

If you have a job right now, for almost all of that five years, you quit your job because you don't want to work as hard as you are and you want to make more money. And as soon as you quit, you will realize that you are now going to work way harder than you were, and you're going to make less money for an extended period of time.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

If you have a job right now, for almost all of that five years, you quit your job because you don't want to work as hard as you are and you want to make more money. And as soon as you quit, you will realize that you are now going to work way harder than you were, and you're going to make less money for an extended period of time.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

The one benefit is that you get to claim all responsibility for how little you make and how much you work. Because you're like, my boss is an idiot, and it's me. But it's the truth. And I think that in some ways, having that... Optimistic ignorance is actually one of the really redeeming traits of entrepreneurs.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

The one benefit is that you get to claim all responsibility for how little you make and how much you work. Because you're like, my boss is an idiot, and it's me. But it's the truth. And I think that in some ways, having that... Optimistic ignorance is actually one of the really redeeming traits of entrepreneurs.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

The one benefit is that you get to claim all responsibility for how little you make and how much you work. Because you're like, my boss is an idiot, and it's me. But it's the truth. And I think that in some ways, having that... Optimistic ignorance is actually one of the really redeeming traits of entrepreneurs.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And one of the really hard parts is that the biggest jump you have to make gets so immediately reinforced from the freedom you have from being able to chart your own path. But that big success of quitting one thing and starting another, you need to immediately forget.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And one of the really hard parts is that the biggest jump you have to make gets so immediately reinforced from the freedom you have from being able to chart your own path. But that big success of quitting one thing and starting another, you need to immediately forget.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And one of the really hard parts is that the biggest jump you have to make gets so immediately reinforced from the freedom you have from being able to chart your own path. But that big success of quitting one thing and starting another, you need to immediately forget.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And I think that fundamentally, that is why so many entrepreneurs keep doing it is because the first time you do it, it's the biggest rush ever. You quit your job, you do the business, and you get some first traction. And that first dollar that you make when the new business, it's like the best dollar ever, right? But it's such a strong reinforcer that what does it reinforce?

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And I think that fundamentally, that is why so many entrepreneurs keep doing it is because the first time you do it, it's the biggest rush ever. You quit your job, you do the business, and you get some first traction. And that first dollar that you make when the new business, it's like the best dollar ever, right? But it's such a strong reinforcer that what does it reinforce?

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And I think that fundamentally, that is why so many entrepreneurs keep doing it is because the first time you do it, it's the biggest rush ever. You quit your job, you do the business, and you get some first traction. And that first dollar that you make when the new business, it's like the best dollar ever, right? But it's such a strong reinforcer that what does it reinforce?

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

It reinforces stopping what you're doing and starting something else. And so I think one of the fundamental errors of entrepreneurship is that sometimes the jumping ship to start this thing is the lesson that you need to immediately unlearn because after that, you have to just stick with it for a very long period of time.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

It reinforces stopping what you're doing and starting something else. And so I think one of the fundamental errors of entrepreneurship is that sometimes the jumping ship to start this thing is the lesson that you need to immediately unlearn because after that, you have to just stick with it for a very long period of time.