Stephen Bartlett
π€ SpeakerAppearances Over Time
Podcast Appearances
You don't know how to make a million dollars a year. And so the question is, what is the value of that skill? And the answer is the difference. And so the troll who responded to this originally was like, well, you can keep going. What about $100 million a year or a billion dollars a year? And I was like, yes, yes.
You don't know how to make a million dollars a year. And so the question is, what is the value of that skill? And the answer is the difference. And so the troll who responded to this originally was like, well, you can keep going. What about $100 million a year or a billion dollars a year? And I was like, yes, yes.
If you had the skill of making a billion dollars a year, then the difference between 50,000 and a billion is the delta of the value of that skill. And it's really not one skill. It's many skills that ladder up to when combined together to create that kind of value.
If you had the skill of making a billion dollars a year, then the difference between 50,000 and a billion is the delta of the value of that skill. And it's really not one skill. It's many skills that ladder up to when combined together to create that kind of value.
If you had the skill of making a billion dollars a year, then the difference between 50,000 and a billion is the delta of the value of that skill. And it's really not one skill. It's many skills that ladder up to when combined together to create that kind of value.
But I remember that being like seared into my memory, which is like, whatever I want to have, the delta between where I'm at and where that thing is, is what basically what I'm willing to sacrifice in order to learn what I need to learn to get there.
But I remember that being like seared into my memory, which is like, whatever I want to have, the delta between where I'm at and where that thing is, is what basically what I'm willing to sacrifice in order to learn what I need to learn to get there.
But I remember that being like seared into my memory, which is like, whatever I want to have, the delta between where I'm at and where that thing is, is what basically what I'm willing to sacrifice in order to learn what I need to learn to get there.
And I think that if people appraised that delta, not by the money in their wallet or the time that they currently have, but how much they would be making or how much time they would have and how much that's worth to them, then I think far more people would be willing to invest in their education. And it's such a taboo word because people hate the word education. It's like, oh, it's like work.
And I think that if people appraised that delta, not by the money in their wallet or the time that they currently have, but how much they would be making or how much time they would have and how much that's worth to them, then I think far more people would be willing to invest in their education. And it's such a taboo word because people hate the word education. It's like, oh, it's like work.
And I think that if people appraised that delta, not by the money in their wallet or the time that they currently have, but how much they would be making or how much time they would have and how much that's worth to them, then I think far more people would be willing to invest in their education. And it's such a taboo word because people hate the word education. It's like, oh, it's like work.
But you want to be an entrepreneur, you got to learn. There's so much stuff to learn.
But you want to be an entrepreneur, you got to learn. There's so much stuff to learn.
But you want to be an entrepreneur, you got to learn. There's so much stuff to learn.
This is widely known in the education space, but not as much in the content world. But there are two types of education. There is procedural and there is declarative. So declarative knowledge is knowing about something. Procedural knowledge is knowing how to do something. So a simple example would be, okay, I understand how private equity works. You could talk about it.
This is widely known in the education space, but not as much in the content world. But there are two types of education. There is procedural and there is declarative. So declarative knowledge is knowing about something. Procedural knowledge is knowing how to do something. So a simple example would be, okay, I understand how private equity works. You could talk about it.
This is widely known in the education space, but not as much in the content world. But there are two types of education. There is procedural and there is declarative. So declarative knowledge is knowing about something. Procedural knowledge is knowing how to do something. So a simple example would be, okay, I understand how private equity works. You could talk about it.
You can explain how, okay, they take some debt and then they have this arbitrage and they get this enterprise value multiple, whatever. But you've never done a deal. And until you've done a deal, you will not have procedural knowledge of knowing how to actually do a deal. And so you can read 100 books on sales, but you will learn more about actually selling from your first 100 sales calls.
You can explain how, okay, they take some debt and then they have this arbitrage and they get this enterprise value multiple, whatever. But you've never done a deal. And until you've done a deal, you will not have procedural knowledge of knowing how to actually do a deal. And so you can read 100 books on sales, but you will learn more about actually selling from your first 100 sales calls.
You can explain how, okay, they take some debt and then they have this arbitrage and they get this enterprise value multiple, whatever. But you've never done a deal. And until you've done a deal, you will not have procedural knowledge of knowing how to actually do a deal. And so you can read 100 books on sales, but you will learn more about actually selling from your first 100 sales calls.