0:00

What's going on , guys ? Welcome to another

0:02

episode of the more than a side hustle

0:04

podcast , where we help non-enforvaged create more

0:06

impact and come and influence outside

0:08

their jobs . My name is Anthony .

0:09

And I'm Jnoka . I was just looking for a review . I'm never

0:12

prepared for that , but thank you for coming

0:14

back week after week to hear a speak about

0:16

different topics with entrepreneurship , family

0:18

business , money , things that are in the

0:20

streets , anything it's

0:22

popular we discuss .

0:24

Today we're gonna be talking about are you thinking about becoming

0:26

an entrepreneur ? We're gonna dive into that in a second . I don't

0:28

know if you got the review ready , but before

0:30

you take a leap into entrepreneurship , it is important

0:33

to understand that entrepreneurship isn't

0:35

for everyone . In this episode we're gonna talk about the characteristics

0:38

and mindset that may indicate

0:40

this might not be for you . So

0:42

if you're unsure whether entrepreneurship is the right fit

0:45

, be sure to watch to the end for our personal

0:47

insights and remember it's okay , it

0:49

might not be for you . There are plenty of other career

0:51

paths out there , so don't forget to comment , like

0:53

. Subscribe for more content on entrepreneurship

0:56

and business . Do you have the review of the week ?

0:58

now I do have it . This is from Brie from

1:00

the Rock . I don't know you're in Rockaway

1:02

in Queens or On

1:04

the Rock , arkansas , that could be Rochester , I

1:07

don't know . But it says if

1:09

you're looking for a couple who keeps it real both in life

1:11

and in business , make sure you're listening to Anthony

1:13

and Janoka and she spelled my name correctly , so I appreciate

1:15

that . I'll see you . Their podcast gives you the

1:17

content you need to feel confident in taking steps

1:20

. You need to create generational wealth

1:22

and that's what we try to do . We

1:24

appreciate that . Yes

1:26

, we talk about or , yes , we have a cleaning business

1:28

, but our goal

1:31

is that you get more from us than just what

1:33

happens in a cleaning business , because we've been doing

1:35

entrepreneurship now for the past six

1:37

to seven years and our life is not just

1:40

a cleaning business .

1:40

Obviously , this podcast should have been more than

1:42

a cleaning business .

1:44

Right , exactly . So

1:47

, as you said , today we are discussing

1:49

how did you say it ? You said the

1:51

reason . What did you call ?

1:52

it . I said the characteristics and mindset that

1:54

may indicate that entrepreneurship is not the right

1:57

path for you .

1:58

OK , I went with the street , since I

2:00

said , the burden of entrepreneurship .

2:02

We can do either one . What brought us to this topic

2:04

? Let's talk about that . What got us here ?

2:06

Probably our personal lives . We

2:09

deal with business in multiple

2:11

ways . So obviously , not obviously

2:14

. We have the cleaning business , we have real estate . We had

2:16

our own virtual assistant business that we closed

2:18

down last year . The

2:20

Hartrimony is a business , a brand within

2:22

itself Podcasting

2:24

. So business comes up in our life

2:26

all day , every day , and so we

2:28

deal with it . All the time , and

2:31

most of the times , you're hearing why you

2:33

should start a business and the

2:36

perks of it , which there are and there's

2:38

good in it . But , like anything , there's

2:40

another side to it that we wanted to make sure

2:42

we touch on and keep it real , as we

2:44

usually do , absolutely .

2:46

And we get a lot of people that we coach , especially

2:48

when it comes to learning

2:50

about the cleaning business . A lot of people we coach are brand

2:52

new entrepreneurs .

2:53

This is their first business .

2:54

This is their first touch of

2:57

business , going all the way to the very beginning

2:59

where we're talking about following your LLC . So

3:02

we deal with a lot of first time entrepreneurs

3:04

and we realize that it's a lot

3:06

of things that

3:09

we didn't understand when we went into

3:11

it . That may or may not have

3:13

had us say you know what this might not be for us . I

3:16

think for us , the way we got

3:18

into the business , especially

3:20

our first business , our first legit business

3:22

, it was like we're going to tip

3:24

toe our way into it . Entrepreneurship

3:26

wasn't as cool as it is today . Six

3:29

, seven years ago it was more like

3:31

well , it's kind of taboo . It was around

3:33

. It was no , definitely . I'm not saying we're the first entrepreneurs , but

3:36

in our community , the black community , it was kind of like you're starting

3:38

a business , like what is that even mean ?

3:39

What's the reason ? That was my question , and what's the reason

3:41

?

3:42

So we wanted to outline some

3:44

of the second go for like

3:46

five different segments , five different tips or five

3:48

different parts of the

3:51

entrepreneurship outline that helps

3:53

people . That will maybe help someone decide , you know what I

3:55

ain't want to do , that I don't want to do . Whatever it is , it doesn't

3:57

have to be just a cleaning business , but it might be some things

4:00

that make you realign your

4:02

goals .

4:02

It might be another way to get there , Yo .

4:04

What's going on , guys ? Did you know ? We own a seven

4:06

figure cleaning business and we use

4:08

that business in order to pay off 114,000

4:11

dollars of debt . We use that business to help us travel

4:14

more , save more money and eventually

4:16

become financially free . If any of that

4:18

sounds good to you , check out cleaning business

4:21

university , where we teach you how to launch and scale a

4:23

six now seven figure cleaning business , and

4:25

the best part about it is that you do not have

4:27

to clean homes yourself . I know that sounds crazy

4:29

, but check out cleaning business university . We give you

4:32

more in-depth information about that . Check

4:34

it out and we will see you on the other side

4:36

. Yeah , me and Andre . We did a

4:38

whole YouTube on this . On a similar

4:40

topic . He said it might be easier for

4:42

you just to try to get a high paying career

4:44

. Invest in the index funds

4:46

right , you know ? S&p 500

4:49

, very stable investment work

4:51

, a job for 20 , 30 years , and

4:53

retire , it might be At 60 .

4:56

There's nothing wrong with that . I think the point

4:58

that you brought up especially is that we

5:00

deal with a lot of first time entrepreneurs

5:02

and I think that you could

5:04

, you know , at this point there's so

5:06

many ways you can consume information podcasts

5:09

, youtube , books . There's so many

5:11

information , so much information about there , about

5:13

starting a business and the real deal and

5:15

all that things . But I think it also

5:17

comes with the work that you do . You

5:19

know , sometimes people say , like , well , I don't take advice

5:22

from people that never did the thing . I'm not saying it

5:24

has to be that extreme , but it

5:27

does feel different when you're actually in it versus

5:29

starting right . Yeah , I think you've touched

5:31

on this before , even in our community . At

5:33

the beginning it's exciting , you know , and

5:36

so then you

5:38

go through the wave . So we're gonna kind of

5:40

talk about the waves and what that looks like

5:42

.

5:42

One of the . I literally tweeted that

5:44

today . I said what's ?

5:45

up with you .

5:46

What's that today ? It was something about

5:49

it's easier instead of you starting . If you

5:51

need money today , don't start a business , go get another

5:53

job . Oh , and that went viral

5:55

.

5:56

I don't think that was today . But that brought me to another

5:58

point where you said when we started the business , we were starting

6:00

slowly , and I find that most of the people

6:02

that we speak to now aren't doing the same thing

6:05

. So when we started the business , we were

6:07

paying off debt and we both still had

6:09

our high paying jobs . So

6:11

the way that we relied on the business was

6:13

completely different and I feel that absolutely

6:15

makes a difference as to how

6:17

much of a burden it feels the business

6:20

, the entrepreneurship , feels when you're like

6:22

this is not the only thing and it's not

6:24

. I don't need this , I'm just trying to make this

6:26

work . It's two completely different feelings

6:29

, two different types of energy and a different type of

6:31

energy , and we know that now , especially because Anthony

6:33

has been out of work for two years now , so

6:35

out of a corporate

6:37

job , I should say he absolutely works for

6:41

two years now and it's just a different energy

6:43

when , then , when we both had those high paying

6:45

jobs , because it feels like , you know , I'm

6:47

always have this regardless .

6:50

And maybe we're touching this too . But I

6:53

actually know we want to go through the five points , want to start

6:55

there . So we talked about the image , right . So number

6:57

one the romanticized image of

6:59

entrepreneurship . It's been

7:01

glamorized portrayal and

7:04

media and even in our aspect

7:06

. You know we're talking about . This podcast

7:09

is about business , entrepreneurship , relationships , life

7:11

, essentially everything under the sun . But

7:13

even a part of us kind of forces

7:16

not forces , but pushes that glamorization

7:19

of you could do it , that you could

7:21

do it , and part of it is like , yes , I

7:23

truly believe that anybody

7:25

can and

7:27

I do not believe everyone should . Yeah

7:30

, that's the key right there . So it's about

7:32

the parts that you shouldn't . So our

7:35

goal is to not make it seem like this

7:37

is an overnight success , Like anything we've done

7:39

over the past . You know , if you are brand new

7:41

here this week or you've been here six , seven years

7:43

, this is not an overnight success . So

7:45

just because you see us doing it does

7:48

not mean that it actually absolutely

7:50

can be done for you . Yes , my goal and hope that it could

7:52

be and that I want you to try it , but

7:54

it might not be for you and that's OK .

7:56

Come don't compare my chapter 30 to your . Chapter

7:58

one is like the lesson there

8:00

, because that happens all the time

8:03

.

8:03

But I get stuck doing that too .

8:05

Yes , but also the fact that you said not

8:07

everyone should start a business , and that's not being

8:09

shady at all , but you have to be real

8:11

with yourself also , and we'll

8:13

get into some of those things . You have to just be real with

8:15

yourself on , if you want to do it , something

8:18

that , like we both were

8:20

different notes , by the way , so it's funny I

8:22

wrote that you live , eat , breathe

8:25

and shit the business . You

8:28

are constantly on . So when

8:30

people say I left a nine to five for

8:32

24 hour , I left a five

8:34

to five for 16 hour

8:36

, they are not lying . Because

8:38

you are constantly on . It is very

8:40

difficult to turn it off . Now , I'm a bit

8:42

easier with turning it off versus Anthony , but

8:45

depending on your personality type , depending

8:48

on where you are in the business , starting off

8:50

versus not all that kind of matters . So

8:52

I think you need to weigh those things of

8:55

really do you want to be linked

8:57

to something at all times

9:00

? Because

9:02

even if you're like , well , I build a team that takes time

9:04

but time , you know what I mean Initially

9:07

you are connected to that thing , so that work like

9:09

balance .

9:10

So that's a myth of work like

9:12

balance for entrepreneurs . Because , yeah , the lines

9:14

become blurred in your personal

9:17

and your work life . Yep , if your

9:19

work life funds your

9:21

regular life , which is , your entrepreneurship

9:23

life funds your regular life , there is no , it's

9:26

all together , it's all together , it all

9:28

. Becomes one big part of me trying to

9:30

figure out life and entrepreneurship as a part of that

9:32

. So when you leave a nine to five , when you have a

9:34

nine to five job and you leave at five o'clock Most

9:36

of the time Most , of the time there's no blurred

9:38

lines , I'm off the clock , unless you're a manager

9:40

or a teacher or something you have some high level

9:43

executive role . Most of the time when

9:45

you leave at five o'clock , there's no blurred lines

9:47

. You're not thinking about it , you're not checking

9:50

emails , it is not on your mind , it

9:52

is not on your wife's mind , your spouse , whoever

9:54

it is . No one is thinking about your job

9:56

when you leave at five o'clock . We don't care .

9:58

Because we yeah , that's what you're saying when

10:00

you leave . We don't care when I leave at four , fifty

10:02

five , you're like I don't even want to take that . But the thing is , when

10:04

I was a manager .

10:05

That's another thing too . It's like when you go up different

10:07

levels , like even if in entrepreneurship

10:09

like , yes , there's a blurred line , but even when you

10:11

at a job , you go up different

10:13

levels , there's going to be some blurred lines

10:15

there too . So don't get it twisted . They're in there here

10:17

and there . It's not 24 seven , but

10:19

I remember when I was at my , I was

10:22

a director at my job and even

10:24

when something happened at midnight right , something

10:26

happened at midnight I was asleep . My next

10:28

day my boss is like why didn't you answer your phone

10:30

or emails ? Like well , things don't normally happen

10:33

at midnight and my phone was on

10:35

silent and we had to go through this whole process

10:37

. We had to go through this whole plan of , just in

10:39

case this does happen , what's the proper procedures

10:42

for people to find out and reach out to you ? And

10:44

that's when that line became blurred . And but

10:46

entrepreneurship , there is no child

10:48

, there's no lines , it's literally all

10:51

together . You got to be OK with that .

10:52

It also feels like you sometimes feel

10:55

like well , I don't need to turn it off , because that's

10:57

the point of entrepreneurship I could do it from anywhere . Depending

10:59

on what you're doing , obviously , I most like you

11:01

to do it from anywhere . So why do I turn it off on business

11:04

when I'm on vacation ? Because I could make

11:06

the money while I'm on vacation . Why ?

11:07

should I stop ?

11:08

Yeah , and I'm like to me . You know , vacation

11:10

means baby . Where's my Mamosa

11:12

? Where's my Margarita ? You're not hearing

11:14

from me at all . You're not . You're barely even getting a post

11:17

from me on Instagram . You're

11:19

not even seeing the sun or the water , because

11:21

it all feels like work or whatever the case may be . So

11:23

I think , being real with yourself

11:25

, it takes time to set those

11:27

boundaries , it takes time to shut things

11:29

down , but , especially at the beginning , there is no

11:32

shutting down . You're . You're really working to get

11:34

the business up and running . So being mindful

11:36

of that and how it impacts you

11:38

, how it impacts your family , that's

11:41

another part of it . If the person's you

11:43

know your spouse is not in it with you or other family members

11:46

, you could be on trips . This time we get to walk

11:48

out . We could be playing game night or I

11:50

got a call coming in right and so how

11:52

it impacts is very important

11:54

. I don't know people . I don't think people measure

11:57

that really when they think about going into entrepreneurship

11:59

.

12:00

Yes , prioritizing

12:02

, prioritizing your family , prioritizing

12:04

yourself over the business , it becomes , it becomes

12:06

hard . I'll say that for myself . So if you're

12:08

someone who was like I want to go into

12:10

entrepreneurship because I don't , I

12:12

want to control my time , yes , you can control

12:15

your time to a certain aspect , but

12:17

there are times where we have to be available , just

12:19

because the nature of the business . Now you might

12:21

say , well , I can start this other business where I'm not

12:23

always available , but it's always going to be

12:25

on your , your mind . Yeah

12:28

. So Even if you're not actively

12:31

working in it physically , it's always going

12:33

to be in your mind . You're gonna , you're gonna take on

12:35

a new lifestyle , whether you like

12:37

it or not . Once you , once you

12:39

turn on an entrepreneurship switch and you

12:41

get that first taste of income outside

12:43

your nine to five , you could never go back

12:45

to working a normal job . And even if you do

12:48

, you're always going to be thinking about the next

12:50

step for you , always going to be grimy . You're always going to be . Your mindset

12:52

will never be the same after that . So

12:54

it will technically never be off . Even if you

12:56

say I'm on vacation , it will never be off . So you got

12:58

to be okay with that . If you're the type of person that's like , nah

13:01

, I want my free time . This might not

13:03

be it , so that's something to be very clear about . If

13:05

you're thinking about I'm getting this entrepreneurship for

13:07

my free time .

13:10

Well , along the lines of along

13:12

the lines of the work life balance . I also feel

13:14

like at

13:16

the beginning and maybe throughout

13:18

it really depends You're emotionally

13:20

attached to your business .

13:22

And if you want to do some extra credit , take a screenshot

13:24

of your phone . Or if you're driving in the car

13:26

, take a screenshot of your dashboard

13:28

tag us on Instagram . Let us

13:30

know you are tapping in , so that we can repost

13:33

you and show you some love too you can

13:35

tag us at more than a side hustle podcast

13:37

or at the heart of morning .

13:38

We have two ways that you can tap in with us . We appreciate

13:41

it , thank you . Right , and it

13:43

could ruin , like . I have scenarios

13:46

where it has ruined our day we do was one

13:48

time was Valentine's Day and we had got

13:50

a client a negative . I

13:53

remember if it was a post or something , if they wrote a negative

13:55

review and we're like moping the house

13:57

because it impacted us and we're like let's just

13:59

go out because we can't change this review

14:01

right now . We had times where a

14:04

time where we was at an Airbnb cleaning that Newton

14:06

on New Year's Eve , before the ball dropped but it

14:08

was New Year's Eve that we're cleaning somebody's

14:10

home and it was some Sunday . So

14:12

there were days where your

14:14

whole mood changes based

14:16

on you know , a customer or something

14:19

going wrong or something like that . So you become

14:21

emotionally attached and not mind you I'm not an

14:23

emotional person , but if you are , just

14:26

know that maybe something that really

14:28

triggers you or gets you upset and just having

14:30

to deal with that and navigate because you got to move forward , obviously

14:33

, but navigating that is

14:35

important as well . The emotional side of the business

14:38

is not just , like you know , just

14:40

focus on this and that .

14:41

So that emotional side . If you're

14:43

an emotional person , this ain't for you .

14:45

Yeah this could be a roller coaster , but

14:47

I say at the beginning but it depends . Some people say

14:50

you know , the business is their baby and anything

14:52

that happens affects you forever .

14:54

So but then even I think once

14:56

you get into it and I'll talk about the other side of it

14:58

too , maybe down the line once you get into it , you understand

15:01

it and some of those things kind of roll off your back . But

15:03

in the very beginning . This is your first business

15:05

and you're like I'm a emotional

15:07

person . Somebody was like I don't

15:09

like talking to people . Oh , I have an essay

15:14

. If you're an emotional person

15:16

like it's about the work , like meaning now I'm

15:18

not saying you can't take a barrel of it , Like if something

15:20

happens in your business and you're going to physically

15:23

break down . This is not for

15:25

you , Like physically . I've seen it where people like , oh my

15:27

God , they start crying . I've heard it , I've seen

15:29

it , they start crying . This is not

15:31

for you . Businesses , entrepreneurship may not be for

15:33

you .

15:34

Yeah , it goes up and down .

15:35

So if you're not okay with that roller coaster where you're like

15:37

everything's going to be perfect all the time , we've had students as

15:39

well , where things are

15:41

glorious early on and we're like this

15:43

is , I'm like , oh , this is fantastic , this is great

15:46

, but I'm here to let you know that it will happen

15:48

. I'm going to be the burden of bad news that something

15:50

bad will happen and how you

15:52

get over that hump

15:55

in your business or that challenge in your business is going to determine

15:57

what this looks like . Not today

15:59

, not this year , three , four , five , six

16:02

years from now . Because , if you are like

16:04

, all right , I'm hyped now Because

16:06

the thing about it as well is that there's

16:08

a lot of you got the high highs and you got the

16:10

low lows . It's easy to deal with

16:12

the high highs , but when those low

16:14

lows hit and

16:16

you're trying to figure out what the next step is , for me that's

16:18

going to determine how you're going to proceed

16:21

from there . Yeah , A lot

16:23

of high highs and a lot of low lows , and

16:25

then sometimes it's just sometimes it's coasting , but sometimes

16:27

it's just like regular , like coasting , and when it's coasting you're like

16:29

what's about ?

16:30

that you wait .

16:31

It doesn't look like that's the emotional roller coaster

16:33

is like you're waiting for the next bad thing

16:35

to happen . Yeah , when you think

16:37

about a roller coaster the way it is , you

16:40

are waiting for your stomach to drop waiting for your stomach

16:42

to like . This is this is too easy . It has to get

16:44

hard right . That's the challenge . When you start

16:46

up too fast , you start up too hot . Sometimes

16:48

you don't even recognize that that drop is going

16:51

to happen . And when you're not prepared for that drop , oh

16:53

, your stomach is going to be in your forehead . Yeah

16:57

, you can't take rollercoaster or nothing . I got this picture

16:59

. It was me , her , my little brother and

17:02

we were on a roller coaster .

17:03

I'm smiling clear . I'm cheating

17:05

my little brother's like .

17:06

Holding on to Joe was like I'm like dying

17:09

.

17:09

The feeling of my stomach dropping does not feel good

17:11

, but either way , if you don't like rollercoaster , not for you

17:13

.

17:13

How about that ?

17:14

How about that ? Yes , that's what

17:16

I'm always hesitant . But you like rollercoasters

17:19

either ?

17:20

Yeah , no but you'll get on it .

17:22

I'll get on it , but I'm not excited . The height

17:24

don't bother me , it's literally the stomach dropping that .

17:26

I don't like , for me like scary movies . I

17:28

don't like them and I don't even try to watch , but I love scary

17:30

movies . No , I don't like scary movies

17:32

. If you don't like scary movies , you shouldn't be an entrepreneur

17:35

. What ? What are you talking about ? This

17:38

doesn't get that bad . Scary movies are

17:40

scary . Yo , back to your notes

17:42

, all right . So back to my notes

17:44

. So you had some stats , so the reality

17:46

check , so stats on failure rate

17:48

of startups and small businesses . So

17:50

if you are of

17:53

the mindset that I'm going to succeed , I absolutely

17:55

love it for you .

17:57

I'm excited for you .

17:59

I had that excitement as well . We didn't go into

18:01

any business thing that we're going to fail yeah

18:03

.

18:03

We understand that it's a possibility

18:06

. It's a possibility and

18:08

I think we have an episode on that of like , when it's time

18:10

to let it go , we definitely do . It's a possibility

18:12

that it can happen . But I feel like

18:15

a lot of times when we're on and

18:17

that's a scary mindset and I guess I can't

18:19

blame you , but a lot of times when we're on calls where

18:21

people are asking us questions , they're like but

18:23

what if this happens ? But what if this happens

18:26

? And at one

18:28

point I'm like then it happens

18:30

, you deal with it , right . So when we started

18:32

out in our cleaning business , there was no one to ask questions

18:34

, so we just had to deal with it . It

18:36

happens , you do with it , it's your business , you deal with

18:38

it . But then sometimes it feels like

18:41

that's what's stopping us from getting started

18:43

as people . Sometimes we're just always

18:45

having this scarcity mindset . However

18:48

, there are some stats out there that kind of

18:50

speak about businesses , right . So

18:52

I got this one from Bureau of Labor

18:54

Statistics which they say

18:56

may not necessarily be true , which is very weird , but

18:58

approximately 20% of new

19:00

businesses failed during the first two years of being

19:03

open , 45 during the first five years and

19:05

65 during the first 10 years . Only

19:07

25% of new businesses make it to 15

19:09

years or more , which I think that's , I mean listen , if

19:11

you make it that far , I think that that's great

19:14

. But we

19:16

see on our own , because we have partnerships

19:18

with some of our people , that we recommend

19:21

that some people are shutting down business

19:23

within like three months . So

19:25

it has us , you know , question

19:27

what's the reason behind that

19:29

? Did they jump it and not have the money

19:31

for it ? Did they think it would be a quick fix

19:33

? Like , what is the reason behind it ? Because

19:35

for us , when we felt like we

19:37

were failing , at least in the business , we were about eight months

19:39

in and we said , okay

19:42

, let's give it a year to see if this thing

19:44

works . So I think that's another

19:46

part of it of being real with

19:48

yourself , and that cushion that we spoke about

19:51

of not just relying on it , makes

19:53

a difference as to if

19:55

you should jump into a business or not . Do you have

19:57

the money to know that I may not make money

19:59

right away Many of our students do

20:01

but if I don't make money right

20:04

away , can I sustain the business still

20:06

? That's essentially a question that you need to

20:08

ask yourself .

20:09

That's why it's even more important , especially if

20:11

you have I would say like

20:13

if you have the nine of five to fall back on , where

20:15

you have the financial stability , meaning

20:18

the nine of five is holding me down . I'm

20:20

also creating a cushion of emergency

20:23

fund for my personal . I would always recommend that

20:25

, my personal and my business . And

20:27

then now it's like okay , I'm going into this thing

20:29

with the mindset Can I at least do

20:31

this for a year ? Do not start

20:34

. There's another thing , so this is under the reality

20:36

tech check Do not start anything

20:38

unless you're not willing to commit , I

20:40

would say , at least a year to it , because

20:43

that first year you're going to go through that Valley

20:45

of despair where the first couple months

20:47

you may be super excited and then

20:49

you got the uh well , this is not

20:51

as easy as I thought it was . And then you go on until

20:54

the deepest dip is

20:56

like okay , is this for

20:58

me , is this not for me ? That should

21:00

have happened within the first three months of your business . Yeah

21:02

, like those are three different

21:04

stages where I'm overly excited . Okay

21:07

, I understand , this is not that easy . Okay

21:09

, now I need to know if this is for me or not .

21:11

This , that should have happened for the first three months but then

21:13

also understanding business is not easy , and

21:15

so I think that that comes with , and

21:17

we are always mindful of that as well . Like

21:19

when we're sharing , we always want to make

21:22

it clear we never said the cleaning business is easy

21:24

. We just said it's doable , you can do

21:26

it . Right , you can follow these steps

21:29

and be able to do it . Now

21:31

one may say , well , it is

21:33

easy because I'm behind a computer . Technically

21:35

, I'm not necessarily going out and doing the

21:37

cleaning . Okay , that's fair . But

21:40

you have to do work that I don't think people

21:42

think about , like you have to do . If I'm

21:44

not paying for marketing , am I walking the beat

21:46

Right ? How am I finding people ? Am

21:48

I willing to put in the time ? Am I willing

21:50

to deal with thing when life happens ? Am I still

21:52

showing up in the business ? All of those

21:55

things matter that people don't take account

21:57

for . They just it's easier to say

21:59

, well , it wasn't easy . It is easier to quit

22:01

. Let's be clear it is easier

22:03

to quit a business than to continue to kind of

22:05

push through . But you can push

22:07

through it if need be . But

22:09

things to consider if you're not an entrepreneur

22:12

and you are considering being one , can

22:15

I sustain when life happens

22:17

. Can I sustain , maybe for a year

22:19

, with

22:21

the businesses and making money right away

22:24

? Because , like in this day and age , I

22:26

think , with social media , it feels like the

22:28

business should make money right away and

22:30

it's a business at the end of the day . It doesn't always work

22:32

that way and I feel like people miss that

22:35

.

22:35

And if you guys , as you guys know , keep in

22:37

mind , if you're looking for a way , if you're a brand new entrepreneur

22:40

or an inspiring entrepreneur , if you're looking for a way to

22:42

make money outside your business and so

22:44

far we haven't scared you away Making

22:46

money outside your nine to five we haven't scared you away , you're still

22:49

inspired by us at all . Don't forget

22:51

, we have cleanly business university as an option

22:53

for you . Take control of your income , maintain

22:55

control over your time . So check out

22:57

cleanly business university . Link will be in a show

23:00

notes . Link will be somewhere on the page as well . And

23:02

if we haven't scared you away so far , this

23:04

is for you .

23:05

Well , we have many episodes where we don't scare people .

23:08

We have more than this episode . Definitely scared

23:10

you away .

23:10

This episode is just about keeping it real and you being real

23:12

with yourself , because I don't got the answer for you .

23:15

This is also for our students

23:17

as well , as they are either in the business

23:19

or brand new . So what was that last

23:21

point you just mentioned ? You're

23:23

not going to remember it , so we'll go

23:25

to the next one . We'll

23:28

go to the next one .

23:29

My memory is not the best , so go ahead

23:31

. What'd you have ? I'll let you go .

23:32

No , so we were

23:34

talking about . I said , at least dedicated year . Go do

23:36

that . Don't let that value of despair be three

23:39

months . That should at least be at a minimum

23:41

. I would say try to put at least a year into whatever you're

23:43

doing . We started our cleaning business

23:45

. Eight months in we said , all right , let's just try to go

23:47

a year . We started our podcast

23:49

. We said we're going to go for at least 365

23:52

episodes . No , no

23:54

, not 360 days . So

23:56

at least 12 months , at least a year . So

23:59

my face , I'm like whoo .

24:00

No , that's a lot of episodes .

24:01

We said we're going to go at least a year and people

24:03

like most of the podcast is most

24:06

podcasts that are out there Don't even make it past seven

24:08

, seven episodes . One episode

24:10

is essentially seven weeks . Yeah

24:13

, you start something and you're in

24:15

seven week , number seven , saying you know what ? I'm

24:17

not doing this . Now you might say that person

24:20

jumped out where they understood themselves

24:22

when he , when is it in between

24:24

? Jump it got too early . And knowing yourself

24:26

, because that would be the question I will ask for you because

24:29

then , if I truly knew myself , why did I get started

24:31

?

24:32

So that goes , my life didn't change in seven weeks

24:34

. I mean , maybe it did , let's be clear . Okay , maybe

24:36

something drastic did happen in my family or

24:38

life , but more than not

24:40

people for people , their life didn't change

24:42

within seven weeks . So that would be one thing that

24:44

I really know myself . Maybe

24:47

within seven weeks you figure out I really don't like this

24:49

thing . That's another thing , like I don't know that

24:51

. I will continue further if I understand

24:53

that I'm not enjoying this .

24:55

I think that's hard , though I don't . You don't enjoy going to

24:57

the gym when you first start absolutely not

24:59

it was like seven weeks to start liking the gym .

25:01

They say it's a 21 days , that's three weeks .

25:03

No , that takes 21 days , every

25:06

single day , consistently . Okay

25:08

, it'll take seven weeks . No , no , no , that doesn't 21

25:10

days . It's to create a habit . That is not to say if you like

25:12

it or not , that is just to create the habit of the other

25:14

thing about that is that people generally

25:17

can see the Change immediately

25:19

.

25:19

Businesses you can't . So that's another thing . People

25:21

like instant gratification With the podcast

25:24

if you're not getting sponsorship , if you feel like you're not

25:26

growing , or just with anything that you're not

25:28

Getting something back in return right away

25:30

. Many people don't want to continue , but they want to

25:32

get something in return right away . In the gym , in seven

25:34

weeks You're seeing something , something is happening I

25:37

something is happening in the gym in seven weeks , three

25:39

weeks .

25:40

You're not seeing when you are brand new . That's

25:42

a seven .

25:42

I didn't say three seven weeks .

25:44

You know what seven ? Seven weeks to 21 days .

25:46

Well , the 21 days is when you see changes

25:48

, what I was saying , I was just giving an example that it

25:50

happens before . The seven is what I was gonna say

25:52

. All right , so we go with the seven weeks . Seven

25:54

weeks in the gym for two months

25:57

.

25:57

Yes , you will see some consistency . I

25:59

don't think you can do anything consistently

26:02

for seven weeks and not see some

26:04

sort of progress or growth .

26:06

Well , how are you measuring progress ?

26:07

So that's what I'm saying . So when we're talking about

26:09

which one were you on which

26:12

one ? My traits in mindset . So traits

26:14

in mindset . So one of the traits you have to have

26:16

an entrepreneurship is consistency . The mindset

26:18

has to be that I'm going to at least try

26:20

this thing For a certain amount of time . If

26:23

you are not willing to have that trait of consistency

26:25

, this is not for you . So I'm

26:28

using the example of the gym because , let's say

26:30

, seven weeks it takes someone . Usually

26:32

most podcasts don't make it past seven episodes .

26:34

We'll say seven episodes of seven weeks go with that

26:36

.

26:36

If you are consistently posting one episode

26:38

every single week , I guarantee

26:40

you you will get better , I Guarantee

26:43

. So you're saying for seven weeks you're gonna decide

26:45

. Okay , this is not for me .

26:47

Maybe the person decides they don't like it . They

26:49

might . They thought they want to do a podcast and it's

26:51

been seven times . I think that's enough to

26:53

know if I like something or not . Maybe

26:56

things did change in regards to growth and

26:58

I'm getting better at editing and getting better at

27:00

showing up . I'm getting better at my camera , my

27:02

lighting , all those things could get better within

27:04

seven weeks , but then I realize I just don't like it , I

27:06

think .

27:07

I don't think it goes down to what you like or don't like

27:09

. I think it comes down to . That's just my

27:11

opinion .

27:11

Yeah , I understand .

27:13

That's just my opinion . I think it comes down to you

27:15

not knowing what your end goal was and you

27:17

thinking that it was going to be easier than actually was . I

27:20

don't think most people quit Most people probably

27:22

. I would agree with that .

27:23

I'm so most people here , okay , well then , most people probably

27:25

. I'm sure it's just that , most people . I'm sure it's

27:27

not that they just didn't like it . I'm positive

27:29

of that Because I'm sure you tested

27:32

things before you decide to sit down with a camera and

27:34

light and spend your money in some capacity , some

27:36

capacity .

27:36

So so if you disagree , so the

27:39

mindset for entrepreneurship that's required

27:41

, number one , because this city number two having

27:43

risk tolerance and resilience

27:46

, that's that's a big one . Risk tolerance is huge . Yes

27:48

, risk tolerance .

27:50

Keep in our jobs .

27:52

If you have , so for our , our

27:54

example , for our situation , we have a

27:56

very . We had a very low

27:58

risk tolerance when you first started business , because of me

28:00

. So if you're married

28:03

, you have a spouse , you have a family . Your

28:05

risk tolerance might be different If you're a solo

28:07

entrepreneur , you're a brand new

28:09

, or you're a single person , or you're a young person

28:11

. Your wrist , how is like when we come on investing , and that's another thing

28:13

too . When you're older person , your

28:15

risk tolerance is going to be a lot lower .

28:17

When you're younger , your wrist arms is going to be

28:19

higher .

28:19

Yeah , you have to have at least some version

28:22

of risk tolerance to start a business

28:24

, so you should have no shit .

28:25

Yep , and somebody yeah , that's

28:27

, I agree completely . Oh , this is gonna

28:30

be a big one . Financial considerations , which we

28:32

touch on right now .

28:33

This goes so risk tolerance and financial

28:36

consideration . So that was traits in mindset

28:38

. You got to have a risk tolerance . And then this one goes into

28:40

financial consideration . You have to have a financial

28:43

risk tolerance . There is going to be

28:45

a risk , no matter what business you start . So

28:47

One to think about is the

28:49

potential for loss . It

28:52

costs money , potential for loss

28:54

. So I tell everyone

28:56

that I come across Don't

28:58

start a business on your last time

29:00

. Somebody DM me the other day and they said do you think

29:02

I should join cleaning business University ? And

29:04

then that's usually Asian give a story . That's usually

29:07

a broad question and I

29:09

don't have the time to kind of dive into your life story . But

29:11

a story comes after the

29:13

challenge now becomes . I'm going off of this

29:15

big blurb of text on a small

29:17

iPhone trying to give you the best case

29:19

scenario advice , which is why

29:22

I do the podcast , which is why we do the YouTube

29:24

, to kind of go into that . Mm-hmm so

29:26

if it's your last dime and if you

29:28

Put your money into something

29:30

and you're expecting an immediate return , Don't

29:34

know and just know , which is always a challenge

29:36

because you see people have stories of

29:38

.

29:39

I was down now and I decided to start

29:41

this business and it changed my life .

29:43

I mean , we were a hundred fourteen thousand dollars a debt and we started

29:45

the business and has made over two million dollars , but

29:48

we weren't down . And now let's be clear .

29:50

That's it like the if we didn't pay off the debt , the debt

29:52

just would have been there and we was gonna continue with our lives

29:54

.

29:54

So but it wasn't a make-or-break situation

29:57

.

29:57

It wasn't a make-or-break situation . We didn't need the

29:59

cleaning business to take off exactly , and

30:01

I you do see those stories , but those are one

30:04

in a million , let's be real about it . Like not

30:06

Everyone is having that

30:08

story that they were at

30:10

their last dime , they started this business and

30:12

it took off right , or any business , oh yeah

30:15

, that's . I mean any business and it took off . So

30:17

most people that's not gonna happen for . So

30:19

absolutely . If you come to us and say this

30:22

is my last little bit , or this is the last

30:24

bit I have to pay for this , we are gonna say absolutely

30:26

, not do not start this business every single

30:28

time . Do not start this business Because

30:31

one what we spoke about before now , you're

30:33

heavily depending on this thing . Anything

30:36

that goes left , it's gonna be

30:38

a complete burden for you , right . Then

30:40

, on top of that , you

30:43

need to have money to run a business

30:45

. It costs money . Businesses

30:47

cost money . I need everyone

30:50

to get serious about how much it

30:52

will cost and how they're

30:54

gonna make that money . Right , so

30:56

you know , you may have a starting fund , but

30:58

I know that I may need to get inventory

31:01

, I may need to do marketing , I need to do all

31:03

these other things how much it will

31:05

cost to get started and how much it may be to

31:07

for me to maintain and continue to grow

31:09

it . That is highly important . That I don't

31:11

feel that people take into

31:13

consideration , and I think because Back

31:16

before , when we thought about businesses , we only

31:18

thought about brick and mortars , technically , right

31:20

. We thought about , we thought about a physical business

31:23

that we had to build and you assumed , you know , get

31:25

a loan . Those are thousands of dollars . Now

31:27

it doesn't have to be that way , which is great . It's

31:29

a lower cost , absolutely , but

31:31

there's still a cost . There's still money that you

31:33

need to put into it . There's still money that

31:35

you need to continue to make it grow . So

31:38

that's a big thing of knowing a

31:40

business costs money .

31:43

So let's I want to give some

31:45

some tangible advice . How do

31:47

you assess your finances to decide if

31:49

you're ready for entrepreneurship ?

31:51

So it's a good one . I would say what's

31:54

the personal life look like ? First , I would

31:56

think so .

31:57

Here's some advice , so how to assess

31:59

your personal finance and decide if you're ready for entrepreneurship

32:01

, in my opinion , based on our story

32:03

. So before we dove

32:05

all then to entrepreneurship , we made sure our personal

32:08

finances weren't in check . So we

32:10

were in a good angle if we were budgeting , we

32:12

were managing our finances , we were having family meetings

32:15

and we saw that our debt was going down

32:17

every single month . Mm-hmm

32:20

, we were checking off these boxes right , so we

32:22

paid off our debt . We started the business while

32:24

we were paying off debt , but we understood with

32:26

the mindset this this business may not work

32:28

out for us , but we knew that the risk associated

32:31

with it not working out wasn't going to take

32:33

us off of our path . Yeah so we were . Our

32:35

goal is to pay off a hundred fourteen thousand dollars . We said

32:37

, okay , worst case scenario , this business

32:39

doesn't work out is not going to

32:41

break the bank for us , we're still gonna be able to keep

32:43

this thing going . Or the size not for

32:45

us , mm-hmm . We also had an emergency

32:48

fund for our personal lives . So our

32:50

family lives had an emergency fund , so

32:52

we did that . Another thing we did

32:54

was have an emergency fund for the businesses

32:57

. So if things didn't work out , things were

32:59

a little bit slow , we had the emergency fund to be able to

33:01

dip into those but I was what else would

33:03

you add to that ?

33:04

I would just ask so if someone doesn't have

33:06

all those things , should they not start a business

33:08

? I would say no , okay , everyone's

33:12

not .

33:12

so good , I'll get you the guy everybody's

33:15

safety net is different .

33:16

Yeah , I agree , that's exactly the thing . Everybody's safety

33:18

net looks different . The amount you need for

33:20

your safety net looks different . The

33:22

risk tolerance is different . This was our first

33:24

business . He was all in . I was like , eh

33:26

, that's our life . To this day I'm

33:29

still like , eh , so you

33:31

may be someone that , like I , understand business

33:33

. I know I'm ready , I'm willing

33:35

the risk of it . I've done real estate

33:38

. I you know you may be someone that just knows a bit

33:40

more . This may not be your first business . You

33:42

are a bit more educated just in this day and age with

33:44

all the information that's coming out . So I

33:46

won't say that if you don't have those things that he mentioned

33:49

, you can't start the business . But maybe

33:51

these things are not things that you considered . So

33:53

, hey , think about these things first before

33:55

you do start the business . And my struggling

33:58

and my personal . So we're trying

34:00

to pay up debt .

34:01

I think about it . The goal should have been to

34:03

Create as much income as possible from the very

34:06

beginning , versus trying to save and

34:08

and all that stuff . That's a lot harder . But

34:10

are you , is your personal life and shambles

34:13

like financially ? Are you completely struggling

34:15

? At that point

34:17

there's a so are you completely struggling

34:19

and your back against is against the wall ? Because if your back

34:22

is against the wall and you're struggling , there's going

34:24

to be a force of nature that that I would say

34:26

that I didn't have . Yeah , like this is going

34:28

to work for me , I'm going to make it happen and

34:31

we're going to , we're

34:33

going to push forward . Right , that's the thing that

34:35

we didn't have when we first started . Mm-hmm

34:37

, because we didn't need it , because our backs wasn't against the wall . If

34:40

your back is against the wall and you need this thing to work

34:42

, you might be hard enough to say you know what ? We're

34:45

gonna push this thing forward . Yeah , let's do it . Let's

34:47

, let's keep this thing going .

34:48

But , but also . If your back is against the wall

34:50

, I rather you pay the rent . We've

34:53

had DMs like that .

34:55

Oh , no , no , I'm not gonna say I'm

34:58

not going to advise anyone to do something that I

35:00

haven't done . If you are deciding I'm going to pay rent

35:02

or start this business now , I know that . I

35:05

know for a fact that you will . There will be some people

35:07

out there . Like you know , I put my last diamond to this and

35:10

it grew . It exploded . That's not gonna be

35:12

everyone . Like you said earlier . Mm-hmm , it's not gonna be everyone

35:14

.

35:14

Is that gonna be you ?

35:15

More than likely not that . You got to be honest like

35:18

I don't know if that's gonna be you .

35:19

I don't know you from a whole , I don't know it could be , but

35:21

Based on the amount of people

35:23

that I've had interactions with throughout

35:25

, it's very rare that

35:27

you're that person .

35:28

Let's talk about having a backup plan for that . So let's

35:30

say you're , you

35:32

have some financial ability to

35:34

invest in your business , you

35:37

have some financial risk . You mean like you

35:39

understand it . Now

35:41

let's hope by having a backup plan for

35:43

yourself . So let's say the business doesn't work out

35:46

right .

35:46

So well , before you get to guy , I still had more things that

35:48

people need an apartment

35:50

.

35:51

I'm playing .

35:51

I will just want to reiterate that for the financial

35:54

part of the financial part .

35:54

So you have your personal finances

35:57

in order . This is like what if the ideal

35:59

situation , the ideal client , especially

36:01

for us a cleanie , busy university would be you

36:03

have your financial situation in check . Like

36:05

I am not struggling , I got

36:07

, I make decent income

36:09

. Like decent might not be a hundred thousand , decent

36:11

for you might be sixty , seventy thousand , but

36:14

my finances aren't order . I am not living

36:16

. Most Americans are living to check , to check it with it

36:18

in order , not , but my finances are

36:20

in decent condition . I feel

36:22

comfortable . I'm not struggling if I miss one check at work

36:25

or my check came late . I'm decent , I am

36:27

good , I'm not putting my last dime

36:29

into anything . I'm not putting my last dime

36:31

into Cleanie , busy university or

36:33

I'm not putting my last dime into starting a business

36:35

. I Understand

36:38

that I may lose money going into business

36:40

. I understand that my I will lose money .

36:42

How about we say I , not I may .

36:44

I will .

36:44

Yeah , let's say I will . I will

36:47

lose money in business , oh

36:49

so it's part of me

36:51

.

36:51

I need you to dive into that .

36:52

Maybe the definition of business should say you

36:54

will lose money .

36:56

Let the dive into that more . Can you

36:58

look into the camera and say that I will lose

37:01

money when I start a business ?

37:03

I my arrow

37:05

. Sorry , I will lose money when I start

37:07

a business . I will lose money when I

37:09

start a business . Like you have to know that part

37:11

of it . I will also make money , but

37:14

I will lose . Hopefully make more than I lose

37:16

.

37:18

There it is . You will lose money if you

37:20

go into . So that would be a good point

37:22

right there If everyone looked in the mirror and

37:24

said before I do this , I will lose money

37:26

.

37:26

Yeah , it's part of the it's

37:29

, it's part of the risk of war

37:31

is money .

37:31

How much you lose money ? Yeah , that all fluctuates . The

37:33

goal is to make more than what you lose . Yeah

37:36

, that's the goal .

37:37

Absolutely no . And

37:39

then there's some seasons where I'm losing

37:41

. There's some Susan's seasons . I may not bring anything

37:43

in Because I had to go all in on

37:45

something else , I had to get a training and had to fix something

37:48

at the come for the company . There's some

37:50

seasons or months that it may be like that

37:52

. But that's part of business , right

37:54

, and that's knowing that . Well , maybe the next month it's

37:56

gonna be way more , or whatever the case may be , and

37:58

understanding and being comfortable with that

38:00

, right . And that's another thing . When we

38:02

have these conversations with students and I'm like well

38:04

, how much would you say that you feel like you're

38:07

out , and they're like , oh , $500 . And I'm like that's

38:11

nothing for a business . I'm be very clear for you

38:13

, clear with you . That's I'm not saying that you

38:16

losing $500 is nothing . Don't twist

38:18

the words . I'm just saying that

38:20

losing that amount in your five

38:22

months in a business , you actually

38:24

doing pretty well , if you ask me right

38:26

, you're not doing bad at all . But

38:29

once again , it goes back to many of us this

38:31

is our first time we're getting into this , the first

38:33

time we're being educated on anything about

38:35

this , and it's you don't

38:37

want to lose , you just , you just want to hold on to it right

38:39

.

38:39

That's another thing for us . I remember when our

38:41

business broke , even meaning it was able

38:43

to pay for itself . Yeah that's when

38:45

we said oh . We got something here . Yeah

38:48

, that wasn't , that's a win because now

38:50

the everything that the business is generating

38:52

is now paying for itself . I don't got put that in

38:54

, so I'm not coming out of pocket , I am not losing

38:56

. My business is now able to sustain

38:58

itself . It's like a baby . When a

39:01

baby starts to be able to do its own thing a little

39:03

bit , oh , you're getting to walk , now you can talk , you

39:05

can pour your own milk like somebody

39:07

Lonnie , obviously but now you're , it

39:09

starts to be able to sit . Now that's not you making

39:12

millions and it's on the same stuff . No , uber

39:14

just made a profit . I think . Like a couple

39:17

weeks ago they , uber reported his first

39:19

earning season of making a profit . Now we're

39:21

not building next ubers or lifts or amazons

39:23

. But we have to know , unless we're

39:25

Jeff , people talk about starting a business with

39:27

nothing . Jeff , jeff

39:30

bezett Bezos from Amazon . His family

39:33

gave him a quarter of a million dollars to

39:35

start to start , because people always post the picture

39:37

of the garage with the Amazon logo in the back , uh-huh

39:39

. But they gave him a quarter of a million dollars

39:42

. That's a hell of a start . So

39:45

both of us are not going to business getting a quarter

39:47

of a million dollar loan from our family to build

39:49

the next Amazon . So let's think about that when we

39:51

are starting .

39:53

Which is along the financial things , at

39:55

some of the stuff that we spoke about , which

39:57

245

39:59

thousand five hundred and seventy three .

40:01

Seventy three dollars turn it to nine

40:03

hundred fifty eight billion . Oh , jeff

40:05

.

40:05

Yeah , that return is crazy .

40:07

Oh what ? Over a million dollars . In 1995

40:09

his parents were loaded Like that's what

40:11

it is in 1995 .

40:13

That's a different type of money . So

40:15

other things that I had down of things that you should consider

40:17

or maybe the burden

40:20

of entrepreneurship and businesses and things

40:22

like that is you always want more . You never

40:24

stop wanting more , and I

40:26

think one of our beginning episodes was about this

40:28

, of why do we always want more ? How do

40:31

we stop ourselves from wanting more ? But you always want

40:33

more . I remember we started out with this business what

40:35

you spoke about we just wanted to pay one

40:37

bill . Now , one building Dallas

40:39

is like a hundred oh , I think it

40:41

was just a two of us a water bill or

40:44

a cell phone bill . It was not anything . We just wanted

40:46

to be one bill , right . And

40:48

then it built to like , okay , it paid one bill

40:50

, should it pay two ? Can it pay our salaries

40:52

? Can it be a ball of our salaries ? Can it double our

40:54

salaries ? You always want more

40:56

. Now , the way that we

40:58

want it is different . The way we want and need

41:00

is if we want to be all the bills now , now we don't just

41:02

want to pay one bill , we want it to pay

41:05

all the bill , which is fine , but

41:07

it becomes a different type of pressure , right ? So you

41:09

always want more entrepreneurship

41:11

. It's very hard to stop

41:13

yourself and say like , okay , this is

41:15

enough money , I don't need any more

41:17

money , and that may be because we haven't reached to

41:19

that point of wealth there . I'm sure there is a point

41:21

of wealth that you're like I don't even need anything

41:24

else . That could be that point of that

41:26

, but many of us probably won't reach to

41:29

that point of wealth . But you always

41:31

, always want more and kind

41:33

of being mindful of that and being

41:35

mindful of how you look over the

41:38

, the gems and the things

41:40

that you , the wins that you have , because that happens

41:43

, you just you just on a hamster where you just want more

41:45

and you're not paying attention to the things

41:47

that you once were excited about . Which

41:49

brings us , brings me , to a point of . I don't know if

41:51

you guys know who Vanessa Lau is , but she's

41:53

a content creator that Basically took a

41:55

sabbatical for a year and came back and

41:57

posted a video just about why

41:59

she left . Now she was at the height of her career

42:02

and it just speaks on that like just always

42:04

wanting more , seeing what other people doing , just keep

42:06

doing more and more and more . And , to shoot me

42:08

so pointed , she is like , okay , this is too much

42:10

.

42:10

There was these three , though it was these three millionaires

42:13

, multi millionaires , like 10 , 15

42:15

, 20 , 100 , whatever it was . Mm-hmm

42:17

and I think I sent you the story . But he

42:19

was talking to one of his friends , two

42:21

guys one month . One had , let's

42:23

say , a hundred million , other had like five , ten , whatever

42:26

it was , and the one had had , that

42:28

had five , said talking to the one

42:30

that had a million he was talking

42:32

about , you know , the one had a million just bought his dream

42:34

house , something he's been looking for all these

42:36

months , all these years . Bubble blast , super

42:38

excited and he's like I'm super excited

42:40

for you , I'm happy that you got , you know , your dream home . They

42:43

spoke to him a few months later . The guy who had a hundred million dollars

42:45

and the guy who , at five , was

42:47

like no , the one had a hundred

42:49

told them like oh yeah , I'm thinking about selling my house

42:51

. He was like why , this is your dream house , this is the one you've been

42:53

looking for . He was like the problem

42:56

was that I wanted this house . I

42:58

was looking for this house for so long and then , when

43:00

I got it , I realized that it wasn't the dream house I

43:03

always wanted , because it became too much for me to handle

43:05

. It was the maintenance I'm paying for

43:07

now I had as a hundred million dollars , like the maintenance I'm

43:09

paying for . It's the long-care , it's

43:11

the pool guy and something goes out

43:13

or breaks in the house . At least 25 , you know $25,000

43:16

bill . He's a . Now the house has

43:18

me and I'm always gonna be stuck and tied to

43:20

these , these bills , mm-hmm . And

43:22

that kind of goes back to the question of

43:25

Like what's enough

43:27

and we have an episode on and knowing what's

43:29

enough for you . We could talk about that .

43:30

Yeah , that's our early episode , early episode .

43:33

Mm-hmm , but that's gonna be a challenge You're gonna face as well

43:35

. Tell us with . She can

43:37

probably afford a Private

43:39

plane that gets her from here to Tokyo , but

43:41

she just charted one because her private plane

43:43

can't go that far . All right

43:46

, what it was ? Yeah , her private plane can't go that far . She

43:48

has a private plane that could probably keep it in the US , but it can't

43:50

go across to Tokyo . She might not ever

43:52

need that plane to go from here to Tokyo as often

43:54

as she would like for it to make sense , but

43:57

she understands where she is . Now I don't need that

43:59

plane , that's . I don't know what the price

44:01

range of it is , but knowing what's enough

44:03

for you at this season in your life it's gonna be super important

44:05

. So entrepreneurship it will always

44:07

have you facing a A more

44:09

, which is not a bad thing , but it's a challenge

44:12

. It can be a challenge .

44:13

And I know when to kind of like stop and

44:15

not just look past things

44:17

. Something else that had down was

44:19

, I Think , that people speak about when

44:21

we speak about this as well . You

44:23

know a lot of times for entrepreneurial ship and as you're

44:26

growing and scaling , you bring on a team

44:28

right , and so the energy

44:30

. I think that this is important to know the energy

44:32

and trust that it takes to grow a team . I

44:35

don't know that people are cognizant

44:37

of , unless you are , like

44:39

, maybe , a hiring manager it's your job or

44:41

director or whatever the case may be in a different position

44:44

then it is a lot

44:46

to bring on a team , to train

44:48

them , to trust them , to have

44:50

them believe in the same vision that you have

44:53

for your business . And I think that

44:55

, yeah , that's the point of a business right at some

44:57

point we want to scale it at some point . We don't want to be

44:59

the only ones here . We want to be able

45:01

to delegate out to other

45:03

people . And I think thinking about , can

45:06

I manage , you know , do I even want

45:08

to manage people and am I the

45:10

person to do that ? I think it's just

45:12

as important what happened .

45:14

I was checking out the video , okay

45:16

.

45:17

So managing and the energy

45:20

and trust of just bringing on people

45:22

to be part of your team and your vision

45:24

is Another adder on elements

45:26

that you may be like . Well , I'm not there yet

45:28

, but eventually you will get there , hopefully

45:30

, if your business to continue to grow .

45:32

You got to consider . If you don't want to work with people

45:34

you don't want you , you don't like people , you

45:37

don't like talking to people , you don't work with people entrepreneurship

45:39

is probably not for you . Now you could be a solopreneur

45:41

where you only have a one-person business , but

45:44

there are challenges with that as well . So

45:46

that's something to definitely be mindful

45:48

of . If you don't like people , entrepreneurship

45:51

might not be for you , unless you have a partner or

45:54

you got a remote employee or someone who

45:56

could kind of take Some of that burden off for you . Something

45:58

to think about .

45:58

So and the last thing that I had With

46:02

sometimes you don't feel like doing it . Okay , sometimes

46:04

you don't feel like doing it and you

46:07

have to because maybe your family or your team

46:09

is relying on you and there is

46:11

no Something happened in the

46:13

family there . People do not . Customers

46:15

do not give you the same amount

46:18

of what's the word grace

46:20

grace that you may want , right

46:22

, and you , I think about that all the time . Some people

46:24

, a lot of us , are not Business owners , so we don't consider

46:26

that when we're speaking to other people . But customers

46:29

don't give you grace all the time because they're like

46:31

it's a business , doesn't matter what's happening , it should still

46:33

move forward . But there are times you just

46:35

don't want to do it and you must . So

46:38

if you're a one that like , well , I don't do none , I don't want

46:40

to do this thing . The business

46:42

is not starting a business . Doing entrepreneurship

46:45

is not for you because , like we said , you're always on

46:47

, so you don't always feel like being on

46:49

. Obviously don't always feel like talking to your

46:52

staff , you don't always feel like talking to a set

46:54

customer , because you could have had a bad day , you

46:56

could have a death in your family , you could have had

46:58

all these things happening right , but

47:01

you must , you must , must , must . So

47:03

those are , I Don't

47:06

know , seven , maybe eight .

47:07

Oh , we'll have to go different Account

47:09

different points that we had of like

47:11

and again thinking about entrepreneurship

47:13

and considering and to reiterate Entrepreneurship

47:16

is it for everyone and that's okay

47:18

to pursue different paths . We would just want to

47:20

give you guys a light , an example

47:22

, yeah , and to give you

47:24

guys some mindsets and characteristics

47:26

and traits of people who this may not be

47:28

for again , like I said , if we didn't

47:31

scare you away . You know what , like I can

47:33

, I can handle that . Yeah , I can move

47:35

. Your ship might be for you , you like

47:37

. You want to try something out cleaning business University

47:39

? You could check out . Go to wwwcleaningbusinessuniversitycom

47:42

. Check out our framework

47:45

, our course , our community to teach you how to start and

47:47

scale a remote cleaning business where you don't have to clean

47:49

houses . If you want to make a couple dollars outside

47:51

your nine of five or a couple hundred thousand dollars on

47:53

such a night of . I'll be something for you

47:55

to check out . If interested in sponsoring an episode

47:57

and you want to get your product of service out there , you

48:00

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48:06

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48:09

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48:10

People and if you're like , why just want

48:12

to hear more on the good of the business ? We have a hundred

48:14

plus other episodes that talk about the good of the business .

48:17

Make sure you watch this episode here testimonials

48:19

of our students doing well .

48:21

So you know , we're not like

48:23

we said , we're not here to say that you shouldn't do it at

48:25

all , but these are things you just should consider that

48:28

maybe , if you're starting out , you're not thinking about

48:30

, because the famous line I don't know what I don't know

48:32

, and now you do , okay

48:35

. So thank you once again for tapping

48:37

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48:39

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48:43

What was one takeaway that you didn't know ? Other

48:45

than they're pursuing a contribution

48:47

, drop it in the comments below . We'll be sure to respond to

48:50

you .

48:50

Yep have a good one .

48:51

All right guys , peace Bye .

49:02

Thank you for tapping in with us again . As

49:04

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