Episode Transcript
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0:00
You're a man of action. You live
0:02
life to the fullest. Embrace your fears
0:04
and boldly chart your own path. When
0:06
life knocks you down, you get back
0:08
up one more time, every time. You
0:10
are not easily deterred or defeated, rugged,
0:13
resilient, or strong. This is your life.
0:15
This is who you are. This is
0:17
who you will become at the end
0:19
of the day and after all is
0:21
said and done, you can call yourself
0:24
a man. Starting a business
0:26
is extremely hard work. Now, I know there's
0:28
a lot of people on the socials, Instagram,
0:30
Facebook, YouTube, all these
0:32
entrepreneurs telling you how easy it is to start a business and
0:35
why this is the best time and all you have to do
0:37
is open your doors and all you have to do is sell
0:39
a product. And some of that has
0:41
some validity to it, but it's
0:43
harder than you think. And I'm
0:45
going to be real with you because I've
0:48
had some success in business, I've had some
0:50
failures in business, and I think it's very
0:52
important that we be honest with each other
0:54
about what it takes to succeed as an
0:57
entrepreneur. I do believe that
0:59
it's the best time to start a business
1:01
and I do believe that there's plenty of
1:03
opportunity out there for you to start a
1:06
lucrative side business or side hustle if you
1:08
want to call it that or
1:10
even a full-time career if you have a
1:12
desire, an inclination, and the
1:14
ability to do so. But
1:16
there's some things that you need to be
1:19
very, very aware of because if you're not,
1:21
you're going to fall prey to the Instagram
1:23
gurus who tell you how easy it is
1:25
and you're going to end up spending a
1:28
lot of time, money, energy, and resources on
1:30
something that's destined to fail. So
1:32
today I'm going to talk with you about
1:35
five things that I've learned over the past
1:37
nine years and running the order of man
1:39
organization and with my own registered investment advisory
1:41
firm for financial planning prior to that. And
1:44
then I'm going to talk with you
1:46
about five solutions that you can consider when
1:48
starting your own business. Now guys,
1:50
before I get into that, I do want to mention
1:52
speaking of businesses, one business that
1:54
I'm a huge advocate for and friends
1:57
of mine over at Montana knife.
2:00
company. Now these guys make knives
2:02
for hunting for culinary. I believe
2:04
they're coming out with a tactical
2:06
line very soon. They're
2:08
incredible knives and the best thing
2:10
about them is they are made
2:12
in America. I love that. I
2:14
support American made businesses like Origin,
2:17
like Sorenx and also like Montana Knife
2:20
Company. So if you're looking for a
2:22
great knife and you want
2:24
to have something that's going to work in
2:26
the field if you're hunting or work in
2:28
the kitchen if you're cooking then look no
2:30
further than montanaknifecompany.com and then when
2:32
you check out use the code orderofman
2:35
all one word order of man at checkout because
2:37
you're going to save some money when you do
2:39
and you're also letting them know that you heard
2:42
about them here. So it supports them, it supports
2:44
us and you'll have a great
2:46
knife in the process. Again montanaknifecompany.com use the
2:48
code order of man. Alright guys
2:51
let's jump into this. Number one I'm going to
2:53
talk about the pitfalls first. So
2:55
the first pitfall or maybe not even pitfall just thing
2:57
to be aware of that a lot of people don't
2:59
talk about is that it's
3:01
going to take a
3:03
lot of time and energy up front
3:05
and it becomes more efficient the
3:07
longer that you do it. I want you
3:09
to imagine for a second when the
3:12
most inefficient time for
3:15
a plane to take off let's say
3:17
a plane is departing LA and it's
3:19
flying to New York what
3:21
is the most inefficient element of that
3:24
flight? Well it's the takeoff it has
3:26
the most fuel which means it's the
3:28
heaviest it's trying to elevate so it's
3:31
fighting gravity and wind and other you
3:33
know natural forces that are at work against
3:35
it and it's and it's inclining so it's
3:38
the most inefficient time and it's trying to
3:40
get up to a cruising altitude of let's
3:42
say 35,000 feet. Once
3:44
it gets to 35,000 feet the plane levels
3:46
off they're not fighting friction
3:49
as much fuel is being burned so
3:51
the plane becomes lighter they get into
3:53
jet streams which help propel and push
3:56
there's a lot of efficiencies that happen
3:59
after you get get past the initial
4:01
takeoff. Well, the same thing is true
4:03
in your business. It's very inefficient. It's
4:05
very challenging. It's very frustrating in a lot
4:07
of ways. When I started Order
4:09
of Man, now look, let me back up.
4:12
Again, the InstaGurus will tell you, burn the
4:14
boats, march into your boss's office and tell
4:16
him to F off and burn the bridges
4:19
and go out and do your own thing.
4:22
Look, if you can do that, all the power to
4:24
you, that's not how I did it. That's not how
4:26
most of the guys that I work with and talk
4:29
with have done it. The most successful
4:31
people in the world, they
4:33
don't do it like that. What
4:36
they do is they leverage previous opportunities
4:38
to create new opportunities for themselves and
4:40
they do it in an intelligent way.
4:42
So an example of that might be
4:44
somebody like Cam Haynes. Cam
4:47
Haynes worked for, I don't know exactly,
4:49
no, I think it was a utilities company
4:52
in Oregon for decades.
4:55
And now he started his own podcast. So you might
4:57
look at it and say, well, you know, like he
4:59
just came out of nowhere. No, he was working with
5:02
the utilities organization for decades while
5:04
he was building his movement, building
5:07
his social media profile, building clout. And then when
5:09
that got to a level, he was able to
5:11
step away and I don't know
5:13
his financials, but he was able to step away
5:16
and probably create something that was even more lucrative
5:18
than it was before. But don't for a second
5:20
believe that that guy just burned the
5:22
bridges, burned the boats and told
5:25
his former employer to F off and
5:27
just took this leap of faith. That's
5:29
not really how it worked. You
5:31
look at guys like even
5:33
former military members who
5:35
start podcasts, start organizations, start
5:37
movements, start speaking
5:39
careers. They're leveraging their
5:42
previous employment
5:44
in the military in this case. And
5:47
they probably got a retirement, they probably got a
5:49
pension, they probably got money coming in, maybe their
5:51
spouse works. And so it looks
5:53
like they're just taking this leap of faith, but
5:55
they're not guys. When
5:57
I started order of man, I was working two
5:59
hours. hours in the morning and then
6:01
I would go to my quote unquote real job
6:03
financial planning. I would do that work and then
6:06
I'd come home. I'd see my wife. I'd spend
6:08
time with my kids. I do dinner and then I
6:10
put the kids down and then I would do another
6:12
hour or two in the evening. This
6:14
is what's required to start a business.
6:16
You have to sacrifice and
6:18
it takes time to get it up and
6:20
running and you have to realize that it
6:22
will and also I would suggest to you that it's going
6:24
to be a season. It's
6:27
not indefinite. Again when
6:29
I started order man in 2015 I did that
6:31
for about a year maybe a little longer before
6:33
I sold my financial planning practice and then did
6:35
the order man thing. Now some people might say
6:37
well there's your leap of faith. It is a
6:39
leap of faith but I
6:41
had income coming in from the sale of my business.
6:44
I didn't just shut off the income stream because I
6:46
had kids and
6:48
a wife and responsibilities. I'll
6:52
say it as bluntly as I can. We're not going
6:54
to be dumb about this even though the instant people
6:56
will tell you to be smart
6:58
about it. It takes more time
7:00
and energy than you think. Realize
7:02
it's a season. Communicate with the people your wife
7:05
your kids whoever might be affected by the season
7:07
you're in and get after it. All right. Number
7:09
two additional costs continue to accrue.
7:11
I'm noticing this now. You know as
7:13
our organization and our movement grows there's
7:16
new technology. There's new resources. There's new
7:18
social media things and all these other
7:20
companies want a little piece of the
7:22
pie your pie. I'm
7:24
not saying it's bad or it's wrong. I'm
7:26
willing to invest in my business because it's
7:28
an investment which means that I
7:30
have the anticipation of a return. So I'm
7:33
OK with that. But you also need to
7:35
know that things add up. Things
7:37
get expensive. All right. There
7:39
there there's new technology. We
7:42
use social media. We
7:44
use different platforms to administer.
7:47
We have some
7:49
back end programs. We have email
7:51
stuff that we're using. We use
7:53
ConvertKit that I pay for.
7:56
There's costs associated with it. And now there's
7:58
costs associated with people. having people
8:00
manage it because I
8:03
can't do everything that needs to be done on
8:05
my own. And so I have to bring other
8:07
people in who are experts in these departments so
8:10
that I can pay them to do a
8:12
good job in those areas. So costs accrue.
8:15
And you need to be very aware of that. You can run
8:18
something very streamlined, very minimal as far as
8:20
investment goes for only a period of time.
8:22
But if you want to grow it, there's
8:24
additional costs, additional sacrifice that needs to be
8:26
made. And again, I'm going to get
8:28
into solutions here in a minute, but I want you to
8:30
understand there's additional costs associated with this.
8:33
I'm not trying to dissuade you from starting
8:35
a business. I'm just trying to be honest
8:37
with you because all these other quote unquote
8:39
influencers are not being honest with you about
8:41
what it takes. They're lying to you. They're
8:44
telling you it's easy. They're telling you all
8:46
you need to do is start a thing that you're
8:48
excited about. And then you know, all of your wildest
8:50
dreams will come true. Well, they won't. You'll
8:52
probably be miserable for a time or you'll have
8:54
seasons of being miserable. That's how it goes. So
8:57
I'm going to be honest with you about it.
8:59
Number three is that you're going
9:02
to make mistakes along the way.
9:04
All right, you might feel really good about
9:06
your movement or your business or your service
9:08
or your offering and everything's going well and
9:10
things are wonderful. And then all of a
9:12
sudden you do something dumb, maybe
9:15
not even dumb, maybe ignorant. And there's a difference.
9:17
Dumb is doing something you know you shouldn't do.
9:19
Ignorance is doing something you didn't know you shouldn't
9:22
do. So you're going to have
9:24
a lot of ignorance about your business,
9:27
about sales, about marketing, about hiring
9:29
people, things that you would never even consider.
9:31
I'll give you a couple of examples. My
9:34
first book, sovereignty, the battle for the hearts and minds
9:36
of men, the distributor
9:40
went out of business straight up just bankruptcy,
9:42
went out of business. And I
9:44
lost three quarters of revenue that had
9:46
not been paid to me because that
9:48
business bellied up. That
9:50
was expensive. Now it worked out in the long
9:52
run because I took my lumps, I took my
9:54
hits, I lost some money and I made a
9:56
better decision moving forward and now have rights to
9:58
my own book for distribution. which is exactly
10:00
where I wanted to be in the first place. But
10:03
that's what happened. And I
10:05
didn't know that that could happen. I didn't
10:07
anticipate that happening. I wasn't aware of that
10:09
happening. And so I got hit with it.
10:12
I've also done other things where I've
10:14
bought thousands of dollars worth of merchandise
10:16
that I couldn't sell. I
10:18
got hit with a copyright, I
10:21
should say it this way, I almost got hit with
10:23
a copyright infringement. They sent a
10:25
letter to me and asked me to not sell
10:27
that because it was so close to their brand.
10:30
And they were right, it was. That was ignorance.
10:32
And so, you know, thousands of
10:34
dollars worth of merchandise that basically became
10:37
expensive house cleaning rags.
10:40
That stuff happens. And you have
10:42
to be aware of it. And you have to
10:44
anticipate it. And know that if it happens, it's
10:46
not the end of the world. It's just, as
10:49
my friend Pete Roberts with Origin says, tuition payments.
10:51
And you have to pay the tuition. I
10:53
don't wanna pay tuition, but it's the cost
10:55
of doing business. Number four is
10:57
I'm trying to figure out how
11:00
to communicate with all sorts of different people. I
11:02
know what I'm driven by. I know what I'm
11:04
inspired by. I know what speaks to me. I
11:07
know how I like to hear
11:09
things or how I wanna move forward. But
11:11
not everybody in my organization is exactly like
11:13
me. Now our vision and our
11:15
values and our mission may be aligned, but
11:17
they may be driven by something else. For
11:20
example, I've got a couple of guys in Order
11:22
Man and Iron Council that I've hired. Great
11:25
men believe in the mission wholeheartedly. I've never
11:27
doubted that. They're very data-driven. I'm
11:29
not a data-driven guy. I'm
11:31
more of an intuitive. So if I see something,
11:33
it sounds good, feels good, feels right, I'm gonna
11:35
go for it. These guys are like, well,
11:37
hold on. Let's look at the data first. I'm like, nah, screw the
11:39
data, just go for it. So there's
11:42
some friction from time to time with me and these
11:44
other men. They're not bad guys. It
11:47
doesn't mean they don't believe in what we're doing. It
11:49
just means that they see things differently. And I value
11:51
that. Even though it's hard for me to wrap my
11:53
head around and challenging because it has this friction at
11:56
times, I value somebody
11:58
who's aligned with my mission. But
12:01
sees it in a different way because they're gonna help
12:03
shore up my weaknesses But
12:05
that means that I need to be able to
12:07
expand and open up and broaden my horizon For
12:10
my ability to communicate with individuals like this
12:13
I can't shut those people down and I have a
12:15
tendency of doing that because I think their way is
12:17
not wrong But not ideal because
12:20
I'm only seeing it through my lens You're
12:23
gonna work with good people. You're gonna
12:25
work with data-driven people. You're gonna work
12:27
with assholes at times You're gonna work
12:29
with hard chargers You're gonna work with
12:31
people who are driven by things that
12:33
don't even appear relevant to you at
12:35
all And you have to be able to do
12:37
it all You have
12:39
to be able to see it from their perspective again I'm
12:41
gonna give you some solutions here shortly, but I want you
12:43
to be aware that you're gonna have to work with Some
12:46
people I was talking with my daughter the other day and
12:48
she was talking about somebody that she had met and she
12:51
said you know, I don't really like that person and I
12:54
said no I understand like but we have to be
12:56
aware that We're gonna
12:58
be around people that we don't always like
13:00
and so part of growing up and maturing
13:02
is Learning how to get along
13:04
with all sorts of different types so
13:09
It's it's a challenge, you know, and
13:11
so does my daughter not be
13:14
friendly with you know the neighbor or
13:16
or does she like she has to navigate that
13:18
a little bit and it's my job as a
13:20
father to help her but it's also our job
13:22
as Entrepreneurs
13:25
business owners employers to recognize this somebody
13:27
that I just don't like and doesn't
13:29
need to be part of our organization
13:31
Or is this somebody who just sees it differently and
13:33
I need to work with them in order to propel
13:36
our mission forward in a way That I could not
13:38
do on my own and then the last
13:40
point I want to make before I start getting into solutions because
13:42
up to This point we've done 10 minutes of griping and telling
13:44
you how bad it is to start a business and some of
13:46
you're thinking Why would I ever do this? So
13:49
I'm gonna get into some solutions But the
13:51
last point I wanted to make is that
13:53
there's a challenge in making sure
13:55
that you're continually growing I think I said
13:58
it on another Friday field or
14:00
an ask me thing that you're either growing or
14:02
you're dying. And I believe
14:04
that's true. You're either moving forward
14:06
and propelling and getting better, or
14:09
you're falling behind and you're losing ground.
14:11
There's plateaus in your business. There's even
14:13
worse than plateaus. There's dips where
14:16
things look like, oh, man, this thing has run
14:18
its course. I've gone through this over nine years.
14:20
This thing has run its course, and maybe we're
14:22
done here. And
14:24
instead of throwing in the towel, you need to
14:26
have the mental and testicular fortitude to say, you
14:28
know what? I'm going to keep driving forward. I'm
14:31
going to change a few things to ensure that
14:33
we continue to drive forward, but I'm not going
14:35
to plateau. I'm not going to dip. I'm not
14:38
going to fall under it. I'm not going to fall behind. I'm
14:41
going to look at new ways of growing. I'll get
14:43
into solutions here in a minute, but new ways
14:45
of growing so that I continue to improve and
14:47
get better. Markets
14:49
change. Consumers change.
14:52
The landscapes change. Technology
14:54
changes. Social media changes.
14:56
Buying habits change. Presidents
14:58
change. The economy changes. Everything around you
15:01
that even is uncontrollable changes, and you
15:03
need to be able to ebb
15:05
and flow, weave, and bob as
15:08
those outside factors change if you want to have
15:10
success and continued growth in your business. So
15:13
those are the problems. There's an infinite
15:16
number of challenges, but those are the five that have really
15:18
stood out to me. Again, what
15:20
does it take to get up and running? Additional
15:22
costs accruing, making
15:24
mistakes along the way, having
15:26
to learn how to communicate with all sorts of
15:28
individuals, and then making sure that you're not plateauing
15:31
or dipping. So what do we do about it? Well,
15:34
number one, again, what does it take to get up and
15:36
running? Well, you have to recognize that you're in a season.
15:39
That's it. You're just in a season. It takes
15:41
time. And so as we talked about that analogy
15:43
of the plane taking off, it's not
15:45
efficient at first, but it will get there. And
15:47
so we have to have a little faith, and
15:50
you have to have a little strength, and again, fortitude
15:52
to be able to recognize that, hey,
15:54
this is going to be a crazy three months, or six
15:56
months, or nine months, or a year. But you can have
15:58
a plan, and you can have a plan. You can bear
16:00
down when you need to bear down. Recognize
16:02
that you're gonna need to do it hard at first and
16:04
then it will get easier. I won't
16:06
say easier. It will ease
16:08
up your time constraints. But one
16:10
thing I want you to be really aware of is
16:13
you, and I said this earlier, you have to be
16:15
able to communicate with the people who will be impacted
16:17
by the decisions you're making. If you're
16:19
starting a business and you're not communicating with
16:21
your wife about how many hours
16:23
you're gonna put in the morning or the evening,
16:25
she's gonna get very frustrated very quickly and
16:28
not only do you have the business to grow, but
16:30
now you have a contentious wife and that's gonna be a problem for you.
16:34
So you need to communicate with her. If
16:36
you can't coach your son's team like you always have
16:39
or you can't go to all of your daughter's dance
16:41
recitals like you have in the past, then you
16:43
need to be able to clearly articulate why that's the
16:45
case and when it will change. Don't
16:48
assume that they're just gonna come to
16:50
the best conclusion about you being gone. Oh,
16:52
you know what? Dad's gone because he's starting a
16:54
business and we're really proud of him and I'm
16:56
so grateful that he put food on the table
16:58
and put the roof over our head and worked
17:00
so hard for us. That'd be wonderful if our
17:03
kids and our spouses always believe that, but they
17:05
don't always believe that. A
17:07
lot of the times it's, well, dad's selfish and he's
17:09
only doing this for him and he doesn't care about
17:11
us anymore and that's not the case, but
17:14
it feels that way if we
17:16
can't communicate it with the people that we love
17:18
and care about. So make sure
17:20
that you're communicating and then also make sure you're honoring
17:23
your word. If you say you're gonna be
17:25
done at Friday at 5 p.m., then
17:27
you better be done at Friday at 5 p.m. If
17:30
you say you're gonna take all day Saturday to go
17:33
play catch or go on a run or go on
17:35
a hike with your kids, then you better be done
17:37
on Saturday and go play catch or go on a
17:39
hike or a run with your kids. Being
17:42
in integrity that way will,
17:44
I was gonna say, give you the leniency.
17:46
I don't like saying it like
17:48
that, but will afford the opportunities to
17:51
double down when you really need to get to work. Number
17:54
two, I said additional costs accrue.
17:56
So the anecdote to that is
17:58
planning ahead for costs. and
18:01
maybe even consider not taking a bunch of money
18:03
out of your business at first. Now look, you
18:06
might have aspirations to start
18:09
a movement, start a business, start an organization that serves
18:11
people, but also if it's a business, you wanna make
18:13
money, let's not pretend that it's a money-making
18:16
venture, and we can talk
18:18
all about what money means and we have in the
18:20
past, and we should talk more about that, but what
18:22
you need to know is that maybe you shouldn't be
18:24
taking money out of the business and
18:26
sucking all the blood out of your business so
18:28
it can't thrive and grow. Give
18:31
it a chance to build,
18:33
to develop, to sustain
18:35
itself. If
18:37
you can't do that, then you're gonna kill the
18:39
thing before you even give it a chance to
18:41
lift off and to grow and develop. Also
18:45
look for low capital ventures. You
18:48
know, when I started doing merchandise, I was selling
18:50
one piece at a time using drop
18:53
shipping type stuff where somebody would come in and order
18:55
a shirt and then it would be printed, and then
18:57
they'd send that shirt one at a time, and
18:59
it wasn't more expensive for the consumer, but it
19:01
was more expensive for me than it would be
19:03
to order 500 shirts,
19:06
for example. But
19:08
I had to do that at first because that
19:10
was a low-cost way for me getting merchandise out
19:12
there, and gradually I've taken it on. I
19:15
was, I hired a
19:17
distribution center to take care of orders
19:19
and supplies. I brought that in-house. There's
19:22
things that I've done over the course
19:24
of nine years that have become more,
19:27
again, efficient over time, but I'm
19:29
looking for low-cost ways to sell
19:31
merchandise and products and services and
19:34
offerings. Even now, if I have
19:36
a new shirt, I'll put it on a pre-order, and
19:39
I'll go promote it to our audience,
19:41
and those individuals will buy those shirts
19:43
before I even have to pay for
19:45
them, and I
19:47
could potentially have 50, 60, 70% of
19:51
the capital covered in pre-sales before I
19:54
even have to pay for the shirt
19:56
or the hat or the merchandise that
19:58
I have. This is... This is
20:00
just smart business. And of
20:02
course I inform my customers, this is a pre-order, it's
20:04
gonna take a little longer than you might normally anticipate.
20:06
And they're okay with that. If I'm being honest with
20:09
them about it. But this
20:11
is, you have to be creative in low
20:13
capital environments. So you can
20:15
sell things without having this like $10,000 bill or
20:17
this $100,000 bill that's
20:21
gonna be difficult for you to pay. Just
20:23
be aware that if you're a vampire
20:25
of your business and you suck all the blood
20:28
out of your business because you wanna buy the
20:30
new car, take
20:32
your wife on a vacation or
20:34
live this lavish lifestyle, well, you're
20:37
killing the goose. You've
20:40
got that story of the golden goose and
20:42
it lays golden eggs. And
20:45
some people will just go ahead and take the goose
20:47
and kill the goose. It's like, well, no, protect
20:49
the goose, take the eggs as
20:51
they come. But the goose is the
20:54
value, not the egg itself. All
20:57
right, number three, I said that you're
20:59
gonna make mistakes along the way I talked about
21:01
book distribution. I talked
21:03
about failure and merchandise. The antidote to that
21:06
is working with coaches, following
21:08
people, going to events, building entrepreneurial friendships,
21:10
asking them powerful questions. What's been your
21:12
biggest pitfall or what lessons have you
21:14
learned or where did you misstep and
21:17
where did you mess up and
21:19
how expensive was your biggest mistake and what did you
21:21
learn from it? The more you
21:23
can attend events and invest in yourself by
21:26
hiring coaches, attending events, building entrepreneurial
21:28
friendships, and then listening to people
21:30
who are qualified to give the advice, the better off
21:32
you're gonna be. Right,
21:34
they've done that. For example,
21:37
you're listening to this podcast, if I'm
21:39
telling you, hey, be aware of doing
21:41
merchandise that's
21:43
already been done and then you're gonna have $2,000, $10,000, $100,000 worth
21:45
of inventory that
21:49
you can't sell, I hope you listen
21:51
to that so you don't have to do it yourself. The
21:54
adage is smart people learn from their mistakes,
21:56
wise people learn from the mistakes of others.
21:58
You have mentors, you have coaches. You have
22:00
conferences, you have emails, you have podcasts, you
22:02
have books, you have entrepreneurial friends. Befriend
22:05
them, listen to them, invest in them, go
22:07
to their conferences, read their emails, listen to
22:09
their podcasts. They're telling you what to do.
22:11
They're literally giving you a roadmap. Go
22:14
to the library, go to Barnes and Noble, get on
22:16
Amazon, I don't care. Get, like,
22:19
consume that information
22:21
and then apply it so
22:23
you're not learning the same dumb mistakes that
22:25
those people made that I've made in
22:27
my career and my 10,000 or
22:30
whatever dollar expense or cost or
22:32
lesson is gonna cost
22:34
you nothing. Learn
22:36
from me, don't learn from yourself. Number
22:39
four, I talked about learning to communicate with all types.
22:42
The anecdote or the answer
22:45
to that is that recognizing that all people are
22:47
not like you and just having
22:49
a little bit of grace and understanding and realize that
22:51
not everybody sees it the same way, I
22:53
think it's very important that you find people who are
22:55
aligned with your mission, aligned with your
22:58
objectives, aligned with your goals. I have all
23:00
sorts of guys in the Iron Council who
23:02
will push and poke and prod and give
23:04
ideas and present counter arguments to just about
23:06
everything I share. But I know these guys
23:08
are aligned with our mission and so it
23:10
doesn't bother me. In fact, I
23:12
welcome it, I encourage it, I like it because
23:14
it helps me see things from a perspective that
23:16
I could not see on my own. And
23:19
the other suggestion I would give to you here
23:21
is that if you recognize that somebody has an
23:23
aptitude for something, what you want to do in
23:25
business is you want to get the right people
23:27
in the right places. I've got
23:29
a guy, Rhys Carter, he believes in our mission,
23:31
he believes in what we're doing, he's been
23:34
in for years, he's been part of this and
23:36
helping us grow. Him and I don't
23:38
always see things the same, he's very data driven,
23:41
I'm very intuitive driven. And
23:44
so he helps us in a very
23:46
specific role inside of the organization because
23:48
that's what he has an aptitude for.
23:51
That's what he's good at. I've got
23:53
Chris Gatschko who runs our events. Well,
23:55
he used to run large events for hotels and
23:59
other conferences. conferences and conference centers. And so this
24:01
is an individual who knows how to plan logistically.
24:03
I don't know how to do that. He's
24:06
aligned with our goals. He's aligned with our mission.
24:08
He believes in what we're doing. And therefore, I
24:11
don't have any doubt about his motive. Even
24:14
though we don't always see it perfectly, he's
24:16
got the experience there. I've got
24:18
another guy, Steve Baumgardner. He just started doing
24:21
some more of our operations management. I'm
24:23
not good at that stuff. Again, very
24:25
intuitive. I love being front facing, talking
24:27
with you guys, communicating, sharing
24:30
ideas and concepts, and thinking
24:32
about what the future holds. And he's
24:35
very strategic in how we implement some
24:37
of the vision that I've considered. We
24:39
don't always see eye to eye. When
24:41
he says something, I'm like, I don't even know what you're talking
24:44
about. And he's like, what don't you get? But
24:46
I know that he's aligned with what we're
24:48
doing. I believe that he's aligned with that.
24:51
And I know that he has a different skillset than
24:54
me, and I'm very happy to have him aboard. I'm
24:57
working on getting the right people in
24:59
the right places based on their aptitude, based on
25:01
their skills, based on their communication styles. And
25:04
that has proven to be
25:06
very valuable to the
25:09
business, the organization, even though it's hard and
25:11
confronting and challenging at times. And the last
25:13
point here, guys, is I talked about continued
25:15
growth. Here's what
25:17
I've realized, and here I think is part
25:20
of the solution, is understanding that, or
25:23
at least knowing that what got you here
25:25
to this point may not
25:27
necessarily get you to that point. So you might
25:29
hit a certain level of revenue and then cap
25:32
off. Okay, well, that's it. That's
25:35
all. If you keep doing things the way
25:37
you've done them, you're just gonna stay
25:39
there. And you might be comfortable with that. If that's
25:41
the case, okay. But if you wanna
25:43
take it to the next level, then you have to
25:45
do something different. And you have to be
25:47
open to something different. So you have to
25:50
think outside the box. You
25:52
have to, to my previous point, hire coaches, mentors,
25:54
other people, bringing people in who can do certain
25:56
things that you can do as well on your
25:58
own, invest in that. And
26:00
again, it's an investment. You're not just
26:03
throwing money at the thing, you're investing
26:05
in people, you're investing in systems, you're
26:07
investing in processes. And the difference between
26:09
just throwing money at it and investing
26:11
is that an investment has an anticipation
26:14
of a return. If
26:16
you invest a dollar into a thing, then I
26:18
want $10 back or
26:21
$100 or whatever it might be. But
26:23
I'm investing in people, I'm investing in
26:25
systems, I'm investing in technology, because
26:27
I believe it will yield a return for
26:29
us. And you know that, when
26:32
I've incorporated that into my
26:34
business, it's paid off. It's
26:36
always paid off. When I bring the right people
26:38
in, when I bring a new technology, when I
26:41
think outside of the box, when I think a
26:43
little bit differently, and do
26:45
it that way. The last thing I would say is something
26:48
that I call distinctive emulation. So
26:50
what you can do is you can look at what
26:52
other people are doing. Like there's other people in the
26:54
podcasting space, for example, Larry Hagner with
26:57
that edge, Connor Beaton, man talks, Brett
27:00
McKay, Art of Manliness, Jordan Peterson,
27:02
Jordan Peterson podcast, Joe Rogan podcast,
27:05
Modern Wisdom podcast with Chris Williamson,
27:07
Keep Hammering Collective with Cam and
27:09
Haynes, like there's other people doing
27:11
things that are similar to us. I
27:14
can look at what those individuals are
27:16
doing, and I can emulate them. Notice
27:18
I didn't say copy. Because if I try
27:20
to do what Cam or Chris or Joe or any of
27:22
these other people are doing, it's going to come across
27:24
as disingenuous because it is those guys aren't me and I'm
27:27
not them. This is
27:29
why I call it distinctive emulation. Because
27:31
I'm going to run whatever they're doing
27:33
through my own filter, through my own
27:36
mechanism, through my own delivery. So
27:38
we're going to emulate what other people are doing, but
27:40
we're going to do it in our own way with
27:43
our own spin, our own flair and our own personality.
27:45
And then it becomes authentic, then it
27:47
becomes genuine, then people could begin to see that,
27:49
hey, this is a good idea. But man, I
27:51
can see that this is something Ryan's really behind.
27:54
He's not just copying other people. Do
27:56
it your own way. Think about what other people are
27:59
doing that is successful. and do it in your own
28:01
flavor. I hope that helps you.
28:03
Guys, I'm not trying to make it harder
28:05
for you. I'm not trying to
28:07
tell you not to start businesses. In fact, I
28:09
want you to start businesses. I think you starting
28:11
an organization, a movement, a business, a product, a
28:13
service, an offering, is the
28:15
path forward, not only for yourself, but for
28:17
your community, for your family, for
28:20
this country. I want you
28:22
to start businesses. I just wanna be realistic
28:24
about what it takes. Because the last thing
28:26
I'd want is for you to start a
28:28
business because some schmo on Instagram told you
28:30
how easy it was, and they lied to
28:32
you, and you started a business, and you
28:34
wasted a bunch of time, money, energy in
28:36
starting the business, and then you failed because
28:38
you didn't even give yourself a chance to
28:40
do it right because you weren't told the
28:42
truth. The truth is starting a business is
28:44
rough, and I have to ask you, are
28:46
you up for it? Are you up to
28:48
the task? If you are, I believe in
28:50
you. I believe that you can do it. But if
28:53
you're being honest and the answer is no, then don't
28:55
start a business. Pour into your
28:57
current business. Pour into your current
28:59
career. Pour into the things that you're doing
29:01
right now, and make that the best you can possibly
29:03
be. And if that changes in the future, then we
29:05
can look at starting entrepreneurship or something like that. But
29:07
for now, you need to know it's rough. There
29:10
are solutions, there is a path forward, but
29:12
it takes a lot of fortitude, grit, resiliency,
29:14
investment, heartache, heartbreak.
29:17
That's what entrepreneurship requires.
29:20
And I think you can do it. But let's not lie
29:22
to ourselves and tell us that at tell ourselves it's
29:24
easier than it is. That just sets us
29:26
up for failure. All right, guys, if
29:28
you have any other thoughts, lessons learned, things
29:31
that have been hard for you, ways that you've overcome them,
29:33
please let us know. This is a community, order
29:36
of man. And inevitably when I wear this
29:38
hat, I always have people tell
29:40
me that in, I don't know
29:42
what dialect, but in Africa,
29:44
O-O-M means uncle, which I kind of like.
29:46
I didn't know that when I did this
29:48
hat, but I kind of like that. Uncle.
29:52
All right, guys, I hope that served you. If
29:55
you want this hat, by the way, you can check it
29:57
out at store.orderofman.com. Again, check out
29:59
Montana. knifecompany.com use the code order
30:01
of man and then we're gonna be
30:03
doing a lot more emailing getting
30:06
our information to you guys that way so
30:08
if you're interested in hearing more about some
30:11
insights that I had to share updates on
30:13
podcasts and updates on new merchandise new events
30:15
things like that you can go to order
30:17
of man.com and get signed up for our
30:21
email alright guys I'll be back next
30:23
week until then go out there take action and
30:25
become the man you are meant to be.
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