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    341. Q&AF: Dealing With Yes Men, Using Loans Vs. Using Savings & Asking For Help

    enJuly 22, 2022

    Podcast Summary

    • Exploring growth and improvement through unique talk formatsThe Andy Fussella show offers a mix of problem-solving, knowledge, comedy, and real talk, inspiring growth and improvement, and encourages listeners to engage in meaningful conversations.

      The Andy Fussella show is a unique blend of problem-solving, knowledge, comedy, and real talk, all aimed at making individuals and the world better. The show offers various formats including Q&A sessions, analyzing internet headlines, short speeches on important topics, and full-length podcasts with successful guests. The ultimate goal is to inspire growth and improvement, and the show encourages listeners to ask good questions and engage in meaningful conversations. Unlike most shows, the Andy Fussella show doesn't run ads, but instead focuses on providing valuable content and perspectives.

    • Be honest and offer authentic feedbackHonesty builds trust and creates value. Offer authentic feedback and lead with informed decisions.

      Authenticity and honesty are key to creating value and building meaningful relationships in the workplace. The speaker emphasized the importance of not being a "Yes Man" or someone who constantly disagrees, but rather offering honest feedback and behaving like an adult. He believes that people who manipulate situations or try to make themselves look more valuable by agreeing or disagreeing for the sake of it, offer no real value and are not trustworthy. To create value in oneself and endear oneself to more successful people, it is essential to tell the truth, even if it's uncomfortable, and to offer honest feedback. The speaker believes that being aware and making informed decisions based on honest feedback is the best way to lead and make a difference.

    • Adding Value: Identifying Problems and Offering SolutionsTo add value in a professional setting, identify problems and propose solutions instead of just reporting issues.

      Effective communication and problem-solving are key to adding value in a professional setting. According to the speaker, there are two types of people: those who agree and those who claim to be contrarians. The speaker values those who bring solutions to problems rather than just reporting issues. He emphasizes the importance of telling the truth, expressing agreement or disagreement, and proposing potential solutions before approaching leaders. The speaker also shares that he responds differently to those who bring problems without solutions, and encourages individuals to strive for adding value by being solution-oriented. In essence, the speaker's message is that in business, it's not enough to identify a problem; one must also offer a solution to be truly valuable.

    • Listen attentively for genuine feedbackEffective communication and negotiation require active listening and respecting others' opinions. Self-reliance is preferred over borrowing for business startups.

      Effective communication and negotiation involve listening attentively and allowing others to express their opinions first to obtain genuine feedback. The speaker emphasizes the importance of being a fair negotiator and building relationships based on trust and mutual benefit. In the context of starting a business, the speaker advises considering one's comfort level with using savings versus taking out loans, with a preference for self-reliance. The speaker's personal experience has instilled a wariness towards borrowing money and owing large debts.

    • His aversion to debt fueled his business successHis past experiences shaped his dislike for debt, leading him to self-finance his business and avoid potential financial losses.

      The speaker's aversion to debt and preference for self-reliance, developed from past experiences, has been a significant factor in his business success. He shares his struggle of seeking investment for years, feeling like a loser, and eventually deciding to do it himself. Now, with substantial wealth, he's able to finance his company's growth without debt. However, he cautions against borrowing money without a solid understanding of the business and the risks involved. He believes that many companies with high valuations lack a proven concept and have relied on venture capital, potentially leading to financial losses.

    • Seek help and learn from others for successSurround yourself with knowledgeable people, remove ego, and actively seek guidance to improve and grow

      Building a strong foundation of a product or business and seeking help from those who have more knowledge and experience are the keys to success. The speaker emphasizes the importance of being open to asking for help and learning from others. He also emphasizes that having a mindset of independence and not seeking guidance can lead to financial struggles. He encourages everyone to surround themselves with people who are smarter and wealthier, and to take advantage of the abundance of information available today. The speaker also emphasizes the importance of removing ego and recognizing that money does matter and can provide opportunities for growth. He encourages everyone to actively seek knowledge and guidance to improve themselves and their businesses.

    • Ego and humility: two sides of the same coinBe open to learning and growing, use ego for confidence and success, and humility to be open to new information and feedback.

      Ego and humility are not mutually exclusive, but rather two sides of the same coin. Ego is necessary for confidence and success, but it's important to understand when to deploy it and when to set it aside to learn and grow. Humility, on the other hand, allows us to be open to new information and feedback, and to ask for help when we need it. The speaker emphasizes that everyone makes mistakes and guesses wrong at times, and that the key to becoming the best version of ourselves is to be willing to learn from those experiences and from others. He encourages us to let go of the fear of vulnerability and to use our ego to build ourselves up as examples for others to follow, rather than as a barrier to growth.

    • Focus on learning from successful people, not getting discouraged by criticismLearn from those who have achieved success and ignore negative comments, continue learning and improving to achieve your goals.

      Self-confidence and belief in oneself are essential for success, but they can also make individuals a target for criticism from those with lower awareness and self-esteem. The speaker emphasizes that it's crucial to focus on learning from those who have achieved great things rather than getting discouraged by negative comments. He also highlights the importance of continuous learning and self-improvement, even after achieving success. The speaker's confidence comes from his actual experiences and accomplishments, which enable him to challenge powerful figures and share his knowledge with a wide audience. However, it's essential to recognize the source of criticism and not let it deter one from pursuing dreams and beliefs.

    • Finding balance between confidence and humilityBelieve in yourself during execution, but remember humility during preparation. Forget past doubts during performance and focus on the task.

      Achieving success requires finding the balance between confidence and humility. During execution, it's essential to be confident and cocky, believing in yourself and your abilities. However, during preparation and humility moments, it's crucial to remember that you don't know it all and are just a small speck in the grand scheme of things. By living on the polar opposites of confidence and humility, you'll be able to create a strong and successful version of yourself. Additionally, during moments of performance or competition, it's necessary to forget your past and focus on the task at hand, believing in yourself even when others may doubt you. This balance is essential for anyone looking to excel in their personal or professional lives.

    • Finding the right balance between confidence and humilityProfessionals should balance confidence and humility to build trust, deliver better results, and maintain a positive reputation. Using the analogy of a surgeon, they should be confident in their abilities but avoid cockiness and neglect of responsibilities.

      Confidence is important in any profession, but it's crucial for professionals to avoid coming off as arrogant or overconfident. This can lead to mistakes and a lack of focus on the task at hand. It's essential to find the right balance between confidence and humility. In the context of the discussion, the speaker used the analogy of a surgeon to illustrate this point. A surgeon should be confident in their abilities, but they shouldn't let their confidence lead them to become cocky or neglect their responsibilities. Similarly, attorneys, coaches, or any other professional should strive to maintain a balance between confidence and humility. By doing so, they can build trust with their clients, deliver better results, and maintain a positive reputation. Ultimately, professionals must remember that their clients are trusting them with important matters, and they must earn that trust through their actions and demeanor.

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    • Contextualise 1st world and 3rd world problems and change your mindset about the challenges you face in life. Your problems are not problems, they are first world challenges. The sooner you realise this the easier you will be able to overcome them.
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    BEST MOMENTS

    "You will have good days and bad days, hard days and easy days."
    "See opportunities in the challenges and upside in the downside"
    "Usually people get down and depressed when there are three main problems in their lives"
    "We make challenges bigger and we sweat the small stuff"
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    “Minimise the time where you react like a child or a chimp and manage your emotions”
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    “Take your business and your work very seriously but not yourself, have fun.”

    [Business, mindset, entrepreneur, disruptors]

    VALUABLE RESOURCES

    https://robmoore.com/

    bit.ly/Robsupporter  

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     rob.team

    ABOUT THE HOST

    Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors”

    “If you don't risk anything, you risk everything”

    CONTACT METHOD

    Rob’s official website: https://robmoore.com/

    Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

    LinkedIn: https://uk.linkedin.com/in/robmoore1979

    disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com