Audio Link from where I heard it: Here

Summary: John Paul DeJoria reveals how he made his billions by following one overarching belief – Treat others as you would like to be treated. He demonstrated how success stems from kindness and being of service to others, irrespective of circumstance.

Purpose: The Idea of this post is to share my notes of this interview with you, so you can extract the same insights I did.

 The way I heard it:

• We can all do 10x – 15x more than what we doing right now.

• An entrepreneur is someone who just starts something.

• Be in the Re-Order (Recurring) business, not in Sales (Once-off).

• As someone starting out, be prepared for rejection – so it doesn’t shock you.
• Be honourable, so even if they don’t buy from you, they will know you are genuine.

• Do onto others, as you would have others do onto you.

• Success is about your ability to be of service to others.

• Your highest high will come from helping others while expecting nothing in return.

• Make sure you spending your time, on things that you want to do.

• Don’t get upset when you lose something, just come back and do something different.

• Surround yourself with others that have the same energy for your goals.

• Perform your work as though your boss is watching you.

• The thing that separates me from others is my ability to Listen Tentatively

• Everyone has a purpose, even if that is to demonstrate what not to do.

• Pay attention to the vital few, and ignore the trivial many.

• If you can’t manage yourself and your time, you are not a manager.

• Pay yourself first.

• Be present, it will help clear your mind.

• Best Lesson taught: Is to give people the opportunity to do more. When people feel respected and valued, they do more because they want to and enjoy it.

• Useful Business Advice: Success unshared is failure, you don’t need money to share.

• Advice to Startups: Have 6 months living expense saved.
• Don’t invest it all, keep a portion as a liquid Nest Egg.

• Be an empathetic leader.

• Listen and do things for the empowerment of the team or client.

• Don’t let others put you down, what do they know?

Parting Message: In the end, everything will be ok, if it’s not – it is not the end.

What do think?

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