21 min listen
[Re-release]: The Power of Enough
[Re-release]: The Power of Enough
ratings:
Length:
18 minutes
Released:
Jun 15, 2015
Format:
Podcast episode
Description
How much is enough? And where do you stop? It's easy to get all wrapped up in this whole concept of passive income and how smart it seems. Yet, you can work yourself crazy if you're not careful. You can work too much, do too much?but even vacation too much. Understanding the power of enough allows you to have a great business plan and a great vacation plan. Whether you're in online marketing or just have a small business, your strategy should be about "enough". ========== Some goodies To find more podcast options, go to http://www.psychotactics.com/podcast To get a short, yet beautiful headline report on "Why Headlines Fail", go to http://www.psychotactics.com ======== Transcript: Power of Enough Sean D'Souza: There's a comic strip called Calvin and Hobbes. Obviously, many of you have read it. In one panel, Calvin is ramping up for Christmas and so is Hobbes. Calvin asks Hobbes, he says, "What did you get on your list for Santa for Christmas?" Hobbes says, "I asked him for a tuna sandwich," and Calvin goes ballistic. He's like, "How could you do that?! I asked him for a rocket launcher, a train," and he brings up a list that's a mile long. Of course, the scene shifts to the day that's Christmas Day and Calvin is stomping around the house shouting, "I'm going to sue Santa!" Obviously, because he's got nothing and there's Hobbes, ever the philosopher and saying, "Well, I got my tuna sandwich." At this point, I turn to people and ask them, "Do you know what your tuna sandwich is?" Before I get you all hungry for sandwiches, let's talk about the first episode. I don't know if you've listened to the first episode, but it was outsourcing versus magic. You need to go to number one and start listening from number one, not because they're in sequence, but just because the first episode is so important. It's just the philosophy and this is another philosophy piece. It's about the power of enough. What is the power of enough? What is our tuna sandwich? One of the things that probably drives us crazy is this keeping up with the Joneses. A good example would be just the three month vacation, so let's say you take three months off this year. Then what do you do next year? Do you take four months off? What about the year after next? Six months off? I could go on, but how long would I go on? Six, eight, ten, twelve? What is the limit? When we run our businesses, one of the quests is just customers. We want more and more and more customers and the reason for more and more customers is not because we love more and more customers, but because it represents money and it represents more money and more money and more money. For me, money is like fuel. It's like putting fuel in a car. It's finite. You have a fuel tank and you fill it up and then as it empties itself out, you make sure that you never run out of the fuel, but you don't go out there and you store up more and more and more and more because there is a price to pay and that price is that the whole thing might just blow up in your face one day. So we had to work out our own tuna sandwich. At Psychotactics, we had to define what was our enough. For instance, we have a membership site at 5000bc.com and when you go to 5000bc, you'll find that our membership hasn't dramatically increased from the year 2003, 2004. Considering the year that we are in right now, you'd say, "What's happened?", but the point is that we don't have to double or treble the number of members that we have currently. Sure, some members leave and you have to replace those members with other members, but there isn't enough. There is actually a benchmark at 5000bc of how many members we're willing to accept. The reason is very simple. It's like having kids around the place. I mean, you have x number of kids and you can handle them, you can look after them, but if you have an enormous number, you can't really give them your attention. The same thing applies to our courses. We do an article writing co
Released:
Jun 15, 2015
Format:
Podcast episode
Titles in the series (100)
Why We Sell Less: The Root of Confidence: The hardest thing in business?or life is the factor of confidence. Whether you're in online marketing, selling products or services, or run a physical store, the confidence goes up and down. And yet, confidence is what creates sales. Sales, after all,... by The Three Month Vacation Podcast