#05 - Joshua Elizetxe - "Make it a win win win situation" - a podcast by Smarter Destiny Podcast

 SHOW NOTES for Joshua Elizetxe - Make it a win win win situation

• 02:00 - Who are you Josh? JE - First steps as a teenager trying to become an entrepreneur. 


• 4:15 - The anecdote about being invited to a party at the Playboy Mansion while he was underage.


• 05:30 - When you get into a brand, you are looking 30 years down the line. 


• 06:37 - “The irony about capitalism is that you have to give the opportunity for your team to have a purpose and make good money”


• 07:45 - “It takes the same amount of time to make a million dollar deal than to make a one hundred millions dollar deal, and time is the only thing you can’t buy”


• 12:15 - How do you recruit a world class team? JE The anecdote about Kobe Bryant and how he changed and improved his life. “A players want to work with A players and they want to be led by someone that’s going to lead them to the top”


• 17:00 - Strategies. “When people receive our product for free they feel like they owe us a lot, and when they see that celebrities are using it and they’re getting it for free they say ‘I’m going to post this all over’”


• 23:00 - Three tips to win the best influencers. 1.- “You have to make it a win win win” 2.- “I never look to make money with the celebrities” 3.- “Licensing fee, equity, money up front”


• 28:08 - “Out there is who you know, but also money talks”


• 30:00 - “How are you going to stand out? It’s all about marketing and sells”


• 32:15 - “Ego is the killer if you are a leader” “People don’t want to work with cheap people”


• 36:30 - “If I have to live on the street to pay a salary to someone I want on my team, I’ll live on the street”


• 39:01 - “You should never have money in your bank account if you are building something of true value”


• 42:00 - 5 questions. 1- How do you get into a state of flow? JE - Gratitude and humility. Write down what i want to tackle and delegate. Airplane mode. “If we don’t focus we’ll fuck us”


• 45:15 - 2 Llifechanging books. 


• E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber


• The Science of Success: How Market-Based Management Built the World's Largest Private Company by Charles Koch


• Principles: Life and Work by Ray Dalio


• Multipliers: How the Best Leaders Make Everyone Smarter by Liz Wiseman


• How to Win Friends and Influence People by  Dale Carnegie


• Good to Great: Why Some Companies Make the Leap...And Others Don't by James C. Collins


• 50:07 - Best advice given to you. JE “Think bigger, think longer term, put your money where your mouth is and build something that truly has value”


• 55:30 - Would you rather fight one horse size duck or one hundred duck size horses? - JE “The big one. I’m always chasing the bigger hunt. Don’t wish it was easier, wish you were better at it.”


• 1:01:48 “Tactics make people rich, strategy makes people wealthy”

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