Resilience is not a learned trait for entrepreneurs but a fundamental prerequisite for survival. If you are still in business, you have already demonstrated it. The nature of entrepreneurship, where the 'buck stops with you,' naturally selects for those who are resilient and adaptable.
Supporting a perennially losing sports team builds resilience and a love for the struggle, core traits of an entrepreneur. Deriving self-esteem from a winning team is a crutch, whereas embracing the pain, grind, and hardship of losing builds the character necessary to succeed in business.
We are in an unprecedented and temporary period where the world's attention is concentrated on platforms that allow free access to it. This is a historical anomaly akin to free television ads. Businesses that fail to capitalize on this massive, free opportunity for growth will profoundly regret it once the window closes.
A leader's desire to be liked can lead to a lack of candor, which is ultimately cruel. Avoiding difficult feedback allows underperformance to fester and makes an eventual firing a shocking surprise. This damages trust more than direct, consistent, and tough conversations would have.
To survive the threat of AI commoditizing services, businesses must build a strong brand. The goal is for customers to ask for your company by name (e.g., "Alexa, send me a Pizza Hut") rather than a generic request ("send me a pizza"), making you a destination, not an option.
Set your price not by what you feel you're worth, but by what the market will bear. Continuously increase your price until you receive consistent rejections. That point of friction is your current market value. Treat the "no" as essential data, not a personal offense, to find your price ceiling.
The pursuit of perfection paralyzes content creation. The polished, multi-take style of traditional media is obsolete on social platforms. Authenticity drives engagement. Don't re-shoot for a minor mistake; correct it in the video and post it. The more human and raw you are, the better your content will perform.
Building a significant public presence doesn't require sacrificing personal privacy. Gary Vee demonstrates it's possible to produce a high volume of content focused exclusively on business and professional insights, while keeping family and personal matters completely separate and out of the public eye.
Reframe negative comments as a reflection of the commenter's own unhappiness, not a valid critique of your work. People who take time to spread negativity are in a sad place. Letting their misery stop you from building your business is a choice rooted in your own insecurity, not a rational response to feedback.
Effective B2B content marketing involves giving away valuable secrets, not just pitching services. Instead of saying "hire me," create content that teaches potential clients how to fix common problems themselves. This demonstrates true expertise, builds trust, and makes them more likely to hire you for complex issues.
Unlike Google's ad-based model, future AI platforms like ChatGPT may vertically integrate and fulfill user requests directly. Instead of sending traffic to a real estate agent, the AI might become the real estate agent, capturing the entire value chain and eliminating the need for third-party businesses.