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Tuesday, April 5, 2016

What we can learn from the highest paid expert consultant



















Hey,

Here’s an interesting thing I learned when I used to consult for venture capital firms. If all goes according to plan… I friends sol his company for $29B turned around and became a VC and started a new company making switches that connect countries.

Out of a ton of potential deals, let's say for arguments sake a VC firm will invest in ~10 companies. Out of the ~10: * 5 of those will go bankrupt. They know this and expect it.
* 3 of them will “trade sideways,” meaning they’ll basically putter along, if they're lucky they might break-even.
* But 1 of them will be a huge hit. Like Google/Uber-worthy hits. That single deal pays for everything else.

What are the interesting things to take away from this example?

After a while, you can build a model of what you expect and optimize for it. For example, I used to get random speeding tickets, but then, I realized I could predict when I would get them, so I built them into my automation model. It was usually the first couple of weeks in a month, I guess they had a quota to fill or some such otherwise no federal funding for the highway in question. Being the best is way, way better than being #2. Like 1,000x better.

I want to talk about studying the best, because I’ve noticed too many people studying nutjobs and weirdos and thinking it’s okay.

I see people buying courses from some random guy living in his mom’s basement, selling an ebook on how to make a billion dollars, and I want to put my head in my hands. I'm bald now lost all my hair.

I’d rather introduce you to amazing, successful entrepreneurs who can show you new ways to think. There’s major value in learning from the best: They’ve seen tons of scenarios, they’ve surrounded themselves with better people, and they’ve gotten more “at-bat” opportunities than almost anyone else.

To do that, my friend Ramit volunteered and went to one of the most successful consultants in the world. In fact, if you google “helping successful leaders,” you’ll notice something strange. Virtually all of the 3,530+ search results point to one person: Dr. Marshall Goldsmith.

Harvard Business Review and The Wall Street Journal note that Dr. Goldsmith is one of the top 10 leadership and business experts in the world. He’s also the author of "What Got You Here Won’t Get You There" (one of my favorite book titles of all time).

Ramit, recently sat down with him and asked him questions I’d been wanting to ask for years. Like, “What do you really teach the CEO of Wal-Mart when you do a consulting project? How does it even work when you walk in the room?”

Being the best is never an accident. If you’re aiming to be amazing at what you do – whether it’s your business, your job, or even your relationship – one of the best things you can do is elevate who you study from.

(For example, no more reading life coaches who are secretly struggling to pay their bills.)

Dr. Goldsmith is one of the few people who can answer these questions. Recently, Ramit, sat down to talk with him as part of the Brain Trust Program.

Ramit want's to share one of his favorite parts from his chat. In it, he talks about:

* What it really means when you attract and repel people – on purpose (1:16)
* A fatal mistake that smart people make (5:02). I am guilty of this
* Why you should stop starting sentences with “no,” “but,” and “however” — a classic flaw of successful people (7:50). Again, I do this!


Check it out here:

http://links.iwillteachyoutoberich.com/a/258/click/951411/418143752/242e18e6e9e756b07dfd4527cdcc8c50b2aa9e5d/a475d1965c901a362a696a4791cf72727820e8c2

Notice there’s a reason top CEOs hire coaches and trainers.

Of course, they could read the same techniques in some book. But they know a great coach can take the material in a book and help them APPLY it. If even one idea helps them perform better, it’s worth every cent.

My thanks in advance for your time and attention.

Cheers,

-João

P.S. I love showing you these videos. I or one of my friends whomever is nearest and has access gets a chance to sit down with some of the world’s experts in relationships, strategy, fitness, creativity, homeBased businesses and entrepreneurship …and share them with you.

If you’re interested, you can get the entire video through the Brain Trust program, where Ramit for example interview these people – and connect you to thousands of other IWT members around the world (in Denver, San Francisco, London, Sydney, and all over the world). In Brain Trust, you’ll get access to expert interviews like this every month, invites to private meetups, and other material that we never share publicly. Learn more about the Brain Trust program and get access to this interview.

http://join.ramitsbraintrust.com/?_PaymentType=Sub&_PromotionType=Email&_PromotionBaseProduct=RBT-Monthly&_PromotionStartYear=2016&_PromotionStartMonth=04&_PromotionIdentifier=RBT-Monthly-Email-201604&_PromotionDescriptor=&_TestVariation=&_Property=IWT&utm_campaign=RBT-Promo-04-2016&utm_medium=email&utm_source=main&utm_content=tue&ud=6547823-13-256-32734-5-201698373-11243&md=782342-82674-12954-5-2016764-9284-11256&email=~Contact.Email~

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