James Schramko here and I want to give you a technique to use every time you see a huge opportunity.
If you see a big positive, a massive win, this crazy unreal opportunity that you have to pounce on, I encourage you to look for the big negative. There will be a big negative. There has to be an offset for the big opportunity. It will usually be in the form of time, money or some other kind of compromise. So yes, you could go on and partner with some business, however, they will be your partner so you have to split the profits. Yes, you could get some investment capital, you could get an extra hundred thousand dollars injected into business but guess what? They kind of want the money back with interest. They’re going to want you to be either wildly successful or go broke quickly because that’s what an investor wants.
So there is always a catch. Check what that catch is so whenever you, the opportunistic entrepreneur, sees an opportunity in something, just think what does that actually mean? What is the cost of that positive? What is the Yang that balances out the Yin? What is the black that contrasts the white here? Because it has to be. Just like breathing out and breathing in, there is an offset. There is another side to it. Investigate it, be diligent and then if you’re happy with that price to pay, by all means, go ahead with that fantastic opportunity.
I’m James Schramko and I help business owners make critical decisions in their business. I especially do that through my private and personal coaching at SuperFastBusiness.com and SilverCircle.com, depending on what level your business is at. I would be a good person to help you really make this year a better year than every other year that’s come before it, because two of us working on your business is going to be more effective than one.
There is a catch, of course. You have to pay. There is an investment required. However, you pay the fee, your return on investment should be significant if you meet my minimum criteria. Check out the quiz at SuperFastBusiness.com to find out if I’m the right person to help you.
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