Pbd's 5 moves for the week
January 28, 2024
1. Reflect

Over 8 out of 10 small businesses have no employees. Out of the 33.2 million small businesses, 27.1 million are run by a single owner and have no employees.

Your Move

If you don't have any employees, and your goal is to be a solopreneur, that's fine. But if you want to build a business, you better learn how to recruit, lead, and build a team.

2. Stat of the week

Great policies have positive consequences. The murder rate in El Salvador dropped 70% after arresting 1% of the population. Many Governors in America should take a page out of the playbook of Nayib Bukele.

Your Move

Make a "small" move that generates exponential results. Keep looking for leverage plays that have outsized results.

3. Strategize

Are you starting a business because you want control of your time? Are you choosing an entrepreneurial path so you can have more freedom? Are you being delusional? 😀

Your Move

If you want autonomy, impact, wealth, moral authority, and freedom, you have to put in at least a decade of working your tail off. Being an entrepreneur means having far less freedom than someone on a corporate ladder--for far longer than you think. Share on Twitter.

4. Read

The stat of the week reminds me of one of my favorite business books: The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

Your Move

If you're afraid of giving up control, you're not a leader. If you want to build a real business, stop hiding and start confronting your fears so you can start leading.

5. Perspective

Change happens in three ways: Intentional. Accidental. By Force. Let's take weight-loss. Intentional means you have a disciplined plan to get in shape. Accidental is you happen to fall into a community with people who love to work out and take you under their wing. By Force is when you get sick and have a heart-attack.

Your Move

The mediocre majority (95% of people) only change By Force. They need to get kicked in the ass or suffer a major setback (divorce, bankruptcy, health scare) to change their habits. Winners, the audacious few, get intentional about their goals and take action long before they have adversity.

Future Looks Bright!
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5 MOVES FOR THE WEEK