Success Requires Strategic No's
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Ben Wilson shares his experience about the challenge of maintaining focus when experiencing success, particularly how saying "no" becomes harder as more opportunities present themselves.
Key Points:
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Focus During Different Business Phases:
- Easier to focus when things aren't going well because "the world is saying no to you"
- Much harder to maintain focus during success because "the world is saying yes to you"
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Personal Experience with Success Distractions:
- When joining My First Million podcast, suddenly became "the new hot thing"
- Got approached for multiple opportunities:
- YouTube content creation
- TikTok presence
- Various other projects and collaborations
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Impact of Saying Yes Too Much:
- Ended up with multiple half-finished projects
- Attention became too dispersed
- Projects didn't reach completion due to lack of focus
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Current Strategy:
- Narrowed focus to single goal: "get the podcast to be one of the best podcasts in the world"
- Committed to this singular focus for the next year
- Will reassess opportunities after achieving this goal
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Learning:
- Success can be more challenging for focus than failure
- Importance of maintaining strategic direction despite attractive opportunities
- Better to excel at one thing than be mediocre at many
This point of view emphasizes the counterintuitive challenge of maintaining focus during success, and how saying "no" becomes a crucial skill for achieving significant goals.
01:13:07 - 01:14:09
Full video: 01:18:17BW
Ben Wilson
Ex-Producer of MFM
Ex-Producer of the "My First Million" podcast and founder of Takeover Media and Host of the "How to Take Over the World" Podcast.