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I was consulting with a client, Michael, recently and he made this comment… “Perry, I’ve been applying 80/20 to my life and business for the last year or so, and now I have a very odd problem. I don’t know what to do in my free time. Tell me what I should be doing because I feel like I’m just … Read More
I believe that many people say they want to work 10-20 hours a week but really, subconsciously, they want to keep working 60-80 hours per week.
They want to stay on the hamster wheel because they’ve never experienced the growth, creativity, and insight that comes from hopping off the wheel. They can’t imagine that working less leads to more success.
You learn more by watching what someone does than by listening to what they say. I’ve watched Richard go through his daily routine a few times now and I’m amazed at his discipline…his discipline to NOT work.
Richard believes many businesses owners have huge potential, tremendous opportunities, that are not obvious to them.
Many business are Stars waiting to happen. But often it takes a new way of seeing, a new way of evaluating, to open their eyes to the possibilities.
Richard explains why he does not deliver “PhD theses” on business and investing…why he will not provide complex theories and analytical tools at the upcoming Star Principle Seminar…why the insights you receive there will NOT make your life more complicated.
Richard can’t imagine why anyone would want to work for a company that’s not growing fast. Or why any entrepreneur would want to run one. Or why any investor would want to invest one.
But what do you do if your business is not a STAR?
Richard tells Perry how he employed his Star Principle formula to identify a “supernova” future for a small company no other venture capitalist would touch.
Sometimes, entrepreneurs who build fast-growth companies from the ground up are hailed as geniuses. Often, they’re just in the right place at the right time…and savvy enough to jump on the right bullet train and ride it to riches.
Richard has invested in 16 companies. Eight of those never fulfilled their “star” promise.
But eight did.