Making a million dollars is hard enough, but I’ve seen some of my friends make that amount in a day. It’s definitely not impossible.
Here are a few lessons I’ve learned from some crazy experiments that can be applied to any kind of business…
1. Las Vegas Nightclub Trick:
When I understood this one trick, I increased my profit by 10 times. I took the same group of people that came into my nightclubs and added value.
2. Power Scaling Principle (P.S.P.):
All I had to do was find one small winner and use this principle to magnify it 100 times. This even worked for me when I was broke.
3. Non-Egalitarian Filtering:
I learned to eliminate a lot of ideas because very few of them actually have any potential at all. It’s all about opportunity costs.
Check out the replay of the free online talk here