TLDR;
This video discusses the importance of having the right mindset and adapting traditional business strategies to succeed in the Gold Quest business. It emphasizes that attitude and outlook significantly impact organizational growth. The speaker highlights the need to shift from traditional mindsets, such as relying heavily on connections, to leveraging one's circle of influence.
- Attitude determines altitude in any endeavor.
- Traditional business strategies are not always applicable in this business.
- Focus on circle of influence rather than the number of connections.
Paradigm Shifts and Building an Organization [0:45]
The speaker introduces the module on paradigm shifts and building an organization, emphasizing the importance of having the right frame of mind and attitude. He notes that attitude determines altitude, a concept applicable not just in this business but in any endeavor. He stresses that success in this business requires understanding and accepting that traditional strategies are not always applicable, even though many participants come from diverse fields of expertise.
Adapting Strategies [2:10]
The speaker uses the analogy of sports to illustrate the need for different strategies in different fields, highlighting that basketball strategies won't work for swimming, and vice versa. Similarly, in this business, one needs to change some traditional mindsets. While traditional mindsets aren't inherently bad, they're not always applicable here.
Rethinking Connections [2:58]
The speaker challenges the traditional belief that more connections equate to better success, particularly in the corporate world. He contrasts a scenario where someone with many connections is more likely to succeed in starting a restaurant compared to someone with none. He emphasizes that shifting mindsets is a continuous, daily exercise, as deeply ingrained beliefs are hard to change.
The Buddy Boy System and Sales [4:34]
The speaker explains that parents often strive to send their children to the best schools not just for education but to establish valuable connections, acknowledging the "buddy boy system" prevalent in the world. Similarly, in sales, the more sales you make, the more money you earn, and recruiters often value a salesperson's network of contacts. However, people often fail when they bring this mindset into this business.
Speaking the Truth [5:50]
The speaker asks for permission to speak frankly, acknowledging that many people still believe that bringing in individuals with vast networks is the key to success in Gold Quest. He admits to having fallen prey to this mindset himself, emphasizing that it's a common thought due to upbringing. He argues that if this business were only for well-connected individuals, it wouldn't be accessible to everyone, contradicting the business's core appeal.
Circle of Influence [7:37]
The speaker introduces the concept of "circle of influence," referring to a group of people who trust what you say. He shares his personal experience of joining the business and bringing in two people—Ferdy Talentino and his cousin—who joined based on their trust in him rather than a detailed understanding of the business. This highlights the power of influence over mere connections.
Personal Success Story [9:57]
The speaker concludes by sharing that he made $15,000 in his first four weeks in the business, illustrating the potential success that can be achieved by leveraging one's circle of influence.