Long-Term Investment in Self, Team, and Business Yields Sustained Success

Key Quotes

"I would almost say the two logs are on the outside and the breads in the middle right so it's it's a weird day of thinking about but um he was just saying that 90 of the time he's in a bad mood and people keep bringing you shit all the time they keep dumping shit on you and literally what you're doing is like you're the umbrella and you're just your umbrella is just like a shit deflector okay so he's just like dude the whole time at hubspot i was i was paranoid i've always felt like an imposter and i'm like yeah running a company is a shit sandwich every day because everything eventually flows back up to you"

Eric describes the intense pressure and constant influx of problems faced by a CEO, likening it to a "shit sandwich" where the CEO acts as a "shit deflector." This highlights the overwhelming nature of leadership and the feeling of being an imposter that can accompany such responsibilities.

"The price of doing great work is actually more work and if you think about it you know people can hate on the most successful people in the world or whatever but why are they all working right now it's because you know jensen doesn't need to work right now has the most valuable company in the world um tim cook doesn't need to work you know what is it satya nadella doesn't need to work sundar doesn't need to work but the price of doing great work is more work"

This quote emphasizes that achieving significant success requires continuous effort and dedication, even for those who have already reached high levels of accomplishment. The presenter argues that the "price of doing great work" is simply more work, suggesting that sustained effort is the key to maintaining and growing success.

"California has one of the best education systems my kids go to a school that is probably if not the number one top three schools for elementary going all the way up to high school for education for children it was extremely hard to get into they don't care if you have money or what not but like you get a lot of that kind of stuff in california even boston you know massachusetts has a tax for rich people darmesh brian halligan all those people have to end up paying it where are you going to find a ton of people you can't just pick up and leave and take all your employees with you"

The speaker highlights the value of California's education system as a reason for talent concentration, even for wealthy individuals. The presenter argues that the quality of education and the established talent pool in places like California are significant factors that make it difficult for companies and individuals to simply relocate without substantial disruption.

"So the best investment you can make is in yourself that's number one number two from a business standpoint the best investment you can make is in people and to neil's point um neil's actually talking about two spouses right your co founder is technically your spouse because you're talking to them all the time you're complaining all the time to them right and they know what your problems are"

The presenter identifies investing in oneself and investing in one's team as the two most crucial investments. The speaker elaborates on the team investment by drawing a parallel between a co-founder and a spouse, emphasizing the deep collaboration and shared challenges involved in a business partnership.

"I think year 10 when you look at neil what he's built in 10 years for mp digital it's going to be it's going to be very very it's already impressive right but it's going to be even more impressive more impressive than he would have ever dreamed of since since he first started the thing and i will tell you you give me you look at the next five years or so i like my hypothesis is if you can give 10 years of laser focus to one business you're going to build something amazing that's my bet"

This quote posits that dedicating ten years of "laser focus" to a single business will result in extraordinary achievements. The speaker expresses confidence that such sustained commitment will lead to outcomes far exceeding initial expectations, framing it as a significant bet on the power of long-term dedication.

"if you're listening to this podcast right now people believe that if you have a tiny budget it's impossible for you to get the traction because you can't run ads you can't get the foxs the nbcs the cnns the bbcs etcetera whatever the maybe new york times covering you but look at this guy who's able to post something on social media i don't know if he had followers or whatnot i never heard of him before this and now everyone is talking about him because he shared some content"

The presenter challenges the notion that a small budget prevents businesses from gaining traction, using the example of a content creator who achieved widespread attention through social media. The speaker argues that compelling content shared on social platforms can generate significant reach and discussion, even without traditional advertising or mainstream media coverage.