Show Notes:

Focus is a skill that has to be taught. “Who teaches you to focus? If focus is a skill, which I believe it is, then if you never learn how to do it, then you’re not going to be very good at it.”

Confidence comes from competence, not comfort. “It’s less important what it is, and just the confidence you have in your ability to learn and develop new skills.”

The gap between you and success is just practice time. “When you see somebody who’s at a place that you’re not, and you look at them, it’s not that they have any special powers or special abilities. They just have different habits. And they have probably been practicing at it longer than you have.”

Ownership means risk, not just reward. “True ownership is actual risk. If somebody wants to buy in, that means they put their own money in for a percentage equity stake. And the only way that they make money is if the business grows and is more profitable.”

Everyone wants to be an owner until it’s time to do owner things. “Everybody wants to be an owner until it’s time to do a thing like what owners do. It’s like every time there must be a beast until it’s time to hunt.”

Fair doesn’t mean equal; it means aligned to value. “What fair means is that if someone does x, y, z, whatever, then they get reward ABC, no matter who that is.”

Delaying a termination only makes it harder. “It will never be easier than it is today to make the decision you need to make.”