How to Build My Business Into a Machine vs. a Job - Crypto Part 1
Today's episode of the podcast, Robert Hirsch from Freedom Factory, talks about "Building A Business Into A Machine Vs. A Job. (Part 1)"
Listen to the podcast, watch the video, or read the transcript below.
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Transcript of Podcast
Hi, Robert from Freedom Factory. And a lot of these questions that we're getting are coming from our previous videos where I talked about owning the machine as opposed to owning a job. And if you didn't know what you had, the litmus test was don't show up for a month. If your business makes more money or stays the same, you own a business or a machine. If it goes down, you own a job. So how do you own a machine? And so I wanted to do a little two-part series and talk about how I own a machine or how we own a machine here at Freedom Factory and how do we think entrepreneurially. So there's going to be a great opportunity for you to participate in this and I'm going to need your help.
So if you don't have a pen or pencil, I'd go grab one now. Awesome. Now that you have that, I want you to think as an entrepreneur. So, and this is not investment advice and it was just something that I chose to do for myself. So I'm not advising you to do any of that, but I knew crypto got big. I knew I wanted to have exposure to cryptocurrency.
I didn't know a Bitcoin from a blockchain. I wasn't sure what anything was, but I knew I wanted to get exposure to it. So what a lot of people would do is they would just go out and they would buy the Bitcoin and it would go up or would go down. And the two days that matter, the days you buy it in the days you sell it, well that's one way to do it, but that's not owning a machine, right? That's, it's like gambling or owning a stock. It just doesn't make sense.
So what would be the entrepreneurial way to get exposure to crypto? And that's what I want to talk about today. So I want you to think about it and how would you own a machine around crypto and what does that look like? So do I run out and buy Bitcoin? I'll give you a hint. That's not what I did. Or do I think about it as an entrepreneur and do I build machine that gives me exposure to the crypto market? So that's what I wanted to go do. So think about that. Tune in to part two, and I'll show you exactly what I did to get exposure to the crypto market, how I built the machine and how I thought like an entrepreneur.
Thank you so much for watching. Please like and subscribe.
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