In this episode of The New 1% Podcast, Timmy Douglas discusses why prioritizing people over profit is the key to long-term success. Timmy presents three compelling reasons that underscore the value of investing in people.
Reel: Timmy introduces the episode by emphasizing the importance of choosing to invest in people over profits.
Segment 1 - People as the Golden Goose: Timmy explains that people are the "Golden Goose" of any endeavor because scaling alone is impossible. Success relies on building relationships and collaboration.
Segment 2 - Trust and Goodwill vs. Dollars: Timmy explores how trust and goodwill are more valuable than dollars since money ultimately comes from people's pockets. Positive relationships and reputation lead to lasting success.
Podcast - Segment 3 - Profit as a Means to an End: Timmy discusses profit as a means to an end, which always involves people. By investing in people, businesses naturally attract profit.
Podcast - Segment 4 - How to Invest in People: Timmy provides practical insights into investing in people effectively, including breaking limiting beliefs, skill development, character nurturing, and casting a vision that includes others.
By the end of the episode, Timmy encourages listeners to prioritize people, recognizing that by doing so, not only do profits follow, but they become a natural result of meaningful relationships and positive contributions.
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This is for the people looking to buy a business at some point, but not in the next 12 months.
The impact here is in spreading the word until you can commit to doing the work
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access to a list of Private money partners for buying businesses that I’m building
a due diligence checklist
a community of people committed to buying businesses
essential contacts in major cities for due diligence.
