🎙️Ep 56. The Ticking Clock of Entrepreneurial Dreams - Why Delaying Your Journey Costs More Than Just Time

In this episode of Fearless Thinking, Michael Devous explores the urgency of pursuing your entrepreneurial dreams and the high cost of procrastination. He emphasizes that time is not just money; it's opportunity. While you hesitate, the market shifts, competitors gain ground, and windows of opportunity may close. Michael encourages listeners to take action, even if it's messy or imperfect, and build momentum through consistent effort. He also highlights the importance of investing in yourself through learning, networking, and personal development. Finally, he introduces The Ascend Hub as a valuable resource for entrepreneurs seeking support, guidance, and community to turn their dreams into reality.

Key Highlights:

• The Cost of Procrastination: Delaying your entrepreneurial journey can lead to missed opportunities, lost momentum, and increased self-doubt.
• The Power of Action: Taking the first step, even if imperfect, signals your commitment to your dreams and opens doors to new possibilities.
• Building Momentum: Small, consistent actions create a snowball effect, leading to significant results over time.
• Investing in Yourself: Prioritize self-care, personal development, and surround yourself with supportive people to fuel your entrepreneurial journey.
• The Ascend Hub: This online community offers tools, resources, and a supportive network to help entrepreneurs navigate their journey and achieve their goals.

Impactful Quotes:

• "Every break I take is a dream getting further away from me." - Taylor Baylor (Shark Theory podcast)
• "Someday never actually comes."
• "When you procrastinate, you're telling yourself your dreams aren't worth it."
• "The time to act is now, it's not tomorrow. Next week, it's not someday."
• "Luck is being prepared and ready for when that window opens."

Key Takeaways:

• Time is a precious resource for entrepreneurs, and procrastination can be costly.
• Taking action, even imperfect action, is crucial for building momentum and seizing opportunities.
• Investing in yourself and building a supportive community can help you achieve your goals.
• The Ascend Hub offers valuable resources and a supportive network to help entrepreneurs turn their dreams into reality.
• Don't let fear or self-doubt hold you back; embrace the urgency of your dreams and take action today.

Important Links:

• The Ascend Hub: https://theascendhub.com 
• Shark Theory Podcast with Taylor Baylor: https://baylorbarbee.com/shark-theory-podcast/ 

Transcript

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Hey there everybody. 

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And welcome to Fearless Thinking, a 

podcast designed to help you navigate

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authentic leadership and the 

entrepreneurial journey. 

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I'm your host, Michael Devous

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And these are my thoughts, lessons and 

insights from my entrepreneurial 

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journey into coaching workshops, 

motivational speaking. 

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And of course, what I picked up from 

interviews with inspiring leaders and 

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entrepreneurs along the way.

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My mission is to help people unlock 

their untapped potential by using fear

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as a catalyst for powerful change and 

growth,

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so they can step into the greatest 

version of their most authentic selves.

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All right, let's get in to some fearless 

thinking.

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Hey fearless thinkers.

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Welcome back to the Fearless Thinking 

podcast.

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I'm your host, Michael Devous

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We touched on the last episode, which I 

was delayed on getting to you guys, and 

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then realized I had done it twice. 

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Episode 55. 

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There's a two for, if you haven't 

listened to it yet, two different 

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versions of the same episode that I 

talk about,

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but for two different times with two 

different perspectives.

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And I think it might be interesting, 

you might think it silly,

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whatever, enjoy yourself and listen to 

it. 

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But we were talking about dreams, or 

entrepreneurial dreams,

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Today we're talking about

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the ticking clock of our 

entrepreneurial dreams, and why every day

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that we delay comes with a hefty price 

tag. 

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And then the last episode, we had that 

quote from Baylor Barbee of Shark

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Theory, that every break I take is a 

dream getting further and further away

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from meat. 

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So imagine that your dream is like this 

hot ticket item that you've got on lay 

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away.

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And every single day you delay pain off 

that item, one day closer to someone 

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else, snatching it up, taking it away 

from you

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in the entrepreneurial world time isn't 

just money

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it's opportunity,

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right? 

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And while you're hesitating,

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the market shifts,

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trends evolve, and competitors gain 

ground.

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You may not see of them as competitors 

yet, but they're out there.

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They're out there building their 

dreams. 

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They're out there building their 

products and their services that might 

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just be similar to yours. 

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And they are not sleeping, they are not 

hitting that snooze button on their dreams.

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They are not procrastinating,

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they're not taking a break, and they're 

not delaying, paying off their lay away 

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every single time. 

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And that's the investment you make 

every single time you do action and 

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take action on your dream. 

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You are paying down that knowledge and 

experience debt, so that you can get 

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closer to making your dream come true.

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Right?

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Think of it like this.

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Your brilliant idea as a seed. 

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Easy to remember, we plant that seed, 

we need to take care of it. 

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But the delaying action is like leaving 

it. 

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Leaving your seed, your idea dormant in 

a drawer.

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The longer it sits there. 

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The less likely it is that we'll even 

sprout or flourish

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every time you delay, you're taking it, 

you're putting the pause button on your 

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dream happening. 

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And the universe sees this. 

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The universe recognizes this. 

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The universe starts pulling levers and 

doing things to create opportunities 

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for you. 

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And it seems you're like, well, I'm 

take it. 

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I'm going to delay that dream leaner 

gets ok. 

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We'll just pull these things off the 

table, then we'll remove these 

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opportunities. 

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Well, just, you know what, we direct 

them over here to your competitors, 

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because they're busy and they're active 

and there they're interested, and 

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they'd like to have this opportunity.

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Can you imagine if you knew that for 

sure? 

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If you knew that on the other side of 

the universe, the universal wall of 

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energy and time and space, that when 

you've announced you want to do, have, 

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or become something incredible with 

your dream and bring it to life in this 

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world as an entrepreneur, that the 

universe

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was already putting together all the 

things you needed to make that happen 

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for you, pulling the levers and 

aligning all of the opportunities, and 

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synchronizing everything together for 

you to be successful.

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And you went,

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pause,

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I'm going to do something else

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today. 

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I'm not going to chase that during 

right now.

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I'm going to slack off and I'm going to 

get distracted. 

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I'm going to procrastinate.

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Ok? 

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Universe says, we'll just move these 

let's, realign these three opportunities,

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those chance meetings that were going 

to happen, we're going to move all that 

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out of the way. 

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We're going to put it over here, 

because Tom, Julie and mark are 

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definitely interested in making this 

happen. 

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So we'll line them up so that they can 

have these.

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And you won't.

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Can you imagine if you knew that's what 

was taking place? 

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What would you do?

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What would your morning look like?

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Would you hit that snooze button, or 

would you get up?

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You know,

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take action?

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So

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We, at the Ascend Hub, are about 

seizing the moment.

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We want to be about helping you seize 

the moment. 

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We understand the fear and the 

overwhelm. 

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But we also know that the most 

successful entrepreneurs

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are usually the ones that actually take 

action. 

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Even when it's messy or it's imperfect, 

they still push forward with it.

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Now, why is that

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right?

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There's something to be said for taking 

action. 

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Even when it's messy and unclean,

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you still gain experience, you still 

gain knowledge, you still move forward.

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And if you're the kind of person who 

won't move forward, won't take that 

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step unless it's perfect,

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unless everything's lined up 

beautifully.

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I think you're missing a lot of 

opportunity that comes with action.

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It's like they said, you can't steer a 

car standing still. 

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But it's so much easier to turn that 

ship when you're already in motion. 

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So you've got to get in motion, build 

that momentum and then keep taking 

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actionable steps,

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learn from them, whether they're 

perfect or messy. 

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Just keep doing it, and you will, 

eventually, the universe will reveal to 

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you the things you need to get to that 

perfect step. 

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To get to that opportunity,

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you can still grow, and you can still 

make that magic happen.

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So three types of things you can do 

that will help you harness the power of 

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the now that we suggest. 

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One is the, just start. 

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Mantra

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don't overthink it it's not that big of 

a deal, but you want to launch that website,

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make that sale or a, pitch, your idea.

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The

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first step is always the hardest, but 

it's the most important one that you 

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have to take. 

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And it sets everything else

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in motion. 

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So just start whatever it is you're 

thinking about, whatever it is you 

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think you want to do, whatever it is, 

your planning,

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strategizing, writing down, whatever.

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Take an actionable step.

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It announces to the universe to open 

the floodgates of opportunity for you,

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so that you can begin to take things 

happening.

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Two, momentum, builds, momentum.

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We reflected on these in the last 

episode.

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These

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three steps, take action, build 

momentum and invest in yourself

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momentum.

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Small, consistent wins create a 

snowball effect. 

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Now, why is that? 

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I think it's the universe working for 

us. 

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I think it's the universe going, hey, 

you know, you took the steps that you 

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said you were going to take. 

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You didn't procrastinate. 

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Now you're going to stumble into 

something really good.

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We lined these things up for you and 

it's interesting.

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I think it does take a specific amount 

of time.

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Not like saying specifically sixty 

days, ninety days. 

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But there is this window,

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60 to 90 days, where if you are 

consistently taking action towards your

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dream, towards your

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business model, building, whatever,

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somewhere, along that window that's

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sixty to ninety mark,

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things start lining up.

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The meetings that you start having 

become more valuable. 

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The connections you start

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to have become more valuable. 

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The action steps that you take

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reward you with Greater and Greater 

opportunities

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and successes.

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There is something to be said for this. 

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And I think the universe worked on our 

behalf, and that regards so don't underestimate

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the power of daily progress and 

actionable steps, no matter how tiny 

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they seem.

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The last is investing yourself. 

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We've said this before, many, many 

times in the last episode. 

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We mentioned this as well. 

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Carving out time for yourself and for 

learning. 

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Networking and personal development is 

just as valuable.

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Yes, it's on the business and it's in 

the business,

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but it is your personal and 

professional growth.

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So if it's difficult for you and you're 

like, oh, I'm not taking time up for 

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myself because it's still business 

related,

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because it's your passionate, and it is 

your dream. 

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It is still working on you.

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So maybe you make it more of a 

professional development time.

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That networking,

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that, reading, that, learning,

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whatever it is you want to call it, if 

it helps to

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re-assign a name or a title to it,

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so that you can accept it as investing 

in myself-time, then go ahead and do

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that. 

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And remember, the more that you invest 

in yourself,

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the more valuable you become. 

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The same thing I said to that young man 

who was confused, confused, but asking 

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questions about whether or not he 

should take advantage of having school 

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paid for

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college,

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paid for, and going ahead and taking 

advantage of it, or if you should start 

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his business now. 

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And I was like, get

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the school.

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Take the learning.

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There's nothing

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better for free education?

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I mean, unless it's a free meal, I 

suppose. 

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But a free education could teach you to 

make meals for thousands of people. 

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A free education can help you create an 

organization that feeds the hungry.

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Do you see that's the power of 

learning? 

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That's the power of teaching and 

investing in yourself.

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Because when you do that, your value 

increases exponentially.

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And it does that, by the way, when you 

surround yourself with like, minded 

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individuals who appreciate and value 

you.

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So overcoming fear of starting

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there is this,

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because I talk about fear Making Fear 

Your Friend.

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And the 4 F's

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framework of Making Fear Your Friend - 

Feel, Foster, Flip and Free.

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And

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the fear of starting out

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it's usually a trepidation of taking 

action, because you're not sure you 

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have everything lined up exactly the 

way you want. 

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But nine times out of ten it's about 

self doubt.

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You just doubt a part of what you're 

doing, whether that's you accomplishing 

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the steps you've created, the strategy 

you have, the idea that's in your head, 

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whether or not you've measured it 

against market value or

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other competitors.

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Some part of you is telling you that 

you doubt the validity of the idea or 

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taking action on it, which is why you 

have this fear of starting.

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The other side of it, I think, too, is 

that once we start,

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hm, then if we stop, we're quitters,

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right? 

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And we have a fear of being quitters 

or being titled quitters.

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If I never begin, then I technically 

never quit. 

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And so there I didn't fail, and so I 

don't have to. 

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If I don't start, then I'm safe. 

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And in that safe zone, we talk about 

this idea nine ways...

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nine times....

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what is it?

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Nine times out of ten. Nine ways to 

Sunday, or whatever.

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You talk to your blue in the face about 

it and still be that person who's

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passionate about an idea. 

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But you never took action, and 

therefore never took risk, and 

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therefore would never fail. 

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Well, there's kind of a failure in not 

starting,

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right?

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You're telling the universe your ideas 

are not valuable enough. 

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You're not only telling the universe 

that your ideas are not valuable 

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enough, you're telling the universe you 

don't believe in. 

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You

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think about that

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when you pause and you have that fear 

of starting, and you think,

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I'm afraid to start. 

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I don't know what to do

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if you have that self doubt,

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you're telling the universe you don't 

believe in you.

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So, believe in yourself. 

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Believe in the dream. 

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Believe that it can happen. 

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It may not be exactly as you think when 

you start out. 

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By the way, it never really is.

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You have one version of what you think 

you want to do, put it out there, let 

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it come into the light, and it will 

grow on its own, if it's meant to be in 

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it's something beautiful, and it's 

really going to impact the world, and 

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it's valuable to you, and it's genuine, 

it'll find its way, but it might change 

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over time, and so will you. 

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Because you will have to adapt, and you 

will have to adopt new ways of 

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thinking, perspectives and 

opportunities, in order to get it into 

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the world and get it to market.

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But that's the beauty of it, as 

entrepreneurs, you know, we have these 

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seeds, and we have these little things 

where germinating, these ideas that 

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were germinating, they're not ours. 

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There were never ours to begin with. 

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They're the world. 

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They're meant to be out in the world, 

and we need to share that with the 

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world, and we need to bring it to life. 

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But if we're going to do it, we can't 

be afraid to start.

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Fear is natural, of course. 

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I mean, we're going to have doubts, 

we're going to have fears.

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That's just part of our, that's part of 

our committee, our future proof 

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committee, just telling us what we need 

to know about what's coming,

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right? 

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Warning us and giving us suggestions 

and advising us along the way.

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Fear's part of my future proof 

committee. 

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And I talk to them all the time. 

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I'm like oh, this came up. 

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Why are we concerned about this? 

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Let's take a deeper look and see if 

there's some opportunity here for me to grow.

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So, like I said, fear is natural, but 

it shouldn't be a roadblock.

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That's when we need to do some work, 

right? 

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We need to like, focus in on. 

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So at the Ascend Hub, I'll be talking 

about that, because we'll do some fear workshops

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on helping us focus on those things. 

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It can be kind of a safety net. 

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Our community can be there for you with 

expert guidance,

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community support, curated resources.

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00:13:32,312 --> 00:13:32,612

Our mentors

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that we are bringing on board and into 

the program have been there, done that. 

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They're individuals. 

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Who've built businesses, if not 

multiple times,

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and they can help us create a road map 

to avoid common pitfalls.

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00:13:45,759 --> 00:13:50,697

Community support, where we share our 

fears, our concerns, we celebrate our 

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wins. 

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We find accountability partners to help 

us stay actionable to take that first 

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step that we need to take and be part 

of a vibrant community, where our ideas 

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have a place to thrive

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and be supported. 

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And then curated resources.

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00:14:04,477 --> 00:14:09,349

We are creating tools and knowledge 

bases that can help you tackle every 

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00:14:09,516 --> 00:14:12,318

stage of your entrepreneurial journey 

that you want. 

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00:14:12,619 --> 00:14:16,556

Now, some of those are pretty advanced, 

and we work with other partners who are 

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better at that than we are. 

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We tee you up, make the introduction, 

get you set up so that you can be there

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for success. 

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To find the right partner, you need to 

get your

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entrepreneurial journey launched.

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And then,

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I guess, lastly,

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you know, beyond the community support 

and guidance and resources,

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we need you.

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We need your ideas, and we need your 

fresh perspectives. 

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00:14:41,348 --> 00:14:44,451

And we need your feedback inside the 

Ascend Hub to get us

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to success as well.

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00:14:47,420 --> 00:14:51,24

We could easily put up a lot of content 

and programming just

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in a bunch of libraries folders and be 

like here.

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00:14:54,694 --> 00:14:54,994

But

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we really want your feedback. 

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00:14:56,396 --> 00:14:57,731

You really want to know where you are,

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00:14:57,997 --> 00:15:00,66

what's going on with your particular 

business model. 

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00:15:00,300 --> 00:15:04,304

What are the challenges you face today, 

so that we can create and curate the 

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00:15:04,304 --> 00:15:06,539

kind of resources that are meaningful 

and valuable to you.

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00:15:08,74 --> 00:15:09,209

That's where we'll have the live

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00:15:10,243 --> 00:15:13,113

Q&A  and coaching sessions that we will 

be doing on the platform.

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00:15:13,513 --> 00:15:17,584

So we'll be answering the five hot top 

topic items this month

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00:15:18,785 --> 00:15:22,722

and tackling those with other coaches 

and mentors, letting them get in the 

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00:15:22,722 --> 00:15:26,92

hot seat and answer the questions 

directly in front of you so you can see 

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00:15:26,326 --> 00:15:27,927

and get that kind of advice you'd want. 

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It's also about building trust.

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00:15:30,463 --> 00:15:34,200

Our subject matter experts will be 

there so that you can start seeing,

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is what they say, true? 

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Is it valuable for you? 

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00:15:37,103 --> 00:15:37,671

Does it work? 

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00:15:38,405 --> 00:15:39,773

And you can build trust with us? 

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00:15:40,6 --> 00:15:41,374

And over time, that becomes meaningful. 

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00:15:41,608 --> 00:15:44,878

Because as you grow and your business 

grows, we can be there for you at 

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00:15:44,878 --> 00:15:48,248

different stages of your success and 

make sure that you continue to grow and expand

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00:15:49,516 --> 00:15:51,518

into the world and bring your dream to 

life. 

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00:15:51,518 --> 00:15:52,252

So that's pretty cool. 

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00:15:52,385 --> 00:15:53,253

Your dreams are worth

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00:15:53,920 --> 00:15:54,688

fighting for.

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00:15:55,755 --> 00:15:57,757

And they won't wait forever, honestly,

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because somebody else is out there, 

chasing theirs down, and they're not 

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00:16:01,361 --> 00:16:03,29

hitting that snooze button on their 

life. 

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00:16:04,164 --> 00:16:05,832

get out there, take action on your 

dreams. 

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00:16:06,299 --> 00:16:09,602

Find the support system that you need, 

get the mentors and coaches that you

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00:16:09,602 --> 00:16:13,840

want to help you transform your dream 

from someday into right now. 

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00:16:14,307 --> 00:16:17,444

And if that means joining the Ascend 

Hub, then let's join the Ascend Hub.

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00:16:17,977 --> 00:16:19,346

Come over to the family, check it out.

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00:16:20,313 --> 00:16:23,49

We have specials, I think, going on 

right now for you to join. 

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00:16:23,183 --> 00:16:23,983

So get in there,

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00:16:24,884 --> 00:16:25,518

figure it out. 

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00:16:25,585 --> 00:16:26,52

Find it out.

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00:16:26,486 --> 00:16:27,520

The Ascend Hub or

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00:16:28,888 --> 00:16:29,556

contact me

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00:16:29,989 --> 00:16:32,125

at Fearless Road or Fearless Thinking 

podcast.

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00:16:32,559 --> 00:16:34,160

And I'm your host, Michael Devous once 

again.

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00:16:34,160 --> 00:16:34,861

Thank you so much

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00:16:35,28 --> 00:16:38,198

for joining me this week, as we 

launched into the fall of 2024.

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00:16:38,698 --> 00:16:39,632

Oh, I can't believe it.

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00:16:41,101 --> 00:16:42,936

I guess this is like, season two, 

isn't it?

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00:16:42,936 --> 00:16:43,903

Because season one was the spring.

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00:16:44,304 --> 00:16:44,804

Season two

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00:16:45,839 --> 00:16:47,774

is the fall, if you want to call it 

that. 

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00:16:48,8 --> 00:16:48,975

So thank you for your support. 

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00:16:49,109 --> 00:16:50,310

Thank you for joining me today. 

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00:16:50,477 --> 00:16:51,277

Have a wonderful week. 

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00:16:51,344 --> 00:16:53,613

And yeah, do some fearless thinking 

while you're at it. 

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00:16:53,913 --> 00:16:55,181

Take care by