Sorry but you can’t fall downhill into 45k a month. You also can’t write down a cake recipe for 45k a month like you seem to be expecting.
As someone who, over the last two years, has created a more modest 5 figure MRR business, I can assure you, you don’t know what you’re talking about.
It takes a lot of skill and understanding of the market and market forces to be this successful. Being able to do the same thing again and get the same results is exactly what these people are not trying to do.
There seems to be some disconnect between what you think would make a successful business and what people who are making successful businesses do.
If I was to start again today and do the same thing, I would fail. If I wrote down what I did and someone else tried it, they would fail. The market has moved on since then and so every day when I get out of bed, I need to get my work done, manage my team and plan for tomorrow.
And after all this, my little MRR is an important metric because it shows success and because it’s something that I’ve worked the hardest in my life for.
Best of luck for your nature walks, people get to chose what they do in life.
Their hiatus on the whole greed thing appart, I think they meant the same as what you said?
That there's no lessons to learn, because doing the same thing again wouldn't work. And if even the person who succeeded first hand would fail to reproduce their own success a second time, then those who are just reading about it have even less of a chance to be successful with that advice.
I think that's interesting to explore. I do wonder if it's true or not. There does exist some serial entrepreneurs that did manage to bootstrap many successful business after all.
Also I think the OP is more annoyed at the constant publication about "how I achieved financial success", because it kinds of gives out this illusion to others that they can as well, or that this is the ultimate achievement in life.
I appreciate your comment and understand your point of view.
What people that want a guide to money (aka reading self help "how to make a million dollars in 100 days" books) don't understand is that the lessons aren't a formula. My feeling for the commenter I originally replied to is therein lies a source of misunderstanding and frustration.
Being an entrepreneur is a skill. There are some very good serial entrepreneurs but they've all had 10x as many failures as their handful of successes.
Reading someone else's story isn't to be taken as a lesson of what to do to get to any MRR. It's a series of data points to be mused over.
Enough data points, along with time in the game (persistence, market viability, base level competence and work ethic) and you will start to have larger and larger successes.
I don't think it's unachievable by others, but it's probably not achievable exclusively from following a template or immitating a play book. This in turn means that articles, books, seminars that provide a template or a play book inadvertently pray on people desperately hoping to replicate financial success themselves.
Also, I believe, mathematically, since money is a finite resource, having an outsize amount of it, compared to the average, implies that not everyone can be in that situation. Which would mean most people cannot achieve it. This assumes financial success is defined as having above average money.
What else would you even measure? How much other people love what you made? The fact that lots of people pay you for it measures that. How much what you made helps other people? The fact that lots of people pay you for it measures that. How much you're able to contribute to good causes? How much money you make influences that. Money is a tool, it's created and traded with others as a means of exchange. If you make something valuable, you are given money for it, which you can use to make claims on the output of other people's work. There's no grand evil conspiracy here.
$ or in this case MRR, is the easiest comparable thing. The question “How big is your agency/business?” Is often very nuanced and tedious to explain.
It would probably take me 30+ seconds of boring conversation to get to the point. Humans optimize and now you have $xx / month. It’s easy to understand exactly where I am in my journey, how much “stuff” goes on in the day to day and the types of problems I have.
I like talking to people that are doing six figures a month, it gives me insight into the problems that I hope to one day have. Like a child looking up to their bigger brother. But also, they’re often very direct and insightful with the problems that I’m dealing with.
Not like they have the cake recipe I’m trying to make, but they can adapt their advice to my experience and tell me what temperature I should set my oven.
As someone who, over the last two years, has created a more modest 5 figure MRR business, I can assure you, you don’t know what you’re talking about.
It takes a lot of skill and understanding of the market and market forces to be this successful. Being able to do the same thing again and get the same results is exactly what these people are not trying to do.
There seems to be some disconnect between what you think would make a successful business and what people who are making successful businesses do.
If I was to start again today and do the same thing, I would fail. If I wrote down what I did and someone else tried it, they would fail. The market has moved on since then and so every day when I get out of bed, I need to get my work done, manage my team and plan for tomorrow.
And after all this, my little MRR is an important metric because it shows success and because it’s something that I’ve worked the hardest in my life for.
Best of luck for your nature walks, people get to chose what they do in life.