Last updated on August 12th, 2021 at 03:15 pm
Daniel DiPiazza is a best-selling author whose content has a monthly reach of more than 500,000 viewers and has been featured in Forbes, Inc., Fortune and Time. After quitting his job at Longhorn Steakhouse in 2011, he began a serial entrepreneur streak growing multiple six-figure service businesses.
This was quickly followed by the seven-figure Rich20Something that helps millennials level up in business and life.
He’s now heavily focused on Alpha Mentorship, an immersive training and investment platform for the next generation of entrepreneurs.
Daniel’s Entrepreneurship Secrets Revealed
Develop a skill to turn into a scalable business.
Looking at the situation now and looking at where the world is, there are a lot of opportunities in places that weren’t available seven or eight years ago just. The internet in 2010 internet and 2018 is very different. There are so many things you can do now. It could be Amazon FBA, consulting, or digital products. People have started doing courses based off of YouTube channels and are already doing eight figures just off of organic YouTube subscriber growth selling courses.
People are doing things that Daniel wouldn’t have thought was possible eight or ten years ago but the one consistent thing is that the method of developing a skill turning into a business and scaling that still works and it will always work.
Branding Shift – From Rich20Something to The Daniel DiPiazza brand
Daniel says, “… the person that wrote that book or the voice in most of that book was probably a 24-25 year-old Daniel. Now as I’ve matured, over the last five years, I start to experience rapid amounts of growth and so the things I want to talk about now are different than the things that were in the Rich20Something book. I feel like I’ve already talked about those things.”
For Daniel, it’s more important to focus on the new things and allow the work to be a reflection of where he is now rather than like hitting on the same points forever. He added that there’s nothing wrong with having this level of thinking, it only shows that you have evolved enough to create new potential for yourself as an entrepreneur. He speaks of what is true to him now and this is a manifestation of where he is now and his intention of continuous growth.
Not Everyone Should Be A Content Creator
Build Skill Sets Over Money
Hitting sales targets on the early stages of your business is always not a good indicator that your business will last long. In Daniel’s view, entrepreneurship is more of developing a skill set which is more important in the long run.
These skills and knowledge that you have acquired while starting up will become your foundation in building up your business, as well as your tools to help you in case of setbacks along the way.
Meditate and Practice Mindfulness
Go With The Flow
What’s fascinating about life is that you can make plans and then you can take actions that are in line with those plans and these actions lead to even bigger and greater opportunities that you couldn’t have planned for until you took those opportunities.
It takes more courage to make decisions based on what you actually want. Many of us spend our lives adhering to plans that were laid out for us by our family, culture, expectations that have been placed upon us. The decisions that we make should be in line with what we want. It may take years for us to figure it out. But according to Daniel, it is something that takes awareness to know when the right decision has to be made and when it’s time to change plans.
What’s fascinating about life is that you can make plans and then you can take actions that are in line with those plans and these actions lead to even bigger and greater opportunities that you couldn’t have planned for until you took those opportunities.
It takes more courage to make decisions based on what you actually want. Many of us spend our lives adhering to plans that were laid out for us by our family, culture, expectations that have been placed upon us. The decisions that we make should be in line with what we want. It may take years for us to figure it out. But according to Daniel, it is something that takes awareness to know when the right decision has to be made and when it’s time to change plans.
You Make The Rules
When you get into entrepreneurship, the things that happen to you or your business are just a reflection of your thoughts.
As per Daniel, “the things that happen to you are the result of the things that you’re thinking and as a secondary cause of things that you’re doing, then you have to realize that you’re making all this up. You can create the reality that you want from a position of complete self-assuredness. And then you can’t lose the game because you’re creating the game.”
If things don’t go our way, and we feel like we are not in control, it is just our mindset that created the victim mentality.
It is important to believe in yourself and be the person who you act out in the real world, as this will create a powerful vibration that the people around you will notice and respond. Then you can actually be who you are and the things that you won’t seem to happen to you effortlessly. When you’re playing by your own rules, you don’t have to worry about trying to live a life of other people’s expectations. You can create your own expectations and consistently fulfill them.
The Top Two Things Stopping Millennials From Achieving Success
1. Lack of focus
The downside of easy access to information products whether it is free or paid is information overload. Focus has really become a superpower nowadays. Before there were social media, we consume content slower than how we do now. We cannot start reading a book before scrolling on our phones or even stop ourselves from clicking on other links when we do online searches. Our focus is much more fragmented.
Daniel thinks that it’s a combination of information overload the decreasing amount of ability to focus on one discrete thing that’s making it harder for us to really get traction and momentum.
2. Hesitation
A lot of us become hesitant to try out new things because we see entrepreneurship as same to employment. We don’t fully commit to things because we are afraid that we might not like it and we become stuck to it.
On the other hand, Daniel says that entrepreneurship should work as a vehicle for your own personal development – learning and starting up businesses along the way.
Sometimes hard work goes before the luck and then the luck becomes apparent. Although some people get lucky the first step out of the gate, but then they have to use hard work to maintain that luck. So you’re going to need both, but most people trying to hit it out of the park on the first shot then get frustrated with trying to over think of what they should be doing and therefore do nothing.
Daniel’s Advice To New Entrepreneurs
Welcome“ to the fray. You are entering a stage of ignorance and that should be blissful at this moment. Right now, you should allow yourself to be completely taken aback by all the potential and all the possibility for you. There’s so much that you can accomplish and entrepreneurship is a wonderful vehicle to that. There’s going to be a lot of challenge up for you down the road.”
“You’re going to need to be even more in touch with who you are. If you think that all this meditation stuff is weird, honestly entrepreneurship is going to require you to do some weird stuff outside the box. So take the leap. Understand. This is about growth. Be willing to be patient. You’re already going to have enough critic so don’t be your own biggest critic. There’s no point in that and have fun with this. Assess for yourself, whether that’s the right path for you. But once you make the path and once you commit to it, follow it all the way through to the end.”
“If you’re already on the journey and you’re going through some rough patches, you’ve got this. Don’t settle and don’t allow yourself to plateau. Always push yourself because after a certain amount of time, pleasure becomes pain if you allow it to go on for too long.”