Ken Courtright

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EP416 Notre Dame Growth

TGN 416 | Notre Dame

 

When the Notre Dame burned down, the Parisians raised $700 million to resurrect it. Relating this back to business, Ken asks this question – what is a dollar amount that overwhelms you? If you receive this huge amount of money, what would you do with it? Would you invest in people, inventory, product, or consultants? Read about what Ken has to say as you think through the possibilities and make proper decisions.

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Listen to the podcast here:

 

Notre Dame Growth

This is the show where Kerri and I live life and if we see something that we feel is a remarkable concept or nugget of growth that should be shared with the world, we write it down and we’d surely talk about it. This one is pretty emotional. We were in Europe for Kerri’s birthday. We were visiting some wineries and having fun and relaxing a little bit as a couple. We so happened to be there the day that Notre Dame caught on fire. We were two blocks away. We woke up the next morning. We didn’t know what happened but when we went into the lobby of the hotel, you could tell that there was a funeral in that building. You couldn’t tell what happened, but the day before, everybody was cheering and cordial. That morning, I’ll never forget it. You knew somebody died. In this case, it was an entity that died. We got into the cab and the concierge and everybody helped us with our bags and they asked, “Did you hear about Notre Dame?” We ran back inside and looked at the news.

We got into the cab to go to the airport and the cab driver said, “They’re guesstimating. This isn’t fixable.” It turns out later that day, the two wealthiest Parisians, the two wealthiest people living in Paris their whole life said, “Are you telling us that this thing might not be salvageable? We don’t believe that.” Between the two of them, they decided to pony up $300 million into a pot to save Notre Dame. By the end of that day, because it burnt at 2:00 AM, by that same midnight, Parisians had raised $700 million to resurrect Notre Dame. Within two days, that went over $1 billion.

 

If you have a problem that money can solve, you don't have a problem, you have a situation. Click To Tweet

 

What is the point of this and how does this relate to business? There is a test or a game that I play once a year. I got it from Brian Tracy. He called it The Million Dollar Game at the time, many years ago. I’ve changed this a little bit. I call The $1 Million Game, The $10 Million Game or The $100 Million Game. It’s more of a test and it goes like this. If you’re a one-person company or a small company just getting started and somebody came to you and put $1 million in your account and said, “You have to put this money in play in 90 days, you have to spend it.” What would you do?

For those of you that are 10 to 100 person companies, somebody put $10 million into your account and you have 90 days to spend it. For bigger companies out there, let’s say it’s $100 million. The number has to be so big that you’re frozen in the beginning, “I have no idea what I would do with that,” but you have to put it in play. Do you get the idea? The concept is what is a dollar amount that overwhelms you? You’ve never had that in your account. You don’t foresee that much money ever being in your account anytime soon. That’s the type of number you’re looking for.

TGN 416 | Notre Dame
Notre Dame: What is a dollar amount that overwhelms you?

 

Here’s the point. If you had it, what would you do? Meaning, what would you invest in? Would you invest in people, inventory, product or consultants? Would you get a board of directors or a new accounting firm? You need to get serious about this question. Would you pay down debt? Would you buy out a partner? Here’s why. If you had that type of money and you would make completely different decisions because you had the money, you might not be making proper decisions. There is a reverse of this and it goes this way. If you have a problem that money can solve, you don’t have a problem, you have a situation. It’s all in perception, it’s all on perspective and it’s all based on vantage point. I’d love for you to take this show very seriously. I would like you to play this game.

Somebody put in $1 million or $10 million or $100 million and you must move the money in 90 days, what would you do? It’s important to me that you play the game. Try it and I would love people to email me at Ken@IncomeStore.com that you played the game and the ideas that it spawned for you that you never would’ve thought of, that you’re actually going to put into play. I take no credit for Brian Tracy’s modality, but I would love to know how this modality changed the future of your business. I hope this helps. Take care.

Important Links:

  • Ken@IncomeStore.com

 

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