E341: Creating Your Advantage In Business - Shaahin Cheyene

<p>Financial success was quickly found for our guest today when he created the herbal replacement for Ecstasy. Shaahin became financially independent very quickly but he also realized that you just can’t play by the rules of others and hope for success.  Join Steven and Shaahin as they discuss being an operator as opposed to an investor, finding your niche, tough love, and the importance of having multiple income streams. </p><p><strong>Key Takeaways</strong></p><ol><li>Everybody wants you to believe that if you just play by the rules, you do what you're told,  that at the end of the day you will have security but that only benefits the big corporations, not you.</li><li>If you want to be successful you have to figure out a way to have an unfair advantage to excel.</li><li>By having diversification, you can be in a much stronger place if one of your businesses or investments  no longer is creating income.</li><li>As an operator you are taking a more hands on approach and have the ability to generate greater returns, whereas as an investor, you are hands off, putting your trust in those relationships you developed to garner the passive income.</li><li>The real value is in the multiple of your EBITA that you're going to get at the time of an exit.</li><li>Become a  lifestyle architect, where you design your life in a way where you can have access to the freedom you want and part of that is having more passive streams of income.</li><li>There's a reason that you're not succeeding at the top level. Either you have not put in enough time and effort and tried enough times, or you haven't received the feedback that this is not the right path for you.</li></ol><p> </p><p><strong>Resources Mentioned</strong></p><p>Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network.  Learn more at <a href="http://www.vonfinch.com/invest">http://www.vonfinch.com/invest</a>. </p><p> </p><p><strong>About our Guest:</strong></p><p>During the Iranian Revolution of 1978, Shahin Cheyene’s f