725: Michael Stein | Choosing Your Lane and Knowing Your Worth

We talk a lot about adding value to others, but Michael Stein learned that, in the process, you need to remember to leverage value for yourself.

Michael is an entrepreneur, actor, writer, director, producer, and stand-up comedian who has acted and worked with multiple Academy Award-winning actors, filmmakers, producers, and fortune 500 leaders. He is the Host of the Long Shot Leaders Podcast, which tells the story of underdogs who have found success. Today, we’re going to dive into his story, how he broke into the industry, how he lost it all, and how he got it all back and helps others do the same.

Tune in to the episode for inspiration around niching down by choosing your lane, and the opportunities that can come when you know your worth.

Things you will learn in this episode:

[00:01 - 07:29] Opening Segment 

I introduce today’s guest, Michael SteinMichael gives a bit of his background Son to an entrepreneur Business-minded upbringing Growing up around celebrities Michael’s first venture into businessGoing from stand-up to show business Losing everything and shifting gears to get it back

[07:30 - 17:12] Pick a Problem and Choose Your Lane

Michael talks about his journey into personal development Some mistakes take repetition to understand How Michael got back up after hitting rock bottomCompared to his dad’s experience Maintaining business momentum by niching down The advantages of early adoption Keep yourself open to the next channelGet into the game with a game solverFiguring out what lane to pick Build out a website and raise moneyStart making one sale at a time 

[17:13 - 24:55] Michael Stein on Building Your Network

Michael talks about how networking in retrospectFeeling like your giving something to people The importance of self-worth How insecurity kept Michael from asking for things Let go of grudges Who you know or what you know?The what get’s you in the door to the who How the “who” led to Michael finding his worth through personal developmentProbability will show itself - just make the right decisions

[24:56 - 35:46] Closing Segment  

“Prime the pump” Knowing when to pivot from something that doesn’t work Have your goals and limits set in advanceWeigh out the pros and consThE RaNDoM RoUnDHow to connect with MichaelLinks below Final words 

 

Tweetable Quotes: 

“I got to see all kinds of industries once I put myself out there… Meeting as many people as I could, that really just blew things open for me to start my film career.” - Michael Stein

“If you want to start something, the internet is not new, but branding something - you can be in your own lane.” - Michael Stein 

“Everyone has a chance for this shit. It’s just time, plus effort, plus choices, and consistency. Probability will show itself.” - Michael Stein 

Resources Mentioned: 

The Longshot Leaders PodcastRich Dad Poor Dad

 

Want to connect with Michael? You can find him on Instagram, Twitter, and Facebook. Check out https://longshotleaders.com/ - ordinary people, finding extraordinary success.

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