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Can You Trust People Not to ROB YOU Blind?
Read on The Competitive Advantage.com | Read Time: ~4 Minutes
📚 Hey, good morning! Time to win.
Trusting people with your business and your money can be tricky to navigate.
Especially when you’re starting a new venture and you’re not sure yet what’s happening with corporate structure, individual responsibilities, payouts and compensation - all that stuff.
But there are some GREAT discussions happening inside The Competitive Advantage right now around those very topics.
One of our members, Jasper, asked me this question in the group about whether to collaborate with friends he knew (but wasn’t sure about their level of commitment) or go it alone.
Here’s his question:
How do you open yourself up to collaboration without foolishly handing over too much equity, trusting the wrong person, and other dangers?
Here’s my response:
I’m trusting by nature, but when it’s high stakes, you’d probably better have a contract, or at least some sort of written agreement.
ESPECIALLY when it’s your business that you feel strongly about and are committing to seeing grow.
Sometimes no-contract partnerships can work. Correct me if I’m wrong, but I don’t think Alice Cooper and his manager have EVER had a formal contract between them for the last hundred years or so that he’s been touring :)
As always, your milage may vary.
There are also 14 spots left inside The Competitive Advantage before I increase the price again, so click here if you’re an entrepreneur, business owner, or creator looking to accelerate their progress toward their goals.
And before we get into my April Goals progress update, I’m still looking for THREE (3) more people who want to take their physique to the next level in the next 90-180 days.
Depending on where you’re starting from, I can’t promise results like this in 90 days (see below), but given enough time, I can help you get into MOVIE-STAR shape quicker than you ever thought possible. You just need the right coach!
If you’d like to work together, just reply to this email and let me know.
And now, for my goal updates…
PROGRESS ON APRIL GOALS:
Read 20 Books | 18 Books Left
Publish 12 New Time Mastery Videos | 12 Videos Left
Publish 28 YouTube Videos | 27 Videos Left
Publish 140 Medium Articles | 138 Articles Left
Get Monetized on YouTube | 3,733 Watch Hours Left
Completely Update My Social Media | 7 Platforms Left
Completely Update My Patreon Page | Incomplete
Completely Update My Newsletter Platforms | Incomplete
Completely Update My Welcome Email Sequence | Incomplete
Get Down to Inbox Zero | Embarrassing Number of Emails Left
Negotiate 10 Newsletter Partnerships | 10 Partnerships Left
Do 12 Instagram Collaborations | 12 Collaborations Left
Reach 110,000 Instagram Followers | 5,929 Followers Left
Reach 20,000 Threads Followers | 5,900 Followers Left
Reach 9,000 X Followers | 1,386 Followers Left
Reach 3,000 Medium Followers | 1,163 Followers Left
Reach 2,000 Facebook Followers | 763 Followers Left
Reach 1,000 LinkedIn Followers | 358 Followers Left
Reach 5,000 YouTube Subscribers | 3,808 Subscribers Left
Reach 5,000 Reading Life Subscribers | 1,359 Subscribers Left
Reach 1,000 Competitive Advantage Subscribers | 563 Subscribers Left
Reach 50 Competitive Advantage Members | 14 Members Left
Reach 30 Patreon Supporters | 10 Supporters Left
Update 25 Patreon Book Notes | 18 Book Notes Left
Introduce Myself to 280 Authors | 269 Authors Left
Fill 4 Author Promo Slots for May | 4 Spots Left
Fill 1 Open Business Coaching Spot | 1 Spot Left
Fill 5 Open Fitness Coaching Spots | 3 Spots Left
Note: I’ll update follower counts once per week, since it’s such a waste of time to go through all of them every single night. Also, Threads annoyingly doesn’t give exact numbers. Oh well.
As always, at the bottom of this email I’ll lay out everything I did today to move closer to my Ultimate Vision. This is to keep me accountable and to show you that I’m working as hard as I’m encouraging you to work…
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Woke Up: 12:00PM
Sleep Quality: 80%
Pages Read: 55
Workout: Rest Day
I’m taking the next few weeks off from the gym, with the exception of some light cardio and maybe some even lighter weights. That’s the plan: I’ve been pushing myself extremely hard these past few months and have made pretty spectacular gains, and so I’m giving my body (and mind) some extra time to recover and come back bigger and stronger.
Work Completed:
Posted 2x on Instagram
Posted 3x on Twitter
Posted 5x on Threads
Posted 1x on Facebook
Posted 1x on LinkedIn
Scouted Some New Potential Author Partners
Introduced Myself to 5 New Potential Author Partners
Worked on Sales Page for The Competitive Advantage
Filmed My Next 2 YouTube Videos
Scripted My Next Podcast Intro
Managed Competitive Advantage Community
Outlined Next 15 Medium Articles
Worked on Next Book Breakdown
Did Some Personal 1-1 Coaching via DMs
Reorganized My Workflow and Saved My Sanity!
Alright, it’s official: I need sleep.
Again, DECENT progress today on my goals, but there’s still so much left to do and time is running out! Falling dreadfully behind on daily YouTube uploads, but I refuse to sacrifice quality just to say “I posted a video today.”
Other than that, great day connecting with people inside The Competitive Advantage community, spending some time with my family, etc. Today was good!
But that’s it for now.
Until next time…happy reading!
All the best,
Matt Karamazov
P.S. Whenever you're ready, here are five more ways I can help you:
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