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Hey, Johnny Dumas here, and welcome back to the Daily Refresh, where I share a quote, gratitude, and guided breathing in under three minutes. In today's quote is, yes, you nailed it from Peter Thiel. It's always a red flag when entrepreneurs talk about getting 1% of 100 billion markets. In practice, a large market with a lack, a good starting point, or it'll be open in competition, so it's hard to even reach that 1%.
And even if you do succeed at getting such a small foothold, you'll have to be satisfied with keeping the lace on. Cutthroat competition means your profits will be zero. Ouch, but it is the truth. I mean, fire nation, if you have these aspirations of doing 1% of a $100 billion market, guess what?
Learn from those who have come before you, who have done it, to have the experience. And maybe you can say, you know what? I want to make a different kind of focus. I want to have a different type of company.
Like me, that was what I decided to do. I don't want 1% of 100 billion. I want 100% of whatever entrepreneurs on fire generates. Boom, shalaka laka.
And something to be grateful for. How about your favorite beer or cocktail, which if nothing else, sometimes has made all that hard work seem a lot lighter. Something to be grateful for. Now take a few seconds and think of something unique in your life that you're grateful for.
It will warm your soul. And now it's time for guided breathing. So grab a seat and remember all breathing is through the nose and we'll be breathing in for a count of four, out for a count of four, a total of five times, which will fully circulate amazing oxygen into your body. We'll begin in three, two, one.
Inhale through the nose, two, three, four. Exhale through the nose, two, three, four. Inhale, two, three, four. Exhale, two, three, four.
Inhale, two, three, four. Exhale, two, three, four. Inhale, two, three, four. Exhale, two, three, four.
Inhale, two, three, four. Exhale, two, three, four. Relax. Congratulations on completing the daily refresh.
And if there's something unique you are grateful for, let me know and I'll share it on an upcoming episode. Simply visit thedailyrefresh.com and click the word gratitude in the navbar. See you tomorrow.