Summary
- Brands have a moat that protect you from competitors (think Coca Cola or Trump Towers)
- Your brand has name recognition, not just for your brand but for you personally (your hustle doesn’t)
- Your brand is long money, your hustle is short
- Your hustle is not a mission, your brand is
- You’ll never be as passionate about your short term hustle as opposed to your mission
- Your brand is bigger and therefore not dependent on any one platform (youtube, fb, twitter etc.)
- Your brand is fungible (I built my Youtube channel up off the back of my website)
- When you work on your brand you build brand equity or goodwill (this will pay you in $)
- Building a brand allows you to plan for your next decade or even your next 3 decades
- You can stand behind and be proud of your brand (your hustle is often anonymous)
- Your brand is long term money, your hustle is short term money
- Be a builder of great things that last, not a short term hustler of sh*% you don’t care about