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On this episode of Impact Theory with Tom Bilyeu, serial entrepreneur and multi-billionaire Marc Lore explains how to raise capital when you are just starting out, how to hire and lead employees, and how to make progress towards your goals no matter what you are right now. \n\nThis episode is brought to you by:\xa0\nButcher Box: Go to ButcherBox.com/IMPACT to reserve your spot on their waitlist. You\u2019ll get an email when they\u2019re ready to take your order. \nBetter Help: Get 10% off your first month at https://betterhelp.com/impacttheory \nAudible: Get 1 credit to pick any title and 2 Audible Originals from a monthly selection. Visit audible.com/impact or text IMPACT to 500-500 \n\nSHOW NOTES:\xa0\nMarc credits his attitude of \u201cbillions or body bags\u201d with his success [2:26] \nTom and Marc discuss having your back against the wall and being aggressive [5:16] \nMarc hires self-motivated people and then makes sure he doesn\u2019t micromanage them [7:55] \nMarc looks for traits instead of experience for start-up companies [8:58] \nNever ask a question in an interview that someone could have prepared for [10:52] \nPeople who went to really good schools have a hard time taking risk [14:15] \nMarc shares the story of applying to a business school he had almost no chance at [15:48] \nMarc never accepts that something is impossible unless it literally has a 0% probability [18:48] \nMarc believes that you are born and raised with some traits, but most can be developed [20:19] \nMarc focuses on caring, kindness and empathy when raising his kids [22:27] \nWhen Marc was a kid he was quite entrepreneurial, and got into stocks at 10 years old [23:26] \nMarc talks about why his first investors were willing to take a risk on him [26:21] \nTom and Marc discuss how to help someone build desire [27:48] \nMarc explains how he deals with doubters [31:04] \nGreat execution is better than great ideas [33:35] \nThe way to deal with failure is not to dwell on it, but be objective about progress [35:49] \nPeople want to be understood, and empathy is the most important leadership quality [37:23]\nEntrepreneurs should be thinking about vision, capital and people over 80% of the time [39:18] \nFor core values to be core, there have to be 3 or less [41:29] \nMarc shows how he raised money in the beginning [43:18] \nMarc shares the impact he wants to have on the world [46:23]\xa0\n\nFOLLOW:\xa0TWITTER: https://bit.ly/2PJmaXU\xa0\n\nAre You Ready for EXTRA Impact?\nIf you\u2019re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.\nWant to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.\xa0\nThis is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.\nSubscription Benefits:\n\nUnlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more\n\nNew episodes delivered ad-free\n\nExclusive access to Tom\u2019s AMAs, keynote speeches, and suggestions from his personal reading list\n\nYou\u2019ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:\n\n\nLegendary Mindset: Mindset & Self-Improvement\n\n\nMoney Mindset: Business & Finance\n\n\nRelationship Theory: Relationships\n\n\nHealth Theory: Mental & Physical Health\n\n\nPower Ups: Weekly Doses of Short Motivational Quotes\xa0\n\nSubscribe on Apple Podcasts: https://apple.co/3PCvJaz\nSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices