There’s a psychological shift that happens sometimes with people who reach their first million dollars in sales. If you’ve never made a million before, when you do, you may start thinking you’re the big cheese. The symptoms go as follows: you forget about modesty; you start to lecture everybody; you buy a Lamborghini; your main topic of conversation is you; everything revolves around money and possessions.
Rest assured, that happens to a lot of people, especially the younger ones. Boys will be boys.
The danger is not only becoming the most annoying and narcissistic person on the planet but also getting stuck at this growth stage forever. Or worse, to lose your mind and waste everything you’ve earned. People who get stuck at the low 7-figure stage often have found their comfort zone where they can afford most of the things they dreamed about a while ago. They lose sight of their grand vision, and as a consequence, they lose control.
How long do people get lost at this stage? It’s a question of maturity. You waste some time here and there along the way, on both a micro and macro scale—because you’re human. You fall down and you get up: that’s the story of our lives.
There’s a commonality for people who get out of there, though. Sooner or later, they realize it’s not just about themselves, and not just about stockpiling cars and watches. Most ambitious people will keep growing their businesses essentially for one reason: social conscience.
Nothing is impossible if you’re also aiming for contribution, sharing, and building. Nature is well made: if people fall at this stage and can’t bounce back, it means there was too much which turned their heads … which means they’ve reached the limits of their competency. On the other hand, if you have what it takes to go further, you won’t even feel the heat of the 7-figure stage.