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Special Episode with Dave Lukas

435: The Top 5 Lessons from 2024 and How to Win Big in 2025

Welcome to another year end edition of the Misfit Entrepreneur!
This year, I am going to do something a little different. I’ve just returned from spending almost a month overseas and competing in New Zealand in the Ironman World Championships. I promised my family that I would take that time with them and just unplug. That meant no podcasts or anything during that time and I stuck to it. It was an amazing trip and such a wonderful experience. For all my Kiwi listeners, your country is truly incredible. I hope everyone watching and listening gets a chance to visit it someday.

​I started out saying that this end of year episode is going to be a little different. Where usually, I do a recap of all the episodes throughout the year and share wisdom from them, instead, I am going to share my Top 5 lessons I am taking away from 2024 and my best advice going into 2025. I had a lot of time to think on these things while I traveled and thought it would be great to share them with you.

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Show Notes

Lesson 1: You Can Do So Much in One Year!

  • People overestimate short-term results but underestimate yearly progress.
  • Success stems from consistent effort despite challenges.
  • Magic happens when you stay committed to your goals daily.

Lesson 2: Stay Focused in Your Lane
  • Avoid chasing shiny objects; say "no" more than "yes."
  • Double down on what works and cut out unproductive distractions.
  • Staying in your lane increases profitability and reduces unnecessary stress.

Lesson 3: Pay Attention to What You Are Buying

  • Differentiate between "stuff," education, distractions, and time.
  • The wealthy prioritize buying time and meaningful experiences.
  • Evaluate purchases based on how they impact your long-term goals.

Lesson 4: AI is Not the Answer, But It’s a Useful Tool

  • AI is great for efficiency, analysis, and optimization, but it cannot replace human decision-making.
  • Use AI in content creation, hiring processes, training, and business operations to save time.
  • Ignoring AI means falling behind competitors.

Lesson 5: Prioritize What Truly Matters

  • Family, friendships, core values, and health should be at the top of your priorities.
  • Avoid wasting time and energy on things that won’t matter long-term.
  • Invest in your health and relationships—they’re your most valuable assets.

Best Advice for 2025?

  • Stay ready for anything by planning for multiple outcomes.
  • Success often comes from being patient and acting decisively when opportunities arise.
  • Enjoy the journey, celebrate your wins, and savor the process.

Best Quote

  • People underestimate what they can accomplish in a year. Stay consistent, and the magic will happen.
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  Consistency Over Time Leads to Extraordinary Results
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  Stay Focused and Learn to Say No
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  Prioritize What Truly Matters

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