About this Video

• Video Title: MrBeast's 9 Rules of Business [Exclusive Interview]
• Channel: My First Million
• Speakers: MrBeast, Jimmy (Interviewer)
• Duration: 00:53:35

Introduction

This video features an exclusive interview with MrBeast, where he shares his nine key rules for success in business. The interview covers various aspects of his entrepreneurial journey, from his early struggles to his current massive success, illustrating each rule with anecdotes and examples.

Key Takeaways

1. Burn the Boats: Commit fully to your chosen path, even if it means sacrificing traditional options like college. MrBeast recounts faking going to college to pursue his YouTube career.

2. The Rule of 100: Create 100 videos, consistently improving each one, before seeking external advice. This emphasizes the importance of learning through practice and iteration.

3. You Can Make Anything Go Viral: A good idea, even with a small budget, can create a viral video. MrBeast demonstrates this by generating viral ideas using a random word generator.

4. Cloning: Train your team to replicate your skills and decision-making processes, eliminating bottlenecks and scaling your business efficiently. MrBeast describes his strategy of creating "clones" within his organization.

5. Impossible is Possible: Approach seemingly impossible challenges with a problem-solving mindset, breaking them down into manageable steps. MrBeast cites examples of his own projects that initially seemed impossible but were ultimately successful.

6. Consultants are a Cheat Code: Leverage the expertise of consultants to accelerate your learning and avoid unnecessary trial-and-error. MrBeast highlights the value of learning from experienced individuals.

7. Block Out the Noise: Ignore negativity and criticism, focusing on your vision and goals. MrBeast relates how early criticism fueled his determination.

8. Reinvest Everything: Continuously reinvest your profits and resources back into your business to fuel growth and innovation. MrBeast's relentless reinvestment strategy is discussed.

9. Feastables (and similar ventures): Use your platform to create ethically sound businesses that align with your values. MrBeast's commitment to ethical sourcing and fair wages in his Feastables chocolate business is emphasized.

Here's the exact transcription context for every instance of the word "Pixar":

1. "I think didn't Steve Jobs call it in like creative Inc like his Think Tank yeah and they had a thing where they were like at Pixar they have a book called creativity Inc I creativity Inc yeah and he said it's not people think oh we just come up with the best ideas right away he goes no he goes the creative process"

2. "I was just you buy that is that yeah I was just at Pixar is at the Steve Jobs building and I was just with some of the employees out there working and just seeing how they go about and like they're doing daily reviews over there which is like you know every day like what they work on they're showing to like the director and stuff and getting like real-time feedback and they're very like eess and it was very cool to like see their culture and how they go about it like CU they I mean in terms of animated films"

The transcript only mentions Pixar in relation to Steve Jobs's creative process and the book Creativity, Inc. There is no further information about Pixar itself or the contents of the book beyond what's stated in those two cited excerpts. Specifically, the transcript states that at Pixar there is a book called Creativity, Inc, and that Steve Jobs described the creative process there as taking something that sucks and removing the suck through iteration. No other details about Pixar or the book are provided.