Business Ideas - 3 Business Lessons From George Lucas

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*** Newest Video: http://www.evancarmichael.com/Masters/ *** Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! My name is Evan Carmichael and I believe that the fastest and most effective way to build a business is to model the strategies of people who have already done what you're trying to do. I call it Modeling the Masters. My last post with 20 comments was How to Go For It, Follow Your Passion, and Be Nice Like Pierre Omidyar (eBay founder). Today we're going to look at how a young man who wanted to become a professional race car driver changed his career choice after connecting with the right mentor and rose to the top of his industry. This is the story of Star Wars creator George Lucas and the top 3 lessons that you can learn from his success. Must Watch Video "The secret is not to give up hope. It's very hard not to because if you're really doing something worthwhile I think you will be pushed to the brink of hopelessness before you come through the other side. You just have to hang in through that." - George Lucas George Lucas (born May 14, 1944) is an American film producer, screenwriter, and director, and entrepreneur. He is the founder, chairman and chief executive of Lucasfilm and is best known as the creator of the Star Wars and Indiana Jones franchises. Lucas' father owned a small office supply store that Lucas was destined to take over but he had other plans - he wanted to become a professional race car driver. Almost his entire childhood was dedicated to cars. When he was in a near-fatal car accident just days before his high school graduation, Lucas gave up racing and went to college. He enrolled in the University of Southern California School of Cinema-Television because he liked photography and thought "maybe that will be interesting." The program would change his life. He met Francis Ford Coppola at the film school who served as his mentor and inspired him to become a producer-director. Upon graduation he committed himself to doing films as his profession. Today Lucas is one of the film industry's most financially successful directors/producers. His estimated 2011 net worth is $3.2 billion and he's received numerous honours such as being named among the 100 Greatest Americans by the Discovery Channel and receiving the Lifetime Achievement Award by the American Film institute. Action Item #1: Love what you do Action Item #2: Find something you're great at Action Item #3: Keep going True Story Lucas wrote the screenplay for Star Wars after being inspired by Flash Gordon and Planet of the Apes. While writing it he thought that it was "too wacky" for the general public but he insisted on finishing it. When the script was finished, only Twentieth Century Fox was willing to take a chance on the movie. In a groundbreaking move at the time, Lucas agreed to give up his director's salary in exchange for 40% of the film's box office take as well as all merchandising rights and sequel rights. Breaking all box office records and winning seven Academy Awards, Star Wars made Lucas an instant millionaire as well as a household name. More Quotes "I'm extremely grateful that I discovered my passion. I love movies. I love to watch them, I love to make them." "It's hard work making movies...if you don't really love it, then it ain't worth it." "I got the licensing rights because I figured they wouldn't promote the film and if I got T-shirts and things out there with the name of the film on them it would help promote the movie." What Do You Think? Have you found what you love to do? Have you ever thought of giving your business up? What part of George Lucas' message impacted you the most? As always, I'd love to hear your thoughts if you leave a comment below!

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