Tony Robbins explains the key to becoming a business owner

On the first-ever episode of her podcast So Money, Farnoosh Torabi interviewed Tony Robbins about his book "MONEY: Master the Game."

Torabi passed along a question from a So Money listener, who asked, "How do you change from being an opportunity seeker and always wanting to actually being a business owner? We always keep on seeking out opportunities, but we never actually do anything."

Robbins began his answer by explaining that beginning something new is exciting, but moving beyond that beginning is the challenge that stops many people in their tracks.

"The hard work that it takes to commit yourself to something and let go all of the other possibilities is not very exciting," he said. "In fact, it's scary."

As far as committing yourself to take action, he continued, it comes down to making decisions.

Robbins said:

"What you have to do is [you've] gotta say together, 'You know what we're going to do? If I'm gonna try to make the perfect decision, I'll never make a decision.' The most successful leaders on Earth ... You are a leader if you can make decisions, because so few people do in this world today. People spread their preferences. They talk about what they want. They skate on the surface. They don't go deep and master anything.

"If you decide, 'I'm going to make the tough decisions,' then you're going to be an effective leader. And the first tough decision is in order to do something you've gotta give up other things. I gotta pick one thing. It's not going to be perfect, but I'm going to make it perfect. I gotta pick something that I'm driven by.

"And if you don't know what it is, you gotta pick one thing and go full towards at it. You got to give it its time. You're going to say, 'I'm going to spend the next 18 months doing this. If I find out I'm wrong, I'm going to find out quicker than if I spend the next 18 months still looking at 15 opportunities.'"

Listen to the full episode of So Money »

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Tony Robbins - Motivational Speaker
CLEVELAND, OH - JUNE 16: Tony Robbins attends Game 6 of the 2016 NBA Finals between the Cleveland Cavaliers and the Golden State Warriors at Quicken Loans Arena on June 16, 2016 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ronald Martinez/Getty Images)
OAKLAND, CA - MAY 26: Motivational Speaker, Tony Robbins attends Game Five of the Western Conference Finals between the Oklahoma City Thunder and the Golden State Warriors during the 2016 NBA Playoffs on May 26, 2016 at ORACLE Arena in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Noah Graham/NBAE via Getty Images)
AUSTIN, TX - MARCH 14: Motivational speaker Tony Robbins attends the screening of 'Tony Robbins: I Am Not Your Guru' during the 2016 SXSW Music, Film + Interactive Festival at Paramount Theatre on March 14, 2016 in Austin, Texas. (Photo by Mike Windle/Getty Images for SXSW)
AUSTIN, TX - MARCH 14: Motivational speaker Tony Robbins attends the screening of 'Tony Robbins: I Am Not Your Guru' during the 2016 SXSW Music, Film + Interactive Festival at Paramount Theatre on March 14, 2016 in Austin, Texas. (Photo by Mike Windle/Getty Images for SXSW)
AUSTIN, TX - MARCH 15: Motivational speaker Tony Robbins attends The Samsung Studio at SXSW 2016 on March 15, 2016 in Austin, Texas. (Photo by Jonathan Leibson/Getty Images for Samsung)
AUSTIN, TX - MARCH 15: Motivational speaker Tony Robbins attends The Samsung Studio at SXSW 2016 on March 15, 2016 in Austin, Texas. (Photo by Jonathan Leibson/Getty Images for Samsung)
OAKLAND, CA - FEBRUARY 2: Motivational speaker Tony Robbins and Golden State Warriors co owner Peter Guber watches a game between the Golden State Warriors and the Utah Jazz on February 2, 2012 at Oracle Arena in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2012 NBAE (Photo by Rocky Widner/NBAE via Getty Images)
THE TONIGHT SHOW WITH JAY LENO -- Episode 3867 -- Pictured: Motivational Speaker Tony Robbins onstage July 23, 2010 -- Photo by: Paul Drinkwater/NBCU Photo Bank
THE TONIGHT SHOW WITH JAY LENO -- Episode 3867 -- Pictured: (l-r) Motivational Speaker Tony Robbins during an interview with host Jay Leno on July 23, 2010 -- Photo by: Paul Drinkwater/NBCU Photo Bank
THE TONIGHT SHOW WITH JAY LENO -- Episode 3867 -- Pictured: Motivational Speaker Tony Robbins during an interview on July 23, 2010 -- Photo by: Paul Drinkwater/NBCU Photo Bank
OAKLAND, CA - FEBRUARY 2: Golden State Warriors Peter Guber and motivational speaker Tony Robbins smiles for the camera before a regular season game between the Golden State Warriors and the Utah Jazz on February 2, 2012 at Oracle Arena in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2012 NBAE (Photo by Rocky Widner/NBAE via Getty Images)
378049 01: Motivational speaker Tony Robbins accompanies his date, Sage Lynch at the MTV Video Music Awards held at the Radio City Music Hall September 7, 2000 in New York, NY. (Photo by Robin Platzer/Twin Images/Online USA)
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