In this episode, Mel Abraham talk about how to create an elegant solution for your customers and your market. An elegant solution is the simplest way to get the greatest impact. It should be something that can withstand time and get the attention of the marketplace. It's the "Aha!" solution. An elegant solution will serve your market at three levels: Level 1: Dealing with the known and spoken problems. These are the things that are commonly known and talked about. Even though ever...
Feb 17, 2015•23 min•Season 1Ep. 11
In this episode, Mel Abraham continue our journey down the three phases of business life by digging further into Stage 1 of Phase 1 which is the Decide stage. We talk about the obstacles and challenges that may come up and the ways to navigate them: 1. Are you in the right business? The right business is the one that is driven by your passion and vision. It serves at a greater level helping people shift their lives, and get solutions for their problems. 2. Financing: "I don't have the ...
Feb 10, 2015•32 min•Season 1Ep. 13
In this Q&A session, we talk about the topic "Scaling a Expert Business" to answer the question sent in by Ron Reardon. The question is "If a person has a high-end one-on-one coaching business, which normally coaching is not scalable; what recommendations do you have to scale what can be scaled?" Scaling is one of the biggest challenges that service professionals have. For coaching business owners, there are four types of business models: Time Based: A model where you swa...
Feb 04, 2015•22 min•Season 1Ep. 9
This is a Q&A session, where we answer the question sent in by Bill Parravano about “Angel Financing”. His question is: “What is your approach? How do you approach an angel investor? How do you find angel investors? What do you need to have prepared when speaking with them?” An angel investor is typically a past entrepreneur who has high net worth and wants to invest in ideas, management and things they believe in. The size of angel investment can be from $5,000 to $10,000 to up to $2 millio...
Jan 30, 2015•36 min•Season 1Ep. 10
— Summary — In this episode, we continue our discussion of the key decisions you need to make as an entrepreneur. Specifically in this episode we explore how to gain market distinction through your core strengths. Of the three phases of business and product life framework, the first stage of the Think Up phase is the Decide stage and it comes before Idea . In this episode, we dive a bit deeper in the decisions you need to make as an entrepreneur. We dig into the decide stage which relates to the...
Jan 27, 2015•31 min•Season 1Ep. 8
— Summary — In this episode, we begin to dive into the three phases of business life or product life framework. This is the process that we use to take a product and business, and bring it to life. In a previous session, we talked about the concept that there are three phases that every product or business must go through: Think Up, Get Up and Reach Up phase. The first phase Think Up has three stages Decide, Ideation and Model. As opposed to popular belief idea doesn't come first and there ...
Jan 21, 2015•26 min•Season 1Ep. 7
People say that we are on the edge and near disaster but actually, we are in the greatest times filled with opportunities. So much is happening and so many things are changing. At a time like this, it is really important to set the stage for what it is that we are going to do. There are two paths that you can take. The first path is what the society believes it should be. You get a degree, then a job and wait for promotions to climb the corporate ladder, slowly. This has been done since a long t...
Jan 16, 2015•16 min•Season 1Ep. 6
SUMMARY: 1. As an entrepreneur, you might get sucked into your business so much that you miss out on the other important aspects of life. If this happens, it won't be worth it – as having your own business should actually allow you to create a community, support the society and live your dreams. 2. Make sure to take a time off every 90 days or so and do three things: Reflect, Reconnect and Rejuvenate. Reflect: Take a vacation or a long weekend, and block out your work and schedule. Reflect ...
Jan 15, 2015•16 min•Season 1Ep. 5
In this session we talk about the three phases of business life which is the process I go through when I have to launch a new business or service. They are required to build a business but even before the three phases, get the concept of customer promise. Know how the life of customers will shift and change because of your work, products and services. Before your customers you must be truly, emotionally and passionately behind your products and services, and only then you will be able to create ...
Jan 10, 2015•31 min•Season 1Ep. 4
SUMMARY: This is the very first introductory episode of the Entrepreneur's Solution. In this session, we talk about the show, its target audience, topics that you can expect in future episodes. Creating, building and scaling a meaningful business can bring back possibilities into our lives—giving us the courage to live the life that we dreamed—while having an impact on the society that we live in. This show is for aspiring as well as established entrepreneurs of any scale. It's for bus...
Jan 04, 2015•35 min•Season 1Ep. 3
SUMMARY: There are basic fundamental principles about business that you need to understand. Mastering your business requires mastering the basics. It will drive your business and escalate your success. There will be changes and shifts in market dynamics, legislation, preferences and other factors that influence a business. If you build a strong foundation for a business, we can easily respond to the changes that enable us to handles the downslopes and take advantages of new opportunities. Busine...
Jan 04, 2015•34 min•Season 1Ep. 2
SUMMARY: There are societal rules like finishing college, taking a job in a large firm and working hard to get promoted. Following these may mean a lot of hectic schedules and an unhealthy lifestyle. Not everyone can follow these rules of the society. So in life, you may come across the question: Do I follow my dream or do I take the easy road? People do business for different reasons. Some do it to make a profit, some do it to steal money, and others do it because they care and want to have an ...
Jan 04, 2015•25 min•Season 1Ep. 1
SUMMARY: This is the introductory episode of The Entrepreneur's Solution. In this session, we talk about the show, its target audience, topics that you can expect in future episodes and how I may become your entrepreneurial mentor. Creating, building and scaling a meaningful business can bring back possibilities into our lives—giving us the courage to live the life that we dreamed—while having an impact on the society that we live in. Entrepreneurs truly can solve the challenges of the soci...
Jan 04, 2015•16 min
