Build Network. That's extremely important. Bryon when was younger, he used to think network building is not authentic because he felt like using people and like trying to figure out who is most valuable to him. After a while, he realized that none of us is really that great all by ourselves. It's not about figuring out what others can do for him, it's really about recognizing that he's better with other people in his network.
Jun 09, 2022•35 min•Ep. 372
Focus on three things - Skillsets, Character Traits & Beliefs. These are the three things that will impact the entrepreneurs. You are responsible for that business's growth, not the people you hire or any other factor. It's the skillsets, beliefs, and character traits that you have as the entrepreneur, that allow that asset to grow. If you're lacking in one of the areas, you might have all the right skillsets but not the beliefs to follow through and do it. So, it has to align in a way where...
Jun 08, 2022•26 min•Ep. 371
Never quit and be willing to pivot. Basically, don't marry your vision for it be open and allow your business to grow the way it needs to.
Jun 07, 2022•23 min•Ep. 370
Don't be afraid to fail and fail often. People try to be perfectionists, they don't want to fail and lose all their confidence after failing. Failure isn't permanent, learn from your mistakes and try not to make the same mistakes.
Jun 06, 2022•33 min•Ep. 369
Look for opportunities for the most growth. The path of most growth and when you're looking at a company, the number one thing you should be thinking about is, are they my people? Most of the time Steve would think he'd learn something at a company and apply it to his company later, this is a huge step jump, but every time he felt like these are not his people. when he unraveled for a while and started to feel like his culture, everything felt right for him.
Jun 05, 2022•28 min•Ep. 368
Think Big, that's definitely one of the things. If you're in a startup model, it's very easy to bog up in the details and lose sight of the big picture. That's what most startups really fail or actually make the mistake of just getting wrapped up in the details. There are people who are good at the details but as a startup entrepreneur, if you're actually building out the business you must focus on the big picture.
Jun 04, 2022•24 min•Ep. 367
The thing is just GO. Many entrepreneurs will just be worried about not having a concrete business plan or not necessarily starting anything before they get an IP or a fully functional up and running website. All this stuff is really important, but you could just really get going.
Jun 03, 2022•26 min•Ep. 366
Good advice applied at the wrong time is bad advice. In the early stages of Wayne's journey in business, he used to look at the big gurus and magazines and see what they were doing and how are they successful and he would tempt to take what they were doing and apply that to his little small startups.
Jun 02, 2022•27 min•Ep. 365
Success comes sooner as sooner you get out there. Put yourself in visibility. Now is the best time, it'd never gonna get easier. So, just put yourself out there, find the confidence to do it, be willing to learn, be a little messy and figure out as you go.
Jun 01, 2022•30 min•Ep. 364
Do Diligence, whether you're starting or buying a business. Harris's background was to do CPA and what he does now is helping people get funding as a startup business specifically using their 401k and RIA which is stuff people don't know about. Most people don't know they have the opportunity to perhaps use their RIA or 401k. So, do diligence both in if you're buying a business or starting a business. Make sure you ask a lot of questions of the seller and that you're comfortable with the answers...
May 31, 2022•22 min•Ep. 363
The things are gonna take time, as long as you stick with the business, there's gonna be ups and downs of the business, especially as a startup. If you're a solution-based company, say you got 20 customers, every customer wants something different, so you have to prioritize the customers, in end you got to stick to your business.
May 30, 2022•33 min•Ep. 362
Listen and Absorb as much as you can about the industry, especially if it's a new industry. Go try and talk to the folks who have been there before. Especially if you enter a new venture and maybe you haven't done this before, be a sponge absorbing as much as you can, talk to people, read, and listen (to podcasts, and webinars) to all these great sources of information there really for the absorbing.
May 29, 2022•30 min•Ep. 361
Do what your passion drives you to do. Make sure you're absolutely entering into a path that is going to provide a solution to a problem, that's the first thing. The second thing is to make sure you have time for talented treasures to enter that journey and then just engage with the best people.
May 28, 2022•32 min•Ep. 360
"Patience and commitment" Nobody will ever be more dedicated than you and you just have to find the time. It is not right to take the quantity of time over the quality of work. You got to find the windows of opportunities and seize them, put in the time and the commitment to the business from day one.
May 27, 2022•23 min•Ep. 359
You need to work on your business and not in your business. It's not the "what" it's the "who". It's not what you need to do, it's who can you help to what you need to do. Spend more time working on your business by valuing and educating yourself and the employees instead of just pleasing your customers.
May 27, 2022•34 min•Ep. 390
Adaptable mindset, If you want to be an entrepreneur(starting a business), you got to have the right mindset, because it's straightforward for people to give up if they don't see any results or anything manifesting and they might wanna give up in the middle of one year so to speak, not everything is going to be shiny or golden. The journey is hard, there is pain, and there are ups and downs, Judy Lin emphasizes - you want to go to an industry or a niche that you enjoy, typically it would make yo...
May 26, 2022•24 min•Ep. 358
Make sure the "Why" of your business is bigger than yourself. That's what going to motivate you to really get up every day when it's tough and hard and also help you to seek that community to support you. So, make your why bigger than yourself and be willing to pivot.
May 26, 2022•29 min•Ep. 389
Don't be scared to ask for help, you'd be surprised how many people are willing to help you if you just ask. Lots of times, you're starting something, you question yourself, like, is this right? Am I wrong? What should I do next? A lot of times reaching out and asking for help, people would be willing to give you advice or lead you to somebody who could help you.
May 17, 2022•29 min•Ep. 357
Were a 100,000 percent into this business. This is not a side hustle this is a full time day and night, even while we dream, type of job. This is what my dreams consist of today, dreaming about Sim. The one thing I would say to entrepreneurs who are looking to start a business if you believe in yourself go all in. Take the risk, there's nobody better to bet on then yourself. If your in the stock market your investing in stocks, those prices go up and down and you have zero control over what happ...
May 04, 2022•24 min•Ep. 356
Don't wait. I waited many years, I always wanted to start my business. I always knew that I could create something. I already had a ton of ideas that I was working on. My two cents are if you really feel like you were made to start a business and that it is what you like then do it. Don't wait to long worrying about money or how you will actually do it. Jump in and then raising money and find customers is easy if you really like what you do. Your going to get help along the way and people will r...
May 02, 2022•24 min•Ep. 355
Never launch your perfect product, always launch the imperfect product. If you think back to the iPad 1 it only became the product that it is after several iterations. In my personal experience when I wrote the book "abominable secrets revealed" It was only a year since I learned how to type. Prior to joining the Air Force I did not know how to type. I had to figure out how to type 30 words per minute to get through training. The book was published without a ISBN number, I didn't hire a proof re...
Apr 29, 2022•25 min•Ep. 354
Keep talking to people that you don't know that you should know. What I mean by this is that often these technology companies are founded by technologist and they think they know all the answers. But they have to go talk to the economic buyer and they have to understand what the economic buyer is really thinking. So my advice is never stop reaching out to talk to people.
Apr 27, 2022•27 min•Ep. 353
Talk to people. Find out from other people who are doing that work, something similar, what its like. Ask them for pointers, talk to them, engage. Its almost like networking, I guess it is networking. Talk to people who have done it. I thought I knew what I was getting into, and for the most part I did, but there were key elements that I was missing that slowed me down. You may find that the experience wasn't anything like you wanted it to be. You may find that its exactly what your are hoping i...
Apr 22, 2022•30 min•Ep. 351
Branding is everything. People want to do business with people not a logo. That is what I very much stick by. You have to show case who you are as a person, why someone should do business with you, what the culture of your company is. That is what people want to see when they do business with somebody.
Apr 20, 2022•30 min•Ep. 350
Start with the end customer in mind. Figure out who your end customer is going to be and go starting lighting those people up. Because at the end of the day that's who you have to satisfy. So whatever the business deal is just figure out where the end customer is going to be and make sure that through letters of intent or something like that you get a relationship in place. And if you do that you'll be ok.
Apr 13, 2022•33 min•Ep. 347
Remember that everybody sees the world through their own lens. I was using the example of a telescope with somebody and we all have the view that we see and so as you're starting off in business, or even later on in business, everyone's gonna have that amazing piece of advice. So just really take everything in with a ton of gratitude that people in their heart desire to help you. But then recognize that everybody's wonderful piece of advice is from their very focused view, from their experience,...
Apr 11, 2022•26 min•Ep. 346
Really do the homework and hone in on your target market. Research, research, research. You have to be clear and spell out your value proposition.
Apr 08, 2022•21 min•Season 1Ep. 345
Don't get ahead of your skis. Don't think your idea is so great that you're going to bet the farm on it. First of all, you need to make sure that your business model is solid and the best way to do that is to try it out in a small scale. You find a small venue like a restaurant or any kind of a franchise, you build one and make sure that it works, and I don't mean just hope it works. Run the numbers like I did with that first gift shop. I knew how much my CD's cost, I knew how many I sold and ho...
Apr 06, 2022•27 min•Ep. 344
Have a good plan. Because I pulled a little bit of a TF2, if people know that video game, where one of the characters asks a support, are you sure this will work and the support replies I have no idea. I just had the idea and then just punched through it really. I just kept punching through it until things started to mold together. If you can sit down and give yourself some time in the day to give yourself a couple hours to look up business establishment. Understanding your company mission, your...
Apr 04, 2022•19 min•Season 1Ep. 343
Find the best solution for every problem. Read professionally or personally. There's a saying of mine, figure out the solution the very first time otherwise you have to figure it out again and again until you master it.
Apr 01, 2022•22 min•Season 341Ep. 342
