The 10-Minute Entrepreneur
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There are 20 MAJOR startup mistakes that small businesses and business owners make that are major glaciers to their Titanic. Today I will be going through the first 10 BIGGEST startup mistakes!
Seven major roadblocks stop people from starting a business. In today’s podcast, Sean shares seven reasons why people don’t start businesses and breaks down those barriers. Don’t let these roadblocks block you from living an amaziong life as a successful entrepreneur.
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Being broke sucks. Today’s bonus podcast is taken from a live talk given to a college audience about why being broke sucks, and ways to avoid it.
How do you choose the right business? In today’s podcast, Sean shares the different ways he chooses the right business to start. This are ways that anyone can use to start their own business today!
Are you able to build a group of loyal followers for your business? Delivering on promises, exceeding expectations, and providing the highest quality of service are strong ways to create loyal followers for your business.
This podcast will share with you 8 simple yet powerful phrases you need to have in your leadership vocabulary to recruit, retain and motivate key team members.
Why be an entrepreneur? What are you “why”? I know I can think of multiple reasons to be an entrepreneur, and I hope you can find these reasons valid and valuable as well.
How do the Patriots always have the best quarterbacks? That is because Bill Belichick looks for people, not talent. In your business, look beyond what a person can produce for your company and look at the person and their intangibles and other skills.
Do you take time in your day to think? Thinking and finding time to think and innovate, brainstorm, and think through challenges you may be facing is crucial.
As entrepreneurs, we can be tempted to say yes maybe more often than we should. In order to really be focused and successful, you may need to say no many many times. Just because you may be able to do something, should you?
Forget the big idea. Take action on a good idea. Too many people don’t move forward with a business because they are waiting for the big idea. None of Sean’s businesses have been the big idea, but they make significant profit. Your good ideas can make you money without having to be the big idea.
You can talk about getting things done but eventually you have to actually get things done. Sometimes life forces you to have to gain additional income. Sean shares five great times to start a business in the relaunch of this podcast.
Sean interviews the CEO of GoBundance, Dirk van Reenan. GoBundance is a group of millionaire entrepreneurs focused on authentic relationships and accountability. They are “the tribe for healthy, wealthy, generous men who choose to lead epic lives.” Who are you spending time with?
Sean shares the things he learned in September 2019. As an active business owner he learns something new and shares these things in this podcast. This month covers second chances, when to say no to taking on a client and when a call may be better than a text.
In this relaunched bonus episode Sean shares how to develop a method for operating your business. As an entrepreneur have you established guiding principles for your business that will inform making decisions without delay. Develop your own methods of operation.
Sean discusses examples of businesses that have disrupted the marketplace and culture. The people that come up with big ideas deserve to be billionaires. Encouragement for entrepreneurs to go for it when it comes to disruptive ideas.
Sean encourages entrepreneurs to be intentional with the culture they create in their businesses. To build a great culture in a company, the business owner must decide the culture, hire for it, talk about it, reinforce it, reward it and promote it with management.
Sean continues the “how to” when building a company with direction. In this podcast we look at the vision statement. The vision statement portrays the ultimate version of what the company can become. Sean shares several examples of vision statements. What’s yours?
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If you pay peanuts you get monkeys. When there is an expertise or experience that you lack, consider laying out the big money for the right person. When someone can take your idea or your business further and/or faster, bring that person on!
Sean continues to share what it means to build a company with direction. The importance of a value statement. What are your core values? Develop and communicate your company’s culture.
You have to be careful with cash only businesses. This limits credibility, growth, credit, and more. Don’t fall into the trap of a cash only business.
Here are some tips for an effective staff meeting. Who is leading it? What was the purpose? Cover time-sensitive material, follow ups, assignments, long-term goals. No meetings just to have a meeting.
Sean shares on building a company with a direction. Too many entrepreneurs focus on the start and the survival of their business and never actually plan the direction of their business. Establish the north star for your business starting with your mission statement.
Money is not always the motivator. It could be faith, family, or flexibility. From the very beginning try to understand what motivates people. In order to help people grow and expand their capacity, you have to know what motivates them.
Be the bridge. A bridge takes you from one destination to another and it takes you over an obstacle. Consider being a bridge for people. Giving in this way will always help you grow.
Avoid these death moves to stay in business for the long haul. Going all in may sound good until you lose it all. Be a speedboat not a cruise ship when you start. Be careful with partnerships.
Sean shares the calculated risks he made through the years. It’s not luck. He has used partnerships, strategic real estate purchases, paying for talent, and re-branding to start and grow his book of businesses.
Sean interviews entrepreneur Marisa Mergatroyd of Live Your Message. Marisa helps people grow their businesses in radically different ways through her system. She helps content creators get 10X to 30X engagement. Learn more and get access to her free offer for listeners of this podcast!
In this podcast Sean interviews successful entrepreneur Jennifer McCune of the Mompreneur Next Door. Jennifer shares what motivates her to be successful and how she became a top earner in her direct sales business.
Sean distills thinking down to these 11 thinking skills that great entrepreneurs have in this final podcast of this 3 part series.
Whether you are interviewing people to work for you or may be interviewing for a job yourself, here are the top qualities to focus on. Based on hundreds of interviews over 20 years as well as conventional wisdom in the job market, Sean shares his tips for “the perfect interview.”
Sean shares a personal experience of a failed attempt to book an event at a local hotel. That exchange inspired this podcast which brings to light several ways to improve the buying process from your company. Remove friction and increase sales.
Sean continues to drill down on the the mindset of entrepreneurship. To be a success entrepreneur you must develop focused thinking, more targeted. Critical thinking is necessary as well as collaborative thinking.
Sean shares how customer complaints can be your best friend if you use them correctly. Emails and texts should be avoided if possible. Acknowledging the issue within 24 hours, schedule a meeting within 2 days, let them talk, suggest a solution and then follow through within a week. You can make a fortune by making customers happy.
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What’s wrong with people today? They simply don’t think! Entrepreneurs need to learn how to think. Sean shares the 11 ways an entrepreneur should be thinking in this two part series.
Sean shares 5 tips for choosing the right business to start. These specific keys will unlock countless opportunities no matter where you live. Using these short cuts for what to look for in an area will save you valuable time and capital.
Too many small businesses just seem to run to survive. In this podcast, Sean teaches some of the reasons why companies don’t set goals. They may lack vision or leadership. Sometimes they don’t want to invest in the critical thinking required to measure and carry the goals out.