Category: Blog
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The Most Important Aspect of Leadership
Passing It On – The Most Important Aspect of Leadership By Dr. Myles Munroe
Trapped within every follower is a hidden leader. You may ask, If every follower is a potential leader, then who is going to follow? The answer is the essence of what the original philosophy of leadership was intended to be. Leadership is inherent in the human spirit of every person, but only a minute fraction of the human population ever knows, discovers, believes, or attempts to develop or release this hidden leadership potential. This message will help you to tap into your true leadership potential.
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The Raw Truth about Overnight Success – Ed Mylett
The making of an overnight success revealed! The RAW Truth- with #SethRollins This #WWE SUPERSTAR needs no introduction! He is often referred to as the most talented professional wrestler ever seen, Seth Rollins!
From wrestling his friends in his backyard as a young boy to becoming a Two-Time WWE CHAMPION, the in-between was actually the most critical piece for Seth. In this interview, we talk about the RAW truth about #OVERNIGHTSUCCESS.
We dive deep into what it takes to set your mind to something and relentlessly pursue it, knowing in your heart there is no plan B. When we look at the people at the top we admire, we can forget how many hours, days and years of preparation that went into getting them where they are today.
There is an art to the grind. There is an art to MAXING OUT. In this episode, you will learn what it takes to remain laser focus on your goals with tunnel-like vision and how your own belief system can help you get there. We get honest about what it really takes to become an overnight success, and breakdown the critical steps in-between. You’re about to see a side of Seth Rollins you have never before seen and it will INSPIRE, MOTIVATE and ACTIVATE you to ACHIEVE!
Get to know the story behind the REAL Seth Rollins, inside the arena and out as he reveals what he would do if he lost it all today! This is an interview you don’t want to miss! Everything in life is about the journey, so as Seth Rollins would say, “ENJOY IT.”
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9 Steps To Win
The WINNING Mentality – Motivation
Find out how to turn bad circumstances into WINNING situations and become OBSESSED with achieving your goals. It’s time to take back control and truly get out of life what you deserve! You are worth so much more! You were put here for a reason! This video will help you serve others and fulfill your purpose. Take control and change your identity!
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👑 types of entrepreneurs
Much of the business world is kinda getting carried away with the word “entrepreneur”…
And many are calling themselves an entrepreneur when they’re really not…
AND, not everyone is an entrepreneur, nor should we expect everyone to be.
Free Market Capitalism needs different roles…
AND THAT’S OK!
But –
I wanna share some insights on the differences (because an “investor”, “fast food franchise owner”, or “copy cat” isn’t an entrepreneur).Here follows my small, non-definitive list of different types of business people:
en·tre·pre·neur noun /ˌäntrəprəˈnər,ˌäntrəprəˈno͝o(ə)r/a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. NOTE: the following definitions are purposefully stereotyping
Entrepreneur, VC-Backed:
Own: Partial
Control: Partial
Risk Tolerance: Highest
PERSONAL Cashflow Level: Moderate until an IPO, if it happens
Time to Personal Cashflow: Once funded, immediate
They’re a creator, imaginary, disruptor, truly new Eg: Entrepreneurs that take cash on Shark Tank. I’m very against this. It’s freaky. I want the market to give me my paycheck when I’m selling something of worth, and not before that.Entrepreneur, Non-VC Backed:
Own: Full
Control: Full
Risk Tolerance: High (less likely to lose their shirt if it fails, they own it all)
PERSONAL Cashflow Level: Low for a while, then grows big
Time to Personal Cashflow: Soon after traffic is consistent
They’re a creator, imaginary, disruptor, truly new, and a bit more scrappy than the VC-backed chaps. Requires moderate skills in marketing and sales.
Eg: Steve Jobs(He tried to get financing but was turned down. So he sold his car for $750 and Steve Wozniak sold his calculator for $500. Get after it)
Eg: Russell Brunson(He used funnels to sell funnels (imagine that, a product of his product) so his own money wasn’t at risk. Get after it)Business Owner, Copy-cat:[not an entrepreneur]
Own: Full, dependingControl: Full
Risk Tolerance: Moderate (but they’re just copying someone else)
PERSONAL Cashflow Level: Moderate, they didn’t create anything
Time to Personal Cashflow:
They’re usually not very creative. They can make good money “hacking” all the time but I’ve found those that stay there usually remain worried about money. It’s not that they don’t make money, they just constantly need to see what others are doing so they know how to act next, which takes focus off their own creativity, so they stay in a “hacking” loop.
Eg: Any product that was ‘second’ to a market or off-brandBusiness Owner, Franchisee:[not an entrepreneur (includes all working under commission)]
Own: Yes
Control: “Yes” (but it’s an illusion, so no)
Risk Tolerance: Low
PERSONAL Cashflow Level: Low
Time to Personal Cashflow: Slow, with little ‘perks’
Franchise Owners, in my opinion, are most desperate to be included as an entrepreneur. They are stuck in a business model that focuses their role solely on the product and operations, not actual marketing as it’s out of their hands. They bought a job and ‘entrepreneur’d’ nothing. The original builder was the only entrepreneur here.
Eg: Practically any fast food chainInvestor:[not an entrepreneur]
Own: Depends if it’s an equity, asset, or cashflow deal
Control: Depends how the business was valued and what type of contribution the investor is making (cash, talent, assets, relationships, etc)
Risk Tolerance: Low
PERSONAL Cashflow Level: Willing for low, but secure, with big exit plan
Time to Personal Cashflow: Usually needs cashflow back regardless of business health
It’s the other side of the “Entrepreneur, VC-Backed” coin. I have no problem when someone chooses to take on an investor to move faster, but only AFTER the market has said yes to them by paying the business lots of cash. An investor doesn’t have the option of simply giving cash. I’ve heard investors say that the only time when their investments in existing companies has worked well is when they’re personally involved (not a fund-and-dash), or there’s a brand new talent brought in for the company.
Eg: Warren Buffet (who kinda ‘entrepreneur’d’ his style of investing)
