Stop looking to other industries for your next business idea. Take a look at what you are good at and then create a service based business around that. Today, a lawyer asked a question on how to create supplemental income... her next million isn't far away!
All sorts of news and updates today! Bootcampers, this is a must listen!
There are three distinct categories that an entrepreneur falls into. 1.) technician 2.) sales manager 3.) CEO
90% of business fail because the owner stays in the first category
Are you needing advice for hiring your first employee? Do you need workers only temporarily or during your busy season?
Do you have ebbs and flows in revenue, sales, or customers? Learn how to effectively manage your key employees and expand into new areas of business. Buying or starting a completely new business in a different industry is an option, as well as branching off into new areas of your industry that complement your current offering.
What caused the "Great Recession"? What causes bubbles, slumps, bears, and bulls? The her mentality. Everyone doing something because everyone else is. It makes no sense and will lead to financial ruin. Be a trend setter, be an entrepreneur.
Have you ever asked the question, "What business should I start?" If so, this episode is for you. Mike tells you to focus on the WHY of entrepreneurship and less on the HOW. He gives the major key to the success of ANY business -- SALES. Sales trumps all!
We made it to EPISODE 100! Today, Beth writes in a question about her dental website that is geared to saving dental practitioners time and money. Learn how to create an online video course and profit from it!
How do you retain your brand image without alienating the low-price shoppers? Apple does it with iPhone and Macs. You can too! Mike shows you how to use the good, better, best model to make your products more appealing online.
Big news today on the show! Also, Mike is starting a journey into monetization of the podcast. He shares the DO's and DONT's of creating an audience and hopes that you can learn as he grows the podcast and begins to make a profit from it.
Have you ever gone paddle boarding? Probably the most relaxing thing to do in the world. But how do you make a profitable business around it? Mike digs into the details with a listener and shows how to scale the company.
Starting a blog or online info site for revenue can be a great means for passive income. Mike shows the best way to start one and says that the WHY is more important than the HOW of making money in a business.
A struggling photography gets advice from Mike on how to avoid cheapskates and get back to creating massive value for clients. Anyone can learn from this episode on how to raise prices and increase the perceived value of your product or service.
The title is a total joke. There is no such thing as free money that just drops in your lap. However, passive income is what we are talking about here. Mike briefly goes over different types of passive income and talks about how this important for entrepreneurs as their investment strategy matures.
Hate your job? Want to create your own business and take the entrepreneurial plunge? Mike tells you the steps to doing this over the course of the next 6 months. Following these steps will ensure the business succeeds and you don't go hungry in the mean time.
Today Mike checks in and tells listeners what he has been up to. He talks about his book launch that is coming up and shares some insight on standardization that is key for growing businesses to implement.
The small business owner MUST learn how to juggle! Not bowling pins or balls but all the facets of their business.. from marketing, to sales, to HR, to web design, to PR, to finances, and on and on. Mike tells you how to grow your business and offers the skills needed to juggle like a pro!
Think you are too old, too fat, too poor to start a business? Think again and listen to the show today! Steve wrote in and Mike gives his advice on starting his own compost collection and distribution company.
This is just a heart-to-heart talk from Mike as he shares what is going on in his businesses and what he is learning as we grows his entrepreneurial career.
Mike got a question from a listener of the podcast and regardless of what industry you are in this is a value bomb! The last 5 mins are power packed and full of inspiration. Learn how to assess a businesses situation from a high level and then make a critical decision.
Do you have a growing business but also a side gig or startup that you are working on? Feel stressed, overworked? Mike is going to tell you how he manages and runs multiple businesses and how you can do the same.
How do you grow a small business? How do you scale it to become larger, more profitable, and efficient? SYSTEMS. Creating systems and procedures is important in developing a successful business and Mike shows you the areas of your business that must be systematized.
Today Mike takes a question from a listener that wants to start a cafe/coffee business. But how do you compete against Starbucks? How do you carve out a niche when you got the big hitters all around you in a crowded market?