Multiplier Mindset® with Dan Sullivan hosted by Dan Sullivan and Strategic Coach
Nicholas Schwarz became an entrepreneur because he was lacking the Four Freedoms of Time, Money, Relationship, and Purpose. Now, Nicholas runs a company where he helps his clients expand those Four Freedoms for themselves. In this episode, Nicholas shares how he’s gone from working in a job he didn’t like to becoming a happy entrepreneur.
Here’s some of what you’ll learn in this episode:
Show Notes:
Entrepreneurs become entrepreneurs for the sake of freedom.
The real freedom that allows all the other freedoms to happen is being able to control your time.
Strategic Coach® members have the ability to actually arrange their life the way they want it.
The Freedom of Money isn’t the most important freedom.
Risk is always perceived as something negative, while uncertainty gives the possibility of something positive happening.
Sometimes, we stumble on rocks we put down ourselves.
Entrepreneurs who use Strategic Coach tools carve out a lot of time for themselves.
The Strategic Coach community is very helpful both as a sounding board and as an emotional support group.
Being your own boss has pros and cons, but the flexibility is worth it.
What you do as an entrepreneur is sometimes very lonely.
Talking about your entrepreneurial successes and challenges resonates more with someone who’s also gone through the whole process.
Resources:
Article: “The 4 Freedoms That Motivate Successful Entrepreneurs”
Who Not How by Dan Sullivan with Dr. Benjamin Hardy
Article: “What Free Days are, And How To Know When You Need Them”
Joe Stolte is an entrepreneur working at the crosshairs of marketing and artificial intelligence. His company, Daily.ai, uses machine learning to help thought leaders and small brands build AI-automated email newsletters. In this episode, he explains how his company supports clients in achieving business success and talks about the business lessons learned from his company’s early days.
Here's some of what you'll learn in this episode:
Show Notes:
When it seems everything out there is negative, what grabs your attention is the stuff that’s positive.
It’s a win-win to partner with people who already have a marketplace of your potential clients.
An entrepreneur doesn’t have to be the one with the idea.
If you focus only on customers that are a good fit for your company, they’ll refer you to other people.
ChatGPT has given people a taste of the exponential power behind machine learning and AI.
If you get your clients their desired outcomes, the outputs don’t really matter.
During tough times, you have to manage your expectations.
You know you always need to get better, even during good times.
Ads almost always get less than 50% conversion.
Anything in excess becomes its opposite.
Links:
Who Not How by Dan Sullivan and Ben Hardy
Lisa Larter has a strategic marketing firm, providing consulting services around strategy and business advisement. Like many entrepreneurs, Lisa started off thinking she had to do everything herself. In this episode, she shares the wisdom she’s gained from using her growth mindset to gain continual business success.
Here’s some of what you’ll learn in this episode:
Show Notes:
The entrepreneur’s main capability is vision.
There are many talented people who don’t have a purpose or a vision for using their talents.
A lot of people understand sales and profit, but they don't understand cash flow and the timing and movement of money.
Meet as many of the right people as you can that you want to do business with.
People should aim to have a baseline—a certain amount of cash they want to carry in their business—and do whatever they can to avoid going below that number.
Entrepreneurs want freedom in their lives. And money buys you freedom.
Every entrepreneur needs some type of mentor, coach, or advisor that they can talk to when they have difficult things going on.
You will cap your potential if you don't learn how to lead and build a team.
If you’re entrepreneurial and you have a dream, it doesn't matter what your background or education is.
Resources:
Judi Paré is a real estate developer dedicated to building affordable homes. When Judi began her entrepreneurial journey, she didn’t know what boundaries to set in order to maximize her productivity. In this episode, Judi shares some of the changes she’s made, and the business success and growth she’s achieved as a result.
Here’s some of what you’ll learn in this episode:
Show Notes:
There is massive a shortage of homes across Canada, especially affordable homes.
Strategic Coach takes a resource called an entrepreneur from a lower level of productivity to a higher level of productivity.
In order to grow the company, you have to free up the entrepreneur.
In most cases, when an entrepreneur is stuck, they’re approaching their role as though they work for a corporation.
It's important to step away from your business because when you come back, you're able to be so much more productive.
The important ideas that come out of Strategic Coach workshops don’t necessarily all happen in the workshop room.
You’re never too old to learn.
Right now, in Hamilton alone, there are up to 8,000 people waiting for suitable housing.
People want to live where they work and people want to buy homes where they work.
Resources:
Book: Who Not How by Dan Sullivan and Dr. Benjamin Hardy
Blog: What Free Days Are, And How To Know When You Need Them
Blog: The 4 Freedoms That Motivate Successful Entrepreneurs
Business coach Dan Sullivan and marketing and advertising geniuses Joe Polish, Dean Jackson, and Mark Young have all been friends and business colleagues for years. Now, they’re teaming up as the Super Partners for a very special podcast episode where they talk about what marketing really means and provide examples of elegant ideas that entrepreneurs can use to better engage their audiences.
Here’s some of what you’ll learn in this episode:
Show Notes:
Everyone who has a business is going to have to do marketing and selling.
One elegant idea is worth more than 1,000 semi-good ideas.
Perfect has become the enemy of good.
Anything you put in front of somebody is marketing.
Only the hungriest fish snap at the crappiest bait.
Once you figure out marketing, it's the ultimate leverage.
Marketing is the aggregate of all the steps you take to go from somebody not knowing you all the way to them being engaged in a relationship with you.
Once you figure out a marketing algorithm, it works again and again.
You can create control in your future if you learn how to put a message out there that causes people to want to give you money.
There are businesses that die of starvation, and there are businesses that die of indigestion.
The average person receives between 5,000 and 24,000 advertising messages daily.
Part of sales is just connecting with someone.
People don't buy from you because they understand what you do. People buy from you because they feel understood.
Dan’s definition of selling is getting someone intellectually engaged in a future result that's good for them and getting them to emotionally commit to take action to achieve that result.
Resources:
Video: “Is Selling Evil?” by Joe Polish
Who Not How by Dan Sullivan and Dr. Ben Hardy
The Gap And The Gain by Dan Sullivan and Dr. Ben Hardy
10x Is Easier Than 2x by Dan Sullivan and Dr. Ben Hardy
Up until six or seven years ago, Nikki Fraser’s career consisted of working in large banks. Now, she’s an entrepreneur. Nikki and her husband, Dan, run a company called NextKey Services that provides small and medium-sized businesses with all of their outsourced finance needs. In this episode, Nikki shares what’s allowed her to make the biggest impact she can as an entrepreneur while having the personal life she wants.
Here’s some of what you’ll learn in this episode:
Show Notes:
If something is going to be successful, it requires total commitment.
You have to be committed before you have the capability. And that requires courage.
Corporate America, as most people experience it, is not for entrepreneurs.
Entrepreneurism means that you're using your own Unique Ability® to create Unique Teamwork that produces really unusual value.
It's important to be okay with not having all the answers.
It’s okay if something you try out doesn’t work. Keep trying.
Finance isn’t a compliance; it's something entrepreneurs or business owners can use as a strategic asset in their business to grow and transform.
You can pass on wealth to your kids, but passing on the right mindset is more important because then they can retain the wealth or even build their own.
It’s important to have time to turn off.
Being in a safe space with supportive, encouraging, like-minded individuals really gives you more confidence.
As you keep using a Strategic Coach thinking tool, it gets easier and easier.
Resources:
The 4 C’s Formula by Dan Sullivan
Article: The 4 Freedoms That Motivate Successful Entrepreneurs
Who Not How by Dan Sullivan and Dr. Benjamin Hardy
Ann and Sunny Sheu are not only life partners, they’re partners on their entrepreneurial journeys. With their business, Mpowered Families, they help high-achieving entrepreneurial couples to be as intentional about their family lives as they are about their business lives. In this episode, Ann and Sunny share what it’s like to be in business with the person you’re married to, how they apply business lessons to their personal lives, and the benefits they get from business coaches and fellow members in The Strategic Coach® Program.
Here’s some of what you’ll learn in this episode:
Show Notes:
If you want to change your behavior, you first have to change your mindset.
Many entrepreneurs don’t create the time and space to do for their families what they do for their businesses.
Your family is the most important team in your life.
When your family life is strong, then you have the space to give your all to your business.
To build a great family life, you have to first do the work on yourself.
What often happens in families is that people bring a very diluted version of themselves to the table.
If you can’t clearly articulate what you want out of life, you won’t know how to ask for what you want.
Once you're clear about who you are individually, you and your partner can come together and create a shared vision.
It’s not always easy for a couple to have an aligned vision for their family, but there are always commonalities.
Very rarely do people think a decade ahead for their personal lives.
Resources:
Article: “What Free Days Are And How To Know When You Need Them”
Article: “The 4 Freedoms That Motivate Successful Entrepreneurs”
Article: “The Importance Of Collaboration In Business: Leveraging Who Not How”
From the age of 12, Molly Thompson knew she was different. She looked at the world differently and thought about the world differently, too, and it caused no shortage of problems. Now, she is the CEO of Perrysburg Energy Solutions, a company providing organizations—and communities—with compelling, mission-driven energy solutions. In this episode, Molly shares how she learned to embrace her uniqueness, the driving force behind her business success, and how her current project became a massive community collaboration. She also reveals how, through Strategic CoachⓇ tools and community, she learned to trust her intuition, think 10x instead of being limited by self-doubt, and turn perceived obstacles into opportunities. Tune in to learn more about embracing individuality and staying true to your vision as an entrepreneur!
Here’s some of what you’ll learn in this episode:
Show Notes:
Molly knew from age 12 that she was an entrepreneur at heart, seeing the world differently than others.
Successful entrepreneurs often have a sense of being different or not fitting into traditional molds from a young age.
This early recognition of their distinctiveness can be a driving force behind their entrepreneurial endeavors.
It also helps them develop unique capabilities very early in life— and often makes them unemployable as a result.
Young people are often pressured to conform and be like everybody else, but successful entrepreneurs learn to tune out the noise.
The biggest danger for an entrepreneur is boredom.
An ideal is like the horizon: you can never reach it.
It's a lot easier to ask for a million dollars than it is to ask for $200,000.
There’s value in taking a step back and thinking about things.
Obstacles are simply opportunities for growth and transformation.
Resources:
Book: I Am Diva!: Every Woman's Guide to Outrageous Living, by Molly Thompson, Elena Bates, Maureen O’Crean, and Carilyn Vaile
Book: The Gap and the Gain, by Ben Hardy and Dan Sullivan
Book: 10x Is Easier Than 2x, by Ben Hardy and Dan Sullivan
The Strategic CoachⓇ Signature Program
Greg Griffith has been in risk management and risk control for 38 years. For the past 11 years, he’s been a member of The Strategic Coach® Program, an experience he’s found “life changing and game changing.” In this episode, Greg shares some of the invaluable wisdom he’s gained from Strategic Coach® and why his entrepreneurial life is easier now.
Here’s some of what you’ll learn in this episode:
Show Notes:
Entrepreneurs need to have a life partner who gives them total support for what they’re doing in their entrepreneurial life.
For some entrepreneurs, the easy part of their lives is the day at work, and the tough part is the night at home.
An entrepreneur’s best relationship has to be the one that they have committed themselves to for an entire lifetime.
Trying to go through Strategic Coach when the person you're in a relationship with isn't buying into the Program can be a struggle.
The approach in Strategic Coach is that your entrepreneurial life is your entire life.
Only about 5% of the working population ever has the commitment and courage to go out and face the marketplace straight on.
If entrepreneurs don’t succeed, they don’t eat.
Before seeking a partner, get your thinking straight on what makes someone a person you want to be in a relationship with.
Resources:
Article: “What Free Days Are And How To Know When You Need Them”
Your Life As A Strategy Circle by Dan Sullivan
Thinking About Your Thinking by Dan Sullivan
The Unique EDGE® Program for 18- to 24-year olds
Article: “The 4 Freedoms That Motivate Successful Entrepreneurs”
Deep D.O.S. Innovation by Dan Sullivan
Ken Robinson had a certain idea about how to be a more valuable financial planner than most. And when he couldn’t find anyone to hire him to do it, he created his own opportunity. In this episode, Ken shares the business lessons and entrepreneur ideas that led him to his success in holistic financial planning, and what’s allowed him to bring the greatest value he can to the right type of clients.
Here’s some of what you’ll learn in this episode:
Show Notes:
The educational system was designed to make you well-rounded, which means you divide your efforts instead of focusing exclusively on what you like doing and what you’re great at.
It’s possible to get somewhere even if you don’t know what the map looks like.
Your next step requires you to do things you don't know how to do yet.
There are always going to be ups and downs in the economy.
When you get rid of the clients that are a bad fit, you have more energy for your other clients.
An entrepreneur can outsource the assembly of their team.
It’s okay for you to want to improve your experience as an entrepreneur.
You don’t need an advanced degree to understand Strategic Coach thinking tools.
It takes insight to say, “Let's not make this any more complicated than it needs to be.”
Resources:
The Four C’s Formula by Dan Sullivan
Article: The Four Freedoms That Motivate Successful Entrepreneurs
The Gap and the Gain by Dan Sullivan and Ben Hardy
Almost 31 years ago, 18-year-old Max Emma immigrated with his family to the United States from the former Soviet Union. Now, Max is the CEO of BooXkeeping, a bookkeeping franchise organization operating in the U.S., with offices in Europe, and the Philippines, with plans for expansion into South America. In this episode of the Multiplier Mindset Podcast, in a story that stands testament to the power of entrepreneurial resilience and drive, Max shares how he went from bankruptcy to business triumph, and the many lessons and insights he learned along the way.
Here's some of what you'll learn in this episode
Show Notes:
The ties between North America and South America are going to be a growth opportunity as we go forward over the next 25 years.
Speaking English is an important entrepreneurial skill in the United States.
What seems like a failure might actually be the beginning of the next step.
When you don’t grow, you die.
Entrepreneurs need to give up doing what isn’t their job.
It’s important to keep investing in coaching because you don’t know what you don’t know.
If your team members are successful, you’re successful.
When someone gives you a tool, consider it sooner than later.
The sooner you join an organization like Strategic Coach®, the sooner you can become successful and take your company to the next level.
Links:
Your Business Is a Theatre Production: Your Back Stage Shouldn't Show on the Front Stage
The Gap and the Gain by Dan Sullivan and Dr.Benjamin Hardy
Time Management Strategies for Entrepreneurs (Effective Strategies Only)
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