Chronicles Of Entrepreneurial Mastery #MakingBank #S8E26

Welcome back to Making Bank. On today’s episode, we have a compilation of previous episodes with David Lekach, Jason Treu, Ted Miller III, David Wood, Jeff Dudan, David Baker and Jeffrey Madoff and in this episode you will hear tips and tricks from top entrepreneurs about the guide to success.

 

(2:53) David Lekach

Be hyperfocus, be hyper resourceful. Your idea needs to be unique. Your product needs to stand out. If you want your product to have a lasting shelf life, you need to go to retailers with a very unique and creative outside of the box product that way they will sell more and ensure a more permanent spot in their stores.

 

(9:13) Jason Treu

A team is everything. Getting smart people to work together, getting them to come up with new ideas and having a proper work ethic is the most important thing you can do for your business. You also need to build relationships because you need to have people who will support you and be there for you always. 

 

(14:09) Ted Miller III

Having the skills of sales is very important. Learn how to sell or you'll never be able to move up in the world. The major game changer for you is to listen to a trustworthy financial adviser. Learning from someone who can teach you how to sell will really help your business.

 

(20:15) David Wood

Try to develop a good habit in your life everyday. It may take time for you to get used to it but after a few weeks or months, you will soon be doing that easily. Wake up and have something new and productive to do everyday. This will really improve your lifestyle. 

 

(25:04) Jeff Dudan

If you’re not living on the edge, then you’re just wasting space. Out there on the edge is where all the good stuff happens. It’s out there in the margins where risks and rewards exist and you have the opportunity to challenge yourself and work without a net. If you’re too central you’re going to miss every opportunity. 

 

(31:10) David Baker

Everyone can be an accidental entrepreneur. Everyone knows how to do something unique. What most people miss is how to wrap that into a business that can make them money. Know exactly what it is you’re good at doing and then find every possible means to make profit out of it. Never waste your skills.

 

(36:06) Jeffrey Madoff

The key to accomplishing your task is perseverance. As an entrepreneur you are going to face obstacles. You need to overcome the obstacle in order to be successful. Starting a business is very easy, the hard part is trying to keep it alive. You need immense perseverance so that you can push through anything.

 

Tags:

@david.lekach 

@jasontreu 

@tedmiller_third 

@jeffdudan