Success Alchemy: Transforming Entrepreneurial Dreams Into Reality #MakingBank #S8E18

Welcome back to Making Bank. On today’s episode, we have a compilation of previous episodes with Dennis Yu, Nicholas Kusmich, Chris Zaino, Mike Koenigs, Lee Dumas, Yanik Silver and Gene Hammett and in this episode you will hear tips and tricks from top entrepreneurs about the guide to success.

 

(2:39) Dennis Yu

Things take a lot longer than you think. Do not be impatient. Do not listen to the lies you hear about how easy and fast it is to be successful. Learn to pace yourself. Do not be in a rush to finish. Rushing will open up to many mistakes. It is better to take it slow and give your best rather than rushing and just doing whatever you could with the time you allowed yourself to have.

 

(8:06) Nicholas Kusmich

Don’t do things just because it is trending. What works for other people may not work for you. Do things that you are passionate about. Things that you know will lead you to success. Don’t waste your time trying to perfect something you are not good at. It is better to double down on your strengths than to improve your weaknesses. 

 

(10:43) Chris Zaino

The toughest thing in life is to make a decision. When you make a decision you have to stick to it. You do not have an exit strategy. However, if you are just trying things out, you have the option to get out. That is why, whenever you reach a point where you have to make a decision you need to really think about what works best for you so that you can stick to it and commit.

 

(15:40) Mike Koenigs

Transformational stories will answer a lot of questions. You attract people who want to be you when you grow up. So you need to be authentic and live up to that. The more you spend on a tactical note, the more you procrastinate. Try not to spend time on the how and concentrate more on the who.

 

(21:09) Lee Dumas

You need to stand for something. You need to be known for something. Come up with an idea that you are passionate about, and then add value to that everyday. Grow your audience. Find a particular target audience you then commit to them. Be authentic and then keep growing in that field.

 

(24:54) Yanik Silver

Consumers want companies that have a mission, a purpose. Even employers would want to work and be a part of something that has a greater meaning or mission. That is why it becomes extra necessary to really find your purpose and what your mission statement is. When this is sorted out, you are already set for the next stage.

 

(30:28) Gene Hammett

Transition of mindset to create leaders is necessary in growing a company. You need to be very intentional about the culture you are creating which is you, your team and the system that takes to get it done. And if you get all three of these things right, you are going to meet every challenge there is out there.

 

Link:

@dennis.yu

@drzaino 

@mikekoenigs

@johnleedumas

@yaniksilver 

@colehatter 

@genehammett