The Hustler’s Handbook: Insights From Successful Entrepreneurs #MakingBank #S8E16

Welcome back to Making Bank. On today’s episode, we have a compilation of previous episodes with Kevin Harrington, Greg Rollett, Mitch MIller, Jack Davis, Nicholas Kusmich, Pat Flynn and Warren Phillips and in this episode you will hear tips and tricks from top entrepreneurs about the guide to success.

 

(2:18) Kevin Harrington

You don’t have to always hire and employ experts in your company. You rent them as well, especially if finance was an issue. You can also partner up with many different companies, get them to invest in your company. This way you can concentrate solely on the business development and creative stops.

 

(6:26) Greg Rollett

The moment you post things online, you need to remember that you are your own media brand. People will see what you do, and get to know about you or your business. Therefore, the fundamental principle that everyone needs to get is that you are a media brand. You need to own that and you need to be constant and consistent.

 

(11:24) Mitch Miller

Having a consistent life cycle that is disciplined is way better than trying to do many things daily but failing to commit. If you go to the gym, showing up at the gym everyday is more important than the workout plan you are trying to come up with daily. That is why having a healthy, habitual and disciplined life is your best method for success.

 

(15:33) Jack Davis

Having the right team is the most important and crucial thing in an entrepreneurial environment. As an entrepreneur, you need to understand that you cannot do everything on your own. You will need experts who will help you. You need to let go of any ego that you may have and create a team that will really boost the business.  

 

(18:53) Nicholas Kusmich

The biggest challenge for every business person is going to be the initial stages. You will face a lot of issues regarding building your team up, building your career, taking care of your taxes, maintaining a proper clientele. All of these will be very difficult at the beginning but if you persevere, success will be waiting for you around the corner.

 

(23:00) Pat Flynn

Be careful with how much you price your products or how much you charge for your services. When you first started you may think that cheaper is better but many people will overlook your product just because of how cheap it is. Cheaper is not always better. Make sure you price yourself appropriately.

 

(29:31) Warren Phillips

Make sure you believe in yourself and your team. Insecurities can really ruin a lot of things in your business. You need to wire yourself differently. You need to remember you are there to create something. To be someone. Your mindset needs to be strong. You need to be the source of power for your team. Remove all insecurities you have and just concentrate on your journey.

 

Links:

@realkevinharrington 

@gregrollett 

@themitchellmiller 

@nicholaskusmich 

@patflynn 

@nontoxicdad