It can be hard to find great guests for Hardcore MBA sometimes – people who have walked the walk rather than just talking the talk. So I’ve been looking forward to having Dan Pena on the show since the day we arranged it, because he is the definition of walking the walk – after all, not many of us have been successful enough to take up residence in a Scottish castle. Dan called in to talk to us about the secrets of his success and the mentoring he does for others.
In this week’s podcast, Dan and I discuss:
- The importance of learning through failure, rather than fixating on success.
- The need to focus on filling our emotional bank account with self-esteem.
- And the benefits that come from getting a mentor who will force you to take action.
Evan Carmichael is one of the biggest names in entrepreneurship today. He’s been featured in global publications like the New York Times, Forbes, and The Wall Street Journal. And he is the dictionary definition of a guy who walks the walk as well as he talks the talk. He’s worked in software entrepreneurship, venture capital, and online marketing, and he’s here today to tell us what he knows.
In this week’s podcast, Evan and I discuss:
- The importance of learning from the successes (and the mistakes!) of the great businessmen and women of the past.
- The difference between people with a passion and those who are only in it for the money.
- And the need for constant experimentation and innovation.
A lot of the guests we have on Hardcore MBA have been entrepreneurs for many years now, and have had the time to build established, successful businesses. They have a lot to teach us about how to create a freedom lifestyle, but it can sometimes seem a long way away if you’re just starting out.
Today’s guests, Øyvind
Dahl, is a little different. He’s at the beginning of an entrepreneurial journey, but he isn’t afraid to use what he has to live the life he wants – and he’s proving that you can start enjoying yourself before you make your first million.
In this week’s podcast, Øyvind
and I discuss:
- The courage and risk-taking spirit it takes to move to a different country on a minimal income.
- The importance of finding an information marketing niche that will bring in customers and followers.
- And how Øyvind got started through a viral video, and the kind of content that can do the same for you.
One of the worst possibilities in the world for me is for things to be one-dimensional. Sure, we all want to make money, build better outsourced teams, and improve our sales techniques – but you can’t spend all your life thinking about business. That’s not balanced – it takes away the whole point of being an entrepreneur, which is the freedom to work on yourself and to spend time away from the stress of work.
That’s why this week I’m chatting with Lak Loi, who seamlessly combines the world of work with a passion for personal development of a unique kind. Lak is actually an instructor of Jeet Kune Do, the martial art from that Bruce Lee developed, and is one of the few remaining instructors to have a direct lineage back to Bruce himself.“Be patient like water – water just flows, and it takes thousands of years to erode beautiful shapes into cliff faces, but it gets there eventually, it doesn’t rush.”
Wanting to find out a little bit more about how other entrepreneurs use dropshipping to build their own freedom, I got in touch with a good friend of mine, Bishop Stewart. It turns out, his method of dropshipping is even simpler than the one I use. “When I started out, I was trying all sorts of different approaches to making money online,” Bishop told me over the phone from Los Angeles. “but none of them were really working for me. They all required too much overhead, too many fixed costs, which I was trying to avoid. And then one day a friend of mine introduced me to the idea of dropshipping and put me in touch with another of his friends who had made millions of dollars doing it. From that point on, the simplicity of it had me hooked, really.” [Read more…]
Some people take a while to learn the ins and outs of entrepreneurship, and slowly adapt themselves to the way of life of the freedom business owner. For others, it comes more naturally. But it very rarely comes as naturally as it did to Sukhi Wahiwala, who was a millionaire business owner by the age of 21. Sure, it helped that he came from a long line of hardworking businesspeople, but making a million before most of your peers have even finished university isn’t something you can chance. That’s why I called Sukhi into Hardcore MBA to discuss the secrets of his success.
In our talk, Sukhi and I discuss:
- The importance of remaining present and aware in all decisions about money, and Sukhi’s ‘traffic light’ system for deciding if an investment is the right one.
- The need for discipline and the nurturing of the mind in order to be a top entrepreneur.
- And the use of ‘DISC’ profiling to make sure your team is well balanced and can achieve what you ask of it.
It’s not every day you get to talk to a million dollar party girl, but that’s exactly what Lynn Bardowski calls herself – check out her website here
. Lynn’s been an entrepreneur for over twenty years and is at the absolute top of here game – only 5% of all businesses in the US make more than a million dollars a year in revenue, and that number is even smaller for solo female entrepreneurs. Lynn is one of those people. Well, I always say, if you’re going to get advice, get it from the best.
Things can be tough for new entrepreneurs, and even tougher for women who are entering a traditionally male sphere – how did you find that? “It is hard at first, especially if you’re coming from having a job and all the security that gives you. It hurts your ego to let that go. And even your own family members might not support you because they get some of their own ego from your position – but you just have to be yourself, if you do that you’ll attract the right people, the people who get you.”
To find out more about how information marketing works in practice, I got in touch with one of the undisputed kings of the industry, Mark Anastasi. Mark is the New York Times best-selling author of The Laptop Millionaire, a book that I strongly recommend for anyone looking to make money and give themselves a more positive mindset. When I talked to him he was in Slovakia, and getting ready to head to the Maldives for his honeymoon – “you have to go and see them before they sink into the ocean,” he noted. [Read more…]
For a different take on how information marketing could work I also reached out to a guy I’ve been working a lot with in recent months, Steven Essa. Steven is an absolute genius when it comes to using webinars for businesses, so I figured he’d have some important insights for us.
So for someone looking to use webinars in their info marketing business, how should they go about it? “It’s fairly simple – you have useful information to give to people, so you put it together into a PowerPoint presentation and market it with strong hook, something like ‘how to make $10,000 thanks to blogs’. Set it up on either GoToWebinar, which is $99 a month, or even just in Google Hangouts, and invite people from your list to attend. Then go through the content step-by-step, and make an offer at the end.” [Read more…]