A Conversation with Joseph Warren and Joe TroddenYour definition of "business mindset" will determine whether you SUCCEED OR FAIL at entrepreneurship.
Don’t take this lightly, Startup Nation. Mindset isn’t a yoga pose or an Instagram post with the sun coming up. Mindset isn’t about hustling yourself to death. Don’t think you can repeat a few mantras in the mirror and then see personal and financial growth. A true business mindset comes down to “how you perceive the world and react to it.” That’s how my recent First 100K Podcast guest, Joe Trodden, defines it. Your business mindset involves “leadership, communication style, appetite for risk, all wrapped up into your neural networks.” Basically, the choices you make and the way you act as a business owner are deeply connected to the way your brain is wired. Joe provides a simple formula: success = depth of understanding of what’s going on in your mind. By understanding your mind, you can change it to WORK FOR YOU, Startup Nation. Here’s how.
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A Conversation with Joseph Warren and Daniel GomezA self-titled “confidence architect,” Daniel Gomez uses his warm, engaging, inspirational talks to transform lives every day. And he is crushing his speaking business!
Daniel was also one of my coaching clients. During our time together, we worked through deep spiritual and mental blocks keeping him from growing his business and making his first $100K. In the beginning, Daniel was unsure of who he was and felt like he always needed to be the loudest, most important person in the room. His talks suffered because of that. But a few months ago I had the privilege of seeing him speak live... Wow! Forget $10,000 a month in speaking fees. I believe he could be making $50,000 EVERY SINGLE MONTH doing what he loves. Startup Nation, you’re probably wondering how you can experience a transformation like this, how you can approach a client and ask for $50,000 a month (and get it). Here are Daniel’s three business tips for embracing a $100K business mindset: A Conversation with Joseph Warren and Chris SalemA few months ago, I had serious pain in my back. It was affecting my mood, relationships, and business. The chronic pain was wearing me down. Before the pain, I was excited to put in that extra hour growing my spiritual coaching business. But with the pain, all I wanted to do was lay down and sleep it off.
I went to a spinal specialist. Here’s what he didn’t do. He didn’t give my a prescription for hydrocodone and say, “Good luck!” NO WAY. That would be treating the symptoms, not the issue below the surface. Even if I didn't feel the pain, my spine would have still been jacked. When you go to a specialist, you expect them to address the root of your health problems. My spine specialist didn't treat my pain, he realigned my back. SO WHY DO WE TREAT OUR BUSINESS PROBLEMS WITH PAIN KILLERS INSTEAD OF SURGERY? An example of business hydrocodone is saying, "I just need more revenue and then I'll turn a profit" or "If my partner was competent, we'd be in the black." Sorry to break it to you, but 99 percent of the time these aren't the true problems. The problems lie inside you, and it's time to get to work. In my podcast episode with Chris Salem, Chris shares his three tips for doing the inner work and making $800,000K a year. A Conversation with Joseph Warren and Reubeena IanigroThis post is for all ARTISTS who want to harness their creativity to make their first $100K. In this post, we show how Reubeena Ianigro started an enamel pin business and crossed the $100K mark in year one.
Before starting her pin business, Reubeena was a social worker who clocked into the office 9-5, Monday through Friday. Every day, people told her what to do, and she had to make sure she obeyed the policies of a slow and confusing government system. It was steady work, but it was CRUSHING HER CREATIVITY. Everything changed when Reubeena gave birth to her daughter. Not only did Reubeena have her own life to think about, she had to think about the life she was creating for her child. She knew she needed to gain a larger perspective on life. This is what she asked herself: “When I thought into the future, whenever I die, and look back on my life, did I do the things I wanted to do?” The answer was “no,” and not long after, Reubeena quit her job and started her pin business. It hasn't even been a year and she’s already made her first $100K. On launch day, she made over $5000. And I know what you’re thinking, Startup Nation artists. You’re thinking, “How can an artist use their creativity and actually make money?” A Conversation with Megan Huber and Joseph WarrenMegan Huber runs a multi-million-dollar business acceleration business, but she didn’t start with success. She began with a personal development business in 2011, and when that didn’t work out the way she planned, she joined an enterprise-level coaching corporation.
For four years, she worked with thousands of coaches. Some made $600,000+ year in and year out. Some could hardly pay their bills. “What was the difference?” she wondered. The difference was that the most successful coaches created communities first and sales second. A Conversation with Joseph Warren and Kimberly LuchtIn 2015, Kimberly Lucht, a successful business coach for women, shaved her head. I guess that’s the sign of a true entrepreneur – a woman who takes risks.
People judged her for the new look – “She must have had a mental break!” But she found it freeing. She spent less time spent washing, drying, and prepping. She spent more time on building her business. She could also say, “I did something most people are too afraid to do.” When I lived in New York, Startup Nation, I spent a day dressed as a homeless person. I didn’t shower for two weeks up to that point. I bought a wig to wear along with karate pants and sandals. I walked into my local bagel joint – where I went everyday – and NOBODY RECOGNIZED ME. All I got were dirty looks and side glances. So, what in the heck does this have to do with business? A Conversation with Joseph Warren and Dr. Erika GrayDr. Erika Gray began her entrepreneur journey by creating a protein bar for her father. She knew he was a carrier of a specific Alzheimer’s gene called APOE, and so she wanted to see what she could do about it. As a genetic scientist, she knew certain proteins could help his condition.
But as we all know, Startup Nation, an idea isn’t a business. After developing the protein bar, Erika started doing consumer surveys to find out how much people would pay. One day, one of her colleagues who was an ER nurse came in to her little satellite office for a survey. Erika handed her a bar and asked, “How much would you pay for this bar?” Her friend said, “I don’t know, it tasted really good, but what’s it for?” Erika explained, “It can help support your DNA and can it might be able to make some impact as to how your DNA expresses itself.” “Hold on! So you’re saying that what I’m eating could change the outcome of how my DNA expresses itself?” Women-focused business conferences are FAILING female entrepreneurs.
Jen DeVore Richter, a popular conference speaker and my guest on Your First 100k Podcast, just can’t believe the typical speaking topics.
Jen doesn’t see anything wrong with these topics, but… WHAT ABOUT THE MONEY?! She calls these topics “soft subjects.” And women do a disservice to other women when they assume their peers only want to hear about soft subjects. THAT ASSUMPTION IS WRONG. The reason most female entrepreneurs fail is because their business numbers fail. Their numbers fail because no one sits new entrepreneurs down to explain revenue, profit, and cashflow. Financial conversations are what Jen would call “hard subjects.” To all my female followers out there, I know you can handle that conversation! It’s simple. Your revenues must be higher than your costs. The difference is profit. And profit has to be high enough to sustain a livable lifestyle for both you and your family. Otherwise, your business model isn’t sustainable. Maybe you didn’t get a business degree from college. That’s ok. Jen has helped hundreds of entrepreneurs get CLARITY on their financial situations, and she is willing to share her top tips with you right now. A Conversation with Joseph Warren and Dr. Dorian WilliamsThere are some people who just seem to have life’s Midas touch. They’ve had success in multiple careers. Their marriages are strong. Their children are excelling in school and sports. Dr. Dorian Williams, my guest on Your First $100k Podcast, is clearly one of these men.
But like 21 million other Americans, Dr. Williams was raised by a struggling, single mother. “My mother worked graveyard shifts at convenience stores as long as I can remember,” Dr. Williams says. “I had many opportunities to watch my mother wake up at 2 or 3 in the morning and leaving before school, go to work all day long, and still cook for me and have a meal when I got home. “For me, what really drove [me] was the want to not see my woman work like my mom did. That’s what drove me to say, 'There’s got to be a better way.'" A Conversation with Joseph Warren and Dr. Deb EkstromLong before Bill Gates founded Microsoft, he started programming computers in high school. This was before personal home computers. If he wanted computer time, he had to hitch a ride down to the school’s computer lab and spend long nights, after hours, experimenting with code he wrote himself. Bill Gates logged thousands of programming hours before graduating. Startup Nation, if you were sit down with a young Bill Gates and recommend an industry to start with, what would you say? Maybe... computers? OF COURSE! It’s almost too simple, but it’s a principle entrepreneur forget ALL THE TIME. When starting a business, start with something you know. |
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About Joseph WarrenJoseph Warren is a Christian Speaker, Podcast Host and Spiritual Coach. Joseph Warren offers Spiritual Coaching to Christian Business Owners who somehow find themselves in a spiritual rut. In just 90 days, he helps them avoid expensive divorces, break free from addiction, restore broken family relationships, and start living their Higher Purpose! Archives
August 2020
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