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The 5 Minute Entrepreneur Podcast - Practical Daily Advice On Building a Lifestyle Online Business, Entrepreneurship, Marketing, Social Media & Lifestyle
13 minutes | Sep 30, 2016
The Most Important Rule For Success
In this episode you will hear: What is the most important thing you need to consider when it comes to building your online business? I must confess – I have changed my mind! There was a time when I thought that the most important things that you need to do to achieve your goals were: – setting sound, smart and time-bounded goals – hustling until you reach them And this is a good strategy. But it is very hard to work if you are not surrounded by like-minded people. This is how you will elevate your results automatically! If you are an entrepreneur and you hang out with employees, you are screwed. Just think about it – what are the topics that they are discussing mostly? Will they help you achieve your goals? Every thought and action become a permanent part of yourself. The subconscious mind picks up everything. That is why if you surround yourself with people that you can pick only negative thoughts from you are on your way to failure! You need to surround yourself with quality people. This means: * People that are looking in the direction as you * People that are way ahead of you in the area of life that you need to improve – it can be in every area not just business but also fitness, relationships, etc Here are a few steps that will help you in the process of finding these people: * Determine the area that you need to improve and search for a local community on Facebook. Join a few communities and contribute to them * Build a blog – I created my blog less than a year ago, and now I know or work with the best people in my field here in Bulgaria. I attribute a lot of that to the authority I have built for myself by creating a blog * Go to live events – it is an excellent way to meet with like-minded people, and the cost of the events are usually nothing compared to what you can learn. * Find local meetups of people in you niche * Be generous – give without expecting something in return. Give with nothing in mind. Build you action plan on these steps and move forward!
9 minutes | Sep 29, 2016
What Kind Of Knowledge Do You Need And Where To Find It
In this episode you will hear: To be an entrepreneur you need information. You need knowledge of how to build a business whether it is online or offline. If you have a sound knowledge, it will allow you to grow businesses faster and smarter. It is like cutting a tree – it is better to cut it with an axe than to cut it with a knife. Or as Jim Rohn says you need to do a skilled labor, not just labor. Information is the biggest asset. Information can make you a fortune without you investing even a cent. However, knowledge has little value if it is not used. As Jim Rohn says only applied knowledge counts. I break down knowledge into two groups – General Knowledge and Specific Business Knowledge. General Knowledge (GK) is knowing stuff that applies to all or most areas of life – like how to set and achieve goals (you can check my book about that here), negotiating, affirming positive things about yourself, time management and so on. You can get GK from a ton of sources, but here are the ones I suggest: Books and Audiobooks Just remember what Will Smith says: “The keys to life are running and reading. For reading: there have been gazillions of people that have lived before all of us. There’s no new problem you could have–with your parents, with school, with a bully. There’s no new problem that someone hasn’t already had and written about it in a book.” I recommend that you read paperback books in the morning and before going to bed and listen to audiobooks during your day – when driving cleaning and so on. Here are some of the books I recommend. YouTube Channels You can play them in the background. Here is what I recommend: * Evan Carmichael * FightMediocrity * Peter Sage You can also find videos of your own by just typing in the search bar Jim Rohn, Elon Musk, etc. Podcasts Here are the two podca
8 minutes | Aug 24, 2016
What Does It Mean To Be A Lifestyle Entrepreneur?
In this episode you will hear: Why today is the best time to be alive: There are no wars! The chance of you being killed in a war is not really big. The world has never been more connected. We travel more Why today is the worst time to be alive : We are more alone than ever We hustle more than ever (and I mean bad hustle) How can we, as lifestyle entrepreneurs, can benefit from the opportunities of our time.
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