EP5: The 3 "Red Flags" That Indicate You NEED to Get Help
“If you want to succeed in the game of entrepreneurship, you need to be growing personally and professionally each day.” - Austin Dixon (0:56-1:05)Austin Dixon The Whole Truth Business owners have to make tough decisions. They need to know when to keep going when things get rough, and they need to know when to give up and move on to a different strategy. But the toughest decision for many entrepreneurs is knowing when to ask for help. As entrepreneurs it can be a struggle to turn to others for guidance. Sometimes ego or stubbornness gets in the way. However, we often don’t realize that having someone coach them over the next hurdle is exactly what we need to achieve the success we’re after. Getting help at those critical points is what every business owner needs to continue to grow professionally and personally. The top performers in business, sports, and other arenas all work with coaches and mentors. “The thing holding you back in your business is your own stubbornness, ego, and not identifying the red flags telling you it’s time to get help.” - Austin Dixon (11:35-11:45) There are three red flags that let you know when it’s time to get the help you need. Recognizing them can save you time and money while protecting you from the pitfalls that wipe out other entrepreneurs. Red Flag #1: You’re Jumping From One Opportunity to the Next Shiny object syndrome is a success killer. With so many available marketing tools and tactics, it can be hard to stay focused on your initial plan. Business owners see a new way to generate revenue and think that it’s what they need to get to the next level. But then something new comes along, and they jump again. They never give themselves enough time to master something before abandoning it for the next shiny opportunity. Successful entrepreneurs don’t dabble. They put in the work to master their craft. The reason many businesses fail to take off is that people tend to try too many things at once. Hone in on what you want to do in the long term and stick with it. Find an expert you can emulate or hire them to guide you along the way. “If you’re jumping from opportunity to opportunity, you’re really not giving yourself the window to master something.” - Austin Dixon (2:13-2:23) Red Flag #2: You Keep Making the Same Mistakes Over and Over Again The things you repeatedly do become your habits. Good habits are a cornerstone of success. But making the same mistakes over and over again can lead to habits that cause your business to take a nosedive. Sometimes, practice doesn’t make perfect. In sports, bad practice habits lead to bad technique on the playing field. Coaches help athletes make the subtle, but vital fixes they need to avoid repeating the same mistakes. Business owners should follow suit and find the right people to identify the flaws in their approach and correct them before it’s too late. Red Flag #3: You’re Not Hitting Your Goals This is one of the most common reasons why entrepreneurs need help. It’s also the one that most business owners ignore. Stubbornness, ego, and pride can keep you from reaching out for help. It’s difficult to admit failure, but I can promise it will be more frustrating to never achieve the goals you’ve set for yourself. This applies to every stage of the growth process. The first stage is when you finally generate some revenue. Reaching the six-figure mark is the second stage. It’s when you have a viable business you can run full-time. The third stage is when you are achieving consistent and predictable results. Most people get hung up when they’re unable to achieve six figures in their business. But if they just hired the right coach or mentor to help, they would overcome this hurdle and move on to create a sustainable and profitable business. When you hire someone to help you, your business grows. Can you identify yourself within any of these areas? If so, it may be time to seek guidance. Remember, the most successful people in the world, in every industry and professional arena, have sought counsel and coaching to help them reach those high levels of success. When you have the right support in your corner, you can move your business forward and achieve your professional and personal goals. What are you waiting for? How to Get Involved Want to learn how YOU can grow successful sales funnels to grow your business exponentially, and stop putting maximum effort into minimum results? Austin and his team at Sales Funnel Sharks have become experts at doing that. You can find them here. You can also listen to The Whole Truth Podcast here.