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The ONE Thing

26. How To Make Your Business Bulletproof in Any Economy

The ONE Thing

NOVA Media

Business, Careers, Entrepreneurship

4.81.1K Ratings

🗓️ 3 April 2017

⏱️ 55 minutes

🧾️ Download transcript

Summary

Does your daily grind ever feel like sprinting a marathon? Between work, family, and the unpredictable, we sometimes hustle through life without rest, focus, or a strategy. Today's guest, Ryan Lee, is the Founder of Freedym, but he wasn't always so focused. He juggled multiple projects and businesses, some multi-million dollar corporations, but it was too overwhelming to sustain. Then he read The ONE Thing. Ryan realized that the hustle wasn’t contributing to his ONE thing, so he cut out everything unnecessary. Now his business is successful, he's living a full life every day, and he wants to help you do that too.   The ONE Thing to Implement From This Episode: Do you want more guidance in implementing the lessons in The ONE Thing? Then we want to help you with our new membership platform, and we want your feedback so that we can customize the platform for YOU. If you are hungry to learn more and want to join our new community, text the word FOUNDER to 33444. We will be opening the doors to founding members very soon!   In this episode you will learn... [6:38] How to live life without regret. [12:20] The ONE strategy that will make your business bulletproof. [30:30] Why working longer hours is cheating.   AWESOME FREE RESOURCES FOR YOU! Form your first power habit with your 66 Day Challenge Calendar Check out our awesome blog! [FREE Training] How to Start Time Blocking TODAY!   Links & Tools From This Episode Freedym   Production & Development for The ONE Thing Podcast by Podcast Masters Mentioned in this episode: Factor 75 Head to FactorMeals.com/one50 and use code one50 to get 50% off. That’s code one50 at FactorMeals.com/one50 to get 50% off! Factor 75

Transcript

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0:00.0

This is the One Thing Podcast where we teach you the surprisingly simple truth behind extraordinary results.

0:09.0

My name is Jeff Woods. I'm the Vice President here at the One Thing thing team in the last episode you got to meet

0:14.9

Scott Love and we talked about how you can be the type of leader people love to

0:19.7

follow know there's there's one thing between just being a great manager, but there's another thing when it comes to showing up in the world as the type of leader that people just they must follow you they look up to you and they build loyalty over the long run.

0:33.3

So if you missed that conversation on how you can start showing up as that leader,

0:37.1

make sure you go back and check out that episode.

0:40.1

In this episode, we're going to go into a conversation with somebody that I respect a lot.

0:44.6

My journey when my income was slashed by 40% when I was in medical device sales and I knew I wanted to start a business.

0:50.4

I heard that Jim Rowan quote that you are the average of the five people you spend the most time with. of business

0:53.0

of the five people you spend the most time with.

0:55.2

I looked up and said, all right, how many people am I surrounding myself with who are

0:58.7

business owners who are making a massive impact in the world and delivering

1:01.9

real security for their family?

1:03.4

The answer was zero, which is why I had to make a change.

1:06.2

It's why I started the Mentee Podcast and part of the reason I got into business with Gary and

1:10.8

Jay eventually. Now that I'm in business with Gary and Jay, we've made a lot of mistakes over the last year,

1:16.0

or I should say I have made a lot of mistakes over the last year,

1:19.0

and one of them was not coming from value in everything that we do. Now that we're looking at

1:25.3

how we can bring more value while still generating a profit for the business,

1:28.6

there is a very specific strategy that Gary told me early on he said you must incorporate this into your business

1:36.2

because no matter what happens in the economy if you do this your business will be bulletproof.

1:42.1

So I'm not just building this out in our organization by winging it.

...

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