26. How To Make Your Business Bulletproof in Any Economy
The ONE Thing
NOVA Media
4.8 • 1.1K Ratings
🗓️ 3 April 2017
⏱️ 55 minutes
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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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