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The Amy Porterfield Show

#342: Behind-The-Scenes With My Mentor, Michael Hyatt: Why Entrepreneurs Will Save The World

The Amy Porterfield Show

Amy Porterfield

Marketing, Entrepreneurship, Business

4.95K Ratings

🗓️ 22 October 2020

⏱️ 35 minutes

🧾️ Download transcript

Summary

Entrepreneurship has been declining in recent years. Uh oh! I, for one, do not like the sound of that. However, after chatting with my dear friend and business mentor, Michael Hyatt, I’m starting to see how we can reverse this trend and why it’s most important that we do. Michael’s newest book, Entrepreneurs Will Save The World, is an invitation for anyone and everyone to step into their role as an entrepreneur. In this interview, we chat about his new book, a few traits every entrepreneur must possess, why entrepreneurship is one of the most essential things we need whether our economy is thriving or not, and my favorite, a step-by-step method for embracing entrepreneurship and finding a solid solution. Entrepreneurs Will Save The World Here’s a glance at this episode... [06:50] Entrepreneurs contribute to a better society. Period, end of story! Why? Because they are problem solvers, and problem-solvers are essential to our society. [09:03] Three areas that entrepreneurs contribute to society include, providing jobs and growth, providing tax benefits, and making people's lives better through the goods and services they offer. [21:26] One of the stages of the entrepreneurial method is to observe the problem particularly in regards to the customers or clients that you are trying to serve. [26:51] As an entrepreneur, you have to have a true desire to solve the problem. Ask yourself, “What am I uniquely qualified to solve?” [29:17] Pay attention to your motivation, this is important in order to succeed as an entrepreneur. [32:30] Hot Tip: Shift your mindset and start seeing problems as opportunities. ‘I love Amy and Online Marketing Made Easy.’

Transcript

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0:00.0

Before we get started, I wanted to run something by you if you've ever thought about creating

0:05.3

a membership in order to turn your knowledge or passion into recurring revenue.

0:11.4

My dear friend, Stu McLaren, is hosting an incredible three-part live workshop series

0:18.3

where he's teaching proven strategies to launch or grow a successful membership.

0:22.9

So Stu is the number one expert in building massively profitable and impactful membership

0:28.5

sites.

0:29.5

He taught me everything I know about running my own multi-million dollar membership, and

0:35.6

now he's sharing his knowledge with you.

0:37.9

And did I mention these trainings are 100% free and they're live, which makes it so much

0:43.8

more fun.

0:44.8

So visit AmyPortafil.com-board-slash-workshop to reserve your spot so you don't miss a second.

0:51.6

AmyPortafil.com-board-slash-workshop.

0:56.0

When I said to them, you've got to learn to reframe problems because there has never

1:01.0

been a moment in history for many of you, and I'm speaking to my clients, for many of

1:05.2

you, where you've seen more problems.

1:07.5

There are problems everywhere.

1:09.3

There are problems every day.

1:10.4

There are new problems.

1:11.4

Problems you've never faced before.

1:13.3

But to the person who's a true entrepreneur, those problems represent opportunity.

1:20.9

Because if you can solve the problem, that can result in an opportunity for your business,

1:27.0

where you can make a profit.

...

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