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Entrepreneurs on Fire

4 Keys to Business Success - Knowledge, Accountability, Execution & Profitability with Thor Conklin

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 27 October 2017

⏱️ 20 minutes

🧾️ Download transcript

Summary

Thor is the founder of Peak Performance Group a profitability consulting firm. His no nonsense approach uncovers the real truth about what is holding people and organizations back from realizing their full potential.

Top 3 Value Bombs:

1. Your business' profitability only comes down to 3 things: your plan, your execution, and your psychology.

2. Always track and measure your progress – you should know your margins.

3. Make success your end goal and work backwards.

Visit Thor's website

Sponsors:

OK State: The Oklahoma State Master's in Entrepreneurship program is ideal for someone who wants to increase their career mobility or start their own business! To learn more text the word moreinfo to 77453.

Transcript

Click on a timestamp to play from that location

0:00.0

Fire Nation in the house, JLD here and welcome to episode 1832 of EO Fire where I chat with

0:10.9

entrepreneurs on fire seven days a week from accomplishing goals to launching podcasts to

0:17.4

creating funnels and webinars that actually convert. I have four free courses awaiting

0:22.6

you fire nation at eofire.com. Now I'll shout out today's featured guest Thor Conklin. Thor

0:30.0

are you prepared to ignite? Yes, Thor is a founder of Peak Performance Group. His no nonsense

0:39.1

approach uncovers the real truth about what's holding people and organizations back from

0:43.7

realizing their full potential. Thor take a minute and fill in some gaps from that intro

0:49.1

as well as giving us a little glimpse into your personal life. Absolutely. Besides being a

0:54.1

profitability consulting firm, we also help high net worth individuals reduce their tax

0:59.1

liabilities through land conservation and the tax credits associate with that. I've been

1:04.2

an entrepreneur for the last 18 years. Very active in the other EO and that would be

1:10.1

entrepreneurs organization. I actually head up the mentorship program there in a local

1:15.6

chapter which is a lot of fun working with a lot of new startups. On a personal note,

1:20.0

I'm always trying to figure out how to take my game to the next level. Last year I went

1:24.7

out to California and trained with some Navy seals out in your old backyard. Yeah, which

1:29.6

was really cool. They really, really pushed me beyond what I thought was capable and I

1:33.6

walked away knowing that it could do so much more. This year I'm actually going to climb

1:38.1

29,029 feet. The equivalent amount ever is we're renting a mountain in Vermont and actually

1:46.2

going to do that with Jesse Itzler and Sarah Blakely. They know Sarah's name from the youngest

1:52.6

female billionaire. Craig, thanks. Exactly. So going to be doing that with them this fall and

2:00.3

really looking forward to it. Did you say you're renting a mountain? Yes, we're renting a mountain.

2:04.9

How does that work? Exactly. Well, we're Stratton Mountain. We rented it for three days. We're going to

...

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