meta_pixel
Tapesearch Logo
Log in
The Double Win

DAVE RAMSEY: Build a Business That Lasts

The Double Win

Michael Hyatt

Productivity, Teamleadership, Mental Health, Business, Leadership, Selfleadership, Personaldevelopment, Intentionality, Influence, Achievement, Selfdevelopment, Self-improvement, Management, Health & Fitness, Education

4.8 • 1.5K Ratings

🗓️ 7 May 2025

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What do you do when business feels hard—and you assume it’s your fault? In this raw and rich conversation, Michael and Megan sit down with Dave Ramsey to talk about what really goes into building a business that lasts. Drawing from his 30+ year journey with Ramsey Solutions, Dave shares stories of failure, clarity, succession, and the slow handoff of legacy—along with what most founders get wrong about growth. If you’ve ever felt behind, discouraged, or unsure how to lead your business into the future, this episode will show you the next light on the path.


Memorable Quotes

  1. “The dirty little secret is: Everyone’s money is messed up.”
  2. “As long as I can clearly see the next step, it gives me tremendous energy and focus and hope.”
  3. “We’ve learned with all the bruises to look for the next thing but not to sell out to it.”
  4. “You gotta change the word. The word is: I experimented. I didn’t fail.”
  5. “You give other people the credit when things are right and take the hit when things are wrong. Because it is your job as the leader.”
  6. “People are our greatest blessing and they also give us the most trouble.”
  7. “I have to constantly stop and say: Let them do it. You did hand it off. Don’t take it back. They’re doing okay.”


Key Takeaways

  1. Business Is Hard. If you’re a small business owner struggling to make it all work, you’re in really good company. The struggle is normal, and you’re not alone.
  2. Cut Through the Fog. You don’t need to know the whole path. You just need enough clarity to light your next steps.
  3. Good News: You’re the Problem. If your business is stuck, look in the mirror. That’s not shame—it’s a solvable problem.
  4. Succession Starts Now. Planning for legacy doesn’t mean you’re quitting. It means you’re a good steward. Whether you have five team members or 500, the time to start is now.



Resources



Watch on YouTube at:  https://youtu.be/oOoV5G1Zi8E


This episode was produced by Sarah Vorhees Wendel of VW Sound

Transcript

Click on a timestamp to play from that location

0:00.0

And I thought, okay, I teach stewardship. I keep saying, and I truly believe God owns this,

0:05.2

I don't own it. So if I'm a good manager, a good manager would plan for their replacement.

0:13.5

And to not do that is to be a bad steward.

0:18.4

Hi, I'm Michael Hyatt. And I'm Megan Hyatt Miller.

0:25.1

And you're listening to The Double Win Show, and we're super excited today to be talking to our friend Dave Ramsey.

0:26.4

I've known Dave now for 30 years this year.

0:29.7

That's impressive.

0:30.6

Yeah, that's impressive.

0:31.5

That's a long-time friend.

0:33.2

And I've known him in a variety of seasons of life.

0:35.8

I was his publisher at one point.

0:40.7

As you may know, David's the founder and the CEO of Ramsey Solutions.

0:46.3

He's a host of the Ramsey Show with millions and millions of followers every week. And I don't know many people that have changed more lives than David, his organization has,

0:50.6

by helping people get out of debt.

0:52.3

And he helped me get out of debt.

0:53.7

That's another story for

0:54.9

another time. But author of multiple bestsellers, including the Total Money Makeover and Entree

1:00.1

leadership, his company is built on biblical principles, common sense strategies, and he's a real champion

1:06.9

of financial literacy and personal empowerment. And his newest book, Build a Business You Love, guides entrepreneurs and people who are

1:15.3

thinking about becoming an entrepreneur, how to build a business and the stages that they should

1:20.9

expect to go through, the challenges, the solutions, all of that.

1:24.6

And it's full of great stories.

...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Michael Hyatt, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Michael Hyatt and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.