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Flipped Lifestyle™ Podcast

How To Take Your Business From Good To Great (The Flywheel)

Flipped Lifestyle™ Podcast

Shane Sams

Entrepreneurship, Business

4.9575 Ratings

🗓️ 4 October 2022

⏱️ 67 minutes

🧾️ Download transcript

Summary

If you haven't heard the concept of the flywheel, listen to this episode! We think it can really help your online business grow!

In today's episode, we discuss:

  • How the flywheel can help grow your business from good to great
  • How to stay persistent when your online business is growing slowly
  • Actionable steps to take to grow your membership

Take a look at the Flipped Lifestyle flywheel: https://flippedlifestyle.com/flywheel/

Our spotlight speaker is Flipped Lifestyle Community All-Star, Kevin Depew! Kevin is a long-time member of the community and founder of RelaxAndLearnGuitar.com!

Kevin started his membership in 2017 and has been steadily growing it for the past 4 years. His membership recently surpassed 200 members, which gave him the financial freedom to quit his job!

Shane Sams and Kevin talk about the most important things to focus on when growing a membership and how Kevin can take his membership to the next level.

Check out Kevin's recent appearance on the Flipped Lifestyle podcast:

https://flippedlifestyle.com/podcast303/ 

There's tons of value in this episode of the podcast because we're also answering a couple of questions from the Flipped Lifestyle Community forums!

  •  Can I build my online business in less than 90 days?

We would love to have you as a member of The Flipped Lifestyle Community!  We believe you have God-given talents and experiences you can use to start an online business!  All you need is 100 people to pay you $50/m online to make $5,000/m, $60,000/y!  Let us help you start a membership of your own. Click here to learn more: https://flippedlifestyle.com

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Flip Lifestyle podcast where life always comes before work.

0:07.0

We're your host, Shane and Jocelyn Sam.

0:11.0

We're a real family that figured out how to make our entire living online.

0:16.0

And now we help other families do the same.

0:19.0

Are you ready to flip your life?

0:21.3

All right.

0:22.3

Let's get started.

0:24.4

Hey, y'all.

0:30.3

Welcome back to the Flip Lifestyle Podcast, the podcast where we help regular people find and use their God-given gifts to earn their income online so they can live life on their

0:35.4

terms so they can change their family's future so they can build an inheritance for their children's children and make an impact out in the world. I'm pumped up. I'm excited to be back with you again this week with another great episode of the FlipLock's Talk podcast. We got a great show for you today, but I got a little random. I want to go on here. I want to talk to a little bit about a concept that I learned recently that I think is just revolutionary. It's going to change your life. It's going to change your business. It's going to change everything you think about entrepreneurship and it's going to take your business from good to great. So every year, I've got a group of guys. I got a mastermind and we take a trip every single year out to this lake down in Tennessee. And we rent a houseboat. We get six guys on a

1:11.9

houseboat. We get out where there's no cell phone service. We sit around campfires. We smoke cigars. We hang out and drive around the place. We swim. We slide out the back of the boat. We try to do trick shots from footballs and all this other stuff. And it's just a bunch of dudes out in the wilderness, right for For like a week. But we also talk about life. We talk about business. These are all CEOs. They all in their own companies where they work for really big, huge companies doing hundreds of millions of dollars online and all that's good stuff. And it's just a really, really, really good experience, really fun thing. One of the things we always do besides having fun is we share really cool really cool concepts. We share really cool concepts with each other. And I learned about this amazing concept from this amazing book called Good to Great with Jim Collins. If you heard about that book, I read that book years ago, but I didn't really get it at the beginning of my journey. But now I'm looking back on it, and I'm like, whoa, I got to revisit this book. I got to check it out.

2:01.2

This is, this concept is in there.

2:02.9

I got to really study this concept that I got.

2:04.6

And one day, my buddy, Brian Harris, he runs a website called Growth Tools.com, where they

2:08.8

help entrepreneurs with our marketing and things like that.

2:10.7

We were talking about this after we had been swimming for a little while.

2:14.2

We actually were coming, we came inside a little early that day. We always do trick shots off the back of this boat. So one of the things we do is we bring like dishwashing soap and we spray it on the slide, right? And that makes the slide at the back of the boat, you know, going from the second deck really, really fast and you like fly out into the water. And then one day, one year we brought football and we would throw the football from the water to the guy and try to catch it when he was coming off the slide.

2:37.3

And then someone had a great idea one time like, hey, I wonder if the guy on the slide to catch the football and throw it to another guy that was jumping off the lower deck of the boats.

2:46.7

Now we got this like Harlem Globe Trotter's, you know, a break shot going on.

2:50.8

So somebody catches a football and then options to this guy.

2:53.4

He jumps in and he catches it. Well, then, you know, if you've got dudes in the wilderness, we're stupid. We're just absolutely stupid. So of course, someone's eventually going to keep ratching it up the nonsense where you look up and you go, now wait a minute. I wonder if someone could catch it off the slide, throw it to someone jumping in from the front of the boat and then someone could jump off the top deck and catch it from 20 feet going into the water so they were like one two three we're trying to create these like crazy trick shots right you just guys could not be allowed to go in the wilderness by themselves someone's going going to be killed. That's just the way it's going to work.

3:24.7

Right.

...

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