Lessons Learned in A Multi-Billion Dollar Startup to Collapse | Sterling Hawkins
Millionaire Mindcast
Matt Aitchison
4.8 • 721 Ratings
🗓️ 17 October 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
In this episode of the Millionaire Mindcast, we have joined by an incredible guest, Sterling Hawkins who talked about his epic stories of entrepreneurship, lessons learned from a downfall of a multi-dollar startup, advice on taking oneself to the next level, chasing and going through discomfort, hunting the truth in you and your business, building courage, and the importance of taking space to step back!
Sterling Hawkins is an author, investor and entrepreneur, a keynote speaker, and founder of the #NoMatterWhat movement, where he runs workshops and helps people and companies achieve the results they want and realize greater potential regardless of the circumstances. Likewise, he invests and grows over 50 companies where he works with C-level teams and speaks on stages around the world. He has been featured in fancy magazines like Inc. Magazine, Fast Company, The New York Times and Forbes.
This amazing man shifted himself from a default doesn’t matter culture to a really intentional and inspired no matter what culture. When Sterling hit the bottom part of his life, he started to realize he did something wrong. Thus, he gives himself a space to step back and starts picking up himself and building up again. He found the framework on how to go through whatever it is that he’s facing. He chose to hunt and go through the discomfort to see the momentum. Get tattooed of the commitment to get what he wanted on the other side!
Some Questions I Ask:
What are you up to these days?
What makes you qualify to be that guy that takes people and businesses to the next level?
Talk about some of the mistakes you made early on when you are riding up that you would have done differently?
What did you do when you started to realize the company is coming to an end and pointing down?
What has played out over the last decade?
What’s the common denominator that you’ve seen amongst these people unlocking real success?
What have been some of the habits and rhythms that you’ve seen in your community in order to find the grove of momentum and success?
When you hunt discomfort instead of avoiding it, what is that do for you?
What are some of the frameworks that people can use to reframe how they hunt discomfort in their life or in their business?
How do you invite somebody to audit and hone in some of those specific areas of hiding?
What have been some of your favorite success stories as people hunted discomfort in life or business?
In This Episode, You Will Learn:
Shifting from a default doesn’t matter culture to a no matter what culture
Why you should not raise too much money in your startup business
Hunting the truth in you and your business
Advice on how to take yourself to the next level
The different source of courage
The importance of taking a pause
Hunting discomfort versus living with it
Quotes:
“You can never hide from the truth.”
“There’s the truth to you and your business by the way, and that truth will always find you.”
“The way out is through.”
“Commit in a way whether there’s no going back.”
“If where we meet discomfort is the same anywhere, we can grow our capacity to deal with it everywhere.”
“Taking a sacred pause here and then.”
“If you’re growing you are uncomfortable.”
“Get a tattoo, commit to what you want on the other side in a really serious way.”
Connect with Sterling Hawkins on:
Hunting Discomfort book by Sterling Hawkins
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Show Brought To You By: www.MillionaireMindcast.com
Questions? Comments? Do you have a success story you would like to share on the show?
Send us an email to: Questions@MillionaireMindcast.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Don't raise too much money. |
| 0:01.7 | Like as a first-time entrepreneur, I didn't know this, but many entrepreneurs look at their businesses and say, |
| 0:07.6 | oh, we just need cash. |
| 0:09.0 | We just need to scale this thing. |
| 0:10.3 | I can tell you firsthand there is such a thing as too much money because, one, you get complacent. |
| 0:15.8 | You figure you can spend it anywhere and everywhere. |
| 0:18.3 | And two, if you really raise too much, it backs you into a corner in terms of |
| 0:22.4 | how you can get those investors to their money back. |
| 0:35.2 | Well, I'm excited. Welcome to the show today. Sterling Hawkins. How are we doing, my brother? |
| 0:39.5 | Thanks for having me. Good to see you. Appreciate you having me on. |
| 0:42.4 | It's always exciting to be talking about some epic journeys in terms of wealth, entrepreneurship, business. |
| 0:50.1 | And I know you've got a pretty damn epic one, my friend. |
| 0:53.7 | I definitely do. You know, looking back on pretty damn epic one, my friend. I definitely do. |
| 0:55.6 | You know, looking back on it, I'm grateful for it now, |
| 0:58.5 | but at the time, some of the hardest, darkest things I've ever been through my entire life. |
| 1:02.3 | I wouldn't wish on anybody, but I'm really glad I've made it to this side of it. |
| 1:05.8 | Yeah, well, I think that's the beauty and perseverance and grit and, you know, leadership is you can impart |
| 1:12.9 | that wisdom on other people that we all have our own trauma and scars and challenges, whether that's |
| 1:18.5 | in business or your career or finances or your marriage or your health, but understanding, you know, |
| 1:24.4 | and being equipped, you know, mentally and physically with the tools and the mindset to, |
| 1:29.1 | you know, navigate what I think every human experience is on their journey, which is, you know, |
| 1:37.2 | peaks and valleys. You have had some pretty epic peaks and some pretty, I think, low valleys as well. |
... |
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