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Entrepreneurs on Fire

Practicing Good in Business with Ryan Vet

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 19 June 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

Ryan is an entrepreneur, speaker and author. He has held executive leadership roles in numerous start-ups including boon, a cloud solutions platform for the dental and health industries, and is the owner of two restaurants.

Top 3 Value Bombs:

1. The most important thing - more important than having a business plan - is the drive and passion to persevere

2. A brand is more than a name, it's an identity that others can rally around.

3. In everything you do make sure you practice good.

Visit Ryan's website - RyanVet

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Transcript

Click on a timestamp to play from that location

0:00.0

Boom! Shake the room, Fire Nation! JLD here and welcome to Entrepreneurs on Fire. Brought to you by the HubSpot podcast network with great shows like The Hustle Daily. Today we're pulling a timeless EO Fire classic episodes from the archives and we'll be talking about how to practice good in business.

0:20.0

To drop these value bombs, I have brought to Ryan Vett into EO Fire Studios. Ryan is an entrepreneur, speaker and author. He has held executive leadership roles in numerous stars including Boone, a cloud solutions platform for the dental and health industries.

0:34.0

And is the owner of two restaurants. In today's foundation we'll talk about the most important thing, the drive and passion to persevere and how the brand is more than a name and how everything you do just make sure you practice good.

0:48.0

There's so much more when we get back from thinking our sponsors, working sales or interested in learning how to sell, then check out the salesman podcast with Will Barron. You'll learn how to find buyers and win big business in effective and ethical ways with episode topics like the four step process to influencing buying decisions. Listen to the salesman wherever you get your podcasts.

1:09.0

Ryan, say what's up to Fire Nation and share something interesting about yourself that most people don't know.

1:17.0

What's up Fire Nation and JLD thank you so much for having me on today. So here's a phone factor though I was raised in the suburbs of Chicago and considered that home I was not born there.

1:27.0

I was actually born in Scranton, Pennsylvania. And yes, that's a real place. A lot of people think it's fictitious and made up just for the office TV show.

1:36.0

But there's multiple episodes filmed or supposedly filmed at the hospital where I was born and even Jim and Pam's baby CC was born there. So Scranton is a real place even though I live there for only a whopping 11 days before heading out and growing up in Chicago.

1:50.0

You know, I would have been in the camp of people that thought Scranton was a made up place except about six months ago.

1:57.0

Somebody moved into our community. His name is Farouk and his wife Heidi. They moved to our community. Palm somewhere down here in Puerto Rico and chat with them one day. They're just like, yeah, we're actually going to live here for about seven or eight months of the year.

2:09.0

We're going to head back to our home and Scranton, Pennsylvania. And I was like, wait, you're joking. You don't actually live there. And they're like, oh no, we live there and we love it.

2:19.0

And it's real steam time. All is real. It's it's all real. I love it. We'll fire nation as I said in the intro. We're going to be talking today about practicing good and business and Ryan is a great person to talk about this for numerous reasons.

2:32.0

But I do want to start off with strategies. Ryan talked to us about a strategy for actually starting a business, especially in this whole area of a good business.

2:41.0

If starting and scaling a business was easy, I think everyone would be doing it. But the reality is that's not always the case as you well know and all the listeners know.

2:49.0

But there there's just great joy in launching a successful venture and just watching that grow. But I think the most important thing more than having a business plan or anything like that is the drive and passion persevere through the life of the start up no matter what ups and downs come because it's not a matter of if they come but when they come.

3:07.0

And I think just really having that passion knowing why you're starting the business not just starting it to make money, which is a lot of people's motivations, but how are you going to make the world a little bit better?

3:18.0

Are you going to benefit team members or provide economic opportunity to those who might not have that. But what is that strategy and what is your why behind actually wanting to create that business.

3:28.0

I have this friend who had an extremely promising Amazon business idea and Amazon businesses everyone seems to be wanting to start one and there's countless stories on how many people have been successful in putting in what they say is a little effort, although the reality is probably a lot more than they let on.

3:45.0

And then growing this hugely successful Amazon business and so this friend of mine went out and purchased all this inventory and got his product approved on Amazon, but then they had certain things that they required with pictures lighting a certain way in this background or that background or not that background.

4:01.0

And before he knew it was just too many things that he didn't want to work on and the whole reason he started the business was to earn extra money.

4:08.0

And there's nothing inherently wrong with that is so passion and strategy for starting it was wrong he could have impacted people's lives by the quality of the products he was selling you could have provided economic opportunities those manufacturing it so really what does it mean.

4:22.0

And I think you you have an idea to make a lot of money and you're pursuing it only to find out is exponentially more challenging than you originally thought.

...

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