SPI 523: The Biggest Mistakes Entrepreneurs Make When Growing a Business with Los Silva
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn
4.8 • 3.8K Ratings
🗓️ 10 November 2021
⏱️ 47 minutes
🧾️ Download transcript
Summary
#523 We all make mistakes in business. I have made several, and this topic is one of the centerpieces of my conversation today with Los Silva of EcomPowerhouse. Los is somebody I recently met and have become fascinated by. Why? Because in getting to know Los, I've begun to realize that his secret to success goes against the grain of what a lot of people talk about. Because sometimes the best way to grow is to actually slow down and go smaller. It's to try lots of different things at the start until you find what clicks. And it's even—yes—to fail, because failure is an opportunity to learn. You'll hear about Los's origin story in the eBay world, and the failures he went through, until landing on something he could lean into. He shares a ton of insights he's learned along the way, including how to hire and delegate the right way, and why he doesn't like to compete or compare himself or his business to anyone else's. He even shares a little thought experiment for those of you out there who are thinking about how to start positioning and selling your very first product. This episode was a good kick in the butt for me, and I think it might be for you, too! Show notes and more at SmartPassiveIncome.com/session523.
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Transcript
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| 0:00.0 | Sometimes getting an online course just by itself isn't enough to get you where you want |
| 0:04.2 | to go, right? |
| 0:05.2 | You know what this is like. |
| 0:06.3 | Sometimes maybe later, turns into maybe tomorrow, which turns into maybe never. |
| 0:10.0 | And that's just a waste. |
| 0:11.0 | But it doesn't have to be like that. |
| 0:12.4 | If you want education, community, accountability, and the growth that you deserve, you can |
| 0:16.9 | have it all in one spot with SPI's brand new All Access Pass. |
| 0:21.6 | All Access brings education and community together. |
| 0:24.4 | This is community-powered courses. |
| 0:26.7 | All in one roof to support you and hold you accountable. |
| 0:28.8 | It's the best thing that we've created so far to help entrepreneurs like you start building |
| 0:32.0 | real growth in your business. |
| 0:35.0 | Community-led courses are a ground-breaking approach to online learning. |
| 0:37.8 | In one study, the American Society of Training and Development found that 95% of people |
| 0:41.8 | are more likely to meet a goal when they're held accountable by others going through ongoing |
| 0:47.1 | meetings and progress check-ins, etc. |
| 0:48.9 | Which is exactly what we offer. |
| 0:50.4 | You're not just getting access to a course. |
| 0:52.8 | We've designed the All Access Pass to offer several pathways. |
| 0:55.5 | So no matter where you are in your business, even if you're just trying to pick an idea, |
| 0:58.7 | we have a curriculum design for you. |
... |
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