SPI 604: I Really Wanted to Believe This

The Smart Passive Income Online Business and Blogging Podcast

Pat Flynn

Business, Emailmarketing, Entrepreneurship, Videomarketing, Podcasting, Affiliatemarketing

4.8 • 3.8K Ratings

🗓️ 19 August 2022

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

#604 There are many tools out there that could make our lives easier as entrepreneurs. But how do you know which ones are right for you? This is something I used to struggle with. I would buy software or equipment before I had any concrete use for it. Little by little the costs would add up. It got to the point where I was almost afraid to keep track of my spending. So I have a challenge for you today. I’d like you to run an audit of the tools you’re paying for right now and think about which ones are vital for your business. The ones that aren’t? Consider cutting them out for the time being. Ask yourself — "Do I need this right now? Is this going to help me, or is it just distracting me?" Listen in on today’s episode to hear about how I was finally able to tackle this issue. Show notes and more at SmartPassiveIncome.com/session604.

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Transcript

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0:00.0	Welcome to the Smart Passive Income Podcast where it's all about working hard now so you
0:07.1	can sit back and read the benefits later.
0:11.0	He prefers handwritten letters over any other type of communication.
0:15.9	Pat Flynn.
0:17.9	Hey, it's Pat here.
0:20.0	I wanted to share another, how do I say, issue or problem I had when I was starting out
0:26.4	with business that I sometimes still have.
0:28.5	I like to share these from time to time because number one, I think it's important to be authentic
0:33.7	and I think it shows some vulnerability which allows you to connect with your audience a
0:38.6	little bit more and hopefully you'll connect more with me after this.
0:41.3	But most of all, there's a big lesson.
0:44.7	The big problem that I suffered from was buying all the tools, buying all the equipment
0:52.8	before I knew exactly what I was going to do with it.
0:56.6	What I mean is, especially in the world of entrepreneurship, there's a lot of different
0:59.8	kinds of software, there's a lot of different pieces of camera equipment, microphone equipment,
1:05.3	all that kind of stuff that seemingly can help us.
1:09.1	And in many cases, and in most cases, they do.
1:12.6	The microphones make us sound better.
1:14.3	The video makes us look better.
1:16.5	The tools make things more efficient.
1:19.2	But just because they help somebody else doesn't necessarily mean they're going to help
1:24.2	you or at least right now.
	...

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