Why You Should Think Like a Businessperson (not an entrepreneur) | Ep. #1514

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 26 September 2020

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #1514, we tell you why you should think like a businessperson and not an entrepreneur. While many people call themselves entrepreneurs, most of them are actually businesspeople, and so it would benefit them to think like the latter. Tune in to find out more. TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: Why You Should Think Like A Businessperson and Not An Entrepreneur. [00:30] The distinction between entrepreneurs and businesspeople. [01:36] Thinking about financial impact versus dreaming up big ideas. [02:07] Do not stress about truly innovating, rather use existing business models. [03:22] Follow the best investors like Warren Buffet who just buy things that work. [04:04] Being the next Elon Musk requires living his lifestyle, which is not easy. [04:30] That’s it for today! [03:24] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785! Links Mentioned in Today’s Episode: Jim McKelvey Square SpaceX Tesla The Boring Company Elon Musk KissMetrics Howard Schultz Warren Buffett See’s Candies Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.
0:11.5	Let's start leveling up your marketing knowledge with
0:14.0	your instructors Neil Patel and Eric Sue.
0:19.2	All right guys before we start we got a special message from our sponsor.
0:24.0	If you want to rank higher on Google,
0:25.9	you got to look at your paid speed time.
0:28.5	The faster your website loads, the better off you are.
0:31.3	With Google's core vital update,
0:33.0	that makes it super, super important
0:34.8	to optimize your site for low time.
0:37.6	And one easy way to do it is use the host
0:40.0	that Eric and I use, Dreamhost.
0:42.0	So just go to Dream Host or Google it.
0:44.8	Find it, check it out, and it's a great way
0:47.0	to improve your low time.
0:50.6	Welcome to another episode of Marketing School. I'm Eric Sue and I'm Neil Patel. And today we're going to talk about why you should think like a business person and not an entrepreneur. So let me define this first.
1:03.4	I had a guy, one of the co-founder of Square,
1:05.8	which is the point of sale, tool, software,
1:08.8	whatever, it's actually the little physical square things
1:11.0	that you can swipe your credit card in. So I had Kevin
1:14.0	McElvie I believe is his name so he's a billionaire and he was just making the
1:18.3	distinction he said look a lot of people call themselves entrepreneurs but
	...

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