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Millionaire University

57. Help! I'm Not Making Any Money In My Business

Sep 28, 2023
49:18

This lesson is a real-life coaching call I have with a young soon-to-be father named James Metcalf Jr.

In episode 37, I spoke with James about starting his own business and he recently reached out to me with some struggles he's been having.

We often hear people say "Just take action" but just taking action won't get you the results you want unless it's the right kind of action. In this episode, you'll hear me shoot it on what James needs to do if he wants to succeed with his business. It's one thing to hear me or anyone say "Take effective action" but hearing this coaching call with James might be just the thing to help you better understand what that means and identify where you might need to change something up in your own business. So let's get to it!

I also want to thank James for being so vulnerable and letting us record and use this call so that others who are struggling with something similar can also get unstuck, grow their business, and change their lives for the better.


00:00 Introduction to Successful Business Ownership

00:22 Experiencing Bali: A Personal Journey

01:33 Sales and Marketing Insights

02:19 James Metcalf Jr.'s Story: Struggles of a Soon-to-be Father

02:45 The Reality of Starting a Mobile Mechanic Business

03:28 The Importance of Direct Communication and Honesty

04:13 The Struggles of James Metcalf Jr.: A Candid Conversation

09:19 Overcoming the Victim Mindset

11:46 The Power of Sales and Marketing

13:53 The Reality of Starting a Business

16:47 The Importance of Taking Action

20:59 The Power of Persistence in Business

25:08 Final Thoughts on Successful Business Ownership

26:35 Understanding the Fear of Rejection

26:55 The Power of a Positive Mindset

27:24 The Importance of Embracing Rejection

27:41 The Challenges of Starting a Business

28:32 The Power of Taking Action

29:14 The Importance of Setting Goals

31:53 The Power of Networking and Referrals

33:10 The Importance of Persistence in Business

34:28 The Power of Effective Communication

37:01 The Importance of Taking Fast, Effective Action

38:14 The Power of Resilience in Business

38:22 The Importance of Having a Clear Vision

39:00 The Power of Overcoming Fear

44:24 The Importance of Consistency in Business

44:49 Conclusion: The Journey to Success


To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.


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