The Diary Of A CEO with Steven Bartlett

The Money Making Expert: The Exact Formula For Turning $100 Into $100k Per Month! 10x Your Income Without Working Harder! The Waiting List Hack That Will Make You Millions!

Feb 22, 2024

01:58:02

Snipd AI

Discover the secrets to transforming $100 into $100k per month without working harder. Explore the power of passion, AI in business, and leveraging waiting lists for success. Learn about the journey of entrepreneurship, building dream teams, and embracing failure as a stepping stone to success.

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Podcast summary created with Snipd AI

Quick takeaways

Entrepreneurship involves conducting tests to fail quickly and cost-effectively through waiting lists.

Aligning personal passion with business goals forms the basis of successful entrepreneurship.

Engaging potential customers through discussions and assessment tests can generate interest before full-scale product development.

Executing ideas and embracing failure as a learning opportunity are crucial entrepreneurial skills.

Creating wealth through acquiring existing businesses involves leveraging skills in salesmanship and deal structuring.

Deep dives

Starting a Business: From Idea to Market Validation

Starting a successful business involves moving from idea conception to market validation. One key aspect is conducting tests to fail quickly and cost-effectively, like using waiting lists to gauge interest. For example, Elon Musk's waiting lists for products like the Model 3 and Cybertruck demonstrate this validation process.

Fundamentals of a Great Sales Pitch

02:27

The Power of Passion in Business

02:24

Balancing Team Energies for Success

02:17

Visionaries see resources as abundant and accessible through conversation

01:17

Introduction

2min

Empowering Entrepreneurs Through The Entrepreneur Accelerator Program

9min

The Power of Passion and Vision in Entrepreneurship

19min

The Power of Emotional Connection and Bold Requests in Entrepreneurship

3min

Harnessing the Power of Waiting Lists: A Strategy for Business Growth

15min

Embracing Failure and Harnessing Life Force Energy

20min

Building the Dream Team for Success

10min

Networking Strategies, Investment Insights, and Business Expansion Focus

3min

Journey from Zero to Exit: Scaling and Evolution

11min

10.

Transforming a Business through a Management Buyout: A Real-Life Success Story

3min

11.

Revitalizing Businesses with Purpose and Digitalization

12min

12.

Private Equity Fund Launch and Sponsor Announcement

2min

13.

Redefining Work and Asset Creation

6min

14.

Energy, Collaboration, and Content Creation

3min

There has never been a better time to be an entrepreneur, but what is the first step?

Daniel Priestley is an award-winning serial entrepreneur who has built and sold several successful businesses and written 5 books on starting and scaling businesses. He is the founder of Dent Global, an accelerator and venture studio, and the cofounder of ScoreApp, an AI powered marketing software.

In this conversation Daniel and Steven discuss topics such as, the entrepreneurs journey, struggling with mindset shifts when scaling a company, why passion is crucial for success in business, and how AI is changing the business landscape.

(00:00) Intro

(02:15) The Most Exciting Time Of History For Businesses

(04:22) Growing Small Businesses & Making Them Millions

(05:39) Can Anyone Be An Entrepreneur?

(06:20) How To Know If It's A Good Business Idea

(11:09) How Important Is Passion In Being A Successful Entrepreneur

(14:18) Don't Pursue Entrepreneurship For This Reason!

(22:42) How To Be A Visionary

(28:05) How To Be Great At Pitching Business Ideas

(35:46) The Magic Of 'With Or Without You' Energy

(41:17) The Steps To Know If It'll Be A Good Business

(49:43) Fear Of Failure

(52:34) Life Force Energy & Bringing Stories To Life

(57:59) The Importance Of Changing Environments Regularly

(01:02:59) Starting A Business/Personal Brand

(01:07:11) Soloentreneurship Doesn't Work

(01:09:55) How To Make Money

(01:16:01) Your Team Is Essential In Your Business

(01:18:41) How Do You Invest Your Money

(01:20:18) How To Build A Business From Scratch

(01:24:46) Should You Work For A Big Company Or A Start Up

(01:27:19) The Humility Of Accepting Others Are Better Than You

(01:30:01) What's A Management Buyout?

(01:36:33) How To Structure And How To Sale A Deal

(01:39:42) AI Will Revolutionize How Businesses Work!

(01:46:25) Work-Life Balance

(01:49:54) Last Guest Question

You can check out some of Daniel’s businesses below:

KPI Scorecard: https://bit.ly/49mYu2w

Scoreapp: https://bit.ly/3OQ0lVg

You can order Daniel’s most recent book, ‘Scorecard Marketing’, here: https://bit.ly/48tZksS

Follow Daniel

Twitter - https://bit.ly/49qhSMa

Instagram - https://bit.ly/49EioWr

Watch the episodes on Youtube - https://g2ul0.app.link/3kxINCANKsb

Flight Fund:

https://flight-fund-manager.seedrs.com

Follow me:

https://beacons.ai/diaryofaceo

Sponsors:

Shopify: http://shopify.com/bartlett

Vodafone V-Hub: https://www.vodafone.co.uk/business/sme-business

ZOE: http://joinzoe.com with an exclusive code CEO2024 for 10% off

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The Diary Of A CEO with Steven Bartlett

The Money Making Expert: The Exact Formula For Turning $100 Into $100k Per Month! 10x Your Income Without Working Harder! The Waiting List Hack That Will Make You Millions!

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Starting a Business: From Idea to Market Validation

Importance of Team and Passion in Entrepreneurship

Launch Strategies: Waiting Lists, Discussion Groups, and Assessments

Executing Ideas and Embracing Failure

Value of Failure and Innovation

Importance of Environment and Relationships

Wealth Creation and Structuring Deals

Developing Business from Zero to Exit

Finding Balance in Work and Life for Success

Fundamentals of a Great Sales Pitch

The Power of Passion in Business

Balancing Team Energies for Success

Visionaries see resources as abundant and accessible through conversation

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

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& Export

AI-powered
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Discover
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The Diary Of A CEO with Steven Bartlett

The Money Making Expert: The Exact Formula For Turning $100 Into $100k Per Month! 10x Your Income Without Working Harder! The Waiting List Hack That Will Make You Millions!

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Starting a Business: From Idea to Market Validation

Importance of Team and Passion in Entrepreneurship

Launch Strategies: Waiting Lists, Discussion Groups, and Assessments

Executing Ideas and Embracing Failure

Value of Failure and Innovation

Importance of Environment and Relationships

Wealth Creation and Structuring Deals

Developing Business from Zero to Exit

Finding Balance in Work and Life for Success

Fundamentals of a Great Sales Pitch

The Power of Passion in Business

Balancing Team Energies for Success

Visionaries see resources as abundant and accessible through conversation

Get the Snipdpodcast app

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