Donald Miller once lost all of his life savings to a bad investment. But after he decided to start taking 100% ownership of his life and business, everything changed. In this episode, Donald is back on YAP to focus on how to grow a small business! Donald will explain why we should think of our business as an airplane and why most small businesses today are failing. He will also break down how we can get ahead of missteps as business owners.

In this episode, Hala and Donald will discuss:

(01:00) Introduction

(02:27) Donald Miller's Journey from Failure to Success

(04:48) Understanding the S-Curve in Business

(10:27) The Airplane Analogy for Business Structure

(20:14) The Importance of a Clear Mission Statement

(30:48) The Reality of Business Ownership

(32:15) Core Values: The Backbone of a Strong Team

(33:31) Key Characteristics and Critical Actions

(35:32) The Three Essential Leadership Personalities

(38:04) Making the Customer the Hero

(46:49) The Power of Story in Sales

(51:51) Integrity in Business

Donald Miller is the CEO of StoryBrand, an agency that has helped more than 10,000 organizations clarify their brand message, and Business Made Simple, an online platform that teaches business professionals everything they need to know to grow their business and enhance their value on the open market. Donald is the host of the Business Made Simple podcast and the author of the bestsellers Building a StoryBrand, Marketing Made Simple, and Hero on a Mission. His book, How to Grow Your Small Business, provides a proven 6-step plan for growth so you can stop drowning in the details.

Resources Mentioned:

Donald’s Podcast Business Made Simple: youngandprofiting.co/3Eia9oJ

Donald’s book How to Grow Your Small Business: A 6-Part Strategy to Help Your Business Take Off: youngandprofiting.co/42ygiHi

Episode Sponsors:

OpenPhone - Get 20% off 6 months at openphone.com/PROFITING

Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify

Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host

Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting

Indeed - Get a $75 job credit at indeed.com/profiting

Active Deals - youngandprofiting.com/deals

Key YAP Links

Reviews - ratethispodcast.com/yap

Youtube - youtube.com/c/YoungandProfiting

LinkedIn - linkedin.com/in/htaha/

Instagram - instagram.com/yapwithhala/

Social + Podcast Services - yapmedia.com

Transcripts - youngandprofiting.com/episodes-new

All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset.

Career & Entrepreneurship

Career, Success, Entrepreneurship, Productivity, Careers, Startup, Entrepreneurs, Business Ideas, Growth Hacks, Career Development, Money Management, Opportunities, Professionals, Workplace, Career podcast, Entrepreneurship podcast

The New Range Rover, Mercedes SL, Porsche GT4 RS and Rolls Royce Black Badge w. Tom Jaconelli