The Smart Passive Income Online Business and Blogging Podcast

SPI 524: The 5 Biggest Mistakes I've Made

Nov 12, 2021
Discover the five significant mistakes that can alter your entrepreneurial path. Learn how underestimating an email list and delaying hiring help can hinder growth. Delve into the importance of trust in management and the dangers of micromanagement. Explore why comparing yourself to others can be detrimental, and embrace personal growth instead. This insightful discussion also offers strategies for overcoming criticism and turning errors into valuable lessons for future success.
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ADVICE

Build Your Email List

  • Build an email list; it's business insurance, especially if your platform disappears.
  • An email list lets you connect with your audience directly, regardless of external changes.
ANECDOTE

Missed Sales

  • Pat Flynn regrets not building an email list sooner for his architecture exam business.
  • He missed out on sales because only website visitors that day knew about his product.
ADVICE

Hire Help Sooner

  • Hire outside help sooner rather than later; your time is valuable.
  • Start by outsourcing your biggest pain points to free up your time.
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