Entrepreneur Intel

Many entrepreneurs strive towards achieving work-life balance, when in reality they should be striving for work life harmony. Here to explain the difference is Mid life Men’s Coach and CEO of Shredded Fathers, Joseph Warren!Joseph joins Host Wes Mathews to delve into the concept of 'Work-Life Harmony', which Joseph believes is all about prioritizing what matters most in life and focusing on personal fulfillment alongside career success. Joseph also shares the challenges of overcoming your own pride, the importance of carving out time for personal relationships, and the benefits of finding Takeaways:Adapting and embracing change is key in entrepreneurship. Letting go of the need for control and being open to new approaches can lead to greater personal fulfillment and success in business.Work-life balance is a misleading concept that leads to constant juggling and exhaustion. Instead, focus on achieving work-life harmony by integrating and prioritizing various aspects of your life, resulting in increased fulfillment and reduced stress.Prioritizing what truly matters in life, such as fulfilling relationships and personal well-being, can lead to a more rewarding and impactful professional journey. It’s important to optimize time at work to leave you with more personal time. Entrepreneurs should recognize the value of seeking mentoring and coaching in both their business and personal lives. Just like elite athletes, continuous guidance can help them break through barriers and achieve higher levels of success.Entrepreneurs often face the challenge of balancing success in their careers with maintaining fulfilling family lives. While financial support is important, it’s crucial to also carve out time to strengthen personal relationships.Having a community is an effective method for personal growth. A community helps combat isolation, provides solutions to common challenges, and promotes prioritization of what truly matters in your personal and professional life.Entrepreneurs should prioritize their lives to avoid burnout and achieve harmony by focusing on high-value targets and making decisions aligned with their priorities. This helps maintain sustainable productivity and clarity, ensuring long-term success.Quote of the Show:“For me, work life harmony, it looks like prioritizing my life.” - Joseph WarrenLinks:LinkedIn: https://www.linkedin.com/in/josephwarrenceo/ Website: https://www.shreddedfathers.com/#/ Website: https://www.josephwarren.net/ Free Resource: https://shreddedfathers.myclickfunnels.com/free--9e34e Broken Catholic Podcast: https://podcasts.apple.com/us/podcast/broken-catholic-challenging-dogma-with-raw-biblical-truth/id1270337955 Your First $100k Podcast: https://podcasts.apple.com/us/podcast/your-first-100k-copy-the-business-marketing-and/id1278494718 Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614

Our guest this week is an experienced entrepreneur who is driving the real estate industry forward. He took a company from a $25,000 investment to a $30 million company. Welcome to the show Chief Executive Officer at Great Lake Investments, Mike Kalis!In this candid conversation, Mike and Host Wes Mathews discuss the challenges of rapid growth. Mike shares the need to balance money and growth, and emphasizes the importance of knowing your 'enough' and investing wisely in business.  Takeaways:Putting yourself first as a business owner is crucial, rather than solely focusing on your cause and vision. By understanding the difference between a sustainable business and a lucrative investment, you can ensure long-term success.Starting a business can be as simple as taking action and making connections. By leveraging existing resources and identifying opportunities for improvement, you can not only benefit your current company but also pave the way for future success.While a common belief among entrepreneurs is that rapid growth will lead to investors, it isn’t always the case. Working with people in your community is a more reliable way to ensure funding. Promoting and nurturing passionate individuals from within the company, who have a holistic understanding of the business, proves to be the best approach for leadership and growth. Organic training and promotion brings effective results in an organization.Implementing unique and creative marketing strategies, such as sending customized gift packages to potential clients, can attract attention and differentiate your company from competitors, leading to successful partnerships and substantial revenue growth.Building a platform without sufficient technological expertise can lead to costly mistakes and missed opportunities. Consider establishing a separate tech company to develop and license products, ensuring a more effective and profitable outcome.Knowing the point at which one is content and satisfied with the size and success of their business is crucial. It allows for a more focused and intentional approach, creating an opportunity to excel within a specific scope rather than constantly seeking rapid growth.Quote of the Show:“We wanted to create a story worth telling, and nobody can take my story.” - Mike KalisLinks:LinkedIn: https://www.linkedin.com/in/mikekalis/ Website: https://www.greatlakeinvestments.com/ Website: https://www.greatlakerealty.com/ Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614

Our guest this week is a CPG innovator who disrupted an entire industry. While he may have started out small, he quickly grew, selling over 500 Million units. Joining the show this week is Founder of Hearos and Founder and CEO of D.A.P Ventures, Doug Pick!Wes sits down with Doug to dive into his 30 plus years of entrepreneurial experience. Listen in as Wes and Doug discuss entrepreneurship, the challenges of disrupting the marketplace, and the journey of an innovative business from concept to successful exit.Takeaways:Entrepreneurs need to understand that in order to be successful, every aspect of their business must be executed with excellence. This level of commitment is crucial for driving customer satisfaction, and ensuring the overall success of the company.When faced with economic challenges, it is crucial for entrepreneurs to evaluate their business strategies and consider innovative approaches. This includes assessing opportunities for growth and differentiation in order to thrive in the market.It is important for entrepreneurs to recognize the value of adapting their business to meet customer needs. By discovering a niche market in the sleep space, Hearos found success by providing solutions for people's sleep-related issues.It is crucial to recognize the signs early on when someone is not the right fit for your business. Proper vetting and thorough communication with potential team members are essential to ensure success and avoid costly setbacks.The emergence of store brands in the retail marketplace led to a shift in profitability for brand owners, as retailers recognized the potential to control customer traffic and generate higher profits through their own affordable store-brand offerings.Retailers prioritize high sales and profitability by strategically selecting products that maximize revenue, such as gift cards. Entrepreneurs should aim to offer items that generate significant profits and efficiently utilize store space to ensure financial success.Perseverance and finding the right expertise can lead to remarkable success, even in the face of tough competition. One person's determination can result in significant business growth and opportunities.Quote of the Show:“The more you learn about something, the more you scratch,  the more you find out, whoa. I'm on to something here.” - Doug PickLinks:LinkedIn: https://www.linkedin.com/in/doug-pick-5037571/ Website: https://dougpick.com/ Website: https://www.hearos.com/ Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614

Our guest this week is a business owner whose entrepreneurial journey started with a single piece of real estate, and has since grown into over 900 units. Please welcome to the show, Owner of Epic Property Management, Josh Sterling!Josh joins Host Wes Mathews to explain how he transitioned from a career in aviation into real estate. Josh discusses the power of process tracking and unwavering efficiency, shares valuable insights into syndications, and explores the benefits of real estate investing. From buying small multi-unit buildings to establishing well-structured, process-oriented systems, Josh provides valuable insights and advice to every aspiring investor.Takeaways:Efficiency and relentless tracking are crucial for entrepreneurial success. Following through on every task and maintaining a zero inbox can be a significant driver of achievements.Facing unexpected challenges in a career and personal life can lead to a realization that true control lies in pursuing entrepreneurial opportunities. Owning your own business allows you to better control your daily life. Micromanaging and being tied to every aspect of a business can lead to frustration and hinder growth. Trusting and empowering others to take on responsibilities can result in successful operations and personal growth.Running a successful property management business requires unique strategies and significant investment. Efficiency and profitability are achieved through innovative approaches and dedication to continuous improvement.Success in the real estate industry requires understanding the ease of management that comes with midsize multifamily properties. By focusing on properties with onsite maintenance capabilities, investors can ensure a more streamlined approach.Real estate investments offer multiple avenues for generating income, including potential appreciation, depreciation benefits for tax purposes, cashflow, principal pay down, and the advantage of inflation-induced debt destruction.Successful entrepreneurs can benefit from getting involved in real estate through syndication. Syndication allows them to invest in larger properties, share in the profits, and gain exposure to cash flow, appreciation, and other financial benefits.Quote of the Show:“I've got to depend on something I can control.” - Josh SterlingLinks:LinkedIn: https://www.linkedin.com/in/josh-sterling-6196a7126/ Website: https://epicpropertymanagement.com/ Instagram: https://www.instagram.com/jk.sterling/ Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614

Our guest on this episode is a successful serial entrepreneur, known for growing multiple businesses, including those with revenues exceeding $100 million. Welcome to the show, Host of the Profit Tool Belt podcast, Owner of Profit Tool Belt, Dominic Rubino!Dominic sits down with Wes to explore his process for fast and efficient scaling. Dominic shares how he leveraged strategic business models to his advantage, the importance of maintaining a work-life balance, keeping a strategy simple, and creating engaging content for business growth. Takeaways: Creating a business focused on recurring revenues and maintenance medications allowed for sustained growth and customer loyalty. By viewing prescriptions as pre-purchase orders, obtaining refills became additional revenue.Niching down and specializing in a specific industry can be challenging but effective for business coaches. Even in today's digital age, targeting a local market and building personal connections remains valuable.Balancing work and family is crucial, as missing out on important moments can have a profound impact on relationships and personal fulfillment. Prioritizing quality time when present and maintaining boundaries with work can lead to a more fulfilling family life.Buying a business can be challenging, but learning the systems for business reinvention are crucial for sustained success and growth. Understanding how to  repair the plane while it's flying can help simplify and optimize processes, leading to improvements.Simplicity in sales is crucial to effectively communicate with customers. By breaking down complex concepts into relatable terms, you can convey the key value and benefits of your product or service.Using social media can be a double-edged sword, as it is necessary for content creators to engage with their audience and add value, but it can also lead to unproductive time and distractions. Different marketing channels, such as podcasts, YouTube, and Twitter, cater to diverse audiences. It's crucial to understand your target customers' preferences and reach them through the appropriate channel for business success.Quote of the Show:“The only people that matter in my business are my perfect customers and what matters to them.” - Dominic RubinoLinks:LinkedIn: https://www.linkedin.com/in/dominicrubino/?originalSubdomain=ca Website: http://www.bizstratplan.com/ Website: http://www.profittoolbelt.com Podcast: https://podcasts.apple.com/ca/podcast/profit-tool-belt/id1473467565 Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614

This week’s guest started her first successful business when she was 19, became a TEDx speaker, and is now an Emmy nominated, award winning, TV and film producer. Joining the show is Managing Partner at Parliament Studios, Jenny Feterovich. Jenny joins host Wes Mathews and shares her inspirational journey as a successful entrepreneur who immigrated to America with just a hundred dollars and a suitcase. She shares her belief in the power of self-reflection, hard work, and persistence as key driving forces behind her success.  Takeaways:Having unwavering self-belief is the silver bullet for success, even in the face of doubt and discouragement from others. It's crucial to persevere and find solutions, despite the challenges encountered along the way.Despite limiting circumstances, entrepreneurial individuals display resourcefulness by finding ways to work around their circumstances. The core principle of entrepreneurship is leveraging existing assets to generate income and pursue ideas.Self-reflection and wisdom gained through age and experience can lead to the realization that chasing external success may not align with one's soul's purpose. Understanding this can help prioritize personal fulfillment over societal expectations.Having a clear purpose in life and using platforms like winning an award to share a meaningful message can greatly impact and inspire others. It's crucial to align our desires with our purpose and consider how we can make a positive difference.Building strong connections and staying committed to your goals can lead to remarkable opportunities, like receiving funding for your business, winning awards, and garnering critical acclaim. Immersive experiential entertainment is gaining popularity, as traditional forms of entertainment are being replaced by more interactive experiences. The future lies in creating engaging content that captivates the younger generation in innovative ways.Success is often perceived as an overnight achievement, but in reality, it requires years of hard work, dedication, and unseen effort. Understanding the behind-the-scenes journey is crucial to appreciate the true significance of someone's accomplishments.Quote of the Show:“If you're passionate and you can showcase that you are going to make this work, no matter what, and you are going to do it right, I think you will succeed.” - Jenny FeterovichLinks:Twitter: https://twitter.com/jennylafemme?lang=en LinkedIn: https://www.linkedin.com/in/jenny-feterovich-0b756015/ Website: https://parliamentstudios.com/ Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614 

In this episode of Entrepreneur Intel, we are joined by a talented founder whose own experiences as a parent led her to start her business. Our guest this week is the woman behind one of the leading childcare centers in the Detroit area, IXL Learning Center. Please welcome to the show, Jennifer Moss!Wes has a detailed conversation with Jennifer about her journey from being a stay-at-home mom to becoming a successful entrepreneur with nine operational learning centers. Jennifer shares her experiences and gives invaluable advice about leadership, entrepreneurship, real estate, and the importance of building a strong team. Takeaways: Becoming a leader involves making mistakes, going through challenges, and learning from them. Being self-reflective, adaptable, and open to change are crucial qualities for personal growth and improvement in leadership.Effectively managing a large company requires a strong team, with individuals who can handle day-to-day operations while the leader focuses on strategic initiatives like securing new locations and overseeing renovations. Effective communication, use of technology, and adherence to processes and procedures in child care centers help ensure consistency, safety, and efficient management of activities and incidents.Actively seeking opportunities, rather than waiting for them to come to you, is a crucial aspect of achieving success. By creating your own luck and maintaining a positive mindset, you'll be able to recognize and capitalize on potential opportunities.Owning real estate provides control over the appearance and maintenance of one's business location, as well as the opportunity to be recession-proof and ensure long-term sustainability.Implementing a managing partner system allows for shared profits and eventual ownership, ensuring passionate individuals who care as much as the founder can contribute to a company's success. Learning to delegate, trust others, and embrace imperfections allows entrepreneurs to establish boundaries, free up time, and minimize worries, leading to a healthier work-life balance and greater overall efficiency in managing multiple locations.Quote of the Show:“I truly believe if you put your heart and soul into it and you provide the best that you can provide, the business comes.” - Jennifer MossLinks:LinkedIn: https://www.linkedin.com/in/jennifer-moss-8b848316/ Website: https://www.ixlkids.com/ Ways to Tune In:Spotify: https://open.spotify.com/show/2I9O1Du2CFBfhGkvR1Oyem Apple Podcasts: https://podcasts.apple.com/us/podcast/entrepreneur-intel/id1720785558 Amazon Music: https://music.amazon.com/podcasts/4d7fcd6e-e68f-4855-bb8a-8f872fc5b799 Podchaser: https://www.podchaser.com/podcasts/entrepreneur-intel-5556614 

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