Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters

New technologies are created when someone sees how the creation would fit existing desires, but that doesn’t mean that potential customers will understand its purpose or how to use it. In this episode, Dan and Shannon talk about the essential role of coaching when it comes to technology.

In business, it sometimes happens that someone is required to perform a task that’s beyond their capability. While it might seem like the entrepreneur or team leader should step in and help in such a case, doing so can actually get in the way of the individual and the team growing their capabilities. In this episode, Dan Sullivan shares a way to handle failures that will benefit the future of the entire organization.

In 1950, sociologist David Riesman developed a model to describe three types of individuals based on how they develop their opinions, values, and expectations of the world: tradition-directed, inner-directed, and other-directed. In this episode, Dan Sullivan explains what these three models look like, why entrepreneurs are more likely to bet their futures on their inner values, and how you can work on remaining true to yours.

When an entrepreneur pitches a project they’ve envisioned, it can seem like great results are just around the corner. But often, there are elements the entrepreneur hasn’t predicted, and these elements can delay, or even permanently sink, a project. Dan Sullivan has created a list of checkpoints you can use on any project to determine just how profitable it’s going to be, and when. In this episode, he explains the dangers of not using the checklist and walks you through each of its points.

Figuring out what to charge for a product or service can be a source of great stress, and sometimes fear, for entrepreneurs. In this episode, Dan Sullivan explains the mistakes most entrepreneurs make when determining a price and how they should be thinking about it instead.

While some entrepreneurs take advantage of new opportunities presented by change, others get stuck in their situations and left behind. In this episode, Dan Sullivan and Shannon Waller talk about the difference in perspectives between these types of entrepreneurs and how you can be on the right side of the current divide.

A general narrative is that people need to be courageous when they’re relatively young because they won’t be able to take risks when they’re older. But this narrative doesn’t apply to entrepreneurs. In this episode, Dan Sullivan explains the role of courage in an entrepreneur’s life and how he’s become more courageous and ambitious now, at the age of 78, than he was 30 years ago.

How do you teach your kids to be smart about money and ensure they’re not spoiled? This is a question many successful entrepreneurs have faced, including financial expert Chad Willardson, who decided to write a book on the subject. In this episode, Chad explains to Dan Sullivan how parents can ensure their kids are financially literate and have good “money values.”

In coaching successful entrepreneurs for decades, Dan Sullivan has developed the belief that every experience is valuable, and no single experience more than any other. In this episode, he explains why it’s important to allow people to learn and grow from their own experiences, including failure.

Most people don’t realize it, but the biggest danger you can face as an entrepreneur is boredom, which happens when you become so successful that you’re not excited anymore. In this episode, Dan Sullivan and Shannon Waller discuss the negative decisions and situations that boredom can lead to, and what you should do if you find yourself getting bored.