How To Build A Million Dollar Company With 1 Person w/Elaine Pofeldt

Tim Storey, a renowned author, speaker, and life coach, shares his inspiring journey from growing up in Compton to becoming a successful global speaker and entrepreneur. Tim emphasizes the importance of mindset, originality, and persistence in achieving success. He discusses how his background shaped his belief in self-empowerment and resilience, teaching listeners that, despite the struggles they may face, their ability to stay true to themselves and persist through adversity is key. Drawing from his own experiences and the lessons he learned, Tim highlights the significance of having the right attitude, surrounding yourself with the right people, and learning from every setback, ultimately reinforcing the idea that growth comes from pushing through challenges rather than avoiding them.Tim dives deep into the concepts of overcoming resistance and the power of persistence, particularly in business. He recounts stories of his early career, such as the time when he saw Prince perform live and witnessed the resistance Prince faced as an original artist, teaching Tim the value of staying true to one's unique path. Tim shares valuable advice for entrepreneurs, stressing the importance of perseverance—whether it's pushing through setbacks or the trial and error of business decisions, such as the use of Facebook ads. Ultimately, he encourages listeners to embrace failure as a stepping stone to success, forgive those who may have wronged them, and continue moving forward with their vision. Tim’s message is clear: consistency, belief in oneself, and embracing originality are the keys to achieving long-term success.CHAPTER TITLES2:19 - Tim's Backstory: From Compton to Success3:20 - Choosing the Right Path: Prosper Where You're Planted3:33 - Victim vs. Growth Mindset4:37 - Why Some People Succeed and Others Don’t5:39 - Mastering Skills, Tools, and Attitude7:22 - Learning to Get Hit: Business Resilience8:22 - The Importance of Mindset and Attitude9:35 - Overcoming Obstacles and Growing Stronger9:50 - Practical Steps to Make a Comeback12:21 - Decisions vs. Discoveries: The Entrepreneurial Journey15:02 - Patience in the Discovery Zone: Let Ideas Marinate17:23 - Originality and Resilience: Lessons from Prince's Early Career21:29 - Persistence and Overcoming Setbacks in BusinessConnect with Tim Storey :https://www.timstorey.com/Connect with Rudy Mawer:LinkedInInstagramFacebookTwitter

Beth Fischer, a therapist and expert in betrayal trauma. In todays episode she shifts her focus to the process of expanding from a solopreneur to building a team. She offers valuable insights for entrepreneurs and small business owners who are ready to take their business to the next level by hiring and leading a team. Drawing from her experience working with individuals in various stages of business development, Beth discusses the challenges of scaling a business while maintaining personal integrity and alignment with core values.Throughout the conversation, Beth explores the emotional and psychological aspects of growing a business, particularly how it impacts the individual’s sense of self and their ability to trust others. She shares practical advice on finding the right team members, setting clear expectations, and creating a supportive work culture. Beth also emphasizes the importance of building strong, trusting relationships within the team to prevent betrayal or miscommunication, drawing parallels between personal and professional relationships. Ultimately, she helps listeners navigate the complexities of team-building while ensuring their businesses remain true to their mission and vision.CHAPTER TITLES3:00 - The Importance of Building a Team5:00 - Transitioning from Solo Entrepreneur to Team Leader7:00 - Scaling by Trusting Others and Building a Framework9:00 - Finding the Right People to Help Spread Your Message11:00 - Growing Beyond 1-on-1 Coaching to Impact More Lives13:00 - Using Organic Content to Grow Your Brand15:00 - The Power of Controversial Reels and Social Media Engagement17:00 - Hiring the Right Team Members to Diversify Your Services19:00 - Shifting from Organic Growth to Paid Advertising21:00 - The Ripple Effect: Reaching Thousands and Changing LivesConnect with Beth:coachbethfischer.comConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter

Bill Allen, a seasoned real estate investor and entrepreneur, brings a wealth of experience in event hosting, business strategy, and personal growth. Known for his company, Seven Figure Flipping, and his work in coaching, Bill shares actionable insights from his journey, emphasizing the importance of structured events, effective follow-up strategies, and personal resilience. In a recent discussion, he explored how leveraging data and communication techniques can maximize event attendance and post-event engagement, offering tips for marketers and entrepreneurs alike. Bill's passion for mentoring extends to his latest project, Kids Who Flip, a TV show empowering young entrepreneurs to succeed in the real estate world.In his conversation, Bill highlighted the significance of using urgency and tailored messaging to bring attendees back into the room during events, noting the impact of a simple text that re-engaged nearly 400 participants. He delved into the nuances of post-event marketing, stressing the importance of segmenting audiences based on their interactions to create effective sales funnels. Beyond business strategies, Bill shared personal lessons about balancing professional and family life, recounting a challenging period in his marriage that ultimately strengthened his relationships. Through his story, Bill emphasizes the need for entrepreneurs to nurture both their businesses and their personal lives, offering a candid look at the highs and lows of his entrepreneurial journey.TIMESTAMPS2:30 - The Key to Successful Event Sales: Filling the Room with the Right People4:00 - Why Knowing Your Target Audience is Crucial for Event Success6:00 - Breaking Down Revenue Streams from Events8:00 - Leveraging Emotional Engagement to Drive Sales10:00 - The Power of Storytelling in Event Presentations12:00 - How to Design Offers That Sell Themselves14:30 - Scaling Event Sales: Strategies for Growth16:30 - Avoiding Common Mistakes in Event Marketing18:00 - Wrapping Up: Your Next Steps for Event Sales Mastery19:15 - Using Scarcity and Urgency to Drive Attendance20:16 - Tailoring Post-Event Marketing to Audience Behavior21:21 - Maximizing Engagement at Large-Scale Events22:07 - Analyzing Non-Buyers for Future Opportunities22:29 - Rapid Fire: Bill’s Biggest Success and Challenge24:33 - How to Connect and Learn More from Bill Allen25:08 - Final Thoughts on Hosting and Learning from EventsConnect with Bill Allen:SOCIALS - Billallenrei https://www.7figureflipping.com https://intheroom.live/Connect with Rudy Mawer:LinkedInInstagramFacebookTwitter

This episode features Elaine Pofeldt, an acclaimed journalist, author, and expert on solo entrepreneurship. Best known for her book The Million-Dollar, One-Person Business, Elaine has spent years analyzing how individuals can achieve high levels of financial success while maintaining lean operations. She joins the conversation to share insights into the mindset, strategies, and tools that empower entrepreneurs to thrive without large teams or extensive resources.Elaine discusses the importance of valuing time, optimizing productivity, and choosing scalable business models that allow entrepreneurs to focus on growth. Drawing from her extensive research and interviews, she highlights the pitfalls of over-investing in product perfection at the expense of sales and marketing. The conversation also explores the power of overcoming gatekeepers, embracing digital tools, and connecting authentically with audiences to drive success. Elaine’s actionable advice and inspiring examples make this episode a treasure trove for aspiring and experienced entrepreneurs alike.CHAPTER TITLES03:00 - Starting the Journey: Defining Success05:00 - Normalizing Achievements: Building Confidence Through Repetition07:00 - Valuing Your Time: A Key to Scaling Success09:00 - Mastering Delegation: Building Support Systems11:00 - Simplifying Success: Choosing the Right Business Model13:00 - The Marketing Shift: Focusing on Sales Over Perfection15:00 - Amplifying Your Reach: Overcoming Marketing Challenges17:00 - Handling Criticism: Tuning Out the Haters19:00 - Ignoring Gatekeepers: Pioneering Your Own Path20:00 - Closing Reflections: Advice for Future EntrepreneursConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter Connect with Elaine Pofeldt:Senior Contributor to ForbesBook 1 - Million Dollar 1 Person BusinessBook 2 - Tiny Business, Big Moneyhttps://www.elainepofeldt.com/

In this episode, I dive into the concept of the Blue Ocean Strategy and how it can help you stand out in today’s competitive business world. I explore the difference between "blue oceans," which represent untapped, less competitive markets, and "red oceans," the overcrowded spaces where it’s hard to get traction. By looking at examples like Airbnb and Netflix, I show how success often comes from creating something unique rather than competing in saturated markets. Testing ideas and adapting to trends is crucial, and I share how even small pivots can make a big difference in carving out your own space.I also talk about ways to innovate without starting over. Whether it’s rebranding, redesigning how you deliver your product, or even expanding into new markets, there are many ways to stand out. The key is to stay flexible, keep an eye on industry trends, and understand what your audience truly needs. It’s all about finding those fresh opportunities and putting your unique spin on them. If you’re feeling stuck in a crowded space, this episode offers practical ideas to help you move into a blue ocean and set yourself apart.CHAPTER TITLES01:22 - Blue vs. Red Oceans: What They Mean for Business03:03 - Creating Blue Oceans in a Saturated Market04:38 - Pivoting Without Starting Over06:06 - Adapting to Market Trends and Buyer Behavior08:46 - Learning from Big Brand Evolution10:36 - The Power of Strategic Industry Shifts13:04 - Brainstorming Blue Oceans with ChatGPTConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter

Ryan Moran, an entrepreneur and investor known for his expertise in e-commerce and brand-building, shares the incredible story of how he sold his company for $16 million, only to buy it back later for pennies on the dollar. Moran takes listeners through his journey of building the company from the ground up, scaling it, and eventually making the decision to sell. He reflects on the highs and lows of the sale process and the unexpected challenges that came after the deal was done. Despite the success, Moran reveals how losing control of the business led him to rethink his approach to entrepreneurship and what he values most.The episode then shifts to a fascinating discussion of Moran’s decision to repurchase the company, a move that required not just financial investment, but a new mindset and a willingness to start over. Moran explains the process of buying back his company, the lessons he learned from both the success and failure of the sale, and the strategies he employed to rebuild the business stronger than before. Through his candid storytelling, Moran emphasizes the importance of resilience, the power of learning from mistakes, and how the experience has shaped his perspective on business and life. This episode provides invaluable insights into the entrepreneurial journey, showcasing the significance of persistence and the ability to pivot when faced with unforeseen circumstances.CHAPTER TITLES3:00 - The Journey Begins: Selling for $16M5:30 - Early Days: Growing the Company8:00 - The $16M Sale: What Went Right10:30 - Post-Sale Realities: A Sudden Shift13:00 - Buying It Back: The Big Decision15:00 - Rebuilding the Business from Scratch17:30 - Overcoming New Challenges19:00 - What I Learned from Losing the Company20:30 - The Power of Persistence in Entrepreneurship22:00 - Future Plans: Moving Forward After the ComebackConnect with Ryan Moran:SOCIALS - Ryan Daniel Moranhttps://www.capitalism.com/https://www.capitalism.com/playbookConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter

In this episode, Greg Herlean, a renowned entrepreneur and expert in financial independence, shares his insights into building wealth through smart investments and strategic planning. Greg, known for his expertise in self-directed IRAs and real estate investing, begins by recounting his early struggles and how they shaped his relentless drive for success. He takes listeners on a journey through his unconventional strategies, highlighting the importance of taking control of one’s financial future by thinking outside the traditional investment box. As the episode unfolds, Greg dives into the key principles that have guided his success, from embracing calculated risks to cultivating a mindset of persistence and adaptability. Along the way, he addresses common misconceptions about investing and provides actionable advice for listeners looking to achieve financial freedom. Whether you’re a seasoned investor or just starting to explore the world of personal finance, this episode offers valuable insights and inspiration to help you chart your own path to success. CHAPTER TITLES 3:00 - The Surprising Start of the Journey 6:00 - Overcoming the First Hurdle 9:00 - A New Perspective Emerges 12:00 - Challenges of the Unknown 15:00 - The Turning Point 17:00 - Reflections on Progress 19:00 - Facing the Final Obstacle 21:00 - A Triumphant Resolution 23:00 - Closing Thoughts and Takeaways Connect with Greg Herlean:SOCIALS - Greg [email protected] with Rudy Mawer:LinkedInInstagramFacebookTwitter

In this episode, fitness entrepreneur and author Jon Goodman shares insights from his journey of professional growth and personal reinvention. He emphasizes the importance of shifting focus from constantly refining expertise to mastering marketing and entrepreneurship, encouraging listeners to recognize the value of their existing knowledge and start making an impact. Jon introduces his concept of "leapfrog learning," a 60-day process of intensive skill acquisition and teaching, which he has used to explore areas like AI, automation, and wealth-building. Jon also previews his new book, *The Obvious Choice: Timeless Lessons on Success, Profit, and Finding Your Way*, offering wisdom on aligning goals with the "game" you’re playing, whether in business or personal pursuits. He highlights the need to use tools like social media strategically, rather than letting them dictate your path, and shares lessons from rebuilding his business after facing significant personal challenges. This episode is a motivating guide for anyone aiming to build a purposeful and impactful career.CHAPTER TITLES 03:00 - The Art of Letting Go: Freedom Through Delegation05:00 - You Already Know Enough: Stop Overpreparing07:00 - The Confidence Trap: Comparing Yourself to Colleagues09:00 - Obsession Shift: From Expertise to Marketing Mastery11:00 - Leapfrog Learning: Mastering New Skills in 60 Days13:00 - Teaching to Learn: Sharing Knowledge to Solidify Growth15:00 - The Power of Philosophy: Creating a Family Wealth Strategy17:00 - Different Games, Different Rules: Knowing Your Objectives21:00 - Social Media vs. Business: Playing the Right Game23:00 - Timeless Lessons: An Introduction to The Obvious ChoiceConnect with Jon:Personal Trainer Development CentreIG & X = ItscoachgoodmanBOOK - The Obvious Choicewww.theobviouschoicebook.comConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter

In this episode, we’re joined by Gino Wickman, a renowned entrepreneur, author, and creator of the Entrepreneurial Operating System (EOS). Gino shares his invaluable insights into achieving entrepreneurial success while maintaining balance and avoiding burnout. Drawing from his 30 years of experience, he discusses the importance of finding a personal "magic formula" for work-life balance. Gino emphasizes the delicate equilibrium between pushing yourself hard enough to avoid boredom, but not so hard that you burn out. He highlights the concept of a "work container"—a framework for maximizing energy and output while staying within your capacity for both work and life. Throughout the conversation, Gino offers practical advice on optimizing productivity and maintaining focus, from how to structure your workday to how to adapt your formula over time. He also explores how business owners can scale effectively, noting that, like building a skyscraper, once a business is up and running, it requires less day-to-day effort to maintain. Gino also dives into the importance of systems and delegating effectively to prevent overload. He encourages entrepreneurs to constantly assess their capacity, stay aligned with their values, and make strategic adjustments when necessary, ensuring long-term growth and sustainability in both their personal and professional lives.CHAPTER TITLES03:00 - Impact & Purpose06:00 - Finding Your Formula09:00 - The Work-Life Balance Formula12:00 - Energy and Efficiency15:00 - Shifting Over Time18:00 - The Burnout vs. Boredom Balance21:00 - Work Container and Business Growth24:00 - The Role of Systems in ScalingConnect with Gino Wickman:https://the10disciplines.com/BOOK TITLE - ShineConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter

This podcast episode dives into the journey of building a successful brand by mastering a single focus and delivering consistent value. The guest shares insights into finding and sticking to a niche, emphasizing that true growth happens when you become an expert in one area instead of trying to excel at everything. He recounts his admiration for Tony Robbins, whose dedication to his craft exemplifies the energy that comes from loving what you do. Highlighting his own path, he explains how focusing solely on podcasting has allowed him to build trust and engage deeply with his audience. By refining his expertise in this specific space, he's managed to stand out in an otherwise saturated market.The episode also addresses avoiding burnout by aligning your work with what brings you joy. For John, interviewing entrepreneurs is not just a job but a source of energy and inspiration. He shares advice for young entrepreneurs to embrace patience, relax, and avoid rushing through milestones, reminding them that sustainable success is a long game. John closes by encouraging listeners to focus on what they’re genuinely passionate about, as it’s this love for the work itself that will fuel them to succeed over time. The episode ends with resources for listeners interested in starting their entrepreneurial journeys with free courses and daily content.CHAPTER TITLES3:00 - Discovering Your Focus as an Entrepreneur5:00 - The Power of Personal Branding and Building Trust7:00 - Creating Consistent Content that Resonates9:00 - Knowing When You’ve Found Your Niche11:00 - Learning from Tony Robbins: Passion and Persistence13:00 - How to Stay Energized Doing What You Love15:00 - Avoiding Burnout and Embracing Your Strengths17:00 - The Value of Mastering One Thing Well19:00 - Patience and Progress: Advice for Young EntrepreneursConnect with John Lee Dumas:PODCAST - Entrepreneurs on FireYOUTUBE & IG - John Lee DumasConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter