🎉 Drumroll…. Introducing the celebratory solo 100th episode of my podcast, the Business Growth Architect Show! Join me as I share insights into creating a customer-centric transformational journey, organizing your experience under one cohesive umbrella, and the power of our method, the 5 Star Success Blueprint. In short, it’s jam-packed with behind-the-scenes insights and shortcuts about turning your talent into a business, and subsequently growing and scaling it.
First, I am grateful for the enriching dialogues I’ve had with thought leaders like David Neagle, Blaine Bartlett, David Meltzer, and JV Crum the III. Throughout these conversations, I’ve distilled the formula for success in entrepreneurship into three pieces: mindset, action set, and skill set.
Drawing from my journey as an experienced professional, I speak candidly about the importance of maturity and depth in an age often dazzled by the flashy, and yet shallow, promises of internet marketing, which hype the dream and set unrealistic expectations. Instead, we focus on some of the basics.
First, we explore the critical role mindset plays, emphasizing that it requires a firm decision as that decision is the catalyst for the actions that must follow.
But actions without the required skillset are like a ship without a rudder. That’s why understanding which skill sets to improve is critical, acknowledging where we excel and where we need others to complete the picture.
Given the fear and uncertainty in the market, I have created our “profit formula,” a tool that uses a mathematical calculation and will tell you what your realistic income potential is against the backdrop of inflated industry promises of 10x. You can find this free quiz “What’s Your Talent Worth” to calculate your earning and income potential based on factors that are relevant in this market right here.
Given the fear and uncertainty in the market, I have created our “profit formula,” a tool that uses a mathematical calculation and will tell you what your realistic income potential is against the backdrop of inflated industry promises of 10x. You can find this free quiz “What’s Your Talent Worth” to calculate your earning and income potential based on factors that are relevant in this market right here.
Throughout this episode, my aim is to give you the practical advice and methods you need to transform your passion into profits and your talent into a thriving and scaling enterprise. I encourage you as an entrepreneur to aim for the attainable and to believe in your journey, laying the groundwork for meaningful growth and true success.
What You’ll Learn In Today’s Episode:
- Exploration of the 3 Essential Framework Elements for Success: mindset, action set, and skill set.
- Discussion on the importance of making resolute decisions to set goals and grow a business.
- Leveraging experience and wisdom for effective business practice, especially as an experienced professional.
- Introduction of the “Profit Formula” to help listeners evaluate their income potential.
- Analysis of the realistic factors that impact earning potential in the current business climate.
Time Stamps:
00:37 – Celebrating 100 Episodes: A Journey of Conversations and Growth
01:03 – Mindset, Action Set, and Skill Set: The Three Pillars of Entrepreneurial Success
01:50 – Cultivating the Right Mindset: Decision-Making in Business
02:13 – Action: Committing to Strategies for Achieving Business Goals
02:40 – Skill Set: The Importance of Acquiring Needed Skills and Knowing When to Delegate
03:17 – Leadership and Teamwork in Business Growth
04:06 – Experience in Business: Beyond Age and into Wisdom
04:34 – Insights on Shortcuts and Efficiency from a Seasoned Expert
04:59 – Internet Marketing Myths: Cutting Through the Hype
05:25 – Historical Perspective on Mindset and Success
06:25 – Behind the Scenes: Developing the Profit Formula
07:46 – Calculating Real Income Potential with the New Profit Formula.
Resources Mentioned:
Beate Chelette: Website | LinkedIn | Instagram | Twitter
Ideas Worth Sharing:
Your earning potential with experience goes up by a lot because your factor is higher. - Beate Chelette Click To Tweet Just talking about mindset or skill is not enough, it's the execution that counts. - Beate Chelette Click To Tweet The journey from nothing to a multimillion-dollar business is of learnings and big decisions. - Beate Chelette Click To Tweet
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