loader from loading.io

Start-ups for beginners

8 Minute Mastermind

Release Date: 11/21/2019

You need someone to hold you accountable show art You need someone to hold you accountable

8 Minute Mastermind

Marina is a doctor of Chinese medicine and acupuncture. She opened her office in Encinitas four months ago. She's grateful for the transformation it's given her. She's making enough to cover her costs, and her clients are referring even more clients.

info_outline
You are worth it: holding yourself back is doing a disservice to your audience. show art You are worth it: holding yourself back is doing a disservice to your audience.

8 Minute Mastermind

Ben is a health and nutrition coach for entrepreneurs and thought-leaders. He's grateful for his health. He's celebrating setting up a live talk at Eve. 

info_outline
But first, you’ve got to get angry: working through tough emotions  show art But first, you’ve got to get angry: working through tough emotions

8 Minute Mastermind

Stacy has two businesses; an online gardening business and adventures for entrepreneurs. She's grateful for the certainty and support she gets from the group.

info_outline
Fighting fear and stepping into your calling show art Fighting fear and stepping into your calling

8 Minute Mastermind

Charity is a middle and high school teacher. She thinks it's time to pursue entrepreneurship. She's celebrating a family reunion for the first time in six years. 

info_outline
You need to clean up your rats’ nest show art You need to clean up your rats’ nest

8 Minute Mastermind

Kit Volcano runs The Little Volcano with his wife, Rosy. They train coaches. Their business has been compared to running a mystery school and a sacred funhouse of mirrors. He's celebrating completing his first talk. He opened for Kyle Seaspin. And he nailed it.

info_outline
Scaling 101: Don’t skip too many steps all at once show art Scaling 101: Don’t skip too many steps all at once

8 Minute Mastermind

Rosy Volcano is a transformational coach and a new mom. She and her partner Kit incorporate yoga, shamanic training, and body work into a coaching training course. She is celebrating her baby boy, and another big launch coming up.

info_outline
Networking with networkers: leverage your affiliates show art Networking with networkers: leverage your affiliates

8 Minute Mastermind

Stacy has two businesses: a digital online gardening business which helps people around the world grow herbs and vegetables; and life changing adventures for entrepreneurs. She's grateful for her beta on Circus of Entrepreneurs and the help from this group. It was an extraordinary experience. 

info_outline
Finding your name and asking for help show art Finding your name and asking for help

8 Minute Mastermind

Sharleen is an intuitive strategist. She just had one of the most synchronous weekends of her entire life, with her good friend Courtney.

info_outline
A no is not a failure  show art A no is not a failure

8 Minute Mastermind

Paul is sale marketing specialist. He builds chat bots. He's starting a business in Southern California that offers discounted travel, tourist tickets, and activities, and incentivizes people who do good in the world, whether it be recycling, mindfulness, or other do-good challenges. He's celebrating a move, and streamlining his budget. He's 14 days sober from caffeine. 

info_outline
Investing for beginners show art Investing for beginners

8 Minute Mastermind

Stacy has two businesses. She helps people grow vegetables and herbs and she provides adventures for entrepreneurs. Her first event is Friday. She's grateful that the details are coming together beautifully. 

info_outline
 
More Episodes

Holly is grateful for accepting a new position that she feels great about, that allowed her to drop two jobs she was only so-so about. She works for a start-up.

 

00:55 Challenge: What are some good resources for someone who doesn't have experience with start-ups? How can I find people who've been in this position before, to be able to chat with them? 

01:30 Question: What's your role in the company?

01:31 Operations and accounting. I don't know where to look for a mentor in a similar company - small. 

01:49 Question: Is the start-up funded already?

01:49 Yes.

01:55 Question: Can they pay salaries? 

01:55 No, not yet. 

02:03 Question: So people are just working for equity right now?

02:03 No, just working part time. 

02:10 Question: What is the biggest challenge for the start-up itself right now? Marketing? Sales? Delivery? Mindset?

02:21 Sales, spreading the word. 

02:27 Question: So marketing and sales, start-up. Will the new people be working on commission? 

02:36 No, we're not looking to hire anyone. 

02:43 Suggestion: So for resources, Y-Combinator, 500 Start-Ups, Dave McClure. Erik Reese, Lean Start-Up, is a great book. 

02:52 Question: So your role is operations, you might be wearing other hats, but is that what you're being paid for mainly? 

03:06 We're organizing that right now. For now it's mostly me getting things ready to be scaled. 

03:29 Suggestion: Focus on building the systems they need to scale. So focus on other companies that have scaled. 

03:58 Suggestion: Talk to Matt Richie. Matt is in our group, he worked with Jay Brown. He helps grow companies, and he's starting a Mastermind around it. 

04:24 Suggestion: The book Extreme Ownership was recommended to me. 

04:41 Suggestion: Book: Traction. Great start-up, operational-based.

05:15 Question: Let's spread the word. What is the word that you're spreading? What is your target avatar right now? What are you leading them to? What's the offer?

05:26 It's CBD creme; face products, sleep spray, higher level cosmetics. It's called Culture For Good. 

05:45 Suggestion: First rule of marketing, always be marketing.

05:51 Suggestion: Talk with Cece Bodela? She markets direct sales CBD for a living. 

06:20 Suggestion: Chris from Alexinol? 

 

Three Key Points:

  1. Books for start-ups: Extreme Ownership and Traction
  2. Network; leverage the groups you’re in.
  3. Don’t be tempted to put on too many hats; define your role early.