Why Founders Stall at $300K + The Blank Sheet

Podcast 26:37 | Download | Spotify| Stitcher | iTunes

Dan shares strategies for creating value as an entrepreneur – from maximizing personal productivity to defending your creative space so you can build something meaningful. He breaks down the common roadblocks entrepreneurs face at the $300K revenue mark and shares practical wisdom for navigating difficult personalities in business and in life.

Book recos form the episode:

“Getting Things Done”

“5 Types of People Who Can Ruin Your Life”

“The Courage to Be Disliked”

CHAPTERS:

Video:

00:00 Intro
00:38 “Entrepreneurs create more value than they consume”
02:14 Create & define space for creativity
03:53 Consistency in daily activities
04:55 GTD principles
05:59 What’s your “one thing”?
06:22 Setting up for reactive success
08:45 Being your own leader (Manage productive time)
12:10 Change meeting structure to protect creative time
17:44 The $300K sticking point
18:15 Key blockers: marketing systems & hiring decisions
20:17 Taking a pay cut in order to grow
22:43 Organizational design is critical
24:00 “The Five Types of People Who Will Ruin Your Life”
26:04 “The Courage to Be Disliked”
26:53 Improving business and personal relationships
28:43 Wrap Up

Audio:

(00:00:13) Intro
(00:00:45) “Entrepreneurs create more value than they consume”
(00:02:12) Create & define space for creativity
(00:03:52) Consistency in daily activities
(00:04:55) “Getting Things Done”
(00:05:59) What’s your “one thing”?
(00:06:22) Setting up for reactive success
(00:08:30) Being your own leader (Manage productive time)
(00:11:40) Change meeting structure to protect creative time
(00:15:17) The $300K sticking point
(00:15:55) Key blockers: marketing systems & hiring decisions
(00:17:46) Taking a pay cut in order to grow
(00:18:53) Scale beyond one-to-one service delivery
(00:19:56) Organizational design is critical
(00:21:18) “The Five Types of People Who Will Ruin Your Life”
(00:23:07) “The Courage to Be Disliked”
(00:24:11) Improving business and personal relationships
(00:25:39) Wrap Up

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Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Justin Tan, Matt Gartland, Ayman Al-Abdullah, Lucy Bella.

PLAYLIST:

“The Tailwind Index” & Dodging Business Blindspots

The Unexpected Downsides of Selling Your Business

Success Without Sacrifice?

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Have comments about the show?

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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian