In this podcast episode, John Crutchfield discusses the crucial mindset shift needed to transition from hustling to building a sustainable business. Highlighting a story about a coaching student, the episode emphasizes the importance of strategic planning, long-term goals, and patience in business growth. The speaker advises listeners to seek guidance from proven entrepreneurs and avoid misleading social media influences, sharing insights on preparing for investment opportunities and the bumpy yet rewarding road to financial freedom.
Timestamps
00:00 Introduction and Purpose
00:21 The Importance of Mindset
01:14 From Hustling to Business Growth
02:25 Strategic Planning for Business Success
04:11 Patience and Long-Term Thinking
06:03 Building Quality Relationships
06:44 Advice for Aspiring Entrepreneurs
07:43 Conclusion: Change Your Mindset, Change Your Life
Key Takeaways:
• Recognize the difference between being a "hustler" and being a strategic business owner. Hustlers grind and make things happen, but business owners have a long-term plan and focus on building a brand and reputation.
• Set clear goals for where you want your business to be in 1 year, 2 years, 5 years, and 10 years. Align your daily actions to work towards those long-term goals.
• Be patient and understand that the path from "bondage to freedom" is not linear - it will have ups and downs, aches and pains, worries and triumphs. Don't rush the process.
• Focus on building quality relationships and partnerships, not just one-time transactions. Think about how to serve your customers/clients repeatedly over the long-term.
• Be cautious about following everyone on social media who is trying to sell you something. Look for entrepreneurs who are actually doing the business they claim and are transparent about their performance.
If you are interested investing in real estate and make connections, shoot an email at [email protected]. Read on some of our blogpost http://grabthemap.com/http://grabthemap.com/.