Nnouma anaa se (fapem) Miyansa: Recent Episodes
Do Not Listen to This Podcast
This show is about why it is so important to take risks in business and personal lives. I'm one of the few people with Comedy Writer and MBA Finance on their CV. This show is about helping creative types with understanding how to turn their talents into a business. On the business side, it is about helping companies to put a real tangible value on the intangible assets, benefits, and values of their creative types.
During the first 13 weeks of 2019 we will help you to take nothing to something to create a sustainable business venture.
Sustainability in business has two elements cash and health. Most people miss the health part and how important it is to succeed.
This episode covers how to create sustainable healthy boundaries.
This is the first of two episodes covering - the direction of your business. The episode is connected to episode 8. The key concept here is to pay attention to simple and complicated math.
I explore the importance of knowing your buyout number is important and how to calculate that number.
We will also discuss some of the importance of simple math. Money in and money out. Also, why it is dangerous to over-delegate your business math.
The importance of acceptance because time is a finite asset that we don’t get back – ever.
The sooner we accept there are more things out of our control than within our power is the fundamental concept of this episode - markets matter.
Don’t feed the delusion, make sure to feed the dream.
However, once we start working on our dream, it becomes real. Meaning we have to create another idea that we can tap into when reality gets too painful.
Remember not to make any major decisions when we’re feeling down or feeling to up. In the down cycle, we’ll make decisions out of fear. That tends to create more fear.
When people say they don’t watch the news anymore or they stay out of politics. They are hurting their business.
If we’re not paying attention to what’s going on in the world (markets), then we’re hurting our current and future business opportunities.
Now, this does not mean we have to obsess on the news. We are better off knowing what is going on versus what isn’t – because what is going on in the market will impact your buyer’s mentality. We have no control over those things. We do have control over paying attention to them.
This episode also explains behavioral finance in the domain of gains or domain of losses.
When we are speaking of the domain of gains, this means that I have two choices and no matter which one I pick, I'll get a benefit on my money.
The inverse is true for the domain of losses with the change that both choices will bring me a financial loss.
In addition to paying attention to the market, we need to make sure that we don't make the mistake of negotiating for the client. That is not our job. Our job is to present their options. They are ultimately in charge of deciding to purchase or not purchase for themselves.
The episode also points out that not all business is good business.
Don't bury your head in the sand about world events and think that's helping you to focus on your business. That's nonsense.
Enjoy the podcast.
The key concept in this episode is that your first idea or product isn't going to be the profitable one.
For more information on the episode visit https://donotlistentothispodcast.com
In this episode, the key concept is for us to identify - what are our fixed cost?
It is important to understand that we have to pay ourselves. If we forget to do that from the start the problems only get worse.
The first three episodes focus on the mindset of the entrepreneur. The next three explore the importance of product/service pricing.
At the beginning of this episode, I talk a bit about linear and non-linear mindsets. It is important for you to know which type of thinker you are!
Bonus story at the end - Why a Vivendi/Universal deal failed from the beginning.
The key concept in this episode - make sure your business choices match your actual business model.
A business model must include these elements. 1. A customer value proposition 2. Aprofit formula 3. Key resources 4. Key processs.
There are two major business structure models. One is a resource based view and the other is dynamic capabilities.
The vast majority of entrepreneurs will fall into a dynamic capabilities model. This is very important to understand.
So many businesses fail simply because they try to play the game outside of their available resources. That's why tapping into the dynamic power structure of what you can and can't do is so critical to future success and ongoing pivots.
Remember, don't confuse strengths and weaknesses as resources. Hubris will kill more businesses than lack of funding.
I am going to help you build a business from out of nothing to something. This episode also contains a fun quitting Burger King story. We want to start with the business idea, and not the why!
My deepest apologies to Simon.
What I mean by that is simply is running a business a psychological fit for you? This episode contains the three questions to help you decide if being a business owner is a personality fit for you.
Feel free to engage with the show in the comments section of our site https://donotlistentothispodcast.com or here!
Thank you for listening.
New episodes every Wednesday!
Entrepreneurs are going to get a fun new show every Wednesday starting in 2019. On "Do Not Listen to This Podcast" I will break down how to create a side hustle with little or no resources that will generate an income equal or greater to the average pay of an employee in your country. We will cover all angles. Answer your questions. There will be prizes and surprises. Make sure to subscribe and visit the website for more details.
Creative blocks are going to happen. Getting through them without going crazy that's the real challenge. In this episode, what helps me to get through a block.
Risk tolerance has internal and external perceptions. What we may see as low risk can appear as a huge risk to others. This is really important because we don't want to compare out insides to the outsides of others. Otherwise it can generate a group of 10 fears that can cause great damage - if we don't see them for the lies they are.
Bob Nickman hosts The Exploding Human podcast. He took time out to be my first guest on these test run episodes. We chatted about a variety of topics including how important it is for artists and business owners to follow their intuition.
My friend Julian Smit had be on his show BIYF and the reason for the Simon Sinek and Gary V bans as guests on Do Not Listen to This Podcast got leaked. I'll punish the leaker once I find them. Oh, wait. It was me.
The shortcut to success is not taking shortcuts. Avoid growth hackers whenever possible. This episode also covers how we can break free of perfectionism because it tends to block our success.
This show is about why it is so important to take risks in business and personal lives. I'm one of the few people with Comedy Writer and MBA Finance on their CV. This show is about helping creative types with understanding how to turn their talents into a business. On the business side, it is about helping companies to put a real tangible value on the intangible assets, benefits, and values of their creative types.
This show is about why it is so important to take risks in business and personal lives. I'm one of the few people with Comedy Writer and MBA Finance on their CV. This show is about helping creative types with understanding how to turn their talents into a business. On the business side, it is about helping companies to put a real tangible value on the intangible assets, benefits, and values of their creative types.