Financial

8 Ways To Make Money (for Teenagers)

By | Education, Financial, Startups | No Comments

Did you know that at age 13, John D Rockefeller – the richest man in the world – built his family a house?!!!

As a teenager I was definitely not a productive member of society.

Quite the opposite actually.

That being said, I continue to believe that we all underestimate what kids can accomplish at every age.

If you have teenagers in your life, this video is for them.

Over the past few months I’ve received dozens of emails and comments on my videos from young entrepreneurs (9-15 year olds) asking for advice.

So after a few emails I decided to create a video sharing the 8 ways I would start making money if I were starting over in my teens. Read More

How To Divide Ownership Fairly When Forming A Startup

By | Community, Financial, Startups | One Comment

How does Richard Branson manage 400+ companies?

He doesn’t.

Over the years he’s learned how to build teams and split ownership in a way that drives everything forward.

In 2004, after 2 failed companies, I finally learnt this lesson.

When I started my company Spheric Technologies I started it with partners.

Why? I realized if I wanted to go far – and get there faster – I needed other people on the team that had a piece of the business.

One of the strategies I teach my high-end coaching clients ($5M+ / year in revenue) is how to build and structure teams to take on new initiatives outside their businesses.

I’m all about focus, but it doesn’t mean you can’t bring other ideas to life… Read More

Why Companies Fail & How To Prevent It

By | Financial, Leadership, Startups | 8 Comments

Are you running out of money?

Do you have something people want to buy?

Do you have a cost effective marketing plan?

Do you have the skills to lead your team?

Are you able to hire great people?

Have you built a system that outlines how you deliver value to your customers in a repeatable way?

Feeling overwhelmed by this avalanche of questions, and wishing you could get back to your regularly-scheduled programming of being “fake busy” and avoiding the hard sh*t? Read More

7 Steps To Turn Around ANY Failing Company

By | Financial, Startups, Strategy | 4 Comments

I’m the guy that gets the call when a business is in trouble…

… when a business is on the verge of bankruptcy.

Friends call me.

Banks call me.

If I’m lucky, the entrepreneur calls me before it’s too late.

The truth is, it’s always challenging for me to see another entrepreneur failing…

… especially when they have major debt owed, personal guarantees and their biggest dreams hanging in the air as collateral.

It’s even more heartbreaking when kids are involved.

It crushes me inside.

That being said, the game plan to turn things around is ALWAYS the same. Read More

5 Important Elements of a Financial Business Model

By | Financial, Growth Engine, Metrics | 4 Comments

Have you ever felt stupid?

I have.

For pretty much my entire teenage existence I felt like I didn’t understand the world around me.

When I got into business at 17 it was no different.

I’d watch these “businessmen” talk and I had no clue what they were saying….

… but over time I decided to learn.

I put in the time to study books on marketing, finance, leadership, design, etc..

After a while, I could understand what they were saying and actually challenge some of their views.

Once you learn business, it’s really not that complicated.

It comes down to 5 core elements that need to be understood. Read More

The Top 5 SaaS Metrics

By | Financial, Metrics, Startups | 8 Comments

Are you a SaaS entrepreneur?

If not, probably best to skip this blog…

… but don’t worry, next week I’m going to share a killer strategy on how ANY business owner can grow their company by “drafting” on other people’s hard work.

Simple strategy, but powerful results.

However, if you ARE a SaaS entrepreneur, then let’s talk numbers.

Every day I get someone asking:

“What are the key metrics I should be monitoring in my startup?”

Even though it’s a loaded question, when it really comes down to it… Read More

5 Mistakes Entrepreneurs Make When Selling Their Business

By | Financial, Startups, Strategy | 2 Comments

Alright, I need to correct something.

At the 34 second mark of this video… I lied.

I was sharing about the past 10 years in business and I said “I started and scaled 10 companies…”

Now, hopefully we both know that isn’t true (or possible).

The real number is 3, not 10… but still, 3 startups from scratch, scaled to multi-million dollar companies – and exited – not bad, right? Read More

3 Things A Business Must Do To Be Successful

By | Financial, Marketing, Startups, Strategy | 4 Comments

The other week I had the privilege of having Greg Crabtree, the author of Simple Numbers, over to my house for dinner.

What I love about Greg is how he simplifies everything down to its core essence…

… or a farm analogy 🙂

I absolutely love the way he teaches and tells stories.

He’s from Huntsville, Alabama and grew up on a chicken farm.

Actually, one of my favourite analogies he mentioned was… Read More

You Can Only Keep What You Give Away

By | Community, Financial, Leadership | 19 Comments

I’m about to challenge you in a really BIG way, .

There’s even a chance it’ll make you feel slightly uncomfortable…

Maybe even have you reaching for the tiny X in the corner of your browser.

But that’s perfectly alright…

Cause as an entrepreneur committed to your growth and success, it’s a message you absolutely have to hear.

There’s just no escaping it.

It’s the topic of GIVING.
Read More

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