“Stop thinking small and start thinking big”.

Ep #152:  Michael Zipursky, ConsultingSuccess.com

Ep #153:  Katie Welsh, Chain of Wealth

Ep #154:  Jeff J. Hunter, The Jedi of Outsourcing

Ep #155:  Mike Xave, Airbnb entrepreneur

Ep #156:  Carl Allen, the expert on buying and selling small businesses

The Daily Grind Business Podcast interviews successful business owners and people in hopes to inspire the next great entrepreneur.

Welcome to Week 30 of The Daily Grind Business Podcast Weekly Summaries. Each week the interviewees impart their wisdom by sharing their experiences. Learn from them. To connect with them and to receive some free information please click on the links below.

There is a common thread with all successful entrepreneurs and that is the importance of investing in both your business and personal growth. So each week we also share with you titles of books that either these entrepreneurs have written or suggested that you read.

The people who Colin interviews didn’t just make a million dollars. They persevered. A lot of them failed; but they got back up, dusted themselves off and got back in the race. They had an undying belief that what they were doing was the right thing and would eventually take off – it just needed time and more hard work. In the process, they reached out to mentors, read books, listened to podcasts and audiobooks and attended seminars. They got rid of their egos and they learned from people who were doing exactly what they wanted to do.

We are passionate about helping entrepreneurs get started in their businesses so this is why we have compiled weekly notes from our weekly podcasts. The entrepreneurs who so graciously offered their time to be interviewed are passionate about giving back and helping others as we do.

You are not alone!

Week 30

1. Michael Zipursky is an author, entrepreneur, and CEO of ConsultingSuccess.com. He has consulted for organizations and advised leaders throughout North America, Europe, Asia, Africa, Australia and the Middle East in over 30 industries, from service providers to billion-dollar multinational corporations including Panasonic, Dow Jones, Financial Times, Royal Bank and many Michael is an in-demand speaker and gives keynotes and workshops for the Certified Management Consultants Association, Canadian Internet Marketing Conference, Chartered Management Institute UK and others.

Michael’s work has appeared in MarketingProfs, Huffington Post, Financial Times, FOX Business, Maclean’s, HR Executive, Business Edge, Marketing Magazine and in several other media and publications. He is the author of 5 books on consulting and marketing including his most recent bestseller The Elite Consulting Mind. Michael speaks English and Japanese and loves traveling and spending time with his family.


2. Katie Welsh is the Co-Founder of Chain of Wealth, which was created from what started as a simple conversation between Katie and Denis about finances.

“We created Chain of Wealth to document Katie’s Debt Payoff Story and as a way to inspire others to do the same.”

Katie has a phenomenal debt story. She was actually over $200,000 in debt and has reduced that to now only $26,000.

She blogs about her progress and interviews people who have an inspiring story to tell.


3. Jeff J. Hunter is the founder and Chief Freedom Officer at VA Staffer, the outsourcing agency he created to help businesses build virtual teams. With a background in IT and virtual project management, he knows the ins and outs of getting projects done virtually. Today Jeff shares his story of how this all got started.


4. Mike Xave, a former Robotics Engineer, now Airbnb Entrepreneur spent years struggling to break out of the 9-5 until he stumbled upon Airbnb.

Now, Mike is the founder and CEO of the short-term rental agency, King Street Stays, that specializes, and offers to coach in Airbnb rental optimization and automation.

 


5. Carl Allen is an entrepreneur, investor, and corporate dealmaker who has worked on transactions worth over $50 billion, which includes over 250 acquisitions and sales, together with more than 100 capital fundraising projects. In a 24-year career, Carl has analysed thousands of businesses, big and small, in 17 different countries and across nearly every business sector, including technology, pharmaceuticals, transport and logistics, engineering, manufacturing, aerospace, consumer goods and services, business services, retail, professional services, finance, packaging, and corporate clothing.

Carl has a solid reputation as an investor and corporate dealmaker, having worked for Bank of America, Hewlett-Packard, Forrester, and Gartner. He has advised some of the world’s largest corporations on investments, acquisitions, disposals, and restructuring, Carl has also assisted hundreds of business owners in raising both equity and debt finance. Carl walks the talk, having acquired and sold numerous businesses for himself. Carl is one of the world’s premier experts on buying and financing small business acquisitions and coaches more than 700 entrepreneurs all over the world to buy small businesses rather than starting new ones.


Here are the key overarching takeaways from Colin’s interviews.

If anything resonates with you, click on the link and listen to the full one-half hour podcast or if you have any questions these entrepreneurs supplied you with their links so you can personally reach out to them.

“When people get to different levels in their businesses they will have different challenges. Approach challenges and be excited by the opportunity to figure out how to overcome them. Many of us just “back off” when we encounter challenges or tough situations. But if you really want to make progress then you have to figure it out. Lean into it and get it done. But you do not have to do this. You can stay where you are right now and continue to enjoy what you are doing now.”  by Michael Zipursky


“Each one of us has the ability and the opportunity to create anything we want in our current situation. If you want to see a change in your life and in your business then it will require you to do things that you haven’t done to this point.” by Michael Zipursky


I think people try to overcomplicate their marketing and sales because they are trying to stay on the leading edge. They spend so much time in technology and in social media and all these other distractions that they are ultimately spending less time getting in front of their ideal clients  and engaging in meaningful conversations with them.” .”  by Michael Zipursky

 

“Facing your finances is hard for everyone, but with a plan in place, and sticking to it makes a huge difference.”  by Katie Welsh


“Working from home can be tricky. I write down everything I need to get done for the week on Sunday. I then section the workload into days.”  by Katie Welsh


“Pinterest helps us drive traffic to my blog.”  by Katie Welsh

 

“Virtual teams are the future. I have about 50 virtual assistants that presently work for me all throughout the world. I have copywriters, marketers, word press experts, click funnels experts, email automation specialists and executive assistants. I outsource almost everything in my life.”  by Jeff Hunter


“You must have a clear value statement if you want to get noticed in the online world. You need very strong branding so people will recognize it. You also need a good content marketing strategy. 90% of my content is based around telling people that they actually have a problem.”  by Jeff Hunter


“These are the 3 lies that I hear all the time: These are the lies that we tell ourselves, to justify to ourselves, why we do everything for ourselves: #1. No one can care about my business as much as I do.  #2. It’s going to take too long for me to train someone.  #3. It’s too hard to find a good virtual assistant.”  by Jeff Hunter

 

“I am on a mission to help people start Airbnb businesses. It started in 2011 after I read the book – The 4-hour workweek. I was studying engineering. I then realized after reading this book that I wanted to create a passive income lifestyle.
I partner with landlords to help put their properties on Airbnb. I acquire properties without owning any real estate.  Anybody can do this.”  by Mike Xave


I came up with this concept called the ROI mindset. You need to identify how much money you want to make. Then you need to back calculate what you think you are worth. The decision as to how much you think you are worth is the key. Now, I only allow myself to do the tasks that will produce the results that I am looking for. This forced me to delegate and automate the business.”  by Mike Xave


“Things started to change when I sat myself down and wrote out in detail what I wanted out of life. I created a vision for myself. So I would recommend to people who want to start a business is to make your vision now.
I integrate my vision board with my to-do list and every single day when I look at this board I look at my dream income. Every day I am working towards achieving this vision.”  by Mike Xave   

 

“I buy businesses from retiring baby boomers. The businesses I buy are typically manufacturing and engineering businesses, transportation and professional services and I buy small subsidiaries from larger corporations.”  by Carl Allen


“We are looking for the types of sellers that built good businesses but are now stale. We evaluate each business based on 3 things. We make sure each business relates to our own experiences. We look for businesses that have assets and cash flow and we check that each business is not under threat.”  by Carl Allen


“When you start a new company from scratch you don’t have any of the things that an established company does. You have no employees, no cash or credit, no products and services and you have no customers and it’s really, really hard to raise money for a start-up.


If you want to innovate and do something the world has never seen before then go and buy a small business that does something similar and then innovate from within that business.


There are so many deals out there!!”  by Carl Allen

 

FREE RESOURCES:

To connect with Michael visit his Website: ConsultingSuccess.com or listen to his Podcast: https://www.consultingsuccess.com/podcast or connect with him on LinkedIn: https://www.linkedin.com/in/zipursky/

To connect with Katie and follow her progress visit: Katie’s Website: chainofwealth.com

Twitter: https://twitter.com/ChainOfWealth

Podcast: https://www.chainofwealth.com/podcast/

Pinterest: https://www.pinterest.ca/chainofwealth/

To connect with Jeff Hunter: Jeff’s Website: jeffjhunter.com

Jeff’s $1 14 Day Challenge: https://9010life.com/14-day-business-freedom

To connect with Mike and receive his special offer go to: mikexave.com/grind

To connect with Carl for a free 90 minute training session visit: ninjaacquisitions.com/free

If you need a Business Plan visit: Plan2Profit

WANT TO CONNECT WITH Colin? Book a Call HERE 

Free Resources from Week 29

Free Resources from Week 28

Free Resources from Week 27

Free Resources from Week 26

Free Resources from Week 25

Free Resources from Week 24

Free Resources from Week 23

Free Resources in Week 1

Free Resources in Week 2

Free Resources in Week 3

Free Resources in Week 4

Free Resources in Week 5

Free Resources in Week 6

Free Resources in Week 7

Free Resources in Week 8

Free Resources in Week 9

Free Resources in Week 10

Free Resources in Week 11

Free Resources in Week 12

Suggested Readings:

The Elite Consulting Mind by Mike Zipursky

Straight Line Leadership: Tools for Living with Velocity and Power in Turbulent Times by Dusan Djukich

Relentless: From Good to Great to Unstoppable by Tim Grover

Think and Grow Rich; This Book Could Be Worth a Million Dollars to You by Napoleon Hill

Purple Cow: Transform Your Business by Being Remarkable by Seth Godin

The 4-hour Workweek – Tim Ferris

Relentless: From Good to Great to Unstoppable by Tim Grover

The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life by Hal Elrod and Robert Kiyosaki

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber

Suggested Readings from:

Week 23 and Week 24 and Week 25 and Week 26 and Week 27! And Week 28 and now Week 29!

There are also suggested readings from: Week 1, Week 2, Week 3, and Week 4 , Week 5 and Week 6, Week 7 , Week 8 , Week 9 and Week 10 , Week 11. and Week 12