In short
The $100M Entrepreneur Podcast - Episode Summary
Episode Information
- Title: The 20 Best Pieces of Business Advice From Successful Entrepreneurs: The Big Success Podcast 2024
- Host: Brad Sugars
- Description: In this milestone 100th episode, the podcast celebrates a year of insights and advice from various successful entrepreneurs. It compiles 20 impactful pieces of advice shared by guests throughout the year.
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Key Themes and Advice
Defining Success
- Personal Definition: Success is subjective; each individual should define it for themselves.
- Becoming Worthy: Strive to become the kind of person that deserves the success you seek.
The Importance of Community
- Support and Help: One of the best pieces of advice is to ask for help when needed.
- Employee Support: In the workplace, focus on helping others succeed to enhance your own success.
Balancing Emotions and Information
- Content Creation Insight: The best content resonates on an emotional level rather than just providing information.
Financial Wisdom
- Passive Income: "If you don’t find a way to make money while you sleep, you’ll work till you die." - Importance of creating income streams that operate independently.
Implementation and Action
- Goal Setting: Define success, set incremental goals, and take actionable steps towards achieving them.
- Starting Unprepared: It’s never the right time to start; take the first step regardless of conditions.
Embracing Change
- Growth Mindset: Adapt to change; instead of building walls against it, build windmills to harness its power.
Overcoming Fear and Resistance
- Taking Risks: The pain of remaining stagnant can outweigh the fear of taking risks.
- Collaborative Environments: People appreciate those who have experienced challenges and emerged stronger.
Practical Business Mindset
- Focus on Progress: Concentrate on making daily advancements without being overwhelmed by external chaos.
- Financial Management: Live within your means – "spend far less than you earn."
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Inspirational Quotes Shared
- "To be successful, become the kind of person that is worthy of that type of success."
- "People will treat you the way you allow them to."
- "Success leaves clues." - Jim Rohn
- "When the winds of change are blowing, some build a wall and others build a windmill."
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Conclusion
- The episode serves not only as a retrospective of the podcast's journey but also provides listeners with actionable insights from successful entrepreneurs.
- The host, Brad Sugars, encourages listeners to continue pursuing their personal definitions of success and to join in for the next phase of the journey.
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Call to Action
- Subscribe to the podcast for more insights.
- Engage by sharing favorite moments in the comments.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Welcome to this very special episode of the Big Success Podcast. Today, we're celebrating a huge milestone, 100 episodes of incredible insights, life-changing advice, and inspiring stories from some of the most successful people in business, life, and beyond. Each guest brought something unique to the table, and today, we're sharing the very best nuggets of wisdom to help you achieve your big success. All right, final question. What is the best advice you ever got on success or the best quote you ever read on the subject of success? You get to define what success means to you. Don't let someone else define it for you.
0:38To be successful, become the kind of person that is worthy of that type of success. I think what I said up front is your job isn't to make yourself look good. It's your job is to make the people around you look good. Because if they look good, you can't help but glow. And everybody knows who's responsible for their success. Well, the best piece of advice is ask for help. The best quote that I have for success is be kind to your future self. Do good deeds. You don't have to let light yourself on fire to keep others warm. Right. So in a workplace, if everyone else is on that hamster wheel because it's the end of the quarter and money has to come in or it's the end of the legislative session, you have to pass that bill because everyone else is on fire.
1:28You don't have to light yourself on fire to make them feel like what they're doing is right. And that you are part of that chaos. You can be that calm and slow it down to help people focus on what really needs to happen and align the strategy and where they need to go. And I know you guys do that very well at Action Coach. I'll make it specific to content creation and YouTube. The best quote I've ever heard about that is content is about emotion, not information. Yeah, that's a good one. And I would probably take a leaf out of Warren Buffett's book there, which is if you don't find a way or if you what is the get the exact quote now?
2:07If you don't find a way to make money while you sleep, you'll work till you die. Define what success is to you. Set your goals step by step to accomplish it. And then, as Nike says, just do it. Implement the plan. success is a matter. It's not something that's magical. It's not something that just happens. It's something that you have to plan for and then go out and get it. This is the one that comes to my mind. And it's by a French writer who's extraordinary. Her name is Anaïs Nath. And the quote is, and this always stays with me, it's the only one that I remember. And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.
2:58So Paul Allen, Paul Allen started Ancestry.com. And he said, don't take advice from somebody who doesn't think like you. And when he first said that, I was like, well, that doesn't sound right. But the more we started to think about it, I said, well, what do you mean by that? And he goes, it might be good advice, but it probably won't work for you because you don't think that way. So I can tell you what I signed my books with. And that's my key to everything. I sign it with it's never going to be the right time. Take the first step. I'm thinking of something, but I'm not sure it relates, but I'll make it tie in.
3:36I remember someone telling me probably 25 years ago, and it really stunned me when they said people will treat you the way you allow them to. If it is to be, it is up to me. Henry Ford once said it. The founder of the Ford Motor Vehicle Company, he said, whether you believe you can or whether you believe you can't, you'll be right. I would say that, you know, what would you do if you knew you couldn't fail? I forget who that quote is by, but what would you do if you knew you couldn't fail and then go do it? But I would say that the success quote of all time is the Chinese proverb I mentioned earlier, which is when the winds of change are blowing, some build a wall and others build a windmill.
4:23My view is that we should all be in the game of building windmills because the winds of change are perpetual. And if we can use them as a powering mechanism to be powered by change, we win. The best advice I've ever heard and continue to come back to is two things. One is just focus every day on putting one step forward. Don't worry about everything that's going on around you. And that was from the main man, Warren Buffett. And the other one was spend far less than you earn. I think for me, what it comes down to is the idea that nobody wants to work with someone or collaborate with someone who's only been through this clear, easy path.
5:09We want to work with people who have been through that turbulence. And so really find those people who have gone through the bumps and made it out on the other side and who are willing to try it again. So it's kind of a culmination of a lot of different things. Privileges and obligations must always be in balance. Success leaves clues. Yeah. And I think that's attributed to Jim Rohn. But if you want to set your goal at success, find people that have achieved that and see what they've done to achieve it because you could probably follow in their footsteps and get pretty close, if not better than where you are currently.
5:45From all of us at the Big Success Podcast, thank you for being a part of this journey. Here's to 100 episodes of inspiration and to the next 100 episodes of empowering you in every area of your life. So don't miss the next big milestone. Subscribe now. Share your favorite moments in the comments and let's keep the success going.
From the publisher
What a fantastic year 2024 has been for the Big Success Podcast and everyone alike! With so many amazing guests it is not hard to look back and see how wonderful a year it has been. Here we have compiled together 20 answers to the question “what's the best piece of advice you have received”. Take this opportunity to look back at all the amazing information all the guests of the Big Success Podcast have shared with us over the year!
Learn more about us: https://www.actioncoach.com/
About Brad Sugars
Internationally known as one of the most influential entrepreneurs, Brad Sugars is a bestselling author, keynote speaker, and the #1 business coach in the world. Over the course of his 30-year career as an entrepreneur, Brad has become the CEO of 9+ companies and is the owner of the multimillion-dollar franchise ActionCOACH®. As a husband and father of five, Brad is equally as passionate about his family as he is about business. That’s why, Brad is a strong advocate for building a business that works without you – so you can spend more time doing what really matters to you. Over the years of starting, scaling and selling many businesses, Brad has earned his fair share of scars. Being an entrepreneur is not an easy road. But if you can learn from those who have gone before you, it becomes a lot easier than going at it alone.
Please click here to learn more about Brad Sugars: https://bradsugars.com/
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