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Episode 395: The Rebel Business & Finance Approach with Alan Donegan
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In this weeks guest episode, I interview Alan Donegan, co-founder of Rebel Business School, Rebel Finance School, and the Rebel Entrepreneurship Podcast. Alan shares his personal journey of finding purpose and achieving financial independence. We discuss the importance of setting goals, changing beliefs, and using tools like NLP to overcome challenges. Alan also emphasize the significance of sales in starting a small business and offer practical advice on reaching potential customers. He shares insights on achieving financial independence through increasing income, decreasing spending, paying off debt, and investing.
What We Discuss:
Finding Direction Podcast Introduction [00:00:00] Introduction to the podcast episode and the purpose of the Finding Direction podcast.
Alan's Moment of Feeling Lost [00:02:29] Alan shares a moment in his life when he felt lost and unsure of what to do after losing his job.
Sell Before You Create [00:08:58] Alan discusses the concept of selling before creating a product or starting a business, and the importance of validating ideas through sales.
Launching a New Business [00:10:31] Differentiating between running a large organization and starting a small business, the need to sell something to validate the business idea.
Changing Perceptions of Sales [00:14:19] Addressing the negative associations with sales, emphasizing the importance of sales in helping others and creating a difference.
Financial Independence and Investing [00:17:46] Explaining the concept of financial independence, increasing income and reducing expenses, investing in index funds, and creating a gap between income and spending.
The lifestyle of financial independence [00:21:23] Alan shares how achieving financial independence allows them to live the lifestyle they want, traveling and launching businesses around the world.
Practical steps towards financial independence [00:24:14] Alan provides practical steps to achieve financial independence, including reducing expenditure, increasing income, and investing the gap.
Having a purpose beyond financial independence [00:22:30] Alan emphasizes the importance of having a purpose beyond financial independence and how teaching others about financial independence has become their purpose.
The best place to dive deeper into Alan's world [00:30:14] Alan shares where listeners can find more of his work, including the Rebel Finance School and the Rebel Entrepreneur podcast.
Finding direction through action [00:32:03] Alan encourages listeners to take action and start finding direction in their lives by writing down ideas and testing them through mini experiments.
Conclusion and gratitude [00:34:11] The host thanks Alan for being on the podcast and expresses appreciation for the listeners' commitment to living a fulfilling life.
Episode Resources:
alandonegan.com (Website)
400 episodes
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