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We LOST Over A MILLION DOLLARS! ( How To Handle Failure) | Episode 154

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Manage episode 428145666 series 3282916
Content provided by Melanin Money Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melanin Money Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Want to know how to NOT lost $1,000,000? In this episode we do a dive deep into the critical lessons every business owner and entrepreneur should know to avoid costly mistakes and build a thriving business! Let's talk about :

💡 Finding and Solving Problems

Instead of throwing money at problems, take the time to understand and address the root causes. Carter Cofield and George emphasize the importance of thinking through issues rather than simply trying to buy a solution. This approach not only saves money but leads to more sustainable and effective outcomes.

🧠 Sharpening the Axe

Slowing down doesn't mean losing momentum. Think of it as sharpening your axe to make your work more efficient. This mindset helps you make calculated decisions that support long-term growth.

🎯 Niching Down for Success

Niching down can feel counterintuitive, but Carter and George share how narrowing their focus has consistently doubled their revenue. By serving coaches, consultants, service providers, and public figures, they aim to help these leaders build wealth and create a larger, authentic impact.

💼 Empowering A-Players and Efficient Business Management

Allowing A-players to thrive and contribute can elevate your business performance. Building a business that operates efficiently without constant owner involvement makes it more valuable and sellable.

🚨Get your tickets NOW TO WEALTH WEEKEND! 👉🏽 https://melaninmoney.com/wealth-weekend/?el=video1

  continue reading

152 episodes

Artwork
iconShare
 
Manage episode 428145666 series 3282916
Content provided by Melanin Money Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melanin Money Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Want to know how to NOT lost $1,000,000? In this episode we do a dive deep into the critical lessons every business owner and entrepreneur should know to avoid costly mistakes and build a thriving business! Let's talk about :

💡 Finding and Solving Problems

Instead of throwing money at problems, take the time to understand and address the root causes. Carter Cofield and George emphasize the importance of thinking through issues rather than simply trying to buy a solution. This approach not only saves money but leads to more sustainable and effective outcomes.

🧠 Sharpening the Axe

Slowing down doesn't mean losing momentum. Think of it as sharpening your axe to make your work more efficient. This mindset helps you make calculated decisions that support long-term growth.

🎯 Niching Down for Success

Niching down can feel counterintuitive, but Carter and George share how narrowing their focus has consistently doubled their revenue. By serving coaches, consultants, service providers, and public figures, they aim to help these leaders build wealth and create a larger, authentic impact.

💼 Empowering A-Players and Efficient Business Management

Allowing A-players to thrive and contribute can elevate your business performance. Building a business that operates efficiently without constant owner involvement makes it more valuable and sellable.

🚨Get your tickets NOW TO WEALTH WEEKEND! 👉🏽 https://melaninmoney.com/wealth-weekend/?el=video1

  continue reading

152 episodes

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