Business
On today’s show, Saud Juman shares how he had a gun pulled on him when he was a nightclub owner in Toronto, Canada, and why that triggered him to exit the nightclub, meditate for 10 months and start a tech healthcare company called PolicyMedical, Inc. that grew to 9-figures and eventually sold to Private Equity. What You Will Learn In Today's Podcast Interview How Saud owned his exit from the nightclub scene after having a gun put in his face. Why Saud spent 10 months meditating after exiting the nightclub. Why Saud started a successful tech healthcare company after 10 months of meditation Why you should proactively change before some big event happens. How to align your ultimate vision for your life with your business.How to recognize the signals that you’re in a “pit” and need to make some changes. The importance of taking time to listen instead of consuming. How meditating can help you get clear on your vision while giving you space to think. Why you need to understand your drivers (your “why”) BEFORE you build a business. Why it takes rigor and discipline to be able to hear yourself and take action on what is most important to you. Why negative emotions like shame can spur positive change. How to keep true to your long-term goals while makings tactical short-term decisions. Why you should stop and critically how each business decision is getting closer or further away from your ultimate goals. Are You Growing The Value of Your Business Take The 2-Minute Assessment To Get Your Intentional Growth Score™ And 1-Page Vision Board. Podcast Summary We have quite a treat for you today. In this episode, I’m talking with Saud Juman as he takes us from his first venture in university to transitioning into the nightlife in downtown Toronto, Canada. He details the experiences he had which caused him to reconsider how he was living his life and operating his business, thereby instigating the change that would eventually bring him his greatest success yet, PolicyMedical. I broke this episode into a two-part series because I think Saud’s story does a great job highlighting why it’s absolutely crucial to understand who you are, what you want from your business and life and why before you build your strategic plan to grow and exit the business. In this episode, Saud and I focus on the story that helped him get clear on his why. The big takeaway from this first part of the series is to listen to yourself FIRST. As Saud puts it, you “own your exit” by knowing your 'why' and putting pen to paper describing what you want BEFORE you implement a strategic plan to grow value. It’s that focus that allows you to clear obstacles from your path as execute on the strategies that get you to your goals. It takes rigor and discipline to maintain this focus and to really listen to your thoughts. There’s nothing more eye opening to make you realize what matters to you in life than an unforeseen event that changes your situation and limits your choices. The key is to have a valuable business that gives you the choices to pivot when and how life and business throws you a curve ball. About the Guest: Saud Juman loves basketball and business. At a young age, his mother encouraged him to get out and form his own league so he could follow his passion. After that, there was no stopping him. Sau