Business
In this episode, self-made businessman and coach Dino Tartaglia and co-founder of World Class Leadership Simon Hartley continue their five characteristics of wildly impressive and successful entrepreneurs. After briefly touching on block two: embracing and accepting challenges from episode three, we dive headlong into attribute number three which is constantly solving problems. The profound difference between finding an answer/quick fix and solving a problem: Seeking an answer is a one and done action Seeking an answer tells me what to do, read, watch . . . Imports someone else’s answers and solutions Outsources the challenge Solving a problem does the following: Pushes the entrepreneur to stay a step or two ahead Allows for learning from others but sculpting a solution to our specific business. Explore the Entrepreneur journey! If we import an answer from someone else blindly we are hoping it works. When it doesn’t work out or we don’t get the results the expert got we tend to blame that expert instead of taking responsibility for not doing our own legwork. The journey doesn’t focus only on the destination of success, but instead means revisions and pivots. Simon shares a story about BuzzFeed’s startup and change from banner ads. (Buzzfeed's full backstory here) The Entrepreneurial Method Theory Test/experiment Failure Review/learn/recreate Start again Dino and Simon are definitely not trying to tell fledgling entrepreneurs and startups not to bring in an expert when one is needed. Absolutely us an expert. Absolutely outsource particular elements of your business such as marketing. How can you tell if you’re shifting responsibility or outsourcing responsibility? Take an inventory with the below bullets. Do you have or want to develop this skill? (example sales) No - shift responsibility to a specialist - this is not outsourcing Even though you are not responsible for the sales portion specifically you are responsible for Understanding how it works Being able to speak to your numbers Making informed decisions As we move forward in this series we can see how each characteristic piggybacks onto the other and why they create the most impressive and wildely successful entrepreneurs. So far on our journey, Dino and Simon have introduced us to the first characteristic - finding a problem and passionately caring about solving it. In the previous episode, we discussed characteristic two - accepting/embracing challenges which led us to number three today with problem-solving. Come back for the next episode of the podcast when our hosts discuss with us the number four characteristic - sharing our passion and engaging in others. “Business is an intellectual sport.” “It’s okay to fail and then pick yourself up.” “Start to understand currently little things make a big difference often.” Visit our Website! www.successengineers.co Dino’s LinkedIn: https://uk.linkedin.com/in/dinotartaglia?trk=pub-pbmap Simon’s LinkedIn: https://uk.linkedin.com/in/simon-hartley-897a8113