LFTE 15: What I learned from Bethenny Frankel at the 10X Growth Con Event...

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Learning From The Experts

Business


Hey what's going on everybody? This is Coulton Woods and today I'm bringing to you a special episode of Learning from the Experts. I'm actually in my hotel room right now in Miami, just got done with 10x Growth Con, the event from Grant Cardone. And I want to split it up into a few different episodes here, but I'm going to talk to you about something that I learned from Bethenny Frankel. She is one of the sharks on Shark Tank. It's interesting. I've always had a hard time listening to her and kind of relating to her on Shark Tank. So when I found out she was a speaker I was kind of like okay, I don't know if I really want to hear that one or not, but I did. And I actually learned something really cool from it. So here's the deal, I know how frustrating it is as an entrepreneur to waste countless hours sitting through wannabe experts who never actually help me in the end. Then to learn years later that there was an expert who really could help me a hundred times faster than learning on my own. I have created this podcast to save you time and money while taking you on a journey with me as I learn from and interview real experts who can actually help you grow your business. My name is Coulton Woods and you're listening to Learning from the Experts. So I'm going to be 100% honest with you, whenever I see Bethenny Frankel on Shark Tank I always kind of like wonder if I want to actually watch that episode. And I mean it's nothing against her but I feel like she kind of always has to like prove something or prove that she's the smartest person in the room for some reason. She's always got an opinion. She's always pushing her idea on it or she's trying to give advice. And then she's like fighting with the other sharks and I'm kind of just like, I don't know to me I'm like just chill. Like it's okay. So when I found out that she was speaking I was like oh that's cool. She's from Shark Tank. She's going to be on there. That's cool, but I don't know if I really care to even watch it because I've seen her on Shark Tank and I have a hard time watching her there. So what's going to be any different. Well I'm there anyways so I'm like okay well I'll just pay attention. And I had this thought. I like to ask myself questions. I like to kind of just ask questions in general, but ask questions that most people don't think about asking. So I try to do that. I'm not the best. I mean I'm sure none of us are the best or perfect at that, but I had this question or this thought, what if I just ask the question while listening to her, what can I learn from her. I mean that's going to be hard. If I'm in there, not that it's going to be hard, but if I'm looking at her and I'm saying I can't. There's no way I'll ever learn anything from her. I don't think she has anything to give me that I can learn from her. Well, she's a billionaire so I mean I should probably pay attention to her. But in my first thought was I'm not going to learn anything from this woman because I've seen the way she is. But then the thought crossed my mind. I asked myself the question. What can I learn from her? So I paid attention. I didn't pay 100% attention, but I paid more attention than I was going to. And as she started talking I kind of think man I don't know how this woman ever accomplished what she accomplished. I don't know how she figured it out. Honestly, and I'm not trying to be super bad about all this or be harsh or anything, but I honestly don't know if she knows how she became successful. I don't know if she knows what she did in order to become successful. I don't know if she actually understands that. I mean that's kind of maybe rude, that's kind of a little blunt there, but honesty that's my thought. Is like I don't know if she understands this. So what did she do to become successful. What was it that helped her become successful? If she didn't quite understand it. And maybe she does totally. I don't know. That's just kind of the thought that I had. So I'm watching this and I'm thinking about this question that I have. And as she's talking I start realizing that she pretty much just runs like she just runs with something. She had the idea for Skinny Girl. I don't know if you know Skinny Girl, if you see the dressings in the grocery stores or not. Or I think she started with the margarita, right? Some calorie, low calorie margarita and that's how she got started. She introduced this great tasting margarita that's low calorie for Skinny Girl and that was her brand was Skinny Girl. So I'm like man, I don't know if she really knows how she did this. Well, she's telling her story and as I have this question in my head and I'm listening to her story, I realize that she literally just ran. She just got stuff done. She would just do things. It's really interesting. She didn't waste time. She had the idea. She wanted it to happen. She pitched it to people. They said no like that's a stupid idea. You're never going to go anywhere with it. She didn't agree with them. So she said, okay well I'm going to do it myself. I'm just going to run with this. I'm going to make it happen. And pretty soon she's got people investing that probably wouldn't have invested in the first place. And now those people that she first contacted see that she's putting skin in the game. She's investing her own money, her own time. She's getting people to come in with her. They see that she's doing this and they're like okay, I guess we'll invest. You're running. You're making this happen. We will invest because we see what you can do. And that teaches me before I get to that, she told a story about a relief effort that she put together for I think it was Puerto Rico somewhere. So I don't even remember exactly if it was a tsunami or hurricane anymore. I'm sorry. That's probably really bad. But I don't watch the news so I don't really keep up with anything that's going on outside of where I'm at really. Honestly, I know how marketing works and I know how the news is and they are businesses and that's what they want to do is make money off you so they are really good at making things seem more dramatic than they actually are. So side note, total side note but she wanted to help Puerto Rico in the relief effort. So she literally found people with a jet that she's like you know what I need to find a jet or a plane or something. I need to figure this out and get anybody I know that has a jet on board. And she's like calling all these people and they're like you're crazy. We're not going to give you a jet to fly down to Puerto Rico for whatever and pretty soon as she's putting all of this out on social media, on Twitter, and different places. People are reaching back out to her saying hey I own a small clinic or I own this place. I can give you these kind of things that would help everybody there. I'll just give it to you. You can fly it there and she's like, "I had no idea how to put on a relief effort”. I had no idea how to do any of this. I just started doing it. I just started asking people and getting people's feedback. And pretty soon we've got like five six jets flying down to Puerto Rico with all of these materials and all of this stuff to help with the relief effort down there. And we were helping out a ton of people. And people were literally coming up to her saying we were praying that somebody would have a jet so we could get this stuff over to them. And when she got there they needed like planes to fly stuff and people out of there. So that honestly guys that teaches me a huge lesson. So many people over complicate things. So many people think they have to accomplish so many things before they do anything. Guys, just start. Just go, just do something. If you've got an idea, start doing stuff with it. Start figuring out people that maybe want to help you out with it. Do some stuff. If you need to be growing a following or want to be putting your name out there, you just start podcasting, start publishing, start doing videos. Honestly, putting videos on YouTube is such a huge thing now. You can get so much content out there and it's like a searchable video place where people search things and your videos can pop up and people watch you. Then they like what they see and they follow you. It's so, just start doing stuff, guys. She has made millions. I think she's a billionaire. Like billions just by doing something. Just go out and do it. She doesn't let anything hold her back. She just starts. So just start. That's really like all I have for you today from that one talk. I was not expecting to get anything from her. And then I asked the question what can I learn from Bethenny Frankel. So I decided to actually listen and figure out what I can learn and that was a huge lesson. I'm glad I listened to it. I'm glad I was there. I'm glad I asked that question instead of just shrugging it off and not paying attention. So guys, just start. Do something. Like just get going. I played around with the idea of doing a podcast for a while. And I'm not going to lie. I pushed it back and then pretty soon I'm like I'm just going to put it out there. I don't even care if I'm not 100% ready. I'm just going to start doing it. And I did. And it's out now. And I'm excited.  This is episode 15. I've got hundreds of episodes to come. I'm going to keep doing this because first off well, I'm not even going to go there but guys just start. That's my lesson for you today. Are you looking to jumpstart your business by learning or getting help from the real experts. Go to learningfromtheexperts.com to find pre approved experts that I've hand picked for you. Please don't forget to let me know how I'm doing by subscribing, rating, and leaving feedback.