CAROL ROTH | How to start and run a successful business with CNBC’s #019

Carol Roth knows business. She's a CNBC Contributor (TV), Radio Host, Recovering Investment Banker, and NY Times Bestselling Author & Brand Spokesperson. Carol is a national media personality, creator of the legacy planning system Future File (currently in private beta), ‘recovering’ investment banker/billion-dollar deal maker, investor, speaker and author of the New York Times bestselling book, The Entrepreneur Equation. She is currently an on-air contributor for the national cable television station CNBC, the preeminent name in business news. Carol’s multimedia commentary covers big and small business and the economy, current events, politics and pop culture topics. Carol has worked with hundreds of companies, ranging from a single entrepreneur with an idea to Fortune 500 businesses, on all aspects of business and financial strategy. Collectively, she has helped her clients complete more than $2 billion in deal transactions, including raising more than $1 billion in capital, completing $750+ million in mergers and acquisitions, securing high-profile licensing and partnership deals and creating 7-figure brand loyalty programs. On this show we discuss some of the smartest and most critical elements to starting and running a successful business. In This Episode, You'll Discover: • The ongoing argument between Carol Roth and Piers Morgan - a gift that keeps on giving • The story behind creating Carol’s CNBC show, “DON'T QUIT YOUR DAY JOB ... YET” • The Rule of Three in starting business • Critical components to giving yourself the ability to build a business wisely • Understanding the GAGOOS • What often keeps us from actually executing on our plans • Power of self-awareness • Tools for finding your strengths and those of your team • Being open to do what my brain was telling me were silly and stupid to get a business coach • Training yourself in the basic skillsets and business logic that will never go away • Take a step back to take a giant leap forward • Learning to get out of your own way • Building a team with people different than yourself • The number one let down of our school system in understanding failure • How to fail in the correct way • Telling other people, committing you to sink or swim • Carol's floppy failures • Check your ego - ROE, Return on Ego • and more!