How To Become An Entrepreneur To Achieve Your Best Business Goals with Mitch Russo

What this episode covers

Success doesn’t happen overnight in the business world. The journey to success is a long process of working through each step of failure, motivation, and inspiration. It is through this process that you grow and strengthen your beliefs. This way, you become more confident in every decision that you make. In this episode, the one and only Mitch Russo joins us to talk about how to become an entrepreneur. He shares narratives on how building small businesses is like. He reveals how business owners can achieve their smart business goals through focused business objectives. Make sure that you tune in to this podcast to learn the greatest business objective from Mitch firsthand! Here are three reasons why you should listen to this episode: Learn how to foster an ability to set your own goals and create a business growth that aligns with your values. Discover tips on how to achieve financial independence and build wealth even if you’re a small business. Gain insights into how to create a meaningful career while making a difference in the lives of others. Resources The Success System That Never Fails by William Clement Stone You Too Can Be Prosperous by Robert Russell Atlas Shrugged by Ayn Rand How To Become An Entrepreneur and Find Success Episode Highlights Mitch's Story He was a lead guitar player in a rock band in high school, where his initial motive was to meet girls. He volunteered to book their band for their gigs. Shortly, they started making over $500 a night—that was in 1970. This experience taught him how it’s like to be an entrepreneur. When his parents divorced during his teens, they struggled with their finances. He and his sister decided that they will not remain poor. He studied electrical engineering and worked with pioneers in the computer industry. There, he didn't just learn how to build and design circuits; Mitch also learned how the industry leaders thought. He realized that the rest of the engineering jobs are more related to paperwork. He then started investing in real estate and building small portfolios of properties. Having a Sharp Eye for Opportunity to Reach Success and how to Become an Entrepreneur You can be anything you want to be as long as you are willing to work. The same thing is true with business goals. Customer retention and business planning should be valued. When you see an opportunity in social media marketing, you have to go for it confidently. There were a lot of starting software companies when Mitch started his, but he and his partner believed in theirs. "Comfort is the enemy of success." Overcoming the Greatest Challenges in Business When he started Timeslips Corporation, they priced the program at $99. It almost took its credibility away because it was so cheap. The American Business Association tried to discredit their product because it was not ABA certified. Together with his clients, they fought ABA and spread the word about Timeslips. 18 months later, the ABA convention invited Mitch as a keynote speaker. The Biggest Motivation About How to Become an Entrepreneur The three words that he had in his mind after a rejection from wanting to transition into sales became his motivation: "I'll show you." Entrepreneurs have to be careful of self-talk because it can either bring business expenses up or down. Your belief and your determination to be successful is what will serve you towards your market share. Money is a measuring stick. Without the desire to pursue it, you're not going to w