How to Grow

What this episode covers

Too many people continuously chase the next shiny penny, which usually leaves them burnt out and frustrated. Join Neil as he shares how you can escape this vicious cycle and grow your business empire. Discover the importance of focusing on your core idea, how to create passive income and the ways to invest your money.    KEY TAKEAWAYS  Too many people chase the next bright penny rather than learning and focusing on how to grow their business. What then happens is that people become distracted, lose focus and become burned out and frustrated as nothing seems to work for them. Focus on one core thing that you can become so good at, you can’t be ignored. Optimise and maximise the core and ensure you don’t do anything else that demands time, effort or money until the core is secure.  When the first extension business is in place, add a diversified business to reduce risk if core and associate business fail. Look around, opportunities are everywhere. Things such as product creation and online selling businesses are a great start. The more passive, the better. The cash from your core needs a place to grow and investments are the way to do it. Investment opportunities such as ISAs, Pensions, Angel Investor and Property are great opportunities.  Focus like a laser on That Thing You Do and be so good at it you’re as busy and successful as you want to be. Once you have that, add a little something, make that awesome – rinse and repeat – add diversified passive businesses wherever you can. Invest, and make the money work for you. BEST MOMENTS  “Get so good at it you can’t be ignored”  “Whatever you can sell from the core as a natural extension of your core business, where your authority is.” “the more passive, the better”  “look around – opportunities are everywhere”  VALUABLE RESOURCES Listen to The Tutor Podcast on the Apple Podcasts (https://podcasts.apple.com/us/podcast/the-tutor-podcast/id1369191372)! Build Your Online Course Week 1: https://podcasts.apple.com/us/podcast/build-your-online-course/id1369191372?i=1000477109724 Course Planning Week 2: Who Am I?: https://podcasts.apple.com/us/podcast/build-your-online-course/id1369191372?i=1000477109724 Who are They? (Know Your Punters): https://podcasts.apple.com/gb/podcast/who-are-they-know-your-punters/id1369191372?i=1000478984529 Read the Weird Things Guitarists Do book by Neil Cowmeadow, which is available now on Amazon. Link - https://www.amazon.co.uk/Weird-Things-Guitarists-Do-Misconceptions/dp/1519026579/ Contact Neil via this website - com!   ABOUT THE HOST Neil Cowmeadow is a maverick peripatetic guitar teacher from Telford with over 19 years of experience in the business of helping people. Learn how to start, grow and love your business with Neil’s invaluable advice and tips without the buzzwords and BS! CONTACT METHOD [email protected]

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