Hello Misfit Nation! Welcome to another edition of "Lessons for Hannah!" Many years ago, I introduced a new format that alongside our regular episodes called “Lessons for Hannah.” Hannah is my daughter and one of the main inspirations for the Misfit Entrepreneur. I wanted to have a place where she could go and learn from her daddy and his Misfit friends throughout her life….even after I am gone. If you haven’t listened to the first episode of "Lessons for Hannah," I urge you to as it gives some more background and tells the amazing story of how Hannah came to be in our lives.
Lessons for Hannah are short, very useful, and sometimes comical lessons, that I want to share with you and give to Hannah to help in your lives. Because I want Hannah to have these for her life, I’m going to speak as though I am talking directly to her. These episodes are a lot of fun and if you think there is a lesson that we should include in these episodes, please don’t hesitate to send it over to us at support@misfitentrepreneur.com. We’d love to share it.
This Week’s Lesson for Hannah
Hannah, In this episode, I want to give you 5 simple pieces of everyday wisdom. I have a lot more than 5 but will continue to create episodes like this into the future giving you them a few at a time.
After doing these episodes for so many years, I’m amazed at how much there is still to teach and share with you. It seems like it never ends and that is the thing, I don’t think it really does. There will always be something for me to share and give to you and I hope that you can take as much as you can from these episodes to help you in your life.
With that said, here are 5 pieces of everyday wisdom you can use…
#1: How You Do Anything is How You Do Everything
You’ve heard me say this to you before but let me explain it a little more here. In life, you want to do things to the best of your ability. You want to put your best foot forward in everything you do. That is the essence of How You Do Anything is How You Do Everything. It is taking pride in all you do and doing it at your best. Whether it is cleaning your room or the work that you or the interactions you have with others, do not short-change yourself or your abilities. If you start to lower your standards in one area it will bleed into others. Make it a mission to be your best in all things.
#2: What Feels Most Uncomfortable is Probably What You Need to Do
You will find in life that many times when it feels most uncomfortable to do something, that is most likely the best time to do it. For example, in trading, some of the most uncomfortable trades I have made over the years have been the biggest winners. In racing Ironman, when my body wants to quit the most is when I have my biggest breakthroughs as I keep going. In business and life, standing up for the right thing in face of everyone else shying away from it, is uncomfortable, but what needs done. That brings me to my next piece of wisdom.
#3: Most of the Time, the Simplest Answer is the Right One.
We make things a lot more complicated than they have to be. Einstein said, “Make everything as simple as possible, but not simpler.” The best path is usually the simplest and most straightforward one. We have to cut out all the noise and see it for what it is. In short, go with gut. Keep it simple.
#4: Beware Following the Herd
When I talk about the “herd,” I’m really talking about groupthink. When everyone thinks the same thing and will not allow any dissent, discussion or questioning of that way of thinking – they are probably wrong. Thomas Jefferson once said, “Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason, than that of blind-folded fear.” Don’t fall prey to blind-folded fear and follow the herd over the cliff. Instead work from a place of reason andlogic and thing things through. Don’t let emotion alone drive your actions or decisions, especially the big ones.
#5: There are Few Things Guaranteed in Life, but the Ones That are – the Love of Your Family, The Love of God, and a Few Lasting Friendships, are worth every ounce of time and energy you invest in them.
I think that pretty much says it. You have a family that loves you, a God that loves you, and in life will have a few lasting friendships. Cherish them and invest your time into them. Don’t neglect them.
Hannah, and everyone else listening, these are 5 simple, but powerful lessons that will serve you well in life. Live them and embody them and put them to work for you.
I love you,
Dad
Best Quote: There are Few Things Guaranteed in Life, but the Ones That are – the Love of Your Family, The Love of God, and a Few Lasting Friendships, are worth every ounce of time and energy you invest in them.
Misfit 3:
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This week’s Misfit Entrepreneur is Casey Cavell. Casey is a serial entrepreneur that started his first business at 21 and then went on to start, buy, or invest in over two dozen businesses over the last 15 years, worth over $17 million.
Because of his success and selling some of his businesses, he followed his passion to help other entrepreneurs by creating Legacy 4:12 an entrepreneurial team of advisors, mentors, investors, and experts who are called to serve the growth-minded entrepreneur.
If that is not enough, Casey has been an investor, advisor, and influential figure in the NFT community, assisting project founders and community leaders. Casey is a member of the Bored Ape Yacht Club, VeeFriends, Gutter Cat Gang, and several other high-profile NFT communities.
This is one of those interviews where we can cover the whole realm of the entrepreneur spectrum and I look forward to doing just that.
www.Legacy412.com (Free workshop)
Casey grew up with an entrepreneur father seeing the freedom that his dada had. But, he also saw the ups and downs. He knew he could learn from his dad’s experience, so he studied them and got the entrepreneur bug. Casey went to college to play baseball, but got hurt and decided to play and compete in Texas Hold’Em. He studied the game and starting out lost his money. But, realized that the game is really about longevity and the longer you can stay in, the easier it is to win. You are not playing against the casino, you are playing against other players, so your odds are better.
It's the same in business. If you develop a good strategy and surround yourself with the right people, you can succeed. He went to do very well playing Hold’Em and became the youngest player in the World Series of Poker. But he realized he didn’t want to work for money – he wanted his money to work for him. So, he started investing in businesses. As Casey says, he is a “turnaround guy.” He takes businesses that need to improve their systems and processes and works with them. He did that heavily for about a 10 year period and in 2011, he was able to exit one of his businesses and follow a passion to own a sport business. He bought a franchise called DBat in Atlanta, Ga. He did it buy simplifying the business model, taking care of his customers and taking care of his employees.
But he got burned out. He was doing everything and needed to remove himself from the day to day. It was at this time that he learned about the EOS Model and found an integrator to partner and help him run the business. This allowed them really scale and spend less time in the business.
At the 7:30 mark, we talk about the EOS model and the importance of the Visionary/Integrator duo. How were you able to start, buy, build and run 20 businesses over 15 years?
Any type of business that you gravitate to more than others?
How do you find your businesses that you buy or invest in?
Once you have invested in or bought a business, besides the EOS framework, are there any other processes or systems you have found that are important to implement?
What is the reason most businesses fail?
Thoughts on the long game?
Building a team is one of the most important things you can do. Talk to us about what we should know?
Step by step process to position a business to stand out?
How does a business create the unique offer that gets people in the door?
How does an entrepreneur remove themselves from a business?
What other lessons can share from your entrepreneur journey?
What surprised you the most on your journey to this point?
What is your best advice for entrepreneurs just starting out?
Best Quote: People are either spending their time working on things that they are good at, but don’t like doing, or like doing but not good at. The key to succeed as an entrepreneur is to get out of doings you don’t like, even if you are good at it. If you don’t you will burn out.
Casey's Misfit 3:
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This week’s Misfit Entrepreneur is Chris Croner. Chris is an entrepreneur and sales psychologist with a Ph.D. in Clinical Psychology. He is the founder of SalesDrive which has helped over 1400 companies select and develop high-performance salespeople using their methods and assessment technology.
Chris is also the co-author of the best-selling book, Never Hire a Bad Salesperson Again.
I am excited to have Chris on because sales and selling is one of the topics I am very passionate about. Sales are the lifeblood of a business and great salespeople who are devoted to the success of their companies are diamonds in the rough that every entrepreneur should be seeking. Chris has developed the methodology to find and hire them.
www.SalesDrive.info (complimentary assessment)
Chris’s background was in clinical psychology, and he specialized in providing consulting to businesses management. He started at a firm called Whitmer and Associates which specialized in executive assessment. When companies wanted to hire key leaders or new CEO’s, they would hire firms like Whitmer with people Chris that would evaluate them. During this time, he worked to design something as rigorous as the evaluation for executives for salespeople because they are such integral role to the success of a business.
In October of 2002, he began doing that work and then in 2005, he went out on his own and founded SalesDrive and published the first edition of Never Hire a Bad Salesperson Again in 2006.
For over 20 years, he has been obsessed with studying what makes a great salesperson.
What makes a great salesperson?
Any other uncommon traits you have found that entrepreneurs should looking for when hiring?
At the 10 min mark, we talk about how athletes many times lend themselves to the role. But, it is important to look at how they succeeded as athletes and their work ethic compared to their peers as an athlete.
What does it mean to be Driven?
Talk to us about personalities. What personality types or combinations work out best?
I’ve heard you say that resumes lie, and salespeople can do their job in the interview process, tell us more about that and what we should be looking for in the interview process…
Is there a framework that you can share to run a better interview process?
Where are the best places to find great salespeople?
What about hiring a sales leader or manager? What should an entrepreneur look for there?
What are some of the biggest lessons you’ve learned on your own entrepreneur journey?
Any advice for the entrepreneur when it comes to them selling personally?
Best Quote: There are 3 non-teachable characteristics that are far more important to look for to find a great salesperson - the need for achievement, competitiveness, and great optimism.
Chris's Misfit 3:
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This week’s Misfit Entrepreneur is Judy Wilkins-Smith. Judy is a world-renowned Systemic Work and Constellations Expert, Fortune 500 Executive Coach, and Author of Decoding Your Emotional Blueprint: A Powerful Guide to Transformation through Disentangling Multigenerational Patterns.
Basically, Judy can teach you how to decode your programming and look at the patterns from your ancestors to see if you have the DNA of an Entrepreneur and more importantly how you can learn to become a better entrepreneur.
Wouldn’t you want to know what your past generations can tell you about your future as an entrepreneur? I do and find this topic fascinating, so I asked Judy to come on and help us better understand the impact of our ancestors on our lives.
Judy was born and raised in South African and moved over to the US with her family for the opportunity. Her father was killed shortly after they arrived. She started to study and decided to write books and stumbled onto the topic of understanding what is past down in behavior from ancestors. She met a mentor who helped her to better understand the topic and as she says, “Never looked back.”
She started working with and helping individuals and companies came to her asking if she could help their companies and executives in the area of pattern recognition and performance improvement.
We all know about ancestry.com and other companies like that, but that is just scratching the surface. What can entrepreneurs learn from their ancestors about their entrepreneurial DNA?
How can an ancestor, from say the 1300s, have an impact on me now?
Explain epigenetics in more detail. How does it affect things like our attitude and world view?
How do we identify programming that may be holding us back? And how do we change it to what we want?
“99% of the time, you, the entrepreneur are not an imposter. You are a pioneer. So, don’t feel like you are ever an imposter” You don’t have the answers, but you are willing to go look for them and figure it out. Pioneer.
At the 17 min mark, Judy talks about “systemic work.”
Is there a set of steps that someone can follow when they feel they are pulled back into the comfort area?
Talk to us about Desire…
How does someone use systemic work to help them on their entrepreneur journey and reach their potential?
What are constellations and why are they so effective?
Other advice?
Thoughts on victimhood/victimology?
Best Quote: You, the entrepreneur are not an imposter. You are a pioneer. You may not have the answers, but you are willing to go look for them and figure it out. Pioneer.
Judy's Misfit 3:
When building your business. Inspire, don’t drive. Empower others to drive.
You are not broken. No one is. You may be breaking through, but you are not broken.
As an entrepreneur, you have a very big responsibility. You have the potential to change the emotional DNA of the world. You get to write the story. Don’t forget to take your own full place.
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