Dean is a multiple-time New York Times best-selling author, entrepreneur, and investor. He is also a popular speaker and business consultant, speaking in front of audiences of more than 200,000 people at conferences and live events.
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Guest Resource
Time to Thrive Challenge – Join me and my mentee, Krista Mashore, and unlock Tony, Dean, and their special guests’ exact 5-step blueprint to not just survive in a world filled with uncertainty… but to THRIVE in your career, impact lives, and secure your future. Save your free seat while you still can!
3 Value Bombs
1) The way the world is evolving, instead of thinking how to get better, the how is getting replaced by something more important: the ‘who’.
2) If you have a traditional business, investigate how to create a digital product alongside of it. What would it be like to create a course, coaching program, or a mastermind?
3) It is better to anticipate and prepare than it is to react. Anticipate that things may get worse, prepare that things may shift.
Sponsors
Thinkific: Download your free report that reveals what the top 20% of course creators are doing right now to be so darn successful at Thinkific.com/firetrends!
HubSpot: Customer expectations are at an all-time high, and making things easy is how you’ll win. Learn more about how HubSpot can help your business grow better at HubSpot.com.
Show Notes
**Click the time stamp to jump directly to that point in the episode.
[00:53] – Pre Roll Sponsors
- Thinkific: Download your free report that reveals what the top 20% of course creators are doing right now to be so darn successful at Thinkific.com/firetrends!
- HubSpot: Customer expectations are at an all-time high, and making things easy is how you’ll win. Learn more about how HubSpot can help your business grow better at HubSpot.com.
[1:27] – Dean shares something that he believes about becoming successful that most people disagree with.
- When you’re successful, most people think that your problems go away. It’s the complete opposite. Part of success is figuring out how to solve bigger problems.
- If you want to reach another level of success, you have to be the person in the room who has to deal with bigger, stronger, and harder problems.
[3:17] – How to be bold and thrive during this economic winter.
- The pandemic has caused a lot of uncertainties and separation. When we’re settling into the norm, the economic winter hits with inflation, high gas prices, interest rates going up, housing markets slowing…
- The thing that will hurt you the most is this: we already have uncertainty living in us, and that gets magnified by recessions and inflation. If people don’t go fight nor flight, they freeze.
- It is better to anticipate and prepare than it is to react. Anticipate that things may get worse, prepare that things may shift.
[6:18] – The everyday person’s business model – how does this model thrive even during an economic downturn?
- Be a part of a business, or start a business that has higher margins. With costs going up, if your margins aren’t big, you’ll be gobbled up and swallowed by the cost of shipping, supply chain issues, and the cost of inventory going up.
- During difficult times, your inventory is your life experience, your skills, your hobbies, and your passion. You don’t need a warehouse, you don’t have to ship it, and you can sell it over and over.
- There’s no better business than being in the knowledge industry.
[9:26] – The number one move to make in this shifting economy.
- Investigate. Don’t be stuck. Don’t hunker down. Don’t just play defense. This is not the time to stand still.
- We can’t wait for other people.
- If you’re going to be an investigator and see what’s working, then look into the digital product world.
- If you have a traditional business, investigate how to create a digital product alongside of it. What it would be like to create a course, coaching program, or a mastermind?
[11:51] – A timeout to thank our sponsors!
- Thinkific: Download your free report that reveals what the top 20% of course creators are doing right now to be so darn successful at Thinkific.com/firetrends!
- HubSpot: Customer expectations are at an all-time high, and making things easy is how you’ll win. Learn more about how HubSpot can help your business grow better at HubSpot.com.
[13:55] – The time to thrive is now. How can we thrive in any economy using an asset we already have that costs us nothing?
- The way the world is evolving, instead of thinking about how to get better, the how is getting replaced by something more important: the ‘who’.
- Learn from someone who’s been there.
- You have knowledge, experience, or value that you can share – that someone else values.
[17:14] – Why is it time to stop sitting on our hands and shift our thinking?
- With the shifting world, everyone has uncertainties. That fear is real.
- Successful people get off their hands and sit up straight.
- Don’t freeze. Gain capabilities. Take uncomfortable actions.
[19:25] – Dean’s key takeaway and call to action.
- Time to Thrive Challenge – Join me and my mentee, Krista Mashore, and unlock Tony, Dean, and their special guests’ exact 5-step blueprint to not just survive in a world filled with uncertainty… but to THRIVE in your career, impact lives, and secure your future. Save your free seat while you still can!
- The whole 5 days is being crafted to show you: Why now, why you, why this?
- Watch your thoughts. The news is going to get worse. Your friends, uncertainty, and insecurity is going to get worse. Conversations will change. It’s easy to fall, get scared and to be uncertain.
[25:00] – Post Roll Sponsors
- Thinkific: Download your free report that reveals what the top 20% of course creators are doing right now to be so darn successful at Thinkific.com/firetrends!
- HubSpot: Customer expectations are at an all-time high, and making things easy is how you’ll win. Learn more about how HubSpot can help your business grow better at HubSpot.com.
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!