Jan 26, 2015

You know Robert Herjavec from ABC's Shark Tank and CBC's Dragons' Den. He's the author of Driven: How to Succeed in Business and in Life and The Will To Win: Leading, Competing, Succeeding.

In a CBC interview Herjavec shared 10 rules for entrepreneurs. In this episode of RED Podcast, we discuss five of them...

What You'll Learn:

• The high cost of cutting corners
• When it's most important that you believe in yourself (and your business)
• What to do when you find the business you've started isn't for you...
• This "bridges the gap" from where you are to where you want to be
• The dirty little secret of the music industry (and most industries)
• Why you shouldn't talk to your mother (or your barber) about your new business
• A big advantage of launching your business on Kickstarter (and it's not the money)
• The dangers of believing your own press
• Using Amazon.com as a research tool
• A business lesson from McDonald's
• The way to compete with big businesses (even if you don't have big money)
• How to test new products before you jump in
• Are your "customer" lying to you? A lot of times...
• Why people lie.
• The problem with peer-led groups like Toastmasters (which can make participating pointless)
• A reason to think ahead...
• How to make it so people can't catch up with you (or your business)
• Why Prince gave up on Warner Brothers

Links To Things We Talk About:

• Shark Tank
• Dragons' Den (CBC)
• Kickstarter
• The Lean Startup (Get the audio book free with Audible trial.)
• Toastmasters
• William Hung on American Idol
• Without A Paddle

Help Other Entrepreneurs...

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