On this episode of the Tandem Talks Podcast, Carrie and Craig speak with Pete Mohr, President and Owner of Shoetopia Footwear, Entrepreneurial Coach at Simplifying Entrepreneurship, and Founder of Liquidation Roadshow.
Entrepreneurs are made, not born. And to become successful, Pete suggests that aspiring entrepreneurs ask questions on how things are done today and think of how to do it better. Pete follows 4 P's: People, Processes, Products and Profit that have helped him become the "multipreneur" that he is today.
He teaches that you need to have clarity on the product you are offering and the solutions it actually delivers. There is always room to grow and when you realize that something isn't working, you must let it go.
Every single entrepreneur has the same 24 hour in a day. Being bogged down by emotional attachments to pet projects is simply not effective and Pete further suggests finding a coach who understands the stage your business is in to be truly effective.