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Most entrepreneurs believe they have to be in constant competition. But there’s a much more enjoyable way to live your entrepreneurial life to achieve bigger and better results: you can enter a zone of collaboration with like-minded people that’s entirely free of competition. Dan Sullivan and Steve Krein explain how to start. Hint: it’s all about simplifying before multiplying.
Highlights:
Finding collaborators who think the same way as you do is one of the most important activities an entrepreneur can undertake.
Don’t fall in love with an idea until customers fall in love with it.
You can’t have simplicity in your entrepreneurial life and complexity in other areas because the complications will catch up with you.
You need both simplification and multiplication to constantly grow.
Most people are too close to cash flow urgency to be able to even think about collaborating.
Once you’re in a competition-free zone, you can continually expand it for the rest of your career.
Uber and Airbnb started off as Free Zone Frontiers, but got really complicated because they got a lot of headwind from who they were disrupting.
Apple has been the best company at maintaining the quality of “Free Zone Frontiering.”
There are people who don’t see Amazon as a competitor, but as a capability.
If you don’t know up front what success in a project looks like, it’s dead on arrival.
Things that are currently underestimated or not even known are going to become entrepreneur capabilities in the next decade or two.
Technology companies are really hard-pressed to keep up with what people actually want to do.
If you create a disruption, you aren’t responsible for it causing a loss for someone else.
Resources:
Simplifier-Multiplier Collaboration by Dan Sullivan
Free Zone Frontier by Dan Sullivan
The Impact Filter™ tool
Total Cash Confidence by Dan Sullivan
Innovations in the realm of age reversal are accelerating. Getting physically younger while getting older in years is a real possibility. In this episode, Dan Sullivan and Steve Krein explain the advances, discuss what’s needed for further breakthroughs, and share why age reversal developments are critical for entrepreneurs to be preparing for.
Highlights:
Many entrepreneurs retire out of social or societal expectations.
Setting a goal that might seem crazy serves as a magnet for what you need and as a repellent for what you don’t.
You treat your remaining years differently depending on when you think you’re going to die.
Thinking about your legacy means you’re thinking about being gone.
There’s the expectation in society that once you turn 65 or 70, you don’t take on anything new.
The solution won’t be possible if you don’t have the goal.
Medicine is going to become the fastest growing industry in the United States.
There are hundreds if not thousands of parts that need to be worked on to enable true age reversal.
There’s a paradigm now that all disease is simply an aspect of aging.
There's been an incredible drop-off in venture capital funding of all areas except health and medicine.
American progress in all areas is driven by adventuresome consumers.
Mission alignment is the single most important predictor of success in long-term health-related entrepreneurial ventures.
Resources:
Learn more about Steven Krein at StartUp Health
My Plan For Living To 156 by Dan Sullivan
The Strategic Coach® Signature Program
A lot of entrepreneurs are scared right now, while others are excited, feeling like this is the best time to be innovating and creating value. Why these opposing mindsets? In this episode, Dan Sullivan and Steven Krein explain why some people are experiencing anxiety about the future while others are staying cool and calm.
Highlights:
Some people see “scary times” as opportunities.
The people who we expect to be in charge are responding not only to an event, but to other people’s responses.
The majority of people are less prepared now for something different to happen.
Strategies, tools, and concepts have prepared Strategic Coach® clients to not be shaken by whatever happens.
If your confidence comes from inside yourself, you can find a way to be confident in any situation.
When people feel uncertain, they hold onto their money.
Entrepreneurs should have enough security to go one or two quarters without worrying about cash flow.
In uncertain times, it’s your job to keep your team members’ confidence up every day.
Make sure you come out of uncertain times with the same team power you went into it with.
When your clients are uncertain about their futures, your job is to enable them to create a new future for themselves.
Everyone is 100% responsible for their own feelings.
If you’re immersed in just getting your job done, it’s easy to ignore what’s going on in the outside world.
Resources:
StartUp Health
The Dan Sullivan Question by Dan Sullivan
“Geometry” For Staying Cool & Calm by Dan Sullivan
The Strategic Coach® Signature Program
Scary Times Success Manual by Dan Sullivan
The Positive Focus®
Thinking About Your Thinking by Dan Sullivan
My Plan For Living To 156 by Dan Sullivan
Capitalism—And Everything Else by Dan Sullivan
Dan Sullivan and Steven Krein discuss Dan’s latest quarterly book, Capitalism—And Everything Else, and explain what capitalism really means, why many people believe they don’t like it, why it’s misunderstood, and its five growth stages.
Highlights:
Some people incorrectly approach capitalism as a rival to ideologies like communism and fascism.
Capitalism isn’t in competition with anything.
Capitalism involves capitalizing on your own talent and time, your production, your abilities, your profitability, and on living in a world of greater prosperity.
Communism, feudalism, fascism, and Nazism aren’t methodologies, they’re ideologies.
If you multiply the impact of your uniqueness over a span of years, you’ll have done it through the methods of capitalism.
There’s a deep emotional element to success from capitalistic activities such as building a business and entrepreneurship.
Systems that are anti-capitalist in their ideologies invariably use capitalist methods to achieve success.
Wherever capitalist methodology is followed, things improve.
Some people are bothered by capitalist methodology because it demands extraordinary individual accountability.
Philanthropic efforts often fall flat because they don’t operate within a capitalistic framework.
Resources:
Capitalism—And Everything Else by Dan Sullivan
Thinking About Your Thinking by Dan Sullivan
The Strategic Coach Program
Steven Krein and StartUp Health
Ever wondered what the success formula is for top entrepreneurs? In this episode, Dan Sullivan and Steve Krein discuss the “25-Year Transformation” and how it can benefit entrepreneurs by helping them prioritize their biggest goals and measure progress every quarter. They explain how having a quarterly rhythm can be transformational, and provide insights into how to achieve long-term goals, adapt to advancements in technology and crises in the marketplace, and maintain a transformational mindset.
Highlights:
Resources:
StartUp Health
The Strategic Coach® Program
Free Zone Frontier by Dan Sullivan
10x Is Easier Than 2x by Dan Sullivan and Ben Hardy
Unique Ability®
The Entrepreneur’s Guide To Time Management (Free Days™)
Dan Sullivan and Steve Krein discuss the Free Zone Frontier® and the StartUp Health programs. They both believe it’s crucial to have the right people in the room, sharing their experiences and collaborating. Connecting like this with a community of ambitious, calm entrepreneurs makes it possible to experience five years’ progress in three months.
What does it take to make a significant impact in battling a disease? In this third episode of their three-part series, Dan Sullivan, Steve Krein, and Dr. Timothy Nelson discuss the innovative model Tim has developed for combatting congenital heart disease, the incredible commitment from others that it’s taken to reach this point, and how many other areas of medicine could be influenced by the work he and his partners are doing.
An astonishing discovery has taken the concept of stem cell usage and regenerative medicine and put it permanently on the map for future generations. In this second of their three-part series, Dan Sullivan, Steve Krein, and Dr. Timothy Nelson discuss the latest breakthroughs and possibilities that exist in stem cell research. Free Zone collaborations are making it all possible!
Dr. Timothy Nelson is an entrepreneur with a specialty in curing congenital heart disease. Dan Sullivan and Steve Krein chat with Tim about the discoveries and motivations that led him to this position. Tim explains how he and his team are on a mission to leverage the philanthropic community to focus on rare diseases that are too often neglected. Join the show to learn about some incredible, and almost inconceivable, breakthroughs that have occurred in just the past few years.
Why do some startup companies continually grow, while most fail? You need more than a great idea. In this episode, Dan Sullivan and Steve Krein discuss the successes of Steve’s unique, collaborative StartUp Health network, the mindsets entrepreneurs need in order to achieve the greatest success, and the things they do that most entrepreneurs won’t even think about.
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