Momentum for the Entrepreneurial Personality Type (EPT)

Momentum for the Entrepreneurial Personality Type (EPT)

By Alex Charfen - Entrepreneur, BiohackerBusinessEntrepreneurship
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Momentum for the Entrepreneurial Personality Type (EPT) episodes

  • 486 - Getting Lucky Isn't Success

    Never take getting lucky as a sign of success in your business. Success must be predictable. If you can't predict your success or explain it, then you are just getting lucky. You can't rely on luck because it doesn't work, and you will struggle. It takes massive effort to actually get a business to survive. In the start-up phase, you want to see success everywhere you can, and you should. However, seeing getting lucky as a sign of success will kill your business. In order to grow your business, you need proper feedback and processes to know where you need to focus in order to achieve that growth. When you're ready for it, here are a few ways that my team and I can help you grow and scale your business:

    1. Get a Free Copy of My Book: The Entrepreneurial Personality Type.

    This book will show you why, as an entrepreneur, there is nothing wrong with you and you're not alone. We are the few who dare to dream of a better future and then go into the world and insist it become a reality.

    2. Take our free Momentum Masterclass.

    In this free training, you'll learn how to eliminate pressure & noise, how planning systems play a huge role in your success and the keystone habits every entrepreneur needs to develop.

    3. Join our Billionaire Code Facebook Group.

    Come hang out in our Facebook group of over 2,000+ members where we regularly share about team building and company growth.

    4. Subscribe to the Momentum Podcast.

    The Momentum Podcast will walk you through the importance of building a team, scaling companies and ultimately, making your greatest contribution to the world.

    5. Join one of our programs and work with me and my team.

    If you'd like to work directly with me and my team to take you from where you are today to a place where there is consistent growth and scale, just head on over to billionairecode.com and we'll send over some details to get you started.

    12 min
  • 485 - Let Success Drive Scale

    One of the biggest challenges we see with our new clients is that they have scaled, but they haven't let success drive their growth. They want to move forward so badly, they force growth based on anticipation of what could come versus the what will actually move the company forward.

    When you are growing a business, you will face an infinite number of decisions. It seems obvious we should scale the system around the success of the business. However, many times what happens with entrepreneurs is they scale around a perceived opportunity. They think there is an opportunity coming and hire people and put processes in place for an opportunity that could be there versus making decisions on the business they currently have.

    If you are ready to start growing your business fast and let success drive scale, look up Billionaire Code group on Facebook, it's our free group for businesses that are growing and scaling teams.

    12 min
  • 484 - Don't Take Quitting Personally

    People are going to leave your team, and there is nothing you can do about it. As an entrepreneur, it is going to happen over and over again. The way that you get over this and keep it from being personal is to see change as an opportunity. People are going to leave for reasons beyond your control and for reasons that have nothing to do with you. They will get married. They will move. They will leave simply because they want to. The only thing you can do is be thankful for the time you had and release them and let them go. Then, turn to the people who are left and focus building up the team around you. Take the energy you have and focus on the people who are still with you and make things happen with you. Don't let one person leaving derail you and what you are doing with the rest of your team. If you are ready to start growing your business even faster with systems that keep your team running at the highest level, reach out to us at billionairecode.com.

    14 min
  • 483 - People Look Broken Without a Plan

    People look broken without a plan. When you don't have a plan, you will believe you have people issues and face constant turnover. Conflict. Frustration. Things not getting done. Without a plan, the team doesn't have clarity, so they become tentative and are less likely to take risk and commitment to the work goes down. Your team without a plan will be frustrating and annoying. This is not a people problem. This is the direct result of not having a clear plan connected to a long-term vision.

    With a clear plan, your team will perform at a higher level and clarity and confidence will go up. Strategic plans connect day to day activities to long term vision. With a strategic plan, momentum will be created faster than you thought possible.

    If you are ready to create a strategic plan so your team knows exactly where you are going, reach out to us at billionairecode.com.

    14 min
  • 482 - Strategic Growth Isn't Always Revenue

    Growth isn't always financial. Sometimes, you have to strategically grow some things in order to grow others. You have to take a step back in order to continue growing at a rate you want.

    I talk to entrepreneurs all the time about growing their businesses. That's what keeps us in momentum – growing a business and moving things forward. The problem occurs when you want to grow all the time. A single flat line month will drive entrepreneurs crazy.

    Experienced entrepreneurs understand that in business you should not always be growing top-line numbers. To deliver at the highest level, sometimes you need to make the strategic decision to grow the infrastructure of the business, not the sales of the business. Taking the focus off of the top-line and growing delivery and cause your business to grow in lightning speed.

    Growth in infrastructure changes things and supports the people, processes, projects in your business. When you put the focus here, it will have a slingshot effect because they are the foundational pieces of growth in your business.

    To grow strategically:

    1. Understand that most businesses go through these periods routinely.
    2. Set an outcome and a timeframe to win.
    3. Realize that deliberate building periods act like a turbocharger for your business.

    If you are ready to start growing like crazy and build infrastructure in your business, reach out to us at billionairecode.com.

    Resources Mentioned:

    https://charfen.com/5Core

    15 min
  • 481 - You Can't Decide Everything

    As you grow your business, you can't continue doing everything. This includes decision making.

    In so many ways, the entrepreneur is by far the biggest bottleneck in the business. We see this all the time in our coaching programs. In a growing business, your responsibilities will change on a daily and weekly basis. You miss an opportunity for leverage in decision making when you don't share the process with your team.

    As you build a business, growth happens this way:

    1. Grow product
    2. Grow a tactical team
    3. Grow team that can execute directly for you
    4. Grow and share decision making

    As entrepreneurs, we get used to making the decisions and being in charge, but in order to grow, we need to stop making all the decisions. This is crucial because decision-making fatigue is real. If you are making the decisions in every part of your business, you are making so many decisions that ultimately they won't get made and will slow down your business.

    This is why growing a team to share in the decision-making process is necessary and prevents you from becoming a bottleneck, allowing your business to increase capacity and grow exponentially.

    If you are ready to build out exactly what I talked about – core values, communication cadence – go to billionaire.com, and we will show you exactly where you are on the road to entrepreneurial success.

    19 min
  • 480 - How to Hire Momentum

    In the businesses I've owned, I've always had team members who have military experience in leadership. The world needs to understand that members of the military consistently make ambiguous outcomes reality despite not having enough people, time, resources or direction.

    They have the ability to adapt and overcome consistently, and this is why you want military leadership on your team. They can take an outcome and drive it to a conclusion 100% of the time. If you had this level of experience and ability to drive to outcomes on your team, your business would explode and be what you want it to be. It creates an unfair advantage.

    They are a source of foundational strength and adaptability, and they can help you grow your business in a way of that provides you a level protection and support in a way you never thought possible.

    If you'd like to learn more about American Dream University and support their mission, you can find them here: https://americandreamu.org/

    12 min
  • 479 - Don't Gaslight Your Team

    As the CEO of a business, when you go around your team members, you create fear and uncertainty in your team.

    I've seen this pattern in hundreds of businesses, and it took me years to create systems to break those patterns myself. What you have to see is that you have no idea of the position and stature you have in the lives of the people who work with you, especially if you are hands-off in operations and tactics. You hold a mythical place in their minds.

    When you get involved in things you aren't usually involved in, from the team member's perspective, they will find it overwhelming. That type of behavior of going from CEO who is hands off to diving down to someone on a tactical level and correcting them, you are having a massive impact and creating fear in the team member and the entire team.

    Creating systems around the people will help protect the people on your team and allow you to communicate with them effectively. Clear communication, clear planning systems, and an easy to use chain of command will help everyone on your team know what is going on and increase everyone's performance. Respect the structure, and your entire business will shift.

    If you are growing a business and want to put the right structure in place, go to billionairecode.com and set up a call with a member of our team to go through a Strategy Session to see where you are and what you need to scale and grow your team.

    23 min
  • 478 - Don't Take Money from the Wrong Person

    When you stop taking money from the wrong people, your entire business will change. Early on when you try to sell to everyone, you will be challenged. You will endure pain and suffering by taking money from the wrong people. While it may work for you in the beginning, eventually you will realize you are not getting consistent results. When the product doesn't fit the avatar, the product doesn't have the effect you want it to have, they don't get results, and they end up disgruntled and frustrated, and they leave.

    As an entrepreneur, you want to sell to the right people 100% of the time. When you learn to stop taking money from the wrong people, everything will start to work. Your marketing will work, your sales will work, you will get consistent results. Most of all, your clients will get consistent results. To do that, you must realize that not everyone is the right avatar for you.

    When you aren't getting the results you want, your clients aren't getting results, and the right people aren't showing up, you end up in a place where you have to take responsibility and fix the process. Decide first who you are selling to and creating an outcome for and that will allow you to exclude everyone else.

    Are you ready to grow your business faster? The best way to set up a call with my team and get some more information for yourself is to head to billionairecode.com.

    15 min
  • 477 - When You Hit A Wall

    As you grow your business, there are going to be times when it feels like you've hit a wall. This is especially true if you're a fast growth business.

    It's so normal to hit a wall and it's something that happens to every entrepreneur out there. The key is learning how to deal with your challenges in the right way and not let the struggles you feel push you into making bad decisions.

    When people are under pressure, they don't normally make good and rational decisions. If you've hit a wall, here's what you need to do...

    1 -- Lower pressure and noise for you

    2 -- Assess if your team is overwhelmed

    3 -- Pull the targets closer and rack up some wins

    You can get past the wall.

    If you haven't yet, get a copy of my book the Entrepreneurial Personality Type at freemomentumbook.com

    17 min

About Momentum for the Entrepreneurial Personality Type (EPT)

From the publisher's feed

The Momentum Podcast is for those who of us who think differently — made especially for empire builders, game-changers, trailblazers, record makers, and creators of all kinds. Those among us who can't turn it off, and don't know why anyone would want to. We challenge complacency, destroy apathy, and we are obsessed with creating momentum.

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