In this episode, Keaton Turner delves into the pitfalls of pride, initiating a conversation with a new business owner about the challenges of remote communication. Reflecting on personal pride, he emphasizes the importance of embracing new opportunities. The discussion navigates the risks and critical decisions involved in starting a business, highlighting the deceptive comfort of revenue and the necessity for detail-oriented strategies. Keaton underscores the role of credit and the value of seeking advice, stressing the power of mentorship and the importance of building an advisory team. He wraps up with thoughts on seeking advice and moving forward.
(0:00) Welcome and the pitfalls of pride
(1:10) Conversation with a new business owner and the challenges of remote communication
(4:04) Personal pride and embracing new opportunities
(7:06) The risks and critical decisions in starting a new business
(11:01) Detail-oriented strategies and revenue's deceptive comfort
(15:16) The role of credit and the value of advice in business
(19:03) The power of mentorship and building an advisory team
(24:50) Closing remarks on seeking advice and moving forward