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Opening Up About Mindset & Head Trash with Rick Martinez

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On this episode of Rhodes to Success, I interview Rick Martinez, who is a veteran, registered nurse, writer, and successful entrepreneur. Rick sold his company, MedTrust for seven figures, and during this episode, discusses BizAcademy Online, money mindset, winner’s mindset, masterminds, and the 4 business fundamentals you won’t learn in business school. 

 

Main Questions Asked:

  • Why are people, passion, and profit the keys to greater impact and more reward?
  • What are your thoughts around money mindset?
  • How do you define and develop a winner’s mindset?
  • How can people strengthen the winner’s mindset?
  • What are the 4 business fundamentals you need to know about, and why won’t you learn them in business school?
  • Talk about entrepreneurs and follow through.

    •  

    Key Lessons Learned:

    Money Mindset

    • Work less, make more, live with passion, and make money.
    • We need to have a different internal conversation about money, because it’s okay to make money. It’s not about the money, but rather what you do with it.
    • Being happy for people who have more will put you in an abundance mindset.

      •  

      Winner’s Mindset

      • Whether you own your business or are an employee, you need to get your mind ready to attack the day.
      • This mindset starts with how you approach the day, starting from waking up to perception.
      • When you know ‘why’ you are going to do what you do, it makes things easier.
      • Rick starts his day with a ‘power hour,’ which includes reading something inspirational, clearing out his inbox, and reading his mantras.
      • Our minds can quickly go to negative places, so it works to have positive mantras actually written down.

        •  

        Tips for Winner’s Mindset

        • It’s often difficult to keep energy flowing on our own and the power of accountability.
        • Masterminds don’t always have to be for business owners. There are local Meetup groups.
        • If you don’t have a mastermind group, then either seek one out or create one. Be the change you want to see.

          •  

          Challenging Days

          • Wondering what you are doing, what your purpose is, and if you are on the right path happens to everyone.
          • We all have days where the mindset goes off the deep end and negative mind chatter creeps in.
          • Have an accountability partner you can call when you need a ‘mindset check.’

            •  

            The 5 People

            • We are the average of the 5 people we surround ourselves with. These don’t have to be people we aspire to be, but can be people we lead.
            • Regardless of whether you are a business owner, you need to have mentors and trusted advisors in your life.
            • Think of your advisors as a board of directors, as not everyone can give advise on every challenge.
            • It’s not just about business; it’s about the balance of life.

              •  

              The 4 Business Fundamentals

              1. People

                • Understanding vendors and clients.

                  1. Strategy

                    • What is the long-term 3-5-year plan?

                      1. Execution

                        • How are you putting what you know about people and your business into action?

                          1. Cash Flow

                            • Cash is king.
                            • Gross revenue is for vanity, and net revenue is for sanity.

                              • Entrepreneurs & Follow Through

                              • Fail fast, fail cheap, and ask, “Is what I’m going to do a benefit in the long run, or am I doing this to satisfy my entrepreneur ego?”

                                • Subscribe to the show in iTunes or Stitcher Radio!

                                The music in today's episode was written by The Danger Os and produced by Nick Palmer. Check them out at https://www.facebook.com/thedangerosmakemusic 

                                Links to Resources Mentioned

                                The Hustle Blueprint

                                Biz Academy Online

                                Rick Martinez

                                ...more
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                                Interview Connections | The Leading Podcast Booking AgencyBy Jessica Rhodes
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