Million Dollar Days

Overcoming the Victim Mentality in Business


Listen Later

Send us a text

In an age where small businesses face mounting operational pressures, what truly separates those who merely survive from those who thrive? This raw, unfiltered conversation cuts through excuses and delivers hard truths about entrepreneurship in Australia's evolving economic landscape.

We tackle the recent 3.5% minimum wage increase and superannuation bump to 12%, but quickly pivot to the real issue plaguing most struggling businesses: a fundamental lack of business acumen. With refreshing candor, they challenge the victim mentality that permeates small business culture – the tendency to blame external factors rather than addressing internal deficiencies.

"Someone somewhere is paying premium for the service that you offer," becomes a rallying cry for business owners stuck in the cycle of undercharging and overworking. The discussion explores why most practitioners struggle with the transition to business ownership, highlighting the vast difference between being skilled at your craft versus running a profitable enterprise.

The conversation takes fascinating turns through Australia's economic safety nets, tax perspectives that separate the wealthy from the struggling, and why maintaining productive discomfort drives business growth. Beyond theoretical concepts, the hosts share personal experiences of pushing through challenges and the mindset shifts that enabled their success.

Whether you're a seasoned entrepreneur or contemplating your first business venture, this episode delivers actionable insights on pricing strategy, customer selection, and maintaining momentum through adversity. Stop blaming external factors and start mastering the fundamentals that drive business success. Your perspective – not government policies – ultimately determines your outcomes.


...more
View all episodesView all episodes
Download on the App Store

Million Dollar DaysBy Robby Choucair and George Passas