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S1E6: Successful Entrepreneurship with Studio 503’s CEO Michael Walters
In this engaging episode of Purposeful Prosperity, we are joined by Michael Walters, the dynamic CEO of Studio 503. Michael shares his innovation-driven journey from launching Studio 503, a nurturer of entrepreneurial ideas, to actively challenging conventions and hurdles faced in business.
From discussions around the commitment to create a positive paradigm shift, the importance of mental health, and thee volution of Studio 503, to a groundbreaking project that can improve the quality of life for millions of pets, it's a powerhouse of transformative ideas. Learn about an ancient solution to contemporary problems, a plant that promises significant implications in pioneering comprehensive dental health for pets. The episode promises to be a whirlpool of business wisdom, entrepreneurial inspiration, and social impact initiatives. Tune in to listen to how Michael and his team are reconstructing the future of the business arena and pet health.
TOPICS DISCUSSED:
- The evolution of Studio503
- Importance of mental health and personal struggles
- Role of purposeful prosperity and ways to achieve it
- Revolutionary project focusing on addressing pet dental health problems
- The hurdles in transporting breakthrough ideas to the mass market and breaking from conventional thinking
- The role of Studio 503 in aiding small and mid-sized businesses' success with large retailers
- The essence of building authentic connections in business
NOTEWORTHY QUOTES:
"I want to be able to build a business that can do whatever it is that I want to do or can do. As long as you can figure out how to do it, and you fit within the big lines, right? You pay your bills, you pay your people, you pay your taxes, you don't break any laws. As long as you can do that, there's nothing that says you can't do this and that." - Michael Walters
"There's a bar you have to jump. And if you can't cover the bar, you don't play the game. You can't clear the bar in the high jump, you shouldn't be a vendor there. That's just kind of the way that goes. There’s no “let's lower the bar because you only have 50 employees” kind of thing at a Walmart or at a Target. That doesn't exist, you have to execute." - Michael Walters
"There isn't a drawback to it. Doing good and making money. That's what purposeful prosperity is all about." - Michael Walters
"I don't care if I have another 500 connections on LinkedIn. I don't care. It does me nothing if I don't understand who they are, what they do, what they're all about. And not just in the work sense, but character-wise." - Michael Walters
"I mean, that's what entrepreneur is all about, right? It’s seeing a change you want to create int he world and having the courage to act on it. I think that's the difference between an entrepreneur and a wantrepreneur." - Jack Smith
LET'S CONNECT:
YouTube: https://www.youtube.com/@Purposeful_Prosperity
TikTok: https://www.tiktok.com/@heyjacksmith
Website: https://www.heyjacksmith.com/podcast
FOLLOW FORTUNA BMC:
Facebook: www.facebook.com/fortunabusinessmanagement
Instagram: www.instagram.com/fortunabmc
Twitter: www.twitter.com/FortunaBMC
Website: www.fortunabmc.com
View all episodes
In this engaging episode of Purposeful Prosperity, we are joined by Michael Walters, the dynamic CEO of Studio 503. Michael shares his innovation-driven journey from launching Studio 503, a nurturer of entrepreneurial ideas, to actively challenging conventions and hurdles faced in business.
From discussions around the commitment to create a positive paradigm shift, the importance of mental health, and thee volution of Studio 503, to a groundbreaking project that can improve the quality of life for millions of pets, it's a powerhouse of transformative ideas. Learn about an ancient solution to contemporary problems, a plant that promises significant implications in pioneering comprehensive dental health for pets. The episode promises to be a whirlpool of business wisdom, entrepreneurial inspiration, and social impact initiatives. Tune in to listen to how Michael and his team are reconstructing the future of the business arena and pet health.
TOPICS DISCUSSED:
- The evolution of Studio503
- Importance of mental health and personal struggles
- Role of purposeful prosperity and ways to achieve it
- Revolutionary project focusing on addressing pet dental health problems
- The hurdles in transporting breakthrough ideas to the mass market and breaking from conventional thinking
- The role of Studio 503 in aiding small and mid-sized businesses' success with large retailers
- The essence of building authentic connections in business
NOTEWORTHY QUOTES:
"I want to be able to build a business that can do whatever it is that I want to do or can do. As long as you can figure out how to do it, and you fit within the big lines, right? You pay your bills, you pay your people, you pay your taxes, you don't break any laws. As long as you can do that, there's nothing that says you can't do this and that." - Michael Walters
"There's a bar you have to jump. And if you can't cover the bar, you don't play the game. You can't clear the bar in the high jump, you shouldn't be a vendor there. That's just kind of the way that goes. There’s no “let's lower the bar because you only have 50 employees” kind of thing at a Walmart or at a Target. That doesn't exist, you have to execute." - Michael Walters
"There isn't a drawback to it. Doing good and making money. That's what purposeful prosperity is all about." - Michael Walters
"I don't care if I have another 500 connections on LinkedIn. I don't care. It does me nothing if I don't understand who they are, what they do, what they're all about. And not just in the work sense, but character-wise." - Michael Walters
"I mean, that's what entrepreneur is all about, right? It’s seeing a change you want to create int he world and having the courage to act on it. I think that's the difference between an entrepreneur and a wantrepreneur." - Jack Smith
LET'S CONNECT:
YouTube: https://www.youtube.com/@Purposeful_Prosperity
TikTok: https://www.tiktok.com/@heyjacksmith
Website: https://www.heyjacksmith.com/podcast
FOLLOW FORTUNA BMC:
Facebook: www.facebook.com/fortunabusinessmanagement
Instagram: www.instagram.com/fortunabmc
Twitter: www.twitter.com/FortunaBMC
Website: www.fortunabmc.com