Wealth Strategy Secrets of the Ultra Wealthy Podcast

Start and Scale a Service Business for Freedom and Profit


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Today's episode features an insightful conversation with Robin Waite, a seasoned entrepreneur, business coach, and author of Take Your Shot. Robin has helped thousands of coaches, consultants, and service providers build thriving businesses with clarity and purpose. He's joined by our host, Dave Wolcott, serial entrepreneur and author of The Holistic Wealth Strategy. Together, they break down one of the most accessible – yet often overlooked – ways to build wealth: launching and scaling a service-based business.

Robin brings a unique perspective that combines deep business strategy with powerful lessons on pricing, psychology, and money mindset – two critical areas where most entrepreneurs struggle. Drawing from his journey of leaving a traditional job to become successfully "unemployable," Robin shares hard-earned lessons from 21 years of building, scaling, and selling businesses. He explains why service-based businesses can offer unmatched freedom, creativity, and scalability, especially in today's world where tools like AI and online marketplaces make starting up more accessible than ever.

Robin and Dave also dig into common pitfalls, such as the dangers of vanity metrics and the "sales cycle of doom," while giving actionable advice for anyone considering entrepreneurship or looking to take their existing business to the next level. Whether you're dreaming of leaving your W2 job or refining your pricing strategy, this episode provides practical frameworks and mindset tools to create true financial and personal freedom.

In this episode, we discuss:

  • How to transition from a job to entrepreneurship and why a gradual approach works

  • The advantages of launching and scaling a service-based business

  • Pricing strategies and overcoming money mindset barriers

  • Why clarity, purpose, and values matter more than chasing vanity metrics

...more
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Wealth Strategy Secrets of the Ultra Wealthy PodcastBy Dave Wolcott

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