I’m extremely honored to be sharing with you in this episode a conversation with one of the most prolific entrepreneurs and talented business minds in Charlotte – Shawn McAllister.
Shawn began his entrepreneurial journey here in Charlotte at age 21 by founding the Gin Mill tavern, and has since been involved with the construction of over 200 bars and restaurants in the area, development of luxury condominiums, and community revitalization projects. Shawn has over 25 years of business ownership and management experience growing companies structurally from the ground up, systematizing them to achieve their financial objectives, and developing individuals and teams that execute.
For my small business owner audience, and that’s most of you I would guess, you’ll find this episode especially insightful. With experience comes wisdom, and Shawn generously shares some sage advice for small business owners. Whether you are aspiring to open your own business, have just started out, or are several years into it, you’ll find value in the advice Shawn offers. Some of the best stuff happens toward the end of this episode, so make sure you stick around.
So, friends, thanks for joining us. It’s my honor to share with you my conversation with Shawn McAllister – enjoy.
but here are my Top 5 value grabs from this episode:
#1 – Choose the right heroes. Find the mentor that has achieved the goals that you want to achieve, in a way that you wish to achieve them. In other words, the mentor that has been there and done that, and aligns with your values. By the way, that’s there’s a big difference between a mentor and a coach – anyone can hire a coach, but you’ll need more than a checkbook to earn a mentor.
#2 – There’s no need to put everything on the line or risk everything for your business. Test your business plan or concept with the low-cost probe – dip your toes in the market before you dive in.
#3 – Build enough runway for your business to take off. Take the time and do the work ahead of launch to give your business the best chance of success.
#4 Customer experience above all else – period, end of story.
#5 Systems and Processes build quality, efficiency, and ultimately profitability. Take the time to document, develop, and refine high quality systems and processes early on in your venture.
Helpful Links:
Fulcrum Living https://fulcrumliving.com/
Fulcrum One South End https://thefulcrumone.com/
Books mentioned in this episode:
Halftime: Moving from Success to Significance by Bob Buford Buy here >> https://amzn.to/3qrSO0j
How to Win Friends and Influence People by Dale Carnegie Buy here >> https://amzn.to/3sDngpW
How to Stop Worrying and Start Living also by Dale Carnegie Buy here >> https://amzn.to/38UdW9B
You can purchase these books through affiliate links in the show notes, which is a great way to help support this podcast.
Thanks for listening!
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