The Mind Your Business Podcast

Episode 606: The 4 Business Principles That Changed My Life (and How I Apply Them to Running an 8-Figure Digital Business)

04.17.2023 - By James WedmorePlay

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Want to know what it really takes to run an 8-figure digital business in 2023? In today’s episode, I share the 4 most powerful business principles (plus a few bonus ones) that completely changed my life and have allowed my team and I to do it!   If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag us, @jameswedmore and @jeunejenni.     Business By Design is coming June 1st! To join the priority notification list and to be the first in line when the doors open, go to www.jameswedmore.com/rise! Haven’t left a review yet? All you have to do is go to http://jameswedmore.com/itunes, and thanks for your support of this show! I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition; of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode. In this episode you’ll hear: How entrepreneurs think differently and what has happened in my own life when I haven’t honored the entrepreneurial side of myself  What the Law of Compensation entails and how it relates to the fact that we are all in the business of solving problems for others  The concept of prioritization and the way it can help you determine the significance of your offer Why the role you fill determines the results you get in business, plus how to know if you are in a role that you shouldn’t be in Three skills that every entrepreneur needs to develop  What I mean when I say that “more structure in the business equals more freedom”  The reasons that great businesses are built by great teams An important distinction about how we do things here as an 8-figure company and why it is relevant for you as you scale your business Why maintaining gratitude and respect for others (and the process) as you grow is such a big responsibility  For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/606 

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