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What career pivots or reinventions are you considering? In this episode, Erik Cabral speaks with Lisa Copeland, a serial entrepreneur and international keynote speaker, who has successfully pivoted and reinvented her career multiple times. Through her story of navigating the challenges of the pandemic and transitioning from speaking to real estate, she shares valuable lessons on the importance of having a clear purpose, setting goals and accountability measures, embracing failure, and above all, having the courage to reinvent yourself and chase your dreams.
Here are some power takeaways from today’s conversation:
Lisa's "eureka moment" during the pandemic
Reasons for Lisa's success in real estate
The power of authenticity
The power of accountability as a leader and coach
Why coaching doesn’t mean you have weaknesses
Lesson on embracing failure and cutting losses
The power of purpose beyond just making money
In one word, Lisa says she helps people find "courage"
Episode Highlights:
[09:52] The Power of Authenticity: Embrace Your True Self for Success
Authenticity is a game-changer in both personal and professional spheres. Your most successful self will always be your most authentic self. Just like how you can easily spot a fake purse, people have an innate ability to detect authenticity. In the world of sales and business, authenticity holds incredible value. Influential figures like Gary Vee and Grant Cardone, known for their charismatic personas and strong opinions, attract people not necessarily because everyone agrees with them, but because they exude authenticity. They have the courage to stand up for what they believe in. And that courage is vital for achieving success in life.
Having the audacity to take a stand, to show up as your true self, is crucial.
[16:43] The Power of Accountability: Unlocking Success as a Leader and Coach
Accountability plays a crucial role in both leadership and coaching. Without it, many people struggle to achieve success. It's not easy to hold oneself accountable as humans tend to face challenges in doing so. That's why finding an accountability partner becomes essential. By sharing your goals with someone who can hold you accountable, you increase your chances of staying on track and accomplishing what you set out to do. It's important to lay out your goals clearly and boldly. Don't shy away from setting big, audacious goals that push your limits. In fact, making them public can provide an added layer of motivation and encouragement. When you make your goals known to others, you create a sense of external responsibility. This can inspire you to put in the necessary effort and work harder towards achieving your objectives.
[32:45] The Power of Purpose: Going Beyond Self in Business and Life
When it comes to business and life, having a strong purpose is key. It's about finding something that is greater than yourself, something that ignites passion and drives you forward. Consider this: if your purpose is solely focused on making as much money as possible, it may not be compelling enough to lead you to true success. Instead, align your actions with a higher purpose, where money becomes secondary. Take the time to reflect and determine what truly fuels you. What is your purpose? What motivates you to get out of bed each morning? Having a purpose that goes beyond monetary gains is essential for achieving heightened levels of success.
Resources Mentioned:
www.lisacopeland.com
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Personal branding is about differentiation – but how are you going to stand out from the thousands of other offerings out there? In today’s episode, Erik Cabral sits down with Michael Diettrich-Chastain, the founder of Arc Integrated, an organizational consulting and executive coaching firm specializing in leadership, emotional intelligence, and communications.
Listen in as Michael discusses the importance of personal branding for business owners and leaders. He shares how he developed his own personal brand and the influence of conscious leadership on his brand. Michael also provides a seven-step system to help create and manage change based on seven predictors of our ability to do so.
Here are some power takeaways from today’s conversation:
The importance of personal branding
The four elements of emotional intelligence
Michael's seven predictors of our ability to create change
Developing consciousness by helping leaders become their best selves
Episode Highlights:
[02:11] The Importance of Personal Branding
Personal branding is crucial to differentiate oneself from competitors and avoid being seen as just another option among many. A clear personal brand helps communicate uniqueness, and focusing on a specific area of expertise can enhance identity and resonate more with the target audience. Michael's rebranding to emphasize leadership development and workplace culture helped his business succeed and a personal brand serves as a logo for one's expertise.
[14:59] The Four Elements of Emotional Intelligence
Self-awareness: Being aware of your own emotions and how they affect your thoughts and behaviors. This includes recognizing your strengths, weaknesses, drives, and biases.
Self-management: Ability to regulate your own emotions and impulses. This includes self-control, adaptability, transparency, and achievement orientation.
Social awareness: Ability to understand and empathize with others. This includes recognizing their emotions, needs, and concerns.
Social skills: Ability to manage relationships and build networks. This includes inspiring and influencing others, managing conflict, and building rapport.
[26:37] Seven Predictors of Our Ability to Create or Manage Change
Cognition - How we think and approach problems. Are we abundance-minded or scarcity-minded?
Heart - Our emotional selves. Being aware of and managing our emotions.
Actions - Our habits and routines that become our "regular routine".
Nourishment - How we treat our physical selves through movement, diet and sleep.
Guts - Our courage to act on our convictions and with integrity.
Environment - The people, places and things that surround us and influence us, including online environments.
Spirit - Our belief systems about what we're capable of and the nature of the world.
Resources Mentioned:
www.arcintegrated.com
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Despite losing $2 million due to the dot-com bubble, Jeremy Delk refused to give up and worked hard to overcome adversity. In this episode, Erik Cabral sits down with Jeremy to talk about his journey of embracing failure.
Jeremy Delk is the managing director of Delk Enterprises, a diversified investment firm. He's a serial entrepreneur, with a massive passion for disrupting industries for over 20 years. Jeremy is also the author of Without a Plan: A Memoir of Unbound Action and Failing My Way to Success.
Here are some power takeaways from today’s conversation:
Two major events that shaped his life
How Jeremy is helping small businesses
Things to look for when investing in companies
How to stay motivated and passionate about what you do
Your clients as your best form of information
Two ways to grow your business
Building a personal brand
Episode Highlights:
[06:15] Lessons from Losing $2 Million
Society often teaches that failure is a bad thing, but Jeremy believes that it's where real learning happens, and failure should be embraced. His experience gave him the courage to keep moving forward and pursue his dreams, even if he fails along the way. Looking back, he realized that having lost $2 million actually did so much more for him today in the last 20 years, than the $2 million he would have had. Failure taught him the importance of resilience, perseverance, and embracing failure as an opportunity for learning and growth.
[13:47] Things to Look for When Investing in Companies
When investing in companies, it's important to look beyond the product or service being offered and focus on the founder or leader of the organization. Are they transparent and authentic when discussing their company, or do they pretend to have all the answers? A vulnerable and honest leader who acknowledges their weaknesses is more likely to succeed because they can seek help and collaborate with others when needed. Don't be afraid to show vulnerability and transparency, as this can build trust with potential investors and customers. Life would be easier if more people could do this, but insecurities often prevent us from being our authentic selves.
[29:10] Two Ways to Grow Your Business
There are two main ways to grow a business: acquire more customers or deepen relationships with existing ones. Many people overlook the value of offering premium services to current customers who would be willing to pay more for additional benefits. By having conversations with clients and asking for feedback, businesses can identify areas where they can offer additional value and create tailored, premium services that meet specific needs. This approach not only deepens customer relationships but can also lead to new sales as satisfied customers become advocates for the brand.
Resources Mentioned:
Book: Without a Plan
Delk Enterprises
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Why is it that saying "Jesus" too many times turns people off? In this episode, Eric Scovill shares his journey and passion for service with Erik Cabral. Tune in to find out how we can get past this issue and grow in our faith! Eric also shares his insights into prioritizing relationship with God, giving back through stewardship, and more.
Eric Scovill is a financial planner with top-tier alternative investments from hedge funds and real estate, to royalties and world-changing venture capitalist opportunities.
Here are some power takeaways from today’s conversation:
Eric’s turning point and transition into financial investing
Staying mentally healthy as a provider
Leaning into failure and faith
Understanding Stewardship: The Key to Financial Success and Philanthropy
Is the modern-day church fulfilling its purpose?
The analogy between coincidence and the tree
Embracing your journey with God
Episode Highlights:
[27:08] Understanding Stewardship: The Key to Financial Success and Philanthropy
Many individuals overlook the importance of comprehending their finances and instead solely focus on earning money. Recognizing this issue, Eric set out to assist those who require guidance in this area. By helping people with their finances, he hopes to inspire them to embrace philanthropy and stewardship. Understanding that we are merely stewards of God's assets rather than owners is crucial. Giving back to God rather than keeping everything for ourselves is a paradigm shift that can have a significant impact on people.
[29:26] The Importance of Prioritizing Relationship with God Over Service
God desires more than just our service, as a perfect parent He yearns for a deep relationship with us. Prioritizing this relationship should come before any other pursuits. If that means allowing God to break us of financial struggles or emotional wounds, then so be it. This realization has shifted my focus towards strengthening my vertical relationship with Him first, so that I may use the blessings He gives me to make an impact in the world.
[38:07] Is the Modern-Day Church Fulfilling Its Purpose?
The modern-day church has veered away from its intended purpose, as depicted in the New Testament and Acts of the Apostles. The present-day church lacks the characteristics and qualities that it was meant to embody. Consequently, individuals who are not deeply rooted in their faith may be pushed away by this deviation from the true essence of the church.
[52:38] Embracing Your Journey with God
In our spiritual journey, it's important not to rush through the process. Each lesson and experience, whether as a father or a husband, should be embraced rather than wished away. It is the journey that brings us closer to God, not just the destination. God doesn't require us to save the world or bring love and money to different organizations because He's already taking care of that. What He wants is for us to join Him in this beautiful journey of faith.
Resources Mentioned:
Elysium Therapeutics
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Want to leverage the power of science for more effective branding? Check out our latest episode as Erik Cabral sits down with Staeven Frey, where he shares insights on System 1 and System 2 thinking and how they impact our decision-making process.
Staeven Frey is the founder of Chief Brand Science and Chief Brand Scientist at Quantum Branding. He helps brands become authentic and memorable category leaders through the power of brand science, the core of what fuels a successful brands growth, sales and marketing.
Here are some power takeaways from today’s conversation:
Neurodiversity, defined
System 1 thinking vs. System 2 thinking
How to leverage science for more effective branding
How we process making decisions in life
The importance of making decisions based on your goals
Episode Highlights:
[01:54] What is Neurodiversity?
Neurodiversity is a term that encompasses the varying ways in which people are wired. It acknowledges that differences in neurological wiring do not necessarily mean being "wired wrong". While some people may have a disability such as blindness, there is a spectrum of neurological differences, including conditions such as ADHD and dyslexia. This spectrum is not a clear-cut line, but rather a starburst of quadrants.
[12:57] System 1 Thinking vs. System 2 Thinking
System 1 thinking is rapid, autopilot thinking that absorbs information from our surroundings and helps us understand and navigate the world. System 2 thinking is more deliberate and analytical, but only makes up about 5% of our overall thinking time. Understanding these different modes of thinking can help us make more intentional choices in life.
[15:53] Using Science for More Effective Branding
The effectiveness of branding can be improved by tapping into the science of our memories. This is where System 1 and System 2 thinking comes into play. Since 95% of our thinking is a sensory intake, factors such as shape, color, words, story, messaging, photography, and illustration are crucial in creating a memorable brand. When these elements are distinct and stand out in their category, they are more likely to be remembered. Therefore, the brand with the most unique and recognizable assets becomes the most memorable.
Resources Mentioned:
Quantum Branding Agency
Email Staeven: [email protected]
Designing Brand Identity by Alina Wheeler
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
As entrepreneurs, it’s crucial to consider whether your business is plateauing, declining, or profitable in order to determine whether it’s the right time to sell. Although many successful business owners are reluctant to sell, they may be missing out on the best opportunity to do so. As for Nate Lind, he went from having 27 active LLCs (it’s crazy!) – and now down to only one, directing all his focus on it.
Nate Lind is an entrepreneur, investor, and e-commerce business founder with expertise in building and scaling through innovative marketing strategies and operational excellence. A renowned keynote speaker, Nate shares his insights and strategies for success with global audiences. His book, Maximum Exit, is written for business owners who want to sell their businesses for as much money as possible.
Here are some power takeaways from today’s conversation:
Getting clear on his purpose
Becoming a millionaire after 100 days of bankruptcy
Signs to close or sell your business
Putting systems in place when you’re selling your business
Adopting the Entrepreneurial Operating System (EOS)
Episode Highlights:
[17:55] Nate’s Journey From Bankruptcy to Becoming a Millionaire
Nate shared that he had experienced personal bankruptcy under Chapter Seven, leaving him completely broke and unable to pay off his debts. In a desperate attempt to keep his company afloat, Nate resorted to putting the payroll on his credit card. Despite his efforts, he eventually maxed out his credits and had to face the painful reality of closing down the business. This decision was made even more difficult as Nate felt a sense of duty towards his employees, whom he had been supporting through this challenging time. The experience left him with nightmares and symptoms of, what he calls, entrepreneurial PTSD. He was waking up with cold sweats in the middle of the night, thinking he failed everybody and had lost everything, including friends, family, and random investors.
[22:45] Signs It’s Time to Close or Sell Your Business
Timing is crucial in business, and it's important to evaluate the velocity of your business. Is it profitable? Plateauing? Or declining? Buyers are looking for stable or growing businesses, so if your business is doing well, you may not want to sell. However, that's actually the best time to sell. Many entrepreneurs struggle with this, as they don't want to let go of a successful business. But the reality is, when things start going downhill, it's much harder to find buyers. It's like borrowing money - when you need it, you can't get it. The biggest thing to remember is why you became an entrepreneur in the first place. Did you do it to work endless hours and make millions, or did you do it to achieve a certain lifestyle and pursue your passions? If your business is isolating you from your family and other areas of your life, it might be time to consider selling.
Resources Mentioned:
www.natelind.com/gift
www.maximumexit.com
EOS
The 5 Love Languages by Dr. Gary Chapman
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Find out all there is to know about taking advantage of your credit card points and how you can travel the world the best way possible. In this episode, Erik Cabral speaks with Eli “The Travel Guy” Facenda, the founder of Freedom Travel Systems, a travel company that helps people maximize luxury travel with their points, without all the headache and frustration of trying to figure it all out for themselves.
Eli is a travel-loving entrepreneur with a nerd-like passion for maximizing credit card points for world-class travel experiences. He's visited over 40 countries in the last five years and is able to leverage these credit card points to get an average of about $100,000 of luxury travel every year. Find out how you, too, can travel like a pro!
Here are some power takeaways from today’s conversation:
How Eli got into the travel hacking world
How to get the most out of your points
Using credit card points vs. cash backs
How to choose credit cards
How to get started with business credit
Episode Highlights:
[15:06] How to Maximize Your Points
Maximizing travel rewards involves a few key strategies such as:
Choose the right credit cards and allocate expenses in a way that earns more effective points. This means being mindful of which points are most valuable and not making the mistake of accumulating points that can't be used well.
Upgrade everyday travels by utilizing card benefits and playing the status game well. Aim to take advantage of perks such as free Uber rides, priority check-ins, TSA pre-check and lounge access for complimentary food, drinks, and Wi-Fi.
Use points more effectively by converting them into airlines and hotels loyalty programs for up to 10 times more value. Whether you're planning a luxury international trip or a family trip to Disney, this strategy can help you get the most out of your points.
Business owners and non-business owners alike can utilize these strategies to earn and maximize travel rewards.
[18:21] Credit Card Points vs. Cashbacks
If you feel like you trust yourself with your finances, then credit cards and, specifically, points will always make sense if you're someone who travels. If you don't travel at all, then cashback can make sense. If you want to earn the most effective points starting out, you want to be looking at these transferable bank points that can convert from the banks into airlines and hotels.
[20:36] How to Choose Credit Cards
To optimize your credit cards, consider which airlines you fly frequently, your nearest airport, and your typical expenses. For instance, if you spend heavily on groceries and dining, the AMEX Gold card earns four points per dollar. A card like Frontier, which only earns one point per dollar and can't be used widely, is a poor choice. Having a clear strategy before choosing a card is crucial. Additionally, loyalty programs are highly profitable for airlines, which explains their aggressive co-branded card promotions. By having a plan and understanding credit card rewards, you can maximize your travel rewards.
Resources Mentioned:
Freedom Travel Systems
Instagram: @elitravelguy
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Are you struggling with wearing too many hats at once? It's easy to get distracted by the next shiny object, but what happens when you find that one thing to focus on? In this powerful episode of the podcast, Erik Cabral shares his journey as an entrepreneur and how he built a personal brand worth paying attention to. As he celebrates his 275th episode, Erik gets as open and vulnerable as possible with his listeners, sharing intimate details about his experiences.
Join Erik on this journey of reflection and discovery as he provides valuable insights on how to maintain focus amidst opportunities, stand out from the crowd, and identify your own personal branding superpower.
Here are some power takeaways from today’s conversation:
Reflecting on the journey
Leveraging focus as your superpower
Identifying what differentiates you
Finding faith in the face of uncertainty
The importance of having a plan and structure in place
Episode Highlights:
[06:26] Using Focus as Your Superpower
Focus is truly a superpower that you, like most people, have the ability to leverage and turn into a superpower. You may call yourself a real estate investor, podcaster, creative director, brand expert, and more - but where is your focus? Where do you direct your energy and passion? As an entrepreneur, it can be challenging to maintain focus because there are so many opportunities out there. However, it's important to avoid getting distracted by shiny objects, and instead, concentrate on what matters most.
[16:15] Finding What Differentiates You
With the rise of podcasting, it has become an extremely popular commodity with many people jumping on board. As a result, you have to stand out from the crowd by knowing what sets you apart from others in the field. With so many individuals producing podcasts, you have to be able to find your unique voice and angle.
[30:10] Defining Your Superpower!
Erik has developed exercises for himself that he now shares with clients to help them with personal branding. He is all in on personal branding because he has built a personal brand worth paying attention to over the past four or five years. Recognizing his superpower to connect with individuals deeply and quickly, Erik has created all of this success and he now wants to teach others how he accomplished this by identifying their unique superpower, core values, and moral compass through frameworks, exercises, and worksheets.
Resources Mentioned:
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
If you haven’t tapped into the power of videos in building your personal brand, then you better start right after listening to this episode! Our guest for today is Brandon T. Adams, an Emmy Award-winning TV producer and co-founder of Rise and Record. Join us as we uncover the secrets to establishing a powerful personal brand through video.
In this episode, we will dive deep into the significance of investing in the right mentors, creating the right content, and the power of branding. We will explore some power takeaways from our conversation, including building a personal brand through video, staying focused on the vision, and the importance of storytelling through video. Finally, learn how to create content that resonates with your audience and document your journey to success.
Here are some power takeaways from today’s conversation:
Building a personal brand through video
Staying focused on the vision
The importance of telling great stories through video
The power of spontaneous viral content
The importance of having a “like and trust”
Episode Highlights:
[06:22] The Power of Video in Building Your Personal Brand
It's been proven that when someone can see our eyes, they are more likely to trust us. And when we smile, we're perceived as kinder people. These psychological cues help to build likeability and trust, which is essential for a brand. But remember, a brand is not just about projecting a positive image; it's also what people say about it when the brand is not present. This is why video is such a powerful tool in building your brand.
[28:52] Telling Great Stories Through Video
It all comes down to telling a great story through video assets. Video is not only the future, but it is now. By leveraging the power of video content, you can create a lasting impact on your audience and achieve your goals.
[31:26] How to Create Content
Most of the content is created via phone due to the lack of investment in videographers and other resources. The primary concern for listeners is the value that the content can provide. Who you are, what you do, and how you can help others hold significant importance. Your personal brand is a reflection of who you are as a person. Elaborating on how you assist people through your services, events, programs, or agency can create a long-lasting impression on viewers. Consistently creating content with these elements can lead to direct messages, website traffic, and recognition on the streets. Documenting all of this can also be immensely beneficial.
[40:38] The Power of Consistency in Building Your Personal Brand
The more times someone sees you, the higher the probability of sales. Increased revenue enables you to support your family, contribute to good causes, and achieve personal well-being. Rather than being perceived as selfish or greedy, building wealth can help more people and create a better life. With only one life to live, it is imperative to invest in a mission and purpose for building a brand that benefits oneself, their family, and others.
Resources Mentioned:
Rise and Record
@brandontadams
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
Ready to maximize your ROI with tech-forward approaches in short-term rentals? In today's episode of Entrepreneurs Circle, Eric Cabral sits down with Josh Hatter, a seasoned investor with over 20 years of corporate experience. Known for growing his self-directed IRA and 401k from $30,000 to a $5-million portfolio within just 10 years, primarily through short-term rentals, Josh is a force to be reckoned with in the world of real estate investing.
A sucker for automation and streamlining processes, Josh uses tech-forward approaches in his short-term rental businesses, including bed and breakfasts, hotel management, boutique hotels, and more. Eric and Josh discuss his impressive journey, offering insights and valuable tips for aspiring investors looking to replicate his success.
Here are some power takeaways from today’s conversation:
Finding opportunities amidst the pandemic
Innovations in the boutique B&B Business model
Finding his mentor
Dealing with haters on social media
How to be an accelerant
Episode Highlights:
[07:30] An Opportunity Amidst COVID-19
The COVID-19 pandemic has presented an opportunity for Josh’s boutique B&B concept to thrive as people have come to appreciate properties that are done well with modern amenities. With a technology-forward concept, guests are given a code that works only during their stay, allowing for a contactless experience. The continental breakfast is also designed as a grab-and-go option. The brand's success is due to COVID-19's impact, which has brought an opportunity for the development of this business model.
[11:10] Innovation in the Boutique B&B Business Model
The advent of Airbnb led to the massive growth of the boutique bed-and-breakfast (B&B) business model. This caused technology vendors to search for specific niche problems to solve, either for the guest experience or other areas of the business. For example, digital guidebooks were created to provide guests with a unique experience when staying on a property. These guidebooks are tailored specifically for each property to give guests a more personalized experience, allowing guests to access local recommendations, restaurants, and things to do, conveniently, from their phones. The industry is new, and there has been significant investment in the asset class in the past decade leading to innovation in all areas of the B&B business.
[28:48] How to Be an Accelerant
If you want to become an accelerant, the first step is to identify a hyper-specific group of people who are trying to achieve something that you have had success with. The next step is to offer your time, expertise, and resources to help them achieve their goals. It’s not just about writing a check or throwing money at a problem. It's about making a meaningful contribution by sharing your knowledge and resources to help people achieve their goals.
Resources Mentioned:
www.joshhatter.com
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
From the publisher's feed