In this episode you get to spy in on a LIVE coaching session I did with Lenny Tim. Lenny has been a full time entrepreneur for several years and makes 6 figures a year in his businesses, but wants to get to the 7 figure mark. In this episode I coach him (and you through him) on the steps he needs to take to get through his plateau and reach 7 figures and beyond!
How to Start a Mobility Scooter Rental Business (and Other Rental Business Ideas) With Lenny Tim
In This Episode Chris Lollini Teaches How to Start a Software Business (Saas) Without Having to Create Your Own Software - Making a Multiple 6 Figure Income White Labeling Saas - With Chris Lollini
For those of you who have been following the podcast, know that we're getting ready to sell our house.
It's been pretty busy around here, so we're trying to get as many people as we can over here to help. Tara's brother, Tyson, my brother-in-law, who I interviewed on the last podcast has been staying with us in our guest house, and he's been really helping us get things ready. And just a few days ago we said to him, Hey Tyson, we need more help. And he's like, okay, I know some people. So he's been bringing over his good friend Will who is also a recovering alcoholic/drug addict, and he's been helping us out for the last few days.
So that's been awesome. Now I've only talked to Will for a brief second one time and yesterday he came up to me right before he was leaving and just said, "Hey, I just wanna thank you for the podcast. It's really been helping me out."
And so then I was talking to Tyson a little bit more about his situation after Will left, which is kind of similar to Tyson's, I said, "Hey, tell him if he listens to all the podcasts, that I'll mentor him if he wants."
So last night, as I was laying there in bed and knowing that I needed to record a podcast today, I had all these ideas of different things that I could talk about on the podcast today, but none of them were really pulling out my heart. And I was thinking "What is on my mind right now? Will is on my mind. The people who represent Will are on my mind"
Those of you who are struggling in life, but you know, there's something more. And you're just not totally sure how to get there. You just need someone telling you that you can get there and maybe helping, giving you a little bit of groundwork or things to think about.
So that's what we're gonna do today. I am basically going to begin to mentor Will and let him know what he should do to get the success in his life that he's looking for.
Today we'll go over the 10-step blueprint to help you gain clarity and help you reach your goals!
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Today's interview is unlike any podcast I've ever done in my life the last couple weeks. We've had, my brother-in-law who is Tara's brother Tyson, staying with us in our guest house and helping us do some repairs and some different things on our house before we sell it. And Tyson's a recovering alcoholic drug addict has been in and out of jail several times for the last few years.
For the past several years. He hasn't even been really a part of our life because we just didn't feel like it was safe with his different things he had going on in relationships. And we just had to totally distance ourself, even though we literally live in the same county, like we're the only family members who live right by each other, but we just couldn't be in contact with him.
Now he's living with us and we see him every day all the time. It's pretty wild how it happened. But anyway, he basically has like nothing, like no money, like starting over from scratch after everything that he is been through. So we've given him a job.
It's a labor job, but I've kind of been talking to him about goals and where he wants to go from here because we're not gonna be here for very long. And even getting paid the amount that he can get paid from a job like this just isn't going to be enough to take care of the needs that he has to be able to see his kids more often and pay child support.
And get back on his feet in the way that he would need just to live a good, normal, healthy life and pay off some debts and stuff. So as I've been talking to him, it just made me think of a lot of people out there. You know, I know this is Millionaire University and the goal is to become financially free and make millions of dollars, but we all start somewhere.
So I thought it might be kind of cool as I'm talking to Tyson and we're working together and working with him, and, you know, I can't take any of the credit when I believe when the student is ready, the teacher will appear and this guy is ready. He's humble, he's, he's a listener, but a lot of the things that I've been talking to him about I thought would be good for you guys to hear.
And I think there's a lot of good takeaways that you can take from the things that we've been talking about. So anyway, I, I asked him, I said, Hey, do you want me to interview you? And he's like, okay, sure. And I thought we would share like two to five minutes of his background just kind of show, Hey, Tyson's kind of hit rock bottom and we're gonna help him on his way.
But this interview just turned into so much more and I just let him talk and I listened. Of course I interjected from time to time, but I just listened. And at first I thought, oh, I like, this is Millionaire University. What does a story about someone who has hit rock bottom and struggled with drugs and alcohol and relationships and gone to prison?
Like, what does that have to do with. Making money in Millionaire University. So I thought about editing it down to like 20 minutes, but I, I just couldn't, I don't know, maybe it is just me cuz he's family, but I just have to believe that there's someone out there who has to hear his story. So I'm just gonna put it all out there.
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I've worked with my husband for 17 years
And we almost got divorced
Here are 9 quick tips for working with your spouse
1. Don't be a dream killer
When my husband came to me with his first idea, we were pregnant & broke. His idea excited & terrified me. But I didn't kill it. I fed it & it changed me, and we've had some crazy success. I know I'm better today because of the risks we took long ago
2. Don't suffer in silence
I never wanted to be a burden to my husband so I stressed in silence. Over time we were distant. Distance became disconnection. Don't be afraid to tell your partner what you love & what terrifies you about the life & business you are creating together.
3. Your sex life is a priority
A sexless marriage & a thriving business aren't that fun. Trust me. You can make all the money in the world, but if there's no intimacy in your marriage, the business just becomes a thing to do. Be intentional & create space for intimacy every day.
4. Tell your partner 5 things you like about them before you critique them
We all work hard. But does our spouse see it? Before you tell them what's bugging you about working with them.Tell them 5 things you appreciate . When we are seen we are more open to feedback.
5. Develop a backbone
When we started our 1st business I was terrified. I had no idea how to run a business. So I leaned on my husband A LOT. If he made a mistake, I got MAD. I was afraid and I blamed him for it. So I developed skills & my own confidence & now we stand together.
6. Find your sweet spot
You are GOOD at something and your partner is GOOD at something . Do you know how to make your differences work together? Opposites attract so learn to use and leverage those differences to create a well-rounded business . It will be magic if you do
7. Let your partner go
If you can't be on your own, you'll struggle being together. If your partner makes you feel bad, then you'll have to control them to feel good. They don't MAKE you feel anything. You are responsible for your own emotions. It's always been you facing you
8. Let them see ALL of you
I used to hide the "ugly" parts of myself thinking my husband would reject me. But I was blocking intimacy. I became robotic. But then I broke and he saw it all. And he accepted it all. I've never felt more loved. And we've never worked better together
9. Love the HECK out of your partner
Your person is alive. Their heart is beating and they are standing in front of you today. That is a miracle in and of itself. Be sure to tell them EVERY DAY what they mean to you . Learn to adore them. And let them adore you back. Running a business with your partner can be the BEST or WORST thing in your life. And it's all about how much you are willing to face yourself. Change you, change your marriage and your business will grow always...
If you have any tips for working with your partner, I'd love to hear them. You can reach me at...Tara@MillionaireUniversity.com
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In today's lesson we talk about the Supremacy of Selling and how understanding this principle is critical to your business growth and success!
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Almost 4 years ago we sold our business to Bill Allen. Bill is an implementing machine and one of the most inspiring action taking people I know.
In this episode of The Millionaire University Podcast, Millionaire Mentor Bill Allen Shares what he believes it takes to be successful in business and in life.
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In today's business lesson, we discuss The Aggregation of Marginal Gains and how understanding and applying this principle will help you explode your business.
The Aggregation of Marginal Gains is a concept that James Clear talks about in the first chapter of his #1 New York Times Best Selling Book, Atomic Habits.
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In today's lesson we talk about the "Most Businesses Fail" Myth and how if you understand this is a myth and why it can help you with your business and financial creation goals!
Let's help get you unstuck so you can keep moving forward!
In today's episode we discuss what we refer to as the hour glass phenomenon. Every business owner goes through it. Big ideas, overwhelm, dead ends, walls and life altering break throughs.
We also give an update on some big life plans, podcast growth plans and how to get traction in your business.
Check it out!
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Serial entrepreneur Derrick Williams shares his business journey of starting multiple businesses and shows just how simple starting a business can be
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In this episode Justin discusses and outlines a plan to go from making $0 to over $100k per month through podcast sponsorships.
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8 businesses you can start tomorrow that can make you 10k+/month.
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It's just one of those days and Justin and Tara aren't sure exactly how they are feeling about their business. They were going to talk about another topic but decided to keep it real and cover a topic that EVERY entrepreneur must go through on their path to success.
We ALL have challenges in our business but the question is how do we react to those challenges..? This is the key to success and happiness in business and life. Not will things happen but how do we respond?
Listen in to be a fly on the wall and get a real raw discussion on what it takes to keep going when you want to quit!
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In this episode, we talk about my favorite business topic, which is automating and scaling your business.
If done correctly, automating and scaling your business can lead to both more money and more time.
And who doesn't want that..?
And if you grow your business, make more money, and have more time, you're going to be able to help more people.
I call this the triple threat of awesomeness.
Okay, I just made that up right now, but let's go with it.
Now...incorrectly automating and scaling, your business can lead to disaster.
You know the saying the bigger they are, the harder they fall.
Well, those guys ditched class on the day of this training.
But not you!
I have 10 automation and scaling gold bombs that I want to share with you.
You Ready..?
Let's dive in!
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Entrepreneurs are brave.
They live in a future that doesn't yet exist...physically.
Your current life, your environment, your bank statement...don't yet show what you're capable of.
And you still move forward, knowing that in the near future, your physical world will catch up to what's in your mind.
We call this the entrepreneurial gap.
And it pulls at you from both sides.
So the question is, where is your mind and how are you managing it?
How are you handling the entrepreneurial gap?
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Sales and marketing are the lifeblood of your business and it only takes one proven sales system to bring your product or service to the world.
This is part of business people typically fear the most.
Yes, it's challenging and yes, you're probably going to want to quit a hundred times.
But if we can help you overcome your fears and hesitancy around sales and marketing, it will change your life forever.
And it will change the lives of the people that you connect with.
You're way bigger than your fears, whether you know it or not.
So let's get that product out to the world!
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I always dreamt of having money growing up.
I was tired of stressing about it.
I just always felt like there just wasn't enough.
I knew once I had money, I'd finally be ok.
But money betrayed me.
Twice.
In this episode, we talk about money. Do we love it, or do we hate it? How has it changed our life?
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2 years ago Brady was working a W-2 and not liking his job.
He wanted more for him and his family but wasn't sure what to do.
We got on a call.
I was quickly able to identify the one thing he needed to focus on, which he did and today he's making a high 6 figure income (on his way to 7) and living his dream life with his family in Costa Rica.
He was excited for a round 2 coaching call where he could ask some more questions about where to go next.
There were a lot of valuable nuggets in this call so we decided to take some parts of that it and turn it into a podcast so you can be a fly on the wall for this coaching session.
Enjoy!
And share this with a friend who needs some help identifying blindspots in their business.
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Baggage.
We all have it.
When I showed up to the very first business we started, I had it.
Obviously, I had no idea I had it, but it was there.
Justin always had so many ideas and was so excited.
When he came to me with those ideas, I was scared first, then excited, then stressed and excited. It was fun at times and so heavy at times.
He rocked my world.
Why was he so different than me?
It wasn't until I realized how differently we were thinking about our business...
And how much that was affecting our business and personal life, to say the least!
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Business ideas are a dime a dozen.
Execution is everything.
I could say that execution is the hard part, but it's really not. Coming up with an execution plan is easy as well. We live in the information age. Everything we could ever want to learn about making money and marketing and selling our product or service is literally at our fingertips.
So if ideas aren't the hard part and coming up with ways to market and sell your product or service aren't the hard part...why is it that not everyone is a deca-millionaire with a thriving business that gives them the financial and life freedom they dream of?
The truth is, our brains have been programmed for survival and are not always the best at helping us get the things we really want. You combine that with the modern-day, instant gratification world we live in, it's no wonder why we struggle to achieve our long-term goals, the things that we truly care about in life.
But our brains are incredibly powerful as well and the modern age we live in can be a huge benefit.
We just need to be aware of what we're dealing with and set up the right system for long-term success!
Bonus: To get an additional 17 Stay on Track Hacks, click here.
For more information go to MillionaireUniversity.com
To get access to our FREE Business Training course go to MillionaireUniversity.com/training.
In this episode, we discuss the 7 phases of a business.
These are the phases that we have used to build multiple seven-figure companies.
Understanding these phases will help you to identify where you're at and where you need to go next.
For more information go to MillionaireUniversity.com
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Sales and marketing. This is where the rubber meets the road baby.
This is EVERYTHING and is what will separate those who are successful...from everyone else.
In this episode, we discuss the 4 things to consider when coming up with your marketing and sales strategy.
It only takes one sales process to bring YOUR product or service to the world.
For more information go to MillionaireUniversity.com
To get access to our FREE Business Training course go to MillionaireUniversity.com/training.
One of the reasons people get hung up on starting a business is that they think they need to have this big, crazy, original idea.
That's just not the case.
There are a million ways to make a million dollars. All you need is one simple idea and you're probably much closer than you think.
In this episode, we cover the six different ways to come up with YOUR big idea.
Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!
For more information go to MillionaireUniversity.com
To get access to our FREE Business Training course go to MillionaireUniversity.com/training.