57. Help! I'm Not Making Any Money In My Business

This lesson is a real-life coaching call I have with a young soon-to-be father named James Metcalf Jr. In episode 37, I spoke with James about starting his own business and he recently reached out to me with some struggles he's been having. We often hear people say "Just take action" but just taking action won't get you the results you want unless it's the right kind of action. In this episode, you'll hear me shoot it on what James needs to do if he wants to succeed with his business. It's one thing to hear me or anyone say "Take effective action" but hearing this coaching call with James might be just the thing to help you better understand what that means and identify where you might need to change something up in your own business. So let's get to it! I also want to thank James for being so vulnerable and letting us record and use this call so that others who are struggling with something similar can also get unstuck, grow their business, and change their lives for the better. 00:00 Introduction to Successful Business Ownership 00:22 Experiencing Bali: A Personal Journey 01:33 Sales and Marketing Insights 02:19 James Metcalf Jr.'s Story: Struggles of a Soon-to-be Father 02:45 The Reality of Starting a Mobile Mechanic Business 03:28 The Importance of Direct Communication and Honesty 04:13 The Struggles of James Metcalf Jr.: A Candid Conversation 09:19 Overcoming the Victim Mindset 11:46 The Power of Sales and Marketing 13:53 The Reality of Starting a Business 16:47 The Importance of Taking Action 20:59 The Power of Persistence in Business 25:08 Final Thoughts on Successful Business Ownership 26:35 Understanding the Fear of Rejection 26:55 The Power of a Positive Mindset 27:24 The Importance of Embracing Rejection 27:41 The Challenges of Starting a Business 28:32 The Power of Taking Action 29:14 The Importance of Setting Goals 31:53 The Power of Networking and Referrals 33:10 The Importance of Persistence in Business 34:28 The Power of Effective Communication 37:01 The Importance of Taking Fast, Effective Action 38:14 The Power of Resilience in Business 38:22 The Importance of Having a Clear Vision 39:00 The Power of Overcoming Fear 44:24 The Importance of Consistency in Business 44:49 Conclusion: The Journey to Success To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices