Tag: entrepreneurship

Specialists Work for Generalists

Starting your own company often means wearing many hats and mastering a wide array of skills. When I founded my first business, a gym, I had to be adept at various tasks from entering daily sales to ensuring a clean and welcoming environment for my clients. While I considered myself an A-level trainer, my skills in other areas, like bookkeeping and cleaning, were decidedly less polished. I quickly learned that entrepreneurship demands generalist abilities—you can’t just be an expert at your service, whether it’s personal training, hair styling, or driving a cab; you need to have a competent understanding of all aspects of the business.

However, as the business expands and staff are brought on board, a shift occurs. You’re no longer looking for jack-of-all-trades. Instead, you seek out specialists—individuals who excel in a singular field. This is evident in any large company, where specialists are often employed by generalists. The key is understanding when to bring in these specialists to fill roles you are less adept at handling.

Episode 40: Steven McCoy

“I believe entrepreneurship and business development are key for Indigenous individuals, like myself, and communities, to escape situations of poverty and become sustainable, independent and positive contributors to the overall greater good while reclaiming our economic independence within the local,

4 Skills Every Mentor Needs

I own the largest mentorship practice in the world for gym owners. There are over 900 gyms currently in the program, each with their own 1:1 mentor. The mentors are trained, drilled, tested and taught nonstop. They’re quizzed on our

Gaps, Gains and Gratitude

Entrepreneurs spend most of their time looking for the next problem to solve. They live in “the gap”.
This is often good for business, but bad for the entrepreneur.
Here’s how to build the habit of living in “The Gain”.

What Is “Thief Phase”?

In my book “Founder, Farmer, Tinker, Thief”, I broke the entrepreneurial journey down into four phases. In the Founder Phase, the entrepreneur is wearing all the hats. They’re bootstrapping, staying up late, building and testing products, learning to sell, opening

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