Burning Money

http://riverside.fm/ (Riverside.fm), the leading tool for podcast and video recordings. Visithttp://riverside.fm/ ( riverside.fm) and use code LUIS to get 15% off a membership plan. In today's episode, I interview a client whose podcast and business have grown consistently simply because of the kind of person he is. His values and integrity are unquestionable. So join me as I welcome Mal Maher into the show. Mal is the CEO of NC Carpet Binding & Equipment and the host of NC Shop Talk.  This episode is not about mistakes but more about the principles for making genuine connections, building a lasting business, and some important stuff you can teach your kids. So if you want to know how you can serve people and build lasting relationships, this episode is for you.  In this episode:  [6:21] Mal walks us through the things he did to grow the family business [11:39] Is building relationships an innate skill, or can that be developed? [13:35] How Mal balances being a husband, father, and business owner [15:26] Mal shares his family's focus on educating and training others about the industry [22:01] Where does Mal spend his time now compared to his early days running the business? [23:55] How to approach people and make genuine connections [27:35] Mal talks about his principle of not tolerating failures and how he instills the same discipline in his kids And so much more!

When was the last time you had a sales call that didn't end as you expected? You thought you could genuinely help the prospect, but they didn't feel the same way. What's worse, you don't really understand why. Unfortunately, salespeople rarely get the opportunity to understand the biggest sales mistakes they're consistently making. So in this episode, I invited my good buddy, David Solano, to go over the critical sales mistakes you should avoid. David owns a 6-figure sales consulting business and travels the world giving training, workshops, and coaching. He has discovered a different path to doing sales calls which he will also share with you. If you want to win in sales, listen up. In this episode:  [6:11] Discover the most expensive mistake salespeople make  [12:54] Are you committing any of these 'fails' [16:41] How much do you believe that your expertise is what your prospect needs [27:51] How David starts each sales call that sets the tone for the conversation

What exactly is SaaS, and how do you start a Saas business? Typically you'll hear SaaS (software as a service) products referred to as “cloud-based” solutions. If you're planning to launch a SaaS business, you have to be able to explain the benefit and combine it with the value proposition of your specific SaaS offer. To talk about launching and scaling this business, we have Francis Wolff, CEO & Co-Founder of https://www.digistore24.com/ (Digistore24) USA, an online sales platform that offers an integrated online store, an affiliate network, all standard payment methods, and accounting, including tax automation. If you're interested in starting a SaaS business, this episode is for you! In this episode:  [02:20] Find out how Francis started on his path to building a successful SaaS business [09:04] Why SaaS is a good business and how do you scale a Saas offer [11:27] How Digistore entered the US market with their USP [14:59] Why you should hire administrative support when growing your business [25:11] How important is getting regular feedback from your affiliates

What makes up a winning post? When it's value-adding, solution-centered, and offers you the opportunity to monetize it. Do you have what it takes to turn your posts into money-generating machines? Brett Kaufman's the man who can make that possible for you! Brett is one of the founders and the Chief Development Officer of By Us Sales Copywriting and a top expert in creating magic through wordplay. Get to know the framework he's shared in his masterclasses for coaches and consultants, teaching how to generate 7-figure revenue through compelling sales copywriting.  In this episode:  [5:04] Learn the difference between a good copy versus content designed for burning money. [6:13] If templates don't work, then what does?  [8:17] Discover the 5-part foolproof framework for creating a winning copy and how to leverage the “messing-up” stage to create the framework that works for you. [12:47] Avoid doomsday selling. Revamp your ancient contents to match the requirements of the changing market. 

Are you selling yourself short just because you want to save on cost? If you are currently in limbo trying to decide whether you need an EA or a manager to help you in the operations side of the business, this episode is spot on, and just right on time! One of our consulting clients, Maria Sparagis, shares why holding back from hiring more people is not just burning your money but is also keeping your business from scaling. Maria is the founder of Direct Paynet, a payments firm that caters to high-risk marketers who need help with payment processing and direct response. She's been in the direct response marketing space for 11 years. Her rich experience, particularly when it comes to growing and scaling a business, is what I intend to squeeze out from this interview so you won't make the same mistake of burning a 7-figure revenue.  In this episode: [2:10] A 7-figure worth of hiring mistake and a lesson for a lifetime!  [3:57] Why business owners hold back from hiring enough manpower who can help make their businesses run more efficiently.  [9:03] Horror stories you need to hear, from hiring pitfalls to managing a difficult employee. [11:54] Valuable tips on what to look out for when hiring EAs, managers, bookkeepers, etc., the best way to source them out, and where! 

If you are running a business and don´t have solid contracts put in place, a good tax strategy, or a good CPA, then you can lose 100´s thousands /or even millions) with client work going bad or problems with your employees. In today´s episode, I´m going to talk with my friend Alex Quinn that´s going to share with us how he has been doing this for himself to this day. This episode is great for whatever business are you running at the moment (freelancing, agency, etc), this was even a wake-up call for me since I didn´t have a lot of these things in place for me! In this episode: - Alex talks about the main areas that people should look at to keep you safe - The importance of hiring a good CPA, and why thinking about it in long term is so critical for your business - What to do if you are producing content such as video, photos, and designs - Why trademarks are so important and how they can save you millions And much more... Connect with Alex Quin: - Website: https://www.alexquin.com/ - Instagram: https://www.instagram.com/alexquin/ - Podcast: https://www.hustleinspireshustle.com/podcast

If you are a coach that is doing 1-1 type of service, taking by the hand each and every client, that's great! But I bet that is really difficult to scale and to keep it steady. It might be time to transition into a more scalable type of offer. In today´s episode, I´m going to talk with Lucas Garvin, and he is going to share with us the main roadblocks that he sees in his clients every time. How he scales coaching businesses using evergreen hyper coaching offers to scale them fast and in a way that they can impact more people as well as getting them awesome results. In this episode: - The 2 biggest mistakes that Lucas learn the most from (that almost all his clients have too) - Why high-level milestones or frameworks are more important than having a “perfect plan for everything” to scaling and achieving results faster - How trusting your own process and leveraging it will make you grow faster and impact more people - When is the best time to transition into a hyper coaching offer? Resources: - Productize Your Genius - https://go.thoughtleadersinstitute.com/productize Connect with Lucas Garvin: - Website - https://thoughtleadersinstitute.com/ Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/?hl=en (https://www.instagram.com/luisryandiaz/) - Facebook- https://www.facebook.com/luisryan4 (https://www.facebook.com/luisryan4)

If you ever have charged low ticket so you can gain experience and basically take every client that you can get no matter what then the next step is to stop doing that and go only for the BEST people. In today´s episode I´m going to be talking with Brandy Kinnear, she is a Marketing consultant veteran that has to be in the game for 14 years. She is going to share with us how to find that one offer that you love to deliver and love to sell, and being crystal clear on who is a fit to work with you so you can deliver amazing results for them! In this episode: - Brandy shares how she started her journey as a newbie taking a clinic to 7 figures in 2 years (learning on the fly) - What´s the best way to go about hiring new people when you are scaling (most people are afraid of doing this one) - How saying “NO” to the wrong clients is critical for being able to deliver great results and scale faster - One of the best questions to qualify prospects that you have to have in your toolbox Resources:

You wouldn't think that my two financial savvy guests have burned money and one is still burning money. Yes, you heard it right. Russ Morgan and Joey Mure, the founders of Wealth Without Wall Street, did. It's ironic that they have been teaching their clients how to gain financial freedom and yet Joey was taken for a ride by flying unicorns and both of them got duped by Ponzi Schemes.  Hear their stories and the lessons learned from their costly mistakes. In this episode: - Learn to be a better entrepreneur - Keep tabs on your business and investments - Burn less money! - Understand the cycle of pyramid schemes Resources: https://www.wealthwithoutwallstreet.com/community (Investor DNA Course) https://www.wealthwithoutwallstreet.com/scorecard (Financial Scorecard) https://100unicorns.com/ (In case you want to find out more about unicorn stuff) Connect with John Morgan and Joey Mure: https://www.wealthwithoutwallstreet.com/ (Website) https://www.wealthwithoutwallstreet.com/podcast (Podcast) Connect with Luis: Website - https://www.podcastdomination.co/ Instagram- https://www.instagram.com/luisryandiaz/ Facebook- https://www.facebook.com/luisryan4

Going to events for two straight years wearing the hat of a student has cost Eric Sablan a hefty sum of around $100K. He was not getting an ROI on his investments and if you compute that to 1% the people attending those events which he could have turned into clients and 1 JV, that's even more huge. In this episode of Burning Money, you will hear from Eric of Burnt Phone Marketers podcast, his burning money mistakes and the new strategies he now carries out when going to events. In this episode: - Eric's burning money mistakes in attending events for two straight years. - What's his new strategy when he goes to events now?  - How does he make use of the Many Chats app? - In putting numbers to how much Eric lost, how much would that be? - Additional advice on how to make work, work. Resources: - Eric Sablan's coaching program: https://www.clevermoneymarketers.com (https://www.clevermoneymarketers.com) Connect with Eric: Podcast:  Burnt Phone Marketing Radio https://www.burntphonemarketing.com/ (https://www.burntphonemarketing.com/) Website: https://www.ericsablan.com/ (https://www.ericsablan.com/) Connect with Luis: Website - https://www.podcastdomination.co/ Instagram- https://www.instagram.com/luisryandiaz/?hl=en (https://www.instagram.com/luisryandiaz/) Facebook- https://www.facebook.com/luisryan4 (https://www.facebook.com/luisryan4)

Sometimes it will take you years to realize that what you have been looking for is - YOU. Such was the realization of our guest in today's episode of Burning Money, John Whiting. When you rely on someone's call instead of your own judgement and realize that your results still suck, that's a cause for thoughts of ending everything. But John did not, he chose to fix himself and become a bulletproof CEO. Take your foot off the brake and let's hit it.   Enjoy listening! In this episode: - How did John get to that point of creating the bullet proof entrepreneur program, what was his journey? - What's the biggest entrepreneurial mental mistakes John made on a recurring basis before his realization? - What does it look like after the realization, what has it allowed John to do and what he stopped doing? - John's thoughtful answer to the question of - “What's the dollar amount of the mistake he'd saved had he learned from it earlier?  Resources: - Get John's FREE 1-Hour Masterclass - https://www.whitingsolutions.com/p/the-bulletproof-mind (https://www.whitingsolutions.com/p/the-bulletproof-mind) Connect with John Whiting: - Website: https://www.whitingsolutions.com/ (https://www.whitingsolutions.com/) - Instagram: @bulletproof.john - YouTube: John Whiting - Bulletproof Entrepreneur - https://www.youtube.com/channel/UC5dI8D9kHWgggHZIb_nBLUg (https://www.youtube.com/channel/UC5dI8D9kHWgggHZIb_nBLUg) - Facebook Group: https://www.facebook.com/groups/7figuremindsetsecrets (https://www.facebook.com/groups/7figuremindsetsecrets) Connect with Luis: - Website- https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/?hl=en (https://www.instagram.com/luisryandiaz/) - Facebook- https://www.facebook.com/luisryan4 (https://www.facebook.com/luisryan4)

As entrepreneurs, we are sometimes sidetracked when we become very ambitious and we spread ourselves too thin. We take numerous projects simultaneously and we forget to focus on one major initiative. Alongside that, we hire too aggressively and before we know it, we are on the deficit. We forget that revenue doesn't scale the same way as your expenses. Listen to the experience of Thanh Pham from Asian Efficiency on the biggest mistake he made while scaling up.  In this episode: - Thanh Pham's background and how he tried his hands in different industries after dropping out of college and finally founding Asian Efficiency. - The one mistake Thanh made in 2015 that in spite of being their best year, their profit was a deficit..  - The two things that Thanh could have done differently in 2015. - How does Thanh tackle planning for big projects? - Other tips Thanh offers especially if you are early on in the business. - What is the cadence of Thanh's thinking time? Resources: Scaling Up Framework: https://scalingup.com/ (https://scalingup.com/) Connect with Thanh Pham: - Website: https://www.asianefficiency.com/ (https://www.asianefficiency.com/) - Podcast - The Productivity Show:  https://www.asianefficiency.com/our-podcast/ (https://www.asianefficiency.com/our-podcast/) Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook - https://www.facebook.com/luisryan4

Sometimes the costliest mistakes cannot be quantified in monetary terms. For Chris Daigle, known to many as Doctor Daigle, money comes and goes, but TIME just goes. Many fall into the shiny object syndrome and so does Chris. Hear how Chris navigates the different lanes that his many talents can accommodate which eventually became the seed to the mistake that costs him so much. Lots of nuggets here, especially on how he was able to pull through that mistake and double his revenue. Let's dive in, enjoy!   In this episode: - What was the mistake that costs Chris a career's worth?  - Why does he consider TIME as a precious capital - How he managed to stay in his lane in the direct response digital for 20 years - What operating system does Chris use now in his business - What is the first system a business needs to have? - How often does Chris set a plan for his business? Resources: - Book - Traction: Get a Grip on Your Business by Gino Wickman -https://www.tonyrobbins.com/pdfs/Workbook-Time-of-your-Life.pdf ( Toni Robbins' RPM (Rapid Planning Method)) Connect with Chris Daigle: - Website: https://chrisdaigle.com/ (https://chrisdaigle.com/) - LinkedIn: https://www.linkedin.com/in/doctordaigle/ (https://www.linkedin.com/in/doctordaigle/) - Facebook: https://www.facebook.com/doctordaigle (https://www.facebook.com/doctordaigle) Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook - https://www.facebook.com/luisryan4

It takes a lot of mistakes to make it as an entrepreneur. Ryan Luke from the 7 Figure Property Empire is proof that you can't just have money and expect success without making any costly errors in business, such as when he got into Airbnb space with hardly any knowledge about the industry and how things work. In this episode: - Background of Ryan Luke and why he got into the Airbnb space? - The expensive mistakes while building his 7 Figure Property Empire.  - What are some of the things that people need to look out for, especially if they are new in Airbnb? - What has Covid done for the business and how he was able to manage to stay afloat? - Specific advice for someone getting started in the Airbnb space. Connect with Ryan Luke: - Website: https://www.officialryanluke.com/ - Facebook: https://www.facebook.com/officialryanluke - FB groups: 7-Figure Property Empire https://www.facebook.com/groups/7figurepropertyempire/ - The Airbnb Formula https://www.facebook.com/theairbnbformula/ Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook - https://www.facebook.com/luisryan4

Do you find yourself chasing after your clients, allowing them to push you around or accepting any special request or custom orders even though it will jeopardize your timeline? You want to say NO but compulsively you say YES. For Abraham Heisler, this is the biggest mistake he repeatedly finds among his clients and this is called the ‘Shoe Shine Syndrome' because they are always giving away their power by saying yes when in reality they should be using that moment as a chance for taking back control of what needs done on time. Abraham Heisler, is a Mindset and Performance Coach who helps business professionals reduce stress and increase productivity through leveraging FLOW STATES. Abraham has spent the last 20 years researching the connection between mind, body and business and has helped over 100 entrepreneurs increase their income and impact by accessing more of their potential. Influences on Abraham's work include ontological coaching, neuro-linguistic programming, gestalt therapy, group facilitation, co-active coaching, and 15 years as an award-winning filmmaker. One of the most powerful tools Abraham uses with clients is breathwork - an active breathing technique that wipes away fear and anxiety while cultivating a sense of certainty. This phenomenon, which works with your own biology is called transient hypofrontality. In this episode: - Biggest Mental Blocks or mistakes  that Abraham finds not only from new entrepreneurs but also from successful ones. - What is the solution or process to address these deep psychological issues? (...What is the Reverse Copernican Shift?)  - What does a deep work process look like and what are some of the tools being used?  - What is the first step a person must take when he is into the Shoe Shine Syndrome? Resources: - Breathwork Training: https://www.heislercoaching.com/copy-of-breathwork-training Connect with Abraham Heisler: - Website: https://www.heislercoaching.com - Join Clubhouse: https://www.joinclubhouse.com/event/Pv8LlyB7 - Instagram: @abeheisler - Facebook: https://www.facebook.com/abe.heisler Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook - https://www.facebook.com/luisryan4

Imagine yourself thinking of a business that will be awesome, something broad that will do everything like a Swiss knife, then launch it half baked. Selling a product even before you create it is very risky, but luckily for Tom Gaddis, he was able to find some way to pivot,  readjust and turn it to some sort of success.  In this episode of Burning Money, hear how Tom was able to recognize such mistakes and the valuable take-aways from such. As Tom said, “Never let failures get into your head.” In this episode: - Know Tom Gaddi's background and what he does helping small businesses scale. - The biggest mistake that he and partner Nick made in their first launch. - The mistake that turned into an asset …(What they decided to do eventually?) - Looking back, what were the red flags that they should have taken notice of, but did not?  - Their key take-aways into that expensive mistake. Connect with Tom Gaddis: - https://tomgaddis.com/ (What's the Secret?) - https://offlinesharks.com/ (Website) Connect with Luis: - Website - https://www.podcastdomination.co/ (https://www.podcastdomination.co/) - Instagram - https://www.instagram.com/luisryandiaz/?hl=en (https://www.instagram.com/luisryandiaz/) - Facebook - https://www.facebook.com/luisryan4 (https://www.facebook.com/luisryan4)

Chris Guerriero as an entrepreneur has vast experience in growing teams, culture, and business systems that yield multi-million-dollar companies, but also had his share of expensive mistakes. In this episode of Burning Money, Chris will share why he thinks hiring the wrong people is his most expensive mistake, the lessons learned from it and what measures he has implemented in order not to repeat such mistakes.   In this episode: - The inspiring background of Chris' entrepreneurial journey. - The most expensive mistake that has made a profound impact on the slow down of Chris' growth. - The story behind one of the wrong hires and two things why he thinks that it is always his fault.  - The lessons learned and what did he implement in the hiring process to filter applicants. - New processes that he has adopted for the hiring process during the pandemic. Resources: - Maximize Your Metabolism: Double Your Metabolism in Thirty Days or Less - Topgrading (How To Hire, Coach and Keep A Players) by Brad Smart Connect with Chris Guerriero: - Website: https://chrisguerriero.com/ - YouTube: https://www.youtube.com/channel/UC08IA_CVgpA2dwTNB3mnw9A - Instagram: https://www.instagram.com/chrisguerriero_/ Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram - https://www.instagram.com/luisryandiaz/?hl=en (https://www.instagram.com/luisryandiaz/) - Facebook- https://www.facebook.com/luisryan4 (https://www.facebook.com/luisryan4)

In this episode, we have Stefan Georgi to share his story of his biggest business blunder that has cost him millions. Stefan is a direct response copywriter whose words have grossed over $700MM and he is the co-founder of Copy Accelerator, a high end copywriting mastermind whose 170 members generate over 1.5 billion dollars in annual sales. Who would think that someone in his stature can make a big business decision that has gone wrong? Small or big businesses make mistakes one way or another, so jump on in, listen  and learn. In this episode: - Stefan's background in the copywriting space. - The story of Stefan's one mistake that has cost him the most and the valuable lessons learned from it. - One thing that Stefan would have told himself or would have done otherwise, going into that company that would have prevented him from making that mistake. Resources: - Podcast: Road to a Billion Weekly Show: https://www.stefanpaulgeorgi.com/podcast/ (https://www.stefanpaulgeorgi.com/podcast/) Connect with Stefan Georgi: - Website: https://www.stefanpaulgeorgi.com/ - Apply to be on Stefan Georgi's personal email list through: https://stefangeorgi.typeform.com/to/BUSfxr Connect with Luis: - Website- https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook- https://www.facebook.com/luisryan4

As business owners, you will often commit mistakes when trying to scale. A common perspective into scaling means growing up your team and hiring for several job positions. It can be a very expensive decision when job positions become too much for what is really needed in the business.  There is nothing wrong with staying small when it can give you better leverage into profitability. For Joel Erway, this was the biggest and most expensive business decision that caused his company to almost sink. However, if it were not for that mistake, he wouldn't be able to find his true calling. FInd out more on how he was able to pivot and scale his business to something he enjoys at the same time.  In this episode: - Joel Erway's background and how he helps people craft their offers that resonate with their audience. - The big mistake and lessons learned from it.   - How giving up a couple of his projects and allowing for partnership allowed him to take more capacity - How to turn a competitor into a partner - There are other ways to leverage offers vs just giving people a DIY course which ultimately will not do them good in the end. Connect with Joel Erway: - Website: Website: https://www.joelerway.com/ - Sold with Webinars - https://www.joelerway.com/sold-with-webinars-podcast/ - Experts Unleashed - https://www.joelerway.com/experts-unleashed-podcast/ Connect with Luis: - Website- https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook- https://www.facebook.com/luisryan4

There are some business mistakes that cannot be quantified in terms of money lost. Such was the experience of our guest in this episode of Burning Money, Dave Ruel, who not only burned money but got burned out, he had to sell his shares in the company he helped to scale. Today, he helps entrepreneurs to become better business leaders and sustain steady growth through a methodology he created through his company Effic. He is also the author of the best selling book, “Done by Noon: How to Achieve More by Noon Than Other Entrepreneurs In a Full Day”, which tackles how business owners can veer away from becoming workaholics and from getting sucked into the dark side of entrepreneurship. Enjoy listening! In this episode: - The background of Dave Ruel, a former competitive physique athlete turned serial entrepreneur, author, speaker, and leadership mentor.  - Why do most entrepreneurs become drifters?  - Story behind the three businesses that Dave is running at the same time and why the 2nd and the 3rd business were a mistake? - Why is scaling growth not 'the style' for Dave Ruel - Learn the methodologies into the four types of tasks so you won't become a drifter Resources: - “Built to Sell: Creating a Business That Can Thrive Without You” by John Warrillow - Get your free copy of the book, Done By Noon: https://www.donebynoonbook.com/ Connect with Dave Ruel: - Website: https://www.effic.co/ Connect with Luis: - Website- https://www.podcastdomination.co - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook- https://www.facebook.com/luisryan4

Our guest in this episode of Burning Money podcast has made every copywriting mistake under the sun to figure out what does (& doesn't) work. The biggest and costly mistake which cost him a year's worth of his salary was around the creative process. We have Clay Manley with us today and he will share how an oversight in the protocols cost him that much while working on a project for one of the biggest pet retailers in the world. Where did he go wrong? Listen up and learn from his mistake. In this episode: - How Clay ended up doing what he's doing now as an A-list sales copywriter for big brand narrator & creative consultant.  - The mistake that cost him a year's worth of his salary. - How long does it take for a creative process to work out  - Why is it important to do intensive research and look out for what's already out in the market Connect with Clay Manley: - Instagram: @clay.manley - Facebook: https://www.facebook.com/profile.php?id=6853281 (https://www.facebook.com/profile.php?id=6853281) Connect with Luis: - Website- https://www.podcastdomination.co/ -Instagram- https://www.instagram.com/luisryandiaz/ - Facebook- https://www.facebook.com/luisryan4

Sometimes when you embark on a new project and everything looks good but you have a gut feeling that you'll lose every penny you have, you need to stop and address it right there, no matter how slight the gut feel was. This was not what our guest in today's episode of Burning Money did. He went through it still because he felt he needed to get started and whatever the outcome will be, he will learn from it anyway. At the end of the day, he still won because he kept moving back up. Our guest, Chris Baden  lost $125.00 from a deal and on another, more than $700,000 in their software company, but for him it's not the amount of money that was lost. Listen on and know why Chris thinks losing both amounts of money does not differ in the deeper context of it all. Great take-aways on this episode, enjoy listening! In this episode: - What is that core skill that has changed his life? - Key takeaway from the biggest mistake while scaling up - Why is it important to put everything on paper - A quick story where Chris lost over $700,000 in their software company. - Why is it important to know where the money is coming from, where it is going, and who gets it, before you start on your entrepreneurial journey? - Conviction vs Convincing, which is better as a sales pitch? - It's not the amount of money that was lost because the experience, the thinking, the emotions, the principles are not any different from losing a small amount or a big amount. Resources: - The Book that was mentioned in the interview:   Real Artist Don't Starve: Timeless Strategies for Thriving in the New Creative Age by Jeff Goins  Connect with Chris Baden: - Facebook: https://www.facebook.com/chris.baden.55 - Facebook Group: https://www.facebook.com/groups/SalesAscendersInnerCircle Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram - https://www.instagram.com/luisryandiaz/ - Facebook - https://www.facebook.com/luisryan4

Scaling a brick and mortar gym business to 20 locations is a feat that any business owner can be proud of. Bob Thompson, our guest today said he makes mistakes on a daily basis. He will share with us not one but two expensive mistakes he made while making his business grow, to the point that he almost shut it down right after he opened his second location. In this episode: - How Bob Thompson started the Legion Transformation Center - The first of the two mistakes - Not having the right people in the right seats. - How was he able to find the integrator person that he needs in his business  - The second mistake - Learn why you should not fear sharing your numbers and the advantages of sharing it to your team Resources: - Rocket Fuel: The One Essential Combination That Will Get You More of What You Want from Your Business by Gino Whitman Connect with Bob Thompson: - Facebook: https://www.facebook.com/bob.thompson.1232 - Instagram: @iambobthompson Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram - https://www.instagram.com/luisryandiaz/ - Facebook - https://www.facebook.com/luisryan4

In this episode, we have Lucas Rubix,  to give his insights on how to weed out what is not important, the value of your time and so much more. Lucas has been helping people to turn their expertise, their knowledge, experience and their story into a profitable online coaching business.  Enjoy listening! In this episode: - Lucas background in the coaching side of sales and marketing.  - The one mistake that has cost Lucas the most and what has he learned from it. - What are the things that Lucas have to cut out and what marketing activities did you say no to? - Great tips and strategies to save on your time. - The essence of self worth and the importance of saying no.  Connect with Lucas Rubix: - Website: https://lucasrubix.com/ - YouTube: https://www.youtube.com/lucasrubix - Facebook: https://www.facebook.com/lucas.rubkiewicz Connect with Luis: - Website - https://www.podcastdomination.co/ - Instagram- https://www.instagram.com/luisryandiaz/ - Facebook- https://www.facebook.com/luisryan4

Burning Money is for business owners and entrepreneurs who want to know what mistakes NOT to make in marketing, sales, operations and finance. Each episode shares one mistake, plus the take aways and real world advice on how to overcome it and save yourself ten and hundreds of thousands of dollars.  This a bi monthly show so expect two episodes per month from us all about how not make costly mistakes. The guests are hard to reach and hard to contact entrepreneurs who have learned from their mistakes and gone on to do make millions because of it.  Subscribe to the only show that will save you at least S10,000 per episode!