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    10 Things I've Learned In Business

    enNovember 15, 2019
    What was the main topic of the podcast episode?
    Summarise the key points discussed in the episode?
    Were there any notable quotes or insights from the speakers?
    Which popular books were mentioned in this episode?
    Were there any points particularly controversial or thought-provoking discussed in the episode?
    Were any current events or trending topics addressed in the episode?

    About this Episode

    We start this episode with a number of stores I visited just yesterday in downtown Kernersville, NC. We encourage you all to shop local and find your friends and family unique gifts they can't buy at Walmart or any other chain. Then we dive into some updates and the top 10 business secrets to help you launch your dream.

    10 Things I’ve Learned In Business

    • 1. Extreme Ownership. As owner of the business, as leader of the business, CEO whatever you call yourself, you are 100% responsible for the outcome. Even if you employee 10, 100, or 1,000 people. If there is miscommunication leading to failure, that miscommunication is your fault. No excuses. Just accept your responsibility.
    • 2. Have a plan. He who fails to plan, plans to fail. Have a plan for your company name, brand, tax filing status, registration of your business name, logos, etc. You don’t have to go over in depth with your plan but you need to plan the most important details. Your why, the solution you are proposing for the problem you have faced, the value you plan to give, how you plan to make money, who your target audience is, and how you plan to facilitate getting your value out to your target audience.
    • 3. Keep your business funds separate from your personal funds. Two separate checking accounts. It’s easier to track. Download apps like every dollar, quickbooks, and other apps to help you track expenses and mileage, etc.
    • 4.Don’t let fear of failure cost you everything. Don’t take away opportunities to grow yourself and your business because you are afraid of failure. The only way to gain new opportunities and to grow is to say yes to new experiences, things that scare you, and stuff that places you way the hell outside of your comfort zone.
    • 5. Failure is a good thing. We have grown up believing the exact opposite because that’s what we have been taught, that failure is bad. Failure is how we learn. You actually want to fail, hard, fast, and a lot while you are young so you can have the wisdom and experience to develop and scale your business as you get older. Take those risks while you’re young and have time to recover.
    • 6. “Never invest in a business you can’t understand. In business, if it sounds too good to be true, it usually is” - Warren Buffett
    • 7. If you have problems in your personal life prior to starting a business, those problems will be amplified upon launching a business. I.E. if you are experiencing marital problems before, they’re not going to get any better by adding more stress of owning a business. You have to invest in personal growth before and during the process of owning and running a business.
    • 8. Always know how to do every facet of your business. Be capable of understanding every single detail of daily operations. That doesn’t mean do everything yourself. In fact, just the opposite. If you have the financial means, hire someone to do what you don’t have time to. But be familiar enough with how to do their job that you are not left in a pinch if they quit or you have to fire them. “You can’t make a good deal with a bad person” - Warren Buffett. Be worthy of the deals you make.
    • 9. “Losing some money is an inevitable part of investing and there is nothing you can do to prevent it.” - Warren Buffett
    • 10. Have patience. Building something of value takes time and takes patience. “No matter how great the talent of efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.

    Books to read

    • Extreme Ownership - Jocko Willink and Leif Babin
    • My Warren Buffett Bible - Robert L Bloch
    • 80/20 Principle - Richard Koch
    • The effective Executive - Peter F Drucker
    • Ready, Fire, Aim - Michael Masterson
    • Good To Great - Jim Collins
    • The Lean Startup - Eric Ries
    • The 4 Hour Workweek - Tim Ferris
    • Originals - Adam Grant
    • Start with Why - Simon Sinek
    • The Hard Thing About Hard Things - Ben Horowitz
    • Crushing It - Gary Veynerchuk

     

    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    [Fitbod](https://app.fitbod.me/subscribe?code=MEGAN25) - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
    -OR-
    Use this link and type in our Promo Code MEGAN25 to get 25% off the premium app version today!

    Blinkist - Sick and tired of not having enough time to read? Do you frequently see tons of bestsellers out that you want to read but know in your heart you can't make time to read? Your solution is here! Blinkist actually takes one page summaries of these books and compiles them into a "blink" to send to you every day! With over 3,000 titles in their database, what are you waiting for?! Download the app today and try it for a FULL 24 HOURS for FREE! Be sure to use our link!

     

    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast): https://www.facebook.com/The-Megan-James-Show-2336167713274705/
    Facebook (Coaching): https://www.facebook.com/LegacyLifestyleCoaching/
    Instagram: https://www.instagram.com/legacy_lifestyle_coaching/
    Twitter: https://twitter.com/meglojay161
    Our Youtube Account: https://www.youtube.com/user/meggg16190/
    Our Website: www.legacy-lifestyle.com
    Our Patreon Account: https://www.patreon.com/MeganJames

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    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    Fitbod - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
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    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast)
    Facebook (Coaching)
    Instagram
    Twitter
    Our Youtube Account
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    We hope you have enjoyed this 5 part series! Please give us feedback on what you liked, didn't like, or what you want to see more of. We are so excited and blessed to have such a loyal and loving audience. You guys are the real MVPs!

    Also! Don't feel like taking notes?? No problem!! Check out our Patreon account! We have multiple PDFs, worksheets, quizzes, and even quotes to go along with today's episode. Make the most of each of these podcasts by supplementing them with the resources found on our Patreon, available to members only!!

    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    Fitbod - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
    -OR-
    Use this link and type in our Promo Code MEGAN25 to get 25% off the premium app version today!

    Blinkist - Sick and tired of not having enough time to read? Do you frequently see tons of bestsellers out that you want to read but know in your heart you can't make time to read? Your solution is here! Blinkist actually takes one page summaries of these books and compiles them into a "blink" to send to you every day! With over 3,000 titles in their database, what are you waiting for?! Download the app today and try it for a FULL 24 HOURS for FREE! Be sure to use our link!

     

    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast)
    Facebook (Coaching)
    Instagram
    Twitter
    Our Youtube Account
    Our Website
    Our Patreon Account

    Mastering Your Relationship: Part 4 of 5

    Mastering Your Relationship: Part 4 of 5

    This week's episode is part 4 of a 5 part series!! We did some research, ran the analytics, and asked you guys what you wanted to hear more of from us. Well, the verdict is in, you guys wanted to hear more about relationships, intimacy, and building a strong foundation with your partner.

    In this episode we cover our fourth set of 6 more foundations that build a strong, healthy relationship. First, we discuss the difficult but completely necessary, asking for what you want. We know this step isn't easy for everyone which is why we have listed several methods to help you ask for what you want! Second, we discuss something vital to living your daily life as well as maintaining a healthy relationship: always being you. It may not be obvious at first that you have been adapting yourself to fit your partner's needs which is why we go over a questionnaire for you to fill out and decide for yourself if you are too busy being someone else to be your real self.

    Then, we will discuss knowing your boundaries. We go over some signs of weak or missing boundaries and walk through a brief exercise on building stronger boundaries. We also discuss responsibility and how vital it is to a working relationship. We talk about how to strengthen your levels of responsibility and the different ways of handling the issue of irresponsibility in a relationship. We discuss it from both the stand point of you being the irresponsible party and also from your partner being the irresponsible party and how to handle each circumstance. 

    We also discuss the green-eyed monster: jealousy. So many relationships suffer or end because of jealousy. We discuss how to get to the root of the cause of jealousy and then combat the issue itself. Finally, we talk about being slow and sure in your relationship. Not getting too caught up too fast when first starting out, or rushing into marriage or into having kids before you're ready, etc. We also talk about when you should commit to a relationship and when you should NOT commit to a relationship. In each of these discussions we offer advice, tips, and tricks to grow closer to your partner through these vital 6 steps.

    Get ready to take notes, we discuss exercises, tips, lists of ideas, and stories that may help you with where you are in your relationship right now. Even if you think your relationship is the strongest it has ever been, this podcast may help you build and even stronger relationship with your partner.

    Don't feel like taking notes?? No problem!! Check out our Patreon account! We have multiple PDFs, worksheets, quizzes, and even quotes to go along with today's episode. Make the most of each of these podcasts by supplementing them with the resources found on our Patreon, available to members only!!

    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    Fitbod - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
    -OR-
    Use this link and type in our Promo Code MEGAN25 to get 25% off the premium app version today!

    Blinkist - Sick and tired of not having enough time to read? Do you frequently see tons of bestsellers out that you want to read but know in your heart you can't make time to read? Your solution is here! Blinkist actually takes one page summaries of these books and compiles them into a "blink" to send to you every day! With over 3,000 titles in their database, what are you waiting for?! Download the app today and try it for a FULL 24 HOURS for FREE! Be sure to use our link!

     

    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast)
    Facebook (Coaching)
    Instagram
    Twitter
    Our Youtube Account
    Our Website
    Our Patreon Account

    Mastering Your Relationship: Part 3 of 5

    Mastering Your Relationship: Part 3 of 5

    This week's episode is part 3 of a 5 part series!! We did some research, ran the analytics, and asked you guys what you wanted to hear more of from us. Well, the verdict is in, you guys wanted to hear more about relationships, intimacy, and building a strong foundation with your partner.

    In this episode we cover our third set of 6 foundations of building a strong, healthy relationship. First, we discuss the infamous Friendzone, or rather, how to keep your friends in the Friendzone and out of the Relationshipzone by setting appropriate boundaries. We discuss how to balance your friendships with your relationships and how to prioritize them. Second, we discuss how to balance family with your relationship and how to set boundaries with your family as well. Next we move on to discussing the vital roles trust and appreciation play in your relationship. We will give you a few exercises and ideas to help you be more appreciative of your partner. 

    Then, we will discuss the tough stuff, finances. Money matters and so does the way you approach money issues in your relationship. We give you awesome exercises and ideas to help make your budgeting and financial awareness a breeze. Finally, we will discuss how being selfish and taking care of yourself is one of the best things you can do in your relationship. We will go over advice, tips, and tricks to grow closer to your partner through these vital 6 steps.

    Get ready to take notes, we discuss exercises, tips, lists of ideas, and stories that may help you with where you are in your relationship right now. Even if you think your relationship is the strongest it has ever been, this podcast may help you build and even stronger relationship with your partner.

    Don't feel like taking notes?? No problem!! Check out our Patreon account! We have multiple PDFs, worksheets, quizzes, and even quotes to go along with today's episode. Make the most of each of these podcasts by supplementing them with the resources found on our Patreon, available to members only!

    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    Fitbod - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
    -OR-
    Use this link and type in our Promo Code MEGAN25 to get 25% off the premium app version today!

    Blinkist - Sick and tired of not having enough time to read? Do you frequently see tons of bestsellers out that you want to read but know in your heart you can't make time to read? Your solution is here! Blinkist actually takes one page summaries of these books and compiles them into a "blink" to send to you every day! With over 3,000 titles in their database, what are you waiting for?! Download the app today and try it for a FULL 24 HOURS for FREE! Be sure to use our link!

     

    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast)
    Facebook (Coaching)
    Instagram
    Twitter
    Our Youtube Account
    Our Website
    Our Patreon Account

    Mastering Your Relationship: Part 2 of 5

    Mastering Your Relationship: Part 2 of 5

    This week's episode is part 2 of a 5 part series!! We did some research, ran the analytics, and asked you guys what you wanted to hear more of from us. Well, the verdict is in, you guys wanted to hear more about relationships, intimacy, and building a strong foundation with your partner.

    In this episode we cover our second set of 6 foundations of building a strong, healthy relationship. First we discuss the good, the bad, and the arguments. When you are okay to argue and when you should worry. We then discuss the importance of letting go and some techniques that can help you let go. We go over the necessary skills it takes to make a relationship work, like negotiating skills. We talk laughter, anger, and my personal favorite: sex. That's right, we get juicy in this episode and discuss the vital things you need to know to have a happy and satisfied sex life. We will go over advice, tips, and tricks to grow closer to your partner through these vital 6 steps.

    Get ready to take notes, we discuss exercises, tips, lists of ideas, and stories that may help you with where you are in your relationship right now. Even if you think your relationship is the strongest it has ever been, this podcast may help you build and even stronger relationship with your partner.

    Don't feel like taking notes?? No problem!! Check out our Patreon account! We have multiple PDFs, worksheets, quizzes, and even quotes to go along with today's episode. Make the most of each of these podcasts by supplementing them with the resources found on our Patreon, available to members only!

    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    Fitbod - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
    -OR-
    Use this link and type in our Promo Code MEGAN25 to get 25% off the premium app version today!

    Blinkist - Sick and tired of not having enough time to read? Do you frequently see tons of bestsellers out that you want to read but know in your heart you can't make time to read? Your solution is here! Blinkist actually takes one page summaries of these books and compiles them into a "blink" to send to you every day! With over 3,000 titles in their database, what are you waiting for?! Download the app today and try it for a FULL 24 HOURS for FREE! Be sure to use our link!

     

    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast)
    Facebook (Coaching)
    Instagram
    Twitter
    Our Youtube Account
    Our Website
    Our Patreon Account

    Mastering Your Relationship: Part 1 of 5

    Mastering Your Relationship: Part 1 of 5

    This week's episode is 1 of a 5 part series!! We did some research, ran the analytics, and asked you guys what you wanted to hear more of from us. Well, the verdict is in, you guys wanted to hear more about relationships, intimacy, and building a strong foundation with your partner.

     

    In this episode we cover our first 6 foundations of building a strong, healthy relationship. First we cover the definition of what real love is and isn't. We also discuss how dreams contribute to building your relationship. We will go over advice, tips, and tricks to grow closer to your partner as well as how important both respect and honesty are in a relationship.

     

    Get ready to take notes, we discuss exercises, tips, lists of ideas, and stories that may help you with where you are in your relationship right now. Even if you think your relationship is the strongest it has ever been, this podcast may help you build and even stronger relationship with your partner.

     

    Don't feel like taking notes?? No problem!! Check out our Patreon account! We have multiple PDFs, worksheets, quizzes, and even quotes to go along with today's episode. Make the most of each of these podcasts by supplementing them with the resources found on our Patreon, available to members only!

     

    Best quote of this episode: "Loving someone should not mean losing you. Love empowers you, it shouldn't erase you." -Thema Davis

     

    Be sure to check out some of our recent partnerships and affiliates! We have been blessed to partner with these amazing companies and we are here to share them with you! Every bit of proceeds we receive through partnerships is fed directly back into this podcast to help bring more valuable content to our listeners! It goes towards equipment, software updates, hosting guests, and so much more!

    Fitbod - We have been fortunate enough to partner with the company, Fitbod! Have you been wanting to get into the best shape of your life but you can't afford a personal trainer? Maybe you can afford a personal trainer but you just can't get your schedule to match theirs? Fitbod removes the concerns by having what is the equivalent to a personal trainer, accessible to you on your phone whenever you need it 24/7. Build custom workouts built around how long you have to work out, what muscles you want to target, what type of workout you want to do, and what equipment you have available. Most personal trainers charge a MINIMUM of $60 for one 60 minute session. Now you can get a full year of access for less than the cost of one of those sessions! Check it out!
    -OR-
    Use this link and type in our Promo Code MEGAN25 to get 25% off the premium app version today!

    Blinkist - Sick and tired of not having enough time to read? Do you frequently see tons of bestsellers out that you want to read but know in your heart you can't make time to read? Your solution is here! Blinkist actually takes one page summaries of these books and compiles them into a "blink" to send to you every day! With over 3,000 titles in their database, what are you waiting for?! Download the app today and try it for a FULL 24 HOURS for FREE! Be sure to use our link!

     

    About the Show Host:
    Megan James is the Founder of Legacy Lifestyle Coaching, a company dedicated to Lifestyle Design. She has an extensive background in life coaching, business coaching, and career coaching. Megan has designed a life she's proud of but she's not planning on stopping there. Now Megan intends to take her skills and knowledge gained through her personal and professional experiences and share them with you! If you like the show, please subscribe! Follow our Socials! Facebook (Podcast) 
    Facebook (Coaching) 
    Instagram
    Twitter
    Our Youtube Account
    Our Website
    Our Patreon Account

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