In this conversation, Lilian Ong share her experiences and insights on overcoming fear and embracing entrepreneurship. Daryl Urbanski joins the conversation and adds that helping others is crucial in overcoming fear and achieving success. Lilian Ong and Daryl Urbanski discuss various challenges and opportunities in business, including time management, delegation, building relationships, and the importance of a growth mindset. They also offer practical advice on selling a business and emphasize the need for a clear understanding of the agreement. Finally, Daryl and Lilian discuss the significance of mindset in achieving success in business, highlighting the importance of resilience, adaptability, and a growth mindset.
Here are the reasons why you should listen to the full interview:
- Learn how to embrace adversity and overcome fear, moulding it into stepping stones for success.
- Discover the fundamental factors influencing your business success, including business model and mindset.
- Understand the significance of a growth mindset versus a fixed mindset in shaping your life and business trajectory.
Resources:
Interview Highlights:
Overcoming fear and starting a business with a stay-at-home mom who became an entrepreneur Lilian Ong
- Daryl Urbanski interviews Lilian Ong about her book "Women of Courage"
- Lilian Ong shares their journey from stay-at-home mom to entrepreneur in the interior decoration business.
Overcoming challenges in a sofa-making business, prioritizing time and energy, delegating tasks, and managing relationships
- Lilian self-taught, learned through hands-on experience and asking many questions.
- Lilian Ong faced challenges due to lack of mentorship, time constraints as a mom, and juggling multiple roles.
- Lilian prioritized time management and delegated tasks to free up time for quality moments with family.
- Lilian hired a domestic helper to save energy and focus on high-paying work, valuing their time and energy.
- Lilian emphasizes the importance of relationships in running a successful business.
Building relationships, leveraging technology, and developing soft skills for entrepreneurs
- Lilian Ong built relationships by being real and connecting with suppliers and customers.
- Lilian shares personal experience of building a successful business through trial and error, emphasizing the importance of technology and business coaching for aspiring entrepreneurs.
- Lilian Ong emphasizes the importance of understanding people's thoughts and desires through keyword research.
- Daryl agrees, highlighting the power of Google Trends in providing insights into people's search habits.
Creating a customer experience through relationships and reflection
- Lilian emphasizes importance of personalized customer experience.
- Reflecting regularly helps individuals identify areas for improvement and stay aligned with their goals.
Empowering stories of women facing challenges
- Lilian shares personal struggles with motherhood, pregnancy challenges.
- Lilian Ong shares stories of resilience and courage from interviews with women facing various challenges.
Overcoming personal challenges and business obstacles through mindset and learning from others
- Lilian shares stories of women overcoming personal challenges to build successful businesses.
- Urbanski recommends seeking support from peers, mentors, and spouses to overcome isolation and pressure as a business owner.
- Lilian Ong reflects on learning from diverse business owners, forming power teams.
- Daryl Urbanski discusses the importance of mindset in business, highlighting the difference between fixed and growth mindsets.
- Lilian emphasizes the need to evolve and adapt to changing circumstances in business, citing the example of the newspaper industry.
The importance of mindset and focus in achieving success
- Daryl Urbanski reflects on the importance of mentorship and abundance in today's world.
- Daryl Urbanski emphasizes the importance of mindset in achieving success, citing the example of martial arts.
- Joyce Meyer's book "Battlefield of the Mind" identifies various types of fears and limiting beliefs that can hold people back.
Entrepreneurship, business growth, and change management
- Daryl and Lilian discuss common mistakes entrepreneurs make, including refusing to change with technology and markets.
- Daryl Urbanski discusses the importance of understanding the problem being solved in design, citing newspapers as an example of a industry that forgot its core purpose.
- Lilian relates the real estate industry's adaptation to market trends, highlighting the importance of staying flexible and responsive to changing needs.
- Lilian shares a personal experience of a business that refused to adapt to changing trends, leading to its demise.
- Lilian emphasizes the importance of having a team-oriented mindset in business, with each member playing a crucial role in solving problems and generating income.
Entrepreneurship, business growth, and overcoming challenges
- Seller struggles with emotional attachment to business, seeks legal advice for smooth sale.
- Focus on soft skills, building good relationships, creating a customer experience.
- Having a support network of people to rely on, such as a business coach or friends, is crucial.
- Daryl Urbanski interviews Lilian Ong about her book "Women of Courage"
- Listeners are invited to share their lessons learned and implement changes in their lives
Expertise: Business Growth, Sales, Marketing Automation, Leadership