Episode Highlights

The Power of a Belief System for an Entrepreneur

• “If you change your beliefs, you can change your life.”
•  In understanding your inner game, you get to understand your belief system.
• You begin to realize that the financial results that you’re producing are a byproduct of the beliefs that you have.
• Your beliefs drive your behaviour.

The Impact of the Environment

• The outer game is also essential, as well as your environment.
• If you don’t do your environments properly, and if you’re not doing it by design, then you are doing it by default.
• Success is a byproduct of the people with which you invest the most time.
• It is vital to go out of your comfort zone and expand your boundaries.
• “You are the average of the five people you spend the most time with.”

How An Entrepreneur Can Keep His Drive To Succeed

• It depends on where you are in your life
• There are particular challenges that entrepreneurs go through.
• Surround yourself with people who are a little further down the road to help you overcome those challenges.

What Motivates People?

• Basic needs
• Personal needs
• Wants
• After achieving all of them, start working on your values or subconscious drivers.

Importance of Values For An Entrepreneur

• They are like an unwritten software that drives your behaviors
• When you start to identify your values, the aspects of your life shall be aligned, and it shall be like a fuel that never runs out.
• You shall always wake up inspired and with high spirits
• Your vision, mission, purpose in life shall be aligned.
• If this happens, your company, your family, and your life will be fulfilling in general.
• Learn to say no.

Overcoming the Challenges of Entrepreneurship

• It’s a steep path. You need to step outside your norm and lead, and it comes with a certain set of lessons.
• The lessons are documented and easy to overcome, but if you don’t see them coming, they can catch you.
• Most entrepreneurs do not go financially bankrupt first. First, they go spiritually bankrupt, and then the finances follow.
• Challenges are meant to take our level of understanding and awareness to another level.
• The universe will not give you anything that you cannot handle.

The Importance of Purpose and Creating with Value For An Entrepreneur

• The moment you can figure out your purpose, your life will change for the better
• Jim stuck to his purpose of helping people change their lives for every challenge that he encountered.
• If you’re not creating money, you are not producing enough value.
• If you’re creating value for people, they exchange it with stored energy or money.

Entrepreneurship as Personal Development

• Entrepreneurship is a path of personal development.
• You have to fix yourself, your values, and your beliefs.
• You also need to consider your habits and routines to accomplish your goals.
• Your business is a byproduct of your lifestyle. Your lifestyle is a byproduct of who you are and how you choose to live.

Habit Stacking

• You can change your keystone habit.
• Pick one area of your life to focus on. After that, stack your next habit, and so on.
• You need to develop habits for sustainable success.

Quintessential Habits for Success

• Simplify your success.
• Understand that it takes time.
• Look for your benchmarks, those people who were successful, and look into the path that they took to prepare.
• Understand that fear is a necessity, and panic is deadly.
• You need to practice, rehearse, and have the right coaches and mentors.

Final Notes

• When he makes a decision, he quits doing other things. Decision-making means to cut away from something.
• There is no other person in the world having that wave and experience that the universe created just for you.
• Find your balance.
• Focus on three things every day: your happiness, your health, and your wealth.
• Want to be Focused & Productive Self, Start With 21 Days online planner.