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Podcast: The Best Business Podcast
Episode:

Category: Business
Duration: 01:01:36
Publish Date: 2019-12-02 00:00:00
Description:

Today, we are speaking with Tom Sylvester, the co-founder of Lifestyle Builders. Lifestyle Builders is a coaching and training company helping entrepreneurs build their businesses, create more impact, and find more freedom.

 

In the past 15 years, Tom has helped thousands of businesses, leaders, and teams—from Fortune 500 companies to brand new startups—create and achieve success. Throughout the years, he has refined his philosophies and strategies for growing businesses. Now, with his wife Ariana, they share these philosophies to guide entrepreneurs through their coaching program and book Lifestyle Builders: Build Your Business, Quit Your Job, and Live Your Ideal Lifestyle.

 

In this episode, Tom talks to us about the different challenges and levels of growing your business. He also shares with us how to find ways to remove yourself from your business to build the lifestyle you want. Tune in for all the juicy details!

 

Here are some of the key points we discussed in this episode:

 

✅ Investing money is usually an excellent way to find commitment. You don’t have to start big. Think of the amount that is enough to make you uncomfortable, but not so much that it’s going to paralyze you. The amount can change over time, but what’s important is you find the commitment.

✅ When thinking of your why’s and your long-term vision as an entrepreneur, consider these two things: the relationships you want to have and the impact you want to make.

✅ Build a high-level process from the four major components of your business—marketing, sales, operations, finance. Look into what’s required to make them run and put the right people in place.

✅ Collaboration over competition. Competition causes a bad cycle. With collaboration, you can help each other and achieve better results.

 

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