In this week's episode Shawn Thomas explains he's always been an “Wantepreneur.”
He moved from Alaska to California when he was 18 to become a rock star on MTV. He became part of a “boy band” and traveled the country and got on MTV! He then worked a “job” for years and tried many part time business opportunities like MLM.
After all these years of success and failures he had learned enough to spot an opportunity and go for it.
He grew that company and later sold the business for $20 Million.
In this episode of TECtv he explains the core “nuggets” that made him successful. He also shares with our group how to approach business a different way.
How did he get funding for this business?
When he started his company, with $500 and created a proof of concept. After his first sale he re-invested the money to create the next product. Over and over till he was able to find an angel investor to expand and grow his concept.
This is how you build an online Internet business you can work anytime from anywhere!
Invest into learning, mentoring groups and find the tools you need to build your proof of concept.
Next sell, test and prove your proof of concept and scale larger. Learn from your mentoring group and keep going!Join Thousands of Like Minded Entrepreneurs for WEEKLY Interactive Training on the Latest Internet Marketing Strategies – Start Here
Most won't I will
This is the shirt Shawn is wearing and he compares business to fitness. If you want 6 pack abs, muscle etc.. you have to realize there is time and commitment before the results!
Find a mentor
Shawn talks about how he sold 51% of your company for $175,000 but that later turned into Millions!
Most people would never think about selling 51% of their company! ONLY because they don't have the experience or training to see the outcome.
Mark Zuckerberg from Facebook sold the majority of his company but held on to managing the vision.Join Thousands of Like Minded Entrepreneurs for WEEKLY Interactive Training on the Latest Internet Marketing Strategies – Start Here
Ask a Millionaire
Today Shawn has built a brand “Ask a Millionaire” and he has millions of followers worldwide!
It's what you don't know that will hurt you in business! Learn from mentors and advisors. It's not an expense but the education to succeed!
Earning $10k a month is the same process as earning $1 Million a month, you just need to scale up!
Think back to being a kid and going out to play sandlot ball or riding a bike, we never doubted it was possible. Shawn explains you have to approach your business the same way. Assume you will succeed and let the challenges form you for success!
Would you spend $1 to make $2?
Of course you would so invest in a mentoring group to learn how to double your returns! Shawn explains how his mentors taught him new strategies he wasn't able to conceive. These “strategies” earned him Millions!
Join Thousands of Like Minded Entrepreneurs for WEEKLY Interactive Training on the Latest Internet Marketing Strategies – Start Here
It's vain to think we know it all or can learn on our own, we have to find mentors!
Become an “Inter-preneur”
Go to work in your field for a company and learn all you can before you launch your business. Work for a company to learn online marketing, email marketing, web media and more.
Then when you launch your business, you have a wealth of knowledge behind you!
Seven Pillars of a Successful Life
Shawn realized money wasn't everything in life. After talking to his mentors he realized there are seven pillars of success in life:
Make it your daily goal to balance your life! Don't spend your life chasing money!Join Thousands of Like Minded Entrepreneurs for WEEKLY Interactive Training on the Latest Internet Marketing Strategies – Start Here