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Episode Brief Description

Find out more here.

Key Insights & Timestamps

• [00:53] – Welcome
• [04:10] – Assuming your idea is great idea
• [07:50] – “Ask those tough questions first.” – Tom
• [08:36] – “I was the Dream Crusher.” – Ariana
• [09:13] – Don’t sweat the small stuff
• [13:22] – Getting your personal finances in order first
• [15:58] – If you are not good with personal money, odds are you will not be good with business money, either – address this beforehand
• [17:54] – Not getting your spouse or significant other on board
• [18:26] – “You are going to create a lot of extra issues on top of business issues if you don’t approach the subject with your spouse first.” – Ariana
• [22:50] – Underestimating how difficult owning a business will be
• [25:20] – Not knowing why you are starting in the first place
• [28:01] – Not knowing where to find your customers
• [33:29] – Homework
• [35:22] – Toms Bookshelf

Your Homework

Tom’s Homework

• Go through this list of 7 mistakes and see which ones you are currently doing. See where you could better focus and re-adjust.

Tom’s Bookshelf

The Pumpkin Plan

Get This Book

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• Amazon – Get The Physical or Kindle Version

Resources Mentioned

• 10 Mistakes Entrepeneurs Make When Starting a Business
• Identifying Opportunities & Taking Action w/ Dale Hensel
• Lean Canvas – TomandAriana.com/Canvas
• Plan With Purpose: The Ultimate Guide to Creating Your Ideal Lifestyle
• Lifestyle Builders Mentorship
• Join our Free Facebook Group for Family-Focused Entrepreneurs