Introduction
On this episode of Business Insanity Talk Radio, we first talk about how to step outside your comfort zone – a necessity to growing a successful business. Then, as a small business owner you know that the only constant is change; we’ll show you how to face it productively every day. Plus, we’ll share what angel investors are really looking for in a business investment. And finally, 75% of small businesses are family owned, but only a third of all family businesses transition to a second generation, and only 15% go onto a third generation; we’ll discuss the key to family businesses that survive from generation to generation.
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Segment 1: Andy Molinsky is a professor of organizational behavior at Brandeis University’s International Business School, specializing in behavior change and cross-cultural interaction in business settings. He is author of “REACH: A New Strategy to Help You Step Outside Your Comfort Zone, Rise to the Challenge, and Build Confidence”.
2:00 – Why is stepping outside your comfort zone so difficult?!
4:15 – How to identify the source of your fear.
5:30 – The three tools to help you step outside your comfort zone.
8:30 – Examples of how Customization can help you get outside your comfort zone.
9:30 – The two epiphanies people have after stepping outside their comfort zone.
Segment 2: Larry Robertson is the author of two award-winning books “The Language of Man: Learning to Speak Creativity” and “A Deliberate Pause: Entrepreneurship and its Moment in Human Progress”.
15:15 – What’s the key to being successful in the midst of constant change?
16:45 – The hedgehog and fox mindsets.
18:00 – How to find your balance of the two mindsets.
19:30 – Tuning into your sense of fit.
22:00 – How to take the leap once you come to the edge.
Segment 3: Marty Zwilling‘s passion is nurturing the development of entrepreneurs by providing first-hand mentoring, funding assistance, and business plan development. He is the Founder and CEO of Startup Professionals, a company that provides products and services to startup founders and small business owners. He writes a daily blog for entrepreneurs, and dispenses advice on the subject of startups to a large online audience of over 940,000 Twitter followers. He has published three books, “Do YOU Have What It Takes To Be An Entrepreneur?” “Attracting an Angel,” and “StartupPro: How to set up and grow a tech business.” He is also an accredited angel investor with Arizona Tech Investors (ATI).
31:30 – What do Angel investors look for?
34:00 – Not all businesses are a good fit for angel investment.
35:30 – What is the best sustainable competitive advantage for businesses to have?
Segment 4: Barry Moltz shares how to get your business unstuck.
40:30 – Do any of these sound familiar?
41:15 – How to take your business to the next level.
42:45 – What’s in the Unstuck course?
46:00 – Special offer code.
To learn more visit, www.barrymoltz.com/unstuck
Segment 5: Matthew Stock, is president of U.S. Waterproofing located in Rolling Meadows, Illinois. A third-generation family member in the basement waterproofing business, Matt began assisting his family in all-things-basements when he was only 12 years old. He officially began working for U.S. Waterproofing as a teenager, learning the ropes and proving himself in virtually every capacity before eventually rising through the company ranks.
50:00 – What is the key to running a family businesses over multiple generations?
51:30 – Do you talk about business at family dinners?
52:00 – Will U.S. Waterproofing have fourth generation family members involved?
Sponsored by Nextiva.
