Episode 044 – All You Need to Know About Augmented and Virtual Reality for Entrepreneurs, with Steven Aukstakalnis

Steven Aukstakalnis is an author, research scientist, instructor, and consultant to government and industry in the area of Augmented and Virtual Reality. For more than 20 years, his work has focused on the application of head-mounted displays, 3D sound, and tactile feedback devices in such areas as architecture, defense, oceanography, medicine, and entertainment.

Show  Notes:

To break the ice, I asked Steven, whether he’d rather have a real transformer car, or have a space shuttle in his backyard.

His response, “I’d rather have the space shuttle.”

Our conversation was based on all things augmented and virtual reality.

Some questions I asked throughout the interview are:

  • What is augmented reality & virtual reality and the difference between the two?
  • How have they been used in entrepreneurship?
  • How expensive is this technology to implement?
  • Why should I use AR/VR to expand my brand?
  • What are some of the common mistakes that advertisers are making?
  • How long have both forms of technologies been around?
  • What are some of the side effects that are associated with virtual reality?
  • What are we going to be coming with next?

Main Take-Aways:

  • Virtual reality is a completely computer generated replacement to your true visual and audio surroundings.

  • There are a number of companies that are starting to incorporate these technologies either in promotion of their products or work or as part of their products.

  • The scientific literature shows that women of Asian descent are far more susceptible to motion sickness than for instance women in North America or the Caribbean.

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Episode 043 – Knowing Your Cost Drivers, Balancing the Equation and Staying Profitable, with Ruth King

Ruth King is the Profitability Master, Founder and CEO of Profitability Revolution Paradigm. She is also President of Business Ventures Corporation. She has a passion for helping small businesses get and stay profitable. Her #1 Best Selling book, The Courage to be Profitable, explains how to get and stay profitable in less than 30 minutes a month – in English rather than accounting babble.

Show  Notes:

To break the ice, I asked Ruth, whether she’d rather have many acquaintances and no friends, or have only one or two close friends?

Her response, “One or two close friends.”

We went on to talk about what every entrepreneur needs to have more of, profit, profit ad more profit.

Some questions I asked throughout the interview are:

  • How did it all start for you as the profitability master?
  • What are the things we need to be looking out for in balancing the equation of profit and cost?
  • What are some considerations business owners need to be making in order to grasp accounting?
  • What’s the reason businesses fail to make profit?
  • What’s one of the biggest cost driver in a business?
  • Why would a once profitable business start to experience decline in profit?

Main Take-Aways: 

  • Understand that financials are not hard. accounting was developed around the 1300s and there were no calculators back then and it was easy.

  • If you are getting bored with your business, it will decline because you are not paying attention.

  • Get your financial statements every month; get a profit and loss statement and balance sheet. Get tutored on it, read a book, go to a class.

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Episode 042 – How to Handle Dilemmas Without Losing Your Cool, with Rosalinda Randall

Rosalinda Randall Helps Businesses and Individuals find success through better Communication and Social Skills.  She focuses on communicating and interacting more effectively and with a lot less drama. She frequently appears on television and radio programs in the United States and publications such as Forbes, Business Insider, HARDI Magazine, The Muse, and Fast Company.

Show  Notes:

To break the ice, I asked Rosalinda, whether she’d rather visit the doctor or the dentist.

Her response, “The dentist. I love going to the dentist. I always make my appointment before the 6 months.”

We went on to talking about business etiquette and how to remain calm in unpleasant situations.

Some questions we discussed throughout the interview are:

  • Why do we need to care about handling dilemmas?
  • How important is cultural consideration when doing business internationally?
  • Are we being discourteous if we decide to ‘unfriend’ someone who make offensive posts on their timeline?
  • Do I have to shake hands with someone who has just wiped their nose? How can I decline that?
  • What are some of the most common rude behaviors?
  • How do we handle things that we are uncomfortable with?
  • What kind of strategy would you recommend to someone who doesn’t seem to be able to find the time to respond to emails?

Main Take-Aways:

  • As a society, we come up with what’s acceptable and what’s not. It varies across countries and cultures around the world. It is our responsibility to find out what the culture is.

  • If someone from another country is seeking my business, it is their duty to find out about the top 10 things that the United States frown up. Being considerate and aware of other’s feeling is important.

  • We don’t have to attack, defend, prove everything that comes our way. That takes away from our energy from doing good.

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041 – Building a Culture of Innovation, Moving Ideas From the Conference Room to Execution with Tamara Kleinberg

Tamara Kleingberg is the founder of LaunchStreet, the online innovation program and community and creator of the proprietary Innovation Quotient Edge, the only assessment able to help you discover your unique Innovator Archetype so you can innovate on demand. She has been featured in INC Magazine, New York Times, TODAY Show, radio and podcasts across the globe.

Show  Notes:

To break the ice, I asked Tamara, whether she’d rather be an apple or a banana?

Her response, “Oh my gosh. I would rather be an apple, I love apples. I don’t think there is anything better than biting into a crisp apple”.

Tamara told me all about innovation and how to execute on ideas succesfully.

Some questions we discussed throughout the interview are:

What is the greatest barrier to innovation?

When you say innovation what are you actually talking about?

Why do most ideas die before leaving the conference room?

What is the innovation quotient edge and how can we use it to get results?

What’s the one thing I can do right now to up my innovation quotient?

What are those innovation killers for individuals and organizations?

Main Take-Aways:

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040 – All You Need to Know About Writing Your First Book in 3-Days, with Kim Lambert

Kim Lambert is a multi-award winning author of more than 30 books as herself and under pen names for her fiction, (more than 20 times Amazon number one category bestseller). She is the creator of the ‘Business Book Quick Start Kit’, the ‘Product Creation Launchpad’ course and the ‘Zero to Book’ three day writing intensive workshop.

Show  Notes:

I asked Kim an ice-breaker question, whether she’d rather make headlines for saving somebody’s life or winning a Nobel Prize?

Her response, “I’m not sure I care about making headlines at all. It would depend on what I was getting the Nobel prize for, maybe it is something that would save millions of lives”.

Kim and I spoke about getting published in the 21st century and the tools to writing a book in 3 days.

Some questions we discussed throughout the interview are:

How did you get started in writing and publishing?

What did you write about in your first publication?

Why was her first piece selected for publication?

Are you more comfortable writing fiction or non-fiction more?

Why is it the best time now to write a book?

What is it about a book is written that makes the reader wants to take action?

Is it possible to write a book in 3 days or less?

Main Take-Aways:

  • To get published all you need to do is to make a decision to do so – all the tools available make it easy to do so.

  • If someone has to choose between you and two competitors who do something similar, they are going to choose the person who writes the book on it. Now is the best time to do it.

  • The most important thing in telling your story is that you tell it all. All the bad bits as well as the good bits. When you tell your story with all the bad bits, people can relate and they begin to connect with you.

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039 – Having a Strong Positive Mind-Set and Investing in the Stock Market, with Anmol Singh

Anmol Singh started trading during his early college years without much luck. After a year or so he discovered a pattern that allowed him to go from 0 to a profitable trader. He is also an avid real estate investor with a large portfolio and has funded two other tech based companies. He now spends most of his day managing funds and working with students of Live Traders which he co-founded in 2014.

Show  Notes:

I asked Anmol an ice-breaker question, whether he’d rather always be cold or always be hot. He responded, “I’d much rather be cold than hot…. but I would like to be in Jamaica”.

Anmol and I spoke about all things investing in stocks.

Some questions asked throughout the interview:

What are stocks and how are they valued?

What are the different types of stocks that you’re engaged with?

Why should entrepreneurs choose stocks as an option to invest?

On average, what is the rate of return vis-a-vis money in the market?

What are some of risks associated with stocks?

What piece of advice do you have for the risk averse?

Where do you gather your data from?

How does time affect trading?

What stock qualify for day trading versus long term trading?

How do you determine whether to go long term or day trading?

Losers and winners, what does that mean?

What piece of advice you can share as it relates to stock?

Main Take-Aways:

  • Stock is an investment into a company. It is mainly a reflection into how a company is doing.

  • History has shown if you are investing in the stock market long term and has the patience to hold on, then it gets the best return and you can compound your money many times over.

  • You have to be mentally strong as a person to trade in the stock market or even being in entrepreneurship in general. You need to have a strong mindset of success.

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038 – How to Evolve into an Unstoppable Leader – A Look at work-Life Balance, with Terry Wildemann

Terry Wildemann guides entrepreneurs and intuitive leaders to business success by helping them spring back from the brink of burnout.  Her Shiftology™ business and leadership systems offer leaders solutions to tap into their “Inner Business Game” to discover and implement untapped strategies and actionable ideas.

Show  Notes:

I asked Terry an ice-breaker question, whether she’s ever locked herself out of the house. Her response, “Oh yes! And I’ve climbed in through my share of Windows”.

Terry and I went on to talk about intuitive leadership and explored the myth of work-life balance.

Some questions I asked Terry:

Definition of work life balance

What to do when you feel like you’ve lost control of your life?

How should we deal with guilt about neglecting your different roles?

How should we deal with guilt about neglecting your different roles?

Intuitive leadership and the shiftology technique, what’s that?

Main Take-Aways:

  • Work-life-balance is a myth. The goal is to integrate both and make them parts of our lives.

  • When we acknowledge our emotions, and tune in to how our body feels, our intuition increase.

  • In a place of listening where you can go inside and tap into those intuitive places, that is what balance is about.

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037 – Overcoming Bitterness, Healing Through Forgiveness And, Living From A Place of Gratitude, with Carolyn Jones

Carolyn is a Forgiveness Guide and Coach, Award-winning Author, and Speaker. At fifty-eight, she overcame the anger and bitterness she’d lived with her entire adult life when she discovered forgiveness and gratitude.

#PeakPerformers, Carolyn @carolyncjjones talks forgiveness and gratitude on #TheEntrepYou today! Click To Tweet

Show  Notes:

I always like to start things off on a light note.  I asked Carolyn, “Would you rather be three inches taller or three inches shorter?”

Here response, “I wondered what the world looks like from a higher height. I’m rather short so I would like to be 3 inches taller.”

Then I jumped into the issue of forgiveness. Here are some of the questions I asked Carolyn.

How did you grow up?

How did that cause you feel when you were going through that?

How did you make the transition into who you are today?

You found a way to forgive your parents, how did that happen?

How can forgiveness help us to live our best lives as entrepreneurs?

Forgiveness becomes easier when we become grateful and come from a place of gratitude…why is it important to practice gratitude?

How often do you find that people put on a front?

How can we take small steps in forgiving ourselves and those who would have wounded us in the past?

Main Take-Aways:

  • Forgiveness doesn’t mean that you condone what the offender has done.

  • Being grateful creates more abundance.

  • When you decide to forgive, you make a decision to hurt and suffer less.

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035 – Collaborating for Success, with Richard Branson, Amy Porterfield, Kirk-Anthony Hamilton, Chris Ducker, Michael O’Neal & Malcolm MJ Harris

Every November for 1 week, there are thousands of events and competitions in close to 200 countries to inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. In 2017, the week is observed during November 13-19. I’ve reached out to 6 global entrepreneurs to share their thoughts on collaborating for success. They are Richard Branson, Amy Porterfield, Kirk Anthony Hamilton, Chris Ducker, Michael O’neal and Malcolm MJ Harris.

@richardbranson @kirkanthony_jm et al talk about collaborating for success. Click To Tweet

Show  Notes:

Richard Branson, Virgin Group

-To execute an idea, you need to be a leader of people.

-Lots of people have the same idea, it is about how you execute that’s critical.

-Can you motivate, inspire and bring out the best in people?

-I’d much rather invest in someone that is good with people.

-What we need in life are people who look for the best in people.

-It is not easy to be an entrepreneur.

Richard Branson eagerly and playfully using my braided hair to get his ‘locks’ after our interview.

Chris Ducker, Youpreneur

-Nobody’s got a monopoly on good ideas, it all comes down to the people you surround yourself with.

-Be you all the time, it is the easiest thing to do. You are unique. An original is always worth more than a copy.

-People are either going to love you or hate you and that’s fine. Stay away from the messy middle.

-If there is a problem, fix it right there and then

-Relationships are something to be treasured and not to be used.

-Spend time with people, they want to know that you give a damn.

Malcolm MJ Harris, National Care Financial

-If you are not collaborating within your business then your business is probably about to die out.

-One thing no one can do better than me is to put in the work.

-I am not a passive CEO, I make sure I am the hardest working person within my company.

-Do you want all of a grape or do you want half of a watermelon?

-If you look at all the great businesses, they are the by-product of collaboration.

-You shouldn’t be talking to anyone about your business unless they sign an NDA.

-Finding a competitor who can complement what you are doing is ideal.

Michael O’Neal, Solopreneur

-If there is a universal law across the most successful people that I’ve spoken to, it’s that relationships have built their businesses.

-You must walk into a conference with a plan and a strategy to build relationship with people you meet at conferences.

-You must go into a conference with an intention; follow up after.

-A consistent meet up is one of the best things you can do for your business.

-Have a weekly happy hour to network with others to make the connections you want.

Amy Porterfield, Online Marketing Expert

-I’m looking to see if they (prospective partners) are attracting a similar type of audience.

-Collaboration has built my brand, put my name out there and grow my business.

-I’m a huge fan of collaboration.

-You would be amazed how much bigger of an audience you can attract by collaborating with people whom you wouldn’t normally get in front of their audience.

-With social media, it is getting harder to be seen and cut through the noise.

-Collaborating with the right people gets you in front the right audience.

-I’m looking to see if their (partners) style of marketing is in line with my style and for integrity.

-I’m attracted to people that will share the good with the bad, the wounds and the challenges as well as the wins; I want to hear the grittiness.

Kirk-Anthony Hamilton, Tech Beach Retreat

-It is extremely valuable to entrepreneurs to have the right connections and the right relationships to progress their goals a lot quicker.

-I set out on a path to try and connect with some of the best in the world; I’ve been fortunate to spend a lot of time in global communities.

-People run the world; it all comes down to who you know and the relationships you have; Most challenges are solved through who you know.

-The term entrepreneur is about those who want to maintain an open mind.

-I don’t call it networking. I am more into relationship building. Networking has become a transactional term.

-It is not about networking, it is about access.

-It’s way more about how you connect with people and the memorable impression that you leave than the quantity of hands that you shake and the amount of business cards that you distribute.

Main Take-Aways:

  • Relationships are something to be treasured and not to be used

  • If you are not collaborating within your business then your business is probably about to die out

  • You must walk into a conference with a plan, strategy to build relationship with people you meet at conferences

  • Collaborating with the right people gets you in front the right audience

  • It is extremely valuable to entrepreneurs to have the right connections and the right relationships to progress their goals a lot quicker.

  • To execute an idea, you need to be a leader of people.

Connect with Chris Ducker

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MENTIONS THROUGOUT THIS EPISODE

Pat Flynn

John Lee Dumas

Tony Robbins

Shark Tank

Air BnB

Elon Musk

Justin Trudeau (PM Canada)

Barack Obama

Hamdi Ulukaya – Chobani

Branson Centre of Entrepreneurship – Caribbean

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034 – Let Go of Baggage; Become Empowered by Developing A Strong Spiritual Belief, with Leslie Karen Hammond

Leslie is the Empowering Story Whisperer, an Internationally Known Spiritual Teacher, Guided Meditation Master, International Speaker and 3 times Author.  She helps people create empowering stories to live and love by.

#PeakPerformers, Kay @ConfidenceBldr talks spiritual empowerment on #TheEntrepYou today!

Show  Notes:

Here’s how I started out the conversation with Leslie, would you rather not hear or not see?

Just as I thought, she responded, “I would be fine not seeing because I see a lot with my eyes closed.”

Here are some of the things we spoke about…

What does letting go of baggage have to do with entrepreneurship?

What do we need to let go of baggage?

How do spiritually driven entrepreneur move past these fear for example the fear of failing?

What does it mean to live a spiritual life?

Why does every story matter?

Why are so many people afraid of telling their story?

For persons facing fear because of trauma, how can they open their hearts again to let it all out and be ok with being vulnerable?

Main Take-Aways:

  • Don’t allow the fear of being judged prevent you from sharing your story.

  • Whatever issues of the past we are dealing with affect how we show up to those we serve.

  • Having a strong spiritual belief can assist you in taking risks.

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