Michele Scism a serial entrepreneur who knows how it feels to fail miserably at business, at one time the bank actually called demanding their $1.5 million back, and also knows how it feels to sign the contract to sell her company for $9 million dollars.
Entrepreneurial Role Models:
Michele’s Dad and Grandfather
When business started difficulties overcame:
“what I didn’t really foresee was that all of a sudden I didn’t have a sales team any more. And it dawned on me that I was going to have to step in and actually do that. That to me was big and difficult and it took me a while to really overcome that. At the end of every year our family gets together and we have a big meeting and we go over all of the businesses that we own because all of us own different businesses now. And we look at what we did the previous year, our viability, and what we are planning to do the next year. And so after the first year of Decisive Minds I had to show up at that meeting…and I had struggled through that entire year, I had made a whopping twelve thousand dollars… and I remember my dad sat at the table and saying I don’t think this is a viable company I think you should stop. And I thought to my self okay I am going to have to really suck it up and figure this out”…[Listen for More]
Favourite Books:
Bold: How to Go Big, Create Wealth and Impact the World by Peter H. Diamandis and Steven KotlerFavourite Quote:
“When you get give. When you learn teach.” Maya Angelou
Recommended Online Resources:
- Evernote – is the app that keeps your notes organized. Memos are synced so they’re accessible anywhere, and searchable so you always find what you need.
- Acuity Scheduling – Online appointment scheduling software. Clients schedule appointments, pay, and complete intake forms online 24/7
Best Advice to Other Entrepreneurs:
“My best advice is to make the decision. Whatever it is that you are trying to figure out and you have been just beating yourself up over it or maybe I should try it but you can’t seem to get yourself commit to it, you need to walk through that process of making a decision, a ‘yes’ or ‘no’. It could be ‘no’ right. I do make quick decisions. It is who I am I am very decisive. And I don’t always make the right decisions but when I don’t make the right decision I go an make my wrong decision right. Meaning I go and do whatever I have to do to fix it. But here is the thing because I had made a decision I wasn’t wasting all of that time thinking about it and wondering about it – and why and how. Right. Guys you have to make decisions and just move forward.”…[Listen for More]
More About Michele Scism:
Neil’s Quote at the Beginning:
“Sometimes you have to choose between being strong and being honest, if you want real answers.” Jessiqua Wittman
Other Quotes From the Chat with Michele Scism:
- “I eat sleep breath business and entrepreneurs in particular have my heart”
- “you are building a real business when you can leave and take your money on vacation and you are still making money”
- “I watch a lot of people create jobs for themselves and not businesses”
- “I am a big believer that whenever you put multiple people in to a room and you start the ideas flowing just amazing things happen”
- “understand how to use social media in a business”
- “it takes a lot of guts to be an entrepreneur. And really it is not just about having the hutzpah to go out there and do that but it is about being able to trust yourself to make the right decisions. A lot of people get really stuck on trusting themselves in making those decisions”
- “there are so many things that people are good at but sometimes they derail themselves and forget what is working”
- “look at what has worked and how can we repeat that process?”
- “success would be a lot easier for people if they would realised that it really can be easy and they don’t have to make it difficult”
- “for me building this business is it must be more than me. It needs to operate without me. If I am going to build it to sell it has to expand in a form that will make someone else a lot of money not having to work super hard”
- “I don’t always make the right decisions but when I don’t make the right decision I go an make my wrong decision right.”
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