Today’s guests are Shane Sams and Jocelyn Sams, the dynamic duo behind Flipped Lifestyle. Shane and Jocelyn are former school teachers. After years of job losses, bad bosses, and frustration at work, they started an online business. That business made it possible for them to quit their jobs, spend more time with family, and earn millions in passive income! Now, they help other families do the same through the Flipped Lifestyle Podcast and their online community.
Entrepreneurial Role Models:
- Pat Flynn
- James Shranko – Outsourcing
When business started difficulties overcame:
“first of all, we worth early new parents… So that in itself is a huge thing to overcome. And then we decided in the midst of all of this ‘hey let’s start a business that sounds like a good idea’… Time was the issue because we had to be at work before the kids. We had to be there by 7 AM which means we had to leave and do our 35 – 40 minute commute at 6 AM which means we had to be up at 5 AM to get ready for work. And then I would get home at about 7 o’clock because I had to stay after school football practice, weightlifting, whatever. And Jocelyn was the librarian and so she had to stay and shelve books and get all that done, 5 or 6 o’clock. So you got home, you pick up the kids and you got an hour maybe to work on your business. So it was always really challenging to come up with the blocks of time that we needed”…[Listen for More]
Favourite Books:
- Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine Book by Mike Michalowicz
- The Infinite Game: How Great Businesses Achieve Long-Lasting Success Book by Simon Sinek
Also mentioned:
Favourite Quote:
- “I alone cannot change the world, but I can cast a stone across the waters to create many ripples.” ― Mother Teresa”
- “If it is important to you, you will find a way. If not, you’ll find an excuse.” Unknown
Also mentioned:
- “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.” Theodore Roosevelt
Recommended Online Resources:
Kajabi – Launch your online business in minutes with our all in one platform that makes it easy to create online courses, launch marketing campaigns, build landing pages, and design the perfect website
Best Advice to Other Entrepreneurs:
“do the thing… Every person I coach, every person I do a Q&A for, everything always boils down to okay you know what to do go do it. Like you have to physically do the thing. Everything else is a dream, everything else is a wish… Until you are doing the thing, action, action, action is the only way you are ever going to make it to the next level. And I would just say five someone who has the opposite strengths to what you do … You need to find the person who compliments you. If you overthink things finds somebody who will push you out of the aeroplane. If you are jumping out of the aeroplane without a parachute find somebody to make you a parachute”…[Listen for More]
More About Shane Sams and Jocelyn Sams:
Neil’s Quote at the Beginning:
“YOU are your biggest asset. When you believe in your own capabilities to achieve greatness, you CAN change your surroundings.” Unknown
Other Quotes From the Chat with Shane Sams and Jocelyn Sams:
- “Shane is the gas pedal and I am the break”
- “take control of your time. Don’t worry about being able to afford things. Stop worrying about your resources and get resourceful. You are going to find a way to do what you want to do if you can block off the time to do it”
- “taking action every single day”
- “baby steps will get you closer to your goal than standing still. Just do something even if it’s not the right thing, even if you are not sure. You have to keep taking action. If you are not then obviously nothing is happening”
- “keep your mind on your money and your money on your mind. Your number one job as an entrepreneur is to not run out of money. That’s it, that’s the job. And that’s money for your salary, that’s money for your employees, that’s money for advertising. Your job is to attention to the money… Just checking in with your money weekly at least is critical if you are going to succeed… Your job is to make sure that the money flows because the money supports the mission. So, do that.”
- “The only people we ever see fail forever are the people that do nothing. Do it wrong 10 times until you figure out what’s right. So just do stuff every day. Even shrink your scope, don’t think so far into the future. If you can’t think about your five-year goal think about one year. If you can’t think about one year, one month. If you can’t think about one month, one day. Or what am I going to do in the next hour to change my family’s future. And you just take that next step you are probably going to get there eventually”
- “People are always the best investment of your money”
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