Henry Daas is a 30-year entrepreneur turned business and finance coach. He is also the author of FQ: Financial Intelligence.
Entrepreneurial Role Models:
- Steve Jobs Co-founders of Apple
- Steve Wozniak Co-founders of Apple
When business started difficulties overcame:
“when I first started my business I started as a side hustle which is a pretty classic route for a lot of entrepreneurs… I started this business is what I call an accidental business. A friend of mine said he needed to source some computers, some Macs, he was having trouble… I said I can do that and I did it. And then he fed me another job and another job. After 18 months I had done $600,000 worth of business”…[Listen for More]
Favourite Books:
- The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail (Management of Innovation and Change) Book by Clayton M. Christensen
- One Up On Wall Street: How To Use What You Already Know To Make Money In Book by Peter Lynch
- Save the Cat: The Last Book on Screenwriting You’ll Ever Need Book by Blake Snyder
Favourite Quote:
“Better to remain silent and be thought a fool than to speak and to remove all doubt” Abraham Lincoln
Recommended Online Resources:
- Pocket – When you find something you want to view later, put it in Pocket
- Medium – where words matter. Medium deliver’s the best stories and ideas on the topics you care about most straight to your homepage, app, or inbox.
- Mix is a new personalized discovery platform that unlocks more of the internet you care about.
Best Advice to Other Entrepreneurs:
“your twenties is for experimentation. Go out, don’t worry about failing. I have a saying, it’s only a failure if you didn’t learn something from it… Use that time, use it wisely. Corporate America is a great training ground for free knowledge… So, do that and build up all of that knowledge base and learn that experience about what the corporate world is like and then start your entrepreneurial journey… It’s one of a thousand different ways you can become an entrepreneur. The most important thing is become an entrepreneur because we need you, the world needs you, you are doing a public service by becoming an entrepreneur”…[Listen for More]
More About Henry Daas:
Neil’s Quote at the Beginning:
“Brands mature over time, like a marriage. The bond you feel with your spouse is different than when you first met each other. Excitement and discovery are replaced by comfort and depth.” Gary Vaynerchuck
Other Quotes From the Chat with Henry Daas:
- “getting advice and getting coaching was certainly had been a way to shortcut the learning curve”
- “the thing about experience is you have to experience”
- “it takes a kilo of pleasure to equal a gram of pain”
- “in my little five reasons businesses fail, number five is confusing passion with commitment. I think while passion is wonderful in most arenas… But ultimately it is commitment that is going to get you through the day because there are going to be days as an entrepreneur that are going to suck… So be prepared for that… there’s nothing you can do sometimes you are just going to have to work your way through it, there’s no playbook, there’s no rule book but if you are committed to your business you can pretty much get through anything”
- “you have to craft your message. Message is key… What is it that you are telling the world about you and your company?”
- “there is a time to speak like when you are on a podcast and someone asks you a question and there is a time to be silent… We have to be active listeners as coaches it’s not all about thinking about what you are going to say next, quite the opposite. So, you need to learn to listen because everything that you need to know is kind about their you have just got to absorb it. Sometimes we get so carried away with talking and trying to get what I call the show up and throw up when people go on a sales call… They just show up and throw up everything about their product and they expect you to buy and don’t let the client get a word in edgewise. Try to flip that switch and get as much information and then be thoughtful about what you share with them”
- “being an entrepreneur is really, really hard. Don’t make it any harder than it needs to be”
Leave a Reply