Ruth King is well known as “The Profitability Master.” She is passionate about helping small business owners get profitable and stay profitable. Ruth is a serial entrepreneur having owned 8 businesses in the past 37+ years. One of her businesses, Business Ventures Corporation, began operations in 1981. Through Business Ventures, she coaches, trains, and helps contractors and others achieve the business growth and goals they want to achieve. She’s the author of the new book, Profit or Wealth? Simple Rules for Sustainable Business Growth
Entrepreneurial Role Models:
- Ruth’s Dad
- Margaret Thatcher
- Thomas Jefferson
- Socrates
When business started difficulties overcame:
“I think the majority of difficulties were cash flow. I wasn’t known so I had to do a lot of things just to make sure that people got the sense of who I was and be able to help them. I made probably every mistake you could possibly make. But I look at them as learning experiences more than anything else. There were a whole lot of people who didn’t believe I could do what I could do. My answer to that was watch me”…[Listen for More]
Favourite Books:
- Think and Grow Rich Book by Napoleon Hill
- The Law of Success: In Sixteen Lessons Book by Napoleon Hill
- Almost Alchemy: Make Any Business Of Any Size Produce More With Fewer And Less Book by Dan S. Kennedy
- Uncopyable: How to Create an Unfair Advantage Over Your Competition Book by Steve Miller
- Made to Stick: Why some ideas take hold and others come unstuck Book by Chip Heath and Dan Heath
- Never Split the Difference: Negotiating as if Your Life Depended on It Book by Chris Voss and Tahl Raz
- Click the following link to listen to the Chris Voss podcast episode on The Entrepreneur Way
Favourite Quote:
“pick yourself up, dust yourself off and keep going” Ruth’s Dad
Recommended Online Resources:
- Peter Diamandis
- Archangel Academy – The home for Gifted, Superhero, and Mission Driven Entrepreneurs. Archangel is a global movement, platform, and community. They believe that mission-driven entrepreneurs are modern-day superheroes. They are the ones responsible for solving the world’s biggest challenges.
- Small Business Marketing – Magnetic Marketing. Discover Magnetic Marketing to see where small businesses go to learn powerful, straightforward marketing strategies proven to get more leads and make more money.
Best Advice to Other Entrepreneurs:
“the entrepreneurial journey is not straight line it is up and downs. If you are passionate about where you want to go, if you understand your reasoning and you know why you want to get there when the tough times happen which they inevitably do you pick yourself up, you will dust yourself off and you will keep going”…[Listen for More]
More About Ruth King:
Neil’s Quote at the Beginning:
“Before everything else, getting ready is the secret of success.” Henry Ford
Other Quotes From the Chat with Ruth King:
- “don’t do stupid stuff. I am jokingly saying that but, in all reality, learn as much as you can.”
- “Had I known what I knew about the financial side of business, and that’s properly why I went back to school and I got my MBA even though I don’t use most of that in what I do but it gave me a structure to really understand the financial side of business. And that would have shortcut ted a lot”
- “picking yourself up, dusting yourself off, keep going when all the crap happens. And if you think crap is not going to happen it does. There is no business owner who has the perfect business where everything goes perfectly. It does not happen. So, you’ve just got to keep going. You got to live with the risk, you’ve got to feel comfortable with the risk, you’ve got to feel comfortable making those really tough decisions.”
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