Chad Sakonchick is a serial entrepreneur and automation expert. He believes strongly that humans should do things humans are good at and robots should do things robots are good at. His most recent business is BetterLegal, where he is automating the professional services arena.
Entrepreneurial Role Models:
- Steve Jobs Co-founder of Apple
- Sir Richard Branson founder of Virgin
When business started difficulties overcame:
“Always been looked at as the troublemaker. I think there is a lot of entrepreneurs out there that probably feel the same that … Before you are in charge you are viewed as just an annoyance”…[Listen for More]
Favourite Books:
The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It Book by Michael E. GerberFavourite Quote:
“You can’t connect the dots looking forward; you can only connect them looking backward. So, you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life” Steve Jobs Stanford Commencement address
Recommended Online Resources:
- Twitter. It’s what’s happening. Frhttps://traffic.libsyn.com/secure/theentrepreneurway/2013_Creating_the_Shopify_of_Business_Formation_Services_with_Chad_Sakonchick_Founder_and_Co-Owner_of_Betterlegal.mp3https://traffic.libsyn.com/secure/theentrepreneurway/2013_Creating_the_Shopify_of_Business_Formation_Services_with_Chad_Sakonchick_Founder_and_Co-Owner_of_Betterlegal.mp3om breaking news and entertainment to sports and politics, get the full story with all the live commentary.
- Reddit gives you the best of the internet in one place. Get a constantly updating feed of breaking news, fun stories, pics, memes, and videos just for you.
Best Advice to Other Entrepreneurs:
“a formula for building your business… If you are starting a business, you should develop and then market, and then develop and then market. And do equal parts of both because… Too many people think that their service is better, their product is better, and that might be true. I know ours is but it is not out there enough. And so, if you are starting from scratch, it should be… And develop doesn’t have to be software it can be developing processes, developing what your services look like or your culture. But develop in equal amounts as you market. And make sure that you do as much marketing as you do development because if you don’t tell anybody, if you don’t get that out there then it doesn’t matter how much time you spend on the development part”…[Listen for More]
More About Chad Sakonchick:
Neil’s Quote at the Beginning:
“When you know your worth, no one can make you feel worthless.” Unknown
Other Quotes From the Chat with Chad Sakonchick:
- “For me it is always going to be marketing earlier and learning different channels to market and exploring different marketing channels early and just pouring fire on what works”
- “There is this fallacy that probably every entrepreneur falls into including myself which is if you build it, they will come. And that is just not true. You can build the best widgets on the planet but if nobody knows about it, they are not going to come. There are those instances with network effects, things like Facebook or the iPhone that are just going to spread like wildfire because people talk about it, we are very social animals. But in most businesses… Those are few and far between those types of businesses where people are just going to talk so much about a product or service that it’s going to spread like wildfire. You are probably not going to be one of those businesses and if you are kudos to you. Congrats you stumbled upon something that is very hard to find. But you are going to need to do the marketing and you are going to need to figure out how to get as many people to know about your product or your service with as little effort as possible”
- “I don’t think there are any secrets. I think everybody is different and every person is unique and they are going to learn their own things. So, I would say the secret is to be open to learning and uncovering the business that is trying to tell you that exists that’s there. And just being open to trying new things, getting out of your comfort zone and iterating and do some development and do some marketing. Iterate, development, marketing. And so it is less of a secret and more of just a kind of a maze that you’ve got to figure out piece by piece”
- “I live and breathe this business so much”
Leave a Reply