AIE 140: There's More Than 1 Way to Be an Entrepreneur
Adulting Is Easy: Making Personal Finance & Real Estate Easy
English - August 22, 2023 11:00 - 32 minutes - 29.8 MB - ★★★★ - 7 ratingsSelf-Improvement Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Eric started his first business at 19 years old. He tried a bunch of different jobs before that, like factory work and landscaping, so he knew what he wanted out of a job. Turns out, freedom really is the best part of being an entrepreneur. You can start working at 5:30 am, or even start the day off with a walk! Eric takes issue with the quick entrepreneurship tips he sees online. Does $10k per month really mean success? Business owners need to have goals that make sense for them. Entrepreneurs should pick their head up from the grind and think at a high level and reflect. It’s hard work to keep from becoming complacent. For Eric, having his own business is all about being fulfilled, not growing for the sake of growth or trying to make the most money possible. An underrated tip is to understand the business financials, especially your margins. Perhaps the best part of the whole interview comes when Eric speaks directly to early entrepreneurs. Interestingly, he suggests learning about investing OUTSIDE of your business too. He also recommends having a line of credit as soon as possible for peace of mind. Learning how to use debt is important. Finally, and this is perhaps the most obvious one, is to show up every day. Be consistent. Don’t forget that your path through life isn’t linear.
If you liked this episode, you’ll also like 95, Entrepreneurship: Just Start.
About Eric:
Eric Bort is originally from Avon, Ohio, Eric started his company Clearly Trained in 1998 at the age of 19. Over the years, both the mindset and business grew to a bit of a tipping point where freelancers no longer worked, and he started hiring. Things happened, most of it magical, some of it stressful, and for 25 years word of mouth spread, jobs were completed, and customer service prioritized.
Connect with Eric:
https://www.linkedin.com/in/ericbort/www.clearlytrained.com
Connect with Lauren:
https://twitter.com/AdultingIsEasy
https://www.instagram.com/adultingiseasyreal/