Dreamcatchers Hosted by Jerome Myers artwork

People aren't My Problem, They are My Superpower with Ajit Nawalkha

Dreamcatchers Hosted by Jerome Myers

English - June 25, 2023 22:00 - 38 minutes - ★★★★★ - 24 ratings
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The people around you should be on your team, or else they will start to demotivate you.

Jerome welcomes Ajit Nawalkha, the Co-Founder & CEO at Evercoach by Mindvalley. He discusses the biological responses associated with selling a business, how to identify when it is time to sell, and the importance of getting mentorship and support from family and friends to stay motivated in achieving life goals. Ajit shares his experience selling his first company, a shipping and printing business in India, 12-10 years ago. 

In this episode, Ajit highlights that having a team of family and friends on your side is vital for success in any venture and that exits can be an emotional yet rewarding experience. This conversation digs into the different aspects of entrepreneurship and how a founder should think about building a successful product. He also emphasizes the need to understand the customer's needs and create something that will provide them value. Finally, he shares that fulfillment is a more significant driver than money, understanding our shadow desires is essential to achieve true happiness, and that human beings have a fundamental need for certainty and power. 

Tune into this episode to learn more about your superpowers!

[00:00 - 12:10] Ajit Nawalkha's Story of Successful Exits

Exits are premised on two common factors: being out of love with the company or building it to sell

The biological response to an exit is not as big as people think

Building a product that the customer loves is easier than building one you love

Focus on solving the problem, not the product

Measure opportunity by potential upside and new relationships, not just cash

[12:11 - 20:51] Living a Meaningful, Purposeful Life

Generosity should be based on how you want to live your life

Making money is easier than people think, but living a meaningful life is difficult

Growing up in India with limited resources motivated Ajit to create a better life

Ajit's goal was never to become rich but rather to be comfortable and have fun

[20:52 - 34:37] The Power of Teamwork 

Working with people can be challenging, and they don't always understand or follow through on tasks

Robots cannot do everything, and humans are necessary for success

To reach Ajit's, he needed to build a team of people who were excited about the same goal

Fulfillment is more significant than financial freedom

Human desires are more on connection, love, and contribution

[34:38 - 36:57] Closing Segment
Money does follow anything that is done with passion and purpose, and meaning

Quotes:

"It's all about the problem. What is the problem in the marketplace? What's the problem that you can identify as early as possible? Start creating a solution or start solving that problem as early as possible." - Ajit Nawalkha

"What is difficult to do is to live the life in the greatest alignment of yourself, which is why a lot of rich people report being unhappy and lonely." - Ajit Nawalkha

"If you want to live the most fulfilled life with your family, you need your family team to show up for you. Your wife needs to be on your team. Your kids need to be on your team. Your parents need to be on your team." - Ajit Nawalkha

Connect with Ajit!
LinkedIn: https://www.linkedin.com/in/ajitnawalkha/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Dreamcatchers is an inclusive organization that targets people's interest in being more instead of a certain demographic. We have people from all walks of life at many different ages. Find out more at www.dreamsshouldbereal.com. Find out more about Jerome at www.d3v3loping.com or www.myersmethods.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The people around you should be on your team, or else they will start to demotivate you.


Jerome welcomes Ajit Nawalkha, the Co-Founder & CEO at Evercoach by Mindvalley. He discusses the biological responses associated with selling a business, how to identify when it is time to sell, and the importance of getting mentorship and support from family and friends to stay motivated in achieving life goals. Ajit shares his experience selling his first company, a shipping and printing business in India, 12-10 years ago. 


In this episode, Ajit highlights that having a team of family and friends on your side is vital for success in any venture and that exits can be an emotional yet rewarding experience. This conversation digs into the different aspects of entrepreneurship and how a founder should think about building a successful product. He also emphasizes the need to understand the customer's needs and create something that will provide them value. Finally, he shares that fulfillment is a more significant driver than money, understanding our shadow desires is essential to achieve true happiness, and that human beings have a fundamental need for certainty and power. 


Tune into this episode to learn more about your superpowers!


[00:00 - 12:10] Ajit Nawalkha's Story of Successful Exits


Exits are premised on two common factors: being out of love with the company or building it to sell
The biological response to an exit is not as big as people think
Building a product that the customer loves is easier than building one you love
Focus on solving the problem, not the product
Measure opportunity by potential upside and new relationships, not just cash


[12:11 - 20:51] Living a Meaningful, Purposeful Life


Generosity should be based on how you want to live your life
Making money is easier than people think, but living a meaningful life is difficult
Growing up in India with limited resources motivated Ajit to create a better life
Ajit's goal was never to become rich but rather to be comfortable and have fun


[20:52 - 34:37] The Power of Teamwork 


Working with people can be challenging, and they don't always understand or follow through on tasks
Robots cannot do everything, and humans are necessary for success
To reach Ajit's, he needed to build a team of people who were excited about the same goal
Fulfillment is more significant than financial freedom
Human desires are more on connection, love, and contribution


[34:38 - 36:57] Closing Segment

Money does follow anything that is done with passion and purpose, and meaning



Quotes:


"It's all about the problem. What is the problem in the marketplace? What's the problem that you can identify as early as possible? Start creating a solution or start solving that problem as early as possible." - Ajit Nawalkha


"What is difficult to do is to live the life in the greatest alignment of yourself, which is why a lot of rich people report being unhappy and lonely." - Ajit Nawalkha


"If you want to live the most fulfilled life with your family, you need your family team to show up for you. Your wife needs to be on your team. Your kids need to be on your team. Your parents need to be on your team." - Ajit Nawalkha



Connect with Ajit!

LinkedIn: https://www.linkedin.com/in/ajitnawalkha/ 



LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.


Dreamcatchers is an inclusive organization that targets people's interest in being more instead of a certain demographic. We have people from all walks of life at many different ages. Find out more at www.dreamsshouldbereal.com. Find out more about Jerome at www.d3v3loping.com or www.myersmethods.com.



Learn more about your ad choices. Visit megaphone.fm/adchoices