Episode 93 - An Interview with Trevor Mauch

Entrepreneurs are Visionaries

[10:50]

Trevor believes that often, entrepreneurs are the visionaries or quickstarts—once they go into operation mode, they get bored. He doesn’t want that to happen to his company, and thus, he ensures to innovate to make the business exciting for him again.

[11:22]

Trevor shares a great story about his client scaling his business from zero to millions.

Delegating Duties

[13:00]

When you earn millions, Trevor explained that you need to have a delegating strategy on things you don’t want to be actively doing. He further explained that things get harder on this part where, without someone to delegate the task, and you do it hands-on, you get distracted and burn out.

Entrepreneur Freedom Formula

[16:04]

Trevor explained the entrepreneur freedom formula and how it is the core model of his company. The entrepreneur freedom formula centers around building a business of freedom and impact. He argued that being a lifestyle business is not bad for a period of time, and it’s all about what you have in the plan after it. That’s where the entrepreneur freedom formula kicks in.

[18:17]

Hustling and grinding is not long-term business strategy. Trevor explained that people should always remember it because “gears grinding for a period of time whittle and break down.” He further elaborated that even if you start earning good money and you enjoy them, it’s still incomplete without the true purpose of why you are doing it in the first place.

Vision Story

[24:37]

Trevor shared his Vision Story and why it matters. His vision story highlighted the importance of having to look so far ahead. Looking 20 years ahead is excellent for him to answer questions like, “What is my role? Am I still in business? What am I doing at that point?”

[31:14]

Trevor explains that entrepreneurs frequently run away from the businesses they grew. Either because they don’t like it, they hit the income ceiling, or they believe they are incapable of achieving something big. However, when you obtain consistent profit, you start running towards something new.

[32:14]

The bigger your goals, the longer the runway that vision needs to be. You lose the runway when you start losing that motivation and energy to move forward. That’s where the entrepreneur freedom formula comes in. What do you need to delegate to buy back your time to get more energy?

[33:45]

Figure out what gives you that purpose and build a consistently profitable business based on a good marketing strategy. Build that team, buy back your time, and start embedding the purpose of your business. Through it, you’ll lengthen the runway every three to five years.

Conclusion

[36:40]

Trevor explained the benefits of joining a mastermind. You have access and the privilege to talk to someone who’s three-step ahead and behind you. You’ll have a bird’s eye view of where you are currently as an entrepreneur. Talk to people who bought their time back through the entrepreneur freedom formula and see how you can employ it in your business to move a step forward to success.

Links:

Kent Clothier

Instagram: http://www.Instagram.com/kentclothier

Tik Tok: http://www.TikTok.com/@kentclothier

Join The boardroom Mastermind: http://www.Theboardroommastermind.com

Trevor Much

LinkedIn: https://www.linkedin.com/company/getcarrot/

  https://www.linkedin.com/in/trevormauch/

Website: https://www.trevormauch.com/

  https://carrot.com/

Twitter: https://twitter.com/tmauch

Facebook: https://www.facebook.com/thetrevormauch

Instagram: https://www.instagram.com/trevor.mauch/