• Building a Business in a Risk-Averse World: Insights from Scott D. Clary | Ep 82

  • Jul 31 2024
  • Duración: 56 m
  • Podcast

Building a Business in a Risk-Averse World: Insights from Scott D. Clary | Ep 82

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  • As an entrepreneur, committing to long-term goals is similar to setting your sights on the summit, knowing each step brings you closer to the peak. Despite growing up with parents who were not entrepreneurs, Scott Clary found himself drawn to the unpredictable world of startups and entrepreneurship. Scott examines the illusion of job security, the importance of strategic risk-taking, and the power of persistence. Learn how Scott addresses burnout, builds trust, and the tactical steps he takes to grow his community. In this episode, you’ll also hear: 10-Year Rule and long-term commitment Managing the toxic side of entrepreneurship Fostering a supportive team environment Must-listen moments: [00:11:08] You want to stay in the game for ten years minimum, or at least position yourself in your head to think, if I'm going to do this thing, I'm going to stick with it for ten years. Because what that does is it forces you to think long term. [00:38:43] When you set yourself a deadline to not be working in the business for 24 hours a day, then you are forced to start to hire, to delegate, to build systems, to build processes, SOPs that will allow you to remove yourself from the business eventually so that it can continue on and you can start to craft a lifestyle as opposed to just committing more and more time for the rest of your life. [00:44:47] Nobody knows how your business is running like the people that are actually building your business. And you may think you know everything that's happening, but there's always some mess…hopefully you create a psychologically safe environment for the people to tell you about it before it gets too big. When life’s obstacles feel like insurmountable mountains, it’s easy to get stuck in a rut. The Everest Challenge is tailored to jolt you out of your comfort zone, giving you the tools to conquer life’s peaks and valleys. This is about shifting your focus from what’s holding you back to what will propel you forward. Join the virtual group 40-day Everest Challenge. Wanna Follow along? See Jenn Drummond’s latest posts on: YouTube: www.youtube.com/@jenndrummond Seek Your Summit Podcast: Instagram: https://www.instagram.com/thejenndrummond LinkedIn: https://www.linkedin.com/in/jenn-drummond/ TikTok: https://www.tiktok.com/@thejenndrummond Connect with Guest, Scott D. Clary: Scott is an entrepreneur, investor, author and podcaster. He is the Founder & CEO of The Social Club, a highly vetted, private members community of entrepreneurs, investors, and executives, the host of the Success Story podcast. Website: https://www.scottdclary.com/ Instagram: https://www.instagram.com/scottdclary Podcast: https://www.successstorypodcast.com/ Newsletter: https://newsletter.scottdclary.com/ Youtube: https://www.youtube.com/@scottdclary Audio/video editing and show notes by Podcast Abundance. Find out how they can help you too by visiting www.podcastabundance.com/services
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