99 Deadly Business Mistakes Eric Edmeades

In this episode, Eric realized the importance of evaluating the people in his life and seeking advice from those who had walked similar paths before. Key Takeaways:Avoid the mistake of seeking too much advice, especially in times of uncertainty. Reaching out for every type of certainty can lead to confusion and conflicting opinions.The old saying holds true: "The man who wears two watches never really knows what time it is." Getting overloaded with advice can leave us feeling less certai...

In this episode, Eric emphasizes the significance of hiring individuals who bring different perspectives, skills, and passions to the table and He shares invaluable insights and practical tips on how to identify and hire superstars who will contribute to your business's success.Key Takeaways:Resonance and immediate connection in job interviews can be misleading indicators of a good fit.Hiring individuals who are too similar to ourselves can limit the diversity of skills and perspectives withi...

As entrepreneurs, our innate creativity and optimism can sometimes cloud our judgment, leading us to believe we are wiser than those around us. Eric shares anecdotes and thought-provoking insights that shed light on the importance of discerning when to heed advice and when to trust our own instincts.Key Takeaways:Entrepreneurs often possess creativity and optimism, which can lead to overconfidence and resistance to outside perspectives.Dismissing advice without considering its source can be a...

To truly trust our gut, we must recognize when we've been activated and pause, allowing us to regain clarity and make sound decisions. Through a simple exercise of standing, raising our arms, and taking deep breaths, we can calm cortisol production and restore trust in our gut instincts.Key Takeaways:Trusting your gut at the wrong time can hinder decision-making.When activated by anger, stress, fear, or concern, your gut prioritizes survival over your best interests.Cortisol and adrenaline, r...

In this episode, Eric shares his personal experience after buying a movie studio, he discovered the true power of the word "no." With a jam-packed schedule and everyone seeking his time, a dear friend made him realize that saying yes to everything meant he couldn't give anything the proper focus it deserved. Key Takeaways:Saying yes to too many opportunities can lead to overwhelming busyness and a lack of focus.The power of saying no increases as you become more successful in your ...

In this podcast episode, Eric shares a personal story of choosing the wrong location for a business venture, driven by personal reasons and a refusal to budge despite opposition. This inflexibility cost him valuable time and learning opportunities. Key Takeaways:Intransigence and stubbornness can hinder personal and business growth.Personal biases and refusal to adapt can lead to costly mistakes and missed opportunities.Recognize the importance of flexibility and openness to new ideas an...