Building a Business: The Importance of Vision and Planning
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Description
Richard Walsh, CEO of Sharpen Spear Coaching, shares his journey and insights on business and life. He discusses his diverse background and the drive that pushed him to pursue varied interests. Richard emphasizes the importance of resilience and staying in the fight to achieve success. He also talks about his bestselling book, 'Escape the Owner Prison,' which provides a guidebook for business owners to achieve work-life balance. Richard shares the concept of the five F's (faith, family, finances, fitness, and friendships) and how they contribute to a balanced life. Richard Walsh, CEO and Author, shares his personal journey of building a successful business, experiencing a collapse, and starting over. He emphasizes the importance of having a clear vision and plan for your business, as well as an exit strategy. Walsh also highlights the value of doing hard things and continuously learning and growing. He discusses the role of storytelling in building connections and getting buy-in from people. Walsh offers advice for aspiring entrepreneurs, including the need for dedication, commitment, and seeking help from mentors or coaches. He concludes by sharing his legacy goal of raising his children with strong character and faith. Sound Bites "You can sign the back of the check or you can sign the front of the check." "I really just wanted to be told I'm awesome. I did great work." "Resilience is huge. You're always going to run into hurdles, setbacks, but you just have to push through and believe in yourself." "I needed that, right? So success and you never saw me without the work shirt on the hat. The truck is all wrapped, everything, everything it was is who I am." "That was the turning point. That's what changed my entire attitude on what business is." "I sold everything. I burned all my uniforms. I'm like, never going back. This is never going to own me ever again."
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