The 5 Biggest Mistakes I Made in Business

In today’s episode of the Scale Up Your Business Podcast, Nick lets you in the 5 biggest mistakes he had made in business, so you don’t have to make them!

Make sure you’re all ears because even the littlest mistake will create a delay or even a diversion from your business plans. Nick discusses the importance of influence, empathy, and belief systems among others especially if you’re just climbing yourself up yet. 

Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.

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KEY TAKEAWAYS

Not appreciating the power and the importance of influence. Nick admits that he was not great at it at first. But he listened to every feedback, thought about reasons behind it, and changed how he acts around people. Operating like a gold-driven machine – basically leading teams – versus using the magical tools of engagement and empathy. You have your goal to stand out, be high-performing, and be wealthy. We’re not going to change that. What you have to put in mind is the importance of empathy. Empathy is needed when you’re on your way up to build your network and when you’re trying to build an empire with a team. You can’t ever fake it. Allowing self-limiting beliefs to affect my confidence and conviction. Stop pushing yourself into a belief system you’re not comfortable with. Acting confident and high up at first might hurt you and your career if you’re not able to put up with what you’re capable of. Underestimating the power of marketing. It’s your voice that gives you the brand and the personality. Utilise social media – create compelling content, build a following, and increase your sales. Hiring people based on aptitude versus attitude//Failing to fire people quickly enough If you have someone on your side who’s willing to learn, take in feedback, and perform better, despite the lack of aptitude, don’t lose him. They’re going to serve you better. And, when a person’s not a right fit, make the decision to cut them off.

BEST MOMENTS

“If you can influence, you can sell. If you can influence, you can engage your team. If you can influence, you can pitch to invest.” “The one thing I can say about empathy is you can’t fake it.” “Don’t go out there and turn it into a sales methodology. There’s nothing worse than reading a post on LinkedIn and hits you up with a terrible close at the end of it.” “If you should, you must.”

VALUABLE RESOURCES

Scale Up Your Business Podcast: Presenting, Persuading, and Winning Deals | Apple | Omny Influence: Science and Practice by Robert Cialdini Crushing It! How Great Entrepreneurs Build Their Business and Influence – And How You Can Too by Gary Vaynerchuk

ABOUT THE HOST

Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.

His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.

His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact. 

CONTACT METHOD

Nick’s Facebook page: https://scaleup.vip/FB  
Nick’s LinkedIn: https://scaleup.vip/LI  
Nick's Instagram: https://scaleup.vip/IG  
Scale Up Your Business, coaching/consulting: https://suyb.global

 

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