Ryan Stewman, aka Hardcore Closer, offers the top 4 tactics for making the transition.
Ryan Stewman, aka the Hardcore Closer, has never had a salaried job. He was adopted at age 7 before dropping out of school at age 16. That was the beginning of his interesting entrepreneurial journey.
Success has afforded Stewman the opportunity to do what he loves whilst driving his favorite car, a Maserati Ghibli. He finds immense fulfillment driving clients to remove the ceiling in their business to accelerate on the highway leading to business success.
Accelerate Your Business
1. ‘What’s Next’ Mentality
Stewman knows exactly what it is like to hit rock bottom and never wants to return. His daily mantra is adopting a forward focus at all times.
Have a ‘What’s Next’ mentality and possess bucket loads of confidence.
Through his work he noticed many entrepreneurs give away their power by allowing others to use what they have done in the past against them. Whether it was unsavory previous relationships, money challenges, sex or drug scandals, or family history. Stemware’s advice is ‘Don’t turn around’.
To be successful in business and life you need to forget the skeletons that live in your closet. If you live with regret, you are living in the past. Leave those that want to live in the past in the closet along with the skeletons and lock the door.
Do not allow anyone to have something over you. The truth always finds a way. Unfortunately, the past is not one of those things you can control nor can you control the behavior of others.
2. Double Down
Double down by reinvesting back into your business. For example: Obtain a loan from the bank to invest in technology, hire a professional sales person, double down the money you would normally spend each month to obtain more high quality leads.
It is easy for entrepreneurs to become too emotionally involved, have their blinders on and get caught up in the day-to-day actions. This results in a lack of clarity leading to incorrect decision making and utilization of the right strategies.
Stewman explains that there are two types of entrepreneurs:
A. Entrepreneurs that withstand growth
The first type of entrepreneur is similar to Stewman. Comfortable with growing at an accelerated rate and possess a high risk tolerance. High risk takers scale their business at an exponential rate.
Experts at removing the ceiling of what is possible in their business by investing in themselves and their business. The amount these entrepreneurs spend on their business would frighten others.
B. Entrepreneurs that reach an upper limit of growth
The second type of entrepreneur reaches a certain level in their business before becoming too afraid. Concerned with making mistakes, they hover at the same level, limiting their personal and business growth due to limited risk taking.
They play it safe and stay small. The irony is that their thoughts create their reality. They do make mistakes and often move backwards rather than forwards.
A situation is often clearer to experienced professionals than the entrepreneurs working on or in their business. This may mean you miss important signs or valuable information along the way. To accelerate your personal growth, seek the professional advice of a successful mentor, consultant or coach.
Mentors, consultants, and coaches are necessary to help you see what you can’t see. Prior to engaging a professional, do your research and ensure they have a proven track record to help you achieve your specific goals.
4. Give up Control
Many entrepreneurs can relate to this point, as it is a common issue amongst entrepreneurs and management in organizations worldwide.
‘How do I give up control?’
Entrepreneurs who are control freaks set themselves up for failure. Inevitably, it prevents you from delegating tasks to build a successful team.
When you become the CEO, the focus turns to the longevity of the business and concentrating on business growth and profitability. This can be achieved by raising capital, team engagement, joint ventures, and working with partners or investors.
Soar to new heights in your business by gathering your courage and confidence. Watch your daily life shift dramatically as you appreciate the beauty of working with a team when you move from a solopreneur to CEO.
This article was first published in Inc.com