Why I Shut Down a Multi-Million Dollar Business to Solve the ‘Entrepreneur’s Dilemma’

From massive debt to millions: Scott Oldford’s wild journey to help entrepreneurs exceed seven figures. September 18, 2018 10 min read Opinions expressed by Entrepreneur contributors are their own. Scott Oldford has been a million dollars up and down. In just a few years, he created a seven-figure business to get himself out of six-figure debt. Then he quit it all to serve a higher purpose, relearning who he was, and finding the love of his life along the way. Blowing up the business. Oldford owned multiple companies by 19-years-old. But despite his wild success, he suffered a major setback at age 21 which put him almost a million dollars in debt. Oldford clawed himself out by building several businesses using his secret sauce: online lead generation. Oldford’s business was earning $300,000 to $400,000 per month. He taught his methodology to other six- and seven-figure entrepreneurs via information products and […]

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9 Top Entrepreneurs Share How They Pick Which Masterminds to Join

What to look for, what to avoid, and how to make the most of your investment. September 13, 2018 9 min read Opinions expressed by Entrepreneur contributors are their own. Mastermind groups provide advice, connections, and support that can transform your business. But new ones seem to pop up every week, often with hefty price tags. These business masterminds and advisors from The Oracles share how to discern whether a group is worth your time and investment—and how to maximize your ROI once you join. Dean Graziosi Image credit: The Oracles 1. Think of yourself as a gold miner. Masterminds have been one of the biggest influences in my business and personal life. Don’t go into it worrying about whether you will get your money’s worth or thinking this will solve every obstacle you’re facing. Instead, think of yourself as a gold miner sifting through all the information. Look for […]

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How Amy Novakovich Is Making the Financial Industry More Transparent

One woman’s journey to making a difference every day–from selling ice cream to raising four kids. September 12, 2018 7 min read Opinions expressed by Entrepreneur contributors are their own. In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Amy Novakovich, CFP(R), CRPC(R), and CEO of Nova Wealth Management, which serves businesses, families, athletes, and entertainers. It was condensed by The Oracles. What was a defining moment early in your life?  Amy Novakovich: At age 11, I had the opportunity to sell ice cream at a rodeo in my small town in Wisconsin. I remember thinking, “Wow, I can have all the ice cream I want!” After a few hours of being on my feet in the heat and loud noise, I was so miserable that the immediate gratification of the ice cream wore off. I remember feeling like it would […]

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Traditional Networking Is Dead. Instead, Build a Community That Connects People.

How one weekend boot camp aims to build a lifelong business community. August 30, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. Eighty-five percent of jobs are filled through networking, yet traditional networking events can be cringeworthy ordeals. From impersonal talks to anxiety-inducing meet and greets, it’s rare that long-term, impactful relationships are forged. Enter Survive and Thrive Today, the brainchild of serial entrepreneur Sachin Narode, assisted by business award-winner Marva Allen, and venture capitalist Swatick Majumdar. In its second year, this weekend-long boot camp invites mission-driven entrepreneurs to trade conference rooms for comfortable wood cabins. There, they collaborate with investors, partners and mentors in an intimate, outdoor environment. It’s interactive, it’s purposeful and it’s the new way to build a community while networking. Majumdar knows about the struggle of networking while bootstrapping. “As a venture capitalist, mentor and advisor to several startups, I’ve witnessed the trials and tribulations […]

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8 Strategies to Becoming a Badass CEO

C-Suiters share their secret sauce for exceptional leadership. July 17, 2018 8 min read Opinions expressed by Entrepreneur contributors are their own. Imagine a world where everyone woke up feeling inspired to go to work. Unfortunately, many businesses are a toxic blend of apathy, political paranoia, and self-interest. Eight CEOs and members of The Oracles share their number one strategy for building and leading an elite, peak-performance team. Dottie Herman Image credit: The Oracles 1. Inspire the ordinary to become extraordinary. Very few of us have so-called “dream jobs,” like being a rock star or a professional athlete. Most jobs are pretty ordinary. So, how do you maximize the contributions of each employee—especially if they’re feeling apathetic, burned out, or unimportant? Traditional leadership styles are centered around control. Managers set expectations and then check to see if they’re met. However, that kind of top-down leadership ultimately isn’t effective. In today’s […]

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5 Leadership Lessons from a Founder Who Built Her Empire from Nothing

How Gail Corder Fischer smiled and dialed her way to the top. June 7, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. Gail Corder Fischer is the co-founder and executive vice chairman of Dallas-based Fischer & Company, the go-to real estate firm for global Fortune 500 companies like FedEx and IBM. But this member of The Oracles wasn’t born a real estate mogul—quite the opposite. In her own words, Corder Fischer got her start at 14-years-old as a “French fry girl at McDonalds.” By 15, she’d discovered a “knack for sales” from selling carpet cleaning services over the phone. Without instruction, Corder Fischer took her boss’s sales script, opened the Yellow Pages, and started dialing for dollars. One could say she was the original robocall. Gail Corder Fischer, co-founder and executive vice chairman, Dallas-based Fischer & Company. Image credit: Michael Weschler In the male-dominated world of […]

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Rob Kosberg on How to Create Content That Drives Business Results

May 21, 2018 6 min read In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Rob Kosberg, CEO and founder of Best Seller Publishing, a company that helps experts position themselves in their marketplace with a bestselling book. It was conducted and condensed by The Oracles. 1. Who was your biggest influence growing up? My first mentor was my dad. He was an entrepreneur with his own real estate company and taught me the value of hard work. At 18, I started selling real estate and didn’t know anything. Dad took me aside and said, “To be successful, arrive at the office at 7 a.m. every morning, print out the expired listings, get the newspaper (remember, this was pre-internet) and get on the phone by 8 a.m.” I followed his advice, calling every expired listing all day, every day. By my […]

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