How to Actually Make Progress and Grow Your Business—A Conversation with James Wedmore

James Wedmore: Commitment, and people toss this word around, oh, I’m committed Pat, I’ll tell you, I’m committed. Committed is not when I feel like it and when it’s convenient and when it’s not scary. Commitment is whatever it takes. And so when— Pat Flynn: Ooh, such powerful stuff we’re discussing today with my good friend James Wedmore, host of the Mind Your Business Podcast. He says that hustle and hard work are not essential ingredients for success. Success is created by mindset over strategy. And when it comes to who we want to be and how we can get to where we want to go, the biggest thing is the mindset. And how often do we say that we’re going to do something yet we don’t follow through? How often do we throw that word, “commitment,” around, I’m committed to doing this, whether it’s in our business for our […]

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The Psychology of Money and Wealth with Ramit Sethi

Pat Flynn: So I like to mix things up here on the Smart Passive Income Podcast. This is a very different kind of episode, you’re going to be transported to the city of New York. I actually conducted a walking interview, through the city of New York, with a good friend of mine, Ramit Sethi. I was in New York for some interviews and to meet some people and some retailers, related to the SwitchPod. And I was there with Caleb and he said, why don’t we just try this thing? And so we did it, it’s a learning process. You’ll hear at the beginning of the episode, my mic was a little bit hot because I was holding it close to me. You’ll also probably hear how cold I was. I was losing my breath a little bit, because it was twenty-five degrees Fahrenheit. Which for me, being from […]

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SEO and Business Growth Today with Glen Allsop

Glen Allsop: I am so happy you asked me that. So let’s just say, if a no-name person, no one you’ve ever met, no one you’ve ever contact with, somehow got to get in front of you, if it was a Twitter DM or an email, and they said, “Hey Pat! I’m friends with Casey Neistat and I would love him to kind of promote what you’re working on.” You do not care who they are, what kind of relationship you’ve had with them in the past, you are responding to that message. Pat Flynn: One hundred percent. Glen: So, they’re— Pat: You’re listening to one of the several amazing strategies that our special guest today has mentioned on this particular episode. Pat: This is Glen Allsop, formerly from viperchill.com, although I think he still has that website. You may remember that name from episode 3. Yes, episode 3 of […]

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Staying Positive and Building a Business That Matters with Marc and Angel Chernoff

Marc Chernoff: When it comes to growth personally and professionally, discomfort is really the key to the growth that you ultimately want for yourself. So do something every single day that challenges you, or scares you, just a little bit, right? You know, you don’t have to go crazy, but . . . Pat Flynn: You’re listening to Marc Chernoff, who is here with his wife, Angel, and they’re going to be talking about some of the biggest discomforts that they’ve had in their life that have helped push them forward into a very successful business, helping hundreds of thousands of people. You’re going to learn about how they got started in business and kind of accidentally fell into this business, how long it took for them to monetize, what they monetized with, it is actually a lot simpler than you might think. You’re going to discover how they dealt […]

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Top 5 Major Business Mistakes Entrepreneurs Make

Pat Flynn: Look, we all make mistakes, and making mistakes is a part of being an entrepreneur, but the problem is when we make the same mistakes over and over again, and we see other peoples make those mistakes, and we do them anyway. This particular episode, I’m going to teach you five major mistakes that new entrepreneurs make, no guests in this episode, just you and me having a conversation, and listen to the intro, here we go. Announcer: Welcome to the Smart Passive Income Podcast, where it’s all about working hard now, so you can sit back and reap the benefits later. And now your host, when he wants to learn something, he hires a mentor to save him time, Pat Flynn. Pat: What’s up and welcome to session 390 . . . no 369 of the Smart Passive Income Podcast. Thank you so much for joining me […]

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Why Staying Small Is the Next Big Thing with Paul Jarvis

Paul Jarvis: For me, it’s always, I want a business that supports my life, not a life that supports my business. So I don’t want to Elon Musk things and work eighty hours a week and sleep on a couch in my office. I want to work thirty-ish hours a week and enjoy the rest of my time. As long as I make enough money to cover that, put money into savings and all of that, I feel good. I don’t need to . . . Working awards ten times more than that wouldn’t serve me, wouldn’t serve my life in any way. I don’t think it would serve my customers, even. Pat Flynn: I recently read a really interesting book, it was called Company of One, Why Staying Small Is the Next Big Thing for Business. When I was initially going to read it, I was thinking about the […]

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How & When They Grew Their Team

Take your business to the next level by making your first hire! Learn from 20 entrepreneurs who reveal their first hire story today on the blog! Pat Flynn April 1, 2019 Ah, your first hire. When you’re just starting out, it can be tricky to know when it’s time to start building your team. The key, my friends, is to remember that you can’t do it alone—and that it’s okay to start small. Like many entrepreneurs, I started out working with contractors for things like building iPhone applications, copywriting, and web design. But a couple of years in, as I was building new passive income streams, I realized I could use help with things like building websites and creating backlinks. Even though I enjoyed doing those things, they probably weren’t exactly the best use of my time. So I started using sites like Elance and Odesk to find help for a few […]

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SEO Simplified with Tim from Ahrefs

Pat Flynn: S-E-O, search engine optimization, simplified. That’s what we’re going to be talking about in this episode today. You know, SEO is a big topic. There are people who make their living by helping websites rank higher and teaching SEO. We’ve had a number of people on the show before talking about SEO strategies. And every once in a while, I love to bring somebody new on to give us a perspective on SEO and where it is now. And when I was thinking about, okay, who can I bring on? You know, there were a lot of names that popped in my head. But I wanted to also invite a person on who is behind a tool that I use for SEO purposes and research, both on YouTube and on Google. And this is Tim Soulo from Ahrefs. Ahrefs is an amazing and very powerful tool; I still […]

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10 Podcasters Who Grew Their Business on Top of Their Show

In this post, ten podcasters who grew their business on top of their show share how they did it, from podcast ROI to podcast Kickstarters and more! Pat Flynn March 11, 2019 Podcasting isn’t just a hobby for people anymore. For many, it’s about business growth and profit. In this post, I’m going to share several examples of how different people have used their new podcast to either grow an existing business or start a brand new one. When I started podcasting in 2010, I wasn’t ready for the kind of positive results it would have for my brand. It didn’t happen overnight, but relatively quickly, my podcast began helping me extend my reach, increase my authority, and grow my income. In a survey I conducted in 2012, for example, I learned that the Smart Passive Income Podcast was the #1 way my audience discovered me, ahead of links on […]

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10 Timeless Business Lessons I Learned During My 7-Year Agency Career (And Why I Sold Mine)

Matt Gartland, CFO and COO at SPI, shares 10 timeless business lessons, from the importance of your people and culture to why ideas alone don’t make a business. Matt Gartland February 25, 2019 By: Matthew Gartland, Chief Operating Officer and Chief Financial Officer at SPI. If you haven’t heard the news, something special is happening here at SPI. The team has officially forged as one. We’re upping our game with smarter and bigger plans for the future of SPI. (Hello, FlynnCon1!) And all of us as the collective “Team Flynn” community are invited to have a louder voice than ever to help empower entrepreneurs from all walks of life to create a lasting impact with their work. Personally, I couldn’t be more excited to press start on this new chapter! As Semisonic made famous during my youth, “Every new beginning comes from some other beginning’s end.” Ends are bittersweet. This […]

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How to Build a Business You Enjoy Even with Little Time—with Dana Malstaff

Dana Malstaff: So he sends me this article and it’s called “The Heroine’s Journey,” and it’s hilarious. I’ll see if I can find the link and send it to you. So it basically is, hey there’s the hero’s journey, well nobody talks about the heroine’s journey. Pat Flynn: I love this. Dana: “The Heroine’s Journey” is literally a woman that goes, “I’m sorry, what journey are we talking about? I have to feed the kids and take them to school and cook everybody dinner and make lunches and do the laundry. I don’t know what journey you’re talking on, but no one’s got time for a hero’s journey on this end.” So”The Heroine’s Journey” is, “I ain’t got time for a journey.” Pat: You’re listening to Dana Malstaff, the founder of Boss Mom who is our special guest today. She leads an amazing, engaged and very large community of moms over […]

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How to Build a Software Company—the Story of JungleScout with Greg Mercer

Pat Flynn: Some of the most interesting stories here on The Smart Passive Income Podcast are stories behind how certain software companies have come to be. We’ve had Clay Collins, who was introduced in Episode 78. We’ve had Nathan Berry on the show to talk about how he bootstrapped ConvertKit. And now today we have an amazing story behind JungleScout—that is a analytical tool . . . an analytical tool—that’s kind of hard to say—for people who are doing business on Amazon. It helps you do keyword research and understand competition and potential sales, numbers for various product that are on there. And if you’re doing any sort of business on Amazon, you probably want to know about it if you don’t know already. And today I’m going to be interviewing and getting the origin story of this piece of software that has grown so big, and I just love […]

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A Huge Announcement (& Lessons on Evolving Your Business)

Today we have a very special and important announcement from ConvertKit’s founder Nathan Barry, who’s here to talk about how to evolve your business by making critical decisions and getting uncomfortable . . . which ties in perfectly with the big news that Nathan’s about to drop. Stay tuned! [Full Disclosure: I’m a compensated advisor and an affiliate for ConvertKit.] Last time I had Nathan on the show (Session 244) we talked about how he bootstrapped ConvertKit from nothing into one of the best email service providers out there (the best email service provider out there, in my opinion). And actually, Nathan was on the show all the way back in Session 75 (!) talking about how he was making six figures by self-publishing books. ConvertKit reached an incredible goal recently, hitting $1 million a month in monthly recurring revenue. If you want to read more about how Nathan got […]

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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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SPI 316: The Art of Scaling with Nathan Chan from Foundr

How do you take an idea and grow it into a six-figure business, a multiple six-figure business, and then scale it to a multiple seven-figure business? That’s what we’re talking about with today’s special guest: Nathan Chan, founder of Foundr Magazine. Foundr Magazine has turned into a powerhouse brand since I last spoke with Nathan (Episode 169). So much has happened! Today, Nathan is going to dish on all that he’s done, and all that he’s had to stop doing in order to grow. I’m basically just turning the mic over to Nathan so he can give us the scoop on what he’s learned, what he’s aiming for now, how he’s building his brand, and why his mission with Foundr has increased 100x. Stick that phone in your pocket and listen close, because this episode is stuffed with insights and powerful takeaways. That’s what Foundr is all about—helping entrepreneurs create […]

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SPI 315: How to Disrupt Yourself & Grow a Company with Whitney Johnson

Whitney Johnson is one of the Top 50 leading business thinkers in the world, according to Thinkers50. She’s an expert in disruptive innovation and personal disruption, and she’s here today to help us learn how to grow our businesses and understand the patterns we’re going through, especially when we’re starting something new. She’s also giving us a seven-point framework for working through essential disruption and creating change in our lives and businesses. Whitney’s story is filled with diverse entrepreneurial adventures. She got a degree in music, and ended up in New York City. In New York she discovered Wall Street and found her way to investment banking, became an award-winning equity research analyst, and then . . . she disrupted herself. She became an entrepreneur and co-founded an investment firm specializing in disruptive innovation. It was there that she had a huge “aha!”—the theory of disruption she was applying to […]

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The Million Dollar Tweet: 8 Lessons to Grow a Successful Business

Nathan Barry bootstrapped ConvertKit to $1 million monthly recurring revenue in a little over five years. Here are 8 critical lessons he learned along the way. Pat Flynn April 23, 2018 Subscribe to my YouTube Channel Nathan Barry is the founder of ConvertKit, and a good friend of mine. Just the other day he tweeted: Yesterday @ConvertKit hit $1m MRR. Thank you so much to everyone who has helped along this journey! We’ve now got an incredible team of 34 supporting 18,872 customers. — Nathan Barry (@nathanbarry) March 19, 2018 This is a huge milestone, and I want to give huge kudos to Nathan and his team for achieving it! [Full disclosure as we dive in to this post: I am both an affiliate and an advisor for ConvertKit, and I do earn a commission if you choose to use my affiliate link (the links back to ConvertKit on this […]

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SPI 314: From Clients to Passive Income—Productize Your Business with Brian Casel

Today we have a return appearance from an amazing past guest—Brian Casel. I’ve had a lot of people asking me to bring him back to talk about how to take your service-based business and turn that business into a product, or into something that can be scaled and automated. We’ll cover all of that, plus how to hire for and manage your productized business, why Brian is delving into the software field, and more! We really get deep in the weeds in this conversation. For example, we’ll be talking about how to get over the fear of hiring or being a manager for the first time, so that you’re not the one doing all the work anymore. The goal is to have people or software or other tools that can do it for you so that you can get a little bit of time back, work on the bigger decisions […]

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Is SPI Better Than Business School? 9 Lessons One Reader Used to Grow His Business

Better than business school? Read about how Salo Mizrachi grew his family business to six-figures and doubled it using 9 lessons he learned from Smart Passive Income. Pat Flynn March 5, 2018 Welcome to our first of (hopefully) many SPI community member features! On our SPI Facebook Group, we have over 30,000 amazing entrepreneurs across all stages of business, and I wanted to start highlighting some of the amazing work the community members are doing with their businesses here on the blog. Brendan Hufford, our Facebook Community manager, wrote this post to highlight Salo Mizrachi and his business, EzPacking. You can also check out Brendan and his work at Photo MBA. And if you haven’t done so already, click here to join the Facebook Group and be a part of the community! In 2015, Salo Mizrachi took over his family business, grew it to six-figures in 2016, and doubled that […]

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SPI 303: How a Loan Signing Agent Built a $30K per Month Business

As outlined in my book, Will It Fly?, validation is key, and with me today are two guests who have used that strategy to build an incredible business: Mark Wills and Roman Rosario of Loan Signing System. [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.] What started as a simple idea turned into a robust online business that’s changed the lives of tons of people, earning Mark and Roman over $30K per month as a result. This episode is a lot of fun, loaded with tips and strategies for online courses, validation, and building an online business organically. How Mark and I connected is kind of a funny story—Mark was actually the agent who oversaw me signing documents for our first rental property. Through that meeting we discovered that we have a love of building online courses. I have both Mark and his business […]

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