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Rich Schefren

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Join Brad and Rich for an episode where they dive into their perspectives on weekends, entrepreneurship, and personal growth. Rich, known for his laid-back approach, reveals his love for relaxed weekends, free from rigid schedules. He shares valuable insights on how entrepreneurs can design businesses that align with their strengths and flaws, fostering authenticity and paving the way for success.

In their no-nonsense discussion, Rich introduces the concept of the sprint versus marathon mindset, emphasizing the importance of finding fulfillment in the journey rather than solely focusing on achieving goals. He encourages listeners to embrace personal growth and authenticity as they navigate their own paths. Rich highlights the significance of task initiation and the transformative power of seeking mentors with diverse perspectives.

Tune in for practical insights and relatable stories that will inspire you on your own journey towards success and self-improvement.

Rich Schefren Bio

Rich Schefren is a renowned entrepreneur and business strategist who specializes in strategic business growth and digital marketing. He founded Strategic Profits, a company that offers coaching and training programs for entrepreneurs. Schefren is known for his practical approach to business, emphasizing the use of technology and systems to scale businesses effectively.
He has authored “The Internet Business Manifesto” and is a sought-after speaker at industry events. Schefren’s insights have inspired entrepreneurs to align their businesses with their strengths and pursue continuous growth.

Description

Join Brad and Rich for an episode where they dive into their perspectives on weekends, entrepreneurship, and personal growth. Rich, known for his laid-back approach, reveals his love for relaxed weekends, free from rigid schedules. He shares valuable insights on how entrepreneurs can design businesses that align with their strengths and flaws, fostering authenticity and paving the way for success.

In their no-nonsense discussion, Rich introduces the concept of the sprint versus marathon mindset, emphasizing the importance of finding fulfillment in the journey rather than solely focusing on achieving goals. He encourages listeners to embrace personal growth and authenticity as they navigate their own paths. Rich highlights the significance of task initiation and the transformative power of seeking mentors with diverse perspectives.

Tune in for practical insights and relatable stories that will inspire you on your own journey towards success and self-improvement.

Rich Schefren Bio

Rich Schefren is a renowned entrepreneur and business strategist who specializes in strategic business growth and digital marketing. He founded Strategic Profits, a company that offers coaching and training programs for entrepreneurs. Schefren is known for his practical approach to business, emphasizing the use of technology and systems to scale businesses effectively.
He has authored “The Internet Business Manifesto” and is a sought-after speaker at industry events. Schefren’s insights have inspired entrepreneurs to align their businesses with their strengths and pursue continuous growth.

Full Interview Transcript

Key Takeaways with Rich Schefren

  • 00:00 – Prelude
  • 00:46 – Introduction to Rich Schefren
  • 01:11 – The difference between a weekend and a work day
  • 04:03 – Struggling between optimizing time and being happy
  • 08:08 – Entrepreneurship is a living breathing organism
  • 09:58 – How to design a money-motivated business
  • 11:15 – How to avoid being a procrastinator
  • 12:41 – The two thoughts that pop up for Brad
  • 15:08 – Overwhelming majority of entrepreneurs think they have to change
  • 16:31 – Midlife crisis
  • 17:49 – The purpose of having a goal
  • 20:03 – Being who you are to do the business
  • 23:06 – Contrasting experiences from childhood to today
  • 25:20 – Being taken under the wing of the Colombo crime family
  • 26:09 – Rich’s first after school job
  • 27:46 – The pivotal adjustment from mobster to business
  • 29:45 – Taking the store in the direction of club culture
  • 31:30 – Going into a market where there was no one doing what he wanted to do
  • 32:55 – Being hypnotized
  • 35:41 – The difference between hypnosis and paying to work
  • 36:39 – Opening a hypnosis center in Manhattan
  • 37:45 – Growing the hypnosis business from zero to 13 million
  • 39:21 – Partially paid for $6 million worth of programs
  • 40:58 – Direct response and having no employees
  • 41:53 – What kept Rich in business for a year
  • 44:56 – The anti-employee thought process kept Rich stuck online
  • 46:42 – The Internet Business Manifesto
  • 47:52 – The importance of mentors 
  • 50:52 – Mentors that changed his life
  • 51:31 – One experience in the hypnosis business
  • 53:27 – The importance of having a Q&A call once a week
  • 54:38 – Variety in business
  • 56:14 – How Rich has evolved over time
  • 57:44 – Why he sold his business in 2017
  • 58:48 – The internal narrative of being a sprinter vs a marathon runner
  • 1:00:35 – Optimizing the product to create wins for all parties
  • 1:02:25 – Mental baggage of being a fat kid
  • 1:05:47 – One of the biggest symptoms is getting started on the task
  • 1:06:19 – The app Smartrope
  • 1:08:25 – Stopping before they need to
  • 1:09:12 – The battle of wills in business
  • 1:11:01 – Best place to learn more about Rich
  • 1:13:08 – How to support Brad?
  • 1:13:37 – END

Resources

Website URL: https://richschefren.com/

Social Media URL:

Rich Schefren FB 👉 https://www.facebook.com/InternetBusinessTalk/

Rich Schefren IG 👉 https://www.instagram.com/therealrichschefren/?hl=en

Rich Schefren YouTube 👉 https://www.youtube.com/@richschefren

Rich Schefren LinkedIn 👉 https://www.linkedin.com/in/rich-schefren/

Rich Schefren Twitter 👉 twitter.com/richschefren/

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