Episode 606: The 4 Business Principles That Changed My Life (and How I Apply Them to Running an 8-Figure Digital Business)

Want to know what it really takes to run an 8-figure digital business in 2023? In today’s episode, I share the 4 most powerful business principles (plus a few bonus ones) that completely changed my life and have allowed my team and I to do it!  

If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag us, @jameswedmore and @jeunejenni.    

Are you ready to get your online expert business up and out there to the world? If so, join me this June 1st as I kick off my 3-part live workshop to show you exactly how I built my 8-figure a year business, online, around my sold out courses and programs. Now it’s your turn! You’ll get to take a peek under the hood of my business to see how to craft your next million dollar offer, build your complete sales system and create a brand that stands out from the rest. Plus, you’ll see what’s new and what’s changed in the online business landscape, and what my most successful students and clients are doing now to thrive in 2023. This is the Rise of the Digital CEO, and it’s coming to a laptop near you this June 1st. To register now to be the FIRST notified once we open the doors, go to https://www.businessbydesign.net now!  

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I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode.

In this episode you’ll hear:

• How entrepreneurs think differently and what has happened in my own life when I haven’t honored the entrepreneurial side of myself 

• What the Law of Compensation entails and how it relates to the fact that we are all in the business of solving problems for others 

• The concept of prioritization and the way it can help you determine the significance of your offer

• Why the role you fill determines the results you get in business, plus how to know if you are in a role that you shouldn’t be in

• Three skills that every entrepreneur needs to develop 

• What I mean when I say that “more structure in the business equals more freedom” 

• The reasons that great businesses are built by great teams

• An important distinction about how we do things here as an 8-figure company and why it is relevant for you as you scale your business

• Why maintaining gratitude and respect for others (and the process) as you grow is such a big responsibility 

For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/606