EP. 130 - £100K+ Entrepreneur: After 20 years In Business, This Is How YOU Make £100,000 & MORE! ft. Dwain Reid
Joining us in the booth this week is Dwain Reid who has been an entrepreneur for over 20 years, worked with over 10,000 founders, is an early stage business advisor with the Forbes Family Group and a former advisor to the government on entrepreneurship.
In this episode we discuss:
Connect with Dwain on his website: https://dwainreid.com
Connect with Dwain on Instagram: https://www.instagram.com/mrdwainreid
Follow me on:
Check out: https://www.youtube.com/savvywallet for the video version
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TIMESTAMPS
00:00 - Preview
01:00 - Intro
01:36 - Meet 20 Year Entrepreneur Dwain Reid
03:23 - Growing up in Peckham…!
06:31 - My school grades were good but I struggled in college
10:48 - This inspired me to become an entrepreneur
13:20 - This is how I got into the childcare business
17:06 - How we grew our childcare business to six figures
20:41 - This became our biggest customer
22:26 - You’re supposed to be creating a system that can run itself…!
24:07 - This is how I stayed in the same business for 20 years…!
27:00 - Challenges in my 20 years in business..!
34:56 - Why I left the childcare business
36:03 - Why I went back to coaching businesses
41:10 - You NEED these ingredients to be successful in business!
45:01 - Someone can steal your idea but not your passion!
48:53 - This is how you action your IDEA…!
51:52 - Barriers entrepreneurs face…and how to overcome them!
56:26 - How to build your network!
01:00:49 - How to grow from a 5 figure business to a 6 figure one1:03:19 - The importance of a growth mindset
01:06:31 - Most successful people around me are addicted to this..!
01:08:55 - Should everyone be an entrepreneur?!
01:11:54 - 3 tips to grow your business
01:16:06 - My work in the Forbes Family Group
01:18:00 - Final words!
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