Jun 1, 2020
In this episode of the
Millionaire
Mindcast, we have an
incredible guest, Cameron Herold who shares his perspective about
today’s crisis, how to create efficiencies and productivities in
business, what are the habits and characteristics that you must
have to stay on track and win things, explains the huge quarantine
shift in businesses and tips on how to build a remote base culture
& teams, what the impact of the COVID-19 economically are, and what
the opportunities in this current situation are!
Cameron Herold is a serial
entrepreneur, business consultant, top rated international speaker,
founder of the COO
Alliance &
Second in Command
Podcast (iTunes), and
is known around the world as ‘THE CEO Whisperer’. He is a business growth guru guiding his
clients to double their profit and double their revenue in just
three years or less. Cameron has been paid to speak in 26
countries, a top-rated lecturer at EO/MIT’s Entrepreneurial Masters
Programme,
Chief Executive
Officer, and
Chief Operating Officer
Leadership events
around the world. Also, he is the author of the global best-selling
business book DOUBLE
DOUBLE - in its 7th
printing and in multiple translations around the world, as well
as Meetings
Suck and
The Miracle Morning for
Entrepreneurs.
Always look at the brighter
side. The downturn is the best time to step up and grow your
wealth. The best time to get ahead from everyone in business,
invest in relationships, and in you. It has been proven by
Cameron’s experience on the past recessions and depressions. He
never hides in fear but learns to adapt to the situation and apply
the right mindset. He had bought multiple shares in big companies
at a very low price and was able to grow his assets when everybody
was in shock and distress.
Moreover, you must be wise about
how you spend your time, especially on social media because it’s
taking away the time you are going to spend on marketing, sales, &
driving your business forward. Everyone must be strategic on
applying the time, money, and people in the right area and getting
away from doom and gloom. Instead, think about how you are
proactively going to grow during this time.
Stop consuming your time on
uncontrollable things. According to Cameron, “God grants the
serenity to accept the things that I cannot change, the courage to
change the things that I can, and the wisdom to know the
difference.” Thus, find the things you can control and
control those. Surround yourself with the people in alignment with
your core values, and consume content from different perspectives.
Because there’s a lot of opportunities to grow your skills set and
your mindset right now as thought leaders are giving away more
content than ever for free.
This is a good time for an
abundance mindset and people to focus on their growth!
Some Questions I Ask:
- What
feels different about this time than previous or does it feel
different? (01:17)
- Where
do you see the biggest challenge for the small business
owner/entrepreneur/operator right now that if they lean into it
they can weather the storm and get in front of it?
(03:32)
- How
can someone be more aware & attentive to the information or the
influence of people or environments or resources that they’re
having over them right now? (06:05)
- Tell
me about some of the opportunities that people should be paying
attention to right now? (07:56)
- How
do you continue to create and build culture and to create
efficiencies and productivities? (09:20)
- What
are some of the things that you have seen in some of those amazing
companies that are remote with the great culture that they have
implemented? (13:26)
- What
are some of the trends that you are seeing in small business right
now that people should be thinking about maybe adapting, maybe
leaning into that maybe they weren’t forced to think about 6 days
ago? (17:27)
- What
do you say to that company that is either flying or running in the
other direction or frozen right now? (18:22)
- How
much should people be dividing attention and balance between working in the business and
playing defense and offense? (21:16)
- Should companies right now with the current
COVID crisis focus on customer acquisition or customer attention?
Why? (22:59)
- Where
is your mindset in regards to wealth building through this next
cycle? (24:18)
- The 3
economic signs that are happening right now (25:56)
- Who
are some of your favorite influencers and motivators that are
inspiring or guiding you during these times? (33:06)
- What
are some of the great characteristics you find in a COO versus an
entrepreneur? (36:03)
- How
long does it usually take to identify that rock star talent perfect
Ying to the Yang fit? (38:05)
- In
times now a lot of craziness, what has been your silver lining and
the most positive things you have found in times like now?
(41:10)
In This Episode, You Will Learn:
- The
three inputs of business to get the highest ROI (03:44)
- How
to not bring negative energy in your business (04:18)
- The
Power of Serenity (06:44)
- The
huge positive quarantine shift in businesses. (09:49)
- Tips
on how to build remote base culture & teams (11:59)
- The
number 1 goal of every company (23:32)
- What
are the right groups for entrepreneurs (34:25)
Quotes:
- “Because you are looking for negative news
you’re going to see more negative news and become a little bit of a
self-growing prophecy.”
- “God
grants the serenity to accept the things that I cannot change, the
courage to change the things that I can, and the wisdom to know the
difference.”
- “Control the controllable.”
- “Getting more content isn’t necessarily grow my
company, what will grow my company, its focus.”
- “There’s a lot of opportunities to grow your
skills set and your mindset right now because thought leaders are
giving away more content than ever for free.”
- “Every hour that you spend on growing yourself
becomes like putting something up in the orbit that stays with you
forever.”