Negative Mindsets
May 28, 2024
Welcome back to Business Unfiltered with Mercer and Jeff Sauer today's topic is Negative Mindsets
0:00: Entrepreneurial self-sabotage, including comfort zones and limiting beliefs. Entrepreneurs may self-sabotage by repeating patterns of growth and stagnation.
1:10: Entrepreneurial self-sabotage and its impact on growth. Mercer and Jeff Sauer share their self-sabotage stories, providing hope for listeners. Jeff emphasizes the importance of maintaining momentum and continuously pushing for growth, rather than taking breaks or maintaining the status quo.
6:03: Self-sabotage in business growth. Jeff discusses self-sabotage in business, citing an example of neglecting his main business to pursue new opportunities. Mercer shares his experience of starting a weekly entertainment guide and owning a nightclub in his early 20s.
10:07: Self-sabotage in entrepreneurship, recognizing patterns for growth. Mercer shares an experience where he recognized a pattern of self-sabotage in his business. He took massive action to address the issue after coaching.
14:56: The benefits of coaching for overcoming self-sabotage and negative thinking. Jeff found a coach providing an objective perspective helpful. He believes having a coach can help entrepreneurs avoid self-sabotage and maintain an abundance mindset.
16:44: Entrepreneurship, self-sabotage, and leveling up businesses. Jeff and Mercer discuss "leveling up" in business, focusing on increasing revenues and handing over operations to a team. They emphasize the importance of learning how to squeeze a lemon, or in other words, finding ways to generate more revenue consistently.
21:31: Self-sabotage in entrepreneurship. Mercer and Jeff agree on the nuances of self-sabotage in entrepreneurial stories.
23:35: Self-sabotage in business, recognizing and overcoming it through third-party help. Jeff has struggled with finding the right balance between innovation and sticking to what works. Mercer shares personal experiences with self-sabotage, feeling stuck in a rut and lacking confidence in his abilities.
28:56: Taking feedback, making better decisions, and overcoming self-sabotage. Mercer shares his thoughts on taking feedback, including the discomfort it brings and the importance of pushing through. Jeff agrees, highlighting the need to train oneself to make better decisions.
Topics Covered In This Episode
- Introduction to Self-Sabotage: Exploration of self-sabotaging behaviors among entrepreneurs, highlighting patterns of growth and stagnation.
- Personal Stories: Mercer and Jeff share candid experiences of self-sabotage, offering insights into its cyclical nature and the potential for transformative growth.
- Business Perspectives: The hosts examine self-sabotage within the entrepreneurial journey, including neglecting core business functions and pursuing new ventures at the expense of existing ones.
- Overcoming Challenges: Strategies for identifying and addressing self-sabotage, including the role of coaching in providing objective guidance and maintaining an abundance mindset.
- Business Evolution: Jeff shares his journey of overcoming self-sabotage and learning new business models, highlighting the importance of continuous learning and revenue optimization.
- Nuances and Solutions: The hosts delve into the nuances of self-sabotage, with examples from entrepreneurial stories and the importance of seeking external help to navigate challenges effectively.
- Feedback and Growth: They end with a discussion on the significance of feedback in overcoming self-sabotage, training oneself to prioritize improvement over novelty, and fostering a culture of continuous improvement within entrepreneurial endeavors.