The Entrepreneur Gene

Welcome to the very first episode of The Entrepreneur Gene! Host Laurie Barkman interviews David Newman, an entrepreneur, author, and sales and marketing expert. David shares his insight into the idea of an entrepreneurial gene, discussing key traits such as being a maverick and a risk-taker. He reflects on his journey from a struggling entrepreneur to a successful mentor, emphasizing the importance of alignment and avoiding distractions in business. David also explores the impact of AI on consulting and shares personal insights and advice for future entrepreneurs. The episode ends with discussing David's passion for retro video games and resources listeners can access for further learning!
 
Takeaways:
  • Understanding that entrepreneurship often stems from an inherent drive to be mavericks, mavens, and rebels, leaders should recognize and nurture these qualities within themselves.
  • Entrepreneurs often struggle with distractions from multiple ventures. Focusing on how to align efforts under one coherent strategy or "roof" can prevent spreading oneself too thin.
  • Instead of starting entirely new ventures, which David calls hot dog stands, focus on improving and innovating within the current business structure to scale and grow.
  • Embrace technological advancements like AI to improve efficiency but ensure the added value is applied in a human-centric manner.
  • Find mentors, join masterminds, and accept help from peers and successful entrepreneurs early in the journey to accelerate learning and avoid common pitfalls.
  • Before investing heavily in new business ideas (like building logos or websites), sell the concept first to ensure there is market demand.
  • Being part of a community or network can provide support, opportunities for learning, and potential collaborations.
Quote of the Show:
  • “The mavericks, the mavens, the rebels, those kinds of people, if that's in their DNA, then they're truly cut out for entrepreneurial success.” - David Newman
Links:
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Creators and Guests

Host
Laurie Barkman
Producer
Rayanne Pruitt

What is The Entrepreneur Gene?

Discover The Entrepreneur Gene with show host Laurie Barkman! Listen weekly as we talk with founders and CEOs exploring the rewards and challenges of the entrepreneurial path. This show is sponsored by Business Transition Sherpa, getting your business unstuck so you can grow, scale, and exit while enjoying the journey. Join our community of entrepreneurs at https://thebusinesstransitionsherpa.com