1681: Make A Profit After Paying Yourself by Paula Pant of Afford Anything on Entrepreneurship Advice
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 1681:
Paula Pant sheds light on a common entrepreneurial pitfall: mistaking personal compensation for business profit. She urges small business owners to distinguish between their role as an investor and as a worker, emphasizing that true profit is what remains after paying yourself a fair wage, not the leftover after expenses minus unpaid labor.
Read along with the original article(s) here: https://affordanything.com/make-a-profit-after-paying-yourself/
Quotes to ponder:
"Profit after paying yourself!"
"I can’t value my time at $0, value someone else’s time at a rate that’s greater than $0, and make an apples-to-apples comparison between the two."
"Don’t take business lessons from the IRS."
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9:13
1680: I'm Going to Tell You About the Most Successful Person I Know by James Altucher
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 1680:
James Altucher recounts the story of “Pat,” an unshakably gracious billionaire whose quiet superpower is simple but rare: saying thank you. By consistently checking in, expressing gratitude, and maintaining relationships, even after major losses, Pat illustrates how emotional intelligence and goodwill can compound into lasting success.
Read along with the original article(s) here: https://jaltucher.medium.com/i-m-going-to-tell-you-about-the-most-successful-person-i-know-4e4df4fb4fa6
Quotes to ponder:
"Even if my best friends write me sometimes, I don’t return the emails. I don’t know why. I’ve actually lost friends over this and still do."
"A tiny thank you is like putting a little bit of money in a savings account and watching it grow through compound interest."
"Pat says 'thank you' probably ten to twenty times a day to people as he builds his goodwill account."
Episode references:
1-800-Flowers (Jim McCann): https://www.1800flowers.com
Department of Defense contracts: https://www.defense.gov/Resources/Contract-Resources
Trade Like Warren Buffett: https://www.amazon.com/Trade-Like-Warren-Buffett-Altucher/dp/0471655848
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9:53
1679: How to Create a Killer Business Plan by Christine Comaford of Smart Tribes Institute
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 1679:
Christine Comaford breaks down the essentials of crafting a business plan that truly drives growth, emphasizing clarity, purpose, and alignment across teams. Learn how to communicate your vision, set achievable objectives, and engage both logic and emotion to create buy-in from investors and stakeholders.
Read along with the original article(s) here: https://smarttribesinstitute.com/how-to-create-a-killer-business-plan/
Quotes to ponder:
"People don’t buy what you do, they buy why you do it."
"A business plan is a tool that communicates your vision, inspires others to join you, and keeps everyone on track."
"Facts tell. Stories sell."
Episode references:
Business Model Generation by Alexander Osterwalder: https://www.strategyzer.com/books/business-model-generation
Start With Why by Simon Sinek: https://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591846447
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10:52
1678: How to Be a Consultant by Colin Wright of Exile Lifestyle on Career Advice
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 1678:
Colin Wright shares a candid look at how he became a consultant and why the role offers more freedom than fame. By walking through his early experiments, client missteps, and mindset shifts, he offers valuable insights into creating a career defined by autonomy, not just income or recognition.
Read along with the original article(s) here: https://exilelifestyle.com/consultant/
Quotes to ponder:
"I’ve never been interested in being famous, but I am very interested in being free."
"I realized I could pay my bills doing something that wasn’t what I most wanted to do, or I could take a risk and do what I loved, and maybe still pay the bills."
"Consulting became my go-to method of paying the bills while maintaining maximum autonomy."
Episode references:
Startups for the Rest of Us Podcast: https://www.startupsfortherestofus.com/
Getting Real by Basecamp: https://basecamp.com/books/getting-real
The 4-Hour Workweek: https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357
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10:19
1677: [Part 2] 7 Rituals You Should Steal from Extremely Creative People by Marc Chernoff of Marc and Angel
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 1677:
Marc Chernoff reveals seven daily habits practiced by highly creative individuals to fuel inspiration, sharpen focus, and sustain long-term innovation. By adopting even a few of these mindful rituals, like scheduled solitude, idea journaling, and conscious media consumption, you can reignite your own creative energy and push past mental roadblocks.
Read along with the original article(s) here: http://www.marcandangel.com/2014/12/14/7-rituals-you-should-steal-from-extremely-creative-people/
Quotes to ponder:
"Most creative types schedule their days around a specific creative ritual, something that consistently triggers their creativity."
"Creative people pay close attention to what they let into their minds."
Episode references:
Steal Like an Artist: https://www.amazon.com/Steal-Like-Artist-Things-Creative/dp/0761169253
Brain Pickings: https://www.themarginalian.org/
TED Talks: Your Elusive Creative Genius by Elizabeth Gilbert: https://www.ted.com/talks/elizabeth_gilbert_your_elusive_creative_genius
The War of Art: https://www.amazon.com/War-Art-Through-Creative-Battles/dp/1936891026
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About Optimal Work Daily - Career, Productivity and Entrepreneurship
Optimal Work Daily, presented by the experienced narrator Dan, is a podcast that focuses on enhancing productivity, creativity, and work-life balance. Dan provides clear and engaging narration of thought-provoking articles from leading experts in the fields of work, career development, productivity, and entrepreneurship.
Optimal Work Daily is an ideal resource for professionals, entrepreneurs, and anyone looking to maximize their potential in the workplace. The podcast's diverse range of topics, from time management strategies to fostering creativity, provides valuable insights for enhancing performance and achieving career satisfaction, making it a must-listen as you strive to excel in your professional life.
Whether you're aiming to advance your career, boost productivity, or delve into entrepreneurship, Optimal Work Daily offers practical advice and inspiration. Each episode focuses on work, career, productivity, and entrepreneurship, providing you with the tools needed to thrive professionally. Dan's engaging narration and the podcast's insightful content make it an essential daily listen for those dedicated to career growth and success.
This podcast is designed for those passionate about work, career, productivity, and entrepreneurship. It’s your go-to source for practical advice on enhancing your work performance, advancing your career, and exploring entrepreneurship. Each episode offers actionable steps to foster productivity and professional growth, emphasizing the importance of work, career, productivity, and entrepreneurship in achieving your goals.
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