Today’s Show Recap
Thanks for listening to Makin’ It. On this week’s episode, on Show Buzz, Tommy, Todd and Brittany take a look at “This Week in Startups.” On The Fix, they discuss the accounting firm responsible for the 2017 Academy Awards® flub. Also this week, Makin’ It features a new segment called The Doubt Whisperer. Finally, on Makin’ It or Breakin’ it, the gang poses the question: Is it ever too late to start over? Let us know what you think of the show in the comments section at the bottom of the page!
It’s never too late to start the show!
Show Buzz:
Tommy, Todd and Brittany start the show with Show Buzz, and this week they take a look at the online show “This Week in Startups.” The show takes a candid look at entrepreneurs and the steps they took to get their success. In contrast to shows like “Shark Tank,” where people give a chronological listing of how they got where they are and could go on to win a deal, “This Week in Startups” shows more real-life perspectives on how businesses are run on a day-to-day basis. Featured entrepreneurs touch on the stress points in the entire process of starting up a business.
The show also focuses on the misconception that once an entrepreneur has made his money, he’s done and will have an easy ride. “This Week in Startups” shows that this notion couldn’t be further from the truth. Entrepreneurs are always looking for ways to keep up their businesses and develop along with the latest trends. Featured guests talk about how to not let their businesses grow stale as well as noticing where they would like their business to go.
Another topic that is frequently discussed is how entrepreneurs overcame the hump of getting started, as it is most notably the most difficult factor to overcome when launching a business. Also, these seasoned entrepreneurs offer up advice about how important it is to have some intelligence and skill behind the money earned because money can disappear easily without them. “This Week in Startups” takes a truly honest approach to what goes on when building a startup. What do you think of “This Week in Startups?” What do you think it takes to start up a business? Let us know in the comments section.
OMG Fact of the Week:
The average person laughs about 13 times a day.
The Fix:
In the next edition of The Fix, Tommy, Todd and Brittany discuss the recent flub at the 2017 Academy Awards involving the Best Picture winner. The wrong envelope was given to Warren Beatty and Faye Dunaway and, while both actors got confused, Dunaway announced “La La Land” had won best picture. However, this was incorrect as “Moonlight” had actually won. This kind of error has never happened before in the history of the Academy Awards. However, what causes a mistake of this magnitude to occur when so many safeguards are taken? In this case, it very well could be all the safeguards that are complicating matters. Academy Award results are kept very secret with two accountants who have two separate suitcases and even take separate routes to the show. All the secrecy and protection can cause people to be over vigilant, and mistakes can occur. What do you think of what happened during the 2017 Academy Awards? What do you think of how it was handled? Let us know in the comments section.
The Doubt Whisperer:
Do you ever feel lousy about yourself? Like you’re worthless? Of little value? You will never reach your goals in life? Never have meaningful relationships? If you do, undoubtedly, you may be suffering from low self-esteem and self-doubt, just like 50 million other Americans.
Here’s the truth: The world is just waiting to throw you under the Doubt Bus, so we don’t need to beat ourselves up and engage in self-loathing in addition.
You were made to have a brilliant and fulfilling life and future with deep and meaningful relationships and great accomplishments. That is how you were created, and that is how you should live!
So, the next time you get down on yourself, just take a look in the mirror and say out loud, “The person I am looking at is smart, accomplished and worthy of the best life has to offer.” Then, go engage the world with a fresh, positive mindset and belief in yourself. Trust me, you’re worth it! For more great content on overcoming doubt and winning in life, insights, inspiration and products, go to tommyrunfola.com
Makin’ It or Breakin’ It:
Finally, Tommy, Todd and Brittany end the show with the Makin’ It or Breakin’ It segment. This week they discuss whether it is ever too late to start over in your career or take up a new passion. With many people hating the idea of retirement, many entrepreneurs are starting up businesses in their forties, fifties and sixties. Dubbed silver foxes, or people who start over at an older age, they are the fastest growing entrepreneur set in America. According to Merrill Lynch, seven out of 10 people keep working after they get their retirement money. Additionally, these silver fox businesses typically have the highest survival rates because of all the amassed experience. Most want to take the experience they have garnered and be productive, rather than just giving up to fish all day.
At a certain age, we all typically ask what our purposes are and how we are changing the world. That’s when you make the decision to follow your passion. After they have succeeded enough, silver foxes have the opportunity to reevaluate and can really focus on doing what they care about and what has more of a personal meaning to them. The trick is to beat the social rules and not listen to the people who tell you that you are too old and can’t. What do you think of silver foxes? Would you ever start a business after you retire? What do you think motivates people to keep working for the rest of their lives? Let us know in the comments section.
Thanks for tuning in to Makin’ It. Let us know what you think of the show and if you have questions about your business, send us an email at info@makinitnow.com or leave us a comment below. We love to hear from our listeners and we read comments on the air. We just might choose yours for next week’s show (so don’t forget to tune in!).
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Additional Resources for Entrepreneurs:
Order Tommy’s new book, The Way of the Rich at amazon.com, barnesandnoble.com, booksamillion.com and buybooksontheweb.com.
For more information on “This Week in Startups,” click here.
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