Did you know that half of all businesses are closed within their first year, 80% are gone within five years and that 96% of all businesses fail within 10 years? That means that only 4% of a businesses last more than 10 years. That just means that they are “still standing,” even if they are not “profitable.”

I know just how difficult it is to get an online business off the ground. In 2008, I left a successful 12-year career as an insurance agent to pursue my own journey of full-time, self-employment, so that I could do the work that I felt most called to do in this world.

I am so thankful for all the sales training and customer service experience that those 12 years as an insurance agent provided. However, having lived a lifetime as an “employee” up to that point, I realized, real quickly, just how much I didn't know about what it took to actually own and operate my own business.

My first full year of full-time self-employment was riddled with self-doubt, overwhelm from all that I was being told I needed to do, and lack of clarity of what I needed to focus on next. As a result, that first year was the most difficult year, financially, that I have ever experienced in my lifetime.

I can tell tell you that those difficult times were definitely worth it. However, with that said, looking back from the perspective of knowing what I know today, I now realize that things didn't have to be quite so hard.

In this episode, I share how my involvement in a healthy mastermind group helped turn everything around for me and my business. I explain what a mastermind group is and the ten benefits that you would receive by getting involved in a healthy mastermind group for yourself.

Are You looking for a healthy mastermind group? Check out the details of my Next Level Mastermind.

 
Want To Build A Successful Online Business Around Your Podcast?
If you have been attempting to generate an income around your podcasting efforts, but you are not consistently generating a minimum of $5,000 per month, I would like to invite to you attend the Building An Online Business Workshop here in my Next Level Studio. In this workshop, you'll discover the missing elements in your online business model. Not only will you learn what you need to do to take your business efforts to the next level, you'll know exactly what order to do them. Click here for more details.

 
Podcast Video Tutorials:
I have a growing list of video tutorials that I have created based upon the the top things my clients have hired me to help them with. See the full list of tutorials by clicking here.

 
Podcast Equipment:
Over the years, I've personally trained thousands of folks how to successfully launch a podcast. While I teach that it is possible to start your podcast with under $100 in recording equipment, a large number of my clients and students have told me that they simply want the exact gear that I use to record my own podcasts. That's why I created the Podcast Answer Man Equipment Package back in 2008. If you would like to see the gear that I'm using in my own studio, click here to check it out.

 
Free Month of Media Hosting With Libsyn!
Because of all the years of sending clients to sign up for accounts with Libsyn, they have created an affiliate program only given to a hand selected group of podcasting experts. I'm delighted that I am now able to offer your ONE MONTH FREE when you sign up for a new account with Libsyn. Simply use promo code GSPN when you sign up! For my complete thoughts on podcast hosting, click here.

 

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