The Pop Quiz, Monday, is a fun little exam that we love to give to savvy business owners. The examination is not a surprise, after all, since the interviewee already knew about the questions in advance. However, we can always pretend and have fun with the scenario of a young entrepreneur sitting in class nervously biting on their pencil. They are ready to take a pop quiz on a chapter that they were supposed to read the night before. Instead, they played Metroid all night on their SNES (Oops, this was me in high school). The real purpose of the pop quiz is that this is a fun way to introduce business tips from real-world experiences that you can not learn in a classroom. We want to thank our entrepreneur for being a good sport and volunteering their time to answer a few questions to help our community grow from their knowledge.
I want to introduce you to our guest today, who will be taking our Pop Quiz Monday.
1. Can you please tell everyone your name?
2. Tell us about your business and what you do?
I am the managing partner of a Data strategy & Analytics consulting company, author of ‘The 60 Minute Startup’, and host of ‘the Agile Entrepreneur podcast’. For the data strategy company, we help companies manage and analyze their company data to derive insights that will meaningfully improve revenues, reduce costs, and streamline operations. Separately, I mentor & coach other aspiring entrepreneurs to start and build their businesses in the fastest time possible using agile methodology to minimize the time it takes to acquire their first paying customers.
3. Why did you want to become an entrepreneur?
I always cherished the flexibility and freedom that came with being an entrepreneur. Even though the road to becoming an entrepreneur may not be easy, the opportunity to choose your own areas of interest, impact people’s lives directly, and the ability to do it at a pace that you dictate is very important for me. Having worked for large corporations, I cherish the freedom and flexibility of deciding the who/when/how of an entrepreneurial venture and reap the rewards directly over working for someone else.
4. What are the challenging aspects of running a business?
A few challenges are: Deciding which business to start? How to survive while you are building the business? How to get your initial set of customers? How to build the pipeline of customers?
5. What do you love most about your job?
Just in the last 3 years, I started a data strategy company, started a podcast from the ground up, published a new book ‘The 60 Minute Startup’, and partnered on other ventures in the initial stages. I would not have been able to accomplish so many things working for someone else. I love the ability to choose the areas I want to work and learn as much as possible to make the greatest impact.
6. How do you have fun at work (team building, pranks, etc..)?
Brainstorming and strategizing is the easiest way to find true pleasure and enjoyment in building your dream business. Finding creative and interesting ways to develop and expand on ideas are fun, productive, and healthy for team morale.
7. What would one piece of advice that you give to a new business owner?
Ask yourself, “Why would someone need my product or service?” You must believe what you are offering is a resource that has economic value and you expect it to provide future benefit just like any other asset. Use this information to predict customer behavior and product or service sales so you can optimize your sales process.
Thank you for taking our pop quiz today. You get an A+ for effort. You can learn more about our interviewee and their business by visiting them on the web:
Originally published at https://www.inboxdude.com on November 12, 2019.