Why profits are better than wages

Dan MillerBusiness Start-Up, Entrepreneur, Marketing, No More Mondays4 Comments

This is a tough issue.  We are in a culture that has taught us to expect wages for our time.  The person who makes $10/hr wants $12 and so on.  The attorney who makes $100/hr wants to work his/her way up to $200.  Whatever the level, we’re talking about wages, or linear income.  Is your income linear or residual?  Here’s how you can tell.  Just ask yourself this question:  “How many times do you get paid for every hour you work?”  If you answered, “Only once,” then your income is linear – you are making wages.  Salaries offer linear income. Doctors … Read More

Are you self-employed?

Dan MillerEntrepreneur, Just a Job, Personal Development3 Comments

In live seminars I often ask, “How many of you are self-employed?”  Typically, about 30% of the audience will raise their hands.  Then I ask, “How many of you are working for yourselves?”  A few more hands go up.  Then I may ask, “How many of you currently have only one customer for the services you provide?”  Eventually, everyone realizes that no matter what the situation, we are all really “self-employed.” The company is not going to pay your mortgage or choose the private school you want for your children.  You must do that based on your ability to provide … Read More

This is the way to live your life – and sell onions

Dan MillerBlogging, Entrepreneur, Just a Job, No More Mondays21 Comments

A coaching client recently gave me a copy of Radical Hospitality – Benedict’s Way of Love by Daniel Homan, Lonni Collins Pratt. Here’s a little story from that book that got my attention: We have also lost our souls in the marketplace, in the bickering, the negotiating. Must we position ourselves as productive winners all the time?  Go with me to a corner of the sprawling market in Mexico City where an old Indian man named Potalamo is selling onions.  Twenty strings of onions lay in front of him.  A guy from Denver walks up and asks, “How much for … Read More

Are entrepreneurs born or developed?

Dan MillerEntrepreneur15 Comments

Recently on  my podcast, listener Paul Vandermill asked, “Can becoming an entrepreneur be a progression rather than a predisposition?”  Really, are entrepreneurs born, or do those traits develop over time? I love that question.  Is a person just born an entrepreneur or can anyone learn to be successful on their own?  There is no “right” or “wrong” about being an entrepreneur.  But you need to ask yourself if it is a fit for you.  Here’s an overview. DO YOU HAVE WHAT IT TAKES TO BE AN ENTREPRENEUR? Do you have what it takes to do something on your own – … Read More

Is it a dead cow or just spilled milk?

Dan MillerEntrepreneur, Failure5 Comments

There’s an old Texas saying that goes:  “It doesn’t matter how much milk you spill as long as you don’t lose your cow.”  In other words, what we see as “failure” may not really have diminished our ability to contribute, produce or earn an income. If you lost your job, is your cow gone?  If your business bombs, is your cow gone or have you just lost a valuable but replaceable carton of milk?  If you have an accident and can no longer hammer nails, is your cow really gone? Ten years after starting Apple, Steve Jobs was fired by … Read More

I leaned into my future and saw this……..

Dan MillerEntrepreneur, Finding Passion, Wisdom meets Passion4 Comments

Last week we had our annual sold-out INNOVATE event here at the Sanctuary.  These were people who were willing to fire up their imagination and dream about what is possible.  The diversity in the room was awesome.  As I read through their registration responses I saw those who were a deputy sheriff, car salesman, concert promoter, carpenter, seamstress, dance teacher, video producer, blogger, artist, writer, restaurant owner, banker, stay-at-home mom, photographer, ex-nun, glass sculptor, teacher, e-Bay entrepreneur, speaker, lifestyle evangelist, software developer, tree eater, podcaster, doggy daycare provider, internet salesperson and more. We heard from presenters Deby Dearman, Ken Davis, Bob Baker, … Read More

I’m living the American Dream man!

Dan MillerBusiness Start-Up, Coaching, Entrepreneur17 Comments

This week I was eating lunch with one of my granddaughters at Taco Bell (yes, it’s easy for vegetarian grandkids).  Sitting nearby were two overweight workers, with names and company represented clearly on their shirts.  Another guy walked in, recognized them and asked, “Hey, how’s it going?” To which Lee responded: “I’m working just enough to look busy and then I go home and knock back a few beers.  I’m living the American Dream man!”  The next day I had two young workers here at my office doing some rearranging on our irrigation system.  They both complimented me on the … Read More

I have a problem

Dan MillerEntrepreneur, Finding Passion, Inventions9 Comments

A few weeks ago I acknowledged a growing challenge with the sidewalk leading to our front door. A full 10ft section had buckled up about 6 inches because of tree roots underneath.  That had ruined the gentle flow of our sidewalk and had created a dangerous lip for people to walk over.  So yes, I had a “problem.” Or was it something else?  When our children were small we never allowed them to come to us with a “problem.”  Rather, it was “an opportunity for a solution.”  And I’ve approached every situation in my business and life in the same way. … Read More

I’m afraid charging for my art will hurt my reputation

Dan MillerCoaching, Entrepreneur, No More Mondays2 Comments

This is such a common question I wanted to share it here.  Isn’t it cheapening the real process of creating art (music, sculptures, writing, visual art, coaching) if I expect money in return? Andy asks: “Dan, I’m an illustrator and my illustration business is doing well, but I’m afraid I’m more passionate about helping other creatives succeed than I am in making art myself! Here’s my problem: I’m well versed in the strategies used by people like you, Michael Hyatt, and other internet coaches, teachers and speakers on how to monetize this value, BUT I’m afraid that in the commercial … Read More

The $1000 Burrito

Dan MillerBusiness Start-Up, Coaching, Entrepreneur9 Comments

This is a guest post by Jodey Smith.  He is a Podcast Coach, Producer, and Consultant.  You can learn more him on his website.    You can also follow him on Twitter. Honesty compels me to confess that I had never listened to a single episode of this guy’s podcast. Yet there I was sitting in a Chipotle parking lot trying to decide if I would go inside and meet him. It all started a few years back when I began listening to podcasts.  Dan Miller’s “48 Days” was the first or second one I ever heard.  It was also the … Read More