Are you paid for your time or for your work?

1. Can I make a living as a travel agent?
2. Would you recommend I start a high end luxury car rental business?
3. Yes we are teaching life skills in public schools.
4. How can I break my employees from the idea of hourly pay?

Show Notes

Episode – 04-29-16

Title: N/A

Subtitle: N/A

Summary:

In this episode, Dan is tackling tough questions surrounding career paths and career choices—why it doesn’t make sense to say in a job that’s a source of suffering, but why it’s also dangerous to kill the goose that’s laying the golden egg. Also, listen as Dan fields responses from teachers who disagreed with his statement from the April 22^nd episode—that kids aren’t learning practical life skills in today’s educational culture.

Sponsored By:

Casper Mattresses – Use the code SleepYouLove to get $50 off any purchase and free shipping

Harrys.com – use 48Days as the code to get $5.00 off your purchase of Dan’s favorite razor

Time Stamped Show Notes:

• 01:00 – Preview of today’s topics and questions
• Are you paid for your time or for your work?
• Can I make a living as a travel agent?
• Would you recommend I start a high end luxury car rental business?
• Yes we are teaching life skills in public schools.
• How can I break my employees from the idea of hourly pay?
• 03:12 – Previous success stories
  • Barb Barber—one of the coaching mastery students is doing great work with the elderly and seminar hosting
  • Alex Barker—Put up a GREAT conversation on 48days.net
• 06:35 – Getting into the questions
• 06:40 – From Anthony: How to do you collaborate without competing for the same audience?
  • The greatest successes will come from collaboration NOT competition
  • Develop a product to deliver
  • View other in your industries as opportunities rather than threats
• 10:52 – From John Henderson: How to do a guest post like a pro
• 12:50 – From Troy—using a love of running to start a business
• 16:09 – How Johnny Appleseed (Chapman) built his legend
• 20:10 – Question from Polly: I’m interested in starting a side company as a travel agent?—are they a dying breed or is this a worthwhile venture?
  • Look at the industry in a NEW way
  • Whenever there’s change, there are equal seeds of opportunity
  • The power of being a travel agents is to do groups
  • likemindedtravels.com
• 24:07 – From Melvin: I’d like your help on finding the time to work on my coaching business—I have a mid-sized janitorial business that is taking up all my time—any ideas on how I can find more time?
  • Be careful about killing the goose that lays the golden egg
  • Don’t put yourself in a position of desperation just to try something new
  • Maintain a balance
  • Give yourself 10-12 hours a week for the coaching business—if you’re not generating at least $3,000 a month within 90 days, consider walking away
• 28:23 – From Ronnie: In markets like Houston, Dallas, LA, etc.—do you think a little guy can get into the luxury car rental business?
  • Don’t do it—it’s VERY challenging to get into on a small scale
  • There are unexpected things and ways you can lose your shirt
• 32:32 – Reponses from teachers due to Dan’s statement that “kids aren’t learning practical life skills in schools”
• 34:34—From Sarah: My husband has been in EMS for years and years, how do I turn his skills into course work that we can sell to other people in his industry looking for continuing education?
  • Whatever course you create, get it accredited!
• 36:23—From Richard: For many years I’ve been working at a job that has a toxic environment…I’m contemplating quitting and jumping into a new career, but should I abandon job security today in the hopes of finding fulfillment in the future?
  • If you dedicate 10-15 hours per week, you’re going to be an expert
  • But develop yourself as expert before you quit your job
• 39:22—From Tom: I own a machine shop in the Detroit area—how to I change the paradigm of working on an hourly basis in my industry? How do I establish alternate ways to pay?
  • Being paid for time is a broken business model
  • People need to be paid for the results I produce—not for the time it takes me to produce it
  • I don’t pay people by the hour, I pay for a finished product, pure and simple
  • Inspiring this change won’t be easy—but you can do it!

 

3 Key Points:

1. Do NOT kill the goose that lays the golden egg
2. Learn the value of a finished product rather than the time you spent creating it—that’s how you can measure if a business is viable.
3. Wherever there’s change,

Resources Mentioned:

• Casper – Use code SleepYouLove to get $50 toward any purchase – and free shipping
• Like minded travels – How Chris Niemeyer benefits from booking groups
• Music City Dream Cars – The car rental place in Nashville that Dan uses
• Dan’s Coaching Experience – The premiere coaching service offered by Dan
• com/Mondays – Dan’s 5-step process for dealing with change
• https://www.48days.com/video – If you’re just getting started on the 48 Days process
• The Ultimate Advantage Cruise– February 2017
• 48 Days Coaching Mastery Program– for those wanting to build a high level business in coaching
• Personal Mission Statement– free form to create your own
• com/acres – become one of our 48Days Seminar Coordinators
• Casper Mattresses – Use the code SleepYouLove to get $50 off any purchase and free shipping
• Innovate – Sanctuary, Franklin, TN  May 26-27^th
• Coaching with Excellence– Sanctuary, Franklin, TN  May 12-13^th
• Launch Conference– Orlando, FL April 3-7^th
• Social Media Marketing World– San Diego, CA April 17-19^th
• New Media Europe– London, England  June 18-19^th
• Podcast Movement– Chicago, IL July 6-8^th
• The Ultimate Advantage Cruise– leaving from Ft. Lauderdale, FL Feb 12-19th, 2017
• com– use 48Days as the code to get $5.00 off your purchase of Dan’s favorite razor

 

Upcoming Appearances

• Social Media Marketing World – San Diego, CA April 17-19th
• Coaching With Excellence – Sanctuary, Franklin, TN May 12-13th
• Innovate – Sanctuary, Franklin, TN May 26-27th
• New Media Europe, London – London, England June 18-19th
• Podcast Movement – Chicago, IL July 6-8th
• The Ultimate Advantage Cruise – leaving from Ft. Lauderdale, FL, Feb 12-19th 2017

 

Credits:

• Show Notes provided by Mallard Creatives