August 7, 2024
Daniel Priestley is a highly successful serial entrepreneur with a track record of building and selling multiple businesses. He is also the author of five books on entrepreneurship and business scaling.
In this podcast, Daniel shares insights on various topics, including growing small businesses, identifying good business ideas, the importance of passion, and the keys to being a successful entrepreneur. He also discusses the magic of energy, the significance of team building, and the role of AI in revolutionizing businesses.
For those looking to make money in a professional manner, some tips include focusing on creating value for customers, investing in personal growth and development, building a strong team, and staying adaptable in changing environments. Additionally, considering management buyouts and structuring deals strategically can also be beneficial for business growth and profitability.
Ultimately, Daniel’s wisdom and experience highlight the exciting opportunities that exist in today’s business landscape and provide valuable insights for aspiring entrepreneurs.Daniel Priestley is an award-winning serial entrepreneur who has built and sold several successful businesses and written 5 books on starting and scaling businesses.
00:00 Intro
02:50 The Most Exciting Time Of History For Businesses
04:57 Growing Small Businesses & Making Them Millions
06:14 Can Anyone Be An Entrepreneur?
06:55 How To Know If It’s A Good Business Idea
11:44 How Important Is Passion In Being A Successful Entrepreneur
14:53 Don’t Pursue Entrepreneurship For This Reason!
23:17 How To Be A Visionary
28:40 How To Be Great At Pitching Business Ideas
36:21 The Magic Of ‘With Or Without You’ Energy
41:52 The Steps To Know If It’ll Be A Good Business
50:18 Fear Of Failure
53:09 Life Force Energy & Bringing Stories To Life
58:34 The Importance Of Changing Environments Regularly
01:03:34 Starting A Business/Personal Brand
01:07:46 Soloentreneurship Doesn’t Work
01:10:30 How To Make Money
01:16:36 Your Team Is Essential In Your Business
01:19:16 How Do You Invest Your Money
01:20:53 How To Build A Business From Scratch
01:25:21 Should You Work For A Big Company Or A Start Up
01:27:54 The Humility Of Accepting Others Are Better Than You
01:31:36 What’s A Management Buyout?
01:38:08 How To Structure And How To Sale A Deal
01:41:17 AI Will Revolutionize How Businesses Work!
01:48:00 Work-Life Balance
01:51:39 Last Guest Question
You can check out some of Daniel’s businesses below:
KPI Scorecard: https://bit.ly/49mYu2w
Scoreapp: https://bit.ly/3OQ0lVg
You can order Daniel’s most recent book, ‘Scorecard Marketing’, here: https://amzn.to/4bNIGqY
Follow Daniel
Twitter – https://bit.ly/49qhSMa
Instagram – https://bit.ly/49EioWr
Join this channel to get access to perks:
https://www.youtube.com/channel/UCGq-a57w-aPwyi3pW7XLiHw/join
Get tickets to The Business & Life Speaking Tour: https://stevenbartlett.com/tour/
Flight Fund:
https://flight-fund-manager.seedrs.com
Follow me:
https://beacons.ai/diaryofaceo
Sponsors:
Shopify: http://shopify.com/bartlett
ZOE: http://joinzoe.com with an exclusive code CEO2024 for 10% off
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@TheDiaryOfACEO
Can I ask you all a favour? If you enjoy this episode, could you please hit the like button 👍🏾 it helps us massively. Appreciate you all! 🙏🏽
@TimothySolomonZA
https://www.youtube.com/watch?v=u0o3IlsEQbI&t=1685s
Loved this: The CAPSTONE for the perfect pitch:
Clarity
Authority
Problem
Solution
The Why
Opportunity
Next Steps
Essence
@Jonathancolter7100
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.
@vestaglobal2983
Met this guy years back in London. He wrote books on How to Get Rich, however he himself was very far from being rich. His girlfriend told me that they were renting a place in a fairly modest if not run down part of London. Did anyone get what he is doing now??? Speaking about how launch a business, how to get rich…
@HeshamMuffini
If you ever listen to anything while reading comments, let it be this- go read the book 25 Money Secrets From Donald Trump, then come back and thank me
@user-kl3ps8hy6n
Ja bra kontakt förutsättning för att kunna tjäna pengar och dåliga kontakter ska man försöka hålla sig undan 07
@user-kl3ps8hy6n
Ja visst är det lättare att tjäna pengar när man har den första miljonen eller en en och börja från noll och liksom men det är också när man har den miljonen och får storhetsvansinne i såna här konstiga när det är såna här dåliga tider rosta stabila tider och förlorade den miljonen också också så det gäller att tänka jag håller med det är man ska nog vänta tror jag men man väntar tills man det kommer när man se kommer ett klipp liksom istället för atttvinga fram en affär det och liksom kämpa och kämpa med den det kommer om man gör lite små affärer som går bra man vet går bra till sist så kommer den där riktigt riktigt bra affär och man kan känna de större pengarna 07
@BrilliantBusinesses
Sometimes you need to take a step back to move forward .. https://youtu.be/FlbFoFCpsxE?si=EMFbTJ2b4OV4z2ut
@Azeteck
Yo
@dharmeshabhindi
Has anyone (including Steve) actually confirmed this guy's credentials? I'm happy to be proven wrong but after my due diligence into this guy, he's spent the last 20+ years being an expert in entrepreneurship and teaching it, but I'm struggling to find evidence of the businesses he's referring to. I've checked Companies House, his website, Linkedin, other articles, and even in this podcast, he refers to several multi-million pound businesses, but he never mentions their names, what they did/do (he could've sold them, close them down, etc.) but I'm struggling to find any information on them.
Again, I'm genuinely curious about the businesses and considering he's managed his way onto this podcast, I'm sure he's legit, but what are his past businesses he keeps going on about?
@hyejunart
this might be the best episode I've come across! Thank you for this 🙏
@juanpirafaelli2928
"The vision for the future is what do I want to see happen in the future if all of this goes well and other people are doing it too, what would this look like in the future what would 10 years from now. And and then the mission is what is the most high value thing that I could possibly do that's in alignment with that Vision so essentially if there is a strong alignment between origin mission and vision something happens."
@HugoBergmann-lu4nd
I admire your dedication to educating your audience. We all aim for financial stability and a better life. Achieving this is possible through wise investments, frugal living, and careful budgeting. I'm grateful that I learned the importance of working hard for financial freedom at a young age.
@nousheendenath5271
What are the names of his books?
@syon600
Wish my son wd listen to this. V high value advice
@uptopmikep7065
Wow! Light bulb moment for me during the discussion about visionary vs reptile modes. Time for a shift. Thank you!
@AdrianButler86
Pure genius!!! He said manufacture demand lol sound sinister but it's not haha. He's describing the work one should do before ever making a product or delivering a service. Testing the waters for customer base and also for doing it for pitching it to investors for fund raising. This actually takes alot of fear and uncertainty out from the mind of the idea creator. Less committed and less capital if any needed at first. This describes true capitalism!
@discostoo
5 months ago, everyone in here must be rich now eh?
@jasonjosephlee
Something I have learned is that we only make money on things we own, it is almost impossible to make a significant amount of money on a regular job. This is why it's pivotal to buy real estate.
@ronretz1797
Best DOAC episode in my opinion 😀
@RobertBrown..
Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.
@PersonManManManMan
(6@89)))
@remvisions260
How do I become rich off a dairy farm
@Thisismyboomstick85
I'm 10 minutes in, and you're telling me to craft a waiting list for my 0 email subscribers because paypal founder, super famous multimillionaire Elon Musk backed the Cyber Truck by starting a waiting list…. bro… get real.
@22448
Am I willing to build my Campervan business in the adventure capital of the world in an accommodation problem ..I bought one Campervan rented it successfully and sold it for a profit hm👂
@22448
Roles Royce does the same as roylex .. anything is worth what someone is willing to pay for
@marcus-johannesvermin5202
Daniel Priestley – Legendary mindset
@socialmediainfo-um6hw
Just subscribe and loving all the knowledge that is given.
@QayiyaMafola-g8k
I wish I could repost this…
@b005t3r
Good people of the internet, please report bs like this one. Thank you.
@Ob65
One of the very best episodes I’ve seen. Exactly what DOAC should be about. Best episode since Nick Jenkins! Thanks boys.
@jaeaur
Good value. thanks.
@protoshell
I hate people. So I'm basically f'ed and stay poor.
@GeorgeFuchsEnt
“HOW TO GROW MONEY” steps below…
@dagoelius
I still dont know what he does or what he's selling.
@birdienumnum3365
We are all here 1 step before we become millionaires next month. It was so easy all this time 🙂
@Vic-1618
This idea just hits me – You could have the best product in the world, but if no one knows about it or understands its value, it won't go anywhere…
@tyruswatson2115
7 elements of a winning pitch
CAPSTONE
Clarity
Authority
Problem
Solution
The “Why”
Opportunity
Next Steps
Essence and Emotion
@johnnygodto5688
Buying boomer businesses is a dumb idea. Almost all of them have family and children who are successors. Very few have no successor.
@ponchupeechu
Our economy would be so much more vibrant if every leveraged buyout by a private equity fund was instead sold via a management buyout.