Grit it Done: A Low-Risk Guide to Entrepreneurial Business Ownership - Reid Tileston
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Summary
In this episode of The Wayfinder Show Luis interviews Reid Tileston. Reid, an expert in entrepreneurship through acquisition, shares his journey of business ownership, acquisition, and success. He discusses the importance of naming a business, the benefits of acquiring existing businesses, and the impact of SBA financing. He also shares his unique morning routine and the pivotal moments in his entrepreneurial journey. Reid emphasizes the value of entrepreneurial business ownership and the opportunities it presents for autonomy and relationship building. The conversation covers the topics of entrepreneurship through acquisition, the value of relationships, and overcoming limiting beliefs. It emphasizes the importance of self-assessment before pursuing entrepreneurial endeavors and provides insights into the mindset and strategies for success in business ownership.
Takeaways
- Reid Tileston's journey of business ownership and acquisition highlights the value of entrepreneurial business ownership and the opportunities it presents for autonomy and relationship building.
- The benefits of acquiring existing businesses and the impact of SBA financing are discussed, emphasizing the importance of strategic business decisions.
- Reid's unique morning routine reflects the principle of prioritizing personal growth and the value of perseverance in doing hard things.
- The pivotal moments in Reid's entrepreneurial journey underscore the role of failure as a primer for future success and the opportunities presented during economic downturns. Entrepreneurship through acquisition offers a unique opportunity for business ownership without the high failure rate of startups.
- The value of relationships is crucial in driving results and overcoming limiting beliefs.
- Self-assessment is essential before pursuing entrepreneurial endeavors to ensure alignment with personal goals and motivations.
The World Famous Wayfinder 4
- Hack: Do exactly the things you don’t want to do at the times you don’t want to do them
- Favorite: Move and book “Shawshank Redemption”
- Advice for younger self: Relationships drive results
- Limiting Belief and how to overcome it:
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Host Information:
Luis Hernandez: Facebook, Instagram, LinkedIn, Twitter
email: thewayfindershow@gmail.com
We want to give a huge shout out to our friend, Jast Collum at 756 Productions, for creating our intro and outro music. This guy is a beast.
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