How to Build a Better Brain, Brand & Business! – Patrick Schwarzenegger
Dave Asprey
Jul 4, 2024
Mindsip insights from this episode:
Learn from mentors to uncover success clues
Instead of just taking the plunge, it's better to first work for and learn from successful entrepreneurs you admire because success leaves clues.
Launch online first to educate consumers and control conversation
Launching a brand online first allows you to directly educate consumers and control the community conversation, which is difficult to do on a retail shelf.
Understand franchise and CPG profitability dynamics
The biggest difference between a franchise and a consumer product goods (CPG) company is that a franchise must be profitable quickly, while a CPG in growth mode often isn't.
Instill strong work ethic through disciplined upbringing
A strong work ethic was instilled through extreme discipline, such as having lightbulbs unscrewed or beds thrown over the balcony for not following household rules.
Transform mistakes into lessons for growth
A mistake is only a failure if you repeat it or don't learn from it; otherwise, it's a lesson that helps you grow.
Invest in mission and passion of entrepreneurs
The best investment strategy is to bet on the mission, the 'why,' and the hunger of the entrepreneur, rather than focusing on complex financial models.
Integrate health into relationships through group activities
Instead of prioritizing health over relationships, you can intertwine them by doing healthy activities like group workouts or socializing with non-alcoholic drinks together.
Fuel brain health with Mosh bar's nutrient-rich ingredients
The Mosh brain health bar is formulated with grass-fed whey protein, collagen, ashwagandha, lion's mane, MCT oil, and vitamins B12 and D3.
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