MFCEO Project Podcast

Among other things, Mark Bell is a former champion power lifter, entrepreneur, the owner of the Super Training Gym, and the inventor of the Sling Shot. The MFCEO's wide-ranging conversation about the story of Mark's success will leave you educated and motivated. From pressing on through adversity to inventing and selling a product, no stone has been left unturned in this comprehensive discussion on what it takes to succeed in business and life.

How do you stand your ground against the goliath of your industry? Should you be flattered that industry leaders are following your steps on social media or worried they are about to pounce on us? Should we wait and get business open with a bang (sort of like a Trojan Horse) or should we tease our clientele with what's common and create a buzz--but risk giving our competitors a chance to prepare for us? These are questions Andy Frisella was asked by listeners and social media followers. The MFCEO's short answer: F*uck your competitors! Why are you worried so much about them? Focus on you."

Even if there was a quick and easy path to get rich and powerful, the MFCEO says you shouldn't take it. Why? Among other reasons: when you get money easily, you lose it easily. It takes time and experience to become the kind of person who can really handle large sums of money. And you cheat yourself out of the things you gain when you take the long and hard road: a great story and the right to respect.

If you are waiting to see what other successful people do just so you can do the same thing, you are doing yourself a disservice. It's one thing to notice what someone else does well. It's legitimate to cherry pick a good idea or best practice and apply it to your life and business. But here's the bottom line: whatever you draw from someone else should be adapted and be developed for you. Personalize it or pass on it.  You don't want to be a carbon copy of someone else.  It's less than you deserve and bad business.

One idea that doesn't belong in an authentic entrepreneur's mind is the idea that somebody is out to get you. That someone is trying to put obstacles in your way and keep you down. That's false. The reality is, it's up to you.  You have to grow your skills. You have to create the opportunities. You need to put in the work. The only person you should be worried about is yourself.

How do the rich manage their money? Do they keep a budget like average people? Do they avoid impulsive purchases? How do they use credit cards? Do they care about their credit score? In this episode of The MFCEO Project, Andy Frisella covers the basic principles and best practices for anyone who wants to get and stay rich.

There's a common mistake that stalls a lot of people's progress. They may be on their way to achieving their goals, making more money, but then all of a sudden, they hit a brick wall. Why? It's because people assume that the same plan and practices that earned them some success at the early stages of their life can be applied to every other stage. It can't. Yes, there are fundamentals to success. But you also have to be adaptable. Your plan has to evolve. Your skill set has to be developed and reinvented. Bottom line: if you want to continue fulfilling your own true potential, you have to learn to change.

In today's day of entrepreneurship, we have young people (and old people, too!) who are constantly looking for the grand slam or overnight success. They want to try to mimic the stories they read about that say how someone took a rocket ship to mind-boggling wealth. Here's the reality: in spite of the rare stories that are posted all over the internet, there's no easy way to earn big money. You have to provide value. You have to execute in an exceptional way. You have to do the things that are difficult. But--in the end--these things pay off.

The most valuable thing you are going to learn in business isn't how to sell. It is how to manage a team, from the guy sweeping the floor to your highest-level VP. Mastering the art of leadership is hard, but worth it. So how do you learn how to lead? The first step is to make a habit of taking initiative. When you see something that needs to be done and you do it well, you're on your way to becoming an incredible leader--the kind that knows how to build wealth and build an empire.