MFCEO Project Podcast

What do you get when five entrepreneurs of varying ages win a contest and come hang with The MFCEO? You get an hour of great questions and incredible answers. In this episode of the podcast, Andy Frisella hosts a Q&A with the winners of The MFCEO Project's 100th Episode Contest. From building confidence and being an alpha male to the service industry's neglect of social media, the conversation is rich, wide-ranging, and packed with insight.

How do you make a real change--in business and in life? How do you negotiate transitions, exchange bad habits for good ones, and transform how you look at life? In this episode of The MFCEO Project, Andy Frisella and Vaughn Kohler talk about the art of metamorphosis for the sake of success. (And as a bonus, Andy provides his take on common sense and common mistakes in relationships.)

"What if I get successful and lose all my friends?" That's a question that The MFCEO gets all the time. "Listen," says Andy Frisella. "As you move up the ladder of accomplishment, your peer group will change." Why? Because you will change. You will become a better, more badass person; and better, more badass people will be attracted to you and your life. It doesn't mean certain members of your old peer group are bad people. It just means that you've become very different people with different hopes, dream, and goals--and moving apart is natural. You better accept it. The alternative is keeping your friends--and staying average and mediocre.

Everyone says it’s lonely at the top, but it doesn’t have to be. Find support, connection, and relationships where you can and enjoy them while they’re there. And move on to new connections when the time comes.

Entrepreneurs are always asking how to get opportunities, how to network, and how to get opportunities. According to The MFCEO, the best way to find opportunities is to put yourself in motion: meet people, shake hands, get in conversations, and do sh*t! Bottom line: you don't find opportunities. You create them!

It's great if you are out there trying to build a business and life of value. But too many people out there are complaining that they have "haters." According to The MFCEO Andy Frisella, very few people have accomplished anything significant enough to have haters. The haters are imaginary; they exist in the minds of people who want to create excuses for their lack of progress. In reality, you might be on the receiving end of legitimate criticism. If that's the case, don't call it "hate." Accept it humbly. Learn from it. And use it to truly accomplish great things.

In entrepreneurship and in life, timing is vitally important. A good decision made at the wrong time is a wrong decision. Like a good NFL running back, you have to know when to let obstacles in your way pass--and when to move ahead and plow right through them. In this episode, Andy Frisella explains that while mastering the art of timing is very difficult, the very first step is to be aware of its incredible importance.

What is personal branding? Is it only important for a chosen few or everyone? Recently, Andy Frisella was featured in an Inc. Magazine article on the topic. Whether it is being mindful of the online presence you have cultivated over time, transferring solid social skills from real life to digital platforms, or creating content that is an authentic reputation of who you really are, successful entrepreneurs have to be aware of the critical issues connected to personal branding.

This is a 2-for-1 Thursday Thunder! First: are you an entrepreneur who likes to take "the shotgun approach?" Do you come out with a product, release it to the public, it goes "okay" but not good, so you just move on to another product--or even another company? According to Andy Frisella, most people don't understand that success takes time and tenacity. They don't have the aggressive patience necessary to succeed. Without it, they will bounce from one thing to the next and never enjoy the amazing results that are bound to come. Second: When it comes to personal branding, are you comfortable tooting your own horn? You need to be.  If you don't, nobody else will do it for you.

When you're in business, most of your revenue is generated by repeat customers. So it is not only important to gain customers, it is vitally important to keep them. You cannot think of customers as a one-time transaction; but rather think of them in terms of their lifetime value. In this episode of The MFCEO Project, Andy Frisella explains how to gain, maintain, and retain customers. Bottom line: if you want to move up in the world of business, you've got to learn how to follow-up and follow-through.