The Knowledge at Wharton Network Acast feed serves as a curated showcase highlighting the best content from our podcast collection. Each week, we feature one standout episode from each show in the Wharton Podcast Network, giving listeners a comprehensive sample of our diverse business and academic content. This rotating selection allows audiences to discover new shows within our network while experiencing the depth and variety of Wharton's thought leadership across different topics and forma ...
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EP350: Unlock or Stay Stuck w/ Jonas Olson The Pest Control Millionaire
Manage episode 516318010 series 2494606
Content provided by Eric Triplett. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eric Triplett or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Today's podcast interview is with Jonas Olson, the "Pest Control Millionaire," where he and Eric discuss his rapid business growth and entrepreneurial philosophy. Olson emphasizes the importance of a strong mindset, competitiveness, and calculated risk-taking to achieve success, drawing on his personal history of being the youngest of four competitive siblings and working hard on a farm. A significant portion of the conversation is dedicated to overcoming business plateaus, such as the $2 million revenue "black hole," which Olson attributes to being the bottleneck and the necessity of hiring skilled integrators and being willing to "break the machine" to force growth.
They also examine key business strategies, including open-book management (using the "100 pennies" demonstration) to educate employees on profit margins, the effectiveness of a door-to-door sales model for high volume, and the importance of charging premium prices based on being the best in the market. Finally, Olson strongly advocates for prioritizing personal health and fitness (treating oneself as a "million-dollar racehorse") to ensure longevity and outlast competitors.
Key Takeaways:
- Treat yourself as a million-dollar asset by investing in your health, fitness, and diet.
- Find three types of mentors: one who is young to keep you current, a peer who pushes you daily, and a veteran who has already succeeded.
- To break past revenue plateaus, intentionally push and break your machine to discover its limitations.
- Inspire yourself or your team to action by creating enough "thirst" for success and providing the necessary opportunity.
- Execute the advice you receive from mentors to prove your commitment and earn their continued investment in you.
Business & Sales Tools
Pond Industry Resources
Events & Communities
Social Media
352 episodes
Share
Manage episode 516318010 series 2494606
Content provided by Eric Triplett. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eric Triplett or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Today's podcast interview is with Jonas Olson, the "Pest Control Millionaire," where he and Eric discuss his rapid business growth and entrepreneurial philosophy. Olson emphasizes the importance of a strong mindset, competitiveness, and calculated risk-taking to achieve success, drawing on his personal history of being the youngest of four competitive siblings and working hard on a farm. A significant portion of the conversation is dedicated to overcoming business plateaus, such as the $2 million revenue "black hole," which Olson attributes to being the bottleneck and the necessity of hiring skilled integrators and being willing to "break the machine" to force growth.
They also examine key business strategies, including open-book management (using the "100 pennies" demonstration) to educate employees on profit margins, the effectiveness of a door-to-door sales model for high volume, and the importance of charging premium prices based on being the best in the market. Finally, Olson strongly advocates for prioritizing personal health and fitness (treating oneself as a "million-dollar racehorse") to ensure longevity and outlast competitors.
Key Takeaways:
- Treat yourself as a million-dollar asset by investing in your health, fitness, and diet.
- Find three types of mentors: one who is young to keep you current, a peer who pushes you daily, and a veteran who has already succeeded.
- To break past revenue plateaus, intentionally push and break your machine to discover its limitations.
- Inspire yourself or your team to action by creating enough "thirst" for success and providing the necessary opportunity.
- Execute the advice you receive from mentors to prove your commitment and earn their continued investment in you.
Business & Sales Tools
Pond Industry Resources
Events & Communities
Social Media
352 episodes
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Similar to The Pond Digger Podcast
The Knowledge at Wharton Network Acast feed serves as a curated showcase highlighting the best content from our podcast collection. Each week, we feature one standout episode from each show in the Wharton Podcast Network, giving listeners a comprehensive sample of our diverse business and academic content. This rotating selection allows audiences to discover new shows within our network while experiencing the depth and variety of Wharton's thought leadership across different topics and forma ...
…
continue reading
The Unshakeables podcast from Chase for Business and iHeartMedia's Ruby Studio dives into the unbelievable “What are we gonna do now?” moments that changed everything for small business owners. From mom-and-pop coffee shops to auto-detailing garages, every small business owner knows that the journey is full of the unexpected. A single make-or-break experience can change the course of your business forever. Those who stand firm in their resolve have a special name. We call them The Unshakeabl ...
…
continue reading
The official podcast of Rampver Financials. Delivering the best talks, advice, and recommendations about personal finance, investing, entrepreneurship, and success. Subscribe and never miss an episode!
…
continue reading
Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
…
continue reading
Tim Reid (AKA Timbo) interviews the most innovative founders in the world of small business. In this award winning podcast business owners share where their original business idea came from, how they got it to market and the strategies they used that led to their business’s unprecedented growth. Tim Reid's curiosity for what makes business owners tick and his passion for small business success means that every episode is chock full of marketing gold that will help you build that beautiful bu ...
…
continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe
…
continue reading
The latest news from the world of personal finance plus advice for those trying to make the most of their money.
…
continue reading
It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
…
continue reading
Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
…
continue reading
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