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487: From Layoff to Launch: Navigating Entrepreneurship with Steve Lomas

Thinking about quitting your job to start a business? Think again! Veteran entrepreneur Steve Lomas shares candid advice on the realities of entrepreneurship, the importance of mentorship, and the emotional rollercoaster of building a business. ๐ŸŽข

๐ŸŒŸ Here are 3 Key Takeaways:

1๏ธโƒฃ Seek Mentorship Early: Surround yourself with mentors and advisors who aren't financially tied to your business. Their objective feedback can be a game-changer. ๐Ÿ’ฌ

2๏ธโƒฃ Delay Financial Dependence: Don't quit your day job just yet! Steve emphasizes the importance of not relying on your new business for income right away to minimize stress and preserve your savings. ๐Ÿฆ

3๏ธโƒฃ Embrace Continuous Learning: The entrepreneurial journey is a never-ending learning process. Books like "The Business of Expertise" by David C. Baker and "Pricing Creativity" by Blair Enns can provide indispensable insights. ๐Ÿ“š

Don't miss this invaluable guide to resilient entrepreneurship! ๐ŸŒŸ๐Ÿš€

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Take the 5 Day Mastery Challenge

The 5-Day Mastery Challenge is a powerful, transformative journey designed for purpose-driven entrepreneurs ready to unlock their full potential. Inspired by the core principles of the book Flame Starter, this challenge will guide you through seven days of intentional growth and self-discovery.

Each day, youโ€™ll receive an actionable email that dives into a key mastery concept, offering practical steps and insights to help you:

  • Master Yourself: Develop clarity, discipline, and focus in your personal and professional life.
  • Master Your Purpose: Align your goals with your higher purpose and begin living with intention.

The challenge concludes with a call-to-action to deepen your growth by owning your copy of Flame Starter, so you can continue your mastery journey with confidence.

Join the 5-Day Mastery Challenge and take the first step towards mastering yourself and mastering your purpose.

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About the Podcast

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Journey To Mastery
Master You. Master Purpose.

About your host

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Elzie Flenard III

Elzie D. Flenard, III, also known as "The Mayor," is a multifaceted entrepreneur, creative thinker, and dedicated family man with a fervor for igniting the spark of enterprise in others. Born in Chicago, IL and raised in the small town of Mounds, Illinois, Elzie's humble beginnings have shaped his approach to business and life, teaching him that no matter where one comes from, success is within reach.

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