FFN 066: Building a Business
Episode Stats
Words per Minute
201.7611
Summary
In this episode of The Order of Man, Ryan talks about the benefits of entrepreneurship and why you don't need to be an entrepreneur to be a man. He also shares his personal story of how he went from working a 9-5 job to owning a business.
Transcript
00:00:00.000
You're a man of action. You live life to the fullest. Embrace your fears and boldly chart
00:00:05.000
your own path. When life knocks you down, you get back up one more time. Every time.
00:00:10.460
You are not easily deterred or defeated. Rugged. Resilient. Strong. This is your life. This is who
00:00:17.240
you are. This is who you will become. At the end of the day, and after all is said and done,
00:00:22.800
you can call yourself a man. Gentlemen, what is going on today? My name is Ryan Mickler,
00:00:28.020
and I am the host and founder of the podcast that you are listening to right now, The Order of Man.
00:00:32.840
Each week, I'm interviewing the world's most successful men. I'm getting into their minds.
00:00:37.220
I'm learning what inspires them, what motivates them, and essentially what makes them tick,
00:00:41.580
and then we're delivering those conversations to you. Today, guys, is a little different. If you've
00:00:46.160
been with us for any amount of time, you know this is our Friday Field Notes where I share some thoughts
00:00:50.180
that I've had from throughout the week. If you're just joining us, now you know. I do have a quick
00:00:55.080
favor to ask of you before we get into the conversation for today. If you would, please
00:00:59.580
make sure you subscribe to our show so you never miss an episode. And second, and this one means a
00:01:04.280
lot, guys. Please, please, please take a minute or two and leave us an iTunes rating review. We are
00:01:10.520
close to hitting 500 reviews, and while that number would be great, the fact is that reviews go such a
00:01:16.880
long way in helping us gain some visibility for the show. We are constantly around the top 50 or so
00:01:23.860
in all of business, in all of the world, which is staggering to me, but that said, I've got my
00:01:29.180
sights set higher. And with your help and you spreading the message, I think we can do it.
00:01:33.820
Also, if you would, take a look at our exclusive brotherhood, The Iron Council. I'm not going to get
00:01:38.680
into all the details too much today, but this is an opportunity for you to join a group of like-minded,
00:01:45.280
high-achieving men, and you can learn more about what we're about at orderofman.com
00:01:50.220
slash ironcouncil. All right, with that said, let us get into the discussion for today.
00:01:55.720
I want to talk with you about building a business and the power that comes from and is inherently
00:02:00.580
found in entrepreneurship. I know that's a buzzword these days, but I think that's because there's so
00:02:06.560
much good that comes from this capitalistic society in which we live. It's not perfect,
00:02:11.900
but each and every one of us have the ability to think of an idea and more importantly, to actually
00:02:18.280
make it come to life. And before I get into some tips and ideas that I have, I need to throw out
00:02:23.660
a disclaimer because inevitably somebody's going to say to me, Ryan, you don't need to be an
00:02:28.220
entrepreneur to be a man. Please understand me in no way, shape, or form. Do I believe that?
00:02:34.600
We're simply talking about today, something that has been beneficial in every single person's life,
00:02:39.760
whether you're the entrepreneur or you've enjoyed the benefits of the entrepreneurial spirit.
00:02:45.640
If you're an employee of a company, that's cool. If you're working up the corporate ladder,
00:02:51.160
that's cool. I don't think less of you. And I don't think that makes you less of a man.
00:02:55.840
The second disclaimer that I need to make is that I am not an expert. I am learning how to build a
00:03:01.240
business myself. I feel like I've gotten some things right. And obviously I've gotten some things
00:03:06.400
wrong, but I grew up in an environment that was anything but entrepreneurial. I didn't sell
00:03:10.880
or trade baseball cards on the playground. I didn't sell lemonade on the side of the road when
00:03:15.960
I was a kid. I didn't go door to door offering my lawn mowing services. My mom has always been
00:03:21.920
an employee. So business ownership has been the furthest thing from my mind. And what I want you
00:03:27.780
to know is that I don't have some course to sell or some book to sell you. I have no vested interest
00:03:33.880
in the information I'm going to share with you other than it's been working for me.
00:03:38.080
Good. Now that we're clear, let's talk about this. After all of my years as an employee working from
00:03:43.360
company to company and job to job, I have come to the realization that there is just something about
00:03:48.620
having the pressure of owning a business on my shoulders. That if I win, it's because I made the
00:03:54.860
right choices and I did the right work. And if I fall short, it's my own fault. That to me is
00:03:59.660
empowering because it means that when I do fall short, I have complete and absolute control over it.
00:04:05.260
And what's also amazing in building a business is the process of having a moment of inspiration
00:04:12.420
and nurturing that idea into a viable strategy and working that strategy over and over and over again
00:04:19.480
with a lot of reflection and analysis and then creating something that people value and want.
00:04:25.600
And this is most important that they're willing to pay you for all from a simple idea, synopsis,
00:04:32.300
firing in the brain. That is an incredible process to me. So let's break down some lessons.
00:04:39.140
Of course, I'm not going to have the time to share everything with you today because there are so many
00:04:43.560
layers to this. But if I can share with you three or four tips or tools, strategies, techniques,
00:04:48.660
tactics that you can begin to see where you need to focus some of your time and attention as you work
00:04:53.340
on your business. And the first thing I want to talk with you about is the passion debate.
00:04:59.140
Some people are going to tell you to find something you're passionate about and others will tell you
00:05:03.120
that's a fallacy and passion can be developed later. If you actually want to hear more about the latter,
00:05:08.640
you can check out my interview with Cal Newport. He's the author of Deep Work, among other books.
00:05:14.300
That interview is at orderofman.com slash 063. Quite honestly, though, guys, I don't know.
00:05:20.220
I don't know if it's one or the other. I think it's probably a combination of both.
00:05:23.140
I do believe that if you truly want to create a thriving business, you better at a minimum
00:05:27.980
be at least interested in the subject. I think a lot of people chase the money. And while I think
00:05:33.540
it's important also to take a look at market trends and strategies, we live in a place in a time that
00:05:38.840
you can make money doing just about anything. I've had ups and I've had downs in my business. And
00:05:44.500
without some level of interest in what I'm doing, I think I would have given up on this thing a long
00:05:50.580
time ago. If you can't be excited about whatever it is you're doing, you're going to give up quickly
00:05:56.640
and you're never going to get to the point where you are engaged in the deep and meaningful work
00:06:00.720
that Cal Newport talks about, which leads me to my next point. And that is that you should be in this
00:06:07.340
game for the long haul. I started Order of Man in March of 2015. So as of this recording, we've been
00:06:14.620
going for about two and a half years. I didn't make a single dime, not a single dime until November
00:06:20.220
of that year. And that month I only made $1,100. And that means a lot of late nights and early
00:06:26.960
mornings and weekends of busting my tail to get this thing up and running without any compensation.
00:06:34.620
And if you don't have the entrepreneurial mindset that this is going to take some real dedication
00:06:38.860
and some real discipline and a whole lot of time, you're not planted and grounded in the reality of
00:06:44.640
the actual situation. Most internet gurus want to talk with you about the short game. They want to talk
00:06:49.600
with you about how easy it is to make money and how they were an overnight sensation. I think some
00:06:55.860
entrepreneurs are just trying to deceive you probably to sell you something. And I think there's
00:06:59.560
others that have forgotten what it took to reach the level of success that they enjoy now. But playing
00:07:05.760
the short game also keeps you from making good decisions. If you're playing to win immediately,
00:07:11.460
you might make some decisions on products or offerings or your messaging that are going to help you now,
00:07:18.120
but they're going to hinder you later. And then on the subject of products and offerings and
00:07:23.780
messaging, if you're going to be an entrepreneur, and this is my third point, you need to know that
00:07:28.420
you are now a marketer. You're not an entrepreneur or a business owner. You are a marketer. Now, a lot of
00:07:35.240
people will say that the product is the most important thing. I'm not going to tell you that because
00:07:40.060
that's a given. You've got to have a good product. Everyone already knows that. But if you can't market
00:07:45.680
your product, you're dead in the water. You are now a marketer first and a fill in the blank second.
00:07:53.760
Marketing is about knowing your audience. It's about understanding their pains and frustrations.
00:07:58.840
It's about sharing your product or your service in a way that resonates with those pain points.
00:08:04.280
And if there's one thing that you need to get better at when it comes to marketing,
00:08:07.520
it's the ability to tell a good story around your brand and your product and your service.
00:08:12.380
Do that and a lot of other things will fall into place. And then on a finer point of marketing,
00:08:17.660
and this is the last point that I want to talk with you about today, it is imperative that you
00:08:21.560
find a way to stand out. It is so easy to get lost in the sea of sameness. Now, one of the
00:08:28.180
unintended consequences of the beard that I have grown is that I stand out in a crowd. I can't tell
00:08:33.700
you how many conversations I've been able to strike up simply because I look different than everyone
00:08:38.360
else. Another point of difference in my day-to-day life is the vehicle that I drive. When I'm cruising
00:08:43.920
around town, I drive a topless 76 International Scout. I've had so many people come up to me and
00:08:50.200
tell me about their first car or how their dad would take them camping in their Scout. My Scout is an
00:08:56.480
instant barrier crusher. It's unique. It stands out. And people are always interested and willing to talk
00:09:03.980
about something that they don't see every day. So guys, entrepreneurs, aspiring entrepreneurs,
00:09:10.540
that's all I have for you today. Again, not every man needs to be an entrepreneur. It certainly
00:09:15.080
is not for the faint of heart, but I can tell you that I get a little chill up my spine when I see a
00:09:20.020
man who has an idea and then he breathes life into that idea for the benefit of himself and his family
00:09:25.900
and the people he is there to serve. We live in an incredible time, unlike any other time in human
00:09:31.780
history where the barrier to entry to building a business and being an entrepreneur has never been
00:09:36.760
lower. And what a huge blessing I think that is for all of us. As for me, I wouldn't have it any
00:09:42.980
other way. Guys, I'm going to sign out for now. I will look forward to talking with you next week,
00:09:47.180
but until then, take action and become the man you are meant to be. Thank you for listening to the
00:09:53.000
Order of Man podcast. If you're ready to take charge of your life and be more of the man you were meant
00:09:58.020
to be, we invite you to join the order at orderofman.com.