Dr. Robert Zoellner

ThriveTime Show CEO / Optometrist / Entrepreneur / Venture Capitalist

Clay Clark

Founder of ThriveTime Show / U.S. Small Business Administration Entrepreneur of the Year

DrZimage Mobile

Clayimage Mobile

ClayProof

GAIN TIME&FINANCIAL FREEDOM

The World’s Highest Reviewed
Business Growth Program.

We’ve Helped over 1,700 business owners.
See their stories.

Business Coaching

Get 1-on-1 business coaching guaranteed to grow your business by 30% this year.
Learn More

Business Podcast

Listen and subscribe to our podcast hosted by business owners that have grown 13 multi-million dollar businesses.
Learn More

Business School

Watch 1,000+ videos on how to start/grow a business taught by mentors such as NBA legend David Robinson, Michael Levine, and many others
Learn More

Business Conference

Join our 2 day extensive business conference led by Forbes Council Member and SBA Entrepreneur of the Year, Clay Clark
Learn More

Subscribe to The World’s #1 Business Podcast

iTunes Charts

Listen Now

We’ve interviewed some of the country’s most influential entrepreneurs, speakers, and athletes and there’s much more to come.

Featured Guests Include:

“You guys are brilliant, entertaining, and crushing it!”
– Craig Groeschel
Founder and head pastor of LifeChurch.tv
One of Seth Godin’s Favorite Interviews He Has Ever Had
“This has been thrilling!”
– Seth Godin
Best-Selling Author of 18 Books Including Purple Cow

Meet the Business Owners Who Built ThriveTimeShow.com

drZoellner

Dr. Zoellner

ThriveTime Show CEO /
Optometrist / Entrepreneur /
Venture Capitalist

See Businesses

Clay Clark

Clay Clark

Founder of ThriveTime Show /
U.S. Small Business Administration Entrepreneur of the Year

See Businesses

business-coach-video-1

business-coach-radio-listen-live

Business Coach Teaching 19 Steps to Wealth

Business Coach StepsIn this transcript, Tim Redmond (Growth business coach and CPA) and Clay Clark (US SBA Entrepreneur of the Year) discuss the 19 steps to practically accumulate wealth on Thrive15.com, one of the top business schools in PA.

Clay: Now according to Warren Buffett’s partner and quasi business coach, Charlie Munger, he says [Berkshire’s 00:00:10] record would have been terrible if Warren didn’t keep learning. Let me try that again. Berkshire’s record would have been terrible, if Warren didn’t keep learning. Berkshire [Hathaway 00:00:20], for anybody watching this who is not aware, Berkshire Hathaway is the investment fund that Warren Buffett is the majority shareholder of. It’s the most successful year-to-year returned investment out there, for years running.

Tim: Since the 1960s, yeah.

Clay: It’s unbelievable. He was saying, the rate … The company, the rate of their growth, it would have been terrible if Warren hadn’t kept learning through all these years.

 Tim, you work with busi-, you business coach clients all over the world. You coach executives, small business owners. I know you do a lot of work in that mid- to large-business range there. Why don’t more business owners keep learning? Why do you meet these guys who have a $20 million business, that they either took over or that they started, and they’re just drifting? What’s going on?

Tim: It’s back to that disease called comfort. Now I was just in Brazil, I was talking to a judge, kind of a high-up guy from Argentina. He knew this guy that I studied, an economist from Argentina, [Mariano Brandana 00:01:20]. He did an analysis of rich nations versus poor nations.

 He said the poor nations, they work enough to get their needs met. Once their needs are met, they stop working, and they pull back on that. Then the rich nations, what they do is they find a cause greater than themselves that they’re serving, that keeps them pushing, that keeps them going on this.

Clay: Let me … I want to clarify this, because I think somebody watching this maybe is getting a little, they’re getting kind of confused here. There’s a difference between greed, and trying to make enough money to meet a need greater than yourself. I want to give an business coach example.

 If you’re a business coach or an entrepreneur watching this, and you say, “I already have all the money I need, and I already have a nice house and a nice car. I just want to keep earning money, for just the accumulation of wealth.” Because we live in a great country, if you’re watching this in America, you can keep doing that. I would even say that you’re probably not greedy, because by you just creating wealth it creates jobs, and more people get paid, and I have no issue with it.

 What you’re talking about is actually focusing on a need greater than yourself, that is so big that you could never possibly finish it maybe? Or …?

Tim: Oh yeah. I would say almost every business I’ve ever business coach there is huge growth. Even in tough times, there is huge growth, and huge opportunities right under their nose. When we diversify? When I work with clients and we diversify? We diversify within their business, there is so many opportunities within that. What industry they go after, a related product. A core competency that they can do this along with doing that.

What I see that business owners do is they get comfortable. They don’t allow the fire of desire to get really clear on the [other side of it 00:03:14].

Clay: The fire of desire!

Tim: The fire of desire!

Clay: Sorry.

Tim: I’m going to get my harmonica out here and make a business coach jingle.

 Anyway, but we’ve got to get this fire of desire, that’s going to feed this cause, this part of us that’s desperately wanting to be fed. That is to serve other people, to serve a cause greater than me. There have been studies done by this. There’s the most popular class at Harvard University talks about this. The driving human desire is the need to contribute to other people.

Thrive15.com is one of the top business schools in PA and helps feed the fire of desire.

What happens, we get comfortable with where we’re at. We have all of our needs are met. We don’t feed our fire of desire, so we sit down and we say, “Look what I’ve done. I’m just going to relax now, there’s no need to grow.”

Clay: I’m going to share a little mystical statistical here for you. This is from Dave Ramsey, and richhabitsinstitute.com. It says, “88% of wealthy people read 30 minutes or more each day for education or career reasons vs. 2% of poor people.”

 Tim, I know that you’re super busy. I have five kids, I have the different businesses I run. You have a wonderful wife, you have kids, there’s a lot going on. You coach clients. When do you typically try to get your daily reading time in?

Tim: I love doing it first thing in the morning. My brain’s awake, it’s fresh, it’s ready to rock and roll. I do meditations and visualizations and declarations, and I walk. I also get back to make sure I do some reading.

Clay: If you’re watching this right now, an action step you can take is ask yourself, what is a time you can schedule where you block out that time. I know there’s a lot of people watching this. I met one business coach lady this year, she lives in New York City. She was explaining to me that because of all the sounds? Because of all the distraction, and because she has roommates, it’s not possible for her to really learn, or to read anything, except for in the morning time. Some of you it might be night time, but you’ve got to find that time.

Tim: Find the time.

Feedback

Let us know what's going on.

Have a Business Question?

Ask our mentors anything.

Reserve Your Seat

Attend the world's best business workshop

  • Credit cards accepted

Get More Info

Learn more about the world's best business workshop

Get Started

Your first month is ONLY $1!

Get Started

Schedule your FREE 60 minute coaching session

Don't miss out

Watch the rest of this video and get access to thousands of other online trainings by signing up for an account. Get Business School for $1 Go Back Home Browse More Videos

Get Your FREE eBook

Get Your FREE BOOM eBook

You will be redirected to your dashboard in a moment.