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#200: Al Elliott is a podcast host, mentor, business leader and friend. Al and I explore how I transitioned from a lawyer to a career coach, the three stages of creating a business, and the lessons I’ve learnt from a year of self-employment.
What you’ll learn
- [03:40] How I transitioned from a lawyer to a career coach.
[06:38] What it feels like to leave a career you’ve been doing your whole life.
[11:33] Advice for people who are starting a new business.
[15:52] The problem with having too many options.
[22:28] Mentoring university students.
[23:56] How to find the right niche for you.
[26:30] How ChatGPT can help you find the perfect career.
[28:44] The thought process you need to follow to find a well paid niche.
[34:03] How to know if you’ll enjoy your career.
[37:12] When you start a business should you enjoy it?
[41:22] The difference between doing what you love and loving what you do.
[44:56] The difference between a lifestyle business and a scalable business.
[48:18] The type of people that are successful at building a scalable business.
[50:07] The different motivations people have for starting a business.
[52:49] How long it takes for a business to start making money.
[56:36] How to validate a business idea.
[59:32] Steps you can take to learn about what the market wants.
[1:04:53] The three stages of business.
[1:10:25] The type of people that are good at starting a business.
[1:13:10] How to increase the number of conversions an email campaign has.
[1:16:10] How to convert a conversation to an offer.
[1:21:30] The experimentation phase of starting a business.
[1:23:49] Lessons learned from starting a business.
[1:27:53] How to use ChatGPT to practice conversations.
[1:30:22] A review of what I’ve done in the last year for my business.
[1:35:44] What I’m excited about and what I’m scared about.
[1:39:37] The opportunities that come through networking.
Resources mentioned in this episode
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For the show notes for this episode, including a full transcript and links to all the resources mentioned, visit: