SYS 022: The Product Mentor - Interview with Mike Corradini
In demand startup mentor, consultant and dedicated entrepreneur Mike Corrandini joins the show today to talk about how he has helped over 2,000 entrepreneurs grow their businesses into the successful, systemised machines they so desperately desired. Together, Steve and Mike discuss the importance of having a mentor, the benefits of customer and business surveys and why following a specific framework can allow you to systemise your success.
KEY TAKEAWAYS
- Most people want push-button profits and do not want to work hard for them. Whilst the appeal to have people do everything for you is understandable, you have to learn how to do it yourself. Once you get your framework ironed out, you can run the business alone with the option for additional advice.
- A lot of entrepreneurs will make something and then hope and pray that it sells. In some cases, there are a lot of existing business owners with mediocre sales but something is not perfectly aligned. In that case, you can always go back and challenge your assumptions and see if there is a better product-market fit out there.
- Most entrepreneurs out there do not have the ‘sweet spot’. A great way to get feedback is to run consumer or business surveys. Survey Monkey is a great tool to use because it is virtual and also has demographic selections built-in.
- If you do not have a coach, you are selling something that you do not believe in, it is a no brainer to be mentored. Find yourself a coach appropriate for the level you are at now and who has already walked the path that you are trying to get on and listen to their advice. Letting someone else make the mistakes first is a wise decision.
- You absolutely can systemise your success. There are people out there who have never started their own business before, who have followed the system and get their desired result. Some people are inexperienced when they start out but they have faith in the systems and are able to put their egos to the side and admit that they need the help of systemizing to get them their results.
BEST MOMENTS
“Let's get some systems in place so that you don’t need me forever looking over your shoulder.”
“We want to find the best product-market fit before you actually finish or create that hiring curriculum.”
“Plug in with the right systems for your own benefit.”
ABOUT THE GUEST
Mike Corradini is a highly sought-after startup mentor and consultant. For the past 20+ years he has dedicated his life to the art of entrepreneurship. He has successfully launched numerous seven figure businesses and has helped over 2,000 entrepreneurs develop, fund, and grow their businesses. He has launched a multitude of successful business ventures himself from product development, to financial lead generation, real estate investing, international seminars, and a brokerage. Much of his success can be attributed to having mentors throughout his life to show him what to do and what to avoid. Mike and his team managed over 250 startups so he teaches based on experience, not theory. Success leaves clues and ProductMentor™ is his opportunity to pay forward the enormous experience and treasures he has collected.
VALUABLE RESOURCES
Facebook Group: https://www.facebook.com/SystemsAndOutsourcing/
Website: https://systemsandoutsourcing.com/welcome-1
YouTube: https://www.youtube.com/c/drsteveday
ABOUT THE HOST
Steve used to be a slave to his business but when he moved to Sweden in 2015, he was forced to change the way he worked. He switched to running his businesses remotely and after totally nailing this concept he decided to spend his time helping other small business owners do the same. Steve’s been investing in property since 2002, has a degree in Computing, and worked as a doctor in the NHS before quitting to focus full-time on sharing his systems and outsourcing Methodology with the world. He now lives in Sweden and runs his UK-based businesses remotely with the help of his team of Filipino and UK-based Virtual Assistants. Most business owners are overwhelmed because they don't know how to create systems or get the right help. Our systems and outsourcing Courses and coaching programmes will help you automate your business and work effectively with affordable virtual assistants. That way, you will stop feeling overwhelmed and start making more money.