Truth and transparency values are vital to creating a sustainable business. Today’s guest shares how he honors these values in his business.
Josh Patrick is and has been obsessed with what it takes to create a sustainable business for the past 40 years.
He is a serial entrepreneur who now helps successful private business owners create a business that’s both economically and personally sustainable.
Josh has been a blogger for the NY Times, as well as, hosting his own podcasts, The Sustainable Business.
Josh believes every business owner is just one great question being answered from getting unstuck.
[3:10] Josh shares how he helps business owners
[6:18] The question to ask yourself when you make a mistake
7:30 Why Josh is a fan on W. Edward Demming
[8:20] The real truth behind failures
[10:05] Josh shares two moments that should have put him out of business
[13:13] Being honest helped him save his business
[15:05] Josh’s advice: “Tell the truth…stop spinning”
[15:50] Josh reveals an exciting project he s working on
[18:18] He lives by the principle of being a “student” of business
[20:24] Josh suggest being a life long learner (operational doable)
[21:03] A helpful tip about attending seminars
[22:45] He reveal his “two week” rule…it’s awesome
[23:45] Another truth about business: “Fail fast, fail cheap”
[25:17] Final piece of wisdom