One of America's most trusted financial advisers, Dave Ramsey, is once again bringing his expertise to Oklahoma City for an EntreLeadership 1-Day seminar.
From 10 a.m. to 4 p.m. on April 19, Ramsey will lead the seminar which is aimed at giving business owners hope and useful skills for running their business with integrity, best practices for setting goals, managing time and other business-related topics. The seminar is based on Ramsey's best seller, “EntreLeadership.”
“There have been a lot of extremely talented people forced out into the job market. This is a great time for those people to take their dream, their passion, and make it into a business,” Ramsey said in a 2011 interview with The Oklahoman. “A lot of very successful businesses began during a down economy. I think this is a great time to be an entrepreneur — an EntreLeader.”
In the book, Ramsey answers common business questions such as how to invest in your team, how to delegate so you can grow your company and how to find the perfect hire or fire employees.
Along with Ramsey, speakers Jon Acuff and Chris Hogan will share their experiences in business growth, and how to stay motivated in the ups and downs of owning or running a small business.
“I'll be walking people through the five stages of a successful life and a successful business,” Acuff said.
The five steps are learning, editing, mastering, harvesting and guiding.
In short, first you must learn what it is you're interested in by trying many different things. Next, you edit those interests into a few and focus on mastering those skills — Acuff recommends following Malcolm Gladwell's “10,000-Hour Rule,” from his book “Outliers.” Gladwell claims that greatness requires an enormous investment of time toward mastery.
Once you've mastered your skills, you'll harvest the fruits of the work you've done, then guide others down their own paths to success, Acuff said.
“Dave Ramsey always tells me that inspiration without instruction is useless,” Acuff said.
At EntreLeadership, Ramsey, Acuff and Hogan will deliver practical instruction on things to do immediately to improve your business, finances and life.
“Business owners experience a lot of ups and downs,” Ramsey said. “It's the nature of business. But, if you run your business the right way, and avoid a lot of the mistakes I made, the ups and downs don't have to be as drastic as what I experienced.”
Ramsey said some common mistakes business leaders make include believing they have to go deeply into debt to start a business. Conversely, they tend not to realize the investment of time they'll face and often make poor hiring decisions out of desperation.
But fear is the No. 1 reason many perfectly good business ideas never get off the ground, Acuff said. He recommends three ways to overcome this fear in his soon-to-be released book, “Start,” which promises to teach readers how to “Punch fear in the face and to do work that matters.”
His recommendations are:
• Write it down. Fears inside your head are big, loud bullies. When you write your fears down on a piece of paper, you can see how small and silly they are.
• Refute it with some truth. Just make it clear to your inner voice that the negativity and fear it voices is not the truth.
• Share your fears. “Fear's terrified of community,” Acuff said. Voicing your fears and finding others who have similar fears can go a long way toward overcoming them.
To that end, Acuff recently launched www.nomorevoices.com, an online community where people can make comments such as “Even my own mother has said I should be done with school by now. What if she's right?” — Tina”
People can click “Me Too” and Acuff can share his thoughts in the comments.
To Tina, he replied: “‘Should be' are two toxic words. I should be a better dad. I should be a better husband. I should be a better wife. Beware anytime those words surface.”
And if you think you're not the type of person who is likely to become an entrepreneur, Ramsey said, don't be so sure.
“Different businesses require different personalities,” Ramsey said. “The most important thing for the business owner is to have a passion for what they are doing. You have to love what you are doing, or you won't want to stick with it.”
Different businesses require different personalities. The most important thing for the business owner is to have a passion for what they are doing.”
Ramseyis bringing his expertise to Oklahoma City for an EntreLeadership 1-Day seminar.