Top 5 Entrepreneur Podcasts for 2016

My Favorite Entrepreneur Podcasts

This site is largely dedicated to the Success U Entrepreneur Podcasts. In making that program, and generally, I listen to quite a few others, as well as read many books and blogs. Here is the list of my favorite entrepreneur podcasts in 2016 and a few other shows I enjoy and want to share.

The Top 5 Entrepreneur Podcasts

In no particular order here are the 5 top entrepreneur podcasts I am listening to in 2016

  • The Impact Entrepreneur - Host Mike Flynn engages in evocative conversations with entrepreneurs, going beyond success and failure and into the reasons behind the story. This is a very new, well produced and ambitious show. I have added it to my itunes subscriptions.
  • The School of Greatness is a must listen. The host, Lewis Howes is a New York Times Bestselling author, a lifestyle entrepreneur, high performance business coach and keynote speaker.  He was recognized by The White House and President Obama as one of the top 100 entrepreneurs in the country under 30. He has accomplished greatness repeatedly and the show is very inspirational.
  • The Rv Entrepreneur I like the description by host Heath Padget: "Living and traveling in an RV used to be only for retirees or the occasional family vacation. But over the past few years there has been a new movement of young RVers who have intentionally chosen to live with less stuff, be mobile, and take their lives on the road. This podcast is for people who are interested in downsizing their life, creating remote income, and working from anywhere." There are great lessons to glean from this show. it is not the lifestyle I have chosen, and maybe not for you either, but many of the concepts are ones I agree with fully. And in most ways I think becoming a successful entrepreneur starts with cutting the necessities of your life down to the essentials.
  • Startup Podcast What it is really like to start a business. Currently in their third season, their is a treasure trove of great knowledge in their catalog. Turning your ideas into reality is the hardest part of business. it is what separates actual entrepreneurs from regular thinkers and this podcast goes deep into creating your business.

Other Podcasts related to Entrepreneurship

  • We Study Billionaires - The Investors Podcast - Hosts, Preston Pysh and Stig Brodersen, research and study the habits, traits and reading lists of billionaires. To use their own words: "We believe success leaves clues. Our job is to define the critical habits and elements that successful people share and bring them to our audience."
  • The Art of Charm - I only found this podcast recently, and have already found it to be worth the listen. They claim "You’ll learn our top strategies to improve your career, confidence, lifestyle and love-life from top experts like life and business-hackers Tim Ferriss, Ramit Sethi and Noah Kagan to Seth Godin, Simon Sinek, Olivia Fox, The Art of Charm team and more."

Not Entrepreneur Podcasts but worth listening

  • Faking it - The Podcasts? I am not entirely sure how to sum up this podcast other than to say it is based on the maker community... Other than that you'd just have to listen.
  • Stuff to Blow Your Mind - Futurism, transhumanism, mind blowing science and technology all brought to light in this podcast from Howstuffworks.com.
  • Still Untitled :the Adam Savage Project - One of my favorite shows of all time, Mythbusters, is no longer filming. Thankfully one of the hosts, Adam Savage, has not slowed down and this podcast is one of his current projects. It seems that nothing is off limits for this show, and that is one of the great things about it.

If there is an entrepreneur podcast or other show you think is great and want to share, post a comment and tell everyone about it.

Becoming and Entrepreneur – First Steps

This entry is part 1 of 2 in the series Becoming and Entreprenuer

Becoming an Entrepreneur

Becoming an entrepreneur is a perilous voyage, and the first motions in that direction are critical to arriving at your goal intact. The hardest step of any journey is often the first one.

I have spent the vast majority of my life traveling that road. Frequently I question the choices that lead to this course. Maybe there was a simpler, nicer, cleaner route through life. Might there be the possibility of joy and fulfillment down a route I passed by?

Questioned yes, but regretted never. It is a life not everyone is suited for, but most people can do it.

Being an entrepreneur - A warning

Being an entrepreneur, is not an easy journey. To succeed it takes dedication, commitment and a high tolerance for failure. Never should this direction be chosen on a whim. That hard step, turning the course of your entire life to a singular goal, is terrifying for most people. The serial entrepreneurs I know have never felt that fear. I am not sure if we choose to ignore it or lack the intelligence to understand the overwhelming odds and risks we face.  I don't remember any other choice. Opportunities present themselves if you know how to see them, and either you take them through, you half ass it (guaranteeing failure), or you skip it entirely.

My beginning has the air of legend, at least within my family. I was too young for me to trust my memory of the events, so I will tell it as has been reported to me.

My first ever 'business', a sign of the future course of my life, happened when I was in daycare. I had learned to make origami items, and other children were eager to obtain them, so I started selling them to the other kids for a quarter. Rapidly, the demand outpaced my ability to supply them, so I made the logical conclusion that I could pay some of the other youngsters to make them for less than I sold them to the others. I went so far as to create a catalog (pretty sure it was rendered with crayon). Evidently the overseers, frowned on me charging others for the items, and they talked my parents into helping end my fledgling operation. Undeterred, I pivoted to charging the kids to teach them how to do origami.

My next significant adventure in entrepreneurial pursuits, occurred only a few years after the first. I was at church camp that my grandparents ran. Following each camp group (roughly every week) they would have a end of term party, with balloons etc. Grandma paid my brother and I a few bucks to do clean up after the parties. As it turns out one of the items that was banned at camp, was water balloons. So, rather than popping them we untied and pocketed each of the balloons during cleanup. We'd fill the balloons and sell them to campers. As it turned out, contraband is lucrative. I used that knowledge to start a string of ventures during elementary and middle school. I bought candy in bulk and resold it by the individual piece. Occasionally some new fad would catch on and I'd repeat the process with that toy or item. Yo-Yo's, fireballs, even toothpicks soaked in cinnamon oil. At an early age I learned the value of the supply and demand curve, and developed a fairly keen sense of where the market was heading, and picking out opportunities early.

I am using my origin story to illustrate a few important lessons I learned early on.

  1. I never made a large bet, each attempt had minimal downside, and a low initial overhead. I was able to enter each market with a limited outlay, and my profit potential was high, but limited as well.
  2. I was always responding to an existing, unmet, market demand. Never did I rush in with an idea or product that was not already demonstrating a strong draw.
  3. I always knew my market and customers, never tried selling to someone outside of my peers and sphere of influence.
  4. Never, was I afraid of failing, not once did I put in place a fallback. If something disrupted the market, I adjusted to that new environment.

In very simple terms a successful entrepreneur needs to:

  1. Minimize risk
  2. Identify and respond to the market
  3. Know your customer
  4. Plan only for success but be willing and able to adapt

What should be your first steps as an entrepreneur? You should learn to identify problems that have not been solved. In my examples it was pent up demand with no outlet. Since then I have also learned that the problem can be summed up as friction in any market. Something that slows down transactions from happening at the speed of thought.

You rarely need to invent something new, often the best approach is improving an existing product. Knowing what defines an improvement means understanding the customers and the pain they have with the existing offering. To be successful, you only need to get this right, once, if it is the right opportunity. Everything else you need to learn can be developed on the fly. Chasing the wrong thing never works out, so developing the ability to identifying opportunity is a critical skill.

With my podcast coming back, the first episode of the new series will focus on the dissecting the success of the iPod and iPhone. That story is illustrative of how one brilliant entrepreneur was able to tweak an existing product and turn it into something revolutionary, and I think gives a great place to focus attention as you start your own journey as an entrepreneur.