Starting and running a business takes a lot. There are a lot of things to know and do, which often makes the learning curve steep. But you can use those lessons learned to start more businesses with less stress, time and money.
In this episode, Army veteran and 3x business owner, Adam Bird shares strategies on how to effectively manage and grow multiple businesses.
Adam is a highly accomplished and seasoned entrepreneur, renowned for his exceptional leadership skills and extensive expertise in business across various industries. He is the Founder of Heroes Media Group, HMG Beverage, and Co-founder of JB ADDO Clothiers. By focusing on community heroes and giving back, Adam has established himself as a respected leader, educator, and mentor.
Manage Multiple Businesses Effectively Episode Details
- Adam’s memory of where he was on 9/11 and the immediate effects on military bases
- His motivation for becoming an entrepreneur
- Tips for having effective business partnerships and dealing with conflict
- The importance of having a written agreement with business partners
- Hiring team members and interns to delegate tasks and grow your business
- Staying mentally balanced with self-care like exercise, being outdoors, and hypnotherapy
- Common mistakes entrepreneurs make like not having a business plan and trying to do everything solo
- Adam’s advice for starting a second business while running your first one
- Pivoting between businesses to avoid burnout but still be productive
- Focusing on your purpose and helping others versus just making money
Related podcast: Strategies for Building a Business
Manage Multiple Businesses Effectively Resources
- MrAdamBird.com
- Outwitting the Devil by Napoleon Hill
Related: What Veterans Should Know About Starting a Small Business
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The Military Money Show is supported by Navy Federal Credit Union, a member-owned, not-for-profit, that puts members at the heart of every single thing that they do. They offer low fees, great rates, and resources to help you crush your financial goals. Plus, 24/7 access to stateside member service representatives with award-winning customer service. Possible member perks are an average credit card APR that’s 6% lower than the industry average and a market-leading regular savings rate nearly two times the industry average. You can learn more at navyfederal.org.
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These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I will only put affiliate links that align with our podcast discussion.
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