Innovative Entrepreneurs Podcast
IEP 42: How to Think Like a Driven Entrepreneur with Spencer Reich
Jan 09, 2024
Episode 42
Erica L. Bailey
Join me and Spencer in a candid discussion about our entrepreneurial journeys, reflecting on triumphs, struggles, and the power of mentorship.
In this episode, you will learn:
- Spencer’s quest for abundance and fulfillment beyond corporate limitations led to the creation of Nomad Video Strategies, now their primary income source.
- My journey from the food industry to pursuing a master's degree and defying limitations as a mother in the professional world.
- Surviving the 2007 market crash: Erica and Jason’s resilience in building their business despite financial hardships.
- Spencer’s multiple ventures during corporate tenure, eventual layoff, and transition to full-time entrepreneurship.
- The vital role of mentorship: My gratitude towards Spencer’s guidance in business and personal growth.
- Overcoming initial stress: Me and Spencer shared experiences of financial uncertainty and relationship struggles.
- Embracing a "do it now" mindset: Spencer and Erica’s accounts of overcoming self-doubt and learning from mistakes.
- Balancing family and entrepreneurship: My journey prioritizing family amidst financial challenges.
- Battling impostor syndrome: Me and Spencer’s acknowledgment and resolution to learn and grow through mentorship.
- The transformative power of mentorship: Mentors like Mike Aggie and Jovian Evangelist contributing significantly to business growth.
- Real impact: Spencer’s business campaign leading to a clinical trial that saved lives amid initial business fears.
- Motivation amidst challenges: Spencer’s fulfilling moment of bringing his wife home after years of entrepreneurial dedication.
- Vision and limiting beliefs: My emphasis on vision and challenging limiting beliefs for business success.
- Entrepreneurial tips: Spencer’s advice for first-year entrepreneurs, focusing on micro content and intentional living.
- Mentorship approach: Me and Spencer’s shared belief in providing value before seeking mentorship.
- Mutual respect: Our genuine relationship built on trust and mutual support without keeping score.
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We appreciate your support, and we encourage you to dream big and take action! See you next time, and keep on innovating.
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