Podcast Episode #351: Daniel Marcos – Scaling Intentionally and Conquering Crisis (Part 2)
Episode #351: Dentist Freedom Blueprint Podcast
Daniel Marcos – Scaling Intentionally and Conquering Crisis (Part 2)
Today’s episode is part two of the interview I did with my good friend and mentor, Daniel Marcos, co-founder and CEO of the Growth Institute. (If you didn’t catch last week’s episode, I encourage you to listen to that first.) In this follow-up, you’ll hear more about Daniel’s journey into disciplined entrepreneurship and gain insight on scaling a business the right way.
Listen in as Daniel talks about the different stages of business and how tricky it can be moving from a Stage 2 to a Stage 3 business. He shares how he looks at the different stages of business in today’s economy, as well as how intentionality, awareness, and purpose are key to scaling successfully. You’ll also get a glimpse of where Daniel is headed next and hear some of his best advice on managing the potential risks facing us in the coming economic changes.
Minute Markers:
8:07 – When you should be scaling up and why you might not want to.
11:57 – When and how you can harvest equity—and potential issues.
15:57 – Where entrepreneurs often lack discipline and start losing.
17:48 – Current issues in today’s economy and how to navigate them as a business owner.
22:37 – What will contribute to instability and the situation with China.
29:00 – Reserve currency and what might happen if people go against the U.S. Dollar.
33:26 – The deal with taxes and what Daniel has experienced paying taxes in different countries.
41:12 – Daniel’s perspective on inflation and how it might affect the economy.
Featured on the Show:
Daniel Marcos: Website | LinkedIn
David Phelps: Website
Growth Institute
Scaling Up by Verne Harnish
The Fourth Turning by William Strauss
Entrepreneurs’ Organization (EO)
What’s Your Next? by David Phelps
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
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If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.