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August 19th, 2024

487: From Layoff to Launch: Navigating Entrepreneurship with Steve Lomas

  1. 487: From Layoff to Launch: Navigating Entrepreneurship with Steve Lomas Elzie D. Flenard III 30:12

Thinking about quitting your job to start a business? Think again! Veteran entrepreneur Steve Lomas shares candid advice on the realities of entrepreneurship, the importance of mentorship, and the emotional rollercoaster of building a business. 🎢

🌟 Here are 3 Key Takeaways:

1️⃣ Seek Mentorship Early: Surround yourself with mentors and advisors who aren’t financially tied to your business. Their objective feedback can be a game-changer. 💬

2️⃣ Delay Financial Dependence: Don’t quit your day job just yet! Steve emphasizes the importance of not relying on your new business for income right away to minimize Stress and preserve your savings. 🏦

3️⃣ Embrace Continuous Learning: The entrepreneurial journey is a never-ending learning process. Books like “The Business of Expertise” by David C. Baker and “Pricing Creativity” by Blair Enns can provide indispensable insights. 📚

Don’t miss this invaluable guide to resilient entrepreneurship! 🌟🚀

🔗 Resources:

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Attend an Audience Growth Amplified Workshop with the MAYOR of Podcast Town Elzie D. Flenard III and learn how to build, engage and monetize your audience!

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Elzie Flenard The Mayor of Podcast Town

I knew I wanted to be an entrepreneur as a teenager. I would create my own board games and basketball leagues in my bedroom. I would dream of flying cars and spend hours solving problems with business ideas.

I've had just about every job out there - I was a janitor for a short time, I've worked fast food, I worked in an ammunition factory (wasn't a bad gig actually), I've cleaned the bottom of barges --- I even worked in a CD manufacturing company! I've worked in corporate as an electronics technician, electrical engineer and operations manager.

These experiences shaped me. They helped me become the business leader and entrepreneur I am today. I've been podcasting since 2016 and I look forward to many more years of having conversations with bright minds from all walks of life.

I get to live my dream of being an entrepreneur. I get to chart my own path and impact others through my work ... I'm truly Livin' the Dream!

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