Todd Palmer | How to Build an Inc 5000 Business

You might love your business, says Todd Palmer, but it doesn’t always love you back. Todd, an entrepreneur and business coach, says that it’s what you do when faced with tough times that counts.

First, you have to come to grips with a mental block most entrepreneurs have. Second, you can’t be afraid to get help (from the right people and in the right way).

Todd almost lost his business about 10 years ago… and went on to have the six-time Inc. 5000 business he has today thanks to completing those two actions.

We talk about how you can apply what he learned to your own venture, as well as…

  • How to get clarity when faced with challenges you don’t understand
  • The responsibilities you didn’t know you signed up for as an entrepreneur
  • The power of the Fail Forward Mentality
  • Two sources of help to get through the toughest business problems
  • And more

Episode Timeline:

00:11 Today Steve speaks with renowned thought leader, CEO and Coach, Todd Palmer.

01:16 Todd talks about how he started off in business with a loan from friends, family and fools.

03:20 Todd explains how by hiring a coach helped him steer his company back from near ruin.

05:09 Steve talks about how he got advice when his business was in trouble.

06:15 Todd talks about the “Imposter Syndrome”.

09:15 Even though he is a very successful coach, Todd still has his own coach. He explains the importance of their outside the business clarity.

14:32 Todd explains how your business is like a child, how the best idea should always win and how the coach can’t do everything for you.

17:23 Steve has 4 coaches. He explains why.

19:21 Todd talks about improving your business incrementally and to celebrate your success.

21:21 Tom explains who the perfect person for coaching is and how confidence is good, ego is not.

24:19 Tom tells us how to get in contact with him and he also gives the UCEO listeners a chance at a fantastic prize!.

Mentioned in this Episode:

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