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Business Mentor Podcast - The Top 5 Lessons Of 2020!

The Top 5 Lessons Of 2020!

12/19/20 • 10 min

Business Mentor Podcast

The year 2020 has been difficult for everyone and you are likely to have learned some lessons along the way. Listen in today as Jay discusses how this year taught him to always being prepared for unforeseen circumstances, how to make things happen rather than waiting for things to happen as well as understanding that this too shall pass, and soon a new sense of normality shall resume.

KEY TAKEAWAYS

  • Don’t put starting your business idea off. The pandemic has taught us that if you have an idea, go for it because you never know what is just around the corner. If you have got a good idea, just go with it and execute it quickly. More doing, less thinking. You will learn more by doing something rather than just thinking about it.
  • Don’t wait for things to happen, make them happen. Many people are waiting for things to return to normal however the truth is things may never return to ‘normal’. It is how you react to the ‘new normal’ which will make all the difference, you have to make your business moves now and don’t wait for things to return to how they once were.
  • Always be prepared. It is always important to have a plan to pivot when a crash comes, always plan like you anticipate something is going to happen. If you’re prepared for an unforeseen market crash, you can move and adapt quickly.
  • This too shall pass. Things will get back to some sort of normality in the future. Don’t stress about things so much, if you’re making the right pivots and trying to move yourself forward then you will get past this situation. The market always comes back, it is where you are going to be in that chain of thoughts.
  • Keep focused and surround yourself with the right people. Mentors are great because they will push you in the right direction. A mentor will always look at a solution to your problem and will help you to find ways in which you can move forward. They will look at their past experience and use this to allow you and your business to move in the right direction.

BEST MOMENTS

“I don’t think anybody has been through this before and I don’t think anybody’s been able to analyse it.”

“This was a market crash like we’ve never seen before. We’ve never seen the amount of money that has been pumped into the economy and the amount of wealth that has been created.”

“You have got to look at how you can pivot, and then make the move.”

VALUABLE RESOURCE
https://www.jay-dhillon.com/

CONTACT METHOD

https://www.jay-dhillon.com/

https://uk.linkedin.com/in/jaydhillon

https://www.instagram.com/jaydhillonuk/

https://www.facebook.com/JaydhillonUK/

http://[email protected]

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The year 2020 has been difficult for everyone and you are likely to have learned some lessons along the way. Listen in today as Jay discusses how this year taught him to always being prepared for unforeseen circumstances, how to make things happen rather than waiting for things to happen as well as understanding that this too shall pass, and soon a new sense of normality shall resume.

KEY TAKEAWAYS

  • Don’t put starting your business idea off. The pandemic has taught us that if you have an idea, go for it because you never know what is just around the corner. If you have got a good idea, just go with it and execute it quickly. More doing, less thinking. You will learn more by doing something rather than just thinking about it.
  • Don’t wait for things to happen, make them happen. Many people are waiting for things to return to normal however the truth is things may never return to ‘normal’. It is how you react to the ‘new normal’ which will make all the difference, you have to make your business moves now and don’t wait for things to return to how they once were.
  • Always be prepared. It is always important to have a plan to pivot when a crash comes, always plan like you anticipate something is going to happen. If you’re prepared for an unforeseen market crash, you can move and adapt quickly.
  • This too shall pass. Things will get back to some sort of normality in the future. Don’t stress about things so much, if you’re making the right pivots and trying to move yourself forward then you will get past this situation. The market always comes back, it is where you are going to be in that chain of thoughts.
  • Keep focused and surround yourself with the right people. Mentors are great because they will push you in the right direction. A mentor will always look at a solution to your problem and will help you to find ways in which you can move forward. They will look at their past experience and use this to allow you and your business to move in the right direction.

BEST MOMENTS

“I don’t think anybody has been through this before and I don’t think anybody’s been able to analyse it.”

“This was a market crash like we’ve never seen before. We’ve never seen the amount of money that has been pumped into the economy and the amount of wealth that has been created.”

“You have got to look at how you can pivot, and then make the move.”

VALUABLE RESOURCE
https://www.jay-dhillon.com/

CONTACT METHOD

https://www.jay-dhillon.com/

https://uk.linkedin.com/in/jaydhillon

https://www.instagram.com/jaydhillonuk/

https://www.facebook.com/JaydhillonUK/

http://[email protected]

Previous Episode

undefined - Getting The Right Start to 2021 - The Business And Personal Success Plan

Getting The Right Start to 2021 - The Business And Personal Success Plan

Get Your FREE 2021 plan at Jay-dhillon.com

The year 2020 has been a tough year for everybody and there have been many lessons learnt in the world of business. Join Jay today as he details his new, free Business And Personal Success Plan which can allow you to plan the future of your business, overcome challenges and grow even during the toughest times.

KEY TAKEAWAYS

  • The 2020 Coronavirus pandemic has taught many people tough lessons in business. Some businesses have survived and others have not. Business is always changing, this year was just on a grander scale. The business industry could change every day, it is about being prepared if you wish to succeed.
  • Having some form of plan is helpful when things in your industry change, and you need to pivot. Nobody could have predicted COVID, however it is wise to always plan for a market crash or shift in the industry. Having a plan can allow you to strategize and move quicker. Many entrepreneurs plan, but they do not have the right plan. If you spend time on your plan, it means more to you and you are likely to stick to it.
  • Whilst it is important to have a vision, many people forget to look at other key areas such as competition. The Business And Personal Success plan is about mapping your business journey and taking your business into an asset. Creating an asset for your business is important as you want this business to give you the freedom and flexibility to do what you want to do.
  • You need to focus on both your personal and business goals and put these both in your plan. Planning is a foundational step to take your business to success. Failing to plan will not make you or your business succeed. Many people create small plans but do not take into account the wider picture.
  • Once you create your plan, ensure that you sit down with somebody and ask them to challenge you. Mentors that have been there and done that will challenge you on your plan and give you advice on how you can adapt and change it for you to succeed.

BEST MOMENTS

“Planning is critical”

“If you’re not turning your business into an asset, you are creating a job.”

“ This is a free plan that you can take away yourself.”

VALUABLE RESOURCE
https://www.jay-dhillon.com/

CONTACT METHOD

https://www.jay-dhillon.com/

https://uk.linkedin.com/in/jaydhillon

https://www.instagram.com/jaydhillonuk/

https://www.facebook.com/JaydhillonUK/

http://[email protected]

Next Episode

undefined - One For The History Books (Highs & Lows of 2020)

One For The History Books (Highs & Lows of 2020)

The year 2020 has been one for the history books and there has been highs and lows for everybody. Today, we take a look back on the highlights of The Business Mentor Podcast where we’ve had some amazing guests such as Grant Cardone and David McCourt. From pandemic predictions to inspiring guidance this episode contains it all from some of the best business brains around the world.

KEY TAKEAWAYS

  • Coronavirus isn’t going away. If you were to put scientists and entrepreneurs in the same room, things get solved. People once said that ‘cash is trash’ however nobody is saying that now since having cash is vital. There has never been a more important time to learn how to negotiate and sell that today, if you know how to negotiate and sell and you can’t leave your house, then you can pick up your phone and make some sales.
  • You are either creating or destroying your empire with every single decision you make. Set yourself up for the other side of this pandemic, it will make your enemies hate you even more because you will be successful. This year has been a big eye-opener to see who has been there and who hasn’t.
  • If you hang around with idiots, you’ve got a high chance of being an idiot. If you hang around successful people, you have a high chance of being successful. Face your fears and make fear your friend, break fear down and eventually you will see that what you feared is not so scary.
  • Look at the steps you need to take to be a better leader, and apply them to your life. Somebody could take away all your possessions, but they can never take away the value you bring and the hours of training that you have given yourself.

BEST MOMENTS

“Everybody should have a mentor.”

“The more that you can trust each other within your roles, the less likely you are going to be to stop trying to vie for positions.”

“That’s when I burned my bridges and said ‘I have got to be responsible.”

“I am going to be stronger than ever when this is over.”

ABOUT THE HOST

Jay Dhillon is a serial entrepreneur, investor, and philanthropist based in the UK with a proven track record of growing businesses from start-up to success- and helping others do the same. From humble beginnings, Jay grew his first business from 0 to 500 employees and three locations, racking up sales of over £30 million – all with no investment other than a slight amount of savings. The business went on to acquire major clients such as Landrover, Jaguar, Toyota, and New Look, to name a few.

Its immense success inevitably brought about outside interest, and at the age of 33, Jay eventually sold the company to a London investment firm in Doyen Resources. Today, Jay owns several businesses in different sectors and helps entrepreneurs achieve success.

A calling to give back and help others led to Jay being chosen for the highly coveted role as a Prince’s Trust mentor, where his achievements were marked by a personal invitation to Buckingham Palace to meet Prince Charles.

After helping several young entrepreneurs to succeed as a mentor for the Trust, Jay’s burning desire to bring his wisdom and knowledge to a wider audience ultimately triggered the concept of The Business Mentor Podcast.

Jay feels that anyone can achieve success in business with the right advice and mentoring and is now sharing his knowledge with his growing audience via his podcast.

In the UK alone 95% of businesses fail within the first five years and Jay aims to reduce that number.

Backed with the hard-earned knowledge and experience from his time in business, The Business Mentor Podcast will share Jay’s personal business lessons as well those of other successful entrepreneur guests who share their wisdom and secrets on the show.

CONTACT METHOD

https://www.jay-dhillon.com/

https://uk.linkedin.com/in/jaydhillon

https://www.instagram.com/jaydhillonuk/

https://www.facebook.com/JaydhillonUK/

http://[email protected]

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