Episode 8 of The Business Development Podcast with McKinley Hyland focuses on the challenges and rewards of starting a business. McKinley shares his personal experiences and perspective on the topic, emphasizing the importance of passion and taking initiative. He advises listeners not to wait for the right time to start a business, as the perfect moment may never come. McKinley also highlights the need to approach business development in a way that feels authentic and right for oneself, rather than following conventional methods. He encourages aspiring entrepreneurs to jump into their ventures with hopes and dreams, and reiterates that success often stems from doing what one loves and excels at.
In this episode, McKinley speaks with fellow entrepreneur Kelly Kennedy, who shares his journey of starting his own company, Maverick NDT Inspection. They discuss the challenges he faced in getting his business off the ground and the importance of perseverance and taking risks. Kelly emphasizes the need for innovation in his industry and expresses his excitement about shaking things up. McKinley praises Kelly's initiative and highlights the value of implementing new ideas to drive business growth. They both agree that there is never a perfect time to start a business and stress the importance of not letting naysayers hold one back. Overall, the episode offers valuable insights and advice for aspiring entrepreneurs looking to pursue their dreams and make a mark in their respective industries.
Key Takeaways:
• The right time to start a business will never come, so it's important to take the initiative and jump in.
• It's important to do business development in a way that feels right for you and not necessarily follow what others are doing.
• Being good at a job is often a result of passion and skill.
• Starting a business can be scary and requires putting yourself out there, but it can lead to great rewards.
• Innovation and shaking up industries can lead to success.
• It takes time, effort, and repetition to be successful in business development.
• Believing in the service you provide and having passion for it can make marketing easier.
• Building strong and valuable relationships is more important than squeezing out every deal.
• Learning from experienced business owners and receiving expert advice can be valuable in growing a business.