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Business Strategist and Bestselling Author ggg Visit MyQuestforTheBest.com for complete show notes and more expert advice and inspiring stories to propel your small business growth. body .audioplayer.skin-wave.playerid-31517094:not(.a) .ap-controls .con-playpause .playbtn , body .audioplayer.skin-wave.playerid-31517094:not(.a) .ap-controls .con-playpause .pausebtn { background-color: #111111;} jQuery(document).ready(function ($){var settings_ap31517094 = { design_skin: "skin-wave" ,autoplay: "off",disable_volume:"default" ,loop:"off" ,cue: "on" ,embedded: "off" ,preload_method:"metadata" ,design_animateplaypause:"default" ,skinwave_dynamicwaves:"off" ,skinwave_enableSpectrum:"off" ,skinwave_enableReflect:"on",settings_backup_type:"full",playfrom:"off",disable_scrub:"off",soundcloud_apikey:"" ,skinwave_comments_enable:"on",settings_php_handler:window.ajaxurl,skinwave_mode:"normal",skinwave_wave_mode:"canvas",pcm_data_try_to_generate: "on","pcm_notice": "off","notice_no_media": "on",design_color_bg: "111111",design_color_highlight: "ef6b13",skinwave_wave_mode_canvas_waves_number: "3",skinwave_wave_mode_canvas_waves_padding: "1",skinwave_wave_mode_canvas_reflection_size: "0.25",skinwave_wave_mode_canvas_mode:"normal",preview_on_hover:"off",skinwave_comments_playerid:"31517094",php_retriever:"https://myquestforthebest.com/wp-content/plugins/dzs-zoomsounds/soundcloudretriever.php" }; try{ dzsap_init(".ap_idx_560_176",settings_ap31517094); }catch(err){ console.warn("cannot init player", err); } }); Carol Roth talks with Bill Ringle about tough love for entrepreneurs. Listen to this interview to learn: The importance of re-evaluating business models from a non-emotional basisHow to think about what "good risk" meansA secret to successful business planning that separates thriving businesses from business casualtiesHow the Rule of 3x lets you budget resources, and more importantly, manage expectations betterWhy scalability is so important to think about as an end goal https://www.youtube.com/watch?v=TwBLi6eBCTY [thrive_accordion_group title="Interview Insights"][thrive_accordion title="Click to Read the Show Notes" no="1/1" default="no"] 1:48 Roth’s first entrepreneurial experiences as an 8 year old selling toys to her younger sister. 3:20 [On problem solving for business leaders] - “I look at other people and I ask them what their problem is, or I spend time with them to try to uncover their problem, and try to solve this problem for them.” 4:55 “I tend to favor frameworks because I believe that everyone has their own definition of success, not to mention their own circumstances, goals, and objectives.” 5:16 Roth tells about some difficult experiences that occurred in her young adult life. 6:49 “Through all these times when I felt I wasn’t going to make it, I was not going to be able to go on another day, I kept persisting. I kept keeping my eye on the goal, on what was going to make me strong, and what was going to help me give back to the world.” 8:01 [On inspiration for writing the book] “I wanted to give people a realistic, decision-making framework, again, very particular to their own situation. I didn’t want to say, ‘This is the way to do it.’ 8:17 “My definition of success, and what I’m able to bring to the table in terms of resources and experiences, is very different from what other people bring to the table and what they’re looking to accomplish.” 9:27 [Why people appreciate The Entrepreneur Equation] “It’s just having that structure, that non-emotional, non-biased ‘What am I trying to do and how am I going to get there focus’ that has been very valuable for people. 9:33 [Roth’s definition of success] - “Getting through a day without collapsing.” 9:39 [Roth’s actual definition of success] - “It revolves around accomplishing certain goals that I’ve set out, that involve being a good wife and friend and relative and person. I sort of have a whole list of criteria that I live my li...