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Episode 22 The Young Entrepreneurs – Greed & Fear

by | May 25, 2021 | One to a million, Podcast | 0 comments

Episode 22 The Young Entrepreneurs
The Young Entrepreneurs: Hear on today's show what Mattia & Finn think about building a team from scratch. Right now, there are two of them; they want to build a team of SIX. Why, we feel that teams of six work the best in any business organisation and more importantly, different people bring different qualities, also needed in the most successful enterprises.

The Young Entrepreneurs – Is where the conversations really start to happen…

Building a Team – The Power of SIX

The Young Entrepreneurs – Hear on today’s show what Mattia & Finn think about building a team from scratch. Right now, there are two of them; they want to build a team of SIX. Why, we feel that teams of six work the best in any business organisation and more importantly, different people bring different qualities, also needed in the most successful enterprises.

The key to their development is to have a financial target of a £1,000,000 business. Although along the way, they will be building on their skill set by becoming:

  1. A better Communicator
  2. Develop their skills in leadership
  3. Develop a better understanding of Sales & negotiations
  4. Finance
  5. Team Well Being and trust
  6. Marketing

Does an Employee know more than the boss?

The conversation moves swiftly on to the subject of, does the employee know more than the boss? Both boys suggest that an employee should know more than the boss and Michael completely agrees with this statement. On the basis, that when two or more people come together great things can happen. Therefore, we are building a team of six in the team, which will bring collaboration between members and will encourage communication and leadership as they build their business.

If you have a 14 to 15-year-old young adult and are interested in business, please get in touch by emailing [email protected] for a short application process to be accepted into the team and project.

Please note: the founding members of the one to a million project will be the people choosing who will be joining the team.

Greed & Fear Rule your life

The Young Entrepreneurs are developing their interests and keen to explore areas of their business acumen right from the start. Although they are finding recording the podcast surreal, the topics and conversations at this early stage are encouraging to hear and see. In life, we all fear the unknown, similar to anyone stepping out in business on the first day of the journey. The young entrepreneurs are still studying at school, the one to a million protect is already seeing development in several key areas of their development.

The fear of failure is always at the forefront of ones mind. It doesn’t have to be this way, if you have a plan of what you are doing, where you are going and what needs to happen in order for you to achieve your end results.

The main thing we are focussing on right now is building routines each week, which over time become consistent. You have probably heard on previous podcast interviews Michael Crane had with his walking buddy Simon Teague. We recently walked The South Downs Way, which stretches from Winchester – UK to Eastbourne UK, Overall, it wasn’t that far, only 120 miles from end to end.

The challenge for us during the walk was not the start of the walk, not the end of the walk either but the bit in the middle, which we both refer to as the grunt phase. Whereby, you just needed to get it done. Normally, this is where people give up and don’t return. Business is similar, there is a prolonged bit in the middle, where people give up, it’s not happening quick enough or it’s simply too hard.

Becoming more Skillful

The Young Entrepreneurs are becoming more skillful, which is key to the success of the project. The two young men are genuine, thoughtful and have a fascintaing insight into what they want in life and more importnantly, how their hard work now can steer them in years to come, in their success.

School is a fundamental essential element of their success. We recently created a plan of the things they want to show up in their life. Yes, although some of the things they wanted were not totally realistic at this stage in the program, I do encourage the boys to dream and dream big. If you aim for the stars you may reach the moon is the motto.

To Recap

The Young Entrepreneurs has begun strong, we have a plan in mind for their business ideas and over the coming months their ideas will be developed and fine-tuned ready to launch. There are some key areas of development that will be going on in the background, the project is all about the two of them and timings are important right now on the basis they are both revising hard for their exams.

The interesting point to note is in their plan, they have outlined the results they want in their exams this term and this may be shared later with their audience.

If you like what you hear on the podcast today, please don’t forget to follow the show. If you have a young Entrepreneur that you think would like to join the team, please email [email protected] for an informal chat about being part of the one to a million project.

You learned about

  • Building a Team – The Power of SIX
  • Does an Employee know more than the boss?
  • Greed & Fear Rule your life
  • Becoming more Skillful

About Michael

Michael Crane Live Podcast

Michael Crane

Entrepreneur, Business Owner, Presenter

For the last twenty years, Michael has built and run a successful business. He’s learned many lessons—some of them the hard way—and he’s met and talked with many other businesspeople. He’s sold thousands of products and learnt the one hundred and one things needed to run a thriving business. Now he’s bringing this knowledge and experience to educate, motivate and inspire other entrepreneurs.



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