Podcast host Michael Crane is so proud to have on the show someone who is demonstrating the importance of starting young to achieve success, his son, Finn!
Finn has been developing himself, learning from his mistakes, and becoming aware of his surroundings at a young age, and it has been inspiring to watch him grow and make progress each day.
As a successful young entrepreneur, Finn will be sharing share some of his thoughts about how he has stayed motivated and his plight to strive for success.
Index:
- How important is it for you to stay motivated?
- Why have you NOT given up?
- You need to be a master of so many specialities in order to be successful
- How are you going to get the cash to buy the product directly?
- Recap
How important is it for you to stay motivated?
Keeping the momentum going is important, like in everything you do, no one wants the same thing over and over again. To keep your customers interested, you need to find new ways to switch up what you’re doing.
To make it more profitable, he has done research and looked at ways to make the processes more efficient, so he can get more profit and for customers to be able to purchase from him. For example, he will be speaking about print-on-demand services for custom clothing, as he looks to expand his portfolio to include t-shirts and other gear like boxing pads.
By having a list of products to start producing next, he is always kept on my toes and has something new to look forward to.
Why have you NOT given up?
The strength within you lies in your resilience and determination to persevere.
Why have you not given up? Finn says:
You need to be a master of so many specialities in order to be successful.
Finn says he needs to be a master of many specialities, but out of the subjects he is studying at school, the one he most enjoys is marketing. It allows him to use the information he must create something creative.
For example, he has been looking at an idea around safety deposit boxes; he can think of ideas that would go viral and increase the business’ visibility, such as giving people a prize for cracking into a safety deposit box in London. Businesses fail due to their lack of interactivity and creative ideas that draw customers’ eyes and get them to talk about the product or service.
How are you going to get the cash to buy the product directly?
He says, If you’re looking to save and grow your money, you’re in luck.
He has started to save roughly 60% of what he earns and split the amount equally into two separate accounts – his personal bank account and a business account. The thought behind his thinking is to have money in his business account that will finance future products that will be added to his portfolio and build up his cash in hand to allow him to self-financing his venture while he is still young.
This way, as he starts to get paid, his money will grow. When he has enough money invested, he will look at investing in other products and services to make more money allowing his profits and cash in hand to grow until he is able to pursue his dreams.
To Recap
As Finn embarks on his journey to build his empire, he understands that success is not an overnight phenomenon.
To achieve his goals, Finn knows that he needs to remain focused on the things that matter and align his efforts towards them. It’s important to address the question of why he hasn’t given up, as many individuals tend to lose sight of their dreams too soon. By tackling this issue head-on, Finn can stay motivated and continue to strive for success.
We also discussed the significant role of skill development in achieving success. No one possesses all the answers, and it’s crucial to gather new information and learn from peers and people in his network. Finn can benefit from the wisdom and knowledge of his teachers at school, which can help him achieve his business goals and overall outlook on life.
About Michael
Michael Crane
Entrepreneur, Business Owner, PresenterMichael has built and runs a successful business for the last twenty years. 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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12 April 2023 · Season 1 : One to a Million · Episode 60
By Michael Crane
Discover how Finn Crane started young on the path to success, learned from his mistakes, and stayed motivated along the way. Get inspired by Finn's determination to achieve his goals, and learn tips for achieving success at any age. Tune in now to hear Finn's story! A Podcast By Michael Crane Live.