Julia Pimsleur is the CEO and Founder of Little Pim, the leading source for introducing young children to a second language. Her business has won 25 awards and is sold in 22 countries. Julia is on a fantastic mission to help one million women entrepreneurs make one million in revenues by 2020. Listen in to learn how she got started, how you can get off your entrepreneur hamster wheel, and more.
02:50 - How did Julia get started in business?
04:35 - Children often learn a second language too late.
04:50 - How can you get off the entrepreneur hamster wheel?
05:50 - Work on the business, not in the business.
06:45 - Why is it so hard to raise capital?
08:15 - Fully commit to raising capital.
08:25 - Change your self-talk to 'When I get funded' instead of 'If I get funded'.
08:30 - Fund raising is brutal and can be more difficult to do as a woman.
10:20 - Venture capital has been working the same way for many, many years.
10:55 - Julia talks about how she raised her first million dollars.
13:25 - Julia shares a couple of tips on how to improve your pitch.
15:10 - Put yourself in the shoes of an investor.
17:35 - Julia recommends: Venture Deals by Brad Feld and The Fundraising Rules by Mark Davis.
19:10 - You just have to be conversational, not perfect.
19:20 - Investors expect you to be an expert in your world/industry.
Shift from 'If I get funded' to 'WHEN I get funded' mindset.
How to get off the startup hamster wheel.
Pitch with grit and focus.
Linda Galindo was a journalist and radio news personality before getting into consulting. Currently, as an accountability expert, she helps bring accountability to organizations at the leadership level. Linda is also the author of The 85% Solution and Way to Grow! On this episode, Linda talks to John on how entrepreneurs can create a better company culture and get out of the babysitting mentality with underperforming employees.
3:22 - How did Linda come up with her tag line?
4:50 - How did Linda become an accountability expert?
7:35 - Linda talks about her book, The 85% Solution.
11:15 - Stuff happens, but will you make up excuses when it does?
13:00 - What do people do when they take responsibility? Linda lists the top 3 behaviors.
15:15 - Don't rescue, fix or save underperformers.
17:50 - How can entrepreneurs create an open company culture?
21:45 - If you don't know the answer to something, don't lie about it.
23:15 - How can companies get out of the 'babysitter' university?
26:45 - You want to get rid of your high-maintenance employees as quickly as possible.
29:10 - Accountability in the company is a competitive advantage.
29:55 - However, you cannot mandate accountability, you can only demonstrate it.
34:15 - Don't forget to connect with Linda!
No meeting after the meeting.
Can't mandate accountability only demonstrate it.
Don't rescue, fix or save underperformers.