PP 488: Jim Palmer, Owner of Dream Business Coaching and Mastermind
“It’s not about what you do, it’s not about the deliverable. You will earn significantly more income for who you are, not what you do.”
Jim Palmer, owner of Dream Business Coaching and Mastermind, found himself climbing the corporate ladder back in the early 2000’s while working as a VP in marketing. Eventually, his position was eliminated. While off for a year due to unemployment, he received news that he had cancer. Nowadays, you will find Jim working his dream business from his 50 foot home on the water. Listen in as Kim and Jim discuss his multiple successful businesses, how he does it from his floating home, and the concept of the mule and the magician.
01:23 Finding the “best time” to start a business
07:08 The difference between a small business and an entrepreneur
18:25 Living on a boat!
24:41 What does a Dream Business mean to Jim?
28:08 The mule and the magician
35:36 Don’t worry about what others think
44:33 An ideal client for Jim
Connect with Jim
05:05 “People will find money. They’ll justify the reason to invest or spend money if it’s important enough.”
9:51 “Stay laser focused, kick all distractions to the curb, and sleep a little less if you have to.”
34:25 “The more somebody is willing to step up and to invest in themselves, the faster they’re usually going to grow.”
36:30 “You need to develop a thick skin as an entrepreneur”
49:13 “It’s not about what you do, it’s not about the deliverable. You will earn significantly more income for who you are, not what you do.”