What would have a bigger impact on your business growth: your enthusiasm or business experience? Steven Sashen describes the weight of experience in a business journey since it is deeply connected to hands-on activities, seeking the key to drive your business, and being persistent in developing it. Along with that Steven provides interesting statistics on the history of sports shoe design and what to undertake to draw interest to your business.
About Steven Sashen:
Steven Sashen was a former professional stand-up comic, world-winning screenwriter, and the fastest master sprinter in the US over 45. Steven wants to provide his customers with true value through his athletic shoe company. The design of shoes is based in such a way that the sole imitates your foot – Xero Shoes, which is the healthiest model according to various research.
Why business experience outweighs enthusiasm?
Experience holds greater importance and outweighs enthusiasm, here’s why:
Experience brings valuable knowledge, expertise, and a deep understanding of business operations and market dynamics. It allows business owners to successfully anticipate and manage risks effectively, make informed decisions, and develop problem-solving skills.
In addition, experienced businesspeople have established networks and relationships that contribute to long-term success. They have learned to adapt and thrive in challenging situations. They have grown resilient and adaptable as a result of enduring economic downturns, competitive pressures, and industry disruptions. Because of their experience, they are able to change course when necessary, pivot their business models, and stay one step ahead of the competition. They have established credibility and track record inspire trust from stakeholders.
While enthusiasm is also a valuable aspect in business, it is the combination of experience and enthusiasm that leads to the most successful outcomes in the business world.
Episode highlights:
- Steven casts light on some interesting research that contradicts popular beliefs around footwear. According to doctors, the injury rate nowadays is almost the same as it was 50 years ago, which means that current models of sports footwear do not serve their cause to help. [11:02]
- Experience outweighs enthusiasm, but you need to be able to shape that and get your message across to your customer either way. [27:38]
- The trend of looking for real business that makes real money by helping real people is already starting to happen. Steven is intended to demonstrate there is a value in it and that you can build something that will last and bring practical feck. [29:38]
- To attract people to what you do, you have to produce something of great value for your clients, to make a really fantastic show for them to get interested particularly in your projects. If you cannot do that, there is something wrong with your business. [38:26]
- Steven explains that shoe size is a relative measure depending on different variables such as personal preferences, measure length, types of material, brand, your own ideas on size, etc. There is no true size. [1:20:25]
Steven Sashen’s best advice for entrepreneurs:
“To make people stop you need to do something to get their attention. The biggest thing is that you should provide something of value, give people a really great experience.”
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