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The EntreLeadership Podcast

I’m Scared This Technology Will End My Business

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.74.1K Ratings

🗓️ 7 April 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Today we’ll hear about:  An owner who’s afraid his business will become irrelevant  How an unexpected death is impacting a family business  The four keys to become a self-aware leader with Ken Coleman  A business owner who’s looking for his team to take more ownership    Next Steps:  📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us  📚 Learn about the EntreLeadership System: https://ter.li/system-p  💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p  ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl  🏢 Attend EntreLeadership Summit: https://ter.li/summit   🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries   📖 Preorder Dave’s new book, Build a Business You Love: https://ter.li/4zfr52  📘 Order Dave’s quick read, Delegation: https://ter.li/q5hmol    Connect With Our Sponsors:  💼 Go to Belay Solutions or text ENTRE to 55123 for their free resource!  💻 Visit NetSuite today to learn more.  🧾 Visit Payority for a free consultation!  📈 Get started with Sales Gravy’s free resource, The Small Business Owner’s Guide to Hiring Salespeople.  📝 Use code ENTRE15 to get 15% off your first year of Trainual.    Listen to More From Ramsey Network:  🪑 Front Row Seat with Ken Coleman  🎙️ The Ramsey Show  💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  🍸 Smart Money Happy Hour  💡 The Rachel Cruze Show  💰 George Kamel    Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0

From the headquarters of Ramsey Solutions, this is the Entree Leadership podcast, where I take calls from

0:16.0

leaders like you about what it takes to win at any stage of business and leadership.

0:21.9

I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches right

0:26.6

alongside people just like you.

0:28.9

If you want to submit a question, go to entreleadership.com slash ask or leave us a voicemail at

0:34.2

844-944-1070, and we'll, of course, set you up to be a caller here on the air,

0:41.9

and we'll just talk about business right in front of you, your business. I love it. Joshua is starting

0:47.6

us off today in San Antonio. Joshua, welcome to the Entree podcast. What's up?

0:52.3

Hello, Dave. Thank you for taking my phone call.

0:55.0

Sure. What's up? I have a auto collision shop here in San Antonio, Texas, and we gross

1:01.2

$2 million a month annually. I'm sorry, $2 million a year annually. We have 17 members, and we have

1:10.2

great margins. We're doing very well currently, but my worry is if I should

1:17.7

continue to invest in my industry and move forward, you know, cars are advancing so rapidly.

1:26.7

They're self-evoiding.

1:28.3

Cars just aren't crashing as much as they used to.

1:31.7

Insurance claim rates are decreasing.

1:34.9

And in five years, I don't know where we will be.

1:40.5

And it really worries me.

1:41.6

I don't know if I should continue to invest and grow my business.

1:46.0

Interesting. I never thought of that. Okay. Well, here's the thing. When I'm looking at something

1:52.2

like that, what happens to me is I can extrapolate into the future with a drama queen in my head

2:00.0

and turn something into a catastrophe

...

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