YAPClassic: Donald Miller on How To Make Your First Million in Business

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

YAP Media Network

Education, Marketing, Entrepreneurship, Business, Self-improvement

4.8 • 1.3K Ratings

🗓️ 31 January 2025

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

Donald Miller once lost all of his life savings to a bad investment. But after he decided to start taking 100% ownership of his life and business, everything changed. In this episode, Donald is back on YAP to focus on how to grow a small business! Donald will explain why we should think of our business as an airplane and why most small businesses today are failing. He will also break down how we can get ahead of missteps as business owners. In this episode, Hala and Donald will discuss: (01:00) Introduction (02:27) Donald Miller's Journey from Failure to Success (04:48) Understanding the S-Curve in Business (10:27) The Airplane Analogy for Business Structure (20:14) The Importance of a Clear Mission Statement (30:48) The Reality of Business Ownership (32:15) Core Values: The Backbone of a Strong Team (33:31) Key Characteristics and Critical Actions (35:32) The Three Essential Leadership Personalities (38:04) Making the Customer the Hero (46:49) The Power of Story in Sales (51:51) Integrity in Business Donald Miller is the CEO of StoryBrand, an agency that has helped more than 10,000 organizations clarify their brand message, and Business Made Simple, an online platform that teaches business professionals everything they need to know to grow their business and enhance their value on the open market. Donald is the host of the Business Made Simple podcast and the author of the bestsellers Building a StoryBrand, Marketing Made Simple, and Hero on a Mission. His book, How to Grow Your Small Business, provides a proven 6-step plan for growth so you can stop drowning in the details. Connect with Donald: Website: businessmadesimple.com LinkedIn: linkedin.com/in/donald-miller-540007124 Twitter: twitter.com/donaldmiller Instagram: instagram.com/donaldmiller Facebook: facebook.com/donaldmillerwords Resources Mentioned: Donald’s Podcast Business Made Simple: youngandprofiting.co/3Eia9oJ Donald’s book How to Grow Your Small Business: A 6-Part Strategy to Help Your Business Take Off: youngandprofiting.co/42ygiHi Free Resources: youngandprofiting.co/4h7oGlz Donald Miller: Be Your Own Hero | E153: youngandprofiting.co/3CyhKih Donald Miller: Storytelling for Business | E120: youngandprofiting.co/3WJ5Usv Episode Sponsors: OpenPhone - Get 20% off 6 months at openphone.com/PROFITING Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services - yapmedia.com Transcripts - youngandprofiting.com/episodes-new

Transcript

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0:00.0	Today's episode is sponsored in part by Robin Hood, Airbnb, open-phone, rocket money, and indeed.
0:05.8	With Robin Hood Gold, you can now enjoy the VIP treatment receiving a 3% IRA match on retirement
0:11.7	contributions. To receive your 3% boost on annual IRA contributions, sign up at robin hood.com
0:18.4	slash gold. Hosting on Airbnb has never been easier with Airbnb's new co-host network.
0:24.4	Mind yourself a co-host at Airbnb.com slash host.
0:28.2	Openphone is the number one business phone system.
0:31.3	Build stronger customer relationships and respond faster with shared numbers,
0:35.2	AI, and automations.
0:36.8	Get 20% off for your first six months when you go to openphone.com slash profiting.
0:42.2	Rocket Money is a personal finance app that helps you find and cancel your unwanted
0:46.4	subscriptions, monitors your spending, and helps lower your bills.
0:50.3	Sign up for free at rocketmoney.com slash profiting.
0:54.2	Attract interview and hire all in one place with Indeed.
0:57.2	Get a $75-sponsored job credit at Indeed.com slash profiting.
1:01.6	Terms and conditions apply.
1:03.4	As always, you can find all of our incredible deals in the show notes or at young and profiting.com slash deals.
1:22.1	Welcome back, young and profiteers.
1:26.4	Have you ever wondered what separates successful small businesses from those that struggle to gain traction.
1:28.3	Today on Yap Classic, we're showcasing an interview I did with Donald Miller, the host of
1:32.6	the Business Made Simple podcast, as well as a best-selling author and CEO of Storybrand.
1:38.3	In this episode, we unpack the secrets of building a thriving entrepreneurial venture.
1:43.3	This conversation was back in 2023.
	...

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