Action's Antidotes

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September 20, 2021

 

Imagine starting a startup a day. That sounds crazy and impossible to handle. But, apparently, for Greg Tanner, this wasn't all too crazy. Greg did 31 startups in 31 days. Having spent the majority of his career in Information Technology, Greg has mastered how to run a business from an IT sense. He is the founder of several companies, including Aspen Capital Fund. Join Greg as he sits down with your host Stephen Jaye to discuss how to successfully start a startup. Learn what are the best high-income skills you need so that you can be more flexible. Discover ways on how to spark your creativity. Learn how to be observant of your surroundings. And remember to take care of yourself. Startups can be stressful. Make sure you don't overwork yourself and ruin your health. Learn all this and more today.
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Listen to the podcast here:

A Startup A Day: The High-Income Skills You Need To Start A Startup With Greg Tanner
There are a lot of people out there who start-up businesses and companies and I have a lot of admiration for that whole process. My guest here is Greg Tanner of Aspen Capital Fund spent his July starting up 31 companies in 31 days. Here to talk about that experience, Greg, welcome to the show.

Thank you for having me. I appreciate being here.

The first thing I need to ask you is how busy did that make your July?

Know when to walk away from some of your ideas. You can't be too in love with them.Click To Tweet

It was very busy. It took a lot of discipline and what I call high-income skills to get these all going. I had some of these ideas before. I watched someone do 31 startups in August 2020, a guy named Mark Grimes. I also watched another guy named Doc Williams do 100 startups in 100 days in 2020. He's a phenomenal inspiration. He builds a business every Thursday on a YouTube show and he shows you how to do it. It's cool.

Anyone reading that's wanting to learn more about the process and how to start up a business can check out this Doc Williams' YouTube channel.

He shows you how to do no-code, app-building, all sorts of types of businesses. It's crazy. There are a lot of how-to and good ideas there so that was the inspiration. I was going to do it in 2020 with Mark. However, my August was too busy. I wasn't able to do it. In 2021, I decided to do it and had a lot of ideas since I started Aspen Capital Fund. My nephew and I have this thing called the Tanner Idea Factory. We have all these ideas. Some of them we never got to or that's a good idea but then it was just an idea. I took some of those out of there. I've taken some things that I've been wanting to do for my business at Aspen Capital Fund and some of the other things that I thought were good ideas.

It was a good experiment. I've done startups before but now in this age of creators, it's interesting to try to figure out how do you monetize your idea and how you scale it. That's the biggest takeaway I've learned from it and some of these ideas, I stood it up and I was like, "No one's going to ever give me a dime for this thing." It was a failure the day that it was opened or started. You got to know when to walk away from some of these ideas. You can't be so in love with it. It does take grit but you don't want to be wasting months on a startup that's not going to make any money.

Starting Startups: There is a fine line between taking on any endeavor and giving up on something too quickly, knowing that something is not going to go anywhere despite putting a lot of energy into it.

 

That's a very good point because there is a fine line between whether it be starting off a business or taking on any endeavor, between giving up on something before you even give it a chance and sticking with something that's not going to go anywhere when you've put a lot of energy into it. How would you say or what would you recommend someone who's reading this starting up their own business or any other thing in life?