Making Tough Choices - When to Fire Your Clients: EP 60

The Inner Entrepreneur

When To Fire Your Clients

In this episode of the entrepreneur podcast, host Paul Ryan addresses the pervasive issue among seven to eight-figure business owners who feel overwhelmed and exhausted by their businesses. He emphasizes the importance of getting the right team and clients, sharing personal experiences and practical advice.

A pivotal story is recounted about a CEO who learned a valuable lesson in taking responsibility and the courage to say no to unfit clients. The episode underscores the necessity for business owners to set clear standards and maintain control over their business and life, highlighting the concept of the 'inner entrepreneur.'

00:00 Introduction to the Entrepreneur Podcast

00:09 The Epidemic of Exhausted Business Owners

00:58 From Chaos to Control: My Personal Journey

01:29 The Importance of Building the Right Team

02:03 Firing Unsuitable Clients

04:00 The 5 Percent 95 Percent Rule

05:43 A CEO's Hard Lesson on Client Selection

09:12 Taking Full Responsibility for Your Business

13:58 Defining Your Ideal Business and Life

15:51 Conclusion and Final Thoughts

About the host:

Paul Ryan is an entrepreneur, business owner and an eternal student of life. As a CEO, Paul has a depth of 'real life' experience of what it takes to be successful in business and life.

Paul embodies the spirit of a lifelong learner, with a thirst for knowledge and adept leadership that has enabled him to create a life of time and financial freedom.

Connect with the host:

Website: Pauljryan.net

Paul's X: https://twitter.com/paulryanwrites