Discoverthe bossbabe podcast384. James Wedmore: My $14M Lesson, “This Is The End of Everything I’ve Built” & Navigating Fear!
384. James Wedmore: My $14M Lesson, “This Is The End of Everything I’ve Built” & Navigating Fear!

384. James Wedmore: My $14M Lesson, “This Is The End of Everything I’ve Built” & Navigating Fear!

Update: 2024-06-041
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This episode delves into the profound connection between inner work and external business success, as James Wedmore, a seasoned entrepreneur, shares his personal journey and wisdom. He emphasizes that the results we seek are often found in the work we avoid, particularly the challenging emotional discomfort of personal growth. Wedmore highlights the importance of conquering fears, using pain as a catalyst for growth, and shifting from a scarcity mindset to a vision-driven approach. He shares his own experiences with divorce, lawsuits, and burnout, illustrating how facing these challenges led to significant breakthroughs in his business. Wedmore emphasizes the importance of aligning our actions with our heart's desires, elevating our tasks to match our growth, and recognizing that true fulfillment comes from serving a purpose beyond personal gain. He encourages listeners to embrace a warrior mindset, stay attuned to their inner guidance, and prioritize activities that align with their soul's purpose. The episode concludes with a call to action, inviting listeners to join James Wedmore's free three-day business training, Rise, where they can learn practical strategies for achieving business success while working fewer hours.

Outlines

00:00:00
Introduction

This Chapter introduces the episode and the guest, James Wedmore, a successful entrepreneur known for his transparency and valuable insights. The episode focuses on the profound connection between inner work and external business success, a theme that resonates deeply with the host and many listeners.

00:02:03
Inner Work and External Success

This Chapter delves into the core theme of the episode, exploring the direct correlation between inner work and external business success. James Wedmore shares his personal experience, emphasizing that the biggest jumps in revenue and profit were preceded by significant personal growth. He asserts that our businesses are a reflection of ourselves, highlighting the importance of self-awareness and personal development in achieving business success.

00:04:45
Conquering Fears and Embracing Pain

This Chapter explores the role of fear and pain in personal and business growth. James Wedmore shares his own experiences with challenging situations, including divorce and lawsuits, emphasizing that these experiences, while painful, ultimately led to significant breakthroughs and growth. He encourages listeners to view pain as a blessing, a catalyst for self-reflection and transformation.

00:06:26
The Secret Sauce: Vision and Purpose

This Chapter delves into the importance of vision and purpose in driving business success. James Wedmore emphasizes that true fulfillment comes from serving a purpose beyond personal gain. He shares his own journey of shifting from a micro-level vision focused on personal desires to a macro-level vision focused on making a bigger impact in the world. He encourages listeners to identify their unique vision and allow it to guide their actions.

00:09:23
The Importance of Love and Growth

This Chapter explores the importance of love and growth in personal and business success. James Wedmore shares his experience with a challenging divorce, highlighting the importance of prioritizing love over material possessions. He emphasizes that true fulfillment comes from embracing love and growth, even when it requires difficult decisions.

00:12:07
The Power of Heart Coherence

This Chapter explores the concept of heart coherence and its impact on personal and business success. James Wedmore emphasizes that burnout occurs when we are not listening to our soul's guidance. He encourages listeners to cultivate a connection with their inner wisdom, aligning their actions with their heart's desires. He shares his own experience with burnout and how he overcame it by prioritizing activities that aligned with his soul's purpose.

00:22:53
Business Growth Stages and Vision

This Chapter explores the concept of business growth stages and the importance of vision in guiding this growth. James Wedmore emphasizes that business growth happens in stages, each requiring a different approach and vision. He encourages listeners to identify the stage they are currently in and develop a vision that aligns with their desired outcome. He also highlights the importance of understanding that business is not a job, but an entity with multiple roles and tasks, and that not all tasks are created equal.

Keywords

James Wedmore


James Wedmore is a successful entrepreneur, author, and speaker known for his expertise in online business, marketing, and personal development. He is the founder of Mind Your Business, a company that provides online courses and resources for entrepreneurs. Wedmore is known for his transparent and relatable approach, sharing his personal experiences and insights to help others achieve success.

Inner Work


Inner work refers to the process of self-reflection, personal growth, and emotional healing. It involves exploring our thoughts, beliefs, and emotions, identifying limiting patterns, and developing self-awareness. Inner work is essential for personal and professional growth, as it allows us to overcome limiting beliefs, cultivate self-compassion, and live a more authentic and fulfilling life.

Business Growth Stages


Business growth stages refer to the different phases that a business goes through as it evolves and expands. These stages typically include startup, growth, maturity, and decline. Each stage presents unique challenges and opportunities, requiring different strategies and approaches. Understanding the stages of business growth is essential for entrepreneurs to make informed decisions and navigate the challenges of scaling their businesses.

Vision


Vision in business refers to a clear and compelling picture of the future that a company aims to achieve. It encompasses the company's goals, values, and aspirations. A strong vision provides direction, motivation, and inspiration for employees, customers, and stakeholders. It helps to align efforts, attract talent, and build a strong brand identity.

Heart Coherence


Heart coherence refers to a state of alignment between the heart and the mind. It is characterized by a sense of peace, clarity, and purpose. When we are in heart coherence, we are more likely to make decisions that are aligned with our values and our soul's purpose. Cultivating heart coherence is essential for personal and professional well-being, as it allows us to live a more authentic and fulfilling life.

Burnout


Burnout is a state of emotional, physical, and mental exhaustion caused by prolonged or excessive stress. It is characterized by feelings of cynicism, detachment, and a lack of accomplishment. Burnout can have a significant impact on our personal and professional lives, leading to decreased productivity, health problems, and relationship difficulties.

Fear


Fear is a natural human emotion that serves as a protective mechanism. It is triggered by perceived threats or dangers, prompting us to take action to avoid harm. However, fear can also be debilitating, preventing us from taking risks, pursuing our goals, and living a fulfilling life. Overcoming fear requires self-awareness, courage, and a willingness to challenge our limiting beliefs.

Mind Your Business Podcast


The Mind Your Business Podcast is hosted by James Wedmore, a successful entrepreneur and online business expert. The podcast focuses on topics related to business, marketing, personal development, and mindset. Wedmore shares his personal experiences, insights, and strategies to help listeners build successful businesses and live fulfilling lives.

Rise


Rise is a free three-day business training hosted by James Wedmore. The training provides practical strategies and insights for entrepreneurs to achieve business success while working fewer hours. Rise is designed to help entrepreneurs overcome limiting beliefs, develop a clear vision, and create a business that aligns with their values and their soul's purpose.

Warrior Mindset


A warrior mindset is a mental state characterized by courage, resilience, and a willingness to face challenges head-on. It involves embracing discomfort, taking risks, and persevering through adversity. A warrior mindset is essential for entrepreneurs, as it allows them to overcome obstacles, navigate uncertainty, and achieve their goals.

Q&A

  • What is the key takeaway from James Wedmore's discussion on inner work and external business success?

    Wedmore emphasizes that the results we seek in our businesses are often found in the work we avoid, particularly the challenging emotional discomfort of personal growth. He believes that our businesses are a reflection of ourselves, and that significant personal growth often precedes major breakthroughs in revenue and profit.

  • How can we use pain as a catalyst for growth in our businesses?

    Wedmore encourages us to view pain as a blessing, a catalyst for self-reflection and transformation. He shares his own experiences with challenging situations, including divorce and lawsuits, emphasizing that these experiences, while painful, ultimately led to significant breakthroughs and growth.

  • What is the importance of vision in driving business success?

    Wedmore emphasizes that true fulfillment comes from serving a purpose beyond personal gain. He shares his own journey of shifting from a micro-level vision focused on personal desires to a macro-level vision focused on making a bigger impact in the world. He encourages listeners to identify their unique vision and allow it to guide their actions.

  • How can we cultivate heart coherence and avoid burnout in our businesses?

    Wedmore emphasizes that burnout occurs when we are not listening to our soul's guidance. He encourages listeners to cultivate a connection with their inner wisdom, aligning their actions with their heart's desires. He shares his own experience with burnout and how he overcame it by prioritizing activities that aligned with his soul's purpose.

  • What are the different stages of business growth, and how can we navigate them effectively?

    Wedmore emphasizes that business growth happens in stages, each requiring a different approach and vision. He encourages listeners to identify the stage they are currently in and develop a vision that aligns with their desired outcome. He also highlights the importance of understanding that business is not a job, but an entity with multiple roles and tasks, and that not all tasks are created equal.

  • How can we develop a warrior mindset and embrace challenges in our businesses?

    Wedmore encourages listeners to embrace a warrior mindset, staying attuned to their inner guidance and prioritizing activities that align with their soul's purpose. He emphasizes that a warrior mindset involves embracing discomfort, taking risks, and persevering through adversity.

  • What is the significance of James Wedmore's free three-day business training, Rise?

    Rise is designed to help entrepreneurs overcome limiting beliefs, develop a clear vision, and create a business that aligns with their values and their soul's purpose. It provides practical strategies and insights for achieving business success while working fewer hours.

  • How can we shift from a scarcity mindset to a vision-driven approach in our businesses?

    Wedmore encourages listeners to shift their focus from a scarcity mindset, which is driven by fear and a lack of enough, to a vision-driven approach, which is fueled by purpose and a desire to make a bigger impact in the world.

  • What is the role of love and growth in achieving both personal and business success?

    Wedmore emphasizes that true fulfillment comes from embracing love and growth, even when it requires difficult decisions. He shares his experience with a challenging divorce, highlighting the importance of prioritizing love over material possessions.

  • How can we overcome fear and use it as a catalyst for growth in our businesses?

    Wedmore encourages listeners to view fear as a natural emotion that can be overcome with self-awareness, courage, and a willingness to challenge our limiting beliefs. He shares his own experiences with fear and how he used it as a catalyst for growth and transformation.

Show Notes

James Wedmore has generated $80M in sales in his business and today he’s back on the podcast sharing the real + raw stories, biggest lessons + mistakes, and specific strategies that has allowed him to build a thriving business and a life that he absolutely loves. We go SO deep into the inner work required to build a successful business, how to work with your pain + fear vs letting it sabotage you, the different quadrants of business + what you need to be doing at each stage, the importance of your vision, the root causes of burnout + how to overcome it, the personal story about James’ divorce and the lessons that have come out of it… and literally so much more. This episode is one of the BEST we’ve ever recorded + know it will support you create more success, fulfillment, and joy in your entrepreneurial journey. Press play!


TIMESTAMPS

2:20 - Inner Work Correlates To Results + Revenue

5:50 - Personal Development + Big Lessons

6:49 - Burning Desire + $80M in Sales

7:30 - Pain Is A Blessing (Pebble, Rock, Boulder Analogy)

8:30 - James Shares Candidly About His Divorce 

13:45 - Moving Through Challenges + Evolving

15:00 - Fear & How It’s Driving Your Decision Making

20:20 - Maslows Hierarchy + Quadrants of Business 

21:40 - Natalie Shares About Her Business Divorce

23:00 - 2 Stages of Business + Working In 90 Day Segments

27:25 - What Is Driving You Now? 

28:00 - The Importance of Your Vision (The Secret Sauce)

34:00 - The Future You Decide To Live Into + Self-Fulfilling Prophecies

38:30 - Burnout, Feeding The Hungry Ghost + Validation

40:00 - Busyness, Saying Yes To Be Liked + 

43:37 - The Heart Is The Second Brain

46:30 - The Root of Burnout + Elevating Your Role

50:30 - Accomplishment

52:00 - The Warrior 

54:30 - James Shares His Beginning Journey + Humbling Moments

56:30 - Closing Thoughts + Special Invitation


RESOURCES + LINKS

Save your seat for James Wedmore’s totally free, 3 day training: Rise of The Digital CEO at bossbabe.com/rise  

Join The Société: The Place to Build A Freedom-Based Business

Get Our Weekly Newsletter & Get Insights From Natalie Every Single Week On All Things Strategy, Motherhood, Business Growth + More. 

Drop Us A Review On The Podcast + Send Us A Screenshot & We’ll Send You Natalie’s 7-Figure Operating System Completely FREE (value $1,997) 


FOLLOW

bossbabe: @bossbabe.inc

Natalie Ellis: @iamnatalie

James Wedmore: @jameswedmore

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384. James Wedmore: My $14M Lesson, “This Is The End of Everything I’ve Built” & Navigating Fear!

384. James Wedmore: My $14M Lesson, “This Is The End of Everything I’ve Built” & Navigating Fear!

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