Podchaser Logo
Home
The Grit Behind the Glitz of Building Your Business

The Grit Behind the Glitz of Building Your Business

Released Tuesday, 21st May 2024
Good episode? Give it some love!
The Grit Behind the Glitz of Building Your Business

The Grit Behind the Glitz of Building Your Business

The Grit Behind the Glitz of Building Your Business

The Grit Behind the Glitz of Building Your Business

Tuesday, 21st May 2024
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:01

Hey dreamers and gold diggers , welcome

0:03

to the Hood to Hooded podcast . With Dr Shon

0:05

, the Motivational Mentist , we're here

0:07

to elevate your game in business , entrepreneurship

0:10

, mental and physical wellness and

0:13

financial literacy , all aimed

0:15

at helping you create generational wealth

0:17

. Grab your pens and pads , because

0:20

we're diving deep into strategies

0:22

to boost your mindset and set you on the

0:24

path to happiness and success

0:26

. All aboard the Hood

0:28

to Hooded Express , let's get

0:30

started . Hello

0:38

kings and queens , welcome back

0:40

to another episode of the

0:42

Hood to Hooded podcast with your host , Dr

0:44

. Shon TV

0:46

. I like to add that little last

0:48

part on for a little pizzazz . But

0:50

I'm Dr Sean , the motivational dentist

0:53

, and I am here to

0:55

help you break generational

0:57

curses , create generational

1:00

wealth and retain

1:02

generational knowledge . You

1:04

know , this

1:06

podcast is a

1:09

journey from hood to hood . It

1:11

is a journey from poverty into

1:13

wealth . It's a journey from being

1:16

broken down into success

1:18

and just feeling happiness . And

1:20

also it's a journey in , you

1:22

know , just your overall health , mental

1:24

health , physical health , spiritual health , just

1:27

all the pillars of health we want

1:30

to address in this podcast . But

1:32

today our topic is entrepreneurship

1:35

. Entrepreneurship is

1:37

one of those things where it's very , very

1:39

risky . Not everybody's going to do it , and

1:41

if you've either been thinking about doing

1:44

it or you've been a little hesitant

1:46

you don't know where to start then

1:48

perhaps this podcast is

1:50

for you . Now , if you've been stuck in

1:52

a rut , living paycheck to paycheck , maybe

1:54

you also need to listen to this podcast

1:57

, because maybe there's some jewels in here

1:59

for you to take back with

2:01

you and to take action on your dreams

2:04

and not feel any

2:06

regret about your life . All right

2:08

. So let's start off . So

2:10

we all know the definition of entrepreneurship

2:13

or entrepreneurs . This

2:15

is a term that's tossed around

2:17

loosely and a lot of people don't realize

2:19

that most entrepreneurs

2:22

fail within the first year . They

2:25

quit their business , it doesn't work out

2:27

and it's really , really hard to

2:29

make it past the fifth year

2:31

. So me , here I'm in my

2:33

less than first year of

2:36

entrepreneurship , specifically

2:38

in the dental industry , and

2:41

that's what I want to talk about

2:43

a little bit today my experience , the

2:45

things that I've learned and maybe

2:48

some things that I could have done differently . But

2:50

you never can go back . It's all a learning

2:52

experience . Some learning

2:54

experiences are a little bit more expensive

2:56

than other ones . So I'm

2:59

the type of person I like to be in

3:01

a room with other people who are bright

3:03

, intelligent , and I don't like to be the smartest person

3:06

in the room , because you know what they say

3:08

if you're the smartest person in the

3:10

room , you are absolutely in

3:12

the wrong room . Okay , you don't

3:14

want to be around a bunch of know-it-alls and you

3:17

know you want people to actually pour into

3:19

you , give you that generational knowledge

3:21

so that you can share it and grow your wealth

3:24

and grow your happiness and just , you

3:26

know , not feel so defeated week

3:28

after week . So entrepreneurship

3:31

, according to Wikipedia , is

3:33

the creation or extraction

3:36

of economic value in ways

3:38

that generally entail beyond the

3:41

minimal amount of risk assumed

3:43

by a traditional business and

3:45

potentially involving values

3:47

besides simply economic

3:49

ones . So that's what

3:51

entrepreneurship is . It's just like taking

3:54

that journey and taking those risks

3:56

that create economic value

3:58

, which is something that lacks when

4:00

you are faced with poverty . You don't

4:02

have much economic value because you

4:04

don't understand . You know

4:06

that money is fake , that you're supposed to

4:08

use it to invest and build wealth

4:10

and buy land , and you know

4:13

these different tools that you can use

4:15

money for . This is the difference

4:17

between someone who is in the hood and someone

4:19

who is hooded . Or hooded generally

4:22

just means like someone who has made it

4:24

okay , because everybody who is hooded

4:26

doesn't necessarily have

4:28

a lot of wealth . Okay , it's

4:31

just a metaphor . So

4:33

what exactly would we describe as

4:35

an entrepreneur ? Do you see yourself

4:38

as an entrepreneur ? Do you know

4:40

any entrepreneurs in your family , in your

4:42

environment ? Well , you guys

4:44

. Entrepreneurs are all around us . All

4:46

the businesses you see in your city , all

4:49

the you know the things that you see

4:51

going on in your town , your city

4:53

. They are ran by entrepreneurs

4:55

the pizza huts , the mcdonald's

4:58

, the kfc's , the hospitals

5:00

, the barber shops , the

5:03

beauty salons , the , the nail salons

5:05

, you know , the clothing stores , the grocery

5:07

stores all these had to start with someone

5:09

who is , just like you , interested

5:12

in making a difference in the economy

5:15

and in their economic

5:17

value . An entrepreneur

5:19

is an individual who creates

5:21

or and or

5:24

invests in one or more businesses

5:26

, bearing most of the risk and

5:28

enjoying most of the rewards

5:31

. The process of setting up a business

5:33

is known as entrepreneurship , which

5:35

is what we are talking about today , your journey

5:38

in entrepreneurship and , well , my journey

5:40

in entrepreneurship as well . The

5:42

entrepreneur is commonly seen

5:44

as an innovator , a

5:46

source of new ideas , goods

5:49

, services and business

5:51

or procedures

5:53

. So does that sound like somebody

5:55

? Does that sound like you ? Are you an innovator

5:58

? Are you somebody who is always trying to

6:00

think of something new to help other people out

6:02

or just to make a difference in the world

6:05

? Do you have a lot of new ideas

6:07

that you want to bring to life , that

6:09

you want to write on paper and actually see

6:11

come to life ? Do you want to

6:13

sell goods or services ? Do you

6:15

develop businesses or procedures

6:17

for businesses ? Do you see yourself

6:20

as someone who

6:22

creates new ideas

6:24

, who wants to sell a good or service

6:26

. So , for instance , services would be something

6:29

like dentistry when the patients come

6:31

in the door , we provide a service and , in

6:33

turn , that creates economic value

6:35

, and that value is determined

6:37

on how you value

6:39

yourself . So that's

6:41

why I say you should always know your worth

6:43

. You should always know what you're doing in life and

6:45

always have a purpose . Entrepreneurship

6:48

is really , really

6:50

difficult , but the

6:53

people who take that risk

6:55

, who know that sometimes the reward

6:57

might not come instantly . A lot

6:59

of times , 99.9% of the times

7:01

, the reward in entrepreneurship does

7:04

not appear in your life instantly . You

7:06

have to put your head down , stay

7:08

focused , keep grinding , get

7:11

up every day , make a difference

7:13

and just keep pushing forward . In

7:15

relationship to the dental office

7:17

, the first year was really

7:20

scary . You know I'm coming

7:22

from not only

7:24

just being a new dentist not technically

7:27

a new dentist but I haven't been a dentist for over

7:29

10 years . I graduated 2016

7:31

from Meharry Medical College

7:34

in Nashville , tennessee , which

7:36

was one of the most difficult things I ever

7:38

done in my life . Losing my

7:40

mom was one of the most difficult mental

7:43

battles I ever faced . But the second has

7:45

to be going to dental

7:47

school . Like dental school

7:49

. It like it , just you

7:51

have to be a sponge . It

7:54

will change your whole entire life and

7:56

make you realize that you don't

7:58

know anything like what you thought

8:00

you knew . You don't know how far that your

8:02

brain can absorb this information

8:05

at such a fast pace . So just

8:07

coming from that environment and

8:09

feeling like that was super , duper difficult

8:12

. I kid you not so anybody out

8:14

there who wants to be a

8:16

dentist . You have

8:18

to buckle down and stay focused . I feel

8:20

like we will discuss like pre-dental

8:23

tips and tricks in another podcast

8:25

. But , that all that experience

8:28

is going to be very vital to your

8:30

journey

8:32

as an entrepreneur , should you decide

8:34

to take that route . Ok , so once

8:37

I got out of dental school , moved

8:39

to New York City , started

8:41

a dental practice residency at the Brooklyn

8:44

Hospital Center . I

8:46

knew that it was just . This field is

8:48

just very , very difficult , especially

8:50

coming from the hood . So the big

8:52

difference is coming from the hood , you

8:54

don't really have that support system . People don't

8:56

even know how to support you , so you really

8:58

lack . So I could just remember

9:00

being in New York City attending

9:03

this residency program , which was a general

9:05

practice residency , feeling , like

9:07

, you know , a

9:10

little stressed because part of the year I

9:12

was homeless , sleeping in the car let's

9:14

talk about that um

9:16

, the beginning of the year , begging for money

9:18

online from family and friends

9:21

to try to help me overcome

9:23

this hump , and

9:25

I could just remember a family member . I

9:30

asked the family member I don't want to put the name out there , but I was just so

9:32

shocked like , homeless , just getting out of dental school , homeless

9:34

in Nashville , really , really sick . I

9:36

was taking this drug called Lupron

9:39

it's a chemo drug and

9:41

it really made me really , really sick my

9:43

last semester of dental school . So

9:45

I really thought my whole life was over . I

9:47

thought that God was calling me home . I

9:49

was in so much pain and I just thought that

9:51

my whole career was over . But

9:54

the moment that I realized I was about to

9:56

lose everything that I've worked for for

9:58

all these years you know , 12 years

10:00

of school something clicked

10:02

. I said you know , I cannot give

10:04

up , not right now . God won't

10:06

bring us so far

10:08

, just to leave us going

10:10

through all of that , dealing with that experience , moving

10:13

to New York with nothing , having

10:15

to give everything away because I could not

10:17

afford to bring it here . You know

10:19

, moving to New York City you have to kind of

10:21

downgrade . You can't take a house full

10:24

of stuff . So just shedding

10:27

all of that past , and shedding

10:29

all of the past to

10:31

move and get to this point was a sacrifice

10:33

. And that went

10:36

on to , you know , me working

10:38

six years as a

10:40

general dentist and realizing

10:42

that if I don't

10:44

take that risk like

10:46

they describe in you know the definition

10:48

of entrepreneur someone who sets

10:51

up businesses is an innovator

10:53

, a source of new ideas , goods

10:55

or services If I don't

10:57

take most of the risk , I

11:00

will never see the reward that I wanted , because I

11:02

wanted autonomy . I

11:04

want to be able to get up in

11:06

the morning and do what I love to

11:08

do , without pressure , without force

11:10

, without rushing , and

11:13

that's what the big problem was for me being

11:15

an associate dentist was

11:17

it's always like a rush environment

11:19

. There's always some discrepancies with your

11:21

pain , there's always like somebody over

11:23

your head it's just

11:25

not your idea . So you kind of have

11:28

to conform to what other people

11:30

want , and this goes for any job . I'm just

11:32

using my career as a dentist

11:34

as an example . Now , it

11:36

doesn't matter what level you are , you

11:39

still have . If you're an entrepreneur

11:41

at heart , you will know , because

11:43

nothing else will ever work for you

11:45

. Nothing else will ever feel

11:48

as good as being your own

11:50

boss . This isn't for everybody and

11:52

a lot of times , even now , I

11:54

find myself like , wow , what did I get myself

11:57

into ? This is a lot . There's a lot of

11:59

responsibility , there's a lot

12:01

on my head Like there's

12:03

so many ideas and you

12:06

know , keeping your cash flow

12:08

and there's just so much that goes

12:10

into being an entrepreneur . Okay

12:12

, but if you want it , you will absolutely

12:15

take that risk and nothing and no

12:17

one is going to stop you coming back

12:19

to one year ago , getting

12:22

that urge , feeling the burning

12:24

desire to make a difference

12:27

, to be an innovator . I

12:29

took that leap of faith and

12:31

when you are in the beginning stages

12:33

of entrepreneurship , one tip

12:36

that I will tell you is you want to kind of ease

12:38

your way out , especially if you're funding it

12:40

yourself . A lot of times

12:42

you can get business funding which is a topic

12:45

for another conversation but if you're funding

12:47

it yourself , like me , that's probably something I

12:49

wouldn't have done in the past . But god

12:51

told me to go . You know , like melody , god

12:54

told me to go first . Couple

12:57

months last

13:00

year I did part-time in other offices and

13:03

I did part-time in other offices and I did part-time

13:06

here in our

13:08

office Motivational Dentistry until

13:11

I felt a strong

13:13

urge to just say you know what ? I'm going to go full-time

13:15

, I'm going to quit my job and just really

13:17

believe in this . Now you have to know

13:19

you're going to get met with

13:22

a lot of backlash , a lot of doubt

13:24

from people who have never been entrepreneurs

13:26

, because they cannot see your vision

13:28

. So that's number two . Number

13:30

one is make sure you kind of ease into

13:32

it . Keep your job and ease into

13:35

it . Do it as a side hustle at first . Number

13:37

two you want to be surrounded by like-minded

13:39

individuals . There is nothing worse

13:42

than having this huge dream

13:44

to start this company , to be an innovator

13:46

, knowing now we already

13:48

know that there's a high risk

13:50

, because that's the thing about entrepreneurship

13:53

and entrepreneurs there's a high risk . It's

13:55

not a low risk . There's a high

13:57

risk that you could fail . But

13:59

I think that's the most intimidating

14:01

part of this process is knowing in the back

14:04

of your mind that this could fail

14:06

but should not stop you

14:08

. It should not stop you from like

14:10

for me , I know that there was a one

14:13

percent chance that

14:15

I would become a dentist and I

14:17

could not let that one percent chance

14:20

that was staring me in the face prevent

14:22

me from accomplishing my goal or

14:24

, even worse , just even attempting

14:26

to accomplish my goal . So you , at

14:28

least , must make

14:30

an attempt to reach those

14:33

requirements and those goals that you

14:35

have set in your life . You

14:37

set those goals . So I feel like

14:39

you need to meet those goals Now . If you don't

14:41

have , then you're probably on the wrong

14:44

podcast . If you're just willy-nilly

14:46

going through life , then you're probably on the wrong podcast

14:49

. But I feel like everyone should

14:51

feel confident and really be the

14:53

boss of your own life . Okay

14:55

, so last year , journeying through

14:58

entrepreneurship , it just really

15:00

opened my eyes to a lot , because I went

15:03

from just being that employee

15:06

mindset clock in , do

15:09

my dentistry go home . Clock

15:11

in , do my dentistry go home but I felt

15:13

like I was in some type of box

15:16

. I always met a ceiling . I always

15:18

met some type of adversity

15:20

in the dental office , whether it come from racism

15:23

, being the only Black person even

15:25

you know the doctor , the patients

15:28

nobody looks like me . The staff

15:30

doesn't look like me . I'm in an environment

15:32

where I'm the only Black person in the building

15:35

and I hardly ever see anybody who looks like

15:37

me . So and then you get a

15:39

lot of like flack from

15:41

doctors . The staff trying to start issues

15:43

it's just like can become very

15:46

, very racist

15:48

in the office , and I've had that

15:50

experience not in a lot of offices , but in

15:52

one particular . So that

15:54

experience really , really set

15:56

me off . And then I found out that

15:59

I will only be getting 25%

16:01

of the work that I was doing . So this is a bad

16:04

deal for me , like if you're only

16:06

, you know just scraping

16:08

by doing most of the work . It's

16:10

time for you to be an entrepreneur and do it for

16:12

yourself . Another thing

16:14

about the first year is that when

16:16

it became time to go full on

16:19

. I did seven days

16:21

a week , seven to seven every

16:23

day for like the first month

16:25

or two and I realized quickly

16:28

this was a bad idea . Like you have

16:30

to have a work-life

16:32

balance even as an entrepreneur

16:34

, those first months

16:36

, maybe even first years , will

16:39

be some sleepless nights . It gives

16:41

me the nostalgia of dental

16:43

school , like the hustle , the grind

16:45

, having so much responsibility

16:47

and it's a lot . Because one

16:50

thing that they don't teach in

16:53

dental school I mean they kind of brush

16:55

over it but I don't think it's taken as serious

16:57

is entrepreneurship

16:59

business , and you already

17:02

know that this isn't taught really in high

17:04

school . It's really not taught

17:06

in college , unless you specifically

17:08

seek out that type of information

17:10

. So for me , I know that

17:12

my undergrad years at Florida

17:15

State University , even my

17:17

high school years at James

17:19

S Rickards High School , being in the International

17:21

Baccalaureate program , really

17:24

kind of helped me solidify a lot of things that I didn't learn in the hood . A

17:26

lot of things that I didn't learn in the hood , a

17:28

lot of things that I probably would have never learned

17:30

. Just being on a straight and narrow path , being

17:33

in those specific programs

17:35

, really shaped me as a young adult

17:37

, in IB and

17:39

then going to Florida State . It really helped

17:41

me catch on to the pace that

17:43

college really has . So

17:45

every level is going to get harder

17:48

and harder and harder . When you're in middle

17:50

school you have that feeling like dang , I'm

17:52

scared to go to high school . I know it's another level

17:54

. You have that anxiety . I was

17:56

the same way . When you get to high school you realize

17:59

it's not too bad , but it is another , it's

18:01

going to require more of

18:03

you , okay . So when I got to

18:05

high school in

18:08

ap classes , I was forced to get

18:10

into ib classes . See , god does

18:12

everything in his timing

18:14

. I did not want to do the program , I was

18:16

forced . God moved people

18:18

to put me in the program in 11th grade

18:21

. Right , dealing with that

18:23

. Going to college , going to florida

18:25

state , realizing , hey , I love

18:27

learning about science but my other brain

18:29

kind of wants to know some business

18:31

. I want to know the numbers , I want to know how the

18:33

business moves . But you know , being

18:36

a science major , taking organic

18:38

chemistry , taking biochemistry , physics

18:41

, one and two organic , one

18:43

and two anatomy , all these different

18:45

classes , you really have to

18:47

stay focused because this is where they weed you out

18:50

. But they also help build

18:52

your confidence and your skills to

18:54

prepare you for what's about

18:56

to hit you when you go into dental school . Okay

18:58

, in college I found time to take accounting

19:00

, um , some personal finance

19:02

classes , some business , but

19:04

it just wasn't enough to really call myself

19:07

business minded or entrepreneurship

19:09

. It was just like scraping

19:12

the surface . But nevertheless it

19:14

was a valuable experience Accounting

19:16

I will never forget . At

19:19

Florida State University , accounting was one

19:21

, accounting one and two , because I

19:23

wanted a business minor . So you have to take certain

19:25

classes and I was like , oh

19:27

my god , I never thought that math

19:30

, money , math could

19:32

be so confusing . It

19:34

was just so confusing to me back then . But

19:36

now I realize how important it is

19:38

and it really kind

19:41

of helps me out . Now I just have to learn more

19:43

. One funny thing that I'll point out

19:45

is Warren Buffett . He said what

19:47

is the one topic

19:49

that most people should

19:51

learn ? You know , if they're

19:54

doing business and they want to be an entrepreneur , and

19:56

that topic is accounting . It's

19:58

accounting , it's math , it's money

20:00

. Everything revolves around it . So that

20:02

experience in college really kind of helped me out

20:05

to this day . So just

20:07

being in this first year having to

20:09

deal with accounting , not really having

20:11

that experience in dental school because dental

20:13

school has me focused pretty much

20:15

95% on learning the body

20:18

, learning the mouth , learning the

20:20

teeth , learning the procedures , learning

20:23

the protocols , just learning so

20:25

much other than that . And they try to squeeze

20:27

it in , like with investing

20:29

, but not really entrepreneurship

20:32

overhead supplies

20:34

, anr accounts , receivable

20:36

topic , the kpis so all this stuff

20:39

opens up into a whole

20:41

new world . In the first year of your business

20:43

, you want to keep track of

20:45

your KPIs , all right

20:47

, your key performance indicators

20:50

. We're kind of talking

20:53

about a bunch of different things in this episode

20:55

, but the whole moral of the story is

20:58

being an entrepreneur is

21:00

a big risk . It's a big risk

21:03

and everybody's not

21:05

going to take it , but I want you guys to be motivated

21:07

, to be an innovator , to

21:09

be positive along your

21:11

journey and don't become negative

21:14

when things don't work out . So

21:16

this first year has been truly

21:18

a year of development . I think

21:20

when you're going through your first year of entrepreneurship

21:23

, this is the time for you to give yourself

21:25

some grace , go extra hard

21:27

and just always be

21:30

developing Every single day

21:32

. Think about how you can develop

21:34

more systems

21:36

for your business , more marketing

21:39

for your business , more advertisements

21:41

for your business , more products

21:43

, better services . And number one

21:45

one I would say is customer

21:48

service like that

21:50

is so huge . When you are

21:52

an entrepreneur , don't go too fast

21:54

and just take your time every day . So

21:57

during the

21:59

first six months

22:01

of being an entrepreneur , the things

22:04

that really hit me like a ton of bricks , especially

22:06

in the dental field , is

22:09

overhead . You know , this

22:11

is how much you have to subtract

22:13

from what you produce or what

22:15

you sell , the goods that you sell , to

22:17

pay the bills basically . So

22:19

that's one thing that you want to eliminate or

22:22

reduce is your overhead

22:24

. So if you made $10

22:26

off of this sale and

22:28

the supplies and the staff

22:30

, that percentage is like $6

22:32

. That means you're only making $4

22:35

on it . So dealing with

22:37

that , trying to align vendors

22:40

and speaking to patients and

22:42

just being the person who is

22:44

100% like

22:46

, and

22:51

just being the person who is 100% like

22:53

, the license falls on . It's a lot of pressure , it's a lot of stress

22:55

. There's so many legal requirements that come with it , from OSHA to HIPAA , to

22:57

the state requirements to the radiology

22:59

. It's just so much to

23:02

deal with . But the one thing

23:04

that I can say that it's worth it and

23:06

that you can do it and that you just have to stay

23:08

focused . Okay , entrepreneurs

23:11

really must have a totally

23:14

different level of confidence to

23:16

do something that is scary and that could

23:18

possibly not really work out

23:20

. A lot of the days here now

23:22

I feel like this

23:25

could possibly fail . This business could

23:27

fail , but I won't quit . That's

23:30

the big difference . Something could fail

23:32

, but the overall

23:34

goal is to not quit . It's

23:37

kind of like when I'm watching the WNBA

23:39

game . Sometimes I'm like dang . I know those

23:41

teams feel bad , they're losing , but

23:43

you still have to play to the very end

23:45

. You still have to complete the game , take

23:48

in that loss , go back

23:50

, develop new concepts , develop

23:53

new economic systems and develop

23:55

yourself so that you can get better and

23:57

win the next round . I would

23:59

say , um

24:02

, honestly , many days being an entrepreneur

24:05

, it feels stressful

24:08

, and that's one thing that

24:10

we don't want to have

24:13

every day is , you know

24:15

, taking on that stress , you really need

24:18

to have your faith really

24:20

high , know why you're doing

24:22

what you're doing and really pay

24:24

attention to the numbers . The numbers and

24:26

entrepreneurship is attention to the numbers . The numbers and entrepreneurship

24:28

is going to change your life . The

24:31

numbers meaning the taxes how

24:33

much are you charging

24:35

for your services and goods ? Like you

24:38

don't want to lowball , um

24:40

, you want to make sure you are matching the supply

24:43

and demand . So this has to deal with economics

24:45

when you talk about your supply and

24:47

your demand . So if your supply is really high

24:50

, maybe your prices are too high . Maybe you have to

24:52

come down a little bit and then , when

24:54

the demand goes up , you can increase your

24:56

prices because you

24:58

have more people wanting the supply

25:00

. So it's just like knowing

25:03

your worth is everything . That's the biggest

25:05

takeaway that

25:08

you can have being an entrepreneur and an

25:10

innovator . You must know your work

25:12

, because some people might know your work better

25:14

than you do and then they rip you off and

25:17

then listen . It's a bad

25:19

deal . So you want to know your worth and

25:22

constantly develop

25:24

your constantly develop that relationship

25:27

with yourself where you're not lowballing

25:29

yourself , getting cheated and feeling like it's not

25:31

worth it , because that's the worst

25:33

thing you can do . I can recall , you know , in

25:35

the beginning of opening this dental practice

25:37

I did not want to participate

25:40

with dental insurance . I

25:42

was so skeptical about it . I heard bad things

25:45

about it . I mean , everybody who was talking

25:47

to told me it was a bad idea

25:50

. Only take a couple . And I said you

25:52

know , I didn't want to do it . When you're first starting

25:54

, you have that fear . Like what if I don't have a patient

25:56

? What if nobody walks in the door ? Like

25:58

I remember our first day , we had

26:01

one patient , one patient

26:03

. It was an emergency from

26:06

the office that I was working at part time

26:08

. They sent me a patient and but we

26:10

always had a patient every day

26:12

. Show up and you know

26:15

, keep this thing and keep this dream rolling

26:17

. Um . So that's

26:19

the fear when you start am I going to have a customer

26:21

? Am I going to have a patient ? But realize , everybody

26:24

started from nothing . Everybody started

26:26

from zero . When it comes to entrepreneurship

26:28

, most people start from zero . Besides

26:30

the people who have legacy

26:33

, have parents . I'm not talking about those people

26:35

. I'm talking about people who come from

26:37

poverty , who look like me

26:39

. Take that leap of faith . Use that extra money that you have to invest in yourself

26:41

and invest in your business . You're going to have to go without the lashes . You're

26:43

going . You have to invest in yourself and

26:45

invest in your business . You're going

26:47

to have to go without the lashes . You're going to

26:49

have to go without the weave . You're going to have to go without

26:51

the fancy car . You're going to have to go

26:54

without the fancy vacation

26:56

, the expensive clothes and shoes for

26:58

a little while so that you can invest

27:00

and take that risk and accomplish

27:03

something greater , because nobody's

27:05

going to do it for us . No one is gonna wake up

27:07

tomorrow and just have it all together

27:09

. You have to at least put in that effort

27:11

and try . Stay away from negativity

27:14

, stay away from negative people who aren't , who

27:16

are in the room just to soak up gossip

27:20

and different things . You have

27:22

to stay focused , just

27:24

stay , stay focused . That's the biggest thing

27:26

about this is staying focused

27:29

. What can you innovate

27:31

today ? What ideas can you bring

27:34

to life today ? How can

27:36

you increase your branding , your presence

27:38

in the market ? How can you increase

27:40

your demand for your supply

27:42

and know your worth ? That's the biggest

27:45

thing ever that going and

27:47

taking all those insurances , I kind of lost

27:49

the value of my worth . I

27:51

was back into the hustle and bustle of

27:53

going really fast , trying to make , trying

27:56

to get the dollar because everything's so cheap

27:58

, dealing with the insurance , like I just got to

28:00

keep working faster and I was just back

28:02

into a spot where I felt like I was still in somebody

28:04

else's office . This was not

28:06

the idea that I had

28:09

in my mind . I did learn

28:11

this fastness , this

28:13

pace , from working in other

28:15

places , but this is not the idea that I

28:17

want for Motivational Dentistry , our

28:19

company . I don't want that for us

28:21

. I want us to be more relaxed , fivestar

28:24

service , customer service , luxury

28:27

, exquisite and treating people right , without

28:30

feeling like I have to do

28:32

what the insurance company says do ? I

28:34

don't want that . That's not autonomy , that's

28:37

more like , you know , being

28:39

a slave to a system . Okay , so

28:41

when you know your work , you'll say you know what . I don't

28:43

want to go and lay down

28:45

with the insurance companies . I want to be straight up

28:47

. I know my word . This this is what is worth

28:49

. The cost is the cost

28:52

. I can't suffer trying

28:55

to do it the way other people

28:57

did it . What is our value

28:59

? What are our goals ? What

29:02

is the mission that we're trying to accomplish here

29:04

? How do I want this to look ? What do we want

29:06

to do ? How can we create

29:08

economic value ? That's

29:11

the thing you want to create economic value

29:13

so that you can continue growing

29:16

, so that you can have a better lifestyle and

29:18

really change the trajectory

29:21

of your life . It's not going to happen

29:23

overnight , guys . It's just not going

29:25

to happen overnight . It's

29:28

not gonna happen overnight , guys . It's just not gonna happen

29:30

overnight . Worship journey for me to now . I'm still going . I'm

29:32

still in the mud . I'll be honest

29:34

, I'm still in the mud . I'm still trying

29:36

to figure it out , but one thing I refuse

29:38

to do is quit . So the

29:41

moral of the story do not

29:43

quit if you are entrepreneur

29:46

out there . Take it a day at a time

29:48

. Learn your key performance indicators

29:51

, learn the numbers , learn

29:53

some accounting , Do the math

29:55

and just continue to develop

29:58

your ideas . Continue to come

30:00

up with systems and strategies and

30:03

new ways to make everything

30:05

that you're doing pop . One

30:08

thing we have to get out is the , the

30:11

expectations that it's going to be perfect

30:13

, expectations that you're going to make a million dollars

30:15

in the first week first year . These

30:18

things are very , very rare . You have to

30:20

just keep going , keep

30:22

your head down and stay focused . This

30:24

has been like a little glimpse into my

30:26

journey as an entrepreneur

30:29

, like an official entrepreneur

30:31

in my career . Of

30:33

course , I've sold stuff done

30:35

here , um , in the past

30:37

I did a lot of

30:39

different things in the past to make money , but

30:41

it really wasn't career

30:44

focused . It was more like to make money so

30:46

I can get to my career . Now I'm

30:48

in this career trying

30:50

to see the light on the other side

30:52

of it being an entrepreneur , knowing

30:54

all the risks , knowing that I could fail

30:57

every day . Guys , I could actually literally

30:59

fail with this business

31:01

. This is like a moment of transparency

31:04

. Every day I'm

31:06

just like wow , I don't know if

31:08

this is gonna fail . I don't

31:10

know . And I had a conversation with a family

31:12

member and they told me well , if it fell , you could just go work

31:14

for somebody else . And I I'm like God

31:17

, please don't make this fail , because that ain't

31:19

the type of energy I want . I don't want

31:21

to hear , oh , if it fell , then you

31:23

could just go back and no , no , no , no , no . That's

31:25

why everybody is different . I don't want it to

31:27

fail . I'm

31:38

praying and praying every day and doing the hard work , of course

31:41

, and just trying to figure everything out um , because there's so many

31:43

levels to this , like um , overhead , marketing , team building

31:45

, hiring , hr . Like osha

31:48

, hipa , state

31:50

compliance , workers

31:52

comp , safety , um

31:55

, keeping the lights on the water

31:58

, the equipment , the supplies

32:00

dealing with patients , prescriptions , pharmacies

32:03

, referrals . It just goes

32:05

like so , so , so

32:07

, so deep . And I know that

32:10

God prepared me for this moment

32:12

. God prepared you for

32:14

this moment . God prepared you

32:16

to receive this energy , to

32:19

receive this positive vibes , to

32:21

use this as a sign to

32:23

just keep going

32:25

or if you haven't started , you

32:27

need to start . You need to start . You

32:30

can't fail , you need to start

32:32

. Create that economic

32:34

value in your life . Break those

32:37

generational curses because they are

32:39

. They have like a big , they have

32:41

you in the death grip . You

32:43

can't , you feel like you can't get out . It's

32:45

all a lie . Today is

32:47

the day you break that generational curse mentally

32:50

. It all starts mentally , not physically

32:52

. Don't worry about the things that you can't

32:54

have or the things that you don't have

32:56

, the things that you can't see . The things that

32:58

you want are the things that you need that

33:00

you don't have . Break that generational

33:03

curse first , mentally

33:06

. That's the biggest battle is just believing

33:09

in yourself . Once you believe in

33:11

yourself and once you know that , regardless

33:13

of what the outside people say , regardless

33:15

of what the haters say , regardless of what the naysayers

33:18

say , I'm gonna believe in myself

33:20

and give it my all and be the best that

33:22

I can be . Listen

33:24

, nothing can stop

33:26

you . I mean , tell me who can stop you . Tell

33:28

me who can stop somebody who is on a mission

33:31

to accomplish their goals , start

33:33

their business . Take it a day

33:35

at a time . Go hard every day and

33:38

not give up when things don't go according

33:41

to your plan , okay . So

33:43

we're going to break those generational curses

33:45

, we're going to create that generational wealth

33:47

and that economic value

33:49

and we are building

33:52

generational knowledge , all

33:54

right . So , you

33:56

guys , until the next

33:58

podcast , it's been great chatting

34:01

with you all about entrepreneurship

34:04

. I hope that you stay motivated . I

34:06

hope that you stay focused . I hope

34:08

that you just rise above all

34:10

the obstacles and all the BS that

34:12

life dish when you were born . I

34:15

hope that you overcome all of that . Get

34:17

rid of anything in your life that

34:20

has been holding you back

34:22

. All right , all

34:24

aboard the Hood to

34:27

Hooded Express . Baby , we

34:30

are going somewhere we like flying

34:34

All right . We flying where

34:43

we like flying all right , we flying . Let me be your . Let me be like the

34:45

example for you that you can overcome anything

34:47

. You can overcome anything . You can overcome anything

34:50

. What's your problem

34:53

? Tell me what it is , write it down

34:55

on paper . You can overcome that . I

34:57

don't care what it is . You can overcome it

34:59

. But you got to be mentally there

35:01

. You got to be mentally prepared . You got to be mentally

35:03

ready . You can't wake up with the excuses

35:05

, so I blame other people . Get your

35:08

together . Okay , get

35:10

it together . It's time to get it together

35:12

. It's time to live your best life . It's time

35:14

to be happy . It's time . It's

35:17

time to stand on business . It's

35:21

time to stand on business , y'all . Don't

35:29

play with it . Don't play with

35:31

it , especially the way this economy is going . Don't

35:38

play with it , don't play with it . But that's enough for this podcast

35:40

. I will see y'all in the next podcast . This is Dr Shon , the Motivational

35:42

Dentist baby , and I'm

35:44

living unapologetically , dreaming

35:46

unapologetically and just doing

35:48

what I want to do every day

35:50

to continue to pursue

35:52

my purpose . And I see you guys , positive

35:55

vibes , wherever you are . If

35:58

you made it to the end of this podcast

36:00

, I thank you . Please , please

36:03

, go ahead and rate

36:05

our podcast five stars . Give

36:08

me five stars wherever . That's the free

36:10

thing that you can do . And if you really really

36:12

love it , want to see me put out more content faster

36:14

well , not faster , but with quality

36:16

, go ahead and be a subscriber

36:19

. It's only three dollars per month

36:21

. And if you can't do that , just

36:23

share the love , just share

36:25

the podcast . Leave some comments

36:28

. Let me know what you want to hear in that

36:30

in the next podcast that can help

36:32

us grow from hood

36:34

to hooded . Alright

36:36

, it's been a pleasure . I'm

36:39

going to get off of here and I will

36:41

see y'all in the next episode . Peace

36:47

and you . You

36:49

got this , you

36:51

got this !

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features