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#158 Become An Entrepreneur Without Quitting Your Job with Patrick J. McGinnis
Manage episode 433942824 series 3451542
In this episode of Millennial Mind I sit down with Patrick J. McGinnis, the originator of the term 'FOMO' (Fear of Missing Out).
Patrick shares his journey of coining 'FOMO' and discusses how it has evolved, particularly in the era of social media. The conversation then shifts to entrepreneurship, where Patrick introduces the concept of the '10% entrepreneur', detailing how individuals can invest their time, money, and expertise into entrepreneurial ventures without fully letting go of their day jobs. The discussion covers the importance of understanding business, knowing the people, adding value, and learning through experience. Patrick's insights provide a valuable blueprint for aspiring entrepreneurs on how to diversify their income streams and build wealth strategically.
00:00 Introduction to Millennial Mind
00:18 The Origin of FOMO
04:03 The Impact of FOMO and Social Media
06:28 Mental Health and FOMO
07:44 The Concept of JOMO
11:30 Comparison and Gratitude
16:29 FOMO in Business and Entrepreneurship
17:42 The 10 Percent Entrepreneur
26:53 Types of 10 Percent Entrepreneurs
28:44 Identifying Your Skills and Strengths
34:50 Leveraging Your Network for Opportunities
37:08 Crafting the Perfect Elevator Pitch
41:15 Evaluating Investment Opportunities
46:48 Balancing Multiple Ventures
48:44 The Importance of Patience and Partnership
51:37 Final Thoughts and Takeaways
Learn more about your ad choices. Visit megaphone.fm/adchoices
196 قسمت
Manage episode 433942824 series 3451542
In this episode of Millennial Mind I sit down with Patrick J. McGinnis, the originator of the term 'FOMO' (Fear of Missing Out).
Patrick shares his journey of coining 'FOMO' and discusses how it has evolved, particularly in the era of social media. The conversation then shifts to entrepreneurship, where Patrick introduces the concept of the '10% entrepreneur', detailing how individuals can invest their time, money, and expertise into entrepreneurial ventures without fully letting go of their day jobs. The discussion covers the importance of understanding business, knowing the people, adding value, and learning through experience. Patrick's insights provide a valuable blueprint for aspiring entrepreneurs on how to diversify their income streams and build wealth strategically.
00:00 Introduction to Millennial Mind
00:18 The Origin of FOMO
04:03 The Impact of FOMO and Social Media
06:28 Mental Health and FOMO
07:44 The Concept of JOMO
11:30 Comparison and Gratitude
16:29 FOMO in Business and Entrepreneurship
17:42 The 10 Percent Entrepreneur
26:53 Types of 10 Percent Entrepreneurs
28:44 Identifying Your Skills and Strengths
34:50 Leveraging Your Network for Opportunities
37:08 Crafting the Perfect Elevator Pitch
41:15 Evaluating Investment Opportunities
46:48 Balancing Multiple Ventures
48:44 The Importance of Patience and Partnership
51:37 Final Thoughts and Takeaways
Learn more about your ad choices. Visit megaphone.fm/adchoices
196 قسمت
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