2 | Nicholas Steiner | Patience and Progress in Business

Million Dollar Flip Flops

In today's episode of Million Dollar Flip Flops, Rodric chats with Nicholas Steiner, founder of Back 2 Basics Golf, exploring the intricacies of entrepreneurship, strategic growth, and personal satisfaction in business. Nicholas shares his journey from growing a beloved scooter business that treated young clients as equals and garnered international fame, to a pivot that saw him fully embrace his passion for golf. His story is one of nurturing relationships and communities, both as a mentor to the next generation and through his business ventures. As someone who values the balance between work and personal life, Nicholas talks about his ambition not just to earn but to enrich his life and others' through his work and interests.

Nicholas's business acumen shines through as he discusses the challenges of scaling businesses and finding your niche, emphasizing the need for mentorship and specialized knowledge to progress from one revenue milestone to the next. He also highlights the importance of customer service and product availability, acknowledging that running out of primary products is a disservice to any business. His personal philosophy on business growth is about putting the right pieces in place now and understanding that fruition comes with time and patience.

Rodric and Nicholas also explore the nuances of life and business in Australia, contrasting it with Nicholas's roots in the Midwest of the United States. He muses on cultural differences, work ethics, and the formative decisions that drive an individual to forge their path. A recurring theme is the entrepreneurial lifestyle's lonely nature, counteracted by the value of a supportive network, which he dubs crucial for personal and professional growth. Through masterminds and daily incremental steps, Nicholas outlines a roadmap for listeners aspiring to carve out their success stories.

Enjoy!

What You Will Learn In This Episode:

• Moving from the US to Australia and the concept of strategy versus production.
• Nicholas's passion for starting a golf brand and working with professional golfers to grow the business.
• The cultural differences between the US and Australia where he is now, including language and spelling, and how he's adapted to life there.
• The importance of inventory control and patience in business, and why it's the biggest lesson Nicholas has learned.
• The importance of treating customers with care and respect, even if it means losing money on returns.
• And much more...

Resources:

Million Dollar Flip Flops

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