Transitioning from Corporate Life to Owning Your Business After 50 S6E3

When someone takes that leap into doing something for themselves, like you mentioned. That guy, You're sured. Now you're talking, what do they have to do with their mindset? You talked, you touched on the paradigm shift, because I'd love to do another session just on moving that paradigm from employee to entrepreneur.

Love it. That's what I've done for forty five years. With thirty years experience in autologistics and state of the art locations in five major strand cities. Precail Fleet Services are a premier all in one solutions provider for commercial vehicle fleet operators, leasing companies, and original equipment manufacturers.

Please visit precr dot com dot au and click on the link to fleet Services. Because I reckon because because what you've done, you've done it. I remember you telling me your story, and in many ways, that cident inspired me to do it because the sessions that we had pleas I was envious because I always used to be subconscious. I didn't realize I was.

I'd be sitting there would be appointing dealers, and dealers will be presenting their business plans. I thought I should be doing that, you know, But the difference is that they're risk takers. You were a huge risk taker. I remember you're telling me this story when you had this massive life changing event and you said, well, what can I do?

I could just collapse in the ap but no, I'm not going to do that. I'm going to be resilient and I'm going to go out and I'm going to start my own business. And you've been amazingly successful at it because it all came in to here where you started here with that resilient result. Because you talked about it before.

Women have very strong mental toughness. So how does a person who is thrust into that position, like our friend we're talking about before, how do they then go about getting their fitness level for mental toughness? What are they? What are.

Fitness getting fit for mental toughness? Because George, what are Because I worked for big corporate, then I started a small business. Then I went back to be a corporate, and now I'm back in small business. And I think what for me was like really interesting is when you're going to be corporate behind you, it's so easy to go out and see customers because you got to this massive brand and everybody treats you with respect in it.

But when you don't have that and you go out and see a customer, people aren't interested who you you know just and they treat you with disrespect. And the second part of that is when you're big corporate, if you need to get legal advice, you walk around the corner into your lawyer's office and you'll give you legal advice. Or if you need to get HI advice, you walk around the corner to your HR director's office and you get HR afiles. When you got your own business, you don't have any of these resources.

Then you have to say, well, do I go and get a lawyer's of us? But it's going to cost me this amount of money. Can I afford it or not? Or do I take the risk of undergo them?

That lie last minute that you just spoke, John implies that you've got to have enough working capital to work for a certain period of time. You see, so I put downe how many people into their own business. So the big part of it, Mark is self belief. You've got to reinvent yourself and you've got to have amazing self belief and your resilience again, but you've got to have a goal.

You've got to want to be something. You'll be all things to all people to be nothing to know it. So you've got to be wanting to be somebody. And I wanted to be the best corporate coach in Australia and I think I've achieved it absolutely.

Your your reputation in a number of industries, George. You know, your exposure on radio for those ten years, the books you've written, and the people that revere you as far as like John and myself, and there's countless others in the in the in the corporate world and in and in business that are fully aware of your skills and absolute respect you. And you mentioned before your global and recognition in China and in Germany, because I know the Germans are a big fans of you. Leave you with this thought about what you've just introduced.

Life wasn't a bowl of cherries for me, as you know. And when John Bertrand launched my autobiography, it's very funny what he said because he read the book and he was happy to write the forward and he said, you know, in introducing George to you tonight, he reminds me of a cockroach. You can't kill it. You'll get up you'll stand on him, you'll get up, You'll put him over here, You'll get up.

He said. So he's a human cockroach. And I mean that in a night. But yes, you've got to be that's a resilient the most resilient what would you call insect in the world.

I guess absolutely it is stepping out of corporate and going into business, because that is something that is something that I think it's I actually think it's more people's dream than what we actually think. I'll tell you what happens very quickly because we can get into that. But I've just helped my daughter, who's a doctor of psychology. I told you, but she was in a quandary about what to do.

She was just finished a project three years with the Royal Children's Hospital in charge of the corporate culture, and she finished that. She just started another one only three weeks ago. But I went through how to start your business. What you've got to think, like, you've got to have enormous self belief.

You've got to believe you can do it. You see, you've got to be totally focused. Give you an example of a snippet. Once I made a decision to start my own business, I stopped looking at the age employment section.

I stopped reading them. I actually turned them over. Now that takes a fair bit of discipline, I guess, And I gave this advice. I could interview my son in law who was a business analyst for Merrill Lynch and his dad was the CEO and all that.

When the GFC happened, he lost his job, so he sent out when I said, seventy five letters before, he sent out seventy odd letters to try and get a job. And I went down to see him and the grandkids one night one Sunday for dinner, and I said, how's a game, Shannon. He said, oh, I'm getting appointments and then I don't get anywhere everything you just said, And I said, you know what I do. I did this, Shannon.

I stopped sending out seventy letters to get jobs, and I sent out seventy letters once I knew what I was to get business, and in nine months I equaled my competitor's twelve years target. And he said, you're kidding, I said no. He now owns, with his friend whose children go to the same school, stamp Me, which is international loyalty company handling companies around the world to the point he can't handle it, and he's now choosing on who he wants. He started that in his second bedroom.

One of the things that you don't realize and you've learnt this, you two, I'm sure, is when you go out by yourself, people can't believe you've done it, and they wish they could do it, and they're envyou is all that you said? And you know what they say, isn't he amazing? They do this and say, you know what they want to do? This is weird, I had it happen.

They want to support you because you've had the courage and the guts and whatever your commitment to go out and take the calculated risk. They say, oh, by the way, George, listen, Colin with football club needs some would you like to? And it's amazing how it just goes. They admire people who take a risk like that.

But you also have people who want you to fail. Yeah, and I have one of them. I just put the blinkers on. It couldn't afford to take my eye off the ball, you.

See, John, You're right, that's an issue, and George's spot on with It's a niche. It's part of that fitness that you need to have is that you have the blinkers to block out the ones that want you to fail and focus on those that want that will help you succeed. There's a thing called I learned this from of all things, that speaker years in his gay called at synops the silent negative influence of other people. He had a little acronym for it.

And the way that you've just got to block them out. I mean, they don't they don't own you. Mark, You've hit the up. You've got to go to a gym.

On fitness for the Ryan. That's that's another podcast in itself. It is, it is, it is.