My Business Lost $7 Million In One Job: Here’s Why I’m Thankful | Ryan Schmitt



Chaz Wolfe & Ryan Schmitt – Gathering The Kings Podcast Ep. 451

My Business Lost $7 Million In One Job: Here’s Why I’m Thankful | Ryan Schmitt

Host Chaz Wolfe is joined by Ryan Schmitt to discuss the importance of creating win-win situations in business. Ryan shares his personal journey, including financial struggles, and emphasizes the value of a people-first approach. They also discuss strategies for managing stress, fostering company loyalty, and Ryan’s vision for the construction industry.

Key Points:

– Entrepreneurial success is heavily influenced by the strength of relationships and the support of colleagues, as demonstrated when Ryan Schmidt’s peers provided financial and emotional support during his company’s financial crisis.
– Ryan’s approach to business emphasizes a people-first philosophy, where engaging with and investing in employees’ personal development is pivotal for creating a resilient and thriving company culture.
– Community involvement, such as the Digger Day event, not only provides joy and support to children with cancer and their families but also fosters a sense of purpose and fulfillment within the company’s team.

Timestamps:

00:00 Introduction
1:36 Chaz welcomes Ryan to the King’s stage
6:21 Importance of win-win situations in business
9:40 Ryan’s struggle and financial difficulties in his business journey
28:49 Ryan’s business philosophy and the impact of a people-first approach
32:45 Strategies for dealing with stress and the value of relationships in business
33:03 Digger Day
36:13 Implementing a people-first approach: New hire orientation and company loyalty
39:16 Ryan’s vision for the construction industry and advice to his younger self
40:36 How to connect with Ryan
42:32 Invitation to join Gathering The Kings and vision for the community

Ryan’s story is a testament to the power of resilience, leadership, and community in overcoming adversity. Whether you’re a business owner facing tough times or someone looking to build grit, this conversation is packed with valuable lessons and inspiration.

Recommended Resources (Affiliate Links May Be Used):Gathering The Kings Full Library of recommendations:
https://www.amazon.com/shop/gatheringthekings/list/300QACPW0EMZ5?ref_=cm_sw_r_cp_ud_aipsflist_aipsfgatheringthekings_1C46721HEAM65EC1ENWD

Let’s Connect!
Ryan Schmitt:
https://www.linkedin.com/in/ryan-schmitt-14866587/
https://www.petticoatschmitt.com/
https://www.facebook.com/petticoatschmitt
https://www.instagram.com/petticoatschmitt/
https://www.youtube.com/channel/UCPPhiL7wjPWpFPH30VqMcbQ

Chaz Wolfe (Host):
Linktree: https://linktr.ee/chazwolfe
Website: www.gatheringthekings.com
Facebook: https://www.facebook.com/chazwolfe/
Facebook: https://www.facebook.com/gatheringthekings
Instagram: https://www.instagram.com/gatheringthekings/
LinkedIn: https://www.linkedin.com/in/chaz-wolfe-86767054/
Linkedin: https://www.linkedin.com/company/91415421/
TikTok: https://www.tiktok.com/@chazwolfe_kings
Youtube: https://youtube.com/@gatheringthekings

For more information on Gathering The Kings Peer to Peer Mastermind Group:
https://go.oncehub.com/TheExceptionalLife

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#business #podcast #entrepreneur #entrepreneurship

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