289 - Mentorship, Failures and Referral Strategies with April Garcia

Mentorship, recovering from failure and referral strategies are all topics that you’ll learn about in today’s episode of the Ultimate Entrepreneur. This episode is the best bits from Jay’s interview on the Pivot Me Podcast hosted by April Garcia. In this episode, Jay explains how having mentors from different industries established him as the expert he is today. You’ll hear from Jay the different ways you can exponentially grow your business with low-cost marketing strategies. Listen in to learn why having a referral generating strategy will help your business grow with high profits at a low cost. You will also learn the value of borrowing success approaches from other industries to increase your chances of experiencing exponential business growth.Timestamps:•0:20 – The importance of having business mentors to help grow yourself and your business.•3:05 – How Jay approached mentorship by serving business gurus in exchange for endorsements from them.•8:45 – Understanding what business owners are doing right and the different areas they’re failing.•11:10 – The 3 ways to grow your business by multiplying what you’re already doing.•15:45 – How to effectively utilize referrals as a low-cost high-value form of marketing.•18:10 – How to set up a referral generating strategy to help increase your profits at a very low cost.•20:00 – The value of borrowing success approaches from outside your industry to achieve exponential growth.•26:06 – How to experiment and test if your systems are working.