862: Groove: The World’s Fastest Growing CRM and Marketing Automation Platform with Mike Filsaime

When it comes to operating your business, one method to avoid internal conflict is to identify and simplify how various teams define success. You must assess how teams collaborate, processes operate, and data flows. Remove any barriers that are preventing you from getting things done. You should examine how you manage your firm and who is operating it.

Mike Filsaime is a legendary internet marketing expert with over 20 years of experience, currently the Co-Founder & CEO at Groove Digital, LLC. He has created numerous successful software platforms like WebinarJam, EverWebinar, and Kartra. Today, Mike talks about his journey from the car business to the world of online marketing and software development. He shares insights on common mistakes entrepreneurs make, the importance of focus and prioritization, and the lessons he learned from past business partnerships.

Quotes

“Fail quickly; you will learn more from your failures than from your education.” - Mike Filsaime

“Partnerships are like marriages. You can love someone, but things don't always work out.” - Mike Filsaime

“Follow your passion. Entrepreneurs take risks, but don't do anything reckless. Make sure you have your ducks lined up.” - Mike Filsaime

Takeaways

08:59 Embracing the imperfections of a new project and taking action is better than overthinking and delaying launch.

12:14 Prioritizing tasks and focusing on one project at a time is crucial for avoiding burnout and achieving success.

13:14 Failing quickly and learning from mistakes is more valuable than extensive education.

16:07 Carefully structuring business partnerships with clear contracts and shared vision is essential to avoid conflicts and ensure long-term success.

22:32 Having a clear contract in place for business partnerships can help resolve conflicts and make difficult decisions easier.

34:05 Pursuing your passion and taking calculated risks can lead to fulfilling entrepreneurial journeys.

Resources

Filed in: Archive 4: 2020-2023InterviewPodcast

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