05 | Greater Community - one killer stat: 75-90% of $5M+ households are entrepreneurs
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You already know plenty of people. This episode is about turning the right few into a community that multiplies everything you have built.
Dan Sullivan is blunt about what community is not. Not more networking. Not a product or a calendar of events. It is like-minded people, organized around a shared purpose and a common language, who have each earned their place.
John J. Bowen Jr. and Dan Sullivan trace it through the research and the stories: the 78.2% of top entrepreneurs who lead a high-level community, Dale Wills growing from $4 million to $40 million by partnering with banks in the 2008 downturn, and Joe Polish, the connector with equity in 35 companies. Then the shift most advisors miss, from collecting referrals to becoming the convener clients call first.
If your clients are still solving everything alone, listen now.
Timestamped Highlights00:03:52 Why the two OGs of entrepreneur coaching built communities instead of client lists
00:05:33 The 19-out-of-20 habit that quietly caps most entrepreneurs
00:06:54 The handshake at CoachCon that became a 25-year research deal
00:07:36 How 100x became easier than 2x in about two years
00:10:22 The one thing that actually holds a community together, and it is not events
00:12:35 Why 75% of $5 million households, and 90% above $25 million, look the same
00:13:02 The uncomfortable truth about how the wealthiest families are served
00:15:25 The 78.2% number behind the entrepreneurs who multiply
00:16:40 What Jeff Bezos said to the person who claimed you cannot earn a billion
00:19:13 A 60-question assessment that shows exactly where you sit in the Greater Game
00:24:26 How one founder turned a recession into $4 million to $40 million
00:27:31 The connector with equity in 35 companies, and how he picks them
00:29:47 The ceiling that only a change in thinking can break
00:30:44 The 4-part map for becoming the advisor clients convene around
Mentioned ResourcesThe Greater Game
The Greater Game Dashboard
Strategic Coach
Genius Network
Important LinksConnect with John: Website | LinkedIn
Read John in Financial Advisor Magazine: FA Mag author page
Explore CEG Worldwide programs: Programs for Financial Advisors
See advisor success stories: Success Stories
CEG research: CEG Insights
Subscribe on YouTube: CEG Advisor Coach
Get the book: The Greater Game
The Advisor Architect is an original production hosted by John J. Bowen Jr. Brought to you by CEG Worldwide, in partnership with Financial Advisor Magazine. Production and editing by Podcast Your Brand.