Ep. 007 – Marty Park on overcoming common mistakes as an entrepreneur, crafting elevator pitches and listening to understand.
“Limits are self-imposed.” -Marty Park
Entrepreneur: the first word that comes to mind when one gets the opportunity to meet Marty Park. Locally based here in Calgary, Marty has quite the impressive resume under him from his years of experience. Among other things, he is the recipient of The Business Coach of the Year Award (2003) for both Canada and the United States, The Mentor of the Year Award for Futurpreneur (2006) and has been listed under Calgary’s Top 40 Business Professionals under 40 list (2004).
Over the last 24 years Marty has owned and run 13 different companies, starting with his first when he was only 21 years old. Sitting down with Marty this week we got to pick his brain on what it was like for him to drop out of school with only one year left in his program, and pursue entrepreneurship for himself instead. He shared with us what his experiences have been like over the years with the multitude of different opportunities that he has been exposed to.
Today, Marty is the proud president and founder of Evolve Business Group, a company that focuses on coaching and training for companies that are looking to enhance their performance and business growth. From training the staff, to the proper implementation of strategies, Evolve aims to assist business owners and executives in reaching their business goals. We got the chance to ask Marty a myriad of questions surrounding entrepreneurship and what being a business owner really looks like for him. There was so much to learn from this one meeting alone and we hope you get as much value from this podcast as we did!
Topics Discussed Include:
- When did you first realize that you were an entrepreneur?
- How has taking risk in business changed for you now that you have a family?
- What are some of the greatest lessons that you have learnt over these past 20 years?
Question of the show: What are some mistakes you made that taught you a great lesson?
- How do you talk about what you do for a living? [02:40]
- What’s the difference between being in business and playing in business? [04:45]
- When did you feel like an actual entrepeneur? [08:00]
- How do you craft an elevator pitch? [11:30]
- The difference between values versus features and benefits [18:00]
- What are some of the biggest lessons you learnt as a entrepreneur? [20:10]
- How important is patience in business? [26:00]
- Marty on the value of documenting life [34:30]
- What are the common mistakes young entrepreneurs make? [43:30]
- How important are soft skills versus technical skills? [48:30]
- Marty on building awesome organizational cultures [1:01:30]
- What is Marty’s one truth? [1:12:00]
- Brene Brown
- Dale Carnegie
- Stephen Covey
- Anthony Robbins
- Mate Gabor
- Dr. Seuss
- Michael Gerber
- Jim Collins
- Verne Harnish
- How to Win Friends and Influence People
- 7 Habits of Highly Effective People
- Built to Last
- Scaling Up: How a Few Companies Make It…and Why the Rest Don’t
- Money: Master the Game
- Oh, The Places You’ll Go!