Are you trying to identify MULTIPLE INCOME STREAMS ?? 😮 Then you don’t want to miss this episode wherewith we sit down with expert guest Sheldon Arnold, founder, and owner of Arnold Enterprises. Get the story, tips, and answers to your questions on our upcoming Creative Monday Discussion Season 4 Episode 2: Creating Multiple Income Streams!!!
Listen to the audio:
KEY POINTS FROM THIS EPISODE
- Where did it all start
- Lessons Sheldon learned from his first business.
- How Sheldon was able to afford things he wanted in high school
- The importance of feeding your thoughts
- Understanding communication
- Sheldon speaks on how a single business does not always pay for itself
- Recommendations for financing your business ventures.
- How Sheldon manages all his businesses
- Lessons on what sacrifice teaches
- What made the sacrifice worthwhile for Sheldon
- How Sheldon defines success
- Sheldon shares how he views failures
- How to identify a business opportunity
- Sheldon pledges to help other entrepreneurs.
TWEETABLE MOMENTS
“It is important to fill your mind with the things that you want to grow in.” — Sheldon Arnold [18:20-18:22]
“Son, I think two dollars might be a little too cheap.” — Sheldon Arnold [21:11 – 21:15]
“To really understand what communication is; you have to really connect with that person.”— Sheldon Arnold [24:55 – 25:02]
“What you have to be ready for is some level of sacrifice.”— Sheldon Arnold [30:13 – 30:18]
“Take something that you love and try to figure out how you’re going to market this product or service and make some money.” — Sheldon Arnold [31:35 – 31:43]
“It’s not a magic formula, but it’s more of a mindset.” — Sheldon Arnold [34:28 – 34:32]
“You need to understand that sometimes it just won’t work.” — Sheldon Arnold [39:05 – 39: 09]
“Save from your primary source of income, develop a nest egg that you can start small and then develop as you go along.”— Sheldon Arnold [41:39 – 41:44]
“Sacrifice means hours.” — Sheldon Arnold [43:33 – 43:35]
About Sheldon Arnold
Sheldon is a well experienced business owner with a history of working in various sectors of business. He currently is the co-owner of The Arnold Group Limited and Arnold Enterprises which houses a series of other small businesses which include a funeral home, sale of barbering supplies, trophies and awards supplies, cycling supplies and auctioneering services. Sheldon is also employed full-time as a senior general manager by a multinational company that offers vacation rentals in Belize.
Sheldon holds a Bachelor of Science in Business Administration and Management along with over twenty-five years of experience in business start-up and management. It is a combination of knowledge acquired, skills learned, support garnered, and experience that has allowed him to be able to identify new opportunities to generate income and nurture these opportunities into now successful small businesses.
