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Daniel Prosser left Minnesota in 1983 as a young, successful entrepreneur, on to investigate his next venture in Houston, Texas. He continued to startup and sell ventures; a restless serial entreprenuer, eventually returning to, in his words, ‘an amazing state,’ Minnesota. The common theme in each venture he started was a concept that every leader needs to know. Podcast Download
I am tempted to tell you what the concept is, but, no. It would be like telling you the end of a well told story. I don’t want you mad at me! When you listen, you will know exactly what I’m talking about. Enjoy discovering the answer and Dan’s insightful self-knowledge.
Mentoring Tips for Listeners
Answer the following questions after you listen:
- Buy and read Daniel Prosser’s book, Thirteeners: Why Only 13% of Companies Successfully Execute Their Strategy- And How Yours Can Be One of Them (2015). You can get a 20% discount from Amazon if you order on my website homepage, www.wementor.com.
- What is the concept every leader needs to know?
Is this concept related to how Dan would find his next venture?
How can this concept help you in your life? - What was Dan’s first entrepreneurial lesson he learned at age 26?
- What was in Dan’s upbringing that could have led to him and his four younger siblings becoming entrepreneurs?
- How many ventures did Dan talk about? In what industries?
- What is factoring?
- How did Dan use factoring in his temporary staffing business?
- What was the government tax credit windfall the Carter Administration proposed in 1978 to boost the economy? How did Dan’s business profit? (check out the 1978 Tax Reduction and Reform Message President Jimmy Carter Presented to Congress)
Every Leader Needs to Know This Concept, Episode 87 www.theceoblueprint.com
Resources
Dan Prosser and Scott Plum CEO Blueprint News
Tax Reduction and Reform Message to Congress. January 20, 1978 (inauguration day)
- Jimmy Carter wrote, “To the Congress of the United States: I recommend that Congress enact a series of proposals that will reform our tax system and provide $25 billion in net tax reductions for individuals and businesses.
o Fundamental reform of our tax laws is essential and should begin now. Tax relief and the maintenance of a strong economy are essential as well. The enactment of these proposals will constitute a major step towards sustaining our economic recovery and making our tax system fairer and simpler. - THE NEED FOR TAX REDUCTION
I propose net tax reductions consisting of:
—$17 billion in net income tax cuts for individuals, through across-the-board rate reductions and a new personal credit, focused primarily on low and middle-income taxpayers.
—$6 billion in net income tax cuts for small and large corporations, through reductions in the corporate tax rates and extensions of the investment tax credit.
—$2 billion for elimination of the excise tax on telephone calls and a reduction in the payroll tax for unemployment insurance.“
Jimmy Carter, 39th President of the United States (1978-1981), sought to make the government competent and compassionate amidst an economic crisis that produced rising energy prices and stagflation (inflation high, economic growth rates slow, and high unemployment).
Podcast Guest Mentor
Daniel Prosser. For more than 45 years, Dan Prosser has been a successful entrepreneur, CEO mentor and coach, team educator, software developer, speaker, and author. His work with clients has created Fortuned 500/5000 Fastest Growing, and Best Place to Work companies.
Dan has served as chief strategist on board of directors for non-profits. His independent research into Best Place to Work companies has uncovered a unique understanding of the distinctions that exist within these exceptional workplaces-distinctions that make them achieve 2-3 times the growth of non-best companies.
In 2015 he published his book, Thirteeners: Why Only 13% of Companies Successfully Execute Their Strategy- And How Yours Can Be One of Them. Dan has lived in Silverthorne, Colorado, in the heart and soul of the Rocky Mountains and Houston, Texas, and recently has moved back to Minnesota.
Episode 87: Every Leader Needs to Know This Concept
Author: Nancy A. Meyer, M.A.
Nancy A. Meyer, M.A., is a seasoned entrepreneurial leader, business and life mentor/coach/teacher, podcaster, author, and certified mindfulness yoga and meditation integrator (she integrates those skill sets into everything). Nancy’s compassionate and collaborative approach reinforces resilience while maintaining accountable conversations supporting how you redefine your lead while redesigning your business. Nancy calls this “Dual Innovation Leadership.” Nancy founded WeMentor, inc. in 1992 to change the leadership in our country by providing emerging and existing business owners with mentoring in Dual Innovation Leadership. She has mentored thousands and is eager to work with you! Assert self-leadership and get started today! Clients say, “Nancy is a compelling, engaging, and ‘decipher the trees from the forest’ kind of mentor, speaker, and leader. A dedicated entrepreneurial leader and mentor who role models what she preaches. Her style and candor enrich the content she delivers and the results clients experience.” Nancy accepts people where they are while inspiring them to breakthrough into new dimensions: As an Entrepreneurial Leader (Innovator), As a Competent Business Owner (Practitioner) As a Mentor (Role Model) As a Spiritual Being and Self-Leadership Master! Start by subscribing to WeMentor Mondays with Nancy PODCAST. Join your peers and...
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