How to Know When You Are an Entrepreneur or a CEO?

1 year ago
16

Regina Gulbinas is a business scaling coach who has extensive experience in facilitating mastermind groups. In a recent interview on the Freedom Chasers podcast, she shared some of her insights into the world of business and leadership.
One of the most interesting stories that Regina shared was about a difficult experience with a client who had become angry and left an unpleasant message. She explained how she used emotional intelligence and personal power to navigate the situation and come out on top. Regina believes that building brand equity and credibility takes time and is based on consistently providing extraordinary value. When a leader establishes themselves as someone who treats others with kindness, respect, and love, people will understand that any harsh action taken by the person is called for.
Regina also emphasized the importance of speaking with certainty, removing ego from situations, and focusing on helping others. Weak leadership can lead to chaos within a community, so it is crucial to mark your territory and establish who is in charge. Furthermore, the importance of constantly refining and learning as a leader was highlighted, as good leaders are also good students. While many leaders in the Mastermind market have a good handle on things, there is always room for improvement.
Our interview highlighted the role of a visionary in a company and the importance of having a CEO to support the system and structure. Regina suggested that it is possible for a visionary to focus solely on generating ideas while a CEO implements them. She advised finding someone with complementary skills who is as hungry as you and attending events and networking to find potential candidates. Regina also noted that success depends not only on the quality of the idea but also on the ability to sell it. Lastly, she suggested that if the bills cannot be paid, it may be time to hang up the idea.
We continued with a discussion on the importance of immediate access to solutions and the value of time versus money when searching for knowledge or someone to solve a problem. Regina mentioned that CEOs often neglect the present while thinking too much about the future, and they may not understand the power of their numbers or how to lead teams effectively. She suggested taking time to hire top executives and not rushing into the process to avoid hiring the wrong person. However, if a highly recommended candidate with an outstanding resume and references shows up, it is okay to hire them on the spot.
Regina also shared her thoughts on turning around smaller and medium-sized businesses in a matter of months by increasing margins, firing clients, replacing employees, renegotiating debt, and shuffling things around. For startups, she suggested hiring as soon as possible and preselling products or services to fund operations and hire additional talent. Regina stressed that companies should scale profitability rather than chaos and grow smartly to avoid financial problems, bad payment terms, or negotiating unfavorable prices with suppliers. Thin ice can refer to thin margins, bad payment terms, unfavorable pricing with suppliers, or adding too many employees.
In closing, Regina talked about how she has shifted to working with more entrepreneurs in the online space but misses the caliber of conversations she used to have with CEOs. She emphasized that the main components of a business are people and money, and the conversations around infrastructure are generally the same. However, the biggest depth comes from the human aspect of a CEO's personal problems, which require a lot of compassion, humility, and passion to facilitate. Regina plans to get back into reorganizing and purchasing small businesses in the next 12 to 18 months.
Overall, Regina Gulbinas offers valuable insights and advice for leaders and entrepreneurs looking to build successful businesses. Her emphasis on emotional intelligence, personal power, and focusing on helping others is particularly noteworthy, as is her advice on scaling profitability rather than chaos. Whether you are a seasoned CEO or a startup founder, there is much to learn from Regina's experience and expertise.

Don't forget to reach out to Regina Gulbinas:
Website: https://www.reginagulbinas.com/
Facebook:https://www.facebook.com/ReginaGulbinasBusinessStrategist/
Instagram:https://www.instagram.com/regina_gulbinas/
Twitter: https://twitter.com/ReginaGulbinas

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