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Digital Social Hour

Why Most Entrepreneurs Fail (And How to Succeed) | Dean Graziosi DSH #1350

Tue, 22 Apr 2025

Description

Why do most entrepreneurs fail, and what’s the secret to success? 🤔 Join Sean Kelly on the Digital Social Hour podcast as he sits down with the legendary Dean Graziosi to unpack the mindset, resilience, and strategies behind thriving in business. 🚀 In this episode, Dean opens up about overcoming childhood challenges, the importance of finding purpose, and how to align your passion with success. From sharing personal stories of struggle to revealing why 80% of solopreneurs fail, this conversation is packed with valuable insights you won’t want to miss. 💡 Discover how Dean built a life of impact and fulfillment, the lessons he learned from icons like Tony Robbins, and the role of personal development in achieving your dreams. 🌟 Plus, hear his take on AI, innovation, and why NOW is the greatest time to start your business. Tune in now to learn how to stay hungry, avoid common pitfalls, and craft a compelling future that keeps you motivated every single day. Don’t miss out—watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🎙️✨ #DigitalSocialHour #SeanKelly #DeanGraziosi #Entrepreneurship #Podcast #ApplePodcasts #Spotify #Success #Motivation #PersonalDevelopment #OvercomingChallenges CHAPTERS: 00:00 - Intro 00:33 - How Money Affects Your Life 06:32 - Facing Your Demons 11:04 - Identity and Money Connection 13:05 - Dean's Event Success with 2.5M Attendees 15:44 - Industry Distrust Issues 16:53 - Balancing Multiple Companies 17:30 - Exponential Internet Growth 19:26 - Best Time in History to Start a Business 20:26 - Reasons 80% of Businesses Fail 20:58 - Guided Business Development Strategies 22:48 - Learning from Others' Experiences 23:45 - Dean’s Encounter with Richard Branson 26:30 - Richard Branson's Encouragement to Go All In 28:48 - Meeting Tony Robbins 30:34 - Collaborating with Tony Robbins on Mastermind 32:04 - Finding the Right Business Partner 34:23 - The Importance of Not Keeping Score 37:18 - The Power of Giving Love 42:42 - Mental Health Awareness 46:29 - Innovation as a Solution 49:30 - Hard Work Now for Future Ease 53:53 - Where to Connect with Dean 54:10 - Why Everyone Should Embrace Entrepreneurship 54:20 - Outro APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUEST: Dean Graziosi https://www.instagram.com/deangraziosi/ https://thrive2025event.com/rsvp?source=digsocial&a=101612 LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ #mindsetmentor #jimrohn #businesscoach #tonyrobbinsmotivation #mentalhealth

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Chapter 1: Who are the main hosts and guest in this episode?

21.048 - 35.122 Host

No. All right, guys, got someone today I've watched for years now. Very excited for this one. We got Dean Graziosi. Thanks for coming on today, man. Good to be here, Sean. Yeah, you've been up to a lot lately. Still grinding.

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35.262 - 37.022 Host

Yeah, still love it. That's why.

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37.282 - 42.605 Host

Yeah, I could tell by the passion and all your webinars and everything, you're really teaching something that means a lot to you.

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42.905 - 60.915 Host

It does. It's kind of the thing you don't realize when you're younger, when you want to get ahead. Most of us are running away from something. We're running away from a childhood we don't like, running away from watching your parents maybe settle. or running away from the norm. You just don't want to live the normal path, right?

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And I think when you're running away from that, you're just looking for that opportunity, right? You're looking, I've got to find the hunger. You've got to find that opportunity. What can bring me the money, the freedom, right? And then there's a time where it shifts, where hopefully you get the money out of the way. At some point, we could talk about that.

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And when you do, then you realize how cool it would be to do something that I would do for free, but I love to do every day. And I think that's where the craft of your artistry or your craft really starts to hone in.

88.805 - 98.09 Host

Yeah. I love how you talk about money because I think over 50% of Americans live paycheck to paycheck, right? And you're basically saying that when you live that way, you can't operate like yourself.

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Yeah, you know, I mean, you think about it. I look at my parents, amazing. You know, they were married and divorced a lot, right? But at the kitchen table, I don't think they realized how much money was the conversation. My parents split when they were three, so it was two different tables. But always, you know, I shared this once with Lewis Howes, right?

118.622 - 134.479 Host

If I asked you about the oxygen in the room right now and said, have you thought about it? You're like, no, it's just abundant. It's everywhere. But if someone choked you, all you'd think about is oxygen. Mm-hmm. Same with money. You don't realize how sometimes money chokes our thoughts, our dreams, our goals.

Chapter 2: How does Dean Graziosi's childhood influence his entrepreneurial mindset?

559.036 - 578.951 Host

But if you don't look in the mirror, deep in the mirror and say, how do I solve some of those things that are driving me crazy? They're eventually going to come out. So I wish someone gave me the advice to say, start healing them now, not overnight. But start working on things that you align with. Find somebody in the personal growth world that you resonate with.

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Maybe you have somebody you follow that's making money and they're helping you with marketing and sales. Find someone else that helps heal your soul, heal your heart. And again, I think if someone told me that at 24, I'd be like, get out of my way. Come on. I don't like that foo-foo crap. Just tell me how to make the money. But I realized I could have had a more balanced journey.

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And then the other thing too is when you get that out of the way, Sean, you get to find real deep reasons why that drive you way more than money. Money, why do you, did you know that 80% of all entrepreneurs who start on their own, like solopreneurs, 80% who start a business within five years are out of business. Eight zero. 50% in the first year.

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I don't think it's a lack of, I don't think, I should say, I don't think it's a lack of capabilities. I don't think it's a lack of smarts. I don't think it's a lack of opportunities. It's a lack of hunger. It's a lack of focus. It's a lack of real deep purpose that you would die before you would give up on it, right?

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And I think that's why, though it might sound like it's, I don't need to work on that. I think we all do because you can find this balance that when things go wrong, you look at it differently. When things go wrong, you look at it as the wind behind your sail rather than the anchor that can hold you down.

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And it's just something I wish someone would have shaken me when I was a little younger and said, hey, hey, keep hustling. Don't slow down, but work on you at the same time.

658.342 - 661.765 Host

Yeah. Yeah. I feel like when you're really aligned with your purpose, it's way harder to fail.

662.145 - 662.385 Host

It is.

662.986 - 667.79 Host

It is. So hard. When you were first making money, was your identity tied to it, tied to money?

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