166 Mark Monchek Growing A Business in the Age of Disruption
Mark Monchek
Mark Monchek is an author, speaker and thought leader. He’s found a way to thrive in the age of disruption incorporating a “Culture of Opportunity” and shares the secrets of identifying opportunities to build your business!
The Moment of Opportunity
2007 was the best year that the Opportunity Lab had enjoyed to date. Mark woke up one day to find out that one of his employees had stolen an incredible amount of money and if that wasn’t enough, the U.S. economy had started its tailspin.
“We are in a massive age of disruption.” – Mark Monchek
Mark began a dive into depression. He woke up in the hospital after nearly dying and he had one word on his mind, “gratitude”. It was at that very moment he wondered what the opportunity was for himself.
Discovering Opportunity for Others
The opportunity Mark realized in his “aha” moment led him to see this could be used by others for their own personal crisis. Millions of American’s were feeling the effects of the recession and Mark knew if he could share what he had learned, others too could benefit from recognizing their moments of opportunity.
“You have to be constatly caring about your customers AND your empoyess AND your community AND the environment…that’s what we call a culture of opportunity not just the shareholders of the company.” – Mark Monchek
It’s All About Perspective
Mark was watching huge companies like Blockbuster and Nokia and Circuit City going out of business or shrinking to a shell of their former self and wondered why this was happening.
He realized in that moment that it was all about how those companies viewed the economic crisis. Those that realized it as an opportunity, strived to be better companies for their customers and employees.
“Disruption: A constant change in your expectation of what you think is going to happen.” – Mark Monchek
The companies that are in fear and confusion are those looking to cut jobs and hold on and they are waiting for the crisis to end. Those companies that are in fear have a scarcity mindset whereas the opportunists have an expansion mindset.
To hear how you can create your own culture of opportunity from your mindset, download and listen to today’s episode with Mark Monchek. Connect with him through the links below. Remember to let Mark know you heard about him on Stop Riding the Pine!
Show Links for Mark Monchek:
- The Opportunity Lab
- Mark on Facebook
- Mark on Twitter
- Mark on LinkedIn
- Book Culture of Opportunity
- Email Mark
If you haven’t checked it out yet, listen to our previous episode with Akshay Nanavati Author, Speaker and Explorer. Don’t forget to leave a 5-star rating and review if you enjoyed the show. We would love to hear from you!
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About Jaime Jay
Meet Jaime Jay – a man who wears many hats, and wears them all admirably. He's a master connector, an entrepreneur extraordinaire, and a published author who knows how to get things done.
Before he found his way to the business world, Jaime served his country as a brave paratrooper in the U.S. Army. But that's just the beginning of his many accomplishments.
He's the founder of the renowned Bottleneck Distant Assistant Services firm, and his book "Quit Repeating Yourself" has become a must-read for entrepreneurs everywhere.
When he's not busy building his empire, you can find him on his beloved Harley Davidson, cruising through the countryside and taking in the invigorating effects of Uitwaaien – a Dutch practice that involves facing the wind to boost health and relieve stress.
He enjoys spending his free time outside building stuff with his wife, Nikita the dog and their two kittens (for now at least) Tommy and Tater.
He is ‘over-the-moon’ happily married to his wonderful wife Sara, his amazing daughter, Jessica, who is serving our country as a United States Army soldier. Jaime and Sara are the proud grand parents of two beautiful little girls.
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