What inspires an entrepreneurial journey?
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Very early on, Diess was inspired by his familiar ambitions. He would always share what he was doing because there was always a market for it.
Who is Ryan Diess?
He is the founder of digitalmarketer.com, a serial entrepreneur, and a father of four children. He is also a self-taught web designer.
What is digitalmarketer.com?
It’s a training website to train entrepreneurs and digital marketers how to be better in digital marketer. The inspiration of the website came from Diess' own experience.
How does having kids help as you build a business?
Diess stated that his first kid was a surprise to them, and this was when he first wanted to go all in with his company. Having kids became a key motivator for Diess to start up his business.
Should spouses work together when starting up a business?
Couples should have this conversation right off. For Diess and his wife, his wife didn’t want to work for him. One reason is that she didn't want to share his problems, because if they both were in a tough situation, who would they have to turn to?
What is one misfortune of having a child right when you start a business?
Diess admits that it’s unfortunate because he doesn’t have a lot of memories with his oldest daughter during her first few years of life. He was physically there, but not emotionally because he was focusing on his business.
What happens when you make a set work day schedule?
Diess states that everything he was spending on during a 16 hour work day on got done at his set time of 9-5 PM. Applying constraints changed drastically for him and his company.
Why are constraints a good thing to have?
For Diess, it was his ego that decided that he needed to work 16 hours a day to accomplish his daily goals. It took his wife talking to him for him to realize that he had to change his work schedule and focus more on his family.
What does it mean if you can’t complete tasks within an eight hour work day?
Diess states how that’s a substantial amount of time to get stuff done. If you can’t, that means something is wrong and it needs to change. It means that you’ve bitten off more than you can chew, your model is wrong. So, you will need to go back and re-evaluate and figure out your path.
What happens when you start to track your work time?
You begin to realize how inefficient you can be when you’re trying to extend hours and do other stuff. You do a better job when you track your time. It may be humiliating at first, but it turns out to be beneficial to do as a whole.
How do you know if you’re putting your family first?
You have to first ask yourself how you’re spending your money. The second thing is looking at your calendar and plan your year for family and business time.
What is something to not separate from your spouse?
Diess states that he doesn’t like having experiences separate from his wife— or family. The relationship with his wife is his most important one because the kids will later grow up and be on their own.
What should an entrepreneur and parent understand about family?
You have the role of being the spouse and you cannot neglect it because it will impact the kids. Making sure to have date nights and quantity time, not just quality. Diess emphasizes to not miss out on events.