Entrepreneurs Will Make Business Great Again – so What Are You Waiting For?

Have you thought about starting your own business? Entrepreneur and author Michael Sonnenfeldt had some encouraging advice for you on today’s show.

The economy is still upside-down with more businesses shuttering than new businesses starting, but every entrepreneur with a bright idea who is willing to put in the work can change that.

Founder and chair of the learning network TIGER 21, Sonnenfeldt recently published the book “Think Bigger: And 39 Other Winning Strategies from Successful Entrepreneurs.”

This article provided courtesy of TheBlaze.

DOC: Hi there. It's Doc Thompson in for Glenn. Regularly heard on TheBlaze Radio network. More information on me by going to TheBlazeRadio.com. Throughout my morning broadcast, we have a couple running themes, and things we like to do. And one of them is to promote America and the idea of entrepreneurship, day in and day out. It's been one of the keys to America's success. And I think it's also one of the keys to returning America to some of the past glory we've had. Some of the economic success. If you've paid attention and looked at studies over the last 20, 30 years, our level of freedom has dropped. Our economic power has dropped.

Our educational standards have dropped. And they continue to. Now, we had built up so much steam in the previous couple of hundred years, that we had a long way to drop. And some of these categories, we still are competitive.

But it's going to keep dropping, unless we do something.

Dance with the one that brung you. And what brought us to where we are is freedom. Free markets. Entrepreneurship.

Something that we have boiled down to the entrepreneurial spirit, dreaming and doing.

Lots of people dream. You probably dream every day. You drive down the street and you're like, you know, I've always wanted to open that hot dog stand. I've always wanted to go and do this. I've always wanted to start that company that does this. And you don't do it.

But for some, they're actually driven, obsessed, passionate about something, where that idea grows and grows. That they just have to act on it. And they do.

Many times, failing. You know the stories of people like Milton Hershey, who start company after company after company, before they started. You know the story, Edison and the lightbulb, trying 5,000 times before he found the right filament for the incandescent lightbulb, or whatever the reason, they're just driven to do.

We need to teach that. We need to grow that. We need to understand it. So how can I help you? Well, one of the biggest challenges we face when starting a company, even if it's just a side business to supplement your business for your family, is marketing. Is promotion.

How do you get attention without having millions of dollars to advertise and cut through? Well, once you get some attention, a little bit of the word out there, you know, it can grow. Word of mouth. It's such a good idea, product, or idea or service, that it can grow.

Well, how do you start? Well, social media, great. There's a million other people trying as well.

Well, on our morning broadcast, we offer people some free airtime. Free. Just to promote their products. We call it Building America.

In fact, if you go on Twitter and look up the #buildingAmerica, you can go back and find great products and services.

Sometimes, those people have such success, they end up becoming advertisers on our program. Sometimes they don't. But we try to help them.

And along the way, our listeners get some good content. They get to hear about good products and services. They hopefully get to hear about companies and a good story about how they started.

I mean, how many movies have been made about people who started companies and -- and musicians and actors, and how they made it, and their climb and rise to fame. Well, you get a good story along the way and hopefully some inspiration.

We are just days away from Black Friday, one of the biggest capitalist days of the year in America, where everybody runs out, their retailers and start buying things. And then cyber Monday, a little under a week from now. We're at the time of year where a lot of people in the retail world make their money. It sets them up for the next year, or don't.

So this Friday, as I fill in on the Glenn Beck Program, as I've done in the last couple of years, I'm going to extend my Building America idea for my morning broadcast, and I'm going to offer you free airtime on Glenn Beck's program, as long as he doesn't stop me.

And as far as I know, he's held up in a bunker somewhere right now, roasting a turkey. As long as he doesn't stop me, I'm going to give away free commercials on this program, and all you have to do is call up Friday morning, and I'll give you 60 seconds to promote your business.

Now, if you don't get through, still use the #buildingAmerica, and tell us about your business, products, or services. And if you hear good stuff and you don't remember, look it up, #buildingAmerica. That's my commitment to you. How can I help you promote your business? How can we together grow America and again become leaders in the world of development, entrepreneurs, and just fostering good ideas?

Joining me now is Michael Sonnenfeldt, author of Think Bigger and Thirty-Nine Other Winning Strategies From Successful Entrepreneurs. He's also the founder of TIGER 21 Investment Group.

Hi, Michael, how are you, sir?

MICHAEL: Great. Thanks for having me, Doc.

DOC: I enjoyed having you so much on my morning broadcast a few months back. I'm like, I've got to get you on this week as we start talking about entrepreneurs. I don't know if you could hear me discussing just now before I -- before I went to you, the idea of entrepreneurship. And it's just so lost in America now.

MICHAEL: Yeah. You know, there's an interesting study of all-time low rates of formation between 25 and 30-year-olds of entrepreneurship. And in the last five years, we had three years where business deaths exceeded business births. And the one that's most interesting is the average new company today employs 25 percent fewer people than a new company did a decade ago. That may be because of technology, but it all leads to the crisis that we're having in creating working and middle class jobs that we so desperately want.

DOC: You know, it's funny too, we look around and see all the other problems, whether it's crime or shiplessness, or whatever it is. You know, one of the things that gets you out of that is when you have something you can feel passionate about. When you have a reason to get up in the morning. So you have this idea, and you start that cookie company or whatever it is. If you're young, I don't even think they get the joy that can come out of creating something.

MICHAEL: Yeah, it's so interesting. Because, you know, we're facing a crisis that's unique in human history. Some people believe that technology is now advancing so that for the first time, 20 percent of everybody might be able to build everything that's needed for 100 percent. What are we going to do with the other 80 percent of people?

And we have this middle class and working class problem. We have low unemployment. But we have even low rates of participation. So the low unemployment masks it. And the problem isn't China or India or Mexico. It's computerization. Automation. Artificial intelligence.

And these are really where the job stresses are. Take Amazon. Fantastic company. Puts a shopping center on everybody's desk. But 46 percent of retail jobs have disappeared in the last decade. And we have automation coming with cars and autonomous driving. And with all of these changes, the only thing that's going to save us is entrepreneurs creating new and exciting companies that employ the next generation of working and middle class folks.

DOC: Yeah. And it's not just the company. It's creating, you know -- from ideas, products or, you know, that eventually may be gobbled up by the big guys or done more efficiently. But it is about ideas.

That's one of the things that makes us human is thinking and then dreaming and then sharing.

MICHAEL: Yeah. In fact, one of the things that's most concerning for me is there's a proposal called universal income. The idea is if technology is taking all the jobs, maybe we should pay people just to do nothing. And I can't think of a worse program, precisely because of what you're talking about. People want to work. They want to be productive. And they want to have a society in which they can be productive. The last thing I want to do is give people money not to work. Use all those dollars, if they're going to be spent on creating great jobs and infrastructure in our country. But don't pay people not to work.

DOC: No, it doesn't work. Trust me, I have members of my family and some of my producers I pay, and they do nothing, and it's a failed process.

KRIS: Excuse me.

DOC: Look, they do very little.

So, Michael, how do we, first of all, inspire? I think telling stories helps. But how do we inspire? What would some of these successful entrepreneurs say?

MICHAEL: You know, first of all, successful entrepreneurs -- the title of the book Think Bigger -- comes because the great entrepreneurs just naturally constantly think bigger. They go from one falling ladder to the next. They have this grit that keeps them going.

So part of it is personality. And one of the things I just want to stress is not everybody is cut out to be an entrepreneur. You have to have a certain kind of fortitude. And if your career anchor is security, you probably shouldn't be an entrepreneur, because there's a lot of risks.

But most entrepreneurs start a business because they have an idea for a product our a service. It's not just to make money. They're passionate about making a difference, about delivering something. Doing something better.

So I think coming up with these ideas, look around, everywhere you turn, you can do something better if you think about it and envision it. And sometimes we get confused. Because you mentioned Edison, but you could have said Apple.

DOC: Yeah.

MICHAEL: These are the inventory entrepreneurs, but not all businesses are inventor entrepreneurs. Take Five Guys hamburgers, 2500 franchises.

DOC: It's incredible.

MICHAEL: They just felt that they could make a better hamburger, that was the best quality. And they didn't want to focus on anything, but the food. So the stores are red and white tile. They spent the least amount of money possible, and put everything into making the best food and the best hamburger. And in poll after poll, they're voted, you know, best hamburger in the community.

DOC: They do great, yeah, they're good.

MICHAEL: So that's just one of thousands of stories of people who have these ideas. One of the stories I like is, in the book, I feature, Robert Oranger (phonetic), who is fascinated by diabetes and helping people with diabetes do better in their lives and lead normal lives. And lo and behold, in the weird irony of life, he has two kids who end up having diabetes, and now he's able to provide a life for his kids with better products and new innovations that give them a completely normal life. And they're doing great.

DOC: It's funny because I extend the entrepreneurial spirit even to things that aren't, you know, traditionally entrepreneurs. You think entrepreneurs meaning capital, free markets, you know, for profit. Even people that have ideas for nonprofits, it's -- you know, it still takes that passion, number one, or an idea, and then number two, that you actually step off a safe ground at some point and try it.

MICHAEL: You know, you're so write. One of the pleasures of having written Think Bigger, is that a lot of social entrepreneurs, that's who you're talking about, are reading it. And we found that it exhibits many of the same challenges when you're a social entrepreneur. You're starting with nothing. One way or another, you have to raise the capital.

You have to have an idea, and you have to throw it out into the competitive landscape. And you have to have people get by.

And whether you're, you know, running a community center or you have an idea to help people make -- get healthier or running a hospital or a for-profit business, you need many of the same skills that it takes to be successful.

DOC: And you've certainly had your share of businesses as well. Tell us about TIGER 21. What is that?

MICHAEL: Sure. TIGER 21 is the premier network, I think in the world today of first-generation wealth creators that have been enormously successful. So today we have 580 of the top entrepreneurs from across North America. We just opened in London. And our first meeting in Hong Kong is coming up this month. And these members join together in groups of 12 to 15, totally confidential settings. And these are people who are so successful, they're about one in 10,000, by -- by level of success.

And the group as a whole manages tens of billions of dollars of assets. We're not a manager. Each member manages their own assets. But when you sell your business and you now become a wealth preserver, that's a completely new challenge. An entrepreneur is totally different than an investor. Entrepreneurs milk one opportunity for everything it has. It's like their child. They don't want to give it up. An investor is dispassionate and has a price for everything they want to sell. And you could be a great investor and a lousy entrepreneur, or a great entrepreneur and a mediocre investor. And this is the place where we have a personal board of directors. And each member looks around the table to peers whose only objective is to help one another. It's totally confidential. People are totally vetted. We don't want any skunks in the room.

DOC: It's a great idea.

MICHAEL: And it's just magic what people can do when they're learning from one another and teaching what they know to one another.

DOC: It's a fantastic idea. I'll tweet out a link to it. It's TIGER21.com. And that's the number 21. Not spelled out. TIGER21.com. And I'll also tweet out a link to your Twitter account. It's MWSonnenfeldt, is that right?

MICHAEL: Exactly.

DOC: All right. Michael, thanks so much for joining us. Appreciate it.

MICHAEL: Thanks for having me. Have a great day.

DOC: Michael Sonnenfeldt, author of Thinker Bigger and Thirty-Nine Other Winning Strategies From Successful Entrepreneurs and also founder of TIGER 21.

Acclaimed environmentalist and author of "Apocalypse Never" Michael Shellenberger joined Glenn Beck on the radio program Wednesday to warn us about the true goals and effects of climate alarmism: It's become a "secular religion" that lowers standards of living in developed countries, holds developing countries back, and has environmental progress "exactly wrong."

Michael is a Time "Hero of the Environment," Green Book Award winner, and the founder and president of Environmental Progress. He has been called a "environmental guru," "climate guru," "North America's leading public intellectual on clean energy," and "high priest" of the environmental humanist movement for his writings and TED talks, which have been viewed more than 5 million times. But when Michael penned a stunning article in Forbes saying, "On Behalf of Environmentalists, I Apologize for the Climate Scare", the article was pulled just a few hours later. (Read more here.)

On the show, Micheal talked about how environmental alarmism has overtaken scientific fact, leading to a number of unfortunate consequences. He said one of the problems is that rich nations are blocking poor nations from being able to industrialize. Instead, they are seeking to make poverty sustainable, rather than to make poverty history.

"As a cultural anthropologist, I've been traveling to poorer countries and interviewing small farmers for over 30 years. And, obviously there are a lot of causes why countries are poor, but there's no reason we should be helping them to stay poor," Michael said. "A few years ago, there was a movement to make poverty history ... [but] it got taken over by the climate alarmist movement, which has been focused on depriving poor countries, not just of fossil fuels they need to develop, but also the large hydroelectric dams."

He offered the example of the Congo, one of the poorest countries in the world. The Congo has been denied the resources needed to build large hydroelectric dams, which are absolutely essential to pull people out of poverty. And one of the main groups preventing poor countries from the gaining financing they need to to build dams is based in Berkeley, California — a city that gets its electricity from hydroelectric dams.

"It's just unconscionable ... there are major groups, including the Sierra Club, that support efforts to deprive poor countries of energy. And, honestly, they've taken over the World Bank [which] used to fund the basics of development: roads, electricity, sewage systems, flood control, dams," Micheal said.

"Environmentalism, apocalyptic environmentalism in particular, has become the dominant religion of supposedly secular people in the West. So, you know, it's people at the United Nations. It's people that are in very powerful positions who are trying to impose 'nature's order' on societies," he continued. "And, of course, the problem is that nobody can figure out what nature is, and what it's not. That's not a particular good basis for organizing your economy."

Watch the video below to catch more of the conversation:

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Dr. Voddie Baucham, Dean of Theology at African Christian University in Lusaka, Zambia, joined Glenn Beck on the radio program to explain why he agrees with Vice President Mike Pence's refusal to say the phrase "Black Lives Matter."

Baucham, who recently drew national attention when his sermon titled "Ethnic Gnosticism" resurfaced online, said the phrase has been trademarked by a dangerous, violent, Marxist movement that doesn't care about black lives except to use them as political pawns.

"We have to separate this movement from the issues," Baucham warned. "I know that [Black Lives Matter] is a phrase that is part of an organization. It is a trademark phrase. And it's a phrase designed to use black people.

"That phrase dehumanizes black people, because it makes them pawns in a game that has nothing whatsoever to do with black people and their dignity. And has everything to do with a divisive agenda that is bigger than black people. That's why I'm not going to use that phrase, because I love black people. I love being black."

Baucham warned that Black Lives Matter -- a radical Marxist movement -- is using black people and communities to push a dangerous and divisive narrative. He encouraged Americans to educate themselves on the organization's agenda and belief statement.

"This movement is dangerous. This movement is vicious. And this movement uses black people," he emphasized. "And so if I'm really concerned about issues in the black community -- and I am -- then I have to refuse, and I have to repudiate that organization. Because they stand against that for which I am advocating."

Watch the video below to catch more of the conversation:

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To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

We're going to be doing an amazing broadcast on Thursday, July 2nd, and we will be broadcasting a really important moment. It is restoring truth. It is restoring our history. It is asking to you make a covenant with God. The covenant that was made by the Pilgrims. And it's giving you a road map of things that we can do, to be able to come back home, together.

All of us.

And it's never been more important. Join us live from the Standing Rock Ranch on Blaze TV, YouTube and Facebook at 8:00 p.m. Eastern time on Thursday July, 2nd and restore the hope in you.

Make sure you join us and use the hashtag and spread the word, fight the mob today and you'll save $20 on your year of subscription. We need you now more than ever.

RESTORING HOPE: Join Glenn live from Standing Rock Ranch to restore the American covenant youtu.be

On last week's Wednesday night special, Glenn Beck revealed where the Black Lives Matter organization really gets its funding, and the dark money trail leading to a cast of familiar characters. Shortly after the program aired, one of BLM's fiscal sponsors, Thousand Currents, took down its board of directors page, which featured one of these shady characters:

Ex-Marxist professor and author of "Beyond Woke," Michael Rectenwald, joined Glenn Beck on the TV show to fill us in on the suspicious change he discovered on the Thousand Currents webpage and the Communist terrorists who is now helping run the organization. (Fortunately, the internet is forever, so it is still possible to view the board of directors page by looking at a web archive from the WayBack Machine.)

Rectenwald revealed the shocking life history of Thousand Currents' vice chair of the board, Susan Rosenberg, who spent 16 years in federal prison for her part in a series of increasingly violent acts of terrorism, including bombing the U.S. Capitol building, bombing an FBI building, and targeting police for assassination.

"Their whole campaign was one of unbelievably vicious, murderous cop killings, assassinations, and bombings," explained Rectenwald of Rosenberg's terror group known as the May 19th Communist Organization or M19.

Watch the video below to catch more of the conversation:


Glenn's full investigation into the dark origins of the funding behind Black Lives Matter is available for BlazeTV subscribers. Not a subscriber? Use promo code GLENN to get $10 off your BlazeTV subscription or start your 30-day free trial today.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.