Lecture Notes: Interview with Successful Entrepreneur Paris Mian

Introduction

• The speaker addresses frequent inquiries about starting a successful business.
• Guest: Paris Mian, a serial entrepreneur with three businesses:
  • Body Clean Janitorial Services
  • Master Clean for You
  • Putty Coach (coaching business)
• Paris has transitioned from being an employee to a full-time business owner.

Paris Mian's Business Journey

• Initial Business: Started in 2009 during the economic recession.
  • Faced skepticism from peers about starting a business in a collapsing economy.
  • Experienced significant business growth (200%) during economic downturns.
• Key Lessons Learned:
  • Importance of mindset and maintaining a positive, growth-focused outlook.
  • Balancing business and personal life.
  • Handling challenges like cash flow and employee management.

Mindset and Growth

• Mindset: Critical factor in overcoming business challenges.
  • Reading and learning from books (e.g., Wayne Dyer).
  • Adopting a growth mindset as described in "Mindset" by Carol Dweck.
• Handling Audits and Challenges:
  • Personal anecdote of dealing with an EDD audit.
  • Importance of focusing on solutions and future growth rather than current challenges.

Secrets to Business Success

• Balance in Life:
  • Balancing financial success with personal well-being and relationships.
  • Core values like integrity, punctuality, and gratitude are essential.
• Business as a Reflection of Personal Life:
  • Disorder in personal life often reflects in business operations.
  • Applying core values across both personal and business spheres.

The Role of Coaching

• Coaching Business - Putty Coach:
  • Paris's passion for helping others and giving back through coaching.
  • Continuous self-improvement and learning for effective coaching.
  • Coaching as a means to positively impact lives.
• Future Aspirations:
  • Expand Party Coach workshops and retreats.
  • Achieve equal success between Body Clean and Master Clean businesses.

Tools for Balance and Clarity

• Wheel of Life:
  • Tool to identify imbalances in different life areas.
  • Helps in setting priorities and focusing efforts on areas needing improvement.
• Lifelong Learning:
  • Maintaining a mindset open to learning and adapting.

Conclusion

• Summary of Paris Mian's journey and insights into building a successful business.
• Emphasized the significance of mindset and continuous learning.
• Encouragement for aspiring business owners to reflect on their thought processes.