In this episode of The Million Dollar Podcast, host Ramneek Wayne speaks with Adam Long, founder of 'Conscious Step' and a prominent figure in the social impact space. Adam shares his journey from aspiring inventor to successful entrepreneur, discussing the importance of mentorship, the lessons learned from failure, and the significance of building businesses that create social value. He emphasises the need for strategic choices in entrepreneurship, the value of testing ideas before fully committing, and the role of social enterprises in making a positive impact. Adam also reflects on his experiences in various leadership roles and offers advice for aspiring entrepreneurs looking to navigate the startup landscape.

Our links: 

The Million Dollar Podcast Youtube - https://www.youtube.com/@TheMillionCo

Website  - https://ramneekwayne.com/

Ramneek's Socials: https://www.instagram.com/isitwayne/ & https://www.linkedin.com/in/ramneekwayne

Our Guests Links: 

Adams socials https://au.linkedin.com/in/ethicalceo

The Ethical CEO Website: https://www.theethicalceo.com/

🔖 entrepreneurship, social impact, mentorship, business strategy, failure, success, Conscious Step, Adam Long, influence, startups

Key Takeaways

• It's not gadgets that are changing the world, it's organisations.
• A role model is someone living the life you want to live.
• Strategy is about making choices and cutting off alternatives.
• Execution matters more than just having big ideas.
• Building capacity and skills is essential for long-term success.
• Testing and validating ideas is crucial before launching a business.
• Surround yourself with people who have more experience than you.
• Social enterprises can shape the world positively through business.
• The journey of entrepreneurship is filled with failures and learning opportunities.
• Focus on speed of growth rather than the size of the business.

Chapters

00:00 - Introduction to Adam Long and His Journey

02:49 - The Evolution of Influence and Role Models

06:13 - Learning from Failure: The First Business Experience

09:07 - Building Conscious Step: A Profit for Purpose Model

12:00 - Navigating the Startup Landscape: Insights and Strategies

15:04 - The Importance of Testing Ideas and Market Validation

17:51 - Social Impact and Mentorship: Adam's Contributions

21:10 - Challenges and Lessons Learned in Entrepreneurship

24:02 - Future Aspirations and Advice for Aspiring Entrepreneurs