Episode 170: Failure is just part of the process, with David Covey.

Published: Feb. 12, 2016, 9 a.m.

David Covey is the 3rd son of Stephen R. Covey, author of the groundbreaking book, \u201cThe 7 Habits of Highly Effective People.\u201d David was the chief operating officer of FranklinCovey. He then left Franklin Covey to start his own company, now called SMCOV. SMCOV works with the best intellectual property content experts on the planet and helps distributes their content globally through licensees. David loves working with impactful IP and setting up distribution systems around the globe.

\nSecret \u2013 timesaving technique\n

David gets his email inbox empty at least once a week -- you've got to have a system. ONWARD!

\nDaily habit that contributes to success\n

Take the time to ask for help -- David prays and reads scripture every morning and night.

\nCould have ruined your business \u2013 but now \u2013 an invaluable learning experience\n

David faced tremendous challenges in starting over and beginning his business -- and David tells the whole story here.

\nMost critical skill you think business owners need to master to be successful\n

"Perseverance and focus."

\nMost influential lesson learned from a mentor\n

"My father was the most influential person in my life -- and I try to live the Seven Habits." \xa0

\nFinal Round \u2013 \u201cBreaking Down the Recipe for Success\u201d\nWhat systems would you go back and put into place sooner?\n

I would do a lot more trial and error and experimentation -- it takes a lot of time to get things right.

\nWhat one strategy or \u201crecipe\u201d would compound into big wins for business owners?\n

You need to create something unique.

\nHow to exceed expectations and add the most value?\n

An individual would be truly passionate.

\nWhat strategy would you recommend new business owners focus on to best ensure success?\n
    \n
  1. Make sure being an entrepreneur is the right fit for you emotionally
  2. \n
  3. Make sure you have a unique strategy
  4. \n
  5. Experimentation and failure is part of the process
  6. \n
\nHow best to connect with David:\n\n

\xa0 You can also find us here: ----- OnwardNation.com -----