In this insightful episode of the Inner Edison podcast, host Ed Parcaut sits down with Terry Fossum, an accomplished individual with a diverse background that spans from military service to motivational speaking and business coaching. Through their engaging conversation, Ed and Terry explore various themes around overcoming obstacles, veteran leadership in business, and the importance of continuous self-improvement.
Key Highlights:
- Overcoming Obstacles:
- Ed shares his experience with the challenges in the mortgage industry due to inflation and rising interest rates.
- Terry emphasizes the importance of learning from each failure as a stepping stone to success.
- Veteran Leadership:
- The discussion highlights the unique strengths veterans bring to business ownership and leadership roles.
- Insights into Ed’s other podcast, “Helping the Brave,” which focuses on veterans’ transitions to civilian life.
- Personal Growth and Motivation:
- Terry introduces the “Oxcart Technique,” a motivational method blending positive reinforcement and negative stimuli to drive action.
- The technique’s application extends beyond business to personal areas like marriage and health.
- Terry’s Background:
- Served as an executive officer for B52 bombers during the Cold War.
- Transitioned into network marketing, overcoming significant challenges to achieve top status.
- Ed’s Journey:
- Transitioned from a private individual to a public figure through his talk radio show and his book, “Financial Freedom, Building Personal Wealth, Room Ownership.”
- Discusses the value of listening and effective communication as a podcast host.
- Influences and Learning:
- Both Ed and Terry reflect on their influences from self-improvement icons like Tony Robbins and how they have applied those lessons in their lives.
- Importance of investing in oneself through books, seminars, and coaches.
Additional Insights:
- Terry Fossum shares how he has used his experiences to help others, including the creation of motivational content on YouTube and his active presence on social media.
- Ed discusses his involvement in a documentary focused on real estate finance, aiming to inform and help people achieve homeownership.
- Terry recounts his unexpected participation and success in a survival reality show, driven by his personal motivational techniques.
Contact and Resources:
- Terry’s Website: terrylfossum.com
- The Goal Secret: thegoalsecret.com
Join Ed Parcaut and Terry Fossum for an episode filled with profound insights on resilience, leadership, and the continuous journey of self-improvement. Listen now on your favorite podcast platform!