Ending Soon! Save 33% on All Access

The Number One Thing That Holds Entrepreneurs Back On this week's episode of "The Jeff Fenster Show," guest Dave Meltzer recounts his entrepreneurial journey, sharing the biggest hurdle that all founders must face.

By Jeff Fenster

Key Takeaways

  • From bankruptcy to redemption: gratitude, kaizen, and patience.
  • Overcoming fears and building relationships.
  • Aggregate, compound, accelerate.
  • The no. 1 thing that holds entrepreneurs back.

Opinions expressed by Entrepreneur contributors are their own.

On this episode of The Jeff Fenster Show, host Jeff Fenster speaks with entrepreneur, salesperson, and motivational speaker David Meltzer. With a remarkable journey that began with humble beginnings, Meltzer shares his insights and experiences, offering valuable lessons for aspiring entrepreneurs.

From Rags to Riches: A Desire for Success

David Meltzer's journey began with a burning desire for wealth, despite his challenging upbringing. His determination and entrepreneurial spirit propelled him forward, leading to various successful ventures. Meltzer's credibility lies in his extensive experience as a successful entrepreneur and his role as the CEO of Sports 1 Marketing. Meltzer states, "I always had this desire to be rich, and I knew that money would buy me the freedom and the things that I wanted in my life."

Related: Discover more great Entrepreneur Podcast Network shows

Understanding the Business Aspect Is Key to Success

Throughout his career, Meltzer emphasized the importance of understanding the business aspect of any venture. His credibility stems from his diverse experiences, including selling legal research online and running Samsung's phone division. Meltzer explains, "I learned that the key to success in any business is understanding the business of that business."

The Power of Core Values: Creating Desired Outcomes

Meltzer firmly believes in the power of core values and how they can shape one's journey to success. His credibility lies in his role as a motivational speaker and his work with Lee Steinberg's sports agency. Meltzer shares, "Core values are the foundation of creating the outcomes that we desire in our lives."

The Importance of Gratitude: A Path to Success

Meltzer highlights the significance of gratitude in achieving success. His credibility is established through his own experiences and his role as a motivational speaker. Meltzer states, "Gratitude is the most powerful emotion that we have. It allows us to find the light, the love, and the lessons in everything."

Trusting the Universe and Helping Others

Meltzer emphasizes the importance of trusting the universe and helping others along the way. His credibility stems from his successful career and his dedication to philanthropy. Meltzer explains, "When you trust the universe and you help as many people as you can, you'll be amazed at what comes back to you."

Prioritizing Health and Wellbeing for Success

Meltzer recognizes the significance of prioritizing one's health and well-being in order to achieve success. His credibility lies in his own journey and his commitment to personal growth. Meltzer shares, "If you don't take care of your health, you won't have the energy, the focus, or the clarity to achieve the success that you desire."

Grabbing Inspiration

David Meltzer's journey from a desire for wealth to achieving great success is an inspiration to aspiring entrepreneurs. His insights on understanding the business aspect, the power of core values, gratitude, trusting the universe, and prioritizing health and well-being provide valuable lessons for anyone on the path to success. With his credibility as a successful entrepreneur and motivational speaker, Meltzer's wisdom serves as a guiding light for those seeking to create their own success stories.

Subscribe to The Jeff Fenster Show: Entrepreneur | Apple | Spotify | Google | Stitcher

About The Jeff Fenster Show

Serial entrepreneur Jeff Fenster embarks on an extraordinary journey every week, delving into the stories of exceptional individuals who have defied the norms and blazed their own trails to achieve extraordinary success.

Jeff Fenster

Founder, Everbowl

Jeff Fenster is an award winning entrepreneur, best selling author, podcast host and expert in relationship capital.

His entrepreneurial success is vast - ranging from a quick serve restaurant chain, payroll and HR company, digital marketing agency and a construction company. But no matter what venture Jeff pursues, he lives by the principle of putting people first.

He was named a Empact100 Showcase Top 100 Entrepreneur in 2013, 2019's Top 40 Executive Under 40 by the San Diego Business Journal, and a Top Entrepreneur to Watch for 2020 by Thrive Global.

Jeff’s acclaimed podcast, The Jeff Fenster Show, features successful entrepreneurs, celebrities and athletes sharing their insights and stories of success. Today, Jeff speaks around the country on entrepreneurial mindset, authentic networking and vertical integration.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Jeff Fenster Show

Here's How to Write Your Own Formula for Success

Try This Breathwork Technique to Unlock New Ways of Problem-Solving

How His Experience As a Teenage Father Fueled His Drive to Become a Successful Entrepreneur and Help Others

Buying and Selling Tips From a Guy Who Has Helped People Flip Over $100 Million in Real Estate

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.