Defining the Sandbox - Alok Deshpande - Taking Flight: The Entrepreneur Journey Podcast - Episode # 020
Today’s guest is passionate about his work, he is an extraordinary consultant and a leader. Please welcome to the show Alok Deshpande, Co-founder & CEO of SmartPath, Inc. Alok joins host Sarah Tourville to share how he embarked on his entrepreneurial journey by being financially prepared. Learn with Sarah about balancing between maintaining your foundation, expanding into new markets, and keeping your company moving forward!
Takeaways:
- What Alok got right on his first flight into his entrepreneurial journey:
- Alok embarked on his entrepreneurial journey by being financially prepared. Recognizing the importance of personal finance education, he founded SmartPath. He extended this resource to his employees as an exclusive employee benefit.
- Alok began his journey with a classroom of merely six students. For hours on end, he taught about the principles of personal finance. Through this teaching experience, Alok not only enlightened his students but also enriched his understanding of the subject matter.
- Alok believes that a crucial strategy for success lies in cultivating financial adaptability within your company. This led him to engage his team in exercises that helped them recognize that financial freedom stems from a baseline. His approach not only helped companies with navigating through uncertain times but also heightened a sense of financial awareness within the organization. By establishing this, Alok amplified the importance of financial growth and success.
- Alok and his company recently faced a challenge: balance between maintaining their foundation, expanding into new markets, and to keep moving forward. His team studied the expansive market, gaining insights that opened up potential. With this newfound knowledge, his company has used these newly developed strategies to increase the company's growth.
- To become an exceptional entrepreneur, follow these principles:
- Overcommunicate your thoughts, ideas, and progress, you empower your team to navigate and embrace structure in your communication, ensuring that every detail is conveyed and understood.
- Be vigilant about the stories you tell yourself about clients, sales, and opportunities. Be cautious and authentic in the narratives you construct. Make informed decisions that align with your vision.
Quote of the Show:
- “What got us here, is not going to get us there.” - Alok Deshpande
Links:
- LinkedIn: https://www.linkedin.com/in/alokdeshpande/
- Company Website: https://www.joinsmartpath.com/
- Twitter: https://twitter.com/aloksmartpath
- Organization: https://www.eoatlanta.com/
Ways To Tune In:
- Stitcher: https://www.stitcher.com/show/1035225
- Spotify: https://open.spotify.com/show/4e67LgZSZ0Vc2anrFzN8A1
- Anchor: https://podcasters.spotify.com/pod/show/taking-flight-eo-atl/episodes/Defining-the-Sandbox---Alok-Deshpande---Taking-Flight-The-Entrepreneur-Journey-Podcast---Episode--02-e24u450
- YouTube: https://youtu.be/DpkJTM_V90Q
- Apple Podcast: https://podcasts.apple.com/us/podcast/taking-flight-eo-atlanta-podcast/id1652695640
- Amazon Music: https://music.amazon.com/podcasts/82088400-c5a3-413c-9692-4719c8f1fd67/taking-flight-eo-atlanta-podcast
Taking Flight: EO Atlanta is produced and sponsored by Ringmaster, on a mission to create connections through B2B podcasts. Learn more at https://ringmaster.com/
Creators and Guests
Host
Sarah Tourville
Sarah Tourville is the CEO and founder of Media Frenzy Global along with being the Communications Co-Board Chair of the Atlanta Chapter of the Entrepreneurs’ Organization and an Advisory Board Member of the Metro Atlanta Chamber.
