In a recent interview, business expert JB Brown shared valuable insights on improving your business and mindset in 2023. In what began with a creative and unconventional entrepreneurial endeavor at age 13, Brown’s business journey led to him buying and selling 15 businesses across various industries to date, learning valuable lessons from both successes and failures. He believes in tuning out uncertainty and focusing on facts to find hidden opportunities, such as with the anticipated “great wealth transfer” of $62 trillion from the baby boomer generation.
By identifying such opportunities and grabbing hold of them, entrepreneurs can improve their lives and create a lasting legacy. He encourages business owners to lean into challenges and opportunities instead of running away. By doing so, and controlling what they can, savvy entrepreneurs can opt out of participating in recessions; history has shown that the most significant number of millionaires are made during economic downturns.
Artificial intelligence (AI) is also a key factor driving business change. While it may remove some jobs, Brown firmly believes it also has the potential to benefit humanity and reduce time spent on mundane tasks. Brown shared how AI can help business owners cut costs and increase efficiency, and he has personally used AI tools to create job descriptions, business plans, and coaching programs.
However, he stresses that combining the humanity piece with AI or any technology is essential to create a successful business: Businesses are about the “who,” not the “what,” and understanding the people involved is crucial for success. By focusing on core human desires and emotions, entrepreneurs can create efficient and cost-effective solutions to real human problems.
JB Brown’s professional background includes the following:
- Selling over a billion dollars in products and services.
- Brokering over $200 million in businesses.
- Providing valuable consultation to hundreds of companies across various sectors.
Gaining this deep experience has provided Brown with the skill set to help businesses grow from $5-$15 million in revenue to $100-200 million.
As a sought-after keynote speaker, JB Brown regularly appears on news programs, television shows and podcasts, discussing business growth strategies, buying and selling businesses, financial trends, and conflict resolution. He is also a motivational speaker and can speak to business, family, or marriage leadership development.
By identifying the traps that limit and restrict business growth, adapting proven success concepts to the specific needs of the humans in the equation, JB Brown empowers clients with the ability to create a mindset that will give them a robust, predictable, and repeatable advantage over the competition while giving them the life they want.
