Nuggets of Wisdom from Jim Toner

In his interview with Ideamensch, entrepreneur/philanthropist Jim Toner offers us many golden nuggets of advice to succeed both in business and in life. Jim has had a long career in real estate investment and in consulting. Furthermore, Jim is an active philanthropist who serves in a variety of altruistic roles.

On succeeding in business, Jim tells us we should “Just Do It”, as Nike says. To clarify our idea, develop a flexible model, and test it. He suggests everyone should read books every day and also listen to podcasts. One web service Jim suggests is called ClickFunnels. Also, Jim recommends giving away 10% of every dollar you earn as a business strategy. He insists it will come back to you double. And most importantly, in business Jim tells us we don’t need to be an expert in everything. We just need to surround ourselves with others who can fill in the holes in our game, taking advantage of their talents.

Many of Jim’s suggestions don’t just apply to business. They are tips on succeeding in life in general. For example, Jim starts every day with 30 minutes of thinking, followed by a trip to the gym. There, he listens to podcasts or audiobooks while working out. He says the gym teaches you discipline, which you can also apply to business. Jim recommends we keep in mind that troubles come to everyone, and you need to remember that you are not alone and tomorrow is a new day. Furthermore, financial wipeouts are not going to kill you. Do not view money as your self worth, but rather as a tool that is very easily replaceable. No matter what you are going through, Jim says you can make it. A book that Jim recommends is “Man’s Search for Meaning” by Victor Frankl, a Nazi death camp survivor. In this book, he shares lessons including that we can’t avoid suffering, but we can choose how we cope with it.

That is just a recap of Jim’s interview with Ideamensch. In the full interview you will find even more gems of wisdom from Jim. He offers us excellent advice for living a worthy life and achieving success in business.

Jim’s latest book: https://sendinthewolves.com/meet-the-team

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