I’m excited to be sharing the wisdom of Mitchell Beinhaker with our audience today! Mitch is a business attorney with more than 25 years of experience working with small business owners, entrepreneurs and professionals. He advises businesses through all phases of operation including start-up, business development and the legal aspects of running a business.
Mitch runs his own corporate and business advisory practice in Cranford, New Jersey. He often speaks at workshops and is the host of his own podcast: “The Accidental Entrepreneur” which focuses on helping business owners achieve success on purpose, not by accident. Welcome, Mitch!
Below are some insights from Mitchell Beinhaker. Enjoy!
What is your personal definition of success?
I define success as being able to create some financial freedom while doing things that you love and are good at. This will vary from person to person depending on their personal needs and wants, financial situation, and areas of interest.
Can you share the steps you take daily to improve?
I try to make one new connection per day to grow my personal network. This might be a personal meeting or an online connection. But I want to meet or be introduced to someone I can add to my mailing list and introduce them to my “world”.
Tell me about a specific moment that set you on the path you’re on now?
I’ve always had an interest in business and entrepreneurship. I don’t know if there was any single particular moment, but I have always gravitated to running my own practice or even being entrepreneurial in a corporate position. As a lawyer, I’ve always considered myself more as a business person than a legal professional.
If you could recommend one book for our audience, what would it be?
The Referral of a Lifetime, by Tim Templeton
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Which character traits do you value most?
Honesty, integrity, and keeping to promises
How do you push through tough times?
When times are tough, I focus on ways to solve the problem – whether that is to generate more business, raise capital, restructure, etc… Too many people get stuck focusing on the problem and never see the solution. There is always another option – you just have to look for it.
What inspires you?
People that overcome difficulties in life.
How do you manage and prioritize opportunities?
Probably by staying organized and good use of technology.
What advice would you give to your 18-year-old self?
Learn as much about business and entrepreneurship as possible including taking different jobs with the goal of expanding knowledge and learning.