In this episode of The Wisdom, Lifestyle, Money Show, host Scott Dillingham shares his journey starting LendCity Mortgages, inspired by job losses from layoffs, closures, and mandates amid economic challenges.
Scott discusses embracing risk from real estate investing, viewing setbacks as learning opportunities—like potholes to navigate—and urges listeners to "just do it" to overcome fear.
He emphasizes mindset: Write down goals affirmatively, visualize success as already achieved, break big goals into small steps for accomplishment, and focus on strengths over weaknesses via feedback from others.
Maintain positivity by reframing negative thoughts, surrounding yourself with uplifting people, and dedicating time to self-improvement through books, courses, or seminars—avoiding negativity that hinders growth.
Delegate weaknesses (e.g., hiring an operations manager) to work on the business, not in it; success stems from persistence, ethical practices, and viewing failures as temporary.
In 2025, Canada's small business landscape sees AI adoption, sustainability focus, e-commerce growth amid improving inflation, but challenges like trade deficits and costs—favoring resilient startups in tech services, green energy, and freelancing, per BDC, Shopify, and CMHC reports.
This episode motivates entrepreneurs with practical mindset shifts for success in 2025's evolving economy.
Guest Bio
Scott Dillingham is the host of The Wisdom, Lifestyle, Money Show and founder of LendCity Mortgages in Windsor, Ontario, specializing in home and investment financing. From real estate investing to building a 20-employee brokerage, Scott shares mindset strategies for success. Passionate about overcoming fear and growth, he draws from personal experiences. Connect with Scott at lendcity.ca, call 519-960-0370, or listen for entrepreneurial insights.
Scott Dillingham is the host of The Wisdom, Lifestyle, Money Show and founder of LendCity Mortgages in Windsor, Ontario, specializing in home and investment financing. From real estate investing to building a 20-employee brokerage, Scott shares mindset strategies for success. Passionate about overcoming fear and growth, he draws from personal experiences. Connect with Scott at lendcity.ca, call 519-960-0370, or listen for entrepreneurial insights.
Key Takeaways
- Embrace Risk: Treat business like real estate investing—learn from setbacks (e.g., bad tenants) as navigable "potholes"; familiarity reduces fear.
- Just Do It: Overcome initial hesitation by acting; like kids jumping into a pool, starting dispels anxiety—many guests echo this for success.
- Goal Setting: Write affirmatively (e.g., "I will succeed"), visualize as achieved; break big goals into small steps for ongoing motivation and accomplishment.
- Strengths Focus: Ask trusted contacts for strengths/weaknesses; prioritize excelling in strengths (95% effort) over fixing weaknesses (5%)—Scott discovered visionary connecting as his.
- Positive Mindset: Reframe negatives immediately; surround with positives (distance chronic negativity)—builds happiness and attracts success.
- Self-Improvement: Carve weekly time for books/courses/seminars despite busyness; Scott's recent read on structure led to hiring an operations manager.
- Delegate: Focus on vision/strengths; outsource weaknesses (e.g., operations) to work "on" the business—transformed LendCity from solo to 20 employees.
- 2025 Context: Amid AI/sustainability/e-commerce trends and easing inflation, resilient mindsets aid startups in tech/green sectors despite trade challenges.
Resources and Links
- LendCity Mortgages: https://lendcity.ca/ – Business financing and mortgage advice.
- Scott Dillingham Contact: Call 519-960-0370 – For entrepreneurship consultations.
- BDC 2025 Outlook: https://www.bdc.ca/en/articles-tools/blog/what-can-canadian-entrepreneurs-expect-for-2025 – Small business trends.
- Shopify Small Business Trends: https://www.shopify.com/blog/small-business-trends – 2025 insights on AI and e-commerce.
- CMHC Reports: https://www.cmhc-schl.gc.ca/ – Economic and housing data for startups.
Call to Action
If Scott Dillingham's mindset tips for starting a business in 2025's AI-driven economy inspire you amid job challenges, visit lendcity.ca or call 519-960-0370 for guidance. Share this episode with aspiring entrepreneurs—tag us on social media! What's your biggest fear to overcome? Leave a review on Apple Podcasts or Spotify to help others find 2025 trends, visualization strategies, or success mindset ideas. Tune in next week for more on growth and finance.
If Scott Dillingham's mindset tips for starting a business in 2025's AI-driven economy inspire you amid job challenges, visit lendcity.ca or call 519-960-0370 for guidance. Share this episode with aspiring entrepreneurs—tag us on social media! What's your biggest fear to overcome? Leave a review on Apple Podcasts or Spotify to help others find 2025 trends, visualization strategies, or success mindset ideas. Tune in next week for more on growth and finance.
- (00:12) - Starting a Business Journey
- (09:33) - Overcoming Fear and Taking Action
- (09:43) - Seeking Feedback and Self-Discovery
- (13:43) - Focusing on Strengths vs. Weaknesses
- (17:31) - Cultivating a Positive Mindset
- (18:36) - Continuous Learning and Growth
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