Bill CanadyCEO & Founder, The 80/20 Institute · Be a Great CEO: Learn how to Fix it, Grow it, & Sell it.

Advice for Business Owners Who Feel Stuck | Ted Medford, 80/20 Client

5 May 2026 · 1 min

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In this brief testimonial, Ted Medford shares his personal journey of learning business without a college degree, acknowledging the common mistakes he made as a self‑taught entrepreneur. He strongly recommends that business owners seize any chance to bring in outside experts who can examine their operations strictly from a numbers‑only perspective. Fresh, objective eyes, he argues, can quickly spot discrepancies and inefficiencies that internal teams may overlook, making such external analysis a valuable investment for growth and correction.

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As far as final words that I would have for anyone looking for help, you know, I didn't go to college, get a business degree. You know, I started working right out of high school, and I've just learned business along the way and made all the mistakes that most business owners make. But anytime you have an opportunity to have experts come in and help you analyze your business and really look at it from just a strictly numbers-only standpoint, I think you should definitely take advantage of it. It's always good to have new eyes, fresh eyes look at your data and kind of from an outside perspective, you know, kind of show you what's not adding up, you know. So I would say if you have an opportunity to do that, I would definitely take advantage of it.