The speaker recounts their experience selling items door-to-door at a young age, despite their mother's disapproval of such pursuits due to elitism.
Starting a business takes time and a lot of effort, so aspiring entrepreneurs must be prepared to work hard for the next three to five years to make it successful. Many people expect quick success nowadays, but it's important to remember that running a business requires patience and persistence.
The podcast speaker discussed the mindset of someone who has worked for a decade to build skills and is now looking to earn five to ten million dollars in potential profits by launching a new product. They also mention being introduced to someone who has a similar mindset and shared ten examples with them.
This podcast episode discusses the idea of making the entrepreneur the hero of society as a way out of the difficult situations the US is going through. However, some argue that this idea is often supported by people of great privilege who believe that poor people cannot change much and that less competition can lead to odd outcomes.
The founder of Earnest Capital discusses how forming an LLC and utilizing Stripe Atlas was the fun part of building something new. She also emphasizes the importance of feeling excited about what you're doing, and knowing when it's time to make a change.
The hosts discuss their plans to start a printing business for local businesses in order to make more profit and avoid having to store a surplus of t-shirts in their house. They also discuss the idea that being angry is a choice, and therefore, no one else can truly make you happy.
The speaker discusses the challenges of raising capital and taking on late-stage investment as a founder, and whether or not relying on those investors is necessary during difficult times.
The co-founder and CEO of The Motley Fool, Tom Gardner, speaks about the impact of reading letters and notes of successful entrepreneurs like Henry Royce, who left behind meticulous notes for his company and how studying them can help in learning from them.
The speaker discusses finding her way towards entrepreneurship by observing successful business owners, feeling some degree of jealously towards their accomplishments and researching the right steps to take towards establishing her own business.
This podcast episode explores the success of entrepreneur, Jihan Thompson, who runs two companies while also being a mommy blogger and novelist. The conversation touches upon topics such as the entertainment industry's underestimation of women and the privilege required to pursue entrepreneurial endeavors.
The speaker expresses the difficulty of running a successful business and references the struggles that other entrepreneurs have faced.
The speaker discusses the challenges of measuring success based on cash flow and how it led to difficulties during the creation of acquisition dot com.
The idea of "If you build it, they will come" in entrepreneurship is not entirely true. Spotting opportunities, coming up with original solutions, and putting ideas into practice, regardless of their size, can lead to success. Failure is inevitable, but reframing it as learning and continuing to move forward is key.
Shark Tank's purpose is to inspire kids to start businesses. Through accessible means, the show motivates young children to develop entrepreneurial skills and make money.
The speaker faced numerous issues while trying to start an app and meeting an attorney, however, they believe that obstacles are a form of support from the universe.
When turning a hobby into a business, it can be difficult to handle unsupportive relatives and the challenges of dealing with regulations like HOA. It's important to stay focused on your goals and believe in yourself.
The speaker talks about the difficulty she faced after being fired from her job and not having an adequate support system around her. Finding role models that she wanted to emulate was challenging for her.
A father-son duo share entrepreneurial advice on impacting lives, creating wealth, and thinking outside the box to create unique business ideas like a pizza with honey.
In this podcast, the host discusses the unique heart of cuttlefish as well as his Instagram post soliciting questions about personal and work topics.
The speaker recalls meeting someone with an idea called 'Hurt Burt' and discusses his own future ideas, but is currently workshopping them.
In this podcast, the speaker talks about the importance of gross margin dollars and cash flow to pay bills in a business plan, and how some investors might not understand this concept. The speaker also praises investors who want to invest in good ideas and give entrepreneurs a chance.
The speaker discusses various entrepreneurial ideas they have had for opening businesses in their neighborhood, including a cupcake shop and a hot dog cart.
A group of entrepreneurs plan to use a beached cruise ship, the Pacific Dawn, to start selling sea pods and form a sea town around it. They intend to fund the project through the creation and sale of more sea pods.
The speaker shares how growing up with entrepreneurial family members inspired him and showed him what was possible and that it's important for young people to be exposed to entrepreneurship.
The experience of managing a failed restaurant can teach valuable skills that can only be learned in reality. Good or bad advice cannot replace the learning from the stress and challenges of running a business.
Former hockey player, Wayne Powers, started a shoe company with the help of Derek Jeter that focuses on providing comfortable and stylish shoes for everyday wear. Powers attributes his success in hockey to his sixth sense on the ice.
The guest speaker discusses the importance of taking a first-principles approach to entrepreneurship and creating solutions from what is known to be true rather than relying on pre-existing methods. They then share their experience as one of the first companies to utilize meme accounts for advertising purposes, with 100 million followers across several accounts.