389: Persistence, Dedication, and Speed: Play the Numbers Game with Serial Entrepreneur Jim Beach

Jim Beach is here to talk about failures, scaling, success, opportunities, and adding your unique twist. He believes that to have repeatable success, you should copy someone else's idea, execute it better, and start with little money. Listen in to hear about what he's built and what he's learned from his up's and down's.

Quotes:                                                                                                                                   

“Changing the focus and definition of entrepreneurship allows millions of people to be entrepreneurs who otherwise would have sat it out.” – Jim Beach

“Entrepreneurs don't get scared off by ‘no.’ ‘No’ means no today, maybe yes next week.” – Jim Beach

“Do crazy stuff just for the story, because the story is worth telling, and you'll have a lot of fun that way.” – Jim Beach

Takeaways:

09:43 Passion should focus on lifestyle and entrepreneurial freedom, not just the product you're selling.

11:39 Copy successful business ideas, but execute them better and smarter than the original.

15:29 Start businesses with minimal investment (under $5,000) to reduce financial risk.

18:52 Partner with complementary skills and prestigious brands to increase your business's credibility.

21:11 Persistence and willingness to face repeated rejection are critical to entrepreneurial success.

Resources

Podcast: Play in new window | Download (Duration: 32:34 — 29.8MB) | Embed

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Filed in: Archive 2: 2017 • Entrepreneurship • Interview • Podcast

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