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If you want to grow and improve your business, put your customers first! Kelley Higney, founder, and CEO of Bug Bite Thing, has achieved incredible success through continuously improving her brand by listening and responding to the needs and wants of her customers. If you’re interested in what it takes to build a customer-centric brand, this episode is for you!
About Kelley Higney:
Kelley Higney is a third-generation women entrepreneur who is on a mission to provide as many people as possible with her chemical-free solution to insect bites. Kelley put everything into her business, and it paid off: Bug Bite Thing is Amazon’s best-selling product for insect bite relief, and Kelley is only aiming up!
Episode highlights:
Kelley’s best advice for entrepreneurs:
“Being customer-focused has been the driving force of everything for us.” (04:42) Kelley has always put her customers needs and wants at the core of every decision she has made with Bug Bite Thing
Connect with Kelley:
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Recruiting and retaining talent are essential for growth strategy, but they are common pain points for many companies. Today’s guest, Max Fisch, has built a successful business around the art of outsourcing, and in this episode, he shares what his journey as the founder and CEO of Real Estate Project Solutions has looked like to date.
About Max Fisch:
Throughout Max’s real estate career he has worked in mortgage origination, financing, wholesale acquisitions, rehabbing, and investments. Max’s own experience of working with virtual assistants inspired him to found a virtual assistant outsourcing company for the real estate industry. His latest venture, Liberty Business Solutions, will provide the same service to companies in other industries. Max is driven by his desire to have a positive impact on others.
Episode highlights:
Max’s best advice for entrepreneurs:
“Always be improving. I don’t care how much or how little, but always be better than the day before.” (15:29) Building a business is hard work and it may take a lot more time and effort than you were expecting, so celebrate the small wins and always look ahead.
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When it comes to the success (or not) of an entrepreneurial venture, timing is key. In this episode, Fran Maier shares how her understanding of trends, her women-focused perspective, and her attitude towards risk, have allowed her to build multiple thriving businesses over her 25-year career.
About Fran Maier
Fran has been involved in the creation and running of 5 different startups, including the world-renowned Match.com. She is a legendary entrepreneur, and brand builder who has won numerous awards for her work, including AlwaysOn’s “Top 25 Women in Tech to Watch in Silicon Valley,” and Hot Topic’s “100 Most Influential Women in Technology.” BabyQuip, Fran’s latest founding achievement, is a company that provides a platform where other entrepreneurs can rent baby equipment to traveling families.
Episode highlights:
Fran’s best advice for entrepreneurs:
“Sometimes being ahead of the curve is not always the best thing. Timing is everything.” (07:39)
Connect with Fran:
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Business owners often find it difficult to delegate tasks because they feel like they have to do everything themselves. Michelle Penczak has a message for you: you don’t! Michelle is the co-founder and CEO of Squared Away, a virtual assistance provider that solely employs military spouses. In this week’s episode of Beyond 8 Figures, she shares what her inspirational journey of building and sustaining a business (alongside long stints of solo parenting while her husband is away on deployment) has looked like!
About Michelle Penczak:
Michelle’s successful career as a virtual assistant, combined with her personal struggles of finding a job because of the frequent relocation that is required of military spouses, inspired her to start her own business. Today, Squared Away employs over 200 military spouses, and Michelle is doing an incredible job of balancing solo parenting (while her husband is away on deployment) and running her ever-growing company!
Episode highlights:
Michelle’s best advice for entrepreneurs
“Be curious, always.” (04:33)
“Don’t do everything yourself.” (13:02)
Connect with Michelle
Website
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Website
To thrive as an entrepreneur in the competitive, ever-changing world we live in, being adaptable is key! Maha Achour, founder and CEO of Metawave, shares how her clear vision, approach to failure, and systems that she put in place early on have been invaluable on her journey as an entrepreneur who is transforming the mobility sector through disruptive technology.
About Maha Achour:
Before her current role as CEO of Metawave, Maha Achour completed a Ph.D. in physics and spent many years gaining valuable experience at various technology companies. Her work has earned her a place on the Forbes 50 over 50 Vision List. Maha believes that true disruption comes from transforming core technological infrastructure, and she is currently putting this belief into practice in the mobility sector.
Episode highlights:
Maha’s best advice for entrepreneurs:
“As an entrepreneur, you have to keep a dynamic view of your environment and not be focused on one passion in a solid path that you cannot deviate from. You have to adapt to the opportunities.” (06:02)
Connect with Maha:
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Building a successful business is not a job for one person. So a founder’s ability to build a team with complementary skill sets to their own is one of the keys to the success of an entrepreneurial venture! In this episode, Robert Hurst shares some of the key lessons that he and his partner learned while co-creating an award-winning international music corporation.
About Robert Hurst
Robert’s corporate experience, the lessons he learned from his entrepreneurial father, and his ethical and customer-focused approach to business allowed him to reach greater heights as a founder and CEO than he had ever imagined. Now, as an investor, he is focused on helping other entrepreneurs achieve their goals and making a positive impact on the world.
Episode highlights:
Robert’s best advice for entrepreneurs
“It’s never about one individual. It’s about a team of people with complementary skills. If you can assemble a great team of people around you, you become very, very investable.” (04:28)
Connect with Robert:
LinkedIn [Robert Hurst]
Twitter [Robert Hurst]
Website [Bengeho]
Additional Links:
Audio Network
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Website
When most of us think of franchising, major fast-food chains are the businesses that come to mind first. However, you probably didn’t know that many of your local essential service providers are franchises too! Through his company, FranShares, Kenny Rose is giving you an opportunity to invest in these local businesses and, therefore, in your community. Kenny’s approach to entrepreneurship is based on building solid foundations, continuous learning, fair and ethical treatment of his employees, and not cutting corners.
About the Guest
Kenny Rose watched his dad build a business from the ground up, and the challenges that he and his family went through during the lean times gave him all the grit and determination that he needed to create his own success. Kenny’s career began as a financial advisor at Merrill Lynch, after which he went on to found his own brokerage. Today, Kenny is the founder and CEO of FranShares, which has recently closed its first fund and has a fast-growing waiting list for the next one!
In this episode
Highlights
Best Advice Kenny Would Give to Someone Who is Transitioning from a 6-7 to 8 Figure Business:
Although it may be tempting to cut costs wherever you can, paying your employees well will be some of the best money you ever spend.
“When you start slashing paychecks, people walk out the door. When you start increasing them, people stick around. From a shortsighted point of view, people focus on saving money by the hour, but I want to make more money by the year, and I do that by having the best staff in place.” (16:19)
Being fearless enough to push your ideas, and keeping your cards close so that you aren’t taken advantage of, will help you reach great heights as an entrepreneur. “You need to be a combination of reckless and pessimistic.” (31:07)
How Kenny Defines Success for Himself (34:52)
“I love building, so success is building what I envision. It’s not a dollar amount, it’s a lifestyle.”
Mentioned in This Episode:
FranShares White Paper: https://franshares.com/passivefranchiseinvestingwp/
Fundrise: https://fundrise.com/
Why it only costs $10k to “Own” a Chick-fil-A franchise: https://thehustle.co/why-it-only-costs-10k-to-own-a-chick-fil-a-franchise/
Connect with Kenny:
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Kushal Nahata had no formal business education and almost no industry experience when he founded his logistics company, FarEye. What he did have though, in abundance, was an unrelenting curiosity, a passion for learning from those around him, and a desire to solve difficult problems to improve people's lives. In today’s episode, Kushal shares what he loves about being an entrepreneur, how he has grown FarEye into what it is today, and what success means to him at this stage of his career.
About the guest
Kushal Nahata is on a mission to democratize delivery systems so that everybody, everywhere, can seamlessly access the goods they want. He has an engineering degree, and his past work experience includes training engineering students and heading up business development and strategic planning. The Software Report has mentioned him in the coveted 40 under 40 list by Business World and The Top 25 Software CEOs of Asia for 2020.
In This Episode:
Key Takeaways:
Best Advice Kushal Would Give:
Continuously learn from the people around you who have different knowledge and skillsets. “[I learn by] reading people. That’s the school I’ve been in for the last 8 to 10 years, and it’s the school I want to stay in forever. Meet people, learn from them.” (06:01)
How Kushal Defines Success for Himself (29:48)
“Delivering promises to [my team] and making them get wealth from that, that’s something I look at as a great success for myself. The other is from creating a benchmark.”
Connect with Kushal
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After replacing her insatiable appetite for sugary drinks with an unstoppable passion for health, Kara Goldin founded Hint. It is now an award-winning, multibillion-dollar unsweetened flavored water brand! This self-proclaimed ‘accidental entrepreneur’ joins us on today’s episode to talk about her transformative journey of building a purpose-driven beverage company. Take note, she has no prior experience in the industry. Kara also discusses what keeps her motivated and her ambitious goals for the future of the company.
About Kara Goldin:
Kara Goldin spent many years working in the technology and media industries, including for giants like TIME Magazine, CNN, and AOL. After struggling with health issues due to being a diet soda addict, she decided to create an alternative drink. It was named “Hint”, a drink that is both healthy and delicious. Despite her lack of experience in the food and beverage industry, Kara’s passion for the life-changing capabilities of her product kept her going. She has since been listed as one of Huffington Post’s Six Disruptors in Business, Fortune’s Most Powerful Women Entrepreneurs, and Forbes’ 40 Women to Watch Over 40! She is also the host of The Kara Goldin Show.
In her powerful book, “Undaunted,” Kara provides invaluable insights and lessons drawn from real stories and personal experiences. She encourages readers to confront their fears, overcome challenges, and achieve long-term success by breaking down barriers and forging ahead.
For a comprehensive book review, check out this page.
In this episode:
Highlights / Key takeaways:
Best Advice that Kara would give to someone who is transitioning from a 6-7 to 8-figure business:
Avoid groupthink and be open to engaging with people whose way of thinking differs from your own. “People don’t have to be just like you and have your same experience. When they are coming from a different journey, they may add more value to what you’re doing and help you think differently.” (29:57)
How Kara defines success for herself:
“Being able to make a difference. I don’t think I could just go and be an entrepreneur just for the sake of being an entrepreneur once I’ve seen how you can create products or services that change people’s lives. I think that’s my calling.”Connect with Kara:
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Affiliate Disclaimer: Some links in this episode are affiliate links. If you make a purchase through these links, we may earn a commission at no extra cost to you. Rest assured, we only promote products/services we believe will benefit your entrepreneurial journey.
Long-term value creation lies at the foundation of everything Gabe Galvez does as an entrepreneur and investor. Rather than focusing on deploying capital, he aims to preserve it, with the intention of creating businesses that are sustainable for multiple generations to come.
In today’s episode, we delve into the reasoning behind his strategy, what he sees as the key factors that make an entrepreneurial venture successful, and how we need to change the way we think about success!
About the guest
From the age of 10, Gabe Galvez knew he wanted to be an entrepreneur. So far, he has founded 12 companies (3 of which he sold) and is currently the CEO of CapTarget, Managing Partner at Verde Holdings, Partner at Lambeau Financial, and a board member at Merger Labs and Fluid MSP. Gabe’s skills lie in mergers and acquisitions, business development, and strategy in the private equity and startup spaces, and he is known for his ability to turn big picture thinking into real-world results.
In this episode
Highlights / Key takeaways
Best Advice Gabe would give to someone who is transitioning from a 6-7 to 8 figure business:
“With great people, we can do anything.” (32:54)
People are the cornerstone of business success. Surround yourself with people whose values align with your own, who are passionate and deliberate in their efforts. Those people will help you create the most value.
How Gabe defines success for himself (50:11)
“Being here is the success. Not to minimize the challenges that human existence produces, but being engaged with your community, working toward something, anything, as long as it’s not harmful, I think that’s a success, and I would argue that almost all of us, globally, we need to really start rallying around our successes and our ability to succeed.”
How are you creating long-term value in your business?
Tell us on our social media, and don’t forget to say hello if you would like to share your entrepreneurship story on our podcast.
Mentioned in this episode:
Connect with Gabe
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