Million Dollar Mastermind with Larry Weidel

Terri Rockovich, the co-founder and CEO of Jinx, has managed to make 10 million dollars in revenue after soft-launching her brand, during the pandemic, in 2020. She is here to tell us about how she shook up the dog food industry and went from working with Fortune 500 companies to learning the specific keys that allow you to successfully launch a business.
• Change is tough but is how you get to “better”.
• The key to getting a winning growth strategy is really understanding your business.
• Creating your marketing funnel.
• https://www.thinkjinx.com/

TIMESTAMP SHOW NOTES: [9:11] Change is good. [14:08] Understanding the business. [18:42] Grow or die.

The founder and CEO of Outer Aisle Gourmet Jeanne David tells her team it's a new company every three months. She goes over the necessity for setting parameters to build a long-term healthy organization in the face of exponential growth.
• The stress of manufacturing—keeping up with massive demand.
• Best product: Everything Sandwich Thins (cauliflower).
• Rolled out from region to region and eventually nationally with Whole Foods.
• Outgrew 37,000 square-foot facility in two years.
• Just signed lease for a massively bigger facility in Texas.
• Started in a 3,000 square-foot shared kitchen.
• They receive 150,000 pounds of fresh cauliflower every week.
• The importance of resetting—setting boundaries.
• At 6 p.m. they turn off business to allow recovery time.

TIME-STAMPED SHOW NOTES: [3:10] Rapid growth. [8:20] Success can destroy your business. [11:50] Managing expansion.

John Akhoian is the CEO and Founder of one of the fastest growing plumbing companies with 10 locations in the country. John takes us through his journey of developing his principles of leadership, being an author, how plumbing changed his life, and caused him to start his own plumbing apprentice school.
• How to learn from stories - To connect stories with principle
• Faith, integrity, respect, service, teamwork
• Creating Magic Moments
• https://rooterhero.com

TIME-STAMPED SHOW NOTES: [11:46] Values First. [14:40] Magic Moments. [15:33] Plan B.

He started as a plumber’s apprentice and now his own plumbing business does $65 million per year. John explains that when you get good at something, it becomes your calling. From plumbing apprentice to company founder, he describes why is doesn’t matter as much what you do as how good you are at doing it.
• When you start, you don't have to love what you do
• When you become great at what you do, THEN you'll love it
• "Miracle Morning" book
• https://rooterhero.com

TIME-STAMPED SHOW NOTES: [3:55] Be the best. [14:50] Miracle Mornings. [18:16] Habit trackers.

Company revenue of $191 million proves you don't have to go to college to be successful. CEO and founder John Akhoian of Rooter Hero Plumbing shares his journey from plumbing apprentice to a million-dollar earner.
• Putting Values First creates a huge competitive advantage
• Secret to Real Wealth
• Creating 99 Millionaires
• https://rooterhero.com

TIME-STAMPED SHOW NOTES: [2:55] Values first. [5:05] 10-12 millionaires. [17:23] This is not a 9-5.

Being an entrepreneur forces you to handle the biggest problems. The founder and CEO of Botkeeper Enrico Palmerino speaks about early business mistakes that put him and his partner millions in debt. By facing his challenges head-on and prioritizing his people over himself he was able to overcome the odds and continue creating highly successful companies.
• Break big problems into small ones.
• The small mistake that broke the model.
• Prioritizing your people over yourself.
• Failure gives you great anecdotes for the future.
• No decision is the worst decision.
• It’s all fundamentally rooted in problem-solving.

TIME-STAMPED SHOW NOTES: [0:45] His mistakes. [4:35] Confidence from adversity. [6:52] Be the captain.

From a team of 5 to being in 3 major cities in 18 months, Sankarshan Murthy, Cofounder CEO, is back discussing how Bumblebee Spaces is set to be in several hundred spaces in the nation. He explains how he analyzes space and redefined how customers are viewing their homes.
• Sold demo while it was being built.
• How quickly people respond to efficient problem-solving solutions.
• https://www.bumblebeespaces.com/

TIME-STAMPED SHOW NOTES: [2:33] Keep it going. [6:35] Market needs. [13:33] Going nationwide.

Cofounder CEO Sankarshan Murthy of Bumblebee Spaces is back and talks about the fatigue your mind can go through when you put all the pressure of decision making on an abundance of information. He also discusses his ways of successfully working through your limitations and how thoughts should be said out loud to get the full effect.
• How he avoids paralysis by analysis.
• By the time you get perfect your information, it is too late.
• Being a contrarian is energizing, but you must limit your exposure to negativity.
• https://www.bumblebeespaces.com/

TIME-STAMPED SHOW NOTES: [3:16] New information, new decision. [7:31] Surround with pragmatic people. [10:02] Speed is advantage.

Sankarshan Murthy explains how he got 12 engineering patents within his first 5 years out of college. He worked with Apple on the creation of the first Apple Watch, and while at Tesla he helped engineer the creation of their manufacturing mega factory. He discusses how he’s learned to break down barriers during development and the breakthrough realization of deciding to commit or walk away.
• Why he believes in observation rather than surveys. 
• Lessons from Apple and Tesla.
• The excitement of pursuing your own idea grows as you develop the product.
• https://www.bumblebeespaces.com/

TIME-STAMPED SHOW NOTES: [4:48] Product design is broad. [8:55] Power of observation. [22:31] Software understands.

"In this episode, Larry speaks with business leader Brian Minick about the importance of following your natural curiosity and who inspired him to become a leader of a multi-million dollar business. He also discusses his pivotal moment of realization that helped shift his focus to the operations side of computer programing and how that helped them explode to 100,000 business clients.
• The prior point of realizing you are doing too much work yourself and need to shift to getting things done with a team.
• Stay in your lane.
• Don't be right, Just do the right thing. 
• https://www.zerobounce.net/

TIME-STAMPED SHOW NOTES: [12:48] Hobby vs Passion. [18:25] A system. [20:44] Hire the best. "