On this episode of STICK TALK, the boys sit down with Pat Walls to talk about road tripping around the US during COVID, leaving a startup job to start a blog from scratch, scaling his blog from 0 to 1 million in revenue and 100k daily page views, and a funny story about a strange chocolate brand.
Pat is the founder of Starter Story, a database of more than 4,000 entrepreneur case studies and interviews. Pat started the site from scratch in 2017 and has scaled it to more than 1 million in revenue - and is currently on a mission to help 1 billion people make money online. Outside of Starter Story, Pat enjoys traveling, spending time with family, and playing tennis.
(00:00:00) - Starting a Business without a Formal Network of Entrepreneurs
(00:02:39) - Venturing out on your own in the startup world
(00:05:07) - From Side Project to Business: The Origins of Starter Story
(00:09:58) - Inspiration and Starting a Business as a Digital Nomad
(00:12:20) - How Starter Story Got Traction on Reddit
(00:14:53) - The Value of Real Business Owners and Self-Reported Revenue in Interviews
(00:17:11) - Unusual and Profitable Business Ideas
(00:19:43) - The Art of Asking Questions in Business Interviews
(00:22:09) - Inspiring readers to start their own businesses
(00:24:29) - Interviewing Successful Entrepreneurs and Creating a Social Media Version of TV Formats
(00:27:00) - Evolving the Business Model Towards Direct Customer Payment
(00:29:29) - Consistency in Content Creation and Finding Success in the Journey
(00:31:55) - Going all in: Focusing on one business for success
(00:34:22) - A Road Trip That Changed Everything
(00:36:51) - The Importance of Taking Time to Think and Plan for Growth
(00:39:32) - The Benefits of a Dopamine Reset
(00:42:04) - Writing in a Cabin like McConaughey
(00:44:15) - The Importance of Writing in Business and Amazon's Writing Culture
(00:46:57) - The Value of Writing and Self-Reflection
(00:49:18) - Entrepreneurship 101: Six Factors for a successful business idea
(00:51:42) - Building a Business with No Competition or Personal Monopoly
(00:54:01) - Finding passion in entrepreneurship and identifying hidden opportunities
(00:56:25) - Hidden Opportunities and Niche Markets
(00:58:49) - Six Mistakes in Starting a Business, and Living in Tampa vs Other Places
(01:01:09) - Why Tampa is the Place to Be
(01:03:40) - Quitting Caffeine and Coffee Shop Rituals
(01:06:05) - The Lightning Round: Masters Champions Dinner Menu Challenge
(01:08:47) - The Benefits of Avoiding Sugar and Dream Dinner Guests
(01:11:35) - Helping Kanye at his Ranch
(01:14:04) - Celebrating a $100 Million Offer and Where to Find Pat Walls and Starter Story