Posts

Luck vs. Talent; The Risk of Confusing the Two

One of my favorite podcasts is “How I Built This,” as I mention often. In the podcast, entrepreneurs tell their stories (often terrifying) of what it took to get their companies off the ground. There are usually two recurring themes: (1) the founders had to go through hell and back to achieve their success and […]Read More

Away Luggage; Partnership, Networking and Life Lessons

I recently found out that my L.L. Bean luggage is very uncool 😊. My niece let me know after she listened to Away’s founder on this recent How I Built This Podcast – another episode I highly recommend b/c it was so fascinating and inspiring. I told my son about the podcast, and he too […]Read More

“It Takes At Least Ten Years to Build a Real Business”

BONOBOS FOUNDER GOES THROUGH HELL I was listening to the Bonobos (clothing) founder on the “How I Built This” podcast yesterday, and he was discussing the overwhelming issues he faced while trying to get his company off the ground. Among other things, he ran out of money and could not make payroll, he had a […]Read More

What You Can Learn from Ben & Jerry’s Ice Cream; Taking Risks

How I Built This Heejin’s and my favorite podcast is NPR’s “How I Built This” b/c we love hearing the horror stories that founders endured before they hit it big. The lessons are excellent b/c they remind everyone that there are no overnight successes, that growing a business is always difficult, and that there is […]Read More

Lose Your Temper, Lose Your Business; Successful People Control Emotions – Always.

I lost my temper with a borrower last night … and I thought of my Dad, whose business empire fell apart largely b/c he couldn’t control his temper. He burned all of his bridges with employees, customers and business contacts. I also thought about all the rock star mortgage brokers and Realtors I have known over the years […]Read More

UGG Boots Sold Only 28 Pairs In Entire First Year! Motivating Podcasts!

UGG’s founder, Brian Smith, was an accountant who emigrated from Australia in the late 1970s with an awesome idea of selling sheepskin boots to the masses. He did his market research, got really excited, raised tons of money, imported hundreds of pairs of boots… and sold only 28 pairs in his entire first year of […]Read More

Mark Cuban: Share Success w/ Employees; Fear; Luck; and Selling

Mark Cuban is the sometimes obnoxious billionaire owner of the Dallas Mavericks and star of the TV show Shark Tank. He made his fortune selling his dotcom company to Yahoo at the peak of the dotcom frenzy. Mr. Cuban was on the most recent “How I Built This” podcast (our new favorite podcast by far). […]Read More

Awesome Thanksgiving Podcast About Wild Turkey

The most recent How I Built This Podcast was my favorite one yet. It featured Herb Kelleher, the founder of Southwest Airlines. A few takeaways: 1. He lives on cheese crackers, Wild Turkey (the booze, not the bird, but a Thanksgiving reference nonetheless), and cigarettes. And, he is now 85 and still going strong. So, […]Read More

“How I Built This” Best Podcast; Great Lessons; Keep Moving!!

There are now 350,000 podcasts, making it very hard for podcast lovers to choose favorites. But, here is our new favorite: http://www.npr.org/podcasts/510313/how-i-built-this. For anyone trying to build or help build a business, it is both fascinating and inspirational. The podcasts are interviews with the founders of prominent firms like Spanx, Dermalogica, Clif Bar and Airbnb. It is amazing to hear […]Read More