The U.S. Small Business Administration recently hosted a Twitter chat on how to start a business. We were among the expert participants including Google Small Business, Constant Contact, IRS Small Business, QuickBooks, SCORE and more, who shared tips and resources on how to take the first steps to entrepreneurship! Below are some highlights from the session.
This work-from-home mom wanted to contribute to her family’s finances. She did more than that – she turned a $3,000 investment into a $740 million business.
On The BIGG Success Show, we discuss the story of Doris Christopher, Founder of The Pampered Chef. With $3,000 borrowed from a life insurance policy, she created a business with sales of $740 million a year, at the time she sold The Pampered Chef to Warren Buffett. Here’s a summary of our discussion on the podcast.
This show is a continuation our last two shows. First, we talked about 5 easy steps to personal leadership. Then, last time, we discussed your arena of service – which is about who you serve and where you serve them. Today, we want to talk about the BIGG Success Power Triangle. We’ll use Doris Christopher’s story as an example.
Direct link to The Bigg Success Show audio file | podcast:
Work-from-home and make money
[George] One semester, my students and I, at the University of Illinois, participated in a guest lecture given by Doris, who is an alum. The information here comes from my notes of her presentation.
She also documented her story in her book, The Pampered Chef: The Story of One of America’s Most Beloved Companies*.
Doris is the quintessential successful work-from-home mom. This former home economics teacher started The Pampered Chef in 1980 with $3,000 borrowed from a life insurance policy. At the time, she was a 34-year old wife and mother of two. She had no business experience.
Like 69% of entrepreneurs, Doris started her business from home. Her basement was the initial distribution center and headquarters for The Pampered Chef.
David Barnett, the founder of PopSockets, shares how he turned his idea into a fast-growing business and why doing good is good business.
Brought to you by FinancialFreedomTool.com, plenty of money for life.
What did philosophy teach you about business?
David said it taught him how to solve problems.
Where did the idea for PopSockets come from?
David was motivated by his frustration with his earbuds, back when they had cords. His cords were always tangled when he took them out of his pocket.
Derek Evans shows us how to change the world as a local entrepreneur. See how his t-shirt business makes a difference in Nashville and globally. Brought to you by FinancialFreedomTool.com.
Today on The BIGG Success Show today, we talk with Derek Evans, president and co-founder of Project 615, an apparel company on a mission to end homelessness and addiction. Over the last nine years, Project 615 has donated over $500,000 to worthy causes in Nashville and around the world.
He joins us today to talk about his book, Made to Change the World: How Ordinary People Are Called To Do Extraordinary Work, The Story of Project 615. Here’s a summary of that discussion.
It’s good to get laid off
Things seem to be going Derek’s way. Still in his early 20s, his career was falling into order. He got a promotion at the construction management firm he was working for.
But little did he know, trouble was brewing. The Great Recession was in full force. Just a few short months after getting the promotion, Derek’s boss delivered a brutal blow. He was the first employee to be laid off, as the company struggled to survive and, eventually, go under.
Derek says, “As soon as the boss handed me my small, little severance check, I said, ‘I’m moving to Nashville.’ And so six days later, I moved to Nashville.”
So getting laid off got him to Nashville, the place where he would start a business to change the world.
Not only does Derek think it was good to get laid off, he says he was FORTUNATE to be let go. To hear why, listen to the podcast. Simply click the PLAY button above.