Entrepreneurship Archives

Work-from-Home Mom Turns $3,000 into a $740 Million Business

January 15, 2020/0 Comments/in Personal Development /by George Krueger & Mary-Lynn Foster

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:
http://traffic.libsyn.com/biggsuccess/01006-011520.mp3

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.

Doing Good is Good Business for PopSockets

August 27, 2019/0 Comments/in Business Development /by George Krueger & Mary-Lynn Foster

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.

On The BIGG Success Show, we were joined by David Barnett. David is a philosophy professor turned entrepreneur and founder of PopSockets. Here’s a summary of that discussion…

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.

Local Entrepreneur Shows How to Change the World

August 13, 2019/0 Comments/in Business Development /by George Krueger & Mary-Lynn Foster

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.

Why Nashville?

Become a Celebrity CEO and Watch Your Business Grow

May 7, 2019/0 Comments/in Business Development /by George Krueger & Mary-Lynn Foster

As a small business owner, you can become a celebrity CEO to gain an advantage over your competition. As your personal brand grows, so will your business. Made possible by FinancialFreedomTool.com

We’re BIGG fans of small business, so we’re happy to be celebrating #SmallBusinessWeek. To kick it off, we talk with Ramon Ray on The BIGG Success Show today.

He writes for Entrepreneur, Inc., Small Business Trends, Business Insider, and more. He joins us today to talk about his latest book, Celebrity CEO: How Entrepreneurs Can Thrive by Building a Community and a Strong Personal Brand*. Here’s a summary of our conversation.

What is a celebrity CEO?

Ramon says that small business owners have the ability to go very narrow and serve a niche market. Few of us are going to be Oprah Winfrey or LeBron James.

But we can all have a narrow lane where we are well known. That’s a celebrity CEO. It’s Ramon’s story. He’s not known to the whole world, but he’s well known in his little market, in his little world, in his small lane

Want to hear what Ramon’s wife said when she learned that the title of his new book was Celebrity CEO? Listen to the show. Simply click on the PLAY button above.

Why does branding even matter?

44 Resources for Women Entrepreneurs

October 26, 2017/0 Comments/in Business Development /by George Krueger & Mary-Lynn Foster

In honor of Women’s Small Business Month, the U.S. Small Business Administration hosted a Twitter chat to share tips and resources for women entrepreneurs.

We were honored to be among the organizations and individuals invited to participate in the #SBAchat, who are dedicated to helping small businesses succeed. Below are some highlights from the chat, plus some great resources for women entrepreneurs.

Tag Archive for: Entrepreneurship

Posts

Work-from-home and make money

What did philosophy teach you about business?

Where did the idea for PopSockets come from?

It’s good to get laid off

Why Nashville?

What is a celebrity CEO?

Why does branding even matter?