JLDC 0089: Interview with Jim Beach – Starting Your Own Business

At age 25, Jim Beach started his own business with only $2,000, and within 7 years took it to $12MM. In this interview he gives some great insights into the best ways to start your own business.

You can listen to the podcast here:

http://johnlagoudakis.com/free/podcast


Topics discussed during this podcast include;

• How Jim grew his first business from $2,000 to $12MM within just 7 years
• What do you need to start a business today?
• Do you have to be creative, risky and passionate to be an entrepreneur?
• And much more!

Here’s a timeline of the topics discussed during the podcast:

0:30 – Jim Beach short bio
1:45 – Jim’s upbringing, education and first career
3:30 – Why Jim decided to start his own business
5:00 – What was American Computer Experience? (Jim’s first business)
7:00 – How did you decide to start American Computer Experience?
8:00 – Is creativity important for entrepreneurs?
9:30 – The qualities of a successful entrepreneur
11:40 – Should you be passionate about your business?
16:00 – MBA class business startup bet
20:15 – How have you created multiple streams of income for yourself?
23:20 – When is the best time to start a business?
24:55 – How much capital is needed to start a business?
28:55 – Jim’s final thoughts

Listen to the podcast free every week on iTunes here:

http://johnlagoudakis.com/free/podcast


To your success,

John