The trouble with entrepreneurship is staying in business. And it’s a great career path. There are many opportunities in life you will have that you would of never had otherwise. But you do have to have success. With experience, will come the wisdom to run your business well, but that takes time. Or, you can learn from someone else’s acquired wisdom. Enter Kerry Lutz, author of https://www.amazon.com/Viral-Podcasting-Figure-Income-Podcast/dp/1540641260 (“Viral Podcasting: How To Earn A 6 Figure Income From Your Podcast”) and founder of http://financialsurvivalnetwork.com/ (Financial Survival Network), who is a 4th generation, serial entrepreneur with lots of business wisdom. In this episode you will hear how Kerry acquired his wisdom, why being an entrepreneur may be a good career fit, what’s great about podcasting, how to make a business succeed where so many fail, a great way to start a new business, the 5 common problem areas in businesses, how to keep your business going long term, and a fantastic Value Bomb at the end with a Bonus Bomb. Why wait for wisdom when you can acquire so much here with WTR and Kerry Lutz.   Ingenious tactics to accumulate wealth, for people who see things differently.

Kerry Lutz kerry@viralpodcasting.com kl@kerrylutz.com https://twitter.com/KerryLutz (Twitter) https://www.linkedin.com/in/kerrylutz/ (LinkedIn) https://www.facebook.com/TheFinancialSurvivalNetwork/ (Facebook) https://viralpodcasting.com/ (Viral Podcasting) http://financialsurvivalnetwork.com/ (Financial Survival Network) Resources: https://www.amazon.com/Viral-Podcasting-Figure-Income-Podcast/dp/1540641260 (Viral Podcasting: How To Earn A 6 Figure Income From Your Podcast) https://www.amazon.com/Power-Broke-Greatest-Competitive-Advantage-ebook/dp/B00WPQHK14 (The Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage) https://www.fiverr.com/ (Fiverr)   Notes:Kerry Lutz, “I’ve always been a square peg in a round hole.” Serial, 4th gen entrepreneurIt’s about building know knowledge Learning from mistakesStill failure because most likely lost money, but the gained knowledge is most likely more valuable than the money lost “Any time you get into a business that you don’t know anything about, you pay for lessons.” Luckily had more successes than failures Family business started by father and uncle in 1963 – messenger serviceFamily business “around the dinner table” Successful for many years At one point business was bad because they had made some mistakes and had 1.5 months to go before having to close Cut $250k in expenses, made several good hires, moved to new officebusiness turned around in less than 1 month In 1997 sold business to largest competitor Had several business ventures, some not too successful Went to law school in the meantime as a fall backStarted to practice law after a few years, but disliked it Good at locating assets, so ended up buying off charged off assets and credit card debt and did well with thatAt financial crisis, felt like what he was doing was part of the problem, so sold business to get out of it Did a few other businesses, eventually wound up doing podcasting. “It’s the best career I’ve ever had.” What’s great is you and I would have never met had we not been in podcasting. I have friends all over the world; dozen friends in Vancouver; also in Australia, South Africa, Europe I can now go to just about any county in the world and meet people I would have never had a chance to meet before I didn’t make anything in first 4 years Wrote book https://www.amazon.com/Viral-Podcasting-Figure-Income-Podcast/dp/1540641260 (“Viral Podcasting: How To Earn A 6 Figure Income From Your Podcast”) Not “cut out” for 9-5 office work Go along on life and try to find our path, entrepreneurship enables you to do that Has http://financialsurvivalnetwork.com/ (Financial Survival Network)Has consulted with...