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BiggerPockets Business Podcast
BiggerPockets
107 episodes
9 months ago
Welcome to a real-world MBA, where entrepreneurs guide you through what it really takes to start, scale, and sell your own business. Your hosts: J and Carol Scott, who left careers in corporate management to launch their own house-flipping business. Every Tuesday, you'll meet a new guest and learn actionable tips for hiring, firing, marketing, raising capital and more. So whether you're looking to boost profits or bring a new idea to life, you'll come away informed and inspired. Tune in, and learn how to treat your business like a business!
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All content for BiggerPockets Business Podcast is the property of BiggerPockets and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to a real-world MBA, where entrepreneurs guide you through what it really takes to start, scale, and sell your own business. Your hosts: J and Carol Scott, who left careers in corporate management to launch their own house-flipping business. Every Tuesday, you'll meet a new guest and learn actionable tips for hiring, firing, marketing, raising capital and more. So whether you're looking to boost profits or bring a new idea to life, you'll come away informed and inspired. Tune in, and learn how to treat your business like a business!
Show more...
Careers
Business
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96: Starting Successful Businesses with NO Industry Experience with Jeff Fenster
BiggerPockets Business Podcast
1 hour 3 minutes
4 years ago
96: Starting Successful Businesses with NO Industry Experience with Jeff Fenster
There are often standard prerequisites for starting a company. First, you need to go get a degree for a certain field, then you need to find a job that is in that field, then you need to stay in that job for 10 years to gain connections, and finally, you can start a business. Jeff Fenster, serial entrepreneur and founder of Everbowl thought this linear path was a bit outdated. If anything, Jeff thought it was slightly backwards! Jeff planned on becoming a lawyer in college, but once he had his first child, realized that being away from home wasn’t for him. He got a sales job and became the top sales rep in his company. When the company started dangling bonuses over his head, he felt uncomfortable and knew that he needed to start his own thing. He ended up founding a company that directly competed with his former employer, then sold that company, started another, sold that one, started a few more, sold those companies, and many companies later, he started Everbowl, a craft acai bowl and superfood company based out of San Diego. If variety is the spice of life, then Jeff is doing things right! He argues that the best thing you can do is go into a completely new industry, focus on a problem that competitors are overlooking, build systems to make the industry better, and carve out a portion of the market. This strategy has worked well for him as he’s profitably sold and started many different companies. If you want his breakdown on his formula to success, you’ll have to tune in to this episode! In This Episode We Cover: Why industry experience isn’t necessarily a prerequisite for success How “fresh eyes” disrupt stagnant markets and industries What to do before you try and solve a business’s problem  Developing systems that beat competitors for you Addressing the not-so-obvious needs of customers  Focusing on company culture and core values when building a business Leveraging your “relationship capital” for future opportunities And So Much More! Links from the Show Amazon Alexa Blockbuster Netflix Blackberry iPhone Best Buy Amazon Ikea We Build Stuff Neil Patel Udemy Etsy Fiverr Freelancer.com  Check the full show notes here: http://biggerpockets.com/bizshow96 Learn more about your ad choices. Visit megaphone.fm/adchoices
BiggerPockets Business Podcast
Welcome to a real-world MBA, where entrepreneurs guide you through what it really takes to start, scale, and sell your own business. Your hosts: J and Carol Scott, who left careers in corporate management to launch their own house-flipping business. Every Tuesday, you'll meet a new guest and learn actionable tips for hiring, firing, marketing, raising capital and more. So whether you're looking to boost profits or bring a new idea to life, you'll come away informed and inspired. Tune in, and learn how to treat your business like a business!