Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Risks I Took to Grow My Business (Including Smuggling!)

Apr 14, 2025
Entrepreneurship is a thrilling challenge filled with unexpected twists. Learn how shipping nightmares and retail surprises shaped a successful business expansion in Canada. Discover the importance of creative problem-solving and the need to pivot quickly when obstacles arise. Embracing mistakes becomes essential on the road to growth. Ultimately, building a business around personal freedom leads to greater satisfaction and adaptability. Tune in for exhilarating insights from the trenches of entrepreneurship!
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ANECDOTE

Canadian Distribution Breakthrough

  • Our product unexpectedly grew popular in Canada, creating cross-border shipping challenges.
  • We used a friend in Canada to receive bulk shipments and ship locally, avoiding tariffs.
ADVICE

Solve Retail Challenges Fast

  • When unprepared for retail, ask retailers what they need and find solutions.
  • Use resources like Google to quickly solve new business challenges.
ANECDOTE

Craigslist Driver Smuggling Tale

  • We had trouble getting large shipments across the US-Canada border due to regulations.
  • To work around it, we hired a local driver to transport goods across the border personally.
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