Wake Up with Chris Donnelly
7: How to Start Your Business with No Money, Find Your First Customer & Sell Like a Pro – Simon Squibb
Jan 30, 2025
Simon Squibb, a visionary entrepreneur and mentor, shares his inspiring journey from homelessness to building a successful business empire. He dives into the biggest challenges he faced, including turning failures into opportunities. Simon offers actionable strategies for finding your first customer and mastering the art of selling. He emphasizes the importance of community, kindness, and authenticity in business and inspires listeners to pursue their dreams without needing significant funds. Plus, he’s celebrating his new book with an exciting giveaway!
01:19:38
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Quick takeaways
- Entrepreneurship is often misperceived as incredibly difficult, yet understanding realistic failure rates can empower aspiring business owners to pursue their dreams.
- Building a successful business requires not only individual effort but also a strong community that fosters collaboration, support, and shared knowledge.
Deep dives
Misconceptions About Entrepreneurship
Many people hold the belief that entrepreneurship is inherently difficult, with a common myth stating that 90% of businesses fail within their first year. This statistic is misleading; in reality, only 23% of businesses fail in their first year, contradicting the narrative that often hinders innovation and discourages potential entrepreneurs. This false narrative perpetuates the notion that working for someone else is easier, yet the struggles often found in traditional employment can be far more taxing. The conversation stresses the importance of understanding the realities of entrepreneurship, empowering individuals to pursue their ideas without the undue weight of pervasive misconceptions.
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