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Founders

#181 Paul Orfalea (Kinkos)

May 23, 2021
01:13:23
Snipd AI
Learn about Paul Orfalea's unconventional journey from academic struggles to founding Kinko's, emphasizing the importance of turning disadvantages into opportunities and continuous improvement in business. Explore personal challenges, customer focus, and the emotional journey post-business sale in this insightful podcast.
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Podcast summary created with Snipd AI

Quick takeaways

  • Entrepreneurial success relies on unconventional thinking and customer-centric culture.
  • Prioritizing frugality and employee incentives boosts business growth and nurtures entrepreneurship.

Deep dives

Paul's Unconventional Approach to Real Estate Investment

Paul rapidly buys about two million dollars of real estate in under an hour based on his instinct and student feedback on rental rates near UCSB. He trusts his gut over traditional market analysis, offering prices well above estimates, leading to acquiring four properties from eight he viewed.

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