Kim Perell’s entrepreneurship journey began at rock bottom. In her twenties, she was broke and jobless after being fired from a tech startup that had burned through its funding. With no savings to fall back on, she borrowed $10,000 from her 82-year-old grandmother and started an internet advertising company from her kitchen table. She went on to scale that business to $100 million in annual revenue, sell it for tens of millions, and invest in more than 150 startups. In this episode, Kim shares the execution framework that separates successful entrepreneurs from the rest and how to turn entrepreneurship mistakes into fuel for growth.
In this episode, Hala and Kim will discuss:
(00:00) Introduction
(02:32) Building a $100 Million Business from Scratch
(06:40) Entrepreneurship Tips for Scaling Fast
(10:00) Mastering Execution: The Five Traits of Success
(14:16) How Kim Chooses Startups to Invest In
(17:17) The 70% Rule for Faster Decision-Making
(20:01) Smart Hiring Strategies for Business Growth
(25:55) Facing Business Challenges Head On
(32:04) The Power of Pivoting and Adapting to Succeed
(35:19) Raising Resilient Kids and Future Entrepreneurs
Kim Perell is a 9x founder, serial tech entrepreneur, prominent angel investor, and author of multiple national bestselling business books. She is a leader, innovator, and keynote speaker. Her latest book, Mistakes That Made Me a Millionaire, shares the lessons she has learned from over two decades in business.
Sponsored By:
Indeed - Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/PROFITING
Shopify - Start your $1/month trial at Shopify.com/profiting.
Quo - Get 20% off your first 6 months at Quo.com/PROFITING
Revolve - Head to REVOLVE.com/PROFITING and take 15% off your first order with code PROFITING
Merit Beauty - Go to meritbeauty.com to get your free signature makeup bag with your first order.
DeleteMe - Remove your personal data online. Get 20% off DeleteMe consumer plans at to joindeleteme.com/profiting
Spectrum Business - Visit Spectrum.com/FreeForLife to learn how you can get Business Internet Free Forever.
Airbnb - Find yourself a cohost at airbnb.com/host
Resources Mentioned:
Kim’s Book, Mistakes That Made Me a Millionaire: bit.ly/-MTMMAM
Kim’s Website: kimperell.com
Active Deals - youngandprofiting.com/deals
Key YAP Links
Reviews - ratethispodcast.com/yap
YouTube - youtube.com/c/YoungandProfiting
Newsletter - youngandprofiting.co/newsletter
LinkedIn - linkedin.com/in/htaha/
Instagram - instagram.com/yapwithhala/
Social + Podcast Services: yapmedia.com
Transcripts - youngandprofiting.com/episodes-new
Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Passive Income, Online Business, Solopreneur, Networking