How I Built a $13.8M/Year Calm Company (3 Actionable Tips)

Summary

The speaker shares his journey as a founder, discussing his ventures including Herb and Founder OS. He emphasizes the importance of marketing, product quality, and systems in building a successful business. The video also highlights the mental health struggles of entrepreneurs and the need for a support system. The speaker advocates for a work-life balance and the creation of an 'automated empire' with strong systems, exemplified by Herb's community of over 14 million. He concludes with the necessity of surrounding oneself with the right team and having clear systems and processes in place for business growth.

Takeaways

• 😎 The speaker is embarking on a journey filled with business meetings and adventures, reflecting his excitement and nervousness.
• 🌟 He runs multiple businesses, including one with a community of over 14 million people, and emphasizes the importance of a strong team and systems.
• 💼 The founder's mission is to help 100 million founders achieve their dreams through proven systems.
• 🚀 He believes in the power of founder-led businesses and the trust people place in the personal brand of the founder.
• 🌱 The speaker discusses the importance of surrounding oneself with people who positively influence one's mental and emotional state.
• 🌑 He acknowledges the mental health struggles that many entrepreneurs face, including himself, and encourages self-care and taking breaks.
• 💡 The success of a business is attributed to great marketing, product, and systems.
• 🛍️ The speaker values obsession with quality and attention to detail in creating products that enchant customers.
• 🤝 He stresses the importance of having a team that is willing to take risks and is committed to the business's success.
• 🌍 The speaker shares his vision of building a business that can run smoothly even in his absence due to strong systems and processes.
• 📈 The importance of having the right people on the team who share the founder's vision and are committed to the mission is highlighted.

Q & A

What is the speaker nervous about doing after 13 years?

The speaker is nervous about going on an adventure that involves skydiving, as indicated by the mention of 'I haven't done what we're about to do in like 13 years' and 'borderline [__] my pants'.

What is the purpose of the speaker's trip to La Jolla and San Diego?

The speaker is heading to La Jolla to meet the founder OS and director of customer success Ben, and then to San Diego for an adventure with the CRO of Herb.

What is the speaker's mission with Founder OS?

The speaker's mission with Founder OS is to help 100 million Founders accomplish their dreams through proven systems.

What is the annual revenue of the speaker's portfolio of online businesses?

The speaker's portfolio of online businesses does $13.8 million of Revenue a year.

What is the speaker's belief about the future of online businesses?

The speaker believes that the future of online businesses is founder-led, where people trust the founder and then the brand.

What does the speaker suggest as a test after any interaction with someone?

The speaker suggests a '30-minute test' after any interaction to see how one's body and nervous system feel, indicating whether the interaction was positive or negative.

What percentage of entrepreneurs suffer from mental health issues according to the speaker?

The speaker states that 72% of entrepreneurs suffer from some sort of mental health issue.

What does the speaker consider the ultimate productivity hack?

The speaker considers rest as the ultimate productivity hack.

What is the speaker's view on the importance of obsession in creating great products?

The speaker believes that great products are built from obsession and attention to detail, with taste being the ultimate competitive advantage.

What does the speaker suggest is necessary for a business to run smoothly without the founder?

The speaker suggests that strong systems are necessary for a business to run smoothly without the founder, allowing for founder freedom and an automated empire.

Who is Yan and what is his role in the speaker's business?

Yan is the person that actually runs Herb, a company that has built the largest cannabis community in the world, and he shares insights on scaling companies and building strong teams.