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Entrepreneur Stories 4⃣ Inspiration

210: Making $10MM Net Profit in 1977 Semiconductors, to Computer Store Bankruptcy, & Bouncing Back with Bel Air Internet | Terry Koosed ⭐

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.72K Ratings

🗓️ 26 April 2021

⏱️ 131 minutes

🧾️ Download transcript

Summary

Terry Koosed is the Founder of Bel Air Internet, a Los Angeles based Internet Service Provider, and a leading authority on successful entrepreneurship. He has founded and successfully run seven companies in the high-tech industry during the past 40 years, sometimes concurrently, and is what some would call, a serial entrepreneur. Listen to Part II, right now: How Exceptional Customer Service made Bel Air Internet a Leading Provider (A Continuation of EP 210). This Episode is Sponsored By: You might think stable, enterprise-ready cloud infrastructure like Oracle is out of reach for your new company, but Oracle for Startups was made just for you. Oracle wants to help you land those big customers so they’re offering preferred pricing on enterprise cloud for startups, free cloud credits, and 70% off their cloud services. Visit: millionaire-interviews.com/oracle Are you looking for a safe investment vehicle that hedges against inflation? Well, one of our Loyal Patreon Members, Mr. Jonathan Tuttle, runs Midwest Park Capital which is a real estate fund that helps savvy entrepreneurs with this very issue. Learn how you can passively invest in one of the Safest Real Estate Assets over the Past 50 Years! Visit Midwest Park Capital at: millionaire-interviews.com/MWPCapital BKA Content, a writing agency with 10+ years of experience now offers a monthly subscription that will do it all for you. They offer different sized packages depending on how many blogs per month you like and you’ll also have a dedicated account manager that will do all your keyword research, topic creation, and blog writing. If you sign up right now, you can get up to one month worth of blogs for free, go to: millionaire-interviews.com/BKAContent Carole from Malaysia became a Patreon member because she liked Austin’s interview style and she has the opportunity to have her one-on-one call to learn valuable business ideas. Sign up and become a Patreon member today, go to: millionaire-interviews.com/patreon Go check out our very special Patreon Q&A Episode... Doggie Style: A Peek from Behind... Our Route 66 Road Trip. Become a Patreon member by going to: millionaire-interviews.com/patreon Paul’s favorite Patreon episodes were the two super awkward but very entertaining interviews. If you want to listen to these interviews that turned bad, sign up to become a Patreon member by going to: millionaire-interviews.com/patreon Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon. 😀😎😍 *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit our website: Terry Koosed. *** Support this Podcast via Patreon Feedback? Questions? Comments? We would love to hear from you! Hollar at us via: Facebook Group (@MiPViPs), or Twitter (@acpeek or @millionairepod), Instagram (@millionaire_interviews), LinkedIn (@austincpeek), Facebook (@millionaireinterviews), or Email: [email protected]. 😎😍😀

Transcript

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0:00.0

On the previous episode, I read feedback from Fruical Freddy and a lot of you have been

0:06.7

asking, how can I support the podcast?

0:10.0

And by a lot of you, I mean my mom and dad, they reached out to ask how they could support

0:14.7

the podcast.

0:16.2

Well in addition to being a Patreon member, mom and dad, I've also set up an only fans

0:21.4

account so you can follow me over there.

0:24.4

My username is BizBoy69, that's B-I-Z-V-O-I-6-9.

0:33.9

And I'm showing everyone my big business secrets over there so you don't want to miss out.

0:40.4

And thanks mom and dad, without your support, people like Fruical Freddy couldn't access

0:44.5

this awesome free interview they're about to listen to right now.

0:49.2

I know Freddy thinks you too.

0:51.4

So now on to this awesome interview with Terry Kooz said,

0:55.4

Oh my God, Bedlam breaks out in the room, one of the DTVXF's comes over me, Sataria,

1:02.5

you might have to leave and it's like, for what?

1:05.1

What did I do?

1:06.5

Well, I literally got F-scorted out.

1:09.8

So in 1979, we closed our year at almost 40 million in revenue with $10 million net

1:16.7

profits.

1:17.7

Now, when you think about 10 million net profit in 1979, that's equivalent today of 30

1:23.8

million.

1:24.8

And this is two years into it.

1:26.7

So at the time, I'm thinking my goodness, I'm the golden boy.

...

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