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The James Altucher Show

556 - How 30-years of Passion Turns into a Business with Bill Glaser

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 5 March 2020

⏱️ 60 minutes

🧾️ Download transcript

Summary

The macro formula for building a business with meaning looks like this: real relationships + belief + combining experiences + fixing a problem + adaptability + (I could keep going). But these are just words. Bill Glaser, founder of Outstanding Foods and my new favorite vegan snack (pigless pork rinds) has stories. He’ll tell us how convinced a handful of strategic investors to say “yes” all at once, partnered with Snoop Dogg, found a hole in the market and turned it into an opportunity & more. Guest quote: “Belief doesn’t mean having tunnel vision. Belief means adapting” - Bill Glaser Links and resources: Go pig out! Bill is giving The James Altucher Show listeners a discount. Check it out at PigOutWithJames.com. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to “The James Altucher Show” and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.4

This is the James Altiger Show.

0:09.4

Today on the James Altiger Show.

0:15.7

You know, belief doesn't mean having tunnel vision.

0:17.8

Belief means that if you believe in something, you're able to course correct, you're able

0:22.0

to adapt.

0:23.0

That's also one of the biggest skills of an entrepreneur is to adapt and not just be locked

0:28.1

into one way of doing it.

0:29.4

And so, you know, hearing that feedback is one of the greatest things you can get as

0:32.7

an entrepreneur.

0:33.7

But how do you deal with like doubt?

0:35.5

So for instance, if you run down a bad road in product development or if you hit a bunch

0:40.9

of stores and you're just like, ah, we don't like it.

0:43.4

It's not for us.

0:44.5

Like, and then you start to really, you know, because you've given them status just

0:49.2

by the fact that you're pitching them or, you know, a bunch of focused groups says, ah,

0:53.0

we don't really like this food.

0:54.4

Like, so again, you're giving status to some group and you have to, you have to reason

0:58.1

to be handled their criticism, but it could cause doubt.

1:03.0

Even though this is something you've believed in for decades and you've built it up perfectly,

1:08.2

doubt must occur.

1:09.2

And how do you, sometimes doubt you can't just pivot.

...

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