Adam Schafer: Mind Pump Co-Founder on The Mindset That Separates Entrepreneurs Who Win | Entrepreneurship E337

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

YAP Media Network

Education, Marketing, Entrepreneurship, Business, Self-improvement

4.8 • 1.3K Ratings

🗓️ 17 February 2025

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adam Schafer’s childhood was marked by poverty, the tragic loss of his father, and the presence of an abusive stepfather. At just 15 years old, he became an entrepreneur, mowing lawns to afford the life he wanted. By 21, he was already leading a team of fitness trainers despite having less experience. Years later, he co-founded Mind Pump Media, transforming it from a side project into a multi-million-dollar business. In this episode, Adam shares how childhood adversity built his growth mindset and how rejecting a victim mentality fueled Mind Pump’s organic growth and unstoppable success. In this episode, Hala and Adam will discuss: (00:00) Introduction (03:53) From Teen Entrepreneur to Team Leader (09:46) Turning Adversity into Fuel for Success (18:02) How Sports Shaped His Growth Mindset (21:55) Why Vulnerability Drives Business Growth (27:34) The #1 Sales Strategy: Value Selling (31:40) The Key to Monetizing Social Media (35:54) Launching Mind Pump with Total Strangers (42:52) Scaling Mind Pump with Free Content (48:20) The Secret to Lasting Business Partnerships (52:51) Managing Conflict with Partners (57:40) Building Partnerships on Trust and Time Adam Schafer is the co-founder of Mind Pump Media, a multi-million-dollar fitness brand and podcast. Growing up with childhood trauma, including the loss of his biological father to suicide, Adam developed resilience and leadership skills early on. Starting with a lawn-mowing business and later working as a fitness trainer, he co-founded Mind Pump, growing it into one of the top fitness podcasts and companies from the ground up. Sponsored By: Shopify - youngandprofiting.co/shopify Airbnb - airbnb.com/host Rocket Money - rocketmoney.com/profiting Indeed - indeed.com/profiting RobinHood - robinhood.com/gold Factor - factormeals.com/profiting50off Active Deals - youngandprofiting.com/deals Resources Mentioned: The Mind Pump Podcast: mindpumppodcast.com Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting 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, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Career, Productivity, Careers, Startup, Business Ideas, Growth Hacks, Career Development, Money Management, Opportunities, Professionals, Workplace, Career Podcast.

Transcript

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0:00.0	Today's episode is sponsored in part by Factor, Robin Hood, Airbnb, Shopify, Rocket Money, and Indeed.
0:06.5	Eat smart and fuel your wellness goals with Factor. Get started at FactorMeals.com slash Factor Podcast
0:12.3	with Code Factor Podcast to get 50% off your first box plus free shipping. With Robin Hood
0:18.2	Gold, you can now enjoy the VIP treatment, receiving a 3% IRA match
0:22.4	on retirement contributions. To receive your 3% boost on annual IRA contributions, sign up at
0:28.6	robin hood.com slash gold. Hosting on Airbnb has never been easier with Airbnb's new co-host network.
0:36.0	Find yourself a co-host at Airbnb.com slash host.
0:39.9	Shopify is the global commerce platform that helps you grow your business.
0:44.5	Sign up for a $1 per month trial period at Shopify.com
0:48.3	slash profiting.
0:49.8	Rocket Money helps you find and cancel your unwanted subscriptions,
0:53.5	monitors your spending, and helps lower your bills.
0:56.4	Sign up for free at RocketMoney.com slash profiting.
1:00.2	Attract interview and hire all in one place with Indeed. Get a $75-sponsored job credit at Indeed.com
1:06.9	slash profiting. Terms and conditions apply. As always, you can find all of our incredible deals in the show notes or at young and profiting.com slash deals.
1:17.3	I've watched both my parents be hauled off by the cops many times, but I thank them and I love them for the drama and the adversity that we went through because I really do believe it is what laid the
1:28.2	foundation for the skills that I built later on in life.
1:31.7	Adam Schaefer, co-founder of Mind Pump Media and one of the co-hosts of the popular Mind Pump
1:36.7	podcast, extraordinary entrepreneur.
1:39.5	He had a really traumatic childhood, but he didn't stay the victim.
1:43.3	Ain't nobody going to work as hard as I'm going to work at getting good at it or figuring
1:47.2	it out, and that's a superpower.
	...

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