BONUS Ep. 1319 Your New Business for 2019: What to Do and What to Avoid
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 12 January 2019
⏱️ 42 minutes
🧾️ Download transcript
Summary
Steve Clayton was a vice president at LabCorp, where many of us have gone to have blood work done, and took a chance: he left it all behind to go out on his own as an entrepreneur. The gamble paid off magnificently. Today we compare notes on what works and what doesn't, and the features your online business should have to maximize your likelihood of success.
Show Notes for Ep. 1319
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Transcript
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| 0:00.0 | The Tom Woods Show, episode 1319, bonus episode. |
| 0:04.0 | Prepare to set fire to the index card of allowable opinion. |
| 0:08.5 | Your daily dose of liberty education starts here, the Tom Woods Show. |
| 0:15.0 | Everybody, Tom Woods here talking to my friend Steve Clayton today. |
| 0:18.2 | This guy had the life. |
| 0:19.9 | He had everything just the way you'd think you'd |
| 0:22.2 | wanted. He was a VP at Lab Corp, which of course, many of us have visited to get blood drawn and have |
| 0:28.7 | testing done. And then he decided that it was not fulfilling and it was not what he wanted to do. |
| 0:34.8 | And he was still in the rat race and it wasn't worth it. And so he took a gamble |
| 0:40.2 | and decided to drop out of that and become an entrepreneur. So that is some serious risk taking. |
| 0:46.4 | And it really, really paid off for him. And he now has many years of experience with not just |
| 0:52.9 | e-commerce, but a lot of different online business models. |
| 0:56.1 | He's had a lot of success with them. And here we are in January 2019. I thought it was a good |
| 1:01.6 | opportunity to talk to him about what works, what doesn't, what kinds of factors you want to |
| 1:07.7 | look for in the kind of business you should start. And it so happens that a |
| 1:12.1 | number of the factors that Steve and I have talked about happen to be ones that are present in some |
| 1:17.1 | of the things I do. But that's just because I fell, you know what, backwards into it. I didn't |
| 1:22.4 | realize I was doing the right thing. I was just groping around, and I happened upon a combination of factors that worked |
| 1:29.1 | really well. So I want to talk to him about what works, what doesn't work, what factors tend to |
| 1:35.0 | lead to success, what things tend to hold people back, because this sounds like I'm describing my |
| 1:40.2 | life here, because I was held back for a long time time too. So anyway, lots to talk about with |
| 1:44.5 | Steve. Steve, welcome back. Well, thanks, Tom. Time for our annual talk about online business stuff. |
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