Gerard Adams on Defining the Entrepreneur of Tomorrow (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 7 March 2024

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Everyone thought that Gerard was going to fail when he dropped out of college. But what they didn't know is what he lacked in formal training, he made up for in street savvy and a deep understanding of people. He learned fast and worked his way up to becoming a self-made millionaire by the age 24. But when the economy crashed, he lost it all. In refusing to give up, he reimagined his life and career, finding a niche among the millennial community and creating a massive brand that reached over 80 million readers per month. And once his company Elite Daily was acquired for nearly $50 million, he reinvented himself yet again, discovering a passion for cultivating leadership with his social impact accelerator for entrepreneurs, Fownders. Meet the man known as The Millennial Mentor in this episode of Impact Theory with Tom Bilyeu. [Original air date: June 27, 2017]. FOLLOW GERARD INSTAGRAM: http://bit.ly/2sDOAIj TWITTER: http://bit.ly/2sCS7aG FACEBOOK: http://bit.ly/2seF4KT LINKEDIN: http://bit.ly/2sDPeFA WEBSITE: http://bit.ly/1O57JYA YOUTUBE: http://bit.ly/1VHrTvs SNAPCHAT: HelloGerard FOLLOW FOWNDERS INSTAGRAM: http://bit.ly/2rsOY8Z TWITTER: http://bit.ly/2tgvlCv FACEBOOK: http://bit.ly/2rJXdNh WEBSITE: http://bit.ly/2sM4QHB FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu SPONSORS: If you purchase an item using these affiliate links, Impact Theory may receive a commission. This episode is sponsored by Betterhelp. Give online therapy a try at https://betterhelp.com/impacttheory and get on your way to being your best self! Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://drinkag1.com/impact. Right now, download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance - absolutely free, at https://netsuite.com/theory. Head to https://squarespace.com/impact for a free 14 day trial and 10% off your first purchase of a website or domain. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/IMPACT to start your free two-week trial. Take control of your gut health by going to https://tryviome.com/impact and use code IMPACT to get 20% off your first 3 months and free shipping. ***Are You Ready for EXTRA Impact?*** If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. *New episodes delivered ad-free, EXCLUSIVE access to hundreds of archived Impact Theory episodes, Tom AMAs, and so much more!* This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. *****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz***** Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You're listening to the Impact Theory podcast, your source of empowering ideas and actionable
0:05.6	techniques from the world's highest achievers. Join host Tom Bill You, serial entrepreneur and co-founder
0:12.2	of the billion-dollar brand Quest Nutrition, on a journey to unlock your potential and realize
0:17.4	your vision of success. Welcome to Impact Theory.
0:23.1	Hey everybody, welcome to Impact Theory.
0:26.2	You are here, my friends, because you believe that human potential is nearly limitless.
0:31.4	But you know that having potential is not the same as actually doing something with it.
0:34.8	So our goal with this show and company is to introduce you
0:37.6	to the people and ideas that will help you actually execute on your dreams. All right, today's
0:43.8	guest is a college dropout that everyone thought was going to fail. But against the odds,
0:49.1	he turned himself into a self-made multi-millionaire by the time he was 24. Starting from humble beginnings,
0:57.5	he learned fast and built an empire through an unending amount of grit and hustle. What he lacked
1:03.2	in formal training he made up for in street savvy and an understanding of people. He created a huge
1:08.8	online community around stock trading, made some heroic
1:11.9	stock investments himself, was up $20 million just from investing, and simultaneously also
1:18.7	built his own marketing agency into a monster that was doing $10 million in annual revenue.
1:25.4	He had the penthouse in the sky, the bentleys, the Ferraris, he was
1:28.7	traveling the world in style, and then out of nowhere, it all came crashing down. When the
1:37.0	Great Recession hit, he lost it all, everything, but he did not sit in a corner and cry about it.
1:42.6	He checked his ego, put his head down, and shifted back into raw hustle mode.
1:47.0	But this time it wasn't about ego or the money, it was about impact.
1:51.0	And from the ashes, he and two co-founders, in the grips of the recession, began building a new media company for millennials called Elite Daily.
	...

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