She Turned $10K Into $20 Million, Then Did It Again with Kim Perell

THE ED MYLETT SHOW

Ed Mylett

Entrepreneurship, Education, Business, Self-improvement

4.9 • 13.6K Ratings

🗓️ 7 August 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Most people wait for permission. But success belongs to the ones who take action without it. This is your blueprint for turning what you have today into the future you actually want. Kim Perell didn’t just build one multimillion-dollar company... she did it TWICE. Starting with just $10K, no safety net, and a baby on the way, Kim turned grit and belief into a business that sold for $235 MILLION. This episode is a blueprint for turning your next big idea into a breakthrough. And we're not holding anything back. I sat down with Kim to talk about the real steps behind her success, what it takes to bet on yourself when nobody else will, how to know if your idea is worth pursuing, and how to become the kind of person who finishes what they start. And I share my own perspective on what separates those who almost win from those who actually DO. Here’s what you’ll take away from this episode: How to use doubt as fuel for success (instead of letting it stop you) The mindset shift that allowed Kim to lead through layoffs, crisis, and billion-dollar decisions How to figure out if you’re meant to be an entrepreneur What happens when you "pick your lane" and what to do if you're multi-passionate Tactical steps to go from idea to execution, even if you feel like you’re behind The truth about failing, pivoting, and starting over without shame Kim also shares the exact moment she quit her job, what pushed her over the edge and how she took the leap before she was ready. This is your roadmap to resilience, resourcefulness, and rising to your full potential. Whether you're just getting started or looking to scale, this episode will show you what’s possible when you DECIDE to bet on yourself. #MAXOUT 👉 SUBSCRIBE TO ED'S YOUTUBE CHANNEL NOW 👈 → → → CONNECT WITH ED MYLETT ON SOCIAL MEDIA: ← ← ← ➡️ INSTAGRAM ➡️FACEBOOK ➡️ LINKEDIN ➡️ X ➡️ WEBSITE Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the admirer show.
0:07.0	Welcome back to the show, everybody.
0:11.0	Today you're going to want to lean in because we're just talking off camera.
0:14.0	I have a legitimate, successful entrepreneur.
0:16.0	I'm talking about not in a small way, but in a big way.
0:19.0	Imagine this.
0:20.0	You take 10 grand, you turn it into 20
0:21.1	million bucks. You have an exit from a company. That company becomes a publicly traded company,
0:25.1	etc, et cetera, et cetera. This woman is the real deal. She has tremendous energy, by the way. But what's
0:32.0	great when you get someone on your show who's not telling you how to do something, they haven't done
0:36.0	themselves. This woman has done these things herself. And what I love about the book is she doesn't just brag about the things she did. Well, it's actually saving you the time from the mistakes she's made, which the book's called mistakes that made me a millionaire. By the way, multi, multi, multi, multi, multi, multi millionaire. And so we're going to pick her brain today.
0:55.8	You're welcome in advance.
0:56.7	This is going to be really good.
0:57.6	Kim Perrell, welcome to the show. Oh, thank you so much for having me. I'm thrilled to be here. Thanks for coming all the way here on your private jet. I appreciate you showing up to my little humble abode today. So thank you. You sold companies worth how much over 100 million, you think?
1:10.3	Last company I sold for 235 million.
1:12.7	That's all?
1:13.5	That's it.
1:14.0	I mean, what are you going to do? Playing small ball. That's unbelievable. What made you decide, before we get started, I'm just curious, you've had all this success. You're raising four children. Is that right? Yeah, four little ones. You met your husband in college.
1:28.2	So you got a big, busy life.
1:30.7	Why would you step in and start writing books and telling people how to do all this stuff?
1:34.4	Why did you decide to do that?
1:35.6	I mean, to be honest, it's actually probably because of my four kids.
	...

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