What if your first business fails? Creating a six-figure business from the ashes with Nate Smith
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 28 September 2017
⏱️ 25 minutes
🧾️ Download transcript
Summary
Nate realized after 3 years that his first business wasn't going to earn enough. So he started a second one. After going broke twice along the way, he's built a six-figure agency.
Top 3 Value Bombs:
1. Success does not happen overnight; embrace the fact that it may take time.
2. The worst will come before the successes.
3. Spend your days in a business that you see yourself in for the long-term.
Visit Nate's websites - NateSmithMusic and 8020MarketingGuy
Sponsors:
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Transcript
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| 0:00.0 | What's Shaken Fire Nation, JLD here and welcome to episode 1800 in 3 of EO Fire, where |
| 0:10.0 | a chat with entrepreneurs on fire seven days a week. |
| 0:14.7 | And if you're ready to accomplish that one big goal, check out the Freedom Journal because |
| 0:20.0 | a EO accomplished that goal in 100 days. |
| 0:22.5 | Now let's share with today's featured guest, Nate Smith. |
| 0:26.4 | Nate are you prepared to ignite? |
| 0:29.2 | John, I'm ready. |
| 0:30.2 | Yes. |
| 0:31.2 | I got my fire proof suit. |
| 0:32.2 | I've been practicing stop, drop and roll a week. |
| 0:34.2 | Let's do this. |
| 0:35.2 | Nate realized after three years that his first business wasn't going to earn enough. |
| 0:41.2 | So he started a second one and after going broke twice along the way, he's built a six figure, |
| 0:47.6 | agency. |
| 0:48.6 | Nate, take a minute. |
| 0:49.6 | Fill in some gaps from that intro and give us just a little glimpse of your personal |
| 0:53.1 | life. |
| 0:54.1 | 100%. |
| 0:55.1 | So if you've spoken to me a decade ago, entrepreneurship wasn't even something that was on my radar. |
| 1:02.2 | I'd moved to New York City to be a professional musician and I went to music school. |
| 1:08.9 | And it wasn't until kind of a perfect storm hit me around about 2012 with I was disillusioned |
| 1:16.1 | with the music scene and with the possibilities of making a living, but also doing creative |
... |
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