Why You Shouldn't Do Business With Friends — Real Chalk #84
Barbell Shrugged
Doug Larson
4.7 • 2.8K Ratings
🗓️ 16 July 2019
⏱️ 114 minutes
🧾️ Download transcript
Summary
Barrett has a background in the military in a tiny special forces group called CCT. Originally enlisting with a dental assistant job, he quickly realized that his personality type was closer to the special forces people he had met while he was in. As soon as he could, he signed up for the qualification and process and did whatever he had to do to make it in this elite group.
Once the military was over for him, that personality type and drive eventually propelled him into a successful business in the clothing industry with a brand called "NFQ."
Not having much experience in business and partnering up with a friend with nothing more than verbal agreements eventually led him into a few problems as the business grew...
A lot happens in a small Window of time and Barret shares his experience throughout the entire ordeal. As well as sharing what he wish he would have done differently along the way.
This is a great listen for anyone looking to get into business!
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Shrugged Collective is a network of fitness, health and performance shows that help people achieve their physical and mental health goals. Usually in the gym, but outside as well. In 2012 they posted their first Barbell Shrugged podcast and have been putting out weekly free videos and podcasts ever since.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | What's up guys? It's Tuesday coming at you with another new episode this time |
| 0:04.2 | We're gonna get super super into the whole business vibe |
| 0:07.1 | So my man bear at my colleague was part of a brand called NFQ never fucking quit |
| 0:12.4 | Maybe you guys have heard of it. Maybe you haven't they had a big following on Instagram. They're doing really well and |
| 0:17.8 | I think you know |
| 0:20.0 | There was some red flags along the way what was kind of going on between him and his partner and a little couple things that happened a |
| 0:25.4 | Little bit later on that were not so cool and a lot of these things can happen or can happen depending on if you have some stuff and writing |
| 0:32.3 | Which everybody should do and we talk about that during the show |
| 0:36.4 | But I think it's really cool to listen to the whole story |
| 0:40.0 | We've talked about his backstory when he was in the military and get a little bit more information on him before we go into the whole business |
| 0:46.4 | Thing and then kind of talk about his relationship with his partner what went wrong |
| 0:50.6 | What he would have changed what he would have done differently now going into a new business |
| 0:54.2 | Which he's which he's starting now as we speak and it's just a really great episode to just learn a bunch of stuff about business |
| 1:02.1 | Especially if you plan on going into business at any point or you're in business right now |
| 1:06.2 | You don't have a lot of things kind of set in stone or in writing or anything like that |
| 1:10.0 | So it's it's really really easy to mess all this stuff up and in the longer I've been in business |
| 1:14.8 | I concur with a lot of things that are happening and |
| 1:18.6 | Luckily on my side I had a business partner who was just super all about paperwork and lawyers and all that stuff |
| 1:24.2 | So I never had to deal with what Barrett had to deal with in this particular scenario, but a lot of people do all the time so |
| 1:31.4 | Get excited for this episode you're gonna hear a little bit about NFQ |
| 1:34.9 | You're gonna hear a little bit about Barrett in his personal life story |
| 1:37.2 | He's got a good amount of followers out there that love his his following so |
... |
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