Brian Scudamore, founder and CEO of 1-800-GOT-JUNK and author of the book WTF (Willing to Fail): How Failure Can Be Your Key to Success, joins our show in this special episode of the Elite Man Podcast! In today’s episode Brian talks about building his business 1-800-GOT-JUNK from the bottom to the top and the many failures he had while doing so. He talks about why failure helped him grow and why he welcomed failure into his life over the years. Brian shares a very unique and powerful perspective on failure and teaches us all how to use this seemingly terrible life occurrence to our utmost advantage, in business and in life. If you’re wondering how to turn failure into success, and perhaps even hundreds of millions of bucks, check this episode out now!
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In our episode we go over:
- Why Brian got into the junk removal business and how he immediately made money doing it
- How Brian grew the business to a massively successful business with hundreds of millions of dollars in revenue every year
- Why Brian fired his entire staff a few years in and why this was so critical to his growth
- The one book that changed his life and the course of his business
- Why he brought in a team of people who complemented his strengths and made up for his weaknesses
- The fact that he and many other successful entrepreneurs have ADD but how they use it to their advantage
- How he goes about hiring and firing people, even some of his best friends
- The toughest part of business and what Brian’s learned about separating business and personal relationships
- Being willing to fail and why this is the key to unbelievable growth
- Coming back from nearly bankrupting the business
- Aligning your vision with that of your team
- Maintaining the entrepreneurial spirit whilst growing and running your company with structure and processes in place
- Balancing this out and how to do it
- Comparing yourself to others and why this can hurt your overall growth in business
- Brian’s vision for his company and why creating a picture of where he wanted things to head was the key to his success
- Having faith that things will work out, no matter how bad they are or how bad they get
- Seeing the good in every bad situation
- Making sure you learn from your failures and the power that failures really provide you
- Making your decisions right, even if they’re wrong in the beginning
- How Brian makes big decisions and the process that he goes through when facing a new opportunity or choice
- The 2-second rule that Brian employs quite often
- Trusting your gut and why it almost always steers you in the right direction
- How failure can be the key to success and why it can be your best friend, despite what you may think about it
- Embracing the inevitable stumbling blocks in life
- How not having failures in your life actually hurts you in the long run
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