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cover of episode The Risks I Took to Grow My Business (Including Smuggling!)

The Risks I Took to Grow My Business (Including Smuggling!)

2025/4/14
logo of podcast Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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Entrepreneurship is a wild ride—you think you’re scaling smoothly, and BAM! A curveball hits. That’s exactly what happened to me. In this episode, I share the unexpected challenges my business faced when it took off in Canada and how we problem-solved on the fly. From shipping nightmares to retail opportunities that forced us to think on our feet, this journey taught me that growing pains are part of the game. The key? Stop overthinking, take action, and learn as you go!📌 Key Takeaways✅ Growth brings challenges – More sales, more problems. But that’s a GOOD thing!✅ Creative problem-solving is key – Google is your best friend.✅ Think fast, pivot faster – When one solution fails, find another.✅ Mistakes are part of the process – The sooner you embrace them, the faster you grow.✅ Entrepreneurship = Freedom – But only if you build your business around your life, not the other way around📌 Chapters00:06 – Growth is amazing... until the challenges hit00:43 – Canada takes off! But wait—duties, taxes, and shipping headaches01:30 – Creative distribution: Find a friend, ship in bulk, and dominate02:50 – A major retailer wants in... but we weren’t ready!04:15 – The border nightmare: How a Craigslist driver saved (and almost sank) us05:48 – The hard truth: Doing things the right way takes time07:30 – Lessons from the trenches: Stop overthinking and start DOING08:41 – The real reward: Freedom over everything