#86: Zion Kim
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This week on the show, Zion Kim joins me to talk about getting into entrepreneurship, overcoming burn out, sharpening your skills, growing your business and people’s relationship to their work. I also shared how I’ve been spending my week and how I’m having more time reflecting and being in creative mode. It has been super exciting coming up with tons of business ideas. I have realised that I am best utilised when I am being creative and visionary. Topics: The biggest reason why Zion and his fiancé moved to Austin is because they wanted to start a family. How his housemate who went to a military academy inspired him to want to do something big Their house being raided by the police and how he ended up in the jail His realisation while being in jail and how he started his first business after he got out Appreciating how one properly runs a business and developing a lot of compassion for other entrepreneurs Having a hard time asking for help because of the little knowledge he knows Started learning social media and how it helped the business to survive Growing his business and network, understanding what mentorship really meant Having a lot of failed company and how he completely burnt himself out Feeling depressed and losing his confidence as an entrepreneur Started a digital agency just to keep on getting better at the skill and competency of digital marketing Sharpening his skills by working with various million dollar companies We don’t received challenges that we are not ready for. The only reason why we received them is for us to have a deeper level of empathy for other people and be able to lift them up and walk together. Taking care of yourself first so that you can then think about taking care of others Completely removing “sacrifice” from the vocabulary and the core values in his company because the moment one is sacrificing, it means someone has to lose. Importance of entrepreneurs doing what they care for Letting purpose find you through action Victim vs responsibility The difficult part of the process is how much you are willing to step up to the things you don’t want to see 3 biggest mindsets for people transitioning into entrepreneurship One reason companies don’t grow is that they are not super clear on who it is they want to serve, the problem they want to help them with, and the outcome or solution that’s tied to that problem. Launch the product and serve the people really well If you want feedback, ask for money. If you want money, ask for feedback. 2 foundational reasons of Imposter syndrome The best entrepreneurs are the ones who find the opportunity and then find the right people to solve that problem with them. Misalignment of our own personal values causes our depression. More about Zion Zion is the CEO of 1MT and the co-creator of the R.O.I. Method and the founder of Project Nuclear. He was kicked out of business school his freshman year and has since started six, 6 and 7 figure companies, two of them while still an undergrad. His company 1MT is currently on a mission to support 1 million entrepreneurs to 7 figures and beyond to add a trillion dollars to the global economy.
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