093 | Jason Reid | How I Survived Thirteen Business Failures

In today’s show, Chris interviews Jason Reid, Co-Founder, National Services Group. Once homeless, how did Jason manage to evolve into a successful serial entrepreneur? He reveals his life journey, and his most crucial learnings from his successes, and more importantly his failures.

This show starts with Jason recalling his life as a teenager. Like many of us in our formative years, he had little direction and was lacking work ethic. Jason makes some honest admissions about his wayward ways in this segment of the show.

Next, Jason shares how he arrived in California, homeless and broke, and ended up working for Mark Moses, President, Student Painters. This proved to be a life-changing moment for Jason as he eventually ended up as owning this business with his good friend, Spencer. 

Along with his painting business, Jason also owns businesses as diverse as software, high-ticket coaching, and construction. In this segment of the show, Jason reveals how he managed start many different businesses throughout his entrepreneurial career. 

Particularly, listeners will get some important lessons on how to deal with failures. Failures, Jason shares, are inevitable in an entrepreneur’s life. In Jason’s own words, “My life is a graveyard of mistakes with a couple of big wins”. So, how did Jason find the fortitude to carry on even after failing THIRTEEN TIMES? In this segment, listeners will also learn how to manage partnerships, particularly in difficult times. How can partners avoid piling the blame on each when things go south? 

Here, we also make some interesting comparisons between entrepreneurship and going the corporate route. In the long run, are you better off settling for a stable corporate job? Jason gives listeners a reality check and shares why entrepreneurship might not be for everyone.

Towards the end, we share some key attributes that define leaders and businesses of tomorrow. Jason is particularly critical of the current trend where loss-making businesses continue to raise piles of money. Is this phenomenon sustainable in the long term?

Tune in for some excellent nuggets!

 

Resources:    

Student Works 

Chris Thomson LinkedIn

Chris’s Email

Apply to the Student Works program

EmpireWorks

National Services Group

CEO Coaching International

Mark Moses’s LinkedIn

Business is Easy by Jason Reid

Jason Reid’s LinkedIn