Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Entrepreneur and Full Potential Founder James Rick

  • Broadcast in Entrepreneur
  • 1 comment
Chris Treece Show

Chris Treece Show

×  

Follow This Show

If you liked this show, you should follow Chris Treece Show.
h:51068
s:1527061
archived
At the age of 4, James was either going to be a priest or an Entrepreneur. At that age his mother recounts how he sold finger paintings in the drive way, affixing price tags next to each one. His best (and only) customer was his mother who bought them all. His first profitable business was a lemonade stand near their home, which raked in $5 a day. Fast forward some years later, James Rick Stinson was awarded Young Entrepreneur of the Year by Southern Utah Chamber of Commerce in 2001, for starting his first major venture with less than $1,000 at the age of 17. By age 18 he had gotten into as much as $30,000 in credit card and personal debt but somehow managed to get out of it. Over the next 3 years he grew that business to half a million dollars in sales and expanded to build an office in Noida, India where he lived and worked for 3 months before returning to the US. James learned the hard way that you can’t do it all yourself. He had been the top sales person at his company and when he stopped selling to focus on building out the office, things took a turn for the worse. He ended up closing the business a few months later due to losses. “It crashed and burned but I was still alive”.

Comments

 comments