Kim Perell in Podcasts
personKim Perell is an entrepreneur and investor known for founding companies and investing in startups.
Mentions in Podcasts
Oh my gosh. Well, you can find me on online, kimperell.com on any social handle. And you can find Junie at drinkjunie.com. You can find my great clean beauty product at kskin.com. All the great investments. I mean, if you've got a great idea and you're looking for an amazing investor, then please reach out to me on either probably LinkedIn, since it's a professional network, would be ideal.
So there's only one question that I ask on every single episode and I've never gotten the same answer before. I'm very intrigued to hear Kim Perel's answer. All right. So many, many, many, many years from now, hopefully it's hundreds of years from now, and it's finally time for Kim to pass away.
Sure. So there's the age old question of balance. You have four children. You have a loving husband. You've got investments. You've got businesses. You've got travel. You've got life. You've got family. You've got friends. Vision board parties. There's so many aspects of Kim. How do you balance it all?
And like, regardless of what people tell you, because when I started my first company, I had $10,000 and people told me I was crazy. The internet is a fad. You know, there's like, get a J job, Kim, this is terrible. Like, seriously, this is not what you should be doing. Now, hindsight, you know, obviously the internet is not a fad. And...
And so we want you to, and what we're both saying is, you do not need to quit your day job. Save up some money, work from the side, work the extra eight hours, work on weekends, and do it from your phone. All right, Kim. On the investing side, you have so many options. Stock market, cryptocurrency, real estate, all these different things you could be investing into.
Our valuation went up, so you made us happy. You did $1.3 million. We're proud of you. But you're going to probably need more money, and you definitely didn't take a salary. Year two, you go crush it. You do $3.6 million. You double the sales. Kim and Dan are happy. We're proud of you. You doubled our valuation again. Woo-hoo! We're proud of you as an entrepreneur. You made nothing.
Let's say Kim and I invest into your company. I put in 250K, she puts in 500K, you got $750,000 into your company. Sounds cool, right? You go out and start your own version of a beverage company, and you go crush it and do $1.3 million in sales the first year. Guess how much you make? It rhymes with zero.
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