Ep.206 ~ High School Dropout to Building Multiple 6-Figure Businesses ~ Derek Pankaew
~ Current Series ~
100 Interviews in 100 Days w/ Entrepreneurs Running $100k Businesses
On today’s show, we have a really interesting story. Most entrepreneurs see entrepreneurship as a sense of freedom. In fact, freedom is one of their highest values. The idea to build something that is yours, make your own decisions and be independent of a boss. Today we chat with Derek Pankaew. Derek is a serial entrepreneur in the truest sense of the word. He has built multiple businesses from different countries around the world, one of his most recent selling t-shirts using only Facebook Ads and selling $600,000 in only 9-months.
But guess what Derek is doing now? He’s got a job! No, not because he went broke, but because he wanted to. You see, Derek has a vision to build numerous multi-million dollar companies in his life. He really wanted to learn how to build a $100 million business. So he found a successful startup, moved to New York and landed a job to learn exactly how things are ran.
It’s a great show and one that opened my eyes as a path for the typical entrepreneur.
02:08: Derek’s Story
03:45: Should you Attend University if You Want to be and Entrepreneur
07:25: Why Have You Built So Many Businesses Derek?
09:03: Derek On Team Building for Multiple Businesses
13:03: How Derek Created a $600,000 T-Shirt Business Using Facebook Ads
18:55: The Downfall of the $600,000 T-Shirt Business
21:50: Derek On Facebook Ad Marketing
26:16: A Business That Could Use FB Ads for Quick Success
27:24: Using FB Ads to Direct to Webinars and High Ticket Items
28:10: After All This, Why Would Derek Get a “Real Job”?
“I think I probably would make more money if I would have just picked Amazon and just learned everything about Amazon, and then just rinsed and repeated. But, I think I would be really bored.” Derek Pankaew