Ep #134: Kent Clothier – Lessons Learned on the Entrepreneurial Roller Coaster

As an entrepreneur or someone who dreams about starting a business it can be really hard to face the inevitable setbacks and failures that occur along the way. Kent Clothier joins us on this episode to share some lessons he’s learned and wisdom he has gained along the way of his entrepreneurial roller coaster of a career. He provides a refreshing perspective on failure and humility that is a massive game changer when it comes to starting and running businesses.

Kent talks about growing up as part of a family business and how that affected his thinking and lit the entrepreneurial side of him early on. He ran a 50 million dollar per year company at just 23 and a 2 billion dollar per year company by the time he was 30. Despite his early success, he talks about how he is actually grateful that he lost it all and was forced to learn some pretty hard lessons in order to get back to where he is today.

[powerpress]

Minute Markers:

2:18 – All about the entrepreneurial Clothier family and how he got started so young.
4:16 – His greatest lesson and how he lost everything at 32.
5:58 – Don’t chase money – Make it about vision and impact.
7:50 – Stay as humble and gracious as you can throughout the process.
8:00 – Don’t be afraid to fail – There’s no point in thinking small.
10:00 – Rewiring the brain to think like an entrepreneur.
11:10 – Education vs. experience.
13:28 – Why real estate is a great vehicle for helping people find freedom.
15:40 – Kent’s vision for the next few years – On a mission to wake 2 million people up.