In this episode of Wisdom for Wannabes, host Jackie Morreale interviews Gary Fails, founder of City Theatrical, who shares his remarkable journey in the entertainment lighting industry. From starting his business in a garage in the South Bronx to becoming a leader in lighting technology innovation, Gary discusses the challenges and triumphs of entrepreneurship, the importance of innovation, and the lessons learned throughout his career. He reflects on the evolution of the industry, the significance of building a strong company culture, and the value of mentorship and collaboration. As he embraces retirement, Gary also shares his passion for learning and personal growth, leaving listeners with valuable insights for their own entrepreneurial journeys.
Full interview with transcript and all the extras at: https://www.wisdomforwannabes.com/gary-fails-entrepreneurship.html
Takeaways:
• Gary started City Theatrical in a garage in the South Bronx.
• He emphasizes the importance of innovation in business.
• Building a strong company culture is crucial for success.
• Entrepreneurship requires a burning desire and commitment.
• Gary's journey reflects the ups and downs of business.
• He learned from his mistakes and adapted to challenges.
• The entertainment lighting industry has evolved significantly over the years.
• Mentorship and collaboration played a key role in his success.
• Gary encourages aspiring entrepreneurs to pursue what they know.
• He is now focused on personal growth and learning in retirement.
Great Quotes:
• "We became known for this."
• "Business is thrilling but difficult."
• "You have to want to do it. It has to be a burning desire."
Chapters:
00:00 - Introduction and Background
03:00 - Entrepreneurial Journey
09:00 - Challenges and Innovations
15:00 - Company Culture and Leadership
21:00 - Advice for Aspiring Entrepreneurs
30:00 - Navigating Industry Changes
40:00 - Personal Reflections and Insights
50:00 - Conclusion and Future Plans
Join Jackie Morreale on the Wisdom for Wannabes podcast, featuring Gary Fills, as they share valuable **business tips** and **business advice** for those eager to dive into the world of entrepreneurship. Gary offers **entrepreneur motivation** as he shares his **success stories**, providing key **business education** and **startup advice** for anyone looking to launch a **startup**.