If you are an entrepreneur, thinking of starting a business or interested in podcasting, then this episode may be of interest to you.
In this episode, we speak to James Mulvany, a successful entrepreneur who over the past 10 years, has built multiple internet companies plus a property portfolio and has made a range of angel investments in startups! Having actually never had a job in his life, he started his first business when leaving school. James is the founder of Podcast.co and Radio.co, two companies doing pioneering things in the online audio space.
You can connect with James and find out more about him here:
Social Media: https://jamesm.com/connect
Podcast.co: https://www.podcast.co
MatchMaker.fm: https://www.matchmaker.fm
Radio.co: https://radio.co
The main takeaways from this episode:
Timestamps:
5:22 How James turned two of his interests with passion and creativity into the seeds of what became his success businesses
8:18 For his many successes, James had more failures which he sees as being a crucial part of being an entrepreneur.
9:16 James shares his learnings from his first big setback when a deal with AOL and his first business didn’t go as planned.
15:11 Why it is important to think about what is working and focus on that one thing vs constantly trying to come up with new ideas because you only have so much mental bandwidth to give it your all.
16:25 Why is it really valuable to identify your strengths and weaknesses plus hire people who are way better than you in doing certain things?
18:47 How it’s really important to trust your people, give them autonomy, delegate and let them get on with things.
21:01 The big, fancy, expensive machine in his tech company is his people.
22:57 Our creative ideas from the past are never wasted, they just transform into something more relevant to where you are at any given moment.
28:25 Why is it more important to look at what people's capabilities, their experience and if they would be a good culture fit for your team rather than the qualification when you are hiring talent.
31:22 What are the first steps to start your business or create a new product?
35:15 What are the basic requirements for starting your own podcast and why it's never been a better time to start one?
