In this engaging conversation, Tom interviews David Frankel, founder of Perky LLC, who shares his entrepreneurial journey, the challenges he faced, and the innovative solutions he created. They discuss the importance of problem-solving, resilience, and persistence in entrepreneurship, as well as the role of sales experience in building relationships and understanding customer needs. Tune in to hear more of this conversation between two entrepreneurs!
Highlights
01:08 - Starting the entrepreneurial journey.
01:44 - Innovation from necessity: high school invention.
02:29 - The rarity of patented ideas coming to market.
03:41 - Solving the droopy collar problem.
08:29 - The importance of observing problems.
09:41 - Are entrepreneurial skills innate or learned?
11:45 - Emotional intelligence in solving problems.
13:21 - The value of patience and persistence.
14:06 - Teaching children problem-solving skills.
14:56 - The necessity and benefits of failure.
16:54 - The unique drive of entrepreneurs.
18:01 - Sales: A foundation for entrepreneurship.
22:32 - Building relationships in sales.
26:04 - Entrepreneurship lesson: addressing a wide audience.
28:11 - Process from idea to product development.
33:02 - Packaging's role in product marketability.
Episode Resources
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