From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.

Robert Beadles is a Christian, husband, father, and serial entrepreneur responsible for creating major construction service-based business in California. He is responsible for more than 100+ mil – from start-ups, software development, real estate investments, and more.

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Resource

Crypto Beadles – Check out Robert’s website and podcast!

3 Value Bombs

1) All business operations can be reduced to 3 words: People. Product. Profit.

2) In business, it is good to use leverage in some cases; however, you need to have a good business model and profit.

3) Everybody wants success, but nobody wants to work for it. A lot of people just like to make excuses instead of having a serious talk with themselves. Dedicate 14 hours a week to learn and be successful.

Sponsors

HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

RefundsPro: See if you qualify for the Employee Retention Credit! Get started today with a free, 5 minute questionnaire at RefundsPro.com.

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: Hero’s Journey & Major Lessons Learned as a Serial Entrepreneur with Robert Beadles

[1:17] – Robert shares something interesting about himself that most people do not know.

• He has been with his wife since they were 14 years old, and they are still together after 27 years.

[2:09] – Robert shares the highlights of his journey in 3 minutes.

• He met his wife at 14, and he became a father at 17 years old.
• He started on welfare and food stamps, he got into construction and worked his way up to running the company, and from there they created one of the largest construction service companies in California around 2009.
• He took a break and started building a software company.
• In 2011, he started to get into Blockchain.
• He created a YouTube channel in 2017 about Cryptocurrencies, and a company called Monarch Wallet / Monarch Pay
• He is a Christian, husband, father, and business builder.

[4:18] – How do you define success in business?

• Making payroll & covering all expenses.
• All business operations can be reduced to 3 words: People. Product. Profit.
  • People: In business, you need to have an amazing team.
  • Product: Filling needs.
  • Profit: When you got your payroll and expenses covered, and you’re still profitable
• Take care of your customers, and provide them what they want and need.

[9:03] – What is your biggest business failure over the last 25 years, and what did you learn from it?

• When he filled a need that didn’t exist / doing something that he didn’t understand.
• He learned a valuable lesson from that mistake and he never committed the same mistake again. Tune in for the details!

[13:26] – A timeout to thank our sponsors!

• RefundsPro: See if you qualify for the Employee Retention Credit! Get started today with a free, 5 minute questionnaire at RefundsPro.com.
• HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

[16:09] – Robert gives his top 3 most important pieces of advice for entrepreneurial newcomers:

1. Trust in God.
2. Work hard.
3. Have an amazing team and education.

[17:42] – Robert shares his principles for Managing Credit, Debt, and Saving Money in business.

• He believes that you have to pay in cash for everything whenever you can
  • In business, it is good to use leverage in some cases; however, you need to have a good business model and profit to pay it off.

[20:41] – What inspires and helps keep you to be motivated on a day to day basis?

• He is inspired because he loves what he does.

[23:07] – What business ventures are you currently pursuing, and what are your motivations for doing so?

• His motivation is that he loves what he does, he loves to stay busy and productive, and he loves to add value and purpose to other people.
• He is currently pursuing the following business ventures:
  • Construction Service Company – one of the largest in California
  • A Real Estate company
  • Splash Factory – a software development company that creates applications.
  • Memory Tags – the world’s first greeting cards that allow you to put pictures or videos into the paper greeting card
  • Monarch Wallet- the world’s best essentialized Cryptocurrency wallet.
  • Monarch Pay – allows merchants to accept payments via Stablecoins and Stabletokens.
  • Crypto Beadles – an education platform.

[25:40] – Robert’s parting piece of guidance

• Everybody wants success, but nobody wants to work for it. A lot of people just like to make excuses instead of having a serious talk with themselves. Dedicate 14 hours a week to learn and be successful.
• Crypto Beadles – Check out Robert’s website and podcast!

[28:51] – Thank you to our Sponsor!

• HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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