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“When you're so deep into one thing, you can't put small things into perspective anymore. Exiting from being too deep into your business allows you to better deal with hurdles.” - Mario Nawfal Welcome to another week of Tactical Leader! In today's episode, I welcome Mario Nawfal to talk about the incredible businesses and empires he's built, how to deal with setbacks, and staying motivated in spite of failure. Founder of the Athena Group of Companies, a business conglomerate that operates in more than 40 countries, Mario started his first business with $300 in the bank selling blenders door to door. Through unconventional marketing techniques, efficient logistical systems, and a team of global contractors, he propelled Froothie to $1m in year one and over $10m in year two, all bootstrapped. Since then Mario launched multiple ventures into the millions, all bootstrapped, including an events business, a FinTech consulting firm, a marketing agency, and multiple ecom businesses all while surviving a massive scam, various black swan events, and all the ups and downs of entrepreneurship. He continues to launch new companies, is a partner at a law firm, and is the founder of a VC fund. In 2021, Mario decided to begin documenting his journey and helping other entrepreneurs at no cost, all while traveling the world pursuing his hobby dancing Bachata. The journey & the hustle continues with the biggest daily room on Clubhouse and a rapidly growing community of entrepreneurs and business owners [00:01 - 05:28] Opening Segment If you have a platform and you want to create content that DELIVERS, go over to http://knightly.productions (knightly.productions)! I introduce Mario to the show Mario shares his background and story Starting his multi-million dollar business out of nothing and creating unconventional marketing techniques, efficient logistical systems, global contractors, etc. His diverse background, hobbies, and interests Who you are in business doesn't have to be who you are in real life In the entrepreneurship space, people develop a slightly different personality to fit the requirements of whatever business you're launching Before listening to advice, first, understand yourself and then understand what it is you're trying to achieve [05:28 - 14:38] Dealing with Our Strengths and Weaknesses As Mario was developing himself, he would focus on his weaknesses to build the person he is today Turning weaknesses into strengths Work-life balance Using the fun part of work to balance out the stressful aspects How Mario is able to lead in the midst of struggle Undergoing multiple setbacks at once; getting scammed, losing his platform, health issues, personal tragedies In life, we will all undergo punches. A stoic mindset just makes it a lot easier to take those punches How to learn to pivot and use setbacks as the next steps [14:39 - 22:48] How Mario Stays Motivated Momentum and Growth Keeping everything in perspective When you're so deep into one thing, they can't put themselves into perspective anymore. Exiting from being too deep into your business allows you to better deal with hurdles The success you experience now, is due to your actions in the past Plant those seeds now The more seeds you plant, the ‘luckier' you are [22:49 - 26:34] Highlights and Lessons Mario Has Learned One of Mario's early mistakes was not having a mentor Find a mentor that knows what they're talking about and is self-aware and humble Learning from your network and connections [26:35 - 30:25] Closing Segment The legacy that Mario wants to leave behind To die in peace, knowing that the people around him are okay Closing words Key Quote/s: “Who you are in business doesn't have to be the same as who
Born in 1960, Jesus Ruiz Henao grew up poor, but wanted to be rich like the drug dealers he saw growing up in the cocaine-producing region of Colombia’s Valle of the Cauca. To realize his ambition, Ruiz Henao moved to London, United Kingdom, in 1985. There he and his wife settled in the quiet suburb of Hendon, where he held down mundane but respectable cleaning and bus driving jobs. At least to outward appearances …Actually, Ruiz Henao kept a low profile while he built a wide-ranging drug distribution network that extended from Colombia to Spain and Europe and to the United Kingdom. For years, he stayed one step ahead of law enforcement, making more than a billion pounds over a ten-year period.However, it was a risky business with law enforcement on one side and ruthless competitors on the other. By the summer of 2003, Ruiz Henao decided to get out of the drug business. But he finally made the one mistake that would get him caught. It cost him a 17-year prison sentence, with more tacked on when he tried to make one last deal from behind prison walls. THE REAL MR. BIG, co-written by Ruiz Henao with bestselling author Ron Chepisiuk, is the story of how an ambitious Colombian immigrant set up a sophisticated drug trafficking enterprise that earned him law enforcement’s description as “the Pablo Escobar of British drug trafficking.”From the Book:Ruiz Henao: “After reflecting a long time, I decided to get out of the business. The police were on to me. I spoke to my boss Sergio in Colombia and my friends there, telling them that I was getting out because of the heat that was on me.”He paid off his closest associates and thanked them for working for him. He took a nice holiday in the Caribbean, and when he returned, he hoped to relax and enjoy his retirement.“I made millions of pounds in the drug trade, but money had become less important to me. I had worked hard to make the money, but now the most important thing in my life was to spend time with my wife, son, and daughter. My pursuit of money cost me a good part of my life. Money can make you crazy and do stupid things. When I first started in the drug business, my goal was to make a million pounds, and I did. So l said to myself: ‘I am going to carry on until I make ten million pounds.’ I made that amount. At that point, I could buy a mansion, a yacht, pretty well anything, but I said to myself: ‘Why stop now?’ I then made fifty million pounds.“At that point, I wanted to say to myself: ‘Enough.’ I had more money than I could ever possibly spend, and it was becoming a headache handling it. I could get out of the drug trade easily. I didn’t have real enemies, so I could leave the drug trade and not be an easy target for anybody.“I had no idea that Fernando Carranza Reyes had become a police informant, but I kept noticing that I was being followed by different cars. The next day, I called my brother-in-law Mario to meet me in a park near Baker Street. As we normally did when we traveled to a meeting point, we used public transportation.”As Mario got off at the bus stop, a female brushed him and planted a microphone in his jacket. When we met, we started to walk around the park and talk about many things, unaware that the British police were watching and listening to everything we were doing. I said to Mario: ‘Listen, Mario, at the end of the day, I don’t worry about the millions of pounds we have lost. That’s easy to recover. But the last thing I want to do is to go to prison.’ Information from that conversation became one of the strongest pieces of evidence against me in court.“After we were done talking, we went to a car dealership to buy a car. That’s when we noticed a van with a lot of antennas following us. We immediately knew it was the police, so we went back to our homes.“My boss and friends accepted my leaving the drug business, but some of my contacts in Spain started to put pressure on me, telling me that it was an excuse because I didn’t want to work with them anymore. Some of them started threatening me, saying that they would do whatever necessary to get me killed. They warned me never to change telephone numbers or to leave them without any contact. They called me every day. The police managed to identify my numbers and intercept and record all the calls they made to me. “I told Beto, Wilmar, and Tito that I was out of the business and to lose all contact with me because I was under police radar. Beto and Wilmar listened to me and stayed out of the cocaine business, but Tito continued in the business with a Spanish contact. One day, while he was meeting the Spaniard and unloading fifty kilos of cocaine from a lorry into his car, Tito was arrested. He was sentenced to fourteen years in prison. I was totally unaware of Tito’s drug business at the time, but later it was all linked and used as evidence in my court case.”Jesus had stopped drug dealing. He felt he had exited at the right time. But then he made a stupid mistake.THE REAL MR. BIG: How A Refugee Became The UK's Most Notorious Cocaine Kingpin • WildBlue PressSupport this show http://supporter.acast.com/houseofmysteryradio. See acast.com/privacy for privacy and opt-out information.
Mario started his story as a performer. As soon as he was able to walk he was sneaking into the waiting room of his fathers chiropractic clinic and putting on shows for the patients who were waiting. Everyone loved his shows…except for the staff who grew tired of seeing the same renditions of Dumbo, Willy Wonka and The Chocolate Factory, and The Wizard of Oz over and over again. After high school, Mario pursued his second love in life with the goal to change people’s lives using it as a medium—food. He was a very successful chef for nearly six years before the intense calling of working more closely with others was too loud to ignore. He left the kitchen and started his own business, ironically out of his fathers chiropractic clinic, coaching people to reach their health, wellness, weight, and mindset goals. As Mario operated this business he was also spending every available second studying mindset, psychology, personal growth, spiritual development, and more to apply what he learned to his own life and to more importantly be able to serve others at a deeper more profound level. Mario has authored two cookbooks geared toward healthy living and has also authored a third book centered around achieving personal and business success. Mario has appeared on TV over 50 times promoting his books and business and has been a featured speaker for numerous groups, events, schools, and corporations. He also hosted his own live radio show for about three years, which was also recorded and turned into a podcast with its own exclusive spin-off podcast: https://marioporreca.com/category/10-minute-mindset-podcast/ See omnystudio.com/listener for privacy information.
Mario started his story as a performer. As soon as he was able to walk he was sneaking into the waiting room of his fathers chiropractic clinic and putting on shows for the patients who were waiting. Everyone loved his shows…except for the staff who grew tired of seeing the same renditions of Dumbo, Willy Wonka and The Chocolate Factory, and The Wizard of Oz over and over again. After high school, Mario pursued his second love in life with the goal to change people’s lives using it as a medium—food. He was a very successful chef for nearly six years before the intense calling of working more closely with others was too loud to ignore. He left the kitchen and started his own business, ironically out of his fathers chiropractic clinic, coaching people to reach their health, wellness, weight, and mindset goals. As Mario operated this business he was also spending every available second studying mindset, psychology, personal growth, spiritual development, and more to apply what he learned to his own life and to more importantly be able to serve others at a deeper more profound level. Mario has authored two cookbooks geared toward healthy living and has also authored a third book centered around achieving personal and business success. Mario has appeared on TV over 50 times promoting his books and business and has been a featured speaker for numerous groups, events, schools, and corporations. He also hosted his own live radio show for about three years, which was also recorded and turned into a podcast with its own exclusive spin-off podcast: https://marioporreca.com/category/10-minute-mindset-podcast/ See omnystudio.com/listener for privacy information.
Hosts Tracy Swain and JaVonne Williams are joined by Mario Golden. Mario Golden is the President and Broker of Record of iList Realty. He is a native of Central Florida and an active member in the Central Florida communities. Mario also serves as Dean of students at iList University. In today's episode, Mario shares with our listeners how to get started in the real estate industry, how to use real estate to build generational wealth, and how to build a business in real estate. Mario is a member of the National Association of Realtors, Orlando Regional Realtors Association, the Real Estate Buyer’s Council, and the National Association of Residential Property Managers. Mario holds designations as an Accredited Buyers Representative, a Gold Key Professional, and a Real Estate Negotiations Expert. Mario has almost 20 years of real estate experience and has held positions as a Branch Manager for Stockton Turner Mortgage Bankers, Director of Mergers and Acquisitions for Hampton & Hampton, Property Manager for Waterton Residential, as well as a Franchise owner of RE/MAX Gold Series Realty. One of Mario’s greatest recognitions is when he earned a membership into the Multi-Million Dollar Producer Club in 2014. As Mario continues to thrive as broker of 5 real estate firms in Central Florida, he is also pivoting into a new real estate arena real estate development. As Sr. Partner at Ingram’s Land Development & Acquisition, it his Mario’s hopes and aspirations to use this project to meet the needs of an affordable housing shortage which currently exists in some Central Florida locations. It is his tireless effort and passion through this Land and Development project, that he hopes affordable housing opportunities will provide families with a sense of pride and create the desire to own their own piece of the “American Dream”! To learn more about Mario Golden including more information on the real estate industry, visit his website https://www.ilistrealty.com, or his email: Mario@iListRealty.com, Facebook Page (@iList Realty), Instagram (iList Realty), or by phone: 407-565-8200.
Mario Guzman, the mastermind behind the cannabis brand SHERBINSKIS, calls in for this week’s episode of ‘The Dropcast’ to speak with hosts Jian DeLeon and Noah Thomas about his business from its roots up to the present day and being dubbed “the Supreme of Marijuana.” As people are gearing up for that time of the year, Mario also shares smart ways to go about selecting your options. The quick hits begin by revisiting an event from earlier in the week as the cast pay their respects to Chynna Rogers, an up-and-coming rapper who passed away at the young age of 25. Then, things go even further back to last season when BEAMS came out with Crocs that were meant to be a part of a capsule collection with Highsnobiety. The Japanese label is back with new military-inspired sandals that the cast is all for (3:56). Another possible return is the Nike SB Dunk Low “Buck” from 2003 which could be returning later this year (5:20). The sneaker’s University of Oregon colorway happens to be the same green and gold that reps Jian’s alma mater, making it an automatic cop. Contemporary artist Daniel Arsham recently announced his newest project, a Uniqlo capsule in collaboration with Pokémon (6:48). As the first visual artist to be granted access to Pokémon’s archive, Arsham’s work is proving that the animated franchise continues to thrive. However, the current times are rough for young fashion designers, and LVMH recognizes that. Mario, Jian, and Noah support the group’s decision to cancel this year’s LVMH prize in order to set up a fund that supports previous winners (9:17). NBA has put a contingency plan in place which includes individual and team training for players before the season resumes (11:02). The cast comes up with novel but not impossible ideas for alternative strategies as they suggest players to battle it out, gladiator style. The fashion industry is also fighting tooth and nail to stay on top during the Covid-19 pandemic, with a new study positing that consumers will start to reach for heritage rather than hype products (15:28). Mario speaks on running his business successfully during the current crisis as well as the necessary traits for a lasting business (17:20). As Mario shares, SHERBINSKIS is the new kid on the block, but his philosophy represents the future for many new brands. He takes it back to the beginning when he was growing out of his garage in the early 2000s while being involved in the legalization movement, and the compassion shown towards veterans, disabled individuals, and the sick during that time in San Francisco (21:18). To put things into perspective, Mario reflects on progressing from worrying about getting shut down on a daily basis into being classified as an essential business. This episode’s Question of the Week (QOTW) asked Dropcast listeners to dig through their memories to the first time they smoked weed (28:07). Callers share the good and the bad, and Mario joins in with anecdotes of his first joint at the age of 11. In “What’d You Cop?” Mario treated himself to a Mercedes-Benz S-Class 560 but also did his share of giving through donations (35:38). This weekend, catch up on new episodes of ‘Vibe Check,’ Highsnobiety’s latest podcast which recently featured A$AP Ferg dropping his quarantine playlist and workout routine, and make sure to tune in to new episodes released every Tuesday and Thursday. Keep your eyes peeled for the next Dropcast QOTW which will be posted on Highsnobiety’s Instagram, and make sure to leave a voicemail on the hotline at 833-HIGHSNOB (833-444-4766) for a chance to be featured in a future episode. Relevant links: BEAMS x Crocs SS20 Adds Military Flavor to Your WFH Footwear The Nike SB Dunk Low “Buck” Could Be Returning Later This Year First Look at Daniel Arsham’s Uniqlo Pokémon Capsule The 2020 LVMH Prize Has Been Cancelled The NBA Has a “Back to Basketball” Contingency Plan Covid-19 Has Decimated the Fashion Industry & Could Spell the End for Hype Product Learn more about your ad choices. Visit megaphone.fm/adchoices
Mario Guzman, the mastermind behind the cannabis brand SHERBINSKIS, calls in for this week’s episode of ‘The Dropcast’ to speak with hosts Jian DeLeon and Noah Thomas about his business from its roots up to the present day and being dubbed “the Supreme of Marijuana.” As people are gearing up for that time of the year, Mario also shares smart ways to go about selecting your options. The quick hits begin by revisiting an event from earlier in the week as the cast pay their respects to Chynna Rogers, an up-and-coming rapper who passed away at the young age of 25. Then, things go even further back to last season when BEAMS came out with Crocs that were meant to be a part of a capsule collection with Highsnobiety. The Japanese label is back with new military-inspired sandals that the cast is all for (3:56). Another possible return is the Nike SB Dunk Low “Buck” from 2003 which could be returning later this year (5:20). The sneaker’s University of Oregon colorway happens to be the same green and gold that reps Jian’s alma mater, making it an automatic cop. Contemporary artist Daniel Arsham recently announced his newest project, a Uniqlo capsule in collaboration with Pokémon (6:48). As the first visual artist to be granted access to Pokémon’s archive, Arsham’s work is proving that the animated franchise continues to thrive. However, the current times are rough for young fashion designers, and LVMH recognizes that. Mario, Jian, and Noah support the group’s decision to cancel this year’s LVMH prize in order to set up a fund that supports previous winners (9:17). NBA has put a contingency plan in place which includes individual and team training for players before the season resumes (11:02). The cast comes up with novel but not impossible ideas for alternative strategies as they suggest players to battle it out, gladiator style. The fashion industry is also fighting tooth and nail to stay on top during the Covid-19 pandemic, with a new study positing that consumers will start to reach for heritage rather than hype products (15:28). Mario speaks on running his business successfully during the current crisis as well as the necessary traits for a lasting business (17:20). As Mario shares, SHERBINSKIS is the new kid on the block, but his philosophy represents the future for many new brands. He takes it back to the beginning when he was growing out of his garage in the early 2000s while being involved in the legalization movement, and the compassion shown towards veterans, disabled individuals, and the sick during that time in San Francisco (21:18). To put things into perspective, Mario reflects on progressing from worrying about getting shut down on a daily basis into being classified as an essential business. This episode’s Question of the Week (QOTW) asked Dropcast listeners to dig through their memories to the first time they smoked weed (28:07). Callers share the good and the bad, and Mario joins in with anecdotes of his first joint at the age of 11. In “What’d You Cop?” Mario treated himself to a Mercedes-Benz S-Class 560 but also did his share of giving through donations (35:38). This weekend, catch up on new episodes of ‘Vibe Check,’ Highsnobiety’s latest podcast which recently featured A$AP Ferg dropping his quarantine playlist and workout routine, and make sure to tune in to new episodes released every Tuesday and Thursday. Keep your eyes peeled for the next Dropcast QOTW which will be posted on Highsnobiety’s Instagram, and make sure to leave a voicemail on the hotline at 833-HIGHSNOB (833-444-4766) for a chance to be featured in a future episode. Relevant links: BEAMS x Crocs SS20 Adds Military Flavor to Your WFH Footwear The Nike SB Dunk Low “Buck” Could Be Returning Later This Year First Look at Daniel Arsham’s Uniqlo Pokémon Capsule The 2020 LVMH Prize Has Been Cancelled The NBA Has a “Back to Basketball” Contingency Plan Covid-19 Has Decimated the Fashion Industry & Could Spell the End for Hype Product Learn more about your ad choices. Visit megaphone.fm/adchoices
Mario Nawfal is the founder of the Athena Group of Companies, a conglomerate that operates in more than 40 countries. He started in 2012 with $300 in the bank selling blenders door to door and built that into a business (Froothie) that generated $10m in its second year. Next he built global brand status with Optimum Appliances, a brand he created from scratch. Next he established a range of brands in niches such as personal mobility, fitness, and e-cigarettes. In 2016, he started GoGlobal, an incubator that helps businesses scale their product or ecommerce operations to more than 30 countries rapidly and efficiently. In 2017, he established International Blockchain Consulting (IBC), a network of experts in more than 40 countries that rose in less than a year to become an established industry authority in the rapidly growing blockchain and crypto space. After the success of IBC, Mario launched IBI Ventures (a venture capital fund), IBA (blockchain accounting), and IGC (cannabis and hemp business consulting). In 2019, he launched a new company, Zense, to provide entrepreneurs with insight on how to launch a successful business with a limited budget. Currently, he has created the 7Figure Launchpad, the world’s first and only full-access business program. “That’s when I realized that the person I had trusted to build my business and I was actually in discussion with to become the CEO, because I didn’t want to get too involved in my VC (venture capital) had just walked away and taken clients with him.” Mario Nawfal Support our sponsor Today’s episode is sponsored by the Women Building Wealth membership group, the complete proven step-by-step course to guide women from novice to competent investor. To learn more, visit: WomenBuildingWealth.net. Worst investment ever After e-commerce success, Mario looks at blockchain Back in 2017, Mario’s main enterprise was Froothie, an e-commerce business and an area in which he had expertise. But he was very interested in blockchain technology after looking at it for a while. He had free time, was travelling around Europe and started learning about the industry, mainly by reading to learn as much as he could and building contacts, calling people. With an assistant scheduling calls from morning until night, that’s what he would do day in, day out. One of the people he talked to was a Mr. “M”, with whom Mario started working, and who along with another gentleman, helped him start IBC. Mario knew how to start, build and scale businesses, but had no knowledge about blockchain, was not a developer nor could he write code, so he needed some experts around him. IBC starts well and grows to seven figures in six months While his businesses were doing OK, Froothie took a hit with a legal challenge over a supplier mishap. IBC was his next venture but he had to be careful as he couldn’t put in a lot of money. So he had brought on people working to build the business. It started out well and the experts he had brought on built the company as Mario was learning and pivoting when pebbles started to hit and testing different tactics to ensure they worked. He started doubling down and all this worked well to that point that IBC had scaled to seven figures in less than six months. So everything was going well, but he had forgotten to attend one of his main weaknesses - due diligence. Mario trusted people too easily. ‘Trusted’ colleague earmarked to be CEO ‘disappears’ Everything was going well, the company was going well, the company was scaling despite a few issues over delivery that he had to get involved in, but at the end of 2018, suddenly M. vanished. Initially, he was in hospital for a week and Mario was very worried, and sent messages to him and got everyone to send him wishes for a speedy recovery, and then he just disappeared and Mario had no idea what was happening. Then a payment in large six figures bounced from IBC’s biggest client, and they were unresponsive also. Even though some alarm bells were ringing in the back of his mind, he felt there was no way anything was wrong. Betrayal sinks in But then when M completely disappeared, the facts of the betrayal started to sink in. Mario even sent him forgiving messages: “Don’t worry about what you did. I don’t know what you did. I’ll forgive you, it doesn’t matter man. You know, everyone makes mistakes, chasing money. It’s a game,” but the messages on WhatsApp were being read but ignored. The biggest client was still not responding and other clients M was close to were also concerned. M had been screwing Mario and IBC for a lot longer than they had initially thought. M had also bad-mouthed Mario to everyone he spoke to, including clients, team members and other partners. So that’s when he realized that the person he had trusted to build his business and was in discussion to appoint him CEO had just walked away and taken many clients with him. Hits keep on coming as industry also collapses But the story became even darker. He turned to his team to start taking drastic measures to rebuild after this loss. So they had to cut the company down rapidly. The industry was also going through a rough period and collapsed in the same month. Other businesses laid off more than 90% of their teams, and Mario and his team were ready for that. But they were not ready for a scam that went deeper. While rebuilding, staff discover second ‘snake’ So there they were: seven figures in the red because payments were all meant to come in as one payment, key team members had disappeared, and they didn’t know how much damage was caused. So they started rebuilding. He got his team going again, riling them up, making inquiries as to who they could trust before they started calling customers again. One of his team, a confidante in the process who had been there since the beginning, and who was responsible for scheduling calls to key clients (“Bob”), had been very supportive. He would say: “We’ll do this Mario, forget about the pain you’ve gone through. Forget about M. He’s a snake. Now we’re family. We’re close to each other.” Mario recalled the day he started saying those things. “I’ll be there for you until we get through this. We’ll do it together.” And then Mario started filming himself and started blogging as a response to the scam that was by this time about two months or three months old. ‘Nice guy’ was stealing data with GoPro video The same day Bob was saying nice things, Mario found out that Bob was still funneling data out of the company to M, and that M and Bob had been childhood friends. They were unable to steal in a normal way, because there Mario had put protections in place such as screen recorders and users couldn’t take screenshots nor could they export data via a drive because the company would know. So Bob was wearing a GoPro and working and filming as he was working, and as IBC were about to close clients, none of them were closing and it had been a huge mystery. All the clients that they knew IBC had spoken to and were about to close, Bob was just talking to them and funneling them to the M’s other company. While Mario and his team were trying to recover, they were actually losing more clients. So Mario sacked Bob even as more stories emerged about how deep the damage had been and how many had been misled. Head tumor discovered as legal battle continues In the same month, Mario was diagnosed with tumor, while non-cancerous and not serious, it was in head initially he thought he would need immediate surgery because of associated bleeding. His other company meanwhile was dealing with a legal crisis in which one of the suppliers had breached their agreement due to patent concerns and that was pretty serious also. It was a very tough period but Mario managed to bounce back. IBC is now stronger than ever but it took a very stoic mindset to get through it all. Once the last rotten apple in the company had been removed, and all leaks were patched, IBC started to make money again. Some lessons The people you hire will make or break you Thorough due diligence must also be applied to hiring people, because hiring is the heart of any business, where an investment bank or a restaurant that needs waiters or chefs. The more due diligence you do, the more likely that luck won’t play a big role because you’ve done the work to make sure you have the right people to build your business. All investors ask about your team They look at the team more than the idea over every time, so again, due diligence in hiring is crucially important. Andrew’s takeaways When it rains it pours As Mario had so many struggles going at the same time, with one team members’ betrayal and another’s, fighting a lawsuit, and serious health issues, one thing Andrew likes to highlight is that most young people going into the business of being an entrepreneur do not realize that having a business is your complete life. Having a serious physical issue on top of that can throw all plans out the window. So to be an entrepreneur, you’ve got to have endurance and the energy to relentlessly pursue your goals. This is critical especially when unpredictable things happen. “When it rains, it pours and you’ve got to push through it.” Trust can only be built with time There is no way to accelerate the trust between two people except through time. Six common mistakes Collated from the My Worst Investment Ever series, the six main categories of mistakes made by Andrew’s interviewees, starting from the most common, are: Failed to do their own research Failed to properly assess and manage risk Were driven by emotion or flawed thinking Misplaced trust Failed to monitor their investment Invested in a start-up company Andrew identified mistakes No.2 and No.4 No. 2 Failed to properly assess and manage risk Ultimately, it was the risk that affected Mario’s business, not the success. The story of the return actually sounded very good. No. 4 Misplaced trust Mario is not the only one struggling with this. When an investor or a business person is in a situation where they really need a person, and they go ahead and work with them, the trust part is the most difficult. Actionable advice Keep in mind when there is a lot of money at stake, when you get to that level, if you’re an investor, or you’ve got successful companies, be very careful about the people that are making the decisions with that money, because their incentives may not be aligned with yours. Greed is very powerful and people will come up with stories to justify doing the wrong thing when it comes to money – Greed is a very strong bias. No. 1 goal for next the 12 months Mario wants to find people to run his various companies, “but the right people”. Mario’s response to this story is not to retreat and be a hermit, and do everything himself because to avoid being scammed again because such things will often happen anyway. They are part of business. Instead, he wants to look logically and find partners through doing proper due diligence and continue to build companies. Right now his focus is on IBC, which is helping businesses to raise capital. Parting words “Anyone listening to this, you will lose. The way you respond to that loss will determine what happens next.” You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr. Deming’s 14 Points Connect with Mario Nawfal LinkedIn Website (Athena) Website (Personal) Instagram Medium YouTube Email Connect with Andrew Stotz Astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast
Mario Porreca is an Entrepreneur, Author, and Mindset Performance Strategist. Mario started his story as a performer sneaking into the waiting room of his fathers chiropractic clinic to put on shows for the patients who were waiting. Everyone loved his shows except for the staff who grew tired of seeing the same renditions of Dumbo, Willy Wonka and The Chocolate Factory, and The Wizard of Oz over and over again. After high school, Mario pursued his second love in life hoping to change people’s lives using it as a medium—food. He was a very successful chef for nearly six years before the intense calling of working more closely with others was too loud to ignore. He left the kitchen and started his own business, ironically out of his fathers chiropractic clinic, coaching people to reach their health, wellness, weight, and mindset goals. As Mario operated this business he was also spending every available second studying mindset, psychology, personal growth, spiritual development, and more to apply what he learned to his own life and to more importantly be able to serve others at a deeper more profound level. Mario has authored two cookbooks geared toward healthy living and has also authored a third book centered around achieving personal and business success. Mario has appeared on TV over 50 times promoting his books and business and has been a featured speaker for numerous groups, events, schools, and corporations. Mario’s main focus is coaching busy achievers to align their mindset, purpose, and passion to experience life at a deeper more profound level. Website: http://marioporreca.com/ Facebook: https://www.facebook.com/groups/10minutemindset/ Twitter: https://twitter.com/MarioPorreca Instagram: https://www.instagram.com/mario.porreca/ LinkedIn: https://www.linkedin.com/in/mporreca
After spending nearly six years as a successful chef, Mario Porreca found himself constantly tired, overweight, and needing a change. He decided to leave the kitchen and focus on regaining his health. In just six months, Mario shed 70 pounds. With everyone noticing his results and asking questions, Mario saw a prime opportunity in coaching people to reach their health, wellness, weight, and mindset goals. As Mario operated this business he was also spending every available second studying mindset, psychology, personal growth, spiritual development, and more to apply what he learned to his own life and to more importantly be able to serve others at a deeper more profound level. Mario has authored two cookbooks geared toward healthy living and has also authored a third book centered around achieving personal and business success. He is also the host of the podcast, 10 Minute Mindset, which is designed to help busy people start their day in the best state possible by following his daily GIO method. Mario’s main focus is coaching busy achievers to align their mindset, purpose, and passion to experience life at a deeper more profound level. Mario has appeared on TV over 50 times promoting his books and business and has been a featured speaker for numerous groups, events, schools, and corporations. In This Episode, You Will Learn: Why our day is built on momentum Why our mindset leads to our identity Why creating a new identity is the key to achieve permanent change The four phases of growth Why we should allow adversity to serve us Why emotion ignites us to push through change Creating that belief that anything is possible Why building on habits is easy, but starting habits isn't How to set up the rules of life so we win How to make our actions outcome focused Why adversity can only hurt us if we run from it How To Get In Touch With Mario: Instagram Facebook Twitter Website Subscribe: iTunes | Google Play | Stitcher | Castbox
Our first recorded podcast after Nationals. As Mario has headed back “weast”, we use the four prospective National 2017 hosts as springboards for cerebral road tripping, voting rights rambles, and Eastern team travel restrictions. Not to be underdone after discussing the four bids, we launch into a small preview of the proto-scheduled events of the fall. … Continue reading "AJP 2016-05-04: Of Schedules and Nationals Hosts"
Imagine you’re in the pub and you’ve just bumped into your friend Mario Roxas. Mario happens to be a naturopathic doctor and the director of research and development at Thorne, the Rolls Royce of supplement companies. Wouldn’t you want to know what supplements Mario takes? Me too, and so I couldn’t resist making that my first question. But what is it that makes Thorne Research different? Why not buy your supplements from Costco? Two reasons: research and quality. Thorne employ a team of medical and naturopathic doctor scientists that spend their time studying the scientific literature on the lookout for evidence supporting the decision to manufacturer a specific supplement. Secondly, there’s quality. Thorne cater to the sensitive customer likely to experience allergic reactions. The raw materials used to make a supplement originate from trusted sources, but Thorne validate the content of all their supplements no less than three times during the manufacturing process. Surprisingly, the FDA laws only require a supplement manufacturer to list the ingredients they added to the supplement, and there’s no guarantee that one or more of the raw ingredients used are free of potential allergens like lactose even though they’re not listed on the label. Are big supplement companies any different from big pharma? Allopathic medicine is often accused of being bought, but what makes alternative any different? Are the naturopathic doctors simply prescribing Meriva in place of Humira? I would argue no, absolutely not, and the proof is in the name supplement. As Mario points out, supplement is the perfect word. You can’t supplement your way out of a bad diet or lifestyle, and so the supplement is but one tool in the extensive chest of a good functional medicine practitioner. Three years ago I had never taken a nutritional supplement. Now I have a cupboard full of them. The reason is simple: they work. I used to take regularly chlorpheniramine for allergies. Killing off overgrowths of opportunistic pathogens and parasites with herbs like oregano and noni got me most of the way there, now I stay symptom-free by regularly supplementing with methyl-folate. The supplement didn’t just mask my symptoms; it corrected a deficiency and as a result, my red blood cells have become normal sized. Adverse events? Do you know of someone who had a serious adverse event as the result of taking a nutritional supplement free of contaminants? I don’t think this happens very often, if at all. Please let me know in the comments section below. Here’s the outline of this interview with Dr Mario Roxas, ND 0:00:42 Mario became interested in supplements whilst a resident at the National College of Natural Medicine. 0:02:12 Thorne Research are the Rolls Royce of supplements. 0:02:58 Mario takes the Basic Nutrients 2/day multivitamin. 0:03:15 Together with LipoCardia®, CoQ10, fish oil and NiaCel®. 0:03:58 Whey protein in a smoothie. 0:04:35 Interview with Bob Rountree on mitochondrial health. 0:05:15 Supplement design starts with research. 0:06:09 Thorne has a team of scientists and doctors, NDs, MDs and PhDs. 0:07:48 The product development cycle for nicotinamide riboside lasted two years. 0:08:43 Two years is a long time for a supplement. 0:09:30 When asked about supplements, what does Mario tell his friends? 0:09:37 Focus on the basics first, e.g. food. 0:10:12 Supplement is a perfect word. 0:10:41 Omega-3 fatty acids are important. 0:10:54 Also probiotics. 0:11:01 Things to help with digestion, e.g. enzymes. 0:11:25 Added fibre. 0:11:46 Chronic inflammation, curcum is helpful, e.g. Meriva-SR®. 0:13:08 What's the difference between a $60 per month Thorne multi vs. a $10 Costco multi? 0:13:45 Thorne use a capsule and there's multiple capsules. 0:14:03 The capsules easier to absorb. 0:14:23 Thorne uses no unnecessary additives, fillers or flow agents. 0:15:03 No tablets because binders. 0:15:54 There's nothing toxic about magnesium stearate, but it can interfere with absorption. 0:18:15 Flow agents and fillers may be a proxy for quality, but the type of ingredients used is probably more important. 0:18:43 The supplement manufacturer are only required to list on the label the things that they put in. 0:22:16 Thorne products are hypoallergenic. 0:23:23 The most expensive supplement is the one you don't absorb. 0:23:41 Methylcobalamin is an absorbable form of B12. 0:24:16 Originally I was iron deficient, I found out the hard way that cheap iron supplements don't work. 0:25:14 Are supplements hard on the liver? 0:25:54 By using the most bioavailable forms, the liver is unburdened of the job of conversion. 0:26:14 Some, like Meriva-SR®, are hepatoprotective (protective of the liver). 0:29:01 In the case of Meriva, the main ingredient is manufactured by a third party. 0:29:04 But even so, the raw material goes into quarantine. 0:29:27 Thorne evaluates through it's own lab to verify identity. 0:30:06 Every lot goes through at least 3 and sometimes 4 rounds of verification. 0:31:51 In house manufacturing provides a level of control. 0:32:33 If the manufacturer knows you don't have a QA department, what incentive do they have to deliver the goods? 0:32:47 Thorne calls this “trust but verify”. 0:33:19 The certificate of analysis (COA). 0:34:58 The COA shows what's in the product, and details of potential contaminants. Here’s an example for the AM part of the EXOS multivitamin. 0:36:51 The only way to make money selling supplements on Amazon is buy large quantities and then let Amazon do the fulfillment. 0:38:10 Thorne has been clamping down on Amazon sellers. 0:39:26 Thorne do keep track of adverse events. 0:39:58 This is part of FDA compliance. 0:40:17 Majority are upset stomach. 0:41:09 New IBD digestive support supplement EnteroMend®, Meriva, Boswellia, Aloe, partially hydrolyzed guar gum and glutamine 0:45:49 MCT powdered with bionic fibre. 0:47:52 Ketos OS gave me diarrhoea, KetoForce was fine (but tastes awful). 0:48:29 Creating palatability can cause problems with allergens.