Podcast appearances and mentions of Troy R Underwood

This week’s guest is an all around innovator, Troy R. Underwood! In this episode we’re covering: The difference between entrepreneurs and business owners How to build an A-Team with the 80% rule What to look out for when exiting a company And so much more!! Troy R. Underwood is an industry disruptor. Part technologist, part economist, and all innovator, he revolutionized the motor vehicle industry with the nation’s first electronic title system for financial institutions, which was later sold for $106 million. His healthcare venture, benefitsCONNECT, innovated healthcare benefits administration and resulted in a highly successful acquisition. His new book is How to Launch Your Side Hustle: Start and Scale a Business with Minimal Capital. Reach out to Troy at the following link: troyrunderwood.com Let us know how you like it. Rate us. Leave a comment. Email us at info@abundantculture.co. Do something! Connect with us at: IG: @abundant.culture FB: @abundantculture Join our newsletter: https://www.abundantculture.co/newsletter Rate us on your favorite podcast platform!

Troy R. Underwood is an industry disruptor. Part technologist, part economist, and all innovator, he revolutionized the motor vehicle industry with the nation’s first electronic title system for financial institutions, which was later sold for $106 million. His healthcare venture, benefitsCONNECT, innovated healthcare benefits administration and resulted in a highly successful acquisition. His new book is How to Launch Your Side Hustle: Start and Scale a Business with Minimal Capital. Learn more at troyrunderwood.com.  Podcast Highlights Who is Troy Underwood?  Troy considers himself a necessity entrepreneur and has been doing the entrepreneurial thing since elementary school. Troy has sold all sorts of products including greeting cards, seeds, and computers. Whatever the opportunity was, Troy was willing to take advantage of it. For the average entrepreneurial minded person, the problem is having too many ideas. They need to take these ideas and pick one, then execute, and then when they get bored they have to keep pushing instead of flipping to the next one. Ideas are everywhere, execution, perseverance, and discipline is what’s rare. Even a mediocre idea, when executed well, can work out. Troy’s original plan was to become a doctor, not an entrepreneur. It wasn’t until Troy took an economics course on a dare that he realized that he loved the study of economics and completely switched tracks. He kept up his involvement in computers and software development, and found himself in the right place and the right time to offer a solution that jump-started a business.  Is now the right time to start something? Now may actually be a great time to start a new business, especially for those who have been laid off with nothing to go back to. If you’ve been thinking about it for a while and you have an idea, if everything else is relatively stable, now could be the right time to give it a shot. Being an entrepreneur isn’t an exact science, you just have to take the cards you're dealt and play them the best you can. If you’re someone who craves certainty and security, don’t be an entrepreneur. You are able to mitigate some of that risk by being a business owner instead of an entrepreneur, for example opening a franchise which has a higher rate of success. If you’re looking for certainty, you’re not going to find it in your own business.  Who should be an entrepreneur? Creative thinkers and risk takers are the people who should be entrepreneurs. There is a lot of risk and opportunity cost in building a business and you need to be okay with taking that on.  If you’re driven by necessity you are going to have much more motivation to push through the difficult times and figure out solutions to complicated problems that can keep a business running. Why a side hustle instead doing something BIG? Troy compares a side hustle to a rocket ship launch. It’s not just about keeping a side hustle, it’s about building something that you know will be big eventually, something that replaces your full time job in time and is worth investing in. For Troy, it’s not abou

What Is A Side Hustle? Over 433,000 ambitious entrepreneurs start up new businesses each year in the United States. Yet nearly just as many—roughly 400,000 annually—go belly up and close shop. And only one-third are still in existence when 10 years rolls around. In his latest book How To Launch Your Side Hustle, Silicon Valley […] The post CL259: What Is A Side Hustle? – Interview with Troy R. Underwood appeared first on James Taylor.

Troy R. Underwood is the founder of multiple business ventures, a family man, and a lover of music. Highlights of his career include his founding of what eventually became triVIN, a company that transformed how vehicle titles are managed and processed and was later sold to DealerTrack. He is also the founder of benefitsCONNECT, a company that provided an innovative approach to healthcare benefits administration and was later acquired by benefitexpress.Learn More: www.troyunderwood.nethttps://www.amazon.com/dp/B082VN9Q5TInfluential Influencers with Mike Saundershttp://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/

Troy R. Underwood is the founder of multiple business ventures, a family man, and a lover of music. Highlights of his career include his founding of what eventually became triVIN, a company that transformed how vehicle titles are managed and processed and was later sold to DealerTrack. He is also the founder of benefitsCONNECT, a company that provided an innovative approach to healthcare benefits administration and was later acquired by benefitexpress.Learn More: www.troyunderwood.nethttps://www.amazon.com/dp/B082VN9Q5TInfluential Influencers with Mike Saundershttp://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/

Austin Flajser- CEO of Carr Companies and Troy R. Underwood, Author of: How to Launch Your Side Hustle: Start and Scale a Business with Minimal Capital. Learn more at www.troyunderwood.net

Troy R. Underwood is the founder of multiple business ventures, a family man, and a lover of music. Highlights of his career include his founding of what eventually became triVIN, a company that transformed how vehicle titles are managed and processed and was later sold to DealerTrack. He is also the founder of benefitsCONNECT, a company that provided an innovative approach to healthcare benefits administration and was later acquired by benefitexpress.Learn More: www.troyunderwood.nethttps://www.amazon.com/dp/B082VN9Q5TInfluential Influencers with Mike Saundershttp://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/

Troy R. Underwood is the founder of multiple business ventures, a family man, and a lover of music. Highlights of his career include his founding of what eventually became triVIN, a company that transformed how vehicle titles are managed and processed and was later sold to DealerTrack. He is also the founder of benefitsCONNECT, a company that provided an innovative approach to healthcare benefits administration and was later acquired by benefitexpress.Learn More: www.troyunderwood.nethttps://www.amazon.com/dp/B082VN9Q5TInfluential Influencers with Mike Saundershttp://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/