Connect with us

Entrepreneur

Business Coach & Growth Strategist Jack Petry

Published

on

Business Coach

What exactly does your company do?

Jack Petry, Business Coach & Growth Strategist. I help small businesses grow their bottom lines – guaranteed. You won’t find this type of unbeatable guarantee with any other consultant.

 

How did you start your company/business as a startup?

Starting helping friends on the side and gradually transitioned to “for pay” after bringing them results.

 

What struggle did you go through to reach your current status now?

In 2017 I invested over $20,000 in business and marketing education, which I anticipated would translate into a major home run for me as an aspiring entrepreneur. That year I traveled to five seminars and mastermind sessions across the country as I tried to get my idea off the ground.

As someone who came from a successful corporate career, it was incredibly humbling being the “new guy” in a room with six and seven-figure entrepreneurs. At that point, I’d earned exactly $0 as an entrepreneur, so it naturally brought up feelings of inferiority and fear. As an introvert, getting on a plane to go to marketing events with hundreds of people was way outside my comfort zone, and unlike anything, I’d done before.

It was one of the most uncomfortable years of my life, and my first foray into the crazy jungle of entrepreneurship. Going into that year, my expectations were sky-high, since I felt like this was my window to make it big. I was hard on myself throughout the course of that year – I struggled mightily and felt like I was banging my head against a wall. I had spent hundreds of hours and $20K with very little in terms of results, which stung quite a bit. I ultimately shut down that business in early 2018 to move onto another idea.

One of the toughest things about that year was that I was crippled with the fear of failure. Up until that point, I’d generally been successful in anything I set my mind to, so this was really tough. One of the major lessons I learned from a mentor was to reframe my concept of failure and consider the absolute worst-case scenario. What’s the worst possible thing that could happen if I fell on my face and flopped? What I learned is that the sun will still come up tomorrow, and I’d get another shot to get up and go for it. Failure only matters when you give up on your dreams.

Looking back, I’m incredibly thankful for that experience in 2017, since it paved the way for my current success as a consultant and business coach. Although the success didn’t come instantly, I’ve learned that anything worth doing in life requires patience and perseverance. What I didn’t realize at the time was the $20K I invested was just like tuition. What I learned during that year has paid me massive dividends, both in knowledge and connections. Since then I’ve come to appreciate that effort devoted to entrepreneurial pursuits rarely has an immediate payoff but is incredibly rewarding nonetheless.

 

How did you manage to cope up with those struggles?

Pay attention to the process and don’t obsess about the outcome. Everything you do in life is about incremental progression and improvement. Everything in life is linear, you start at one point and you move towards something at another point. If you want to make a million dollars, you don’t start there – you start with making your first dollar. I spent way too much time seeking out the “perfect” solution to shortcut this process, but that’s not the way the world works.

Perfection is the enemy of progress – take imperfect action now, since the perfect moment will never come. In school, we are rewarded for getting A’s, but in entrepreneurship, the key is to get comfortable with moving fast at a B- level. Money is attracted to speed, so get moving and take action.

It’s critical to have the ability to separate feelings from reality when deciding whether a course of action is right or wrong. The tough part is you don’t know ahead of time. The likelihood is you’ll need to fail a bunch before you find something that works, and you need to be willing to accept what comes with that. Typically that means being willing to lose resources, a ton of time and some money, at a minimum.

 

Who inspired you to move forward and influenced you in all your achievements now?

The dream of working for myself, setting my own hours, and having unlimited income potential. Most of all, providing a great life for my family.

 

What piece of advice will you share with those who would like to follow your footsteps?

In business, the path to success is to fail as quickly as you possibly can, because it creates a tremendous asset: results. If you do anything in life you get a result. The result, even if it’s a complete flop, is an asset. You’ll grow wiser knowing it (at a minimum, you probably won’t make that mistake again) and I’ve found it’s often a springboard to your eventual success. When you act and start to see results (whether it works or not), it leads to amazing things. I wish I had realized this earlier on.

 

How can people follow your journey? Please list your social media URLs

Website: jackpetry.com

 

Read more Spotlight Stories here.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Support Us!

Write for Us

The Weekly Trends

The Weekly Trends

Facebook

Trending