Tim Fargo Why Bootstrapping Beats Being Funded | Ep. 245
Tim Fargo
Tim Fargo is the President at SocialJukebox, a content management system that has helped brands to streamline their social media marketing campaigns. Today, he talks about the hustle myth and his own story as an entrepreneur.
“By going away, it’s a little bit you enable people to handle things by giving them the opportunity to do it while you’re not there.” – Tim Fargo
From Zero to Multimillion Dollars
Tim has always been entrepreneurial. One time in college, he decided to launch a resume matching service where students and companies could meet.
“Your path is your path, so you kinda have to get your own bruises along the way.” – Tim Fargo
The business did not succeed as expected but he learned so much from that experience. True enough, he applied the lessons later on at Omega Insurance Services, an insurance fraud investigative company he co-founded and sold for $20 million.
Debunking the Hustle Myth
While hard work is an important component of getting ahead, it isn’t everything there is in achieving success. Apple, for example, didn’t work harder.
“They weren’t focused on reiterating an existing idea; they were focused on reinventing an idea.” – Tim Fargo on what made Apple one of a kind
According to Tim, they took a very different approach from their competition. It’s the nuances that make businesses stand out.
Marketing for the Business
As with other entrepreneurs, Tim worked a lot in starting a business. Marketing, he shares, was always the challenge because it’s uncontrollable.
He was running a service business and needed to keep his staff busy. The first thing he did every day was to bring work. Everything else went secondary.
To hear from Tim Fargo, download and listen to the episode. Connect with Tim through the links below. Remember to let Tim know you heard about him on Stop Riding the Pine!
Show Links from Tim Fargo:
If you haven’t checked it out yet, listen to our previous episode Josh Elledge How to Grow Your Business through Influence | Ep. 244. Don’t forget to leave a 5-star rating and review if you enjoyed the show. We would love to hear from you!
About Jaime Jay
Meet Jaime Jay – a man who wears many hats, and wears them all admirably. He's a master connector, an entrepreneur extraordinaire, and a published author who knows how to get things done.
Before he found his way to the business world, Jaime served his country as a brave paratrooper in the U.S. Army. But that's just the beginning of his many accomplishments.
He's the founder of the renowned Bottleneck Distant Assistant Services firm, and his book "Quit Repeating Yourself" has become a must-read for entrepreneurs everywhere.
When he's not busy building his empire, you can find him on his beloved Harley Davidson, cruising through the countryside and taking in the invigorating effects of Uitwaaien – a Dutch practice that involves facing the wind to boost health and relieve stress.
He enjoys spending his free time outside building stuff with his wife, Nikita the dog and their two kittens (for now at least) Tommy and Tater.
He is ‘over-the-moon’ happily married to his wonderful wife Sara, his amazing daughter, Jessica, who is serving our country as a United States Army soldier. Jaime and Sara are the proud grand parents of two beautiful little girls.
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