Saturday, July 16, 2016

Acton Hero: Tom Nall

From this video

Tom Nall started as a salesman selling insurance door to door, then he worked 35 years at an alarm company. After that, he created Republic Tequila, a Tequila importing company.

According to him, being an entrepreneur takes a little bit of ‘’insanity’’, and not being afraid to fail. He recognizes the importance of learning at every chance in all kinds of different situations. When he started working he realized about the importance of learning how to sell.

When he was working at a relatively small company and competing with bigger companies he learned that they needed to ‘’have more imagination than the big companies’’ in order to be competitive. I  relate to that with the following experience: Recently I made a small investment in a startup that sells videogames. At a pitching event, they were asked if a big company like Steam could just do the same thing that they were doing, the answer from one of the organizers of the event was that an employee at Steam could do it reluctantly as a part of his job, but an entrepreneur at a startup can do it better because it is his/her passion.


Tom Nall says that entrepreneurs are calculated risk takers, and that founders need to give other 

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