The Power of Persistence | If You Are Going Through Hell Don’t Stop with the Founder of Complete Carpet Tulsa (Nathan Sevrinus)

Show Notes

“The capacity to surmount failure without being discouraged is the chief asset of every person who attains outstanding success in any calling.” – Napoleon Hill (The best-selling self-help author of all-time)

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ACTION ITEMS: 

1. Attach yourself today to a goal that inspires you (Subconsciously, you will either look for a way to do something or a way to not do something).
2. Make a list of the things that you are willing to say no to to get that success.
3. Make a daily routine that will have you feeling supreme.
4. Surround yourself with successful entrepreneurs. 
5. Wake up at the same time that successful people wake up 
6. Print out a physical to do list every day.
7. Print out your calendar every day.

Listen – https://www.youtube.com/watch?time_continue=152&v=YLfcpdIwod8&feature=emb_logo 

FUN FACT – More than 44% of Americans pay no federal income tax – https://www.marketwatch.com/story/81-million-americans-wont-pay-any-federal-income-taxes-this-year-heres-why-2018-04-16

NOTABLE QUOTABLE – “Where there is no revelation, people cast off restraint; but blessed is the one who heeds wisdom’s instruction.” – Proverbs 29:18

Visual Examples of Persistence:

1. NOTABLE QUOTABLE – “The person who moves with definiteness recognizes the difference between temporary defeat and failure. When plans fail he substitutes others but he does not change his purpose. He perseveres.” – Thomas Edison
2. NOTABLE QUOTABLE – “I have not failed 10,000 times. I have not failed once. I have succeeded in proving that those 10,000 ways will not work. When I have eliminated the ways that will not work, I will find the way that will work.” – Thomas 
3. FUN FACT – Thomas Edison and his team logged 10,000 failed prototypes before creating the first commercially viable lightbulb. – https://www.forbes.com/sites/nathanfurr/2011/06/09/how-failure-taught-edison-to-repeatedly-innovate/#8866e4e65e9e 
4. NOTABLE QUOTABLE – “Genius is 1 percent inspiration and 99 percent perspiration.” – Thomas Edison (The prolific inventor and the founder of General Electric)

Stories of Persistent People:

1. NFL Great, James Harrison – Before becoming the NFL’s Defensive Player of the Year, James Harrison was cut from an NFL team four times and three times by the Steelers. James Harrison became a five-time Pro Bowl selection, and he won two Super Bowls with the Steelers: XL and XLIII. In 2008, he became the only undrafted player to be named Associated Press NFL Defensive Player of the Year. 
2. Amazon.com was started by Jeff Bezos in 1994 out of his garage. In 1999 he lost $719 million. It took Jeff 9 years to turn a profit in 2003.
3. ESPN – ESPN was founded in 1978, yet the company did not make a profit until the mid 1990s.
4. Tesla –Tesla was founded in June of 2003 by Martin Eberhard, yet it took Tesla over 10 years to turn a profit.
5. Dyson Vacuums – It took James Dyson 15 years to create his first Dual Cyclone vacuum cleaner, which did not hit stores until 1993. He created 5,126 versions that failed before he actually created a prototype that worked.
6. Thomas Edison – Thomas Edison created 10,000 failed experiments of the lightbulb before he created one that actually worked.
7. Reddit – When Alexis Ohanian and the Reddit founders started Reddit in 2005, very few people were using the platform so they created fake accounts to create the look that they had a bunch of traffic. Using their bogus accounts they worked to create the overall tonality and the direction of the discussions that were on the website. Once traffic grew to a certain size, they no longer continued using the fake accounts.
8. AirBNB – The founders of AirBnB secured their initial funding as a result of creating and selling their own cereal. When the founders of AirBnB ran out of money, they sold cereal. They actually bought large amounts of bulk cereal and put together cardboard boxes, and created limited edition brands of politically themed cereals called Cap’n McCain and Obama O’s and the Breakfast of Change. In less than 60 days they sold 800 boxes of cereal for $40 a piece to generate over $30,000. They later commented that they had big success selling the Obama themed cereal, but they ended up eating the McCain cereal as food since they couldn’t sell it very easily.
9. Google – Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. – http://www.businessinsider.com/guess-how-long-overnight-success-really-takes-2011-3 
10. Facebook – Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. In 2005, Facebook still showed a yearly net loss of $3.63 million. – http://www.businessinsider.com/guess-how-long-overnight-success-really-takes-2011-3 
11. Walt Disney – Walt Disney lost it all twice.
12. Ford Automotive – Henry Ford lost it all five times.

FUN FACT – In 1891, Ford became an engineer with the Edison Illuminating Company of Detroit. After his promotion to Chief Engineer in 1893, he had enough time and money to devote attention to his personal experiments on gasoline engines. These experiments culminated in 1896 with the completion of a self-propelled vehicle which he named the Ford Quadricycle. He test-drove it on June 4. After various test drives, Ford brainstormed ways to improve the Quadricycle.

Also in 1896, Ford attended a meeting of Edison executives, where he was introduced to Thomas Edison. Edison approved of Ford’s automobile experimentation. Encouraged by Edison, Ford designed and built a second vehicle, completing it in 1898

1. FEDEX – Frederick W. Smith originally had the idea to start an overnight-delivery business in the year 1962 where he described in a paper while attending  with an Yale University. Smith went on to become a successful businessman who took his personal wealth of $4 million, along with another $90 million from investors, to found his delivery company in 1971. However, Federal Express failed to take off initially and was on the verge of bankruptcy. Smith took the company’s last $5,000, flew to Vegas, and played blackjack. The gamble literally paid off. Smith made $24,000, which was enough to cover the cost of fuel and keep the company afloat for another week. With a little more time, Smith raised another $11 million to keep Federal Express running. The company made its first profit in July 1975. Today, the Memphis-based company enjoys total revenue of more than $3 billion. https://www.thrivetimeshow.com/thrive-time-show/push-failure-4-powerful-principles-ep-306/