From Homeless to Multi-Millionaire! Now giving back and trying to help others startup, Simon Squibb | Summary and Q&A

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June 28, 2021
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Simon Squibb
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From Homeless to Multi-Millionaire! Now giving back and trying to help others startup, Simon Squibb

TL;DR

Simon Squibb, founder of Purposeful Project, shares his journey as an entrepreneur and how anyone can become one through learning and mindset.

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Key Insights

  • ❓ Entrepreneurship can be learned and acquired, and anyone can become an entrepreneur.
  • 🤑 Finances are a common concern when starting a business, but it's possible to begin with little to no money.
  • ❓ Mindset and training are crucial for overcoming barriers to entrepreneurship.
  • 👶 The new generation seeks autonomy and rejects the traditional nine-to-five structure.
  • 🍉 Being one's own boss offers long-term benefits and control over one's destiny.
  • 🌍 The UK has a wealth of potential entrepreneurs, and with support, it can transition into a nation of entrepreneurs.
  • 🆘 Collaboration with institutions like Thai Bank helps provide financial support to aspiring entrepreneurs.

Transcript

well let's speak to simon squip he's the founder of purposeful project which is a platform that supports people wanting to become entrepreneurs a kind of business within a business in many ways at simon um just talk about how you got involved in this what made you incense start up your own business to help others out well um i i was actually uh kic... Read More

Questions & Answers

Q: How did Simon Squibb become involved in entrepreneurship?

Simon Squibb was forced into entrepreneurship at a young age after being kicked out of home. This experience taught him the skills needed to survive and thrive as an entrepreneur.

Q: What are the main barriers that stop people from starting their own businesses?

The main barriers are often financial concerns and a lack of mindset and skills. Many individuals feel the need for a regular income before starting a business, but it's possible to pitch and gain clients from day one. Training and support are also important in overcoming these barriers.

Q: Why do many people want to have a side business in addition to their main job?

The new generation of workers desires more flexibility and freedom. They no longer wish to be stuck in a nine-to-five office job. Having a side business, or a "side hustle," offers an opportunity for self-expression, autonomy, and potential financial security outside of traditional employment.

Q: What motivates people to become their own boss?

The main motivation is often the desire for freedom and control. Many people, once they experience being their own boss, never want to work for someone else again. Working for oneself may be challenging initially, but it gets easier over time, whereas working for someone else becomes harder.

Summary & Key Takeaways

  • Simon Squibb became an entrepreneur out of necessity after being kicked out of home at 15.

  • Finances and lack of training are common barriers to starting a business, but it is possible to start with little to no money.

  • Many people, especially the new generation, desire to be their own boss and reject the traditional nine-to-five structure.

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