Episode 63: Complexity is the enemy of speed, with Tim Fargo.
Growing up in a blue-collar neighborhood, Tim sought out his fortune early, but it remained elusive. Even after bankruptcy in 1991, he persevered. In 1996, he started his umpteenth business, but this time he grew it to over 300 employees and sold it for $20 million in 2003. Now, he’s bootstrapping again with his time-saving content manager, tweetjukebox.com. Having laid a tremendous groundwork through his two years on Twitter, the app is taking Twitter by storm. In 2016, the service will expand to other social media platforms as well.
Click to tweet: Tim Fargo shares his outstanding experience and insights on Onward Nation!
Subscribe to Onward Nation!
Secret — time saving technique
Making a list of two or three vital priorities is the go-to timesaving technique that helps Tim move his business forward. ONWARD!
Daily habit that contributes to success
Tim exercises every morning, which helps him kickstart the early part of the workday.
Could have ruined your business — but now — an invaluable learning experience
Tim had to go through a long legal process — and Tim tells the whole story here.
Most critical skill you think business owners need to master to be successful
“A business owner needs to understand that expertise isn’t determined by a range of skills.”
Most influential lesson learned from a mentor
“There are a number of important values to impart on a business’s culture — so keep the ball rolling.”
Final Round — “Breaking Down the Recipe for Success”
What systems would you go back and put into place sooner?
I would have gone back and put a simple component based system in place to help with the flow of business.
What one strategy or “recipe” would compound into big wins for business owners?
Being nimble is dictated by a business owner’s ability to simplify a series of process.
How to exceed expectations and add the most value?
An individual who brings energy — devotes their time — and is dedicated to problem-solving.
What strategy would you recommend new business owners focus on to best ensure success?
- Keep a journal
- Find simple solutions
How best to connect with Tim: