TMBA 530: Don't Be a Victim of Your Own Success
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Entrepreneurship is something of a gamble, and perhaps very few people understand that better than today's guest.
Mike Jackness is a widely respected figure among the eCommerce community and is the host of a brilliant podcast called eComCrew.
Mike has owned and exited several successful businesses, the most popular of which being ColorIt, which manufactured and sold coloring books aimed at adults.
On today's podcast, Mike joins us to talk about the highs and lows of his entrepreneurial career.
You'll hear how an obsession with poker turned into Mike's first major foray into entrepreneurship, how he founded and eventually sold ColorIt, and some of the biggest pitfalls that entrepreneurs face in the eCommerce space today.
Listen to this week's show and learn:
How Mike got the idea for his first business by playing a game of poker online. (7:07)
What ultimately drove Mike away from the poker industry. (19:30)
Why Mike developed severe anxiety as his eCommerce business grew. (36:29)
How entrepreneurship can sometimes be like a disease. (50:00)
Mike's thoughts on the eCommerce landscape in 2020. (55:18)
Mentioned in the episode:
Before the Exit - Our New Book
TMBA Masterminds
Sponsor the TMBA Podcast
The Dynamite Circle
The DC Podcast
DC BKK
Dynamite Jobs
Dynamite Deals
Smash Digital
Mike Jackness
eComCrew
ColorIt
Chris Moneymaker
Rounders
Doyle Brunson's Super System
PokerSource.com
Treadmill.com
Ice Wraps
Ezra Firestone
Andrew Youderian
Scott Voelker
Who Moved My Cheese by Dr. Spencer Johnson
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Enjoyed this podcast? Check out these:
TMBA519: Chasing Growth: What Happens When Your Business Burns You Out?
TMBA527: Letting Go of Your Ego
TMBA528: The Brenwall Code
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Have comments about the show?
Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?
Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.
Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian