Juggling Entrepreneur Podcast
Get ready to dive into a treasure trove of inspiring interviews with parentpreneurs! Join us as we chat with parents who are juggling business ventures and family life. They’ll share their highs, lows, and golden nuggets of wisdom to help you thrive on your own entrepreneurial adventure. Tune in for some serious motivation and practical tips from those who truly get it!
Juggling Entrepreneur Podcast
Balancing Parenthood and Entrepreneurship: Bob Shami's Inspiring Journey
Bob Shami shares his experience navigating the chaotic world of entrepreneurship while raising a family, emphasizing the importance of bootstrapping and personal accountability. He challenges the notion that success depends solely on funding, advocating for a focus on developing valuable products and maintaining a positive mindset throughout the entrepreneurial journey.
• Bob's journey into entrepreneurship and its beginnings
• The complexity of balancing work from home with parenting
• The impact of bootstrapping on entrepreneurship
• Challenging the importance placed on startup funding
• The role of personal accountability in achieving success
• How entrepreneurship influences children's aspirations
• Tips for aspiring entrepreneurs starting their journeys
• The necessity of education and knowledge in business
• Concluding thoughts on perseverance and positivity
Stay healthy, stay positive, and keep striving for success!
Hi everyone, welcome to the Juggling Entrepreneurship Podcast. And this is the podcast where you will hear amazing stories and motivation from the parents who are entrepreneurs who are acing it, and today we are excited to welcome Bob Shammy to the show. Bob is a founder and CEO of Shammy Media Group, a multimedia company specializing in content distribution and publishing. A multi-startup entrepreneur, bob Ventures included Inno8, music Dash and NFHeads, showcasing his versatility and innovative spirit. With a background of music production and a key eye in emerging trends, he has successfully navigated the evolving landscape of digital media. Get ready to dive in into his engagement conversation with this dynamic leader revolutionizing media and startup industries, along with his spirit of truth. Welcome, bob to the show.
Speaker 2:Well, thank you, what a great introduction. The show is over. You said it all.
Speaker 1:Thank you.
Speaker 2:Yes, very kind of you, really kind words. I'm Bob Shammy. Yes, I'm a dad, an entrepreneur. An entrepreneurship is something that I think, the minute you decide to start your own business, first of all, whether you work from home or you work from outside In my case, I work from home and it's a decision that I decided about five years ago. I made that decision. But the minute you decide to venture the world on your own business, you become an entrepreneur. What does that mean? Seven days a week? Yes, I'm not going to sugarcoat it, I'm just going to tell you exactly.
Speaker 2:Vacations yes, you're pretty much the whole operation, especially the smaller ventures, and the bigger ventures probably too, but smaller ventures, absolutely small businesses you always have to. You're involved in sales. You're involved in marketing. You're involved in tech, even if you have no experience in none of those, you are all of those, all of these things, absolutely. So you're always involved. You're always on the phone. You're always texting. Does it get annoying? Yes, when you have kids and you're married and the kids around you? Yes. And you work from home? Yes, you know we're going to get into all of that, so I'm not going to spell the whole thing, so I'll let you just go ahead and ask me and I'll come back at you, but you've, you got to stay positive.
Speaker 1:Yes, stay positive. That's a very positive note to start with. Stay positive, always, always, always. And it's holiday season. We are recording, just if you guys don't know, it's December 30th, on a Friday at 3 pm, and Bob is very, very kind to spend his last-minute holiday time fun time with us to record and bring more motivation tidbits to the audience. So thank you, bob. Thanks a lot for that, my pleasure.
Speaker 2:And it's my birthday next week.
Speaker 1:Congratulations, happy birthday.
Speaker 2:There you go, thank you, thank you.
Speaker 1:So, Bob, what triggered? How did your first startup, entrepreneurship, startup or your entrepreneurship actually start?
Speaker 2:startup or your entrepreneurship actually start, uh, you know, initiated. You know, I started being. I always had the mindset of always doing my own thing. There's nothing wrong with working for companies and corporations, but sometimes some of us not fortunate enough to have that. I'm one of those people that really didn't have a opportunity to work for a big company and grow and take the corporate ladder, which is nothing wrong with. Again, I'll say it's great Financial security, great growth, stability, a lot of things. I never push people away from working for a company or climb up the corporate ladder. No, they both.
Speaker 2:It depends exactly what you want. Yes, there's so much social pressure out there. Oh, you got to be an entrepreneur. If you're not, you're this. If you're not, you're lazy, you're a loser. No, no, no, this is all just just rubbish. I have to say. It's so much noise out there. No, school is good.
Speaker 2:Learn, get education. Education is amazing, obviously, and that's the first thing I put in front of my kids education, education. Do whatever you want, but make sure you have your education, make sure you have your degree. You know, because it's something always to fall back. You know. First, you learn how to communicate. You learn a skill whether you want to be a doctor, you want to be a lawyer, you want to be in the tech business, you know an engineer or whatever it is. You always could go fall back at it. Number one. Number two when you work for big companies, big corporation, you learn. You learn so much knowledge. You establish a network, a connection, which is very important. You start to learn. The market, so is entrepreneurship is something I would say is overrated, in a way a bit.
Speaker 2:Yes it is yes, it is overrated because a lot of people take it for just the word. It is the value of the word oh, being an entrepreneur, I'm a winner, I'm a success. Great. Have this attitude, have this positive thinking and positive mindset. You need it in anything in life. Whatever you do in life, whether you're an athlete, you're an entrepreneur, you work for a company or leader anything you do in life, it doesn't matter what it is cutting the grass for other people, it's fine. You need that positive mindset, with a smile and a positive mindset, absolutely.
Speaker 2:But I started it years ago, many years ago, I would say. And I had a job. And was I happy? No, I wasn't. I always wanted to do my own thing and it was always the music business. Was I a musician? No, did I play music? No, did I know how to record from cassette to cassette back in the day? No, as a friend of mine told me, bob, you had no business being in the music business. It was more of a mindset and a passion. Yes, the reason for it. I love the challenge, I like the challenge, right? Yes, I did work in Wall Street.
Speaker 2:I was a stockbroker when I was young. We're talking about 21 years old, yeah, 20 years old, yeah, around then that's when I really took my entrepreneurial I would say entrepreneurial trip, entrepreneurship trip yes, good, yes. So it started back then, but it was hard, it was really hard. I was single, obviously, and I worked from home. I turned my living room to an office and my bedroom where I sleep I turned it to a studio little, a small den area between the living room and the bedroom, in New York, and it was on Wall Street. So that's when I decided to leave Wall Street. And was I successful? I was a beginner. It was a new thing for me to be in the stock market, dealing with stocks and bonds. I was a good salesman, really good. But again, it was tough and I got into it at the worst time. You know, they say everything is timing in life. I believe it and I don't, but that was a bad timing. That's when the market crashed. So it was a tough time for me. But, yes, I turned my whole living space into work. So I let breathe.
Speaker 2:Being an entrepreneur, my own business, it was a record label. Back then I decided to do so somehow, working hard and working at night, having a job at night. I had to get a job at night, to support myself, to pay the rent and to pay the employees. Believe it or not, I had a guy who come in and help me in the daytime to work with me. He had an experience in the music business and I had a studio. So my life pretty much was always noisy, busy, no time to rest, no time for a break and nothing. And that's one of the main things and the key factor for an entrepreneur. It's tough. You have to learn everything. Number one you have to be a good salesman or become a good salesman. If you're not, then become one. Learn about marketing, learn about how to penny pinch. I wasn't savvy enough to ask people for money. I really was not. I didn't get any money from anybody, so I had no investors, nobody giving me anything, so pretty much I had to.
Speaker 1:You're a solopreneur.
Speaker 2:Yes, solopreneur, Absolute solopreneur, yes, so I would say some of the most successful independent startups are people without funding. They call it these days. They call it. What do they call it If you have no funding? What's the word I forgot?
Speaker 1:Everybody uses the word bootstrapping yes, bootstrapping yes.
Speaker 2:So I bootstrapped it for a long time, but you know what?
Speaker 1:That's not easy, no, you appreciate it, you learn you learn and you learn how that accountability factor, when it comes.
Speaker 2:Oh yeah, when you're bootstrapping.
Speaker 1:It's a completely different ballgame when compared to it's again. Obviously you will have more accountability and more value, because that is your hard-earned money. Yes that is your hard-earned money and that strategy and the planning that you put in spending that money, you will think four to five times more. That's what I have learned because I bootstrapped my startup too.
Speaker 2:Correct and you learn in the beginning, you're not going to learn it. You're just like oh okay, this is a business that I'm supposed to spend. I'm supposed to spend and you learn. No, you're'm supposed to spend. You know I'm supposed to spend and you learn no, you're not supposed to spend. You're supposed to be cheap. Yes, use that word cheap.
Speaker 1:It's supposed to clinch in your face and do a lot of things by yourself, and not many people understand it. And most of the people think when they're entrepreneurs is oh, you start up with an idea and you will get all the customers right on place. You will be. You start up with an idea and you will get all the customers right on place. You will be, you know, following up with the assistants and the team members. But the reality is, especially when you're bootstrapping your own startup and you have so much of passion and motivation to make your startup into a real product or a service, there are no. You are your assistant, you are the CEO, you are the CEO.
Speaker 1:You are the CFO.
Speaker 2:You know it's funny. You said something that you know. This is what's wrong with a lot of the startups these days. Really, this is what's wrong with a lot of the startups. A lot of everybody said, you know, first thing out of their mouth we need to be funded, we need money. And everybody said, behind their computer, looking, we need to be funded, we need money. And everybody said, behind their computer, looking good, in their home office or whatever they are. And this one I'm supposed to do, I'm supposed to be here, make my calls, and that's it. I look for investors. You know they forget about. They forget about growing the product, making the product valuable. And why I say that? Why the big big? Why? Because a lot of startups done based on two things Based on an idea.
Speaker 2:Somebody just came up with an idea. It's like oh, it's a great idea. Did you study? Yeah, I did a little research and I looked it up. No, were you in that business for a long time? Did you work in that business for some years? Did you gain the knowledge? Did you gain the connection and did you see the issues that really out there? And that's why you came up with this idea, because there's a problem, there's a gap and you have the solution. A lot of times they think they do, but they don't. Because they never worked in the business, they never gained the knowledge and the experience and the know-how based on an idea or based on copying somebody because they made money. Oh, this guy made a lot of money based on that idea, but that idea that other person came up with, he based it on a lot of factors, factors that he was in the business, he learned, he saw a gap, he saw a problem and he came up with a solution. So copying is okay, but copying on a basis of you having a better solution and understanding the market and understanding the gap and knowing the issues that people come across, and you have a solution for it.
Speaker 2:So, and on top of that, a lot of startups, all they want is to sit down and collect money and hire others. Nobody willing to put to work. That's the other problem we have now. Nobody willing to pinch their penny and say I got to figure it out. You're a business owner, you're not going to just depend on other people's money. Oh, I'm sitting here, I'm trying to get funded. Oh, we didn't get enough. We ran out of money, you don't know how to hold on to money number one. You don't know how to run a business. You don't know if what you're doing is right or not, and these are issues. That's why they say the rate of success in a lot of these startups 80% fail and 20% maintain, and some succeed. It's a really it should be 50-50, but it's not. It's really not.
Speaker 2:And I have a few podcasts and I talk to a lot of entrepreneurs and a lot of startup companies, founders from all over the world, and some of the issues I come across that wouldn't be telling their stories is that what I just said? But some of the successful ones that I really interviewed I came across are the ones who bootstrapped it. They are the ones who really came on top. Yes, nothing wrong with asking for money later.
Speaker 2:Show success, people attracted to success. Show that you care. Show that you breathe, you eat, you sleep. It's in your vein, it's in your DNA. The business. Show that and money will come. Don't worry about the money, I think. Work hard, build your product. Make sure you're able to place it in the market. There's something they call market placement. What does that take? Salesmanship Get on the phone, get on your email. Create relationships, get your product out there. Make sure your product is also wanted. People are willing to pay for it. It's needed. It's something that really is going to fill a gap out there and a lot of these things I see nobody's doing them. Nobody is doing them. A lot of things are based on good ideas. Good ideas are not enough.
Speaker 1:Yeah, and I think the one important point that you basically see between startups is there are products or services that are brand new, right, that nobody has ever done before, where they have seen a gap of the service or a missing block in a puzzle and they built it. And there are, second, different kinds of startup where there is also, as you said, there is a solution in the market but you are doing it differently or more efficiently. For both of these kinds of startups, again, it needs the persistence, it needs the patience, it needs that accountability. Why I'm again going back and what you're also trying to say accountability factor is that without accountability factor it's really hard to measure and the startup success in the first one or three years, based on which kind of startup and industry you're in, is the hardest, hardest time for any entrepreneur. Do you agree? Yes, 100%.
Speaker 2:The problem is there's a difference between money given and money earned. Money given and money earned. Now, yes, there is startups out there with extraordinary ability, people with really high IQ, and they came up with amazing ideas, whether it's brick-and-mortar ideas, startup for a store, a retail outlet or something or a product. They actually develop a tech product. You know that they actually developed and it's definitely, um, a revolutionizing product. Yes, those ideas. Now, yeah, you know, you, uh, you have that ability and you come up with something. You need. You do need the funding for that, because you're so focused on making the product perfect, but something new, something we never heard of, something that's going to change our lives, something going to make our humanity better, something that's going to save us time and then take us to the next level. Yes, those ideas always get funded, always because investors know they see. So you do need some accolades. It's not just about the idea. I say it again, it's not just about the idea. You need some accolades. It's not just about the idea. I say it again, it's not just about the idea. It's about the product that you develop, you know, or that you, the skill you have, you've been, you had a success in a business that used to work for other companies and you had a success. You learned it. So people come to you not based on the company that you started. No, they invested on you because you have the skill and the knowledge and the relationships. You have these three main components that make a business successful. They know of your hard work. They know of your how should I say being consistent and being persistent and understand. You know and you've been in the business, you understand it, you understand the business. So they come to you. They'll give you the money because they know you're going to make it successful. You work for other company and they saw what you've done there. So, yes, it's really the word entrepreneur again, it's overrated because of the way we've been handling it, the social pressure.
Speaker 2:A lot of young kids don't want to even go to school these days. Oh, why should I go to school? I want to quit school. They take one example and they forget about reality. Nothing wrong with being ambitious. Ambitious is great. Nothing wrong with it. Nothing wrong with having dreams, nothing wrong with having hopes. If we don't have dreams and hope, life is not worth living anymore. So it's all about hoping and dreaming and being positive and progressing and having a vision and going forward. It's all about that. But if you lose these things, sure, life is dull, it's nothing. Just sit down and eat potato chips all day. Sometimes I feel like doing that. I was just hanging out on the beach.
Speaker 2:But yes, being an entrepreneur is a journey. How should I say it's an endless journey? Yes, you're always on the go, you're always involved and you're always coming across challenges, because you always need to adapt to new ways and you always need to become innovator yourself. You have to be there. You gotta always innovate and adapt and change to better and better, because technology is moving faster than you and faster than anything. There's always new ways of doing business, so you've got to be able to adapt to new ways of doing business. And working from home and being a dad I'll tell you it's no fun and no journey.
Speaker 1:Let's hop into your parenthood right now, Bob. So how are you juggling? Not even one startup. You have around three to four startups that you have.
Speaker 2:Yes, I do, I do. I do the music business. Nfhits is the holding company and I have a few brands. I have MusicDash, which is really one of the only unique, independent platforms out there that focuses on distribution for independent music artists worldwide with premium services. A lot of these platforms do ask for money subscription services, monthly or yearly. We don't want your credit card, we don't want your money, we want nothing from you. We just want your talented, creative, beautiful work that you've done. Come in and show it to the world. I do it the old fashioned way If you make money, we make money on the backend. We take a small percentage from your whatever comes in and we give you the rest.
Speaker 2:Now, why I believe this concept is it works. Because to me in the music industry and I don't judge anybody, I'm not here to compete, even though competition is healthy, because it teaches us to be more innovative. And my thing is, artists always look at as the cash cow of the industry. And I said it's not fair because without the artists, without the singers, the writers, the composers, producers, there's no industry. You know that the industry wouldn't exist, you know. So we kind of just sit down and listen to AI music all day. But even though the AI needs to learn from existing productions, created by talented, creative human beings.
Speaker 2:And so you know. So I would say you know. So I came up with the solution. I said so you know. So I would say you know. So I came up with the solution. I said you know I'm going to create a platform it's for free, with premium services. You know, we provide ai generator to create artwork at a push of a button. We we provide ai um mastering and mix down tool for free, and we provide also AI marketing and promotion tool for free, because these are the main thing an artist need Promotion, artwork for their single or album or AP, and also mastering. All of these things cost money and all of these things you have to go to different platforms and you have to pay.
Speaker 2:And so I create a small ecosystem, that little community in Music Dash. I want to bring fun, I want to bring the easiness of being an artist and the happiness. With no money, no money. Make money. Let's make money together. Focus on what you do best. Let me focus on what I do best at Music Dash. And the same concept. I have it on FilmmakerDash, which we focus on also distributing independent films, episodics, shows, documentaries all types, all languages, from all over the world. The same concept for free also, and the new addition we added, also called CMSDash, which really helped content creators with YouTube channels increase their by joining our CMS, which is content management system that provided by having a direct account with YouTube and not everybody gets it these days it's almost impossible to get. So we look for channels that monetize and have potential and we invite them. It could be music artist channels, it could be how invite them, it could be music artist channels, it could be how-to channels, it could be comedy channels, cars channels, and we probably help. What do we do? We help them drive more traffic to their channels, help them get more viewers, more subscribers and also more money on their advertising rates by joining CMS Dash. So everything else, the Dash group, filmmakerdashcom, musicdashcom and cmsdashcom. We also provide. We have a whitelabeledashcom, and what is that Is that we provide people with their own artist or small independent label or small distributors, their own white label setup. So if they have access and they don't want to pay money for anything, we'll do the whole thing for them for free.
Speaker 2:Plus, not to mention my love for technology and my passion. I love it Because without technology nothing exists, you know. And Innovate I-N-N-O-V-8.ai. Yes, innovate is really. I created Innovate because I love technology and I'm so passionate about it because the music business doesn't run without technology, delivering all these talents to the world to hear and to listen to and to enjoy any technology. And Innovate really focused on helping AI tech startups to get in the marketplace, developing AI tech startups to get in the marketplace, and we're starting a new side of Innovate called Innovate Tech which really focuses on it's going to be the only and first independent platform to distribute independent listen to this word, independent software technology.
Speaker 2:Well, ai-focused softwares. There's so many software developers out there and so many software engineers independent creating their own little new softwares, but they're all unused because they come across an issue or a problem so they create the software. A lot of these softwares don't go nowhere. They end up putting them out there for free. So I'm like, wait a second, there's, there could be. Uh, there could be a diamond in the rough there. There could be, you know. And by giving these independent software creators a helping hand and helping them take their product and distribute it out there, make it available for big and small companies to use their product. And you never know. I mean, the product was created to be used, the software but nobody's looking at it, nobody's using it.
Speaker 2:So by having such a platform Innovate Tech available like independent artists, I treat it just like the music business. Independent artists create the music and they need help. Hey, we take their product and we get it out there so the whole world will see it. The same concept You're an independent software developer, you have a software that you developed and you wanna we will help you get it to the marketplace. And that's the whole idea. When you create a software, put it out there and we help you bring it to the marketplace.
Speaker 2:Because a lot of independent software developers and engineers what they do they create their own little SaaS platform. You know how many SaaS platforms are out there? So many. Any of them succeed. I would say a tiny, tiny percentage. If any succeed. You drive in traffic, everybody try to bring attention to their software, to their subscription. No, we're going to take it to the mothership that's what we're going to do and this mothership distributed to all these corporations out there and find a home for it. So we are the only and first independent digital distribution platform for independent softwares.
Speaker 1:That's amazing. I can see, as you said, as I was saying before, multiple startups and multiple innovations and being a founder of multiple startups not just the CEO, but founder tells the amount of creativity and hard work that you do. But let's switch into your parenthood role.
Speaker 2:How are you juggling? How did you juggle before and how are you juggling now? My day starts at 6 in the morning. 6 am Taking my oldest one to school a high school Then come back home, my wife takes the little ones and you know, right away I hit the gym, come back quick shower, jump here. Look at my schedule and plus I have three other podcasts so that there's no noise in the house. It's quiet. It is quiet, you know, between certain hours until I come back from school. Then I got to go quickly pick up, come back and carry on with the work.
Speaker 2:So the work really doesn't end. There's a period from morning to afternoon they're not here. Then there's a small little gap. Then I'm back at it. Then there's another gap, the dinner gap, and the chaos and the sleeping and the showers and all of that, and then you'll see me in front of my computer around 11 am to 2 pm, 11 pm to 2 am in the morning oh my God, yes. 11 am to 2 pm. 11 pm to 2 am in the morning oh my god, yeah. And I'm up at six these. Do I get enough sleep? No, I do look forward to Saturday, on Sunday, just to get up at eight to go to the gym at eight.
Speaker 1:Yes to me, that's a luxury yes, that is a luxury.
Speaker 1:Yeah, and I think that is the reality check I was re-emphasizing again and again to people who want to be entrepreneurs, because between what is expected on the glorious side of being an entrepreneur versus the reality is very important to know and how much it takes in um what I have been, as I was talking to multiple and entrepreneurs who are parents, I have seen that their kids get so much motivated and the mindset of the kids whose parents are entrepreneurs are also entrepreneur in nature. Right, they are starting a lot of creative projects at the younger age compared to the other people. Like do you see? You see that change? Like from what? Yes, I do, my oldest one yes, my oldest one.
Speaker 2:She always, dad, I want to sell this. I want to try to think what do you think of this? I want to do that. I want to sell the startup business and that you know, I'm always, you know, advocating and standing behind her and pushing her and, yes, supporting her, you know. But I do want her to focus on her studies, you know. I do want her to have the skill, I do want her to have a degree, you know, so she could do whatever she wants after that. For me, nothing better than a degree and I'm sure, yes, you, you've been through this, you know, even when you were a kid. So, but yes, they do know that dad works hard. Dad is always on the phone. They do complain on vacation when we take a vacation. Obviously, our vacation is when they're off from school, obviously, but still the rest of the summer I have to work, I have meetings, I have to do podcast interviews and projects and work with developers and all of that.
Speaker 2:So my day and my as an entrepreneur and somebody works for horn never stops. It's always working, always, oh, sometimes saturday night, you'll see him in front of the computer. Sometimes midday saturday, sometimes sunday night in front of the computer. Yes, yes, always working, always, always. So, uh, what I say? Work from outside. If you do have a chance to have an office, great. But I, the problem is, I've been doing this for five years now, working from home, and I always had an office outside and you become attached, not to your office, you become attached more to the kids. You are pretty much you're way more involved.
Speaker 2:Sometime, this involvement want to make you pull your hair where there's nothing to pull up here. But I tell you one thing the noise they don't understand. You know they barge in. Sometimes I'm in a meeting on the phone or doing a podcast interview, they just kick the door and walk in. You know, I told them so I'm going to get a sign. You knowession and recording Studio red light on. I joke around with them, but forget it. What are you going to do?
Speaker 2:But yes, it gets chaotic, it's not easy. You've got to have the patience and you've got to have the determination not to quit or stop, because sometimes being a dad or being a parent, a mom or dad, whatever, an entrepreneur working from home and you have a family, yes, more times that you want to stop than to keep going. Absolutely yeah. But then you know what are you going to do. You make that choice to be an entrepreneur and to work from home and to have a family. So you made three choices. You better stick to them. Three choices, you know being an entrepreneur, working from home and having a family. So you made three choices. You better stick to them. Three choices, you know being an entrepreneur, working from home and having a family. So it's tough, but you have to deal with it.
Speaker 1:Yeah, I think again the points that you're summarizing is the environment where the kids are grown, when they have an entrepreneur, is much more kind of the nurturing factor for them to think creatively, think outside the box and have that motivation to try to solve the problems Correct.
Speaker 2:Absolutely yes. I mean, you know, if I'm a doctor and our kids, my kids, hang out with me in the clinic, let's say in the summer holiday, yes, they're going to grow, they're going to come home and play and wear a white robe and do the same, and you implement certain things in them. I'm here in the office always working, and they see me on the phone talking and doing things. Yes, they imitate, they start to understand. You plant something extra in them beside that. You know, in life, like you got to go and they see me.
Speaker 2:I work out seven days a week. I get up early. It doesn't matter if I slept good, I didn't sleep good. I have no excuses. I complain and they do the same. You know, and they do the same.
Speaker 2:They start to adapt to it. It's like, look, our dad doesn't stop, it doesn't matter. You know I help clean the house, the laundry and all of this. They see. And then you plant certain seeds in there, because kids watch is like a white piece of paper with a recorder and a camera. You know whether you behave negatively or positively, they're going to grab both and you try to be perfect, but nobody's perfect. So I get it. Yes, we all make mistakes, we all yell, we all have our moments and all of that, but at the end of the day, you do your best, but make sure, when you take these responsibilities of working from home and being an entrepreneur and having a family, to stick to them, because they're very important and they're going to be actually the key to your success, because when you pass these three, you're fine actually the key to your success, because when you pass these three, you're fine.
Speaker 1:Yeah, yeah, amazing. Um, we will wrap up this podcast, uh, by asking a few questions um in other words, I would say key takeaways to the audience. Um your suggestion for entrepreneurs who are starting their journey First time, they want to create the startup, any key points? And they can be like parents, right, who are doing a high job but they have this urge to start a startup and they have a creative idea. Any suggestions for them?
Speaker 2:Yes, anybody who. If you have a family and you want to have your own startup, the most important thing it's not about you, about the family. What does that mean? You have a passion, you have a drive and you have a vision of a business you want to create and you have no funding. And it's you, your idea and your knowledge and experience that you have. But remember one thing that you have a family to feed. So either you have enough money saved that you don't have to worry about, or you either have your wife or your husband whoever's deciding and whoever's working she makes enough money or he makes enough money to support both of you.
Speaker 2:Because having a startup is really it's a journey. It's a rough journey, as they say. The road to success is always under construction, so it's not going to be smooth, it's going to be a rough road. Bill's going to come in Once you start a business. Yes, you're going to check the mail and envelopes will come in and bill for this bill, for that bill, for this, and if you have digital, you'll have them in your email. Oh, due to pay your credit card, your this, your subscription to that or whatever you do. So make sure I'd say, um, strategize it and think about it and organize it. I'm not saying don't do it, no, do it, but organize everything. You know the expense has to change. Uh, you kind of just start going on vacation and buying the gifts because you have no longer a secure job. Now you started your own business.
Speaker 2:We don't know, there's no time limit. It takes sometimes six months to start to make money. It could take five years to start to make money. Nobody knows. As they say, it's like the bamboo tree, the Chinese bamboo tree, that it takes. What does it take? They say five years to build the roots and everything underground and nobody knows. But you got to keep feeding it water every day, every day, and it takes about, I think, 90 days, or 60 to 90 days to grow about 20 feet or 10 feet. Yes, so all this work you put in, nobody's going to see and you're not going to see anything of it.
Speaker 2:So don't put on time limit the key to fail. When you say, oh, I'm going to give this six months, you're failing. It's like a relationship, it's like anything, anything in life. No, I'm going to give myself six months to succeed. Really, you know, after six months, that number seven like the month, the first day and the seventh month. You're going to succeed. Check's going to come in. No, I'm going to give myself to work out six months or three months, see if I can lose weight Really. So you're going to start. You just do it because you want to do it, you have a vision, you have a passion for it. So there's no time limit to it. As I said, never a time limit. You keep doing it and you keep doing it and you keep growing and you keep adapting and you keep learning. And it will happen if you have the passion and the vision for it. But if you're here and your mind negatively somewhere else and it's like I don't know, no, it's not going to work, you're not going to succeed.
Speaker 1:That's amazing Closing this. I think it's very emotionally driving, but also very, very knowledgeable, bob, because we have talked, especially in this episode, about a lot of reality checks that people misinterpret or they are unaware of going through the hardship journey of an entrepreneur, especially yes the parent entrepreneurs who who have so many things to think about right, About family, about their passion, about continuing their entrepreneurship journey. So, thank you again. So much, Bob Shami. Once again, everyone kudos to you.
Speaker 1:And you are a real-time example for all of the parent entrepreneurs with your series of multiple startups and people. If you are interested, please do check InnoV8 and MusicDash and get inspired, and these are amazing, amazing platforms. He's trying to help multiple clients and artists through those platforms so please, whenever you have time, take a look at it.
Speaker 2:Absolutely One thing I just want to end this podcast with besides staying positive, stay healthy, because if you're not healthy, nothing could be done. Stay healthy, that's it.
Speaker 1:Stay positive and stay healthy, the quote of the day by Bob Shabby.
Speaker 2:Thank you everyone have a good day, my pleasure. Thank you for your time, so honored to be on this podcast.
Speaker 1:Thank you so much again for coming in. Your time is really precious and thanks for sharing the knowledge with us today.
Speaker 2:Thank you.