Tru Mentors
Join us as we dive into the inspiring stories of businesses that have risen from humble beginnings to unimaginable heights. Each episode, we'll bring you exclusive interviews with the visionary entrepreneurs who have defied all odds and achieved extraordinary success.
Discover the strategies, mindset, and invaluable lessons that propelled these businesses from nothing to everything. Whether you're an aspiring entrepreneur or a seasoned business owner, "TruMentors" offers a wealth of insights and inspiration to fuel your own journey to success.
Get ready to be motivated, educated, and empowered as we unlock the secrets of those who have conquered the business world. Don't miss out on this enlightening podcast - "TruMentors", where true success stories are shared and celebrated. Stay tuned for our first episode.
Tru Mentors
Conquering the Crypto Market: Insights from a Seasoned Miner Pawel Tyrala
In episode 6 of Tru Mentors, Derek Skubisz interviews Pawel Tyrala as they delve into the world of Bitcoin mining. Pawel shares his personal journey and experiences in the industry discussing the ins and outs of Bitcoin mining, the challenges faced, and the lessons learned along the way.
Tune in to gain insights into the evolving path to success in the dynamic realm of cryptocurrency.
TIMESTAMPS
[00:00:44] Bitcoin Mining Journey.
[00:09:27] Mining Cryptocurrency Profitability Trends.
[00:14:09] Electricity Costs and Business Decisions.
[00:23:40] Insurance Premium Insights.
[00:26:05] Property Tax Issues in Illinois.
[00:31:40] Small Acts of Kindness.
[00:33:40] Communication Preferences in Modern Society.
[00:40:13] Investing and Financial Growth.
[00:45:55] Cryptocurrency and World Debt.
[00:49:48] Value of Growing Up Poor.
[00:51:19] The Lost Generation.
[00:53:59] Importance of Meaningful Conversations.
[01:03:04] Role Models and E-Commerce Shifts.
[01:09:03] Taking Risks for Success.
[01:11:05] Investing in Mining Farming.
[01:14:39] Investing in Bitcoin for Profit.
In this episode, Derek Skubisz and Pawel Tyrala discuss the challenges and risks involved in running a business, including navigating fluctuating markets, managing expenses, and making strategic decisions. Despite facing setbacks and periods of losses, Pawel remained resilient, investing time and money into his business.
Furthermore, Pawel highlights the significance of having a clear vision for the business's future. He shares a strategic decision to move his Bitcoin mining operation to a different state to enhance profitability, showcasing the importance of adaptability and foresight in achieving long-term success.
QUOTES
- “But another thing is people don't even realize like small little things. Like for me, it has helped me out so much in business and stuff. And I wear my company stuff wherever I go.” - Derek Skubisz
- "A lot of people think that I have an attitude and I'm angry towards them. But it's just the way we talk. And that's how we were raised. Just be direct. Don't waste time. Get to it." - Pawel Tyrala
- “No matter how hard you get hit, you gotta understand that you can make it back up again. You could. If you already got that far once and you fail, you can do it again.” - Pawel Tyrala
SOCIAL MEDIA LINKS
Derek Skubisz
Instagram: https://www.instagram.com/derek_skubisz/
Facebook: https://www.facebook.com/people/Derek-Skubisz/
LinkedIn: https://www.linkedin.com/in/derek-skubisz-b015051a3/
Pawel Tyrala
Facebook: https://www.facebook.com/pawel.tyrala.1/
Instagram: https://www.instagram.com/asolutionsautoparts/
WEBSITE
Lifetime Restoration Inc.: https://lifetimerestorationinc.com/
A-Solutions Auto: https://www.asolutionsauto.com/