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REAL AF with Andy Frisella

How to Come Up With a Business Idea, with Andy Frisella - MFCEO6

REAL AF with Andy Frisella

Andy Frisella

Motivation, Mfceo, Success, Media, Andy, Social, Project, Frisella, Entrepreneurship, Business, Marketing

4.932.8K Ratings

🗓️ 14 July 2015

⏱️ 44 minutes

🧾️ Download transcript

Summary

What do you do when you have passion and a strong work ethic, but no idea or direction for a business? How do you figure out if a product or service is a "million dollar" idea? In this episode, Andy Frisella, along with co-host Vaughn Kohler and special guest Theresa DePasquale, discuss the finer points of generating and testing a business idea.

Transcript

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0:00.0

Hey guys, what's up? You're listening to the MFCEO project podcast. I'm Andy

0:14.1

Fercel. I'm here with my co-host Vaughn Kohler. And today we are joined by a

0:19.3

special guest Teresa Deepa Squally from Tampa, Florida, who is also an entrepreneur

0:25.5

in her own right and has come up with a number of successful businesses and

0:30.0

we're going to talk about a few things. What's the MFCEO podcast about? Well

0:36.9

16 years ago, me and my partner, we started a business with $12,000 that we got

0:42.3

from painting the stripes on parking lots and we rolled that into a company

0:47.5

17 years later that does annual revenue over $100 million a year. So basically

0:55.0

what we want to do is we want to bring a mentorship aspect to people who may

1:00.9

not have mentors. We want to bring you guys the truth, the no sugar coat, no

1:06.5

bullshit, reality of business. And we want to help you guys realize what can be

1:12.8

achieved because in today's society it is very common for everyone to be

1:17.6

negative and we're going to try to get you guys the tools you need to be

1:21.9

positive and to make results happen. So I'm gonna I'm gonna get started here on a

1:27.6

couple questions. Before I do Vaughan, you were just mentioning to me that your

1:35.5

wife is from Poland. Yeah, she's from Poland. She's an immigrant. She is. She grew

1:39.9

up in another town however that has more Polish people than most Polish towns.

1:44.0

What do you mean? Chicago. Oh yeah, there you go. Chicago actually has almost

1:48.5

almost more Poles than like crack out and more Poles. Yeah.

1:53.6

Kind of Poles. Got our bill polls. Yeah, well, you know, they probably run into

1:58.2

and sporting events in Poland. You know that, don't you? Problem is wherever you

2:02.1

sit, you're always sitting in a hundred pole. No, no, but she's got change

...

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