142 | David Zamarin Shares Why Risks Can Actually EXPAND Your Sales Potential
Release Date: 03/16/2020
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Success Unfiltered
Do you feel like you have to cut your prices, or are find yourself constantly frustrated with clients who don’t appreciate you? In this special episode of Success Unfiltered, Chris Voss, former FBI hostage negotiator and CEO & Founder of The Black Swan Group Ltd, joins me for a conversation about recognizing your value, reclaiming your time, and how to create a business that you love to work in.
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159 | Shadi Bakour Shares the Importance of Believing in What You’re Selling
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Episode 158 | Noah Robbins Encourages You To Expect the Unexpected for Entrepreneurial Success
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Episode 156 | Jeff Martin Shares How to Leverage Negativity and Naysayers into Success
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Episode 154 | How to Stay True to Yourself in Business and Entrepreneurship with Dave Hirschkop
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Episode 153 | Ashlee Ammons Shares How to Keep Your Entrepreneurial Emotions in Check
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152 | CocoVinny Zaldivar Shares How to “Tap” into Your Own Power and Flow Your Way to Success
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151 | Why You Must Choose Action Over Perfection with Caron Proschan
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info_outlineWhen was the last time you took a huge business risk?
Driven to overcome the challenges faced by immigrant parents, David Zamarin has made a name for himself as the Founder of DetraPel, the latest in his series of ventures that appeared on Shark Tank Season 9. He also co-founded two other companies that he has since exited out of. In 2016, the Babson student was considered as one of Philadelphia’s Entrepreneurs of the Year - at age 18. A member of several advisory boards, David seeks to give back as well: he coached a youth soccer team, sat on the Youth Advisory Council of SEPTA, and does numerous speaking engagements while mentoring at several youth entrepreneurship programs.
David’s background and innovative entrepreneurial spirit makes him an accomplished and inspiring leader, as he is always looking to get involved more.
Do you ever feel like you’ve got one foot in and one foot out of your business?
Like you know that you can do better, but you’re afraid to take the risk and go all-in?
Throughout my years in business, I can attribute my success to one thing in particular: I jumped in and took risks in business!
When you learn how to take risks, it completely changes how you run your business. You are willing and able to calculate what it’s going to take to succeed, and what small steps you have to take in order to achieve that success.
Taking the time to evaluate the risks makes it easier to handle the NO’s that you’ll hear along the way.
You’ll also be equipped to take even more risks, and say NO to the opportunities that are not right for you and your business!
Going all in and taking business risks are going to make a huge impact on your business.
This week’s guest on Success Unfiltered, David Zamarin, began his entrepreneurial journey while he was still in high school. He was guided by many different people, and learned that ultimately, he had to say NO to some of the advice he was given, take giant risks, and lean into his strengths!
If you’re ready to be inspired to take risks and go all-in with your business, you won’t want to miss this week’s episode of Success Unfiltered!
Enjoy, and thank you for listening and tuning into Success Unfiltered!
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Special thanks goes out to David Zamarin for taking the time to chat with Michelle. Be sure to join us on 3/30/2020 for our next new episode!
When Was The Last Time You Took A Risk Your Business? Maybe you’ve been bogged down in “what ifs.” Maybe you believe risks have to be outrageous to pay off at all. But neither idea will help you get to the next level in business OR life. What will? Being smart, being brave, and taking risks. In my FREE checklist, I will show you how! Click here for The Calculated Risk Checklist: 3 Ways To Take Business Risks With CONFIDENCE.
Here are a few key secrets we talked about in this episode:
- Michelle introduces David Zamarin.
- David shares how he started his company when he was only a sophomore in high school.
- One of the biggest mistakes that David made in the beginning was listening to an advisor who told him to focus on marketing: the core of the business was their product!
- Later, when it came to looking for investors, they didn’t see the product and the potential for growth: they only saw the brand.
- While they focused on marketing, they outsourced so much of the work. This ended in a recall of some products for contamination.
- David said NO to the bad advice he had been given, brought the product back to the company, and worked on it in-house.
- It’s important to be aware of what you can do: David knew that his company worked at it’s best when they said NO to outsourcing.
- When you’re starting out, everyone is going to give you conflicting advice - keep it in house; outsource your work: you have to be able to figure out what is most important about what you do!
- Gary Vaynerchuk came and spoke at David’s school: when David heard him speak, he was so inspired he went home, revamped his entire business plan.
- Seize every opportunity that you have: David was impressed by one group that simply stood behind Gary Vaynerchuk wearing branded tee shirts.
- Don’t get so focused on the future that you forget the “small” opportunities in the present.
- Make your small goals today to reflect your bigger vision.
- David got a deal on Shark Tank, but ultimately said NO: he wasn’t willing to budge on his terms.
- “Since then, it’s been a lot easier to say NO, because [Shark Tank] was the biggest thing that I could have said NO to.” ~ David Zamarin
- Shark Tank was definitely a catalyst for David’s company’s success: they grew immensely after their episode aired, even though they ultimately didn’t get a deal.
- You have to be a risk taker in the world of entrepreneurship.
- David shares what he would tell his younger self.
Connect with David Zamarin:
When Was The Last Time You Took A Risk Your Business? Maybe you’ve been bogged down in “what ifs.” Maybe you believe risks have to be outrageous to pay off at all. But neither idea will help you get to the next level in business OR life. What will? Being smart, being brave, and taking risks. In my FREE checklist, I will show you how! Click here for The Calculated Risk Checklist: 3 Ways To Take Business Risks With CONFIDENCE.
Music produced by Deejay-O www.iamdeejayo.com