What’s In This Email

• How this entrepreneur discovered the value of humility

• It wasn’t supposed to be a business, but it made $1 billion

• #AppleEvent reveals the new MacBook Pro and iMac

• Financial relief for families in Calgary affected by E.coli outbreak

• Notable Spotlight: Maxime’s

• Notable Plug 🔌

✍️ TAKE NOTE

'You Have to Get Knocked Around a Little:' How This Entrepreneur Discovered the Value of Humility.

Kent Clothier joins The Jeff Fenster Show to share how he overcame financial ruin by swallowing his pride. The entrepreneur and real estate investor shares his remarkable journey from making millions to facing financial ruin within two years.

Key Takeaways

• Humility Over Pride: Clothier's financial decline was mainly due to his pride and an underestimation of what he didn't know. He stresses the importance of humility and learning from failures.

• The Litigation Pitfall: Clothier advises against litigation, emphasizing that it's more about finding solutions than winning or losing.

• Reverse Wholesaling Strategy: After facing setbacks, Clothier rebuilt his business using the "reverse wholesaling" concept. He accentuates the importance of converting hustle into a structured business through effective systems and processes.

• Emphasis on Core Values: Clothier underscores the significance of core values in guiding actions and decisions. His family's values revolve around their purpose, beliefs, and principles they'd stand by unflinchingly.

• Resilience and Resourcefulness: Clothier's journey is a testament to the power of resilience and the need to be resourceful in the face of adversity.

• The Jeff Fenster Show: Hosted by serial entrepreneur Jeff Fenster, the show delves into the stories of remarkable individuals who have carved their paths to success.

Read the full article here.

Shark Tank's Most Successful Brand of All Time Wasn't Even Supposed to Be a Business at First. Here's How It Became One With $1 Billion in Lifetime Revenue.

Randy Goldberg and David Heath co-founded Bombas, a comfort-focused sock and apparel brand on a mission to help those in need, after an eye-opening discovery on Facebook.

Key Takeaways

• When Heath discovered that socks were the No. 1 most requested item in homeless shelters, he and Goldberg started carrying socks to give to those in need.

• Soon, they realized there was an opportunity to help more people with a mission-oriented company operating on a buy-one-give-one model.

• They went on "Shark Tank" and struck a deal with Daymond John, who fully understood their vision and the potential within the direct-to-consumer space.

Read the full article here.

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Alberta Premier Danielle Smith got emotional during an update on the massive E.coli outbreak in Calgary that has sickened hundreds of chil... See more

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🔌  NOTABLE PLUG

🎙️ Get Into It: Stanford Innovation Lab, produced by the Stanford Technology Ventures Program (STVP), brings you conversations on the leading edge of entrepreneurship, featuring Stanford faculty and other experts on strategy, creativity, technology and intelligent growth. Listen on Apple or Spotify.

📄 Notable Hires: Director of Sales @ Moosehead Breweries Ltd. (Edmonton, Alberta)

🎓 Hope This Helps: Fusion is an app that combines your behaviour, health, and brain data for your well-being. It empowers you to track and optimize your well-being through your data analysis on mobile devices.

🧠 Today, We Learned: A birthday cake after the candles were blown out has 1400% more bacteria than before the blowing. Yum!

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ABOUT NOTABLE
Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.