As former startup entrepreneurs and VCs from Silicon Valley, husband-and-wife team Simone Collins and Malcolm Collins raised money from a community of investors to search for, acquire, and run a single company. They ultimately acquired and now run Travelmax, a collection of travel wholesale and management agencies.
Entrepreneurial Role Models:
Malcolm’s brother and sister in law
When business started difficulties overcame:
…I would say almost nothing. I was shocked by how easy everything was compared to science. There was so much less red tape, everything moved so much faster. Speed at which we were able to progress I literally thought was impossible in some of my earlier companies…and that really amazed me when I saw how much faster the world of entrepreneurship moved”…[Listen for More]
Favourite Books:
- Policy Paradox: The Art of Political Decision Making Book by Deborah Stone
- Campbell Biology Book by Neil A. Campbell
Favourite Quote:
- “Repeated blunt force”
- “New ideas are perhaps the fastest acting antigen know to science”
Recommended Online Resources:
- Canva – Create beautiful designs with your team Use Canva s drag and drop feature and layouts to design, share and print business cards, logos, presentations and more.
- Clearer Thinking – Free, online training programs to improve your decision making and sharpen your reasoning
- Reddit – the front page of the internet. gives you the best of the internet in one place. Get a constantly updating feed of breaking news, fun stories, pics, memes, and videos just for you.
Best Advice to Other Entrepreneurs:
“don’t delude yourself with your emotions or your sentimentality, be practical about what you do”…[Listen for More]
More About Simone Collins and Malcolm Collins:
Neil’s Quote at the Beginning:
“Intelligence is knowing the right answer. Wisdom is knowing when to say it.” Tim Fargo – Click the following link to listen to the Tim Fargo podcast on The Entrepreneur Way
Other Quotes From the Chat with Simone Collins and Malcolm Collins:
- “We are in business, we are entrepreneurs to amass money because money is the best proxy we have for power, and we need power to achieve what matters most in our lives. And frankly it’s not through business or investment that we fulfil what we believe you value most it is through other means but we really need money to get their first.”
- “the ones who win in the end are the ones that keep iterating and keep going despite something not working”
- “it’s something where you have to be tenacious and you cannot give up”
- “if we had hung on to bad ideas for too long we would have definitely failed”
- “ you have to know when to cut your losses and to start afresh and you also have to not give up”
- “if you hold onto long all of your entrepreneurial dreams will burn up but if you give up too quickly all of your entrepreneurial dreams will burn up”
- “it’s a little stressful but nobody ever said that the entrepreneurial path was the relaxing path to take”
- “where the money is is not necessarily where you are going to be happiest every day, it’s where the market demands something”
- “it’s amazing how the cultures of the different businesses we have run have affected our lives, affected profitability, affected productivity”
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