Entrepreneurs talk all the time about doing their own thing and breaking the mold in their careers, but not everyone can manage both their resources and the trade-offs in front of them effectively. Let’s take a look at someone who’s learned to do both with incredible success.
Paul Sparks is a lifelong innovator with a background that ranges from engineering to real estate to the blockchain. Now, Paul is focused on bridging the real estate and blockchain worlds through The Whale Club.
On this episode of the Rigging the Game podcast, Dan and Paul break down how Paul came into entrepreneurship and why, the process of navigating trade-offs in your first couple of years in a new business and dealing with the urge to go fast and test out options, and how Paul used the barbell method to maximize the upside and minimize the risk involved in his projects. Join the conversation for an inside look at an entrepreneur who’s using the commandments we’ve covered to gain a massive advantage.
Key Takeaways
- How the pandemic made Paul take a step back and reevaluate what he really wanted to be doing with his life.
- How Paul’s family and social circle reacted to the biggest changes in his career (and how to manage the scrutiny and expectations you face when you buck convention).
- What Paul’s natural curiosity and his time in CCA and around other thinkers and innovators has given him in terms of perspective and the ability to identify and eliminate his blind spots.
Favorite Quote
“There's a trade-off to growing your business, to doing all these types of projects that suck your time and your energy out. Because resources are scarce. And we can't now allocate those to the things that really get me excited, which is innovation, which is doing something that's going to impact the world in a massive way.”
-Paul Sparks
Resources
Connect with Paul Sparks
Visit Dan Nicholson’s website - Nth Degree CPAs and the Rigging The Game to learn how he helps small business owners cultivate good accounting and tax practices to achieve their financial goals.
Don’t forget to check out Dan’s book Rigging the Game on Amazon. Interested in the Certainty Certified Advisor Program? Get the information you need at CertaintyU.com.
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