Founder: $17M to ZERO in 45 days - with Jeff Barnes

In this compelling episode, Jeff Barnes, a former US Navy nuclear power plant operator turned founder of Digital Evolution Marketing Group, shares a wealth of experiences and insights garnered from a remarkable entrepreneurial journey. Having raised over $1 billion in capital, generated $20 million in online sales, and collaborated with industry luminaries like Robert Kiyosaki, Kevin Harrington, and Steve Forbes, he is a business titan. 

Jeff delves into his journey of scaling an e-commerce business to an impressive $3 million a month within the first year, only to face a significant setback. The supplier, crucial to fulfilling orders, goes AWOL, leaving Jeff with the daunting task of refunding 50,000 customers. This disaster becomes a pivotal moment in his entrepreneurial narrative.

Jeff shares invaluable insights derived from his entrepreneurial rollercoaster. He emphasizes the critical importance of quality control, financial preparedness, trust verification with partners and suppliers, and the significance of personal well-being in the unpredictable world of entrepreneurship. Join us for a deep dive into the highs, lows, and the resilience required to navigate the challenges of business ownership.

Key Topics

• Quality control is crucial in building a successful business. Ensuring the quality of products and services is essential to maintain customer satisfaction and prevent returns and refunds.
• Financial challenges can arise unexpectedly, and it is important to have contingency plans and access to capital to navigate through difficult times.
• Trust but verify. It is important to trust your partners and suppliers, but it is equally important to verify their capabilities and commitments to avoid potential failures.
• Personal challenges can impact business performance, and it is important to seek support and find healthy outlets to cope with stress and emotions.
• Caution and risk management are vital for long-term success. Taking calculated risks and making informed decisions can help mitigate potential failures.
• Building risk tolerance and overcoming fear is a gradual process. Starting with small challenges and gradually pushing outside of your comfort zone can help build confidence and resilience.
• Book mentioned: Principles by Ray Dalio

 

About Jeff Barnes

Jeff Barnes, a visionary entrepreneur, digital strategist, and two-time international bestselling author, with a journey that spans from serving in the US Navy as a nuclear power plant operator to pioneering digital strategies in the corporate world.

Founder of Digital Evolution Marketing Group, Jeff's impact is profound. From raising over $1 billion in capital to generating $20 million in online sales, his achievements are a testament to his strategic brilliance. Jeff's diverse career includes managing remote teams worldwide, infusing cutting-edge tech into Global 100 companies, mentoring thousands of entrepreneurs, negotiating 6, 7, and 8-figure contracts, and successfully taking a company from $0 to $17 million in 8 months.

Beyond the business realm, Jeff coaches little league, prioritizes personal autonomy, and enjoys a happy marriage. Currently, he advises, consults, and mentors founders and CEOs, with a focus on building empires and scaling tech businesses for a successful exit.

As part of the Angel Investors Network, Jeff guarantees unmatched access to investor leads. His clientele comprises business owners and founders aiming to scale and exit their businesses within the next 3-5 years for a mini