Peter Awad, host of The Slow Hustle podcast. Peter started an automotor business in college and now runs two startups, as well as hosting an in-depth entrepreneurship podcast that’s been featured on the Apple homepage. Tune in to hear Peter talk about entrepreneurship with 4 kids, how he makes money from his podcast, and what you can learn from the way successful people manage their lows.
Famous Five:
Favorite Book? – Bold
What CEO do you follow? — No
Favourite online tool? —Pomotodo
Do you get 8 hours of sleep?—No
If you could let your 20 year old self know one thing, what would it be?—I wish I had more confidence to do what I wanted to do
Time Stamped Show Notes:
01:19 – Nathan’s introduction
01:40 – Welcoming Peter to the show
01:47 – Peter has a background in e-commerce
02:30 – Peter generates revenue from his automotor business
03:07 – Gross revenue in 7 figures, and gross margin of 20-30%
04:22 – Started an unsuccessful startup which he tried to run for 4 years
05:00 – Connections for Mission Meats were made through previous failures
06:05 – Entrepreneurship is full of highs and lows
06:40 – The Slow Hustle looks at the way that successful entrepreneurs manage their highs and lows and live a manageable life
08:30 – Has hour-long interviews that dig into people’s lives
09:20 – Show has 15 live episodes, and around 8-10k downloads per month
10:30 – Producing quality relationships with interviewees
11:45 – Just signed their first 2 sponsors
12:45 – Sponsored by a law firm and by the Iowa Startup Accelerator
13:16 – Sell an 8-show sponsor pack for $3k
14:25 – Sponsor pack buys you a 60-second ‘sponsor spot’ of pre-recorded conversation
14:40 – Around a $10 CPM
14:59 – “It’s a labour of love for me...if I can cover costs it’s fine with me”
15:20 – Connect with Peter on Twitter
17:03 – The Famous Five
3 Key Points:
Don’t be afraid or ashamed of failure. Your failures will set you up for future success.
All entrepreneurs - even the most successful - struggle with managing their work and life, with fear of failure, and with emotional lows. You aren’t alone.
Follow your passions and do what you love
Resources Mentioned:
Freshbooks - The site Nathan uses to manage his invoices and accounts.
Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
Show Notes provided by Mallard Creatives
