Making Opportunities
Episode description
Finding opportunities and turning them into a thriving business is a part of every entrepreneur's life. And one thing that sets a successful entrepreneur apart is the ability to identify opportunities and act on them quickly. It might not be the next big thing, but it can be something to learn from. As the old saying goes, "Opportunities don't happen. They're made."
In today’s edition of the Knucklehead Podcast, our guest, Dalair Hudson talks about his fair share of screw-ups that have taught him valuable lessons that he applies to his businesses today. As an entrepreneur, he will also share his thought process on finding new opportunities and turning them into a thriving business.
Dalair’s thought process on finding opportunities:
- Be very good at understanding new opportunities
- Evaluate those opportunities
- Take advantage of opportunities that you find worthwhile
Dalair Hudsonis a US Army veteran turned entrepreneur. With the strong leadership he learned in the military, he is very well versed in solution thinking. After holding a leadership position in the military, Dalair is now directing projects in the civilian sector.
Enjoy!
In This Episode
5:00 - Dalair's screw up story and what he learned from it
10:28 - How he deals with the negative part of selling ammo to individuals
12:43 - What drives him to pursue the entrepreneur path
15:56 - How Dalair go through the process of building up his business
20:13 - Finding opportunities in the cryptocurrency space
22:53 - Dalair's painful experience with a start-up company
24:42 - His advice for conducting business with people outside the military
26:21 - What he learned from one of his biggest failures
27:53 - Dalair's process for qualifying prospects
31:09 - An overview of Dalair's current business activities
36:07 - His advice for anybody still in the military
Favorite Quote
"We had worked on trust with a lot of people before that we’re kind of like partners or recommendations. So we made the mistake of working in trust with this company. After the project was finished, the company essentially like sold the company to somebody else and they just wrote us out, didn't pay us anything on that. So we pretty much lost four months of work and couple of hundred thousand dollars." - Dalair Hudson
“I've always just been a very low-stress person in general. Nothing bothers me. So I've noticed a lot of things, but I don't always say everything." - Dalair Hudson
"If you cannot reach out and talk to them, you may not want to put as much trust into the project. You need to do a lot more vetting on those projects ahead of time." - Dalair Hudson
“My intent and the end goal for any business is to help the end customer to make life easier. If the customer that I'm working with or the product that I'm working with doesn't have that kind of mentality, I assume they're just here for the quick buck. And if that's the intent, it's a disingenuous project. It’s probably not going to be successful and I don't want to be a part of it." - Dalair Hudson
"Don't be afraid to message people. Even though there will be people that are going to kind of just shut you down or kind of ignore you, don't be afraid to send out a hundred messages to a hundred different people." - Dalair Hudson
Engage with Dalair Hudson
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