Episode description

Over the course of a decade, Steve Chou has created multiple 7 figure businesses. During that time, he set out on a journey to build a life of balance. What he found was an endless schedule and work that wore him and his family down. A hard lesson to learn, but he did learn, and change.

It’s no surprise that Steve’s new book is called The Family First Entrepreneur. He delivers a series of simple principles that can guide your decisions to help you establish your own solid foundation to build the life you’ve dreamed of and support those you love.

He’s highly renowned for his work and leadership in the e-commerce space and has taught thousands of students how to profitably sell physical products online through ProfitableOnlineStore.com.

In today’s discussion, we get into the beginning of when he launched the blog, MyWifeQuitHerJob.com. Now it’s been featured in leading magazines such as Forbes Inc., The New York Times, Entrepreneur, and MSNBC and it’s grown into a popular podcast, rated among the top 25 marketing shows on all of Apple Podcasts.

Steve Chou who also carries a bachelor's and master's degree in electrical engineering from Stanford University runs BumblebeeLinens.com along with his wife. They put on an annual e-commerce conference called The Sellers Summit.

Highlights from the episode: 

• His wife quit her six-figure salary job — 3:04
• How much money is enough money? — 7:13
• The four-burner theory — 8:01
• Maximizing your leveraged time — 28:29
• The Family First Entrepreneur — 43:16

Enjoy!