Podcasts Business Micro Empires Stepping Out On Faith with Joshua Mundy

Stepping Out On Faith with Joshua Mundy

Published: Sept. 29, 2020, 4 p.m.

Taking a leap of faith and pivot into a new ground can be scary, but it is what it takes to be a successful entrepreneur.

Welcome back to the Micro Empires Podcast! I’m your host, Jennifer Ives Grimson. In this episode, I interview one of the most inspiring native Nashvillian entrepreneurs with a huge heart for the community, Joshua Mundy.  His passion and visionary skill set have developed him into a serial entrepreneur with the ability to think of many incredible ideas and quickly take action to set a goal to meet the needs of the community. 

Let’s dive right in as we talk about how he took his leap of faith into the entrepreneurial world and pivot with a fresh foundation. 

[00:01 - 07:39] Opening Segment

  • I introduced Josh to the show and talk about how we met
  • I share some of Josh’s amazing current project
  • Josh tells us about his background and her money culture he grew up in
    • Grew up in a rather poor family
    • Hustling to make money since he was in a very small age 
    • Savings mindset
    • The late encounter of investment and stock exchange

[07:40 - 14:29] Coachable Mentality 

  • Josh talks about his early entrepreneurial mindset
    • Risk-taker mentality
    • The eager to create something out of nothing
    • The lack of Mentorship
    • Learned everything the hard way
  • Josh talks about the importance of gaining and sharing knowledge as fast as possible 
    • Especially in the African-American community 
    • Learn from others mistakes 
    • Having the Coachable Mentality 
    • Learn to be coachable 
    • Even though it is your risk to take
    • The solution to helping you move forward 
  • Josh talks about the Park Center company where we were working for
    • A place that helps the individual with mental illness get skills to get employment 
  • Starting his own Janitorial company while working for someone else

[14:30 - 28:39] Stepping out on faith

  • Josh talks about him stepping out on faith 
    • He talks about a sermon he got about Peter walking on water
    • He took the pivotal moment to focus on entrepreneurial
    • Been 17 years working for himself
  • Sold his Janitorial company at 24 and starting a coffee shop 
    • Facing a huge mess
    • Open for 45 days only
    • Lost a huge amount of money
    • Spending 2 years to recover 
  • Trying to create several companies and failing several times 
    • Landscape company 
    • Maintenance business company 
    • Buying some property 
  • Josh shares the story about signing a lease when he doesn’t have any money
    • Starting a dry cleaner company in the middle of the recession 
    • Grew his business 
    • Struggle in the first  5 years
    • Expanding his reach

[28:40 - 49:31] Planting the seed in the community

  • Create an organization called “The inner Circle”
    • An entrepreneurial community to share information 
    • Fighting against the struggling mentality in the community
  • Joining an entrepreneurship center 
  • Open The Lab Nashville in 2017
    • A creative co-working space
    • Incubated some of the best company
    • Occupied the whole building with 3 different companies
  • Josh talks about the Leadership Connect he was a part of
    •  Meeting once a week to talk about different issues 
    • The lack of diversity in the tech field 
    • Getting the African-American community out of the ‘affordable box’
    • Went to Austin to learn about the infrastructure
  • Quick shoutout to my Podcast Producers: Streamlined Podcasts
    • Use promo code: jives and get a discount
  • Revelation to start a Tech School in 2019 
    • The Philosophy of “I Just Go”
    • Approached by Juan Clark to mow his brand called ‘hood geek’
    • Came out with a name “Pivot Tech School” 
    • Start to recruit people and instructors 
  • Helping people to get opportunities by training them with skill sets
  • Investment in the education sponsorship 
    • Engage with your investment and follow it
    • Mentoring program from the sponsor  
    • Setting people up for success

[49:32 - 01:11:41] Pivoting to a Fresh Foundation 

  • Josh shares the story when the building got hit by a tornado on March
    • Watching the building got ripped off
    • Losing 3 income streams in a second 
    • Dealing with the shock 
  • Building a company from a fresh foundation 
    • Revelation to pivot
    • Spent a month to process the loss
    • Starting in the fresh foundation
    • Got prepared for COVID19
  • Pivoted to the virtual classroom
    • Start the virtual classroom 
    • Expanded the growth model
    • Opening the door for everyone 
  • Josh shares the story about Deandra, a girl who got the scholarship 
    • She did not have the money for a deposit 
    • Diandra used her talent to fund her pivot and create her way
  • The goal to get a thousand minorities to get six figures in 3 years
  • What is the one thing that you would need to be a successful entrepreneur?
    • Be willing to take a risk and to fail 
    • Develop a tough skin
    • Be willing to bet on your self
  • Innovation is created in the pressure 
    • Have the mindset of winning

[01:11:42 - 01:13:08] Closing Segment

  • How to get more from Joshua?
    • See links below
  • Final words

 

Tweetable Quotes:

“Public opinion around failure is what paralyzes people from taking that leap into entrepreneurship.” - Joshua Mundy

“You can really achieve what you put your mind into.” - Joshua Mundy

“ If you want  to be a successful entrepreneur, you have to be willing to take a risk and to fail.” - Joshua Mundy

“You have to conquer your fear of failing because innovation is only created in the pressure.” - Joshua Mundy

 

Resources Mentioned:

 

If you’d like to connect with Josh you can find him on Facebook, Twitter, and Instagram. Learn more about Joshua and his project on his website at https://www.joshuamundy.com/. 

You can connect with me on LinkedIn, Twitter, Instagram, and Facebook. I’m excited to know more about you. Also, feel free to shoot me an email at jennifer@micro-empires.com.You can call or text 213-973-7206. 

 

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This podcast is about YOU.  We all have a story; whether your story is a lot like mine or totally different. Maybe you have a good job, but you know in your heart that you want more. 

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