Episode 63: Complexity is the enemy of speed, with Tim Fargo.

Published: Sept. 8, 2015, 8 a.m.

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Growing up in a blue-collar neighborhood, Tim sought out his fortune early, but it remained elusive. Even after bankruptcy in 1991, he persevered. In 1996, he started his umpteenth business, but this time he grew it to over 300 employees and sold it for $20 million in 2003. Now, he\'s bootstrapping again with his time-saving content manager, tweetjukebox.com. Having laid a tremendous groundwork through his two years on Twitter, the app is taking Twitter by storm. In 2016, the service will expand to other social media platforms as well. \\xa0

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Secret -- time saving technique

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Making a list of two or three vital priorities is the go-to timesaving technique that helps Tim move his business forward. ONWARD!

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Daily habit that contributes to success

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Tim exercises every morning, which helps him kickstart the early part of the workday.

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Could have ruined your business -- but now -- an invaluable learning experience

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Tim had to go through a long legal process -- and Tim tells the whole story here.

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Most critical skill you think business owners need to master to be successful

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\\u201cA business owner needs to understand that expertise isn\'t determined by a range of skills.\\u201d

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Most influential lesson learned from a mentor

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\\u201cThere are a number of important values to impart on a business\'s culture -- so keep the ball rolling.\\u201d \\xa0

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Final Round -- \\u201cBreaking Down the Recipe for Success\\u201d

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What systems would you go back and put into place sooner?

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I would have gone\\xa0back and put a simple component based system in place to help with the flow of business.

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What one strategy or \\u201crecipe\\u201d would compound into big wins for business owners?

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Being nimble is dictated by a business owner\'s ability to simplify a series of \\xa0process.

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How to exceed expectations and add the most value?

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An individual who brings energy -- devotes their time -- and is dedicated to problem-solving.

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What strategy would you recommend new business owners focus on to best ensure success?

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  1. Keep a journal
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  3. Find simple solutions
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How best to connect with Tim:

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----------Find us at Onwardnation.com--------

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