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Al Doan of Missouri Start Quilt Company on Self-Destructive Founder Mindset and How to Overcome It
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In this episode, Al Doan, the founder of the Missouri Star Quilt Company turned investor at Rolling Fun, shares his journey as an entrepreneur and investor. He discusses starting the quilt company as a way to support his mother and how it grew into a successful business. He also talks about his transition out of the company and his ventures into tech startups, investing, and real estate. Al shares his passion for revitalizing small towns and his experiences as a founder, including the challenges and sacrifices involved. He emphasizes the importance of finding happiness and fulfillment beyond financial success. In this conversation, Al Doan discusses the importance of setting realistic goals and reflecting on past aspirations. He emphasizes the need to adjust goals as one grows and changes. Al also shares advice for his younger self, encouraging patience and a focus on personal fulfillment. He highlights the value of learning from failures and frustrations. Additionally, Al discusses finding joy in the journey and the importance of enjoying the process. He shares his reading preferences and talks about his exciting projects for the year, including involvement in local politics and exploring various hobbies and trades. You can watch/listen to the podcast on YouTube, Spotify, and Apple.
Chapters
00:48 Starting the Missouri Star Quilt Company
02:16 Transitioning out of the Quilt Company
03:13 Starting Let's Make Art
04:33 Venturing into Tech Startups
05:01 Investing and Real Estate
09:24 Revitalizing Small Towns
10:35 Balancing Work and Family
12:14 The Therapeutic Catharsis
17:52 Stepping Back from the CEO Role
20:14 Finding a New CEO
22:44 The Challenges of Being a Founder
23:10 The Happiness of Founders
25:30 The Cost of Being a Founder
28:19 The Addiction to Validation
29:17 The Illusion of the Finish Line
30:58 The Ego-Driven Nature of Founders
32:06 The Loneliness of Founders
33:27 The Difficulty of Letting Go
33:45 Setting Unrealistic Goals
36:06 Reflecting on Past Goals
36:18 Advice for Younger Self
39:30 Lessons Learned: Patience and Timing
41:37 Finding Joy in the Journey
44:36 Reading Preferences
45:30 Exciting Projects for the Year
45:53 Interest in Local Politics
46:47 Exploring Lost Trades and Hobbies
122 episodes
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