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The classic American entrepreneur
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Overview Transcript Case Study Video
They started verty small with a lot of land and a shrimp business that was on hard times.
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At first, they lived in their cars on the property.
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Gibsonton, Florida. We go In the Trenches to meet Tim Hennessey the founder of Ekkwill Wildlife Resources. Tim is a farmer, but not in the dirt. He grows fish in water! And, he ships over 700 species of tropical fish to pet stores and homes all around the world.
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Tim says, "We were able to put together a series of three debt instruments, three notes, that were secured by assets that came along with the farm that we had not purchased yet, so with a stroke of a pen, we executed all these debt instruments at the same time, and we were able to buy the farm with no cash... literally... with $5.
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Life is all about creating value
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A few Key Ideas about Fishing
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1. Brains are more important than bucks Tim Henneseey
2. Patience pays
3. Innovation differentiates
4. Do what you say you're going to do
5. Win an award
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Other Segments of this episode
Ron Willingham Integrity Selling. Ron Willingham, author of Integrity Selling and several other books -- When Good isn't Good Enough, The Best Seller, and Hey, I'm the customer talks about the heart of business.
Laura Nash Do the right thing. Small Business SchoolProfessor Dr. Laura Nash of Harvard University and Boston University is the author of Good Intentions Aside and talks here about business ethics.
John Dolan Law Talk . John Dolan talks about the home office deduction and cautions viewers to be sure it is your principal place of business
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