Adventures Of A Serial Entrepreneur: Starting & Growing A Business In The Same Industry, Nellie Akalp, TBJApodcast 334
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She started a business with just $100 and eight years later sold it for $20 million. Then she started another company. Nellie Akalp shares her top tips on starting & growing a business in the same industry.

Nellie Akalp is a serial entrepreneur, small business advocate, speaker and author.  Her first business was started with $100 and sold eight years later for $20 million. Today she is the founder & CEO of CorpNet.com, an online legal document filing service, where she helps entrepreneurs start a businessIncorporateForm an LLC, set up Sole Proprietorships (DBAs)  and more for their businesses.

Nellie has been named a Top 100 Small Business Influencer by Small Business Trends the last five years and CorpNet.com has been recognized on the Inc. 5000 list of fastest-growing privately-held companies in America in 2015 and 2016.

Icebreaker

Nellie is a mom of four who just celebrated her 20th year anniversary with her husband and business partner!

Think Like A Journalist Quote …check Lori pronunciation

“Dear optimist, pessimist, and realist–while you guys were busy arguing about the glass of wine, I drank it! Sincerely, the opportunist!” –Lori Greiner, QVC Host and Shark Tank Investor

Success Quote or Tip

Love what you do and do what you love daily. 

Career Highlight

Nellie and her husband started her company during the early stages of the Internet. She grew that company and sold it to Intuit. She did it all over again in the same industry with a new business. Her career highlight, the moment when a publicly traded company wanted to purchase their company and they announced it to the team.

When It Didn’t Work

They launched their current company within the marketplace when it was saturated in 2009. They started investing in a ton of ad expense and was giving a negative return. Find out the bold move that Nellie made to save the company.

Top Tips Adventures Of A Serial Entrepreneur: Starting & Growing A Business In The Same Industry

  1. Believe and love what you do. It starts with your vision.
  2. Hunt for your food: test your product with those you think are your optimal audience. Don’t ask friends and family members. Get critical feedback from those who would invest in your product/service.
  3. Get your legal ducks in a row.
  4. Be consistent and give it time.
  5. Have fun with what you’re doing.

What is one piece of technology, video or multimedia equipment, or app that you just can’t live without?

iPhone

One book, documentary, blog, podcast, or Internet Channel to watch?

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Delivering Happiness, Tony Hsieh 

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Contact

Twitter @CorpNet

CorpNet website

Mentioned In This Episode

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Phoebe Chongchua
Phoebe Chongchua

Phoebe Chongchua is a multimedia Brand Journalist, Brand Consultant & Marketing Strategist who is revolutionizing brand communication with consumers. She makes companies remarkable using brand journalism storytelling to grow their online presence, build a community, and gain greater market share. Phoebe is a former TV News journalist who helps brands gain a competitive advantage by learning to “Be the Media”. Phoebe is the host of “The Brand Journalism Advantage” podcast and a “Top 50 Podcaster To Follow”. Listen in iTunes or at ThinkLikeAJournalist.com

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