#525 Peter Murphy: How did two 299s become 40 employees?

Peter Murphy is the CEO and co-founder of Pocket Prep, and we spoke about how failing the same certification exam twice by one point became the starting point for a 15-year software business. A former aerospace employee, Peter was trying to advance his career through a difficult supply-chain credential when he scored 299 twice on a test that required 300 to pass. That moment changed his view of preparation: “I was never taught how to study.”The method that finally worked was not reading more books, but drilling realistic practice questions until the test environment, wording, and decision-making became familiar. Peter and his co-founder turned that insight into mobile test-prep software, starting with a PowerPoint mockup, outsourced development, and a first day with two sales. From there, they expanded into underrepresented exams, hired expert question writers, and eventually left aerospace in 2015 to build the company full-time.Peter also talks about the founder transition from doing everything yourself to letting better people own the work. With 40 employees today, he describes success as “taking my hands off” and building a company where people do meaningful work. He also connects credentials, AI, and career resilience, reminding listeners that “the real reward isn’t the paper”—it is using the skill after the exam.For listeners, this is a practical conversation about turning repeated failure into a method, testing demand cheaply, hiring for expertise, and staying useful in a changing market. Key takeaways Practice under real test conditions, not just with books.  Use failure scores as data, not identity.  Start cheap: validate with the first real sale.  Hire experts for work you cannot do well.  Let go when smarter specialists join.  Keep learning after the credential.