Richard Fagerlin | Running The Race Well | Pain To Profits Ep. 02

In this second episode, Samson Jagoras sits down with Richard Fagerlin of Peak Solutions to discuss why trust is given, not earned, the key things that hold entrepreneurs back, and why you should not position yourself as a commodity.Interview breakdown:0:00 Intro1:03 Richard’s Background.1:43 What is Peak Solutions?2:26 Trust isn’t earned, it’s given.6:38 Defining trust.9:34 Trust as a gateway to freedom.11:18 What is your relationship to risk?14:21 What led you to become an entrepreneur.17:24 How does faith play into your life as an entrepreneur 22:02 Does your work reflect the faith you say you have?23:13 How Richard failed early on.25:37 How Richard would have handled his marriage different.28:06 Would you do anything else different?33:58 Commodity vs Value pricing.38:14 What does strategic planning look like?43:34 How new entrepreneurs can plan strategically.50:07 New entrepreneurs misunderstand this…52:40 Most entrepreneurs create their own echo chambers.54:16 Why entrepreneurs need feedback.55:44 Why you need the humility to ask the tough questions.58:41 Richard’s advice to would be entrepreneurs.