In this podcast episode of "Right About Now with Ryan Alford," Krish V. Patel recounts his entrepreneurial journey from a Verizon retail sales rep to a successful business owner. He discusses his transition from the wireless industry to opening yoga studios, driven by a passion for yoga and a healthier lifestyle. Krish shares insights on the challenges and motivations of entrepreneurship, the importance of resilience, and his desire to leave a legacy of giving and positive impact. The conversation also touches on his current ventures, including his real estate development and private equity company, KVP Inc. Ryan Alford concludes the episode with an invitation for listeners to engage further through his website.
TAKEAWAYS
Entrepreneurial journey and success
Upbringing and the influence of his parents' immigrant background
Early experiences in sales and passion for the cell phone industry
The expansion of Krish's Verizon retail business and eventual sale
Krish's transition to yoga and real estate development
Approach to business and personal development
Motivation and drive as an entrepreneur
Challenges faced by Krish as an entrepreneur and his resilience
Krish's reflections on legacy and leaving a lasting impact
Ryan Alford's appreciation for Krish's story and future possibilities for the conversation
TIMESTAMPS
Growth and Challenges (00:00:00) Krish discusses the importance of facing challenges and experiencing growth in life and business.
Introduction and Background (00:00:40) Ryan introduces Krish V. Patel, and they discuss Krish's entrepreneurial journey and his impact on the business scene in Greenville.
Early Entrepreneurial Experiences (00:01:56) Krish shares his childhood experiences and early exposure to entrepreneurship through his immigrant parents' various business ventures.
Entry into Verizon Retail (00:05:24) Krish talks about his entry into the cell phone industry and his decision to join Verizon Wireless as a sales representative.
Entrepreneurial Journey with Verizon (00:06:45) Krish details his journey from a sales representative to opening his own Verizon retail store, highlighting his rapid success and expansion.
Learning and Growth (00:12:42) Krish discusses his pursuit of further education, including an executive program at Harvard Business School, and his goal to take his company to a $100 million level.
Sale of Business (00:15:42) Krish recounts the unexpected offers to buy his business, the negotiation process, and the eventual sale of his Verizon retail stores.
Post-Sale Entrepreneurship (00:18:29) Krish describes his post-sale experiences, including challenges in the Austin market and the eventual sale of the remaining stores.
Reflection on Entrepreneurship (00:20:19) Krish emphasizes that his entrepreneurial journey was not solely about financial gain but about personal fulfillment and growth.
The passion for entrepreneurship (00:20:36) Krish discusses the importance of finding passion over money and the transition from the wireless business to yoga.
The journey of building Soul Yoga (00:21:08) Krish shares his journey of starting and growing Soul Yoga, focusing on creating a unique and high-quality experience for busy individuals.
Diversifying business ventures (00:23:48) Krish talks about managing over $100 million in assets, including real estate development, property management, and fitness businesses.
Drive and motivation (00:25:44) The conversation delves into Krish's personal drive and what motivates him as an entrepreneur.
Challenges and overcoming obstacles (00:30:27) Krish discusses the challenges he faces as an entrepreneur and how he approaches solving problems and maintaining a positive mindset.
Legacy and impact (00:33:52) The conversation shifts to the impact Krish wants to leave behind and the importance of focusing on people and relationships.
Future plans and inspiration (00:38:46) Krish talks about potential future episodes, his willingness to share, and how he aims to inspire others through his experiences.
If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE.
Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding.
Learn more by visiting our website at www.ryanisright.com
Subscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford.
