Skip to main content

Author: Henry Murphy

Balance in business

Sometimes people don’t like to talk about Balance in Business, but it is important. First, I would say do what you do; because you love it. The fact that you love it, will sustain you during difficult times.

 For instance, I love touring. It’s fun and exciting. I get to meet new people, establish new connections, explore new cities, and grow the brand. Overall, it’s a privilege and an honor to travel.

The other side of touring is that, it’s nonstop, it tears the body down, being away from family, and it’s challenging to maintain a healthy diet. For example, a tour day go like this: travel through the night, get to the city, check into hotel, go to venue, set up, work all day, break down, eat, hotel and back on the road again to the next city.Fun, but difficult. There are two sides to every element in Business. 

The perspective of time

What I am about to say hit me hard when I read it because where I come from, we rarely see our 20’s. Most of us grow up thinking that we have to accomplish things fast and early. Im realizing now that the 20’s, 30’s and 40’s are the marinating years. It’s a lot of learning and making mistakes in those seasons, especially with money. 

Men that are in business really don’t make their mark until their late 40’s and 50’s and depending on how they took care of themselves with health, they still have a whole lot of living to do.  If you are young and reading this, you life is not worthless because you are not at a certain level of success yet, if you are older in your mid 40’s or beyond then make plans to get started because you have a lot of life left in you. 

I would say don’t rush but don’t be a procrastinator either, business is hard work and you have to put the time in. I didn’t get started to 38 myself and I have made my share of mistakes in the last 6 years but I’m correcting them as a go. 

#GodBlessTheEntrepreneur

Faith has me taking risk in business

I have had this goal for years to do one major conference  (with 10,000 or more people), every month, as a brand. We have two under our belt and a third one became available, but I was hesitant to do it because the upfront cost was $3,000 to $4,000.  (Conference Cost + Travel + Shipping a pallet of tees).  

I had to remind myself of two things: “RISK” and “LEGACY.” Every business I have ever owned was birthed through faith and risk. I knew with all my heart that if I don’t take risks like these now then there won’t be a legacy to leave. 

But, if I plant the roots now, my granddaughter, Arie, can pitch her new designs and ideas in the future to 20,000 people at one time at this very same conference. Thank God for enlarging our territory and us, as a brand, for having the faith to step out!

My life before entrepreneurship

Before I became an entrepreneur, I was in restaurant management for 20 years. I had a meager salary of about 60,000; more if I received any bonuses. Yet, my restaurant made close to a million a year. The fact that I was running a million dollar restaurant should have showed me my potential. But I had doubts.

I believe it was due to not graduating from high school. Eventually, I did obtain my GED (General Education Diploma). I think I was plagued by believing, I could never own my own business. Because I lacked education; which made me feel that I was unqualified.  

 Then, I stumbled onto two amazing words . . . “Specialized Knowledge”.  Basically, you can concentrate your focus on exactly what you are trying to do and be an expert at it.

This is what entrepreneurship is to me. It’s becoming an expert in your field, putting the time and dedication in, owning your own time, doubling sales until you can afford employees and then more locations (expansion) if you desire. . . .

 pWhoever reads this, don’t let anything deter you. All Glory to God.

#GodBlessTheEntrepreneur

Legacy

Arie (my granddaughter) allowed me to look beyond myself. It wasn’t until she was born, that I started thinking about my Legacy. My focus was always on building something unique, but not necessarily past my life time. 

I had real goals and ambitions before her, but now they are more centered. My wife and I had kids quite early, thus when I started my entrepreneurial journey, my kids were pretty much grown. 

One of my favorite Entrepreneurs is Sam Walton. I loved his grind and commitment to his vision, he was all a about customer service. In my opinion, his kids almost destroyed his legacy because of their lack of customer service. I think that’s partly due to them not being apart of the day to day grind. 

Arie is 4 years old right now. and I want her to see everything that goes on, I want her to grow up in it and appreciate the hard work that comes with entrepreneurship. And having her to see and witness the sacrifice it takes, the failures and how to push pass them, in order to succeed. 

#GodBlessTheEntrepreneur