Jim Koch, The Billionaire is here with 4 important Life Lessons – Love for beer isn’t bad when you are earning around $1 Billion of annual revenue by selling your own beers. This is all about Jim Koch, who left his business in Wall Street to set up his own beer company. Jim Koch is an author, passionate entrepreneur and a beer lover. Koch’s exhilarating life is sufficient to fill you up with life lessons. One of his books ‘Quench Your Own Thirst’ is more than enough to supply you the business lessons along with the given 4 Important Life Lessons by The Life Coach we are going to learn today.
4 Important Life Lessons by Jim Koch
Doing what you love is enough to do wonders
Do what you love and you will do wonders. Jim Koch is the live example; he followed his love for manufacturing and selling beer and quit his high paying job even if he had a business and law degree from Harvard. He never wanted to spend the rest of his life in consulting, but wanted to go for something more exciting and thrilling.
Career wanderings are normal
“When you make a decision to climb a mountain, you either aim for the top or do not climb at all”. This was one of the life lessons Jim got from the mountaineering career phase of his life after investing three and a half years of his life as an outward bound instructor and in mountaineering across America. When he thought of getting into the beer manufacturing and selling business, his father was against the decision. After following his heart and after more than enough career wanderings, Jim finally got the break at the age of 34, and has proved himself in establishing a high end beer brand, earning around $1 Billion annually.
Where there’s a will, there’s a way
Jim Koch was good in Law and knew more than enough about brewing but he was not a good salesman. He decided to hire the companies to sell out the stock but unfortunately or fortunately the parties rejected to market the new brand with an excuse that the market was not ready to buy the high end beer. After enough tries Jim thought of getting a wholesalers license and leased a truck to hit the bars with a marketing strategy. The response was great and people started loving the beer. More over Jim got the wholesaler’s cut as well.
Tomorrow never comes, do it today
One of the friends of Jim texted him on Friday and told him that he will do a particular work on Monday, but unfortunately that friend died of heart attack on Sunday itself, leaving back a lesson for Jim. Jim learned that Monday’s or tomorrows never comes and one should complete a specific task ASAP. Life is too short to wait to complete a work. Finish the works you have got as soon as possible. It’s all about implementation time. The one, who comes first, gets first.
Jim Koch is one of the greatest Life coaches. Getting the important life lessons from his life experiences it is worth taking.
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