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315. Breaking the Status Quo: Jeremy Delk's Journey from Stock Broker to Multi-Industry Magnate

Episode #315

In this episode of The Daily Helping, we welcome a titan of entrepreneurship, Jeremy Delk. From a humble background in Bardstown, Kentucky to the helm of a multi-industry empire, Jeremy's journey is marked by resilience, ingenuity, and a relentless drive to innovate.

As the brains behind Stellic Enterprises, Jeremy Delk's diverse portfolio reaches across sectors such as biotech, healthcare, consumer brands, technology, building materials, and real estate development. His disruptive approach to business and creation of high-paying jobs has solidified his place among the most successful entrepreneurs.

Jeremy takes us through his intriguing origin story, which begins with a heart-rending loss and an inheritance of $30,000. Self-teaching about stock trading, he impressively turned this modest sum into $2 million, only to see it evaporate with the dot-com bubble burst. Undeterred by this setback, he leveraged his financial prowess to earn a position as a stock broker at Fidelity Investments—a testament to his unwavering resilience.

In his enlightening book, "Without a Plan," Jeremy intertwines memoir with entrepreneurial insight, crafting a narrative that inspires budding business owners to leap into their dreams, undeterred by the specter of failure. In fact, Jeremy views failure as nothing more than a stepping stone toward greater success. His personal stories of financial loss and triumphant rebound serve as a testament to the resilience of the human spirit.

Throughout the episode, Jeremy dismantles the rose-colored perception of entrepreneurship, exposing the grit and tenacity required to overcome its inherent challenges. Drawing from his time at Fidelity Investments, Jeremy notes the pitfalls of corporatism, highlighting how creative disruption often collides with the corporate pursuit of maintaining the status quo.

As Jeremy shares his insights on the journey of entrepreneurship, one thing becomes clear: fear and complacency are the real enemies of success. As long as you’re continually learning and focused on the problems that you’re passionate about solving, you’re on the right path.

Jeremy’s advice is clear: Don't fear failure, and never stop moving forward.

 

The Biggest Helping: Today’s Most Important Takeaway

“Just get started. Just get started in whatever it is. If you got a full-time job and you want to be an entrepreneur, just get started. It doesn't mean you need to resign and mortgage your house and go all in on something. But build a website, do a focus group on Facebook, just do something for yourself and set this little pass-fail ratio. Like, "Hey, I'm going to go and spend $1,000 on this. I'm going to spend $2,000 on my idea." And then get there, and then predetermine what failure and success looks like. If, "Hey, I get 100 people that like it, then maybe I go and spend $2,000 here." But just get started. Life's too short, man, and tomorrow isn't promised.

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Thank you for joining us on The Daily Helping with Dr. Shuster. Subscribe to the show on Apple Podcasts, Stitcher, or Google Podcasts to download more food for the brain, knowledge from the experts, and tools to win at life.

 

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