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The $340 Million Die Hard Entrepreneur “Gurbaksh Chahal” Shares His Advice For Success

Joel Brown (Founder of Addicted2Success.com)

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I was fortunate enough to catch up with the $340 Million Silicon Valley Entrepreneur “Gurbaksh Chahal” this week to find out what it takes to succeed in life and in business.

Gurbaksh had sold 2 successful online advertising companies by the age of 25 for a total of $340 Million and is onto his 3rd and biggest company yet, RadiumOne. Gurbaksh will be launching RadiumOne in over 70 markets and is excited to announce that Australia is one of them.

Below is amazing success advice from a die hard entrepreneur Gurbaksh Chahal:

 

Joel – The first company you created “Click Agents” was founded by you at the age of 16 and not long after that, it sold for $40 million. Nine years later you sold your second company “Blue Lithium” to Yahoo for $300 Million. Making close to half a billion dollars in the space of 9 years, can you tell us, is there some secret formula that we should know about?

Gurbaksh – Well I think the secret formula comes down to success in general, and you’ve got to constantly keep an open mind, be creative, and don’t be afraid to re-invent yourself.

When I was 16 I didn’t really have a clue about business, so you could say “I got lucky“, whatever that means. The second time around I learned what it was really like to be a CEO and I believe that both of these opportunities have prepared me for my current company, by every metric whether it’s revenue, size, opportunity, mission or geography, RadiumOne is the biggest of all of my endeavours.

 

Joel – Do you believe it when they say “Ignorance is bliss”? Do you feel that when you were younger that maybe you were a bit ignorant and that could be the reason why you didn’t see a lot of the obstacles ahead of you that some of the more experienced and older entrepreneurs would have been scared of?

Gurbaksh – I wouldn’t say “Ignorant,” because I think the thing that was probably my biggest virtue was that I didn’t know the meaning of failure.

The older you get with the traditional message of schooling, or the methods of society, whether it’s family, friends or situational you end up trying to play it safe. At 16 I didn’t really know what I could lose. There is an essence of, when you are fearless, you become more creative, and the more fearless I became, the more creative I was.

 

Joel – What would you say has been one of the biggest fears you have ever faced and what did you do to overcome it?

Gurbaksh – So here’s the thing, there is constant fear in business. You’ve got to have the stamina to realise that is the very path to success and you’ve got to be able to stomach it.

There has been several times when I have put everything on the line and I have had to re-invent myself or I’ve had to hire a completely new leadership team and make significant product changes and all of those were betting the company on something.

All of those are triumphs to success, so there’s no real path, success is never linear, it’s almost like a hockey stick. The more risk you take, the more of a U-Shape formula you should end up with.

 

Joel – I just came back from a holiday in “India,” I understand you were born there but grew up in San Francisco. One stand out thing that I noticed over there is that they are very committed to their traditions.

Do you still carry on any traditions from the motherland?

Gurbaksh – From a cultural stand point and a family stand point I am Indian by heart, but at the same time I’m probably more spiritual at the end of the day, and that’s defined in the inner you and I think that defines who we are as people.

Living a life that has a greater purpose and living up to it is the ultimate degree that we should strive for.

Gurbaksh Chahal Picture Quote

 

Joel – How do you balance your life? I find it a challenge at times to balance mine, and I only run a blog and a couple of other business ventures so I could only imagine that you would have your plates pretty full most days.

Gurbaksh – At the end of the day, you have to look at success itself as a balance. There are a significant amount of things that you have to do to achieve happiness at the end of the day. Nonetheless, you’ve got to make sure you have balance in your life.

There are a number of things that we need to do as entrepreneurs to be successful, but what is success at the end of the day? Is it your bank account? Is it happiness? I think that at the end of the day it’s happiness.

In an article I did for LinkedIn, I talked about un-plugging yourself from the wired world. The importance of continued learning, giving back, less over thinking, being grateful for what you have, realizing that relationships are everything in life, making peace with your past, being authentic and learning how to forgive.

 

Joel – Where do you see the world heading with technology and how do you stay on the curve of innovation?

Gurbaksh – One of the key paths to technology is that it changes significantly and quickly. I have been blessed as I have stuck to my roots of advertising technology and I have been given the opportunity to re-shape it and create it 3 times around now and I think the key secret there is that you should stick to what you know.

I’m a very different entrepreneur than many others. I look at Elon Musk and think of him as a genius because he is that guy that can juggle many different things in many different industries, but I don’t think many of us can do that. Even when you look at the late Steve Jobs, he re-defined 8 different industries.

I, on the other hand just stuck to my core which I think is kind of a testament were “If you can do everything that’s great, but if you can be really great at just one thing then that’s also not bad.” I have looked at that as an opportunity and a blessing to continue to innovate.

Part of the key metrics to success in an enterprise is to know how far you are really willing to take it. Are you pushing the boundaries? You can’t make safe bets.

Even today, 4 years into this, 300 employees worldwide, profitability, significant amount of revenue and so forth, the decisions I make as the CEO goes from choosing the color palette on the website, choosing the design of what the reporting looks like, down to what the product ends up becoming.

So you really have to:

  • Be someone who pays attention to detail
  • Be creative
  • Problem solve
  • And always be creative with the way you solve those problems.

 

Joel – What is your true definition of success?

Gurbaksh – I think success is defined by understanding purpose. If you live a life of purpose then you’ll never be bored.

What was something Gurbaksh said that resonated most with you and why? Share with us below!

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Success Advice

How Your Friends Determine Whether You Succeed or Not

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Can anyone do without having friends? We all have our friends, we share ideas with them, talk together, have fun, and fight. Yes, that’s the baseline of friendship. But, do you know that aside from you, your friends can determine whether you achieve success or not?

There are two things in friendship which are the ability to ”love” and the ability to “influence”. This means you are loved and you are influenced. How do your friends affect your success in life? How are they one of the biggest deciding factors of your success? Let’s find out.

What type of friends do you keep? 

First, what type of friends do you keep? Who do you call your best friend? There are two different kinds of friends, good friends, and bad ones. A lot of people have lost their pathway to success and some have also found their road to success all because of the friends they keep, the people they mingle with. 

Who is your best friend? Answer carefully. Having a best friend means you find each other compatible and understanding. Analyze who your best friend is. If your best friend has not motivated you to do something positive, if who you call your bestie has never given you positive advice, lastly if your best friend has never informed and advised you on your shortcomings, then you don’t have a best friend.

This quote tells us “birds of the same feather flock together”. Countless people have changed from their good nature into a bad one all because of friends. One thing to note is, “negative people move with negative aura”. If your best friend is filled with negativity inside-out then you will surely be affected by his/her negative aura.

They influence your success with positivity or negativity 

The friends you keep can either influence you with positivity or negativity because your friends have the power to change your kind of person completely. 

This is how your friends influence you:

  1. They influence you indirectly with what they do
  2. They influence you directly by teaching and giving you advice 

Yes, that is how they influence you. For instance, you watch a movie and you like the way the actor walks. The question is if you truly like the way the actor walks, won’t you try to imitate the actor? Of course, you will.

Just the way you imitate the actor is the same way your friends can influence you with their character. However, the funny part is, they don’t have to teach you to do things like them. You just find yourself imitating and copying them gradually.

An important question to ask is, are you imitating a good friend or a bad one? If you imitate a good friend then you will be good, but if you imitate a bad person, you will surely become a bad person.

Everyone wants to succeed, a good friend will always teach, enlighten, and motivate you for success. A bad friend will only motivate you to do evil things (smoking, drinking, fight, envy,).

And you should know that things like that are a great enemy of success and even of God. So, if you have these bad elements in your life, how will you achieve success? There is no way!

And also, they can teach and advise you directly. But, what do your friends teach you? When you ask them for advice do they inspire you positively or teach you the bad stuff.? A lot of people have regretted lifelong decisions just by listening to the advice of friends. 

The company you keep has the power to influence and change you. Never forget that a positive influence will teach, motivate, and brush you up for success. While a negative influence will inspire you to become a bad person, change your good nature, and leave you with regrets in the end.

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The 3 Step Process to Building a Profitable Pitch

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As a communication coach, one of the top questions entrepreneurs ask me is how to deliver a winning pitch to potential investors. They want to know if there’s a magic formula to get an investor to say yes and buy into their dream and their business. (more…)

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Success Advice

The 4 Pillars of Wealth and Abundance

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Have you ever wondered what the formula for a wealthy and abundant life is? Many people have. Lots has been written about the subject of wealth creation and living an abundant life. It was a breaking point in my journey and pursuit of success when I found out that there is a clear path to achieve success in life. Thanks to those who have shared their journey, we can clearly see and follow the principles of prosperity. (more…)

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Success Advice

Here Are 4 Reasons Why You Should Have a Podcast, Youtube Channel or Online Show

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why you should have a podcast
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Confidence comes from a place of strong understanding of self. After close to three years on radio, I’ve grown from a shy introvert to a shy introvert with an extrovert persona. When the mic is turned on, I can channel a version of myself that some say is attractive, strong, and of course, confident but it wasn’t always this way.

What I want to share with you is what I discovered on this journey into broadcast that you can apply to your life, your ventures, and your personal development. This doesn’t require any fancy gear. It does require a leap of faith on your part because once you go down the road of media; it can change your life.

1. Perceived Expertise

When you go to a doctor, you expect their knowledge will guide them to a solution to your problems. When you have a show, you become your listeners’ doctor. For all the multiple thousands, maybe millions, of YouTube channels, podcasts, and user-created content in the world, each person that gets behind a mic takes a position on their passion, their opinions, and their themes.

They challenge the status quo for the benefit of their listeners in hopes to entertain and educate. With consistency on your side, those fans place you on a platform and give you permission to influence them.

2. Global Acknowledgement

One of the benefits to increasing confidence is when you receive thank you notes from people you may never meet. The feeling of enriching someone’s life from halfway around the globe, provides validation you’re enhancing someone else’s life with your wisdom and your wit.

The very first time I was told I was making a difference in someone’s life in a country other than my own, I felt like I caused massive impact that transcends my circle of influence. When you experience just how much you can cause impact and it comes back to you, it’ll change your worldview.

“Be grateful for what you have and stop complaining – it bores everybody else, does you no good, and doesn’t solve any problems.” – Zig Ziglar

3. Backed By Numbers

One of the most exciting ways to measure success is to quantify your growth. It’s not enough to just broadcast. Having subscribers and downloads helps to know, numerically, how well you’re doing. Word of caution. This can be a way to set yourself up for distress because of number envy but if you understand what the numbers mean; you can control the narrative of the numbers.

The major number that makes most people smile is 10,000. I’d advise it to be 1. Here’s why. As you grow in your industry, so does your reach. If you learned that the one person that subscribed totally changed for the better because of you, wouldn’t that be worth the effort?

4. Effective Communication

While it’s not talked about much, having a show is documentation. You create a dynamic account of your life, your industry, and the pulse on what’s important simply by having a show. When you find a channel to improve your communication skills, you demand attention and people will listen to you. You become more trusted as a leader and people will follow you once they believe you can lead them to their wants and needs.

“To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” – Tony Robbins

These insights have helped many people become leaders and, ultimately, move others to their best selves. It’s worked for me and I hope it works for you. At the end of the day, it’s all about showing up and showing out.

Have you ever thought about having a radio show? If so, what would you talk about? Let us below!

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