Episode 15
A CONVERSATION WITH CORBIN CHURCH
ENTREPRENEURIAL INSIGHTS WITH CORBIN CHURCH | A JOURNEY OF GROWTH, GRATITUDE, AND GIVING BACK
The #1 way to learn business, is to be in business.
Corbin Church has never taken a paycheck from anyone in his entire life. Pretty wild, right?
He has been an entrepreneur from the start. As a young kid he started a snow cone shack with his brother, and then after his mission started a window and door company, which he eventually sold. He then continued to create businesses, leading to future successes, such as Miche Handbags.
After hundreds of businesses and many big exits, Corbin is now teaching entrepreneurship at BYU to help students learn to do what he does. He invited me to co-teach the class with him, and I am always impressed at the incredible companies that have started because of his class.
The best part is that Corbin dropped out of BYU himself to pursue entrepreneurship, and I believe this makes him one of the most qualified people to teach it.
As he puts it,
“Starting that snow cone shack was my business education. I learned sales, paperwork, accountability…nothing could have taught me more about business than that experience.”
I believe that education is important. I’m grateful for my years in school. But Corbin is right–there are some lessons you can only learn when your boots are on the ground and you’re actually fighting the fight.
.jpg)
MY FAVORITE INSIGHT FROM THIS EPISODE:
“Failure is one of the best things you can teach your kids.”
Corbin told me that young kids today are being “safeguarded” from failure, which keeps them from getting stronger and being better prepared for the real world. 8th place trophies are robbing kids of valuable lessons, and potential future trophies.
While Corbin has had a lot of successful exits, but he’s also had a lot of misses. And he told me he wouldn’t have been able to achieve his highs without the lessons from the lows. He sees his failures as his “diplomas” that gave him the education necessary to keep pushing until he found success.
So don’t be afraid to let your kids fail. As Corbin put it, “Teach them not to be afraid of it, but to recognize it and understand that they can move forward.” What could be a more valuable gift for your children than the simple lesson that it’s ok to fail? Kids pick up on the attitudes and energies of their parents, and this is one of the best ways to help them feel safe and happy in the world. Failure is not a big deal!