#11: Mike Dillard on Reinventing Yourself, Thinking Big, and Food Innovation

Mike Dillard is a serial entrepreneur who is creating a new technology that you’ll be able to put in your house and will supply all of the organic produce that you would want on a monthly basis. In order to bring his idea to life, Dillard teamed up with some entrepreneurial heavy hitters including Peter Diamandis, who is the founder of X Prize and Singularity University. And Dillard’s entrepreneurial path prepared him to make a big impact with this audacious venture. Mike started first business over a decade ago in an unexpected industry — network marketing. That company turned into a multiple-eight-figure business as Mike mastered the art of internet marketing. He was young and did what a lot of young entrepreneurs do after an early success—he blew a bunch of money. That’s what prompted Mike to dive into the world of finance and investing. He started a business in that world, and did $3 million in revenue in first 7 days. He did eight figures in the first year, and served over 50,000 customers in the first 3 years. In this interview, Mike shares some insights and experiences that can help you make an incredible impact in the lives of others. We’ll talk about how he made his first millions in business during his twenties only to lose it all and fall into a depression. Mike’s comeback story is inspiring, but also includes actionable strategies to manage your psychology, leverage your strengths, and seize opportunity. In 2015, Mike launched company with the sole purpose to generate the funds to fuel his innovative ag-tech business that aims to completely disrupt the food and agriculture industry. That company he started in 2015 is SelfMadeMan, which has become the #1 Self-Help podcast on itunes. It has an enormous community that brings mentors into your world who can help you build a life of excellence in business, relationships, health, finance, and legacy. He’s interviewed people like Daymond John, Chris Sacca, and Chase Jarvis. In this interview, Mike shares how he built his platform and how it’s enabled him to bring on business partners like Peter Diamandis, founder of X-prize and Singularity University who has teamed up with Dillard on his new ag-tech company. In this conversation we talk about that new venture, as well as all of the ups and downs that led him to up to this pivotal moment. Follow Mike (@mike_dillard) on twitter and at www.MikeDillard.com. He’s got an amazing community there, so I suggest joining his email list. I’m so grateful for Mike’s transparency and humility in sharing the stories in this interview. And I’m so inspired by his mindset and execution that has helped him excel. -- Download show notes and transcripts at www.powderkeg.co This episode of Powder Keg is brought to you by DeveloperTown. If you’re a business leader trying to turn a great idea into a product with traction, this is for you. DeveloperTown works with clients ranging from entrepreneurs to Fortune 100 companies who want to build and launch an app or digital product. They’re able to take the process they use with early stage companies to help big companies move like a startup. So if you have an idea for a web or mobile app, or need help identifying the great ideas within your company, go to developertown.com/powderkeg. Thanks again to everyone who has shared an episode of Powderkeg, subscribed to us on iTunes, or left us a review. It’s the only way we’re going to spread this message and reach new people and we could do it without you. We’re coming out with new episodes every Tuesday, so make sure you subscribe on iTunes or at powederkeg.co/itunes