4: From Sailing the Seas to Steering a Million-Dollar Business with Paul Adamson

In this episode of "Millionaire Mile," host Joe Simon takes a walk with Paul Adamson, a former professional sailor turned entrepreneur. Paul shares his journey from navigating the seas to steering a yacht manufacturing company out of bankruptcy. He discusses the importance of reinvention, the challenges of entrepreneurship, and the mindset needed to overcome adversity. Paul emphasizes the value of having a clear vision, understanding your "why," and taking massive action. This candid conversation offers valuable insights for anyone looking to elevate their business and personal growth. Tune in for an inspiring story of resilience and transformation.
What We Covered
6:12 Adapting to Changes in Business
9:15 Transitioning Business Strategies to Dentistry
11:31 Stories about successful millionaires
Memorable Quotes
"Our mind is the same thing in terms of what's going to build a muscle in a gym. It's the repetition of building and actually pushing resistance. We've got to push resistance, that adversity, that challenge, all of those things which force us to grow as individuals."
"One belief or mantra that I picked up as a teenager and never forgot is that there's nothing worse than looking back at the end of your life and thinking, 'Why didn't I do that?' I don't want to ever have that regret. I want to look back and say, 'Look what we did here. Look what we created.'"
"The darkest time of the night is actually just before dawn. The key is knowing that as time goes on, dawn will come. Even at that lowest point, you might not like it, but you can learn from it and grow. It takes the sting out, and you can move forward."
Connect with Paul
Website - https://www.pauladamson.com
Instagram - https://www.instagram.com/pauladamsonuk/
Facebook - https://www.facebook.com/sunshinestyles
LinkedIn - https://www.linkedin.com/in/paul-adamson
Connect with Joe
Turn Around Media - https://aturnmedia.com/
LinkedIn - https://www.linkedin.com/in/drjoesimon/
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Joe Simon [0:00 - 0:33]: Our mind is the same thing in terms of what's going to build a muscle in a gym is the repetition of building and actually pushing resistance. But it's the same with our mind. We've got to push resistance, that adversity, that challenge, all of those things which force us to grow as individuals as much as they can be, as dark as they want to be if we can see them. That actually this is our training and this is our challenge and this is going to force me to grow. And it means that I can be more, do more and become more and serve more. Then actually what it does is it almost takes a staying out of that dark night of the soul.
Paul Adamson [0:43 - 1:11]: If you've ever wondered what it's like to be in the shoes of some of the most successful entrepreneurs out there today, look no further. Each episode, your host, Joe Simon, takes short walks with some of the most successful entrepreneurs in the game today. These inspiring leaders have successfully crossed the coveted seven figure mark in their businesses. And these candid, insightful conversations will inspire you to look at your business and your life from a new perspective and get it to the next level. So put on your walking shoes and let's skyrocket that success together.
Joe Simon [2:08 - 11:31]: Welcome to another episode of the Millionaire Mile. This is your host, Doctor George Simon. I am with a good friend, Paul Adamson. Paul is here from across the pond and Paul has been involved in many different industries. But you know what? I'm going to let Paul introduce himself. Well, hey, guys. He loved it to meet you. So from the accident, I'm sure you can hear him over from the UK. And interestingly so, I spent 25 years as a professional sailor, skipper yachts all over the world. And then what happened was heavy shore. We started a family and so I came off the water. I needed some reinventment stuff. What was interesting was one of the art manufacturers that built a yacht that I'd sailed around the world, went up and then. So I was hauled in to basically turn that pump around. So I learned to be an entrepreneur on the hook, literally. I understood the brand, understood what I needed to do, I understood the whole audio. And then we went and we got the business out of the administration, what's called in the UK, basically bankruptcy. And then what we did with them, we went about rebuilding trust in the brand. We needed to rebuild it all. Audible and, you know, we worked in there and there was ten employees left the business. A few years back. I was really proud that there was 700 employees that filled all of the yacht yards in four years. The global brand. Yeah. So I learned to be an entrepreneur, a business guy on the hoop. But everything that I've learned on the water as a sailor really taught me how to get good business done. And that is an amazing story, Paul. And there's a couple of things I want to touch on. Sure. One of the things I want to touch on is you said you had to reinvent yourself. Yeah. Entrepreneurs today are constantly reinventing themselves. Good thing or a bad thing. Yeah. I look at it as always a good thing because the reinvention doesn't have to be something drastic, doesn't have to be 360. It should maybe something, you know, maybe 180 or maybe 20 degree. You're not doing too much, but yeah, you're changing. But that reinvention, which a lot of us have gone through. Yeah. You know, you obviously went from a reinventing, from a WT job or a regular paying job to becoming an entrepreneur. Yeah. A lot of people listening to this right now are thinking about the same thing. What was one of the reasons, besides family, what was one of the reasons why you decided to say, hey, I'm going to take a leap and sleep a seat? So I think, you know, that's one belief or one kind of mantra that I picked up if I was a teenager and I've never got it. That is what I live. Meaning that, you know, what? It's done at a long time. Gotta go for this. There's nothing worse. Or certainly what drives me is that I would hate to think that would be at the end of my life and look back and go, oh, my God, why didn't I do that? I should have done that. I should have done this. And, you know, it's kind of, I don't want to ever have that. Oh, I should have done less than I actually want to. Well, look what we did here. Look what we created. But of course, you know, part of a neap of faith is people. What happens is fear gets in the way. Right. You know, and it's kind of like, you know, many times some people might ask you while doing it, because what's the worst that can happen? Wrong freaking question. Because the way our brain works is whatever we ask it, it actually runs on questions. That's how our brain runs. And if anybody lives into this, if you've just gone inside and gone, is that true? That's a breaking question. And, you know, if somebody asks me, well, what's the worst looking at them, then of course your brain's going to answer, well, this could go wrong. This could go bankrupt, they could lose everything. But then maybe if you just change that question to what's the best that could happen. So actually, by taking this leap of faith, by going for that thing that you always wanted to do in that little moist inside, you can do that just by going to that and ask him the question, what's the best trick to happen? Then guess what? Your brain's going to give you all of the answers of the things that go right. So for me, entrepreneurship, you know how to do, but, you know, like life is hit and limit and you get the variety and the fun and create something of meaning and of value. That to do that, we have to build one folk crowd to the other and take a reason. But that's what I would advise anyway. That's amazing, Paul. And, you know, obviously this podcast style is really different. We're outside, we're not in a studio, there's some background noise. But one of the biggest takeaways is that we have to adapt to our environment. Right? You're adapting as we moved along and everything that we do. And now in business, small business owners have to adapt to changes in the economy, workforce, or it might just be changes in capital. Right. They might say, you know, the money's not coming in. I can tell you I've met more people saying, you know what, the first quarter was shit. Yeah. And now we turned around. Yeah. You know, and the sun always comes out. Right. Here we are in beautiful Miami and the sun's going down. We're like, you know, I just thought about that in your device that you can share where you went through some hard times and now you're on the other. So what's, what's something that you can share with us actually say, like, hey, sun's gonna come out. Don't kind of, you know, I think you shared some of this and you're the one of the best people I know that can wanting this, powdering it down look at quite weird. Yeah, sure. So what I would say is, there's a lovely proverb from somewhere. I don't know who said it, but it's totally true. Which is to shall pack. Yes. Which I love that. And also to kind of know that the sun will come up again and the sun will set again and, you know, the night doesn't last forever. And if you think about it, the darkest time of the night, it's actually just before dawn. Absolutely. And so the key is it's about knowing that, you know, as time goes on, one thing that I would always say is that you know, at the end of the day, when we really learn as human beings more than any other time, is when we go to a bird subject. So actually, our mind is a muscle, then I would love to better go into the gym, think that one dumbbell, and come out looking like the hop, but it ain't gonna happen. Right? But our mind is the same thing in terms of what's gonna build a muscle in the gym, aids the repetition of building and actually pushing resistance. But it's the same with our mind. We've got a push resistance, that adversity, that challenge all of those things which force us to grow as individuals as much as they can be, as dark as they want to be if we can see them, that actually this is our training and this is our challenge, and this is going to force me to grow. And it means that I can be more, do more and become more and serve more. Then actually what it does is it almost takes the sting out of that dark night of the soul of which, if you're an entrepreneur, there are many dark nights in dark nights. But the thing is, if we can go, it's okay, dawn is going to film knowing and having that faith that dawn will come. And actually, even at that lowest point or that challenging point where you go, okay, I might not like this, but, hey, I'm going to learn from it, and I'm going to grow from this. Then it takes the thing out, and you could move forward with it. But that's what I would say. Absolutely. I mean, like I said, I'm happy I'm with you here right now explaining this. Somebody's going to get something amazing out of this. What we working on, Ben? What's next so far? So what's next, may, is I've transitioned into work, and I'm actually working with another colleague of yours, a dentist. And we've actually taken one of my programs, and we're transitioning into the dentist world, which is where we've created this online course, the dentist owners that really want to grow, and it's taking what we've learned from the business world and where we can apply it into dentistry. So I'm working on that mode, which is great. And that's an example of reinventing. You reinventing, constantly reinventing. Like I said, these episodes are bite sized. If someone was starting up today and said, you know what? No money, no nothing. And we talked a lot about reinvention on this, and, you know, they're just working a job, listening to this and saying, okay, Joe, this is great. You get to hang around some date people. But what do I do to get to that? Because the first million is the hardest to get to. And we're not even talking about the first million. What do they need to do to, you know, let's make the first ten grand a month. You know, how do we. What would they do? What would you do if that was you? Okay, well, the first thing you need to do is create a vision, right? Yeah, actually it's a vision and then make it crystal clear. It's got to be clear if it's blurry. And you know what will blur our vision is our psychology. Meaning if we don't quite believe it's going to happen, that our hormones is like putting on the wrong pair of glabres. Yeah. Where it's blurry. And so that kind of sets yourself ought to not get there as much hard as get there. So step one is get a vision. Make it clear. Step two is you got to know why. Right? Because when we go through those dark knights with soul, they start to go, well, actually, as babysitters stayed in the state secure job. But actually, what's going to get you through that is knowing the why, the mission, why to get a man on a new environment and really define that in terms of what does that mean? Not just for you and your family and your friends, but also the impact you're going to have in the world. And then the third thing that is to take our action, and that's massive. Our action. Meaning you've got to do stop. You've just got to get done. You've got to get it done. And, you know, and then I think step four is just keep the faith, no matter how touch, no matter how hard it has to keep the faith. Absolutely. And you will get that. Waltz is an amazing episode. I hope I will definitely make sure your contact information is in the show notes. Thank you so much for joining us and absolutely fantastic. Thanks, Bangkin. Thanks for that.
Paul Adamson [11:31 - 11:50]: Thanks for listening. We hope these walks with successful millionaires have inspired you to take the next step in your entrepreneurial journey. No two stories are the same, and it's inspiring to learn from those that have walked the path before. To read full show notes for each episode, which includes guest contact information and ways to connect with Joe, visit themillionairemile.com.