<p>Today, Jay sits down with serial entrepreneur, investor, and powerhouse mom of four, Kim Perell. Known for building her first company from her kitchen table and later selling one for $235 million, Kim shares the raw, behind-the-scenes truth of what it takes to turn failure into fortune. The conversation centers around Kim’s latest book, Mistakes That Made Me a Millionaire, and offers a heartfelt blueprint for anyone feeling stuck, unfulfilled, or uncertain about their next move. </p> <p> </p> <p>Jay and Kim explore why perfectionism can sabotage progress, how fear often masks itself as procrastination, and why waiting to feel “fully qualified” often leads to missed opportunities. Kim introduces her 70% rule: a concept that encourages action over hesitation and reveals how taking small, imperfect steps helped her overcome self-doubt and build extraordinary businesses. The two also dive into the power of mentorship, the emotional toll of toxic relationships, and why surrounding yourself with the right people is crucial not just for professional growth, but for personal evolution.</p> <p> </p> <p>In this interview, you'll learn:</p> <p>How to Start a Business Before You Feel Ready</p> <p>How to Use the 70% Rule to Make Bold Decisions</p> <p>How to Find the Right Mentor and Build a Real Relationship</p> <p>How to Stand Out When Pitching Yourself </p> <p>How to Know When It’s Time to Pivot Your Business</p> <p>How to Build a Winning Team Without Doing Everything Yourself</p> <p>How to Audit Your Inner Circle for Growth and Clarity</p> <p> </p> <p>Making mistakes doesn’t mean you’ve failed, it means you’re showing up, learning, and trying something new. No success story is smooth or simple, but all of them prove that progress is always possible.</p> <p> </p> <p>With Love and Gratitude,</p> <p>Jay Shetty</p> <p> </p> <p><strong><em>Join over 750,000 people to receive my most transformative wisdom directly in your inbox every single week with my free newsletter. Subscribe </em></strong><a href="https://news.jayshetty.me/subscribe"><strong><em>here</em></strong></a><strong><em>. </em></strong></p> <p> </p> <p><strong>What We Discuss:</strong></p> <p>00:00 Intro</p> <p>02:57 How to Get Unstuck and Move Forward</p> <p>04:17 When It’s Time to Pivot Your Career</p> <p>05:50 Is Regret More Powerful Than Fear?</p> <p>08:06 You Don’t Need To Be 100% Ready To Start</p> <p>09:52 Are You Ever Really Ready?</p> <p>11:29 Dream Big, But Start Where You Are</p> <p>13:09 The Power of Believing in Your Vision</p> <p>15:24 Be Delusionally Confident </p> <p>16:29 How Mistakes Help You Iterate and Improve</p> <p>18:30 How to Silence the People Who Doubt You</p> <p>22:15 Teaching Kids to Embrace Failure</p> <p>23:20 Rejection as Redirection </p> <p>26:02 The Difference Between Innovating and Iterating</p> <p>29:14 Build a Support System That Elevates You</p> <p>31:51 How to Find Mentors Who Truly Guide You</p> <p>33:55 Why Asking for Help Accelerates Growth</p> <p>34:44 How Books Can Mentor You Too</p> <p>38:21 The Four People Every Entrepreneur Needs</p> <p>39:35 Why You Need the Right Peers Around You</p> <p>41:58 Should You Start a Business with Family?</p> <p>44:00 How to Audit Your Inner Circle</p> <p>46:02 How Toxic People Drain Your Energy and Money</p> <p>47:17 The Power of Taking Initiative </p> <p>48:56 Don’t Let Your Past Limit Someone Else’s Future</p> <p>51:19 How to Lead and Manage People Effectively</p> <p>53:17 What Actually Gets You Hired Today?</p> <p>57:51 Going the Extra Mile Sets You Apart</p> <p>01:00:01 The Biggest Mistake Is Not Asking</p> <p>01:04:03 Why So Many of Us Feel Unqualified</p> <p>01:07:07 Pivoting Is the Secret to Success</p> <p>01:10:13 How to Know When It’s Time to Pivot</p> <p>01:11:53 Kim on Final Five </p> <p> </p> <p><strong>Episode Resources:</strong></p> <p>Kim Perell | <a href="https://kimperell.com/">Website</a></p> <p>Kim Perell | <a href="https://www.instagram.com/kimperell/">Instagram</a></p> <p>Kim Perell | <a href="https://www.facebook.com/kimperell/">Facebook</a></p> <p>Kim Perell | <a href="https://www.youtube.com/c/KimPerell">YouTube</a></p> <p>Kim Perell | <a href="https://www.linkedin.com/in/kimperell/">LinkedIn</a></p> <p>Kim Perell | <a href="https://x.com/kimperell">X</a></p> <p>Kim Perell | <a href="https://www.tiktok.com/@kimperell">TikTok</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>