Dave Lukas Chats with Tom Antion
133: How to Create Millions Out of Thin Air with Business Legend, Tom Antion
This week’s Misfit Entrepreneurs are Tom Antion. Wow, where to start with Tom. Tom has never had a job. He has been an entrepreneur since he was a kid. He owned 5 apartment buildings and a hotel before he graduated college. He owned and operated the 2nd largest nightclub in the state of West Virginia. On top of that, he has started and owned everything from print shops to video production companies and entertainment companies. He was one of the early online marketers and has a number of businesses online.
And if that is not enough, he is a top rated speaker, consultant, and founder and host of the Screw the Commute Podcast.
It should be pretty obvious why I had to have him on at this point, because Tom has Misfit Entrepreneur written all over him. And today, I’m excited to share his best advice on how to succeed on the entrepreneur’s journey.
Tom’s family came over on a cattle boat from Syria and his father by the age of 13 had started his own electrical business, so Tom has entrepreneurship in his blood. By the time Tom was 10, he was selling advertising door to door and once he got a license sold encyclopedias. As Tom says, he’d do anything that is ethical and moral to get out of working for someone!
Tom ended up with football scholarship to play at West Virginia. In college, he read a book on how to “Turn a $1000 in $1 million in real estate.” He ended up buying 5 apartment buildings with no money down. At same time, was helping the landlord where he lived when something needed fixed. The landlord mentioned he was retiring and like Tom so much that he offered to give Tom a hotel he owned. He helped finance it and Tom owned it for 5 years making almost $400k on it.
He did some other jobs and then bought a nightclub. He took a biker bar in the country in West Virginia and fixed it up. But, there will still problems with fights, shootings, stabbings, etc. around it with patrons.
He got out of that and then created a practical joke company where people hired Tom and his group to pull practical jokes – think Jackass before Jackass. He also started speaking and training during this time.
In 1994, the internet came along. He spent two years figuring it out and eventually started learning how to make money and things went from there.
At the 9:45 mark, Tom talks about what he loves most about entrepreneurship and why…
What advice would give someone to get to their first $1 on the internet?
At the 14 min mark, Tom gives examples of businesses you can start online with no cash…
Where can people go to sell their product such as E-books, etc.?
At the 21 min mark, Tom talks about how to make money online with their hobbies and make them tax deductible.
You can create things out of thin air. Try them with a free Wordpress site. And you are in business without going broke. You can try any idea for basically lunch money!
What are ways that you use to drive traffic to these ideas you create?
What are some of the overarching things entrepreneurs need to do to succeed?
Best advice for an entrepreneur just starting out?
You were a college football player at WVU and a state champion wrestler – what are some things you learned from sports that have helped you to succeed in business?
What advice can you give to maximize their business and career through speaking?
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