DE 008: The rockstar who lost everything and is making it back as a destination entrepreneur
Sometimes, success does not equal happiness. In this episode we explore what happens when the career and life you always thought you wanted, is something you realize is not for you. Edmund Lowman’s story of being a guitarist in a wildly successful rock band, only to find out it was making him miserable, is a great example of this. In the process of figuring out his life, Edmund lost all of his money and got fired from his first real job, but he is now making a big time comeback as a destination entrepreneur in Asia.
IN THIS EPISODE YOU WILL LEARN:
- How to evaluate whether you are currently happy in your life
- What Germany taught Edmund about business and discipline
- Setting up a factory in China and getting your first clients
- The importance of being able to communicate with your local team in their language
- The value of making ‘to-do’ lists in increasing productivity and ensuring you aren’t blowing all of your time on Facebook
- Where to get advice for starting a business in Thailand and China
- Why the Chamber of Commerce in the country you are interested in starting a business is a good place to reach out to
- The value that local business partners can provide you, particularly when there are local ownership restrictions.
- How to select a trustworthy local partner
- “Mai pen rai”, the Thai saying for ‘don’t worry about it’ and why this means you need patience
Edmund’s 5 tips for success:
1. Always do something you love. Be brutally honest about cutting out aspects of your life that drag on your energy.
2. Make time for yourself to meditate or relax everyday so that you can reflect on the things that are important.
3. Evaluate who you have around you and whether they are a good influence. Ask yourself if they are people who help you become a better person.
4. Have a plan and be persistent in executing that plan. Expect that things will go wrong and know that it is darkest immediately before it is dawn.
5. Finally, fear is a choice. Starting a business can be really scary, and if you succumb to the thoughts running through your head about all the things that could go wrong, you are going to be in big trouble. Ignore fear, and choose to be positive. It will make a big difference.
RESOURCES AND LINKS MENTIONED IN THIS EPISODE:
- Red Jumpsuit Apparatus, the band for which Edmund was a guitarist, and their big hit, Face Down
- The reality gossip blog for normal people that Edmund helped to become successful, and was then fired from
- His import/export course, which offers a $99 course that will introduce you to the world of importing and exporting in China and help you become a pro.
- Edmund’s product sourcing/fashion business in China, Kekai Express, which works with clients such as Zara and H+M.
- Thailand Tourism Authority, which is a helpful place to start if you are thinking of starting a company in the tourism industry.
- Krabi, where Edmund’s Slumber Party Hostel in Thailand is based, and where he is Chief Party Officer
- You can find Edmund on his blog/website, Facebook, MySpace or his email Edmund (at) kekaiexpress.com
IF YOU LIKED THIS PODCAST:
- Click here to subscribe to my newsletter to keep up to date with the latest podcasts, articles and resources about Destination Entrepreneurs around the world.
- Share this episode using this link: www.hughwhalan.com/DE8
- Apple users – click here to check out this podcast on iTunes
- Android users – click here to review this podcast on Stitcher