{"id":41434,"date":"2025-08-08T13:19:34","date_gmt":"2025-08-08T13:19:34","guid":{"rendered":"https:\/\/microloannexus.com\/?p=41434"},"modified":"2025-08-08T13:19:40","modified_gmt":"2025-08-08T13:19:40","slug":"kim-perell-shares-the-mistakes-that-made-her-a-millionaire","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=41434","title":{"rendered":"Kim Perell Shares The Mistakes That Made Her a Millionaire"},"content":{"rendered":"<div>\n<p>On every episode of How Success Happens, I get to talk to incredible people who have done incredible things despite the many roadblocks and risks entrepreneurs face.<\/p>\n<p>This week, I spoke with Kim Perell, a nine-time founder, best-selling author, investor in 100+ companies, and a proud mom of four.<\/p>\n<p>If you&#8217;re a fan of <i>Entrepreneur<\/i>, you know Perell from her role as an investor on our show Elevator Pitch, and now she&#8217;s gearing up to co-host Entrepreneur&#8217;s event of the year, Level Up, in Las Vegas on August 22-23. I will definitely be there, and you should too. (Get tickets here.)<\/p>\n<p>Perell has a new book out called Mistakes That Made Me a Millionaire. Mark Randolph, the co-founder of Netflix, calls it &#8220;indispensable reading.&#8221; In the book, Perell gives an unblinking account of her entrepreneurial journey and breaks down how she turned career missteps into secret weapons that propelled her forward. Trust me, when you&#8217;re done listening, you&#8217;re going to want to get that idea out of your head and get to work!<\/p>\n<p>Check out our entire conversation here, and read below for three success takeaways I gleaned from our inspiring convo.<\/p>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=EML1634527164\" width=\"100%\"><\/iframe><\/p>\n<ol>\n<li><b>Be patient<\/b>. Kim says there are no overnight successes. After losing her corporate job, she started her own digital marketing company from her kitchen table, using a $10,000 loan from her grandmother. &#8220;I sat at my kitchen table for three years, 16 hours a day, just grinding it,&#8221; she recalls. &#8220;It is hard. It is lonely. But you have to be tenacious, and when everyone else would give up, you have to keep pushing forward.&#8221; Her tenacity paid off. She sold that company for $20 million. And she didn&#8217;t stop there \u2014 the last company she sold went for $235 million. In case you&#8217;re wondering, yes, she paid back that loan to her grandmother, plus interest.<\/li>\n<li><b>Take your shot.<\/b> When it comes to investing, Kim says she always backs great people over great ideas. &#8220;I want adaptable people who can find a way to win regardless of circumstance. And honestly, the idea always changes.&#8221; And she encourages everyone to go to Level Up and take their shot with her. &#8220;Pitch me your idea, I can&#8217;t wait!&#8221;<\/li>\n<li><b>Business failure isn&#8217;t personal failure. <\/b>Kim credits her success to learning from mistakes but not dwelling on them. &#8220;Your business can fail, but don&#8217;t define or label yourself as that failure,&#8221; she says. &#8220;You have to be able to say &#8216;That was just something that happened&#8217; and move on.&#8221; She adds, &#8220;The only mistake you should never make is giving up on yourself.&#8221;<\/li>\n<\/ol>\n<p><b>Related: <\/b>Guy Fieri Teaches His Team This Customer Service Secret \u2014 And It Can Unlock Unexpected Success For Your Business Too<\/p>\n<p><b>3 Things to Know About Kim<\/b><\/p>\n<ul>\n<li>Kim keeps a personal highlight reel on her phone to look at whenever she&#8217;s feeling doubtful.<\/li>\n<li>Her favorite way to turn off her business brain is spending time with her kids. &#8220;I have four kids, and when they&#8217;re all together, you can&#8217;t think about anything else!&#8221;<\/li>\n<li>If you are not &#8220;earning or learning&#8221; at your job after three years, Kim says it is time to move on<\/li>\n<\/ul>\n<p><b>Subscribe to How Success Happens to get a dose of inspiration twice a week! Apple | Spotify | YouTube<\/b><\/p>\n<\/p>\n<p><b>Buy Kim&#8217;s book, Mistakes That Made Me a Millionaire, on sale now.<\/b><\/p>\n<\/div>\n<div>\n<figure class=\"mx-auto mb-6\">\n<div class=\" relative  aspect-[16\/9] overflow-hidden flex-none\">\n<picture><source data- media=\"(min-width: 640px)\"><\/source><source data- media=\"(min-width: 100px)\"><\/source><\/p>\n<p>    <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,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\" data-src=\"https:\/\/microloannexus.com\/wp-content\/uploads\/2025\/08\/1753730931-KimPerellHeadshot1.jpg\" class=\"z-0 w-full lazyload rounded-lg shadow mx-auto mainheroimage\" width=\"675\" height=\"380\" alt=\"\"><\/p>\n<\/picture>\n<\/div>\n<p>                  <i class=\"text-xs text-gray-600 mb-2\">Kim Perell<\/i><\/p>\n<\/figure>\n<div class=\"first-letter:float-left first-letter:text-8xl first-letter:pr-1 first-letter:-mt-1 first-letter:font-black first-letter:text-gray-500 prose prose-blue max-w-3xl text-lg leading-relaxed mb-12\">\n<p>On every episode of How Success Happens, I get to talk to incredible people who have done incredible things despite the many roadblocks and risks entrepreneurs face.<\/p>\n<p>This week, I spoke with Kim Perell, a nine-time founder, best-selling author, investor in 100+ companies, and a proud mom of four.<\/p>\n<p>If you&#8217;re a fan of <i>Entrepreneur<\/i>, you know Perell from her role as an investor on our show Elevator Pitch, and now she&#8217;s gearing up to co-host Entrepreneur&#8217;s event of the year, Level Up, in Las Vegas on August 22-23. I will definitely be there, and you should too. (Get tickets here.)<\/p>\n<\/div>\n<div class=\"justify-center bg-gray-100 flex flex-col sm:flex-row rounded-lg p-6 align-middle sm:text-left text-center\">\n<div class=\"flex flex-col justify-center align-middle mr-0 sm:mr-16\">\n<p class=\"text-sm leading-5 my-0\">\n      The rest of this article is locked.\n    <\/p>\n<p class=\"text-xl text-black font-bold leading-5 my-1\">\n      Join Entrepreneur<span class=\"text-yellow-500\">+<\/span> today for access.\n    <\/p>\n<\/p><\/div>\n<\/div><\/div>\n<p>Read the full article <a href=\"https:\/\/www.entrepreneur.com\/starting-a-business\/kim-perell-shares-the-mistakes-that-made-her-a-millionaire\/495135\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On every episode of How Success Happens, I get to talk to incredible people who have done incredible things despite the many roadblocks and risks entrepreneurs face. This week, I spoke with Kim Perell, a nine-time founder, best-selling author, investor in 100+ companies, and a proud mom of four. If you&#8217;re a fan of Entrepreneur,<\/p>\n","protected":false},"author":1,"featured_media":41435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[32],"class_list":{"0":"post-41434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-make-money","8":"tag-featured"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kim Perell Shares The Mistakes That Made Her a Millionaire | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"On every episode of How Success Happens, I get to talk to incredible people who have done incredible things despite the many roadblocks and risks\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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