DiscoverRight About Now with Ryan AlfordHow True Leaders Are Forged with Krish Patel
How True Leaders Are Forged with Krish Patel

How True Leaders Are Forged with Krish Patel

Update: 2024-06-04
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Krish V Patel, a Greenville, South Carolina entrepreneur, shares his inspiring journey from humble beginnings to building a multi-million dollar business. He recounts his early days working odd jobs with his immigrant parents, his passion for sales, and his decision to open his own Verizon store at the age of 20. Krish's entrepreneurial spirit led him to expand his business rapidly, eventually owning over 70 stores across five states. He learned valuable lessons about leadership, growth, and the importance of surrounding himself with mentors. Despite achieving significant success, Krish decided to sell his Verizon business in 2015, allowing him to pursue his passions in real estate development, wellness, and yoga. He founded KVP Inc., a real estate development and private equity company, and opened multiple yoga studios, including the popular Seoul Yoga. Krish emphasizes the importance of impact over money, highlighting his desire to leave a legacy of giving, discipline, and determination. He encourages listeners to dream big, embrace challenges, and find their own path to success.

Outlines

00:00:00
Introduction

This Chapter introduces the concept of growth and challenges in life, emphasizing that true growth comes from pursuing something beyond one's wildest imagination. It also introduces the podcast host, Ryan Allford, and his guest, Krish V Patel, a successful entrepreneur in Greenville, South Carolina.

00:00:40
Krish V Patel's Entrepreneurial Journey

This Chapter delves into Krish V Patel's personal and professional journey. He shares his upbringing as the child of Indian immigrants who came to America with nothing, his early experiences working in his parents' businesses, and his passion for sales. Krish recounts his journey from a Verizon retail sales rep to building a multi-million dollar business, highlighting the challenges and lessons he learned along the way.

00:21:03
The Shift in Focus: From Money to Impact

This Chapter explores Krish's shift in focus from solely pursuing financial success to prioritizing impact and personal fulfillment. He discusses his decision to sell his Verizon business and pursue his passions in real estate development, wellness, and yoga. Krish emphasizes the importance of finding what truly drives you and the satisfaction that comes from making a positive difference in the lives of others.

00:30:26
The Challenges and Rewards of Entrepreneurship

This Chapter delves into the challenges and rewards of being an entrepreneur. Krish shares his perspective on bad days, the pressure of meeting goals, and the importance of resilience in the face of adversity. He emphasizes the role of leadership and growth in overcoming obstacles and the importance of having a clear vision for the future.

00:33:50
Legacy and Impact

This Chapter explores Krish's thoughts on legacy and impact. He shares his unique approach to reflecting on his eulogy and the importance of leaving a positive mark on the world. Krish emphasizes the significance of human connection, inclusivity, and the power of sharing principles and characteristics that contribute to a better world.

00:38:30
Conclusion

This Chapter concludes the interview with Krish V Patel, highlighting his inspiring journey and the valuable lessons he shares. The host encourages listeners to connect with Krish on social media and his development website, kvpank.com, to learn more about his work and entrepreneurial journey.

Keywords

Krish V Patel
Krish V Patel is a successful entrepreneur based in Greenville, South Carolina. He is known for his journey from a Verizon retail sales rep to building a multi-million dollar business and then selling it to pursue his passions in real estate development, wellness, and yoga. He is also the founder of KVP Inc., a real estate development and private equity company, and has opened multiple yoga studios, including Seoul Yoga.

Entrepreneurship
Entrepreneurship is the process of starting and running a business, often involving innovation, risk-taking, and the creation of new products or services. It is a challenging but rewarding path that requires passion, resilience, and a strong work ethic.

Verizon
Verizon is a major American telecommunications company that provides wireless, internet, and television services. Krish V Patel's entrepreneurial journey began with his work as a Verizon retail sales rep, and he later built a successful business as a Verizon authorized retailer.

Real Estate Development
Real estate development is the process of creating new real estate projects, such as residential buildings, commercial properties, or mixed-use developments. It involves acquiring land, obtaining permits, designing and constructing buildings, and marketing and selling the finished product.

Wellness
Wellness encompasses a holistic approach to health and well-being, encompassing physical, mental, emotional, and spiritual aspects. Krish V Patel's journey into wellness began with his personal practice of yoga and led him to open multiple yoga studios.

Yoga
Yoga is a physical, mental, and spiritual practice that originated in ancient India. It involves a series of postures, breathing techniques, and meditation practices designed to improve flexibility, strength, balance, and overall well-being.

Greenville, South Carolina
Greenville, South Carolina is a city located in the Upstate region of the state. It is known for its vibrant downtown area, its thriving business community, and its beautiful natural surroundings. Krish V Patel is a prominent entrepreneur in Greenville, and his businesses have contributed to the city's growth and development.

Impact
Impact refers to the effect or influence that something has on a person, situation, or the world. Krish V Patel emphasizes the importance of impact over money, highlighting his desire to leave a positive mark on the world through his work and his personal life.

Legacy
Legacy refers to the things that a person leaves behind after they die, including their achievements, their values, and their influence on others. Krish V Patel reflects on his legacy and the importance of leaving a positive impact on the world.

Tony Robbins
Tony Robbins is a self-help and business coach, author, and philanthropist. He is known for his motivational speeches, seminars, and books that focus on personal development, success, and achieving goals. Krish V Patel mentions Tony Robbins as a source of inspiration and quotes him on the importance of embracing challenges and making decisions that determine one's destiny.

Q&A

  • What is Krish V Patel's entrepreneurial journey like?

    Krish V Patel's journey is a testament to hard work, resilience, and a passion for growth. He started from humble beginnings, working odd jobs with his immigrant parents, and eventually built a multi-million dollar business as a Verizon authorized retailer. He learned valuable lessons about leadership, growth, and the importance of surrounding himself with mentors. After selling his Verizon business, he pursued his passions in real estate development, wellness, and yoga, founding KVP Inc. and opening multiple yoga studios.

  • What drives Krish V Patel?

    Krish is driven by a desire to make a positive impact on the world. He believes that true fulfillment comes from serving others and leaving a legacy of giving, discipline, and determination. He emphasizes the importance of finding what truly drives you and the satisfaction that comes from making a positive difference in the lives of others.

  • What are some of the challenges Krish has faced as an entrepreneur?

    Krish has faced numerous challenges as an entrepreneur, including the pressure of meeting goals, dealing with difficult customers, and navigating the complexities of business ownership. He emphasizes the importance of resilience, leadership, and a clear vision for overcoming obstacles and achieving success.

  • What does Krish want people to remember about him?

    Krish wants to be remembered for his impact on others, his commitment to giving, and his dedication to creating a better world. He believes that true legacy is not about money or material possessions, but about the positive influence one has on the lives of others.

  • What advice does Krish have for aspiring entrepreneurs?

    Krish encourages aspiring entrepreneurs to dream big, embrace challenges, and find their own path to success. He emphasizes the importance of having a clear vision, surrounding yourself with mentors, and prioritizing impact over money.

  • What is Krish's perspective on the importance of wellness?

    Krish believes that wellness is essential for both personal and professional success. He shares his own journey into wellness, which began with his practice of yoga and led him to open multiple yoga studios. He emphasizes the importance of finding an outlet for stress, maintaining a healthy lifestyle, and prioritizing mental and physical well-being.

  • How does Krish balance his entrepreneurial pursuits with his personal life?

    Krish acknowledges the challenges of balancing entrepreneurial pursuits with personal life. He emphasizes the importance of mindfulness, setting boundaries, and prioritizing relationships. He believes that true success involves finding a balance between work and personal fulfillment.

  • What is Krish's view on the role of mentors and coaches?

    Krish believes that mentors and coaches are essential for growth and success. He shares his own experience with mentors and coaches, highlighting their role in guiding him through challenges, providing support, and helping him to achieve his goals. He encourages aspiring entrepreneurs to seek out mentors and coaches who can provide valuable insights and guidance.

  • What is Krish's approach to giving back to the community?

    Krish is passionate about giving back to the community. He believes that success is not just about personal achievement, but also about making a positive difference in the lives of others. He emphasizes the importance of serving others, supporting local entrepreneurs, and creating opportunities for growth and development within the community.

  • What is Krish's perspective on the importance of having a vision?

    Krish believes that having a clear vision is essential for both personal and professional success. He emphasizes the importance of knowing where you want to go in life and setting goals that align with your vision. He also cautions against allowing others to dictate your path and the importance of staying true to your own aspirations.

Show Notes


 

TAKEAWAYS

  • Entrepreneurial journey and success
  • Upbringing and the influence of his parents' immigrant background
  • Early experiences in sales and passion for the cell phone industry
  • The expansion of Krish's Verizon retail business and eventual sale
  • Krish's transition to yoga and real estate development
  • Approach to business and personal development
  • Motivation and drive as an entrepreneur
  • Challenges faced by Krish as an entrepreneur and his resilience
  • Krish's reflections on legacy and leaving a lasting impact
  • Ryan Alford's appreciation for Krish's story and future possibilities for the conversation

TIMESTAMPS

Growth and Challenges (00:00:00 ) Krish discusses the importance of facing challenges and experiencing growth in life and business.

Introduction and Background (00:00:40 ) Ryan introduces Krish V. Patel, and they discuss Krish's entrepreneurial journey and his impact on the business scene in Greenville.

Early Entrepreneurial Experiences (00:01:56 ) Krish shares his childhood experiences and early exposure to entrepreneurship through his immigrant parents' various business ventures.

Entry into Verizon Retail (00:05:24 ) Krish talks about his entry into the cell phone industry and his decision to join Verizon Wireless as a sales representative.

Entrepreneurial Journey with Verizon (00:06:45 ) Krish details his journey from a sales representative to opening his own Verizon retail store, highlighting his rapid success and expansion.

Learning and Growth (00:12:42 ) Krish discusses his pursuit of further education, including an executive program at Harvard Business School, and his goal to take his company to a $100 million level.

Sale of Business (00:15:42 ) Krish recounts the unexpected offers to buy his business, the negotiation process, and the eventual sale of his Verizon retail stores.

Post-Sale Entrepreneurship (00:18:29 ) Krish describes his post-sale experiences, including challenges in the Austin market and the eventual sale of the remaining stores.

Reflection on Entrepreneurship (00:20:19 ) Krish emphasizes that his entrepreneurial journey was not solely about financial gain but about personal fulfillment and growth.

The passion for entrepreneurship (00:20:36 ) Krish discusses the importance of finding passion over money and the transition from the wireless business to yoga.

The journey of building Soul Yoga (00:21:08 ) Krish shares his journey of starting and growing Soul Yoga, focusing on creating a unique and high-quality experience for busy individuals.

Diversifying business ventures (00:23:48 ) Krish talks about managing over $100 million in assets, including real estate development, property management, and fitness businesses.

Drive and motivation (00:25:44 ) The conversation delves into Krish's personal drive and what motivates him as an entrepreneur.

Challenges and overcoming obstacles (00:30:27 ) Krish discusses the challenges he faces as an entrepreneur and how he approaches solving problems and maintaining a positive mindset.

Legacy and impact (00:33:52 ) The conversation shifts to the impact Krish wants to leave behind and the importance of focusing on people and relationships.

Future plans and inspiration (00:38:46 ) Krish talks about potential future episodes, his willingness to share, and how he aims to inspire others through his experiences.


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How True Leaders Are Forged with Krish Patel

How True Leaders Are Forged with Krish Patel

any (Krish Patel, Ryan Alford