#71 Simon Beard - Co-Founder of Culture Kings

In this episode, I interview Simon Beard - co-founder of Culture Kings. Culture Kings is a premium streetwear company founded by Simon and his wife Tah-nee in 2008. Together, they grew the business from a market stall on the Gold Coast to a $600 million valuation and a listing on the New York Stock Exchange.

This was a wide ranging and insightful conversation with Simon. He talked about how developments in AI have changed not just retail, but every facet of business. He also talked about how important it is to learn how to sell in business and the power of managing your emotional state to perform at the highest level.

Simon also outlined that the entrepreneurial qualities that successful people have are within everyone and just need to be fostered and unlocked.

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Chapters

• 2:47 Simon Beard Background and Culture Kings Intro
• 4:29 How Simon Made 100k Selling Schoolies Merchandise as a Teen
• 9:00 How Simon Beard Set the Standard of Energising Retail Staff
• 11:21 The Importance of Young People Learning Sales
• 15:29 Can Entrepreneurship and Sales be Taught to Anyone?
• 16:32 What Simon Beard Would Do Differently If He Could Start Culture Kings Again
• 20:20 How AI and Technology is Evening the E-Commerce Playing Field
• 24:53 How AI Will Impact Jobs and Dinosaur Companies
• 30:15 When Will Video AI Replace Content Creation?
• 34:33 Why Emotional Regulation is the Greatest Skill of an Entrepreneur
• 38:47 How Did Practicing Emotional Regulation Impact Simon's Personal Life
• 40:05 The Story of Selling Part of Culture Kings for $300 Million
• 52:17 What's Next for Simon Beard and Culture Kings