Hey there, Keith Worsham here, founder of iLaunchPod.
I have a beautiful wife and three crazy kids who are my life’s inspiration. I consider myself a Wantrepreneur by definition. This means I currently have a full time career in IT as a Systems Engineer and want to be a full time entrepreneur. I’m currently using my online businesses as a way to supplement our family’s income while working towards the day when my supplemental income becomes by full time income.
Here’s a little background on how I came up with the idea to create iLaunchPod. My top 5 passions in life are my kids, my relationship with my wife, the future for our kids, football, and cooking (Sunday dinner). See What is Your Why for more details. Two of my top 5 passions relate directly to my kids and their future.
I’ve worked for a small 10 person start-up, as well as a fortune 500 company where I’ve spent most of my career. Having 19 years in IT has taught me a lot of lessons about technology as well as life lessons. In corporate America, one life lesson in particular I’ve seen over and over is that no matter how hard you work your destiny is controlled by someone else. This fact hold true from getting pay increases to being laid off. I didn’t want either of the kids to have that dependency in their life when it’s time for them to enter the real world. I want them to be able to control their own future.
I launched my first online business in 2007 (CompuSultmedia.com) and helped my wife launch HappyFeelingsParties.com. Our home businesses provided additional income for our family and we were pleased with the results. However, we would have to actively participate in the businesses in order to create income. Active participation would prove to be time consuming especially with full time jobs and three kids. I had to find a different way of doing things. One of my goals now is to create meaningful online ventures that create income passively. We put the hard work in now so the businesses can be on autopilot later.
My oldest son is a pre-teen now. He just turned 11 at the time of this post. I wanted to show him the importance of enjoying reading so I started reading and consuming more content (audiobooks, podcasts, etc). I listen while mowing the lawn, while working out while cooking Sunday dinner. That’s when I came across the book that literally changed my life in a day, The Secret to Success – By Eric Thomas (The Hip Hop Preacher). After listening to the audio book, which is passionately narrated by Mr. Thomas himself, (you can feel his passion), I thought to myself, “there is no excuse for me not to give entrepreneurship a try”. However I still have a family to feed so let me start this slowly.
iLaunchPod is “Launched”
I came across two podcasts Entrepreneur on Fire by John Lee Dumas, and Smart Passive Income by Pat Flynn. In my opinion these two podcasts detailed the groundwork for starting your own online business. I started listening relentlessly, taking notes and tracking my actions. At the time of this writing I have logged over 215 hours of learning about online business from both podcasts as well as various other resources for and by successful entrepreneurs. Combine those hours with a pretty descent technical background, and you have iLaunchPod.
I needed a way to share this information and let my kids see that they can control their own destiny. I have one brother who is already a full time entrepreneur along with his wife (thebabytorpedo.com / thatgirlshelley.com). They have several online businesses and both are great graphic designers. I needed help with design so I called on them. We brainstormed several days and came up with iLaunchPod idea.
iLaunchPod is a place where online business successes and failures are shared in one location. Following the examples of other successful online businesses I wanted anyone interested to see exactly how online businesses are created. I want to be as transparent as possible with everything we do online, including businesses, strategies and income.
iLaunchPod is also an idea incubator. I’ve found that there are a LOT of people with a LOT of great ideas but just don’t know how to get them off of the ground. We are here to help. Feel free to dig around and use whatever information you find to be helpful. One way that we will monetize iLaunchPod however is to provide consultation services. Our consultation services range from assistance with idea generation and refinement, to actually walking through a business building process.
Thanks for sharing your time with me today, and I hope this inspires you to take action and “LAUNCH” your venture.