“You’re Going to Make Mistakes, It’s All About How You Respond” The 5 Lessons I Learned Being a 20-Something Founder
I had the pleasure of interviewing Kyle Asman, co-founder, Bx3, a business advisory firm for the blockchain and crypto space.
Jean: Thank you so much for doing this with us! What is your “backstory” of how you become a founder?
I became a founder twice, once when I was 21 and once when I was 23. I went to a smaller college that didn’t have great connections into finance for internships, so my first summer in college I spent working as a bank teller. This was a fascinating experience but since most people don’t physically visit a bank much anymore, I had more than enough time on my hands to create a LinkedIn profile and see all these people with exciting internships. I decided I wanted one, so in June of 2014 I reached out for an internship, but as I would later learn, in order to secure an internship with a bulge bracket bank you needed to apply months in advance. The following fall I applied for hundreds of finance internships at top banks like JP Morgan, Goldman Sachs, Morgan Stanley, etc. .and thankfully, I got the one I wanted. more importantly, I became an expert on internships, how to get them, how they work, and the value of them. I learned the process inside and out of how applications where reviewed, and what people reviewing them looked for. I was able to leverage this information to add value to my clients when I started KyleTheIntern. I had a team of employees and successfully helped hundreds get internships, and then sold the business to a large career firm when I started full time job.
Jean: What do you think makes your company stand out? Can you share a story?
We have grown Bx3 from 3 to 15 in less than 6 months. We have over 30 clients now, and one of our clients said to me, “I feel like I am your only client because of the quality of service we provide”, which is quite remarkable considering the growth of our business.
Jean: Are you working on any exciting projects now?
We are on a project assisting a company that is trying to bring affordable and decentralized power to developing markets which is quite remarkable.
Jean: Do you have a favorite book that made a deep impact on your life? Can you share a story?
I read the Wall Street Journal almost daily. When I was 12 I became interested in stocks and trading, so I began reading the business and finance sections of the Wall Street Journal. When I would find the names of executives and others who were quoted in their I would try and find their contact info and reach out to them. I would ask how they became successful and got where they are today. I always wanted to know their backstory.
Jean: What are your “5 Lessons I Learned as a Twentysomething Founder” and why? Please share a story or example for each.
1. You’re going to make mistakes, it’s all about how you respond
2. It takes a ton of hard work, including long hours, no sleep, and hundreds of rejections. You have to have some motivation to get it all done, whether it is doubters, or just life goals you have you need to find a reason to be successful
3. You need to be persistent
4. You need to listen to others’ opinions, the people who know the industry best, and the people you trust the most
5. When you become successful it will be the greatest feeling of your life
Jean: Some of the biggest names in Business, VC funding, Sports, and Entertainment read this column. Is there a person in the world, or in the US whom you would love to have a private breakfast or lunch with, and why? He or she might see this. :-)
Bill Belichek — I absolutely love his mindset, and how he works hard every single day.
Jean: This was very inspiring. Thank you so much for joining us!
— Published on June 27, 2018