In this episode of Creating Confidence, Justin Prince shares his personal journey from facing early hardships—including his parents' divorce, frequent moves, and a failed business venture—to building multiple successful businesses. He discusses his approach to overcoming obstacles through what he calls a "left foot, right foot" mentality, and explains how the scale of one's achievements often corresponds to the magnitude of challenges faced.
Prince outlines his framework for success, including his "3D vision" approach of defining, declaring, and dedicating oneself to goals, and the formula "E + R = O" (Event + Response = Outcome) for understanding how responses to events shape outcomes. The episode covers practical strategies for personal development, the importance of supportive relationships, and methods for aligning decisions with personal identity to accelerate success.
Sign up for Shortform to access the whole episode summary along with additional materials like counterarguments and context.
Justin Prince shares his journey from hardship to success, beginning with his parents' divorce when he was 12. As the oldest child in a single-parent household, Justin experienced significant instability, moving 13 times during his teenage years. At 25, his first business venture failed catastrophically, leaving him in debt and living with his pregnant wife and two children in his in-laws' garage loft. Despite these setbacks, Justin worked multiple jobs to support his family while maintaining his entrepreneurial aspirations.
Justin emphasizes that persistence was key to his recovery, describing it as a "left foot, right foot" mentality of continuing forward despite obstacles. He views struggles as essential components of success, suggesting that the magnitude of one's achievements corresponds directly to the scale of challenges overcome.
Justin Prince and Heather Monahan discuss the crucial role of mindset in personal growth. Justin emphasizes his "3D vision" approach—defining, declaring, and dedicating oneself to goals. He introduces the formula "E + R = O" (Event + Response = Outcome), highlighting that one's response to events, rather than the events themselves, determines outcomes.
Both speakers stress the importance of surrounding oneself with supporters. Justin shares Ronald Reagan's insight about following those who believe in you, while Monahan emphasizes how positive affirmation can significantly impact self-perception and goal achievement.
After his initial business failure, Justin Prince went on to build five multimillion-dollar businesses, collectively generating over $2 billion in revenue. His success has led him to share stages with renowned speakers like John Maxwell and Jamie Kern-Lima.
Through his book "Be The One," Justin provides practical frameworks for success, offering tools and strategies for what he calls an "unforgettable life." The book includes workshops and exercises designed to help readers make decisions aligned with their identity and accelerate their path to success through habit stacking and learning curve optimization.
1-Page Summary
Justin Prince shares a candid narrative of his personal journey marked by significant challenges and his unwavering commitment to overcome them.
After Justin's parents divorced when he was just 12, he became the oldest child at home, and his mother raised him and his siblings. During his teenage years, they moved 13 times, leading to a life of instability. School was not his primary focus, as Justin was more interested in sports and socializing with friends.
At 25, Justin took the leap into entrepreneurship and started his first business. Unfortunately, the business eventually collapsed, leaving him financially destitute. He found himself with substantial credit card debt, behind on taxes, and financially "below zero." During this low point, he, his pregnant wife, and their two children were forced to live in a loft above his in-laws' garage. Despite these hardships, Justin supported his family by returning to his old job at a mall kiosk selling animated Bible videos and took on a second job to ensure he could provide for his family.
Despite the failure of his first business and the need to work multiple jobs, Justin remained dedicated to his dreams and ambitions. This perseverance led him to start a second business.
Through every setback, Justin reaffirmed his determination not to be defined by failures such as bankruptcy or a failed business. He describes persistence as a "left foot, right foot" mentality, continually moving forward, adapting, growing, and learning regardless of the obstacles.
Jus ...
Personal Journey and Overcoming Obstacles
Justin Prince and Heather Monahan discuss the pivotal role of mindset and self-belief in personal and professional growth, emphasizing the importance of vision, the power of response to events, and the necessity of support from believers.
A clear vision serves as a compass for personal development, guiding actions and fostering a strong, positive self-perception.
Justin Prince highlights the significance of developing a positive identity and self-perception by recognizing the importance and purpose of one's gifts. He stresses that talents are given not for personal gain, but to be shared for the benefit of others. He also mentions the importance of having hope and maintaining a positive expectancy towards future goals, which creates a clear vision. Prince teaches about having a 3D vision—defining, declaring, and being dedicated to it—as essential habits for high performance.
Heather Monahan illustrates the impact of cultivating a strong, positive self-perception from childhood, establishing her as her own mentor and thus promoting internal dialogues that foster self-belief.
Prince believes in the accountability that comes with publicly declaring one's goals, as this compels one to take actions consistent with their aspirations. He shares the story of his diet for a physique show, a goal he could not have achieved without aligning his actions with his vision. Monahan argues that the alignment of one’s actions with their vision and goals is imperative for building and maintaining confidence in their abilities.
Understanding that one's response to an event has a significant impact on the outcome is key to taking control of one's life and successes.
Prince emphasizes the formula E + R = O (Event + Response = Outcome), explaining that events alone do not determine outcomes; instead, one's responses play a crucial role. He refers to Viktor Frankl's experiences to underline the power of choosing one's response, even in extreme adversity. Monahan also supports this notion, citing her own practice of stepping aside and giving herself time before responding to situations.
To maintain a forward-looking mindset, it's important to avoid negativity. Prince and Monahan both discuss practical steps, such as embracing positivity and making better choices, to ensure an empowering approach to life's challenges. They encourage perseverance and an optimistic outlook even in the face of difficulties.
The support of trusted ...
Mindset, Self-Belief, and Personal Development
Justin Prince is a global entrepreneur who, through leveraging expertise, persistence, and strategic decision-making, has built five multimillion-dollar businesses that collectively generated over 2 billion dollars in revenue. Despite his now impressive professional career, Justin began his journey with humble beginnings, working construction, flipping pizzas, and even selling animated Bible videos from a mall kiosk. It wasn't smooth sailing from the onset as his first venture left him financially below zero.
Justin Prince's business aptitude is grounded in his ability to continuously innovate and think ahead. His success is a testament to his capacity for adapting and evolving business strategies as needed to stay relevant and thrive in the market.
Justin's journey reveals that a critical aspect of entrepreneurial success lies in the capacity to pivot and adapt. He has maintained a balance between his business achievements, happy family life, and spiritual practice, demonstrating that personal values are central to his success philosophy.
Justin Prince has made a name for himself as an acclaimed keynote speaker, sharing stages around the world with renowned speakers and influencers such as John Maxwell and Jamie Kern-Lima. His reputation as a keynote speaker underscores his profound understanding and successful application of personal development principles.
Prince's engagements indicate his deep connection with the personal development sphere.
Justin Prince authored the book "Be The One," which encompasses precise tools, habits, and action steps designed to help others achieve success both personally and professionally. In his book, he outlines his philosophy on life and success, focusing on lev ...
Achieving Professional and Entrepreneurial Success
Download the Shortform Chrome extension for your browser