The Line of Legacy - A Working Theory of Entrepreneurial Legacy

Bootstrapped Unicorns: Entrepreneurship with Josh Pies

LINK TO YOUTUBE VIDEO: https://youtu.be/GP4H48V6KjU?si=pChksJ_-FAceZLWx

EPISODE NUMBER: 2

RELEASE DATE: Jan 2024

PODCAST TOPIC KEYWORDS:

Father, career criminal, entrepreneur, digital marketing, video professional, legacy impact matrix ,entrepreneurs, Bootstrapped Unicorns podcast, leadership, John Maxwell, MLK, JFK, Gandhi, Hitler, negative impact, positive impact, legacy, impact

SHOW NOTES:

In this episode of Bootstrapped Unicorns, host Josh Pies explores the concept of the legacy impact matrix and how it relates to entrepreneurship. Josh shares personal stories and insights about entrepreneurship. He introduces the concept of the legacy impact matrix, which highlights the correlation between impact and legacy. Josh encourages entrepreneurs to focus on creating a positive impact and legacy by pouring into others and helping them grow. The blog post includes an explanation of the legacy impact matrix and provides examples of different scenarios based on positive and negative impact and legacy.

Josh also shares his own entrepreneurial journey and discusses the importance of learning from failure. He emphasizes the value of trying new things, taking risks, and being willing to pivot in order to find success. Josh invites fellow entrepreneurs to join the show and share their stories, including the challenges they faced, the lessons they learned, and the tips they can offer to help others on their entrepreneurial journey.

00:42 Introduction

00:51 Who is Josh Pies?

02:38 The Legacy Impact Matrix

03:11 The Two Groups

12:35 Positive Impact and Positive Legacy

10:02 Positive Impact and Negative Legacy

13:06 Negative Impact and Positive Legacy

22:45 Conclusion

BLOG:

Welcome to the Bootstrapped Unicorns podcast! In this episode, host Josh Pies takes us on a journey through the Line of Legacy and the Legacy Impact Matrix. He shares personal stories, insights, and the importance of entrepreneurship in leaving a positive impact and creating a lasting legacy.

Josh introduces himself as an entrepreneur since the age of four. He highlights that entrepreneurship is his passion and his main source of income is digital marketing and the entertainment industry. He emphasizes the excitement, challenges, and rewards of being an entrepreneur.

Josh explains that the first few episodes of a podcast are crucial in setting the tone and introducing the host's mission. He invites the audience to join him on the journey of exploring the world of entrepreneurship and learning from experienced guests.

Josh introduces the concept of the Line of Legacy and the Legacy Impact Matrix. He explains that legacy and impact are often conflated but have distinct meanings. Legacy refers to how one will be remembered and the lasting memory of their actions. Impact, on the other hand, is the degree to which their influence extends in the world.

Josh visualizes the Line of Legacy and the Legacy Impact Matrix with a quadrant model. In the positive impact and positive legacy quadrant, he cites influential figures like Martin Luther King Jr. and Gandhi. In the negative impact and negative legacy quadrant, he mentions infamous figures like Hitler.

Josh discusses the other quadrants, such as positive impact and negative legacy, which represent cautionary figures, and negative impact and positive legacy, which may include despots who have an artificially notable life but leave a negative impact.

He emphasizes that entrepreneurs have the opportunity to make a positive impact and grow their line of legacy. Josh believes that the focus should be on others, as true leadership comes from pouring into others' growth and success.

Josh shares personal stories of his entrepreneurial journey, including starting multiple businesses simultaneously, experiencing failures, and learning valuable lessons along the way. He encourages entrepreneurs to embrace failure, learn from it, and share their stories to inspire others.

In conclusion, Josh invites entrepreneurs to join the Bootstrapped Unicorns podcast as guests to share their journeys, successes, and failures. He expresses his passion for impacting others and creating a positive legacy through entrepreneurship.