We’ve launched Secrets of Success, a new weekly interview series here at Web.com’s Small Business Forum. I’ve asked some of the smartest, most innovative, most successful people I know to share their insights and success secrets.
Meet: Joseph P. Kincart, the managing partner of Ideation Law, PLLC and the founder of iPac Independent Patent Advancement Company, which works with companies to identify and protect intellectual property. His mission is to help businesses “turn innovation into company assets.”
Rieva Lesonsky: What did you want to be when you grew up?
Joseph P. Kincart: I always wanted to be a mechanic because I love how things work, the smell of a garage and the feeling of tools in my hand.
Lesonsky: Why did you start your own business?
Kincart: Zig Ziglar impressed me when I saw him in person when I was younger. Since then, I have studied how business and success works, which is most evident to me in small businesses where people either learn to be successful or their businesses fail. To paraphrase Teddy Roosevelt, eventually, I had to “be the man in the arena” myself.
Lesonsky: Did you experience a pivotal moment on your way to success?
Kincart: Every time I am able to mirror back to an innovator the extent of their contributions to the world, it is a pivotal moment for me.
Lesonsky: What’s the best small business advice you ever gave and/or received?
Kincart: Innovate. Plan. Do Something. In that order—but get started.
Lesonsky: What’s one “best practice” more entrepreneurs should be embracing?
Kincart: In the beginning, manage your cash flow. Later, after some success, you may enter into greater risk/reward activities.
Lesonsky: Do you have a small business prediction for the rest of the year?
Kincart: The media appears to be peddling fear. Help people offset their fears and you will be successful.
Lesonsky: Do you have a favorite book?
Kincart: Several. Teddy Roosevelt’s autobiography, Napoleon Hill’s The Law of Success and Tolkien’s Lord of the Rings.
Lesonsky: Is there a quote you find particularly inspiring?
Kincart: Albert Einstein’s “Great spirits have always encountered violent opposition from mediocre minds.” And, as alluded to above, Theodore Roosevelt’s, “Man in the Arena” speech.
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