Paul Orfalea: The Harsh Reality of Running a Multi-Billion-Dollar Company | Entrepreneurship | E21

January 5
36 mins

Episode Description

Growing up, Paul Orfalea didn’t know a single adult with a job. All of his family members ran their own businesses, no matter how difficult it got. It felt inevitable that Paul would eventually build Kinko’s, the first widely accessible, self-service retail space for photocopying and printing needs that was later sold for $2.4 billion. In this episode of Miracle Mentality, Paul breaks down the harsh realities of entrepreneurship, from the endless paranoia to the superficiality of relationships. He also talks about his goal to donate all of his money before he passes away. 


Paul Orfalea is an entrepreneur, philanthropist, author, and public speaker. In 1970, he founded the copy chain Kinko’s, a single copy shop that grew to become the industry leader with 1,200 branches worldwide and over 23,000 employees. His family's philanthropic foundation supports early care and education in California.


In this episode, Tim and Paul discuss:

(00:00) Introduction

(01:02) Paul’s experiences growing up in Southern California with ADHD and dyslexia

(04:41) How Paul came up with the idea for Kinko’s 

(09:27) The dark reality of being an entrepreneur

(13:22) The mindset that got Paul through several business failures

(14:40) The value of imposter syndrome 

(17:26) Why you shouldn’t make financial success your main goal

(21:08) How Paul is using his billions to improve the lives of Southern Californians 

(24:57) How mindfulness is the key to a fulfilling life

(28:12) The only thing wealth really gets you

(29:54) Are people inherently selfish or gracious? 

(32:12) How you should change your priorities as you age


Paul Orfalea is an entrepreneur, philanthropist, author, and public speaker. He is the founder of the copy chain Kinko's, which began as a single tiny shop in 1970 and ended up with 1,200 locations worldwide and $2 billion in annual sales. Today, Paul shares the benefit of his business and life experience through his writings, speeches, and college courses. Through his philanthropic efforts and public speaking, Paul strives to improve resources for the next generation of leaders and educators by promoting Whole Child Development.


Connect with Paul: 

Website: https://www.paulorfalea.com

Orfalea Foundation: https://www.orfaleafoundation.org

Connect with Tim:

Website: https://www.timstorey.com 

Instagram: https://www.instagram.com/timstoreyofficial

YouTube: https://www.youtube.com/@MiracleMentalitywithTimStorey

LinkedIn: https://www.linkedin.com/in/timstoreyofficial


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Motivation, Self Help, Mindset, Faith, Purpose, Resilience, Mental Health, Healing, Transformation, Inspiration, Growth, Leadership, Comeback, Spirituality, Personal Development, Breakthrough, Overcoming, Growth Mindset, Hope, Life Transformation, Determination, Confidence, Vision

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