For Episode 253 of Amplify Your Business, we’re joined by Pierce Krol, the founder and CEO of Insurely Inc, who generously shared his 18 years of entrepreneurial experience. He emphasized three key lessons: embracing failure, continuous learning, and resilience. Insurely, his digital insurance brokerage, evolved from his frustration with the insurance industry. He recognized that traditional insurance processes were slow – often lacking user-friendliness. Pierce’s vision was to digitize the insurance experience and provide his customers with a seamless, efficient, and user-friendly platform. Pierce pivoted from his previous bricks-and-mortar insurance business to start Insurely, driven by this need for technological advancement. He values surrounding himself with business mentors and has a long-standing business coach who helps him navigate personal and professional challenges. Pierce believes in betting on oneself and emphasizes self-care and spirituality as he continues his entrepreneurial journey. 

To learn more, visit http://www.insurely.ca. 

00:00 – Intro

01:03 – What are three things every entrepreneur should know?

07:47 – What problem is your company solving?

10:06 – What was your inspiration for starting this company?

13:14 – How did find the courage to embrace entrepreneurship?

16:12 – What role does an advisory board play in your development as an entrepreneur?

21:32 – What are your biggest challenges as an entrepreneur?

24:33 – What is easier for you now that you’re further along in your entrepreneurial journey?  

28:35 – What obstacles are you anticipating and how do you plan to overcome them?

33:23 – What is the most expensive lesson you’ve had to learn as an entrepreneur?

36:19 – If you could write a letter to your younger self, what advice would you give?

40:06 – What was happening internally to inspire that advice?