In todayโs episode of Passion Struck, I dive into the incredible journey of Jamie Siminoff and how Jamie Siminoff built Ring after facing a public rejection on Shark Tank. What started as a million-dollar idea dismissed by investors turned into a billion-dollar acquisition by Amazon, redefining the home security industry. Siminoff’s story is a testament to resilience, innovation, and the unwavering belief in his vision.
Throughout this solo episode, weโll explore how Jamieโs relentless pursuit of his idea, despite the odds, not only led to Ringโs success but also offers six key lessons for overcoming rejection and turning setbacks into stepping stones for success. If youโve ever faced doubt or adversity in your own journey, this is an episode you wonโt want to miss!
Want to learn the 12 philosophies that the most successful people use to create a limitless life? Order John R. Milesโs new book, Passion Struck: Twelve Powerful Principles to Unlock Your Purpose and Ignite Your Most Intentional Life.
And in case you didnโt already know it, John R. Miles (@John_R_Miles) takes your comments and questions for Momentum Friday right here every week! If you want him to answer your question, register your feedback, or tell your story on one of our upcoming weekly Momentum Friday episodes, drop us a line at [email protected]. Now, letโs dive in!
“Setbacks are inevitable, but they donโt have to define you. Itโs how you respond to them that matters.”
John R. Miles
The Road to Success: How Jamie Siminoff Built Ring After Shark Tank Rejection
In 2013, Jamie Siminoff appeared on Shark Tank with his invention, DoorBot, a smart video doorbell that would later become Ring. Despite pitching a product with clear potential, Siminoff faced rejection on national television. But this setback was just the beginning of his story. Instead of letting the rejection define him, he used it as fuel to propel his idea forward, refining the product and his business model until Ring became a household name.
In this episode, we unpack how Jamie Siminoff built Ring by embracing resilience and turning obstacles into opportunities. From rebranding DoorBot into Ring to securing a billion-dollar acquisition by Amazon, Siminoff’s journey is filled with valuable lessons on innovation, persistence, and following your visionโeven when others don’t see it.
Key Takeaways from This Episode
- Rejection Can Fuel Success โ Jamie Siminoffโs rejection on Shark Tank didnโt stop him. Instead, he used it as a stepping stone to improve his product and eventually build Ring into a billion-dollar company.
- Believe in Your Vision โ Despite early setbacks, Jamie’s unwavering belief in his idea helped him persist through tough times. This episode highlights the importance of staying true to your vision, even when others doubt it.
- Resilience is Key โ The journey to success is rarely smooth. Jamieโs story shows that resilience, perseverance, and the ability to bounce back after failure are critical to achieving long-term success.
- Innovation is Ongoing โ Jamie continually refined and improved Ring, demonstrating that innovation doesnโt stop after launching a product. Listening to customer feedback and adapting to market needs is crucial.
- Strategic Partnerships Matter โ The partnership with Amazon was a game-changer for Ring. Jamieโs story underlines the value of building meaningful connections that can accelerate growth.
- Learn from Setbacks โ Every failure or setback contains valuable lessons. Jamie transformed what could have been a career-ending rejection into a powerful opportunity to grow and innovate.
Why This Episode About Jamie Siminoff Is a Must-Listen
This episode dives deep into how Jamie Siminoff built Ring after being publicly rejected on Shark Tank, showing that setbacks don’t have to define your success. It’s a must-listen for entrepreneurs, innovators, and anyone whoโs ever faced rejection. You’ll discover the mindset shifts that helped Jamie turn adversity into a billion-dollar success story and learn six powerful lessons on resilience, innovation, and unwavering belief in your vision. Whether you’re looking to grow your business or overcome personal challenges, the insights from this episode will inspire and empower you to keep pushing forward, no matter the odds.
PLEASE SCROLL DOWN FOR FEATURED RESOURCES
Sponsors
Babbel is the new way to learn a foreign language. The comprehensive learning system combines effective education methods with state-of-the-art technology! Right now, get SIXTY percent off your Babbel subscriptionโbut only for our listeners, at Babbel dot com slash PASSION.
Stop hair loss before itโs gone for good. Hims has everything you need to regrow hair. Start your free online visit today at โHims dot com slash PASSIONSTRUCK.โ
Quince brings luxury products like Mongolian Cashmere, Italian Leather, Turkish Cotton and Washable Silk to everyone at radically low prices.Go to โQuince dot com slash PASSIONโ for free shipping on your order and 365-day returns.
STARTER PACKS
Are you new to the show? These Starter Packs are collections of our most popular episodes grouped by topic, and we now have them on Spotify.
You can also browse starter packs for existing listeners to find old favorites. Every week, John interviews everyday heroes from all walks of life. Learn how to subscribe to the show and never miss a new episode and topic.
Like this? Please subscribe and join me on my new YouTube platform for peak performance, life coaching, and personal mastery.
Passion Struck has been recognized by the Next Big Idea Club as a must-read for 2024. Additionally, It was selected as a winner of the 2024 Melanie P. Smith Readers Choice contest by econnections magazine. It also won the best nonfiction book at the International
Billion Dollar Success After Shark Tank: Entrepreneurial Lessons from Ring’s Founder
Jamie Siminoff’s journey to billion-dollar success after Shark Tank is nothing short of remarkable. Despite facing public rejection on national television, Jamie used that setback to fuel his determination and ultimately revolutionize the home security industry with Ring. His story is a testament to the power of resilience, innovation, and unwavering belief in your vision.
One of the key entrepreneurial lessons from Ring’s founder is how he turned failure into success. After walking away without a deal, Jamie didn’t let the Shark Tank rejection define him. Instead, he refined his product, built strategic partnershipsโincluding the game-changing Jamie Siminoff Amazon acquisitionโand continued to push forward. His focus on solving real-world problems and listening to customer feedback turned Ring into a leader in home security innovation.
Whether you’re an aspiring entrepreneur or someone looking for inspiration to overcome obstacles, this episode provides invaluable lessons from building a billion-dollar startup. From learning how to bounce back after rejection to cultivating the mindset needed to scale a business, Jamie Siminoff’s journey offers powerful insights for anyone on the path to success.
RESOURCES FROM THE SHOW “How Jamie Siminoff Built Ring After Shark Tank Rejection”
Please note that some of the links on this page (books, movies, music, etc.) lead to affiliate programs for which The Passion Struck podcast receives compensation. Itโs just one of the ways we keep the lights on around here. Thank you so much for being so supportive!
- Radio St. Pete: https://radiostpete.com/
- American Psychological Association (APA) โ Resources on resilience and coping: apa.org
- Psychology Today โ Articles on mental health, resilience, and personal growth: psychologytoday.com
- Sign up for our newsletter to receive regular updates on new episodes, guest interviews, and exclusive content designed to help you become the best version of yourself.
- Follow us on social media (Facebook, Instagram, Twitter) to join our passionate community and stay connected with like-minded individuals seeking personal growth and inspiration.
- Share this episode with your friends, family, and colleagues who could benefit from learning how to break free from the savior complex. Spread the power of personal growth and helping others by first potentializing from within.
- Leave a review on your favorite podcast platform, such as Apple Podcasts or Spotify, to let us know how this episode resonated with you and to help others
Check My solo episode onย Find Your Matter Meter: Create Belief in Why You Matter
Catch My Episode with Jamie Kern Lima on the Power of Believing You Are Worthy
Watch my interview with Dan Cnossen on Unstoppable Success Through Adversity
Can’t miss my episode with Hari Budha Magar on Defy Your Limits to Conquer Your Everest
Listen to my interview with Daniel Fielding on Harnessing the Power of the โAsset Mindsetโ
UNLOCK YOUR BEST YEAR YET: JOIN THE PASSION-STRUCK 50-WEEK CHALLENGE!
Start Your Transformative Journey
Signing up is the first step toward a year of growth and self-discovery. Overcome each challenge and become an inspiration to others. Become Passion Struck!
How to Begin
- Subscribe to Our Newsletter: Fill in your details to join the challenge and receive your weekly guide.
- Initiate with Your First Challenge: Start your adventure with an engaging task delivered to your inbox.
- Engage with Our Online Community: Exchange experiences and find support in our exclusive group.
- Embrace a Year of Evolution: Prepare for a year where each week brings you closer to your best self.
Your Moment is Now!
Donโt miss this opportunity to make this year your most extraordinary one yet. Sign up for the 50-Week Challenge and answer the call to transformation.
About John R. Miles
John R. Miles is a transformative leader, blending military precision with entrepreneurial flair to ignite purpose and intentional living in millions. A former U.S. Navy officer and Fortune 50 executive, John transitioned from the C-suite to become an international bestselling author and host of the globally acclaimed Passion Struckยฎ podcast, which has ranked as the #1 alternative health podcast in over 25 countries.
John writes about the science of behavior change, personal mastery, and purpose-driven leadership, drawing from his extensive research in neuroscience, and psychology, plus over 700 interviews with trailblazing experts. His book, Passion Struck: Twelve Powerful Principles to Unlock Your Purpose and Ignite Your Most Intentional Life, has earned accolades including Best Business Book at the 2024 International Business Awards.
With a mission to inspire others to live with passion and intention, Johnโs quirky blend of deep insight and approachable wisdom makes him a sought-after voice in leadership and personal development.
Follow John R. Miles On The Socials
* Twitter: https://twitter.com/Milesjohnr
* Facebook: https://www.facebook.com/johnrmiles.c0m
* Medium: https://medium.com/@JohnRMilesโ
* Instagram: https://www.instagram.com/john_r_miles
* LinkedIn: https://www.linkedin.com/in/milesjohn/
* Blog: https://johnrmiles.com/blog/
* Instagram: https://www.instagram.com/passion_struck_podcast/
* Gear: https://www.zazzle.com/store/passion_struck/
Learn more about me: https://johnrmiles.com.
Passion Struck aspires to speak to the humanity of people in a way that makes them want to better, live better, and impact the world.
Passion Struckโs mission is to unlock the power of intentionality for the benefit of us all. To create a world where we live better, be better, and impact the world through our unique and powerful content.