Jacob Chavez is a serial entrepreneur that’s driven to make a better life for himself and all those around him. His grandparents moved to the United States from Mexico to provide their family a better life – a move that Chavez quotes, “was like conquering the world to them”. For as long Jacob can remember, he has been addicted to knowledge and progress in every job he’s held – learning as much as possible and becoming the master at everything he does through due diligence and hard, honest work.
In true serial entrepreneur spirit, Chavez also spends his time training and managing fighters – one of which is Jake Paul. One night after a training session with Paul, Chavez gave him some CBD chews to help with his sleep. These CBD chews have been over a decade in the making for Chavez, who has been growing, harvesting, researching, and developing ways to improve and advance uses for hemp and CBD since 2008. The day after Chavez gave Paul the chews, Paul reached out and let Jacob know how incredible the CBD chews were – something almost all of those who have experienced them have expressed. Jacob and Jake then went into business together and created Jacob’s Private Select, a Premier CBD Brand users can trust.
Where did the idea for Jacob’s Private Select come from?
As a farmer with land, I always wanted to maximize my profits as much as possible. Once I learned the value of CBD in 2008, I decided to learn as much as I could about it and began growing and harvesting it myself shortly after. Years of research and development have gone into my CBD operations before Jake Paul experienced it himself, but once he did, we decided to launch Jacob’s Private Select.
What does your typical day look like and how do you make it productive?
After I wake up, I immediately attack the most important things I need to get done for that day. I also prioritize my routine, which includes exercise, meditation, and prayer. Essentialism is how I stay productive – focusing only on the essentials.
How do you bring ideas to life?
If I have an idea, I’ll physically go ahead and make it come to life. I’ll start by learning every aspect of how to make it possible, then I’ll break down what work needs to be done in the smallest pieces possible, then I’ll begin doing what needs to be done for it to come to life.
What’s one trend that excites you?
All electric cars. Modern science and technology is fascinating.
What is one habit of yours that makes you more productive as an entrepreneur?
Essentialism. Living a clean, honest, and simple lifestyle that allows you to focus only on the important things.
What advice would you give your younger self?
You’re going way too hard and fast. Slow it down and take your time evaluating each decision before committing to them.
Tell us something that’s true that almost nobody agrees with you on.
Putting God first. If you don’t, you won’t be successful. People might think I’m crazy, but none of this would be possible without God.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
Exercise and meditate. Sweat. Get your body moving for at least 30 minutes every day. It’s important to always prioritize your mental, physical, and spiritual health.
What is one strategy that has helped you grow your business?
Always be the first one there and last one to leave.
What is one failure you had as an entrepreneur, and how did you overcome it?
I’ve faced so many failures, but what I’ve learned is that you can avoid many and overcome all if you keep your head down, work hard, and stick to what you know and are good at. Chasing clout, money, and businesses that you think would make you look cool or impress people has always ended up in failure for me. You need to make sure your heart is in it and your business is morally sound.
What is one business idea that you’re willing to give away to our readers?
Whatever you’re good at, just go for it. Don’t rely on anyone else to do it for you. Put in the work and it will pay off.
What is the best $100 you recently spent? What and why?
This wasn’t recent, but the story has shaped me into who I am today. I was at my grandma’s house and she had just cooked me a whole meal. I was 17 and my mom told me to go get a job, but I had no idea what I was going to do. I told my grandma that whatever I end up doing with my life, I promise that I’ll make her proud one day. She left and came back shortly after with a coin purse, which she opened and pulled out an old $100 that must have been in there for years before handing it to me. She then said that she hopes it helps me get to where I want to go. That $100 forever changed my life and I’ll never forget that day.
What is one piece of software or a web service that helps you be productive?
It really depends on your business or what you’re trying to get into, but if I had to choose one, I’d recommend Microsoft’s QuickBooks. It’s the best thing for people to learn business and bookkeeping.
What is the one book that you recommend our community should read and why?
Essentialism: The Disciplined Pursuit of Less, by Greg McKeown. I used to be so scatter-brained, but this book taught me how to prioritize what’s important and become more efficient, which has changed my entire game in the business world.
What is your favorite quote?
First in, last to leave.
- Physical & mental health should always come first.
- Honesty is key for successful relationships.
- There’s no substitute for hard work and diligence. It will always pay off.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.