From Sales to Building an International Consulting Business
I'm Frédéric Bodin, the founder of La Lumière Consulting. I'm half French, half Belgian, and I'm 30 years old. I work with businesses across industries ranging from agriculture to real estate.
I founded La Lumière Consulting seven years ago. My path to entrepreneurship wasn't built around a single business idea. It grew out of my experience working with interesting people, learning how businesses operate, and looking for ways to create value for them.
Why I Named My Company La Lumière
Seven years ago I founded a company and called it La Lumière. The reason is threefold:
First, LED. At the time I was learning B2B sales for a company that sold it… and la lumière is the French word for light.
Secondly, enlightenment. Meditation and consciousness are very dear to me. I translate my life into six elements of purpose, and everything I do has to contribute to at least one of the six. The first is what I call theosis, the process of becoming one with God. In other words, everything I do, every moment, needs to be an opportunity to learn about myself and to try to become a better person. Step by step, I do what I can to become more conscious, or whole.
Thirdly, my aunt Catherine, the one I called when I was 8. She was always a great inspiration to me. She was always there for me and always had my back. She also had an impressive political background: she was a minister in France and, from 1989 to 1994, Secretary General of the Council of Europe, the first woman to hold the post.
Her last name is Lalumière.
Learning Directly from a Founder Generating Over $1 Billion in Revenue
How Did the Business Idea Take Shape?
Whilst most businesses have one goal, stick to it and then scale that one goal… this one was an extension of my life, which has been working with very interesting people and always looking for the value I could give them.
For my mentor, that meant being his right hand in a lot of things: whatever he needed, I got it for him. I was also building some of his companies. Not anymore.
Sales
What Skills Were Most Important in Launching Your Business?
I mean, you just go to the notary and launch the business.
Key skills… let's say sales.
The First Years
What Were the Three Biggest Challenges You Faced in the Early Years?
- Dependence on a few key clients.
- Consistency.
- Over-engineering.
The Blocked Cards
What Crises Has Your Business Faced, and How Did You Overcome Them?
Five or six years ago I was very arrogant. (I'm still very arrogant sometimes.)
I had been pursuing one thing and it finally worked: 80k USD in one month, on my own. I thought, okay, I figured it out… so I decided to move countries, to switch to a completely different offer, to skip whatever way I had got my customers before and to go straight into investing in marketing, building the websites and everything.
Obviously, I didn't make any money with that. What's funny about this? My lifestyle, which was adapted to the idea that every month I would now make 80k. That was really fun.
Then I came out of a meditation retreat… and my bank had blocked my cards. I didn't know. Somebody at a hotel where I had stayed had taken money from my account without my permission, I had no money to pay the toll or the fuel, and I had to drive for 10 hours on bad roads.
I had exactly one week to find 5,000 USD, and that whole week was pasta and egg yolks. I contacted the wealthiest person I knew and made him an offer.
We made a deal for 75k USD.
Reverse Engineering
What Strategies Have Been Most Effective in Growing Your Company?
Two decisions and one mistake. The first decision is to challenge every status quo, even of successful people. Especially of successful people.
The second is to reverse engineer everything. I ask what the outcome is and where I am today, then I look for the one thing that gets me the fastest from where I am to where I want to go, and I do that one thing, over and over again.
The mistake was preparing. Tell yourself you're going to be as good as you're going to be, and then review what you tried instead of trying to perfect what you haven't tried yet.
Preparation is useless.