Trep Talk

All Successful Entrepreneurs Do These 3 Things

Senior Entrepreneurship Writer at CNBC
min read

Not all of Raj Peter Bhakta’s entrepreneurial ventures have been home runs. Bhakta actually had enough fumbles early in his career that he questioned his own ability to build something great. But his latest company, WhistlePig whiskey, has been profitable since month one and brings in millions of dollars in revenue each year.

One of the most important lessons Bhakta brought to WhistlePig, which is headquartered on a 1,200-acre farm in Shoreham, Vt., is that to build a successful brand, an entrepreneur needs to have a crystal-clear vision of what he or she wants to accomplish.

“There is no reason that America can’t make the best whiskey in the world. There is no reason that it can’t be based on this farm,” Bhakta says.

Bhakta plans to have every part of the whiskey-making process -- from growing the rye grain to packing the bottles of whiskey -- on the farm. WhistlePig outsourced first batches of whiskey but has obtained a permit to build a distillery on premises and plans to break ground this spring with the goal of completing the distillery in a year.

Watch this video to check out WhistlePig’s farm and get Bhakta's take on the necessary traits of all successful business owners.


Why This Entrepreneur Makes All New Hires Live With Him for a Month

How Michael Rubin Went From Bankrupt to Billionaire

How Cheezburger Founder Ben Huh Rebounded After Hitting Rock Bottom

More from Entrepreneur

Kim's expertise can help you become a strong leader, pitch VCs for capital, and develop a growth strategy.
Book Your Session

For a limited time only, get this bundle of Entrepreneur PressĀ® titles for less than $30 (60% OFF) on our bookstore when you use "LEAP" at checkout.
Buy Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.