Making The Most Out of Your God-Given Opportunities with Odes Mitchell

Odes Mitchell is the CEO of GM Pharmaceuticals, a family-owned and operated pharmaceutical company based in Arlington, Texas. Established in 1991, the company has produced over-the-counter and prescription medications as well as supplements to doctors, pharmacies, and consumers. Unlike many of his peers, Odes had a humble start in life, working as a truck unloader in his youth and an airport baggage handler for fourteen years. A man of deep faith, Odes owes his success to the opportunities God sent his way, and it shows: the G in GM Pharmaceuticals stands for God, and M for Mitchell, because God comes first.

In this episode, Odes describes his life: his youth, the small jobs he took, and how the entrepreneurial spirit latched onto him and led to the founding of GM Pharmaceuticals. He explains his experience in sales and why no one is born proficient in the field. He shares how God showed him the path to success. He discusses some of his company's popular products and the innovations the company has made. Odes also explains why he doesn't like to take business loans and why he sees the future of sales as fully digital.

"God gives you responsibility. The more successful you are, the more opportunity God is going to give you." - Odes Mitchell

This week on Priorities Lifestyle:

• Odes's path to successfully running two companies
• How a college degree enabled Odes to get him where he is today
• How Odes got into the pharmaceutical field and when he learned to sell
• Odes's various products and patents
• What it was like bringing Odes's children into the business
• How the pandemic affected their business and the strategy the company has enacted
• How Odes predicts the needs of the market
• The unique technology that made their niacin product release for 9 hours
• Odes's thoughts on borrowing money for his business
• Why Odes is ramping up the digital side of their business

Our Favorite Quotes:

• "I believe God puts you in spots."
• "A lot of times, we think of planning for success from a monetary standpoint." - Rob Schulz
• "As our careers mature, it's so important to have that next generation." - Rob Schulz

Connect with Odes Mitchell

• GM Pharmaceuticals
• TexaClear
• LinkedIn

About Rob Schulz and P&L Podcast

The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company.

Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation.

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