Mondello’s bikes, sold all over the world, are low-to-the-ground, lightweight wonders that let new riders skip training wheels and go straight to gliding fast and having fun. What’s Mondello’s game plan to keep his ever-so-cool bikes on top? Always being ready to change his game plan.

I work for myself because . . . I’m not really one for being regimented, putting in x hours to get x result. I’ve had the standard 9 to 5 job, but that really didn’t fit my creativity and personality. Sometimes I get my best ideas at halftime.

When I hit a roadblock . . . I look at the problem from as many angles as possible to figure out how to get over, around, under or through the wall. Sometimes I can solve it on my own, or I have other entrepreneurs I can ask for input. It’s an ongoing process. I think, “What do we need to overcome, and what’s the least painful way to do it?” There’s always a solution. Sometimes money is the quickest answer, but that isn’t always viable, especially over the long term. You can’t always throw money at a problem.

The best risk I’ve taken is . . . definitely starting Glide Bikes. I never knew how far I would go when I started this business. I knew I had a compelling idea, but I also knew it wasn’t a profitable endeavor the way I was doing it, building them in my garage – the numbers didn’t add up. So it was a matter of figuring out how to get profitable, get production costs down.

The most surprising thing that’s happened is . . . that the world would embrace the idea of balance bikes so strongly -- and that we would have so much competition. When we started, I thought we had this little niche market and that we’d be the only one out there, but we’ve had everyone nipping at our heels. Many companies are making a version of the balance bike now. It’s a challenge to differentiate our bikes and our brand now that there are so many other versions available.

Change is . . . a constant part of our business. We’re constantly adapting. Product development is something we’re always looking into.

I’m driven by . . . my goal to get everyone on bikes, whether it’s an adult, and older person, a child, a special-needs kid. It’s really rewarding for us to allow someone who couldn’t ride a bike to learn how.

The best piece of advice I’ve ever gotten is . . . I’d rather give some advice: don’t let people tell you something can’t be done. The more people tell me I shouldn’t do something the more it makes me want to prove them wrong.

Is your business ready if things change? An emergency fund can provide peace of mind when the unexpected happens. 

Visit Goal Investor here.